45 billion dollars, in the current era, is a huge sum of money in a real sense.
Even for an average country, $45 billion is astronomical.
Muye technology raised 45 billion US dollars. What it wanted was not market value or concept, but 10% of its own shares. To the underwriter, the underwriter had to give Muye technology 45 billion US dollars in cash.
Even if it's not a cash dollar bill, it must be the dollar cash that can be circulated in the bank account.
Li Mu's only worry is that Hong Kong's primary market does not have such a large capacity. After all, a market is relatively saturated in most cases, and the market value of the whole market is very large. However, the new 45 billion US dollars are used to buy the original shares of Muye technology, which really requires a high market volume.
What's more, Li Mu asked that stocks should not be put into Wall Street's pocket.
This is equivalent to rejecting a large number of US funded brokers and funds.
Chen Tao's demand for Li Mu was somewhat uncertain. He hesitated for a moment and said to Li Mu, "total Li, the equivalent of HK $45 billion is no problem, but it's still a little difficult if we have to ask for us dollars."
"Mr. Chen, we are seeking to go public in order to speed up the pace of global development. The funds we have collected will be used for the investment and development of Makino technology in the world, so it must be US dollars," Li Mu said seriously
Under normal circumstances, the currency of this country will be merged by default when it is listed in any country. Because of the one country, two systems in China, Hong Kong SAR also has its own currency system. When a company goes to Hong Kong for listing and IPO in Hong Kong, it naturally defaults to trade in Hong Kong currency.
But Li Mu now knows the importance of the dollar in the process of international development.
This is one of the reasons why domestic Internet companies prefer to go to the United States for listing.
The liquidity of the US dollar is stronger. Internet enterprises have global development and global layout. If the cash in hand is US dollars, it is really convenient.
Otherwise, if it is RMB, it will be relatively difficult to operate the overseas business of Muye technology in the future, and it will not only exchange with the central bank.
Therefore, many multinational companies adopt the offshore operation mode, such as Makino technology, registering offshore companies in the Cayman Islands, holding domestic Makino technology, holding American Makino technology, and even the branches of Makino technology in the world in the future.
In this way, the domestic business of Muye technology in China can be settled in RMB directly. This is a settlement line, while the overseas business can be settled in USD. This is another settlement line. If there is more business expansion, it is imperative to add a euro settlement line. In this way, each currency market has subsidiaries of each currency Division to carry out independent operation.
If Muye technology goes public in Hong Kong and uses Hong Kong dollar for trading in the secondary market, that is, the public circulation trading market, after the official IPO, it has little to do with itself. However, if it is Hong Kong dollar that it has acquired in the primary market, it will be more or less troublesome.
For example, Muye technology will now hand over $45 billion worth of shares to Underwriters, who will sell them internally in the primary market.
So, who are the shares sold to? Most of them are other securities companies, investment institutions and investment funds.
A securities firm is equivalent to a wholesaler, such as a Hong Kong Securities Company, which has one million users. Some of the original shares he subscribes from the underwriter will be sold to his users in advance;
while investment institutions and funds are for the purpose of securities financing. If a securities fund has one hundred million dollars in hand, they will invest the one hundred million dollars in order to gain Capital has the potential to appreciate the stock, which can also give better returns to the investors of the fund, and the fund managers can also have greater gains. This kind of fund's love for the original stock goes beyond everything, identifying a company, and holding time will be very long, far beyond the ordinary retail investors.
Therefore, according to Li Mu's requirements, when the 45 billion shares are sold to these people in the primary market, they have to settle with themselves in US dollars, not in Hong Kong dollars. When they get these shares, what currency they are willing to trade in the secondary market is irrelevant to them.
Chen Tao thought for a moment and said, "Mr. Li, we can first communicate with the partners about the US dollar and see the US dollar reserves in their hands."
"If it's more Hong Kong capital, they can find a way to get us dollars. Even if there is a certain loss in the exchange rate, the value-added space of Muye technology is much greater than this loss. At present, they will naturally find a way for themselves," Li said, nodding
"It's true that now the market is very optimistic about the future of Muye technology, and the original stocks are still very attractive," Chen Tao said
Li Mu added: "45 billion US dollars is just a threshold for entry, so Mr. Chen still communicates with the cooperative securities companies and capital to prepare more funds as much as possible, because we have another new project to start recently. If the concept of this new project is out, the market value recognition of Muye Technology will be improved by another level. At that time, Muye technology will be recognized by the market It's not impossible for the market value of science and technology to exceed 500 billion. In that case, either we will use 10% to finance 50 billion US dollars, or 9% to finance 45 billion US dollars. I don't think much of shares. So if the market is rich in funds, we are willing to give more shares for more cash. "Underwriting stocks is like buying a house. If you have a million cash in hand, you can buy 125 flat when the house price is 8000, but when the house price is 10000, there is only one million flat, then you can only buy 100 flat houses.
