Global Monopoly of Technology

Chapter 485 [A surprise to Wall Street]

"I don't dare to give you an exact answer to this, but what you said, Brother Luo, are quite constructive opinions and suggestions, and they are very worthwhile to study in depth."

Zhong Yuanhong said.

What the Hong Kong Stock Exchange cannot accept is the partnership system proposed by Bluestar Technology. The Hong Kong Stock Exchange requires the same share and the same rights, while Bluestar Technology advocates that a small number of shares occupy control over the group company, which is the AB share system, which is Same shares with different rights.

And this is Luo Sheng's bottom line, so the Hong Kong Stock Exchange can't be listed, and he can only go to North America to engage in ADR. Anyway, the village trust certificate on Laomei's side does not involve the control of the company.

The so-called ADR is the abbreviation of Custody Certificate. The United States is currently the most financially developed country in the world, and its related system design is also the most advanced. In addition to incorporating domestic enterprises above the scale into the stock market, in order to earn money from the world It is convenient for American investors to participate in foreign stock investment, and it also provides financing channels for companies in other countries except the United States. The Morgan Bank in the United States created depositary receipts as early as 1927.

Bluestar Technology used ADR to go public in the United States in 2006. Strictly speaking, Bluestar Technology is not a company that is actually listed in North America at all, nor is it a North American enterprise. It can only use ADR to trade in the North American capital market.

This is why Bluestar Technology can also be listed on the Hong Kong Stock Exchange or other exchanges besides the United States, because the listing of Bluestar Technology in North America is not a real listing, nor is it listed in China.

If the Hong Kong Stock Exchange can support the provisions of the same shares with different rights in the future, then after Bluestar Technology completes its listing in Hong Kong, the shares listed on the Hong Kong Stock Exchange and the North American Depositary Shares listed on Nasdaq will be convertible.

This is the advantage of ADR. Not only can the depositary receipts be exchanged, but also can be exchanged with other securities. Global investors can buy the depositary receipts of Bluestar Technology on exchanges in North America, and at the same time, they can also exchange them with other securities in Hong Kong. Stock Exchange to buy shares of Bluestar Technology.

At this time, the two sides were still sitting in the living room and continued to chat. Zhong Yuanhong saw that Luo Sheng had made two and a half cups of tea by himself, and handed over one of them.

After taking a sip, Zhong Yuanhong said again: "Brother Luo, I guess you want Bluestar Technology to go public in Hong Kong. Besides these, there should be other problems, right?"

Luo Sheng nodded with a smile, and said frankly: "First, although North America allows the same-share with different rights system, it does not mean that the market over there allows the company's top management to mess around. On the contrary, it has stricter regulatory conditions. Bluestar Technology must Meet the requirements of investors in terms of finance and growth expectations. Otherwise, no matter who you are, investors will not let you get away with it. Although I have always emphasized that Bluestar Technology does not take profit as its first goal, last year, it made a net profit. 72 billion US dollars, equivalent to more than 490 billion yuan, enterprises are gradually becoming money-making machines in the financial capital market.

"

"Second, Bluestar Technology's performance growth has encountered a bottleneck. The global Internet user market has basically been divided up. If we want to develop further, we must explore overseas emerging market countries, and developing these emerging market economic regions requires a lot of financial support. In the short term There is basically no return in the domestic market, which means that the initial investment is huge. I think the listing on the Hong Kong Stock Exchange is to give a higher valuation and financing support. Therefore, Bluestar Technology needs to go to the Hong Kong Stock Exchange for financing to expand its overseas territory. "

"The most important point is that the old beauty is now deliberately suppressing me Bluestar Technology. Investors in North America will still remember the continuous explosion of Bluestar Technology's stock price. Although there is no airdrop agency, I think there will still be some people behind it. Our company's current reserve of more than 200 billion US dollars is almost the same. Those airdrop agencies will never be indifferent. They are waiting. Therefore, we still need to be hard on ourselves. Bluestar Technology may not be able to have a higher valuation in North America in the future. If it is funded by the Hong Kong Stock Exchange, it will have a larger global strategic layout.”

In the end, after listening to Luo Sheng's words, Zhong Yuanhong couldn't help but sigh, but after a moment he looked at Luo Sheng and said with a smile: "Listen to what you said, with someone like you at the helm, I think Bluestar Technology will survive this time. There's nothing wrong with a crisis, it's just a matter of time."

Luo Sheng said humbly, "I won the prize."

Zhong Yuanhong still smiled: "I don't dare to make a deal with you about the listing of Bluestar Technology in Hong Kong. Even if this can be done in the end, it will not be done overnight, not even three years or five years."

Luo Sheng nodded: "I know this, it's not a trivial matter after all."

Zhong Yuanhong added: "However, I don't think it's a big problem if you want to borrow 350 billion yuan from the country. You can even give you a low-interest loan. From an investment standpoint alone, it’s also a good investment.”

Luo Sheng: "Really?"

Zhong Yuanhong said with a smile: "You can always believe in the 'Luo Sheng effect'. So far, even the current crisis has not disappointed people."

