Reborn in Hong Kong as a Tycoon

Chapter 555 Galaxy Game Launched (Two in One)

Monday, August 1979, 10.

If this day is replaced by the Chinese Lunar Calendar, it will be the Double Ninth Festival on September [-].

Galaxy Games officially landed on NASDAQ on this day, and it is the company with the largest market capitalization since the establishment of NASDAQ.

For this reason, the listing of Xinghe Game Company is highly valued by Nasdaq, and Nasdaq actively helps promote it, aiming to attract more companies to list on Nasdaq.

Nasdaq, which was founded in 1971, was not well-known in the era when Apple was not listed. The Nasdaq index it created has not yet risen to 1979 points in 200, which is the same as four or fifty years later. Dozens of times larger than the difference.

On the day when Galaxy Games was listed, Lin Baicheng must have been here, as well as the management of Galaxy Games, and many shareholders, not to mention market makers such as Goldman Sachs and Citigroup.

As the stock market opened, Lin Baicheng, as the chairman, rang the bell, and the stock of Xinghe Game Company could be officially traded. Everyone stared at the screen and waited for the first transaction information to appear.

Nasdaq uses an electronic trading system here, that is, it uses computers to trade, and there is no need to queue up for traders to place orders, and the transaction speed is still very fast.

The stock code of Star River Game Company on NASDAQ is XHYX. Lin Baicheng directly used the letters of his Chinese name as the stock code instead of the letters of the English name Star River Game.

The issue price of Galaxy Games is US$16 per share, so the initial bidding stage is very important, which is related to whether the stock price of Galaxy Games will fall below the issue price.

"Alan, don't worry, Goldman Sachs has already made an agreement with some institutions that are also shareholders of the company. Everyone has put up some funds for the tray, so the company's stock price will definitely not fall below the issue price."

Wade Thomas said to Lin Baicheng that today he represented Goldman Sachs, because he was following up on the listing of Xinghe Game Company, which was his performance.

Speaking of which, the listing of Galaxy Game Company has made a lot of money for market makers such as Goldman Sachs and Citigroup. Of the 6.4 million US dollars raised by Galaxy Game Company, 4% will be given to market makers as consulting fees, underwriting fees, etc. The total funds raised by game companies is only 6.4% of the US$96 million, which is US$6.144 million.

Although Goldman Sachs and other market makers did some things, they made more than 500 million US dollars without spending money, which is not too easy.

"The company now has sufficient funds in hand. If the stock price really falls below the issue price, it will just buy back the stock at that time."

Lin Baicheng said something with a smile, but he was worried that Goldman Sachs and other institutions would deliberately suppress the stock price of Galaxy Games, so he was warning Goldman Sachs.

Everyone is cooperating for the sake of profit. If Goldman Sachs and other institutions think that suppressing the stock price of Xinghe Game Company can make them tens of millions or even hundreds of millions of dollars in profits, Lin Baicheng is sure that Goldman Sachs and other institutions will definitely be willing to do that, and they will not compete with the dollar. make life difficult for.

"It's good to keep the company's funds for the company's development. With us, the stock price will definitely not fall below the issue price."

Wade Thomas immediately said that Goldman Sachs did cooperate with several institutions to sell the stock of Galaxy Games, but they were not short, but long, to stir up the stock price of Galaxy Games. And other institutions sell the stocks that they can sell at a high price, so as to make a lot of money.

Whether you are long a stock or short a stock, there are risks.

However, Goldman Sachs and other institutions are not worried. First of all, they are strong, and the price-earnings ratio of Galaxy Games is not high, but the company's profits are very high. Although it is not so undervalued, it is definitely not overvalued. Therefore, as long as they do not raise the stock price too high, the risk is limited and within the controllable range.

The risks are controllable, but the profits are quite high. How could this kind of business not be done.

As time passed, the first deal appeared on the screen.

18.41 US dollars, compared with the issue price of 16 US dollars rose 15%, obviously this increase has satisfied the shareholders.

"Crack!".
The invited financial reporters took pictures of the scene.

Galaxy Games also sent an employee to take pictures, and the pictures were also taken, which will be archived in the company as historical materials.

"Clap clap clap~~~"

The first transaction appeared, and it was still closed with a 15% increase. Lin Baicheng and all the shareholders were very happy, and there was warm applause at the scene.

"Allen, congratulations!" "Congratulations!".
Many people congratulated Lin Baicheng. He is the chairman of the company and holds the most shares. It can be said that he has made the most profits.

