Huayin is not in a hurry to take the final acquisition battle against Vanke for many reasons, such as Yongtai Group's PX project, Fuxin Group's Jinshajiang No. 1 Treasury eighth-level financing business, and the ambush against Yan Xiaoqun, which require no small amount of funds. Pen @ fun @ pavilion wWw. ｂｉｑUｇE。 ｉｎｆｏ

The real reason is that the real estate is overheated, and the central bank may introduce a large-scale policy next year to continue to lock in the monetary system and squeeze the real estate bubble, which will be a heavy blow to the stock prices of Vanke and other listed real estate companies.

Therefore, Huayin is roughly scheduled to fully acquire Vanke around April 2005, and the two-year cycle in the middle repeatedly manipulates Vanke's stock price, slowly absorbing chips, and not giving China Resources and Vanke any chance to fight back.

As a result, Vanke discovered the problem in advance.

Vanke's equity is very dispersed, the number of shareholders has decreased sharply in the past six months, and Vanke's stock price has been fluctuating sharply.

The amplitude and strength of this shock were too strong, and the small bookmakers couldn't do it, and China Resources tried to stabilize the market, but it was actually shorted once.

This one is short.

Vanke knew who was sitting in the bank.

"Slot machine" Ding Fugen and "fast knife hand" Zhang Yanling, the year before last, just killed Delong's blood for 3,000 miles, from the death of the dealer to the retail investor, the market value of tens of billions evaporated in half a month, it is said that Ding Fugen made a profit of more than 400 million in this battle alone.

Vanke's Mr. Yu said that the Xu family's money is dirty, and it is not unreasonable, sitting in the bank, selling fake drugs, opening hospitals, opening casinos, and evading taxes.

Mr. Xu made a profit of billions in just five years, so he could gather 700 million US dollars at the end of 98, go to speculate on NASDAQ technology stocks, turn back and then sit in domestic technology stocks, and return to the bottom of NASDAQ, and finally made a value of 20 billion US dollars in 2003.

Without the crazy accumulation of wealth in those five years, there would be no strong transformation later.

To this extent.

Mr. Yu was inconvenient to turn his face with Xu Teng, so he still said a few polite words before leaving, thanked Xu Teng for his hospitality, and left the campus of Yangtze University with two deputies.

He took a Mercedes-Benz to Ningzhou, because Wang Yan, chairman of Vanke, and Song Lin, chairman of China Resources, were both in Ningzhou, saying that they were here to inspect Ningzhou's investment environment, but they were actually waiting for news.

If the Xu family can take the initiative to withdraw from the army, the two chairmen are ready to visit Xu Teng in person, which can be regarded as giving the Xu family a little face and saying thank you.

If the Xu family doesn't retreat, then there is no need to meet, China Resources has to find a way to raise funds to increase its chips, and it will be too late if it doesn't make a move.

Wang Yan has no money himself, and the shares in his hand are worth about 70 million, that's all.

It doesn't matter, Wang Yan has a reputation and connections, as long as Wang Yan stands up to accuse the Xu family and exposes the Xu family's old background, the Xu family will become the target of Wanfu's accusations.

If you really want to do this, it will hurt the face of others, and it will not be good for both parties.

Wang Yan didn't want to come to this point, it was embarrassing.

On the way back, Yu Liang sent a text message to the two chairmen, telling them that the Xu family did not plan to retreat easily, and the current situation was very tricky, Vanke's market value was less than 30 billion, and Xu could swallow it alive with his hands.

Although Xu Teng doesn't have that much cash, it doesn't matter, Xu Teng has shares, and there is no problem in mortgaging the shares to Huaxia Bank and Fuxin Bank, and taking out 20 billion in cash.

In the end, if Xu Teng made a move, Vanke would be embarrassed, accusing other people's parents of making money and blood, what does it have to do with Xu Teng?

They think too much.

