Global Monopoly of Technology

Chapter 504: [Seven major sovereign funds are subscribing, is it going to be listed in Hong Kong? 】

With the end of the dialogue forum, major media also began to report, but the hottest thing on the Internet is the various golden sentences that Luo Sheng burst out at today ’s summit. Come from the army.

However, when these topics were hotly discussed, Luo Sheng had already been invited to a dinner party and met with a number of special characters that evening.

Dinner.

There are nine people sitting on a table, of which more than half are foreign faces, and even Arabs are listed, but even so, they still drink, which is not the Middle East world.

"Mr. Luo, let me introduce you ..." The host's chief executive officer of the Hong Kong Securities Regulatory Commission introduced Luo Sheng one by one with strange faces, and he was quite attentive, and he already guessed something Not surprisingly, these people should be big buyers of Blue Star Technology going public in Hong Kong.

The first person to be introduced is the head of the Norwegian Global Pension Fund, which is currently the world's largest sovereign fund with total assets of US $ 785.2 billion, equivalent to 1.52 times the country's GDP. The fund's funding comes from oil and gas All the industry's income, 60% of the fund's assets are invested in stocks, and the rest is used to buy government bonds and real estate.

The second is the Sauter sovereign fund, with a total value of 675.8 billion U.S. dollars, equivalent to 94% of the country's GDP. The main source of funding is oil export revenue. The fund's investment strategy and asset composition have not been announced.

The third is the Abu Dhabi Sovereign Fund, with a total value of 627 billion U.S. dollars, equivalent to 2.53 times the country's GDP. The fund can receive a 70% annual budget surplus and the national oil monopoly giant Abu Dhabi National Petroleum Corporation's dividend. Fund 75 More than% of assets are handled by foreign investment funds, which are mainly invested in the stocks of companies in developed countries and US Treasuries.

The fourth is the Kuwaiti sovereign fund, with a total value of 386 billion U.S. dollars, equivalent to 2.09 times the country's GDP, and the fund can obtain about 10% of the national income every year. The shares of Daimler, British Petroleum and Bank of America Merrill Lynch Financial Management are important investment projects of the fund.

The fifth is the Hong Kong Monetary Authority, with a total of US $ 326.7 billion, equivalent to 1.24 times the region's GDP.

The sixth is Singapore's Temasek Holdings Co., Ltd., with a total of US $ 173.3 billion, equivalent to 63% of the country's GDP. At present, more than 70% of the company's assets are invested in companies in the Asia-Pacific region, mainly financial and transportation companies.

The seventh is the Singapore Government Investment Corporation, with a total of US $ 285 billion, equivalent to 1.03 times the country's GDP. The company's funds are mainly invested in real estate and infrastructure and stocks.

With the introduction, Luo Sheng lamented in his heart whether the country has a wrist or not. It can also be seen that there must be a lot of effort behind the scenes to get the world's top seven sovereign funds.

It can be seen that the country's successful listing in Hong Kong for Bluestar Technology is truly a **** rhythm. Before this, no private company has been able to enjoy this treatment.

However, this time there is no participation of domestic sovereign funds, such as the National Social Security Fund and the State Administration of Foreign Exchange, in fact, they really want to participate in sharing this grand feast.

However, it was rejected because the State-owned Assets Management Office is already the largest shareholder of Bluestar Technology. It currently holds 25% of the shares, sold 3% of the shares some time ago, and cashed out $ 24.9 billion.

At the same time, it can't be ignored that the country has made so much effort because it is the largest shareholder of Bluestar Technology.

Obviously, Wall Street once held more than 65% of Bluestar's shares, but now it is less than 20%. After Bluestar completes its listing in Hong Kong at the same time, Wall Street's influence will also be much worse than before.

At the end, the Chief Executive Officer of the Hong Kong Securities Regulatory Commission laughed: "Hong Kong stocks after the restructuring will support the requirements of different rights in the same shares. Blue Star Technology went public in Hong Kong and IPOs. These seven sovereign funds are settled and will subscribe for the total amount. The $ 24.5 billion raised, excluding the subscription amount of other subscription accounts and retail investors, has already set a new record for IPO. At the same time, the seven major sovereign funds have promised to buy an additional 1% of the BTC inventory from your company. Long-term holdings to ease your company's debt burden. "

This is equivalent to an average of 3.5 billion US dollars of subscription funds for each of the seven major sovereign funds. At the same time, they bought 1% of shares to hold. Here, each of the sovereign funds will pay 8.3 billion dollars, for a total of each sovereign fund. That's $ 11.8 billion.

