Black technology: a super empire spanning two worlds

Chapter 355 [A large group of people felt their scalps tingle]

Recently, Xiao Yu has also been paying attention to changes in public opinion.

Judging from the public opinion feedback, the effect was very good, and this "good cop, bad cop" drama perfectly met the initial expectations.

However, this matter is not over yet; this grand performance is merely a means, not an end.

The real purpose was to "open a window" so that the Liuguang Xingyu simulation robot could be truly settled. Now, the progress has reached the point where President Zhou was about to "lift the roof" but was stopped in time.

With this groundwork laid, the next step is to offer a "compromise" solution.

After all, truly rejecting advanced productive forces and technological progress is absolutely a wrong and unacceptable path.

Countless opponents are aware of this, but since it involves their own interests, they can only defend their own interests and voice their opposition.

Regardless of right or wrong, if I can't even keep my own job and can't make a living, whether it's technological progress or civilizational regression, it has absolutely nothing to do with me.

With this groundwork laid, when the vast majority of people are "excluded," those who are "excluded" will find that their interests are protected, and their resistance and opposition will be greatly reduced.

When people are certain that their interests are protected, their stance may even reverse, and they may even actively shout slogans such as "Rejecting advanced productive forces is rejecting progress and is a regression of civilization," taking the initiative to carry this banner. As the saying goes, it's easy to talk when you're not in the situation.

This is not a question of possibility, it is a certainty.

Once their interests are secured, the primary contradiction is resolved, and the next concern becomes the secondary contradiction.

The secondary contradiction is that if they really reject advanced productive forces, their interests will still be impacted in the long run, because backwardness invites aggression, and nearly a century of history has proven this to be absolutely true.

Obviously, the situation will be completely different by then, and they will want to protect their long-term interests and will have to provide support instead.

It is clear that this "good cop, bad cop" drama is necessary and an indispensable prerequisite for the successful implementation of the Liuguang Xingyu simulation robot.

While it's possible to push things through forcefully, it will inevitably provoke huge backlash and resistance.

By taking this roundabout approach, people's resistance and backlash will be much less intense.

Even if something goes wrong in the future, the majority of the population will share the burden, because the majority has agreed to it.

……

The following day, Thursday, November 28.

Likang Technology, which had already experienced four consecutive days of limit-down trading, opened at the limit-down price again today, with its share price plummeting to 1414.08 yuan, reducing its market capitalization to 6575.47 billion yuan. From its peak of 9999.99 yuan, the cumulative decline has widened to 85.86%, with a market capitalization loss of 3.99 trillion yuan, approaching 4 trillion yuan.

This scene is truly insane.

The main board stock experienced five consecutive limit-down days, with a cumulative drop of approximately -40%. However, Likang Technology is a stock listed on the Beijing Stock Exchange, where a single limit-down day results in a -30% drop. With five consecutive limit-down days, the cumulative drop reached -83.19%.

Whether you bought in last Friday or even earlier at the high of 9999.99 yuan, it makes no difference, because the drop has exceeded 80%.

从9999.99元跌到1414.08元跌了-85.86%想涨回去可就不是涨+85.86%就够了，而要上涨+607.17%，足足翻涨6倍多。

Given the current situation, everyone feels that there's no hope of breaking through the 9999.99 yuan "super leopard top" in their next life; this is an epic cosmic top.

Countless A-share investors exclaimed that they had been opened to a whole new world. Five consecutive days of 30cm limit-down were truly ruthless. No one had ever seen such a scene before. Not only did Likang Technology make history in its rise, but it also made history in its fall.

The 130 billion yuan that flowed in yesterday after the stock opened at its daily limit down was largely driven by people trying to buy the dip and grab a technical rebound. Although the Beijing Stock Exchange has high entry barriers, there are always some people with trading privileges.

I thought that once the price dropped to around 2000 yuan, it should be safe and there should be a rebound. From a technical analysis perspective, there should also be a technical rebound.

