On October 19th, the most eye-catching day was the opening of the Growth Enterprise Market.
28 companies listed at the same time. This was the first time a new sector opened. Otherwise, there would not be so many domestic companies listed in a year.
Although it was the Growth Enterprise Market, it still attracted a lot of attention.
On this day, among the 28 companies, Huayi was in the limelight!
The IPO price of 27 RMB finally opened at 63 RMB!
Sixty-three yuan, which was more than double the initial price, instantly shocked everyone.
This was only a company listed on the Growth Enterprise Market. Did an entertainment company have such great potential?
If Huayi was like this, what about East Star?
Wouldn't East Star be even more popular once it went on the market, with its back to this distant mountain?
Huayi's explosion was not over yet. When the market closed, the share price reached 71 RMB!
Based on the current share price and Huayi's total share capital, Huayi's market value had reached 12 billion!
During the session, the share price even soared to 80 RMB per share.
At that time, the market value was even higher.
Huayi's previous prospectus showed that Huayi's net profit in the first three quarters of 2009 had reached 60 million. Based on the expected increase and the release of some blockbusters at the end of the year, the annual net profit was expected to exceed 100 million.
Of course, it was very difficult. The outside world did not think the increase would be that high.
For the whole of 2008, Huayi's net profit was less than 70 million. The earnings per share was about 0.4 RMB.
In other words, based on last year's earnings per share, Huayi's P/E ratio was as high as 177 times!
When the market closed, the outside world was shouting, "Crazy!"
It was crazy!
Warner Bros.'s P/E ratio was only about 10 times. On the other hand, Hua Xia, which was still on the Growth Enterprise Market, Huayi had achieved a P/E ratio of 177 times. This was simply unimaginable.
Other than crazy, what else could they say?
Such a P/E ratio also shocked countless experts. At the same time, it also warned those crazy investors that Huayi's share price was too high.
Of course, whether anyone was listening or not was evident from the fact that the share price was still rising.
In one day, Huayi had created many billion-dollar stars and directors.
If it was any other time, people would be talking about it.
But at this time, people were more talking about East Star.
If Huayi's market value could exceed 12 billion, what about East Star?
Even if TVB was not included, East Star Entertainment was no weaker than Huayi. In terms of cinema distribution, East Star Entertainment was much stronger.
East Star's net profit was actually not high because East Star had invested a lot and was currently in a state of strategic losses.
However, East Star's early plans had already begun to be perfected. If they did not include TVB's investment this year, their profits were at least twice that of Huayi.
In terms of fixed assets, they also had more assets than Huayi.
Doesn't that mean that if we don't count TVB and just go public with the scale of East Star and create the same P/E ratio as Huayi, the market value of East Star will exceed the 30 billion mark?
With the addition of TVB, how much would it be worth?
TVB was also a listed company and had its own value. However, TVB was later taken over by East Star, and the shares held by East Star were considered East Star's own assets, including the increase in additional influence …
All of a sudden, the outside world was speculating that if the market could maintain its current state and not become a temporary bubble, once East Star got listed, its market value might exceed 40 billion!
Even this was under the condition that they underestimated it.
After all, Huayi's P/E ratio was a bit high, and it might not be suitable for East Star.
At that time, Hu Xiaorui, who currently held more than 80% of East Star's shares, would hold about 70% of the shares even if she received some equity incentives and went public.
This meant that East Star would bring Hu Xiaorui 30 billion in wealth!
Coupled with the Hu family's other assets and businesses, the next richest woman before the age of 30 was born!
The current Yang Huiyan's wealth was still around 28 billion.
Even if the Hu family did not hand over Tengxiang and Nanrui to Hu Xiaorui like the Yang family, with just East Star, Hu Xiaorui could become the richest woman in the world.
As for the previous talk about Li Dong's daughter, it was naturally a joke.
A child who was still in swaddling clothes, even if she had shares to inherit, would not be included in the statistics, not to mention that Li Dong was still alive.
For a time, the reputation of Jiangbei's business community rose again.
Before Li Dong, then Hsu Shengzhe, and next, it might be Hu Xiaorui …
And in Jiangbei, there was actually Ji Lanxin, who was as famous as them.
Jinding Jewelry had been doing well in the high-end jewelry industry in the past few years. Of course, it was far from the other companies, but it was not too weak.
