Rebirth of the Wild Age

Song Weiyang actually wanted to see the girlfriend of Brother Xiao Ma, after all, among the wives of Internet tycoons, this wife had the lowest exposure rate, and only one photo of the two could be found from beginning to end.

But Xiao Ma was unwilling, because Song Weiyang was too famous and he was afraid of scaring his girlfriend.

As for the marriage time of Brother Xiao Ma, it is not known to the outside world. He only invited two tables of family and friends to the wine. But it was definitely not married in 2001, because this year's West Lake on the sword, the red leader said directly: "Among us, the pony is the most immature." After everyone did not understand, the red leader added another sentence. "Only he is not married yet."

Xiao Ma's journey to the Internet should be very smooth. When he left Beijing, he was smiling and his whole body exuded the sour smell of love.

Song Weiyang has stayed in the capital for this period of time. In addition to staying with Chen Tao, he has a lot of business affairs. One is to attend the annual shareholder meeting of SMIC, the second is to be invited by Academician Ni to attend the press conference of SMIC, the third is to participate in the China Council for the Promotion of International Trade to discuss the establishment of the SME summit, and the fourth is to visit a certain member of the telecommunications department. The fifth is to participate in the CCTV China Annual Economic Figure Award Ceremony.

There have been too many incidents in the communications industry this year. The telecommunications czar no longer cared about suppressing PHS, so PHS decided to blossom nationwide next year. It used to be that PHS was not allowed to develop business in several major cities. Now it is through Song Weiyang and Song Weiyang. With the development of China Science and Technology, only Jingcheng and Shenghai remain in the restricted cities.

In other words, apart from Beijing and Shanghai, PHS can be established anywhere in the future.

On New Year’s Day in 2001, China Science and Technology opened its business in 15 cities at the same time. There will be discounts on purchases within three days. The price of the old PHS model can be as low as 588 yuan, and the latest PHS flip-top "high-end phone" is only 1188. Yuan!

Gone are the beautiful times when a PHS sold more than 5,000 yuan.

Not only is the PHS, there are also 5 mobile phones that have fallen below 1,000 yuan on New Year's Day this year. Including the mobile phone that Song Weiyang bought when he was studying at Fudan University, the price was nearly 10,000 years ago, but now it only costs more than 900 to get it. Electronic products are being updated too quickly. Moreover, there are more and more domestic mobile phone brands, such as Kejian, Bird, Konka, Haier, ZTE, Amoi, Tianyu, Panda, TCL... More than 10 domestic mobile phones have emerged in one breath, all priced at 1,000 to 2,000 yuan. between.

The mobile phone business is too profitable, so with so many manufacturers coming in, the competition can be described as fierce.

Shenzhou Technology is still comfortable, able to eat alone all the time, and lay the golden eggs crazy with the hen holding the PHS. It's not that no one wants to get a share of the pie, but they are all blocked by the telecommunications department, because the cooperation between telecommunications and China Technology is very happy, and both parties can get the benefits they need. Why let a third party come in and make trouble?

Historically, UT Starcom also ate alone in this way, until Wu Da Huo wanted to set foot in Huawei's territory.

At that time, after Huawei was robbed of business by UTStarcom, it immediately set up a "PHS Department" to counterattack. It is estimated that using a very deep network of resources and making a very surprising profit concession, Huawei finally gained the approval of the telecommunications department and entered the PHS market in one fell swoop. The well-known Huawei mobile phones in the future will be built step by step from the foundation laid by Huawei's PHS.

…

Let's return the time to December 26, 2000. It has been two days since Xiao Ma left Beijing. Song Weiyang was in the courtyard waiting for reporters to interview.

The interviewer with Song Weiyang was a woman who was almost 50 years old and her name was Hu Shuli. She personally founded Caijing magazine two years ago and is currently studying for an EMBA degree. This is China's top financial media person. Had it not been for Caijing magazine that Song Weiyang had been invited several times and had not been accepted, Hu Shuli would not have come to do the interview in person—Song Weiyang had to give her face and couldn't push her even if she wanted to.

Hu Shuli also took a photojournalist. After taking a taxi into the alley, the photojournalist rolled up the window and covered his nose and said, "Whose toilet is out of the way, it smells so bad, and Song Weiyang lives in this broken place?"

