Through the wealth life

Chapter 162 Jiayi goes public

On January 1, after having breakfast, Li Guangyu and Cao Weiqing went to the Far East Exchange accompanied by bodyguards.At nine o'clock in the morning today, Li Guangyu's Jiayi Group will ring the bell here to go public.

For the listing of Jiayi Group, the major media in Hong Kong are also very concerned. They came to the Far East Exchange early in the morning, hoping to get some hot news.

At 08:30, Liu Tianci, Shi Nansheng and others came to the Far East Exchange.

Naturally, the reporters would not let go of such an opportunity, and immediately surrounded him, asking Liu Tianci various questions.

A reporter from Oriental Daily asked: "Liu Sheng, Jiayi Group will be listed on the Far East Exchange today. What is the reason for your group to be listed first? You must know that the market value of many groups under Li Sheng is much higher than that of your Jiayi Group. group."

Liu Tianci replied: "We know that the wholly-owned groups under Li Sheng are still very young, and our Li family has never lacked funds for development. The reason why the Jiayi Group is going public this time is that Li's senior management thinks that we are a family The media group, wholly owned by Li Sheng, is not conducive to external supervision, and it will be more conducive to the development of our group after its listing."

A reporter from Xiangjiang Economic News asked: "Liu Sheng, we all know that Li Sheng has a strong desire to control the major groups. After more than two years of understanding, Li Sheng does not like to list the group. Does the listing of Art Group mean that Li Sheng doesn't value Jiayi Group too much?"

Liu Tianci replied: "About this question, as I have just said, the purpose of going public this time is to enable the public to supervise and benefit the development of the group. And our group has always been valued by Li Sheng in the Li Group. "

The reporter of Xiangjiang Economic News said: "Liu Sheng, it is rumored that the major groups under Li's group only ranked fifth in terms of profit last year. This is because the two major real estate groups have not yet started to go on the market, and the other two major groups have been established for too short a time. , Is this the reason for your listing?"

Regarding the profitability of Jiayi Group, Liu Tianci has nothing to do, let alone the two money printing machines of Xiangyu and Xingyu.The clothing groups behind are constantly expanding their brands and their own specialty stores and franchise stores, and it will become more and more terrifying in the future.Tianyu Investment has Li's huge amount of funds, and it also makes a lot of money in the stock market.

As for the two real estate groups, Liu Tianci doesn't know much about the Japanese side, but he knows well about the Xiangjiang side. Because Li Sheng didn't sell them when the construction started, the current housing market prices have risen by five floors compared to last year. , This increase alone is enough for the development cost of Starlight City.

Liu Tianci estimates that by the end of this year, his own group will be able to compete with Xinghong Sports Group for the penultimate place. Perhaps the profits of Cheung Kong Group, Sun Hung Kai Properties Group, and Hutchison Whampoa Group, which Li Sheng holds shares in, will be higher than those of Jiayi Group. Tianci felt that the pressure under Li's banner was really great.

Liu Tianci replied: "I don't know what you want to highlight by asking this question, but we know that Jiayi Group made a profit of more than 2.8 million Hong Kong dollars last year, and this kind of profit is already higher than the market value of many listed companies in Hongkong. As for the ranking of the group under Li's Group, it's just that the group's development direction is different, and it doesn't affect Li Sheng's emphasis on our group."

A reporter from Xiangyu Daily asked: "Liu Sheng, as the first group under our Li family to go public, I wonder if Li Sheng and his wife will attend today's listing ceremony?"

Liu Tianci said with a smile: "Our group is the first listed company of the Li family. Of course, Li Sheng and his wife will attend such an important moment."

After answering the reporters' questions, Liu Tianci and others walked into the Far East Exchange.

The chairman of the Far East Exchange, Li Fuzhao, has long been waiting for their arrival again. Li Fuzhao is very happy that Jiayi Group is listed in his Far East instead of going to the Xiangjiang Exchange controlled by England.With Li Guangyu's current influence, his group's listing on the Far East Exchange will drive many families to choose to go to the Far East for listing.

Li Fuzhao said to Liu Tianci and the others: "Liu Sheng, welcome to come, thank you Jiayi Group for choosing to list with us."

Liu Tianci replied: "Li Sheng, you are welcome. This is the result of the decision of Li Sheng and the senior management of the group. We also believe that the listing of Jiayi Group in the Far East is more conducive to the development of our group."

While Liu Tianci and others were chatting with Li Fuzhao, Feng Jingxi came to the Far East Exchange and was being interviewed by reporters.

A reporter from Ming Pao asked him: "Feng Sheng, we all know that Li Sheng owns Tianyu Investment Company, and they also have a securities department. What is the reason why Li Sheng handed over the listing of the group to you Sun Hung Kai Securities instead of letting himself What about the company's underwriting listing?"

Feng Jingxi was very happy to get the listing underwriting of Li Guangyu Jiayi Group this time. Although he gave up the shares of Sun Hung Kai Properties, he sold them at the stock market price and did not lose money.

The underwriting of Li Guangyu Group's listing this time had a great impact on Sun Hung Kai Securities. In the negotiations with Merrill Lynch and the French Tanita Bank, it greatly promoted Sun Hung Kai Securities.After receiving the news, these two groups have the willingness to share profits. As long as Jiayi Group is successfully listed this time, he will have more capital to negotiate with these two groups.

Feng Jingxi said: "You all know that I have a good relationship with Desheng and Zhaoji. With the help of them, Guangyu agreed to our Sun Hung Kai Securities' request to underwrite the listing of Jiayi Group."

The reporters didn't believe that Li Guangyu handed Jiayi Group's listing to Sun Hung Kai Securities just to save face for those two, and Li Guangyu was not a philanthropist.

A reporter from Sing Tao Daily asked: "Feng Sheng, just last month, Zhao Qianyin, the vice president of Li Sheng's Star Properties, also served as the director of Sun Hung Kai Properties Group, and officially announced that Tianyu Investment controlled 10% of the shares of Sun Hung Kai Properties. But you are completely Withdrew from Sun Hung Kai Properties, is this a deal you made with Li Sheng?"

If I don't make a deal, can I still get Jiayi Group's underwriting listing?Li Guangyu never traded at a loss, and he would not let himself take such a big advantage if there is no benefit. It's not that he can't operate by himself, Tianyu Investment is waiting there.

Feng Jingxi said: "How can this be a transaction? You also know that I started to withdraw from Sun Hung Kai Properties in 69. I only held a part of the equity. Now I am also focused on developing the financial industry. I have no interest in real estate. I don’t have the energy to invest, so I have been looking for someone who is willing to take over my shares.”

The reporters didn’t believe Feng Jingxi’s words, and the Hong Kong Economic News reporter asked: “Feng Sheng, why did you transfer your shares in Sun Hung Kai Properties at such a time when Sun Hung Kai Securities underwrote Jiayi’s listing? "

Feng Jingxi said: "You also know that Sun Hung Kai Properties was co-founded by me, Guo Sheng and Li Sheng at the time. I also hoped to find someone who they could accept when transferring shares, and Coslight happened to be both Guo Sheng and Li Sheng. I would like him to join the Sun Hung Kai Properties Group."

The reporters knew very well that the relationship between Li Guangyu and the other two big bosses was very good. If Feng Jingxi transferred the shares to Li Guangyu, those two would naturally have no objection.

……

(End of this chapter)