The Growth of the Richest Man

Chapter 84: Treasure's counterattack

The task of establishing Yongchang Service Company is Xu Lili's business alone. Zhang Yong trusts her quite a bit, so he doesn't have to worry about it.

But this Wang Xing didn't save Zhang Yong anything at all, and now he has a problem for Zhang Yong:

"Mr. Zhang, the big thing is bad. Dibao also launched a 'Yu Libao', and they can also manage the balance of money management. And they also engaged in a lot of activities, such as buying 'Yu Libao' and giving away lottery tickets, We have welcomed our customers a lot. Now our company's Yu'ebao product has dropped from the previous peak of 12 billion yuan to the situation where it is about to fall below 10 billion. President Zhang, do you want us to launch it too What kind of preferential activities to bring back the depositors?" Wang Xing reported the tragic news to Zhang Yong at the Yongchang Group's weekly meeting.

Zhang Yong had already anticipated this situation, because Yu'e Bao had no business secrets at all. If it wasn't for Ma Yun to see if Yu'e Bao was feasible, he would have launched his own "Yue Bao" II. number. What's more, Zhang Yong's idea of ​​developing Yu'e Bao actually came from Ma Yunda in his previous life. Strictly speaking, it is not known whether Ma Yun copied Zhang Yong or Zhang Yong copied Ma Yun.

Zhang Yong had already made a plan for Yu'e Bao's attack, and said: "We can do some promotions for everyone, but it is only limited to temporarily exempting Yu'e Bao's management fees, and we still don't want to do any other promotions for the time being. If you really start a price war, you will lose both." Zhang Yong didn't want to start a price war, so he asked Wang Xing and Ma Yun to negotiate, hoping that the Ali Department would also cancel too many preferential activities.

But obviously, Ma Yun regarded Wang Xing's negotiation as a form of seeking peace or even surrender, and felt that the financial strength of the Baobao Department was much stronger than that of the Yongchang Department, and it could support a price war and crush Zhang Yong's The company therefore rejected Zhang Yong's proposal and even asked Zhang Yong to give up the controlling stake in Renren Mall, so he was willing to stop this business war.

But Zhang Yong would not accept such harsh conditions. Renren Mall is a big strategy of Zhang Yong, not a subsidiary that can be sold at will, because once the company is sold, not only will Yong Chang not be able to sell his own products through his own channels, but Zhang Yong deeply knows that in the future The era of big data is the era of big data, and online shopping consumption data is an important source of big data.

But Zhang Yong still asked Wang Xing to act like he could negotiate and delay time with Ma Yun. Ma Yun obviously saw Zhang Yong's delaying tactics, but he saw that more and more buyers of his 'Yu Libao', and Zhang Yong's Yu'ebao, in a week, has further declined, has dropped to 80% With a little over 100 million yuan, Ma Yun felt that she could afford it. The more she dragged herself, the richer she became. If Zhang Yong dragged on, he could only sell the Renren Wallet project. If it drags on, as Yu’e Bao becomes smaller and smaller, and when Ma Yun mentions the acquisition of Renren Wallet and Renren Mall, the price that Zhang Yong can offer will be much lower.

What Ma Yun didn't expect was that Zhang Yong didn't really have a good face, and he didn't surrender until the end, but Zhang Yong was already prepared to deal with it in his heart, but the time to deal with it had not yet come.

On Monday, October 22, 2007, with a news from Renren Technology Corporation, Renren Technology Corporation's wholly-owned subsidiary, Renren Fund Corporation, was established. Renren Fund will sell mixed wealth management through Renren Wallet. Fund, all those who have purchased "Yue Bao" can purchase the same amount of mixed wealth management funds.

In July, Zhang Yong, through the performance of the stock god, instantly entered the attention of many ordinary investors. Although Zhang Yong has not traded in stocks for a long time, the myth of Zhang Yong is still circulating among investors. Now when I heard that Zhang Yong started to sell the fund, many investors came to hear the news.

Wang Jianlin now has 600 million in cash in Yu'ebao, so he can apply for a wealth management fund of up to 600 million yuan. Wang Jianlin has abundant liquid assets recently. On the first day, he bought a 600 million wealth management fund. .

In order to make money by riding on Zhang Yong's ride, many investors have deposited cash in Yu'e Bao, and then deposited an equal amount of cash in the wealth management fund. Zhang Yong's policy has finally increased Yu'ebao's share.

Of course, there are also some people who put their money in Yu'ebao and have no spare money to buy funds, but they found that they can directly use up to half of the money in Yu'ebao to purchase wealth management funds through the APP of Renren Wallet.

At the end of October 22, the balance of Yu'ebao has returned to nearly 9 billion yuan from 7.5 billion yuan the previous day, and the total subscription amount of Renren Fund, which has just been listed for the first time, has reached a terrifying 3 billion yuan!

If the rapid purchase speed will shock the industry~www.readwn.com~ Ma Yun finally realized why Zhang Yong has been delaying and did not officially start a business war with him to upgrade. It turns out that he is waiting for this!

Ma Yun felt that if he pressed Zhang Yong again, Zhang Yong would have to admit defeat. Therefore, Ma Yun once opened the plagiarism link of Ali's version - acquired Tianhong Fund overnight, and announced that the treasure will also be upgraded at the beginning of Tuesday, October 23rd. All users, there was only one wealth management product "Yu Libao". , and now add a "Zenglibao" business to connect with the Rainbow Stock Fund, which will be used to make money in the stock market! Moreover, compared with Renren Fund, Zenglibao has another biggest feature, that is, Zenglibao can be subscribed directly, and there is no need to have an account with Yulibao. The biggest inconvenience of Renren Fund is that you must buy a Yu’e Bao account before you can buy Renren Fund.

Was plagiarized again so soon? Zhang Yong is a little funny. But Zhang Yong knows that the current bull market is over, and only he himself knows this news! If you start investing in stocks, you are more likely to lose money now!

Because of the influence of the butterfly effect of Zhang Yong's arrival in this world, the current K-line chart of the Shanghai Composite Index in this world is different from that in the previous life, but the general aspects are still the same. A week ago on Tuesday, the Shanghai Composite Index hit a record high of 6124 points, and then fell continuously. On Tuesday a week later, the lowest fell to 5574 points, and then started a strong rebound.

Zhang Yong knows that the bull market will never return, so his wealth management fund does not touch stocks. He buys government bonds, gold futures and oil futures. The stock market is not good, the futures market is still good, especially after the outbreak of the financial crisis, the price of gold has skyrocketed, and now is the best time to buy gold.

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