Become the richest man in the world starting from the rebirth of college entrance examination
Chapter 486: Taking the initiative to cede territory and pay compensation
Lou Qi had a frustrated and depressed look on his face. A businessman at his level no longer cared about money. He was very unhappy when he found out that Zhou Hao had such a high fortune. He felt that he had no place to put his old face. People live for a breath. He was unhappy if Zhou Hao was not good enough, and he was even more unhappy if Zhou Hao was too good. Lou Qi had been in the business world for many years. At this age, what he cared about most was face. If he met Zhou Hao again in the future, how should he face him?
But Gong Fei was delighted in her heart. Her idea was simple: everything was for the good of her daughter. Now she knew Zhou Hao's hidden strong ability, which made her very happy. She was mainly happy for her daughter. After all, her daughter found the right person. There was probably no other boy like Zhou Hao in the whole country. Seeing that her daughter found a boy with extraordinary abilities, she was happier than anyone else.
Gong Fei had no intention of attacking Lou Qi. She just felt that he should correct his wrong ideas as soon as possible, so she picked up the two pages that Lou Qi had not read and said, "You haven't finished reading it just now. Zhou Hao and Ye Shao also set up Jingcheng Haoshun International Co., Ltd. You know Ye Shao, right? He is the only son of Mr. Ye from the ministry."
Lou Qi's face twitched a few times. Boss Ye of the ministry, he knew very well which ministry it was. He was in the energy and steel industry. Looking up, the highest ministry was headed by Ye Shao's father. Zhou Hao actually cooperated with Ye Shao. This kid was so young, but his network of contacts was so strong?
Seeing that he didn't say anything, Gong Fei continued, "He also set up a real estate company with Ye Shao and a real estate developer from Zhou Hao's hometown. This real estate company is registered in Beijing. I guess they are interested in the real estate market in Beijing."
"He wants to get involved in real estate too?" Lou Qi rubbed his temples vigorously, feeling like his brain was not enough.
Gong Fei said: "Looking at this situation, they must be involved in real estate, otherwise they would not specifically cooperate with real estate developers."
Lou Qi frowned and asked back, "Where does he get the energy to take care of so many things? Just thinking about these companies one after another makes me feel overwhelmed."
Gong Fei said: "The question is not where he gets so much energy, but where he gets so much ability. Every company he is involved in is either very valuable or very profitable, or will be very valuable and profitable in the future. Except for the two companies he and Ye Shao founded, it is not clear now, but all the companies he founded are successful."
Lou Qi waved his hands in frustration, "Don't talk about him anymore. It's giving me a headache. I won't comment on him and Xin Yu for now. Let's see how he develops in the future. He's doing well now, but whether he can last long is another matter."
This was exactly what Gong Fei wanted, so she smiled and said, "I'm glad you see it this way!"
……
No one knew what kind of storm Lou Qi was going through in his heart on this summer night. Sina’s executives and investors were also experiencing the same storm.
In another quarter of an hour, Nasdaq will open again.
Under normal circumstances, Sina's stock price should have rebounded today, because the negative news brought by Haobo Technology has been released and transformed in the stock price. Sina's stock price has fallen by 24%. In the eyes of Sina's senior management, this has bottomed out. What's more, the short sellers who poured in yesterday must have realized that the stock price has bottomed out today and will definitely close their positions in time. The large-scale purchases will definitely pull up the stock price. This is the bottoming out rebound.
But at 1.21:, when the Nasdaq opened, Sina's stock price did not open as high as expected, but fell by one cent, opening at $.
The market didn't open high, which is very strange.
Sina's top management suddenly became nervous again. They had originally thought that the stock price could be raised by at least 1.22 to percentage points to $ today, but it opened lower. This was not right, as it proved that the short sellers were not in a hurry to close their positions.
The reason why short sellers haven't closed their positions yet is very simple. They have been analyzing Sina's situation, the current situation and characteristics of Haobo Technology since yesterday. When Haobo Technology entered Nasdaq's field of vision, they immediately realized that what Sina is facing is definitely not just a simple one-quarter cut in traffic. Their biggest problem is that they have created an opponent like Haobo Technology. Although there is no evidence that Haobo Technology will further impact Sina, the US market has a very keen sense of smell. After seeing the information about Haobo Technology, they smelled the potential danger of Sina.
Right now, Sina's stock price is entirely supported by portals, which the Chinese have been exposed to earlier and have a deeper understanding of than the Chinese. To put it bluntly, portals rely on traffic and content, and the combination of the two can generate user sedimentation, thus becoming the key to the development of portals.