Once Jinding's Ji Lanxin also exploded, the strength of Jiangbei's business community would be terrifying.
It wasn't because of wealth. In terms of wealth, Li Dong's wealth alone was astronomical.
The key was inheritance!
In today's business community, although young people rose very quickly, the business associations were still dominated by the elderly.
And Jiangbei might soon change this situation, with young people dominating the business associations.
These people were all less than 30 years old, and there was still a long way to go.
In the past, business associations such as Cantonese and Zheshang were strong and had a strong sense of unity, while Jiangbei was much weaker.
But now, with the rise of Li Dong, the strength of Jiangbei's business community had instantly surpassed the major business associations.
And as time passed, many of the younger generation of business associations had yet to rise, but a few young people from Jiangbei had already become famous in Hua Xia. In the end, Jiangbei Merchants would probably be respected in Hua Xia.
…
The division of business associations and regions still existed in Hua Xia.
But as for what the outside world said, people like Li Dong didn't care much.
At this point, whether it was Li Dong, Hsu Shengzhe, or even Hu Xiaorui, they were no longer limited to regions.
Powerful enterprises, including the leaders of the enterprises, actually didn't care about these things.
When the enterprises weren't too powerful, everyone needed to work together for warmth.
But when the enterprises became famous in Hua Xia and the world, it was too narrow to divide the business associations in the country.
Ma Yun used to like to do these things, but now he didn't care much about them.
In the early days, he was weak, and the participation of various associations was not very meaningful now.
For example, now, Ma Yun felt that the local business associations might not really walk the same path as him at the critical moment.
It was not others who made Ma Yun think so.
Yintai!
He had a good relationship with Shen Guojun of Yintai, and they had known each other for many years.
Previously, the two had once joined forces to resist the invasion of Far away.
At that time, the two sides went to Shanghai together to find Bailian to cooperate, preparing to combine online and offline to build the largest O2O system in the south, preventing Far away from invading south.
But at the beginning of the year, Yintai joined the Far away alliance.
Yintai's base camp was in Jiangzhe.
Just when Huayi Brothers went public, just when Ma Yun was considering waiting for the limelight to pass and choose to declare war.
It was not Far away that fired the first shot against Taobao, but Yintai!
…
October 19th.
While the outside world was paying attention to the listing of the GEM.
Yintai, the local retail giant in Jiangzhe, announced to the public that it would participate in the big promotion of Far away.
How to participate?
Online and offline combination!
Place orders at Far Away Mall, and Yintai will supply the goods locally.
Yintai's warehouse center, major warehouses, distribution centers, including the store system, will fully provide services for Far Away Mall.
For all the customers who placed orders at Far Away Mall in Jiangzhe, if Far Away Mall could not deliver and ship the goods in time, Yintai will take over these orders as a supplement.
Yintai promised to the public that Yintai would supply the goods. Not only would the buyers enjoy the same treatment as Far Away, but they could also enjoy Yintai's exclusive services after the sale.
Wherever there was Yintai, buyers would place orders online, and Yintai would meet the needs of online orders as soon as possible. In the shortest time, the best quality of service, and the best products would be provided to these buyers.
As soon as the news came out, Ali knew.
The advantages of the offline system, Far away, were finally reflected.
And it was not Far away, but Far away Alliance!
As a member of the alliance system, Yintai might not be very strong, but in the Jiangzhe area, Yintai's reputation was still good, including the warehouse layout and delivery services. Far away was enough to meet any needs of the online shopping market in Jiangzhe.
This kind of localized supply chain would also reduce the cost to the minimum.
Far away did not need to set up additional warehouse centers for Yintai's local supply, nor did it need to transfer goods from other places. The logistics cost was also greatly reduced.
Far away also had many stores and warehouse centers, including express delivery centers.
However, Hua Xia was so big. Far away could not be fully covered.
Now that Yintai was involved, it could help Far away perfect the online and offline integrated layout in the Jiangzhe area.
As soon as Yintai's news came out, Ma Yun knew it was bad!
Sure enough, after Yintai, other Far away Alliance companies in the Jiangzhe area also announced that they would join in the big promotion supply chain.
Not only Far Away Mall, but third-party merchants, including Wanjia Net, could also carry out express delivery transit through these Alliance stores.
