My Fintech Empire

Chapter 572 [Super Big Mac strikes, Big A scares diabetes insipidus]

Qin Feng came to Jingxinju to meet and talk with Fang Hong for nearly an hour before leaving. At first, he came here to let Fang Hong use his influence to give advice to Apple and even the entire chip semiconductor industry chain abroad. Companies are heavily taxed.

This goal has not been achieved, but Qin Feng has also opened up a higher vision and a larger pattern from Fang Hong, no longer limited to one company and one industry, and is also clear about the things involved in Xingyu Technology or the chip semiconductor industry wide.

At the same time, he also knew how much potential hidden dangers would be brought to him and Qunxing Capital in the future by letting Fang Hong make suggestions at this time.

Although the purpose of coming here was not achieved, Qin Feng did not have any regrets when he left. The father of the gold master had this awareness earlier than himself, and Xingyu Technology has also stabilized. Will intervene, and the sponsor's father is very sober, this is the point.

Then I will concentrate on technology, continue to increase investment, and continue to make up for shortcomings.

Qin Feng resolutely adopted the strategy given by Fang Hong. Xingyu Technology's next plan will be to implement a strategic show of weakness. Isn't Apple entering the Greater China market this year? Let Apple win a few times first.

Xingyu Technology deliberately lowered its shipments to slow down the growth rate of subsequent market share, but this is not because Xingyu Technology's products are not competitive, but because the production capacity cannot keep up with the supply pressure brought about, resulting in sales growth slow.

For this move, Qin Feng actually had some concerns at the beginning. After all, instead of grabbing the incremental market, he gave it up to competitors. Over time, users may stay with the Apple brand.

However, Fang Hong's words dispelled Qin Feng's doubts, that is, Qin Feng's proposal to him this time, the solution to the situation is to promote heavy taxes on Apple.

As a result, the price of Apple products will inevitably increase significantly, thereby reducing market competitiveness.

As long as the heavy tax is placed there, the price of Apple's mobile phone will inevitably be high, otherwise it will sell one at a loss, and the high price will inevitably affect sales, and the market share will decline, which offsets the current increase in market share. Negative effect.

With Fang Hong's existence in this life, he will definitely use his influence to try his best to push for heavy taxes on Apple to restrict competitors, and he doesn't have to impose heavy taxes. For example, he can use the name of anti-monopoly. Apple's share in the mainland market will do.

But this matter is definitely not advancing now, it depends on the timing, and the timing needs to wait, but of course you can’t just wait and do nothing while waiting for the timing, and you must actively plan and prepare.

...

Entering mid-March, it's Wednesday, March 14th.

During this period, two major meetings were held, and today is coming to an end. At the same time, today’s A-share market is extremely optimistic. The market index rushed to 2476.22 points when the market opened around 13:00 in the afternoon. At that time, the market's upward trend came to an abrupt end.

The meeting ended in the morning and failed to break through the previous high of 2478.38 in the afternoon. The stock market began to plummet like a cliff. Speculative capital withdrew on the advantage of the meeting, and the index fell sharply. The market panicked for a while.

A kind of meeting for stockholders will be killed immediately after the meeting, and the face will be lost, and the performance will not be performed.

Just as the market turned sharply down, another super heavy news spread on the news surface, giving Big A a heavy hammer.

"Securities Daily", "Cailianshe" and other media rushed to quote and reported a news: Xingyu Technology, the largest smartphone manufacturer in China, plans to apply for an IPO financing listing on the main board of the Shanghai Stock Exchange, and issue about 29 billion new shares, accounting for 2753.55% of the company's total share capital. 10.53% of the 100 million shares, the IPO raised 73.7 billion yuan, the issue price was 2.54 yuan per share, and the market value of the issue was 700 billion yuan.

Good guy!

Investors from all walks of life saw the news and called it a good guy!

This news is no different from a nuclear bomb to the entire A-share market, and it is at the level of a hydrogen bomb.

Once Xingyu Technology's IPO is successful, it means that the Agricultural Bank of China, one of the four major banks, has set a record for its IPO fundraising in the previous year, and it will become the first A-share listed company in history with an IPO fundraising amount of more than 70 billion.

This has an unimaginable pumping and siphon effect on the entire market. Years ago, the whole day’s trading volume on the main board of the Shanghai Stock Exchange was only 30 to 40 billion. My good guy, Xingyu Technology’s IPO reached 73.7 billion?

As soon as the news came out, the big A directly frightened the diabetes insipidus on the spot, and the Shanghai stock index started to turn green and plummeted. There is almost no resistance.

Towards the end of the session, the Shanghai stock index fell by nearly 3 percentage points at one point, the largest single-day drop since the beginning of the new year and in the past three months.

The previous high failed to break through, but fell below the integer mark of 2400 points.

At this moment, stockholders' scalps were numb, and there were many discussions.

[This nima, the gratifying rally in the morning shouted that the former high 2478 was captured in one fell swoop, and now it is killed like this? ]

[The time-sharing line really flows down three thousand feet like a waterfall...]

[Silly children, run! ]

[The meeting is over, the singing is over, I can only restore the true face of Boss Xiong, and the acting is no longer there, hahaha! ]

[It doesn't matter if you don't play the big A. ]

[The main force took advantage of the benefits to ship. I didn't expect Xingyu Technology to release a hydrogen bomb at this time. This power was equivalent to "73.7 billion". The main force is cursing and I haven't finished shipping yet.

So I reckon that after this adjustment is over, there will definitely be a wave of rebound, because the main body is too big and will not be released so quickly, and it will definitely be raised later. It depends on where the market outlook adjusts and when it will be raised. As for this large-volume negative line, don’t even think about the market in the near future. In the short term, it will see adjustments, and in the medium term, it will see rebounds. Who knows in the long term. ]

[The analysis is good, it's useless at all. ]

[Ward oh my god, is this crazy? The initial fundraising was 73.7 billion? The valuation has reached 700 billion? Is it true that no premium is given to the secondary market? ]

[Super Big Mac, 700 billion just started, a trillion market value is not a dream... (erha.jpg)]

[If the fundraising is successful, it will set a new record for Big A's initial fundraising. ]

[The rhythm of stockholders' blood being drained...]

[The issue price of 2.54 yuan, the fundraising amount of more than 70 billion yuan, and the total share capital of more than 270 billion shares, if you don’t know it, you may think that a small and micro tobacco company is about to go public. ]

[God what a small and micro enterprise. ]

[With such a low issue price, if Xingyu Technology goes public, let alone not being able to afford it in the future, let alone not having real high-tech companies. ]

[The mood is quite complicated, I want to scold the public for being so bloody, but Xingyu Technology is indeed one of the few world-class technology giants in China that can make a move. I believe that fundraising is not for making money, but for really developing the company. This is different from those who only There is an essential difference between rubbish companies that know how to siphon money...]

...

As of the close, the Shanghai and Shenzhen stock markets closed down across the board, and it was a heavy drop. The Shanghai Index fell -2.63% to close at 2391.23 points, falling below the 2400-point mark; the Shenzhen Component Index fell -3.19% to close at 10094.89 points, barely holding on to 10,000 points mark.

The total turnover of the two cities was 325 billion yuan, showing the recent sky volume.

Now the market's plunge was blamed on Xingyu Technology, and the IPO news was released. At this moment, it was just a news, and the big A was frightened and collapsed in place, and the stockholders were also terrified.

This company is indeed a good company, but the scale of the fundraising is too ruthless.

...

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