Rebirth in a Perfect Era - Chapter 1753
45 billion U.S. dollars in the current era is a truly huge sum of money.
Even for an average country, $ 45 billion can be considered astronomical.
Makino Technology raises 45 billion U.S. dollars. It is not market value or concept, but 10% of its own shares that it needs to give to the underwriters. The underwriters must give Makino Technology $ 45 billion in cash.
Even if it is not a cash bill, it must be cash in dollars in a bank account.
The only concern of Li Mu is that the primary market in Hong Kong does not have such a large throughput. After all, a market is relatively saturated in most cases. The market value of the entire market is very large, but it has spent 45 billion US dollars to buy Makino Technology. Of the original stocks, this really requires high market volume.
What’s more, Li Mu requires that stocks cannot be put into Wall Street’s pockets.
This is equivalent to rejecting a large number of US-funded securities firms and funds.
Chen Tao’s requirements for Li Mu were somewhat lacking. He hesitated for a moment and said to Li Mu, “General Manager Li, the equivalent of 45 billion US dollars in Hong Kong dollars is okay, but if you must have US dollars, there are still some difficulties.”
Li Mu said earnestly: “General Manager Chen, we seek to go public in order to accelerate the pace of globalization development. The funds we have received will be used for investment and development of Makino Technology in the world, so it must be US dollars.”
Under normal circumstances, the country’s currency is tacitly accepted by default in any country. Because of China’s one country and two systems, the Hong Kong Special Administrative Region also has its own currency system. The company goes public in Hong Kong and conducts an IPO in Hong Kong, which naturally defaults to trading in Hong Kong dollars. .
But Li Mu now knows the importance of the US dollar in the process of internationalization.
This is one of the reasons why domestic Internet companies prefer to go public in the United States.
The liquidity of the US dollar is stronger. The global development and global layout of Internet companies. If the cash in the hands is in US dollars, it is really much more convenient.
Otherwise, if it is Renminbi, it will be relatively difficult to operate Makino ’s overseas business in the future, and it will not only conduct exchange exchange settlement business with the central bank.
Therefore, many multinational companies have adopted an offshore operation model, such as Makino Technology, an offshore company registered in the Cayman Islands, holding domestic Makino technology, at the same time holding the United States, Makino Technology, and even future branches of Makino Technology in the world.
In this way, domestic Makino Technology’s domestic business can be directly settled in Renminbi, which is a settlement line, while overseas operations are unified in US dollars for settlement, which is another settlement line. If the business expansion is more More, it is imperative to add a Euro settlement line. In this way, each currency market has its own subsidiary in each currency to conduct independent operations.
If Makino Technology is listed in Hong Kong, after the official IPO, it uses Hong Kong dollar transactions in the secondary market, that is, the public circulation trading market, it has little to do with itself, but if it is Hong Kong dollars that it has acquired in the primary market, how much Somewhat troublesome.
For example, Makino Technology must first hand over $ 45 billion worth of stock to underwriters, who then sell them internally in the primary market.
So, to whom has this batch of stock been sold? Most of them are other securities firms, investment institutions and investment funds.
A broker is equivalent to a wholesaler. For example, a Hong Kong securities company has one million users. Some of the original stocks he subscribed from the underwriter will be sold to his users in advance;
The investment institutions and funds are for the purpose of securities financing. If a securities fund has US $ 100 million, for income, they will use this US $ 100 million to invest in stocks with appreciation potential, which can also give the fund Investors have better returns, and fund managers can also have greater gains. This type of fund’s love of primordial stocks surpasses everything. When a company is identified, it will hold shares for a long time, far exceeding the average retail investor.
Therefore, based on Li Mu’s requirements, when 45 billion stocks are sold to these people in the primary market, they must settle with themselves in U.S. dollars, not in Hong Kong dollars, and when they receive these stocks, they are willing to trade in the secondary market. , That has nothing to do with yourself.
Chen Tao thought for a moment, and said, “General Li, in the case of the U.S. dollar, we can first talk to our partners and see what the U.S. dollar reserves are in their hands.”
Li Mu nodded and said: “If it is mostly Hong Kong capital, then they can find ways to engage in the US dollar. Even if there is a certain loss in the exchange rate, the value-added space of Makino Technology is much larger than this loss. Much more, the interests are now, they will naturally think of ways. ”
Chen Tao said, “This is because the market is very optimistic about the prospects of Makino, and the original stock is still very attractive.”
