Ke Chuang Bio's official accounts on major social media have all released preview videos about virtual reality equipment.
After the video was released, other countries quickly realized what China had done in the capital market in the previous half month.
Virtual reality in the true sense is here, which is equivalent to crossing over Internet 1.0, 2.0, and 3.0, and directly coming to the tenth generation of Internet form.
The tenth generation here is just an exaggeration. It is possible that even ten generations will not be able to achieve virtual reality in the true sense.
"God's Coming"
With virtual reality equipment, all the previous Internet giants have to reprice their products.
Foreign Google, Amazon, Apple, META, domestic BAT, etc., many Internet companies cannot enjoy the current valuation at all.
The virtual reality world is here, in the form of software, and users’ demand for traditional Internet services will be reduced to a minimum.
When the U.S. stock market opened that day, the Nasdaq index had a flash crash. By the close of trading, it had fallen by more than 15%.
It was the largest decline in the history of the Nasdaq.
The largest day-to-day decline for the Nasdaq in history was only a drop of 11.35%.
Even in the millennium when the dot-com bubble burst, the Nasdaq index never fell more than 10% in a single day.
Most of the stocks that make up the S&P 500 were down.
The S&P 500 fell by 20% that day, directly triggering a trading halt in the US stock market.
You must know that a 7% drop in the S&P 500 will trigger a circuit breaker, a 13% drop will trigger a circuit breaker, and a 20% drop will directly stop trading for the day.
After this circuit breaker mechanism was introduced into the US stock market, US stocks have been circuit breaker four times.
Previously in 2020, U.S. stocks only had circuit breakers twice in a row in one week.
As a result, Kechuang Biotech’s video directly caused the U.S. stock market to circuit breaker three times and stop trading.
This is the first time in history.
"Brothers, watch the fireworks!"
"I didn't expect that the announcement of a Chinese company could crash the U.S. stock market."
“It’s time to witness history. As a post-1990s generation, I have witnessed too much history. I originally thought that the U.S. stock market crashed three times in nine days 11 years ago was an insurmountable history.
Unexpectedly, the circuit breaker blew three times in one day.
I estimate that when the circuit breaker mechanism was designed, America's Securities and Exchange Commission did not think of it.
The most ridiculous point is that this is still influenced by Chinese companies. "
“The investors behind Internet giants such as Google, Microsoft, Apple, etc. are all scared to death by Kechuang Biotechnology.
Originally, I didn’t believe that Kechuang Biotech had really developed virtual reality technology.
Judging from the reaction of the US stock market, I guess it is true.
Capital is voting with its feet. "
“I also think that if virtual reality technology had not been realized, what else could have caused Apple’s market value to drop by 20%?
More than one trillion RMB was directly evaporated. "
The reason why Apple only fell 20% is because the market believes that Kechuang Biotech’s virtual reality equipment will not be able to enter the market outside China in a short period of time.
If it is confirmed that virtual reality devices can be launched in Americen and most of the world's spheres of influence, Apple will have to fall by at least 50%.
"The U.S. stock market is so exciting that my heart can't stand it. I'd better just play Big A honestly.
Anyway, Big A will drop at most 10% tomorrow. "
The suspension of trading in U.S. stocks that night topped the list of Chinese social media.
Chinese netizens were very excited. It was the first time they saw a new product release notice from a Chinese company, which could shut down the U.S. stock market.
“This is the bursting of the Internet bubble in 2000, the financial crisis in 2008, the South China Sea confrontation in 2016, the pandemic in 2020 and the Federal Reserve’s repeated interest rate hikes in 2022, but we have not seen this level of circuit breaker in the US stock market.
Ke Chuang Biology is awesome.
No, if the U.S. stock market crashed, wouldn’t the big A and Hong Kong stocks also crash tomorrow? I still have a position, so why am I happy? "
"Maybe this is just to watch the fun and not take it too seriously."
In fact, many people in China have houses or more than one house, but they also want to see the housing prices in China collapse.
Lezi people are fearless.
On the second day, Big A collapsed as expected, almost reproducing the tragedy of that year when thousands of stocks fell to their limit.
The worst among them is the semiconductor sector, which is at least seven points underwater.
Investors who were complaining about U.S. stocks on Weibo the night before turned on self-deprecating mode the next day.
"The losses in my account should be used as donations for the research and development of Kechuang Biotech."
"I just hope that due to the loss in my account, Kechuang Biotech can give me a discount when I buy virtual reality equipment later."
