Chapter 454 [Foreign capital withdraws to fight duo duo]
The opening limit of An's shares caused a major blow to the bullish sentiment in the entire market. The index jumped short and opened lower. After the opening, it plummeted all the way without even a pulse-like upward movement, and it was impossible to close.
The three major indexes collectively weakened, and almost all industry sectors fell today. Only the cement and building materials sector turned red.
The Shanghai Stock Exchange Index closed down again -2% today, and even fell more than -3.4% during the session, closing at 2,768 points, failing to hold the 2,800 point mark. The Shenzhen Stock Exchange Index fell -2.5%, closing at 8,780 points, and the ChiNext Index
It fell sharply -2.06% to close at 1510 points, and once broke through the 1500 point mark during the session.
"Big A has another shark-crazy day today."
"This is the result of being admitted to the ICU the day before yesterday and dancing in a disco and KTV the next day. No, a few days after that, I ended up in the ICU again."
"No more talking, I'm going to the ICU to accompany the old man anyway."
"Big A, are you making trouble?"
"What is the role of the stock market? Multiple-choice questions, 1. Everyone is cutting leeks from each other, 2. Value investing, 3. Financing and developing companies, 4. If you are bored, come and try."
"You will die if you try..."
"Clear out warehouses, what should you do? Not coming to Big A is the right thing to do. If you still don't understand, you can continue. ZC City will never surpass Laomei!"
"too difficult……"
…
The opening of August was miserable, with continuous plunges. Investors said that this trend was simply too scary. Even though the mid-year meeting had just been held the day before, there were still calls for a "rebound", but the market fell sharply for two days in a row.
It is worth mentioning that the previous mid-year meeting's judgment on the economy has changed from "stable and improving" to "stable and changing". For the first time, the term "six stability" was proposed, that is, stabilizing employment and stabilizing finance.
, stabilizing foreign trade, stabilizing investment, and stabilizing expectations show the importance of maintaining overall economic and social stability.
Before August, everyone was saying that this was ZC’s tone that gave reassurance to the capital market. Big A was about to usher in a new round of rebound. However, two days before August opened, the market had already plummeted in just a few minutes. The day before yesterday, there was another
Many stock gods and big Vs analyzed that the ZC tone of the mid-year meeting will become a life-saving straw for big A...
On the contrary, An's shares have received a lot of anger this time. The investors have been cursing An's shares for continuously falling to the limit and causing the collapse of Big A. Many people also scolded Lu Ming for not coming to help in times of trouble, and adding fuel to the fire.
Oil.
Not everyone is a fanatical believer in Brother Yi.
Many people even criticized Lu Ming for not entering the market to do long positions despite having a huge amount of 1.8 trillion in liquid cash. He obviously had the ability to bring the market up but just stayed away from the market.
Frankly speaking, if Lu Ming is given another 1 trillion, he may not be able to improve the market. He doesn't even look at the more than 4,000 stocks in Big A. How can he really go in and give money?
Regarding these remarks, the translation is: Why don't you, Lu Ming, come to take over the deal if you have so much money?
Lu Ming also laughed it off after seeing it.
However, for the flash crash of Big A in the past two days, many stock investors blamed the crash-like drop of Anshi shares. This has obviously become an outlet for the scapegoat. Just the drop of the limit of Anshi shares will not cause the market to fall.
The Shanghai Stock Exchange Index has reached a level of -3.4%, not to mention driving the market from around 2900 to below 2700.
The real reason is that the strong economic growth in the second quarter of the beautiful country on the other side of the ocean will support the Federal Reserve to continue to gradually raise interest rates. The top leaders of the United States are now exchanging blows with the top leaders of the Federal Reserve over the issue of raising interest rates.
This year, the Federal Reserve has raised interest rates in March and June respectively. According to the Federal Reserve interest rate federal funds futures that month, it was determined that interest rates would be raised by 25 basis points in September and December respectively. This has caused the exchange rates of emerging markets to continue to be under pressure, and the capital market has already
Responded in advance.
