In Li Guangyu's office in Wheelock Building, Xie Tao, president of Pengyu Group, was reporting to Li Guangyu about Pengyu Group's listing on the Hong Kong Stock Exchange.
"Li Sheng, our group has not encountered any obstacles in coming to list here. The Pengcheng government is very supportive of us coming to list here, and is willing to provide us with the help it can to help us successfully list on the Hong Kong Stock Exchange."
Xie Tao originally thought that his group would encounter some restrictions when it came to list from the mainland. After all, Pengyu Group was registered in Pengcheng. During this period, no mainland company had been listed on the stock market. Their Pengyu Group became the first
A pathfinder.
What Xie Tao and Li Guangyu don't know is that there are actually many senior executives and business leaders in the mainland who hope to let companies go global and raise funds and go public on some stock markets.
It’s just that there are too many matters involved, and at present, large-scale enterprises in the mainland are basically state-owned. The only enterprises with company headquarters and registration in the mainland are Pengyu Group and Meiqi Clothing Group. Most other foreign-funded enterprises are branches, and there is no
What scale will it form.
With the foundation laid by the financial group led by Li Fuzhao in the past visit, and the Pengyu Group's willingness to come to the Hong Kong Stock Exchange for listing, the mainland government naturally supports it strongly. This is a good experimental field.
Since Pengyu Group is a mainland-registered group, but it controls offshore funds, there will be much less concern in this regard and it will not involve too many problems.
With Pengyu Group providing them with experience from the front, they can also adjust their plans according to the situation, and negotiate some specific conditions with Li Fuzhao to promote state-owned enterprises to come to Hong Kong for financing and listing, and they can also absorb more funds to help domestic
The development of enterprises will also expand the mainland's influence in Hong Kong and even the world.
Li Guangyu said happily: "If you make plans for the listing, I will let Bank of Hong Kong, Tianyu Investment Company, Sun Hung Kai Securities, Bank of East Asia, and Hong Kong Asian Commercial Bank serve as the group's market makers.
As soon as your plan is completed, start the road show, mainly in Hong Kong, Taipei, Kuala Lumpur, Bangkok, Tokyo, Singaporean consortium and Seoul. Pengyu Group has a certain influence in these areas. I believe the market value of the group is higher than that of major institutions.
There will be a big improvement in valuation.”
Since Pengyu Group has always been deeply rooted in the mainland, the valuations of major investment banks on Pengyu Group have always been very low, which simply cannot reflect the actual value of Pengyu Group.
Of course, Li Guangyu also knows that Pengyu Group's mainland profits are not recognized internationally. This is mainly because Pengyu Group calculates according to the official exchange rate, which investment banks are unwilling to accept.
In the past few years, Pengyu Group has been deeply exploring the mainland market and has established cooperative relationships with supply and marketing cooperatives and department stores in many provinces. At the same time, it has vigorously developed cooperative relationships with individual merchants, allowing Pengyu Group's products to cover most areas in the mainland.
Although the prices of mainland products are relatively cheap, they cannot withstand the huge mainland market. At present, the mainland still accounts for the majority of Pengyu Group's profits. This has also resulted in Pengyu Group and Hongyu Clothing Group having similar profits, but investment banks have valued Hongyu Clothing Group.
The reason is twice that of Pengyu Group.
Xie Tao, both of whom are preparing for listing, are already ready. He responded: "Li Sheng, as long as the Xiangjiang Exchange agrees, our group can start the road show mode at any time. We also hope that Jiayi Group and Xiangyu Culture
If the group can help us publicize it more, I believe that our Pengyu Group can become one of the top ten listed companies in Hong Kong stock market in terms of market capitalization."
The current number one listed company is Xiangyu Culture Group, with a market value of more than 92.6 billion Hong Kong dollars, which is only one step away from 100 billion Hong Kong dollars. As long as there is some good news and the stock market rises, the group can become the first company in Hong Kong with a market value over HK$100 billion.
A group worth hundreds of billions of Hong Kong dollars.
Ranked second is the China Gas Group. This company officially surpassed the Heung Kong Electric Group last month and took the second top spot. Its current market value has reached 48.5 billion Hong Kong dollars. The third place is the Heung Kong Electric Group, with a market value of only
It is HK$500 million lower than China Gas, ranking third at HK$48 billion.
Following in the order are HSBC Hong Kong, Hong Kong Bank, CLP Power, Bank of East Asia, Sun Hung Kai Financial Group, Hutchison Whampoa Group, and Cathay Pacific Airways.
Although the strength of Standard Chartered Bank is much higher than that of Bank of East Asia, Standard Chartered Bank is listed in many places, so it does not enter the top ten in Hong Kong, and now it cannot even enter the top twenty, ranking 26th.
As Hong Kong continues to develop, Standard Chartered Bank's position in the Hong Kong stock market will become increasingly lower in the future, even if it holds the right to issue Hong Kong dollars.
Currently, Xiangjiang ranks among the top 20 listed companies. Except for Xiangyu Cultural Group and Hutchison Whampoa, the other companies are either companies that monopolize the public service industry or finance and real estate. Even Hutchison Whampoa's main business is still in real estate, and Watsons
Currently, it does not have much weight within Hutchison Whampoa.
Watsons is currently changing its business strategy. In order to avoid homogeneous competition with Hengyu Supermarket Group, they are taking a specialized business route and preparing to focus on health care, beauty, cosmetics and other industries.
From the ranking of listed companies in Xiangjiang, we can see where the economic center of Xiangjiang is. Real estate and finance are the two important pillars of Xiangjiang. There are not many listed companies in other industries among the top 50 listed companies in Xiangjiang.
The reason why Xie Tao is confident that Pengyu Group can be ranked among the top ten listed on the Hong Kong Stock Exchange is because the market value of the tenth Cathay Pacific Airways is not too high. It is currently only 28.1 billion Hong Kong dollars, and Pengyu Group is now listed among major investment banks.
The valuation has reached about HK$24 billion. As long as Pengyu Group is successfully listed, it will be very easy to surpass Cathay Pacific Airways.
Li Guangyu said: "I will communicate with Mr. Li Fuzhao. It is expected that Pengyu Group will be able to obtain listing qualifications within a week. You should make plans and the official listing time will be on the 20th of this month."
The reason why Li Guangyu is so tight on time is that Xiangjiang Communications Group will be listed on the 6th, which is next Monday, Feiyu Group will be listed on the 4th of next month, and Hongyu Clothing Group will also be listed in June.
In July, Jiuhua Hotel Group will also be officially listed on the Hong Kong Stock Exchange, and in early August, Jinlin Toys Group will also be listed on the Hong Kong Stock Exchange.
It doesn’t matter which month Pengyu Group goes public. In the same month, it will bump into other groups under Li’s family. During this period, Li Guangyu wants to exchange these groups for enough cash to cope with the global financial crisis in October.
crisis.
The reason why the last one was suppressed in early August is because he would have entered the market early at that time. If it was too late, there would be no chance for him. If this crisis was intentionally caused by the United States, then how could those American consortiums not proceed?
Manipulation, I'm afraid their traces will appear on stock markets everywhere.
Once so many groups go public, and Li Guangyu gives up 25% of the shares in each group, the cash in his hands will be very scary, and he will be able to cope with the coming crisis with ease.
You must know that not only the Hong Kong group is listed, but also the British Telecom Group and Xingyuan Group will be listed on the London Stock Exchange in addition to the already listed Bentley Group. By then, if the Wall Street gang in the United States dares to attack the Xiangjiang stock market
, Li Guangyu will definitely make them pay the price.