kingnovel Chapter 638 Betting on the future of the Internet!
Chapter 638 Betting on the future of the Internet!
Compared with the explosion of the American Empire and the excitement of netizens, after someone in China released this news, it also attracted onlookers.
However, after entering the post, the comments were filled with strong malice and distrust towards the poster.
Nowadays, those who go online to browse forums late at night but don’t play games are basically adults.
And I have some understanding of the situation.
Internet, and invest 2.5 billion US dollars?
Is Tang Xionghua crazy, or am I blind?
This is the first feeling of those who saw this news and have some understanding of the situation.
Of course, there are people who say this is true and are participating in the reply after the original poster.
After swearing and taking screenshots, and with the guarantee of someone who has the technical skills to bypass the firewall.
Immediately, the tone of the comments section changed.
"Did Mr. Tang take the wrong medicine?"
"Twenty and a half billion dollars invested in the internet. Is the internet going to survive?"
"Why are you buying US stocks? Can't you buy stocks from your own country? I can't even follow the trend!"
"How dare you buy internet stocks now? Mr. Tang has lost his mind!"
In the Xiongchen forum, after the post had two or three hundred comments, the public opinion changed.
Tang Yichen, who had just finished evening self-study at school, also saw these comments.
Regarding this, Tang Yichen did not respond, whether it was questioning or anything else, nor did he argue with them.
There's no need for that.
Two days flew by.
During these two days, the controversy surrounding Tang Xionghua's placard-raising swept the world.
An industry that everyone thought was dead and could not be helped has, because of Tang Xionghua's actions, caused the stocks of the Internet industry around the world to rise by at least 20% in the past two days.
This is a very scary thing.
There are many doubts and questions among the people, both at home and abroad.
Everyone is very curious as to why Tang Xionghua would buy stocks of so many Internet companies at this time!
Is it bottom fishing?
But in the past two days, Tang Xionghua remained silent.
It was not until the 27th that Tang Xionghua made his first public appearance after raising the sign at the Chuzhou Tang Corporation headquarters.
There are a lot of people at the press conference venue today.
There are many people with black hair and yellow skin, but there are even more foreigners.
Two and a half billion dollars of capital has entered an industry that was originally sentenced to death, and now it has caused such a huge storm that the media in many countries can no longer sit still.
This is not just the Mi Empire.
Because the Internet is now a truly global industry. Except for extremely backward regions and countries, all other countries that have joined the WTO or are relatively well developed have the Internet, Internet industries and companies.
To Tang Xionghua, this move only seems to be an investment of 2.5 billion US dollars, but it will actually affect the overall industry situation worth trillions of US dollars worldwide.
Two years after the collapse of the Internet bubble, the Internet industry has basically been stagnant.
Now a huge wave is coming, who can sit still?
"Mr. Tang, is your investment in US stocks a bottom-fishing activity?
Do you think the internet industry has hit bottom and is about to rebound?
The first person Tang Xionghua called out was a prominent domestic media outlet. In response to his question, Tang Xionghua smiled and said, "I guess so. I've been observing the internet industry for quite a while. As everyone knows, I actually own an internet company, but it's just not listed."
Having said that, Tang Xionghua paused, then ignored the raised hands below and continued, "However, I want to say one thing, I actually don't know whether the Internet industry has really hit bottom. I'm not a god, and no industry or individual can decide that.
This investment was purely personal. To put it bluntly, I made some money in the US stock market, and I was feeling a bit itchy sitting there. Then, I felt the internet still had a future, so I bought some stocks in companies I felt had a future. I plan to hold them for the long term, betting on their future!
Tang Xionghua did not lie, but it was impossible for him to tell everything in the interview.
Immediately, as Tang Xionghua finished his answer and pointed to the next blonde foreign female reporter, the female reporter spoke a little excitedly.
"Thank you, Mr. Tang, for giving me this opportunity to ask a question. What I want to ask is, based on what you just said, Mr. Tang, do you not know whether this investment will be profitable?"
"Yes!" Tang Xionghua nodded, and then added: "I'm really not a god. I believe everyone knows what the stock market is doing. Even if it is a bit of a gamble, I just think this industry still has a future, so I selected some companies and want to hold them for a long time, spending some money!" "Mr. Tang, how long do you mean by long-term?
Also, why do you still have such great confidence in the Internet? Now everyone has confirmed that the Internet is dead!
Another question followed, and Tang Xionghua's smile did not diminish: "I don't know how long this long term is, maybe five years, maybe ten years, who knows, he might even die.
As for how much confidence I have in this industry, I do have some. Look at my own internet company, I'm still losing money. If I didn't have some confidence, I would have stopped operating long ago!"
"Mr. Tang, you are the world's richest man. Your investment this time has caused a global stir and shaken the industry. The internet industry, which was originally declared dead, has seen a sharp rise in global stock markets in just two days. Do you have anything to say about this?"
"What I want to say is that the stock market is risky, so please be cautious when investing. As I said before, I have confidence in the Internet, but my confidence is not very strong.
I invested 2.5 billion US dollars, which sounds like a lot. In fact, as you all know, I made 6 billion US dollars in US stocks before, and this money was earned from the part I made from the Hong Kong stock market two years ago.
To be honest, all this money is earned from my investments. This time, I'm only investing a portion of it. I don't know if the goddess of luck will bless me again, so there's no need to treat me like a god, and there's no need to follow my lead.
……
Tang Xionghua's interview was announced globally on the same day, and its content once again shocked the industry and sparked heated discussions among the public.
"Oh my god, why do I think this yellow monkey is so unreliable?"
"I'm going to sell my stocks. His words make me uneasy!"
"I think his words have other implications. I definitely won't sell it. I want to keep it. If he's willing to lose 2.5 billion MiGold, then I'll accept a small loss on my few thousand MiGold!"
“I’m afraid of being trapped again!
"Whatever, I made a few thousand dollars these past two days, I'm going to sell it!"
On the 28th, after Tang Xionghua's interview, the global Internet stock market showed different conditions in different regions, but the US stock market fell a little, but not much.
The stocks of the dozen or so companies that Tang Xionghua held his stake in also rose.
The same is true for Internet stocks in other countries and regions, which basically fluctuate within one point on the ups and downs board.
There is no previous sharp rise, but there is no fall either.
But then, along with the analysis of various experts and stock analysts around the world.
After two years, Internet stocks are once again on the path of continued decline.