In the new week starting on May 22, countless investors are focusing on Washington.

The US Congress officially started voting for the Capital Profits Tax Reform Act on this day. At noon on the same day on the East Coast time, the results were released, with 328 votes in favor and 106 votes against, and an absolute majority passed.

The next day, the Senate voted.

69 votes in favor, 31 votes against, the same absolute majority.

According to the US Constitution, more than two-thirds of the bill voted in favor of the Senate and House of Representatives can still take effect automatically even if it is rejected by the president. This shows the general trend of this bill.

The White House will certainly not veto the bill.

On May 24, Clinton officially signed the bill and held a press conference at the White House to announce the new capital gains tax bill coming into effect.

The new bill abolished the 28% fixed capital gains tax rate established during the Reagan tax reform period and adopted a two-level tax rate mechanism. Securities investors hold stocks, bonds and other assets for more than 12 months, the capital gains tax rate is reduced to 15%, and the holding period is shorter than 12 months, and the capital gains tax rate is increased to 30%.

In his speech at the press conference, the President said that the new capital gains tax rules will suppress short-term speculation in the capital market to the greatest extent, and at the same time, increasing the activity of the capital market through tax reductions and exemptions for benign long-term investors, it can also attract more overseas capital to enter the US capital market and promote federal economic development.

The US stock market has long been separated from the retail investors era. Even though the new technology wave in recent years has caused a significant increase in individual investors, the overall trading volume of the US stock market at this stage is only 17% from retail investors, and the remaining 83% of the trading volume comes from countless institutional investors both at home and abroad.

Because it has little to do with the ordinary public, at least not directly, under the quiet suppression of many forces, except for some conceivable complaints on the Internet platform and a small number of criticisms in various media, this capital gains tax reform has basically not caused much trouble.

Of course, there is no shortage of people trying to lead the finger at the Westeros system.

According to the arguments of all parties, Simon's large number of technology stocks are now at a very bubble-level high. Westeros generally holds these stocks for more than a year. If you cash out large amounts of money, it is difficult to estimate the taxes saved at a capital gains tax rate of 15%.

But similar voices are even weaker than public criticism of capital gains tax reform.

After the Hurst family collapsed under the sniper of the Westeros system last year, no media dared to easily provoke a cruel and ruthless young super tycoon.

The Westeros family did not respond to the relevant comments at all.

However, the public who pays a little attention to entertainment information can feel that these days, the promotion of two heavyweight films "Jurassic Park 2" and "Apollo 13" in Daenerys Entertainment this summer has increased significantly, and the overwhelming number of advertisements almost cover up the brilliance of all other films in this summer.

nipple.

Or pacifier.

Immediately afterwards, 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 stocks traded on the London Stock Exchange have undergone two stock splits, one split two, and one split three. At this stage, it is different from the later market strategy of technology companies pursuing high stock prices. It is generally believed that only a single stock price can attract investors to buy. Coupled with the equity changes caused by other options cashing and small mergers and acquisitions, Nokia's current total share capital has reached 1.169 billion shares.

This time, Nokia adopted the additional issuance method, with the number of new shares issued at 120 million. Because the subscription number reached 6 times the scale of additional issuance, it triggered a pre-determined over-allotment option, an additional 18 million shares were issued, a total of 138 million new shares were issued, with an issue price of US$27.5 and a financing scale of US$3.795 billion.

Simon returned to Los Angeles after finishing his TV department last Friday, and rushed to the East Coast again this week on Thursday to build momentum for Nokia's listing platform in the Nasdaq market.

The listing process is not much different from the corporate IPO process. If we talk about the difference, the issuance price of this batch of new shares issuance is based on the recent trading prices of the London stock market, and the stocks of the two places can be swapped, so there is no possibility of giving investors too many surprises.

However, as a Westeros concept stock that returns to the Nasdaq market from overseas, the market still gave quite optimistic forecasts before this listing. It is generally estimated that Nokia's first day of listing in North America can reach about 5%.

As it turns out, this data still seriously underestimates the strong appeal of Westeros concept stocks to the market.

Moreover, the capital gains tax reform bill that was just passed this week has greatly stimulated the activity of the capital market.

