The youngest son of the chaebol family, Hu Mou Xianmin

Chapter 147 Nintendo's Dilemma
"It's not a big problem. At present, we have less than 20 billion funds to enter the currency market." As a veteran trader, he has experienced many storms and waves over the years. This small scene of unfavorable start still cannot shake his determination. !

"We will continue to follow up and always pay attention to the movements of Soros and others! If there are any changes in the currency market, report to me in time!" After a few words of comfort, Eric once again told them to continue to pay attention to the trends in the international currency market.

"OK!" The brothers were relieved when they heard Eric say that.

……

——————Split offline————————

In the country of the sun far to the northeast, the situation in the country is not much better at the moment.Since 1991, when the central bank of the Sun Country implemented macro-control and implemented monetary tightening policy, the interest rate of the yen rose to 6%, and a large amount of hot money began to withdraw from the stock market and real estate industry of the Sun Country, causing the stock market and housing prices of the entire Sun Country to almost halve. It's been a few years and it still hasn't recovered.

At the beginning, the hands and feet of the beautiful country were tied up by the "Plaza" agreement on the appreciation of the yen, and the sun country began to decline for more than ten years. The rise of Southeast Asian economies gave the sun country hope.So when countries such as the "Four Little Dragons" and "Four Little Tigers" emerged in Asia, Sun Country also sold its cars, imaging products, game products, etc. to Southeast Asia.Even the famous Panasonic and Sony have branches in Malaysia and Indonesia, and Yaohan is headquartered in Xiangjiang.

But this time the financial turmoil sweeping through Asia came too suddenly, and the unprepared companies in the Sun Country suffered heavy losses, such as Mitsui, Sumitomo, Itochu, Marubeni and other trading-oriented companies. Due to the damage to import and export, the company's business directly There was a huge loss, and the loss was heavy.

The domestic stock market also continued to fall. Even if the Sun Kingdom government wanted to intervene, it had little effect.In order to avoid becoming the hunting target of international speculators, the Sun Country officials issued a note to the beautiful country on the other side of the Pacific. If Soros and other speculators attack Japan, they will also sell off more than 2000 billion US dollars in foreign exchange reserves in order to This hedge against the depreciation of the yen!It was this attitude of "die together" that made Beautiful Country come forward to warn Soros and others.

Even so, the domestic situation in the Sun Country is still not optimistic. As a large number of companies' exports have been hit hard, the company's stock price has fallen in response. The stock market has begun to fall from more than 40000 points, and it has gradually entered the stage of economic depression.

Nintendo, the former gaming console giant, is in trouble.Originally, in the 90s, Nintendo had formed an absolute monopoly in the home game console market. However, the emergence of CD-based game consoles on the market has severely impacted Nintendo's market share and sales.The biggest competitor among them was Sega. Seeing Sega's success, Nintendo sought cooperation from Sony with the intention of attacking Sega. However, in the later stages of the cooperation, Nintendo worried that Sony would plot its own product data, so the cooperation ultimately came to nothing.

Although Nintendo released its own Virtual Boy in 1995, the sales volume was very dismal, and the game lineup was relatively mediocre. At the same time, Sony seized the opportunity to frantically snatch Nintendo’s game market resources, and “rebelled” Nintendo’s partner, Nintendo’s palm The era of machine domination has thus come to an end.The conservative ip authorization and business cooperation made Nintendo bear a lot of infamy. During this period, Microsoft and Sony, including Sega, rose one after another, and the PS series and Xbox series began to gradually catch up with Nintendo.

Under the "internal and external troubles", Hiroshi Yamauchi, then the president (president) of Nintendo Game Production Company, was in a terrible mood at the moment.If they can't come up with a new method, they can only watch their shares being continuously eroded by those later "little brothers", and their Nintendo can only go into decline.

"President, let's find new partners. It's hard to monopolize the handheld market. We must explore and enter other game markets!" A confidant on the side made a pertinent suggestion to the old leader.With the entry of three strong competitors, Sony, Microsoft and Sega, the handheld console market can be said to be crowded with many heroes.

"Looking for a partner? At the beginning we found Sony to cooperate, but what happened? It was an unfamiliar white-eyed wolf!" Hiroshi Yamauchi remembered that he had cooperated before, and finally fought back, betraying the "comrade friendship" Sony. Very angry, Sony's group of "sluts" disgusted him even more than Sega's later period!

Hiroshi Yamauchi's words undoubtedly left his subordinates speechless. When he first cooperated with Sony, he thought that they could join forces and strangle rising stars like Sega in the cradle. In the end, not only did he fail to do so, but he was stabbed in the back by Sony. The result was really heartbreaking for them.

Another subordinate said with some reluctance, "President, let's go overseas to find a partner!... Miracle Group, which came to us two years ago to negotiate a stake and investment, is doing quite well in Bangzi Country now. We are almost catching up with those old chaebols in Bangzi Kingdom! And that Nexon game entertainment company, they have quite advanced technology in the field of computer game production, and we can also cooperate with them to produce our own CD game console!"

The subordinate's proposal immediately opened up Yamauchi Hiroshi's thoughts, "Yes! You can't find reliable allies in China, so you can go overseas to find them! This Miracle Group was willing to invest in it before, or even wanted to take a share, so we can do it It is very possible to discuss cooperation with them again!"

"Okay, then you contact Bangzi Country as soon as possible. If this Miracle Group and Nexon Game Entertainment are willing to cooperate, then we will talk to them. This time, I must completely defeat Sony and Sega. !" Thinking of his former teammates and juniors who are now working together to attack Nintendo, Hiroshi Yamauchi holds a grudge in his heart. As long as there is a chance, he will definitely take revenge!

"Yes, President! Let's get in touch right away!" The subordinate immediately replied respectfully when he heard President Hiroshi Yamauchi say this.

……

In the country of Bangzi, the heart is fasting.

On the weekend again, Chen Runji's family came to Zhengxinzhai as usual to participate in the family's family gathering.This time, Chen Daojun brought Mou Xianmin, his fiancée, over.The old lady Li Biyu was also very happy to see her little grandson and grandson-in-law-to-be, and took Mou Xianmin to gossip.This made the eldest aunt Sun Zhenglai and the second aunt Liu Zhina quite jealous.You must know that Jin Xiuzhu, the daughter-in-law of the eldest grandson Chen Xingjun, did not make this old lady like her so much!
(End of this chapter)