As a mage, I just want to pursue the truth

The official accounts of Kechuangbio's major social media have all released teaser videos about virtual reality equipment.

After the video was released, other countries quickly realized what happened to Huaguo in the capital market in the previous half month.

The real virtual reality has come, which is equivalent to crossing the Internet 1.0, 2.0, and 3.0, and directly coming to the tenth generation of the Internet.

The tenth generation here is just an exaggeration, and it is possible that the tenth generation will not be able to realize virtual reality in the true sense.

With virtual reality equipment, the previous Internet giants will all have to re-price.

Overseas Google, Amazon, Apple, META, domestic BAT, etc., all Internet companies cannot enjoy the current valuation at all.

With the advent of the virtual reality world, in the form of software, users' demand for traditional Internet services will be minimized.

The U.S. stock market opened that day, and the Nasdaq index crashed. As of the close, it fell by more than 15.00%.

It was the largest decline in the history of Nasdaq.

The Nasdaq's biggest drop in history was only 11.35%.

Even in the millennium when the dot-com bubble burst, the Nasdaq did not drop more than 10% in a single day.

Most of the stocks that make up the S&P 500 are in the red.

The S&P 500 fell by 20.00% that day, which directly triggered the trading stop mechanism of the US stock market.

You must know that a 500% drop in the S&P 13.00 will trigger a circuit breaker, a 20.00% drop will trigger a circuit breaker, and a [-]% drop will directly stop trading on the same day.

After this circuit breaker mechanism was introduced into the US stock market, the US stock market has also been circuit breaker four times.

Previously, in 2020, the U.S. stock market only melted twice in a week.

As a result, a video from Kechuang Bio directly caused the U.S. stock market to freeze three times and stop trading.

Belonging is the first time in history.

"Brothers watch the fireworks!"

"I didn't expect the announcement of a Chinese company to crash the U.S. stock market."

"It belongs to witnessing history. As a post-11s generation, I have witnessed too much history. I originally thought that [-] years ago, the U.S. stock market melted down three times in nine days, which was an insurmountable history.

As a result, I didn't expect that there would be three blowouts in one day.

I guess the circuit breaker mechanism was not thought of by American's Securities and Exchange Commission when it was designed.

The most ridiculous point is that this is still affected by Huaguo enterprises. "

"The investors behind the Internet giants such as Google, Microsoft, Apple, etc. were all scared by the science and technology.

Originally, I didn't believe that Kechuangbio really developed virtual reality technology.

As a result, looking at the reaction of US stocks, I guess it is true.

Capital is voting with its feet. "

"I also think that if it is not for the realization of virtual reality technology, what else can make Apple's market value drop by 20.00% directly?
More than one trillion RMB evaporated directly. "

The reason why Apple only fell by 20.00% is because the market believes that the virtual reality equipment of Kechuang Biology will not be able to enter the market outside China in a short period of time.

If it is confirmed that virtual reality devices can land in American and most of the world's sphere of influence, Apple will have to fall by at least 50.00%.

"US stocks are too exciting, my heart can't take it, I'd better play big A honestly.

Anyway, big A will drop by [-]% at most tomorrow. "

The suspension of trading in the U.S. stock market that night made it to the top of Huaguo's social media list.

Netizens in Huaguo were very excited. It was the first time they saw a new product announcement from a Huaguo company that could blow up US stocks.

"This is the bursting of the Internet bubble in 2000, the financial crisis in 2008, the confrontation in the South China Sea in 2016, the pandemic in 2020 and the Fed's repeated interest rate hikes in 2022. I have not seen this level of circuit breaker in US stocks.

Science and technology innovation is too good.

No, the U.S. stock market has collapsed, won’t the big A and Hong Kong stocks also collapse tomorrow?I still have positions, so what am I happy about. "

"Maybe it's because watching the excitement is not a big deal."

In fact, many people in China have houses at home or themselves, and more than one house, but for them, they also want to see the housing prices in Huaguo collapse.

Lezi people are fearless.

On the second day, the big A collapsed as expected, which almost reproduced the tragedy of the thousand-share price limit that year.

Among them, the worst is the semiconductor sector, which is at least seven points underwater.

Shareholders who were complaining about U.S. stocks on Weibo the night before turned on self-deprecating mode the next day.

"The loss in my account should be considered as a donation for the research and development of Kechuang Biology."

