NOVEL WEB The youngest son of the chaebol family, Mo Hyun-min
Chapter 147
"It's not a big problem, we currently have less than $2 billion into the money market. "As an old senior trader, he has experienced more winds and waves over the years, and this small scene with an unfavorable start cannot shake his determination!
"We continue to follow up and always pay attention to the movements of Soros and others! As soon as there is a change in the currency market, report to me in time!" After a few words of soothing, Eric once again advised them to continue to pay attention to the trend of the international currency market.
"OK!" the younger brothers heard Eric say this, and they were relieved.
......
—————— split downline————————
Far away in the northeast of the Sun Country, the situation in the country is not much better at the moment. Since 1991, after the central bank of the solar country implemented macro-control and implemented monetary tightening policies, the yen interest rate rose to 6%, and a large amount of hot money began to withdraw from the stock market and real estate industry of the solar country, resulting in the entire solar country's stock market and housing prices almost halved, even after several years have not been able to recover.
Bound by the "square" agreement of the beautiful country with a paper to appreciate the yen, the Sun Country began a decade of decline, and the rise of Southeast Asian economies gave the Sun Country hope. Therefore, when the Asian "Four Little Tigers" and "Four Little Tigers" and other countries rose, the Sun Country also sold its own cars, video products, game products, etc. to Southeast Asia. Even the famous Panasonic and Sony have branches in Malaysia and Indonesia, and Yaohan headquarters is still located in Xiangjiang.
However, this time, the financial turmoil that swept Asia came too suddenly, and unsuspecting companies in the country of the sun suffered heavy losses, such as Mitsui, Sumitomo, ITOCHU and Marubeni and other trade-oriented enterprises, due to the damage to imports and exports, the company's business directly plummeted, and suffered heavy losses.
The domestic stock market has also continued to fall, even if the Sun Country government wants to intervene, but with little effect. In order to avoid becoming a hunting target for international speculators, the official Sun Country sent a note to the beautiful country on the other side of the Pacific Ocean, if Soros and other speculators attack Japan, they will also frantically sell more than $200 billion as foreign exchange reserves to hedge the depreciation of the yen!
Even so, the situation in the solar country is still not optimistic, due to a large number of corporate exports have been hit hard, the company's stock price has fallen, and the stock market has begun to fall from more than 40,000 points, gradually entering the economic depression stage.
As the former console giant Nintendo, it is in trouble. Originally, in the nineties, Nintendo had formed an absolute monopoly in the home game console market, but the market share and sales of Nintendo's disc-like consoles on the market were seriously affected. And the biggest competitor is Sega, seeing Sega's limelight, Nintendo sought cooperation from Sony with the intention of sniping Sega, but in the later stage of cooperation, Nintendo was worried that Sony would plot its own product data, so the cooperation finally failed.
Although Nintendo released its own Virtual Boy in 1995, sales were very dismal, and the game lineup was relatively mediocre, and Sony seized the opportunity to frantically grab Nintendo's game market resources during the same period, "countering" Nintendo's partners, and Nintendo's handheld rule era came to an end. During this period, Microsoft and Sony, including Sega, rose one after another, and the PS series and Xbox series began to gradually catch up with Nintendo.
Under the "internal worries and external troubles", Yamauchi Pu, then president (president) of Nintendo Game Production Company, was in a terrible mood at the moment. If they can't come up with a new way, they can only watch their share continue to be eaten away by those later "little brothers", and they Nintendo can only decline.
"President, let's go find a new partner. The handheld market is already difficult to monopolize, we must explore and enter other game markets!" the henchman on the side made a pertinent suggestion to the old leader. With the entry of three strong competitors, Sony, Microsoft and Sega, the handheld market can be described as a mountain of heads.
"Looking for a partner? We were looking for Sony to cooperate, but the result? that was an unfamiliar white-eyed wolf!" Yamauchi remembered that he had cooperated before, and finally fought back, betraying the "comradeship" Sony, he was extremely angry, Sony's group of "slut" made him more disgusted than Sega's later period!
Yamauchi Pu's words undoubtedly made his subordinates speechless, and he cooperated with Sony to think that he could join forces and jointly strangle Sega's rising stars in the cradle, but not only failed to achieve his wishes, but also was stabbed by Sony's backstab, which really made them feel stuffed.
Another subordinate said with some reluctance, "President, let's go overseas to find a partner...... The Miracle Group, which came to us two years ago to negotiate a stake and investment, is now doing quite well in the country of sticks, and they are about to catch up with the old chaebols in the country of sticks!
This subordinate's proposal instantly opened Yamauchi Pu's mind, "Yes, you can't find reliable allies in China, you can go overseas to find it! This miracle group was willing to invest before, or even wanted to buy shares, then we can completely discuss cooperation with them again!"
"Okay, then you can contact the Stick Country as soon as possible, if this Miracle Group and that Nexon Game Entertainment Company are willing to cooperate, then we will talk to them, this time, I must completely crush Sony and Sega!" Remembering his former teammates and juniors, now they are teaming up to snipe Nintendo, which makes Yamauchi Pu hate in his heart, as long as he has the opportunity, he must take revenge!
"Yes, President, let's get in touch!" the subordinate heard President Yamauchi say this, and immediately replied respectfully.
......
Inside the country of the stick, Zhengxin fast.
On the weekend again, Chen Yunji's family came to Zhengxinzhai as usual to attend the family gathering. This time, Chen Daojun brought Mou Xianmin, his fiancée, with him. The old woman Li Biyu was also very happy to see this little grandson and prospective granddaughter-in-law, and pulled Mou Xianmin to gossip. This can make the eldest aunt Sun Zhenglai and the second aunt Liu Zhina quite jealous. You must know that the daughter-in-law of the eldest grandson Chen Xingjun, Jin Xiuzhu, did not let this old lady like it so much!
