Chapter 732 Concealing the Truth

"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, are you still participating?"

"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, the investment opportunity of Dangdang.com was given to Sequoia. What will Capital Today do?" 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 any 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.

“Where is 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 suddenly 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.

"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 has officially made an offer to acquire Unocal.

$11 billion, and assume all debts, to acquire all assets of Unocal."

At the end of November 2004, the news of Xu Liang's acquisition of Unocal instantly shocked the American business community, and even the world paid close attention to it.

These days, the number of mergers and acquisitions of over 10 billion US dollars can be counted on one hand throughout the year.

And people pay more attention to Xu Liang, who has been searched twice globally in a month.

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

Jiang Xiaoyang is waiting for her birth here.

Helping her stroll on the green grass, facing the morning sun and the air filled with grass fragrance, her mood seems to have become much calmer and more peaceful.

"Why do you suddenly want to acquire Unocal?"

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

"That's not the case. It's mainly because it's a bit sudden, and oil is too sensitive. Unocal holds many sensitive assets, so the acquisition is very difficult. I'm afraid that even if you try hard, you will still fail."

"In fact, it doesn't matter whether Unocal can be acquired successfully."

Looking at the puzzled eyes of the beauty, Xu Liang continued with a smile.

"Hanhua's investment in US real estate mortgage bonds is too large, 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 will take the initiative to create a target and divert the attention 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 I can really acquire Unocal, why wouldn't I want it? I spent a lot of thought on choosing this target.

Compared to other American 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 supplement it later."

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

"Of course."

Xu Liang has a vision and experience that exceeds the current 20 years. He knows very well how great a deterrent it is to neighboring countries as China launches one aircraft carrier after another.

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

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

Everyone will kneel down and sing "Conquer".

"Your idea is good, but the acquisition of Unocal will probably be difficult to delay for too long. Pacific Fund's holdings of over 100 billion US dollars will definitely attract attention if they are all closed at once."

"So I don't plan to close Pacific Fund No. 3." Xu Liang said with a smile.

"Don't plan to close?"

"Like you said, closing all positions will attract attention, so we will not only not close positions, but also continue to increase positions. However, the types of bonds held must be changed."

Jiang Xiaoyang is also a smart man and quickly understood his idea.

"You want to replace all 3B bonds with 3A bonds?"

Xu Liang smiled and nodded.

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

The remaining $8 billion is leveraged to hold about $30 billion of Class 3A bonds.

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

Take out $20 billion of the money earned and add 5 times leverage to continue to maintain the holding scale of Pacific Fund No. 3.

On the surface, there is no change.

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

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

He will slowly convert the 3A-rated subordinated bonds he holds into CDs (credit default swaps) for real estate subordinated bonds.

Of course, the scale will definitely not be so large at that time.

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

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

"Unocal Oil, plus your portfolio adjustment plan, if we extend the buying and selling time long enough, it will not be easy to attract attention." Jiang Xiaoyang said.

"There will still be attention, after all, our past investment cases are too brilliant, and there are too many eyes staring at us.

It's just not so conspicuous."

It's also making $20 billion.

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

Jiang Xiaoyang turned his head and looked at me. "I didn't see you make so many preparations when you were doing oil and soybeans before. Why do you take it so seriously this time?"

"We were inconspicuous before and paid little attention. Now that we are famous, we have more troubles.

Of course, the main reason is that we made a lot of money this time."