The new week, which began on May 22, was focused on Washington.

The U.S. Congress officially opened a vote on the "Capital Gains Tax Reform Act" on this day, and at noon on the same day, East Coast time, the results were released, with 328 votes in favor and 106 votes against, and the absolute majority easily passed.

The Senate vote in Congress.

69 votes in favour and 31 against, the same absolute majority.

According to the provisions of the US Constitution, bills voted by more than two-thirds of the Senate and House of Representatives can still take effect automatically even if they are vetoed by the president.

The White House, of course, will not veto the bill.

On May 24, Clinton officially signed the bill and held a press conference at the White House to announce the new capital gains tax bill into effect.

The new bill abolishes the fixed capital gains tax rate of 28% established during the Reagan tax reform period, and adopts a two-tier tax rate mechanism, with a capital gains tax rate of 15% for securities investors holding assets such as stocks and bonds for more than 12 months, and a capital gains tax rate of 30% for holding periods of less than 12 months.

In his speech at the press conference, Mr. President said that the new capital gains tax rules will curb vicious short-term speculation in the capital market to the greatest extent, and at the same time increase the activity of the capital market through tax breaks for benign long-term investors, and can also attract more foreign capital into the U.S. capital market and promote the economic development of the Federation.

The U.S. stock market has long since moved away from the era of retail investors, and even though the new wave of technology in recent years has led to a significant increase in individual investors, only 17% of the overall trading volume of the U.S. stock market comes from retail investors, and the remaining 83% of the trading volume comes from countless institutional investors in the United States and abroad.

Because it has little to do with the general public, at least directly, under the quiet suppression of many forces, except for some conceivable complaints on Internet platforms and a small amount of criticism in the media of all parties, this capital gains tax reform has basically not caused too many waves.

Of course, there is no shortage of momentum to direct the spearhead to the Westeros system.

Simon's large holdings of technology stocks, according to all accounts, are now at a fairly high bubble level, and Westeros has generally held these stocks for more than a year, and if he cashes out large sums of money, it is difficult to estimate the tax savings at the 15% capital gains tax rate.

It's just that similar voices are even weaker than public criticism of capital gains tax reform.

After the collapse of the Hearst family last year under the sniping of the Westeros system, no media outlet dared to provoke a ruthless young tycoon.

The Westeros family did not respond to the comments.

However, the public who pay a little attention to entertainment information can feel that these days, Daenerys Entertainment's two heavyweight films "Jurassic Park 2" and "Apollo 13" in this summer's file have increased significantly, and the overwhelming variety of advertisements almost covers up the light of all other films in this summer file.

Teats.

Or a pacifier.

Then, on May 26, the last trading day of the week, Nokia was officially listed on the NASDAQ exchange.

Listed in August 1993 to the present, Nokia's shares traded on the London Stock Exchange have undergone two splits, one split two, one split three, at this stage is different from the later technology companies to pursue high stock price market strategy, it is generally believed that a single share price is lower to attract investors to buy, coupled with some other options to cash out and small mergers and acquisitions and other operations brought about by equity changes, the current total share capital has reached 1.169 billion shares.

This time, it was listed on the NASDAQ market, and adopted the method of additional issuance, the number of new shares issued was 120 million shares, because the number of subscriptions reached 6 times the size of the additional issuance, triggering the pre-determined over-allotment option, and an additional 18 million shares were issued, for a total of 138 million new shares were issued, the issue price was 27.5 US dollars, and the financing scale was 3.795 billion US dollars.

Simon returned to the West Coast last Friday after his TV division, and he came back to the East Coast on Thursday to build momentum for Nokia's listing on the Nasdaq.

The process of this listing is not much different from the process of corporate IPO, if there is a difference, it is that the issue price of this batch of new shares is set according to the recent trading price of the London stock market, and the shares of the two places are interchangeable, so there is not much possibility of surprise for investors.

However, as a Westeros concept stock that returned to the Nasdaq market from overseas, the market still gave a fairly optimistic forecast before this listing, and it is widely estimated that Nokia can rise by about 5% on the first day of listing in North America.

As it turns out, this data still seriously underestimates the strong appeal of Westeros concept stocks to the market.

