As time passed, it was the last day of October.
October 31st, Saturday.
Li Dong held a brief board meeting and briefly discussed the issue of the transfer of shares.
This time, Far Away Holdings would divest some valuable assets and hand them over to Li Dong's private fund company to operate.
This included 200 million shares of Tencent shares and nearly 20 million shares of Weibo shares.
The reason why he used nearly 20 million shares was because Weibo's total share capital was only 400 million shares. In order not to reach the 5% announcement threshold, Li Dong slightly reduced the proportion.
The announcement system was common in the stock markets of all countries, including the sign-raising system.
Tencent's total share capital was as high as 6 billion shares, so there was no such trouble.
In addition to the shares of these two companies, Li Dong also transferred 20% of Longhua's shares and 15% of East Star's shares to the private fund company.
Longhua's shares had actually been mortgaged by Li Dong to pay for the 3 billion investment from East Star.
However, the mortgage did not mean that the shares were gone. These shares still belonged to Far Away Holdings.
In addition to these, Li Dong originally wanted to transfer the shares of some production companies controlled by Far Away Mall and Far Away Investment Company.
However, considering that these industries were related to Faraway Group and were relatively large, Li Dong did not make any arrangements at this time.
However, even these properties were worth a lot of money.
Today, Tencent's share price had slowly risen and had reached a range of around 90 HKD.
200 million shares of Tencent were worth more than 16 billion RMB.
Weibo's shares closed at 88 USD on the day of its listing. Now that two months had passed, the current share price was around 95 USD.
20 million shares were worth 1.9 billion USD, which was nearly 13 billion RMB.
As for Longhua's shares, Li Dong held 2 billion shares. Currently, Longhua's share price had been around 8.5 HKD. These 2 billion shares were worth more than 15 billion RMB when converted to RMB.
Although the 15% shares of East Star were not listed, the outside world felt that East Star Group had a lot of room for appreciation in the future.
Adding the first three together, his net worth was already 44 billion yuan.
Excluding the value of East Star, Li Dong's private fund had to bear the debt of 3 billion that Longhua had mortgaged. Even if the 15% of East Star's shares were excluded, the wealth controlled by the private investment fund still exceeded 40 billion.
A fund company with more than 40 billion in assets is beyond everyone's imagination in China.
As for the mysterious Victoria Harbour Foundation, it was still unknown how much wealth it held.
The tycoons had a wide range of investments and were very diverse.
As a private fund, there was no need to disclose any data to the public. Therefore, the wealth of many tycoons could not be seen from the surface.
Of course, Li Dong and the others were an exception.
As a rising tycoon, their wealth was more transparent.
Even if it had been transferred to a private fund company, everyone could tell from some changes.
However, with the passage of time, various changes in equity, as well as private funds investing again, in the later stages, the outside world was no longer clear about the specific data.
More than 40 billion was not a lot for Li Dong's total wealth. So far away, it was not a lot either.
So far away only lacked cash, but he did not lack the wealth on paper.
Tencent and Weibo's market value were now in the hundreds of billions, close to the trillion-dollar mark. So far away did not have much of an impact on them.
…
As the board meeting ended, the next step was the handover and change procedures.
Naturally, Li Dong did not need to worry about these things.
After the board meeting ended, Li Dong was also relieved.
At least, his little vault was full again.
Previously, he was almost penniless.
The remaining money from last time was used to buy Longhu's shares. In Longhu Real Estate, Li Dong still had 100 million shares, which was considered Li Dong's only personal savings.
And this time, Longhu's shares would also be merged into the fund company by Li Dong.
Thinking of Longhu's shares, Li Dong naturally thought of Longhu Real Estate.
Initially, these real estate companies were preparing to be listed in August.
But at that time, Longhu had just been listed, and Longhu and Evergrande chose to wait.
Now, it was November, and Longhu announced to the public that Longhu would be listed within these few days. These days, Li Dong was very busy and forgot to ask about this.
Thinking of this, Li Dong took out his phone and called Wu Yajun.
When the call was answered, Li Dong laughed. "Sister Wu, congratulations!"
Wu Yajun chuckled and said, "I thought you had forgotten about me, your sister. But since you've been busy recently, I won't argue with you. At least you still remember that Longhu will be listed … "
Li Dong was slightly embarrassed. He knew that it would be listed within these few days, but he had forgotten the exact date.
Wu Yajun did not think much and simply mentioned that Longhu will be listed on Monday, which is November 2nd.
Currently, the preliminary preparation work was completed.
The issue price was set at HKD 7, and 1 billion shares will be sold globally, reaching a total of 5 billion shares.
Li Dong previously spent 500 million to take over Longhu's 100 million shares, and according to this issue price, he can only make a small profit.
But if Longhu can also rise, it will not be a small profit.
Wu Yajun was not as ambitious as Li Dong. Hearing Li Dong mentioning her expectations, Wu Yajun laughed. "My requirement is not that high. It is enough to reach Longhu's current share price."
Reaching Longhu's share price does not mean that the two companies' market value is the same.
