Revisiting Future Path

Chapter 179: Cut apple

The footsteps of the 180th capital crisis

Some users saw Apple cut into two pieces by Jiang Hongxing, and they couldn't help but vomit: "This game...just now I threw Sapientia30103, which is very similar to the iPhone, into the trash can; the mobile game starts and cuts Apple into two continuously. Look. Come on, Ji Woo is really on the bar with Apple."

This is a misunderstanding.

Wei Dongsheng actually had no intention of this.

Although Zhiyu sued Apple for infringement is a killer move, the effect is very limited. Just as Nokia cannot contain Zhiyu in the Chinese market, Zhiyu cannot substantially influence Apple's iPhone sales in the US market. China has market barriers in China, and the United States has market barriers in the United States. The United States is still banning the sale of low-end devices using Nation series chips on the grounds of national security. Zhiyu Technology’s self-produced Leader chip Zhiyu Music and other mobile phones have even more Don't want to sell to the North American market.

Apple has just stepped into the field of mobile phones, and Jobs is no longer confident that he can't expect the iPhone to sell over 100 million dollars worldwide. Looking at the North American market, Apple's main rivals are Nokia, BlackBerry, etc., rather than Zhiyu, who cannot step into the North American market. The two companies currently have no direct competition, and there is no need to be fierce enough to play tricks on mobile games.

However, Wei Dongsheng estimated that the explanation for this matter is not clear.

If you update "Fruit", take the apple to avoid disputes, or it will lead to the counter-effect of "Zhi Woo fears the apple". Rather than leave the world with such a cowardly impression, it is better to keep the original version and cut the apple when it is time to cut it.

Just misunderstand.

Wei Dongsheng sat in the guest seat and listened to Jiang Hongxing to demonstrate the various features of Sapientia_3G. In truth, Jiang Hongxing outperformed Wei Dongsheng ten times in impromptu speech. If Wei Dongsheng introduces the functions of Sapientia_3G to the audience, I am afraid that he can only talk about some big truths, and then some boring figures; while Jiang Hongxing has a talent for jokes, and uses one story after another to deepen the impression he wants the audience to remember. .

An assistant walked up to Wei Dongsheng lightly: "Mr. Wei, Cao Jun, general manager of Xidian Jietong, asked to talk to you directly."

Wei Dongsheng waved his hand and refused: "Let him find Wang Jianzhou of China Mobile and the true talents of Datang Telecom."

No need to think about it, XD Jietong contacted Wei Dongsheng for the WAPI standard.

Wei Dongsheng has integrated the wireless LAN solution into 3G, and China Mobile has launched the second phase of TD-SCDMA bidding. After China Mobile will gradually spread the "dual-mode solution" compatible with WIFI and WIPI throughout the country, the WAPI standard will certainly be gradually adopted by Zhiyu The new WIPI standard proposed by Telecom has been eliminated in fact. Waiting for Zhiyu Integrated Circuit Design Company to launch the Nation series of low-end chips adapted to 3G, and when Huaguo mobile phones have accepted the WIPI standard, the WAPI standard of Xidian Jietong will definitely be thrown into the historical trash can. WAPI can rely on the barriers of the Chinese market and fight WIFI fiercely, but it can't match WIPI, which is on the 3G express.

XD Jietong contacted Wei Dongsheng, and it must be unwilling to withdraw from WAPI, and would like to discuss cooperation conditions with Zhiyu Telecom.

However, Wei Dongsheng had already obtained the wireless LAN solution he wanted in a curved way to save the country, and he was too lazy to waste his energy to talk with Xidian Jietong and simply pushed the matter to Datang Telecom and China Mobile.

This assistant just left, and another assistant came.

With the increase in business, more and more things Wei Dongsheng decided on. When Wei Dongsheng got busy, he would go round and round, more tired than sitting in front of a computer and typing code.

The assistant briefly reported: "Mr. Wei, Chunqiu searches for the phone number of Vice Chairman Gong Qiuqiu."

Wei Dongsheng: "Is there a confidentiality level?"

Assistant: "No."

Wei Dongsheng: "Call me."

Wei Dongsheng answered the phone and confirmed with Gong Qiuqiu: "Sister-in-law, this is Wei Dongsheng."

Gong Qiuqiu's voice soon sounded: "It's around eleven on your side, right."

Wei Dongsheng: "It's almost eleven o'clock, are you in New York?"

Gong Qiuqiu is in the United States, there is a time difference with China, and greetings seem to be commonplace. However, this question and answer is not just a question of time. Wei Dongsheng had agreed with Gong Qiuqiu that if she felt that the call was unsafe, she would speak the first sentence about jet lag. Gong Qiuqiu opened her mouth and talked about the time, which means that this call is very likely to be monitored and intercepted by some forces, but her life is not in danger for the time being.

Wei Dongsheng took out a Sapientia_3G and entered a passphrase into a program to immediately initiate reverse investigation. Wei Dongsheng didn't stop the eavesdropping behavior of some forces, and calmly continued to communicate with Gong Qiuqiu. Gong Qiuqiu also didn't notice the panic after being tapped. The flat voice seemed to contain uncontrollable excitement: "A good news, a bad news, which one do you want to hear first?"

Wei Dongsheng: "All the hardships will come, let's hear the bad news first."

Gong Qiuqiu: "I was restricted from leaving the country by the U.S. government, and I am afraid they have also monitored my daily calls."

Wei Dongsheng was stunned.

