Reborn since 1993

Chapter 1261: The Heaven and Earth Join Forces

In the blink of an eye, Dongling High-Tech concept stocks such as Chuanrong Co., Ltd., Jinyang Electronics, Kelian Co., Ltd., and Changshan Precision Machinery, which were just half-dead a moment ago, suddenly surged as if they had been injected with chicken blood, staging a dramatic reversal from limit down to limit up!

The nearly 20% surge from limit down to limit up left the entire stock trading hall completely silent.

Just moments ago, I told Xu Jiangwei that the stock market was too murky and that he, an old retail investor, couldn't handle it. Now, he's witnessed a scene that completely contradicts his years of experience in stock trading.

At this moment, countless seasoned investors had only one thought in their minds: Is this right? Is this reasonable? Based on their past experience, once a stock falls, it will stagnate for at least a year and a half, and may never recover.

But why are Dongling High-Tech concept stocks in the A-share market so strange?

Yes, at this moment, in the minds of many veteran stock investors, these Dongling High-Tech concept stocks can only be described as bizarre.

From the emergence of Dongling High-Tech concept stocks in the A-share market to their acceptance by the public, the prices of these stocks have been soaring at an astonishing rate every year.

As for stocks hitting their daily limit and doubling in price, such events might only happen once every few years for other stocks, but they are commonplace for Dongling High-Tech concept stocks.

Even the Southeast Asian financial crisis turned Dongling High-Tech concept stocks into safe-haven stocks, with funds from various insurance companies and foundations flowing into Dongling High-Tech concept stocks for hedging.

After all, stocks related to Dongling High-Tech have at least guaranteed performance. Backed by Dongling High-Tech, there's no need to worry about bankruptcy. Their performance is soaring every year. Even if the stock price doesn't rise after you buy in, you can still get dividends every year.

Today, Dongling High-Tech concept stocks on the A-share market once again exhibited a wildly volatile performance!

However, many seasoned investors have already sold off their holdings, or even cut their losses and fled.

Those who were glad to have sold off their shares before this moment could only watch helplessly as Dongling High-Tech concept stocks were driven to their daily limit!

Even those with heart conditions are starting to clutch their chests. What truly pains stock market investors is losing money. They'd eat noodles in the dark without needing salt. Don't ask why; tears will speak for them.

Besides losing money, the second most painful thing is selling too early. Sometimes, this is even more painful than losing money, and you might even wake up in the middle of the night in a fright and feel like slapping yourself.

But what would it be like to cut your losses, run away with the money, and even sell at a loss?
"Call an ambulance! Someone has collapsed!"

"Does anyone have any quick-acting heart medicine? Someone is having heart problems!"

Xu Jiangwei watched the various human reactions unfolding in the trading hall. Some people collapsed, some regretted their actions while drinking nitroglycerin pills, and some ran over, wanting to buy back the Dongling High-Tech concept stocks they had sold.

But once you miss the chance to get on board, the doors are welded shut. Even if you want to take over Dongling High-Tech concept stocks, there's no chance. Stocks like Jinyang Electronics, which are Dongling High-Tech concept stocks, are blocked by huge buy orders!

Xu Jiangwei was particularly struck by the fact that Chuanrong Co., Ltd., a stock considered a "monster stock" among "monster stocks," was locked in by a buy order of 700 million yuan. Anyone capable of making such a large purchase must be a major buyer with a significant market position.

Seeing the scene before him, Xu Jiangwei knew that Chuanrong Co., Ltd. probably wouldn't be able to open its trading limit up, and it would just be a matter of how many consecutive limit-up days it would take!
As for Xu Jiangwei, all he had to do was, just like before, pick up the newspaper, make a cup of tea, and quietly watch the numbers in his account double!

"Praise Dongke!"

Xu Jiangwei couldn't help but praise the Dongling High-Tech concept stock with the most devout prayers of a fervent believer.

The art is now complete. From now on, Xu Jiangwei will be the most devout believer in Dongling High-Tech concept stocks. He will not sell these stocks, no matter how high or low they are!
Only after the market closed did Xu Jiangwei realize why these concept stocks had experienced such a volatile situation.

"Sichuan Rong Co., Ltd. announced that it needs to expand its production capacity due to receiving RMB 6.4 million worth of components for Shenzhou Global Mobile phones."

To cope with long-term orders, Sichuan Rong Machinery Co., Ltd. announced that it will invest in the construction of a third capacitor and resistor manufacturing plant, requiring a public offering of 600 million RMB in new shares. It has already reached share subscription agreements with several investment institutions!

Leading companies in the Dongling High-Tech concept stock sector, such as Sichuan Rong Co., Ltd., have issued announcements stating that orders have surged and they have begun to cancel this year's annual leave.

From these announcements, outsiders have deduced two things. First, the rumors that Shenzhou Global Connect is not selling are complete nonsense. Now, even the production lines of these component suppliers are practically burning out.

Secondly, these orders are all long-term orders, which means that the sales volume of Shenzhou Global Pass may continue to rise!

This adds another new product supply chain to Dongling High-Tech's future component industry chain, which is definitely a major event for Dongling High-Tech concept stocks. These two pieces of news are enough to spur A-share investment institutions to vote with their feet!

Everyone says that Dongling High-Tech concept stocks are too expensive and too risky, but I ask you, which companies in the A-share market can compare to Dongling High-Tech concept stocks, which have consistently doubled their performance every year?
Every time, analysts at securities firms feel they have accurately predicted the revenue of Dongling High-Tech concept stocks, but every year they find that the performance of companies like Chuanrong Shares is more than tens of percent higher than analysts' predictions, and sometimes even doubles!

