Coquettish Rebirth
Chapter 2444 Internet bubble burst
The Jia family of Huaxia Hi-Tech, after agreeing to buy 5 million US dollars of tradable shares of PetroChina, did not say to call the other party immediately and say-remember, Jia Hongjian said before that he wanted to put on airs!When Jia Hongjian and the others were in the oil pit in their home, they played with the dual-track price system, which was called Shunliu. Although PetroChina is affiliated with Sinopec, they did the same to Jia Hongjian and the others, so they put on airs and dragged it. , that's just as it should be!
To use Cheng Long's joke, that is - when Jia Hongjian knew that Boss Zhu wanted him to invest in Sinopec, he refused.Because he feels that if he cannot be asked to buy shares, he will buy shares right away.First, he has to think about it.Otherwise, after buying the shares, PetroChina would use their Jia family’s shares to advertise. Boom, it’s very shocking and attractive. As a result, the common people would scold Jia Hongjian’s family after they bought it, because such stocks didn’t go up immediately after they bought them!This proves that Jia Hongjian and the others are fools.
So Jia Hongjian and the others have to think about it. First of all, he is optimistic about the basic market of PetroChina, and there is no false propaganda. It is not like the so-called institutional help "packaging" when Fengtian Feilong went to the Hong Kong stock market to prepare for listing.After thinking about it for a month, Jia Hongjian thought it was pretty good. Not only would he buy it himself, but he would also recommend it to his relatives and friends.Even when the time comes, if CNPC wants to advertise what the Jia family bought, he will directly tell the director to shoot according to this way, so that the common people will know that the Jia family bought it like this, and you bought it like this .
The Jia family dragged on, and the old Wednesday of PetroChina couldn't wait for it—after they came here for the first time.A week passed, and they couldn't sit still.But they couldn't sit still anymore, they didn't call to ask why the Jia family didn't respond, but they came to the door again!This time they came to the door, but they brought a little gift - a few bottles of Moutai!Of course, this time they came to the door to find out what the Jia family thought, but they couldn't come to the door empty-handed and ask directly?So they came here with Moutai. On the surface, they said they were here to give gifts, but in fact, of course, they had to ask the Jia family what they thought by the way.
Here is the Jia family.After Jia Hongjian's idea came out.Of course, Jia Gang and Su Ping came according to their precious son's opinion.So, after Lao Zhou and the others sent Moutai, Jia Gang and Su Ping said that of course they were willing to buy stocks, absolutely willing to buy.Absolutely not fooling around.What now.The main thing is to consider how much to buy.Please Lao Zhou and the others don't worry, but also please Lao Zhou and the others rest assured, there must be a lot.Definitely over $5000 million!
This "quote" is only one-tenth of what the Jia family really wanted to buy!But even the idea of buying 5000 million US dollars of stocks made Lao Zhou and the others very happy! 5000 million U.S. dollars, which is more than 4 million yuan!This is definitely enough to save face!Then a week later, when the stock institutions in Hong Kong and Hong Kong were about to start selling as agents, Jia Hongjian and his family finally gave a statement-to buy 5 million US dollars of stocks!
As soon as this statement came out, the CNPC staff almost hugged Jia Hongjian and his family and called them "dad"!Of course, it’s a bit of an exaggeration to say that, but the amount of money you want to spend was lowered to one-tenth before, and now it’s so high, it’s Huaxia High-Tech’s Jia family who is too powerful to catch the people of PetroChina!It's too face-saving! 5 million US dollars, this can definitely be said to be the largest single transaction of their PetroChina IPO so far!
You must know that even if PetroChina and the others want to start an agency to help sell stocks in the future, the stocks will not be sold to ordinary people casually-they choose targeted sales, that is to say, they will focus on big investors!This kind of directional fundraising, in addition to the Jia family, there are also Li Ka-shing’s family, and then there are like American stock god Buffett, and even Goldman Sachs and the world’s most famous oil giant-bp is the strategic partner of the British Petroleum Group relationship, spent $6.5 million in stock!
