Chapter 30 Crazy NetEase
> NetEase Technology's listing plan in the United States is progressing very quickly, and after the roadshow, it is officially ready to go public.
At the same time, the news of NetEase's listing in the United States has also received strong attention at home and abroad.
For domestic media, the listing of NetEase Technology is another Chinese high-tech enterprise listed in the United States after Zhikong.com, Sina.com, and Sohu.com. This shows the strength of the country in a certain way. On the other hand, though. For the listing of NetEase Technology, many people in the industry are worried.
They commented that the current Internet crisis is still enveloping the world, and Internet high-tech companies led by Yahoo are also taking the lead in falling. In addition, several previous Chinese concept stocks. Like the air network, Sina, Sohu, has been flattening recently. NetEase opened the listing again under such a bad environment, I have to say that it is really unwise.
As for foreign media, they are also not very optimistic about NetEase Technology.
Although they analyzed the recent new revision of NetEase Technology and launched a series of good strategies to pull the cage Yahoo, he did not fundamentally solve the problem of NetEase's profitability. So far, NetEase Technology has not made a profit. In addition, a well-known financial magazine in the United States published a survey report a few days ago, revealing the current losses, cash flow and speed of burning money of 227 Internet companies around the world, of which 66 companies will burn out their cash in the next year, and more than half of the cash flow of Internet companies can last for two or three years. Amazon has cash flow on hand of 10. 0.8 billion US dollars, which can last for 7 months. In order to maintain cash on hand, some dot-com companies have begun to lay off employees and cut expenses in large numbers to slow down the rate of cash burning. The rate at which Internet companies burned cash in the latest quarter has slowed to $11.5 billion from $15.2 billion in the previous quarter.
Similarly, Braggett, a well-known analyst of Merrill Lynch's online stocks, said that online stocks are in the process of survival of the fittest, and in the next three to five years, 75% of Internet companies will be reduced to the ashes of history, and only a few companies will survive. The analyst's list of survivors includes Amazon, as well as e-Harbor, Priceline, online florist, the Barnas-Nobel bookstore website and Ashford. As for a few stocks in China, sorry, they never paid attention.
Obviously, most investors are not optimistic about NetEase Technology.
The Wall Street Journal, which is very authoritative in finance, revealed that at present, the listing price of NetEase Technology has changed from the original $10 to the current $15. We don't know who gave NetEase Technology the confidence, and we don't know if the publisher of NetEase Technology took the wrong medicine. But we believe that the market will definitely teach NetEase Technology a hard lesson.
Many people can already imagine that on the day NetEase Technology went public, I am afraid that it will face the embarrassing situation of breaking as soon as it is listed.
But no matter what the outside world comments, NetEase Technology still did not waver in the slightest to advance to the NASDAQ in the United States, and even, in order to cheer for NetEase Technology. Ding Lei, the founder and CEO of NetEase Technology, also went to the United States in person.
A few days later, NetEase Technology was officially listed in the United States.
The listing of this stock, codenamed NTES, did not attract much attention.
For many people, NetEase Technology is too small and too small. Moreover, NetEase Technology is still an Internet stock that no one dares to touch recently. Even Warren Buffett, it is said that there have never been Internet stocks in his stock pool. Yes, just those traditional stocks. Like Coca-Cola...... and so on. Because, he once said. The Internet is like fireworks, they look beautiful, and the fireworks are even more eye-catching. But when you look at him again, he all dissipates and nothing ......
"Mr. Ding, I don't know if it was a mistake for us to increase the issue price by $5."
Mr. Ding's secretary Zhou Feng said with a gloomy face.
"Zhou Feng, what are you talking about?"
Although Ding Lei is also very nervous, he will not show his nervousness. And, he knows. The more critical the moment, the more calm it is. As the CEO, as the founder of NetEase, he must do a good job of this example, "I believe that our NetEase Technology will be recognized by investors, and I also believe that there will be some discerning investors in the market." ”
At 9:30 a.m., the NASDAQ exchange officially opened.
As a new stock, NetEase Technology also entered the NASDAQ exchange for the first time.
This also means that NetEase Technology has officially landed in the U.S. stock market.
It's just that the market is very cruel, NetEase Technology has just been listed, and it actually appeared in a low opening situation.
You know, almost most of the new stocks that have just been listed, when they are listed and traded on the first day, they generally open high, and the stock price will rush up for a while. However, NetEase Technology has given people an unimaginable answer. NetEase Technology opened low as soon as it was listed, broke as soon as it was listed, and bled as soon as it was listed.
This also means that all investors in NetEase Technology have lost money.
This is a very cruel phenomenon. Even Sina and Sohu were not so miserable at that time.
However, NetEase suffered.
"Oh my God."
All the members of NetEase were stunned all at once.
They never imagined that the market would give them such a heavy blow. Similarly, the news that NetEase broke as soon as it went public quickly spread all over the world. Stock market news in various countries, media outlets continue to report on it. Even, even Zhang Ning has accepted such news.
"How can it break?"
