Chapter 804: The stock price finally fell
-
Super Tycoon
- Qiong Si
- 1234 characters
- 2021-03-02 05:50:01
In fact, since the beginning of 2007, the stock market in the United States has been relatively volatile. The stock price of Kezhiduoxing Group is still rising against the trend, and the stock prices of many companies continue to rise.
Like Buffett's company, the stock price has been soaring. His investment company, insurance company, and stock price have all risen rapidly, and he also guarantees the bonds of political axe.
Because of this, Buffett's net worth soared, surpassing Bill Gates in one fell swoop. Unfortunately, Buffett might not have imagined that Zhang Yang's net worth rose faster.
Zhang Yang actually thinks that Zhiduoxing Group's stock price has risen a bit abnormally, although it is not a false high, but the market is still rising when it falls, which also surprised him.
Fortunately, the listing of the subsidiaries of Zhiduoxing Group was completed, and the financing was successful before the outbreak of the financial crisis. Later, Will told him not to repurchase Zhiduoxing Group shares.
He only reacted, precisely because of his repurchase, which increased the stock price. When he stopped buying back, Zhiduoxing Group's stock price finally fell.
……
"Finally it fell, so good." Zhang Yang looked at the downward curve with relief.
Yang Sulan looked at her son with a weird expression: "Are you drinking at noon?"
"No, am I not eating at home at night?" Zhang Yang stared blankly at his mother, what did it mean?
"Without drinking, your company's stock price has fallen, are you still relieved?"
Yang Sulan couldn't understand it. Anyone who doesn't know business knows that if the stock price falls, it means that she has lost money. How do you feel her son is expecting the company's stock price to fall?
"Mom, I didn't tell you something. I have an idea to delist the group company. You see, I have listed the subsidiaries separately. In the future, Bingcheng Zhiduoxing and Jingcheng Zhiduoxing will be listed in the mainland market. "
"Subsidiaries are listed, the holding group does not need to be listed. And this is more convenient for financial operations, especially for our family."
"The higher the stock price, the more money I will spend when I delist. Now that it has fallen, I will be able to repurchase shares less when I delist, of course I am happy."
"The market value of stocks are all book assets, and it is not so easy to realize. The major shareholders of the company must first report to sell the shares, which is troublesome."
Yang Sulan nodded thoughtfully: "Delisting, but the operation is good. Why is the delisting just for the convenience of operation? Isn't it convenient to manage the company now?"
"So let me tell you how much money a listed company makes. After delisting, let us know for yourself. You are not always educating me. Do you want to be low-key, I just want to be low-key."
"Speaking of this year's Forbes, after the above rankings are announced, my dad will be famous again, because he will also become the top ten of the world's richest person, is expected to be the eighth, and I may be the first."
This matter Steve Forbes has called Zhang Yang in advance and passed through. Important rich people, Steve Forbes will communicate in advance by phone, which is a kind of relationship to maintain the network.
The Forbes family has not only magazines, but also accounting firms, investment firms, law firms, investment companies, and media companies. There are many industries.
It's just that the most well-known product under their family name is Forbes Magazine, especially the rich list above.
"What are you talking about? Your dad is also on the list? Isn't your dad only about 25% of the company's shares?"
"Yeah, in the Zhiduoxing Group, our shares are about the same. But do you know how much the company's market value is now? More than 160 billion US dollars, this is still starting to fall a bit, otherwise it will rise today and break through one. Seventy-seven billion dollars."
"You count, how much is the value of my dad's shares in one quarter? More than $40 billion. In fact, the company still has many assets that others don't know about, and I will not put some future revenue into the financial report, otherwise the stock price I'm afraid it won't fall."
"Do you know how it fell today? I reported to the above that I wanted to cash out a sum of money, worth about one billion US dollars, to invest in Zhiduoxing Education Fund and improve life, so that the stock price fluctuated."
Zhang Yang's first cash out of stocks also gave investors hesitation. Is it possible that Zhiduoxing Group can't bear it? Do they have financial problems?
In fact, at the beginning of 2007, there was a sign of the financial crisis, but at that time many people did not believe it. In their view, it's just that some financial companies have gone bankrupt. Isn't there a lot of companies going bankrupt every year?
Some stocks have fallen, but there are many companies whose stocks have risen. Even now, there are still many companies whose stocks continue to rise.
The reason for this is that the stocks of some companies continue to fall. After many people cash out, they chase up the stocks of some companies and hope to make up for the loss.
Most retail investors chase up when buying stocks. They don't know how to analyze stocks or how to analyze a company's financial situation. These methods are only used by large investment companies.
Retailers are also reluctant to pay the fees of financial brokers~EbookFREE.me~ think those brokers are cheating money.
On the North American side, almost every household above the middle class buys financial products such as stocks or bonds. Many poor people also want to buy, but they have no money.
Every year, the media will hype some ordinary families who have bought stocks, and become a wealthy class in order to attract more retail investors to enter the market as leek.
Zhiduoxing Group last year, because of the good performance of products, which pushed up the stock price. Coupled with the influx of retail investors, the stock price continued to rise.
Now that the broader market decline can't be stopped, the US political axe can't bear it. The Fed's continuous interest rate cuts are all used. It hopes to stimulate everyone's consumption and help the economy prosper.
But their subprime mortgage crisis can no longer withstand it, especially when several leading companies break out. The largest of these are the real estate and automotive industries, which are also the two largest industries in which the United States lends the most money.
Zhang Yang saw the opportunity, which stopped the rising trend of Zhiduoxing Group's stock price and created better opportunities for future repurchase.
As for donations, this is also true. Anyway, he can't spend all his money. The company has also developed very well. Donated to make some contribution, the province has made many people jealous.
Some words clamoring for him to donate completely, Zhang Yang simply ignored it. Those are silly ×s who are jealous to madness.
"Mom, you don't need to take care of this matter. In short, our family can't lose money. We can't spend the money for several lifetimes. You go to see the grandson. I'll contact the company."
Chapter Yang had to take care of Will's plan, and that was the point.
(