My 1999
Chapter 664 A two-pronged approach
"Super rich Xu Liang wants to establish the Eastern 'Nasdaq'."
It has only been two days since the last time the media exposed Xu Liang's forced restructuring of the Hong Kong Stock Exchange, and the heat has not dissipated.
The front page headlines of Xiangjiang Sina exploded instantly as if a ladle of water was added to a pot of hot oil.
Not only Hong Kong, but also Singapore, Wanwan, Japan and South Korea have received news reports.
The reporters who were watching the excitement and were not afraid of big troubles couldn't find Xu Liang, so they approached Hanhua's headquarters in Xiangjiang. They had already received instructions from Xu Liang, so of course they gave their approval.
"Director Chen, is it true that Mr. Xu Liang applied to establish a stock exchange in Hong Kong?"
Hong Kong Financial Secretary Liu Zhengxun nodded.
"Yes. We have received the other party's application report."
"Will you agree?"
"We are still studying it. However, Xiangjiang is a free capitalist society. As long as it does not violate the law, we welcome anyone to invest here.
Mr. Xu is a world-renowned entrepreneur and financier. I believe he has the ability to do well in the stock exchange. "
Liu Zhengxun is an investor in Hanhua and has invested US$300,000 each in Pacific and Qinglong funds.
He may not help Xu Liang persuade the Hong Kong Stock Exchange, but there is still no problem in singing praises and meeting a few small and easy demands of the other party.
"So you tend to support the other party?"
"Yes."
Snapped!
Li Yeguang picked up the remote control and turned off the TV.
Looking at all the board members in the room, their expressions were serious.
"Everyone, you are all clear about the matter. What are your opinions?"
"I think we should negotiate with Xu Liang and accept the other party's suggestion..."
"I don't agree." Zhou Wenyao interrupted mercilessly, "It's no longer 20 years ago. Building a stock exchange from beginning to end is no longer something that one person can do, even if he is a former Forbes Even three millionaires are impossible.
So there is absolutely no need for us to be nervous, let alone compromise. "
"Lao Zhou, I won't argue with you. I have a piece of data to share with you."
The person who had been interrupted earlier produced a document.
“Everyone here knows that Hanhua is the world’s largest private equity fund and is undoubtedly the number one in the field of hedge funds and private equity.
But few people know, or what few people outside the circle know, is that Hanhua is also the largest venture capital institution in China.
So far, they have six in China, five in the United States, and a total of 16 venture capital funds worldwide.
Among them are well-known companies such as Netflix, Zappos, and Expedia Travel.
As a Chinese venture capital company, this is also the place where Hanhua Venture Capital invests the most, according to information from Hanhua's official website.
Currently, their six funds have invested in 357 companies (including incubators) in four years, including well-known Internet companies such as Alibaba, Penguin, Dangdang, and 51job.
In addition, Hongmeng, New Dream and other companies have not yet been listed.
It can be said that only one company, Hanhua, can support a stock exchange. "
"Hmph, that's too alarmist. How many venture capital-invested companies can go public? Even Sequoia Capital, the world's most famous venture capital company, has only a 20% chance of being successfully listed.
Moreover, in addition to listing targets, the most important thing for a stock exchange is to have enough investors. I don’t think investors will believe in a new stock exchange that focuses on playing with concepts, and listed companies do not need to make profits. "Zhou Wenyao said directly.
"It's too arbitrary. Given that there is already a successful example like Nasdaq, the new exchange will definitely attract investors who are interested in Internet and technology stocks.
It may be a little deserted at first, but as long as it develops, there will always be times when it rises.
By then, it will be too late for us to regret it. "
The 13 directors were divided into two groups, one supporting Zhou Wenyao and the other supporting compromise.
Li Yeguang, who was sitting in the middle, was also in a dilemma.
After saying, "Go back and think about it carefully," the meeting ended.
come back to the office.
“Will the company’s stock price be affected?”
The secretary shook his head, "It has increased by 0.5 Hong Kong dollars compared with yesterday. There is no big change overall."
"Up?"
"Yes."
Instinctively, I thought it was a bit strange. Once the news about Xu Liang's application for building an equity exchange came out, it should have depressed the company's stock price.
Just about to ask again.
The phone on the table rang.
After the secretary picked up.
"Chairman Li, this is the chief executive's phone number."
"give it to me."
After taking it over.
"Li Sheng, it's me..."
After the phone call, Li Yeguang had forgotten about the stock price.
Heavy pressure filled his heart. Although the chief executive only asked about the results of the board meeting, he did not express his opinions.
But at this critical moment, silence itself is permission.
——
After seeing that it was almost time, Qiu Yushan simply packed up and prepared to get off work.
As a non-executive director of the Hong Kong Stock Exchange, he has always wanted to promote the reform of the Hong Kong Stock Exchange and allow Internet and technology companies with dual-class share structures to be listed.
But after all, he had just joined the board of directors not long ago and his foundation was shallow.
So I appealed several times without success.
The appearance of Xu Liang this time gave him an opportunity to promote the reform of the Hong Kong Stock Exchange, but he did not expect Zhou Wenyao to be so stubborn and refused to agree.
