Chapter 203: Kaizi’s money is easy to make

The so-called "wealth is not flowing from outsiders' fields" means that wealth and interests can only be obtained by one's own people. In other words, you cannot bend your arms outward. Those who are twisted your arms outward are insiders, ungrateful wolves, and will be jealous of others.

Xiangjiang Electric Appliances and Anycall Telecom, owned by MSI Technology Group, were listed on the Hong Kong stock market respectively, which made Hong Kong investors make a big profit, and the entire stock index went up straight. Many middle and lower-level Hong Kong stock investors also doubled their assets in the stock market overnight. Countless employees within the company became millionaires and millionaires. While people were amazed at the myth of creating wealth, they were also very sad.

Some people have said why MSI only chose to list in Hong Kong? Instead of letting mainlanders share its success? Of course, some people have pointed out that the listing system in the mainland has already determined that the company can only seek listing overseas, and no foreign-funded company is qualified to issue stocks on the mainland stock market. In addition, some people have said that since it cannot be listed in the mainland, why doesn’t the country modify the system or handle special matters so that MSI can list in the mainland? This is too wishful thinking, but it has accelerated the reform of the listing approval system in the mainland.

Since its birth in China, the stock market has been a special existence, and everyone dreams of getting rich overnight. When the Shenzhen stock market first opened, buying a primitive stock will get a return of several to ten times, and investors all believe that the socialist stock market only rises and does not fall. China's stock market has been a deformed existence since its birth. No basic analysis and basic technical analysis methods commonly used in securities science here cannot be used to explain the rise and fall of Chinese stock prices. Therefore, when Shenzhen issued new stocks in 1992, people carried a password box full of banknotes while carrying high-quality stocks.

A bag of ID cards purchased from the price, and a ticket that was bought at a high price went south to Shenzhen to buy new shares. Then the "810" storm occurred in the new stock subscription lottery. According to some people recalled, the situation was really shocking: in almost two days and two nights, 1.2 million people not only could not eat or drink, but also could not even excrete. They were not only young, both men and women, hugged each other tightly, steamed and roasted under the scorching sun, washed away the rain, soaked each other's sweat, and felt each other's odor, breathing, body temperature and nervous and beating heart rhythm!

After the "810" storm, the Shenzhen stock market was once severely hit. The stock price index plummeted from 310 points on August 10 to 285 points on August 14, a drop of 8.1%. At the same time, the vitality was severely damaged, and the Shenzhen Index continued to fall until the stock market price was 164 points on November 23 before it stopped falling and rebounded. It triggered riots.

In addition to the immaturity of the mainland stock market, MSI also has deep considerations for choosing Hong Kong as a listing location. As a city, Shenzhen’s weakness is obvious, that is, it is adjacent to Hong Kong and Guangzhou. Adjacent to Hong Kong is Shenzhen’s biggest advantage. Because of this, Shenzhen has been established as the first special economic zone. However, as far as the securities market is concerned, adjoining Hong Kong is another major disadvantage of Shenzhen. Hong Kong will return to the motherland sooner or later. It has a developed capital market. As long as the assets are good enough, more funds can be raised. It also has a strict and perfect management system that makes it difficult for the mainland to overcome, allowing listed companies to operate in a standardized manner, improve the market image, and also allowing decision-makers to avoid detours due to concerns. In Li Siming's heart, he must consider long-term interests. He is very disgusted with the increasing appetite of the Chinese people.

"Why does Shenzhen have to build a capital market? It is enough to have Shanghai! As long as Shenzhen can develop a good high-tech industry, it will make the greatest contribution to the country!" This is Li Siming's question, but he did not express it publicly. If he wants to express his dissatisfaction with the problems that arise in the reform and opening up one by one, he can only jump into the sea and die, because there are too many.

Most of those who express dissatisfaction through various channels are those who cannot eat grapes and say that grapes are sour. Some even clamored to condemn "an emerging bourgeoisie was born on the land of Shenzhen, China", but Li Siming laughed it off. Those who are full of malicious intentions are nothing more than jealous of Li Siming's wealth. "Capital is sinful", but these people cannot exert their own influence. Behind Li Siming is a large number of people. Even within a month, several people who spread rumors and cause trouble were arrested by the public security organs and tried publicly.

"What do they know? Patriotism? I have eighteen scars left on the battlefield. Can they compare with me? I am unkind for wealth? Do they know how many schools I donated to build and how many people in difficult life have helped? No, I don't know them as much as they are because they are not on the same scale as me!" Li Siming said this later.

Putting aside these things, Li Siming is busy with venture capital. So many Hong Kong rich people invest so much money for themselves, Li Siming feels a bit hot, because since he has taken other people's money, he cannot let the money lie in the bank to eat interest, that's too wasteful. The new company is called Hong Kong MicroTech Venture Capital Co., Ltd.

