Zheng Yaoyang smiled and lamented that in the past three days, the media and public in Hong Kong had been fooled by Rogers.
The popularity is like a wave after another. If no one breaks the news, he will contact the media to complete the superposition of the popularity.
It lasted for three whole days, pushing the unknown Xiaobawang to become a big brand well-known in Hong Kong.
The sales volume in the market is also considerable. The sales volume of the point reading machine priced at HK$799 has exceeded the 10,000 unit mark, which is even better than the original PHS.
The concept of education, no matter how poor you are, has been deeply engraved in the DNA of every Chinese.
Zhou Xiaolin on the side asked worriedly: "If you let him continue playing like this, will there really be no big trouble?"
She could feel that Zheng Yaoyang did not want to come forward this time, but planned to slowly retreat behind the scenes, but Rogers did the opposite and took advantage of Zheng Yaoyang's fame.
"What kind of trouble could there be? After all, the information he disclosed was true, but it was an artificial information gap."
Zheng Yaoyang smiled faintly. He did have the idea of retreating behind the scenes, but not now, so he did not resent Rogers' approach. He did the same at the beginning.
It's just that he likes to make big news all at once, while Rogers is good at controlling people's hearts and creating suspense.
Suddenly, Zheng Yaoyang's cell phone rang. Seeing someone sending him a message, he smiled and said, "And it's not us who should worry, but HSBC."
The informant he installed at HSBC sent news that Wells from the investment department had left Hong Kong and seemed to be heading to the mainland.
Zhou Xiaolin also saw the news: "They plan to learn from Fuxing and find a mainland company to list in Hong Kong?"
"It's just picking up people's wits, so there's nothing to be afraid of."
Zheng Yaoyang smiled contemptuously, but his expression was a bit solemn, far less relaxed than he said.
HSBC's reaction was faster than he thought, but he was powerless and could only watch the other party's actions.
They have done what they should do, and now they can only pin their hopes on the official attitude of the mainland.
If they choose to treat everyone equally and agree to HSBC's agency, then Zheng Yaoyang's chance of winning is less than 50%.
If it cannot be the only agent for mainland companies to list in Hong Kong, Fuxing is not qualified to challenge HSBC.
This feeling of letting others control your destiny was really uncomfortable, and he swore it would be the last time.
Thursday, April 7th.
After two years, the Hung Hom Stadium in Hong Kong once again ushered in a roadshow rally for companies to go public.
The Coliseum is actually not small. All seats are occupied and it can accommodate more than 12,000 people.
Generally, when a company holds an IPO road show, a hotel banquet hall with around a thousand people is more or less the same.
For example, 3,000 people came to a venue with a capacity of 10,000 people, and 800 people came to a venue with a capacity of 1,000 people.
All corporate roadshow organizers should choose the latter no matter how many times they choose.
After all, humans are social animals. When there are many people, they are easily infected by emotions. When their heads are hot, they will subscribe for more copies.
If the venue is empty, give investors time to fully understand it so that they can carefully calculate the gains and losses.
This is also the reason why the organizers of auctions or new properties for sale sometimes invite many bidders.
Artificially created false prosperity makes people feel that if they don’t get on the bus now, it will be too late.
But some people also ridiculed that the reason why the World Group held the road show at the Hong Kong Coliseum was because it had a market value of 19 billion.
Xiaobawang's US$330 million is only HK$2.6 billion. The difference between the two is seven times. I don't know where the courage comes from.
Rogers' courage came from Zheng Yaoyang, and he was betting on Zheng Yaoyang's influence in Hong Kong.
Facts have proved that he won the bet.
With his undefeated record in the past three years and the title of the richest man in Asia and the richest Chinese, Zheng Yaoyang is the most dazzling star in the city of Xiangjiang.
At nine o'clock in the morning that day, the Hong Kong Coliseum was like Andy Lau holding a concert, with people buzzing at the entrance of the venue.
Upon seeing this, the local police department hurriedly mobilized personnel from the district to help maintain order at the scene.
Investors who participate in the road show, whether they are interested in subscribing or not, have only one purpose.
Whether Zheng Yaoyang was related to the Little Overlord or not, this answer troubled them for three days.
The road show will definitely disclose the details of shareholders' shareholdings, and they can also get first-hand information in advance.
At ten o'clock in the morning, the first road show was held on time. Nearly 8,000 people came to the Coliseum, which can accommodate 10,000 people.
Rogers is still telling the story of the Little Overlord's development from scratch, as well as his future prospects.
They also denied the rumors of copycats, saying that they were learning from others, and the court also declared that Nintendo lost the case.
Let’s start with the original intention of the company’s founding and then slowly get to the point: the little overlord with a market value of HK$2.57 billion.
They plan to take out 15% of the shares for final financing before listing. Each share is priced at 10 Hong Kong dollars. The total share capital is 257 million shares. 15% is 38.55 million shares, and the subscription amount starts at 1,000 shares.
