Resource Tycoon Reborn

Pingchuan is still hot in September, and the occasional rain or two does not have much of a cooling effect. However, there are many ancient trees in Pingchuan Ancient Town, and it is far from the urban area, so the population density of the residential area is not high.

It’s big, so staying here, except for turning on the air conditioner for a while during the hottest time at noon, it’s quite comfortable to stay in the city the rest of the time.

Today's Pingchuan Ancient City residential area can be said to be a different scene. The residents are no longer the first batch of wealthy families from Qinxi Province, but wealthy families from many provinces across the country.

The housing prices in the residential area of ​​Pingchuan Ancient City are naturally rising, almost rising like a somersault. However, even so, there are still many wealthy people who want to squeeze in, even if they can live here for a year.

It may only last three or two months in total. Not only because the security here is reassuring, but also because there are many business opportunities here, and you can get to know many elites from all walks of life. Of course, among them, the "landlords" are undoubtedly the most popular ones.

"The Fang family is the most eye-catching and attractive core.

If you stay in the ancient city of Pingchuan, you will be able to be neighbors with the Fang family, one of the top business upstarts in Qinxi Province and even in the country. And if you are lucky, you may also get to know the core members of the Fang family. If you can get the help of the core members of the Fang family,

Favor, it would be the best thing to do business with the companies under the Fang family. Moreover, the Fang family has many overseas relationships, which may be able to help companies open export channels. Especially Hong Kong Kumho Film

The group company's string of box office successes and the news that Fang Mingyuan has become a director of HSBC Holdings Co., Ltd. have made many people in the country go crazy.

For domestic enterprises, due to poor financing channels, bank loans are very important. State-owned enterprises are relatively better off, and loans are relatively easier, while loans for private enterprises are much more difficult, not only requiring a lot of "public relations"

"Expenses, sometimes even if you are willing to pay heavy interest, you still can't get a loan. Not to mention that China has approved HSBC Bank to set up a subsidiary in China to start business, just because HSBC Holdings Co., Ltd. has the status and influence in the international financial industry

.It is also enough to easily help these private enterprises obtain loans. What's more, the Fang family also owns shares in Jimin Bank, Fengyuan City Commercial Bank, and Tongyicheng Commercial Bank.

This caused the rent in the residential area of ​​Pingchuan Ancient City to rise sharply. However, the Fang family did not keep the extra rent. Instead, it was given to the ancient city management department to repair the ancient city buildings and enrich the collections of the museums in the ancient city.

Money is easy to get things done, and the collection of the Ancient City Museum is now much richer than before. They have collected all the stone tablets and carvings left in Tongyi from ancient times.

With the economic development of Qinxi Province, Fengyuan and Tongyi are the core areas of economic development, and the tourism industry in the two places is also booming. Pingchuan Ancient City, as a well-known attraction in Pingchuan District, attracts many domestic and foreign tourists every day

When tourists come, especially on holidays, the ancient city is also crowded. The shops in the tourist area of ​​the ancient city are no longer what they were in the past, and they look more upscale. Although the ancient city management department controls the daily passenger flow

Although the management department of the ancient city also controls their prices, it cracks down hard on cheating and abduction. Once the complaints from tourists are true, they will be fined heavily, and the lease contract will be terminated directly and they will be driven out of the ancient city. However, due to the stable passenger flow,

The management department does not charge excessive fees, and there is no food and drink card. The burden in this area is much less. They can get far more generous profits here than in other areas of Pingchuan District, so these stores naturally operate more carefully.

Fang Mingyuan and Angelina were walking on the street. Looking at the shops lined up on both sides, they saw that they sold everything. Today was not a holiday, so there were not many tourists in the ancient city, and the accents sounded very different. There were also many foreigners.

people.

"The changes here are so big. I remember when I first came to Fengyuan, the stores here were still in a mess and sold everything." Angelina said with some emotion. Just a dozen meters away in front of her, she also saw

It was the Starbucks sign. Even though it was not big and antique and had an ancient Chinese style, it was impossible for her to mistake that sign.