Making money by yourself is not the purpose. It is not Li Siming's ideal to achieve success in a group of MSI Technology. He really hopes to see more entrepreneurs devote themselves to the high-tech industry and more MSI companies appear on the land of China, which is what Li Siming hopes to do most at the moment.

MSI Technology also invested one billion US dollars to gain a relatively controlling position. The Shenzhen Municipal Government invested 200 million US dollars and accumulated capital to 4.2 billion US dollars. Li Siming was a little worried for a while for such a large amount of money.

"How to spend it?" This is a question that Li Siming had a lot of trouble before the Spring Festival in 1994. If someone heard his complaints, he would be so angry that he would die. Compared with others, he would definitely be able to anger a few people with poor tolerance.

Li Siming poached a Hong Kong-American man from Silicon Valley in the United States to be the general manager, and also poached more than a dozen Chinese investment analysts with high salaries. The talents in this area are almost blank in China. What is "venture investment"? This is a very unfamiliar word, and I am afraid that few Chinese people can explain it clearly. The advantage is that these people have a lot of experience, and the disadvantage is that these people know nothing about the country and need time to be familiar with it.

Fortunately, the rich shareholders did not interfere, and did not expect the new company to make money immediately. They were very relieved about Li Siming. No one would think that Li Siming was a "scamist". In other words, Li Siming would not have to think of this little money. If Li Siming was just a poor boy, there would not be so many good things at all.

Before the newly hired general manager became familiar with the working environment, Li Siming made only two investments. ZTE and Huawei, both located in Shenzhen. The former is a state-owned holding company and the latter is a completely private enterprise. Both companies grew up with the development of MSI Technology. Relying on the support of MSI Technology, they both obtained independent intellectual property rights in programmable computers, and developed much faster in the domestic market than in history. In 1993, the sales of both companies exceeded 200 million yuan.

Li Siming is selfish. He has long wanted to build the two companies into domestic first-class or even international first-class communication equipment manufacturing companies to meet the future large-scale second-generation mobile network infrastructure. Li Siming invested $100 million in the two companies, and the two companies were extremely grateful for Li Siming's "generousness of others". If it were someone else, the two companies would have to hold their pockets tightly and remain highly vigilant about the money delivered to the door. Li Siming was different. They were eager to catch the big tree of Li Siming. Both sides hit it off and quickly completed the share registration work, for fear that Li Siming would go back on his word.

But this also caused another problem. The Ministry of Posts and Telecommunications also directly controls many communication equipment factories. They also hope to obtain investment from Li Siming, and their relationship with Li Siming is also good.

"If you can form a company with clear property rights and clear responsibilities, I don't mind investing in you. Although you developed my country's first large-capacity switch 04 as early as 1991, why did you start to enter the market now? This is a system problem!" Li Siming flatly refused. The result was that the Ministry of Posts and Telecommunications was not unhappy. They finally formed a company, but it was just an overly loose enterprise alliance. Li Siming insisted on using strong capital and influence in the political and corporate circles to finally leave the burden, truly join forces, and embark on a glorious avenue.

"Have you heard that? Li Siming's money is too much to spend. He is looking for a place to spread the money? Why don't you go and pick it up!" Walking on the streets of Zhongguancun, bosses of all sizes greet each other when they meet.

For a time, many bosses of all sizes and big and more future entrepreneurs who are interested in entering the business world flocked to the market, especially from Zhongguancun. Li Siming had a lot of money, but he would never spend money indiscriminately. He would rather donate the money to those in need than to someone who only knows how to break the rules of competition.

The biosphere in Zhongguancun is formed by a group of people with the desire to make money and strong enterprising spirit. In this complex community, there are ambitious people, doers, dreamers, and arrogant people. They initially survived and developed from the application of technology. Since it is an application, there is imitation and plagiarism, coupled with their own hollowing out ideas and some short-lived creativity. They believe in liberal competition. On the one hand, they hope that the less the government will manage, the better, but on the other hand, they rely on the government's protection and funding. On the other hand, they hope that there will be a stable system and environment. On the other hand, they try to destroy this system and environment, and there are even many people who are bold and arrogant to try their own laws.

Among them, people with a fanatical spirit of adventure and superstitious attitude towards technology supremacy have grown up through lessons again and again, and from then on, they are out of control. More people can only be limited to the model similar to rural supply and marketing cooperatives. Some people are short-sighted and only know the immediate interests, while others have lofty ideals and work tirelessly for this. At first, they grew up in the cracks of national policies, but when the national policies were relaxed, most of them were still self-contained, and most of them did not embark on the road of independent innovation, and were intoxicated by being a small boss and being a little rich. Some even didn't know whether their products meet the needs of the market. They stayed in a small room and were busy working on self-righteous "advanced technology" and did not consider whether there was any opportunity to realize value. Some people had technology in their hands, but didn't know how to open up the market.

