Reinventing the Millennium

At dinner in the evening, Fang Zhuo and the leader were still talking and laughing freely.

After only two days of talking, both parties were quite satisfied with the sensor production line that Bingxin had cooperated with Sony.

If nothing else happens, this cooperation will advance rapidly. Zheng Danrui, Qiu Di and others who have been promoted have this wish, and Sony, which does not want to spend more of its own money, also has this wish. Bingxin sees that they all have it, so of course they will do it together. .

However, the news that the listed company Yike was shorted by Wall Street giant Lehman reached the ears of Zheng and Qiu just after the meal.

Go short.

This term is still relatively unfamiliar to mainland China.

When was the last time you heard such a word?

It was Mr. Fang who shorted Gome in Hong Kong stocks, forcing Huang Guangyu to be unable to cash out and get money.

Later, although Gome received funds from fashion merchants and alleviated a considerable degree of liquidity crisis, it lagged behind its number one competitor Suning in the market, and its stock price has been falling since this year.

This incident made many people know the word "short selling".

When it's Mr. Fang's turn...

Zheng Danrui and Qiu Di looked at each other in shock after listening to a temporary report from a deputy director.

Even Zheng Danrui, who witnessed Mr. Fang’s step-by-step progress to today, couldn’t help but sigh: “Mr. Fang really has the air of a general!”

He never saw anything strange about Mr. Fang at the dinner table. He never frowned once during the whole process. He was talking about semiconductor data and the prospects of sensors. He was really personable.

And this kind of demeanor is based on the premise that the company has encountered short selling by giants, which shows even more magnanimity.

Judy nodded solemnly.

Seeing the complex expressions of the two leaders, the deputy director asked worriedly: "As for the cooperation on this sensor production line...according to the plan, Mr. Fang's personal funds will be invested. Should we talk about it again?"

The tone of the last three words "Let's talk more" is a bit subtle.

The conditions for being able to negotiate are completely different whether you are short of money or not. Even if you don't rush to add insult to injury, you can probably get more conditions or initiative within the legitimate scope.

Zheng Danrui said calmly: "Is this the attitude of attracting investment? When an outsider hands you a knife, you take the knife and stab one of your own without thinking? Is this your usual work style of attracting investment?"

The deputy leader's voice was slightly higher, which did not save any face for the deputy director, who immediately turned pale.

Seeing this, Qiu Di smoothed things over and said: "The news about Lehman is indeed surprising at first, but Fang is always a man of things. The ice core's process technology is true, Sony's CMOS sensor is true, Japan It’s true that the engineers will come over, and this cooperation must be advanced as soon as possible.”

Out of the corner of his eye, he caught the unconscious glances of his subordinates and said with a smile: "You guys, don't listen to the wind and it will be rain. Don't think that it's just like being in Shanghai. Look at Luzhou. It has already established a semiconductor industry cluster." Hatsune, we can’t relax.”

The deputy director even claimed that it was.

"You and Fang Zhuo said that there will be no problem with the cooperation between Shanghai City and Bingxin." Zheng Danrui turned to Qiu Di and said.

Judy nodded slightly.

Zheng Danrui pondered for a moment and said: "Ask him again, just ask him whether there will be any difficulties with his funds. If there are difficulties, let's find a way to solve them."

He paused and said a little uncertainly: "There shouldn't be a big problem with Fang Zhuo. He is not the kind of person who is reluctant to speak."

When Judy heard this, she felt like she was waking up from a dream, oh yes, it's true, you are indeed the "Brother Zheng" that Mr. Fang kept saying.

He mentally considered the layout of the current project work, and then carefully looked at the short selling of Lehman.

It was not until ten o'clock in the evening that Judi called Mr. Fang when he returned home.

However, neither the first nor the second pass worked.

Judy could guess that Mr. Fang must still be busy dealing with Lehman's attack at this time, so he waited patiently for a while before hitting him a third time.

This time it worked.

"Hey, old leader, are you still awake?" Fang Zhuo's voice on the phone was full.

Judi's heart sank when he heard this title, and he said with a smile: "I just heard that you, President Fangda, are in some trouble. Let's see if I, the old leader, can do anything to help."

When Fang Zhuo saw that Qiu Lanhua claimed to be the "old leader" and had many true feelings about the past, he immediately said: "Old Qiu, don't think blindly, are you talking about Lehman? Lehman is purely insane. I met him in New York last month Fuld, the head of Lehman, has caused some unpleasantness, and he is seeking public benefit for his own benefit."

He continued: "Old Qiu, it's not easy for you to get promoted. You have to stick to your style and don't make mistakes."

"Who is the leader? Who is the leader?" Judy immediately scolded.

