Chapter 1082 The Report Is Really Weird

Rebirth of the Official Road Business Chapter 1082 The report is really weird (seeking a monthly ticket) []

What shocked the industry's eyeballs was. When the media and the industry questioned Kumho's 900 million US dollars. Microsoft was not angered and walked away as expected. But after ten days of silence. Microsoft products opened the door and announced that it will start formal business with Kumho Corporation North America on the issue of equity transfer.

Microsoft's previous silence and subsequent statement indicated that although the $900 million price tag was beyond their previous imagination, there was still room for discussion after calm thinking. Novel chapters are updated the fastest

This fact is even more inconceivable than Kumho's offer of US$900 million for % of the equity. Both the public and the media. Or a professional in the industry. Also a scholar in economics. They were all taken aback by this. in their imagination. The Kumho Lions opened their mouths wide. Microsoft should teach the greedy Chinese companies who don't know what to do. How can we sit down and negotiate?

Some time ago. When Amazon wanted to acquire the entire stake in Global Music Online from Kumho. The valuation of the entire equity of the website is only about 400 million US dollars. Almost everyone agrees that Amazon overestimated sufficiently.

Who would have thought that Kumho flatly rejected Amazon's offer. In subsequent offers to Microsoft. Actually. Raise the entire equity value of Global Music Online to three billion U.S. dollars! "Fiction" novel chapters are updated the fastest

No matter how. Even if it is negotiated, there is still some way to go. Microsoft's public statements have already had a huge impact.

The share price of Goldberg, which owns 10% of Global Music Online, jumped 10% on the day Microsoft released its statement.

If Microsoft and Kumhoda deal. Skopper's capital appreciation was nearly 300 million U.S. dollars, which was definitely a huge stimulus for Skopper, whose net profit in 1998 was only 200 million U.S. dollars.

East Electronics was affected by this news. Stock prices listed and traded on the Tokyo Stock Exchange also rose to a certain extent. It's just that the degree of influence is much smaller than that of Scooper. After all, the scale of Toshiba Electronics is not comparable to that of emerging technology companies Skopelberg; the news has even less impact on Microsoft's stock price.

The most incredible. The day after Microsoft's public statement. The new technology sectors of the domestic Shenzhen and Shenzhen cities collectively rose. The daily increase of nearly fifty new technology themes reached 5%. Many new technology stocks such as Haisu Technology were once again sealed on the daily limit.

Since early May, the central ministries and commissions have jointly promoted the securitization of new technology companies. The domestic stock market started May after a two-year slump. Driven by the strength of the new technology theme sector, it began to increase by leaps and bounds. In May, the closing price once dropped below 1,000 points. Mid October. The Shanghai stock market index doubled. A big bull market that has rarely been seen in recent years has been formed. The stock price of Haisu Technology has doubled in the past six months. It's just that the stock price of sT Jiangyuan Pharmaceutical was low before the backdoor. Even if the stock price has increased ninefold. The total market value is still only 3.2 billion.

Although the domestic financial media and securities review agencies are desperately advocating that the stock price of Haisu Technology is far from rising.

Touted the development space and potential of the new technology industry. But it was not without voices of doubt.

Kumho Economic Research Center wrote an article on the financial channel through which it pointed out that new technology Internet companies generally lack actual performance support and have a tendency to become a heavy bubble.

The Kumho Center for Economic Research has been behind the scenes. Provide intellectual support for the industrial exhibition of the lake. Research results are only circulated internally. It is rarely disclosed to the outside world. This is the first time to submit a periodic economic research report to the public media. The public doesn't know which green onion the Kumho Economic Research Center is.

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"What the hell is going on? In North America, a 30% stake in a broken website is asking Microsoft for 900 million US dollars. In China, they are talking about the Internet economic bubble. They are doing bitch things, but they have the face to set up an archway!" Lin Xue will The newspaper fell onto Wang Haisu's desk. Sitting in front of the window with her slender waist crossed. The morning sun shines in and falls on her snow-white skin.