The 6.5 million US dollars that bp invested in was the stock that was bought with the help of institutions in Hong Kong and Hong Kong. But after bp bought it, it immediately surpassed Huaxia Hi-Tech and became the largest company in PetroChina's stock offering. one!This list of their bp has eaten up almost 20% of the quota of the released tradable shares!As for the Jia family, there are quite a few, eating up 17% of the quota in total!
After bp became a shareholder, it immediately formed an academic relationship with PetroChina in terms of capital, and then they will soon be able to follow China's commitment to enter the WTO-obtain the qualification to enter China's refined oil market!For example, bp Group was allowed to establish a joint venture with CNPC to establish 500 gas stations in East Zhejiang Province in a few years, and is even negotiating a contract to establish 800 joint venture gas stations in Southern Fujian Province in the future!
However, although the shares of PetroChina were sold a lot, after selling and selling like this, after March, suddenly the shares of PetroChina could no longer be sold!The roughly $10 billion in stock left in my pocket couldn't be sold!why?Because of the world-renowned Internet bubble in the millennium, it jumped.
On March 2000, 3, the Nasdaq Composite Index representing technology stocks reached its highest peak in history!At the same time, at this time, the stock price of Sherlock Holmes has reached as high as 10 US dollars per share!At the close of the day, the Nasdaq index fell nearly 470 points from the highest index.This may seem like a big deal, but no one predicted that this was the beginning of an unexpected U-turn in the Nasdaq!
In fact, before March 3, from 10 to March 99, the Federal Reserve has urgently raised the US savings rate 2000 times!We must know that in a country like the United States, which mainly stimulates the economy with advanced consumption, the savings rate has been raised six times, which is enough to prove that the economy has overheated!Even the highest point in the market's history that appeared on March 3 was fully double that of the same period a year ago!
Then after March 3, the Nasdaq in the United States began to fall continuously.This continuous small decline suddenly made many predators who might have bought PetroChina shares suddenly smell the humidity before the storm and the depressive low pressure. Although at this time, the American market analysts on TV They are all confidently saying that this continuous downturn is just a small shock in the market, because it has been rising for a year, and there is always a slight drop.Then after a week of continuous decline, these analysts began to be confused, and they began to change the subject.Started saying it might have been caused by something else -- the federal government's monopoly lawsuit against Microsoft.
This is obviously nonsense.Even Jia Hongjian thought it was nonsense when he saw it—because in fact, since the end of 97, the U.S. Department of Justice has sued Microsoft in the federal court of the District of Columbia for alleged monopoly!This Microsoft was originally under the control of Bill Gates, and it didn't care about the Internet market at all.But in 95, I watched Netscape grow bigger and bigger relying on the browser market.This Microsoft is in a hurry, and the computer manufacturers have to spend extra money to buy the IE browser, and then it must be installed on the computer together with win95!
However, Bill Gates doesn't care about the Department of Justice's lawsuit at all, because Microsoft employs so many lawyers.It's not for nothing!He even told Jia Hongjian back then that he had the confidence to fight the government for ten years in such a case!The defense they put forward by Microsoft is that the IE browser is not a bundled sale at all, but an inseparable part of the system brought about by a system upgrade, and it is a system component!
For such a technical thing, how does the court judge?How do the judges of the court understand these technologies?So all of a sudden the court announced an adjournment, and then set up a technical expert group to make a judgment.It was judged for one year, and in 98, the court announced that this ie was charged separately, so it was a fucking monopoly!Then, Microsoft smiled slightly and said, oh, I know, then I won’t charge money—after Microsoft launched ie3.0. Netscape was almost bankrupt, and then this Netscape has been sold to America Online!So there are no competitors, what else is Microsoft afraid of?Then they announced that ie95 was provided free of charge to manufacturers for pre-installation, and then on the other side they launched ie2 to match win3.0!
