Chapter 310 Goldman Sachs Takes Action



Shen Fang nodded. Often, capital games don't require many tricks. For a world-class investment bank like Goldman Sachs, their reputation is synonymous with money and power. Successfully manipulating or shorting the shares of a small company is incredibly easy. That's right, NetEase is still a small company; its size doesn't attract much attention on Wall Street. As long as the big players are willing to spend money, there's little Goldman Sachs can't accomplish. It's worth noting that Goldman Sachs has a success rate of over 78% in mergers and acquisitions within the financial world, demonstrating the immense strength of its capital.

Just then, Shen Fang's phone rang. He took it out, and the screen displayed Ding Sanshi's name. He handed it to Xu Xin, who laughed. Shen Fang also laughed and answered the call.

"Hey, Lao Ding."

Ding Sanshi's joyful voice came from the other end of the phone.

"Mr. Shen, how did you do that? Goldman Sachs actually got involved? Amazing!!!"

"Awesome? Am I awesome or is Goldman Sachs awesome?"

"They're all awesome! They're all awesome!!!"

"Fatty Ding, I poured 5 million US dollars into boosting your stock price. The rest is up to you. How's the development of Fantasy Westward Journey going?"

"Don't worry, Mr. Shen. NetEase is keeping a close eye on this project around the clock. Barring any unforeseen circumstances, we should be able to start the public beta test in mid-June this year."

"Okay, then I'll wait for your good news."

The call ended.

Manager Jane smiled as she looked at Shen Fang.

"Shen, are you satisfied with Goldman Sachs' handling of the NetEase deal?"

Shen Fang smiled slightly: "Not bad."

"Then, we, Goldman Sachs, can handle the Penguin IPO plan."

Indeed, after learning that Shen Fang was a major shareholder of Tencent, Jane quickly and decisively boosted NetEase's stock price to demonstrate Goldman Sachs' strength to Shen Fang, aiming to acquire an even larger piece of Tencent.

Since the end of the internet downturn at the end of last year, tech stocks have been on a roll for several years. Goldman Sachs executives also consider the internet industry very important, and they now want to invest in globally renowned tech companies. They are very familiar with Tencent's performance in China last year.

Shen Fang glanced at Xu Xin, and Xu Xin immediately understood.

"Jane, Tencent is preparing to list in Hong Kong."

Jane smiled as she looked at her classmate and friend.

“Honey, I know that. Goldman Sachs is very powerful in Asia.”

“Jane, Asia is Asia. In Asia, Goldman Sachs Capital has an advantage in funding, but you don’t have many off-exchange advantages. We have already reached agreements with consortia in Hong Kong and some very well-known Asian financial institutions, so I’m sorry.”

Jane glanced at Chen Fang.

“Chen, is there really no chance? Goldman Sachs Capital is not just about having money.”

Shen Fang took a sip of red tea and looked at Jian.

"I don't know if you know about the Hong Kong Landlords Association. They have now taken us out. They manipulated the stock price of Tencent at the time of its IPO, making it the number one tech stock in Asia. It's not impossible for Goldman Sachs to get involved. If you want to get a piece of this listing bonus, your opponent is the Landlords Association."

"The Landlord Association???" Jian looked completely bewildered.

Xu Xin smiled and explained, "This is a very mysterious financial investment bank. Many of its members are very established big bosses in Hong Kong, and they are very powerful in Asia."

Upon hearing this, Jian nodded and looked at Chen Fang: "You want us to have a competition?"

Shen Fang smiled slightly: "It's not a competition. I want to choose a more powerful partner. This time, about 30% of the newly issued shares will be put into the market. Everyone has seen the capabilities and strength of Tencent. There are many people who want to get their hands on this piece of the pie, and even more people who want to cooperate with us. People want to contact us every day, so we need to choose the best among the best."

Jane nodded. She believed Shen Fang's words. Tech stocks were already hot, and Tencent's reputation in Asia was extraordinary. It was impossible for Goldman Sachs to be the only one wanting to get a piece of this lucrative market. Just from Xu Xin's time in the United States, she knew that many of their old rivals, such as Morgan Stanley, JPMorgan Chase, and Citigroup, had contacted Xu Xin. Many investment banks had their eyes on this lucrative opportunity. If she hadn't been classmates with Xu Xin and hadn't had the advantage of being close to her, she might have been snatched away by someone else.

"Penguin's goal is the stars and the sea. It's not impossible for Goldman Sachs to want to reap the benefits. Whoever offers more profit and is more sincere can become our partner," Shen Fang said calmly, lighting a cigarette.

Jane smiled at the young man: "Chen, everyone says that Easterners are very reserved, why are you so straightforward?"

Shen Fang laughed: "It's better to be straightforward in business. You're a foreigner, so if I tell you something more profound, you'll misunderstand and waste everyone's time."

"So, what level of secrecy do you think Goldman Sachs needs to maintain for you to be satisfied?" Jane asked respectfully.

Shen Fang smiled and said, "What level? It's not right for me to name my price. Just do your job. If you get the results I want, you won't treat my good friends unfairly."

Jane nodded: "Understood, how about 10 billion?"

Shen Fang flashed his bright white teeth at Jian, then remained silent.

Xu Xin, who was standing to the side, smiled as she watched herself and her friend, and then took out her phone and handed it to Jian.

"Darling, this is the offer the landlord will give us."

Upon hearing this, Jian glanced at Xu Xin's phone screen, and her pupils contracted.

"Are they crazy??? 12 billion? They've driven the stock price up that high??? How are they going to recoup their investment??? Aren't they afraid of a second economic downturn???"

Chen Fang stretched: "Jian, the big trend is about to begin. The emergence of the internet will change the landscape of all humanity. To enter the market early with an internet company that has nearly 100 million users, you need to invest heavily to reap the rewards. China is about to experience an economic boom, and I don't think this price is too high. Tencent's development path has already been planned, and all that's left is to follow it step by step. With us in control of Tencent, the future is promising."

Jane fell silent upon hearing this. As a senior executive at a top investment bank, she knew information that ordinary people couldn't access, and she understood what Chen Fang's words meant. China had now joined the WTO. Last year alone, global trade reached $635.8 billion, with total trade volume reaching $6.24 trillion, essentially accounting for one-tenth of the world's GDP.

China's economic take-off is already evident.

“Chen, I need to discuss this with the higher-ups. After all, this is no small amount, and we have many competitors. We need to come up with a detailed plan.”

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