my fintech empire.

Chapter 603 [Scalper: Help us with unsalable mobile phones]

On the second day, the collapse of the second-hand market price of S3 mobile phones became a hot topic in the news.

Netizens who eat melons are confused. When they wake up, the Internet is full of news about the collapse of the price of S3 mobile phones. The price was still 3 yuan yesterday. Today, scalpers are willing to lower the price to 1 yuan.

Prices in the second-hand market plummeted by two-thirds in one day, and it is not an exaggeration to say that prices have collapsed in a stampede.

Moreover, some netizens found that the official flagship store of Xingyu Technology on the Jingdong shopping website shows that it is also in stock today, and there are 5 units in stock, which can be placed at any time.

This directly crushed the hype in the second-hand market. Xingyu Technology has really resumed its production capacity. It not only made up for the previous 75% drop in production capacity, but also increased market supply on this basis.

The Jingdong shopping website alone has an inventory of 5 units in one day. You must know that in July before this, the shipments placed in the whole day were only about 5 units.

The news announced by Xingyu Technology yesterday that the daily supply of 30 units is true.

Entering weekends and weekends, the Internet is full of sad news about scalpers who are speculating on S3 mobile phones. Netizens who eat melons are not too serious about watching the excitement. No one sympathizes and they all applaud.

[Scalper: Mobile phones are unsalable, fellow villagers help us. ]
[The 3 yuan S3 mobile phone is unsalable and has become a street stall, and no one wants it, and the scalpers are crying to death, haha! ]
[Suffice it to say, well done. ]
[This is the turn of the wind and water. Before, there was a rush to buy S3, and it was ignited by friends and sold out. Who would have thought that the situation would change in one day?The scalpers who resold S3 were completely dumbfounded. ]
[Seeing this group of people collectively deflated, what a treat! ]
[Hurry up to cover the position at a low price to reduce the cost (erha.jpg)]
[Hahaha……]
[Before, a scalper charged my S3 at a high price. I bought it by installment, and sold it for 2 yuan. I cleared all the installments. I bought a new machine later, and there are more than 7400 yuan left. Thank you for the gift of nature. belongs to yes. ]
[Holy shit, the sudden drop is so hard?Cut in half and then cut in half, the scalpers who take over from high positions will not be allowed to go to the roof? ]
[The scalpers cut each other with sickles, haha! ]
……

On the weekend, on the third day after the price peaked and began to plummet, the price of a 64GB version has dropped to 7000 yuan, which is -76% lower than the highest price, and only about 6298 yuan away from the official retail price of 700 yuan.

This wave can be called a catastrophic crash. The scalpers who went ashore three days earlier shouted excitement, and those who rushed in after ignoring the risk were all buried now.

The big brother who ran this wave of hype lost more than one billion yuan. After losing so much money from the benefactor, the trader went abroad overnight.

The eldest brother was really suffocated, there were too many goods to be sold out, and this wave was completely suffocated.

The eldest brother didn't dare to really light the fire, and he didn't need to play this game if he had this ability.

The eldest brother is only a relative elder brother, and he is actually a younger brother in front of Xingyu Technology.

Those bored scalpers, big and small, can only sell the goods in their hands if the price is lowered below the official retail price. It is impossible for the two idiots to take over the order, because the news has already spread and everyone knows it .

Another reason is that one month has passed since the product was released, and the peak sales period has passed.

Now Xingyu Technology's offline physical store and online channels have been opened, and even the company's official website is open for orders again, and a batch of orders have been added to restore production capacity, and the new machines in the official store are not being swept away every day. .

Consumers want to buy machines, and they can get the goods immediately at the official store at any time, and the goods that the scalpers smashed in their hands can't get out at all.

Only when the price drops below the official retail price will someone pay.

After a month of hype, the value of the S3 mobile phone also began to return to the mean value. Although this product is excellent, it is an industrial product after all, and it does not have financial attributes.

The style of painting on some streets has changed.

A few days ago, there were scalpers who were collecting high prices on the street. When they saw people holding S3 mobile phones, they went up to ask if they could sell them, and they bought them back at high prices.

But now all kinds of people hold mobile phones on the street and ask passers-by if they want S3 mobile phones.

……

However, in the A-share market at the same time, the performance of the stock market in July, in summary, the market that has come out has made stockholders shout (fall), and the market in July has gone out of a standard downward channel.

A big drop made a new low, and then the rebound did not make a new high.

On Tuesday, July 7, the market index came out of the five consecutive negative days, and the lowest fell to 31 points, hitting a new low for the year again. On July 2100.25, it fell below the low point of 7 points at the beginning of the year.

The wave of gains in the first quarter of the beginning of the year made investors confident that the market index would reach 3000 points, which should not be a big pressure.

As a result, in the second half of the year, it became like this. This month, the market hit a new low for the year, and the annual line also turned green. The entire Shanghai Stock Exchange Index's annual line showed three consecutive ugly negative lines.

However, in the bear market environment where the market generally plummeted, several listed subsidiaries of Qungalaxy went up against the market and fluctuated independently. The stock prices and market value of Ruihe Pharmaceutical, Weibo, ATL Technology, and Yixing Video have all hit record highs.

In addition, Kunpeng Technology, Yixing Media, and Kyushu Blue Arrow also broke through the high-level shock platform again at the end of July, and both stock prices and market value are about to hit record highs.

Such a trend, especially in the bear market environment, the trend of several subsidiaries of the galaxy system makes the big A stockholders only look up and worship.

Many people who are looking forward to the plunge are also very angry.

Just don't fall!

Instead, they want to break through and rise, but the whole body is only stubborn.

The trend of these listed subsidiaries of Qungalaxy has made it difficult for countless people to understand. The fundamentals of these companies cannot support the current market value. They are all valuation bubbles, but this so-called bubble has not been punctured. It keeps blowing bigger and bigger.

However, there are still many people in the market who firmly believe that the valuations of these companies are overvalued, they are bound to collapse, and it is impossible to maintain them. Now it is just that the big funds inside are trying to support them, and no one will take over, but they will definitely not be able to sustain them forever. .

Near the end of the month, there is new news in the capital market. The other three subsidiaries of Galaxy Group announced today that they have completed the reorganization. Their shell companies will resume trading on Wednesday, August 8st. It is also the first day of the resumption of trading. limit.

These three companies are all subsidiaries of Quantum Beat, and are also called the "Three Musketeers of Quantum Beat" by shareholders. .

With the disclosure of the news of the resumption of trading, the current popularity index of these three companies has also rushed to the top of the list of individual stocks in the two markets.

With the performance of the previous companies, we all know that these three companies are definitely not bad.

……

(End of this chapter)