At around 10 o'clock that morning, Nokia stock officially started trading, and its opening price directly reached more than $29, easily breaking the first-day increase expectations of many industry analysts.

The opening is positive, which in turn attracts more capital to buy this stock.

When the time came to four o'clock in the afternoon, the Nasdaq stock market closed, and Nokia's stock price rose by 11.8% in a single day, with a closing market value of US$30.75. Based on the total share capital of Nokia's 1.307 billion shares after the additional issuance, the total market value of this mobile communication equipment giant has reached US$40.1 billion.

In a mature capital market like Europe and the United States, because it can be swapped, the stock prices of companies listed in the two places will not be much different.

Due to the time difference, London's stock market has closed this week, and it will take until next week to open again. The closing market value is about 24.6 billion pounds based on the total share capital after the additional issuance, equivalent to 37.7 billion US dollars. However, as long as there is no super accident at the black swan level, the Nokia stock price on the London Exchange will inevitably rise sharply after the opening next Monday, and will eventually remain basically the same as North America after the exchange rate conversion.

After the additional issuance is completed, Westeros’ shareholding ratio in Nokia has been reduced to 67.2%.

Calculated based on the closing price on the first day of Nasdaq trading, just Nokia contributed $26.9 billion to Simon.

Some media people on the Internet platform who followed up on Simon's personal wealth in real time readjusted Simon's personal wealth based on Nokia's first-day market performance. The numbers given by the editor-in-chief of Fortune magazine were widely reprinted on platforms such as Facebook.

$620 billion!

This is another new high number given by authoritative financial personnel since the first time that a media has counted Simon's personal net worth more than US$500 billion at the beginning of the year, and it is calculated completely based on the current stock prices of listed companies in the Westeros system.

Among them, Cisco, whose market value had exceeded the $150 billion mark in January at the beginning of the year, had its market value of $192.6 billion that day as of the close of May 26. The overall increase in more than four months was close to 30%, and it was only one step away from becoming the first US$200 billion company in the US stock market.

In addition to Cisco, other core companies in Westeros system have also continued to hit new highs.

For the upcoming Igrit, the editor-in-chief of Fortune magazine is still worth a conservative valuation of $100 billion.

Even so, adding up, Simon Westeros' current net worth has reached 620 billion US dollars. Not to mention the 400 rich list of the United States, even the global wealth list and other rich people on the list, most of them have less than a fraction of Simon's huge wealth of US$620 billion.

numbness.

It can only be completely numb.

Whether it is $500 billion or $620 billion, it has already left the thinking category of most Americans who happen to be not very good at math.

The complaints from a popular blogger on Facebook are probably the real feelings of many spectators who are paying attention to this matter: "Let Simon Westeros float in the sky like God, and we live our own lives."

Some people also fanned the flames through online platforms.

We should launch a revolution against Simon Westeros, and he shouldn't have so much.

Balabala.

Then, some users with fierce words were banned for "spreading hate speech".

And it is a full-scale ban.

Realizing that a huge user base is the foundation of its own development, Igrit has been increasingly strict in protecting user accounts in recent years. Simon often pays attention to this matter personally. The security expert team hired by Igrit's network security department is even stronger than the cybersecurity teams of most sensitive government departments.

At the same time, with the continuous expansion of Igret's business territory, the value of Igret's account is getting higher and higher, because a common account often opens up a series of services such as email, payment tools, instant messaging, social networking websites, online malls, etc., and there are also many off-site authorized login. Therefore, many users cannot bear the consequences of their account being banned.

The news spread, and he wanted to defeat Simon Westeros, and he fell more than half of it first.

Neither the capital gains tax reform nor the Nokia listing in North America have affected the pace of the North American summer season.

After the release of three new films last week, a small climax began to appear in the North American film market.

A box office week from May 19 to May 25.

The action blockbuster "Die Hard 3" produced by Fox Films, starring Bruce Willis, had a box office of US$29.88 million in the first seven days of the first week, easily reaching the box office championship of that week.

However, compared with the production budget of $90 million and the promotion and promotion investment of $40 million, this achievement is far from Fox's expectations.

More than 10 million dollars were missing.

