Winner Takes It All, Resurrection 2009

"The most taboo in business competition is to target your competitor and his family. Is it difficult to find someone?

In this society, some people are not worth anything at all. They can get a hand or a leg for only a few hundred thousand. If you wait a few years, you can even spend some money on the street and arrange for them to be drowned in the river to feed the fish.

But you have money, and so do others. Who can't afford to spend hundreds of thousands of dollars? Especially for big shots like you who are worth billions, it's just a drop in the bucket.

But why do so few people take this step?

Because there are rules for the people below. Fighting bravely and violently on the streets will only cost you your life. You make no contribution to the society and the country. Instead, you are just parasites. Within the rules, once you are gone, you are gone.

As long as there aren't dozens lost at once, who cares?
But you are different. You are well-dressed gentlemen, an important part of the upper level of the pyramid. Your every word and action is watched closely, and you are even the leading figures in the local area.

It can be used as a positive propaganda for the city's image and as a call for learning from a role model in public reports. The more forces involved, the more restricted it will be.

Therefore, the higher you go, the more you pursue stability and emphasize mutual checks and balances. You are in me and I am in you. Even if there is a fight, there will be room for it. At most, your control over resources will be taken away.

Without endangering your life and family, why? Because stable order is a protective amulet for all the upper echelons. It is not necessary to use it, but it is a must. "

In the office of the chairman of Cheung Kong in Hong Kong, Li Bancheng patiently said to the fellow countrymen who bowed their heads and kept silent, "Even if you are a beast, you still advocate the most direct and primitive law of the jungle.

They will not easily provoke large hunters of the same type. Even if they are outnumbered, they will still test the opponent carefully until they are sure that the opponent is really old and no longer as brave as he used to be.

They will choose to launch a surprise attack from the opponent's weak point, and they must always be on guard against the opponent's counterattack before death. The smartest thing to do is to drive the wolf out and swallow the tiger, and then reap the benefits. If it doesn't work, it is better to use the method of outnumbering the minority to drive them away.

If you fight rashly, even if you only get hurt, it means exposing your weaknesses to all other competitors and putting yourself in danger. "

He looked at the sea view outside the window and said leisurely, "There is nothing wrong in buying off the middle-level managers of the Chaoxu OEM factory, making small moves in the bonded area, and using human greed to set up a trap for Qingyun in advance.

But it is extremely stupid to use the vital interests of millions of farmers in dozens of counties in several southern provinces to drag Qingyun Agriculture into the water. "

Li Bancheng had never understood why Qingyun Group’s counterattack was so brutal and ruthless.

Exposing the core insider information of Tenda in the field of Internet finance and payment software business is a game of turning the table over. What serious businessman would have such an explosive temper and leave no room for others?
For example, now, although Qingyun has won temporarily, in the long run, there will be no possibility of reconciliation between it and the businessmen from Chaozhou and the capital that started from traditional real estate in Hong Kong.

In business, it is important to make money through harmony, and the most taboo thing is to make a mortal enemy with someone, especially when your enemy is a group that cannot be completely defeated and is destined to compete, confront and tangle with you for a long time.

When making enemies, you should be more careful about the means and methods when competing, control the scope of competition, try not to use means that go beyond the rules, and win fairly, then no one can find fault with you.

When doing business, you may fight today and make peace tomorrow. You never know when there will be overlapping business. Can you stop having any dealings with each other for the rest of your life just because of a conflict?
As long as they can make money, they have no problem cooperating with the enemy who killed their father. How can they be like Qingyun Tengda? They are aiming to catch up with their competitors from the beginning!

At first, Li Bancheng was quite confused. Although he had never had direct contact with Li Zehua, he had heard from friendly merchants in Southeast Asia about the kid, who was quite particular and would not forget to share some of his meat with his friends.

But the ruthless means he used against Tengda were completely different from the rumors.

It was not until he heard that several younger generations who were engaged in retail and agricultural operations had joined forces with the four major grain traders to target Qingyun Agriculture that he realized that this was the root of the problem.

"In fact, there are more than that. In the previous agricultural futures game, some of our friends stood on the opposite side of him and suffered heavy losses."

