The rebirth of the Hong Kong Island chaebol, starting with a short-selling Eagle Sauce

Ding Sanshi, who was in the Dragon Kingdom, also heard about what happened in the Beautiful Country.

In fact, he didn't need to say anything. Just looking at NetArt's stock, which was still falling, he knew how dire the situation was.

Now is the most difficult time for NetEase. NetEase is caught in a crisis of false accounting, and its stock price has been falling, from US$15 per share to US$2 today.

During this year, he tried to sell all his shares in NetEase numerous times.

But he has never been able to do so, and now that this has happened, he can't sell it even if he wants to.

At this moment, his assistant reported to him:

"Boss, Wang Lei is buying a large amount of Qianlang's stock. Just now, the shareholders of Qianlang wanted to unite to remove Wang Zhidong from his position. As a result..."

Ding Sanshi was greatly surprised that Wang Lei actually sided with Wang Zhidong on the board of directors, and their combined shareholding exceeded that of others.

Wang Zhidong was lucky enough to keep his position.

"Wang Zhidong, who has retained his position, is preparing to carry out a secret project. He has kept secret about this and has not released any useful information."

Hearing this, Ding Sanshi nodded.

He is not interested in Wang Zhidong's secret project. This year NetArt also gave up news projects and began to focus on games. They summarized the shortcomings of Westward Journey 1 and prepared to rely on Series 2 to take NetArt's profits to a higher level. .

Seeing the stock price of Qianlang rising on a small scale, Ding Sanshi became more and more hopeful that he could attract Wang Lei to buy shares.

"Call me Wang Lei and ask him if he is interested in NetArt. I want to sell NetArt to him."

Wang Lei couldn't help but smile after receiving the news.

To be honest, Wang Lei was quite tempted, but letting Ding Sanshi cash out and leave was not what he wanted to see.

"Tell Ding Sanshi that I am very optimistic about his game business. The time has not yet come, so let him wait patiently."

After receiving such a reply, Ding Sanshi's head was filled with questions.

"Why is it that the time has not come yet? How long does he want me to wait?"

Ding Sanshi's tone revealed a sense of helplessness. He couldn't figure out why Wang Zhidong got Wang Lei's support, but he and NetEase couldn't.

This incident of falsifying accounts has indeed made Netease's reputation very bad.

Mingming Net Arts still has up to 5000 million U.S. dollars in its accounts, but its market value is only 6000 million U.S. dollars, its net assets are as high as 6700 million U.S. dollars, and its liabilities are only 1400 million U.S. dollars.

No matter what, NetArt's market value should be around US$1 million.

However, due to the impact of the Internet bubble and false accounting, NetArt's stock price is extremely inconsistent with its own market value.

Ding Sanshi did not continue to speculate on Boss Wang's thoughts, but put all his energy into the research and development of Journey to the West 2.

He made up his mind to take back everything he had lost in 2002!

Qi Xiaona, who was held in Wang Lei's arms, asked curiously:

"Brother Lei, don't you really want to help Ding Sanshi?"

She knew very well that as long as Wang Lei was willing, Netease's stock price could rise sharply at any time and escape the junk stock rating.

Qi Xiaona has also evaluated NetArt's financial report. Although it is watery, it is really profitable to make money.

In her opinion, NetArt is a high-quality asset.

"As far as I know, Ding Sanshi plans to launch Westward Journey 2 early next year, and that's when I will take action."

NetEase's share price was as low as 0.48, a drop of 97%.

By that time, NetEase's total market value was only US$2000 million!

网易的收入从2001年的2800万增长到2015年的381亿，增长1360倍！

In 2002, you spent $1 to buy NetArt stock, and by 2003, the value would have increased to $70!

In just one year, NetArt became the “No. [-] stock on Nasdaq.”

Ding Sanshi also became the youngest richest man in Longguo in the year when he bottomed out and rebounded. He was only 32 years old at that time.

Wang Lei is waiting for NetEase's stock price to drop to US$0.5, and that's when he will really take action.

Although his wealth has expanded greatly, Wang Lei still likes the pleasure of buying low and selling high.

Just as he was thinking about it, his cell phone suddenly rang in Qi Xiaona's hand.

Qi Xiaona looked at the phone number with the note 10086 and answered the call without thinking.

"Hey, we don't do business..."

Akhben's voice came from the other end of the phone:

"Are you Wang Lei's wife? Tell him that I have something important to discuss with him."

Qi Xiaona looked strange.

She handed the phone to Wang Lei with a smile.

Wang Lei smiled guiltily and responded to Akhben in front of her:

"Is there any news about the half-city project on Lantau Island?"

"Yes, those old guys were also frightened by the incident in Beautiful Country. They followed my advice and planned to reintegrate their global business, sell off some non-performing assets, and invest the money in the real estate market in Beautiful Country."

Of course, these non-performing assets also include Hong Kong City’s Lantau Peninsula project.

Nowadays, the Lantau Peninsula project has been at a standstill. The two major investors, Dongdu Company and the Ross family, are unable to spend more funds to develop it.

Akhben could convince the family elders. The most critical reason was that they were more optimistic about the real estate in Beautiful Country.

The Fed's interest rate cut signal made them see more benefits.

They have two options in front of them. They can either make up their mind to invest a lot of money in the Lantau Island project. Maybe in a few years, when the Hong Kong city's real estate market picks up, they can make a small profit.

Either sell the Lantau Island project directly and invest the cash back into the more prosperous and beautiful country's real estate market.

When Akhben put this multiple-choice question in front of the stubborn elders, everyone knew what choice a wise man should make.

"As for the price, I won't buy it if it's more than half the price you paid for it."

Akhben fell silent. The Ross family teamed up with Dongdu Company to buy a half-city project on Lantau Island for HK$3400 billion.

Each of the two families had half, and each received half.

In other words, Wang Lei was only willing to spend HK$1700 billion on the project that the Ross family bought for HK$850 billion!

After the financial crisis broke out in Dongzhou, housing prices in Hong Kong City have been falling, and the cumulative decline in housing prices has reached as high as 50%.

But this price was difficult to satisfy the appetite of the elders, and Akhben felt that it would be difficult for her to facilitate this matter.

"Tell those old men that if you don't want to sell now, I will contact Dongdu Company immediately. If you don't want to sell, I'm not in a hurry. I estimate that housing prices in Hong Kong City will continue to fall. If I buy a few years later, I will be more willing to do so." A good deal.”

"Okay, I understand. Austin has been talking about you recently. Come and meet him when you have time."

Qi Xiaona, who had been listening carefully, discovered Hua Dian.

She never imagined that her husband, in addition to having a family in Aocheng, Hanguo, and Longguo, also had an illegitimate wife that they didn't know about.