Chapter 319 Investing in Nasdaq China Concept Stocks
Chapter 319 Investing in Nasdaq's "Chinese Stocks"
Yu Hongbo quickly nodded and said with a smile: "The three major domestic portals are listed on Nasdaq, and I will take a look from time to time. Why? Mr. Hu is interested in which company?"
"Well, we're a little interested, why don't we take NES as an example."
ntes (Net & Easy) is one of the three major portals in China. It was successfully listed on Nasdaq in June 2000, with a total of 130 million shares issued with an issue price of US$15.5.
"Netes was born at the wrong time. At the beginning of its listing, it encountered the bursting of the Internet bubble and fell below the issue price on the first day of its listing. Mr. Hu, you see, this was yesterday's closing price, only $0.21."
In the memory of Poplar, the three major portals have been lower after they were listed on the Nasdaq, and now they are less than a dollar.
"Then buy some, but the same thing, don't worry, you can absorb it slowly. In addition, pay attention to some of the other Chinese stocks listed on Nasdaq."
Huyang confessed that Yu Hongbo actively bought ntes, and the transaction limit was temporarily set at 13 million shares.
As Hong Bo walked out of the office, Hu Yang laughed alone: "It's a bargain price. The other person's company doesn't allow us to invest, and we can't always be idle, right?"
According to Huyang's estimate, buying a little NTES stock requires at most several million US dollars. After all, this purchase is just a test, and he will invest more Chinese stocks in the future.
For example, sina (Sina) has a current stock price of about $1.5, while sohu (Sou & Hu) has a stock price of about $1.10.
Of course, Hu Yang did not think he was idle and began to gain luck in stock trading again. He could firmly believe that the cold winter of the Internet is about to pass, and the Internet economy will penetrate into all aspects of people's lives in the future.
The little thing he is doing now is to share the dividends brought by the rapid development of the Internet in the next few years.
Let’s not talk about anything else, just like ntes (Net & Yi), the stock price will rise to more than 300 US dollars in more than ten years. If he buys it now at a price of less than 0.3 US dollars, the stock price will rise by more than 1,000 times.
What does this mean? If Yu Hongbo finally bought 13 million shares of ntes (Net & Easy), the average transaction price was $0.27, and it cost less than $4 million in total.
If Hu Yang kept holding this stock, the highest price in more than ten years would reach US$355 per share. Based on this price, the market value of 13 million shares is US$4.615 billion.
Of course, he may not necessarily operate in this way for a long time. Even in the short term, he is confident that he will make dozens of times the profit within two years.
Subsequently, Hu Yang authorized Xia Bing to transfer 160 million US dollars from the company's US dollar account to the securities account, allowing Yu Hongbo to make an investment plan and strive to complete the purchase of the target stocks in three months.
This time, the investment plan is mainly aimed at Chinese stocks listed on Nasdaq and is carried out in the form of portfolio investment.
"Old Yu, this investment plan will be handed over to you. If the company does not have enough staff, you can recruit some temporarily. I have already told Mr. Xia about this. Be careful, stay up late and try to let young people do the work of watching the night market. If the funds are not enough, you apply to Mr. Xia and will handle it as appropriate at that time."
Populus euphemism gave an explanation to Yu Hongbo and then returned to the deep sea.
"Brother Hu, you're finally back. I said, it was a time of busyness at the beginning of the year. Why did you run to Xiangjiang for so many days?"
The day after Huyang returned from Xiangjiang, Chen Jialin came to him.
"Of course I have official duties when I go to Xiangjiang this time. Mr. Chen, seeing you looking anxious and angry, is there something big of a problem?"
Hu Yang also found it strange. Chen Jialin is usually very free and easy, and rarely sees him so serious.
"Hey, it seems that you haven't paid attention to the news recently. Lao Guo's factory has had several consecutive fights, and now our Wanshi Technology has suffered unrestrained disasters. Do you know? Now everyone is applying for a 'sweatshop', which has put a lot of pressure on me."
In the past few years, companies did not pay much attention to the working and living conditions of their employees, and some of the conflicts arising from this will gradually be exposed during the business operation process.
Not long after the establishment of Wanshi Technology, Huyang discussed this issue with Chen Jialin.
The meaning of Poplar is very clear. Even if it increases some costs, it is necessary to improve employees as much as possible, such as accommodation conditions, dietary standards, entertainment facilities, etc.
Who is honest? Wanshi Technology has done a good job in this regard. It rarely forces employees to work overtime for a long time, and also tries to provide employees with a relatively relaxed working and living environment.
But after all, enterprises are not welfare homes. Under the constraints of various rules and regulations, there are always people who have dissatisfaction with this and that. This problem is temporarily unsolvable.
"Mr. Chen, don't think so much. Compared with other companies, our Wanstone Technology has come to the forefront. So, the reputation of a sweatshop cannot be remembered by us. Besides, what kind of trolls are not in the society? Listen to them, then don't do anything."