Xu Teng doesn't have to worry about these things at all, what is his Huateng department responsible for, what is Mr. Xu's Huayin department responsible for, this year's second annual meeting has been made clear, he only cares about high-tech industries, chips, new energy, automobiles, these handsome scripts.

In the end, his Huateng real estate is mainly based on high-tech added value and integrated into the concept of smart city.

Of course, the panel and chemical industries, two industries that require large-scale capital input, Xu Teng has to let Xian, he really can't carry it, and the capital strength is still far inferior to Lao Xu.

It happened that Mei Jiali and Xia Li were both at school, Xu Teng sent Yu Liang away, and accompanied the goddess Shuangli to have a candlelight dinner in the staff canteen, and sent Xia Li home on time at 18 o'clock, and he and Mei Jiali went to the Yangtze River Science and Technology Building for a meeting.

This time, Xu Teng plans to set up a Huateng Science Research Institute, first hire a few academicians, and then hold a symposium through the connections of these academicians to determine 10 to 15 high-tech industries suitable for Huateng Industrial Holding Group, and start a large-scale layout from 2004.

Xu Teng dares to do this now, the reason is simple, he now has surplus funds.

In the past, his Huateng department had two big players that devoured the flow of funds, one was Shenzhou Media Group, and the other was Yongtai Chemical, the former wanted to expand the digital cinema line on a large scale across the country, and the latter wanted to build PX on a large scale to increase investment in the field of fine chemicals and high-tech chemical materials.

Now, these two large households have been directly promoted to the Huayin system, and the Huayin system is responsible for the capital export.

In this way, Xu Teng and Mei Jiali have a surplus of funds and can focus on long-term investment and layout in the high-tech industry.

In the past two days, Xu Teng has been collecting and sorting out a large number of information on the development of international high-tech industries through various channels, and held a small-scale new technology industry investment seminar in the Yangtze River Science and Technology Building in the evening.

In addition to Xu Teng, Mei Jiali, Jiang Ningyuan, Nie Yuchun, Academician Wu and Luo Hongyan, there are also Xu Teng's chief assistant officer Yu Suyun, senior financial advisor Yang Jiachuan, and academician Zhu Yuxian, vice president of Yangtze University, and Tao Meixia, associate professor of the Institute of Wireless Communications of Yangtze University.

Ten people.

Associate Professor Tao Meixia explained the 25 highest-end scientific research key directions in the field of international industrial scientific research with a projector, which certainly excludes basic scientific research projects such as gravitational waves, but also includes controllable nuclear fusion research that Huateng Group absolutely cannot do.

Quantum computers are also difficult.

Quantum Communication, Intelligent Machinery, Artificial Intelligence, Graphene, Gene Sequencing and Instruments, 3D Printing...... These are the projects that Huateng Group can intervene in.

Xu Teng first set a tone, don't talk about the return on investment, this is off-topic, only talk about whether it can be done, how to do it, and how much capital can be invested every year, these three questions are the key.

This is a rare and good opportunity, and Academician Wu, Nie Yuchun, and Academician Zhu must seize the opportunity, and Xu Teng, who is required to raise funds, represent the three forces of communications, chips, and bioengineering, respectively.

Tao Meixia spoke for half an hour, and the two academicians and Nie Yuchun took turns to express their opinions.

Xu Teng and the others are just responsible for listening, and the specific black technology fields to invest in will be discussed slowly for the time being.

When it was finally Academician Zhu's turn, the other party had just said a few words, analyzing several points of gene sequencing and biological enzyme industrialization, which was basically like a book from heaven, Xu Teng was dizzy when he listened, Han Dai quietly entered the conference room, handed Xu Teng's official mobile phone to him, and reminded Xu Teng, "The news from China Resources." ”

Xu Teng took the Motorola A760 mobile phone and clicked on the communication record and text message box with an electronic pen.

Chairman Song Lin of China Resources personally called, and the call was very short, probably knowing that Xu Teng was in a meeting, so he resent a text message and asked Han Dai to send it over.