"You are the leader. I will speak up when something happens. This is nothing." Fang Zhuo added, "Lehman is crazy. Don't take it seriously. We must implement the ice core production line solidly. This It’s really beneficial to everyone.”

Judy said "Hmm", seeing that Mr. Fang didn't seem to be faking it, and he had a personal grudge with Lehman Fold, so he gradually felt relieved.

Now that the two of them were on the phone, they talked about some things that were not easy to talk about in public, mainly the two lawsuits between SMIC and Taiwan journalists.

Qiu Di also praised the prototype of Luzhou's industrial cluster today, which includes IC design, manufacturing and packaging. But in fact, Shencheng has gone further in this regard.

However, just as the prototype of this cluster in Luzhou is based on Ice Core, Shanghai's development in the semiconductor industry is also inseparable from SMIC. Once the core links are delayed, the quality of the entire industry will be greatly reduced.

Fang Zhuo was rather cautious on this matter, fearing that his judgment would affect Lao Qiu and cause some fluctuations in SMIC.

To be honest, although I am still not optimistic about the outcome of SMIC's lawsuit, the butterfly effect may be effective in this regard. What we need to do now is to add chips to SMIC's side, and Shencheng may have some solutions. After all, Last time there were administrative factors mediating the situation.

The two chatted for twenty minutes before ending the call.

Fang Zhuo put down the cell phone with his left hand, and picked up another cell phone with his right hand that received calls from time to time.

Lehman was a psychopath, but no one thought he was.

Therefore, the most intuitive negative impact of Lehman's short position on Yike is that all the phones are occupied tonight.

"Turn down the air conditioner, make a cup of tea, and open the emails on your laptop."

Fang Zhuo took advantage of his free time on the phone to instruct Mr. Su to serve as his secretary temporarily. If anything happened, the secretary would do it.

Some calls are more casual and can be passed off as teasing and teasing, but some calls need to be treated seriously.

Although Lehman was a lunatic, it still has the powerful aura of Wall Street, and many people are not aware of the importance of "short selling".

Su Wei did as she was told, put down the tea, opened the Lehman short selling report in the email, and asked, "What else?"

At this time, Fang Zhuo's cell phone lit up again.

He glanced at the number and saw that it was a leader from Anhui Province. This was the kind of call that required seriousness.

Fang Zhuo said to Su Wei before pressing connect, "You can change into pajamas."

Su Wei took a "poof" and saw that his phone was closed and did not continue to scold him.

"Hey, Mr. Wang, it's me." Fang Zhuo smiled and greeted the provincial leader on the other end of the phone. Seeing that Xiao Su was still looking at him, he gestured to her - shui yi.

Su Wei walked away silently.

"Mr. Fang, I heard that Lehman Brothers wants to short your company. Is this serious?" Leader Wang was more direct and did not waste time.

"There is no problem with Yike. I have read Lehman's short report on us. It mainly uses competition and prospects as the reasons for criticism. Due to its own influence on Wall Street, this may cause temporary stock price fluctuations for Yike. , but it will recover soon." Fang Zhuo said seriously, "Short selling is a financial method, and it does not work every time. We have relatively little contact with this in China, so in fact it is not a big problem."

Leader Wang said slowly: "It's not a big problem. Is there still some problem? I understand that short selling is a matter of funds?"

"Small problems are not a problem for Yike and I. This report does point out the real competitive pressure. The mobile phone market that Yike wants to enter has very severe competition. As for this short selling, it is not all related to funds. ." Fang Zhuo said with a smile, "Mr. Wang, do you think our province still has money? Bingxin will need some financing at the end of this year or early next year."

Seeing that Mr. Fang was calm and reasonable, Leader Wang also softened his tone and politely declined: "I believe that Bingxin is getting better and better in financing capabilities, and I also believe that our province can provide more and more industrial support. "

"Yes, I am very confident that ice core technology has reached a critical stage, and I am looking forward to its recent performance." Fang Zhuo did not mention Liang Mengsong, but only revealed a little about the development of ice cores.

"That's good, that's good." Leader Wang laughed and said meaningfully, "We are not afraid of difficulties. Mr. Fang, I have to make an application with you. Next time you return to Luzhou, we will go together. Look at the ice core.”

There is an unwritten rule in Anhui Province regarding ice cores. Don’t inspect, report, or encourage if you have nothing to do. Just give them support and that’s it.

But of course this is not the case for someone with a high status like Leader Wang. He said this with a hint of intimacy.

"Next time I go to Luzhou, I'm afraid I will have to apply for a new wafer fab location with the province. Ice core is going to make great strides." Fang Zhuo did not respond by saying "disaster", but only "application" with actual progress. Respond to "Apply".

Leader Wang is even more cheerful about such applications.

The phone call wasn't long, but the support from my hometown was unwavering.