Rogers spoke eloquently for more than forty minutes, during which he also introduced Chen Yongjian to investors.
Until the colleagues in the subscription department were ready, a total of fifteen tables were set up and everyone was ready to go.
Rogers also talked about the topic that investors are most concerned about: "You can go to the share subscription office to learn more about the equity distribution of Xiaobawang and the specific information of the shareholders."
As soon as the words fell, a long queue suddenly formed in front of the fifteen subscription desks, and exclamations came one after another.
An exciting news suddenly came from the front of the team: "Zheng Yaoyang is the major shareholder of Little Overlord, with a personal shareholding of 32.99%."
In the last round of financing before Xiaobawang went public, Zheng Yaoyang should have held 45.99% of the shares, but the proportion of individual shareholders in the company's listing could not exceed 34%.
He transferred 12% of his personal shares to Woodpecker Fundamentals, leaving 32.99% in the end, just within 34%.
Despite the transfer of some shares, Zheng Yaoyang is still the largest shareholder of Xiaobawang, with Chen Yongjian holding 29.85%, ranking behind him.
After learning that Zheng Yaoyang was the largest shareholder of Xiaobawang, the investors who came to participate were like crazy, waving banknotes one by one and scrambling for the first place.
Winning the lottery is all about probability, but people like them have a strange logic: the first to arrive has a greater chance.
The time for the share subscription of Xiaobawang’s roadshow lasted from 11 am to around 4 pm.
Or because it was getting late, Rogers had no choice but to announce the end of today's subscription and announced that the next road show would be in three days, barely appeasing everyone's emotions.
In the evening, Zheng Yaoyang finished dinner,
He called and asked with a smile: "Jim, how much is the subscription capital today?"
"BOSS, your influence is more terrifying than I imagined." Rogers worked all day and finally calculated the final funds half an hour ago.
He swallowed and said in awe: "The first road show was a great success. The frozen funds reached 3.55 billion Hong Kong dollars, which was more than nine times more than the subscription funds."
Originally, he thought he had a rough estimate of Zheng Yaoyang's influence in Hong Kong, but it turned out that he still underestimated Zheng Yaoyang's influence.
In the next week, they will hold another road show in Xiangjiang and one in Aomen. It is conservatively estimated that the final frozen funds will not be less than 5 billion.
The subscription and frozen funds are more than 13 times, which is already three times higher than the traditional manufacturing industry and more than twice higher than the real estate companies.
Although they can only raise 385 million Hong Kong dollars, this number is fixed, but the higher the subscription ratio, it can reflect the market sentiment from the side and also see the potential of Xiaobawang's subsequent listing.
Zheng Yaoyang smiled lightly: "I hope you can be fully prepared for the next road show. I think it will exceed your imagination again."
Rogers frowned, pondered for a moment, and suddenly widened his eyes: "You mean Fuxing Bank?"
"Don't forget, to subscribe for Xiaobawang's shares, you have to go through Fuxing Bank."
Zheng Yaoyang continued: "Wade just called me. The number of people who opened bank accounts today has increased by more than 1,800, probably for subscription."
As long as the new shares are successfully listed, they will not lose money under normal circumstances, it is just a matter of making more or less.
Hong Kong's developed financial market has also spawned a group of new professional stock traders.
They only focus on the listing of new stocks, make a fortune and leave. How could they give up such a good opportunity?
Zheng Yaoyang has reason to suspect that today's first road show is just an appetizer, and the market's response to the next two road shows will be even more enthusiastic.
The Coliseum was a venue for tens of thousands of people, and the number of people entering the venue reached 8,000. The number of subscribers was only 2,000, and the capital was more than 3 billion. This is probably because of Fuxing Bank.
The only funding channel, limiting the number of subscribers.
When Worldwide Group was listed, Barings Bank was allowed to issue shares, which gave him a place in Hong Kong.
Now that Xiaobawang is listed, although the market value is seven times different, it can also bring in a group of high-quality savings users.
Since opening a bank, Zheng Yaoyang has learned that listing a contracting company is a very profitable business.
High-quality savings users are invisible assets, and on the surface there are various handling fees generated by transactions.
Later, when they open up margin trading channels for stocks, it will be another very considerable profit.
No wonder HSBC’s revenue reached US$3.5 billion last year in Hong Kong alone. It’s really fun to open a bank.
The two ended the call, and Rogers pondered for a moment before deciding to overturn the previous arrangement.
Originally, he planned to hold the second IPO road show in the 500-seat reception room of the Peninsula Hotel.
The main purpose is to check for leaks and fill them up, so that some people will not be able to subscribe for stocks today, but now he has changed his mind.
Zheng Yaoyang's words gave him a wake-up call.
Fuxing Bank added more than a thousand new users today, and nine out of ten of them came for subscription purposes.
