Tao Liangchen

Chapter 448 Five Percent

In the financial game of the past two years, many problems were exposed.

Although the exchange rate was preserved, the stock market and the real estate market both suffered, and it will be difficult to recover for a while. Many Hong Kong citizens who bought houses at high prices have already defaulted on their mortgages. There are also many people who have lost their jobs and lost money in the stock market. A large number of middle-class people have regressed instead of progressing.

Although the real estate market and the stock market did have bubbles, if they hadn't encountered the financial crisis, there would have been a chance to slowly digest them. At least the situation wouldn't be so serious, with feathers all over the ground.

In addition, the British who intervened before have left for more than a year, and it is indeed time to consider the future.

It is true that Su Yehao rarely personally intervened in the management of the company, but he reads the newspaper every morning.

He can often receive the latest information from securities firms, consulting companies, and assistant think tanks. He supports a professional financial analysis team with high salaries, so they always have to do something practical. He has a good understanding of the situation in key regions and industries.

After listening to Vice President Zheng Yongwen, Su Yehao keenly realized that this might be a rare opportunity.

The current Hong Kong Stock Exchange is not perfect. There are only more than 500 listed companies in it. Once several financial institutions are integrated, and it happens to be in a trough recently, there is a high probability that he can make a fortune from it.

As for how much he can earn, he actually has no idea, but that's what makes it more interesting to him.

In addition to the profit from investment, the most important thing is that as long as he joins the board of directors of the Hong Kong Stock Exchange, he will have the opportunity to provide some suggestions for future development.

He certainly has his own selfish motives.

For example, at this moment, Su Yehao is planning that he might be able to bring mainland Internet companies to the Hong Kong Stock Exchange for listing.

There are many benefits.

First, it can enhance the status of the Hong Kong Stock Exchange. If he becomes a shareholder, it will inevitably stimulate the stock price to rise in the future, and he can profit from it.

Second, bringing mainland Internet companies to Hong Kong for listing will also give him a chance to guide mainland investors to invest, so as to avoid them clamoring all day long that the profits are being earned by foreigners, and good companies are running to the United States for listing.

Third, it can improve his own status, making it easier for him to draw big cakes for others through KOKO Venture Capital and other companies, and increase his say.

Su Yehao only wants to eat a portion of such a large cake from beginning to end. The market is too large, and trying to eat it all by himself is easy to choke on.

Considering that mainland high-tech enterprises are just starting out, and a batch of high-quality enterprises will emerge in the future, if the listing threshold is lowered to about the same level as Nasdaq, and a financing trading platform is set up, it may become second only to Nasdaq.

It's not easy to do at other times, but the Internet bubble is coming, which means there are a few years to prepare slowly...

Unconsciously, he has learned to think about problems from the perspective of a big businessman.

After pausing for a few seconds to sort out his thoughts, Su Yehao decisively came to the conclusion that he could give it a try. Standing next to Zheng Yongwen, he asked, "The Hong Kong Stock Exchange is such a big piece of fat, but why did you come to me?"

"Because you have money." Vice President Zheng Yongwen replied without thinking.

"...A very strong reason. If I only occupy a portion of the shares, I can indeed afford it. By the way, what is the approximate market value of the Hong Kong Stock Exchange itself after the merger? Also, if I participate, how many shares can I hold?"

After hearing Su Yehao's question, Zheng Yongwen was not flustered. He motioned for them to sit down at the dining table first, and smiled at Nangong Tian by the way, praising her for being beautiful.

Slowly wiping the tableware, Zheng Yongwen said:

"According to my estimation, the total market value should be between 7 billion and 10 billion Hong Kong dollars. It has been difficult to do business in the past two years, and the profits of several companies have declined seriously. According to the rumors I heard, each shareholder should hold no more than 5% of the shares. A batch of foreign securities firms and banks have expressed interest. The news has not spread yet, but it should be soon. Many people know about this, so it's not a leak."

"By the way, Young Master Su, since this is your restaurant, it's not too much to ask for the most valuable dishes, right?"

Nodding indifferently, Su Yehao didn't care about this little thing, and continued to ask, "Five percent...doesn't that mean I can hardly say anything? You just mentioned adding a few of our own people, which means you've found someone else?"

