Resource Tycoon Reborn

As for the shares in his hands, Prince Al Saud had told him early on that he was willing to acquire them at 12% of the market price. He was originally an important individual director of Citigroup and a member of the Saudi royal family.

If there are more shares, it won't be a problem at all when the U.S. government already holds 36% of the shares.

"Did Citibank make a profit in the first quarter?" Angelina's surprised voice came from behind.

"Well, this is an email from Prince Al Saud. The profit will exceed 20 billion U.S. dollars, but this is normal. We just had such a big sale." Fang Mingyuan said with a smile. He was also a beneficiary of this big sale.

who.

"After all, it is Citibank. It has a strong foundation." Angelina put the fruit plate in her hand on Fang Mingyuan's desk and said, "What do you think of the national debt crisis in Eastern Europe?"

"The national debt crisis in Eastern Europe... I think the Europeans have overreacted." Fang Mingyuan scratched his head and said, "I remember the total debt is only 40 to 50 billion U.S. dollars, and most of it is long-term debt. I have no confidence in the European banking system.

I don’t think it will cause any serious impact in the real sense. It will not have a big impact on the global economy, which means it will affect the ratings of some banks.” In his previous life, he knew about the subprime mortgage crisis and knew about it.

Although he knew about the European debt crisis, he really didn’t pay much attention to the national debt crisis in Eastern Europe. This shows that the impact of this incident on the global economy is still limited. And from the information he obtained, the main players in these Eastern European countries

Creditor countries are basically Western European countries, and the proportion of the United States in them is almost negligible. Therefore, the Eastern European national debt crisis has no influence at all on the United States, which is already in dire straits. It is not as influential as the Dubai crisis.

The risk is greater.

"Don't you call this a frightened bird?" Angelina sat down next to him and said with a smile. She has been in a good mood recently. The Royal Bank of Scotland's huge losses and close to nationalization have made its original huge

The shareholder Blake family was severely weakened, and the Rusk family also lost an important helper. Moreover, as Fang Mingyuan pointed out back then, the Royal Bank of Scotland had great hidden dangers. If it was not improved, it would be in danger of bankruptcy and liquidation.

, Old Welf and others believed in Fang Mingyuan's judgment and made some plans in advance. They actually cut a lot of flesh from the Royal Bank of Scotland and kicked the Blake family hard, which had slipped to the edge of the cliff.

A kick. Although the British government stepped in to save the Royal Bank of Scotland, the Blake family did not have that good luck. If nothing else, it can be said that the Blake family has become a second-rate family. It is a foregone conclusion.

With the rise in prices and the outbreak of the global economic crisis, the economic situation of Italy and Spain is more severe than that of Germany and France. The Rusco family's companies are unable to expand, and the Welf family's situation in Europe has been substantially improved.

Of course, had it not been for the debt crisis in Eastern Europe, many banks in Western Europe, including those owned and controlled by the Welf family, would have been in danger of having their ratings downgraded. Her mood

It will be better.

"The national debt crisis in Eastern Europe, in my personal opinion, is nothing compared to the sovereign debt crises that countries such as Italy, Spain, and Greece may face. The family should focus its vigilance on these countries.

Talk about how to deal with a sovereign debt crisis like the one in Iceland." Fang Mingyuan said seriously. Regarding the European debt crisis, he had already reminded Old Welf and others last year.

"Grandpa, they have tried their best to shrink the family business without attracting attention." Angelina picked up the orange, broke off two pieces and stuffed it into Fan Mingyuan's mouth. The Royal Bank of Scotland was successfully succeeded by Fang Mingyuan.

He "predicted" the outcome, which undoubtedly made Old Welf and the others particularly concerned about Fang Mingyuan's warning. Fang Mingyuan smiled and turned his attention back to the computer. Angelina sat next to him and put the

She fed him the fruits on the plate one by one. When the needle pointed to three o'clock in the afternoon, Angelina pulled Fang Mingyuan up from the computer. They were going to Fengyuan International Airport together, because old Welf's special plane was about to arrive.

