Chapter four hundred and fiftieth eight peace talks
Although Lin Baiyao tried his best to persuade, Yu Jingzong did not agree.
Hewang Capital focuses on VC and does not have a strong desire for the stock market. It often invests tens of millions of dollars to bet on the future rise and fall of the stock market. It is difficult for Yu Jingzong to convince his partners to agree.
Therefore, he just looked at Lin Baiyao's face, used Xingsheng's equity as collateral, and used Strewang Capital's overseas connections to help raise 50 million US dollars.
Of course, this $50 million is not interest-free, but it is much lower than the interest rate of a normal bank loan!
This is the difference between old customers and new customers, whether they have a relationship or not.
Lin Baiyao left both guests alone. After talking about favors, he started talking about business. He also proposed to ask Hewang Capital to assist the newly established Jianshi Capital in subscribing shares of companies that were about to be listed from the rice stock issuance market.
The rice stock issuance market is equivalent to the domestic primary market, but unlike the domestic new lottery model, rice stocks are subscribed.
Subscription has little to do with retail investors. 90% of IPO stocks are placed in the hands of underwriters, that is, investment banking institutions, such as Goldman Sachs and Morgan Stanley.
If you want to subscribe, you must become a client of these first-tier investment banks, and generally the amount of capital required is more than US$1 million.
But it does not mean that you can subscribe to your favorite IPO stocks by becoming a customer, because the allocation guidelines for IPO stocks are set by investment banks. When it comes to hot stocks, if there are too many people subscribing, the amount that can be given to you will be reduced.
Jianshi Capital has just been established, and even though Cynthia has some contacts in the American financial circle with her qualifications from Boston Business School, it is not enough to support a huge base of US$100 million.
Yes, $100 million.
There are cash accounts and margin accounts in the U.S. stock market. There is a big difference between the two. Simply put, the cash account has no leverage, and there are restrictions on the number of transactions, amount, and short selling. However, the margin account can carry out 1:1 financing, and can trade within the day.
Continuous operation and so on.
In other words, Lin Baiyao has 50 million U.S. dollars in cash and opens a margin account with a securities firm, and can use up to 100 million U.S. dollars for investment.
With so much money, even if only half of it was used to subscribe for IPO stocks, without the help of Hewang Capital to broker some private transactions with investment banks, I might not be able to spend it at all.
Without waiting for Yu Jingzong's feedback, Lin Baiyao made a price he couldn't refuse, saying: "Mr. Yu, I am willing to use 2% of the total profit from this investment as the FA fee of Hewang Capital. If the investment suffers a loss,
, there is also a backing of 1 million US dollars..."
Now, the legal fees, sponsor fees, intermediary fees, and public offering prospectus fees for a Mi stock listing are less than US$1 million.
Yu Jingzong really couldn't refuse this price. Lin Baiyao's request involved the company level, so it was not a personal relationship that could be settled. When talking about business, it must be like a business deal. He smiled and said: "Okay, it will also be written in the contract the day after tomorrow..."
After discussing business matters, the two of them had finished enjoying tea. Not only did Yu Jingzong not regard Lin Baiyao as an outsider, he even wanted to take him to experience the real nightlife of the capital.
Lin Baiyao declined. He was not old enough to enjoy life to the fullest. He returned to the hotel and finished explaining to Ye Xi. He was just about to fall asleep when he heard a knock on the door from outside.
Duan Zidu lived in the same room as him, and he alertly took out the dagger hidden under his pillow. At the same time, he dialed Tang Xiaoqi's cell phone next door, hung up after one ring.
"who?"
Tang Xiaoqi walked out of the room first, looked at the two people in the corridor, and said with a cold face: "What are you doing?"
"Hello, let's ask Mr. Lin to send the invitation..."
"Bring it to me and take a look."
Tang Xiaoqi stretched out his hand domineeringly.
The other person smiled and said: "We, Mr. Fu, have told us that we must hand it over to Mr. Lin personally..."
Without reaching out to hit the smiling man, Tang Xiaoqi said: "Mr. Fu? Which Mr. Fu?"
"Fu Jinglong."
Hearing that the invitation was from Fu Jinglong, Tang Xiaoqi did not dare to neglect it and said: "You guys wait!"
He turned around and knocked on the door, three long and one short.
