this man is not calm

Chapter 285 Resource Allocation

There was no one else around, so the two cousins ​​chatted together, so naturally they couldn't help but talk about all kinds of things, including ancient and modern times, Chinese and foreign countries, and five thousand years of nonsense.

The topic mainly focuses on the prediction and direction of the current economic development of many domestic industries.

Generally speaking, it is still very promising.

The future is definitely bright, but the road ahead may not be so smooth. Jin Shang predicts that there will be a serious financial turmoil around the world at the end of this year or early next year. Mei Wenhui believes that there will be one around the millennium. Crisis caused by overheated investment.

"Ah Shang, your point of view is quite novel. Many people think that the secondary capital market represented by the stock market is a barometer of the real economy, but you think there is a problem, and sometimes it is even the other way around. I think, Your views are a bit radical..."

“If the shift from real to virtual is too serious, the pricing of the capital market will not be so closely related to the entity. In many cases, it is not linked to the economy, but is closely related to exchange rates, bonds, medium and long-term government bond interest rates, etc. As you know about our domestic situation, retail investors account for too much, and their risk preferences are different from those of institutions..."

"Chasing the rise and killing the fall, are you easily led?"

Jin Shang agreed with cousin Wen Hui’s judgment:

"Whether it is chasing the rise and killing the fall, or chasing the fall and killing the rise, there is no difference in essence. You may not know that I asked Hong Renquan to try to open a special account for quantitative trading in the securities investment department of Beichuan Mechanical and Electrical, and invested some With a small amount of money, using a data trading model and relying on computers to set buying and selling conditions, the profit exceeded 100% in less than a quarter. Of course, the cost is small, but accidental factors have a great impact. If the trading scale is large, the profit level may decline. However, judging from the existing model, it is really not difficult at all to make money in the secondary market if certain conditions are met..."

At present, the trading market is basically connected to the Internet, and automatic machine processing has replaced manual quotations. In many cases, the speed and scale of transactions have long been beyond the capabilities of traditional methods.

The biggest problem is that these days, there are no relevant regulations restricting automatic trading of calculation models.

"The development of Internet technology has had an increasing impact on the real economy, especially the financial sector, and the corresponding peripheral construction and supervision methods have not kept pace."

As Jin Shang explained, Mei Wenhui also came to understand.

"According to your idea, then... the ills in the financial field will indeed be exposed earlier, be more serious than I expected, and last longer, and... they will continue one after another until the corresponding laws and regulations are constructed to plug the loopholes. .”

"Yes! Just like my e-commerce trading platform, the C2C model has never been able to be implemented. It's not that it doesn't adapt to the market, but it's too risky and a bit troublesome. So, I submitted the materials to the relevant departments, and I kept asking." The online second-hand trading market's brand of individual small merchants has relaxed access conditions and is temporarily exempted from corresponding taxes and fees. Anyway, it is a natural supplement to the blank field. Try it first and improve it later..."

"Is this the online 'flea market' you mentioned before?"

Jin Shang nodded in confirmation and said implicitly:

"Even offline flea markets don't necessarily sell second-hand goods."

It is difficult to define the scope of this kind of private personal transaction in private, let alone online. As an emerging business model, it is common to set a temporary norm with reference to offline and support it with encouragement.

"Then...has it been approved?"

"It's basically done. It will take some time before a formal document is issued and implemented."

"That's okay."

In my cousin’s business landscape, which areas are the key areas, I have also talked about them when we chatted at small gatherings.

"But... your e-commerce platform competes with physical stores, right? I heard that some people are already talking about this. Will it compete with my comprehensive shopping mall?"

"It's inevitable! In many cases, what really determines life and death is not direct competitors, but cross-border spoilers. Those who are really affected are actually those who basically have no core competitiveness and seem to have a deep moat. , channel operators that are actually quite vulnerable. For example, large electrical appliance malls, department store retail, etc. that make a lot of money entirely by controlling the supply chain. Comprehensive commercial malls will definitely be affected, but it is not that serious..."

Until smartphones appear and are integrated into people's daily lives, and the combined online and offline services of the O2O model are deeply rooted in the hearts of the people, large commercial plazas that rely on passenger traffic will not have a big impact.

