March is a delicate time, the Spring Festival has passed, the climate is warmer, and everything is recovering. People who are running for life are once again leaving their hometowns and returning to the cities where they work. Students are also officially opening their doors to face the new school year.

Both people, animals and plants see March as the beginning of a new year.

Sosou Blog sprung up in early March and attracted attention in a unique way. Not only are there all kinds of celebrity platforms and "peaches" eye-catching, Sosou Blog has also held a variety of lottery activities for registered users, with prizes ranging from accessories to home appliances and even cars, due to the high winning rate, so a large number of users have been lured to participate.

In addition, Sosou Blog also hyped up its upcoming "Beauty in Sosou" competition, which is an online beauty pageant different from the Zhouguang Blog School Flower Contest, with the theme of allowing users to collect beauties around them, and then post their photos on Sosou Blog, so that other netizens can vote for their favorite one.

This ingenious activity made many netizens can't help but be curious to register an account for Sou Blog, because this model of digging out beauties for all people can make users have a strong sense of participation, which is much more attractive than simple voting.

By opening up the situation in the blog field, Soso.com's stock price on the Nasdaq rose again, which also gave investors a lot of confidence and bought Soso.com's shares.

After Fang Tianwu and Huang Jinshu knew that Sosou Blog was going to carry out this activity, they couldn't help but praise Soso.com for being worthy of its reputation, and there were still many talents in it.

The search blog here is in full swing, and the wing network over there is also gearing up to enter this field, because the wing network is very clear, if it wants to die, the search blog will gain a firm foothold, and then form a situation of competition with the Zhouguang blog, and it will be difficult for the blog market to accommodate the third force.

It is also one of the four major portals, and it is also listed on the NASDAQ in the United States, and the strength of Yiwang is not much inferior to that of Soso.com. Before the launch of this winged blog, the propaganda offensive was raging. Rolling advertisements on the portal of e-Net, the prime advertising hours on each David TV, and the outdoor advertising boards in many cities are all promoted by e-Net blogs.

Just when many people in the industry believe that the situation of Zhouguang Blog's dominance will be broken immediately, and the domestic blog market is about to usher in the trend of the Three Kingdoms, unexpected changes have come suddenly.

The President of the United States and the Prime Minister of the United Kingdom jointly announced that in order to improve the efficiency of human stem cell embryo research, companies working on this biotechnology should publish their results and accept free use by public research institutions.

The news immediately shattered many biotech companies around the world, with a number of NASDAQ-listed biotech companies in danger of bankruptcy, and the collapse of the biotech sector due to a plunge in stock prices.

Originally, this was only a small-scale event in the biotechnology sector, but the online sector, which also belongs to Nasdaq technology stocks, was also affected by a domino effect, and the stock price fell across the board.

For three days in a row, the Nasdaq fell by more than a hundred points.

In order to join this money hunt, many capitals put on the skin of Internet technology, and casually operated a few projects that were not actually profitable at all and rushed into the financial market to feast.

In order to eat more money, these capitals do not hesitate to use high leverage to operate, so that both their own and investors' risks are infinitely increased.

Their fragile risk tolerance makes them extremely vulnerable to being overwhelmed by the wind, not to mention this kind of collapse that doesn't look like a petty fight.

Not to mention falling by 100 points a day, even if it is more than 10 or 20 points, those investment banks and securities companies on Wall Street will force the financiers who borrowed large sums of cash from them to enter the stock market and forcibly cut their meat and close their positions.

Cutting meat and closing positions will cause the stock price to fall, and then pull the entire Nasdaq downward, and then let investment banks and brokerages continue to force investors to close their positions, and so on, and the entire Nasdaq will not be able to pull it.

And these so-called financiers are not ordinary retail investors, many investment banks and brokerages are not satisfied with being bystanders, but also join this gluttonous feast, in order to get more funds, they will raise funds from other financial institutions.

The huge profits have made these capitals blind.

Even if they know that there is a bubble in the field of network technology, in order to make the last penny, they are superstitious that the plate will not be smashed in their hands, and they can always pass the plate to the last person.

Who would have expected this avalanche to come so suddenly, so that everyone was caught off guard.

What's more, although Wall Street is a global financial center, with elites and experts, there is no essential difference between these people and domestic aunts and uncles in terms of blindly following the trend of investment. Even because of their strong fund-raising ability, the losses caused by them are much greater than those uncles and aunts.

The vast majority of the so-called senior analysts and investment experts have not made valuable predictions, and they are no smarter than the general public.

As a result, this collapse of Internet stocks that implicated the whole world made it impossible for these people to escape.

