The Rebirth of the Male God Starts From Playing Games

Chapter 386: 383. Come out and pay it back sooner or later!

Chapter 386 383. I'll pay it back sooner or later!

Bomi Technology’s subscription code is [Bomi Technology 0860.HK], and the new shares of Bomi Technology will be issued on October 25.

In 2007, the stock code of Hong Kong stocks was still 4 digits, and it will be changed to 5 digits after 2008. The original 4-digit code will be prefixed with a 0.

In other words, by 2008, Bomi’s code will become 08860

Speaking of which number is easy to remember, and thanks to boss Cao’s luck, he chose this one among a bunch of numbers.

How many people want 8 and 6 are not envious.

The subscription code of Hong Kong stocks is the same as the stock code. This is not the same as the Shanghai stock market. The new stock subscription code in the Shanghai stock market is inconsistent with the stock code officially listed later.

So many people will get confused.

During the issuance period, customers can purchase Bomi new shares online.

According to the situation discussed by Bomi with the underwriters, the total quota ratio of online and offline new shares is 9:1, 90% online and 10% offline. This is also the distribution habit of most companies when they go public.

In this case, retail investors will account for 60%, and institutions account for about 40%.

The larger the company goes public, the higher the proportion of institutions will be. In fact, this is also a necessity. Many institutions buy stocks as tools for financial management and capital return. If the company operates well and the market confidence is stable, then large institutions I am very willing to invest in this kind of enterprise.

For a large-scale company like Bomi, the proportion of retail investors is likely to be compressed to 50%.

It’s not because the brokers deliberately compressed, the main problem is that——

The amount of funds raised by Bomi Company this time is really too much, no matter how strong the amount of retail investors is, it is difficult to achieve a high proportion.

Before the results are released, the underwriters are actually very stressed, because before Bomi, they have not operated such a large IPO project.

Many underwriters will contact their familiar big customers, if they are willing to subscribe, they can apply in advance.

In fact, before Bomi started its global roadshow, it had already finalized some global buyers.

The time for Bomi to go public this time is really good, about the same time as Ali in the previous life.

First of all, Bomi has a huge volume and has done quite well in terms of revenue. According to the conventional judgment of the market, Bomi is definitely worth the investment.

Secondly, there has been a serious subprime mortgage crisis in the United States. Many companies have filed for bankruptcy at a loss. Capitalists have panic about the U.S. stock market. If they leave money on the local stock market, it basically means loss.

It is better to invest the money and quickly transfer it abroad.

Now the bigwigs on Wall Street are either transferring investment or shorting the stock market. It happens that a company as large as Bomi is going to go public. How can it not make people feel crazy?

So under the combined effect of the two forces, the $60 billion raised by Bomi was an astronomical figure, but it was sold out in just 24 hours.

even exceeded their expectations. One can imagine how ruthless and blind capital is.

Or should not be called blind, but wherever it is safe and profitable, it will flow wherever it is.

In his previous life, Ma Yun decided to list Alibaba Network Co., Ltd. in 2007 because he saw that the financial crisis was coming and hoped to raise funds before the crisis.

Even if the U.S. withstood the impact of the subprime mortgage crisis that year, Alibaba’s stock still rose by 38.07% after its listing, which shows how panicked investors were.

But it is also because Ali is indeed a promising company.

Aside from Ali’s high-level style and internal filth, at least Ali’s employees and products made by Ali are worthy of widespread market recognition in 2007.

Now Bomi has embarked on the path of Alibaba’s previous life, but its size is not the same level at all. In this case, Bomi’s new share issuance has exceeded the task, which shows the power of Bomi and the vision of the boss. The poisonous.

……

In fact, Cao Yang thought about the same thing as Ma Yun thought.

Listed at the end of 2007, there are actually many benefits.

First, after the company's IPO is over, a large amount of funds will be raised, which will greatly accelerate the company's expansion.

If Bomi does not go public, it is estimated that it will take 10 years to develop to the current scale and to make as much as 80 billion U.S. dollars.

