Reborn Entrepreneurial Giant

Qu Li's trip to the United States ended. Lei Jun flew from Europe to Dongying, and finally made an appointment to go to Xiangjiang together to meet Xiangjiang and Huang's controller Li's family. Qu Li has been to Xiangjiang many times, but he has never been to Li's house. Lei Jun is a man Hou Dao felt that he should visit this senior.

Li Bancheng's family is well-known in Xiangjiang. They have been the richest Chinese for more than ten years. Their industries are spread all over the world, and their foundation is very deep. However, a businessman like him is of no benefit to the country, and there are many people who can replace him. But entrepreneurs like Ren Zhengfei, Wang Chuanfu, Ma Yun, and Dadongzi are the foundation of a country.

From big to small, in terms of business achievements, Li Bancheng is definitely a business idol. Hutchison’s port business is the third largest terminal operator in the world; Watsons is the world’s top beauty and healthcare retailer; and public utility investment.

Li Bancheng's confidante, Ms. Zhou's investment in Victoria Harbor is not considered the Li family's property, but Li Bancheng is an important investor, and the venture capital business can be carried out globally, which is somewhat in the Li family's credit. Qu Li also considered the Li family's influence in Europe before introducing their investment.

This time when he and Lei Jun went to Xiangjiang, Li Bancheng personally greeted him and invited Rang to Li's house for a family banquet. This time, Qu Li did not refuse. He always felt that he was not the same as these old-fashioned tycoons.

But he is just a common man after all. Operators may still ask for Honor and IPhone this year, but after 2010, this situation is likely to reverse, and mobile phone brands beg for operators.

At this time, it is necessary to establish a good relationship with the operator in advance and establish a long-term mutual trust mechanism.

In the Li Family Courtyard, Qu Li saw his two sons, they had a simple meal and chatted about some homely things without drinking or drinking. Li Bancheng talked about family affairs unknown to outsiders, and Qu Li also talked about his own troubles. He had Chen Danlin and Zhang Yiwen who grew up with him, and they were still looking for flowers and women outside, and they didn't want to get married.

"Honor sells so well all over the world, what makes you have a sense of crisis?" Li Bancheng still asked about the business

"Normal logical reasoning, the United States has never been a complete market economy. According to the information we have received, fruit companies may launch unconventional competition methods and use administrative means to intervene in competition. But Glory happens to be a mid-level brand..." It doesn't matter if it's true or not, anyone can throw dirty water

"Then how do you deal with it?"

"If you want to add guilt, there is no excuse. First try to make up for your own accumulated shortcomings and focus on defense. But manpower is sometimes poor, and the European, Japanese and Korean markets are more important..." Qu Li does not want to give up the US market, and there will definitely be compromises

"No wonder Solina (Ms. Zhou) always praises you in front of me..." Li Bancheng

"Thank you, if I was really smart, I wouldn't build cars." Qu Li laughed at himself

"There is never a time when people don't commit crimes. If they really can't, you still have a chance..."

Of course they won't discuss it in depth.

Leaving Li's house after dinner, Little Superman Richard (English name Richard), who hadn't spoken to him, suddenly called him and asked him out for a drink. Qu Li didn't care, he came to a private club and met Richard.

"I'm sorry to interrupt you." Richard's luck is bad, and he and China Unicom wanted to privatize PCCW, but they did not expect to be rejected due to improper operation. A few years ago, he wanted to sell PCCW, but was rejected because of Li Bancheng's intervention. It can be said that this mobile operator with a heavy burden is in his hands.

As for the story of Richard and PCCW, I won’t go into details here. This matter has a lot to do with the Cyberport he manages, and he has the background of the Li family, but he himself agrees that it is very powerful.

"Are you controlling Vision Investment?" Richard asked straight to the point when he came to an empty room

"What's wrong?" Qu Li was puzzled.

"you answer me first."

"When I need them, they help me with some things, and some of my investments will be linked to their names." Qu Li did not lie, but it was not comprehensive.

"Then can you influence their investment decisions?"

"Investments related to me can affect, such as Facebook, but I don't know about most things, and they don't need to notify me." Qu Li is getting more and more strange

"Hey, forget it~~" Richard

Qu Li didn't ask, because he didn't want to make trouble for himself, but after returning, he still consulted with Sun Jianhe. It turned out that both of them had taken a fancy to Pinebridge, an asset management business under AIG, and both parties wanted to win it, so they started bidding .

Richard Yingke's expansion is backed by the richest Chinese man. Vision Investment has recently gained fame. There are many old employees of the Lehman department under it. Now they are very concerned about the asset management business.

"Do you want to avoid it?" Sun Jianhe didn't know what Qu Li was thinking, so he asked cautiously

"No, it's not Li Bancheng." Qu Li thinks AIG's assets are very attractive, but the most realistic one is Pinebridge, an asset management company that manages about US$90 billion in assets. Hedge funds, stocks of listed companies, and fixed income have a more complete talent team and organizational structure than Vision Investment.

"Then I understand, but there is one more problem..."

"what is the problem?"

"The acquisition of Pinebridge may cost US$500 million, and the company's own funds are not enough unless we cash out our investments in crude oil, copper and gold now."

"Thinking about me again? I'm not reconciled if I don't empty it out?" Qu Li suddenly felt bad

"No way, it's true. Many of our previous investments were made with our own funds, and the acquisition of Pinebridge is not for cashing out..." Sun Jianhe hastily shirked his responsibility

When Qu Li thought about it, the investments he led seemed to be long-term investments and would not be cashed out in the short term. As long as the acquisition of Pinebridge maintains the stability of the team and funds, and the market stabilizes, according to the scale of 100 billion US dollars, it can make a stable net profit of 100 million US dollars a year, and it will soon pay back.

"When we need money, transfer our funds back from Europe." Qu Li is no longer so eager to invest in Infineon. The time is still long, and there will be opportunities in the future.

"Aren't you going to invest in Infineon?" Sun Jianhe was not sure, this matter has been in operation for more than half a year

"It's the best if you can invest, and buy if the price is right. This kind of big company is not easy to die. Volkswagen, BMW, and Mercedes-Benz are all German companies..." Qu Li can guess a thing or two even if he doesn't know how Infineon will overcome the difficulties. First, exclude mobile phones. For the baseband chip business, Qualcomm is the one with high performance, and MediaTek and Spreadtrum Communications are the low-cost ones; the automotive chip business is the easiest to support for the rest.

Qu Li was right. GM of the United States went bankrupt, Ford was in trouble, Freescale's automotive electronics revenue dropped rapidly, and Infineon became the industry leader.

The two chatted for a while, but it was a pity that the prospects were not strong enough, and it would be useless if they couldn't eat the delicious food in front of them. The stocks of Blackstone Fund are the easiest to get, but the approval of Blackstone's management is required. The aircraft leasing business needs the help of state-owned assets, but the price of second-hand aircraft is still falling, and it is difficult to value it.

"Prudential Insurance in England wants to acquire AIA..." Sun Jianhe

"We have no money. When they go public in Xiangjiang, let's join in the fun..." Qu Li really wants a large-scale insurance company, but unfortunately, lack of money is a big problem.

How could Qu Li earn less than 30 billion U.S. dollars in a short period of time, and the leveraged buyout would have to be 10 billion U.S. dollars, and it would not be enough to sell Glory.