Gong Qiuqiu had already told Wei Dongsheng that she was being monitored through the topic of time, and Wei Dongsheng also replied with accurate rhetoric indicating that he had received Gong Qiuqiu's warning. Wei Dongsheng never expected that Gong Qiuqiu would talk about her being monitored in an upright manner, simply showing disdain to the monitor: "I know you are monitoring me, but I don't care."

However, the restriction of Gong Qiuqiu from leaving the country by the US government is obviously more serious than being monitored.

Wei Dongsheng didn't want to understand for a while: "Why?"

Gong Qiuqiu: "We made it!"

When Gong Qiuqiu said this, his excitement could not be concealed, and Wei Dongsheng could clearly hear her excitement.

The sentence of success was very vague, but Wei Dongsheng immediately understood what Gong Qiuqiu was saying.

Gong Qiuqiu's success refers to shorting the US mortgage market.

The 2008 economic crisis in the United States will profoundly affect the world economy in the next ten years, and Wei Dongsheng will naturally not ignore it. Wei Dongsheng was reluctant to intervene at first, after all, the reputation of "big short" affected Wei Dongsheng's glorious image, and the real profit from shorting the US housing loan market was hardly comparable to selling tens of millions of smartphones. However, the development of the times does not always change due to human will. The political crisis encountered in the Spring and Autumn Search, Gong Qixing took the opportunity to coerce, so Wei Dongsheng had to think about countermeasures.

After several days of deliberation, Wei Dongsheng decided to short the U.S. housing loan market and directed the attention of all opponents to the subprime mortgage crisis.

As mentioned earlier, capitalists’ money is not easy to get.

Wei Dongsheng’s money is even harder to take.

The loss of the Spring and Autumn Period searching for **** listings and Gong Qixing's threat to occupy the magpie's nest were all led by Wei Dongsheng into the deep pit of the subprime mortgage crisis.

In July 2006, Wei Dongsheng decided to go public in the Spring and Autumn Period. At the same time, he founded the Rose Hedge Fund through a leather bag company to short the US housing loan market. The profits from the Spring and Autumn Search Bleeding listing were ruthlessly grabbed by the partner Goldman Sachs. Wei Dongsheng went back to gambling with Rose Hedge Fund and Goldman Sachs. Rose Hedge Fund paid Goldman Sachs US$100 million in insurance premiums each year, a total of US$500 million in contracts for five consecutive years, and was highly leveraged in the vacancy loan market.

Gong Qiuqiu was first arranged by Gong Qixing to go to Wall Street for an internship, and then returned to China to cut into the capital field. Afterwards, Gong Qiuqiu took another path in life, but he has always rooted in the financial field. Gong Qiuqiu has experience and is familiar with Wall Street. The only flaw may be the lack of a keen eye for discovering profit. Wei Dongsheng compromised with Gong Qixing and pushed Gong Qiuqiu to the forefront. He immediately ordered Gong Qiuqiu to go to the United States to be responsible for the rose hedging gene, and indirectly used the background relationship between Gong Qiuqiu and Gong Qixing to fight against investment banks such as Goldman Sachs.

Gong Qiuqiu has dismissed all administrative positions and joined Chunqiu in white. However, no one will ignore Gong Qixing behind Gong Qiuqiu. When Goldman Sachs and Gong Qiuqiu are facing each other, they will treat her as Gong Qixing's niece. The Rose Fund will not affect Gong Qiuqiu, but it will definitely produce uncontrollable results for Gong Qixing. Regardless of whether the result is good or bad, Gong Qixing has been eager for a long time.

Goldman Sachs and Gong Qixing were all pushed into the pit of the subprime mortgage crisis by Wei Dongsheng.

The big step back last year was for the big step forward next year.

Eat mine, spit it out sooner or later.

Wei Dongsheng distinguished Gong Qiuqiu's voice and could feel Gong Qiuqiu's excitement. If Wei Dongsheng is not wrong, Gong Qiuqiu has gained considerable benefits from various short-selling methods, but obviously she has not yet understood what she is short-selling, let alone how strong the future economic crisis and tsunami will be.

Wei Dongsheng didn’t want to be a prophet, and communicated with Gong Qiuqiu based on the current situation: “I watched the news some time ago, and the subprime mortgage bonds remained high. I heard that you called, and I thought you would cry about losing tens of millions of dollars in insurance premiums every month. It."

Gong Qiuqiu: "The Rose Hedge Fund has already made a profit, not only the book profit, but also the actual profit."

Wei Dongsheng was surprised: "So fast?"

Wei Dongsheng only walked out of campus in 2010 in his previous life, so he didn't know much about the economic crisis in 2008, so the misunderstanding did not suddenly break out until the mortgage crisis in 2008. Unexpectedly, it was only in March 2007 that the Rose Hedge Fund controlled by Gong Qiuqiu had already begun to make a profit. Wei Dongsheng couldn't help but sigh with emotion. It is really a professional doing professional things. If Wei Dongsheng is ignorant of the operation, I am afraid all the plans are aimed at September 2008. The same bearish judgment, in the hands of Gong Qiuqiu, achieved considerable profits in March 2007.

Gong Qiuqiu replied: “New Century Financial Corporation (New_Century_Financial_Corporation) has stopped accepting mortgage loan applications and said that it could not release its 2006 annual report on time. This proves that the financial data of New Century Financial Corporation is too bad to imagine. In addition, Bear Stearns ( Bear_Stearns_corporation) also sent bad news, the scale of victory has become more and more inclined to us."

Wei Dongsheng: "Bear Stearns just announced the establishment of a joint investment fund with Huang Guangyu's Peng Run Investment to invest 250 million US dollars each. I thought it would collapse next year. I didn't expect a crisis now."

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