Chapter 360 The general fall of Chinese stocks
Large-scale financing, young founder team, and Sina's slander lawsuits were all hot news topics in the media during this period. For a time, Kangsheng had a bit of the model of entrepreneurship in Zhongguancun.
Things are divided into two sides. Kang Sheng’s reputation has become popular, and the side effects are quite a bit.
"It's all your fault. I don't dare to go to Guanghua for self-study." In the library, Yan Xiaoqin complained in Chen Qiaoshan's ear.
Since the news reports of NetEase Finance came out, although there was no follow-up, there was still an impact. Yan Xiaoqin has also become a celebrity at Peking University, not only in Yuanpei, but also in Guanghua.
Chen Qiaoshan was originally a legendary figure of Guanghua, and few people didn't know him. Inadvertently, Yan Xiaoqin became the boss of a startup company. The two of them had been seen by everyone for a long time. Once the news came out, Guanghua could not go anyway.
As long as the two of them appear, they can always attract various inquiry eyes. When they meet an acquaintance, they can't help but ask for a few questions. At first, it was fine. Yan Xiaoqin still had the heart to explain to others. After a long time, she couldn't be bothered, so she had to look for something else when she went to self-study.
Chen Qiaoshan was busy with the papers, and he was a little doubtful whether he had offended Professor Yan somewhere. Since the day he started writing, countless mistakes have been pointed out.
From introduction to literature review, from research methods to empirical analysis, there is a problem everywhere. In Professor Yan's words, there is nothing that can attract attention except the title of the paper written by Chen Qiaoshan.
"It's okay, the library is also good." Chen Qiaoshan said something a bit unfair. Guanghua's conditions are undoubtedly much better, while Yuan Pei is a little miserable. Now he is still an experimental class. Although students can choose majors freely, there is a little bit of a grandmother who doesn't love his uncle and doesn't love him. The study room is arranged in the dormitory building, so it is natural that boys and girls cannot get together. The two of them went to study in Guanghua. In the past, they usually had to find another place now.
Yan Xiaoqin gave him annoyed look and did not pursue the matter. She turned her head and looked at Chen Qiaoshan and asked, "How is the paper? How long has it been? Can't the final draft be finalized?"
"There is nothing." Chen Qiaoshan had a headache. He planned to do it perfectly, but after writing, he realized that it was not that true at all, and it was not easy to copy the article.
"According to Professor Yan's meaning, the articles I wrote are useless. He didn't think about it. He had written several pens. When will it be the end!"
Yan Xiaoqin laughed out loud, causing people around her to look at it. She quickly stopped her voice and complained for a while: "It's all your fault. You know that nonsense is all nonsense. Those pens are clearly broken by you, so why be so anxious? No one is urging you."
How could Chen Qiaoshan not be in a hurry? He was a poor student in his previous life and did not understand economics at all. He was just getting started in this life. He would not look at anyone when talking about economic trends. He became an amateur when doing academic research.
There is no falsehood in writing articles. Chen Qiaoshan now has a deep understanding. He used Professor Li's thesis to make a comeback, but he was unwilling to others to use him as a foil. "Why is there no one urging us? Our counselors are asking me for trouble when they see the day. If something goes wrong with the thesis, you can watch it. I must be one of the academic warnings for this semester."
"You are just taking it upon yourself. Who told you to skip classes all day?" Yan Xiaoqin was a little worried, but she didn't bother him anymore.
...
"Sister Jia!" As soon as Jia Yinan walked into the elevator, he saw Wang Lu, the editor-in-chief of the Finance Channel, greeting him with a smile on his face, very familiar.
Jia Yinan smiled and chatted with her. The two of them entered Sohu Finance at about the same time. They had had a few deals, but they had no friendship and they met indifferently. Today is an exception.
Wang Lu is from the information group. She is young and looks quite beautiful. She is very popular with her male colleagues. I heard that she has a little background. She usually doesn’t take her seriously. She always holds her when she meets her. Today is strange.
Jia Yinan smiled slightly in his heart, and he understood something.
She was in a good mood these two days. To be precise, Jia Yinan has been in a good mood for the past six months. Since she got involved with Chen Qiaoshan, her career has been going smoothly, and she has been making several major news in a row.
The Delong Group collapsed, Southern Securities misappropriated margin, stock market crash, Tunhe Red Agriculture, Kangsheng Financing, and the Nasdaq withdrawal from China. In just a few months, whenever there is a major financial incident, Sohu Finance can always be ahead.
Of course, her Jia Yinan's name is indispensable in these news.
Jia Yinan knew that this was the capital to gain a foothold, and she knew very well that these things were inseparable from Chen Qiaoshan's help. Sometimes she was thinking that this person was really not an ordinary evil person and could really make trouble.
Take this for example. Huang Guohua only revealed the news of his resignation, but Chen Qiaoshan insisted that the Americans were bearish on Chinese stocks and that Nasdaq was about to withdraw from China.
