Reinventing the Millennium.

When there were only two people left in the President's Office of Hang Lung 23, Kong Yu, who had safely returned to Shanghai from the United States, finally had a chance to communicate with President Fang alone.

However, looking at Boss Fang who was drinking tea calmly, he didn't know where to start.

If nothing else, Nasdaq's mechanism for individual stock circuit breakers will start trial operation next week. Because of the background of its birth, many people also call it the "Easy Branch Mechanism" and "Easy Circuit Breaker".

After this mechanism, the SEC's permanent ban on naked short selling will not be far behind.

Yike's violent fluctuations for two consecutive months finally left deep marks on the US financial market.

It was in this office that Kong Yu met Mr. Fang for the first time. Now that he came back again, time has changed, and he is really moved.

He still found an unrelated topic to speak first.

"Mr. Fang, according to Liang Mu's writing, can he still read the book?"

"Why can't you read it? Although it is not all written, it is still more in-depth than others. I think it is quite interesting, but I don't know when I will see his final draft." Fang Zhuo said with a smile, "Don't It seems that he wants to record and research, and the actual work in Yike is also done well, which is worthy of the salary."

Kong Yu drank his tea: "So, everyone is useful, maybe it's just that the position is not right."

"It needs to be excavated and tempered. For example, I participated in the Internet conference in Lin'an this time. Alibaba has eighteen arhats. They started their business together with Ma Dian. Now that Ali is successful, some people say, how can Ma Dian be so lucky?" We have found so many talented people." Fang Zhuo said, "It was these people who grew up together in the process of starting a business, and finally came to such a situation, and the same is true here."

He said with a smile: "Who would have thought that the person who came to me at the cost of his salary would become the king of funds resounding all over the world?"

Kong Yu shook his head: "Mr. Fang, this name is unlucky. Xiaobao is still under close investigation."

"Oh yes, does he know that you bought the plane?" Fang Zhuo remembered a trivial matter.

Kong Yu replied: "He doesn't know, but I called him before taking off and told him."

Fang Zhuo: "..."

This is where confidence really flies.

He pondered for a moment and asked, "Will Xiaobao go bankrupt this time?"

"No, it's just that the situation will be worse. He is a person who insists on judgment and dares to bet, otherwise he would not bet on the financial crisis." Kong Yu said the situation, "Xiaobao may go to court with Goldman Sachs this time, and follow-up There will be no shortage of trouble."

Fang Zhuo nodded, feeling a little unbearable, after all, he had helped his side make money back then, forget it, let's not talk about him.

"What is Lu Peining's attitude?"

"Decades of hard work is not as good as a day's stock price rise. They deeply feel that there is a problem with the financial mechanism. The financial reform bill that is already imperative will have a new round of games in the future." Kong Yu said seriously, "Before I return to China, I will discuss with you. Lu Peining talked about this issue and asked him how he would play the game, and he said that he would sue Goldman Sachs and [-] or [-] financial institutions in court.”

"The hard one comes first, right?" Fang Zhuo said thoughtfully.

"Basically, Wall Street, the SEC, and the White House will all take action, and our matter will be over soon." Kong Yu showed a subtle smile, "At least, the media should not be too hyped, and it is just a matter of time." The matter of a mobile phone company and a few hedge funds, well, maybe the performance of retail investors last month is more worthy of analysis."

The basis of hostility shown by the coercion of retail investors looks more worthy of attention.

Last month, as Yike’s stock price fell, retail investors who were still fighting flocked to other stock battlefields, but due to the suspension of tools and positions such as Freetrade and Go die, they did not make too much splash.

Everyone is the king of retail investors, but it is also necessary to gather everyone together to become the real king of retail investors.

Judging from the current situation, this feeling of being valued probably needs to rest for a while.

According to Kong Yu’s observation, the regulatory game between Wall Street and the SEC will be the focus later on, but it may be difficult for the former to go against the general trend since the financial crisis, and will eventually be tightened.

However, tightening, loosening, tightening, and loosening again, this is also the cycle of time.

Kong Yu has carefully studied the history of changes in the U.S. financial market for a while, and feels that he must wait for the next cycle of loosening.

"Many of our clients are on the bright side this time, and they don't need any evidence. If they have doubts, they will be wary." Fang Zhuo refers to the investigation of political resources involved in MIGA funds by large institutions.

