My 1999

"Mr. Xu, you have seen Sequoia's sincerity. Now it is your turn to show sincerity."

Xu Liang waved.

Lu Hui placed a piece of information in front of Moritz.

While the latter picked it up and looked at it.

“Dangdang is China’s B2C company second only to Yihaodian, occupying 23.6% of the market share. Like Amazon, it is deeply involved in the book field and accounts for more than 40% of the market share.

It is the largest book e-commerce company in China.

As of now, it has 13.2 million registered users, and its sales have exceeded 200 million Huaxia coins.

They are currently preparing to start Series B fundraising. If Sequoia is interested, I can recommend you to join. "

Hanhua No. 4 Fund holds 17.5% of the shares of Dangdang. Xu Liang does not intend to acquire Dangdang, so he does not intend to expand Hanhua’s equity in Dangdang.

Just go with the flow and give the opportunity to Sequoia.

Anyway, the potential of this target is not great.

Michael Moretz flipped through the information.

"Hanhua is also a shareholder of this company?"

"We invested $6 million in Series A."

"What about Series B, will you still participate?"

"I originally planned to participate, but I don't like to owe favors. Now that I have taken the 'Workday' company, this opportunity will be returned to you."

"Thanks."

"We are mutually beneficial. If there is a good opportunity in the future, we can invest together." Xu Liang said with a smile.

Sequoia, a local snake in North America, has a wide network of contacts and indeed has many good things in his hands.

Moretz smiled: "I believe our cooperation will be very pleasant."

"certainly."

After the two shook hands, Moritz took the Dangdang information given by Xu Liang and left.

"Mr. Xu, Dangdang's investment opportunity has been given to Sequoia, what about Capital Today?" Lu Hui asked.

"It's cool. Anyway, Dang.com can't just find one company for Series B financing. It's enough to let Capital Today and Sequoia participate together."

"Then Hanhua's shares may be diluted."

"Just dilute it, Dangdang's potential is not high."

After hearing what he said, Lu Hui didn't say anything more.

"By the way, what is the share price of New Dream now?"

"Every share has risen to HK$5.8, and the market value has almost doubled." Lu Huidao.

"not bad."

At the beginning of every company's listing, there is a period of skyrocketing stock prices.

But there are not many companies that can sustain it and allow it to continue to rise.

“What about the stock price of NetTech?”

"93.1 billion Hong Kong dollars."

"It fell."

Netco's stock price exceeded 100 billion at its peak, but it only stayed at the 100 billion market value for half a month before slowly falling.

"Sun Haizhen, Mr. Sun, is currently in contact with the Japanese Internet cafe chain brand 'Happy Club', and the high-end Internet cafe business in China, South Korea, and Greater China is also advancing.

When the acquisition is completed and the financial report of the Internet Technology Company is released, the company's market value will definitely rise to a higher level and once again exceed 100 billion Hong Kong dollars. "

Xu Liang smiled and nodded.

Before the advent of mobile phones, Internet cafes were still a blue ocean industry.

There are still at least seven or eight good years left, enough for Nettech to accumulate a certain amount of capital and fight in the Red Sea.

——

boom!

His generous palm slapped the table loudly.

Larry Ellison looks like a raging bull in his shirt.

"Damn yellow-skinned monkey, I knew he wouldn't give up. I shouldn't have agreed to the mediation of those idiots in Washington.

And there is that old immortal Duffield who refuses to eat and is fined with alcohol. This time I will definitely give them a good show. "

Howard Stringer frowned.

"Larry, don't mess around. Our most urgent task now is to digest PeopleSoft as soon as possible, otherwise if Workday Company really develops on PeopleSoft's corpse.

We would be the laughing stock of America. "

Ellison turned his head sharply and looked over, his eyes full of anger.

"Howard, am I causing trouble now? It's those two bastards who are provoking me and provoking Oracle.

If we do nothing and just tolerate it, we will really become the laughing stock of the entire United States. "

Howard Stringer was just about to continue.

Ellison's cell phone suddenly rang.

The latter picked it up angrily, looked at it, and pressed the answer button.

"Damn it Paul, if you don't have good news, I...what?"

Listening to the voice on the phone, the anger on Ellison's face gradually disappeared, and the joy gradually became stronger.

"Paul, are you sure the news is true?"

came the voice of Paul Singer, CEO of Elliott Management Company.

"Of course. How could such a thing be faked?"

Ellison thought so too.

"Haha, haha, this time I want to make that yellow-skinned monkey understand the consequences of offending me.

Want to buy Unocal Petroleum Company?

Not possible in the next life. "

"Larry, please contact the people at the Iris Club. I believe they will be happy to provide you with a little help."

"No need. I also understand Unocal Petroleum Company. As long as the Agtu Pipeline exists, the United States will not allow it to fall into the hands of foreign consortiums, so we will win."

"It's good that you have confidence, but Xu Liang is not easy to deal with. You'd better make more preparations."

"Don't worry, I will."

The two chatted for a while and then hung up the phone.

"What happened?"

