On June 26, the Hong Kong Stock Exchange.

Although the weather in Xiangjiang in June is already very hot, Xiao Ma is still wearing a straight suit, and his hair has been carefully taken care of by the hairstylist and combed back without any mess.

With a pair of gold-rimmed glasses, Xiao Ma, who is just in his early thirties, can be regarded as a talent.

He had a big smile on his face.

Because today, it is a good day for Tencent to go public in Xiangjiang!

After several years of hard work and many hardships, Tencent finally went public.

Today is the first day that Tencent Holdings was officially listed on the Hong Kong Securities Market.

Brother Xiaoma, they came to "ring the bell".

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In fact, if an Internet company wants to go public, a better choice should be to go public on the NASDAQ, but after discussing with several major shareholders of the company.

Everyone still decided to come to Xiangjiang for listing.

Tencent's current size is still too small, and listing on the Nasdaq may not have any effect.

Moreover, if it is listed in the United States, it may also cause lawsuits, which is too much trouble.

As for who will trouble it, it's obvious, don't forget who bought ICQ.

AOL has a wide network of political and business contacts in the United States, and it is not easy to find trouble with a company from Chinese mainland.

Therefore, Brother Pony decided to avoid the American market and not go there to be listed.

Save yourself from being troubled.

With an issue price of HK$3.7, Tencent Holdings is the first Chinese Internet company to be listed on the main board of Hong Kong, with a market capitalization of just over HK$5 billion.

Before Tencent, when domestic Internet companies went public, they generally went to the United States to earn dollars.

Like Sina, Sohu, NetEase, Shanda, and of course, Facebook, all of which are listed on the NASDAQ.

Tencent has also set a precedent for domestic Internet companies to explore a new way to go public.

"Thanks to your bank's help in underwriting this time, otherwise, our company's listing would not have gone so smoothly. ”

In the midst of joy, Brother Xiao Ma said gratefully to an elegant middle-aged man beside him.

"Haha, there are investors who recognize the future of Tencent, so they are willing to pay for shares, and promise to hold shares for a long time and will not cash out. If you want to thank the investors, we at HSBC are just an intermediary. ”

This middle-aged man underwrote Tencent's listed shares on behalf of HSBC.

It is Citibank's role in the process of listing on Facebook.

Just like Brother Xiao Ma said, Tencent's listing was full of twists and turns, but in fact, when the roadshow first started, not many investors expressed interest.

Because everyone knows that Tencent's future is uncertain.

Its competitors are too strong.

In the field of network instant messaging, needless to say, there are ICQ and MSN, and QQ can't go out at all.

Domestically, it is also facing a grim situation.

In the field of domestic online social networking, Facebook is the leading company, and even in the field of instant messaging, there is competition.

Although in the past six months, WeChat doesn't seem to have made any big moves, as if it doesn't care about the speed of development.

However, no one dares to ignore WeChat.

After all, behind WeChat, there are many companies standing in the Facebook spectrum system!

That's really asking for money, money, and people!

Even if it is said that WeChat will completely surpass QQ in another month, no one dares to be a joke.

Because, everyone thinks that this is possible......

So when Tencent went public, it faced a big problem.

An Internet company has an uncertain future prospect, and in this case, how can any investor dare to buy its shares.

Almost, Tencent couldn't go public.

Fortunately, their underwriter, HSBC, suddenly came with news that there was an individual investor who was ready to invest in all of Tencent's listed and outstanding shares.

Of course, it is impossible to really buy all of them, and always leave a part of it to invest in the market and give it to scattered investors.

But this conveys a meaning, that is, Tencent's listing is stable!

Don't worry about facing the dilemma of no one wanting stocks.

Of course, this investor, Brother Xiaoma, they have also met in person.

He is an ordinary Hong Kong local, not an investor himself, he is just an investment representative.

And this investment was also invested through a trust fund of HSBC.

The background of the real investor is more mysterious.

But Brother Pony, they don't care about this!

Originally, the company went public, and the newly issued shares were for people to buy and sell at will.

The worry is what to do if it can't be sold, not what to do if someone buys it!

There are many so-called "big families" in Hong Kong, and they like to engage in mysteries, so it is not surprising that anonymous investment is not surprising.

............

In order to raise enough funds for this listing, Tencent issued an additional 300 million new shares in one go!

The company's total share capital is only 1.5 billion after the additional issuance.

That is, they took out twenty percent of the shares and used them to raise funds.

There's no way, I'm scared!

How can we not seize such an opportunity to raise a large amount of money.

Because of the attack between Facebook and WeChat, Tencent has really had a hard time in the past year, and the company's valuation is relatively high, so this year, there have been no new investment banks entering the market to invest in it.

The stakes are just too great!

No one knows when Yuwenfei's WeChat will exert its strength.

And once WeChat makes a force, what awaits Tencent may be "death......

At this juncture, who dares to throw a lot of money into it.

In the word venture capital, the word "wind" not only represents the meaning of "risk", but also has the meaning of "seeing the wind and making the rudder"!

When your company's future is bright and promising, venture capitalists will flock to you to give you money.

But when your company's future bleaks and a strong competitor emerges, VCs disappear without a trace.

They just want to be the icing on the cake, and rarely do anything to help them in the snow.

..................

Tencent Holdings was officially listed, and the stock price performance was tepid on the first day, but fortunately it did not fall below the issue price, otherwise it would be a shame.

Tencent has also raised more than one billion Hong Kong dollars, which is a relief and a relief to solve the urgent need.

If you can't get any more money, the company can't even pay the bandwidth fee!

Brother Xiao Ma and a group of executives often sigh that everyone is doing online social networking, why is the gap so big.

Look at people's Facebook, it is very popular, not only got a lot of money from Lao Mei, but also became the richest Internet company in China.

Moreover, it has also carried out a unique intelligent advertising business, which has attracted a large number of brand manufacturers, and the advertising revenue is also booming.

I also do social networking, and the number of users is not much worse than Facebook.

How did it get mixed up like this?

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