In the Nasdaq technology stock sector, the company's market value has been rising.
The growth of profits obviously cannot keep up with the growth of stock prices, and the amount of profits is often small. Only a group of companies, including Microsoft and Oracle, are really quite profitable.
The bubble is getting bigger.
Zheng Yongwen reminded that chasing highs will not end well. Su Yehao agreed with this statement, but he had an innate advantage that others did not have, and felt that he could take another gamble. So he did not take the deputy dean's reminder to heart, and only said that he knew what was going on.
.
Seeing that Zheng Yongwen had no intention of cooperating in leveraged trading, Su Yehao would not force it.
The person in charge of trading is not confident. He still gives money to others. Isn't he asking for trouble? It's better to continue to make troubles on his own and at least have some confidence.
With the temper of the former chief financial adviser, Su Yehao believed that he did not have the ability to completely suppress him.
For example, if Vice President Zheng Yongwen gets a headache and wants to short the Nasdaq index, or short AOL, Yahoo, etc., wouldn't this be a nail in the coffin at this juncture, and he will become impatient?
So I won’t mention it again.
Su Yehao ordered a claypot rice with yellow beef, and Xiao Nizi had grilled lamb chops.
Zheng Yongwen was not polite. He ordered a portion of caviar, white truffles, Iberian ham and so on. He was probably hungry and took the opportunity to kill the big guy.
Wagyu beef looks beautiful, but the meat is too tender when you eat it, and it is not as fragrant and chewy as yellow beef.
Eat some rice and drink some orange juice to moisten your mouth. Su Yehao said:
"Doing exchange business can ensure income during droughts and floods, and take care of both bulls and bears. In addition, the more turbulent the market is, the more profitable it is. It is indeed a good project. If, I mean if, another store similar to the NASDAQ in the United States is opened in Hong Kong.
, do you think it is feasible for a new exchange with low listing threshold and the function of different rights for the same shares?”
Don't even think about it.
Vice President Zheng Yongwen shook his head directly, chewed caviar in his mouth, and said vaguely:
"Copying a Nasdaq in Hong Kong City?"
"Don't dream. There are so many companies and funds in the United States. Hot money all over the world is going there. Our market in Hong Kong is only so big. The transaction volume in one day is less than one-tenth of others. Unless the Hong Kong government strongly supports it, the entire
Companies in Asia's high-tech, medical, telecommunications and other industries are coming here to list, but since there is already Nasdaq, why should they choose you?"
"Also, the most direct thing is, who will pay for the IPO funds? It is better to expect the wealthy people in Hong Kong to support small companies with uncertain futures. It is better to expect them to continue to reclaim the sea and build buildings. In addition to collecting rents, what else can you do compared to a second-rater like you?
The ancestors are far behind."
"..."
After listening, Su Yehao burst out laughing.
I don't know whether to thank him or give him a blank look.
He was praised, but his father was harmed. One of them was reclamation, one was rent collection, and one was building a building. Father Su succeeded in them all.
Thinking about my old man's initial attitude towards his own business, I immediately understood that it would be difficult to raise money from Hong Kong alone. The IPO would not go smoothly, and of course it would not be attractive to entrepreneurs.
As for the mainland... there are too many good projects to make money, and it is estimated that no one is willing to take money to bet on the bright future of startup companies. The risk is a bit high.
If the eye sockets were not too shallow, the Internet companies in the previous life would not have allowed foreigners to take advantage, and a large number of shares would have been concentrated in the hands of outsiders.
Not to mention that it is better to buy than to buy, and end up with the neck stuck in the end. In fact, there was an opportunity to enter the market, but failed to seize it in time, and was covered up by a bunch of compradors, making a lot of money.
When I thought about it, I immediately realized that my idea of creating an exchange similar to Nasdaq was unrealistic, at least not yet with the strength.
Su Yehao is definitely not a character who never looks back. Since he felt that it would not work, he asked Zheng Yongwen again: "Then, if the merged Hong Kong Stock Exchange is reformed and separate AB shares are launched for medical and high-tech industries, low-income
What about the measures for threshold financing and listing?”
"This... to be honest, I haven't thought about it."
