Reborn Entrepreneurial Giant

On September 23, 2008, the China Women's Internet Conference was held in Nanjing. Qu Li refused to go and let Xu Lei and others go. The impact of the subprime mortgage crisis is so serious, how can I even think about going to the bragging conference!

Although Jumei is famous and has a market value of less than 2 billion US dollars, Qu Li is a junior, so he doesn't want to go there to recognize his big brother, and he only pretends to be a big brother no matter what.

Well, in fact, the Summer Davos Forum was held in Tianjing on September 27, and some leaders called him to attend. He had to make some preparations, and he didn’t have time to pretend to be elsewhere.

Jack Ma also arrived in Tianjing. The two of them seemed to be the only ones in the Internet industry. There were also a large number of executives from multinational companies and state-owned enterprises, as well as some powerful executives from private enterprises, including Zhang Yiwen.

Inevitably, Qu Li was asked about milk and his views on China's dairy industry. There were also Yang Mou, President of Bulldog, and Yang Mou, CEO of Lenovo.

"The milk issue is a moral issue, a management issue, and a commercial issue. The leaders of many companies, including me, are pushed forward by the market, forgetting that the development of an enterprise must abide by objective laws..."

"Although the problem is serious, I believe that as long as market supervision is in place and industry practitioners work hard, they will eventually be able to overcome the current difficulties..."

"What do I have to say? Jumei didn't sell milk powder not because of the quality of domestic milk powder, but because of the needs of enterprise development. 3C home appliances are the category where B2C e-commerce can give full play to their advantages. We only started cooperation with Lenovo, and it will take time to expand to food……"

"Imported milk powder is now sold to meet the needs of consumers. Because of this crisis, domestic consumers' trust in domestic milk powder has dropped to a freezing point, but the market demand is still there. You can't let children have no milk powder?"

Qu Li's words were smooth and steady, without any explosive points, which was both disappointing and gratifying. This child has finally grown up.

"It is difficult to raise real estate funds in China." Zhang Yiwen came to Qu Li

"Why?"

"Lehman went bankrupt, and international investment banks rushed to sell real estate properties, including apartments..."

"Oh, there are too many people selling, so you dare not accept the offer?"

"Um."

"You can figure it out for yourself. I have made up my mind. Except for my own use, I will not invest the funds in real estate for the time being."

"You don't want to be a long-term rental?"

"I have never thought of doing this by myself. If I have money, I can buy a residential building in the first-tier cities of Beijing, Shanghai, Guangzhou and Shenzhen, change it to long-term rental housing, and win tax incentives..."

Now that housing prices are falling, long-term rental housing will impact the real estate market, and it will become more difficult and almost impossible to obtain tax incentives.

"Then I'll think of a way, and if it doesn't work, I'll announce the results." Zhang Yiwen

"You decide!" Qu Li didn't feel the need to intervene, and Andrew and the others were not vegetarians.

"Are you so impatient?" Zhang Yiwen was upset

"..." I thought about escaping from his control, but now I bite back

"Then you should find a way to do a good job in the long-term rental housing project!" Qu Li stared at her and said

"Okay, I listen to you~~" Zhang Yiwen turned from cloudy to sunny in an instant

Seeing Qu Li's confusion, Zhang Yiwen went on to say: "I met with the big guy who came to Tianjing for a meeting this time, and mentioned the long-term rental housing project and the original intention of doing this. He encouraged me to be brave and do more things right. Don't be afraid of difficulties when doing things that are beneficial to the people..."

"Hey! I can't do it now..."

Seeing Zhang Yiwen's arrogant look, Qu Li burst out with evil anger: "You wait for me, and I will teach you how to behave tonight."

"Come on, who is afraid of whom!" Zhang Yiwen was not to be outdone, unless she had no children, she would not have a few months to live comfortably

Both of them have their own affairs, so when Qu Li arrives in Tianjing, someone will bring him and Ma Yun together, hoping to see the two go off and create a topic. But Qu Li still respects Ma Yun very much. Even if he talked about 996 blessings, the 996 job of Internet giants is the dream job of most ordinary people.

If the 996 of the big Internet companies should be damned, then 99% of the female factories should go to the 18th floor of hell. Unfortunately, there are no poor people in TV dramas, or the poor are all villains. Most ordinary people actually don’t get the attention they deserve.

"What do you think of the financial crisis in the United States, will it affect Jumei's Shopee?" Ma Yun, Qu Li, several Waigo CEOs, and domestic economists sat together to discuss, and the host of Winning Zhongwo hosted here.

"The subprime mortgage crisis is still spreading. When I was discussing with my friend, he gave me a reference, saying that after AIG and Citibank are nationalized, the crisis will probably come to an end in the United States. As for the impact on Shopee, it is not very obvious. We are still maintaining high-speed growth." Qu Li didn't need to show himself, just say a few dry things, and time will prove his right.

"Citibank is not like AIG..." Qu Li said, of course some experts disagree

Qu Li didn't bother to argue, the opportunity was reserved for those who were prepared, and the host quickly shifted to the next topic: "Ma Yun sees that Tianming's Shopee is so successful in the United States, do you have any thoughts on accelerating internationalization?"

"It would be a lie to say that there is no such thing, but Taobao is different from Jumei..."

It’s the turn of foreign CEOs: “I think Zhongwo can play a bigger role, for example, they can acquire companies that are in trouble like Lehman…” Qu Li, who was under the dark, was named again: “The lack of money in the U.S. market is not money, but Confidence, as long as more confidence is injected into the market, I think global capital will flood into the United States to compete for Lehman Brothers. In addition, global central banks are constantly cutting interest rates, and Europe and the United States are likely to enter the era of negative interest rates. They have not considered vicious currency Swell?"

"Without cutting interest rates or issuing bonds, the Fed has no other better means."

"Inflation is a problem to be solved later, now..."

"Now it's China's turn to save the world. The combination of e-commerce and China's manufacturing can bring low-priced goods to European and American societies, which can curb the rise in CPI brought about by inflation..."

Well, tomorrow's headline is here, Qu Li's "Women Save the World!" "It became the headlines of many financial media on the second day, and he made a small splash.

On September 28, SinoAmerican Energy, a subsidiary of Berkshire Hathaway, subscribed for 225 million additional new shares issued by BYD at a price of HK$8 per share, accounting for about 10% of the total share capital after the additional issuance.

Unlike the Vision Fund in June, this additional issuance still needs to be approved by relevant departments, and Buffett's world-renowned "good name" has brought huge popularity to BYD, including high-income earners. Because of Buffett's shareholding, they may choose BYD's Products, in fact, are exactly the same. In the two years from 2009 to 2010, BYD Auto's popularity soared, and it almost became the first brand of domestic private automobiles.

BYD's revenue in 2009 soared from 26.8 billion in 2008 to 39.5 billion, continued to grow to 46.7 billion in 2010, and fell to 46.4 billion in 2011 due to product strength and channel issues, more than twice that of Geely Automobile.

On September 29, the CEO of Zhongmei Energy came to Pengcheng to participate in the signing ceremony and held a press conference, which caused a sensation on the entire Internet for a while, and there were discussions everywhere. Warren Buffett, the world's richest man, actually invested in a Chinese company. Who is BYD?

Then Vision Investment became famous. This is the Zhongwomen Investment Fund, which invested in BYD before Buffett, not only has outstanding vision, but also has an inextricable relationship with Qu Li.

"Why are you everywhere?" Jack Ma called him to complain

"Can this be my fault too?" Qu Li said innocently

On this day, crude oil finally plummeted again, and the price dropped to $96.