Chapter 3: A Man's First Time!

After introducing the domestic listing, Xi Ming asked Huang Chaoxi about the foreign listing.

As well as the difference between domestic listing and foreign listing, and issues like Himalayan FM Audio where listing is the best choice.

Huang Chaoxi said, "There is no difference between foreign listing and domestic listing, according to the situation of financing and listing, both are to raise funds for the company, but foreign is the money of foreign investors, and domestic is the money of domestic investors."

Xi Ming nodded, he naturally understood this truth, this is the most basic.

Huang Chaoxi continued: "If you receive money from others, you have the obligation to be responsible for dividends, so if it is a very good Chinese company listed abroad and pays dividends every year, it is to let foreigners sit and "make money", because the total amount of dividends has exceeded the funds raised by listing. “

In this regard, Xi Ming also understands that now China's Alibaba, some very good and even top Internet companies are listed in the United States, and foreign capital accounts for 80% of Alibaba's shares, which means that Alibaba's customers are all Chinese, and the business is all the business of Huaxia people, but the profit he earns is 100 yuan, and 80 yuan will be distributed to foreign capitalists...... Ma Yun accounts for 7% of the shares, that is, he can only get 7 yuan.

At that time, the listing of domestic enterprises was subject to the administrative examination and approval system. In other words, the censorship system requires that the performance of listed companies in the past three years meet the standards set by the system, and at that time, a conceptual company like Alibaba may have grown well but has not made any money.

The listing conditions in the United States and other countries are much more relaxed, it is easy to go public, but the supervision is very strict, all shareholders have the final say, shareholders feel valuable, even if he has not made money or even lost money every year, he will not be suspended, if a company like Amazon is in China, he will not be listed, and it is likely to be delisted.

The above harsh domestic conditions determine that Alibaba can only be listed abroad, which has no choice.

This caused Alibaba to be a foreigner in the early days of throwing money, but also to go to the United States to go public financing to develop and grow, this money does not want to be distributed to every Yahoo, the Japanese island country of SoftBank, and the American stockholders, that is also impossible, all this, just like the children are raised by them, and it is natural to grow up to honor their adoptive parents.

It's just that this makes many Chinese people feel ashamed, and the money earned by their own country's companies in their own countries has to be distributed to foreigners.

The same is true for Tencent, where Pony Ma is not Tencent's largest shareholder, but South Africa's MIH, with a 46% stake and Pony Ma 8.69%. Tencent's products are all over China, and its company's communication products account for half of China's communications industry.

Because when Tencent's development was just improving, the funds for the purchase of servers and the expenses of employees became the number one problem that Ma Huateng needed to solve, and Ma Huateng looked for domestic investors to invest, but at that time, China's Internet was just beginning to develop, and no one believed that Ma Huateng could make Tencent a success.

In the end, IDG and Hong Kong Pacific Century Digital invested $2.2 million in Tencent, at the cost of Tencent's 20% investment in DG and Pacific Century Digital, which solved the problem of Tencent's shortage of funds and laid the foundation for Tencent's rise.

In June 2001, Hong Kong Pacific Century sold its 20% stake in Tencent Holdings to MIH for $12.6 million, and it was a miracle that Hong Kong Pacific Century made more than $10 million in one year, but it still underestimated Tencent's growth potential.

In June 2002, the other major founders of Tencent Holdings sold their 13.5% shares to MIH, giving MIH a total of 46.5% of Tencent's shares.

At that time, there were such good Internet projects in China, but no one could understand them, and in the end they were cheaper than foreign companies.

However, now that Chinese companies rely on their strong financial strength, they have also been buying and buying internationally, and have opened global buying, and the world's ranking companies will definitely have a controlling stake in Huaxia Company in the future.

At that time, Son's SoftBank invested $80 million in Alibaba, and when Alibaba went public, the market value of SoftBank's shares was almost $60 or 70 billion, an increase of nearly 1,000 times.

Huang Zhaoxi suggested that Himalaya FM audio such a high-quality company, so that Xi Ming or first choose the domestic listing to test the water, now foreign listing has become different from before, the domestic listing system has been much better than more than ten years ago, from the system or related laws, foreign listing is slightly stricter, all aspects of legal constraints are also relatively large, with the development of the Chinese economy first, the domestic is better than the foreign one.

……

Huang Chaoxi analyzed all kinds of things for Xi Ming, as the first audio listed company in China, he felt that this listing would be successful.

Because Himalaya now meets every one of the requirements for domestic listing, it can be listed in the country.

In the end, Xi Ming also nodded: "Okay, then the Himalaya FM Audio Company will be listed in China!"

"My own company is really going public. “

Xi Ming muttered inwardly.

This is an era of entrepreneurs, and this is an era of burning dreams.

If someone asks entrepreneurs who have already made a name for themselves or are still on their way, what was the purpose of starting their business in the first place?

Some people answer that it is to reflect the value of personal life and realize their dreams, some people answer that it is to pursue wealth and improve the quality of life, and some people even say that it is to create wealth for the society, create value for customers, create opportunities for employees, and create benefits for shareholders......

Although there are many answers, none of them are clear.

Xi Ming is very excited now, not because of the above, but because this is his first concept company that is ready to go public.

A man's first time, just like a woman's first time, is a very memorable thing.

Starting a company and becoming a listed company is not known how many people's dreams are.

Xi Ming from a sling, rising in the micro-end, now the dream is coming true, he is going to complete his dream of the first listed company, he is really going to become rich and handsome, how can he not be excited, even if he is very rich now, he doesn't care about how much money is raised, but this kind of listing process is his most joyful place.

This feeling of his is like a bird flying in the vast sky, nothing can restrain its wings, and it can look down at everything below it.

Who knows that he is the owner of a listed company, who often goes to Xia Da and Xia Tian on a date, and likes to walk around the beach in Xia City and wear slippers?