My Lord, you need to stand up!
Chapter 889: I'm a little panicked because I can't keep up with the pace of the proceeding
Chapter 889: I'm a little panicked because I can't keep up with the pace.
Di Kun is indeed a scientist, but a scientist who can become a school principal must not be a pedant.
He was quite adept at academic banter: "I learned from the alumni association that Peter Jean had just completed the acquisition of Asia Television. I was very surprised at the time. Was it Mr. Jean Weidong from the mainland?"
He grew up in Shanghai and received a complete education, from private tutoring to Western-style studies, so he was as fluent in Mandarin as most of the wealthy old men present.
"Yes, it really is him!"
"Starting in June of this year, we assisted Citigroup in selling 7.4 million units of the new computer, with a total value of over $40 billion! This helped increase Apple's market value from $6 billion at the beginning of the year to $52 billion currently!"
The price still caused the entire audience to gasp in surprise.
It's almost the end of December, and this is only half a year's worth of sales!
The stock price has surged nearly tenfold?!
Those who were previously joking about Asia Television's stock price doubling are now exchanging glances, their eyes flashing with Hong Kong dollar symbols!
Since Wei Dong doesn't own any shares in Apple Computer, it's difficult for people to associate his performance with Apple Computer if he remains silent.
For Hong Kong tycoons who don't pay much attention to the IT industry, they are unaware of Wei Dong's Midas touch.
They're all definitely thinking about getting their hands on ATV stock as an investment.
Dikun simply emphasized the financial prospects of the computer industry: "But compared to the sales performance of computer products, as an electronics engineer, I am more concerned about the fact that Pete launched the Kungfu software package last year, which is now popular in Europe and America. The number of installed units should have exceeded ten million. And the computer sound card system launched this year. This is a milestone industry position for Chinese people in the international IT industry, proving that we Chinese can also occupy a place in the most high-tech personal computer field!"
Software package?
Sound card?
Is it edible? It's not like investing in stocks. The wealthy must be a little confused.
These wealthy individuals don't care whether Chinese people can gain a foothold in the high-tech field.
Dikun was very concerned about this matter: "But compared to sales performance and IT product research and development, I think the most valuable thing about Pete is his vision for the future of the IT industry. He has a very accurate grasp of the huge impact that the international Internet will have on the future, and this will be the only chance for the Chinese University of Hong Kong to become one of the world's top universities!"
Now, the school's top officials all turned their attention to Rang Weidong.
In fact, the name "Chinese University" itself indicates that the university is originally positioned as a liberal arts institution, which is why Wei Dong initially paid little attention to it when he first heard the name.
Their main focus is indeed on the humanities academic expertise of several academies.
However, unlike large countries where hundreds of universities each have their own responsibilities, the restrictions in these small places are extremely flexible.
It was because of the already renowned Dik Kwan that the Department of Electronics was newly established in the 1970s, and he was invited to serve as a professor and department head.
Now that he has achieved even greater success, he has been directly appointed as the principal this year.
This clearly demonstrates that the educational philosophy of this university is quite different from that of those rigid, old-fashioned institutions.
First, we need to make the school a prestigious institution. The more prestigious it is, the more big names it will attract, and the more social donations it will receive. This will further enhance its academic standing and attract more talented students.
This creates a virtuous cycle.
So they weren't surprised by the "genius" in his twenties, and even applauded along with Di Kun: "So please welcome Mr. Wei Dong to give us his perspective on the future... Welcome..."
Having already witnessed grand scenes in Kyoto, Rang Weidong was truly calm and unhurried, showing no signs of excitement.
She stood up, smiled, waved, and walked onto the stage.
Qin Yuye slowly joined in the clapping, taking the opportunity to respond to her new best friend: "Why does it seem like I'm finding him a mistress? Is he playing some kind of trick? No, I only admire the strong. If he were just an ordinary rich guy, I would definitely demand that he only love me. If he can't do that, then goodbye. Because for us, it's not hard to find a rich young man like that. But when he can rival the elite, then my thoughts will definitely change..."
The man, standing behind a single podium at the edge of the stage, said: "I am very happy and honored to have the opportunity to stand here and say a few words. A friend just reminded me that Asia Satellite Television's stock price has increased and its market value is now. I saw that they even had secretaries and assistants using mobile phones and pagers to get stock information. This is a new technology that we couldn't see a few years ago. What will the next step be?"
Sure enough, when it came to money, the wealthy instantly focused.
"A phone line connects to a computer, and all stock data can be viewed at a glance on the computer screen. You can even sit here and attend a meeting while simultaneously buying and selling stocks. Oh, of course, nowadays you can contact your stockbroker to trade using your mobile phone, but I'm talking about tens of thousands of retail investors being able to trade from countless locations using computers and phone lines. This disruptive model will completely change the way stocks are played..."
