Age of Dreams

Li Chaoren has encountered many financial crises in his life, and he suffered heavy losses at the beginning, and gradually suffered a lot. He also has experience.

What he admired most is to maintain a large amount of cash flow in a crisis. Once there is a problem in any aspect, it can be actively rescued. Otherwise, if one link collapses, it will easily cause a domino effect and cause the collapse of the entire company.

Isn't this true of many companies?

It's not surprising that large companies with tens of billions of dollars also fell to the ground due to poor working capital.

Xiao Qi has never experienced a financial crisis before. Of course, he is not qualified to say that he has encountered a financial crisis in his previous life.

However, this does not prevent him from actively preparing in advance for how to survive the financial winter that broke out in 2007 and lasted at least five years.

The 5 billion paired bets of the five major investment banks and banks are only a small part of the supplement.

But looking at the five major investment banks and the signatories of the bank, when they signed the agreement with a green expression, the expression of the vice president of Bear Stearns almost cried, still made Xiao Qi see with great emotion.

On the one hand, these people deserve it. If you don't want to make my money, then you will naturally not lose. Now that you have entered the gambling game, you should be willing to give in.

On the other hand, Xiao Qi is always alert to himself, and never invest in areas that he is not familiar with in the future, otherwise it is very likely that they will end up at this time.

It cannot be said that Bear Stearns’ downfall and Xiao Qi had a direct cause, but at the end of the six months-long gambling on December 31st, it still aroused everyone’s stupid impression of Bear Stearns, so that they withdrew in advance. The number of people increased dramatically, and within a few days they collapsed like this.

In fact, the cash flow in Xiao Qi's hands is still a lot.

For a whole year of sales, Xiao Qi sold 94.465 million Dreampads and got sales revenue of about 80 billion U.S. dollars.

Excluding some necessary payment, shareholder dividends, tax payment, tax avoidance measures, etc., plus the 5 billion US dollars lent to the Qiao gang leader, Xiao Qi's remaining amount is 33 billion US dollars. This does not include the $1 billion in patent income that Xiao Qi received from Dreampad in various names.

The app store is just like what Wall Street commented. Although there are about 8.5 billion US dollars a month, Xiao Qi's income is not much, basically negligible.

The reason is in 8.5 billion U.S. dollars. Only 30 belongs to re. The maintenance of the website and online store, as well as the cloud storage and cloud computing base established in the United States, when the foundation was first laid, it was simply money spent, and it would be swallowed 15 every month. -20 billion US dollars, and will continue to invest on a large scale every month in the future.

But whether it was Xiao Qi, Qiao's gang leader and Li Jianxi, they all agreed to invest the money, and were ready to add more funds to it at any time.

Because this is another form of technical barriers. Once the application store has created the cloud computing and cloud storage with the most detailed intelligent functions, the degree of intelligence is definitely not comparable to that of the Android store.

The Android store can spend money to dig the developers of the application store, but they cannot dig the technical reserves of cloud computing and cloud storage. They want to reach the same scale, or even beat the application store. Then more money, manpower and material resources must be invested. Even if this is the proud person who claims to be "a lot of cash and no place to spend", I am afraid that in the future, he will feel very distressed.

Therefore, Xiao Qi's current US dollars, roughly equivalent to 39 billion US dollars obtained by gambling, converted into RMB 288.6 billion.

This money Xiao Qi will not be exchanged domestically, and will be acquired in the United States in the future. There are also various emergency measures. It is destined that Xiao Qi cannot only have RMB in his hands. At that time, it will be very troublesome to exchange things abroad, and it will take more time.

However, the money Xiao Qi can really use is not only this.

Tang Mingxiang, apart from the acquisition of Khe, still has a huge cash flow of 23 billion U.S. dollars. At a critical time, Xiao Qi can also use this money. The cash flow of 62 billion U.S. dollars, I am afraid that only Apple in its heyday can match it, right?

Ashamed to say.

Xiao Qi has so much cash flow abroad, but in China he is a real big lender.

Before he let the foreign media and experts belittle himself, the figures are actually very real. For example, he owes 150 billion US dollars to domestic banks.

After this incident was revealed on a TV program, it greatly reduced people's expectations for Xiao Qi's wealth.

Xiao Qi's current main income is only four parts, one part is the income from the sale of dreampad, the other part is the income from the domestic app store after the buyout, the third part is the income from the construction of 3g and optical fiber networks, and the last part is He sells Dreampad and the income of the app store shares.

