Reborn Entrepreneurial Giant

Chapter 288 Cashing out BYD

With continuous success, Qu Li becomes more and more tough no matter who he faces, even if he sometimes pretends to be modest and cautious, he still feels that he is very great.

This situation is both good and bad. His domineering approach pushed Qiancheng Auto to complete a major change and complete the transformation according to his requirements. The disadvantage lies in dealing with the government, the King of Hades likes to deal with little ghosts, Chen Danlin can always comfort him, and patiently deal with all kinds of ghosts and monsters.

"My parents have come to Yangcheng." Chen Danlin finally told Qu Li when she was free

"Oh, good." Has Qu Li met her parents before?

"Let them go to Beijin with us?" Chen Danlin said again

"..." Qu Li hesitated, "You can arrange it."

This year's National Day, the relevant departments invited the two of them to watch the ceremony at Tiananmen Square. There is no doubt that this is a great honor. In terms of qualifications, the two of them are naturally not enough, but they are representative.

An orphan with a junior high school education, a Sichuan girl who came out of high school to work, established the largest B2C e-commerce website in the country, which has a certain reputation in the world.

Originally, Chen Danlin would not be invited, but she is the chairman of Xiangyun, one of the first listed companies on the Growth Enterprise Market, and has been interviewed by many media this year. Unlike Qu Li, who often speaks outrageous words, she has a good image and temperament, and although she speaks sternly , but there are too many faces in the country, Chen Danlin has no suspense to become the youngest and most successful female entrepreneur in China...

The two were qualified to watch the National Day Ceremony. Although they could not bring their relatives there, taking their parents to Beijin to witness her moment of glory was something to be proud of.

Not to mention the bloody gossip between Qu Li and Chen Danlin's parents, some people were happy and others were not.

There must be a fierce battle between the two to meet, and then peace will be ushered in.

"Aren't you going to visit the National Day military parade?" Qu Li asked

Zhang Yiwen said with resentment: "If you don't go, do you want to see you on the spot?"

"If this goes on like this, I don't even dare to meet you anymore." Qu Li has a headache, if he can accept this kind of relationship, he can live a good life, if he can't, he can share it, why bother to find it hard.

Zhang Yiwen was silent for a while, and did not continue to provoke Qu Li with this matter.

Sunac plans to go public before Hengda in October, with the support of Xiangjiang Investment. Last year, taking advantage of the downturn in the real estate market, Sunac expanded against the trend. It went south to Magic City, Yangcheng and Pengcheng, and bought a lot of land. Now the market has improved. Funds can be raised for large-scale development.

At this time, the revenue of Sunac and Evergrande are similar, but in history, Hengda, which went public this year, has a market value of 70 billion, and Sunac, which will go public next year, is about 10 billion. Are you surprised?

The reason why Sunac delayed its listing until 2010 was mainly due to changes in shareholders. Now with Xiangjiang Investment, the situation is quite different.

In March 2007, Lehman Brothers injected USD 34 million into Sunac. In November, Dinghui Capital and New Horizon Capital injected USD 100 million, USD 80 million, and USD 20 million into Sunac respectively. Xiangjiang Investment took over Lehman's share in Sunac, and helped find money to expand against the trend. Not to mention Sun Hongbing's benefactor, at least his important partner...

Hengda has the blessing of the landlord, Sunac has the blessing of the vision investment, and it is not known how much the final market value will be.

"About 30 billion Hong Kong dollars..." Zhang Yiwen said

The Xiangjiang investment she is in charge of is mainly engaged in real estate and infrastructure, plus some high-frequency quantitative and hedge fund businesses; commercial center office buildings, long-term rental housing, logistics real estate (including ports and airports, etc.) are the key points, and Qu Li will add another one to her this time. IDC data center.

"You know how to torment me..." Zhang Yiwen

"Your words are ambiguous!"

Zhang Yiwen stared at him somewhere and said, "Isn't it?"

You are right, Qu Li stopped struggling.

In 2009, domestic real estate sales were booming, and prices continued to rise. Xiangjiang Investment, which was deployed in advance, showed its professionalism and foresight, and raised a large-scale real estate fund in China.

"The investment in the early stage is not large, and the development potential in the later stage is very good." Naturally, Qu Li will not cheat her. As long as Jumei Juyun Technology can develop, the investment in the IDC data center that Zhang Yiwen is in charge of will not lose money.

"Obviously it's a big investment, but slow returns..."

"Isn't it good to make money slowly, safe and stable."

"I just want to make quick money!"

"..." This is not a good idea, Qu Li severely taught Zhang Yiwen, who didn't know the heights of heaven and earth, and got on his horse to ride!

Qu Li stayed in Xiangjiang for a few days, not to see the mother of the children, but also to deal with some matters of Vision Investment, such as Charlie Li’s successful acquisition of Pinebridge, and Qu Li was invited to visit PCCW to learn about their business scope and operating model .

The main business of PCCW is of course telecommunications. This part can be regarded as Zhongying Telecom in Xiangjiang, followed by enterprise services, streaming media NowTV, and real estate. For example, they have a multi-billion-dollar PCCW Center in Beijin.

After reading it, Qu Li regretted it a little. He is a junior high school student, how can he understand these things, he has no feeling at all, and he doesn't know where to start to change.

"If Envision successfully acquires PCCW, we will not participate in the operation and management of PCCW in principle except for finance, but we need you to unconditionally cooperate with Jumei Cloud Computing in building supporting data centers around the world.

There may be submarine optical cable construction in the future, but this is on the premise that the Jumei Cloud computing business can make the data center profitable...

You can discuss other matters, such as real estate and other non-main business..."

Qu Li left PCCW with these few words to several senior executives. He felt that the matter was basically settled. PCCW lacked room for upward growth. Charlie Li should be really willing to cash out and leave. , as long as large and small shareholders do not object, it can basically be settled.

"Where did you get so much money?" Zhang Yiwen was curious

Qu Li wouldn't tell her that a man doesn't have a lot of private money, so he is still called a man?

Vision Investment has a lot of its own funds, and the hedge fund has made a lot of money. What can be used is the nearly 400 million US dollars prepared for the acquisition of Pinebridge. Now it has only used less than 100 million US dollars to prevent Li Charlie from crossing the river and tearing down the bridge.

The acquisition of PCCW 22.86 shares will cost about HK$5 billion, and US$300 million is about HK$2.3 billion, but he still has BYD's H shares.

In May this year, according to regulatory requirements, Wang Chuanfu sold 11.1777 million BYD H shares to Vision Investment at a price of HK$25 per share. This cannot be cashed out for the time being, but I have previously obtained 50 million shares through private placement and directly acquired 50 million shares in the secondary market, so I can cash out at this time.

Qu Li took a look. The stock price of BYD exceeded HK$65, and it was still rising at this time. There is no problem with the stock price exceeding HK$70. It is not a big problem to cash out 50 million shares of HK$3.5 billion. HK$5.8 billion is more than enough to buy PCCW.

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