Age of Dreams
Chapter 2000 Salted Fish Revival
On September 15, after persisting for three more days, Merrill Lynch finally couldn't hold on. Bank of America issued a statement to acquire the third largest investment bank in the United States with nearly 50 billion US dollars in cash and assets.
As a result, Bank of America became the largest commercial bank in the United States and the largest securities company in the world.
Merrill Lynch, as an established investment bank, has since disappeared.
But compared to Lehman Brothers, their luck is already very good. At least there is no problem with the corporate structure, people's jobs are kept, and the debts are also repayable.
The two investment banks fell like this, and everyone's attention was focused on another Citibank, which suffered serious losses.
In people's eyes, Citibank's losses are really too serious. Since last year, it has lost tens of billions of dollars, which is definitely an unbearable burden for ordinary banks.
That is to say, Citibank has a solid foundation, so it didn't go bankrupt immediately, but now that the subprime debt crisis is violently turbulent, Citibank seems to have no reason to keep it going.
But two days after the weekend, Citibank announced a big news with great fanfare.
Jabil, the executive vice president of Citibank, announced that Citibank has reached an agreement with Fairy Company. Citibank will invest 15 billion US dollars to purchase 5% of the shares of Dream Stars. Citibank has thus become the second Dream Stars star besides Xiao Qi. shareholder!
At the same time, Citibank also released a report. It is estimated that in the remaining three months of this year, Citibank will receive a net profit dividend of 350 million US dollars from Dream Stars! It is expected to receive a dividend of 1.8 billion US dollars next year!
As soon as this news came out, the financial industry around the world was shocked!
Rao knows the data of Citibank, maybe there is some water in it, but with such a huge profit, and such a big golden baby, Citibank has become the focus of everyone's envy since then!
The three major rating agencies, which have received some benefits and occupy the shares of some of Citibank's subsidiaries, took advantage of the trend and raised Citibank's credit rating.
This is also the first time that Citibank, which has been downgraded three times in the past year, has stopped falling and rebounded. And it is rated as a "cautiously recommended to hold" company.
Professionals think so, let alone ordinary people.
How lucrative Xiao Qi's Dream Pad and Dream Stars are. As long as a person knows.
Just look at the Fairy directly-operated store that has never been in stock, and you will know what is the most popular top smart electronic product in the world.
Dream Pad is a bit better, after all, the smart tablet market is only that big, and 20% of the shares have already been distributed.
But Dream Stars is different. Since its listing at the end of last year, it has been held by Xiao Qi alone. It is so rich that countless people are jealous of the profits. Only Xiao Qi enjoys it.
Now Citibank can also share the dividends of Dream Stars, which means that Citibank has another very good asset.
Not only is the profit attractive, but the valuation of Dream Stars is also rising all the way.
When Dream Stars was just released last year, the valuation of Dream Stars exceeded 100 billion U.S. dollars. As Dream Stars defeated the challengers A1600 and N80, its valuation directly stood at 200 billion U.S. dollars.
Now according to Citibank’s purchase price estimate, the valuation of Dream Stars is as high as 300 billion U.S. dollars. It is definitely a great miracle for a smartphone brand to grow to the present level in 10 months!
But whether it is a professional or an ordinary person. No one thinks that 300 billion US dollars is the ultimate number of Dream Stars. How huge the smartphone market will be in the future, you can see how many people around you start using smartphones. As one of the two kings in the smart phone market, it is also the most fashionable endorsement product. Dream Stars will only become more and more popular in the future, and its valuation will also become higher and higher!
The value is constantly increasing, and the annual dividends are also extremely generous. It is absolutely not an exaggeration to describe the shares of such an unlisted company as a golden baby!
As the first Citibank to be able to buy shares in Dream Stars from Xiao Qi, it was as expected by the outside world that it was dubbed a "super visionary", "super capable", and "super executive" company.
For a moment, the aura of Dream Stars directly dispelled the shadow of bankruptcy hanging over Citibank. Citibank has shown the world the strength of an old multinational bank! !
When the market closed that day, Citibank's stock rose against the trend amidst the dismal situation. Soared 6.18%.
