And Amazon's 13 trading days after listing, there are 5 days below the issue price. Today, Amazon's stock price has doubled 500 times, and Facebook is also the world's first tier company with the highest market value.
In fact, apple,tencentThe great companies, such as the Alibaba and other great companies, have lost their stock prices, but they have not been reduced to "junk stocks", because most of these breakages come from the impact of the economic cycle, and the great companies themselves have the ability to cross the bull bear, and the development of the company is unstoppable once the economic cycle is out of the impact.
For millet break after the opening, professionals have given a full understanding. To be good at the "new stock king", which is famous for the research of new shares, Du Xianjie, director of capital investment of Duke, believes that the stock price of millet is mainly affected by the market downturn, the first is the Sino US trade war, the second is the financial deleveraging in China, the third is the outbreak of debt crisis in the domestic listed companies.
Hong Kong shares are experiencing the darkest time of the year, the leading Tencent in Hong Kong shares also fell in the market. Since this year, Hong Kong shares have been broken by 72.45%. The chief executive of Hong Kong, Li Xiaojia, said that the breakout of the new shares were all changes in the price of the two level market.
In fact, millet revenue growth in 2017 is 67.5%, the first quarter of 2018 is 89.5%, the base of the company is excellent, and the issue price is also fixed in the lower limit of HK $17. There is no problem in the operation of the company, and there is no problem in the issue of pricing.
However, the economic cycle and market volatility will eventually pass away. For a great company, the short break is irrelevant. According to the Lei Jun's internal letter before the market, millet has 7000 employees holding shares or options, the first investment of 5 million dollars in millet, a 866 times return after the listing.
From a different perspective, breaking phenomenon is actually a hardening of great companies. Because the business of technology companies is often achieved through disruptive innovation, this leads to the lack of understanding and judgment for most investors and untrue value to the real value of the company. Under such circumstances, professional investment institutions and business leaders often have foresight and sagacity.
American investors never gave up Amazon for 20 years in a row. Sun Zhengyi identified the value of Alibaba in the early days. Looking back at millet, before listing, Li Jiacheng, Ma Yun, Ma Huateng and other business leaders took real gold and silver to subscribe for the shares of millet. It is undoubtedly the focus of these investment institutions and top entrepreneurs to set aside the short-term performance of the stock market and pay attention to the long-term value of the future.
Chen Xing capital is one of the earliest investors of millet, and its founder partner, Liu Qin, thinks that millet is expanding in the global market with a vast expansionary potential in the innovation of science and technology and in the innovation of business model. "Although millet is listed, it is still very young, and its future great room for growth is worth looking forward to."
Another important investor of millet is Shun capital CEO Xu Da: "Shun capital does not sell millet stocks." He said millet should not be interfered by short-term stock price and market value, short term stock price, market value is not important, most importantly, millet should stick to the initial heart, do a good job of good price, touching products.
Chen Hang, the chief analyst at Southwest Securities electronics, said that most people still lack understanding of millet, so the stock of millet will fluctuate in the short term, but the long-term returns will be given to the understanding investors. In fact, Millet's future growth space, Lei Jun's internal letter before listing is clear. First, smart phones only see the stock is a huge market, now millet is the world's fourth, as soon as possible into the world's three strong; secondly, millet will carry out a thousand billion market category expansion; third, as soon as possible to realize the international business income account for more than half of the total income. "These three strategies only guarantee the future growth of millet."
Lei Jun also said: "listing is just a new start for millet." In the current big environment, successful listing is a victory for millet.