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Chapter 516 [There is too much room for growth, we are too busy! 】

"I missed Blue Star Technology seven years ago, and don't miss it today seven years later." Speaking of this, Luo Sheng ended his opening speech with a smile.

“Oh oh oh ~~”

Investors on the market were staring at the hot men, while investors outside the market were staring at the hot men on the big screen.

Everyone was very happy and gave warm applause, and the audience was in full swing.

Small and medium-sized investors and retail investors have said that their wallets are ready.

I missed it seven years ago, and I will definitely not miss it again this year.

On the venue, Luo Sheng, Tony Wicks, president of Hengxin International Investment Bank (HIIB), and the host, have already taken seats on the stage.

It is worth mentioning that Tony Wix, who is in charge of Hiib, does not know that Luo Sheng, who is sitting next to him, is actually the ultimate boss behind the scenes, who paid him a salary.

However, Wicks didn't know anything, otherwise he wouldn't be in charge of Hiib. He was extremely sure that the person behind Hiib investment bank was definitely closely related to Luo Sheng.

However, Wicks did not want to guess these things, nor did he want to explore the truth. Anyway, the board of directors would offer him a sky-high annual salary of $119 million every year, plus a promise of option incentives.

Good job, wealth.

As a banker, it’s OK to do what a banker should do.

The venue gradually became quiet. The host was an intellectual beauty. She smiled at the investors in the audience and said, "The world's great company, Blue Star Technology Group, finally returned to HK in seven years and went home. Thanks to Blue Star Technology for coming back when HK was in trouble, we finally settled down this 'home'. I believe that many companies that wander around the world in the future will also go home one after another in the future."

You should know that there are many mainland companies listed on the US stock market. The significance and impact of Bluestar Technology's return to Hong Kong to list is far more than its own listing in Hong Kong. Going further will undoubtedly stimulate the return of companies listed far away from overseas.

After a moment, the host turned his head to Luo Sheng and asked: "As the first Huaguo Technology company to support the swap between Hong Kong and US stocks, should investors hold Hong Kong stocks or US stocks after Bluestar Technology is listed in Hong Kong?"

This is the information that many retail investors want to know. When they hear this, whether they are retail investors on the scene or retail investors staring at the live broadcast room, they are seriously staring at them.

Luo Sheng picked up the microphone and answered: "U.S. stocks and Hong Kong stocks both represent the equity of Blue Star Technology Group. The conversion relationship between the two is that 1 US stock can be converted into 10 Hong Kong stocks, and the conversion ratio has nothing to do with the stock price."

Tony Wix, the head of Hiib investment bank, picked up his own Mike and further explained: "From the perspective of stock prices, since the stocks in the two markets can be converted to each other, under the regulation of the market mechanism, the Hong Kong stock price will theoretically be equivalent to 10% of the US stock price. For example, BTC closed at US stocks at US stocks after trading yesterday, and the theoretical price of Hong Kong stocks is HK$395.31 per share, which is equivalent to US$51 per share."

Wix added: "However, due to factors such as the trading hours and transaction costs of US stocks and Hong Kong stocks, the actual stock prices of the two places may have a certain deviation."

The host nodded and said, "So in general, there is not much difference between holding Blue Star Technology's Hong Kong stocks and US stocks."

After listening to the real-time translation, Tony Wicks nodded and said, "Yes, the two are just a form difference. Relatively speaking, although the Hong Kong stock price is cheap, each lot (100 shares) is close to HK$40,000, which is not cheap. The US stock market does not have any restrictions on the number of shares. However, compared with the US stock market, Bluestar Technology has two small advantages in Hong Kong stocks."

"On the one hand, Hong Kong stocks issue common shares, without the annual dividends or custody fees of North American depositary shares. On the other hand, from the perspective of trading time, for high-frequency and wave traders, the trading period of Hong Kong stocks is obviously more convenient, and can deal with emergencies more in a timely manner."

"Lanxing Technology's listing in Hong Kong can expand the funding pool for institutional investors to buy and sell Bluexing Technology, and overall improve liquidity. Bluexing Technology's short-term stock price will be driven by capital flows and will be valuated in a comprehensive manner. "Outperforming the market" is the rating of Hiib Investment Bank for the Hong Kong stocks of Bluexing Technology."

