Reborn since 1993

Chapter 1202 A cloud-piercing arrow
"China.com will influence the landscape of the Asian internet and may affect the status of Japanese and Japanese internet in Asia in the future!"

Unlike South Korean media, the Japanese Yomiuri Shimbun did not question China.com; instead, it believed that China.com might change the landscape of the Asian internet.

However, Japanese media outlets also expressed concern about China.com, fearing that it might negatively impact Japan's position in the Asian internet industry.

Although it's unclear what's wrong with the Japanese people's thought process, the entire Japanese internet is practically stagnant.

Despite having 20 million internet users, apart from SoftBank investing in the internet sector, there are almost no other Japanese conglomerates betting on Japanese internet companies.

The Japanese business hierarchy is completely solidified. Established Japanese conglomerates such as Mitsui, Mitsubishi, and Sumitomo have absolutely no interest in the internet.

This can be seen from the past, where Japanese floppy disks were used for decades without being phased out. This shows the attitude of established car manufacturers such as Toyota and Honda towards electric vehicles; they simply don't care about them.

Meanwhile, established Japanese conglomerates were not interested in the internet and were unwilling to invest in it. Furthermore, Japan's social hierarchy was rigid, so even if young people wanted to start a business online, they had no chance and could not obtain any resources or financial support.

For a Japanese internet industry with such a limited capacity to worry that the emergence of China.com will negatively impact its own is simply overthinking things…

But what truly shook the media in Hong Kong, as well as in South Korea, Japan, and other places, was the news report from the Wall Street Journal about China.com, which came from America.

"China.com is igniting the flames of the Asian internet, and the Asian internet industry is about to explode, ushering in an era of globalization for the internet."

Analysts from multiple Wall Street institutions believe that China.com has become another representative Chinese concept stock after Feiyan Technology, and that China.com's future market value may surpass that of Feiyan Technology..."

The Wall Street Journal's report was like a thunderbolt, shaking up the entire Asian tech community.

Feiyan Technology is the first Asian internet company to be listed on NASDAQ, and its market value has now exceeded 10 billion US dollars!
The Wall Street Journal actually predicted that China.com's valuation might surpass that of Feiyan Technology in the future. Doesn't that mean that Peregrine's valuation of $2 billion for China.com was actually too low?
The Wall Street Journal's report is likely enough to drive Hong Kong's wealthy elites crazy. China.com's future valuation may exceed 10 billion US dollars. Who wouldn't want a bite of this lucrative prize?
"I'm afraid your phone won't stop ringing today!"

After feeding Xiao Keling, Ning Wenke saw the Wall Street Journal news being broadcast on Hong Kong TV and realized that China.com was probably about to completely ignite Hong Kong.

As soon as he finished speaking, Li Dongling's phone on the table rang. Ning Wenke raised an eyebrow and looked at the philanthropist Li with a smile.

Seeing this, Li Dongling shook his head helplessly. The fact that someone could get his private phone number and call so early in the morning speaks volumes about their status in Hong Kong.

After glancing at Hong Kong TV, Li Dongling realized that the Wall Street Journal's praise of China.com was probably more of a test by Wall Street institutions!

On the Wall Street side, they are using the Wall Street Journal to leak information to see if China.com has any intention of listing on Nasdaq, and more importantly, whether it should accept investment from Wall Street institutions!
This current move is an attempt to curry favor, but if China.com doesn't respond or accept investment from various Wall Street institutions, the tone of American media will likely change.

At that point, the China.com reports in American media might become filled with comments about huge risks, lack of potential, and security hazards...

If China.com is willing to accept investment from Wall Street institutions, then everyone will be "one of us" and we can all profit together.

In addition, there is another layer of meaning: Wall Street has always hoped to ignite the Asian internet market.

But Wall Street institutions don't care how many internet companies emerge in Asia. They don't really want internet company stocks. In their eyes, stocks that can't be liquidated are too hard to even clean up their mess.

What Wall Street cares about is how many Asian banks, investment institutions, wealthy individuals, middle-class people, and ordinary investors are willing to put real money into buying Nasdaq internet stocks.

If China.com can ignite a frenzy in the Asian internet market, drawing massive amounts of hot money and cash flow to NASDAQ, then Wall Street institutions can reap another huge harvest!
Rather than saying Wall Street supports Nasdaq-listed internet companies, it's more accurate to say that Wall Street institutions are using Nasdaq to fleece the world...

Looking at his phone, Li Dongling hesitated for a moment before answering the call.

"Mr. Li, how about we have afternoon tea together this afternoon?"

The person on the other end of the phone introduced themselves and then extended an invitation to Li Dongling, saying it was for afternoon tea; the purpose was self-evident.

When Li Dongling heard that the other party was the Chinese president of Bear Stearns' Hong Kong office, he learned that several major Wall Street investment banks and other institutions had already established offices in Hong Kong.

