Reinventing the Millennium.

Chapter 922 I Believe (4K)

Spring River Plumbing Duck Prophet.

Only two days after Lehman declared bankruptcy and the global stock market plummeted, Qimonda, Morningstar Semiconductor and Freescale all felt the chill.

Funds are running away, market value is falling, orders are being cut...

These are just a few companies that Fang Zhuo has come into contact with personally.

However, the Lehman bankruptcy, the US authorities are still trying to restore the situation, so that this local problem does not spread to the entire financial system.

Plausible news was continuously delivered to Xiangjiang from the other side of the ocean.

The U.S. Treasury and the Federal Reserve have made it clear this weekend that they will not directly rescue Lehman, and let Wall Street solve this problem by themselves, but when Lehman really declares bankruptcy, Paulson and Bernanke have to put all these Swallowing back the words, he announced the takeover of AIG, the world's largest insurance company that was in urgent need.

US authorities were quick to fund an $850 billion mortgage to acquire 79.9% of AIG's outstanding shares in an attempt to avoid wider market disruption.

It is also reported that Abramovich will submit a bill to Congress to rescue the financial system within a few days, and the finance will receive hundreds of billions of dollars of authorization to purchase non-performing housing mortgage assets.

Fang Zhuo sits in Xiangjiang, carefully screens out any available inside information, and is also ready to fly to New York at any time.

In just a few days, following Freescale's layoffs, HP announced plans to lay off 2.46 employees in the next three years, Telefónica laid off 700 employees, AMD accelerated the divestment of fabs, Starbucks plans to close dozens of stores in Australia, [-]D Bio Pharma axes entire division...

The turmoil is surging, dizzying.

Fang Zhuo felt that the one that was not in the plan was good for a while, and that was also good for a while, and wanted to buy it, wanted to buy it, wanted to buy it all.

But he must control his desire to shop and wait for a worse industry environment and economic situation.

From the perspective of the semiconductor industry alone, Taiwan's Taiwan Record and UMC have reported personnel freezes and layoff plans, and internationally renowned companies such as Intel, AMD, NXP, and Singapore Chartered Semiconductor have no good news.

This is true of the global industry, and semiconductor companies in the Mainland are no exception.

As of September, this year's environment is generally not good. The impact of Lehman's bankruptcy is gradually expanding. Those who can be laid off or not can be laid off now. The original scale of layoffs is now expanding, and those who are struggling may be considering bankruptcy.

In response to this domestic situation, Fang Zhuo’s prepared plan has been submitted, and fragile industrial development needs to be taken care of. At the very least, ICBC’s loans for enterprises can be released for a while.

A group of companies that have connected with the Ice Core Wafer Manufacturing Service Alliance, including Vimicro, Huajing Microelectronics, China Resources Ansheng, Lin'an Shilan, and Shencheng Grace, are all within Fang Zhuo's attention.

The funds are tight and waiting for the bank approval. If the funds are really tight, you can get an interest-free bridge from the service alliance first. The arrangement of the follow-up funds will take some time and procedures. Fang Zhuo does not intend to let some funds be used in his own name abroad into the country.

But as a global rich man, it is normal to know some powerful friends in the world, right?It's no surprise to help out with some money, right?

In addition to financial arrangements, Ice Core does not set up freezes and layoffs. Instead, it has to recruit semiconductor industry employees who have flowed into the society. The current reserves are going in two directions. One is to prepare for a possible cooperative factory in Germany, and the other is to consider building a new building in Luzhou. Four factories.

In addition, the second factory in Lin'an, which suffered from Qimonda's cancellation of orders, was part of Fang Zhuo's personal plan and was not announced. It depends on Qimonda's direction and handling. If nothing else, Qimonda's capital hole If you can't fill it in, you may face bankruptcy.

Once Qimonda goes bankrupt, talents, technologies, and patents can be selected according to the situation in the case of a global industry downturn.

It was the worst of times and the best of times, the winter of disappointment and the spring of hope.

There is nothing in front of you, and everything in front of you.

Fang Zhuo was busy with domestic and foreign arrangements, and initially scheduled to fly to New York on September 9.

He has been on the phone for several days in a row, continuously judging news from different regions with different time differences. He has been staying in the hotel since Lehman was confirmed to be bankrupt, and waited until the closed-door urgent busy time passed before going out. The market value of Morningstar Semiconductor has dropped to 123 billion.

At the beginning of the listing, it was 162 billion, and it broke 156 billion on the first day. Lehman went bankrupt with 140 billion, and now it is 123 billion.

Within a week, Morningstar Semiconductor lost 39 billion Hong Kong dollars in market value.

