Rebirth, I want to be a prince

Chapter 620 I was attacked as soon as I went public (please subscribe!)

"Record-setting: Stone Group's Wuxing Technology, with the power of the R-series products, went public on the New York Stock Exchange in the United States, planning to raise US$50 billion, the largest amount of financing among technology companies"

This is the headline of the global media after Stone Group submitted the application. Yes, this is not the main text of the news, but a standard headline.From this headline alone, it can be seen how the plan of Wuxing Technology to go public has affected the world. Even the headline of the news seems to be the most in the world.

The listing of Wuxing Technology will be the largest technology company transaction in the history of the United States. Due to the recent hot sales of r Xihun's products and Wuxing Technology's financing of 100 billion US dollars before submitting the application, investment banks on Wall Street in New York are very interested in Wuxing Technology's market The valuation has risen to between 450 billion and 600 billion U.S. dollars, which is much higher than Shi Lei's previous valuation of his company. Before Shi Lei thought that Wuxing Technology's valuation was about 250 billion U.S. dollars, even with Shen Yi With the investment of 100 billion, coupled with the increase in market valuation caused by the rising market during this period, Shi Lei did not expect that Wall Street's investment banks would be able to value Wuxing Technology at a maximum of 600 billion US dollars.

However, even with a valuation of 600 billion US dollars, Wuxing Technology's plan to raise 50 billion in listing is still ridiculously high, with a ratio of 1 to 12, which is also the highest in the world for technology companies.Prior to this, these two records were held by Ggle. When Ggle went public in 2004, with a market valuation of 250 billion US dollars, it raised 19 billion. The ratio between the financing amount and the market valuation and financing amount was The best in the world over the years.

The prospectus shows that the proceeds from the financing will supplement the company’s working capital and general corporate purposes, but it does not indicate specific uses.Goldman Sachs and Bank of America Merrill Lynch will jointly serve as the main underwriters for the listing of Wuxing Technology, while Morgan Stanley, Barclays Capital and JPMorgan Chase will also be responsible for underwriting.

The document shows that Wuxing Technology’s revenue in the past three years (04, 05, and 06) was 450 million and 3 million U.S. dollars, respectively, and its profit was 100 million and 13 million U.S. dollars. If it is based on a market valuation of [-] billion U.S. dollars, the market-to-sales ratio is less than [-] times. And if you exclude the impact of the appreciation brought by the recent hot sales and Shen Yi's investment of [-] billion US dollars, the price-to-sales ratio is basically only around [-]. For a high-tech company that is still growing at a high speed, although this price-to-sales ratio is not It's ideal, but it's also pretty good.

According to the industry's internal forecast, the total revenue of Stone Group's Wuxing Technology in 2007 will reach 300 billion to 400 billion US dollars. Even if it is conservatively estimated, the total revenue of the entire group will exceed 500 billion. Dollar.

For this IPO recruitment, Wuxing Technology issued a total of 11 billion class common shares and 13 billion class b common shares, equivalent to 168 billion in total, with an issue price of 50 yuan and a total financing amount of 328 billion U.S. dollars.Shi Lei's personal shareholding reached 11%. The company's executives and board of directors have a total of 77 members, holding a total of 10%. The main venture capital or the only venture capital shareholder, Shen Yi, holds [-]% of the shares, and the rest outstanding shares for this issue.

Data one by one filled the pages of the major media, especially the technology sections. For three consecutive days, almost all the technology sections of the media were discussing the listing of Wuxing Technology. The analysis of various experts was everywhere between the lines. And the brief history of Stone Group in recent years, especially the brief history of Wuxing Technology in recent years.Different from the listing of other companies, usually the media will have some different opinions on the listing of a high-tech company, such as doubts about the company’s sustainable revenue capability, doubts about whether the company’s stock price can adapt to the market, and even issue a call for capital recruitment. voice of doubt.But for Wuxing Technology, those voices of doubt seem to disappear collectively in an instant. Although it is not the voice of praise, and even if Wuxing Technology's financing amount is the highest in history, no one doubts that Wuxing Technology has the strength to raise 50 billion US dollars. Similarly, no one doubts that the stock of Wuxing Technology will maintain an extremely strong upward curve after listing, depending on the rise and fall of the entire market.

Many investment banking experts on Wall Street, who are known for their harshness, seem to have received a lot of bribes from the Stone Group at this moment, and those difficult voices in the past still exist at this moment.

In mid-May, Wuxing Technology, a subsidiary of the Stone Group, started their global listing roadshow. Shi Lei also began to accept frequent interviews with global economic and technology magazines. Reprinted the content of the road show, and exaggerated all kinds of interviews with Shi Lei and Stone Group executives, especially in almost all the interview pictures, almost all of the R-series products of Wuxing Technology can be seen, the most notable one is r, this is tantamount to helping r to advertise without any investment.

