Chapter 1066: Competition and Cooperation

At a time when many people on the Xiangjiang side stayed up all night, the New York Stock Exchange today ushered in the listing of the first company under the Li consortium.

Regardless of the July 11 strike, the listing of Star Hung Sports Group was not postponed for any reason, and at 9 o'clock New York time, at the New York Stock Exchange, representatives of Sith Prologis and the three underwriters, Tianyu Investment Company, Goldman Sachs, and Merrill Lynch, gave speeches respectively.

Although the relationship between the three families is not very good now, it is still very harmonious when their interests are aligned.

Both Goldman Sachs and Merrill Lynch are boasting about Xinghong Sports Group, and Xinghong Sports Group is a group with great investment potential in their mouths.

At 10 o'clock, when the listing bell rang, Xinghong Sports Group was officially listed in New York at a price of $1.25 per share, with a total of 1 billion shares.

Since the four major teams of Xinghong Sports Group in the United States are among the top teams of the four major sports clubs in the United States, and the Coventry football team in England is also among the top in England, there are still many people who are optimistic about the development of this group.

As soon as it went public, Xinghong Sports Group's stock price began to climb, breaking through the unit price of $1.4 in less than 20 minutes.

The head of Goldman Sachs said: "GLP, congratulations on the successful listing of your company, and I believe that this group will create brilliant achievements under your leadership." ”

Although Sith Prologis is an American, he has learned a lot about Eastern culture over the past eight years, and he is now fluent in Cantonese and can understand the meaning of Chinese characters.

These high-level leaders of the Lee Foundation, whether active or passive, will learn Cantonese and Chinese characters, because the headquarters of the Lee Foundation is in Xiangjiang, and many documents are also sent to major groups in Chinese characters, and it is very difficult to have a good future in the Lee Foundation, not speaking Cantonese and not being able to recognize Chinese characters.

He also learned a lot of Oriental ways, the biggest credit of this group is the current director of the secret room, if he was not urgently transferred back to the headquarters, this listing would have been presided over by Peng Xiaoli, he didn't dare to take the credit on himself.

He responded: "Mayo, thank you very much for your blessings to our group, Xinghong Sports Group has today's achievements are inseparable from Miss Peng Xiaoli's dedication over the years, I will do my best to strive to live up to the trust of the major shareholders, and strive to develop Xinghong Sports Group well." ”

Goldman Sachs and Merrill Lynch representatives knew that Sith Prologis was also a senior manager, not to mention that he is now the chairman of the board of directors and chief executive officer of Xinghong Sports Group, and the group's major affairs are still decided by Li Guangyu, and they did not say anything to him.

The person in charge of Merrill Lynch said to Li Xingquan: "Mr. Li, you see that we can also cooperate very happily, Xinghong Sports Group is an example, we heard that Bentley Group and Heung Kong Communication Group under the Li consortium are also going public, and we Merrill Lynch are very willing to serve as the underwriters of these groups." ”

As for Xiangyu Culture Group, the person in charge of Merrill Lynch didn't mention it, the group has been on the roadshow for a long time, and the other party has already had a partner, and there is no play for them at all.

Whether it is Bentley Group or Xiangjiang Communication Group, the market value of these two groups is not comparable to Xinghong Sports Group, any of these two have a market value of more than 10 billion US dollars, and the strength is extremely strong, if they can enter a piece of the pie, at least they can get hundreds of millions of profits.

Li Xingquan does not have the right to call the shots, and even if he has the right, he will not let Merrill Lynch be the underwriter of these two groups, and if it were not for the listing of Xinghong Sports Group on the New York Stock Exchange this time, they would not cooperate with Goldman Sachs and Merrill Lynch.

Bentley Group was listed in the United Kingdom, where Tianyu Investment Company, Standard Chartered Bank, and HSBC were the underwriters.

Heung Kong Communications Group is listed on the Hong Kong Stock Exchange, and Tianyu Investment Company, Bank of Hong Kong and Sun Hung Kai Securities Company will be the underwriters.

Li Xingquan said: "Chris, I am just a small branch manager, and these two groups have nothing to do with us, who do they want to cooperate with, where do I have the right to intervene, if Merrill Lynch wants to cooperate with these two groups, you can contact the senior management of these two groups, your Merrill Lynch is strong, maybe you can reach a cooperation." ”

Mayo, the head of Goldman Sachs, did not mention this matter directly, he knew that the president of the Asia-Pacific branch of their company personally visited Li Guangyu, but did not negotiate cooperation in this regard, and Merrill Lynch wanted to meddle in the group outside the US stock market listing, which was undoubtedly a fool's dream.

They Goldman Sachs were completely affected by the decisions of some American consortiums, and they had a good relationship with the Lee consortium before, and if it weren't for the deterioration of the relationship between the Lee consortium and these consortiums, maybe they would have been able to get some benefits from these groups listed by the Lee consortium this time.

It's just that now the relationship between the two sides is deteriorating, especially the 7-11 strike, which will lead to many problems later, and the relationship between the Lee consortium and the American consortium will only become more hostile, and the competition between the two sides in the market will be more intense, even unscrupulous.

Chris knew that it was not easy to earn the benefits of the Li consortium, but as a senior Merrill Lynch, even if he knew that the chance was slim, he still mentioned it, in case there was a chance, he couldn't give up that possibility.

He said: "Mr. Li Guangyu still takes the position too seriously, mutual competition and cooperation will be the norm in the future, and you can't completely stop cooperating because of competition, which is not conducive to the development of the Li consortium, you must know that in the financial sector is mainly in our United States, Mr. Li put a number of important companies in Hong Kong and London listed this time, but I am afraid that some gains outweigh the losses, and the financial markets in these two regions are far from being compared with New York." ”

Li Xingquan admits that New York currently has an absolute advantage in the stock market and finance to suppress other regions, but these groups will definitely not be too bad to be listed in Hong Kong and London, and these major groups will obtain the status of blue chips on the local exchange, and can also increase the influence of the Li consortium in the local area.

To be listed in New York, the US consortium will certainly not be willing to allow the Lee consortium to obtain the status of a blue chip stock, and it will be vulnerable to the suppression of the US consortium.

The future market focus of the Lee Consortium is Greater China and Southeast Asia, followed by Western Europe and the British Commonwealth, Latin America, Eastern Europe, and then the United States and Africa.

The biggest strategy of the Lee Consortium is to compress American companies into the US market, so that even if the Lee Consortium's enterprises succeed, the top management of the Lee Consortium knows very well that within the US market, competing with US companies will face an extremely unfair environment, and even some companies will be restricted from entering the US market.

Li Xingquan said: "We in Heung Kong have always been working with enterprises from all over the world with a spirit of cooperation. It's just that some places have implemented double standards, and even did not hesitate to suppress and restrict foreign enterprises through the government, and the cooperation must at least be a win-win situation, but some companies are not even willing to give their partners a mouthful of soup after eating bones, and even hold a butcher's knife in their hands, ready to give their partners a knife in the back at any time, and it is absolutely impossible for such cooperation to appear a second time after having one. ”

Chris knows very well that Li Xingquan is referring to Sang and scolding Huai by saying that they are a California consortium, they are partners of the Lee consortium in the United States for many years, and they have also contributed a lot to suppressing the Li consortium this time.

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