Chapter 1596 Resumption of Trading Pricing

Li Zeju was weighing the pros and cons, but Li Dong had no time to think about it.

The top priority, his main goal is to resume trading with Teng Xun.

Compared with the resumption plan, as long as Teng Xun's stock price rises a little, the merger and acquisition of Baijia will earn back billions, so there is no need for such trouble.

As for Li Zeju wanting to attack Teng Xun's resumption plan, Li Dong doesn't care too much at all.

It is true that Yangtze River is powerful, but this time Teng Xun also has many shareholders involved, and some international investment banks have also participated.

Once the Yangtze River gathers Teng Xun at this time, more people will be offended.

Especially on the far side, that is the serious immortality.

Li Dong has maintained an extremely strong attitude towards the outside world since his rise. Does Changjiang dare to fight him?

As for Li Dong, outsiders thought he might not dare, but in fact, Li Dong really did.

Maybe it's not long enough, maybe it's the reborn person who always feels that these things may not be his own in the end, Li Dong actually doesn't take these things as seriously as others think.

If he really cared about it and valued it, in order to build a century-old enterprise at this time, he should settle down instead of just continuing to expand blindly.

Li Dong's current expansion is actually a gamble.

As a reborn person, the gamble is actually greater than that of a real entrepreneur.

...

Xiangjiang Airport.

As soon as Li Dong left the airport, countless media surrounded him.

As the richest man in the world, and the biggest resumption plan of the Xiangjiang stock market is about to start here, at this time, knowing that Li Dong is coming to Xiangjiang, it naturally attracts all kinds of media.

Xiangjiang's paparazzi are very famous. Of course, Li Dong is not a star, and these media reporters dare not treat Li Dong like a star, let alone stalk him.

But compared to the mainland, the media in Xiangjiang do have the courage to say something.

Li Dong just stopped, and a reporter asked in Mandarin with a Hong Kong and Taiwan accent: "Mr. Li, this time Teng Xun resumed trading, and the issuance range is set at between 45-50 Hong Kong dollars.

This price is double that of the previous Teng Xun!

Do you think that the restructured Yuanfang Tengxun can really bring such a big return to investors? "

Li Dong smiled lightly when he heard the words: "Why not? In my opinion, the new Tencent Group, after integrating resources from far away, is more than twice as strong as before!

The previous Teng Xun had to face our fierce competition, and the industry was not diversified enough.

But now, we have made up for all the shortcomings of Teng Xun.

In addition, our mobile i software, WeChat, is also affecting all mobile user groups at an unimaginable speed.

At this time, is 50 Hong Kong dollars high? "

"But now some industry experts are predicting that Teng Xun's resumption price is too high, and it may fall below the issue price on the day of resumption..."

As soon as these words came out, Li Dong's face darkened, and he sneered, "Which expert said that? Don't worry, I won't make trouble, let me hear the name.

I'm waiting for the time to slap my face!

On the day when Teng Xun resumed trading, the stock price rose by less than 20%. I, Li Dong, personally invited that expert to become our chief consultant from afar, so what if I gave him an annual salary of one billion! "

"Cough cough cough..."

Many media reporters couldn't help coughing, and Xu Shengzhe who was following Li Dong was also speechless.

Is it worth it?

What a certain expert said is a commonplace tone, but Li Dong is actually serious.

And at this time, is it really appropriate to say this in front of the media?

On that day, the increase was 20%, you, Li Dong, must not be afraid to slap yourself in the face when the time comes?

Now the pricing range is as high as 50 Hong Kong dollars, that is to say, if the closing price of the day is lower than 60 Hong Kong dollars, Li Dong will lose his face.

Why is Li Dong so confident that Teng Xun's market value can reach 360 billion Hong Kong dollars that day?

You must know that the current total market value of Hong Kong stocks is only a few trillion Hong Kong dollars, and there are hundreds of companies listed on the Hong Kong stock market.

The current Hong Kong stock market value rankings, China Mobile, CCB, ICBC and other mainland groups,

The rankings are among the best.

Among the top ten companies by market capitalization, Changjiang and Hutchison each occupy a place. The total market capitalization of the two companies exceeds 500 billion Hong Kong dollars. However, if one is alone, Changjiang, which ranks tenth, can barely reach 250 billion Hong Kong dollars.

If Teng Xun breaks through the 360 ​​billion Hong Kong dollar mark that day, then Teng Xun will break into the top ten Hong Kong stocks in one fell swoop, not just the top ten, but the seventh place.

At that time, the Yangtze River will be squeezed out of the tenth position.

With just one Teng Xun, the market value has surpassed the Yangtze River. Internet companies, do they really have such great potential?

