1993 Glamour at a Glance

Chapter 259 Song Jesus
At the beginning of February [-], Chinese people welcomed the Lunar New Year, and many people couldn't hide their excitement in the streets and alleys of the capital of Thailand.

Next month, the ASEM summit will be held in Thailand.

At this moment, the Thai stock market has been rising since last July.At this point in time, it is time to prepare to regain lost ground.

Just last year, the country's per capita income exceeded $2500, making it a middle-income country.

This country has been developing rapidly since 12 years ago.The stock market has gone up and down, but thinking about the meeting to be held next month, market expectations are naturally going up.

"The next step is developed countries! What is the most valuable thing now? It's not a bank deposit, idiot!"

Looking at the stocks that have been rising for several months, some people waver under the persuasion of "capable people".

In their eagerness to try, there is no consideration that this may be the highest point in the next 20 years.

But what they don't know is that in another market, Thailand is now in a state of tension.

"The lowest point in ten years, sir!"

Beginning more than 12 years ago, the Thai baht has been pegged to the US dollar.In the subsequent depreciation cycle of the US dollar, the Thai baht depreciated accordingly, and the competitiveness of exports increased significantly.

However, since last year, the U.S. dollar has entered an interest rate hike cycle, but the Thai baht has been unable to hold the anchored exchange rate.

Because if you want to make money by exporting, currency depreciation is beneficial.But the US dollar is anchored, people are appreciating, can you follow?

If you follow, you can't make money by exporting.If you don't follow, all kinds of financial expectations will fall through.

They are not stupid, of course they have to see the safe money in their pockets.

Devaluation!
The Thai baht is now at its lowest level in a decade.

Anchoring a hair, riveting can't be done.

But the problem is that the baht is worthless, and the sell-off has come.

Much more violent than expected.

"Don't worry, $20 billion is enough, right?"

If someone sells it, it's nothing more than paying for it.As long as the transaction is successful, the exchange rate level can be stabilized.

But looking at the finance minister who pretended to be relaxed, everyone was worried.

At this moment, foreign debt has reached nearly 50 billion U.S. dollars, accounting for 60% of the country's GDP.Among them, short-term foreign debts accounted for more than [-]%.

Although statistics have not yet been released, last year's GDP growth rate dropped by nearly 3% in one breath.

According to statistics in the middle of last year, the non-performing asset ratio has exceeded 35%.

Deficit, depreciation, the stock market began to decline, and the foreign exchange market encountered short selling.

Is $20 billion really enough?

……

"Mr. Song, Happy New Year."

Shi Youming called Song Yang, and after a few pleasantries, he turned to the main topic: "The year is not going well. In Thailand, there are already signs."

"Do you believe it now?"

What could Shi Youming say: "This batch of temptations probably only accounted for less than one-tenth of the total funds. However, they released 20 billion US dollars of foreign exchange reserves in one go."

"Are we still moving?"

"...Of course, it's summer." Shi Youming sighed with emotion, "Mr. Song, if you follow your analysis, Xiangdao can also buy a wave of price rises first, and then cash out to make a transition. It's too late."

"No need." Song Yang said flatly, "Why should we earn the hard-earned money of ordinary people."

"...but someone will do it."

"That's their business. What's more, the layout needs a time lag, so there must be a loss." Song Yang smiled softly on the phone, "It seems that the good show has already begun."

"Yeah, it's about to begin."

Shi Youming also celebrated the Spring Festival.

However, after more than a year of planning for assets at the level of US$20 billion, now that the market has finally undergone the expected change, how can he relax.

Listening to Song Yang's call, Zhou Huiya asked curiously: "Do you have other business?"

If Song Yang was a very wary person, she shouldn't have asked this question.

But at this moment she still asked naturally, and Song Yang replied naturally: "This should be the most secretive and most important battlefield."

Zhou Huiya didn't ask any more questions.

battlefield.

This word is unusual.

After thinking for a while, Song Yang made a phone call: "Brother Duan, let's hold a board meeting after the Chinese New Year. Didn't Lianxiang propose to expand production capacity? Let's make a gesture and investigate more."

"In such a hurry?"

"It's just for investigation, and we can discuss what kind of decision to make." Song Yang thought for a while and said, "For DVD players in the domestic market, you can consider launching it a little later, and first go to the European, American and Japanese markets to ask for directions and see the situation. "

There was silence on the other end of the phone, and then he said: "You have to convince me."

"Then let's meet as soon as possible."

The holiday mentality, the atmosphere of the Spring Festival, some people are relaxing and enjoying, while some people are busy preparing.

By the sixth and eighth day of the first lunar month, many people started to work, and the DVD players expected by some people did not go on sale.

It seems that what they boasted last year was just awesome, but what they sell this year is still VCD players.

"Your DVD doesn't have a prototype yet! Don't buy a license, the machine won't be on the market until next year." Li Ru asked Zhu Shaohong suspiciously, "I'll tell you, I still have to give you face. DVD+RW format, I authorize You still sell Sanyou Electronics. You can’t achieve the effect of a year’s work.”

Zhu Shaohong smiled easily: "It's real money, what is Mr. Li worried about? It's the signing ceremony. Mr. Li has to give me a letter of approval. Can you attend?"

