Chapter 635 [IPO of Two Giants]
October Yin began.
Xiaomi Technology announced that it will be listed on the Hong Kong Stock Exchange on October 16, issuing 540 million shares (accounting for 15% of the total share capital) and raising 4.2 billion Hong Kong dollars for the research and development and production of electronic products.
Prior to this, Xiaomi Technology also issued 15% to institutional investors, and New Era Group obtained 10% of the shares, while other institutions only had a 5% share.
In other words, Xiaomi Technology has obtained a cash flow of about 8 billion at once, and these funds will be used for the development of the company's science and technology industry.
In addition to the 30% public shares issued, the remaining 70% of the shares are: 40% of Jingwei Capital, 15% of Zou Kaixuan, and 15% of the Employee Fund Company.
In other words, the incentive equity accounts for 15% of the total share capital, but it is through the employee stock ownership fund company, and the employees who receive the incentive hold internal equity in the employee fund company.
October 2nd.
In addition to introducing the company's business, the press conference held by Xiaomi Technology also depicted the profit prospects for investors. Zou Kaixuan, as the chairman of the board of directors and CEO, attended the press conference.
"It is expected that the total sales of VCD in the mainland will exceed 10 million units this year, and the sales volume of Xiaomi Technology will exceed 4 million units; The company holds 80% of the equity of the decoding chip, and can also obtain a lot of income. ”
Let's try it soon, everyone. 】
"The USB flash drive released by Xiaomi Technology in the first half of the year is the world's first USB flash drive, which will bring a lot of profits to the company in the future, as well as a large number of patent royalties."
"Xiaomi's mobile phone products are also very popular in the mainland, Hong Kong and Southeast Asia."
"The 'PHS' being developed by Xiaomi Technology is a mobile phone based on PHS technology....... Considering Asia's demographic technology, the number of users of this product may exceed 100 million. ”
Every time Zou Kaixuan described it, the crowd couldn't help but exclaim in a low voice, with an incredible expression on his face.
The whole press conference was in a state of excitement, and of course, some people questioned it!
"As far as I know, there are hundreds of copycat VCD manufacturers in the mainland, and the market for Xiaomi VCD is being eaten step by step!"
Zou Kaixuan said: "This is expected, but with the quality and reputation of Xiaomi VCD, I believe that it can firmly hold 30% of the market share." At the same time, other products of Xiaomi Technology have been successful one after another, and they no longer rely on a single product for success. ”
The reporter added: "At present, Xiaomi technology has not replaced the important products of VCD players, am I right?" ”
Zhou Kaixuan: "Of course not! Only a small USB flash drive has a 100-billion-level market behind it........ We can enjoy hundreds of millions of Hong Kong dollars in net profits every year based on patent fees alone. And our mobile phone business, which is increasing step by step, you think about it, the mainland market. ”
Everyone nodded, Xiaomi Technology has developed very well in the mainland, with technology, background, and successful experience, and it is indeed a good company.
Although Lin Zuhui did not attend the press conference, many people know that he is the boss behind him and the biggest investor. As for the relationship with Zou Kaixuan, in fact, many people have guessed it, but they won't say it explicitly.
Following.
At the entrances of the 10 designated bank outlets, there was a long queue of Heung Kong residents to receive the 'Xiaomi Technology IPO Subscription Application Form', and among the people who received the watch were elderly, Filipino maids and women holding babies, and many of them were messengers assigned by the company to come to collect the tables.
The IPO was so frantic that, in addition to the fact that it was a technology stock, the prominent shareholder background, coupled with the limited number of shares offered to the public, naturally caused a sensation. It is estimated that the oversubscription multiplier is hundreds of times.
........
The listing of Xiaomi Technology was very smooth, and its market value once approached 40 billion Hong Kong dollars in late October, creating the technological myth of Xiangjiang. Of course, half of the reason behind this myth is Lin Zuhui's 'myth'. In recent years, Lin Zuhui has had a great influence in the science and technology community, especially in the United States, and his investment has been quite successful.
Xiaomi Technology's shares have not yet gained a foothold, and Lin Zuhui's financial company, Octopus Bank, also announced its listing in late October, attracting investors to buy again.
Although the IPOs of the two companies are both around 30 billion, which is a record IPO in Xiangjiang, after all, only 15% is issued to the public, so it is still a situation of more monks and less meat.
Octopus Bank issues a total of 25% of the shares of the public, of which 10% are institutional investors, and the public still has only 15% of the shares. The amount of Octopus's IPO is 30 billion, raising about 7 billion yuan.
The reason why it is so high is that Octopus has tens of billions of cash flow on its bank account; Even compared with the Bank of East Asia of the same level, Octopus is worth more than $30 billion, because the market value of the Bank of East Asia is about $35 billion.
However, the funds raised by the listing of Octopus Bank are about 7 billion, which can be regarded as the sale of shares, so this part of the funds will go to Octopus Financial Group, not to Octopus Bank; It is equivalent to a spin-off listing.
Even so, Octopus Bank also has a cash flow of tens of billions of Hong Kong dollars, as well as an annual profit of more than 3 billion, and its market value is also heading towards 50 billion.
In the Octopus Bank conference room, Lin Zuhui was having a meeting with the senior management.
"After the company goes public, it is still more stable than everything, and there is no need to rush to expand the business. Not only that, the Asian economic bubble has emerged, and it is necessary to be cautious, for example, the real estate industry in Xiangjiang has reached a point where it is unbearable for the public, and the company must also consider tightening real estate loans! Lin Zuhui said.
The liquidity on the account is kept by Southeast Asian banks and Korean banks, rather than rushing to invest. As for reminding to tighten real estate loans, there is no need to worry about leaking rumors, after all, even if Lin Zuhui publicly appeals in the newspaper, it will only be managed for a few days, and everyone should speculate in real estate and stocks as usual soon.
He Changhong nodded, he knew that the boss was still very conservative about commercial banks, otherwise there would not have been no big moves over the years. However, even so, Octopus Commercial Bank, with the signboard of 'Lin Zuhui', still has a great advantage in absorbing deposits.
"Okay, boss! The company is still operating step by step, developing steadily and improving service quality. ”
Lin Zuhui said with satisfaction: "I don't want Octopus to develop into HSBC, I hope to have an excellent retail banking business like Hang Seng Bank." ”
The so-called retail banking business refers to the comprehensive and integrated financial services provided by commercial banks to individuals, families and small and medium-sized enterprises by using modern business philosophy and relying on high-tech means, including deposits and withdrawals, loans, settlements, foreign exchange, investment and wealth management and other businesses.
A group of high-level executives should be, the boss is accurately positioned, and he is not at a loss to become bigger.
But then again, the two banks inherited by Octopus Bank are both established banks with good overseas business channels and experience, which also gives Octopus Bank a large overseas customer base.