Coquettish Rebirth

Jia Hongjian not only has potential in film, when this country began to reform and open up, they were still in their infancy, but now he has begun to subvert all seemingly powerful things, he is born a global The modernized generation is a generation born with a "seamless connection" with the Internet. ∑, not to mention that as a reborn, he has seized every opportunity in the past ten years extremely effectively!He grew up in an open family and society, without suffering from ideology, without traditional fetters and burdens, and without the troubles of the property rights system. He is luckier than all previous businessmen, and as a reborn, he can avoid A lot of suffering, you can quit early when you have to go to the pit in many fields!

Although the real estate market in China is growing explosively all the way, many young talents working hard in the domestic IT industry are regretting how they became IT dogs in the first place?It would have been great if I had entered the real estate industry back then.At such a time, Jia Hongjian did not get involved in the wave of real estate.He's not stupid, he's even quite shrewd!What is the status of Jia Hongjian and their Jia family now?To put it bluntly, it is the same as Cheng Long's status in the film industry, so some feather colors must be considered!Cheng Long considers not to teach young people badly, this is for the sake of word of mouth, and for the sake of going further in the future.The Jia family can't get involved in areas where there may be public anger, because it may be disadvantageous to such a huge group like them in the future.

Although not entering the real estate market seems to make a lot less money, Jia Hongjian can definitely earn back in other aspects.For example, in the BlackBerry mobile phone that he once invested in, Jia Hongjian invested in a small Canadian mobile phone company n years ago and injected tens of millions of dollars into them. Then at the beginning of 06, he had already run away. the way.It was shortly after the sale of their sphone that he sold a large amount of his shares.When he sold, the stock price of BlackBerry was $240 a share, and when he bought it, it was $2.4 a share.How much money was made in the middle... There is no need to calculate it carefully, at least take a look at how many times the stock price has doubled to know!

Is there anything better than making money from this kind of investment as a reborn person?Or how do Americans play with finance?The fastest way to get money from finance!What bullshit real estate comes for money.Then the money has to be worked hard to build a house!I have to work hard to sell it!Don't be too happy for this reborn person to make money in finance!After buying Blackberry stock, did Jia Hongjian take care of it?No, he just occasionally looked at the stock price trend of BlackBerry, and never cared about it.After a few years, it is estimated that it is almost the same. Once the stock is sold, it will directly make a hundred times the profit!How cool is the housing market?And it's not just a BlackBerry!Like domestic Mengniu, Jia Hongjian and the others have also slowly sold their stocks, although Mengniu will also develop in the future.But Jia Hongjian felt that enough was enough, and he didn't want to squeeze profits to the extreme, and he didn't know when the melamine outbreak might happen. The real thing is in the pocket, otherwise the money is equivalent to someone else's!

When they invested in Mengniu back then, Jia Hongjian and the others spent one billion yuan and took 500% to 07% of the shares.Today, the market value of Mengniu has reached more than 70 billion yuan. After selling 70% to [-]% of the shares, although the stock price has dropped a lot.But how much money did we earn?Not to mention that after [-], Jia Hongjian sold the shares of PetroChina and Sinopec in his spare time. The money he exchanged for each of these sales was too much!When he invested in these two companies back then, they both invested US$[-] billion, in US dollars!And now the stock prices of Sinopec and PetroChina have soared more than [-] times the price when Jia Hongjian and the others bought them!Don't be so cool about selling this!Don't care about anything, don't worry about anything.Spend the money, and then wait a few years to get it back, that is more than [-] times of growth, how much will it grow on average every year?Is this stuff more profitable than usury!How can building a house make so much money!

It can be said that Jia Hongjian and Huaxia Hi-Tech are moving at a rapid speed.Shaped China's first company and brand with world influence!While Jia Hongjian and Cheng Long were teaching editing, Alan Greenspan, who had served as chairman of the Federal Reserve for 18 years and had just retired last year, published his memoir "Troubled Times: Adventures in a New World".The 81-year-old "money old man" commented on the world's important powers one by one.He said that Britain, an old European powerhouse, "will develop well", Russia, which has abundant energy reserves, "should completely restore the rule of law to further develop", and India, which has an eye-catching performance in heavy industry and IT services, has "huge potential". Japan, whose macro economy continues to be sluggish, still maintains a "strong force". In addition, he changed his habit of speaking ambiguously, and made a clear comparison between the US and Chinese economies. He expressed concern about the future of the former, while predicting the future. The latter will become America's top contender in 1991."How China further embraces the global market will determine the fate of the global economy," he said.

Spahn's views represent the mainstream voice in the West.Indeed, in many respects, the future of the United States is more unpredictable than that of a rising China.In terms of international affairs, not only is it difficult to get out of the quagmire of the Iraq war, but also its relationship with Iran, another major country in the Middle East, has become extremely tense.Domestically, the upcoming 2008 presidential election has diverted all attention, and all policies have become election tools.In the spring of this year, a monetary crisis was slowly approaching.Just when Jia Hongjian and Cheng Long were learning how to edit, and suddenly went home to rest at night, he suddenly noticed that in March 2007, the second largest subprime mortgage lender in the United States, Financial Corporation, declared that it was on the verge of bankruptcy, and thus Detonated the unprecedented subprime debt crisis.The so-called subprime mortgage crisis refers to housing loans with higher interest rates issued by banks to customers with poor credit records and difficult to obtain loans under normal circumstances.

