Chapter 1403 (1/2)
(it's a little late today. It's mainly because the Internet makes people exhausted! Sorry!)
After school, American Idol went crazy all over the country. On campus, everyone is crazy about this million dollar cash.
This is a crazy era.
Of course, the crazy is not only the American entertainment industry, the campus, but also the stock market.
Today, Shi Dazhu called. Qin Feng knew that Nasdaq was soaring and going crazy.
”Brother, you asked me to buy Microsoft stock two years ago. I've been buying it all these years. I've invested almost $120 million. Now it's more than 300 million!” Shi Dazhu exclaimed.
Now, the total market value of Microsoft is more than $400 billion. You know, before that, when Qin Feng asked Shi Dazhu to buy, the total market value of Microsoft's stock was only about 180 billion.
This time, it went up so crazy.
It's scary.
Qin Feng blinked.
I seem to be a little short of money now.
Qin Feng calculated that at present, there are only more than 8 million US dollars in his foreign account. This is all Qinfeng's overseas assets. Of course, it does not include all kinds of real estate.
As for domestic, they are all used to pay off debts. All the money Qin Feng made was used to pay off his debts. In the short term, it is impossible to provide any funds for blood transfusion with Qin Feng.
No way. Qin Feng's pace was too big before. In fact, it was mainly because he created several industrial factories and companies one after another.
Steel plant, automobile plant and CPU are too expensive in these three fields. Unless house prices soar to an incredible level and return to 20 years later, Qin Feng will not have money in his hands.
These are 10 billion plates. They are all borrowed money. The interest rate is a lot of money every year, which is why the bank gives loans with the lowest interest rate possible. But no matter how low the interest rate is, the amount is huge. It's a lot of money.
Every year, all kinds of interest are close to 1 billion. This is the beginning of 1999, 1 billion, too scary.
But how? These are all 1.8 points of interest.
In other words, Qin Feng only bears the interest of RMB 180 million for RMB 10 billion. Since ancient times, there has hardly been such a low interest rate.
However, the amount of loan is too high, which leads to the interest of 1 billion yuan to be paid back by Qin Feng every year. Plus the principal, it's a headache.
Therefore, the hard-earned money is used to fill these holes. In particular, iron and steel plants and automobile factories are solely owned by Lin Feng. All this money is naturally used to pay off debts. There is nothing to say.
Therefore, if Lin Feng wants to develop abroad, he can only make extra money by himself.
In the past, I could earn a wave from boss Yan. But obviously, now boss Yan has another way to go. I didn't find Qin Feng. Qin Feng doesn't know what road it is. In short, boss Yan doesn't let Qin Feng go anymore.
Qin Feng doesn't know why. Maybe it's also because of what boss Ming said or did behind his back. After all, this road is disgraceful, makes money, is not aboveboard, and is easy to cause trouble.
Therefore, it makes sense for boss Ming not to let Qin Feng make money from it for the reason of protecting Qin Feng.
Therefore, Qin Feng has to make money. Because if Facebook really wants to develop, it must continue to throw money in the middle. If you don't want the shares to be diluted, you have to invest yourself.
No money, how to invest.
More than $8 million. It looks like a lot, but it's really not much.
Now, for example, there is only $7.3 million left. Where did the money go?
No, it's on campus.
To make money, NASDAQ is about to collapse. The Internet bubble is going to collapse. You can make a wave before you break down.