Hong Kong Movies: You Hongxingzi, what the hell is the charity king?

Chapter 882 Domestic Side Story 3: Alibaba, the Showdown with Foreign Capital! (The End)
Hong Kong Island

Central Plaza.

Guan Zu stood in front of the floor-to-ceiling window, looking at Gang Sheng.

"Ring ring ring~~~~"

The telephone on my desk rang.

"Mr. Guan, this is Jack Ma, from Hangzhou, from the Zhejiang investment promotion delegation last time..."

"Oh, it's Little Ma... I remember you, the one who looks a bit different..."

"........."

Jack Ma was completely silenced.

"Ahem... Mr. Guan, last time I talked to you about a website idea, and you said that if I needed money, I could ask you for investment..."

"Investing? No problem..."

"Ah, thank you, Mr. Guan. When are you free? I'd like to visit you and report on my project."

"Anything's fine, I'm pretty bored right now anyway..."

"........."

Jack Ma felt that Guan Zu was showing off, but he couldn't find any evidence.

"Okay, I'll fly to Hong Kong Island today and visit you, Mr. Kwan, tomorrow!"

"Come on... Oh, by the way, I'll treat you to pork tripe and chicken soup. I've recently become fond of it, and Xiao Ma said it was delicious last time too~~"

"........."

Jack Ma: You must be talking about Mahuateng, right?

……

……

Hangzhou,

After hanging up the phone,

Jack Ma looked at the Eighteen Arhats.

The eighteen Arhats stared intently at Jack Ma, their eyes filled with anticipation.

"How about it?"

Did the other party agree?

"Brother Ma, why are you silent?"

Jack Ma was serious for three seconds, then burst into laughter, "Haha~~~ Mr. Guan has agreed! We'll set off today! We'll visit Mr. Guan tomorrow!"

"Really?"

"Great!"

The eighteen Arhats cheered!
"By the way, who among you wants pork tripe and chicken soup?"

"what?"

Just then, ring ring ring~~~~~
The office bell rang.

She is Lin Xiaoru (a Taiwanese), head of Goldman Sachs' private equity division in Asia.

"Mr. Ma...when would you like to schedule a time? Goldman Sachs has helped you find Transpac Capital in Singapore, Investor AB in Sweden, and the Singapore Government Technology Development Fund..."

"Let's set a time to come to Singapore and talk."

Who is Lin Xiaru?

She was educated in the United States, and she met Joseph Tsai on a flight from Taipei to New York. At the time, Joseph Tsai was going back to Yale and Lin Hsia-ju was going back to Harvard. Their seats were next to each other, and that's how their relationship began.

Later, when Joseph Tsai was looking for investment for Alibaba, he had a bad day negotiating with Pan Asia Capital Management Company. He called Lin Xiaoru, who was very interested in Alibaba’s project and eventually facilitated Goldman Sachs’ investment negotiations with Alibaba.

As for her personal inclinations—well, you know what I mean.

Jack Ma thought for a moment.

They decided to use someone else's name to intimidate them.

“Ms. Lin, I’m going to Hong Kong Island tomorrow to visit Mr. Kwan Cho, Chairman of the Five Star Group, to discuss investing in Alibaba. How about I go to Singapore a week later?”

"what?"

Lin Xiaru was startled on the other end of the phone.

As the head of Goldman Sachs Asia, she couldn't possibly be unfamiliar with Five Star Group and Kwan Cho, especially since she was based in Hong Kong.

"Why look for him? He only has influence in Hong Kong Island. Don't you want to list your company in the US?"

Jack Ma's mouth corner √.

She is anxious!

The conditions were very harsh, and they absolutely refused to budge.

Indeed, going to Hong Kong Island was the right decision.

Jack Ma continued to pull out all the stops: "Ms. Lin, you may not know this, but I met Mr. Kwan when I went to Hong Kong Island with a Zhejiang investment promotion delegation. We had a chat, and he was very interested in my cooperation ideas."

what? !

Lin Xiaru became even more anxious.

Oh no, the fish is about to get off the hook.

