The unparalleled talent of the country started from Harbin Institute of Technology

On January 21, 1988, in the conference room of the Want Want Group headquarters building in Harbin, Wang Duoyu and others gathered to hold the 1987 annual summary meeting.

In 1987, Want Want Group developed rapidly, and the revenue of its many subsidiaries soared. The most dazzling of these was Maple Leaf Holdings.

As in previous years, the annual summary meeting followed the same procedures.

Meanwhile, the number of senior executives attending the conference gradually increased, while the number of relatives from the Wang family remained unchanged, with neither an increase nor a decrease.

The first to give a report was Xue Lisheng, a senior executive of the Wang family.

Xue Lisheng was in charge of the Brabus watch factory, which was beginning to diversify, but its collaborative projects with Pandora were increasing.

We'll plan out the specifics of how things will develop from here on out.

In 1987, the total domestic revenue increased to 620 million RMB, which was a very pleasing increase.

In 1985, it was only 438 million RMB. A year later, it grew to 620 million RMB, an increase of nearly 30% in two years.

In terms of export earnings, it has increased significantly compared to 1985, reaching US$18.9 million, a remarkable breakthrough.

The main reason is that after 1985, the number of luxury watch series increased.

The product has gained significant recognition overseas and is quite popular, resulting in a substantial increase in sales.

clap clap clap!
Inside the meeting room, enthusiastic applause erupted. Everyone was very happy, after all, they had made money.

Next is Liang Shengzhi's complex muscle shark sports brand, which maintained relatively stable growth despite last year's stock market crash.

Total revenue was $50.82 million, which isn't a lot, but it's stable.

Even though the results weren't great, everyone still gave them a very warm round of applause as a gesture of respect.

Then came Xibeier Women's Wear, which Qu Haiping was in charge of. The number of stores of this brand did not increase much, still remaining at 272.

Because Wang Duoyu predicted the stock market crash, the store did not expand or add any new buildings in 1987.

Meanwhile, the total revenue for the year was 8 percent less than that of 1986, with a total revenue of US$235 million.

To be honest, compared to the $227 million in 1985, there isn't much difference.

Everyone knows that the stock market crash has a significant impact on the global economy, but no one expected it to have such a large impact on the manufacturing industry.

Following closely behind was Yuebu, which was under the leadership of Wei Ruolai. The company's revenue did not decrease; on the contrary, it remained the same as in 1986, with total revenue reaching US$1.25 billion.

It is truly not easy to achieve this.

"Excuse me, let's have Old Joe give the report next."

Just as Wang Jianchao was about to give his report, Wang Duoyu suddenly spoke up, which surprised everyone. They then all looked at Qiao Hanliang.

The export-oriented industries and their marketing efforts have been hampered by the stock market crash.

So when Wei Ruo came to report to them just now, although everyone was laughing and clapping, Wang Duoyu could tell that everyone's smiles were a bit forced.

There is no doubt that the stock market crash had a comprehensive impact on the global economy.

However, the integration between China and the international market is not very deep, which means that export companies will be affected, but other aspects will not be affected as much.

"Okay, professor, everyone, this is the Magic Child Toy Factory."

Upon hearing this, Qiao Hanliang smiled and spoke.

In fact, the revenue of the Magic Child Toy Factory overseas has also declined, but before the stock market crash, and even throughout the first half of the year, it had been conducting marketing.

Discount promotions are always ongoing.

As a result, the annual overseas revenue of the Magic Toys factory was slightly higher than last year, with a global total revenue of US$132 million and a domestic total revenue of US$268 million.

These two figures are quite impressive.

Compared to other products, the products of the Motong Toy Factory were not significantly affected by the stock market crash.

Simply because toys are a necessity for many children.

Moreover, if marketing is done well, revenue won't be too bad either.

Of course, overall, the revenue growth of Motong Toy Factory was not as good as last year.

Even so, everyone still gave them a warm round of applause.

After Qiao Hanliang finished his report, it was Wen Shixuan's turn to speak, the person in charge of the Red Star Group.

Hongxing Group is the first enterprise to be upgraded to a group company. Currently, it only has two units: a steel plant and a chemical plant. Relatively speaking, its business is still relatively simple.

