wild 1995
Chapter 27 Unreliable
Chapter 27 Unreliable
Xu Chaobo's service attitude is very good. He received a call from Di Ye at 10:30, and arrived at the lobby lounge of Shangri-La at 10:48. After the meeting, he greeted warmly: "Mr. Di, hello, I am Xu Chaobo."
"Hello Manager Xu, please sit down. Would you like something to drink?"
"Cafe."
Xu Chaobo has a very standard Chinese character face, wearing a classic combination of black suit + white shirt + gold glasses, giving people a sense of stability and professionalism.
However, Di Ye is very clear that this person is neither stable nor professional, because he is his own uncle before time travel.
Xu Chaobo used to work as an accountant in a construction company in Yuncheng. When the stock market skyrocketed in the first half of 1992, he made a lot of money by luck, so he got hotheaded, quit his job, and came to Pengcheng to speculate in stocks full-time. As a result, the stock market plummeted in the second half of the year, and he lost even his underwear.
Fortunately, this guy is smooth and eloquent. In the process of stock trading, he met the general manager of a subsidiary of Guangdong International Investment Corporation, and then transformed himself into a financial broker, specializing in helping domestic customers with overseas speculative transactions.
The full name of Guangdong International Trust and Investment Corporation is Guangdong International Trust and Investment Corporation. It has the qualification of a local "window company" designated by the state, and can borrow and issue bonds abroad. In the 90s, it was very prosperous and developed very rapidly. From 1983 to 1993, it expanded its assets from a billion to tens of billions in just 10 years. Its business covers finance, securities, communications, medical care, transportation, and real estate. It is known as a financial aircraft carrier.
However, the good times did not last long. After 1995, the state adjusted its policy and canceled the special preferential treatment for "window companies". In 1997, it encountered the Asian financial crisis. Guangdong International Investment Co., Ltd. declined rapidly. It was shut down in 1998 and declared bankrupt in 1999. The remaining problems were not resolved until 2017.
In addition to external factors, internal factors are also key to the bankruptcy of Guangdong International Investment Corporation. The management not only used power for personal gain, but also was corrupt. They didn’t even know how many subsidiaries it had. The annual report stated that there were 36 subsidiaries, but in fact there were 240. Most of them were moths who deceived others. The company Xu Chaobo is currently working for is one of them.
"Mr. Di wants to short the Nikkei, right?"
"Yes. I haven't got my passport yet, so I can't go to Hong Kong to open an account, so I want to ask Manager Xu for help."
"No problem, Guangdong International Investment has an investment company in Hong Kong that is engaged in this business, and can provide an account for Mr. Di to operate."
"Tell me the specific operation process."
"Is such that……"
Xu Chaobo took out a few printed leaflets from his briefcase, and explained to Di Ye how to operate eloquently. After listening for a while, Di Ye understood that they used the funds and accounts of a Hong Kong subsidiary of Guangdong International Investment Corporation to operate remotely for customers, earning high commissions from it.
"I deposited the money into your company's account in Pengcheng, and your colleague followed my instructions and used the funds of Guangdong International Investment Investment Co., Ltd. to make transactions in Hong Kong. If you make a profit, you will return the money to me with interest. If you lose money, you will take my money to make up for the shortfall in Hong Kong. Is that right?"
"Roughly so."
"If I make money, how long will it take to withdraw the capital and income?"
"If the income is less than 50 yuan, you can withdraw it on the spot after the transaction is over. If it is more than 50 yuan, you need to wait for 24 hours."
Hearing this, Di Ye called the waiter over, refilled a cup of coffee for Xu Chaobo, and then inquired about commissions and leverage, observing while inquiring, relying on his many years of experience with his uncle, he quickly found that he was very anxious and eager to win the business.
"Manager Xu, does your company provide financing business? I only have 30 at hand now, and I want to borrow another 20 to round up."
"How long does Mr. Di want to borrow?"
"Only borrow for one day, next Monday, if you can borrow it for me, I will give you 1% interest."
Xu Chaobo was very surprised, and subconsciously asked: "Only for one day?"
Di Ye nodded and said emphatically, "I will only lend you for one day, and I will give you 1 interest."
When Xu Chaobo heard the interest of 2 yuan, his eyes obviously became dull. He took a big sip of coffee and asked, "Our company can provide financing business, but I don't know if Mr. Di has any collateral?"
Di Ye spread his hands and said with a smile, "Do I count myself as collateral? I will stay in your company as a hostage all day next Monday."
Xu Chaobo has been hanging around in Pengcheng for many years. He has heard, seen, and even experienced many scams. Although he is greedy for the interest of 2 yuan, he still maintains his guard and evades, saying: "Mr.
