Rebirth 2004: I can make money by writing.

The news that Jingdong Mall is about to be listed on Nasdaq has caused a huge sensation in the global capital market.

According to industry insiders, the valuation of this Huaguo e-commerce platform may exceed tens of billions of dollars, making it one of the most anticipated IPO projects this year.

What is even more eye-catching is that the world's richest man Hao Qiang, as the second largest shareholder of Jingdong Mall, will usher in a new round of growth in his personal wealth.

This is also Hao Qiang's second listed company after Renjian Fireworks, which currently has a market value of approximately HK$1775 billion.

According to Forbes' announcement two months ago, Hao Qiang's personal net worth had reached a staggering $1500 billion, firmly ranking first on the world's rich list.

If Jingdong Mall is successfully listed, based on its expected valuation, Hao Qiang's net worth is expected to increase by nearly 10 billion US dollars.

Jingdong Mall's listing coincided with a critical period of fierce competition in China's e-commerce industry, but with its unique business model and strong supply chain system, Jingdong Mall has maintained an average annual revenue growth of more than 50% in the past three years.

The funds raised from this IPO will be mainly used to expand overseas markets, upgrade logistics networks and increase investment in technology research and development, which will undoubtedly further enhance its competitiveness in the global e-commerce field.

As the listing process progresses, and with Hao Qiang being the major shareholder, the capital market's attention to Jingdong Mall continues to heat up.

In the past two years, with the influence of Future Technology Group in the semiconductor field, namely the mass production of chips from 14nm to 7nm process, Future Technology Group has repositioned the global semiconductor industry landscape.

In addition, Hao Qiang's personal influence has risen to the national strategic level, and foreigners have to re-examine Huaguo's technology companies.

Looking back over the past decade, the United States has always maintained its position as a global technological leader thanks to its Silicon Valley's innovative ecosystem and strong R&D capabilities.

Technology giants such as Intel, Pingguo, and Google have built up the United States' absolute advantage in the field of information technology.

However, with the rise of Future Technology Group, this pattern is undergoing subtle and profound changes, especially in the semiconductor and automotive fields.

Of course, the United States is still a technological leader today, with great comprehensive advantages in basic research, innovation ecosystem, and talent pool.

The continued breakthroughs of Microsoft and Google in the field of artificial intelligence and the excellent education and scientific research system in the United States all demonstrate the profound foundation of the United States' scientific and technological strength.

But it is undeniable that China's technology companies, represented by Future Technology Group, are achieving "overtaking on curves" in many key areas.

……

Let’s go back a week.

69 Deep Water Bay Road, Hong Kong City.

This luxury residence located in Mid-Levels overlooks the dazzling night view of Victoria Harbour.

In Li Jiacheng's study, soft light shines on the mahogany desk, and the father and son are concentrating on discussing the investment matters of the listing of Jingdong Mall.

"Do you still remember the lesson you learned when the fireworks were launched?" Li Jiacheng held the teacup with a hint of regret in his eyes.

The youngest son, Xiao Li, nodded, recalling the missed opportunity.

At that time, they judged that the issue price was too high and adopted a wait-and-see attitude. As a result, the stock price soared after listing, causing the Li family to miss out on potential profits of hundreds of millions of Hong Kong dollars.

"We must seize the opportunity of Jingdong Mall's IPO this time." Lao Li put down his teacup and flipped open the prospectus on the table. "I've asked the finance department to prepare $100 million in funds to participate in the subscription."

Xiao Li carefully examined the data in the prospectus. Jingdong Mall's revenue growth rate has remained above 50% over the past three years, and its market share has continued to expand. These impressive figures make him full of confidence in this investment.

Of course, if the subscription price is too high, then a reassessment is necessary.

However, both father and son knew that IPO subscription was not easy.

As a globally anticipated technology IPO, Jingdong Mall will face fierce competition in its stock allocation.

Typically, IPO shares are allocated first to institutional investors and large funds, leaving individual investors with limited shares available through public subscriptions. Even a capital giant like the Li family cannot guarantee a desired subscription quota.

Just because you have a lot of money doesn’t mean you can get the quota you want.

The underwriters for the listing of Jingdong Mall are Bank of America Merrill Lynch and UBS, who are responsible for overall coordination and pricing strategy.

The joint underwriters include top international investment banks such as Morgan Stanley, Citigroup, Barclays Capital, and Jefferies. These financial giants will be jointly responsible for the marketing and distribution of the stocks.

In order to ensure the fairness of IPOs and market stability, underwriters have established a strict allocation mechanism.

They will not allocate quotas to a single investor, but will make a comprehensive consideration based on multiple factors such as the investor's type, past cooperation record, and long-term investment intentions.

Even investors like the Li family who are prepared to subscribe in a large amount need to go through layers of review.

"Dad, we've had several conversations with the top executives at Bank of America Merrill Lynch and UBS," Xiao Li said. "They agree with our philosophy of long-term investment, but the final allocation we'll receive depends on the overall subscription situation."

In 2011, Beijing Dong Mall’s annual revenue was approximately 700 billion yuan.

Jingdong Mall has not yet announced its specific annual revenue for 2012, but he estimates that it is more than 100 billion yuan, with a year-on-year growth of about 50%.

Old Li stood up, walked to the floor-to-ceiling window, and looked at the brightly lit Victoria Harbour in the distance.

"Well, if I had a good relationship with Hao Qiang, I wouldn't have to worry about this at all." Old Li sighed.

A few years ago, Hao Qiang came to Gangcheng and invited the other party to be his guest, but for some reason, the other party refused, as if he did not like dealing with businessmen like him.

