Reborn since 1993

Chapter 1223 Acting on Sense of the Wind
"Hong Kong-based bank will formulate an overseas expansion plan as soon as possible, enter the Southeast Asian market, and establish business centers in cities such as Bangkok, Siam by next year!"

Li Yonghong also made a solemn pledge to Li Dashanren, saying that since money had already been poured in, it would be too ungrateful of him not to take action.

Southeast Asia has a plethora of banks of all sizes. While Hong Kong-based banks can't absorb the large ones, they are absolutely willing to sell themselves to smaller banks as long as Hong Kong-based banks are willing to assume a portion of their debts.

Centered on Hong Kong, the strategic goal of Hong Kong Bank is to radiate outwards to Southeast Asia!

With the strong support of the Dongke Group, Hong Kong-based bank is expected to have a much better time than other banks in Hong Kong.

But Li Yonghong's expectation for Hong Kong-based banks was simply to make things a little better; he dared not even dream of them becoming a giant bank in Hong Kong and Southeast Asia.

However, things in this world are always unpredictable. How far Hong Kong-based banks can climb in the future depends not on Li Yonghong's will, but on how far Dongling Hi-Tech can develop!
“Hong Kong-based banks also need to seek some supporters. In the future, Hong Kong-based banks can try to introduce banks such as the Export-Import Bank of China, BOC Hong Kong City Company, and Ping Duong Bank to invest in them, or exchange shares,” Li Dongling said.

Hong Kong-based banks also need to have a strong backing; otherwise, if they get scammed in Southeast Asia, no matter how loudly they cry out, probably no one will care.

The Export-Import Bank of China is a bank under the jurisdiction of the State Economic and Trade Commission. By allowing the Export-Import Bank of China to acquire shares in the Hong Kong-based bank, it basically gained supporters in mainland China.

"Most importantly, Hong Kong-based banks must establish a modern risk control system to ensure the absolute safety of deposits held by individuals or companies!"

Li Dongling looked directly at Li Yonghong and said, "I don't want Hong Kong Bank to experience large-scale bad debts or be hollowed out. I want it to become the safest and most secure bank in the eyes of people in mainland China, Hong Kong, and Southeast Asia!"

It's true that Hong Kong-based Bank acquired Cyberport under its name, but everyone knows the relationship between Cyberport and Li Dashan.

Countless people regard Hong Kong-based banks as a symbol of Li's philanthropy, and no matter how much Li Dongling denies it, it probably won't make a difference.

Therefore, the security of Hong Kong-based banks must be guaranteed, and no unexpected problems should occur. This is the most important point.

Li Dongling didn't want to get himself and Dongling Hi-Tech mired in a quagmire and get all dirty because of a Hong Kong-based bank.

"I...I understand, please rest assured, Mr. Li!"

Li Yonghong, who was being stared at by Li Dongling, swallowed hard and said that he could tell that Li Dongling was not joking at all.

Li Yonghong wasn't sure what the consequences would be if he dared to tamper with this, but one thing was certain: the outcome would probably be terrible.

Look at that British guy who was the former president of Hong Kong Telecom. What happened to him? His family fortune was squeezed dry by vulture lawyers, but he still ended up in prison. Even if he is lucky enough to get out of prison alive, he will probably become a homeless person on the streets.

With a knife in hand, the desire to kill arises naturally. Ya'an Company can be a security company, but conversely, it can also do things that make someone have the same wildly imaginative mind as Melancholy...

After Li Dashanren left, Li Minghan and Li Yonghong both started to get busy, as they had a lot of things to deal with.

Meanwhile, at Cyberport and Peregrine, after completing the valuation and financing for 3721, they began to raise funds for companies such as Tianya Sports, Jiangmin Antivirus Technology, and Kingsoft.

From time to time, news from Hong Kong and Beijing's Zhongguancun can be heard from Hong Kong.

Jiangmin Technology, one of the two leading antivirus software companies in mainland China, has completed a financing round of 50 million RMB, led by IDG Ventures and Gangcheng New World Development Foundation, with a valuation of over 500 million RMB!

Based on the valuation of Jiangmin Technology, founder Wang Jiangmin holds 55% of the company's shares, making his net worth exceed 225 million RMB, thus joining the ranks of mainland China's billionaires!

Jiangmin Technology founder Wang Jiangmin announced in a media interview that the company will choose to list on the Hong Kong Stock Exchange!

"Jiangmin Technology is the second company among the inland technology delegation visiting the port city to complete financing. Sources revealed that several other companies in the inland technology delegation are in contact with investment institutions."

"A trend of mainland technology companies listing in Hong Kong may be on the rise!"

During this period, Zhongguancun was almost entirely focused on the news coming back from Gangcheng. The news that Jiangmin Technology had completed financing and was aiming for a listing in Gangcheng quickly spread throughout Zhongguancun.

Wang Jiangmin became a billionaire overnight!
After Jiangmin Technology completed its financing, the news that Wang Jiangmin had become a billionaire spread like wildfire in Zhongguancun and the inland software industry!

While 3721's previous financing round certainly stirred up a lot of people, Zhou Hongyi was not, after all, a major shareholder of Yahoo! China.

If 3721 goes public, Zhou Hongyi will likely become a billionaire through equity incentives.

However, 3721 is not yet listed on the stock exchange, and Zhou Hongyi's dream of becoming a billionaire remains only a probability and has not actually come true.

