1991 Starting from the core

"You won't let us finish it now, will you?"

Sun Xihui's eyes almost dropped to the ground when she looked at the prospectus, which was as thick as a Xinhua dictionary.

Good guy, he has the nerve to take out three or four hundred pages of documents at this time.

"You can just take a few glances and look for the key points at the back. But this is just a preliminary plan." Su Yuanshan scratched his head, feeling that it was really unrealistic for them to finish reading this.

But Oaktree Capital, which they newly established in Hong Kong, will be the most solid backing for Deyuan and Hongyuan's listing in Hong Kong and will be responsible for the existence of bottom-up subscriptions.

In the past month, Jiang Qingchuan and Zhang Rujin have dealt with relevant domestic and Hong Kong departments several times, and finally determined the roadshow time as July 15th and the IPO time as August 10th.

As a normal company, it is obviously not a wise choice to choose to list in Hong Kong at this moment - in the current financial crisis, both ordinary investors and institutions are full of pessimism about the future of Hong Kong stocks and even Hong Kong. Not to mention how much money can be raised, maybe even the IPO will be completed...

But Deyuan and Hongyuan are obviously not the kind of companies that can be viewed with "normal eyes".

Their rise is closely related to Yuanxin, and each represents the most advanced industrial capabilities in the mainland and even the entire Asian region.

To put it bluntly, in Asia, in their domain, they can do whatever they want.

…

"According to feedback from the HK Stock Exchange, once Hongyuan and Deyuan can be listed, they will be directly included in the evaluation of Hang Seng Index constituent stocks." Su Yuanshan sighed: "It's a pity that we can't enter the Hang Seng Index before the settlement date...otherwise , hum."

Currently, the 33 constituent stocks of the HK Hang Seng Index are the most short-selling stocks, because their stock prices determine the rise of the Hang Seng Index - but Su Yuanshan knows that next month, the HK government will directly enter the market to fight, how many Hang Seng Index stocks will the Air Force sell? , the HK government will accept as much as it takes. And a year later, as the economy recovered, each of these constituent stocks soared, so much so that the HK government's profit rate on these constituent stocks exceeded 80%...

//Note: The constituent stocks of the Hang Seng Index are dozens (33 at the beginning) of outstanding stocks selected by the Hang Seng Index to represent the price trend of the entire Hong Kong stock market. These stocks are the constituent stocks of the Hang Seng Index, also called blue-chip stocks. They are also called large-cap stocks in China (the ones that best express the trend of the market).

However, whether they are included in the constituent stocks or not is secondary. The listing of Deyuan and Hongyuan at this time is mainly to give investors confidence and stand up for HK.

As for whether they can complete the IPO... that's not what they have to worry about.

…

Qin Si is different from Sun Xihui. She is a financial professional and has been responsible for managing the Xinghai Fund. She can see these things easily and knows what is important and what does not need to be looked at.

"Deyuan will raise 12 billion Hong Kong dollars this time, and Hongyuan will raise 8 billion Hong Kong dollars. This alone is 20 billion Hong Kong dollars." Qin Si shook his hair suddenly: "This is a forced increase of Hong Kong dollars, but on the market There are too few Hong Kong dollars in circulation. Moreover, Deyuan’s valuation is slightly low.”

"So we have to force those who are willing to believe in Deyuan and Hongyuan, and those who are willing to believe in Yuanxin to believe in the Hong Kong dollar." Su Yuanshan's tone was indifferent, but he showed unquestionable strong confidence.

Not to mention Hongyuan, it is purely relying on process and scale expansion to dominate the Asian OEM market.

But Deyuan relies on technology and is at the top of the semiconductor industry.

Just yesterday, Deyuan has started trial operation of the 0.25 micron process - as long as you have some brains, you should understand what the 0.25 micron process means today.

That means that Deyuan has officially become the first echelon in the process field, rather than "catching up".

Before it, only Intel was still leading.

If this doesn't win investors' confidence, they deserve it.

"By the way, Xiaoshan... do you really believe that HK will not collapse and the Hong Kong dollar will not collapse?" Qin Si stared at Su Yuanshan.

You know, from an investment perspective, this is playing with fire.

If the Hong Kong dollar is strong, it will be fine, but if the Hong Kong dollar depreciates like the Thai baht... then what Deyuan and Deyi raise will be a pile of waste paper.

"I'm sure, definitely, and definitely."

Su Yuanshan's eyes were firm, thinking of the attitude shown by his leader in front of him when he went to Beijing last time.

"Sister Qin Si, if you play with finance for a long time..."

Su Yuanshan held back what he said next.

"Okay, let's put it this way. HK has just returned and the financial sector has been completely defeated. What does this mean? It means a naked slap in the face."

"International hot money thinks that financial behavior can explain everything and dominate everything, haha... They are about to see what it means to be a hooligan."

Qin Si was startled: "Who is playing hooligan?"

Su Yuanshan did not answer directly, but asked: "You didn't go north secretly, did you?"

Qin Si was startled again, and twitched in embarrassment: "I prepared some pocket money to play with Julian Robertson..."

When Su Yuanshan heard this name, he was suddenly startled: "...Tiger Fund?"

"Um."

"Okay." Su Yuanshan sighed lightly.

Mao Zi is so unreasonable... These international hot money dare to go there, I'm really tired of living.

At the beginning of this year, Tiger Management was a giant hedge fund that was as famous as Quantum Fund and managed more than 20 billion US dollars. But first it failed in the Japanese yen, and then it was shut down and beaten by Maozi... Finally, I returned to Silicon Valley in despair, trying to buy some technology stocks to get rid of the bad luck.

But unexpectedly encountered the Internet bubble again...

How do you say that?

When you have bad luck, you have to put cold water between your teeth.

As a result, a huge fund empire collapsed.

After sighing, Su Yuanshan said: "If it is really pocket money, then forget it and treat it as a lesson. If not, then come out now. If you don't lose, you will make a profit."

Qin Si immediately became nervous: "Is it true or false? There is no way Russia can stop it."

"But you can't stop people from acting like hooligans! Do you believe that Russia will immediately introduce policies to directly restrict transactions and stop settlement? Don't believe it. If I were the leader of Russia, I would do the same thing - I have already put myself in shock anyway. Are you still afraid of pretending? die?"

Seeing Su Yuanshan's heartbroken look, Qin Si suddenly became flustered.

As the property agent of Su Yuanshan and Gates, two extremely wealthy people, she certainly could not go against Su Yuanshan's will. But that doesn't mean that even her own wealth must be controlled by Su Yuanshan.

She had always believed that Su Yuanshan's refusal to go north was mainly because he wanted to be prepared to take care of Deyuan on HK's side - as long as HK could hold on to Su Yuanshan's judgment, the rewards would undoubtedly be huge.

Unexpectedly, Su Yuanshan would think that Beibei would act rogue.

After thinking about it for a few seconds, Qin Si made a decisive decision and took out the phone.

…

Ten days later, Hong Kong Exchange Plaza, 8 Connaught Place, Central, Hong Kong Island.

Since the financial crisis hit, few red-shirted guys coming in and out of the trading hall have gone out with a smile.

But today, the gloomy clouds seem to be a little thinner.

A late trader walked into the hall excitedly holding a copy of "Hong Kong Economic News", ready to bring good news to his colleagues. Unexpectedly, all the traders in the hall who were waiting for the market to open were already talking about it.

Almost everyone has a newspaper in front of them.

And the headlines on every newspaper’s front page read:

--"Extra! Technology giants Deyuan and Hongyuan jointly went public in Hong Kong! 》