Tao Liangchen
Chapter 578 Leading a Wolf into the House
Originally, he wanted to take Yin Liuli to Monterey Bay to see the scenery, but now he had to stand her up.
After having someone handle the bank's release formalities, he successfully signed the contract early the next morning.
The Abu Dhabi sovereign wealth fund was generous and financially strong. After hurrying to complete the equity change procedures, they immediately transferred the full amount into Su Yehao's Bank of China, Hong Kong branch account, settling the transaction cleanly.
Bank of China joined the international fund clearing system in the 1980s and has always operated as a window for foreign exchange. It is very good at handling large sums of money, and even provides high interest rates for idle current funds.
It's quite interesting when you think about it.
A full 2.7 billion US dollars, even if invested in the bank, would earn about 1.1 billion Hong Kong dollars a year based on the current Hong Kong deposit interest rate.
And for such a large amount of money, it is now easy to operate at ten points, or even higher annualized returns.
Seeing a huge sum of money lying in his account, Su Yehao even had the urge to stop working so hard.
He spent two days dealing with trivial matters, such as holding meetings with the board members of the Yanwenzi Group, discussing financing plans with Google executives, and inviting several Qualcomm shareholders to dinner.
It is worth mentioning that:
The shareholders of Qualcomm were quite interested in the financing news released by Google, and privately asked Su Yehao at the dinner table whether he could give them some financing shares, about 10% of Google's total share capital.
The interests of listed companies are often directly linked to the interests of shareholders, but the interests of shareholders are not necessarily completely consistent with the interests of listed companies.
Although these few did not say it explicitly, Su Yehao heard a hint of "cooperation and win-win" in their words.
Thinking that there should be many opportunities to deal with Qualcomm in the future, he agreed to the other party's request with a smile. Anyway, it was funds that were actively offered, and it also met the needs of attracting powerful allies for Google.
Different from other Internet companies in Silicon Valley.
Although Qualcomm's market value is only tens of billions of dollars, it has inextricable links with Washington on the East Coast. Its lobbying team is so powerful that it can even insert Qualcomm's representatives into the team negotiating China's accession to the World Trade Organization.
As the mainland market gradually develops, these multinational companies are trying to exchange markets for markets.
In the 1990s, as the leek fields in Germany, England, Central America, and Southeast Asia were successively harvested, capital, led by Wall Street, hoped to explore new markets and set their sights on the rising mainland.
Recently, taking advantage of the dollar interest rate hike and reflux, the pace of negotiations with the mainland to join the WTO is accelerating, trying to open up the seven major industries, mainly agriculture, the automobile industry, the petrochemical industry, the information technology industry, the textile industry, the financial industry, and the telecommunications industry, so as not to have hot money nowhere to invest when the interest rate cut tide arrives.
American companies just want to gain more opportunities in the mainland market, trying to continue to cultivate new leeks through the WTO rules. Qualcomm, as one of the giants in the telecommunications industry, is also participating in this.
To put it bluntly, there is no love for no reason in the world. Whether the other party can join the WTO directly depends on the balance of interests.
It is indeed letting wolves into the house.
It's just that the American business community doesn't seem to see which side is the real wolf. In the future, the sentence "drive down the price" will frighten countless industrialized countries.
Securing the support of several major Qualcomm shareholders in advance.
The hope of winning its mobile phone production business has suddenly increased a lot.
The acquisition price is slightly lowered, but you can get the opportunity to finance Google. Both parties were happy with the meal...
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San Francisco Airport.
Linda Yun arrived late, carrying a suitcase, and told him panting, "Sorry! There was a traffic jam on the road, I kept you waiting."
"Tsk... after eating a hamburger, we waited another half an hour. Fortunately, it's our own plane, otherwise it would have flown away already."
Su Yehao closed the magazine and added unhappily: "Now it's thousands of dollars of income per minute, your secretary has quite the face."
"?"
Linda Yun was puzzled.
Only to hear Yin Liuli remind her in a low voice: "Ahao now has more than 20 billion Hong Kong dollars in cash in his account. The bank gives him a 7% annualized short-term deposit interest rate. I used the calculator at home to calculate that it's really more than two thousand dollars a minute. Maybe he's never had so much cash in his account before. He's been a little out of it these past two days, smiling foolishly even when he's sleeping at home..."
"Oh~"
Realizing what was happening, Linda Yun told him with a smile: "Don't expect me to compensate you for that, after all, I'm still earning interest while you wait for me. Speaking of being late, it was actually delayed because of work. I printed out the documents for you, so you can deal with them on the plane and avoid being bored."
Taking the thick stack of documents, Su Yehao sighed helplessly, saying: "It seems like there are more and more things to do, and no matter how busy I am, I can't finish them all. Maybe I've been too enthusiastic recently, giving them the illusion that I'm very serious about doing things?"
"You only need to look at most of them and sign."
After Linda Yun finished speaking, she gave Yin Liuli a set of La Mer cosmetics, telling her chattering that it was a high-end brand cream under Estée Lauder and that it was very effective.
Su Yehao had no way to interrupt the topics between the girls at all.
Leaving the VIP lounge and taking a car to the tarmac, he casually flipped through the documents before takeoff and unexpectedly found a sales report from Country Garden.
It detailed the sales situation of the Pengcheng Country Garden · Millennium Impression residential project. Within two weeks of opening, the sell-through rate was as high as 96%. Only a few units on the first and top floors were left, which have not been sold yet. The popularity of elevator apartments far exceeded initial expectations.
He vaguely remembered that when he went to inspect it at the time, there was indeed a poster at the entrance of that community with the words "Grand Opening on July 1st".
He hadn't paid much attention since financing Country Garden. If it weren't for the information at hand, Su Yehao would have almost forgotten its existence.
Other documents also introduced the bidding situation of Cyberport and Landmark Tower, including more than a dozen giants, including American architecture firm SOM, Swedish SWECO FFNS, and British Norman Foster Associates, which have announced that they will participate in the design competition.
With more companies under his name, each company submitting several documents, the summary of them together would delay Su Yehao for an hour or so.
After skimming through them, there wasn't much really important news. On the contrary, a consultation letter regarding the Pengcheng Sihai International Cultural Tourism City aroused his attention.
The designers there finally remembered that Su Yehao's villa had not been built yet, so they sent a letter asking him what style of design he wanted.
He already had a European-style villa, and he also had a small castle and a Siheyuan (courtyard house).
After thinking for a few seconds, he decided to create a garden, a modern new Chinese-style garden.
There was also a mainland official news report predicting that by the end of next year, the number of mainland Internet users is expected to increase to 30 million, and by the end of the year after next, it may exceed the 100 million mark.
This news also aroused Su Yehao's attention, mainly because he was worried that capital would flood into the market and disrupt his layout.
He happened to have money on hand, so he immediately decided to take out another 500 million RMB to maintain his market share and to launch large-scale lawsuits to sweep away all the companies that imitate tAt and tot, so as not to let anyone think that he is soft-hearted and easy to bully.
The market was small before, so it didn't matter if he left it alone, but now that the track has a prototype, he should spend some thought on it and not sit idly by while other competitors grow wildly.
...