The next day, Wednesday, June 12, the news continued to spread further, and the headlines of all major media outlets were filled with relevant news.
And just today, the transaction price of STAR4 in the second-hand market has skyrocketed. There are actually more people queuing up at major offline flagship stores than on the first day of sale, and the inventory in online sales channels has been wiped out.
The price of a STAR4 mobile phone with 256GB body memory has skyrocketed to 20,000 yuan. This is all because of the crazy rumors that STAR4 will be the last song and one less one will be sold. Scalpers are now taking the opportunity to speculate.
At the same time, Xingyu Technology's supply volume has also been significantly reduced. It has sold 10 million units, but today it has been directly reduced to only supplying 50,000 to 70,000 units to the market every day.
The production capacity of STAR4 mobile phones this year is not much, with a total production capacity of about 33 million units allocated. Although there are 100 million S680 chips in stock, one will be lost if one is used, and all of them cannot be used on STAR4.
The remaining chip inventory is reserved for the future STAR4-Plus enhanced version and STAR4-Pro professional version. The Plus enhanced version will be launched in 2014, and the Pro professional version will be launched in 2015, ensuring that the company can still have products around 2015. , and can also be active in consumers' vision.
Fortunately, the S680 mobile processor chip is currently the most advanced in the world. With the optimization of other modules and software upgrades, the S680 chip can still be used until 2015.
But after 2015, the chip generation gap under Moore's Law will be difficult to make up for elsewhere, and it will be difficult to catch up no matter how optimized the software level is.
However, this sudden incident has shocked many mainland friends and business colleagues, and secretly they are also ecstatic. Most of the so-called business partners are so big, and what they are thinking about now is that Xingyu Technology will collapse quickly.
Wouldn’t it be my share of the vacated market?
At the same time, people inside Xingyu Technology are now panicking. Everyone is worried about whether the company will face a wave of layoffs in the future. Friends and colleagues have also thought of this, and many of them have even taken action to prepare to poach employees. .
However, at about 17:00 that afternoon, Qin Feng held an internal meeting and reassured all employees that the company would not only not lay off employees, but also expand staff and speed up efforts to overcome stuck technical links.
The leader personally spoke, which reassured everyone a lot.
At the same time, the emergence of this emergency has also triggered an unprecedented domestic discussion on the chip semiconductor industry and technological independence.
Fang Hong is also paying attention to the progress of public opinion. The development of things is within the scope of his expectations. This will allow some internal people to recognize the situation clearly and give up their illusions, so that they can regroup and truly embark on the road of technological independence.
Abandon the so-called thinking that it is better to buy sooner than rent, speed up the establishment of large funds, leave it to Qunxing Capital, and make every effort to conquer the entire domestic semiconductor industry chain.
This emergency will be painful in the short term, but it will be a good thing in the long term.
However, the current capital market is in a polar reversal. People who hold Xingyu Technology, especially those who bought before the holiday, are now panicking. They have turned from being highly optimistic to being extremely bearish.
…
The next day, Thursday, June 13th.
The A-share market opened on the first trading day after the holiday. Xingyu Technology, which had been trading at the daily limit before the holiday, fell to the limit today. The stock price fell to 4.42 yuan, and the market value dropped to 1,217.069 billion. A lower limit evaporated about 135 billion in market value.
After the collective bidding results came out at 9:25, the comment section of the Xingyu Technology Stock Bar was filled with howls.
[Speechless, just drop to the limit. ]
[The price limit was exceeded before the holiday, and I almost escaped death. It was so exciting...]
[If you encounter such a black swan event, you can only admit that you are unlucky. ]
[Sure enough, it is a one-way limit, but it is a one-way limit. ]
[It was a blessing in disguise. It was a pity that I didn’t take part in the pre-holiday shoot. I didn’t expect it to save a life. ]
[Beautiful country is as shameless as ever, using clumsy tricks if it can’t compete technically. ]
[Thinking about it conversely, this just proves the power of Xingyu Technology. ]
[I think it is impossible for Xingyu Technology to cut off the supply of one chip and then collapse. ]
[It’s hard to say in the future, but it’s definitely bearish in the short term. ]
…
Today, the market index also gapped downward and opened lower by -0.94%, and the call auction broke through the 2200-point mark. The bad news about the Dragon Boat Festival is not just the black swan incident of Xingyu Technology.
With the market index falling for seven consecutive years before the Dragon Boat Festival, today's first trading day after the holiday failed to bring a breather to the market, with both Shanghai and Shenzhen stock markets opening lower.
