My 1999
Chapter 741 Reception
"Isn't this just right? We bid alternately with Chevron, and Unocal waited for the price to be high. In the end, Unocal was successfully sold to Chevron, and we exited without loss.
We can also make a lot of money through stocks and bonds.
Both parties are happy." Xu Liang said with a smile.
"Unocal is still very valuable, and losing it is also a loss for us." Lv Hui said with some regret.
This is an oil asset worth more than 10 billion US dollars.
"There is nothing to regret. Oil and natural gas are important energy sources that have attracted international attention. Even if you have money, you can't play with them."
Look at the global oil giants, which one does not have a national background?
So Xu Liang is not so eager for Unocal.
It's good to have it, but it's just like that if you don't have it.
"By the way, has Hongmeng submitted its financial report this year?"
"Submitted."
Lv Hui handed over the report.
Hongmeng's report is divided into 11 parts.
No.1 Store, Bing, Netcom, Kunlun, Kingsoft, Hongmeng Entertainment, Sina, Universal Pictures, Universal Music Group, DreamWorks Animation, Hongmeng Head Office
As for Universal Studios, it has been separated from Hongmeng and acquired by Hongyan.
Nettech is already a listed company, and its financial report is independently calculated.
Xu Liang paid special attention to Sina.
Because it will be listed in May this year.
From the financial report, Sina's business development is still very good.
In 2004, the total revenue was 4.07 billion Chinese yuan, and the net profit exceeded 1.06 billion Chinese yuan, an increase of 269% over the same period last year.
After years of investment, Sina has developed a wide range of sub-businesses through sub-channels, and now only Autohome and Soufang.com remain.
Autohome is already the largest car vertical website in China.
Soufang.com is also the largest real estate website.
The two sub-websites jointly contributed 33% of Sina's revenue.
Add to that the revenue of Sina Sports, Tieba, Sina Game Hall, Mailbox and Blog.
The "wireless mobile" business, which originally accounted for nearly half of Sina's revenue, has now dropped to 35%.
The revenue structure has become healthier.
In terms of the market, Sina is currently the largest portal website in China and Southeast Asia, with 160 million registered users and 330 million daily active users.
In terms of new business, Weibo has more than 35 million registered users.
"Sina is still developing well under Lao Wang's leadership." Xu Liang said with a smile.
"Mr. Wang is the first mate, and you are the captain. Without you controlling the direction, Sina, this big ship, would not develop so fast." Lu Hui complimented.
Xu Liang smiled and waved his hand.
"Don't flatter me. As your boss, I don't need this little achievement to decorate the facade."
"Although you are modest, this is a fact recognized by everyone in the outside world."
Xu Liang smiled and did not continue the topic.
"Haven't you reached an agreement with Goldman Sachs and Morgan Stanley yet?"
"It's mainly about valuation.
Mr. Wang hopes to get a valuation of 50 times the net profit for listing, but Morgan Stanley and Goldman Sachs think it's too high.
Currently, Yahoo's market value is only about 40 times its net profit. In order to leave some room for the stock price to rise, they think 35 times is a reasonable number.
But Mr. Wang thinks that Yahoo Japan's valuation has reached 60 times its net profit. The reason why Yahoo's valuation in the United States is low is that their main business is weak.
Sina's main business is very strong and has good development prospects.
So it should be higher.
The two sides are still talking."
Xu Liang nodded, thinking of Yahoo Japan, he really didn't expect the other party's stock price to rise to more than 50 billion US dollars.
Even higher than the local stock price of Yahoo in the United States.
Japanese capital and shareholders really like their own Internet company.
It's a pity that he sold his shares when the market value was 40 billion US dollars.
Otherwise, he could make a lot more.
Of course, if he had to do it all over again, he would still stick to the same choice as before.
Selling shares in a big way requires a process, and it is impossible to sell them just in time for 50 billion.
Otherwise, it is not called selling shares, but called crashing the market.
Not only does it attract hatred, but it also harms one's own interests. A wise man would not do it.
"Mr. Xu, do you want to call and ask?"
Xu Liang thought about it and shook his head.
"No, I believe that Lao Xie and Wang Zhidong can handle this problem."
Although he said so, he also understood that Sina would probably not be able to get a valuation of 50 times net profit.
After all, capital is not stupid.
Everyone can see Yahoo's decline in the Internet industry.
Although Sina and Yahoo have certain differences in business, fundamentally speaking, it is still a portal website.
So, capital will become cautious when it comes to valuation.
If it is replaced by Bing, let alone 50 times, even 60 times, Morgan Stanley and Goldman Sachs agree.
Google's development in the past six months since its listing is obvious to all.
With this example as a comparison, as the world's largest search website, Bing is the fattest piece of meat in the eyes of capital, and everyone wants to eat it.
In the six months since Google went public, he has received more than 100 calls asking when Bing will go public.
After five years of development, Bing has become the world's largest search site, excluding the English market.
It occupies 80% of the search market in East Asia and Southeast Asia, and 65% of the market in Europe.
