"...Tony, things are not as simple as you think. Li Yilong is also an old friend of mine. We have worked together for a long time. Many things cannot be explained in a few words.
Well, regarding the listing of 361 in Lijiaopo, I will communicate clearly with him and try to give you a satisfactory answer. You know that being in that position, you can't make decisions simply on impulse.
There are a series of other interests behind this. If possible, I still suggest that you contact Temasek more and see if you can successfully introduce it as the largest single external shareholder of Tenda.
Many difficulties can be easily solved..."
Li Bancheng was not surprised at all when he received a call from Tony Ma in Yanjing. He patiently analyzed the key reasons for the change of attitude before and after 361 on the phone for Tony Ma.
Qingyun, or the support of Temasek behind him, is the reason why 361 is determined to compete with Tengda. Without external support, 361 alone would not dare to withstand the pressure from the Ministry of Industry and Information Technology.
While he was communicating with Tony Ma, there was a woman beside him who was listening attentively. She was Zou Kaixuan, his confidante and important aide.
"It sounds like Mr. Ma is at a loss and angry. It shows that WeChat is indeed a threat to the core existence of Tenda. The instant messaging sector may be at risk of a total collapse."
After he calmed Tony Ma down and hung up the phone, Zou Kaixuan slowly said, “But if I rashly interfere in Tengda’s internal affairs, will it arouse the vigilance of the higher-ups?
This was the case a few years ago. The media arena is especially monopolistic, and the higher authorities will not allow private groups to hold it for a long time. I am afraid that after all the effort I put into this operation, I will inevitably be a burden to others in the future. "
"It should be fine. The higher-ups can't take it back, and we have to guard against outsiders taking advantage of the situation. We are the only ones we can rely on now. You see, the Southeast Asian capital behind Qingyun is the same, as long as we don't cross the red line.
If you simply make financial investments, take some dividends every year and enjoy the appreciation of the stock price, and don't try to get involved in the dominant position, there won't be any big problems in theory. "
As the most outstanding businessman in Hong Kong's 100-year history, without a doubt, Li Bancheng has a very good grasp of the bottom line of all parties. As long as British capital is there, he is the spokesperson for British capital's interests in Hong Kong.
With American capital, he is the most important partner of Youtai Capital in the Far East. His Dajiang Industrial Group controls half of Hong Kong's hydropower infrastructure.
Taking advantage of the gaps between the cooperation and competition between British and American capital, it took the opportunity to have the best of both worlds. It relied on American capital to complete its transformation, promoted the peg of Hong Kong paper to the US dollar to stabilize the exchange rate, and won the favor of American capital.
They also wooed British capital, which was declining globally, to help them gain a foothold in Southeast Asia, offset the pressure from American capital, and take the opportunity to take over British resources and control key infrastructure in many places.
What is most enviable is his layout in the Internet industry. A few years ago, his youngest son invested 150 million US dollars in Tenda, but was later forced to sell all his shares because his public holdings were too high-profile.
But privately, the foundation jointly held by him is still a major shareholder of Tenda, and has successively invested in many core Internet companies around the world, relying solely on this investment.
Ten years later, he was as rich as a country.
All of this is entirely due to the fact that he went with the flow, helped others succeed, made profits after achieving success, did not try to fight for dominant control, and adhered to the principle of sharing benefits equally.
If you are willing to give up, you will gain something!
"It is so difficult to pull chestnuts out of the fire and overtake on the curve. Britain and the United States are on high alert and do not give the mainland any chance to break out. All sensitive technologies are hidden, just to turn the mainland into the largest OEM base.
In my opinion, the global division of labor is a foregone conclusion. Everyone performs their duties according to their strength. The party with absolute advantage makes the rules, and it is understandable that the weak succumb to reality. "
Zou Kaixuan is still worried, "I'm afraid the higher-ups won't accept it. Although the mainland's major infrastructure projects are in full swing, everyone knows that global hot money is pouring in during this period.
When they withdraw in the future, all industries will inevitably be depressed. The mainland is also aware that this is an irresistible trend, but they are determined to promote the grand strategy of building a country through science and education, and are ready to take the opportunity to fully support industrial upgrading.
They are trying to take advantage of the influx of hot money and the godsend opportunity of abundant funding, and they are talking a lot about adjusting and optimizing the industrial structure and are ambitiously seeking to rise in an alternative way. This is destined to be a bloody road full of thorns.
