Zhang Yida smiled and said: "Now it is different from the 1990s. At that time, the listing of "China Tire Company" on the New York Stock Exchange in the United States was a big sensation.
It represents that my country is moving towards reform and opening up, and the planned economy is moving towards a market economy.
At that time, Americans were extremely looking forward to the huge market behind China.”
"It's not too late! Chinese concept stocks are so popular in the United States! Internet finance is an emerging field, and there is room to enjoy high premiums."
After hearing this, Zhang Yida shook his head repeatedly and said: "The regulatory policy of Internet finance in China has always been unclear, and the ambiguous attitude of regulatory agencies has made Wall Street investment institutions always have doubts about China's Internet finance industry.
If they don’t enter the market, the stock price will never rise.”
"So, you came to Southeast Asia to look for new opportunities?"
Huang Hongnian knew everything, and his eyes revealed the unique shrewdness of a businessman.
"That's right! You have to leave yourself a way out! It's also about diversifying investment risks."
Zhang Yida was very honest. He picked up the wine glass and clinked it with Huang Hongnian, then took a sip of the red wine in the goblet.
"This red wine is boring." Huang Hongnian turned to look at Huang Xiwen and said, "Xiwen, go get a piece of Maotai."
Huang Xiwen stood up, said "Okay", and then went to the next room to get drinks.
Huang Zhiyuan looked at his second brother, Huang Hongnian, and said: "Hongnian, it's rare to see you so happy. But you are not young anymore, so you should drink less."
Then Huang Zhiyuan said to Zhang Yida: "My second brother is like this. He likes to make friends, loves to drink, and has a chivalrous spirit."
Zhang Yida nodded slightly and said, "I have benefited a lot from being able to listen to Mr. Huang Hongnian's legendary story tonight."
"I can't do those details." Huang Hongnian looked at Zhang Yida with great interest and said, "But I admire Mr. Zhang very much.
At a young age, Internet finance has spread to Southeast Asia, Japan, South Korea, and India; short video and shared travel have even spread to the United States.
I heard from some friends in Silicon Valley that the Green scooter belongs to you too, right?"
Zhang Yida nodded in recognition. Green scooters' "occupation" of Silicon Valley has indeed raised the reputation of Huimin Travel Group to a higher level.
Various partners and business tycoons all mentioned Green or Huimin Travel in front of Zhang Yida.
After Huang Xiwen brought the Maotai wine, Zhang Yida took a look at it and realized that it was a special supply. The Huang family has a deep foundation in the mainland!
The servant replaced the goblet on the table with a wonton cup used for drinking white wine in China. Huang Xiwen poured a full cup for Huang Hongnian. The latter smelled it and said with a smile:
"My favorite drink is Maotai. Other foreign wines always feel they lack some flavor."
Huang Xiwen politely asked Zhang Yida to pour wine. Zhang Yida smiled and said, "I can do it myself."
"It's okay, you are a guest, how can you let the guest do it yourself?"
Zhang Yida thanked him repeatedly, and at the same time lamented that these Chinese tycoon children in Southeast Asia are all humble and polite, and are much better than the second generation in China.
Perhaps it was the first generation of founders who started their business in a foreign country and had a stronger sense of urgency!
Even wealthy second-generation people like Huang Hongnian were thrown back to China and went to the countryside to become educated youths.
“Have you ever considered acquiring foreign Internet financial companies?”
Perhaps unwilling to give up, Huang Hongnian drank two glasses of wine and began to ask Zhang Yida again.
"Yes! In addition to joint ventures or equity investments overseas, we will also consider acquiring some suitable targets."
Huang Hongnian's eyes lit up and he asked: "Which company have you chosen? Is there anything you need help with?"
Zhang Yida thought about it for a while, and decided to let him know a little bit, and said to Huang Hongnian: "Banks, insurance, and securities are all fine. I haven't found a suitable target yet. If Mr. Huang has a suitable target, I can recommend him."
"I'll take care of this. I will definitely recommend a few satisfactory partners to you."
"Okay, thank you very much, Mr. Huang."
After saying that, Zhang Yida picked up the wine glass again and said, "Come on, Mr. Huang, let me toast you."
"Mr. Zhang, is that Green scooter also launched by your company?"
Huang Feixi, the eldest granddaughter of the fourth generation eldest son and sitting on one side of the dining table, asked aloud.
Before Zhang Yida could speak, her brother-in-law Huang Xiwen replied: "Yes, Green scooters are a sub-brand of Huimin Travel Group. In mainland China, Huimin Travel Group has 7 million shared bicycles."
Upon hearing that there were 7 million shared bicycles, the female relatives sitting at the table all exclaimed:
"Seven million bicycles? How do you manage this?"
"A bicycle costs 200 yuan, so it should be 1.4 billion yuan, right?"
Zhang Yida explained: “We have a mobile APP that can scan QR codes to unlock shared bicycles placed in the city.
In addition, offline, there is a dispatch team of tens of thousands of people responsible for the delivery, transportation and maintenance of shared bicycles in each city."
"Why not put shared bicycles in the United States instead of shared scooters?" Huang Weixi asked again.
"Cultures are different. Europeans and Americans prefer scooters."
Huang Weixi nodded and said: "I would like to ask Mr. Zhang for advice. You are an Internet giant. I just graduated this year and want to start a business. Can you give me some advice?"
Huang Zhiyuan interrupted: "You are a girl who has just graduated. What kind of business can you start? You should practice at home for two years before talking about starting a business!"
Huang Xixi pouted at Huang Zhiyuan and said coquettishly: "Grandpa, I just want to do what I like. My third uncle has started his own business, why can't I?"