Unexpectedly, it hit the daily limit down again today. Even for a small position, a 30% limit down on the Beijing Stock Exchange is painful. There are currently 100 billion yuan in sell orders at the limit down price for Likang Technology, with no sign of it opening.

Those who bought the dip yesterday are now queuing up at the daily limit down price, waiting to cut their losses. It's terrifying. If they don't get out today, there will be another 30cm limit down tomorrow, and their losses will be halved in just two days.

The market's view on Likang Technology is extremely pessimistic.

Seeing this stock plummeting to its daily limit without any rebound, many people think that this time it's really over. The "Flowing Star Language" product may indeed be directly shut down by the relevant authorities, just as rumored online, and even the consumer-grade personal version of "Flowing Star Language" will be suspended.

Otherwise, the stock price would not have plummeted so violently, without even a technical rebound.

If it is indeed completely shut down, today's five consecutive limit-down days still leave a market value of over 6575 billion yuan, which is still severely overvalued.

Without the "Flowing Star Language" product, Likang Technology is just an ordinary adult toy company. Even as a leading company in this niche market, its valuation is unlikely to exceed 10 billion.

Based on this, Likang Technology is expected to experience 12 more consecutive limit-down days, with each limit-down day being 30cm.

If there are another 12 30cm limit-down days, the cumulative drop will reach -99.09%. Even if you buy at the limit-down price today, you will still suffer a huge loss of -98.62%, which is no different from being trapped at 9999.99 yuan.

That's not the most critical issue. The most critical issue is that if the "Flowing Star Language" product is really cut off, it will only mean that Lingjing Technology will lose a new source of revenue growth, and they will still have the technology in their hands.

But for Likang Technology, it was a disaster. They had already invested so much money, and even if the company went bankrupt, they wouldn't be able to cover up these bad debts. Zhou Chengyang, who had been the richest man in the country for less than half a month, would soon become a dishonest defaulter.

In other words, Likang Technology may face the risk of being forced to delist due to this black swan event. Even if it is not delisted, its stock price will drop back to single digits.

Those who bought the dip yesterday will be doing so now even if the price hits the daily limit down, it makes no difference.

These terrifying expectations, one after another, make every holder who bought the dip yesterday feel their scalp tingle and their heart and lungs about to stop, just thinking about them.

Those who tried to buy at the bottom realized they were wrong and rushed to sell at a loss, now just hoping to get out.

The "black swan" event that happened to Likang Technology has also sent chills down the spines of surrounding supply chain merchants. At that time, Liuguang Xingyu suddenly appeared and shocked the world. Everyone firmly believed that this was a new opportunity, and a large number of "scalpers" rushed in to try to get the first wave of benefits.

Now that this black swan event has happened, everyone is numb.

For example, the company that wanted to enter the Liuguang Xingyu lifelike doll cosmetics market had already cut more than half of its original business and the entire company had begun to transform. As a result, the company's boss was dumbfounded by this sudden turn of events.

If we grit our teeth and continue, and if Liuguang Xingyu is indeed shut down by the relevant authorities, then the company is doomed.

However, if you try to stop the loss in time, the loss will be enormous.

Now we can neither advance nor retreat.

The boss can only temporarily shut down the company, give employees a break, and see how things go.

There's nothing we can do now that we're in a difficult position.

However, this CEO's decision is the most correct course of action at present. If they grit their teeth and push forward, and Flowing Star Language is indeed cut off in one fell swoop, then they will be doomed. But if they cut their losses now, and if it is not cut off in one fell swoop later, they will be dumbfounded and become a clown.

The safest course of action is to halt operations, assess the situation, and wait for the outcome to become clear before making further plans.

For example, Lin Shenshi, who was about to open a cyber-themed sex experience center, had just asked his good friend to invest an additional 3000 million yuan when this "black swan" event happened, catching Lin Shenshi off guard.

He's completely bewildered right now. The company was only recently registered, the premises have already been rented, and the renovations have already started. The initial preparations and investments have already amounted to nearly ten million.

……

(End of this chapter)