Huyang knew that the spread of some public opinion was not that simple. But there was no need to make you nervous, just do your own thing well.
"You are talking lightly, and people don't scold you. In the past two days, the city has set up inspection teams to check problems in various enterprises such as working hours, production and living environment. I am too lazy to deal with these things, so I come out to hide."
After all, Chen Jialin was not born and raised in the mainland, and he still couldn't see through some things.
Hu Yang smiled and said, "It's a good thing for the city to come forward! For us, it's just that if there is something, it's just that if there is something, it's more encouragement. For the city, this is helping us clarify."
Whether it is supervision or inspection, if there is no problem, it will naturally help the company clarify. According to Populus Euphratica's estimate, this trend will soon pass.
"By the way, Brother Hu, let me tell you something serious. As soon as we started the year, the number of orders surged. The current scale of Wanshi Technology is almost unable to keep up with the production situation. In the deep sea, industrial land is becoming increasingly tight, and labor costs are also rising year by year. Do you think we should build factories in other places?"
Hu Yang didn't expect Chen Jialin to see this problem now. In the future, many factories in the deep sea will be moved out. The first is the problem of land prices, the second is the pressure of environmental protection, and the third is the requirement for the transformation of the deep sea economy.
"Well, your idea makes sense. But I don't think you have to go too far all at once. You can consider Guan City or the city on the east bank of the Pearl River Estuary."
Huyang felt that he could start building the second production base of Wanshi Technology. He was more inclined to go to a beautiful and quiet city with good economic development.
Chen Jialin thought about it, zh was close to Tai O, and all the conditions were acceptable, which was a good choice.
"That happens. I don't want to go to the company these two days, so I'll just go to zh for a visit. Brother Hu, are you going?"
Hu Yang smiled and shook her head, saying, "I won't go. Just take this kind of trivial matter, Mr. Chen will do it. In the past two days, my parents will come to the deep sea, so I have to accompany them."
In recent years, Li Guixiang and Hu Zhiguang have either stayed in Xingcheng or traveled everywhere. Over the course of a year, the total time spent in Yangcheng was less than three or four months.
After New Year's Day, they returned to Yangcheng. However, they did not live with Hu Yue, but lived in a villa at the foot of Baiyun Mountain.
Hu Yang originally said he wanted to go back, but Li Guixiang asked him not to run away. She said she would come to the deep sea for a few days.
Chen Jialin shrugged and said, "Then I won't disturb you anymore. Reunion with my family is also a big deal. Okay, I've talked with you for so long and feel much more comfortable. I'll go now."
The next day.
Li Guixiang and Hu Zhiguang took a bus to the deep sea. Poplar rushed home at noon and asked the chef to prepare a table of food.
"Yang Yang, you have houses everywhere now. Your dad and I still think that the old villa in the Magic City is the best."
Li Guixiang and the other walked into the house on the meal time, and the family of three ate and chatted.
Nowadays, Li Guixiang and Hu Zhiguang don’t have to think about unnecessary things. You can live as much as you are happy.
It is their greatest comfort to both sons and daughters.
However, in the past two years, they have also begun to have a heart disease. Hu Yang has not mentioned the issue of becoming a family, which makes parents and mothers feel a little anxious.
This time, I came to the deep sea, rather than being here to play, I was preparing to show up with Poplar.
"Yang Yang, your sister is pregnant, you don't know yet, right? In more than half a year, your father and I will not be so leisurely? I may even help your sister take care of the child in the future."
After my sister Hu Yue got married, she has not made any noise. Unexpectedly, there is good news now.
Huyang's brother-in-law has been transferred to Yangcheng, and Huyang asked someone to handle the matter. However, that guy is still the same now, working outside for four or five months a year.
"Mom, how can you ask you to take care of your children? Just hire two nannies at that time."
Huyang didn't want Li Guixiang to be affected, so he said casually.
"What do you know? If you hire a nanny, you have to have someone to take care of. I'm not relieved to throw it to others. And you, Yang Yang, you are not young anymore, so you should consider your personal problems, right?"
Finally bringing the topic here, Li Guixiang glanced at the expression on Hu Yang's face, trying to see something.
Seeing that Hu Yang didn't say anything, Hu Zhiguang also said, "Yang Yang, you have a successful career now and it's time to start a family. As the saying goes, starting a family and starting a family and starting a business are inseparable."
"Dad and mom, I will consider this matter, but don't urge me, don't worry, it won't delay your grandson."
Hu Yang didn't know how to tell the two elders about this, he really had no plans to get married until now.
In his previous life, Hupo’s marriage life was a mess, but until now, he was actually somewhat resistant to his marriage life.
But he also knew that it was impossible not to get married, but it would be fine in a few years.
Li Guixiang and Hu Zhiguang looked at each other, with a hint of worry in their eyes.
Chapter completed!