Wang Haisu stood up tremblingly. Although he felt that Lin Xue standing in the sunshine looked very beautiful. But Wang Haisu absolutely did not dare to treat her as an ordinary beautiful woman. Take the newspaper over and look at it. It turns out that Hai Securities News reprinted an article from the Kumho Economic Research Center. He read this article on Quantum Online last night. After watching it, I was very entangled in my heart.

The Kumho Economic Research Center has almost nothing to say in China, but it did not expect that the Shanghai Securities News would reprint this article on the front page. This is definitely a blow to the hot new technology theme market in recent days.

"Do you want to contact President Yan?" Wang Su asked.

"No. If Yan Wenjie hadn't called me, I would still be sleeping on the bed." Lin Xue stared out the window. Cross Yangui Lake with unobstructed vision. Watching Yangui Lake on the north shore. It's the golden autumn season again. She didn't admit it either. Oak Park after entering is the most beautiful time of the year. Of course, this didn't hinder her hatred in the slightest.

What about resentment? In 1997. Still thinking about using some means to pull Kumho's hind legs. what's the matter. You can still count on Hu Qing to help wipe your nipples——think of this. Xue Lin was filled with hatred again. Hu Zongqing is a pervert. I really like to help women wipe their buttocks——Hu Qing can only be a turtle in front of Kumho at this time

Lin Xue thought that the Hongxin Department with the support of the Yan family could compete with Kumho in China. Now it seems that it is not reliable. She didn't dare to tease Kumho at this time. He even hoped that that person would forget some of the previous small grievances. Wang Haisu proposed to acquire Chuangyu's Internet cafe assets. Lin Xue also wishful thinking that this is an opportunity to ease the relationship. But the article published by the Securities News set her heart ablaze again.

Wang Haisu couldn't figure out what Lin Xue was thinking. Asked: "What does Mr. Yan mean?"

"Yan Wenjie said to take it easy..." Lin Xue said. "There is no explanation for why. I thought my mother was an economist."

"I also think it's better to take it easy." Only then did Wang Haisu dare to express his opinion. Said. "If the waves rush too hard, the follow-up will be weak..."

"Are you saying that Kumho's article is still our work?" Lin Xue turned around and frowned at Wang Haisu.

"We want to implement a public holdings increase plan. We will have to wait until next month at the earliest," Wang Haisu analyzed. Haisuke was listed on the backdoor only in mid-May this year. In accordance with domestic regulations. It takes 12 months for a backdoor listing to raise new shares in the open market. The final steps of their plan will only be implemented after the middle of May next year at the earliest. "New Technology Theme

has continued to rise for several years. It will continue to increase until next year. The possibility is relatively small. There needs to be one or two adjustment periods in the middle, and I will adjust it when I feel it. Good for us: yes..."

"Uh..." Lin Xue wrinkled her straight nose and closed it. I still have to come to thank you? "Wang Haisu saw her quite moved, so he had the courage to admire this femme fatale." I heard that the Kumho Center for Economic Research has been working hard to become an independent research institution. "Wang Haisu said. During this period of time, he had a lot of contacts with Du Fei and the others. He could more or less know some more inside information." Said. "Hai Light Industry Group will officially list its shares in two days. I think there is no need for the Kumho Economic Research Center to express its crisis theory maliciously to suppress the stock market at this time..."

"Believe that Kumho Economic Research Center is an independent research institution, I might as well believe that old sows can climb trees!" Lin Xue said, frowning. She has always been deeply wary of Kumho. The first experience of being ruthlessly rejected undoubtedly left a deep memory on her. She never thought that any young man under the age of twenty could resist her temptation. What's more, she saw the disgust in Zhang Ke's eyes, as if her heart had been cut severely, it made people feel stinging and unforgettable.

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Shi Weizhong went to office early. There is also the latest Shanghai Securities News on the desk. He saw the text on the front page. I was also taken aback.

Shi Weizhong thought about it for a while. Decided that Li Mingxue called and took the microphone to think for a while before giving up. Li Mingxue will come to the meeting in the morning to discuss this situation later. There is no need to get too anxious.

