Looking at the 2003 Hurun Rich List that was refreshed on the web page, Chen Qiaoshan could only sigh in his heart that the timing was so coincidental.

The Rich List was released for the first time since 1999, and this year has been the fifth year.

The list has grown from the beginning to the public attention of the public since its lack of interest. Every time the list is released, it will cause a gust of storm.

This list was called Forbes Rich List in the past few years, and was released by Hurun and Forbes magazine. However, this year Forbes announced that he would go alone, so Hurun released the list in his personal name.

Speaking of which, Hurun’s rich list has some relationship with Peking University. After Hurun was abandoned by Forbes Magazine, he had contact with Zhang Weiying from Peking University. The latter Chen Qiaoshan met, and he was Vice President Zhang during the professional interview.

Chen Qiaoshan looked at the list on the computer screen and was also a little curious.

This year, the richest man in China is NetEase's Ding Lei, who is worth 7.5 billion.

Chen Qiaoshan knew that this valuation was outdated, because after NetEase's third-quarter financial report was released, the stock price of Nasdaq NetEase soared, and Ding Lei's personal net worth was close to 10 billion yuan.

NetEase’s profits are now supported by providing news and information, and SMS services account for the majority of the profits.

In 2003, the mobile network was still in its original stage. If mobile phone users want to obtain information in a timely manner, they need to activate SMS information customization services.

Every time mobile phone users download information or games from the portal through SMS services, they have to pay a considerable fee. At present, this user group is astronomical, and major portals have also taken the opportunity to make a fortune.

Chen Qiaoshan knew that it was the SMS customization service that caused NetEase to lose one million US dollars in the whole year in 2002 to accumulate revenue of over 20 million US dollars in the third quarter of this year.

NetEase's stock price has also soared from less than one dollar last year to $36 today, up nearly fifty times.

Chen Qiaoshan was at home during the summer vacation and also activated the news service when buying a mobile phone, but he was forced to turn it off within two days.

The information pushed by websites through text messages is very messy. There is no supervision in this era, and there are many messy things mixed in.

Chen Qiaoshan didn't notice it at first, but was seen by Chen Weiguo, so the ending was naturally conceivable.

He almost got beaten up for this matter. Chen's mother grabbed his ear and whispered for several days before finally letting him go.

Chen Qiaoshan was a mute and had no place to reason. He knew that he was in the wrong and immediately shut down his business. Fortunately, several sisters didn't know, and he felt a little depressed.

Nowadays, information is underdeveloped, and the way to obtain information is too single, and it can only be achieved through TV and radio. Computers are not accessible to ordinary people. No wonder the number of customized text messages users soared.

Chen Qiaoshan has a sense of urgency. The country is a rapidly expanding emerging market, and the demand for the Internet will become increasingly greater in the future.

At no later than one year, the new Internet era of web2.0 will take shape. Now is the last time to land on the beach, and it must raise enough start-up capital during this period.

This is not a small amount of money. In 2003, for Chen Qiaoshan, who has come from later generations, although there are opportunities to make money everywhere, it is a dream to get a huge sum of millions in a short period of time.

Chen Qiaoshan knew that stock market speculation was the only reliable way, but it was very difficult and had great risks. Fortunately, there was no possibility of success at all, and the Delong system was the biggest obstacle before him.

This Hurun Rich List is undoubtedly another huge benefit for the Delong Group.

Tang Wanxin is not ranked high in this year's rich rankings, and is ranked 25th, which has little impact.

The key is that Hurun is unique this year and has released the top 50 capital control list. The Delong Group was ranked first on the list and became the leader of domestic real private enterprises, which will undoubtedly greatly strengthen the confidence of investors.

It can be imagined that the stock market opened on the 8th and stimulated by many positive factors, the stock price of the Delong Group will definitely soar.

Chen Qiaoshan saw many problems from the list. The P/E ratio of listed companies under the Delong Group is generally too high, with the highest being 640 times. None of the P/E ratios of all stocks under the Group are within the safety line.

Moreover, the turnover rate of Delong's stocks is extremely low. Although Hurun counts from June to September, the data from these three months are also very telling.

In the stock market, the trading volume of stocks will not lie. As the saying goes, the sky-high price, the land price, buy at a low level and increase in volume, and sell at a high level and not increase in volume.

Based on this standard, the three Delong stocks are undoubtedly in an extremely dangerous situation. Unfortunately, most investors cannot see the situation clearly and are confused by the bright future portrayed by Tang Wanxin.

Chen Qiaoshan was very helpless. Tang Wanxin's technique was not very clever, just like those scammers who made concepts in later generations.

Domestic investors just take this trick. They don’t care about the real performance of the company. Instead, they have a special liking for concept speculation. They just want to make a fortune from it and then leave.

