From 2011 to beyond, China has great potential for development. There is no doubt about it. The biggest beneficiaries of trade globalization are the United States and China. There is also a day \ 1 book.

Europe started the Age of Discovery, became the center of the world, and now Europe has declined. It is an indisputable fact that only with one EU can it keep pace with the United States and China.

Needless to say, the United States sells apples and all kinds of other products to the world.

Needless to say, the day \ 1 book.

Most of the brands you are familiar with are either American, or Japanese.

There are no brands in China. But China sells Made in China to the world. Good quality and cheap goods are sold to countless third world countries. Actually, China is very smart. Third world countries are a huge market. You don't like it, I'll go. Made in China is of high quality, low price, and has great competitiveness.

To open up the market of third world countries, the United States is not as good as China. The United States offends people everywhere and interferes in the internal affairs of other countries. Very Buddha-like, often politically correct, and then welcoming China.

What else can Italy sell but sell luxury goods all over the world. Luxury goods can be sold for a few bucks. Therefore, Italy has become the European pig five countries.

Huihai Investment, which invests in foreign stocks.

Huihai Investment is not an empty shell.

There are dozens of Wall Street elites.

There are still more than 10 billion US dollars of funds lying on the books of Huihai Investment. Not used yet.

Zhou Yun is eyeing Tencent stock. This is an idea that has been around for a long time. The main focus is on the Tencent stock held by South Africa's MIH.

Compared to Apple's equity, it is very dispersed.

Tencent's equity is very concentrated.

Sort out Tencent.

In the early days of Tencent's business. IDG and Pacific Century Digital (founded by Li Zekai) invested a total of $2.2 million in Tencent, each acquiring a 20% stake.

In June 2001, Pacific Century Digital sold its 20% stake in Tencent to MIH for US$12.6 million, and MIH also acquired its 12.8% stake in Tencent from IDG.

In June 2002, some of Tencent's main founders (excluding Twist Vine) sold their 13.5% shares to MIH, so far, Tencent's shareholding structure has changed to 46.3% entrepreneurs, 46.5% MIH, and 7.2% IDG.

......

So far, MIH Group still holds 33.25% of Tencent's shares. It is the largest single shareholder of Tencent, however, MIH has no voting rights, only the right to dividends, so the control of Tencent is in the hands of Twist Vine and its management team.

MIH made more money by investing in Tencent than all the VCs in China combined.

......

MIH made an investment bet on a koi.

Now in 2011, Tencent's market capitalization is $40 billion. It cost about $33 million to acquire a 46.5% stake in Tencent. Less than 10 years later, MIH now owns a 33.25% stake in Tencent. That investment has multiplied to more than $13 billion.

MIH certainly didn't know that in the future, Tencent's market value would exceed HK$2 trillion at its peak. One of the top 10 companies in the world by market capitalization. Now MIH may have become rich because of its investment in Tencent stocks. is still in a state of confusion, and he is so confused that he doubts life.

MIH's parent company, Naspas, holds $13 billion worth of Tencent stock, but the market value of Naspas stock is only $10.4 billion. It is equivalent to a 20% discount to buy Tencent shares. Also received a whole bunch of small companies.

Of course, what Zhou Yun said was so confused that he doubted life was just a joke.

It is indeed a fact that at the highest time, buying Naspas shares is equivalent to buying Tencent shares at a 6.6% discount. This shows that at this time, neither Naspas shareholders nor investors have much confidence in Tencent.

From the beginning of 2010 to the end of 2011, Tencent's stock price fluctuated repeatedly, and in two years, Tencent's stock price did not 'grow'.

It wasn't until the end of 2011 that Tencent's stock price began to take off.

They don't know now that Tencent would become one of the top 10 companies in the world by market capitalization.

Now, Tencent's profitability is not as strong as it was later. With a market capitalization of $40 billion, the price-to-earnings ratio is very high for Tencent right now. Because of this, the price is discounted.

Investors who buy shares in Naspas must identify with Tencent.

This is too much agreement for Zhou Yun.

At this time, it may be Zhou Yun's last chance to take over Tencent stock from Naspas. Discounts are also available.

Huihai Investment has more than $10 billion on its books, which can almost swallow Naspas. Swallowing Naspas not only swallowed 33.25% of Tencent stock, but also gave away a lot of small businesses. That's a good idea.

Zhou Yun asked dozens of Wall Street elites under him to discuss whether it was possible to swallow Naspas.

After a few days, a reply was impossible.

Zhou Yun wanted to buy Naspas and leave the crown jewel, Tencent's shares.

Then, sell the other assets like cabbage. It's a pity that I can't dismiss Zhou Yun's wish.

Zhou Yun had to take off the crown jewel.

Now this crown jewel has not yet radiated a dazzling light.

Zhou Yun asked them to ask Naspas again, is Tencent stock selling?

A few days later, reply.

Can be sold.

At this time, Tencent's price-to-earnings ratio was very high. Micro \1 letter has just been launched, and the game business that makes money is not yet in full swing, and now is the time to sell. The original investment was 33.5 million, and in less than 10 years, it turned to more than 13 billion US dollars.

......

It's almost the Chinese New Year, and Zhou Yun also flew to the United States. It is conceivable that Zhou Yun is urgent about this matter.

Personally move this forward. But did not personally participate in the negotiations.

Professional things are left to professional people to do.

.....

Wall Street. An office in the Trump Building. The office location of Huihai Investment.

Zhou Yun drank coffee with a middle-aged white man. Middle-aged white man in a suit and leather shoes, his name is Brady Johnson, a Wall Street elite who has worked on Wall Street for more than 20 years. He became the head of investment banking, and now he is the head of Huihai Investment.

"How they replied. Zhou Yun asked. Zhou Yun said that they were Naspas.

They replied that they could sell us Tencent shares at a 9.2% discount. Brady Jossen said. It's normal to buy stocks at a discount. Tencent's price-earnings ratio is so high, how can it be done without discounting. Of course, if you want to buy Apple stock at a discount, people will spit on you.

"Can we still talk?" Zhou Yun asked.

"No more. Naspas doesn't have to sell Tencent shares. However, they say, you can exchange the patent share of the fragrance compound in your hand for Tencent shares, which can be discounted by 9.1%. They took a fancy to the patent share of the fragrance compound. Plus you don't want to support high taxes on your investment income. "Brady Jossen.

"You tell them. If I get a 9% discount, I can exchange the patent share of the fragrance compound for Tencent shares. Zhou Yun said.

"Good. This tells them. Brady Jossen said.

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Target. 101 to 200.

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