Hearing this, Luo Sheng couldn't help laughing out of joy.

This "Luo Sheng effect" is really mysterious and cannot be explained by science, but it does exist and is very powerful.

After a while, Zhong Yuanhong got up and said with a smile: "There is nothing else, it's time to say goodbye, don't worry, Brother Luo, I will contact you immediately if there is any news."

Luo Sheng immediately got up and prepared to give it away, Zhong Yuanhong stopped: "This is obvious, stay."

"Haha, okay, then wait for your good news."

...

After Zhong Yuanhong left, he also made a systematic report on the matter at the first time.

Luo Sheng was not too anxious. Even if it didn't work, he would still be able to get through this crisis, but it would be a little more difficult.

With the passage of time, in the first ten days of April, Bluestar Technology Group officially released the 2012 Q1 financial report with the approval of Luo Sheng.

In the first quarter of 2012, the total global revenue of the group company was 34.72 billion US dollars, a sharp drop of more than 35% compared with the fourth quarter of last year; this quarter's net profit was 6.25 billion US dollars, and the net profit margin was only about 18%, almost halved. .

It can be seen that the "Bluestar Technology Risk Assessment Report" released by Heisi Group is very authoritative.

In fact, even if Bluestar Technology is facing the loss of the international market, its net profit for this quarter is expected to reach 9 billion US dollars, and the actual figure of 6.25 billion US dollars is the result of the company's initiative to reduce corporate profits.

This financial report is in line with the expectations of Wall Street analysts. After the release of the company, it did not cause drastic fluctuations in BTC stocks, neither rose nor fell, but rose and fell, but the total market value remained at 370 billion US dollars. The gears fluctuate slightly.

It seems that the market value of Bluestar Technology Group has stabilized at this number. A multinational technology giant with such a large size cannot go down, but it is difficult to rise if it is not driven by events.

In this way, it seems that it came to June 2012, and in the past two months, Luo Sheng also returned to the work of climbing technology, and the main energy was on Star Arrow International and the Snowman Project.

Finally, into mid-June, event-driven... is here.

...

Bluestar Technology Group's new headquarters, Mobius Ring, has a high-level meeting room inside.

Luo Sheng was having a meeting with Lao Zhang and other core managers of the group company. At this moment, his personal phone rang. In the conference room, only Luo Sheng's phone would ring. When the call comes, it will be turned off.

After all, it is the ultimate big boss, and this privilege is still there.

An executive who just spoke also took the initiative to stop speaking first. Luo Sheng took out his mobile phone and glanced at the caller ID, and it was Zhong Yuanhong's phone number.

Luo Sheng answered the phone, and everyone in the meeting didn't know who he was in contact with, but they noticed that Luo Sheng's expression suddenly lifted for a while.

"Well, got it, okay, okay, OK, great."

Luo Sheng hung up the phone quickly, and suddenly shook his spirits. Zhang Bowen, who was sitting in the second-in-command position, smiled and said, "Mr. Luo, it seems that there is good news."

Just now, Zhong Yuanhong called and said that the State-owned Assets Supervision and Administration Office would provide an astronomical figure of 80 billion US dollars. At the same time, the five major banks would also raise 356 billion yuan, or about 52.2 billion US dollars in low-interest loans to Bluestar Technology Group.

Luo Sheng glanced at Lao Zhang, then looked around the executives attending the meeting, and said without hesitation on the spot: "I decided to propose to the board of directors that the group company will formulate a $135 billion BTC stock repurchase plan."

Proposal to the board of directors is just a process. Luo Sheng has decided that the proposal will definitely be passed, because he holds more than half of the nomination rights of the board of directors.

"what?"

As soon as this remark came out, the senior executives at the core level such as Lao Zhang were collectively shocked.

Zhang Bowen said stunned: "Mr. Luo, the $135 billion repurchase plan, this, this... Are you sure?"

Luo Sheng said with certainty, "I'm sure!"

Everyone was stunned again, and Lao Zhang couldn't help asking: "My God, why is this?"

Hearing this, Luo Sheng said with a smile: "Give Wall Street a reason to demand debt from me, don't break the casserole and ask to the end, keep a sense of mystery and anticipation, then you will understand, we will give Wall Street a surprise, It's up to them whether they want it or not."

Everyone looked at each other in dismay. Obviously, the big boss was selling out. Although he didn't know what medicine was sold in this gourd, it was very exciting and crazy no matter how he looked at it.

It's crazy. The executives present have followed Luo Sheng for so many years, and they have seen a lot of strong winds and waves. I haven't seen any scenes, but at this time, I couldn't help but my heart was pounding.

It's literally dancing on the tip of a knife.

Once $135 billion is invested in the stock market and Wall Street is pressing for debt at this time, after the remaining cash reserves pay off the debt, either layoffs or reductions in R\u0026D investment, or the company will face the crisis of a broken capital chain.

"Just do it. You have full authority to formulate the old Zhang repurchase plan and report directly to me."

...

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