This is also the reason why companies like to go public.

Secondly, it was listed at the end of 2007, which just happened to avoid risks.

If you can guess that there will be a serious financial crisis in the future, the way to avoid risk is not not to go public, but to market in the morning.

Many people think this is not silly?

What if there is a financial crisis and the stocks plummet after listing?

In fact, when the IPO is completed, the price of the stock will have less impact on Bomi.

Because after listing, Bomi has really earned the 80 billion U.S. dollars, which has already been eaten in the stomach. The company’s shareholders have signed an agreement to lock in equity, that is to say, there will be so many stocks on the market in the future.

Afterwards, the rise and fall of these stocks is not so related to Bomi, which belongs to the self-entertainment behavior of stock players.

When will these stocks have a relationship with Bomi?

One is that Bomi sells stocks, and the other is Bomi buys stocks.

Of course, stock prices are not without influence on the company.

The rise and fall of stocks affects [the confidence of future investors]. If it falls too severely, it will be more difficult to raise funds in the future.

There is another point, the stock price affects the personal net worth of Boss Cao.

The price on the first day after the opening of the market will determine how much Boss Cao’s real net worth is. As far as the current situation is concerned, because there are too many subscriptions, the possibility of falling below the issue price after listing is not very high.

Even if the launch day is closed according to the issue price, Boss Cao’s net worth is already as much as 78 billion U.S. dollars, firmly sitting on the throne of the world's richest man, nearly double the current net worth of Bill Gates of 40 billion.

……

Furthermore, after Bomi was listed, no matter the rise or fall, it was a good thing for Cao Yang.

Bomi's share price rose, indicating that the market is full of confidence in them.

If it falls, it’s not because of Bomi’s own reasons. It is most likely to be affected by the global financial crisis. Under this circumstance, how many investment institutions cannot protect themselves. In the previous life, the shares of Citibank in the United States have been falling from 28 U.S. dollars. By the end of 2008, the US$3 had directly evaporated most of the banks, which was similar to that of a small bank.

With so many giants backing their backs, it is normal for Bomi to fall.

But even if it is going to fall, there will be a process. When the US financial crisis affects China, it will be almost July next year.

Bomi has enough time to deal with this financial crisis.

As long as Bomi’s stock falls, Cao Yang is ready to buy.

Because it will come back sooner or later.

According to Buffett's theory, the market price will always fluctuate according to the actual value. You cannot buy this stock because it has fallen today. The value of the stock will rise to as much money sooner or later.

So even if Apple fell terribly after 9/11, it has since soared all the way to a world-class company.

Cao Yang is very confident in his business.

What's more, he does not think that Bomi’s stock will fall. Even if it is affected by the financial crisis, Bomi’s stock is likely to increase.

The hardest hit this time is real estate, and then various banks and insurance companies that borrow money for real estate. Only then will real estate affect all aspects.

But the Internet industry is unique. In the previous life in 2008, many Internet companies continued to increase after the financial crisis, and entered a small golden period.

The reason is also very simple. When residents have no place to consume and dare not consume, online games have become the largest form of entertainment and consumption, so the crisis also breeds opportunities.

……

If Bomi does not go public, it will actually be affected by the financial crisis.

And there is a large lack of reserves.

Now on the market, with 80 billion US dollars in his hand, Cao Yang can fully exploit this financial crisis.

……

The number of new shares purchased by Bomi Company is too much, which exceeds the number of Bomi Company's issuance, so a lottery is required.

For example, Bomi has issued a total of 1.6 billion, the issue price is 50 US dollars, 400 Hong Kong dollars, then when the number of subscriptions is greater than 1.6 billion, a lottery will be performed.

According to the relevant regulations on new shares issuance, when the effective subscription volume is greater than the online issuance volume, the mainframe of the trading system of the Hong Kong Stock Exchange will automatically determine a subscription number for every 1,000 or 500 valid subscriptions, and perform a unified and continuous allocation of valid subscriptions. At the same time, the winning rate of the stock issuance was obtained. The next day, the underwriter organized a lottery drawing according to the winning rate.