However, knowing she couldn't rush things, she continued in a calm tone, "It's good to compare prices from multiple sources, but Goldman Sachs has a wide network of resources globally and can help Alibaba quickly connect with top global business channels. Once you choose us, Goldman Sachs can act as a bridge for you, whether it's technology acquisition or finding partners to expand into overseas markets. This is something that a single company in Hong Kong can't easily do..."

Jack Ma's lips curled into a smile: "Ms. Lin, I appreciate your sincerity. How about this, we can discuss this in more detail after my negotiations in Hong Kong conclude..."

Drag word trick!

……

Soon, a plane took off from Hangzhou and headed to Hong Kong Island.

After arriving in Hong Kong Island, Jack Ma's team began rehearsing the negotiation process at the hotel, imagining various difficult questions from Kwan Cho.

……

A new day,
Jack Ma and his entourage, dressed in sharp suits, arrived at Central Plaza.

Show your business card.

Soon, they were taken to Guan Zu's office on the top floor.

Upon entering, you are greeted by a huge aquarium and spacious offices.

Jack Ma's heart burned with excitement: That's awesome! I want an office this big and a fish tank this big in the future.

"Hey~~~ Little Pony, long time no see."

"Mr. Guan!"

"sit!"

Guan Zu sat on the sofa, while Jack Ma sat stiffly on one side.

Drinking tea and chatting about everyday life.

"The last time I saw you was in 96, it's been three years."

"Yes, Mr. Guan, I remember meeting you at the Five Star Supermarket..."

What impressed me most was Guan Zu's line, "I'm not interested in money," which made me feel like my luck had been stolen.

After chatting about everyday things,

Jack Ma began to formally introduce his Alibaba:

"Mr. Guan, since our Alibaba website launched in February this year, it has been developing quite well. By July, the number of members had reached 38,000; in September, it had grown to 80,000..."

"Our goal is to enable small and medium-sized enterprises to showcase their product information through our platform, attract domestic and foreign buyers, and obtain orders. We are the first and currently the only one in the country to do so."

Upon hearing this, Guan Zu looked at Jack Ma.

This Malaysian is really good at bluffing.

If he remembers correctly, eBay was founded in August.

eBay China (eBay) was quite large, even rivaling Alibaba for a time. So why didn't Guan Zu pay attention to eBay China?

Guan Zu always believed that investing in people is worse than investing in a company.

For example, My Little Penguin.

For example, Jack Ma of Alibaba.

The problem with eBay was that its founder was a bit lacking; after being invested in by eBay, it lost control of the company.

In June 2004, EachNet merged with eBay, moved its servers to the United States, and transferred all system permissions to the US headquarters.

That's incredibly stupid!

On the one hand, the data is being controlled by others.

If every decision has to be made by the US, the process will inevitably be very slow. In addition, if Americans are in charge, they will inevitably be very arrogant, and problems will inevitably arise with system upgrades, improvements, and localization.

On the other hand, it is clear that power has fallen into the wrong hands, and the founder lacks the courage and wisdom to make decisions.

Even if Guan Zu invests in eBay, the founder may still make a foolish move and lose to Jack Ma.

Therefore,
After weighing the pros and cons, Guan Zu felt that investing in Jackmai was simpler and more direct, requiring less worry.

Jack Ma, unaware of Guan Zu's decision, continued his long and eloquent introduction:

"Although we are still in the initial stage, our profit model is not yet mature, and our funds are relatively tight, the rapid growth in membership is enough to prove that our model meets market demand..."

"Furthermore, everyone on our team is full of enthusiasm for our work..."

As Jack Ma spoke, he observed Guan Zu's expression, trying to catch a hint of approval in his eyes.

Then, Guan Zu remained expressionless.

This made Jack Ma very uneasy.

Finally, he had to bring up Goldman Sachs to boast about himself.

"Goldman Sachs is very optimistic about us and is preparing to invest in us..."

"Furthermore, we have already contacted eight international investment banks and are preparing to meet with them next week."

Guan Zu feigned surprise at the opportune moment: "Goldman Sachs?"

Jack Ma: "Yes. Goldman Sachs is a top international investment bank. Their optimism proves that Alibaba is indeed a very good company."

Guan Zu asked curiously, "What conditions did they offer?"

Jack Ma thought for a moment, then played a little trick: "Their condition is 40% of the shares..."