Driven by roadshows and exclusive interviews with various media, by mid-June, after only two and a half months of official release, the total sales volume of r had reached 1000 to 2300 million. The industry exclaimed that the previous forecast seemed to make the world big Surprised, the total annual sales of r is likely to be far more than the new forecast of 3000 million units that just appeared not long ago, and it is likely to march towards the goal of [-] million units.

At the end of June, the New York Stock Exchange approved Wuxing Technology's listing application. Wuxing Technology will be officially listed on the New York Stock Exchange on July 2007, 7, and the New York Stock Exchange invited Shi Lei to ring the New York Stock Exchange on that day. The bell of the stock exchange.

From the submission of the application to the official listing, Wuxing Technology took less than two months.Although this time is not the fastest in the history of the New York Stock Exchange, it is still in the forefront.And if global investors know that Stone Group only took half a month from preparing to go public to submitting an application, I am afraid that Wuxing Technology will set a world record for the shortest preparation time for a company to go public.

On July 2007, 7, Shi Lei appeared at the gate of the New York Stock Exchange dressed in sports attire, and personally rang the bell that marked the opening of the week.As the bell rang, all the trading screens on the New York Stock Exchange began to refresh the stock price information of all stocks, and the one ranked first, and displayed in a larger font, was obviously listed on the first day of today. The five-element technology whose code is r.

The stock of Wuxing Technology has just started to be issued and entered the market for trading. The stock price immediately jumped from the established issue price of RMB to 32 US dollars, and then went all the way up. More than 20%, it seems that after the market reopens in the afternoon, Wuxing Technology's stock price will continue to rise. Today's increase of more than 50% throughout the day should not be a big suspense.

After Shi Lei rang the bell of the New York Stock Exchange, he was dressed in sportswear and became a hot topic in all the media. This was the first person in history to enter the New York Stock Exchange to ring the bell in sportswear. Shi Lei obviously He is using his extremely small means to attract the attention of people all over the world who are concerned about the listing of Wuxing Technology. Moreover, this also represents the consistent innovative spirit of the Stone Group, always doing pioneering things, just like the R series. Same for all products.And the controversy about which tablet computer is the world's number one, which has always been slightly controversial on the Internet, seems to have finally come to a conclusion at this time.

Some people think that even Jobs, for many years, has dressed in a black Sel shirt and denim ku for all the media meetings, but when the bell rings for the listing, he still attends in formal attire, but Shi Lei dares to wear sportswear for the first time. Zhong, this has fully explained who is more innovative.Well, even if Apple's is the world's first tablet computer, it will not damage r's innovative gold content in the slightest.

Even Apple fans would criticize this kind of statement, so they had to silently silence it, and the Stone Group obviously became the only winner.

In fact, except for those days when Stone Group’s products were available for sale due to the foundry incident, Apple’s sales increased slightly, and in the rest of the days, it was difficult for the global sales to exceed [-] units per day. Jobs wanted to borrow The hope of competing with the Stone Group for the market has almost all failed. Except for the first few days and the few days when the Stone Group had an accident, the rest of the sales were in line with the original company's expectations, and even led the global sales of the Stone Group. Regarding the consumption power and consumer market of tablet PCs, Apple has not been able to further increase its own sales.Although at the end of the year, the report will definitely show that the sales volume is higher than the initial expectation, but that is entirely due to the preemptive release and the small accident of Stone Group.

Jobs carefully calculated an account. By the end of the year, Apple's main revenue this year will still fall on their various computer products, while digital products will only maintain normal growth. Seizing more markets here seems to be an impossible task.

After the New York Stock Exchange reopened in the afternoon, although everyone expected that the stock price of Wuxing Technology would rise further, they did not expect that while the overall stock price of the New York Stock Exchange remained stable, the stock price of Wuxing Technology rose rapidly. To yuan, and around three o'clock in the afternoon, it reached the price.This bizarre increase immediately attracted the attention of all investors. Even people who don't understand stocks can see that Wuxing Technology's stock price is abnormal.

Of course Shi Lei also found out, and he immediately arranged for manpower to investigate what kind of changes occurred in the market. This is by no means a normal situation. If the rise is balanced, even if the stock price of Wuxing Technology exceeds [-] today, Shi Lei will only be amazed at most. He wouldn't be so surprised if he said that, but now, Shi Lei knew that someone must be playing tricks.

Goldman Sachs and Bank of America Merrill Lynch quickly responded to Shi Lei. All the delivery documents showed that almost all of the reasons for the rapid rise in the stock price came from a company registered in the Cayman Islands.This is obviously an offshore company. When Shi Lei received the news, although it was difficult to find out who the instigator was, Shi Lei was almost certain that it was someone from China. Moreover, more than two months ago He didn't forget what happened, Shi Lei even suspected that the person who made such a move was the same person as that guy.