Howard asked.

Ellison's face showed excitement, "I just received the news that Xu Liang's Hongyan Fund officially issued an acquisition invitation to Unocal Petroleum Company.

Acquired all assets of Unocal for US$11 billion and assumed all debt. "

At the end of November 2004, the news of Xu Liang's acquisition of Unocal Petroleum Company instantly caused a sensation in the American business community, and even attracted global attention.

The number of mergers and acquisitions exceeding tens of billions of dollars this year can be counted on one hand throughout the year.

And people are paying more attention to Xu Liang, who has been searched twice globally in one month.

But at this time, Xu Liang was no longer in the United States, but came to a small farm outside Sydney, Australia.

Jiang Xiaoyang is waiting for delivery here.

Supporting her while walking on the green grass, facing the morning sun and the grass-scented air, her mood seemed to become much peaceful and peaceful.

"Why do you suddenly want to acquire Unocal Oil Company?"

Xu Liang smiled and said, "Do you think this acquisition is inappropriate?"

"That's not true. The main reason is that it is a bit sudden, and oil is too sensitive, and Unocal Oil Company holds many sensitive assets, so the acquisition is very difficult. I am afraid that even if you try hard in the end, it will still fail."

"Actually, it doesn't matter whether Unocal Petroleum can successfully acquire it."

Looking at the beauty's confused eyes, Xu Liang smiled and continued.

"Hanhua's investment in U.S. real estate mortgage bonds is too big, and too many people are paying attention. Although there are many people standing behind Hanhua, there will definitely be many people who will cause trouble for us out of jealousy.

Even if these troubles can be solved in the end, it will cause us too much waste of money, energy, time and connections.

In this case, we should take the initiative to create a target and divert the eyes that are focused on us first. "

Jiang Xiaoyang suddenly realized, "So the acquisition of Unocal is fake, and hiding the truth is the truth."

Xu Liang smiled and nodded.

"To be precise, both sides are true. If Unocal can really be acquired, why wouldn't I? I put a lot of thought into selecting this target.

Compared with other U.S. oil companies, 66% of Unocal's oil and gas reserves are located in Asia, especially Southeast Asia, which is China's natural sphere of influence.

As long as the country develops, this will be our affiliated economic circle.

It’s better to make a move in advance than to make up for it later. "

"You think long-term." Jiang Xiaoyang said.

"of course."

Xu Liang has vision and experience beyond the current twenty years, and he knows very well that as China launches one aircraft carrier after another, it will be a great deterrent to neighboring countries.

The most realistic example is that before he traveled, the opinion polls in Southeast Asian countries showed that China's favorability had surpassed that of the United States.

There are only three aircraft carriers. If it becomes six, or even nine.

One by one, everyone must kneel down and sing Conquer.

"Although your idea is good, the acquisition of Unocal Petroleum Company may not be delayed for too long. If Pacific Fund's positions of more than 100 billion US dollars are liquidated all at once, it will definitely attract attention."

"So I have no plans to let Pacific No. 3 Fund close its position." Xu Liang said with a smile.

"Don't you plan to close your position?"

"As you said, closing all positions is too eye-catching, so instead of closing positions, we will continue to increase positions. However, the types of bonds held must be changed."

Jiang Xiaoyang is also a smart person and quickly understood his thoughts.

"You want to convert all your 3B-rated bonds into 3A-rated bonds?"

Xu Liang smiled and nodded.

The current investment structure of Pacific No. 3 Fund is that US$2 billion holds nearly US$90 billion in Class B bonds, half of which are the worst Class 3B bonds.

The remaining US$8 billion is leveraged and holds approximately US$30 billion in AAA-rated bonds.

After all the B-class bonds held by Pacific No. 3 Fund are sold out.

With 20 billion U.S. dollars of earned money and 5 times the leverage, we can continue to maintain the position size of the Pacific No. 3 Fund.

On the surface, nothing seems to have changed.

But in fact, the investment structure of Pacific No. 3 Fund has completely changed.

Of course, Xu Liang also planned to hold it for too long.

He will slowly convert the AAA subordinated debt he holds into CDs (credit default swaps) for real estate subordinated debt.

Of course, the scale will definitely not be that big by then.

This is Xu Liang’s entire plan for the Hanhua Pacific No. 3 Fund in the next four years.

There may be small adjustments in the middle, but the general idea remains the same.

"Unocal Oil, coupled with your position adjustment plan, if we extend the trading time long enough, it will really not attract attention." Jiang Xiaoyang said.

“We will still pay attention, after all, our past investment cases are too brilliant and there are too many eyes staring at us.

It's just less conspicuous. "

The same is making $20 billion.

Making so much money in one month is very different from making 10 billion in one year or 20 billion in two years.

Jiang Xiaoyang turned around and looked over, "I haven't seen you make so many preparations when I was doing oil and soybeans before. Why do you pay so much attention to it this time?"

“In the past, we were inconspicuous and received little attention. Now that we are famous, we are in more trouble.

Of course, the main reason is that I made more money this time. "