Chapter 1374 – The Li Family wants to invest
“Mr. Feng, thank you for coming to receive us.” Li Zeju said.
Li Zekai interrupted. “Brother, we are friends. Why are you treating Feng Yu as an outsider?”
“That’s right. Zekai and I are old friends. Let’s just address each other by names.”
Feng Yu used to call Li Zejai (Big) Brother Kai. Still, after becoming the World’s Richest Man, Li Zekai stop addressing him as (Younger) Brother Feng and don’t allow him to call him (Big) Brother Kai.
In the past, Li Zekai has an air of superiority because his father is Asia’s super tycoon. But after Feng Yu’s net worth exceeded Superman Li by a lot, his superiority disappeared.
Only Wen Dongjun dares to address Feng Yu as Xiao Feng or Xiao Yu, other than his family.
In the car, Li Zekai said. “We are representing our family to meet you. We want to invest in some of your business.”
Invest in my business? Feng Yu wished to work with Superman Li. He is the king of Ports, and many people are lining to cooperate with him. Sea freight is still the main form of goods transportation.
“Which company is your father interested in?” What can make Superman Li send both his sons to the US to discuss with him? Could it be my US companies?
“I heard from Guangzheng that Amazon is entering its second round of financing and is going to be listed?”
“That’s right. We are getting companies to quote, and this might be Amazon’s last financing. What’s wrong? Is your family interested?”
Li Zekai looks at Li Zeju, and he said. “Hutchison and us have a retail business, and Amazon is the leader in eCommerce. If we can cooperate, it will be a win-win situation. That’s why Hutchison and us are interested in Amazon’s financing. We hope we can buy some shares.”
How are they going to buy the shares? Of course, it will be through private placement.
Li Zekai flies to Canada often and has been monitoring the North American market closely. That’s why he knows Amazon’s potential. Amazon is the World’s No.1 eCommerce website!
Everyone can foresee the share prices of a World’s No.1 company shooting up after it was listed. Furthermore, the Li family is interested in eCommerce and wants to try it. Their Watsons might also use eCommerce in the future, and they can learn from Amazon.
“I shall be honest with you. We will not be issuing many shares this time, and we had signed agreements with those investment companies. It might be difficult for them to issue private placement notes to you at lower prices.”
“We don’t need lower prices. We are willing to accept the issue price. After several rounds of inquiry, I believe the issue price is finalized now. You can help to inform them to issue a private placement note to us.” Li Zeju explained.
“Oh. This is not a problem. Maybe when the share prices stabilized after two years, I can exchange some shares with Hutchinson.”
Exchanging shares between two companies is a form of cooperation. There are many advantages of doing this. It will improve the relationship between the two companies and increase investors’ confidence.
This is very common between subsidiaries of the same holding company. This will also prevent others from a hostile takeover.
It is also common for a company to exchange shares with another company with close ties to the major shareholders. For example, members of a business association will often exchange shares for increasing trust. This will form stronger bonds to achieve their business goals.
Suppose Tai Hua Holdings, or Wind and Rain Holdings, or their subsidiaries, can exchange shares with Hutchinson. In that case, it will be a win-win situation. Both parties’ share prices will soar.
Li Zeju agreed on behalf of Hutchinson without hesitation. He is currently Hutchinson’s Director and CEO. It’s very obvious who will be Superman Li’s successor.
This discussion went smoothly, and they had settled all the details when they reached the Wind and Rain Empire State Building.
But after they went upstairs, Li Zeju asked. “Is Google going to be listed?”
This is not hard to guess. Getting listed at Google’s current scale will benefit all of Google’s shareholders, especially Feng Yu.
“What’s wrong? Are you all also interested in Google?” Feng Yu laughed.
“This is the World’s No.1 search engine company. How can we not be interested? Although Hutchinson and we are not familiar with IT, Zekai is doing not bad in this area.”
Li Zekai had used a technology park concept to package real estate development and increased Pacific Century Group share prices. He is indeed a genius, and he also has lots of investments in Japanese tech companies. He can be considered one of the prominent figures in the IT industry.
“That right. Google is going to be listed, but it will not be a small amount if you all are going to invest in both companies.”
Feng Yu wants to ask them if the Li family will invest under Hutchinson’s name or their accounts. If they are using the company to invest, this amount is not a problem. These two years, property prices had started to rise, and Superman Li’s land parcel in China rose a lot.
They can just sell a few plots of land and get a massive amount of cash. Furthermore, Hutchinson also has high reserves. They can use it to buy these shares with no problems.
But it will be hard for the Li family to buy the shares by themselves unless they are willing to sell some shares. If not, they will not have so much cash.
The Li family is different from the Fu family. They are more focused on physical business, and the Fu family is into financial markets. That’s why the Li family cannot cash out their assets so fast and doesn’t have as much cash reserve as the Fu family.
“We will be investing in Amazon with Hutchinson, and my father and brother will be investing in Google. This will be their personal investment and has nothing to do with the company.”
Superman Li and Li Zekai will be investing in Google? This means Superman Li is going to give these shares to Li Zekai.
“Alright. This is not a problem. I would rather be selling these shares to my friends for them to make money than selling them to others.” Feng Yu agreed.
“Thank you. May we have a pleasant cooperation.”
“Pleasant cooperation.”
