Desperate Hacker

Chapter 696 Wang Xingyao wants to run away
"The real estate industry has suffered a heavy setback. It is reported on the Internet that one of the leading domestic real estate companies has been rated as junk by a foreign rating agency..."

"The largest private real estate company in China is in a rating crisis..."

"Domestic second-hand housing prices have fallen for seven consecutive months..."

"The stock market has broken through 3000 points again, and today there is another frenzy of falling to the limit of shares..."

“It is rumored online that Xingyao Group will sell all its domestic real estate business. If this news is true, the real estate industry may usher in a big move..."

……

Shanghai.

As a plane landed, everyone at the airport was waiting silently.

At this time, a father and daughter stepped out of the plane.

Everyone was extremely surprised when they saw Wang Xingyao walking in front.

You must know that when Wang Xingyao left Shanghai last time, he was carried onto the plane with an oxygen tube inserted into his body.

The whole person looked like he was about to die at any moment.

At this time, he stepped off the plane in high spirits, and his daughter Wang Ziran held his arm.

Needless to say, it seems that not even cancer can conquer Chen Qingfeng and Wang Xingyao, the richest son-in-law duo in China.

Wang Xingyao saw through it completely.

In the past, he thought that the best business, real estate, was not worth mentioning in the face of high technology.

Not to mention that Malaysia regards Chen Qingfeng as his grandfather.

Let's just say that now, with Chen Qingfeng's achievements and strength.

No matter which country I go to, I am always a welcome guest.

But people like him were only bullied in the country before.

We are both businessmen, so why is the gap so big?
After thinking about it, Wang Xingyao suddenly felt that it might be time to leave.

Reinvesting social and psychological wealth into industries that are beneficial to social development is what an entrepreneur should really do.

Moreover, engaging in real estate in the past was purely speculation.

All the money that was finally recovered through the people's primitive accumulation and exchanged shirts for shirts and socks for jeans was invested in the speculation of steel and concrete.

As a result, young people now have to bear high housing prices as soon as they graduate. There is no hope at all.

In such an environment, how can people still burst out their passion for innovation?
……

Wang Xingyao has changed, and Xingyao Group is no longer the high-tech in his mind.

Even Wang Xingyao, who finally worked hard in Shanghai and won the high-quality land and high-quality real estate, no longer feels good about it.

Apple built a headquarters in the desert of the United States.

I haven’t heard that it has to be in New York or Los Angeles.

But is it the largest company in the world by market capitalization?

Similarly, Chen Qingfeng moved the company's headquarters to Malaysia.

As for the new headquarters, it is said that it will be moved to the new government city that even locals in Malaysia dislike.

However, it still cannot prevent Chen Qingfeng's company from continuing to form a crushing export force to countries around the world.

But now he looked at the reporters on the side and kept picking up cameras and mobile phones and pointing them at him.

Wang Xingyao knew how shocked the domestic media was that he could stand in front of these people lively and vigorously.

In fact, his appearance is the best advertisement.

"Mr. Wang, please tell the crew that you want to sell all the real estate business of Shining Star Group?"

"Girl! It's not a rumor now, it's a fact. I think there's no point in real estate. I worked with Chen Qingfeng abroad. I think the health field and other fields that can control the future are our key! So I plan to abandon it. Real estate industry! But I will not use this money for personal enjoyment. I can’t spend all this money. I plan to give all this money to my daughter and son-in-law and let them do their own business. "But I heard that Mr. Chen's company is not short of cash at the moment?"

Wang Xingyao smiled and said nothing after hearing this.

Some media outlets are really stupid.

I am afraid that only companies at the forefront understand how fierce the competition for computing power is now.

Chen Qingfeng plans to establish a new company to invest in nuclear fusion projects that are said to be able to solve future energy problems.

During this period, Chen Qingfeng has been investigating similar projects.

And I invested in two projects that seemed to be quite reliable.

According to his large AI model calculations, the return rate on a successful investment is about 40%.

The reason why we want to invest in the energy industry is that now, the demand for computing power and energy consumption have reached staggering figures.

Malaysia’s electricity supply alone is expected to be overwhelmed by the surging computing power craze.

Think about those people who were mining in the past. One mine is equivalent to the electricity consumption of a medium-sized county town for a year.

Now these graphics cards are used for AI computing.

Imagine the power consumption!
Some people may say that the mining industry is a fighting industry, where people pass the parcel around.

However, one question that cannot be avoided is.

It was precisely because of the skyrocketing price of virtual currency that people's demand for graphics cards was strong, and upstream manufacturers began to continuously develop graphics cards with more powerful computing power.

The essence of the graphics card is to turn complex serial operations into simple 1+1.

The reason why AI is so popular now.

It lies in the fact that people have solved the difficult problems of algorithms through mathematical models, and at the same time solved the hardware problems of basic computing.

It is undeniable that both the mining and gaming industries are benefactors in promoting the development of graphics cards.

However, China used to adopt a scourge strategy towards games, and later it wiped out the mining industry.

Finally, it was not until the emergence of generative AI that I realized that simply erasing two industries was actually erasing the future.

Sometimes, realm is truly something amazing, and there are indeed very few people who can see further...

……

Wang Xingyao returned to China, and the news he brought was that he wanted to sell all the real estate industry.

On the one hand, this news means another heavy blow to the real estate industry, which has already worsened.

On the other hand, Wang Xingyao's healthy body shows another side that is unimaginable.

That is the anti-cancer miracle drug that Chen Qingfeng has been avoiding, and it is very likely that it will be available soon.

By then, all the anti-cancer drugs being developed by pharmaceutical companies will be swept into the trash can of history.

People can't imagine what kind of situation they will face after this new drug is released.

And the drug projects that so many people participated in research and development day and night have completely become a useless waste in the face of AI!
It seems that the future pharmaceutical industry will also fall into a new struggle, just like the Internet industry.

Winner takes all…

On the second day, at hotels in Shanghai, several companies were eager to try out the high-quality real estate projects under the Shining Star Group.

But now there is an extra middleman here, Mr. Li.

Originally he was Chen Qingfeng's biggest rival, but now even Mr. Li is willing to lose.

Because even people like Mr. Li realize that in the face of the rise of Chen Qingfeng, the small amount of money in the country has no meaning!

(End of this chapter)