"This 51sSearch is too bold. They actually priced it at 12 USD per share. It's crazy!" In the conference room of the Wellington Fund on Wall Street, several people were having a meeting.
These people were the most famous fund managers of the Wellington Fund. They were definitely famous big shots on Wall Street. They had done countless classic financial operations. In their hands, the Wellington Fund went from a foundation that was less than 200 in the country to a super foundation that was ranked 29th in the world and 11th in the United States.
If there were no accidents, in more than twenty years, they would become one of the top ten famous foundations in the world.
And this time, the target of this famous foundation in the United States was our 51sSearch.
"I really don't know if this Asian Huang is crazy. Our news made him raise the issue price by 20 USD at the last moment!" A fund manager said with his mouth wide open.
That's right. This time, the news of PiSearch was released by the Wellington Fund.
Well, because people will have a lot of opportunities to appear in the future, considering that English is too long, we'll just call it PiSearch.
The reason why the Wellington Fund released the news was very simple. It was to suppress the stock price. The managers of the Wellington Fund saw it very clearly. Internet concept stocks were the darling of the stock market in the future, and 51sSearch was the top brand of Internet concept stocks. If they got it, it would be normal for the stock price to increase several times.
Therefore, the Wellington Fund had made up their mind. When 51sSearch went public, they immediately bought the shares of 51sSearch.
Of course, the lower the issue price of 51sSearch, the lower the acquisition cost of the Wellington Fund. Therefore, the Wellington Fund had to find ways to suppress 51sSearch's stock price. So, they had this move.
It's just that the Wellington Fund didn't expect that 51sSearch, which should have lowered the stock price, actually raised the final issue price. This shocked the senior managers of the foundation.
"Wait, have you investigated this PiSearch?" The general manager of the Wellington Fund, who had been silent, suddenly asked.
"We just learned about this information because the other party is about to go public, so we hurriedly announced it. However, as long as this website is a color website, it's enough to make 51sSearch suffer!" A manager said.
"I hope so!" The general manager sighed. He felt that something was wrong, but he couldn't put his finger on it.
That night, 51 Search's public statement was finally released. This statement also shocked all the netizens. 51 Search was too arrogant. The public offering price was 12 USD. It didn't seem much, but there were 1 billion shares. That was a market value of 12 billion USD.
This 51 Search is too arrogant. Does he really think he's worth 12 billion USD?
Not to mention, 51Search had just been announced, and they actually had a porn website under their name. This kind of shocking scandal caused 51Search's image in the hearts of investors to plummet. Many women's rights media had already begun to publicly criticize 51Search.
He actually dared to set a price of 12 USD per share for a 51 USD search!!
If 51Search wasn't crazy, then it must be the investors who were completely crazy.
In fact, it wasn't just the shareholders who thought that 51Search was crazy. The executives of 51Search were also crazy. However, the company's executives were very determined. On February 28, 1997, at 9: 25 AM, which was 9: 25 PM, Beijing time, 51Search was listed on Nasdaq in the United States as scheduled.
As everyone knew, before a new stock was listed on Nasdaq, there was a bell ringing ceremony. After the bell was rung, the stock could officially be traded on Nasdaq.
51Search naturally had such a ceremony, and the entire Wall Street was very interested in this ceremony. Almost all the Wall Street securities companies and fund companies came to watch.
The reason was simple. 51Search was the biggest online concept stock currently listed on the stock market. Before 51Search went public, there was a lot of negative news about it. For example, there was a huge negative news about it having a pornographic website. There was also the heaven-defying issue price of 12 USD per share and a total market value of 12 billion USD. All of these made various institutions on Wall Street very curious. They wanted to know who this crazy Asian Yellow was.
This Asian Huang was rumored to be a young man who was not even 20 years old. At such a young age, he had established a super internet company with a market value of 12 billion USD (tentative). This was no doubt another legend of the internet.
Well, considering that this Asian Huang was not even 20 years old, all of his crazy actions seemed to be understandable.
Everyone also wanted to know what this Asian Huang had to say before 51Search was listed.
According to tradition, the company's representative had three minutes to speak before the bell ringing ceremony. However, what everyone did not expect was that although Asian Huang went on stage, the one standing in the center position was not himself, but another Hua Xia.
Asian Huang and Gerald, the two presidents of 51Search, stood on either side of the Hua Xia. Obviously, this young man was the real protagonist of this bell ringing ceremony.
"Who is this person?" Most of the Wall Street representatives asked each other curiously.
"He is Jia Yapeng, the chairman of the Daqian Group. He is the guy who has been fighting with Oscar recently!" Of course, there were also people who knew what was going on. After all, the fight between Boss Jia and Oscar was a hot topic. Almost everyone in the United States knew about it.
Of course, as the big bosses of Wall Street who were obsessed with stories, they were not interested in this kind of entertainment news. Therefore, Boss Jia's reputation was not high. Most of them did not recognize Boss Jia.
"Daqian Group, the Daqian Group with more than 7 billion annual sales last year! Why is he here for the bell ringing ceremony? Unless he is the real major shareholder of 51Search! " The faces of the big bosses of Wall Street changed. Then, they immediately asked someone to check 51Search's prospectus. Then, they saw Boss Jia's name in the equity structure.
Moreover, he was the absolute major shareholder with 80% of the shares. It was natural for him to stand in the center position.
"Damn! The Daqian Group actually has 51Search, the hen that lays golden eggs!!! "Seeing this news, the big bosses of Wall Street instantly became very jealous.
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