My Life Can Hang
Page 793
Seeing Zhang Tao's exhausted face, sitting in front of him with red eyes.
Chen Dongcheng smiled unkindly and said jokingly: "Mr. Zhang has devoted himself to the company, which is worthy of praise."
"Mr. Chen, don't make fun of me. The Hong Kong Stock Exchange is more relaxed. The phone on my side is about to explode, and it's still hot."
Zhang Tao looked helpless, everyone wanted to take advantage of Cao Cao's group purchase to make a lot of money.
For example, in this IPO project, in order to get more investment shares, several investment banks began to fight openly and secretly.
All the contacts that can be used are used.
Picking one out at random is all related to Zhang Tao, playing cards of favor.
"Okay, has the prospectus been submitted?"
Chen Dongcheng smiled and stopped teasing Zhang Tao.
Under the test of the game, Zhang Tao's loyalty to him is very high, with 95 points.
This loyalty means that as long as Chen Dongcheng does not deliberately target him, he is basically in a state of absolute loyalty to the company and him.
"It was submitted this morning. According to the plan, we will conduct seven roadshows, of which you need to appear in two of them."
Zhang Tao handed Chen Dongcheng an itinerary, which was written in great detail.
Hong Kong, Magic Capital, Pengcheng, Beijing, Los Angeles, Boston, and New York in the United States will have teams visiting and meeting interested investors.
As for the road show team members, Zhang Tao, the leader, will definitely participate.
Chen Dongcheng can't expect too much, the chief financial officer must bring it, and he needs to introduce the company's financial situation on the road show.
After that, it is enough to bring two senior vice presidents.
"I only participate in the roadshows in Hong Kong and New York, you can do the rest."
After reading the itinerary, Chen Dongcheng ticked two √ on Hong Kong and New York, and returned the itinerary to Zhang Tao.
"Enough, if you are willing to show up in person, it will still be very attractive to many investors."
Zhang Tao was instantly overjoyed, as long as Chen Dongcheng was willing to show up, with the praise of Chen Dongcheng from the outside world, the subscription scene of Cao Cao's group purchase would definitely be very popular.
"There is an investment bank, you make an appointment, there is no need to participate if the strength is too weak."
Chen Dongcheng also wants to finalize the issue price as soon as possible. The role of these investment banks is to be responsible for underwriting.
For example, Cao Cao's group purchase listing, the funds raised are definitely not a small number.
Not just pointing at individual investors, those fund institutions with huge assets are the key.
The role of investment banks is reflected in this. They generally have a large number of cooperative fund institutions.
When an Internet giant like Cao Cao's group purchase goes public, it is a carnival to divide interests.
"I understand, how much do you plan to set the issue price?"
Zhang Tao nodded and then asked.
The issue price is extremely important for Cao Cao's group buying.
If the price is too high, there will be fewer funds of interest.
Xiaomi is the best example, and Mr. Lei thinks too much of himself.
Although individual investors are very enthusiastic, the real fund giants have little interest.
Pinduoduo is the opposite. The price is relatively low, and the stock price rises sharply at the opening. This is the advantage of reasonable pricing.
Chen Dongcheng asked: "How much do Goldman Sachs and Morgan Stanley value us?"
"Goldman Sachs valued us at $570 billion, and Morgan Stanley was a little higher at $580 billion."
"They are quite confident, but we are conservative. I plan to set the issue price at 69 Hong Kong dollars."
Chen Dongcheng was a little surprised. He didn't expect the two investment banks to issue such a high valuation.
The listing of a company, behind the seemingly simple process, is actually turbulent.
Even these investment banks, which are only responsible for underwriting, are intriguing with listed companies.
The reason is very simple. The investment bank hopes to set the price low so that the fund client can make money, and the other party is willing to continue to cooperate with him in the future.
But for companies, if the price is not high and they want to raise the same amount of money, the diluted shares will be more.
Therefore, if Cao Cao wants to go public, how to compete with investment banks is also a matter of knowledge.
Fortunately, the prospect of Cao Cao's group buying is fascinating enough, and the volume is large enough.
It is easier to attract investors, and the underwriting fees are substantial.
