Rebirth starts with small money

Chapter 598 Wu Family and Zheng Family

The Ms. Wu that Chen Li knew~full name is Wu Minyi, and her husband's family is a descendant of a family surnamed Zheng in Hong Kong.
But this "Zheng" of her husband's family has nothing to do with the famous Zheng's family in Hong Kong City.

In fact~ whether it is Wu Minyi's family or her husband's family, talking about the family is somewhat flattering them.

These two can only be regarded as ordinary rich merchant families in Hong Kong City, barely qualified to be included in the class of small rich people.

But in Hong Kong City, money alone is not enough, otherwise, Li's richest man would have been called No.1 in Hong Kong City many years ago.

But in fact, even in 2000, the richest man Li dared not say that he was No. 1 in Hong Kong City. It was not that he didn't have that much money, but something else!

So whether it is the Wu family~ or the Zheng family of her husband's family, their status in Hong Kong City is not very high.

Of course, this kind of thing depends on the comparison. Compared with people like Li's richest man, Liu, they are naturally nothing, but if they are compared with ordinary people, it is another matter.

No matter how bad it is~ their wealth is clearly there, especially in the mainland at this moment, anyone has to be called a big boss from Hong Kong City.

But~ With the changes of the economic era, even those big bosses sometimes stumble, let alone these little rich people.

For example, Ms. Wu's family and her husband's Zheng family suffered heavy losses in the Asian financial crisis a few years ago.

Speaking of this~ I have to mention one thing, the people in this Hong Kong city~ are really almost the whole people speculating in stocks.

Although this statement is not very rigorous, it is a fact.

But this also means that once there is a huge fluctuation in the stock market, the hearts of the people in Hong Kong will follow the curve of the stock market.

And this Ms. Wu Minyi Wu is a shrewd person. After experiencing the last Asian financial crisis, Ms. Wu put her mind on the capital market on the other side of the ocean.

In just two or three years, thanks to the continuous rise of Internet technology stocks, Ms. Wu not only revived the already weakened family, but even brought a lot of floating profits to the family.

Especially this year, Nasdaq even broke through 5500 points, and the funds invested by the Wu family and the Zheng family in the US capital market can be said to have doubled several times.

It's a pity that a thunderbolt suddenly exploded in the clear sky, and the two companies that hadn't had time to leave the capital market were directly locked up.

Yes~ In fact, the skyrocketing Nasdaq index has already made many people feel the danger, but even if the vast majority of people perceive the risk, they will not feel that the risk will fall on them.

The Wu family and the Zheng family are typical examples. With Ms. Wu's shrewdness~ she has clearly discovered the potential danger of this bubble crisis, but when she told the rest of the family about the risk, the reply she got was
"The situation is so good now, how can it fall?"

"What if it doesn't fall?"

"If you want to fall, it is not now!"

"Even if it falls~ it doesn't necessarily mean that the stocks we bought fell!"

".!"

Obviously, under Ms. Wu's constant reminders, everyone is not unaware of the risks involved.

It's just that compared to that little risk, everyone is not willing to give up the benefits that are almost at your fingertips.

After all~ before the Internet bubble crisis completely burst, their wealth was increasing almost every day!
Then ~ Ms. Wu was persuaded!

Yes~ Today, Ms. Wu is indeed very smart in business, and it is for this reason that she has even gained the trust of her husband's family, and most of the business of the Zheng family has been entrusted to her to take care of.

But no matter how smart a person is~ it is impossible not to make mistakes. This time, Ms. Wu made this mistake.

Under the endless persuasion of her family, Ms. Wu also felt that although there was a certain risk in continuing, she also felt that even if the risk came, the injured person might not necessarily be herself.

After all, the facts of the past years have proved that Ms. Wu's luck has always been very good.

It is precisely because of past successes that Ms. Wu is full of confidence. This time~ she also feels that she can survive the crisis that may not necessarily come.

But the facts proved that Ms. Wu was too confident. Once the Internet bubble crisis broke out, it quickly detonated the entire Nasdaq and US stocks with thunderous momentum, and even spread to the whole world.

The Wu family and Zheng family who wanted to flee at this time not only failed to keep their original interests, but even lost the profits they had earned in the past two or three years.

So far ~ the Wu family and the Zheng family have returned to the appearance after the last Asian financial crisis, which can be said to be regrettable.