Then on Win98, Microsoft is even smarter. They deeply integrated IE with the system, and made it possible to directly enter the ip address or something in the address bar of the folder, and the folder can be transformed into an IE window!Then the federal court was dumbfounded, they couldn't come up with technical reasons to prove that ie is not a deep system component of win98!So, even if the ie in win95 is involved in monopoly, but the ie in win98 is not involved, so win98 is let go.Originally at this time, the court had declared Microsoft a monopoly, and then Microsoft protested and applied for reconsideration.I don’t know how they did it. Anyway, at the end of 98, the Colombian circuit court rejected the Microsoft monopoly judgment previously ruled by the federal court, saying that the court should not be involved in the design of this high-tech product, and then Microsoft is fine!
The Colombian federal court was dealt with by Microsoft once, and of course they were not happy about it.So this court came to the bar with Microsoft - after more than a year of preparation, they submitted a fact finding in November 1999, and in this 11-page legal document, it was found that Microsoft The Corporation is a monopoly whose actions harm consumers, suppress competition, and make computers more expensive, less innovative, more troublesome, and harder to use.The fact finding states: "Microsoft's events show that it will use its enormous market power and huge profits to harm all companies that persist in the pursuit of creativity that enhances competition."
As for litigation in the United States, sometimes it is the same as a divorce in China-no matter what, it must be mediated first.After all, if the mediation is successful, avoid legal procedures, which will save trouble for both parties and the court.However, in March 2000, the U.S. Circuit Court announced that the mediation failed, that is, the mediation between the Colombian federal court and Microsoft failed, so this matter still needs to be litigated by the federal court and Microsoft!
Then, the so-called market analysts all believed that such a thing affected the stock market!While they were fooling ordinary people into buying bottoms, other big crocodiles secretly sold their own stocks. At the same time, they even thought that the stocks in the United States were about to plummet, and Hong Kong stocks were doing well. Where to go - stock markets all over the world will influence each other, especially the stock market in the United States has a greater influence!Therefore, no one wants to buy PetroChina's stock. What if it falls below the issue price as soon as it goes public after buying it?They are at a loss!It's better to wait until it falls to the bottom before buying!
And at this time, Lao Zhou and the others begged Jia Hongjian and the others again... (To be continued...)
To use Cheng Long's joke, that is - when Jia Hongjian knew that Boss Zhu wanted him to invest in Sinopec, he refused.Because he feels that if he cannot be asked to buy shares, he will buy shares right away.First, he has to think about it.Otherwise, after buying the shares, PetroChina would use their Jia family’s shares to advertise. Boom, it’s very shocking and attractive. As a result, the common people would scold Jia Hongjian’s family after they bought it, because such stocks didn’t go up immediately after they bought them!This proves that Jia Hongjian and the others are fools.
So Jia Hongjian and the others have to think about it. First of all, he is optimistic about the basic market of PetroChina, and there is no false propaganda. It is not like the so-called institutional help "packaging" when Fengtian Feilong went to the Hong Kong stock market to prepare for listing.After thinking about it for a month, Jia Hongjian thought it was pretty good. Not only would he buy it himself, but he would also recommend it to his relatives and friends.Even when the time comes, if CNPC wants to advertise what the Jia family bought, he will directly tell the director to shoot according to this way, so that the common people will know that the Jia family bought it like this, and you bought it like this .
The Jia family dragged on, and the old Wednesday of PetroChina couldn't wait for it—after they came here for the first time.A week passed, and they couldn't sit still.But they couldn't sit still anymore, they didn't call to ask why the Jia family didn't respond, but they came to the door again!This time they came to the door, but they brought a little gift - a few bottles of Moutai!Of course, this time they came to the door to find out what the Jia family thought, but they couldn't come to the door empty-handed and ask directly?So they came here with Moutai. On the surface, they said they were here to give gifts, but in fact, of course, they had to ask the Jia family what they thought by the way.
