People in Hong Kong create super chaebols

Chapter 240 will be outside, the king's life will not be affected
After saying goodbye to Yang Chaoye, Su Cheng went back to the hotel with his bodyguards.

After a busy day today, it's time to take a good rest.

Back at the hotel, Su Cheng washed up and went to bed early.

Time flew by, and in the blink of an eye, when Su Cheng opened his eyes again, October 10nd had already arrived.

Su Cheng looked at the time. It was still very early, around eight o'clock in the morning.

He didn't have anything to do today, so he didn't plan to go out for the time being.

Zhang Qizheng's trading team naturally has Zhang Qizheng to arrange the work.

Su Cheng finished brushing his teeth, changed his clothes, and called the hotel front desk to ask them to arrange breakfast and bring newspapers.

While waiting, he turned on the television.

On the TV station's morning news, the headlines were still talking about Oracle's computer conference and the joint announcement by 12 technology companies.

The hotel was very fast. In less than 10 minutes, the waiter pushed the cart and knocked on Su Cheng's door.

As the overall suite of the hotel, this is the most expensive room in the hotel, and the service naturally has to keep up.

Under the arrangement of the two waitresses, milk, bread, eggs, bacon, pancakes, etc. were all brought to the table in the room.

In addition, there are more than a dozen of the best-selling newspapers here in New York.

After they went out and closed the door, Su Cheng picked up a copy of the New York Times and read it.

The headlines are still the news of Oracle's computer conference.

Below this, there are details and pictures of the joint statement.

Su Cheng put down the New York Times and picked up the second newspaper, the New York Morning Post. The headlines were very different.

In the third "Washington Post", the news about Oracle's computer conference was not on the headlines. The headlines were occupied by news about the situation in Persia.

According to the latest news from the Washington Post, on the morning of October 10, Persian Shia leader Sayyid Ruhollah Khomeini was assassinated, but it ultimately failed.

After reading the news, Su Cheng knew that this matter would definitely become an important turning point there.

The struggle between the Shiites and the Pahlavi dynasty became increasingly fierce.

Below this news is the news about Oracle's computer conference.

Su Cheng read the fourth and fifth newspapers. Basically, Oracle computers made the headlines.

Some tabloids were smart enough to put a joint statement from 12 technology companies on their headlines.

Looking at the contents of these newspapers, Su Cheng was very satisfied.

Oracle computers are destined to become famous throughout the United States and even America today.

This kind of free advertising is very effective.

This is why Yang Chaoye wants to hold a press conference.

You don’t need to spend much money to hold a press conference, but the effect is huge.

Of course, this is also because the product is so innovative. If it were an ordinary new product, it would not have this effect at all. It would be great if it could attract media attention.

After finishing breakfast in Sioux City, he took the newspaper and walked to the balcony, sat on a lounge chair, and looked comfortably at the bustling downtown Manhattan outside.

The sun is shining brightly today, and the temperature in the morning is around 18 degrees Celsius. The sun is shining on Su Cheng, which is very comfortable.

At 09:30 in the morning, Zhang Qizheng had already brought his trading team to the box of the stock exchange.

At this time, the exchange was still bustling with activity.

However, today everyone's focus is no longer on oil companies.

Their eyes are on IBM, Texas Instruments, Kodak Company, Intel and many other listed information technology companies.

Some people are already prepared.

When the market opening bell rang, some people quickly sold their information technology stocks.If you don’t throw it away now, when will you wait?
It can be said that the emergence of Oracle Computer is not good news at all for other information technology companies.

The impact is bound to be huge.

Those who have ideas are already prepared to place orders to sell immediately when the market opens.

However, there are too many people who think this way.

Soon, many technology stocks began to sell more orders than buy orders.

It's okay for large and powerful companies, with market makers stabilizing their stock prices.

It's a disaster for small companies. Before lunch time, many small listed companies have already fallen by more than 30%.

There is no limit limit for the stock price of the United States, so today is simply a Black Monday for many technology stocks.

Among the 11 listed companies that participated in the joint statement, except for Intel, the stock declines of other companies were not too bad. They only fell between 5% and 10%, which was still within their control.

Because these companies are not only large in scale, but the computer business is only part of their business. Therefore, even though they have no advantage at all in the computer business, many investors still believe in them.

In addition, the joint statement issued by Oracle Computer Company also gave investors great hope.

It only takes half a year, you can wait, sooner or later it will rise.

Therefore, except Intel, other companies can control it.

But Intel is out of luck.

Among these 11 companies, although Intel has had a glorious moment in the past two years, it has successively released several excellent processors and memory products.

However, its foundation is really too low.

In addition, the small size of the stock has also become its drawback.

Because Intel's funds are insufficient.

Because all of Intel's businesses are basically semiconductors.

So, it's miserable.

No investor believes that Intel can persist for half a year.

Therefore, it became the most heavily sold listed company among the 11 companies.

"Mr. Zhang, in this situation, are we still inhaling?" A trader asked, looking at Intel, which fell more than 10% at the beginning of the market.

Previously, Zhang Qizheng and the others had already acquired 14.86% of Intel's shares for a small amount of money, just over 400 million U.S. dollars. This amount of money was nothing for Sioux City.

However, Intel's current situation seems to be a bit out of control.

After all, Zhang Qizheng is an experienced veteran, and he quickly analyzed the possibility of Intel's collapse, and the possibility is very high.

Once Intel collapses, the consequences for Intel will be very serious.

"Sell, immediately set Intel's stock price below 20% and sell it all!" Zhang Qizheng was very decisive.

If we don’t sell, it will be too late.

He didn't need to call Su Cheng for this kind of matter. He had his own judgment when Su Cheng was not here.

"If you are out there, you will not accept your orders!" This is what Su Cheng once said to him.

Based on his many years of experience, Intel's stock price will definitely plummet today.

Anyway, its price is not high. If it stabilizes in the future, I can just buy it back.

The trader moved very quickly, and all Intel's stocks were quickly listed.

At this time, Intel's stock price fell by 13.86%.

(End of this chapter)