Top of the Great Era

Chapter 1868 The Sense of Responsibility of Industry Leaders
On March 3, Zhou Buqi and Zhang Chaoyang publicly attended an investment luncheon in New York with more than 13 people, which was the largest luncheon in the North American investment community in the past 150 months.

The toasts are staggered, the faces are smiling, and everything is ready.

On March 3th, Monday, at 14:9 EST, Changyou Company officially landed on NASDAQ in the United States, and was listed for trading on select global markets!
This is the first Chinese company to conduct an IPO on Nasdaq and issue American Depositary Receipts this year.

At the same time, it is also the first IPO in China's Internet industry this year.

Attention from all parties, capital carnival!
Changyou sold a total of 2.3 million units of American depositary shares (ADS) in this IPO, accounting for 12.9% of the total share capital.The issue price was US$11.52. On the first day of listing, the performance was eye-catching. The opening price was US$15.88, a 37.9% increase from the issue price.

It ended the day at $14.41, up 25.12%.

Based on the closing price, the market value of Changyou exceeds US$256 billion!
According to the prospectus, Sohu is the major shareholder of Changyou, holding 7.74 million shares and owning 43.4% of Changyou's shares.Ziweixing is the second largest shareholder of Changyou, holding 4.85 million shares and owning 27.2% of the shares.

At the same time, the prospectus also announced the management team of Changyou. Zhang Chaoyang, the chairman and CEO of Sohu, serves as the chairman of Changyou's board of directors. Zhou Buqi, the chairman and CEO of Ziweixing, serves as the executive director of Changyou. Serving as director and CEO of Changyou...

On the day of listing, I was beaming.

The leaders of Nasdaq all showed up, both congratulations and thanks.

The only fly in the ointment is that Lao Zhang is not in the mood, so he brought the girl he was dating to ring the bell together, that is the well-known movie star Zhang Ziyi.

It is said that she is a Hollywood star, and Americans know her. If she comes to the market, everyone will be more active when buying Changyou stocks.

Then, the good times didn't last long, and something happened soon.

In the two days after Changyou went public, Zhou Buqi and Lao Zhang couldn't do without each other. They met many people of all kinds in New York, some for investment and some for mortgages.

Lao Zhang accepted a loan.

It is not the shares of Changyou. He does not personally hold shares in Changyou. What he pledges is the shares of Sohu.

Because of the unprecedented success of Changyou's listing, Sohu's stock price has also skyrocketed, and its current market value has reached 143 billion US dollars.Lao Zhang wants to cooperate with Citigroup and pledge a sum of Sohu stock worth 1.2 million US dollars to improve his life to a certain extent.

The first thing is to buy a house in New York.

The matter has been settled, Changyou's overseas headquarters will be set in New York, and in the future it will be necessary to come and go frequently in New York.

However, from the third day after listing, Changyou's share price began to fall.

On the morning of the fourth day, it even fell to 11.3 US dollars, which fell below the issue price!
Although the stock price rose to US$11.7 that afternoon, it still caused panic in the market. Many large institutions that had bought stocks during the IPO process questioned Changyou and asked Changyou to explain!
The reason lies in Lao Zhang's coquettish operation.

On the day of listing, he invited actress Zhang Ziyi over.

With the successful IPO of Changyou, it became an instant hit. With a market value of more than 200 billion US dollars, it can be ranked among the top 10 major game giants in the world.

Then the media began to follow up.

It’s very troublesome. It’s said that Changyou’s chairman Zhang Chaoyang’s management style in the past few years has been to do nothing.

According to statistics, as long as entrepreneurs and female stars are mixed together, the company's prospects will be greatly reduced, and the stock price will not be optimistic!

Although Goldman Sachs, Morgan Stanley, and Citigroup all gave "buy" suggestions, it was useless. The panic in the market led to the selling of a large number of stocks.There was no other way, Changyou could only issue a public statement to explain the rumors in the market, saying that Mr. Zhang is currently single and that he and Ms. Zhang are just friends, and reserves the right to sue for rumors spread by the outside world.

Because of the accident, Lao Zhang became ill and planned to return to China.

When he received the call, Zhou Buqi was picking up Yang Mi and Di Lireya at the airport. They heard that the patron's father had made another big move and that a big company was going public, so they came here to celebrate him.

"Go back to China?" Zhou Buqi was a little confused, "Isn't it going to be with..."

"Forget it, it's gone."

Zhang Chaoyang's tone was a little depressed.

Zhou Buqi pushed Yang Mi and Dili Reya into the car, and while getting into the car, he said jokingly: "What's the matter? Can't bear a little setback?"

Zhang Chaoyang said: "There was a misunderstanding in the market. I will go back and explain the matter to Xiaozhang. We are just friends."

"Huh? Break up?"

"It was just friends."

"It's quite a sense of responsibility!"

Zhou Buqi has a bit of respect, and under the pressure of the market, he can resolutely cut off his love. This old Zhang is quite courageous.

For the interests of shareholders, to give up personal affection is to be selfless!
Zhang Chaoyang sighed, "I didn't expect the market to be so sensitive."

