We are all reborn, who wants to be the richest man?

At the end of March, after Far East Communications raised the purchase price of Hong Kong Island Telephone to 16 Hong Kong dollars per share, Jardine finally couldn't stand it any longer.

Based on this price, the total market value of Island Phone is HK$14.8 billion, which is double the market value of Island Phone before the two companies acquired it.

Seeing that Luo Nianzhong did not intend to cooperate and could not accept the current price, Yihe had no choice but to sell its shares of Hong Kong Island Telephone to Far East Communications, make a fortune and completely withdraw from the competition.

Far East Communications issued an announcement on the same day after acquiring the shares from Jardine Matheson.

Announced that it would stop acquiring shares of Island Telephone and took control of Island Telephone with a 55% shareholding ratio.

What followed was a decline in Hong Kong Island Telephone's stock. Although it did not fall back to its original price, it also shrank a lot. Many people said that Luo Caishen's business was a loss.

Some people question whether the myth of Luo Caishen is about to be shattered.

Amidst the doubts from some outside media, the Far East Group's product launch conference was held.

With the development of Far East Group and the launch of various world-changing products, the current Far East Group product launch conference has become the focus and event of the global technology community.

Both invited media and media without invitation letters will flock to Hong Kong Island in large numbers in the days before the press conference, which to a certain extent promotes the development of Hong Kong Island's tourism service industry.

Apart from anything else, the high-end hotels on Hong Kong Island are full every day these days, and it takes several days for each customer to make a reservation.

The Far East Group already has experience with press conferences. Luo Nianzhong didn't even pay specific attention to it, not to mention going to the event. Welch was in charge of the entire process this time.

In terms of games, the hen that laid the golden eggs of the Far East Group still lived up to the expectations of game fans.

Not only did it bring the flagship King of Fighters, but it also launched the Famicom, taking Nintendo's way.

In addition, due to the openness of the platform, many other manufacturers have also brought some games that have been approved by Honor Games.

In terms of personal computers, there is no flagship machine with a new CPU.

However, Honor computers will start to use the 3.5-inch hard drive that Seagate has just successfully developed in the future, and will develop a vertical chassis, which will qualitatively improve heat dissipation.

Originally, Luo Nianzhong wanted to develop or invest in a hard drive manufacturer, but Seagate, which had just been established, came to the door.

In order to allow Honor Computer to use its own products in the future and quickly open up the market, Seagate very boldly gave up 30% of its shares.

Luo Nianzhong did not expect that Seagate had already been established. Since there was such a hard drive manufacturer that had proven itself in history and was so obedient and sincere, Far East Group accepted this little brother.

Originally Seagate's first product was a 5.25-inch hard drive, but after Far East Group took a stake, Luo Nienzhong asked them to develop the 3.5-inch hard drive they were familiar with in their previous life.

With a large investment of funds and more than a year, this hard drive that Luo Nianzhong was familiar with was finally developed.

The product that Far East Group is vigorously developing this year is the application of IC cards. Whether it is banking, utility bills or transportation, Far East Group has developed specialized systems based on these.

It also announced that Far East Bank will vigorously promote IC card savings cards and credit cards starting next year, and its related companies will also actively promote the use of IC cards.

Before IC cards, magnetic stripe cards were used all over the world, and the performance of the two was not even slightly inferior.

In terms of storage, one is measured in megabytes and the other can only store a few hundred bytes. The capacity is clear at a glance.

Moreover, IC cards can be encrypted, but magnetic stripe cards cannot achieve this function.

In terms of longevity, IC cards are five to ten times more expensive than magnetic stripe cards. In the past, magnetic stripe credit cards that were popular in Europe and the United States usually required a new card every one to three years. However, IC cards do not have this trouble and can be used for more than ten years.

Not to mention the anti-interference aspect, the two are simply not comparable.

In terms of anti-magnetic, waterproof and anti-static, magnetic stripe cards are very ineffective, but IC cards don't have many problems in this regard.