After Zheng Yongwen frowned and thought about it, he continued: "As long as we control the board of directors, it shouldn't be too difficult. After all, Nasdaq is developing very well. With this example in front of us, I don't think anyone will follow.
Money can't get through, and this is in line with the Hong Kong government's need to develop high-tech industries. But why have you been paying attention to this aspect?"
He raised the corners of his mouth and smiled.
Su Yehao wiped his mouth and told: "You have your pursuits and don't want the Hong Kong Stock Exchange to be controlled by multinational capital, and I also have my ideals. To sum up, it is probably to solve the problem for a group of high-quality start-up companies headed by mainland companies.
The problem of financing difficulties is not being harvested by Europe and the United States. I have a longer-term view. Anyway, I always feel that if I do this, it will be very beneficial in the future."
A moment of silence.
Vice President Zheng Yongwen smiled and said: "I didn't expect it, I didn't expect it at all. You make me look at you with admiration. Neither of us wants to be taken advantage of by white people. We have such a tacit understanding that we won't open a bottle of Romanee-Conti to celebrate."
one time?"
Su Yehao ignored his words and only said: "Romanee-Conti is also produced in Europe, isn't it? If you want to drink it, just drink Changyu. That's enough."
"No need, no need to be so harsh, I have a cabinet of French wine at home, I can't just smash it all..."
Nangong Tian sat aside, happily eating lamb chops.
Listening carefully to Brother Hao's words, she always felt that Brother Hao was talking about something big and big with the old man opposite.
Although she didn't know the weight of the Hong Kong Stock Exchange, since even Su Yehao was so interested in it, and said that it could guarantee harvests during droughts and floods, and take care of both bulls and bulls, it seemed like it had a pretty promising future.
She was delighted that Zheng Yongwen praised Brother Hao, and when Xiao Nizi looked at the vice-dean, she instantly felt much more pleasing to the eye.
It's just so realistic.
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after eating.
Su Yehao and Nangong Tian held hands and walked together on the streets of Central.
He no longer cares about the occasional scandals and gossips being exposed in public places. Anyway, both Yin Liuli and Nong Qingying are almost insiders, and they have probably gotten used to it over time.
As for Jiang Yu, needless to say, since leaving the Maldives, there has been a strange tacit understanding between the three of them.
Of course.
The relationship has taken a step forward, and it is still very early for them to have a table of mahjong. In Su Yehao's opinion, they are not easy to mess with, so it is better not to get together.
Xiao Nizi asked at this moment: "Brother Hao, are you planning to invest in the Hong Kong Stock Exchange?"
"Well, whether it can be successful or not is another matter. Even if you enter, you may not be able to say anything. It may just be an investment in the end. The price is not high, so it is good to give it a try."
Su Yehao has completely calmed down.
I found that with his strength, his confidence was still a bit weak when he got involved in this kind of transaction.
Morgan, Citigroup, and HSBC are all giants that manage hundreds of billions of dollars. You can imagine how difficult it is to steal from them.
Fortunately, the idea of creating a Hong Kong version of Nasdaq seems to be in the interest of this group of people.
In this era, Europe and the United States generally do not pay enough attention to Asia. If Japan wants to take action, it may be suppressed. After all, it is the second largest economy in the world and is eyeing by the United States.
But Hong Kong City should be okay. It is one of the "overseas bases" for foreign investment in Asia. As long as everyone can make money, it will be easier to negotiate.
Considering that the Hong Kong city is separated from the mainland by a river, it is more convenient for funds to flow than going to the United States. Although it is impossible to completely block foreign investment, there is at least an opportunity to guide a group of mainland funds to enter the Hong Kong Stock Exchange. The situation will definitely not be worse than
The difference in past lives is enough.
Just thinking about it for now.
Joining the Hong Kong Stock Exchange is just a one-sided statement made by Zheng Yongwen. It is a matter that has not yet been written. It is useless to think too much about it.
Su Yehao changed the topic to other places, saying that he had received some tickets for Milan Spring Fashion Week and had the opportunity to take her to travel to Italy.
Of course, Xiao Nizi was happy to hear about such a good thing. She said she was going to buy some new clothes and go to Rome, Venice and other places to see the scenery.
Coincidentally, the plane Su Yehao ordered will arrive soon. After waiting for more than a year in total, it is almost delivered...