Chapter 1431 Super Explosion

Baidu's stock exploded, a super explosion.

When Microsoft, a world-recognized Internet giant, had a stock price of less than $30, a Chinese Internet company dared to set the stock issue price at $66.

Many people felt that this Chinese Internet company was crazy, and even Wall Street elites began to prepare to short sell this stock to make a fortune.

As a result, this stock began to rise at an incredible speed from the moment the bell rang and went public. It more than doubled in half a day and reached a high price of $138.

Such a stock price is second to none in the world of Internet companies, which made countless people drop their jaws.

What people didn't expect was that such a big explosion was just the beginning. After the afternoon opening, many people expected Baidu's stock to fall back, but it did not fall back.

Instead, it continued to rise at the same exaggerated increase as in the morning, breaking through the price of $200 in one fell swoop. Everyone felt that those who bought this stock were crazy.

How could such an Internet company, especially an Internet company from China, have such a high stock price?

But the madness did not stop. At the close of the afternoon, Baidu's stock topped out at $245.37. The stock increase in one day was nearly four times Google's annual revenue last year.

Those who bought Baidu's stock were indeed crazy, and they were crazy happy. No one thought that this stock could create such history.

A Chinese Internet company actually became a superstar in the US stock market, and led all Internet companies' stocks to rise slightly that day.

"So high?" Yang Dongxu was also confused after seeing Baidu's closing price.

He was sure that Baidu's stock would explode and could be held for several years, but he didn't expect this melon to be so big that it almost made him burst.

"How many stocks did you buy?" Yang Dongxu couldn't help but call Chen Xin.

"We spent all the money we prepared in the first place." Chen Xin replied.

"What about this stock?"

"The Kennedy family and Jack bought a lot, and Jack seemed to have used the funds of his consortium. Then in the afternoon, a lot of big capital entered the market."

"This is really..." Yang Dongxu didn't know what to say for a while.

He just flapped his butterfly wings a little bit, and whoever bought Baidu stock would make money. He had already prepared the funds.

Instead of letting other onlookers eat the remaining cake, it would be better to give Jack and Kennedy a discount. After all, he could also gain a wave of favors.

As a result, it caused such a big chain reaction that even the consortium got involved, directly pushing Baidu's stock to the sky.

"Are we going to sell our stocks tomorrow? Now many Wall Street media are reporting that Baidu's stock will definitely fall sharply or even collapse when the market opens tomorrow." Chen Xin's breathing was a little heavy.

To be honest, she has seen big scenes in these years, and financial tycoons with tens of billions of US dollars in investment funds. But the stimulation given by Baidu's stock today still made her feel excited, and a little uneasy.

In fact, it is not only the media on Wall Street and other media in the United States that are bearish. Many investors who bought Baidu stocks and made a fortune do not have much confidence in this stock at this time.

They are afraid that this is another bubble of Internet finance. After all, the Internet bubble in 2000 is still vivid in people's 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.

"There is sufficient funds."

"Then continue to hold it. You can prepare some more funds. If there is a decline tomorrow, you can absorb a wave of Baidu stocks at a low price."

"Still buy?" Chen Xin exclaimed.

Yang Dongxu could imagine Chen Xin's surprised look with his mouth open at this time through the phone.

"Of course, why not do a business that can make money? Don't worry, even if we don't count the markets in other parts of the world, Baidu has enough room for growth in the domestic market alone.

It has no competitors in China, and the only competitor is my 361. But the main development of 361 is no longer on search engines, and the focus is on other places.

So when 361 forms its own business closed loop and completes the search part, it will take at least several years.

And 361 will not be listed as a whole. When necessary, it will only split several wholly-owned subsidiaries and list them, which will not have a great impact on Baidu.

In the next five years, or even ten years, Baidu will dominate the domestic search engine market. With the current development speed of the domestic Internet, how high do you think its stock price can rise?"

"I don't know, my mind is a little confused 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, not to mention Chen Xin who personally participated.

Not only Chen Xin, but now the entire senior management of Baidu is crazy. Dozens of billionaires, hundreds of multi-millionaires, even more multi-millionaires, and the richest man in the country were all created in one day. This was like a nuclear bomb explosion in the Internet industry.

