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Chapter 648 [Capital market polarity reversal]

Chen Yu couldn't help but ask further: "How high will Bitcoin be?"

This is a way of gathering the big boss's wool, but there are insider information channels, so don't give up for nothing, and Chen Yu is not a fool.

Hearing this, Fang Hong said with a smile: "You're welcome, I'll see $50 if the price drops, but in the second half of the year it's expected to break through to a record high, and Star Capital will let Merrill Lynch do the work..."

If nothing else happens, around October this year, European countries will introduce Bitcoin-related policies, and there will definitely be a crazy bull market. This round of market prices will rush up from US$2 last year, and it is expected to be about 450 times to 500 times.

of increase.

Chen Yu was also surprised when he heard this, and then nodded: "I understand."

After a while, Fang Hong stood up and said, "I'm going to talk to Qin Feng this afternoon. Please prepare to take over."

Chen Yu said concisely and to the point: "I understand."



afternoon.

Fang Hong went to the Xingyu Technology headquarters and talked with Qin Feng about SOCL.

At this moment, Qin Feng looked at Fang Hong, who was sitting opposite him, and couldn't help but smile: "Chen Yu, I wanted to recruit him, but I didn't expect that he was eyeing my SOCL and wanted my ecosystem to support him.

, something.”

Fang Hong also smiled and said: "Not only are there things, there are quite a lot of them."

At this time, Qin Feng asked curiously: "Is his trading model really that powerful?"

Fang Hong nodded and said: "In four months this year, the dozen or so funds under him have already earned 20 billion yuan."

When Qin Feng heard this, he couldn't help but said: "Good guy, I'm afraid you are the only one who can suppress him."

Fang Hong said: "Compared to his investment and trading capabilities, I am more optimistic about her achievements in the field of artificial intelligence and GPU."

Qin Feng said in a deep voice: "Chen Yu did point out the pain points of SOCL. At least I can't find a point to refute it now. Since you also agree with the integration, then split it up and give it to him, which can also reduce the burden on Xingyu Technology

It might be a good thing to have someone share the expense burden and technology development burden."

As soon as Fang Hong came forward, the matter was settled smoothly. Although Xingyu Technology has nothing to do with quantitative capital, let alone any direct business dealings, it can be said that they are completely out of reach.

But the two companies have a common boss, which is the biggest intersection. Xingyu Technology does not have to worry about quantitative capital not providing technical support when the time comes.

Fang Hongyan said succinctly and comprehensively: "Xingyu Technology should directly package the SOCL and price it to invest in Quantitative Capital."

Qin Feng nodded: "No problem."

After finalizing these matters, Fang Hong did not stay long and left Xingyu Technology.



After returning to Jingxinju Villa, as Tian Jiayi returned, Fang Hong also ordered the three graphics card manufacturers invested by Qunxing Capital to merge directly and then package them into Quantitative Capital.

Aim to complete the integration within the next three months.

It is worth mentioning that the A-share market closed today. The quantitative capital that rebounded yesterday fell to the limit today. The stock price closed at 17.32 yuan, with a full-day turnover of 1.198 billion yuan and the company's total market value of 16.748 billion yuan.

The next three days are the Qingming Festival holiday, and the A-share market will be closed for two days until it opens on Monday, April 8.

Chen Yu acted quickly. On the weekend of April 7, Quantitative Capital released an announcement announcing that the company had launched a new business and entered the field of information technology. The new business was the research and development and manufacturing of display chips and motherboard chips.

As soon as the news came out, investors were dumbfounded.

According to Quantitative Capital’s statement in the announcement, the company’s move is to build a two-wheel drive business model of “venture capital and industry”.

But investors don’t buy it, and the comment section of Quantitative Capital’s stock forum is also discussing this matter.

[Isn’t Chen Yu out of his mind? Do you think he is Qin Feng?]

[The crossover is so big that Qin Feng won’t be able to play with it even if he comes.]

[I really don’t understand what he is thinking.]

[What kind of situation are graphics card manufacturers in? Besides, can you beat those international manufacturers? Besides, what profits can those bad gamers make...]

[Gamer: First of all, I didn’t mess with any of you.]

[No, it seems like anyone can make a chip. Isn’t this going to give it away?]

[It still hasn’t issued an annual report, so it really doesn’t deserve to be labeled with the concept of “Stars”.]

[What are these messy concepts? Investment and management, electronic equipment manufacturing, electronic device manufacturing, water purification, even medical equipment, and a display chip...]

[This concept is outrageous, it’s all useless, it’s all nonsense...]

[I feel like this is the worst company in the galaxy.]

