Two days later, the first roadshow arrived as scheduled.
On this day, financial dia from around the world focused their attention on the reception hall on the third floor of the Tianxing Financial Building.
According to the disclosed information, a total of 2.1 billion shares will be issued across five roadshows for this IPO, with a base issue price of 251 Hong Kong Dollars per share, or 32.19 US Dollars.
The Xiangjiang Station will issue 525 million shares, expected to raise 131.7 billion Hong Kong Dollars, accounting for a quarter of the total IPO amount.
For such a large-scale company IPO, the performance of the first roadshow is absolutely crucial.
It not only concerns the pricing of the subsequent four rounds and the performance after listing but also determines the future trend of the Hong Kong stock market.
Whether it will kick off a second bull market to continue catching up with the US stocks, or disappear among the masses, becoming the ’lost prodigy’ of the Hong Kong stocks, entirely depends on today’s first roadshow performance.
"The Double Li Guo Zheng, the four major families of Xiangjiang, are all here."
"Also, the third-generation leader of the Huo family, and the fourth sister of the He family in Macau."
"Zhao Qiming from the Bank of China, He Jiafan from Standard Chartered Bank, Wenster from HSBC."
"The big shots from the Guangdong-Hong Kong-Macau region also ca, including Ping An’s Zhang Dongsheng, Huarun’s Liu Shaowei, Tencent’s Huateng."
"Xu Jiayin from Hengtai, Wang Shi from Vanke, Wang Linjian from Wanda, Huawei’s Yu Dazui, Wang Chuanfu from BYD..."
At ten in the morning, the roadshow was about to start.
Titans from various industries took the stage, leaving the journalists waiting at the entrance in awe.
Although the circle of moguls is small, cross-investnt among enterprises is common. However, the moguls themselves rarely get involved, at most sending the heads of their group’s investnt departnts.
Especially after a sumr where the pandemic did not naturally disappear like SARS did.
On the contrary, as ti entered autumn and winter, it rampaged abroad and showed signs of re-erging dostically.
"Lu Liang surely has significant influence."
One reporter casually remarked, earning the agreent of most of his colleagues, though soone countered: "It’s not just influence."
Braving the risk of infection to co here, re influence obviously doesn’t suffice; fear and respect might be more appropriate.
With so many attendees today, who ca might be unclear to Lu Liang, but who didn’t would be more noticeable.
You don’t show respect today, I won’t show you respect tomorrow; the world of business isn’t just clashes and squabbles.
"By the way, how many tis will it be oversubscribed with 16.884 billion US Dollars in financing?"
"Hard to say, given Tianxing’s valuation is a bit high."
"Even if it’s a bit high, being here already shows acknowledgnt."
"450 billion US Dollars, with Lu Liang holding 80%, it’s just absurd."
"But it should be less now, a friend said Lu Liang has allocated so shares to the company’s options pool."
"Even with allocation, after IPO share dilution, wouldn’t it still be at least 65%?"
"It should be."
This statent left everyone silent, only the sound of cara shutters clicking away.
A holding of up to 80% is absurd, but even a 65% stake is still excessive.
Once listed, a market value of 450 billion US Dollars would equate to a 65% stake of 292.5 billion US Dollars.
The value of this asset, converting to Hong Kong Dollars amounts to 2.28 trillion, converting to RMB it’s 2.04 trillion.
The world’s richest, Amazon’s Bezos, has only 140 billion US Dollars in wealth, Lu Liang’s is more than twice that.
"Can he ever spend that much money?"
Soone sourly remarked, while others nearby just smiled without replying, and seeing most guests had entered, they carried their caras to the shade to cool off, waiting for news from inside.
Once, Ma Yun said, when wealth accumulates to a certain degree, it no longer belongs to oneself, but is kept for society, to maximize the value of this wealth for society.
Though these words might sound hypocritical, they are true, yet not complete, because even while keeping it, one can still deploy and utilize it, and enjoy the status and power that wealth brings.
Because wealth does not appear out of thin air, nor is it obtained by hacking a bank to alter paraters.
Behind wealth is the labor value of countless ordinary people, and the greater the wealth owned, the greater the workforce driven.
Status and power naturally rise with the growth of wealth.
Once you understand this logic, you’ll know why the rich, despite having so much money, are still striving to earn, because they value not the money itself, but the power behind it.
anwhile, in the reception hall on the third floor of the building.
Lu Liang unhurriedly stepped onto the stage, smiling, he bowed and thanked: "Thank you all for taking the ti out of your busy schedules to attend the first roadshow of our Tianxing Finance."
"Ti flies, but I still rember the day in July ’15 when the company was founded."
"Here, I want to especially thank Mr. ng, ng Changkun of Kunpeng Quick Charge, who provided a 240-square-ter office, allowing Tianxing Finance to take root and grow..."
Upon hearing this, everyone turned to look at ng Changkun.
Those unfamiliar were searching, inquiring about this person worthy of Lu Liang’s special ntion in his roadshow speech.
Soon enough, the image of a Chaoshan native who had worked hard in Shanghai for over twenty years, gaining a ten-billion fortune, appeared in everyone’s mind.
But the ten billion was his net worth five years ago, after eting Lu Liang, ng Changkun’s wealth grew exponentially every year, now already a founder of a company valued at 56 billion Hong Kong Dollars.
Through his own experience, he presented the audience with a scene where, when one person attains enlightennt, even the chickens and dogs ascend to heaven.
Upon hearing Lu Liang’s words of gratitude and noticing the attention from the bigshots, a wave of emotion surged in ng Changkun’s heart, and he suddenly felt an urge to cry.
