{"id":5865,"date":"2017-05-30T18:41:23","date_gmt":"2017-05-30T11:41:23","guid":{"rendered":"http:\/\/ttud.com.vn\/?p=5865"},"modified":"2017-10-03T11:17:37","modified_gmt":"2017-10-03T04:17:37","slug":"xu-huong-len-san-tai-my-cua-cac-ong-lon-cong-nghe-chau-a","status":"publish","type":"post","link":"https:\/\/casta.ttud.com.vn\/index.php\/xu-huong-len-san-tai-my-cua-cac-ong-lon-cong-nghe-chau-a\/","title":{"rendered":"Xu h\u01b0\u1edbng l\u00ean s\u00e0n t\u1ea1i M\u1ef9 c\u1ee7a c\u00e1c \u00f4ng l\u1edbn c\u00f4ng ngh\u1ec7 ch\u00e2u \u00c1"},"content":{"rendered":"

Alibaba, NTT Docomo, Sea c\u00f9ng h\u00e0ng lo\u1ea1t \u00f4ng l\u1edbn c\u00f4ng ngh\u1ec7 ch\u00e2u \u00c1 kh\u00e1c \u0111\u1ec1u ch\u1ecdn M\u1ef9 l\u00e0m \u0111i\u1ec3m kh\u1edfi \u0111\u1ea7u cho h\u00e0nh tr\u00ecnh g\u1ecdi v\u1ed1n quy m\u00f4 l\u1edbn c\u1ee7a m\u00ecnh.<\/strong><\/p>\n

\"\"<\/p>\n

Ng\u00e0y c\u00e0ng nhi\u1ec1u \u00f4ng l\u1edbn ch\u00e2u \u00c1 IPO t\u1ea1i M\u1ef9 v\u00e0 th\u00e0nh c\u00f4ng. \u1ea2nh: Wall Street Survivor.<\/p>\n

Chi\u1ec1u 29\/5 (gi\u1edd New York), Ch\u1ee7 t\u1ecbch ki\u00eam CEO c\u1ee7a VNG k\u00fd th\u1ecfa thu\u1eadn v\u1edbi \u00f4ng Bob McCooey v\u1ec1 vi\u1ec7c startup c\u00f4ng ngh\u1ec7 n\u00e0y s\u1ebd IPO tr\u00ean s\u00e0n ch\u1ee9ng kho\u00e1n l\u1edbn th\u1ee9 2 th\u1ebf gi\u1edbi. Theo gi\u1edbi ph\u00e2n t\u00edch M\u1ef9, \u0111\u00e2y s\u1ebd l\u00e0 c\u00f4ng ty Vi\u1ec7t Nam \u0111\u1ea7u ti\u00ean IPO tr\u00ean s\u00e0n ch\u1ee9ng kho\u00e1n M\u1ef9.<\/p>\n

Quy\u1ebft \u0111\u1ecbnh ch\u1ecdn NASDAQ \u0111\u1ec3 l\u00ean s\u00e0n c\u1ee7a VNG \u0111\u01b0\u1ee3c xem l\u00e0 ph\u00f9 h\u1ee3p nh\u1ea5t v\u1edbi m\u1ed9t startup c\u00f4ng ngh\u1ec7 b\u1edfi \u0111\u00e2y ch\u00ednh l\u00e0 ti\u1ec1n \u0111\u1ec1 \u0111\u1ec3 nhi\u1ec1u \u00f4ng l\u1edbn c\u00f4ng ngh\u1ec7 ch\u00e2u \u00c1 c\u1ea5t c\u00e1nh.<\/p>\n

