My Fintech Empire

Chapter 1209 [Just to blow up a technology bubble]

When Fang Hong said this, the entrepreneurs at the scene gave him warm applause and forcibly interrupted his words.

Because he really talked about the pain points of countless entrepreneurs, the entrepreneurs present felt a strong resonance. The growing clusters of enterprises that Fang Hong mentioned are indeed what he said, and they will not copy the ideas of start-up companies. , anyone who is interested will spend a lot of money to buy it.

There have been many such cases, which is why so many entrepreneurs now go to Xincheng to develop, and more and more, especially young entrepreneurial teams, Xincheng has such a strong "mass entrepreneurship" atmosphere This is also the reason.

You can't get away if you want to fool around here, you have to show your true skills here, and here you don't have to worry about your hard work being taken away by others, you just need to create something with high technical content. Come on, if you are attracted by a large company in the galaxy, they will not simply and crudely plunder it, but will directly use your "money power" to make you willing to sell it.

A team of several people built a start-up technology company. Within a year or two, the company was attracted by Galaxy Group, and there have been many cases of direct acquisition for tens of millions or even hundreds of millions. These people struggled for a year or two to directly acquire the company. To achieve financial freedom, you can either join a big company or start your own business.

Therefore, the entrepreneurial environment here in Xincheng is a place that countless entrepreneurs yearn for. The support from the government is also very strong, with relevant policy support and excellent supporting facilities in all aspects. Few cities across the country can match it.

But at this moment, after the applause fell, Fang Hong reorganized his words and said again: "Changing the current entrepreneurial environment is very beneficial to the recovery and strengthening of the economy. Lao Mei is doing something similar. It can Attracting global capital to it creates a lot of jobs and money at the same time.”

"The key is that the stock market should rise..." When Fang Hong mentioned the stock market, not only the entrepreneurs but also the investors were present and immediately became energetic. Fang Hong said calmly and calmly: "The stock market will rise. There is room, the domestic stock market is so low, and it is difficult for mainland entrepreneurs to go public, and the road to listing is difficult.”

After a while, Fang Hong changed the subject: "But things are different today. The implementation of the SGX registration-based pilot project is now going very well. More than 90% of the more than 500 listed companies are outstanding companies. For entrepreneurial technology growth stocks, SGX has opened up the road for many technology startups to go public and provided strong support in terms of capital.”

What I have to say is that since the opening of the SGX this year, it has indeed further promoted the "mass entrepreneurship and innovation" craze, and it has devoted itself to entrepreneurship and innovation in technology-based industries, and is gradually showing results in changing the general environment. .

At the same time, Fang Hong looked around at the attendees and said with a smile: "Today's stock market has been closed for more than half an hour, and the NSE 50 Index has also historically stood above the 2,000-point mark. There are many investors who are worried. Regarding the issue of technology bubble, some people think that the NSE 50 index has risen from the historical bottom to 1.56 times now. They think that the range of the stock market index peaking last year was also about this range, and they are worried that this technology bubble will burst. "

"Is there a bubble in the NSE 50 Index? Of course there is a bubble, and the current bubble is not small, but what I want to say is that this bubble will definitely not be punctured. During the economic downturn, a technology bubble will be created, and capital will Only those who pursue technology will pursue technology. After capital investment, the various research and development expenses invested will eventually be converted into investments in society. The expenses for research and development will become social income and become a series of entrepreneurial companies. These companies bring jobs."

"Some of Lao Mei's things also have merits. We are not going to copy them entirely, but we have to learn from their advantages. If you look at Lao Mei's past history, we can use the advantages of science and technology to immediately pull up during the economic downturn. There was a technology bubble, and then capital chased North America to invest, and a popular technology track emerged, and their young people found their direction again. "

"Including some people who were laid off by large companies during the economic downturn, they can also find their way, especially those who used to be executives from some large technology companies, or senior technicians with rich experience. They can start a business just by looking at their faces. Capital.”

"The process of capital chasing the technology bubble has actually brought new jobs and new growth points. No matter what, funds have actually entered into social investment, and R\u0026D expenses have been converted into social income, which has "Employment, income, and jobs are all reflections of entities driven by bubbles."

Obviously, Fang Hong is telling everyone directly that I am going to blow up a technology bubble in China through the SGX. I can still maintain this bubble, so why don’t you come and play?

To put it more bluntly, it is to make the SGX 50 index soar, to make the SGX stocks rise, and to have a long bull market. If you dare to bring money to play, you can really make money. , you can actually earn real money, will you come...

There is no doubt that capital, which is naturally profit-seeking, cannot resist such temptation.

Nowadays, the real estate market is also very hot, and it is also blowing up a real estate market bubble. The world is bustling for profit. Driven by the pursuit of profit, all walks of life related to the real estate market are favored by funds, and jobs, income, and wealth have also been created. Work.

The problem is that the bubble in the property market is unsustainable. To put it bluntly, its incremental space is limited.

But the blown-up technology bubble is completely different. To put it bluntly, its incremental space has infinite imagination. Once a revolutionary technology appears at a certain time and a certain node, it will definitely bring about a huge explosion of technological progress and productivity, and then create a vast blue ocean market.

The previous first and second industrial revolutions are all like this.

Therefore, when the technology bubble is blown up, it guides capital to chase it. It is a matter of time for quantitative change to lead to qualitative change. Once a new track appears and a breakthrough is made, the incremental space will be opened, and the blown-up technology bubble will be filled.

At this moment, not only entrepreneurs are excited, but investors are also excited. K God Ming card said that the new certificate 50 index breaking through 2,000 points is not a peak signal, but the bull market has just started.

This level of giants speak so clearly, if you don’t follow it, you can’t follow the money.

At the same time, it also tells all investors what to invest in the future, that is, to invest in technology-innovative industries, to explore in the primary market, to provide financing support to entrepreneurs, and to come up with good things, either to be bought by large enterprises with a lot of money, or to be listed on the SGX and enjoy the premium brought by the technology bubble.

At the same time, it also tells all entrepreneurs how to start a business in the future, either to open an online store or to start a business, to seriously innovate and work on technology, and not to think about playing tricks, which will not work. At least here in the new city and the SGX, there is no soil for survival. If you have real ability and come up with real things, you will get rich returns, whether you sell them to large companies or rush to list them on the SGX.

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