"Business plan, I need a business plan!" Li Siming said to the uninvited entrepreneurs.

"What is a business plan?" Xiaobai looked puzzled.

"Business plan, first of all, is that your technical solution must be realizable. Don't tell me that you raise 500,000 yuan to build an aircraft carrier! That thing is not something you can do, let alone inventing a technology that can turn water into gasoline. That is pseudoscience. Second, you need to have a management team, how to carry out daily management, how to use funds, etc. Don't be the general manager, accountant, salesman and operator, and choose alone! I admit that you are very smart, but you are really not an old ox, let alone an all-round talent. Third, does the final result of your technical solution have a market, how big the market will be, how to develop it, you have to let me know these contents, so that I can invest money. You must not say that you want to produce a drug that can accelerate the aging, and no one dares to touch that thing. Another thing is, what reward can I get, our venture capital company is not a bank cash machine!" Li Siming said patiently.

"Oh!" the frog sounded, not understanding.

Li Siming was a little discouraged. A few days ago, a man who claimed to be a university professor came to him and told him that he had invented a technology that could turn water into gasoline, which urgently needed 1 million yuan. Li Siming beat the man out like a dog on the spot and vowed to beat him once when he saw him, which scared the "university professor" so much that he ran away in panic.

"Damn it, everyone thinks I am Kaizi?" Li Siming couldn't help but curse.

Li Siming was wrong because Kaizi's money was easy to make. Everyone knows this common sense, and there are always people who want to take advantage of the situation. But these people don't know that Li Siming has a sharp eye. Li Siming doesn't cheat others' money. The world is already much more peaceful. If you want to cheat his money, you are purely here to find a fight.

This so-called "VC" is still too new in China, and Li Siming is a little ahead of the curve. So Chen Shihao, general manager of Micro Science Venture Capital, began to be ordered to "brainwash" those entrepreneurs and vigorously promote conceptual things, so that entrepreneurs and dreamers who are ready to start a business understand what venture capital is and how to start a business. This is not about spending money everywhere as you wish, nor is it about charity activities.

"Mr. Li, my suggestion is that we should not invest too quickly in China. We should do research and preparation first. We might as well try the funds we have in the United States first?" Chen Shihao suggested.

Chen Shihao has more than fifteen years of experience in the American venture capital industry and is very familiar with the American venture capital industry. At the same time, he is one of Li Siming's admirers and a die-hard movie fan. It is precisely because of this that when Li Siming contacted him through other people's introduction, he readily agreed.

"What do you mean is that we will look for projects in the United States first?" Li Siming asked.

"Yes, just like you invested in Microsoft back then!" Chen Shihao said, "I also did a special research on your investment story!"

"Then what achievements have you developed?" Li Siming asked with a smile. When people talk about this, Li Siming is always happy. Just like a flower-growing person who likes others to praise his gardening skills, and like a dancer who likes others to praise his dancing postures. When people mention his most proud masterpiece, it is always happy.

"I found that you did not conduct careful investigations before every investment, but you seem to have amazing intuition about the future development of technology, and you seem to have a clear understanding of the results, because as an investor, you usually do not give up on the opportunity to participate in management, and investors usually have a strong protection of the safety of their investments!" Chen Shihao said.

"I just trust the genuine entrepreneurs fully." Li Siming chuckled, "But then again, if I wanted to point fingers at others at any time, I'm afraid the deal wouldn't have been so smooth. Why are you talking about this?"

"I mean, you seized this good opportunity in time, and we can do it now. In the United States, the business environment and the entrepreneurial environment are relatively good, so there is a greater possibility of such a great investment opportunity."

"This is different from my original intention of starting such a venture capital company!" Li Siming said, "But if you can find such an opportunity, of course I would like to give it a try!"

"Then let's find another Microsoft company!" Chen Shihao was full of confidence, but the reason was no different. Li Siming always trusted and was willing to delegate power for the senior managers he had personally inspected. This is another important reason why Chen Shihao gave up his position in the United States.

Seeing him looking so confident, Li Siming didn't know whether to encourage or pour cold water on him. Microsoft didn't have it everywhere.

Seeing that Li Siming was not very convinced, Chen Shihao said, "What do you think about the future of computer networks?"

After hearing this, Li Siming suddenly felt energetic, slapped his head and exclaimed: "Hmm? This is indeed a good thing!"
Chapter completed!