As the listing time approached, with three minutes left before the market opened, Li Jin had been invited to a makeshift stage.
This stage is built under the largest main electronic display screen of the Nasdaq trading center, and it is the first place everyone sees.
Amid everyone's attention, Li Jin and Tang Jun walked onto the stage together.
In the center of the stage, there is a big clock.
Since the establishment of the Nasdaq exchange, the legal representative of every stock listed here will come here and ring this big bell.
This is tradition and a symbol.
On the electronic display screen, welcome words such as "Nasdaq welcomes the new wolf" are constantly circulating. Hundreds of traders are already in place, and dozens of reporters are ready to take photos of this historic event.
moment.
Li Jin took the gavel from a manager of the trading center and was about to invite Tang Jun to join him, but Tang Jun smiled and shook his head.
"Mr. Li, you should ring this bell alone," Tang Jun said.
Li Jin was stunned for a moment, and when he saw the twinkling light in Tang Jun's eyes, he stopped insisting and said, "Okay."
Everyone raised their heads and looked intently at the electronic screen that occupied the entire wall, which displayed the logos of Nasdaq and New Wolf, as well as an electronic clock.
The second hand of the electronic clock keeps beating until it approaches 9.30 minutes.
"5..."
"4..."
"3..."
"2..."
"1..."
Hundreds of people in the entire trading market were counting down at the same time.
At 9:30 a.m. U.S. time, Li Jin used the gavel in his hand to knock down the golden bell representing the opening of the market.
"哐..."
The low and powerful bell echoed throughout the trading center.
Amid people's cheers, reporters flashed their flashlights wildly to record this historic moment.
At this moment, since the Internet economic bubble burst, the first Internet company stock from China broke through the bubble crisis and landed on the Nasdaq exchange.
Stock code: ng!
After ringing the bell, Li Jin and his party got off the stage and began to pay close attention to the changes in stock prices.
"I'm a little nervous." A senior executive took a deep breath, feeling a little restless.
Tang Jun was very relaxed and said with a smile: "The stock market trading rules in the United States are different from those in our country. The first trading day of new stocks here focuses more on the number of subscriptions. The more investors subscribe, the higher the stock price will be, so
It will take a while for the data to come out, don’t worry.”
In the United States, when new stocks are listed, ordinary investors pay directly to subscribe.
For example, New Wolf’s current issue price is US$25, and the total outstanding shares are US$96 million.
The more investors who subscribe, the price will rise.
The most important point is that during this subscription process, there is no 10% limit on the price increase.
In other words, as long as New Wolf is good enough, it can directly reach a price of US$200 per share.
But is it difficult?
It's so big that it's unimaginable.
The current stock market is no longer as crazy as it was before the Internet economic bubble burst.
As the global economic growth slows down, the growth rate of trading volume on major exchanges, including the Nasdaq and the Dow Jones Index and the Nikkei Index, has dropped significantly.
This proves that investors' enthusiasm is gradually decreasing, and there is not as much hot money in the stock market as before.
More and more investors are becoming more rational and will no longer rush into a certain sector.
Li Jin's calm expression hides huge pressure.
In the bustling trading center, Li Jin calmly looked at everything in front of him.
Reporters are still trying their best to interview executives of New Wolf, while traders are already preparing to take calls to start the day's work.
The atmosphere of money and fame is everywhere.
All of this made Li Jin feel that the burden on his shoulders was getting heavier and heavier.
From the issue price of $25 to $120, this is an increase of nearly 5 times.
Not to mention Li Jin, even if Buffett came in person, he would not dare to make such a guarantee.
"What are you thinking about with a sad face?" Li Songci's voice interrupted Li Jin's meditation.
Li Jin turned his head, looked at Li Songci's relaxed look, and said with a smile: "I'm still worried that the stock price won't rise, but you're good, you look like you're fine."
"Oops." Li Songci pinched Li Jin's arm and said with a smile: "Don't worry, even if you don't rush forward, it doesn't matter. Your most fundamental purpose is to use the new wolf's listing to get a sum of cash to relieve you.
Regarding the cash flow problem, according to the current popularity, this goal can definitely be achieved."
"As for the rest, it's no big deal whether it's a bet or not, and if it can't be fulfilled, I'll resign and go home and wait for you to open a bank to support me."
As he said that, Li Songci stared at Li Jin warily, "You don't want to default on your debt, do you?"
"I can't rely on it." Li Jin smiled, but then the smile on his face faded and he said calmly: "Since my debut, I have only lost half a chip in a capital competition with Wall Street once, and the feeling of losing is not good..."
"I don't like losing!"
At this moment, as the Nasdaq exchange started trading, most investors from all over the United States were sitting in front of their computers, operating with serious faces.
In a middle-class family in Michigan, David is a lawyer and his wife is a senior manager of a local company. Their strong family background is not only due to their stable and decent jobs, but also to David’s gains in the stock market over the years.
profit.
"Damn state telecom operators, I'm going to sue you!"
David looked at the computer with a red face. He wanted to snap up shares of New Wolf, but the damn network was interrupted at this moment.
He kept roaring and attracted his wife's attention.
"David, what's wrong with you? Do you need a cup of coffee?"
My wife stood at the door and asked with concern.
"It doesn't matter, it's just that this damn telecom operator is delaying me from making money. If I don't succeed in buying New Wolf's shares because of this, I will definitely sue them!"
David said anxiously.
At this time, the network suddenly recovered. Looking at the prompt on the computer that the transaction was successful, David laughed excitedly: "I bought it! I bought it!"
"Oh, my God, did I see it wrong? This price!? Why did it go up so fast!?"
Similar situations continue to occur across the United States.
All those people who were eager to snap up shares of New Wolf in front of their computers also discovered that New Wolf’s stock price was simply terrifying.
One second it was still at the same price, and the next second it rose by 20% or more.
With the sky-breaking demand and the limited supply of total equity, the relationship between supply and demand has directly caused New Wolf stock to become a hot commodity.