At present, given Hao Qiang's status, he looks down upon pure businessmen like him.

After all, in his opinion, Future Technology Group is a high-tech company, which is something that Lao Li, who made his fortune in real estate, cannot do.

Anyway, in Lao Li's opinion, if you can cooperate, then cooperate;

If you can't cooperate, there's no need to offend others. This is his business philosophy.

Xiao Li listened to his father and fell silent.

Hao Qiang became rich too quickly. According to his analysis and understanding, people like Hao Qiang don't like dealing with real estate developers.

According to inside information, Hengda boss Xu made an appointment with Hao Qiang, but Hao Qiang refused to meet him.

Well, they do have the qualifications.

Hao Qiang would probably sneer at and look down on Mr. Xu's business tactics.

As the night deepened, the discussion between father and son continued.

……

The IPO of Jingdong Mall has attracted widespread attention, not only attracting the attention of the capital market, but also setting off a wave of heated discussion among netizens.

Many investors are eager to try, hoping to get a piece of the pie by subscribing to Jingdong's shares.

Of course, these investors also know that subscription is not as simple as they imagined.

"Hao Qiang has a really unique vision. He only invested 7000 million yuan in Jingdong's early financing and got 40% of the shares." A shareholder left a message on the investment forum.

His speech immediately sparked heated discussions, with netizens recalling the development history of Jingdong Mall.

Another netizen added: "Original poster, Hao Qiang later invested an additional 7.5 million yuan, not just 7000 million yuan. Later, after several rounds of financing and dilution, his shareholding ratio dropped to 35.721%."

"Regardless of the situation, Hao Qiang's total investment in Jingdong is approximately 820 million yuan, and according to the valuation of Jingdong Mall's IPO, the value of this investment has exceeded 100 billion yuan.

Damn, the return on investment is really high!

"I can only blame my good vision."

"It's not just his vision. I heard that Hao Qiang's management and guidance have made a huge contribution to the development of Jingdong Mall. This is what Liu Qiangdong said himself."

"But no matter what, Hao Qiang's investment portfolio is legendary. From Renjian Fireworks to Jingdong Mall, as well as those lithium battery companies, almost every company he invested in became an industry leader.

Now, capitalists from all walks of life hope to win Hao Qiang's favor, as if his investment is a guarantee of a successful listing."

What netizens said is true. Liu Qiangdong, the founder of Jingdong Mall, has become the object of everyone's envy because of this.

His wealth has skyrocketed in recent years, and he has already ranked third on the domestic rich list, second only to Hao Qiang and Boss Zong.

In the eyes of netizens, without Hao Qiang's support, Liu Qiangdong might not have achieved what he has today.

Of course, this is inseparable from Liu Qiangdong's own management ability.

"Hey, with an investment tycoon like this, everyone would want to be his younger brother!" one netizen said half-jokingly, "Investing with Hao Qiang is like making money without doing anything."

As the listing date of Jingdong Mall approaches, the discussion about wealth, opportunity and investment continues to ferment.

Whether people envy Hao Qiang's investment vision, sigh at Liu Qiangdong's skyrocketing wealth, or discuss how to participate in IPO subscription, the listing of Jingdong Mall has become a wealth feast that has attracted the attention of the whole nation.

On New Year's Day 2013,

Liu Qiangdong and the company team have arrived in New York.

Although the wind in New York was biting cold, there was a fire burning in their hearts.

They had only one purpose for this trip - to ensure that Jingdong Mall's listing on Nasdaq was foolproof.

After checking into a luxury hotel in Manhattan, Liu Qiangdong immediately gathered all team members and solemnly conveyed Hao Qiang's reminder: "Before the successful listing, except for necessary work, everyone should try to stay in the hotel, do not go out and wander around, and don't cause trouble.

New York may be bustling, but our mission here is more important than anything else.”

A senior member of the team couldn't help but ask, "Boss Liu, isn't the big boss here this time?"

Although Liu Qiangdong holds only a few more shares of Jingdong Mall than Hao Qiang, in the eyes of all senior executives, Hao Qiang is the real boss.

After all, Jingdong Mall’s growth from its inception to its current glory is inseparable from Hao Qiang’s investment and strategic guidance.

Liu Qiangdong had no objection to this, as he knew Hao Qiang's key role in the company's development.

Liu Qiangdong nodded slightly and explained: "Mr. Hao's situation is a bit complicated, and it is not suitable for him to go abroad for the time being."

There was a hint of caution in his tone, and he was obviously reluctant to go into details.

I guess once you come here, it will be difficult to go back.

Future Technology Group has brought the U.S. semiconductor industry to a standstill, and the U.S. government has long wanted to make trouble for Hao Qiang.

The senior executive smiled and said half-jokingly, "Haha, I guess in Mr. Hao's eyes, Jingdong's listing is just a small matter."

Liu Qiangdong shook his head and said seriously, "You can't say that.

A few days ago, I visited Mr. Hao's home and talked with him for a long time.

He attached great importance to Jingdong's listing and provided detailed suggestions on everything from roadshow arrangements to pricing strategies."

"Mr. Hao's vision and pattern are indeed beyond our reach.

This listing not only affects the future of Jingdong, but also whether the efforts of all of us can be recognized by the market."

The atmosphere in the team became more solemn because of Liu Qiangdong's words.

Usually, Liu Qiangdong still likes to joke.

Liu Qiangdong looked at the night view of New York outside the window, took a deep breath, and said, "Okay, everyone, go to bed early.

We still have some work to do tomorrow."