Rebirth of the Entrepreneurship Era

Chapter 382 Exchange in Hong Kong

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Saturday, February 26.

Xu Yiyang dragged his suitcase and left the dormitory early in the morning. Together with Shen Lele and his roommates, they came to the gate of the political education building, where the bus prepared by the school was already waiting.

Before getting into the car, Xu Yiyang and Shen Lele checked their documents and cash.

According to the country's foreign exchange regulations, short-term trips to Hong Kong can be exchanged for Hong Kong dollars worth 1,000 US dollars, so both of them exchanged more than 8,200 yuan for 7,780 Hong Kong dollars in cash according to the highest standard.

After checking, get on the bus.

There were already a dozen students and teachers in the car.

This time the team was led by Mr. Hu and Li Yunhui, the director of the Academic Affairs Office. Besides them, there were several younger professors.

As for the students, there were twelve in total, and three were selected each from the first year to the fourth year.

After the two got into the car, Mr. Hu hurriedly introduced him to the other teachers and students who were accompanying him.

However, among the nine sophomores, juniors, and seniors, Xu Yiyang only knew Xu Yanan, the president of the student union, and he had never even heard of the others.

At this time, Ning Ruolin came up with the suitcase, and seeing everyone arrived, she said apologetically, "I'm really sorry, I'm the last one to arrive."

Mr. Hu smiled and said, "It's not considered late until the departure time, so don't be embarrassed."

Immediately afterwards, he said, "Find an empty seat and sit down. Now that everyone is here, let's go to the airport."

Seeing Xu Yiyang and Shen Lele sitting together, Ning Ruolin waved hello to them, and then sat in the empty seat on the other side across the aisle.

As the bus left the school, Mr. Hu introduced the general arrangement of the exchange on the way.

The reason why the exchange took so long this time is mainly because we hope to promote long-term exchanges and cooperation between the two schools through this exchange activity.

After all, it has entered the new century, and the school leaders of China Overseas hope that the students of this school will have more opportunities to go out.

So this time, they will not only conduct academic exchanges with the English major of the University of Hong Kong, but also conduct some exchange activities with other majors. However, the specific schedule and plan will depend on the arrangements of the University of Hong Kong.

A group of people arrived at the airport, and after going through the security check and customs, they went directly to the waiting area near the boarding gate.

Among the whole team, only Xu Yiyang and Ning Ruolin seemed a little uninterested, and the other teachers and classmates were all excited.

After all, it was 2000, and less than half of us had ever flown by plane, let alone those who had been to Hong Kong.

Xu Yiyang speculated that, not counting himself as a reborn person, Ning Ruolin may be the only one of these students who has been to Hong Kong.

But Ning Ruolin doesn't seem to have much feeling for Hong Kong.

In fact, he is the same.

About 20 minutes before boarding the plane, Xu Yiyang received a call from President Ma of Tencent.

He hurriedly stood up, went to an empty corner and connected the phone.

"Hello, Mr. Ma."

Mr. Ma's voice came: "Mr. Xu, hello, your school should have started, right?"

"Yes." Xu Yiyang said, "School has already started."

After finishing speaking, he asked again: "Mr. Ma, what's the matter with you?"

Mr. Ma said: "Mr. Xu, it is like this. Tencent's business and revenue have grown by leaps and bounds recently, which has attracted a lot of attention. In the past two days, a very famous Hong Kong businessman contacted me, saying that he hopes to invest in Tencent, and give The valuation conditions offered are very favorable, and I intend to consider it.”

Xu Yiyang couldn't help frowning: "Hong Kong businessman? Can you tell me who it is?"

Mr. Ma hurriedly said, "It's the second son of the Li family in Hong Kong, Li Zekai."

Xu Yiyang frowned even tighter.

The second son of the Li family invested in Tencent last year, but it may be because Tencent took 6 million from him first, so he didn't get online with him again.

Now that he has found Tencent again, it seems that he has a fate that has some entanglements with Tencent.

but,

Xu Yiyang didn't think highly of the second son of the Li family, or even the whole Li family.

The Li family’s way of making a fortune is simple and crude. The most direct way to get rid of it is to drive up property prices, sell high and buy low. On the surface, it looks like a bright future, but in fact it sucks blood from the whole of Hong Kong.

Property prices in Hong Kong are unattainable, and shop rents are also astonishingly expensive. Many people work hard all their lives for a so-called luxury house that is tens of square meters small. The more fried the higher.

They even invented the game of selling off-plan houses and counting shared shares.

Xu Yiyang saw the brilliance of the Li family, but he rarely saw the progress that the Li family could bring to society.

It is said that when the mainland invited them to come to the mainland to promote the development of urban real estate, they borrowed the favorable policies from the government to buy the best land at a low price, and then threw it away for several years or ten years.

Throw the best land there, don't build or develop it, but wait for the land price to skyrocket, sell it directly, cash out and leave.

This kind of operation mode is not to promote the development of mainland cities, but to parasitize the mainland to nourish itself. After absorbing the nutrients, it will leave the host without hesitation.

As for the image and style of the playboy, the second son of the Li family, I will not comment on it. After all, there are many wealthy second generations in mainland China who are entangled with Internet celebrities and celebrities every day.

