Chapter 504: The U.S. economy is in recession, and the Dragon Academy of Science and Technology’s chip team arrives in Shenzhen


"The bank needs to reconcile, Mr. Chen, I would like to toast you a glass of wine."

"I would also like to toast Mr. Chen."

"I, Zhang Xiaowei, have never admired many people in my life. , Mr. Chen, you can be regarded as one. If you are useful in the future, just give me a call and I will be your backbone."

"We are so lucky to have an entrepreneur like Mr. Chen in Longguo. I’ll give you a toast, I’ll do it, you can do whatever you want.”

After Country Garden’s debt contract was signed, the presidents of various banks looked at Chen Xing differently. Some were grateful, and some were admiring. , and some worship.

Anyone who has been in the banking system knows that bad debts have a great impact on the future.

If during your tenure, the accounts left by the previous president suddenly explode, and you, as the first person responsible for taking over, your promotion path will basically come to an end.

But now, Countrywide is suddenly hit by a thunderstorm. If hundreds of billions of domestic debts are not handled properly, it will have an impact on both banks and home buyers.

Originally, these bank presidents had prepared for the worst, but unexpectedly, Chen Xing, the CEO of Longxing Group, a leading technology company, suddenly expressed his willingness to take on the corresponding debts.

What does it mean to assume the corresponding debt?

Let’s not talk about anything else, but for these bank presidents, this is simply a ray of light in the dark night, lighting up the road ahead for them again!

Not only does it free them from responsibility, but it also allows the unfinished property to restart. No matter how you look at it, Chen Xing is their savior.

If there were not so many leaders here, they would all want to give Chen Xing a kiss.

“You’re welcome.”

Chen Xing responded with a toast.

Seeing Chen Xing raising his glass, everyone else in the box also raised their glasses.

“I would like to propose a toast to Mr. Chen.”

“Mr. Chen is a righteous man.”

“Mr. Chen deserves to be a people’s entrepreneur. This time he not only saved Country Garden, but also saved Country Garden. It has saved thousands of owners!”

“That’s right, I give a toast to Mr. Chen”

After a glass of wine, the dinner was coming to an end.

The presidents of various banks and the leadership teams from Shencheng, Guangfu, Chancheng and other places have all left, leaving only Chen Xing and Lei Bing.

"Is there anything else going on in the Lei Bureau?" Seeing that the other party did not leave, Chen Xing took the initiative to ask.

Seeing that only he and Chen Xing were left in the box, Lei Bing no longer remained silent, but asked: "What do you think about spending hundreds of billions to develop real estate?"

He was curious about why Chen Xing wanted to take over Country Garden's debt, and wanted to understand the man's deepest thoughts.

Anyone with some economic common sense now knows that the real estate economy has entered a downward trend and will be polarized in the future.

What is polarization?

To put it bluntly, properties in good locations will continue to rise, while properties with imperfect supporting facilities will continue to fall.

In the previous wave of house buying, many people did not look at the location. They just felt that if they didn’t buy a house now, they would not be able to afford it in the future, so they took on a mortgage in a daze.

However, as the U.S. dollar raises interest rates, the global economy shrinks, and real estate accelerates into a state of weakness. Properties in poor locations can only be sold at reduced prices. This also means that after a few years of paying off the mortgage, the result is that the house price has been cut in half. outrageous situation.

As for good properties in areas close to tertiary hospitals, prestigious schools, and the city center, there is no need to worry too much about falling prices. Not only will these high-quality properties not fall, they will even rise.

But most of Country Garden's properties are not located in the city center, tertiary hospitals, or in prestigious school districts. Lei Bing was very curious about what Chen Xing thought.

"Businessmen are chasing profits, what else can they think of this? Of course they are doing it to make money." Faced with Lei Bing's question, Chen Xing responded with a calm smile.

"To make money?" Lei Bing shook his head and said in disbelief: "If this could make money, other real estate companies would have rushed to the end. It is impossible to make money."

"Just because they can't do it doesn't mean that I can't do it."

"How do you say it?"

Chen Xing's words aroused Lei Bing's curiosity. He didn't think Chen Xing was bragging, maybe There is a real mystery in it.