Theo th\u1ed1ng k\u00ea c\u1ee7a NASDAQ, hi\u1ec7n c\u00f3 kho\u1ea3ng 205 c\u00f4ng ty ch\u00e2u \u00c1 ch\u1ecdn s\u00e0n ch\u1ee9ng kho\u00e1n l\u1edbn th\u1ee9 2 th\u1ebf gi\u1edbi n\u00e0y \u0111\u1ec3 IPO, trong \u0111\u00f3 c\u00f3 nh\u1eefng g\u00e3 kh\u1ed5ng l\u1ed3 c\u00f4ng ngh\u1ec7 nh\u01b0 Alibaba (tr\u1ecb gi\u00e1 313,7 t\u1ef7 USD), China Mobile (227,6 t\u1ef7 USD), NTT Docomo (90 t\u1ef7 USD), Sony (46,3 t\u1ef7 USD).<\/p>\n

M\u1edbi \u0111\u00e2y, startup c\u00f4ng ngh\u1ec7 l\u1edbn nh\u1ea5t \u0110\u00f4ng Nam \u00c1 l\u00e0 Sea (tr\u01b0\u1edbc \u0111\u00e2y l\u00e0 Garena) \u0111\u01b0\u1ee3c cho s\u1ebd ho\u00e0n t\u1ea5t th\u1ee7 t\u1ee5c IPO t\u1ea1i M\u1ef9 v\u00e0o \u0111\u1ea7u n\u0103m 2018, theo Bloomberg, cho th\u1ea5y tr\u00e0o l\u01b0u l\u00ean s\u00e0n t\u1ea1i M\u1ef9 \u0111ang ng\u00e0y c\u00e0ng th\u1ecbnh h\u00e0nh v\u1edbi c\u00e1c \u00f4ng l\u1edbn c\u00f4ng ngh\u1ec7 ch\u00e2u \u00c1.<\/p>\n

M\u1ef9 – \u0111i\u1ec3m \u0111\u1ebfn c\u1ee7a c\u00e1c \u00f4ng l\u1edbn c\u00f4ng ngh\u1ec7 ch\u00e2u \u00c1<\/p>\n

V\u00e0o ng\u00e0y 19\/9\/2014, t\u1eadp \u0111o\u00e0n Alibaba ch\u00ednh th\u1ee9c ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu l\u1ea7n \u0111\u1ea7u ra c\u00f4ng ch\u00fang (IPO), thu v\u1ec1 g\u1ea7n 25 t\u1ef7 USD. \u0110\u00e2y l\u00e0 c\u1ed5 phi\u1ebfu c\u00f3 m\u00e0n ra m\u1eaft \u1ea5n t\u01b0\u1ee3ng nh\u1ea5t th\u1ebf gi\u1edbi. Trang IPOboutique nh\u1eadn \u0111\u1ecbnh nh\u00e0 \u0111\u1ea7u t\u01b0 g\u1ea7n nh\u01b0 m\u1ea5t ki\u1ec3m so\u00e1t khi \u0111\u1eb7t l\u1ec7nh mua li\u00ean t\u1ee5c, \u0111\u1ea9y gi\u00e1 c\u1ed5 phi\u1ebfu BABA cu\u1ed1i ng\u00e0y l\u00ean m\u1ee9c 68 USD\/c\u1ed5 phi\u1ebfu, t\u0103ng 38% so v\u1edbi gi\u00e1 c\u1ee7a \u0111\u1ea7u phi\u00ean giao d\u1ecbch.<\/p>\n

