Extraordinary Genius

Feng Yu talked to Bo Jun about his opinions and asked him to support them. In fact, the state capital side also expressed its concern over the exchange of shares through Lenovo Group, which is actually opposed.

Now that everyone is against it, the matter is yellow. IBM is disappointed in this, but begging the Army doesn't care at all. If IBM could get tens of billions of dollars to develop the system, he would be a little nervous.

Now that IBM's practices are simply bluffing, IBM's profits are not much in a year. How dare they improve their technological advantages in other businesses?

Microsoft was relieved to learn that Lian thought that Silver Mountain's cooperation with IBM had broken down. If the two companies worked together, the impact on Microsoft would be fatal, and even directors pessimistic that Microsoft would surely fail.

But they are more relieved that they have not succeeded in cooperating. Microsoft has decided to accelerate its research and development on mobile systems by launching their WINPHONE system, which is a smartphone-specific operating system, and plans to launch its own tablet, a Microsoft tablet.

And just to increase the promotion of WIN7, you can even think that Silver Mountain is not Jean Lee, then Microsoft can also make profit, smash money to promote, we can also afford to play!

Feng Yu asked Fengyu Electronics, Lenovo Group, etc. to speed up the upgrade of smartphones and tablets. To remind people of smartphones, the first thought of Fengyu phones, the first thought of tablets, the first thought of L-PAD.

As for himself, he was buried on the US side, dealing with the business of Minsheng Bank. There seems to be some resistance to the development of Voice Bank, and the big banks in the US don't want Voice Bank to grow.

The colleagues are the wrongdoers, and it's normal for them to do so. Feng Yu was not too worried, however, and he did not think that these banks could suppress the voice-over banks from raising their heads.

The financial crisis had just passed, and the financial sector in the United States had fallen into a low tide. But this is the perfect time to expand, because many of our colleagues are bankrupt, and there's a lot of business waiting for you.

The consolidation of those financial companies under Minsheng Bank has also been completed, and this is a good opportunity to expand dramatically as other banks shrink.

Many banks are afraid to do business because they have many bad assets. For example, some businesses that are riskier or less profitable, they do very little.

High-risk people don't dare to do it, and Voice Bank can do it after a detailed assessment. Low-profit people are reluctant to do it, and many of their businesses have liabilities, and the money they earn and pay interest leaves them with nothing, and of course they are reluctant to do it.

But Minsheng Bank can do some of this business selectively. Although the profit is low, there are still some. Their assets are in good condition. Although they make less money now, they can add many more customers. It is also cost-effective in the long term.

Feng Yu is still happy with the overseas development of Min Voice Bank, faster than he thought. Profits don't look very high now, but when enough money is raised, there are more options to invest and higher profits.

Banks are the core of a consortium, and any large consortium has its own commercial bank.

One is that it is easier to mobilize funds, and it is also possible to use other people's money to help you earn money and increase your ability to resist financial risks.

Feng Yu needed a bank of his own, and when he was in the country, he was subject to many restrictions. Don't look at the domestic assertion that joint-stock commercial banks are flourishing, but they are all state-owned holdings.

As a purely private commercial bank, Minsheng Bank is far too poorly developed. Even in some places, foreign banks are less well cared for. Of course, foreign banks are not very well developed in China, and Huaxia is still the world of state-owned banks.

Huaxia has also looked at the business model of island countries, US and other consortia, and has also used the financial industry as a pillar industry to develop. It is considered a very good option to use commercial banks to raise funds, lend them out, or invest in other industries to make money.

Huaxia's reform footsteps have not stopped and does not want to take a picture of any country's old path, because the country is different, touching stones to cross the river, always stumbling.

Today's development has been much smoother, but they have found that some of the national policies that have been pursued are too early, such as the issue of universal social security.

Until now, it has not been completely completed, but a number of hidden dangers have emerged.

For example, people are becoming more and more viable, and pensions are getting longer and longer. When this policy was developed, they calculated it based on the average age in their seventies, thinking that you would retire after 15 years of social security, and that the state would definitely be fine to support you for another decade.

But it's not for more than a decade now, it's for more than 20 years, even 30 years. Pensions then go up every year, as prices go up and basic wages go up.

Fortunately, they found a new way to solve the problem, which is to invest everything in pensions and invest in more profitable businesses, such as Feng Yu's.

The social security gap must not be allowed to widen, which would require higher and higher national incomes. Not only taxes, but also investment income growth of state capital.

The financial industry is an important industry, and the State must of course take control of it. Many people fear not to impose restrictions on Minsheng Bank, then Minsheng Bank will rely on those shareholders' famous effects, especially Feng Yu's famous effects, massively absorb reserves, or raise funds through funds, etc., and State-owned banks will instead be in the downside.

It means that finance, transportation, energy, food, etc. are fundamental to the country and must be firmly in the hands of the country.

Feng Yu had no objection to this, and if he were in that position, he would do the same, which would make the country more stable.

Fortunately, when Feng Yu sent Min Voice Bank to develop abroad, the state also gave him a lot of covert support.

Cooperation with State-owned banks, for example, has become very large, and State-owned banks can grow earlier and faster overseas than Voice Bank, because capital is stronger.

Working with Huaxia's state-owned bank has made many of Minsheng Bank's operations smoother. No one would object to Feng Yu going abroad to collect money.

We all learn from each other and progress together. Feng Yu was not familiar with the banking industry in his previous life, he was best at investing in stocks, futures, funds, etc.

However, he learned a bit in this world and was assisted by a lot of professional talent, which was much easier to develop than he thought.

While Feng Yu waited to think about Yinshan's monthly sales statistics, Masao Tortoise called and said that there were some important things he wanted to ask Feng Yu for help.

Masao Takeda is in trouble? This helper is very important to Feng Yu. Feng Yu definitely needs to help.

But Feng Yu was a little stunned when Masahiro Tortoise told the whole story.

……