Actually I just want to act

Where is Chapter 790 listed?
The most important thing that Fang Jiming will never forget is the Internet video license, which is issued by the (radio), customs (electricity) department, and its official name should be "Information Network Dissemination of Audiovisual Program License".Without this license, you will be the number one in the industry!

The most typical one in my previous life was 56 Net.At that time, 56.com had the widest range of users. Through video upload, photo album video, beauty live broadcast and other columns, it became the largest video and photo album sharing website in China, with more than 2008 million daily active users.But on June 6, 3, 56.com suddenly became inaccessible. The explanation given by the official website was that the website was shut down for maintenance and upgrades. In fact, the Internet video license was missing.

56.com, which did not have a license, went cold and reopened after more than a month. Its popularity also plummeted, and its users were lost.

And Youku and Tudou were born in the month when 56.com disappeared, and they divided up the users of 56.com. Everyone knows the following things. Youku and Tudou merged, and then were acquired by Ali, and now they are reduced to second-rate video sites... Is this a distortion of human nature, or a loss of morality? ...cough cough cough, anyway, the domestic video sites have been reshuffled several times, LeEco has become cold, PPTV has declined, Sohu, pps, Ku6 have become third-rate, iQiyi, Tencent occupy the top positions...

Later, the rise of short videos is another round of reshuffle.

It has to be said that whether the development of the Internet or the development of the mobile Internet revolves around video to a large extent.

After all, only the faster the network speed, the higher the HD video can be watched!

The technology involved here is not too complicated.

It's just that what Fang Jiming didn't expect was that what he was looking at was the network speed and caching technology!

Guo Wenda said hesitantly: "Director Fang, I don't know much about technology, but I heard from colleagues in the R&D department that the difficulty is actually not very difficult. If it goes well, we should be able to carry out internal testing next year. If it goes well, the future It is no problem to go online in [-]. It seems to say that there are two directions of controversy now, one is the client, the other is the website..."

Fang Jiming said flatly: "Whatever the fight, I want it all! Whether it's the client or the website, do you have to choose one of the two?"

Guo Wenda was taken aback for a moment, this is really the truth.

"Then Fang Dong, I'll go and tell them."

"By the way, preparing for the second round of financing."

Fang Jiming said flatly, "If Feixun wants to develop, it must be listed. I have thought about it, and listed in Xiangjiang."

To be on the safe side, Fang Jiming still thinks it is better to go public in Xiangjiang.

At least it will not be constrained, and there will be no fewer investors.After all, the Xiangjiang stock market can be considered a very open stock market, and it is relatively tolerant of financial funds.In the previous life, Tencent was listed in Xiangjiang, and it may not have developed slower than Ali.

Among other things, in terms of instant messaging software, Tencent was the boss in the previous life, which is comparable to social software such as Facebook and Twitter.In other words, face is equivalent to Renren, and Twitter is equivalent to Weibo.In this way, everyone can understand.However, Tencent's QQ and WeChat are instant chat software, mainly chatting.Although Facebook also has chat, Facebook is more like a chat box embedded on a web page, and the user experience is not good.Later, Facebook acquired WhatsApp and improved the chat page, which is similar to WeChat.

In the previous life, even in Xiangjiang, Tencent could develop like this, which is already against the sky.More importantly, there may be risks for enterprises such as Ali to list on Yingjiang.Therefore, it is better to take one step at a time.In the Internet field, instant messaging software is an eternal myth, controlling the largest user base.

"Xiangjiang listed?!"

Guo Wenda was taken aback for a moment, and said anxiously, "Why isn't it listed on Yingjiang?"

Fang Jiming said with a wry smile: "Yingjiang's side...may be risky."

"I don't think so."

Guo Wenda said calmly, "And after being listed on Yingjiang's side, it can continue to be listed on Xiangjiang. Even if Yingjiang is delisted, we still don't have much loss. After all, Xiangjiang's stock market is still there."

Fang Jiming was taken aback, he really didn't expect such an operation!
But yes, in the previous life, Ali delisted after being listed in Xiangjiang, went to Yingjiang for listing, and then returned to Xiangjiang for listing.In fact, this kind of listing at the same time is not uncommon, but Chinese companies play less.

To put it simply, after a company has done an IPO, it can refinance in the secondary market for additional stock issuance. Mature exchanges will support additional issuance, because this is a manifestation of the secondary market's continuous financing capability (the domestic A-share market Except, there is basically no refinancing function after the listing of A shares).

In essence, listed companies in Yingjiang and Xiangjiang refinance through additional issuance, that is, you issue some more stocks. After these stocks are registered on the exchange and obtain the legitimacy of public circulation, they can be traded freely and will also is calculated into the market capitalization of listed companies.Listing in two places is essentially nothing more than registration and subsequent circulation of newly issued stocks on another exchange.The market capitalization of the two listings is also combined.

Another important point is that the Xiangjiang Stock Exchange allows companies that have already been listed on the New York Stock Exchange and NASDAQ to apply for listing in Xiangjiang.

In a simple understanding, Hong Kong stocks are a little bit of additional issuance of U.S. stocks, but this part of the additional issuance goes to the Hong Kong Stock Exchange.

Of course, listing in Xiangjiang is not without requirements. For the "secondary listing", there is a rule of the Stock Exchange that must be met.One is that the market value of the stocks listed in the secondary listing cannot be lower than HKD 400 billion; or the market value of the secondary listing cannot be lower than HKD 100 billion, and the revenue in the most recent fiscal year is at least HKD 10 billion.If Feixun develops smoothly, this will be a piece of cake.

The most important thing is that if it is listed on the Yingjiang side, it will be natural for Feixun to enter the Yingjiang market.

But these are all speculations by Guo Wenda. You know, Ali, Baidu, etc. are also listed on the Yingjiang side. Have you opened the market for Yingjiang?
The only advantage is to use the money from Eagle Sauce investors to develop itself.

Fang Jiming thought for a while, and said, "I'll think about where to go public, release the news first, and start the second round of financing!"

(End of this chapter)