"Then how about I get someone to guarantee it?"
"who?"
"The son of Ma Chengshu's family, deputy general manager of Yantian Port Group, is he qualified enough?"
Yantian Port is one of the main container ports in Pengcheng. The deputy general manager of the group is a department-level cadre. Xu Chaobo was overjoyed when he heard this, and nodded quickly: "With such a person to help guarantee, let alone 20, even 40 is fine."
"I don't need 40, just 20."
Di Ye raised his hand and looked at the electronic watch, and found that it was already 11 o'clock. In order to delay the time, he chatted with Xu Chaobo and said, "I heard Manager Xu's accent, it seems to be from Yuncheng?"
"Yes, Mr Murphy too?"
"What a coincidence, I'm also from Yuncheng, which neighborhood is Manager Xu's home in?"
After the two of them climbed for more than ten minutes to make friends with fellow villagers, Di Ye saw Ma Huaquan coming with two friends of similar age, so he got up and said, "Manager Xu, Mr. Ma is here, let me introduce you."
When introducing each other, Di Ye only said that Xu Chaobo was a fellow villager, and did not mention his occupation. Xu Chaobo was confused by Ma Huaquan's family background, and was a little flattered.
The two friends brought by Ma Huaquan, one is Zhang Zhidong, who is studying for a master's degree in computer science at South China University of Technology, and the other is Xu Chenye, who is studying for a master's degree in computer science at Jinling University. They are both top domestic technical talents in the 90s.
At noon, Di Ye summoned Xiao Honghua as a consultant in order to strengthen his image of a genius, and put labels on his forehead such as "quick thinking", "extensive knowledge", "unconventional", and so on, which soon aroused the admiration of the two graduate students.
Xu Chenye was very happy when he heard that Di Ye had applied for the postgraduate entrance examination of Jinling University. He introduced all the well-known professors in the School of Computer Science, including two, one of which was Xu Jiafu and the other was Lu Jian.
"Mr. Xu presided over the construction of the State Key Laboratory of New Technology in Computer Software. Although he is old now, he has extraordinary knowledge and is especially good at guiding students' development. Professor Lu Jian is his direct disciple. He has won the first prize of the State Education Commission's Science and Technology Progress Award twice, and he will definitely become an academician in the future."
Di Ye had heard about the names of these two professors before traveling. One was a pioneer and leader in the domestic computer industry, and the other was a future academician and president of Jinling University. However, he hadn't decided where to study for graduate school at this time, so he could only say vaguely: "I will try my best."
Zhang Zhidong is not tall, with a simple and honest appearance, nicknamed "Winter Melon", but his computer skills are the best. He is full of praise for the articles written by Di Ye, especially one of the articles called "C/C++ Concise Programming Specification". He believes that if all programmers follow this specification, software development will be much easier.
Since it was not realistic to engage in open source hardware in 1995, Di Ye focused on open source software, and produced a total of 4 articles, the contents of which were theoretical definitions, development implementations, commercial benefits, and application scenarios.
The article Zhang Zhidong mentioned was concocted by Di Ye asked Xiaohonghua based on the actual situation in 1995, based on the "Google C++ Style Guide" and "Huawei C&C++ Language Security Programming Specification".
In 1995, China’s software industry had just started. Programmers were mainly working alone, and there was little teamwork. There was no code specification for reference. Therefore, Di Ye’s article was very groundbreaking and instructive.
Since they share similar interests and talk a lot, they broke up after having lunch for more than two hours. After sending Ma Huazhuan and others away, Di Ye called Xu Chaobo again and said nonsense, "Manager Xu, Mr. Ma said that there is no need for any guarantee. He will take me to his father tomorrow to borrow 20 yuan, so don't bother you."
Xu Chaobo was afraid that his 2 yuan interest would be lost, so he quickly persuaded him: "Mr. Di, you only need to pay back the money when you get financing from us. If you borrow money from Mr. Ma's family, you not only need to pay back the money, but also pay back the debt of favor, which is not easy to pay back."
"Financing with you, I want to find him as a guarantee, it's not the same as a debt of favor."
Xu Chaobo hesitated for a few seconds, and then said: "If Mr. Di really only borrows for one day, it is not impossible to not have a guarantor."
"Are you sure? If that's the case, I'll ask you for financing. The interest will be calculated according to what I said in the morning, 1 a day."
"Sure! If our boss disagrees, I will be your guarantor."
Hearing what he said, Di Ye couldn't help but shook his head, lamenting that his uncle was unreliable, but said: "Manager Xu is generous enough, I'm committed to you as a friend, let's find a place to chat in the evening, and make arrangements for shorting the Nikkei on Monday."