At this moment, everyone still had some doubts.

It is said that Teng Xun surpassed before and reached a market value of 200 billion or even 250 billion Hong Kong dollars. Everyone thinks it is still possible.

But 360 billion Hong Kong dollars, is it possible?

Li Dong didn't care whether they believed it or not. After finishing speaking, he walked towards the motorcade in front of the door and continued: "Now that the global economy is recovering, and IT is a sunrise industry, is 360 billion Hong Kong dollars really that much?

In my opinion, it won’t be long before this Hong Kong dollar should be exchanged for U.S. dollars..."

Well, the reporters didn't want to ask questions.

Li's richest man is getting bigger and bigger, and he is worth 360 billion US dollars. What else can he say?

In 2009, the impact of the worldwide financial crisis has not completely passed.

Compared with the peak period in 2008, at this time, the market value of many companies has not recovered.

Currently, the world's largest company by market capitalization is Esenck Mobil, with a market capitalization of US$330 billion.

The second largest market value is Huaxia Petroleum Group, with a market value of 270 billion US dollars.

Wal-Mart came in third, with a market cap of just under $200 billion.

Even Microsoft has a market value of only US$140 billion, ranking sixth in the world.

Li Dong dared to say that the opening of his mouth is 360 billion US dollars, so he is really not afraid of the wind flashing his tongue?

Let alone 360 ​​billion US dollars, it is Hong Kong dollars. Everyone is skeptical.

As Li Dong's motorcade left, some of Xiangjiang's media reporters couldn't help but said: "It is said that Li Sheng can boast, some friends from the mainland, I didn't quite believe what I said before.

But now..."

What else to say now?

It is said that it is 360 billion U.S. dollars, and the global market value is the first, and it seems that there is nothing to continue to blow.

If you blow it again, you will really break through the sky.

...

Xiangjiang’s media complained, and Xu Shengzhe, who got on the bus with him, also complained: “How dare you say it, you really have no taboos now, dare to say anything.

Everyone was shocked by the 360 ​​billion Hong Kong dollars. If you still exchange it into US dollars, you can simply exchange it into euros. "

Li Dong sneered and said: "It's more strange than rare, did I say it's now?

Impossible now, does not mean impossible in the future.

Now the entire Hong Kong stock market is only a few trillion in size.

In the future, Teng Xun's family will be able to reach the current total market value, do you believe it? "

"Do not believe!"

Xu Shengzhe shook his head firmly, a few trillion market value, just kidding.

The current Hong Kong stock market has experienced a blow in 2008 and has declined slightly. The total market value is less than 6 trillion Hong Kong dollars.

But this is a trillion!

Still 6 trillion Hong Kong dollars!

Li Dong said that Teng Xun's family could achieve it, of course he didn't believe it.

Not to mention 6 trillion, Xu Shengzhe felt that 600 billion was a bit hanging, and it was unknown whether there was a spectrum.

"If you don't believe it, it doesn't mean it's impossible.

Let's go ahead and be optimistic, what you see in your eyes is a different world from what I see in my eyes..."

"Come on, don't tell me that, I'm not interested.

When will you meet Damo and the others?

I’m with you. It just so happens that almost all of our underwriters overlap. Let’s talk about Longhua’s distribution by the way. "

Li Dong frowned and said: "Is it necessary? If you follow me now, you will gain some opportunities, but to put it bluntly, after a while, we will part ways and your own reputation will not be established.

At that time, everyone will think that you are my vassal of Li Dong, and I will see how you deal with all kinds of troubles.

Longhua ip, of course, is still based on Longhua, and you are the main one.

This time is also the time to build your personal prestige.

How many IP opportunities can enterprises have?

This is a major event for the company. Once you fail to build up your personal prestige this time, you won't be able to take off your second-generation hat.

Follow the trend everywhere, follow others everywhere, who will look at you high? "

Hearing this, Xu Shengzhe was slightly taken aback, and after a while, he said slowly: "It seems to be the same, during this period of time, I have lost my mind.

I always feel that it will be less troublesome and more convenient to hang out with you for a while.

Thinking about it now, it's almost becoming your vassal.

Some things, I really have to come forward in person. "

"It's good to know, so later you go your way, I go mine, don't bother me with anything."

As soon as Li Dong finished speaking, Xu Shengzhe suddenly asked suspiciously: "You bastard, don't you just want to take advantage of it and not do things?"

Li Dong said angrily: "How did you talk? Am I that kind of person?

I'm thinking for your sake, you think about it yourself, if this goes on, who will believe you?

In the end, I don't want to be in charge of Longhua. As soon as I, Li Dong, come forward, your own executives have to welcome me in, and you just wait to be ostracized. "

"I always feel that you are troublesome and don't want to help..."