After all, the MIGA fund has no foundation, and some people are not in Fang Zhuo's range, and this time it was basically revealed.

Even if it is Ao Niu, Ren Shi has nothing to do with it on the surface, no matter how meticulously his funds are hidden, with Bai Fang's overthrow, he has become a bright card.

However, Fang Zhuo didn't want to do anything, he just wanted to compete fairly and try to avoid encountering restraints during the development process, or, encounter restraints later, so the situation is already quite good.

"Our procedures are all legal, even for Lu Peining and the others, legal ones may not work." Kong Yu said, "Funds are already flowing in the direction of Europe, and will be digested slowly in the future, and the MIGA fund will start to absorb again. client."

Since the card has been revealed and it is not illegal, then it can be operated in an aboveboard manner.

Fang Zhuo let out a "hmm", and his thoughts jumped on many parties involved. Although he offended many people this time, it also strengthened a lot of relationships.

Putting aside the point of making money, there are pros and cons.

He pondered for a while: "Mr. Kong, when you have enough rest to write a report, the media will do everything possible to find me to find out the situation, and I will have to learn the whole picture from you."

Out of respect for today's gasoline man, especially the car accident and shooting he suffered, Fang Zhuo was very polite.

Kong Yu didn't feel anything. Although he had traded these two short squeezes and squeezes, the more he got into it, the more he felt that he had to be self-aware and self-aware.

When he was in the United States, he noticed the disappearance of some familiar faces, and he deeply suspected that it might be because of the protection from Mr. Fang that he could land safely in Shencheng this time.

But he wouldn't ask about this kind of thing, anyway, regardless of whether there was any, he would treat it as if there was one.

Lu Peining and the others are very vicious, and the boss probably doesn't seem to be a good person, so there is no need to test and test human nature.

When there was another knock on the door outside the office, Kong Yu, who chatted for a while, got up to leave. He really needed to take a good rest to relieve his tense nerves.

However, Zhang Chaoyang and Wang Xiaochuan, who came to the door as agreed, both noticed the bald gasoline man. When the two of them sat down after greeting each other, Zhang Chaoyang couldn't help asking, "Is that the helmsman of your fund just now?"

"Yes, he is Kong Yu, he just came back a few days ago." Fang Zhuo replied.

"Is he the 'Wall Street Squeeze No.1', 'Eco's behind-the-scenes', 'genius trader', 'evil bald head'?" Zhang Chaoyang was amazed, feeling like a news figure had stepped into reality.

Just like Paulson received a lot of praise after becoming famous for shorting, Kong Yu, who was exposed this time, also received a lot of titles.

Fang Zhuo laughed dumbfounded: "It's him."

Zhang Chaoyang couldn't help but asked again: "A lot of media said that you have locked up shares in this short squeeze and can't make money, but I don't believe it. How much money did you make this time?"

Fang Zhuo glanced at Wang Xiaochuan, the person in charge of the Sogou engine who was sitting quietly beside him, and said vaguely, "I made some money, not as much as last time."

Zhang Chaoyang calculated silently, the last time he knew it was the 30 billion US dollars in a big deal with Goldman Sachs, since he also made money this time, it must be 10/[-]. However, in order to support the stock price, Mr. Fang seems to have borrowed [-] billion from himself Echo doing share repurchases...

He sighed: "Mr. Fang, you can make money, no wonder you buy Sogou every time you talk."

Wang Xiaochuan, who had been quiet all this time, frowned slightly and then quickly let go.

"I didn't want to buy Sogou as soon as I came up. That was a joke." Fang Zhuo said with a smile, "You earn a lot and you spend a lot. Whether it is Tesco or Bingxin, spending money seems to be burning money. A few days ago I I also went to Changzhou, where I spent some money on storage for Tesco.”

I ran into the investment promotion leader of Changzhou on the highway before, because the distance is not far, he still went to investigate Changzhou.

It's just that it's really hasty, and initially only investigated the feasibility of e-buy's storage, which can be regarded as further covering the delivery speed of Jiangsu.

"The Yike Department has a big business, and this time it just happened to invest in us." Zhang Chaoyang also used the word "Yike Department".

"I talked with Wang Yan. Sina can form a small team. Whether it is Sina Portal or Weibo's in-site search, we also have technical reserves." During the critical period of mobile terminal transformation, win-win cooperation is in the interests of both of us.”

Zhang Chaoyang agrees with this.

