"Going public?"

Yun Ling's expression was shocked, almost in disbelief.

Since the development of Tang Dynasty Company, it has been rumored in the market that if Tang Dynasty Company chooses to go public, it will definitely be a world-class enterprise. In the United States, I am afraid that it has also been Microsoft, Apple, and made equals. Today, the Tang Dynasty company has developed even more. Moreover, it is more promising than other technology companies.

It's just that the outside world has been speculating and guessing. In addition to the Tang Dynasty's official affairs, other subsidiaries did not have any movement, and only Amazon, South Korea's Actog Company, and the United States and South Korea were listed However, these were all listed before the acquisition, and the two companies were listed and had little to do with the Tang Dynasty Company. But even so. After the acquisition of Tang Dynasty, the market value of the two companies has increased by leaps and bounds, until now, compared with the previous acquisition, it has increased by more than 5 times in a leap.

In the market, these two companies are also regarded as potential stocks.

Because, Tang Dynasty Company did not choose to go public. Then, with the development of the Tang Dynasty Company, everyone will focus on these two stocks related to the Tang Dynasty Company as the center of the indirect nature, and regard these two stocks as the external expansion window of the Tang Dynasty Company. In this way, a large number of institutions, including retail investors, have been harvesting a lot in the past few years, and there are even those who have been holding these two stocks, and they believe that in the future, Amazon and Abiwei will definitely be able to make rapid progress again under the leadership of Tang Dynasty Company and realize their asset appreciation plan.

"A shares returned overseas?"

Slowly, Yun Ling asked.

Generally speaking, most of China's technology stocks choose to be listed overseas, and most of them are Chinese technology stocks listed on the NASDAQ in the United States. Like the new corpse wave, NetEase, Sohu, Kong.com, and T Call, they have all chosen the United States to go public, on the one hand, the United States is the birthplace of Internet technology companies, on the other hand, the NASDAQ of the United States, the threshold he set is not very high. Moreover, investors in the United States also attach more importance to the information aspect of the Internet.

On the other hand, although China has joined the WTO, the world economy is integrated. However, China A-shares, that is a lot of problems, plus, among China's A-shares, there are not many technology companies, and there seems to be only one Haihong Holdings. This is the heart of the technology company that acquired the "Lianzhong" banner back then, but it is mediocre in the domestic market, and a large number of investors don't even know what he does. In this way, it will not be supported by the institution.

Therefore, if a technology company in China wants to go public, it will generally choose to go overseas.

Lingyun is very good at the economy. The listing issue mentioned by the opponent Chen Jiayi hit the nail on the head at once.

"Brother Yun, what do you think?"

Chen Jiayi did not answer directly, but threw the topic into Ling Yun's hands.

From his intuition, Chen Jiayi felt that Ling Yun was an outstanding politician and, it is said, had a unique research heart for economic management. It can also be regarded as investigating Lingyun's capital.

"Brother Chen is the elder brother of the test."

Yun Ling's eyes rolled, and after thinking for a while, he said, "Actually, it doesn't matter if you guess this or not. As long as Brother Chen's subsidiary will choose to be a guest, regardless of whether it is a domestic A-share or an overseas company, it will be a great help to me. ”

That's not a lie.

You must know that now a large number of people are advocating the Tang Dynasty company's intention to go public, and even some government department personnel want to let the Tang Dynasty company go public, and the reason is that as long as the Tang Dynasty company is listed, whether it is domestic or overseas, whether it is the overall listing of the Tang Dynasty company, or the listing of its subsidiaries, it is a great joy to the heart, and it is also conducive to promoting the influence of China's economy, and even, after the listing, a large part of the money can be raised.

After that, this amount of money will not be deposited in the bank, and it will naturally be invested elsewhere.

If this cycle continues, it will naturally be conducive to economic development.

Among them, as a member of the Tang Dynasty company to promote the listing of the company, it must be a great contribution, but all the time, there is no one who can drag the Tang Dynasty company into the pace of listing, this is going to come back, the Tang Dynasty company is not short of money, they don't want to go public, what can you do So, in recent years, no matter who it is, on the issue of the listing of the Tang Dynasty company, it is fortunate to return. ,

Now, Chen Jiayi threw away Shanda Network's plan today, which is a great help for Yunling.

Although it may seem, this one plan is not as huge as the operating system. However, the economic effect he produced is simply difficult to estimate and in the future, as long as the Tang Dynasty Company's Shanda Network is listed on the heart, other subsidiaries will follow. In the end, if the entire Tang Dynasty Group was listed and thought of this, Yun Ling would not dare to think about it.

"Brother Yun is really talented."

Chen Jia nodded, which can be regarded as approving Yun Ling.

This guy is really amazing.

"Actually, I want to choose to be listed on the A-share market?"

At this time, Chen Jiayi said directly.

For the domestic A-share market, in the entire A-share sector, there are only some real estate, non-ferrous metals, brokers, pharmaceuticals, agriculture, engineering and construction. At most, it is some electronic information stocks like L, Haier, BOE, and Langchao material technology......

However, among the pure Internet technology companies, there are almost none.