"I just hope that the loss of my account will give me a discount when I buy virtual reality equipment later."

The only thing that went up that day was Kechuang Biology. As a listed company with a market value of trillions, it directly rose by the limit.

You must know that the price limit of the Science and Technology Innovation Board is 20%.

Like the Ningde era, when it was first listed, it had a daily limit for eight consecutive trading days, and it directly became the largest weighted stock on the ChiNext at that time.

However, after the market value of the Ningde era went up, there was almost no daily limit. Although it has been on the upward path, it is almost impossible to increase the limit because the market is too large.

This is still the case for companies with a market value of trillions of RMB in the Ningde era, and the trillions of market value of Kechuang Biology is denominated in meters.

Even the most optimistic stockholders never thought that Kechuang Bio could reach the daily limit.

This is so rare.

At the opening of the day, Sci-tech Biotech was pressed to death on the daily limit, and there was no opening in the middle.

The 2020% decline in the Shanghai Composite Index is even more exaggerated than the limit-down of 2 stocks on February 3, 3212.

Even if the market is like this, Kechuang Bio is still firmly pressed on the daily limit, and the turnover rate is extremely low, not exceeding 0.5%.

Capital is not stupid. At this critical point in time, the most scarce resource is certainty.

Why can you often see the word certainty in the public speeches of senior fund managers?
Because Big A is neither pure value investment nor pure speculation, as a senior fund manager who manages money for investors, the pursuit of income is not the first priority.

The more you have been in this market, the more you have a heart of awe, the pursuit of a low drawdown, and trying not to let investors feel the loss is their first goal.

Under this kind of goal orientation, the certainty of a company is naturally the most important.

Private equity funds are another way to play. There are too many ways to play, and many private equity funds play wild.

And in this place where all the capital does not know where to go, there is no authoritative voice to tell everyone how far the virtual reality technology of Kechuangbio can achieve.

What is the form of the products that Kechuangbio will release this year?

These are all unknown circumstances, as the initiator of all these, Kechuangbiology has the greatest certainty.

At noon that day, Dongfang Fortune had only one sentence when summarizing: science and technology creations have completely ushered in a reversal of the predicament, and a whale is born and everything falls.

The headline of the Xueqiu official account the night before was:

"The U.S. stock market plummeted, and the Nasdaq index was bloodbathed by [-] points in a single day! Panic is already full."

Changing the title can be used for the big A the next morning.

The stock bar of Kechuang Biology was relatively popular at the beginning, but it has been a bit tepid since then.

Among the more than 4000 stocks in the market, the popularity of the stock bar has always been ranked around [-].

After all, the price per share of Kechuang Biology is too high, and it is on the Science and Technology Innovation Board, so there are very few retail investors who can participate.

This is the same reason that Moutai's stock bar is not very popular.

But in the past two days, the popularity has directly jumped to the first place.

It is full of the wailing and condemnation of the stockholders who have been cut off.

"How do you evaluate Kechuang Bio's claim today that it will release a real virtual reality product this year and name it after the future?"

Due to the sudden collapse of the global capital market caused by science and technology, this issue has been pushed to the top of the hot list on Zhihu.

"Thank you for the invitation, there is still a little bit of official information revealed at the current level.

Many things cannot be judged.

First of all, whether it is the US stock market last night, the stock markets of European countries, or the stock market in the Asia-Pacific region that opened today, all are plummeting.

And there is no negative news on the news.

In addition, no matter whether it is China Internet of Things or domestic semiconductor stocks, it has been falling all the time. It can be seen that the so-called real virtual reality equipment of Kechuang Bio is not a gimmick, but a real product.

This product will completely change the current Internet ecology.

The high probability is that most of the feelings can be directly transmitted from the device to the user's brain.

That's why the capital market reacted so enthusiastically. It cannot be described as enthusiastic. This is even more exaggerated than a volcanic eruption.

But the strange thing is that both domestic semiconductor companies and foreign semiconductor companies are all plummeting.

Including the previous upstream suppliers of Kechuangbio’s brain-computer connection VR, none of them came out and claimed to supply the virtual reality equipment that Kechuangbio will release this year.

That is to say, the virtual reality equipment of Kechuangbio has no suppliers and no chips.

This is the core logic of the collapse of semiconductors across the board.

This is unbelievable and completely inconsistent with my existing cognition. I can't think of what kind of technology can realize the virtual world in film and television works without using semiconductors.

