Daniel's news about China goes far beyond the establishment of DD China.

DD Pictures' entry into China and the establishment of a joint venture company are just a test of the waters of Hollywood films, and it is not a big move in the overall environment. However, Plutos Investment Co., Ltd. spent $1.3 billion to acquire 15% of Tencent's shares from Nasdaq Bay's MIH from South Africa's Nasdaq and other major shareholders of Tencent, in addition, Plutos also invested $40 million to cooperate with New to launch a Chinese version of MB, of course, Plutos does not have a controlling stake, and today MB has extensive influence, it is impossible for the Chinese government to allow an American company to control a Chinese social network, and, for Plutos, Disproportionate participation in the closed Chinese Internet will also be criticized in the U.S. market. Some people would see this as a way to encourage China's regulation of the Internet.

This series of big and small actions in China is very eye-catching, and it takes place intensively before and after Daniel is crowned emperor again at the Oscars.

Even Wall Street and Washington have inevitably been distracted by the Hollywood trend.

The Wall Street Journal in Daniel finished James. Within two days of Cameron's gathering of information, an observational commentary was published on his subject.

Daniel is a frequent visitor to the financial sector, whether it is he being revealed to be the boss after MB and F2F, or DD Pictures acquiring MGM, these things are big events in the financial world. As a result, he landed in the Wall Street Journal, and the headlines of the Financial Times are nothing new.

But this time is different.

Instead of focusing on Daniel's actions in China, the Wall Street Journal focused on the work that Raymond had been doing for a long time.

"Today, we are discussing the issue from Daniel. Sandler – yes, yes, it's the finance section, not the entertainment section. We shouldn't be surprised by that. Daniel has long been a big man in the business world. But the actions of this big man in recent times are quite puzzling, and if we try to analyze them deeply, you will feel a certain degree of astonishment.

In the past month, Plutos has invested heavily in China's Internet, which is closed. It's a very different world from the United States, but Daniel seems to be undaunted, and he has spent billions of dollars into a Chinese Internet company - Tencent, which is listed in Hong Kong, which owns the most popular instant chat tool in China, just like MSN in the United States, and Plutos has a 15% stake in the company, which is almost the second largest shareholder, of course, he has no control over the company, in China. The founders of these companies are always trying to control the company, and the same is true of Tencent's team, and basically, for Plutos, this may be included in their global Internet industry layout, but it is not a specific intervention in a specific industry. The reward they can get, or try to get, should be the return on investment that comes with Tencent's share price rising – if that's exactly what Daniel thinks.

Besides. Daniel also invested in a Chinese internet portal and co-founded a Chinese MB. As if to avoid moral pressure at home, Daniel relinquished control of the new company. Of course, according to China's complex legal provisions, foreign capital is not allowed to directly enter network service companies, so the cooperation between Newlang and Plutos was a complex work that lasted for nearly eight months. The cooperation is not a direct injection of shares. But, even so, Plutos's 'resignation' came as a surprise, and they could have done more if they wanted to. The largest shareholder of NEW, which is listed on the NASDAQ, is BlackRock Group of the United States, of course, in terms of capital. So it's not impossible for Plutos to think about.

However, underneath this series of actions is the rapid contraction of Plutos in the markets of developed countries. According to the research of our experts, this action of Plutos may have lasted for several months, or even more than a year. Unlike the previous large-scale investment in LinkedIn, MySpace, youtube and other Internet companies, Plutos has recently disposed of a considerable number of assets in various fields, as an investment company, Plutos has strong strength, in the financial stock market and the real economy in the past few years, there have been a large number of shots. The recent actions have allowed them to quickly withdraw a large amount of money, while at the same time, Plutos's loan debt ratio remains high.

To put it simply, Plutos is collecting money from his family and saving it for no investment, even at the cost of bank interest rates – an unusual decision for an investment company.

Cash flow is maintained either for large-scale acquisitions or to protect against risk. As an unlisted company, Plutos did not disclose its purpose. However, judging from various sources, Plutos has not made significant investments recently, so it can be speculated that it should be the second reason.

The risk of default in the subprime mortgage market has been in the spotlight lately, with Lehman Brothers and Merrill Lynch, as well as the two houses, under considerable pressure – but not so severe as to warrant such drastic and costly action by Plutos.

……”

The Wall Street Journal report brings to light the work that Plutos has been doing in a low-key manner.

The wind of the subprime mortgage crisis has been blowing, but not many people have realized that it will develop into a global financial crisis.

Plutos's actions are somewhat incomprehensible.

In the wake of this report, Plutos took an even more drastic move by selling its stake in MB, its only publicly traded company, to Blackstone Investments and BlackRock, thus ceding its controlling position in MB for nearly $4 billion — a stake in MB's record high. It still holds a 30% stake in MB, in line with its stake in some other social media companies.

In addition to being wholly owned by F2F, Plutos has thoroughly positioned itself as an investment rather than an operating company.

But that's not the point of focus, the point is that this series of agreements, by the end of this year, when the funds are in place, will amass tens of billions of dollars in cash flow -- and the burden it will put on Protos is terrible.

"What the hell is Plutus thinking? Or rather, what was the young man who had just won the Oscar thinking? (To be continued.) )