I asked you to save a bankrupt factory and you became the richest man in the world.

Chapter 363 Chapter 023-024: Where will Hillhouse Technology be listed?

"Do you think it's ridiculous?"

"Whether the Cold Country or the Sun Country wants to save the Beautiful Country?"

Gao Huaijun took a sip of the coffee in front of him with a smile, and then continued.

"More than 100 years ago, Gustave Le Pen, a Chinese national, said in a book "The Crowd"."

"Once people are in a group, their IQ will be seriously reduced."

“In order to gain recognition, individuals are willing to abandon right and wrong.”

“Exchange your IQ for a sense of belonging that makes people feel more secure.”

"Do you think it's a little ridiculous?"

Seeing Tang Ying holding her chin and looking at Gao Huaijun's pretty face seriously under the subtle morning sunlight, she nodded seriously.

"So much so that its host continues to borrow money quickly, has long-term trade deficits, currency overhang, and does not hesitate to risk extinction."

He likes talking to this girl because she is a good listener.

She found it interesting and wrote it down.

"Then there are lessons from past lives. If you don't donate money, your family will be fine. If you donate money and become rich, you will probably die."

Gao Huaijun looked into the distance with an expressionless face, quietly pretending to be cool.

“In the automotive field, it is Hillhouse that leads the way in the direction of new energy.”

"Hundred-footed insects are stiff but not dead. How can they be so easy to chicken? Just like the Ming Dynasty, even though there were problems of one kind or another, didn't they die one after another after 276 years?" Gao Huaijun said calmly. said.

"Are their thoughts the same as those of the officials in the Ming Dynasty?"

"The actual tax rate is probably lower than that of your own secretary."

"But I would rather the country be ruined and the family be destroyed than allow anyone to make corresponding changes."

"Then why did the princes and nobles of the Ming Dynasty prefer to subjugate their country rather than donate money?" Tang Ying asked.

“Think about it, it’s been so long now, have any disruptive products appeared?”

Although this level is very huge compared to the size of China, but compared to the beautiful country.

"Actually, do you feel that history is closing a loop?"

"Since I can't live happily by following you, my elder brother, then why should I follow you?"

"They clearly know that "officials and gentry not paying taxes" will lead to land annexation and an empty state, which will never lead to long-term peace and stability."

Gao Huaijun smiled slightly.

"During the Ming Dynasty, during the reign of Emperor Xizong of the Ming Dynasty, a wealthy businessman, Wu Jinbo, lent more than two million taels of silver to the court. The court not only defaulted on the loan, but also made excuses to confiscate his property for other reasons."

This means that our host has been borrowing money rapidly, has been in trade deficit for a long time, has a currency that is in excess, and is in danger of extinction.

"Family is your own little family, and the country is everyone's country. How can it be the same?"

That’s a bit much!
The total national debt of the beautiful country in 2014 was over 10 trillion U.S. dollars.

"If the general public can still be explained by their low education level and low IQ, then why are these social elites who appear to be extremely smart in the business and political circles so stupid?"

"The Buffetts of the beautiful Guohua Street later had high incomes and high IQs, but they were still obsessed with using various means to evade taxes."

"Why do the Warren Buffetts on Wall Street all have high incomes and high IQs, but they are still obsessed with tax evasion and avoidance through various means. The actual tax rate may be lower than that of their own secretaries, and they sit back and watch their country's financial situation continue to deteriorate?"

"Although even farmers know that they can't catch all the water and kill the goose to get the eggs."

"But in fact, this world is far more grassroots than you think."

What he said was a bit subversive of her outlook!

"If we look at it from the perspective of the "ruling elites" of this beautiful country, although these people enjoy the highest education, monopolize the best social resources, and hold the power of life and death, they have repeatedly failed to maintain their long-term rule. Shows astonishing stupidity.”

"In this book, he describes how the "vulgar masses" can become "blind," "fanatic," and "gullible," and how shrewd rulers can take advantage of these characteristics of the masses to consolidate their rule. ”

"For example, there was the official and gentry class of the Ming Dynasty."

"Sit back and watch as your country's financial situation continues to deteriorate."

You know, in this era, the beautiful country is at its peak, an absolute lighthouse level existence.

