Qin Feng came to Jingxinju and talked with Fang Hong for nearly an hour before leaving. At first, he came here hoping that Fang Hong would use his influence to make suggestions to his superiors, not only for Apple but also for the entire chip and semiconductor industry chain abroad. Companies charge heavy taxes.
This goal was not achieved, but Qin Feng also opened up a higher vision and a larger pattern from Fang Hong. He was no longer limited to one company and one industry, and he also understood the things involved in Xingyu Technology or the chip semiconductor industry. So wide.
At the same time, he also knew that asking Fang Hong to make suggestions at this time would bring potential risks to him and Qunxing Capital in the future.
Although he did not achieve the purpose he came for, Qin Feng left without any regrets. The sponsor's father had this awareness earlier than himself, and Xingyu Technology was also stable, and a higher level of gaming star capital They will intervene, and the sponsor’s father is very sober. This is the key point.
Then I will focus on technology, continue to increase investment, and continue to make up for shortcomings.
Qin Feng decisively adopted the strategy given by Fang Hong. Xingyu Technology's next plan will be to strategically show weakness. Apple will enter the Greater China market this year, so let Apple win a few times first.
Xingyu Technology deliberately lowered its shipment volume to slow down the subsequent growth rate of market share. This is not because Xingyu Technology's products are not competitive, but because the production capacity cannot keep up with the supply pressure, which leads to an increase in sales. slow.
Regarding this move, Qin Feng was actually worried at first. After all, instead of grabbing the incremental market, he would hand it over 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 came to him with a proposal this time. The solution to the situation was to push for heavy taxes on Apple.
As a result, the prices of Apple products will inevitably rise significantly, thereby reducing market competitiveness.
As long as the heavy tax is put aside, the price of Apple's mobile phones will inevitably be high, otherwise it will be a loss for each unit sold, and the high price will inevitably affect sales and the market share will decline, thus offsetting the current increase in market share. negative effects.
With the existence of Fang Hong in this life, he will definitely use his influence to push for heavy taxes on Apple to restrict competitors. It does not necessarily have to be heavy taxes. For example, it can be used in the name of antitrust. Anyway, as long as restrictions are imposed Just Apple’s market share in the mainland.
But this matter definitely cannot be pushed forward now. It depends on the timing, and the timing requires waiting. However, while waiting for the timing, of course you cannot just wait and do nothing. You must also actively plan and prepare.
…
Entering mid-March, it’s Wednesday, March 14th.
During this period, two major meetings were held and will end today. At the same time, the A-share market today is extremely optimistic. The market index rushed to 2476.22 points when it opened around 13:00 in the afternoon. The index rose by more than +0.8% during the day, and the market shouted for a breakthrough of 2478. At that time, the market's upward trend came to an abrupt end.
After the meeting in the morning, it failed to break through the previous high of 2478.38 in the afternoon. The stock market began to plummet like a cliff. Speculative capital took advantage of the good news during the meeting to withdraw. The index fell sharply, and the market was panicked for a while.
There was a kind of meeting for stock investors that immediately ended with an explosion of people, so shameless that they even stopped performing.
Just as the market turned sharply downward, another piece of super-heavy news came out, giving Big A a heavy blow.
"Securities News", "Cailian News" and other media quoted and reported a quick news: Xingyu Technology, the largest domestic smartphone manufacturer, plans to apply for an IPO financing listing on the Shanghai Stock Exchange Main Board, issuing approximately 29 billion new shares, accounting for 2753.55% of the company's total share capital. With a ratio of 10.53% to 100 million shares, the initial offering raised 73.7 billion yuan, the issue price was 2.54 yuan/share, and the issuance market value was 700 billion yuan.
Good guy!
When investors from all walks of life saw this news, they called him "good guy!"
This news is tantamount to a nuclear bomb for the entire A-share market, and it is of hydrogen bomb level.
Once Xingyu Technology's IPO is successful, it means breaking the record of Agricultural Bank of China, one of the four major banks, in its IPO of the year before last, and becoming the first A-share listed company in history to raise more than 70 billion in its IPO.
The pumping and siphoning effect this has on the entire market is simply unimaginable. A few years ago, the whole-day trading volume of the entire Shanghai Stock Exchange was only 30 to 40 billion yuan. My dear, Xingyu Technology did an IPO of 73.7 billion yuan?
As soon as the news came out, Big A was frightened and collapsed. The Shanghai Stock Index had already started to turn green and plummet. Now it directly staged a stampede escape situation. The reaction on the market was that the stock index time-sharing showed a waterfall of decline, and the stock index plummeted on heavy volume. Almost no resistance.
Near the end of the trading session, the Shanghai Stock Index fell by nearly 3 percentage points, the largest single-day drop since the beginning of the new year and the largest single-day drop in the past three months.
It failed to break through the previous high, but fell below the 2,400-point integer mark.
At this moment, stock investors' scalps were numb and they were talking a lot.
[What the hell, the rally in the morning was gratifying and the former high 2478 was captured in one fell swoop. Now the killing is like this? ]
[The time-sharing line is really like a waterfall flowing down three thousand feet...]
[Silly children, run! ]
[The meeting is over, the singing is over, we can only restore the true face of Boss Bear, and we won’t even act anymore, hahaha! ]
[It’s okay not to play with this big A. ]
[The main force took advantage of the good times to ship goods. Unexpectedly, Xingyu Technology released a hydrogen bomb at this time. The power was "73.7 billion", which instantly destroyed the big A and also stunned the main force of shipment. The main force was cursing and yelling, "I haven't finished shipping yet."
So I estimate that after this adjustment is over, there will definitely be a rebound, because the main force is too big and cannot get out so quickly. It will definitely rise later. It depends on where the market outlook adjusts to and when it will rise. As for this negative line with heavy volume, don’t expect it to have a market in the near future. In the short term, we will see an adjustment, in the medium term, we will see a rebound, and in the long term, you don’t know. ]
[Good analysis, but useless at all. ]
[Ward, is this crazy? 73.7 billion yuan raised in initial offering? The valuation was given to 700 billion? Are you really not going to give any premium to the secondary market? ]
[Super Big Mac, 700 billion has just started, a trillion market value is not a dream... (Erha.jpg)]
[If this fund-raising is successful, it will set a new record for Big A’s initial fund-raising. ]
[The rhythm of the blood of stock investors is about to be drained...]
[The issue price of 2.54 yuan, the amount of funds raised of more than 70 billion, and the total share capital of more than 270 billion shares, those who don’t know may think that a small and micro tobacco enterprise is about to go public. ]
[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, there will be no real high-tech companies. ]
[The mood is quite complicated. I want to scold the public for being so bloodthirsty. But Xingyu Technology is indeed one of the few world-class technology giants in China that can do it. I believe that raising funds is not to make money, but to really develop the company. This is different from those who just want to make money. Know that there is an essential difference between garbage companies that make money...]
…
As of the close, the Shanghai and Shenzhen stock markets closed down across the board, and the decline was heavy. The Shanghai Composite Index fell -2.63%, closing at 2,391.23 points, falling below the 2,400-point mark; the Shenzhen Component Index fell -3.19%, closing at 10,094.89 points, barely holding on to 10,000 points. mark.
The total transaction volume of the two cities was 325 billion yuan, which was a record high in the recent past.
Now the market's plummeting has been blamed on Xingyu Technology. When the IPO news was released, it was just a piece of news. Big A was frightened and collapsed, and the stockholders were also frightened to the point of numbness.
This company is indeed a good company, but the scale of fundraising is too ruthless.
…
