In October, the world's largest search engine company, Google, announced the acquisition of YouTube for $1.68 billion US Dollars.
Golden Shell Investments, which owns 18% of YouTube shares, voted in favor of the acquisition and subsequently received 1.26% of Google shares, valued at approximately $302.4 million US Dollars.
Golden Shell Asset Management Company invested $21 million US Dollars in YouTube over the past two years for software development.
In less than a year, this investment has multiplied more than tenfold, turning into over $300 million US Dollars, bringing Hong Kong Island's Golden Shell Asset Management Company into the spotlight of the capital market.
Currently, the Hong Kong Island Asset Management Company owns assets including 4.92% of Tencent shares, 30% of JD.com shares, 0.88% of Amazon shares, 15% of Facebook, 1.26% of Google shares, with a total market value of about $800 million US Dollars.
