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Chapter 727 40 Billion Market Value

nine thirty

New York Stock Exchange officially opens

Then, ten minutes passed...

Dangdang——

A bell rang

The opening price of Chengzi Technology was US$30, and in less than thirty minutes, it skyrocketed to US$35.

The decline that some people expected obviously did not occur. In the following trading sessions, Chengzi Technology's stock price continued to rise.

As of the official closing at 4 p.m., Orange Technology's share price rose to US$43. On the first day of listing, Orange Technology's overall increase reached 43%, with a total market value of US$43 billion.

Chengzi Technology’s listing financing plan was a complete success.

In the United States, there are not many listed companies with more than 10 billion US dollars, but it is the first time in history that a foreign-funded company has reached such a high market value and raised more than 10 billion US dollars on the first day of listing.

Originally, the opening price of Chengzi Technology was not low, but now the market value of Chengzi Technology has exceeded 40 billion US dollars, which shocked the entire Wall Street and major American media.

Before Internet technology companies could unleash their power, Orange Technology taught all Americans a hard lesson.

As the market value of Chengzi Technology has skyrocketed, Yang Chen, who holds 70% of the shares of Chengzi Technology, has officially been promoted to the list of billionaires and has become a world-class capital tycoon.

Wealth does not distinguish between east and west, country or region. In just over a year, this young and somewhat excessive young man in front of me has created an unprecedented myth.

His wealth may not be the largest in the world, but it exceeds the total net worth of most of the richest people in the United States and even the global rich list.

People who know him know very well that Chengzi Technology is just one of his many companies.

As the global game market continues to boom in recent years, more and more people have seen the potential benefits of the game market. As an emerging market, games have developed rapidly and attracted the attention and participation of countless people.

In the past, many people have seen the hidden crisis in home consoles. The quantitative model adopted by Atari has caused many people to maintain a wait-and-see attitude towards the game market.

However, this wait-and-see momentum was broken by Yang Chen. The other party found another way and took the handheld game console route, allowing the entire United States and even the whole world to participate in the game world.

In this era of underdeveloped Internet and limited entertainment media, the game market is undoubtedly a cornucopia.

The development of Nintendo in previous generations has actually proven this. If the United States had not lost its golden period of the intermediate game market, the world game market would have far exceeded the size of previous generations by several times.

In the future, Internet giants will all be vying to enter the game market. You can fully imagine what the profits will be.

The share price of Chengzi Technology far exceeded external expectations. No wonder the GB game console was so powerful. Before its listing, it delivered a report card that moved everyone.

With profits as high as 40% and billions of dollars, no one can help but want to get a piece of the pie.

Moreover, Chengzi Technology also intends to enter the home console and arcade market. As long as Chengzi Technology can successfully gain a foothold in the three major game console markets, then Orange Technology's market value and stock price will be basically stable.

With such gratifying results, Yang Chen no longer had the usual boredom when facing a crowd of media reporters, and ordered his bodyguards to hand out red envelopes to everyone on the spot.

This red envelope was specially prepared by Yang Chen at noon, just to show off.

For this interview, Yang Chen unexpectedly had no time limit. He stood in front of a group of reporters and allowed them to ask whatever questions they wanted.

Reporter: "Mr. Yang Chen, how do you feel now? Are you still satisfied with the gains achieved by Orange Technology's listing today?"

There was a smile on Yang Chen's face, "Reflections, to be honest, I don't have any feelings right now. As for today's harvest, so far, I am quite satisfied, and it is expected..."

After answering the reporter's question, Yang Chen saw that he was still about to speak, so he couldn't help but interrupt: "One person, one question."



Reporter: "Mr. Yang Chen, everyone said you were the richest man in China before, and now you are worthy of your name. Although your name is not included in this year's Forbes rich list, with your current worth, do you think you will be included in next year's Forbes rich list?"

No hope of becoming the world’s richest man?”

Yang Chen was stunned when he heard this, and the reporters at the scene were also stunned. At this time, everyone remembered that Yang Chen did not seem to appear on this year's Forbes rich list.

Earlier, major European and American media had reported on Yang Chen in all aspects. With his worth, even if he couldn't make it to the top, he should still be on the list.

Yang Chen smiled and said: "It's still too early for me to say anything about the world's richest man, but the richest man in China and the richest man in Asia, I think I'm working hard, so it shouldn't be a problem."

The Forbes rich list has always only included apparent wealth. With his current worth, it is indeed not easy to become the richest man in the world.

In the first issue of the Forbes Rich List, the celebrities who emerged are truly awesome. Many of the people and families on the list have never been heard of before.

At first, he was also shocked.

Especially for the Forbes Rich List, after the first issue was released at the beginning of this year, all subsequent reports that were supposed to be conducted disappeared.

Yes, it's all gone.

Forbes magazine has not reported any information related to the top few richest people.

And the worth of each of those people is no lower than what he is now, especially those in the form of families, whose wealth is particularly astonishing.

In addition, there are actually quite a few things that are hidden behind the scenes that are unknown to the public, but they have not been dug out yet because they are hidden too deep.

Forbes magazine was founded in 1917. This year it launched the Forbes Rich List for the first time, which includes billionaires from all over the world.

As soon as the Forbes rich list came out, it caused a huge impact around the world. Since Forbes magazine is biased towards European and American rich people, except for a limited number of Asian rich people, none of their companies like Yang Chen are listed on the market, so it is impossible to calculate their wealth in detail.

This year's first issue of Forbes' rich list just missed him.

As a later generation, Yang Chen is very aware of the power of the Forbes Rich List. For every person who is on the Forbes Rich List, his or her worth may be exposed to a certain extent.

Wealth should not be revealed. In this era, many rich people are actually very low-key. The world is not very peaceful, and no one wants to be targeted by interested people.

Of course, this is not the main reason. Most people who are truly rich do not dare to use their brains casually.

After all, none of the wealthy people these days who are worth billions or tens of billions is a simple person.

There are very few people who really dare to take action against them...
Chapter completed!
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