18 Broadway Street.
The world's most famous NYSE was located here.
The 11-meter-wide street was the famous Wall Street.
Huanyu Technologies went public in the US, and Chen Yu once again stepped into the US.
However, this was not the first time Chen Yu went public. This time, he was much calmer.
He just knocked lightly, and Chen Yu gave up his spot to someone else.
Stock name: Huanyu Group.
Stock code: XYJT.
Stock price: 100 USD per share.
Total equity: 1.8 billion shares.
According to the previous roadshow, Huanyu Group was finally priced at 100 USD per share, and the total market value reached 180 billion USD.
Without any doubt, Huanyu Technologies created another world record – the largest IPO in history.
At the same time, Chen Yu once again broke the world's richest man record, leaving Bill far behind.
However, because of the previous report of Xiangyuan Hedge Fund shorting Huanyu Group.
Although Huanyu Group broke the world's largest IPO record, the NYSE was more concerned about Huanyu Group's performance.
However, on the eve of the IPO, Xiangyuan Hedge Fund once again released a financial forecast for Huanyu Group. They believed that Huanyu Group had not found much profit, and this kind of traffic could not be realized. It was like the dotcom bubble in 2000. It looked beautiful, but it had no effect.
"Brothers, are we buying or not?"
"I want to buy, but I'm scared."
"Me too, what should we do?"
"Let's see how it goes."
At this time, all parties were paying attention to Huanyu Group.
For example, on the WSB forum.
After seeing an open letter from individual investors on the WSB forum, Chamas formed 10 groups in one go.
Each group had 1,000 people, and the total number of people was 10,000.
Of course, most of them were individual investors.
"Everyone, are you ready?"
"Ready."
"Good, listen to my instructions. When I say buy, just buy."
"No problem."
The individual investors in the group were a little excited.
Although they thought that they would not be able to win against these hedge funds, they felt a sense of strength when Chamas stepped forward and gathered more than 10,000 individual investors in the 10 groups. This was an open challenge to the power of hedge funds, something they had never done before. Although they believed that they might lose, so what if they lost? Even if they lost, they had to show their backbone.
“OK。”
Charmas nodded.
More than 10,000 people were individual investors, but among them, there were quite a few who had decent funds.
Furthermore, 10,000 people wasn't a small number. As long as they cooperated well, they might really succeed in stealing the chicken.
However, he was also very worried.
Based on the data he had obtained, Xiangyuan Hedge Fund wasn't just releasing a short report.
They might have even joined forces with the shareholders who had previously invested in Huanyu Group.
Once the Huanyu Group opened for trading, the original shareholders' stocks would be released.
When the time came, would these individual investors be able to handle the selling of their stocks?
This gave Chamas a lot of pressure.
But …
Even so, Chamas had to give it a try.
In fact, Chamas himself wasn't an individual investor. He was already a billionaire.
He was the youngest vice president of the portal "AOL" back then.
Later, he found out that his colleagues were all idiots, so he resigned and invested on his own.
Until now, Chamas had become a billionaire.
Many people in the forum knew Chamas' identity, so when Chamas stepped forward, many people regarded him as the leader.
"The selling price wasn't high in the pre-market bidding. Fortunately.
"Brothers, put the price at $102."
Staring at the market, Chamas seized the opportunity from the pre-market bidding and instantly put the price at $102.
Judging from the pre-market bidding, perhaps the previous institutional investors weren't ready, or rather, they still wanted to wait and see.
Thus, this gave Chamas an opportunity.
It had to be said.
Chamas' foresight was very sharp. With one order, the Huanyu Group's share price directly increased by 2%.
"Well done."
"Beautiful, it increased by 2%."
"Publicity team, hurry up and release the latest market information to attract more investors."
The individual investors in the WSB forum were not all of the individual investors in the US.
In fact, there were many individual investors who didn't enter the WSB forum.
The purpose of preparing to publicize the army was to gather more individual investors.
As long as all the individual investors in the US were attracted, not to mention one Xiangyuan Hedge Fund, even 10 hedge funds could defeat him.
As expected of the former vice president of AOL, he used the Internet to play.
With this move, Huanyu Corporation's shares, which had risen by 2%, rose again. At this time, it had risen by 4%.
"Who is this Chamas?"
After the bell rang, Chen Yu looked at the Huanyu Group's market while also paying attention to the WSB forum.
When he found Chamas, Chen Yu asked.
"Boss Chen, Chamas used to be the vice president of AOL, but he always thought highly of himself. Later, he resigned and became an independent investor."
Wang Chang immediately replied to Chen Yu.
"Sure enough, these individual investors are not easy to bully."
Chen Yu smiled and nodded.
Although the WSB forum was full of individual investors, there were also elites among them.
In terms of the scale of funds, Chamas could no longer be considered an individual investor.
However, for a series of reasons, Chamas chose to stand with the individual investors.
Perhaps his original intention had not changed.
Or perhaps he felt that he used to be an individual investor.
"What's going on, you guys aren't doing anything?"
"The Huanyu Group's share price has increased by 4%."
Andrew was a little angry when he saw that the institutions that had previously reached an agreement with him were not doing anything.
Xiangyuan was a hedge fund and they bought short options.
In principle, buying short options could not affect the Huanyu Group's share price.
Therefore, the only thing that could be affected was the sale of a large amount of shares.
Xiangyuan did not have shares of Huanyu Technologies, so they had to cooperate with other institutions.
Andrew was naturally unhappy when he saw that these institutions were not doing anything.
However, the people in charge of these institutions were relaxed. "Andrew, don't worry, it's only 4%. Your reserves are very strong, what are you afraid of? Besides, we have to observe the situation. "
"The situation is very clear. We have already released a short report on Huanyu Group. Although we want to short the Huanyu Group, in fact, the profits of the Huanyu Group are indeed unstable. Even if we don't release the short report, I think the share price will continue to fall in the future. You have invested in the Huanyu Group before, and now you have received huge profits. This is the best opportunity to cash out. Besides, even if we lower the share price now, if you feel that the Huanyu Group still has potential, you can buy it back at a lower price, right? "
Andrew naturally knew what these people were thinking.
If the Huanyu Group's share price could rise, it would actually be good for them.
Because they were now shareholders of the Huanyu Group.
However, they had too many shares in their hands, and they also knew that it was not easy to retreat safely.
"Okay, Andrew, you have a point."
The people in charge of these institutions nodded. "Okay, today we will smash the Huanyu Group's share price by 10%."
(End of chapter)
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.