"Don't think about it, everyone has their own preferences." Hu Shuli said.

The taxi driver quickly reminded that they had arrived at the place. Before they got out of the car, they saw a high wall.

Hu Shuli clicked the door knocker, and the door was opened soon, and she said with a pensive smile: "You are Editor-in-Chief Hu, please come in!"

"Thank you." Hu Shuli smiled and nodded.

Stepping into the gate, he found that there was a cave, and he had entered the courtyard twice. The photographer couldn't help but muttered in his heart: rich people are awesome, they build this kind of big courtyard in Beijing.

Song Weiyang was drinking tea with Chen Tao. Seeing the guests came, he immediately got up to welcome him: "Hello, editor-in-chief, I have been admired for a long time!"

"Where, I just did my own business." Hu Shuli said.

In this year, a researcher from the Supervision Department of the Shanghai Stock Exchange conducted a follow-up investigation on 22 securities investment funds under 10 fund companies, and disclosed a large number of shady violations of regulations and laws in two reports. The two reports quickly flowed into the society informally. The researcher was severely warned by the Shanghai Stock Exchange on the grounds that he leaked the internal information he knew at work to others without authorization.

However, Hu Shuli published these two reports in the form of selected editions in Caijing magazine, and changed the title to "Fund Shady", which immediately caused a national sensation.

The 10 fund companies that were exposed strongly condemned them and said they would sue authors and magazines for defamation, and even rumors that there are personal threats in private.

The two sides filed a slobber lawsuit in the newspapers, and the Chinese economics community was silent. Naturally, experts dare not reverse black and white at this time, but they dare not stand up to help Hu Shuli tell the truth.

At this moment, Mr. Wu Jinglian, a heavyweight economist, stood up and directly compared the Chinese stock market to a casino, and it was worse than a casino. Because other casinos have rules, such as you can’t look at other people’s cards, and the Chinese stock market can not only look at cards, but also cheat and swindle the table.

This time the exposure was more thorough, just the first two months!

Chen Tao and Shen Si cooperated in making tea. Hu Shuli said thank you, and asked Song Weiyang: "Is the interview or the photo taken first?"

"Interview." Song Weiyang said.

Hu Shuli smiled and asked: "Did you know? CCTV's annual selection of economic figures can be voted online. At present, you have the second highest number of votes, and Mr. Wu Jinglian is ranked first."

Song Weiyang said: "I am very happy because I can rank behind Mr. Wu. Mr. Wu is recognized as the "conscience of Chinese economics."

Hu Shuli said: "Can you ask me something about your views on the shady fund? If it is really inconvenient, you can choose not to answer."

"There are no taboos, I have nothing to hide." Song Weiyang said.

Hu Shuli said: "Old Wu compared the Chinese stock market to a casino. Do you agree with him?"

Song Weiyang said: "The stock market itself is a casino, and the same is true in the United States. However, the casino in the United States has been in operation for hundreds of years, and all kinds of rules are relatively perfect. Someone who wants to play tricks must also be within the rules. In China, this is the case. The casino has only been open for 10 years, and people are playing cards while making rules. Sometimes when they are playing, someone suddenly says: You can’t look at my cards! So the casino and the dealer said: Oh, you can’t look at other people’s cards. Then try your best Watch less."

Hu Shuli was satisfied with this answer, but felt that it was not enough. She asked, "Anything else?"

Song Weiyang said: “The current positioning of China’s stock market is wrong. The official positioning is'financing services for state-owned enterprises and a financing tool that favors state-owned enterprises.' This has resulted in companies with listing privileges that can use high-premium issuance to collect money from holders of tradable shares, and a series of other chaos will naturally occur."

"So?" Hu Shuli asked.

Song Weiyang said: "So if we want to rectify this chaos, we must first gradually liberalize the listing rights of private companies, increase the types of stocks, allow investors to choose more, and make it more difficult for market makers to operate!"

"You are very courageous." Hu Shuli said.

Song Weiyang said: "There is actually no risk in saying this. The fund's shady scene is so big, the central government must have paid attention to it. It will be a matter of time before the right of private companies to be listed."

Hu Shuli said: "Xifeng is China's first private company to be listed outside the mainland. Why didn't you choose a backdoor listing, but went to Hong Kong City to go public?"

