Time to Take Stock
Jun 25, 2020
4 minutes
By Zhang Shasha
Copyedited by Sudeshna Sarkar
In 2000, when a 3-year-old Chinese Internet technology company called NetEase made its debut on the Nasdaq, the results were far from spectacular. Its stock price declined continuously and it was delisted for four months due to financial problems. Ding Lei, its founder, said he wanted to sell the company.
Twenty years later, it is another story. NetEase today is one of the world’s largest Internet companies and on June 11, Ding rang the bell for the company’s second listing on Hong Kong Exchanges and Clearing Limited (HKEX). Due to the novel coronavirus, it was a cloud listing done
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