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Chapter 461: Oversubscription

Wang Liu glanced at the scene and smiled slightly at the corner of his mouth.

This is a plan they have prepared specifically for this issue.

First draw a big pancake, point out the broad prospects of social, search and other businesses, find the reasonable necessity for spin-off behavior, and then throw out the profit sharing agreement and borrow the broad prospects of social, search and other businesses to provide price support for e-commerce and game businesses to be listed.

Judging from the on-site reaction, the effect was pretty good. The people who were solemnly demeaned by this question just now clearly relaxed, either nodding, smiling, or whispering, and communicating in a low voice.

The voice was a little small, and he spoke either Cantonese or English. Wang Liu didn't understand it, but he could tell from their expressions. This level was obviously passed.

On stage.

Li Xiangtao naturally felt it. Without delay, he chose another investor and continued to ask questions.

"Hello, Mr. Li, I just saw the promotional video introduction. Tiansheng has been established for three years and has maintained a growth rate of 200% every year. It has developed very rapidly, but the market is limited after all. What I want to ask is, after experiencing the initial rapid development, can Tiansheng continue to maintain such a growth rate in the future? Will there be a serious decline?"

Another sharp question.

The finger is directly aimed at the growth rate of performance. If you make a promise directly, it is easy to arouse suspicion. It has the element of saying big talk, but you can't show your timidity. After all, performance is linked to the company's prospects. Even if you reveal a little lack of confidence at this time, it may affect your final subscription enthusiasm.

In a word, you have to blow it or not.

Fortunately, this problem was also expected and there was also a plan.

Li Xiangtao smiled slightly and said, "Thank you for your question. Indeed, every market is limited and it is impossible to grow rapidly forever. However, the domestic e-commerce and game industries are just starting out, and Tiansheng has only discovered this small part of the market. In the future, with the industry starting, there will be a broader market for exploration.

Moreover, even if the domestic market is in a bottleneck, there is still a broader foreign market.

Based in China and looking at the world, this is the development plan that Tiansheng has set before. In the future, we will not only continue to deepen our efforts in the domestic market, but will also begin to make global layouts.

I don’t know how much growth rate can be maintained, but I guarantee that at least in the next 15 years, Tiansheng will strive to achieve reasonable rapid growth."

The words fell.

Everyone in the audience immediately smiled satisfied again.

Fifteen years...

And what he said is reasonable and well-founded. Continue to explore the domestic market and start to make a global layout. Can you make it another way? At least this piece of cake is tempting enough.

If it can be achieved, then the rapid growth that has been maintained for fifteen years is probably less.

Most of them are medium and short-term investments. They want to take the Tiansheng ride and make a profit by going public. Holding for three or five years is the limit. Who can hold it for fifteen years?

This time, it was enough for them to find a suitable opportunity to transfer the stocks to their gloves and leave.

After dispelling two concerns in succession, the roadshow atmosphere became more and more harmonious.

The questioning session continued, and Li Xiangtao then selected several investors and asked questions about Tiansheng's future company management, profit margin and other aspects.

Li Xiangtao responded in detail again on management, and the remaining questions were answered one by one by other executives.

Basically, they were asked questions they expected to be asked before the roadshow, and they made sufficient preparations and plans, and the answers were basically satisfactory to the investors.

The questioning session ended successfully, and the whole roadshow was coming to an end. The atmosphere that had always been harmonious since the beginning was finally announced, and it suddenly caused a little controversy when the issuance price was announced.

"26.2 to 28.2? Didn't I say before 22.2 to 24.2?"

"Why did the price suddenly increase?"

"I've also increased four yuan at once."

Many investors frowned and talked, obviously a little dissatisfied.

Wang Liu, who came on stage to announce the price, stood on the stage and looked at the audience calmly, with a calm expression on his face. Since he decided to raise the price, these dissatisfactions were expected. After all, the price that had been agreed upon suddenly rose in the end, and no one would be happy.

They were also prepared for this. When the discussion gradually subsided, Wang Liu smiled apologized and said, "Because everyone's previous subscription intention was very strong, the subscription amount of Hong Kong alone exceeded the full scale of Tiansheng's issuance, and there will be overseas allocations later.

In order to better play the role of market allocation resources and allow everyone to gain something, we made a difficult decision to increase the issuance price range, and I hope everyone can understand it."

The audience suddenly became quiet. After Wang Liu said this, everyone understood that supply is in short supply and price increases are normal.

They are all professional investors. I don’t know how many similar roadshows have participated in. I have encountered many cases of temporarily raising the issue price. I understand this very well and didn’t say anything more and accepted it smoothly.

Wang Liu breathed a sigh of relief and finally started the subscription process, allowing investors to freely choose the price and subscription quantity within the issue price range, and then left the stage by himself.

As soon as he returned to his seat, Li Xiangtao turned his head and whispered: "Mr. Wang, after seeing their reaction just now, he seemed not satisfied with the price increase. Will it affect the subscription?"

"It shouldn't be true. Let's talk about the situation later." Wang Liu said casually, feeling a little unsure. Although he thought the increase was not high, and although everyone didn't say anything more, before the result came out, no one knew what would happen in the end.

After waiting for more than 20 minutes, the subscription was completed, and the roadshow officially ended here.

He Jia hurried over, and Wang Liu's heart suddenly jumped, knowing that the result was coming.

But looking at He Jiayi's slightly frowning brows and a slightly sad expression on his face, his heart sank in an instant, and he said in a cold voice: "What, is the subscription result not ideal?"

He Jiayi shook his head, laughed dryly, and said, "No, on the contrary, the subscription is very enthusiastic. The preliminary statistics show that the subscription amount has reached HK$24 billion, nearly twice the scale of Tiansheng's issuance. The subscription enthusiasm is even more enthusiastic than before the price increase."

Double subscription?

Li Xiangtao's face was instantly happy and almost burst into laughter.

Wang Liu was stunned for a moment, and then he was a little amused. Oversubscription is of course a good thing, but...

One of the main purposes of their price increase is to reduce their subscription enthusiasm. Now that the price has been raised, the result is good. Not only has the enthusiasm not been compressed, but why is it higher than before?

Did you answer the question session just now and then use too much force, which not only dispels investors' concerns, but also increases their confidence in Tiansheng?

this……
Chapter completed!
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