Reborn since 1993

Chapter 1361 The Second Battle?
Li Zekai, the former scion of Hong Kong's wealthiest family and president of PCCW Power, who was once considered a leading figure among Hong Kong's younger generation, dislikes the name that appears on Hong Kong television every few days.

Every time Li Dashanren (Li Dongling) parachuted into Hong Kong, all the media outlets, big and small, would immediately swarm to him. Even tabloids would get excited and tirelessly report on Li Dongling's gossip in Hong Kong.

Before Li Dongling came to Hong Kong, Li Zekai was considered a leading figure among the younger generation in Hong Kong and even Southeast Asia, and was expected to surpass his father, Mr. Li of the Cheung Kong Group. Countless people believed he could do it.

But after Li Dongling visited Hong Kong, the Hong Kong media did not report on him or say anything about him being inferior to Li Dashanren. No one mentioned that Li Zekai could still represent the younger generation of Hong Kong!

The Li family of Cheung Kong, which had once been the most powerful family in Hong Kong, suffered repeated setbacks at the hands of Li Dashanren. Li Zekai was even defeated by Li Dongling in Hong Kong Telecom.

Even Ning Wenke, known as the "richest woman in Hong Kong" and considered the ideal daughter-in-law by a large group of Hong Kong's wealthy families, who believed that marrying her would save them a hundred years of hard work, has been rumored to have given birth to a daughter for Mr. Li.

To be honest, even Li Zekai couldn't understand this news. Why would Ning Wen do this? Li Zekai had dated many celebrities and socialites from Hong Kong, Japan, and Southeast Asia, but he had never met anyone of Ning Wen's caliber.

With the Ning family's current prominence, they have already joined the ranks of Hong Kong's top-tier wealthy families, and many wealthy families are begging Ning Wen to marry into their families.

Even for the Li family of the Yangtze River, if the Ning family were willing to form a marriage alliance, the Li family of the Yangtze River would be willing to hold a grand wedding ceremony in the last century, just so that Ning Wen could enter the Li family of the Yangtze River.

Ning Wen's dowry includes a new wealthy family in Hong Kong, as well as a large number of Ning family businesses, which even the Li family of the Yangtze River would not dare to underestimate!
But Ning Wenke defied all conventions and gave birth to a daughter for Li Dashan without asking for any official title. This puzzled Li Zekai, who wondered what kind of magic Li Dashan possessed that could make Hong Kong's richest woman fall for him!
Now that Li Dongling has left Hong Kong, the Hong Kong media are still reporting on the news of the philanthropist Li, and there are still rumors about the philanthropist Li in the underworld. Every time there is news about him, there are all kinds of analyses, which naturally makes Li Zekai very dissatisfied.

"The media in Hong Kong is getting worse every day; they can report any kind of news haphazardly!"

Li Zekai watched the news on TV and couldn't help but speak to his strategist Yuan Tianfan.

However, the subsequent discussion between the TV host and the invited guests left both Li Zekai and Yuan Tianfan speechless.

"As you all know, the Zhi Xing Foundation is Asia's largest charitable foundation and Asia's second-largest venture capital firm after SoftBank."

Feiyan Technology, which is listed on Nasdaq, is also a company under Li Ka-shing's control.

According to publicly available information from Yahoo, these two companies together hold 13% of Yahoo's equity.

Yahoo's market capitalization today is $822 billion, meaning Li Ka-shing's investment in Yahoo is worth $106.86 billion, equivalent to HK$83.35 billion.

When the Zhixing Foundation invested in Yahoo, it only spent $300,000.

This is the highest-return investment ever made by a Chinese person worldwide, with a return of 35,620 times…

On the TV, the host was speaking in an exaggerated tone, enthusiastically discussing with the guests how much profit Li Dongling had made from Yahoo.

Even though he disliked Li Dongling, Li Zekai couldn't help but fall silent for a moment. It seemed that even his father had never achieved such a return on investment.

Li Zekai doesn't think he lost to Li Dongling. Even if he wins or loses temporarily, he won't admit defeat. He can criticize Li Dongling, but he can't say that Li Dashanren is bad.

If even the philanthropist Li is incompetent, then what is this defeated opponent of his?
Li Zekai could easily imagine how the people of Hong Kong, who were extremely driven by wealth, would react when they saw this news.

The Silicon Harbor project is likely to take root in people's hearts. From Hong Kong's wealthy elites to Hong Kong stock investors, everyone is starting to chase the internet. Who wouldn't want a return of 35,600 times?
Previously, Li, the owner of Cheung Kong Holdings, was considered by Hong Kong media to be the most likely successor to the title of Asia's richest man, or even the richest Chinese man in the world.

However, since a certain philanthropist became the richest man in Asia, such topics have rarely appeared in relation to the Li family of the Yangtze River.

After all, how are the Hong Kong media supposed to discuss this? Are they supposed to discuss whether the Li family of the Cheung Kong and other wealthy families in Hong Kong are here to compete for the title of the world's second richest Chinese person?

After coughing, Yuan Tianfan said, "We still need to be wary, not only of the Hong Kong media, but also of the news coming back from America."

Yang Zhiyuan's trip to Asia will likely lead to a new cooperation agreement with Dongling High-Tech, and..."

