My Fintech Empire

The fire of Lingjing search can be said to be the most popular event in the technology circle recently. The quota of the internal test version has become a hot commodity. An account with internal test qualification has been sold for eighty or ninety yuan on Taobao, and the price has increased. It is hard to get a certificate if it is more than double.

You can see its popularity and popularity.

In the era of 2014, the search of the spirit world connected to the large model of AI language has brought great shock and unprecedented experience to the current people.

Taking advantage of this popularity, the number of visits and user registrations of Lingjing Search has skyrocketed in the recent period. Those who have used it are said to be good, and those who have not used it have seen various articles or videos on the Internet to experience the beta version Introduction, I also want to use it, it's just unbearable.

This also made thousands of netizens become loyal users of Lingjing Search, and brought a large number of new users.

Netizens who did not qualify for the closed beta all ran to Chen Yu's Weibo to ask when the official version would be launched. Seeing the netizens who qualified for the closed beta show off this artifact in various ways made me feel uncomfortable.

And Quantitative Capital did not let go of the opportunity to further open up the popularity of this boom, and soon released an announcement that the company will invite 1 million places to participate in the internal test within the next month.

Users can apply for internal test qualifications now, and the 1 million internal test quotas will be randomly selected among applicants.

Netizens who saw the news, those who had a Lingjing search account decisively clicked to apply, and those who did not have an account also registered an account and applied at this time, which also caused a large-scale surge in the number of Lingjing search users.

This wave of out-of-circle popularity can be said to have completely opened up the popularity of Lingjing Search.

Before this, there are still many new users who have not used this search engine, and they came into contact with it for the first time because of this outing. Among the many netizens who have initially experienced this search engine, more than 55% of them decisively gave up on Baidu. It is not good news for Baidu.

This is because they have not experienced the internal beta version, because the experience of the current official version of Lingjing Search is far better than that of competing products such as Baidu, Shenma, and Soso.

Because the results of Lingjing search are more accurate than those of competing products in the same industry, this is technical strength, and the UI interface is also very refreshing and comfortable.

Most importantly, no spam ads!

None of the first five search terms on the left is the recommended advertisement content of "guess you like it", and they are all the results of the user's own search.

Moreover, Lingjing Search has very strict requirements for the selection of advertisements, and it is truly in full compliance with the provisions of the Advertising Law. It will not accept advertisements that violate the Advertising Law no matter how much money it spends, and would rather not make this money.

In a nutshell, Lingjing Search only accepts regular and non-fraudulent advertisements, and it has to stand up to make money.

If you can’t make money, then you’ll lose money in your operations. Behind Lingjing Search is quantitative capital, and Qunxing Capital is behind quantitative capital.

This money can afford to lose.

Moreover, both Fang Hong and Chen Yu, who is directly in charge of Quantitative Capital, firmly believe that making money is a matter of time.

The popularity of Lingjing search has also made artificial intelligence a new hotspot in the capital and technology circles. Neural network deep learning has also become more popular than ever before. Companies of all sizes, especially Goose Factory and Ali, these Internet giants, have become more and more popular in AI. The investment in the field directly doubled and soared.

The innovation of technology is too fast, and sometimes it comes very abruptly, even if you don't even say hello, it will be too late when you react.

The anxiety of major manufacturers is self-evident. The artificial intelligence track is unprecedentedly hot. Giant manufacturers no longer hesitate to bet on the AI ​​track one after another, because they are really afraid of being left behind by the times.

Not to mention Baidu, facing the competition from the spiritual search, this time I really felt an unprecedented crisis.

The company's recent stock price is the best response. It has been falling sharply for a week, evaporating -35% of its market value, because the number of registrations and visits of Lingjing search next door is exploding. In contrast, During the same period, Baidu's visits did begin to decline significantly.

With the sudden emergence of Lingjing search, the domestic search market, which had already formed the 82 law pattern, has undergone drastic changes again, and Baidu's top position in this field is becoming more and more unstable.

And the most powerful challenger to its boss position is the Spiritual Realm Search.

Today, this has become a general consensus. Whether it is the investment circle, industry insiders or even the public netizens, they all believe that Lingjing Search will overthrow Baidu.

However, compared with the popularity of Lingjing Search, many stockholders think that the stock price of Quantitative Capital will also rise due to the popularity.

The result exceeded their expectations.

During this period, the stock price of Quantitative Capital not only did not rise because of this, but it was still falling. It has fallen from the recent high price of 177 yuan to around 105 yuan.

I don’t know if I don’t read it, but I was shocked when I saw it. The recent cumulative decline has reached -40%, and the market value has shrunk to 146.7 billion yuan.

The performance of the capital market is diametrically opposite, which is beyond the expectations of many investors. Logically speaking, this company now has a market value of more than 150 billion yuan just relying on Lingjing Search, a product.

You must know that people in the industry and investment circles now feel that Lingjing Search is likely to replace Baidu as the new leader in the search market in the future.

With such a strong expectation, even if Baidu’s current market value drops by 30%, it still has 49 billion US dollars, which is more than 300 billion yuan in RMB.

If the benchmark surpasses Baidu, the value of just one spiritual search will be more than 300 billion.

In addition to the search business, Quantitative Capital also has Lingke TV, which debuted on the webcast platform and is at its peak, as well as AI technology itself, the IP of Xiao Ling, and the company's display chip business.

Most importantly, Quantitative Capital is still a top investment management company in the industry, and its ability to make money is second only to Qunxing Capital.

Such a company has a market value of less than 150 billion, which is really surprising.

No matter how you look at it, it is a seriously underestimated state.

However, there are not many people who are bottom-hunters. With several major market makers suppressing the stock price, even if there is bottom-hunting funds, it is not enough to start the market.

It's not that everyone doesn't know that this stock is seriously undervalued. The main reason is...

No money!

Most of the funds are in a state of being locked up. The central bank tightened liquidity at the front end. How many years has it been since the big A fell from 6,000 points? Whether it is retail investors or institutions, most of them are In a locked state.

Speaking of underestimation, the current A-share market is full of undervalued high-quality core assets. Mao Ting has been cut in half, and a large number of high-quality blue-chip stocks have been cut in half. Which one is not a good product sold at the price of cabbage?

Only in terms of low valuation, quantitative capital is really not a scarce product in the current A-share market.

What's more, there are still several major market makers' institutions deliberately controlling the market to suppress the stock price.

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