Chapter 432 The Richest Man
After returning home, He Zhongqiu indulged himself and had a good swim.

Tang Yan and Bai Bingbing did not take any measures. They both thought clearly that giving He Zhongqiu a child as soon as possible would make their position more stable.

“Hubby, Sister Xue, this is an Apple phone.”

After swimming, Tang Yan took the two mobile phones.

He Zhongqiu took it and played with it for a while. He felt good about it and asked Yang Xue: “Sister Xue, are there many mobile phone manufacturers in China now? What technologies do they use? How big is the gap with this one?”

Yang Xue said: “The domestic mobile phones are mainly counterfeit, and they don’t have much technology. It may be that Huawei Company has invested money to develop its own technology.”

“The Shanzhai mobile phone industry started to develop in Shenzhen in 03, relying on Huaqiangbei, the largest electronics industry core in China. In 05, MediaTek launched a turnkey solution, which accelerated the development of Shansai mobile phones in China.”

“Don’t you have your own technology? Then you can only serve the low-end market.”

He Zhongqiu was playing with his Apple computer and said, “I don’t know how the market is going for this thing. Nokia is the world’s largest player now. Can Apple compete with Nokia?”

Tang Yan immediately said, “Hubby, Apple computers have been on the market for three months, and the demand is outstripping the supply. Now Apple’s stock is skyrocketing.

Last time you said I could buy some, I bought $200,000 and made $400,000. Bingbing is the same, hehe!”

He Zhongqiu was startled and asked, “That means the sales volume is booming, how about Nokia?”

Yang Xue said: “Looking at the current situation, the mobile phone market may usher in an epoch-making change. The future of Nokia mobile phones is hard to predict.”

“Unfortunately, the research and development funds for this thing are very high, and we are not qualified to invest now.” He Zhongqiu said with some regret.

“How about, Sanjin, why don’t we create a copycat brand? When we have enough money, we can invest in technological research and development?” Yang Xue said.

“Honey, we can help.”

“Yes!”

Tang Yan and Bai Bingbing immediately became interested and looked at He Zhongqiu.

He Zhongqiu said: “I have no money now anyway. It is impossible for the martial arts school to distribute dividends immediately after it goes public. The same is true for domestic film companies after they go public.”

“Let’s talk about it later. The future market for smart phones like Apple still needs to be observed.” Yang Xue nodded.

Tang Yan and Bai Bingbing were a little disappointed, but there was nothing they could do.

At noon the next day, He Zhongqiu’s family of six attended the Dolan family’s party.

Scott Layden, as well as head coach Rick Carlisle, also joined the party and brought along the roster.

Alonso retired, Tyronn Lue left as a free agent, Josh Howard signed and then traded to the Mavericks, and Nash was traded to the Suns.

The rest of last season’s championship team includes him, Battier, David Lee, Millsap, Raja Bell, Ariza and Crawford.

There are seven people in total, and the rest of the lineup has been filled.

Josh Howard traded an unprotected first-round pick in 08, a second-round pick in 07, and swingman Devin George.

Nash was traded for an unprotected first-round pick in 07 and defensive center Kurt Thomas.

The 16th pick in the first round was obtained from the Suns, and forward Wilson Chandler was selected.

Then they signed and traded the Knicks’ 07 first-round pick and second-round pick signing rights to the Bulls for their 04 second-round pick, Chris Duhon, the Bulls’ backup point guard.

In addition, they snatched Billups from the Pistons with a five-year, $5 million contract.

Rick Carlisle’s proposed starting lineup includes He Zhongqiu, Millsap, Battier, Raja Bell, and Billups.

Inside substitutes: David Lee, Kurt Thomas, Wilson Chandler.

Outside substitutes: Ariza, Devin George, Jamal Crawford, Chris Duhon.

The roster of twelve players, plus the marginal players, is now full of fifteen players. This lineup still has a very strong ability to win the championship.

Judging from this list, He Zhongqiu feels that James Dolan is still very sincere towards him.

He did not deliberately put together a lineup without strength just because he might retire after winning five consecutive championships.

Carlisle said: “Kidd wants to come, but his contract is too big. Billups is still strong and has a better cost-effectiveness.”

“Biups is not bad either.” He Zhongqiu nodded.

After discussing the lineup, James Dolan couldn’t help but ask, “Wolverine, if you win another championship, do you really have to retire?”

He Zhongqiu nodded without hesitation and said, “Yes, James.”

“What a shame!” Dolan sighed.

Scott Layden said at this time: “If Wolverine retires, Mr. David Stern should be disappointed and fortunate at the same time.”

Dolan snorted coldly: “He just wants to strike a balance and doesn’t want to see the Knicks continue to win championships?”

Leiden nodded and then introduced the situation to He Zhongqiu.

For example, the draft was a big year this year, with the top pick being center Greg Oden, who was selected by the Trail Blazers.

The second pick was Kevin Durant, selected by the SuperSonics.

Layden went on to say: “Wolverine, Garnett and Ray Allen were all traded to the Celtics, forming a Big Three with Paul Pierce, and the lineup is not weak.”

Then he added: “In the new season, the Eastern Conference is only Celtics, Cavaliers and Magic are one level lower. Without Billups, the Pistons will definitely collapse.”

“The Lakers are still the favorites in the West, right?” He Zhongqiu asked.

Layden nodded and said, “Yes, the New Orleans Hornets have also improved in strength. The Spurs and the Jazz should all be at the same level.” Rick Carlisle said, “The overall strength is that the East is weak and the West is strong. But we, the Knicks, believe that we are still a unique team.”

He Zhongqiu then invited James Dolan to attend the listing bell ringing ceremony of He’s Martial Arts School tomorrow, and Dolan readily agreed.

