The greatest feature of conglomerates is their mature financial operations!
The market value of each conglomerate is only a reference and does not hold much practical significance.
That is because the estimated value represented by this market capitalization does not come from how much movable and immovable property the conglomerate owns, but from the shareholders' expectations and recognition of the conglomerate's future.
It was like how Blackstone Bank's deposits had little to do with its market value. In the purely financial realm, the value of a financial product itself was the least important—and the least interesting—thing.
A stone could sell for a million, let alone all those companies.
As an apology, Frank gave Lin Qi two small companies, the inconspicuous sort.
At first glance, the two small companies did not seem very valuable—perhaps two or three million—but in reality, as long as Lin Qi was ruthless enough, he could easily turn them into seven or eight million, ten or twenty million, or even more!
All he had to do was turn them from companies into financial products! With sound operations and financial reports, plus Lin Qi's capital injection and listing, doubling or tripling their value in a few days would be no problem at all.
If he pushed out some favorable news as well, perhaps multiplying their value fivefold or tenfold would not be impossible! The same applied to Jerry & Dice Group's market value. The market values of its many subsidiaries piled up to form the conglomerate's financial worth.
To defeat such a large conglomerate, the first thing to do was make its financial value plummet! Overnight, these people had raised 1.1 billion for Lin Qi. It could be said that Lin Qi had basically squeezed them dry.
He would use this money to target Jerry & Dice Group,