Being able to make money through cooperation but not satisfied, and wanting to get to the top and gain advantage to stir up disputes, will inevitably lead to a head-on collision with big capital in the future, adding to the troubles, which is unwise.
It's a pity that the tacit understanding that we have worked so hard to achieve with all parties, which facilitated the circulation of capital and was a good time to make huge profits, is about to be gone forever. It's really damn it. If a fight breaks out, we will inevitably be blamed.
We have no checks and balances and can only allow a small group of people to forcibly sacrifice the interests of the vast majority of people in order to realize their own ambitions. This is ridiculous.
If you ask me, the extremely difficult business environment that will inevitably emerge in the future is the result of the bitter fruits sown today, and we cannot blame others.
But you are smart, sir, for seeing the hidden dangers in advance. I have followed your instructions and asked Dajiang Industrial and other companies to make investment plans in advance and launch as many high-turnover projects as possible within the next two years.
Taking advantage of the formation of asset bubbles, Deep Packaging and extensive cooperation are aimed at cashing out in advance at the highest point of the bubble. By then, no matter what choice the North makes, it will not affect the company's layout.
It’s a pity that those truly high-quality resources cannot be packed up and taken away, and even the safety of Tengda’s shares cannot be guaranteed.”
There is no such thing as a one-size-fits-all approach; it was simply inevitable. Ten years after Dajiang Industrial's successful withdrawal, these banana capitals, which were neither foreign nor domestic, were ruthlessly cleared out.
They wear the same skin and speak the same words, but in the end they are similar in form but not in spirit. They are not of the same mind. At the critical moment, they will never be able to get their hands on core resources.
Historically, Tengda’s market value of 7 trillion was just the last frenzy, and since then, it has nothing to do with them.
Li Bancheng didn't speak the whole time. He was thinking seriously. After listening, he slowly spoke: "The so-called space is exchanged for time, taking the opportunity to develop high-tech industries and compete for the dominance of world resource allocation.
It is destined to be a dead end. It is not easy for Dajiang Industry to develop to where it is today. We cannot watch it sink into the swamp and must extricate ourselves in time.
Besides, there are experts in the north, who will definitely stop losses in time after a series of setbacks. We will see when we turn the ship around."
He has the confidence to make a temporary cut because the essence of this world is strength is king. Relying on the development of Dajiang Industry for more than 50 years, he has become the de facto leader of Chinese capital in Hong Kong.
The funds that can be influenced are more than trillions, and the resources that can be mobilized are enormous. As long as you don't touch the core reverse scale of Yu Tai Capital, no matter how big the storm is, you can't touch it at all.
Merchants are like cattle and sheep. They are born to live by grass and water and avoid harm. They will flee far away at the slightest sign of trouble and return to lick the food when the weather calms down.
Taking advantage of the golden opportunity of international hot money pouring into the mainland, he has decided to cash out at a high price, and then go back to buy at the bottom after the north recognizes the reality and compromises. With one entry and one exit, his profits will more than double.
But a businessman will always be just a businessman. He will always be limited to the word "profit". He will never be able to break free from the constraints of fame and fortune. How can he achieve greatness without taking risks?
The mainland has great ambitions and hidden plans, so how can a mere businessman try to guess?
Leaving means being completely out!
Moreover, in this life, there is Qingyun who suddenly appeared. Those who help the tyrants to commit atrocities cannot escape the relentless pursuit of overseas Chinese capital even if they flee to the ends of the earth.
"Alright."
Zou Kaixuan sorted out his thoughts and stopped looking at the so-called dying man's delusion. He introduced the topic to the planning of Southeast Asian capital and sneered: "Thirty years ago, British capital was decadent and American capital entered the market.
They are like a snake and a rat, enjoying the fruits of global economic development while resisting the sharing of benefits. They also want to learn from Europe's economic integration and unite to resist foreign capital.
What was the result? The financial crisis in 1998 reaped the benefits instantly, and in the end it was us who benefited. We thought they would make some progress, but they still ended up in a hopeless situation.
The intention is to strengthen economic ties with the mainland. What's even more ridiculous is that after supporting a rising star, he wants to get rid of its influence and control. Lijiaopo is simply out of control and wants to replace Hong Kong as the new financial center.
Simply ridiculous! "
"It may not be impossible."
Li Bancheng stands higher and sees further, "With the continuous development of the mainland economy, Hong Kong's special location advantage has been weakened. This time, international hot money continues to pour in, and once a compromise of interests cannot be reached.
