"Taking over Alipay's payment business in East Asia is just the second step. Right now we need to make sure we handle the first step properly."
Last night, Lu Liang had a conversation with Flannery, and both parties agreed to push for General Tianxing's listing on NASDAQ.
The path to listing for well-known companies has always attracted key attention from major investment banks both domestic and foreign.
Take Ant Group as an example: there were as many as eight firms pre-booking its IPO; the listing was forcibly halted, otherwise, the number would have only increased.
If Ant's listing hadn't been halted,
it would have gone public with a valuation of 200 billion dollars.
The subsequent number of shares issued would have had to reach at least one billion to avoid a share price of over 100 dollars.