Sadly, most investors were fooled into entering the market, and as a result, the dealer who took over the market was trapped, and there were countless real cases.

Chen Qiaoshan’s feelings about these small and medium-sized stock investors are very complicated. Now these are the people who scold him the most. He finally understands Mr. Lu Xun’s mood back then, mourning his misfortune and angering his not to fight.

Chen Qiaoshan has now understood that there is no reason in front of capital. This is not a place to talk about emotions. He is not going to interfere in retail investors anymore. It is very dangerous to do that and it is not worth the loss.

On the morning of the 7th, just after breakfast, Chen Qiaoshan's phone rang. He picked it up and found that it was called by counselor Zhou Sheng, so he quickly picked it up.

"Hey, Teacher Zhou?"

Zhou Sheng's voice came from the other end of the phone: "It's Chen Qiaoshan, are you in school?"

Chen Qiaoshan had some questions. He didn't know what the counselor was looking for him now, so he asked: "Teacher Zhou, I haven't returned to school yet. Is there anything you need to ask me for?"

"That's right, the yard is looking for you, when will you come back?"

Chen Qiaoshan was prepared for a long time. He thought for a while and said, "I can only arrive at school in the evening. Teacher Zhou, can you ask me what I have to do?"

The other end of the phone was obviously silent. After waiting for a while, a obviously low voice came from the microphone: "It's Vice President Zhang of the College who is looking for you."

Chen Qiaoshan was stunned, and he pretended to be curious and asked, "Teacher Zhou, I don't know anything about Dean Zhang!"

Zhou Sheng on the other end of the phone felt a headache. He was in Dean Zhang's office just now. From Dean Zhang's mouth, he heard that Chen Qiaoshan was the Peking University Qiaoshan who was stirring up the wind and rain online. At first, he was surprised, but after he was surprised, he was full of lawsuits.

Zhou Sheng had long felt that Chen Qiaoshan was not worry-free, but he didn't expect such a big mess to happen.

He was both surprised and secretly admired, and was also a little worried by the way. After all, Chen Qiaoshan is his student. Who knows if there is any problem?

Hearing Chen Qiaoshan’s question, Zhou Sheng organized the language in his heart and said concisely: “I don’t hide it from you. The hospital knows that you are Qiaoshan of Peking University. President Zhang asks you to find out the situation, so don’t have any burden.”

Chen Qiaoshan thought that this was true. He had expected the college to look for him, but he didn't know what the college would be.

After hanging up the phone, Yan Xiaoqin asked, "Since the school is looking for you, we can go back now, why don't we go back in the evening?"

"It's still a holiday today. Are we going back now not burdening the teacher, right?"

Yan Xiaoqin rolled her eyes angrily when she heard this, and ignored his nonsense.

Chen Qiaoshan never told her about Delong. Yan Xiaoqin was not interested in financial news and always thought that he was concerned about stock market information, so she still didn't know about the Internet.

During lunch, Yuan Jing and Wang Lin both came, and they sent the money they had invested.

Wang Lin looked very solemn, Chen Qiaoshan felt a little moved. He knew in his heart that this money was not a small number for her. Fortunately, he was 100% sure, otherwise he would not dare to accept the money.

Sun Guangming was there too, but he didn't take out his money.

Chen Qiaoshan asked, "Fatty, where is yours?"

"It's afternoon, I'll give it to you in the afternoon."

Chen Qiaoshan didn't care, but when he got the money in the afternoon, he was shocked.

"I said fat man, where did you get so much money?"

Fatty Sun had a newspaper bag, and Chen Qiaoshan opened it and looked at it. A stack of brand new hundred-dollar bills.

Sun Guangming explained: "This is 7,000 yuan. It was originally my family bought a computer for me."

Chen Qiaoshan smiled and said, "You have to think clearly that there are profits and losses in stock trading. If I really lose, I will not be responsible."

Fatty Sun said confidently: "I can't pay it. Don't I know you yet? In such a danger, you won't take Yan Xiaoqin to trade stocks. Besides, you have always been lucky. Don't you deny this?"

Chen Qiaoshan was most afraid of talking about this, so he had to put the money helplessly.

When Chen Qiaoshan rode a bicycle to carry Yan Xiaoqin away from Renmin University, he felt a little bitter.

In the original plan, this National Day should be a fermentation period for the complete collapse of the Delong system.

He was worried that the other party would be anxious and avoid the limelight. He didn't expect that the plan could not keep up with the changes, and now he became a rat crossing the street. He couldn't help but laugh and cry.

Chen Qiaoshan knew that it would be impossible to get back to school, and things must be settled as soon as possible. The longer it delayed, the more trouble it would be.
Chapter completed!