Video Game Empire
Chapter 282: LH Investment Fund
Thirty years later, Microsoft's market value will be $400 billion, Apple's $750 billion, TSMC's $120 billion, and Intel's $150 billion. Even at its peak, Nintendo's stock price once ranked second in Japan, reaching as high as $70 billion.
As for Li Xuan's Dongfang System Software, Dongfang Application Software, Aikang Computer, Dongfang Semiconductor, Dongfang Research Institute, and Dongfang Games, as long as a few can grow smoothly, Li Xuan's future wealth will exceed 100 billion US dollars, just like playing games. as simple as that.
If each of these companies is very successful, then his wealth of hundreds of billions of dollars is not a dream at all. At that time, Li Xuan was really rich. In the newly released 2013 global GDP rankings before his rebirth, there were only 50 countries with a GDP exceeding US$200 billion. What's more, Li Xuan will definitely not miss the Internet era and the era of smart phones after the computer era.
You have tens of billions of dollars and may be sought after. But if you have hundreds of billions of dollars, it may cause some people to be uneasy, after all, the power that so much money can leverage is too great!
But Li Xuan can't let himself deliberately not make money because of some possible hostility in the future! The best way is to transfer some assets to the dark. In this way, even if someone strikes at him because of jealousy in the future, he will have enough capital to fight back and make a comeback.
Therefore, Li Xuan deliberately set up a personal investment fund to use part of his assets to invest in companies other than the Oriental Group. The first phase of capital is 300 million US dollars, which is cash drawn by Li Xuan from various subsidiaries of Dongfang Group.
In the past, due to the abundant cash flow of Dongfang Electronics Co., Ltd. Li Xuan rarely borrows bank loans. The billions of Hong Kong dollar unsecured credit lines provided by Standard Chartered Bank and HSBC were all wasted by him. Make other Hong Kong bosses envious to death.
Li Xuan's long-standing concept is that he is free from debt and does not need to act according to other people's colors. But this kind of small peasant thinking has been criticized many times by other senior executives of the company. Borrowing money to make money is the kingly way of business management.
Therefore, Li Xuan simply took out part of the cash in the group and used it for other investments himself. Anyway, if the company has capital needs, it can borrow from the bank at any time. For high-quality customers like Dongfang Electronics, banks can't ask for money as long as you are willing to borrow money.
In addition, Li Xuan has made an advance declaration to the London Stock Exchange and is ready to do so within the next 12 months. Reduce the holdings of the shares of Aikang Company at hand, from the current 60% to 51%.
Among the top ten shareholders of Aikang's shareholding, except for Li Xuan, who occupies an absolute controlling position, the other shareholders' shareholding is only 3.15%, which will not pose any threat to Li Xuan's control of Aikang. .
In fact, this is the norm in the European and American securities markets. The equity of most companies is very scattered. If a major shareholder can hold 20%-30% of a company. enough to control the board. Ikon's stock is very popular in the London Stock Exchange, which also causes the external free-floating equity to be very scattered.
Even if Li Xuan reduces his shareholding to 40%, it is enough for him to firmly control the board of directors of Aikang. But for the sake of insurance, Li Xuan decided to reduce his holdings to 51% first. After all, the reduction of major shareholders' holdings is a very sensitive news for the market. On the other hand, Ikon's plate is still too small. The total share capital is only two or three billion pounds. If Li Xuan gives up his absolute control too early, it will easily attract the peeps of other predators.
For example, for a company like IBM, let it spend three or four billion dollars to acquire a very promising emerging company like Ikon, and it will definitely not even blink its brows. Wait until Ikon grows for a few more years and has a market value of more than $10 billion. If other companies want to annex Aikang, they will have to consider whether they will suffer from indigestion.
Even at Ikon's current stock price. Li Xuan reduced his 9% stake and was able to cash in almost 400 million US dollars. And this money he will also put into the newly established investment fund. This brings the total size of the new investment fund to at least $700 million by the end of next year.