Rogers decided to rent the Coliseum for another day and hold a second road show at the Coliseum three days later.
On the other side, Zheng Yaoyang received a call from He Tao, the Mainland Securities Regulatory Commission, and learned that Tsingtao Beer was inquiring about the process of listing in Hong Kong.
"It seems that a foreigner named Wells invited them to log in to the Hang Seng Index."
He Tao gave a vague reminder that after all, they represent the mainland authorities and cannot be too obviously partial to one side.
"Congratulations, Chairman, thank you very much."
Zheng Yaoyang frowned, but he also breathed a sigh of relief. He Taoneng called to remind him, which meant that his heart was leaning towards them.
HSBC acted too quickly to find Tsingtao Beer, which was supposed to be the first company listed in Hong Kong.
Zheng Yaoyang also expressed implicitly that they would send a team to contact Tsingtao Beer to obtain the issuance rights of their stocks and undertake the IPO.
He Tao didn't say anything, just changed the subject and asked: "How is Little Overlord's subscription going today?"
After all, Xiaobawang is a mainland enterprise, and there should be very few places where it can use foreign exchange.
If you raise US$50 million, at least US$40 million will go into the treasury and be converted into RMB with the same exchange rate.
The influence of the RMB is too weak, and the international market only recognizes the US dollar. Today's country really needs foreign exchange.
Every time he went to Beijing for a meeting, he would be questioned by the leaders of the People's Bank of China about the shortage of foreign exchange.
This year, I have a little overlord guarantee, so I can take a breather.
Zheng Yaoyang said truthfully: "The frozen funds for the first road show amounted to HK$3.55 billion, which has exceeded the basic subscription funds by more than nine times."
He Tao was stunned for a while and couldn't help but say: "Are Xiangjiang stock investors so optimistic about the future development of Little Overlord?"
Zheng Yaoyang raised his eyebrows and coughed a few times: "Actually, it is mainly the result of many off-site factors."
He needs to get a vaccination with He Tao first to prevent him from having too high expectations for companies that will be listed in Hong Kong in the future.
He Tao understood the implication. The so-called off-site factors were probably due to Zheng Yaoyang's participation in the shares.
He also mentioned that the Shanghai Stock Exchange’s T+1 trading rules were planned to be implemented at the end of the month. He told Zheng Yaoyang about the final version and asked if there was anything that needed improvement.
Zheng Yaoyang pondered for a moment: "Are there any companies that are going to be listed on the Shanghai Stock Exchange recently?"
"Five companies have already passed the listing review, but they should wait until early July at the earliest."
"Then it's best to wait and wait until the end of June before implementing the new trading rules."
"Are you worried about a stock market crash?"
"People are always more resistant to unknown things, so prepare in advance and be prepared."
Zheng Yaoyang vaguely remembers that when new trading rules were promulgated in 1995, the stock market fell into a two-year downturn.
Until the financial crisis swept through Hong Kong in 1997.
Mainland investors realized that they could escape smoothly because of T+1's unique global trading rules and daily price limits.
It was also at that time that mainland investors slowly accepted this special trading rule.
There are only eight stocks on the Shanghai Stock Exchange now. Even if the stock market crashes, it will not cause too much trouble. However, sudden changes in trading rules can easily cause investors to lose confidence.
If new stocks are launched immediately after changing the trading rules, on the one hand, it can restore the confidence of the market, and on the other hand, it can also make investors realize that changing the trading method is actually to protect their interests.
After hearing Zheng Yaoyang's story and analyzing the pros and cons, He Tao suddenly understood and couldn't help but admire: "Mr. Zheng, thank you for your advice."
"Congratulations, Chairman, you are serious."
Zheng Yaoyang would say so much mainly because he wanted to reciprocate love. Relationships must be mutually beneficial and reciprocal to last long.
The next day, Rogers announced that the funds frozen for the first road show had exceeded subscription by more than nine times.
Zheng Yaoyang is the largest individual shareholder of Xiaobawang, and this news came out yesterday.
This morning, there was a long queue at the door of the newly purchased building in Fuxing, and even scalpers queued up.
Just to open a bank account and prepare for Xiaobawang’s second road show two days later.
Gambling is prevalent in Hong Kong. There was Happy Valley in the past and the explosion of gambling movies in the future. People are too eager to get rich overnight.
Countless legendary figures who made their fortune from the stock market are guiding them to enter the stock market if they want to get rich.
Under the influence of this trend, the Hang Seng Index has continued to rise, setting new historical highs repeatedly.
In the next few days, Zheng Yaoyang was not idle, and blindly defending was not his style.
Instructing Wade to send people to the mainland to negotiate with Tsingtao Brewery, he secretly summoned the group of old brothers who had gone north to poach HSBC.
It's not that easy to keep neutral and just want to sit back and enjoy the gains. They should be allowed to choose their side.
Should you support him or HSBC?
It's a bit confusing, so today is just one chapter.