The two of them came here for an on-site inspection today. In addition to seeing whether the large project jointly implemented was executed smoothly, they also wanted to have an in-depth chat about whether there would be any direct conflict between the two business models.

"So, if you expect to burn money to integrate the supply chain, seize the right to speak upstream and downstream, and then just make money, you will encounter a crisis sooner or later?"

"This is the truth. The biggest role of the Internet is to return the business model to its essence. Good quality, low price, and good service are the keys to success. Those fancy routines in the past are vulnerable to the Internet."

"That makes sense! I probably understand what you mean. Embrace the Internet, keep pace with the times, and don't cling to the old. If you can't keep up with the times, you will be abandoned."

Mei Wenhui nodded with some relief,

"Dad asked me to talk to you more, probably for this reason. In this era, it seems that after half a century of accumulation, the development of science and technology has reached the level of accumulation. In the next few years, changes will become bigger and bigger. Obviously. Compared with the older generation of entrepreneurs who dare to fight hard, young people who are more sensitive to future trends and development directions are better able to detect which direction is correct."

The preferences of young people are the key to determining the future.

Past successful cases convinced Mei Yingnian that Jin Shang's nephew's vision would be of great benefit if he spent more time with his eldest son Mei Wenhui, who was mature and steady but slightly dull.

After so many years of hard work and hard work, the second uncle Mei Yingnian also took great pains to cultivate a suitable successor.

For the second-generation heirs who mainly focus on keeping business, it is actually the most difficult to be a successor. They have not experienced the hard entrepreneurial period of the first generation and do not understand the reality at the grassroots level. In order to make up for their shortcomings, Mei Wenhui interned in many companies. , in the past two years, his calm personality has not changed, and he has become a little more responsible, which is rare for a family that has only been established for 20 or 30 years.

What makes Mei Yingnian most satisfied is that the eldest son Mei Wenhui does not have many naive ideas of "I am a hero and my son is a hero". He must prove himself and does not want to turn back to take over, start a new business and do his own thing. Instead, he is very practical. Recognize your own limits, be down-to-earth, take one step at a time, observe and learn, and prepare to help your father and inherit the family business.

Of course, although this path is safe, it is also risky.

Erjiumei Yingnian has been obsessed with "going ashore" and getting involved in the domestic real estate market in the past few years. It is probably because he saw the changes in the regional business environment that he made a strategic shift.

The offshore and North Pacific shipping business will not give up, but it will no longer completely bet on this industry, implement diversified development, and share risks. The two of them walked and chatted, and then took a look at the leveling conditions of the surrounding land.

As the first stop for the Mei family and his son to get involved in commercial real estate in the capital, several versions of the planning for this place have been made. In addition to cultural and entertainment commercial projects centered on the film and television base, residential real estate, theme parks, etc. are also an indispensable part.

Judging from the current development trend, the direction of urbanization is temporarily in the east and west directions, with the southern part being slightly behind due to the terrain. Of course, even if it is a little slower, at the speed of the natural expansion of the capital, around the millennium, this place will become a prosperous area that is not inferior to the city center.

"Old man of the Nan family was certainly the key to winning this place. The label of 'technology' and 'culture' on you as a collaborator also contributed a lot. There are too many fancy lies in the plans of other competitors. , where something like ‘Jixi Culture’ is now a well-known brand in the local area.”

Indeed, other companies' so-called "grand blueprint" does not have corresponding "attributes" of its own, nor does it have capable collaborators to add gimmicks.

Today's culture is different. Unique high-tech concepts of the Internet, film and television entertainment, music pop, novels and art, and animation industries are almost blooming. Let's not mention other things for now. A series of copyrights acquired from Meiying Factory, countless large and small The well-known avatars and children’s and youth cultural products under development have almost overwhelming advantages.

Indeed, in the field of subculture, Jinshang is thinking about making the animation industry cater to teenagers and even all age groups, but this does not mean that it has given up on the children's industry.

It is said that it is going to be a theme park and amusement park to cooperate with the development of local cultural and sports industries. It has to be a bit real, right?

Putting aside the familiar exclusive copyrighted images and development plans, the other dry so-called plans are simply a joke.