Furthermore, as the first group company, its revenue and profits were not impressive.

Of course, all of this is just the beginning, and it's not time to show our strength yet.

Compared to previous years, this year the steel mill has successfully obtained 32 patented technologies, putting it far ahead of its domestic counterparts.

Everyone applauded with great joy upon hearing this.

Thirty-two patents, and several of them are quite crucial.

Even Wang Duoyu specifically praised Wen Shixuan, saying that he did a very good job.

Then came Facebook CEO Tong Zhigang, and everyone gasped when he spoke.

"Just this past December, our Facebook page saw an average of over 800,000 daily pageviews, and we're not far from reaching one million pageviews."

A daily traffic of one million visits is the goal that Wang Duoyu set for Facebook, and achieving this goal is not an easy task.

However, since Wang Duoyu has set such a goal, it means that he has a chance of achieving it.

It's 1988 now, and this year it might even break the two million daily traffic mark.

As time goes on, Facebook will offer more content in various aspects.

Once the daily traffic increases, Wang Duoyu will definitely have Tong Zhigang and the others plan more events, such as the famous All-American Campus Goddess Contest.

There are many universities in the United States. Not to mention top universities such as Harvard, Yale, MIT, and the University of California, there are also many community colleges.

If even half of the students in these schools spend half an hour surfing the internet every day, Facebook's daily traffic will definitely experience explosive growth.

However, there's no rush to implement such measures now, because Facebook's current content isn't rich enough and doesn't attract enough people.

When traffic comes in, successfully capturing it is not an easy task.

Therefore, we must find ways to create more content, but creating content is not so easy; it requires time to accumulate.

However, Facebook has not yet started advertising, even though companies such as IBM and Apple have contacted them wanting to place ads, but they have been rejected.

Launching ads now is too early, and it would be a huge disadvantage for Facebook.

"In addition to our daily traffic, we are also seeing our daily traffic in Asia and Europe gradually exceed 10,000 or 100,000, which is quite impressive."

"Based on the current sales of Alienware computers from Walsin Technology, we expect to achieve daily traffic exceeding 500,000, or even 1 million, in multiple locations worldwide this year."

clap clap clap!
The applause grew even louder, because this was great news!

Furthermore, Tong Zhigang also mentioned Walsin Technology, which is definitely Want Want Group's trump card, since the company launched the Alienware computer, an incredibly popular product, last year.
After Tong Zhigang finished his report, it was Yuma Clothing's turn next.

After all, there are only four companies left that haven't reported their work yet: Yuma, Pandora, Walsin Technology, and Maple Leaf Holdings.

As soon as Zheng Baoyin began to speak, everyone couldn't help but applaud and offer encouragement.

Because compared to last year, Yuma Clothing's sales are actually lower than the year before.

In 1985, Yuma Apparel's total global revenue was US$666 million, but in 1987, the total revenue was only US$630 million.

Differs greatly.

After all, even Christmas shopping sprees couldn't salvage the situation once the stock market crash occurred.

From late October to December 31, over those two months, Yuma Clothing's sales were cut in half.

Therefore, losing more than two months of revenue will naturally have a significant impact on the total annual revenue.

However, revenue in China has been steadily increasing, still reaching 620 million RMB.

clap clap clap!
Wang Duoyu personally led the applause, and everyone followed suit.

"The stock market crash has both advantages and disadvantages, as everyone has seen. The impact on the manufacturing industry is still very significant. Even though we made relevant preparations in advance, the revenue figures are still not very good."

Everyone nodded in agreement upon hearing this.

This is the drawback of capitalist economies; every now and then, one crisis or another will erupt.

After Wang Duoyu finished speaking, it was Wang Jianchao's turn to report on his work.

Pandora's total overseas revenue in 1987 was indeed very poor, at only US$805 million, which was not only less than the previous year's revenue, but also far less than the total revenue of US$1.12 billion the year before.

The impact of the stock market crash on the manufacturing industry is thus evident.

Upon hearing this, everyone couldn't help but gasp in surprise.

This revenue is indeed not very good.

Even several senior executives who had just joined the annual summary meeting couldn't help but change their expressions upon hearing this.

In the past, Pandora was a major revenue contributor for the Want Want Group.