This matter is extraordinary. Jia Yinan knows the priorities and cannot be written in any news, but she was convinced by Chen Qiaoshan again.
Last year, Boss Ding, the richest man, has been unable to even reach the top ten of the rich list due to his stock price plummeting 30% in the past six months.
Not only that, the average decline of several companies listed on Nasdaq has exceeded 20% in just three months, and Shanda, which has just been listed, was called "bloody and meat-cut" by the media.
The most important thing is that the annual and quarterly reports of these companies are very impressive. Even though NetEase has a dark history of financial fraud and even reached the point of delisting, its current profits are real, and the stock price will not be cut in half.
Jia Yinan was a stunning person. She took the article to find the editor-in-chief. The editor-in-chief couldn't take any attention, so she ran to the editor-in-chief. Finally, she found the director and then posted the report.
"Nasdaq Escape from China" has a bluffing title and bold content.
The article directly points out that foreign capital is bearish on the domestic economy, and the word "capital escape" is also terrifying. As soon as the news was released, it instantly caused a sensation in the financial industry.
This is a sensitive topic. Fortunately, the argument is sufficient, which has caused reflection and discussion from the economic community. Some oppose and some support, causing considerable uproar.
Jia Yinan was very satisfied. With this momentum, the financial circle would have to have a place for her own place. After all, her articles were published in the central media, and appreciation and salary increase were expected. If she really couldn't do it in Sohu, with this qualification, it would definitely be no problem to find a high-paying job.
As soon as he entered the office area, before he could reach his workstation, the editor-in-chief Wang Kechen hurriedly came over. As soon as he saw Jia Yinan, he said anxiously: "I said Xiao Jia, Editor-in-Chief Chen and Director Fang came to find you just now, but no one answered you, what are you doing?"
Jia Yinan was a little confused, her phone was on. She just took a call and asked, "When did you come?"
Wang Kechen said, "Just just now, two or three minutes ago?"
Jia Yinan almost cursed, but when she saw Wang Kechen's appearance, she held back.
The person in front of me is a good old man, a cultured person in his forties. He has a lot of burdens at home. He is cautious and has average ability in his unit, but he has a strong and scrupulous position, and has no right to speak. He ranks at the end of several editors, and has the most basic salary and does the most technical work. If there is no accident, he will be like this in his life.
Jia Yinan said: "I was just in the elevator, don't worry, I can't delay any trouble."
"Go to the editor-in-chief's office quickly, there is still waiting to reply." After a pause, Wang Kechen instructed again: "Be humble in front of the leader, don't be afraid of losing face. You are still young, work harder."
Jia Yinan was stunned for a moment, and her impression of Wang Kechen changed a lot. It was not easy for anyone these days. In the second thought, she shook her head again, and she couldn't even take care of herself. She had no time to take care of others.
After entering the editor-in-chief's office, Jia Yinan realized that the channel editor-in-chief Chen Jie and the financial center director Fang Gang were getting together, obviously discussing something. Seeing her coming in, Chen Jie smiled and said, "Oh, our financial talent is here."
"Editor-in-chief, don't make fun of me. You must not be a talented woman, or you have good leadership." Jia Yinan has worked alone in Yanjing for many years and has experienced some experience. Now it is such a society. If you don't adapt, you will have to be eliminated.
After a pause, Jia Yinan asked with a smile: "Two leaders, I'm so anxious to come over. Is there something good to take care of me, right?"
Fang Gang couldn't help but smile and said, "Xiao Jia, you dare to think about it. If you come to you, there is a new situation to notify you."
Jia Yinan was a little surprised. The two big guys came forward in person. This matter seemed to be small. "Director Fang, what's going on? Am I still confused?"
"You can see it yourself." Chen Jie took a document and handed it over.
Jia Yinan was confused after just a look. This was a fax copy, full of foreign languages. She had just passed the fourth-level English level. After reading it for a long time, she couldn't see the reason.
In front of the two financial channel leaders, Jia Yinan felt a little embarrassed. She said embarrassedly: "My English level is limited. I have been graduating for several years. I am busy with work all day and have no time to learn financial English."
Editor-in-chief Chen Jie couldn't help but laugh and cry. He took the fax and said with a look of regret: "I said Jia Yinan, our financial and economic skills must be excellent. Now we are in line with the international community. If you are like this, how can you hand over important tasks to you in the future?"
Jia Yinan had to listen honestly, and didn't take it seriously. English communication and financial English are two different things. Professional English level 8 may not be able to translate the IMF and WB spring annual meetings.
Editor-in-Chief Chen didn't go into it. He held the fax and said, "This was sent by the board of directors of Nasdaq Market, and the sender was Simmons."
"Nasdaq CEO?" Jia Yinan blurted out.
Director Fang laughed and said, "Xiao Jia's English level is not good, but his financial knowledge is already in line with international standards. No wonder he has been able to dig out several big news in the past six months."
Jia Yinan felt a little guilty. She also listened to Chen Qiaoshan’s suggestion and then went to learn about the details of Nasdaq. Unexpectedly, it came in handy now. She asked: “Editor Chen, what did you write on the fax?”
