Li Zeju was weighing the pros and cons, but Li Dong didn't have time to think about it.
His main goal was to resume the trading of Tencent.
Compared with the resumption plan, as long as Tencent's share price rose a little, he would be able to earn back billions from the acquisition of Baijia. There was no need to be so troublesome.
As for Li Zeju's plan to stop Tencent's resumption plan, Li Dong didn't care too much.
It was true that Changjiang was powerful, but this time, there were many shareholders participating in Tencent. Some international investment banks were also involved.
Once Changjiang attacked Tencent at this time, it would offend a lot of people.
This was especially so for the people in the distance. That was the real fight to the death.
Since Li Dong's rise, he had always maintained an extremely strong attitude. Would Changjiang dare to fight with him?
As for Li Dong, outsiders thought that he might not dare, but in fact, Li Dong really dared.
Maybe it was not long enough, or maybe it was because he was reborn, he always felt that these things might not be his in the end. In fact, Li Dong didn't care about these things as much as others thought.
If he really cared and valued it, he should settle down in order to build a century-old enterprise, instead of continuing to expand.
Li Dong's expansion now was actually a gamble.
As a reborn, his gambling nature was actually greater than that of a real entrepreneur.
…
Xiangjiang Airport.
As soon as Li Dong left the airport, countless media surrounded him.
As the world's richest man and the biggest resumption plan of the Xiangjiang stock market, it was about to start here. At this time, knowing that Li Dong was coming to Xiangjiang, it naturally attracted all kinds of media.
Xiangjiang's paparazzi were very famous. Of course, Li Dong was not a star, so these media reporters didn't dare to treat Li Dong like a star, and they didn't dare to pester him.
Compared to the mainland, Xiangjiang's media was indeed more daring.
As soon as Li Dong stopped, a reporter asked in Mandarin with a Hong Kong and Taiwanese accent, "Mr. Li, this time, the Tencent's resumption price is set between 45-50 Hong Kong dollars. This price is more than double of Tencent's previous price! Do you think that Far away Tencent can really bring such a big return to investors after the restructuring? "
Li Dong smiled faintly and said, "Why not? In my opinion, the New Tencent Group, after integrating the resources Far away, is more than twice as strong as before! Tencent had to face fierce competition from us before, and their industries were not diversified enough. But now, we have made up for all the shortcomings of the Tencent. In addition, our mobile IM software, WeChat, is also affecting all mobile users at an unimaginable speed. Is 50 HKD too much? "
"But now, some industry experts are predicting that the price of Tencent's resumption is too high, and it may fall below the issue price on the day of resumption …"
As soon as he said that, Li Dong's face darkened and he sneered, "Which expert said that? Don't worry, I'm not looking for trouble. Tell me the name. I'm waiting to slap their faces! If the Tencent's share price rises by less than 20% on the day of resumption, I, Li Dong, will personally invite that expert to be our chief consultant for Far away. So what if I give him 1 billion a year?! "
"Cough … cough … cough …"
Many reporters could not help but cough. Hsu Shengzhe, who was following behind Li Dong, was also speechless.
Is it worth it?
This kind of expert's words were a cliche, but Li Dong actually took it seriously.
Also, is it appropriate to say this in front of the media now?
Is Li Dong not afraid of slapping his own face when the price rises by 20% on the day of the listing?
Now, the highest price range is 50 HKD, which means if the closing price is lower than 60 HKD, Li Dong will lose his face.
Why is Li Dong so confident that Tencent's market value will reach 360 billion HKD on the day of the listing?
Currently, the total market value of the Hong Kong stock market is only a few trillion HKD, and there are hundreds of companies listed in the Hong Kong stock market.
Currently, China's mobile, China Construction Bank, ICBC, etc. are the top companies in the Hong Kong stock market.
Among the top 10 companies in terms of market value, Changjiang and Huang occupy one spot each. These two companies' market value is more than 500 billion HKD. But Changjiang, which is ranked 10th, is only worth 250 billion HKD.
If Tencent's market value exceeds 360 billion HKD on the day of the listing, then Tencent will enter the top 10. Not only the top 10, but it will also be ranked 7th.
When that happens, Changjiang will be pushed down to the 10th position.
A Tencent's market value had exceeded Changjiang? Does an Internet company really have such a high potential?
