Faced with Lu Ming's question, Huang Zheng was in a daze for a long time before he came back to his senses, with surprise and a hint of suspicion in his eyes.
Lu Ming saw the meaning in Lao Huang's surprised eyes. Do you have the energy to make Big A change like this?
After a while, Huang Zheng said: "To be honest, Mr. Lu, your words were so sudden that I was not prepared."
This is indeed the case, because he has basically not considered this level of choice. Almost all domestic Internet companies of significant importance are listed in North America.
Lu Ming smiled and said: "It's a little sudden, but I'm not in a hurry. You can think about it carefully."
Huang Zheng thought for a while and couldn't help but look at Lu Ming and asked curiously: "Mr. Lu, what do you mean... is the future direction of the financial market going to change?"
The same thing depends on the person's words. When Lu Ming said this, the weight was completely different. It's no wonder he thought so much.
After hearing this, Lu Ming thought for a moment and then looked at him and said: "Old Huang, God doesn't know what will change, but it will definitely change. Times have changed, and the trend of the entire world has shifted from west to east. This is
The general trend of the trend is an era of great changes that have not been seen in a century. The so-called way of trying to have both sides is just opportunistic. Trying to please both ends may end up being unlucky for both ends. Why did Pinduoduo rise? Can it be made possible?
He fell down because of this.”
As soon as these words came out, Huang Zheng looked thoughtful on the surface but was quite shocked in his heart. Lu Ming's words were very clear.
Lu Ming smiled again and said: "Every thing faces one side. If you are close to this side, you will be far away from that side. Wouldn't it be more uncomfortable to be caught in the middle and not be human? You have to choose one side. Chinese people believe in the golden mean, but there are some things
There is no way to be mediocre.”
Huang Zheng continued to remain silent.
The implication is that the choice of this side will affect Pinduoduo's future. After a while, Huang Zheng said with a serious expression: "What suggestions does Mr. Lu have?"
Hearing this, Lu Ming said methodically with a smile: "No matter what aspect you consider, I strongly recommend Pinduoduo to be launched in China. This is a butt problem, but having said that, Pinduoduo is the basis for survival.
, its foundation lies in the Greater China market. Without this, Pinduoduo will collapse overnight.”
Huang Zheng nodded and fell into deep thought again.
He couldn't refute this. The rise of Pinduoduo was created by the Greater China market. Without this market, it would not have been possible anywhere in the world.
Lu Ming added with a smile: "If you plan to list in China, I will do my best to help you. It is really impossible to list on the A-share market so quickly. It will have to wait for several more years at the earliest. If Pinduoduo does not raise funds, it is impossible
You will miss the opportunity for development. If it is a problem of money, it is not a problem at all. I will provide you with funds. Instead of obtaining more shares through financing, I will be your pledgee."
In other words, Tiansheng Capital no longer wants to fight for Duoduo's equity, but only maintains the current proportion of 30% of the total equity. Huang Zheng can pledge the equity to Tiansheng Capital, and then get the money for business development, and then pay back the money after it is listed.
.
This is tantamount to lending money to Pinduoduohua in vain, and there is no guarantee of sincerity.
At the end, Huang Zheng looked at Lu Ming and said, "Mr. Lu, I will give you an answer on this matter in two days. You need to think about it carefully."
Lu Ming nodded happily: "No problem, two days and one week are no problem. But I still say the same thing. Although these domestic unicorn companies are in full swing to go public in the United States this year, if you don't wait for a few years, you will
We will see a large-scale abandonment of U.S. investment stocks and their return...the trend is irreversible."
The implication is to tell Huang Zheng that it is better for the stupid bird to fly first and take the lead to set an example. The first person to eat crabs is completely different from the second person to follow suit. Of course, the first person to eat crabs has greater risks.
Choosing the right side is ten times more important than working hard. This is an era where choice is greater than hard work. If you choose the right direction, you will never lose. If you choose the wrong direction, no matter how hard you work, it will be in vain.
After the two parties chatted for a few words, Huang Zheng also said goodbye and left. He certainly couldn't give Lu Ming an immediate answer on this matter.
