Chapter 132 After the Storm, Penguin's Major Shareholder [Subscribe! ]

September 2008, 9, the Mid-Autumn Festival is just a few days away.

Wang Chengguang and his team rushed to the airport with their luggage. This time they would arrive in Pengcheng first. Nearly twenty days ago, they had their first discussion with two people from DJI about investment.

After they left Xinghuo, they contacted and negotiated several times through phone calls and emails, and finally reached an agreement. Wang Chengguang personally invested 1000 million yuan and held 25% of DJI.

It was Wang Chengguang who invested personally, not Xinghuo Media or Xinghuo Weibo.

Wang Chengguang flew over today intending to sign the contract.

Of course, a few days later was 915 when Lehman Brothers went bankrupt, followed by a global stock market avalanche.

After Pengcheng, he will take the train to Hong Kong Island as soon as possible.

In a Volkswagen Phaeton, Gu Jingjing was driving, while Wu Xiaowei and Wang Chengguang were sitting in the back seat. Looking up, Xiaowei asked in confusion, "Did you bring 12 male and female bodyguards with you to Hong Kong Island this time?"

"The three of us have four bodyguards each? Is it necessary to be so exaggerated? I heard from my brother that the safety and security in Hong Kong Island is pretty good."

Wang Chengguang laughed dumbly, "Compared to when your brother lived in Thailand, the security in Hong Kong is certainly good, but when it comes to business wars, it's hard to say."

Since the end of the Olympics on the evening of August 8, Wang Chengguang's Spark Media, mainly Spark Weibo and Game Center, have experienced five attacks by foreign hacker teams.

Although the issues were eventually dealt with by the two large teams of 360 and Kingsoft, the original network security department within Xinghuo also learned a lot and gained more insights.

But to some extent, it also affected the user experience during the attack period.

These things have not been announced to the public, but they are a business war at the level of pulling out the internet cable!
When he left Beijing for Hong Kong Island, it would not be a bad idea for him to bring a few more bodyguards with him. Even the hotel where he would stay was arranged by the leaders of ICBC in Hong Kong.

After all, he owed ICBC 20 billion Hong Kong dollars!
Before leaving today, Wang Chengguang once again mortgaged 10% of Xinghuo Weibo and raised a second billion through loans, intending to continue using it for short selling.

How can short selling make money? For example, Alibaba B2B was at its peak at HK$41.8 per share, but from before 915/3.46 to October, it fell all the way to HK$ per share.

Wang Chengguang sold short at a high price, but he did not hold the stocks, only the contract. He would wait until the price dropped to three or four Hong Kong dollars per share and then buy back to make up for the loss.

This round trip, not counting the handling fee paid to Jiahui Global Investment Group, means he made HK$38 per share.

This does not mean using leverage, but simply short selling.

Theoretically, if he targets Alibaba B2B, without taking into account the handling fees, he can make tens of billions of Hong Kong dollars in profit with a capital of 10 billion.

This is because it is impossible for you to short every share at the highest price, and it is impossible for you to buy back every share at the lowest price. The limit is to make 38 yuan per share excluding commissions, and in reality you can only make a little over 30 yuan per share.

But if you use leverage of 1 billion, you can make tens of billions.

Of course, Alibaba’s trend still needs to be viewed in the long term of two to three months. It is impossible for it to open a high leverage, otherwise it will be liquidated if there is a big shock.

Alibaba B2B is the best example in this financial storm.

It fell the worst!
Big Penguin, including South African Newspapers, also suffered a severe fall, but Big Penguin has a gaming department. After the gaming department became the agent for DNF, it made a lot of money from gaming in 08, similar to how Xinghuo Weibo made money by relying on Happy Farm and Plants vs. Zombies.

The brutality and bloodiness of the Big Penguin is much less than that of Ali.

The same is true for South African Press, which holds a 33% stake in Penguin, which is its biggest gold mine and market value.

Wang Chengguang borrowed another billion because he wanted to buy more shares of South African Newspapers and Big Penguin after making a profit from short selling.

This time, 10% can be used to loan 8 billion yuan. In August, the games alone made a gross profit of over million yuan. This kind of blood-making ability is terrifying.

During the Olympics, tens of millions of new users made crazy spending contributions in the game.

This will also have a different impact on the valuation of Spark as a whole.

No matter whether you make tens of billions or hundreds of billions in the short-selling trend, it will eventually be converted into corporate equity.

Take Alibaba B2B for example. Its peak market value was HK$41.8 billion when it was priced at HK$1996 per share. However, after a 12-fold drop, its market value is still over HK$160 billion.

If Wang Chengguang wants to acquire 10%, it will cost more than 16 billion, and to acquire 15% it will cost 25 billion Hong Kong dollars.

If you want more, you will naturally spend more.

As for Big Penguin, he wants 10%, but he can't get it without 20 billion Hong Kong dollars. The same is true for South African newspapers, which are more expensive than Big Penguin.