Jack Ma, \u0111\u1ed3ng s\u00e1ng l\u1eadp ki\u00eam CEO Alibaba c\u0169ng so\u00e1n ng\u00f4i v\u01b0\u01a1ng c\u1ee7a nh\u00e0 t\u00e0i phi\u1ec7t Hong Kong l\u00e0 Li Ka-shing \u0111\u1ec3 tr\u1edf th\u00e0nh t\u1ef7 ph\u00fa gi\u00e0u nh\u1ea5t ch\u00e2u \u00c1 v\u1edbi t\u1ed5ng t\u00e0i s\u1ea3n \u0111\u01b0\u1ee3c Bloomberg \u01b0\u1edbc t\u00ednh kho\u1ea3ng 28,6 t\u1ef7 USD. Jack Ma ki\u1ebfm \u0111\u01b0\u1ee3c 25 t\u1ef7 USD ch\u1ec9 trong n\u0103m 2014, trong \u0111\u00f3 h\u01a1n m\u1ed9t n\u1eeda l\u00e0 t\u1eeb vi\u1ec7c s\u1edf h\u1eefu 6,3% c\u1ed5 ph\u1ea7n c\u1ee7a Alibaba.
\nNgo\u00e0i Alibaba, hai \u00f4ng l\u1edbn c\u00f4ng ngh\u1ec7 Trung Qu\u1ed1c kh\u00e1c l\u00e0 Weibo v\u00e0 Momo c\u0169ng ch\u1ecdn 2014 l\u00e0 n\u0103m ch\u00ednh th\u1ee9c IPO. 2 \u0111\u1ea1i gia n\u00e0y hi\u1ec7n c\u00f3 gi\u00e1 tr\u1ecb th\u1ecb tr\u01b0\u1eddng l\u1ea7n l\u01b0\u1ee3t 16,9 v\u00e0 7,6 t\u1ef7 USD.<\/p>\n

T\u1ea1i \u0110\u00f4ng Nam \u00c1, th\u00f4ng tin startup l\u1edbn nh\u1ea5t khu v\u1ef1c l\u00e0 Sea (tr\u01b0\u1edbc \u0111\u00e2y \u0111\u01b0\u1ee3c bi\u1ebft \u0111\u1ebfn v\u1edbi c\u00e1i t\u00ean Garena) r\u1ee5c r\u1ecbch IPO thu h\u00fat s\u1ef1 quan t\u00e2m c\u1ef1c l\u1edbn c\u1ee7a gi\u1edbi \u0111\u1ea7u t\u01b0. Theo Bloomberg, Sea c\u00f3 th\u1ec3 thu h\u00fat kho\u1ea3n \u0111\u1ea7u t\u01b0 1 t\u1ef7 USD trong l\u1ea7n IPO n\u00e0y. Trong l\u1ea7n g\u1ecdi v\u1ed1n g\u1ea7n nh\u1ea5t, h\u00e3ng thu v\u1ec1 170 tri\u1ec7u USD, \u0111\u1ea1t gi\u00e1 tr\u1ecb 3,75 t\u1ef7 USD \u1edf th\u1eddi \u0111i\u1ec3m th\u00e1ng 3\/2016, bi\u1ebfn c\u00f4ng ty n\u00e0y th\u00e0nh startup l\u1edbn nh\u1ea5t \u0110\u00f4ng Nam \u00c1.<\/p>\n

Sea cho bi\u1ebft h\u1ecd s\u1ebd d\u00f9ng s\u1ed1 v\u1ed1n m\u1edbi \u0111\u1ec3 \u0111\u1ea7u t\u01b0 v\u00e0o th\u01b0\u01a1ng m\u1ea1i \u0111i\u1ec7n t\u1eed. \u0110\u00f4ng Nam \u00c1 \u0111\u01b0\u1ee3c \u0111\u00e1nh gi\u00e1 l\u00e0 m\u1ed9t trong nh\u1eefng th\u1ecb tr\u01b0\u1eddng th\u01b0\u01a1ng m\u1ea1i \u0111i\u1ec7n t\u1eed ph\u00e1t tri\u1ec3n b\u00f9ng n\u1ed5 nh\u1ea5t, theo Techcrunch. \u0110\u00f3 c\u0169ng l\u00e0 l\u00fd do Alibaba quy\u1ebft \u0111\u1ecbnh th\u00e2u t\u00f3m Lazada v\u1edbi gi\u00e1 1 t\u1ef7 USD v\u00e0o n\u0103m 2016.<\/p>\n