The lower the winning rate, the more prosperous this stock:

Because there are too many people applying for purchase, in fact, whether you can apply for purchase depends on how many competitors there are. The more competitors, the lower the winning rate.

After the new shares are awarded, they can be traded after the new shares are listed.

General brokerages have a special function is subscription of new shares. Open the brokerage software can be easily found.

If there is no such function, brokers generally have problems.

As the Hong Kong Stock Exchange’s listing threshold is relatively low, there are more companies listed, including many high-value companies, such as Bomi and Ali, which went public this year.

Speaking of it, it is really a narrow road. Bomi will go public this year, and the date is set to be around November, and Ali is also at a similar time.

Now Ali’s shares have been issued and are ready to go public on November 8.

The listing date negotiated by Bomi with the Hong Kong Stock Exchange is November 17.

A little later than Ali.

There is no threshold for new Hong Kong stocks. As long as you have a qualified brokerage account and sufficient minimum subscription funds, it is generally called an admission fee. Multiplying one lot of stocks by the issue price, each stock is different, you can participate in the subscription.

Unlike A shares, you need to calculate the market value of your holdings.

There is no need to hold any positions in Hong Kong stocks.

The new Hong Kong stocks can be raised by financing, and the maximum financing is 10 times, but the financing leverage of each stock is different.

However, the winning is to buy in cash. Therefore, before the confirmation date of the winning, ensure that there is enough available margin in the account.

If the cash is insufficient, it may cause failure to confirm the stock.

The average winning rate of Hong Kong stocks is more than 50%, and one-third of the new shares can reach 100%.

The winning rate of popular stocks will be relatively low.

Hong Kong stocks will be publicly distributed in accordance with the principle of “the more you subscribe, the more you get”.

According to the subscription amount with 5 million Hong Kong dollars as the line, it is divided into two groups, group A is less than 5 million, and group B is more than 5 million.

The total distribution of the two groups is close to the same, so that Group A must have more households and a lower winning rate, while Group B has fewer households and a higher winning rate. It is also in line with the principle of multi-subscription and multi-winning. Then use the total distribution of each group according to the new mechanism of Hong Kong stocks.

……

October 28.

Cao Yang, who just flew to New York, felt a lot of relaxation in his heart. There is basically no need to continue doing roadshows here.

Because Bomi’s shares have been purchased, and they have exceeded their expectations.

Although the entire global roadshow process is painful, Cao Yang and the others are actually very happy inside, and they are just like playing now.

People all the way from the capital to the magical capital, then Tokyo, Los Angeles...

Finally returned to Xiangjiang on November 15.

The proposed listing date by Cao Yang is November 17.

On November 17, Cao Yang will take Bomi’s employees, family members and underwriters to the Hong Kong Stock Exchange to ring the bell.

This day is not only Cao Yang’s birthday, but also the date that Bomi negotiated the listing.

……

Before Bomi was officially listed, in November 2007, Alibaba, which had been founded for 8 years, finally successfully listed in Hong Kong.

The stock price continued to rise after the opening, reaching as high as 35.75 Hong Kong dollars (4.58 US dollars), which is higher than the stock prices of Google and Baidu, with a market value of 25 billion US dollars, making it the fifth largest Internet company in the world.

As the world’s largest IPO financing, Alibaba’s 38.07% increase on the first day of listing has been called “excellent”.

Google, the world's largest Internet company, rose only 18% on its first day when it went public in 2004.

Faced with such gratifying results, Ma Yun called out to become the three major Internet companies in 10 years.

This day can be said to be Ali’s big day.

However, the reporters at the scene asked some questions that made Arima a little bit dumbfounded.

"Hello, Mr. Ma, what do you think about choosing to go public in November this year? Mr. Ma, did you know that Bomi was also listed in November?

Did you make an appointment, or is there any reason you have to go public? "

Ma Yun had a black line on the spot, and the blue veins on her forehead jumped, almost violent and wounding.

But as a people’s teacher, he still suppressed the anger in his chest.

