A mere 200 million US dollars

Author: Linjiangxian

A mere 200 million US dollars

Xu DaDa was so excited by Jin Mai's words that he said, "Is it true? The top ten richest people, that's amazing. Is it true? You won't lie to me, right?"

Jinmai said swornly: "How could I lie to you? Just lie to you that I am a puppy."

Seeing Xu Bingdao's expression, Jin Mai and Wang Xiujie were overjoyed.

As long as Xu makes a bold decision and the deal is done, they can sit back and relax.

Two hundred million U.S. dollars. If they buy all the shares of Zhalang, they might be able to raise Zhalang's share price, and then they can take advantage of the trend and sell it at a high level. Not only will they not lose money, but they can also make a profit.

Xu DaDa looked excited, but in the end he felt that his IQ had reached a high point, and he said hesitantly: "But, I remember that the richest man, Lu, said that he is not optimistic about this thing like you."

Seeing that things were about to succeed, Jin Mai and Wang Xiujie did not want to fall short. After cursing Lu Yiming in his heart, Wang Xiujie said: "The richest man Lu and Wang Zhidong, the founder of Zhalang, have a personal grudge. Many people know about this."

, so this is just an angry statement from the richest man. It is normal for young people to speak with some subjective emotions. Think about it, this project can be listed in the United States, how can there be any problems? "

Seeing the two people talking so extravagantly, Xu Dangdang was full of curses in his heart.

Sure enough, these financial people are all dirty!

It’s not a problem. If it’s not a problem, why are you so anxious to sell it? Could it be that I, the Buddha, am merciful and benefit mankind?

But I, the Buddha, am not able to overcome poverty.

For a time, Xu DaDa felt that he had lost interest in stock trading.

You think you are smart, brave, and a financial expert who buys low and sells high. In fact, everything is in the hands of the bankers, and retail investors are just tools.

In 1998, domestic news channels were still scarce. The gradual rise of the Internet doubled the number of people accessing information online. It was also at that time that domestic portals sprung up like mushrooms after a rain.

Zha Lang is one of them.

Zhalang, which owns the largest overseas Chinese information website, has unique advantages.

As France hosted the World Cup in 1998, fans across the country were looking forward to having a platform and channel to easily obtain real-time information.

Wang Zhidong discovered this.

So before the start of the World Cup, many teams' exclusive communities had appeared on Zhalang.com for fans to discuss.

Not only that, after the World Cup started, Zhalang updated information continuously, pioneering the 24-hour live broadcast of football matches.

Even though there is no live video broadcast, the live text broadcast is still enjoyable for millions of fans.

Zhalang burst into flames.

Relying on its outstanding performance during the World Cup in France, it won the title of the first football news station in Xiaguo.

It also drove the popularity of Zhalang.com portal.

After tasting the sweetness of the World Cup, Wang Zhidong successively occupied the limelight in reporting on major events such as the Kosovo War, the Taiwan Earthquake, China's entry into the WTO, and the Sydney Olympics.

When it came to Chinese portals, Ding Lei’s NetEase was probably slightly inferior.

It was the great success on the portal that allowed capital to see Zhalang’s prospects.

In March 1999, Zhalang received an investment of US$30 million. Six months later, it received another US$60 million in financing.

When Zhalang was killing people, the Internet bubble came, and many Internet companies went bankrupt.

However, Wang Zhidong led Zha Lang to the top again.

On April 13, 2000, when the Internet bubble was at its peak, Wang Zhidong adopted a spin-off method and used the "VIE" model to successfully list Zhalang on Nasdaq, breaking the bottleneck of overseas financing for domestic companies.

The "VIE" mode will also be called the scum wave mode in the future.

The full name of VIE is VariableInterestEntities, which is translated as variable interest entity, also known as "agreement control".

Its essence is a way for domestic entities to achieve overseas listing. It means that the overseas listed entity is separated from the domestic operating entity. The overseas listed entity establishes a wholly-owned subsidiary in the country, and the wholly-owned subsidiary does not actually carry out its main business.

Instead, it controls the business and finance of the domestic operating entity through an agreement, making the operating entity a variable interest entity of the listed entity.

The main purpose of domestic entities adopting the VIE method to list overseas is to circumvent domestic laws and regulations on the proportion of foreign investment in specific industries and to maximize financing.

The listing of Zhalang was Wang Zhidong's highlight moment. He was so proud that he was so proud of himself. Wang Zhidong did not realize at the time that his success was the result of the times, not just his personal efforts.

The most important thing is that he met Lu Yiming.

In later generations, Lu Yiming, from the perspective of a humble citizen, despised Zhalang very much. He would instigate confrontation, provoke conflicts, and do whatever it takes to gain traffic. Many of his comments were offensive. Lu Yiming thought more than once, why the country has not banned Zhalang.

, every person in this company was shot to death on charges of "spreading rumours" and "picking quarrels and provoking trouble".

