This October, the work of Fang Zhe and all employees of Huizhong was not easy. Since Fang zhe announced Huizhong''s full entry into China at the press conference at the end of last month, all departments of Huizhong began to operate at high load. With the upcoming entry of iPhone into China, intense preparations for the domestic launch were lined up every working day.


    Even so, Fang Zhe, who controls the overall situation, still had to fly to Hong Kong on the evening of October 16!


    Fang zhe went to Hong Kong this time to meet someone and do something. The person he wanted to see, named Liang Botao, was a famous investment banker in Hong Kong, and what he wanted to do was to get Jingdong''s shares from him and the investment bank he represented behind him!


    In January this year, JD completed round B financing. The investors include today''s capital, xiongniu capital, Liang Botao and the investment bank behind him, who had invested in JD in round a.


    At that time, Huizhong had just been established for three months, and its core business was in a period of rapid development. There was no spare money to invest in others. Therefore, Fang zhe could only regret to miss investing in Jingdong at that time.


    Now, in order to support the payment business of Huizhong, Fang zhe had to lay out these e-commerce enterprises with massive online payment scenes. The elder Taobao of the electricity supplier industry, Fang zhe did not have to think about it. Unless ma Dad had a bad brain, he would allow Fang Zhe to invest in their home Taobao to run their own home Alipay.


    Therefore, Fang Zhe''s goal can only be put on Jingdong, the second child in the future, and a large number of vertical e-commerce enterprises or o2o companies that have just started or have not been established, including honey bud founded by his sister-in-law, Jumei premium products founded by Chen Ou who has not returned home, Fanke, mushroom street, hungry, meituan and so on.


    Well, in fact, think of these, Fang zhe also felt the black line on his head. People''s horse dad raised a Alipay on a single Taobao. Unfortunately, our zhe was born again, but he had to take out the mosquitoes, which was also the spirit of thrifty and frugality of the meat.


    Therefore, it is very important for Fang Zhe to get Jingdong''s shares as early as possible. Unfortunately, just like the last time he missed investing in YY, YY, who just got the financing, could not have been anxious to sell shares with Huizhong''s money if Lei was not always an angel investor to increase the shareholder''s identity as a lobbyist. Similarly, although the global economy is still depressed, However, JD, which invested US $21 million at the beginning of the year, is not in a hurry to refinance.


    Fang zhe remembers that Jingdong''s round C financing in the previous life was in April of 11 years. At that time, Jingdong had bitten a large market share in the e-commerce industry, stood firm, and showed a posture of being the second best in the e-commerce industry after Taobao.


    Coupled with the recovery of the global capital market, there is another Amazon abroad that is very similar to JD''s model for reference. JD''s round C won a financing of up to $1.5 billion, and its valuation was nearly $5 billion at that time.


    In 2014, JD was listed on NASDAQ with a valuation of US $30 billion. Although there is still a big gap from Alibaba, the e-commerce giant with a valuation of more than US $200 billion when it was later listed, it is indeed the e-commerce giant second only to Alibaba in China.


    Fang zhe naturally can''t wait until 11 years to spend more money to join the fun and invest in Jingdong. At this time, Jingdong''s monthly turnover has just exceeded 500 million, not as much as Huizhong''s monthly revenue, not to mention its gross profit and net profit. Jingdong in its previous life lost money for more than 10 years, and didn''t make hundreds of millions of yuan by playing digital games until 16 years. It has to compare with Huizhong, The crowd dumped him hundreds of blocks away.


    Therefore, in the current capital market, JD''s valuation is not high, only about US $100 million to US $200 million. Whether in terms of capital or investment timing, now is the best time for Huizhong to invest in JD!


    JD is not short of money, so it can only make an issue from its shareholders and pursue profits with capital. Just like Fang zhe bought YY''s shares at a premium from YY''s minority shareholders last time, as long as the money is appropriate, President Liu is willing to sell JD to Fang Zhe.


    However, Fang zhe will not be a fool. It''s enough to get the shares and let me layout the payment business. Do you still want me to buy you and bear tens of billions of annual losses for you in the future? Good idea!


    Fang Zhe and Huizhong selected Liang Botao and the investment bank behind him.


    Leung Po Tao is over 50 years old this year, older than Fang Zhe and his father Fang Jinsong. Although he has no reputation in the mainland, he is very famous in the investment circle in Hong Kong. Especially in 2006, he bought PCCW under the name of Li xiaosuperman, which was the first company to invest in Tencent, and later sold 20% of Tencent shares to MIH in South Africa, Although the acquisition failed in the end, it also made him famous.


    Previously, Fang zhe had sent people to contact several shareholders of JD. Among them, Liang Botao showed that everything was easy to discuss.


    This is not what Fang zhe expected. Compared with today''s capital, Sequoia Capital, these overseas international capital, basically wait until the enterprise EF round or listing before they choose to exit. Many Hong Kong investment funds in the mainland have more conservative investment methods. As long as the price is appropriate, they can exit early or not late.


    After all, the higher the risk in the future, the fewer the takers. Just like PCCW, which invested in Tencent and quit under the name of little Superman before long, it made several times the profits. This is also one of the reasons why Internet enterprises like bat in the mainland have many foreign shareholders and few Hong Kong shareholders.


    At 22:02 p.m. on the 16th, Fang Zhe and several executives of Huizhong investment department landed at Hong Kong International Airport.


    This is Fang Zhe''s first visit to Hong Kong. Before that, the people of Huizhong investment department had preliminary contact and negotiation with Liang Botao. The other party had promised to transfer 9% of JD at the price of more than twice as much as US $20 million.


    According to their investment valuation in January, JD''s valuation is US $150 million. Now it''s reasonable for them to double the price in the past half a year. However, Liang Botao has a condition that he hopes to meet Fang Zhe, the big boss behind Huizhong. As long as Fang zhe meets them, the transaction will be concluded!


    Fang zhe casually pondered over the other party''s condition and guessed what the other party meant. To say which Internet company in the mainland is the most popular now, it is not JD or even bat, but Huizhong, a start-up company that has only been established for one year.


    In particular, the achievements made by Huizhong overseas have sharpened the heads of a group of venture capital institutions from Hong Kong to the world. They want to invest in Huizhong or have something to do with Huizhong. It is obviously the same with Liang Botao and the investment bank behind him.


    Fang zhe rejected the idea that Leung Po Tao wanted to visit in person. Instead, he came to Hong Kong to meet Leung Po Tao in person, which was enough to give each other face.


    Another reason why Fang zhe came to Hong Kong in person is that Fang zhe has never been to Hong Kong. He just took this opportunity to stroll around Hong Kong. At the same time, he took this opportunity to get in touch with the investment circle in Hong Kong. Maybe he can use them whenever he wants.