My 1999

Xu Liang can no longer remember how many times he has been to the Xiangjiang Securities Hall.

He remembers that the first time he participated in an IPO in Hong Kong was when Guangming Glasses was launched in 2002.

This is the first IPO project managed by Hanhua, which led to the acquisition of "Doctor Glasses", another company invested by Hanhua, and its listing in Hong Kong.

In a flash, nearly five years have passed since this incident.

The market value of Guangming Glasses has also exceeded 10 billion Hong Kong dollars.

Hanhua had only recently sold out all its shares in Bright Glass.

This single order earned the company a total of nearly 2 billion Hong Kong dollars, and the total initial investment was less than 2 million Chinese dollars.

Two hundred times return in five years.

If you pull it out, it will definitely be a star project that can be praised a lot.

After calming down his chaotic thoughts, Xu Liang got out of the car and walked towards the lounge behind the general hall of the stock exchange. Jack Ma, who had already received the news, had already come up with a large group of people.

With a thin figure and a short height, he wore an Armani haute couture suit with a big red flower on his chest and a smile on his face, like a groom about to get married.

"Mr. Xu, I've been waiting for you day and night, and finally I've got you, the big boss."

Holding the right hand that the other party extended, Xu Liang smiled.

"Today is a big day for you, Lao Ma, and Ali. No matter how busy I am, I have to take time out."

Hearing him give face like this, the smile on Jackma's face became a little brighter.

He immediately took him to meet his generals.

Cai Chongxin, Peng Lei, etc. were either reserved or excited.

To them, Xu Liang's status was much higher.

They are strong men in the eyes of ordinary people, but Xu Liang is the boss among the strong.

World-class business tycoons, legendary existences like Bill Gates and Buffett.

In addition to Alibaba’s senior executives, those who participated in the Alibaba IPO also included Alibaba’s shareholders and Jack Ma’s friends, who were basically the big guys in the Zhejiang business circle.

"Mr. Sun, I haven't seen you for a long time. Is everything okay?"

Son Zhengyi smiled and took his extended right hand.

"Thank you, Mr. Xu. I'm thinking of you. Everything is fine. I just feel a little regretful."

"regret?"

"If I hadn't sold you the 10% stake in Alibaba, I would be happier today."

Son Zhengyi said with some emotion.

Hongmeng took advantage of the Nasdaq crisis to acquire Japan's third largest portal website 'Excite' in one fell swoop.

In order to integrate the Japanese portal business, SoftBank acquired the ‘Excite’ portal business. Hongmeng only retained the search engine and took away 10% of the original Alibaba shares held by SoftBank.

Although Ali tried his best to keep the remaining 10% in subsequent rounds of financing, no matter how hard he tried, he could not increase his equity.

Now Alibaba has become China's largest B2B and C2C company, and its B2C Tmall mall business is also progressing smoothly with the help of Taobao.

It has the potential to surpass Yihaodian and become the largest e-commerce company in China.

Therefore, it is also welcomed by capital from all walks of life.

Alibaba’s listing this time is evidenced by the fact that its public offering of equity exceeded its quota by nearly 30 times.

The more successful Ali became, the more painful he became.

It’s all money!

"At least SoftBank still retains 10% of its shares." Xu Liang said with a smile.

Alibaba is his favorite investment target.

I still feel quite proud when I think about it.

Son is not someone who can't let go.

"Mr. Xu's investment vision is as impressive as ever."

"Thank you, Mr. Sun."

"Mr. Xu, do you have time tonight? Let's have dinner together?" Sun Zhengyi took the opportunity to invite.

"I have an appointment tonight, and I'm afraid I can't agree to it, Mr. Sun. However, I'm going to Japan in a while, and I'll be the host and treat Mr. Sun to dinner."

Son's eyes lit up, "Mr. Xu is going to Japan?"

Xu Liang nodded.

Through this period of understanding, he has a deep understanding of Seibu Group's finance, personnel, management and other aspects.

Next it’s time to officially make adjustments.

"I'm waiting for Mr. Xu's call."

While the two were chatting, Ma Yun came over.

"Jerry is here."

Xu Liang quickly realized that it was Yang Zhiyuan.

"Let's go, it's rare for someone to come all the way here, let's welcome him together." Xu Liang said with a smile.