Song Weiyang said: "The domestic stock market is too messy, I don't want Xifeng stock to be messed up."

Hu Shuli asked: "Will Shenzhou Technology choose to go public? There have been rumors in this regard."

Song Weiyang said: "We will not be listed for the time being because we are not short of money."

Hu Shuli asked: "Will Taurus Capital transform into a public offering fund?"

Song Weiyang said: "It will never be possible."

Hu Shuli asked: "Why?"

Song Weiyang said: "Taurus Capital is what I use to make strategic investment arrangements. I take the lead, and the purpose is not to collect money."

Hu Shuli asked: "Can you talk about your strategic layout?"

Song Weiyang said: "No comment, you will be able to understand it after ten years, so please wait and see."

Hu Shuli said, "It seems that Mr. Song already has a long-term business plan."

Song Weiyang said: "Those who don't have a long-term vision will certainly not go far."

Hu Shuli said, "I guess, you are deploying the electronics industry and the Internet?"

Song Weiyang said: "This is one of them."

Hu Shuli said: "But now the Internet is sluggish. Last year, Sun Zhengyi, the richest man in Asia, has invested in Internet companies everywhere, and now he is not even in the top 20 richest people in Asia. When do you think the Internet industry will pick up?"

Song Weiyang smiled and said: "When the current Internet companies close more than 90%, Internet stocks should rebound when they hit the bottom. This is the market's spontaneous adjustment ability. The Internet bubble was too strong in the past. Take the world's largest Internet service. For the company AOL, the market value has soared to 160 billion U.S. dollars in ten years, which is twice that of IBM. As a result, the Internet bubble burst and the market value evaporated by 100 billion U.S. dollars, and it is still there today. Going down. In order to stop the stock price from falling, Time Warner has announced a merger plan with AOL. This shows that the relevant investment institutions are so poor that they have reached the point where they can't afford to lose. The real Internet industry is squeezed out of water."

Hu Shuli said: "Maybe in a few years, we will see that your investment vision is not accurate."

Song Weiyang said: "Yes."

Hu Shuli said: "You are very confident and bold, just like sniping Soros at the beginning."

Song Weiyang smiled and said, "I thought you were going to ask Qiong Minyuan."

Hu Shuli said: "Qiong Minyuan has been proved to be an illegal operation. Do you care about the impact in this respect?"

Song Weiyang said: "It was not that I was operating illegally. I was just a stockholder at the time. If I break the law, then all stockholders in China are breaking the law."

Hu Shuli said: "The American stock **** Buffett has his own investment philosophy. You are hailed as the Chinese stock **** by the majority of investors. What is your investment philosophy?"

Song Weiyang said: "When I bought Qiong Minyuan, I was relatively young and impulsive. At that time, I was thinking about small and big things. Now I only invest in companies with potential. As for the potential of a company, I have my own criteria for judging it. "

Hu Shuli asked: "What is the criterion?"

Song Weiyang smiled and said, "Commercial secrets."

Hu Shuli said: "Xifeng's stock seems to have been falling, aren't you worried?"

Song Weiyang said: "As long as it doesn't fall below the issue price, Hong Kong stocks are falling anyway, and Lenovo fell even worse than Xifeng."

Hu Shuli asked: "Will this affect Xifeng's industry layout?"

Song Weiyang said: "It is definitely a lie to say that there is no impact, but it is not as serious as expected. Xifeng has maintained a high-speed expansion posture for more than a year. We will converge the expansion speed slightly next year and proceed Very thorough internal integration to consolidate the development results of the previous few years. On the other hand, the continuous decline in stock prices is also a good thing, because it has been maintaining rapid development, which has made many senior leaders of Xifeng inflate. And everyone has money and motivation It’s not so full anymore. The more the stock price drops, the more sober you will be and the more accurate you will be to understand Xifeng’s actual situation."

Hu Shuli said: "You have a good mentality, and bad things can turn into good things."

Song Weiyang said, "Otherwise? You can't blame the heavens and others."

Song Weiyang and Hu Shuli talked for an hour, and they talked about everything. When they even talked back to the Chinese stock market, Song Weiyang said directly: "I am an industrial capitalist, not a financial capitalist. Don't talk to me about the Chinese stock market in the future. I don’t care about that stuff, and I don’t like it at all. If they play with them, I just want to be an honest company."