Through the wealth life

Chapter 990 Negotiation for Listing
On the 12th, the Queen of England arrived in Beijing and began her visit to the mainland.

In Li Guangyu's office, Le Yiling, Yuan Tianfan, Luo Qianwen, Guo Fengtao, and Ye Xinyi sat in the reception area.

At present, the groups under the Lee Consortium are very large. Li Guangyu has been holding sole proprietorships and not going public, which has already affected the further expansion of some industries.

In order to allow these groups to enter the markets of more countries, Li Guangyu intends to list some groups in the past few years.

Of course, it is impossible for the Tianyu Financial Bank, the flagship of the Li family consortium, to go public. This is the hub that connects the major groups under the Li family. Li Guangyu does not want some of these things to be known to the public.

The first group Li Guangyu chose to go public this time is Xiangyu Culture Group. This group is similar to Jiayi Group. As a cultural media group, after it develops to a certain level, it must go public and accept the supervision of the group from the outside world. , In this way, Xiangyu Culture Group can reduce many restrictions in the future development.

Li Guangyu said: "Tian Fan, Yi Ling, I came here today to discuss with you about the listing of Xiangyu Culture Group. Currently, Xiangyu Culture Group is facing some problems that need to be resolved, otherwise we will lose a large part of the market. "

Li Guangyu is an extremely selfish guy in his heart. In his heart, he always believes that the sole proprietorship of the group is in his own hands. If he can not go public, he is determined not to go public. The market value will be higher, but he is still unwilling to do so.

Now he has no choice. During this period of time, the consortium in the United States is probably causing him trouble again. They are trying to persuade the US government to restrict the development of Xiangyu Culture Group in the United States. is a huge threat.

The media group is no different than others, which has a great influence on public opinion. A non-listed group obviously cannot reassure some governments, especially a group as large as Xiangyu Culture Group.

Once listed, Xiangyu Culture Group needs to disclose information as required. It is far less free than it is now. Now that Li Guangyu has a development plan, Xiangyu Culture Group can implement it immediately without any further procedures.Li Guangyu was extremely unwilling to make public announcements to the public, even high-level changes.

Listing is the dream of countless enterprises and companies, but Li Guangyu has no interest at all, and he himself has no shortage of development funds. Now it is only the profits of Hengyu Supermarket Group, Xingyu Game Group, Xiangyu Culture Group and several major clothing groups. , is enough to support the expansion of Li's consortium, so why should he let these groups under him be subject to outside supervision all the time.

Li Guangyu is very clear that this is another offensive against him by the American consortium. Li’s consortium’s industries are basically not listed. These consortiums rely on Wall Street and who can’t find loopholes to attack. In addition, Li Guangyu competes with them for the market if they are not listed. At that time, he could not care about profits at all, and the financial affairs of the Li Consortium were only responsible to Li Guangyu, so they didn't worry about the impact at all.

Once these groups are listed, the situation will be completely different. It will be difficult for Li Guangyu to hurt others with his own self. The public opinion outside will definitely not allow Li's group to do this, which will harm these shareholders. Benefit.

The American consortium is absolutely unwilling that the group under the Li's consortium will not be listed. Such a Li's consortium poses too great a threat to them.

For the listing of Xiangyu Culture Group, Le Yiling has long been prepared in her heart, and she did not expect that Xiangyu Culture Group can be delayed until now, which is already quite a surprise to her.

Regarding Li Guangyu's thoughts, the senior management of the consortium are very clear. The code of conduct of this company is that companies that can not be listed are determined not to go public, and many of the former listed companies have been privatized.

Such as Wheelock Group, such as Heung Kong Aircraft Engineering Company, such as Kowloon Bus, such as Heung Kong Telephone Company, such as Regal Hotel Group, and Heung Kong Exchange are afraid that Li’s consortium will acquire listed companies, because once Li Guangyu acquires them, he will be withdrawn soon. In the stock market, Li Guangyu was not very willing for the company to stay in the stock market.

And these high-level executives are actually more willing to become the president of the listed group, which has a much greater impact, and after the listing, their own power will be much greater. The listing will not do them any harm, but it will slightly limit some of Li Guangyu. power only.

Le Yiling said: "Li Sheng, there is no problem with the listing of our group, and I believe that whether it is New York, London, or Xiangjiang, several major exchanges welcome us to be listed. I wonder what Li Sheng's plan is?"

The group headquartered by Li Guangyu Xiangjiang has never thought of going public in other places. As for Bentley, British Telecom Group and Xingyuan Group, these companies are going to be listed in London, while Xingyue Real Estate Group and Dongxing Real Estate Group will be listed in Tokyo. .

Li Guangyu said: "Our Xiangyu Cultural Group is listed on the Hong Kong Stock Exchange. Tianyu Investment Company, Sun Hung Kai Securities Co., Ltd. and the Securities Department of Hong Kong Bank make the market. It is listed in Singapore, Kuala Lumpur, Bangkok, Jakarta, Tokyo, Seoul, Taipei and London, Roadshows in Los Angeles, Vancouver, Mexico, Sao Paulo, and Sydney will attract funds from various places to Xiangjiang, but Xiangjiang alone will not be enough.”

The market value of Jiayi Group is very high. At this year's annual meeting, according to the evaluation of Xiangyu Culture Group by Goldman Sachs, Sakura Bank, First Citigroup and Tianyu Investment Company, the current market value of this group is about 82 billion US dollars.

It will only be higher when it is listed. Even if Li Guangyu only takes 20% of his shares to go public, it will still require nearly 20 billion US dollars to enter the Xiangjiang market.

At present, the total market value of all listed companies in Hong Kong is only 5500 billion Hong Kong dollars. The market value of a Xiangyu Group is estimated to exceed 700 billion Hong Kong dollars. constituent stocks of the index.

The current situation in the Xiangjiang stock market is a bit weird. The main problem is the collapse of the central part. There are very few listed companies with a market value of more than one billion to 100 billion, and there are not even as many listed companies with a market value of more than [-] billion.

The main ones are the Xiangjiang consortium, large-scale expansion, coupled with major real estate groups' bottom-hunting in the Xiangjiang property market and the development of Japanese real estate, resulting in the development of Hongkong Bank, Cheung Kong, Hutchison Whampoa, Shau Kee, Sun Hung Kai, Shunde, IMC, Xiangjiang Electric, China The market value of a large number of groups such as Gas, Bank of East Asia and Cathay Pacific Airways exceeded tens of billions of Hong Kong dollars.

Coupled with the already strong HSBC, CLP Power, Jardine Holdings, Swire Pacific, Standard Chartered, etc., this has caused a fault in the current stock market of Xiangjiang.

Among the 5500 billion total market value, companies with a market value exceeding [-] billion account for more than half of the market value. Apart from a few media groups, and a few real estate and banks, there are basically no companies with a market value of more than one billion Hong Kong dollars.

At present, the capacity of the Xiangjiang stock market itself is only so large, and it is still listed by a group. If the following groups follow the listing, Xiangjiang will not be able to absorb it at all.

Li Guangyu went public to make money, and this time he also went around the world to make money, so that all the funds from all over the world flowed into the Hong Kong stock market, so that Hong Kong's position as a world financial center would be more stable.

……

(End of this chapter)