That way, it will appear that I can't hold my breath. Then listen to what's going on behind the scenes. It's better to go to Xu Si directly.

Hailian Light Industry Group, the first listed company under its subsidiary, will officially list its shares on the Shanghai Stock Exchange in two days. During this time, Shi Weizhong paid special attention to the dynamics of domestic and foreign securities markets, although there is no precedent for the failure of new banks in China. But I was still a little worried when I really waited until the moment it happened.

Since the city's agricultural machinery factory has been profitable four years ago. At this time, Hailian Light Industry has become a large and medium-sized group enterprise with seven wholly-owned holding joint-stock subsidiaries with an annual net profit of 100 million yuan. After the fall of 1998. One of the focuses of the State Council's financial work is to vigorously promote the securitization of state-owned enterprises by the central government and local governments. Make the financing task of state-owned enterprises in the securities market. Haizhou City, which has mature economic conditions, is also assigned three listing quotas. Hailianqing is sufficient in all aspects. The city arranged for Hailian Light Industry to go public first.

The city's final plan is that Haizhou Holdings can be fully listed. It's just that the overall profit of Haizhou Holdings in 1998 was as high as 1.7 billion. 3 times the proportion of new shares with a price-earnings ratio of 30%. The overall listing of Haizhou Holdings will attract more than 15 billion funds from the bond market.

Under the background of the bull market in 1999, the total daily trading volume of the Shanghai and Shenzhen stock markets was less than 40 billion. Obviously, it cannot bear the capital force brought by the overall listing of Haizhou Holdings; it is also impossible for the China Securities Regulatory Bureau to swallow such a large piece of cake in the securities market for a company in Haizhou.

With an annual profit of 100 million yuan, Hailian Light Industry was listed first to raise 1 billion yuan for the construction of new projects. It's just the right size. The city also plans to further reduce the proportion of state-owned shares through public listing. Let the management and foreign capital hold more than half of the shares and public shares.

Although there are some doubts. To say that the city government let the management hold shares is to sell state-owned assets at a low price. But the city's thinking over the past few years is very clear. I also know where the focus of economic work is.

in terms of fiscal revenue. Taxes contribute the most. Hailian Light Industry has a net profit of 100 million yuan in eight years. When dividends are distributed after the year. After deducting provident fund withdrawals. It contributed 30 million yuan in revenue to the city's finances, but the total amount of taxes paid by Hailian Light Industry in 1998 was close to 200 million yuan. Among them, more than 80 million yuan has been reserved by the municipal finance.

Thirty million or eighty million is more important. This is something that is obvious at a glance.

Shi Weizhong locked himself in the office and read the newspaper until Huang Zhuquan, the deputy mayor of Li Mingxue who was in charge of the city's economic and trade work, came over. Only then did I put down the newspaper and went downstairs to meet him. He believed that Li Ming and Huang Zhu should have read today's Shanghai Securities News. They can calm down and click over to attend the final meeting before going public. He didn't need to show his timidity.

Shi Weizhong went downstairs. Li Xue and Huang Zhuquan had already entered the hall. Stand there and talk. Li Mingxue put his hands behind his back. What I hold in my hand is today's Shanghai Securities News. Shi Zhong came over to shake hands with them. He smiled and asked, "Have Huang Chang and Mr. Li read today's newspaper?"

"Oh, this newspaper was shown by Secretary Liu to Mayor Huang during the morning meeting." Li Mingxue handed the newspaper to Shi Weizhong, and Mayor Huang just showed it to me..."

Liu Wentao came to Haizhou to serve as the top leader for nothing. Whether it is the Secretary's Office, the Standing Committee or the National Committee. Haizhou is monolithic. In addition, there is the elbow of the Municipal People's Congress. The province also does not support Liu Wentao's activities in the sea.

in addition. Horizon wanted to reap the fruits of Jincheng in Haizhou, and no one maliciously obstructed it. At least the conflict between Kumho and Horizon does not show any deterioration in Haizhou. Horizon has quite smoothly revitalized and sold the property assets of the merchants under the name of Jincheng to return funds. Due to the high economic growth in Haizhou, the profit is even higher than expected.