During this period of time, that person seemed to have died down after failing to succeed, but Shi Lei knew that this person couldn't just give up like this, he was just waiting for a better opportunity.

Goldman Sachs, Bank of America Merrill Lynch, and other underwriters are the best investment institutions in the United States and even the world. Shi Lei is not worried about their operational problems. Faced with such a situation, they must naturally have countermeasures. Shi Lei does not think What better advice can I give them.

Sure enough, after Goldman Sachs and Bank of America Merrill Lynch started selling, the stock price of Wuxing Technology experienced a short-term fall, and then made a consolidation around $45. In more than 03 minutes, the rise or fall did not exceed $[-].

When the market closed at 4:50 p.m., Goldman Sachs and Bank of America Merrill Lynch apparently let it go again, which directly caused the stock price of Wuxing Technology to rise rapidly again, quickly breaking through [-] US dollars, and finally completed the No. A day's journey.

"Wuxing Technology rose by more than 70% on the first day of listing, suspected to be attacked by companies in the same industry"

This is the most eye-catching report on economic and high-tech news in global newspapers on July 7. The US Securities Regulatory Commission also announced that it will investigate this, because the bizarre rise in the stock price of Wuxing Technology is suspected to be the stone group. result of self-manipulation.

Naturally, such an investigation would not yield any results. Shi Lei felt ashamed, and he believed that the opponent was not particularly proficient in stock trading. He was led by the nose by the traders of these two companies.

Under such a premise, Shi Lei is not worried that that person can make a perfect setup to frame him. At best, he wants to raise the stock price by hoarding goods and then sell them suddenly, causing Wuxing Technology to ride a roller coaster in the market, causing other Investors have lost confidence in Wuxing Technology's stock.Regarding this point, Shi Lei is not worried, even if the stock price in the first few days is on a roller coaster, under the premise of Wuxing Technology's overall high growth in revenue and profits, the company's performance is there, even if it is temporarily affected, When the r2 is ready to be issued at the end of the year, the stock price will also tend to normalize.There will be such confidence, and more importantly, Shi Lei is very confident in the size of the other party's funds. He does not believe that the size of the other party's funds is sufficient to manipulate the stock price of Wuxing Technology. Moreover, even if it is an offshore company, the SEC is not a vegetarian Well, it’s okay for that person to quit after he’s done. If this goes on for a long time, the US Securities Regulatory Commission will find out this person sooner or later, and he will suffer a lot by then.

Because the stock price was raised to an unreasonable position, from the next day, Wuxing Technology's stock exchange transactions were obviously not as expected. Shi Lei was not in a hurry. Hoarding more than 1000 million shares, although this is only about one-tenth of the entire tradable shares, it is equivalent to owning more than 1% of the shares of Wuxing Technology. With such a large shareholding, more than [-] million to [-] million shares have been used If the U.S. dollar still can't make Wuxing Technology's trading volume and turnover rate shrink, then the other party is a fool who simply doesn't understand stock operations.

It is impossible for the other party to hold it like this forever. The stocks in his hands are basically Class B ordinary shares, which only have the right to distribute profits, but not the voting rights of the company. It is of no benefit to him to keep them in his hands.Sooner or later, he will sell these stocks. The purpose must be to cause panic in the market and investors' distrust of Stone Group.Therefore, according to the result of the discussion with Jin Yuehong before, Shi Lei's decision is still to wait patiently and wait for the changes.

As for Goldman Sachs and Bank of America Merrill Lynch, they had to suppress the stock price of Wuxing Technology to a certain extent, hoping that it could be slightly lower, so that the offshore company registered in the Cayman Islands could be sold at a high level. The vibration of Wuxing Technology's stock price and the lack of market confidence must also be severely damaged by the other party, otherwise, this game will be endless.

Shi Lei now has ample cash flow in his hands. After receiving the 100 billion US dollars injected by Shen Yi, more than 50 billion of them were directly used to repay the loan, and after the remaining 15 billion or so were put into production, at least he still had a lot of money. Raised more than $[-] billion in liquidity.From Shi Lei's point of view, even if you meet each other shirtless and fight with bare hands, at worst, the bayonet will be popular, and you will lose hundreds of millions of dollars, you must make the other party never dare to use the Stone Group's brains from now on.

It's just that the other party seems to have died down again, and there has been no movement for half a month. The holdings of more than 1% of Wuxing Technology's shares have been silently staying under the name of that company. For half a month, there was not even a single transaction. At this time, the stock price of Wuxing Technology has remained at around 50 US dollars. For a fairly good company, this stock price is quite in line with the actual situation of the company.

"Does this guy want to join our board of directors? 1% of the shares are mainly Class B ordinary shares. Does he think this will be of any use?" Shi Lei shook his head and smiled bitterly. He became more and more confused about this opponent. what do you care about

ro! .