Global Monopoly of Technology

With the end of the dialogue forum, major media also began to report, but the most popular on the Internet is the various golden sentences that Luo Sheng broke out at today's summit, which spread all over the Internet on the same day, and netizens frantically participated in the joke. of the army.

However, when these topics were hotly discussed outside, Luo Sheng had already been invited to a dinner party that night and met a group of special people.

Dinner.

There are nine people sitting on a table, more than half of them are foreign faces, and even Arabs are listed, but even so, they still drink, and this is not the Middle East world.

"Mr. Luo, let me introduce to you..." The CEO of the HK Securities Regulatory Commission, the host, introduced Luo Sheng to the unfamiliar faces he was not familiar with one by one with a smile. , unsurprisingly, these people should be the big buyers of Bluestar Technology's listing in Hong Kong.

The first person to introduce is the head of the Norwegian Global Pension Fund, which is currently the world's largest sovereign fund with total assets of $785.2 billion, equivalent to 1.52 times the country's GDP. The fund is funded by oil and gas. All income from the industry, 60% of the fund's assets are invested in stocks and the rest is used to purchase Treasury bonds and real estate.

The second is the Shater Sovereign Fund, with a total of 675.8 billion US dollars, equivalent to 94% of the country's GDP. The main source of funds is oil export revenue. The fund's investment strategy and asset composition have not been announced to the public.

The third is the Abu Dhabi Sovereign Fund, with a total amount of 627 billion US dollars, equivalent to 2.53 times the country's GDP. The fund can receive 70% of the annual budget surplus and dividends from the national oil monopoly giant Abu Dhabi National Oil Company. The fund 75 More than % of the assets are managed by foreign investment funds, which are mainly invested in the stocks of companies in developed countries and US government bonds.

The fourth is Kuwait's sovereign fund, with a total of $386 billion, equivalent to 2.09 times the country's GDP, and the fund can receive about 10% of the country's income every year. The shares of Daimler AG, BP and Bank of America Merrill Lynch Financial Management are important investment projects of the fund.

The fifth is the HK Monetary Authority with a total of $326.7 billion, equivalent to 1.24 times the region's GDP.

The sixth is Singapore's Temasek Holdings Limited, with a total value of US$173.3 billion, equivalent to 63% of the country's GDP. More than 70% of the company's assets are currently invested in Asia-Pacific companies, mainly financial and transportation companies.

The seventh is the Singapore Government Investment Corporation, with a total value of 285 billion US dollars, equivalent to 1.03 times the country's GDP, the company's funds are mainly invested in real estate and infrastructure and stocks.

With the introduction completed,

Luo Sheng secretly sighed in his heart that the country has the means, and it can be seen that there must be a lot of effort behind the scenes to get the seven major sovereign funds in the world.

It can be seen from this that the country has successfully listed in Hong Kong this time for Bluestar Technology. It can be said that it is an all-round escort rhythm. Before this, no private company has ever had this kind of treatment.

However, this time, no domestic sovereign funds participated. For example, the National Social Security Fund and the State Administration of Foreign Exchange actually wanted to participate in this gluttonous feast.

But it was rejected in the end, because the State-owned Assets Supervision and Administration Office was already the largest shareholder of Bluestar Technology. It currently holds 25% of the shares. It sold 3% of the shares some time ago, and cashed out 24.9 billion US dollars.

At the same time, one thing that cannot be ignored is that the country has made such great efforts because it is the largest shareholder of Bluestar Technology.

Obviously, Wall Street once held more than 65% of Bluestar Technology’s stock, but now it’s less than 20%. In the future, after Bluestar Technology completes its simultaneous listing in Hong Kong, Wall Street’s influence will certainly not be as strong as before.

At the end, the chief executive of the HK Securities Regulatory Commission smiled: "The restructured Hong Kong stock market will support the provisions of different rights for the same share. Bluestar Technology goes public in Hong Kong, and the IPO is a public offering. These seven major sovereign funds are pre-determined and will subscribe for the total amount. The raised funds of $24.5 billion, excluding the subscription amount of other subscription accounts and retail investors, have already created a new record for IPO. At the same time, the seven sovereign funds have promised to buy an additional 1% of the BTC treasury from your company. Shares are held for the long term to ease your company's debt burden."

This means that on average, each of the seven sovereign funds has to pay a huge subscription capital of 3.5 billion US dollars, and at the same time they all buy 1% of the shares to hold, each sovereign fund here will pay 8.3 billion US dollars, a total of each sovereign fund. To pay 11.8 billion US dollars.

The subscription amount of the IPO plus the amount of treasury shares purchased, the seven sovereign funds will bring a total of 82.6 billion US dollars of cash flow to Bluestar Technology, which is undoubtedly an astronomical figure.

