Hearing this, Hu Yifu raised his head and looked at Fu Hua: "It's not good to do this. Although Zhang Tiancheng and Zhou Yunyun did such a nasty thing, they can do it, but I can't do it. It's spread out. Some people will say that I acted in a tactical manner and did not abide by the business rules."
Fu Hua didn't really believe that Hu Yifu would not do this. The so-called rules in the shopping malls are just a trick. In private, how many of these big guys really talk about the rules? At this point, you can revisit the experience of those big bosses. Of course, it is their real experience, not the experience they packaged for the public to whitewash. Which experience has no shameful stains
This point Soros said is actually more direct. He pointed out that the essence of economic behavior is deception. Economic history is a series based on falsehoods and lies. The interpretation of economic history is never based on real scripts, but it paves the way. The way to accumulate huge wealth. The way to do this is to recognize the falsehood, invest in it, and quit the game before the falsehood is recognized by the public.
Hu Yifu is very high-sounding, but Fu Hua knows some of his business experience. In Hu Yifu's business experience where success and failure are mixed together, many of his practices, even if they are not despicable, can not be said to be noble at least. Among them, in order to win or preserve certain commercial interests, he also did some things that could not be discussed on the table.
But Chinese businessmen, especially successful Chinese businessmen, have their hypocritical side. They like to package themselves as a perfect business man. Some talk to the public about how to comply with the rule of law in business, while others talk about him. How to apply Confucianism and Mencius to business behaviors, some are dismissive of money in front of everyone, while others say that making money is easy for him, and what he wants more is one. A higher realm, but what exactly this higher realm is, he couldn't say clearly, anyway, it was what he said was covered by Yunshan Mist.
Many people listen to these successful people as jokes, and some even joked that these bigwigs often like to talk about what they lack. People who like to talk about abiding by laws and regulations are actually because he has done some things in gray areas in the course of business; those who like to talk about Confucianism and Mencius and ethics are actually because they have lacked morality, and those who say they want to pursue a higher level Yes, it is purely pretending to be thirteen...
Of course, these are just jokes.
The next day, when Fu Hua was watching the financial news, he saw that the Orange Fruit Game Company owned by star Zhou Yunyun and her husband Zhang Tiancheng used a false capital increase to achieve a backdoor listing on the Hong Kong Stock Exchange, and Zhang Tiancheng did. With a complicated background, this time he participated in the hearing of the acquisition by the consortium in the United States, and he would be shot. According to legend, Zhang Tiancheng had entanglements with the people on the road, and he was shot only because of the uneven distribution of the spoils.
The report also said that Zhang Tiancheng wanted to marry Zhou Yunyun because he wanted to use Zhou Yunyun's status as a top-tier domestic actress to help Zhang Tiancheng conceal his complicated road experience and whitewash the company of Orange Fruit Games. Orange Fruit Game is a pure money laundering company, a tool borrowed by Zhang Tiancheng, a financial broker.
At the end of the report is also attached the latest issue of Orange Fruit Game’s financial statements, which have been interviewed by the reporters with the employees of Orange Fruit Game. The financial statements and employee statements indicate that Orange Fruit Game has been idling for some time recently. No real business happened. This seems to further confirm that Orange Fruit Games is a company used for money laundering.
The media that first published this report was an established newspaper called Xindao Daily. This newspaper in Hong Kong has always been known for its professionalism and accuracy in reporting, and has a very high status in the hearts of Hong Kong citizens. The New Island Daily published such a report, which immediately caused an uproar in the Hong Kong stock market. As soon as the report was published, the share price of Orange Fruit Games plummeted, and by midday, it had fallen by 20%.
Seeing this, Fu Hua couldn't help but sneer secretly, saying that this is probably what Hu Yifu said he would not use the next trick? But since Hu Yifu said that he would not use this technique, who was it that used this technique to deal with the orange fruit game? I don't know, anyway, Hu Yifu denied that he would do this. Ha ha.
Hong Kong has always advertised itself as a port of free economy, and the weapon that Hong Kong can ensure that the free economy will last for many years is an extremely standardized economic system and legal system. The next day, it was reported that Orange Fruit Technology received a letter of inquiry from the Hong Kong Stock Exchange. , Requires Orange Fruit Games to provide a reasonable explanation for the financial statements appearing in the report and the interviews with employees. As a result, the share price of Orange Fruit Games continued to fall.
But the matter did not stop there. In a follow-up report, Xindao Daily pointed out that Orange Fruit Technology also inflated its goodwill during the acquisition process. In the financial statements, necessary goodwill impairment must be carried out to be able to do so. Reflects the real financial status of Chengguo Technology.