Although Walsin Technology has taken over as the current top revenue earner, everyone is still very downcast because of the significant drop in Pandora's revenue.

We are all in the same boat; we share the same fate, whether it's prosperity or ruin.

No one would wish for Pandora's revenue to reach new heights, rather than decline.

After Wang Jianchao finished his report, it was time for Yu Kexue, the person in charge of Huaxin Technology, to give his work report.

Walsin Technology's product is the Alienware computer, which was launched in June 1987 and broke various records upon its release.

Its price was only US$399, and in 1987, its total global sales overseas reached 21.92 million units.

In other words, the total revenue is US$8.746 billion.

Wow!
Everyone guessed that Walsin Technology's revenue would be very high, but no one expected it to be this high.

Furthermore, the cost of the Alienware computer is still being reduced, and it has already been brought down to 700 RMB.

Of course, there is also a considerable profit margin on this cost in China.

After all, the actual cost is definitely far less than 700 RMB, because the upstream supply chain definitely needs to make a profit.

Moreover, the assembly plant is not only located in Harbin; there is also an assembly plant near Liede Village in Guangzhou.

When these alien computers were exported from Guangzhou Customs or Harbin Customs, the cost was 800 RMB.

By the time they arrived at US customs, the price had already reached over $360, and most of the profit had been taken away.

The profits are not in the country, nor in the United States, but overseas.

These funds will be used to invest in or purchase oil, food, and mineral resources, or to acquire technology or businesses.

There are many procedures involved in how to carry out the operation.

clap clap clap!
Inside the meeting room, thunderous applause filled the air, and everyone's faces beamed with smiles.

To be honest, in 1987, if we exclude Maple Leaf Holdings, only Walsin Technology performed the best. Other companies were more or less affected by the stock market crash and did not perform very well.

Learn from our experiences and lessons, and then gradually make corrections in the future.

After Yu Kexue finished his report, the main event of the day began.

Maple Leaf Holdings has more than 40 directly affiliated financial companies worldwide, including Interstellar Financial Group, Infinite Group, and Horizon Capital, which are based in Singapore alone.

There are also several companies on Wall Street, including Maple Tree Capital, Sun Capital, Blackwater Associates, and Conch Capital.

Others include Summit Global, based in London; Atlantic Investment, based in Japan; and C'estbon Investment, based in Hong Kong.

As for the wholly-owned subsidiaries and sub-subsidiaries of these financial enterprises, there are even more.

Lee Evra, O'Brien, Dylan Dario, Fuller Carson, Lin Xiaoyi, and others are all heads of various financial companies.

So they each gave their speeches, and after they finished reporting, the two sisters, Wang Meili and Wang Meihe, gave a summary.

Because nominally, the two sisters are the heads of Maple Leaf Holdings.

"In addition to the $23 billion profit earned from the stock market crash, we also made $12.7 billion by shorting the US dollar in the subsequent period. Therefore, in 1987, Maple Leaf Holdings achieved a net profit of $35.7 billion."

This is net profit, not gross profit, and certainly not revenue.

So when this data was reported, there was a commotion in the meeting room.

Everyone couldn't help but swallow hard; the profits were truly tempting.

Three hundred and fifty-seven billion US dollars, how much money is that?

clap clap clap!
Led by Wang Duoyu, everyone quickly realized what was happening and began to applaud.

Then it was Wang Duoyu's turn to give a concluding speech.

"Although we experienced a stock market crash in the past year, we ultimately achieved remarkable success."

"While revenue in the manufacturing sector may have declined, our profits in the financial sector have not decreased."

"This year, our Want Want Group will continue to develop, although there aren't many good opportunities, or even any."

"But that's okay, we can still make substantial profits in the Japanese market."

In 1987, he earned 35.7 billion US dollars, and in 1985, when he went long on the Japanese yen and the German mark, he also earned more than 19 billion US dollars. All of this money was diverted.

The main uses are investments in overseas markets, such as the United States and Japan, as well as oil, or acquisitions of companies like Daimler-Benz.

The second is investing domestically, such as investing in petrochemical plants and large national-level laboratories.

The final part involved converting all the money into oil, food, minerals, etc., which was then remitted back to the country.

