Chapter 1541 Xu Shengzhe's Persistence

golf course.

Li Dong casually swung his club and didn't look at the ball. He turned his head to look at Shen Qian and the two, and said absent-mindedly, "Tell me, what's the matter?"

"I'm preparing for an IPO."

"What?"

Li Dong stopped, looked at him and frowned, "Now?"

Xu Shengzhe nodded and said, "Yes, it's now!"

"Of course, it will take some time to prepare, at least half a year, and it should be almost the end of the year."

Li Dong raised his eyebrows and said, "I thought you were joking when you mentioned listing, but I didn't expect you to be serious.

So, it's a foregone conclusion? "

Xu Shengzhe replied: "The board of directors has approved it, the general meeting of shareholders has also passed it, and even the underwriter has been found.

It can be said that everything is ready, just follow the process.

And it's not just our family. According to the IPO time, there are nearly ten real estate companies in the mainland, Longhua, Longfor, Evergrande, Yuzhou, Mingfa... all planning to go public around the end of the year!

Are listed, you know what that means?

It means that everyone feels that with the recovery of the global economy and the recovery of the real estate market, it is time to go public! "

Xu Shengzhe was a little excited, but Li Dong scolded: "The shareholder meeting is over, I'm not a shareholder?

I'm the second largest shareholder, why didn't I know you had a meeting?

Come with me again, stop talking about these useless things with me.

Just say it, why are you looking for me?

IPO is just ipo, it has nothing to do with me, I will divide the money I make, and if I don't make money, I won't let it down, anyway, I'm not bad for your group's three melons and two dates. "

Xu Shengzhe sneered and said, "It's not a small tone. Since you are so rich, then you might as well give up these shares and give them to me for nothing."

Before Li Dong could answer, Xu Shengzhe continued: "Don't talk about that, I'm looking for you to help you.

For this IPO, I have great expectations for Longhua.

But at present, our shareholders are a bit uncoordinated, so I want to use your reputation to introduce some institutions into Longhua.

Now, among the several IPO real estate companies, Longfor has a lot of momentum here, and has introduced Bank of China, Temasek Holdings, Singapore Government Investment, Ping An... many giants participated in it.

In addition, some international business giants, it is reported that they will also enter through hedge funds or private banks, including Jiang Li and Soros.

There are many other institutions preparing to participate in the investment. Life Insurance, Schroeder, Citigroup, Morgan Stanley, Sun Hung Kai, and Xinhua all have this intention.

And Evergrande is not bad, some wealthy people in Xiangjiang are very interested in Evergrande.

Although the road show hasn't started yet, many wealthy people have already released rumors and are ready to enter the venue.

Longhua here..."

Xu Shengzhe paused as he spoke, and laughed at himself: "Maybe it's because I'm the second generation, my father can't come forward now, and you have been suppressing me all the time, so I'm not well-known inside and outside the industry.

Now there are too many real estate stocks in IPO at the same time. According to the analysis of the industry, it cannot support the listing of so many large real estate companies at the same time, and some real estate companies will definitely break their shares.

And Longhua, now belongs to the ranks of not being optimistic.

So I'm looking for you this time. On the one hand, I hope you can introduce me to some powerful and influential capital institutions.

On the other hand, I would like to publicize your holdings..."

It’s okay to talk about the front, but Li Dong’s shares are promoted later. In fact, when IPO, there is a prospectus.

But the prospectus, under normal circumstances, except for capital institutions, few outsiders will read it.

What Xu Shengzhe meant was obviously to use Li Dong as his hole card to make a large-scale publicity, which used Li Dong's personal prestige.

Usually everyone talks about it, but they can use Li Dong's reputation to do things without even saying hello. Even if Li Dong ends up profiting from it, I'm afraid Li Dong will not be satisfied.

Xu Shengzhe said hello in advance, and also hoped that the name change would be more reasonable.

Li Dong frowned slightly when he heard the words: "It's no problem to introduce capital institutions.

But I can't use my reputation for publicity. "

"No discussion?" Xu Shengzhe was a little uncomfortable and slightly unhappy.

Li Dong snorted: "If I change to another company, I don't have too many ideas, or I am optimistic about the company, that's fine.

But real estate companies, I won't use my reputation as a backstop to outsiders!

In recent years, real estate stocks have risen sharply and then plummeted, even if housing prices skyrocketed every day, it was useless.

