Super Tycoon

Chapter 804 The stock price finally fell

In fact, since the beginning of 2007, the stock market in the United States has fluctuated greatly, but the stock price of Zhiduoxing 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, the insurance company, saw its share price rise rapidly, and it also guaranteed the government's bonds.

It is precisely because of this that Buffett's net worth skyrocketed, surpassing Bill Gates in one fell swoop. It's a pity that Buffett probably didn't expect Zhang Yang's net worth to rise faster.

In fact, Zhang Yang also felt that the rise in the stock price of Zhiduoxing Group was a bit abnormal. Although it was not considered falsely high, he was surprised that the market still rose when it was falling.

Fortunately, the listing of the subsidiaries of Zhiduoxing Group has been completed, and the financing was successful before the financial crisis broke out completely. Later, Will told him not to repurchase the shares of Zhiduoxing Group.

Only then did he realize that it was precisely because of his buyback that the stock price was driven up. When he stopped repurchasing, the stock price of Zhiduoxing Group finally fell.

...

"Finally it fell, that's great." Zhang Yang looked at the downward curve with a look of relief.

Yang Sulan looked at her son with a strange expression: "Did you drink at noon?"

"No, didn't I have dinner at home tonight?" Zhang Yang looked at his mother blankly, what do you mean?

"Your company's stock price has fallen without drinking, and you still breathe a sigh of relief?"

Yang Sulan couldn't figure it out. As someone who doesn't know much about business, she knew that if the stock price fell, it meant a loss. How could she feel that her son was expecting the company's stock price to fall?

"Mom, there is something I didn't tell you. I have an idea to delist the group company. You see, I have already listed the subsidiaries separately. In the future, Bingcheng Zhiduoxing and Jingcheng Zhiduoxing will be listed in two mainland markets. "

"The subsidiaries are all listed, so there is no need for the holding group to go public. And it will be more convenient for financial operations, especially for our family."

"The higher the stock price, the more money I will have to spend when I delist. Now that it has fallen, I can buy back shares with less money when I delist. Of course I am happy."

"The market value of the stock is all book assets, and it is not so easy to realize it. If the major shareholder of the company wants to sell the stock, he must first report it, which is troublesome."

Yang Sulan nodded thoughtfully: "Delisting, but the management is good. Why is it delisting for the convenience of operation? Isn't it convenient to manage the company now?"

"Let's put it this way. We have to tell others how much money a listed company makes. After delisting, we all know it ourselves. Didn't you always teach me to be low-key? I just want to be low-key."

"For this year's Forbes, after the announcement of the above rankings, my dad will become famous again, because he will also become the top ten richest people in the world. It is estimated that he will be the eighth, and I may be the first."

Steve Forbes has already called Zhang Yang on this matter in advance. Important rich people, Steve Forbes will call in advance, which is also a kind of relationship to maintain contacts.

The Forbes family not only owns magazines, but also has accounting firms, investment firms, law firms, investment companies, media companies, etc. 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 did you say? Your dad is also on the list? Doesn't your dad only own about 25% of the company's shares?"

"That's right, in Zhiduoxing Group, our shares are about the same. But do you know how much the company's market value is now? It's more than 160 billion US dollars. It's still starting to fall a little now. Otherwise, if it continues to rise today, it will break through 1." Seventy billion dollars."

"You do the math, one quarter, how much is my dad's share worth? More than 40 billion U.S. dollars.

In fact, the company still has many assets that others don't know about. I didn't allow some future revenue to be included in the financial report, otherwise the stock price may not fall. "

"Do you know how it fell today? I reported to my superiors that I wanted to cash out a sum of money, worth about one billion U.S. dollars, to invest in the Zhiduoxing Education Fund and improve life, which caused the stock price to fluctuate."

Zhang Yang cashed out stocks for the first time, which also made stockholders hesitate. Could it be that Zhiduoxing Group can't handle it? Are they also having financial problems?

In fact, at the beginning of 2007, there were signs of the outbreak 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. Don't many companies go bankrupt every year?

Some stocks fell, but many companies' stocks rose. Even now, there are still many companies whose stocks continue to rise.

The reason for this is that the stocks of some companies continued to fall. After many people cashed out, they chased up the stocks of some companies, hoping to make up for the losses.

When most retail investors buy stocks, they are chasing the rise. 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.

Retail investors are also unwilling to pay the fees of financial brokers, thinking that those brokers are cheating money.

In North America, almost every family 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 rich, so as to attract more retail investors to enter the market as leeks.

Last year, Zhiduoxing Group pushed up its stock price because of its product performance. Coupled with the influx of some retail investors, the stock price continued to rise.

Now that the decline in the market has been unstoppable, the U.S. government can't hold it back, and the Fed has used all kinds of methods such as continuous interest rate cuts, hoping to stimulate everyone's consumption and help the economy prosper.

But their subprime mortgage crisis could no longer be carried, especially when several leading companies broke out. The largest of these are the real estate and automobile industries, which are also the two largest lending industries in the United States.

Zhang Yang saw the opportunity, which stopped the rising trend of Zhiduoxing Group's stock price and created better opportunities for future buybacks.

As for donations, this is also true. Anyway, he can't run out of money, and the company's development is also very good. Donating to make some contributions will make many people jealous.

Some clamoring for him to donate all the remarks, Zhang Yang didn't pay attention at all. Those are idiots who are so envious that they are crazy, you and idiots can't reason with each other.

"Mom, don't worry about this matter. In short, our family can't lose. We can't spend this money in a few lifetimes. You go and see your grandson. I'll contact the people in the company."

Zhang Yang has to pay close attention to Will's plan, which is the key point.

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