Rebirth of the Official Business Route
Chapter 1082: The report is weird
Rebirth of the official road business chapter 1082 report is really weird (seeking monthly pass)[]
What is eye-catching in the industry is. At a time when the media and the industry questioned Kumho's 900 million U.S. dollars. Microsoft was not irritated as expected. But after ten days of silence. Microsoft products opened the door and announced that it will start formal business with Kumho Corporation North America on the issue of equity transfer.
Microsoft’s previous silence and subsequent statements indicate that although the $900 million price tag is similar to their previous imagination, there is still room for discussion after calm thinking. Fastest update of novel chapters
This fact is even more unbelievable than Kumho’s offer of 900 million U.S. dollars for% equity. Whether it is the public or the media. Still a professional in the industry. Still a scholar in economics. They were all taken aback by this. In their imagination. The Kumho Lion opened his mouth wide. Microsoft should teach the greedy Chinese companies who don't know good or bad. How can you sit down and negotiate?
Some time ago. When Yaxun wanted to acquire the entire equity of Global Music Online in the hands of Kumho. The entire equity of the website is only given a valuation of approximately US$400 million. Almost everyone thinks that Amazon has given a sufficient overestimation.
Who would have thought that Kumho flatly rejected Amazon's offer. In the subsequent offer to Microsoft. Actually. Raise the entire equity value of Global Music Online to 3 billion US dollars! "Fiction" novel chapters are updated fastest
No matter how. Even if the talks are done, there is still some way to go. Microsoft's public statement has already had a huge impact.
The share price of Gaobai, which owns 10 shares of Global Music Online, was soaring on the day of Microsoft's announcement.
If it is a deal between Microsoft and Kumho. The capital appreciation of Skopers is nearly 300 million U.S. dollars. This is definitely a huge stimulus for Skopers, which had a net profit of only 200 million U.S. dollars in 1998.
East Electronics was affected by this news. The price of stocks listed and traded on the Tokyo Stock Exchange also rose to a certain extent. It's just that the influence is much smaller than that of Skobor. After all, the scale of Toshiba Electronics is not comparable to that of the emerging technology company Skopje; the news has even less impact on Microsoft's stock price.
The most incredible. The day after Microsoft's public statement. The new technology sectors of the two domestic cities rose collectively. Nearly 50 new technology themes rose by 5% every day. Many new technology stocks, including Haisu Technology, were once again closed to the daily limit.
Since early May, the central government has jointly promoted the securitization of new technology companies. The domestic stock market started in May after two years of sluggishness. Driven by the strong momentum of the new technology theme sector, it has begun to grow rapidly. The number of markets closed in May once fell below 1,000 points. Mid-October. The Shanghai Stock Exchange Index doubled. The formation of a big bull market rarely seen in recent years. Haisu Technology's stock price has doubled in the past six months. It's just that the stock price of sT Jiangyuan Pharmaceutical was low before the backdoor. Even if the stock price has risen nine times. The total market value is still only 3.2 billion.
Although the domestic financial media and securities review agencies are desperately advocating that Haisu Technology's stock price is far from rising. Touted the exhibition space and potential of the new technology industry. But it is not without voices of doubt.
The Kumho Economic Research Center wrote an article on the Finance Channel through which it pointed out that new technology Internet companies generally lack actual performance support and tend to bubble heavily.
Kumho Economic Research Center has always been behind the scenes. Provide intellectual support for the industrial exhibition of the lake. Research results are only circulated internally. It is rarely disclosed to the outside world. This is the time to submit periodic economic research reports to the public media. The public doesn't know which green onion the Kumho Economic Research Center is.
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"What the **** is going on? In North America, 30% of the equity of a broken website in North America is asking Microsoft for 900 million US dollars. In China, there is an Internet economic bubble. Doing a **** thing but having the face to set up an archway!" Lin Xuejiang The newspaper fell on Wang Haisu's desk. Sitting with his slender hips in front of the falling window. The sun shines through and falls on her snow-white skin.