The so-called goodwill is specifically manifested as the part of the purchase price paid by the purchase company in a business combination that exceeds the fair value of the net assets of the purchased company. This is often one of the ways companies use acquisitions to increase their assets. The value of goodwill can be manipulated. In order to obtain business, some appraisal agencies often give high appraisal prices to the subject matter acquired by the entrusting party.
Asset impairment refers to the decrease in the value formed by the recoverable amount of an asset being lower than its book value. Asset impairment means that the current economic benefits of the asset expected to bring to the enterprise are lower than originally expected when it was recorded. When assets are impaired, in accordance with the requirements of the principle of prudence, they should be booked at the reduced asset value to release risks. Therefore, the essence of the recognition and measurement of asset impairment in accounting is the re-recognition and re-recognition of asset value. Metering.
As far as goodwill is concerned, it is often faced with the problem of possible impairment, and it is often necessary to reconfirm and remeasure the value of goodwill.
It should be noted that the accounting recognition and measurement of asset impairment, including goodwill, is not based on the recognition and measurement of actual transactions in traditional accounting, but more based on the present and focusing on the future. As long as the evidence of the decrease in the value of the asset already exists, as long as the impairment of the asset value can be reliably measured, as long as the decision is relevant, the decrease in the value of the asset should be confirmed.
Recently, the impairment of goodwill has become one of the important reasons for the decline in stock prices. This is because due to the deterioration of the economic situation, the assets acquired by many listed companies often fall short of the profit targets they expected at the time of acquisition. So impairment has become a necessary accounting act.
Fu Hua was a little surprised by this method of devaluing the goodwill of the orange fruit game. The impairment of goodwill is a double-edged sword, and the use of it as a tool by the Xindao Daily will inevitably cause the Hong Kong Stock Exchange to severely review the goodwill value of the acquisition of Orange Fruit Games. If Orange Fruit Games wants to incorporate this consortium acquisition project into a listed company at this moment, the corresponding operating space for thickening assets will be greatly compressed.
On the other hand, if others want to incorporate the acquired project into a listed company, they will also be compressed their operating space. Fu Hua is a little bit confused about the latest report from Xindao Daily. Could it be this time? Hu Yifu is not the trader dealing with Zhang Tiancheng? Because Hu Yifu obviously also wants to incorporate the project into the highlight technology. He shouldn't compress his operating space, right
Almost at the same time as the new report from the Xindao Daily, Orange Fruit Games also issued a clarification announcement. The announcement stated that Orange Fruit Games is a game company that strictly abides by laws and regulations. The chairman of the company, Mr. Zhang Tiancheng and his wife, Mrs. Zhou Yunyun, are both law-abiding. Citizens also perform their management responsibilities for Orange Fruit Games strictly in accordance with the requirements of the Hong Kong Stock Exchange. The report of Xindao Daily is completely irresponsible and fabricated. The latest financial statements of the so-called Orange Fruit Games displayed by Xindao Daily and the corresponding The employee interviews were completely fabricated. Chengguo Game and Mr. Zhang Tiancheng and Ms. Zhou Yunyun reserve the right to pursue the corresponding responsibilities of Xindao Daily in accordance with the law.
On the surface, this clarification announcement seems to be righteous and strict. It seems that Zhang Tiancheng and Zhou Yunyun are really innocent, but Fu Hua noticed that there is still a lot of room for the wording of the announcement. The announcement only says to keep it. The right to be investigated in accordance with the law does not mean that a lawyer has been asked to study how to pursue the legal responsibility of the Xindao Daily in accordance with the law. This makes Fu Hua feel that this announcement is somewhat of a bluff.
Two days later, after you come and go, the situation suddenly undergoes a subtle change. The Xindao Daily did not continue to publish any follow-up reports. It seems that after the re-approval of the Orange Fruit Game Company, the Xindao Daily disappeared. The bullet continues to attack again. And Chengguo Game did not say to take advantage of Xindao Daily’s offensive power to launch a counter-offensive and formally sue Xindao Daily in court.
There was a brief period of peace between the two sides, and both sides died down. After another two days, a new report about the acquisition project of the Bright Bright Science and Technology Consortium appeared in the mainland securities newspaper. The report said that after the investor team coordinated with each other, some investors withdrew from the team, and the exit held the share of the project. It was acquired by Bright Light Technology.
Fu Hua couldn't help but laughed when he saw this report. There is nothing new in the sun. In the past few days, Xindao Daily and Orange Fruit Games have been going round and round. To put it bluntly, the two forces are fighting each other for control of the project. That's it. Now that the result of the fighting method came out, Zhang Tiancheng, a nouveau riche, had never fought against Hu Yifu, an old fox. I just don’t know if Hu Yifu sees him again, will he still be in that tone of disdain to use tricks