Reborn since 1993

Chapter 1318 Charge

"Feiyan Technology today announced the simultaneous launch of Feiyan MP3 players in fourteen regions worldwide!"

"In pre-market trading on Nasdaq, Feiyan Technology's stock price surged 13%, reaching a market capitalization of $226 billion!"

Gartner, one of the three major international electronics statistics agencies, predicts that Feiyan MP3 will sell over 300,000 units on its first day!

"The Wall Street Journal, Bloomberg, and other media outlets also have a positive outlook on Feiyan MP3!"

"A well-known Hollywood source revealed that record companies' attitudes toward digital music may change in the face of the escalating impact of pirated music such as Napster."

They might seek cooperation with Himalaya FM, a music streaming platform that supports legitimate music.

"Influenced by the release of Feiyan MP3, the valuations of internet music websites that support the 'freedom' of music copyrights, such as Napster, have surged. Napster, a Silicon Valley unicorn company, has seen its valuation exceed three billion US dollars!"

At Warner Music's headquarters, in an office, the television was showing today's news, including a significant portion of America's financial news.

This is enough to show that Feiyan Technology now has a significant presence in America.

With its success in Himalaya FM, Feiyan Technology can barely be considered an internet giant. It also makes a fortune in the MP3 industry. Today, Feiyan Technology can be said to be thriving in both the internet and electronics industries.

If it weren't for Feiyan Technology's parent company, which is a mainland Chinese company with a Chinese founder and controlling stake held by Dongling Hi-Tech in mainland China.

Otherwise, if Feiyan Technology were willing to cooperate with Wall Street institutions like Yahoo and allow them to control it, its stock price on Nasdaq could very well have soared like Yahoo's.

Roger Ames, the newly appointed president of Warner Music, looked at the news reports on TV with a worried expression instead of the joy of taking office.

During the Michael Fuchs era, Roger Ames was the de facto head of Warner Music, as Michael Fuchs was extremely busy, managing Warner's record, film, and television businesses.

Even if Michael Fuchs worked himself to death, he couldn't manage so many businesses, so he needed the help of trusted confidants like Roger Ames.

For Roger Ames, taking office as the new president of Warner Music was a natural progression.

Michael was killed, but the mess he left behind is still waiting for Roger Ames to clean up.

Warner Music's performance has collapsed, and what worries the Warner Group even more is that, given the current internet trends, not only records, but also pirated movies and TV series may also flood the internet.

So after the Flying Goose MP3 launch event, Warner Music held an evaluation meeting. After determining that there was a high probability that the MP3 and Internet music era would rise, they directly eliminated the "old guard" Michael.

It's worth noting that when Himalaya Music was first established, it approached Warner Music to collaborate, wanting to acquire Warner Music's copyrights, and was willing to pay a substantial copyright usage fee for this.

But at the time, Michael Fuchs was dismissive of Himalaya Music Platform, even saying that Himalaya should give up on it.

To acquire the rights to Warner Music, Michael Fuchs would have to leave Warner Music...

Now, Michael Fuchs has gotten what he asked for, much like that imaginative American president who claimed that as long as he lives, the mainland will never have an atomic bomb.

Then, that imaginative president fulfilled his vow and made his own contribution to the mainland's atomic bomb program.

Michael Fuchs did the same, sacrificing his career to show the world just how fierce the wave of internet music really is!

Roger Ames couldn't help but wonder what the situation would be like now if Warner Music had chosen to collaborate with Himalaya Music back then.
He shook his head. All of that was in the past; thinking about it now was pointless.

Now Roger Ames is faced with the mess that is Warner Music, and how to clean it up.

Switching to internet music is one of the few options left for Roger Ames, since the traditional record model has proven to be no match for the impact of internet music!
But Roger Ames was still unsure whether to choose this path.

If Warner Music doesn't partner with Himalaya Music, who else can it partner with?

Napster, which keeps leeching off record companies, has already surpassed a valuation of three billion US dollars.

Therefore, the sales figures for Feiyan MP3 on its first day, as well as the number of new users and traffic on websites like Napster, became the bargaining chips for Roger Ames to make his decision!

……

"Up!"

"Dongling High-Tech concept stocks are rising again!"

"Have the sales statistics for Feiyan MP3 players been released yet?"

"It won't be that fast, but overseas statistical agencies are predicting that Feiyan MP3 will sell very well!"

"Moreover, Feiyan MP3 is a high-end brand in the MP3 industry, with the highest profit margin!"

Inside the main hall of the Sichuan First Stock Exchange, Xu Jiangwei leisurely sipped his tea, then watched the lively discussion about Dongling High-Tech concept stocks taking place. As a representative of the saying "a moment of defection and the world opens up," Xu Jiangwei, since becoming a believer in Dongling High-Tech concept stocks, had seen all his previous stock market anxieties disappear.

Xu Jiangwei didn't care about data analysis or insider information at all; frankly, he didn't need to worry about those things anymore.

Xu Jiangwei now comes to the exchange every day, drinks some tea, reads the newspaper, and checks his account to see that the amount has increased again. Another day has passed.

The same thing happened today. With the release of Feiyan MP3, Dongling Hi-Tech concept stocks in the A-share market started to surge again, with their stock prices rising like crazy.

