Baidu's stock exploded, a huge explosion.
While Microsoft, a world-recognized internet giant, has a share price of less than US$30, a Chinese Internet company dares to set its stock issuance price at US$66.
Many people feel that this Chinese Internet company is crazy, and even Wall Street elites are beginning to prepare to short-sell the stock and make a fortune.
As a result, the stock began to rise at an incredible speed from the moment it was listed on the market. It more than doubled in half a day and reached a high price of $138.
This kind of stock price is second to none among Internet company stocks in the world, and it has shocked countless people.
What people did not expect was that such a big explosion was just the beginning. After the opening of the afternoon, Baidu stock, which many people expected to fall, did not fall back.
Instead, it continued to climb with the same exaggerated increase as in the morning, breaking through the price of 200 US dollars in one fell swoop. Everyone felt that those who bought this stock were crazy.
How could such an Internet company, or an Internet company from China, have its stock price reach such a high level?
But the madness did not stop. At the close of the afternoon, Baidu's stock topped $245.37. One day's stock gain is nearly four times Google's annual revenue last year.
Those who bought Baidu stocks were indeed crazy, and they were crazy with joy. No one thought this stock could create such history.
A Chinese Internet company turned out to be a superstar in the U.S. stock market, and led the stocks of all Internet companies to rise slightly that day.
"So high?" Yang Dongxu was also confused after seeing Baidu's closing price.
He was sure that Baidu stock would explode and could be held for several years, but he didn't expect that the stock would be so big that it almost overwhelmed him.
"How many stocks did you buy there?" Yang Dongxu couldn't help but call Chen Xin.
"The money we prepared before was spent immediately." Chen Xin replied.
"What about this stock?"
"The Kennedy family and Jack Jr. bought a lot, and Jack Jr. seemed to have used funds from his consortium. Then in the afternoon, a lot of big capital came in."
"This is really..." Yang Dongxu didn't know what to say for a while.
I just flapped my butterfly wings a little, and I thought whoever bought Baidu stocks would make money, and I had already prepared the funds.
Instead of letting other onlookers eat the rest of the cake, it is better to give little Jack and Kennedy a discount. After all, this way he can still gain a wave of favors.
The result was such a big chain reaction that even consortiums got involved, sending Baidu stock to the sky.
"Are we going to sell our stocks tomorrow? Many Wall Street media are now reporting that Baidu stock will fall sharply or even collapse when the market opens tomorrow." Chen Xin was breathing heavily.
To be honest, she has seen big scenes in recent years and is a financial giant with tens of billions of dollars in investment funds. But the stimulation given to her by Baidu Stock today still made her feel excited and a little uneasy at the same time.
In fact, it is not just the Wall Street media and other American media that are pessimistic. Many investors who have made a lot of money by buying Baidu stock do not have much confidence in the stock at this time.
I am afraid that this will be another Internet financial bubble. After all, the Internet bubble in 2000 is still fresh in our minds. So many people are hesitating whether to sell this stock when the market opens tomorrow.
"Is the investment company short of investment funds?" Yang Dongxu asked.
"Funds are sufficient and there is no shortage."
"Then continue to hold it. You can prepare some more funds. If there is a decline tomorrow, you can absorb a wave of hundreds of stocks at a low price."
"Still buying it?" Chen Xin exclaimed.
Through the phone, Yang Dongxu could imagine that Chen Xin's mouth was open and his face was full of surprise.
"Of course, why not do business that can make money? Don't worry, even if you don't count the markets in other parts of the world, the domestic market alone has enough room for growth at a hundred-degree level.
He has no competitors in China, the only competitor is my 361. But 361’s development body is no longer focused on search engines, and its focus is elsewhere.
Therefore, when 361 forms its own business closed loop, it will take at least several years to complete the search aspect.
Moreover, 361 will not be listed as a whole. When necessary, it will only split several wholly-owned subsidiaries and list them. The impact on Baidu will not be great.
In the next five or even ten years, domestic search engines will be dominated by Baidu. Given the current development speed of the domestic Internet, how much higher do you think its stock price can rise? "
"I don't know. My mind is a little confused right now and my mood is a little complicated." Chen Xin said.
Yang Dongxu laughed dumbly. He was shocked when he saw Baidu's crazy stock price, let alone a personal participant like Chen Xin.
Not only Chen Xin, but now the entire top management of Baidu is going crazy. More than a dozen billionaires, hundreds of multi-millionaires, more millionaires, and the richest man in the country were all spawned in one day. This movement was like a nuclear bomb explosion in the Internet industry.