In Fang Zhuo's view, due to the limited sale of the listing, the money will not be cashed out for a while, and the ups and downs are just changes in numbers, but he thinks this way, the management of other shareholdings of Morningstar Semiconductor cannot be so relaxed treated.

To say that entrepreneurship is for ideals, of course, is to say that entrepreneurship does not consider wealth at all, that must be nonsense.

Even if the head of the company does not accumulate wealth through the stock market, a group of people in the company managed to get to the IPO. Seeing that their paper assets have shrunk, they can't wait to rush to Lehman Fuld and give him two bang bang punches.

Unfortunately, they couldn't see Fuld.

However, when Fang Zhuo left the hotel and appeared in public, surrounded by many Hong Kong media, he revealed a piece of news that comforted the people of Morningstar.

"My opinion on Lehman's bankruptcy, this, you ask me, what should I say?"

"Well, it's not easy to say. Although the story between me and Lehman is over, it seems to be worse from any point of view. I actually have nothing to say. You all know that my energy is now on our 3G mobile phone products.”

"Oh yes, Lehman's bankruptcy has had a huge impact. What will happen next may require multiple assessments. However, I think that kind of attack on Fuld should not happen again."

Fang Zhuo was surrounded by reporters as soon as he saw the light of day again. He had expected this kind of situation, it was nothing more than a past festival.

As we all know, I have already made peace with Fuld in the United States, so what else is there to talk about now.

After hearing Mr. Fang's words, many reporters felt that they had not interviewed the wrong person. They exclaimed, "Mr. Fang, Mr. Fang, was Fuld beaten? When? Was he really beaten?"

Fang Zhuo was taken aback: "You don't know?"

The reporters shook their heads again and again, their faces full of interest.

"Well, what I heard was that Fuld was beaten up in the gym. After all, Lehman's filing for bankruptcy affected many people." Fang Zhuo said concisely, trying not to say much about the scene.

The accuracy of this news is quite high, and it comes from golfer Austin.

It was said that two days ago, someone questioned Fuld's 4.8 million salary and dividends from Lehman but made a mess.

Fuld clarified the rumors, saying that there is no 4.8 million, only 3 million in salary and dividends.

Then, he was beaten.

Fang Zhuo thought the news was relatively public, but he didn't expect that the Hong Kong media didn't know the situation, so he couldn't describe it enthusiastically.

The news was confirmed by the richest man in the mainland who had personally fought with Lehman, and the reporters were already very satisfied after hearing this.

They didn't let the blocked President Fang go easily, and continued to ask: "President Fang, have you noticed that there are hot discussions on the Internet about your shorting of Lehman?"

"It used to be." Fang Zhuo corrected his words and shook his head slightly, "I have also been thinking about dealing with the possible deterioration of the financial situation for a few days, and I didn't pay attention to the comments on the Internet. As I said just now, the story between me and Lehman is over. gone."

He said seriously: "In fact, I was extremely shocked by Lehman's filing for bankruptcy. Such an investment bank with a long history would go bankrupt. This shocked me and made me start to think more about business operations."

When Fang Zhuo said this, he still sighed without waiting for the reporter to ask questions: "That's Lehman, it has come to this point, who would have expected Lehman to come to this point!"

The reporters feel sorry for each other.

However, a reporter still turned up old accounts: "Mr. Fang, you once analyzed Lehman's problems in Shanghai, the housing prices in the United States, and Lehman's CDO contract. Didn't you expect Lehman to come to this point? ? Have you profited by shorting this Lehman bankruptcy?"

The last sentence is very straightforward.

This is not the first time he has thought this way and asked this question. In fact, because of his short selling against Lehman, there are many shocking remarks on Weibo and Zhihu because of Lehman's bankruptcy.

——Boss Fang is too accurate!
— Fuck, Mr. Fang has hidden his hand!Lehman's stock price has fallen!
——Lehman was closed down by Mr. Fang's short selling!
——What Mr. Fang said about who is right and who is wrong finally came to fruition!

——I suspect Mr. Fang is still shorting Lehman in private!

Faced with the reporter's question, Fang Zhuo shook his head calmly: "Will I, Fang Zhuo, keep an eye on short selling? I make mobile phones."

He laughed and said: "Whether it is housing prices or CDOs, they are all obvious issues. The prosperity of the bubble will obscure everyone's sight, but not only me, many institutions and experts have talked about this issue, but I believe , They, like me, never imagined that Lehman would come to this point.”

The reporters were skeptical, but Mr. Fang spoke naturally, and it made sense. Who would have thought that Lehman would go bankrupt?