But obviously this is impossible.

Now, after being reborn and meeting the weakest Zhalang, Lu Yiming, who has a lot of wealth in his hands, how can he tolerate Zhalang to follow the previous route?

Just at this time, the ignorant Wang Zhidong got drunk on Lu Yiming again. Lu Yiming naturally took advantage of the situation and strangled Zhalang in the cradle.

Wang Zhidong has actually been thinking about this issue recently.

Although he passed the blame to Cao Guowei, he knew better than anyone why Lu Yiming targeted Zha Lang.

At Zhalang Headquarters, he thought hard and couldn't sleep at night.

Seeing the bad news coming one after another, Wang Zhidong felt very depressed, and the person who caused him so much trouble was his "fellow from Guangdong Province", Lu Yiming, the richest man in Xia State.

Wang Zhidong turned to look at the man next to him and asked: "Old Jiang, do you think I did something wrong this time?"

He challenged Lu Yiming not only because he was inflated, but also because Lu Yiming was the most talked-about person, and stepping on Lu Yiming's position would bring huge traffic to Zhalang.

But I didn't expect that Lu Yiming was not a good person, and he didn't talk nonsense to him. He directly shorted Zhalang, and even took action now and wiped out Zhalang.

Jiang Fengnian is the chairman of Zhalang and is from Taiwan. Although he is ten years older than Wang Zhidong, the two are good friends who talk about everything on the Internet, and Jiang Fengnian's status within Zhalang is not high.

Generally speaking, it can be said that without him, Zhalang would not be what it is today.

Wang Zhidong still attaches great importance to Jiang Fengnian's attitude.

Jiang Fengnian also had a dull look on his face. He did not blame Wang Zhidong, but sighed and said: "I understand your thoughts, but you really chose the wrong person. You shouldn't provoke Lu Yiming, he is so young.

He killed the youngest richest man in the Mainland, how could such a person have no temper?"

According to the logic of normal people, they would not spend hundreds of millions of dollars and risk losing money just to vent their anger, but that's what Lu Yiming did.

Wang Zhidong, who had never expected this, finally realized how stupid he was to provoke such a ruthless person. Lu Yiming's acting style is too sharp. You can say that he is young and energetic, but not arrogant.

Are you still called a young person?

Wang Zhidong asked himself, if he became the richest man at the age of twenty, he would probably be even richer than Lu Yiming.

But now that the matter has come to this, there is no use in talking about it anymore.

Wang Zhidong regretted so much that he just wanted to slap himself in the mouth.

Unknowingly, the time came to seven o'clock in the evening, which is the time when the financial channel broadcasts the "Finance Today" news.

This is Wang Zhidong’s must-watch program every day.

At this time, the TV set hanging on the wall had already started broadcasting the program.

However, the first piece of news almost shocked his jaw.

What was reported on the news program was the news of changes in Zhalang’s equity!

Lu Yiming took advantage of Xu DaDa and devised a stratagem to conceal the truth and bought 18% of Zhalang's shares from Joe Bert at a very low price.

Because Zhalang is a listed company, when it holds more than 5% of the shares, it has to raise its name, and its identity cannot be concealed at all.

And Lu Yiming didn't need to hide, he just wanted to tell everyone that he was here.

On the TV screen, a group of reporters surrounded Lu Yiming, who had just walked out of the Securities Building.

A reporter asked: "Mr. Lu, what are you planning to do when you buy Zhalang? You were shorting Zhalang's stock price and you were betting against the portal. Are you planning to buy Zhalang now?"

Lu Yiming said with a smile: "I still say what I said, the portal has no future. My purchase of Zhalang is more of a personal grudge."

Obviously, the reporter's question was misleading. If Lu Yiming followed the reporter's words, it would be tantamount to admitting that he was playing tricks. Although this kind of thing is not illegal, it would also damage his image.

However, Lu Yiming's answer gave reporters an unexpected answer.

Gratitude and resentment are obviously more topical than intrigues in the business world.

A reporter asked: "Mr. Lu, what are you going to do with Zhalang after you buy it? This is a listed company with a market value of nearly 10 billion. Is it possible that you really want to destroy it yourself?"

Lu Yiming sneered and asked, "What? Isn't it possible?"

The reporter was shocked by Lu Yiming's laughter, and his voice became much softer: "But wouldn't the money you spent to buy the shares be wasted?"

Lu Yiming said lightly: "It's only a few hundred million US dollars, which is nothing to mention."

Such a domineering and revealing speech directly shocked the reporters present with internal injuries.

This is the best explanation of having money and being willful.

Hundreds of millions of dollars, still nothing?

At this time, Zhang Chaoyang and Ding Sanshi, who were also watching the news, shuddered inexplicably, obviously frightened by Lu Yiming's "arrogance".

Their companies, Sohu and NetEase, are also preparing to go public in the United States in the next few months.
To be continued...