Sighed.
When I arrived at the underground garage, I was about to drive home when my cell phone rang.
When I picked up the call, I saw it was an unfamiliar number.
But it didn't look like a harassing call, so I hesitated and answered it.
"Hey, who's there?"
"Mr. Qiu? I am Xu Liang."
"Xu...Liang?!"
He was about to exclaim, but he suppressed it immediately after reacting.
Fortunately, he was in the car and did not attract the attention of the people around him.
"Hello Xu Sheng."
"Mr. Qiu, would you like to have a casual dinner together tonight?"
"Of course. It's an honor to receive your invitation."
"I'm in Box 3 of the Jiawei Restaurant in Central."
"Okay, I'll be there right away."
"See you soon."
"See you soon."
Xu Liang hung up the phone.
"Mr. Xu, do you need me to go out and pick him up?" Lu Hui said.
"No, you're too eye-catching."
"Old Chen, go ahead."
A bodyguard in the corner nodded and turned around and walked out.
Not long after, there was a knock on the door.
The bodyguard opened the door and led a middle-aged man in a brown suit and black-rimmed glasses to walk in.
Xu Liang greeted him with a smile.
"Qiu Sheng."
"Hello, Xu Sheng, hello."
Qiu Yushan was flattered and took Xu Liang's extended hands.
"Please take a seat."
After the two sat down.
"I don't know Mr. Qiu's taste very well, so I only ordered their signature dishes. If Mr. Qiu likes anything, I'll ask the waiter to add it."
"No, no, I like all the meals Xu Sheng ordered."
Qiu Yushan had known for a long time that the other party was very young. He originally thought that he could remain calm and steady in front of a young man in his early twenties, but he only discovered it when he actually faced the other party.
This world-class rich man seemed to have an innate domineering power in his tall and strong body, which made him feel great pressure. While he subconsciously maintained respect, he became nervous unconsciously.
Gulu….
Lu Hui poured two glasses of sobered red wine for the two of them.
"When we meet for the first time, I'd like to toast Qiu Sheng."
Qiu Yushan quickly picked it up, gestured from a distance, and took a sip.
Xu Liang continued to greet and eat food.
Wait until the wine has passed three rounds and the dishes have passed the five flavors.
"I heard that Mr. Qiu on the board of directors of the Hong Kong Stock Exchange has always supported dual-class share reform?"
"Yes. The vitality shown by the Nasdaq stock market has clearly demonstrated that dual-class share reform is a major trend in the future. Even the most stubborn New York Stock Exchange is also planning reforms.
The Hong Kong Stock Exchange should follow Nasdaq's footsteps and reform in advance so that it can compete with East Asia, especially Chinese Internet and technology companies, from the other side, and continue to maintain the Hong Kong Stock Exchange's status as Asia's financial center. "
Bang bang….
Xu Liang applauded.
"Sheng Qiu's words really speak to my heart. Come, let me toast you."
"You're welcome."
Putting down his wine glass, Xu Liang sighed: "It's a pity that there are too few geniuses with long-term vision like Mr. Qiu on the board of directors of the Hong Kong Stock Exchange. Most of them are old diehards who live on their own and cling to their old ways."
Qiu Yushan nodded, "It would be great if Xu Sheng could be in charge of the Hong Kong Stock Exchange."
Xu Liang smiled slightly, "What does Mr. Qiu think of our Hanhua Fund?"
"Excellent and unique in the world."
"But you don't seem to have invested?"
“Your starting investment standards are too high. For the two funds Pacific and Qinglong, the starting investment standards are as high as US$5 million.
The starting investment standard for Xuanwu Asia Fund is US$1 million.
Although I have saved a lot of money after working for more than ten years, I still can’t afford so much working capital. "Qiu Yushan said regretfully.
"Sheng Qiu and I hit it off. If you don't mind, I can lend you 10 million US dollars privately. This money will be put into the Xuanwu Singapore Fund, which is still raising funds. After three years of investment, the fund was unblocked. This money All earnings generated by the money will be transferred to your private account.”
Qiu Yushan was shocked.
He knew that Xu Liang must have his own purpose in inviting him alone.
Now he understands.
It's tens of millions of dollars in one sale.
Hao.
Too arrogant.
Although I can only get the profit of this money.
However, Hanhua disclosed the profit performance of its private equity unit in the past two years.
They can achieve at least 5 times revenue in one year, and 15 times in three years.
After the fund is unblocked, he will receive at least US$70 million in pre-tax profits.
Of course, this is the previous performance of Hanhua's private equity department, and it may not be maintained in the future.
After all, investing is risky, and private equity investing is even more risky.
But Hanhua’s super performance without a single failure in the four years since it entered the private equity field has given too many people confidence.
So does he.
Moreover, to say the least, it would be a total loss.
He didn't lose a dime either.
Just ask.
Who can resist this kind of fat that reaches the mouth?
He swallowed, his face showing tension and excitement.
"Xu Sheng, are you serious?"
Xu Liang waved his right hand, and Lu Hui placed the contract he had prepared before in front of him.
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