Liao Mingqi pouted his teeth and his face hurt.

Meaning, meaning?

The scale was as high as 5 billion at the beginning, or is it just meaning, meaning?

What a joke!

Money is not money, is it?

Are rich people thinking so strangely?

That's five billion!

According to the current per capita income of the whole country, 5 billion yuan is equivalent to the annual salary of 600,000 people!

"Mr. Fang, the current open-end fund has the highest return of only ten points, and some are in long-term losses, will the scale of 5 billion be too big?

"Mr. Liao, the scale of the group's annuity plan has reached 20 billion, and the full stock ownership plan will add billions of funds to the enterprise annuity account every year, and the capital scale of foreign fund companies will easily exceed 10 billion US dollars, and even some fund companies hold more than 10 billion US dollars in financial assets, and the fund company of 5 billion yuan is too small and too small, it really just means it......"

Fang Dagang's tone was casual and relaxed, but Liao Mingqi couldn't say a word when he was choked, and he was entangled for a moment before saying with a black face, if you want to raise funds publicly and be able to look at the global financial market, the approval process of the regulatory department will be quite complicated, and this also involves the management department, and the difficulty is not ordinary!

"Mr. Liao, if it's embarrassing, forget it, we also feel that the domestic stock market has limited capacity and is difficult to pass the company with a valuation of more than 100 billion, so it is preparing to launch the overseas listing plan of the two companies. Then go to the NASDAQ market, the world's funds are gathering in the United States, only the technology does not go to a piece of the pie is really unreasonable, in addition to the search has long met the requirements of the United States listing, the group company is starting the preparatory work before listing, can make money in the domestic since the listing can not be listed, When will the domestic financial market be able to accommodate excellent Internet companies, the group company will consider coming up with more excellent subsidiaries to be listed in China, as the manager of the enterprise, can not let the advocacy of 'sharing the dividends of the fruits of reform and opening up' become a joke......"

Liao Mingqi became more and more aggrieved in his heart.

Although the profitability of the search is difficult to grasp in the outside world, the Liao family's investigation of the knowledge system shows that the profit of the search under the knowledge technology can at least exceed 100 million this year, the key is that the operating costs of this kind of enterprise are low, just like the banknote printing factory, and the welfare of employees is the highest in the industry, and the technology also promises to make the basic employees become millionaires in five years, Ten years to become a multimillionaire, if the idealized situation can be reflected in China, in fact, go to these Internet companies under the only technology to see, it is really the most intuitive embodiment of this highest ideal!

Fang Dagang was still introducing the development of the group, the generous treatment, and the glorious development prospects, but Liao Mingqi became more depressed and aggrieved the more he listened. "Okay, Mr. Fang, then you can come over with a charter as soon as possible, and I will arrange it for the relevant departments to try to get this matter done within three months!"

"Okay, Mr. Liao, then this matter is finalized, I will implement it as soon as possible, fully cooperate with the work of relevant departments, and strive to pass ......the meeting at one time."

"Well, if you have time to come to Yanjing, I will introduce some friends to you......

After a few polite sentences, Liao Mingqi hung up the phone decisively, and Fang Dagang, who was sitting in the president's room and turned on the phone speakerphone, laughed when he heard a busy sound on the phone.

Fu Zhengyi was also laughing.

Although Liao Mingqi is shrewd, he also has limitations.

The Liao family itself has strong resources, but at present, the stock market has lost its financing ability, indirect financing can not be talked about, the stock market without financing ability, to put it bluntly, has become a chicken rib-like existence, the voice of the people to overthrow the new is getting higher and higher, the regulatory authorities, the relevant departments, at present, it is difficult to ride a tiger, can only adopt the model of covering the ears and stealing the bell, and carry the banner of vigorously developing open-end funds. The concept of foot pain and foot treatment is deep-rooted, and it is as difficult as climbing to the sky if you want to reverse it, and the Liao family is like a resentful woman who has no rice at this time, guarding the golden rooster that can place an order but not getting any benefits, so she naturally loses her sensitivity......

"Justice, Tang Yan said that she didn't want to set up her office in China, but if it is placed in New York, the management cost and operating cost are very troublesome, I think it is better to compromise and put it in Hong Kong, and the VIE shell company that happens to be fully owned by the company is also located there, whether it is communication or management, it is more appropriate......

Fang Dagang's opening interrupted Fu Zhengyi's train of thought, and he thought about it and said. "As long as Tang Yan has no opinion, then do so, the management fee of the open-end fund after listing can not be too low, and it can be increased step by step according to the increase in profits, in addition, we must pay close attention to the search for listing in the United States, and the companies that make money are not allowed to be listed in China, then we will let those people watch, how much money an excellent Internet company can be worth, how high profits can it create, how many jobs can be provided, how many employment problems can be solved, and how much profits and taxes can be paid. How much benefit can it bring to the local community......"

Fang Dagang opened the document in his hand, and said when he was finished. "The question is, isn't the pricing of the listing plan you sent yesterday a bit too outrageous? A price-earnings ratio of 1,000 times, the price-earnings ratio of Google, which is currently traded on the NASDAQ in the United States, is only more than 80 times, the total assets of Weizhi Search are only 300 million US dollars, last year's sales were less than 140 million US dollars, and the net income was less than 15 million. Raising $2 billion, that's outrageous, and it's the opposite of your attitude toward the domestic stock market, and what the hell is this market rate?"

Fu Zhengyi smiled. "In a fully mature financial market, investors are concerned about the development prospects of enterprises, the height of future growth, and the degree of coverage of the market, Bezos's eBay has been a net loss for many years, but the problem is that after the collapse of technology stocks and the serious undervaluation of stock prices, the stock price is not soaring? Do you think investors in capitalist countries are fools? But anyone who regards Wall Street investment banks as fools will eventually find out which one is the most stupid, so do as I say. The value of search is simply underestimated, and it is not ...... to sell cheaply."