Chapter 1408: The root server that suddenly came to mind

'Chairman, the island country has faxed over a report, and you may need to make a decision.'

That morning, Xia Yu was reading the newspaper when his thoughts started to wander as he tried to further improve the financial sector. Then Fok Kin-ning came in to report to him.

'What is it?'

Xia Yu tilted his head slightly, looked at Fok Kin-ning, and asked softly.

'It's about the petroleum sector in the island country. Major changes are about to occur. Matsumoto Yu is asking if we should intervene strongly?'

Fok Kin-ning quickly finished speaking and handed Xia Yu the printed material.

After quickly going through the material, Xia Yu understood.

Major changes were indeed imminent in the island country's petroleum industry.

Due to the plummeting international crude oil prices, competition in the island country's petroleum industry had also become more intense, and as a result, all oil companies were suffering losses.

The oil companies backed by large consortia are doing relatively well and have stronger risk resistance, but those outside the six major consortia are having a much more difficult time.

Under these circumstances, Maruzen Petroleum, a subsidiary of the Sanwa consortium, wants to buck the trend and expand. It has applied to the Sanwa Bank and other banks for financial support and is preparing to merge with Daikyo Petroleum and Asia Petroleum in one fell swoop.

Daikyo Petroleum is ranked seventh among the island's domestic oil companies and is backed by Daiwa Bank and Kyowa Bank.

Asia Petroleum is already ranked 11th.

As for Maruzen Petroleum, it is currently ranked third in the island country, and its strength is comparable to that of Toa Oil, which is under the Mitsui consortium.

If Maruzen Petroleum, Daikyo Petroleum and Asia Petroleum merge, the new oil company will instantly become the largest oil company in the island country, surpassing Idemitsu Kosan Group, which Xia Yu holds 12.8% of.

The Idemitsu Kosan Group's 12.8% stake was precisely the dowry that the Sumitomo family gave to Sumitomo Kumiko last year.

'Dong...dong...'

Xia Yu's fingers tapped the table in an unordered manner, and his gaze was a little distracted.

Fok Kin Ning knew that the chairman was thinking, so he kept quiet and waited.

After a long time,

Xia Yu blinked, glanced at the document again, put it down, and then said to Huo Jianning, 'We definitely need to intervene, but we must not offend the Sanhe Group.'

'Mobilise the company in the island country, find a way to acquire a stake in the three oil companies, and in the newly established oil company, we should hold as much of the equity as possible.'

'Okay, I'll make the arrangements right away,' Huo Jianning nodded and took down the content.

Xia Yu paused for a moment and continued, 'In addition, although there is still room for the international crude oil price to fall, it will not fall significantly.'

'Mobilise resources to buy the shares of Idemitsu Kosan Group at the bottom price, buy as much as possible, but remember not to make a big deal out of it.'

'There will be other opportunities in the future.'

'Understood!' After saying this, Fok Kin-ning continued to write it down.

'Well, these are the two points for now, if there is nothing else, you can go ahead and make the arrangements.'

'Yes, Chairman, I'll go down first.'

Xia Yu nodded slightly, and once again picked up the business intelligence that he had previously read, his expression a little inexplicable.

One of the pieces of intelligence involved the Chen family of Xiangjiang.

This Chen family is a first-class family in Xiangjiang, the Chen family of the Hang Lung Group.

The Hang Lung Group was previously one of the 'Five Tigers of Real Estate' in Chinese-owned businesses, along with the Woo family's Hopewell Holdings, Li Ka-shing's Cheung Kong Group, Lee Shau Kee's Sun Hung Kai Properties, and Cheng Yu-tung's New World Development. The founder was Chen Zengxi.

Although Xia Yu and Chen Zengxi were several years apart in age, they knew each other, although their relationship was not harmonious.

There was no way around it. The two sides had different positions. The Chen family had made its fortune in real estate and naturally hoped to see the real estate industry in Hong Kong flourish and prosper, so that they could reap even more wealth from the people.

However, the faction led by Xia Yu was doing its best to suppress the real estate market.

With such opposing positions, it was no wonder that the relationship between the two sides was bad. In other words, Xia Yu was too powerful, and the Chen family simply did not dare to show hostility.

Of course, Xia Yu was not concerned about the real estate industry.

Chen Zengxi also passed away just after the New Year.

