Rebirth of the big era of online games

Chapter 379 Nasdaq’s Myth of Chinese Concept Stocks
Fang Jie has never worried about game creativity, whether it is PC or mobile, he is not worried.

On the contrary, other aspects, especially technical talents and hardware, are what he is most worried about. This is his weakness. Even if Huawei is pulled into the chariot, it is fine in China, but it is still controlled by others abroad.

Therefore, the main content of the conversation with Mr. Ren did not focus on the game software, but was subsequently guided by Fang Jie to the construction of the mobile terminal ecosystem of the Hongmeng system.

For the ecological construction of the mobile terminal, it is not enough to just rely on boiling to make some game application software. This also requires the joint efforts of other domestic game manufacturers, software developers, and Internet companies, such as Kingsoft, Tencent, NetEase, Baidu, etc. Get on the chariot.

In addition, Huawei's Hongmeng system must be open source, just like the boiling engine, build an open source platform, use the tactic of encircling the city from the countryside, and let everyone participate, so as to form a scale effect and build its own ecology.

In fact, Fang Jie had raised this point as early as the first meeting with Mr. Ren, and it was approved by Mr. Ren. This time, the two parties just further confirmed this matter and discussed the next layout.

The specific plan is that the first step is to open source the Hongmeng system, but it will not be announced to the public. It will only add a mobile game development section with the Hongmeng system as the core architecture to the open source platform of the boiling engine, and attract game producers by releasing high-priced outsourced private activities. , studios, and companies jointly participate in mobile game development.

The purpose of doing this, of course, is to sneak into the village, so as not to irritate the game manufacturers headed by Nokia and Motorola, and bring some unnecessary troubles.

Huawei's Hongmeng system, for Nokia and Motorola, is the nature of drawing salary from the bottom and shaking the foundation. It is a death-to-death competition, but Huawei is not Google. It's an egg hitting a rock.

Don’t think that if someone is a foreigner’s company, it will have no impact on the country. At the moment, almost all mobile phone hardware manufacturers in China are living with them. Chip or something.

So at the beginning, keep a low profile, just build it on the boiling engine open source platform, first develop the basic and commonly used applications, and then gradually figure it out.

Of course, the hardware also has to plan ahead.

After the boiling business went public in the United States this time, Fang Jie decided to invest most or all of the money he collected in the subsidiary of "Booming Technology". Correspondingly, Huawei will also increase its investment in Boiling Technology year-on-year. The terminal business unit will be split off and incorporated into it, making it a veritable boiling technology.

Booming Technology will no longer be a copycat assembly factory in the future, but a comprehensive high-tech company integrating R&D, manufacturing and sales of mobile phones.

Of course, it also includes chip research and development and manufacturing, but the chip is full of difficulties. Let’s set up a framework and set a goal first. After spending a lot of money, I don’t believe that I can’t burn my own lithography machine.

That's a lot of money!

The tens of billions of Boiling Industrial Park project is nothing compared to this plan, so after talking with Mr. Ren, Fang Jie flew to Citigroup without stopping to start his unique talk show The purpose of this type of roadshow is to make Boiling Business sell at a good price when it goes public.

A year later, when Fang Jie came to Wall Street again, his treatment was completely different from last time.

51mai's listing on Nasdaq is already a certainty, and it is the largest IPO in the Nasdaq market this year. Fang Jie, ranked 33rd, has global investors paying close attention to his movements.

Moreover, the talk show video of Fang Jie's road show last year was posted on the Internet and sparked heated discussions. After being reposted by countless foreigners, foreign netizens also got to know the richest man in China.

So this time Fang Jie came to Wall Street again. The scale and scene of the road show far surpassed last year. One of the road shows was directly rented at Madison Square Garden in Manhattan, New York, which is the home court of the NBA New York Knicks. The number of participants was as high as A full 2 people!

In other words, the stadium was full of seats and full!

In fact, many foreigners do not come to see Fang Jie's road show, but to watch his talk show performance.