The daytime for U.S. stocks is the night on China's side. After Zhang Ning fooled Shen Jiayi during the day, he returned home and waited by the computer, waiting for the news of NetEase Technology's listing. It's just that when he thought that the stock price of NetEase Technology would be launched after the opening of the market, the stock price would rise steadily. But I didn't think that NetEase Technology's shares had suffered a breakdown as soon as they were listed...... This kind of rhythm almost made Zhang Ning a little unacceptable.
"Damn, no, brother's 2 million yuan."
Because he was really confident in NetEase, Zhang Ning also asked Ding Lei to open an account for himself and bought NetEase's shares for 2 million.
didn't think that at this time, Zhang Ning had already incurred losses.
Of course, this loss Zhang Ning is not too careful. What he thinks again is, how can NetEase Technology break?
Reasonably, this is impossible, right?
You know, the favorite thing about the NASDAQ market in the United States is the future valuation. For a company, many investors do not care whether it is profitable or not. If they think that this company will be able to make money in the future, then this company will be sought after by many investors...... Just like the Facebook network of later generations. At that time, this company was losing huge amounts every year, but there were still countless investors who were very optimistic about him and continued to invest in him. As a result, it only took one year for the founder of Facebook to enter the Forbes rich list......
NetEase Technology has a new version on the front foot, and the world's top flash technology has been launched on the back foot, how can these investors not see it? Wouldn't they think that NetEase, with such technical strength, could not be profitable in the future? However, even so, NetEase Technology still broke as soon as it went public. Moreover, now that 5 minutes have passed since the opening, NetEase's stock price has fallen by 20%%u2026...
It's more of a cup.
I'm afraid that the listing of NetEase Technology has set several records for the Nasdaq stock market.
"No, no, it's not like that."
Zhang Ning was extremely calm.
He has some feeling that today's NetEase Technology obviously has a big move.
Otherwise, he wouldn't have been able to break as soon as he came up. After all, no matter how bad a stock is, it can't be like that.
In his heart, Zhang Ning began to look forward to it.
Sure enough, just after many people were completely disappointed in NetEase Technology, and even regarded him as a joke, NetEase Technology finally stopped falling after a continuous decline for half an hour at the opening. Then, after this period of time, the volume of trading volume continues to start slowly increasing.
$1,000,000.
$3 million.
$5 million.
At this moment, tens of millions of dollars rushed into the plate of NetEase Technology.
However, at this moment, the price of the stock remained unchanged, and now, it is still down 20%%u3002
However, after such a amount of energy has been accumulated for more than ten minutes, finally, NetEase Technology soared.
up 1%%u3002
A second ago, NetEase Technology was down 20%uff0c a second later, he had turned red, one in and one out, it was 21 percentage points.
However, the outbreak of NetEase Technology is far from over.
After rising 1%%u4e4b, NetEase Technology made another effort and soared by 30%%u3002 again
In just two moments, NetEase Technology became completely famous, and the entire U.S. stock exchange became completely crazy.
"Linda, look, NetEase Technology's stock."
"What's there to see, is it a joke, isn't NetEase Technology broken as soon as it went public?"
"No, you look at it now."
When Linda's friend turned out the trend chart of NetEase Technology, the figure that rose by 35%%u7684 almost made him bite his tongue.
"God, how is this possible."
Obviously, it just fell, why did it rise all of a sudden.
"Shall we buy some?"
"No, he's gone up too high, and I feel like he's going to fall if I buy him again."
"I think so, too."
At present, the trend of US stocks is very weak, and all new listings can only rise by 120 percent. NetEase Technology has risen by 30% all of a sudden%uff0c, which is already very good. Everyone is an ordinary investor, and when they see such a high position, they are a little afraid and dare not buy again. However, they didn't dare to buy it again, but they gave the main force the best chance to pull up again.
NetEase Technology stayed at the 30%u591a for a few minutes after NetEase Technology broke out again.
Moreover, this time, the outbreak was even more complete than the first time, directly rising to 100%%u3002
$30.
Seeing that the original price of $15 a share has now become $30, everyone was dumbfounded.
Oh my God, it's only been a few minutes, and all of a sudden, it's actually up 100%%u3002
Everyone was not calm, and everyone was a little stunned.
Some people wanted to make a move at this time, but they still retreated.
The 100%%u7684 rally has broken the record of all NASDAQ stocks this year, and now who dares to buy it.
Unfortunately, just when they hesitated, they missed another good opportunity to buy.
After NetEase Technology rose to 100%%u4e4b, NetEase Technology continued to break out and rose again, and now it has risen to 200%%u3002
No, it's 300%u3002 now
60 pieces.
Compared with the original $15 per share, NetEase Technology has risen by 3 times.
Zhang Ning's original 2 million yuan to buy NetEase Technology's shares has also changed from the original 2 million yuan to 8 million.
That's the highlight of today's main workforce.
The previous decline of NetEase Technology was just a trick to deceive ordinary investors.
The latest chapter was first published by Genesis and reprinted by White Worry Pavilion!