Archived Financial Talent

Chapter 646 A Subsidiary with a Market Value of Trillions

As Ali's cloud computing business was merged into Star Group's cloud computing business, Ali finally solved a problem that was holding it back.

When the news came out, many executives of Ali Company breathed a sigh of relief.

Since Boss Ma took a firm stand in the cloud computing business a few years ago, Ali's annual budget for this department is several times that of other departments.

Even in the most difficult days of Alibaba, the budget of the cloud computing department was not cut.

But many years have passed, and Ali's cloud computing business has been hovering at the bottom, without breaking through the most critical technology.

Now that the cloud computing business has been sold to Xingkong Group, it is also a happy thing for other executives of Alibaba.

After all, these executives all hold shares in the company, and their annual income is the company's dividends in addition to their salaries.

Now that there is no high budget for the cloud computing department, they will get more money every year in the future.

Originally, the cloud computing business of Xingkong Group was already at the top level in China. With the merger of Alibaba's cloud computing business, for a while, there was no second company in China whose cloud computing business could compete with Xingkong Group's cloud computing business. Business constitutes competition.

Star Group's cloud computing business will soon be put into commercial use.

In the following short two years, the profit contributed by the cloud computing business to Star Group accounted for [-]% of the group's total annual profit.

Don't look at the [-]% share as if it is not a lot.

Star Group's current business covers various industries, not only the profits of listed companies attributable to the parent company, but also the profits of those companies that are not listed.

In 2015 alone, Star Group's annual profit had exceeded RMB [-] trillion.

You read it right, this is still profit. If it is sales revenue, it has already exceeded [-] trillion yuan, and this revenue is still rising at a terrifying rate every year.

In 2014, the game subsidiary of Star Group was successfully listed in Xiangjiang.

In 2015, the mobile game industry ushered in a big explosion, and as the largest game company in China, Star Group’s game company started a two-year bull market after its stock price went public in Hong Kong.

The market value of game companies has also risen from 500 billion Hong Kong dollars at the time of listing to [-] trillion Hong Kong dollars.

The game company has also become the third subsidiary of the Star Group with a market value of over one trillion.

The other two are Star Logistics and Penguin.

In the fight between Lin Feng and Li's company, Li Cheng gave Lin Feng all the shares of Penguin Company held by Li Kai.

When Lin Feng held more than 50.00% of Penguin's shares, he held a general meeting of shareholders and began to force reverse repurchase of shares in the hands of many shareholders.

After more than a year, Star Group's shareholding in Penguin has reached a terrifying 70.00%.

As a company listed in Xiangjiang, it is very strange that the majority shareholder holds 70.00% of the shares.

After all, in the open market of Xiangjiang, the voting rights of many Internet companies are not proportional to the proportion of shares.

Just like Boss Ma of Penguin Company, he doesn't hold many shares, but has a high voting right on the company's board of directors.

But these are not difficult for Lin Feng.

When he held 70.00% of the shares of Penguin Company, he used various means to replace all the management of Penguin Company with his own people.

That is to say, the future development of Penguin Company is decided by Lin Feng.

After Penguin's game business was spun off, Penguin's main business is to continuously deepen the entertainment pan-industry.

The film and television industry, online literature industry, and music industry are all the deepening goals of Penguin.

Later, Lin Feng merged Star Group's instant messaging tool 'WeChat' software business into Penguin, making Penguin the leader in the domestic chat industry.

Then, using these huge user traffic resources, it was introduced into other industries reasonably, and Penguin soon became the leader in the domestic film and television industry, online literature industry and music industry.

When Penguin divested its game business before, the company's market value fell below one trillion yuan.

But in just two years, when Penguin once again presented its dazzling financial statements, the share price of Penguin nearly tripled in just half a year.

Penguin's market value also successfully exceeded the market value of 2015 trillion in [-].

Even the analysts of many securities companies are very optimistic about the future prospects of Penguin, and have raised the target price of Penguin one after another.

Among them, Goldman Sachs has the highest price. According to their valuation, Penguin's market value can reach HK$[-] trillion.

Goldman Sachs' quotation for Penguin has surprised many people in the financial world. It is really hard for them to believe that Penguin's market value will really be so high in the future.

But these people soon discovered that they were still too naive.

In the short three years that followed, Penguin's stock price continued to rise like a rocket.

First it broke through the market value of 2018 trillion, and then it was [-] trillion. By [-], the market value of Penguin had broken through to [-] trillion Hong Kong dollars.

Just when many people were regretting why they didn't get in the car at the beginning, and then thought that the market value of Penguin was overestimated, and they dared not continue to get in the car.

In 2020, Penguin once again launched a new way of socializing, subverting the traditional chat mode, and the company's market value has also successfully broken through to ten trillion Hong Kong dollars.

In 2015, Star Group Game Company launched two new games, "King of Hegemony" and "Special Contest".

Although there were many similar games before these two games, after the launch of these two games from the Star Group Game Company, they suddenly became the most popular phenomenon-level games in China.

Walking casually on the street, you can see young people holding mobile phones or standing or squatting on the road playing games, and they don't even stop playing games in their hands even when they are in the car.

Two years later, the Star Group game company officially launched the VR versions of "King of Hegemony" and "Special Contest", which immediately maxed out everyone's circle of friends.

Everyone never thought that the game mode that existed in science fiction movies would become a reality in 2018.

However, to play these two VR versions of the game, you need to buy a game warehouse worth 20 yuan, so not all players can afford it.

However, even if the price is 20, the [-] game warehouses that were originally on sale were sold out immediately after the game warehouse was launched.

At the same time, the market value of game companies has also increased from one trillion Hong Kong dollars in 2015 to more than five trillion in 2018.

When the game company announced that it will launch a game warehouse with no more than 1 yuan in the future, the stock price of the game company skyrocketed, and the market value exceeded [-] trillion.

(End of this chapter)