What is NASDAQ?

Nasdaq (English: NASDAQ), the full name of the National Association of Securities Dealers Automated Quotations ^[1] , is an electronic securities trading agency in the United States. Owned and operated by a marketing company. NASDAQ is the abbreviation of the National Securities Industry Association's automatic reporting system. Founded in 1971, it has become one of the largest stock markets in the world.

NASDAQ

NASDAQ (National Association of Securities Dealers Automated Quotations) ^[1]

The Nasdaq Stock Market is the world's major stock market

February 2006, Na

In comparison, Nasdaq has its own characteristics:

1,

There are three criteria for listing:

The IPO process is a challenging and exciting process. Bold decisions, the outstanding performance of the listing team and good market conditions, and the coordinated realization of "time, location, and harmony" will show the US capital market The style and image of a successful Chinese company.

February 8, 1971: The Nasdaq stock market was established with an index of 100 points. On October 13, Intel landed on NASDAQ and successfully raised $ 8.2 million.

On December 12, 1980, Apple was listed on the NASDAQ and issued 4.6 million shares. At the close, the stock price was $ 29, creating four billionaires. Nasdaq has since been called "the hotbed of billionaires."

October 19, 1987: Nasdaq fell 11.5% due to the plunge in the average price index of the Dow Jones Industrial Stocks, creating the largest drop in a day. At the end of the year, the index was 330 points.

April 12, 1991: 500 points.

July 17, 1995: 1,000 points.

July 11, 1997: 1500 points.

July 16, 1998: 2000 points.

January 29, 1999: 2500 points.

November 3, 1999: 3000 points.

December 29, 1999: 4000 points.

March 9, 2000: 5000 points.

March 10, 2000: Created a record of 5048.62 points. On Monday, the 13th, due to the bursting of the Internet bubble and the large-scale sale of technology stocks, 500 companies listed on the Nasdaq went bankrupt, 40% were delisted, and 80% of the companies had fallen by more than 80%, which had evaporated 3 trillion US dollars.

October 10, 2002: a new adjusted low of 1108 points.

October 31, 2007: hit a rebound high of 2861.

November 20, 2008: hit a new low of 1386.42 in 2008.

NASDAQ

In addition, the Dow Jones Index: The Dow Jones Industrial Average is an index calculated using the price-weighted average method to reflect the performance of 30 constituent stocks in the US market. The selection of constituent stocks is mostly a heavy company, widely held by investors, known for quality products and services, and has a good corporate development history.

The Dow Jones Industrial Average is also widely used outside the United States. It is not only an indicator of the performance of the US market, but also a guide for other markets around the world. The Dow Jones Industrial Average is reported widely in Asia. And it is closely related to the daily trend of the Asian stock market index. The performance of the index more often makes Asian markets respond. Therefore, investors in Hong Kong and the Asia Pacific region will follow this index closely.

On October 31, 2018, Microsoft stated that its Azure cloud blockchain service will be integrated with the Nasdaq Financial Framework. ^[4]