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Chapter 2265 Compromise of the Hong Kong Stock Exchange

It's a pity that no matter what method everyone uses to test, Xiao Qi has never given an accurate answer. The major institutions are also keeping an eye on each other, for fear of being snatched first. ≤

Zhou Wuyao originally thought that he had no hope, because Xiao Qi directly stated his dissatisfaction with the Hong Kong Stock Exchange during the last conversation.

Moreover, the capacity of the Hong Kong Stock Exchange is too small. If Fairy Guardian were to list an IPO on the current scale, it would cost more than 100 billion Hong Kong dollars and require financing of 30 to 40 billion Hong Kong dollars. This has never been seen in the history of stock issuance in Hong Kong.

Only the New York Stock Exchange, Nasdaq and other places can accommodate a behemoth with great development potential like Fairy Guardian!

Of course, if Xiao Qi really puts Fairy Guard's IPO on the Hong Kong Stock Exchange, then Zhou Wuyao also believes that Fairy Guard will definitely bring a big change to the Hong Kong Stock Exchange.

Guardian’s current rapid momentum of making money and market share will definitely attract a huge amount of funds to enter the market and purchase shares of Fairy Guardian!

In this way, the weak Hong Kong stock market will definitely usher in a turning point again, and with the huge advantage of Fairy Guard, it will gradually get back on track!

Previously, Xiao Qi only purchased 20% of the shares of Wharf, which caused the Hong Kong stock market to rise sharply, and his influence has not faded for a month or two.

If Xiao Qi's company is personally in charge of the Hong Kong Stock Exchange, its influence and leading role cannot be compared to buying stocks!

But this is just a hope. Zhou Wuyao did not feel that the Hong Kong Exchange had any advantages, so when he went to inquire, it was just out of compliance with the rules. Neither he nor the senior officials had any hope.

Unexpectedly, a call suddenly came from the capital, asking him to fully prepare. He would discuss with Xiao Qi, who was about to come to Hong Kong, about Fairy Guard's IPO. Such a huge surprise was like a mountain of gold falling directly from the sky onto the Hong Kong Stock Exchange.

Zhou Wuyao and a group of senior executives were ecstatic.

The capital said so, but since they have spoken, they must have done a good job with Fairy Company. The listing of Fairy Guardian IPO in Hong Kong is almost a foregone conclusion.

For this reason, after the Spring Festival holiday, the senior management of the Hong Kong Stock Exchange began to hold frequent meetings and discussions, all of which focused on how to cooperate with Fairy Company.

When the Hong Kong stock market has fallen to the bottom and there is no sign of rebound for a long time, Zhou Wuyao and others no longer have any reserve. They just want to let Fairy Company join the Hong Kong Stock Exchange market and let Fairy Guardian become the anchor of the Hong Kong Stock Exchange.

It was only after preparations were made that Zhou Wuyao came over to invite Xiao Qi to have morning tea and have a preliminary discussion.

After all, for such a big matter, all kinds of bargaining and adjustment will take time and cannot be solved overnight.

For example, even if the big guys in the capital ask for a favor from Xiao Qi, if Xiao Qi refuses on the grounds that Hong Kong is not fully prepared, it will be difficult for others to say anything.

After two or three years, the market value of Fairy Guard is getting bigger and bigger, and the Hong Kong Stock Exchange will naturally not lose much benefit.

After they had eaten and drank enough, Zhou Wuyao asked him to make another pot of Qimen black tea, and the two drank the tea slowly.

"Qi Shao, do you have any regulations regarding Fairy Guard's IPO in Hong Kong?" Zhou Wuyao's attitude was very low, with a smile on his face. In his opinion, having Fairy Guard listed on the market is the biggest benefit.

, it doesn’t matter if you make some concessions in other aspects.

"The first point is that I require the establishment of a secondary stock structure system. Class B stocks can have twice the voting rights of Class A stocks." Xiao Qi said with a smile, "This is my prerequisite. If the Hong Kong Stock Exchange cannot do anything,

If we are satisfied, I think our subsequent negotiations will be difficult."

"No problem." Zhou Wuyao agreed, "The Hong Kong Stock Exchange is also preparing to make reforms to move closer to the world's first-class stock exchanges in all aspects. This secondary stock structure system is also our key consideration."

To get Xiao Qi's approval, the secondary stock structure system was an absolutely unavoidable topic. Zhou Wuyao and others knew this very well, so this was the first thing they discussed, and they reached an agreement without any doubt.

Agree to implement a pilot modification on this.

Xiao Qi, who had known they would compromise, added, "Secondly, I hope to set the launch date in January next year."

He did not mention the Hong Kong stock policy that requires 25% of the shares to be circulated in the market, because Fairy Company and its employees hold a total of 60% of the shares, and the remaining 40% will be owned by the IPO and underwriters. This part of the stock will eventually be generally

will be circulated in the market.

Even if some institutional investors want to hold a portion, the remainder will far exceed 25%.

Listening to Xiao Qi say this, Zhou Wuyao really frowned.

The current stock market situation in Hong Kong is not good to begin with. There is no violent downward fluctuation, but it is still fluctuating at a very small range, and there is nothing angry about it.