Moreover, the capital gains tax reform just passed this week has also really stimulated the activity of capital markets to a large extent.

At around 10 o'clock in the morning, Nokia stock officially began trading, and the opening price rushed directly to more than $29, easily breaking through the 5% first-day increase expectations of many industry analysts, and the opening was good, which in turn attracted more capital to buy the stock.

When the time came to four o'clock in the afternoon, the Nasdaq stock market closed, and Nokia's stock price rose 11.8% in a single day, closing at $30.75. According to the total share capital of Nokia after the additional issuance of 1.307 billion shares, the total market value of the communication equipment giant has reached $40.1 billion.

With such a mature capital market in Europe and the United States, and because they can be swapped, there will not be much difference in the stock prices of companies listed in the two places.

Due to the time difference, the stock market in London has closed this week, and it will not open until next week, and the closing market value is about 24.6 billion pounds, equivalent to 37.7 billion US dollars, based on the total share capital after the issuance. However, as long as there is no super surprise at the level of a black swan, Nokia's share price on the London Exchange will inevitably rise sharply after the opening of the market next Monday, and finally it will be basically the same as that of North America after the exchange rate conversion.

With the completion of the additional issuance, Westeros' shareholding in Nokia was reduced to 67.2%.

Based on the closing price on the first day of trading on the NASDAQ, Nokia alone contributed $26.9 billion to Simon's wealth.

Some media people on the Internet platform who follow Simon's personal wealth figures in real time have readjusted Simon's personal net worth according to Nokia's market performance on the first day, and the figures given by the editor-in-chief of Fortune magazine have been widely circulated and reprinted on Facebook and other platforms.

$620 billion!

This is another new high figure given by authoritative financial sources since the first media statistics of Simon's personal net worth exceeded $500 billion in January of the new year, and it is calculated with full reference to the current stock prices of listed companies in the Westeros system.

Among them, Cisco, whose market value has exceeded the $150 billion mark in January at the beginning of the year, has reached $192.6 billion as of the close of trading on May 26, with an overall increase of nearly 30% in more than four months, and it is only one step away from becoming the first $200 billion market value company in the U.S. stock market.

In addition to Cisco, the shares of other core companies in the Westeros system have also continued to hit new highs.

For the upcoming IPO of Igrete, the editor-in-chief of Fortune magazine is still valued at a rather conservative $100 billion. Even so, cumulatively, Simon Westeros's current net worth has reached $620 billion, not to mention the American 400 richest list, even if it is the global wealth list, most of the other richest people on the list are not even a fraction of Simon's $620 billion huge wealth.

Numbness.

It can only be completely numb.

Whether it's $500 billion or $620 billion, it's out of the realm of most Americans who don't happen to be very good at math.

The complaint of a popular blogger on Facebook is probably the actual feeling of many melon-eating spectators who pay attention to this matter: "Let Simon Westeros float in the sky like God, and we live our own lives." ”

Still others fan the flames through online platforms.

We should launch a revolution against Simon Westeros.

Balabala.

Then, many similar users were banned to varying degrees for 'spreading hate speech'.

Realizing that users are the foundation of their own development, Igrete has become more and more strict in the protection of user accounts in recent years, and Simon often pays attention to this matter personally.

......

......

The new week, which began on May 22, was focused on Washington.

The U.S. Congress officially opened a vote on the "Capital Gains Tax Reform Act" on this day, and at noon on the same day, East Coast time, the results were released, with 328 votes in favor and 106 votes against, and the absolute majority easily passed.

The Senate vote in Congress.

69 votes in favour and 31 against, the same absolute majority.

According to the provisions of the US Constitution, bills voted by more than two-thirds of the Senate and House of Representatives can still take effect automatically even if they are vetoed by the president.

The White House, of course, will not veto the bill.

On May 24, Clinton officially signed the bill and held a press conference at the White House to announce the new capital gains tax bill into effect.

The new bill abolishes the fixed capital gains tax rate of 28% established during the Reagan tax reform period, and adopts a two-tier tax rate mechanism, with a capital gains tax rate of 15% for securities investors holding assets such as stocks and bonds for more than 12 months, and a capital gains tax rate of 30% for holding periods of less than 12 months.

