Chapter 209: Winner-take-all and "small" potential

Although Li Hualong knows that Wal-Mart and Nike will become giants in their respective industries, he also knows in his heart that these two companies have not yet been listed, and investing too early will have a certain risk, and he is only a small shareholder

In another time and space, Larry, the founder of Oracle and the long-time CEO of Oracle? Larry-Ellison, whose huge stock options income has drawn complaints from shareholders who voted against the site's executive compensation plan. In the thirteen years since 2000, Ellison's compensation at Oracle totaled more than $2 billion. This figure includes salaries, bonuses, allowances, and stock option earnings.

Of course, Li Hualong also knows that when the major shareholders of many listed companies serve as CEOs, they only receive a small nominal salary.

Li Hualong didn't want to meet Larry in the process of investing in Walmart and Nike? Ellison is a character like that, he doesn't have much of a precaution, he just wants Sam? Walton, as well as the two founders of Nike, are of better character, and he is willing to take potential risks, and if he succeeds, he can make a good profit.

On Sunday, April 2, in the morning, Li Hualong slept until he woke up naturally, and when he woke up, he found that Yang Meng, who had spent the night with him last night, was no longer in the bedroom.

Li Hualong looked up at the wall clock hanging on the wall, and muttered: "It's half past eight, and I've slept for more than nine hours, and I haven't slept so long for a long time." ”

Li Hualong did not continue to lie on the bed, immediately got up, went into the bedroom to wash, took off his nightgown, and changed into a casual home dress.

When going downstairs, Li Hualong met Chen Sisi, who was going upstairs.

"Sisi. Good morning! Li Hualong smiled.

"Morning!" Chen Sisi smiled, "The eldest brother called just now, can you call him back?" ”

"Not in time, right?" Li Hualong asked.

"It shouldn't be in time, just say that when you get up, call him back." Chen Sisi said.

"Oh, then I'll wait until I've had breakfast. What are you doing? ”

"I'll go upstairs and get something. Stop talking, go have breakfast. ”

Li Hualong went downstairs to the living room, said hello to his family, and went into the dining room for breakfast.

After breakfast, Li Hualong made a phone call to Li Huawen.

"Big brother. What's the matter? Li Hualong asked with a smile.

"Yesterday the Bank of East Asia held a board meeting, and it plans to go public later this month." Li Huawen said with a smile, "Before listing, the total share capital was 300 million shares, and when it was listed, 80 million shares were issued at an issue price of 1 Hong Kong dollar per share. ”

"The amount of funds raised by the Bank of East Asia is not high." Li Hualong smiled slightly and asked, "What do you mean by telling me this?" ”

"For me, BEA is a good thing. Say a word to you and let you share my joy! Li Huawen said with a smile.

"Congratulations, big brother." Li Hualong smiled, "Based on the stock price of BEA at the time of listing, you invested in this company. Got a strong return on investment. ”

"It's okay, compared with your investment in Hang Seng Bank, SONY and other companies, I am still a little behind." Li Huawen smiled, "Guess what." How much did I hold before BEA went public? ”

"If you didn't ask that question, I'd think you hold 120 million shares. Forty percent of the 300 million shares, if you ask so, the shareholding ratio must have increased. ”

"That's right." Li Huawen smiled happily, "I now hold 150 million shares of BEA, with a shareholding ratio of 50%, and after the listing, the shareholding ratio will fall. ”

Li Hualong smiled slightly, changed the topic and asked, "What are you busy with today?" ”

"I originally wanted to go to your house for the weekend, but I have a party at noon today, and I'm going to go out later."

"Socializing is unavoidable, you can drink alcohol often, but you can't drink too much, drunkenness is not good for your health."

"How many times a year can you see me getting drunk for twelve months a year?" Li Huawen smiled, "It's okay, I won't disturb you to enjoy your family at home." ”

"Teasing the sun is the best realm." Li Hualong said with a smile.

Last year, Li Shengquan's wife Yu Xiaozhen gave birth to a big fat boy, and Li Huawen was "promoted" to become a grandfather.

"Don't envy me, I still envy you for watching your newborn son drink milk!" Li Huawen laughed and said, "Really, don't say it, I'll hang up." ”

After Li Huawen finished speaking, he hung up the phone, Li Hualong hung up the phone, and deliberately glanced at Xi Chongyi, who was holding his young son, who was chatting with Yang Meng.

Li Hualong came to his father who was reading the newspaper and sat down, and asked, "Abba, what big happened yesterday?" ”

"It's not a big deal." Li Yisong smiled, handed the newspaper in his hand to Li Hualong, and asked, "Your eldest brother just told you about the listing of the Bank of East Asia?" ”

"yes, I didn't say anything else."

"Compared to Hang Seng Bank, BEA is too small and has limited development potential." Li Yisong said lightly.

"Abba, a small company is not entirely a bad thing, small means that there is potential for development."

"Savers are willing to put their money in a big bank with a good reputation, and I think as long as you don't give up on Hang Seng Bank, this bank will definitely be able to continue to grow. Hang Seng Bank is already preparing to open a subsidiary in Singapore, and if the overseas business develops, Hang Seng Bank will definitely be able to soar, and it would be good if the Bank of East Asia can keep up with the development speed of Hang Seng Bank. Li Yisong smiled and continued: "According to your statement, the winner takes all. That word can be used here, right? ”

"Yes." Li Hualong smiled slightly, "The banking industry has always been a highly competitive industry, and I feel that the development potential of the Bank of East Asia is still very large. ”

Li Yisong smiled silently, noncommittal, picked up the teacup, and drank the tea slowly.

Li Hualong also spread out the newspaper he had just received from his father, browsed it, and when he saw the content he was interested in, he would also read it carefully.

More than half a month later, on Tuesday, May 25, the Bank of East Asia was listed on the Hong Kong Stock Exchange.

Before the listing, the Bank of East Asia publicly issued 80 million shares and raised 80 million Hong Kong dollars, and the new shares were sought after by investors, with a very low winning rate, and more than 2 billion Hong Kong dollars were frozen.

On the day of BEA's listing, the opening price was HK$1.46 per share, and the stock price opened high and moved low, closing at HK$1.32 per share.

Few people would have imagined that in the next three years, the Bank of East Asia's share price would exceed its opening price at the time of listing.

The stock price of the Bank of East Asia has not been able to rise, which has a certain relationship with the performance of the bank, but the most important reason is that on the first day of listing, investors over-sought the stock, making the stock price higher than the market price, even after more than half a year, the Hong Kong Hang Seng Index continued to rise, and the stock of the Bank of East Asia failed to break through the price of HK$1.46 per share. (To be continued......)