"Chairman Xu is a leading figure in the domestic IT industry, young and promising, and speaks up for state-owned capital, which Song admires very much, but on the issue of Vanke Group's holding, I hope that Chairman Xu will be cautious in his words and deeds, and raise his noble hand. Song Lin didn't rush to tear his face, he probably didn't know how much capital flow the Xu family had, and if the result of the tearing war was that China Resources Group suffered heavy losses, he would not be able to deal with it.

Of course, this is the worst-case scenario he predicts, and in general, he is more confident in the size of China Resources Group's capital.

Xu Teng didn't understand what Academician Zhu was talking about anyway, so he simply thought for a moment and sent a text message back to Chairman Song Lin, "What is your controlling ratio in Vanke? Can you have absolute control, can you make a tender offer?"

"Is Chairman Xu insisting on acquiring Vanke?" Song Lin's reply was very short, with a hint of tearing his face.

"Business is always business, you make an offer. Xu Teng's reply was also very simple.

"Priceless. Song Lin was a little embarrassed, Vanke's Chairman Wang was opposite him, he couldn't betray Vanke Wang in person.

Obviously, at the level of China Resources, there is no need for Vanke to provide positive influence, so I think it is obviously more in line with the interests of China Resources to transfer its shares at a high price and use the funds from the transfer of Vanke shares to directly invest in real estate operations. If China Resources is interested, we can exchange chips with PetroChina or other U.S. stock securities. Xu Teng actually plans to trade the remaining eBay shares.

It's $62 per share, and if you don't throw it away, Xu Teng is worried that it will be smashed in his hands, he also posted with Xu a few days ago, and now he can get rid of this part of the outstanding shares, and he can roughly exchange it for 400 million US dollars.

Mr. Xu's mother opened a position on the NASDAQ in October 2001, and took the opportunity to absorb all kinds of high-tech, and the average price of eBay was $12 a share, and the main position price was about $8, and later absorbed a part of it at about $15.

After the A-share high-tech bubble burst in 2001, they invested most of their funds in the NASDAQ, and then pledged their securities to Hong Kong and Macau consortiums and Huaxia Bank to invest in casinos, medical care and real estate in the mainland.

Facts have proved that to dump the NASDAQ, the first thing to find is to find a European consortium, followed by a new consortium from Japan and South Korea, all of which are old American doglegs, eBay is currently at this price, and only a few South Korean investment banks and Temasek are really willing to take over, as well as a French private investment bank.

If China Resources is willing to take over, that's not bad.

Another possibility is that Huayin intends to let eBay buy back this part of the shares, after all, they smashed it directly on the stock market, and eBay lost more than $400 million in market value.

"China Resources currently has no intention of investing in overvalued U.S. stocks, and its investment in Vanke is long-term, so I hope you don't make a mistake. The "you" that Song Lin said was to tie Xu Teng and Mr. Xu together to warn.

"I am not misjudged, but I just remind you that Vanke has no practical significance to China Resources, and I can buy Vanke shares held by China Resources at a premium of 25%. Xu Teng simply represented Huayin and opened the price.

If China Resources withdraws now, this acquisition war will basically end early.

Soon.

Xu Teng received a new text message, not Song Lin's number, and at this moment, he realized that Song Lin and Wang Yi were together.

"I am Wang Yan of Vanke, first of all, I would like to express my attitude, I am personally very grateful to Huateng for the appreciation of Vanke Group, if it is Tencent, or Huateng, and Fuxin Bank want to invest in Vanke for a long time, Vanke will be very sincere to welcome. However, this does not mean that Vanke will succumb to any capital, and Vanke will never welcome any illegal capital to become a shareholder, never welcome such an institution to become a director of Vanke, and never welcome such an institution to become a major shareholder of Vanke. ”

"I believe that as the chairman of Tencent Group, you can understand the feelings of Vanke's senior management and board of directors!" Wang Yan sent two text messages in a row, not in a hurry to scold, one to say one, two to say, and resolutely will not tolerate Mr. Xu's acquisition of Vanke.

