Giant network to invest 5.58 billion yuan in the first quarter of this year

Source: Internet
Author: User
Keywords Giant Network Shi Yuzhu short-term investment giant network Shi Yuzhu short-term investment giant network giant network giant network Shi Yuzhu giant network Shi Yuzhu short-term investment Shi Yuzhu short-term investment short-term investment Shi Yuzhu short-term investment giant network giant network Shi Yuzhu Shi Yuzhu short-term investment Short-term investments giant network Shi Yuzhu giant network short-term investment giant network Shi Yuzhu Shi Yuzhu short-term investment short-term investment giant network Shi Yuzhu short-term investment giant network giant network giant network giant network Shi Yuzhu Shi Yuzhu short-term investment short-term investment giant network Shi Yuzhu Shi Yuzhu short-term investment short-term investment Shi Yuzhu short-term investment giant network Shi Yuzhu giant network short-term investment giant network Shi Yuzhu short-term investment Shi Yuzhu short-term investment giant network giant network Shi Yuzhu Shi Yuzhu short-term investment short-term investment giant network giant network giant network Shi Yuzhu giant network short-term investment giant network Shi Yuzhu Shi Yuzhu short-term investment Shi Yuzhu short-term investment Shi Yuzhu short-term investment short-term investment giant network Shi Yuzhu short-term investment giant network Shi Yuzhu short-term investment
How to spend money in the hands of listed companies? This is a problem.  Giant network chairman and CEO Shi Yuzhu (blog) Because of "disorderly spending" criticized.  This Wednesday, Shi Yuzhu in his personal microblog revealed, recently received a lot of criticism letter from foreign funds, because the United States listed giant network has a lot of idle funds, the Board decided to use idle funds in the insurance, financial sector to make some financial investment, to earn more cash. Online gaming industry has always been "absorbing gold," said a successful online game can bring the company a very substantial cash flow. Since the venture, the giant by the "Journey" series, such as the work of a large amount of real gold and silver.  Figures from the giant's network report show that the company has been holding 5 billion yuan of liquid assets above the size of the renminbi in the first quarter of 2010, and that 90% of these assets are cash and short-term investments. "Despite the high safety and good returns, the fund thinks we're doing a decent amount of money." You must abide by others ' habits on the site of others. We must bend our knees and surrender.  Shi Yuzhu said. The change in earnings data from nearly five quarters shows that the giant network does use cash to buy and sell short-term investment products. Cash, short-term investment has been the last quarter, the first quarter to this year, the current amount of change is 1.26 billion yuan, 2.67 billion yuan, 600 million yuan, 2.78 billion yuan and 600 million yuan, while the short-term investment change is 3.78 billion yuan, 2.32 billion yuan, 5.15 billion yuan,  3.25 billion yuan and 5.58 billion yuan.  The giant's network said it would not comment and declined to disclose specific short-term investment content. This is probably what Shi Yuzhu said was criticized by foreign funds. Estimate is worried about their own personal investment action and the behavior of listed companies confused, Shi Yuzhu yesterday morning again issued a micro-blog special Clarification said: "Increase the Minsheng Bank is Shanghai Health Special Company, is not speculated that the giant network listed companies." "Shi Yuzhu said the" Shanghai Health Special Company "refers to Shanghai Health Special Life Technology Co., Ltd. (hereinafter referred to as" Shanghai Health Special "), the department by Giant Investment Co., Ltd. Holdings. and Giant Investment Co., Ltd. was founded in April 2001 by Shi Yuzhu and shareholding 95%.  Shi Yuzhu has been investing in two companies through Shanghai health and giant. History of personal investment style has been particularly fond of banking stocks, has invested in Huaxia Bank, Minsheng Bank and so on.  Since March 30 this year, Shi Yuzhu has increased the Minsheng bank by 40 consecutive times, costing more than 3.4 billion, and now ranked as the sixth largest shareholder. Earlier in April, a new game conference, Shi Yuzhu had talked to reporters about the giant network of investment topics. "I want to persuade them to take the money to invest, but Liu Wei won't let me." "History said at the time.  He also said he had largely withdrawn from the day-to-day management of the giant's network, a burden that had been given to President Liu Wei, Vice President Guixe, Min and others who had followed him for many years, and he was currently acting as "chief Experience officer" in the company. A giant network insiders said that the Shi Yuzhu individual investment behavior and giant network is not directlyAssociated。  Another person familiar with the giant network said to reporters, Shi Yuzhu investment style has always been conservative, always take safety first, giant network investment behavior although not the same as the history of individual investment behavior, but also affected by its style, short-term investment content may be some of the less risky short-term paper transactions. A U.S.-listed Chinese internet company chief says there are no rules and regulations on US capital markets for companies using idle capital, but it is customary for investment behavior to be related to the company's main business, or to cause investors to wonder whether it means the main underlying businesses ' prospects are failing, " It is not difficult to understand why the fund will write to criticize, which is slightly different from domestic capital markets. "Responsible Editor: NF045
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