People in Hong Kong create super chaebols

Su Cheng, Jobs and other core members sat in the box, paying close attention to every subtle fluctuation in the stock market, and a dedicated person reported the latest market trends in real time.

The 22 million new shares launched by Apple at an issue price of $460 per share were snapped up and sold out quickly in just five minutes.

Subsequently, many of these lucky investors who got the upper hand chose to invest these new shares again in the stock market, expecting higher returns.

As soon as stock trading was liberalized, Apple's stock price took off like a wild horse, unstoppable.

Starting from the initial $22.5, then $22.8, $30.4, and finally climbing to $31.2, every beat touched the hearts of countless people.

The market's enthusiasm was completely ignited and investors had extremely high expectations for Apple's prospects.

In the blink of an eye, by the time of the lunch break, Apple's stock price had firmly stood at a high of $28.7.

This means that in just two and a half hours, Apple's market value achieved an astonishing leap, soaring from a market value of US$12.92 billion to US$16.85 billion.

This achievement directly demonstrates the market's high recognition of Apple.

At noon, Su Cheng shared a sumptuous lunch with Jobs and other Apple executives. After celebrating this important moment, he said goodbye to everyone and left.

For him, as an efficient and pragmatic leader, he knows that there is no need to stay in the exchange for too long and his time should be spent on more valuable things.

Therefore, in the afternoon, he went to the Su Group's branch in New York for a field visit to further understand the group's global business layout.

As for the final results of Apple's IPO, he knew that a detailed report would be delivered to his desk in the afternoon and he didn't need to be there in person.

Apple's stock market performance was unusually active, and Su Cheng was well aware of this.

He believed that even if he just asked any participant in the exchange, he could quickly learn the latest developments of Apple stock. Therefore, he chose a more efficient way to obtain information rather than sitting in the exchange in person.

Likewise, Jobs and other Apple executives left after lunch, their minds full of confident plans for the future.

After successfully raising the required funds through the stock market, they realized that short-term fluctuations in stock prices were no longer the primary concern. What was more important was how to use the funds to promote the long-term development of the company.

Therefore, they chose to return to work in a timely manner and devote their energy to the company's daily operations and strategic planning.

Although this month's IPO roadshow has kept Apple's development pace going, it also indicates that some established strategic layouts urgently need to get back on track and be implemented.

In the morning, Apple's stock price soared wildly in the stock market like a wild horse that had broken free from its reins. It quickly became the focus of everyone's attention, and investors were discussing its extraordinary performance.

However, the market's enthusiasm did not stop there.

By the afternoon, as word spread in the stock market about Su Cheng's status as a major shareholder of Apple, the news seemed to add wings to the rise of Apple's stock price.

With the help of some investors, Apple's stock price is unstoppable and continues to soar.

The stock price started at $31.2 in the morning, then $32.6, and climbed all the way to $35.9, $38.3... Every minute and every second witnessed the leap in Apple's value. When the bell of the Nasdaq Stock Exchange rang, it marked the official end of the day's trading, and Apple's closing price was fixed at a jaw-dropping $47.9 per share.

This means that on the first day of listing alone, Apple’s market value achieved an astonishing growth, more than doubling the issue price!
The excitement in the stock market has also become a hot topic for the media.

They began to edit various eye-catching topics, hoping to get a piece of the pie in the heated discussion.

"Mr. Su, the stock market just closed, and Apple's stock price closed at an astonishing $47.9 per share, which means that our company's market value has jumped directly to a new high of more than $28 billion!" Jobs' voice came through the phone line, unable to conceal his inner excitement and joy.

Even though he was busy with his work, he and Apple's senior executives were always concerned about every fluctuation in the stock market.

Jobs, the young leader, was so excited and proud of Apple's brilliant growth that he could not express it in words.

He knows very well that this is not only a reflection of the company's strength, but also the best reward for the team's efforts and innovation.

New York, an international metropolis, achieved full coverage of mobile signals as early as the beginning of the year, providing strong support for convenient communications for business people in Suzhou and other places.

After arriving in New York, Sioux City was quickly equipped with advanced mobile phones to keep in touch with all parties at all times and ensure the smooth flow of information.

Therefore, as long as Su Cheng was in any corner of New York City, Jobs could easily contact him via mobile phone, ensuring instant and efficient information exchange.

"This is indeed exciting good news, Mr. Jobs. Congratulations on your net worth now exceeding $500 million. It's really enviable." Su Cheng said with a bit of sarcasm on the other end of the phone.

However, both parties tacitly understand that despite the dazzling market value, before the major shareholders actually cash in their shares, all of this is just numbers on paper and carries a certain degree of uncertainty.

The surge in Apple's stock price is undoubtedly the result of the company's own strength and Suzhou's influence.

But what cannot be ignored is that the limited number of stocks circulating in the market is also one of the important factors driving up stock prices.

As people often say, "too many monks and too little porridge", the value of limited resources naturally rises when faced with huge demand.

Indeed, with only 460 million shares in circulation, and given that Apple is a company with a promising future and unlimited potential, such supply and demand naturally pushed the stock price to a high level.

Jobs was undoubtedly extremely excited at this moment. At the age of 25, he had already entered the ranks of billionaires and his net worth exceeded million US dollars. How could such an achievement not make people excited!
Even if this worth is false, so what?
One day, he firmly believed that as long as Apple continued to improve, his own net worth would also increase!

Looking back, Jobs was very satisfied with his decision to give 30% of the company's shares to Sioux City.

This decision not only demonstrated his foresight, but also laid a solid foundation for Apple's subsequent rapid development.

Just imagine, if there had not been that generous share sale, Apple’s current situation might be very different, and it would have been difficult to achieve such brilliant achievements today.

Therefore, Jobs understood that every important decision could be the key to changing destiny, and he and other shareholders undoubtedly made the right choice. (End of this chapter)