Xiao Bai remembers very well that starting from the second half of 2005, to be precise, the "exchange rate reform" should be carried out on July 21, which will start a journey of RMB appreciation for more than eight years.The current exchange rate of the US dollar against the RMB has been around 8.2765, but this equilibrium will soon be broken.In addition, China is currently the world's investment mecca, Xiao Bai will not let the funds on the account miss such an opportunity in vain.In addition to the US dollars in hand, the same is true for Hong Kong dollars.The Hong Kong dollar adopts a policy of keeping a tight eye on the US dollar, which is actually similar to the shadow currency of the US dollar, and the reason is the same.This also means that Xiao Bai will not only increase his efforts to enrich the capital of Chenfeng Capital.Moreover, in the name of Yingsheng Investment, it will increase investment in China.Of course, there's still plenty of time to spare.He now asked Jiang Youwei to prepare, and he started to take action at the beginning of the new year, and he could do it with ease."
Okay, Xiao Dong, I'll make a plan right away."
Jiang Youwei didn't dare to slack off, and after leaving Xiao Bai's office, he began to assign work, striving to make a plan in a short time.As soon as he walked on his front foot, Tao Mingyu knocked on the door and walked in."
Dong Xiao, I have made an investment income statement here, can you take a look?"
This year is coming to an end, and Tao Mingyu counted the income from holding U.S. stocks in advance.The company has invested more than $500 million in this area, and so far, the book surplus is considerable."
Oh?
You can bring it. ”Xiao Bai felt that Tao Mingyu was indeed too positive, isn't there still a few days left this year.However, this is not a big problem, and it is enough to correct the data a little later.Tao Mingyu hurriedly stepped forward and handed the report to Xiao Bai.Xiao Bai took the report and motioned for Tao Mingyu to sit down for a while, while he himself looked at it intently.According to the report, as of now, AMZN's stock price is around $44.70, an increase of 638.57 from the original purchase price, that is, an increase of more than 6 times.AAPL's share price has also risen, up 350 so far, which is about 3.5 times.The average increase of other U.S. stocks is 387, and the performance of AAPL is very average, at least the performance has not reached the average level in the past few years.However, Xiao Bai is not in a hurry, AAPL will not emerge until the era of smart phones, and the performance of its stock price will definitely blind everyone's eyes at that time."
Mr.
Tao, the current income is good.Although it is still rich on paper, the trend is promising.By the way, are AMZN's convertible bonds maturing?
”After reading the report, Xiao Bai encouraged Tao Mingyu.He remembers that he bought $50 million of AMZN shares and another $25 million in convertible bonds, which should have been exercised, right?"
Dong Xiao, according to your previous instructions, we have all converted them into ordinary shares.The cost of holding a stake is about the same as the stock in hand, so it is not separately stated.I'm sorry, I was negligent. ”Tao Mingyu realized his negligence at this time, although Xiao Bai had said that he could exercise his rights freely when it expired, but he forgot to report it.Xiao Bai smiled and waved his hand, "It's okay, since you did what I said, there is no dereliction of duty."
In the future, like this, it may be better to explain it separately on the report. ”"Okay, Xiao Dong, I remember."
Tao Mingyu couldn't help but breathe a sigh of relief when he saw that Xiao Bai didn't blame himself.Xiao Bai motioned for the other party to put the report here, and then waved his hand and sent Tao Mingyu out.Later, he picked up the report again and looked at it.The initial investment of more than 500 million US dollars, the current market value has become more than 2.1 billion US dollars.The overall return on investment is good.In the last few days of the year, Xiao Bai returned to the deep city.This year, for the Department of the Times, can be described as twists and turns.There were difficulties, there were gains, and on the whole, the gains were very gratifying.The end consumer products of the Times Group, including such home appliances, DVD players, CD players, MP3 players, mobile phones and other consumer electronic products, have maintained strong market demand.In this process, service-oriented enterprises such as Julong Electric, Julong Logistics, and Julong Mall have benefited a lot, and their revenue and profits have made great progress.At present, Julong Electric Appliances and G Mei Electric Appliances have basically maintained a controllable competitive situation.Since no one can kill anyone in the short term, the means of vicious competition are not advisable.At this point, Xiao Bai and Huang Guangyi have a tacit understanding.The two companies occupy the vast majority of the market share of the domestic home appliance chain market, and it is necessary to ensure their respective reasonable profits.Julong Logistics has gradually solved the problem of the last mile, and with the rise of domestic e-commerce, it is a matter of time before it becomes profitable.Julong Mall slowly broke away from the subordinate position of Julong Electric Appliances and began to make efforts online, transitioning from mainly operating household appliances to operating 3C products, and expanding to other consumer products."
