He is Already a Tycoon at a Young Age! - Chapter 96
Only Noblemtl
#096
July 7, 1997, Hong Kong Oriental Investment Corporation representative office.
The plan was to immediately establish an investment corporation in Thailand through Hong Kong-based Oriental Investment Corporation when the Thai baht plummeted and a profit of $5.5 billion was made through foreign exchange futures investment.
‘and.’
The plan has been expanded to include the establishment of a private investment bank in Thailand, although large-scale plantations should also be established, centered on coastal cities in Thailand, as originally planned.
To solve all of these problems, an independent investment corporation must be established in Thailand.
“The investment corporation to be established in Thailand will be a joint venture and the name of the investment corporation will be Asia Finance.”
Han Jun-ho, CEO of Dongbang Investment Corporation, told me.
“Asian Finance?”
“Yes, Thailand is a little less so, but Southeast Asian countries have a negative view of Chinese companies. In the end, Dongbang Investment Corporation will also be seen as a Chinese investment corporation. It would be better to hide the fact that Pacific Investment Corporation is the parent company.”
“Yes, one of our goals was to eventually establish an investment bank in Thailand.”
“Yes.”
If you succeed in establishing an investment corporation in Thailand and establishing an investment bank through that investment corporation, then you are already a success.
‘of course.’
The Thai government’s power elite will be aware that the Asia Investment Finance to be established in Thailand is a subsidiary of Pacific Investment Corporation.
“Is there any progress on the Thailand-related issue that you told us to proceed with?”
“Yes, we have arranged for you to travel to the capital of Thailand on July 9th, before your visit to the United States, to meet with officials from the Ministry of Finance of the Ministry of the Interior of Thailand. Then, you are scheduled to meet with the Royal Thai Prince the following day.”
“The Prince of Thailand?”
He is a famous man who later became the King of Thailand.
“Yes, you may meet the King of Thailand after meeting the Prince of Thailand.”
“I guess I have to look good for that damn Thai prince.”
“Isn’t that the case with all investment projects?”
“Right. And what was the final result of the IT Expo?”
This is important.
Now I have to leave Hong Kong.
[The financial crisis that will soon hit Southeast Asia will move north like a typhoon and shake the Hong Kong economy.]
[At that time, I will focus on investing in Hong Kong real estate as the CEO instructed. After all, the funds for investing in Hong Kong real estate are part of the profits generated from the foreign exchange crisis in Thailand, Indonesia, and Taiwan.]
In any country, when a financial crisis or foreign exchange crisis hits, real estate prices plummet.
‘Hong Kong is also short-term.’
Real estate prices are plummeting.
The plan is to focus on Hong Kong real estate speculation at that time and maximize speculative profits.
‘Because there are 1.2 billion Chinese people.’
Hong Kong property prices will not fall in the future after the Southeast Asian financial crisis.
“I have obtained information on several competent IT engineers. I have concluded that IT-related companies are, as the saying goes, worthless. And this document contains information on engineers who are deemed competent.”
Before leaving Hong Kong, you should check with the IT engineer selected by Han Jun-ho, CEO of Dongbang Investment Corporation.
‘Could it be?’
You will know if you look at the documents submitted by Han Jun-ho, CEO of Dongbang Investment Corporation.
‘There it is.’
When I turned the first page, there was the name of Ma Huateng that I was looking for.
“Mahuateng?”
“I am an IT engineer from a leading company who submitted a business application on the last day of the IT Startup Fair. The business plan was detailed and amazing. And the counterfeit 100 yuan note included in the business plan submitted by Ma Huateng was quite shocking.”
“See you tomorrow.”
“Yes, I will notify Ma Huateng right away. And the representative.”
“Yes, sir.”
“What about the Great Wall tour near Beijing that you asked me to arrange when you first came to Hong Kong? I have a few days to spare before leaving for Thailand.”
“I always do what I set my mind to. I will set off right after meeting Ma Huateng.”
“Yes, I will prepare the plane ticket.”
If you start with Lei Jun and invest in Ma Huateng, it will be your second success. Then, if you go to the Great Wall of Beijing and meet Ma Yun, you will have succeeded in investing in a three-combo.
‘If only that could happen.’
Investing in China is 100% successful.
“Please prepare a male local guide.”
Tour guides are usually women.
‘so.’
When I tour the Great Wall, I will have a higher chance of meeting Jack Ma.
“Yes, I understand.”
* * *
The living room of Zhang Zhidong’s small apartment.
“Ma Huateng, can we receive business capital from Hong Kong Investment Corporation?”
Zhang Zhidong (張志東) is the co-founder of Tencent along with Ma Huateng. However, the future Chinese people only remember Ma Huateng and do not remember Zhang Zhidong (張志東) who is known to intellectuals.
“I got a call.”
“Are you answering the phone?”
Zhang Zhidong asked Ma Huateng with a surprised expression.
“Yeah. He said he was willing to invest.”
Ma Huateng’s eyes were filled with anticipation, but his tone was quite calm.
“So I have to fly to Hong Kong tonight.”
“Is there a plane?”
“They sent me business class.”
Now it’s Ma Huateng who is smiling. Anyway, Ma Huateng was a rather introverted person, and he had a completely different personality from Jack Ma, who would become one of China’s top tycoons.
He was a character who had a personality that was the opposite of Ma Yun, who was very arrogant, perhaps because his appearance resembled that of a monkey. And Ji-seong, who knew all the information about the future, knew this fact exactly.