Once the publicity in the early stage is over, and investors bought stocks for my fame, and the stock plummeted in the later stage, who should I turn to for reasoning?

I am now a myth and a legend. If you stumble, losing Longhua will not be enough to recover my loss.

I still want to retire under the name of Shinhwa. I didn’t die in the distance, but I fell in Longhua. Can you make up for my loss?

Also, since you want an IPO, my shares will be transferred to Shen Qian's investment company.

Don't blame me for being so realistic, you guy, you haven't been stable recently, you're fine if you fall, I can't accompany you into the pit.

Of course, if you say in private that I am optimistic about you, that I am on good terms with you, that's fine, as long as you can fool me, you count.

But on the bright side, I will retain at most a part of the shares, and you can also use the original exchange of shares as a publicity, but you can't use these words that I am extremely optimistic about as a guide..."

Xu Shengzhe said depressedly: "You are too realistic, aren't you? Besides, you really don't like Longhua so much?

Also, these years, you have bragged a lot, once Weibo and Teng Xun are listed, you will still stumble when they plummet..."

Li Dong snorted, "Do you think I'll say something I'm not sure about?

Weibo and Teng Xun will only make my myth more legendary, rather than discredit me.

As for Longhua, maybe not now, but sooner or later!

My whole life is the template of a legend, I can't let you add a stain to it.

Several years later, the legend of me, Li Dong, is still being circulated all over the world. If there is one more stain, the myth of invincibility will not be cast. "

"You're really narcissistic!"

Xu Shengzhe was completely speechless, and finally thought for a while and said: "Since you are not willing, then I will not force you. Originally, if you agreed, I have already thought about it. Your shares will not be diluted after listing, only our share capital will be diluted. I am worthy of you.

But now, if you give up by yourself, then I will dilute it according to the principle.

Before this IPO, I will do a restructuring of the equity structure, and the total equity will be expanded to 8 billion shares.

In the follow-up listing, 2 billion new shares were issued, and the total tradable share capital reached 10 billion shares after listing.

On your side, you hold 1.6 billion shares, and some of the shares are diluted, no problem, right? "

Li Dong shook his head and said: "I have no objection, if you think it's too much, you can buy back some of it.

Is the issue price range reasonable? "

"It's between 6 and 8 Hong Kong dollars."

Xu Shengzhe said it easily, but Li Dong sneered and said, "You think a lot, you really think others are stupid when you set the issue price at this price?

Even the lowest 6 Hong Kong dollars is a market value of 60 billion Hong Kong dollars.

With such a high issue price, which capital institution will enter the market?

Country Garden’s market value has fallen by 60 billion yuan. This is the result of being listed until now. You just want to surpass the other party at an issue price and become the first mainland real estate stock in Hong Kong. This is not ambition, but an idiot!

Do you think you are me, Li Dong?

If Longhua was my property, it would not be a big problem for me to set a price of 8 Hong Kong dollars.

On your side, if I guess correctly, the underwriter will set you at most below 5 Hong Kong dollars, which is about 3 Hong Kong dollars.

You set yourself so high, be careful that no one cares about it in the end, don’t fall on the road of expansion, and the ipo will fall. "

Li Dong's vision is still very good, as soon as he said it, Xu Shengzhe said a little embarrassingly: "The underwriters did say that the price is high, and what they said is similar to yours, 3-3.5 Hong Kong dollars.

They even persuaded me to take the initiative to drop below 3 Hong Kong dollars. If it falls to the range of 3 Hong Kong dollars, there is still room for growth. Only when investors see the increase will they be interested in continuing to enter the market.

It can be set to 6 Hong Kong dollars, so there is almost no room for increase..."

"It's obvious, I said it a long time ago, you are different from me, you insist on comparing me.

When I financed PP, I set a high price because I have the confidence, strength and capital.

The most important point is that the value of Teng Xun has been underestimated. Anyway, most of the Internet industry is considered intangible value, which is difficult to estimate in detail.

Real estate companies, to put it bluntly, how much land you hoard, how much cash you have, how much debt you have, this thing is very clear, I can even find out how much money you have in your pocket, and calculate it.

You and I overestimated so much, who would buy it? "

Li Dong said with a sigh: "People's hearts are not enough, after this listing, you will keep at least 50% of the equity in your hands.

