Chapter 389: Chaos
On the day of Supor's break, a news suddenly appeared on the Internet that the registered users of Tsingshan Forum exceeded 3 million, and the daily active users exceeded 300,000.
The news did not cause any fluctuations, today's Internet, forums are niche markets, not to mention compared with the three major portals, not even the second echelon.
QQ is certainly incomparable, slightly inferior such as Langma UC, less than a year after its launch, the number of registered users has exceeded 80 million, and the highest number of online users has exceeded 600,000.
Outsiders don't care, but Chen Qiaoshan is extremely excited, and the plan has begun to bear fruit.
In half a year, Tsingshan Forum has grown from scratch and accumulated millions of users, which is already quite an amazing achievement at the moment.
Chen Qiaoshan is very confident that it is only a matter of time before he catches up with the world.
As the broader market declines, it is only a matter of time before it bottoms out, which is a rare golden period for China's stock market and a once-in-a-lifetime opportunity to buy the bottom.
At the same time, EB2. 0 is just around the corner, portals have begun to weaken, and social networking services are gradually emerging.
Chen Qiaoshan knows that now is the last outlet before the mobile Internet, and it would be a pity if he missed it.
Rebus once said that pigs can fly when they stand in the wind.
Chen Qiaoshan doesn't think so, there are 200,000 professional code farmers in Zhongguancun, and there are countless Internet people, and only a very small number can fly to the sky after all.
There is a distance between reality and ideals, entrepreneurship is to struggle above reality and ideals, and success is only a small probability event.
Chen Qiaoshan wanted to seize the opportunity, but he lacked funds, although he still had millions in his hands, but this amount of funds was really not enough.
Chen Qiaoshan knows in his heart that the forum market is about to usher in fierce competition, and burning money is inevitable.
Not surprisingly, Chen Yizhou is about to wholly acquire Maopu, and Tianya will also receive technical and financial support from Google, which will make the Tsingshan Forum, which is sandwiched between the two, quite embarrassing.
Chen Qiaoshan also thought about looking for financing, but he had no connections or background, and the prospects of the product were unclear, and the possibility of getting a large amount of financing was basically zero.
……
Jia Yinan reacted very quickly, and on the same day, the news that the Teflon coating contained carcinogens was reported, which went beyond the scope of finance and quickly attracted widespread attention.
At the same time, NetEase suddenly issued a revenue warning, which said that NetEase's wireless revenue and personal customization business profitability in the second quarter will decline sharply.
At first, the news did not attract attention until Chen Qiaoshan intervened.
It was an opportunity and the last straw that broke the camel's back.
Shortly after the news was released, a new post appeared in the financial section, "Beware of intensified competition in online stocks, leading to the collapse of the industry"
In the article, Chen Qiaoshan made an analysis of NetEase's early warning, and he boldly said that overseas investors have lost confidence in the SMS market, and NetEase chose to release negative news at this time, which was accused of suppressing competitors.
This is basically provoking trouble, of course, Chen Qiaoshan is not without reason.
Who in the circle doesn't know, in two days, the air network will be listed in the United States, if it is really as the article says, NetEase is firing at the air network, then the movement of this matter is a bit big.
Airnet was established in March 02, obtained the Internet content provider license in April, became the first batch of content providers in China Mobile in May, and went to the United States for IPO in 04.
From the establishment of the company to the launch of the listing, it took only two years and two months, creating a record of the shortest time for a Chinese enterprise to be listed on the NASDAQ, and Zhou Yunfan also became the youngest boss of a domestic listed company.
In the mouth of Qiao Shan of Peking University, NetEase is falling into the trap and taking the initiative to decline the SP business, which will be a fatal blow to the air network, because they have no other projects except wireless value-added and MMS services.
As for NetEase itself, the focus has long been shifted, the grand rise is eye-catching, and the success of Fantasy Journey to the West has also allowed NetEase people to find the right profit point.
After all, this is just a speculation, and some people in the industry have noticed, but no one has taken it seriously.
