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Chapter 124: Follow-up Impact and Response

No one would have thought that the only thing that caused the disaster in the US stock market to the global stock market was the launch conference of Huasheng Group.

It is worth mentioning that although China has received the influence of the "panic index" and was also hit hard after the opening, since Huasheng Group is a genuine and purely Chinese-style technology company with a pure Chinese bloodline, the impact of the stock market is also a market behavior, because investors are now keeping a close eye on Huasheng. Once a mainland company reaches cooperation with Huasheng in the field of graphene, it will immediately stage a counterattack.

Obviously, graphene materials and a series of core high-end technologies under Huasheng Group are strictly protected by the state, so foreign technology companies are not so good. Samsung Electronics and LG Group are in tears. If Huasheng Technology announces the large-scale provision of graphene flexible screens to the industry, the blow to these two companies will definitely be disastrous.

Against this backdrop, global technology stocks are in a state of tragedy.

The five largest super technology giants in the U.S. stock market, Facebook, Apple, Amazon, Netflix, streaming video service provider, and Google's parent company Alphabet, are all in a state of "falling" situation. US technology stocks have suffered a heavy blow, which is also accompanied by the sharp decline in value of domestic and foreign technology giants.

Amazon founder Jeff Bezos's net worth has shrunk by $9.7 billion, making him the worst big shot, but his wealth is still $115 billion, firmly ranking as the world's richest man, and a huge gap of $30 billion is to open the second place.

Following closely behind is Facebook founder Mark Zuckerberg lost $8.4 billion in one day; Google's two co-founders Larry Page and Sergey Brin's assets shrank by $6.5 billion and $5.7 billion respectively, the same as Oracle founder Larry Ellison's losses.

The relatively small loss is Microsoft founder Bill Gates, whose assets have shrunk by only $2.9 billion, and domestic technology tycoons have also suffered heavy losses, especially for companies listed in the United States and listed in Hong Kong, whose assets have shrunk by no means much better than those of American technology tycoons.

The global technology tycoons' wealth losses on that day exceeded US$125.2 billion, equivalent to the sum of the personal wealth of the world's richest man Jeff Bezos.

Within one day, the richest man in the world is gone!

Today, the global stock market plunged, and global investors were in sorrow that they caught up and surpassed the financial crisis 12 years ago.

This is the preliminary interpretation of the impact of the birth of the "King of Materials" on the world. At the same time, the potential value of this company of Huasheng Group has also been contrasted.

Unlimited and difficult to be valued.

If Huasheng Technology is a listed company, it is estimated that if it wants to create an unprecedented historical record in the stock market, it will inevitably lead to a huge slump and soar up to 90,000 miles. That picture...

But what made investors and the capital market beat their chests and stamped their feet was that Huasheng was not listed.

...

Taoling Town, Huasheng Headquarters of Penwei.

In the senior conference room within the company, a group of senior executives of Huasheng Group, Li Chuan, Li Ruolan, Qiao Hongwen, Zhuang Zeyu, Zhong Hao and Li Yao, etc. were all included.

Qiao Hongwen forced a smile, but said with an uncovered amazement: "Today's news is a bit scary. To be honest, I can't believe that Huasheng Group has such a terrible influence."

A group of executives nodded deeply in agreement. Today is August 22. According to this situation, US stocks will most likely fall for three consecutive days until the 24th. This is the premise of the White House's emergency response.

"Did we offend all the high-tech companies around the world?" Zhuang Zeyu, CEO of the subsidiary Huasheng Electronics, said in a relaxed tone, but his expression was not natural, and he was a little panicked. In fact, everyone is almost the same, so Lao Qiao is calmer.

"This is not the case." Li Chuan said with a smile: "After all, it is caused by graphene. Everyone is not ready yet. The market will cool down. We don't plan to hold on to graphene monopoly to compete with them for business one by one. If Apple decides to kick off Samsung and instead comes to me, Huasheng, to seek cooperation and purchase our graphene flexible screen as the screen of iPhone phones. We are happy to do this business with Apple. Why don't you make money?"

The true core competitiveness of H1S mobile phones does not rely on graphene materials at all. With raw materials, it is only the first one. A series of hardware developments such as graphene battery technology, graphene chip technology, etc. all require research and development.

This aspect is the real core technology, and it is impossible for Huasheng to provide it to the outside world.

"With that being said, our attitude is like this, but the export of new graphene materials depends on whether the country is accurate. If it is not accurate, we can't do anything. Even if Cook comes to the door in person, there is no way." Li Chuan said relaxedly:

"But you have to understand that even if Huasheng really offended technology companies around the world, it's nothing. What's the point? Behind the American technology giant is an America, a world's first-class power and a strong country; behind Huasheng is also a world's first-class power and a strong country. So Huasheng Technology only needs to be aware of one thing, backed by the country, follow the national strategy, and don't conflict with national policies. There is nothing scary about ghosts and monsters. We may have settled some problems without even realizing that the superiors have."

Everyone nodded slowly. Indeed, business is to be done, money is to be made, and company is to be continuously developed, but the premise is that the interests of the country are above everything else.

The matter of principle must be clarified.

"Chairman, this global stock market crash has also had a huge impact on us. At present, the sales of H1S will definitely not be as expected." Zhuang Zeyu pondered, expressing concern.

Li Chuan nodded and said, "Under the background of economic globalization, the larger the size, the less we cannot stay out of it. Huasheng Technology's current size and influence cannot be immune to its own strength."

The biggest shock of global stock markets is the shrinking assets of technology giants, but the real impact on those giants is not big, it is just a change in numbers, just like Jeff Bezos, who has the worst asset shrinkage, is still the richest man in the world, and still has a huge net worth of more than 100 billion US dollars.

The real impact of the vast majority of ordinary investors, especially retail investors, is that the global stock market plummeted and the assets of countless ordinary people have severely shrunk, which is directly or indirectly reflected in purchasing power. Li Chuan can be regarded as "shotting himself in the foot."

In other words, at this time point, it is exactly the day when the H1S mobile phone in Huasheng Technology is launched, and there will definitely be an impact on sales.

"Fortunately, the impact in China is relatively small, and the current market purchasing power in Greater China is also the world's largest, which is also good news." said an executive.

Qiao Hongwen thought for a while and said, "There are still twenty days left before the release date on September 12. This time, a big thing can be done. This big news was caused by Huasheng. We can't just eat coptis chinensis. Maybe we can consider the method of 'curve rescue'."
Chapter completed!
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