But the only good thing is that neither the Wu family nor the Zheng family attributed the failure to Ms. Wu alone.

After all, Ms. Wu also made suggestions at the beginning, but everyone didn't listen.

This point is not like those in those film and television dramas. At this time, everyone usually blames Ms. Wu alone.

But~ this is not to say that these two are really so reasonable, but because they are very aware of a reality.
At this moment~ whether it is the Wu family or the Zheng family, there is only one person who has the chance to turn the tide, and that is...
Wu Minyi ~ Ms. Wu!
If Ms. Wu can still turn the tide and save the two small families this time, then everyone will be happy.

But if...failed!Some things are hard to say.

It is precisely for this reason that Ms. Wu first sent her relatively trusted brother-in-law to the mainland to look for opportunities for development.

It has to be said that Ms. Wu's vision is really very precise. After all, with the strength of the Wu family and the Zheng family, the chances of finding a chance to turn around in Hong Kong City are pitifully small.

In fact, the last time Chen Li was able to meet Ms. Wu at the auction of the big brother Liu, it was because she wanted to go there to try her luck that day, but this time her luck was not so good, although it was not considered a hit~ But the opportunity But it didn't take her side.

At this time, Ms. Wu also realized a problem. At this moment, Hong Kong City~ seems to be unable to find a chance for the two companies to come back again.

Only the inland, which is booming at the moment, is the future of the Wu family and the Zheng family.

It was also for this reason that Ms. Wu took a flight to Yanjing on the second day of the auction, and happened to meet Chen Li who also returned to Yanjing on the flight.

This time when she went to Yanjing, Ms. Wu not only inspected the industries that Zheng’s brother-in-law had inspected before, but also had another goal to inspect the Internet in the Mainland.

In the past two years, the Wu family and the Zheng family had made a fortune in the capital market of the United States by relying on Internet technology stocks, and based on this, they had a certain understanding of the computer Internet.

If it was before, Ms. Wu actually somewhat looked down on the development of the Internet in the Mainland. After all, the development of the Mainland is too late, and even the current results can only be regarded as mediocre.

But after the dot-com bubble burst, because the Internet industry in the mainland just started, it just happened to escape the huge impact of this dot-com bubble crisis.

Although the Internet industry in the mainland has been affected to some extent, it is also the impact of this crisis that has become an opportunity in Ms. Wu's eyes.

Still the same sentence~ Ms. Wu is very optimistic about the development of the mainland, of course~ she also has to be optimistic about the development of the mainland.

And because she is optimistic about the development of the mainland, she believes that sooner or later the Internet industry in the mainland will grow and grow ~ reach a certain height.

It's just that she hasn't found a good opportunity on the Internet, but first found a possibility to take off from her uncle.

As a person who used to be in charge of Zhengjia Food Company, Ms. Wu really knows the meaning of high-end ingredients.

The reason why she was able to revitalize the Zheng family's food company before was actually only relying on a noble person she had met inadvertently.

It is precisely by relying on the contacts of that noble person that the Zheng family has obtained a lot of sources of high-end ingredients. Based on this~, it can be regarded as revitalizing the Zheng family's company.

So ~ the importance of a high-end food source. Ms. Wu knows better than anyone else.

It's not that high-end ingredients can make much profit for the Zheng family and the Wu family, but that having a stable source of high-end ingredients can open up many doors that she couldn't reach before.

Simply relying on selling ingredients to make money. That is definitely the lowest-end approach.

So ~ this is also the reason why Ms. Wu approached Chen Li.

But~ Chen Li and Xu Xing misunderstood Ms. Wu, she really liked Dianping, not only Dianping~ but also Chen Li’s panda QQ.

But. There is a problem here. Both Dianping.com and Panda QQ are Chen Li's business.

According to Ms. Wu's investigation during this period, Chen Li was not short of money at all.

Before she said that she could spend 2000 million Hong Kong dollars to invest in Dianping.com, it was because she was sure that this amount of money would never impress Chen Li.

Not to mention 2000 million Hong Kong dollars~ Just take out all the current family assets of the Zheng family and the Wu family~ It may be difficult to impress Chen Li today.

She knew very well that Chen Li's fund manager was known as the queen of short selling in Hong Kong City, so how could she do it with a mere 2000 million Hong Kong dollars? 2000 million US dollars is almost the same!