Longhu has a total of 10 billion shares, and Longhu only owns half of the other party's shares, which means the market value is half of the other party's.
Li Dong heard this and laughed. "Sister Wu, why are you so timid now? Longhu and Longhu are not that far apart in the past. It shouldn't be this bad, right?"
Wu Yajun sighed. "It was not big before, but it is getting bigger now.
Recently, everyone has been saying that this era belongs to you young people.
I didn't think much of it in the past, but now that I think about it, it makes sense.
Take Longhu as an example. A few years ago, it was not as strong as Longhu, but Hsu Shengzhe has been bold and decisive these few years.
During the financial crisis, Longhu took over some of Yurun's businesses.
After that, to get listed, Longhu took over all kinds of commercial real estate investments …
In the next few years, Longhu will have to invest more than 100 billion.
Although Longhu wants to do this, I think it is better to play it safe, so I don't dare to do it.
Regardless of whether Longhu can succeed or not, Hsu Shengzhe has the courage and means. Now, there is a gap between Longhu and Hsu Shengzhe. "
Hsu Shengzhe is bold, and the other real estate companies are not timid, but they are not as generous as Hsu Shengzhe.
This fellow had staked everything on one throw, mortgaging everything of Long Hua to the future.
Once the real estate market declines in the future, other companies are fine, and it is not too difficult to survive.
As for Longhu, once it encounters such a crisis, the chances of it surviving are much lower.
However, the courageous will die, and the timid will die. Hsu Shengzhe is bold, and once the real estate market exceeds expectations in a few years, Longhu will also be the biggest one.
Wu Yajun sighed. Li Dong also smiled. "Xu Laoer is a little bold, but he is more gambler than me, so it is not necessarily a good thing. No matter what, I still hope that Longhu can do well, and I will also make a fortune. "
"If you can come, the hope of good results will be higher …"
Wu Yajun laughed. Li Dong said helplessly, "I am afraid I can't go. These days, there are more things to do, and Sis Wu knows about me. Now, Far away is in a mess, and if I do not come to the company for a day, there will be trouble. "
Wu Yajun also understood his situation, or else she would have invited Li Dong to participate in the bell ringing ceremony.
Although she said that with expectations, she knew that the possibility of Li Dong not coming was higher.
Now that she was rejected, Wu Yajun was not angry, and said with a smile, "Then do your work. I have a headache now, and I can't help you too much. But after the listing, Longhu will benefit, and I will help you boost your reputation. "
"Then I thank you in advance, Sis Wu."
"…"
The two chatted for a while, and then Li Dong hung up.
…
Soon, it was November.
On November 1st, because it was the weekend, the stock market was closed, and the war in the financial market eased a little, and there were no more new news.
At this time, Far away did not seem to care too much about the stock market, and continued to promote the November 11th shopping festival according to the established plan.
Just ten days before the Double Eleven, Distance's MantCom once again added a group of exclusive and consumer loan users.
The customers who had originally opened the account had their temporary quota increased.
In this regard, Li Dong also learned from Old Ma.
Online shopping, using money that did not belong to them to buy things, people could be more relaxed.
Of course, in the end, they still had to cut off their hands, after all, they had to pay back the money they borrowed.
In addition, Weibo and other online businesses Far away also opened the entrance to the mall, providing all the convenience for customers.
On the mobile side, Far away did something on WeChat.
They opened the WeChat Moments function, and took the opportunity to start an official promotion in their circle of friends, including the instant sale of various products, advance booking …
Apps such as Far Away also continued to increase the quota of red packets.
Discount coupons, full discount coupons, and cash red packets also began to be widely distributed.
Some discounts were the profit margins given by the manufacturers.
However, there were some discounts that were subsidized and distributed by Faraway Land itself.
This time, Li Dong was prepared to not make a profit, and was prepared to not make a profit.
No matter how many hundreds of millions he achieved on November 11th, he was not prepared to make a profit, and he would use whatever he made as a subsidy.
The profit level of the online mall was actually not low, relatively much higher than offline, and 10% was only the average level.
According to Li Dong's 100 billion, he would usually make 10 billion if he sold 100 billion.
But this time, Li Dong was not prepared to make a profit, as long as he could maintain the cost and operating expenses.
These profits would be used to subsidize the users, and the rest would be used to subsidize the logistics.
November 11th was also a test for Far away's logistics.
Fighting a price war, a quality war, and a logistics war. The combination of these was the foundation of the e-commerce war.
Otherwise, no matter how low the price, no matter how good the quality, the logistics could not keep up, and the goods would only be delivered after ten days to half a month. Far away's reputation that had been built up in the early stage might also fall as the service could not keep up this time.
If that happened, they would be criticized instead.
Far away had entered the final stage of all kinds of preparations for November 11th.
At the same time, Ali kept increasing their investment and publicity, and had no intention of giving up.
Even though their ally, Da Shang Group, could no longer fully support them like before.
But under Niu Gang's insistence, Da Shang reluctantly agreed to give Ali their greatest support during the few days of November 11th.
