In Hong Kong, we build a global business empire
Chapter 406 Best Investor of the Year
The reason why he suddenly wanted to sell his Apple shares was that he knew very well that Apple's real take-off would not happen until after the 21st century.
Throughout the 1980s, Apple was more technically successful than commercially failed due to product problems.
Just like in the film industry, some movies have a very good reputation and high professional reviews, but their box office is very poor, which ultimately leads to critical acclaim but poor commercial success.
The same was true for Apple during this period. Although it had introduced many good technologies and features, its sales were getting worse and worse.
Even Steve Jobs, the core founder of Apple, was eventually kicked out.
Throughout the 1989s, by 199, Apple's market value had increased by 200%, just under %.
In the 1990s, Apple's stock price continued to fall due to various reasons, its product launches were not smooth, and its market share continued to decline.
Therefore, until 1997, Apple's stock price had not risen much compared to when it went public in 1980.
At that time, Apple's market value was only over 10 billion US dollars. In just over a decade, its market value has only doubled several times.
It can be said that the past decade or so has been a low period for Apple.
It was not until Jobs returned that Apple launched a series of revolutionary products, which allowed the company to enter a real period of explosive growth. In more than 20 years, its market value soared from more than 10 billion US dollars to a terrifying 3 trillion US dollars, making it the world's stock king.
What does this mean?
This means that if Lin Haoran wants to hold on and wait until Apple becomes the global stock king, he will have to wait at least 30 to 40 years.
During this period, there was almost no increase for more than ten years!
It seems that holding Apple shares is too cost-effective.
It would be better to take advantage of the rising stock price and make more than 20 times the profit on this investment and sell it quickly.
This is more than 200 million US dollars, which converted into Hong Kong dollars is more than 10 billion Hong Kong dollars.
If this amount of money was used for investment, I don’t know how many times it would have increased in the next decade or so.
So, continue to hold Apple shares?
Obviously a stupid decision.
After all, it is not difficult for Lin Haoran to make money by relying on the information gap in the future.
Thinking of this, Lin Haoran, who had originally planned to continue holding Apple shares, suddenly changed his mind.
The purpose of investing in Apple is to make money. If Apple's stock price does not grow much in the next decade or so, then what's the point in continuing to hold it?
Thinking of this, Lin Haoran made a decision.
However, he is not in a hurry to sell off his shares. Apple, which has just gone public, has obviously been very popular and its stock price is unlikely to fall sharply.
Moreover, the shares he holds are more than the shares issued in the entire secondary market. If these shares rush into the stock market at once, it will definitely cause the stock price to fall.
The best way is to find a suitable buyer and buy all of his Apple shares at once.
This way, there will be no impact on the stock price.
He knew that such a large-scale equity transfer required not only a buyer with sufficient financial resources, but more importantly, the other party's strategic vision and confidence in Apple's future.
After all, the number of shares he sold was huge, and not just any institution or individual could easily take it over.
At this moment, Apple executives and ordinary employees in the office were still cheering.
The huge success of Apple's IPO brought them unprecedented achievements and considerable wealth.
In the evening, a group of people drove to the Plaza Hotel in New York and held a grand celebration banquet there.
It was not until after nine o'clock in the evening that Lin Haoran said goodbye to Jobs and others.
At this moment, Jobs and others were already drunk.
Lin Haoran was not very interested in the red wine, so he did not drink much, but he did not feel drunk at all.
When we got back to the hotel, it was already ten o'clock in the evening.
In the blink of an eye, it was the next day, December 12th.
In the morning, Lin Haoran asked the waiter to bring newspapers and breakfast as usual.
As expected, the front-page headlines of many newspapers were all reporting on Apple's listing.
Moreover, most of them used the photo of Jobs, Lin Haoran and others ringing the bell for the listing as the most conspicuous cover photo.
In the photo, except Lin Haoran, the rest are white, making him look out of place.
It is precisely because of this that Lin Haoran appears particularly conspicuous in the photo, even more conspicuous than the chairman, Steve Jobs.
The Wall Street Journal, the New York Times, the Financial Times, USA Today, Investor's Business Daily, etc. Among the ten newspapers brought by the waiter, eight reported on Apple's listing.
For example, the front-page headline of the Wall Street Journal was "Apple goes public, a rising star in technology stocks shines," which gave an in-depth analysis of the market impact of Apple's listing.