Xu Shengzhe muttered, after all, what Li Dong said actually made sense.

If everything is convenient for Li Dong to help, then his sense of personal existence will be too low.

In the end, the outside world only knew Li Dong, but not Xu Shengzhe. This was Xu Shengzhe's biggest crisis.

Thinking about it now, if it wasn't for the rush to go public this time, it shouldn't have relied on Li Dong's fame, it was too much.

Before, there were rumors from the outside world that Longhua was actually Longhua from afar.

At that time Xu Shengzhe didn't pay much attention to it, but now that Li Dong himself said so, Xu Shengzhe had to cheer up and began to meditate.

...

Xu Shengzhe was thinking about something, but Li Dong didn't bother.

One thing he was afraid of trouble, but another thing he really felt that there was something wrong with Xu Shengzhe's current mentality.

Not to mention the hasty listing before, during the listing process, whenever this guy encounters some troubles, the first thing he thinks is not to solve it himself, but to ask Li Dong to help.

Once or twice, after a long time, even if Longhua is not easy to master, it will be difficult for Longhua's own brand effect to be established.

This is not necessarily a good thing for Longhua's future development.

Li Dong, on the other hand, doesn't really value these real estate groups that much.

If he wanted to seize Longhua's power, he could slowly gather people's hearts and send a signal to the outside world.

But Li Dong didn't even care much about Dongyu Real Estate, let alone Longhua Real Estate.

He has his own plan. The retail group's land enclosure and buildings are not attracting attention. If the real estate company really grows bigger, it may not be a good thing.

In the end, the real estate business of the retail group may be much larger than the top ten real estate groups in Huaxia, and it is not conspicuous. This is the result Li Dong wants.

...

At noon on the 22nd, Li Dong arrived in Xiangjiang.

In the evening, he made an appointment with the heads of several underwriters to discuss matters.

This time, Teng Xun resumed trading on a huge scale, much larger than Guomei's resumption of trading. Teng Xun still chose the underwriter.

Morgan Stanley, Goldman Sachs, Citigroup, and Bank of China are the underwriting syndicates for Teng Xun's resumption of trading.

As for Weibo, there are six members of the underwriting syndicate, including three foreign investors from Morgan Stanley. Bank of China does not have many IP underwriting cases internationally, so it has not entered the Weibo underwriting syndicate.

For these investment banks, it is a big deal for these investment banks to undertake the listing plans of the two major groups in the distance.

Weibo and Teng Xun, the two listed more than 50 billion US dollars.

In 2009, such a large-scale listing underwriting plan was still very large. Once the listing market is good, these companies will also make a lot of money.

The underwriters earn not only the various fees paid by listed companies, but also the over-allotment of equity.

They may or may not exercise this right.

Once the market is good, during the road show, if there are many orders received and the oversubscription ratio is high, it means that it will definitely explode. At this time, if they exercise the oversubscription right, they will definitely make a lot of money.

Therefore, several companies also attach great importance to Teng Xun's resumption plan.

Not only the person in charge of the Asian region arrived, but also senior leaders from each headquarters.

In the hotel conference room.

While unbuttoning his shirt, Li Dong exhaled: "It's not good if it's too southern, it's a bit stuffy.

We are all old acquaintances, so let's get straight to the point.

This time, Teng Xun will sell 1 billion shares, of which 300 million shares will be publicly offered in Xiangjiang. Of the remaining 700 million shares, 680 million shares will be for international allotment, and the remaining 20 million shares will be for you to pre-order. stay.

I don't care if you exercise your oversubscription rights or not.

The key point is that the financing scale this time is not small, with 1 billion shares, a financing amount of 50 billion Hong Kong dollars, and 6.5 billion U.S. dollars.

6.5 billion US dollars, say too much is not too much, say too little is not too little, of which the international placement accounted for more than half.

As for Xiangjiang, I still think the problem is not big. The key lies in the international placement. As a well-known international financial institution, you have many underwriting experiences. I think you know it well.

The subscription amount of 6.5 billion US dollars is not difficult, it is inevitable.

But what I want is not to reach 6.5 billion US dollars. If this figure is just barely, that is the biggest denial of Teng Xun, the biggest denial of Yuan Fang, and the biggest denial of me, Li Dong!

This time, I won't tell you about those fake, 10 times the subscription amount!

If the frozen funds exceed 65 billion US dollars, you will still be the lead underwriter for the next Weibo listing. If you do not even reach 65 billion US dollars, it means that you cannot meet my expected plan.

Next, when Weibo goes public, it will no longer be handed over to you.