As the first transaction appeared, the subsequent transaction volume gradually increased.

After the stock price of Xinghe Games fluctuated slightly at $18.5, it slowly went down, and shareholders who made a lot of money sold their stocks.

However, the stock price of Xinghe Games did not fall below the price of $18. After fluctuating between $18 and $18.5 for a while, as selling orders continued to decrease, the stock price began to rise, and gradually broke through the price of $19, and it is still rising.

"I don't know if the stock price can break through $20 at the close of trading today."

Lin Baicheng secretly thought in his heart that although the short-term rise and fall of the stock price has nothing to do with him due to the six-month sales restriction period, and he cannot sell the stocks in his hand, he definitely hopes that the stock price will rise as high as possible, so that the stock price in his hand will rise as high as possible. Stocks will be worth more.

The higher the stock price, the more investors making money in this stock of Xinghe Games, the more investors will pay attention to it, and the more investors will invest in this stock.

What's more, if Lin Baicheng wants to use the shares of Xinghe Game Company to mortgage the loan, the higher the market value of the company, the more funds will be obtained for the same amount of stock loans.

Anyway, no matter what, it is definitely better for the company's stock price to be high after listing than to be low.

After the early trading closed, Lin Baicheng and others left Nasdaq.The closing price of Xinghe Game Company in the early trading was US$19.48, the highest price was about to break through the US$20 price, but it fell back quickly. How much it can increase today depends on how the stock price goes in the afternoon.

Lin Baicheng took the management of Xinghe Game Company and some friends to the hotel for dinner.

Today Galaxy Games went public. Lin Baicheng not only brought his sister Lin Qin, but also invited Deng Lijun and Lin Qingxia, and Iwasaki Mineryu, Phil Smith, and Logan Rockefeller as shareholders.

In addition, Bao Yugang, Huo Yingdong, Guo Henian and others also sent their juniors over, and they are also present today.

They just had a simple meal at noon, and they left separately.

After the opening of NASDAQ in the afternoon, the stock of Galaxy Games continued to trade.

The stock price has gone up and down. When the stock price of Xinghe Games reached $20, it rose by 16% compared to the opening price of $25. A percent increase equals $32 million.

At four o'clock in the afternoon, the Nasdaq closed.

Galaxy Games closed at $20.35 today, an increase of 27.19% on the day, with a total market value of $40.7 billion.

Lin Baicheng holds a 59% stake in Galaxy Games, equivalent to about $24 billion.

The current market value of Xinghe Game Company has not reached Lin Baicheng's psychological price, not to mention the six-month sales restriction period, even if there is no, he will not sell his stocks at the current price.

The stock price of Xinghe Game Company went public today soared. Of course, the planned celebration banquet will be held at the Hilton Hotel.

Around seven o'clock in the evening, Hilton Hotel.

Shareholders who hold a lot of shares in Xinghe Game Company will send people to the celebration banquet even if they don't come in person tonight.The stock price rose sharply on the day of listing, which is a good thing for all shareholders.

As the center of the celebration banquet, Lin Baicheng was very busy, busy with socializing.

Fortunately, Lin Baicheng has subordinates to help him share the burden. People without a certain status are not qualified to greet and chat with him. Bill Hawes and others are there to deal with it.

It was free time after the entertainment, and Lin Baicheng went to his sister Lin Qin and others.

Lin Qin stayed with Lin Qingxia, Deng Lijun, Guo Kongchen and others, and she was sharing her joy with them.She holds 1% of the shares of Xinghe Game Company, and her net worth is more than 4000 million US dollars. Although the money is not cash, it is enough for her to be happy.

"Brother, I am also a billionaire now."

Lin Qin happily held Lin Baicheng's arm. If more than 4000 million US dollars were converted into Hong Kong dollars, it would be more than 1 million.

"Whenever you earn more than [-] million by yourself, it's not too late for you to be happy."

Lin Baicheng lashed out, he didn't want Lin Qin's personality to change into that kind of rich second generation who only knows how to spend time and drink.

Lin Qin was very upset when she heard this: "Hmph, I will show you how to do it."

"Then I'll wait."

Lin Baicheng smiled. He will definitely give Lin Qin a sum of money to try to start a business like those wealthy families raised their children in the future. He only hopes that she can work hard to create her own business by then.