Why do banks give out loans to people who probably can't afford it?Because in the past few years, the real estate market in the United States was booming, and many mortgage companies or banks got involved in the subprime mortgage business in order to expand their business.In this way, they know that the customer is likely to default, but what they want is the default, because once the customer defaults, the supply will be cut off.They can repossess the mortgaged house, and then it can be auctioned.Don’t forget that the U.S. real estate market has been booming in the past few years. It’s so hot that banks and mortgage companies feel that the profits they can make from taking back the house and auctioning it in a few years are much more than the interest they charge on the loan!Under such a kind of obsessive greed, various financial companies and banks in the United States have begun to make great strides into the subprime mortgage field.They all know that the property market cannot be hot all the way.In case the real estate market fails one day, everyone may die in it.But having said that, this is just like Bo silly game, to see who stays in the real estate market when it is cold, whoever will suffer the most!If he ran away before, wouldn't he make a lot of money without risk?

Seeing that the American financial company started to go wrong, Jia Hongjian suddenly became alert!Why is there going to be a problem in the United States now?Wasn’t the real estate market pretty good in the past two years?Now suddenly the property market has deteriorated?He hurriedly paid attention to the relevant news.It turned out that after entering 2006, the U.S. housing market was in a downturn and interest rates continued to rise, and subprime mortgage borrowers could not repay on time.A large proportion of subprime mortgages were transformed into bad debts, which began to induce the subprime mortgage crisis in the United States.Numerous financial institutions suffered heavy losses.Affected by it, major global stock markets plummeted one after another. In the two weeks in December 06, the market value evaporated more than 12 trillion US dollars.The foreign exchange market also fluctuated violently. The European Union and the Japanese government came to rescue one after another. All the five major investment banks on Wall Street suffered heavy losses.The chairman of Merrill Lynch, the chairman of Citibank, and the president of Bear Stearns resigned one after another.By the beginning of 2, 07% of borrowers in the United States fell into a family crisis because they could not repay their loans.In the innovation of new technology.The innovation theory represented by Silicon Valley seems to have come to an end. Some experts predict that almost all important Internet technologies have been invented. With the advent of the application era, the locomotive effect of the US economy will continue to decline.

What's more serious is that as the US subprime mortgage market crisis expanded to other financial fields.Banks generally choose to raise loan interest rates and reduce the number of loans, resulting in a looming crisis of insufficient liquidity in the world's major financial markets. On the 9th, after BNP Paribas announced the suspension of trading of its three funds, investors' concerns about the credit market intensified, causing European and US stock markets to fall sharply.in.The New York stock market Dow Jones 30 industrial stock average price index fell 387.18 points from the previous trading day, closing at 2.83%.Market analysts pointed out that if the US subprime mortgage market crisis is further escalated and expanded to more financial fields, it will lead to more severe turmoil in the global financial market.Moreover, if the crisis affects the main driving force of US economic growth --- personal consumption expenditure, it will have a negative impact on US and global economic growth.

Facing the crisis in the US subprime mortgage market that has formed or even expanded, the central banks of the US, the Eurozone and Japan are taking active actions, hoping to restore investor confidence and maintain financial market stability by providing huge amounts of funds to the money market.The European Central Bank announced that it will provide 948 billion euros in funds to relevant banks.The European Central Bank once again announced that it will inject 610 billion euros into the euro zone banking system to ease the liquidity shortage caused by the US subprime mortgage crisis and stabilize the credit market.The Federal Reserve Bank of New York, a subsidiary of the Federal Reserve, injected $9 billion into the banking system on the 240th.The Bank of Japan announced that it will inject 1 trillion yen into the Japanese money market.The subprime debt crisis in the United States was like a storm cloud. Not only did the Dow continue to plunge, but the three major European stock market indexes, the Nikkei Index, and the Hang Seng Index also plummeted.

The financial turmoil caused by the loan crisis is coming!As a reborn person, Jia Hongjian knew that this time was a big deal!Since the outbreak of the credit crisis in a small area in 2007, it has caused great impact and damage to the international financial order, causing a strong credit tightening effect in the financial market, and exposing the long-term accumulated systemic financial risks in the international financial system.The financial crisis triggered by the subprime mortgage crisis is the most serious financial crisis in the United States since the "Great Depression" in the 20s.The subprime mortgage crisis that originated in the United States is spreading to the whole world, the global financial system has been greatly affected, and the crisis has hit the real economy.China is also affected by the subprime mortgage crisis.

Excessive innovation of financial instruments, distorted interests of credit rating agencies, and deregulation of monetary policy are the main reasons for the subprime mortgage crisis in the United States.Although the U.S. government’s response measures such as substantial capital injection, continuous interest rate cuts, and direct intervention have achieved certain results, they have not fundamentally solved the problem.The enlightenment brought to us from this is: the financial control policy must conform to the economic situation and the law of cyclical fluctuations; we should promote the innovation of financial products and their systems on the basis of strengthening financial supervision and improving the risk prevention mechanism; we should seize favorable opportunities , Encourage overseas asset mergers and acquisitions, optimize overseas asset structure, and diversify overseas asset risks. (To be continued..)