game dynasty

Chapter 131 Morgan Stanley

Cao Yutong was summoned to Beijing again. Liu Xiang and Cao Yutong visited the relevant departments responsible for the state's management of overseas listings of companies. As Liu Xiang expected, the state was quite strict in this regard. []

But fortunately, due to the unique nature of the game, it is also the first game industry company to be listed abroad. After Liu Xiang submitted all the various reports of the game, he finally got the approval of the relevant leaders. After all, developing a console

And autonomous engines are a very big event for China.

It is particularly important to remind you that the decision to apply for national support for consoles and engines, which was submitted by Liu Xiang, has also made significant progress under Cao Yutong’s activities. If the 865 plan is successfully passed, the game will receive from

Part of the country’s financial and talent support.

However, this is not a good thing. There will definitely not be too much money. In fact, Liu Xiang cannot expect the government to make up for the estimated shortfall of up to two billion US dollars. And talents... are not so much here to help the game industry.

To engage in console development, it is better to master console technology. Well, Liu Xiang admires the strength of these talents.

As a modern "Five Good Youth", Liu Xiang knows very well that in China, if you don't have a good relationship with the government, everything will be out of the question. Therefore, Liu Xiang will not only obey the government's intervention in those projects reported to you, but

Or obey...

After finishing their work, Liu Xiang and Cao Yutong flew to the Shanghai Foreign Affairs Headquarters before they had time to breathe a sigh of relief. There, the head of Goldman Sachs Taiwan was waiting for them.

One thing that needs to be famous is that the impact of the bursting of the Internet economic bubble since 2000 has seriously affected the listing of all high-tech companies. Sina and Yi, which once created national miracles on the Nasdaq stock market, have not been listed until now.

It has not been able to restore investor confidence.

As the first game operator and developer in China to be listed on the market, although the game has elements such as profitability and concept, at this moment, it has to accept the sequelae caused by the bursting of the bubble. If it had been three years ago, any one

Companies with and are the darlings of the stock market and venture capital banks...

The negotiation with Goldman Sachs was pretty good on the first day. After all, as a long-established investment bank, Goldman Sachs is well-known in the high-tech field. Moreover, now that Goldman Sachs does not have enough energy to handle the listing, Goldman Sachs

It seems to be the best choice for travel.

That night.

Enjoying the cool breeze of the Huangpu River, Liu Xiang and Cao Yutong were having final discussions in the hotel suite.

The amber red wine was rippling in the goblet. While drinking the red wine, Cao Yutong leaned against Liu Xiang who was in deep thought.

"If we agree to them, we will sign the contract tomorrow so as not to worry about this matter." Liu Xiang ended his meditation and looked up at Cao Yutongnai.

"But the other party's asking price is relatively high..." Cao Yutong took another sip of red wine and turned around, "Especially the expected post-listing operations are really inconsistent with our current performance."

"What can we do? But our stocks will definitely rise!" Liu Xiang regained his smile, "Who said we were born at the wrong time?"

Yes, I was born at the wrong time, which appropriately describes You's current situation!

If it were listed again a year later, in 2004, when technology stocks were making a complete comeback, the market value of You would definitely be much higher than it is now. In Liu Xiang’s memory, Shanda, QQ, Baidu... these companies that have created miracles in overseas stock markets, can

They were all launched after 2004! Even Google, which created the myth, was launched in 2004!

"Actually, if you go by what I want, you might as well find venture capital...by selling 20% ​​of the shares, you can now get at least 800 million in funds!"

"Sell the shares again?" Liu Xiang was stunned...then shook his head firmly and murmured: "That won't work, the readers will be dissatisfied."

"What?" Cao Yutong didn't hear clearly.

"Oh, it's nothing. I mean, actually, we are not waiting for urgent money now, right? When the Internet stocks recover in 2004, it will be the time when we need permanent money the most. By then, as long as the game remains sustainable

Profit, isn't that a lot of money to be made?" Liu Xiang laughed and fooled him.

"Yeah, that's right. That's up to you. Now that you've decided, we'll sign it tomorrow, and then next month we'll be busy redistributing shares and preparing various materials and road shows. These will keep us busy for three months."

"Yes." Liu Xiang sighed helplessly and reached for the buzzing phone.

The number is from Hong Kong.

Surprised, Liu Xiang pressed the answer button. Liu Xiang was surprised when the other party spoke fluent Mandarin.

"May I ask Mr. Liu?"

"I am, who are you?"

"Oh, please forgive me, I am the chairman of Morgan Stanley Asia Pacific. I'm sorry to bother you so late..."

The room was very close and the phone was very loud... Even though Cao Yutong had no intention of listening to the content of the phone call, he could clearly understand the five words.

Morgan Stanley!

"Morgan Stanley?" Cao Yutong looked surprised.

A world-famous venture capital bank and a powerful organization under the Morgan Group, so far, none of the companies listed by Morgan Stanley have lost money on Nasdaq!

"I wonder if Mr. Liu is interested in cooperating with Morgan Stanley on the overseas listing of You International?" The pleasant voice rang again on the phone.

Taking a deep breath, Liu Xiang's eyes were already filled with smiles.

When Cao Yutong nodded to him repeatedly, Liu Xiang smiled softly.

"Of course I would, Mr. Limmonds. How about the day after tomorrow?"

"I'm honored that Mr. Liu knows my name. I'm afraid it won't be possible the day after tomorrow, because the person negotiating with Mr. Liu is mrymeeker."

Cao Yutong suddenly felt flattered...