The financial turmoil in Asia has not affected the U.S. stock market. Internet companies on Nasdaq are still performing miracles.
At such a moment, icq, which has become one of the giants of chat software and game platforms in the US Internet market, also ushered in its listing on Nasdaq.
Regarding this listing, Li Yuhang himself did not go there, and even Xu Xinrong didn't have the intention at this time. The foreign exchange market was now in a hectic state, and he did not have time to attend. Therefore, only Chen Juncai, deputy general manager of Xinyu Investment Company, attended as a representative.
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Also going was Liu Wenjie, general manager of Minghui Investment Company, which was actually a shell company of Li Yuhang. Liu Wenjie himself was also the deputy general manager of the investment department of Xinyu Investment Company.
After this listing, Xinyu Investment Company owns 16.5% of the shares and is still the largest individual shareholder of icq, followed by Merrill Lynch, which owns 14% of the shares of icq, and First Citigroup is the third largest shareholder with 12% of the shares.
, Goldman Sachs is the fourth largest shareholder, owning 11% of the shares, while Minghui Investment Company is the fifth largest shareholder, owning 10.5% of the shares, and Morgan Stanley is the sixth largest shareholder, owning 10% of the shares.
Six investment banks account for 74% of the shares, and Xu Xinrong occupies 2% of the shares (the 1% share previously given by Li Yuhang, this time icq has contributed dividends to the company. Xu Xinrong, as the founder, is also the current chairman of the board of directors of icq.
1%), icq company employees were allocated 4% of the shares, and the other 20% were circulated in the market.
This time, icq has a total share capital of 1 billion shares, with a listing price of US$2.8 per share. All funds for external circulation shares will be transferred to the company's account for the company's continued expansion.
This is different from when Li Yuhang's Jianan Supermarket Group was listed. At that time, Jianan Supermarket Group itself was not short of money, so Li Yuhang requested that the transferred shares belong to him personally, so negotiations on market value took place for quite some time.
This time, because all the funds raised by icq from its listing were used for the company, the total market value reached 2.8 billion US dollars. Otherwise, the total market value of 2.5 billion would be too much.
Normally, when the chairman of a listed company does not attend, the major shareholders would complain about this, but this time neither Merrill Lynch, Citigroup One, nor even Goldman Sachs and Morgan Stanley said anything.
These can guess what Xu Xinrong is busy with, and they are not willing to let Xu Xinrong's status be too prominent in this company, so it is more appropriate for their promoted general manager Gao De to preside over it.
And they already have a plan in their hearts to pull Xu Xinrong down from the position of chairman of the company and push Gaode up at the right time.
In their view, Xu Xinrong's 1% share reward is very worthy of her contribution to the company. There is no need to sit in this position and delay the company's development. An American white man as the chairman is better than a Hong Kong citizen.
The yellow race is much better, so the future development of icq will not be restricted.
Although he has not gone there, Li Yuhang is still very concerned about the listing of icq. Currently, icq is the absolute leader in the US market in terms of chat software. Even in the Western European and Australian markets, it still suppresses Fetion, the absolute king.
Even with the MSN message developed by Microsoft, it still did not have a big impact on icq. With the support of two giants, Yahoo and Netscape, and the help of the US government, icq has already become a household name in the United States.
And in just one year, icq has been updated to three versions. It has friend groups, groups, and icq mailboxes. In addition, icq accounts can directly log in to the icq game platform, without slowly registering an account.
This makes icq users extremely sticky.
In addition, when the Nasdaq is officially soaring, taking advantage of this east wind, the closing price of icq increased by 120% from the opening price on the day it was listed, with a total market value of more than 6.2 billion US dollars. The momentum is catching up with Yahoo last year.
And compared to Yahoo, icq is operating a big gold mine in the gaming industry, and its revenue is much better than Yahoo. I believe that over time, it will not be a problem for icq's total market value to surpass Yahoo.
Because of the listing of icq, Xu Xinrong's total net worth has exceeded 100 million US dollars, becoming a veritable billionaire and a man of the hour in Hong Kong.
On the second day after the listing, Xiangjiang newspapers and media reported a lot on Xu Xinrong. Titles such as the sweet daughter of heaven, the business elite, and the richest woman in Xiangjiang were all placed on Xu Xinrong.
Moreover, the Xiangjiang Economic News even named Xu Xinrong as a female leader in the business community in Xiangjiang and a youth leader in Xiangjiang.
This time, the major media in Hong Kong spoke very highly of Xu Xinrong. Unlike those second-generation ladies who took over or those celebrities who just wanted to marry into a wealthy family, Xu Xinrong, who also has good looks, relied on her own talents to become a billionaire. This is worth it.
Write a special book for him.
Anyone with any sense knows that the future of icq will definitely exceed this market value. With the current growth rate of Nasdaq, Xu Xinrong's assets will continue to rise. Although it cannot compare with the top wealthy families in Hong Kong, it will not be worse than those second-rate wealthy families.
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At this moment, all the limelight of women in Xiangjiang was stolen by Xu Xinrong. No matter you are the eldest lady in the family or a big star on the screen, you have become so ordinary compared with such a beautiful girl like Xu Xinrong.
At the headquarters of Xinyu Investment Company, Li Yuhang joked: "Xinrong, look, all the women in Xiangjiang are outclassed by you at this moment. Your photos and deeds are all on the front pages of major newspapers. It's just that the richest woman in Xiangjiang
You still need to work hard."
Xu Xinrong was not a light-hearted person either. She immediately countered: "Boss Li also came to tease the little girl. It is because the big boss pitied the little girl that he allowed the little girl to have such a small amount of money. I think it is necessary to let the outside world know about our big boss."
of greatness.”
I don’t know if it’s because Xu Xinrong’s own assets are increasing, but Li Yuhang finds that she is becoming less and less serious when facing him.
Seeing Xu Xinrong's pitiful expression, Li Yuhang immediately told him to stop. Li Yuhang was not a saint, and he did not have the ability to sit still. Being so disciplined among his senior management was already quite restrained.
Naturally, Xu Xinrong gave up when she was ready. She still didn't know what she was thinking in her heart. Moreover, Li Yuhang already had Li Yuxin by his side and had a daughter who was about to have her second child. She didn't want to be in this perfect family.
I am a saboteur, and I don’t want to lose my wife and lose my troops.
After Li Yuhang stopped teasing her about the reports in Hong Kong newspapers, she started talking about business.
Coco did not stop after Soros withdrew from the Thai baht. In the past few days, the number of short positions in the Philippine peso market has increased significantly. It is obvious that Soros and international hot money have entered the market.
As for Xinyu Investment Company, its focus is mainly on the ringgit and Indonesian rupiah. Although it also has pesos, it does not have a lot of funds.
"Don't worry about it here. Just make a little profit on the peso. I believe Soros will not let go of the ringgit and Indonesian rupiah. We just need to wait now. You don't have to be too nervous during this period. It just happens to be a little bit at this time."
If you are free, you can take your parents to Xiangjiang for a tour. The West China Normal University should be on holiday already, right?"
It is said that wealth does not return to its hometown like a brocade traveling at night. Now that Xu Xinrong has to be responsible for the affairs of Xinyu Investment Company, especially the foreign exchange affairs, she cannot leave Xiangjiang. Therefore, Li Yuhang suggested that Xu Xinrong bring her parents here for a trip.