However, the result was the same as last year, and many foreigners who came to watch the fun were successfully lured into the pit by him.

"Please don't use the work efficiency of your government, company, and employees to measure the future development speed of 51mai. I said last year that we Chinese only care about success, and 51mai is a Chinese e-commerce company. , so even if the valuation and price-earnings ratio of 51mai is a little higher, it is worth investing in.”

"I would like to ask everyone here: in any city in your country, if you were hungry at three o'clock in the morning, where would you go?"

"You're going to Chinatown! This is where you're going!"

"Because it's delicious, cheap, and open late!"

"And in our Huaguo, there are Chinatowns everywhere, OK?"

At this time, there was warm applause from the audience, because this is the fact on Citigroup's side.

"We Chinese people are the most hardworking nation in the world. We will not rest. The development of 51mai will not stop for a minute. We are making money every minute! Therefore, its valuation is actually not high. It’s a very reasonable price, and it’s worth buying!”

"I said last year that Christmas means nothing to us, and in fact your Thanksgiving means nothing to us."

"Do you know how meaningless the meaning of Thanksgiving is to me?"

Fang Jie didn't explain, but suddenly complained directly: "Go to the fucking turkey, it tastes like chewing wax!"

These words immediately caused roars of laughter and applause from the audience.

Although Thanksgiving is an important holiday in the West, it is undeniable that turkey is really bad.

In particular, Fang Jie used the national swear word "FUCK", which is very down-to-earth. I didn't expect the richest man in China to export such dirty words. This is very "his own", vulgar but not vulgar, it is a kind of humor.

"So, please trust me, trust my 51mai!"

"While you guys are eating turkey, we're still working, OK?"

puff!
Foreigners laughed again!
Last year's meme has been played until now, and another meme has been picked up, this guy is really talented!

After sighing, the foreigners applauded one after another. On the one hand, they admired Fang Jie's humor, and on the other hand, they also recognized the hard work of the Chinese people. The foreigners also had to be convinced.

Of course, subconsciously, foreigners also feel that 51mai cannot use common sense to judge its future development potential. The Huaguo people are so brave, so they will naturally earn more and develop fast, so it is worth investing in this company and buying their stocks. !

Before the old beauties stopped laughing, Fang Jie picked up another stalk from last year: "So, you should find a Chinese to be the president!"

This strange thinking and sudden jump made the old beauties who had watched the road show or video last year laugh again.

Some people even whistled, while more people laughed and cried, thinking that you are here to do a road show for 51mai, why are you making fun of our country's president again?
"I believe this will become a reality!"

Fang Jie said categorically with a serious face: "Because you will like us Chinese. For example, Jews, you like it very much!"

You must know that this is Wall Street. Even if there are not many Jews here, there are more or less Jewish forces behind it, or their immediate boss is a Jew. Every president has inextricably linked with the Jews. If people really like Chinese Americans, then Chinese Americans would have been president long ago, why wait until now?

But it was precisely because of this that the more serious Fang Jie's expression was, the louder the laughter off the court, and felt that what he said was simply nonsense.

Fang Jie still went his own way: "Yes, the Jews will vote for the Chinese! Because as I said, during Christmas, we are the only ones who cook for them!"

This is another big stalk, which made the foreigners burst into laughter.

But this stalk can only be understood by foreigners in the West, and the vast majority of Chinese people cannot fully understand the humor in it.

You must know that Jesus was a Jew, but the Jews, like the Chinese, do not celebrate Christmas, because the Jews believe that Christmas is not the birthday of Jesus at all, but a "pagan" false festival, which is caused by different doctrines.

Fang Jie made this point, of course not to stir up any religious conflicts, but just for serious nonsense, finding a fallacy that all foreigners have not thought of, to prove that Jews like Chinese, because both ethnic groups celebrate Christmas .

This is like when Wang Xiran asked him why he didn't like her. The reason he gave was that she didn't do morning exercises. It seemed unreasonable, but in fact it made a little sense, and the same was true for this stalk.

