The rise of a great power: starting with military industry

Chapter 416: Going public in the United States?

Many people looked at the brilliant and cheerful Ho Ying-tung with envy.

In the past few years, Ho Ying-Tong's business has grown like a snowball.

Even though Ho Ying-tung never announced the amount of money he earned every year, just hearing some rumors was enough to make them envious and jealous.

In just a few years, the Huo family's assets soared like a rocket.

Moreover, Ho Ying-Tong's status in the underworld skyrocketed. He was very popular in the mainland and enjoyed great reputation among overseas Chinese.

Everyone knows that Henry Fok is a red-top businessman.

In the past, people avoided red-top businessmen like the plague, and were afraid to encounter them.

At that time, Ho Ying-tung was subjected to comprehensive suppression and paid a heavy price.

And now, everyone is so eager for red-top businessmen.

But it’s not easy to become a red-top businessman nowadays.

"Mr. Huo, why doesn't your Golden Dragon Technology Group choose to be listed in the Hong Kong Stock Exchange, but instead choose to be listed in the United States?" Li Ka-shing was a little confused.

All of them present at this time were wealthy businessmen from Hong Kong.

Some people have ranked the top ten richest people in Hong Kong, and these people are among them.

Li Ka-shing is in the real estate business and has always been very cautious about the technology and electronics industries. In recent years, he has only tried to invest in several game companies. Although the profits were considerable, they were still far from those of real estate.

In addition to developing existing land in Hong Kong, Li Ka-shing's main focus is on developing real estate in the Mainland.

Although there are many restrictions, as long as it is successful, the profits can still be considerable.

Commercial housing in the mainland is just in its infancy, and the average living area per person is less than 4 square meters, which is simply a blue ocean.

The reason they came to attend the Huo family dinner, in addition to welcoming Liu Tao, was because they received news that Jinlong Technology Group was going to go public in the United States.

In everyone's eyes, Jinlong Technology Group is a big company. The world's largest personal computer comes from Jinlong Technology Group, with annual sales of several billion US dollars.

"This was also decided after consultation among the shareholders." Ho Ying-tung said with a smile.

Family members know their own business. Everyone thinks that Jinlong Computer belongs to Jinlong Technology Group, but in fact, Jinlong Technology Group is Jinlong Technology Group, and Jinlong Computer Group is Jinlong Computer Group.

Jinlong Technology Group does not own even 1% of the shares of Jinlong Computer Group, nor does it own any computer-related technologies. It is merely a seller of Jinlong Computer Group, but outsiders are unaware of this.

However, Jinlong Computer Group owns 30% of the shares of Jinlong Technology Group.

Of course, even if Jinlong Technology Group gets a share, the annual amount will be very large.

However, it was Liu Tao who took the initiative to propose Jinlong Technology Group's listing in the United States.

Because the Hong Kong government is unable to provide sufficient support to Golden Dragon Technology Group now, once their competitors really use some special means to exclude them from the Japanese, European or North American markets, they now have no effective means of counterattack.

However, if Jinlong Technology Group is listed in the United States, then any unfair competition behavior against Jinlong Technology Group will be an infringement on the interests of American shareholders. They have sufficient reasons to persuade the US government to help them retaliate against the relevant companies.

For Jinlong Computer, the US market is the largest overseas market, the European market is the second largest overseas market, and Japan is the third largest overseas market. As for the Chinese market, the sales volume is only a few thousand units a year, which is still far behind.

Liu Tao made this decision because he was inspired by the US-Japan Semiconductor Agreement.

This is done not only to attract more people and form a community of interests, but also as a token of allegiance.

After all, competition in this market is very fierce.

In addition to Kinglong computers, there are also Japanese computers and American computers, and they are all competing with each other.

The US government has always been happy to stand up for its own companies. Whether it was the television industry in the 1960s and 1970s or the current semiconductor industry, the US government has put pressure on the Japanese government.

For example, the U.S.-Japan Moving Reminder Agreement is the latest achievement of the U.S. government.

Liu Tao also wanted to avoid his American counterparts from using the same method to attack Jinlong Computer.

But once Jinlong Technology Group is listed in the United States, things will be different. The interests involved will be much greater. Do those stock gods on Capitol Hill really think they are stock gods?
It's nothing more than an exchange of interests.

In addition to Japanese computer brands such as Sony, Jinlong Computer's competitors also include American companies such as Apple and IBM.

For example, IBM is the company with the highest market value in history, with a market value of $1967 billion in 1928, when the GDP of the United States was only $8300 billion. By 1974, the number of computers produced by IBM was four times the total production of all other computer manufacturers in the world, becoming an absolute monopoly in the computer industry.

After Jinlong Technology Group goes public in the United States, Jinlong Computer Group can also gradually sell its shares and thus have more funds.

Liu Tao actually discovered the crisis facing Golden Dragon Computer. On the one hand, in the Japanese market, companies such as Sony and Toshiba tried to squeeze out Golden Dragon Computer through government means, and the intensity of this squeeze was increasing. On the other hand, in the US market, companies such as IBM and Apple were also trying to take some actions to restrict Golden Dragon Computer.

On the Japanese side, because the relationship between the two sides was developing in a positive direction, companies such as Sony and Toshiba did not succeed.

On the American side, China and the United States are in a honeymoon period. The two sides are politically and economically booming, and exchanges are becoming more frequent. The United States can make a lot of money from China every year and will not easily do anything to damage the relationship between the two sides.

If China's position wavers, it may have a subversive impact on the current United States. It is estimated that in the situation where the Soviet Union attacks and the United States defends, the United States will become more passive and even cause a domino effect.

However, Liu Tao also has some concerns. That is, if he continues to eat alone, he will lack a foothold in the US market and will be easily targeted.

The reason these wealthy merchants are here this time is to get them on board together and bind them together through interests.

The power of these wealthy merchants is still considerable.

However, faced with the valuation of 150 billion US dollars, these wealthy businessmen frowned.

They didn't expect that Jinlong Technology Group would be valued so highly.

This means that with their financial resources, they simply cannot afford to take on much of a stake.

Liu Tao looked at the changing expressions of these wealthy businessmen and sighed secretly in his heart. These people were definitely heroes in traditional business, but when it came to technology companies, they were real killers and knew nothing at all.

They have no idea about the power of technology.

When Apple first went public in 1980, its market value reached $18 billion.

The revenue and profit of Jinlong Technology Group are more than ten times that of the United States, so the valuation of US$150 billion is not too much at all.

(End of this chapter)