风暴中的红杉树（In a storm,）.doc

风暴中的红杉树（In a storm,） The bank and the entrepreneurial experience for Shen Napeng in the investment market, and now he was in the financial crisis saw huge opportunities Chinese consumption. Since 1992 to enter the Wall Street, this is what I experienced a listing of the most difficult. Sequoia Capital China founder and managing partner of Shen Napeng long breath. In October 22nd, he invested in the beginning of this year, and the business (01387.HK) listed on the Hongkong stock exchange, the opening price of 1.13 yuan finally closed at 1.18 yuan, HK $3 billion 390 million of financing. As of November 14th, still adhere to the opening price, in the personal independence of conduct fell a voice of the Hongkong stock market. In such a market situation, into such large sums of money is a very easy thing. Even if the market veteran Shen Napeng also quite lucky. 3 months ago, venture capitalists were basking in the sunshine of the market, an instant winter comes. According to Zero2IPO statistics, the three quarter is 28 Chinese listed companies at home and abroad, but in October, the domestic A shares listed into the vacuum, and the people and the business is the only Chinese of overseas listed companies. As the main risk investment exit mechanism IPO is stalled. For people and business, this is a challenge, but it is also a chance. The opposite of Shen Napeng said some vulgar of old. The downturn in the market, listing and the business went through a bloody road. The original plan listed 11 billion 700 million to HK $15 billion 600 million, subject to market conditions in August, and the commercial delayed time to market and the reduction in the scale of financing of HK $7 billion 800 million. The end result is still less than half the target. Against the benefits of listing, the downturn in the market even though the price is not ideal, but to get the money to get the chance of survival and development, had led his company through Ctrip Internet winter Shen Napeng has d