Rebirth: Starting from the Cafeteria

Xiaoya has enough qualifications, education and working ability, but no one promotes her.

It’s different now. Xiaoya has entered the sight of some people. She will get a chance to advance in one or two months at the earliest, and no more than half a year at the latest.

Du Shaojie achieved his goal and held a banquet at the Seafood Restaurant to thank those who helped him.

This is a piece of cake for them. They would love to have Boss Du owe them a favor for such a small effort.

After that, he stayed in Shanghai, and only flew to Xijiang with Xiaoya and Shen Rui before Qingming Festival.

In addition, Xiaomei, Sun Haitao and Wang Yuxiu also flew over from Guangzhou. The whole family gathered in Xijiang and reburied Du Shaojie's father in a new cemetery.

After completing this important task, Wang Yuxiu seemed to be in much better spirits.

Du Shaojie then went to the capital with Qi Yan.

A few days later, on April 4, SINA was successfully listed on NASDAQ. The opening price of the day was $13, and it rose and fell throughout the day, and finally closed at $17.75.

"Ajie, what do you think?"

On the day of listing, Du Shaojie, Pang Weidong and Xu Bo got together and kept an eye on the stock price trend of SINA.

As the first of the three major portals to go public, its stock price performance was disappointing. As of closing, it had only risen by about 22% from the issue price.

"I plan to watch it for a few days. Dongzi, Apo, it's not convenient to watch the market here. I plan to go to Hong Kong. You can come with me."

Du Shaojie only knew that SINA reached its peak when it went public, and the stock price began to fall after soaring, entering a period of severe bear market.

But he doesn't know the specific data, so he can only wait and see.

Pang Weidong and Xu Bo discussed it and decided to go to Hong Kong together since they had nothing to do recently.

The next day.

The three arrived in Hong Kong by plane.

Du Shaojie is not familiar with stock operations, but [Dingxin International] has professionals in this field.

"Mr. Du, since this stock has just been listed, it is difficult to analyze its future trend. However, Internet companies are all popular nowadays. I personally think it should be able to reach $50 or even higher."

This professional was responsible for helping them operate the market and provided operational suggestions.

Pang Weidong and Xu Bo's eyes turned red. If the stock price reaches 50 dollars per share, they will make a fortune. Not to mention more, 50 times the profit is almost the same.

But Du Shaojie is not so optimistic. Although he does not know the specific trend of SINA’s stock price, the Internet bubble is about to burst and he must not be greedy at this time.

“In this way, you can start selling when the stock price rises to $30, and sell more as it rises. If there is a sharp correction and the stock price falls below $20, you can close your position.”

Du Shaojie has his own ideas and will not completely accept other people's suggestions.

Pang Weidong and Xu Bo did not think much about it. They just followed Du Shaojie's instructions and sold whatever the other party sold.

The market was uneventful over the next few days. After Pang Weidong and Xu Bo's excitement wore off, they found it boring to stay here. Due to the time difference, US stock trading started at night, and watching the market was tiring.

Du Shaojie also felt that there was no need to keep a close eye on them, so after explaining things to Liang Meiqin, Winnie and the others, he left Hong Kong with Pang Weidong and Xu Bo.

Pang Weidong and Xu Bo went to deal with the matters of Yuedong Entertainment, while Du Shaojie went to Shenzhen.

The three of them hold a very small stake in SINA, with each holding only 100 million shares of the company, and none of them can be among the top 10 shareholders.

But after all, it is the first listed company to invest in the Internet industry, and several people attach great importance to it.

In the blink of an eye, it was May Day, and SINA's stock price began to rise steadily. On May 5, the closing price successfully stood above US$8, closing at US$30.

"Mr. Du, the three accounts sold a total of 12 shares, and the transaction price was all above $30."

The next day, Winnie called.

As Du Shaojie's selling conditions were triggered, the company's traders began to sell in batches.

The three people have a total of 300 million shares, and it is unrealistic to sell them all in one day. This operation method is the most appropriate.

"Okay, keep an eye on it and don't ride the roller coaster."

Du Shaojie didn't say much. Anyway, his operation was definitely not as good as that of a professional, so he just watched.

He was in charge of the headquarters building these days. Although Yu Jianxin had basically sorted out his work, he still came to visit from time to time. Facts have proved that Yu Jianxin's ability is completely comparable to Meng Gang's, and the company's development has not been affected at all.

转眼到了5月16号，SINA的股价首次突破了40美元，并在5月18号成功突破了50美元，收盘价报收在50.50美元。

"Mr. Du, 300 million shares of SINA stock have been sold out, and the average transaction price is $41."

Winnie called again, and the company's analyst said that the stock might continue to rise, but this had nothing to do with Du Shaojie anymore.