Wang Haisu stood up a little frightened. Although he felt that Lin Xue, standing in the sunshine, looked very beautiful. But Wang Haisu absolutely did not dare to treat her as an ordinary beautiful woman. I took the newspaper to read the original Hai Securities News reprinted the article by Kumho Economic Research Center. He read this article on Quantum Online's website last night. After reading it, my heart is also very tangled.
Kumho Economic Research Center can hardly talk about anything in China, but I didn't expect that the Shanghai Securities News would reprint this article on the front page. This is definitely a blow to the hot new technology themes in recent days.
"Would you like to contact Mr. Yan?" Wang Su asked.
"No. If it wasn't for Yan Wenjie to call me. I'm still sleeping in bed." Lin Xue stared out the window. The vision crossed the Yangui Lake without hindrance. Watching Yan return to the north shore of the lake. It's the golden autumn season again. She did not deny it either. The oak garden after entering is the most beautiful time of the year. Of course, she did not hinder the hatred in her heart at all.
What about resentment? In 1997. Still thinking of using some means to pull Kumho's hind legs. what's the matter. I can still count on Hu Qing to help me wipe it out—think of this. Lin Xue was bitter again in her heart. Hu Zongqing is a pervert. I really like to help women wipe the **-Hu Qing can only be a tortoise in front of Kumho at this time
Lin Xue previously thought that the Horizon Group, supported by a strict family, could compete with Kumho in China. It doesn't seem to be reliable now. She didn't dare to tease Kumho at this time. He even hoped that the person could see some little grudges before him. Wang Haisu proposed to acquire Chuangyu’s Internet cafe assets. Lin Xue also wished that this was an opportunity to relax the relationship. But the article published in the securities newspaper made her angry again.
Wang Haisu couldn't understand Lin Xue's thoughts. Asked: "What does Yan always mean?"
"Yan Wenjie said that it will be better..." Lin Xue said. "I didn't explain why. I thought my old lady was an economist."
"I also think it takes a little longer." Wang Haisu dared to express his opinion. Said. "If the waves rush too hard, they will be weak in the follow-up..."
"Are you saying that Jinhu's article is still ours?" Lin Xue turned around and frowned at Wang Haisu.
"We need to implement a public shareholding increase plan. We will have to wait until after next year at the earliest," Wang Haisu analyzed. Haimiao was backdoor listed in mid-May this year. In accordance with domestic regulations. It takes twelve months for a backdoor listing to be able to raise new shares in the open market for financing. The final steps of their plan can only be implemented after mid-May next year at the earliest. "New Technology Theme
It has continued to rise for several years. It will continue to increase until next year. The possibility is relatively small. There needs to be one or two adjustment periods in between. I feel that I should make adjustments at this time. It's still good for us:..."
"Uh..." Lin Xue wrinkled the bridge of her straight nose to test her comprehension. I still have to come to thank you? "Wang Haisu looked quite moved when she saw her. He had the courage to appreciate this femme fatale. "I heard that the Kumho Economic Research Center has been working hard to become an independent research institution." "Wang Haisu said. He has been in contact with Du Fei and the others more during this period. More or less he can know more about the inside story." Said. "The Haiqing Industry Group will officially go public in two days. I don’t think the Kumho Economic Research Center needs to be maliciously expressing crisis theory to suppress the stock market at this time..."
"I believe that the Kumho Economic Research Center is an independent research institution. I might as well believe that the old sow can climb trees!" Lin Xue said with frowned. She is always very wary of Kumho. The first experience of relentless rejection undoubtedly made her remember deeply. She never thought of a young man under the age of twenty who could resist her temptation. What's more, she saw disgust in Zhang Ke's eyes and cut her heart severely, and it was painful and unforgettable.
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Shi Weizhong has been in the office early. There is also the latest Shanghai Securities News on the desk. He saw the text on the front page. Also taken aback.