Over the course of more than two years, through operations such as going long on the Japanese yen and the German mark, shorting US stocks, and shorting the US dollar, they achieved a profit of more than 55 billion US dollars.

To be honest, this is a lot of money, but it's still not as much as the Federal Reserve's printing press.

For Want Want Group, with its abundant funds, the loss of manufacturing brands such as Pandora, Walsin Technology, and Uma Apparel is not a major concern.

After all, Maple Leaf Holdings alone is enough to crush everything else.

After summarizing, Wang Duoyu made arrangements for this year's plans.

In the financial investment field, the focus is on the Japanese market. In addition, financial companies such as Maple Tree Capital are also free to operate. However, if the investment loss exceeds 50 million US dollars, their investments will be taken over.

Therefore, we must be extremely cautious.

If you don't want to lose control of your business, you need to be cautious, or even just buy US stocks at rock-bottom prices and sit back and do nothing.

"By the way, if you don't have any other good investment options, you can also short gold."

Wang Duoyu offered this suggestion.

He only offered general advice, but if they were using leverage, for example, putting up a $50 million margin and leveraging it tenfold.

In other words, for such an investment, others would need to provide $450 million in upfront funding to assist with the gold investment.

Shorting and going long are the same thing. By 1988, the futures and spot gold markets were already quite developed.

Therefore, if the price of gold surges and causes the short position to lose more than 50 million US dollars, the other party will definitely close the position immediately.

In that case, it would mean a margin call.

The $50 million investment was lost.

Therefore, investing involves risks, and one should proceed with caution when entering any industry.

In the original timeline, gold was $446 per ounce last year, but it has now fallen to $442.

By the end of 1988, it will fall to $408 per ounce, and by next year, it will fall below $400, to around $380 per ounce.

Therefore, shorting gold is not out of the question.

When the opportunity is given to them, whether they can seize it or not depends entirely on themselves.

"Thank you Professor!"

Lee Evra, Hela O'Brien, Fuller Carson, and others expressed their gratitude repeatedly, as did Wang Jianchao, Zheng Baoyin, and others.

This year's situation will be somewhat special. Wang Duoyu will no longer pay much attention to Want Want Group, so when the time comes, they will have to rely on Zheng Baoyin and his team.

"The second area is acquiring BMW and Audi, as well as buying up US stocks at bargain prices. You need to follow up on these closely and implement them as soon as possible." "The third point is the Japanese market. O'Brien, you're going to Japan to acquire the Tokyo Suishin Group; you still need to keep a close eye on that."

Regarding the acquisition of the Tokyo Water God Group, Wang Duoyu ultimately entrusted O'Brien with the task.

Of course, he did not ask the other party to resign from the position of head of Maple Capital, since that is the other party's current position.

However, this would place a very heavy burden on O'Brien, and it wouldn't be easy for him to do all of this well.

For the next hour and a half, Wang Duoyu planned everything for the year, discussed with the various responsible persons, and ensured that the details were implemented.

The entire meeting lasted nearly three hours, which is quite long.

After the meeting ended, Wang Duoyu did not leave. Instead, he was pulled into the office by Zheng Baoyin and a few others to sit and chat.

Wang Jianchao clearly had something to say, but the topic he wanted to discuss was definitely not work, but something else entirely.

“Uncle Nine, before I came back, I checked out a farm in Montana. It's a really nice place, perfect for hunting.”

"If we really can't hunt here in China, we can go hunting in the United States."

He said that because he wanted to buy that farm.

The deep-seated attachment of Chinese people to the land is a genetic inheritance, something they are born with.

Foreigners see a piece of land, oh, this is a piece of land.

They don't think that much.

But when we Chinese see a piece of land, the first thing we think is, "If this land were mine, I would use it to grow vegetables, fruits, and grains."

This is the difference.

When Wang Jianchao heard that there was a farm, and it was so big and cheap, he naturally wanted to take it over.

"Jianchao, are you confused? How could your uncle go abroad? Didn't you see that he didn't attend the International Congress of Mathematicians the year before last?"

Zheng Baoyin immediately retorted.

"If you ask me, we could apply for a zoo, or even a wildlife park, and release some animals there. We could go hunting once a year to prevent the animals from becoming too numerous or going extinct. Wouldn't that be great?"