"That's for sure. There are too many wolves and not enough meat to share. If we open up financing, it is estimated that someone will directly privatize it. Limiting the share ratio is also to pursue balance."

Zheng Yongwen smiled and shook his head, then said, "I didn't expect your business to be so big. I was also surprised before I came to you, and I actually thought you were more suitable."

The so-called suitability naturally refers to entering the board of directors of the Hong Kong Stock Exchange.

When Su Yehao learned that the maximum shareholding was no more than 5%, he immediately felt a chill, and the small flame in his heart was extinguished all at once.

Even if he sneaks into the board of directors and thinks of a way to get the consent of other directors, it is still possible to set up a science and technology innovation board to provide more financing opportunities for mainland enterprises, but it is not necessary to think about it. It is too brain-consuming and will cause a lot of wrangling, and he is most afraid of trouble.

Fortunately, he doesn't necessarily have to go on stage to argue with people himself. It's okay to arrange for a representative to speak for him.

Therefore, as long as there is an opportunity to participate, Su Yehao still wants to give it a try. It's just a "small company" with a market value of one billion U.S. dollars, and the shareholding ratio is limited. Anyway, it won't cost much money.

After chatting for a few words, he ordered the dishes first.

Su Yehao temporarily ignored the little girl and said to Zheng Yongwen again, "What about you? Are you also planning to become a shareholder?"

"With my money, I can't even afford a house in Repulse Bay."

"...Then why are you so kind to tell me this news? It shouldn't have much to do with you, and it's impossible that there's a shortage of investors."

Vice President Zheng Yongwen felt that Su Yehao had so many questions at this moment, and explained with a pursed mouth:

"Actually, I was also one of those who supported the reorganization of the Hong Kong Stock Exchange at the beginning. Now I am worried that a batch of foreign capital will become shareholders. Why should we give them a chance to make money after they have ruined the Hong Kong stock market? People always have to have some backbone, so I want to increase the difficulty for them. It is better to send the opportunity to make money to you than to be divided by others."

Su Yehao was thoughtful and vaguely understood the idea of Vice President Zheng Yongwen.

Those multinational investors, relying on their wealth and influence, invest a little here and a little there, do nothing, and can still make money with money, and seize the most high-quality corporate shares.

Seriously speaking, venture capital companies seem to be the same...but it is inevitable to feel uncomfortable when one's own money is earned by outsiders.

Worried that Su Yehao would not understand his thoughts, Zheng Yongwen added:

"Some people think that introducing large multinational institutions will give the Hong Kong Stock Exchange a chance to grow bigger. This idea is a bit funny. As long as the listed companies are good enough, they will still be willing to come and invest. On the contrary, even if they are allowed to be major shareholders, they will still not bring money over. International hot money will always be profit-seeking, and all other ideas are unreliable, so I want to create a fair bidding environment and keep the shares of the Hong Kong Stock Exchange in Hong Kong."

Su Yehao felt that the taste was right, and he had the urge to give him a thumbs up. He immediately said, "Okay, I am willing to invest, and two or three hundred million U.S. dollars is not a problem, but it is best to wait a while. I don't know anything about the ways and means, and I guess I will have to ask you to help me. I am too much of a homebody, and I have neither contacts nor many friends, and I only know how to spend money."

"...Being able to spend money is also a skill. It doesn't take two or three hundred million U.S. dollars. This matter has just begun, and it is not certain whether it can be done this year. I have been a chief consultant for so long, and the most profound thing I have learned is that you can never trust the efficiency of those people."

Smiling silently, Zheng Yongwen changed the subject and asked Su Yehao, "How have you been recently? Have you been so happy to be in heaven after running into the American bull market?"

"Of course, sometimes when I open my eyes, I find that there are another three or four hundred million U.S. dollars in my account, and I don't know where to spend the money."

Su Yehao was telling the truth, looked at Zheng Yongwen, and took the opportunity to suggest, "The Nasdaq is turbulent, and I feel that it is difficult for me to grasp it with my level. I only know that there is a bubble in the stock market, and there is a constant stream of good news, so it should still rise. I'll give you some money, and we'll cooperate to play options and futures, what do you think?"

Zheng Yongwen smiled calmly: "Stock speculation is about people's hearts. I am a Hong Kong citizen, how do I know what those Americans are thinking? I advise you to stop while you can. People who chase high often don't end well..."