Hong Kong capital will inevitably make the choice that best suits its own interests, and thus will gradually move away from the North. Without the support of the North, American capital will also flee, and there is no future here. However, I really don’t like the arrogance and unreasonableness of the squid capital to completely mess things up before leaving. They haven’t realized the principle of leaving a way out for the future, and they may even cause trouble.
We don't have to participate. Next, we need to strengthen our capital layout in Southeast Asia, acquire a number of high-quality industries in advance to strengthen our influence, and the funds brought back from the mainland do not have to be invested entirely in Europe.
Let's transfer a part of it to Southeast Asia, maybe it will be of great use in the future. Regardless of whether Lijiaopo can develop smoothly, there will always be a share of the incense by then, which won't be too big of a difference.
But with Qingyun here, I can’t come up with more bargaining chips to convince Li Jiapo for the time being, and I’m afraid I will inevitably disappoint Xiao Ma.”
Zou Kaixuan asked curiously, "With you personally coming forward to say hello, Mr. Li Yilong shouldn't refuse such a small matter as the application of 361 for listing in Lijiapo?!"
“361 is just an appetizer. Looking at the overall layout of Qingyun Group in Southeast Asia, it is possible that the entire Qingyun Group will apply for listing in Lijiapo in the future. The interests involved are too broad.
Just from the list of shareholders of Tsing Yun Southeast Asia Branch, it is not difficult to see that this is the result of the joint efforts of multiple companies. Temasek Holdings and Tsing Yun Holdings have exchanged shares, and the two parties have become deeply bound.
Southeast Asia is too far from America and too close to the north, and there is no way to avoid the influence of the north. Perhaps this is the collective decision they made after judging the future. "
Li Bancheng simply did not make the call, but asked the person in charge of Dajiang Industrial in Lijiaopo to come forward and contact the Lijiaopo Stock Exchange in advance, trying to disrupt the listing review process of 361.
……
"You're in big trouble now that you've been targeted by a non-stick pan. Fortunately, there is no business giant comparable to Tenda in Southeast Asia, otherwise the promotion of WeChat Technology would also be hindered in the same way."
Li Yilong and Li Zehua seemed particularly relaxed during their video chat. WeChat Technology used its own strength to not lose out to strong opponents, proving that it still has a strong competitive advantage in its home country.
If we can hone a stronger management team and technical capabilities over time and take back Southeast Asia, wouldn’t that mean we can crush all our competitors?
Li Zehua, however, was not as relaxed as him. "To raise fish, one must first raise the water. Qingyun Electronics is developing too slowly. Its hardware and technology are limited by people. It is congenitally poorly developed. If we want to do something, we can only rely on others' opinions.
The chips and technology licenses ordered from Qualcomm were paid very stingily, and the money was not enough to buy enough core hardware. They wanted SMIC to come forward to discuss production agency cooperation.
Qualcomm rejected their application again on the pretext that it involved restrictions on the transfer of sensitive technology, so they had no choice but to ask Li Jiaopo's Lion City International Semiconductor to apply for foundry cooperation on their behalf.
It can’t be that all the market share is taken away by Taiwanese companies, right? "
If the scale of smartphone users cannot grow, Qingyun’s entire mobile-based strategy will be out of the question, even if he has countless amazing business plans in his mind.
Li Yilong smiled and said, "Of course Lion City International Semiconductor can come forward to negotiate, but the question is, do you dare to agree to those imposed binding terms?
Openness and sharing mean control and binding. Don’t forget that the mold in Changi is there. Once the skin is torn, even the most basic safety cannot be guaranteed. "
"Fuck, it's so hard to get something done. They even have the nerve to promote global division of labor and free trade, but when you buy some outdated junk, you have to pay a bunch of unfair terms.
If you don’t know, you might think they bought a photolithography machine and were going to build a star destroyer to break out of the Earth and dominate the Milky Way.”
Li Zehua cursed casually, "Is this non-stick pan crazy again? It's eating from the bowl, staring at the pot, and thinking about smashing the pot before leaving?
Chairman, don’t be fooled. 361 is followed by a series of high-quality companies that will be listed in Lijiapo. Countless people with lofty ideals in the mainland are waiting to see your reaction.”
The cooperation with Lijiaopo to build a new Asian financial center has not yet received public support, and the higher-ups are also hesitant. After all, success or failure will have both advantages and disadvantages.