One of the businessmen, who could no longer stay out of the matter, said with a bitter face: "At that time, I thought that Hong Kong capital had been active in the mainland for decades and had some face wherever it went.

It just so happened that I could make friends with him, so I greeted him in the name of the Hong Kong Chamber of Commerce, hoping that he would show mercy and resolve the dispute through the usual method of closing positions through over-the-counter agreements.

I never thought that the other party would show no mercy at all and actually want to kill us all..."

"Confused."

Li Bancheng said in a deep voice: "I have said long ago that the agricultural futures showdown is a complicated matter. Even I dare not touch it. How dare you get involved and have the nerve to come out and say hello.

Ahem~ Is that something you can afford? He created a planting industry chain worth tens of billions in the Western Regions in one go, benefiting millions of local people. What is the current situation in the Western Regions?

How could you not know?

Is it that economic development stability is above all else, and the most taboo in doing business is not being able to see the situation clearly?
Especially when there is not enough profit, the loss outweighs the gain!
"Father, please don't get too angry and ruin your health. The doctor has repeatedly warned you to do so."

Li Bancheng's eldest son, who was standing nearby, saw that he was getting more and more excited. He then looked at his business colleagues with gloomy faces who had come to him to seek help but were scolded instead, and hurried forward to comfort them.

Li Bancheng opened his outstretched hand and continued, "Who was the first to propose sending people north? That's just idiot."

One of them stood up tremblingly, "Yes, it's me."

Li Bancheng stared at him for a long time, until he lowered his head and trembled slightly, then he said: "I have always said that the Chamber of Commerce is a place where people can unite forever and help each other.

No matter how difficult it is, I will never sell out my friends for fame or cut off my own power for survival.

Your mistake is that you shouldn't act rashly. You should know that a lion will use all its strength to fight a rabbit, not to mention that your opponent is a tiger coming down the mountain. It is stupid to act rashly without thinking long-term. "

He didn't say it clearly.

What made him angry was that in many things, the people below him did what they wanted without telling him. One of them wanted to cooperate with capital from Jiangsu and Zhejiang in the mainland to dominate the futures market, but he couldn't get anything done under the name of the Hong Kong Chamber of Commerce.

Instead, it made the other party look down on Hong Kong Capital.

There are those who have joined forces with Squid Capital to engage in conspiracies and intrigues in private, and are unaware of crossing the bottom line, yet still hopeful and try to get away with it.

In addition, there have been some fools who have been so smart recently that they think they can just send a few people to the mainland to solve the opponent at the source and save the situation.

He was almost pissed off. If he was allowed to trade the agricultural futures himself, he would either not step forward or go all out and use all the resources that Hong Kong Capital could mobilize.

Force the Qingyun Group to make major concessions. In this way, it will not only gain economic benefits but also preserve the power of capital in Jiangsu and Zhejiang. Why is it that today it has to take action in the Magic City but cannot find a foothold to rely on?

Cooperating with Squid Capital is like seeking the skin of a tiger. He has to think twice before making every move. Even he has to be alert to deal with it, but his competitors don't care.

If you run to be the king's vanguard for a few pieces of gold, it would be strange if you don't get beaten to death.

What he could not accept the most was that Runhua, Meizhuang and Zhongxin attacked together. The three families were powerful, and Qingyun was the weakest. It was right for the old lady to pick on the weak.

But you did have a thorough plan. Whether it was in Hong Kong or somewhere in Southeast Asia, you created some noise that required the target to personally come out to resolve the situation. You could take action when he left his lair and his defenses were low.

Or you can just wait for him to fall out with Squid Capital, and then act as a guide to kill him with someone else's knife.

Both are better than rashly sending people to alert the enemy. Now not only did they fail, but they also made the other party defensive. It is conceivable that Xiangjiang Capital will face even greater difficulties in the future.

The resources in the hands of the other party are so huge that, on the premise of completely breaking off relations, the other party has a legitimate reason to act with great fanfare and can also take advantage of the capital close to the mainland, including the Huo family.

They will all stand on his side and cheer him on. How could those enemies who were previously excluded by traditional real estate developers miss such a godsend opportunity?
Even he was forced to suspend trading of Cheung Kong Holdings to prevent Southeast Asian capital from taking the opportunity to short sell. How much money would he have to invest to reverse the decline?
Once the company’s reputation is damaged, how much effort will it take to restore the impact in the future?

