financial hacker

Chapter 219 Selling Telecom Pacific Century Tech
Shock is nothing but shock, but Lin Zhifeng is not the kind of person who has never seen the big world, so he hastily said in a calm tone: "Mr. Li's name is already well-known in the Chinese circle. There are not many people who can achieve miracles like Mr. Li!"

What Lin Zhifeng was referring to was: Xiao Li Superman founded Yingke Group, and listed Haiyu Asia in Singapore through a backdoor, renamed Yingke Development, and then acquired Hong Kong Telecom, and proposed the idea of ​​a digital port. The stock price rose 23 times in one day, while Li Zekai's personal assets suddenly reached astronomical figures!
Of course, those are all things in the past. According to the information that Lin Haofeng has, Li Zekai is not doing well now...

"Thank you, thank you!" Li Zekai on the phone said leisurely and authentically: "Some things are inevitable. I grew up in a wealthy family and saw more opportunities than others. This also made it impossible for me to be too careful in doing things. , I am very lacking in management. I can be successful in the capital market because I am very fast, but I lack experience in management and operation, so I am really helpless!"

Although what Li Zekai said was true, Lin Zhifeng was still a little surprised, why did this little superman call him.Therefore, when Li Zekai was analyzing himself, Lin Zhifeng just remained silent and did not speak.

After Li Zekai finished speaking, Lin Zhifeng said straight to the point: "I don't know why Mr. Li called me!"

"Oh!" Li Zekai on the phone said heartily: "I just want to get acquainted with Mr. Lin for a long time, and I also want to ask Mr. Lin about investment issues!"

Regarding Li Zekai's words, Lin Zhifeng couldn't help frowning. It was obvious that Li Zekai was playing Mizong Fist, and his real purpose was definitely not to ask Zhifeng for advice on investment-related issues.

You must know that Li Zekai himself is a big expert in investment, and he has his own way of operating the capital market, so he doesn't need to ask himself for advice.

Lin Zhifeng concluded that the reason why he was looking for him must be for another purpose, but since he didn't say anything, then he could only chat with him, fortunately there was still some time before night.

The next two people chatted on the phone.

The content of the chat is from the subprime mortgage crisis in the United States to China's role in this crisis, and the opportunities arising from the subprime mortgage crisis.
After chatting for a while, Li Zekai invited Lin Zhifeng to have a chance to have dinner with him, and Lin Zhifeng readily agreed.

He knew that some things were inconvenient to talk over the phone, and what the purpose of Xiao Li Superman looking for him could only be known when the two of them had dinner together.

Then, just when Lin Zhifeng thought this thoughtless conversation was over, Li Zekai suddenly said, "I don't know if brother Lin has any idea of ​​entering the industry!"

"Entering the industry!" Lin Zhifeng was taken aback for a moment, wondering what Li Zekai's words meant.

"Yes, for example, the telecommunications industry!" Li Zekai said casually.

"I can think about this question!" Lin Zhifeng said with a smile, at this moment he had vaguely guessed what Li Zekai seemed to be looking for him for!

Li Zekai seems unwilling to talk too much about things related to the industry. He just briefly talked about the advantages and difficulties of entering the industry. At the same time, he said that now is the time for some industries to touch the ground, and it is definitely a good opportunity for acquisitions , I hope Mr. Lin seizes the opportunity and so on...

After putting down the phone, Lin Zhifeng sat there and meditated.

Just now when Li Zekai asked him if he wanted to enter the industry, he had already said that he had already learned that the purpose of Li Zekai looking for him was actually to sell PCCW!

And the target of the sale is likely to be yourself!
Before coming to Hong Kong, Lin Zhifeng had never thought about these things, but this matter was clearly in front of his eyes!

It has been a long time since Li Zekai wanted to sell PCCW. You must know that in the years when Li Zekai took over the Hong Kong Telecom business, it was the time when the bubble in the telecommunications industry burst. among!
In the first year of Li Zekai’s acquisition of Hong Kong Telecom, PCCW suffered a huge loss of 69 billion Hong Kong dollars. Once the news was announced, it immediately caused a strong shock in Hong Kong’s financial market. You must know that Telecom’s loss was the first time in Hong Kong Telecom’s nearly 40 years. This news Can't help but be shocked!

Although PCCW turned around losses in the second year, it is not difficult to find out through the analysis of performance that the source of PCCW's profits is mainly non-recurring gains and losses, and the subject business has not made any progress.

