Global monopoly of technology

Chapter 485: [A surprise for Wall Street]

"I dare not give you an exact answer to this, but what you said, Brother Luo, are quite constructive opinions and suggestions, and it is very worthy of further study."

Zhong Yuanhong said so.

What the Hong Kong Stock Exchange cannot accept is the partnership system proposed by Blue Star Technology. The Hong Kong Stock Exchange requires the same shares and the same rights. Blue Star Technology claims that a small number of shares occupy control of the group company, which is the AB share system. Different rights in the same share.

This is the bottom line of Luo Sheng. Therefore, the Hong Kong Stock Exchange cannot go public and can only go to North America to engage in ADR. Anyway, the village toto voucher on the old American side does not involve the company's control.

This so-called ADR is the abbreviation of escrow certificate. The United States is currently the most financially developed country in the world, and its related system design is also the most advanced. In addition to incorporating its own enterprises above the domestic scale into the stock market, the United States in order to earn the world Money from companies in other countries is convenient for U.S. investors to participate in foreign stock investment and also provides financing channels for companies in other countries except the United States. Morgan Bank of the United States created depositary receipts as early as 1927.

Bluestar Technology used ADR to go public in the US in 2006. In the strict sense, Bluestar Technology is not a company that is actually listed in North America, nor is it a North American company. It can only use ADR to trade in North American capital markets.

This is why, in addition to the United States, Bluestar Technology can also be listed on the Hong Kong Stock Exchange or other exchanges, because Bluestar Technology's listing in North America is not really a listing, and it is not listed in China.

If the Hong Kong Stock Exchange can support the requirements of different rights in the same share in the future, after Bluestar Technology completes its listing in Hong Kong, the shares listed on the Hong Kong Stock Exchange and the North American depositary shares listed on the NASDAQ will be able to convert each other.

This is where ADR excels. Not only can depositary receipts be exchanged, but also other securities can be exchanged. Global investors can purchase Bluestar's depositary receipts at North American exchanges, and also in Hong Kong. The stock exchange buys shares of Bluestar Technology.

At this point, the two parties were still sitting in the living room and talking about it. Zhong Yuanhong saw Luo Sheng personally brewed two and a half cups of tea and handed one of them.

After taking a sip, Zhong Yuanhong said again, "Brother Luo, I guess you want Blue Star Technology to go public in Hong Kong. In addition to these, there should be other questions?"

Luo Sheng nodded his head with a smile and said frankly: "First, although North America allows the same equity and different rights system, it does not mean that the market over there allows company executives to mess around, but more stringent regulatory conditions. Bluestar Technology must Meet the requirements of investors in terms of finances and growth expectations. Otherwise, no matter who you are, investors will not let you get through. Although I have always emphasized that Blue Star Technology does not take profit as the first purpose, last year's net profit was earned. At 72 billion U.S. dollars, equivalent to more than 490 billion yuan, enterprises are gradually becoming money-making machines in the financial capital market. "

"Second, the growth of Bluestar Technology has encountered a bottleneck. The global Internet user market has basically been divided up. If you want to develop, you must explore overseas emerging market countries. Exploring these emerging market economic regions requires a lot of financial support. Basically no return means that the initial investment is huge. I think the listing of the Hong Kong Stock Exchange is hoped to give higher valuation and financing support. Therefore, Bluestar Technology needs to go to the Hong Kong Stock Exchange to raise funds to expand the overseas territory. "

"The most important point is that Laomei is now deliberately suppressing Bluestar Technology. Investors in North America will remember the bluestar technology stock price bursting in succession. Although there are no airdrop agencies now, I think there will still be some people behind it. Our company's reserve of more than 200 billion US dollars is almost the same. Those airdrop institutions will never be indifferent. They are waiting. Therefore, it is still necessary for them to play iron. Bluestar Technology may not have a higher valuation in North America in the future. If we raise funds on the Hong Kong Stock Exchange, there will be a larger global strategic layout. "

At the end, after hearing Luo Sheng's words, Zhong Yuanhong couldn't help but sigh, but watched Luo Sheng with a smile and said, "Listen to you, there is a helmman like you sitting in town, I think Blue Star Technology will spend this time There is nothing wrong with the crisis, it's just a matter of time. "

Luo Sheng modestly said: "Rewarded."

Zhong Yuanhong smiled still: "I don't dare to pack tickets for the listing of Bluestar Technology in Hong Kong. Even if this can finally happen, it won't happen overnight, not even three or five years."

Luo Sheng nodded: "I know that, after all, it's not a trivial matter."

Zhong Yuanhong added: "But you do n’t think it ’s a problem if you want to borrow 350 billion yuan from the country. You can even give you a low-interest loan. The State-owned Assets Management Office should follow up. From an investment perspective alone, it's a good investment. "

Luo Sheng: "Really?"

