Winning the new financial era

Chapter 324
early morning.

Ty Warner Penthouse Suite at Four Seasons Hotel New York.

Zhang Yida was woken up by the alarm clock, lifted the Thai silk quilt woven with 22 carat pure gold threads, and got out of bed carelessly.

With a naked upper body, he lit a cigarette and walked to the huge French windows, overlooking Manhattan at five o'clock in the morning.

The suite on the 52nd floor is small in size, only 4300 square feet, equivalent to 400 square meters, but it is one of the most expensive five-star hotel suites in the world.

Because it has a rare panoramic view of Manhattan, it has four independent floor-to-ceiling windowsills on all sides, allowing you to enjoy a 360-degree panoramic view of the city skyline.

But that alone is not worth the $35000 a night room rate.

The suite also includes a chauffeur-driven Rolls-Royce or Mercedes-Maybach, a 24-hour butler, personal fitness trainer, spa services and a "MasterChef Workshop" dinner .

After finishing the cigarette, Zhang Yida called the personal butler.

A well-combed and well-dressed British old man walked into the suite and greeted him in English with a London accent, "Mr. Zhang, good morning!"

Can't speak Chinese, bad review!

Zhang Yida didn't like the so-called British etiquette, so he waved his hand directly, "Let's have breakfast! I'm going to the New York Stock Exchange at 8 o'clock Eastern Time."

The old butler bowed slightly, "I'll make arrangements now!"

After a while, the butler entered the suite with a sumptuous breakfast, and there were ironed financial newspapers under the silver plate.

After Zhang Yida had breakfast, the old housekeeper handed over the ironed suit.

After Zhang Yida changed into this tens of thousands of dollars in black suit, the old housekeeper led the way out of the suite, followed by Qian Li, a bulky and invisible bodyguard.

At the entrance of the hotel, a team of Rolls-Royce Phantoms was parked in the lead, followed by a team of more than a dozen Mercedes-Benz S-Class.

Fan Hongyang, Shen Beipeng, Xu Xiaoming and other shareholders, as well as the management of Yimin Wealth led by Ding Siyao, have been waiting here for a long time.

Zhang Yida thought he came early enough, but unexpectedly he was the last one.

Thirty or forty people looked at Zhang Yida, who smiled at them and said, "Good morning, everyone! Are you all resting?"

Except for a few investors, the rest of the people present were middle and high-level executives of Yimin Wealth, and they said in unison: "Good morning, Mr. Zhang, everyone has had a good rest!"

Zhang Yida didn't believe that they had rested well. Seeing many people with dark circles under their eyes, he guessed that they hadn't slept all night.

In fact, it was almost the same as Zhang Yida's guess.

The middle and high-level executives of Yimin Wealth were excited from the moment they got on the plane, and this emotion became even more intense after staying in the most luxurious Four Seasons Hotel in New York.

Ring the bell and go public, ushering in a bright moment in life!
They began to fantasize about all kinds of things after their net worth soared after going public. Some people thought about changing cars, some thought about changing houses, and some thought about changing wives...

Zhang Yida waved his hand, "Let's go! Get in the car!"

Zhang Yida got into the leading Rolls-Royce Phantom, and the rest got into the other Mercedes-Benz cars in twos and threes.

The motorcade passed through New York's Fifth Avenue and arrived at the New York Stock Exchange at 11 Wall Street.

Putting on the badges provided by the NYSE company, Zhang Yida, Ding Siyao, Fan Hongyang, Shen Beipeng, and Xu Xiaoming boarded the small white balcony in the lobby of the NYSE.

The roof of the New York Stock Exchange is very high. Standing on a small balcony, you can overlook the staff coming and going in the hall.

Unlike Nasdaq's electronic buttons, the New York Stock Exchange's bell ringing road is a small gavel, which is similar in length to the one often used by judges in courts.

"boom!"

Like a judge, Zhang Yida knocked down the gavel in his hand.