In later generations, Shanda Network chose the NASDAQ listing center in the United States, and after the listing, the performance was good, which made people mixed because of Shanda Network's outstanding performance on the NASDAQ, and the CEO of Shanda Network in later generations, Chen Tianqiao, jumped in a leap. With the appreciation of the stock market, he became the richest man in China that year.

In other words, if Shanda Network wants to be listed on the A-share market, the risk it will bear is still relatively large.

And, that's not all.

Because the A-share market has only developed for more than a decade, it is far from being as strong as a large number of capitalist countries, and even Hong Kong's stock market is incomparable. Therefore, many times, the stocks listed on the A-share market will be played by institutions and become a tool for a large number of institutions to extort people's hard-earned money in the secondary capital market.

"A shares?"

Obviously, even Lingyun didn't expect that Chen Jiayi would want to list Shanda Network on the A-share market.

He focuses on the economy, and he is also well aware of the shortcomings of the A-share market. Although, this is not much harm for a large number of listed companies. After all, they have already been funded. However, after the financing, basically, they don't manage the performance on the stock...... Because whether the stock goes up or down, it doesn't matter to them at all.

In other words, the stock market is known as the barometer of the economy, and in China's A-share market, the performance is not so obvious as a large technology company, it seems that Chen Jiayi cannot choose to be listed on the A-share market, even if it is a future generation, Tencent did not choose to be in the A-shares, but chose to be in Hong Kong.

"Are you sure?"

"Of course."

After Chen Jiayi confirmed his answer, Yun Ling couldn't help but be excited.

Shanda Network is listed on the A-share market, which is much better than listing overseas. Yes, of course, for him. In any case, as a government functionary, if you can keep domestic capital and not flow out, it will naturally be better not to move. Moreover, if Shanda Network can be listed in China, it will definitely be the first Internet stock in the domestic A-share market.

This is also of great benefit to the A-share market and the entire Chinese economy.

Of course, for Yunling, it is even more helpful.

However, just after Yun Ling thought about it, with the decision of Tang Dynasty Company, how could he want to be listed on the A-share market?

"This, Brother Chen, if you want to help my brother, you don't have to."

Shanda Network's choice to go public has helped him a lot.

"Brother Yun doesn't have to be like this."

Chen Jiayi snickered in his heart and said secretly, "If you choose to be listed on the A-share market, that's not to help you." Rather, I originally planned for Shanda Network, which will be listed in the near future, and the choice is still the A-share heart, which is Yun Ling, so I will give this benefit to his heart Anyway, Tang Dynasty Company must also be taken care of before it is listed. ”

"By the way, I want to ask a Yun brother, what if Shanda Network chooses to be listed on the A-share market as a whole?"

Generally speaking, there is also a market in A-shares.

Because in the past, some old proletarians obstructed. Originally, China A-shares were listed as a whole and fully tradable. Later, some old guys said that if someone buys the country's assets in the secondary market, what should be done? Just like the Tang Dynasty company in the secondary market, the acquisition of Amazon. Therefore, in order to protect the danger of national assets from being divided, these representatives have also set up various restrictions in the A-share market. ,

For example, when PetroChina was going public, he only took out 10% of the shares in circulation, and the other 90% of the shares were not in circulation. In this way, 10%, even if you buy it all, you can't control my assets. However, with the development of capital, this system of partial stock listing has increasingly restricted the development of the economy, and has also made China's A-share market a strange financing market.

Countless powerful companies do not want to be listed on the A-share market.

Later, the state also realized this danger, and implemented the share reform in the year of the sword, so it will be those shares that have not been in circulation, through the lifting of the ban, to promote their circulation, since then, China's A-share market, many stocks, have entered the heart of the era of full circulation, but the problem is that although the share reform has been carried out, the listing system has not been corrected. Therefore, the share reform is also a symptom rather than a root cause. In other words, the listing system still only allows some shares of the entire company to be listed after a few years. In this way, China's A-share market is still a strange monster.

Of course, the current A-share market is not as good as a strange-shaped monster, because his share reform has not yet begun.

"Listing as a whole?"

China's A-share market, especially for some large state-owned companies, is very reluctant to list as a whole. Because it is not listed as a whole, it has great benefits for some employees of large state-owned companies, especially the management of listed companies. At this time, they can obtain some incentives from the company through various methods, for example, through equity incentives, reward the company's shares, these shares seem to be very small, and after a few years, after all thrown into the stock market, they have become tens of millions, or even billionaires.

There are even some national companies that sell internal shares to their employees. They buy, about a dollar and a heart, and wait until it is listed, and then dozens of dollars and a heart These various measures are only done by state agencies. If it were a private company, they would definitely not be so generous.

"The current A-share listing system does not allow the overall full circulation listing, I'm afraid this will be difficult."

"What if I volunteer?"

The principle of partial listing of shares has always been the system of A-share listing.

This is something that a whole bunch of companies, especially state-owned ones, are all very fond of. Because, they don't speculate in stocks, they just want to make money, as long as the company goes public, they can make money, and they leave. After he goes public, whether the shareholders lose or make money, it has nothing to do with them. Moreover, the stock prices of some of the shares listed have been ridiculously high.

