Jiang Hui originally hoped that "The Girl We Chased Together" would be released simultaneously around the world at the end of July, but it took a lot of time to coordinate with distributors in various countries, and the final time was set on August 8.

And a few days before the upcoming release, something happened in the Internet world.

That is, on August 5, 2005, Du Niang was listed on the NASDAQ in the United States.

According to the original history, on the first day of Du Niang's listing, it soared 3 times on the opening day. The opening price was $66, up 144% from the issue price of $27, the closing price was $122.54, up 354% from the issue price, and the intraday price soared 450% to $151.21.

Du Niang's performance on the first trading day of its listing not only made all investors "dumbfounded", making her market value reach $3.98 billion overnight, but also created a "miracle" of Zhongtian Dynasty Internet.

The first Celestial Empire concept stock with a stock price of more than $100, the first stock on the NASDAQ market since Google to close above $100 on the first day, one of the top 10 stocks with the most first-day earnings in U.S. history, the best first-day performer among foreign companies listed in the United States, and the strongest new stock in the U.S. market in more than five years...... Du Niang's successful IPO can be said to have rewritten many records.

And in this life, when Du Niang acquired Hao123, several bets between Jiang Hui and Boss Li made Du Niang's development faster and stronger than in the previous life. The launch of applications such as Du Niang Encyclopedia and Du Niang Know has greatly increased Du Niang's traffic compared with his previous life.

The improvement of these figures is reflected in the stock price.

Although the issue price was only five dollars more than the original $27 to $32, the number of shares issued increased by nearly 20 percent, which is equivalent to a 40% increase in valuation compared to previous generations.

Even though the valuation rose by 40%, the opening price of Du Niang on the first day of listing reached $76, the closing price reached $165, and even exceeded $200 during the session, which stunned a group of people who eat melons.

Du Niang's market value on the first day of listing was more than 5 billion US dollars, which was converted into 40 billion yuan. The market value of nearly 4 percent of the shares held by Jiang Hui has reached 1.6 billion yuan, which has increased dozens of times in more than a year.

Before the close of the trading day, Boss Li delivered an enthusiastic speech. At 4 o'clock in the afternoon of the same day, the NASDAQ asked Boss Li to ring the closing bell of the NASDAQ, and Du Niang made the audience applaud warmly with her crazy performance.

Originally, Boss Li invited Jiang Hui to attend the listing ceremony together, but the United States was too far away, Jiang Hui thought it was too tiring to toss back and forth, and the jet lag was too hard, so he refused.

The crazy performance of Du Niang's listing and the undervalued issue price before the listing are actually full of contradictions. However, when I think about it seriously, I take it for granted.

On the one hand, Wall Street always "looks the other way" at the companies of the Celestial Empire, and the Internet companies with the same content and scale are at least twice as high as those of the Celestial Empire in the United States. So it's not surprising that Du Niang is underestimated.

On the other hand, many investors who have tasted the sweetness of Google are looking for the next Google. Obviously, in their eyes, Du Niang is the "next Google" that meets their requirements, so there is a crazy performance on the day of Du Niang's listing.

Du Niang's listing has created a group of wealthy people.

The first to bear the brunt is as the largest shareholder of Du Niang, the American venture capitalist who holds more than 20% of the shares of the listed company - De Fengjie, which is undoubtedly the biggest winner of Du Niang's listing in the United States. As the largest investor in Du Niang, although the company invested a lot of money in the initial stage of Du Niang (September 2000), it is not worth mentioning compared with the current market value of tens of billions of yuan.

In addition to the venture capital companies, it is the management and employees led by Boss Li.

In her previous life, Du Niang had nearly 240 million-dollar employees, 50 million-dollar employees and seven billionaires after she went public. And now Du Niang's market value is forty percent higher than in the previous life, with more than 300 employees worth one million, more than 80 employees worth tens of millions, and nine employees worth hundreds of millions.

Although these options will not be cashed out until at least half a year later, they are still only on paper. But Du Niang produced so many local tyrants at once, which still caused a very big sensation in the Internet world of the Celestial Empire.

The reason why there are so many local tyrants at once is because Du Niang has always implemented the employee option system, which means that the early entrepreneurial employees will naturally become Du Niang's "shareholders" after serving for a period of time.

Jiang Hui, as a shareholder of Du Niang, has a good understanding of Du Niang's option-related information. At the beginning of the establishment of Du Niang, the option distribution plan was formulated and improved. In April 2004, Du Niang carried out an internal stock split, with one split of two, and the options of all employees were doubled. More than 10 people who owned shares in Du Niang but left for various reasons have also been used by the Human Resources Department of Du Niang to find back and sign legal documents and posthumously grant double the shares after the split. These more than 10 original Du Niang employees who left Du Niang and even went abroad may never have imagined that one day Baidu Niang's human resources department will look for themselves all over the world and give them this wealth worth millions.

In the next few days, the headlines on the Internet were basically related to Du Niang.

"Three reasons why Du Niang's stock price is soaring".

"Where to go after madness".

"Du Niang makes the Celestial Empire Internet companies look forward to listing and rejecting acquisitions."

"Du Niang let Wall Street see the charm of the Celestial Empire".

"Du Niang's listing makes Boss Li worth nearly 10 billion."

"The company with the highest market value of the Internet in the Celestial Empire".

"The Internet has ushered in a peak of development"

……

All kinds of articles are flooding the Internet, and most of them are full of praise for Du Niang. Of course, it is not without discordant voices.

Martin, a well-known Wall Street analyst, said during the visit: "Du Niang has brought us back to the dot-com bubble period. The last time we saw IPO companies rise by more than 200% on their first trading day was between 1999 and 2000. Even Google, which has had a miraculous performance in the stock market over the past year, saw its stock price rise just 18% on its first trading day.

According to the financial data released by Du Niang in the prospectus, the price-to-earnings ratio of Du Niang's stock has reached more than 2,000 times, while the price-to-earnings ratio of Google stock is 75 times, and Yahoo's is 70 times. Du Niang's price-earnings ratio is very abnormal, if there is another technological economic crash, Du Niang will be the first to go out. ”

No matter what other people think, Jiang Hui will definitely not easily sell Du Niang's shares to cash out. Although it seems that the market value of more than 5 billion US dollars is quite high now, you must know that more than ten years later, Du Niang's market value once reached 80 billion US dollars.

The current fifty-odd is just a fraction, how could Jiang Hui sell it easily. The shares of Du Niang and Penguin are all Jiang Hui's plans to hold for a long time.

(End of chapter)