In the first half of 2015, Lao Huang's Pinduoduo received angel round financing from several of his friends and the noble man in his life, Lao Duan. In the second half of the year, it received US$100 million in Series A financing from Tiansheng Capital.
In July 2016, Pinduoduo received US$110 million in Series B financing from IDG Capital, Teng Xun Investment, Gao Financing Capital, etc.
In February 2017, Pinduoduo received US$213 million in Series C financing from Sequoia Capital, Gao Financing Capital, Tengxun Investment, etc.
On April 11 this year, Pinduoduo received another US$1.369 billion in Series D financing from Tengxun Investment and Sequoia Capital.
Pinduoduo's current capital structure is also complicated, and Huang Zheng also has to face a very difficult decision. If it goes public in the United States, it will mean kicking out Tiansheng Capital. If it chooses to list domestically, it will kick out Wall Street Capital.
This multiple-choice question is difficult for Lao Huang, and it is extremely unfriendly. They are forces that cannot be offended easily. The most important thing is that one must be offended.
If Huang Zheng chooses to list Pinduoduo on the A-share market, foreign investors will definitely be kicked out, because Lu Ming plans to get Pinduoduo on the Science and Technology Innovation Board, and in the first few years of the Science and Technology Innovation Board, foreign investment will
No permission to enter the Science and Technology Innovation Board.
…
After Huang Zheng left, Lu Ming returned to his office. At this moment, he was sitting on the sofa in the rest area and lost in thought.
The Pinduoduo incident gave him a bigger idea. Not only did he want to get Pinduoduo into Big A, but he also set his sights on another behemoth, Bytedance!
The resistance is indeed great, but this is the mission of Tiansheng Capital, to keep high-quality domestic assets in the domestic capital market.
If Tiansheng Holdings, Universe First, and Maoti are the three giants that control the Shanghai Main Board, and the three giants of the GEM in the future are Ningde Times, Marui Medical, and Aier Eyes, then the upcoming science and technology innovation
The three giants in the banzhen scene are Tianyu Yunchi, Byte Chaoduo and Pinduoduo. This is perfect!
Tiansheng Capital continues to develop, and Lu Ming cannot remain unchanged. As the scale continues to expand, he must participate in the construction of the capital securities market. He cannot always think about cutting leeks. This is not in line with the current situation of Tiansheng Capital.
Pattern under scale.
If you are big, you must look big, and if you are big, you must have a big pattern.
Lu Ming has high hopes for the Science and Technology Innovation Board. Only by bringing these ultra-large-scale giants and high-quality assets to the Science and Technology Innovation Board can the Science and Technology Innovation Board have the strength and confidence to compete with Nasdaq in beautiful countries.
.
…
Time has entered the last month of the first half of this year. After entering June, Big A ushered in a short rebound at the beginning of the month. After the Shanghai Stock Index was broken down at 3,000 points, it did not drop but held on.
Tiansheng Holdings flashed down to the limit on May 30 and rebounded to hit the bottom. It currently maintains a pattern of box shocks in the 25500~27500 range.
Wall Street questioned Tiansheng Capital's cost. This matter was hotly discussed in the first few days, but then nothing happened.
Tiansheng Capital is not like Wall Street at all. Lu Ming even made a move to ridicule Wall Street. It is really the rhythm of combining knowledge and action. He is really willing to let Tiansheng Capital's securities lending balance expand from the initial 1.875% to 3
%proportion.
It is clear that the market is welcome to short-sell Tiansheng Holdings, but there is no funds to do so.
Wall Street had no good way to deal with Lu Ming for a while. Foreign capital did not have an advantage in Tiansheng Holdings' current holdings and could not create a huge hole, and most of the institutional investors who held it were on the same side as Lu Ming.
It would have been nice if it hadn't been washed out in the first place, but now I can only take selfies of my thighs secretly.
As time goes by, the arrival of Wednesday, June 13th has attracted the attention of various domestic investors. This morning when Lu Ming arrived, the company also began to pay attention to the situation of Big A in the early trading, because it was the day when trading was suspended.
The day when Zhongxing Communications resumed trading.