Before he could finish speaking, Guan Zu waved his hand and said, "Impossible."

"Your Alibaba is too weak. If Goldman Sachs were to invest, it would definitely be for more than just this..."

Guan Zu stared intently at Jack Ma: "I'm afraid you don't know, but I also own several very large companies in the United States, with over 10 employees, as well as a television station. I have a very good relationship with the ruling Democratic Party, and I also have quite a few people on Wall Street..."

"If you're trying to hide this from me, you're mistaken. Investigating this will be easy for me!"

Jack Ma: "Huh???"

Suddenly, I felt as if I had been hit on the head with a stick, and I was left feeling dizzy and disoriented.

Cold sweat.

He didn't expect Guan Zu to have such a large influence in the United States.
What happened to the promise that it was only a Hong Kong Island company?

"Feel sorry!"

Jack Ma didn't dare to try anything clever this time and quickly said honestly, "The other party wants 50% of the shares, as well as a veto right and the right to prevent share dilution."

Guan Zu: "Tsk tsk tsk~~~ He's so damn greedy."

Guan Zu looked at Jack Ma speechlessly and said, "If you accept their advice, wouldn't they be able to trample on you like that?"

Jack Ma was embarrassed.

Guan Zu: "I'm somewhat interested in your company, so I'll invest. I don't need any veto power, but I do want management participation rights, anti-dilution rights, and 30% of the shares..."

"In addition, Five Star Group has many capital allies in the United States. If you want to list in the United States, Five Star Group can help you do it. You don't need Goldman Sachs."

Jack was overjoyed and quickly said, "Thank you, Mr. Guan!"

Guan Zu didn't care: "No need to rush to agree. Maybe you'll be tempted after you see Goldman Sachs' terms..."

Guan Zu glanced at his watch: "Alright, I still have work to do... As for the pork tripe and chicken soup, I won't treat you to it..."

"I've arranged for someone to liaise with you during these negotiations."

Guan Zu drives away the guests.

Jack Ma was embarrassed.

He knew that Guan Zu's attitude stemmed from his own petty tricks.

Fortunately, Guan Zu agreed to invest.

After leaving Central Plaza, Jack Ma quickly met up with several of his subordinates.

"How about it?"

Everyone looked at him expectantly.

Jack Ma: "Mr. Guan agreed. He wants management participation rights, anti-dilution rights, 30% of the shares... He said that the industry in the United States is also very large, and he can help with the listing in the United States."

Upon hearing this, everyone cheered.

"Much better than Goldman Sachs!"

"Yes, Goldman Sachs is too domineering!"

Jack Ma: "By the way, Mr. Guan said he won't be treating us to pork tripe and chicken for the time being."

Everyone: "Ah???"

"Old Ma, did you upset Mr. Guan?"

"Old Ma, are you confused?!"

Jack Ma: "………………"

……

Back to the hotel,

Jack Ma then called Lin Xiaru and gave her an inflated account of the situation.

"Mr. Guan only asked for 20% of the shares and even offered to help with the listing in the United States..."

Lin Xiaru: "…………"

……

……

9 month 23 day,
Jack Ma led a team to the United States to inspect Umbrella Property and Happiness Property.

At first glance,
Damn, that’s awesome!
9 month 29 day,
Jack Ma returned to Hong Kong Island and officially signed an agreement with Five Star Group for US$300 million and a 30% stake.

So far,

Goldman Sachs is officially out!

With Five Star Group in the picture, SoftBank will likely be forced out in the future!

Lin Xiaru: "…………"

Overturn the table (╯‵□′)╯︵┻━┻Ah!

The duck that was in hand flew away!
I originally wanted to squeeze some money out of Jack Ma and show these mainlanders what I was capable of, but I ended up losing everything!

……

On October 1st, Beijing held a grand military parade to celebrate its 50th anniversary.

Of the 42 types of large-scale equipment on display, over 90% were new, indicating that technologically advanced weaponry has begun to become the main combat weaponry, and the vast majority of these weapons were made in China.

ATV and TVB broadcast the entire event live for all Hong Kong citizens to watch.

..............................

P.S.: The military parade, in one word: global coverage!
(End of this chapter)