Rebirth: Dominate The World, Starting From The School Network

Chapter 430 The Subprime Mortgage Crisis Breaks Out, The Number One Player

If.

In February 2007, Huifeng Bank announced that it had suffered huge losses in its North American home loan and mortgage business and had written down 10.8 billion yuan of gold-related assets, which kicked off the subprime mortgage crisis.

So.

In April 2007, the bankruptcy of New Century Financial Company officially entered the crisis stage.

at the same time.

Existing home sales in North America fell 8.4% in March.

Several North American subprime mortgage companies are closing down.

A financial crisis that started in North America and eventually spread to the world is inevitable.

The whole world has its eyes fixed on North America and is always paying attention to the trends of the North American financial market.

As the world's most powerful country, the only superpower, and the world's financial center, it is not polite to say that if the North American financial market sneezes, it will make the global financial market catch a cold.

In this context.

Even if companies listed on "720" in North America have nothing to do with the mortgage market, their stock prices have begun to be affected.

Such as Future Group.

Well-known analysts on Wall Street have begun to lower the group's second-quarter profit expectations.

The reason is that with the bankruptcy of many companies, it will directly affect the group's advertising revenue in the future.

There is nothing wrong with this reason.

With more companies going bankrupt, there will be fewer companies advertising on major applications owned by the Future Group, and revenue will naturally decline.

Of course.

This is not just the Future Group, but also other companies such as Gu Ge.

To this.

Lu Yi's heart didn't waver at all.

He had expected this situation a long time ago, it was normal.

so.

The entire Future Group is not as panicked internally as other companies.

The internal staff of each subsidiary still do what they are supposed to do and have a stable mentality.

after all.

Last year, the group raised 10.5 billion yuan.

With such abundant cash flow, Future Group has the confidence to weather this financial winter.

To this.

There is also a lot of discussion on the Internet.

Many people have reinterpreted the 10.5 billion yuan raised by Future Group last year.

Combined with the background of the current subprime mortgage crisis, people have a new interpretation of Lu Yi's financing operations last year - Lu Yi had already predicted the outbreak of the subprime mortgage crisis in North America last year, so he made preparations in advance Prepare for precautions.

Before this, no one would think about it.

but now.

People have no doubts about this interpretation.

Many people in the industry lamented Lu Yi's acumen for the market and being prepared to deal with the crisis early, making himself invincible.

therefore.

Although the subprime mortgage crisis has had a great impact on the stock market, and the stock prices of many listed companies have begun to correct, the stock price correction of Future Group has been the smallest.

The reason is that the interpretation of last year's financing behavior gave investors confidence.

That is, the Group is well prepared to deal with the crisis in the future, and the company has sufficient ammunition. This is better than other companies, and it can minimize the impact of the subprime mortgage crisis on the Group.

therefore.

When investors sold shares of other listed companies aggressively, they all bought shares of Future Group. As a result, Future Group's stock price fell for two days and rose for three days. The stock price did not fall but rose, unlike other companies that had been falling all the way.

Obviously.

Investors regard Future Group shares as a safe haven.

This situation was beyond Lu Yi's expectation, and made him dumbfounded.

It’s not okay if the stock price of Future Group does not fall, otherwise how can we buy back the shares at the lowest price then?

But Lu Yi didn't take any action.

Because he knows very well that the current subprime mortgage crisis is still in the outbreak stage, is still limited to the North American market, and has not yet swept the world, so investors will go to Future Group to avoid risks. The so-called interpretation is just to give himself a psychological comfort. That’s all.

Once the financial crisis sweeps across the world, at that time, the stock price of Future Group will not be able to fall.

Investors are obviously aware of this situation.

But what can they do?

Withdraw money from the stock market and deposit it in the bank?

Even banks may go bankrupt.

Especially in this context, this possibility is infinitely magnified.

Once the bank where you save your money goes bankrupt, you will really lose everything.

and.

Even if the bank has not gone bankrupt, but now that inflation has risen, the bank's interest rates cannot beat inflation.

so.

After thinking about it, investors still feel that it is safer to buy Future Group's stocks at this stage. Even if it depreciates, it will be slower than leaving it in the bank.

Although the North American subprime mortgage crisis has caused panic in global financial markets.

However, the major business segments of the Future Group are still expanding and have not stopped the pace of development...

Confidence naturally comes from the cash flow of 15 billion meters of gold, which is enough to cope with any sudden crisis.

Like here at the Fantasy Literature Society.

Since Lu Yi pointed out last year that online articles should go overseas, going overseas has become an important issue for the Fantasy Literature Society, and Lin Tingfeng is in charge of it.

now.

Some achievements have been made in publishing online articles overseas.

The overseas version of the website is called b.faloo.com. Some online articles have been published on the overseas version. Many overseas netizens have become members of b.faloo.com.

In addition to the Fantasy Literature Society, MiHoYo and Baoxue, under Lu Yi's instructions, are also planning to make a big move this year, which is the ninth art, e-sports.

E-sports is a sport in which electronic game competitions reach a competitive level.

Many people think that playing games is not doing their job properly. In fact, on November 18, 2003, the State Sports General Administration officially approved e-sports as the 99th official sport.

project.

Currently, the world's largest e-sports event is WCG, which was founded in 2000.

The event is hosted by International-Cyber-Marketing, ICM, and has been sponsored by Sanxing and Microsoft since 2006.

Lu Yi's purpose of engaging in e-sports is very simple, because he is very clear about the future prospects of e-sports, and at the same time, he also wants to seize the initiative of this event in the hands of Long Guo.

According to Lu 1.2 Yi's instructions.

The brand of this e-sports project is [Ready Player One].

MiHoYo is responsible for [CrossFire], and BakuXue is responsible for [World of Warcraft]. The two vowed to launch [Ready Player One], a new brand of e-sports events, this year.

Let game enthusiasts around the world know that in addition to WCG, there is also Dragon Kingdom hosting [Ready Player One].

even.

The goal of [Ready Player One] is to replace WCG and become the world's number one e-sports brand event!

Lu Yi attaches great importance to this and has approved a large budget in order to make the (Ready Player One) brand event an instant hit!

Of course.

Relevant matters are still under internal planning and have not been officially announced to the public.

But Lu Yi believes it.

When the new brand tournament "Ready Player One" is officially announced, it will definitely cause a huge sensation in the electronic realm. .