Limited by the special policy environment of the Chinese market, it is difficult for overseas Internet companies such as Shengtian and Naifei to enter China.


    Until the last two years, with Huizhong and other Chinese Internet companies represented by wechat, Momo and Kuai''an entering the western market, the domestic policy environment has been loosened in order to balance the international outlook, which also gives Huizhong the opportunity to invest in Western Internet companies supported by these top multinational companies.


    If Chinese enterprises go global and what is the biggest chip in the game in the world market, there is no doubt that it is the huge Chinese market.


    Whether it is exporting technology or capital, it may be blocked by foreign governments at the policy level. Only the equal and open market right and the huge Chinese market are the biggest bargaining chips for Chinese enterprises in the overseas game.


    Over the past 30 years, the great historical process of reform and opening up can be seen as the government using this game power to promote the rapid development of China''s economy!


    Huizhong can successively invest in Shengtian and Naifei, which also benefits from this game right and the popularity and influence of wechat all over the world.


    In the previous life, Shengtian was listed on the New York Stock Exchange at the end of 2014. In 2018 before Fang Zhe''s rebirth, its valuation was nearly $30 billion. Such a high valuation also benefited from its good revenue performance. In the past 2012 alone, its revenue was as high as $500 million, and in the previous life, its revenue exceeded $5 billion in 2017.


    However, although the business of Shengtian looks a lot, its profit path is still far away due to the huge copyright expenditure.


    Fang Zhe and Huizhong are willing to invest in soundfield. First, they are optimistic about the long-term performance of soundfield. Second, they hope to strengthen the competitiveness of kugou and KuWo music platforms invested in China in the domestic music industry through cooperation with soundfield and several major record companies behind it.


    In terms of actual business operation, soundfield will not directly enter the Chinese market, but present the most authentic European and American music and other overseas pop music to Chinese audiences through the two platforms of kugou and KuWo.


    In addition, the versions of wechat in many overseas countries will also be connected to soundfield. Since then, wechat users can share and listen to music from soundfield platform directly on wechat. They no longer have to jump to an external web page or app to listen, as in the past.


    As for Naifei, this company is an old foreign online film and television leasing company. It was established in 1997 and was listed in 2002, older than most domestic Internet companies.


    Huizhong spent nearly $500 million to invest in it, which is also to strengthen the layout in the overseas online entertainment territory, but also to introduce more excellent foreign film and television dramas from Naifei into China and enhance the competitiveness of Youku Tudou in the domestic video website industry.


    In addition, there is another important reason for Naifei''s investment that only Fang Zhe, a reborn, knows, that is, Naifei''s share price will grow rapidly in the next few years.


    Now at the beginning of 2013, Naifei''s share price is only more than $20, with a total market value of just over $10 billion. At the peak of five years later, Naifei''s share price will be as high as over $400, with a total market value of more than $150 billion.


    Naifei''s share price will increase nearly 20 times in the next five years. Even if Fang zhe does not consider Huizhong''s overall pan entertainment layout strategy, he will secretly draw a sum of money to invest in the largest demon stock in the United States in the next few years.


    The investment of nearly $500 million will become $10 billion in five years, with a net profit of $9.5 billion. Only Fang Zhe, a reborn, can meet the benefits of making a lot of money in vain.


    Huizhong''s successive layout in the field of music and online film and television has aroused speculation from many peers and competitors at home and abroad.


    Overseas, because soundfield is originally supported by Warner Music, universal and other top record companies in the world, and Naifei is also an old top online film and television company in the United States, most media and public opinion agree that this is a strong alliance, and Huizhong, a Chinese Internet company, takes advantage of its wechat popularity and user advantages in the world, Further gain a firm foothold in the world.


    Of course, many Western media and Internet users who hate China and have always vilified China believe that this is a conspiracy of Chinese Internet companies to control the West.


    It used to be a mobile social software such as wechat, but now it is the internet entertainment consumption fields such as music, film and television. These malicious speculations have been extinguished by Huizhong''s strong public relations ability as early as they just burst out of the flames.


    Similarly, in China, the public opinion of peers and Internet users and the media is also mixed.


    "Huizhong invests in kugou and KuWo, and introduces Shengtian and Naifei. This is to force QQ music and Tencent video to a dead end!"


    "I don''t think it''s forced, but the trend of the times. Haven''t you seen that Alibaba has also begun to acquire many companies, from music to film and television? I think both companies are preparing for listing in order to make the listing larger!"


    "Even in order to go public, I don''t bring such games. I invest in all kinds of purchases. Look at the companies invested by Huizhong during this period. Which one makes money? I checked on the Internet. They are all companies that keep losing money!"


    "Oh, what do you know? Do you think boss Fang''s vision is not as high as yours? Do you know what is online entertainment territory and what is entertainment integration?"


    "I can understand Huizhong''s investment in kugou and KuWo, but what does it do to invest in foreign Shengtian and Naifei, and send money to foreign companies for nothing!"


    "Upstairs, you can''t go abroad with this vision in your life. Huizhong is now a world-class multinational company, and its layout must be global. How much money you invest now will double in the future!"


    "Although I can''t understand what Huizhong is doing now, I still want to say that Huizhong is powerful and domineering, and boss Fang is powerful and domineering!"


    In Shenzhen stock market, Tencent QQ music business department, Ma Zong and the top executives of QQ music are in a gloomy mood. In recent years, Huizhong has been doing business step by step, nibbling at the rivers and mountains laid by Tencent over the past years.


    First, from the core social section, to later games, news, film and television, and then to today''s QQ music, Tencent''s vision of one-stop online entertainment seems to be the ideal that Huizhong is about to realize.


    The mobile Internet era, like a mountain, is pressing on Tencent. Tencent missed this opportunity and is doomed to be more and more difficult in the future.


    "When wechat didn''t get up, I couldn''t sleep well every night, because I felt that Tencent could end at any time. It didn''t mean the problem of a software, but the problem of the outlet of the mobile Internet.


    If you miss this ticket, you may miss the whole mobile Internet, and you may lose the whole Tencent for ten or twenty years, or even have no day to turn over! "In a previous life, the frightening memory of President Ma of Tencent in an interview is now becoming a reality.