Counterattack starts with controlling probability

The early morning sunlight streamed into Professor Hall's office through the blinds, and the warm light made the entire room seem exceptionally quiet.

Li Hao pushed open the door and walked in, and saw Hall concentrating on taking notes on a research document.

Hearing the noise, he looked up and saw that it was Li Hao. He smiled and said, "Good morning, Li. Judging from your appearance today, are you doing anything big?"

Li Hao pulled out a chair and sat down, put the documents in his hand on the table, and said:

"Professor, I do have a big idea this time, and I'd like to discuss it with you."

Hall raised his eyebrows, looking quite interested: "Tell me, what are your plans?"

Li Hao adjusted his mood slightly, and said solemnly:

"Professor, I've been thinking lately that if New Star Investment wants to gain a foothold in the U.S. capital market, especially considering future listings, we need to build a structure that better complies with local regulations."

Hall put down the pen in his hand, crossed his arms over his chest, and looked at Li Hao with interest:

"You mean you want to set up a holding company here as an important platform for Nova Smart Investment's internationalization?"

Li Hao nodded: "Yes, the specific idea is this -"

"We can first transfer part of our core R&D and technology departments to the United States, and at the same time register a holding company. This will not only facilitate management but also allow us to lay the groundwork for a future listing."

Hall listened and nodded thoughtfully. "That's the right idea. But, Li, have you considered some potential challenges?"

"The market rules in the United States are very complex, especially the regulation of technology companies. Is it possible that your technological research and development may involve some sensitive areas? These issues cannot be taken lightly."

Li Hao smiled slightly: "I have already considered this."

"Our current technical focus is mainly on quantitative investment and AI applications, which haven't yet touched upon sensitive technologies. However, as our business expands, we do need to be more cautious and plan ahead."

Professor Hall leaned back in his chair, frowning slightly:

"That's good. However, there's one more thing you need to pay attention to. The regulatory authorities in the United States have very high requirements for corporate transparency and compliance."

"Especially for a company like yours with an international background, if you want to go public here, you need to have a very clear governance structure. Also, I suggest you talk to some companies that have successfully listed in the US; they can share a lot of practical experience."

Li Hao nodded and responded, "You're absolutely right. I've recently started contacting some Chinese entrepreneurs to learn about their IPO processes and the problems they encountered."

"Next, I plan to set up a small team to build the structure here, and then gradually expand it."

Professor Hall smiled with satisfaction: "It sounds like you have a good plan."

"But, Li, have you ever considered that, in addition to the architecture itself, you also need to build a talented team? The United States has a wealth of scientific and technological talent resources. You have to find a way to attract them to join you, so that your technological research and development can truly achieve breakthroughs."

Li Hao nodded: "This is exactly the second plan I wanted to talk about."

"I hope to establish a technology R&D center in the United States in the future, focusing on the development of cutting-edge technologies, such as more advanced AI algorithms, quantitative investment tools, and data analysis platforms. If we can attract local talent to join, it will not only boost technology R&D, but also help gain market trust when we go public."

After hearing this, Hall's eyes flickered with appreciation. "That's a great idea. The American tech community is always looking for new breakthroughs. If your Rising Star Investment can take root here and demonstrate its strength, your market value will be multiplied."

Li Hao smiled and said, "Thank you for your affirmation, Professor. Now I will take it one step at a time, first solving the architectural issues, and then considering the establishment of the R&D center."

Professor Hall took a sip of coffee, thought for a moment, and then said, "Li, you always make me feel very special."

"You're not just a businessman, you're also a visionary innovator. Don't worry, if you need any help, feel free to let me know. I can connect you with people who have experience in the U.S. capital market and introduce you to some resources in the tech world."

Li Hao stood up and bowed deeply to Professor Hall. "Thank you, Professor. Your support is invaluable to me. I will work out the plan as quickly as possible and strive to move forward as soon as possible."

Professor Hall waved his hand and said with a smile, "Don't thank me too soon, Li. The American market is not easy. You have to proceed cautiously and carefully. But I believe you can do it."

After leaving Professor Hall's office, Li Hao walked on the green path of the campus, his mind full of the conversation just now.

He realized that this was not just a one-time attempt, but the first step for New Star Investment to go international.

Although there are many difficulties, this is exactly what he excels at - finding breakthroughs in complexity and creating miracles in impossibility.

"Here I come, to the market of the beautiful country!" Li Hao's mouth curled up slightly, his eyes full of determination.

However, whenever Li Hao thought about going public, a name involuntarily emerged in his mind - Wang Qiang.

After all, in the domestic market, Noah Technology's listing was guided and implemented step by step by this senior student.

