People who don't understand stocks, if you look at Lenovo's stock price over the years, you will only feel the same as looking at an electrocardiogram, as if there is no difference?

But people who know a little bit about the line will blurt out a sentence after reading it.

Then I looked at it clearly, it turned out to be Hong Kong stocks, and I was relieved in my heart.

My big A-share stocks are listed, and they have not been speculated for a long time, and then reached a record high. But all the retail investors and receivers who are recruited do not wait for a five-year or ten-year bull market, and basically don't want to return to their capital.

What makes money?NO, NO, NO, IMPOSSIBLE.

How much sorrow can you have? Just like a full warehouse of oil...... Ask if you are still worried? Just like 2015, there is a full warehouse of god cars...... This is called crying without tears......

Thinking that he was also a stock speculator in later generations, He Zilong also recalled the memories of fear.

Thinking about the future generations, a netizen published a post entitled "Crying While Eating" in Chongqing Beer Bar, the content of the post is very simple, only a short sentence - I got home today, cooked some noodles to eat, cried while eating noodles, tears fell into the bowl, and the lights were not turned on. This shareholder did not complain, curse, grief, or hurt, but his sad and numb state, and his soul and body were vividly portrayed in just one sentence.

"No lights" is a true portrayal of the extreme atrophy and exhaustion of the desire for life after the deep spiritual trauma of the stockholders, and later "turning off the lights and eating noodles" was used by my country's stockholders as a way to express their inner pain in a self-deprecating way.

"The farthest distance in the world is when you are counting the limit, but I didn't win the lottery. ------- (no new shares)

The most iconic representative is for example, Storm Technology, "35 up limit, Storm is going crazy." ”

Baofeng Technology has been up and down, never stopping, issuing more than seven yuan, and now it has risen to more than 200...... (A buddy won the lottery and won the storm, immediately quit his job, and watched the thousands of funds in his position rise at home all day long)!

However, it is a pity that this does not happen with Hong Kong stocks.

Because of Hong Kong's new listing, the winning mechanism is completely different from that of domestic A-shares.

Compared with A-share IPOs, Hong Kong's IPO market has been burdened with a very high breakage rate. That is to say, in my China's big A, as long as it is a new stock listing, it will explode 100%, but it is just a difference in how much it rises.

However, in Hong Kong, a company's stock may rise when it is newly listed, or it may be lower than the issue price on the first day of listing, and it will go all the way down, which is miserable and is known as a break. (below the issue price)!

The reason is that compared with the market value of A-shares that need to be allocated and the winning rate of tens of thousands, Hong Kong stocks are more friendly to small and medium-sized investors. Not only does it have a low participation threshold and a high winning rate, but it can also use the stock collateral financing to subscribe for new shares.

In addition, there is no limit on the rise and fall of new shares on the day of listing, and the new stock is not a sure profit or loss, but a combination of benefits and risks.

This is the case with Lenovo's stock, which broke shortly after it went public in 1994 and then went all the way down, and some even called out that it might be delisted.

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One spring in 1992, an elderly man wrote a poem on the shores of the South China Sea.

The poem not only liberated the Chinese mind, but also attracted multinational computer giants IBM, Compaq and Hewlett-Packard...... They came to the Chinese market hand in hand, and the market share of domestic computers fell from 67 percent in 1987 to 22 percent.

"If you want to fight against foreign computer forces, I'm afraid that the only one who has the ability to resist now is Lenovo. If you look at it from a personal point of view, Liu Daxia's approach is right. But from a national point of view, he may not be 100% right...... Alas!" He Zilong, who put down the phone, sighed.

In the face of menacing multinational companies, Ni Daxia, then chief engineer of Lenovo Group, proposed that Lenovo independently develop chips.

Naturally, this proposal would be opposed by Liu Daxia.

The reason is that "with core technology, it may not be able to be sold, and only by selling can it be profitable". It has to be said that this point of view is correct from the perspective of businessmen, but in terms of long-term development, it is short-sighted. Short-sightedness is excessive!

Why did later generations of Chinese mention Huawei when they talked about China's pride? instead of mentioning Lenovo? The reason for this is self-evident.

Look at the later, ZTE was fined $1.4 billion because the chip was subject to the United States, seeing this, I don't know what it feels like to be a gentleman of the Chinese Academy of Sciences, and Mr. Liu Daxia and others?

"Forget it, say a thousand things and ten thousand, and now I can't affect the senior management of Lenovo, nor can I affect the Chinese Academy of Sciences. The development of the times naturally has its pace, even if it is a rebirth, it can affect myself and my family, even if it is good. As for the future, I still have to stand higher before I can have the right to speak. Lenovo, stock bottoming, spot bottoming, I'm not polite, well, maybe you can copy something else, hehe...... My side has become an electronics factory, and the Russian side is also engaged in computer companies, which is a bit interesting. ”

After sighing, He Zilong also found a lot of business opportunities.

Because it won't be long before Liu Daxia, who won the power struggle, cut the assembly cost of Lenovo computers by four-fifths in order to maintain the low-price advantage, shouting the slogan of protecting the national brand. Successfully lobbied the Ministry of Electronics Industry to support Lenovo in various procurements, and various media cooperated to render the patriotic enthusiasm of "Lenovo and the "Eight-Nation Alliance" to fight the market".

With Lenovo as the leading big brother, the Great Wall, Founder, and Sitong have reduced their prices, and domestic computers have achieved a counterattack with lightning speed, and successfully applied color to foreign products that covet the Chinese market, so that these gringos can also see, let's Chinese ...... Marketing prowess. Even if you lose money and only make a cabbage money, you have to fight the price war to the death.

At the end of 1995, the 100,000th Lenovo computer was produced, and Lenovo returned to the first position in China's market share. There were even supermarkets that opened, and the grand prize was originally intended to be a motorcycle, but later it was replaced by a Lenovo computer.

Because in the eyes of people who don't know how to trade, computers seem to be more advanced and more valuable, and only when they buy can they know that they are really much cheaper than motorcycles. At that time, Lenovo was really half-sold and half-sent, but the after-sales service was a little worse. Well!

No matter what he does, there are a lot of people who learn computer maintenance these years, and Lenovo computers are said to be famous brands, but insiders who TM don't know, most of them are assembled goods. Processors, hard disks, graphics cards, and master versions are basically foreign. The display is a low-end product of South Korea's Samsung, right?

What did Lenovo produce? But find an OEM factory, produce a little bit of a shell, a little bit of a keyboard and a mouse, and then assemble it.

But then again. In fact, to produce a commodity, it is not necessary to produce all the parts yourself, as long as it is cheap, it is fine. After all, the domestic public in the nineties, the level of playing with computers, that is called the level of a primary school student. The basic hardware is enough to fool everyone!

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