Hong Kong Island, mid-level villa.
Li Jiacheng lives on the second floor of this villa and has breakfast in the restaurant as usual in the early morning. Later, the eldest son Li Zeju and his daughter-in-law came down to eat with him.
"Daddy, are you sure this time?" Li Zeju, wearing glasses, asked his father across from the round dining table. His back was already arched.
Behind Dayuan Investment is the full support of his father’s investment company, HV Investment. Otherwise, the British and American capital in Hong Kong will not notice this venture capital company located in Shanghai!
This time Dayuan Investment "suggested" Phoenix Fund to change the company's operating model, accept external funds, and jointly share the excess returns of venture capital. The core trump card was revealed at the beginning of this month.
If the Phoenix Fund is not restructured, Jing Gaoji's senior executives may enjoy the treatment of a company's chief financial officer.
Otherwise, with Jing Gao's temper, he would accept this "suggestion" of self-destruction. It is said that this person is as gentle as jade in life, sunny and romantic, similar to Jia Baoyu, a wealthy idler and a romantic young man!
However, this person actually has a very strong character! His evaluation in the business world is generally recognized as: cunning, wise, feminine and cunning.
Li Jiacheng drank his porridge slowly. When he gets old, he likes to eat soft food. He slowly said: "This pressure is led by Lanny Mellon.
After Phoenix Fund acquired Uber's Chinese business to establish Uber, it turned around and acquired about 0.8% of Uber's shares from small shareholders in the primary market in the past two years. BNY Mellon has lobbied regulators to review the $500 million investment.
Its investments in unicorns such as Lyft and Base (a Bitcoin and other digital currency trading platform) have been frozen.
You don't need to worry about these and concentrate on dealing with Taichu Group's competition on the island. This time we are leveraging our own strength. Whether we succeed or not, we don’t need to care too much! "
"Yes." Li Ze agreed concisely and concisely, feeling a long sigh of relief in his heart.
Currently, both CK Hutchison and CKD are facing business competition from companies under Jinggao, mainly in three aspects: real estate, telecommunications (telecom operators), and electricity. He was under a lot of pressure.
The only advantage is that most of the big families in Hong Kong started their careers in real estate. Xia Shang Real Estate, a subsidiary of Jinggao, frantically acquires land to build low-rent housing, which also affects their interests.
In terms of telecommunications and electricity, East Asia Telecommunications under the name of Igao and his allies, the Kadoorie family, which together with CK Hutchison divide the Hong Kong Island electricity market share, are competing for the market regardless of cost. He was under a lot of pressure.
Because his younger brother is in charge of PCCW, and the power companies he manages are all listed companies, operating at a loss, the stock price will plummet!
According to reliable information, Jing Gao is likely to run a retail business on Hong Kong Island and continue to compete with the Li family. The tentacles of Jinggao's business empire have entered the retail field. Yuanfang Supermarket, in which he has a stake, is currently developing very fast.
Li Jiacheng smiled slightly and said in a relaxed tone: "I will say hello to Richard and don't get involved in this matter. It's not a good thing to rush too far! Last year when Jing Sheng came to Hong Kong Island, I underestimated him too much and made this mistake. . We must correct this! I predict that Jing Sheng will come to Hong Kong Island soon to inspect his business in person!"
Li Zeju felt the pressure go away and smiled: "Daddy, you have to consider arranging a study trip for Richard. Otherwise, Jingsheng will come to Hong Kong Island and be ridiculed by Richard in front of him. This shows that our Li family is not kind enough and has lost our generosity."
Li Jiacheng laughed happily, "No. Richard is an adult and knows how to maintain his grace. Besides, I can't control what he wants to do!"
Li Zeju's wife started laughing. The meaning of what my father-in-law said is quite obvious! Just want to see Jing Sheng make a fool of himself on Hong Kong Island!
…
…
Night falls slowly. Zuo Hao, the head of the Phoenix Fund, and Song Yao, the head of Dayuan Investment, who came to the capital again, met and negotiated in the Chang'an Club.