The pattern of today's world is that the beautiful country relies on its deep ties with major Western developed economies to form a solid interest alliance, and then work together to harvest other underdeveloped countries.

It is very safe!
"Since the Internet revolution in the 1990s, there have been no major disruptive innovations in the beautiful country. Without continuous major breakthrough innovations, there will be no ability to increase benefits. There is no ability to increase benefits. If you don’t have the ability to absolutely control and adjust the interest pattern, you will certainly lose some of your voice and leadership.”

"If you surrender to King Chuang or the Manchus and become a lackey, you may be able to continue your wealth. Why not?"

"You mean... if there is no major disruptive innovation, the beautiful country will have chickens?" Tang Ying covered her mouth and said with a smile.

So far, no country has the strength to comprehensively challenge this interest pattern.

"Just like this beautiful country."

This 'chicken' was what Gao Huaijun told her, meaning it was dead.

Of course, China is no exception.

Tang Ying, who was on the side, couldn't help but stared at Gao Huaijun who was talking slowly there with her mouth agape.

"But when the empire declines, it's easy to bury some small things with it."

Tang Ying was suddenly enlightened for a while, and then her eyes narrowed. She seemed to understand what Gao Huaijun wanted to say after laying the groundwork for so long, "Don't Hillhouse Technologies want to be listed in the beautiful country?"

"You are really willing to give up. The premium space for Meili China's concept stocks is much higher than that of other stock trading markets."

There is no doubt that the beautiful country is a larger financial market. The circulation volume is about 10 times that of China. You have heard of Chinese companies going to the beautiful country to be listed, but have you ever heard of beautiful Chinese companies going to the beautiful country to be listed?

Moreover, stocks listed in Huaguo are supervised by the China Securities Regulatory Commission, with a maximum issue price-to-earnings ratio of 23 times, which is a ceiling.

The U.S. stock market is larger. First, there is no price-to-earnings ratio limit, and second, there is no price limit limit.

It can double several times in a day, and the stocks in the Chinese stock market can rise by up to 10% in a day. No matter how much money comes in, you have to wait.

The beautiful country's market worships companies with high quality and high growth rates, and companies listed in the beautiful country have huge room for market value growth.

The US market is still the market with the highest price-to-earnings ratio in the world.

The average price-to-earnings ratio of S&P is 24 to 26 times, and the average price-to-earnings ratio of Nasdaq high-tech stocks is 30 to 40 times.

The average price-to-earnings ratio of Freeport is only 8 to 10 times. Therefore, more money can be raised in Beautiful Country at a higher price-to-earnings ratio.

The core purpose of Hillhouse Technology's listing is to raise funds. Now that the Hillhouse chip factory has been established, although it has some loan fund support, some funds still need to be prepared by Hillhouse.

After allocating this part of the funds, Hillhouse's funds are actually somewhat tight.

Coupled with the existence of Hillhouse Artificial Intelligence, Hillhouse Chip, and Hillhouse Battery, three financial beasts that have not been able to break even so far, it is difficult for Hillhouse Technology not to go public.

There is also a very big benefit of being listed, that is, you can conduct margin trading and securities lending on the market!
Although your company is not listed on the market, you can still issue bonds, like Zhongwei.

But basically it can only be released off-site.

The quantity is small and the interest is high.

Very uneconomical!

It is not easy to go public directly and neatly, and listing is one of the fastest ways to raise funds through the capital market, and it can compound interest. It will be more convenient for major shareholders like Gao Huaijun to gradually replace part of the funds.

"Every gain must come with a loss!"

"Hillhouse Technology, I dare not let this company be listed in the beautiful country and purely Western capital markets."

"If something goes wrong, I can't afford it!"

Gao Huaijun said lightly.

Even Gao Huaijun, who saw this event with his own eyes in 2019, was stunned by the big collision in 2019.

So amazing, so exciting!
Moreover, what Hillhouse is doing now also follows the trajectory of listed companies.

For example, Hillhouse is preparing to unite with a company from an island country to develop resin materials for use in chip manufacturing. This material is one of the choke materials. Hillhouse pays all the expenses and requires that a research institute must be established in the country. However, the Japanese side The company had various reasons and finally did not agree.

