Wall Street Legend
Chapter 258 Is Huawei going to be sold?
Maxi was temporarily staying at Ye Dongqing's house because of jet lag. She didn't sleep well last night. After the luxury apartment on the high floor of Puchuan Tower had been vacant for nearly a month, someone finally moved in.
Even if the island next to Long Island is renovated, Ye Dongqing does not intend to sell this apartment. It is just above the Tamsui Investment Group, and it is on Fifth Avenue. It is located in the core area of midtown Manhattan. There may be no residents living there. The island is comfortable and more lively after all. It won’t take more than 20 minutes to drive to buy a bottle of soda. I plan to stay on both sides.
Ignoring Richard's housework for the time being, he still had business matters to deal with. After coming to Tamsui Investment Group, he plunged into piles of documents. He was required to approve financial reports, tax reports, etc. It is signed by the owner of the company. It is not troublesome to sign, but it is more troublesome to review. You do not need to read each item carefully, but you still need to understand the general situation.
Time has entered 2004. The Tamsui Investment Group is no longer the same as last year. The main business is still various investments, mainly investing in various Internet companies. The expenditure accounts for half of the total assets under management. One company Apple has invested nearly two billion U.S. dollars, in addition to corporate bonds and treasury bonds. It has set aside some cash, about one billion U.S. dollars, and some of the money has been invested in the commodity trading market, mainly crude oil. futures.
Since Ye Dongqing opened the position, the current profit scale has hovered around US$700 million. After experiencing the last surge, it is necessary to lay the foundation for the next wave of market. In the past two weeks, the fluctuations in oil prices have not been large overall. The long-term rising market Fortunately, Ye Dongqing had the patience to wait slowly. A professional team in the company helped him pay attention to all the trends in the crude oil market 24 hours a day. He looked at the information and found no problems for the time being.
Among the piles of documents, he came across an interesting record. Holding the folder in his hand and reading it carefully, he was surprised to find that in January, Motorola actually signed a seven-year-old contract with Huawei, which he knew. With a US$1.5 billion acquisition contract, Motorola attempted to acquire Huawei as a whole. The document only recorded this news and did not describe the subsequent progress.
This surprised Ye Dongqing. In his memory, this company should have no external shareholders. All shares are concentrated in the hands of Huawei's executives and employees. This is one of the reasons why Huawei will be squeezed out in the future. If there are Wall Street capital , or which Silicon Valley company holds a large stake in Huawei, the situation will definitely become different, and it will probably not encounter such strong resistance when opening up the global market.
However, the document in his hand clearly recorded the news that Motorola was about to acquire Huawei as a whole. Ye Dongqing was not sure whether this had happened in his previous life, but it was indeed possible now. He was surprised by this and hurriedly called. Call the secretary team and ask them to help collect all the news about this acquisition, especially the recent transaction trends. To be honest, he is more interested in this company, but he already owns so many shares in Apple, so it is not very Investment is not allowed, if possible, it would probably be a good thing to obtain some shares through financing.
In this era, Huawei was indeed almost sold. The price was about 7.5 billion U.S. dollars. The transaction was at the end, and the new Motorola CEO who had just taken office was waiting for the nod of approval.
The Huawei of today is not the Huawei of the future. The mobile phone business has not yet started. Its main competitor is the American company Cisco. In addition, in the lawsuit with Cisco, it was almost overwhelmed. The business is tepid and still profitable. But its influence is not that great. It is just an ordinary technology company.
Ye Dongqing quickly received feedback. His people told him that in January this year, Mr. Mike Zafirovsky, Chief Operating Officer of Motorola, and Larry Chen, who was in charge of China business, were in Nanhai Island with the general manager of Huawei. The acquisition was negotiated, but before the deal was completed, Mike Zafirovsky resigned as CEO of Motorola Group, mainly because he failed to release a new mobile phone as scheduled during last Christmas, which caused significant fluctuations in Motorola's stock price , coupled with the fact that the full-year performance growth failed to meet expectations, forced this guy to resign voluntarily to appease the board of directors and shareholders.
Not because the other party was a little beauty, he was polite to Mr. Bernard Madoff's junior. He lit a cigar and crossed his legs, with a slightly impatient tone: "Just tell me the key points, the progress of this deal. What's the situation now? Motorola's new CEO still wants to acquire it?"
Elizabeth Madoff has successfully come to the Tamsui Investment Group for an internship through Bernard Sr.’s relationship. Because Ye Dongqing was away from New York for a long time some time ago, the two of them did not meet many times. Counting the last time they met, this was only the second time. .
She paused slightly and then said: "No, according to the information just learned from the consulting company, the executives of Motorola Group do not seem to approve of this transaction. The project has been temporarily shelved. They believe that the acquisition requires It spends too much cash, and Motorola Group’s financial situation does not seem to be very good recently, so it plans to focus on its mobile phone business.”
"Ha! That's great!"
Ye Dongqing is really happy. Although the process has been changed, he is not sure whether Huawei will develop into a communications industry giant that can directly compete with Cisco like the Huawei he remembered. This does not hinder On a whim, he tried to cut him off halfway and tried to contact Huawei's senior executives to see if he could get some shares.
When he originally inspected Pengcheng, he subconsciously thought that Huawei would not accept financing from the United States, so he didn't talk to them at all. But now he found that things were not as simple as he imagined, so he started to think carefully and prepared again. Buy a potential stock.
He pointed to the small wine cabinet and asked Elizabeth Madoff to bring him a bottle of beer. He continued: "Thank you, go help me find Mr. McCord, and help me confirm this news from Motorola." , there should be publicly disclosed information, right? Motorola is a listed company, please let me know once it is confirmed."
Long before Elizabeth came to work, the old Madoff had a deep talk with this Jewish girl. It was not that he had any ill intentions towards Ye Dongqing, but that the old man hoped that she could successfully capture Ye Dongqing.
For the first time in her life, Elizabeth lost confidence in her appearance, because Ye Dongqing didn't pay attention to her at all, just like other people in the company. As a woman, she was somewhat concerned about this, and smiled and replied: "McMc Mr. De is on his way back from Washington. You should know that the meeting organized by the Securities and Exchange Commission..."
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