On December 20, the auction of Prince Technology was held as scheduled. △↗

A few days before the auction, Wang Zixuan shouted and posted a scarf: "There is no doubt that the era of mobile Internet has arrived. In this era, we are not behind any country, and are even in the leading position in the world. However, it is never a good thing to dominate one person, and the competitive market is more dynamic, so we have sold many projects and don't even mind selling projects to our competitors.

Do you take a taxi or eat it? They are all software that can change the industry. As long as you do it seriously, their valuation will definitely exceed 3 billion US dollars in two years, and it will not be surprising to me that it will reach 30 billion US dollars in five years. Of course, the premise is to continue to burn money and promote reforms in related industries.

That’s right, Wang Po sells melons and boasts about himself.

We welcome domestic ambitious Internet companies to place bets and embrace the mobile Internet era together.”

This scarf is a bit cruel.

“Can you go from three billion dollars to three hundred billion dollars in three years?”

"I believe in my husband, but why is my husband willing to sell such a good project early?"

"I wonder why my husband sold these projects?"

...

Under the question of countless netizens, Wang Zixuan posted another scarf: "Mobile Internet will change the entire society, the costs of all industries will be reduced, and the public will become the beneficiaries, but every change will trigger the killing of old interest groups.

For example, taking a taxi will touch the interests of taxi companies and related departments. To popularize taxi, we must promote reforms in the taxi industry.

There is no doubt that taking a taxi can solve the problem of difficulty in taking a taxi. This market is also big enough, but Prince Technology is not here.

What I am most interested in is the financial industry, and my main energy is also focused on this part. The reform of the financial industry is the most difficult.

When a simple Yu'ebao was first done a lot of work. After a period of work, the second financial product was finally about to be implemented.

I couldn't eat so many cakes by myself, so I had to choose to sell projects and work with other companies to promote this change so that the public can enjoy the convenience brought by the mobile Internet earlier."

This is Wang Zixuan's truth.

Everyone believes it too.

What taxi has touched the interests of taxi companies. Even if Wang Zixuan's influence is supported, are there still some places that ban taxi?

No matter how powerful Wang Zixuan has, he cannot promote a change alone. Even if the mobile Internet era is the general trend, under the obstruction of old forces, it will obviously take some time to win over some allies to promote the mobile Internet faster.

Of course, everyone is also very interested in the second product that Wang Zixuan mentioned.

Yu'ebao has made many people more pocket money, but the yield rate has declined recently. Overall, it is only suitable for change investment and is not a good financial product.

"Please disclose a second financial product."

"Beg for the answer."

"Roll all over the ground and beg."

...

Originally, Wang Zixuan was going to announce it a few days later, but after seeing netizens asking for it, he didn't hide it anymore: "The second product is called financial management, which is actually financial management sold by some banks and insurance companies, but it has become Internet sales, and it also takes advantage of some Internet advantages.

In order to ensure the safety of investors' funds, the first batch of wealth management treasures were all guaranteed by principal and interest, with a fixed interest rate of 7% for one year. The reason for encountering many difficulties is that financial treasures, like Yu'ebao, can be withdrawn at any time. Moreover, early withdrawal will not affect the previous interest.

For example, if you invest 10,000 yuan, you originally planned to invest for one year, but you withdraw it in advance after 6 months, then you can also get interest of 350 yuan. The interest will not be deducted, but you will only pay a handling fee of one thousandth.

Financial treasures can withdraw cash at any time, and there will be no interest penalty. It is not that I take the money to advance, which is illegal. Instead, Yu'ebao users can make an appointment in advance. Once someone withdraws it in advance, we will purchase it in order.

To put it bluntly, it is to use the Internet to buy financial products, thus turning ordinary financial products into financial treasures that can be extracted at any time.

The threshold is also lowered. You can buy financial management treasures if you exceed 100 yuan.

However, because banks and fund companies have launched fewer guaranteed financial products, the scale of the first phase of wealth management may be only about 100 billion.

If an individual or a small and medium-sized enterprise has an acceptance bill or other guarantee and can accept 7% interest, it can also be added to the treasure.

If it goes well, Financial Treasure will also provide you with some financial products with low risk but may have higher yields for everyone to choose from.

In general, the current financial innovations are all about security as the top priority.

I hope that Caibao can provide you with more and better investment options, and can also solve financing problems for some companies and reduce the financing costs of the entire society."

The treasure that Wang Zixuan made was actually part of the treasure that Alibaba later made.

When Alibaba was building Yu'ebao and attracting Caibao, financial reform had already advanced some of its progress, and the resistance it was not as great as it is now.

Because the emergence of wealth management treasures will once again erode the bank's profits, facing wealth management treasures that can withdraw cash at any time, the same financial products that guarantee principal and interest payments of banks are not attractive, let alone financial products that do not guarantee principal.

Note discounting is also a business of banks, and the bill loans prepared by Caibao also erode their profits.

If the scale of wealth management treasures was not able to expand rapidly in the short term, the bank would have even louder opposition.

Wang Zixuan's scarf immediately excited netizens.

During this period, Yu'ebao's seven-day annualized yield has dropped to about 4%, which is only higher than bank fixed deposits and can no longer meet the expectations of many people.

The fixed income of 7% of Wealth Management Treasure is much more attractive. This is already the interest promoted by many wealth management products, and it can be withdrawn at any time. It is simply perfect. It is much better than Yu'e Bao, which has unfixed interest.

"My husband is mighty, I want to buy financial management treasure."

"Yu'ebao has a scale of more than 3 trillion yuan, and the wealth management treasure is only 100 billion yuan. It seems that it is going to fight for the speed again."

"Is there another feature of the Internet? I have to buy it every time. Can I buy it directly?"

"My husband is great, and he's always trying to make money for everyone."

"What I said above is right. My husband is really trying hard to make money. The handling fee is much lower than that of the fund, and it is only 0.1%, and the scale of 100 billion is 100 million. If you deduct expenses, it is probably a waste of time. Think about my husband's ability to turn stones into gold in the capital market and the Internet, and the entertainment industry. Playing Internet finance is completely making money for everyone." (To be continued, please search for astronomy, novels are better, updated and faster!
Chapter completed!