Rebirth of the World’s Richest Man

Negotiations have begun. This is something that will take a long time to be completed. Jiang Xiaobai is only responsible for checking.

However, the domestic shopping malls have calmed down at this time. The competition between Huaqing Holding Group and Changjiang Group is over, but the subsequent impact and turmoil are still there, but they are slowly calming down.

At this time, something happened to Nasdaq on the other side of the ocean. The time since Nasdaq was founded has only been barely enough for thirty years.

Compared with the New York Stock Exchange, it has a short history, but its growth is unique. It was the first stock exchange in the world to adopt an electronic trading system.

In recent years, with the explosion of some high-tech companies, computers, and Internet companies, Nasdaq has had an impact on the global market. With thousands of listed companies, the market is also huge.

In the past two years, Nasdaq has been on the rise. Many Internet companies have been listed on Nasdaq, including domestic Internet companies, and their market value has continued to rise.

But starting from April, the Nasdaq stock market, which had been soaring all the way, turned around and fell without any warning. By the time Jiang Xiaobai's negotiations began, it had dropped from a high of more than 5,000 to more than 4,000 points. During this period, It dropped from more than 4,000 points to more than 3,000 points, and then to more than 2,000 points.

In one month, it dropped by 40%.

Forty percent, this may not seem very impressive at first glance, but if Huaqing Holding Group as a whole loses 40%, it would be the evaporation of hundreds of billions.

And this number is even more terrifying when placed on Nasdaq. There are thousands of listed companies. One company, Generation Warner, lost thousands of dollars, which is equivalent to a small trillion yuan.

Cisco's market value has dropped from just over 500 to 600 billion US dollars to over 100 billion US dollars, and Yahu has even more miserably fallen from more than 90 billion US dollars to more than 9 billion US dollars, leaving only a fraction.

The same goes for Amazon. The market value of more than 20 billion U.S. dollars fell to only 4 billion U.S. dollars.

Overall, Nasdaq has lost more than 8 trillion U.S. dollars, which is an astronomical figure.

The Internet bubble burst just like that. In fact, many people were wary before this because the market value of the Internet was really too high.

Because at this time, Internet companies have not found a profitable direction at all, and the market value of a company that is not profitable at all is constantly being raised.

Apparently many people are playing the trick of passing flowers by beating drums.

Several domestic Internet companies have also been affected. Among them, Teacher Ma made a special trip to Shanghai to find Jiang Xiaobai.

"Director Jiang, the affairs between your Huaqing Holding Group and Changjiang Group were very vigorous some time ago, and I didn't do much to help..." Teacher Ma said politely.

Jiang Xiaobai waved his hand, how can you, an e-commerce person, help? Needless to say, at this time, even when Teacher Ma starts up the business, you won't be able to help. These are two completely different fields.

Internet companies and the real field are completely different things, although the Internet economy will also have an impact on the real economy in later generations.

But that is only a small business, and the impact on large companies is not that great.

"Okay, it's okay. Just do your thing well now. Is there anything you need my help with this time?" Jiang Xiaobai asked directly.

"Well, Director Jiang, do you know about the collapse of Nasdaq?" Teacher Ma asked.

Jiang Xiaobai nodded: "I know, if the game of drumming and passing flowers can no longer be played, it will naturally collapse."

"A game of drumming and passing flowers?" Teacher Ma was stunned.

"Haha, isn't it impressive? It's just a game of capital." Jiang Xiaobai said casually.

Teacher Ma was stunned, and his face suddenly turned ugly: "Dong Jiang, do you mean that the Internet is a tool for hype? Then do this..."

Now that the bubble in the entire Internet industry has burst, all Internet companies are panicking.

It's not that they are mentally unstable, it's mainly that the impact of the Internet bubble collapse has been too great.

In the entire Internet industry, no one can escape. Listed Internet companies, especially Internet companies listed on NASDAQ, are considered the best among Internet companies.

As a result, they are all dying now, which makes people wonder whether there is something wrong with this industry.

So Teacher Ma was anxious to survive, and also wanted to get some comfort from Jiang Xiaobai.

But I didn't expect that Jiang Xiaobai would actually say that this was a capital game of drumming and passing flowers.

If the Internet industry is a capital game of beating drums and spreading flowers, then what is the meaning of the existence of their Internet industry and Internet companies?

Is it just an object for capital speculation?

"Director Jiang, is there any point for us to continue doing this?" Teacher Ma sat down on the sofa and said a little decadently.

Jiang Xiaobai smiled and shook his head: "A few years ago, in Qiongzhou, capital also played a game of drumming and passing flowers. So, do you think the land in Qiongzhou is really worthless at all?"

Teacher Ma was stunned and looked at Jiang Xiaobai.

Jiang Xiaobai continued: "Today's Internet companies have artificially high market values ​​and are just hyping concepts, which will lead to a wrong path.

It can only be reduced to a tool for speculation, but if you think about it on the other hand, if the Internet has no value at all, it will not even have the value to become a tool for speculation, right? "

In fact, Internet companies at this time are like the concept of the metaverse in later generations. Of course, this is much stronger than the concept of the metaverse.

But for most people, it is still a business with no profit point in sight, and most of them don’t even know what it is.

Everyone knows about computers, but no one understands how to use the Internet to make money.

Such emerging concepts are the easiest to be hyped by capital.

The Internet industry is such a tool now, and now the bubble has burst, but it does not mean that the Internet industry has no value.

Jiang Xiaobai continued: "For today's Internet companies, you don't have to worry about other things, such as market value and the future of the industry. I think that for a company,

The most important thing is to find your own profit model. Market value and the like are all fictitious. I think it is a good thing that the bubble has burst now.

Everyone can calm down and start a business in a down-to-earth manner instead of calculating and hyping concepts all day long. "