Am I special...

"How could I know that Bomi was listed in November this year?" Boss Ma showed a calm and humble smile, "As you know, we have been preparing for this listing for almost two years.

I think that for any company, there is no such thing as "joining a listing with others".

Because this is simply unpredictable, whether it is reviewed by the relevant department, or the preparation of the materials, even how long the subsequent issuance period will last...

These are unpredictable.

So for the fact that our company and Bomi were listed in the same month, I can only say it is a "coincidence""

It's over, Boss Ma still added a humorous sentence without Wang Jin, "Fortunately, Bomi did not go public on November 8, otherwise I will sue them to touch porcelain."

The reporters at the scene were amused by Mr. Ma.

The atmosphere is relaxed and cheerful.

At this moment, a reporter asked again, “Then what do you think of the Bomi IPO of 60 billion U.S. dollars, and the total market value will reach 200 billion U.S. dollars?

Mr. Ma, do you still think Ali can surpass Bomi's revenue within 5 years? "

Ah, this...

Boss Ma opened his mouth, in vain that he used to talk and talk, but he didn’t know what to say for a while...

These reporters are too blank, right?

I don’t even look at the occasion at all?

To know that today is a great day for Ali to go public, what kind of Bomi company do you suggest to me here? !

Ma Yun really regrets it now.

Why did you play the 100 million yuan bet with Cao Yang on CCTV?

It’s true that this incident brought a lot of exposure and traffic to Ali at the beginning, but things gradually got out of control...

This Nima, what kind of perverted company is Bomi?

Actually, from a company on the verge of bankruptcy, it can achieve an annual income of more than billions, and from billions to achieve an annual income of 40 billion...

Now, Bomi is going to go public, and it is still listed with a market value of US$200 billion.

No matter how you look at it, it feels particularly unreasonable, right?

This has greatly exceeded Ma Yun's expectations.

If the duck mouth insists that it can exceed Bomi’s revenue in the next five years, even Ma Yun himself does not believe it.

When a thing is completely distorted, if you insist on it, it is not sensible.

"Bomi is really a great company." Ma Yun smiled awkwardly, "But I think Ali is also an excellent company. The business scope of the two companies is actually different and lacks comparability.

I sincerely hope that both companies can develop particularly well. "

"So," an Alibaba executive next to him continued on the topic, "otherwise everyone will focus and pay more attention to Alibaba's listing today. I think Alibaba can have a good listing result, which is enough to show that the market treats us. The confidence of the company."

The reporters reacted, and laughed quickly for the next interview and report.

Since Ali’s listing was live broadcast this time, the scene was a bit awkward.

……

Obviously it is Ali’s great day. Although Cao Yang is not present, he has a sense of existence. This incident almost robbed Ali’s listing in the news on November 9th.

has become the second most popular search after Alibaba’s listing.

Seeing Alima's embarrassment, many netizens laughed crazy.

"Gosh, is this the boss Ma I know?"

"When did Mr. Ma ever be so embarrassed that he couldn't even understand what he said."

"Bomi Company’s sense of existence is really too strong. Even the listing of Ali on such a big event is fortunate to be the protagonist."

"Hahaha, I think Mr. Ma must regret it to death now. If he hadn't made that bet back then, how could Bomi be pressured everywhere now, and Bomi would be robbed of the limelight for such a big thing as his own listing."

"It's so laughable."

……

In fact, this is not the most ironic.

The most ironic thing is--

Many people are listed on Alibaba’s Weibo @曹阳.

Now that they have heard Alima's speech, they also want to see what Cao Yang thinks about Ali's listing.

Ali, with a market value of only $20 billion, is not an opponent of Bomi at all.

Be aware that Bomi’s volume is ten times this number.

What's more, Boss Cao is not in China now, and he is still busy doing recommendation meetings in New York.

The jet lag alone made Boss Cao a headache.

When Cao Yang saw relevant news reports and comments from netizens, a smug smile appeared on the corners of his mouth.

The headache has also been relieved a lot.