Shi Weizhong considered for a while. Decided that Li Mingxue called and thought about the microphone for a while before giving up. It is not too late for Li Mingxue to come to the meeting in the morning to discuss the situation. There is no need to be too anxious.
That way, I will show that I can't hold my breath. Let's listen to what's behind it. It's better to find Xu Si directly.
Hailian Light Industry Group, the first listed company under its umbrella, will officially list its shares on the Shanghai Stock Exchange in two days. During this time, Shi Weizhong paid special attention to the dynamics of domestic and foreign securities markets, although there is no precedent for the failure of new banks in China. But I was still a little worried when I waited for the moment to come.
Since the city agricultural machinery factory was profitable four years ago. At this time, Hailian Light Industry is already a large and medium-sized group enterprise with seven wholly-owned shareholding subsidiaries with annual net profits of 100 million yuan. After the fall of 1998. A focus of the financial work of the State Council is to vigorously promote the securitization of state-owned enterprises by the central government and other parties. Let the state-owned enterprises in the securities market have the important task of financing. Haizhou City, which has mature economic conditions, has also been allocated three listing quotas. Hailian Light is fully and relatively adequate in all aspects. The city has arranged Hailian Light Industry to go public first.
The final plan in the city is for Haizhou Holdings to be listed. But the overall profit of Haizhou Holdings in 1998 was as high as 1.7 billion. The ratio of new shares at 3 times the price-to-earnings ratio of 30%. The overall listing of Haizhou Holdings has absorbed 15 billion yuan in the securities market.
In 1999, the Shanghai and Shenzhen stock markets under the background of the bull market, the total daily transaction volume was less than 40 billion. Obviously, it is unable to withstand the capital power brought by the overall listing of Haizhou Holdings; it is also impossible for the Securities Regulatory Bureau to watch the cake on the stock market swallow such a large piece of the business in Haizhou.
Hailian Light Industry, which has an annual profit of 100 million yuan, first goes public and raises 1 billion yuan for the construction of new projects. The scale is right. The city also plans to further reduce the proportion of state-owned equity through a public listing. Let the management and foreign shares hold more than half of the public shares.
Although there are some doubts. To say that the city government allows management to hold shares is to sell state-owned assets at a low price. But the city's thinking in recent years is very clear. I also know where the focus of economic work is.
In terms of fiscal revenue. Taxes contribute the most. Hailian Light Industry has a net profit of 100 million yuan in eight years. When dividends are distributed after the year. After deducting the reserve of the provident fund. Donated 30 million in revenue to the municipal finance, but the total tax paid by Hailian Light Industry in 1998 was close to 200 million. Among them, the municipal government has set aside 80 million yuan.
Thirty million or 80 million is more important. This is a clear thing.
Shi Weizhong locked himself in the office and read the newspaper until Li Mingxue's deputy mayor Huang Zhuquan came over. Then he put down the newspaper and went downstairs to greet him. He believed that Li Mingxue Huang Zhu should have read today's Shanghai Securities News. They can calm down and step over to participate in the final meeting before the listing. He didn't need to show timidity.
Shi Weizhong went downstairs. Li Xue and Huang Zhuquan have entered the hall. Stand there and talk. Li Mingxue carried his hands behind his back. What I hold in my hand is today's Shanghai Securities News. Shi Zhong walked over to shake their hands. With a smile, he asked, "Huang Chang and President Li have read today's newspaper?"
"Oh, this newspaper was also shown to Mayor Huang by Secretary Liu during the meeting in the morning." Li Mingxue handed the newspaper to Mayor Shi Weizhong. Mayor Huang just showed it to me..."
Liu Wentao came to Haizhou to be the top leader without a reputation. Whether it is the secretary's office, the standing committee or the whole committee. Haizhou is one piece of iron. In addition, there are the constraints of the Municipal People's Congress. The province also did not support Liu Wentao's efforts in the sea.
in addition. No one maliciously hindered Horizon's desire to harvest Jincheng's properties in Haizhou. At least the contradiction between Kumho and Horizon has not seen any deterioration in Haizhou. Horizon has smoothly sold the property assets of the business under the Jincheng name to return the capital. Due to the high economic growth of Haizhou, the profitability is even higher than expected.