The information on this shows the big moves of the new generation of the Chen family.

Chen Zengxi's two sons were both elites. Chen Qizong joined the Hang Lung Group as a director, and his uncle, Chen Zengtou, Chen Zengxi's younger brother, became the chairman.

Chen Qizong's younger brother, Chen Yuezong, took the money that his father transferred to the Chen Zengxi Foundation and went to the United States to establish the Morningside Venture Capital company, and also set up a Morningside Venture Capital branch in Hong Kong.

What triggered Xia Yu's reverie was none other than this Morningside Venture Capital company.

This company has invested in companies such as Sohu, Ctrip, UC, YY, Xunlei and Xiaomi Technology!

It wasn't that Xia Yu wanted to invest in Morningside Venture Capital, because he knew it was impossible.

Rather, he thought about the loopholes in his own layout in this area.

He was responsible for investment companies in this area, such as Polaris Capital, which had branches not only in the United States, but also in island countries, Europe, Taiwan, Hong Kong and other places.

For example, in Taiwan, Polaris Capital set up a branch at the end of the 1980s and seized the opportunity to invest in a series of technology companies in the Hsinchu Science Park. The future famous Foxconn Technology Group was acquired by Polaris Capital, which took a 45% stake.

In Taiwan, there are also dozens of companies such as United Microelectronics Corporation and Formosa Plastics Corporation that have been invested in by Polaris Capital.

Facing the capital giants from the United States, the domestic capital of Taiwan Province simply refused to reject them, and the Taiwanese political arena was also unable to stop them. They even welcomed Polaris Capital's entry, seemingly thinking that this would deepen their ties with the United States.

Of course, although Polaris Capital has also set up a branch in Hong Kong, due to the special circumstances in Hong Kong, Polaris Capital has not previously carried out venture capital in Hong Kong, but rather other capital investments and activities.

In the final analysis, since its inception, Polaris Capital has never been defined as a venture capital company, but rather a capital holding company, with venture capital being just one of its businesses.

Xia Yu was thinking deeply this time because he was considering the electronics and high-tech industries, one of the six pillars of Xiangjiang, as well as the future industries of the mainland.

He needed a company specialising in venture capital to create a venture capital platform to seize all future opportunities as much as possible!

The development of Xiangjiang has been completely changed by him, and the development of the mainland has also become different from the previous life because of his presence. At the very least, many processes have been accelerated, detours have been avoided, and the internal and external environment for development has improved considerably.

Therefore, Xia Yu is certain that many companies that existed in the previous life may not exist this time.

In this way, the value of his memories in the future will decrease sharply.

Although he is constantly laying the groundwork and engaging in various industries, he cannot possibly eat up all the sunrise industries and potential companies, and there will always be some that slip through the net.

So he needs a dedicated venture capital company to keep casting the net and catch all these fish that have escaped!

Another thing:

Hong Kong's position is as the central city of Asia, and it must not only influence the whole of Southeast Asia, but also be able to deeply influence the mainland.

Since Hong Kong has identified electronics and high technology as one of the six pillar industries, and Xia Yu is constantly laying the groundwork in the fundamental field of the Internet, then the future development of the Internet industry will want to be at the forefront as much as possible!

The World Financial Centre is Hong Kong's goal, so Hong Kong is fully qualified to become a world-class venture capital centre.

And Hong Kong + the Pearl River Delta is also qualified to be built into the Silicon Valley of the East.

The high-quality development of Hong Kong's education industry also requires a steady stream of new industries.

'Jiuding Capital Group must add another first-tier subsidiary.'

'No, Jiuding Capital Group alone is not enough. You can't put all your eggs in one basket.'

'Jiuzhou Industrial Group should also set up a separate venture capital company. The mainland is the bigger future.'

After a few whispered words, Xia Yu picked up his pen and wrote down his thoughts.

Jiuding Capital!

Jiuzhou Capital!

After writing down the names of the two companies to be registered,

Xia Yu stopped and pondered for a while.

He wrote the word 'Internet' again in heavy strokes.

Then, staring at the word 'Internet', he frowned again and pondered.

Suddenly, his gaze fixed, and he thought of something extremely important.

Without hesitation, he wrote down the four words – 'root server'!

"It seems that the environment for development is indeed lacking, but fortunately I remembered.'

'I just don't know what the current situation is like in this area, I must look it up immediately...'