Shenhao started as a military training anchor
Chapter 1102 Why Does Holly Still Have So Much Money?
When Holly's daughter, Huo Xi, was born, Holly went to Hong Kong to set up a family trust.
Assets with high profits, quick cash conversion, etc. are basically held by family trusts.
For example, luxury goods, jewelry, minerals, etc. industries.
The steady stream of cash income has made the assets managed by the Huo family trust grow day by day.
Originally, this money was reserved for children and women in order to avoid policy risks and accidental risks.
Even if I am no longer in that position one day, or even leave this world, I can still let them live a life of luxury.
After establishing the bank, the cash on hand was indeed not enough to take over JD.com, and Liu Qiangdong's attitude did not impress Holly.
To tap into the cash in the family trust.
Now that Liu Qiangdong has stepped down and taken power, Holly has gained confidence in investing in JD.com.
Decided to use the assets of the family trust to take over the JD.com shares sold by Walmart.
Liu Qiangdong flew back to China on a private jet and had a comfortable sleep on the plane.
After working hard for more than half a month and having a good rest every day, I feel relieved that I can no longer change the current situation. I am thinking about starting drastic reforms after arriving in Beijing.
Pull JD.com back from the edge of the cliff.
What he didn't expect was that Holly stood up and gave him a hand at this time.
The private plane landed in Beijing, and Zhang Zetian drove to the airport to pick him up personally today.
Liu Qiangdong asked in confusion: "Where's the driver?"
Zhang Zetian said bluntly: "Sir, I'll come and pick you up and take you directly to the company.
The board is waiting for you to take charge.”
Liu Qiangdong frowned slightly, and heard from his wife's words that the situation had changed.
His mere return as CEO would not have caused such a big stir.
"Will JD.com's stock price crash seriously?" Liu Qiangdong thought of the worst.
Zhang Zetian said: "Not only did it not collapse, but it also increased significantly."
Up?
Liu Qiangdong looked shocked.
Why is the capital market so optimistic about him?
"Walmart sold 1.44 million shares, and JD.com used the repurchase fund to repurchase 0.24 million shares," said Zhang Zetian.
"Other stocks..."
Zhang Zetian nodded: "Mr. Huo bought 1.01 million shares and expressed his intention to hold the shares for a long time.
He is now the third largest shareholder of JD.com.
President Huo is already waiting for you at the board meeting."
Liu Qiangdong was very excited when he heard the news. The more than ten hours he spent on the plane had changed him drastically.
Even a little warm in the eyes.
To be honest, he has seen all kinds of storms in his many years in the industry, and this time he was really tortured.
There was no hope at all, but then the "big brother" Holly stepped forward.
That feeling is really a matter of life and death.
"I seem to understand what Mr. Huo said to me that night," Liu Qiangdong recalled. "Maybe from the beginning, what he wanted was my attitude."
Zhang Zetian nodded: "From the perspective of investors, only you, the founder, can turn the situation around in this difficult situation.
What Mr. Huo values is not JD.com, but you as a person."
"Thank you, Mr. Huo. I owe him a great favor." Liu Qiangdong breathed a sigh of relief, leaned back in the back seat, closed his eyes to calm himself, and prepared to go to the board meeting at the group headquarters to meet with Huo Li.
……
the other side.
The beautiful state of Arkansas.
Walmart global headquarters.
Walmart hastily convened a board meeting.
All the board members were present, but CEO Jim Walton was still confused and had not yet come to his senses.
I can't figure it out no matter how much I think about it.
Finally, I blurted out: "Why does he still have so much cash?"
All the board members looked at him.
Everyone knows that Sam Walton was talking about Holly.
Everyone was equally shocked by Holly's cash reserves. Private equity funds had used them to save the financial market, and huge sums of money had been invested in establishing private banks to save physical enterprises. How could they still come up with tens of billions to help JD.com?
How much wealth does he control?
At Walmart's board meeting, all board members were silent.
On the one hand, I marvel at Holly's wealth, but on the other hand, I feel sorry for CEO Jim Walton.
He suffered a heavy blow just after taking office.
The Walton family is a well-known wealthy family in the United States. Although it is not a Jewish financial group, its stance is consistent with that of the Jewish financial group.
The new CEO Jim Walton is very aware that as the leader of the Chinese consortium, Holly will definitely come forward to help his younger brothers once the Walton family deals with members of the Chinese consortium.
The previous feud between Apple, ByteDance and Tencent was so serious that it eventually caused Buffett to lose tens of billions of dollars. This is enough to prove that Hawley will not sit idly by.
That's why he took over JD.com when Holly used the money to rescue the market, catching Holly off guard.
Judging from the process of Liu Qiangdong coming to the United States to negotiate with him, Jim Walton became more certain of his guess that Holly had no cash to save JD.com.
Otherwise, Liu Qiangdong would not have come to the United States to play the emotional card with him.
The emotional card failed to work and they went looking for new investors.
All signs indicate that this time Holly will just watch his little brother JD.com get crushed to the ground.
Jim Walton thought he had seized the opportunity, and with a wave of his hand, he sold all 1.44 million shares of JD.com, worth $39.
Waiting for JD.com’s stock market to crash.
Then they bought JD Logistics stocks at a low price and forced Liu Qiangdong to sell JD Logistics.
If he didn't buy, Jim Walton was ready to launch a hostile takeover.
Not only does Walmart have to invest money to build its own logistics and warehousing system in the Chinese market to compete with JD.com, it also has to discredit JD Logistics.
They also need to continue buying JD Logistics shares in the stock market and send a strong acquisition letter to Liu Qiangdong.
They were ready to push Liu Qiangdong into the swamp and keep him from getting out.
The board is fully prepared.
They have even begun planning Walmart’s grand strategy for the Chinese market next year.
But Holly still showed up.
With more than 1 billion yuan in cash, he bought million shares of JD.com.
The situation turned around instantly.
JD.com's stock not only did not collapse, but also saw a significant increase.
JD Logistics’ stock also rose, soaring from more than 60 billion Hong Kong dollars to more than 70 billion.
This once again proves Holly's influence on the stock market.
If he is optimistic about the stocks, investment institutions and shareholders will naturally buy them.
Rise is inevitable.
The problems Walmart faces now are even more serious.
First of all, the eight-year relationship with JD.com broke down. Jim Walton did not give Liu Qiangdong any face. Next, JD Logistics will definitely completely cut off cooperation with Walmart.
In the short term, the logistics and supply chain of Walmart’s stores in China will face tremendous pressure.
Walmart has already sold 1.44 million shares, and judging from the current stock price of JD.com, it has suffered a lot of losses.
What worries Jim Wal-Mart the most is that Holly has joined in and might strike back at the Walton family this time.
The Walton family is about to face its biggest trouble ever.
It's a bit like one misstep can lead to eternal regret.
"Shit!"
Jim Walton lost control of his emotions and swore at the board meeting.
"Damn it! Why does he still have so much money!"
The board members dared not say a word.
I know that the third son of the Walton family has a bad temper.
After venting, Jim Walton looked at the board members.
Meeting.
At present, Walmart China’s logistics and warehousing system must be quickly upgraded and improved.
Otherwise, during the golden period from the end of the year to the Spring Festival, the market share may be seized by competitors.
What Jim Walton didn't expect was that Holly was one step ahead of him and was ready to take the domestic supermarket to dominate the world. (End of this chapter)
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