It is precisely because the contradiction between the two parties seems to have been greatly eased on the surface. Only then did Yan Wenjie agree to Haisu Technology's acquisition of the Internet cafe assets under Chuangyu.

For Liu Wentao. The Yan family did not support him being too strong in Haizhou. He can only succumb to Haizhou Ren as a purely gilded trip. Actively participate in all things that can add glory to his political achievements even if he can't control the initiative. At least when the media reported it. His name will not be ranked after Song Peiming and Du Xiaoshan.

For Liu Wentao's rogue behavior. Song Peiming, Du Xiaoshan and others were very helpless. Shi Weizhong also knew in his heart that he was the number one in name anyway. It's already bleak enough to earn some good name and wait for a better place. The mentality is also easy to understand. Hailian Light Industry Group went public. Liu Wentao personally came to the scene to give guidance twice. Shi Weizhong didn't know that he was still reading the Shanghai Securities News.

Shi Weizhong asked Li Mingxue: "What did the secretary say?"

"We need to call and ask what's going on with Kumho," said Deputy Mayor Huang Zhuquan. "I have no choice but to call Kumho on the spot and ask what's going on. Why did you choose such a timing magazine?

In the article, Kumho will regularly publish economic research reports to the financial media in the future. The research report is for reference only... Zhang Ke is not attached..." Huang Zhuquan said, shrugging his shoulders and spreading his hands.

It's really easy to say, Shi Weizhong thought. Since neither Li Mingxue nor Huang Zhu had anything to worry about. I can only rest assured temporarily. Analyze it carefully. Not to mention how much impact it will have. Even in a big bear market. New stocks will also be sought after by the stock market. The key is for Hailian Light Industry to have confidence in itself.

This is the last preparatory work meeting before Hailian Light Industry goes public. The previous work is relatively sufficient. Last work meeting. There are not many tasks to check for leaks and fill vacancies.

after the meeting. Shi Weizhong kept Li Mingxue and Huang Zhuquan for dinner. Huang Zhuquan smiled. Said: "Okay. But I want you to treat yourself privately. After Hailian goes public, you will create the first capitalist billionaire in the city..."

Shi Weizhong, as the general manager of Hailian Light Industry, holds 5% of the shares of Hailian Light Industry at this time. To be listed successfully according to the plan. His personal assets will exceed 100 million.

At that time, the power under his name did not come out of thin air. When Haizhou Holdings reorganized its subsidiaries. Implement management competition and management system. Shi Weizhong competed for the director of the agricultural machinery factory four years ago. There is no development funds for agricultural machinery factories. It was also because he and other deputy factory directors and workshop directors paid millions of deposits to play a role. The enterprise develops. These margins are naturally invested as equity funds. Hailian Light Industry has carried out internal investment three times. Shi Weizhong actively participated as the president of the group. accumulatively hold 5% of the equity. After listing. The equity will be diluted to 35%. The entire management and employee shareholding will be diluted to 25%.

Although there are some voices of doubt now. Wei didn't have any guilt. Hear what Huang Zhuquan said. He smiled and said, "How can you say that Mayor Huang is one of the soldiers under President Li. Who doesn't envy Mayor Huang for begging for a good daughter-in-law?"

Li Mingxue smiled. Ask Huang Zhuquan: "When will we eat our wedding candy?"

"What do young people think now? We don't know that we are all living together. They refused to get a certificate and got married..." Huang Zhu groaned all over his head. His son Huang Xiaoming and Liang Guoxing's daughter Liang Junru were both studying in the Haizhou compound. Back and forth is about falling in love. It has been a year since both of them graduated. "Promise before the Spring Festival. It is also the face of our older generation. What kind of talk is this?" Although Huang Zhuquan was full of complaints. He said again with a smile on his face. "I don't want to make too much noise over there, and invite you to drink in private..."