Arriving shortly after.

When Fang Mingyuan and the others arrived at Fengyuan International Airport, Fengyuan officials headed by Ma Yongfu had already arrived in advance. Not long ago, they received a nod from Fang Mingyuan and promised to start construction of China's first building in Fengyuan by the end of 2010 at the latest.

He is in the second Kumho Film and Television Theme Park in the world. Although he is facing heavy pressure from the economic development of Fengyuan City, he is still in a good mood. This time Old Welf visited China again. As Fengyuan City, he

He and representatives from the province came to greet him, which was considered an important foreign affairs event after he became the mayor of Fengyuan.

Although old Welf no longer serves as a director of HSBC Holdings Co., Ltd. and Aselock Group, his influence in the German and even European economic circles will not diminish just because he resigned from these two positions.

There has been a decline. After all, anyone with a little knowledge knows that the person who succeeded these two positions is the son of old Welf.

Seeing Fang Mingyuan and others walking into the VIP waiting room, Ma Yongfu stood up and walked forward to greet him. Many of the officials who were already waiting here had looks of envy in their eyes. Ma Yongfu has been a leader in the past two or three years.

Triple jump, first he became the mayor of Tongyi, and then the mayor of Fengyuan, which established his position in the officialdom of Qinxi Province in one fell swoop. Although his own abilities were factors in this, but no one could

It is undeniable that the support of the Fang family behind the scenes can also play a decisive role. As soon as Ma Yongfu took office, the Fang family decided to invest more than one billion US dollars in Fengyuan to build the second Kumho Film and Television in the world and the first domestic one.

The theme park, this kind of support has made many people cry.

It didn't take long for Old Welf's special plane to slide into the tarmac. After a brief welcome ceremony, Ma Yongfu and others took the initiative to say goodbye and leave, leaving Old Welf and others.

Passed it to Fang Mingyuan.

"Grandpa!" Angelina took Old Welf's arm and called him affectionately. They hadn't seen each other for several months. Although they had video chats, they were still extra affectionate when they met.

"Grandpa Welf!" Fang Mingyuan also stepped forward to greet the old Welf, but his eyes fell on an old man following the old Welf. Although this old man looked quite handsome in terms of his clothes.

Simple, as if they were the entourage of old Welf. When old Welf met Ma Yongfu and the others just now, they just stood aside silently. Old Welf did not introduce them to Ma Yongfu, but Fang Mingyuan felt that

Judging from the temperament and behavior, this old man is not an ordinary person, but he looks a little haggard.

"Let me introduce to you, this is Adolf Merck, who was ranked 91st on Forbes magazine's list of the world's richest people last year and the fifth richest man in Germany!" Old Welf said with a smile, "Adolf,

He is 'Fang', my grandson-in-law, although he will not admit this identity publicly."

"Hello, Fang, I'm Adolf Merck, nice to meet you. As for the fifth richest man in Germany, who was the 91st on the world's richest list last year, that doesn't make much sense and doesn't have much credibility.

, I was ranked in the forties the year before last." Merck stretched out his hand to shake Fang Mingyuan's hand, and said, "My family likes the movies of Hong Kong Kumho Film Group Company. As for your business vision,

I also admire it very much.”

"Mr. Merck, welcome to Fengyuan as a guest." Fang Mingyuan said, while quickly recalling the information he had read about the German economic community, trying to find out who this Adolf Merck was.

Who is this? Being ranked 91st on Forbes magazine's list of the world's richest people last year shows that he should have a certain influence in Europe and even the world. Although in his opinion, the ranking list of Forbes magazine is actually

It's very unreliable.

"His family controls Heidelberg Cement Group, German Tongyi International Pharmaceutical Co., Ltd., Phoeni Pharmaceutical Wholesale Company and other affiliated companies." Old Welf said with a smile.