After Haobo Technology acquired hao123, it controlled almost all the traffic at various entrances, which means that it has the strongest source of Internet traffic in China. In addition, Haobo Technology has a very healthy cash flow and strong R&D capabilities. It is too simple and easy for them to build a portal website. The human, material and financial resources can all keep up quickly. Moreover, based on the industrial structure of Haobo Technology, Mei Guoren analyzed and found that what Haobo Technology lacks most at the moment is a portal website. From this point of view, if Haobo Technology does not build a portal, Sina's stock price will bottom out, but if Haobo Technology builds a portal website, Sina's stock price is still far from bottoming out.
For Nasdaq, the Internet bubble that began in 2000 caused the market value of many Internet companies to shrink severely. Although the international Internet has begun to pick up now, it is still somewhat weak in terms of stocks. Most investors are still cautious about Internet stocks, so it is difficult to accept that there is a premium component in the stock prices of Internet companies. They are not optimistic about the development prospects of Internet companies. If the situation is not good, there is a possibility of further decline. Basically no one dares to buy such stocks.
Because of this, Sina's stock price opened low at the beginning of the new trading day. Embarrassingly, Sina's senior management failed to predict the psychology of Nasdaq investors and were stunned by the low stock price.
A low opening indicates a low trend.
The pessimism in the market caused Sina's stock price to slowly fall from the opening. Ten minutes after the opening, the stock price had fallen below $1.20 and fell to $1.19.
When Xinlang was getting anxious, Zhou Hao was playing guitar and singing for Zhao Yueying.
"Next Stop Queen" and "First Day" are two new songs Zhou Hao prepared for Chen Qi. Among them, "Next Stop Queen" is to help her open up the situation in Hong Kong, so Zhou Hao attaches more importance to this song.
The song "The First Day" also has the foundation to become a big hit. First of all, the melody is dynamic and lively, and the lyrics are very beautifully written. The lyrics and music are matched well, and the arrangement has a pop rock style. This kind of song can easily become popular in the streets and alleys.
It relies on the dynamic and light-hearted pop-punk style, which makes it particularly energetic and wild in the eyes of boys and girls. Although "The First Day" is not as obvious as pop-punk, it is just right for the relatively introverted Chinese people.
However, since the style is more like pop rock, folk guitar naturally cannot express the feeling of this song. Even so, it still makes Zhao Yueying's eyes light up.
This is the first fast song written by Zhou Hao. It feels a bit fierce, but it is more of a beautiful song that comes from the bottom of his heart.
Zhao Yueying gave high praise to both songs and believed that they would definitely become popular.
……
That night, Sina's stock price closed at 1.13 yuan, down another 24% after a 6.5% daily plunge. No one at Sina expected that Haobo Technology would have such a significant impact on them, because Haobo Technology was in opposition to Sina, and the entire market was not optimistic about Sina.
The CEO of Sina couldn't bear it anymore. He wanted to reconcile with Zhou Hao, but Zhou Hao ignored him. Even so, he expressed his sincerity through Nie Yuan and said that he was willing to dissolve UC first, but Zhou Hao didn't give him a definite answer, leaving him in a dilemma.
Nie Yuan was also very anxious, but he knew in his heart that he could not contact Zhou Hao at this time. Not only would it be useless, it would also cause Zhou Hao to be disgusted.
Sina CEO was in a difficult situation, so he asked Nie Yuan to go to Taobao to visit Liu Qiangdong in person. In Liu Qiangdong's office, he said to Liu Qiangdong: "Mr. Liu, please tell Mr. Zhou that we are willing to dissolve UC to ease the relationship between Sina and Haobo Technology. As long as he nods, we will dissolve UC within 24 hours!"
Liu Qiangdong chuckled, looked at the CEO of Sina, then looked at the depressed Nie Yuan, and said with a smile: "To be honest, it's meaningless for you to ask me to convey these words. Senior Brother Nie has also told Zhou Hao these words. If Zhou Hao wanted to buy it, he would have bought it long ago. It doesn't make much sense for me to say the same words."
Sina CEO said hurriedly: "Mr. Liu, you are more familiar with Zhou Hao. We want to ask you to help persuade them. After all, this is not good for anyone. It would be best if it can be resolved as soon as possible."