At this moment, everyone is still doubting Feng Yu.
If Tencent's market value exceeds 200 billion HKD or even 250 billion HKD, everyone thinks it is possible.
But 360 billion HKD? Is it possible?
Li Dong does not care if the reporters believe him or not. He walked towards the cars in front of the entrance and continued. "Now, the global economy is recovering, and IT is a rising industry. Is 360 billion HKD really a lot? In my opinion, it won't be long before Hong Kong dollars will be converted to USD … "
Fine. The reporters do not want to continue asking.
Li Dong is bragging more and more. 360 billion USD. What else can they say?
In 2009, the impact of the global financial crisis is still not over.
Compared to 2008, many companies' market value had not recovered yet.
Currently, Exxon Mobil is the world's most valuable company with a market value of 330 billion USD.
The second most valuable company is Hua Xia's Petroleum Group with a market value of 270 billion USD.
Wal-Mart is the third most valuable company with a market value of 200 billion USD.
Even Microsoft is only ranked 6th with a market value of 140 billion USD.
Li Dong, on the other hand, dared to ask for 360 billion USD. Was he not afraid of losing his tongue?
Not to mention 360 billion USD. Even HKD is not worth it.
As Li Dong's motorcade left, one of the reporters in Hong Kong said. "I heard that Li Dong is good at bragging. I did not believe what some of my Chinese friends said. But now … "
What else can he say?
Li Dong had mentioned 360 billion USD, and he is the world's most valuable company. There is no need for him to brag anymore.
If he continues to brag, he will really break through the sky.
… …
The Xiangjiang media complained. Xu Shengzhe, who got in the car with him, also complained, "You really dare to say that. You really have no taboos now and dare to say anything. Everyone is shocked by 360 billion HKD, and you still want to change it to USD? You might as well change it to EUR. "
Li Dong sneered and said, "Don't make a fuss. Did I say it was now? It is not possible now, but it does not mean it will not be possible in the future. The current Hong Kong stock market is only worth a few trillion USD. Tencent companies can reach the current market value in the future. Do you believe it? "
"I don't believe it!"
Hsu Shengzhe shook his head firmly. A few trillion USD? Are you kidding me?
The current Hong Kong stock market had been hit hard in 2008 and had declined slightly. The total market value is less than 6 trillion HKD.
But this is 1 trillion!
6 trillion HKD!
Li Dong said that Tencent companies can reach the current market value, but Li Dong does not believe it.
Not to mention 6 trillion, Xu Shengzhe felt that even 600 billion was a little uncertain. It was unknown whether or not he had a plan.
"You don't believe it, but it does not mean it is impossible. Let's take a good look. What you see in my eyes and what you see in mine are two different worlds … "
"Alright. Don't tell me this. I am not interested. When are you going to meet Damo and the rest? I will go with you. Our underwriters are almost the same, and we can also talk about the Longhua IPO. "
Li Dong frowned. "Is it necessary? If you follow me now, you will have the upper hand. But after some time, we will part ways, and you will not be able to establish your reputation.
At that time, everyone will think that you are my, Li Dong's, subordinate. I want to see how you are going to deal with all kinds of troubles.
Longhua's IPO will be based on Longhua and you.
This is also the time to build your reputation.
How many times can a company have an IPO?
This is an important matter for the company. If you are not able to build your reputation, you can forget about being a second-generation heir.
Who would look up to you if you follow the trend and mingle with others? "
Hsu Shengzhe heard what Dong Xuebing said and replied after a while. "You are right. I had been thinking too much recently. I felt that following you for a period of time will be less troublesome, and it will be more convenient. Now that I think about it, I will soon become your subordinate. There are some things that I need to deal with personally. "
"It's good that you know. So, you go on your way, and I will go on my way. Don't trouble me with everything."
After Li Dong finished, Hsu Shengzhe suddenly asked suspiciously. "Are you going to take the benefits without doing anything?"
Li Dong replied angrily. "What are you talking about? Am I that kind of person? I am doing this for your sake. Think about it. Who will trust you if you continue like this? In the end, I will have no choice but to join Longhua. Once I, Li Dong, show up, even your senior management will welcome me. Just wait to be a figurehead. "
"I feel that you are just finding it troublesome and don't want to help …"
Hsu Shengzhe mumbled. Although what Li Dong said was true, what Li Dong said made sense.
