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Chapter 1164: Chapter 1022: World-Class Tycoon (Subscribe please!)
Sina Finance.
As soon as Rong Ying arrived at work,
she was summoned by Leng Mu.
"Xiaoying, quick, write a supplementary news piece on the prospects of Tang Qing’s industries. I thought the numbers on the two lists would be similar, but I didn’t expect such a big difference," Leng Mu’s face bore an excited expression.
With that calculation,
Tang Qing’s net worth
exceeded the total of the last three by not an insignificant margin—today’s headlines were secured.
"Okay," Rong Ying readily agreed.
The main page
is usually written by the discoverers of the news.
This time, the Forbes press conference was held in Beijing, and the main coverage would certainly be written by colleagues there, but their side also needed to help round out this "series of reports."
Back in the office,
Rong Ying wrote with fervor.
During this, she even made a congratulatory call to Lin Jiaxue, maintaining relations with the Tang Family was also part of her job after all. With a total net worth of eighty-nine billion dollars in this era, it indeed seemed a bit terrifying.
...
Tang Qing was number one.
That much was anticipated by the media.
But then Tang Qing’s net worth had seemingly sprouted an extra thirty billion dollars, practically another second-placer, which got them all confused about what factors made Forbes so optimistic.
It was also this list
that solidified Tang Qing’s status as a world-class tycoon.
Hurun,
after all, was just a local Chinese list.
Last month’s Hurun release focused mainly on media around China and Southeast Asian countries. Even if Western media also reported it, Hurun’s valuations were not ’mainstream globally.’
Forbes is the world’s standard.
Its influence is not in the same league; although it may seem a bit ’unscientific,’ the figures in Forbes are generally accepted by the public in Western countries.
At this moment,
online,
there was already a heated discussion.
After Comet Video’s attractive female news anchor reported the news, the barrage of comments began to flood the screen. Although it was working hours, there were always plenty of idle people browsing the internet.
Comet Video’s news broadcasts differed from TV.
Firstly, the anchor was a beautiful woman, a cute and adorable one, who could act sweet and joke around.
Secondly, the reports used light-hearted and humorous language, often satirical in tone on current affairs, slightly bolder than traditional media.
This created a large base of loyal fans.
It became a daily must-watch for many.
Especially,
with such a cute girl, who would change seven times a week. Other times, each host had their other segments, some specialized in food, others in pets, and some in travel.
In short,
in terms of visual consumption,
like Civilization magazine,
Comet Group stood at the peak.
In the barrage,
the tone shifted from a flood of hormones.
"Roar roar roar, Tang Qing is mighty, go pull Bill Gates down from his horse."
"I hope he breaks a hundred billion quickly, because I like round numbers."
"Tang Qing is definitely going to be the next Li Ka-shing, no, he IS Tang"
"Damn, strongly suggest Comet Video lift the word limit on"
"the barrage. Darn darn darn .........."
"Raise the limit +2."
"Raise the limit +3."
"..."
Quickly,
the discussion went off on a tangent.
...
As various media published detailed reports, everyone finally understood how those extra thirty billion came about. It turned out that it wasn’t that Hurun’s valuations were off, but rather that in recent days, companies under Tang Qing had made new moves.
In the list,
For each of the three enterprises under Tang Qing, Forbes provided detailed reasons.
Firstly.
Comet Group.
Its Civilization series, Forbes has given a valuation of three billion dollars.
Adding up the other companies under the group, the total value stands at forty billion dollars, and they say, if the third installment of Civilization maintains such high quality, the brand value will continue to rise.
Microcrystalline Technology.
The rising star of the photovoltaic industry.
Recently, it has won several large photovoltaic project orders in a row, so Forbes is very optimistic about the future of this company, especially its home power solution technology, which won a sizable award last month.
Thus, the final valuation was at one and a half billion dollars.
Qing Yang Audio Equipment Company was even given a valuation of one billion two hundred million dollars.
