Chapter 177: Creating Wealth

The "greenshoe mechanism" is a colloquial term for the "over-allotment option", and the stock underwriter will give the brokerage an option clause when signing an underwriting agreement with a listed company. Within 30 days from the date of listing of the shares, the underwriter may, at the same issue price, issue a portion of the shares more than the predetermined size. The over-allotment option granted to the brokerage firm by Aikang is 15% of the original 20 million shares issued, or 3 million shares.

The "greenshoe mechanism" is generally only activated by the brokerage firm when the shares of listed companies are warmly sought after by the market. Brokers can obtain additional income in this way, and listed companies can increase the issuance volume to suppress the excessively fast rising stock price, and at the same time expand the total amount of funds raised. With the activation of the "greenshoe mechanism", the total number of new shares issued in the IPO increased to 23 million, raising a total of £184 million.

Li Xuanren has not yet returned to Hong Kong, but his legend has been spread everywhere in Hong Kong.

"Technology stocks are sought after, and the value of 'Xiao Li Sheng' has skyrocketed!"

"Open high, Aikang went public to raise 2 billion!"

"The opening bidding took 67 minutes, and the market value of Aikang exceeded 10 billion!"

Hong Kong media sent a strong press corps to London to report on the company's listing. As soon as Aikang's listing opened, reporters from all walks of life sent a report back to Hong Kong for Li Ke as soon as possible.

In the past, the Hong Kong media's reports on Li Xuan's worth were all valuations, and different newspapers were either conservative or open, and the number given for Li Xuan's worth speculation was very different. And after Aikang went public, everyone finally had a truly intuitive understanding.

Based on the opening price of 1,000 pence per share, the market value of the 60 million shares held by Oriental Holdings is as high as 600 million pounds, which translates into more than 7.3 billion Hong Kong dollars. The latest share price is 1105p. Li Xuan's shares in Aikang are worth more than 8 billion yuan.

100 million yuan is the threshold for promoting the rich, and 1 billion yuan is the threshold for the real rich. And more than 5 billion yuan, which is enough to be called the super-rich in Hong Kong. Li Xuan's previous name was "Little Li Sheng". And now "Li Caishen", "Li Superman" and other new titles have been detained on Li Xuan's head by various newspapers. The newspapers were frantically chasing the news about Li Xuan like chicken blood.

Li Xuan's wealth cannot be said to be the richest man in Hong Kong, but the speed of his rise is incomparable to that of the Chinese-funded chaebols such as the Bao family and the Li family, or the British-funded chaebols such as Jardine Matheson, Swire and the Kadoorie family. Other Hong Kong giants have not gone through the accumulation of several generations, but at least decades of hard work, but Li Xuan has completed the catch-up in less than two years.

Listing is a wealth-making movement, and Li Xuan has become the hottest wealth myth in Hong Kong and Kowloon, and many other people have also benefited. According to Hong Kong media statistics, in the entire Eastern Bloc. Because Aikang Company went public, more than 10 people were promoted to millionaires overnight, and more than 100 people were 100,000 millionaires.

Among them, the most profitable is naturally the former president of Dongfang Electronics, the current president of Dongfang Holdings and Dongfang Commercial, and Han Peng, the chairman of the board of directors of Aikang Company. He holds 54,000 shares of Aikang stock, worth more than 6.5 million Hong Kong dollars, plus annual salary and bonuses, this year's income is more than 10 million Hong Kong dollars, and he has suddenly jumped to one of the most lucrative company executives in Hong Kong. Among Chinese-funded enterprises, he can definitely be regarded as the number one "working emperor".

"Colleagues, Mr. Du, Vice President Liang, and Director Cao have decided to treat us tonight, and everyone will act together after work!" A handsome girl walked into the office quickly and said to everyone with a smile. She is the administrative secretary of Du Wenqiang. The information is relatively well-informed.

"Oh yes~!" the entire office immediately erupted in cheers.

Naturally, the employees of the Oriental Group are most concerned about the listing process of iKang in Hong Kong. Dongfang Company conducted a round of equity incentive plans last year and this year, some of which have been cashed in options, and Li Xuan allows employees of various subsidiaries to go public before Aikang goes public. They were converted from Oriental Holdings to shares of Aikang Company in accordance with the share transfer plan formulated by the company.

Dongfang Games has no plans to go public for a long time, and it has the largest number of veteran employees who first joined Dongfang Electronics. Many of the options in their hands have already been cashed out. Many people chose to exchange huàn shares for Aikang's shares, and the company's share price rose. Net worth has also skyrocketed.

Cao Jingya was promoted to the administrative director of the game company after the independent split of Oriental Games, and she held 1,500 shares of Aikang stock, worth about 180,000 Hong Kong dollars. And Liang Ning, the original rock middle-aged, as one of the veterans of the arcade department, holds 8,750 shares of Aikang stock, worth more than 1 million Hong Kong dollars.