Zhou Buqi said with a smile: "It's not that the market is sensitive, it's that Changyou's size is too large, so many eyes are on it. With a market value of more than 200 billion U.S. dollars, any slight disturbance may fluctuate billions of U.S. dollars. It's not like Like Sohu a few years ago, it was only more than 10 billion US dollars, no matter how much you toss, the fluctuations are very limited.”

Zhang Chaoyang is deeply convinced, "Yes, there is also the amplification effect of the media. In the past, Sohu was a small company, which received limited attention, and its stock price would not be affected by some gossip. They are all looking at it with a magnifying glass... You may not know that from yesterday to today, many colleagues in China have called me to complain!"

"What are they complaining about?"

Zhou Buqi hugged Yang Mi on the left, and handed the phone to Dili Reya on the right, and then she put the phone to the ear of the gold master's father obediently and sensiblely, and snuggled into his arms like a kitten .

Zhang Chaoyang said: "The stock price of Changyou has fallen in the past two days, which has caused the stock prices of companies such as Perfect, Giant, Shanda, and NetEase to also fall."

"Uh..." Zhou Buqi realized something now, "This is a cascading effect."

Because Changyou's volume is too large, it can already affect the game stocks in the Chinese concept stocks.

Just like Maotai can drive the liquor sector.

If Changyou rises, the game stocks in Chinese concept stocks will rise; if Changyou falls, the game stocks in Chinese concept stocks will also fall.

This involves a lot.

Zhang Chaoyang was very helpless, and sighed: "The pressure is great now, not only to take care of the rights and interests of shareholders in the capital market, but also to take care of the emotions of domestic counterparts."

Zhou Buqi smiled and comforted: "There is nothing to worry about. Whether the company is running well or not depends on the sense of responsibility alone."

Zhang Chaoyang said: "If the company's performance declines and the stock price falls, it's easy to say. This is a hard indicator. Even if there are complaints, there is nothing you can do. No one wants to see the performance decline. But... ahem, if some public opinions If the stock price falls due to negative wind reviews, the pressure will be great."

"I'll go..." Zhou Buqi laughed, "Okay, old Zhang, you can be enlightened! Yes, then go back to China and deal with it. If you have to break up, you should clarify! I have already said, don't talk to that kind of The big stars that everyone is looking forward to get together, and she asked someone to talk to me before, but I ignored her."

"Ah?" Zhang Chaoyang froze for a moment, "Really?"

"Should have, right? There are too many, and I can't remember. Anyway, my private life is very restrained, and I have always kept a distance from female stars in the entertainment industry."

Zhou Buqi held Yang Mi on the left and Di Lireya on the right, and said solemnly.

Zhang Chaoyang was silent for a while, and sighed, "I was careless this time, I shouldn't bring her to ring the bell... She said she wanted to experience ringing the bell, but I didn't think much about it at the time... Forget it, anyway, I will go back to China this time." Solve this matter and remove this hidden danger."

Zhou Buqi said with a smile: "Don't be so nervous, Changyou's market value is so high now, second only to Baidu and Penguin, third in the country! By the way, Sohu is also very good, with a market value of 140 billion US dollars? That's also the fourth in the country Already!"

At present, among the Internet companies that have been listed in China, Penguin has the highest market value, reaching 450 billion U.S. dollars, followed by Baidu, with a market value of 420 billion U.S. dollars.

Because Ali only has B2B business listed, its market value is not high, only 80 billion US dollars, and it is estimated that it will be delisted in a short time.

Under this general situation, Changyou has become an emerging technological force in China.

Zhang Chaoyang said with emotion: "The higher the market value, the greater the responsibility! It is really not easy to be an industry leader, and the days of fishing are still comfortable."

Zhou Buqi said: "Now you finally understand my difficulties?"

Zhang Chaoyang said: "I will persist for half a year, and then I will hand over this stall to you. After returning to China... I will go to Pengcheng, meet the person from Penguin Games, and find a way to help you operate it."

"it is good!"

Zhou Buqi is used to it. He is not afraid of taking responsibility. He has come up with a whole set of methods to protect privacy. Media giants such as News Corp., Viacom, Time Warner, Google, Yahoo, Facebook, and Twitter all have relationships with him. come and go.In many cases, even if there are some news reports about him, it will not be too outrageous.

It was the first time for Dili Reya to come to New York, and Zhou Buqi couldn't rush to roll her on the bed with her in his arms. At night, he took her and Yang Mi to go shopping in the commercial district of Manhattan.

Although he had dressed up in disguise and was accompanied by the night, he was also very cautious. Under the advice of the security guard, he did not go to places with too many people. He took a car to take a look at many places.

The Rockefeller Building at night is really a landmark.

After turning around, Dili Reya still couldn't finish it, saying that she wanted to visit Wall Street, she was very curious.

Zhou Buqi told her that there was nothing to look at.

There are two commercial centers in Manhattan, one is Wall Street, and the other is the area centered on the Rockefeller Building.During the day, Wall Street is full of people and celebrities, but at night, Wall Street is like a "ghost town".

It is completely incomparable with the "city that never sleeps" on Rockefeller's side.

don't go!
It's better to go home and experience the demeanor of the gold master's father.

(End of this chapter)