Wicks' answer made many retail investors who care about Blue Star Technology's stock suddenly realize and are very satisfied. It can be said that it was a very thorough analysis in simple words.

Now I just want to subscribe as soon as possible and then open the market and trade.

At this time, the host looked at Luo Sheng again: "What room for growth in the future of Blue Star Technology?"

This time, Bluestar Technology's return to Hong Kong for listing is a rhythm of "meeting" with Tencent, the most listed Internet company in Hong Kong. The issue that investors are generally concerned about is that they have made social networks, cloud computing services and other businesses the world's number one.

What room for growth can be found in the future?

Another issue that cannot be ignored is that Bluestar Technology has currently lost 70% of the market share in developed countries and regions. What will happen in the future?

These are all key factors that affect the capital market's valuation.

Luo Sheng: "Bluestar Technology's first-quarter performance this year, its revenue has stopped falling and rising in a single quarter, reaching RMB 145.9 billion. According to non-North American general accounting standards, its net profit was RMB 23.6 billion, compared with RMB 22.2 billion in the previous fiscal quarter. After experiencing last year's turmoil, we have begun to continue to recover."

"Last Star Technology announced its strategic reconstruction last year. Our first major strategy is to expand the mainland market. I know what my greatest happiness is? It is that we have the largest consumer market in the world."

"The Mainland has more than 600 million netizens, which is the largest single market in the world. Currently, there are only 200 million Internet users in the United States, which is three times theirs. In the past decade, we have been focusing too much on international markets and globalization, and we have not cultivated the fertile soil of the mainland market."

"But without cultivation does not mean that this fertile soil will no longer exist, right? Now it seems that this is not the place where the growth space lies?"

"So you'll see that we have invested in many promising Internet or technology startups this year, Ele.me, Meituan, Didi, etc."

"We use WeChat as the core connection point to actively expand local life services, mobile payment Internet finance, etc., which are all very imaginative, so I have never worried about the growth space of Blue Star Technology. What we are really worried about is that there is too much growth space and we are unable to get busy even if we have difficulty choosing."

When the investors present heard Luo Sheng's words, they smiled and felt extremely comfortable.

However, this is what I want to hit people in my ears. For example, Alibaba will feel extremely uncomfortable. A wave of red envelopes entered the mobile payment market before the New Year. Not only did it open up the situation, but it also stood firm. Not only did it stand firm, it also came in full force.

Zhifubao is really scared. What is the moat he has been devoted to building for so many years?

So much so that Alibaba started to compete with Blue Star Technology in public and secretly at the beginning of the year. If you invest in Ele.me, I invest in Meituan, you invest in Didi, I invest quickly.

Fortunately, this year is also the best year for Alibaba, and I have the confidence to fight for bayonets head-on.

In short, almost all the major boundaries of the Internet have seen the scene of teaming between the Alibaba and the Blue Star system. On the contrary, as one of the three giants, Xiao Ma Ge and Teng Xun are extremely low-key. They rely on the game as the cash cow to make a fortune alone. Recently, they have also set up their own AI laboratory in a low-key manner. In addition, they are also the major shareholder of Blue Star Technology Group. They may not win, but they cannot lose.

Luo Sheng continued: "We never worry about the problem of growth space. We have too many growth points, but it doesn't mean that Blue Star Technology is not anxious. In fact, I have always been very anxious. What I am anxious about is to keep thinking about whether it can keep Blue Star Technology Group in technology always lead the industry and the world?"

This is more calm than pretending. Industry insiders don’t know what to say when they hear this.

Judging from this year's Blue Star Technology Developer Conference, you are already leading the world in technology. Friends and competitors are not as good as yours. Why are you still so anxious about technical problems?

Is this a bit too much?

However, no matter how ridiculed it, the outspoken expression of anxiety towards Luo Sheng's outspoken expression also made many industry insiders respect it.

It is indeed not accidental that Blue Star Technology can achieve today's achievements, and it is also amazing about Luo Sheng's pattern. Many companies or heads will become lazy and complacent when they succeed.

But Luo Sheng has been at the top of the world for so many years, but he is still calm in favor of favors and disgraces, constantly surpassing himself and constantly improving.

...

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