"Ok."
(End of this chapter)
Xu Chaobo's service attitude is very good. He received a call from Di Ye at 10:30, and arrived at the lobby lounge of Shangri-La at 10:48. After the meeting, he greeted warmly: "Mr. Di, hello, I am Xu Chaobo."
"Hello Manager Xu, please sit down. Would you like something to drink?"
"Cafe."
Xu Chaobo has a very standard Chinese character face, wearing a classic combination of black suit + white shirt + gold glasses, giving people a sense of stability and professionalism.
However, Di Ye is very clear that this person is neither stable nor professional, because he is his own uncle before time travel.
Xu Chaobo used to work as an accountant in a construction company in Yuncheng. When the stock market skyrocketed in the first half of 1992, he made a lot of money by luck, so he got hotheaded, quit his job, and came to Pengcheng to speculate in stocks full-time. As a result, the stock market plummeted in the second half of the year, and he lost even his underwear.
Fortunately, this guy is smooth and eloquent. In the process of stock trading, he met the general manager of a subsidiary of Guangdong International Investment Corporation, and then transformed himself into a financial broker, specializing in helping domestic customers with overseas speculative transactions.
The full name of Guangdong International Trust and Investment Corporation is Guangdong International Trust and Investment Corporation. It has the qualification of a local "window company" designated by the state, and can borrow and issue bonds abroad. In the 90s, it was very prosperous and developed very rapidly. From 1983 to 1993, it expanded its assets from a billion to tens of billions in just 10 years. Its business covers finance, securities, communications, medical care, transportation, and real estate. It is known as a financial aircraft carrier.
However, the good times did not last long. After 1995, the state adjusted its policy and canceled the special preferential treatment for "window companies". In 1997, it encountered the Asian financial crisis. Guangdong International Investment Co., Ltd. declined rapidly. It was shut down in 1998 and declared bankrupt in 1999. The remaining problems were not resolved until 2017.
In addition to external factors, internal factors are also key to the bankruptcy of Guangdong International Investment Corporation. The management not only used power for personal gain, but also was corrupt. They didn’t even know how many subsidiaries it had. The annual report stated that there were 36 subsidiaries, but in fact there were 240. Most of them were moths who deceived others. The company Xu Chaobo is currently working for is one of them.
"Mr. Di wants to short the Nikkei, right?"
"Yes. I haven't got my passport yet, so I can't go to Hong Kong to open an account, so I want to ask Manager Xu for help."
"No problem, Guangdong International Investment has an investment company in Hong Kong that is engaged in this business, and can provide an account for Mr. Di to operate."
"Tell me the specific operation process."
"Is such that……"
Xu Chaobo took out a few printed leaflets from his briefcase, and explained to Di Ye how to operate eloquently. After listening for a while, Di Ye understood that they used the funds and accounts of a Hong Kong subsidiary of Guangdong International Investment Corporation to operate remotely for customers, earning high commissions from it.
"I deposited the money into your company's account in Pengcheng, and your colleague followed my instructions and used the funds of Guangdong International Investment Investment Co., Ltd. to make transactions in Hong Kong. If you make a profit, you will return the money to me with interest. If you lose money, you will take my money to make up for the shortfall in Hong Kong. Is that right?"
"Roughly so."
"If I make money, how long will it take to withdraw the capital and income?"
"If the income is less than 50 yuan, you can withdraw it on the spot after the transaction is over. If it is more than 50 yuan, you need to wait for 24 hours."
Hearing this, Di Ye called the waiter over, refilled a cup of coffee for Xu Chaobo, and then inquired about commissions and leverage, observing while inquiring, relying on his many years of experience with his uncle, he quickly found that he was very anxious and eager to win the business.
"Manager Xu, does your company provide financing business? I only have 30 at hand now, and I want to borrow another 20 to round up."
"How long does Mr. Di want to borrow?"
"Only borrow for one day, next Monday, if you can borrow it for me, I will give you 1% interest."
Xu Chaobo was very surprised, and subconsciously asked: "Only for one day?"
Di Ye nodded and said emphatically, "I will only lend you for one day, and I will give you 1 interest."
When Xu Chaobo heard the interest of 2 yuan, his eyes obviously became dull. He took a big sip of coffee and asked, "Our company can provide financing business, but I don't know if Mr. Di has any collateral?"
Di Ye spread his hands and said with a smile, "Do I count myself as collateral? I will stay in your company as a hostage all day next Monday."
Xu Chaobo has been hanging around in Pengcheng for many years. He has heard, seen, and even experienced many scams. Although he is greedy for the interest of 2 yuan, he still maintains his guard and evades, saying: "Mr.
"Then how about I get someone to guarantee it?"