The most important thing is the anti-counterfeiting ability. Magnetic cards are easy to counterfeit, so banks dare not promote magnetic stripe debit cards.

However, because IC cards can be encrypted, they are difficult to forge. This alone can allow IC cards to quickly occupy the market.

The most important thing is that the cost of using IC cards is lower, and its reading and writing equipment is cheaper and easier to maintain. These advantages combined have no reason not to replace the current magnetic stripe cards.

This is a monopoly business in the world, otherwise Far East Group would not be able to promote it this year.

In addition to IC cards, another major product at this year's Far East Group product launch is software.

Not only has Far East Group launched its own CAD software, but it has also launched EDA software. Far East Chip's next generation products are now being developed using its own EDA software.

And subsequent CAE, CAM software, etc. are all being developed in an orderly manner.

Luo Nianzhong didn't want to be choked by someone in the future. If he was to be choked, he could only choke someone else's neck.

Another major feature of this year is that new products from Nissan, Hitachi, Canon, etc. were also presented at the Far East Group's product launch conference.

For them, it would be a waste not to use such a highly visible platform.

Luo Nianzhong also wants to use more brands and more products to increase the impact of the Far East Group's product launch conference. It is not impossible to turn it into a Far East exhibition in the future.

Not to mention them, even the YDD luxury goods empire wants to come and join in.

However, because it was too late and the preparation time was too hasty, Luo Niazhong refused and told them to wait until next year.

Due to the increase in products, the time has also changed from two days to five days.

The first two days are for the launch of various products, and the next three days are for visiting and displaying.

In five days, Hong Kong Island has greatly increased its reputation in the world.

In the past few days, relevant newspapers around the world have been reporting on this event, and Governor MacLehose even visited the site to inspect it.

Just when the whole world was going crazy about Luo Nianzhong's Far East, he became leisurely, as if nothing had happened.

On the high seas, Mi Gao, who was visiting Luo Nianzhong's super yacht, was filled with envy. He wished he had such a yacht.

"I told you that I'm really convinced by you. You don't even show your face to such a big thing like the Far East Group. Are you still in the mood to go fishing?"

After hanging up new bait and throwing the bait into the sea, Luo Nianzhong sat leisurely on the deck chair.

"Otherwise? Is there any difference with or without me? If I could sell hundreds of millions more products in the past, I would have climbed over it."

"If you pay back hundreds of millions of dollars, you are really embarrassed." Mi Gao had a look of disgust on his face.

"What, brother, isn't my face worth this little money? Do you believe it or not, it's not a problem to borrow a billion or eighty million from the bank just by relying on my face?"

Mi Gao wanted to say something else, but after opening his mouth, he didn't know how to speak.

Because what Luo Nianzhong said was correct, banks in Europe and the United States would indeed lend him money based on his face, not to mention one billion or eighty billion, more was possible.

Then Mi Gao thought of himself again, and his mood suddenly became less beautiful, so he quickly changed the topic.

"It's a pity that our new hotel has not been completed yet, so we have missed this wave of market trends."

Peninsula Hotel has been designated as a high-end luxury hotel brand by Luo Nianzhong, and future branches will follow this path.

So the new five-star hotel brand of the Grand Hotel Group was born, called Grand Hyatt Oriental.

The first one is located near the Far East headquarters in West Kowloon and is now under construction.

"There is no regret. You can't make enough money. Enjoying life is the most important thing."

Regarding Luo Nianzhong's understatement, Mi Gao complained, "You are a full man and don't know how hungry a man is. If I were the richest man in the world, I would travel around the world with a group of beauties."

Luo Nianzhong glanced at him, walked over and patted his shoulder, "So you are dissatisfied that you were not born into the Luo family? It's too late to change your name now."

Mi Gao was stunned for a moment, then he reacted and cursed, "Get out of here. Judging from your age, I am your father."

I ordered the wrong time and the title has not been changed. I will change it later.