In his speech at the press conference, Mr. President said that the new capital gains tax rules will curb vicious short-term speculation in the capital market to the greatest extent, and at the same time increase the activity of the capital market through tax breaks for benign long-term investors, and can also attract more foreign capital into the U.S. capital market and promote the economic development of the Federation.

The U.S. stock market has long since moved away from the era of retail investors, and even though the new wave of technology in recent years has led to a significant increase in individual investors, only 17% of the overall trading volume of the U.S. stock market comes from retail investors, and the remaining 83% of the trading volume comes from countless institutional investors in the United States and abroad.

Because it has little to do with the general public, at least directly, under the quiet suppression of many forces, except for some conceivable complaints on Internet platforms and a small amount of criticism in the media of all parties, this capital gains tax reform has basically not caused too many waves.

Of course, there is no shortage of momentum to direct the spearhead to the Westeros system.

Simon's large holdings of technology stocks, according to all accounts, are now at a fairly high bubble level, and Westeros has generally held these stocks for more than a year, and if he cashes out large sums of money, it is difficult to estimate the tax savings at the 15% capital gains tax rate.

It's just that similar voices are even weaker than public criticism of capital gains tax reform.

After the collapse of the Hearst family last year under the sniping of the Westeros system, no media outlet dared to provoke a ruthless young tycoon.

The Westeros family did not respond to the comments.

However, the public who pay a little attention to entertainment information can feel that these days, Daenerys Entertainment's two heavyweight films "Jurassic Park 2" and "Apollo 13" in this summer's file have increased significantly, and the overwhelming variety of advertisements almost covers up the light of all other films in this summer file.

Teats.

Or a pacifier.

Then, on May 26, the last trading day of the week, Nokia was officially listed on the NASDAQ exchange.

Listed in August 1993 to the present, Nokia's shares traded on the London Stock Exchange have undergone two splits, one split two, one split three, at this stage is different from the later technology companies to pursue high stock price market strategy, it is generally believed that a single share price is lower to attract investors to buy, coupled with some other options to cash out and small mergers and acquisitions and other operations brought about by equity changes, the current total share capital has reached 1.169 billion shares.

This time, it was listed on the NASDAQ market, and adopted the method of additional issuance, the number of new shares issued was 120 million shares, because the number of subscriptions reached 6 times the size of the additional issuance, triggering the pre-determined over-allotment option, and an additional 18 million shares were issued, for a total of 138 million new shares were issued, the issue price was 27.5 US dollars, and the financing scale was 3.795 billion US dollars.

Simon returned to the West Coast last Friday after his TV division, and he came back to the East Coast on Thursday to build momentum for Nokia's listing on the Nasdaq.

The process of this listing is not much different from the process of corporate IPO, if there is a difference, it is that the issue price of this batch of new shares is set according to the recent trading price of the London stock market, and the shares of the two places are interchangeable, so there is not much possibility of surprise for investors.

However, as a Westeros concept stock that returned to the Nasdaq market from overseas, the market still gave a fairly optimistic forecast before this listing, and it is widely estimated that Nokia can rise by about 5% on the first day of listing in North America.

As it turns out, this data still seriously underestimates the strong appeal of Westeros concept stocks to the market.

Moreover, the capital gains tax reform just passed this week has also really stimulated the activity of the capital market to a large extent.

At around 10 o'clock in the morning, Nokia stock officially began trading, and the opening price rushed directly to more than $29, easily breaking through the 5% first-day increase expectations of many industry analysts, and the opening was good, which in turn attracted more capital to buy the stock.

When the time came to four o'clock in the afternoon, the Nasdaq stock market closed, and Nokia's stock price rose 11.8% in a single day, closing at $30.75. According to the total share capital of Nokia after the additional issuance of 1.307 billion shares, the total market value of the communication equipment giant has reached $40.1 billion.

When the time came to four o'clock in the afternoon, the Nasdaq stock market closed, and Nokia's stock price rose 11.8% in a single day, closing at $30.75. According to the total share capital of Nokia after the additional issuance of 1.307 billion shares, the total market value of the communication equipment giant has reached $40.1 billion.