T\u1ea1i sao ch\u1ecdn IPO t\u1ea1i M\u1ef9?<\/p>\n

Trung Qu\u1ed1c l\u00e0 th\u1ebf l\u1ef1c kinh t\u1ebf h\u00e0ng \u0111\u1ea7u th\u1ebf gi\u1edbi, Hong Kong l\u00e0 trung t\u00e2m t\u00e0i ch\u00ednh kinh t\u1ebf ch\u00e2u \u00c1 nh\u01b0ng nhi\u1ec1u c\u00f4ng ty l\u1edbn ch\u1ecdn New York l\u00e0m n\u01a1i IPO. Trong n\u0103m 2014, th\u1eddi \u0111i\u1ec3m Alibaba IPO tr\u00ean s\u00e0n NASDAQ, c\u00f3 \u0111\u1ebfn 30 c\u00f4ng ty kh\u00e1c c\u1ee7a Trung Qu\u1ed1c ch\u00ednh th\u1ee9c tham gia s\u00e0n ch\u1ee9ng kho\u00e1n M\u1ef9, m\u1edf ra l\u00e0n s\u00f3ng IPO t\u1ea1i M\u1ef9 l\u1edbn ch\u01b0a t\u1eebng c\u00f3 c\u1ee7a c\u00e1c \u00f4ng l\u1edbn ch\u00e2u \u00c1.<\/p>\n

M\u1ed9t \u0111i\u1ec1u \u0111\u01a1n gi\u1ea3n m\u00e0 ai c\u0169ng th\u1ea5y \u0111\u01b0\u1ee3c \u0111\u00f3 l\u00e0 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 ph\u01b0\u01a1ng T\u00e2y lu\u00f4n c\u00f3 s\u1eb5n ti\u1ec1n trong t\u00fai v\u00e0 \u0111\u00edch ng\u1eafm c\u1ee7a h\u1ecd l\u1ea1i ch\u00ednh l\u00e0 c\u00e1c c\u00f4ng ty m\u1edbi n\u1ed5i ch\u00e2u \u00c1, theo Valuewalk. Thay v\u00ec ch\u1ecdn Th\u01b0\u1ee3ng H\u1ea3i (SE), Hong Kong (Hang Seng) hay Tokyo (Nikkei), th\u1ecb tr\u01b0\u1eddng ph\u01b0\u01a1ng T\u00e2y c\u00f3 quy m\u00f4 l\u1edbn h\u01a1n nhi\u1ec1u (t\u1ea5t nhi\u00ean \u0111i k\u00e8m v\u1edbi \u0111\u00f3 l\u00e0 nhi\u1ec1u \u0111\u00f2i h\u1ecfi kh\u1eaft khe).<\/p>\n

Quy m\u00f4 th\u1ecb tr\u01b0\u1eddng l\u1edbn, nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 ti\u1ec1m n\u0103ng v\u00e0 c\u01a1 ch\u1ebf th\u00f4ng tho\u00e1ng cho c\u00e1c c\u00f4ng ty ni\u00eam y\u1ebft l\u00e0 l\u00fd do nhi\u1ec1u startup ch\u00e2u \u00c1 ch\u1ecdn M\u1ef9 l\u00e0m n\u01a1i \u0111\u1ec3 IPO.<\/p>\n

Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n M\u1ef9 th\u1ef1c s\u1ef1 kh\u1ed5ng l\u1ed3 v\u00e0 l\u00e0 m\u1ea3nh \u0111\u1ea5t c\u1ee7a nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 l\u1edbn nh\u1ea5t th\u1ebf gi\u1edbi, nh\u1eefng ng\u01b0\u1eddi s\u1eb5n s\u00e0ng \u0111\u1ed5 ti\u1ec1n v\u00e0o c\u00e1c c\u00f4ng ty IPO m\u1edbi. Quan tr\u1ecdng h\u01a1n, vi\u1ec7c nhi\u1ec1u c\u00f4ng ty ch\u00e2u \u00c1 c\u00f3 nh\u1eefng m\u00e0n IPO th\u00e0nh c\u00f4ng nh\u01b0 Alibaba khi\u1ebfn c\u00e1c startup c\u00e0ng c\u00f3 ni\u1ec1m tin m\u1ea1nh m\u1ebd.
\nHong Kong, trong khi \u0111\u00f3 \u2013 \u0111\u01b0a ra nh\u1eefng y\u00eau c\u1ea7u ni\u00eam y\u1ebft \u0111\u01b0\u1ee3c cho l\u00e0 kh\u00f4ng h\u1ea5p d\u1eabn \u0111\u1ed1i v\u1edbi c\u00f4ng ty. C\u1ee5 th\u1ec3, Hong Kong lu\u00f4n \u0111\u1eb7t quy\u1ec1n l\u1ee3i c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 l\u00e0m \u01b0u ti\u00ean h\u00e0ng \u0111\u1ea7u. V\u1ec1 c\u01a1 b\u1ea3n, n\u00f3 mang \u0111\u1ebfn nhi\u1ec1u l\u1ee3i \u00edch nh\u01b0ng n\u00f3 khi\u1ebfn c\u00e1c nh\u00e0 s\u00e1ng l\u1eadp c\u00f4ng ty kh\u00f4ng t\u1ef1 b\u1ea3o v\u1ec7 \u0111\u01b0\u1ee3c m\u00ecnh tr\u01b0\u1edbc c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0.<\/p>\n

Ch\u1eb3ng h\u1ea1n, trong tr\u01b0\u1eddng h\u1ee3p c\u1ee7a Alibaba, l\u00e3nh \u0111\u1ea1o c\u00f4ng ty n\u00e0y mu\u1ed1n n\u1eafm quy\u1ec1n t\u1ef1 quy\u1ebft v\u1ec1 vi\u1ec7c b\u1ea7u ai l\u00e0m Ch\u1ee7 t\u1ecbch h\u1ed9i \u0111\u1ed3ng Qu\u1ea3n tr\u1ecb. Lu\u1eadt c\u1ee7a Hong Kong \u2013 trong khi \u0111\u00f3 \u2013 \u0111\u1ed1i x\u1eed v\u1edbi m\u1ecdi nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u01b0 nhau. Do \u0111\u00f3, nh\u00e0 s\u00e1ng l\u1eadp c\u00f4ng ty kh\u00f4ng c\u00f3 ti\u1ebfng n\u00f3i l\u1edbn h\u01a1n so v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 kh\u00e1c.<\/p>\n

Trong khi \u0111\u00f3, The Street \u0111\u00e1nh gi\u00e1 IPO t\u1ea1i M\u1ef9 mang \u0111\u1ebfn c\u1ea3m gi\u00e1c an to\u00e0n v\u00e0 ph\u00e1t tri\u1ec3n b\u1ec1n v\u1eefng cho c\u00e1c c\u00f4ng ty ch\u00e2u \u00c1.<\/p>\n

T\u1ea1i sao ph\u1ea3i l\u00e0 NASDAQ?<\/p>\n

S\u00e0n NASDAQ ra \u0111\u1eddi n\u0103m 1971. So v\u1edbi NYSE (1792), n\u00f3 ch\u1ec9 nh\u01b0 m\u1ed9t h\u1eadu b\u1ed1i. Tuy nhi\u00ean, NASDAQ \u0111\u01b0\u1ee3c coi l\u00e0 \u0111i\u1ec3m \u0111\u1ebfn c\u1ee7a nh\u1eefng k\u1ebb t\u00e2n ti\u1ebfn, ch\u1eb3ng h\u1ea1n c\u00e1c \u00f4ng l\u1edbn c\u00f4ng ngh\u1ec7 trong khi NYSE ph\u00f9 h\u1ee3p v\u1edbi c\u00e1c c\u00f4ng ty c\u1ed5 \u0111i\u1ec3n.<\/p>\n