Then, Fang Jie continued to list: "Italians and Greeks will also vote for us, because we will all have family dinners together..."

This reason is a bit far-fetched, but Fang Jie's next sentence is: "Also, we all beat children."

Puff puff!
The foreigner off the court suddenly laughed and twitched.

In Citigroup, it is very dangerous for parents to beat their children. If they fail, they will be charged with child abuse and go to jail, or their children will be taken away by the community to be raised in isolation.

But this phenomenon is normal in Italy, Greece, and Huaguo. There are even sayings in Huaguo that "if you don't fight, you won't succeed" and "a filial son will be born under the stick".

This was originally caused by cultural differences, there is no right or wrong, but Fang Jie used it as an excuse, it is very funny, and it is nonsense, finding the commonality of these ethnic groups on a point that no one can think of , proving that Italians and Greeks love Chinese people.

"Black people would like us too."

After Fang Jie laid the groundwork, he didn't say the reason, and the foreigners off the court started laughing, because they knew that Fang Jie would find another weird reason to prove this point.

While many people were guessing what kind of tricky reasons Fang Jie would find to prove it, they heard Fang Jie give a reason that was still unexpected to everyone and speechless, but no one could deny it: "Because we are not white! "

FUCK!This reason is too strong!
However, it is too pale!

It's up to you to say, in Citigroup, all the brats know this, okay?
At this moment, even Fang Jie couldn't help laughing awkwardly, so many foreigners realized that this guy really couldn't find a reason, so he could only find this far-fetched reason, which was too funny.

Fang Jie continued: "Indians will also like us. Because, we..."

"Because, uh, because..."

Fang Jie, who pretended to be stuttering for a long time, couldn't seem to find a reason, but finally said uncertainly: "I don't know, maybe, we all eat white rice?"

This is another far-fetched reason, but in conjunction with the previous stalk, it actually emphasized his own embarrassment, which formed a kind of laughing fruit, which made the 2 audience couldn't help laughing again.

Amidst the laughter, Fang Jie picked up the stalk in front again: "Maybe, we will all beat children?"

Hahahahaha...

The audience burst into laughter, this stalk seems to be impossible.

While laughing one after another, Fang Jie continued to explain: "Really, the commonality of beating children has closely linked us as a nation, twisting us into one fist...yes, twisting into a beating child fist..."

"Or maybe we're all stingy?"

Fang Jie gave another unreasonable but undeniable reason.

Because in Laomei’s impression, among all ethnic groups, in terms of stinginess, Indian Asan is the most stingy, followed by Chinese people.

In fact, people are poor and short-sighted, or to put it nicely, frugality is our fine tradition.

If Chinese people are rich, they will also be generous. For example, the largest consumer group of luxury goods in the world in the future will be Chinese people, but at that time foreigners will call us stupid and rich. There are reasons.

At present, China is still on its way to a well-off life, and many Chinese go abroad to make money. The well-known TV series "Beijingers in New York" tells about this social background phenomenon.

"Actually, we Hua people are different from Indians. We are not stingy. We just love money. We are full of desire for money."

"It's not our fault."

"Because we have a god who manages money—the God of Wealth!"

"This is a very fickle god who doesn't care about inflation and doesn't know anything about basic economic principles, but if we pray to him at the right time and ask him for money, he will give us money. "

"You guessed it right. Before I came to Citigroup, I made a special trip to worship the God of Wealth and prayed to him devoutly. So please believe that 51mai was listed at the right time and has been blessed by God. It will give You bring countless MONEY!"

While saying these words, Fang Jie imitated Western Christians and made a sign of the cross in front of his face, as if he was praying for something, as if saying that he was also in a disturbed mood, not sure whether the listing of 51mai would be successful, so he could only send I hope that the illusory metaphysics will make the foreigners laugh endlessly.

"Don't believe me."

