Reborn Entrepreneurial Giant

After staying on Wall Street for a few days, Qu Li met Li Charlie, which was a little unexpected.

"Didn't you just acquire TVB?" Qu Li asked curiously. In September last year, Li Jiajie, the son of another rich man in Xiangjiang, wanted to acquire a 26% stake from the Shaoshaw family, the controlling shareholder of TVB, for 9.2 billion Hong Kong dollars, but Fang Xuehong, the actual controller, did not agree.

In January of this year, when Qu Li was still in Davos, Charlie Li announced the acquisition of all the assets of Shao Brothers. This company holds 26% of TVB shares and real estate worth billions of Hong Kong dollars. The actual amount of this acquisition should not exceed HK$10 billion.

"I'm not like you who can mobilize tens of billions at any time. This time I went to Wall Street to raise money, but since we met, we might be able to negotiate a deal." Li Charlie

"Nonsense, how can I have so much money, what kind of business are we talking about?" Qu Li really didn't think it was necessary for Li Charlie to cooperate. He also had the richest man, so it's no wonder that Li's family had less money than him.

Li Charlie didn't entangle with Qu Li about whether he had money, not to mention Vision Investment, Jumei's cash flow made him very greedy. For example, Jumei self-operated needs to pay for the goods first, but now many products are signed contracts, the goods will be shipped, and the payment will be made after 60 days after the sale. The 60-day account period can be used for investment, such as buying Yu'ebao, such as building logistics for cloud computing.

These thoughts are somewhat traditional. As a start-up company, when the operation is not stable enough, in order to avoid the risk of a run, Qu Li dares to buy Yu’e Bao at most, so long-term investment relies heavily on profit expectations. For example, when he went to Wall Street this time, Jumei CFO Bian Liang Has come here to issue $1 billion in corporate bonds.

Shopee's performance exploded in the last fiscal year, but its profit margin plummeted in the second half of the year. It needed a large amount of capital to maintain its overseas expansion. It must be known that Amazon is in the way. It is more troublesome to negotiate with overseas brands, and many of them need to pay in advance to purchase goods. Including cooperation with Li \u0026 Fung, a traditional supply chain company, is also a lot of troubles. After Sun Moon Fenghua sold the "Danlin" brand, it increased its investment in supply chain management and began to partially replace Li \u0026 Fung's functions.

None of this has anything to do with Li Charlie. Anyway, he doesn't have a share in the family business. Before Li Bancheng separated, Li Charlie didn't seem to have much money. Ahem, having no money is relative.

Li Charlie's so-called cooperation is to let TVB enter the country. This is something Murdoch can't do. He wants Qu Li to do useless work, so I think highly of him.

"Why don't you buy the land in Clear Water Bay and sell it to you at the original price of 2.5 billion." Charlie Li

Could it be that this was his purpose? It turns out that Li Charlie bought 26% of TVB's shares for 6.3 billion, and the land for 2.5 billion. There should be a premium, right? Fortunately, Li Charlie signed the contract with the Shaojia but did not deliver it. If Qu Li wants to buy it, he doesn't need to pay the deed tax again through him.

Qu Li thought that he should have taken advantage of PCCW's acquisition, so this time he should pay back the favor and agreed to Li Charlie.

Li Charlie is naturally happy, so his financial pressure is much less all of a sudden. Although Pine Bridge Capital, a New York asset management company, manages 80 billion US dollars in assets, it is not under his control after all.

After talking about business, we started chatting about gossip. Qu Li's achievements will not be overlooked by Xiangjiang Media. He is the third man to be listed as Time Magazine's Person of the Year. He was born as an orphan. No matter how you look at it, there is a sense of legend flowing in him. .

"It is said that someone is worshiping you, saying that you are the god of wealth, and wants you to bless them to get rich..."

"..." Qu Li looked embarrassed. He was still the father of Shamat Yeast, and now he has become the God of Wealth again. He won't transform into the master of Xiejiao Yen in the future, right?

"Do you really want to donate 5 billion US dollars?" A child from a traditional wealthy businessman family like Charlie Li has no feelings for a big country, and he doesn't know how to pretend except to show off his wealth.

"Of course, words spoken in public are like water poured out, and I dare not take them back."

"Why do you..."

"Is it so hard to think about it?" Can Qu Li say that he dare not let venture capital get too many shares in order to cater to the readers, can't he? I have no choice but to do charity, which can also enhance the brand and style of the company.

"Which projects are you planning to invest in?" Li Charlie asked from a different angle

"I haven't thought it through yet. If it wasn't for the promotion of Honor's listing on Nasdaq, I wouldn't be able to make it public at this time. I haven't prepared anything yet." Qu Li and Li Charlie are not friends, so naturally they can only say part of it." The truth".

The two chatted, and Qu Li learned that the land is in Clear Water Bay, which is very close to the sea, and at worst it can be used to develop a data center.

"The price is a bit high." Peng Haichao, CEO of Yingda Real Estate, complained

"The housing prices in Xiangjiang are still rising, and it's normal to buy at a premium..." Qu Li didn't believe it. He found out that Shaoshi was privatized in 2009. The total price of the three lands in Qingshuiwan was 2.75 billion, and a small land was sold at a low price of more than 100 million. Give it to your own people, and sell the rest for 2.5 billion. There is really no premium, but this land may be of limited use.

"Our funds are invested in Rongcheng, and we don't have so much money now."

"So you can't do it?" Qu Li suddenly realized that he was stupid. He was going to direct a Sun company through several layers of connections, and he was about to hang up the phone.

"Yes!" The other side of the phone quickly shouted: "The shareholders of Yingda Real Estate are too single. The current market value is less than 5 billion Hong Kong dollars, and the current cash equivalents are more than 2 billion. What I mean is that if you want to acquire Qingshuiwan Land You can increase capital to buy shares. Last year, the revenue and profit of Nianyingda Real Estate both dropped, so the stock price is very low, but when the Yinghe Center in Rongcheng opens..."

After explaining on the phone for a while, Qu Li understood that if he bought Yingda Real Estate at the current market value and sold the company's assets, he should be able to more than double the profit. As long as their commercial real estate project "Yinghe Center" is successful, the market value will easily double.

Of course, Qu Li is not so easy to fool around. He took a look at Yingda Real Estate's total liabilities of nearly 6 billion Hong Kong dollars, which is about the same as the cash flow at the beginning of last year. Yingda Real Estate did not open many new projects last year. In China, there are projects such as Yingke Center in Beijin, as well as properties in the Cyberport. The fixed assets are about 6 billion. The market value of 5 billion Hong Kong dollars is not high. If you really want a premium, you have to consider it. Can the team bring sustainable profitability.

Commercial real estate like China Resources MixC is sure to make money. The question is whether the current team has the ability to operate, and if so much money is handed over to them, can it generate value.

"You prepare a plan first, and I will discuss it with Sun Jianhe." Qu Li said a few words briefly, then hung up Peng Haichao's phone.

Flying from New York to Silicon Valley, Shopee President Wang Yunliang is in Silicon Valley at this time. It is not easy for anyone who has a family to work abroad. Fortunately, under the rotation system, Jumei, Juhuasuan, and Jumei Logistics The four departments are adjusted every three years, and he only needs to work in Silicon Valley for three years at most.

After chatting with Wang Yunliang, Qu Li, who was about to return to China, suddenly received an invitation from Qiaobusi and stepped into Apple again.