But Xiao Qi has done too many things. Counting down the stalls he spread, there are at least a dozen projects, and they are all huge investments, such as the investment of the Xiaoyao series, the complete construction of the entire five years. In the end, the investment scale will be at least RMB 100 billion.

There are also two aspects of investment in the "Shangri-La Community" and Rongcheng Branch of Fairy Real Estate, which are casually more than 200 billion yuan, and the entire development time of these two places will exceed 5 years.

The future of the Fairy Bank investment is not something ordinary people can afford. A small-scale urban commercial bank such as Rongcheng Bank has assets of about 300 billion yuan. Xiao Qi's Fairy Bank across the country, even if it is not external Deposits and loans are the mainstay, but the capital reserve of 600 billion is less, so it is better not to be a bank.

So much money is not enough to get all the foreign cash flow back.

Fortunately, the world still has a loan from a bank.

Xiao Qi now has 304 billion in cash deposits in China Merchants Bank, but the 300 billion in loans was transferred out, and then the second batch of loans on Xiaoyao Logistics still has 400 billion yuan, which accounts for almost one-third of China Merchants Bank's total external loans. one.

This is also Yu Minwei's courage, otherwise not many people have the courage.

Xiao Qi also borrowed RMB 410 billion from the Construction Bank with 30 Dreampad shares as collateral to redeem the Dreampad shares in other banks and used it for the normal operation of the Fairy Company.

It is this loan of more than 110 billion that has supported the development of Xiao Qi's fairy company in China.

For this reason, Xiao Qi pays more than 4.6 billion yuan in interest every month. That is to say, the 3 billion 3 billion purchases that Li Xiaochao paid to Xiao Qi's Friendship United Holding Company is not enough for one month's interest expense.

There are also more than 27,000 houses in the first and second phases of the Fairy Real Estate Rongcheng branch. They are sold so cheaply, and they add up to not enough interest expenses for one month. I don't know if the triumphant Director Huo heard this inside story. Was blown to my confidence.

To put it bluntly, Xiao Qi's monthly expenditures are all paid by money from loans.

It is true that the teenager has a loan of 110 billion yuan, but this money is not used up in a month. On the contrary, many of Xiao Qi's expenditures are paid in installments, so his monthly expenditure is at most 20-30 billion. .

Some people will say that Xiao Qi is really stupid like this. How much money do you have, then borrow as much money as you want. Why do you want to borrow so much, and in the end, you give billions of dollars in interest every month?

The person who said this would not do business at all.

The reason why Xiao Qi did this is that he would rather bear a huge amount of loan interest and hold hundreds of billions of cash. The reason is to maintain a large amount of cash flow.

Now you think the Fairy Company is very good and powerful, and the bank is willing to lend you a loan.

But if you wait until the economy is in crisis and the bank has to tighten money, will it still be so easy for you to borrow?

At that time, even if you say that my fairy company is good, and many people are waiting to buy shares, you can lend me a loan... Look at how many banks dare to violate the order of the central bank and lend you hundreds of dollars every month. Billions of dollars?

What is a financial crisis?

Isn't the word "finance" written before the crisis?

Isn't the banking industry the core part of the financial industry?

When the real financial crisis came, regardless of the 4 trillion revitalization plan of previous countries, the money did not fall into the hands of ordinary companies. Almost all of them were invested in infrastructure and basic industries.

Fairy Company, a company in the electronics industry, does not have much benefit to people's livelihood. It is even a luxury product. If Xiao Qi does not go to Niu Ruzheng, he will definitely not have his place~www.readwn.com~ even if there is. Then, it can't be too much. The total is only 4 trillion. You alone will occupy 7000 or 800 billion. Why?

Therefore, everything is good for self-reliance.

Xiao Qi's loan a year and a half in advance was paid more than the monthly loan, but it was only 30-40 billion yuan in interest. For this small amount of money, wait two years for Xiao Qi to sell a small company in the United States. Earn it back.

But in the hands of Xiao Qi, the development of real estate, the construction of the logistics system, the R&D expenditures of the fairy company, welfare benefits, etc., can be completed with quality and quantity. This is the integrity of the business and the heart of the people. Stability and morale are not comparable to these interest rates.

Think about it, if suddenly the bank does not lend you the next month, the research and development cannot continue, the salary bonus cannot be paid, and Xiaoyao Express is completely paralyzed...The reputation that Xiao Qi has worked so hard to establish is so destroyed. What a terrible thing?

Cash flow from loans is also a kind of cash flow.

Is not it! ?