Finally, Zhongwei found a BJ company to restart research and development, which is currently in progress.

In order to break through a technology blockade, Hillhouse will find ways to find relevant companies to conduct research and development together. They provide money, experience, demand, and the market. Related companies will make money and grow together, and finally break the foreign technology blockade.

Let’s put it this way, every domestic component used by Hillhouse is a replica of the same thing. Behind a mobile phone, a car, thousands of parts and chips, countless companies have risen.

Hillhouse’s size is not low now!
In this era, it is already on the verge of being a powerful company in the world.

So, do you think he just builds his own cars, mobile phones, and equipment?

No, he is taking thousands of Chinese companies to break through the forefront of world technology. This is very scary, especially in the eyes of Americans. Who knows what kind of scary companies will be born among these thousands of companies? .

This beautiful country has a fragile industry, although it is hopeless.

But who knows if it will struggle to its death?
Under this premise.

If Hillhouse Technology goes public in the beautiful country, it is not asking for death.

What is it?
According to Gao Huaijun's considerations, it would be impossible to list the company directly on the beautiful country, such as Nasdaq, or directly on the main board of the New York Stock Exchange.

However, if you just scratch the surface and list on the edge of capital, especially in the radiation circle of China, then it is in line with the setting of your own safety valve.

There are still many differences between Hillhouse and Zhongwei.

Zhongwei Ren Fei's equity has been spread out, and he only holds less than 10% of the shares.

Gao Huaijun owns nearly 80% of Hillhouse's equity, and has full control over the entire company.

You know, as long as Hillhouse's equity exceeds 67%, it is a listed company, especially a rare absolute control among such large Fortune listed companies.

It has absolute control over major decisions of the enterprise, including the reorganization of capital assets, investment and financing, etc.

Therefore, under this kind of rights, the rights of many small shareholders are very small. They are only the right to participate in decision-making and provide suggestions, but not the right to make decisions.

Therefore, Hillhouse Technology, as long as it is distributed, will not exceed 10% of the equity.

Risks are within control!
"So... where is Hillhouse Technology going to be listed?" At this point, Tang Ying couldn't help but swallowed nervously.

The listing of Hillhouse Technology is a very hot topic in China's financial circle.

Many capital tycoons want to find out where Hillhouse is listed but cannot.

Although Hillhouse Technology's listing was definitely led by China Construction Investment, the lead investor took the lion's share, but there are still partners behind it!
This listing is made by the same manufacturer as Hillhouse P1, which was a big hit last year.

A proper rising star will definitely not lose money.

Therefore, many companies are very active in facing it.

Now if you can get an inside tip, you can get a red envelope worth tens of thousands of yuan, let alone become one of the partners.

"Freeport or Slope County!"

"But which one you should actually look for depends on the actual conditions!"

Gao Huaijun did not make a fuss this time, but simply said.

Since the stock trading market of beautiful countries does not participate, then the financial markets of Europe, especially those of corrupt countries, are naturally not suitable for it either.

As for the surrounding island countries and cold countries, their size is not enough for Hillhouse to be listed, and their strength is not up to par either.

The only ones left are Freeport or Slope County.

He was also helpless.

It seems that there are many choices, but in fact, there are really only a few to choose from.

"I have a request now."

"You resign from Morgan Stanley and become my special envoy for this listing. What do you think?" Gao Huaijun suddenly approached Tang Ying and smiled mysteriously.

Originally, Shang Yayan was the most suitable person to play the role of white glove.

But now that she is pregnant, it is no longer convenient for her to do such complicated work.

Gao Huaijun naturally wanted to start plan B.

Tang Ying was overjoyed when she heard Gao Huaijun's words.

She and Gao Huaijun maintained a close relationship for so long.

Now, finally, there is a chance to go one step further.

"Boss Gao, you are my brother, and I listen to my brother!" Tang Ying's face turned slightly red as she spoke.

This is a bit straightforward.

"Haha! That's feasible. It just so happens that I have a friend who sent a bunch of wild game from Africa. Come to my house and read the script. Oh no, let me give you a taste of my craftsmanship!" Gao Huaijun said with a loud laugh.

(End of this chapter)