Chapter 1027 – Wind and Rain Games start operation
Three days later, Feng Yu attended the opening ceremony of Wind and Rain Games Holding in Hong Kong . Many Hong Kong tycoons attended the ceremony .
Many people were confused . From the company’s name, it should be a game company, and why are all the tycoons attending the opening ceremony?
The tycoons were there personally, and this is different from sending congratulatory flower stands .
Hong Kong’s reporters and reporters for foreign media immediately rushed there to cover the story . It’s rare for so many tycoons to gather in one place .
Many people are asking around about who is the owner of this company .
They found out this Wind and Rain Games belongs to Wind and Rain Holdings Corporation and has three subsidiaries . Two subsidiaries are in South Korean, and one is in Beijing . They also heard that this company is trying to acquire a US game company, Blizzard .
Someone guessed this Wind and Rain Holdings belongs to Feng Yu, or Feng Yu has a stake in it because Wind and Rain Consultancy is one of the subsidiaries of Wind and Rain Holdings .
Some foreign media reporters found out that Feng Yu had set up two holding companies and had restructured all his assets .
The reporters found out all of Feng Yu’s assets in China had been transferred to a company called Tai Hua Holding Corporation, and his overseas assets were all transferred to this Wind and Rain Holding Corporation .
Any of these two holding companies is worth more than 10 billion USD and can be considered a significant conglomerate . More importantly, these two companies belong to the same person .
“Nephew Feng, you are entering the gaming industry?! The gaming industry is on a decline now, and gaming console’s sales are dropping . ” Fu Rongqi had come to congratulate Feng Yu .
Superman Li is in Canada, but he asked his two sons to represent him . This had shocked the media, as sending his sons over for this ceremony is showing high respect for Feng Yu .
Although Feng Yu is Asia’s Wealthiest man, when it comes to status and influence, many people still think Superman Li is ranked higher than Feng Yu . In Asia, there is another person who is ranked higher than Feng Yu, and he is the head of Samsung Group .
Superman Li owns a lot of ports around the world and has lots of investments . He is also one of the leaders in China and has political backings .
The head of Samsung is the same . Not only is he rich, but he also has the authority and can influence South Korea’s politics .
Compared to them, Feng Yu is only wealthy . Even Bill Gates is not considered influential as he did not even make it into 100 most influential people in the world . He is only ranked 11th!
Superman Li is ranked 9th on this year’s 100 most influential people in the world!
“Uncle Fu, I think the gaming industry has high potential . The traditional arcade and console games are declining, but PC games will rise and will replace these games in the future . ”
Fu Rongqi laughed and did not continue . He patted Feng Yu on his shoulders before walking away . It’s been years since he played video games, and he does not know much about this industry .
Many reporters had taken pictures of Fu Rongqi chatting with Feng Yu at the entrance . The rumors of Feng Yu being close with the Fu Family are true . Not only the head of the Fu Family is here, the leader of the Fu Family’s second generation, Fu Guangzheng, is here .
“Brother Feng, you are so influential . This is just a game company, and almost half of Hong Kong’s tycoons are here to congratulate you . ” Fu Guangzheng said .
“Just a game company?! Seems like you also don’t believe the gaming industry has potential . ”
“I believe games are profitable . But it should not be easy for it to make high profits . You will have to compete with Nintendo, Sony, Sega, etc . Even without these world-renowned companies, you still have to compete with thousands of arcade games companies . It will be hard to stand out among them and need high investments . ”
Feng Yu’s businesses were mostly in China and had used the strategy of introducing new and better products .
But the game industry is currently on the decline, and there are many competitors around domestically and overseas . Even Fu Guangzheng thinks Feng Yu’s success will not be great .
Fu Guangzheng believes Feng Yu will not fail because Feng Yu had never failed before . But the profits of some Feng Yu’s businesses are not high .
That’s why Fu Guangzheng did not tell Feng Yu he wants to invest in this business when Feng Yu did not invite him .
“Hahaha… our positions and future developments are different, and I will step all over them in the future!” Feng Yu said .
Feng Yu has the ideas and concepts for his games, funds to develop and market them, and a strong team of developers . With all these advantages and he still fails, it will be a waste of his rebirth!
Even if Feng Yu is not someone from the future, his high investment in the video game industry will also do well .
What others do not know is that Feng Yu has a strong partner for his gaming business .
“Ballmer, you are here . ”
Steve Ballmer, Microsoft Asia’s President, and also Microsoft’s future CEO, is representing Microsoft to congratulate the opening of Wind and Rain Games .
The reporters start snapping pictures of them like crazy . There were rumors that Feng Yu is on bad terms with Microsoft’s management team and was almost kicked out of the board several times . Also, Feng Yu’s relationship with Paul Allen is not a secret .
So, is Steve Ballmer representing himself or Microsoft today? If he is representing Microsoft, there means all those rumors are fake .
Steve Ballmer is representing Microsoft because Microsoft is working with Wind and Rain electronics to develop their second-generation video game console, Xbox . They will buy the rights of some games under Wind and Rain Games and also ask Wind and Rain Games to develop games suitable for Xbox .
Although Paul Allen tried to object to this cooperation, this game console requires the DVD technologies to run the games .
Wind and Rain Electronics has the highest standard of DVD technologies, and Feng Yu can help to bring Xbox into the Chinese market . This will greatly increase Xbox’s sales . Furthermore, Feng Yu also owns lots of games related technologies .
Feng Yu stood outside to receive the guests for a while longer before going inside . Most of the guest there does not require him to receive outside of the venue . Even Kameda Masao did not receive the guests himself . Instead, he asked Wind and Rain Games CEO Lin Tianming to receive them . Lin Tianming is a professional manager from Hong Kong .
After all the guests entered the venue, Kameda Masao walks up the stage…
Translator’s notes:
Li KShing
If you find any errors ( broken links, non-standard content, etc . . ), Please let us know so we can fix it as soon as possible .
Tip: You can use left, right, A and D keyboard keys to browse between chapters .
Please download our sponsor's game to support us!