Fang Jie said again: "Last year I put out 30 billion US dollars to save the market, you all know that, right? I also asked the God of Wealth!"

Of course, foreigners know about the rescue of the market. If it were not the case, there would not be so many investors coming today. Now there are already many investors and even professionals in the Nasdaq market, who regard him as the stock god.

Because in just 1 year, the total market value of the equity capital has reached 30 billion U.S. dollars with the 60 billion U.S. dollars, and the rate of return is 100%!

At present, Microsoft’s stock price is still at $40. It seems that it has not changed, but in fact it has doubled. Because Bill Gates delegated power to the elderly and reduced his holdings, at the beginning of this year, Microsoft’s shares were split into 1 share and 2 shares. operate.

So after ex-rights, the number of shares doubled, and the stock price rose from $20 to $40 again!

And since he announced the so-called bailout, Nasdaq has really stopped falling, rising from the lowest point of 1088 all the way to 1800 points!
This is really metaphysical, and there is nothing the old beauties can do if they don't believe in evil.

In the past two days, Fang Jie came to Citigroup for a road show. Many metaphysical old beauties felt very metaphysical that the Nasdaq might rise again, so they bought stocks one after another.

During Fang Jie's road show, the Nasdaq index really skyrocketed. It has already broken through 1900 points, and the real-time index is 1902 points, so the stock god's name has once again been confirmed.

Now when I hear Fang Jie say that there is a species of "God of Wealth" in China, rational foreigners of course know that it is a joke, but almost everyone in the West has their own religious beliefs. In fact, they believe in metaphysics. Many foreigners believe that Fang Jie is definitely If you have been blessed by the God of Wealth, then you will definitely not lose money if you buy a company like 51mai!

Don't believe it, foreigners are so funny, there are all kinds of strange things, and some people even directly believe that Fang Jie is the God of Wealth, or the messenger of the God of Wealth. Anyway, there is no god of the God of Wealth in the West, so it is better to just use the envelope The Oriental God of Wealth can be regarded as finding a spiritual sustenance.

All in all, Fang Jie's road show process is the process of flickering and telling stories, all kinds of routines are used without a lower limit, and even the illusory metaphysical species like the God of Wealth is moved out, that is to hold as much as possible. Going for the purpose, the effect is naturally leveraged.

With the joint efforts of many parties, on September 2003, 9, Fang Jie, the chairman of the company, personally rang the big bell in the exchange, announcing that the main body of Boiling Business, 23mai e-commerce website was officially listed on NASDAQ!
The stock code is "FTFM", where "FT" naturally means boiling, "F" means FIVE "5", and "M" is the pinyin initial of "mai".

FTFM has a total share capital of 50 billion shares, 30% of which is 15 billion shares, and the stock price is 10 US dollars per share, which means that the valuation of 51mai at the time of issuance is 500 billion US dollars instead of the previous 300 billion US dollars!

On the day of listing, it did not encounter the tragedy of companies such as Netease and Sina, but rushed all the way to US$18 per share, and finally closed at US$16.32 per share, an increase of more than 60%.

In other words, the final market value of 51mai reached 816 billion that day, more than doubled compared to last year's market value!
It can be said that the listing of 51mai has become a myth of the Nasdaq Chinese stocks!
Before listing, 51mai’s share capital structure was as follows: Fang Jie held 34% of the shares, with one veto right; the four major state-owned banks held 20% of the shares; Tencent, Netease, and Huawei held 15% of the shares; Big Telecom holds 15% of the shares, brokers hold 10% of the shares, and employees hold 5% of the shares.

Judging from this equity structure, the proportion of state-owned capital is second only to Fang Jie. This is of course to bring the country together to make money.

After the listing, the share capital structure is not complicated, and it is easy to calculate clearly. The only thing worth mentioning is that Fang Jie's shares have decreased from 34% to 23.8%. He is only the largest shareholder of the company and no longer has a veto .

This is to reassure overseas investors, making people feel that 51mai is not just Fang Jie’s words, and there are restrictions on it. This is the benign equity structure that everyone recognizes.