The only thing that rose sharply that day was Kechuang Biotechnology. As a listed company with a market capitalization of trillions, it went up to the daily limit.
You must know that the price limit on the Science and Technology Innovation Board is 20%.
Take CATL, for example, when it was first listed, it hit the daily limit for eight consecutive trading days, directly becoming the largest heavyweight stock on the GEM at that time.
But later, after the market value of CATL increased, it almost never reached the daily limit. Although it has been on an upward channel, it was almost impossible to reach the daily limit because the market was too large.
This is true for a company like CATL with a market capitalization of RMB trillion. Kechuang Biotech’s market capitalization of RMB trillion is measured in meters.
Even the most optimistic stockholders never thought that Kechuang Biotech could reach the daily limit.
This is so rare.
At the opening of the day, Kechuang Biotechnology was pressed to death on the daily limit, and there was no opening in the middle.
The Shanghai Composite Index fell by 9%, which was even more exaggerated than the limit drop of 3,212 stocks on February 3, 2020.
Even if the market is like this, Kechuang Biotechnology is still firmly pressed on the daily limit, and the turnover rate is extremely low, not exceeding 0.5%.
Capital is not stupid. At this critical time, the scarcest resource is certainty.
Why is it that we often see the word certainty in the public speeches of senior fund managers?
Because Big A is neither a pure value investment nor pure speculation. As a senior fund manager who manages money for investors, pursuing returns is not the first priority.
The more they have been involved in this market, the more they have a sense of awe. Pursuing low retracements and preventing investors from feeling losses as much as possible is their first goal.
Under this kind of goal orientation, the certainty of a company is naturally the most important.
Private equity funds have another way to play. There are too many ways to play, and many private equity funds play wildly.
And in this world where all the capital doesn’t know where to go, there is no authoritative voice to tell everyone how far Kechuang Biotech’s virtual reality technology can achieve.
What exactly are the products that Kechuang Biotechnology will release this year?
These are all unknown circumstances. As the initiator of all this, Kechuang Biotech has the greatest certainty.
At noon that day, Oriental Fortune had only one sentence when summarizing: Science and Technology Creation has completely experienced a reversal of difficulties, and everything will fall when a whale is born.
The title of Snowball’s public account the night before was:
"The U.S. stock market plummeted, and the Nasdaq index lost 2,000 points in a single day! Panic has been ramped up."
Just change the title and you can use it for the big A the next morning.
Ke Chuang Bio's stock bar was relatively popular at the beginning, but has been a bit tepid since then.
The popularity of the stock bar has always been ranked around fifty among the more than 4,000 stocks in the market.
After all, the price per share of Kechuang Biotechnology is too high, and it is on the Science and Technology Innovation Board, so there are very few retail investors who can participate.
This is the same reason that Maotai’s stock bar is not very popular.
But in the past two days, the popularity has jumped directly to the first place.
It was filled with the wails and condemnations of shareholders whose shares had been cut off.
"How do you evaluate Kechuang Biotechnology's today's claim that it will release a real virtual reality product this year and name it after the future?"
Due to the sudden collapse of the global capital market caused by science and technology, this issue has been pushed to the top of the hot list on Zhihu.
"Thank you for the invitation, there is still a little information disclosed at the official level.
There are many things that cannot be judged.
First of all, whether it was US stocks, European stock markets last night, or stock markets in the Asia-Pacific region that opened today, they were all plummeting.
There is no negative news in the news.
In addition, both China Internet and domestic semiconductor stocks have been falling before. It can be seen that Kechuang Biotech's so-called real virtual reality equipment is not a gimmick, but a real product.
This product will completely change the current Internet ecosystem.
There is a high probability that most of the feelings can be transmitted directly from the device to the user's brain.
That’s why the capital market reacted so enthusiastically, which cannot be described as enthusiastic. This is even more exaggerated than a volcanic eruption.
But the strange thing is that both domestic and foreign semiconductor companies are all plummeting.
Including the previous upstream suppliers of Kechuang Biotech’s brain-computer connected VR, no one has come forward to claim that they will supply the virtual reality equipment that Kechuang Biotech will release this year.
In other words, Kechuang Biotech’s virtual reality equipment has no suppliers and no chips.
This is the core logic behind the collapse of semiconductors across the board.
This is incredible and completely inconsistent with my current knowledge. I can't figure out what kind of technology can realize the virtual world in film and television works without using semiconductors.
