Reborn since 1993

Chapter 1425 Boil the Frog in Warm Water

Not only the host and commentators, but also the audience were astonished by Li Dashan's victory in the Golden Boat Horse Race.

Even Huang Gang, the president of the Hong Kong Jockey Club, who was standing to the side, was honestly a little surprised and uncertain, wondering if there really was some kind of luck involved.

After Li the Great Philanthropist came to Hong Kong, not only did his net worth skyrocket, but he also won the championship in horse racing with a greenhorn. How could Chairman Huang not be surprised?

"I knew it! The Golden Ship belongs to the Horse King!"

"Li, the Golden Ship is a born champion!"

Khalid, who was sending the golden ship to the philanthropist Li, was even more excited than Li Dongling. He kept shouting and was extremely excited.

Looking at Khalid, Li the philanthropist felt that this guy was probably more excited about winning a horse race than about the Qatar Foundation investing in a major project.

"Khalid, you've chosen a champion horse!"

Li Dongling also praised Khalid's horse-judging skills, then turned to Huang Gang and said, "President Huang, I hope that today's race prize money can be donated by the Hong Kong Jockey Club to the people of Hong Kong who need it!"

The Zhi Xing Foundation also has its own office in Hong Kong, but it's better to entrust today's donation to the Hong Kong Jockey Club to avoid any rumors.

Upon hearing this, Huang Gang smiled. Li Dongling's donation was not about the amount, but about the fact that it was made through the Jockey Club, which was a case of mutual assistance.

This will increase the Hong Kong Jockey Club's visibility and show the entire city that the Jockey Club's horse owners are not just horse enthusiasts, but also do charity work, thus enhancing the Hong Kong Jockey Club's reputation and influence.

Huang Gang took out a Shenzhou Global Pass phone and made a call. Shenzhou Global Pass is currently the best-selling 2G mobile phone in the port city, with a market share far exceeding that of Nokia, Motorola, Sony, and the like.

There's no other reason. Gangcheng Telecom is tied to Shenzhou mobile phones. Shenzhou Global Pass has the best signal and the fastest 2G network speed in Gangcheng. If you don't use Shenzhou, what else can you use?
A moment later, the host's voice rang out again in the arena, "Now, we have an update to announce."

"Mr. Li Dongling, the owner of the Golden Ship horse, announces that he will donate all the prize money from today's race to those in need in the port city!"

A round of applause erupted, and the camera once again focused on the VIP area where Li Dongling was located.

Li Dongling waved to the scene, then left with Ning Wenke.

In the following days, Mr. Li, the philanthropist, finally had some peace and quiet. Besides spending time with his little darling, he also went fishing at sea a few times, and this time he caught some fish.

At that time, there were no blogs or social media features, and mobile phones didn't have camera functions. Otherwise, Li Dashanren would have taken a few pictures to let the world see the true level of the president of the mainland fishing association and completely shatter the rumors of those trolls.

In response, Li Dashan plans to improve the standard operating procedures for fishing in mainland China, which were issued by the Mainland Fishing Association and personally formulated by Li Dashan himself, the president of the Mainland Fishing Association, after returning to the mainland.

He also added standards for sea fishing to fill the gap in the domestic fishing industry. Li Dashan really went to great lengths for the development of the domestic fishing industry.

Putting aside other things, just take Hanxi as an example. Because of the fishing trend brought about by a certain person, and the fishing standards introduced, baiting has become the standard for fishing in Hanxi.

There are actually more fish in the water in Hanxi now than a few years ago!
This surprised and puzzled many experts. While rivers across the country are facing overfishing, in the waters of Hanxi, despite a large group of anglers fishing every day, the number of various fish species is constantly increasing...

……

Under a clear blue sky, the sea outside Victoria Harbour is rippling with blue waves, and the sea breeze blows gently, stirring up waves.

On a yacht heading out to sea, Li Dashan cast his fishing rod and flipped through some documents.

Mr. Li's trip to Hong Kong is now more than halfway over, and he has already taken care of most of the matters.

Companies like 3721, Kingsoft, and Jiangmin Antivirus are already listed, and China.com's listing on NASDAQ is a done deal; it's just a matter of going through the process.

Once the Torch Group issue is resolved, we'll have achieved about 70-80% of our objectives for this trip to Hong Kong.

Meanwhile, projects like Silicon Harbor are also underway, with Cyberport currently in contact with IBA, a Belgian company.

Acquiring IBA now is not difficult. The company is struggling financially and has limited funds. Not many hospitals are willing to purchase IBA's proton therapy equipment.

Currently, the negotiations with IBA involve the latter relocating to Gangcheng after the acquisition, with Gangcheng as the future development center.

Li Dongling felt that IBA might struggle, but it probably wouldn't change the outcome.

To reiterate, the one who pays the money is the boss, and Cyberport is the big spender. IBA has no bargaining power, at least not now. It's not just about the money; after relocating to Cyberport, Li Dongling's Global Medical Center will establish the world's first proton therapy hospital. This is another huge bargaining chip for IBA, so IBA's relocation to Cyberport is only a matter of time.

With its arrival, the high-end medical industry, following the internet, will also be able to start operating in the port city as part of the Silicon Harbor plan, along with high-end medical equipment research and development, insurance business, and more.