This is a good suggestion, but it will be very difficult for it to be adopted.

Moreover, the natural environment in Northeast China is already extremely harsh. Even the Siberian tiger, the king of the forest, has been forced to migrate to deeper mountains, let alone other wild animals.

As for applying to build a wildlife park, haha, I'm afraid that before I even have a chance to go hunting, someone else will beat me to it.

They really went to great lengths to ensure that Wang Duoyu would retain his hobby of hunting.

After all, fishing is a pretty ordinary sport.

"Alright, stop wasting your time here. If there's nothing else, go home."

Wang Duoyu concluded.

It's quite obvious that he won't go abroad.

There's no need to elaborate further.

Upon hearing this, Zheng Baoyin and the others had no choice but to nod helplessly.

In the blink of an eye, January has become a thing of the past, and February has arrived.

The cold winter months are finally coming to an end, and the Spring Festival is quietly approaching.

Harbin Institute of Technology had already started its winter break at the end of January. Students who were supposed to go home went home, while those who didn't stayed at the university.

However, during the winter break, Harbin Institute of Technology is different from usual; there is no reveille.

As a military and national defense university, Harbin Institute of Technology has an excellent academic atmosphere, ranking among the best in the country.

The military training performance was no worse than the military exercises of those military academies, and was even more outstanding.

Therefore, students trained by such a school are naturally not bad.

After February, Wang Duoyu held a math sharing and exchange meeting at the math department's teaching building, and then packed his things and went back to his hometown.

This year, we must spend the Spring Festival in our hometown; that's what makes it a proper holiday.

Spending the Spring Festival on the Harbin Institute of Technology campus is not without its lively atmosphere, but compared to my hometown in Dahonggou Village, it feels more restrained and quiet. If it were too lively, it certainly wouldn't be suitable.

When Wang Duoyu and his friends went back to their hometown, they brought several truckloads of fireworks and firecrackers.

The cost of these fireworks alone exceeds 50,000 RMB.

In 1988, 50,000 yuan was a huge sum of money, enough to buy a small fireworks and firecracker workshop.

Anyway, the night sky over my hometown during the Spring Festival this year will definitely be bright.

Just as Wang Duoyu returned to his hometown of Dahonggou Village and appeared in the bustling market to buy New Year's goods, something was being discussed in the United States.

"Ladies and gentlemen, last year's stock market crash served as a sufficient warning; our DOT system was nearly paralyzed."

There were eighteen people sitting in the meeting room, and everyone's expression was very serious.

October 19th last year was the day the US stock market crash began, also known as Black Monday.

The Designated Order Translation (DOT) system in the New York Stock Exchange's computer system was so complex that even with over two hundred microcomputers, it was almost impossible to process all the trading orders.

There were a total of 400 million shares in trading orders that day, of which 130 million shares were not processed.

This is such a serious trading incident; it must be resolved.

"Excuse me for interrupting, but I have already consulted with our company's technicians, and we cannot solve this problem at the technical level unless we increase the budget."

A Microsoft representative began speaking.

Solving the problems of the DOT system will be a very large-scale systems engineering project.

According to Microsoft CEO Bill Gates, caution was necessary; Microsoft would not accept the order without a reward of $80 million.

Although it would be very beneficial for Microsoft to accept this order.

However, it should be clear that the DOT system is based on the Cray series supercomputers produced by Cray Corporation, as well as more than 200 microcomputers, and also purchased memory from Huashun Company.

However, this is still insufficient to cope with such a crisis.

It's easy to see that this isn't just a matter of insufficient capacity.

"I suggest purchasing our company's latest supercomputer, Cray. Just two supercomputers would be enough to solve the problem you're talking about."

At that moment, the representative of Clay Company spoke.

However, at this point, representatives from the New York Stock Exchange Commission raised questions:

"But your price is too high. A single supercomputer costs 350 million US dollars, which is too expensive."

Several years ago, after China launched the Nebula supercomputer, Cray lost its leading position in the supercomputing market.

They therefore turned their attention to massively parallel processing technology, and by leveraging the strengths of Cray Corporation, they pieced together vector processors, computing cards, and other components, using massively parallel processing technology as the core, and thus broke through to a supercomputer with a speed of 50 billion floating-point operations per second.