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In the 1990s, the Chang'an Club was at its peak and was known as one of the four major clubs in the business world. Its members were a passport to the upper class. This club appears many times in the early online sacred book "The Best Young Master".
By late December 2018, this club, which was closely related to Li Huanggua, was naturally in decline.
In fact, the Chang'an Club was ostensibly founded by Ms. Chen from Fuhua Group, the rich woman who married Tang Seng, but everyone knew what was going on behind the scenes.
In the luxurious and private "Sanyuan" box, the exquisite wine and food exudes alluring aromas and are full of color, flavor and taste. It makes people very appetizing just looking at it.
Zuo Hao was forty-four years old, wearing a suit, rubbing his head in a depressed mood, looking at the young man in front of him, and couldn't help but sigh. He felt like he was a rat in a bellows. Frankly said: "
Mr. Song, I really don’t understand what’s the point of putting pressure on me like this? The decision-making power of Phoenix Fund rests with Mr. Jing! He is the emperor and supreme king of the entire huge business empire!
Moreover, haven’t we established a private equity fund, Blackbird Investment? Can accept foreign investment. I've got a new project ready to make some serious money! "
Song Yao is 27 years old. He graduated from Harvard University and worked in a Wall Street investment bank. He has a crew cut, is thin, of medium height, about 1.75 meters tall, wears a pair of gold-rimmed glasses, and is very bookish.
But his eyes are very sharp, giving people a wolfish look. He sat at the square table, ate a quick piece of plain-cut chicken, and said: "Mr. Zuo, Blackbird Investment is just a private equity fund affiliated with Phoenix Fund. This is different from the restructuring of the entire Phoenix Fund to accept external funds. I admit it. Your work is effective, but do you think you can handle it with Mr. Mellon?"
Zuo Hao suddenly burst into emotion and said angrily: "So what if we can't make the payment? In the domestic venture capital industry, no one can make things difficult for Phoenix Fund! Your kid's Dayuan investment is not qualified!"
He worked with Mr. Jing for more than two years and took charge of the Phoenix Fund, which was a great success. In my heart, I have been holding back my anger towards young Song Yao for a long time. Little Yakuza, you teach me how to do things?
What he fears is the capital consortium behind Dayuan Investment. Moreover, he met and talked with Lanny Mellon twice. He indeed agreed with Mr. Mellon's point of view, let professional people do professional things, and transform Phoenix Fund into a private equity fund. He really didn't like Mr. Jing's remote control, interference, and orders over the Phoenix Fund.
But essentially, the fact that he had this intention did not mean that he wanted to "betray" Mr. Jing. He was not that stupid. He just wants to do Phoenix Fund better! Phoenix Fund has invested in many star projects, but the overall rate of return is actually not high.
Just because Phoenix Fund is not a listed company, nor a public or private equity fund, and does not need to publish financial reports, the outside world does not know much about it.
He didn't feel that he would be sold to Mr. Jing in this life. Who knows what will happen in the future? Maybe he will be fired by Mr. Jing. Therefore, in the position of the person in charge of Phoenix Fund, if he performs well, whether it is bonus, salary, or going out to find a job, it will be his capital in the future!
This is his fundamental interest.
Therefore, he does not want to be blocked by various capital consortiums behind Dayuan Capital! The rate of return of Phoenix Fund will further decrease. That's Mr. Jing's trouble. It shouldn't be his.
The problem is, he doesn’t dare to say that in front of Mr. Jing!
Song Yao smiled and clapped, "Mr. Zuo, that's good of you. I hope you can stand up in front of your boss instead of getting angry in front of me!"
I made an appointment with you today to give you an ultimatum. You can convey a message to Jinggao for me: Are you afraid of things in Maple Leaf Country? "
Zuo Hao understood the meaning of these words instantly, and his face turned a little pale. Anyone who is faced with the words delivered by America's "deep state" will feel overwhelmed.
"I will tell you." Zuo Hao took a deep look at Song Yao, picked up his coat and handbag, drank all the liquor on the table, and turned to leave Chang'an Club.