Such a large sum of money naturally requires a fund manager with sufficient talent to operate. The classmate Yang Lingjun recommended was named Zhuang Yuhai, who studied with him at St. Paul's Middle School in Hong Kong in his early years. Later, Zhuang Yuhai immigrated to the United States with his parents and was successfully admitted to the Mathematics Department of Harvard University.
After earning his Ph.D. at Harvard, the top student turned to Wall Street's Salomon Brothers as a bond analyst. Zhuang Yuhai was initially responsible for the pricing and evaluation of the secondary market of structured financial products, as well as the evaluation and analysis of credit models.
Wall Street likes top math graduates like him very much, because they tend to have strong logical reasoning ability and a very high level of processing information. In Salomon Brothers, Zhuang Yuhai quickly stood out with his excellent analytical skills and keen ability to seize opportunities.
Zhuang Yuhai, who just turned 45 this year, is already a senior partner of Salomon Brothers and a member of the executive committee, the company's highest decision-making body. He leads the group division, one of the best-performing traditional investment banking divisions on Wall Street over the past five years.
However, even if Zhuang Yuhai's current status is achieved, his annual income is only five or six million US dollars. And Li Xuan offered his fund manager a guaranteed minimum salary of $5 million plus high performance dividends. According to the terms initially formulated by Li Xuan, as long as the return rate of the investment fund in the first year can be above 10%, the manager of the fund can take at least $10 million of income from him by the end of the year.
A 10% yield is not a difficult task for a top person in the industry like Zhuang Yuhai. And the treatment offered by Li Xuan was enough to make his heart move. Therefore, after he was invited by Yang Lingjun, he quickly made up his mind to fly to Hong Kong to have an interview with Li Xuan.
This Zhuang Yuhai seems to be still in good spirits after a long journey of more than ten hours. After he arrived in Hong Kong, he went straight to Li Xuan's house, took out his carefully prepared plan and talked freely.
Considering that Li Xuan is not a professional financial person, Zhuang Yuhai was describing his thoughts. Rarely show off those specialized financial vocabulary. Instead, using the simplest and clearest words, let this person who is most likely to be his future boss. Understand clearly what he means.
People who use obscure technical terms to show their high style at such a time will surely die quickly. Just like the quadrennial presidential election in the United States, it is often called the best chance for new immigrants to learn English. Candidates for Congress, for governor, for president, never use too sophisticated vocabulary and grammar when addressing their constituents.
They only use the simplest language so that even illiterate voters can understand the meaning of their words. As for the high-profile stuff, it can be left to deal with competitors and the media.
Hearing what Zhuang Yuhai said. Li Xuan has a deeper understanding of the stock market, bond market, and financial derivatives such as futures options, and has a little understanding of the recent trends of international bulk trading materials such as oil, gold, and soybeans. This made Li Xuan at least recognize the professionalism of Mr. Zhuang Yuhai in front of him.
"Mr. Li, do you have specific requirements for the investment direction of the fund?" Zhuang Yuhai asked. The safe way is to diversify portfolio investments.
"Mr. Zhuang, you also know that the Dongfang Electronics Company under my name is engaged in emerging industries. Therefore, I naturally hope that investment funds can pay more attention to companies in the high-tech field. For example, the computer industry, biopharmaceutical industry. I think these fields The prospects for development in the next two decades are very good!
Of course, these are long-term investments, and for Wall Street elites like you, every financial shock is the best opportunity to make money! For example, the current political outlook in Hong Kong is a little confusing. I think the exchange rate of the Hong Kong dollar is likely to fluctuate violently next year! "Li Xuan said with a light smile.
Zhuang Yuhai frowned, the exchange rate market can be described as strange. Who can tell what will happen next year, but Li Xuan showed a very determined look. The boss is too confident, which is never good news for him. Because this is likely to cause bad things for the layman to lead the layman.
"Mr. Li, if you are willing to let me be in charge of the investment fund, how much authority can you give me!" Zhuang Yuhai stared at Li Xuan. Seriously and seriously.