“The reason why other real estate companies dare not take over is because new houses have been difficult to sell in recent years, and they are not sure that they will sell all of them. If 100% of the houses are sold, they can make a profit.”< br>
“100% sold?”

Lei Bing was stunned.

Chen Xing’s idea feels a bit naive!

According to his understanding, last year a housing project in the school district close to Shenzhen No. 2 Middle School went on sale. One year later, the home purchase rate was less than 60%, and almost half of the new houses were not purchased. This shows that the real estate economy has reached its peak. To what extent.

No one is buying the housing in the school district of Shencheng No. 2 Middle School. How can you, Chen Xing, guarantee that consumers will pay for the properties you sell?

"Yes, as long as all the houses are sold, I can make a lot of money."

Chen Xing nodded to confirm.

“I’m curious, what can you do to sell out the house?” Lei Bing asked again.

"Technology."

"Technology?"

"Yes, it is technology!"

Chen Xing nodded slightly and explained: "People We all have laziness, and the development of science and technology is inseparable from the word laziness. For example, if you don’t want to do laundry, someone invented an automatic washing machine; if you don’t want to cook, pre-made vegetable bags and takeaways appeared.”

"What I want to do is to implement laziness to the end, so that home buyers can take laziness to a new level, without even having to turn on the lights. There is also a professional term for this, called whole-house intelligence."

"This ..."

"Okay, I don't quite understand."

Seeing Chen Xing's promise, Lei Bing was relieved. The reason why he wanted to find out more was because he wanted to know about Chen Xing's gourd. No matter what medicine he sells, he also wants to reduce Chen Xing's losses as much as possible.

"You'll know when it's built. If you need it, I'll give you a 20% discount then." Chen Xing teased with a smile.

"We'll talk about it then, but then again, do you have any candidates for the construction team?" Although Lei Bing no longer works in the Shencheng Land Bureau, he still has connections. As long as Chen Xing opens his mouth, he will Be willing to facilitate.

“I am an outsider in real estate development, but I have found an expert. Li Jiacheng’s son Li Zekai will be fully responsible for the development.”

Chen Xing has always believed that professional matters should be left to professionals. Do it, and he just needs to grasp the general direction.

Many corporate bosses just like to show off their abilities. They want to point fingers at professionals when it is clearly an area they are not good at. In the end, they can only make a difference.

Take the planning plan as an example. When Party A receives the first draft, Party B will often ask Party B to revise it repeatedly according to his or her own preferences.

It is said that it is a modification, but in fact it is just to show one's ability, to pick a bone in the egg, and toss around.

When the changes are complete, Party A will often feel that the first draft is very good and decide it as the final plan.

This is also true, experienced Party B will keep the first draft.

Compared to this kind of group boss, Chen Xing cares more about controlling the general direction. He only wants results and has full authority over the process.

The moment Lei Bing heard about Li Jiacheng, he frowned and said, "Can you trust that you will hand over real estate development to Li Jiacheng?"

Li Jiacheng is really awesome. He has been a dragon for more than ten years in a row. The richest man in the country, his ability is recognized.

Putting aside his ability and vision, Lei Bing despised Li Jiacheng's actions.

If you want to ask who was the first real estate speculator in modern times, it was Li Jiacheng.

When Hong Kong Island's economy was in a downturn and real estate experienced an unprecedented plunge, Li Jiacheng hoarded a large amount of land and was not in a hurry to develop it, but squeezed toothpaste bit by bit.

Hong Kong Island is such a big place. After his operation, the house price immediately increased several times. He made a lot of money, but it was a hardship for the house buyers.

Faced with Lei Bing's concerns, Chen Xing had already thought of a solution.

“Only the development rights are given to them, and the supervision rights of acceptance and funds are given to my father, Chen Yapeng. Theoretically speaking, as long as my father does not collude with the Li family, there will be no major problems.”

He would not dare to be careless about such a major project worth hundreds of billions.

After Chen Yapeng retreated to the second line, he has been in charge of the Longxing Group's infrastructure projects, leaving the real estate funding and acceptance work to him, which can be regarded as a specialization in the industry.