It is precisely because the contradiction between the two sides seems to have been greatly eased on the surface. Yan Wenjie only agreed to the acquisition of Internet cafe assets under Chuangyu by Haisu Technology.
For Liu Wentao. The Yan family did not support his performance in Haizhou. He could only succumb to treating Haizhou Ren purely as a gilded journey. Actively participate in all things that can add luster to his political achievements even if he does not have the dominant power. At least when reported by the media. His name will not be placed after Song Peiming Du Xiaoshan.
For Liu Wentao's rogue act. Song Peiming, Du Xiaoshan and others were helpless. Shi Weizhong also knew clearly that he was the top leader in the name. It's bleak enough to get some good reputation and wait for a better party. The mentality is also easy to understand. Hailian Light Industry Group went public. Liu Wentao personally came to the scene to instruct twice. Shi Weizhong didn't know that he still insisted on reading the Shanghai Securities News.
Shi Weizhong asked Li Mingxue: "What did the secretary say?"
"We want to find the phone and ask what's going on with Kumho," said Deputy Mayor Huang Zhuquan. "There is no way and only to call on the spot to ask what is going on with Kumho. Why did you choose such a timing magazine?
Articles Kumho will regularly publish economic research reports to the financial media in the future. The research report is for reference only... Zhang Ke is not attached..." Huang Zhuquan said. Shrugged and spread his hands.
It's really easy to say, Shi Weizhong thought. Since Li Mingxue and Huang Zhu have no worries. I can only rest assured for the time being. Analyze it carefully. Said that there is no big impact. Even in the big bear market. IPO banks will also be sought after by the stock market. The key is to have Hailian Light Industry's own confidence.
This is the last preparation meeting before Hailian Light Industry goes public. The previous work has been done quite adequately. The last work meeting. There are not a lot of tasks even to check for missing vacancies.
After the meeting. Shi Weizhong stayed Li Mingxue Huang Zhuquan for dinner. Huang Zhu all smiled. Said: "Okay. But I have to treat you personally. After Hailian goes public. You are the city's first capitalist billionaire..."
As the head of Hailian Light Industry, Shi Weizhong now holds 5% of Hailian Light. To be successfully listed in accordance with the plan. His personal assets will exceed 100 million.
The power under his name did not come out of thin air at that time. When Haizhou Holdings restructured its subsidiaries. Implement the management competition and management system. Shi Weizhong competed for the director of the Agricultural Machinery Factory four years ago. The agricultural machinery factory has no funds for development. It was he and other deputy factory directors and workshop directors who paid millions of deposits to play a role. The enterprise is on display. These margins are naturally used as equity funds to invest in shares. Hailian Light Industry conducted internal capital three times before and after. Shi Weizhong is actively involved as the president of the group. Cumulatively hold 5% equity. After listing. The equity will be diluted to 35%. The entire management and employee shareholding will be diluted to 25%.
Although there are some doubts now. Wei didn't have any guilt. Listen to Huang Zhu all saying that. He smiled and said: "In any case, Mayor Huang and a soldier under President Li. Who doesn't envy Mayor Huang begging for a good daughter-in-law."
Li Mingxue smiled. Ask Huang Zhuquan: "When do you eat our wedding candy?"
"What are the young people's thoughts. We don't know how we all live together. Even if we refuse to get the certificate, we will get married..." Huang Zhu groaned. His son Huang Xiaoming and Liang Guoxing's daughter Liang Junru are studying in the Haizhou compound. It's about falling in love. Now it has been a year for both of them to graduate. "Promise before the Spring Festival. It is also the face of our older generation. What kind of words are this?" Huang Zhuquan was full of complaints though. He said with a smile on his face. "I don't want to say too much when I invite you to drink in private..."
