In the new week of May 22, countless investors are focusing on Washington.
On this day, the U.S. Congress officially began to vote on the capital gains tax reform bill. At noon, east coast time, the result was released, with 328 votes in favor, 106 votes against, and an absolute majority.
The next day, the Senate voted.
69 in favor, 31 against, the same absolute majority.
According to the U.S. Constitution, a bill approved by more than two-thirds of the house and Senate of Congress, even if it is vetoed by the president, can still take effect automatically. This shows the general trend of this bill.
Of course, the White House will not veto the bill.
On May 24, Clinton formally signed the bill, and held a press conference in the White House to announce the new capital gains tax bill into effect.
The new bill repeals the 28% fixed capital gains tax rate set during the Reagan tax reform period, and adopts a two-level tax rate mechanism. When securities investors hold stocks, bonds and other assets for more than 12 months, the capital gains tax rate will be reduced to 15%, and when the holding period is less than 12 months, the capital gains tax rate will be increased to 30%.
In his speech at the press conference, Mr. President said that the new capital gains tax rules will restrain the short-term speculation in the capital market to the greatest extent, increase the activity of the capital market through tax relief for benign long-term investors, and attract more overseas capital into the US capital market to promote the federal economic development.
The U.S. stock market has long been out of the era of retail investors. Even if the wave of new technology in recent years has led to a substantial increase in individual investors, the overall turnover of the U.S. stock market at this stage is only 17% of the funds from retail investors, and the remaining 83% of the turnover is from countless institutional investors in the United States and abroad.
Because it has little to do with the general public, at least not directly. Under the quiet suppression of many forces, in addition to some conceivable complaints on the Internet platform and a small amount of criticism from the media, the capital gains tax reform has not caused too many waves.
Of course, there is no lack of people trying to lead the spearhead to the westero system.
Simon holds a large number of technology stocks, according to the views of all parties, is now at a very high level of bubble, and this time, more than a year, and if a large amount of cash is calculated at a 15% capital gains tax rate, the tax saved can hardly be estimated.
But the similar voice is even weaker than the public opinion's criticism of the capital gains tax reform.
After the Hurst family collapsed under the attack of the westrow system last year, no media dare to easily provoke a ruthless young super tycoon.
The Westeros did not respond to the comments.
However, the public who pays a little attention to the entertainment information can feel that these days, the publicity of the two heavyweight films "Jurassic Park 2" and "Apollo 13" of Denise entertainment this summer has increased greatly, and all kinds of advertisements almost cover up the light of all other films in this summer.
A pacifier.
Or a pacifier.
Then, on May 26, the last trading day of the week, Nokia was officially listed on the NASDAQ Exchange.
Since its listing in August 1993, Nokia's shares traded on the London Stock Exchange have undergone two splits, one for two and one for three. At this stage, it is still different from the market strategy of technology companies pursuing high stock price. It is generally believed that only when the stock price of a single stock is low can it attract investors to buy. In addition, it is also affected by some other operations such as option cashing and small mergers and acquisitions With the equity change, Nokia's current total equity has reached 1.169 billion shares.
This time, Nokia was listed on the Nasdaq market. It issued 120 million new shares, because the number of subscription reached six times of the scale of the issuance, triggering the pre-determined over allotment option. It issued 18 million additional shares, with a total of 138 million new shares. The issue price was US $27.5, and the financing scale was US $3.795 billion.
Simon went back to Los Angeles after working on the TV Department on Friday. This week, he came to the east coast again on Thursday to build momentum for Nokia's listing platform in the Nasdaq market.
There is little difference between the listing process and the IPO process. If we say the difference is that the issuing price of these new shares is set according to the recent trading price of London stock market, and the shares of the two places can be exchanged, so it does not give investors too much surprise.
However, as a westero concept stock that has returned from overseas to the Nasdaq market, the market still gave a very optimistic forecast before this listing. It is generally estimated that Nokia's first day of listing in North America will increase by about 5%.
Facts have proved that this data still seriously underestimates the strong attraction of Westeros concept stocks to the market.
Moreover, the capital gains tax reform bill just passed this week has greatly stimulated the activity of the capital market.
