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Network concept model of Chinas first Internet stocks
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Network concept model of China’s first Internet stocks
When some domestic network of companies in order to obtain the relish of foreign venture capital, when they are ready in a few years and then to overseas listing of big companies such as the time, no one would have thought that China was a little-known small companies in the get ahead of the Wall Street.
In December 1998, a listing of code IMOT conceptual network of Chinese technology stocks took the lead in the U.S. Nasdaq (NASDAQ) second board market, OTC market. Company being called Intermost, the Chinese called the ‘point mode’, and its background is a registered private enterprises in Shenzhen, known as the Trade Network Information Technology Co., Ltd. (China Trade Network), established in July 1998, investment capital, less than one million yuan, employs less than 50 people. No matter where on the one hand, the ‘point mode’ are just a small company.
‘Point mode’ when the initial share offering less than 1 dollars, listing the total share capital of 980 million shares, of which more than 400 million outstanding shares, the closing price the day three U.S. dollars, only a few thousand shares traded. Not long after, however, it began to become very impressive in the stock market, and the highest daily trading volume more than 200 million shares, the stock had risen to 5.5 U.S. dollars. Especially this year, March 8, with the Bill. Gates to Shenzhen after a lightning visit to six hours, making the attention of U.S. investors and the money only once since special attention is headquartered in Shenzhen, China’s Internet stocks, its share price High opened the way to go high, actually broke through to 10 dollars, almost overnight, the stock market beat Steve Jobs, the company the capital value of the last thousand times suddenly become worthy of the name amp;quot;China’s first Internet-related stocks’. while As a ‘China Trade Net’ general manager and ‘point mode’ president, Liang
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