Since Yahoo exchanged US$250 million plus Yahoo China for 15% of Alibaba's shares in 2005, it has become the second largest shareholder in the entire Alibaba company after Red Rock Fund.

The equity share held by Alibaba even exceeds that of the founder Jack Ma.

Now that Alibaba is listed, of course Yang Zhiyuan will come over.

When he came outside, Yang Zhiyuan, wearing a crisp suit and gold-rimmed glasses, walked quickly with his secretary and bodyguard.

You can vaguely see a hint of sadness between your eyebrows.

Xu Liang could understand his feelings. Under the impact of search engines, Yahoo's portal business could be called a moat, and its revenue continued to decline.

Although it is also trying to expand Yahoo's business segments and increase revenue through acquisitions.

But neither the search engine business nor the ‘blog park’ is ideal.

At the same time, Yahoo's market value has also fallen step by step in this "confusion". It once approached US$80 billion in 2005, and now it is only US$50 billion.

And most investment institutions around the world are not optimistic about its future.

As the founder of Yahoo, it’s strange that Yang Zhiyuan is happy now.

Seeing Xu Liang, Yang Zhiyuan looked happy and subconsciously quickened his pace.

"When we called earlier, Jack told me that you would definitely come. Now it seems that he did not lie to me."

Jack Ma next to him showed a trace of pride on his face.

The whole world knows that the famous Golden Caesar does not like to socialize. Many political and business celebrities have been unable to invite him. Now that he can invite him here, it is a clear proof of his ability and connections.

Xu Liang smiled and took the right hand he extended.

"Anyway, Hongyan is also a major shareholder of Alibaba. Lao Ma and I are also friends. If Alibaba goes public, of course I will come."

He and Yang Zhiyuan also had a honeymoon period.

Bing originally supported Yahoo to deal with Google and seize the English search market.

But as Yahoo search continues to grow and begins to rely on portals to seize the European and even global search markets, the relationship between the two parties has changed a bit.

Later, after Yahoo's defeat in China, it wanted to package Yahoo China and get some money in exchange for Alibaba's equity.

He was mercilessly attacked by the major shareholder ‘Hongyan’.

We originally planned to get 30% of the equity there, but in the end we only got half.

This incident made the relationship between the two parties deteriorate again.

However, although Hongmeng and Yahoo are already competitors, the relationship between Yang Zhiyuan and Xu Liang is still good.

Although the former is the founder of Yahoo, he does not have much equity left.

After a brief greeting, the two parties returned to the previous rest hall.

Xu Liang is undoubtedly the star among everyone.

Most people's eyes were focused on him, and the conversation revolved around him.

Jack Ma saw it, and his smile was a little forced.

After all, today is his big day, and he should be the protagonist in the spotlight.

Fortunately, this entanglement did not last long.

Peng Lei walked over in a hurry.

"Mr. Ma, we have been notified before."

Jack Ma was shocked and said quickly: "Alibaba's IPO is about to begin. Mr. Xu, Mr. Yang, and Mr. Sun, let's go there."

"OK."

Everyone came to the front.

Xu Liang declined Jack Ma's invitation to ring the bell together.

Yang Zhiyuan sat down next to him, with envy in his tone.

"Hongyan is the major shareholder of Alibaba. Now that Alibaba is listed, the public offering is overweighted by nearly 30 times. You have made a lot of money."

Xu Liang smiled and said: "Alibaba is indeed a good investment target."

"Golden Caesar is Golden Caesar. A target with a return of more than 100 times is only good. How can we mortals be embarrassed?"

"Isn't it easy to make money?"

"oh?"

Xu Liang smiled and said: "Hanhua is the most successful private equity institution in the world. Three of the top 10 matched funds on the lists of major financial magazines around the world belong to Hanhua.

If Jerry wants to make money, he can invest his money. "

"I have always been your most loyal customer of Hanhua. From 2004 to now, I have always supported you unswervingly." Yang Zhiyuan said with a smile.

"In that case, I have become your wage earner."

"Haha, should I be proud of having the world's top investment guru make money for me?"

While the two were chatting, Jack Ma's voice rang out, attracting everyone's attention.

"Gentlemen and ladies, welcome to the Alibaba Listing Conference..."

Jack Ma's eloquence is indeed outstanding, he is funny and inspiring at the same time, especially for ordinary people who don't know much about the Internet.