"Mr. Fang, there is a loud voice on the Internet." A reporter passed the microphone forward, "They said, let Mr. Fang take them to charge again. What do you think of this?"

Fang Zhuo pondered: "Whether it's a mobile phone or a fab, I'm actually an honest person who makes money by making products. Instead of asking me to take everyone to a rush, it's better for everyone to buy our Yike's mobile phone. I'll make money first." , and then bring everyone to make money.”

A reporter complained in a low voice: "Then you have to buy a mobile phone."

Fang Zhuo pretended not to hear, who could be blamed for not being able to buy it, the 3G license has not yet been issued in the mainland, and the operator of Xiangjiang did not cooperate, who is to blame?
A series of interviews soon appeared in newspapers and online.

With the development of Weibo platform, there are many users here in Xiangjiang, and they are the fastest to give a summary.

"Like falling into a well".

"I Make Mobile Phones".

"honestly".

"It has passed".

Xiangjiang doesn't believe it, and the mainland is similar.

"What kind of personality is Mr. Fang?"

"Mr. Fang's expression in the interview is very subtle! He is lying!"

"Hurry up and buy a mobile phone, Mr. Fang almost has no money to short Lehman!"

Compared with the attitude of the people who eat melons, the attitude of those who have really had an intersection with Fang Zhuo is more convincing.

Huang Guangyu laughed when he saw the "honestly making products" in the interview. He was the most direct victim. Gome's stock was short-sold before, which locked up the cash-out space. He still remembers the dilemma during that period.

This method of capital competition has indirectly caused Gome's current difficult situation, not to mention any other bank actions.

The collapse of Lehman also led to a decline in Gome's stock price, which in turn caused the loss of a considerable part of the liquidity of the funds.

Huang Guangyu has been overwhelmed by the company's affairs these days, and has no time to stand up and accuse Fang Zhuo of his hypocrisy.

However, there is still the media who somehow got out of that corner.

He didn't want to entangle with Fang Zhuo, who was in the limelight, but answered the question angrily: "I believe it."

Such three words have a profound rhythm.

Ma Dian, who was staring at e-buy's Double Eleven event, had a rare chance to get involved, and laughed and publicly commented on the matter: "I believe it."

Ma Huateng, who pays close attention to the situation of e-buy mobile phones, chatted about this matter in an internal meeting: "I believe it."

Someone on Weibo fabricated the account of Duan Yongji, the former chairman of Sina who was expelled, and posted a three-word status: "I believe it."

Duan Yongji was very angry and asked Weibo to close his account, but he was asked about his judgment in private, and he also expressed his belief that Fang would definitely take the opportunity to attack Lehman.

For a while, "I believe it" became a very popular Internet meme.

The truth doesn't seem to matter any more, trusting Mr. Fang is the greatest joy.

As a friend, Xiong Xiaoge certainly did not let go of the opportunity to taunt Mr. Fang, and directly made an "I believe it" emoji on Zhihu for users to use. He felt that this was out of good intentions, and he was using mass entertainment to dispel the truth .

After returning home amidst the turmoil, Xiong Xiaoge looked at the screen full of people playing tricks, but his face was serious.

"Old Xiong, don't you believe it?" Seeing this, Mrs. Xiong joked.

Xiong Xiaoge shook his head slightly, he happened to be the most trustworthy one.

He firmly believed that Mr. Fang was not only continuing to short Lehman, but even had something to do with the inside story of Lehman's collapse.

And the factors that can lead to Lehman's collapse are undoubtedly mixed with a series of well-known figures.

If there is such a situation, it will be more intriguing to let IDG America take the opportunity to short Yike that Mr. Fang hinted earlier.

Mr. Fang has the character of digging out every loophole, how could he reveal such a flaw?
With such a string, there seems to be a dangerous breath and a bloody taste in the shadows.

Is there evidence for this?
The opponent's general suspicion is itself evidence!
In Xiong Xiaoge's mind were Mr. Fang's remarks in an interview with the Hong Kong media, and a series of thoughts were Nokia, lawsuits, patents, mobile phones, short selling, cannibalism, and capital swirling in his mind.

He breathed out, feeling that he had peeked into a corner of Mr. Fang, looked at his wife, and said, "This is a high-end game."

Mrs. Bear: "???"

She didn't understand her husband's words, but she was familiar with some logic, and she guessed concisely: "Collaboration?"

Xiong Xiaoge's face darkened: "It's nothing, it's just that I suddenly figured out something."

Madam Xiong nodded seriously: "Yes, I believe it."

(End of this chapter)