Here is the Jia family.After Jia Hongjian's idea came out.Of course, Jia Gang and Su Ping came according to their precious son's opinion.So, after Lao Zhou and the others sent Moutai, Jia Gang and Su Ping said that of course they were willing to buy stocks, absolutely willing to buy.Absolutely not fooling around.What now.The main thing is to consider how much to buy.Please Lao Zhou and the others don't worry, but also please Lao Zhou and the others rest assured, there must be a lot.Definitely over $5000 million!
This "quote" is only one-tenth of what the Jia family really wanted to buy!But even the idea of buying 5000 million US dollars of stocks made Lao Zhou and the others very happy! 5000 million U.S. dollars, which is more than 4 million yuan!This is definitely enough to save face!Then a week later, when the stock institutions in Hong Kong and Hong Kong were about to start selling as agents, Jia Hongjian and his family finally gave a statement-to buy 5 million US dollars of stocks!
As soon as this statement came out, the CNPC staff almost hugged Jia Hongjian and his family and called them "dad"!Of course, it’s a bit of an exaggeration to say that, but the amount of money you want to spend was lowered to one-tenth before, and now it’s so high, it’s Huaxia High-Tech’s Jia family who is too powerful to catch the people of PetroChina!It's too face-saving! 5 million US dollars, this can definitely be said to be the largest single transaction of their PetroChina IPO so far!
You must know that even if PetroChina and the others want to start an agency to help sell stocks in the future, the stocks will not be sold to ordinary people casually-they choose targeted sales, that is to say, they will focus on big investors!This kind of directional fundraising, in addition to the Jia family, there are also Li Ka-shing’s family, and then there are like American stock god Buffett, and even Goldman Sachs and the world’s most famous oil giant-bp is the strategic partner of the British Petroleum Group relationship, spent $6.5 million in stock!
The 6.5 million US dollars that bp invested in was the stock that was bought with the help of institutions in Hong Kong and Hong Kong. But after bp bought it, it immediately surpassed Huaxia Hi-Tech and became the largest company in PetroChina's stock offering. one!This list of their bp has eaten up almost 20% of the quota of the released tradable shares!As for the Jia family, there are quite a few, eating up 17% of the quota in total!
After bp became a shareholder, it immediately formed an academic relationship with PetroChina in terms of capital, and then they will soon be able to follow China's commitment to enter the WTO-obtain the qualification to enter China's refined oil market!For example, bp Group was allowed to establish a joint venture with CNPC to establish 500 gas stations in East Zhejiang Province in a few years, and is even negotiating a contract to establish 800 joint venture gas stations in Southern Fujian Province in the future!
However, although the shares of PetroChina were sold a lot, after selling and selling like this, after March, suddenly the shares of PetroChina could no longer be sold!The roughly $10 billion in stock left in my pocket couldn't be sold!why?Because of the world-renowned Internet bubble in the millennium, it jumped.
On March 2000, 3, the Nasdaq Composite Index representing technology stocks reached its highest peak in history!At the same time, at this time, the stock price of Sherlock Holmes has reached as high as 10 US dollars per share!At the close of the day, the Nasdaq index fell nearly 470 points from the highest index.This may seem like a big deal, but no one predicted that this was the beginning of an unexpected U-turn in the Nasdaq!
In fact, before March 3, from 10 to March 99, the Federal Reserve has urgently raised the US savings rate 2000 times!We must know that in a country like the United States, which mainly stimulates the economy with advanced consumption, the savings rate has been raised six times, which is enough to prove that the economy has overheated!Even the highest point in the market's history that appeared on March 3 was fully double that of the same period a year ago!
Then after March 3, the Nasdaq in the United States began to fall continuously.This continuous small decline suddenly made many predators who might have bought PetroChina shares suddenly smell the humidity before the storm and the depressive low pressure. Although at this time, the American market analysts on TV They are all confidently saying that this continuous downturn is just a small shock in the market, because it has been rising for a year, and there is always a slight drop.Then after a week of continuous decline, these analysts began to be confused, and they began to change the subject.Started saying it might have been caused by something else -- the federal government's monopoly lawsuit against Microsoft.
