Rebirth 1999: Opening the Age of Black Technology

September 5, 2005, 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 from Jiangzhou and Shenzhen, as well as 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 rare.

Baidu and Penguin in the new era, Xinlang and Souhu in the old batch are all companies of this type.

But without exception, these companies choose to go public in regions other than mainland China, such as Nasdaq or Xiangjiang City in the United States.

Because most of these companies want to harvest leeks overseas, the purpose of the formula listing is to harvest leeks, and profits are relatively secondary.

Yuedong Internet chooses to list on the Shanghai stock market, so that domestic investors can invest in Xiaguo's technology industry, and can not only raise social funds, but also give investors the greatest return.

This time, Yuedong Internet went public and was broadcast live by Jiangzhou TV Station.

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

Yuedong Internet can go public, and it is also one of the few listed companies in Jiangzhou. The whole Jiangzhou has a bright face, so Jiangzhou TV will report the whole process live.

Chen Xiao sat in the office and watched the live broadcast of the TV station. The company should have several millionaires and millionaires.

Before the IPO, Changtian Technology owned 72.5% of the shares (20% of which were in the option pool), Baidu owned 12.75% of the shares, and idg owned 14.75%. Among the used option pools, company executives Wang Xiang holds 5%, Zhou Linghua 3.5%, Sun Dong 2%, Gao Miao 1%, and the remaining 1% is 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), Baidu owns 231.818 million shares (accounting for about 11%), and idg owns 268.1818 million shares (accounting for about 13.09%), in the used option pool, Wang Xiang holds 90 million shares (accounting for about 4.54%)...Sun Dong holds 36.36 million shares (accounting for about 1.818%), Gao Miao holds 18.18 million shares (accounting for about 0.91% of the shares), and other 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 a certain degree after listing, but as the market value of the stock increases, the value of the stock held will continue to rise.

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

This can 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 earned extra rewards.

Why do so many entrepreneurial companies try to make their ppt more beautiful, attract three rounds of financing, and then try to IPO.

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

For many entrepreneurial teams, the products they produce and design do not make money, but make money by drawing big cakes to shareholders after the concept goes public.

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

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

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

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

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

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

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

At present, all the shares held by the original shareholders of Changtian Technology are non-tradable shares.

Non-tradable shares will slowly lift the ban on listing over time, which is a necessary means for companies to obtain more funds.

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

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

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

Under this policy, the 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 after success, he can completely sell the stock to the company or company employees, and sell it to other investors or institutions under permitted conditions. At that time, Wang Xiang held several hundred million yuan. Whether it is to enjoy the rest of your life or go out to start a business investment by yourself, there is no problem at all.

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

But Song Yi must have full confidence in the company. As long as the stock price soars, Song Yi's 100,000 shares is not a small sum.

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 I have been reborn for so many years, if it is just for making money, then it is meaningless.

Shenzhen City, the site of the Shenzhen Stock Exchange.

Under the cheers of the guests, Wang Xiang struck the bell with a gavel wrapped in red brocade, and prayed in his heart that the financing would go smoothly.

The time is exactly nine o'clock.

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

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 signed 2,000 shares of Yuedong Internet in the new shares.

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 traded stocks behind his wife's back.

If the new shares opened sharply, Wang Wei's savings for more than a year would be wiped out.

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

So Wang Wei stared at the big screen, and if the situation was wrong, he would sell all of them immediately.

At 9:30 in the morning, the market opened on time.

As expected, some unexpected things happened.

Under the attention of the financial circles of the whole country and even the whole world, Yuedong Internet opened from 5.43, stretched in a straight line, and the stock price soared to more than 20 yuan in an instant, which almost quadrupled (in 2005, Xiaguo’s new shares in the parallel world had no trading 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 the savings of Wang Wei's family for almost two years!

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, and he was engaged in a fierce ideological struggle.

Is this for sale or not!

What if it is sold and continues to rise?

Behind Yuedong Internet is Changtian Technology. Changtian Technology is very good in terms of scientific innovation and profitability. There is no private company in Xiaguo that can match it.

hold firmly!

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

At the same time, retail investors across the country, some are staring at the computer at home, and the older ones are at the business offices of major brokerages. Of course, the stock that has attracted the most attention today is Yuedong Internet.

In the Shanghai stock market, Cao Fei (Old Leek), a professional stock investor, has been keeping an eye on the market at home.

According to his old stockholder's understanding of stocks, it is a terrible thing for a new stock to quadruple on the first day of listing, and it has almost reached the peak. Part of the new shares listed, the day can rise up to 30% to 40%.