Fang Zhuo put down his mobile phone and felt that no matter whether it was Anhui or Shanghai, if he asked, he would probably be able to get a good loan.

This is quite good.

As he said to Leader Wang, Lehman's short selling will indeed cause some minor problems. Although he has cashed out a lot of funds for the new production line of ice cores, the amount of subsequent reductions in holdings will definitely be cashed out. reduced.

The purpose of this money is mainly to prepare ice cores, and it can also be used as convenient funds for Yike to seek mobile phone supply chains, and any excess can be invested in shorting the subprime debt market.

In this way, you can make a lot of money for a small amount of money.

Fang Zhuo believed that he had no grievances with Lehman Brothers, and he had long forgotten the small dispute at the last charity dinner.

I didn't expect that gorilla to be so unreasonable.

Although Yike's Chinese market is indeed not good, music players have really sold well in recent years, and they can be regarded as an iconic product of consumer electronics.

Lehman Brothers’ forced short selling, in addition to possibly squeezing out the prospect bubbles in some Eastern markets, is probably that the biggest problem is that it will make some institutions look at mobile phone projects more rationally.

Mobile phones are easy to make, but it is not easy for mobile phones to get a share of the mature market.

But how big of a negative impact can such a negative impact have?

The real bad news was the release of Apple's mobile phone, and the stock price plunge at that time was not your turn.

Fang Zhuo thought about this Wall Street investment bank that had many enemies, and thought about this financial giant that would go bankrupt.

Don't let the butterfly effect affect it!

Lehman in the financial crisis was under the supervision of Goldman Sachs and others, surrounded by peers who had too much to take care of themselves, and underneath was a market that had lost confidence. But was there any hope?

Also, outside.

The British bank Barclays once planned to acquire Lehman's shares and bonds, but was ultimately stopped by the country from the perspective of financial security.

This time, don't let the British change their mind.

Then... find a way to inject CDO securities into Barclays Bank, and find out in advance how to arrange lobbyists with influence in this regard?

Fang Zhuo was afraid that Lehman would not die, so he had related thoughts running through his mind and tried to make things develop as they originally were.

Soon, the phone rang again, interrupting his thoughts, so he could only bury it in his heart.

This is a call from IDG President Xiong Xiaoge.

Similarly, he made this call because of the same problem, which was to ask Mr. Fang whether there was a need for capital turnover.

"Old Xiong, you still have money?" Fang Zhuo was surprised.

"IDG's funds can be turned around temporarily." Xiong Xiaoge was actually under a lot of pressure when he said this.

"This matter..." Fang Zhuo didn't expect Lehman's short selling of Yike to have such an effect. Look, Lao Xiong is still a good friend. "This matter is different from what you imagined. It's between me and Lehman Fuld." Personal matters."

Regardless of whether Fuld was motivated by the last skirmish or not, this is the easiest way to explain it now.

Xiong Xiaoge immediately realized, oh, it’s a personal grudge, oh, Mr. Fang, it’s very reasonable.

"That's it. I'm still very busy. Let's talk about it if I have anything else to do." Xiong Xiaoge came and went in a hurry.

Fang Zhuo didn't even have time to say a few polite words and express his gratitude when he heard a blind tone.

It was already past eleven o'clock, the phone calls were gradually becoming sparse, and many people were waiting to see how this matter would develop.

Fang Zhuo browsed Lehman's situation. After waiting for a while, no new calls came in. He stretched and walked into the bedroom to chat with each other.

However, at one o'clock in the morning.

One phone vibrated wildly, and after no one answered, the other phone also started vibrating non-stop.

Fang Zhuo woke up from his sleep extremely dissatisfied, yawning and answered the call from Shenxin Science and Technology Wang Fengyi.

"Mr. Fang, what's going on? Are you in trouble?" Wang Fengyi said loudly.

"Brother Wang, what's going on? It's already past one o'clock in the morning. Even if there is trouble, let's talk about it tomorrow." Fang Zhuo complained.

Wang Fengyi said loudly: "I just woke up and found out about Lehman. Are you short of money?"

Fang Zhuo asked: "Do you have money?"

"The company has it, I can move it." Wang Fengyi said briefly, "Well, I can move the budget invested in different projects."

"I'm not short of money, but I'm short of sleep. I've been short of sleep these past few days." Fang Zhuo was silent for two seconds. "After I've been busy for a while, there is really an important matter about Shenxin Science and Technology. Let's talk about it then."

Wang Fengyi said simply: "Okay, if you have something to do, let's talk."

"Okay, sleep." Fang Zhuo was not polite.

The briefest call of the day is over.

Fang Zhuo put down his mobile phone and realized one thing deeply. In the eyes of everyone, he, the richest man in the mainland, was indeed not rich enough. He still needed to work hard and work hard in his career.