"Hold it first, and I will tell you when to sell it." Yang Dongxu didn't let Chen Xin guess, and made the best decision directly. This way, there is no need to think. As long as An is told to do things, Chen Xin can feel a little more at ease. As for whether he can sleep well, it depends on Chen Xin's personal psychological quality.
"It's really crazy, but the spring of the Internet is coming, and it's normal to be a little crazy." Looking at the introduction about Baidu's stock price in his hand, Yang Dongxu shook his head.
Baidu at this time seems crazy and abnormal, but it is only at this time. It will take a few years for Microsoft to recover from the Internet bubble in 2000.
Google began to spread out around the world, Amazon and Oracle got on the rocket thrusters, and Big Apple stood at the forefront of smartphones.
Baidu, who seems crazy now, will be at the level of a younger brother compared to these real bosses a few years later.
After all, these large companies are heading straight for the trillion-dollar super empire, and when Baidu's market capitalization was at its highest, it was still just a stone's throw away from the 100-billion-dollar club but had not successfully crossed over.
However, it was a pain for hundreds of people that we did not cross the 100 billion mark in our last life. This life went viral as soon as it was launched. I don’t know if Boss Li can overcome this hurdle.
"It's crazy." Qiu Bosong, who had dark circles under his eyes, placed several newspapers from this morning in front of him. All newspapers were turned to the economic column, and they were full of news about the explosion of Baidu stock in the United States.
"Who says it's not?" Although he calmed down a little, Yang Dongxu was still a little excited when facing Baidu's stock price.
Because the brain will unconsciously calculate how much money it can make if it sells the Baidu stock it currently holds at this price.
"Will Baidu's stock price really collapse when it opens tomorrow?" Qiu Bosong asked.
Although the current domestic media coverage of Baidu is that the situation is very good, Qiu Bosong, who has other sources of information, knows it. Now the whole Wall Street seems to be bad-mouthing Baidu.
"It is certain that the stock price will fall back. After all, the price is indeed too high. But it is definitely impossible to say that it will collapse. The stock price has risen sharply after it was listed, which shows that there is a lot of capital optimistic about Baidu.
Since they are optimistic, they will naturally hold Baidu shares. If these capitals do not move, those retail investors who dive into the market will not create any atmosphere. Therefore, it will cause certain stock price fluctuations, but it will not collapse. "
Yang Dongxu said confidently, that's why he was so confident. That's because as long as he, Jack Jr. and Kennedy, the three big investors, don't sell their shares in Baidu, it's really not that difficult for Baidu's stock price to collapse tomorrow.
What's more, when Yang Dongxu called Chen Xin just now, he told her to prepare some money to absorb another wave of Baidu stocks if the price is really low tomorrow.
"How much will it fall?"
"The stock market is not run by my family, how do I know how much it will drop?" Yang Dongxu rolled his eyes, "Okay, go to bed quickly. I will give you a day off today, so you won't be absent from work. You are really old. Stayed up all night.”
"It's okay to stay up late occasionally. Besides, don't I have a holiday during the day so I can sleep? It's not like long-term sleep deprivation may cause sudden death." Qiu Bosong said half-jokingly.
However, in the face of Baidu's stock price, I still can't sleep despite the turmoil in my heart.
But age comes into play here, so he is indeed a little sleepy at this time because of his yawning.
"Okay, go to bed quickly. How about taking a rest in my rest room?" In addition to a large office space, Yang Dongxu's chairman's office also has a bedroom next to it.
That's where I usually take a nap when I come here to work.
"Forget it, I'd better go home and sleep. When sleeping in the company, there is always a sense of urgency to get up and work. If I go home and sleep well, I won't stay here and be exploited by you." Qiu Bosong waved his hand and stood up. Left the office.
Qiu Bosong left, and Sun Yang walked in with the documents.
"The Sailing Game Team has already made a beta version of the first competition version. This is the information about the changes. I will upgrade the Sailing Platform in your computer for you. You can take a look at it."
"Put it over there. I'll look at this financial statement after reading it. Do I have any other schedules for today at the company?" Yang Dongxu asked.
What he does as a boss is actually a bit weird. Normally other big bosses have a full schedule.
As a hands-off shopkeeper, the company will first make sure that he is not free, and then make arrangements for his schedule when he comes to the company, unlike other company bosses who arrange their schedules a week in advance.
"If you are free, I will make arrangements right away." Sun Yang said.
"I don't have time. If there's nothing important, I can just approve the documents in front of me. Don't arrange other things." Yang Dongxu said with a smile.
Sun Yang nodded and retreated. There was really nothing he could do about his big boss.
But although the big boss works very casually, as a part-time worker, he has to be diligent and do everything well without making any mistakes.