If he asked Li Dong to do everything for convenience's sake, his personal presence would be too low.
In the end, the outside world would only know about Li Dong and not Hsu Shengzhe. This was the biggest crisis for Hsu Shengzhe.
Now that he thought about it, if he was not in a hurry to get listed, he should not have relied on Li Dong's reputation. He had relied on him too much.
Previously, there were rumors that Longhua was Far away from Longhua.
At that time, Hsu Shengzhe did not pay much attention to it. Now that Li Dong said it himself, Hsu Shengzhe had to pull himself together and start to ponder.
…
As Hsu Shengzhe was thinking about something, Li Dong did not disturb him.
Feng Yu was afraid of trouble, and he also felt that Hsu Shengzhe had some problems now.
Feng Yu had been in a hurry to get listed. During the listing process, whenever Feng Yu encountered any problems, he would ask Li Dong for help instead of solving it himself.
If this happened once or twice, even if it was not easy for Longhua to get listed, it would be hard for Longhua to build its own brand.
This was not a good thing for Longhua's future development.
As for Li Dong, he did not care much about these real estate companies.
If he wanted to seize control of Longhua, he could slowly win the hearts of the people and send a signal to the outside world.
But Li Dong did not even care about Dong Yu Real Estate, let alone Longhua Real Estate.
Feng Yu had his own plans. The retail group would not attract much attention, but it might not be a good thing for the real estate company to grow.
In the end, the retail group's real estate business might be bigger than Hua Xia's top ten real estate companies, and it would not attract much attention. This was what Li Dong wanted.
…
On the afternoon of the 22nd, Li Dong arrived in Hong Kong.
In the evening, he had an appointment with the heads of several underwriters.
This time, Tencent's listing was much larger than that of Gome. Tencent had chosen the underwriters.
Mo Yu, Goldman Sachs, Citigroup, and Bank of China were the underwriting groups for Tencent.
As for Weibo, there were six members of the underwriting group, including the three foreign companies of Mo Yu. Bank of China did not have many international IPO underwriting cases, so it did not join the underwriting group on Weibo.
Far away, two major companies had been listed, which was a big deal for these investment banks.
Weibo and Tencent had been listed for more than 50 billion US dollars.
In 2009, such a large-scale listing underwriting plan was still very large. Once the listing market was good, these companies would also make a lot of money.
The underwriters not only earned the various fees paid by the listed companies, but also the over-allotment of shares.
They could exercise this right, or they could choose not to exercise it.
Once the market was good, they would receive a lot of orders during the roadshow period, which meant that the market would definitely explode. At this time, if they exercised the over-subscription right, they would definitely make a lot of money.
Therefore, these companies also attached great importance to Tencent's listing plan.
Not only the head of the Asian region, but also the senior leaders from the headquarters of the companies had arrived.
In the conference room of the hotel.
Li Dong unbuttoned his shirt and said, "It's not good to be too southern. It's a little stuffy.
We're all old acquaintances, so let's get straight to the point.
This time, Tencent will sell one billion shares, 300 million of which will be publicly sold in Hong Kong. Of the remaining 700 million shares, 680 million shares will be internationally allotted shares, and the remaining 20 million shares will be reserved for you.
I don't care whether you exercise the over-subscription right or not. It doesn't matter.
The key was that the scale of the financing this time was not small. One billion shares, 50 billion HK dollars, was about 6.5 billion US dollars.
6.5 billion US dollars was not a lot, but it was not a small amount either. China's international allotment accounted for more than half of the funds.
I don't think there will be a big problem in Hong Kong. The key is the international allotment. As an internationally renowned financial institution, you have many underwriting experiences. I think you still know what to do.
6.5 billion US dollars of subscription is not a big problem. This is inevitable.
But I don't want 6.5 billion US dollars. If I can barely reach this figure, it will be the biggest denial to Tencent, the biggest denial to Far away, and the biggest denial to me, Li Dong!
This time, I will not talk to you about those empty words. 10 times the subscription!
If the frozen funds exceed 65 billion US dollars, you will still be the main underwriter for Weibo's listing. If the funds are less than 65 billion US dollars, it means that you will not be able to meet my expectations.