Du Wenqiang, as a super veteran who followed Li Xuan to fight the world as early as Keji Electronics Company, holds up to 40,000 shares of Aikang. This is because he is unwilling to exchange the rest of the shares of Oriental Games in his hand for shares of Aikang Company, otherwise he has more shares than Han Peng, but these Aikang shares alone are worth as much as 5 million Hong Kong dollars.

Du Wenqiang's heart is bitter, because he once had 0.5% of the equity of the entire Oriental Company in front of him, but he let the lard blind his heart and missed an opportunity to become a billionaire.

"Li Yaomin, you are cheering so hard, the stocks in your hands are worth tens of thousands, and you have to treat you tomorrow!" After everyone cheered, they suddenly pointed the finger at a tall and thin male employee in the corner of the office.

Li Yaomin suddenly shrank his neck, and begged for mercy in a slightly pleading tone: "My hundreds of shares of stocks, there are still three months before the ban is lifted! Don't be too ruthless, otherwise the money for dinner at the end of the month will be gone!"

"Forget it, for your pity, we'll just ask for a barbecued pork rice by ourselves!" the girl who was the first to report the good news chuckled and covered for him.

"Cut, you guys are really husbands and wives!" the others immediately expressed their dissatisfaction.

Dongfang Company does not have a rule that employees are not allowed to fall in love, as long as it does not harm the interests of the company, but encourages fertilizer and water not to flow into the fields of outsiders.

Including some of the old employees of Aikang in the United Kingdom, the internal management and employees of the Oriental Group hold a total of 740,000 shares of Aikang Computer Company...... The listing of Aikang Company allowed them to share these dividends with a total value of up to 90 million Hong Kong dollars.

After Li Xuan got off the plane, he did not go out from the ordinary pick-up gate, but went directly to the VIP channel. Recently, many reporters have been blocking Li Xuan's flight back to Hong Kong every day, wanting to interview him as soon as possible. Li Xuan didn't have much interest in this, so it was better to keep a low profile at this time.

Although the market value of the shares of Aikang Company in his hands has exceeded 8 billion Hong Kong dollars, it will take more than a year to lift the ban on circulation. Moreover, in order to maintain control over Aikang, Li Xuan will not sell a large amount of equity. So these stocks are just a bunch of fixed assets that can be seen, but not very easy to really touch.

In fact, not only the media in Hong Kong and the United Kingdom are hyping Li Xuan, but also the newspapers in the United States are also quickly following suit, and the ABC computer of Aikang Company is one of the hottest personal computers in the American market at present. And Li Xuan's personal situation is not secret, and a little investigation can find that the original Gameboy handheld game console, "Hong Kong Cube", "Tank Wars", "Mario Bros." These arcade machines, as well as the FC home game console that is currently selling well, are also products of the company under his name.

Wonder Boy from the East, countless Americans discover for the first time that there is such a miracle of wealth on the other side of the Far Pacific Ocean. The Wall Street Journal, which already has a branch in Hong Kong dedicated to the Asian edition of the Wall Street Journal, has been reported in detail for Li Xuan.

Previously, when Li Xuan had just made a name for himself in Hong Kong, the Asian branch had already sent the manuscript about Li Xuan back to the U.S. headquarters, but unfortunately it was not taken seriously, because the story of a young man in Asia was not very attractive to American editors. But now, as the most watched high-tech stock, many of its topics are worth digging and hype.

Among the companies owned by Li Xuan, Aikang Company is by no means the most dazzling, compared to the British counterparts who focus on Aikang computers, the Wall Street Journal has set its sights on Oriental Game Company.

The "Wall Street Journal" reporter combined the sales numbers of the Oriental Game Company on handheld, home and arcade machines that he investigated, and found that the company's monthly output value has exceeded 100 million US dollars without making a sound. The list of companies published by the Financial Times is ranked by market capitalization, but the top 500 companies published by Forbes magazine in the United States are ranked by sales.

If Oriental Games is an American company, its sales are enough to squeeze into the top 300 in the United States. Not long ago, Forbes magazine published an interview with Steve Jobs, the founder and chairman of Apple. The article concludes by predicting that with Apple's current performance growth, it is likely to be able to squeeze into the top 500 companies in the United States next year, becoming the fastest company to enter the list since the list came out.

Obviously, after the new article in the Wall Street Journal came out, Boss Qiao once again used Li Xuan as a stepping stone. In Hong Kong, Asia, there is a trend-setter who is much younger than him, who started his business later than him, but who is even more successful than him.

Moreover, the reporter of the Wall Street Journal also reprinted a small detail reported by his Hong Kong counterpart in the article. When Li Xuan started his business, the first game "Hong Kong Cube" he wrote used Apple's Apple2 computer. Ironically, the ABC computer produced by the Aikang company, which is now controlled by Li Xuan, is already the strongest competitor of the Apple2 computer. (To be continued......)