In addition, the bilateral trade war has not yet come to fruition, and subsequent uncertainties remain. The escalation of the bilateral trade war will cause companies to lose their gravity and have a greater impact on the real economy. This matter focuses on
The important time point is late August, when some funds in the market chose to avoid the risk of uncertainty and temporarily left the market.
The trend of the foreign exchange market in recent years is the most intuitive reflection. Just today, the offshore exchange rate of the RMB rose sharply by +0.86% to 6.88255. It has depreciated from the lowest point of 6.2352 in March this year to 6.88255, which has depreciated by as much as 10.382%.
.
Ten percentage points is a daily limit for a stock, but for a currency, this is a very large fluctuation, and it also reflects the market's uneasiness and worry.
…
Afternoon, Tiansheng Capital President’s Office.
"Chairman, there is good news. Sequoia Capital announced the transfer of its equity interests in Pinduoduo. The main transferees are Wanxiang Group and Gaorong Capital." Assistant Han Qiulin went to Lu Ming's office to report the matter.
.
"So fast?"
Lu Ming was quite surprised when he heard the news and took the materials handed over by Han Qiulin.
It was originally estimated that it would take a year and a half to force the foreign capital away. Unexpectedly, Sequoia Capital and other foreign capital withdrew so quickly. Clearing out the foreign capital means that Pinduoduo has taken another step forward in the process of landing on the Science and Technology Innovation Board in the future.
.
Since the last conversation with Mr. Huang, the other party has also strengthened his determination to be listed in Big A, and has spent a lot of energy on this matter during this period.
Han Qiulin stood in front of Lu Ming and hugged her slender hands and said: "However, the current public opinion circle is not very friendly to Pinduoduo. Many voices are saying that a large number of entities cannot survive and will become the Internet, which will have a huge impact on employment. In the end, the economy will still be
We need to return to the real thing, so fighting Duoduo will not make a difference."
Lu Ming, who was looking at the material, laughed on the spot with a hehe expression when he heard this, and said without raising his head: "This kind of sound is either stupid or bad. What I heard between the lines is that offline physical stores are linked to the real economy.
"It is extremely superficial. Don't equate offline physical stores with the real economy. The real economy mainly refers to production and manufacturing. Offline physical stores are just circulation channels for product consumption. They are essentially the same as online sales channels."
Obviously, this kind of noise is either spread by people with malicious intentions, or it is the owners of physical stores whose interests are directly affected.
Lu Ming closed the material and glanced at Han Qiulin and continued: "They are just sales channels. Both online and offline circulation channels have their own advantages and disadvantages. The biggest advantage of online is its wide coverage and rapid information change; while offline
The advantage is that it is easy to experience. The main problem of offline physical stores is that high real estate prices lead to high costs, which leads to a decline in competitiveness. Of course, another reason is that public income has not increased much."
"As for the so-called impact on employment, it is even more nonsense. The establishment, maintenance and operation of Internet platforms have provided a large number of high-end jobs. Otherwise, where would the millions of fresh graduates exported to the society every year go? Especially the top students here, could it be
Let them work as salespeople for physical store owners? Only people in offline physical stores will lose their jobs.”
"Moreover, manufacturing companies can also expand their influence through the Internet, making their products better known to consumers, thereby promoting consumption, so it is also beneficial to the circulation of goods. If there is any disadvantage, the competition for similar goods will become more intense and the production will be better."
Enterprises with high-quality products will expand rapidly, and enterprises without competitiveness will be eliminated even faster."
"But it's not all bad. The real profit losses are those physical stores. In the past, they mainly relied on wholesale from manufacturing companies at low prices, and then sold them to the final consumer customers at a higher price, making profit from the price difference. Obviously this
The road will be deadlocked in the future, or at least not easy, so we can only change careers and re-employ flexibly, which will provide a labor force for social production."
"The Internet has played a major role in liberating the development of productivity. This contribution cannot be ignored. It is also the reason for the recent social prosperity. In such an environment, the prosperity of anchors bringing goods will be spawned in the future, because the involution due to overcapacity will
"Traffic is King" has been pushed to its peak, and Internet celebrity anchors have huge traffic monetization capabilities. Don't be surprised if there will be Internet celebrity anchors worth tens of millions or more next year. The soaring of their worth and status is due to overcapacity.