Seeing this, Xu Liang's eyes appeared dazed for a moment.

He seemed to have seen Jack Ma's successful learning videos on the Internet in his previous life. Each one was regarded as a model by young people, but was later discarded like a pair of shoes.

As the popular saying goes, 'Today will be cruel, tomorrow will be cruel, and the day after tomorrow will be wonderful, but most people will die tomorrow night. ’

Xu Liang's thoughts were turbulent, and he didn't come back to his senses until the sound of a gong signifying 'market opening' sounded.

Accompanied by cheers, Alibaba was listed in Xiangjiang.

The first transaction also appeared.

3 million shares, HK$24 per share.

The second one will come soon.

1 million shares, 24 Hong Kong dollars.

And then there's more.

This time Alibaba is listed with a total share capital of 5.05 billion shares, with a planned issuance of 1.05 billion shares and an additional 75 million shares over-alloted.

Of the 1.05 billion shares issued, 87.5% was part of the international placement, while the public offering to retail investors accounted for only 12.5%, or 131.25 million shares. The public offering equity exceeded the quota by nearly 30 times.

The issue price is HK$23.5, code 1688.

In other words, Alibaba’s total valuation is HK$118.675 billion.

Check out the 16-9 book bar to see the correct version!

But in just half a morning, Alibaba’s stock price had exceeded HK$26, and when the market closed in the afternoon, it had exceeded HK$30.

The overall market value also exceeds HK$150 billion.

The main reason why it is so high is that Alibaba’s listed business is not just B2B business, but almost 80% of its business, including Taobao, is on the shelves.

"Why did you come back so early and didn't go to Ali's reception party?"

Qiao Yuhui looked at the man who was playing with his son with blocks and asked with a smile.

"Instead of drinking, chatting, bragging and spanking with a bunch of old men, I would rather be at home with my precious son."

Handing the child to the nanny, Xu Liang stood up.

"Why are you back so early?"

"There's nothing important in the company, so I came back early.

Besides, it's rare for you to be in Hong Kong. If I don't seize the time, I don't know when you'll come next time."

Listening to the woman's complaints, Xu Liang smiled awkwardly.

He stepped forward and hugged the woman's slender waist, "As long as there's nothing to do, I'll definitely come more often."

"You also said that when there's nothing to do. Xu's business is getting bigger and bigger now, and you'll only get busier and busier."

Xu Liang was speechless.

Although he had delegated power as much as possible.

But the company is growing bigger and bigger, and the documents that need to be reviewed every day take up most of his time.

In addition, he needs to appear on major issues related to the strategic development of the group.

It's really getting busier and busier.

Qiao Yuhui didn't intend to embarrass him, and simply complained a few words and changed the subject.

"You made a lot of money when Alibaba went public this time, didn't you?"

"Haha, we didn't make any money this time."

"No money, didn't I hear you say last time that you were going to sell part of your shares when Alibaba went public?"

"That's what I thought last time, but didn't Hanhua set up an S fund later?

After the $20 billion fund was fully raised, we transferred 20% of Alibaba's shares into it, which was considered a cash out.

After the equity dilution after Alibaba went public, Hongyan's equity has been reduced to 24.8%.

It's not much anymore."

Alibaba's stock price is far from reaching its peak.

He is selling part of it now just to make a profit before the subprime mortgage crisis.

Wait until the subprime mortgage crisis to buy at the bottom and become a major shareholder of Alibaba directly.

When Alibaba's value is reflected, slowly withdraw.

But this time he also cashed out, cashing out 24.3 billion Hong Kong dollars from the Phoenix Fund.

Not only did he recover the money invested in Alibaba, but he also made three or four times more.

The future will be pure profit.

...

Time quickly came to the next day.

Xu Liang opened his eyes and touched the slippery.

Qiao Yuhui, who was wearing a white floral nightgown, was sleeping soundly on his arm. The thin fabric fit her skin and showed off her coveted waist and hip curves.

She was already plump, and after giving birth to her second child, her cleavage became even more attractive.

Her white and delicate peaks playfully jumped out of her nightgown and landed on Xu Liang's right hand.

He played with her subconsciously. Perhaps because she was too tired, Qiao Yuhui slept very deeply.

On the left, Zhang Junning was sleeping soundly while hugging his left arm.