This makes it seem like institutions aren't going to speculate on these stocks with soaring performance, but instead speculate on junk stocks that are about to be delisted?
As for these Dongling High-Tech concept stocks, Jin Shengmao, the boss of Chuanrong Shares, who is known as the king of harvesting retail investors in the A-share market, is still performing steadily.

Under the guise of expanding production capacity and building new production bases, they directly issued 600 million RMB worth of shares, clearly demonstrating their ruthless exploitation tactics. Whenever the stock price surged, Jin Shengmao, the owner of Chuanrong Shares, couldn't resist cashing out, and he almost never missed an opportunity to do so!
Even though everyone is aware of the various ways Jin Shengmao, the owner of Chuanrong Shares, is cashing out and exploiting investors, the outside world has reluctantly accepted it.

No matter how much Jin Shengmao cashed out, Chuanrong Co., Ltd.'s performance continued to soar, and its stock price remained remarkably strong, leaving various institutions with no choice but to accept the situation.

In the stock market, they are always the most sensitive; at the slightest sign of trouble, they start to act.

More information only came out after the A-share market closed.

"Within 15 days of its launch, the Hasee Global Pass mobile phone has accumulated over 500,000 orders through retail sales and contract orders from telecommunications operators, making it one of the best-selling high-end models in the global mobile phone market this year!"

"Thanks to its performance advantages, Hasee Global Pass is becoming the standard model for business people in the port city."

"Analysts at Peregrine Securities are optimistic that Shenzhou Global's cumulative sales will exceed 10 million to 14 million units, making it the best-selling high-end mobile phone model in global mobile phone history!"

Hong Kong TV reported on the sales of Shenzhou Global Pass, while Peregrine Securities, a subsidiary of the Dongke Group, blindly praised its parent company's mobile phones.

The Wall Street Journal claims that Shenzhou Global Pass may spark a new mobile phone trend, and that concepts from the 2G feature phone era may be accepted by users!

American media outlets such as Silicon Valley Daily believe that Shenzhou Global's mobile internet access function may bring new changes to the internet industry!

If the mobile internet era truly arrives, the internet will gain over 4.92 million new users!

"Zhang Ao, General Manager of the Marketing Department of Dongling High-Tech, claimed in a media interview that Shenzhou Global Pass mobile phones achieved a single-day global sales volume of over 11.4 units!"

"Driven by the hot sales of Shenzhou Global SIM phones, the share prices of many A-share listed companies related to Dongling High-Tech have accumulated gains of over 60%!"

The reversal came too suddenly. Just a few days ago, many media people were discussing whether Shenzhou Global Pass would become the first Waterloo in the history of Dongling High-Tech, and whether Dongling High-Tech's undefeated record since its establishment would be broken.

But suddenly, despite rumors of its defeat in the GSM mobile phone market, Dongling Hi-Tech suddenly started receiving a surge in orders.

Even more strangely, media outlets such as The Wall Street Journal, The New York Times, and Silicon Valley Daily seem to have shown particular favor to Shenzhou Global Pass, which is quite unusual.

Ultimately, it all comes down to profit. After all, if Shenzhou Global Pass sells well, it proves that mobile internet access has become a basic need for users, and then the mobile internet market will begin to emerge!
This is like another shot in the arm for the already overheated internet industry. There are over 4.9 million mobile phone users worldwide. What would it be like if all these users joined the mobile internet market?
The combination of computer internet and mobile internet is truly thought-provoking, and could potentially change the entire logic of the internet market.

By then, who would dare say that the stock prices of companies like Yahoo are too high? The size of the internet sector on Nasdaq could even double!
Shenzhou Global Pass mobile phones, touted by the American media, actually only benefited from the slight influence of the internet. Now, any news in America that is beneficial to the internet and NASDAQ is heavily hyped.

If it were any other mobile phone brand instead of Hasee Global Pass, the American media would still hype it up, as long as the hype is beneficial to Nasdaq!
What truly boosted the sales of Shenzhou Global Pass phones were the contract phones offered in cooperation with various telecommunications operators.

Buying a Hasee Global Pass device at an overseas electronics retailer costs $900, and there may be other fees, making it even more expensive.

However, for contract phones, telecom operators can sell them to users for $600 or even $500, as long as the user buys a two- or three-year phone plan.

The operator buys Shenzhou Global Pass devices from Dongling High-Tech at a high price and then sells them to users at a lower price. The small loss incurred is gradually recouped by the operator from the monthly call charges, and may even be more profitable, since the cost ultimately comes from the user.

There's no doubt that Shenzhou Global Pass phones have more powerful functions than other phones. Coupled with the price reduction of contract phones, the sales of Shenzhou Global Pass phones have been ignited!
Some telecom operators have even resorted to the shady tactic of offering loans to buy phones, selling them for $300 or even $200 and then collecting monthly loan interest and phone plan revenue, making double the profit!
Contract phones are definitely the biggest seller in the global mobile phone industry right now. Nokia, Motorola, and others also sell their phones through operators. Otherwise, the four major mobile phone giants, ZTE, Huawei, Coolpad, and Lenovo, wouldn't have emerged in China in the past.

The $900 Shenzhou Global Pass is expensive, but isn't the $200 Shenzhou Global Pass a good deal?
When American media hyped up Shenzhou Global Pass because of the internet, and when telecom operators sold Shenzhou Global Pass at heavily discounted prices, sales exploded!

(End of this chapter)