Chapter 1101 (1/2)

Humphrey is a big fan of ERV.

Very optimistic about its future.

But.

Unlike Huaxia, the new issue in the U.S. is ”divided”. The Underwriters contact each customer in advance and sell the new issue to them, instead of subscribing as Huaxia can.

But the chance of breaking is not small.

Facebook was like this in that year. On the day of listing, it fell below the issue price. Therefore, the upsurge of new share subscription in the United States is not high. Unlike China, it basically makes money when buying new shares.

On average, there are more than 100 IPOs of listed companies every year.

Two or three hundred delisted.

Such a large delisting risk makes the investment here tend to be rational.

That's where roadshows are.

To give investors confidence.

If it's a common stock.

Sales is a problem.

But ERV.

It was subscribed in three days.

Ordinary customers can't grab it at all. The new share subscription in the United States is not a game for retail investors. Retail investors can only buy and sell in the secondary market. The most delicious cake, of course, is for big customers who have always cooperated with each other.

Humphrey didn't speculate before.

It's not a big family of brokers and investment companies.

Nature.

Even if he had tens of millions of dollars in the bank.

I didn't get the new shares of ERV. In fact, I can still get them if I want to, but it's very troublesome. Humphrey is a person who is afraid of trouble. Since I can't get the new shares, I'll go to the stock market to buy them.

Anyway.

He didn't think he would lose money.

Companies like ERV are losing money, so there are few companies to trust.

”Billy, what about you?” Humphrey asked.

Then.

The voice of Billy's ”treachery” came.

”Haha, I got a new stock of ERV, two million dollars.”

”How much are you going to sell?”

”For sale? For the moment, I don't have this idea. I'm optimistic about the future of ERV. ”As a person with high intelligence, he used to feel insulted when playing games. Now when playing games, he feels that intelligence is not enough.

People like him.

I admire those who are better than myself.

Prepare for long-term investment.

”As I thought, I don't care if I spend ten million dollars.” Humphrey laughed. Maybe it would be the highest return investment of his life.

”Then wait for tomorrow's listing.”

”Good.”

Such an event.

There must be a live media broadcast.

ERV。

It has become the annual feast of the capital market.

。。。

Goldman Sachs.

Headquarters.

The ERV listing meeting has been going on for more than an hour.

But no one was tired at the scene, but they were in high spirits, because they were going to witness the rise of a great company, which analysts gave a very positive answer.

And market reaction.

Let them have a hundred times confidence.

The IPO of ERV amounted to 40 billion US dollars, 40% of which was underwritten by Goldman Sachs, which is the highest proportion among all securities companies. Now, all of them have been underwritten, and have won the praise of big customers.

At the beginning of the IPO process.

They all think ERV is really crazy.

$40 billion.

Twenty percent.

That means the ERV is valued at $200 billion.

That's the number.

In history, there is no such phenomenon. Due to the customers' crazy robbery, all the major securities companies almost couldn't help using the over allotment right, that is, the securities companies are good at underwriting and selling, and they can over sell 15% of the underwriting shares to customers.