Chapter 276: Short-term speculators
"Hello, I'm looking for your boss, Mr. John."
In the Rockefeller Center Building, Chen Weidong stood at the front desk, raised his hand and pointed upward, signaling that he wanted to find the highest speaker.
Before he came, he probably estimated that John Rockefeller Jr. should be here, and he was rumored to be not a fan of moving around.
"I'm sorry, sir, do you have an appointment?" A blonde female employee in a black professional uniform with a smiling smile asked politely.
"No, I'm making an appointment now."
Chen Weidong and the others have just come to the United States for a few days, and they are not familiar with the place, so how could they contact Rockefeller, naturally they did not make an appointment.
"If you don't have an appointment, please fill out the form here, and we will let you know if Mr. John has time......
"Thanks, no need to fill out the form, I'll be in New York for the last few days, can you help me relay a word?"
"Of course, please."
"Beautiful young lady, please help me convey that there is a short-term speculator from China who wants to visit him." Chen Weidong showed a surging smile and explained his request to the female staff.
"Okay, but I can't guarantee whether Mr. John will see you." The female staff member nodded very seriously and recorded the incident in her notebook.
The Western woman in charge of the reception desk was still very polite, and after she finished the record, she smiled and said, "If you stay in New York during this time, you may be able to go to the trading floor next to it."
"Thank you."
Chen Weidong smiled at her, and then wandered around the first floor of the Rockefeller Building with Li Yun and others, as the headquarters of the Rockefeller Foundation, which is very luxuriously decorated and has a huge space.
Continuing to deepen, it can already be seen that some scattered investors are analyzing and operating various financial products.
It looks like a stock exchange.
In fact, the Rockefeller consortium is involved in a wide range of industries, and is also engaged in the work of brokers, which can help some companies to go public and raise funds.
The financial industry in the United States is highly developed, and things related to finance can be seen everywhere, and large display screens are installed on the walls around it, showing stocks listed on Dow Jones and NASDAQ.
Chen Weidong looked up and saw the stocks of NetEase, Sina, and other Huaxia Internet companies.
These companies have been listed for about a year, which is relatively new.
The reason why it is not listed on the A-share market is because the threshold for the A-share listing will be relatively strict, and it will take at least 1-3 years, and you have to queue up to go through various audits.
But on the NASDAQ, it only takes 6-9 months to go public.
In addition, the capital capacity of the U.S. stock market is several times that of Huaxia and Xiangjiang, which can not only improve the visibility of enterprises, but also obtain more financing.
In the early 90s of the last century, China's capital market had just started, and the United States, far across the ocean, had been playing for more than 100 years.
Many people can't imagine that when they go to the United States, the money to attract global investors starts with state-owned enterprises.
For example, Brilliance Auto is the first Chinese company to be listed in the United States.
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Later, Tsingtao Beer, Donghai Petrochemical, and other state-owned enterprises began to go to sea one after another.
At that time, the China Securities Regulatory Commission had just been established, and it took advantage of the acceleration of the restructuring and listing of state-owned enterprises to approve the overseas listing of a number of large enterprises.
Since then, various large state-owned enterprises in the fields of infrastructure and public utilities have also begun to list in the United States, reaping the capital of the United States and even the world.
Among them is the well-known PetroChina.
However, it is the Internet companies of China that have really launched the name of "Chinese concept stocks".
Around 2000, Huaxia's Internet companies were poised to take off.
But everyone knows that the characteristics of this industry are that there is no traffic, and it is difficult to make a profit in the early stage, and it even needs to be large
amount of money invested.
Funding is especially important for Internet companies.
Financing is like two armies seizing the top of a mountain, whoever climbs up first can set up a machine gun and sweep each other.
But when Sina found the bank and wanted to borrow money, the bank came up and asked: Is there anything that can be pledged?
Apparently not.
As a news portal, banks do not endorse your user number/traffic, they prefer items with physical value, mortgages.
What to do? Looking for venture capital?
At this time, there were not many institutions engaged in venture capital in China, and their courage was far inferior to that of foreign capital institutions.
Go public?
They simply do not meet the listing requirements for A-shares.
Because in order to be listed on the A-share market, the company must be profitable for three consecutive years.
It was around this time, in 1999, that the New York Stock Exchange lowered the threshold for listing, allowing unprofitable businesses to go public.
As a result, many Chinese Internet companies choose to go public in the United States.
In April 2000, Sina was successfully listed on the NASDAQ in the United States, when the NASDAQ was in a huge turmoil, and the stock prices of Internet companies such as Intel and Microsoft fell again and again, and the market value was nearly halved.
However, this stock from China AMC has soared all the way, once rising to $50 a share!
The door for Chinese Internet companies to go out was opened all of a sudden.
Soon, NetEase and Sohu were also listed in the United States, and the three major portals of China gathered in the American capital market.
[In other words, it is the best to read aloud and listen to books at present, @@,.install the latest version.] γ
The large-screen advertising in Times Square in New York is constantly occupied by Chinese enterprises, and even the price of advertising has increased several times.
It's just that, for some reason at this time, these Chinese concept stocks are constantly falling, and the trading volume has a tendency to continue to expand.
Anyone with trading experience knows that this is a sign that intraday funds are fleeing.
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One of the investors who held NetEase shares immediately wanted to cut his flesh and flee in the face of the imminent big fall.
And at this moment, Chen Weidong and his party happened to come over.
Just glanced at the trend of the candlestick chart, Chen Weidong said, "Hey, I think you can take advantage of the big drop now, and buy more chips."
Since his rebirth, Chen Weidong's mind has become more and more sensitive to trend operations in addition to some original memories.
Usually when the brain is not functioning, he doesn't feel anything, but as soon as he sees the candlestick chart, he can quickly make accurate judgments.
It's 2001, September.
The dot-com bubble crisis has gradually faded, and the Nasdaq index has fallen almost completely.
There are many stocks, such as those of Microsoft and IB, which have begun to fluctuate and bottom, and it stands to reason that there is not much room for decline.
But today, NetEase's stock has taken an uncharacteristically dive and has fallen sharply.
Many investors who bought NetEase's shares were frightened and overwhelmed, thinking that something was wrong with the company's business or finances, and they chose to cut their meat and leave the market.
"Hey, who are you?"
The young man with coffee-colored hair had already lost a lot of money when he bought the shares of Huaxia Company, and he was already holding back the fire in his heart.
Now when he turned around, he saw several yellow-skinned people standing behind him, and his face suddenly became a little vicious.
A god-level trader of rebirth.
Don't think about dreams