No investment bank wants to lose orders.
This also means that Cao Cao's voice in group buying is relatively strong.
If some small companies find Goldman Sachs, they are not qualified to negotiate pricing with them, and they will simply wait for Goldman Sachs' notice and they will be done.
chapter 609. 607, you have a good father
"69 Hong Kong dollars?"
Zhang Tao thought about it for a while and hesitated: "Mr. Chen, will this price be lower?"
"According to this price, our market value on the first day is only 509 billion US dollars, which is not as high as the valuation offered by Goldman Sachs and Morgan Stanley."
"Low pricing does not mean that the stock price has always been low. There are examples of Pinduoduo first, don't you understand?"
Chen Dongcheng thought that according to history, when the magnesium group was listed, it was no better than Xiaomi.
Although the magnesium group was annexed by Cao Cao Dianping, and now the takeaway and group buying market is dominated by one, it is not necessarily a bad thing to be conservative.
"Also, you let Goldman Sachs and Morgan Stanley try to find some long-term funds that are willing to be cornerstone investors, and the price can be lowered appropriately."
Chen Dongcheng thought for a while and added another sentence.
"I understand that Mr. Ma from Tengxun called before and expressed his willingness to be our cornerstone investor. Tengxun is willing to subscribe for shares of no less than [-] million US dollars."
Zhang Tao also reported good news.
"That's good, Tengxun is willing to subscribe. It's within our expectations. After all, in the group buying and takeaway market, except that we only have Ahri's hungry and word of mouth, Tengxun has no choice."
Chen Dongcheng smiled disapprovingly. At present, his shareholding ratio is still very safe.
The right to vote is firmly held by him, and even if Fujin wants to seize power, he has no chance.
"However, the long-term fund will try to choose some powerful foreign partners, and will not consider those related to Fujitsu."
Although Chen Dongcheng is confident enough, he is not without means of guarding against him.
"I see, I'll keep an eye on it myself."
Zhang Tao nodded heavily, he knew exactly what Chen Dongcheng meant.
Fujixun can cooperate, but he has to be careful.
Then the two talked about other things, and Zhang Tao left in a hurry.
He is very busy now, and he can't stop being busy.
……
night.
Wang Sicheng called and asked directly, "Are you free at night, my father wants to see you."
"Time, address."
Chen Dongcheng smiled, and his heart suddenly relaxed.
Since Pharaoh wants to see himself, it means that he doesn't care so much about Legendary Pictures.
"Vic restaurant on the sixth floor of Wanda Culture, I'll be waiting for you at the door. My dad is handling official business. You can come here now."
After Wang Sicheng finished speaking, he added: "My father praised you and hurt me, remember to invite me to drink at night."
"Let's talk later."
Chen Dongcheng hung up the phone, changed into formal clothes, and ordered Xie Jingyu to prepare the car.
All the way to the Wanda Vista Hotel smoothly.
On the sixth floor, Chen Dongcheng saw Wang Sicheng who was wandering at the door.
"The road is a little blocked."
Chen Dongcheng walked in quickly, a little surprised: "Cafeteria?"
"Well, my dad doesn't like extravagance, although I don't like eating very much, there's no way."
Wang Sicheng spread his hands helplessly, and he didn't dare to be too presumptuous in front of his father.
The two walked while talking. In a corner of the restaurant, Old Wang was eating dinner slowly.
"Come on, sit down."
When Lao Wang saw Chen Dongcheng who was brought over by Wang Sicheng, his eyes lit up at first, and his expression was a little surprised and emotional.
In the past, I just listened to others talking about the emergence of a young mysterious rich man in the business world.
After seeing it for real, Lao Wang couldn't help feeling emotional.
To have a career that is not weaker than yourself at such an age is really terrifying!
"Mr. Wang, I have long admired your name."
Chen Dongcheng smiled and stretched out his hand very politely.
In any case, Lao Wang is also regarded as an elder and a senior in the shopping mall.
"President Chen's reputation, I still know, please take a seat."
Lao Wang has no intention of treating Chen Dongcheng as a junior.
Since we are talking about business, we should be more formal.
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