Global monopoly of technology

With the end of the dialogue forum, major media began to report, but the hottest thing on the Internet was the various golden phrases that Luo Sheng broke at today's summit, which spread all over the Internet that day, and netizens were crazy to participate in the game. In the army.

However, when these topics were hotly discussed by the outside world, Luo Sheng had already been invited to a dinner party that evening and met with a group of special people.

Dinner.

There are nine people sitting on a table, more than half of them 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..." With a smile, the chief executive of the HK Securities Regulatory Commission of the host introduced Luo Sheng to his unfamiliar faces one by one, and he was also quite attentive and had already guessed the probabilities in his heart. , Not surprisingly, these people should all be big buyers of Bluestar Technology's listing in Hong Kong.

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

The second is the Sauter Sovereign Fund, with a total value of 675.8 billion US dollars, equivalent to 94% of the country's GDP. The main source of funds 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 of 627 billion U.S. dollars, equivalent to 2.53 times the country’s GDP. The fund can receive 70% of the annual budget surplus and dividends from the national oil monopoly giant Abu Dhabi National Oil Company. Fund 75 More than% of the assets are handled by foreign investment funds, mainly invested in the stocks of companies in developed countries and US Treasury bonds.

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

The fifth is the HK Monetary Authority, with a total of 326.7 billion US dollars, equivalent to 1.24 times the GDP of the region.

The sixth is Singapore Temasek Holdings Limited, with a total value 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 285 billion US dollars, equivalent to 1.03 times the country's GDP. The company's funds are mainly invested in real estate and infrastructure and stocks.

After the introduction, Luo Sheng secretly sighed in his heart that the country has a hand, and it can be seen that a lot of effort must be put in the background to get the world's seven sovereign funds.

It can be seen that this time the country went to Hong Kong for the smooth listing of Bluestar Technology. It is really a rhythm of escort in all aspects. Before this, no private company has ever received this treatment.

However, this time there is no domestic sovereign fund to participate. For example, the National Social Security Fund and the State Administration of Foreign Exchange also want to participate in this gluttonous feast.

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

At the same time, one thing that cannot be ignored is that the country has done so much work because it is the largest shareholder of Bluestar Technology.

Obviously, Wall Street once held more than 65% of Bluestar Technology's stock, but now it is less than 20%. In the future, after Bluestar Technology completes its listing in Hong Kong at the same time, Wall Street's influence will surely be less than before.

At the end, the chief executive of the HK Securities Regulatory Commission laughed and said: "After the restructuring, the Hong Kong stocks will support the provision of different rights on the same stock. Bluestar Technology will go public in Hong Kong and IPO. These seven sovereign funds are set by default and will subscribe for the total amount. The US$24.5 billion in raised funds, excluding the subscription amount of other subscription accounts and retail investors, has already set a new IPO record. At the same time, the seven sovereign funds promised to buy an additional 1% of the BTC treasury from your company. Long-term holding of shares to ease your company’s debt burden."

This is equivalent to the average of the seven sovereign funds each having to spend a huge amount of US$3.5 billion in subscription funds, and at the same time they buy 1% of the shares. Here, each sovereign fund will spend US$8.3 billion, and each sovereign fund will spend US$8.3 billion in total. It will cost $11.8 billion.

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

Once the money arrives, Luo Sheng can basically conclude that he doesn't need his family fund to come forward, he can continue to hide it and solve the current funding problem of Bluestar Technology.

With this money, Bluestar Technology's book cash will be close to the terrorist scale of 300 billion US dollars, and its debt level will drop directly from the high risk area to the safe area.

While having the ability to pay off debts, there is also extremely sufficient liquidity to advance the three major strategies of 150 billion US dollars in research budgets, expanding business in the mainland market, and developing emerging market economies.

Luo Sheng smiled and said: "It is true that the company has already had results on the issue of Bluestar Technology's IPO in Hong Kong. We plan to raise US$29.7 billion from the public, and the seven sovereign funds have already settled US$24.5 billion. I am looking forward to this IPO listing."

After speaking, everyone clinked glasses.

The vice president of the Norwegian Sovereign Fund said with a smile: "U.S. stocks are as strong as forests and do not have scarcity. You can grab a lot of companies of the same type in U.S. stocks, and lack of scarcity means that there is no premium. In the US stock market, there are still too few powerful companies in the Hong Kong stock market. Bluestar Technology Group's listing in Hong Kong is scarce. Everyone will think that this is the best in the IT sector, and it will be swarmed..."

This is so blunt and straightforward, in fact it is very explicit.

Scarcity means that everyone thinks that you stand out from the crowd, and you will be given a high premium. The organization will fry you with the leeks under its command until you don't even know your mother.

This is the fundamental reason why the seven major sovereign funds dared to spend $11.8 billion in subscriptions at a sky-high price, because there are big profits.

Luo Sheng dared to pack a ticket. If Bluestar Technology is listed on the Big A, it is a rhythm that may be fired until the mother does not recognize it. After the listing, the daily daily limit will be closed, and the total market value will hit RMB 12.5 trillion (2 Trillions of dollars) The above is definitely not a surprise.

You know, Bluestar Technology was once speculated to a high of US$1.7 trillion in the U.S. stock market, but wouldn't it be easy to break US$2 trillion in the "Independent Market" A listing?

Fortunately, Bluestar Technology is really unable to be listed on Big A, which is almost equivalent to rejecting foreign investment, because foreign investment is easy to come in and it is difficult to get out. Just a price limit foreign investment can not stand it. Take a step back and talk about Luo Sheng He said that he didn't dare, even if the god of stock Bafit went there, he would have to pay for the rhythm of his pants.

For big A, still have to be in awe.

Bluestar Technology sits in the Hong Kong stock market and faces the world for the country to protect the financial stability of the country. This is not good.

This dinner is considered to have reached a consensus on the general direction of Bluestar Technology’s listing in Hong Kong. The specific announcement of the prospectus and IPO listing will be either in the second half of this year or early next year. During this period, these internal news will be limited to those people and will not be external. spread.

After all, as long as the day before the IPO is listed, there may be uncertainty. These sovereign funds are not stupid. They will suffer a loss if they reveal the stock price of Bluestar Technology higher. This involves a huge amount of US$11.8 billion. transaction.

...

The next day.

Luo Sheng continued to brag with the industry leaders at the IT summit. The summit exchange meeting will not end until tomorrow, but his itinerary for Pengcheng will end today, and he will take his special plane home that afternoon.

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

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

...

capital.

In a commercial vehicle, Cao Yi’s assistant and secretary entered the vehicle and handed a document to his immediate boss: “Cao, we have completed a comprehensive research and evaluation on Zhang Yiming’s information. This is his evaluation. report."

Cao Yi took it and asked, "How do you evaluate it?"

Assistant: "Since he started working on 99fang.com, in one year, the data has become the number one real estate mobile terminal. Along the way, Zhang Yiming has been able to continue to improve in the field he is good at, and has always maintained his advantage. In the field he is not good at, slow Slowly improve. In addition, he is very stubborn. Whenever he disagrees with him on every board of directors, he finally decides. No matter success or failure, he will resume the game and accumulate experience and lessons through introspection. This makes his judgments more accurate every time. More and more expansive."

At the same time, Cao Yi, who browsed the report, muttered 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 and is his always dream... Let's go. , To meet this entrepreneur."

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

...