The entertainment empire began with Liu Yifei's premarital pregnancy.

The stock opened at $8.31, and within just a few hours, it increased fivefold. What does that mean?

One million was invested, and within hours it doubled to five million.

Driven by the enormous profits, domestic stock market investors also flocked in, with those having US stock accounts buying directly and those without trying to open accounts.

In particular, major domestic institutions have already poured money into the market.

They failed to secure any initial shares of Extraordinary Film Company, and were forced to buy them from the market.

……

For domestic stock market investors and institutions, the listing of Extraordinary Film Company is also a feast for the eyes.

Extraordinary Film Company's stock price has soared from its initial public offering price of $8.31.

At 3:30 a.m., just half an hour before the US stock market closed for the day, Extraordinary Film Company's stock price reached its peak of $45.92 per share.

However, at this moment, the stock price of Extraordinary Film Company began to slowly decline.

$45.87, $45.63...

Almost every few minutes, the stock price of Extraordinary Film Company would drop by one dollar.

Until the moment the US stock market closed, the stock price of Extraordinary Film Company remained at $42.32 per share.

In fact, the drop in Extraordinary Film Company's stock price in the last half hour was within the normal range.

Almost 80% of companies experience a surge in stock price on the day of their IPO, followed by a slow decline as the market nears closing.

Because China's A-shares market operates on a T+1 settlement model, shares bought on one day can only be sold the following day.

Therefore, the situation is different from that of the US stock market.

US stocks are bought and sold in real time, so they usually fall a bit when the market closes, because more than 50% of listed companies see their stock prices fall on the second day after listing.

Now, institutions and individual investors who have tasted the first wave of profits are slowly starting to sell off their shares in Extraordinary Film Company.

Almost everyone believed that Extraordinary Film Company's stock would definitely fall the next day.

This is a consensus among almost everyone.

But just the next day, half an hour before the US stock market opened, a piece of news spread throughout the entire stock market.

World War Z was released and achieved great success.

At this moment, anyone with a keen sense of the stock market sensed this opportunity.

For a film company, the success or failure of a film's box office performance is directly reflected in the company's stock price.

Just like in later years, before the release of "Ne Zha 2", Enlight Media's stock price was only 8.32 yuan per share, but after the release of "Ne Zha 2", the price began to rise rapidly.

In less than half a month, the stock price soared rapidly, reaching an astonishing 41.67 yuan per share at its peak.

The biggest change is in market capitalization, which surged from 276 billion to a peak of 1223 billion.

The total box office of "Ne Zha 2" was only over 10 billion yuan. After deducting various expenses, Enlight Media only made 2 to 3 billion yuan at most.

However, Enlight Media directly earned hundreds of billions from the stock market.

The stock market is essentially a market for expectations, so from this perspective, how much impact does the success or failure of a film have on listed companies in the film and television industry?

Of course, in the later stages, Enlight Media's stock price experienced a long-tail decline.

Even 26 years later, when Enlight Media's stock price fell to a market value of over 30 billion, the main reason was that Enlight Media's structure was too simple and could not support such a large market value.

This is why publicly traded Hollywood companies, such as Disney, engage in businesses across multiple industries, primarily to safeguard their market capitalization.

If stimulating one industry isn't enough, then stimulating another industry will prevent stock prices from falling too quickly.

Even with major positive news, the company's market value can soar.

Unlike the curve of the entertainment industry in mainland China, where the market value of entertainment companies rises from 100 to 300 to 500 to 1000 after a major positive development.

When all the positive news has been priced in, the market value quickly drops by 700-400-200.

而好莱坞六大的市值，起伏曲线是1000-1100-1050-1200-1150这种，有涨有跌的情况下还能稳步攀升。

When faced with significant positive news, the market value can be quickly boosted.

After one piece of good news has been fully priced in, there will be other positive news. Although these may not be particularly significant, as long as there is positive news, the market value can generally be stabilized and prevent a sharp drop.

Currently, Extraordinary Film Company is only involved in one industry, so its ability to withstand risks is certainly insufficient.

However, the release of "World War Z" and its outstanding box office performance will certainly be reflected in the stock market, especially since the company has only recently gone public.

This is absolutely fantastic news for Extraordinary Film Company.

The stock market is all about trading expectations.

So when the time came to 9:30 a.m. New York time, the moment the stock market opened, the market value of Extraordinary Film Company began to climb rapidly.

The price was $42.32 per share, and in a short time, the stock price rose directly to $45 per share.

Moreover, prices are still skyrocketing.

When the US stock market closed that day, the stock price of Extraordinary Film Company rose directly to $89.86 per share.

This price is ten times higher than when it was first launched.

Moreover, Extraordinary Film Company's stock price continued to rise throughout the day in the US stock market.

Therefore, it is clear that as long as the box office performance of "World War Z" is better, the stock price of Extraordinary Film Company will only rise, and will definitely not fall.

……

"Boss, are we going back home today?"

At the New York airport, Lin Bufan, along with Zhao Liying and Li Bingbing, boarded a private plane back to China.

"The company's IPO process is now complete."

Lin Bufan looked at Zhao Liying and nodded slightly.

It's easy to imagine that Extraordinary Film Company's stock price will rise next.

However, he cannot devote all his time to this.

The crew of "Gui Xu" is still waiting for me to start filming.