Black technology: a super empire spanning two worlds

Chapter 164 [Surpassing Apple for the first time to become the world's largest listed company by market value]

Currently, Lingjing Technology's stock price closed at 146.78 yuan, with a market value of 12.74 trillion yuan and a price-to-earnings ratio of a terrifying 588 times. After today's annual report, the increase in value has caused the price-to-earnings ratio to drop sharply to 175 times.

Although a price-to-earnings ratio of 175 times is still a huge bubble, the company's growth rate is skyrocketing.

As long as the value growth momentum remains unchanged, the bubble can be filled.

Another important reason is that Lingjing Technology is an extremely scarce high-quality core asset in the A-share market, and can even be said to be a unique variety in this market, and therefore enjoys a higher market valuation premium.

There are now 2 million shareholders in the A-share market, but this market is extremely garbage, with all kinds of mines and sickles everywhere outside. Lingjing Technology is just a leeks who has not made money, but even such basic ethics make it seem "abnormal" and out of place in this market.

Just like the Pangdonglai Supermarket, they only abide by the minimum moral bottom line, which is a normal thing, but they are regarded as "outliers" and out of place. Including Xiao Yu promoting the establishment of HP Fund and transferring 50.03% of the shares to HP Fund, which is an "outlier" in the eyes of some people.

It is precisely because of this that these "outliers" are being snapped up by millions of investors, who would rather accept higher premiums and bubbles here than speculate in other stocks.

……

The next day, Thursday, December 1th.

When the A-share market opened today, Lingjing Technology opened at 157.78 yuan, with a sharp gap up of +7.49%. After the opening at 9:30, such a large-cap stock opened and continued to rise without any retracement.

At around 10:24, the stock price surged to 176.14 yuan, up +20.00% and hitting the daily limit. The stock price hit a historical high, and the market value directly reached 152889.52 billion yuan. The market value increased by 2.54 trillion yuan in one day, and the total market value increased by 2400 billion yuan.

It is worth mentioning that Lingjing Technology, as the largest listed company in this market, has not been included in the CSI 300 Index or the Shenzhen Component 100 Index. It was also removed from the ChiNext Index last year and has not been re-included until now.

This also made many investors who specialize in investing in index ETFs extremely angry, and to this day, this has been discussed by countless investors.

But the village refused to include it in the index and found a lot of reasons, saying that including Lingjing Technology in the index would distort the overall market index. In fact, they were just afraid that the index would rise sharply.

Someone has calculated that Lingjing Technology's current total market value has exceeded the total market value of all other listed companies in the entire GEM market, and it has a market value of more than 3 trillion yuan more. If Lingjing Technology had not been removed from the GEM index last year, it would not only have broken through the GEM's historical high of 2015 points in 4037, but would have reached above 5500 points.

As a result, the ChiNext Index is still at 2450 points, which has disappointed countless investors and made them more determined to attack Lingjing Technology.

……

On the next day, Friday, January 1, Lingjing Technology opened flat in the morning and fell to the -13% level, but then stopped falling and strengthened again, with large volume increases and setting a new high. At 3.91:14 in the afternoon, the company's stock price was pushed up for a second consecutive day, reaching a new high of 36 yuan. The market value soared to 211.37 billion yuan, and the daily trading volume once again exceeded 183469.16 billion yuan.

Lingjing Technology's popularity index ranks first in the entire market, and investors are all criticizing this stock.

Today, Lingjing Technology has created new history in the capital market, surpassing Apple for the first time to become the world's largest listed company by market value, with a market value of 18.34 trillion yuan, equivalent to approximately 2.73 trillion US dollars.

At this moment, the comment section of the stock forum is extremely popular.

[Congratulations to Emperor Ling for becoming the world's largest listed company. This is too dreamy.]
[The net increase in market value in two days was 5.6 trillion, really amazing!]
[The stock market of A-share market is very strong. The trillion-level market can give you two 20cm daily limit.]
[I thought that after the resumption of trading, the stock price would adjust for at least half a year. Who could have thought that it would reach 211.37 yuan. After the resumption of trading, it did not adjust but directly soared by +66.08%. Who could have thought of this?]
[The P/E ratio just dropped to 175 times, and this has soared to 252 times, outrageous!]
[If Brother Xiao had not transferred his 50.03% equity to HP Fund, his net worth would be more than 9 trillion now...]
[Even if it is just a symbolic 1%, Xiao Ge’s nominal net worth has soared to more than 1800 billion.]
[There is absolutely no blackmail against Brother Xiao. I am not jealous of his money at all. I am happy to hear that he is worth 10 trillion!]
[There is no need to think too much about the people who can slander Brother Xiao these days. They are 100% traitors. If you encounter such a person, just smash him to pieces. You will never be wrong or wrong.]
……

At the same time, in a third-tier small city in China.