Some companies even announced that they would open their warehouses to provide services for third-party merchants.
Third-party merchants, if they had a lot of goods and couldn't find a storage location for a while, could temporarily borrow it and directly ship the goods to their warehouse for storage.
Or they could simply ship the goods to a warehouse center Far away, and Far away would send the goods to a unified delivery center.
This had already formed the prototype of Jingdong's logistics warehouse in the future.
Jingdong's ability was limited even in the future, and it was unable to do everything. Most of it was still self-operated.
Far away, with the help of a perfect offline system, as well as the alliance system, began to experiment in 2009.
The orders of third-party merchants would be unified on the platform.
This could save the cost of third-party merchants, speed up shopping efficiency, speed up the efficiency of processing orders, and establish an effective regulatory mechanism for the third party.
This was much more convenient than letting third-party merchants operate on their own, and it could also bring a lot of extra income to Far away.
The C2C platform was flooded with fake goods, there were many inferior products, and it was difficult to monitor the platform …
These problems were vividly reflected in Taobao.
It wasn't that Taobao didn't want to monitor, but it couldn't.
But once Far away completed the unification, although it was still a C2C platform, and it was still a third-party self-operated, there would be an additional platform monitoring mechanism in the middle.
In this way, as long as Far away's quality control team was not perfunctory, the probability of fake and inferior products could be greatly reduced.
They didn't dare to say that it would be completely eliminated, but at the very least, they wouldn't let some products that looked like garbage circulate.
Of course, such a move required the company to have the strength.
Ali, for example, did not have its own warehouse mechanism, did not have its own quality inspection team, and mainly appeared as a platform. They couldn't replicate such a policy, nor could they do it.
Far away actually couldn't do it, at least not at the moment.
However, temporary trial, coupled with the alliance's cooperation, Far away could barely complete this work.
If it was indeed effective in the later stage, Far away could expand on a large scale and gradually improve these plans.
…
Lin 'an.
Huayi's stock price skyrocketed, making Ma Yun a lot of money.
However, at this moment, Ma Yun didn't have much excitement.
Huayi made money, and no one could say that it was not the time to cash out, not to mention that it was an outsider's company.
Only Ali belonged to him.
But now, Far away's offline alliance, Yintai, had taken the lead in starting the battle against Ali.
Far away had not yet exerted their strength here, but Ma Yun had already felt the pressure.
In the conference room.
Ma Yun was a little annoyed and said with some annoyance, "What's Bailian's attitude now?"
In the previous meeting, he actually had the same idea as Far away.
Borrowing the offline system of retail companies everywhere to help Taobao establish an effective online and offline mechanism, at least during the November 11 period, they could meet the supply chain needs of Taobao.
Ma Yun also knew that it was unrealistic to expect these companies to cooperate in the long run. Everyone also had their own business.
The warehouses and distribution of major companies were all to meet their own needs. Sometimes it was not enough, and they needed to rent and outsource.
But in Ma Yun's view, now that things had come to this point, they should probably understand Far away's goal.
Once the online system was unified Far away, Far away would no longer have any worries, and they would be in even more trouble.
The most important thing now was to at least prevent Far away from being defeated online.
Even if they did not do their own business this time, they should work together to help Ali withstand the pressure and fight against Far away.
If Taobao was defeated, it was also a loss for the major retail giants.
Therefore, Ma Yun sent people to contact various parties to seek support.
But now, the results achieved made Ma Yun a little disappointed.
Hearing Ma Yun's question, someone in the conference room said, "Suning promised to provide all the convenience for us, but Suning's business is limited, and can only be limited to the 3C electrical field.
Great Shang is still in discussion, and Great Shang's own business is also very important. In addition, some of the senior executives of Great Shang may be hoping that Far away will fight with the South online, giving them more time to develop.
At this time, many senior executives do not agree to support us.
Chairman Niu is willing to support us, and is now convening a meeting of the senior executives, as well as preparing for a meeting of the board of directors and shareholders, striving to get the plan passed.
Wal-Mart and Gao Xin both said that they need to wait for a reply from the headquarters.