Liu Qiangdong smacked his lips and said, "Boss Chang, to be honest, if you want to take the initiative to reconcile with Haobo Technology, don't wait for Zhou Hao to nod before you do it. Just go back and disband your UC team and let Zhou Hao see your sincerity. Otherwise, how can Zhou Hao agree if you just say it?"
Sina CEO said with some concern: "It's not impossible to disband the UC team first. We are worried that Zhou Hao will not buy it and will still block us..."
Liu Qiangdong smiled and said, "Since it has become a stalemate, we must first take action to break the deadlock. If President Chang is not willing to take this risk, then I won't say much. Sina and Haobo Technology can continue to fight, or perhaps you can speed up the development of UC. Maybe you can rely on UC to turn the defeat into victory."
The CEO of Sina could hear the sarcasm in Liu Qiangdong's words, but after thinking about it carefully, what Liu Qiangdong said made sense. It was Sina that insisted on making UC, and it was also Sina that competed with Haobo Technology for talent. Sina had long made its covetousness for Haobo Technology public. It was understandable that Zhou Hao fought back at this time. It was also Sina's own fault. At the moment, it was in an absolute disadvantage, and it had to make concessions first in solving the problem.
As for Liu Qiangdong's suggestion of relying on UC to turn defeat into victory, he knew in his heart that the possibility was very slim.
After leaving Taobao, Sina CEO immediately rushed back to the company and convened another high-level meeting. This time, he made a decision. Since they had to cede land and pay compensation, it would be okay for him to take the initiative and cut the Gordian knot!
So, after everyone arrived, the first thing he said was: "The stock price has collapsed now. After learning about Haobo Technology, investors are very pessimistic about us. If we don't give investors hope, I'm afraid even investors will give up on us. So I decided to disband the UC team today and take the initiative to bow to Haobo Technology and beg them to show mercy. As long as Haobo Technology stops blocking Sina, it will be the biggest positive for the stock price. What do you think?"
The meeting room was suddenly speechless. Everyone looked at each other and no one was willing to speak.
However, everyone focused more of their attention on Zhao Yongde. After all, he was the boss of the UC business unit, and it was also his private territory that he had always defended. Now that UC was to be removed, he would probably be the most opposed.
But unexpectedly, Zhao Yongde saw that everyone's attention was focused on him, and he quickly stated his position: "Why are you all looking at me? The company is in trouble now, and we must abandon the car to save the driver in order to make a comeback, so I have no objection to cutting UC!"
Everyone immediately looked down upon Zhao Yongde.
He was the one who defended UC to the death in the beginning, and he is the one who betrays UC now.
However, since he didn't speak for UC, everyone had no scruples and expressed their support for cutting off UC.
This time, no one in the company's top management dared to protect UC anymore. The stock price plummeted to such a low point that everyone suffered heavy losses. If the stock price doesn't recover, even the CEO will have to resign. What's the point of UC then? The company will be lucky if it doesn't go bankrupt or is liquidated by investors.
Therefore, Sina made a major decision at 3 pm: disband the UC team immediately! They took the initiative to cut their losses and expressed their apology and sincerity to Haobo Technology.
After the decision was made, Sina's human resources director immediately met with Xu Bin, the head of the UC business unit, and had to inform him before the department was disbanded.
Xu Bin has long been worried about his future. The stock price has plummeted for two consecutive days. He is very worried that Haobo Technology will ask Sina to remove UC as a condition for the solution. His subordinates have also been suffering these two days and feel very insecure.
The HR director suddenly looked for him, and his heart skipped a beat. At this point he had no choice but to go ahead with it, so he went to the HR director's office.
As soon as he sat down, the HR director said to him in a businesslike manner: "Xu Bin, I want to tell you that the company has decided to disband the entire UC division..."
As soon as he finished speaking, Xu Bin felt as if he was struck by lightning!
The most feared thing has finally happened! I just came all the way to Beijing, and the good days haven't lasted for a few days, but the whole department is going to be disbanded?
Seeing Xu Bin standing there speechless, the HR director continued, "There are many people in your department. I can't notify everyone one by one. I still hope you can pass it on to the people below."
Xu Bin couldn't help but ask: "Boss Liu, what does the company mean? Do you want to cut off the entire department, or keep the core employees?"
Xu Bin would never want to leave Sina, because if he leaves Sina, it will be almost impossible to find another job with such a high salary. Although the entire department is going to be cut now, he is still very capable. If others can be fired to save himself, he can also accept an internal transfer to another department.
But the HR director's next words poured cold water on her: "I'm sorry Xu Bin, everyone in the entire UC division must leave."
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