Goldman Sachs (Asia), as the global coordinator and sponsor of Tengxun's listing, offered 420.2 million shares at HK$4.52 per share, raising approximately HK$1.9 billion (US$243 million) and a market capitalization of about HK$7.6 billion (US$976 million).

Based on the issue price of HK$452 million, Xiao Ma Ge, who owns 14.43% of the company's shares, has personal assets of nearly HK$1.1 billion.

On the day of Tengxun's listing, the stock price ushered in explosive growth, gapping to open, as of the closing price of HK$7.30, an increase of 61.5%, with a market value of HK$12.274 billion, and Xiao Ma's worth soared to HK$1.77 billion on the same day.

On this day of Hong Kong stocks, investors and shareholders of all sizes are crazy about this capital feast.

These huge numbers change in an instant, not only the transformation of numbers, the fluctuation of K-line charts, but most importantly, the fluctuation of wealth, and this is the most crazy thing.

On this day, Teng Xun, one of the four major Internet companies in China, took the lead in successfully achieving IPO listing, for a start-up company, the realization of IPO means that this "entrepreneurial game" has been cleared, and Teng Xun took about 6 years to clear the customs, and it is also a new beginning after listing.

This day is destined to be the highlight moment of Teng Xun, and no one can grab the headlines in the industry, but except for Bluestar Technology, which is still a strong rubbing, because Bluestar Technology is also frequently mentioned in the news of Teng Xun's listing.

Industry insiders can find that on the eve of Tengxun's listing, Bluestar Technology suddenly announced a piece of information, and it is rare that this information is not too complete. The industry unanimously believes that Tengxun soared 60% on the day of listing, and its 9.45% stake in Bluestar Technology played a great role, and this equity may be at a premium of about 500 million US dollars according to the current valuation of Bluestar Technology, equivalent to one-third of the current total market value of Tengxun.

One of the four major Internet companies "BALT" has already completed its listing, and industry insiders and the media are also paying attention to which one will be next, after all, several others should be about to go public.

However, it will definitely not be Bluestar Technology, the reason is also very simple, two reasons, the first is that Bluestar Technology has only reached the B round of financing stage, although it is not necessary that ABCDEF will go through a round before it is listed, but the second reason indirectly proves that Bluestar Technology will not be listed in the short term, that is, it has not created a profit of a dollar so far.

It's not that Bluestar Technology can't make money, no one thinks so, but Luo Sheng has been pressing the company not to rush to realize profits, which is for greater ambition.

And this is also the reason why many people in the industry admire Luo Sheng very much, let it be able to quickly realize profits but always be able to hold back, this is not something that ordinary people can do, not only to restrain themselves, but also to get investors.

Many people are looking forward to what kind of grand occasion it will be when Bluestar Technology officially monetizes traffic.

And the biggest call in the industry is whiteness, because at the beginning of this year, whiteness also announced that it will be listed in the United States next year.

Baidu is actually very uncomfortable now, because Luo Sheng has muddied the domestic search engine market that was gradually becoming clear again, and until now, who can stand out from it is still foggy.

Most people agree that Baidu is the most likely company to become the second company to go public in the "BALT", because it is likely to be more and more difficult to go public again.

As for Ahri Baba, the current Ahri Baba can create a profit of 1 million yuan every day, which is better than the days in 2002 I don't know how many times, that year Ahri was really dead, and the company was almost gone.

But Ahri also has no plans to go public in the near future, and is now in a good fight with eBay, and there are domestic counterparts who have not solved it, because eBay's competitive pressure is high, and it can't be solved with free hands.

……

Early the next morning, June 17, Luo Sheng took the initiative to call Xu Chenghua to congratulate him.

"To tell you the truth, Brother Luo, if there is no about 9% of your company's shares, we dare not set the issue price to 4.52 Hong Kong dollars, but 3.7 Hong Kong dollars, but what I didn't expect is that the opening of the day will gap high, which is roughly calculated before and after, at least double the company's total market value."