He responded: "So, I asked Xiao Chuan to come over this trip because I wanted to cooperate better and start searching together. He is a genius in our group and has made great contributions to Sogou."

Fang Zhuo smiled at Wang Xiaochuan. Although it was the first time I met him, he had heard of him "before". I don't know the specific story. I just remember that he used "sexy" to describe the related communication with Baidu Li Yanhong, which was probably Li Yanhong's idea. Not sexy and exciting enough or something.

Judging from the quiet and vague memories since entering the door today, he is probably a somewhat twisted and literary person.

"Mr. Fang, Sogou welcomes Yike's investment and cooperation very much." Wang Xiaochuan expressed his attitude, but immediately said, "I am very confident in the future development of Sogou, and I believe that Sogou, which operates independently, can go to Nasdaq .”

Fang Zhuo knew the elegant meaning after hearing the string song, and said with a smile: "I told Mr. Zhang, and I also agreed to the conditions of AB shares. I support Sogou's independent operation. Xiao Chuan, um, I can also call it that way? Xiao Chuan, this point you You can rest assured."

YMS needs to inlay a search link to improve the ecology. It is indeed important, but it does not belong to the first level.

Different from the core position in the PC era, the importance of search on the mobile Internet has declined.

In the era of mobile Internet, apps with various content tend to be closed, and search barriers are gradually built up, and users' usage habits have also changed, and the business model of search has not been able to innovate.

Wang Xiaochuan breathed a sigh of relief when he heard Mr. Fang's statement.

In fact, he, the person in charge of Sogou, only regained his position this year.

After 07, because of a disagreement with Zhang Chaoyang on the search business, Wang Xiaochuan was dismissed as the head of Sogou. It was not until this year that he regained control of Sogou's business by relying on the performance of the Sogou browser to drive the engine.

Of course, this also has something to do with Wang Xiaochuan going to climb the snow-capped mountains with Zhang Chaoyang.

During the period from resignation to ascension, Wang Xiaochuan rejected the invitation from Baidu, and still sticks to Sohu. Now, the concept of "input method-browser-search" has been confirmed and rewarded.

It's just... Yikefang's total investment is like a bolt from the blue!
As an Internet practitioner, Wang Xiaochuan certainly knows Mr. Fang and has heard of his reputation.

He admits from the bottom of his heart that Boss Fang is powerful, but he doesn't like the various styles of the richest man.

Two days ago, Wang Xiaochuan was worried when he received a call from Zhang Chaoyang. Mr. Fang said it nicely, but can Sogou really maintain its independent operation?Does Fang always have a greater purpose?Can Sohu, which is going downhill, resist Mr. Fang's conspiracy?
He came to Hang Lung 23 with this kind of mood, and when he met Mr. Fang, he cautiously expressed his attitude.

"But..." Fang Zhuo said two more words, and took a sip of tea.

Wang Xiaochuan raised his heart that had just been let go.

"What is Sogou's next focus? During the two days of attending the meeting, I didn't have a detailed communication with Mr. Zhang. What I mean is that Sogou will focus more on the mobile Internet business in the future, so as to maximize its strengths and avoid its weaknesses. "Fang Zhuo put down his teacup and talked about business development in a normal way.

However, as soon as he finished speaking, he heard a stressful answer from Wang Xiaochuan, the person in charge of Sogou.

"Mr. Fang, Sogou's development has been planned. You have to rest assured that our independent operation will be fine." Wang Xiaochuan gave such an answer.

Fang Zhuo blinked, glanced at Wang Xiaochuan, and suddenly said with a smile: "Xiaochuan, I'm not trying to intervene in your operation, I'm talking about the future of search."

"Mr. Fang, you also know that in today's search market, Baidu is undoubtedly the number one brand far ahead of No. 'Competitive strategy, binding users and markets through input methods, browsers, and search."

He continued: "This year, the market share of the Sogou input method has reached 70%, and the launch of the Sogou browser has rapidly increased the number of search users. Last year, the market share of the Sogou engine was less than 3%. Next year, I am confident. Bring that number up to 10 percent."

Wang Xiaochuan tried to ease his expression and tone, and said sincerely: "Mr. Fang, I hope you can trust our team."

Trust, stay out of the way, and operate independently.

And, Fang Zhuo's understanding is that what he said just now is also a kind of interference.

He muttered, "Xiao Chuan..."