But when he heard Little Wang’s words, he forcefully held back his tears: "Why didn’t he ntion , do I have so little presence?"
ng Changkun rolled his eyes, read the ssage without replying.
On stage, Lu Liang’s speech continued: "Actually, three months ago, I never thought about letting the company go public because in terms of funds, resources, and market, we didn’t need to obtain them through financing or swapping thods."
"Soone even told that letting Tianxing Finance go public is a foolish act, and I also thought so at the ti. But then certain things happened that slowly changed my mind." .
"In this era, soone always has to stand up, pay so price, and make so changes."
"The financial market of East Asia, although it started relatively late compared to Western markets, has long had all the necessary conditions for independence after years of developnt across various countries."
"US stocks rise, we rise; US stocks fall, we fall. Always being led by the nose, I think it’s ti for a change."
"If East Asia had a slightly more independent market, it would be good for investors to have one more choice."
Although it was Tianxing Finance’s roadshow, Lu Liang talked a lot about the future developnt of the market, but no one felt it was off-topic.
Because no one can predict the future, but at least at this mont, Tianxing Finance and Golden Science Index are absolutely symbiotic, even more so with Hong Kong stocks.
In fact, the priority of Tianxing Finance is higher than Hong Kong stocks because if Hong Kong stocks crash, Tianxing may not necessarily crash, but if Tianxing crashes, Hong Kong stocks will definitely be dragged down.
So the better the Hong Kong stock market develops in the future, the better Tianxing Finance will develop naturally.
"What do you think of his words?"
Superman Li asked thoughtfully, inquiring his elder son Li Zheju, who smiled and said, "It’s a roadshow, it has to be like this."
"Foolish!" Superman Li rebuked sternly, clearly dissatisfied with this answer.
The second son, Li Zhikai, suddenly said: "He says that, and he’s doing that. Moreover, for him, there’s no need to show off sentintal values."
"You, you’re still not as good as your brother."
Superman Li, though gratified, felt a bit of lancholy.
The heir to the family business, his elder son couldn’t et his expectations, but it was the conflicted second son who could always guess what he was thinking.
But in general, having an outstanding son is always a good thing, after all, he doesn’t have many years left.
When he passes away, Li Zhikai will definitely return to help his brother safeguard the Li family’s legacy.
"Thank you very much for listening to my rambling for so long."
Lu Liang glanced at Wen Chao below the stage, smiled and said: "I see President Chao is about to jump with urgency, let’s talk a bit about IPO-related content then."
As soon as he finished speaking, soone in the audience jeered and said, "Mr. Lu, please say more, we’re all willing to listen."
There’s really not much to say about the IPO content, because the information that can be disclosed externally is basically available to everyone, and discussing related content is nothing more than repetitive talk.
Moreover, roadshow, as its na suggests, is about public speaking, showcasing products, promoting ideas, drawing attention from the target audience, and eventually achieving investnt goals.
To put it plainly, it’s about selling stocks. Just different from other company IPOs, they’re raising funds because they’re short on money, Tianxing Finance is not short on money, they’re going public just to go public.
With over 140 billion US Dollars cash lying on their books, expecting Lu Liang to humble himself for their funds is obviously unrealistic, so it’s better to listen to him talk about sothing else.
After all, Lu Liang is at a high position, knows things that they definitely don’t. Perhaps as he talks, they may learn about the next booming industry.
"Whether you like it or not, it is what it is."
Lu Liang smiled, ignoring so people’s pleas, and started reciting the script verbatim.
For example, the specific uses of financing funds, the group’s future developnt goals, and the tis and places of the next four roadshows.
The forty-minute speech ti quickly passed.
With Lu Liang setting down the microphone and walking off the stage, it also signaled the start of subscriptions at Xiangjiang Station.
"You all take your ti, I’ve got sothing to go take care of. When the Shanghai Station roadshow is ready, just let know."
Lu Liang went over to Wen Chao, gave a few brief instructions, and walked away, not caring whether the financing would succeed or how much funds would be frozen, appearing very carefree like a boss who leaves things to others.
Li Junwei couldn’t help but be curious: "President Chao, what has Mr. Lu been busy with lately?"
With a serious face, Wen Chao stroked his chin, analyzing: "Judging by his skin tone, Mr. Lu seems to have tanned a bit recently, so it should be outdoor-related activities."
"So?" Li Junwei was stunned.
He thought he was having auditory hallucinations, how could Lu Liang have ti to relax when the company is in the midst of such a major event like going public?
"Is there a problem?" Wen Chao raised his eyes to ask, he was slowly becoming accustod to the responsibilities he should bear, trying to reduce his reliance on Lu Liang as much as possible.
Li Junwei shook his head: "I’m heading to Modu now to prepare for the next stage of the roadshow."
Wen Chao nodded slightly, seeing Liu Mingwei coming over, he asked: "How’s it?"
Lowering his voice, Liu Mingwei said: "I just observed so large subscriptions, at least 120 billion US Dollars."
As it stands, we’re already oversubscribed by seven tis, freezing ten tis the subscription funds before closing shouldn’t be an issue.
If we can exceed ten tis, it would be a perfect score sheet.
"You go ahead and stay busy."
Wen Chao nodded, relieved yet showing a trace of seriousness in his eyes. The firr the foundational base Lu Liang leaves, the greater the pressure on him.
Anything he does wrong afterward would only be magnified infinitely.
He doesn’t hope for Lu Liang’s lifeti reputation to be ruined by selecting the group’s successor.
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