The IPO subscription amount plus the amount of treasury shares purchased, the seven major sovereign funds will bring a total of $ 82.6 billion in cash flow to Bluestar Technology, which is undoubtedly an astronomical figure.

Once this money is received, Luo Sheng can basically conclude that he does not need his family fund to come forward, and can continue to hide and solve the current funding problem of Blue Star Technology.

With this money, Bluestar's book cash will approach the terrorist scale of 300 billion U.S. dollars, and its debt level will drop directly from the high-risk area to the safe area.

While being able to settle debts, there is also ample liquidity to advance the three major strategies of a US $ 150 billion scientific research budget, broaden the mainland market business, and develop emerging market economies.

Luo Sheng laughed: "It's true that the company's internal IPO of Bluestar Technology in Hong Kong has already achieved results. We plan to raise $ 29.7 billion for the community. Seven major sovereign funds have already resolved $ 24.5 billion of this. Now, I am looking forward to this IPO. "

After that, everyone clink to each other.

The vice president of Norwegian Sovereign Fund said with a smile: "U.S. stocks are strong as forests and do not have scarcity. In the same type of U.S. stock companies, you can grab a lot of them. Without scarcity means that there is no premium. For U.S. stocks, there are still too few companies with strong Hong Kong stocks. Bluestar Technology Group is scarce in listing in Hong Kong. Everyone will think that this is the best in the IT sector and will swarm up ... "

It was so straightforward to say that, in fact, it was already very explicit.

Scarcity means that everyone feels that you are standing up to your flock, and it will give you a high premium, and the agency will fry you with your leeks to the sky, until your mother does n’t know you.

This is the fundamental reason why the seven major sovereign funds dared to throw 11.8 billion US dollars in subscription prices, because there are great profits.

Luo Sheng dared to pack tickets. If Bluestar Technology is listed on Big A, it may be fired to a rhythm that is not known to his mother. After the listing, the daily limit will be closed daily, and the total market value will hit RMB 12.5 trillion. It's absolutely nothing unexpected.

You know, when Bluestar Technology was fired to a high of 1.7 trillion US dollars at the time of US stocks, and it was not easy to break a 2 trillion US dollar in the big A listing of "independent market"?

Fortunately, Bluestar Technology is really unable to list on the big A, that is almost equivalent to rejecting foreign investment, because foreign investment is easy to go out and difficult, ah, foreign investment can not stand just a daily limit, just take a step back and say that even Luo Sheng can Expressing dread, even if the stock **** Buffett goes, he has to lose the rhythm of the bottom pants.

For Big A, we still have to be in awe.

It is not good for Bluestar Technology to sit on the Hong Kong stock market and protect the financial stability of the country while facing the world.

The banquet reached a consensus on the general direction of Blue Star's listing in Hong Kong. The specific IPO prospectus was either listed in the second half of this year or early next year. During this period, these internal information is limited to them and will not be external. spread.

After all, as long as there is uncertainty before the IPO, these sovereign funds are not stupid. It would be a loss to push up the blue star technology's stock price through early leaks. This involves a huge amount of $ 11.8 billion. transaction.

...

The next day.

Luo Sheng continued to brag about the industry with the industry leaders at the IT summit. The summit exchange will not end until tomorrow, but his schedule for Pengcheng will end today, and he will directly take his own plane home in the afternoon.

At the same time, Qin Weimu arranged a subordinate named Cao Yi to contact the headline founder Zhang Yiming as VC.

Cao Yi went to perform this investment task as the general manager of Anaheim Asia Technology Venture Capital in North America. Anyway, the behind-the-scenes leaders arranged the task this way.

...

Capital ~ www.wuxiaspot.com ~ In a commercial car, Cao Yi ’s assistant and secretary entered the car and handed a document to his boss: “General Manager Cao, information about Zhang Yiming, we have completed a comprehensive research and evaluation Now, this is his evaluation report. "

Cao Yi took it and asked, "How to evaluate?"

Assistant: "From one year after he started 99.com, the data has jumped to the top of the real estate mobile terminal in one year. All the way, Zhang Yiming can continue to improve in the areas that he is good at, and he has always maintained his advantage. In the areas that he is not good at, slow Slow improvement. In addition, he is very stubborn. The difference between each board of directors will ultimately be decided by him. Regardless of success or failure, he will re-examine and accumulate lessons through introspection. This makes his judgment more accurate than ever. Getting wider. "

At the same time, Cao Yi, who browsed the report, murmured to himself: "Is this the vision of the headquarters. It seems that Zhang Yiming's person wants to be a big company in a big industry. He has always dreamed of it ... go To meet this entrepreneur. "

Cao Yi closed the materials and immediately instructed the driver to drive to the current office address of Toutiao today.

...

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