Zengqiang: The rise of the next China concept may be the emergence of a global, integrated enterprise of Chinese elements

Dispatch March 25, 2012 China (Shenzhen) It leaders Summit was held in March 24-25th at Wuzhou Hotel in Shenzhen, the theme of this summit is "the way of strategy in transition". As the full strategic partner of this Summit, Dispatch will broadcast the whole webcast to the General Assembly.

In the Summit forum three "capital strength: The Chinese concept recovers", Zengqiang, a founding partner of Xinyuan Investment, said that with the recovery of China's concept stocks, the fund and head-line should reflect on whether it is an important indicator for enterprises to have sustainable profitability.

He predicts that the emergence of the next Chinese concept may be the emergence of a globally integrated enterprise of Chinese elements.

The following is a live transcript:

Zengqiang: I remember in 86, 87, I was involved in the first wave of the Chinese concept stock, in Hong Kong and North America, at that time in Sinopec, PetroChina and the Northeast some enterprises to buy Cannes enterprises, one is 20 times times, one is 10 times times, and finally found that the first hot bouquet is Western young men like mysterious Oriental woman and bought once. The second Chinese concept of mood, I was actually in the perspective of entrepreneurs, when China's internet, China's IT industry in North America, including Sina, Sohu many companies at that time listed. The second was something more intimate, but there was some disappointment. The third Chinese concept should be two years ago and last year there was a very short period of time, at this time a lot of Chinese enterprises to catch up with the listing, this time the whole concept of China may be such a wave of funds, the fund cast, and then I carefully observed, if Sina's stock fell, Baidu's shares on the rise, If Dangdang comes up, potatoes fall again, so little money is flowing, and many of these funds are Chinese funds outside. At this time met the United States and domestic companies to do some bags, stocks fell, so many people make money. Of course there are a lot of Chinese companies, their own sustainable profitability is not strong, but it is a strong sense of capital, it is immature but also listed. This time with the United States and Europe, these people are not much money, so the past three concept stocks in China, the first is a western young man chasing Chinese girls spent a sum of money, the second meal, yes, the third time is no money.

I think the next step in the Chinese concept of the recovery, we should reflect on, especially for the Fund and investment banks to reflect. We should choose three very important indicators, one is that our companies listed overseas, or in the domestic market, is not a sustainable profit.

I predict that the emergence of the next Chinese concept may be the emergence of a globally integrated enterprise of Chinese elements. For example, an American business with market funds likely to be scarce, Chinese companies are up, integrating US companies with Chinese companies, using U.S. technology to boost China's profitability, and using U.S. management and branding to help China globalize, using China's markets to bring American products into China, So that after the merger of the enterprise into a sustainable profitability, large-scale operation, but also the industry leader, at this time the Chinese concept stocks will not because others like it, you will be confident in the stage onstage.