Around 10 o'clock in the morning, Nokia stock officially began trading, and the opening price directly rushed to more than $29, easily breaking through the 5% first day growth expectations of many industry analysts.Good opening, in turn, to attract more capital to buy this stock.
When the time came to 4 p.m., the Nasdaq stock market closed, and Nokia's share price rose 11.8% in a single day, with a closing market value of $30.75. According to the total share capital of 1.307 billion shares of Nokia after the issuance, the total market value of the mobile communication equipment giant has reached 40.1 billion US dollars.
The mature capital markets in Europe and the United States, because they can be interchanged, will not make a big difference in the stock prices of the companies listed in the two places.
Due to the time difference, the stock market in London has closed this week, and it will wait until next week to open again. The closing market value is about 24.6 billion pounds, equivalent to 37.7 billion US dollars, according to the total equity after the issuance. However, as long as there is no super accident at the black swan level, Nokia's share price in London Stock Exchange will rise sharply after the opening of trading next Monday, and it will be basically consistent with that in North America after the exchange rate conversion.
With the completion of the SEO, westero's shareholding in Nokia decreased to 67.2%.
According to the closing price on the first day of NASDAQ trading, just one Nokia contributed $26.9 billion to Simon.
On the Internet platform, some media people who follow up Simon's personal wealth in real time have readjusted Simon's personal wealth according to Nokia's market performance on the first day. The number given by the editor in chief of Fortune magazine has been widely reproduced on Facebook and other platforms.
620 billion dollars!
This is the first time since the beginning of the year that Simon's personal wealth exceeded 500 billion US dollars according to the media statistics, and it is another new high figure given by authoritative financial figures. Moreover, it is calculated with full reference to the current stock prices of Listed Companies in the westero system.
Among them, Cisco, whose market value in January at the beginning of the year had already exceeded the $150 billion mark, had reached $192.6 billion by the close of May 26, with an overall increase of nearly 30% in more than four months. It is only one step away from becoming the first company with a market value of $200 billion in the US stock market.
Besides Cisco, the shares of other core enterprises of westero system are also constantly reaching new heights.
For igritt, who is about to go public, fortune's chief editor's valuation is still quite conservative, at $100 billion.
Even so, in sum, Simon westrow's wealth has reached 620 billion US dollars. Not to mention the US 400 rich list, even the global wealth list, most of the other rich people on the list have less than a fraction of Simon's 620 billion US dollars.
Numbness.
It can only be complete numbness.
Whether it's $500 billion or $620 billion, it's out of the mind of most Americans whose math is just not so good.
The complaint of a popular Facebook blogger is probably the real feeling of many gourd eaters who pay close attention to the incident: "let Simon westrow float in the sky like God, and we live our own lives."
There are also some people who are fanning the flames through the Internet platform.
We should start a revolution against Simon westero. He shouldn't have so much.
Balabala.
Then, some users with fierce words were banned for "spreading hate speech.".
And it's an all-round ban.
Realizing that the huge user base is the foundation of its own development, igritte has become more and more strict in protecting user accounts in recent years. Simon often pays close attention to this issue in person. The strength of the security expert team employed by igritte's network security department is even stronger than that of most sensitive government departments.
At the same time, with the continuous expansion of igritte's business, the gold content of igritte's account is also higher and higher, because a common account often gets through a series of services, such as e-mail, payment tools, instant messaging, social networking sites, online shopping malls, and many other authorized logins. Therefore, many users simply can not bear the consequences of account closure.
When the news got around, he wanted to knock down Simon westero, but he knocked down more than half of it.
Neither the capital gains tax reform nor the listing of Nokia in North America has affected the pace of the summer archives in North America.
After the release of the new film last Wednesday, the North American film market began to have a small climax.
A box office week from May 19 to May 25.
Fox pictures produced the action blockbuster "die hard 3" starring Bruce Willis. The box office in the first seven days of the first week was $29.88 million, easily topping the box office of the week.
However, compared with the production budget of US $90 million and the publicity investment of US $40 million, this achievement is far from what fox expected.
That's more than $10 million less.
