Reborn in 1991, helping dad become the richest man

Chapter 348 The collapse of the house speculators!

Sifanglifang will have a very famous name in the future.

Sina.

Lao Wang is the founder, but he is not the major shareholder because the source of funds was not his in the beginning.

At present, the news of the 6.5 million MiGold International Venture Capital has been posted online.

Tang Yichen saw it.

It is said online that this is the first domestic Internet company to receive international venture capital.

"Old Zhang is the first one!"

When he saw the news, Tang Yichen muttered.

However, Tang Yichen thought about it and felt that there was nothing wrong with the news.

Although the start-up capital Lao Zhang obtained came from abroad, it was not from a venture capital company, so it is not wrong to say that he was the first domestic company to receive venture capital. Tang Yichen put his chin in his hands.

He was wondering what Lao Wang would do next.

At present, Tang Yichen knows that Lao Wang is selling software developed by himself and also running several small technical forums.

However, that kind of technical question-and-answer forum definitely won’t have a lot of traffic.

Originally, after getting the funding, Lao Wang turned around and set up a news and sports forum.

But now this piece of the market has been taken over by Xiong Chen

Although the Xiongchen Forum is now almost becoming Tang Xionghua's personal forum, the forum team itself has signed cooperation agreements with several domestic news media and sports media, and they will update news and information on the forum every day.

In this case, it may be difficult for Lao Wang to come in and do this.

However, for this kind of thing, Tang Yichen could only say sorry silently in his heart.

The Tang family must occupy the most important position on the Internet, and on the road to this position, they will inevitably encroach on the business of these Internet giants in their previous lives.

There is no way around it, after all, there was no Xiong Chen in the previous life.

And if they want to use the extra Xiong Chen in this life, they have to occupy their original business.

As soon as the sun rose on the 3rd, news from the other side of the earth was transmitted back to the country.

In the Mi Empire's stock market, Wanhua's stock price soared.

When patent licensing is no longer a problem, when Wanhua Computer is launched and receives rave reviews, and when Wanhua Shopping Plaza opens perfectly.

After a series of data were exposed, it was reasonable for the stock market to rise accordingly.

It only took one night, which is one day in the American Empire.

The stock price of No. 1 only rose slightly back to 8.5 yuan. As the news spread to the Mi Empire, there was an influx of refugees.

This pushed Wanhua's share price closer to 10 yuan again, reaching 9.8 yuan per share.

Tang Xionghua's net worth has skyrocketed again.

However, Tang Xionghua and even Tang Yichen didn't feel anything at all about the surge or drop in their net worth.

Because no matter whether the price goes up or down, they actually can't see a penny.

These are fixed shares.

And unless something unexpected happens, Tang Xionghua will not reduce his holdings in Wanhua for at least the next ten years.

In this case, if the price drops, it’s still the same shares, and if the price rises, it’s the same.

The stock price only becomes important when you want to sell off your holdings to cash out.

The rest of the time, it only matters to stock investors.

On the 13th, Tang Yichen’s literature website received over a thousand visits on the first day.

On the same day, news about the Hong Kong real estate bubble appeared on the Xiongchen Forum for the first time.

"Last night in Hong Kong, someone jumped from a building out of anxiety. Before jumping, he left a suicide note on the internet!"

In the post, there is a screenshot and reposted picture of the suicide note.

Tang Yichen took a look and found nothing surprising.

This is a case of a real estate speculator who ran out of funds and was overwhelmed, so he went to this extreme.

"Oh my god, I didn't know until I saw it, I was shocked. Is Hong Kong really that crazy?

A house of 100 square meters costs more than 10 million yuan?"

"The people above don't have enough experience. Ten million is nothing. The luxury homes in Hong Kong are all on Victoria Peak. The houses there are really outrageous. Twenty or three hundred thousand per square meter is child's play. The top luxury homes on the mountain are 400,000 or 500,000 per square meter. The total price is easily hundreds of millions or even millions!"

"That's outrageous! I only make 800 yuan a month. If I were to buy an ordinary three-bedroom apartment in Hong Kong, I'd have to work from the Northern Song Dynasty until now!"

"It's refreshing to think about the world. Are we living under the same blue sky? Why do I only make 600 yuan a month, while one square meter of their house would cost me ten years of living without food or drink?"

……

In the posts, many mainland netizens were shocked by Hong Kong's housing prices for the first time.

For mainland Chinese, even for those internet users who are at the forefront of the times, Hong Kong's housing prices are still incomprehensible to them.

Of course, housing prices are linked to local wages, and Hong Kong’s wages are not comparable to those in mainland China today.

However, no matter what, when housing prices reach this level, wages will definitely not keep up.

Tang Yichen knew very well that this was just the beginning, and Hong Kong would be in even worse shape in the future.

The bursting of the real estate bubble will be very painful.

Many people's wealth will shrink significantly.

Of course, this is certainly milder than the consequences of the financial crisis.

Like Country T, its foreign exchange was compromised in one move, the country's economy was looted for decades, and the people's wealth depreciated sharply in an instant.

Even if the bubble of Hong Kong's real estate bursts now and it depreciates, the pain will only be temporary.

As long as you can hold on, the room will warm up again in the future.

With limited land, a large population and high income, the houses in this Pearl of the Orient are destined to become waste even if ordinary Chinese people cannot understand them.

Its value will only fluctuate, not plummet completely.

"Today, IDG actually asked me if our Xiongchen wanted to accept financing!"

In the evening, after Tang Xionghua came back, he talked about this with a smile while eating.

"Oh? How much is he going to give?"

Tang Xionghua raised a finger: "Ten million Mijin, a 20% stake!"

"He's so handsome!" Tang Yichen said with a smile.

What are you thinking about?

In the future business empire, you actually want to spend 10 million MiG to buy a 20% stake.

The dream is so beautiful!

Of course, Tang Yichen also knew that from the perspective of this era, 10 million MiGold and a 20% stake in a newly established Internet company was actually a great honor for them.

After all, how much did Xiong Chen invest?

I bought a server, found some people, bought some computers, and set up an office.

The total investment so far is actually only a few million, and the unit is RMB.

With an investment of several million RMB, you can exchange 20% of the shares for 10 million RMB in just a few months.

This is absolutely a good thing.

If Xiong Chen was not from the Tang family, but someone else, such as Lao Wang, Lao Zhang, or even the big and small Ma.

Now I can wake up laughing even in my dreams.

After all, from the perspective of this era, the future of the Internet is actually not very certain, and you can't think of more ways to make profits.

For example, the only way for Xiongchen to make profits at present is through advertising revenue.

But this was cut off by Tang Yichen.

Because Tang Yichen said to keep the website clean, and we don’t lack the advertising fees anyway.

So Xiongchen has not made a penny so far and has been operating at a loss.