Chapter 1089

After ye Jianbin's excitement was frustrated here last night, Zhang Ke didn't disturb anyone when he slept until dawn. When he woke up in the morning, he stood in front of the French window and opened the curtains to let the morning light pour in unscrupulously.

The cold snap hit these days, and there were some frost marks in the yard. Unexpectedly, just after the night, the tiger hoof plum in the corner of the yard opened. When she called Xu Sitong yesterday, she also thought that the tiger hoof plum in the yard would open these days. The plum branches were withered and thin, had no leaves, and decorated with flower and bone blossoms. In the cold morning light, people felt especially energetic.

Zhang Ke went to the chilly yard to see tiger hoof plum for a while. Someone sent breakfast and morning paper. Depending on the response of all circles to the Sino US bilateral agreement and the sharp rise of Kunteng online stocks, it is more appropriate to browse the news online, but life is more traditional occasionally.

Under the pressure that ESS is about to reduce its holdings on a large scale, the share price of Kunteng online oscillated and rose after the sharp rise in the opening market. Finally, it stood above $48, and its market value doubled overnight, adding a new chapter to the Internet wealth myth.

After more than a month of oscillatory adjustment, it is a foregone conclusion that the indexes of Luzhou and Shenzhen have risen sharply on the last trading day before the market is closed on the New Millennium New Year's day. We are more concerned about whether there will be a grand occasion of collective trading limit for new technology concept stocks.

Zhang Ke had breakfast while reading the newspaper. Just after eight o'clock, Fu Jun and the administrative secretary came with the information.

"Why is it so early?" Zhang Ke picked up the watch on the table and looked at it.

"President Ye is in a hurry. Will you hold a conference call now?" Fu Jun asked.

Ye Xiaotong was about to give birth. Master Ye personally detained her in the old house to let her have a child at ease. The administrative department was headless for a while, but Fu Jun took charge of this temporarily, so there would be no confusion.

"You can show me the final plan submitted by Microsoft and let them hold a conference call first." Zhang Ke received the fax from the United States last night from Fu Jun.

"Mr. Ye didn't sleep last night and waited for a conference call to make up for their sleep," Fu Jun said, and took out a document and handed it to Zhang Ke. "The comprehensive opinions discussed by Mr. Ye and them all night are also here."

After Microsoft was convinced that its thoughts on the closed application environment were revealed to Jinhu, especially after the sharp rise of Kunteng online's share price on NASDAQ yesterday, it gave up its efforts to lower the price in exchange for other more favorable conditions.

In the final agreement scheme submitted by Microsoft, it is clearly proposed that the mode platform of the combination of global music online and Dyer hardware should facilitate the promotion of a new generation of audio format standards, and Jinhu is required to give up the market profiteering strategy in a clear plan to expand the share of iPlayer in the portable music player market. In addition, Microsoft shall enjoy the same level of treatment as scooter in obtaining the technical license of iPlayer products.

Microsoft will pay US $900 million to Jinhu for the above additional terms and 30% equity of global music online. Of course, when it is announced, US $900 million is only equity and purchase, not involving others.

Considering that Microsoft will also benefit from the additional cooperation conditions proposed by Jinhu in the promotion of flash disk technology, Microsoft agreed to all of them.

Zhang Ke read the final plan submitted by Microsoft and the opinions discussed by Ye Jianbin all night. He asked Fu Jun to take a pen to him, sign the document and give it to Fu Jun "That's it. They all have a unified opinion. What meeting will be held? Today's Millennium night, what should we do? You also go back to Haizhou. Don't come back before the 4th. I made an appointment with Du Fei this morning to play..."

Ye Jianbin also sat at his desk and drank coffee leisurely. The video conference interface had been opened. He chatted with Chen Xinsheng and Su Jindong on the video interface. When Zhang Ke's terminal was connected, he put down the coffee cup excitedly and was ready to catch Zhang Ke complaining about their hard work of staying up all night yesterday. Unexpectedly, Fu Jun showed his face.

"Zhang Ke affirmed the final plan submitted by Microsoft. I'll send you the electronic file of the signed document later. Zhang Ke hopes that you won't work too hard on the Millennium night and practice it. The video conference will be cancelled temporarily, and we won't send you New Year's greetings..."

Ye Jianbin shook his head and smiled bitterly. How can he easily leave his work like him? Since there is no objection to the agreement with Microsoft, Xiao Jincheng and Cheng Hanzhang officially signed an agreement with Microsoft in the United States, which is a gift on the eve of the new millennium.

There is also a need to revise the terms of negotiations with Walden venture capital and Goldman Sachs.