People at different levels look at issues from different perspectives. After being scolded by the leading figures of Hong Kong capital, the CEOs of several groups not only did not complain, but instead regained some confidence.

However, there was still the fear of retaliation from Qingyun and other related parties, so one of them bravely asked, "Mr. Li, what should we do now?
The feedback we received from the Hong Kong Communication Office was not ideal. Mr. Huo and his team were pushing the 100,000 public housing plan every day, and the legislators in the House were arguing and unable to form a unified position.

Especially the senior executive surnamed Wang, who has a very complete chain of evidence in his hands. If he is allowed to testify in court alive, the outstanding talents of the younger generation may be dragged into this.”

It's not that everyone got too deep into it, it's that the mainland market is too profitable, and for the purpose of training the next generation, each company sent young talents to the north to explore the market. Most of them started out in real estate and industry (mainly textiles, chemicals, electronics manufacturing, energy, and trade), but by the new century, almost all Hong Kong business groups disliked the slow pace of industry.

Unless there are particularly good and stable long-term projects, such as long-term operating dividend rights of ports, railways, and major transportation routes, most people will begin to shift their investment focus to real estate.

Real estate is an industry closely related to finance and financing. Before there was Internet finance, they naturally cooperated with banks and other financial institutions.

However, the speed of making money is still too slow. It usually takes more than half a year or even more than a year for a project to go from project establishment, auction, site entry to sales and cash collection (it’s just financing to acquire land, starting construction to pre-sale cash collection, not final delivery after completion).

There are more links that need to be opened up, and each project has to feed banks, financial institutions, various inspection and audit departments, and the turnover and audit efficiency is too slow.

Since Tenda’s payment software financing channel went online, they suddenly discovered that the real world is also a game and that they can use acceleration cheats.

In the past, when overseas funds came in, they needed to be laundered privately through various means. Now, you can just create a few game company aliases, resell them unscrupulously, and then directly invest in financial bonds.

It is then delivered to real estate projects, creating a sensational effect of hot sales and attracting more people to take over.

The financial institutions that originally cooperated were also pleasantly surprised to find that the mobile Internet seemed to have instantly brought the relationship between the institutions and investors closer by more than ten times.

In the past, it was necessary to go through a lot of trouble to convince investors face to face, to buy corresponding financial products, and to find suitable projects to launder investments and create added value.

Now there is no need to wait at all. As long as there is a real estate project that looks decent, there is no need to explain too much. Just set the cyclical rate of return and arrange your own funds to drive a buying spree.

It sells out in an instant.

why?
Because the coverage of telephone and computer communication was limited in the past, through the Tenda QQ software app, it can cover tens of millions or even more investors at the same time.

Although most of them are poor people, when financial institutions issue bonds, they can convert investment shares that originally cost tens of thousands or hundreds of thousands of yuan into shares that most people cannot afford.

It can be divided into one thousand, or even bought for one cent if necessary. Mobile Internet has shortened the distance between people and between institutions to an unprecedented level.

Ordinary people themselves lack the ability to dialectically discern the risks of financial products. In addition, the platforms deliberately mislead and even adopt ambiguous sales strategies, resulting in products that should not be aimed at ordinary consumers.

With a bit of beautification in the packaging, it can instantly become a star fund product with a super high return on investment. Ordinary people will rush to buy it, only to regret that their parents did not give them a second pair of hands, fearing that they will not be able to buy high-return products.

In this way, social funds are quickly concentrated, and the capital behind these funds can pay for their subsidiary projects through legal channels.

In the past, real estate investment projects could only be carried out once every six months, but now several projects can be started at the same time, and they can even be bundled and sold to enhance each other's reputation and attract many people to take over.

Those who are more daring don’t even need to wait for the sales collection cycle. They just need to keep acquiring land, raising funds, and packaging projects, because the funds in the market are inexhaustible.

In the past, were there only a few high net worth investors who could purchase products from banks and financial institutions?

Even Beijing, Shanghai, Guangzhou and Shenzhen, each city has at most a little over a million or a few million people.