However, the way the second son of the Li family used to make money really made Xu Yiyang despise him.

He has done a lot of big business with empty gloves and white wolves, and he is even called Little Superman, the most famous of which are Cyberport and PCCW.

Cyberport is the Hong Kong government's big investment in Hong Kong's future. They hope that through the construction of Cyberport, they will attract a large number of high-end Internet companies, transform Hong Kong's future closer to Silicon Valley, and become an IT center in Asia.

And this project, after being taken by Little Superman, turned it into a commercial real estate project in a completely different way. He made a lot of money, but ruined the entire IT dream of Hong Kong;

PCCW is another classic case of Superman swallowing.

He used a shell company to make Hong Kong Telecom crazy on the one hand, and on the other hand, he used the bank relationship to obtain a credit loan of up to 13 billion US dollars from the bank.

Almost without spending a penny, in less than 20 days, he defeated Singtel and took the century-old Hong Kong Telecom into his pocket.

and then? The speed at which PCCW can see it with the naked eye has dropped from a market value of more than 500 billion Hong Kong dollars to more than 20 billion. I don't know how many Hong Kong investors have been trapped.

As for Little Superman himself, he has already received a large amount of benefits from various cash reductions.

In addition to empty-handed white wolves, Little Superman also has a classic negative case, which is to sell Tencent shares.

At that time, he invested US$1.1 million in Tencent, holding 20% ​​of the shares, and sold US$12.6 million a year later. If you only look at the 11-fold profit in one year, it is indeed a very powerful short-term operation. The pocket money is very slippery.

But he never dreamed that the market value of Tencent later reached more than 400 billion U.S. dollars...

Therefore, the short-term operation that he thought was very slippery became the most classic case of "short-sightedness" in the history of the Internet.

Now, he has his eye on Tencent again, does he still want to play a wave of short-term show operations?

Thinking of this, Xu Yiyang asked him with a smile: "President Ma, how did you get in touch with the second young master of the Li family?"

Mr. Ma said earnestly: "Actually, their family has been investing in the Shenzhen Stock Exchange recently. Last month, Tencent's revenue exceeded 10 million, attracting the attention of many capital parties, and Mr. Li is one of them."

Xu Yiyang hummed, and asked again: "What do you think of this matter?"

Mr. Ma said: "I think this is a good opportunity. Mr. Li's resources are still very strong, and his influence in Hong Kong's financial sector is also great. If we take his investment, we will have Mr. Li behind us when we go public in Hong Kong in the future." With help, it will definitely be a lot easier.”

Xu Yiyang said: "But we are not short of money now. Mobile QQ's profit in the first month has already exceeded 10 million, and in February it will even exceed 15 million. By the end of the year, it will be tens of millions a month, a year. It is easy to earn hundreds of millions, and there is no shortage of money, so why do you need financing?”

As he said that, Xu Yiyang said again: "In financing, the two things I'm most afraid of are financing indiscriminately and not spending, and blindly financing when there is no shortage of money. In my personal opinion, it is a bit irrational."

Mr. Ma hurriedly explained: "Mr. Xu, the valuation given by Mr. Li is indeed very generous. He also recognizes our development prospects this year and believes that our net profit this year is expected to be close to 200 million yuan. Investing in us at a valuation of 10 times the net profit is 2 billion yuan, and Mr. Li invested in US dollars, which will give us a valuation of 240 million US dollars. He intends to hold 20% of the shares, which is Invest our forty-eight million dollars in cash."

After finishing speaking, Mr. Ma said again: "Look, Mr. Xu, we want to make a net profit of 100 to 200 million, and we have to wait until the end of the year. There are still more than ten months in this cycle, and no one knows what will happen in these ten months. If something goes wrong, we may not be able to achieve such a high profit, but if we agree to Mr. Li's financing now, then there will be an extra 48 million U.S. dollars in cash on the account, which is equivalent to 400 million yuan!"

Xu Yiyang sighed and said, "Mr. Ma, what do you want these 400 million yuan for?"

Mr. Ma said: "The Internet industry is developing very fast now. Mr. Li believes that the global Internet is booming, and a large number of Internet companies will rise soon. However, most Internet companies are still in the stage of losing money and burning money. There are very few Internet companies like ours that can make money, compared to us, we are a high-quality project in the Internet industry, so this is one of the reasons why he is very optimistic about us."

Xu Yiyang sneered in his heart.

Now think that a large number of Internet will usher in the rise? All those who hold this view will be slapped in the face by the Internet crash in a month.

However, the second son of the Li family thinks this way, and it is indeed the mainstream thinking. Now is the last carnival before the Internet bubble burst. The stock prices of US stocks such as Cisco and Amazon will climb to the peak in the next month, and then plummet.

The second son of the Li family wants to invest in Tencent so much now, because he is optimistic about the short-term prospects of the Internet and Tencent's profitability, and wants to seize the opportunity to enter the market early and make a wave of money.

A month later, the dot-com bubble burst. Even if Mr. Ma begged him to invest, he would never vote.

However, Mr. Ma still can't see this layer.

So, he asked Mr. Ma: "They see our business is developing rapidly, so they want to come in and get a share. No matter how you look at it, it's something they make a profit. Why do we do it?"

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