The bubble in Dongling High-Tech concept stocks will burst sooner or later. Many stock analysts and commentators in the A-share market have already begun to criticize the phenomenon of major players clustering around Dongling High-Tech concept stocks.

Securities firms, foundations, and insurance companies, which are the main players in the A-share market, are all banding together to support Dongling High-Tech concept stocks. Large sums of money have been poured into Dongling High-Tech concept stocks such as Chuanrong Shares, causing other stocks to fall into a slow and steady decline, which has naturally attracted criticism.

Xu Jiangwei naturally agreed with this comment. He had previously held the same attitude towards Dongke concept stocks, believing that they were just a rabbit's tail and wouldn't last long!
However, nearly three years have passed since Dongke concept stocks appeared in the A-share market, and the bubble of Dongke concept stocks has not burst. On the contrary, it has become more and more ferocious, and the rise is simply unstoppable.

Xu Jiangwei no longer cares. No matter when the bubble of Dongke concept stocks bursts, he's determined to hold onto them!

"Jinyang Electronics has hit the daily limit!"

Just as Xu Jiangwei was thinking, he suddenly heard a sound coming from inside the exchange hall.

Then Xu Jiangwei looked up and saw that Jinyang Electronics, which he held, had indeed hit the daily limit.

Then a rumor started circulating in A-shares, as well as in New York and Los Angeles, that Feiyan MP3s were sold out!

At this time, it had only been three hours since the Feiyan MP3 was released, and it wasn't even noon yet.

Whether the news is true or false is hard to say, but it certainly triggered a surge in all stocks related to Dongke, causing them to hit their daily limit.

Inside the exchange hall, besides people like Xu Jiangwei who bought Dongke concept stocks and "laughed at the changing winds," countless others were pounding their chests, cursing indignantly.

These people are just like Xu Jiangwei before them; they are stubborn and do not believe that Dongke concept stocks can rise further. They resolutely refuse to touch Dongke concept stocks, and now they have missed out. For retail investors, missing out is more painful than losing money.

More importantly, the Dongke concept stocks have already created a siphon effect. When major players and large investors invest their money in Dongke concept stocks, and even sell other stocks to raise funds, stocks outside of the Dongke concept stocks in the A-share market naturally plummet.

This has led to a strange phenomenon in the A-share market: you can dislike Dongke concept stocks, and you can choose not to buy them, but if you don't buy Dongke concept stocks, then whenever Dongke concept stocks rise, other stocks fall. This is equivalent to losing money if you don't buy Dongke concept stocks...

Looking at the exchange hall in front of him, Xu Jiangwei wondered if it would ever be this bustling again.

Xu Jiangwei heard that a computer stock trading software called Tonghuashun is currently being promoted. With this software, one can become a "leek" (a term for someone easily exploited or taken advantage of) on the computer—no, it means trading stocks on the computer. He heard that many people have already started using it.

Tonghuashun is said to be a software division under Dongling High-Tech, a project incubated through the Shenzhou Software Alliance, which has made its promotion quite smooth.

Xu Jiangwei also plans to try installing Tonghuashun on his own computer. If it works well, he will probably visit the exchange hall less often than before.

However, the thought of not seeing the expressions of those who missed out on the Dongke concept stocks made Xu Jiangwei, a well-known independent stock analyst and commentator, feel that the fun of stock trading seemed to have diminished considerably...

……

"not enough!"

"What I want is not an MP3 player that plagiarizes Feiyan!"

"If Meizu MP3 players want to break through the competition, they must have their own unique features, such as FM radio and MP3 functionality!"

In Xiangshan, the headquarters of Meizu Corporation, founder Huang Zhang was slamming his fist on the table at the engineers. The design of Meizu's first MP3 player had been scrapped and restarted several times, causing great distress to Meizu's engineers.

Huang Zhang's requirements for Meizu MP3 design were almost on par with those of Li Dashanren. Huang Zhang's demands left Meizu's designers and engineers feeling almost numb.

Fuming with anger, Huang Zhang returned to his office and puffed on a cigarette. Ever since receiving support from Li Dashan, Huang Zhang had established Meizu Company in Xiangshan, ready to make a big splash.

Huang Zhang envisioned Meizu soaring to new heights, much like Dongling High-Tech back then, but the harsh reality left him feeling helpless.

Feiyan MP3 is too amazing. The combination of minimalism and technological trend makes Huang Zhang, a technology fanatic, feel that it is beyond surpassing. Huang Zhang sometimes doubts that this is the first time he has made an MP3. Feiyan MP3's design is like the culmination of MP3s. Is this reasonable?

Huang Zhang didn't want Meizu MP3 to imitate Feiyan; he wanted to create its own unique features. As a result, the first Meizu MP3 was delayed in being finalized. Due to the immense pressure, a number of Meizu's designers had already left!

After taking a few puffs of his cigarette, Huang Zhang glanced at the time and casually opened the China.com website.

As soon as Huang Zhang opened China.com, he saw the homepage headline and dropped the tobacco in his hand to the ground without even noticing.

"Internationally renowned data company IDC announced that its Feiyan 2nd generation MP3 player sold 28.4 units on its first day, a 405% increase compared to the Feiyan 1st generation released during the same period last year!"

(End of this chapter)