The third year's annual report shows that Yingke once again lost a huge 77 billion.In the fourth year, 2003, dragged down by the huge provision made for the submarine optical cable joint venture, the company continued to lose HK$61 billion.In the ensuing 2 years, the company was basically at a standstill.

When the time came in 2005, Li Zekai was under the pressure of debts and confidence in the mainland telecom market. Telecom Yingke joined hands with China Netcom, and the two parties established a strategic partnership to jointly expand the mainland and international business.As a result, Netcom became the second largest shareholder of PCCW, and Li also temporarily eased the debt.

Even so, it cannot conceal the embarrassment of the decline in the company's main business.PCCW's fixed-line business continued to decline, and its market share continued to drop from 80.00% to 68%. Although the loss rate of PCCW's fixed-line customers tended to be stable, PCCW's monopoly position in the Hong Kong fixed-line market has ceased. Not anymore, and neither is the charm.

……

As a result of this series of blows, PCCW's share price has plummeted 2000% since its record in February 2.At present, the market value of PCCW is about 96 billion Hong Kong dollars. Compared with the total market value of 196 billion Hong Kong dollars in 2000 when Li Zekai took over the PCCW in 5500, it is simply miserable.

After trying his best to lead Yingke out of the predicament, Li Zekai wanted to sell the company!

Subsequently, Rupert Murdoch, chairman of News Corporation, Ho Chu-kwok, chairman of Sing Tao Group, Hong Kong investment banker Liang Botao, and even Li Ka-shing, the father of Superman, were rumored to go to battle in person and set up another company to acquire his son's business.These people still value PCCW's business capabilities and huge value potential.

However, Li Zekai's sale plan was strongly opposed by the mainland, and his shareholder China Netcom even made a tough gesture to express opposition.

Some private news even pointed out that mainland China cannot tolerate the telecommunications business of a major Chinese city falling into the hands of foreign capital. You must know that this phenomenon is absolutely not allowed in the United States.The Li family even turned against the mainland because of this!

Under such circumstances, it is impossible for Li Zekai to sell PCCW!
In this way, things dragged on until 2010. During this period, Li Zekai also introduced a number of business strategies, including the privatization of PCCW, but all of them had little effect.

At this moment, when Li Zekai asked Lin Zhifeng if he was interested in industry, Lin Zhifeng immediately thought of this.

So he concluded that Li Zekai actually wanted to sell PCCW to himself. What's more, the central government had already acquiesced to this plan!That's why Li Zekai called himself!

Otherwise, Shen Tian, ​​the person in charge of the mainland trade office in Hong Kong, would not have given him such a high-standard reception.And it should be Qin Kang who recommended himself to the top. Among the high-level people he knows, he is the only one who knows himself best!

The problem now is that although the share price of Telecom Pacific has shrunk by 90.00%, its market value is still around 200 billion Hong Kong dollars, which is far from what it can swallow!

Besides, taking over Hong Kong Telecom as a mainlander will make many people feel disgusted!
Of course, things are not conclusive. In history, there are many capital players who have staged a good show of snakes and elephants with snacks. If you really want to acquire PCCW, funding should not be a problem, and your identity as a mainlander is not a problem. You can Live in Hong Kong!

The only question is whether I want to acquire PCCW!What to do with it after the acquisition!
……

……

Just when Lin Zhifeng was thinking about whether the acquisition of PCCW would have any adverse impact on him, seven or eight young men wearing ordinary clothes secretly lurked in the security department of the Royal Hotel in Hong Kong!

These people first took advantage of the hotel's security guards not paying attention, put them in, and then took off the clothes of the hotel security guards and put them on their own bodies.

They put the electronics together and walked over to a black Bentley parked nearby.

"Is this the car!" said a tall killer.

"That's right!" the short man said: "In the morning, I saw him enter the hotel in this car!"

"Well, as long as it's this car, it's right. This time, no matter what, we can't disappoint the boss!" The tall killer placed the electronic equipment at the bottom of the car, and then picked up a dedicated intercom to tell the people inside. It was arranged.

After finishing the work, several people hid quietly again, and everything seemed to have never happened.

It's just that what a few people never dreamed of was that their actions all fell into the eyes of a girl in yellow clothes sitting in a car parked nearby!
After all the gunmen left, the girl in yellow took out a very secret walkie-talkie, and then ordered in a very low voice: "The opponent has already laid an ambush. Everyone must be prepared. We must not let The target is damaged!"

(End of this chapter)