In other words, no company would be so stupid as to have nothing to do with a fully tradable overall share listing.

Seeing Yun Ling's silent expression, Chen Jiayi sighed and said, "China's economy is developing, China wants to progress, and the capital market must be healthy, just like the stock market, where the performance of the capital market is the most obvious. If the systems are not perfect, then it will not be good for the Chinese economy at all. I'm sure. In the future, the domestic government will definitely realize the imperfection of A-shares and carry out shareholding reform.

However, the resistance to reform can be very large. Even if the government has. , or maybe it won't be done so quickly. I'm a big company, and I'm willing to make a start. In the national capital market, create an exemplary ......, perhaps, in a few years, with the support of public opinion, some other state-owned companies and various systems will be improved accordingly. ”

Because, Chen Jiayi wants to use the subsidiary of Tang Dynasty Company to improve the shortcomings of China's A-share market, but he does not want to force the reform of the domestic system because it is difficult. Chen Jiayi, who knows future generations, knows that even until 2011, there were still a lot of problems in China's A-share market, which could not be changed if you wanted to.

Today, Chen Jiayi has this ability. He wants to use Shanda Network to be a handsome future in the A-share market, as long as investors are convinced of Tang Dynasty. As for some other listed companies under the imperfect system, they show their ignorance. Then, he is considered a success. Because at that time, these listed companies, in order to win the trust of consumers, in order to obtain market financing, will be further improved and become a qualified capital market.

When Tsinghua was studying, Lan Heng's predecessors always chattered that the immaturity of China's capital market, especially the strange shape of the A-share market, if it continues like this, China will definitely not be able to develop rapidly, but for this labor-intensive China, once it stops growing rapidly, then the country will enter a long period of economic weakness, and it will be difficult to come out. ,

However, Lan Ye, he is only an economic adviser to the State Council, and he can only make suggestions to some powerful people, and cannot improve China's capital system. And even if it is suggested, it will also encounter a lot of problems, because these listed companies, a large number of listed companies in China, are all state institutions, such as China Telecom, China Unicom, China Petroleum, with the word "China", are all controlled by the National Assets Supervision and Administration Commission, which is simply a political group.

Even the top leaders, they can't do anything about these companies.

Now, as soon as Chen Jia takes over Lan Heng's previous words, he wants to build a perfect Chinese economic capital market. Moreover, Chen Jiayi also knows. Why the United States is so developed, its capital market, is also an important reason.

Like a large number of advanced enterprises, they have to go public in the United States, although they have obtained American capital. But, on the other hand. Didn't it tell you that the United States has invested around the world, like Sina, NetEase, Sohu, and a lot of Americans are investing. In other words, a large number of Americans are their shareholders, and with the new corpse wave, NetEase, and their development, these shareholders who invest will get a lot of benefits.

All of these are the importance of capital in the field.

And Chen Jiayi, the first one, that is to start with the listing system of China's A-shares.

"This task is probably very difficult.

It was only now that Yun Ling knew how huge Chen Jiayi's plan should be. Now look at this plan, what operating system "even if it is a 10,000 operating system plan" can not compare to this one. This is simply reforming the Chinese economy. Even if it is placed in the hands of the national leader, it is a first-class matter, not to mention for Yun Ling.

"However, if it is completed, for Brother Yun, I'm afraid."

If anyone can complete the task of reforming China's economy, they will definitely go down in history. Even, in later generations historians commented. His status will even surpass that of a whole bunch of national leaders. As in history, we all know Wang Anshi of the Song Dynasty and the important role he played in economic reform. But, may I ask, do you know which emperor was in power during the period of Wang Anshi, and he is not a scholar of history, who knows! And, if this one task is accomplished. For anyone, it is a huge amount of political capital, and it can be said that in the coming decades, he can be invincible.

"If Brother Yun feels that it is very difficult, he can unite with the Chang family and Mr. Wen, I think, they are also willing to clear the way for this road."

Speaking of which, the reform of China's capital market was also after President Wen came to power. As for the top leader of this government, I believe that for him, he will definitely be happy to see the reform of China's economy. "Moreover, my grand network is just a pioneer, and I will take a loophole in not breaking the system. If after the listing, the influence of the Tang Dynasty companies will be followed, I am afraid that a large number of companies will follow suit. Until the end, it was not difficult to reform China's capital market. ”

This is not a hard-hitting reform, but a slow, gradual approach.

In the beginning, as long as a few political elites were under the protection of a few political elites, there would be no problems, and it was impossible for others to oppose it desperately. Even today's imperfect system will not be violated. However, in the end, as long as the general trend is cultivated, the mature capital concept that flows into the hearts of the Chinese people. Nothing will be left to collapse these old-fashioned, rigid, and even unhealthy systems.

"I just don't know, Brother Yun, do you dare?" (To be continued.) If you like this work, you are welcome to come (. U Tian. Vote for recommendation, monthly ticket, your support is my biggest motivation. [The text is provided by the wings update group, and the wings update group recruits newcomers QQ group: 97349073, integrity group, selection of newcomers, regardless of technology, character priority! ] 】