Duanzi who was standing behind the door received the signal, opened the anti-theft lock, and opened the door.
"Mr. Lin, this is an invitation sent by Fu Jinglong." Tang Xiaoqi said.
Duanzi turned to look inside the house, and Lin Baiyao's voice reached his ears: "Let them come in."
"come in."
Duanzi got out of the way, and he and Tang Xiaoqi were on the left and right, keeping a close eye on the two of them, and being on high alert, lest the other party was a dead soldier and suddenly made a move, putting Lin Baiyao in danger.
"How did Mr. Fu know that I came to Beijing? You don't keep an eye on all the hotels every day, right?" Lin Baiyao asked with a smile.
"Mr. Fu happens to have some shares in the hotel where Mr. Lin is staying..."
This is a silent threat.
The hotel Lin Baiyao stayed in was of the same quality as the one he stayed in last time. It was also a well-known foreign luxury brand.
Fu Jinglong calmly told Lin Baiyao that the capital was his territory.
Lin Baiyao didn't bother to talk about the hotel selling employee information. It was too low-key and would not help. He took the invitation and wrote a short line of calligraphy on it with a calligraphy pen.
"Please come to the Purple Gold Hall to see me!"
Lin Baiyao put down the invitation and said with a smile: "Go back and tell Mr. Fu that I will come later."
After the two completed the task and left, Tang Xiaoqi said: "Boss, are you really going to see that scumbag?"
Lin Baiyao shrugged, not caring, and said: "Since we can't do anything to him now, we might as well listen to what he has to say. Sun Tzu said that only by knowing your opponent better can you find a way to defeat him."
"Grandson? Which grandson said that? It makes sense..."
The Zijin Hall is a revolving restaurant on the top floor of the hotel, and there are many people here. Fu Jinglong stared at the scenery outside the floor-to-ceiling glass window, his handsome face looming between light and dark, giving people a strange sense of mystery.
Lin Baiyao sat opposite him and said with a smile: "Mr. Fu is so laid-back..."
Fu Jinglong withdrew his gaze, smiled slightly, and said: "I have stolen half a day's leisure. In fact, I am the same as Mr. Lin, both of whom are working hard. I just flew back from overseas today and heard that Mr. Lin also came to Beijing from Yuezhou, so I took the liberty to invite you.
, please forgive me."
Lin Baiyao didn't have time to make excuses with him, so he went straight to the point and said: "Since we are all working hard, if Mr. Fu has any instructions, please make it clear."
Fu Jinglong smiled and said: "Mr. Lin is very happy, so I won't beat around the bush. I heard that Mr. He from Huakui Investment took an inspection team to Dongjiang?"
"Mr. Fu is well-informed..."
"It's not that I'm well-informed. Mr. He went to Dongjiang and made a big splash. I don't think I know."
Lin Baiyao smiled and said, "Mr. Fu doesn't want to gossip with me tonight, does he?"
"We can chat about gossip later. I want to ask Mr. Lin what his plans are tonight. Ning'an Technology's mobile phone has been offline. Do we have to wait for the Ministry of Information Industry to take photos?"
Lin Baiyao's heart moved, a helpless expression appeared on his face, and he said: "If you don't wait, how can I still teach the Ministry of Information Industry to do things?"
Fu Jinglong laughed loudly and said: "Of course we don't need to teach the Ministry of Information Industry how to do things, but I really can't agree with the efficiency of the Ministry of Information Industry."
Lin Bai said: "The Ministry of Information Industry needs to consider the overall situation. It is understandable that the efficiency is slower."
"Yes, it's excusable!"
Fu Jinglong said: "It's nothing more than blocking the progress of other mobile phone factories. As far as I know, some of those companies are still looking for land to build factories, some are in the process of contacting the production line, and some have only formed an empty shell and staffed
Not even in place... Mr. Lin, time is money, we are businessmen, we can’t afford to wait..."
Lin Baiyao asked, "Then, what can Mr. Fu do?"
Fu Jinglong said in one word: "The two of us joined forces to force the Ministry of Information Industry to issue mobile phone licenses in sequence according to the progress of each company, instead of eating from the same pot. We are fair in the open but partial in the dark."
Lin Baiyao said: "How could the Ministry of Information Industry be at the mercy of you and me..."