Chapter 242 Next year's three major acquisition targets
Heung Kong Telecom is still a giant in the Hong Kong stock market, with the stock market trading code of 0008, and has always been called No. 8 by the general public in Hong Kong.
As the largest telecommunications supplier in Hong Kong, Heung Kong Telecommunications has a market share of 97 per cent.
At this time, the number of people using mobile phones, call machines and other communication tools in Heung Kong is much higher than that in the mainland, and the market value of Heung Kong Telecom is as high as 380 billion yuan, and it has sufficient cash flow and no debt, and has always been a highly sought-after technology stock in the stock market.
It's just that with the return of Xiangjiang to the motherland, British capital began to gradually withdraw from Xiangjiang, and the major shareholder of Xiangjiang Telecom is a British-funded background, and at this time they are already seeking to sell Xiangjiang Telecom and evacuate Xiangjiang.
Two years later, with the support of Li Chaoren and a large group of bankers, Li Xiaochao acquired all the shares of Heung Kong Telecom with a small and broad scale, and with Yingdong Digital, a company with a market value of only a few billion, to stage a snake swallowing elephants.
Li Xiaochao's acquisition of Heung Kong Telecom is undoubtedly a myth of capital operation, but unfortunately Li Xiaochao is not a good boss suitable for operation.
He is short-sighted, far less persistent and determined than his father and brother's business, and just looking at his investment of $2.2 million to become the majority shareholder of Penguin, and selling it for $12 million just a year or two is enough to prove that he is only a speculator, but not a qualified entrepreneur.
With his 20% stake in Penguin, if he can hold the shares until 2017, it will be more than 600 billion Hong Kong dollars, which is more than the money his father Li Chaoren has earned in his life.
As for PCCW, it was dying by Li Xiaochao's several tosses, and before it was acquired, Heung Kong Telecom was still a giant company with a market value of more than 300 billion yuan.
But after being acquired by Li Xiaochao, Li Xiaochao only wanted to split it up and cash out, and spun off PCCW's business several times, starting from 2006, Li Xiaochao wanted to sell it almost every year, but every time he failed to do so.
If Li Xiaochao can settle down and make PCCW bigger with peace of mind, as long as he learns a few tricks from China Mobile and China Unicom in the future, with the monopoly position of PCCW in Xiangjiang, he will not get worse and worse.
Although Xiangjiang is a small place, it can't bear the large number of users!
Xiangjiang has a developed economy, everyone can use a mobile phone, PCCW has five or six million fixed users in Xiangjiang, it is not too easy to make money, but Li Xiaochao, a master who can only operate capital and does not know how to operate, is stunned to toss a large company with a market value of more than 300 billion yuan to only 30 billion.
If Lin Cheng buys Heung Kong Telecom, he doesn't need to make any changes, as long as he learns the tricks of China Mobile and China Unicom in the future, he can make a lot of money lying down.
It is not too easy to make money by mastering all the telecommunications business in an economically developed region, as long as he operates patiently, Lin Cheng has another large company with a market value of hundreds of billions.
Think about it, in 2008, the Mexican telecommunications giant Carlos Slim defeated Bill Gates to the top of the Forbes rich list in 2008, and you can imagine how profitable it is to do telecommunications.
In Lin Cheng's opinion, Li Xiaochao is simply holding a golden rice bowl and asking for rice, which is stupid!
After talking about Xiangjiang Telecom, it is much easier for Lin Cheng to acquire MediaTek Electronics, which was established in May this year and is a company specializing in integrated circuits.
Speaking of MediaTek, many people are confused, saying what kind of company is this, I haven't heard of it, and it can't be compared with large companies such as Foxconn and HTC.
As long as Kinima talks about copycat machines, everyone in China knows about it.
And the copycat machine that once swept the whole of China is based on MediaTek's X20 chip.
X20 chip is the core part of the copycat machine,X20 has the following three characteristics,One is cheap;The second is convenient,X20 chip as long as you buy a shell and paste a card,You can make a mobile phone to sell;The third is that the function is passable,The basic application can be satisfied,It also has the functions of smart phones in the early years。
Since 2004, when the government released the policy of issuing mobile phone licenses, MediaTek's X20 chip came into being and became an incubator for the copycat market.
As long as the mobile phone manufacturers in later generations buy MediaTek chips, no matter what kind of mobile phone can be made, the copycat function is also super comprehensive, what a large screen, photo camera, MP3/MP4 multimedia playback, and even high-end GPS navigation function, as long as the copycat machine comes out, these are not a problem.
At the beginning of the new century, due to the technological monopoly of foreign mobile phone manufacturers, no matter what brand of mobile phone they were, they could sell it at a high price of more than 1,000 yuan, even if it was a mobile phone that had been eliminated from generation to generation.
However, as soon as the copycat machine came out, the high luxury of the mobile phone was suddenly played into the price of cabbage, and the low price became the strongest killer feature for the copycat machine to compete with big-name manufacturers.
It is because of the copycat machine that those big foreign manufacturers such as Nokia, Motorola, Siemens, and Samsung have been forced to lower their noble heads and greatly reduce the price of mobile phones.
In later generations, many media, with the support of European and American fathers, wantonly derogated the copycat machine, magnified the shortcomings of the copycat machine, and narrowed the advantages of the copycat machine.
Fortunately, the common people absolutely love the copycat machine! If there is no copycat machine, domestic mobile phone users do not know how long they will be pitted by foreign manufacturers.
Since the MediaTek X20 chip is so awesome, Lin Cheng, who has long wanted to enter the mobile phone market, naturally wants to take it down.
As long as BBK applies for a mobile phone license issued by the Ministry of Industry and Information Technology, and MediaTek develops the X20 chip in advance, BBK can copy the miracle of OPPO and vivo, and press foreign mobile phone manufacturers to the ground for more than ten years in advance.
As for Daewoo Motors, Lin Cheng remembers very well that because of the impact of the Asian financial crisis, Daewoo Motors has been hovering on the verge of bankruptcy since 1999 until it was acquired by the United States Imperialism General Motors in 2000.
Compared with Hyundai Motor, Daewoo Auto can be described as untimely, if they can survive the financial crisis and ride the economic development of Chinese mainland, they are likely to become as good as Hyundai Motor.
But all this is just if, it only lasts until 2000, and it can no longer be sustained.
In fact, Daewoo Motors, as the second largest automobile manufacturer in South Korea after Hyundai Motor, its technical strength is definitely ahead of Chinese mainland by an era, if Lin Cheng can take Daewoo Automobile before GM, whether it is for the country and the people, or for Lin Cheng himself, it is a great thing to benefit the present generation.
In particular, it will have an immeasurable role in boosting national pride and national self-confidence.