"Regardless of the purpose of Yang Zhiyuan's trip to Asia, it shows that Silicon Valley and Wall Street are beginning to pay attention to the Asian Internet market, which is beneficial to the Silicon Harbor project."

The Silicon Harbor Project aims to transform Hong Kong and Beijing's Zhongguancun into twin stars of the Asian internet, with Zhongguancun becoming Silicon Valley and Hong Kong becoming a Nasdaq and Asian high-tech investment center. Opinions on the Silicon Harbor Project are divided, with many optimistic and pessimistic, but no one can deny that it is a representative work of the Asian internet.

The hotter the Asian internet market gets, the better it will be for the Silicon Harbor project, and more and more people will believe this argument!
Li Zekai frowned. Yingke Power has been investing in internet companies all over the place this year, and most of the investments are in internet companies in Zhongguancun and mainland China.

Yingke Power's investment has indirectly become part of the Silicon Harbor plan, whether it is willing to admit it or not. After all, this trend and model were proposed by the Silicon Harbor plan!

"Ignore them and continue to increase Yingke Power's investment in the Internet industry, especially to get the invested Internet companies listed as soon as possible."

Li Zekai explained to Yuan Tianfan that Yingke Power had invested in several internet companies this year, including Sina and NetEase, although they were not major shareholders.

In the past, these investments were made by overseas venture capital firms, but now many wealthy families in Hong Kong are investing in Zhongguancun. This is the most direct change that the Silicon Harbor project has brought to the mainland internet industry!
"There's one more thing!"

Yuan Tianfan's expression turned serious. "There are rumors that Shaw Brothers may choose to withdraw from TVB!"

"Is the news confirmed?!" Li Zekai asked Yuan Tianfan with a look of horror in his eyes.

"No specific news has come out yet, but there's no smoke without fire. This could very well be Shaw Brothers testing the waters!"

Upon hearing Yuan Tianfan's words, Li Zekai revealed a determined expression, "This time, Yingke Power must take over TVB. No matter the cost, we cannot afford to lose."

In particular, we cannot let TVB fall into the hands of… , otherwise not only PCCW, but even the Lee family of Cheung Kong would likely be unable to recover in Hong Kong.”

Li Zekai didn't say the name, but Yuan Tianfan knew perfectly well who Li Zekai was referring to and which company he considered Yingke Power's biggest competitor.

Looking at Li Zekai, Yuan Tianfan couldn't help but feel a sense of worry. If Shaw Brothers withdrew, would Cyberport give way to PCCW in the battle for TVB?

Yuan Tianfan felt that if things went wrong, the battle for TVB would eventually turn into a showdown between PCCW and Cyberport, with the Lee family of Cheung Kong and the Lee family of Hansei behind it all.
It's hard to say who will win or lose at that time. After all, the situation in Hong Kong has changed. Since Hong Kong's return to China, the Li family of Cheung Kong has lost its advantage, while Cyberport is backed by the Li family of Hansi. In critical moments, they can really bring people from the mainland!

……

When Yang Zhiyuan's Asian tour on behalf of Yahoo arrived in Pingyang, it suddenly came to a standstill. A week passed without any further developments, delaying the rest of the trip. Even those who were not good at understanding the market could sense that something had really happened between Yahoo and Dongling High-Tech.

In particular, the fact that Yahoo executives, including President Koehl, arrived in Pingyang within just a few days makes it hard not to think things through.

In America, Yahoo announced a massive issuance of new stock and bonds, the amount of which was astonishing.

Yahoo announced that the newly issued shares were worth more than $3.5 billion. Subsequently, it was rumored that the amount of bonds Yahoo issued to banks, Wall Street institutions, foundations, and consortia was even larger!

However, although Yahoo made a lot of money, it was still a huge loss for the internet industry, which was in a period of frenzy.

No one realized that Yahoo was exploiting retail investors. On the contrary, countless retail investors were optimistic about Yahoo, believing that Yahoo was about to make a big move. They thought that if they didn't buy Yahoo stock now, would they still be able to buy it when the stock price rose?
At a time like this, we should hurry up and buy Yahoo stock. If we wait any longer, we won't be able to buy it anymore!
"Yahoo has officially partnered with Feiyan Technology, investing $400 million in Feiyan Technology's Himalaya Music, acquiring a 10% stake!"
Himalaya Music's valuation has surpassed four billion US dollars!

The first news to break was from China.com, which reported that Yahoo Ventures had invested $400 million in Himalaya Music, acquiring a 10% stake in the platform. This move officially made Himalaya Music the world's most valuable internet music platform, surpassing Napster!
This news not only stimulated the internet industry in Zhongguancun and other inland and port cities, but even Silicon Valley was envious.

Everyone knows that a valuation of four billion US dollars is by no means the limit for Himalaya Music. As long as they win the copyright lawsuit against Napster and take down Napster and other pirate music websites, Himalaya Music's valuation could easily double or even triple!
Himalaya Music's valuation has exceeded 320 billion RMB!

"The world's largest music website is born!"

Himalaya Music may be spun off and listed on the stock exchange!

News about Himalaya Music has been flooding the Chinese internet.

(End of this chapter)