"I know, it's a meeting, I will tell Mr. Xu about your thoughts, let him be cautious. However, I still want to say, you think you know everything, in fact, you-know-nothing!" Xu Teng said very vaguely, and returned the official mobile phone to Han Dai, signaling that she didn't have to communicate with the other party anymore.

Vanke?

Xu Teng shrugged, didn't pay much attention to it for the time being, and continued to listen to Academician Zhu's heavenly book.

The next step is to establish the Huateng Institute of Science and Technology, and Yangtze University, Jiangzhou University of Technology, Jianghuai University of Science and Technology and other universities to engage in the combination of production and research, Huateng funding, university personnel, the establishment of a joint venture research institute, or a joint venture research in a certain field and a project.

In the next step, next year will be officially in the fields of intelligent machinery, new energy, bioengineering, genes, chips, etc., and large-scale investment in industrialization.

It is obviously the most convenient means to use capital operation to merge and acquire foreign related enterprises.

The meeting lasted until 10 p.m., which was basically beyond Xu Teng's working hours, and he was not in a hurry to leave the Yangtze River Science and Technology Building, the 24-story building that is the administrative and financial settlement headquarters of Tencent and Huateng Group in Jiangzhou, and will also be the location of the Huateng Science and Technology Research Institute.

The early autumn is cold, and the night is sultry.

Xu Teng asked people to push open the glass window of the conference room, let the cold wind overflow, sat at the conference table, crossed his legs on the table, drank a glass of Hennessy VSOP on ice, and thought quietly.

It's true.

He didn't understand the heavenly books of several academicians, all kinds of professional words, he understood every word, and he was completely dizzy when he connected it, no wonder Mr. Xu couldn't wait to throw these scripts to him.

He didn't understand it, and Mr. Xu estimated that he was even more dizzy.

Does Elon Musk understand?

Xu Teng estimates that this bastard doesn't know very well, anyway, it is a big era of impetuous capital, whoever is bullish enough and professional enough, who can trap more capital.

Mei Jiali did not leave in a hurry, standing in front of the glass wall looking down on Jiangzhou, also drinking a glass of Hennessy cognac, facing the late night autumn wind, swaying her hair slightly.

She and Xu Teng have different ideas, and are more willing to invest the current capital flow of the Huateng system in the eighth-level project of Jinshajiang No. 1 Library, but since Xu Teng has made a decision, she will always support her man.

"Come and sit. Xu Teng withdrew his legs from the conference table and motioned to Mei Jiali not to scare him by posing like she wanted to jump off the building, and to come to his side, and the little couple had a few drinks.

"Let's go upstairs. Mae Carrie unbuttoned her suit, smiling ambiguously and pointingly.

"Good idea. Xu Teng snapped his fingers, drank the cognac in the cup in one gulp, and hugged Mei Jiali who came over in his arms.

Half an hour later, the young couple took a Rolls-Royce Silver Angel and returned to the Emerald Lake Manor.

On the road.

Mei Jiali took out a delicate horn comb from her handbag, re-combed Xu Teng's messy hair, and asked Xu Teng, "Whose text message was just now?" She asked about Xu Teng's personal mobile phone.

"Li Daxiao. Xu Teng was texting back to the other party to discuss countermeasures.

There were many miscalculations between Vanke and China Resources, one of which was that Li Daxiao, chairman of Huaxia Financial, and Li Jinfen, chairman of Boan Capital, were solely responsible for the acquisition of Vanke.

Vanke Group is important to the more than 30 regional-level real estate companies under Boan Capital, but in the entire Huayin system, it is far inferior to the other secret projects that are in operation.

