"I dare not give you a definite answer to this, but what you said is quite constructive opinions and suggestions, and it is worth intensively studying and discussing."

Zhong Yuanhong said this.

What the Hong Kong Stock Exchange cannot accept is the partnership system proposed by Bluestar Technology. The Hong Kong Stock Exchange requires the same share and equal rights. Bluestar Technology advocates that a small number of shares occupy control over the group company, which is the ab-share system, which means that the same share and different rights.

This is Luo Sheng's bottom line, so the Hong Kong Stock Exchange cannot be listed, so it can only go to North America to do ADR. Anyway, the village toto receipts in the United States do not involve the company's control issue.

The so-called adr is the abbreviation of custody certificates. The United States is currently the most developed country in the world with financial development, and its relevant system design is also the most advanced. In addition to including domestic enterprises above the scale in the stock market, the United States has made money from enterprises in other countries in the world and facilitated American investors to participate in foreign stock investments, and also provided financing channels for enterprises in other countries other than the United States. Morgan Bank of the United States created depositary receipts as early as 1927.

Bluestar Technology used Adr to go public in the United States in 2006. Strictly speaking, Bluestar Technology is not a company that is truly listed in North America, nor is it a North American company. It can only use Adr to trade in the North American capital market.

This is the basis for why Bluestar Technology can also be listed on the Hong Kong Stock Exchange or other exchanges in addition to the United States, because Bluestar Technology's listing in North America is not a real listing, and it is not listed in China.

If the Hong Kong Stock Exchange can support the provisions of different rights in the same shares in the future, then after Bluestar Technology completes its listing in Hong Kong, the shares listed on the Hong Kong Stock Exchange and the North American depositary shares listed on the Nasdaq will be able to convert each other.

This is the extraordinary thing about Adr. Not only can depositary receipts be exchanged, but they can also be exchanged with other securities. Investors around the world can purchase Bluestar Technology's depositary receipts on North American exchanges, and at the same time, they can also purchase Bluestar Technology's stocks on the Hong Kong Stock Exchange.

At this time, both parties were still sitting in the living room and continuing to talk about it. Zhong Yuanhong saw Luo Sheng brewing two and a half cups of full tea with his own hands and handing one of them over.

After taking a sip, Zhong Yuanhong said again: "Brother Luo, I guess you want Blue Star Technology to go public in Hong Kong. Apart from these, there should be other problems, right?"

Luo Sheng nodded with a smile and said frankly: "First, although North America allows different rights systems for the same shares, it does not mean that the market there allows senior executives to do whatever they want. Instead, it has stricter regulatory conditions. Bluestar Technology must meet the requirements of investors in terms of financial, growth expectations, etc. Otherwise, no matter who you are, investors will not let you get away with it. Although I have always emphasized that Bluestar Technology does not aim to make profits first, but its net profit last year made US$72 billion, equivalent to more than 490 billion yuan, and the company is gradually becoming a money-making machine in the financial capital market."

"Secondly, Bluestar Technology's performance growth has encountered a bottleneck. The global Internet user market has basically been divided up. If you want to develop, you must explore overseas emerging market countries. To explore these emerging market economic regions, it requires a lot of financial support. There is basically no return in the short term, which means that the initial investment is huge. I think the listing of the Hong Kong Stock Exchange is to provide higher valuation and financing support. Therefore, Bluestar Technology needs to expand its overseas territory by rushing to the Hong Kong Stock Exchange for financing."

"The most important thing is that the US is now intending to suppress Blue Star Technology. Investors in North America still remember the sudden explosion of Blue Star Technology's stock price. Although there are no airdrop institutions taking action now, I think there are still some people behind it. Assuming that the more than 200 billion US dollars of our company are almost on the verge of, those airdrop institutions will never be indifferent. They are waiting, so they still need to be strong themselves. Blue Star Technology may not be able to have a higher valuation in North America in the future. If it raises funds on the Hong Kong Stock Exchange, it will have a larger global strategic layout."

Finally, after hearing Luo Sheng's words, Zhong Yuanhong couldn't help but sigh, but then he looked at Luo Sheng and smiled: "I heard what you said, with a helm like you, I think there is no problem in Blue Star Technology to survive this crisis, it's just a matter of time."

Luo Sheng said modestly: "Excessive award."

Zhong Yuanhong still smiled: "I dare not guarantee the listing of Blue Star Technology in Hong Kong. Even if it can be accomplished in the end, it will not be achieved overnight, and it may not be possible even in three or five years."

Luo Sheng nodded: "I know this, after all, it's not a trivial matter."

Zhong Yuanhong added: "But I don't think it's a big problem if you want to borrow RMB 350 billion from the country. You can even give you a low-interest loan. The State-owned Assets Office should follow up. Even if Bluestar Technology was not listed on the Hong Kong Stock Exchange in the end, it is a high-quality investment from an investment perspective."

Luo Sheng: "Is that true?"

