Rebirth 1999: Opening the Age of Black Technology

Chapter 569 Detonation of A Shares

September 5, 2005, Shenzhen Stock Exchange, Shenzhen Stock Exchange.

Wang Xiang, Wen Qi, Wu Jun and others gathered together.

In addition to the executives of Changtian Technology and its subsidiaries, relevant managers in Jiangzhou and Shenzhen, as well as the partners of Changtian Technology are also here.

Everyone will witness this moment!

The listing of Yuedong Internet has attracted great attention from the technology and financial industries.

Similar to unicorn companies like Yuedong Internet, Xia Guo is actually not too few.

The new era of Baidu, Penguin, the old batch of Xinlang, Huohu, etc. are all of this type of companies.

But without exception, these companies choose to list in regions other than mainland China, such as Nasdaq in the United States or Hong Kong City.

Because most of these companies think about cutting leeks overseas, the purpose of formula listing is to cut leeks, and profit is relatively secondary. .

And Yuedong Internet chose to list on the Shanghai Stock Exchange, which is to allow domestic investors to invest in Xiaguo's technology industry, and to provide investors with maximum returns while raising social funds.

This time, the listing of Yuedong Internet was broadcast live by Jiangzhou TV station.

Although Changtian Technology has relocated its headquarters and research institutions to Changzezhou or the Shanghai Stock Exchange, most of its industries are still in Jiangzhou, including Yuedong Internet.

Yuedong Internet is one of the few listed companies in Jiangzhou. The whole Jiangzhou has a bright face, so Jiangzhou TV station will broadcast live coverage.

Chen Xiao sat in the office and watched the live broadcast of the TV station. This time the company should produce several millionaires and millionaires.

Before the IPO, Changtian Technology owned 72.5% of the shares (20% of which was the option pool), Baidu owned 12.75% of the shares, and idg owned 14.75%. In the used option pool, company executives Wang Xiang holds 5%, Zhou Linghua 3.5%, Sun Dong 2%, Gao Miao 1%, and the remaining 1% are held by outstanding employees of the company.

After the IPO, Changtian Technology owns 1.31818 billion shares, accounting for about 65.91% (including the option pool), because of the additional issuance of shares, Baidu owns 231.818 million shares (about 11%), and idg owns 268.1818 million shares. shares (about 13.09%), in the used option pool, Wang Xiang holds 90 million shares (about 4.54%)...Sun Dong holds 36.36 million shares (about 1.818%), Gao Miao holds 18.18 million shares (accounting for about 0.91% of the shares), and other senior executives and talents of Changtian Technology also hold a total of 18.18 million shares (accounting for about 0.91% of the shares).

The equity of the original shareholders will be diluted to the first degree after the listing, but with the increase of the market value of the stock, the value of the stock held will continue to rise.

Even if the current listing price of Yuedong Internet is 5.43 yuan, Wang Xiang's stock is worth 480 million, Sun Dong and Zhou Linghua are also hundreds of millions of shares, and Gao Miao's stock is also worth more than 97 million, becoming a veritable name. Local tycoon.

This can also be regarded as a person who has attained the Tao and ascended to heaven.

However, Chen Xiao felt that his team had followed him for so many years, and this was because they had won more rewards.

Why do so many start-up companies try to make their ppt a little more beautiful, attract three rounds of financing, and then try to make an IPO.

Because only after the IPO, the team of the start-up company can exchange the stock in hand for a large amount of cash.

For many entrepreneurial teams, the products they produce and design do not make money, but they make money after the idea is listed on the market.

When many companies go public, it is the time when the entrepreneurial team leaves.

In the past, as soon as the company's stock was listed, the executives immediately reduced their holdings, sold the stock, cashed out wildly, and cut the leeks of the shareholders.

As for the future profitability of the company, this is not within the scope of the entrepreneurial team's consideration.

Therefore, in order to prevent the original shareholders from frantically reducing their holdings and cashing out when the company goes public.

Xia Guoxiang, the China Securities Regulatory Commission and relevant departments have also made regulations. During a certain period before and after the stock listing, the original stock of the shareholder is frozen and cannot be reduced.

This is also why, when many stocks can be lifted after the shareholders' freeze period expires, the stock price first rises (to facilitate shareholders' shipments) and then falls continuously, cutting leeks.

However, Changtian Technology has made detailed regulations on executive shareholding and option pool stocks.

At present, all the original shareholders of Changtian Technology hold non-tradable shares.

Non-tradable shares will be slowly released from listing over time, which is a necessary means for companies to obtain more funds.

Even if the non-tradable shares cannot be listed, the equity can also be sold through auctions and other methods.

However, Changtian Technology stipulates that all executives and employees of Changtian Technology, if they want to sell their equity to non-company employees, must be reviewed and agreed by the company before they can buy or sell.

In this way, Changtian Technology can avoid equity from falling to people with ulterior motives.