Once the money arrives, Luo Sheng can basically conclude that he does not need his family fund to come forward, and he can continue to hide it and solve the current financial problem of Bluestar Technology.

With this money, Bluestar Technology's book cash will be close to the terrifying scale of 300 billion US dollars, and its debt level will directly drop from the high-risk zone to the safe zone.

While it is able to pay off its debts, it also has extremely sufficient liquidity to advance the three strategies of the US$150 billion scientific research budget, expanding business in the mainland market and developing emerging market economies.

Luo Sheng said with a smile: "To be honest, the company has already resolved the issue of Bluestar Technology's IPO in Hong Kong. We intend to raise 29.7 billion US dollars from the society, and the seven sovereign funds have already solved the 24.5 billion US dollars. I am very much looking forward to this IPO.”

After speaking, everyone clinks glasses with each other.

The vice president of Norway's sovereign fund said with a smile: "US stocks are strong like forests, and they do not have scarcity. You can grab a lot of companies of the same type in US stocks, and lack of scarcity means that there is no premium. Compared with In terms of U.S. stocks, there are still too few strong companies in Hong Kong stocks, and Bluestar Technology Group’s listing in Hong Kong is scarce.

These words are so straightforward that they are so blunt. In fact, they are already very explicit.

Scarcity means that everyone thinks that you stand out from the crowd, so they will give you a high premium, and the agency will bring you leeks under their command to fry you to the sky, until your mother doesn't know you.

This is the fundamental reason why the seven sovereign funds dare to spend 11.8 billion US dollars in the subscription amount, because there are huge profits.

Luo Sheng dared to make sure that if Bluestar Technology were to be listed in Big A, it would be fired to a rhythm that even his mother didn't know. After the listing, the daily trading limit closed, and the total market value went straight to over RMB 12.5 trillion. Absolutely nothing unexpected.

You must know that Bluestar Technology was once fired to a high of 1.7 trillion US dollars in the US stock market, and it is not easy to break through 2 trillion US dollars in the "independent market" big A listing?

Fortunately, Bluestar Technology really can't be listed on the big A, which is almost equivalent to rejecting foreign capital, because it is easy for foreign capital to come in and it is difficult to go out, and foreign capital can't stand just a price limit. Taking a step back, even Luo Sheng can't stand it. Said he didn't dare, even if the god Buffett went to the inner place, he would have to lose the rhythm of pawning his bottoms.

For Big A, you still have to be in awe.

Bluestar Technology sits on the Hong Kong stock market, protects the financial stability of one side of the country and faces the world, which is not very good.

This dinner is considered to have reached a consensus on the general direction of Bluestar Technology's listing in Hong Kong. The specific release of the prospectus and IPO listing will be either the second half of this year or the beginning of next year. During this period, these internal information will be limited to these people, and will not be published to the public. spread.

After all, as long as the day before the IPO listing, there may be uncertainty. These sovereign funds are not stupid. They will suffer losses if they reveal in advance that they will push up the stock price of Bluestar Technology. This involves a huge amount of 11.8 billion US dollars. trade.

...

the next day.

Luo Sheng continued to brag with the industry leaders at the IT summit. The summit exchange meeting will not end until tomorrow, but his itinerary for Pengcheng will end today, and he will take his own special plane home that afternoon.

At the same time, Qin Weimu arranged for a subordinate named Cao Yi to approach Zhang Yiming, the founder of Toutiao, as a VC.

Cao Yi went to perform this investment task as the general manager of Anaheim Asia Technology Ventures in North America. Anyway, the behind-the-scenes leaders above arranged the task in this way.

...

capital.

In a business car, Cao Yi's assistant and secretary entered the car and handed a document to his immediate boss: "Mr. Cao, we have completed a comprehensive research and evaluation of Zhang Yiming's information, and this is his evaluation. Report."

Cao Yi took it over and asked, "How do you evaluate it?"

Assistant: "Since he started 99fang.com, within a year, the data has jumped to the number one real estate mobile terminal. Along the way, Zhang Yiming can continue to improve in the areas he is good at and maintain his advantages. In the areas he is not good at, slow down. He improves slowly. In addition, he is very stubborn, and it is up to him to make a final decision when disagreement with him occurs on every board of directors. Regardless of success or failure, he will review the game and accumulate experience and lessons through self-examination, which makes his judgment more accurate every time, and the pattern is also more and more expansive."

At the same time, Cao Yi, who was browsing the report, muttered to himself: "Is this the vision of the headquarters? It seems that Zhang Yiming has always dreamed of being a big company in a big industry... let's go. , to meet the entrepreneur."

Cao Yi closed the materials and immediately ordered the driver to drive to the current office address of Toutiao.

...