Rebirth: Super Banking System

Chapter 1766: Chapter 1596 Penguins are Taking Off (Happy National Day!)

Fifteen minutes.

The last fifteen minutes.

Sixty-eight.

...

Seventy-one.

...

Seventy-seven.

...

When Penguin closed, it directly rose to eighty-five bucks, compared to the morning’s opening of sixty-one Hong Kong dollars, it went up by forty percent, making many who finished their day’s transaction stunned.

What’s going on.

ERV?

How come there’s no news at all? Logically, such a shareholder change should have been announced by Penguin’s side, or MIH first, to raise stock prices, increase bargaining chips, and then negotiate for some days.

But damn.

It was completed all at once, without any warning.

Where’s the process?

"WHAT? I just sold all the Penguin stocks in my hand!"

"Me too, lost big time."

"Blame it on my itchy hands today, can’t even eat dinner now."

"Serves you right."

"How can you talk like that!"

"That’s the truth, in the Stock market, you’re buying trust in the Company, if you don’t trust it anymore, yet expect it to make money for you, dream on; all this regret doesn’t deserve a bit of sympathy."

"Indeed."

"Agreed."

"+1."

"Who could have thought ERV would step in."

"Lucky me, I only reduced half, haha, ERV stepping in, I don’t know if Penguin is saved, but my Property definitely is; what do you guys think, how high can it go?"

"One hundred."

"One hundred fifty."

"One hundred sixty."

"..."

"I think at least two hundred. This isn’t a normal stock purchase, it’s becoming the Major Shareholder of Penguin. Don’t just talk about us small investors, foreign Investors will definitely rush in."

"Right, some are yet to get the news; after tonight, it’s the moment to witness miracles."

"Two hundred, tsk tsk, made it big."

"Sigh, perfectly missed the chance again, entering tomorrow, probably hard even to buy."

"What do you guys think Tang Qing is thinking now?"

"He’s definitely paying a lot of attention. Before, Penguin was being oppressed by Tang Qing’s few Companies, slowly declining. Now with ERV’s backing, it’s like a shot of adrenaline; won’t it run fast?"

"Makes sense."

"Tang Qing’s in trouble now."

"..."

"I still have confidence in Tang Qing; him getting this far isn’t just Luck. Besides, even in terms of Wealth, he and ERV’s guy both far surpass the previous first and second; they’re all super players."

"The only difference is nationality."

"Exactly, ERV is a US Company, Natural advantage, but don’t underestimate Tang Qing."

"Who dares to underestimate him? Right now, his Wealth is estimated to have exceeded two trillion RMB; even compared to Li’s family, it’s probably only one-tenth. "

"Scary."

"ERV grasps the Lifeline of Qingyuan Technology, chips, operating systems, still under others’ control, afraid that ERV uses unfair Competition, in that case, Qingyuan Technology would be the first to fall."

"Impossible."

"Why?"

"ERV wants the Huaxia market, they have to follow the Rules, if they mess around like that, do they really think there’s no one here? As long as their decision-makers aren’t idiotic, they won’t use methods like not selling chips."

"Bullying people like that is cutting themselves off from the Huaxia market."

"..."

Online.

Regarding this matter.

The evening made Huaxia lively. As for ERV, ordinary people don’t feel much, just think of it as a United States enterprise, started with Games, and growing very large.

Besides.

This time is a matter between MIH and ERV.

Not acquiring the shares in Ken’s hands, meaning there is no change in foreign holders’ proportion, yet some people still worry if Penguin will be consumed by ERV in the future.

This seems like nothing.

If it were before.

Penguin was the leading Internet enterprise in Huaxia, occupying a dominant position, if controlled by foreigners, it would be hard for ordinary people to accept, however, now the situation is different.

Ali.

Comet Group.

WeChat.

Xiao Xiao.

...

They have all been dominating the headlines these days, hearing about Penguin is just small stuff; thus, for a Company sliding down the industry ranks, even if acquired, it’s not hard to accept.

"Penguin finally found a powerful ally!"

"Forced by Tang Qing, if it weren’t for Xiao Xiao, WeChat, Penguin would still occupy the ruler position of instant Communication, but in the shift of new Technology revolutions, it indeed lost the upper hand."

"Regrettable!"

"That’s Business."

"Penguin’s survival instinct is really strong!"

"You’re mistaken, I heard this time ERV made a sudden attack, found MIH, forcefully acquired its Stocks, then found Ma, it wasn’t Penguin actively seeking ERV to come in."

"Really?"

"I heard it from insiders, won’t be wrong."

"No wonder it’s so fast."

"Then logically, it makes sense, otherwise MIH would definitely propagate to raise the price; this time indeed no wind, just straightforward sold all Shares."

"Logical."

"MIH is too timid."

"I think so too."

"Timid? Take a look at ERV’s current status, I think ERV found MIH, saying if you don’t sell to me, I’ll invest in other Companies, when your Stocks shrink don’t blame me."

"Pretty vivid."

"ERV indeed has this strength."

"Dominant."

"The first time I knew most of Penguin’s shares were in the hands of foreigners."

"Bro, just got connected to the Internet cafe."

"... connected a while now."

"Not just Penguin, wasn’t Ali the same before? Most shares in foreign hands, SoftBank and Yahoo; later Tang Qing intervened, Cash+exchange, then became Ali’s first Major Shareholder."

"Were Huaxia Investors blind back then? Didn’t invest in these Companies."

"Exactly."

"If it were me, I wouldn’t choose Huaxia Investors either." noveldrama

"Why?"

"You know, partners in Business, how successful are they? First is the money, they need large investments, hard to see Cash returns short-term."

"Foreigners have money, can also bring advanced Management methods and channels, Technology, and talent, attracting more excellent people; domestic Investors barely have this capability."

"Lastly, it’s about full control, they invest but don’t interfere in Company affairs, the founder teams firmly grasp the Company, finding Huaxia Investors, it’s strange if they don’t meddle."

"..."

Some keen people start to defend.

In conclusion.

If Huaxia Investors got involved, the Company couldn’t be what it is today, although it doesn’t sound good, thinking about it, it isn’t unreasonable, domestic relationships are really too complex.

Finding foreign Investors.

Perhaps can prevent some unclean hands from reaching in.

See the Company doing well.

Many will be envious, with foreign capital, at least a thick layer of protection.

"But isn’t Tang Qing domestic capital?"

"Not the same."

"Tang Qing is domestic capital, but look at his Management model, already world-leading, not inferior to foreign capital, besides aiding Ali’s development, also not interfering in Ali’s Management."

"Luckily, we still have Tang Qing holding the fort, just now made me feel a bit depressed."

"Exactly."

"No matter what, this time, Penguin is about to take off."