<h4>Chapter 1098 – Frustrated Sun Zhengyi</h4>


    Feng Yu is satisfied after hearing Sun Lijie’s report on thepany’s current and future profits. About half of thepany’s investments had generated high returns, and the remaining half is still ongoing.


    Tai Hua Consultancy had stringent checks on thepanies asking them for investments. Not all intepanies had received funding from Tai Hua Consultancy, especially the field where Tai Hua Consultancy had invested in.


    This is because Tai Hua Consultancy firmly believes that thepanies they invested in will reach greater heights. Otherpanies in the same field will have no chance topete with them.


    What if Tai Hua Consultancy had invested inpanies that had ovepping businesses in the same field? How is Tai Hua Consultancy going to help thosepanies?


    If Tai Hua Consultancy supported bothpanies, it would bepeting among themselves. But if Tai Hua Consultancy does not support them, thepanies might be obsolete.


    At this time, Softbank’s Sun Zhengyi started to invest in thosepanies. He wants to replicate the inte boom like the US.


    Although Sun Zhengyi had not managed to invest in thepanies he wanted, he had invested in several smallerpanies. He will help them get listed.


    It’s hard for these smallerpanies to get listed on Nasdaq or Tokyo Stock Exchange. Still, it should not be a problem for them to get listed on China stock exchange. China still has not implemented strict requirements to get listed, and there are many loopholes to exploit.


    After thepanies get listed, thepanies can push up theirpanies’ share prices by selling their inte concepts and future ns. After one year, they will slowly sell off their shares and profit from there.


    Everything had been going smoothly. At the end ofst year, Softbank managed to get twopanies listed, and the share prices shot up immediately.


    But after the Nasdaq crash at the start of this year, China’s inte stocks also start to fall. The main reason is that the investors had heard what Feng Yu said. “How can thesepanies be worth so much?! They must be overvalued!”


    Thepanies that Softbank is pushing to get listed were ordered to stop. Those twopanies listedst year were investigated. They were found to have manipted their share prices and were suspended. When trading resumes, their share prices will plunge.


    Sun Zhengyi will not be able to cash out his investments. It’s the investors who had bought thepanies’ shares earlier that had made some money. Those that investedter also had their money trapped.


    Thepanies Sun Zhengyi wanted to invest, were snatched away by Feng Yu’spany. Thepanies he invested in were disrupted by what Feng Yu said. Sun Zhengyi is furious with Feng Yu.


    You earn your money, and I earn mine. We are not interfering with each other.


    You had already snatched away my prospective customers, what else do you want?!


    Sun Zhengyi had wanted to use thepetition between the three Chinese web portals and get a bargain from it.


    But the Bosses of those three web portals know each other and have a healthypetition. All of them are focusing on getting users and are reporting the news. But Sina is now focusing on their Micro-blogging feature and overseas news. NetEase is focusing on mailbox and game distribution. Just the game distribution business, NetEase managed to break even this year, while Sohu is focusing on online forums and videos. Almost allizens in China will have a Sohu ount!


    Almost everything is discussed on the online forums.


    The staff inpanies with inte connections will check thetest news on Sina before logging in to NetEase mailbox for their emails. After that, they will log into Sohu’s online forum secretly while working.


    Everyone will check the forums every once in a while. There might be some discussions that interest them appearing anytime.


    What if someone is looking for you? It’s fine. They will contact you through QQ. Like Wind and Rain Electronics, almost all bigpanies in China are encouraging paperless offices to save costs!


    Feng Yu had only told hispanies to use QQ to pass messages within thepany and stop paper wastage. But he did not expect hispanies to implement it to this extend.


    Some important documents like drawings, contracts, etc. must still be printed.


    But the few intepanies Feng Yu invested in had entered allizens’ life in China. It’s impossible for any Chinese who goes online to not know about these threepanies.


    The inte is developing rapidly, and PCs are gettingmon in China.


    But Sun Zhengyi’s investment losses are increasing.


    Many of thepanies Sun Zhengyi invested in finished spending their funds even before they got listed. Thesepanies contacted Sun Zhengyi for more investments in exchange for shares.


    Sun Zhengyi realized thesepanies had spent their funds recklessly.


    I had invested a sum of money in yourpany. The first thing you do is renovate your office, buy cars for all thepany’s executives, increase the sries of all developers, etc.


    But where are the results you promised me?! You all had not fulfilled your ims and had not aplished anything. All you did was to paint a beautiful picture to get me to invest!


    You all had not achieved anything and used the invested money on yourselves. Are you treating me like an idiot?!


    Sun Zhengyi scolded his subordinate, who had negotiated with thosepanies, to vent his anger.


    But that subordinate felt wronged. We would have invested in Sina sessfully if you had not demanded more shares back then.


    I had rejected some of thesepanies, but you are the one who asked me to take the risk. You said that the inte is booming in China, and we can make high profits through thesepanies. That’s why thesepanies passed the selection criteria, and now you are ming me for these losses?!


    But there is nothing this subordinate can do, as Sun Zhengyi is his Boss.


    “Go! Think of a way to stabilize those two stocks and get these twopanies listed. If not, our investments in China will be gone.” Sun Zhengyi threw a document file on the floor.


    The subordinate quickly picks up the file and left Sun Zhengyi’s office.


    Sun Zhengyi had been in a bad mood after he failed to invest in those Chinese intepanies. Maybe it is also because Yahoo’s share prices had crashed recently.


    But based on the agreements, Sun Zhengyi cannot sell their intepanies’ shares within the next few years. If not, thepany will not suffer so many losses.


    Sun Zhengyi is facilitating Yahoo to enter China. With Yahoo’s experience in the US, they will surely be sessful after they enter China.


    Those three Chinese web portals will be defeated by Yahoo! They will be defeated by Softbank!