Some even regard Hong Kong as their Asian headquarters, radiating to the mainland, Japan, South Korea, Singapore and other Southeast Asian regions. Otherwise, Hong Kong would not have become one of the world's three major financial centers.

Li Dongling did not refuse the invitation from the Chinese president of Bear Stearns Port City Company.

From that phone call onward, it was like a signal; Li Dongling's phone calls never stopped.

The offices of the four major Wall Street investment banks in Hong Kong, as well as banks in Hong Kong such as Citibank and Old Europe, and even financial groups from the Middle East, all called.

What surprised Li the philanthropist even more was that HSBC and Standard Chartered, the two major banks that had previously stood by the Li family and maintained a clear separation from Cyberport, also called, sending a "friendly" signal. Their intentions were almost obvious. Sure enough, for these Onsa and Hebrew financial groups, alliances, relationships, and rivals were completely irrelevant. As long as there was profit to be made and US dollars to be earned, enemies yesterday could be treated as brothers today, and once there was no profit, they would probably turn on each other immediately.

As for the wealthy and powerful families in Hong Kong, there's no need to mention the calls from them trying to build relationships. Since they couldn't reach the philanthropist Li, they called Lin Xianhui instead. Since last night, Lin Xianhui's phone hasn't stopped ringing.

Even Ning Wenke's phone started ringing. People close to the Ning family began to use the "Madam route" to inquire about news from China.com.

After hanging up the phone again, Ning Wen couldn't help but ask Li Dongling, "What kind of investments are you planning to get China.com to accept?"

Li Dongling shook his head and hugged the crying little girl in his arms. "This matter needs further consideration!"

China.com's fundraising is not simply a matter of getting the money; it's part of the Silicon Harbor plan and the first step, which must be done well.

This will likely involve powerful figures from Hong Kong, mainland China, Southeast Asia, and Wall Street, among others. This will test the skills and checks and balances of Cyberport, the company that operates China.com.

"Let's not talk about that now."

This matter cannot be decided immediately. Li Dongling asked Ning Wenke, "Are you going back to Ning's Trading Company?"

"Having been away for so long, it's time to return to Ning's Trading Company to handle some matters!"

Ning Wen smoothed her hair, glanced at Xiao Keling, and said that Ning Wen planned to go to Ning's Trading Company every noon to handle company affairs while taking care of Xiao Keling, and gradually take over a large business.

She has been away from the president's office of Ning's Trading Company for almost half a year. Although there is no need to worry about her being sidelined by senior executives, it is impossible to just let it go.

"Would you like me to go to Ning's Company with you?" Li Dongling hesitated for a moment before asking Ning Wenke.

There are quite a few rumors surrounding Ning Wenke right now, including within Ning's Trading Company. It's inevitable that some people will have ulterior motives. While Ning Wenke is away, they might have unrealistic ideas. If Li Dongling accompanies Ning Wenke, it will save a lot of trouble.

Or to put it bluntly, those who want to cause trouble should think twice before provoking Li Dongling. What would be the consequences of offending the great philanthropist Li? The Ning family and Li Dongling are two completely different concepts.

Ning Wen saw the worry in Li Dongling's eyes, chuckled, then her gaze sharpened, and she seemed to regain some of her professional businesswoman demeanor.

"I can handle these things, and..."

"With this little guy around, anyone who wants to cause trouble will have to consider your attitude, as one of the two Lis of Hong Kong!"

When Ning Wenke mentioned Li Dashanren's reputation in Hong Kong, Ning Keling's birth actually confirmed some of the previous rumors for Ning Wenke and the Ning family.

With this child, the Ning family and the Hanxi Li family are effectively bound together. Regardless of whether Ning Wen can leverage this connection or not, no one in Hong Kong can question the relationship between the Hanxi Li family and the Ning family.

Sometimes, not using something can be more effective than using it!
Upon hearing this, Li Dongling said no more. The Ning family had established themselves in Gangcheng, and they would inevitably have to deal with various matters in the future.

There are many wealthy families in Hong Kong, but only a handful can truly influence the city. To become one of them, there is bound to be various competitions, both overt and covert, which Ning Wenke will need to handle herself.

Or rather, given how things have come to this, even if the Ning family said they had no interest in those positions, probably no one would believe them.

……

"Four major Chinese internet portal websites have emerged!"

Today, various media outlets and newspapers across mainland China have extensively reported on China.com, with Computer Weekly even proposing the concept of four major Chinese portal websites.

Sina, Sohu, NetEase, and China.com are ranked as the four major Chinese portal websites. Although the first three are clearly not as popular as China.com, these four are indeed the four major portal websites in China.

As soon as this concept was introduced, the title of the four major portal websites was quickly reprinted by major domestic media outlets.

This was originally a good thing for Sina, Sohu, and others, as it increased their visibility and gave people the impression that they were websites of the same level as China.com.

Just when the four major portal websites were being touted in places like Zhongguancun,

The Wall Street Journal's news about China.com began to reach China, and for a time, the mainland internet industry fell silent again...

(End of this chapter)