After completing this series of investments, some money will have to be saved to buy several hundred acres of land within the fourth or fifth ring road of Beijing to build a villa, and to hire the world's top cybersecurity team, whose salary will not be low.

After all the calculations, for the first billion, short selling with low leverage can only earn a few billion safely at most, but it is difficult to achieve a series of big goals.

A second loan had to be taken out.

Of course, he owes ICBC Bank HK$20 billion, which further strengthens his good friendship with ICBC.

No matter what happens in Hong Kong Island, you can call ICBC for help.

They chatted and laughed all the way, and the subsequent flights went smoothly until Wu Xiaowei, Gu Jingjing, who was wearing a mask and sunglasses, and Wang Chengguang walked out of Pengcheng Airport under the escort of bodyguards.

Looking around, Wu Xiaowei said with emotion, "Pengcheng has become so developed. Some places seem more fashionable and modern than Beijing."

Wang Chengguang laughed dumbly, "You can go shopping and have some fun tonight. It won't be too late to transfer the money to Central in Hong Kong Island tomorrow."

September after the Olympics is related to the new year's National Day Golden Week. Meng Laicai's Dade Huitong has launched a plan to continue promoting the chain of Hanfu shops and promote tourism in various places.

Before this, Wang Chengguang had only helped Gu Jingjing, Wang Manni, Yang Tao, and Yang Xiaoyun take a series of beautiful photos of themselves wearing Hanfu...

Moreover, Wang Manni took leave and did not attend military training, and these photos were specifically noted as being taken in August.

Now is before the Golden Week, stable updates and promotions.

Jingjing, a beautiful girl with fair skin and fiery red lips, is not as charming as Yangtao, but one plus one makes it a sure win.

Moreover, the casual photo taken by Gu Jingjing to combat human traffickers around the world and rescue the trafficked people was also promoted vigorously.

The team went straight to DJI Innovations while chatting and laughing. When they arrived, they met and exchanged pleasantries. Then the lawyers of both sides drafted the contract, the terms, signed the contract, and transferred the money!
………………

Time flies again.

February 2008, 10.

The new school season including the National Day Golden Week has passed as scheduled. This global financial crisis has had almost no impact on most ordinary people in the mainland who do not trade stocks.

But in late October...

The Hong Kong stock market collapsed and there was blood everywhere!

As the morning sun shone brightly, Wang Chengguang woke up in a large hotel suite. He glanced at Wu Xiaowei who was still sleeping, and then did a round of Tai Chi to refresh himself.

Fitness, Taoism, (421/50000).

Cooking, Palace, (6269/10000).

Tai Chi, Hall, (71/10000).

Marksmanship, excellent, (3571/5000).

…harmony between the zither and the harp, excellence, (1024/5000).

It was almost the year 09, and he finally gained an entry-level ability. The all-round changes brought about by this entry-level fitness were...

He didn't even mention it, but Xiaowei had already started asking when to let Wang Manni or Da Miaomiao come into the house to help them share the firepower.

One thing must be made clear, this is not just because Wang Chengguang is abnormal, it is also because Xiaowei herself is too inexperienced.

It's like an Olympic shooting champion competing with a business person in shooting. They are completely on different dimensions.

Xiaowei has been training with a gun for more than a year, but she has made progress little by little just like an ordinary person, from entry-level to upper-level at best.

Let alone her at this stage, even Gu Jingjing is weak, even weaker than Wu Xiaowei.

Again, national-level professionals playing against amateurs... even the weak ones are not defeated like this.

Wang Chengguang put away his fist and the phone rang.

He walked over to answer the call, and Anna Shao’s words rang out, “Mr. Wang, according to your instructions, in addition to Ms. Wu, Ms. Gu now also holds 4.8% of the shares of Alibaba and Big Penguin respectively.”

"If we go any further, we will need to touch upon the 5% disclosure rule."

Hong Kong stocks and mainland stock markets require that relevant information be disclosed once a person first holds 5% or more of any class of voting shares of a listed company.

This refers to disclosure to exchanges and companies together.

It is also commonly known as holding up a sign in the mainland.

The global financial crisis was so severe that Wang Chengguang made tens of billions of dollars by short selling with a capital of 20 billion Hong Kong dollars twice in advance. Low leverage is still leverage. At present, Wang Chengguang holds 2% of Alibaba B4.9B, 4.9% of Big Penguin, and 4.7% of South African Newspapers.

These were all absorbed from the market after the stock price plummeted and avalanche. It is impossible that all of them were at the lowest price. The more he absorbs, the stock price will rebound.

But how much money is spent is not the issue, the key is equity!
Wu Xiaowei's situation is similar to the three groups he owns, and Gu Jingjing's is also almost full.

Even so, Wang Chengguang's profits from the financial crisis were still enough to buy two or three hundred acres of land near the North Fourth Ring Road in Beijing, and to hire the top Internet security team from around the world.

Of course, now let’s not even talk about the huge profits from the financial crisis, even the principal borrowed from ICBC has been invested.

If it weren't for the financial crisis that devastated the world, it would have been impossible for him to achieve this with just 20 billion.

