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526 BYD's Invitation

The gong sounded, Xiaomi's stock officially entered the market, with an IPO price of HK$17. This price is not too high or too low, and it can easily attract hot money to enter the market.

In his previous life, although Xiaomi raised $6.1 billion in listing, its stock price broke the issue price on the first day and fell to 16.6 yuan. Now, due to the strong publicity of Douyin in the early stage, Xiaomi's own performance is better than its previous life, and its stock price has been in a strong upward state.

By the end of the afternoon, the stock price rose 1.6 times, the IPO raised as much as US$7.7 billion, and Zhou Yujie's shareholding also dropped to 4.6%, because the Hong Kong stock market restriction mechanism could not be sold within half a year.

Amid cheers, Zhou Yujie and a group of people left the Hong Kong Stock Exchange.

In the car, he said to Tao Weidong beside him: "Xiaomi's stocks should be very popular recently. I'll find a way to sell them all as soon as possible."

Tao Weidong was stunned for a moment, showing a look of surprise, but the boss's order did not need to be explained, so he nodded and said softly: "No problem."

"Don't reveal the news and go out." Zhou Yujie said.

The restricted period of Hong Kong stocks is aimed at the secondary stock trading market. If the shareholder directly sells shares to other organizations or individuals, the major shareholder is not restricted, and only the controlling shareholder cannot.

The first reason for selling Xiaomi is that it can cash out more funds. Xiaomi has been listed. Even if the stock can still rise in the future, the increase will be limited. After all, it has now reached the top three in the world. How high can it be?

The second is that in the next year, Xiaomi's mobile phone business will also encounter great difficulties. The big reason is that Xiaomi pays too much attention to marketing rather than technology. This model that is very easy to play in the incremental market will not work after reaching the stock market.

Consumers began to look at real technology, which led to the decline in Xiaomi's market share, and Xiaomi's hardware ecosystem also developed unsatisfactorily, which led to the stock price in the previous life almost halved after a year or two. Although it recovered after a year or two, Zhou Yujie can also cash out now and wait until the stock price is at its lowest next year to spend half of the money to buy back the stock, so that you can earn more than 10 billion Hong Kong dollars in one go.

Another variable is that the current changes in its butterfly effect have caused Rebs to want to build cars in advance. It is easy to imagine how difficult it is to build cars. Toutiao has to deal with it with it. No one knows how Xiaomi will develop in the future. Maybe it may become a success or land. The specific situation depends on the situation one or two years later. If it is not good, the stock repurchase may be gone.

Third, Zhou Yujie still has his own ideas about the hardware and mobile phone market, especially the contract between AppTreasure and Xiaomi is about to expire, so he also wants to find a subsequent platform for this software and the foundation of Toutiao.

Tao Weidong said with some embarrassment: "Mr. Zhou, such a large amount of transactions may be difficult to hide. There will not be many people in the whole world who can take on such a large amount of stocks. We must release news to attract interested people?"

"That's right." Zhou Yujie nodded and said, "Try to try it out, investigate funds that were interested in participating in Xiaomi's financing but were not successful, or which large consortiums are constantly acquiring stocks after Xiaomi went public. If you can find a suitable person here, trade it, and if it doesn't work, release the news."

Tao Weidong hesitated, but asked: "But in your capacity, selling will definitely cause questions from possible acquirers. We need a suitable reason."

In fact, just do whatever the boss told me, but Zhou Yujie's identity is too sensitive. For a long time, Toutiao and Xiaomi have a good relationship. If you sell stocks, it may make people think that Zhou Yujie is not optimistic about Xiaomi's future. This will definitely cause questions from those who intend to take over. There is no reason to tell the past, and the other party may not take over, and even if you take over, the price may not be high.

This may also be because the boss needs to find a direct takeover, rather than wait until half a year to sell in the stock market, because playing like this in the open market will cause great fluctuations and will lose more.

Zhou Yujie said: "Just find any one, for example, the beam requires more funds, or our Toutiao is also interested in entering the mobile phone industry. As long as you believe in this thing, you can just believe it."

"Okay, I understand." Tao Weidong nodded, but he became a little confused. Is it true? Toutiao is going to prepare to enter the mobile phone industry? But at this time the market has stabilized, isn't it too late to enter again?

......

On the fourth day after Xiaomi went public, its market value exceeded HK$400 billion, and then it rose all the way, entering the threshold of US$50 billion. Rebbs himself had a net worth of more than US$15 billion, becoming one of the top super rich people in China.

Xiaomi's listing this time once again proves that the wealth generation of Hong Kong stocks is no less than that of Nasdaq. Next, today's preferred listing is currently positioned in mid-October 2018.

Just as countless people were looking forward to a new listing carnival, Zhou Yujie and a group of senior executives from Toutiao came to a factory in BYD, Shenhai City.

Mr. Wang of BYD also followed him. After meeting, he shook hands and smiled: "Mr. Zhou, welcome."

Zhou Yujie smiled and said, "Mr. Wang is polite. I have to thank BYD engineers during this period."

The infrastructure of the beam factory has just been completed, and a large number of equipment is being commissioned. Thousands of engineers and employees are starting to conduct relevant training, many of which were transferred to BYD to learn the various experiences of the OEM. At the same time, the beam prototype is also produced and debugged here. If there is any problem, everyone can participate.

In this process, BYD's resources are naturally consumed. Although the beam also costs money normally, ordinary automobile companies will not agree to cooperate in such matters.

Deputy Wang Chuan said: "This is nothing, it's just a trivial matter. Now I am also a shareholder of the beam, and you are also a shareholder of my BYD. We will naturally have to cooperate more in the future. By the way, I heard that Mr. Zhou is still acquiring BYD stocks in the Hong Kong stock market?"

"Yes, I am very optimistic about BYD's future. Now that I have some funds in my hands, I naturally have to spend them. I can't put them in the bank for interest." Zhou Yujie said with a smile.

BYD is willing to help the beam, but in fact it is because BYD is not economically beneficial now, and the beam can provide a lot of order resources, such as batteries, automotive parts, electronic products and a large number of charging piles. These may also have orders of more than 10 billion a year.

But Zhou Yujie knew that in a few years, BYD would be a catapulted aircraft and entered the top ten of the world's car companies. This top ten is not only the top ten in the market value, but a few years later, NIO is also in the top ten, but its sales are only average. BYD's sales are busy, with the number of new energy vehicles sold in the world, surpassing Tesla.

If it was that period, it would be impossible to cooperate. At the same time, it was also the period of BYD's lowest market value, with a minimum market value of only HK$130 billion. At this time, we naturally had to acquire more stocks and use leverage to acquire them. And more importantly, we became BYD's major shareholder, so we would be more comfortable in cooperation in the future.

Deputy Wang Chuan smiled and said, "Mr. Zhou, since you are so optimistic about BYD, how about joining BYD's board of directors?"
Chapter completed!
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