The reason is simple.
Just last week.
While Tang Qing was fishing with a straight hook at the manor.
Qing Yang Audio’s smart audio equipment had its US debut, last time, Tang Qing agreed to lend it to Uranus’s American friend, so, the man helped himself.
He held a concert with thirty thousand people.
An outdoor concert.
When they sang.
The entire audience was shocked.
They weren’t wearing earphones!
Nor were they inside listening to expensive, high-quality speakers, how could it... When the whole concert ended, the singer Beyoncé revealed the reason, it turns out they were using a new sound effect technology.
After listening to this concert.
Just like the Huaxian audience.
They wondered what had they been listening to before? Howling like ghosts and wolves? With such audio effects, that’s when it’s truly worth the ticket price, thus, Tang Qing’s equipment went viral, and it really caught on fire.
In a matter of a few days.
The company received hundreds of phone calls.
All were requests to rent or purchase the equipment, but Tang Qing had decided from the start, to release only five sets, outright purchase was not an option, rental required queuing, and then an upfront usage fee. 𝖓𝖔𝖛𝔭𝖚𝖇.𝔠𝖔𝔪
Realizing the situation was unattainable.
While the media were still hot.
They paid and queued up.
Preparing to ride the hype, to hold concerts for their own singers, at a minimum, they couldn’t lag behind others. Otherwise, in the future, if concerts didn’t have this gear, they might start losing the audience.
It was also then.
Many people found out that the man behind the scenes was Tang Qing, and they dispelled the thought of investing. A Huaxian super-tycoon, he didn’t lack money and wasn’t someone they could manipulate. Not selling, what else could you do?
These days of presales.
Filled up the forthcoming three months completely.
Five sets of equipment.
The average rental price was two hundred and eighty thousand dollars per show.
In just one week, the company received seventy-five million dollars in advance payments, making a bit of pocket money, it was such prospects of profit that Forbes gave such a high valuation.
...
While Huaxia media were fervently discussing.
United States.
New York.
Ge Feng’s villa.
Ready to sleep, he received a call from his father.
"Dad, what’s up?" Ge Feng asked.
"Do you know Tang Qing well?" Ge Feng’s father inquired.
Ge Feng replied, puzzled, "It’s okay, didn’t you meet him last time? What’s wrong?"
Ge Feng’s father spoke plainly, "He has a few promising companies in his hands, the family is interested in investing, but we need someone familiar to inquire. You know him best in our family."
"Dad, his businesses are doing well, why would he need our money." Ge Feng said with a wry smile.
Ge Feng’s father said indifferently, "That’s why we need someone familiar to ask. A year ago, you sold Microcrystalline Technology for less than a hundred million dollars, do you know its current worth? A full one and a half billion dollars."
"What? One and a half billion dollars? How come." Ge Feng was astonished, last time it was just a few hundred million dollars, it’s gone up again?
"Microcrystalline Technology is now world-leading in the photovoltaic energy field, and unexpectedly, its home power supply solution has achieved tremendous success. The family is a bit skeptical about your business acumen."
Ge Feng was also a bit angry, "This has nothing to do with me, it’s because of their newly hired talent, back when we sold it, I had the family’s professionals assess it, and they said it was sellable."
"The family indeed bears some responsibility."
"...What do you want me to do?" Ge Feng didn’t want to argue about who was responsible with his father.
"Call Tang Qing, see if there’s a chance to buy stocks in Microcrystalline Technology. We can pay a premium to buy them. The family values Tang Qing, and his only company in the United States is this Microcrystalline Technology."
"How much of a premium?" Ge Feng asked.
"That’s not actually important. What’s important is establishing a cooperative relationship with Tang Qing. You tell him, we can remove any barriers for Microcrystalline Technology in the Western countries’ markets, as for money, it’s negotiable."
Ge Feng nodded and said, "Alright, I’ll ask, but I can’t guarantee anything."
"I understand."