[Be confident and get rid of the feeling.]

[It is estimated that the annual report is ugly and there may be a major thunderstorm, otherwise it would not have been delayed until now.]



Regarding Quantitative Capital's announcement to enter display chips, retail investors basically did not buy it, and believed that Chen Yu was not doing his job properly.

Forget about making chips, let’s go and make display chips that are extremely rolly.

This news also caused the stock price of Quantitative Capital to collapse. The A-share market opened after the holiday the next day. Quantitative Capital, which had already dropped to the limit before the holiday, went straight out of the one-word limit of shrinkage. The stock price fell to 15.59 yuan/share, and the market value shrank to 21.795 billion.

Yuan.

The next day, Quantitative Capital continued to hit the limit. It once reached a high of 6.24% during the session, but finally fell to the limit. The stock price fell to 14.03 yuan, and a trading volume of 1.923 billion was released throughout the day.

On Wednesday, April 10, Quantitative Capital opened low and fell to the limit again, the stock price fell to 12.63 yuan, and the market value shrank to 17.656 billion yuan.

Since the price peaked at 22.54 yuan and started to fall sharply, the cumulative decline of quantitative capital has reached -43.96%. It seems that the leading series is not as good as the dog series. Looking at this trend, it feels like being abandoned by funds.

The comment section of the stock forum also criticized Chen Yu in various ways.

In the evening, Quantitative Capital disclosed the news that the company will disclose its annual report on April 11, which is tomorrow.

This chapter is not over yet, please click on the next page to continue reading the exciting content! Now the vast majority of voices are selling this stock short, and it is a dead end to cross the border to play with graphics cards.

The next day, Quantitative Capital once again jumped short and opened lower. About 20 minutes after the opening, the stock price fell to 11.37 yuan, hitting the lower limit, breaking the recent five-day limit, and the market value shrank to 15.895 billion yuan.

After falling from the high of 22.54 yuan, the cumulative decline reached -49.55%, which is no different from cutting in half.

From the historical high of 46.85 yuan on the first day of resumption of trading to the latest current price, the cumulative decline has reached -75.73%. The historical high has been considered by investors to be a super universe top.

As time went by, until the market closed in the morning, Quantitative Capital's stock price was still at the lower limit.

At around 12 noon, Quantitative Capital disclosed its 2012 financial report.

Financial report data shows that the company's revenue last year was 7.589 billion yuan, operating expenses were 6.457 billion yuan, and net profit was 1.067 billion yuan.

The data in this annual report were revealed, and investors were not calm.

Significantly exceeded the expectations of analysts!

Net profit exceeds 1 billion, which is very rare in the A-share market. The key is that revenue exceeds 7.5 billion.

As soon as the annual report data came out, Quantitative Capital's static price-to-earnings ratio dropped from 37 times to 14.89 times.

During the market break at noon, a large amount of funds had begun to place orders in advance to rush for funds. At the same time, there were also many people who had placed orders on the lower limit board and queued up to cancel orders, and silently said that they would not be able to complete the transaction after opening the chips in the afternoon.

At 13:00, as soon as the market opened in the afternoon, the closing funds on Quantitative Capital's lower limit board disappeared in seconds, and the lower limit board was easily pried open, and the stock price went straight up.

At this moment, all kinds of funds in the quantitative capital market are frantically rushing to raise funds, and the stock price is soaring all the way.

In less than twenty seconds, the stock price reached 13.89 yuan, a price increase of 9.98%, sealing the daily limit, and the market value rose to 19.418 billion yuan.

Two minutes later, major market software pushed messages:

[Quantitative Capital was on the scene in the afternoon, with current turnover exceeding 1.2 billion. The stock’s annual report disclosed that revenue in 2012 was 7.589 billion and net profit was 1.067 billion.]

It didn’t take long for it to reach the top spot on the stock popularity list of the two cities today, and the style of the comments section of the stock forum also reversed.

[Cut on the floor again, Mad!]

[Directly weak to strong?]

[It’s so hard to play, it’s really hard, so hard. Why am I not part of the rise? When I was beaten, no one fell behind.]

[I didn’t expect it, I really didn’t expect it. I thought the annual report results were so impressive, but the results were so beautiful.]

[Mr. Chen, I’m sorry!]

[Earning 7.5 billion, the net profit is also 1 billion.]

[Mr. Chen still has something.]

[Too bad, now it’s Mr. Chen who is still scolding me in the morning.]

[Ha ha……]

[Damn it, I didn’t buy it!]

[If it reaches the daily limit tomorrow, the stock price must realize its performance, and it will not be sold until it doubles!]



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