Li Mu said: “45 billion US dollars is only a threshold for entry, so President Chen still talks with the cooperative brokers and capital and try to get more funds, because we have a new project ready to start recently. If this new project If the concept of “Makino” is launched, the market’s recognition of Makino’s market value will increase to another level. By that time, it will not be impossible for Makino’s market value to exceed 500 billion. In that case, we will use 10% to raise 50 billion US dollars. Either use 9% to raise 45 billion U.S. dollars, I do n’t pay much attention to the shares, so if the market has sufficient capital, we are willing to take out more shares in exchange for more cash. ”
Underwriting stocks is like buying a house. If you have one million cash in hand, you can buy 125 flats when the house price is 8000. But if the house price is only one million when the house price rises to 10,000, you can only buy a house of 100 flats. Already.
Chen Tao asked curiously, “General Manager Li, can you give us some details about the new project?”
Li Mu said, “Is the product name hungry? Although it will be online on Taobao, but I am going to take out the hungry alone and run it independently. If this concept can be done, then I will put the hungry into Makino. Packed together in technology and listed. ”
“Are you hungry?” Chen Tao asked curiously, “Is it the restaurant industry?”
Li Mu smiled slightly: “It’s true.”
Chen Tao was puzzled.
Why a company in the Internet industry should do catering?
The catering industry is not easy to do …
Moreover, the imagination space is really too small, is Li Mu going to be an oversized chain restaurant company like McDonald’s?
Chen Tao felt a little scratched.
The catering industry itself is not very optimistic about capital. So far, Huaxia does not have a listed catering company. Except for the few well-known fast-food brands around the world, it seems that there is nothing to sell.
Chen Tao didn’t know much about Li Mu’s catering practice, and Li Mu didn’t plan to disclose too much.
Are you hungry already in the research and development? Now it has completed the internal testing and has the foundation to go online at any time.
In addition, the Yanjing area has already recruited nearly 10,000 restaurants to settle in. At the same time, it has trained thousands of riders in a low-key manner in the entire Yanjing area. Once it is online, Yanjing will now be a pilot. Area by area.
Tesla took a little scrap technology to solve the energy storage problem of lithium battery electric vehicles. Now the first version of the hungry electric vehicle has also been rolled off the production line at a large bicycle and moped factory in China.
This lithium battery electric vehicle using Tesla technology has a stable endurance of about 60 kilometers. Although the cost is high, the exclusive vehicle used as its own rider in the early stage is still very cost-effective.
The electric car uses the unique “Hungry” coating, which is highly recognizable, and with customized distribution clothes, helmets and incubators, it can also have a very good promotion effect on the brand display.
Therefore, at this stage, the product as a whole has matured and can be put into actual use for “open beta”.
Although it is not yet in the era of mobile Internet, there is a platform like Taobao, and there is no problem in doing PC first.
In addition, Li Mu has already sorted out the product logic. Merchants take orders online and send orders within a fixed range of riders. Although there is no smart phone to ensure better real-time coordinates and information interaction, the way of sending by SMS is also Enough to allow riders to take orders and deliver, this set of models is completely stripped from mobile Internet products and can be perfectly ported to the PC.
Once you ’re hungry online, a large group of lazy cancer patients who are no longer willing to go out to eat by themselves will be cultivated in big cities. By then, these users will be highly adhered to the takeaway platform, and they will have a grasp of the takeaway traffic exit. Is it hungry, just like Hungry or Meituan in future generations, the core meaning is no longer a takeaway product, but a food distribution platform.
In future generations, are you hungry and Meituan to provide daybreak orders in the country with billions of units every day ~ www.mtlnovel.com ~ The food sold through them every day behind them may exceed one million tons per day, far more than any chain restaurant, Therefore, Hungry Me and Meituan is the largest processed food distribution platform in China, which directly captures the income-generating lifeline of all restaurants.
Therefore, after the future generations are hungry, and Meituan can make a lot of profit from the orders after expanding the market. For a 100 yuan takeaway order, they will make 10 yuan from the merchant and then from the user. Taking a certain distribution fee difference, if this business model is implemented nationally or even globally, it will be another big market of hundreds of billions of dollars.
However, Li Mu is also not sure now. Can the hungry model be fired immediately? If it can, take it to Makino Technology and immediately use the opportunity of listing to raise more money.
Although the ecological concept of a large company cannot be one plus one greater than two, it can be ten plus one greater than eleven.
In other words, when there are already ten in the ecology, each time you add one at this time, the whole will get a larger bonus.
Are you hungry? If you play for a small company, you may be able to play several tens of billions of dollars in market value in a few years, but if you let Makino play, it is likely to increase the valuation from 4500 to 460 billion immediately. Now, in proportion, if you are hungry, you will be able to raise billions of dollars of funds at once, and then you can expand crazy throughout the country and even the world.
If the market does not have enough recognition for being hungry during this time, it will be a bit of a loss to bring in the hungry. After all, the concept is still very valuable. In this case, you can first let Makino Technology go public and hungry? It can be developed independently and developed bigger and stronger in the future. It can be easily achieved by packing and listing with Taobao or by splitting and listing on its own.