Black technology: a super empire spanning two worlds

Chapter 221 [Epic Remote Linkage]

Seeing Xiao Yu still so calm and composed, Xu Changming felt suspicious. He didn't know whether he was really so calm or just pretending to be calm. He didn't know what to say for a moment.

After a while, Xu Changming spread his hands and said, "Since you are so calm, I have nothing to panic about. It's just that investors feel like the sky is falling when they see this news. The company's stock price has been hit hard."

Hearing this, Xiao Yu said disapprovingly: "As long as it does not affect the operation of Lingjing Technology."

If we talk about the potential negative impact of Xiao Yu's layout, it is that it will cause the stock price of Lingjing Technology to plummet and investors' confidence will be shaken.

If the sudden rise of Cyera-AI in the field of artificial intelligence did not cause much impact on the stock price of Lingjing Technology, then this time when Xiao Yu controlled his stand-in Peter Vitas to announce a huge breakthrough in the field of graphene was different.

Because the graphene business is currently Lingjing Technology's absolute core business, accounting for an absolute proportion of the company's revenue and profits, its biggest moat is its global monopoly on supply, and there is no manufacturer that can replace it.

Now that Cyera-AI has made a major breakthrough in this field, the valuation logic of Lingjing Technology has to change for the capital market, and the current price-to-earnings ratio of 235 times has suddenly become scary.

The reason why the company was able to support such a high price-to-earnings ratio before was that everyone expected the company's high growth to continue. But once substitute manufacturers appear, can such high growth be maintained?

Xu Changming said in a deep voice: "Although the stock price fluctuation will not affect the company's specific operations and development plans, our company's stock is now the base camp of retail investors. More than 1300 million retail investors hold our company's stock. It is better to appease market sentiment and boost investor confidence."

Hearing this, Xiao Yu shook his head and rejected Lao Xu's suggestion, saying, "We can't do this. If we really do this, we will be set up, and people with ulterior motives will think that you care about the rise and fall of stock prices. In the future, we will be led by the nose by the capital market. If we appease them once, we will have to appease them countless times, which will make us very passive."

Xu Changming nodded when he heard it: "That's right."

The company's business is gradually expanding. With the recent major technological breakthrough in intelligent medical operating tables, Lingjing Technology still has many growth points for future performance. In the long run, the single nature of the company's business will gradually change.

Xiao Yu was not worried at all, not to mention that all this was part of his plan. The West would never dream that Peter Vitas, whom they now cherished, was just a substitute controlled by Xiao Yu.

As for the stock price of Lingjing Technology, it will rise again as much as it fell. It is only a matter of time before it reaches a new historical high. On the contrary, a sharp drop is a great opportunity to buy at the bottom.

……

However, the capital market at this moment was hit by the news, and the stock price of Lingjing Technology plummeted today.

It opened low and continued to fall in the morning, with almost no rebound throughout the day, and finally closed down -12.61% to 195.84 yuan. The market value fell back to 16.99 trillion yuan, and the transaction volume exceeded 2000 billion yuan.

In the first four days of this week, the company's stock price did not continue last week's strong bull market and hit a record high in one go. Instead, it adjusted on Monday and Tuesday, and rebounded on Wednesday and Thursday. Investors thought that it would hit a record high in one go on Friday.

As a result, no one expected that such bad news would suddenly appear at this critical juncture. Today, a big negative line directly poured down, and funds obviously fled in panic.

The confidence of many profit-taking funds has been shaken. Not to mention the short-term funds, all are running away. Even some value investors who want to make long-term investments are a little panicked today, and a lot of them have fled today.

With the emergence of this big negative line, judging from the technical chart, the trend of Lingjing Technology has also become very bad. It looks like a cosmic-level double top pattern no matter how you look at it.

After today's big drop, the stock price continued to fall in the following August, and the previous gains were all lost. At one point, it fell back to 170 yuan, and the market value fell back to 14.75 trillion yuan, with a cumulative market value of more than 5 trillion yuan evaporated. During this period, Xiao Yu did not pay attention to the stock trend of his own company in the capital market, but implemented it according to his established plan. During the period when the company's stock price continued to fall, he controlled his stand-in Peter Vitas to continue to release good news about Cyera-AI.

At the end of the month, Cyera-AI released a major announcement stating that a new mass production technology for graphene has been verified in the laboratory, and the production cost is expected to be reduced to about seven times the price of Lingjing Technology's products.

The Beijing Mei capital market was in a frenzy. This news stimulated Cyera-AI's stock price to soar, breaking through the 2 trillion US dollar mark. Its market value surpassed Lingjing Technology and became the most popular stock in the global market this year.

Moreover, it has created a capital myth even crazier than Lingjing Technology. In less than three months after its listing, Cyera-AI's market value has skyrocketed from US$265 billion at the time of issuance to the current US$2.16 trillion, with a cumulative increase of +8050%, an increase of more than 80 times.

Peter Vitas' personal net worth also soared to $3300 billion, firmly ranking first in the world's richest list, $1500 billion more than Elon Musk.

The European and American media and the nephews at home are all celebrating. Peter Vitas and the Cyera-AI company he founded have been praised by them, saying that they are super geniuses that are rare in three hundred years, etc.

As a person from a big oriental country, Xiao Yu did not report it so much when he first developed graphene mass production technology and was far ahead of the world in AI. Not to mention those things that happened a little further away, even when Lingjing Technology recently announced a major technological breakthrough in its smart medical operating table, these media did not report it so vigorously.

But one point can also be seen from this, that is, in the field of media, the West still holds a strong initiative in the global arena.

Xiao Yu, the person who was the real driving force behind all this, just watched silently. This was the effect he wanted to see.

At the moment, Xiao Yu and Peter Vitas are undoubtedly the two most popular figures in the global technology and capital circles. They are often mentioned by the media, discussed and compared by countless people, and of course there are also online battles between them.

One is from the Eastern world, and the other is from the Western world, so comparisons are bound to be inevitable. At least the supporters of both sides have been trying to determine who is better on the Internet. The atmosphere is full of gunpowder, and the heat can be said to be explosive.

This scene and the fast pace made it seem as if the two people were mortal enemies, which made Xiao Yu laugh and cry and feel helpless, and he, the person involved, almost believed it. The audiences on both sides liked to force drama, and no one would think that the two people were essentially the same person.

Looking at the rhythm all over the sky, Xiao Yu also decided to make a splash and direct and act out a remote and interactive business promotion.

At the end of this month, Xiao Yu controlled his stand-in Peter Vitas to post a tweet on the Internet to evaluate Xiao Yu. In this tweet, he generously boasted about Xiao Yu's achievements and called them great.

Then, Xiao Yu himself logged into his Weibo account and posted a blog post, showing great confidence. He expressed his happiness about the rise of Peter Vitas and congratulated his company on breaking through the market value of 2 trillion US dollars. He also said in the post that this is good, otherwise being too invincible would also be a kind of loneliness.

Full of confidence belongs to yes.

Wow, this is a big deal. Netizens from all walks of life are calling it an epic collaboration, saying that this is the mutual respect between big guys. Who said they don't get along with each other?

The conversation between the two big guys over long distance made the situation even hotter.

……

(End of this chapter)