I would rather delay Weibo's listing than let Weibo's listing encounter a crisis.

Teng Xun's foundation is here, the foundation is here, I can use it to test the water for you first, no matter how bad it is, it will not be worse than the previous Teng Xun.

But Weibo, the first ip was still in the United States, if you don’t show some strength, it’s hard for me to trust you. "

After Li Dong finished speaking, the translator on the far side also translated simultaneously.

The heads of several institutions on the opposite side gathered together and whispered a few words, and then the translator of the other party began to say: "Mr. Li, the financing amount of 6.5 billion US dollars, the subscription amount of 10 times, we have done these cases, 10 times is just the minimum expectation.

The main point is that Teng Xun's issue price is indeed a bit high.

In fact, if the price is set at 40 Hong Kong dollars, the effect will definitely exceed Mr. Li's expectations..."

It is inevitable that the underwriters should set a low price.

The price is low, not to mention that they are easy to operate, when the time comes to exercise the over-allotment option, the other party can also take those stocks at a low price.

This is also one of the biggest differences between ip companies and underwriters all the time.

No company wants its issue price to be undervalued. A low issue price means that the amount of financing will be much less.

The amount of corporate financing depends not on the closing price of the day, but on the issue price.

If the price is low, it will sound good when it explodes at that time, but in fact, the company will suffer a loss.

When Baidu went public in the U.S., it was a big hit on the first day, but Baidu didn’t raise much money. It had a good reputation, but its actual benefits didn’t meet expectations.

Of course, it can't be too high.

If the price is too high, no one cares about the market, and the trouble will be even greater.

Therefore, it requires companies and underwriters to make predictions and compromise.

Now, several Morgan Stanleys want Li Dong to lower the issue price, which is also to fight for their own profit space.

The Morgan Stanleys were fighting for it, but the Bank of China didn't say anything. They were mainly responsible for Xiangjiang and domestic underwriting plans.

The scale is much smaller than the international distribution, but if they take it as a family, they have an advantage over several companies. At this time, it is enough to see the other companies fight for it.

Li Dong glanced at the other party, frowned slightly and said, "Well, the road show plan has been arranged, and at the end of this month, a road show will be held in Xiangjiang.

At that time, we will see the on-site subscription plan and the price, and we will discuss it in detail at that time.

But let me explain in advance, 40 Hong Kong dollars, the gap is too big, the possibility of me agreeing is very low.

As an internationally renowned underwriting agency, please don't follow me with meaningless things. "

As soon as these words came out, the faces of the people on the opposite side were indignant, and the translator hurriedly expressed their anger.

Obviously, what Li Dong said just now is questioning that they may make small moves during the subscription period of the road show, and there is still a way for the underwriters to make some small moves.

For their indignation, Li Dong had heard it, and when their indignation was over, Li Dong said indifferently: "Let's talk about the ugly words first, I didn't question your thoughts.

After all, the explosion of Teng Xun's listing has brought greater benefits to everyone.

In short, let's go to the road show first to see the situation. If the situation is good, everyone will benefit.

If the situation is not good, it will be like this if it is not listed.

You are not only underwriters, but also shareholders of Teng Xun and Weibo. Once the listing plan is blocked, the loss will be even greater.

It is meaningless to argue endlessly about the distribution range now.

Even, in my opinion, 50 Hong Kong dollars is low.

Of course, these are things for later, I still hope that you can do your best, not to mention building the world's number one IT market value enterprise, at least the number one in Asia, it must be Teng Xun's!

Don't think about too many things just for a little profit.

This time it's Teng Xun and Weibo, next time, there will be Yuanfang Mall, and Wanka...

There are many industries in the distance, it is not a one-off deal, I still hope that you will not let me down. "

Li Dong said that there are still many industries in this distant place, which can be regarded as hitting everyone's weakness.

What Li Dong said is correct, the possibility of Vancard being listed abroad is very low, but Yuanfang Mall, if it wants to grow bigger, has a very high possibility of going public in the United States.

The current Yuanfang Mall, purely in terms of performance, has surpassed Amazon, which is definitely another legendary Internet company.

If they can underwrite the listing plans of these companies one after another, it will be good news for them.

Several people looked at each other, and finally someone said in broken Chinese: "Don't worry, Mr. Li, we will not let you down!"

These few companies really have to make great efforts, at least Li Dong doesn't have to worry about the international distribution part.

Regarding the other party's promise, Li Dong doesn't care whether it is true or not, everything depends on the subscription situation after the road show.

If we talk too much now, the market will react in a mediocre way, and that will be the big trouble.

ps: It's just two more updates, my eyes are getting dizzy recently, I've been watching the computer for too long, I need to take a break.