Age of Dreams

Xiao Qi didn't feel any anxiety about Meitu Sharing replacing this historical deviation.

He has changed too much history and it is not bad to change this one.

If it wasn't for von Kellen to come up with this idea, it wouldn't be long before Xiao Qi would let Hoffman set up a company in Silicon Valley and bring it to the market.

no way.

The United States has always been the best place in the world for network technology incubation. Only in the United States can these creative ideas be transformed into a lot of wealth and honor.

In Europe, it can only be for self-entertainment and cannot expand to the world.

If it is in China, it can only be rampant piracy, and its influence is not as good as that in Europe.

Now the location of the founding has become Hong Kong, but it is not a big problem.

Because the Hong Kong market itself is very small, the electronics industry in Hong Kong aimed at the European and American markets from the very beginning... Heh heh, although they have no successful cases, the goal is very clear.

In addition, Hong Kong’s culture is a bit more Western. When they make the app for sharing their novels, there will be no obstacles in English, and there will be no blunt Chinese-English conversion problems.

Yes it is.

Feng Kelun intends to focus on the European and American markets. The second choice is the Japanese and South Korean markets. The third grade is China's cross-strait three places. Although this development goal is somewhat too practical, it is still the best development choice at this stage.

Anything that is popular abroad will only be more enthusiastic when it returns to the Chinese market. This is a rather helpless reality, but you have to admit that its existence has practical significance. .

Historically, I didn't expect that I would be so successful at the beginning, so I lacked preparation. Coupled with some conservativeness and stability in the back, it was picked up a big deal.

Today, behind Meitu Sharing is Xiao Qi's support, so there is no need to worry about financial problems at all, and Xiao Qi will not consider going public or selling shares until it reaches a certain stage.

With so many good companies in the world, Xiao Qi certainly wouldn't occupy everything alone. In fact, he had planned for a long time, except that the main industries of the Fairy and Xiaoyao Departments should be tightly held in his hands, the rest of the companies can be used to exchange benefits with others and hold each other’s shares to increase growth. The influence of the fairy company and the expansion of the chain of interests.

Taizu once said that it is necessary to unite the majority of people and isolate a small number of enemies, so that the final victory can be achieved.

Xiao Qi didn't need to unite too many people. As long as you have a good relationship with some of the giants in the electronics industry, you will be invincible.

Don't look at Xiao Qi now earning a lot of money, and he is the richest man in the world, but there are more lucrative businesses in the world, such as oil, banking, arms, mining, food, medical care, electrical appliances... and so on.

So you are not in your business, and others really don't have the intention to knock you down.

Unless you want to find death yourself and offend most people, your industry will not rush to kill you.

it is good. The topic is far off.

Listening to Feng Kexin talking softly about his brother's reaction, Xiao Qi also heard the deep joy of her charming wife.

When hanging up the phone. Xiao Qi walked back from the terrace again and said sorry to a middle-aged man sitting in a chair.

"It doesn't matter, Qi Shao, you are also busy with personnel." The middle-aged man smiled.

This middle-aged man is not simple, he is Zhou Wuyao, the CEO of the Hong Kong Exchanges and Clearing.

The Hong Kong Exchanges and Clearing House may not be very clear to everyone, but everyone understands its abbreviation-the Hong Kong Stock Exchange!

The Hong Kong Stock Exchange is the only institution that trades Hong Kong stocks, securities and futures, and is by far one of the most profitable exchanges in the world.

For mainland companies interested in listing in Hong Kong. Zhou Wuyao is the most critical figure. The names of CNPC, CNOOC, CLP, Lianshu, China Merchants Group, China Everbright, China Resources etc. are all related to him.

But for Xiao Qi, who doesn't want to be listed on the Hong Kong Stock Exchange, Zhou Wuyao is nothing.

Conversely, Zhou Wuyao wanted to ask Xiao Qi, so he tried his best. I want to meet and talk with Xiao Qi.

What to talk about?

Naturally, it is time to talk about the listing of Fairy Company in Hong Kong.