Liang Guoxing came to Haizhou to guard the position of deputy director of the Labor Bureau. The nest has not been moved in the past few years. But he is Zhang Zhixing's eldest brother-in-law Zhang's eldest uncle. There are almost no people in Haizhou who can not give him face. If you catch up with the big banquet in the city. He is more qualified to sit on the secretary's desk than the deputy mayor. This is enough for people.

Li Mingxue didn't know what Wei Zhong was thinking. Huang Zhuquan: "Zhang Si is coming back to drink?"

"I don't know. I have a question." Huang Zhuquan said with a smile. "Just drink when you come. If he doesn't have time, who can force him to come here?"

Shi Weizhong sincerely thought that Huang Zhuquan would like this marriage. It is also because of Zhang Ke's relationship. He didn't know how many people in the city were aware of Xu Si's existence. I thought Song Peiming should know it well. Otherwise, as the mayor, he has no airs and can't be kind to himself.

"Mayor Zhang is fine. I haven't seen Zhang Ke's article on the Securities News for a long time. It should be his true thoughts. I want to find a chance to discuss it with him..." Li Mingxue patted Huang Zhuquan on the shoulder and smiled. Say. Ask Shi Weizhong to follow him to the restaurant in Huang Zhuquan's car.

Li Mingxue's performance in Haizhou is not lower than that of Huang Zhuquan. Haizhou Holdings was founded by him alone. At the beginning, Tang Xueqian and Zhang Zhixing considered to minimize direct interference with Haizhou Holdings' daily operations and insisted not to control personnel with administrative levels in Haizhou. And Haizhou Holdings has always been inseparable from Li Mingxue, so Li Mingxue never held an administrative position. The most important political status is the National People's Congress; the official writing of the city's responsibility for Haizhou Holdings is only for the deputy mayor to coordinate and contact. Did not say in charge.

After listening to Li Mingxue's words, Shi Weizhong still liked the article in Shanghai Securities News. Asked: "Do you also feel that the bubble is serious?"

"How should I put it? The operation of the stock market has another set of rules. But it cannot be separated from the economic foundation for a long time." Li Mingxue said. "The operation of capital also has limits... Judging from the data that has been released now, the overall domestic economic situation is still grim. Basically, it is certain that the economic situation will not get out of deflation before the first half of next year. Hot money is in the concept of new technology. Can the hype last until next summer? If you are a smart person, you should take it easy. I just feel a little strange. Zhang has never been indifferent to the domestic stock market. What I want to say in this article The meaning is very clear. The timing is also a little tricky. It’s a bit weird. Don’t you?”

Listening to Li Mingxue's analysis of Shi Weizhong, he also felt a little weird. However, if Kumho regularly publishes economic and industrial research reports in the future. Maybe it's for a deeper influence. There are indeed serious problems in the domestic economy at this time. As the main body of the domestic economy, state-owned enterprises are at a critical moment of transformation. affected by the external economic environment. Haven't been able to get out of the predicament yet.

first half. Almost a quarter of the total state-owned enterprises are at a loss or seriously in the red. Half were flat. A quarter of state-owned enterprises are profitable. But the scale of profit is extremely limited. The situation of state-owned enterprises on the side is even worse than that of central enterprises. The overall profit level of state-owned enterprises in most provinces is either hundreds of millions of meager profits. Or it is a shocking negative number.

The current domestic stock market is dominated by state-owned enterprises. The overall situation of the enterprise has not been fundamentally reversed. The stock market has doubled in half a year. To say no foam. Ghost letter.

Huang Zhuquan said with a smile: "What's weird? I have a chance to catch Zhang Ke. Just ask him face to face."

Li Mingxue said with a smile: "He just told me the answer. I also think about it. Is it true or not? This kid is very cunning. If you don't believe me, go ask Mayor Song if he can get the truth out of his mouth. "

Huang Zhuquan and Shi Weizhong laughed. Who would go to Song Peiming to ask this question?