As for the parties involved, either Internet portals or wealthy upstarts, the reaction was surprisingly unanimous, and no one paid attention to Chen Qiaoshan, a turtle forum's post, and ignored him.
But things are often just like that, and when the U.S. stock market opened that night, China's network concept stocks plummeted.
Among them, NetEase took the lead, the stock price plummeted by 11.75%, Sina fell by 10.18%, and Sohu fell by 5.33%, the only one that was spared was the main game business, Shanda, which did not fall because it did not involve SP business, and the stock price rose instead of falling, up 1.69%.
The news was transmitted back to China, and many people woke up to it, it turned out that what was said in the post was true, and these companies all made NetEase's self-explosion pit.
Thinking of Qiao Shan's article in Peking University, NetEase suddenly became the target of public criticism.
Sina couldn't sit still at first, recruited whoever provoked whom, and without doing anything, the market value evaporated by one-tenth, and it was naturally extremely annoyed.
A vice president of Sina said in an interview that he agreed with Peking University Qiao Shan's point of view, and NetEase released bad news at this time to suppress competitors.
TOM Online, which was also deeply affected by the collapse of its stock price, reacted more strongly, issuing a public statement condemning this irresponsible behavior, and more bluntly saying that NetEase's early warning may make overseas investors lose confidence in the domestic Internet industry.
The Internet bigwigs have repeatedly expressed their positions, which is quite a bit stormy, but NetEase has remained silent from beginning to end.
Immediately afterwards, an explosive news suddenly spread, in view of the negative impact of NetEase's financial report warning, Airnet was forced to make a decision to postpone the listing date, and postpone the listing date in the United States by one day, in order to reduce unnecessary losses.
NetEase finally couldn't sit still, and Boss Ding personally came forward to clarify that he did not maliciously damage the market, and the reason why he issued a performance warning was because the shareholder structure was dominated by foreign investors.
Because of the falsification of the financial report, NetEase almost delisted from the NASDAQ in 01.
This financial warning is completely in accordance with the international general practice, who knows that the basket was stabbed, and was also deducted a big hat by Peking University Qiaoshan, Boss Ding was also very aggrieved, he swore that "Peking University Qiaoshan's remarks are irresponsible, NetEase has not given up the plan of SP business, nor has it the intention of suppressing competitors, we reserve the right to pursue its legal responsibility." ”
As soon as the news came out, the market was lively again, NetEase and Tsingshan Forum were not an order of magnitude opponent at all, and the entire studio panicked, this was really a disaster, and he didn't earn a penny, so he was targeted by the former richest man.
Wang Sifeng is very anxious, Kang Sheng is fighting a lawsuit with Sina, and now he is still in the cross-examination stage, and he is getting into trouble with NetEase here, Chen Qiaoshan is not big enough to provoke chaos.
After waiting for two days, NetEase didn't follow, I thought that the matter would pass like this, but it turned out to go wrong again.
The IPO of the air network was postponed for a day, but it still did not escape the crisis.
The air network issued 10 million shares at an issue price of $10, the lowest point of the pricing range, with an opening price of $10.25, which broke shortly after the opening, once falling to $9.75.
The news of the breakage of the air network was transmitted back to China late at night, and all parties who paid close attention to the progress of the matter were very worried, and everyone realized that the crisis of Chinese concept stocks was coming, and under pressure, all parties were planning self-rescue plans.
On July 11, Thousand Oaks Group announced that it had wholly acquired Maopu and reached an agreement with Microsoft, and Maopu officially became an MSN partner.
On the 12th, NetEase broke the blockbuster news, Sohu and Sina competed for quotations for the Tianya community, and the two portals competed for the community forum was exposed.
Overnight, Internet people were shocked to realize that the originally niche forum had become the target of capital.
The most embarrassing thing is the Qingshan Forum, which was originally in full swing, but it was trampled on by Maopu and Tianya Community.
Chen Qiaoshan was not too surprised, in front of capital, everything else is false, he knew in his heart that if he couldn't grasp the opportunity this time, the Qingshan Forum would never have a chance again, his idea was very simple, that is, to try to make a fortune from this crisis, that's all.