Chapter 665: The Hustle and Bustle After Listing
Globally, not to mention the large chaebol giants that are controlled or monopolized by the government, in terms of listed companies, the all-time high in the market value of Daenerys Entertainment Group before the IPO of Daenerys Entertainment Group was in Japan five years ago.
At the height of the economic bubble, the market value of the Japan Telephone and Telegraph Company (NTT) reached 21.5 trillion yen, which was roughly equivalent to $160 billion at an exchange rate of about 1:130 per yen against the yen that year.
At that time, the Japanese giants that followed NTT were all banks.
At its peak, the market value of the Industrial Bank of Japan also exceeded 100 billion yuan, and the subsequent Japanese banking giants such as Sumitomo Bank, Fuji Bank, and Daiichi Konoye Bank also overwhelmed major American companies, among which the fifth-ranked Dai-kai Bank also had a market value of 8.6 trillion yen, equivalent to 66 billion US dollars.
In recent years, as both the Japanese stock market and the housing bubble burst, the Bank of Japan has borne the brunt. The bursting of the bubble in Japan's property market has brought trillions of yen in bad debts to major Japanese banks, causing many banks to teer on the verge of bankruptcy, and their market capitalization has naturally plummeted.
As for NTT, three years ago, Japan imitated the United States to split NTT, coupled with the continuous decline of the Japanese stock market in recent years, the market value of NTT, a monopoly telecommunications industry giant, has also shrunk seriously, and NTT, which still maintains the first place in the market value of Japanese companies at this stage, has only a market value of 6.3 trillion yen during this time.
Although the yen has continued to appreciate against the dollar to 103 to 1 recently, the market capitalization of NTT is only $61.1 billion.
Even after the bursting of the economic bubble, Japan is still the world's second-largest economy after the United States.
The market value of Japanese companies is still like this, and there are no listed companies in European countries that have fallen into a recession cycle after the 1992 currency crisis to compete with Daenerys Entertainment Group.
Therefore, although it is not the first corporate giant in the history of the world to exceed 100 billion US dollars, Daenerys Entertainment's market value of 112.8 billion US dollars on the first day of listing has become the only company in the world with a market value of 100 billion US dollars at this stage.
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Globally, not to mention the large chaebol giants that are controlled or monopolized by the government, in terms of listed companies, the all-time high in the market value of Daenerys Entertainment Group before the IPO of Daenerys Entertainment Group was in Japan five years ago.
At the height of the economic bubble, the market value of the Japan Telephone and Telegraph Company (NTT) reached 21.5 trillion yen, which was roughly equivalent to $160 billion at an exchange rate of about 1:130 per yen against the yen that year.
At that time, the Japanese giants that followed NTT were all banks.
At its peak, the market value of the Industrial Bank of Japan also exceeded 100 billion yuan, and the subsequent Japanese banking giants such as Sumitomo Bank, Fuji Bank, and Daiichi Konoye Bank also overwhelmed major American companies, among which the fifth-ranked Dai-kai Bank also had a market value of 8.6 trillion yen, equivalent to 66 billion US dollars.
In recent years, as both the Japanese stock market and the housing bubble burst, the Bank of Japan has borne the brunt. The bursting of the bubble in Japan's property market has brought trillions of yen in bad debts to major Japanese banks, causing many banks to teer on the verge of bankruptcy, and their market capitalization has naturally plummeted.
As for NTT, three years ago, Japan imitated the United States to split NTT, coupled with the continuous decline of the Japanese stock market in recent years, the market value of NTT, a monopoly telecommunications industry giant, has also shrunk seriously, and NTT, which still maintains the first place in the market value of Japanese companies at this stage, has only a market value of 6.3 trillion yen during this time.
Although the yen has continued to appreciate against the dollar to 103 to 1 recently, the market capitalization of NTT is only $61.1 billion.
Even after the bursting of the economic bubble, Japan is still the world's second-largest economy after the United States.
The market value of Japanese companies is still like this, and there are no listed companies in European countries that have fallen into a recession cycle after the 1992 currency crisis to compete with Daenerys Entertainment Group.
Therefore, although it is not the first corporate giant in the history of the world to exceed 100 billion US dollars, Daenerys Entertainment's market value of 112.8 billion US dollars on the first day of listing has become the only company in the world with a market value of 100 billion US dollars at this stage.
Globally, not to mention the large chaebol giants that are controlled or monopolized by the government, in terms of listed companies, the all-time high in the market value of Daenerys Entertainment Group before the IPO of Daenerys Entertainment Group was in Japan five years ago.
At the height of the economic bubble, the market value of the Japan Telephone and Telegraph Company (NTT) reached 21.5 trillion yen, which was roughly equivalent to $160 billion at an exchange rate of about 1:130 per yen against the yen that year.
