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Chapter 1 Liu Four Financial Times Company (2)

Li Zhiwen did not say anything, but signaled Zidanefal to continue the introduction.

When Zidanefal saw Li Zhiwen's actions, he did not pay attention and continued to introduce the situation of the Financial Times.

After Zidanefal finished speaking, he took a sip of coffee and sat on the sofa quietly waiting for Li Zhiwen's order.

"Zidane, you did a good job. The company will continue to remain the same and set up the Financial Times Company. You will be the CEO. You can continue to manage the Financial Times Company according to your ideas." Li Zhiwen said.

Zidanefal immediately breathed a sigh of relief when he heard Li Zhiwen's words, and a happy smile appeared on his face, saying, "Thank you for your trust."

"Next, let's talk about business matters. You also know that the Telegraph Company was acquired by Mars Capital at the beginning of the year, and the Daily Telegraph's sales surged by 200,000 copies in the report on the Cambodia. As a peer, you should know something." Li Zhiwen said.

"Yes, boss, but this kind of reporting is not suitable for the Financial Times, and you know that the Financial Times is targeting financial elites," Zidanefal said.

When Zidanefal heard Li Zhiwen talking about the Cambridge Island, he thought he wanted the Financial Times to report the Cambridge Island incident.

Li Zhiwen shook his head and said, "Zidane, I tell you that this is not to let you follow the Daily Telegraph to report the Casino Island incident, but to tell you that the Casino Island incident is what I have attracted Quakwolf to pay attention to."

As a peer, Zidanefal knew that Quakwolf was the president of the Telecommunications Company, but he did not expect that the Cabernet incident was actually paid attention to by Li Zhiwen. He couldn't help but increase his sensitivity to Li Zhiwen's news. This boss is not a pure layman.

Li Zhiwen continued: "Zidane, you and I know that making newspapers requires not only explosive news, but also long-term columns. Do you think the Financial Times, the largest financial newspaper in the UK, can continue to improve the authority and influence of newspapers in the financial industry and consolidate the basic foundation of the Financial Times?"

Li Zhiwen's question hit the nail on the head and pointed out the core of the Financial Times. Zidane admired Li Zhiwen's sense of smell, but he had to solemnly examine Li Zhiwen's problem.

"Boss, I think the Financial Times should continue to improve the quality of articles, cooperate with economics professors from various universities and elite practitioners in the financial industry, so that the quality of articles in the Financial Times will be improved and the analysis will be incisive. In this way, there will be more and more loyal readers." Zidanefal said.

After Zidanefal said that, he stared at Li Zhiwen, wanting to see Li Zhiwen's expression.

Li Zhiwen nodded first, then shook his head. Zidanefal didn't understand what this meant.

At this time, Li Zhiwen said: "Zidane, your method is very good, and under your leadership, the Financial Times has developed better and better, and has become the number one in finance."

"But, do you think the Financial Times will become a necessity for financial practitioners in this way? If you come to another newspaper, you will be rich and still use your method. Can you stop them from eroding the market?"

After saying that, Li Zhiwen looked at Zidanefal with interest, waiting for his answer.

At this time, Zidanefal frowned, his face became increasingly ugly, and then he took a deep breath and said, "Boss, my method cannot be a necessity, nor can he stop others from eroding our inherent market."

Zidanefal's attitude made Li Zhiwen feel relieved. He was really afraid that Zidanefal would have a stubborn temper. In that way, Li Zhiwen would have to consider changing a president, but that would cause turmoil to the Financial Times.

Li Zhiwen said: "So we must create an irreplaceable product for the Financial Times and make this product a necessity for financial practitioners."

"Please teach me, the boss." Zidanefal said in a low voice.

"Zidane, you, you, you hold the treasure but don't know it." Li Zhiwen said.

Zidanefal was a little confused about Li Zhiwen's words. Did he ignore anything?

Li Zhiwen continued: "Zidane, isn't the Financial Times stock price index a good product? Isn't it enough as long as we make this product a necessity for financial practitioners?"

"Financial Times Stock Price Index?" Zidanefal shouted, but his brows frowned.

Zidanefal is not an idiot. He knows what it means to create a financial index. If the Financial Times stock price index can really become a must for financial industry practitioners, then there is no way that the Financial Times will become a must. No financial newspaper can surpass the Financial Times.

But this also has a big loophole. First, the Financial Times stock price index accounts for 30% of the British stock market market, which cannot represent the British stock market at all.

Secondly, stock market indexes cannot be easily created, which requires a lot of financial support, a lot of investigation and analysis, huge data, great difficulty in research, and requires a lot of manpower support.

At this time, the world's famous stock market indexes include the Dow Jones Index, the New York Stock Exchange Index, the S&P Index and the Nikkei 225 Index.

Although the Hang Seng Index mentioned by Li Zhiwen earlier is very famous in Hong Kong, it is not famous in the world. It is nothing else. Hong Kong's size is too small.

At this time, Europe did not have a world-renowned index for various reasons, and it could represent its own stock market.

As long as Zidanefal develops the Financial Times stock price index, his reputation can really resound throughout the world.

Zidanefal said: "Boss, there are two difficulties at present. One is that the Financial Times stock price index is mainly calculated by industrial stocks, and the stock market value accounts for only 30%, which needs to be modified."

"Secondly, to create a world-famous stock market index, the manpower, material and financial resources required are extremely huge."

Speaking of this, Zidanefal looked up at Li Zhiwen. Li Zhiwen understood what Zidanefal meant, so he said: "I fully support it in terms of funds."

Hearing Li Zhiwen's words, Zidanefal continued: "However, we also have data that can be referenced. All FTA's stock price indexes are composed of more than 700 constituent stocks, and their market value accounts for 90% of the total market value of the stock market. It is an algorithmic average index weighted by market value. It currently has a very market in the stock market. However, FTA's stock price index is updated very slowly, and it uses monthly updates."

"That will make us less work. We will first select 100 of the largest listed companies in the UK from all FTA's stock price indexes as component stocks, but our update time must be updated daily, and then it must be more accurate and shorter. We can call this index Fuji 100. When the time is ripe, we can exit the index with a higher market value." Li Zhiwen said.

"Okay, boss!" Zidanefal said.

"Zidane, you set up a subsidiary called Fuji Index Company. When you set up a Stock Market Index Research Institute, you will send personnel to collect first-hand information. In short, the time should be fast and the data should be accurate. As long as you do these two points, the Fuji 100 we created will have no problem becoming a world-class stock market index." Li Zhiwen said.
Chapter completed!
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