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Chapter 1293 Go to the New York Stock Exchange to Ring the Bell

September 13, New York Stock Exchange.

There are three major stock exchanges in the United States, the New York Stock Exchange, the US Exchange, and the newly established Nasdaq Stock Exchange for more than a decade.

In later China, when it comes to overseas listings, the first thing many people think of is the Nasdaq Exchange, because many technology stocks in the mainland are listed on this exchange.

For example, Du Niang and Alibaba are all famous network technology companies in later generations.

In addition, large companies like Apple are also listed on Nasdaq.

There are more companies listed on Nasdaq in general technology.

The trading method of Nasdaq is different from that of the New York Stock Exchange and the US Stock Exchange.

Physical companies, especially large companies, generally choose New York Stock Exchange.

Because compared to the New York Stock Exchange, the New York Stock Exchange is much more formal.

Of course, the requirements are naturally much higher.

As for the US Exchange, it is a bit difficult to get up or down. The trading method is the same as the New York Stock Exchange, and its targets are generally small and medium-sized companies.

Phoenix Clothing Group can be regarded as a large group of companies. Before listing, its total assets were nearly one billion US dollars. This is a market value asset that many other companies cannot achieve after listing.

In fact, except for those old companies that are unwilling to go public, or those state-owned companies, none of them will be like Mr. Wu. The company's business has developed to a global scale, and the company has not yet been listed.

However, in fact, there are many companies like this in Wu’s name.

Therefore, as soon as Phoenix Clothing Group is listed, it is definitely a large company.

Several directors and heads of Phoenix Clothing Group gathered together. As the chairman, Wu Cheng led them to conduct the opening bell ringing ceremony held by the New York Stock Exchange for them.

In addition to Chairman Wu, the participants also included Carlorian, President of Phoenix Clothing Group, Father Zhong, Regional Manager of Southeast Asia, Lafayette, Regional Manager of Europe and the United States, and several people in charge of the company under the name of Mr. Wu who later purchased some shares from Mr. Wu.

After the bell ringing ceremony, the stock officially opened for sale.

At the beginning, the issue price of Phoenix Clothing was three US dollars per share, but now the opening price has jumped directly from Sanmei to six US dollars, doubled, but these newly released stocks were directly bought away. Then the stock price gradually increased steadily, from the opening at 9:00 in the morning to the market closing time at noon, it has jumped from six US dollars per share to twelve US dollars per share.

People who hold this stock in their hands but do not sell it will be crazy.

The most fun one may be the more than 20,000 employees under Phoenix Clothing Group.

Although many of these employees have less than 10,000 shares of stock.

But even if there are only 5,000 shares, it has grown four times in this half day.

You know, during this period, even a good car can be handled by tens of thousands of dollars in the United States. This is much better than their exhausting work.

The market value of the entire Phoenix Clothing Group has tripled compared with the issue price.

When Phoenix Clothing issues stocks, it is originally issued at a premium.

Now, a rough estimate is that the market value of Phoenix Clothing is now 11 to 2 billion US dollars. This means that the company's assets have increased eleven or twice.

When Mr. Wu got the news, Bar tilted his lips and thought to himself: No wonder so many people want to let the company go public! It’s just half a day since the listing went public. How much money can he make if he waited for a few days before selling the company?

Mr. Wu wanted to turn his fingers up to calculate, but soon discovered that his fingers were not enough.

He coughed lightly, put away his fingers calmly, and secretly scolded himself for not being calm enough, and actually learned how Xiaoxianxian and the others calculated. It was so naive.

But thinking about the past half day, my assets in this company have increased so many times, and it is difficult for me to calm down easily.

Because this temptation is too great, so big that he can't help but want to list other companies. What would happen if other companies also go public?

Thinking of that situation, his heartbeat suddenly increased a little.

After a long time, he clenched his fists, exhaled slowly, shook his head, and threw this crazy idea out of his mind. He felt that the reason why Phoenix Clothing had such crazy behavior was closely related to his continued suppression of his company listing.

Just like hunger marketing!

If all other companies go public, the effect will definitely not be so good, because in this way, investors will have more choices. Once they have more choices, the funds will definitely be dispersed.

However, because his companies are profitable, the stock price will grow steadily, which is predictable. But it is probably not as crazy as it is now.

Of course, this is just his own estimate. No one can say whether this will happen. Because he has already wiped out this crazy idea, the answer can only be possible.

The market closing time ended and the stock market opened in the afternoon. The stock price of Phoenix Clothing Group was still rising all the way. Because there were still many people who did not buy stocks in the morning.

Phoenix Clothing Group was founded by Mr. Wu. His fashion elements have always led the global fashion of clothing, especially after Lafayette joined Phoenix Clothing.

Although Mr. Wu rarely designs clothing artworks for Phoenix Clothing, with the fashion master Lafayette, Phoenix Clothing can still compete with those world-renowned clothing brands, and even remain in a leading position.

Of course, this is also inseparable from the brand endorsement of Wu and his family as Phoenix Clothing. Wu is a world-renowned figure, and the effect he drives with every move is immeasurable. How many teenagers take him as an example is the power of idols.

When Wu and his men continued to ring the bell in the evening and the stock market closed, the stock price of Phoenix Clothing Group had soared from twelve dollars at noon to twenty dollars.

On this day, Phoenix Clothing rose from six dollars to twenty dollars. Although the price of twenty dollars per share was actually not crazy in the eyes of later generations.

When Du Niang went public, the issue price was already more than twenty dollars, the opening price was fifty or sixty dollars, and when the market closed, its stock price rose directly to more than one hundred dollars.

This is equivalent to the closing price being more than four times higher than the issue price.

However, if you carefully calculate the increase in Phoenix Clothing, you will find that it has increased by more than six times compared to the issue price. Moreover, this is not a year, but a day.

