Winning the new financial era

Chapter 480

After the meeting, Wang Jingbo found Zhang Yida alone and expressed his desire to chat with him.

Without thinking too much, Zhang Yida readily agreed.

In the chairman's office of Yimindai, Zhang Yida chatted with Wang Jingbo while drinking tea.

"Mr. Zhang, what do you think of the future development of Internet finance?"

Hearing this, Zhang Yida smelled something different.

"Regulations are tightening, and a large number of non-compliant institutions will be eliminated."

Zhang Yida's answer was impeccable, but Wang Jingbo didn't want to listen to these scenes.

She sighed, "Yeah, I don't think the market is right right now.

Negative aspects of Internet finance are everywhere, and there are few reports on Internet financial innovation. "

Wang Jingbo said while watching Zhang Yida's expression, hoping to obtain some useful information.

But Zhang Yida would not let her get what she wanted, his expression was calm, and he couldn't see anything wrong.

Wang Jingbo secretly hated it, but she couldn't ask Zhang Yida if Yimin Loan and Yimin Wangjin could persevere, and even bring the market value to a new height.

When asked this kind of question, Zhang Yida, as the major shareholder and chairman of the board, can guess what his answer will be.

"After a few years, Mr. Zhang doesn't seem to have cashed out much?"

What Wang Jingbo really wanted to ask was this. She really wanted to know why Zhang Yida didn't cash out this year, did he think that the market value was low and there was a chance for a rebound, or was there some other reason?
This problem made Zhang Yida very embarrassed. He couldn't say that he had almost cashed out. If he continued to cheat, he might have to sue every day.

Zhang Yida said with a smile: "Last year, I saw that the stock price was relatively high and the market was relatively good, so I cashed out part of it appropriately.

This year, you have also seen the current market situation. If one set is cashed out, the stock price will definitely avalanche. "

Zhang Yida's explanation was similar to Wang Jingbo's guess.

She is now full of regrets, regretting that she was too greedy last year and didn't cash out in time to leave.

Even if only a small part of the stock is cashed out, it will not be so passive this year.

Gopher Assets invested in Yimin Wangjin and Yimindai is a five-year closed-term private equity investment fund.

Although the current loss is large, as long as the stock price can rise later, the client can account for it.

I'm afraid that not only will it fail to rise, but it will fall more and more, and that will be miserable.

If the nearly [-] million U.S. dollars of funds suffer a large loss, it will undoubtedly be a blow to their own brand. Who would dare to find Gopher Assets for asset management in the future.

"How is Yimindai going overseas?"

Seeing that no useful information could be obtained from Zhang Yida, Wang Jingbo began to inquire about business again.

"We are applying for a financial license with OJK in Indonesia, and India is applying for an LC loan company license with the country's central bank. Vietnam, the Philippines, Malaysia and Thailand are also applying for relevant financial licenses.

Next, Africa, Eastern Europe and Latin America will also slowly enter. "

Yimindai’s going overseas is much slower than Yimin.com, which is determined by its establishment time and volume.

However, Yimin Wangjin is exploring the way ahead, and there are many successful experiences that can be absorbed and learned by Yimindai.

Wang Jingbo nodded, going to sea is no longer an unfamiliar word.

In recent years, the most successful Internet company going overseas is Musical.ly under Zhonghe Group.

Hearing Zhang Yida talk about the various layouts of Yimindai's going overseas, Wang Jingbo's intention to cut the meat and clear the warehouse slowly changed again.

She felt that it was necessary to wait.

Now that the position is cleared, the loss of more than 1 million US dollars is a foregone conclusion.Wait, maybe there will be a turning point.

Zhang Yida almost guessed Wang Jingbo's careful thinking.

But he has no reason or reason to drive him out. After all, who can say clearly what will happen in the future?
What if Yimindai's global lending plan is successful?

Of course, the increasingly fierce competition in the domestic market and stricter regulation have basically become a foregone conclusion.

In the long run, the stock price may have to continue to fall.

……

275th Floor, 34 Madison Avenue, New York, NY.

Inside Rosen Law Firm.

A middle-aged white man with a bald head is sitting in a large and comfortable boss chair, tasting freshly ground coffee.

Suddenly received a call from his former superior, Judge Stanley Brotman of the District Court of New Jersey. Lawrence Rosen had served as his clerk, and the two had some friendship.

After picking up the phone, Rosen exchanged greetings with his old superior: "Hi, Brotman~"

"Rosen, has your law firm recently accepted a case involving a class action against a Chinese listed company called Yimindai?"

When mentioning this matter, Rosen laughed very proudly, "How do you know? This is a good deal. China concept stock companies are most afraid of lawsuits, and most of them will choose to make money with peace.

Even if there is a settlement, millions of dollars can be easily obtained, which is much easier than taking other cases. "

Brotman felt that his old friend was gone forever on the road of "litigation stick".

He wouldn't bother talking to Rosen if it wasn't for delivering a message for a big man.

"Do you know that your death is imminent?"

Rosen was stunned, and asked, "Isn't it just a Chinese concept stock company? I have filed several lawsuits like this."

"Have you investigated Yimindai? Their chairman is Zhang Yida, the richest man in China."

Rosen smiled and said, "What happened to the richest man in China? This is the United States. Since it is listed in the United States, it must abide by the laws of the United States."

Brotman added: "Then do you know who is standing behind Yimindai? Bank of America Merrill Lynch, Goldman Sachs and Morgan Stanley."

"I must know. When I took this case, I conducted related investigations."

Brotman felt that the former colleague was hopeless, a typical example of asking for money rather than life.

Although he has his own small law firm in New York and is an executive partner, he has some status in New York, but with this, he dares to ignore the four major investment banks.

"Rosen, give up this case, you can't afford to provoke those people."

Rosen smiled and said, "Brotman, let me tell you this, since Rosen Law Firm chose to specialize in securities class action, sooner or later it will have conflicts with Wall Street guys.

People who come to persuade me, you are not the first, nor will you be the last.

Last year, Rosen Law Firm was ranked No. 1 in the number of securities class action settlements by ISS Securities Class Action Services.

Since 2013, we have been in the top three every year in this ranking.

Old friend, thank you for your kind reminder, I am not as weak as you imagined.

Well, that's it!Let's play golf with you some other day. "

Listening to the busy tone on the phone, Brotman was a little bit hesitant. What he thought was easy to do, turned out to be messed up.

After hanging up the phone, Rosen smiled contemptuously. All lobbyists who don't give money are hooligans.

As long as the money is in place, he can take the case against the four major investment banks.

(End of this chapter)