Although the American government has shutdown in recent days, it won’t influence Twitter getting onto the American Stock Market.
Twitter plans to raise $1 billion in its stock market debut, and It will be the largest Silicon Valley stock offering since Facebook’s listing in 2012. Banks like Goldman Sachs, Morgan Stanley, JP Morgan, Merrill Lynch, Deutsche Bank Securities and CODE Advisors will help with the offering. If Twitter becomes listed company, there will be more billionaires in the world. After reading this piece of news, it reminded me of the pattern of stock markets in China. It is impossible for a Chinese company to get into the stock market without the government because it must rely on the department of supervision in government. Also, the American stock market can be self-adjusting and self-controlling so it has clearer examination system which can prevent bribery.
In modern society, more and more people choose to communicate through the internet, and online social services as well as microblogging service are becoming increasingly prevalent such as Facebook and Twitter. As a result, these changes facilitate the social networking company to develop drastically as well as inject new energy to the American stock market, making the market more normative. Therefore, these big companies lead other companies progress in market.
Reference:
http://www.bbc.co.uk/news/business-24392336
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