The industry has previously generally predicted that the first week of "Die Hard 3" should be between 40 million and 50 million US dollars to pass. Such a box office result may be able to break records in the 1980s. When the North American film market entered the era of saturated full-scale release with the limit of the first week of exceeding 100 million, for super blockbusters like "Die Hard 3" with a volume of production, it was less than 40 million US dollars in the first week, and it was not even considered passing.

Considering that "Jurassic Park 2" will be released on June 2, and "Die Hard 3" earned $29.88 million in the first week, it is expected that the total box office in North America may be only about $70 million. The most important local box office can only recover a fraction of the $130 million investment, and the overseas prospects are even more unpredictable. You should know that the overseas trend of the "Jurassic Park" series is stronger than that of North America.

Not only is the North American film market limited in size, but it is the case around the world.

Therefore, it is inevitable that one will rise and fall.

DreamWorks Films' "The Elf" was second only to "Die Hard 3", earning $25.71 million in the first week, although it is slightly lower than "Die Hard 3", considering the film's family-friendly nature, the local box office should also be around $70 million. Fortunately, the production cost of "The Elf" is only $50 million, and it is also $70 million in local box office revenue. DreamWorks and Paramount are very likely to recover costs and achieve profits through global distribution.

However, due to the gap between the two sides in terms of schedule distribution, Spielberg was definitely not satisfied with the box office results of "The Elf".

Last week's new film "Love in Paris", Billy Cristo's romantic love film was only 6.23 million US dollars in the first week. It was expected to be lukewarm, and its box office performance was not as good as "Anti-Star 3" released in the 7th week. Due to the impact of several new films, "Anti-Star 3" lost 35% in the 7th week, and it received another $7.19 million, with a cumulative box office of $161.72 million.

It will take 160 million in seven weeks. Considering that "Jurassic Park 3" will soon arrive, the local box office of "Anti-Wissing Stars 3" is likely to stop between 170 million and 180 million, and unfortunately it cannot break through the pre-predicted local $200 million.

Of course, the production cost of $40 million is only exchanged for more than $170 million in North America. "Anti-Wisdom 3" is still one of the most successful movies of 1995.

In addition, the movie "This Man from Earth" written by Simon himself has continued to earn US$2.25 million on 431 screens in North America in the past week, with a cumulative box office of US$231.56 million. It is expected that there will be about US$5 million in box office space behind the screen, and it has also failed to achieve the original target of US$250 million.

Overall, the success of "This Man from Earth" and "Anti-Witness 3" exceeded Daenerys Entertainment's expectations. However, it happened that the two films were too successful, but internal competition was formed during the relatively limited market capacity in the first half of the year, resulting in a certain reduction in box offices compared to expectations.

This is basically the case between "Die Hard 3" and "The Elf" in the past week.

On May 26, Nokia started a new box office week on the day of its listing on the Nasdaq. There are mainly two new films in North American theaters, including "The Unforgettable Dream of the Bridge" produced by Warner Bros., and "The Unforgettable" starring Keanu Reeves.

Neither film is significant, and, a week before "Jurassic Park 2", it is obviously not valued by studios.

However, for Simon, "The Dream of the Bridge" is very famous.

As a Hollywood romance film that flowed into China in the early days, this movie with a very poetic translation is talked about in terms of both the plot and the controversial values.

"Extraordinary Spy" starring Keanu Reeves tells a science fiction story that takes place in the future. Through the mindset of transformed biochemical human memories and transmitting materials, it is quite similar to Keanu's later "The Matrix". However, "Extraordinary Spy" itself has no highlights. The film's production cost is only $26 million, and it was thrown by Sony as cannon fodder before "Jurassic Park 2". The result is probably not much different from last week's "Love-Forget-All-In-Law" by Billy Christo.

Speaking of which, after expelling Peter Cooper and Qiang Peters completely controlled Columbia Pictures, Sony has released a large number of films in the past two years, and it can be said that it has fought repeatedly and repeatedly defeated.

Every time there is a failure, rumors spread in the circle that Sony intends to quit Hollywood.

Unfortunately, it has not come true yet.

After the new box office week begins, "Jurassic Park 2" is getting closer and closer.

Just like the previous super bombshell, this time, Daenerys Entertainment also prepared a grand premiere for "Jurassic Park 2", which is scheduled for May 31, two days before the film was released.
Chapter completed!