"Oh... that's an old friend." Fang Mingyuan showed a look of surprise. Heidelberg Cement Group is a world-renowned cement manufacturer and one of the world's largest manufacturers of cement products. In cement, concrete and building materials

The field is at the world's leading level. Longxing Construction Group Company has also used its products in many engineering projects. As for German Tongyi International Pharmaceutical Co., Ltd. and Phoeni Pharmaceutical Wholesale Company, he is relatively unfamiliar.

The four of them got into the car, and Angelina raised the partition between the driver and the driver. Old Welf came with Merck, obviously he couldn't have come to relax.

"Adolf is an old friend of mine. We have known each other for almost 40 years. I watched him develop a family business into a well-known cement company in Germany and even the world, and founded the German Tongyi International Pharmaceutical Co., Ltd.

, and developed it into the second largest generic drug manufacturer in Germany and the sixth largest generic drug manufacturer in the world. Now German Tongyi International Pharmaceutical Co., Ltd. has offices in more than 20 countries around the world, and its products are sold to more than 30 countries.

More than 700 kinds of drugs are produced and sold, and there are almost the same number of drugs waiting for regulatory approval..." Old Welf said, Fang Mingyuan's eyes were already a little bright.

"However, Adolf has encountered big trouble in the past year!" Old Welf sighed. "First, after Heidelberg Cement Group acquired a British company, its stock price plummeted and was almost cut in half.

During the acquisition of Volkswagen by Porsche, Adolf mistakenly shorted Volkswagen's stock and suffered heavy losses."

Fang Mingyuan couldn't help but look at Merck sympathetically. Porsche's acquisition of Volkswagen can be said to be the most spectacular reversal in the global automobile industry in 2008! Originally pressing forward step by step, it has already

Porsche, which had been cornered by Volkswagen, was about to win a big victory. When it took Volkswagen under its own control, the financial crisis completely broke out and Lehman Brothers filed for bankruptcy. Everything changed!

Fang Mingyuan has also been paying attention to this incident. After all, both Porsche and Volkswagen are giants in the global automobile industry. Although he did not want to draw chestnuts from the fire, as Qinchuan Samsung Automobile Group

The company's controlling shareholder still pays the necessary attention. That's why he can understand what kind of big trap is buried here! It's just that this trap can only be analyzed after the fact.

In the later stages of Porsche's acquisition of Volkswagen, an extremely rare profit opportunity appeared for the majority of market investors. Volkswagen's shares were divided into Volkswagen ordinary shares with voting rights and preferred shares without voting rights. At that time, the market

Due to Porsche's acquisition, the Volkswagen ordinary shares on the market have risen from 30 euros to more than 200 euros per share, while the preferred shares without voting rights are still around 40 euros per share, and the difference between the two is

Nearly two hundred euros!

This is undoubtedly abnormal. Even if ordinary shares have voting rights, the price difference between the two should never be so large. Market investors generally believe that after Porsche obtained the controlling stake of Volkswagen,

, the values ​​of these two stocks will inevitably return to balance. Many people have chosen to short Volkswagen's stock, among which Lehman Brothers is the leader!

According to common sense, there is nothing wrong with doing this, and it should be profitable. However, Lehman Brothers collapsed suddenly before Porsche successfully acquired a controlling stake in Volkswagen.

After filing for bankruptcy protection, the short-sellers had to close their positions as soon as possible to avoid greater losses. The result was that all short-sellers suffered heavy losses, and many even lost all their money! As a result, Volkswagen's stock price soared.

The sky-high price of the stock has increased from more than 200 euros per share to over a thousand euros per share!

This made Fang Mingyuan feel very lucky later. Although he, Yu Dongfeng and Xun Liangtao all saw through the profit points, because Fang Mingyuan was afraid of the uncertainty and destructiveness of the timing of the subprime mortgage crisis, he finally chose

I stood aside and did not participate. In the end, it was proved that I was right not to participate. Although in the whole incident, even at the end of the sudden change, there were still opportunities for profit, but the risk was too great.

It can be said that if you are not careful, you will lose everything! (To be continued.)