P.S.: Chapter 256 has been approved. You can check it out by opening the table of contents.
ASML's stock price steadily rose from its IPO until October 31, and its market capitalization exceeded $4 billion.
However, ASML is really insignificant compared to internet companies.
At this moment, the world's attention is focused on the IPO of Wujiang Portal on Nasdaq.
"Wujiang Portal is really going public! The scale of this IPO is unprecedented, it's unbelievable!" A small investor exclaimed, looking at the newspaper article.
A month ago, the valuation of the Wujiang portal website had already exceeded $50 billion.
Just before its IPO, Wujiang Portal chose an offering price of $60 per share, with a total share capital of 1 billion shares and 200 million shares offered to the public.
The price of $60 per share was far higher than the market's previous expectations, setting a new record for the highest IPO price in Nasdaq history!
If Wujiang Portal's IPO is successful, its market capitalization will be at least $60 billion, raising $12 billion!
"Wujiang Portal's market value is sure to soar. First, Wujiang Portal accounts for almost 75% of the global portal market share; second, Wujiang Portal's advertising revenue and Wujiang Cloud Drive revenue are growing rapidly and have huge potential; third, Wujiang Portal is backed by the Wujiang Group, a business empire that other portal websites can hardly match!"
"Indeed, with the support of the Wujiang Group, how could Wujiang Portal possibly lose? Once the website goes public, we should just blindly buy its shares!"
"Hahaha, that's right, that's right, that's exactly what I'm planning!"
"..."
At 9:30 a.m. Eastern Time on November 1st, witnessed by countless people around the world, Tang Letong, CEO of Wujiang Portal, was moved to tears. The company executives beside him were also visibly excited. When the time came, Tang Letong and others rang the bell with small hammers.
Thump!
As the bells rang, colorful ribbons danced in the air!
The world's largest website has officially listed on NASDAQ!
When Wujiang Portal was listed on Nasdaq, investment institutions and retail investors rushed to buy in.
"Place your buy order now! Increase the price by $5!!!" A Wall Street firm, in its quest to acquire shares of the Wujiang portal website, directly raised the price by $5!
However, your price of 65 yuan per share was quickly overtaken.
Wujiang Portal's stock price climbed steadily, reaching $90 per share by noon.
It's important to know that there are no price limits in the United States; even if a stock price increases several times over, it's theoretically still possible.
Countless investment institutions and individual investors are ecstatic!
In just two or three hours this morning, Wujiang Portal's stock price rose by $30, a 50% increase—that's truly terrifying!
Seeing Wujiang Portal's stock price so high, its peers in the industry were not only envious but also excited!
Wow, Wujiang Portal's stock price is so high! My website must be worth billions, right?!
The founders and investors behind countless websites seemed to be on steroids, even more excited than Zhao Ye, all shouting that they also wanted to go public.
In the afternoon, before the market closed, Wujiang Portal's stock price reached a high of $118.5, with a total market capitalization of $118.5 billion, breaking through the $100 billion mark and shocking the world!
Currently, there are only a handful of companies worldwide with a market capitalization exceeding $100 billion.
However, no one expected that a website that has only been established for a few years and is still losing money would have such a high market value.
Wujiang Portal successfully raised a massive $12 billion through this IPO!
Countless people were stunned.
Many people who previously knew nothing about the internet and websites found themselves drawn to Wujiang Portal, studying why it had such a high market value, and then... unable to resist the temptation, they plunged headlong into the internet industry.
...
Chinese mainland.
When news of Wujiang Portal's successful IPO raising of $12 billion reached China, the entire nation was abuzz with excitement and it sparked widespread discussion.
Those who knew Zhao Ye were filled with mixed emotions.
Duan Yongping, the founder of BBK Electronics, put down his newspaper, his face still showing shock for a long time. After a while, he couldn't help but exclaim, "Wujiang Group is truly amazing! Even a casual subsidiary of theirs has a market value of over one hundred billion US dollars! It's absolutely terrifying! Our BBK Group is currently valued at less than 5 billion RMB. The difference is enormous!!!"
After saying that, he was filled with admiration for Zhao Ye.
Everyone knows that although the prototype of the Internet was built in the United States, it was Zhao Ye who made the Internet flourish and lit the "light of the Internet".
Genius! He's a fucking genius!
In China's five thousand years of history, we probably haven't encountered a prodigy like Zhao Ye!
Compared to Zhao Ye, Shen Wansan of the Ming Dynasty paled in comparison.
Even the founders of American financial groups like Rockefeller and Morgan were not nearly as great as Zhao Ye.
The capital city, Lenovo Corporation.
Liu Chuanzhi had been sitting in his office in a daze for a long time.
The better Zhao Ye did, the more uncomfortable and resentful Liu Chuanzhi felt.
Both Lenovo and Zhao Ye's Wujiang Group started with Chinese character cards, and Lenovo even had the backing of the Chinese Academy of Sciences, making it a powerful company. However, in the end, it was Zhao Ye's Wujiang Group that emerged victorious. In the past, Lenovo could compete with Wujiang Group, but now, Lenovo can't even be seen at the rear of Wujiang Group's business.
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