The 300 million shares raised a total of $1.2 million, which averaged out to $4000 million per person. It should be noted that each of them only invested 1000 million yuan at the time.

The current exchange rate is around 8.28, which means that 1 US dollar can be exchanged for 8.28 yuan.

It's really a big profit.

But the company's traders felt it was a pity because the mainstream view in the market now was that the stock would rise to more than $100.

"Well done. You can discuss this with General Manager Liang later and give appropriate rewards to the employees involved in this matter." Du Shaojie would not care about the follow-up matters, and he would not be jealous even if the stock price rose further.

after a few days.

SINA's stock price surged upward, reaching a high of over US$58, but it ran out of momentum.

Then, the stock began a long downward trend, with no end in sight. According to Du Shaojie’s memory, after the Internet bubble burst, the stock prices of the three major portals fell below $2, and even below $1.

This process takes years, and it’s still early.

Pang Weidong and Xu Bo were naturally delighted when they heard the news. This was the most successful investment in their lives, and they both felt that they owed Du Shaojie a favor.

Du Shaojie didn't care. The three of them had made a huge fortune by working together. He usually didn't care about anything, and Pang Weidong and Xu Bo never said anything.

He must be in a good mood after making money, so he called Liang Meiqin and the two of them went out for a walk.

A week later.

Du Shaojie returned to Guangzhou.

Pang Weidong and Xu Bo continued to deal with KTV matters. Another 5 KTV halls and 5 buffet restaurants were sold in packages, and the cash accumulated by them increased.

By June, NTSE was successfully listed, and the three people no longer had the same anxious mood as before.

They have invested a lot of money in this company and hold a large share of the shares, so the shares they hold have a six-month lock-up period.

Du Shaojie was too lazy to worry about it. Winnie would report the stock price trend to him from time to time. He would just listen to it since he couldn't trade anyway.

"Dongzi, you sold three of the five KTVs to the company's minority shareholders. Didn't Yin Qiang say anything?"

End of month.

Du Shaojie went to Beijing and met Pang Weidong again.

Pang Weidong was not shy and came to Du Shaojie's house today specifically to have a meal. Du Shaojie had no choice but to cook a few dishes himself.

While eating, Du Shaojie asked about the sale of the KTV hall.

The small shareholders of [Yuedong Entertainment] were dissatisfied with the asset sales by Pang Weidong and others, so they joined forces to take over three karaoke bars and three buffet restaurants.

During the transaction, these people discounted their shares in Yuedong Entertainment, so currently the only shareholders of Yuedong Entertainment are Pang Weidong, Xu Bo and Du Shaojie.

"Yin Qiang was born in the Year of the Dog, and he gets angry very quickly. When he came to me, we almost had a falling out. But later, I sold the remaining two karaoke bars and two buffet restaurants to him, and he finally settled down."

Pang Weidong was filled with rage when he talked about Yin Qiang. That guy was never reasonable and always bullied others by taking advantage of his power. Did he really think that he was afraid of him?

Of course, if he fought head-on, he wouldn't be able to gain any advantage, but the other party wouldn't have an easy time either.

Since he had made up his mind to withdraw from the KTV industry, he didn't want to create any trouble. He just wanted the other party to offer the price.

"Haha, let's do this from now on. Every time you sell a karaoke bar, find a few more buyers. Don't think that only he is qualified and others are not."

Du Shaojie doesn't want to be forced to lower his price in the end. The karaoke bar business is still very good with sufficient cash flow, so he has to sell it at a good price.

Pang Weidong laughed, the two of them had the same idea.

After eating and drinking, Pang Weidong said goodbye and left.

Qi Yan took Du Shaojie to see a concert. Her daughter is now attending a boarding school and only comes back once a week.

"Yanzi, you still have time to relax."

Du Shaojie was not interested in the concert, but Qi Yan listened with great interest.

After the concert, the two found a western restaurant for a midnight snack and seemed very relaxed.

"What should I do? I have endless work to do every day. It's much more tiring than when I was working away from school. I have to find a way to adjust myself."

"Yeah, it's good to relax once in a while."

There was nothing to do when they got back, so the two of them just ate slowly while chatting occasionally.

Both of them have a good mentality. Although their married life is not happy and sweet, they basically treat each other with respect. The key is that their careers are on the right track, and their views on people and things are different from before.

"By the way, husband, I've found a villa and want to buy it. Do you have any objection?"

Qi Yan put down the knife and fork in her hand, took a sip of red wine, and then said with a smile.

It’s not that she thinks her current residence is bad, but the surrounding environment is a bit poor, so she wants to move to another place.

"I have no objection, just do as you wish."

Du Shaojie smiled and shook his head. He had finished eating too.

So the two of them returned home together and did not mention buying a villa again.

A few days later, Qi Yan took him to look at houses, and finally chose a single-family villa and bought it in full. (End of this chapter)