After the acquisition of MG Automobile, Mr. Xu has been in the United States, uniting two Chinese founders of Google and Pete Trier, the founder of PayPal, to establish Phoenix Capital APK Company in the United States, investing in Facebook, Flix and Tesla.

Comrade Xiaozha of Facebook is too simple, from the first and second angel investments founded, to the third venture capital now, all the people he has come into contact with are the various family trust funds of the old Xu family, and he has changed all kinds of tricks to cheat shares, from hundreds of thousands of US dollars, to millions, and now 14 million US dollars, all of which are the pocket money of the Xu family.

According to the plan, for Facebook's next financing, Xu Teng will go out in person, continue to change tricks, and catch a fat sheep to death.

This is a new way to make money, Mr. Xu's mother first holds half of the shares, and Xu Teng then acquires their shares at a high price through the listed capital of Tencent Group, and finally invests the capital into the Xu family's various family trust funds.

Tesla's investment, of course, is a quick decision, and the right time to cash out immediately, this thing is a high-end version of private fundraising, has been losing money, and can never be listed.

Huayin is the property of the Xu family, but it is not everything to the Xu family.

The Hsu Family Trust holds a core controlling position in the Bank of China and also uses these funds to diversify its stakes in Apple, Google, Amazon, PayPal, Flix and Facebook.

In addition to Apple, Google has a strong enough cash income, the others are purely high market capitalization, higher-end LeTV, more rational Tesla, more realistic space exploration technology companies, and the biggest advantage of diversifying holdings is that it is conducive to getting rid of it quickly, anyway, it is a game of drumming and passing flowers.

There is an absolute truth in the history of the rise and fall of network technology, that is, no company can last for a long time, and the moment when new technologies are born is the beginning of the decline of those old technologies.

In fact, these high-tech enterprises are just a bunch of leeks, cut one stubble and another stubble, if they don't cut this year, they will rot next year.

Because this is the era of the most rapid technological progress, and at the same time, it is also a great era of capital overflow, whether it is the dollar, the euro, or the RMB, in fact, it is just a pile of paper issued by the government.

As long as the capital is still rolling, more and more, new technologies, and new companies will continue to be born and replace the former.

The poor are not necessarily poorer, but the rich are necessarily richer.

One day, the dollar will become a pile of waste paper, and Wall Street, which once ruled the planet, will collapse and a new power will take its place.

This is a process of quantitative change to qualitative change, and it is by no means impossible.

This new force is called mixed ownership, not absolute public ownership, nor absolute private ownership.

This is a megatrend.

Whether it is state-owned capital or private capital, whether it is CITIC, Ping An, Everbright, or foreign consortiums, whether it is the Chaoshan business district, or those special people behind AB insurance, all capital is flowing towards China's financial industry, waiting for the day to come and take over the domination of the world.

2004 is the first year of this general trend, this year, China gave birth to hundreds of private equity funds, the birth of hundreds of private capital, foreign venture capital, the birth of dozens of joint-stock system, in fact, private insurance companies, the future will have more and more complex capital models, O2O, microcredit, campus loans, Yu Bao, WeChat financial management...... There are many kinds of patterns.

For an ordinary Chinese person who has no money, state capital is arrogant and ruthless, private capital is bloody greed, and there is never a good choice.

This night.

Xu Teng returned to his mansion by car, thinking about these things, he didn't know what Vanke Lao Wang and Chairman Song of China Resources were thinking, but he believed that these two were in the state of "you know nothing", thinking that it was great to control tens of billions of assets, but in fact, even the four major families in the Chaoshan business district were not as good, and others were desperately investing in insurance and microfinance, or they would have trillions of assets in hand in ten years.

Not to mention the Chaoshan business district, the two of them are not even as good as the Putian department, don't think that the Putian department only does medical treatment, Xu Teng also discovered this year that the other main business of the Putian department is to contract temples and Taoist temples, and the number is only a lot more than the private hospitals in the Putian department. (To be continued.) )