However, while they did develop such a supercomputer, China had already developed the Dawning supercomputer with a speed of hundreds of billions of floating-point operations per second.

Furthermore, compared to Cray's $350 million price tag, Dawning's supercomputer is priced at only $200 million.

Of course, the cost of the Dawning supercomputer is 80 million RMB, which is more than 21 million USD.

Everyone here isn't stupid; they can figure out the math.

The Dawning supercomputer not only surpasses the Cray series of supercomputers in performance and other aspects, but is also priced far lower than Cray's.

If Sugon Supercomputer weren't a research product of Harbin Institute of Technology instead of a research product of an American university, then no representative from Cray would have any say in the matter.

After being refuted, the representative from Clay Company turned pale and then red, and remained silent for a long time.

The high price is unavoidable. The cost of developing such a supercomputer is also very high for Cray Corporation. If the price is not high, they will not be able to recoup their costs, let alone make a profit.

What followed was another long discussion.

The final conclusion was that, excluding Microsoft's opportunistic profiteering, the best solution for the New York Stock Exchange would be to seek help from Harbin Institute of Technology, because their Dawning supercomputer is an absolutely fantastic product.

How to do?
Should we contact Harbin Institute of Technology?
While New York was still hesitating, Chicago had already called Harbin Institute of Technology.

They were very decisive and efficient, directly requesting the purchase of two Dawning supercomputers, and hoping that they could be delivered within this year.

Harbin Institute of Technology responded very quickly, asking for a $100 million deposit first, and then they could pick up the goods at Harbin Institute of Technology three months later.

"So fast?"

God, is China really that efficient?
That's right, this is Chinese efficiency.

After two days of discussion, the Chicago Mercantile Exchange finally made a decision and then sent a team to Harbin Institute of Technology for an on-site inspection.

Upon arriving at their destination, they happened to encounter the Chinese New Year, so they stayed to visit the place.

The bustling downtown areas in China are indeed lively, with the cries of vendors constantly filling the air.

The abundance of delicious food kept the Chicago Mercantile Exchange delegation coming back for more, and in less than a week, they gained about ten pounds.

It's quite an exaggeration, but that's the truth.

Perhaps they ate pig swill when they were in America.

Meanwhile, back home, they happened to be there during the Spring Festival, which meant the food scene was at its most abundant throughout the year.

With such a dazzling array of delicious foods, it's no wonder that the representatives from Chicago, USA, were overwhelmed by the choices and ended up stuffed.

After the contract was signed, the $100 million deposit was quickly deposited into the account.

Harbin Institute of Technology immediately began arranging for people to produce the Dawning supercomputer.

For the Dawning supercomputer with a speed of 100 billion floating-point operations per second, this is no longer a big problem for the Dawning supercomputer team.

Song Xinwen once again became the person in charge, assisting in resolving this production issue.

When the Chicago Mercantile Exchange team returned to the United States, the New York Stock Exchange belatedly contacted Harbin Institute of Technology.

Similarly, they also contacted Harbin Institute of Technology to order two supercomputers.

However, they did not want to pay a deposit of $100 million, only $50 million, and were unwilling to pay the price of $200 million, because it was too expensive.

"If you think it's too expensive, then don't buy it!"

Buy it or don't, all you do is nag and complain. You're definitely up to no good.

The people at the New York Stock Exchange were furious at Harbin Institute of Technology's tough stance. When had they ever been treated like this?
But what can they do?

Harbin Institute of Technology (HIT) doesn't buy into their act. In fact, they're the ones begging HIT, yet they don't know how to adjust their attitude and instead act superior.

Who gave them the courage?

Just then, a subordinate reported that the stock market was fluctuating throughout the day, and trading volume was still rising.

If no other measures are taken, problems can easily arise.

Since the stock market crash last year, the US stock market has indeed experienced several months of slump.

However, it's already February, and three or four months have passed since the stock market crash.

Companies like Quantum Fund and Maple Tree Capital have already completed their short positions on the US dollar and successfully exited with profits. By this time, US stock trading had already become active again.

In addition, Buffett has also started buying Coca-Cola shares at bargain prices.

However, Buffett and his team have now discovered that Coca-Cola's market trading volume has declined.