Considering the status of the opposite party, Wang Xiaochuan said at this time: "Mr. Fang, I don't disrespect Yike's investment. As the person in charge of Sogou, I hope that all the opinions I hear can convince me and promote Sogou's development." develop."

He became the person in charge of Sogou again by relying on the three-stage rocket "input method-browser-search" on the PC side. He also believes that this model will bring good prospects to Sogou. What Mr. Fang just said is already a strategic difference .

Fang Zhuo glanced at Wang Xiaochuan again, and then at Zhang Chaoyang who was speechless: "Xiaochuan, although Yike's investment has not yet been completed, I believe Mr. Zhang and I have the same goal. Sogou wants to develop, and Sogou can develop. .”

He continued slowly: "The problem now is that you may have made a mistake. It's not that I want to convince you, but you want to convince me."

Fang Zhuo's voice became decisive: "You may be very good at search, but I can affirm that the mobile Internet is the bigger future. Any manufacturer, including Sina, Sohu, Baidu, and Penguin, once they can't grasp the mobile terminal , will fall into decline.”

Zhang Chaoyang, who was silent, sat up straight unconsciously.

"Now, you have to convince me, why don't you take advantage of Baidu's slowness and bet on mobile, why do you ignore Yike and Android's growing number of smartphone users, why do you still want to focus on PC end?" Fang Zhuo asked three questions.

He stared at Wang Xiaochuan, and his tone softened again: "If you can't convince me, then I will persuade Mr. Zhang to let Sogou's business change again."

You can keep operating independently but on the right track.

Wang Xiaochuan subconsciously looked at Zhang Chaoyang.

This time Zhang Chaoyang was the same as before, still silent.

Wang Xiaochuan pursed his lips, look!The rumors are true, this is Mr. Fang!
Seeing that Wang Xiaochuan did not give an answer, Fang Zhuo looked at Zhang Chaoyang and said, "Xiaochuan, you can go back and think about it carefully. I think you have overlooked the advantages that Yike hardware can bring. If you want to understand this, we Let’s talk about search strategy.”

He smiled at Zhang Chaoyang and said, "Mr. Zhang, what do you think?"

Zhang Chaoyang thought for a few seconds, and said, "Seek common ground while reserving differences, seek common ground while reserving differences, since Mr. Fang said so, then Xiao Chuan, you should think about it more. Mr. Fang also hopes that Sogou will do well."

Wang Xiaochuan responded sullenly, hesitated for a while, and got up to say goodbye to the two.

He felt that he really needed to think about it.

"Xiaochuan, 10% may be a big improvement, but Google is about to withdraw from the Chinese market, so Sogou should take a longer-term view anyway." Fang Zhuo said when Wang Xiaochuan was about to walk out of the office, "I don't know about Baidu. , but Google is well-prepared for the mobile era.”

Wang Xiaochuan paused in his footsteps, and walked out of the president's office with a "huh".

"Mr. Fang, this is our youngest group vice president." Zhang Chaoyang said this after Wang Xiaochuan left.

"Is my tone very heavy?" Fang Zhuo heard the meaning.

"It's really not easy to meet for the first time." Zhang Chaoyang picked up the teacup, "It would be even better if we chat during the meal."

Fang Zhuo frowned and said, "I'm not someone who sits and watches others make mistakes."

Zhang Chaoyang reiterated his attitude after a while: "Mr. Fang, Sogou will be an independent company."

Fang Zhuo agreed, "No problem, as long as you don't make mistakes."

Zhang Chaoyang stared at Mr. Fang, and said, "What do you mean, do you want to cooperate?"

"If you insist on making mistakes, what's the value of cooperation?" Fang Zhuo asked, "Mr. Zhang, the future of the Internet is mobile, do you agree?"

Zhang Chaoyang thought about the answer.

"Okay, go back and think about it. If you don't understand, let's stop talking about cooperation." Fang Zhuo did exactly the same, waving away.

Zhang Chaoyang: "..."

Fang Zhuo wondered: "What? You are so old, do I speak too harshly?"

Zhang Chaoyang felt that he was not heavy just now, but now he is heavier.

But his logic suddenly became clear. The future of the Internet is mobile, three-stage rockets are magic, and betting on mobile is the way.

If there is a way but no skills, the skills can still be sought, but if there is a skill but no way, it stops at the skills.

Discuss the Tao first, then the technique.