Chapter 2287: Chapter 2107: Very Satisfied Market value. Though it’s not cash. But. Ultimately, it’s valuable assets. A great benefit of a company going public is that post-listing, its stocks can be pledged at market value. This point. Makes countless companies scramble to go public. Generally, companies can pledge equity, but their valuation is cumbersome, almost always based on the discount estimation of existing assets. Calculated. Far less than the ’value inflation’ post-listing; many companies have assets worth one billion, but post-listing, market value might soar to five billion. Even up to ten billion. The difference among them. Is too large. Too tempting. Causing many companies to flock towards it. Dragging. Many started talking about Hummingbird. "I wonder how soon Hummingbird will go public? Owing so much debt to the bank, it should go public for financing, strongly urging Hummingbird to list quickly." "I agree!" "Hummingbird owes so much money, it should go public to cash in." "Exactly." "Hurry up, we can’t wait." "..." Netizens are jostling. Stock selection. In the past, people favored companies not short of money because listing due to lack of funds inherently indicates insufficient ability to generate cash, only to raise funds at such times. Toiling back and forth. It’ll flop! Who to reason with? Thus. They abhor it deeply. It was so before, and it is now. But there’s a different type of company, and that’s--- Tang Qing’s companies, because everyone believes Tang Qing will certainly not lose. History. Has proven Tang Qing’s vision, the man who creates miracles, although Hummingbird currently bears significant debt, they believe it’s no issue. Look. Sheng Tang Group, once thought to be stagnant forever, revived with just one piece of Constant Temperature Clothing; even Wan Qing Mining, which everyone thought would incur heavy losses, turned things around. Yes. Hummingbird is in debt now. However. The giant’s prototype has already formed, a logistics network spanning the globe, such a network might not yield immediate profits, but the value is evident. After all. The stock market. Values prospects; where there’s value, there’s basis for investment. Although there’s a gambling aspect, many stock players gamble, naturally choosing the ones with greater winning odds. ... Shanghai Stock Market. Villa. Rooftop. Tang Qing looked at the moon, listened to the insects, enjoyed the light night, glanced at the lively discussions of the netizens, and no longer paid attention. Going public. Definitely will happen. Originally. While signing contracts with partners across countries, there were clauses promising listing, but not this year, it’ll be next year, Hummingbird needs more time to accumulate. -Scale. -Financial report. -Data. And considerable room to rise. By then. The valuation will be high. As for the listing location, A-shares surely won’t work; the three-year profitability threshold is there, and backdoor listing is uninteresting. Even this year’s newly launched Growth Enterprise Market has a two-year profitability limit. On this, Tang Qing supports, otherwise the growth market will be flooded with companies. Don’t be deceived by the lenient listing requirements of Europe and America; it also brings many issues, chiefly rampant fundraising, burning money and delisting. Leaving behind a pile of scraps. Every year. The U.S. stocks have three to four hundred new companies going public, looking immensely vibrant, but also three to four hundred delisting, the vitality is strong but the risks are enormous. Thus. Tang Qing has always supported strict controls on going public, or else countless people surf upon the surging wave, and when the wave recedes, only corpses remain. Too tragic! Behind the feast of capital is blood-stained. ... At this moment. Congo Gold’s capital. Kinshasa. It’s just afternoon. "Hello, your package has arrived." An employee wearing Hummingbird delivery uniform, riding an electric scooter, arrived at a neighborhood below and made a call. "Okay." "I’ll come down right away." Soon. A woman walked down, excitedly received the package, then jubilantly went upstairs; she ordered in the morning and was surprised it arrived after lunch. Efficiency is astounding. Finally. The young black delivery worker chuckled, headed to the next destination; he’s happy to have found a good job, which wasn’t easy. Although delivery is a bit tiring. But the treatment is good. Here in Congo. Hummingbird pays wages comparable to white-collars, with subsidies and benefits, it’s incredibly good. He treasures it greatly, having joined the company three months ago. Training. Training. Familiarizing with various streets and visits, he finally stood out among a group of people; not everyone who joins can eventually become a courier. Enduring hardships. Responsibility. Clean hands. ... Besides general requirements, there are many additional ones. Afterwards. He started delivering from home to home. "Thank you!" "So fast." "Thank you for your hard work." "..." For same-day online shopping delivery. Honestly. This is their first experience; it’s not ordering a cake from a nearby shop and getting it delivered, but a new shopping experience. Unboxing. Taking photos. Posting. Online shopping trifecta. Hmm! Feeling great. Looking at the streets outside, enjoying such logistics, with the air conditioning blowing, many can’t help but feel that today’s Congo Gold is already different. Three years ago. Electricity. Would go out numerous times a day, even in the capital, consistent supply couldn’t be guaranteed, but today, Congo Gold’s power generation ranks among Africa’s top. Transportation. Safety. Education. Medical. ... Since Waite took office, they’ve fundamentally changed, and with economic development, everyone’s wallet is fuller, thus able to shop online. Otherwise. In the past environment, don’t mention smartphones, having a feature phone was good enough; not purely due to lack of money, the bigger reason was poor Internet. Buy a 4G mobile phone. Turn it on. Only to find it’s a 2G network. Gah! That image is unimaginable, unlike now, though full coverage is slightly wishing, Congo Gold’s network coverage in major cities is quite seamless. Indeed. Places slightly more remote mostly have 2G signals, but it’s much better than before, they’re satisfied. With electricity. With money. What to do? Of course, it’s buying, buying, buying. Furniture. Home Appliances. Digital. Transportation. ... With commodity loans, they can buy many affordable Huaxia products; quality and low price, compared to Europe and America, far cheaper, they’re accustomed to using them. In the past. No electricity. Things like washing machines, electric refrigerators, air conditioners were all for show, bought to gather dust. Now with electricity, even many villages have started selling well. Regarding the importation of so many goods, how much foreign exchange is required, they don’t worry; worst-case scenario, selling mines or exporting agricultural products can always generate. It’s also due to local economic development, many who planned to go to Huaxia and stay illegally, changed their minds, even returning from Huaxia to develop. After all. Home has a good meal to eat, much more interesting than being undocumented. Recently. The hottest topic is undoubtedly the city loans near the capital; many are eagerly anticipating moving into their new homes a year later. Sparkling windows. Clean streets. Complete amenities. In short. Now in Congo Gold, they are quite satisfied.