Chapter 1495

"Lead arranger?"

After hearing Steve Johnson's intention, Li Mu smiled playfully.

A moment later, Li Mu said: "Sequoia is the world's top investor in the investment field, but in the IPO underwriters, it doesn't seem to rank in the front line, does it? If Makino is looking for the right underwriters, Goldman Sachs, Credit Suisse, Citibank, Deutsche Bank and JPMorgan, they should be the best choice for cooperation. "

Steve Johnson nodded and said, "I'm not all here for Sequoia today. In fact, I'm talking to you about the lead bank today. It's HSBC."

Li Mu frowned.

"HSBC?" "How could Mr. Steve relate to a bank in Hong Kong?" asked Li Mu with a puzzled face

"Mr. Li, in fact, HSBC is a British company with its headquarters in London, but it started in Hong Kong in the early years," said Steve Johnson with a smile

"Well, I'm alone." Li Mu nodded softly and said, "what makes you strive for the qualification of IPO leader for a British company to list in the United States?"

Steve Johnson said with a smile: "first of all, I want to make a statement with President Li. Although I am a redwood employee, I am an Englishman. And now Redwood has not been an American enterprise for a long time. It is just an international enterprise that has made its fortune in the United States and is headquartered in the United States. There are a lot of old money from the United States and the United States behind redwood. To be honest, redwood is going to invest now Money, even the wealth accumulated in the era of British global colonization. "

Li Mu shrugs his shoulders and laughs at himself: "so, of the 3.3 billion US dollars you invested in pastoral technology last time, there is a good chance that the British plundered the wealth from China during the Opium War."

Steve johnso nodded very seriously and said, "it's not ruled out at all."

After all, he explained: "in fact, although the world is creating a large number of new rich people like you, to be honest, the proportion of old money in the huge capital ocean of trillions of dollars in the whole capital market may exceed your imagination. For example, for a family like Rockfeller, no one can figure out how much money they have Here we are. "

Li Mu agrees with this very much. The old aristocrats and big capitalists in Europe and the United States often create not an enterprise but a money empire. The so-called money empire is that the intangible is better than the tangible. In fact, a company does not operate, but directly or indirectly holds shares in hundreds of enterprises. Such assets can not be counted completely Whole.

At this time, Steve johnso explained: "the main reason why I am here today to win the leading bank qualification for the IPO of Muye technology for HSBC is because of the deep cooperation between Sequoia and HSBC. In recent years, the proportion of money invested by Sequoia from the HSBC Group has been growing, and HSBC has long been involved in the U.S. market, especially the stock investment market Field, we hope that Sequoia and HSBC will cooperate more and more closely. We also hope that Sequoia, HSBC and Muye technology will cooperate more and more closely. If we can achieve in-depth cooperation, there will be a huge space for common development in the future. "

As he said, Steve johnso added: "Mr. Li, you are a doer. In the future, you may create more projects and establish more enterprises, which belong to the front-end producers. Sequoia is an investment bank, which is mainly an investment project, which belongs to the capital operation in the first and middle term. HSBC mainly engages in large-scale capital operation, especially the banking and securities related businesses, which belong to the capital operation in the middle and later stages. This way As a result, the three of us can form an industrial chain. "

Steve johnso has always stressed the qualification of "leading bank", because he knows that, with the volume of Makino technology, no investment bank can afford to raise 20 billion dollars in IPO in the future, so what he wants is the "leading bank". It's like the concept of "leading investment" in investment and financing. To put it bluntly, it's to take the lead.

In any stock exchange market in the world, new shares are the object of great concern and the stock with the largest potential profit space. At the beginning of most new shares' listing, the price will enter a period of rapid growth. If investors can seize this opportunity, they will have a large number of rates to make a profit with the car.

However, the IPO of U.S. stocks is a very interesting thing. Unlike the domestic stock market, U.S. stocks basically do not give retail investors the opportunity to make new shares.

Domestic stocks rely on winning the lottery for new shares, probably depending on luck. If they do, though the number is small, they can make a small profit at least, which is the standard equalitarianism;

however, for American IPO, the stocks are sold by Underwriters with great independent decision-making power, that is to say, if the securities companies get the shares of IPO stocks, they can basically sell themselves It's up to them to decide who the majority of the stock subscription opportunities are for, to some institutions, to some stock funds, or to some big customers. All of these are decided by themselves, which means that having the underwriting right of high potential stock IPO in hand will be a good opportunity for the subordinate institutions of securities companies to make money, and also a good opportunity to maintain big customers.In particular, if an enterprise like Muye technology is highly valued all over the world, its IPO has a huge potential to rise after listing, which is worth long-term investment and long-term holding by investors. Whoever gets the stock of Muye technology's IPO will become the object that investors are chasing. Even the customers of other securities companies may be able to apply for Muye technology's stock, so as to transfer the capital Move to the account of the actual underwriter.