At that time, the Japanese giants that followed NTT were all banks.
At its peak, the market value of the Industrial Bank of Japan also exceeded 100 billion yuan, and the subsequent Japanese banking giants such as Sumitomo Bank, Fuji Bank, and Daiichi Konoye Bank also overwhelmed major American companies, among which the fifth-ranked Dai-kai Bank also had a market value of 8.6 trillion yen, equivalent to 66 billion US dollars.
In recent years, as both the Japanese stock market and the housing bubble burst, the Bank of Japan has borne the brunt. The bursting of the bubble in Japan's property market has brought trillions of yen in bad debts to major Japanese banks, causing many banks to teer on the verge of bankruptcy, and their market capitalization has naturally plummeted.
As for NTT, three years ago, Japan imitated the United States to split NTT, coupled with the continuous decline of the Japanese stock market in recent years, the market value of NTT, a monopoly telecommunications industry giant, has also shrunk seriously, and NTT, which still maintains the first place in the market value of Japanese companies at this stage, has only a market value of 6.3 trillion yen during this time.
Although the yen has continued to appreciate against the dollar to 103 to 1 recently, the market capitalization of NTT is only $61.1 billion.
Even after the bursting of the economic bubble, Japan is still the world's second-largest economy after the United States.
The market value of Japanese companies is still like this, and there are no listed companies in European countries that have fallen into a recession cycle after the 1992 currency crisis to compete with Daenerys Entertainment Group.
Therefore, although it is not the first corporate giant in the history of the world to exceed 100 billion US dollars, Daenerys Entertainment's market value of 112.8 billion US dollars on the first day of listing has become the only company in the world with a market value of 100 billion US dollars at this stage.
Globally, not to mention the large chaebol giants that are controlled or monopolized by the government, in terms of listed companies, the all-time high in the market value of Daenerys Entertainment Group before the IPO of Daenerys Entertainment Group was in Japan five years ago.
At the height of the economic bubble, the market value of the Japan Telephone and Telegraph Company (NTT) reached 21.5 trillion yen, which was roughly equivalent to $160 billion at an exchange rate of about 1:130 per yen against the yen that year.
At that time, the Japanese giants that followed NTT were all banks.
At its peak, the market value of the Industrial Bank of Japan also exceeded 100 billion yuan, and the subsequent Japanese banking giants such as Sumitomo Bank, Fuji Bank, and Daiichi Konoye Bank also overwhelmed major American companies, among which the fifth-ranked Dai-kai Bank also had a market value of 8.6 trillion yen, equivalent to 66 billion US dollars.
In recent years, as both the Japanese stock market and the housing bubble burst, the Bank of Japan has borne the brunt. The bursting of the bubble in Japan's property market has brought trillions of yen in bad debts to major Japanese banks, causing many banks to teer on the verge of bankruptcy, and their market capitalization has naturally plummeted.
As for NTT, three years ago, Japan imitated the United States to split NTT, coupled with the continuous decline of the Japanese stock market in recent years, the market value of NTT, a monopoly telecommunications industry giant, has also shrunk seriously, and NTT, which still maintains the first place in the market value of Japanese companies at this stage, has only a market value of 6.3 trillion yen during this time.
Although the yen has continued to appreciate against the dollar to 103 to 1 recently, the market capitalization of NTT is only $61.1 billion.
Even after the bursting of the economic bubble, Japan is still the world's second-largest economy after the United States.
The market value of Japanese companies is still like this, and there are no listed companies in European countries that have fallen into a recession cycle after the 1992 currency crisis to compete with Daenerys Entertainment Group.
Therefore, although it is not the first corporate giant in the history of the world to exceed 100 billion US dollars, Daenerys Entertainment's market value of 112.8 billion US dollars on the first day of listing has become the only company in the world with a market value of 100 billion US dollars at this stage.
Globally, not to mention the large chaebol giants that are controlled or monopolized by the government, in terms of listed companies, the all-time high in the market value of Daenerys Entertainment Group before the IPO of Daenerys Entertainment Group was in Japan five years ago.
At the height of the economic bubble, the market value of the Japan Telephone and Telegraph Company (NTT) reached 21.5 trillion yen, which was roughly equivalent to $160 billion at an exchange rate of about 1:130 per yen against the yen that year.
At that time, the Japanese giants that followed NTT were all banks.
At its peak, the market value of the Industrial Bank of Japan also exceeded 100 billion yuan, and the subsequent Japanese banking giants such as Sumitomo Bank, Fuji Bank, and Daiichi Konoye Bank also overwhelmed major American companies, among which the fifth-ranked Dai-kai Bank also had a market value of 8.6 trillion yen, equivalent to 66 billion US dollars.
