Reborn in America, I'm serious about making money.
Chapter 210 begins the clearance sale.
Affected by the new era of bankruptcy crisis, the Nasdaq fell 3.2% at the close of trading that day, with particularly large sell-offs. The trading volume reached $50 billion, and turnover also increased.
That very evening, someone immediately came forward to clarify: "There's nothing wrong with Nasdaq, and there's nothing wrong with those internet companies either. Everyone can buy with confidence. Don't let the fact that one company is preparing to exit the internet industry affect the entire industry. Losers are not worth paying too much attention to."
Sure enough, as soon as the clarification news was released, the entire Nasdaq rose the next day. The market was all green, a protective color, which made those internet investors feel safe.
However, those funds were quietly and gradually selling off their shares, and no matter how much you talked about it, you couldn't stop their determination to sell.
According to the data from those investigation teams, Zhang San's stock holdings amounted to two hundred billion US dollars.
At this point, the 8% stake in NT-MS had a market value of $40 billion, and the entire NT-MS company had a market value of over $500 billion.
It was 25% higher than MS in its previous life, thanks to not investing in areas that MS was not good at, plus a long-term, uninterrupted high dividend payout.
Then there's Silky, whose total market capitalization has already exceeded two hundred billion US dollars. It's also the most dazzling player in the market, while NS, a combination of browser and portal website, has become the largest portal website in North America, with a market capitalization of up to six hundred billion US dollars.
Behind all of these lies the shadow of New Era Holdings.
At a company meeting, Jack Manigan said to his subordinates, "We should sell some stock and invest in other companies. The internet is a bit overheated right now."
"We'll gradually sell some shares to test the pressure the stock market can withstand."
"If we sell more shares and the stock market is likely to fall immediately, we should resolutely clear out all our stocks. If the stock market continues to rise no matter how much we sell, then we can hold on with peace of mind. However, we will need to conduct such a test every month to protect the rights and interests of investors."
Although he said it all the right thing, he used all the money from the sale to buy up NT-MS shares sold by New Era.
The next day, Jack Manigan's stock test results were not optimistic. After they sold off a certain internet stock, the market reacted immediately, falling by 1% at one point that day. Although it recovered quickly, it indicated that the entire stock market was not safe.
"Let's start selling off our shares gradually now."
This same thing happened to other fund companies. As if they had received a unified instruction, more than 300 fund companies began to slowly sell off their shares in Internet companies.
They even contacted some brokerage firms and had their brokers recommend those internet stocks to investors.
This kind of situation is playing out all over the United States and even the world; the brokerage firms in island nations are the most diligent in promoting their products. Although island nations are experiencing a lost decade, they still have many wealthy people.
The richest person in the island nation is not a real estate company owner, nor is he the owner of any other physical industry, but rather the owner of an internet company.
The most common tactic in the investment world is to cover up mistakes instead of publicizing them, then package them up and start touting how great the project is, before trying to sell it to investors and shifting the blame to others.
When all the blame is shifted onto others and one extricates oneself from the situation, then one can act like a champion of justice, exposing the problems and errors to everyone.
While Wall Street was shifting blame, what was Zhang San doing? He said he wanted to bring joy to everyone in the entertainment industry, and he's a man of his word. His first film, "Fast & Furious," was a huge success, so for the second one... he let someone else make it.
As for what happens on Wall Street, that's their business. What does it have to do with him, a former billionaire who's on the verge of bankruptcy?
He's almost back to being an ordinary person now, so he won't receive much attention. But once the anti-monopoly investigation starts, I estimate many people won't be able to bear the consequences. However, they should take the blame; I will never take it myself.
As an ordinary director, Zhang San said, "Although I'm a latecomer to the field, I still want to be a good director, okay?"
News from Wall Street also reached the mainland.
In the Chinese internet world, Zhang San's bankruptcy has attracted widespread attention and discussion. People have conducted in-depth analyses of the event and posted numerous comments.
At that time, most of the people who could access the internet on the mainland were top-tier figures. Ordinary people couldn't even go online. These earliest internet users had a vision, insights, and in-depth analysis of things that later internet users could not match.
One netizen, whose username is "Zongheng Wall Street," wrote: "Zhang San immigrated to Europe and America and is a model of Chinese entrepreneurship in Europe and America. With his wisdom and talent, he became a pioneer in the Internet industry. However, his dazzling achievements will not be overshadowed by his low-key life."
This made some people envious and covetous; even if Zhang San is now an American, he is not white, nor... in short, he will not integrate into them; like the computer king before, the end result will not be good.
In this situation, the best way for us to go to Europe and America to make money is to make a quick buck and leave, without investing our funds in that country. Understanding the country's history of development will tell us the answer.
Zhang San's current situation is very mild; the fact that he hasn't gotten into any trouble is already a good thing.
This post immediately attracted widespread attention and was pinned to the top of the feed. Many people felt that this was impossible.
"Upstairs, I think you're exaggerating. That's a free country; how could they do such a thing? Zhang San is suspected of monopolistic practices and will inevitably be punished by law."
"Yes, that's a free country. The person upstairs is spreading rumors."
"Those people upstairs are trolls. Why would they be interested in Zhang San, who's got so little money?"
"In my opinion, Zhang Sancai's mere $3.5 billion is hardly something the United States would even consider."
"The person upstairs might not know, but before Zhang San conducted his investigation, the total market value of the listed companies owned by New Era Holdings was as high as 200 billion US dollars. And its foreign debt reached 195 billion US dollars. Think about what that means."
Fake +1
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