Rebirth of Hong Kong's tycoons, shorting Eagle Sauce

In May 2004, Shanda successfully listed on the NASDAQ stock market in the United States. The offering price of $17 made Chen Qiao the richest man in the mainland of Forbes with a net worth of 15 billion. Just when people were talking about the CEO of a game company becoming the richest man in Longguo. In June, Penguin Network completed its listing in Hong Kong. This time, Penguin, which showed its potential to swallow money, received an offering price of 10 Hong Kong dollars. Moreover, many people with investment vision saw that Penguin had more potential than Shanda, and its stock price would definitely be higher than Shanda in the future. So Penguin stock suddenly became a hot commodity in the market. Penguin's stock price rose all the way, and with the increasing popularity of the stealing game, Tencent's market value also rose all the way. Wangyi, Shanda, and Penguin ranked the top three Internet listed companies respectively. Longguo's Internet suddenly had a trend of dividing the world into three parts. Some people noticed that all three companies had investments from the White Dragon Consortium. The combined wealth of Chen and Ma could not catch up with that of Wang Lei.

After Chen became the richest man, his life was not easy.

Many people attacked him for poisoning the future flowers of the motherland, and the official newspapers criticized him by name.

Some players even confronted Shanda with gasoline because of poor customer service, which caused extensive burns.

Chen felt very aggrieved. NetEase and Penguin both made games to have their current market value.

Why did everyone stare at him and criticize him, causing him to be unable to bear the pressure of public opinion, mentally collapsed, and be dazed all day, not happy at all.

Wang Lei, who had been watching, decided to be a spiritual mentor to enlighten Chen and prevent him from going astray.

"Mr. Wang, you came to see me."

Chen felt that the pressure was too great. He always felt that someone wanted to kill him, but he had no wariness of Wang Lei, who had more wealth.

"Mr. Chen, you are suffering from a heart disease."

The haggard-looking richest man Chen nodded and sighed:

"It's lonely at the top."

On the one hand, he had to worry about official sanctions, and on the other hand, he was worried about Shanda Network being boycotted by the masses.

"Mr. Chen, listen to my advice. When you encounter a problem, you have to solve it. It's useless to hide."

Mr. Chen looked tangled. He looked at Wang Lei and asked:

"Mr. Wang, how did you and Mr. Wang become both rich and respected?"

"Of course, it's by doing more good deeds, not asking about the future, taking from the people and using it for the people."

"Do you mean I should donate more?"

Wang Lei smiled:

"This is only one aspect. You have to use the money in the field of Dragon Country's science and technology, such as artificial intelligence, medical field, aerospace engineering field..."

Mr. Chen immediately understood what he meant. If others doubt you, the best way to break the doubt is to use the money you earn in the field needed by the country, instead of hiding in the hospital of the beautiful country.

He nodded and said:

"I know what to do!"

After another half a month of psychological counseling, Chen, the richest man, announced two pieces of news.

"I will donate 1 billion to Longguo University of Science and Technology to study computer technology and artificial intelligence!"

"Shanda Games will guide young people to play games in moderation... The board of directors decided to use half of the profits from the games to build Hope Primary Schools to improve the lives of people in mountainous areas."

These two pieces of news immediately became a hot topic.

At this time, 1 billion is indeed a huge sum of money. Chen, the richest man's Shanda, has just been listed for a short time, and his money is indeed an indisputable huge sum of money.

And his attitude of admitting mistakes is good, which can be regarded as a good example for Longguo's game manufacturers.

Other companies have expressed that they will donate part of the game profits and add game time limits.

Public opinion and controversy disappeared immediately, and all walks of life gave Chen, the richest man, a high evaluation.

Wang Lei was still very happy at first. In his previous life, when Chen, the richest man, went to the United States for treatment, he developed a strong interest in brain science and invested 7 billion in the University of the United States.

Whenever it is mentioned, it is questioned, why not donate to China, but to foreign countries.

This caused Shanda to completely lose the support of the people, which may be one of the reasons for the disappearance of Shanda Network.

What makes Wang Lei speechless is that after Chen Qiao, the richest man, solved his problem, he started to think about Shanda Box.

When mentioning Shanda Box, Wang Lei couldn't help but curl his lips. He spent 1 billion yuan in total, priced it at 6,000 yuan, and sold 20 units with 100 million yuan...

6,000 yuan is equivalent to three months' salary for white-collar workers in big cities.

Needless to say, these 20 units were purchased by Shanda executives and internal staff.

This concept is too advanced. If Chen Qiao didn't know the real-name system of games, Wang Lei would think he was a not very successful time traveler.

Seeing Chen Qiao's determination, he let go.The meaning of a gamble.

Wang Lei thought for a while before saying:

"Your Shanda Box is stealing the jobs of TV stations. If you really want to do it, you will definitely be sanctioned by the State Administration of Radio, Film and Television!"

This is indeed the case. Not long after the Shanda Box was launched, the State Administration of Radio, Film and Television issued a ban prohibiting the display of online videos on TV sets without permission.

This became the last straw that broke the camel's back for the Shanda Box, causing a large amount of money invested by Shanda to go down the drain.

Hearing what Wang Lei said, General Manager Chen Qiao immediately realized the seriousness of the problem.

The existence of Shanda Box is challenging the entire TV industry. Shanda Network, which has just gone public, has no ability to face the siege of the entire media industry.

"Have you ever thought about the cost of doing this? The current Internet speed and the development of video websites cannot achieve the effect you want. It's not that you are not allowed to do it, but it is definitely not the time to do it."

Hearing that Wang Lei was not optimistic about this project, Chen Qiao's will began to waver.

He nodded and said:

"Then I can integrate online novel websites and create Oriental Disney."

"Of course, but since you have decided to do this, you have to do it thoroughly. People in Longguo have low copyright awareness. According to my idea, all novels should be provided to users for free!"

Chen Qiao was shocked by Wang Lei's proposal and asked:

"If it is free to read, where will the platform's income come from? The author has no income, and his enthusiasm for creation will also be affected..."

"You can do it by placing advertisements. The most important thing is that if you read for free, piracy will not exist, and the number of users will increase greatly.

The most important thing is that you don't have to worry about other capital challenging your position as a reading giant."

"Completely free can not only turn pirated users into genuine users, but also attract and cultivate the public's interest in reading, and increase the number of online novel users to a new level. You can incubate limited works through the reading platform, and then make them into film and television, animation, isn't this the Oriental online Disney you want?"

Chen Qiao's eyes lit up:

"Okay, then we will do it for free!"