Because someone did this in advance, buying back a lot of stocks held by retail investors.

"purchase!"

The chairman of the New York Stock Exchange said through gritted teeth.

He was forced into this situation; if he insisted on going through with the plan to purchase Cray's series of supercomputers, he would undoubtedly be criticized to death.

And we don't have that much money.

Budgeting is a major issue, especially since purchasing two Dawning supercomputers would only exceed the cost of purchasing one Cray supercomputer by $50 million.

Therefore, we can only purchase Dawning supercomputers.

Furthermore, the speed of 100 billion floating-point operations and the speed of 50 billion floating-point operations are completely different levels.

While the New York Stock Exchange was forced to purchase the Dawning supercomputer, on the other hand, many companies on Wall Street were placing orders with Walsin Technology to buy Alienware computers.

It's not that Apple computers are bad, nor that IBM computers are too expensive, nor that Conmastar International's computers aren't cheap enough; rather, it's that Walsin Technology surpasses brands like Apple, IBM, and Conmastar in every aspect.

As for the differences between Alienware computers and the Powerbook personal laptop from Excellence Technology, they are differences in design, appearance, memory capacity, and other aspects.

One is a low-end brand, and the other is a high-end brand; they are completely two extremes.

Walsin Technology also has its own operating software system, so there is no need to install Microsoft's system separately.

Walsin Technology can even provide trading software systems to companies on Wall Street.

With the rapid development of technology, computers have become one of the daily office tools.

Especially for these financial companies on Wall Street, they need to stare at computer monitors every day, keeping a close eye on changes in market conditions.

The New York Stock Exchange has updated their system, so what happened last October should not happen again.

Once the hardware and software are updated, things should calm down on Wall Street.

However, unnoticed by everyone, on the other side of New York, a company called Raptor Fund was quietly established.

This company will also take a different approach, bringing new shocks to Wall Street.

Finance is indeed a numbers game, but whoever makes the most money from it depends on their own methods.

Inside the Raptor Fund's office, all the computers are the latest technological products, boasting top-of-the-line memory capacity and fiber optic cables.

How do they make money?

Of course, the solution would be to use high-performance computers, high-speed fiber optic cables, and other advanced technologies to build a state-of-the-art fiber optic cable line between New York, Chicago, and London.

In this way, transactions can flow quickly between the three cities of New York.

Imagine that at 10:02 a.m. today, someone places an offer to sell IBM stock at $22.53 on the Chicago Mercantile Exchange.

At this point, the New York Stock Exchange can display the data in real time. However, the trading display of the Velociraptors Fund will be 0.1 seconds or 0.09 seconds faster than that of the New York Stock Exchange.

Once it was displayed, someone else had already placed a buy order at $22.54 or $22.55.

Looking at it this way, it's easy to see that there's a price difference between the two.

In the past, such a price difference would have been easily overlooked.

But the Velociraptor Fund profits from this price difference.

The price difference may be small, but it adds up, and with a high-performance computer system, such transactions can be completed quickly.

Even more so, such buy or sell orders can be artificially created.

If someone quickly places a large sell order at $23.02, say 10,000 lots, on the sell side.

However, this is a fake order because it can be canceled, preventing these sell orders from actually being executed.

At this time, the market will fluctuate.

In the short term, purchases will increase.

At this point, keep the sell order unchanged, and then quickly place a sell order at a lower price to execute the transaction quickly, thus profiting from the price difference.

This is how Velociraptor makes money; it's a very effective method and a groundbreaking innovation in the market.

Of course, besides the Raptor Fund, there is also a company in New York called Renaissance Technologies, which was founded ten years ago and has been dedicated to using mathematical models to analyze and predict financial markets.

As the founder of Renaissance Technologies, Simons was a mathematician before entering the financial world, but he became obsessed with quantitative trading systems.

In the early 1980s, various predictive models, including the Hidden Markov Model, were tried, but none of these models initially brought the expected revenue.

So even today, Renaissance Technologies is still just a small business in New York.

This year, Simons has improved his trading model, and perhaps this fully quantitative trading model will bring him incredible returns.

Unfortunately, Simmons is unaware that the Velocity Raptors Fund is already replicating their path. (End of Chapter)