We're building a super chaebol in Hong Kong
#240 - When a general is away from home, he may not obey the orders of the king.
After saying goodbye to Yang Chaoye, Su Cheng returned to the hotel with his bodyguards.
He had been busy all day and deserved a good rest.
Back at the hotel, Su Cheng washed up and went to bed early.
Time flew by, and in the blink of an eye, when Su Cheng opened his eyes again, it was already October 2nd.
Su Cheng looked at the time; it was still early, just past eight in the morning.
He didn't have anything planned for today, so he wasn't planning on going out just yet.
Zhang Qizheng's trading team naturally had their work arranged by Zhang Qizheng.
Su Cheng brushed his teeth, changed his clothes, and called the hotel front desk to have breakfast and newspapers brought up.
While waiting, he turned on the TV.
The morning news on television was still headlining the Oracle Computer press conference and the joint statement by 12 technology companies.
The hotel was quick; in less than ten minutes, a waiter was knocking on Su Cheng's door with a trolley.
As the hotel's presidential suite, the most expensive room, the service naturally had to match.
Under the arrangement of the two female attendants, milk, bread, eggs, bacon, pancakes, and more were placed on the table in the room.
In addition, there were more than a dozen of New York's best-selling newspapers.
After they left and closed the door, Su Cheng picked up a copy of "The New York Times" and began to read.
The headline was still the news about the Oracle Computer press conference.
Below that were the detailed content and pictures of the joint statement.
Su Cheng put down "The New York Times" and picked up the second newspaper, "The New York Morning Post," the headline content being much the same.
The third newspaper, "The Washington Post," did not put the Oracle Computer press conference news as the headline; the headline was taken up by news of the situation in Persia.
According to the latest news from "The Washington Post," on the morning of October 1st, Persian Shiite leader Sayyid Ruhollah Khomeini was assassinated, but ultimately failed.
After reading this news, Su Cheng knew that this event would definitely become an important turning point there.
The struggle between the Shiites and the Pahlavi dynasty was becoming more and more intense.
Below this news was the Oracle Computer press conference news.
Su Cheng read the fourth and fifth newspapers; basically, Oracle Computer had become the headline.
Some tabloids were smart, putting the joint statement of the 12 technology companies on the headline.
Looking at the content of these newspapers, Su Cheng was still very satisfied.
Oracle Computer was destined to become famous in Beautiful Country and even the entire Americas today.
This kind of free advertising still had a very good effect.
This was the reason why Yang Chaoye wanted to hold a press conference.
Holding a press conference didn't cost too much money, but the effect was excellent.
Of course, this was also because the product's innovation was too strong; if it were an ordinary new product, there would be no such effect at all; it would be good enough to have media attention.
After Su Cheng finished breakfast, he took the newspaper, went to the balcony, sat on the lounge chair, and comfortably looked at the bustling downtown Manhattan outside.
Today was sunny, and the morning temperature was around 18 degrees Celsius; the sunlight shining on Su Cheng was very comfortable.
At 9:30 in the morning, Zhang Qizheng had already taken the trading team to the box in the stock exchange.
At this time, the exchange was still bustling with activity.
However, today everyone's focus was no longer on oil companies.
Their eyes were on IBM, Texas Instruments, Kodak, Intel, and many other listed information technology companies.
Some people had already prepared.
When the opening bell rang, some people quickly sold the information technology stocks in their hands.
Those with ideas had already prepared to place orders to sell as soon as the market opened.
However, there were too many people with this idea.
Soon, many technology stocks began to have more sell orders than buy orders.
Large companies with strong strength were okay, with market makers stabilizing the stock price.
Smaller ones were miserable; before lunchtime, many small listed companies had already fallen by more than 30%.
Beautiful Country stocks do not have a limit down rule, so today was simply Black Monday for many technology stocks.
The stock prices of the 11 listed companies that jointly participated in issuing the joint statement, except for Intel, did not fall too badly, only between 5% and 10%, which was still within their control.
Because these companies were not only large, but their computer business was only a part of their overall business, so even though they had no advantage in the computer business, many shareholders still believed in them.
The joint statement issued jointly with Oracle Computer also gave shareholders great hope.
It was only half a year; they could wait and would rise sooner or later.
Therefore, except for Intel, other companies could control it.
But Intel was unlucky.
Among these 11 companies, although Intel had a glorious moment in the past two years, successively releasing several excellent processor and memory products,
its foundation was too shallow.
In addition, the small size of the stock also became its disadvantage.
Because Intel's funds were insufficient.
Because all of Intel's business was basically in the semiconductor sector.
So, it was miserable.
No shareholders believed that Intel could last for half a year.
Therefore, it became the most severely sold-off listed company among the 11 companies.
"President Zhang, in this situation, should we still absorb it?" a trader asked, looking at Intel, which had fallen by more than 10% as soon as the market opened.
Previously, Zhang Qizheng and his team had already acquired 14.86% of Intel's stock, spending little money, just over four million US dollars, which was nothing to Su Cheng.
However, Intel's current situation seemed to be a bit out of control.
Zhang Qizheng was, after all, a seasoned veteran, and he quickly analyzed the possibility of Intel collapsing, and the possibility was very high.
Once Intel collapsed, the consequences for Intel would be very serious.
"Sell, immediately sell all of Intel's stock at a price set below 20%!" Zhang Qizheng was very decisive.
If they didn't sell now, it would be too late.
He didn't need to call Su Cheng for instructions on this matter; when Su Cheng wasn't here, he had his own judgment.
"When a general is abroad, he may disobey the orders of his sovereign!" This was what Su Cheng had once said to him.
With his many years of experience, Intel's stock price would definitely plummet today.
Anyway, its price was not high; if it stabilized later, they could buy it back.
The trader's actions were very fast, and all of Intel's stocks were quickly listed.
At this time, Intel's stock price had fallen by 13.86%.
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