The biological computer technology of the deep blue creature seems to have not advanced to this point.

Another important point is that if it is a virtual reality world, both storage and network requirements far exceed the requirements of the current network.

For example, watching a video requires a traffic speed of about 10M without any lag, while a VR video requires about 100M.

If it is true virtual reality, which involves the feedback of touch, taste, and smell, I estimate that the network speed requirement must be multiplied by at least ten.

Judging from the current network infrastructure of Huaguo, it cannot afford this demand.

Moreover, there are no technological breakthroughs in the communication field.

So whether it is from the supply chain level or the communication level, there are many doubts.

In addition, we assume that this is true, and all traditional Internet giants will be killed.

Including hardware manufacturers, from Apple to Samsung to Sony, from domestic rice, OV to glory, all will face the fate of being ruthlessly eliminated by the times like Nokia.

With the relationship between Mr. Lei and God Zheng, Rice may be able to survive, but he will also face a very exaggerated transformation.

For semiconductors, virtual reality equipment that does not use silicon-based chips is a great benefit for Huaguo, a serious disadvantage for American, and a catastrophe for Koryo and the Wanwan region. Can't say enough.

I watched the product preview video posted by Kechuang Bio on the official Weibo several times.

The white sphere that Mr. Miao Miao holds in his hand is very different, it doesn't have the texture of plastic or any kind of metal, and at the same time, it is difficult to wear on the head.

It doesn't look like a helmet.

I am really looking forward to what kind of effect the virtual reality equipment of Kechuangbio will have when using it.

Hope to experience it sooner. "

Because some employees of Kechuang Biology called Li Miaomiao Mr. Miaomiao on social media, so later netizens got used to calling her that.

When all the Chinese concept stocks in the Hong Kong stock market were falling, the decline of Rice and Goose Factory was not so exaggerated.

This is also because the capitals feel that the rice and goose factories may have the opportunity to intervene in the virtual reality equipment supply chain system of Kechuang Bio.

Therefore, the sell-off was not as ruthless as the sell-off of other Chinese concept stocks.

In the headquarters building of Rice Yanjing that day, all senior executives and middle management in the Rice system gathered together.

Mr. Lei had a serious face, and the executives present were shocked. They had never seen such a serious Mr. Lei.

Lei Jun is generally serious when there are few people, but when there are many people, he will show full affinity.

Like the general meeting held by the rice irrigation personnel, Lei Jun is almost never so serious.

The last time was when we faced great challenges in 2018, and more than ten years have passed since today.

"Rice is at the critical point of life and death, we need to transform and really face the situation of surviving.

This is not alarmist talk, but a real problem we are about to face now.

The virtual reality world in film and television works is coming, just nine months later, during these nine months, we must at least find a way to maintain the volume of rice.

If this size cannot be maintained, how to reduce the number of personnel.

At this juncture, those who should be laid off will be laid off. Even everyone present here, I cannot assure you that layoffs will not happen to you.

We need to channel the chill to everyone in the group. "

After Mr. Lei finished the negotiation, he lived in the health resort specially prepared for him in Huaguo for about a month.

Lei Jun is very anxious every day in Beidaihe, wishing he could go back to preside over the work one day sooner.

Virtual reality is also a fatal blow to Rice.

We must know that the foundation of rice is mobile phones. In the virtual reality world, do people really need mobile phones in the traditional sense?

Although the result of the negotiation is that the communication between the virtual reality is only limited to the scope of Gusu.

Rice phones can still survive on administrative orders, but how long can they survive?When did Huaguo change its mind?
Will foreign countries, like Huaguo, not allow virtual reality devices to be connected to the Internet?
It is important to know that rice's overseas market revenue is basically the same as that of the Huaguo market.

With the good relationship with Kechuang Bio, the overseas market of rice has even gained a firm foothold in the high-end market.

If overseas countries allow the construction of virtual reality equipment and supporting biological communication, then rice will face the situation of directly losing half of the market.

Whether it is when domestic regulations will be relaxed, or whether virtual reality devices will be widely promoted abroad, these are currently unknown.

You can't rely on gambling to run a business, and Mr. Lei is well aware of this truth.

The impact of virtual reality equipment on them will definitely come, but it is only a matter of time.

Those who don't plan for the world are not enough for a moment.

In front of Lei Jun was the virtual reality device Zheng Li gave him.