Chapter 782 Li Huang in the Midst of Big News
At this moment, Li Zai Rong suddenly felt an impulse of regret in his heart.
"If I lead Hanxing Electronics to completely accept all arrangements of Jiuzhou Technology and make Hanxing Electronics the strongest subordinate of Jiuzhou Technology in the overseas market, can we survive this crisis?
Even with the help of Jiuzhou Technology and other Daxia forces, can we regain the shares snatched by Wall Street?"
This "heretical" idea, once it arose in Li Zai Rong's mind, was out of control, spreading wildly in his heart like wildfire.
The sense of oppression that Jiuzhou Technology's senior executives such as Gu Qing, Huang Chaoren, and Li You treated him with, the steadfastness and sincerity of Jiuzhou Technology in these years of cooperation, and the greedy tone and threats of Wall Street chaebols, are gradually pushing the heart of the former technology giant's head to the left.
On September 4, a piece of news that shook the global financial world made Li Zai Rong's heart tremble, and strengthened the idea of "defection".
Daxia, Xishu Xinke District.
Jiuzhou Technology Headquarters.
Gu Qing woke up from his deep sleep, and the dawn had just torn the darkness.
After entering the new stage of body optimization and transformation, Gu Qing has noticed that many strange changes have taken place in himself.
First, the sleep time has been reduced. From eight or nine hours of sleep a day, now only four hours of sleep a day is enough for the body and soul to adjust to a good state and enter a new day of work and study.
Sleep less, but the quality of sleep has become extremely good.
Secondly, the appetite has become very good. In addition to three meals a day, fruits are also needed, and the body's desire for protein and carbon water has increased.
After the mind is clear, Gu Qing has sorted out personal hygiene, and under the protection of An Hetang who "just happened to be at work", he trotted to the employee cafeteria of Jiuzhou Technology.
The intrigues and deceptions of the outside world, the strange situation of business wars and technological wars, did not affect the Jiuzhou Technology employees who were eating in the cafeteria at all.
Gu Qing also saw Li You, a good man who was "thrifty and housekeeping", waiting in line for breakfast.
Thinking that he had not been to the semiconductor department to care for everyone for some time, Gu Qing ordered breakfast and found Li You to share a table.
After greeting each other, the two of them continued to queue up and wait for breakfast in tacit understanding.
After ordering breakfast and sitting down, Gu Qing subconsciously took out his mobile phone.
Then he saw a piece of news that made him a little unbelievable, because there was no news or rumors about this matter before he traveled through time in his previous life.
Daxia Petroleum, Daxia Petrochemical, Daxia Life, Daxia Aluminum, Pudong Petrochemical Co., Ltd. and many other companies have successively issued announcements that they plan to delist North American depositary receipts from the New York Stock Exchange.
"Is this a statement to draw a line? Or is it a rebellion? Or is it a further demonstration of ability? This, this is a bit..."
Gu Qing clicked into the information details for the first time in a long time, and even read the announcements of these big companies word by word.
For example, the announcement of Daxia Life is very interesting.
Taking into account the limited trading volume of the Company's North American Depositary Shares compared to the global trading volume of the Company's overseas common shares, as well as the high administrative costs involved in maintaining the listing of the depositary shares on the New York Stock Exchange and the registration of such depositary shares and their corresponding shares under the North American Securities Exchange Act and complying with the periodic reporting requirements and related obligations stipulated in the Securities Exchange Act, the Company will apply for voluntary delisting of the Company's depositary shares from the New York Stock Exchange in accordance with the provisions of the Securities Exchange Act and cancel the registration of such depositary shares and their corresponding shares under the Securities Exchange Act.
Gu Qing also noticed that the time specified in this announcement is also very interesting.
As of the date of disclosure of the announcement, these major companies will intend to submit forms to the North American Securities and Exchange Commission on or after September 22, 1023, and the last date of trading on the New York Stock Exchange is expected to be October 1, 1023 or later.
And the announcements of these companies have emphasized that after this date, their shares in North America will no longer be listed and traded on the New York Stock Exchange.
After reading these announcements, Gu Qing took the initiative to seek an official response for the first time.
Although the official response did not surprise Gu Qing, it was interesting enough to read.
"We have noticed the relevant situation. Listing and delisting are both normal in the capital market. The choice of delisting is based on its own business considerations. The current delisting plan will not affect the company's continued use of domestic and foreign capital markets for financing and development.
Respect the decision made by the company based on its own actual situation and in accordance with the rules of the overseas listing place."
This set of official combined punches directly stagnated the rising sentiment of the US stock market.
"Sure enough, they do big things without saying a word."
Before he could sigh for long, Gu Qing received a text message from the President's Office.
"Huang Renxun? Didn't Nvidia's Huang recently brag about the 40 series graphics cards? Why are you still humbly asking me to meet and negotiate?"
Although it was a question, Li You, who was eating breakfast next to Gu Qing, had his eyelids twitching.
As a prominent figure in the semiconductor industry, Li You actually often makes time to recharge and read the news in addition to doing research and development and studying every day.
It is necessary to understand both the international situation and the industry trends.
Although he thought his boss might know the reason why Huang Renxun wanted to meet him, Li You still chose to swallow the poached egg in his mouth and explained to Gu Qing seriously: "When you, Mr. Gu, were busy doing research and development at the aerospace base a few days ago, NVIDIA pre-disclosed a financial report that was far below expectations. Some media even described the difference in this financial report as the 'NVIDIA avalanche'."
The avalanche that made Huang write a letter like Li Zai Rong in the past aroused some interest in Gu Qing.
"Oh? How come, this avalanche?"
Seeing that Mr. Gu was quite interested, Li You took out his tablet, found the content he marked, and said: "According to this announcement, Nvidia's revenue in the second fiscal quarter was only 4 billion US dollars, and in May of this year, Nvidia's performance forecast was 8.1 billion US dollars. At that time, this forecast announcement also caused Nvidia's shares to rise a little.
But in just over two months, 8.1 billion US dollars was cut to 4 billion, and the performance cut in half deepened the market's fear.
It's just that recently, due to the Korean financial crisis, Nvidia's Huang Chaoren told the media after the announcement was released,' Nvidia will get a more advanced and cheaper semiconductor foundry partner this year', and the words all imply that Nvidia will swallow up Hanxing Electronics' core semiconductor foundry business and become a world-class semiconductor technology company that can combine chip design and chip manufacturing.
In addition, Wall Street chaebols have also leaked that they will invest a lot of money in technology companies such as Nvidia to ensure that North American technology continues to lead global users towards a more environmentally friendly and technological future.
It is precisely because of this that Nvidia's stock began to rise after a short period of violent fluctuations. "