Suning, too, had no intention of changing their minds.
…
November 11th was very popular outside.
Even in some rural areas, some old people could be heard talking about it.
This was also the convenience of Far away's strong offline strength, and they even organized publicity teams all over the country.
The local offline stores specially organized a team to go down to villages and towns to do publicity for November 11th.
In reality, even if the local people placed an order online, it was most likely that the local offline stores would deliver the goods.
This way, it would weaken the offline sales.
But Far away wanted to create an unsurpassable miracle, and they did not care about this at this time.
Even the chairman of Far away Retail, Chen Lang, repeated several times in the high-level meetings that they had to cooperate with the online publicity and promotion, as well as the delivery service in the later stages!
Although this time's performance did not count as a part of the retail group, as a part of Far away, defeating their opponents online was also very beneficial to the retail group's future development.
Moreover, Chen Lang also knew that Li Dong had always intended to integrate the online and offline stores together.
They had integrated once before, but because of the running-in problem, in the end, Far away E-Commerce was split up again.
This time, if they cooperated well, in the future, the electronic shopping mall would very likely be integrated into Far away Retail.
Once it was integrated, the strength of Far away Retail would increase once again.
Considering what would happen in the future, and the importance that Li Dong placed on this e-commerce war, Chen Lang naturally would not set any obstacles.
For a moment, it seemed that everywhere in Hua Xia was preparing for an online shopping festival.
Consumers rubbed their palms together. There were still ten days until the promotion day, and many people's shopping carts were already filled with goods.
Some people who originally planned to buy things in the near future, unless they had to buy it now, began to stock up and prepare to buy it on that day.
Now, when many people met each other, their greetings had also become, "What are you going to buy on Double 11? How many things are you going to buy? "
East Star Entertainment made use of their star resources, and their artists were also assigned tasks to help with the promotion of Far away Shopping Festival.
Whether it was holding a concert or participating in a variety show, they had to forcefully promote the Far away Shopping Festival after attending a concert or a variety show.
Although celebrities did not have much influence in the eyes of Li Dong and the rest, for many fans, they were everything to them.
Whatever they wanted to buy or promote, it was very easy for them to get the public's approval.
Leading artists such as Yang Si even opened their own online stores and did promotions on Weibo and various programs, allowing their fans to participate in the shopping on Double 11. It was not for money, but for those who participated in the shopping, they could even get their autographs for free.
Even a few artists who were preparing to hold a concert would no longer sell their tickets online. Instead, they would book them through Far Away Mall, and they would go on sale on Double 11.
For a moment, everyone was paying attention to Double 11.
Now, it seemed that this day was originally a festival.
Some old people, looking at the enthusiasm of the young people, couldn't help but sigh that it was no different from the New Year.
And the saying of "Singles' Day" also began to spread on the Internet.
Of course, now the shopping had not begun, otherwise, more people would say "Chopping Hand Festival".
Hua Xia, or the world, ordinary people actually had a herd mentality.
When everyone was doing it, if you didn't do it, you seemed to be behind the times.
Now, the whole people were talking about Double 11. Even if they did not know or did not understand, at this time, they would subconsciously understand and contact.
What's more, Far away was very confident. QQ, PP, WeChat, Weibo, Wan Tao …
These things were used by everyone in daily life.
And the advertisements of the promotion festival were also everywhere.
In terms of these aspects, Ali had been left behind.
Ali did not have so many resources to use. Compared with Far away, from the beginning, they fell into a disadvantage.
…
Feeling this scene, Ma Yun, who was far away in Lin 'an, felt a little helpless.
In the heavy snow of 2008, he said, "It's not the fault of war."
Now, he still wanted to say this sentence!
It was not that Ali did not compete, nor was it that Ali really lagged behind in e-commerce Far away.
Compared with capital, violence of money, and various other aspects of resource support, Ali was far worse than Far away.
A huge offline system, abundant cash flow, the world's number one IT industry, and a long time of preparation in advance …
Compared with Far away, Ali seemed very stingy.
Ali, who claimed to create a global shopping festival, was suppressed by Far away in Hua Xia, not to mention the global market.
At this moment, it was just November.
In November, it was not winter yet.
But Ma Yun, who was standing by the office window, still subconsciously wrapped his clothes and murmured, "This winter is a little cold!"
And he was not wrong. This winter seemed to be a little unusual.
It was only November, but there were signs of snow in Lin 'an, which was located in the south.
Looking at the somewhat gloomy sky, Ma Yun's heart also had a shadow.
Once the weather changed during November 11, Ali's logistics could not withstand the test, and then Ali's logistics system would probably collapse.
Compared with Far away's logistics, which had many experiences and could even make achievements in the heavy snow of 2008, Ali's new logistics system was very fragile.
"Does God still want to help him again?"
Ma Yun seemed to be crying and laughing at the same time. Ali, which was originally in a weak position, once faced with rainy weather, rain and snow, it would be even weaker.
It was only November!
There were signs of snow in Lin 'an. How terrible!
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