Chapter 518 [Oversubscribed, 60 million big A retail investors support Bluestar Technology]
After the early morning, the capital machine operated with full power, and subscribers continued to pour in.
The majority of investors in the mainland either hold their own accounts to subscribe. Some investors don’t have much money, but they can subscribe through the financial sector on WeChat Pay this year and the funds on the Zhifubao account.
That’s right, investors can become shareholders of Blue Star Technology Group by purchasing off-market funds and connecting them to the market. They can expose 10 yuan to RMB.
If ordinary people who want to participate in this capital feast, they can hand over the money to authoritatively certified private equity funds and public funds on WeChat or Zhifubao channels. By buying these funds, the fund manager then enters the market to subscribe to the shares issued by Bluestar Technology.
If the final subscription fails, the fund manager cannot invest the money in other stocks, but will re-queue the investors. If the investor is unwilling, he can redeem the fund. The fund management will not charge any custody fees within seven days. If the redemption exceeds seven days, a 0.5% management fee will be paid.
Another solution is that investors agree to hand over the money to the fund to invest in other projects.
The operation is very simple, as long as you can play with your smartphone, you can easily play it.
It is no exaggeration to say that this time Bluestar Technology went public in Hong Kong was the pace of participation of the whole people. There were no foreign capital and no super big buyers such as the six major sovereign funds in the international community.
But it cannot resist the large number of people in Greater China. Even if tens of millions of investors with big A are investing 10 yuan per person, it will be hundreds of millions.
Major financial forums, stock exchange platforms, etc. are all hotly discussed.
"Haha, I bought a chicken essence on WeChat and threw 1,000 oceans, hoping to be selected."
"Who has Ouqi? Let me take a breath of pressure on the semen."
"Seven days later, I will become a shareholder of Blue Star Technology. I will swell with my waist."
"As an old leek who has been riding for more than ten years, I will invest 500,000 yuan this time to protect the archbishop!"
"Damn, are the local tyrants short of pendants?"
"In recent years, through the concept stocks belonging to Blue Star Technology, the concept stocks belonging to Blue Star Technology have earned millions. This time, I will invest 2 million to repay my kindness. As long as I successfully subscribe, I will insist on holding it even if Blue Star Technology falls below the issue price. You can always believe in the 'Luo Sheng effect', I firmly believe it!"
"Repay kindness? The first time I heard someone say it is so fresh and refined."
"The rhythm of popularity explosion."
"The Archbishop is mighty!"
...
On the morning of the third day, Luo Sheng slept until he woke up naturally. He found that Qin Weimu was no longer by his pillow. He soon thought that she should go to work early.
I got up and washed up briefly, then left the hotel room where I was temporarily staying, and came to the fundraising transaction office.
More than a dozen staff members were busy working. Luo Sheng looked around for a moment and saw Qin Weimu in a professional outfit, and then walked over.
“How is the subscription situation?”
Qin Weimu put down the audit work at hand and said: "It was oversubscribed at around 5 a.m. on the 26th, and so far it has exceeded the subscription amount by 4 times."
Luo Sheng said in a daze: "So popular?"
Today is the 28th day, and only two and a half days have passed. The 4-fold oversubscription amount seems to be small, but just look at the basic number and you will know how scary the real subscription amount is.
Bluestar Technology Group's IPO financing target for listing in Hong Kong this time is to set a US$29.7 billion, multiplying by 4 times is equivalent to an oversubscription amount of US$118.8 billion.
Luo Sheng immediately asked: "What institutional accounts are they? How much does retail investors account for?"
Qin Weimu: "There are 2,789 subscription accounts that have been used to subscribe, basically all of them are funds, Tengxun, ICBC, Bank of Communications and other 22 domestic technology companies, banks, securities companies or insurance giants, spending a total of US$36.4 billion, with subscription amounts accounting for about 30%, and the remaining ones are mainly private equity funds."