But Wang Jiangmin is different. He is the founder and major shareholder of Jiangmin Technology, which is valued at 500 million RMB. He is a genuine billionaire in Zhongguancun.

This news was incredibly exciting for Zhongguancun. Many companies in Zhongguancun had dealt with Wang Jiangmin before, asking him to help them solve computer virus problems.

Wang Jiangmin, who suffered from polio, was remembered in Zhongguancun as a thin but stubborn man who loved challenging himself with activities like mountain climbing, swimming, cycling, and fishing. His antivirus skills were also superb, comparable to those of foreign antivirus companies. Yet, this same Wang Jiangmin, who had a limp, suddenly became a multi-millionaire with a net worth exceeding 200 million yuan. How could this not shock those around him?

If we're talking about who in Zhongguancun was most affected by this news, it would definitely be Rising Antivirus, one of the two giants of antivirus software in mainland China.

Rivals are enemies, even mortal enemies. Seeing his mortal enemy's founder become a billionaire, it would be a lie to think that Wang Xin, the founder of Rising Antivirus, who came from the Institute of Computing Technology of the Chinese Academy of Sciences and was a professionally trained professional, wouldn't feel any turmoil.

Speaking of which, Wang Xin and Boss Liu were colleagues at the Institute of Computing Technology, Chinese Academy of Sciences. However, Boss Liu was in the sixth research lab, while Wang Xin was in the eighth research lab, specializing in software development.

This relationship has also extended to the antivirus software market. Now, Lianxiang Computer has Rising Antivirus as its factory software, which is directly built into the computer.

In addition, members of the China Computer Manufacturers Association, which is led by Linksys, including Great Wall and Tsinghua Tongfang, also have Rising Antivirus pre-installed on their computers.

As for Jiangmin Antivirus, it naturally stands with Hasee computers, serving as the built-in antivirus software for Hasee and Founder computers.

However, although it seems that more computer manufacturers have pre-installed Rising software, in reality, Jiangmin Technology surpasses Rising in terms of user base and revenue.

There's no other reason than that Hasee and Founder computers combined were simply too formidable, especially the first generation of Founder computers, which almost swept the domestic computer market.

Furthermore, Jiangmin Technology's KV300 antivirus technology is indeed stronger than Rising's, and Jiangmin Technology has captured a lot of casual users. It is estimated that Jiangmin Technology may dominate more than 70% of the domestic computer antivirus software market this year!

Jiangmin Technology even began to follow in the footsteps of Hasee Computer and enter overseas markets. In the domestic antivirus industry, Jiangmin Technology has actually suppressed Rising.

"Rising needs to wait for the right opportunity!"

Liu Xu, who was recruited by Wang Xin to be in charge of Rising Antivirus technology in order to counter Wang Jiangmin, said after seeing Wang Xin's expression.

Liu Xu is also a veteran in the domestic antivirus software industry and has served as an antivirus expert in the 863 Program. His abilities are definitely not weak.

Hearing Liu Xu's words, Wang Xin gave a wry smile, "If Jiangmin Technology goes public, I don't know if Rising will still have this opportunity!"

With the funding secured, Jiangmin Technology is no longer short of funds. It can now focus on developing new technologies, expanding its operations, and even potentially engaging in a software price war with Rising.

What is certain is that what follows is the most difficult time in the history of Rising Antivirus.

"If Rising Antivirus is the first to solve the next virus that wreaks havoc on computers, it will have a chance to turn the tide!"

Liu Xu was quite confident in his skills; he was just waiting for an opportunity.

Hearing Liu Xu's words, Wang Xin gritted his teeth and said, "You don't need to worry about funding. What you need to do, Lao Liu, is to make sure that the next Rising antivirus software surpasses Jiangmin Technology!"

"Next, Wang Jiangmin and other executives at Jiangmin Technology will be busy with Jiangmin Technology's IPO, so they may not pay as much attention to antivirus software. This is our opportunity!"

If Wang Xin were to swallow his pride and approach Boss Liu or the Taishan Industrial Research Association, he would definitely be able to secure funding. He was prepared to have Rising make one last desperate attempt!
Rising Antivirus is prepared to grit its teeth and wait for the right opportunity to fight Jiangmin Technology again.

Meanwhile, domestic software companies, including Kingdee, Yonyou, Neusoft, and Baiyulan CAD, are all showing signs of eagerness to make a move.

These domestic software vendors were naturally tempted when they saw Jiangmin Technology complete its financing and begin its IPO process.

The domestic software industry is not doing well right now. If they can follow in the footsteps of Jiangmin Technology, get financing and list in Hong Kong, their situation will be much better. They might even transform into listed companies, and their founders could become billionaires.

But besides these domestic software companies, another group of people, like hungry wolves, have also set their sights on this opportunity.

……

"Mr. Li, my phone has been ringing off the hook all night!"

Inside the villa on the hillside, as Li Dongling was playing with Xiao Keling, Lin Xianhui came in and said to Li Dongling.

After placing the baby in the stroller, Li Dongling asked Lin Xianhui, "Are there many companies that want to raise funds and go public through Cyberport?"

"Beyond our expectations!"

Lin Xianhui took out a document and handed it to Li Dongling. It contained the names of various inland technology companies, including familiar ones like Kingdee, as well as some unfamiliar ones that were probably newly established companies in Zhongguancun.

However, when he saw the name "Top," even the philanthropist Li was taken aback...

(End of this chapter)