When Huang Xiwen saw that his niece had brought the flames of war to him, he said: "Pei Xi, your third uncle and I worked for the Sinar Mas Group for seven or eight years before starting my own business.
You just graduated and have no management experience, so I’m afraid you’re not very suitable.”
Seeing Huang Xixi looking at him pitifully, Huang Xiwen softened his heart and said with a smile: "However, it is always a good thing to want to start a business, be independent and self-reliant.
I think we should support it!”
"Children are always making fools of themselves all day long." Huang Zhiyuan glared at Huang Xiwen again and said, "You are also making fun of me."
"I don't want your investment. According to the family trust plan set up by my great-grandfather, after I obtain my college degree, I can receive a trust fund of US$500,000 every year."
Huang Weixi said angrily.
It was difficult for an outsider to interrupt Zhang Yida, so Huang Hongnian stepped forward to speak for his grandniece. He looked at Huang Zhiyuan and said: "Brother, since Pei Xi wants to try starting a business, just let her try.
Let her endure hardships and experience the hardships of starting a business. Even if she doesn't succeed in the end, she has been trained and it won't be too late to work at Sinar Mas Group again!"
Seeing that his second brother had said this, and worried about the presence of an outsider like Zhang Yida, Huang Zhiyuan sighed and said: "That's all, if you want to make trouble, you can go ahead!
Let’s talk first, don’t cry if you lose money. I will also ask your parents to cut off your financial resources.
You go out and work hard on your own, I want to see how long you can hold on."
Huang Weixi said unconvinced: "Don't look down on others. When I was studying at Stanford, I also interned at McKinsey Consulting."
Zhang Yida secretly thought, he is worthy of being the fourth generation of the rich, with famous schools and famous companies. To enter such schools and companies, one must have strong abilities or a good family background.
"Haha, it's not as simple as you think." Huang Zhiyuan turned to look at Zhang Yida and said, "Then please give me some advice from Mr. Zhang!"
"I don't want to take the advice seriously. Let me simply tell you my opinion."
Zhang Yida was modest and said: "My suggestions are three Internet entrepreneurial directions: e-commerce, financial technology, and online medical care.
Needless to say, e-commerce and financial technology are already very popular in Indonesia. I will mainly talk about online medical care.
Indonesia is the largest economy in Southeast Asia and ASEAN. As the leader of ASEAN, Indonesia's current economy maintains steady growth and its population exceeds 260 million, making it the fourth most populous country in the world.
According to World Bank predictions, the number of people over 65 years old in Indonesia will reach more than 21 million by 2025, and the elderly population over 65 years old will account for about 10% of the total population, making it one of the fastest aging countries in Asia.
This will have a huge impact on the economic and social levels, especially in the field of health care, so the health care market has huge potential and this industry will provide excellent entrepreneurial opportunities.
At the same time, due to the uneven distribution of medical services in Indonesia, medical conditions in rural areas and remote islands are seriously lagging behind.
In order to include more people in the medical insurance system, Indonesia began to formally build a universal health insurance plan in January 2014. The World Bank estimates that the universal health insurance plan will cost US$13 billion to US$16 billion per year.
Ms. Huang, if you create an APP with telemedicine, doctor appointments, medical content and health insurance services, it should be very popular."
Huang Weixi studied at Stanford, and because she is close to Silicon Valley, she obviously knows something about the Internet. She frowned and asked: "Isn't it difficult for this kind of website to make money?"
"Selling medicines, advertising, and insurance, as long as there are enough users, profits will be made sooner or later."
Huang Feixi remained silent and kept thinking.
Huang Zhiyuan spoke and said: "Sinar Mas Group also has hospitals and insurance companies, which can be combined with the group's business."
Zhang Yida said with a smile: "That would be the best. There is not much technical difficulty. The main thing is that a large number of doctors need to be stationed in this online medical platform to conduct online consultations."
If you do this, you are tampering with the big public hospitals, and you may face some resistance."
Zhang Yida first inoculates them. One reason is that it is difficult for online medical platforms to make profits. The other reason is that they have to have some conflicts with public hospitals, competing for doctors and patients.
Therefore, Zhang Yida, a Chinese, was not suitable for building an online medical platform in Indonesia, so he just gave this entrepreneurial idea to the Huang family as a favor.
"Pei Xi, why don't you say anything? Are you giving up?" Huang Zhiyuan teased his granddaughter.
"Just do it, I'm just thinking about how to launch this entrepreneurial project."
Huang Feixi raised his head and said without any sign of weakness.
"The four core points are technology, products, doctors, and patients. First build a good technology platform, and realize commercial monetization through online consultation and medical content drainage, drug e-commerce and medical insurance."
Zhang Yida gave some more pointers.
"Thank you Mr. Zhang, I now have a general idea."
Huang Feixi smiled at Zhang Yida, then turned to look at his grandfather and said: "Then my $500,000 is not enough, you have to invest some money in me."
"Isn't there an investor in front of you?" Huang Zhiyuan turned his attention to Zhang Yida.
"In this way, Ms. Huang, once your platform is set up and the doctors settle in, Ruixiang can invest a round of A financing for you."
Zhang Yida has just received US$100 million from others, so he still needs to show something. Similarly, Zhang Yida is also relatively optimistic about the online medical field. It is normal for one or two unicorns to be born.
After the dinner, Huang Hongnian took Zhang Yida aside and chatted privately for a long time, asking about the details of the acquisition.
Seeing that he was so interested, Zhang Yida told him the specific goal.
"Indonesian banks, Hong Kong insurance companies, and Hong Kong securities companies, I want these three types of companies."
Huang Hongnian looked excited, this is a big deal!