It seems that the biocomputer technology of Deep Blue Creatures has not advanced to this extent.
Another very important point is that if it is a virtual reality world, whether it is storage or network, there are requirements that far exceed the current network.
For example, watching videos requires a traffic speed of about 10M without any lag, while VR videos require about 100M.
If it is true virtual reality, involving the return of touch, taste, and smell, I estimate that the network speed requirements must be multiplied by at least ten.
Judging from the current network infrastructure in China, it cannot bear this demand.
And there are currently no technological breakthroughs in the communications field.
Therefore, there are many doubts whether it is from the supply chain level or the communication level.
In addition, we assume that this is true, and all traditional Internet giants will be killed.
Including hardware manufacturers, from Apple to Samsung to Sony, from domestic rice, OV to Honor, all will face the fate of being ruthlessly eliminated by the times like Nokia.
Rice may be able to survive relying on the relationship between Mr. Lei and Zheng Shen, but it will also face a very exaggerated transformation.
As for semiconductors, virtual reality equipment that does not use silicon-based chips is a huge benefit to China, a serious disadvantage to America, and a devastating disaster to Korea and the Wanwan region. It’s hard to describe it enough.
I watched the product preview video posted by Kechuang Biotechnology on its official Weibo several times.
The white sphere in Mr. Miao Miao's hand was very different. It didn't have the texture of plastic or any kind of metal. At the same time, it was difficult to wear on the head.
It doesn't look like a helmet.
I am really looking forward to what kind of effect it will be like when using Kechuang Biotechnology’s virtual reality equipment.
Hope to experience it soon. "
Because some employees of Kechuang Biotech called Li Miaomiao President Miaomiao on social media, netizens later became accustomed to calling her that.
When all Chinese concept stocks in the Hong Kong stock market were falling, the declines of Rice and Goose Factory were not that exaggerated.
This is also because capital investors feel that Rice and Goose Factory may have an opportunity to intervene in Kechuang Biotech’s virtual reality equipment supply chain system.
Therefore, the selling was not as severe as the selling of other Chinese concept stocks.
On that day, in the headquarters building of Rice Yanjing, all the senior executives and middle managers in the rice system gathered together.
Lei Jun's face was serious, and the executives present were shocked. They had never seen Mr. Lei so serious before.
Lei Jun is generally less serious than others, but very friendly when there are many people.
Like when the rice perfusion staff held a general meeting, Lei Jun was rarely so serious.
The last time we faced great challenges was in 2018, more than ten years have passed since today.
“Rice is at a critical point of life and death, and we need to transform and truly face a situation of survival.
This is not alarmist, but a real problem we are facing now.
The virtual reality world in film and television works is coming, just nine months from now. During these nine months, we must at least find a way to maintain the size of rice.
If this volume cannot be maintained, how can we streamline the staff.
At this juncture, those who need to be laid off will be laid off, and even for all of you here, I cannot guarantee that layoffs will not happen to you.
We need to spread the cold air to everyone in the group. "
After Lei Jun ended the negotiations, he stayed in the health resort specially prepared for him in China for about a month.
Lei Jun was anxious every day in Beidaihe, wishing he could go back to take charge of the work one day earlier.
Virtual reality is also a fatal blow to rice.
You must know that the foundation of Dami is mobile phones. In the virtual reality world, do people really need mobile phones in the traditional sense?
Although the result of the negotiation is that communication between virtual reality is only limited to Suzhou.
Rice phones can still survive with administrative orders, but how long can they survive? When did China change its mind?
Will foreign countries, like China, not allow virtual reality devices to be connected to the Internet?
You must know that rice’s overseas market revenue is basically the same as that in the Chinese market.
Thanks to the good relationship with Kechuang Biotechnology, rice has even gained a foothold in the high-end market in overseas markets.
If overseas countries allow the construction of virtual reality equipment and supporting biocommunications, then Rice will have to face the direct loss of half of its market.
Whether it is when domestic regulations will be relaxed or whether virtual reality equipment will be widely promoted abroad, these are currently unknown.
Running a business cannot rely on gambling, and Lei Jun knows this very well.
The impact of virtual reality equipment on them will definitely come, it’s just a matter of sooner or later.
Those who do not plan for the eternity cannot plan for a moment.
In front of Lei Jun was the virtual reality device given to him by Zheng Li.
－－－－－－Digression－－－－－
The community was sealed off today, and people were queuing up for nucleic acid tests downstairs. . .
