What is Hexun.com's intention of listing in China?

According to Phoenix Information, there are reliable sources that established financial websites and Wang Xun are preparing to list their main boards in China, and a round of financing is under way, with a valuation of 4 billion yuan.

Hexun. com's current round of financing only converts the foreign shares of Thomson Reuters into RMB investment, so as to successfully list on the domestic main board within three years.

He Xun's official introduction also shows that in 2008, Thomson Reuters invested in He Xun in cash. Thomson Reuters Group is a new company after the merger of Reuters and Thomson in 2007.

According to the information obtained by Bajie.com, the revenue scale of Hexun.com in 2016, 20 17 and 20 18 was about 608 million yuan, 893 million yuan and165438+73 million yuan respectively, with a compound annual growth rate of about 40%. He Xun's income is mainly divided into two parts, media advertising income and wealth management business income. Since 20 15, the income from wealth management business has exceeded the income from media advertising.

If Hexun.com is listed in China, its main target may be Oriental Fortune.com .. Bajie inquires that Oriental Fortune 20 10 is listed on Shenzhen Growth Enterprise Market, and its revenue in 20 16 is 2.352 billion yuan, about four times that of He Xun. The market value of Oriental Wealth is currently about 56.6 billion. Compared with this market value, Hexun.com, with a current valuation of 4 billion, is obviously still relatively low.

In addition, it is also reported that He Xun will introduce large institutions or Internet companies in the later period (it is estimated that it will not be Ma Yun, haha). At present, its major shareholder is Liaison Group. According to the official information of He Xun, He Xun. Com is a subsidiary of Liaison Office Group. The Liaison Group, formerly known as China Securities Market Research and Design Center, was established on March 1989. It is the initiator of China stock market and owns Caixin Media, a Hong Kong listed company, which makes He Xun. Com has great advantages in contacts and resources. The magazine media groups under the Liaison Office Group include: Finance and Economics, Finance Network, Securities Market Weekly, Securities Market Red Weekly, Successful Marketing, New Real Estate, China Automobile Pictorial, Motion Control, PC Time and Space, Information Strategy, Sports Pictorial, beautiful homeland, New Travel, Overtime Beijing, Overtime Shanghai, Other Life, Hongxiu, Wine Review, Oriental Weekly, Vision and Branch Network.

According to public information, on May 9th, 1995, He Xun Information Technology Co., Ltd. announced that it had become one of the five earliest ISPs (access service providers) in China, and launched ICP (content provider) service one year later. 1997, He Xun opened "China Financial Information Network", which was renamed as He Xun Network 1999 in May. Since then, Hexun.com and others have repeatedly sought overseas listing, but all failed.