To be honest, Xiao Qi was shocked when he heard Zhou Wuyao talk about this when he was a child.

Even the giants such as Goldman Sachs, Merrill Lynch, JPMorgan Chase, Morgan Stanley, Citi, UBS, etc., are afraid to persuade Xiao Qi to list Fairy Company, because there is no exchange in the world. Throughput.

There is no need to calculate other things. The Fairy Company, which owns 80% of Dreampad's shares and all of Dreamstars' shares, has a valuation of at least US$500 billion.

Calculated based on 10%-15% of the total share capital in the number of ordinary shares, Fairy’s raised funds are between US$50-75 billion, setting a world record.

Such a large amount of capital is definitely not something that Hong Kong can afford for such a small plate. Considering that it mainly faces investors in Asia, it is very likely to cause a pitiful situation that the listing will break.

However, after talking a few more words, Xiao Qicai discovered that Zhou Wuyao, who was able to sit on the Hong Kong Stock Exchange's CEO, was definitely not a fool, and his purpose was actually on Xiaoniao, a subsidiary of the Fairy Company!

First choose an impossible goal, and then step back to a more realistic goal. Isn't this a method often used in negotiations?

However, even if he knew what Zhou Wuyao was thinking in his heart, Xiao Qi was not angry. Zhou Wuyao is now sitting in the position of CEO of the Hong Kong Stock Exchange, so he must be thinking about his own interests.

However, Xiao Qi didn't intend to give him any face because of understanding.

First of all, it is impossible for the core assets of the Fairy Company to be listed. This is what Xiao Qi is doing now, and it is a necessary requirement that will be written into the family regulations in the future.

This is not what Xiao Qi thinks alone. Old man Huo's Huo Xingyetang did just that.

The practice of paying for the house before seeing the house, which makes ordinary people hate it, is called "selling off-plan properties". This is the initiative of Mr. Huo. With this, he became the first-generation real estate tycoon in Hong Kong. And it monopolizes 70% of Hong Kong's real estate construction projects, 90% of the river sand supply, etc., which was developed twenty years earlier than Li Chaoren!

But Elder Huo insisted that his Huo Xingyetang not be listed, so that the company, property, etc. in his hand did not have to report to the stock market regulators. As a result, others thought his family property was only more than 30 billion Hong Kong dollars. But it broke out after his sons filed a lawsuit, at least they have more than 60 billion-this is not the final figure.

A well-run non-listed company can completely decide on its own without many, many restrictions, so it is very convenient.

Moreover, for companies that are not listed, there is no need to worry about the violent fluctuations in the stock market or the malicious acquisition of their family’s core assets. This is also the best way for long-term development.

Of course, Elder Huo's another approach. That is the rule that children and grandchildren only take dividends, regardless of family property, which is exactly what Xiao Qi respected.

In fact, many of Xiao Qi's distribution of family property have borrowed from this wise old man's approach.

Then the second point is that although Xiaoniao.com is not the core asset of Fairy’s company, it is the private property of Xiao Qi and Shen Wuyan’s children. With Xiao Qi’s understanding of Shen Wuyan, it’s even more impossible for her to take her own The company is listed. Especially now that Xiaoniao.com has achieved profitability with the support of various programs and various advertising revenues. It's even more impossible.

However, Xiao Qi’s Fairy Guardian anti-virus software company had decided long ago to try it in Hong Kong, so Xiao Qi can also try to discuss with him.

"In my opinion, the biggest shortcoming of Hong Kong's Hong Kong Stock Exchange is the policy of'same shares and same rights'. This is the one that hits the founder team the most." Sitting down, Xiao Qi talked freely: "Lee 2004 , So can it develop so well today?

For example, Mr. Zhou just now, you said about my Xiaoniao. I worked so hard to start a business, but I was deprived of my power within two years of listing, and then watched them toss my hard work... In this case, I would definitely not agree to come to Hong Kong for listing, even if there are differences in language and culture. , I will still choose the United States! "

Zhou Wuyao smiled bitterly when he heard the words: "You have been asked about this question by many people. But you are only thinking about the founding team, don't you think about the investors who bought your stock? Make every investment reasonable. Everyone enjoys their own legal rights. This is a point that our Hong Kong Stock Exchange resolutely defends. It is difficult and difficult to change."