Under this policy, employees of Changtian Technology can work for the company with peace of mind, and can also enjoy the dividends brought by capital.

For example, Wang Xiang, if he plans to retire successfully, he can sell his shares to the company or its employees, and to other investors or institutions under permitted conditions. At that time, Wang Xiang held hundreds of millions of yuan. There is no problem at all whether it is to enjoy the rest of your life or to invest in venture capital by yourself.

Another example is Song Yi, who also shared 100,000 shares of Yuedong Internet, with a total value of more than 500,000.

But Song Yi must be full of confidence in the company. As long as the stock price skyrockets, Song Yi's 100,000 shares are not a small number.

What about Chen Xiao?

Changtian Technology is a private enterprise, not a state-owned enterprise, nor a local enterprise, so Chen Xiao has an absolute controlling stake in Changtian Technology.

If you want to cash out, you can do it anytime.

But after being reborn for so many years, it would be meaningless if it was just for making money.

Shenzhen market, Shenzhen Stock Exchange scene.

Under the cheers of the guests, Wang Xiang banged the bell with a mallet wrapped in red splendor, and prayed that the financing would go well.

The time is exactly nine o'clock.

Wang Xiang represented Changtian Technology, and Sun Dong delivered speeches on behalf of Yuedong Internet.

At this time, the stockholders are waiting hard for the moment of listing on the exchange or in front of the computer.

In Rongcheng, white-collar Wang Wei sat in front of the company's computer, absent-minded.

He was very lucky, and he signed Yuedong Internet 2000 shares of Yuedong Internet in the new stock.

Wang Wei was very excited when he learned that the stock was going to be listed today.

Wang Wei's monthly salary is only 1,500 yuan. This time, he was investing in stocks behind his wife's back. After the success of the new venture, he has paid more than 10,000 yuan for the stock.

If the new shares fell sharply at the opening, Wang Wei's savings for more than a year would all be in vain.

Although the owner of Yuedong Internet is Changtian Technology, the quality is very good. But A-share is the field of leeks, one crop after another, and Wang Wei was personally afraid of being cut.

So Wang Wei stared at the big screen, and as long as the situation was not right, he would sell all of them immediately.

9:30 am, opening on time.

As expected, something unexpected happened.

Under the attention of the financial community of the whole country and even the whole world, Yuedong Internet opened from 5.43 and stretched in a straight line. In an instant, the stock price soared to more than 20 yuan and nearly quadrupled (in 2005, the new shares of Xiaguo, a parallel world, went public without a limit on the day of listing. limit).

Wang Wei's eyes were red because he saw that the profit of his stock had soared to more than 35,000 yuan!

This is equivalent to almost two years of savings for the Wang Wei family!

With this money, not to mention traveling abroad, my son's college tuition and living expenses are more than enough.

Wang Wei's hands trembled as he engaged in a fierce ideological struggle.

Is this to sell or not to sell!

If it is sold, what if it continues to rise?

Behind Yuedong Internet is Changtian Technology. Changtian Technology is very good in science and technology innovation and profitability. No private company in Xia Guo can match it.

Hold firmly!

Wang Wei's body trembled, and he made up his mind not to sell shares!

At the same time, among retail investors all over the country, some people are staring at the computer at home, and the older ones are in the business locations of major brokerages. Of course, the most concerned stock today is Yuedong Internet.

In the Shanghai stock market, Cao Fei (Old Leek), a professional stock of old investors, has been watching the market at home.

According to his old investor's understanding of the stock, it is very scary to quadruple the first day of the new stock listing, and it has almost reached its peak. Some new shares are listed, and the maximum increase is 30% to 40% on the day.

Cao Fei's luck is not as good as Wang Wei's. He didn't win the lottery of new shares, but he bought it from a securities company at a premium on the stock market.

(Xia Guo in the parallel world, when new shares were issued to the public in 2005, most of the shares were bought by middlemen and securities companies, and a small part was obtained by ordinary retail investors by winning the lottery. Therefore, before the stock is listed, the new shares allocated to him can be sold to retail investors at a premium. Cao Fei bought it in this way.)

Cao Fei bought 10,000 shares at 6 yuan, 80 cents, 7 yuan, and the total cost of funds excluding handling fees was 68,700 yuan.

Therefore, when watching Yuedong Internet vibrate around 20 yuan, according to the judgment of Cao Fei's professional old investor (old leek), it will fall if it is higher than the market for a long time. must fall.

Wang Wei chose not to sell shares, but Cao Fei chose to sell immediately.

He soon sold all 10,000 shares at a price of around 19 yuan 8.

This time, Cao Fei was relieved. He earned nearly 130,000 yuan for 10,000 shares. Cao Fei did not need to invest in stocks for the whole year this year, and he could live a good life.

But at this moment, the disk is changing rapidly.