It is said that there are many people who are icing on the cake, but in fact, there are more people who are keen to fall into the well, which is common all over the world.

At a time when the collapse of Internet stocks is inevitable, the well-wishers and the media that are not too big to deal with it have exposed a number of Internet companies with inflated market prices, pointing out that these companies have no way to make a profit at all, and the projects they operate are only in the concept stage, far from being realized, and many of those quarterly performance statements are fake, in order to attract investors to invest their money.

After these news spread, the situation of Internet stocks was even worse, and the fatal blow to Internet stocks was that a leading company in Nasdaq was asked by the US government to accept a monopoly investigation, and if the monopoly behavior was confirmed, the leading company would have to face the fate of splitting and collapse.

As a result, many companies' shares become worthless overnight.

It's like Soso.com and Yiwang.com, whose stock prices fell from the highest tens of dollars to less than one dollar at once, and their cliff-like plunge frightened many people.

Among these people, naturally there are also high-level executives of Soso.com and Yiwang.

Despite the time lag in the reaction of the domestic financial markets, the news of the Nasdaq quickly came back and caused turmoil in the domestic market.

Xiangjiang, which is also a global financial center, has been in mourning, and domestic Internet companies have also been beaten head-on.

Soso.com, which was supposed to make a big splash in the blog field, and Wing.com, which had not yet had time to launch its own blog on the market, were interrupted by this big change.

Besides, if they want to catch up with Zhouguang in the field of blogs, it is simply unrealistic to have strong funds as a backing, and they can only be driven out of this market by Zhouguang in the end.

As a result, the wing network blog, which had done an overwhelming advertisement, had no news at all, and the "Beauty in Sosou" of the search blog was also gone, and the netizens who were waiting to participate in this grand event were dumbfounded.

According to the strategy of Wing.com, it is to let itself get through this crisis first, and then plan the blog market. The same is true for Soso.com, first protect the foundation, and then talk about others.

It's just that they don't know that the bursting of the bubble of Internet stocks this time will have a blow and impact on global network technology for many years until the next big development of the Internet comes.

What's even more frustrating is that they have invited hundreds of celebrities to register on the blog platform before, and they have promised a lot of rewards, and these rewards are generally paid in two or three installments, and so far many people have only received the first installment.

After Soso.com suffered this major blow from Nasdaq, these celebrities were afraid that Soso.com would not have the funds to pay the rest of the payment, so they sought it back. Soso.com really transferred most of the funds to the financial market, wanting to save his company's stock price, how can he have spare money to deal with this group of celebrities who swing their tails with the wind.

The recovery failed, and these celebrities are not good men and women, so they immediately posted an article on the Sosou blog to bombard Soso.com, and then canceled the account on the Sosou blog, which can be regarded as a sign of breaking with Soso.com.

Entertainment superstars like Feng Shichuan all took care of their reputations, didn't make things so ugly, and didn't cancel their accounts in Sosou Blog, but that's all, it's not their responsibility to stand up for Sosou Blog again, or to send charcoal to Sosou.com.

The original Sosou blog that was born out of nowhere and the menacing wing network blog stole a lot of limelight blog, was criticized for having no reaction in the face of competitors, and sooner or later it was surpassed by latecomers, but now it gives people a kind of momentum of letting the wind and waves rise, sitting firmly on the fishing boat, what to do and what to do, not affected by the financial market at all.

Many people also said afterwards that the Zhouguang blog did not have an anxious operation and was really prescient, and it is estimated that the decision-making level of Zhouguang saw that the bubble of Internet stocks was about to burst, so they did not wade into this troubled water.

Some serious financial media are glad that Zhouguang was not tempted by the false prosperity of Internet stocks, and left a glimmer of hope for the domestic Internet industry in this financial avalanche that swept the world.

This is to see the Zhouguang blog as Noah's Ark in this great flood, and the Zhouguang side naturally does not dare to suffer, especially in a mournful network field, even if it is spared, it is still outstanding, and it is easy to attract people's eyes.

Even if it is difficult for network companies such as Soso.com and Yiwang to withdraw for the time being, those predators who have invested in them will probably also worry about Zhouguang.

Therefore, Fang Tianhu told Huang Jinshu and Gou Fugui that they must be low-key during this time, and avoid swaggering, so as not to be attacked by other people.

On the other hand, the collapse of Internet stocks across the board also made Fang Tianwu breathe a sigh of relief, thinking that he had made the right bet this time.

In addition to the two predators of Soso.com and Yiwang.com, which were dragged into the quagmire, and the threat in the blog field was completely lifted, Fang Tianvulture's gains in the financial market were also not small.