Reborn Entrepreneurial Giant

Before Sun Jianhe left Beijin, Charlie Li of PCCW flew to Beijin to meet Qu Li again for the matter of Pinebridge.

Li Bancheng has not yet separated his family at this time, and Li Charlie cannot inherit feldspar, so his property is only worth a little in PCCW, and there is not much value in making good friends.

Moreover, this guy is not a good person. He wanted to privatize PCCW at a low price during the financial crisis. He played a lot of tricks for this, was reported by "minority shareholders", and is still in lawsuits, causing a lot of trouble.

Let's put it this way, Li Charlie is a pure businessman, and everything starts from profit, while Qu Li is an entrepreneur, his career comes first, and making money is a incidental thing. Well, it's hard to say if it's true, let's just say it, let's just listen to it.

Honor cooperates with Huang, even if it is to establish a personal relationship, it should be with Li Charlie's eldest brother, but now it is a seller's market, and the supply of mobile phones is in short supply. iPhone Honor occupies an advantageous position when cooperating with operators. Xiangjiang visited Li's family, and only then did he truly establish a personal relationship.

Li Charlie really doesn't have much face with Qu Li, if he wants Pinebridge, it depends on whether he can afford the price.

"There is a commercial real estate project Yingke Center in Beijin, which can be transferred to Yuanjing..." Li Charlie took out his high-quality assets

"Sorry, Vision Investment does not need commercial real estate." Sun Jianhe declined

"I really like Pinebridge very much. I don't know if you have any difficult things to do. Even if I can't do it, my father can help solve it." Li Charlie pulled the tiger's skin

"Why don't you sell PCCW to Vision Investment at the price of privatization?" Qu Li made a little trouble for Li Charlie. I admit that Li Bancheng is very strong, but in a few years everyone will be at the same level. Can the rich second generation who inherit the right threaten to cheat?

"PCCW, who wants it?" Charlie Li asked subconsciously

"Who else? I want it."

"Hey, PCCW doesn't seem worth it..."

"Of course I know that this is a sunset industry with very limited growth potential, but Jumei has a new business called cloud computing, which I think has great potential for development... The foundation of this business is a data center, which requires broadband network access... " Qu Li was very frank, anyway, even if he told Charlie Li all the facts, he would not be able to develop cloud computing.

"Yingke Telecom is in China...do you want to rely on Xiangjiang to develop international business?"

"Basically, Jumei has been an international Internet company from the very beginning."

Telecom operators have not been a sunrise industry for a long time. PCCW has been burdened with heavy debts because of Charlie's outstanding financial skills, and it is difficult to turn around. problem did not work. Later, the cans were broken and the core telecommunications business was spun off and listed.

Even without mentioning these, PCCW has a monopoly advantage in fixed-line and fixed-line telephones, and its mobile phone business has a market share of less than 10% in Hong Kong. The revenue of the entire telecommunications business is about 17 billion Hong Kong dollars a year, but the debt is about 45 billion Hong Kong dollars. Did you say it was Spicy Chicken Company?

"Do you want to take advantage of this acquisition to become a naturalized Xiangjiang?" Li Charlie said again

"Is it okay?" Qu Li was quite moved, "Don't worry about it so much, just say whether to sell it or not. It's impossible for me to buy it at a premium. According to your privatization..." Qu Li doesn't like dealing with smart people PCCW distributed a special dividend of 1.3 Hong Kong dollars after the failure of privatization, and the stock price fell to around 2 Hong Kong dollars. It was impossible for Vision Investment to purchase it at the price of 4.2 Hong Kong dollars when they were privatized, so they gave an offer of 3 Hong Kong dollars.

"The price is too low!" Li Charlie shook his head

"Forget it, anyway, buying PCCW will not make any money." Qu Li didn't care.

"..." Li Charlie decided to take a gamble

Qu Li didn't talk about business with Li Charlie, but chatted about gossip. This year, Qu Li had a daughter, and Li Charlie gave birth to a son with a female celebrity. Sex is nothing. Even the Xiangjiang media are discussing it. Some media reporters from the European Union used his bet to question the officials of the European Central Bank, whether the European debt crisis will break out? was refuted.

Although Qu Li is a successful entrepreneur, the authority of EU officials is obviously higher than him. Many people ridicule him, and young people are ignorant.

Li Charlie asked him about the European debt crisis, Qu Li said that he didn't know, he could ask Xie Hailiang, well, someone from Xiangjiang has already invited him to give a speech. It is said that there are also hedge funds that are shorting Greek government bonds. What's more, Vision Investment has funds invested in the shorting hedge funds.

We must know that the scale of Greek national debt is about 300 billion euros, and the ten-year national debt yield is about 4.5%. By 2012, it will rise to more than 40%. . It should not be difficult to short 1 billion euros with leverage, right? Earning 100 or 200 million a year is not too much, is it?

Of course, these things have little to do with Qu Li, and he doesn't understand hedge funds. Li Charlie did not give a positive answer, Sun Jianhe had to make two-handed preparations, and Qu Li went to Juyun Technology to understand the situation.

Here I have to admire Qu Li's wise and decisive. As early as 2008 when Juyun Technology was established, he applied for IDC and ISP licenses. After that, the Guo family suspended the application for these two licenses until 2013. Re-opened.

That is to say, in the past few years, even if Amazon, Microsoft, and Aliyun want to develop the domestic market, they have to find other companies with licenses to cooperate. As long as Juyun Technology has money, it can be many years ahead of its competitors.

It is a pity that IDC data center is an asset-heavy industry that requires a lot of capital investment. Although Jumei has successfully raised funds, the money is allocated to Shopee first, followed by domestic e-commerce and logistics, followed by financial payment and information security, and allocated to cloud computing and IDC. Funding for data centers is scarce.

Qu Li wanted to acquire PCCW on a whim, but there is also a theoretical basis. Cloud computing must reduce latency, that is, the network speed must be fast, so optical fiber transmission must be used.

In the future, Google, Amazon, Microsoft, and FB will compete to build free submarine optical cables, but Aliyun seems unable to build this kind of communication infrastructure in China, and can only rent it. The cost should be much higher than that of cloud computing companies in the United States.

If it is possible to acquire PCCW, it is hard to say in China. At least foreign markets can use this platform to participate in the tide of transnational submarine optical cable construction. Of course, the most important thing is to facilitate participation in overseas data center construction. If a competitor cuts off the network and power, because Poor management causes long-term downtime, which is troublesome.

Ahri Cloud Xiangjiang users have been down for up to 24 hours. The disadvantages of renting a third-party data center are obvious. If they are all self-owned companies, the probability of problems with Jumei Cloud can be reduced to some extent.

Qu Li came to Juyun Technology to appease the emotions of Wang Jian and others. Their cloud computing public beta has been tested for more than a month, and there have been many problems, so the funds arranged by Lu Qi for them may be reduced. It is a time when they are depressed.

The good news that Qu Li gave them was that he and Envision Investment were responsible for the investment in the construction of the IDC data center. By the way, discuss with them the site selection criteria for the IDC computer room. It is safe and stable, and the electricity bill should be low. It is best to save energy and electricity...

A few days later, Charlie Li came back. After all, he wanted Pinebridge more, and he didn't like PCCW. This time, he found Qu Li and agreed to sell PCCW, and wanted to increase the purchase price to HK$3.5.