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Chapter 554: Support the mainland! Support our compatriots!(1/3)

According to the rules of the Stock Exchange, the bell-ringing ceremony for a company's listing cannot affect the opening of trading, so the bell-ringing ceremony is three minutes earlier than the opening.

At half past nine, the Stock Exchange officially opened, and Lin's stock price rose accordingly.

In this listing, Lam Pictures issued 225 million rights shares to the public, accounting for 25% of the total share capital. The stock issuance was priced at 5.2 yuan, raising funds as high as 1.17 billion Hong Kong dollars.

This figure creates the largest IPO of any cultural and media company listed on the Stock Exchange to date.

scale.

Calculated based on this listing price, Lam Pictures’ listing valuation is as high as HK$4.68 billion.

Originally, with the size of the Hong Kong Film market, it was absolutely impossible to support a film company with a scale of nearly HK$5 billion.

However, the prosperity of Lin's Pictures' overseas business operations has provided Lin's Pictures with cash flow and profit scale that are completely unsuitable for a company of this size.

The success of "Teenage Mutant Ninja Turtles" is indispensable for this.

As the manager of the company, Tao Yushu knew very clearly that the success of "Teenage Mutant Ninja Turtles" was only temporary and could not be relied upon by Lin's Pictures forever.

Therefore, during the listing hearing stage, Tao Yushu insisted on using mixed pricing to determine the company's stock issuance price, and determined a relatively low price of 5.2 yuan per share.

Facts have proved that Tao Yushu's choice was correct.

The eyes of investment institutions and investors are sharp. Lin's Pictures has huge development prospects and profit potential, and its stock pricing can be called conscientious.

Therefore, despite the huge scale of IP0, the shares of Lin's Pictures still caused a frantic rush from investors during the subscription stage.

Everyone knows that with such a fair price, you will make a profit if you buy it.

The company went public today, and the stock price of Lam Films also continued the hot scene during the subscription stage, soaring immediately after the opening.

In less than 3 minutes, the stock price exceeded HK$7, and the company's market value rose to HK$6.3 billion.

Gains led the Hang Seng Index.

Seeing such a surge in Lam Pictures' stock, all the guests attending the listing bell-ringing ceremony cheered.

Without exception, almost all of these people hold shares of Lam Pictures.

Although the stock's rise may not mean much to some people, it does not prevent everyone from being happy about the miracle created by Lam Pictures.

After Tao Yushu exchanged greetings with many guests who witnessed the bell-ringing ceremony, he felt very pleased as he watched the growth of Lin's Pictures.

The Hong Kong Stock Exchange Listing Committee has always wanted stocks to be priced lower when determining the subscription price of listed companies. Only when the stock price is low, the stock price premium after listing is large, and investors are active will the stock market look prosperous.

Tao Yushu is not considering the overall situation, but her ideas coincide with those of the listing committee. They both hope that the stock price can rise from low to high, and then stabilize and perform steadily.

Now it seems that although the funds raised are one to two hundred million less, in the long run the advantages outweigh the disadvantages.

After all, they, Lin's Pictures, did not go public just to make money.

It took more than ten minutes to chat with the guests and take photos. There were a bunch of reporters waiting eagerly for Tao Yushu in the interview area.

When she finally came over, the reporters' flashlights turned into a curtain of light. The popular female stars in that scene were ashamed of themselves.

"Lin Tai Lin Tai! Lam's Pictures was successfully listed and became the number one film stock in Hong Kong. What do you think?"

"Mrs. Lin, you just announced several measures to relieve floods in the mainland. What are your considerations?"

Facing the reporters' enthusiastic questions, Tao Yushu looked calm. He first waved his hands to maintain order and asked the reporters to calm down, and then called everyone by name to ask questions in turn.

"Mrs. Lin, the listing of Lin's Pictures has created the largest IPO scale on the Stock Exchange in the past year, and it has commanded a huge amount of funds. Can you tell us the next key development trends of your company?"

After listening carefully to the South China Morning Post reporter's question, Tao Yushu organized his thoughts and responded:

"Just now, a reporter friend said that we, Lin's Pictures, have now become the "number one film stock". You can just be happy to hear this false name and don't take it seriously.

For the listing of Lin's Pictures, we would like to thank all audiences, partners and media friends for their support and recognition.

I think that Lam Films becoming the first film company to be listed on the Hong Kong stock market is not only a breakthrough in the capital operation of Xiangjiang Films, but may also be an important step for Xiangjiang Films to go international.

The scale of funds raised this time is indeed unexpected. According to our plan, these funds will be tilted to two aspects first.

The first is to improve the overall industrial level of the company's production business, and the second is to deepen the exploration of overseas markets and contribute our own strength to Hong Kong Film's shine on the world stage."