"who?"
"The son of Ma Chengshu's family, deputy general manager of Yantian Port Group, is he qualified enough?"
Yantian Port is one of the main container ports in Pengcheng. The deputy general manager of the group is a department-level cadre. Xu Chaobo was overjoyed when he heard this, and nodded quickly: "With such a person to help guarantee, let alone 20, even 40 is fine."
"I don't need 40, just 20."
Di Ye raised his hand and looked at the electronic watch, and found that it was already 11 o'clock. In order to delay the time, he chatted with Xu Chaobo and said, "I heard Manager Xu's accent, it seems to be from Yuncheng?"
"Yes, Mr Murphy too?"
"What a coincidence, I'm also from Yuncheng, which neighborhood is Manager Xu's home in?"
After the two of them climbed for more than ten minutes to make friends with fellow villagers, Di Ye saw Ma Huaquan coming with two friends of similar age, so he got up and said, "Manager Xu, Mr. Ma is here, let me introduce you."
When introducing each other, Di Ye only said that Xu Chaobo was a fellow villager, and did not mention his occupation. Xu Chaobo was confused by Ma Huaquan's family background, and was a little flattered.
The two friends brought by Ma Huaquan, one is Zhang Zhidong, who is studying for a master's degree in computer science at South China University of Technology, and the other is Xu Chenye, who is studying for a master's degree in computer science at Jinling University. They are both top domestic technical talents in the 90s.
At noon, Di Ye summoned Xiao Honghua as a consultant in order to strengthen his image of a genius, and put labels on his forehead such as "quick thinking", "extensive knowledge", "unconventional", and so on, which soon aroused the admiration of the two graduate students.
Xu Chenye was very happy when he heard that Di Ye had applied for the postgraduate entrance examination of Jinling University. He introduced all the well-known professors in the School of Computer Science, including two, one of which was Xu Jiafu and the other was Lu Jian.
"Mr. Xu presided over the construction of the State Key Laboratory of New Technology in Computer Software. Although he is old now, he has extraordinary knowledge and is especially good at guiding students' development. Professor Lu Jian is his direct disciple. He has won the first prize of the State Education Commission's Science and Technology Progress Award twice, and he will definitely become an academician in the future."
Di Ye had heard about the names of these two professors before traveling. One was a pioneer and leader in the domestic computer industry, and the other was a future academician and president of Jinling University. However, he hadn't decided where to study for graduate school at this time, so he could only say vaguely: "I will try my best."
Zhang Zhidong is not tall, with a simple and honest appearance, nicknamed "Winter Melon", but his computer skills are the best. He is full of praise for the articles written by Di Ye, especially one of the articles called "C/C++ Concise Programming Specification". He believes that if all programmers follow this specification, software development will be much easier.
Since it was not realistic to engage in open source hardware in 1995, Di Ye focused on open source software, and produced a total of 4 articles, the contents of which were theoretical definitions, development implementations, commercial benefits, and application scenarios.
The article Zhang Zhidong mentioned was concocted by Di Ye asked Xiaohonghua based on the actual situation in 1995, based on the "Google C++ Style Guide" and "Huawei C&C++ Language Security Programming Specification".
In 1995, China’s software industry had just started. Programmers were mainly working alone, and there was little teamwork. There was no code specification for reference. Therefore, Di Ye’s article was very groundbreaking and instructive.
Since they share similar interests and talk a lot, they broke up after having lunch for more than two hours. After sending Ma Huazhuan and others away, Di Ye called Xu Chaobo again and said nonsense, "Manager Xu, Mr. Ma said that there is no need for any guarantee. He will take me to his father tomorrow to borrow 20 yuan, so don't bother you."
Xu Chaobo was afraid that his 2 yuan interest would be lost, so he quickly persuaded him: "Mr. Di, you only need to pay back the money when you get financing from us. If you borrow money from Mr. Ma's family, you not only need to pay back the money, but also pay back the debt of favor, which is not easy to pay back."
"Financing with you, I want to find him as a guarantee, it's not the same as a debt of favor."
Xu Chaobo hesitated for a few seconds, and then said: "If Mr. Di really only borrows for one day, it is not impossible to not have a guarantor."
"Are you sure? If that's the case, I'll ask you for financing. The interest will be calculated according to what I said in the morning, 1 a day."
"Sure! If our boss disagrees, I will be your guarantor."
Hearing what he said, Di Ye couldn't help but shook his head, lamenting that his uncle was unreliable, but said: "Manager Xu is generous enough, I'm committed to you as a friend, let's find a place to chat in the evening, and make arrangements for shorting the Nikkei on Monday."
"Ok."
(End of this chapter)
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