"Under normal circumstances, I will not interfere with the specific management of the fund. But if there are some major investment opportunities. I hope that I will control the general direction! But you can rest assured that there is no absolute certainty, and I will never mess around. After all, these funds are all my own money, if there is a major loss, the person who should cry the most must be myself!" Li Xuan said with a smile.
Zhuang Yuhai sighed slightly in his heart, involving hundreds of millions of dollars in funds, the other party would not give him arbitrary authority. However, Li Xuan's request was at least within the bottom line that he could accept.
The first meeting between the two parties was quite pleasant, and it was impossible for Li Xuan to make a decision immediately. In addition to Yang Lingjun's recommendation from his middle school classmate, there are several other candidates recommended by the headhunting company, both Chinese and white.
Li Xuan will meet them one by one in the next month or so. After several rounds of interviews, Li Xuan finally decided to let Zhuang Yuhai take control of the newly established LH investment fund. "LH" is an acronym for Li Xuan's Cantonese pinyin "-".
The headquarters of LH Investment Fund will naturally be located in Hong Kong. After Zhuang Yuhai resigned from Salomon Brothers, he will join LH Investment Fund immediately. The current LH fund is just an empty shell, Li Xuan completely delegated power to Zhuang Yuhai, and he himself recruits various personnel needed by the investment team.
In addition to setting up the LH Investment Fund, Li Xuan is always very busy before the new year. The company's various summaries and celebrations, he, the big boss, will definitely attend to boost morale and reward advanced personnel.
With the coming of the most important Thanksgiving in the West and the Christmas season, the East Company has another batch of new products on the market. The most striking of these is undoubtedly the new arcade "1942" of Dongfang Game Company.
This is a brand new game product launched by Dongfang Game Company after more than a year after the last "Kung Fu" arcade. In the past year or so, the arcade products of Dongfang Game Company have continued, but they are all new editions of old games, or sequels of old games. So much so that Sega, which had been silent for a while, began to clamor again, claiming that Oriental Games had lost its creative inspiration.
And Dongfang Games has finally hit back with its second shooting game after "Tank Wars". The launch of each new arcade can always cause a sensation and upsurge, and "East" is gradually becoming an excellent brand respected and recognized by game fans around the world.
"1942" strikes with the blood of war. The biggest highlight of the new game is the grouping design of enemy aircraft. From a minimum of two sorties to a maximum of ten sorties, from echelon, column, horizontal, to wedge, snake and so on. The smooth gameplay controls, the deafening roar of airplanes and explosive music all make the player's adrenaline soar.
The hot sale of "1942" has hardly aroused Li Xuan's excitement. Dongfang Game Company already has an invincible domineering in the arcade market. One of the results of the hot sales of "1942" is that the first battle fighting game of Dongfang Games will continue to bounce, and the game development team is ready to spend more time sculpting the game better.
Introduced with the arcade board "1942", as well as the game cartridge version. On Christmas Day in 1982, game consoles were still the most popular Christmas gift for American parents to give to their little boys~www.wuxiaspot.com~ and Atari, the competitor of Oriental Game Company in the field of home game consoles, ushered in A major rout.
As Atari opened up the entry barriers to its own game console platforms, a large number of third-party shoddy games were rampant. In the past two years, with the blowout growth of the game market, many game companies have made a lot of money. Even a company like Atari, which failed in the competition with Eastern Games, had a good time. It's just that it wasn't as complacent as it used to be.
The real economy in the United States has been in recession for 18 consecutive months, which has made many companies in other industries also target the game industry, which is easy to make money. In later generations, many companies in China have engaged in nonsensical diversification, such as a famous Internet company raising pigs, a famous steel company selling soda and so on. The same situation occurred in the United States in 1982.
The New York Post reported not long ago that the world-renowned food company, Quaker, has also joined the game production army. Founded in 1901, the Quaker Company is one of America's leading oat producers, and Quaker oats are one of the staples of countless home breakfasts. However, the level of Quaker's game is obviously much worse than that of oatmeal. The games it makes are often complained by players because the quality is too low. (To be continued. If you like this work, you are welcome to come to the starting point () to vote for recommendation and monthly tickets. Your support is my biggest motivation. Mobile users, please read it.)
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