If you really want to set it at 6 Hong Kong dollars, your personal wealth will reach more than 30 billion Hong Kong dollars in a flash. Do you really think that money is so easy to earn?

Since it is set at 6 Hong Kong dollars, it means that your psychological price is far more than that, probably above 8 Hong Kong dollars.

It is not so easy to double your wealth to more than 40 billion Hong Kong dollars in less than half a year.

Listen to me, it is enough to set it at 3 Hong Kong dollars. If the market is really optimistic, it will rise sooner or later.

On the first day of the opening, if the skyrocketing counterattack, it will be really good!

The issue price is useful if it is said to be useful, and it is not very useful if it is said to be useless.

You're not going to cash out right away, so what's the rush. "

Xu Shengzhe said in a bad mood: "You are talking nonsense, I set the issue price too low, how much money is raised for 2 billion shares?

According to the 3 Hong Kong dollars you said, the financing of 6 billion Hong Kong dollars is only more than 5 billion yuan..."

Li Dong couldn't help but glanced at him, and sighed after a long time: "It's only more than 5 billion yuan, a good use of the word talent.

For a guy with a total wealth of more than 10 billion, is it really appropriate to use the word "talent" when talking about more than 5 billion?

See for yourself, over the years, how many real estate groups have listed and raised more than 5 billion yuan? "

"Country Garden raised more than 10 billion yuan."

"That's why people are scolding everyone now! If you want to be scolded, you can try."

Li Dong said impatiently at the end: "You are not my son, I care about your life, you can set it at 60 Hong Kong dollars, maybe there will be two fools entering the market, I will cash out part of it at that time, and earn a little bit.

It's pointless to compete with me. "

Xu Shengzhe said awkwardly: "I'm not competing with you, the reason why I'm in this range is because I don't want you to help me brag.

Once you blow it, let alone 6 Hong Kong dollars, 10 Hong Kong dollars is not a big problem.

Seriously, Li Dong, think about it, I can let you continue to increase your shareholding, money or not.

I can see now that the second generation is discriminated against, but this origin is not something we can decide.

You people brag to the outside world, and outsiders say it is good, and most of them are praises.

We're fine. If we tell the truth, we'll be scolded so hard that we can't hold our heads up. Do you think it's fair?

Also, is it true that Longhua is not even worth 60 billion Hong Kong dollars?

Market value is not net assets. Longhua still has net assets, which is considered good. In the real estate industry, our industry is relatively reasonable, and the debt ratio has always been at the lowest risk.

Now Longhua actually lacks nothing but fame.

Otherwise, you entrust us with the distant city..."

"Get out!"

Li Dong said unhappily: "I'm talking about it with you, just for this?

Tell you, don't think about these useless things!

Ipo is just a good ipo. If you really feel that the reputation is not enough and the hype is not hot enough, so I will contact some rich people in Xiangjiang to come forward and give you a little bit of stock.

Also, since you insist on going public, I won't stop you either.

If you like to gamble, then bet big once.

Didn't you say that you want to develop big?

This time, simply launch your 100 billion plan quickly, and start hoarding land all over the country, becoming the real estate company that hoards the most land in China.

You have developed a lot of building area over the years. Even if you don't rank first in the country, it is not a big problem to be in the top five, especially the development plan of the new city, so the data will be much better.

As for the funding issue, it's simple, I will delineate some of your undeveloped sites and give you some book advances.

Of course, on the account, pay me back later.

In this way, with a large amount of advance payment, your debt is reduced, and the debt ratio is also reduced.

The total assets have skyrocketed, the debt ratio has dropped, the land holdings are the first, and the sales are the top five. In this way, let alone the price of 6 Hong Kong dollars, there is no problem with 8 Hong Kong dollars.

As for whether there will be problems in the end, don't ask me, I don't know.

If you can pass the hurdles of the China Securities Regulatory Commission and the Hong Kong Stock Exchange, then there is no problem. In the end, it’s okay if you really want to go bankrupt. Didn’t I say that the land you are holding now will be dealt with at a low price by then? , I'll help you stand up..."

What Li Dong said was the utmost benevolence and righteousness, but Xu Shengzhe said suspiciously: "I understand what you mean, if I understand correctly, you want to use Longhua's resources and funds to hoard a large amount of land yourself, right?

What does it mean that you pay some advance payment first, and the land will be given to you later?