Cao Fei's luck was not as good as Wang Wei's, and he didn't win the new shares, but he bought them from a securities company at a premium in the stock market.

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

Cao Fei bought 10,000 shares at 6 yuan and 87 cents, and the total cost capital excluding handling fees was 68,700 yuan.

So when I watched Yuedong Internet fluctuate around 20 yuan, according to the judgment of Cao Fei, a professional veteran stockholder (old leek), if it is higher than Panjiu, it will fall, and it has been consolidating around this 20 yuan. It must have fallen.

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

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

This time Cao Fei was very happy. He earned nearly 130,000 yuan from 10,000 shares. Cao Fei can live a good life without having to trade in stocks for a whole year.

But at this moment, the situation changed rapidly.

Yuedong Internet's stock price quickly broke through the highest price of the day, 20 yuan and 5 cents, and directly rushed to 25 yuan, and looking at the energy chart, the buyer's power is very strong, and the volume ratio is very powerful! The time-sharing kdj top is passivated, and the time-sharing Bollinger Band runs along the upper rail standard! Time-sharing macd golden fork!

Great picture!

Cao Fei's heart skipped a beat!

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

Cao Fei, an old stockholder, was not calm at this moment. He thought that if he didn't sell the stock when it was more than 19 yuan, and waited for the stock to rise to 25 yuan, wouldn't it be 10,000 shares and an extra 50,000 yuan?

Now it seems that 25 yuan is just the beginning.

Some were anxious, Cao Fei couldn't calm down now.

He forgot all the formulas and secret recipes for stock trading, such as high positions must fall for a long time, low positions must rise for a long time, and stock trading formulas and secret recipes such as "quantity must have price and price must have quantity".

He bought all the 200,000 yuan in total of the principal plus profit into Yuedong Internet, but he was not reconciled, and studded all the remaining 100,000 yuan!

The purchase price is 25 yuan!

Stud!

Stud!

Full warehouse stud is a kind of wisdom!

Cao Fei was very proud of his masterpiece just now.

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

Cao Fei felt secretly refreshed! The principal of more than 300,000 yuan just bought became more than 370,000 yuan in an instant.

That's probably what getting rich overnight feels like.

However, something terrible happened in the end.

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

It fell straight down 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 have been deformed!

In the time-sharing chart, this terrible upper lead has a professional term in the leek industry, and it also means death.

Cao Fei was completely shocked.

Not only did he lose all his profits just now, but he also suffered a serious loss of principal.

Cao Fei regretted it and thought 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.

When Wang Wei saw that the stock price had dropped from more than 20 yuan to more than 8 yuan, he was scared to pee.

People are afraid of greed!

Will it still fall!

Wang Wei quickly sold all the stocks in his hand, and finally made a profit of less than 30%.

Seeing such profits, Wang Wei is still satisfied.

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

Moody's in the United States even gave Yuedong Internet a target price of more than 100 yuan in about two years, and a normal evaluation of the market value of more than 100 billion RMB.

These speculators in the international financial market are trying their best to get this piece of fat out of their mouths.

Finally, at 3:00, the closing price of Yuedong Internet was 9 yuan and 1 cents, 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 Journal": Yuedong Internet is backed by Changtian Technology, relying on Changtian Technology's hardware equipment, and deeply develops the Internet ecological chain. It has high sustainable development and is rated as a buy with a target price of 20 yuan.

"Huafeng Securities": The short-term target price for active buying is 25 yuan.

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

Wang Wei: "Hehe, you lied to me to pick up the order tomorrow. We are not leeks."

Cao Fei: "We will resolutely sell tomorrow."

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

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

Being a human being for two lifetimes, Chen Xiao deeply knows that ordinary users will always be leeks in the A-share market. There is only the difference between old leeks and new leeks, and of course leeks!

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

But in the Xiaguo market, you told everyone to stick to value investing, are you kidding?

What the **** with a "rose of time"!

Soon the capital market taught Xia Guo stockholders a profound lesson~www.readwn.com~ On the second day, as soon as the market opened, Yuedong Internet fell by 5%.

Shareholders were so frightened that they sold one after another. Many of them received orders at a high price of more than 10 to 20 yuan yesterday, and they only sold at a loss today.

How do you know that after a short wash, Yuedong Internet has a daily limit (new shares will resume the 10% price limit on the second day).

In the next two weeks, Yuedong Internet continued to rise by the daily limit, and the stock price reached 24 yuan, and there was no way for leeks to get on the car.

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

－－－－－Off Topic－－－－－

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