Chen Jie said: "This is a statement saying that Huang Guohua is resigning normally, and it also denied that Nasdaq will withdraw from the domestic market."
Jia Yinan was stunned. What's going on? Did Chen Qiaoshan make a mistake in his judgment? But in just a moment, she woke up again. There was something strange here, one editor-in-chief and the other director, without any worries. There must be something else here.
Jia Yinan asked directly: "Do you have any other news, two bosses?"
Fang Gang smiled and said, "Yes, your insight is quite strong, no wonder you can grasp the news points."
Editor-in-Chief Chen did not joke anymore, "This statement is very interesting. On the one hand, it emphasizes that it will not withdraw from the domestic market, but on the other hand, it will lay off domestic offices. The fax said that Nasdaq will select new managers to be responsible for Asian affairs and the office is located in New York."
Jia Yinan's face was very exciting, and everything was hit by Chen Qiaoshan's information.
Chen Jie glanced at her and asked, "Xiao Jia, tell me, what do you think now?"
"Nasdaq is ready to withdraw from the domestic market."
Both the heads of the financial channel were stunned. General Fang asked, "Why are you so sure?"
Jia Yinan said: "The Chinese region was revoked, but the newly built Asian region, which itself can illustrate many problems."
"Also, Nasdaq's offices in Japan and India have not been revoked. In the hearts of the United States, the Chinese market is not even as good as India. Isn't this obvious? I am bearish on the Chinese economy."
Editor-in-Chief Li held the fax and his voice suddenly became serious: "Xiao Jia, you have a strong news sensitivity. Director Fang and I have discussed it and are going to make a special topic. You will implement it. What do you think?"
Jia Yinan immediately realized that this was really a surprise. She immediately said: "Please ensure that the task is completed."
...
On the evening of June 5, Sohu Finance took the lead in publishing news, revealing that Nasdaq was about to sack the China Representative Office, and the two cities were in an uproar.
Monday, June 7.
The Shanghai and Shenzhen stock markets plunged at the opening, and the Shanghai Composite Index fell below 1,500 points. As of the close, it closed at 1,456 points, a drop of more than 5%.
At 9:30 that night, the US stock market opened and Chinese stocks fell generally.
NetEase fell 3.1%, Ctrip fell 4.7%, Sohu fell 2.5%, Sina fell 3.7%, and Shan fell 3.5%. Chinese Internet companies listed in the United States plummeted across the board.
Among them, Shanda, which has been listed for less than a month, has fallen below the issue price.
On June 8, the Wall Street Journal published an exclusive interview. US Treasury Secretary John Snow emphasized in an interview that turmoil in China will not pose a threat to the US economy, and the US government is closely monitoring the direction of China's economy.
Affected by this, the Shanghai and Shenzhen stock markets underwent the decline in the previous two days, and both hit new lows during the session. Various sectors experienced a turn of rebounds, causing the market to fall at an accelerated decline.
...
The stock market is full of sorrow, and Chen Qiaoshan is not surprised.
With the disclosure of the news, this wave of listings in the United States has been temporarily curbed, and the ten Chinese listed companies that are still in the US stock market are also difficult to survive.
After Kangsheng moved out, only Qingshan Forum employees were left in the office opposite Zhonggang Plaza, and the originally crowded area became much more spacious.
Chen Qiaoshan found Wang Sifeng's work station and said, "Brother Wang, I am going to allocate some funds to the company."
After Kang Sheng moved away, the Qingshan Forum was completely managed by Wang Sifeng. He did not move into Liu Chang's office, but allowed Xinzhao's finance to occupy it. Wang Sifeng still shared two adjacent workstations with Yao Yong.
Wang Sifeng didn't take it seriously and asked casually: "How much does it cost?"
Chen Qiaoshan said: "Two million."
Wang Sifeng was startled and asked quickly: "Dashan, the forum is running smoothly now and there is no extra expense. Why do you come in with so much money? And I can't afford it, so I can't always take advantage of you, right?"
Chen Qiaoshan smiled and said, "Don't worry, this money is my personal loan, and there is no need for interest. Just return it to me when our company goes public."
Wang Sifeng couldn't help but laugh and cry. This was probably the biggest joke of the year. He wanted to go public and didn't go and see what was going on outside.
He also heard about Chen Qiaoshan's loan to Kang Sheng, but Qingshan Forum is different from Kang Sheng. Wang Sifeng didn't even know how to spend such a large amount of money to the company's account, "Dashan, what are you doing?"
Chen Qiaoshan said: "I am going to use this money for promotion."
Wang Sifeng really didn't understand his thoughts, "We have surpassed Maopu. Although there is still some gap with Tianya, there is no need to spend so much money on promotion. Even if we catch up, what can we do? Without a profit point, no matter how much we invest, it will be a loss."
Chen Qiaoshan doesn’t think so. Now there is a once-in-a-lifetime opportunity, and it would be a pity to miss it.
Chapter completed!