Global monopoly of technology

"I dare not give you a definite answer, but what you said, brother Luo, are quite constructive comments and suggestions, which are worthy of in-depth study."

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 that the same shares have the same rights. Bluestar Technology advocates a small number of shares to occupy control of the group company. This is the AB share system. The same shares have no rights.

And this is Luo Sheng's bottom line, so the Hong Kong Stock Exchange cannot be listed, so he can only go to North America to engage in ADR. Anyway, the depositary receipts in the United States do not involve the control of the company.

This so-called ADR is short for escrow 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 bringing its own domestic enterprises above the designated size into the stock market, Lao Mei The use of money from companies in other countries facilitates American investors to participate in foreign stock investment, and 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 for listing in the United States in 2006. Strictly speaking, Bluestar Technology is not a company listed in North America, nor is it a North American company. 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 in addition to the United States, because Bluestar Technology’s listing in North America is not a real listing, and it is not listed in China.

If the Hong Kong Stock Exchange can support the requirement of different rights in the same shares in the future, 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 the Nasdaq will be convertible.

This is the outstanding point of ADR, not only can be exchanged between depository receipts, but also with other securities. Global investors can buy Bluestar Technology's depositary receipts on North American exchanges, and they can also be in Hong Kong. The stock exchange bought Bluestar Technology stock.

At this time, the two parties were still sitting in the living room and continuing to talk about it. Zhong Yuanhong saw Luo Sheng personally brewed two and a half cups of tea, and handed one of them over.

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

Luo Sheng smiled and nodded, and said frankly: "First, although North America allows the same-share non-rights system, it does not mean that the market there allows the company's top executives to mess around. On the contrary, it has more stringent regulatory conditions. Bluestar Technology must Meet the requirements of investors in terms of finances and growth expectations. Otherwise, no matter who you are, investors will not let you get through. Although I have always emphasized that Bluestar Technology does not take profit as the first purpose, but last year net profit At 72 billion U.S. dollars, which is equivalent to more than 490 billion yuan, enterprises are gradually becoming a money-making machine 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 you want to develop, you must open up overseas emerging market countries. The development of these emerging market economic regions requires a lot of financial support. Basically no return means that the initial investment is huge. I think that the Hong Kong Stock Exchange will be listed in the hope that it can provide higher valuation and financing support. Therefore, Bluestar Technology needs to go to the Hong Kong Stock Exchange to raise funds to expand its overseas territory. "

"The most important thing is that the United States is now deliberately suppressing Bluestar Technology. North American investors will remember the successive bursts of Bluestar Technology's stock price. Although there is no airdrop agency to shoot, I think there will still be some people behind it. Our company’s current reserves of more than 200 billion US dollars are about to hit. Those airdrop agencies will definitely not remain indifferent. They are waiting, so they still need to be hard on their own. Bluestar Technology may not be able to have a higher valuation in North America in the future. After financing on the Hong Kong Stock Exchange, there will be a greater global strategic layout."

Finally, after hearing what Luo Sheng said, Zhong Yuanhong couldn't help but sigh, but for a moment he watched Luo Sheng smile and said: "Listen to you, with a helm like you sitting at the helm, I think Bluestar Technology will spend this time. There is no problem with the crisis, it is just a matter of time."

Luo Sheng said modestly: "Thank you."

Zhong Yuanhong still smiled: "I dare not pack a ticket with you about Bluestar Technology's listing in Hong Kong. Even if it can be done in the end, it will not happen overnight, and it may not even be three or five years."

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

Zhong Yuanhong added: “But if you want to borrow 350 billion yuan from the country, I don’t think it is a big problem. You can even give you a low-interest loan. The State-owned Assets Supervision and Administration Office should follow up. Even if Bluestar Technology fails to be listed on the Hong Kong Stock Exchange, From an investment perspective alone, it is also a high-quality investment."

Luo Sheng: "Really?"

Zhong Yuanhong smiled and said: "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 but laugh out of joy.

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

After a while, Zhong Yuanhong got up and smiled: "Nothing else, it's time to say goodbye. Don't worry, Brother Luo, I will contact you immediately if I have news."

Luo Sheng immediately got up and prepared to give it away, Zhong Yuanhong stopped: "This is out of the ordinary, stay for a while."

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

...

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

Luo Sheng wasn't too anxious. Even if he couldn't make it, he could still survive the crisis, but that would be a little harder, but how should he live his life?

With the passage of time, entering early April, Bluestar Technology Group, approved by Luo Sheng, wanted to officially release the 2012 Q1 financial report.

In the first quarter of 2012, the group’s total global revenue was 34.72 billion U.S. 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 U.S. dollars, and the net profit margin was only about 18%, which was almost cut in half. .

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

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

This financial report is in line with Wall Street analysts’ expectations. After the company’s release, it did not cause BTC stocks to fluctuate sharply. It did not rise or fall, but rose and fell, but the total market value remained at $370 billion. The gears fluctuate slightly.

It seems that the market value of Bluestar Technology Group has stabilized at this number. With such a large multinational technology giant, it can't fall down, but it will be difficult to rise if it is not driven by events.

In this way, it seemed to be dull and plain to June 2012, and in these two months, Luo Sheng also returned to the work of Pan Technology, mainly focusing on the Star Arrow International and the Snowman Project.

Finally, entering the middle of June, event-driven...coming.

...

Mobius Ring, the new headquarters of Bluestar Technology Group, has an internal high-level meeting room.

Luo Sheng is having a meeting with Lao Zhang and other core managers of the group company. At this moment, his private phone rang. In the meeting room, only Luo Sheng’s phone will ring, and everyone’s mobile phones are muted. The call will be turned off.

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

An executive who had just spoken also took the initiative to stop speaking. Luo Sheng took out his mobile phone and looked at the caller ID. It was Zhong Yuanhong's call.

Luo Sheng connected the phone, and everyone at the meeting didn't know who he was in contact with, but they noticed that Luo Sheng's expression suddenly boosted Pian Xi.

"Well, I see, ok, ok, ok, great."

Luo Sheng quickly hung up the phone and immediately trembled. Zhang Bowen, who was sitting in the second-in-command position, smiled and said, "Mr. Luo, there seems to be good news."

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

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

Proposing to the board of directors is just a process, Luo Sheng decided, the proposal must be absolutely passed, because he holds more than half of the nomination rights of the board.

"what?"

When this remark came out, Lao Zhang and other core executives were collectively shocked.

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

Luo Sheng said affirmatively: "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 force debts from me. Don’t break the casserole and ask the end. Keep a sense of mystery and sense of anticipation. Then you will understand that we want to give Wall Street a surprise. It depends on whether they want."

Everyone looked at each other. Obviously, the big BOSS is selling off. Although I don't know what medicine is sold in this gourd, it is very exciting and crazy.

It's crazy. The executives present have followed Luo Sheng for so many years. They have seen a lot of big winds and waves. They haven't seen any scenes, but at this time they couldn't help their hearts thumping.

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

Once $135 billion is invested in the stock market, Wall Street is pressing for debt at this time. After the remaining cash reserves are used to pay off the debt, it will either lay off employees or reduce R&D investment, otherwise the company will face a crisis of capital chain break.

"Just do that, you have full authority to draft the Lao Zhang repurchase plan and report to me directly.

...