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Text Chapter 2507 Rejection of listing

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    If the Hong Kong government asks for help from the capital, it is really possible that Niu Ruzheng and Yu Chengsheng can persuade Xiao Qi to let Meitu Share be listed in Hong Kong.

    After all, both Niu Ruzheng and Yu Chengsheng know that the current financial crisis is not the most serious at all. When the European debt crisis breaks out in full, that will be the beginning of the global economic crisis.

    If there had not been a European sovereign debt crisis, Xiao Qi could have refused, but it was precisely because the subsequent situation was more severe that Xiao Qi could not refuse.

    Xiao Qi has never thought that he has always held the majority of the shares of Meitu Sharing, even though it has shown signs of rushing towards the top of the picture website in its past and present lives.

    Because Xiao Qi still has a book that burns after reading, and in Xiao Qi¡¯s family property sequence, the more distinctive one that burns after reading is better than sharing beautiful pictures.

    So after letting the sharing of beautiful pictures develop to a certain level, Xiao Qi is going to take it public, expand its influence again, and stabilize its status.

    ¡°Then, Xiao Qi can take out Burn After Reading and take the world by storm.

    ¡° But this is the boy¡¯s own plan. He doesn¡¯t want others to interfere and tell you when to raise funds and when to go public He hates people who have long hands.

    But in life, there are always so many areas that require compromise.

    Xiao Qi will probably succumb to the lobbying of Niu Ruzheng and Yu Chengsheng, but he has no good impression of this group of people in Hong Kong at all.

    ¡°If you don¡¯t have the ability to develop the economy, you only know how to make others care.

    When faced with economic stagnation, they are completely helpless and only know how to complain. How is this contrary to Baodao's performance?

    "Did you hear that they were planning to do this?" Xiao Qi asked Yan Chenglong.

    "Yes, if the situation continues like this, they will apply to the Hong Kong government, and the Hong Kong government will also take care of them. They will talk to Meitu Sharing Company first. If they can't reach an agreement, they will be prepared to find the capital." Yan Chenglong  replied.  He is a local snake in Hong Kong. Hong Kong is such a big place, so the news cannot be hidden from him.

    "I see."

    Xiao Qi sighed and said, "Lao Yan, we are not outsiders. If there is a day when Meitu Share is listed on the market, I will let Karen contact you when discussing the restructuring of the joint-stock company."

    "Okay, thank you Qi Shao!"

    Yan Chenglong felt a big stone fall in his heart.  "I have one more thing to ask Qi Shao. My younger son thinks sharing beautiful pictures is cool, and he wants to use it as a good asset. But my older son thinks he can wait until the listing price rises sharply, and then sell it for profit.  LiWhich method do you think is better?"

    He didn¡¯t ask how much Xiao Qi was going to sell it for. Being able to buy it according to the valuation at that time was already considered very good. He was much luckier than those who couldn¡¯t buy it.

    Yan Chenglong really doesn¡¯t regard Xiao Qi as an outsider.

    I haven¡¯t bought Meitu shares yet, so I¡¯m starting to plan how to deal with it now, and I¡¯m not afraid of Xiao Qi being angry.

    Xiao Qi is really not angry.  Doing business is doing business. Yan Chenglong bought the shares of Meitu Sharing just to make money. As for making money by holding it or selling it, it is his own freedom.

    "The shares you can get will not be too many. If possible, it is better to hold shares." Xiao Qi thought, "The influence of sharing beautiful pictures will be very great, which will help your children improve."  If you use your popularity well, it will also improve the Yan family¡¯s image.¡±

    Yan Chenglong is such a smart person. He knew what Xiao Qi meant when he heard this, "Haha, I know. When the time comes, I will tell them to put their tails between their legs and be a good person, not to act recklessly, and to win some glory for the Yan family."

    Yan Chenglong¡¯s background was not very good. After he became rich, his children were not so honest, so there was no big mistake.  But he keeps making mistakes, and he is a topical figure in Hong Kong.

    But now that Yan Chenglong has become the ninth richest man in Hong Kong, it is very likely that he will go further in the future. Therefore, in order to build a century-old wealthy family, Yan Chenglong feels that he must manage the public image of the Yan family.

    Therefore, over the years, Yan Chenglong has been donating money and doing good deeds everywhere, trying to improve his image, and the results are pretty good.

    However, with his children causing trouble around him, the reputation of the Yan family has dropped a bit.

    Yan Chenglong also knows that his children are not very reliable, so he is praising Xiao Qi's family fund plan, thinking that this can make the children of the family rich and prosperous without worrying about losing their fortune.

    ¡­¡­

    Xiao Qi was discussing things on the yacht, and Feng Kelun also welcomed an important guest in the office, Zhou Wuyao, CEO of the Hong Kong Stock Exchange.

    "Mr. Feng?, seeing how prosperous this place is, I am very happy that there are scientific and technological talents like you in Hong Kong!  "After a while of greetings, Zhou Wuyao said with emotion.

    After such a long period of training and dealing with countless giants, Feng Kelen is no longer the young man who was just starting out.

