Promising not to intervene in the shares of Bussan Mining, Li Changheng got back from Francis and the politicians behind him in return that the underwriter of Bussang Mining's listing must be Belford Investment Company.

Li Changheng knew that Busang Mining was a pit, so of course he would not jump into it.

Therefore, in order to avoid trouble, Li Changheng also decided to let Busan Mining and the future shareholders of the company handle the review procedures and pre-listing review by themselves.

Belford is only acting as underwriter for the public offering.

This immediately caused Francis, who had been supplementing his financial knowledge recently, to curse secretly in his heart.

With the review and approval documents issued by the securities regulatory department, the problem has nothing to do with Belford, but Belford's profits are not small.

Moreover, it is very difficult to join the competition for the shares of Busan Mining by myself, and it will attract more people to compete because of my own participation.

When the stock price is high, and then sell the shares in his hand, he will make money, but he will definitely become the first target of cursing and accusation by the media and stockholders in the future.

Who makes himself the most famous and influential.

As for the responsibility of the shareholders being cheated, it is the Busan Mining and the Securities Regulatory Department who are not strictly audited. The media that needs news and the shareholders who have lost money will not care so much.

For a company to be listed on NASDAQ, in addition to some mandatory standards required by the securities regulatory department, the first thing to do is to find a listed underwriter.

The role of the underwriter is to help prospective listed companies to go public. To put it bluntly, they are middlemen.

Commercial banks, investment banks, and large brokerages are basically qualified to help people get listed.

Therefore, the underwriter will first negotiate with the prospective listed company on the issue price and the number of original shares put into the stock market.

Generally speaking, it is 25%, and all these shares are handed over to underwriters for operation and trading, and then these underwriters will definitely try their best to lower the stock prices of prospective listed companies in order to make money.

For example, the final listing price negotiated with Busan Mining was US$10, and the higher the stock price soared after the opening, the more Belford Investment Company, which holds 25% of the shares, would earn more.

Even before the listing, when meeting with institutions and shareholders interested in Busan Mining, if the underwriters made small moves, it was very likely that some of the original shares would be pre-sold to their people before the listing.

Those who have obtained pre-sale qualifications will most likely get a part of the tradable shares at a low price of US$10 or US$11 when the listing inquiry is made.

There are even brokers who will buy listed tradable shares themselves to raise the stock price, but there are too many ways to evade the law.

Overseas banks are escrowed and the funds to be bought and sold are sought from other brokerages for help, or seek cooperation from investment institutions, or even report to the securities regulatory department, and the brokerage can buy a certain percentage of stocks by itself.

The only problem is that it takes at least half a year for the shares purchased in this case to be traded.

Then wait for the stock price to skyrocket, or sell, or wait.

Waiting until the stock price is higher before selling it is to cut the leeks of Busang Mining, shareholders, and various institutions.

----

Li Changheng waited for two days, and after receiving a definite reply from Francis and his group, he picked up the phone and called Frank Abagnale.

To be honest, there is still a difference between a brokerage and a brokerage.

Brokers who can provide customers with listing services have basically surpassed pure brokerages and are developing in the direction of investment banks.

As the executive shareholder who single-handedly raised Belford, Frank certainly thought about developing the company into a big investment bank like Goldman Sachs, Morgan Stanley and Merrill Lynch.

But after talking with Li Changheng, Frank quickly understood that Belford had always belonged to Li Changheng, and he was just a nanny and housekeeper.

Fortunately, he held 20% of the shares in his hand, and after Belford became the main underwriter of subprime mortgage financial derivatives, he not only made a lot of money, but also directly doubled the company's market value.

Although Frank was disappointed, he was not disappointed and resentful.

Moreover, Li Changheng promised that after Belford sold, he would become one of the shareholders of Citigroup, so Frank had some vague expectations for the days after he entered Citigroup.

Compared with the status of a Wall Street brokerage and a banker of Citigroup, the status of the latter must be higher.

Besides, as long as he keeps up with Li Changheng, Frank believes that his future will be even better.

So Li Changheng made a phone call, and Frank immediately ordered the company's elite, as well as a team of lawyers and accountants to hold a meeting.

The next day, Li Changheng came to rent the entire Belford on the 18th floor of the New York Stock Exchange Building, and in an instant, more than 200 people in the company cheered and screamed excitedly.

Li Changheng smiled and waved to the seventeen or eighteen female employees in ladies' suits standing in the first row, which elicited louder screams again.

As for the male employees, he didn't care.

Walking into a conference room with an area of ​​about 60 square meters with Frank, Frank joked, "Henry, some of those girls just now are the company's trump card Guan Gong and telemarketers, if you are interested..."

"Shut up, you bastard."

Li Changheng interrupted Frank, and said angrily, "Don't think I don't know what you and your little boys have done in the company.

Those girls outside not only have to deal with the color critics outside, but also you **** in the company, right? "

Frank chuckled, "I would like to, and it will help their work and performance, and here on Wall Street, there are many people who are crazier than me."

After finishing speaking, Frank looked up at the door of the meeting room, and subconsciously lowered his voice after making sure that there was no one there, "I know a group of people go to rural towns or mountains every month, UU reading www.uukanshu.com to play a game game hunting."

Li Changheng was taken aback for a moment, thinking there was nothing strange about hunting, then he reacted and cursed.

I have also heard that some people regard the same kind as hunting objects before, and this business seems to have existed in the United States a long time ago.

He glanced at Frank, frightened Frank quickly waved his hand, and then took out a Franklin Zhang from his pocket, "Don't worry, Henry, I'm not that crazy, making money and women are my favorite hobbies."

Only then did Li Changheng nodded in satisfaction and chatted about some daily topics. At 9:30 in the morning, Wells Busan, the owner of Busan Mining Company, and Mike Ashtar, an expert in geology, appeared in the New York Stock Exchange building together. under.

After getting off the car, Wells Busan put his arms around Mike Asta excitedly.

The other hand pointed to the somewhat narrow streets of Wall Street, and the Nasdaq, American Stock Exchange, New York Futures Exchange on both sides of the street, as well as banks such as Morgan Stanley, Goldman Sachs, DuPont, and Citigroup, or insurance, shipping, and railway companies. Company building.

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