Reborn Entrepreneurial Giant

Affected by the plague, international trade and investment have shrunk sharply, the flow of people and goods has been severely hampered, global industrial and supply chains have been impacted, and the world economy has fallen into the most severe recession since the end of World War II.

The plummeting U.S. stock market even led to a globally famous joke:

March 8, Buffett: I have lived to be 89 years old and have only seen the U.S. stock market melt down once.

On March 9, Buffett: I have lived to be 89 years old and have only seen two US stock market meltdowns.

On March 12, Buffett: I have lived to be 89 years old and have only seen three meltdowns in the U.S. stock market.

After four circuit breakers in 10 days, U.S. stocks fell by more than 25% in a month. Even Apple, Google, and Microsoft all fell by 20%, and the global financial market was affected.

Qu Li sold stocks at the beginning of the epidemic. Tianming Fund included the US dollar fund of United Group Wealth Fund, and then continued to increase his position in gold while shorting crude oil.

From 2018 to the end of 2019, the international gold price rose to US$1,500, and the price of crude oil fell from the beginning of the year. The logic is probably that the global economy has declined, countries have closed down cities, and market demand has decreased. Can oil prices maintain high prices? Oh, yes, they can reduce production. Unfortunately, Qu Li knew that this time the price of the main crude oil futures contract would fall into negative numbers when it expired.

As for why, that's unknown. Anyway, don't doubt other people's IQ. Although he could make money at such an outrageous price, he didn't dare and ran away after making a fortune.

Qu Li easily earned more than ten to two billion US dollars from the financial market, and instantly felt that the money lost by Galaxy Power was nothing. He could thank him for ten years...

Then the Federal Reserve lowered the base interest rate to almost 0 and injected a large amount of water into the market. The effect was significant. For example, Qu Li made a U-turn and reached US stocks and crude oil, which strengthened his idea of ​​​​selling gold. The Fed's release of water means inflation, which means rising gold prices!

Then what? Of course, it was to save the market and U.S. stocks. Qu Li’s interests in U.S. stocks were too big to be sold off, so he kept some of them. To save U.S. stocks now was to save himself. Okay, no more nonsense, U.S. stocks will continue to strengthen in the next two years and hit new highs repeatedly.

Whatever you have trouble with, don't make trouble with money, but Qu Li still doesn't dare to buy back Honor's shares. More and more information shows that the specific means are unknown.

In the past few years, Qu Li has urged SMIC to build a new 14nm process wafer foundry regardless of cost and price. The production capacity has tripled the previous generation, and the yield rate has far exceeded. It can be regarded as accumulating a lot of advantages.

Not only that, their nanoimprinting company has made a lot of progress in patents and technology accumulation, but it is still not as good as Canon. As early as 2014, Canon acquired MII of the United States (which developed the basic technology of nanoimprinting) and secretly developed nanoimprinting technology to enter the NIL market. Subsequently, Canon cooperated with Toshiba to develop NIL technology.

They are now cooperating with Zhongxin, Changjiang, and Changxin Storage, not only to provide more technical support for the development of new technologies, but also to reduce cost pressure. Of course, they do not have products yet.

Except for Honor lagging behind Juhua in the field of 5G technology, Honor is far ahead in all other aspects. Mad Dog actually doesn’t care about the reason. The key is whether the relevant departments can provide sufficient support. Without state protection, any multinational enterprise is nothing.

However, Honor has still established several independent subsidiaries: Spreadtrum, WeiZhi, DJI, Honeycomb Energy, Huaguan Automobile, etc. If you really need something, it can be convenient for cutting.

Qu Li had made a lot of preparations for this, just like he had done for the plague. When the incident came, he would be needed to coordinate everywhere, especially in Beijin. Every business trip required quarantine, which seriously affected his travel.

Zhang Yiwen completed the acquisition of a Thai insurance company last year, achieving coverage in Southeast Asian countries. At the end of the first quarter of this year, she finally completed the acquisition of Chengdu Rural Commercial Bank. These two acquisitions cost a total of about 50 billion RMB, adding about 600 billion assets to the United Group.

Fortunately, the United Group made a lot of money by shorting crude oil and long gold, and made a lot of money by cashing out U.S. stocks to raise funds. Now that the U.S. stock market is bailing out, it will make a lot of money in the future. After calculation, it must be more than 10 billion, maybe 200 100 million. What’s not enough is of course borrowing money or going public!

"Everyone wants to go public!" Zhang Yiwen said

"But you have achieved stable profits for three consecutive years?" Qu Li was curious, United Group has been making acquisitions every year. How can it do great things by relying on profits?

"No, someone wanted to make a fake, but I refused." Zhang Yiwen

Financial fraud and listing have almost become a tradition in the securities market. Zhang Yiwen is now sitting high on Diaoyutai. Nothing can shake her status. Why should she take the initiative to make mistakes to make room for others?

Qu Li didn't understand the management of financial companies, but he knew that the country was reducing leverage. In the next few years, he could only cultivate his internal skills, do a good job in internal management, reduce costs and increase efficiency, and run the company well. This is just right for United Group.

As for the real estate industry, it is really hopeless this time. The relevant departments are formulating "three red lines" to cut off the supply of real estate companies. The United Group has made adjustments to its strategic direction and has now completed the "decorporation of real estate" and strengthened the review of commercial/residential real estate cooperation.

In addition, the "Eye of the Earth" cultural tourism project in Chengdu is slowly under construction, which has been generally recognized by partners. Who knows when the plague will end? The sooner it is completed, the greater the loss.

Everything is changing, and many companies have slowed down their development plans. In addition to Internet companies, including takeout, community group buying, convenience stores, online shopping, as well as containers, ocean shipping, etc. At this time, the ro-ro ship purchased by Qiancheng Geometry is about to be delivered. .

Qu Li came to Beijin not just for Zhang Yiwen. The business of Shiguang, Jumei, Shopee, and Shopify has exploded. The number of global employees exceeded 500,000 last year and may even double this year. This is not nonsense. The global demand for online shopping has exploded. Amazon They are all urgently recruiting people.

The greatest demand is for logistics and distribution personnel, and the key is that Jumei Logistics has strategic value in the country. It is said that its ability to deliver materials has aroused the vigilance of some departments. There is also domestic information security, Kingsoft’s performance is relatively outstanding.

Domestic demand for information security for enterprises and institutions has increased a lot in recent years. Kingsoft has focused on this industry for many years and has always maintained a high investment and low return status. It has the top information security strength in the country (the largest number of talents), that is, 365 Can make a difference.

On the surface, many things have nothing to do with him, but others don't care. It may be the best choice to explain some things clearly in advance. The strength Qu Li showed after the outbreak of the plague really makes it possible to establish a consortium. Although Qu Li has repeatedly stated that he has no such idea, the fact that you have this ability is worth guarding against...