Chapter 1159 Alibaba goes public
Xu Liang can no longer remember how many times he came 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 has 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 greet 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 participating in the Alibaba IPO also included Alibaba’s shareholders and Jack Ma’s friends, who are basically bigwigs 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.
"My thoughts are with you, Mr. Xu. Everything is fine, but I feel a little regretful."
"Regret?"
"If I hadn't sold you the 10% of Alibaba shares, 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 share of equity held in 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 can understand his feelings. Under the impact of search engines, Yahoo's portal business can be called a moat, and its revenue continues 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 I 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 held 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 was defeated 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, Mr. Sun, let's go there."
"Okay."
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 a hundred 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 mutual funds listed in 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.
"If you say that, 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 Ali 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.
Looking at it, 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 of which was regarded as a model by young people, but was later discarded like a pair of shoes.
As the widely circulated 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.
Please...you...collect_6_9_书_吧 (六//九//书//吧)
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 cocktail reception?"
Qiao Yuhui looked at the man who was playing with his son with blocks and asked with a smile.
"Instead of drinking, chatting and bragging with a bunch of old men, I would rather be at home with my precious son."
After handing the child to the nanny, Xu Liang stood up.
"Why are you back so early?"
“There’s nothing big going on in the company, so I’ll be back early.
Besides, it's rare that you are in Xiangjiang. If I don't hurry up, I don't know when you will come next time. ”
Listening to the woman's complaints, Xu Liang smiled sarcastically.
He stepped forward and hugged the woman's slender waist, "As long as nothing happens, I will definitely come over."
"You also said, when there is nothing wrong. Xu's stall is getting bigger and bigger now, and you will only get busier and busier."
Xu Liang was speechless.
Although he has decentralized power as much as possible.
But the company is growing bigger and bigger, and just the documents that need to be reviewed every day take up most of the time.
In addition, he needs to come forward on major issues related to the group's strategic development.
It's definitely only getting busier.
Qiao Yuhui had no intention of embarrassing him and simply made a few complaints before changing the subject.
"Did you make a lot of money this time Alibaba went public?"
"Haha, we didn't make any money this time."
"I didn't make any money. Didn't I hear you last time that you were planning to sell part of your shares when Alibaba went public?"
"I did think so last time, but didn't Hanhua establish an S fund later?
After raising US$20 billion in funds, we transferred 20% of Alibaba's equity, which was considered a cash out.
After Alibaba's equity dilution after its listing, Hongyan's equity has been reduced to 24.8%.
Not much left. ”
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 hits the bottom before buying stocks and directly become the major shareholder of Alibaba.
When Alibaba's value is reflected, we will slowly exit.
But this time he was able to cash out, cashing out HK$24.3 billion from the Phoenix Fund.
Not only did I get back the money I invested in Ali, I also made three or four times more.
What follows is pure profit.
……
The next day soon came.
Xu Liang opened his eyes and his hands became smooth.
Qiao Yuhui, who was wearing a white floral nightgown next to her, was sleeping soundly on his arm. The thin fabric fit her skin and modified her coveted waist and hip curves.
After giving birth to her second child, she was already plump, and her career became even more exciting.
The white and delicate mountain peaks playfully jumped out of the nightgown and landed on Xu Liang's right hand.
After playing with it subconsciously, Qiao Yu would fall into a deep sleep, probably because she was too tired.
On the left, Zhang Junning was sleeping soundly while holding his left arm.
She likes sports. Although her figure is not as plump as Qiao Yuhui's, she is fit and well-proportioned, like an elegant and beautiful female leopard. When the wildness in her body blooms between the bedclothes, it often brings different feelings to Xu Liang, making him Very greedy.
By the way, Zhang Junning likes to sleep on the fruit, and Xu Liang can see it at a glance.
Yang Qi is the strongest in the morning, and Big Brother has a say in this.
After lingering on the two women for a moment, Xu Liang finally gave up.
They were also exhausted last night. If they had another battle in the morning, they probably wouldn't have to go out today.
With great willpower, he pulled out his arm.
Get dressed and go to the courtyard to practice martial arts.
I took a shower after finishing.
It was almost seven o'clock in the morning, and by the time he sat at the dining table, both women were awake.
"What are your plans today?" Xu Liang asked.
"Is something wrong?" Qiao Yu said.
Zhang Junning also looked over curiously.
"I plan to take my children for a picnic. Are you interested in going together?"
"The sun comes out in the west?" Qiao Yuhui said with a smile.
He rolled his eyes at her and said, "The children are getting older. As a father, I can't always be a hands-off shopkeeper. The relationship between father and son still needs to be maintained."
"It's rare that you still have such a heart. I don't have any important work here, just make a phone call to arrange it. Jun Ning, what about you?"
Zhang Junning said with a smile: "I came back this time to give myself a holiday."
"Okay, I'll announce the formal launch of the family picnic plan." Xu Liang said with a smile.
"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, with a small part belonging to Tai Po District.
Tai Mo Shan, also known as the "Great Smoky Mountain", is the highest mountain in Hong Kong. From the mountain, you can overlook the New Territories and Hong Kong Island.
In the severe cold temperatures in winter, frost can occasionally be seen on the ground.
The scope of Tai Mo Shan Country Park includes the mountains east of Tsuen Kam Highway, west and north of Shing Mun Country Park, starting from Tai Po in the east and along Lam Tsuen Valley in the south, including the main mountains of Tai Mo Shan, covering an area of 1,640 hectares.
Country parks are popular places for picnics and barbecues in Hong Kong.
So the mountain provides a lot of parking spaces and barbecue spots.
Xu Liang had already asked someone to step on it in advance. In order to prevent someone from occupying it in advance, he asked the bodyguard to come over yesterday.
"How is it here?"
Nearby is the lush mountain scenery, in the distance is the undulating skyline of the Hong Kong River, and even further away is the magnificent sea that connects with the sky.
Looking from a distance, my heart feels enlightened.
Qiao Yuhui wore a colorful knee-length skirt embroidered with peonies and tied around the waist, which fully showed off her plump figure.
A white knitted jacket is placed on the body, adding a bit of worldliness to the beauty.
Her long hair is casually spread around her head, and she wears a milky white wide-brimmed hat and brown women's toad glasses, which gives Qiao Yuhui her ladylike temperament.
In comparison, Zhang Junning is much simpler.
High ponytail, baseball cap, light pink Nike women's sportswear and travel shoes, focusing on a youthful and beautiful sports style.
"Wow, Dad, Mom, it's so beautiful here."
The extremely cute little girl with pigtails and a Hello Kitty coat ran out of the nanny's car.
"Yuyu, come to daddy."
Xu Liang waved.
The little girl ran over obediently, Xu Liang held her in his arms and kissed her.
The happy little girl giggled.
He and Qiao Yu will have three children.
The eldest child, Xu Wenqing, and the second child, Xu Yuyu, are twins. They were born in May 2004 and are already three years old.
I haven’t started kindergarten yet.
But it’s also time for some fun.
"Dad, I want to come down, I want to chase butterflies."
After holding her for a while, the little girl started to struggle in his arms like nougat.
Xu Liang had no choice but to let it go.
This girl has an active temperament and is mischievous all day long, like a boy.
On the contrary, he is a brother who has the same mother and has a quiet personality. He is given some toys and can play by himself for a day.
Qiao Yu would often lament that the two siblings had completely opposite personalities.
The third child of the two is just one year old now and is in Handan's toddler stage. He is chasing butterflies with his sister.
I didn't put my foot firmly on the ground, so I fell down and got chewed by a dog. I didn't cry, so I got up and continued chasing.
The laughter never stopped.
(End of chapter)