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It's obvious.

Today, Zhou Junchu came prepared. Such a clear and gradual discussion was impossible without sufficient preparation.

Opportunities are indeed reserved for those who are prepared.

He successfully aroused Zhang Yanqing's interest.

"What do you think is the reason for the bike-sharing bubble burst?"

Zhou Junchu looked confident and immediately replied: "I think there are two main reasons for the failure of shared bicycles."

"First from the perspective of assets, bicycles are consumables, with high investment costs and high maintenance and depreciation costs. Secondly, audiences and charges, users' scale, frequency of use and unit price determine the capacity of this market."

"Indeed, there is a huge market in China. First-tier cities have a total of 70-80 million residents, but how many people in these groups are really willing to ride bicycles? How much time does it take for people who are willing to ride bicycles every day? How should the charges for each bike be priced? I think the shared bicycles have not thought too clearly about these issues, so that in the end, the production cost of a bicycle may not be recovered, and the bicycle will be scrapped."

Zhang Yanqing nodded and was full of interest.

“Continue.”

Zhou Junchu shook hands secretly and seized the opportunity with all his strength.

"There is another example of 5g, which is currently in full swing in the secondary market. After telling a beautiful story to the capital market, it is an important issue to end it with performance."

"Capital likes to listen to sexy stories. How to tell the story well is the first level. After capital enters the market, if it wants to continue to obtain a high valuation, capital needs to see double growth in revenue and profits. This is the second level, which is the process of letting the market verify the business model."

"The economy is cyclical and the industry is also cyclical. The economy will have irrational prosperity because people's economic behavior is often irrational. The economy will experience prosperity and recession, and the industry will also do so. Take the current pork market for example. Many people may not have seen the financial data of pig breeding companies, but the stock price has already skyrocketed."

"In fact, this is because the cycle of pig farming combined with African swine fever has caused investors to have strong expectations for the rise in pig prices, which is transmitted to strong expectations for the performance of pig farming companies. Every four years, the bottom of the previous cycle was from the second half of 2017 to the first half of 2018. Pig prices fell to freezing points, weak farmers gradually got out, and the output of pigs continued to decrease. In addition, African swine fever further aggravated the clearance of the industry. In half a year, African swine fever cleared % of the production capacity for the industry."

"For our fund managers and analysts, how to grasp the industry's cycle in a large economic cycle is an important way to obtain excess returns, which is also a great challenge."

"Smack it..."

When Zhou Junchu stopped telling, Zhang Yanqing raised his hands and clapped his hands first, with his eyes unconcealed his appreciation for Zhou Junchu.

"Zhou Junchu is right? I can only say that I am very happy that the company has employees like you."

Everyone woke up like a dream, applauded at the same time, and looked at Zhou Junchu with half of his eyes filled with marvel and half of his envy.

The logical and profound discussion just now really made them feel ashamed of.

If you win the favor of Mr. Zhang, you will definitely have a bright future in the future.

But this is someone else's ability, so jealousy cannot come.

Amid the warm applause, Zhou Junchu sat down again. Although he pretended to be calm on the surface, his slightly trembling hands on his knees still exposed his inner excitement.

"Congratulations."

Deng He said softly.

The speech just now really benefited her a lot.

"Is anyone else trying to say something? There are no customers, no leaders here, everyone is all brothers and sisters, so there is no need to worry, everyone can speak freely."

No one recommended himself for a while.

After all, Zhou Junchu's speech just now was too outstanding, which made many people lose the courage to speak.

No one wants to embarrass people on such occasions.

"Deng He, let's say something, this is a rare opportunity."

Zhou Junchu urged.

It happened to be.

Zhang Yanqing also looked over.

I don’t know if it was because of Zhou Junchu or Deng He’s beauty, his eyes stopped on Deng He.

"You are also a colleague from Rongcheng Branch this time, right?"

Everyone's eyes moved towards each other.

Deng He had no choice but to smile helplessly and could only stand up.

"Hello, Mr. Zhang, my name is Deng He."

"Hello, I didn't expect that there would be such a beautiful girl in our company."

Zhang Yanqing made a joke and then got back to the point.

"What is the biggest gain of learning finance for you? Let's talk to you about your thoughts."

Zhou Junchu looked up and gave her an encouraging look.

Deng He was silent for a while, as if he was raising words.

“I find that for many people, they don’t know where the money comes from or why the money comes from.”

"They can't understand why some people and countries can be so rich, and some people and countries can be so poor. They work diligently and honestly, receiving a little meager income every month. They only know their work, and the boss pays them. As for how the boss's money comes, how the company's money comes, and how the bank's money comes. Why some people have high salaries and some have low salaries? Why do rich people choose not to pay? They don't know and don't care."

"When a business goes bankrupt and a boss lays off employees, they can't understand it, and when house prices rise and stocks plummet, they can't understand it."

"When the bank's financial management interest rate reaches 5%, they still go to the counter to deposit fixed deposits honestly. When the p2p platform gives a 10% or even 20%, they flock to it."

"After the platform was in a mess, they could only go and write a banner and say 'repay my hard-earned money', but they didn't realize that blood and sweat were the most valuable."

"They honestly paid five insurances and one fund, but they didn't know that when they were old, the country would never be able to issue pensions as promised due to aging."

"While they are tempted to treat necessary nutritional diets, children's education, financial management and investment, they smoke tax-intensive cigarettes and drink huge profits of distilled ethanol and water, contributing to the country's taxes and the net profit of the winery, and reducing their lifespan and saving the country's pension."

"Understanding finance is to help us figure out the essence behind every question I raised above. It doesn't necessarily make you a rich man, but it can help you understand how this big machine in society works."

"Every ordinary person is just a small screw on the social chariot. Some screws never know they are screws, but some screws are eager to be the one who screws them."

As the words came to the ground, the audience was silent.

Even Zhang Yanqing seemed to be a little caught off guard. He looked at the calm young woman, and his eyes fluctuated for a moment.
Chapter completed!