Co-author, I haven't acquired the land yet, and I haven't developed it yet, so you want to hit me? "

Li Dong sneered and said: "Whether you like to do it or not, you want to be the first, but you are afraid that I will take advantage of it, do you think I don't take risks?

If land prices and house prices plummet in the future, should I still take over?

You haven’t lost anything. You’re hoarding a lot of land now, and you pre-sold some real estate to me in advance. After you go public, you’ll get a lot of money, and you can still buy land and build buildings again, without any delay.

As for me, if we didn't have a good relationship, do you think I would do this kind of thing?

It's a big risk..."

"Yeah?"

Xu Shengzhe asked back, is this guy really taking a big risk?

Gross risk!

Anyway, it's just an advance payment, how much can Li Dong really give.

Especially this guy is so shameless that he asked me to return it to him afterwards!

However, what Li Dong said was also a way. Of course, the newly acquired land could not be pre-sold, but Longhua had stockpiled a lot of land before, and there were also many fixed properties, which could be delivered to distant places first.

As a result, sales have skyrocketed, the area of ​​land hoarding has not actually fallen, and the area for development and sales will also increase greatly...

In short, the data is much better than before.

Of course, this is also risky for Longhua, which is equivalent to using their immediate interests to gamble on their future interests...

There is also the Securities Regulatory Commission and the Hong Kong Stock Exchange, which is more difficult to pass.

Anyway, Li Dong's meaning is very simple. Anyway, Longhua is not his company. It has nothing to do with him to do whatever he wants, and how many loopholes he has.

As for reputation or something, it's not his own business anyway, so let him be.

In the end, when something happened, Li Dong must have pushed it clean.

He won't want the new land that hasn't been clarified yet, he will definitely want the old property of Longhua, and it won't be too late to replace it with the property he wants when things are all right.

Xu Shengzhe could see all of this.

But if you can see it, you can see it, Xu Shengzhe thought for a while, and finally gritted his teeth: "Okay, then try it!

If it’s really going to happen, I even set a fart of 8 Hong Kong dollars, and I directly set it to 10 Hong Kong dollars!

Li Dong, I will trust you this time. If something goes wrong, I will tell you that I am finished, and I have to keep the shares of your retail group.

I don't drag you into the water, but you also take care of my family! "

Li Dong raised his eyebrows and said: "It's natural, but I still haven't figured it out, what exactly do you want?

What about a market value of 100 billion?

So what about real estate first?

It's all right, it's going to go public like crazy, it's going to be developed big, it's going to take risks, is your head flooded? "

Xu Shengzhe gritted his teeth and said, "You don't understand!"

"Then make it clear."

"The old man is dying..."

When Xu Shengzhe said this, his eyes were a little dazed, and there was also some unspeakable embarrassment. He gritted his teeth again and said: "I want him to watch before he leaves. I took Longhua to the peak, surpassing the peak of his decades of hard work." !

I made Longhua number one, and it was not a wrong choice to entrust Longhua to me!

He hated me all the time, and I knew it.

He always thought that I would bring Longhua to the end, but I want to prove to him that what he thinks is wrong!

The more he thinks so, the more I want to prove all this!

I'm running out of time to finish all this before he goes, and even if it's just a false prosperity, I'll let him see it all while he's alive.

His son didn't embarrass him or Longhua! "

As soon as these words came out, Li Dong fell silent.

This kind of thinking is actually difficult for him to understand, but he can understand it.

No matter how mature and insidious Xu Shengzhe is, in front of his father, he will always be weak, immature, and unreliable.

But Xu Shengzhe didn't want it, that's how he was in Xu Jianghua's eyes.

During the period when Xu Jianghua was about to pass away, he hoped to prove himself thoroughly and let his father see it all.

Maybe a little impulsive and naive, but the relationship between father and son is sometimes very contradictory.

To say that Xu Shengzhe has no feelings for Xu Jianghua, judging from some previous behaviors, it is true that he does not have much feelings.

But if he really had no feelings, Xu Shengzhe would not be eager to prove himself.

The more he wanted to prove it, the more it meant that he actually valued this father-son relationship, and he hoped to get his father's approval instead of always harboring hatred and rejection.

Li Dong patted him on the shoulder lightly, but didn't speak any more.

Since this guy insisted, he didn't need to say anything.