"I remember, I used to trade stocks." A young man suddenly paused at this moment, and suddenly remembered a lot of things. It turned out that the man lost his job two years ago, and later chose to deliver food among the "triathlon" of delivering food, running express delivery and driving online ride-hailing cars. To make matters worse, in September last year, he was in a car accident while delivering food, resulting in brain damage and coma for nearly three months, and also caused partial amnesia.

Just now, he suddenly remembered that he was still a stock investor. To be honest, his luck was extremely bad. He had made three heavy investments and failed miserably. He suffered a sharp drop in the *ST stock market and lost more than 300,000 yuan of capital.

This guy accidentally bought Lingjing Technology stock on Tuesday, August 8 last year. It happened that Lingjing Technology fell to its historical lowest point of 31 yuan that day.

But the fact that he was able to buy at the lowest price was actually pure accident. This guy was using his mobile phone at the time. He originally wanted to buy another stock, but he entered the wrong code and chose Lingjing Technology, buying 0.42 shares at a price of 1500 yuan. The operation was a bit urgent at the time because he was delivering food.

When I bought it, I realized that I had bought the wrong stock and that I had bought a ST stock. At that time, Lingjing Technology had just been ST and was once considered to be forced to delist. I was stunned on the spot.

But later I breathed a sigh of relief when I saw that 1500 shares were traded for only 630 yuan. After all the losses, it was okay and acceptable.

As a result, that night, this guy was in a car accident while delivering food during rush hour. Not only was he in a coma for three months, he also suffered amnesia. It can be said that his fate was extremely tragic. Now he is still working outside.

At this moment, he finally remembered something.

It was around 14 p.m. and there were no takeout orders, so he took out his mobile phone and logged into his stock app.

"hiss--"

After logging into his account and seeing his account information, the guy was stunned for a moment and took a deep breath. He looked at his stock account and couldn't believe his eyes. The amount of assets in the account was actually in eight digits.

Is there a display bug?
My buddy was stunned on the spot, and subconsciously thought that there was a display bug. How could there be assets worth tens of millions?
He refreshed it several times and found that the number did not change. At this time, this guy still thought it was a display bug. He now used the third-party platform Tonghuashun to log in, and then logged in again on the brokerage APP to have a look.

When he logged in and saw that the account balance was still in eight digits, he was stunned again, and his breathing and heartbeat began to speed up.

Could it be that?
After struggling for more than ten minutes, he finally confirmed that this was not a display bug, but that he accidentally spent 8 yuan to buy 630 shares of Lingjing Technology at a price of 0.42 yuan at the end of August last year.

At this moment, the account shows that the number of shares held is 150000 shares. Because Lingjing Technology previously had a high dividend and share transfer, which is equivalent to a 1500-for-15 split, the shares he originally bought have now become shares.

Today, Lingjing Technology hit a record high for two consecutive days, with its share price rising to 221.37 yuan. The market value of the 15 shares he held reached 3320.55 million yuan, and the cumulative yield reached an incredible +5270614.35%.

他去年8月底意外买了630块钱，复权后现在足足翻了5.27万倍，630块钱变成了3320万。

At this moment, this guy's heart was excited, his hands were shaking, but he was also afraid that this was an illusion.

He suddenly slapped himself to make sure it wasn't an illusion, and he didn't care when people around him looked at him strangely.

“Is this the turn of events after being unlucky to the extreme…” He looked at his account and copied the lowest price of Lingjing Technology in a daze. He was absolutely convinced that if he had not lost his memory due to the car accident, even if he had accidentally bought it at the lowest price, it would have been impossible for him to get it 5.27 times more than it is now. This was purely a gift from God, not something he was good at.

……

(End of this chapter)