Li Ru looked a little melancholy, and muttered: "It's broken!"

Wan Yan brought one of the shareholders of Sanyou Electronics to her signing ceremony, and the information that may be released is too rich.

"Cooperation and holding shares are important investment matters for Wanyan." Zhu Shaohong thought he couldn't bear it, "Mr. Li, out of emotion and reason, you have to attend the signing ceremony."

Li Ru gritted his teeth: "...All right. But, the agreed money has to come first!"

"As soon as the registration is completed, all will arrive immediately!" Zhu Shaohong replied immediately.

Li Ru reluctantly nodded his head, his heart blossoming with joy.

Chunya invested in "unconditionally" withdrew, while Wan Yan invested and controlled Sanyou Culture at a price "worthy of his status", and Li Ru made a fortune.

Of course...it still has to be like what that kid Song Yang said, the company can come back in the end, and Wan Yan can change owners.

Li Ru didn't understand that complicated game very thoroughly.

But at least from the immediate point of view, the price offered by Wan Yan is very "sincere".

Whether it's because of the consideration of "incorporating" Li Ru, or because holding Sanyou Culture is beneficial for them to tell stories and raise the stock price.

In fact, Zhu Shaohong and Gu Song have already noticed the news that Sanyou Electronics has started to investigate the site selection to open a new factory after the Chinese New Year.

At the event at the end of last year, Phantom VCD really sold a lot.

Fortunately, after the Chinese New Year, the DVD player was not actually sold.

Is it a crafting problem, or something else?
Wan Yan didn't know it, but it didn't prevent them from continuing their rhythm.

Of course, there is another concern: Is the DVD prototype produced by Sanyou Electronics a fake or a real product?
……

Song Yang also came to Dai's house to pay New Year's greetings.

Dai Xing is not here, but Dai Han is.

Of course it also includes Dai Can.

"...You mean, the first batch of machines were only for export?"

"Try the water." Song Yang nodded, "Sony and Philips, which we cooperated with, just gave us the opportunity to be the first to release. In early January, there were trade fairs in China, and the Consumer Electronics Show abroad. , the feedback is good. However, in the face of Sony and Philips brands, how well we can sell abroad depends on local channels.”

This year's CES was held in early January.

The first year was a DVD disc, and this year a DVD prototype appeared.

Media reports have attracted a lot of attention, but it is not easy to gain recognition in the market.

What brand is MEING?Never heard of it.

But SONY and PHILIPS are familiar to everyone.

"...The companies I work with are all trading companies." Dai Han felt a little embarrassed, "They are not the channel to sell these products."

Song Yang shook his head: "It doesn't matter. Those who bought our VCDs in the Southeast Asian market before can sell DVDs logically. But in the markets of developed countries, please tell me the contact information of the other party, and I will arrange someone to talk to them."

After finishing speaking, he looked at Yao Peihua: "Is it challenging to establish the Phantom DVD brand in Europe and America?"

Yao Peihua seemed to have found a unique pleasure, and raised his eyebrows with a smile: "That requires you to work harder, I don't know foreign countries."

"Leave it to me." Song Yang blinked at her, and then said to Dai Han seriously, "Don't worry, I will give the other party an absolutely heart-warming plan. This is an idea to make them rich, and no one will refuse."

"...you tell me first?"

Song Yang nodded: "It starts with my Xinke Trading..."

Nothing new to say.

Huaguo currently has the most balanced production capacity between quality and cost. For consumer electronics products, Huaguo has the same momentum.

Although many of them are OEM foreign brands.

And now it is 1997, in the United States, when the first bubble of the Internet was just blown.

How much room for imagination will there be with Internet technology and traditional industries?
People at this moment are delusional.

But Song Yang can use this kind of random thinking to "help" some people create concepts.

A website, plus a concept like Electric City, plus an accompanying delivery service and "content" service, is enough to package a project.

Then there is the expansion with the help of capital.

Regardless of whether the future will be a mess, but in the next two or three years from now, there will be good days.

Song Yang only needs one thing: take advantage of this opportunity to let Phantom DVD improve its competitiveness as much as possible.

So neither Dai Han nor Yao Peihua could understand the content of the next chat.

Dai Han felt that it was a fantasy: "How is it possible? With such a concept, the partners in the United States can develop to the level of going public in just two or three years?"

"If you don't believe me, take a closer look." Song Yang was extremely calm, "Brother Han, it's not a loss for you anyway. You just need to tell me a good partner, and leave the rest to me."

"What about the advertisements in the United States?"

Song Yang looked at Yao Peihua who had an inexplicable look in his eyes, and just smiled and said, "We don't care about their local promotion, but just complete the planning and production of advertising materials. MEING, a brand name for foreign markets, needs to establish personality, pioneering, The concept of self. Well, to put it simply, I can 'write' songs. This time, I will let the European and American music circles remember a name, Song Jesus from Huaguo."

Dai Can was not an idiot, he was stunned: "J...Jesus?"

Song Yang winked: "How about this name?"

"...too crazy?"

"You don't understand, gringo lovers."

(End of this chapter)