James Dolan is very optimistic about the future of He’s Martial Arts School. He has obtained 200 million shares through the underwriter of He’s Martial Arts School and is a small shareholder of the school.

October 2007, 10, the day when He’s Martial Arts School went public.

He Zhongqiu is very happy that his first listed company will be officially listed and he will become a billionaire with a net worth of tens of billions of dollars.

Before the market opened, he and Yang Xue brought He Xue, He Yang, Tang Yan and Bai Bingbing to the stock exchange.

Then at 9:25, he and James Dolan, president of underwriter Cartoon Company, completed the bell ringing ceremony.

During the call auction, buying orders from He’s Martial Arts School continued to pour in, and the bidding price rose all the way from the listing price of US$8.33.

After the opening, He’s Martial Arts School opened higher and the opening price reached US$9.05, up US$0.72, an increase of 8.6%.

“cheers.”

The stock price did not fall below the issue price and the opening was very successful. He Zhongqiu and others were so happy that they raised their glasses to celebrate.

Based on the opening price of US$9 and a total share capital of 32 billion shares, the market value of He’s Martial Arts School reached US$288 billion, with a secondary market circulating market value of US$72 billion.

Of course, the funds raised by He’s Martial Arts School through the listing were 66 billion US dollars. Excluding various listing expenses, the actual funds received were more than 61 billion US dollars.

This money will be used to continue opening branches.

Next, supported by a large amount of buying, the stock price continued to rise. At 11.25 p.m., the closing price of He’s Martial Arts School reached US$35, with an increase of 8% on the opening day. The turnover rate was % of the circulating shares, which was not high.

Based on the closing price, the company’s market value reached US$360 billion.

The company’s valuation before its IPO was US$20 billion. It raised US$61 billion after its IPO, with net assets of US$81 billion, net assets per share of US$2.53, and a price-to-book ratio of 4.45 times, which is within the reasonable range of 3 to 10 times.

From the perspective of price-to-book ratio analysis, there is little investment value when it is higher than 10 times. Therefore, according to the analysis of major stock review agencies, the shares of He’s Martial Arts School will no longer have investment value when it is higher than US$25, and can be held below US$25.

“The He’s Martial Arts School has been successfully listed, and Wolverine owns 67.5% of the shares. This listed company alone has a net worth of $243 billion.”

“According to relevant statistics, Wolverine’s current asset size has reached 270 billion US dollars, with very little debt and a very high net asset ratio.”

“Wolverine’s current assets have surpassed the 2006 billion US dollars of Hong Kong’s Li Jiacheng, the tenth richest man in the world in 220, and he has become the richest man in China.”

“Wolverine started his own business from scratch in just five years and established the world’s largest martial arts school. He has become one of the most successful entrepreneurs in the world and will be among the top ten richest people in the world in 2007.”

“According to current information, Wolverine’s Mid-Autumn Film Company in the United States may go public next year or the year after, and his He’s Film Company in China will go public next year. The He’s Sporting Goods Company, which has just launched its products, has great development potential. His assets will continue to grow at a high speed in the next decade.”

The next day, the Wall Street Journal conducted a detailed analysis of He Zhongqiu’s wealth.

“Fuck, are you exposing all my past secrets?”

“But now I am so poor that I only have enough money to pay taxes. I can’t even take out 200 million or 300 million US dollars in cash.”

“I won’t have time to make movies or fight in the next year. I can only collect a little advertising endorsement fee. I’m so poor!”

Flipping through the Wall Street Journal, He Zhongqiu felt that the day of leaving the United States was getting closer.

According to the nature of Americans, the more successful he is in the United States, the greater the opposition he will encounter, and the more people will target him.

Fortunately, his influence has further increased with the success of track and field sports. Even the US government will have to think carefully before dealing with him.

He owns 21.6 billion shares of He’s Martial Arts School, and plans to cash out part of them when they enter the secondary market in two years.

According to the practice of wealthy Americans, he will set up a family charitable foundation to manage his personal assets and use them for investment and tax avoidance.

For example, you can donate your personal assets in the United States to your own charitable foundation. It’s just like handing it over from your left hand to your right hand, and you don’t have to pay any taxes. How great is that.

However, he is not an American, and this approach also has great disadvantages and is not the wisest choice.

On the 7th, Yang Xue returned to China with her two children.

The listing of He’s Film Company is almost done, and it will be listed on the A-share market in March. In addition, there are many things to do at He’s Supplies Company, and overseas sales are about to begin, so she has to go back to keep an eye on it.

He Zhongqiu stayed in the United States for track and field training and did not plan to participate in the NBA preseason which was about to begin.

After seeing Yang Xue off, he went to the Knicks’ training base, met with his teammates and encouraged them.

Since he returned to New York, the media has begun to conduct various analyses.

The New York Times reported this in a large article in its sports section: “Comprehensively comparing the strength of the NBA teams in the new season, the championship-level teams are the Lakers, Spurs, Celtics, and Knicks.”

“The Knicks’ lineup has changed a lot, the Celtics’ lineup is completely new, and the Lakers and Spurs’ lineups are stable.”

“But we are still optimistic that the Knicks with Wolverine will continue to win championships, and if they really win five consecutive championships, there will be serious consequences.”

“The consequence is that Wolverine will choose to retire from the NBA because he is invincible and has no opponents worthy of a fight.”

“We believe this will be the Wolverines’ last season in the NBA.”

“This is Wolverine’s farewell season!”

Regardless of the impact of the New York Times’ analysis on other cities, it caused a huge stir in New York City.

A large number of fans came to Madison Square Garden, the Spock Building where the training base is located, and He Zhongqiu’s villa to try to keep him.

(End of this chapter)