Chen Tao asked curiously, "Mr. Li, can you give me some details about the new project you said?"
Li Mu said: "the product name is hungry. Although it will go online on taobao.com, I am going to put hungry single out to operate independently. If this concept can be done, then I will put hungry single into Muye technology to be packaged and listed together."
"Hungry?" Chen Tao asked curiously, "is it the catering industry?"
Li Mu smiled and said, "yes."
Chen Tao was puzzled.
Why is a company in the Internet industry going to do catering?
The catering industry is not easy to do
Moreover, the imagination space is really too small. Is Li Mu going to be a giant chain restaurant like McDonald's?
Chen Tao feels a little confused.
The catering industry itself is not very favored by the capital. So far, there is no listed catering enterprise in China. Except for a few familiar fast food brands, there seems to be no enterprise in the world that can take it.
Chen Tao doesn't know much about Li Mu's way of cooking, nor is Li Mu ready to reveal too much.
Hungry has been in the research and development for a long time. Now it has completed the internal test and has the foundation to go online at any time.
In addition, Yanjing district has also recruited nearly 10000 restaurants to settle in, and has trained thousands of riders in a low-key way in the whole Yanjing area. Once it is online, it will now be a pilot in Yanjing, and it will be opened one by one.
Tesla has solved the energy storage problem of lithium battery electric vehicles with a little bit of scrap technology. Now the first version of the electric vehicle has also been offline in a large domestic bicycle and moped factory.
This lithium battery electric vehicle with Tesla technology has a stable endurance of about 60 kilometers. Although the cost is not cheap, it is very cost-effective to be used as the exclusive driver of its own riders in the early stage.
The electric vehicle adopts a unique "hungry" coating, with a high degree of identification, and with customized distribution clothing, helmets and incubators, it can also play a very good promotion effect on the brand display.
Therefore, at this stage, the product is mature as a whole and can be put into actual use for "public test".
Although we haven't reached the era of mobile Internet, there is no problem in making PC first with Taobao as the platform.
Li Mu has combed the product logic for a long time. Merchants receive orders online and send orders within the fixed range of riders. Although there is no intelligent machine to ensure better real-time coordinates and information interaction, the way of sending messages is enough to let riders receive orders and send them. Now this set of mode is completely separated from the mobile Internet products It can be transplanted to PC perfectly.
Once hungry and online, a large group of lazy cancer patients who are no longer willing to go out to eat will be cultivated in big cities. By then, these users will be highly glued to the delivery platform, and they will have the flow export of delivery. By then, hungry and hungry will be the same as hungry and meituan of later generations. The core meaning is no longer a delivery product, but a food distribution platform 。
In the future, hungry and meituan will provide the country with orders in the morning of one hundred million yuan per day. The food sold through them every day may exceed one million tons per day, far more than any chain restaurant. Therefore, hungry and meituan is the largest processing food distribution platform in China, directly holding the lifeblood of all restaurants.
So, when the future generations are hungry, wameituan can make a lot of profits from the orders. For a delivery order of 100 yuan, they will make 10 yuan from the merchants, and then earn a certain distribution fee difference from the users. If this business model is implemented in the whole country or even the world, it will be another large market of hundreds of billions of dollars 。
It's just that Li Mu is not sure now. Can the model of "hungry you" become popular immediately? If it can, take it to Muye technology, and you can immediately borrow more money to go public.
Although the ecological concept of a large company can not be more than one plus one, it can be more than ten plus one and more than eleven.
That is to say, when there are already ten in the ecosystem, every time one is added, the whole will get a bigger bonus.
If you play for small companies, you may be able to play with tens of billions of market value in a few years, but if you let Makino technology play, it is likely to immediately increase the valuation from 4500 to 460 billion. In this way, if you are hungry, you will be able to finance a billion dollars of huge funds at once, and then you can go crazy all over the country or even the world It's expanding.
If the market's recognition of hungry products is not enough in this period of time, it's a bit of a loss to bring hungry products in. After all, the concept is still very valuable. In this way, we can first let Muye technology go public, put hungry products outside for independent development, grow bigger and stronger in the future, pack them together with Taobao for listing, or split them for listing by ourselves, which is very easy to achieve.