As the leading figure in promoting this acquisition, Jabil's vice president has become a star figure and frequently appears in various news pages.
Everyone is guessing how Jabil's vice president persuaded Xiao Qi, a stingy guy, to take out the shares of Dream Stars. You know, Xiao Qi didn't even think about selling the shares of Dream Pad.
But no matter what, Jabil's ability has been greatly praised-he can do things that even countless top financial institutions and investment companies cannot do. What is this ability?
It was even revealed by a TV station that the current president of Citibank will retire next year, and the vice president of Jabil, who has made great contributions, will take his place.
Leaving aside Citibank, which is showing signs of being revived, Xiao Qi's troubles have only just begun.
"I said Xiao Qi, you are too mean? We have been friends for so long, you said that I have not told you, when you sell Dream Stars shares, you must think of me? I have not only said it once I don’t care, I’ll call you the money tomorrow, and you must give me 2% of the shares!” said Oracle’s chairman Larry Ellison.
"Qi Shao, my father asked me to tell you that our family, the Zheng family, and Uncle Li's three families intend to each buy 1% of Dream Stars shares, and see if you can help them?" Li Xiaochao became his boss. Father's messenger.
"The Blackstone Group has always been your loyal friend, oddly enough, if you give us 5% of Dream Stars shares, the relationship between the Department of Commerce and Congress on the US side, we promise to clear it up for you, and we won't let others target you! "Swarzman, executive president of Blackstone Group, said this.
"Qi Shao, Mr. Buffett asked me to ask you, can he also take part in the sale of Dream Stars this time?" Tong Wencong said cheekily.
"Xiao Qi, I really don't have much money now, but I can still afford 1% of Dream Stars shares. You know I have a son and a daughter. It's not good to only give the shares of Dream Pad to my son. I still need Give the shares of Dream Stars to my daughter!" Richard Branson said with a deadpan face.
"Qi Shao, we have always cooperated happily. LVMH wants to pass on this friendship more firmly. If you want to continue to sell the shares of Dream Stars, no matter how much, please give me a word!" France's richest man Berard Said very domineeringly.
"..."
Many, many friendly people like this called Xiao Qi, expressing their eagerness to join the Dream Stars wealth sharing.
The valuation of Dream Stars at 300 billion US dollars seems to be a sky-high price now, but considering that the development of the entire smartphone industry is already an inevitable rise, according to Dream Stars leading the fashion, according to the research and development capabilities of Fairy Company, Xiao Qi's No matter how talented the sky is, this investment is still very valuable.
Because the development potential of Dream Stars is greater than that of Dream Pad, and the market will be larger, Xiao Qi is not going to sell the shares according to the 5% share this time.
It's not that others don't have that much money to buy it, but that Xiao Qi can unite more people.
This time Xiao Qi was going to give a share, they couldn't even imagine how much it would be.
30%!
It's not that Xiao Qi is very stupid, Dream Stars makes so much money, why would it be foolish to distribute it to others?
It is because Dream Stars is too profitable and has too much influence on the smartphone industry, so Xiao Qi can't be the champion, and can only be shared by everyone.
Otherwise, although the buns are delicious, your stomach is not that big, and you will suffer from it if you are full.
Seeing other people making money, everyone will be more or less envious and jealous, but occupying it alone and making money with a group of people are two different concepts.
Especially if many giants from developed countries are involved, then it is not easy for developed countries to formulate restrictions on Dream Stars. After all, they also have a share of the profits here.
Even if there are no giants involved in some countries, the power of the combination of the dozen or so giants and the super rich makes them dare not act rashly.
If it were Xiao Qi alone, the situation would not be so optimistic.
In particular, the higher the Dream Stars market share and the more profits it earns, the greater the possibility of being restricted.
So taking advantage of this opportunity, Xiao Qi took advantage of the opportunity to share a part of Dream Stars shares, not only to maintain the rapid development of Dream Stars, but also to unite more forces to stand by his side and escort the entire Fairy Company. (to be continued ~^~)
PS: Chapter 2000! It's not easy, brothers, please continue to support us! !
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