But in fact, Fang Jie, Tencent, and NetEase have cross-shareholdings, and the state-owned capital can also be regarded as a concerted actor. He still has absolute control over 51mai. rights or something.

Taking a step back, there is also "Trading Treasure". 51mai is just an e-commerce website and does not involve any core issues.

Owning 23.8% of the shares, if calculated according to the closing price of the day, this is 194 billion U.S. dollars. In addition to the tradable shares sold this time, Fang Jie's worth has reached 277 billion U.S. dollars, and he instantly rose from the 33rd place in the world's richest list , jumped to the ninth place among the top ten richest people, and the tenth place is Karl Albritt, a German rich man who opened a chain of discount stores, with a net worth of 9 billion.

Of course, if other industries and Microsoft's shares are also counted, it can move up two places and occupy the seventh position.

However, the market value is fictitious until it is realized, and it is impossible for Fang Jie to realize all the remaining shares. Anyway, the shares sold in this listing have been exchanged for 83 billion US dollars, which is enough for the next step of the plan.

With so much money at once, of course you can't hold it in your hands, you have to spend it as soon as possible.

The first thing Fang Jie did was to fulfill his promise to Mr. Ren, and directly poured 50 billion US dollars into Boiling Technology, equivalent to more than RMB 400 billion!

This money seems to be a lot, but it is really nothing in the whole strategic plan of the mobile terminal. At present, at most, it is to set up the production line of various mobile phone accessories, and then save some money for research and development.

It might not be enough, but let's do it for now, he is very poor now, so he can only throw it in a little bit.

With the remaining 34 billion, 20 billion U.S. dollars will be invested in Boiling Internet.

This is the basis of the entire Internet environment. Only when the network communication foundation is laid, the domestic Internet environment will be further improved, the game operation will be smoother, and players will be provided with better network services.

It was indeed a step ahead when we started Boiling Internet at the beginning, but the development speed of the domestic Internet is changing with each passing day, and the regional Boiling Internet can no longer keep up with the pace. Layout in other urban areas in China to increase network coverage and network efficiency.

However, 20 billion US dollars, or more than 100 billion RMB, is just an investment at this stage. For the overall construction of the domestic Internet, it is still just a drop in the bucket. It is still the same sentence: there is not much money to squander now, so let’s just leave it at that.

Then donate 10 billion U.S. dollars to the Hope Project, focusing on improving the Sichuan Province area, and donating a little to the original schools to strengthen them.

The remaining few hundred million fractions are reserved for the company's development. The Boiling Industrial Park is also a swallowing monster, and some money needs to be reserved for feeding.

The other part is to set up a boiling venture capital company to support those promising and potential game companies, Internet companies, high-tech companies or teams in China.

After all, time and energy are limited, and Fang Jie can no longer cover everything in many aspects, so he can only spend money to speed up their development, such as DJI.

Of course, DJI has not been established yet, but a company like AutoNavi that was just established last year can still invest in it.

You must know that shortly after Fang Jie returned to China, on October 10, Huaguo successfully launched the manned spacecraft "Shenzhou V" for the first time. This shows that our country's aerospace technology is already very powerful. It's time to work hard, and it's the right time to invest in AutoNavi now!
Fang Jie, as a reborn person, if it comes to venture capital, no one can do it better than him. This will be the case in the future, and it will be the same before.

For example, Tencent, which has been in the market for a long time, has also put its IPO on the agenda. It will be listed in Hong Kong at the beginning of the year, and it will be less than 3 months from now.

Another example is that after Tencent goes public, 51job will go public three months later, and there is still 5% of the shares there.

However, these investments are just a matter of convenience for Fang Jie, with no technical content and no sense of accomplishment, so it is better to continue the liver game.

So after returning to China, Fang Jie, who had been busy for a while, started the online live broadcast mode again, and played the European server "EVE" with netizens.

(End of this chapter)