Zhong Yuanhong laughed: "You can always believe in the 'Luo Sheng effect', so far even the current crisis has not disappointed."

Hearing that, Luo Sheng couldn't help laughing.

This "Luo Sheng effect" is really profound and profound. It cannot be explained by science, but it does exist and is very powerful.

After a while, Zhong Yuanhong got up and laughed, "There is nothing else, and it's time to say goodbye. Rest assured, Brother Luo, I will contact you immediately when there is news."

Luo Sheng immediately got up and prepared to get one free. Zhong Yuanhong stopped: "This is out of sight, stay away."

"Ha ha, okay, then wait for your good news."

...

After Zhong Yuanhong left, he also made a systematic report on the matter as soon as possible.

Luo Sheng was not too anxious. Even if he could not succeed, he would be able to survive the crisis, but it would be more difficult, but how should he live his life.

Over time, entering the beginning of April, the approval of Bluestar Technology Group in Luo Sheng wanted to officially release the 2012 Q1 financial report.

In the first quarter of 2012, the global total revenue of the group company was 34.72 billion US dollars, compared with the fourth quarter of last year, it had plummeted by more than 35%. The net profit for the quarter was 6.25 billion US dollars, and the net profit margin was only about 18%. .

It can be seen that the "Blue Star Technology Risk Assessment Report" issued by the Heise Group is very authoritative.

In fact, even though Bluestar Technology is now facing the loss of this international market, its net profit for this quarter is expected to reach US $ 9 billion, and the actual figure is US $ 6.25 billion due to the company's initiative to reduce corporate profits.

This financial report is in line with the expectations of Wall Street analysts. After the company's release, it did not cause sharp fluctuations in BTC stocks. There was no big rise or fall, but there were ups and downs, but the total market value remained at $ 370 billion. The gears fluctuate slightly.

It seems that the market value of Bluestar Technology Group has stabilized at this number. The size of such a large multinational technology giant can't fall, but it will be difficult to rise if it is not driven by events.

In this way, it seems to be bland to come to June 2012. In the past two months, Luo Sheng has returned to the work of Pantech, and his main energy is focused on the Star Arrow International and the Snowman Project.

Finally, in mid-June, the event-driven ... came.

...

Blue Star Technology Group's new headquarters in Mobius Ring, internal senior conference room.

Luo Sheng is in a meeting with the core managers of group companies such as Lao Zhang. At this time, his personal phone rang. Only Luo Sheng ’s phone rang in the conference room. The call will be turned off.

After all, it is the ultimate BOSS, this privilege still has.

An executive who had just spoken also took the initiative to stop speaking first. Luo Sheng took out his mobile phone and squinted at the caller ID. It was Zhong Yuanhong's phone.

Luo Sheng answered the call. The people attending the meeting didn't know who he was contacting, but they noticed that Luo Sheng's expression suddenly boosted the film.

"Well, I see. OK, OK, OK, that's great."

Luo Sheng quickly hung up the phone, and immediately shook his spirit. Zhang Bowen, who was sitting in the position of second-hander, laughed: "General Luo, it seems that there is good news."

Just now, Zhong Yuanhong called and said that the State-owned Assets Management Office will come up with 80 billion US dollars in astronomical figures. At the same time, the five major banks will also raise 356 billion yuan, about 52.2 billion US dollars of low-interest loans to Blue Star Technology Group.

Luo Sheng glanced at Lao Zhang and looked around at the executives who attended the meeting, and said without hesitation on the spot: "I decided to propose to the board that the group company will draw up a $ 135 billion BTC stock repurchase plan."

The proposal to the board of directors is just a process. Luo Sheng decided that the proposal must be absolutely approved because he has more than half of the nomination power of the board of directors.

"what?"

In this remark, senior executives such as Lao Zhang were collectively shocked.

Zhang Bowen said suddenly: "General Luo, a $ 135 billion repurchase plan, this, this ... Are you sure?"

Luo Sheng said affirmatively: "I'm sure!"

The crowd was stunned again, and Lao Zhang couldn't help asking: "My God, why is this?"

After hearing the words, Luo Sheng said with a smile: "Give Wall Street a reason to force me into debt ~ www.novelhall.com ~ Don't break the casserole and ask to the end, keep a little mystery, expectation, you will understand when we get it, we To surprise Wall Street, it depends on them. "

Everyone looked at each other. Obviously, the big boss was selling it. Although I didn't know what medicine was sold in this gourd, it was very exciting and crazy.

It's crazy. The executives present have followed Luo Sheng for so many years, and there have been many strong battles. There have been no scenes, but at this time, the heart can't help but flutter.

It's just dancing on the blade.

Once USD 135 billion was invested in the stock market, Wall Street was forced to debt at this time. After the remaining cash reserves were used to pay off the debt, it would either lay off staff and reduce R & D investment funds, or the company would face a crisis of capital chain disruption.

"Just do that. You have the full power to formulate and report directly to me."

...

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