Tao Yushu's answers were clear and organized, full of general style and full of aura, winning the recognition of the reporters present.

Everyone knows that Lam Pictures has performed well in overseas business in the past two years. Otherwise, its listing fundraising, stock price, and market value performance would not be so exaggerated.

According to Tao Yushu, Lin's Pictures will continue to increase its investment in overseas markets. This kind of courage is indeed breathtaking.

Next, Tao Yushu asked people to ask questions, and a reporter brought the topic to the charity initiatives she had just announced. She believed that floods in the mainland did exist, but Tao Yushu's actions were a bit of a fuss.

Listening to the reporter's questions, Tao Yushu's face was cold and his eyes were sharp.

‘The mentality of this journalist friend’s question is worth debating. What does it mean to make a fuss out of a molehill? In recent days, everyone has witnessed the media reports on floods in the Mainland, and the scenes are heart-wrenching.

We are all descendants of Yan and Huang, compatriots of the same flesh and blood. Seeing that our compatriots are in danger, isn’t it our duty to provide some help to the best of our ability?”

At this point, Tao Yushu's voice became two points louder, and he continued: "Today I am taking the opportunity of the company's listing to invite all journalist friends here, but I actually have my own selfish motives in mind.

My personal abilities are limited, so I hope that I can convey my appeal to the public in Hong Kong through the microphones of my fellow journalists.

If one party is in trouble, all parties will support it.

Mainland China and Hong Kong are connected by the same breath. Please do your best for your compatriots!"

Tao Yushu spoke in a solemn and emotional tone, and after finishing his words, he bowed in a solemn manner.

Her sincere gesture moved many reporters present.

It is true that Mrs. Lin is a billionaire, but in order to provide disaster relief, she spent 100 million Hong Kong dollars in real money, and she also worked hard to organize activities.

To be fair, working-class people like them have 100,000 yuan, but they may not donate even 1%.

Such broad patriotism is admirable.

"I will definitely support you, Mrs. Lin!"

One reporter was so moved that he couldn't help shouting.

It immediately aroused the approval of colleagues around him, and many people spoke out one after another, forming a wave of voice that resounded throughout the trading hall of the Stock Exchange.

"Thank you all, but you are not supporting me. You are supporting the mainland and our compatriots!" Tao Yushu said.

The reporters were even more inspired and shouted loudly.

"Yes, support the mainland! Support our compatriots!"

"Support the mainland! Support our compatriots!"

The fanatical shouts disrupted the trading order in the Stock Exchange. Some staff came to ask questions. Tao Yushu quickly persuaded the reporters who had been incited by her.

She whispered to Wu Meizhen, "The young man from Ming Pao just now has his bonus doubled this month.

The reporter who was the first to shout "I will definitely support you" just now was from Ming Pao. The young man's voice was full of energy and sincerity. He made a great contribution and deserves to be commended.

Wu Meizhen nodded.

Then Tao Yushu told reporters: "Just now, a journalist friend asked me when I would donate the 100 million Hong Kong dollars. I will tell you now: I will donate it now!"

Hearing Tao Yushu's words, many reporters at the scene were in commotion again.

Donate now? What does that mean?

I heard Tao Yushu say again: "Now I am going to 381 Queen's Road East. If any journalist friends are interested, you are welcome to come with me to witness the donation process."

Hearing this, the reporters made even more noise.

Everyone is in the news. Who doesn’t know where 381 Queen’s Road East is?

That's the office of the Xiangjiang branch of New H Society!

Before the return of Hong Kong, the Hong Kong branch of the New H Society served as the mainland government's highest representative office in Hong Kong and performed various responsibilities assigned by the government.

We have seen many charity people, and it was the first time for reporters to see someone blocking the door with reporters to donate money.

I can't help but feel the excitement of witnessing history.

"Mrs. Lin is true to her word, a hero among women!"

Another powerful and sincere shout once again aroused the emotions of the reporters.

Tao Yushu silently kept this in mind, and the young man's bonus will be doubled next month!

"Walk!"

Tao Yushu was like a martial arts leader giving orders to the crowd. Hundreds of reporters in the trading hall of the Stock Exchange heard the news and followed her footsteps.

A group of people walked out of the trading floor in a mighty manner, as if Chen Haonan was going to take his brothers to wipe out Causeway Bay.

"Get in the car!"

"Follow Mrs. Lin's car."

Tao Yushu took away all the reporters, and the trading hall of the Stock Exchange, which was bustling with activity one minute, was now visibly deserted.

Although there were still many guests present, the atmosphere was no longer the same as before.

"Lin Sheng, this-"

Li Zhaofu looked at this sudden situation and was filled with surprise.

Lin Chaoyang said with a smile: "Yushu, she is enthusiastic about charity. You must attend the charity performance in two days!"
To be continued...
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