A stock market is not afraid of sharp rises and plummets, but is afraid of no waves. Such a stagnant water is the most despairing. Investors are usually unwilling to operate in the stock market. How can the stock market prosper?

If the stock market is not prosperous, how can the Hong Kong Stock Exchange have more power?

Therefore, at the high-level meeting of the Hong Kong Stock Exchange, everyone unanimously passed the decision. As long as Xiao Qi listed Fairy Guardian as soon as possible, everything would be easy to discuss.

At first, Xiao Qi not only had no intention of going public as soon as possible, but also postponed it until next year - now there are almost 9 months until next year, which is too long!

Of course Zhou Wuyao understands Xiao Qi's intention, which is that the Fairy Guard can only be regarded as sailing now and has not developed to its peak at all.

One year later, the IPO valuation of having 300 million paid users will be at least 3 times different from the current IPO valuation of 100 million paid users!

The listing price now is US$12 billion, and the valuation next year is US$36 billion or even higher. It is self-evident which Xiao Qi can make the most profit.

However, the Hong Kong Stock Exchange has not yet been able to object.

Are you saying that you think Xiao Qi made too much money and want to take it away so that the Hong Kong Stock Exchange and Hong Kong investors can share more?

Who is so selfless?

After considering his words, Zhou Wuyao said carefully: "Qi Shao, the market is changing rapidly, if we make a plan for one year, is it too long? If you think it is too early to go public now, we will move it to June for the IPO roadshow."

Listed, what do you think?"

Xiao Qi smiled and refused, "It's only 9 months. I predict that by January next year, Fairy Guard will have more than 300 million paying users. If it is listed by then, the sensational and wealth effects will be even greater. You will get

The benefits can also be more.”

"But the Hong Kong stock market can't wait that long." Zhou Wuyao complained, "It is already a pool of stagnant water. Let's see if the fairy guards can stir up waves and let the Hong Kong stock market set sail again!"

"June is still too hasty. A company's products cannot convince the market after only five months of performance." Xiao Qi's attitude is also very firm, "I mean one year. This is also responsible for Hong Kong stockholders."

, if I issue the issue in June, I will directly suffer a serious loss in December, isn’t this harmful to everyone?”

Zhou Wuyao laughed in anger at Xiao Qi's high-sounding words. Is it possible that the fairy guard made with your Midas touch by Xiao Qi will suffer serious losses? Hong Kong stock investors are already completely thirsty, okay?

"Then what if the Hong Kong Stock Exchange can work hard to promote Fairy Guard's IPO valuation to reach 30 billion US dollars? Can Fairy Guard be listed early?" Zhou Wuyao did not dare to get angry at Xiao Qi, so he could only throw out another tempting item.

proposal.

"You can still do this?" Xiao Qi was surprised.

"It can only be said that it is hard work." Of course Zhou Wuyao cannot speak too fully. Even if they have the ability to do it, they can only do it but not say it. "Whether it is JPMorgan Chase, Goldman Sachs, Ono Securities, Citigroup

Banks, etc., all hope to undertake Fairy Guardian's stock issuance. They are very sincere. As far as I know, if Fairy Company comes to them, their offer will definitely be far more than 12 billion US dollars. If Fairy Guardian charges in June

If the number of users can exceed 200 million, then I believe it is not difficult to achieve a valuation of US$30 billion!"

Don’t you, Xiao Qi, just want to make more money?

Is it okay if I give you a US$30 billion IPO guarantee?

As for a higher valuation...you have to let others earn some, right?

"It's impossible to reach 200 million users in June." Xiao Qi thought for a while after hearing this, and said: "September or October! But if Fairy Guardian's annual paying users reach 200 million in advance, then we can advance the time and start immediately

Preparing for the road show... Well, I will put the vice president of Fairy Company, Zhou Bo, in charge of this matter, and then IPO it directly on the market, what do you think?"

"I will ask them again when I go back, but the sooner the better." Zhou Wuyao did not answer directly, but chose to indirectly acquiesce. After all, if he went back and asked his colleagues, how could they refuse?

"You can contact Zhou Bo in advance, or you can contact the underwriters first. After the three parties have an agreement, it will be much easier to do things later." Xiao Qi suggested.

"Okay, I understand."

Zhou Wuyao finally felt relieved.

It will be half a year from now at the latest, and the Hong Kong Stock Exchange can take advantage of this time to make careful planning and arrangements, which is not too procrastinating.

Thinking of the grand occasion when Fairy Guard was listed in Hong Kong at that time, Zhou Wuyao felt a little trembling all over.

This is a subsidiary of Fairy Company. It is listed on the stock market for the first time. It is the first time to choose the Hong Kong stock market. What a big eyeball effect this has on the Hong Kong stock market and how encouraging it is! (Unfinished)

To be continued, please search Piaotian Literature, the novel will be better and updated faster!

ps: Speaking of the stock market, this period of time is really overwhelming for the daring and starving for the timid. As for small retail investors, those who are new to the market and rush hard seem to make more. Those who have experienced the previous rounds
Chapter completed!
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