NOVEL NEXT Chapter 1001
: Nine Hundred And Ninety-Three [Eitc Listing]
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Just after the 1996 Hong Kong Film Awards was released, Xia Zuhui took the “Legend of the New White Snake” crew to Suzhou and Hangzhou. Most of the scenes of this play were shot in the mainland.
Due to the butterfly effect brought by Kang Jianfei, many film and television works of the original time and space did not appear. For example, Ang Lee’s “Father Trilogy”, such as Pan Yingzi’s “A Generation of Empress” and “A Generation of Princesses”, Zhao Yazhi’s “New White Lady”, “Joking about Qianlong” and so on.
In another time and space, “Legend of the New White Snake” was originally a script specially tailored for Zhao Yazhi by the TV station after “Talking about Qianlong” became a hit. Now that she has not gone to Taiwan to develop at all, this work will naturally disappear.
What makes Kang Jianfei gratified is that Ang Lee finally showed his power this year after working as an assistant director and director (both commercial films) for many years. After the Spring Festival, he took out a script written by himself, called “Horse Racing”, and the hero is an apprentice jockey who just got his license.
On the surface, the film is about Hong Kong horse racing, with some kung fu and comedy elements mixed in, but the core is about the relationship between people and people, people and animals, and people and the city.
Art comes from life. The original time and space Ang Lee was able to shoot the “Father Trilogy” because he was down and out for a long time, he was willing to be a family cook, and he was born in Taiwan and lived in the United States. Therefore, his works tend to show the collision and fusion of Eastern and Western cultures, and he has a very profound and keen observation on the family.
But now it is different. Ang Lee has been in Hong Kong for ten years, and his focus has completely changed. There is a kind of alienated colonial thinking mode. Kang Jianfei is very much looking forward to his work.
In the United States, the listing of Orient Network Technology has also reached its final stage.
On January 22, the company submitted an IPO prospectus to the SEC, intending to raise 200 million US dollars, and disclosed the shareholder structure and partial shareholding ratio.
On February 18, the list of partners and their positions were disclosed for the first time. The list of eight board members of the listed company in the future was also announced, and the total income for the fiscal year of 1995 was also updated.
On March 11, with the capital injection of the two major consortiums, the company’s valuation rose again, the stock price rose from $12 per share to $18, and the number of board members increased to 11.
On April 16, the company was listed on the Nasdaq exchange in the United States under the stock code “EITC”.
On April 18, the company announced its revenue for the first quarter of 1996.
On April 27, the company first announced that the IPO pricing range was US$20-23, and based on this, the company’s market valuation was estimated at 500 million to 575 million.
On May 10, Dongfang Network Technology Co., Ltd. was listed on Nasdaq. After a 35-minute inquiry, EITC opened at $27 and closed at $36, with the stock price rising 31% on the first day.
By the end of the first week of trading on May 14, the stock price of Orient Network Technology had risen to $54, and the company’s market value had soared to $1.35 billion.
The whole world was shocked because this was the first Internet technology stock in history. Its amazing stock rally has not only stimulated countless people to devote themselves to Internet entrepreneurship, but also made local tyrants keen to invest in Internet companies.
The Internet bubble was born, and it kept getting bigger every year, until a few years later… “Bang” burst, and mourning was everywhere.
Due to the multi-faceted advantages of browsers, portals and search engines, Eastern Network Technology is far more successful than Yahoo in history, and at least it has attracted more investors at the stage of private placement.
So far, the top ten shareholders of Oriental Network Technology are as follows: Dream Fund (21%, a venture capital institution temporarily founded by Kang Jianfei), Oriental Media (6.2%), Pioneer Group (5.8%), Paramount (4.9%) ), Fidelity Group (4.3%), State Street Group (4.1%), Blackstone Group (3.5%), Thomas Jr. (2.8%), Northern Trust (2.6%), GCM (2.5%).
As for the 10% of the shares that Kang Jianfei gave to the little fat Jim, after two rounds of private placement, it has been diluted to only 0.6%. Even so, he’s worth more than $8 million, and at the current stock rally, he’s only a few days away from becoming a multi-millionaire.
EITC has become another technology entrepreneurship myth after Microsoft and Apple. Jiang Qinghua, the company’s CEO, appeared on the cover of the third issue of Time magazine in May, and the behind-the-scenes boss Kang Jianfei was also exposed.
According to the US “Fortune” magazine statistics, EITC listed on the Nasdaq one week, making Kang Jianfei’s net worth soared 350 million US dollars.
That’s $350 million in 1996!
The most terrifying thing is the rise in the stock price of Dongfang Internet Technology Company, which fully proves what is called the Internet bubble. By the end of June, the issue price had soared from $23 to an incredible $81, almost on par with Microsoft’s stock price. EITC’s market cap grew to $2 billion, quadrupling in just one and a half months.
Does it feel outrageous?
There are even more outrageous. In the original time and space, the issue price of Yahoo’s stock was lower, but it soared to $475 in 4 years, an increase of nearly 20 times.
After “Time” Weekly interviewed Jiang Qinghua, it seemed that it was still unfinished, and flew to Hong Kong to interview Kang Jianfei. And on the cover of that issue, the photo of Kang Jianfei and Bill Gates were juxtaposed, and they were given the title of a very middle-two-Technical Jiaozi.
As for Jobs, hehe, Apple just got into trouble this year, and he resigned ten years ago. Jobs is doing animation now, and he invested in Pixar. Last year’s “Toy Story” was a big box office.
As long as technology entrepreneurship is mentioned now, people will think of Bill Gates and Kang Jianfei. In the tide of the Internet, Kang Jianfei has always been a benchmark figure.
Hong Kong’s stock market closely follows the rhythm of the United States. The amazing performance of EITC on the Nasdaq has been seen by Hong Kong’s rich, investors and traders. Especially after Kang Jianfei was exposed as the behind-the-scenes boss, the public opinion in Hong Kong also turned upside down.
Soon ~www.readwn.com~ Oriental Technology Company headquarters released news, claiming that Hong Kong’s Oriental Charm.com was merged into EITC. This traditional Chinese website mainly serves Hong Kong, Taiwan and Macau. At the same time, EITC set up a branch in Zhongguancun, the capital, and opened the Simplified Chinese website of Oriental Charm.
Consecutive good news came out, and EITC stock price broke through the $90 mark.
At the beginning of the year, Jin Yong gave up a large amount of shares in Ming Pao Group, completely resigned from his actual position, and only hung up the false position of president. Now Oriental Media has become the largest shareholder of Ming Pao Group. Maybe in two or three years, it will be able to completely acquire Ming Pao Group.
After the news of EITC spread to Hong Kong, Jin Yong personally wrote a compliment article: “… The first generation of rich people in Hong Kong did freight, and the four kings of ships were a sign of success at that time. The second generation of rich people in Hong Kong did real estate, and now Hong Kong’s rich More than half of the top ten families started with real estate. It seems that the development of Hong Kong has no relationship with technology… Kang Jianfei is an exception. He was born in the cultural and entertainment industry, but now he has become a wealth superstar on the other side of the ocean through the Internet. This may be It can give young people in Hong Kong a kind of inspiration, not just limited to the small Hong Kong Island, but to set eyes on the whole world and get in touch with the latest and most cutting-edge technology, so as to obtain more opportunities…”
(To be continued.) Mobile users, please browse and read for a better reading experience.