Aside from Ali.
Jingdong.
Su Ning.
Go.
Dangdang.
Dostic e-comrce platforms or semi-e-comrce brands like HC360 have begun to evaluate the feasibility of this installnt model. If Tang Qing says it’s one of the mainstream thods, then it must be correct.
The only question is whether it suits them.
...
Fudan.
"Tang Qing, why don’t installnt plans include allowances for enrolled students? Not even a credit limit of five hundred," Zhong Liang asked. Although he didn’t need it, he couldn’t resist asking Tang Qing. After all, students have substantial consumption power.
Tang Qing paused the sketching in his hand.
He looked up.
"Installnt is overdraft consumption. The monthly repaynt might take up half of most students’ living expenses. While I trust their credit capability to pay back, I simply don’t want to profit from their living expenses."
"That’s all."
Upon hearing this.
Zhong Liang felt imnse respect.
Among entrepreneurs.
Tang Qing’s sense of social responsibility was unparalleled.
"You made the right decision." Zhong Liang nodded thoughtfully and added, "But if you don’t do it, and Ali steps in to provide credit limits for students, allowing them to buy your Epoch smartphones, what then?"
Tang Qing chuckled.
"Ali won’t offer a student a five or six thousand credit limit. At best, it’ll only be one or two thousand to start, gradually increasing over ti. anwhile, students have other purchasing needs, so amassing enough credit to buy Epoch smartphones is nearly impossible."
Zhong Liang suddenly understood.
He had been overthinking it.
Zhong Liang then asked, "So, are international sales growing significantly?"
"No, hardly." Tang Qing shook his head.
"???"
"Internationally, Epoch smartphones don’t offer installnt options based on the company’s model."
"Why?" Zhong Liang was puzzled.
"Interests, installnt plans, banking powers—a credit card is also one of the largest sources of profit for Western banks. Dostic banks don’t oversee this because higher-level policies prioritize requirents for banks rather than pursuing profit above all else."
"That’s why Alipay can exist dostically. Abroad, Alipay would be illegal under their laws."
"Foreign banks are different. Being private enterprises, they prioritize profit first, leading to monopolistic banking groups. Anyone attempting to encroach on their territory or disrupt their cake will face resistance."
Banks have different responsibilities.
And different operating styles.
Dostic banks primarily execute the Central Bank’s monetary policies, ensuring stable national economic operations, maintaining fundantal financial security, and conducting business. They don’t chase after every penny strictly for profit.
Naturally.
Despite being competitors.
From the beginning.
Dostic banks did not impose the harshest restrictions on Alipay or WeChat Pay.
They even encouraged innovation.
Foreign banks, on the other hand, have only one goal: making money. They will use every ans available, fiercely resisting any competitors that appear to challenge or reform their domain—a single word sums up their approach: "fight."
"Quite terrifying. Suddenly, dostic banks seem much kinder." Zhong Liang chuckled bitterly.
"In so aspects, yes."
...
In the days that followed.
The impact of installnt plans gradually beca apparent. In just one week, Epoch smartphones tablets’ dostic weekly sales exceeded one million units—a phenonon that hadn’t been seen since Epoch’s initial release.
"Qingyuan Technology is on the brink of going public. Tang Qing’s rollout of installnt plans and credit limits is truly aid at boosting Qingyuan Technology’s montum."
"Reportedly, Ali and major e-comrce platforms are also gearing up for installnt functionalities."
"Installnts, the sharp weapon of e-comrce."
"The U.S. subpri crisis is evolving into a global economic crisis. Amid weak consumption, experts suggest this is an effective thod to stimulate the economy and aid in recovery."
"Caution! Should university students be exposed to overdraft consumption so rapidly?"
"..."
Dostic dia was abuzz with excitent.
Forbes’ spotlight was fading.
Tang Qing imdiately introduced installnt plans, providing ample material for in-depth coverage, requiring no extra effort. Plus, with Qingyuan Technology going public internationally, as its ho base, dostic dia outlets were naturally supportive.
The dia.
Their support ca as promotion.
Conversely.
Western dia was less enthusiastic; after all, Qingyuan Technology wasn’t being listed in a Western country. They showed little interest. However, while the dia remained indifferent, many international capital groups were highly intrigued.
Microcrystalline Technology had already earned them considerable profits.
Qingyuan Technology.
A premium stock.
Given the current financial crisis.
Opportunities to profit are scarce. When they appear, they must be seized. Capital prioritizes appreciation, not emotional sentints that lack tangible value. Qingyuan Technology’s subscription offerings had begun.
...
Wall Street.
A certain investnt firm.
"No updates yet on Qingyuan Technology’s IPO details?"
"Sorry, Manager. The Burse exchange maintains top-level secrecy. As you know, they’re not interested in sharing information with us. When have we ever obtained anything useful?"
At this point.
The subordinate smiled bitterly.
Although Burma has just shifted out of its agricultural country status, its internal stability is exceptional. Information inquiries only yield irrelevant details, and even if offered substantial bribes, they remain tight-lipped.
Anyone bold enough to accept bribes.
Ends up singing prison dirges.
"Alright. Truly a peculiar country."
"Indeed."
...
London.
A major financial firm.
"Our subscription qualification has been approved, and two hundred million dollars have entered the Burse stock exchange accounts."
"That’s good."
"Should we invest more? This week, Qingyuan Technology’s sales have surged dramatically. Their weekly revenue neared eight hundred million dollars. Their first quarter earnings report for 2008 is bound to be impressive."
"Hmm, add another hundred million dollars."
"Understood."
With public anticipation mounting.
March 11th.
Qingyuan Technology announced its IPO details.
Shares account for 20% of the total.
Final valuation reached 20 billion dollars.
Total funds raised amounted to 4 billion dollars, approximately 28 billion Asia Dollars. Offering price was 20 Asia Dollars per share, totaling 1.4 billion shares—making it the largest private enterprise IPO on the Burse exchange.
Burma.
"Another new stock."
"After four months of waiting, it’s finally here."
"Tang Trillionaire, it’s starting to sound better and better."
"..."
Anticipation for new company listings.
Burma’s stock investors were eager.
Qingyuan Technology.
Beca the first foreign-listed high-tech enterprise on the Burse exchange—and one with imnse reputation. Epoch smartphones had revolutionized the era, with stellar sales in Burma.
Stylish design.
Durable.
Fast operational speed.
Extrely user-friendly.
Such a company undeniably warranted support. Many who missed previous wealth-generation opportunities flocked to local securities exchanges to open accounts and subscribe to Qingyuan Technology’s shares.
Within one day.
Subscription multiples continuously climbed, reaching 2.5 by evening.
The next day.
3.4.
On the third day.
4.1.
In other words, each share had 5.1 subscriptions, with a success rate of around 20%. This subscription frenzy was even after the Burse exchange imposed custor screenings and entry thresholds.
Otherwise.
It might have skyrocketed further.
Fortunately, the Burse exchange employed a major client chanism, allocating so issued shares to big clients. The rationale was simple: these individuals were adept at market operations, and occasionally, markets indeed needed so ’strategizing.’
By the subscription closing date, the multiple approached six.
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