This is obviously nonsense.Even Jia Hongjian thought it was nonsense when he saw it—because in fact, since the end of 97, the U.S. Department of Justice has sued Microsoft in the federal court of the District of Columbia for alleged monopoly!This Microsoft was originally under the control of Bill Gates, and it didn't care about the Internet market at all.But in 95, I watched Netscape grow bigger and bigger relying on the browser market.This Microsoft is in a hurry, and the computer manufacturers have to spend extra money to buy the IE browser, and then it must be installed on the computer together with win95!
However, Bill Gates doesn't care about the Department of Justice's lawsuit at all, because Microsoft employs so many lawyers.It's not for nothing!He even told Jia Hongjian back then that he had the confidence to fight the government for ten years in such a case!The defense they put forward by Microsoft is that the IE browser is not a bundled sale at all, but an inseparable part of the system brought about by a system upgrade, and it is a system component!
For such a technical thing, how does the court judge?How do the judges of the court understand these technologies?So all of a sudden the court announced an adjournment, and then set up a technical expert group to make a judgment.It was judged for one year, and in 98, the court announced that this ie was charged separately, so it was a fucking monopoly!Then, Microsoft smiled slightly and said, oh, I know, then I won’t charge money—after Microsoft launched ie3.0. Netscape was almost bankrupt, and then this Netscape has been sold to America Online!So there are no competitors, what else is Microsoft afraid of?Then they announced that ie95 was provided free of charge to manufacturers for pre-installation, and then on the other side they launched ie2 to match win3.0!
Then on Win98, Microsoft is even smarter. They deeply integrated IE with the system, and made it possible to directly enter the ip address or something in the address bar of the folder, and the folder can be transformed into an IE window!Then the federal court was dumbfounded, they couldn't come up with technical reasons to prove that ie is not a deep system component of win98!So, even if the ie in win95 is involved in monopoly, but the ie in win98 is not involved, so win98 is let go.Originally at this time, the court had declared Microsoft a monopoly, and then Microsoft protested and applied for reconsideration.I don’t know how they did it. Anyway, at the end of 98, the Colombian circuit court rejected the Microsoft monopoly judgment previously ruled by the federal court, saying that the court should not be involved in the design of this high-tech product, and then Microsoft is fine!
The Colombian federal court was dealt with by Microsoft once, and of course they were not happy about it.So this court came to the bar with Microsoft - after more than a year of preparation, they submitted a fact finding in November 1999, and in this 11-page legal document, it was found that Microsoft The Corporation is a monopoly whose actions harm consumers, suppress competition, and make computers more expensive, less innovative, more troublesome, and harder to use.The fact finding states: "Microsoft's events show that it will use its enormous market power and huge profits to harm all companies that persist in the pursuit of creativity that enhances competition."
As for litigation in the United States, sometimes it is the same as a divorce in China-no matter what, it must be mediated first.After all, if the mediation is successful, avoid legal procedures, which will save trouble for both parties and the court.However, in March 2000, the U.S. Circuit Court announced that the mediation failed, that is, the mediation between the Colombian federal court and Microsoft failed, so this matter still needs to be litigated by the federal court and Microsoft!
Then, the so-called market analysts all believed that such a thing affected the stock market!While they were fooling ordinary people into buying bottoms, other big crocodiles secretly sold their own stocks. At the same time, they even thought that the stocks in the United States were about to plummet, and Hong Kong stocks were doing well. Where to go - stock markets all over the world will influence each other, especially the stock market in the United States has a greater influence!Therefore, no one wants to buy PetroChina's stock. What if it falls below the issue price as soon as it goes public after buying it?They are at a loss!It's better to wait until it falls to the bottom before buying!
And at this time, Lao Zhou and the others begged Jia Hongjian and the others again... (To be continued...)
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