Is Wang Zixuan so noble?

To be honest, there is really, at least in this matter, he is thinking more about benefiting ordinary people. ←

Although Yu'ebao and Finance can increase Alipay's users and consolidate Alipay's position as the leader in the third-party payment field, without Wang Zixuan, Ma Yun will sooner or later make these products.

He is not a genius. Apart from the years he was reborn, he could not see the future of Internet finance. At least now it seems that Internet finance does not have much profit.

The company he now owns can bring Alibaba Group to the height of his previous life, and under his influence, Alibaba Group should be more sharp.

In a few years, it will be a group worth hundreds of billions of dollars.

Although other companies don’t have any gold fingers, Prince Technology’s WeChat has become the leader in the fields of instant messaging and social networking. With the popularity of smartphones, global users should be able to reach about 1.5 billion. Prince Mobile acquired Motorola and strived to acquire Nokia in the future. Maybe it can really make a better product than Apple. Even if it cannot be done, it should be able to become a good mobile phone brand.

Prince Holiday has also been on track and has a high reputation around the world. With the support of the brand effect and the sharp increase in outbound tourists in China, the profit will also increase.

The "Voice of Good", "Running Man", "I Am a Singer", "Where Are We Going, Dad", "Sister of Flowers", "Chinese Character Dictation Conference" and other programs can also be fully put into operation for several years. With the profit support of these programs, the company will launch more programs next year, and there are always some programs that can become ace programs, allowing Evolution Media to embark on a virtuous cycle.

Tottenham and the Clippers have also embarked on a virtuous cycle. Hundreds of millions of fans around the world have brought huge revenue to the club, and the club can also buy the best stars to ensure the record and attract fans.

As for Romani Condi Winery, as long as the quality is guaranteed, it is impossible to lose money at any time, because he is the king of red wine, but under strict restrictions, the profit is not high.

These companies are thriving, and they have long lost their previous entrepreneurial motivation. Playing Internet finance is basically to fulfill their promises and design some products that can make the public profit.

At the same time, he also fantasized about making economic reform faster and avoiding the economic downturn in a few years.

For him now, it is interesting to find some challenging things.

...

Some experts have also analyzed the advantages and disadvantages of financial management.

Financial management can be said to have achieved two advantages: high interest rates and current conditions. If the financial management system is large enough, it can completely collapse the deposit system of the entire banking system and cause a large deposit move again.

However, there are not many financial products that guarantee principal and interest payments on the market. Even Yu'ebao users cannot meet the issuance scale of 100 billion. It can be said that the emergence of wealth management will not have much impact on banks this time, but will grab Yu'ebao's funds.

It can also be said that it is to stabilize the share of Yu'ebao, because as the interest rate of Yu'ebao is reduced, some users will consider whether to invest in financial products of banks and insurance companies with higher interest rates. Now that there are financial treasures, although they may not be able to buy them for the time being, they can also make a pie to satisfy their hunger.

Of course, this is all temporary. Once the wealth management treasure expands the types of wealth management products, it will still impact the sales of wealth management products of banks and insurance companies.

However, it cannot be said to be a simple impact. For formal financial products, this should be a win-win situation.

Banks and insurance companies sell their financial products, while Financial Treasure plays the role of a platform, using huge Yu'ebao funds to instantly allow banks and insurance companies to complete the sales of financial products. Banks and insurance companies can greatly reduce sales costs.

So why do banks oppose the launch of wealth management treasure? Because the wealth management products sold by banks are of varying quality, many of them are high-risk products. They can also obtain higher profits. Faced with customers with little financial knowledge, they will only say how high the profit is, and no one can understand those complex financial products, and they can only admit that they have to lose money when they are due.

With the platform of Finance Treasure, Finance Treasure will have professional personnel to analyze the risks of these financial products. It is naturally difficult to fool these professionals than to fool ordinary people. Some financial products may not be available for sale, or are marked as high-risk products by Finance Treasure, which will greatly affect their interests.

It is precisely because wealth management treasure can regulate the financial product market to a certain extent and save costs that wealth management treasure will receive support from senior management and be allowed to be trial-operated on a small scale.

Of course, financial management is not without hidden dangers.

For example, its cash withdrawal and appointment service functions are a double-edged sword.

In the early days, the issuance scale of wealth management treasures was small, and the appointment customers were definitely far larger than the withdrawal customers, so there would be no problem in meeting withdrawals at any time. However, once the scale of wealth management treasures reached trillions or even trillions, the appointment customers may not be able to cover the needs of withdrawal customers at this time, resulting in difficulty in withdrawing cash.

In other words, this kind of logical game similar to the drum passing flower cannot be played smoothly. At that time, the treasure management can only change the rules, or Wang Zixuan injects funds for turnover.

And Wang Zixuan's fund pool is illegal.

In short, financial management cannot cause any problems at present, but when the scale is enlarged to trillions, some problems may arise.

This is also the reason why financial management is gradually advancing.

But no matter what, Financial Treasure is a very excellent Internet financial innovation.

There is basically no objection to this point.

The public naturally praised Wang Zixuan for constantly designing safe and profitable financial products for everyone.

While launching wealth management treasure, Alibaba Group also increased the capital of Alibaba Microfinance.

Alibaba Microfinance is a pure credit loan that does not require collateral or guarantees. However, it is only provided to Alibaba members. Alibaba Microfinance controls risks through the big data such as the transaction volume of members in Alibaba. It mainly solves the short-term and small-scale capital needs of some small and micro enterprises, which are generally less than 10 million yuan.

Alibaba Microfinance has helped many Alibaba members and its operations have always been healthy. The non-performing loan rate is even lower than that of banks with mortgaged loans.

Wang Zixuan hopes to take multiple measures to reduce the financing costs of society. Although he also feels a little delusional, because the hot real estate industry has attracted a large amount of funds to enter the housing market. The rising housing prices have also made real estate companies willing to bear relatively high interest rates. With his current ability, it is difficult to reduce the financing costs of the whole society. (To be continued, please search for Astronomy, novels are better, updated and faster!
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