The biggest loss in this scandal is Fred, the rich second-generation son, who has now not only lost $10 million in gambling contracts, but also lost his position as the general manager of Dayang Fund Company, and received a severe reprimand from the entire family.

As for Leo Porter, the president of Global Mall, the loss in this incident is not too big, it is just a strategy to shrink the Chinese market, and in general, it is just a drag on the company's listing plan.

However, after leaving the Huaxia market, Global Mall has achieved great victories in other markets, so even if the entire Huaxia market is divested, the valuation of Global Mall is quite considerable.

And what Rioport intends to consider this time is to completely divest the Huaxia market.

"This time the global mall faded out of the Chinese market, is it because of the gambling incident, I don't think it's necessary. Fred said.

"The water in the Chinese market is very deep, which cannot be compared with any other market in the world, so fading out of the Chinese market was originally a choice for us to consider. It's just that after this incident, a consensus has been reached within our company that the cost of the Huaxia market is too high, and too much investment is no longer in our interests. Therefore, I intend to deal with the assets of Global Mall in Huaxia as soon as possible. Leopold said.

"This is completely different from my thinking, I think the Huaxia market is a very potential market, so this time I plan to go to the Huaxia market to try my luck, after all, in the American market, because of this big mistake, I have basically been abandoned by the market, only to move to other markets. The European market has a certain degree of connectivity with the American market, which I don't think is very suitable. Only the Huaxia market is an independent and unified market, and the growth potential of this market is very amazing, I think to make an investment, you can give it a try. Fred analyzed.

In fact, entering the Chinese market is also his helpless move, after all, his reputation in the American market has become stinky, and he is no longer the general manager of Dayang Fund Company.

Now Fred can only rely on his own little money, make a small private equity fund, and try his luck in the Chinese market.

"And what are you going to do?" asked Leopold.

"I plan to cooperate with the investment fund in ChinaAMC and use their channels to enter ChinaAMC. At present, I am more optimistic about the largest fund in the China AMC market, Dahua Fund. The current size of this fund company is about 10 to 1.5 billion US dollars, although it is very weak compared to our local fund companies in the United States, but it is already a big brother in the Chinese market. So I'm going to work with them this time, and presumably they won't object. And I also heard the news that the general manager of Dahua Fund Company seems to have a considerable conflict with Li Feng, which is even better. Fred said.

"Yes, there is a lot of contradiction between Xu Jinlin, the general manager of Dahua Fund, and Li Feng, but now Li Feng has grown up, and Dahua Fund has no choice but to do it. Therefore, Xu Jinlin is also very distressed, they are now the major shareholders of Baibao Group, and with their investment in Baibao Group, their fund has a high growth potential. "If you work with him, it's a good way to go." ”

"So what about you, are you really planning to withdraw from the Huaxia market? You have spent a lot of money in the Huaxia market before, and now the market share of the Huaxia branch of your global mall is more than 30%, is it a pity to give up like this. Fred was always puzzled by Leoper.

"We have a larger market, and we will open more businesses in Africa, Oceania, and South America in the future, and gradually realize the strategy of globalization in preparation for listing on the stock market next year. Therefore, we do not have more energy to take care of the Chinese market, and it is the best way to shrink the front now and exit with capital preservation. Leopold said.

Although he said so, he was still very reluctant to give up on the Chinese market, after all, this is the world's largest single market, with the largest population in the world, and the market potential is very huge, far more important than the business in Africa, Oceania and South America combined.

But now there is no better way, after all, the occupation of the Chinese market is too difficult, coupled with the unique culture of China, so that the global mall is very serious, in the past can not beat Baibao.com, in the present is even a bit of Taotao.com to catch up, which makes the prospects of the global mall in the Chinese market very bleak.

"In that case, I have a suggestion. Fred's eyes flashed, as if he had a good idea.

"Tell me about it. "Leopold seems to be interested.

"You can simply sell the Huaxia branch of the Global Mall to Baibao.com, so that on the one hand, you can collect money, and on the other hand, it is also a means to attack Li Feng. There was a hint of sly sly on Fred's face.

"I have also thought about this idea, but Baibao.com is different from our development ideas, they take the path of small and medium-sized sellers, while our global mall takes the path of shopping malls of large sellers, so even if I am willing to sell, Baibao.com may not be willing to take over. Wouldn't it be embarrassing for me to be rejected by them when the time comes. Leopold sighed.

"Well, I'll take care of this for you. Next, I will talk about cooperation with Dahua Fund, as one of the important shareholders of Baibao.com, Dahua Fund can come forward to coordinate the acquisition of the Huaxia branch of Global Mall. Now the market share of Baibao.com has more than 40%, plus more than 30% of the market share of the Huaxia branch of the global mall, that is, close to 80% of the market share, in the Huaxia market feel that it can occupy a monopoly position, in the face of such a giant, Li Feng's Taotao network wants to develop again, the difficulty will increase exponentially. Fred said.

Leoper nodded: "It's okay, but you have to operate the whole process of this matter, try to do a good job of communication between the two sides, Long Yu of Baibao Group is a powerful person, when you negotiate with him, you have to do your homework, don't be fooled by him." ”

"You can rest assured about this, this matter is done well, maybe we can use this as a basis to establish a joint camp to fight back against Li Feng, and then there will be a good show." Fred said smugly.

"If you can really build such a camp, then I will definitely support you with all my might. The corners of Leoper's mouth raised slightly, and he said, "Although New Dream Group is not international now, it is also our potential competitor in the future, so it is very beneficial for us to limit them to the Chinese market as much as possible now." ”