At this moment, Luo Sheng was having a telephone conversation with Xu Chenghua, and learned that Tengxun's previous plan was to set the issue price at 3.7 Hong Kong dollars, and it was expected to raise about 200 million US dollars, but because he held about one-tenth of the equity of Bluestar Technology, he raised it to 4.52 Hong Kong dollars in US stocks after discussion, and raised 240 million US dollars in IPO, but the result was still underestimating the market's expectations.

After a few minutes of communication, the communication ended, and everyone was busy.

Luo Sheng stayed at Bluestar Technology for two hours, held a senior management meeting to learn about the company's operation and the development process of the [BluestarVideo] project, and then went to the Cote d'Azur.

His current focus is basically on the Côte d'Azur, two-thirds of his working time is in the "Côte d'Azur laboratory", as soon as the Côte d'Azur company was established and the highly confidential [Azure] project plan was launched, Luo Sheng's focus undoubtedly fell on the Côte d'Azur company.

Luo Sheng is undoubtedly an innovator when he founded Bluestar Technology and launched a number of Internet products, because the products he made have not been done in the industry.

And the products that the Côte d'Azur company's [Azure] project plans to do, Luo Sheng is undoubtedly a challenger, and the object of the challenge is also a behemoth, one is more terrifying than the other, it is a real giant in the industry, and it is not one or two, just count Apple, Motorola, Penmai, Blackberry, Nokia......

……

With the passage of time, the popularity of Tengxun's listing finally gradually subsided in the industry, and the company's market value finally stopped soaring after the line of 16.2 billion Hong Kong dollars.

On June 21 of this year, the search engine section of Bluestar Technology officially launched the associated supplementary product of Yunge search on this day [Yunge knows], which is an interactive knowledge Q&A sharing platform based on search, which was set by Luo Sheng and Yu Jun as the product manager, as early as February this year, the project was developed by a team led by Yu Jun.

[Yunge knows] that the launch did not hold a grand product launch conference, but it was launched as scheduled.

……

The next day, the headquarters of the company.

In a conference room, Mr. Li had an impromptu meeting with people from the company's operations department and several senior product managers.

"Bluestar Technology Co., Ltd. launched a low-key related product of Yunge search yesterday, called [Yunge Know], an Internet product based on search-based interactive knowledge questions and answers, what do you think?" Mr. Li said in a deep voice.

Except for Luo Sheng's Bluestar Technology, other Internet companies have a strong sense of crisis, and among the "BALT" four, Baidu's sense of crisis may be the largest since last year, and the other three are all developing in a better and better direction, but Baidu seems to be doing the opposite......

It is not an exaggeration to describe the company now with the belly and back enemy, although it occupies more than half of the market share in the search engine, but it does not dare to take it lightly, from the beginning of the launch of Blue Star Music by Bluestar Technology, Baidu quickly acquired Qianqian Music to consolidate its mp3 music search moat.

Whiteness is really anxious right now.

A senior product manager in the meeting was using Yunge search on his laptop, and after experiencing the new products of competitors, he said: "The new products of Bluestar Technology, how to say, I think it can be regarded as a supplement to the Yunge search function, and its biggest highlight is that users ask questions according to the targeted, and mobilize other users through the point reward mechanism to solve problems and enrich the search mode." ”

The product manager sitting next to him adds, "The answers provided by users are further used as search results for other users with similar questions, so as to achieve the effect of knowledge sharing." To put it simply, this is the power to mobilize the masses, and users are both users and creators of content, forming a virtuous positive cycle, which can be called perfect. ”

"Whether it is the previous [Tieba] or the current [know], its accumulated knowledge data can be reflected in the search results, and then through the interaction between users and Yunge search, the community of the search engine is realized." Another executive who attended the meeting couldn't help but say with emotion: "Luo Sheng is the initiator of social sharing and web2.0, and the user experience of Yunge search combined with these related products is indeed commendable." ”

……