To show his sincerity, he took advantage of Wang Qiang's free time and chartered a plane to invite him to the United States to reminisce about the past.

On a sunny afternoon, Li Hao made an appointment with Wang Qiang to meet at a cafe near Berkeley.

Wang Qiang held the coffee and said with a smile, "Junior, you seem very busy lately. What brings you here? Do you have any new plans?"

Li Hao scratched his head and smiled. "Senior, that's true. I've been thinking lately about whether New Star Investment should also make a move in the U.S. capital market."

"Aren't you the founder of Zen Fund? You've been working in the Tier 1 for so long, so you must be familiar with the market rules in the United States. I need to learn from you."

Wang Qiang raised an eyebrow and took a sip of coffee. "This is a big topic. We just fought a battle when we launched the domestic market, and now we're planning to open up a new battlefield? You really can't sit still. Tell me, what are you planning to do?"

Li Hao got straight to the point: "Simply put, I want to set up a holding company in the United States. This will pave the way for a future IPO and also allow us to move some of our technology research and development here."

"Although our New Star Investment is based in China, many funds are now more interested in international projects. I think this is an opportunity."

Wang Qiang nodded, his expression becoming serious. "That's a good idea. The US capital market is indeed very tolerant, especially towards technology companies."

"Look at those unicorn companies. Many of them first listed in the United States. But you have to pay attention to a few points - first, the supervision in the United States is completely different from that in China, and the information disclosure requirements are extremely high. Finance, corporate governance, risk disclosure, each one of them is a real detail work."

Li Hao nodded. "Yeah, I've been looking up information too, and it seems like the compliance costs here are indeed much higher than back home. But, Brother Qiang, do you think a quantitative investment, AI-driven tech company like ours might run into regulatory red lines?"

Wang Qiang pondered for a moment and said, "Don't worry too much about that. Your technology is mainly application-oriented, which is different from sensitive technologies."

"The key is that the US capital market cares more about your growth and market share. These indicators are definitely a plus for New Star Investment."

Wang Qiang put down his coffee cup and leaned forward slightly. "But, Li Hao, there's one thing you have to remember. American investors are very 'realistic.' They like stories, but they like data even more."

"You have to let them see the future growth curve. Also, you have to learn to tell your story in the language of the American investment circle. Our domestic investors like 'tracks,' but here they prefer 'technological innovation,' so you have to package it well."

Li Hao smiled. "Senior, you're giving me a practical lesson. How much of our Noah Technology experience back then can we use?"

Wang Qiang laughed and said, "Experience can certainly be used, but it also has to be combined with reality."

"One of the biggest characteristics of the US is that roadshows are incredibly important. You have to deal with a bunch of investors, analysts, and media, telling stories every day. This kind of thing isn't that complicated when going public in China."

Li Hao nodded thoughtfully: "So, what do you think I should do now?"

Wang Qiang gave several specific suggestions:

"First, you need to quickly establish a controlling structure in the United States and separate the technical and marketing teams. For technology, you can focus on areas near Berkeley, where there's a wealth of talent. For marketing, you can consider locations near New York or Silicon Valley, where there are abundant capital resources."

"Second, you need to find a local investment bank in the United States to work with and understand the capital market rules and listing procedures here."

"Third, and most importantly, be prepared for the long term. Going public in the US isn't like going public in China; it might take years. But once successful, the resources and influence it brings are immeasurable."

As he was speaking, Liu Xia came over with a cup of coffee and jokingly said, "Professor Wang, are you giving Li Hao a private lesson? I'm interested in listening, too."

Wang Qiang laughed and said, "Xiaoxia, you're the marketing director of New Star Investment, so you've contributed to all of this. So, do you have any questions?"

Liu Xia smiled slightly. "I'd also like to ask: What do American investors value more, technology or market size? You know our technical team is very strong, but our market strategy can't be left behind, right?"

Wang Qiang nodded in praise: "Yes, this is where you have to strike a balance. American investors like technology, but if the technology cannot be quickly realized, they will not buy it. So-"

"You need to come up with a plan that not only demonstrates technological leadership but also demonstrates market potential."

After hearing this, Li Hao looked at Wang Qiang thoughtfully. "Looks like I need to plan carefully for the future. New Star Investment's technical direction is fine, but its market strategy needs adjustment. We may need to connect more with the US market to carve out a niche."

Wang Qiang patted Li Hao on the shoulder and said, "Keep going, Li Hao. If you take this step well, New Star Investment will definitely reach a new level. When the time comes, Zen Fund will continue to support you."

Liu Xia also smiled and said, "We have such a good 'brain trust' like Professor Wang, so there will definitely be no problem!"