590 [Dr. Wang, the richest man in China]
There are now three major securities exchanges in the United States, the New York Stock Exchange, the American Stock Exchange (also known as Wall Street), and the Nasdaq Stock Exchange, which was established only in 1971.
The largest of these is, of course, the New York Stock Exchange.
Its origins can be traced back to 1792, but it really became a regular exchange in 1817, and it has developed for more than 160 years, and it is truly the first exchange in the United States.
Every year, the companies listed here are all large groups and companies.
As for why only large enterprises and large companies can be listed on the New York Stock Exchange, there are two main reasons, one is that it strictly supervises listed companies, such as those companies that want to go public and raise funds before making money cannot enter the New York Stock Exchange.
The other is that the requirements for listed companies are very strict, taking the most basic example, the pre-tax profit of a domestic company in the United States in the latest year is not less than 2 million US dollars, and the profit of a non-domestic company is required to be 2 million US dollars per year in the first two years of listing, and the pre-tax income in the latest year is 2.5 million US dollars.
This is only the most basic company profitability, and there are many other miscellaneous subsidiary requirements, which I will not describe here, anyway, since the beginning of February, Davide has been preparing and planning for the listing of Universal Newspaper, making profit reports with the finance department, and doing business planning with Evans......
It took half a year to successfully pass the approval of the New York Stock Exchange Commission and get the listing documents.
This was listed on the New York Stock Exchange in the late 70s, and if it were a few decades later, I am afraid it would be even more stringent, after all, the New York Stock Exchange had become the world's largest financial securities trading venue, and companies that wanted to be listed here probably really had to queue all the way from here to France.
When he received the good news from Davide, Huo Yaowen was overjoyed, but he was still thinking about whether to hold a grand bell ringing ceremony by himself?
In his last life, he watched online news every day, and a certain company went public in the United States and rang the bell, and more than a dozen billionaires were born at once, and he was very envious.
"What's wrong, darling?"
Anna saw where Huo Yaowen had been in a daze after receiving a call, and couldn't help but sit next to him curiously, patted him on the shoulder and asked.
"Davide just called and said that Universal Press had been approved for listing on the New York Stock Exchange. ”
"Really! That's great!"
Hearing this, Anna's eyes lit up, she knew the news that Huanyu Newspaper was going to be listed, after all, she was the person with the most shares in the entire Huanyu Newspaper now, and Huo Yaowen could only rank second.
"Yes, it's finally able to go public!" Huo Yaowen laughed.
Huanyu Newspaper can be said to be the first time in Huo Yaowen's two lives that he arranged for the company to go public.
Of course, the HKU Press that was listed during the period is not counted, although when it was first listed, his shares were the most, but now it has already sold off, leaving only about 20 percent, who made the stock price of the publishing house fall so much, and now it has fallen to two yuan a share.
Although it fell to two yuan, it was all last year, and it was basically maintained at two yuan a share throughout this year, and we can only see if there can be other development in the future.
After being excited for a moment, Huo Yaowen picked up the microphone and began to dial the number.
Anna asked suspiciously, "Who are you calling?"
Huo Yaowen said with a smile: "Find someone to contact the airline and inform them to arrange a plane in advance, and we will fly to the United States together next month to ring the bell!"
"Ring the bell?" Anna didn't know much about the listing and didn't understand what a bell was.
"It's a tradition of companies going public, and Hong Kong also has it. ”
After Huo Yaowen finished speaking, Ma Shimin on the other end of the phone was also connected, and immediately asked Ma Shimin to contact the airline, charter a plane, and prepare to fly to the United States next month.
He is going to take all the senior management of the Hong Kong headquarters of Universal Press to the United States to the United States this time, and as for Evans, the British newspaper branch, I don't think he needs to inform him, and he will definitely make arrangements in advance
……
In a New York minute.
Mid-September.
New York International Airport, USA.
Davide arranged for a dozen luxury cars to wait at the airport parking station early in the morning.
At ten o'clock in the morning, Huo Yaowen and his entourage got off the plane in the dust.
"Boss!" Seeing Huo Yaowen who had walked out of the security checkpoint, Davide immediately stepped forward.
"Well, that's a good job Davide. Evans: They're all here?"
Huo Yaowen patted him on the shoulder, and he was very satisfied with Davide's ability to arrange the listing of Huanyu Newspaper so quickly.
"Yes boss, Evans they arrived last night and now they are still resting in the hotel, so they didn't come to pick up the boss. ”
"It's fine. Huo Yaowen glanced at the dozen or so luxury cars outside, waved his hand and smiled: "Let's get in the car." ”
A group of dozens of people got into a luxury car and went to the New York hotel arranged by Davide to stay.
After a day's flight, everyone was tired, Huo Yaowen just communicated with Evans and the others for a while at dinner in the evening, and then went back to the room to reverse jet lag.
It wasn't until the next morning that everyone began to discuss the details of the listing of Huanyu Press in the conference room of the hotel.
"After this half a month of agreement, the opening stock price of our Huanyu Newspaper is set at $5 a share, according to your previous suggestion, boss, we only issue 30 million new shares this time, and the total number of shares after listing is 130 million ......."
According to him, the new issuance of 30 million shares, excluding the previous internal sales and shares given to the company's senior management, Huo Yaowen and Anna will hold 70% of the shares, which will be reduced to about 57%, Anna 37%, and Huo Yaowen only 20%.
Although the equity has decreased, the total equity of the husband and wife remains at about 50%, and there is still no problem for the holding company in the future.
When Huo Yaowen was listening carefully to Joe Keith's detailed listing plan, Davide suddenly leaned over and whispered, "Boss, there's your phone outside." ”
"Call, who called?" Huo Yaowen frowned.
"It is Chairman Wang An of Wang Computer Company. ”
"Wang An?"
Hearing that it was him, Huo Yaowen was stunned for a few seconds, not knowing what Wang An was looking for at this time.
You must know that Wang Anke is now a veritable computer tycoon in the United States, and in the middle of this year, he became the 27th in the national wealth list with a net worth of one billion US dollars, and is the first Chinese in the United States to appear on the wealth list.
At the same time, strictly calculated, Wang An at this time should be regarded as the richest Chinese in the world, after all, Wang Computer Company's market value is now as high as 4.5 billion US dollars, and the company's annual revenue is around 7-800 million US dollars.
It's not a few years ago, when Huo Yaowen first came to the United States, he became a sensational computer doctor by relying on the soaring stock price.
Although Huo Yaowen was very curious about Wang An's sudden call, no matter what the purpose of the other party was, since the call came, he still had to go out and listen to it.
Then Huo Yaowen asked Evans to continue the meeting, and he followed Davide to answer the phone.
After a while, when he arrived at the hotel room, Huo Yaowen sat on the sofa, picked up the phone casually and said, "Hey, is it Mr. Wang?"
Wang An on the other end of the phone heard Huo Yaowen's voice, and immediately smiled heartily: "Haha, as soon as I heard it, I knew it was Mr. Huo's voice, I haven't seen you for many years, and I don't know if it's good lately." ”
Huo Yaowen said politely, "Thanks to you, Mr. Wang, everything is fine." ”
The two exchanged pleasantries for a while, and Wang An offered to ask Huo Yaowen to come out for coffee in the afternoon, to which he naturally smiled and agreed.
...