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Not all the food that was eaten into the mouth was spit out again.
Lessons learned from the past, even the brazen islanders are not as good as Lao Mei's hypocritical face.
He has small arms and legs alone, and he can reason with the rogue country, will it work?
For any anti-monopoly investigation, not to mention making money, it is considered powerful if it can keep its capital.
In this way, it is better to be honest, quietly buy some stocks, wait for these companies to appreciate in value, and then take the opportunity to earn a lot of money and spend it.
In this way, it is cheap, and Lao Mei will not do things absolutely.
After all, it is a capitalist country, and there are certain rules of the game that should be followed, and still need to be followed.
Seeing what Yang Chen said, Huo Jianxi didn't raise any opinions. He has been by Yang Chen's side for a long time, and he knows Yang Chen's character and conduct.
Once a decision is made, no one can change it.
So, he asked, "Then, boss, how much money are you going to spend to acquire the stocks of these companies?"
Yang Chen didn't even think about it, and said directly: "All the money earned in the United States will be invested here in the future. This time, Orange Technology's profit on game consoles has reached more than 8 million US dollars, and the initial funds are so much."
If we invest 800 million now, in a few decades, it may be [-] billion.
If this money is not earned, Yang Chen will feel that his conscience will definitely hurt, he must earn enough money, earn it to death.
Chapter 589
In the United States, when the acquirer acquires 5.00% or more of the equity of a listed company, it must fulfill the obligation of disclosure.
It must be filed with the exchange and the target company within ten days, and every time it sells or buys [-]% of the shares, it needs to supplement the filing with the above-mentioned institutions in a timely manner.
In order to facilitate operation and make transactions less troublesome, it is necessary to disperse shares.
Although to a certain extent, some shareholders' rights and interests have been lost, this is not unacceptable to Yang Chen. The companies he fancy had no intention of affecting anything.
He is purely for making money, as long as he can make money, he doesn't care about rights or not.
This time, there are two main reasons why Yang Chen came to the United States so impatiently to buy the stocks of these companies.
The first one is that he is rich now.
No money, no confidence.
Rich and confident.
After the GB game machine was launched, he had a lot of dollars in his hands. If he didn't spend them, he would feel unhappy.
Of course, the main reason is that cash is easy to depreciate in hand.Every minute you hold it in your hand is a loss of tens of thousands of dollars.
Why is it said that the rich have a lot of troubles, and they know how to be busy with one thing and another.
There was no such pain before, but now that Yang Chen has become one of them, it really feels very emotional.
Seeing that the money in my hand is depreciating every minute, I don't need to mention the worry in my heart.
Poor people work hard to earn money to support their families.
Rich people work hard to keep their money from devaluing.
In addition, the second reason is that not long ago, the US Securities Regulatory Commission has greatly relaxed the stock repurchase behavior of listed companies.
The stock repurchase of listed companies in the United States appeared as early as the 50s.
However, at that time, due to the stricter supervision by the China Securities Regulatory Commission, for a long time, due to the more legal risks faced by listed companies, under normal circumstances, basically no repurchase of issued shares was carried out, and the scale has been relatively limited.
Before [-], when a listed company repurchased its own stock, it had to bear two very serious legal liabilities: insider trading and market manipulation.
If a listed company has significant inside information, if it buys its own company's stock, it may constitute a crime of insider trading. When a company repurchases stock in the open market, it will often be completed in a series of transactions, so that the result will be Affect the price movement of the stock market, and thus fall into the risk of manipulating the market.
Therefore, before [-], very few listed companies would repurchase their own stocks, because once a repurchase plan was initiated, they would definitely bear legal responsibility, and the risks involved were high, and they might be punished by law if they were not careful.
Therefore, many listed companies, except when facing a hostile takeover, generally dare not play this capital game of turning left and right.
However, this situation, after entering 80 years, has undergone a huge change.
As one of the two superpowers after World War II, the United States' economic changes directly affect most countries in the world, and its every move attracts extra attention.
In the second half of this year, that is, in [-], news has already been revealed.
Although this news was only briefly mentioned in the American news media, and it was not widely reported, but when Yang Chen saw the news at that time, he jumped in an instant.
In later generations, the U.S. economy grew as slowly as shit, but the market value and stock prices of many listed companies rose slowly.
Why is this?
It is not caused by listed companies repurchasing their own stocks.
Especially for technology companies, buybacks of billions of dollars today and tens of billions of dollars tomorrow, regardless of whether this is true or not, anyway, every time the news comes out, the stock price will rise like a jerk.
Especially for those listed companies with good profits, they like to buy back their own company's shares almost whenever they have nothing to do.
No new shares were issued, and they were repurchased at every turn, resulting in a serious decline in the number of tradable shares in the market, and the stock price remained high.
If a company's stock price is high enough, ordinary people can't expect to get a share of the soup.
After the listed company repurchases its own company's stock, all that is left to everyone is the soup, and the soup that is left is mixed with venom. If you drink it, you risk being cut off. .
Although the US Securities Regulatory Commission has relaxed the repurchase of shares by listed companies, it has set a series of rules, such as:
The transaction conditions include: transaction method, daily repurchase only implements repurchase through one broker.
Trading time: that is, it does not constitute an opening transaction and is not implemented within a specific period of time before the market closes.
Number of transactions: The number of daily repurchases shall not exceed 20.00% and five percent of the average daily trading volume of stocks in the previous month.
Transaction price: The repurchase price shall not be higher than the highest independent transaction quotation before the repurchase or the price of the last independent transaction.
……
The U.S. Securities Regulatory Commission amended the rules to open up a legal channel for listed companies to buy back their own stocks.
Compared with the two crimes of insider trading and market manipulation that may be involved at every turn, the new rules are not worth mentioning in the eyes of listed companies.
It is undeniable that listed companies repurchase their own shares, which has greatly improved the returns of investors and at the same time stabilized the market.
However, in this way, every time after the financial crisis, when there are no good investment opportunities for US entity investors, most of them will reinvest the money earned by the company into their own companies.
After the financial crisis, under the general environment, the stock prices of some high-quality companies will inevitably be affected by the market, and the stock prices will be lower than the actual value. The company's repurchase of the company's stocks can not only effectively promote the recovery of stock prices, but also attract global capital inflows. revive the economy.