Yimin Wealth went public successfully!

The company management and investors clustered around Zhang Yida began to applaud.

The reporters in the audience recorded this wonderful moment with their cameras!
Whenever a Chinese concept stock is listed, there will be no shortage of domestic reporters to come to support it.

Yimin Wealth originally planned to issue 16 million ADSs at a price range of US$20/ADS to US$1500/ADS.

Among them, 1200 million ADSs for new shares, 300 million ADSs for old shares, plus the over-allotment part, a maximum of 1725 million ADSs will be issued.

The wealth management industry has developed in Europe and the United States for many years. Investment banks and private banks have this business, and the development has already entered a period of sluggishness.

So the concept wasn't very sexy, it didn't attract many investors, and the oversubscription was not ideal, only a little over 10 times.

Morgan Stanley and Goldman Sachs were worried about falling below the issue price, and suggested a compromise issue price of US$18/ADS, and Zhang Yida listened to this suggestion.

The stock code of Yimin Wealth is "YMCF", and it closed at US$20.2 at the opening price, a 12.2% increase from the issue price. Including the excess part, the IPO raised a total of US$3.105 million!
After deducting investment bank issuance fees and related audit fees, the actual raised amount was 2.88 million US dollars.

Among them, US$2.304 million went to Yimin Wealth Company, and another US$5760 million was cashed out by Zhang Yida himself.

After the IPO, the total share capital of Yimin Wealth was changed to 1.138 million shares, and the market value reached 22.98 billion US dollars.

Zhang Yida stood on the small balcony with a group of executives and investors for a few minutes, and the listing ceremony ended.

Then came outside the New York Stock Exchange building, where the company's executives and investors took a group photo.

After the group photo was over, domestic reporters came forward to interview Zhang Yida.

"Mr. Zhang, hello, are you satisfied with the listing of Yimin Wealth? What does the listing mean for you and the company?"

Zhang Yida was facing the reporter's camera, and said with a smile: "I am quite satisfied, the listing is an affirmation and a milestone for Yimin Wealth.

After listing, the company's brand can be enhanced, and it can also boost the confidence of partners and employees.

For shareholders, there are also more exit channels.For me personally, it can be regarded as an inspiration! "

The reporter asked again: "I heard that you have taken the middle value of 18 US dollars for this issue instead of the top price of 20 US dollars. Can you talk about your thoughts?"

Zhang Yida said: "The wealth management industry in Europe and the United States has developed for many years, but the current market growth has been very slow.

But China is different. The economy is growing fast, and the class has not yet solidified. It is the country with the fastest birth of billionaires in the world, and the market has great potential for growth.

In the future, Yimin Wealth will prove itself to the market. "

A reporter also went to interview Ding Siyao, and the reporter asked her: "Mr. Ding, as a female CEO, and one of the rare female CEOs of listed companies, can you analyze the advantages and disadvantages of starting a business from a female perspective?"

Ding Siyao said: "Compared with men, women are more bound by family.

But female entrepreneurs also have many advantages, for example, they are more delicate than men..."

The reporter asked unkindly again: "Noah Wealth has always been known as the No. [-] wealth management brand in China. Now the market value of Yimin Wealth has surpassed the other party. Do you have anything to say about this?"

Ding Siyao frowned, and took a deep look at the reporter.

The question asked by the reporter really put her in a dilemma.

There has always been competition between Noah Wealth and Yimin Wealth, and there have also been incidents of robbing customers among financial planners.

Now that the market value of Yimin Wealth has surpassed that of the other party, it is not wrong to say that Yimin Wealth is the number one wealth management brand in China.

However, the ranking among wealth management brands depends not only on market value, but also on the scale of client assets under management, industry influence, customer evaluation and many other criteria.

If she followed the reporter's words and admitted that she had surpassed the other party, then if it spread to the country, it might cause trouble again.

But if you don't admit it, you will lose your company's reputation in vain.