So... when Xu Xing said before that she used investing in the Internet as a cover, she couldn't explain in detail at all.

After all, if the explanation is too detailed. If she really agrees, then she really doesn't know what to do.

Of course ~ 2000 million Hong Kong dollars is naturally available to her, but with such a large amount of working capital, basically other companies under her name should not be opened.

This is what makes the small rich in Hong Kong feel uncomfortable. Each of them has hundreds of millions of assets at every turn, but when they really need to spend money, it is not so easy.

It's not that it can't be taken out, but that it needs turnover!
Therefore, in many film and television dramas, some companies often have problems with capital turnover, and eventually even lead to bankruptcy.

In fact, there are many such situations in reality!
But this doesn’t exist on Chen Li’s side. Chen Li is like having the fear of insufficient funds, not to mention the inconvenience of the company’s cash flow, even as long as the company’s liquidity is slightly less, he will start to panic. .

When the stock market rose sharply because of Microsoft's sudden announcement of good news a year ago, why did Chen Li let Mu Xiaoqing quit in the first place?

It's not that he doesn't know the stimulating effect of such good news on the stock market, but that he really doesn't dare to gamble.

You must know that at that time, he almost exhausted the liquidity of all the companies under his name. If there was any problem in the stock market, it would be difficult for him to imagine the consequences.

Although because of the rebirth and the existence of the system, he is confident to make a comeback even if he fails, but being guaranteed does not mean that he is not panicked.

So after the outbreak of the bubble crisis, even though Chen Li knew that only by keeping those funds in the capital market can he maximize his benefits, Chen Li still withdrew part of the funds one after another.

Now~ the several companies under his name, even Dianping.com, which is temporarily not making money, have sufficient liquidity so that they can almost flow out of oil.

But someone who can do what Chen Li does~ Even if you look at the whole country, you probably won't find many people.

This time, when Ren Xiaobo went to Hong Kong City for inspection, at first, under the arrangement of the other party, naturally he couldn't find any problems.

However, with the help of Mu Xiaoqing, Ren Xiaobo soon learned the real situation of the other party.

After all, this is the year 2000. Although it is not the era of information explosion, many things cannot be hidden.

The news that the Wu family and the Zheng family suffered heavy losses in the US capital market, although few outsiders know about it, it is not a problem for Mu Xiaoqing to inquire about it.

You must know that Mu Xiaoqing is the queen of short selling now~ she is also a super big client of a securities company.

So... that's how things are now!
Both the Wu family~ and the Zheng family were greatly affected by the fiasco in the capital market.

It is reported that the Zheng family tried to change the terms of cooperation with the supplier some time ago, changing the original monthly payment cooperation to quarterly payment.

But this proposal was met with collective opposition from suppliers!
And not only objected, but also because of this move, two of its suppliers even broke off their cooperation with the Zheng family.

Ms. Wu didn't know about this matter~, or she didn't know on the surface.

Because Ms. Wu later tried to restore the two suppliers on the grounds that she did not know, but the result was unsuccessful.

As for the truth of the matter. This thing is not important.

Anyway, in the end, Ms. Wu appeased other suppliers and gave up the idea of ​​changing the terms of cooperation.

In fact, when Chen Li heard about this, he roughly guessed what was tricky about it.

I'm afraid that Ms. Wu is not ignorant ~ she just regards herself as the last step in testing suppliers!
If the other party agrees, everyone will be happy, but if the other party does not agree, then she can also come forward and try to make changes.

"Boss~ I suggest canceling the cooperation plan with them."

"after all."

On the phone, Ren Xiaobo told Chen Li the ins and outs of the matter.

And these news all show one thing, that is, the Zheng family is very difficult now!
Not only the Zheng family, but even the Wu family may not be having a good time.

"No~!"

"Don't rush to make a decision!"

Before Ren Xiaobo finished speaking, Chen Li interrupted him.

"You investigate again!"

"Look at the Zheng family's food company. It's in trouble because of some problem."

"Is it a purely financial problem, or a company management problem!"

"This is very important~ You can ask Mu Xiaoqing for help!"

After hanging up the phone, Chen Li looked at Chen Xue who was wandering in front of the dance club's recruiting booth, and quickly walked a few steps.

"No~ wait!"

"Think again!"

(End of this chapter)