458 Opportunities in Hong Kong
"Even if it doesn't go well, it will be a few years later. By that time, we may not have any chance." Chen Nanpeng said with a frown.
Toutiao is not LeTV, and its funds are completely incomparable. Toutiao, which has traffic entrances + monetization channels, is just Quxin's Yu'ebao. Even if the business strategy changes due to banks, its annual net profit is as high as 10 billion yuan.
Even if other businesses have not been listed yet, the annual net profit of major businesses is at least billions of dollars. If it weren't for the need to continue to burn money to stabilize the market, it would be easy to exceed 10 billion. Not to mention, the most profitable method of the Internet is to go public and raise funds, and the headlines have not yet begun.
Building a car does cost money, but the problem is that Zhou Yujie has too much money, just a new car, and the speed of burning money may not be as good as the speed of making money.
Zhang Lei nodded and said, "This is a long-term plan. In the near future, we may be able to help Zhou Yujie in this area."
Chen Nanpeng thought for a while and said, "We are not involved in the automotive field deeply, and our resources are limited. Apart from the funding aspect, it is difficult for us to provide any substantial help."
Zhang Lei said: "Sequoia Capital has a long history in the United States and should have enough channels. You can hire enough teams from Tesla. I think Zhou Yujie will not reject this proposal, because if he wants to poach people, it may not be that easy."
Chen Nanpeng nodded and said, "I can try it, but it's just that it's difficult for Zhou Yujie to make any substantial concessions, right?"
"Don't talk about transactions or friendships in this kind of thing." Zhang Lei said with a smile: "In the current headlines, we have no big advantages in talking about transactions. Instead, it is more meaningful to make friends with senior executives like Zhou Yujie or Lin Youde.
In addition to making cars, Zhou Yujie recently acquired a medical device company in Su Province. He himself went there and negotiated the deal."
"Zhou Yujie went in person?" Chen Nanpeng was moved and asked, "How much does the transaction volume? Can he actually let him go in person?"
Although Chen Nanpeng’s relationship with Zhou Yujie is not very good, he also analyzed Zhou Yujie’s personality. This is a business elite who likes to hide behind him. He is accustomed to controlling everything, but he rarely comes forward. Except for the huge financing involved in the business of his Toutiao company, the manager is basically responsible for other situations.
The acquisition business that Zhou Yujie personally participated in will definitely not be small in scale, but what Chen Nanpeng is strange is that if the scale is not small, he should have heard of it.
Zhang Lei smiled and shook his head and said, "It's just a few hundred million yuan."
"How many millions?" Chen Nanpeng was puzzled. This amount of funds was probably not enough for Zhou Yujie's daily income, so it should not be worth his personal effort.
Zhang Lei continued: "This transaction is very strange and has nothing to do with Toutiao's business, so the only explanation is that this is Zhou Yujie's personal preference."
"That's how it makes sense." Chen Nanpeng also understood and asked, "So what you mean is to give your preferences in this regard?"
"Yes. If Zhou Yujie really acquired this medical company for personal reasons, then he will definitely have a lot of energy to invest in the future and pay more attention to this aspect. This is our opportunity." Zhang Lei paused and said, "Mr. Chen, I heard that you have a good relationship with the president of the US CVS?"
"Mr. Zhang's news channels are so wide." Chen Nanpeng said calmly.
CVS is the largest pharmaceutical and medical device chain in the United States. It also has a considerable market in Europe, with an annual turnover of tens of billions of dollars, ranking among the top 500 in the world.
Chen Nanpeng has a certain personal relationship with the CEO of CVS. This matter is not a big secret in the United States, but not many people know it. Unexpectedly, Zhang Lei found out.
Zhang Lei smiled and said, "I also learned by chance. I was thinking that if Mr. Chen could enter the company that Zhou Yujie had just acquired into the CVS supply chain, I think we will achieve our goal."
"I understand what you mean." Chen Nanpeng nodded and said, "When I go back to the party, I will contact the United States to see."
...
"Hello, Mr. Qin." Zhou Yujie shook hands and smiled at a bald middle-aged man in the main seat of the banquet hall.
"Sorry, Mr. Zhou, there was a sudden temporary meeting when he came before, which wasted a little time." Mr. Qin said with a smile.
Zhou Yujie said: "It's okay, we're just a small party. The important thing is, and we need more support from your bank in all aspects in the future."
The man in front of him is Qin Jianlin, the head of China Banking Corporation's dividends in Hong Kong. Pinduoduo is listed in Hong Kong, attracting many local financial companies, including HSBC, Standard Chartered, Sun Hung Kai Securities, etc. They all want to become Pinduoduo's securities firms. In the end, Zhou Yujie chose China Banking Corporation.
In Hong Kong, Bank of China can be said to be a financial institution second only to HSBC. It has the right to issue Hong Kong banknotes and has the entire mainland behind it. It has strong financial strength, which naturally meets Zhou Yujie's requirements.
Qin Jianlin said: "That's of course. If Mr. Zhou is willing to list other industries under your jurisdiction in Hong Kong, we will definitely give the highest discount, and this is also a situation that the central government is willing to see."
In the early stages of the development of the Internet, because domestic state-owned or private capital did not understand such technology companies, they missed many golden opportunities in vain, which made overseas giants make a lot of money. Because the United States is more popular with the Internet, Nasdaq is more friendly to the listing of Internet companies. Therefore, the dividends of the entire Chinese Internet have been transferred overseas.
Domestic senior executives also want to change this situation, but their own country's stock market involves too many aspects, and it is impossible to make a big fuss about the rules they set for most of the Internet companies that have already gone to the United States.
But no one expected that the emergence of smartphones triggered the mobile Internet, and many Internet rookies emerged in China. Some domestic capital and state-owned enterprises took the opportunity to seize some of the dividends, but there was still no way to go to the listing area. Nasdaq is still everyone's goal.
In order to change this situation, the country also intends to train the Hong Kong market to replace Nasdaq, but except for Teng Xun, who has long been listed in Hong Kong, other Internet companies have no interest in Hong Kong listing and even small companies do not agree to it. It was not until Pinduoduo's application for listing in Hong Kong that the deadlock was broken.
This time, Pinduoduo's listing must be successful, but even if state-owned capital promotes it, success alone may not attract others. The subsidiaries of Toutiao are the best quality targets.
Zhou Yujie nodded and said, "I am also willing to go public in Hong Kong, but the Hong Kong government does not recognize the A-shares, which makes us very embarrassed."
Chapter completed!