While Li Guangyu and He Jin were discussing the next development direction of Phoenix Group, Jiayi Building was holding a press conference to officially announce Jiayi Group's listing plan.
Through the live broadcast of the Jiayi News Channel, countless people and forces learned the news. The shareholders who were familiar with Xiangyu Culture Group were full of expectations, especially the shareholders in Xiangjiang. They firmly believed in buying the shares of listed companies under the Li Group.
Stocks will never lose money.
Some investors even complained that Xiangyu Culture Group should not hold any road shows, so that they would have more opportunities to grab stocks.
Elaine Herington, head of Goldman Sachs' Asia-Pacific division, has been working in Hong Kong for seven years. Goldman Sachs has also achieved good results in Hong Kong over the years. However, in the past two years, the relationship between the American consortium and the Lee consortium has continued to deteriorate, so that
The relationship between Goldman Sachs and the Lee Group has also gradually become estranged.
Coupled with the development of Li's Tianyu Financial Group over the years, competition with Goldman Sachs has long been greater than cooperation.
In Hong Kong, it is currently dominated by HSBC, Tianyu Financial Group, Sun Hung Kai Securities, and Bank of Hong Kong. Goldman Sachs currently does not have the strength to compare with these major securities investment companies in Greater China.
For example, if a company is listed on the Hong Kong Stock Exchange, Goldman Sachs is far from being able to compare with these companies as IPO underwriters.
In fact, Ilanli Herrington very much hopes to reach a strategic cooperation with the Li Group. Unfortunately, the Li Group itself has entered this industry. Coupled with the confrontation with the American Group, the Li Group and its allies are basically at a loss.
There are no plans to go to New York to go public.
On the Xiangjiang side, with the influence of the Lee Group and its allies, there is no need to cooperate with Goldman Sachs.
The Li Group has been silent for many years since the listing of Jiayi Group. The listing of Xiangyu Culture Group will definitely attract the attention of all parties. With the profit level of this group, if it becomes the underwriter of this group's listing,
Ilanli Herrington believes she will make a fortune.
Seeing the huge profits but she is not qualified to participate in it, this makes Yilanli Herrington very frustrated. This is only the second listed group of the Li Group, and there are countless groups that may be listed later, and as the world's top
Goldman Sachs, one of the investment banks, was not qualified to participate, which made her very unwilling.
After Yilanli Herington sat in the office and thought about it for a while, she found the phone number of Li Guangyu's assistant's office. She hoped to meet with Li Guangyu to see if Goldman Sachs could reach an agreement on the listing of Xiangyu Culture Group this time.
cooperate.
She knew very well that Le Yiling, the president of Xiangyu Culture Group, could not make the decision in this matter. Only if Li Guangyu agreed to the cooperation between the two parties could Goldman Sachs participate.
Competition is competition, and Goldman Sachs does not mind cooperation when it can make money. She has some ideas in her heart. She believes that she can convince Li Guangyu to let Xiangyu Culture Group cooperate with Goldman Sachs in listing.
It's a pity that she didn't get a good response. Li Guangyu's assistant office responded that Li Guangyu was not in the office at all, and it was not sure whether Li Guangyu had time to see her.
After hanging up the phone, Ilanli Herrington held a high-level meeting of Goldman Sachs' Asia-Pacific division.
At the meeting, Yi Lanli said: "You must have heard the news that Xiangyu Culture Group is about to be listed. With the current market value of Xiangyu Culture Group, once it is listed, it will definitely become the company with the largest market value in the Xiangjiang stock market.
I wonder what everyone thinks?”
The people attending the meeting were all elites and were very sensitive to news. Not long after Le Yiling announced the group's listing plan, these people learned the news.
It's just that Xiangyu Culture disagrees with those companies in Xiangjiang and even the Asia-Pacific region. They are backed by the Li Group and have strong channels and strength support behind them. They don't need the assistance of Goldman Sachs at all, even if they know that there will be huge consequences.
They could only watch with helpless eyes as to the profits. How could the Li Group let them earn the profits from Goldman Sachs?
Now the situation of Goldman Sachs Asia-Pacific Division is not very good, especially in the past two years, the competition between the Lee Group, the Japanese Group and the American Group has become increasingly fierce, and the relationship between the two parties has continued to deteriorate, which has caused Goldman Sachs to be implicated a lot.
Especially in Hong Kong, those companies that want to be listed are generally reluctant to contact Goldman Sachs, fearing that they will be attacked by the Li Group.
The deputy general manager of the Asia-Pacific branch said: "At present, I am not in charge of Xiangyu Culture Group's affairs, but to solve the current difficulties we are facing. As one of the three major branches of Goldman Sachs, our Asia-Pacific side is currently in the most embarrassing situation. If we cannot
If we improve the current situation, it will be difficult for our branch to continue to exist."
There are three major branches in New York, London and Xiangjiang. Needless to say, the New York branch is the core of Goldman Sachs. The London branch has also achieved good development, but their Xiangjiang branch is under great pressure.
At present, several major Asian consortiums are competing with American consortium companies in various places, suppressing the development of American companies outside the United States, especially in Asia. Many American companies have failed and been forced to withdraw from the Asian market, such as Wal-Mart and home appliance companies.
, such as some car brands, such as electronic products, etc.
Those present knew very well that if Goldman Sachs wants to change the situation in Asia, the most important thing is to communicate and cooperate with the Lee Group and the Japanese Group so that they will not be isolated.
It's a pity that even Goldman Sachs is currently in a very difficult position. The United States has reached a consensus on suppressing the Japanese consortium and the Lee consortium. They must not let the Japanese consortium and the Lee consortium get on top of them. The American consortium is still looking for opportunities to continue.
Restricting the entry of products owned by the Nippon Consortium and the Lee Consortium into the United States will reduce the development space of these products in the U.S. market.
If Goldman Sachs increases its cooperation with the Lee Group and the Japanese Group at this time, it will definitely be criticized by major domestic financial groups. Merrill Lynch, a subsidiary of the California Group, has long hoped to trample Goldman Sachs under its feet. If Goldman Sachs dares to take the big risk
No, the California consortium and Morgan will not let go of such an opportunity.
In fact, Goldman Sachs is very reluctant to have the Japanese consortium, the Lee Consortium, and the American consortium confront each other, especially their Asia-Pacific division. Such confrontation would have a huge impact on their development.
Ilanli Herrington said: "Currently, the top management of our group has discussed the issue of Asia-Pacific development. You must understand that no matter whether it is the American consortium, the Lee consortium or the Japanese consortium, they are still businessmen in essence. As long as they are in
If we can achieve mutual benefit and win-win results in a certain cooperation, we don’t mind working together. You need to know what our advantages are at Goldman Sachs. Currently, the largest financial center is in New York, and many companies prefer to go public in New York.”
In fact, Ilanli Herrington is a little confused about Xiangyu Culture Group's listing location in Xiangjiang.
Although Xiangjiang is the third largest financial center in the world, its strength is not even close to that of New York. She believes that if Xiangyu Culture Group chooses to be listed in New York, its market value will definitely be much higher than that of Xiangjiang.
Li Guangyu's approach did not maximize profits at all. He chose Xiangjiang to go public, which invisibly caused Xiangyu Cultural Group to lose a large amount of market value.