Perfection of Rebirth

Chapter 512 Wholesale Multimillionaire
The three-day "2006 Celestial Internet Conference" came to a successful conclusion on September 9 at the Imperial Capital International Conference Center.Nearly 23 online media, including YY Live and Tudou.com, broadcast live, more than 20 media reported in depth, and nearly [-] people attended the meeting.

On the basis of combining the new development trends and market hotspots in the Internet field, the "2006 Tianchao Internet Conference" has been greatly improved and expanded in terms of scale and level compared with previous ones.

It can be described as a feast of the Internet!
For Guanghui Group, this feast has just begun!
On September 2006, 9, Meituan was officially listed on NASDAQ!

……

Meituan.com.

"What time is it, is it time to ring the bell?".

"Hurry up, we are already at eight o'clock in the evening, and it happens to be morning in the United States."

"I don't see many people leaving after get off work today."

"Who is in the mood to leave? Going back is also concerned about the company's listing, so it's better to stay in the company."

"makes sense".

……

Jiangping dormitory.

"Jiang Ping, the company where you did your summer internship is about to go public."

"I know, it should open soon, right?"

"With 10 minutes left, Meituan.com's offering price is US$25.2, with a market value of US$51 billion. I don't know how much it will increase today."

"Every time I see the fiery situation in the securities market, I feel that I should become a trader after graduation."

"Lili, why do I remember that last semester you said you wanted to go to an investment bank after graduation?"

"People change."

……

A stock investment fund company.

"As soon as Meituan opened, everyone went all out to buy and buy."

"Head, Meituan.com's profitability is not high, and the current issue price is not low. If it breaks, should we still buy it?".

Breakthrough of new shares refers to the fact that the stock falls below the issue price on the day it is issued and listed, and shareholders who win the subscription in the primary market will also lose money.In the stock market, when the stock price falls below the issue price, it is a breakout.

"How could it break? Nasdaq has been active since Niang's listing last year, and Chinese concept stocks have been frequently welcomed by investors. You need to worry about a new type of Internet company like Meituan, which has business all over the world. It's how many stocks you can grab, not whether you will break."

"Understood, I will go to sweep the goods as soon as the market opens."

……

nasdaq.

"9, 8, 7...".

"opening"!
……

"Green is green".

In China, saying that the stock market is green means that it has fallen, but in the United States it is just the opposite.

Chinese people think red is festive, while many Europeans and Americans think red represents violence and taboo.Most of the islanders believe in Shinto and Buddhism, they are most taboo green, that green is an ominous color.In addition, in the United States, because the color on the back of the dollar bill is green, green represents money and wealth.Therefore, in the North American stock market, green represents the rise of stock prices; in the stock markets of some East Asian countries, the opposite is true.

"Open at $27.8, up ten points".

"A lot of bills."

"It has risen again, and the increase has been directly pulled up to 13.4%."

China's stock market implements a price limit, no matter whether it is rising or falling, it will not exceed 10%.

The price limit refers to the stock exchange's regulation of the daily trading price fluctuation range based on the closing price of the previous trading day in order to curb excessive speculation and prevent excessive market price rises and falls.The stock price rises to the upper limit of the limit range as the daily limit, and falls to the lowest limit of the limit as the limit down.The price limit is a measure to stabilize the market.Jiang Hui thinks that this system is quite good now that the stockholders of Tianchao are blindly following the trend.

In fact, not only China has measures to stabilize the market, but also overseas financial markets.Such as circuit breaker measures and suspension of transactions, speed limit transactions, special quotation system, restrictions on declaration price and transaction price, adjustment by experts or market intermediaries, adjustment of transaction margin ratio and other measures.

In the final analysis, these measures are for the healthy and stable development of the market.

……

Office of Meituan.com in the Science and Technology Building.

"It has broken through [-] US dollars, and there are still many buy orders that have not been filled."

"Yeah~ Good luck with the opening~".

"Finally I can leave work with peace of mind, Xiao Geng, let's go and have a drink together."

"Our group is going to drink, I'll treat you."

"Come back and ask the leader for reimbursement~"

……

The next morning, Jiang Hui just came to the office.

"Mr. Jiang, the closing price of Meituan.com on its first day of listing was US$33.26, an increase of 32%, and its current market value is US$66 billion. The financing amount of this IPO is US$10.5 billion," Liao Yun said.

"Did it come from Lao Zhou?"

"Well, Mr. Zhou has sent an email and called me, let me report to you."

"This performance is not bad. Tell Lao Zhou that I will give them half a celebration banquet after returning to China."

……

Penguin News: Meituan.com was successfully listed on NASDAQ yesterday, and its current market value has exceeded RMB 500 billion, making it the third largest Internet company in China in one fell swoop...

Sohu News: The market value of Meituan exceeded 500 billion RMB, and employees voluntarily stayed to work overtime to watch the listing performance.According to people familiar with the matter, the listing of Meituan.com has allowed Guanghui Group to produce at least a dozen multi-millionaires and dozens of millionaires.Since the listing of Du Niang, Internet companies have once again let the world see its ability to wholesale rich people...

Tang Minghua, Lu Yang, Dai Fuqian, Li Shigui, Bai Xue, Zhu Zhengfeng, Lin Zhen, Yang Yan and others all had a stake in Dianxuenei.com in the early days, while Meituan.com, a group-buying module born out of Xiaonei.com, had an equity stake in the early days. The structure is the same as the school intranet.

Later, after several capital injections by Jiang Hui, several rounds of financing of Meituan itself, and the reorganization of several branches of Meituan before its listing, Tang Minghua and others held less than 0.2% of the shares of Meituan.But even this less than 0.2% of the shares are worth tens of millions, close to [-] million.

The official Weibo of Meituan and the official Weibo of other sister companies of Guanghui Group have posted news celebrating the successful listing of Meituan.

And Meituan.com even spent [-] million yuan in a promotional activity of "Celebrating the listing, [-]% off the whole site".

The [-]% discount for the whole site is not actually the fact that Meituan.com really wants to subsidize [-]% of the fee to consumers.This is because on the one hand, each product itself has a discount, but the discount is not that big.On the other hand, in order to make the event last longer, Meituan also discussed with various merchants to give additional discounts during this period.

All in all, if the whole site is [-]% off, meituan.com only needs to pay [-]% to [-]% of the funds.One hundred million can support a turnover of five to one billion.

Meituan's activity can be regarded as sharing the joy and benefits with consumers.

The ancients said: The prosperity of the world is all for profit; the world is full of hustle and bustle, all for profit.Benefits are what everyone desires, and users of Meituan.com are no exception.

(End of this chapter)