Speaking of this, Qin Weimu looked at Luo Sheng with a smile and added: "It was unexpected that retail investors became the main force of subscription. At the same time, retail investors from the mainland actively flocked to subscribe to Blue Star Technology's stocks, including 150 super retail investors, who used nearly 128.2 billion Hong Kong dollars to subscribe to Blue Star Technology, which shows how much investors in the entire market are pursuing and believing in Blue Star Technology and you."
Luo Sheng was amused and crying: "Does these domestic investors invest with their feet? They are really too blind and too superstitious about the so-called "Luo Sheng effect". This is not an investment... I am under a lot of pressure. I hope they can calm their mindset and not jump. Bluestar Technology's stock is a stock that tests its mentality."
If it were some rich people or North American retail investors, Luo Sheng would not feel sorry for him at all.
As for domestic retail investors, many people are actually pulled by their friends to play stocks, or buy stocks with the recommendations of big Vs, and then get trapped and become a little leek who protects the country's market.
Domestic investors like to chase ups and sell downs too much, which will increase the ups and downs of Blue Star Technology's stock. Luo Sheng sighed lightly and said, "Preferring to large account institutions and super retail investors, and small and medium-sized retail investors will fill in the gaps."
Qin Weimu raised his eyebrows lightly and looked at Luo Shengyun and said calmly: "When capital has a conscience, it will become a fatal weakness, and when trading is mixed with feelings, it will make a wrong judgment. I want to warn you Mr. Luo, this is the capital trading market, and the curve of the k-line chart is countless times more sexy than that of a woman in the eyes of investors."
Several staff members next to her were subconsciously stunned when they heard this, but soon continued to focus on their work. They secretly looked at Qin Weimu with their eyes and were stunned. They felt that this contemporary richest woman is really a person who is so rational that he has no feelings for him. No wonder he can rank first on the list of rich women.
It is worth mentioning that Qin Weimu is not only the richest woman in the world, but also ranked 20th on the 2013 global rich list with a net worth of US$23.6 billion, second only to Amazon founder Jeff Bezos.
Her main source of assets is to hold 2.15% of Bluestar Technology's shares, but in a legal sense, she has $22 billion, not her own money, because it has been transferred to offshore family funds.
However, the outside world does not know, so the Forbes rich list is still calculated based on the obvious ones.
Luo Sheng thought about it carefully and felt that his decision was indeed mixed with some emotional things. Capital investment was not divided into national boundaries. Except for those who only invested ten yuan and several hundred yuan to join in the fun, even if these people lost money, they would only have that little money and would not feel distressed. It could even be said that it was a fan behavior, so they never thought about how much money they could really make.
Other serious investors have no borders. If you make money for them, you can burn incense and worship you every day, but if you lose money, you can secretly scold you so hard that you don’t even recognize them.
"Okay, Ms. Qin!" Luo Sheng finished thinking and shrugged and said, "You are a trader. You have the final say on how to choose an investor. You have the final say. You have the right to make a choice for me."
"Please wrap it with me, I'll be satisfied with you." Qin Weimu Qiyan accepted with a smile.
Luo Sheng was indeed relieved to deal with these things. His ability in capital operation also admitted that Qin Weimu is a rare genius and his professionalism in this field is better than himself. You should know that Luo Sheng’s knowledge in capital operation is mostly what he has learned from Qin Weimu over the years.
As long as capital transactions are involved, Qin Weimu has become extremely rational than ever before, and there will never be any irrational things involved in the transaction process.
Perhaps because of this, Shengfeng Capital, which she is in charge, can make 10 billion profits every year as a technology venture capital institution.
As time goes by, the subscription amount of IPO fundraising is constantly rising, but the increase in subscription amount in the subsequent time is declining every day. The most is undoubtedly the first day, which is the normal trend.
Finally, on July 4, the subscription of funds for this share is over. Bluestar Technology Group officially disclosed the total subscription amount the day before its listing.
For a moment, the entire capital market was stunned.
...
Chapter completed!