Besides, Chen Yapeng had no reason to join forces with outsiders to defraud Longxing Group of money. His motive was simply not valid.

Even if he wants money, as long as he asks, Chen Xing can't refuse to give it.

When there is no motive for corruption, Chen Yapeng is in charge of acceptance and fund management, which can also prevent illegal misappropriation of funds.

"Now that you have made all the arrangements, I can rest assured. If you encounter any difficult matters, you can come to me. I can still speak to you about real estate and land."
< br>Lei Bing picked up the wine glass.

"Then thank Lei Ju first." Chen Xing also picked up the wine glass.

"Dang——"

After clinking glasses, the wine was drained in one gulp.

......

While Chen Xing was talking about the Country Garden real estate project and was in high spirits, Davidic, who was far away on the other side of the ocean, was depressed. The data given by financial institutions made him feel anxious.

Longxing Group has been listed for four days. Excluding Saturday and Sunday, there are only two trading days, and the funds involved in the speculation are as high as 2 trillion US dollars.

Attention!

It’s US dollars, not Dragon Country coins!

Such a huge amount of funds certainly requires the participation of international capital.

According to data provided by JPMorgan Chase, international capital has invested at least US$400 billion in speculation on Longxing Group.

Where did this $400 billion come from?

It can only be rice stocks!

When the total economic volume remains unchanged, if international capital wants to invest in the Longguo stock market, it will inevitably take money from other places. However, the U.S. stock market is in a downward trend, so naturally this part of the capital will be withdrawn. Got out.

If it is the stock market of other countries, there may be retail investors taking over.

But the U.S. stock market has been open for too long, and few retail investors trade in stocks themselves. They all hand over their funds to institutions and let them help with stock trading.

If the Longguo stock market is 90% retail investors and 10% institutions, then the US stock market is 90% institutions and 10% retail investors.

Institutions withdraw funds and run away, and retail investors will naturally not be stupid enough to take over immediately.

The plummeting stock market and massive capital outflows have caused Daviditch to suffer, and the Rothschild family has also faced the most severe challenge.

If they lose this time, they will risk losing the Fed.

“What should we do now?” When Davich was anxious, he thought of Wei Yan.

Although I still can't completely trust Wei Yan, as a genius in the financial field, I can only ask him for his thoughts.

And on the other side.

Office of the Federal Reserve Chief Analyst.

Wei Yan stared at the market and silently analyzed in his mind: "Nasdaq is still falling. It seems that international capital no longer recognizes the United States' technological status. If there is another strong dose, maybe it can really be done. "Breaking rice stocks."

As we all know, there are three major indexes for rice stocks, namely the Dow Jones Index, the S&P Index and the Nasdaq Index.

The Dow Jones Index was initially based on the stocks of 11 railroad companies, and later gradually expanded to include manufacturing, retail, pharmaceuticals, finance and other industries, representing the American industry.

The S&P Index, which includes the stocks of the top 500 companies in the United States, is comprehensive. To put it simply, it represents the overall economy of the United States.

As for the Nasdaq index, this represents American technology companies.

Since the "Seven Sisters of the American Stock Market" appeared on the stage of history, the United States has been recognized as the number one technology power. The Nasdaq index, which represents American technology, has naturally risen rapidly.

But now!

Times have completely changed!

The Nasdaq index, which represents U.S. technology, is falling, the Dow Jones index, which represents U.S. industry, is falling, and even the S&P index, which reflects the overall U.S. economy, is falling.

What does this mean?

Four words.

Recession! Facts have proven that the U.S. economy is indeed in recession, and the forged CPI, non-agricultural, and consumer data were the first draft given by Wei Yan.

"Ding-a-ling--"

While Wei Yan was still analyzing changes in the stock market, the intercom phone on his desk rang.

He withdrew his gaze, picked up the receiver and said, "I'm Wei Yan, please speak."

"Come to my office."

Davich looked a little embarrassed A haggard voice came out.

Wei Yan stood up immediately and responded quickly: "I'll be there soon."

After hanging up the phone, he hurried to Davidic's office without a moment's hesitation.

He knew very well that he had gradually gained the trust of the other party. He came to him specifically this time, probably to discuss solutions to the stock market crash or capital outflow.