With Lin Baicheng here, Lin Qin will definitely not be short of money in the future, but not short of money and having his own career are two different things.The former can only be a rice bug waiting to die, while the latter is an entrepreneur and respected.

"Baicheng, we haven't congratulated you yet, your net worth is about to increase." "Congratulations, Baicheng!"

Deng Lijun and Lin Qingxia held up their wine glasses and indicated to Lin Baicheng that the current market value of Galaxy Games, based on Lin Baicheng's 59% shareholding, is just about 100 billion Hong Kong dollars in Hong Kong dollars. This company alone has provided Lin Baicheng with Net worth of tens of billions of Hong Kong dollars.

"Thank you."

Lin Baicheng raised his glass to touch it, and also clinked his glass with Huo Zhenting and others who congratulated him.

"Alan!" "Jun Lin!"

As the greeting sounded, it was Phil Smith, Iwasaki Mineryu and others who came over.

Lin Baicheng knew that Iwasaki Mineryu, Phil Smith and Lin Qingxia were not in the same circle, so after introducing them briefly, he went aside to talk with Iwasaki Mineryu and the others.

Several people chatted for a while, and Lin Baicheng said: "Three, what do you think about the joint investment in the mobile phone industry that I told you a while ago?"

Logan Rockefeller took the lead when he heard the words: "Alan, I will not participate in this investment." After he went back, he did the math and found that the investment was too large, and he couldn't bear it.

Iwasaki Mineryu asked: "Mr. Lin, with an investment of [-] to [-] million US dollars, can you make a commercial mobile phone?"

Lin Baicheng told the truth: "Probably not, maybe the total investment should not be less than one billion U.S. dollars."

"Alan, this investment is too high and the time is too long. But if you don't mind, I can invest 3000 to [-] million US dollars."

Phil Smith asked for an investigation, and his subordinates told him that he was not very optimistic about the mobile phone market, because a mobile phone worth several thousand dollars was too expensive.

"Lin Jun, I can only invest 3000 to [-] million US dollars."

Iwasaki Mineryu also said that his subordinates are also not optimistic about the mobile phone market, and he invested the two 3000 million US dollars based on his trust in Lin Baicheng.

"In this case, I and others will invest 4.5 million U.S. dollars, and the two of you will each invest 2500 million U.S. dollars, adding up to an initial investment of 5 million U.S. dollars. Each of you will own 5% of the shares."

Lin Baicheng thought for a while, and he could hear that these two people were not very willing to invest in Sun Electronics Communications Company, but after the development of commercial mobile phones, it is best to have partners in the US and Japanese markets, so he still pulled them on board.

"Okay!" "Just do as Lin Jun told you."

This time, Phil Smith and Iwasaki Minelong did not refuse.

"Then it's settled."

Lin Baicheng raised his glass and touched the two of them.

Seeing that the three of them had reached an agreement, Logan Rockefeller couldn't help saying: "Allen, are you so confident in this industry? You have invested so much."

"I can only say that I believe that as long as you are willing to invest in research and development, there will be returns sooner or later."

Lin Baicheng replied, and then said to Phil Smith and Mineryu Iwasaki: "However, this is a long-term investment. It is normal that there is no return for a few years. I hope you can persevere."

"Mr. Lin, don't worry, I will advance and retreat with you."

Iwasaki Mineryu immediately said that anyway, his investment only accounted for 5% of the shares, and even if there was more investment, it would not be much.As for the time, even if it is a little longer, he can accept that tens of millions of dollars cannot be profitable for a long time.

"Alan, that's what I mean too."

Phil Smith nodded in agreement.

After all, Phil Smith and Mineryu Iwasaki made a lot of money relying on Lin Baicheng, so the two now have some capital, and even if they lose tens of millions of dollars in investment, they can accept it, so their mentality is so good.

It’s different when it’s Logan Rockefeller. He only made a little money with Lin Baicheng. If tens of millions of dollars of investment lose money or become fixed assets, it will be a big loss for him. He can’t afford it. So he couldn't participate in the investment.

Lin Baicheng nodded when he heard the words, and chatted with them about something else.

After the dinner, everyone went back separately.

At this moment, Lin Baicheng still doesn't know. After the reports in the afternoon and evening, many Americans already know that there is such a young super rich man as Lin Baicheng in Xiangjiang in the Far East.

With a net worth of no less than 70 billion US dollars, in 1979, he is definitely a rich man, a big capitalist, and respected in the United States.

(End of this chapter)