At the opening of trading at 9:30, the two cities staged a cliff-like plunge, falling directly below the annual line and then falling all the way. The intraday decline expanded to -3.78%, and the index dropped to 2126 points, a new low for the year.
A big sun stream poured down, and the two cities were filled with mourning.
Not only did Xingyu Technology drop its limit today, Quantitative Capital, which had previously been the popular leader in the two cities, shrunk its limit and went out of the three-day limit today. The stock price fell to 41.27 yuan, from a historical high to today's price. The cumulative decline has been More than -44%, the market value shrank to 57.695 billion yuan.
Other galaxy concept stocks also fell by more than 5 percentage points today. However, today's market trend is dominated by one sell-off, and other stocks are not much better.
The daily limit drop of Xingyu Technology also caused the collapse of Xingyu Technology supply chain stocks such as Goertek and Lexun Precision.
…
The next Friday, the market index did not continue to fall and entered a weak rebound.
Xingyu Technology did not drop the limit again today, but opened -3.62% lower at the opening price of 4.26 yuan. After the opening, it dropped to the price of 4.14 yuan, and the decline expanded to -6.33%. However, it then fluctuated and rose, finally at It turned red in the afternoon and closed up +0.68%. The stock price closed at 4.45 yuan, and the trading volume also exceeded 5.2 billion, ranking first among the two cities.
The most popular one today is undoubtedly Quantitative Capital. After the three-day limit-down, the stock hit the daily limit strongly today.
After the weekend weekend, on Monday, June 17, the market index was weak and volatile, and Xingyu Technology seemed to have stabilized. Quantitative capital went out of the second board market today, and the stock price rebounded to 49.94 yuan, and the market value rose to 69.8 billion.
The current market situation cannot lead to a new popularity leader. Quantitative capital is still the overall leader. Coupled with the high volatility, equity has long been activated, and funds have come here to rebound from oversold conditions.
However, in the next middle and late months of this month, the A-share market only stabilized for three days and then fell again. The continued negative news in the financial sector, the intensification of the market's money shortage, and the further rumors of Xingyu Technology's continued suppression of the beautiful country, led to the A-share market. The stock market went into overdrive.
On Thursday, June 20, the Shanghai Stock Exchange Index fell below the 2,100-point mark, plummeting -2.77% that day, and closed at 2,084.02 points after the market closed, setting a new low for the year.
Yesterday, Xingyu Technology broke the limit with a big negative line. Today it broke the limit again with two big negative lines that hit the limit. Xingyu Technology's stock price fell to 3.54 yuan, with a market value of 974.7 billion, falling below 10,000 yuan again. Billion market capitalization mark.
Quantitative capital also hit a lower limit, and the entire market was falling.
The next day, Friday, June 21, the market index opened lower again and hit a new low for the year.
Xingyu Technology once went beyond the three-day limit today. It pried off the limit in late trading and finally closed down -6.50%. The stock price closed at 3.31 yuan. The trading volume throughout the day further shrank to 22.44 yuan, and the market value shrank to 911.4 billion yuan.
It has fallen sharply from the highest point of 4.91 yuan, and the cumulative maximum decline has exceeded -35%. There is still a lot of funds to buy the bottom.
Quantitative capital hit its second daily limit today, and the stock price also hit a new low, hitting a price of 39.91 yuan. The day's turnover was 592 million yuan, and the market value shrank to 55.7 billion yuan. The cumulative decline exceeded -47%. Basically, it was again. A cut-in-half situation.
…
On the weekend, the news is again negative.
On Monday, June 24, Xingye Bank fell to the limit. The big plunge in the banking sector drove the two cities to plunge across the board. The market index showed a unilateral trend of explosive growth. The A-share cities and the two cities were wailing, and a super long negative line in the Shanghai stock index penetrated the market. After reaching the critical psychological integer mark of 2000 points, he broke through in one fell swoop with almost no resistance.
After the close, the Shanghai Stock Index plummeted -5.30% to close at 1963.23 points.
In terms of individual stocks, Quantitative Capital's triple limit fell, with the stock price falling to 35.92 yuan. Xingyu Technology hit the limit again, with the stock price falling to 2.98 yuan. The other four galaxy concept stocks such as Yixing Video and Jiuzhou Blue Arrow also did nothing. After hitting the limit, the remaining declines are all around 7 percentage points.
The entire market is showing an irrational sell-off situation. No matter what the ticket is, there is only one word: down!
…
(End of chapter)