……

“Dong Dong——”

Davich’s office door was not closed, and Wei Yan knocked on the door frame.

"Come in and close the door."

Davich said solemnly.

Just looking at his face, it was obvious that he felt haggard. The "siphon of funds" in Longguo's stock market has indeed posed a huge challenge to Jewish capital.

Close the door, Wei Yan looked worried, and went straight to the point and asked: "Is it the stock market or capital?"

"Both." Davidic smiled bitterly and said with a hint of helplessness: "Compared with the plummeting stock market, I am more worried about the outflow of funds now. In the ten seconds we talked, it is conservatively estimated that tens of millions of dollars have been outflowed."

“International funds?”

“No, there are also local funds.”

The United States is different from the Dragon State in that it does not have foreign exchange controls. In other words, the United States People can transfer money out at any time.

They did not realize the seriousness of the matter before, but now they are gradually discovering how terrifying the outflow of funds is when there is no foreign exchange control and the market is in a downward trend.

“Is there any way to solve the problem of capital outflow?” Davidic asked humbly for advice.

Wei Yan thought for a while and responded: "With the current speed of outflow, it is too late to implement the bill. The best way is to cheat."

"Cheating?"

Davich was puzzled.

"Yes, it's just cheating." Wei Yan nodded slightly and said what he was thinking: "Do you remember the "Asian Subdivision Act"? It can come in handy at this time."
< br>

"You mean..." Davich paused and said with some uncertainty: "First withhold their money and prevent it from flowing out?"

"No!"

Wei Yan He shook his head and said calmly: "It's not about taking it away, but keeping it for ourselves. Don't we allow banks to go bankrupt here? We only need to follow the asset clues and bankrupt a few banks, and most of the problem of capital outflow will be solved."

“…”

Davich was silent.

When it comes to poison, he really has to accept the defeat.

However, he did have this idea, because Asians are an unprotected and vulnerable group in the United States. If the immigrant race in the United States had a hierarchy, Asians would definitely be ranked at the bottom.

Watching Hollywood movies, you will know that white people are inherently superior, and black people are politically correct. As for Asians, not only do they have to be put on stereotypical makeup, but they are generally not important roles and cannot be given important roles.

"Will the impact be bad?"

Davich was a little hesitant.

Wei Yan chuckled lightly and said: "It is enough if the rules allow it. Besides, you also know that the Asian economic circle is rising this time. Do you think these Asian money will flow back to Asia, which they are more familiar with?"

“…”

Davich was silent again.

Think about it for a second, if he is an Asian immigrant, he comes to the United States just to earn the salary difference between the two countries. Now that the Asian economy is showing signs of improvement, he can invest the money earned in the United States back to his "hometown" "Not very reasonable?

“Quite good at pretending.”

Wei Yan looked at the troubled Davich and couldn’t help but complain in his heart.

Ever since the subdivision bill was passed, he knew that the United States was going to cause trouble. Now that he has brought it forward, he is just treating it like a villain.

"I'm thinking about it." Davich waved his hand, his eyes confirmed that Wei Yan continued: "You go back first."

"Then I'll go back first."

Wei Yan didn’t stay either.

As soon as he left the office and closed the door, Davidic had already made up his mind and took out his mobile phone to find out which bank had the most Asian deposits.

As Wei Yan said, Asian funds are likely to flow back.

Rather than letting them return, it is better to strike first. Even if the interests of Asians are harmed, it will not have much impact in the United States because no one cares about them.

……

The next day, at noon.

Shenzhen International Airport.

As the big iron bird landed slowly, a group of "old men" dressed simply and looking similar to ordinary rural elderly people walked out of the first class cabin, with the steward personally leading the way.

“I finally came to Shenzhen. The last time I came here was in the 1990s. At that time, it was still a small fishing village. I didn’t expect it to develop so fast.”

“Who would have thought that there are so many special economic zones? , Shen Cheng leads the way, but Lao Qu, is Gao Zhengqian really that good?”

“I am more concerned about the ternary chip, I don’t know if it is true or not.”

"It feels unrealistic. Even if it is true, there is no way to come up with it in a short time. After all, it involves a ternary computer."