"But it is always the founder team that I am talking about that determines where the company will go public. The interests of the founders are guaranteed before subsequent investors can share. You don’t even have a listing here, so what else can you share? Benefit?" Xiao Qi spread out his hands and said, "So, we are different, we don't seek each other."

The policy of the Hong Kong Stock Exchange is that all stocks, regardless of type, have the right to one share, one vote. If more than 51%, you dare to dismiss the chairman and take the top spot.

But the United States is different. Many companies, such as le,, etc., adopt a stock structure of type a and b.

Class A stocks are ordinary tradable shares, 1 share 1 vote, but Class B stocks are 1 share 2 votes, 5 votes or even 10 votes. For example, Tang Mingxiang promised Zuckerberg that he would take Class B stocks and buy it himself. The 40% of the stocks listed below are just common Class A stocks.

The most exaggerated is the social game company replaced by e. The founder Pincus uses triple voting rights. 1 share of class c stock in his hand is equal to 70 votes! Moreover, this guy actually controls all the Class C stocks, Xiao Qi doesn't know why Nasdaq and investment banks will agree to this voting structure.

Ali Baba, who has always wanted to create miracles in Asia, originally wanted to cooperate with the Hong Kong Stock Exchange again, but why didn't it list on the Hong Kong Stock Exchange in the end?

It is because the Hong Kong Stock Exchange rejected the dual voting structure proposed by Ali Baba at the end of 2013, and Ma Yun could only go to the United States to list, so that the Hong Kong Stock Exchange missed the super network giant with a market value of more than 200 billion US dollars!

Only then will the Hong Kong Stock Exchange learn from the pain and gradually change their rigid thinking.

Now...

There is no pain, it is really difficult to want them to change!

Zhou Wuyao has a deep background in HSBC Holdings.

HSBC, a veteran British super large investment group, has always been known for its conservativeness, and Zhou Wuyao also has this habit.

So no matter how he wanted Xiao Qi to list his company in Hong Kong, he never thought about changing the rules for Xiao Qi.

But Xiao Qi doesn't care. Anyway, an old-school manager like Zhou Wuyao will be announced to resign in 2010 because of his ineffectiveness in the financial crisis in the past two years. He will be replaced by the Asian president of JPMorgan Chase. At that time, Xiao Qi will mainly negotiate with that person, not him.

Xiao Qi was not in a hurry anyway.

Before the fairy guards accounted for more than 50% of the smart electronic equipment, Xiao Qi would not be able to bring it to the market.

Profit maximization is what a businessman should pursue.

Like Penguin, only a few hundred million were listed, but later it grew to hundreds of billions. Doesn't this show that it is cheaper for others?

Moreover, there is another point that Xiao Qi also intends to change the Hong Kong Stock Exchange's regulations that the number of outstanding shares must reach 25%.

The Bloomberg, which is controlled by the old man Bloomberg, will hold more than 90% of the stocks in the future, and he hasn't seen Bloomberg's development well!

Why must there be such a rigid rule that the tradable shares are more than 25%?

Everyone wants a good stock ~www.readwn.com~ and doesn't want to sell it. This is normal!

Could it be that someone else bought my stock, and my major shareholder knew that to rise, he still had to take it out for profit and maintain a 25% share of circulation?

On the other hand, don’t you want to take money out of my pocket and give it to others?

The founders are willing to give the wealth that is willing to share with investors.

But if it is beyond the scope of reality, it is a looting, and it does not belong to the scope of normal cooperative transactions.

But I think so, you still need to have strategy and patience in specific operations.

The various stubborn habits of the Hong Kong Stock Exchange are just like the British who once influenced them. To completely change their thinking, they still need to work hard and have a long way to go. (To be continued...)

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