20 billion is enough to acquire about 10% of Big Penguin at the lowest point.

It’s so easy to buy stocks at the bottom.

The outside world does not know that Wang Chengguang has been very low-key since arriving in Hong Kong Island. When he went out shopping, he and Wu Xiaowei wore masks and sunglasses and were protected by bodyguards.

Or take a train to Pengcheng with Xiaowei and Gu Jingjing for shopping and playing.

Now that the plan was successful, it was time for him to take the big step.

After telling Shao Anna that it was time to stop, he happily went to the bathroom to take a shower. He was in an extremely good mood today.

After washing up and having breakfast with Wu Xiaowei, he smiled and said, "Do you want to end this trip to Hong Kong Island? We have been here for more than a month."

Wu Xiaowei rolled her eyes and said, "Can you stop bothering me and let me personally bring Miaomiao or Nini to your arms?"

"Jingjing went back early. It felt like her trip to Hong Kong was in vain."

"Apart from a few trips to open accounts at investment companies in Central, the occasional outing or nighttime amusement park visit, and then being bombarded by you in the hotel, I came here for nothing."

"On the contrary, I have become familiar with many places in Pengcheng in this month."

Wang Chengguang was speechless. "I'm mainly afraid of accidents. Business wars are sometimes very complicated."

His fitness ability has reached the entry level and is still improving steadily. He is evolving in all aspects towards breaking human limits step by step.

But he is not Superman yet, at least he is still far from it now.

He couldn't even legally own a gun in Hong Kong Island, and he didn't have any reliable guns to carry with him, so he couldn't do anything, whether it was the mainland's practice of pulling out network cables to steal official seals, or the popular North American practice of reincarnating with a mud truck.

Even in Hong Kong Island, there are still community groups running rampant.

He can only try to keep a low profile and make a fortune quietly.

Wu Xiaowei was a bit disappointed. "Let's go back then. I don't have the energy to go shopping anymore. I feel that Miaomiao and Manni are very kind now. I miss them both."

Wang Chengguang smiled and poured her a bowl of medicinal soup, then grabbed his phone and called Brother Ma, "Boss Ma, it's me. I hope I didn't disturb your rest."

Xiao Ma Ge's tone was much more vicissitudes. "What's the point of taking a break? The global stock market has fallen so much, and Penguin is about to fall through the floor. And this is our game department. We have several best-selling games, especially DNF. We made the right bet."

"Look at Alibaba B2B next door, it has fallen below its issue price!"

"Only when the world is in such a bad situation can he stay in the stock market safely."

Ali B2B has not only fallen below the issue price? It is now only a fraction of the issue price.

The next moment, Xiao Ma Ge complained, "I am a little envious that your Spark has not gone public. At least you won't have any big troubles in this wave of stock market crash."

"The global stock market crash in 1987, the financial crisis in 1997, and now it's happening again in 2008... If I hadn't known there were precedents, I would have wanted to drink myself into obsession."

"Mr. Wang, if you have some spare money, try to find more high-quality companies and buy them at a low price. You will definitely not lose money in the future."

As he spoke, Xiao Ma's voice and tone became more lively. After all, everyone knows that what is past will pass, and if you can get through it, the stock price will still go up.

Wang Chengguang laughed, "Thank you for your good words, Mr. Ma. I will visit you in Pengcheng in the next two days. I have something important to discuss."

Xiao Ma Ge was happy, "Okay, I've personally flown to the capital to look for you a few times. Now it's your turn to fly here? I'll be waiting for you anytime."

After ending the call, Wang Chengguang thought about it and decided to instruct the bodyguards who came with him to buy tickets.

He must go to Pengcheng this time to show his cards so that Penguin can continue to fully support the development of his Spark Weibo.

From the end of the Olympics to now, nearly two months, Xinghuo Weibo and Xinghuo Media have experienced nine attacks from various hacker groups from abroad.

Even the top teams from 360 and Kingsoft held on and failed to break through the defense.

The total number of registered users of Xinghuo Weibo has exceeded 1.3 million. If they can maintain this position, not only will they completely eliminate the chances of being overtaken by groups like Zhalang and Sohu, they can also launch the Xinghuo payment project.

But he has money now, and can hire and build the best security department. Doesn't he have to ask Pony Ma for advice? He can't poach the team from 360 and Kingsoft, that would be too unfair.

Xiao Ma Ge is a good man. This time he goes back and shows that he, Xiao Wei and Gu Jingjing together hold nearly 15% of the shares. There is no need to show that he also holds nearly 15% of the shares of South African Newspapers.

As for the Alibaba shares he holds, should he sell them to Alibaba at the issue price of HK$13.5 per share in the future and make a profit to pay off ICBC’s debt, or should he try to negotiate whether he can exchange them for shares in Zhifubao?

This has to be done step by step.

He was discussing with Xiao Ma Ge about joining forces to suppress Zhifubao, but that did not prevent him from talking to Lao Ma about acquisition and becoming a partner.

(End of this chapter)