IBA is just the first company introduced to the port city by Cyberport. In the future, Silicon Port plans to introduce more medical equipment and high-end pharmaceutical research and development.

Cyberport also wants to try to acquire Intuitive Surgical and relocate it to the port city. Intuitive Surgical may be unfamiliar to some, but its product is well-known: the da Vinci Surgical System.

Even if we can't buy it, we should still get involved and establish a research and development base in the port city.

In addition to these, Cyberport's overseas expansion plan is also in full swing. However, the initial work mainly involves market research and collecting information on target companies such as securities firms and banks in Southeast Asia.

The saying goes, "An army marches on its stomach." In the case of Cyberport, this means preparing to issue a huge amount of new stocks and bonds to raise funds for overseas expansion.

On the other hand, there is the collection of information on the target company. The information that Li Dongling is holding is the plan formulated by Zhang Yonglin, the president of Hong Kong City Telecom, which is expected to start with the easy ones and then move on to the difficult ones.

Hong Kong City Telecom first entered the markets of Siam, the Philippines, and Sri Lanka. The telecommunications companies in these regions were not very strong, and some had not yet recovered from the losses caused by the Southeast Asian financial crisis a few years ago.

Hong Kong City Telecom has a high chance of acquiring controlling stakes in these regional telecommunications companies, followed by entering the Malaysian telecommunications market, and finally attempting to enter the Australian and Indian telecommunications markets.

To enter the Indian telecommunications market, we will naturally cooperate with Fanxing Technology to see if we can make a significant profit.

If these plans come to fruition, Hong Kong Telecom will become a telecommunications giant spanning Southeast Asia, surpassing Singapore Telecom and South Korean telecom companies.

In the future, there will be opportunities to enter the Middle East market again through the Qatar Foundation.

At that time, Hong Kong City Telecom will become a veritable cash cow. In its previous life, Singapore Telecom could earn tens of billions of US dollars a year. Of course, this also includes the profits from other telecommunications companies in which Singapore has invested overseas.

But if Hong Kong Telecom succeeds in going overseas, can it be any worse than Singapore Telecom or South Korean Telecom?
After reviewing the proposal from Hong Kong City Telecom, Li Dongling signed his name on it.

Next, Hong Kong City Telecom will embark on an acquisition spree, just like American companies such as WorldCom, which have been on a buying spree.

These plans must be completed swiftly and decisively, without any delays. There is no other reason than that if the dot-com bubble bursts and the newly issued shares and bonds of Cyberport cannot be sold, then all these plans will be rendered useless.

As I said before, we can only suffer for now, but those who bought Cyberport shares won't lose everything.

In a few years, when the internet boom returns, Cyberport will have absorbed the overseas telecom companies it acquired, leading to explosive revenue growth and a rise in Cyberport's stock price. At that time, retail investors will be able to break even, provided they don't sell off their Cyberport shares at a loss.

After Hong Kong City Telecom, it was Peregrine's turn to formulate the plan. Peregrine is currently extremely busy, as they are already overwhelmed with business in Hong Kong City and the mainland.

Many companies from inland China have approached Peregrine, wanting to list in Hong Kong. Peregrine also helps many inland companies issue new shares and obtain bank loans.

No matter how busy they are, Peregrine still has to do the new business. They are currently applying for an insurance license in Hong Kong, and it is estimated that there will be no major problems.

The Hong Kong government's attitude towards Cyberport is not one of granting every request, but as long as it's not a matter of principle, it will approve everything. What is a matter of principle? It's suddenly moving out of Hong Kong. As long as it's not that, nothing else is a problem.

With the insurance license in hand, it's only a matter of time before Peregrine is granted one of Hong Kong's giants, integrating securities, banking, and insurance!

Unlike Hong Kong City Telecom, Peregrine's overseas expansion is due to the special nature of its business. Banking, insurance, and securities are all sensitive industries for a region, so it cannot just rush in recklessly like Hong Kong City Telecom.

Peregrine's approach is to use a gentle, gradual strategy, like slowly boiling a frog, to first acquire stakes in banks, securities firms, and insurance companies in Siam and Malaysia. If there's an opportunity to acquire them, they will acquire them; if not, they will acquire them or engage in cross-shareholding. The goal is to enable Peregrine to conduct business locally, list local companies in Hong Kong, allow locals to deposit money in Peregrine banks, and sell insurance, among other things.

After establishing a foothold in the local market, Peregrine will gradually swallow up its local competitors over time.

This tactic may seem mild, but it's a gradual, incremental approach that won't provoke much opposition overseas. By the time the locals realize what's happening, it'll be too late.

As for whether there are concerns that the local authorities might try to force Peregrine to sell its business there, we'll have to see if they're really that stubborn or if they think Peregrine can't get the 052D.

It's one thing for old Europe and America, but in Southeast Asia, this tiny corner of the Greater China region, it's already a good thing that Peregrine doesn't bully others, let alone be bullied!?
Li Dongling rubbed his slightly sore eyes and signed his name on all the documents, but then noticed the fishing rod that hadn't moved at all for a long time.

Li Dashan, the president of the mainland fishing association, couldn't help but have some doubts about the standard operating procedure for sea fishing that he had just figured out. Could it be that there was something lacking in the standard for sea fishing?

　Sorry for the late update, I apologize.

　　
　
(End of this chapter)