Bailian and China Resources … "
The senior executive of Ali paused and said in a low voice, "Their attitude is unclear, and they said that they will discuss it again. After all, it is a state-owned enterprise, and some plans can't be too targeted …"
Ma Yun was stunned for a moment, and after a while, he said with a smile, "I understand. I didn't expect that, at this point, these companies still can't see through it! Other than Suning, who have unified the front line with us, the others are still waiting! Still waiting! Waiting to die? "
The last sentence, Ma Yun said it extremely loudly, and he was extremely annoyed!
At this time, still thinking about it?
Consider what!
Sit on top of the mountain and watch the tigers fight?
Or these people think that they can continue to wait, and must wait until Far away completes the unification online, then deal with them!
Someone saw that he was angry, but still said something fair, and sighed softly, "The hearts of the people are not united, not only in the big industries, but also in the respective companies. Not all companies are like Far away, fighting wherever they are pointed, and everyone is united. "
When there are more people, there will be more mouths, and there will be more thoughts.
Usually, it is fine, but at the critical moment, unless the leader is extremely prestigious, or has all the right to speak.
Otherwise, how can it be so easy for them to unify their opinions and take the initiative to attack Far away?
Helping Ali this time, in the eyes of many, is looking for trouble for themselves.
Far away has not targeted them, and they are already supporting Ali to target Far away. Isn't this asking for trouble?
Many people in Great Shang thought so. Great Shang is located in the north, and Far away does not have many plans in the north.
Helping Ali at this time is not asking for trouble.
It is better to wait for the situation to develop, and then see what happens.
Niu Gang has prestige in Great Shang, and he also saw the threat Far away poses, but the shares in Great Shang are too complicated, and the higher-ups are also complicated.
At this time, there is no way to unify their opinions.
Gao Xin and Wal-Mart are not being perfunctory when they say that they are waiting for the headquarters to reply. They cannot agree to such a thing, and they have to wait for the headquarters to reply.
In addition, Far away has recently opened shops near their shops, and they have been in constant trouble, and they are thinking of ways to solve it.
At this time, they also have to spend extra effort to help Ali complete the online layout, and the two companies also feel that it is too troublesome.
As a result, until now, only Suning has given a clear answer to fully support Ali!
But this is not the result that Ma Yun wants.
Just as Ma Yun is sighing in his heart, someone coughed lightly and said, "On our side, Yahoo hopes that we will inform them first the next time we have a decision. Softbank also said that this time, we should discuss with the board of directors before making a decision on the increase in subsidies and investment for this November 11 … "
"Enough!"
Ma Yun suddenly stood up and said in a cold tone, "Ali, Ali is the Ali of Ali, not others!
At this time, it doesn't matter if they agree or not, they have to do what they have to do!
If they don't agree, let the shareholders' meeting and the board of directors remove me as the chairman first!
It's not that I did not inform them previously, but they were just stalling for time.
Look at this time, I don't have the time to wait for them!
Continue to contact all the major companies, including some small and medium enterprises. They can pay the rent, provide financial subsidies, and increase the publicity …
Also … "
Ma Yun paused for a while and continued, "Tomorrow, announce to the public that on November 11, Ali and Far away will fight to the death! This time, the results are too much, and I will sell Taobao. "
"Ah …"
Everyone in the meeting room gasped, and no one dared to believe that these words came out of Ma Yun's mouth.
Ma Yun said calmly, "The results are too bad, and Taobao is not worth much.
Taobao's results are so bad, and Li Dong is not stupid. Will he buy Taobao?
Some investors always think that Li Dong is a fool. It doesn't matter if he wins or loses, and they will just sell to Li Dong.
But don't you think about it, if Taobao is replaced by the Wan Jia Net, what value does it have?
Only if they win Far away, or if the gap is not widened, then Taobao will be valuable!
If the gap is widened, then Taobao will be worthless. It's just a platform, and Far away doesn't have it?
All of you are hoping that Li Dong will cover everything, and in the end, all of you will lose everything! "
After saying this, Ma Yun walked out, and as he walked, he said, "Tell these words to Taobao's shareholders, and the few major shareholders of Ali. At this time, if they still have other motives, don't blame me for not reminding them! There's not much time left. Before November, if everything that should be prepared is not ready, then the sale of Taobao at a low price is a foregone conclusion. "
After saying this, Ma Yun had already left.
The executives present had complicated expressions, and each had their own thoughts.
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