The industry had also generally predicted that the box office performance of "die hard 3" in the first week should reach 40 million to 50 million US dollars, which may be able to break the record in the 1980s. When the North American film market enters the era of saturated full-scale development with the first week limit exceeding 100 million US dollars, the box office performance of "die hard 3" in the first week will not reach 100 million US dollars To $40 million, not even a pass.Considering that "Jurassic Park 2" will be released soon on June 2, and "die hard 3" will earn $29.88 million in the first week, it is estimated that the total box office in North America may be only about $70 million, and the most important local box office can only recover a fraction of the $130 million investment. The overseas prospect is even more unpredictable. You know, the overseas of "Jurassic Park" series is stronger than that in North America.
It's not just the limited size of the film market in North America, it's all over the world.
So it's hard to avoid the ebb and flow.
DreamWorks film's "ghost horse elf" is second only to "die hard 3", with a revenue of US $25.71 million in the first week. Although it is slightly lower than "die hard 3", considering the family friendly nature of the film, the local box office should also be about US $70 million. Fortunately, the production cost of ghost horse elf is only US $50 million, which is also US $70 million of local box office revenue. DreamWorks and paramount are very likely to recover the cost and make profits through global distribution.
However, because of the gap between the two sides in the schedule allocation, Spielberg is absolutely not satisfied with the box office results of "ghost horse elf".
Last week's other new film "forget Paris", directed and played by Billy Cristo, took only $6.23 million at the box office in the first week, which was expected to be tepid, and the box office results were not as good as the seventh week's "fight smart 3". Under the impact of several new films, the box office of "fight smart star 3" fell 35% in the seventh week, closing another $7.19 million, with a total box office of $161.72 million.
In seven weeks, it will be 160 million. Considering that Jurassic Park 3 will come soon, the domestic box office of anti fight smart star 3 is likely to stop at 170 million to 180 million. Unfortunately, it can't break through the predicted domestic box office of 200 million US dollars.
Of course, with a production cost of 40 million US dollars, North America alone earned more than 170 million US dollars at the box office, and "fight smart star 3" is still one of the most successful films of 1995.
In addition, Simon's "this man is from the earth" continued to earn US $2.25 million on 431 screens in North America in the past week, with a total box office of US $231.56 million. It is estimated that there will be about US $5 million of box office space after continuing to reduce the screen, which also failed to reach the initial target of US $250 million.
Generally speaking, the success of "this man from the earth" and "fight smart star 3" exceeded the expectations of danielis entertainment. However, it was just because the two films were too successful that they formed internal competition in the relatively limited market capacity in the first half of the year, resulting in a certain shrinkage in their box office compared with expectations.
In the past week, this is basically the same situation between "die hard 3" and "ghost horse elf".
On May 26, Nokia opened a new box office week on the day when it was listed on NASDAQ. There are mainly two new films in North American theaters. Warner Bros. produced Clint Eastwood's "bridges of Madison" and Keanu Reeves's "special agent".
Neither of the two films was a big deal, and the week before Jurassic Park 2, it was obvious that neither of them was taken seriously by the studio.
But for Simon, the bridges are famous.
As an early Hollywood love film flowing into China, this film has a very poetic translation, both the plot and the controversial values are talked about with relish.
Special agent, starring Keanu Reeves, tells a science fiction story that takes place in the future. It's similar to Keanu's later "matrix" by transforming the brain hole of biological human memory and transmitting data. But special agent itself has no bright spot. The production cost of the film is only 26 million US dollars, and it was lost in Jurassic by Sony Park 2 used to be cannon fodder, but the result is probably not much different from Billy Cristo's forget Paris last week.
In short, Sony has launched a large number of films in the past two years after expelling Peter Cooper and John Peters from taking full control of Columbia film industry. It can be said that they have been defeated many times.
Every time it fails, there are rumors in the circle that Sony is going to quit Hollywood.
Unfortunately, it hasn't come true yet.
After a new box office week, Jurassic Park 2 is getting closer and closer.
Like the blockbuster of the past, this time, danielis entertainment also prepared a grand premiere for Jurassic Park 2, which is scheduled for May 31, two days before the film's release.