She doesn't have a good opinion of Noah's wealth, but because of some malicious competition, she has more disgust.

Ding Siyao thought for a few seconds, then replied to the reporter: "Yes, in terms of market value, it is indeed the case.

Next, Yimin Wealth will deploy overseas, go to the international stage, and compete with the world's top private banks and wealth management companies.

We will definitely maintain a normal mind, continue to learn, and continue to improve ourselves. "

When the reporter saw that Ding Siyao didn't fall into the hole he dug, he felt a little regretful.

It's no wonder that he became a CEO at the age of 25, which is really not a vase.

……

Inside the Four Seasons Hotel New York.

A celebratory dinner is underway.

Xu Xiaoming chatted with Zhang Yida while drinking red wine happily.

"Yida, it's the second company. Now that the market is hot, we have to send other companies to the market as soon as possible!"

Zhang Yida smiled, "That's what I mean too. I will list Yimin Loan and Ruimin Wealth Management next to each other."

"Where is Rui Xiang? Wait?" Xu Xiaoming asked.

Zhang Yida took a long breath, shook his head and said, "Sharp direction is not enough, you have to go slower."

Xu Xiaoming didn't say anything more, but nodded to express his support.

For him, he has already made a lot of money.

At the beginning, I invested in Yimin Wealth, a company, and incubated four companies along the way.

Now two have been listed, and two more are about to be listed, so don't make too much money.

"Is it Yimin Loan or Ruimin Financial Management next?" Shen Beipeng noticed the conversation between the two and came over to ask.

"Yimindai, the profit margin is not bad, and the business fundamentals look better."

Shen Beipeng nodded in agreement, and said: "Ruimin Financial Management is indeed a little bit worse, and the valuation of 10 billion US dollars is a bit false."

Zhang Yida smiled and said nothing.Most of the profits of Ruimin Wealth Management have been transferred to Huimin Bicycle, and its own assets are also developing slowly. Indeed, the valuation of US$10 billion is a bit vain.

"Why don't you wait?" Shen Beipeng turned to look at Zhang Yida, "It's fine for Yimin Wangjin to fight for the first share of Hujin, and the development of Yimin's wealth has almost slowed down.

I think Keyimindai has great potential for development!Waiting for another two years to go public will maximize the benefits.

As far as Ruimin Financial Management is concerned, I am not too optimistic about listing, and it is possible to reduce fundraising or break the company. "

What Shen Beipeng said is very reasonable, but Zhang Yida is aware of the future domestic regulatory trends.

The supervision is getting stricter, and even going public in the United States can’t raise two dollars, and there will be a series of human tragedies such as breaking, plummeting, and ankle chopping.

If you don't go to the United States to collect money now, it will be difficult in a year or two.

Wall Street's evaluation agencies are still very powerful, and the various uncertainties and impacts of domestic regulatory policies on China's mutual financial companies will be taken into account by them.

The further you go, the harder it is to cut American leeks.

"Policy!" Zhang Yida spat out two words.

Shen Beipeng chewed these two words repeatedly, and Xu Xiaoming also frowned and thought.

Shen Beipeng guessed that Zhang Yida had heard some rumors about the policy, so he didn't continue to ask, and said directly: "Okay! Now that you have made a decision, we will all support you!"

"Hey, by the way, you cashed out 345 million ADS this time? Are you planning for a rainy day?"

Zhang Yida looked at Shen Beipeng, an old fox, and smiled, as expected he had a keen sense of smell.

"Don't be too cruel! If your reputation is ruined, it will be troublesome for your other companies to go public in the future!" Shen Beipeng knew that nothing was good when he saw Zhang Yida's smile, and specially reminded him.

"For tens of millions of dollars, people on Wall Street don't hold grudges, they only value profits.

In the future, Ruixiang, Doushi, and Pinduoduo will all be key-level big orders, and there is no need to worry about not being favored by investment institutions. "

(End of this chapter)