The penniless son of the penniless ...

Chapter 346 Ding Lei Wants to Go Public in the United States

Hearing Wu Xiuying say this, Zhang Junfeng nodded with emotion. It seems that his concerns are not wrong. It is better to be cautious in this regard. After all, this time is very different from the previous financial crisis, when international speculators followed the short selling in many countries.

Previously, he was just a small participant, but this time he is the leader. The nature and results of the two are very different. No one can guarantee what will happen if it is exposed. As for which financial institution to use to hype New Data Technology's stocks, it still needs to be considered.

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Thanks to the repeated deception and continued increase in stock prices by a number of financial giants on Wall Street in the United States, the stock prices of a number of Internet technology companies listed on the Nasdaq have also been rising steadily, constantly breaking their respective market value peaks.

As the leading Internet technology company in the United States, Microsoft's stock price has successfully reached the peak of 5000 billion US dollars. Many financial institutions that have invested in Microsoft have made a lot of money. Moreover, many of their senior executives believe that as long as the market trend continues, it will be absolutely no problem to break through the 6000 billion US dollar mark by the end of the year!

Also seeing their share prices skyrocket include a series of Internet technology companies such as Yahoo and Amazon. Communications companies and network companies that provide services to Internet companies are also favored by investors. Their share prices have increased several times in just a few months.

Especially Qualcomm, which is a household name in later generations, has seen its share price increase 1999-5 times since the first half of 6. Similarly, 12 other stocks have increased by more than 2-3 times, and the share prices of other network service companies have also risen accordingly. In short, the industry leaders eat meat, and the younger brothers behind them drink hot soup. Everyone makes money and gets rich together!
……

It was precisely because the stock prices of these Internet technology companies in the United States continued to rise that Ding Lei, the general manager of NetEase, who was far away in Longguo, had the idea of ​​listing on the Nasdaq in the United States. And as time went by, this idea became stronger and stronger and harder to restrain.

Ding Lei then contacted a group of his friends, especially Lei Jun and Qiu Bojun from Kingsoft Software and Ma Huazhuo from Penguin. As Internet companies that had also received a lot of funding from Comet Capital, Ding Lei wanted to persuade them to apply to Comet Capital in Korea together, go public in the United States together, and take advantage of the booming Internet companies.

Although his words made Lei Jun, Qiu Bojun and Ma Huazhuo quite excited, these company leaders were not blinded by the huge benefits described by the other party.

Especially Lei Jun and Qiu Bojun from Kingsoft Software, they have some concerns about going public in the United States. After all, they are not particularly familiar with the situation in the United States, and they do not know what relevant rules and regulations listed companies need to abide by there.

Moreover, compared to listing in the United States, Lei Jun and Qiu Bojun would rather list on the Hong Kong stock exchange first. After all, although Hong Kong is more than 2,000 kilometers away from the capital, it is easier for them to travel back and forth to Hong Kong or even say hello and use connections there. After all, listing involves a lot of things. If there are not enough connections and channels, whether it can be successfully listed is still unknown, and it is not something that can be done by just talking.

Ma Huazhuo's situation was relatively simple. Before Ding Lei mentioned going public in the United States, he had never thought that their companies could consider going public. Although he was tempted, he did not intend to take the initiative to bring up such a tedious matter. Instead, he could consult with Korea Comet Capital about its opinion. If the other party also supported going public in the United States, he would prepare for the listing step by step. If the other party did not support it, he would be happy to relax and continue to manage Penguin's current business.

After all, during this period of time, Ma Huazhuo has focused more of his energy on the company's current major profit-making projects, especially the chain Internet cafes in several major coastal cities and several popular games operated by the company, which have become the cash cow of Penguin Company, bringing them an amazing profit of several million RMB every month!
Penguin Company has already repaid most of the large loan it had applied for from the bank to open a chain of Internet cafes. In addition, the company's accounts, which had been completely depleted, have accumulated tens of millions of available funds. Life can be said to be quite comfortable.

And according to the news he got, a new strategy game developed by Nexon in Korea has entered the internal testing stage and will be officially launched soon. This is definitely great news for Penguin. In the past year or so, Ma Huazhuo and other senior executives of Penguin have deeply realized how much profit computer games can bring them!
In terms of funding, Penguin, which has many "cash cows", is definitely the Internet company with the most abundant funds and the most lucrative profits under Comet Capital! Even Kingsoft Software and NetEase combined only barely surpass it.

Since there is no shortage of money, Ma Huazhuo is naturally not so impressed by the idea of ​​listing Penguin.

……

Seeing that several of his friends had no plans to go public, Ding Lei was a little frustrated. However, he still insisted on his opinion that now was definitely the best time to go public. Once you miss it, it is hard to say whether you can get a high market value estimate if you want to go public again.

After all, during this period, new companies in the Internet industry have sprung up like mushrooms after a rain. It is not easy for these "old veterans" to maintain their leading position.

"...Old Ding, you should submit the application report for listing to Comet Capital first! If the boss agrees, NetEase's listing in the United States will soar to the sky~! Don't forget to bring us brothers with you~!"

Lei Jun, who was experienced, seemed to have noticed Ding Lei's condition and comforted him. After all, it was an extremely glorious thing for a company to be listed in the United States in this era. If Ding Lei could succeed, it would be a great encouragement for them. It might not be a bad thing to let him explore the way for them first.

"Yes, Brother Lei, if you succeed, the brothers can come to you to learn from you and absorb your experience~!" Ma Huazhuo agreed with Lei Jun's statement. After all, they were all good friends in the same circle. Although some of their ideas were inconsistent, they still hoped that the other party could succeed.

(End of this chapter)