Now, according to the latest data, the total number of active users of Alipay, Weifutong and Tenpay, excluding duplicate registrations, is more than 200 million.

If each person contributes 10,000 yuan, there will be more than 2 trillion yuan.

If this money is used to leverage the bank's financial leverage without control, the amount can be more than ten times, because financial institutions create more value in the same amount of time in order to transfer risks.

They will sell off their assets at a high price and mortgage their financial management products. For example, they may lend 1 million yuan to a real estate developer with an agreed repayment period of one year, with a total amount of 1.08 million yuan due.

Are financial institutions fools?
Just wait until a year before getting the money.

No, this group of one of the smartest people on the planet would use a month, or even less, to establish connections with banks or other financial institutions and sell the contract in advance to lock in profits.

When the bank took a look, it was shocked. The contract for 1.08 million yuan was secured by a large amount of physical net assets such as land, and there was a large amount of pre-sale contract income to guarantee its interests, but now it was only sold for 1.03 million yuan.

There will be a net profit of 500 million if you take it, so why not take it quickly? Don't think that the bank is stupid. Sometimes it may not even be able to complete the loan task.

Moreover, after they get the property, they don't necessarily have to wait to collect interest. They can also find an affiliated company to buy it for 1.06 million yuan. The other party has the profit guarantee of this contract.

You can also borrow 100 million yuan or even more from the bank. Since there is a contract to back it up, no one has to worry about problems with the collateral (unless the real estate business collapses).

Therefore, with the acceleration of mobile Internet financial business, everyone linked together one thing after another, and in just a few months, they developed a new model of bundling and making money at each level.

Hong Kong's old real estate companies already have a large number of complex social relationships and even more complex sources of funds, and they took advantage of the key resources of Tengda.

It seems that they are determined to eat up all the fat before the regulators can react.

Therefore, there were tens of billions of idle funds on Tengda’s books, which were transferred back and forth among the internal accounts. The key point was that everyone was making money!
Ordinary people who deposit their change into payment apps and earn high interest, foundations that pay high costs to raise funds, companies that receive investments, as well as banks and other financial institutions.

In short, everyone involved is making money, as if the profits are falling out of thin air.

The local government offices were even grinning from ear to ear, completely turning a blind eye to some of the hidden dangers.

So who is the loser in the end?
Ordinary consumers and workers.

Whether buying a house, a car or any other item at this stage, you are paying for the bubble economy, while workers have it easier, with the same working hours and effort.

The wage money earned seems to have increased (the basic salary increases every year), but the purchasing power is declining, and even prices, especially housing prices, have begun to skyrocket.

All at once, you can reap the future for decades.

So as soon as the investigation team entered Tengda and began a thorough investigation, everyone along the entire line panicked. It was a joke. If this lasted for a month or two, everyone would be buried with them.

Li Bancheng obviously thought of this as well.

His eyes were fixed directly on Qingyun, and when the others heard his thoughts, they were all puzzled.

"Isn't it a little late to besiege Wei to save Zhao?"

"What's the point of besieging Wei to save Zhao? This is just a cuckoo taking over the magpie's nest. Since Tengda can't continue, let's use WeChat Pay as a replacement."

As Li Bancheng spoke, everyone else was stunned. No one could imagine that Qingyun had the need to compromise with them.

"Now that the arrow has been shot, there is no turning back. Tengda has a lot of fatal evidence on our colleagues in Hong Kong. If we allow the investigation to continue, even if it ends up with nothing, it will be a disaster.

Everyone will be completely dragged down and scattered.

Not to mention that during this period, someone had a fatal handle on us, so no one dared to act rashly. They could only be forced to be yes-men and constantly give up their core interests. When the matter was over and the general trend was set, how could they change? "

Li Bancheng's eyes were filled with murderous intent. "Yutai Capital can help them for the sake of profit, and can also come back for the sake of profit. Qingyun is indeed powerful, but Li Zehua himself may not be.

As long as he has problems, Qingyun will be leaderless and in a panic, and that will be our chance to strike!"

These words were so decisive that everyone was stunned. They all thought to themselves, how could he be the richest man? If he made a wrong move, he would lose everything.

He dared to take risks and try to go one step further. He is really a man of great skill and courage! (End of this chapter)