As of now, Bing has 5.9 billion web pages of various types, 1.57 billion answers, 320 million photos, 18.9 million books, and more than 70,000 cooperating merchants around the world.
It has 19 data centers on five continents around the world, with a daily traffic of 560 million.
In 2004, total revenue reached US$3.76 billion, with net profit of US$780 million, a year-on-year growth rate of 439%.
It is the one with the fastest growing business among the dozen or so subsidiaries of Hongmeng.
Now that Internet companies are becoming more and more popular, this is no longer fat, this is Tang Monk meat.
Any coquettish female fairy would like to take a bite.
"By the way, about the satellite, is there no news from above?"
"When Mr. Xie called to inquire, the other party said that he was still studying it and asked us to wait for news."
Xu Liang couldn't help but frown.
He found that he was a little passive in this matter.
If the above does not give accurate information, I cannot go to the United States and Russia to order satellites.
Otherwise, you will offend people.
Subconsciously, I wanted to pick up the phone and call Jiang Weiguo to ask about the situation, but after thinking about it, I forgot about it.
Jiang Xiaoyang gave birth to a child out of wedlock, and he didn't know what his father-in-law's attitude was towards him.
It's better to wait.
I have been waiting for more than half a year, and it is not less than a month or two.
"Tell Lao Xie to stop waiting and ask directly from above."
"OK."
Hongmeng has developed to the present and has become the world's top Internet company. It is also highly valued in China. If you want to reach Tianting directly, it is just a phone call away.
"Boss, we're here."
Huo Gang's voice came.
Xu Liang looked outside and found that he had indeed arrived at the Sydney Opera House Hotel, where the business reception was held.
After getting off the bus, I glanced at the Sydney landmarks nearby and walked in.
Hand over the invitation letter and be led to the banquet hall by the waiter.
What you see are all well-dressed men and women wearing suits and evening gowns, holding wine glasses.
There were about two to three hundred people.
The large number was somewhat beyond his expectation.
However, Xu Liang had few friends in Australia, so he just wanted to find a place to sit down.
Several people hurriedly came forward.
Walking at the front was a tall, middle-aged white man in a suit with a slender face.
"Mr. Xu, it is a great honor to invite you to today's cocktail party. I am Barnaby Joyce, Deputy Prime Minister and Minister of Trade of Australia."
"Mr. Joyce, it is also an honor for me to receive your invitation to attend today's cocktail party."
Both sides shook hands.
Looking at the tall, muscular and confident young man in front of him, Joyce was surprised by how young he was.
Originally, there was no need for him to appear at today's reception.
But since learning that Xu Liang agreed to participate, the government department has raised the standards of the reception.
Not only that, after the news spread, many Australian business leaders also came.
"Mr. Xu, after learning that you were going to attend the reception, many successful people in the Australian business community also came here. If you don't mind, can I introduce it to you?"
"Of course I don't mind. I came to the reception this time mainly because I want to get to know my colleagues in the Australian business community."
"That couldn't be better."
"please."
"please."
Joyce welcomed Xu Liang to the center of the banquet hall. An old white man wearing a navy suit and gold-rimmed glasses took the initiative to greet him.
Joyce smiled and said: "Let me introduce, this is Mr. Kelly Parker, the president of Australia's 9th Television Network."
Xu Liang smiled and stretched out his right hand towards the other party.
"Hello, Mr. Xu."
"Mr. Parker, I have heard about you, Australia's richest man, for a long time."
"Haha, when it comes to wealth, I am far behind Mr. Xu."
Before Xu Liang came to attend today's cocktail party, he had read the information collected by Lu Hui about Australian business leaders.
He was impressed by Carey Parker, Australia's richest man.
Not because of how much money he has.
It's what this guy did.
Not to mention asking his mistress to commit suicide for him.
The most impressive thing about this guy is his ability at gambling.
In 1987, he lost 19 million Australian dollars (equivalent to 114 million Chinese dollars) in one night in London.
Do you think this is the limit of dog betting?
NO!
In September 1999, Brother Parker gambled in London for three consecutive weeks and lost 28 million Australian dollars (equivalent to 168 million Chinese dollars), setting a record for the highest personal loss in British gambling history.
Tabloids around the world reported wildly.
Wild models from all over the world want to hook up with this big guy who throws money like water.
However, the world's top gambler takes the template of the protagonist.
The gambling table is full of excitement, and the shopping mall is also full of excitement.
Not only did he not lose the wealth left by his father, he also bought the Australian Publishing and Broadcasting Co., Ltd., two television stations, two radio stations and many magazines, becoming Australia's largest media tycoon.
With a fortune of 6.9 billion Australian dollars (approximately 5 billion US dollars, 40 billion Chinese yuan), he was listed on the "Fox" "Global Rich List", ranking 94th.
He is somewhat of a legend.
"By the way, Mr. Xu, do you want to play a few games? This place is very close to my casino." Kelly Parker continued with a smile.
"Thank you, I'm not interested in gambling."
"That's such a shame.
Gambling is the most interesting thing in the world, and Mr. Xu can definitely give it a try. "
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