If hearing about billions of dollars before elicited gasps of surprise, now it's turned into a cacophony of voices. Someone even raised their hand: "Tell us more about it!"
"Didn't you say you don't understand stocks? Explain in detail?"
Wei Dong looked up and said, "I really don't understand, but... Barbara, write this down. We'll form a team to work on this stock software later."
Qin Yuye was suspicious: "Are you looking at me or not? I don't think so... Okay! Hehe, you're looking at me."
In fact, Wei Dong was really looking at Zou Huimin at that glance. His understanding of stocks came from a TVB drama series in which Zou Huimin starred: "The most important thing about stocks is the real-time transmission of information. In Hong Kong, countless people pay attention to US stocks every night. So the current information transmission is done with special equipment and can only be concentrated in the stock exchange. But if Mr. Di and I join forces, we may be able to make the whole Asian region easily receive all the financial and stock market information in the world, and make it easy for everyone to trade stocks at home."
The crowd erupted in uproar again, with many people standing up: "Explain in more detail? Can everyone trade stocks on their own?"
"Trading stocks using a telephone line?"
Hong Kong people love to boast about their stock market and horse racing activities, two characteristics that are even more prominent than the ubiquitous presence of gangsters. The phenomenon of people speculating on real estate comes second.
Most of these business tycoons transitioned from manufacturing to finance, and stocks were undoubtedly a multiplier of their wealth. They relied on stocks to leap from millions to tens of millions to hundreds of millions or even billions.
It's absolutely impossible for someone like Wei Dong and his wife to make billions of dollars just by selling things in Hong Kong; even selling houses doesn't reach that scale.
So this is indeed closely related to them.
Wei Dong smiled and kept her in suspense: "We still need to speed up the research and development. If we're slow, others will develop it first and then charge us higher prices. But I can explain a detail: Mr. Di's research on fiber optic cables is like a water pipe more than a meter thick, while existing communication lines are just rubber hoses the thickness of a finger. Through Mr. Di's pipe, a large amount of information and data can be transmitted... Yes, do you see Mr. Di's foresight?"
He raised his hand to indicate: "These thick submarine pipelines are barely enough to transmit stock information. But with the fiber optic cables invented by Mr. Di, we can transmit massive amounts of information. Even the information transmitted by ATV Information Channel is nothing compared to this. Hong Kong will then truly be integrated with Citibank. Any information that happens there will be known here instantly. From now on, there will be no more physical spatial distance. The whole world will be connected, and the global village will become a reality!"
This last sentence has a bit of Yu Qili's style.
The board members were all shocked!
The board of directors system is a common model adopted by universities in Hong Kong, in which university seniors, social elites, government officials, and student representatives vote on various important university affairs.
Of course, the degree of influence varies among individuals, and student representatives are at most a "suggestion box."
In short, the board members of CUHK previously judged the appointment of Dik Kwan as president based more on his international reputation and academic standing.
In reality, what he was studying was something that seemed impressive but was actually quite unclear.
Now I finally know how amazing he is.
It is precisely because of this that someone like Wei Dong, who doesn't actually understand technology, can explain it in layman's terms: "Mr. Di's contribution to humanity is to increase the flow of information pipes by thousands or tens of thousands of times with the same cost of laying cables... or even more?"
Finally, they asked Di Kun, and the scientist Yan Jin replied, "Theoretically, it should be more than a million times."
But the smile was truly comforting.
It's really a struggle to explain these scientific and technological concepts to the wealthy!
Now the wealthy finally realize the value of this scientist.
Do more with less?
This is a million times more effective than the previous method!
So when Wei Dong clapped on stage, the whole audience joined in the enthusiastic applause.
Qin Yuye also encouraged her best friend to join in: "You see, when he even surpassed these generations of wealthy families, I already felt that I couldn't keep up, and I started to have the mentality of pleasing him. I don't want to be like this... But he rose too fast. You see, today is different from yesterday."
That's right. Before Di Kun's visit last night, Qin Yuye had never heard Wei Dong mention the word "fiber optics," and none of their businesses had anything to do with it.
Now it's as if the entire family is tied to fiber optics:
"Mr. Di is in charge of developing this technology. I can apply it to the market as much as possible. Hong Kong will become the world's fiber optic technology center and the place with the fastest information flow in the world. The era of information explosion is about to be born in Hong Kong, and all walks of life will be affected by it. Can everyone here seize this opportunity?"
Uncle Liu, who had been discussing TV dramas with Wei Dong, couldn't help but turn around and look at Uncle De, who was sitting in a wheelchair next to him: "Can you understand me?"
Uncle De was equally bewildered: "Before selling the TV station to him, I never imagined it would turn out like this..."
Old Heng and his generation of middle-aged people are more straightforward: "Just observe, test, and follow. But Pitt's crazy foray into new fields, which he has shown since three years ago, has surprised us time and time again!"
That's why I can't help but panic.
(End of this chapter)
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