In recent years, as both the Japanese stock market and the housing bubble burst, the Bank of Japan has borne the brunt. The bursting of the bubble in Japan's property market has brought trillions of yen in bad debts to major Japanese banks, causing many banks to teer on the verge of bankruptcy, and their market capitalization has naturally plummeted.
As for NTT, three years ago, Japan imitated the United States to split NTT, coupled with the continuous decline of the Japanese stock market in recent years, the market value of NTT, a monopoly telecommunications industry giant, has also shrunk seriously, and NTT, which still maintains the first place in the market value of Japanese companies at this stage, has only a market value of 6.3 trillion yen during this time.
Although the yen has continued to appreciate against the dollar to 103 to 1 recently, the market capitalization of NTT is only $61.1 billion.
Even after the bursting of the economic bubble, Japan is still the world's second-largest economy after the United States.
The market value of Japanese companies is still like this, and there are no listed companies in European countries that have fallen into a recession cycle after the 1992 currency crisis to compete with Daenerys Entertainment Group.
Therefore, although it is not the first corporate giant in the history of the world to exceed 100 billion US dollars, Daenerys Entertainment's market value of 112.8 billion US dollars on the first day of listing has become the only company in the world with a market value of 100 billion US dollars at this stage.
Globally, not to mention the large chaebol giants that are controlled or monopolized by the government, in terms of listed companies, the all-time high in the market value of Daenerys Entertainment Group before the IPO of Daenerys Entertainment Group was in Japan five years ago.
At the height of the economic bubble, the market value of the Japan Telephone and Telegraph Company (NTT) reached 21.5 trillion yen, which was roughly equivalent to $160 billion at an exchange rate of about 1:130 per yen against the yen that year.
At that time, the Japanese giants that followed NTT were all banks.
At its peak, the market value of the Industrial Bank of Japan also exceeded 100 billion yuan, and the subsequent Japanese banking giants such as Sumitomo Bank, Fuji Bank, and Daiichi Konoye Bank also overwhelmed major American companies, among which the fifth-ranked Dai-kai Bank also had a market value of 8.6 trillion yen, equivalent to 66 billion US dollars.
In recent years, as both the Japanese stock market and the housing bubble burst, the Bank of Japan has borne the brunt. The bursting of the bubble in Japan's property market has brought trillions of yen in bad debts to major Japanese banks, causing many banks to teer on the verge of bankruptcy, and their market capitalization has naturally plummeted.
As for NTT, three years ago, Japan imitated the United States to split NTT, coupled with the continuous decline of the Japanese stock market in recent years, the market value of NTT, a monopoly telecommunications industry giant, has also shrunk seriously, and NTT, which still maintains the first place in the market value of Japanese companies at this stage, has only a market value of 6.3 trillion yen during this time.
Although the yen has continued to appreciate against the dollar to 103 to 1 recently, the market capitalization of NTT is only $61.1 billion.
Even after the bursting of the economic bubble, Japan is still the world's second-largest economy after the United States.
The market value of Japanese companies is still like this, and there are no listed companies in European countries that have fallen into a recession cycle after the 1992 currency crisis to compete with Daenerys Entertainment Group.
Therefore, although it is not the first corporate giant in the history of the world to exceed 100 billion US dollars, Daenerys Entertainment's market value of 112.8 billion US dollars on the first day of listing has become the only company in the world with a market value of 100 billion US dollars at this stage.
Globally, not to mention the large chaebol giants that are controlled or monopolized by the government, in terms of listed companies, the all-time high in the market value of Daenerys Entertainment Group before the IPO of Daenerys Entertainment Group was in Japan five years ago.
At the height of the economic bubble, the market value of the Japan Telephone and Telegraph Company (NTT) reached 21.5 trillion yen, which was roughly equivalent to $160 billion at an exchange rate of about 1:130 per yen against the yen that year.
At that time, the Japanese giants that followed NTT were all banks.
At its peak, the market value of the Industrial Bank of Japan also exceeded 100 billion yuan, and the subsequent Japanese banking giants such as Sumitomo Bank, Fuji Bank, and Daiichi Konoye Bank also overwhelmed major American companies, among which the fifth-ranked Dai-kai Bank also had a market value of 8.6 trillion yen, equivalent to 66 billion US dollars.
In recent years, as both the Japanese stock market and the housing bubble burst, the Bank of Japan has borne the brunt. The bursting of the bubble in Japan's property market has brought trillions of yen in bad debts to major Japanese banks, causing many banks to teer on the verge of bankruptcy, and their market capitalization has naturally plummeted.
As for NTT, three years ago, Japan imitated the United States to split NTT, coupled with the continuous decline of the Japanese stock market in recent years, the market value of NTT, a monopoly telecommunications industry giant, has also shrunk seriously, and NTT, which still maintains the first place in the market value of Japanese companies at this stage, has only 6.3 trillion yen left at this time.