Nh\u1eefng c\u00f4ng ty ni\u00eam y\u1ebft t\u1ea1i NYSE th\u01b0\u1eddng c\u00f3 quy m\u00f4 l\u1edbn, h\u01b0\u1edbng \u0111\u1ebfn ph\u00e1t tri\u1ec3n ch\u1eadm nh\u01b0ng b\u1ec1n v\u1eefng. Trong khi \u0111\u00f3, c\u00f4ng ty ni\u00eam y\u1ebft t\u1ea1i NASDAQ th\u01b0\u1eddng h\u01b0\u1edbng \u0111\u1ebfn m\u1ee5c ti\u00eau t\u0103ng tr\u01b0\u1edfng, theo Investopedia. T\u1ea5t nhi\u00ean, nh\u1eadn \u0111\u1ecbnh n\u00e0y kh\u00f4ng \u0111\u00fang trong m\u1ecdi tr\u01b0\u1eddng h\u1ee3p.<\/p>\n

Chi ph\u00ed l\u00e0 m\u1ed9t v\u1ea5n \u0111\u1ec1 kh\u00e1c khi\u1ebfn nhi\u1ec1u c\u00f4ng ty NASDAQ. Ch\u1eb3ng h\u1ea1n, m\u1ed9t c\u00f4ng ty mu\u1ed1n ni\u00eam y\u1ebft 75 tri\u1ec7u c\u1ed5 phi\u1ebfu t\u1ea1i NYSE, h\u1ecd ph\u1ea3i b\u1ecf ra 300.000 USD k\u00e8m ph\u00ed th\u01b0\u1eddng ni\u00ean l\u00e0 69.750 USD trong khi n\u1ebfu ni\u00eam y\u1ebft t\u1ea1i NASDAQ, m\u1ee9c ph\u00ed nhi\u1ec1u nh\u1ea5t h\u1ecd ph\u1ea3i b\u1ecf ra l\u00e0 225.000 USD k\u00e8m 68.500 USD ph\u00ed th\u01b0\u1eddng ni\u00ean.<\/p>\n

\u0110\u1ee9c Nam<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Alibaba, NTT Docomo, Sea c\u00f9ng h\u00e0ng lo\u1ea1t \u00f4ng l\u1edbn c\u00f4ng ngh\u1ec7 ch\u00e2u \u00c1 kh\u00e1c \u0111\u1ec1u ch\u1ecdn M\u1ef9 l\u00e0m \u0111i\u1ec3m kh\u1edfi \u0111\u1ea7u cho h\u00e0nh tr\u00ecnh g\u1ecdi v\u1ed1n quy m\u00f4 l\u1edbn c\u1ee7a m\u00ecnh. Ng\u00e0y c\u00e0ng nhi\u1ec1u \u00f4ng l\u1edbn ch\u00e2u \u00c1 IPO t\u1ea1i M\u1ef9 v\u00e0 th\u00e0nh c\u00f4ng. \u1ea2nh: Wall Street Survivor. Chi\u1ec1u 29\/5 (gi\u1edd New York), Ch\u1ee7 t\u1ecbch […]<\/p>\n","protected":false},"author":17,"featured_media":6588,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"class_list":["post-5865","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tin-tuc"],"_links":{"self":[{"href":"https:\/\/casta.ttud.com.vn\/index.php\/wp-json\/wp\/v2\/posts\/5865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casta.ttud.com.vn\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casta.ttud.com.vn\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casta.ttud.com.vn\/index.php\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/casta.ttud.com.vn\/index.php\/wp-json\/wp\/v2\/comments?post=5865"}],"version-history":[{"count":2,"href":"https:\/\/casta.ttud.com.vn\/index.php\/wp-json\/wp\/v2\/posts\/5865\/revisions"}],"predecessor-version":[{"id":6589,"href":"https:\/\/casta.ttud.com.vn\/index.php\/wp-json\/wp\/v2\/posts\/5865\/revisions\/6589"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/casta.ttud.com.vn\/index.php\/wp-json\/wp\/v2\/media\/6588"}],"wp:attachment":[{"href":"https:\/\/casta.ttud.com.vn\/index.php\/wp-json\/wp\/v2\/media?parent=5865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casta.ttud.com.vn\/index.php\/wp-json\/wp\/v2\/categories?post=5865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casta.ttud.com.vn\/index.php\/wp-json\/wp\/v2\/tags?post=5865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}