Xiao Dong, our mobile phone brand is finally standing firm now.Although the market still divides us into niche product categories, we have a sizable following among young people. ”On this day, it was Duan Yongchun's turn to report to Xiao Bai.Duan Yongchun and Enron's business ideas are different, he attaches great importance to the cultivation of brands, slowly forms his own product style, and begins to have a group of die-hard fans."
Mr.
Duan, you just go down according to your own train of thought, I won't interfere.However, I have one thing to remind you, don't lean on the niche, after solidifying the label, it is actually not good for the development of the enterprise. ”For Duan Yongchun, Xiao Bai has never said much, whether it is praise or criticism, he rarely has it, he wants to see if the other party can still develop to the height in his memory."
Okay, Xiao Dong, I remember."
Duan Yongchun smiled slightly, Xiao Bai's proposal coincided with his own thoughts."
Mr.
Duan, I just made an appointment with An Dong and Li Dong to play ball today, so you can go with you."
Xiao Bai spoke, raised his hand and looked at his watch.It was now past eleven o'clock at noon and nearly twelve o'clock, and he made an appointment with An Ran, Li Longbin and others to have lunch together, and then went to the golf club to play.It just so happened that Duan Yongchun caught up today, so he called the other party together and went to the place to eat.Duan Yongchun's ability is definitely not to be said, but there is one thing, this guy is not very gregarious.He had little contact with other members of the management of the Times Department, and except for his working relationship, he hardly heard of anyone he was close to.Xiao Bai deliberately pulled the other party today.Duan Yongchun didn't refuse, but he didn't talk much during the meal.But when he arrived at the club, he chatted with An Ran for a few words, and they quarreled over some issues.The two of them debated all afternoon, almost forgetting that anyone else existed."
Dong Xiao, this Mr.
Duan .....
Well.....
It's very personal!
”Li Longbin and Xiao Bai were playing ball while eating melons on the side."
Haha, Mr.
Duan is such a character.I didn't pay much attention to this aspect in the past, but I still want to create more opportunities for everyone in the future.You see, didn't Mr.
Duan and An Dong have a heated chat?
”Xiao Bai knew very well that the two must have had a dispute over work, and the most likely thing was a conflict of business philosophy.However, there is nothing wrong with this kind of collision of ideas, and it doesn't take anyone to convince anyone, and the collision itself can bring a lot of benefits to both sides."
Yes, let them be.Xiao Dong,Recently, the island's panel companies have been moving,Some domestic color TV companies have begun to waver,I'm talking to them about supply。
”Li Longbin laughed, and then changed the topic."
Hehe, it's amazing, want to buy through multiple channels, and go back to negotiate conditions with us?
Leave them alone, as long as our alliance doesn't collapse, it's fine. ”The news brought by Li Longbin did not surprise Xiao Bai, and the diversification of the supply chain has always been the goal pursued by manufacturers.However, the first five alliances established by Times Optoelectronics cannot have problems, which is very critical and involves the final result of the price war.Otherwise, why did he accept the other party's investment in the first place?
When Li Longbin heard this, he subconsciously pursed his lips: "Xiao Dong, you did it on purpose."
The members of the alliance have shares in Times Optoelectronics, and they also enjoy priority in supply. ”Up to now, Li Longbin has to admire Xiao Bai's layout.At the beginning of the establishment of Times Optoelectronics, the other party thought of this day, what alliance is more reliable than the bundling of interests?
Therefore, strategic foresight is very important.Xiao Bai didn't argue with him and continued to play."
Hey, you two, are you done arguing?
Let's leave after the quarrel and find a place to drink at night, how about it?
”When the time was almost up, Xiao Bai and Li Longbin walked up to Duan Yongchun and An Ran with smiles, and Li Longbin deliberately teased."
We're discussing, not arguing.Let's go, I happen to be hungry too. ”An Ran was indeed discussing some issues with Duan Yongchun, but both of them were more emotional, and it looked like they had quarreled.So, the group went to the locker room and left the club.Following.Not long after Xiao Bai arrived at the office in the morning, Shang Liancheng came to the door."
Xiao Dong, things have changed.Recently, the company's orders have increased significantly, and major customers, including Kangjia Electronics, have added orders, but our production capacity is not enough. ”Sometimes, things change in a split second.No one expected that,LCD TVs that are still in the popularization stage,At the end of this year, it will rise strongly with lightning speed。
In recent years, especially in the past week, whether it is Julong Electric or G Mei's major stores, the sales of LCD TVs have suddenly skyrocketed.Of course, there are factors close to New Year's Day and the Spring Festival, but many people suddenly abandon the traditional CRT TV, and from plasma TV to LCD TV, which greatly surprised the expectations of various manufacturers.On closer inspection, nothing special happened during this time.This led to the originally balanced supply of the panel market, and the contradiction between supply and demand suddenly became prominent.