"We continue to follow up and always pay attention to the movements of Soros and others! As soon as there is a change in the currency market, report to me in time!" After a few words of soothing, Eric once again advised them to continue to pay attention to the trend of the international currency market.
"OK!" the younger brothers heard Eric say this, and they were relieved.
......
—————— split downline————————
Far away in the northeast of the Sun Country, the situation in the country is not much better at the moment. Since 1991, after the central bank of the solar country implemented macro-control and implemented monetary tightening policies, the yen interest rate rose to 6%, and a large amount of hot money began to withdraw from the stock market and real estate industry of the solar country, resulting in the entire solar country's stock market and housing prices almost halved, even after several years have not been able to recover.
Bound by the "square" agreement of the beautiful country with a paper to appreciate the yen, the Sun Country began a decade of decline, and the rise of Southeast Asian economies gave the Sun Country hope. Therefore, when the Asian "Four Little Tigers" and "Four Little Tigers" and other countries rose, the Sun Country also sold its own cars, video products, game products, etc. to Southeast Asia. Even the famous Panasonic and Sony have branches in Malaysia and Indonesia, and Yaohan headquarters is still located in Xiangjiang.
However, this time, the financial turmoil that swept Asia came too suddenly, and unsuspecting companies in the country of the sun suffered heavy losses, such as Mitsui, Sumitomo, ITOCHU and Marubeni and other trade-oriented enterprises, due to the damage to imports and exports, the company's business directly plummeted, and suffered heavy losses.
The domestic stock market has also continued to fall, even if the Sun Country government wants to intervene, but with little effect. In order to avoid becoming a hunting target for international speculators, the official Sun Country sent a note to the beautiful country on the other side of the Pacific Ocean, if Soros and other speculators attack Japan, they will also frantically sell more than $200 billion as foreign exchange reserves to hedge the depreciation of the yen!
Even so, the situation in the solar country is still not optimistic, due to a large number of corporate exports have been hit hard, the company's stock price has fallen, and the stock market has begun to fall from more than 40,000 points, gradually entering the economic depression stage.
As the former console giant Nintendo, it is in trouble. Originally, in the nineties, Nintendo had formed an absolute monopoly in the home game console market, but the market share and sales of Nintendo's disc-like consoles on the market were seriously affected. And the biggest competitor is Sega, seeing Sega's limelight, Nintendo sought cooperation from Sony with the intention of sniping Sega, but in the later stage of cooperation, Nintendo was worried that Sony would plot its own product data, so the cooperation finally failed.
Although Nintendo released its own Virtual Boy in 1995, sales were very dismal, and the game lineup was relatively mediocre, and Sony seized the opportunity to frantically grab Nintendo's game market resources during the same period, "countering" Nintendo's partners, and Nintendo's handheld rule era came to an end. During this period, Microsoft and Sony, including Sega, rose one after another, and the PS series and Xbox series began to gradually catch up with Nintendo.
Under the "internal worries and external troubles", Yamauchi Pu, then president (president) of Nintendo Game Production Company, was in a terrible mood at the moment. If they can't come up with a new way, they can only watch their share continue to be eaten away by those later "little brothers", and they Nintendo can only decline.
"President, let's go find a new partner. The handheld market is already difficult to monopolize, we must explore and enter other game markets!" the henchman on the side made a pertinent suggestion to the old leader. With the entry of three strong competitors, Sony, Microsoft and Sega, the handheld market can be described as a mountain of heads.
"Looking for a partner? We were looking for Sony to cooperate, but the result? that was an unfamiliar white-eyed wolf!" Yamauchi remembered that he had cooperated before, and finally fought back, betraying the "comradeship" Sony, he was extremely angry, Sony's group of "slut" made him more disgusted than Sega's later period!
Yamauchi Pu's words undoubtedly made his subordinates speechless, and he cooperated with Sony to think that he could join forces and jointly strangle Sega's rising stars in the cradle, but not only failed to achieve his wishes, but also was stabbed by Sony's backstab, which really made them feel stuffed.
Another subordinate said with some reluctance, "President, let's go overseas to find a partner...... The Miracle Group, which came to us two years ago to negotiate a stake and investment, is now doing quite well in the country of sticks, and they are about to catch up with the old chaebols in the country of sticks!
This subordinate's proposal instantly opened Yamauchi Pu's mind, "Yes, you can't find reliable allies in China, you can go overseas to find it! This miracle group was willing to invest before, or even wanted to buy shares, then we can completely discuss cooperation with them again!"
"Okay, then you can contact the Stick Country as soon as possible, if this Miracle Group and that Nexon Game Entertainment Company are willing to cooperate, then we will talk to them, this time, I must completely crush Sony and Sega!" Remembering his former teammates and juniors, now they are teaming up to snipe Nintendo, which makes Yamauchi Pu hate in his heart, as long as he has the opportunity, he must take revenge!
"Yes, President, let's get in touch!" the subordinate heard President Yamauchi say this, and immediately replied respectfully.
......
Inside the country of the stick, Zhengxin fast.
On the weekend again, Chen Yunji's family came to Zhengxinzhai as usual to attend the family gathering. This time, Chen Daojun brought Mou Xianmin, his fiancée, with him. The old woman Li Biyu was also very happy to see this little grandson and prospective granddaughter-in-law, and pulled Mou Xianmin to gossip. This can make the eldest aunt Sun Zhenglai and the second aunt Liu Zhina quite jealous. You must know that the daughter-in-law of the eldest grandson Chen Xingjun, Jin Xiuzhu, did not let this old lady like it so much!
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