Chapter 364 Wrong Ideas



In fact, Singapore's original intention to use Magi research to unify the ASEAN forces was thwarted by India's insistence on squeezing in.

You should know that Singapore invested a lot of resources in that project, but the results were completely unsatisfactory.

All of these will erode the Li family's reputation.

Now that Singapore is being handed over to Zheng Li in this way, Lee Hsien Loong feels reluctant, but mostly relieved.

As long as you do a good job of asset allocation in the future, it will be more than enough to last for at least ten generations.

"Mr. Zheng has already completed the transaction, and he needs to change his nationality to Singaporean nationality as soon as possible."

Then we will introduce a bill in Congress to replace the candidate.

This proposal will definitely pass.

The Singaporean councilors all had their own guesses about Zheng Li's identity.

Originally, when Li Xianlong was in power, their power was also very small, and it wouldn't change much after Zheng Li took over.

On the contrary, the future that Zheng Li can bring to Singapore is completely different from the future that the Li family can bring to Singapore.

Therefore, for these lawmakers, a little communication was all it took for everyone to express their full cooperation.

Although we don't know what deals were made behind the scenes, it's a good thing for everyone if Singapore can develop better.

In this new era, Singapore is being led to development by the creators of this new era.

“Zheng Li said that there is no need to go through the trouble of changing nationality. You can just use Merlin as your name. He will be there on time.”

"What? Well, the mage's methods are indeed beyond our imagination."

The Singaporean authorities had expected some kind of ceremony, but there was none.

Prior to this, Zheng Li had significantly reduced his holdings of Kechuang Bio's shares in the secondary market.

The reduction in holdings is approximately five percent.

Zheng Li's large-scale reduction of holdings also caused panic in the capital market.

Zheng Li, who has been the largest shareholder of Kechuang Bio for many years and has never reduced his holdings since the company went public, has surprisingly reduced his holdings in Kechuang Bio for the first time.

Why did Zheng Li choose to announce his share reduction plan six months before the virtual reality product was about to be released, instead of earlier or later?

Is it because virtual reality technology is not performing as expected, and Zheng Li hopes to use this to avoid a potential stock price crash?

"What are you thinking? If that's the reason, why not reduce your holdings even more?"

Even if Zheng Li reduces his holdings by 5% this time, or even if he reduces them by another 5%, his shareholding in Kechuang Bio will still be higher than 50%.

I guess it's just someone's spending plan.

"What kind of spending plan could possibly involve trillions of RMB?"

This cash flow is terrifying.

"Actually, the most unfortunate one is the first general manager of Kechuang Biotechnology, because he reduced his holdings too early."

I recall that the media later reported on his own entrepreneurial endeavors, revealing that after so many years of entrepreneurship, he had earned less than he had from consistently holding shares in Kechuang Biotechnology.

"Don't panic. Reducing holdings is a very normal thing. You know, Zheng Li hasn't reduced his holdings for so many years. He's a major shareholder who only reduces his holdings once every ten years. He's incredibly conscientious."

From stock forums to Xueqiu and Tonghuashun, many people are discussing stock-related topics on various apps, but these discussions are mostly limited to the future trends of stocks.

There's also a lot of discussion on social media, and these discussions often include conspiracy theories:

"First came the large-scale reduction of holdings; will the next step be to resign as chairman and then gradually retire?"

"No way, Zheng Licai is only thirty years old."

"That's not necessarily true. We might see news about Zheng Li vacationing overseas soon."

"That's normal. After working hard for more than ten years, it's normal to need to rest for a while."

Young has now been promoted from head of the investment department to head of Greater China, but Goldman Sachs has had a succession of presidents in Greater China.

He couldn't find any acquaintances in Hong Kong, so he found more in Shanghai.

"Have you heard anything about Zheng Li's large-scale reduction of holdings this time?" After returning to Hong Kong, Young contacted a friend in the same investment circle, wanting to share the news he had just received.

"have no idea.

With his status and position, how could he possibly lack money?

Forget about money, whatever he wants, it's not just China that will get it for him; America, the Europa League, Japan, and Korea—which of them wouldn't want to curry favor with him?

Once you reach a certain status, money becomes just a number, merely a token for accessing social resources.

Zheng Li's name is the best proof; he doesn't need money.

Young smiled smugly: "You wouldn't know this, would you?"

I recently received news from Singapore that Zheng Li has completed a transaction with the Li family in Singapore.

The Li family sold Lion City as a package deal to Zheng Li, for approximately 5% of the shares of Kechuang Biotechnology.

The other party suddenly slapped his thigh: "The Li family has a good plan!"

I underestimated this kid from the Li family.

His move was rather shrewd.

young: "Why?"

Didn't you just say that money doesn't matter?

The social resources that Singapore can mobilize are far beyond what this mere five percent of a share can provide, right?

No, no, no, you're wrong.

The Li family simply needs to leverage Zheng Li's influence and technological strength.

Zheng Li has nominally obtained power in Singapore, but given his personality, will he really exercise this power?

The Li family has been operating in Singapore for over a century. Zheng Li holds nominal power, but in reality, the power is still in their hands.

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