* * *
A special room in a luxury hotel restaurant in Hong Kong.
I’m waiting for Ma Huateng now.
dripping!
There was a knock.
The door opened carefully.
The man who came in was Ma Huateng, the man I had been waiting for.
‘The only bait is the startup fair.’
It’s to catch a mahouteng. And I’m about to catch a mahouteng right now.
‘There’s a line in a Korean movie too.’
They say the hardest part is getting the gambler to sit down at the gambling table.
I’m similar. I think the most difficult process is naturally meeting people I can invest in.
“My name is Ma Huateng.”
Ma Huateng was holding a briefcase in his right hand.
“nice to meet you.”
I first asked to shake hands with Ma Huateng.
Ma Huateng took my hand respectfully.
‘He is a calm and polite Chinese young man.’
In contrast, the founder Jack Ma, whom we would meet later, was as ugly as a monkey.
He is also a noisy and opinionated person.
‘And I.’
I plan to meet Ma Yun by pretending it was a coincidence.
If I can’t find it by chance, I plan to go looking for it blindly.
‘Alibaba.com is also worth 1,000 trillion won.’
If I acquire just 30% of the shares of such a company, my asset value will increase by 300 trillion won in 10 years.
‘Securing at least 35% of Ma Huateng’s Tencent.’
If I can acquire a 35% stake in Alibaba.com, which Jack Ma will establish, my assets will increase by more than 700 trillion in 20 years.
‘The assets of the largest conglomerate in South Korea.’
In a situation where it doesn’t exceed 30 trillion won, it is a huge deal to acquire shares of just two companies and make it 700 trillion won.
“Why me?”
Ma Huateng asked me out of the blue.
“What are you talking about?”
“I know that a lot of people will come to the startup fair to get investment. I also attended the fair on the last day, and there were a lot of people on that last day. I was notified that I was selected among all the startup applicants. Why me?”
“First of all, I must say that the investment request that the practitioners confirmed was detailed and accurately analyzed the situation in China, which was a plus. The attached counterfeit 100 yuan note was quite effective.”
“Is that all?”
“That was the most important thing, because entrepreneurs need to be able to accurately analyze the market they are going to develop. Do you have any other questions? Wouldn’t it be easier if we sat down and talked?”
“Yes, I will sit down.”
“You also have a partner.”
“You suddenly told me to come to Hong Kong and sent me only one plane ticket, so I came alone.”
“There was a mistake. If you have any further questions about anything else, please let me know.”
First, I think we need to solve Ma Huateng’s curiosity.
‘The Chinese are also very suspicious.’
That is because it is the nature of the Chinese to try to deceive others and gain profit when given the chance.
“What I’m really curious about is why Hong Kong-based Dongbang Investment Corporation is trying to invest in individual entrepreneurs rather than companies.”
This is probably something that anyone might have doubts about.
“When I decide to invest, I want the founders I invest in to be honest and truthful with me, so I tend to be honest. First of all, I judged that Chinese IT companies lack competence and are not trustworthy. Also, there are many cases where they manipulate and exaggerate their own company’s performance.”
“Is that so?”
“And the real reason is because I am a greedy person.”
“What does that mean?”
“In reality, it is more advantageous for investors to invest in individuals than in companies, and they can secure more shares. Is that why now?”
Ma Huateng nods his head at my words.
“I intend to secure maximum investment returns through you, Mr. Ma Huateng. In the process, I can make Mr. Ma Huateng the biggest tycoon in China.”
Ma Huateng looked at me with a dumbfounded expression at my words.
“Me?”
“Do you think it’s impossible?”
“Isn’t that realistically impossible? China is bigger than you, the investor, think.”
This is the moment when the patriotism of Chinese youth is expressed.
“That’s true, but anyway, China, no, the whole world, will create a new world through the Internet. If you lead that new world, you will be the best. And I decided to invest in Mr. Ma Huateng after seeing the counterfeit 100 yuan note included in the business plan submitted by Mr. Ma Huateng.”
Ma Huateng submitted his business plan along with a counterfeit 100 yuan note.
【In the future, China will become a society that has lost trust offline, and accordingly, online account transfer services will develop into a big business.】
This was the last sentence in the startup application submitted by Ma Huateng.
“Counterfeit money is rife in China.”
“That’s right. I instructed an employee of Dongbang Investment Corporation to bring me ten 100-yuan memorial tablets, and it took less than 30 minutes.”
“That’s the grim reality of China.”
“So, just like Mr. Ma Huateng’s business plan, we need to build a different form of payment service. We need an electronic payment service that allows transfers from one account to another. I think your business plan is the IT technology that local Chinese people need the most.”
“you’re right.”
“But, even if you succeed in developing such a payment service, wouldn’t it need to have a lot of users?”
“That goes without saying.”
“That’s why I think that technology needs to be developed to enable text messaging services on mobile phones that don’t require call charges. I think that for any startup, securing technology comes first, and then securing members comes next.”
The Tencent I know can be explained by one thing: QQ.
‘And Cocoa Page, which monopolized the Korean messenger business, stopped at a company with a market capitalization of 22 trillion won.’
Tencent, which monopolized the Chinese market with QQ, becomes a company with a market capitalization of 100 trillion won.
This is probably the inevitable difference in population.
“So you’re saying we should start by developing a free messenger?”