"Fengyuan and Tongyi have been developing continuously over the years, so naturally this place will also develop together." Fang Mingyuan said with a smile. He had not been to the tourist area of ​​the ancient city for a long time. What he saw in front of him also made him a little agitated.

It was unexpected, but it didn't show up.

"Let's sit here." Angelina pointed to an ancient teahouse on the side. Pingchuan Ancient City covers a large area, almost three hundred acres of land, although a considerable part of it is occupied by residential areas.

We went there, but the remaining tourist area was enough for ordinary tourists to spend most of the day here. Along the way, the two of them also walked a lot.

"Okay." Fang Mingyuan raised his head and said.

"Grandpa asked me to tell you that because of your warning in advance, the family avoided a lot of losses with Deutsche Bank this time." Angelina said, and the two of them went to the second floor of the tea house and asked for a single room.

The waiter left after bringing the tea.

Just on September 10th, Deutsche Bank announced a profit warning, predicting a loss of more than 8 billion euros! This is because Deutsche Bank has a "Rhineland Fund" and Deutsche Bank itself participated in a small amount

The U.S. real estate subprime mortgage market business suffered huge losses. To this end, the Bundesbank also specially convened banks across the country to discuss a package plan to rescue Deutsche Bank.

"From the news I got, KfW, as the largest shareholder of Industrial Bank, has increased its provisions for the impact of Industrial Bank's losses from the original 2.5 billion euros to 5 billion euros. In addition, other major German banks

A credit line of almost 400 million euros will also be provided to Industrial Bank to help Industrial Bank deal with possible risks in its 'Rhineland Fund'." Angelina poured tea for Fang Mingyuan and said, "Incomplete statistics.

This time, the family avoided a loss of 13.4 billion euros, and instead made a profit of almost 200 million euros. My grandfather asked me to tell you that the family will give you a reward of 500 million euros in the future. Moreover, if there is a similar situation in the future,

The family will reward you according to a certain proportion according to the agreement."

Fang Mingyuan is not directly in charge of the businesses under the Welf family's name. He does not have the time or the extra energy, and he does not want to be criticized behind the back by other members of the Welf family in the future. But from the perspective of the old Welf family,

Look, if Fang Mingyuan does not control part of the Welf family's financial strength. Although this does not affect his identity as a core member of the family, it will have a negative impact on his future role as guardian, which will make him less aware of the situation.

Family members lack sufficient deterrence.

Moreover, for a family to thrive, clear rewards and punishments are very important, and the Welf family has always attached great importance to family rules. The family has never been stingy with those who have made important contributions to the development of the family. Fang Mingyuan’s reminder made the family

A loss of more than one billion euros was avoided, but a huge profit was made from it. Old Welf also gave Fang Mingyuan a heavy reward. Anyway, the reward of 500 million euros may be banknotes or shares. In this way, the family name

The shares of the company were placed under Fang Mingyuan's name. Even if the family members knew about it, they couldn't tell the difference.

"I know something about the situation in Europe. Now is not the worst time. Grandpa and the others should not take it lightly." Fang Mingyuan said, "Is there any movement in the Rusko family?"

"Several banks and funds in Italy have not been able to avoid subprime mortgage losses this time. The Rusco family's losses this time may be more than 2 billion euros. You also know that although the Italian economy has been good in recent years, its development has not been as good as

Our Germany is stable, and the Italian economy is more susceptible to the economic crisis, so the situation of the Rusco family may be more serious than we know. Moreover, the Royal Bank of Scotland suffered heavy losses in the Madoff scam, which also made Rusco

But the power of the family has weakened. Therefore, the families in Europe have been relatively calm recently. Everyone is probably too worried by the subprime mortgage crisis to take care of other people for the time being." Angelina said with a smile. It was the same time.

During the loan crisis, my family not only avoided losses but also benefited from it. However, our opponents suffered heavy losses. This is not a simple loss and profit.