Liang Guoxing came to Haizhou to guard the position of deputy head of the labor bureau. I haven't moved the nest in the past few years. But he is the eldest uncle of Zhang Zhixing's eldest brother-in-law. There are almost no people in Haizhou who can save him face. If it's a big banquet in the market. He is more qualified to sit at the secretary's desk than Vice City Zhuquan. People are enough for this.
Li Mingxue didn't know what Wei Zhong was thinking. Huang Zhuquan: "Zhang Bang is back for a drink?"
"I don't know. I have a question," Huang Zhuquan said with a smile. "When you come, just drink some alcohol. If he doesn't have time. Who can force him to come?"
Shi Weizhong thought about Huang Zhuquan's love for this marriage. It's also because of Zhang Ke's relationship. He didn't know how many people in the city knew Xu Si's existence. I thought Song Peiming should know it well. Otherwise, as the mayor, he has no air and can't be kind to himself.
"Mayor Zhang can do it. It’s been a long time since I saw Zhang Ke’s article in the Securities Journal. It should be his true thoughts. I still want to find a chance to discuss with him..." Li Mingxue patted Huang Zhuquan on the shoulder and smiled. Say. Let Shi Weizhong go to the hotel in Huang Zhuquan's car with him.
Li Ming's study in Haizhou is not lower than Huang Zhu's all. Haizhou Holdings was founded by him. At the beginning, Tang Xueqian and Zhang Zhixing considered that they should minimize direct interference in the daily operations of Haizhou Holdings and insisted not to control people with administrative levels in Haizhou. Haizhou Holdings has always been inseparable from Li Mingxue, so Li Mingxue did not concurrently hold administrative positions. The most important political status is the National People's Congress representative; the city's formal formulation of the work of Haizhou Holdings is only for the deputy mayor to coordinate and communicate. Did not say in charge.
When Shi Weizhong listened to Li Mingxue, he still praised the article published in the Shanghai Securities News. Asked: "Do you think the bubble is serious?"
"How to say it. There is another set of rules for the operation of the stock market. But it cannot be separated from the economic foundation for a long time." Li Mingxue said. "The operation of capital also has limits... Judging from the data that has been released now. The overall domestic economy is still grim. It is basically certain that the economic situation will not be out of deflation before the first half of next year. Hot money is based on new technology concepts. Can the hype of China be supported until after next summer? If you are a smart person, you should slow down first. I just think it's a bit strange. Zhang has never been indifferent to the domestic stock market. What this article will say The meaning is very clear. The timing is also a bit tricky. It's a little weird. Don't you?"
Listening to Li Mingxue's analysis, Shi Weizhong also feels that there is something weird~www.wuxiaspot.com~ However, if Kumho publishes economic and industrial research reports regularly in the future. Maybe it is to have a deeper influence. There are indeed serious problems in the domestic economy at this time. As the mainstay of the domestic economy, state-owned enterprises are at a critical moment of transformation. Affected by the external economic environment. Have not been able to get out of the predicament.
In the first half of the year. Almost a quarter of the total number of state-owned enterprises are in a loss and serious loss situation. Half of them were flat. A quarter of the state-owned enterprises are profitable. But the scale of profitability is extremely limited. The situation of state-owned enterprises where the state-owned enterprises are better. The overall profitability of state-owned enterprises in most provinces is either hundreds of millions of meager profits. Either it is a shocking negative number.
The current domestic stock market is dominated by state-owned enterprises. The overall situation of the company has not been fundamentally reversed. The stock market has doubled in half a year. To say that there is no bubble. Ghosts believe.
Huang Zhuquan smiled and said, "What is weird or not. I have a chance to catch Zhang Ke. Just ask him in person."
Li Mingxue smiled and said: "He just told me the answer. I will also consider whether it is true or false. This kid is very slippery. If you believe it or not, you can ask Mayor Song if he can get the truth out of him. "
Huang Zhuquan and Shi Weizhong all smiled. Who would go to Song Peiming to ask this question?
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