To put it bluntly, the underwriter is like a ticket agent. The worse the ticket is, the less interested the underwriter is. It's like an 18th line singer is going to hold a concert. In this case, the issuer of the performance requires the underwriter to help sell the ticket, even if the commission ratio is higher.

However, if the singer corresponding to the performance ticket is Jay Chou or Zhang Xueyou, it is up to the major underwriters to ask the performance issuer to help them sell tickets, even if the commission ratio is lower;

If Jay Chou is going to hold 100 concerts in the world in one year, it corresponds to 2 million tickets. If a ticket platform can win more than half of the tickets Ticket source will play a great role in promoting their platform data, brand promotion and user promotion.

It's no exaggeration to say that Muye technology can't be compared with concert tickets now. It should be compared with the railway department's train tickets during the Spring Festival.

At present, whoever has obtained the qualification of the leading bank for the IPO of Muye technology is equal to having obtained the right to sell more than half of the train tickets during the Spring Festival games, and the train ticket price will be fully market-oriented operation. As long as it can be sold out, it doesn't matter how high it is fried, which is just a bull.

Because of this, Li didn't worry about the underwriters at all. He even wanted to take the underwriter's qualification as an extra chip to exchange for greater benefits for himself.

So it's impossible for Li Mu to say anything to Steve Johnson on the spot, so he said to Steve Johnson: "Steve, to be honest, I only know business, I don't know capital. Our capital operation has a special team in charge, IPO also has a special team in charge, when, how, with whom, how to price, when to roadshow, what When it's time to ring the bell, these are not things I will worry about. If Sequoia wants to cooperate with us, then I can let the team talk to you first. "

Steve Johnson knows what has the Li Mu's way of doing things. Li Mu said that despite these things, in fact, Makino's major development strategy is almost entirely decided by Li Mu. When IPO and IPO are to be dealt with, Li Mu has the final say.

So he did not point out, but said with a smile: "in this case, we can establish a close communication mechanism, if Makino technology is ready to go public, HSBC can provide you with more favorable cooperation conditions."

Li Mu nodded and said with a smile, "there is no problem with this point. We have established deep communication. We will keep close contact with each other in the future."

Steve johnso then added: "by the way, President Li, there will be a high-end party in London some days. It's basically the typical old money in Europe and the United States. Some of the heavyweights behind HSBC and Sequoia will also attend. Besides, there will be some royal families who are not sure if you are interested?"

As soon as Li Mu heard that he was going to a party in London, he subconsciously wanted to refuse to go to the party, and he spent thousands of miles to go to the party. For people whose time is life, it's simply unreasonable.

However, on second thought, Li Mu immediately realized that as a new upstart in the capital circle, he had never set up his own social circle in the capital field with his heart. In other words, although he was already a member of the upper class society, he had never integrated into the upper class society.

On the world level, the real upper class society should be divided into three levels: the first level is the well-known high-yield class tycoons, the next level is the political leaders and political families of all countries, and the third level is the world's well-known families deeply rooted for decades or hundreds of years. They are not only rich, but also have political resources, and even have the ability to control the political pattern.

But now, at best, I have only reached the first level, and the expansion scope in the first level is not large. If I want to rise to the second level, or even the third level, I need not only strength, but also opportunity.

But now, Steve johnso's party seems to belong to the third class. For himself, it's a good opportunity to expand social circle in many dimensions.

After thinking for a while, Li Mu has made up his mind to take the time to meet at the party. Just now, Steve johnso wants to say yes. Seeing that he hasn't said anything, he reminds him: "by the way, President Li, I just invited Miss Anne Hathaway. She has promised to participate. If you can take the time out of your busy schedule, you can invite her as your female companion Company. "

Li Mu did not expect that Steve johnso had invited Anne Hathaway, but his focus was not on her, so he asked Steve johnso, "what time is it?"

"In the middle and late days of next month, the specific time will be determined in a few days."Li Mu nodded and said, "OK, I'll take part in it."