She liked sports. Although her figure was not as plump as Qiao Yuhui's, she was well-proportioned, like an elegant and beautiful female leopard. When the wildness in her body bloomed in bed, it often gave Xu Liang a different feeling, making him very greedy.

By the way, Zhang Junning liked to sleep naked, and Xu Liang could see it all.

Yang energy was the strongest in the morning, and the big brother had a say in this.

After looking at the two women for a while, Xu Liang finally gave up.

They were exhausted last night. If they fought again in the morning, they probably wouldn't have to go out today.

With great willpower, he pulled out his arm.

He got dressed and went to the courtyard to practice martial arts and exercise.

He took a shower after finishing.

It was almost seven in the morning. When he sat at the dining table, the two women woke up.

"What are your plans today?" Xu Liang asked.

"Something?" Qiao Yuhui said.

Zhang Junning also looked over curiously.

"I plan to take the children to a picnic. Are you interested in going together?"

"The sun is rising from the west?" Qiao Yuhui smiled.

He rolled his eyes at her, "The children are getting older. I can't always be a hands-off boss as a father. The father-son relationship still needs to be maintained."

"It's rare that you still have this heart. I don't have any important work here. I can just make a phone call to arrange it. Junning, what about you?"

Zhang Junning smiled and said, "I came back this time to give myself a holiday."

"Well, I announce the official establishment of the family picnic plan." Xu Liang smiled.

"Where do you want to go?"

"Tai Mo Shan."

...

Tai Mo Shan is located at the junction of Tsuen Wan District and Yuen Long District in the New Territories of Hong Kong, and a small part belongs to Tai Po District.

Tai Mo Shan, also known as "Big Fog Mountain", is the highest mountain in Hong Kong, overlooking the New Territories and Hong Kong Island.

In the severe cold winter, frost can occasionally be seen on the ground.

The scope of Tai Mo Shan Country Park includes the mountains east of Route Tsuen Kam, west and north of Shing Mun Country Park, starting from Tai Po in the east and along the Lam Tsuen Valley in the south, including the main mountains of Tai Mo Shan, covering an area of ​​1,640 hectares.

The country park is a popular place for outings and barbecues in Hong Kong.

So there are many parking spaces and barbecue spots on the mountain.

Xu Liang had someone scour the spot in advance, and in order to prevent it from being occupied in advance, he asked the bodyguard to come here first yesterday.

"How is it here?"

In the near distance is the lush mountain scenery, in the distance is the undulating skyline of Hong Kong, and in the distance is the magnificent and vast sea that connects with the sky.

Looking from afar, my heart was filled with joy.

Qiao Yuhui wore a colorful, knee-length skirt embroidered with peony flowers, tied at the waist, showing her curvy figure to the fullest.

A white knitted jacket, worn on her body, added a bit of ethereal air to the beauty.

Her long hair was casually scattered behind her head, and the milky white wide-brimmed hat and brown female frog-eye glasses made Qiao Yuhui look like a noble lady.

In comparison, Zhang Junning was much simpler.

High ponytail, baseball cap, light pink Nike women's sportswear and sneakers, the main theme is a youthful and beautiful sports style.

"Wow, Dad, Mom, it's so beautiful here."

The little girl with pigtails and wearing a Hello Kitty jacket, who is extremely cute, ran down from the nanny car.

"Yuyu, come to Dad."

Xu Liang waved his hand.

The little girl ran over obediently, Xu Liang hugged her in his arms and kissed her.

The happy little girl laughed.

He and Qiao Yu will have three children.

The eldest, Xu Wenqing, and the second, Xu Yuyu, are twins. They were born in May 2004 and are already three years old.

They haven't started kindergarten yet.

But it's time to play.

"Dad, I want to get down, I want to chase butterflies."

Just after holding her for a while, the little girl struggled in his arms like a sticky candy.

Xu Liang had no choice but to let her go.

This girl is active and naughty all day long, just like a boy.

On the contrary, her brother, who is born from the same mother, is quiet and can play with toys all day long.

Qiao Yu often sighs that the temperaments of the brother and sister are completely opposite.

The third child of the two is only one year old now, and is in the stage of learning to walk in Handan. Now he is chasing butterflies with his sister.

He fell down after one step, but he didn't cry. He got up and continued to chase.

The laughter never stopped.