The article pointed out that Apple's successful listing not only brought huge financing to the company itself, but also further promoted the performance of technology stocks in the stock market. The article also specifically mentioned the mysterious investor Lin Haoran, saying that he had a unique vision and successfully grasped the potential of Apple.
Another newspaper in the same city, The New York Times, also used the title "Apple's Glorious IPO: The Beginning of a New Era" to review in detail the history of Apple from its founding to its IPO, emphasizing the company's outstanding achievements in technological innovation and market development.
The article specifically mentioned the photo of Jobs and Lin Haoran at the listing ceremony, saying that they were key figures in driving Apple to success.
At the same time, the article also analyzed Apple's market prospects after its listing, believing that it is expected to become a leader in the global technology industry.
In the article "Apple's IPO: A tech feast that everyone is celebrating," USA Today reported the market reaction to Apple's IPO in a light-hearted and cheerful manner.
The article described celebrations by Apple employees and investors, and the surge in Apple's stock price in the stock market.
At the same time, the article also interviewed a number of investors and citizens to understand their views and expectations on Apple's listing.
The Financial Times took a different approach and focused on reporting on Lin Haoran, who invested 10 million US dollars at the beginning of the year. In less than a year, the market value of the shares he held had reached more than 200 million US dollars, making him the best investor of the year.
Lin Haoran had been featured in American newspapers before.
But at that time, only an occasional newspaper reported on him, and the attention he received was not high.
Now, the entire American business community, including comprehensive news newspapers, have reported on Apple's listing.
It can be imagined that after these reports came out, Lin Haoran became completely famous.
Not only newspapers, but even television and radio stations frequently reported on Apple's listing. As a major shareholder, his name frequently appeared in the ears of those who were paying attention.
This is the early 20s, not the 80st century.
Apple's market value of more than 21 billion US dollars may not rank among the top 20 US listed companies, but it is definitely more than enough to be in the top 50.
For example, AT&T, the company with the highest market value today, has a market value of only over 30 billion US dollars.
IBM, which ranks second, has only over 20 billion US dollars.
There are only a handful of listed companies with a market value of over US$10 billion.
The Procter & Gamble Company, a world-famous consumer goods giant, is now worth only more than 20 billion US dollars, but it has already ranked th.
Therefore, once Apple went public, its market value reached 21 billion US dollars, which was definitely a very sensational thing.
It is no wonder that many news media have paid close attention to it.
If those listed companies in Hong Kong were placed in the United States, although they would not make it into the top 20, there are still two companies in the top 50, namely, Hong Kong International Financial Holdings Limited and Hong Kong Land Development Co., Ltd.
The fact that a city with a population of only five million has two companies that are among the top 50 in the United States is enough to illustrate how strong Hong Kong's economic strength is.
In this age without mobile phones, it is obvious that the most important channel for people to get news is newspapers.
Therefore, not only in Hong Kong, newspapers and periodicals in the United States also have a large number of readers.
Lin Haoran, the best investor, has become a hot topic among Americans.
Today is Saturday. Although the news of Apple's listing has been widely reported in major media, the stock market has not yet opened, so there has been no direct impact on Apple's stock price for the time being.
After breakfast, Lin Haoran carefully disguised himself, put on a pair of wide-rimmed glasses, and changed into an inconspicuous jacket to ensure that he would not be easily recognized in public.
After all, the news about Apple's listing is now at its hottest, and Lin Haoran's photo is in almost every newspaper. His popularity has greatly increased, and he may be recognized and attract unnecessary attention when walking on the street.
If he were in Hong Kong, he would be calmer.
But this is America, a place he is not familiar with, and the environment is more complicated.
Huanyu Investment Company was not working on weekends, so Lin Haoran did not go to the company's office. Instead, after some thought, he went to Citibank again.
"Mr. Lin, congratulations!" Seeing Lin Haoran, Walter Reston congratulated him on the surface, but he regretted it in his heart.
Why did you give up such a good investment opportunity to others?
If Citibank had invested, it would have made more than $200 million in profit.
Two hundred million US dollars! Even Citibank only made a profit of over 600 million US dollars last year.
Even though Citibank is a big bank with hundreds of billions of dollars at its disposal, that is still the users' money.
However, Citibank’s own investments cannot guarantee that every investment will make money, and many of them will suffer losses.
Therefore, banks that can make a profit are actually very good.
(End of this chapter)
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