"Hold it first, I'll tell you when to sell it." Yang Dongxu didn't let Chen Xin guess, and made the decision directly. In this way, Chen Xin can be a little more at ease as long as he does what he is told. 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 of Baidu's stock price in his hand, Yang Dongxu shook his head.

Baidu seems to be crazy and abnormal at this time, but it's only at this time. In a few years, Microsoft will recover from the Internet bubble in 2000.

Google began to lay out the world, Amazon and Oracle got on rocket thrusters, and Big Apple stood at the forefront of the smartphone market.

Baidu, which seems crazy now, will be just a younger brother compared to these real big guys in a few years.

After all, these big companies are heading straight for the trillion-dollar super empire, and when Baidu's market value was the highest, it was still just a stone's throw away from the 100 billion club but did not successfully cross it.

However, not crossing the 100 billion mark in the last life is the pain of everyone in Baidu. This life went crazy right after it went public. I wonder if Boss Li can overcome this hurdle.

"Too crazy." Qiu Bosong, with dark circles under his eyes, put several newspapers from this morning in front of him. All the newspapers were turned to the economic column, and they were all about the news that Baidu's stock exploded in the United States.

"Who said it wasn't?" Although he calmed down a little, Yang Dongxu couldn't help but feel a little excited when facing Baidu's stock price.

Because his brain would unconsciously calculate how much money he could make if he sold the Baidu stocks he currently held at this price.

"Will Baidu's stock price really collapse when it opens tomorrow?" Qiu Bosong asked.

Although the current domestic media reports on Baidu are very good, Qiu Bosong, who has other sources of information, knows clearly. Now the entire Wall Street seems to be singing Baidu's bad news.

"The stock price will definitely fall, after all, the price is indeed a bit high. But it is impossible to say that it will collapse. The stock price has risen sharply since it was listed, which means that a lot of capital is optimistic about Baidu.

Since they are optimistic, they will naturally hold Baidu's shares. If these capitals do not move, those retail investors who dive in will not be able to make a big impact. So there will be certain stock price fluctuations, but there will be no collapse."

Yang Dongxu said confidently, and he was so confident. That's because as long as he, Jack and Kennedy, the three big capitals, don't sell their Baidu shares, it will be very 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's stocks if the price really drops tomorrow.

"How much will it fall?"

"The stock market is not owned by my family, how can I know how much it will fall?" Yang Dongxu rolled his eyes, "Okay, go to bed quickly. I'll give you a day off today, so it won't count as absenteeism. You're so old, but you stayed up all night."

"It's okay to stay up late occasionally. Besides, don't I have a day off during the day to sleep? It's not like long-term lack of sleep will cause sudden death." Qiu Bosong said half-jokingly.

However, facing Baidu's stock price, although he was still a little sleepy due to the turmoil in his heart.

But his age was here, so he was yawning and was indeed a little sleepy at this time.

"Okay, go to bed quickly, or rest in my rest room?" In addition to the large office space, Yang Dongxu's chairman's office also has a bedroom next to it.

That's where he usually takes a nap when he comes here to work.

"Forget it, I'd better go home and sleep. Sleeping in the company always feels a sense of urgency to get up and work quickly, so I'd rather go home and sleep peacefully. I won't stay here and be exploited by you." Qiu Bosong waved his hand, got up and left the office.

Qiu Bosong left, and Sun Yang came in with the documents.

"The Qifan game team has already made a test version of the first competition version. This is the data of the changes. I will help you upgrade the Qifan platform on your computer. You can wait and see."

"Put it there. I will read this financial report first. Do I have any other schedules at the company today?" Yang Dongxu asked.

He is a bit weird as a boss. Under normal circumstances, other big bosses have full schedules.

As a hands-off boss, the company will first confirm that he is not free and when he will come to the company before making schedules for him, instead of arranging the schedule a week in advance like other company bosses.

"If you are free, I will arrange it now." Sun Yang said.

"No, there is nothing important. I just need to approve the documents in front of me and don't arrange other things." Yang Dongxu said with a smile.

Sun Yang nodded and left. He really couldn't do anything about his big boss.

But although the big boss is very casual at work, he, as an employee, has to be diligent and do everything well without making any mistakes.