Tao Liangchen
Chapter 629 The Big Four and Asset Management Companies
Zheng Yongwen came to see Su Yehao.
Besides discussing cooperation, it was also for the reform of the Hong Kong Stock Exchange.
When Su Yehao had previously invited Zheng Yongwen to take on the task, he promised to fully recommend him for the position of Chief Executive Officer of the Hong Kong Stock Exchange.
After a long discussion.
The reform of the Hong Kong Stock Exchange was showing promise. Many wealthy businessmen in Hong Kong, like Su Yehao, wanted to get a piece of the pie in the corporatization of the Hong Kong Stock Exchange and the merger with the Hong Kong Futures Exchange Limited.
Before this, many people had only supported multinational financial companies, hoping to bring in companies like Goldman Sachs, BlackRock, and JP Morgan to further internationalize the Hong Kong financial securities market and increase its competitiveness.
Over the past year.
With Zheng Yongwen acting as a bridge and running around, the Hong Kong businessmen could no longer sit still. They began to band together and exert their strength, trying to redistribute the cake.
Hi~o(* ̄▽ ̄*)ブ On the rooftop of the Garden Hotel.
Su Yehao's mocha had just been delivered. The weather in February was still a bit cold, and a cup of warm coffee was just right.
At this moment.
Zheng Yongwen leaned back in the wicker chair, found a comfortable position, and said:
"During the financial defense battle in '97 and '98, my boss was under tremendous pressure. Some people were dragging their feet, saying that the government couldn't interfere in the market, lest it affect Hong Kong's status as a financial hub. These people were either stupid or evil."
"The Hong Kong Stock Exchange and the Futures Exchange fought their own battles, turning their elbows outward for their own benefit. I estimate there were many people building positions overseas, betting against Hong Kong stocks and the Hong Kong dollar. I'm not afraid of you laughing at me, but I was almost bullied to tears. It would be one thing to be stabbed in the front, but I was also stabbed in the back. I couldn't sleep day or night."
"This is one of the reasons why the higher-ups spent a lot of effort and were determined to promote reform afterward. If I succeed this time, I will definitely kick those rats out. There are a few who have annoyed me for a long time. They don't even love this city, so how can they be conscientious and seek benefits for the people, enriching only themselves…"
Su Yehao deeply agreed, nodding and saying:
"This is also why I chose you to cooperate with. Although you are a bit lazy, you still have a conscience and are more reliable than others. My people are contacting several large companies in the mainland to jointly establish an asset management company. A conclusion has been reached, and the company will be registered in Hong Kong, intending to take a 5% stake in the Hong Kong Stock Exchange. Considering the increasing number of mainland companies listing here, and even more who are interested, we shouldn't be excluded from the board of directors."
Zheng Yongwen immediately became interested and asked:
"Which companies did you find to cooperate with you? How much money will be raised in total, and what percentage of the shares will you hold?"
"Not too many, only four: China Resources, Poly, CITIC, and China Merchants. I'm leading a joint investment of ten billion RMB. I will hold 40% of the shares, and we'll develop towards investment banking, private equity, and public funds."
At this point, Su Yehao smiled and added, "It seems I still have a lot of face. There were hardly any twists and turns during the negotiations. It just so happened that they also wanted to open up the international market and invest in some high-tech companies, so we hit it off immediately."
Zheng Yongwen nodded, "Establishing the company now is perfect for bottom-fishing later. The North has found its own rhythm of development, and industrial upgrading is indeed crucial. If we include this 5%, the chances of success will be even greater. The Chief Executive of Hong Kong called me a few days ago, and he also believes that the shares of the Hong Kong Stock Exchange are best dispersed, and the multinational companies in Europe and America can’t be allowed to control them."
"Of course. These multinational companies only care about profits. If they take over the board of directors, how can I launch an Asian version of the NASDAQ?"
The reason why Su Yehao valued the Hong Kong Stock Exchange was because it was profitable and could, to some extent, reduce the dependence of mainland technology companies on the NASDAQ.