    So he just smiled and said: "Thank you, Mr. Zhou, for the compliment. We are not doing enough now. We need to continue working hard to stand at the pinnacle of the world's electronic technology."

    "Don't rush this, you can work hard slowly!" Zhou Wuyao said with a smile, "But I think that a beautiful photo sharing company should be prepared to accept the test of the market. Only after undergoing market-oriented operations can a company truly grow and become a  The pride of a city, a region, and a country!¡±

    Feng Kelun nodded and said, "The Meitu Sharing Company will definitely accept the test of the market, but now is not the time. Our development is not good enough and we have not met the requirements at all."

    "If even a company valued at US$3 billion by Morgan Stanley and other companies is not qualified to be listed, it would be too arrogant to belittle oneself." Zhou Wuyao said, "We have studied it and found out if the Meitu Sharing Company can  If listed on the Hong Kong Stock Exchange, the IPO value can be set at US$6 billion. If you raise 20%, it will be HK$12 billion. Then, relying on the reputation of Meitu Sharing Company and the reputation of the largest shareholder, Mr. Xiao Qi, plus the reputation of the Hong Kong Stock Exchange.  In line with the key publicity, there is no problem with a 20%-30% increase. You can sell the stock after the six-month lock-up period, which should make your R&D funds continuous and more abundant.¡±

    Zhou Wuyao is considered a benefit.

    Usually the valuation of Hong Kong stocks is relatively low, and only after listing will the power be gradually seen.

    In the previous life, Penguin was listed in Hong Kong, but its market value was only a few hundred million. However, by 2013, it soared to more than 100 billion. It can be said to be a model of successful counterattack.

    The IPO value given by the Hong Kong Stock Exchange to Meitu Sharing is US$6 billion, which means that after they convert into a joint-stock company, they can submit an IPO application for US$6 billion, and the Hong Kong Stock Exchange will immediately agree, and Meitu Sharing's listing will  The total value reached as much as 6 billion US dollars.

    The benefits gained by Meitu Sharing Company are equivalent to directly doubling the value.

    "When others want to buy shares in Meitu Sharing Company, and the underwriters sell the shares, they use this US$6 billion as the basis.

    As for after the listing, Meitu has so many gimmicks to share, and the Hong Kong Stock Exchange will also highlight it. Let alone a 30% appreciation, it is also possible to appreciate it by 50% or more.

    It¡¯s just that the lock-up period is a bit long, usually reaching half a year or one year. For an absolute controlling shareholder like Xiao Qi, the most exaggerated limit is three years.

    Zhou Wuyao can point out that the lock-up period is only half a year, which naturally gives shareholders of the Meitu Sharing Company an opportunity to make money by selling, which is also a benefit.

    Feng Kelen heard it clearly, but he did not waver at all. "I'm sorry, President Zhou, I have no such plan for the time being. Our largest shareholder, Mr. Xiao Qi, is not in a hurry to go public. If he doesn't agree, there is nothing anyone can do."

    Zhou Wuyao¡¯s mouth twitched.

    He thought to himself that everyone knows that Xiao Qi has no restrictions on the beautiful picture sharing company. It all depends on Feng Kelen and the others. Feng Kelen has the final say in the entire company.

    ¡°And who among the upper class in Hong Kong doesn¡¯t know that your sister Feng Kexin is Xiao Qi¡¯s woman and even gave birth to a child for him? You are basically a family!

    If Feng Kelun makes any decision, even if Xiao Qi disagrees, will his wife still disagree if she blows the pillow?

    So in the final analysis, Feng Kelun himself does not want to go public.

    But as mentioned before, for those who want to be listed on the Hong Kong Stock Exchange, Zhou Wuyao is the God of Wealth, but for those who do not want to be listed on the Hong Kong Stock Exchange, Zhou Wuyao is just that.

    Therefore, all his power cannot be used by Feng Kelen.

    "Mr. Feng, I know you are not short of money, but the entire company depends on Mr. Xiao Qi's investment. Even if the photo sharing becomes the world's first-class Internet company, everyone will only remember Xiao Qi, not you.  Ah!" Zhou Wuyao said seriously, "If you go public and transform into a joint-stock company, clarifying the rights and responsibilities of shareholders, clarifying the rights of management, and equity incentives, it will be more suitable for you to succeed!  It¡¯s your glory!¡±

    "I have this plan, but not now." Feng Kelun said with a smile, "I told Mr. Xiao Qi that when the number of registered people exceeds 500 million and the number of monthly active people reaches 300 million, we can enter the IPO process."

    "How long is the approximate time?" Zhou Wuyao frowned.

    ¡°?If it develops well, it will take one year, otherwise two years.  "Feng Kelun said, "Only by laying a good foundation can we develop better.  I have to be responsible to my shareholders and to future shareholders, so I have to be steady and steady.  I can only understand President Zhou¡¯s wishes now.  "

    "In this case, it will only be like this temporarily." Zhou Wuyao said helplessly.

    He didn¡¯t expect that Feng Kelen was so determined that he wouldn¡¯t even give him a chance.

    This is the disadvantage of not being short of money. If you switch to another company, you must be eager to get such good conditions and then go public to make money, right?  (To be continued.)
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