Rebirth 76: Industrial Internet Empire

Hibiscus Bank Chicago Branch.

"Mr. President, look quickly! Several 500-lot short orders suddenly flooded into the market..." Yumi Yasuda, who had been staring closely at the market, exclaimed.

"Check quickly, where does this account come from? Is there another large amount of money coming in?" Yasuda Kaga said nervously.

"Your Excellency, Mr. President, the person who sold the short order was the public seat of Qianhai Asset Management..." After making inquiries, Yasuda Yumi raised her head to report.

"Nani? Open seats? What does Li Heping want to do? Open provocation?" Yasuda Kaga said with a frown.

"It's not certain yet, but since Li Heping chose to use his public seat to short Nasdaq stock index futures, I think there are no more than two reasons!" Yumi Yasuda guessed.

"Which two reasons?"

"The first reason is to short the Nasdaq in a high profile and lead the trend. The second reason is that Qianhai Asset Management is preparing to reduce its holdings again. This is to hedge risks in Nasdaq futures! There is another benefit to him doing this... ..." Yasuda Yumi continued.

"What's the benefit?"

"We have to knock off our front teeth and swallow it in our stomachs just like last time, endorse the Qianhai Department's reduction in holdings, and continue to find writers to sing long on Nasdaq. This is Li Heping's conspiracy. No matter what we do, he will not lose. !" Yasuda Yumi continued.

"Baga! He really knows how to find opportunities!" Yasuda Kaga cursed angrily.

"President, how should we respond? We can't let them lead us by the nose like this, right?" Yasuda Yumi asked.

Yasuda Kaga pondered for a long time and then frowned and said: "Yumiko, you should still focus on the overall situation! Let's do this. At the last price, ask the media to write an article saying that Qianhai Asset Management will reduce its stake in Yahoo and Amazon and acquire AOL is just a normal position transfer, and the investment strategy adjustment of Qianhai Asset Management will not have any impact on market confidence!"

Yasuda Yumi nodded and turned to leave.

…………

2000 2 Month 25 Day.

A very obscure company had a successful IPO.

The company is just an ordinary online pet store. Its business model is to sell dog food, dog cages, cat food, cat litter and other pet supplies online. In less than half a year after its establishment, it received US$5 million in investment from the capital market.

Such an ordinary company cannot be more ordinary. Its business model is copied from Amazon, and with the suffix com added, it becomes an Internet start-up company with an e-commerce concept.

Six months after its establishment, the IPO valuation was as high as US$6 billion. On the first day of listing, the market value doubled, and two days later, the market value reached an incredible US$30 billion!

Lin Xi shook his head and smiled bitterly: "Yang Mo, what kind of industry do we still have? Look, just by plagiarizing Amazon's so-called idea, the market value has reached 120 billion US dollars in a few months, and you can't even print money so fast!"

"Damn! The board of directors issued an announcement. They spent a lot of money to win a prime-time advertisement for the Super Bowl in the United States..." Chan Ning also exclaimed.

"Let's take action on this pet store!" Yang Mo said thoughtfully with a slight movement in his heart.

"Are you going to open the knife? Such a small company can't affect the rise and fall of the Nasdaq index at all!" Lin Xi asked in confusion.

"Although it is small in size, it is very representative among the Internet companies that are overvalued by Nasdaq!" Yang Mo said in a deep voice.

"How to do it specifically?" Lin Xi said excitedly.

Yang Mo pondered for a moment and then stood up and said: "Lin Xi, you are responsible for reducing the shareholdings of all affiliated companies. After getting approval from the China Securities Regulatory Commission, sell them regardless of cost! Remember, you are the legal affairs officer of Zhiyuan Group, and all shareholding reductions must be There are legitimate reasons, they can withstand the review of the Securities Regulatory Commission, and there must be no oversteps within the scope allowed by the federal securities laws!"

Lin Xi nodded!

"Qian Ning, Heping, you two must cooperate with Lin Xi's reduction of holdings at any time, help her clear the relationship and find a suitable acquisition target. This is the top priority of our entire plan!" Yang Mo continued.

"Kexin, in the name of Zongheng Investment, we will sell short publicly, regardless of the cost, and sell as many stocks as we can lend!" Yang Mo instructed.

"Regardless of the cost? Do you think it will go bankrupt?" Guo Kexin asked puzzledly.

"Even if you are lucky enough to survive this time, you won't be around for long. An online pet store dares to win a Super Bowl prime-time commercial. It would be unreasonable for it not to close down!" Yang Mo said disdainfully.

…………

History stubbornly bends into its inherent trajectory.

Against the background of many Japanese media joining forces to sing the bullish tune, Qianhai investment companies applied for large-scale reduction of their holdings, but still failed to extinguish the enthusiasm of investors...

Friday, April 3.

Early trading on the New York Stock Exchange.

Due to excessive trading activity, the New York Stock Exchange trading channel was blocked for more than 90 seconds, and the Nasdaq index stopped updating for 40 minutes...

Nasdaq futures on the Chicago Board of Trade had to be suspended for one hour.

Nasdaq trading volume continues to hit new all-time highs every day.

The Nasdaq index has officially gained a foothold above 5000 points, completing a historic surpass of 5000 points. The stabilization of the 5000-point integer mark contains immeasurable psychological implications.

At this moment, not only ordinary investors, but also Wall Street investment circles have begun to discuss when and how to surpass 6000.

At the close of the afternoon market, the Nasdaq price was at 5125 points.

In the hall of the New York Stock Exchange, everyone's faces were filled with happy and contented smiles, and the wealth in their stock accounts was increasing at a speed that made people no longer want to work hard...

It was a great weekend and everything seemed perfect, except for one media outlet that was out of line...

This media called "Barron's" published an investigation report by a business research company.

"Burningup" conducted research on more than 200 Internet companies in Silicon Valley and came to a conclusion that is enough to subvert the capital market:

"Of these 200 Internet companies, 51 are facing cash flow depletion and will most likely not be able to survive this year, including the companies that won prime-time Super Bowl ads. They did not cherish the cash flow in their hands and had no budget. Blindly burning money will put the company on a path of no return!"

“No matter what type of Internet company you are, you will face the problem of sustained profit growth. And the vast majority of Internet companies have not even found a way to make profits yet. They just rely on the growth rate of users to raise crazy financing from the capital market. The number of Internet users The growth rate cannot be maintained indefinitely..."

"The number of users determines the upper limit of profit. It is difficult to find a new profit model. For Internet companies supported by concepts, the bubble will eventually burst!"

"Not all Internet companies are called Amazon and Cisco, with a long list of capital giants standing behind them, nor are all computer software and hardware companies called Microsoft and Intel, which monopolize the key technologies of software and hardware! Success can never be copied! "