NASDAQ and other major new technology indexes in Europe and America have been rising for a long time. They are almost two to three times higher than the lows of previous years. European and American investors are still immersed in the dream of long-term prosperity of the Internet economy. Although they all know that there is a bubble, the rapid growth of the global Internet industry has convinced them that the bubble will soon become a natural drain on the real industry.

Take China for example. The total number of Internet users increased by more than 150% in 1999, from 8 million at the end of 1998 to 20 million at the end of 1999. Moreover, the market has great potential for development. The expected performance of Microsoft and other new technology leading enterprises in 1999 is also significantly better than that in previous years, giving investors great confidence.

As the first Chinese portal and the only Chinese portal listed on Nasdaq, Huadeng fund company, which participated in Kunteng online venture capital in the early stage, also believes that Kunteng online's share price has the potential to continue to rise.

The news that Zhongjing microchip will build two wafer factories at the same time has become popular in the industry. They also know that Jinhu has an urgent need for cash out. Earlier, there were only 7.5 million public shares of Kunteng online. Once the 17 million shares held by ess have passed the lock up period, they will quickly reduce their holdings in the short term, which is bound to completely disrupt their original plan. If they want to resolve the pressure brought by the ESS reduction plan, they must cooperate with other investment institutions to undertake all the shares held by ess first.

Such negotiations have long been started. Of course, Jinhu cannot expect these investment companies to take over the offer at the market price. Price negotiation is the most critical factor. Before last night, the share price was only $21 per share. Just one night later, it soared to $48 per share. At this time, almost all the previous negotiation results will be invalidated. Now it is a question whether people will continue to negotiate. After all, the revised price will greatly exceed the previous forecasts of these investment companies, which means more risks.

Anyway, after the new year's day of the new millennium, ESS's shares in Kunteng online have passed the lock up period. According to the previous plan, if there is no large investor to take over the offer, it is necessary to start the reduction plan in the open market - the Sino US bilateral agreement can be reached at such a critical period and stimulate the sharp increase of Kunteng online's share price, which undoubtedly gives Jinhu more than $400 million in cash, This is a windfall, but also completely smashed Microsoft's efforts to depress the price of global music online equity.

The top management of Jinhu has been struggling with the lack of funds. This time, if it can successfully reduce the shares of Kunteng online and Microsoft pays for the equity and purchase of global music online, Jinhu will almost increase $1.67 billion in cash at once - even if CIC microchips build two wafer factories, Jinhu can bear its own contribution obligation.

Ye Jianbin, Chen Xinsheng, Su Jindong and others are excited and can't sleep for no reason.

Kunteng online's share price soared overnight. Yan Wenjie was jealous and envious. Who would have thought that several websites founded by Tsinghua students have a market value of more than $2.7 billion today. Not to mention the investors hidden behind Kunteng online, those founders also have a sharp increase in wealth. Ma Xiangdong has become a hot spot pursued by the media today with 1.9 million shares and a wealth of more than $90 million.

The facts again and again remind Yan Wenjie that his previous plan was too conservative.

After ESS announced the reduction plan, Kunteng online still has a market value of more than $2.7 billion, and Amazon has a market value of more than $26 billion. Haisu technology has themes such as e-commerce, Internet cafe industry, software industry and wafer manufacturing. Even in the domestic stock market, there is no reason why its market value can not compare with Kunteng online, which can only burn money so far.

Although the market value of Haisu technology has increased to 5.8 billion at this time, which is almost the market value target set at the beginning of Yan Wenjie's plan, it still seems too conservative. A market value of more than 20 billion can not be regarded as an unrealistic fantasy. Kunteng online is a living example. Once the market value reaches 20 billion yuan, it means that after May next year, they can raise more than 6 billion yuan at one time in the form of public issuance of new shares.

With this 6 billion yuan, it can greatly alleviate the capital hunger faced by Hongxin member enterprises at this time.

Yan Wenjie did not want to give other retail investors or investment institutions the opportunity to intervene in Haisu technology. As soon as the Shanghai and Shenzhen stock markets opened, the funds of Xintong securities immediately raised the stock price of Haisu technology to the limit; Influenced by the good news of the signing of the bilateral agreement between China and the United States, the Shanghai and Shenzhen stock markets are red with blood.

Xu Si took a bus to Jianye at noon to spend the Millennium night with Zhang Ke, which most people thought was of great significance. Zhang Ke took it as his own holiday. When Xu Si came to Jianye, he went to Xinshi street for dinner and shopping with her. The streets and alleys were also full of festive atmosphere with the efforts of major merchants. When selecting scarves in Oriental International Plaza, Zhang Ke received a call from Tang Jing:

"Thank God, the lecturer of French class suffered from severe cold last night. I'll go to the airport now and see you in two and a half hours..."

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