nashuaworldcup #429 - Chapter 429 The third round of sales ban! Stock prices plummeted, and the hope and despair of
#429 - Chapter 429 The third round of sales ban! Stock prices plummeted, and the hope and despair of
"U.S. dollars."
Li Ju added two words.
The money Chen Hao earned mainly came from two sources.
One was shorting U.S. stocks.
The other was auctioning off technical data.
Product sales profits, on the other hand, weren't much.
The two most profitable aspects were both denominated in U.S. dollars, making conversion troublesome.
Clatter!
The China cigarette in Chen Fuhai's hand fell to the ground.
U.S. dollars?!
That would be…
He stared blankly, counting on his fingers.
Suddenly!
Xia Qingyan rushed in, nodding to Chen Fuhai and Li Lan: "Uncle and Auntie, I'm sorry… I have something urgent to discuss with Chen Hao!"
"Sis, what's wrong?"
Everyone here was family, so there was no need to use official titles.
"Dell, HP, Acer, and other computer company presidents are calling, wanting to meet and discuss purchasing chips!" Xia Qingyan said in a deep voice.
Chen Hao smiled.
"And!"
Xia Qingyan smiled as well: "Nikon, Canon, Intel, AMD, etc., any company related to lithography machines and chips, the world's largest companies, their stock prices have started to plummet—the lowest drop exceeding 10%!"
Chen Hao smiled even more happily.
Has it begun?
But, it's only just the beginning, the plunge is still to come!
News needs time to spread, doesn't it?
"Xiao Hao…"
Chen Fuhai had been in business for many years and still had some insight: "Do you… have any relationship with these companies?"
"I'm shorting their companies."
"Ah?!"
"U.S. dollars."
"…"
Chen Fuhai almost passed out.
He felt that he had been hiding things and being secretive for the past half year, which was ridiculous.
Just a poor man.
What was there to hide?!
…
Globally, it was boiling!
A combination of punches caught North America off guard.
Performance test videos bombarded the global internet.
Hundreds of millions of people watched.
At the same time.
Genesis Century announced that it would no longer use North American chips and would switch to domestically produced Chinese chips.
The most deadly thing was…
Genesis Century's laptops, in terms of thickness, clarity, appearance, etc., were already the best in the world.
Now.
With the support of a 70nm CPU, the performance was even more outstanding!
In this situation, the price was reduced by a thousand.
What concept was that?
All other computer companies were dead!
How to regain competitiveness?
First of all.
You have to have the same level of chips, otherwise, you have no competitiveness at all.
As a result, major global computer companies all boarded chartered planes and flew directly to China.
Not just computer companies?
There were also major chip manufacturers.
The White House.
"F*ck!"
The President's face was livid.
He smashed the cup.
He threw away the folder.
He smashed the things on the desk to the ground one after another.
Fortunately, the oak desk was very heavy.
He wanted to overturn it, but couldn't move it.
A few days ago, he confidently declared that Chinese chips were fake news.
Claiming that no one knew China better than him.
This slap in the face…
Came too quickly!
"Mr. President, what do we do?" The Secretary of Commerce had a bitter face.
What to do?
The President gritted his teeth: "The despicable and shameless Chinese, I will make them pay the price!"
Why not honestly produce clothes, socks, and toys?
Why enter the high-tech field?
Don't they have the awareness of being a sweatshop?
Damn it!
They must pay the price!
"Computers, it's not just the CPU."
After a moment.
The President revealed a smug smile: "We can import their chips—while issuing a sales ban!"
"Core components other than the CPU are absolutely not allowed to be sold to China!"
Nine Heavens Electronics has high-performance hard drives and memory?
China has developed top-notch CPUs?
Not enough!
Without graphics cards and motherboards, see how you produce computers!
"But…"
The Secretary of Commerce frowned: "Will China therefore ban the sale of chips to us?"
You've banned sales to me, can't I retaliate?
"Do they dare?!"
The President grinned: "No one knows business better than me! That damn sweatshop has too many low value-added products that need to be dumped into the European and American markets, such as cheap clothes and toys."
Today, China is far less powerful than in later generations and has not yet become the world's factory.
Many countries can replace those low value-added products.
You dare not sell chips?
Ban all your other low-end products!
It must be admitted.
The means by which China can check and balance Europe and the United States are ultimately only in a few fields.
Conversely.
The European and American markets are a part that China cannot give up, otherwise, export trade will be over.
In terms of business, this President of North America's understanding is indeed very clear.
…
The emergence of domestic chips.
There are three types of companies that are directly affected.
One is computer companies that need high-performance chips.
Such as Lenovo, Dell, HP, etc.
The second is companies that produce chips.
Such as Intel, AMD, IBM, etc.
Computer companies want to buy advanced chips, while chip manufacturing companies need to introduce the most cutting-edge lithography machines—these companies will be affected, but as long as China is willing to sell, there is no survival crisis.
But!
There is one type of company that has no way out.
That is…
Lithography machine manufacturing companies!
Canon, Nikon, and ASML executives held high-level meetings at the first time, requiring the process accuracy of lithography machines to be improved in the shortest possible time.
You need to know that China's lithography machine is developed by central enterprises, and it is impossible to force the other party to sell technology.
In the next few days.
Lithography machines, chips, computers, and other companies were all in the midst of a huge wave.
Some were seeking technological breakthroughs.
Some were eager to find a way out.
What about Chen Hao?
He was quietly doing research and development, occasionally glancing at the stock prices of those related companies on the computer screen.
Lenovo.
Because Chen Hao spoke, it was destined not to be able to buy domestic chips, not to be able to buy Nine Heavens Electronics products.
It will be completely out of the competition!
At the end of the second quarter of 2001.
In Chen Hao's previous life, Lenovo's stock price was falling.
Today.
Faced with the most deadly news, coupled with huge amounts of funds fully shorting, the stock price plummeted from about 1.6 to less than 0.2!
The key is, it's still falling!
Intel, AMD, and IBM are also falling, but the decline is not so exaggerated.
These companies announced at the first time that they would go to China to seek to purchase cutting-edge lithography machines.
This gave shareholders some confidence.
But!
Lithography machine manufacturing companies are miserable.
The drop was so bad that even their mothers wouldn't recognize them!
Although the company's senior executives stood up to respond at the first time, claiming that they were fully investing in research and development, and the next generation of lithography machines would be launched soon, but… this thing is an empty check, God knows when it will be launched?
Chen Hao didn't dare to continue to drag on.
Too much leverage was added.
If the short-term fluctuations are too large, it may also be forcibly liquidated.
He was talking to General Wang on the phone: "Immediately notify the hidden chess pieces to close the net in Europe, America, Japan, and South Korea, and I am also preparing to harvest."
"What about Lenovo?" General Wang asked quickly.
Lenovo is listed in Hong Kong.
Should we close the net?
"No need."
Chen Hao shook his head: "Lenovo has not added leverage, completely kill it!"
Lenovo's market value is only two or three hundred billion Hong Kong dollars.
Small thing!
For other companies, it is purely for harvesting and making money, but for Lenovo, it is for… completely killing it!
Without leverage, unless the stock price rises sharply, there is no risk of liquidation.
The call had not yet ended, and the satellite phone rang: "General! European friends have arrived."