Angelina took a sip of tea, stretched out her hand to hold Fang Mingyuan's hand and said: "I really didn't expect that this subprime mortgage crisis, after large-scale capital injections by many European and American central banks, not only shows no signs of subsidence, but seems to be getting worse."

It is not just European countries that have announced losses due to U.S. subprime mortgages. On September 14, Mizuho Group, the parent company of Mizuho Bank, the second largest bank in Japan, announced that related losses due to the U.S. subprime mortgage crisis have exceeded three

One billion yen. According to estimates from relevant departments of Mizuho Group, the nine major Japanese banks hold more than one trillion yen in U.S. subprime mortgage-backed securities. Many Japanese investors are worried about the impact of the U.S. subprime mortgage problem on the global financial market.

Bringing a more powerful impact. However, a senior Japanese analyst claimed that the vast majority of secured debt obligations invested by Japanese banks have the highest credit ratings, and the impact of the subprime mortgage crisis is quite limited, calling on investors not to worry too much.

In addition, the Korean financial sector also announced that five Korean banks have invested a total of nearly US$600 million in secured debt obligations.

Moreover, on September 17, Citigroup announced that due to the subprime mortgage crisis, the group company had suffered losses of US$1.1 billion. Although this is not a huge loss for a financial group with annual profits of more than US$20 billion,

An intolerably large number, but it still aroused concerns among many investors. As a result, Citibank's stock price fell, and led to the decline of stock markets in various countries. On the same day, the president of Bear Stearns, the fifth largest investment bank in the United States,

Warren Spector announces his resignation.

Looking at the complaints of financial institutions and investors in European and American countries, Angelina couldn't help but admire her even more. How did Fan Mingyuan sense that the subprime mortgage crisis was approaching, and promptly informed the family to reduce investment, thus avoiding a huge amount of money?

loss?

"It's not like it seems, but it's getting worse!" Fang Mingyuan said categorically, "So, the family must seize any opportunity, reduce investment, and don't be fooled by any rebound. It is still at least half the distance from the bottom."

"I will tell my grandfather what you said!" Angelina said in shock. The financial markets in Europe and the United States have reached this stage, but they are still at least half way to the bottom?

"Don't believe it? Haha..." Fang Mingyuan smiled and said, "Do you think that although the U.S. subprime mortgage crisis is getting bigger and bigger, the global economy is still in a growth channel. Although the stock market is jumping up and down, it is declining.

The overall range is not very large, and the real economy looks pretty good. The demand for commodities, whether it is oil or iron ore, is still strong?"

"The stock market rise in your country is also amazing." Angelina said with a somewhat embarrassed smile after Fang Mingyuan explained her thoughts.

"Don't look at our country's stock market. Our stock market is the stock market that least reflects the level of the country's economy. It is completely different from other stock markets in the world. If you use it as a barometer to judge China's economy, I can guarantee that you will lose money to death.

.Why don’t you think about it, why among the companies under our Fang family, only Carrefour Group is listed, and other companies are not listed on the Chinese stock market? That is a casino used to make money. Everyone may make a profit, but the majority of stock investors

You will always be the one who cuts the flesh!" Fang Mingyuan sneered. Angelina opened her mouth in surprise. Although she knew that China's stock market has always been poorly evaluated, she didn't know that Fang Mingyuan actually despised it so much.

Reviews can no longer be simply described as bad reviews.

"If you spread this word, I won't admit that it was me who said it." Fang Mingyuan patted her hand and said with a smile.

"I won't tell anyone." Angelina said quickly. She has been in China for many years, so she naturally understands that this place is different from Europe. It is easy to get into trouble if you go against the government.

Fang Mingyuan said: "The turmoil in the global financial market is still limited to the financial field, but if it cannot be calmed down quickly, as more and more financial institutions have troubles, what will the majority of investors choose?

They will gather as much funds as possible back into their own hands. In this case, the market liquidity will become worse and worse, banks will not dare to lend, and this will gradually affect the real economy. At that time, it will be the time for an economic crisis to break out.

!" (To be continued.)