Zhong Yuanhong smiled and said, "You can always believe in the 'Luo Sheng effect'. So far, even the crisis facing the moment has not disappointed people."

Hearing this, Luo Sheng couldn't help laughing out loud.

This "Luo Sheng effect" is truly mysterious and cannot be explained by science, but it does exist and is also very powerful.

After a while, Zhong Yuanhong stood up and smiled, "There is nothing else, it's time to say goodbye. Don't worry, Brother Luo, I will contact you immediately if there is any news."

Luo Sheng immediately stood up and prepared to give him a gift. Zhong Yuanhong stopped: "This is obvious, stay."

"Haha, OK, then I'll wait for your good news."

...

After Zhong Yuanhong left, he also made a systematic report on the matter as soon as possible.

Luo Sheng was not too anxious. Even if he couldn't succeed, he could still survive the crisis. However, it would be a little harder, but he would live his life as much as he could.

As time goes by, in early April, Bluestar Technology Group officially released its 2012 q1 financial report with Luo Sheng's approval.

In the first quarter of 2012, the group's total global revenue was US$34.72 billion, a plunge of more than 35% compared with the fourth quarter of last year; the net profit in this quarter was US$6.25 billion, with a net profit margin of only about 18%, which was almost cut in half.

It can be seen from this that the "Blue Star Technology Risk Assessment Report" released by Black Silk Group is very authoritative.

In fact, even though Bluestar Technology is facing the loss of the international market, its net profit this quarter is expected to reach US$9 billion, while the actual data is US$6.25 billion because the company actively lowers its corporate profits.

This financial report is in line with the expectations of Wall Street analysts. After the company was released, it did not cause violent fluctuations in BTC stocks, no big rises or big falls, but rose and fell, but the total market value remained at the level of US$370 billion.

It seems that the market value of Blue Star Technology Group is stable at this number. A multinational technology giant with such a large size cannot fall, but it will be difficult to rise without event-driven development.

In this way, it seemed to be plain and simple to come to June 2012. In the past two months, Luo Sheng also returned to Pan Technology's work, focusing on Star Arrow International and the Snowman Project.

Finally, in mid-June, the event-driven... is here.

...

Bluestar Technology Group's new headquarters, Mobius Ring, has an internal high-end conference room.

Luo Sheng and Lao Zhang and other core managers of the group company were having a meeting. At this moment, his private phone rang. In the conference room, only Luo Sheng's phone would ring, and everyone else's phone would be silent, and they would turn off even if the call came.

After all, it is the ultimate boss, so there is still this privilege.

An executive who had just spoken also took the initiative to stop speaking first. Luo Sheng took out his cell phone and glanced at the caller ID. It was Zhong Yuanhong's phone number.

Luo Sheng answered the phone. Everyone present didn't know who he was in contact, but they noticed that Luo Sheng's expression suddenly boosted for a while.

"Well, I got it, okay, okay, OK, that's great."

Luo Sheng quickly hung up the phone, and suddenly shook his spirits. Zhang Bowen, who was sitting in the second-in-command position, smiled and said, "Mr. Luo, it seems that there is good news."

Just now, Zhong Yuanhong called and said that the State-owned Assets Office would set aside $80 billion astronomical figures, and the five major banks would also raise 356 billion yuan, or about $52.2 billion in low-interest loans to Bluestar Technology Group.

Luo Sheng glanced at Lao Zhang, looked around the executives attending the meeting, and said without hesitation: "I decided to propose to the board of directors that the group company will formulate a $135 billion BTC stock repurchase plan."

Proposals to the board of directors are just a process. Luo Sheng decided that the proposal would definitely be passed because he had more than half of the board of directors' nomination rights.

"What?"

As soon as these words were spoken, the senior executives at the core level such as Lao Zhang were collectively shocked.

Zhang Bowen said in surprise: "Mr. Luo, the $135 billion repurchase plan, this... are you sure?"

Luo Sheng said affirmatively: "I'm sure!"

Everyone was stunned and stunned again. Old Zhang couldn't help asking: "My God, why is this?"

Hearing this, Luo Sheng said with a smile: "Give Wall Street a reason to force me to pay debts. Don't break the casserole and ask until the end, keep a little mystery and expectation. Then you will understand. If we want to give Wall Street a surprise, it depends on whether they want it."

Everyone looked at each other. Obviously, the boss was keeping a secret. Although he didn't know what medicine was sold in this gourd, it was very exciting and crazy no matter how he looked at it.

It was so crazy. The executives present followed Luo Sheng for so many years and saw many strong storms and waves. I had never seen any scenes before, but at this time I couldn't help but my heart was thumping.

It's like dancing on the tip of a knife.

Once $135 billion is invested in the stock market, Wall Street will force debts at this time, and after the remaining cash reserves are paid off, they will either lay off employees or reduce R&D investment, otherwise the company will face the crisis of a broken capital chain.

"Just do that, you have the fullest authority to draft Lao Zhang's repurchase plan and report it directly to me."

...

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