Considering that eating alone easily attracts hatred, when the time is right in the future, tAt instant messaging, tot which has already developed into a browser, and Yinhai Network Group will all be listed. Rather than listing in the United States, he prefers to list them on the Hong Kong Stock Exchange. At that time, he can also use the asset management company jointly established with the four giants to help mainland investors obtain some dividends from technological development.
As for Vice President Zheng Yongwen, he has his own ideals and ambitions. He is probably also thinking that a gentleman takes revenge, ten years is not too late, and is secretly trying to get his face back after losing it during the Southeast Asian financial crisis.
Thinking of something, Su Yehao changed the subject and asked with a smile, "Brother Yong, were you really bullied to tears two years ago?"
"... I said, almost. It's mainly anger. Do you think everyone is like you, even if they fail to start a business, they can just go home and take over billions of family property? I'm fighting alone, and it's a big disadvantage, okay?"
Worried that Su Yehao would continue to dwell on this topic and make him lose face, Zheng Yongwen pretended to be calm, stood up and said, "I still have something to do, I'll leave first. I'll go back and study it again, and keep in touch."
"Okay..."
——————————————
It just so happened that he was in Central, so he walked to Tian Yu Entertainment Company.
On the way, Su Yehao called his father and asked the financial departments of both sides to connect and transfer the wealth management funds of Meade Group to them, totaling a little over 2.2 billion RMB.
Since helping with wealth management, he has helped Meade Group earn more than seven times its investment. This money will still need to be taxed, and the remainder will be used to build a new headquarters building and expand investment in new factories.
For example, the electronics factory located within the Qianxin City Industrial Park will produce mobile phones and MP3s, expanding from home appliances to consumer electronics.
The design work for the Black Diamond phone was particularly smooth, almost just copying Qualcomm's mobile phone solution and incorporating it into a new shell.
The design style was provided by Su Yehao.
The appearance can't be said to be exactly the same as the BlackBerry in his memory, but it's probably about 90% similar.
As a mid-to-high-end product sold in the mainland, it has already reached cooperation with China Unicom, which uses the Qualcomm standard. They will purchase millions of contract phones.
The large market has its advantages. The batch of pdQ phones that were taken over by China Unicom at a low price were said to have been swept away, and the plan to deposit money and get a phone was quite popular.
Although the mainland market in this era is not yet huge, even if only a few percent of the more than one billion people get rich first, their purchasing power should not be underestimated. It should not be too difficult to complete the purchase amount agreed with Qualcomm.
Arriving at Tian Yu Entertainment, he found that Nangong Tian was sitting in the office with Jiang Yu and many of her close friends, watching a TV series together.
The editing work for *Boys Over Flowers* was more than halfway done. The Daoming Si and Shancai speaking fluent Cantonese always gave Su Yehao a sense of chaos. The scene being played just happened to be on the Four Seas International cruise ship.
Although the name of this yacht was obscured, the familiar feeling was overwhelming.
Others might not care, but facing one familiar scene after another, Su Yehao knew that he would definitely not be able to immerse himself in the plot when watching the series. It would be easy to get distracted.
The TV series was a lot of fun. After Nangong Tian saw Brother Hao, she still accompanied him out of the office, happily saying, "My friends are stunned! This series will definitely be a hit! I feel like we're going to get rich!"
Su Yehao said to her in a matter-of-course tone, "Of course, take a look at who picked the project. You asked me to choose a song last night. Have you decided on the title track for the girl group's album?"
"Not yet. I want a cheerful song that's easy to remember, but I haven't found a suitable one after searching and searching. It's driving me crazy."
After Nangong Tian finished speaking, she dragged him to the recording studio to listen to songs.
In the past, he had thin skin. Being praised for copying songs would make Su Yehao curl his toes.
But now he felt that rather than letting those classic songs from his previous life disappear, it was better to use them again, so he said:
"Don't worry. Maybe things will straighten out when you get to the bridge. There are so many people who can write songs. You'll always find some good ones…"