After that, Weibo's listing will not be in your hands.
I would rather delay Weibo's listing than let Weibo's listing be in danger.
Tencent's foundation is here, and I can use it to test the waters. No matter how bad it is, it will not be worse than Tencent.
But Weibo's first IPO is in the US. If you do not show me what you are capable of, it will be hard for me to trust you. "
After Li Dong finished speaking, the translator from Far away also translated what he said.
The people in charge of the other institutions gathered together and whispered a few words. Then, the other party's translator began to say, "Mr. Li, 6.5 billion US dollars in financing and 10 times the subscription amount. We've done all these cases before, and 10 times is just the lowest expectation. The main reason is that Tencent's offering price is too high. In fact, if the offering price is set at 40 HKD, the effect will definitely exceed Mr. Li's expectations … "
The underwriter wants to set the price low. This is inevitable.
If the price is set low, it will be easier for them to operate, and the other party can also buy the shares at a low price when they exercise their over-allotment rights.
This is one of the biggest differences between IPO companies and underwriters.
No company wants their offering price to be undervalued. If the offering price is set low, it means the amount of financing will be much lesser.
The amount of financing does not depend on the closing price of the shares. It depends on the offering price.
If the offering price is set low, it will sound good when the shares become popular. But in fact, the company will suffer losses.
When Baidu went to the US to be listed, it became popular on the first day. But Baidu did not raise much money. Although it has a good reputation, the actual benefits did not meet the expectations.
Of course, the offering price cannot be too high.
If the offering price is too high, no one will care about the market, and it will be more troublesome.
Therefore, the company and the underwriter need to make a judgment and compromise.
Now, the Damo companies hope that Li Dong will lower the offering price to fight for more profits for themselves.
The Damo companies are fighting for the offering price, but the people from Bank of China did not say anything. They are mainly in charge of the underwriting plans in Hong Kong and China.
The scale is much smaller than the international allotment. But they have an advantage over the rest of the companies. They just need to wait for the other companies to fight for the offering price.
Li Dong looked at the other party and frowned. "The roadshow has been arranged. We will hold a roadshow in Hong Kong at the end of this month. We will see the subscription plan and the pricing, and we will talk about it in detail. But I want to make it clear in advance that the price is 40 HKD. The difference is too big, and the possibility of me agreeing to it is very low. As an internationally renowned underwriting agency, don't talk to me about those meaningless things. "
Hearing this, the people on the other side were angry, and the translator quickly expressed their anger.
Obviously, what Li Dong said just now was to question whether they might play tricks during the roadshow. The underwriters have their ways to play tricks.
As for their indignation, Li Dong let it go. After their indignation subsided, Li Dong said indifferently, "I'll say the ugly words first. I'm not questioning your thoughts.
After all, Tencent's listing will bring you more benefits.
Anyway, let's see how the roadshow goes first. If the situation is good, everyone will benefit.
If the situation is not good, there is nothing we can do.
You are not only the underwriters, but also the shareholders of Tencent and Weibo. Once the listing is blocked, you will suffer more losses.
There wasn't much point in arguing about the distribution area at the moment.
In fact, I think 50 HKD is too low.
Of course, these are all in the future. I hope all of you can do your best to become the world's most valuable IT company. Tencent must be the most valuable IT company in Asia!
Don't think too much just because of some small profits.
This time, it is Tencent and Weibo. Next time, there will be Far Away Mall and Far Away Mall … …
Far Away Mall has a lot of businesses, and it is not a one-time deal. I hope all of you will not disappoint me. "
Li Dong said Far Away Mall still has a lot of businesses, and this hit everyone's weak spot.
Li Dong is right. The possibility of Far Away Mall being listed overseas is very low. But if Far Away Mall wants to expand, it will be listed in the US.
Far Away Mall's performance had surpassed Amazon, and it will surely become a legendary Internet company.
If they can continue to underwrite the listing plans of these companies, it will be good news for them.
The few companies looked at each other, and someone said in broken Chinese. "Mr. Li, don't worry. We will not disappoint you!"
If these few companies are willing to help, Li Dong does not need to worry about the international distribution.
Li Dong does not care if the other party's promise is real or fake. Everything will depend on the sales after the roadshow.
If he says too much now and the market does not react well, it will be troublesome.
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.