The stock price of Yuedong Internet quickly broke through the highest price of the day, 20 yuan and 50 cents, and directly rushed to 25 yuan, and looking at the energy chart, the power of the buyer is very large, and the volume ratio is very powerful! The top of the time-sharing kdj is passivated, and the time-sharing Bollinger band runs along the upper rail standard! Time-sharing macd golden fork!

Nice picture!

Cao Fei's heart jumped!

This proves that the entire market is quite optimistic about sports internet, and 20 yuan may not be the end, but the starting point.

Cao Fei, an old stockholder, is not calm now. He thought that if he didn't sell when he was just over 19 yuan, and waited for the stock to rise to 25 yuan, wouldn't it make 50,000 yuan more for 10,000 shares?

Now it seems that 25 yuan is just getting started.

There are some anxious, Cao Fei can't calm down.

He forgot all the secrets and recipes for stock trading, such as the long-term decline of high-level stocks, the rise of low-level stocks for a long time, and the fact that there must be price and volume when there is quantity.

He bought all the 200,000 yuan of the principal and profit just now into Yuedong Internet, but he was not reconciled, and he studded all the remaining 100,000 yuan of his own!

Buy price 25 yuan!

Stud!

Stud!

Mancang stud is a kind of wisdom!

Cao Fei was very proud of his masterpiece just now.

Sure enough, Yuedong Internet continued to soar, rising directly to 31 yuan, and the stock price more than 5 times than the opening price, nearly 6 times.

Cao Fei was sober in his heart! The principal of more than 300,000 yuan just bought became more than 370,000 yuan in an instant.

Getting rich overnight can be that feeling.

However, something terrible finally happened.

When the stock price reached more than 30 yuan, Yuedong Internet suddenly faced a lot of selling.

The straight drop fell from 31 yuan to more than 20 yuan, then fell to more than 10 yuan, and finally fell to more than 8 yuan.

Yuedong Internet has left a long upper shadow line, and all indicators are all deformed!

In time-sharing graphics, this terrifying top lead has a professional term in the leek world and also means death.

Cao Fei was completely frightened.

This time, he not only lost all the profits just now, but also suffered a serious loss of principal.

Cao Fei regretted thinking about it, if only he hadn't been impulsive just now.

Unless he decides that every morning, no matter what the situation is, he will immediately cut the meat and clear the warehouse.

And Wang Wei saw that the stock price actually dropped from more than 20 yuan to more than 8 yuan, and the whole person was frightened.

People are afraid of greed!

Will it still fall!

Wang Wei quickly sold all the stocks in his hands, and finally made less than 30%.

Seeing such a profit, Wang Wei is still satisfied.

But the old leek Cao Fei and the new leek Wang Wei don't know that at this moment, the international financial market is staring at this piece of fat.

Moody's of the United States has even set a target price for Yuedong Internet to be more than 100 yuan in about two years, and it is normal for the market value to reach 100 billion yuan or more.

These speculators in the international financial market are trying their best to take this piece of fat out of the mouth of the leek.

In the end, at 3:00, the closing price of Yuedong Internet was 9 yuan 1 mao 2, an increase of about 70%.

This day is a carnival in the financial market. Last night, many brokerage companies gave research reports to Yuedong Internet.

Everyone is unanimously optimistic.

"Securities News": Yuedong Internet is backed by Changtian Technology~www.readwn.com~ relies on the hardware equipment of Changtian Technology to deeply develop the Internet ecological chain. piece.

"Huafeng Securities": Actively buy short-term target price of 25 yuan.

After Wang Wei and Cao Fei saw such news, they dismissed it.

Wang Wei: "Haha, you lied to me again tomorrow to pick up the order, we are not leeks."

Cao Fei: "Resolutely sell tomorrow."

Chen Xiao is not very concerned about the share price of Yuedong Internet, because as soon as Yuedong Internet is listed, he has already obtained financing, and this part of the financing will be used for the research and development and production of chip equipment immediately.

It doesn't matter whether the stock price is high or low, Chen Xiao personally doesn't speculate in stocks.

Being a man of two generations, Chen Xiao deeply knows that ordinary users will always be leeks in the A-share market, and there is only the difference between old leeks and new leeks, and of course leeks!

Of course, if users insist on value investment and long-term holding shares of Yuedong Internet, a subsidiary of Changtian Technology, they will definitely be able to make money.

But in the Xiaguo market, you asked everyone to stick to value investing. Are you kidding me?

What the **** is the "rose of time"!

Soon the capital market gave Xia Guo shareholders a profound lesson.

As soon as the market opened on the second day, Yuedong Internet fell 5%.

Investors were so frightened that they sold one after another. Many of them were placed at a high price of more than 10 yuan and 20 yuan yesterday. Today, they only sold at a loss.

Where do you know that after a brief wash, Yuedong Internet's daily limit (new shares resumed the 10% daily limit on the second day).

In the following two weeks, Yuedong Internet continued to increase the daily limit, and the stock price reached 24 yuan, and there was no way for leeks to get on the bus.

And many brokerage companies and foreign institutions have made a lot of money.

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