The conversation of these old people made the steward feel ashamed.

She finally knew what topics academicians talked about on a daily basis.

Qu Cheng, who was walking at the front with two big bags under his eyes and a slightly stooped posture, listened to the conversation of the academicians and said without looking back: "You will know later if Chief Gao is capable. , As for the ternary chip, I don’t know, but it is most likely true.”

Qu Cheng has worked with Gao Zhengqian before, and he knows what this top chip engineer is like. He really doesn’t know how to do it. boast.

"It's not a high probability, it's definitely true." Liu Dongsheng corrected.

He has also worked with Gao Zhengqian, and the two also designed memory chips together. He has a deep understanding of the strength of the "chief".

"Then we'll see."

"I'm a little curious."

"Same."

Due to the introduction of the concept of ternary chips, the chip academicians of the Long Academy of Science and Technology were collectively unable to sit still and wanted to come to Shenzhen to study.

With Qin Long’s permission, they also arrived in Shencheng by special plane.

The flight attendant had just delivered Qi Cheng to the airport gate, and six black pilot 001 cars with a calm business style had been waiting for him on the roadside for a long time.

“Get in the car.”

Qu Cheng greeted.

After the academicians got on the bus one by one, the motorcade began to slowly start.

When they arrived at Longxing Group's Bantian base after a 20-minute drive, the guard immediately pressed the lever button.

The vehicle drove into the parking lot of the base, and Chen Xing had been waiting for it for a long time.

As soon as Qu Cheng got out of the car, he raised his voice and said hello: "Long time no see, Mr. Qu, your body is still so strong."

"Haha, Mr. Chen, long time no see."


Qu Cheng responded with a smile.

The two shook hands, and Liu Dongsheng came closer and said, "Mr. Chen, you are well and thank you for giving us a chance to learn."

"Academician Liu is so polite, how can I It’s nothing to learn, just exchange academic knowledge with each other,” Chen Xing responded calmly.

Qu Cheng and Liu Dongsheng came because it was actually Qin Long who pulled the strings.

On February 2, the day when the dragon raised its head, Chen Xing proposed the concept of ternary chips, and he warmly invited Chen Xing to a gathering at the Dragon Academy of Sciences.

But Chen Xing was in a hurry to catch a flight, so he declined him.

Later Qin Long explained the reason and expressed the hope that a group of academicians could be sent to Longxing Group to learn ternary chip design. Chen Xing did not refuse. After all, the equipment for room temperature superconducting materials was still borrowed from Longxing Academy. .

"Mr. Chen, let me introduce to you, Wang Jie, a chip academician."

"This is Zhang Manman, who is also an academician in the semiconductor chip field of our Long Academy of Sciences."

"Xu Weiguo, this is not a semiconductor academician. He is in the computer field, and he also wants to see the progress of the ternary system."

Qu Cheng introduced them one by one to Chen Xing.

Every time he read a name, Chen Xing shook hands and greeted him. After the two parties got acquainted briefly, he looked in the direction of the R&D building and said:

"Since we are here for academic exchange, then we Without further ado, let’s talk slowly over there at the R&D building.”

“Haha, okay.”

“Please lead me, Mr. Chen.”

“ It’s up to you.”

The academicians responded one after another.

Hearing this, Chen Xing also stepped forward and led the academicians towards the R&D building.

On the chip design floor, Gao Zhengqian also stopped what he was doing and asked his assistant to sort out the relevant information on "Fuxi Chip".

“Chief, do you also need to organize the circuit component files of the Fuxi chip?”

The assistant asked.

Anyone who has used EDA chip design software knows that the working principle of chip circuit design is similar to building blocks.

First design the "building blocks", then reuse them, and finally build a complete chip circuit.

Therefore, it is not an exaggeration to say that ternary circuit components are the most core.

“Let’s sort it out first.”

Gao Zhengqian responded.

Not only the chip laboratory, but also the team responsible for ternary programming, and all the laboratory teams of the ternary project were notified by Chen Xing on WeChat, asking them to take time out. A group of academicians will come to exchange and learn in the afternoon.

(End of this chapter)

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