Note that this book is a slow-burn novel, and it will become increasingly exciting as the story progresses.
It starts from 2002, beginning at the Beijing Film Academy, and starting with the H...
I've appeased both my mother-in-law and father-in-law.
Later, Shen Fang's father-in-law talked to him about many things, mainly about the future of the Internet. Although his father-in-law works in the jewelry industry, he is also very interested in emerging things. He also knows a lot about Tencent's recent aggressive advertising.
I'm planning to make some investments in the internet sector.
Shen Fang naturally dared not keep anything to himself; whoever makes money, makes money too.
"Uncle, if you have any spare money, I suggest you start buying up Tencent shares as soon as it goes public. Holding onto them will guarantee your money doubles year after year. I have long-term plans for Tencent's future. Tencent has no shortage of technology, users, team, or funds. It also has several outstanding leaders. Tencent has all the hallmarks of a successful company. It's only a matter of time before it soars to great heights. This is a great investment opportunity."
Upon hearing this, Mr. Chen nodded, and Mrs. Chen, who was standing to the side, also looked interested. She certainly wouldn't believe it if someone else said it, but she believed what her son-in-law said. In private, Mr. Chen and Mrs. Chen had already investigated Shen Fang thoroughly.
When they learned that Shen Fang had amassed a huge fortune at the age of 18 and was a versatile talent who excelled in every industry, they all felt that Shen Fang was a genius, a dragon among men.
"Xiao Fang, your aunt's family has quite a few dorm rooms and is quite well-off. They also have many friends. If you don't mind..."
Shen Fang smiled and said, "Auntie, buying up goods is fine, but large-scale purchases must be accompanied by a confidentiality agreement, and the goods must be held for at least three years before they can be traded. Also, large-scale transactions are not allowed, otherwise it may cause fluctuations in the company's stock price, which would be bad."
Mr. Chen smiled and said, "Since you're so confident, would you like your uncle to lend you a hand? Your uncle has some connections and a lot of funds. How much money are you planning to raise for this IPO?"
Shen Fang flashed his bright white teeth and stretched out his hand to slap him.
"5 billion."
"hiss......"
Chen's father, Chen's mother, and Chen Huilin were all shocked by Shen Fang's extravagant spending.
“Uncle, don’t be surprised. Actually, 5 billion is not much, and I believe we can definitely raise it. Huang Youcai from the Landlord Association has already contacted me. In addition, world-class financial groups such as Goldman Sachs, Sequoia Capital, Morgan Stanley, and SoftBank all want to be our agents for the listing of Tencent.”
Mr. Chen looked at Mrs. Chen.
“Since your son-in-law is giving you a chance to make money, you should seize it. Talk to your uncles and father in the Cao family and ask them to raise some funds. I’m trading with a few old friends, and Uncle Fang will help you out. Don’t let me down.”
"Uncle, how much money can you raise?"
Mr. Chen smiled and said, "We still have about 500 million."
Wow, I didn't expect my in-laws to be so supportive. If they had the support of 500 million yuan, and went on a buying spree that day, there would definitely be a lot of people following suit, and the stock price would definitely soar.
"Uncle, in that case, you should raise funds as soon as possible and allocate them in a unified manner to give Penguin a boost on the day of its listing."
Chen Chongwei smiled and nodded: "Xiao Fang, at your age, you have achieved so much. Your uncle hopes that you can grow to the level I look up to."
Shen Fang quickly waved his hand: "Uncle, I will always be a junior. It is my honor that you have given me your most precious treasure."
Chen Huilin felt a sweet warmth in her heart upon hearing this; the little devil was quite good at talking.
After a week of buzz, the name Penguin has become well-known in Hong Kong, especially after superstars like Andy Lau, Chow Yun-fat, and Jackie Chan endorsed it. Penguin advertisements appeared on television, in print media, on buses, and even in jewelry stores, watch shops, and supermarkets.
Penguins suddenly became incredibly popular.
Huang Youcai, Jane Landa of Goldman Sachs, Solomon Jones of Morgan Stanley, Shen Nanpeng, the super comprador of Sequoia Capital, and Sun Guoxing of SoftBank all came to him.
After several rounds of negotiations, the landlords and Goldman Sachs both emerged victorious, with both companies acting as agents and guarantors to secure 30% of the newly issued shares at a price of 3 yuan.