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Rebirth: Super Banking System-Chapter 1474 - 1319: Grinning from Ear to Ear
Chapter 1474: Chapter 1319: Grinning from Ear to Ear
Hearing this,
Zhai Zhihua was overjoyed.
Going public.
Although he wouldn’t receive a cent from it, as long as Jinghua Real Estate Company developed better, that was enough. Now, having legally earned so much money for his family, he had already been praised by the family several times.
Most crucial.
Was becoming partners with Tang Qing.
Nowadays.
Tang Qing.
Represents the future and direction of Huaxia’s business. Outsiders see Tang Qing as wealthy, but insiders see that Tang Qing is preparing for big moves, which, at present, seem to be beneficial for Huaxia.
"What about the listing location? Domestic, Hong Kong, or the United States?" Zhai Zhihua asked again.
Bao Kaiyu cut in.
"Of course it’s in Hong Kong."
"What do you think?" Chai Ren turned to ask Tang Qing.
Tang Qing smiled, "Let’s go with Hong Kong. There’s no hurry, no need for a reverse merger. The U.S. is too far away, and Hong Kong is the world’s third-largest financial center. It’s quite good there."
Real Estate Company.
Tang Qing didn’t value it too much.
Moreover.
He only had 25 percent of the stocks, making him just a holding shareholder. So, whatever they wanted to do was fine. Also, after comprehensive comparison, Hong Kong indeed was the most suitable.
As for relocating to Xin’an City?
Forget it.
It’s not about looking down on it.
It’s just unnecessary.
Consider that if the company went public in Xin’an City, the money raised when returned to the country would certainly consume the local RMB reserves, which is an entirely ’useless’ act.
"I will have Sky Eye over next week," Tang Qing said.
"Good."
Zhai Zhihua responded.
Sky Eye.
In the project of enterprise services.
Includes going public.
Now, not only in Hong Kong but everywhere in the world with a stock market, Sky Eye also possesses the qualification for IPO consulting and operations, to complete these stock market listing processes for companies.
Naturally.
No need for others hands.
Even domestically.
Sky Eye has the professional credentials.
What a pity.
Domestic company listings are too slow.
And the approvals too strict.
So far, the several cases taken have not yet been completed. However, this is considered being responsible for the stock investors. Otherwise, learning from U.S. Stocks, with hundreds of listings and delistings each year, how diligent would that be.
The economy seems vibrant.
But.
How are the interests of the stock investors guaranteed?
At least.
When domestic stocks lose value,
There’s a bottom line.
If they lose too much, they just get delisted.
Not giving stock investors even the time to survive the winter in their houses, directly throwing them outside to freeze to death. Therefore, regarding Huaxia’s stock market, Tang Qing still thought there were some areas worth emulating.
That is the entry review.
It must be strict.
Xin’an City is exactly like this now.
Even more strict.
Junk enterprises and concept-money-raising businesses are not allowed to go public. Tang Qing would never, for the so-called economic vitality and financial activity, attract international capital, or create a chaotic stock market.
...
On the side.
Ma Yun listened to the entire conversation among the few people.
A company going public.
For them,
It’s as simple as drinking water. And he was witnessing the Jinghua Real Estate directors for the first time, this company, he knew, can be described in one sentence: ’only sells the expensive.’
Shopping center.
Office building.
Villa.
Luxury large-size residential housing.
In short. freeweɓnovēl.coɱ
They only make money from the wealthy.
In the industry.
They could be described as the synonym for ’arrogance’. He had long heard that Tang Qing had stocks in this company and once it went public, based on its performance and coupled with Tang Qing’s reputation, Tang Qing’s net worth would surge even higher.
"Tang Qing, after the company goes public, should we also start tapping into the low-end residential market? With the company’s reputation and your name, it’s bound to be a huge success," Bao Kaiyu asked.
"Jinghua Real Estate is positioned as high-end, and should not lower its own status," Tang Qing shook his head.
This idea.
Must be firmly suppressed.
The future.
With soaring house prices.
He refuses to take the blame.
Chai Ren agreed, "Exactly, that bit of money isn’t necessary, and it also affects Jinghua’s brand image. Moreover, I suggest that in the future we raise the minimum size for residential units from 120 to 150 square meters."
Ma Yun: "..."
The interests that other companies are coveting.
In their eyes.
Is it really just ’that bit of money’?
"I think it’s feasible, anyone who can afford a residence over 120 square meters certainly can afford 150 square meters," Zhai Zhihua nodded, accustomed to seeing villas with hundreds or even thousands of square meters.
120 square meters.
Indeed, it is too small.
"That’s good. Tang Qing, what do you think?" Bao Kaiyu said.
"Hehe, sure," Tang Qing laughed.
Why would Tang Qing object?
It’s not a big deal.
...
They chatted for over an hour.
Everyone returned home.
The next day.
Very early.
Tang Qing went with Ma Yun to the Huaxia Restaurant.
The annual meeting.
As usual, it’s in the same old place.
They arrived a bit late due to being stuck in traffic for a while. By the time they got there, most people had already arrived. Many had stayed here overnight and were now eagerly awaiting the opening ceremony.
Also.
Waiting for the big shots who were fashionably late.
As per usual.
Aside from a slew of business tycoons, there are many other heavyweight guests.
"Tang Qing is here."
"Tang Qing has arrived..."
"..."
Upon entering the conference hall.
This phrase spread quietly. Everyone present was dignified, without noisy excitement. With a turn of their heads, they saw Tang Qing and Ma Yun walking in, accompanied by the magazine publisher.
Led by the publisher.
Tang Qing made his way to the first row and sat down in front of his own name tag.
He.
This time, is one of the opening ceremony’s keynote speakers, and although he feels the opening ceremony is not very substantial, Tang Qing thought about it and even if there was a substantive speech, what of it?
At Davos.
Various topics are very grand.
However.
They are still of little use; the global economy hasn’t undergone fundamental shifts because of it, nor has the world economy improved, it’s just everyone getting together to express their own voices and views.
Rich in nutrients.
But difficult to digest, and in the end, you find that steamed buns satisfy hunger best.
Around him.
Tang Qing saw many familiar faces; some he met at last year’s annual meeting, and some he remembered from his previous life. Now, as they looked at Tang Qing, each offered a friendly smile.
For the next ten years.
In Huaxia’s business world.
They will all be major players. However, what Tang Qing wants is for them to become participants in the world economy, to expand globally while maintaining Huaxia’s economic territory.
At this moment.
There are also some smiles that make Tang Qing very uncomfortable. These smiles come from ’peers.’ The prospect of investing several tens of billions has stimulated many, who came in groups to observe.
These people wear grinning faces.
But in their hearts.
Probably... But Tang Qing doesn’t care, he’s not RMB, he doesn’t need everyone to like him. In fact, he wants these people to be angry, for anger can ignite power.
...
Soon.
The opening ceremony began.
The first to give a speech, as always, is the publisher of "Huaxia Entrepreneur" magazine. As the organizer, he first thanked the notable guests in attendance, reviewed the economy of ’07, and looked forward to ’08.
Second.
Is the president of the Economic Daily.
Tang Qing is the fourth to take the stage.
And the third.
Is the head of the State-owned Assets Supervision and Administration Commission, which manages all of Huaxia’s central enterprises.