<h4>Chapter 1537: Chapter 1380: Financing 30 Billion (Please Subscribe!)</h4><h4></h4>
With a goal set.
Pan Yue felt a surge of warmth in his heart.
"When we get back, let’s have Sky Eye produce aprehensive feasibility report and a business establishment n. Your past experience was only in distribution, which is less challenging in terms of management, but from now on, you should prepare for a busier schedule,"
Tang Qing kindly reminded him.
Pan Yue nodded.
"I understand, I will work hard to learn. With Jiaojiao by my side, there won’t be any problems," he said.
"Pan, just don’t poach my president," Tang Qing said with a smile.
"Haha, don’t worry, I am also quite capable," Pan Yueughed heartily. He actually had no intention of letting his wife join hispany. She was doing well at Sky Eye, with stable wages, and could also offer him strategic advice.
Why would she jump ship?
That would be silly.
"Then I’ll look forward to it."
"Mm."
Dou Jiao, seeing Pan Yue’s happiness, felt happy for him too.
Just then,
"President Dou, President Pan, you’re both here too," a familiar voice called out not far away. Liu Qian came over with a full smile on his face, quickening his pace to show his respect.
"President Liu."
"President Liu."
"Uncle Liu."
Hearing Tang Qing call him Uncle Liu,
Liu Qian’s smile grew even brighter. This was the Tang Qing he knew.
"What are you chatting about? You seem so happy."
"Just chatting casually."
"Then I’ll go in first, your second uncle is looking for me, we can chatter."
"Sure."
After Liu Qian left,
Tang Qing took Pan Yue for a stroll around the manor, and also showed them the sports car that he had designed. This model was already on sale in Myanmar, but had not yetpleted its registration procedures in Huaxia.
It could only be driven here.
After a few test drives,
"I’ve decided, I’ll buy one for Jiaojiao after it goes on sale," Pan Yue said.
Dou Jiao chuckled, "I think it’s you who wants to drive it."
"Hehe, a little, Jiaojiao, what do you think?" Pan Yue indeed liked it, mainly because it was not expensive. Compared to others starting at three to five million, this one was just over a million, definitely a bargain.
"Okay."
Dou Jiao admitted, the car did look good.
...
For the next two days,
Tang Qing was also busy.
He made a visit to Sheng Tang Group and Tianyan Group, checked out the construction of Hummingbird Commerce & Transportation Group’s headquarters, essentially making rounds to all his enterprises in Qingyan City to send greetings and New Year’s wishes.
Done.
Work finished.
Just waiting for Chinese New Year.
However,
Before the Chinese New Year, there was one important matter—Comet Group’s going public. ording to the original n, Comet Group would be officially listed on the Hong Kong Stock Exchange on the morning of February 1st.
The original n for financing was 26 billion RMB.
With a total issue of 1.3 billion stocks.
Based on the exchange rate between the Hong Kong Dor and RMB, the issue price per share was 21.53 Hong Kong Dors.
In reality,
Due to an over-allotment option of 5%, the scale of the financing increased to 30 billion RMB, surpassing even Ali’s financing scale, and the over-allotment reflected the enthusiasm of investors.
Over-allotment.
This means that the 20% of stocks initially allocated to securities brokers were oversold, and everyone was scrambling to acquire them. Thus, ording to an agreement, securities brokers had the right to increase the number of shares listed on the stock market within the limits permitted by thepany.
Despite this,
Tang Qing still held slightly more than 50% of Comet Group’s shares, making him the major shareholder with absolute control, while Chai Ren and Zheng Lin each had only about 10% left.
Of course,
This ratio didn’t really mean much.
The two were just getting their pay.
To safeguard thepany.
Without any interest in meddling with the group’s power.
...
January 31st Evening.
Manor.
Second floor.
In Tang Qing’s dedicated study, the other two major shareholders of the Comet Group were ’hanging’ on the wall. Thepany was going public tomorrow, and they were a bit sleepless tonight, insisting on having a chat with Tang Qing.
Tang Qing was speechless.
Going public.
Was it worth getting so excited about?
"It’s worth several tens of billions, how can we not be excited?"
Seeing Tang Qing’s ’are you guys serious?’ expression, Chai Ren smiled bitterly. Thirty billion RMB was already in the securities brokers’ ounts, and after deducting service charges, it would be transferred to thepany’s ount before Chinese New Year.
As there was no worry about selling out,
the securities brokers all offered big discounts.
The total financing cost was kept under three billion RMB, nearly one percent of the financing amount,pared to an average of ten percent for IPO financing costs, this was unbelievably low.
My God.
Such a lot of money.
Although he was used to grand scenes, the thought of several tens of billions lying in thepany’s bank ount made Tang Qing think that probably only Qingyuan Technology under his name could boast such swagger. It’s amazing how Tang Qing wasn’t the slightest bit excited; how big was his heart, exactly?
"Don’t get too excited, we’re just getting started," Tang Qing said calmly with a smile.
"So looking forward to it."
Chai Ren rubbed his hands together eagerly.
For this IPO, he too had prepared arge amount of money, but he didn’t get much in the primary market because it had sold out, so he could only wait to buy on the market after it went public tomorrow.
To make a quick buck.
He wouldn’t forget what Tang Qing told himst time, that Comet Group would grow to be apany with a market value exceeding two hundred billion USD within five years. Nowhere near there yet, there’s still tenfold growth potential.
Crazy.
That was Chai Ren’s assessment of Tang Qing.
And of himself, for he actually believed it.
"What do you reckon it’ll close at tomorrow?" Zheng Lin asked.
"At least twenty-five," Chai Ren guessed.
"Just twenty-five?"
"Isn’t it nice to leave yourself something to look forward to? If it surpasses that, wouldn’t it be a nice surprise? Though, I fear it won’t reach it." Chai Ren said this, but he didn’t believe it would be lower than that; an oversubscription already indicated the market’s enthusiasm.
He’d heard it.
Lots of people are nning toe in for a quick y.
Comet Group operates well, with stable earnings and a promising future, especially now during the global financial crisis, lots of capital that has made losses is looking to recoup some of it.
Investing in Comet Group.
Investing in Tang Qing.
Seems like a pretty good choice.
Listening to the two’s discussion, Tang Qing just smiled without saying a word. Twenty-five, not even twenty percent of the increase, how is that possible? Even without the fighters getting involved, it won’t be just that.
Let alone Chai Ren and his second-generation friends.
His own uncle.
The uncle’s bunch of friends.
Ge Feng.
Mu Jian.
Ayman.
Maruyama Takeshi.
...
Domestic and international people and families who trust him, along with arge number of tycoons he met at Davos, even if an individual doesn’t buy much, when summed together, it’s quite a considerable number.
Half an hourter.
"Can’t sleep, fancy a game?" said Chai Ren, his throat dry from talking, ready to let actions speak.
Zheng Lin was also sleepless: "Sure."
"Herees the money again."
Tang Qing cheerfully agreed. Lin Jiaxue was staying at her family’s home tonight, he was alone. It had been more than two years since he’d slept and it didn’t bother him. For the next two hours, they yed "Warfire."
Tang Qing was ying.
The other two were still donating money.
This hallmark ERV game, they still couldn’t get enough of, since there were new maps every week. Not ying for a month made them feel like they were just giving away money on those new maps.
But it was all just for fun.
They weren’t short on cash.