So, at this time, countless people went crazy.

Especially the employees of Phoenix Clothing Company, although they only subscribed at most 10,000 shares of stock, even so, 10,000 shares are only 200,000 US dollars!

If it is exchanged for Hong Kong dollars, it will be almost two million.

Some senior executives subscribed 100,000 shares of stocks, which means that on this day, countless millionaires have been born, with units of US dollars.

According to statistics, on this day, there were twelve billionaires and more than thirty millionaires created by Phoenix Clothing, and there were countless millionaires.

These twelve billionaires are the twelve after Wu and Zhong’s father. They are all new shareholders of Phoenix Clothing, including Carlorian and Lafayette.

At this time, those who have basically the stock prices of several companies but have not yet been listed have begun to look forward to it.

They also hope that Mr. Wu’s other companies can be so fierce when they go public.

Create more wealthy people.

In fact, many of the people in charge who followed Mr. Wu were already billionaires. Because at the end of each year, they could get a portion of their dividends.

But other executives are not so lucky. Although they received a lot of dividends at the end of the year, this dividend is less and cannot be compared with those presidents.

So, what we are more looking forward to are the middle and senior managers, who also hope that they can take this opportunity to jump into tens of millions or billionaires.

That night, Mr. Wu held a celebration party in New York, inviting many well-known wealthy people to support him. Among them, in addition to the Morgan family and the Rockefeller family, there are also rookies in capital markets like Buffett and Soros.

Even New York Real Estate Enjoys Trump is in his case.

In fact, some real estate in New York were purchased through this guy.

At the same time, all the employees of Phoenix Clothing Company around the world began to celebrate spontaneously because some of them were considered millionaires. Although the unit of currency may be only Hong Kong dollars, or Baodao coins... But no matter what, the wallets in their pockets are bulging, which is something worth celebrating!

The next day, financial newspapers around the world praised Wu's Phoenix Clothing Group. Although the stock of Phoenix Clothing has risen wildly, countless people are still optimistic about its potential and feel that its potential has not been fully realized.

Then the next day when the exchange opened, the stock began to grow again.

This situation lasted until half a month later, when Wu's second company, Yitong instant noodles company, went public, went public.

At this time, the stock price of Phoenix Clothing has increased from US$20 on the first day to more than US$60 now.

The market value of Phoenix Clothing has increased directly from nearly 3 billion US dollars at the time of the issue price to more than 60 billion today. This is a data that makes people feel crazy and is also a data that many people think is unhealthy. While many people call this situation incredible, it is also said to be inflated by countless people. They think this stock has been completely hyped up and believe it will fall soon.

As a result, when Yitong instant noodles were launched, Phoenix Clothing really began to plummet.

Phoenix Clothing exploded, while Yitong instant noodles surged.

This is a very interesting picture that many people think.

The issuance price of Yitong instant noodles is only one dollar, but the opening price is two dollars, and at the close, it had risen to eight dollars.

Although not as exaggerated as Phoenix Clothing, it is still very strong.

Many people say that this is the money earned by investors from Phoenix Clothing and invested in Yitong instant noodles. It can be imagined that the stock price of Yitong instant noodles company will continue to grow in the next ten days, and may even stage a crazy legend like Phoenix Clothing.

The facts also seem to be changing like this. The stock price of Phoenix Clothing continues to fall. Many investors have made money, but many investors have also lost money.

However, the unified instant noodles are still firm and continue to rise.

Ten days later, its stock price has grown from eight dollars at the end of the first day to more than thirty dollars. Compared to Phoenix Clothing, it seems not that crazy.

But thinking about it carefully, it is still crazy because its opening price is only two dollars.

At this time, the stock price of Phoenix Clothing has dropped from more than 60 US dollars to more than 40 US dollars now. In more than ten days, it has dropped more than 30%.

Those who lose money will always be at the end. Those who walk at the front have already eaten the first bite of the cake, then found the next cake and continued to taste it.

And this time, everyone seemed to have learned their lesson. When the stock price of Yitong instant noodles rose to more than 30 yuan, it began to slowly decline because someone had already dealt with the stock in his hand and was waiting for Mr. Wu's third company to go public.

The third listed company is Tianbao Beverage, which is also the last company under his name to be listed on the New York Stock Exchange. Several other companies, such as Wanjiafu Supermarket, will be listed on Baodao.

The rest will not be available now, but may be at the end of the year or next year.

But no matter what, after this month of tossing, Mr. Wu's assets have grown a lot. Of course, these growth can only be considered market value.

As many people say, it's a bit empty.

But no matter what, if the 300 billion Hong Kong dollars calculated for him before, the listing of Phoenix Clothing and Uni-President instant noodles will more than double his assets.

Phoenix Clothing used to have assets of less than one billion US dollars, but he only had assets of less than seven hundred million US dollars. But now? Even though he now has only more than 50% of Phoenix Clothing, the market value of Phoenix Clothing is more than 40 billion US dollars.

Although the market value is still much more inflated and it is still not shrinking, no matter how much it shrinks, there should be no problem with the future market value of 30 billion US dollars.

With a market value of 30 billion US dollars, he accounts for 15 billion US dollars, which is directly increased by more than 14 billion US dollars compared with less than 700 million US dollars before.

If it is exchanged for Hong Kong dollars, it will be nearly 130 to 40 billion Hong Kong dollars.

In addition, in the view of Yitong instant noodles, to outsiders, just two companies have listed, and its total assets are already as high as more than 600 billion Hong Kong dollars. It is terrifying to think about it.

Now many people believe that when the next few companies go public, their total assets will definitely reach the trillion-dollar mark.

A trillionaire, this is something that countless people think of as incredible.

Because, this rich man is only twenty-six years old.
Chapter completed!
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