Rebirth of the World’s Richest Man

Chapter 3816 Hesitation

 Those who insist on listing in the mainland also have their own reasons.

 The first is to be issued and listed in the mainland, which will greatly increase the company's domestic visibility. Listing in the Mainland is an important part of corporate brand building. Becoming a domestic listed company is itself a symbol of honor.

The mainland capital market has high requirements for corporate asset quality, scale, and profitability. Companies selected for listing should be companies with good quality and development prospects. This can indicate the competitiveness of the company to a certain extent and will undoubtedly be greatly improved. Corporate image. Moreover, the number of shareholders in the mainland is much larger than that in Hong Kong, and Oriental Bank’s product market is mainly domestic. Listing on the mainland can allow more people to understand the company and its products, build trust, and bring convenience to the company’s various business activities. .

 The second is the financing advantage of listing on A-shares. Due to differences in market conditions and investor recognition, the price of mainland issuances is relatively high. Since listed stocks have good liquidity and high price-to-earnings ratios, when the amount of financing is the same, the number of new shares issued is smaller, which is conducive to ensuring the controlling position of the original shareholders.

 Despite market uncertainties, the domestic economy continues to grow.

 Finally, mainland issuance risks are lower. Since local investors have a better understanding of the company's operating environment and products, stocks issued domestically can be actively subscribed by domestic investors, and the value of the company's stocks can easily be truly reflected, which is conducive to improving the liquidity of the company's stocks. Therefore The average daily turnover rate of domestic company stocks is much higher than that of companies listed overseas.

 This is also an issue of trust mentioned by Zhao Xiaojin. When listed in Xiangjiang, it faces overseas investors. Overseas investors may not have that much trust in Oriental Bank.

It is actually quite difficult to simply present a part of the data and get people to agree with it.

 Although Zhao Xiaojin has proposed a solution, which is to pass various reviews and the like, these things cannot solve all these problems.

But it is different in the mainland. As a loan company for small and medium-sized enterprises, Oriental Bank has many well-known private enterprises that have received loans from Oriental Bank. This is also very useful for increasing the visibility of Oriental Bank.

The two sides were arguing, and Jiang Xiaobai hesitated for a while. In fact, Jiang Xiaobai didn't care about other issues. The key was the time to market.

The bull market on the Shanghai Stock Exchange will last until about October next year. If it can be accelerated, the higher authorities approve the listing, and obtain the qualifications for listing in a short time, it can be in May or June next year, or even June next year. In July, Oriental Bank will be officially listed, so there will be no problem.

 But if this time is delayed again and again, until the end of the bull market, after October next year, Oriental Bank's listing plan will be ruined.

In a bear market, if you enter the market and successfully go public, what will happen... ugh, Jiang Xiaobai doesn't even dare to think about it.

Especially when the bull market is bullish, the bear market will be more miserable.

It was falling all the way, to the point where investors doubted their lives, and this bull market is going to exceed 6,000 points. If I remember correctly, it was 6,124 points.

Such a bull market comes, and when it falls, it will plummet. If it catches up with the market at that time, it will really be like a long-lived person hanging himself.

 So whether to list in A-shares or H-shares in Xiangjiang mainly depends on the listing review time. This meeting lasted from morning to night, and no one came to a conclusion. Jiang Xiaobai hesitated to express his position, so there was no force that could make a final decision.

The reason why Jiang Xiaobai did not express his position was because he wanted to listen more to the opinions of the audience. If he listened more to the opinions of the audience, maybe after discussing, everyone would come to the same opinion. Isn't there such a saying as "reasons are more discernible"? It's more bright.

However, in the next three days, Mr. Huang returned from Xiangjiang with the team he formed. Oriental Bank was still divided into two opinions. No one could convince anyone. Some people like to go public in Xiangjiang, and some think that in A It is more appropriate to list the stock.

 At last, everyone’s eyes focused on Jiang Xiaobai, waiting for Jiang Xiaobai to come up with an idea.

Jiang Xiaobai coughed lightly: "Let's go to the capital, find the leaders of the China Securities Regulatory Commission, and get a feel for the situation. If the review by the China Securities Regulatory Commission is faster and the company can be listed in the first half of tomorrow, then We, Oriental Bank, chose to list on the mainland.”

Jiang Xiaobai’s preference is to list on the mainland. No matter how many advantages H shares have, there is no doubt that Oriental Bank’s product market is mainly in the mainland. That is, the most suitable place for Oriental Bank to list is A shares, not Anywhere else.

  After all, there is no way to compare Eastern Bank and China Construction Bank, because the four major state-owned banks represent the domestic macroeconomics. As long as the domestic economy develops well, the market for foreign capital will be promising.

Oriental Bank does not have this influence. It cannot even represent the domestic private economy. How can foreign investors be optimistic about it? If the domestic private economy develops well, foreign investors may not necessarily be optimistic about Oriental Bank. If there is a problem with the domestic private economy, Foreign capital must not be optimistic about you, Oriental Bank.

 Simply put, just like oil, if the international market rises, I will also rise. The international market has an impact on me. If the international market falls, I will not fall. I am different from the international market.

As for the situation of Oriental Bank, if the private sector is good, you are not good. You are different from the private sector. If the private sector is bad, you are also poor. The private sector has an impact on you.

 In this case, the most appropriate thing is to list it domestically.

But what needs to be solved is the review time for listing. Otherwise, Oriental Bank can only be listed in Hong Kong. If it is listed in Hong Kong, Jiang Xiaobai is very confident that Oriental Bank will be listed around May next year. , no later than June.

When Jiang Xiaobai said this, everyone understood and nodded without saying a word. Jiang Xiaobai continued: "Well, this meeting has been postponed for two days. Huahua Bank has brought some information on international strategic investment. Next, Let’s screen the international war investments.

 Let’s see which capital is more suitable for Oriental Bank’s international strategic investment. Just in time for me to come back from Beijing, I will also give you an answer to the question of where to list. "

Everyone nodded in agreement. Jiang Xiaobai asked Zhao Xiaojin to find Mr. Huang, and he was ready to go to the capital to find out.

 (End of this chapter)