Mei Yingnian started construction last year and the first phase of the "Three Kingdoms City" was put into trial operation this year. It has already become famous with the popularity of the TV series "Romance of the Three Kingdoms". On the cusp of this crisis, Jin Shang helped "assist" the matter. The old man of the Nan family said a few words in front of his disciples and former officials, and the decision was almost settled.

Mei Yingnian was very happy when the matter was done without asking Huang Zhengkuo to come forward. That level of favor cannot be used on such "little things".

"You should also pay close attention to investment promotion over there. My idea is that the return of funds is the first priority, but there is no need to deliberately pursue profits. First, focus on binding cooperative brand parties. Cooperation will make us stronger, and division will make us stronger. If we are weak and we all advance and retreat together, we will have more leverage and be more convincing when negotiating with other places.”

"Indeed, the construction of a large-scale business district will be troublesome if there are no brand merchants of a certain scale to settle in. It would be too cumbersome to negotiate with each business one by one."

Mei Wenhui also agrees with this point.

The two of them stood outside the land surrounded by barbed wire and guardrails. They looked at the wasteland inside and couldn't help but sigh.

Turning the area you see into a bustling neighborhood requires more than just building houses.

"That's it for today. Cousin Wen Hui, hurry up. Now many people have realized it. Those with some strength are looking for money everywhere and are preparing to invest more in the counter-cyclical period. It is obviously a period of monetary easing, but the difficulty of financing has increased. , simply..."

As he spoke, Jin Shang couldn't help but smile bitterly and shake his head. The future development can actually be traced, but the current details are actually unpredictable to no one.

The benefits of interest rate cuts have not yet emerged, and excessive optimism has already led to a rise in the prices of some assets.

The performance of the secondary market is also difficult to understand. Instead of falling when it should, it has repeatedly reached new highs, which surprised many so-called academic analysts.

If it hadn't completed financing last year, it might have been really difficult for Jinxi Mall to raise its valuation and get the money smoothly this year.

Of course, the surge in physical investment means that people's wages have risen, which indirectly drives consumption, including household appliances, consumer electronics, and daily necessities and other consumables to rise.

It’s hard to say whether you will earn more or less. Jinxi Mall’s sales did not decrease with the ebb of large subsidies. Instead, they hit a new high after a slight drop.

Mei Wenhui patted Jin Shang on the shoulder, said goodbye with a smile:

"As long as you don't go wrong in the general direction, as for the details, control the risks and don't worry about temporary fluctuations. Since you have no plans to mobilize funds for major expansion and ensure flow, I will use it first, and Minxing Bank will use it first. , first focusing on supporting real estate construction.”

"This is the right path. Do it on a large scale first, and then take advantage of the trend to increase your strength. From my side..."

Jin Shang spread his hands,

"It is estimated that there are still several years before the era of the Internet's 'manifestation of saints' comes. At present, the development of the cultural media and other relatively high-profit, and slightly higher-risk film and television entertainment industries is the main development. Online, you still have to rely on video games to make money, and other Except for Jinxi Mall, which is barely self-sufficient and has a slight surplus, they are all gold-eating beasts."

"Yes, I understand. I will wait for my father to come back in the middle of next week, and then I will visit my aunt. It has been eight months already, and you are about to have a younger brother and sister. Do you have any special feelings?"

"It's okay. After being an only child for so many years, it's not bad to have a younger brother and sister who are more than ten years apart."

There are only a few people in Lao Jin's family, and they are so far apart in age that they can't even get into the so-called conflict over family property.

After watching Mei Wenhui get into the car and leave, Jin Shang also drove to the company.

At this time, I can actually go home directly, but I still have to pick up my girlfriend from get off work, so I have to take a detour.

When I arrived at the office, there was still nearly half an hour before get off work. After going to the secretary's office and asking that there was nothing important today, Jin Shang went to Qi Zhaoyun to ask about the progress of the litigation dispute.

"An out-of-court settlement? It's not impossible. Let's talk about it first. Whether it's successful or not, let's wait and see."

Some things really don't have to be divided into right and wrong. In fact, Jinshang doesn't want to cause a quarrel between the e-commerce platform and the physical mall at this time, but once they fall out, they will not give in. When it is time to be tough, Not vague.

(End of this chapter)