Rebirth 1981 starts with saving the sisters from the neighboring village.

Chapter 700 [Novel Reading Network Goes Public! 1000 Times the PE Ratio! ]

"Eh~ Your Chinese level needs to be improved." Peng Wanmei pretended to be disgusted and corrected them with a smile, "That's a great contribution!"

Peng Yingyue said: "That won't work. Our contribution is huge. It is right to surpass our master!"

Peng Wanhua and Peng Wanmei were both stunned.

I didn't expect that this girl was right.

But this girl really dares to take credit!

A cheerleading team became the core of victory in the game?

On the side, Peng Zhoudan and Peng Yingxi did not refute, but looked calm, obviously they had expected the performance of the two girls.

The two looked at each other silently without much explanation. No matter whether the two girls were arguing about whether their achievements were too great or too great, they just dragged their schoolbags back to take a shower.

in the days that followed.

Peng Wanhua brought in Huaqi Bank and several other parties to quickly finalize the valuation and investment in Sina, NetEase, and Alibaba.

First up is Sina, which was valued at 500 million before investment. The four parties invested 2000 million, and the total valuation reached 2500 million.

Among them, the investment company under Peng Wanhua Family Innovation Fund invested 20 million, Wanjiang invested million, Red Star Online invested million, and Huaqi Bank invested million, each holding % ​​of the shares.

In addition, Peng Wanhua is very caring towards this junior.

The parties agreed that all voting rights of the four investment companies would be given to Wang Zhidong.

Then there is NetEase.

The pre-investment valuation was 1000 million, and the four parties invested 3000 million, bringing the total valuation to 4000 million.

Among them, the investment company under the Family Innovation Fund invested 18.75 million yuan, Wanjiang invested million yuan, Red Star Online invested million yuan, and Huaqi Bank invested million yuan, each accounting for % of the shares.

Finally, it’s Ali.

The pre-investment valuation was 800 million, the five parties invested 3200 million, and the total valuation reached 4000 million.

Among them, the investment company under the Family Innovation Fund invested 16 million yuan, Wanjiang invested million yuan, Red Star Online invested million yuan, Hualan Consulting invested million yuan, and Huaqi Bank invested million yuan, each accounting for % of the shares.

This investment is not worth mentioning for Huaqi Bank.

There was not a single report on the news.

Only through word of mouth did the Internet industry circle gradually become known to others.

The result is that everyone in this small Internet circle knows that there are investment companies, Internet leaders and Huaqi Bank in Hong Kong that like to invest in the Internet.

At that time, there were very few banks in the inland that were willing to invest in the Internet.

Not to mention investing, even a loan is not available.

Because banks' valuation thinking about Internet companies is still based on the traditional thinking of fixed assets.

Think about it, a newly established Internet company team rents an office, rents a network, and besides buying some servers, what other assets can they have?

As a result, Huaqi Bank and several of its investment companies became famous instantly!

This has led some Internet entrepreneurs to come to Hong Kong to seek investment.

What made Huaqi Bank famous all over the world was the battle with Quantum Fund!

The Asian financial crisis is not over yet.

In early 1998, Indonesia was hit by another financial storm!

After making some gains in Hong Kong, international capital led by Quantum Fund has made a comeback and hit back at Indonesia again!

Indonesia is helpless in the face of its worst economic recession in history.

Watch as the exchange rate between the Indonesian rupiah and the US dollar falls below 1!

There was wailing in Indonesia, and all the rich people were frantically selling their rupiah in exchange for US dollars.

Capital is profit-seeking, and they cannot just watch the US dollars stay quietly in the bank, so these capitals have been invested in US stocks, driving US stocks to rise further.

Among them, Internet stocks are the most promising, with particularly terrifying increases!

Microsoft and Cisco increased by more than 100%!

But it's not over yet.

Affected by this, the Southeast Asian foreign exchange market is bleak!

The Singapore dollar, Malaysian ringgit, Thai baht, Philippine peso and others all fell.

Larger amounts of capital began to flee from their respective countries and invested in the best-performing U.S. stocks.

It was not until these Southeast Asian countries encountered even more serious political and economic crises and knelt down begging for mercy that Western international capital let them go.

However, the price was heavy. Southeast Asian countries signed a series of humiliating treaties with the International Monetary Fund, giving up dominance over their national economies.

It is also called a new economic reform plan.

At the same time, Japan and South Korea, which have close economic ties with Southeast Asia, are also in trouble.

其中日元汇率从1997年6月底的115日元兑1美元,跌至1998年4月初的133日元兑1美元!

Between May and June, the Japanese yen exchange rate continued to fall, once approaching the mark of 5 yen to 6 dollar!

With the sharp depreciation of the Japanese yen, more small-time capital has chosen the US dollar and invested in US stocks.

As a result, the wealth accumulated by the Four Asian Dragons and the Four Asian Tigers over the years has all been transferred to the U.S. stock market on a large scale!

U.S. stocks jumped up and soared!

Internet stocks began to soar!

Among them, Yahoo rose by more than 300%!

AOL's share price increased by more than 400%!

Amazon's stock price increased by more than 500%!

And these are just small companies.

The market value of Microsoft has risen to 4000 billion, and Cisco has risen to 2350 billion US dollars!

The market value of SoftBank's three subsidiaries has soared, among which NTT's market value has soared to 1300 billion! NTT DCM's market value is 1860 billion! NTT-MP's market value is 800 billion US dollars!

As one of the leaders in the Internet industry, HiChina Technology also soared by more than 400%, with a market value of US$1680 billion!

Red Star Online, also a leader in the Internet industry, saw its share price rise by more than 400%, with a market value of US$2610 billion!

As the big brother of the Internet, Meijing Technology owns many Internet companies including software, hardware, and network, and its market value has reached 4700 billion US dollars!

This is not the scariest!

Webvan, an Internet company that entered the snack and department store market, launched its snack products in June 1999, claiming that they were 6% cheaper than ordinary offline stores and that there was no delivery fee.

At the time of IPO, it only generated $400 million in revenue, but after the IPO, its market value directly reached $80 billion!

Even if the $400 million is all net profit, the price-to-earnings ratio is 2000 times!

The key point is that this company does not have so much net profit and is still making a loss!

As more and more funds flow into the U.S. stock market and Internet stocks become more and more popular, the price of stocks has begun to have nothing to do with the company's current revenue and profits.

The market and investors are more concerned about growth and expectations for future prospects.

The more losses a company suffers, the more it proves that it will be more unscrupulous in its pursuit of growth, and the more it is sought after by some unconventional capital markets.

Just at this time, the novel reading website went public.

This company, currently the world's largest online reading Internet company, once again gave all shareholders a big shock!

The listing price of Novel Reading Network was US$8, and it soared 280% on the day of listing to US$30.5!

The total market value has reached 780 billion US dollars!

Novel Reading Network's profit in the past year was only 7500 million US dollars.

Therefore, the price-to-earnings ratio directly reached an extremely terrifying 1000 times!


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