It's okay to let Sanliuyi go out to test the waters and explore new tracks, but it's a matter of great importance whether the Qingyun system can achieve its set goals as it goes overseas as a whole, and no one dares to make the final decision easily.
We can only take one step at a time and see how it goes. Perhaps as WeChat technology, micropayments, and people's livelihood systems continue to go overseas, the general perception of the middle and upper classes in Southeast Asian countries will be reversed, and they can profit greatly from it.
If we can resist the pressure from the United States and keep going, then everything will be fine. By then, the RMB will successfully gain regional trade dominance and the profits will be enough to silence all opponents.
It is based on this that Li Yillong is cautiously testing the waters. He must consider the future, otherwise, if things continue to develop, whether Lijiaopo has the surname Li or not will be secondary.
If we allow Sida Capital to continue to introduce Jiaobenji and Asan Capital to dilute it, they may not even have the right to speak.
Therefore, he supports the introduction of Dongda Capital to provide checks and balances, at least to buy enough time for the big plan.
The key to victory lies in the success of finance, public opinion, micropayments and WeChat, which means the success of Chinese capital in Southeast Asia. The rise of Dongda will effectively resist the threat from mold.
As long as their minds are not confused and the middle and upper classes speak with one voice, you will find that in fact, Squid Capital does not have many good solutions.
If they can successfully resist the threat of mold, then you will see that Squid Capital is a paper tiger. At the economic level, their theories are extremely vicious and black-and-white.
It is totally untenable because everyone can clearly see that the so-called sharing of benefits is just taking out the fat meat that everyone could have eaten and eating it first.
Take out some leftovers to feed the dog. If it is obedient, give it some meat bones. If it is disobedient, beat it with a stick. That's all.
“Please rest assured that the stock exchange management has decided to accept the listing applications of 361, Yida Group and Yongchuang Group.
However, it will take a long time to negotiate on stamp duty, how to distribute transaction commissions, and the cooperation framework for Chinese institutions to establish branches in Lijiapo and RMB to participate in transactions.
Li Yilong did not hide anything from him and told him everything in detail. "You can consult DBS Bank for details. You need to speed up the communication with Minsheng Group. It would be best if it were as quick as possible."
"It won't be fast either. People inside and outside the company are setting up all kinds of obstacles. Needless to say, outsiders, even paying for last year's outdated products comes with a lot of clauses. Don't expect them to agree easily."
Li Zehua said in a deep voice: "Not to mention the internal situation. Behind the huge interests involving tens of billions, various forces are involved, and they are all busy taking advantage of the last opportunity to put as much share as possible into their pockets.
Even if I make repeated assurances and offer other benefits in exchange, I still cannot gain people's trust, because the People's Livelihood System still involves fatal handles left behind by various forces, which cannot be cleared up before they are covered up.
They will not let go easily. Any slight move by the group will provoke counterattacks from countless people. For the sake of stability, I dare not continue to urge them, otherwise those people including the Academy of Sciences and the Federation of Industry and Commerce will...
He is going to fight me to death."
After listening to this, Li Yilong smiled and said, "Now you can see clearly what these people are like. I have long told you not to mess with them easily. They are like cotton, which can be soft or hard, and they become confused when they get wet.
It's completely different with you. You have to beat cotton into iron and offend people everywhere."
"But they don't make tens of billions at once even if they are dealing in cotton!"
Li Zehua grumbled in dissatisfaction, "Hey, hey, hey, you laughed the happiest when the money was divided. Anyway, I don't care, just send someone over to participate in the reception work, after all, they are outsiders.
If everyone gives me some face, I won’t be blamed even if something happens.”
"Okay, I don't know if your foreign currency will be taboo in the future, but it's profitable for now, so I'll agree on behalf of several banks."
Li Yillong would not refuse the benefits that come to his doorstep. Participating in the restructuring of the Minsheng Group involves hundreds of billions of future profits. Only a fool would think that the money is too much.
Finally, he said, "There is one more thing. Please quickly send out the three million Roewe phones you promised. Malaya and Indonesia have urged us several times."
Lijiapo is not in a hurry, because there are many rich people here, and they look down on Roewe. The rich either buy Apple or Panda, and those of lower grade also buy Samsung and Honor.
When Li Zehua heard this, he immediately played dumb, "Ah? What did you say?
Sorry, the signal here is not good." (End of this chapter)