Entertainment upstart

Chapter 1112 Is the market value bubble too big

"It's a pleasure for you to agree."

Xiaohu looked at Zhou Xia suspiciously. Based on her understanding of Zhou Xia, this was a very insincere and perfunctory attitude.

"Hehe, can't you give me some trust? Besides, the heroine was chosen by Warner, and it has nothing to do with me."

Zhou Xia didn't know whether to laugh or cry, the recent incident made him not even think about these things.

"Trust? Do you deserve that kind of thing?" Xiaohu looked at Zhou Xia mockingly.

"Really, I'm not worthy, so I always deserve something, right?"

Zhou Xia bullied Xiaohu and hugged Xiaohu from behind, overlooking the beautiful night view of the villa area under the lights, and then whispered in Xiaohu's ear: "Did you feel it?"

"You, get out...!" Xiaohu couldn't help struggling, feeling Zhou Xia's impulse behind him.

"Hehe, the scenery here is not bad." Zhou Xia ignored Xiaohu's words, just said casually, and started to act.

"Don't, it's so cold here, and you haven't taken a shower yet." Xiaohu strongly protested.

"It's okay, it won't be cold in a while." Zhou Xia continued to move.

Although the two children are half a year old and Xiaohu is recovering well after giving birth, the changes in her body cannot be concealed.

Obviously, the place that was outstanding before has been upgraded to majestic and huge, which made him even more fascinated.

The little fox was helpless, and soon made a strange sound, and the night scene around her eyes gradually became more and more dreamy...

…………

There was nothing to say all night, Zhou Xia didn't get up early the next morning in a hurry to go to work, and waited for Xiaohu to get up after nine o'clock, had dinner together at home, and stayed with the child all morning before arriving at the company in the afternoon.

Recently, the disclosure of the relationship between Xia and Yaya last week on the Internet, including the various rhythms brought about, has been a hot topic.

It's been five days now, and it's finally getting colder.

The stock of Xiahua Film and Television rose by 8.42% on Nasdaq, and rose by 3.25% on the Shanghai A-share market in China. The total market value reached 3460 billion US dollars, ranking among the top ten in the world.

When Zhou Xia saw this number and then looked at the current market capitalization of several major Internet companies in the country, he immediately knew that the bubble was too big, big enough for him to sell a large number of shares for other investments.

In the past two years, Xiahua Film and Television has repeatedly achieved success overseas. With the rapid development of domestic theaters, movie box office, and the entertainment industry, coupled with the fact that Xiahua Film and Television's investment covers a wider range of industries, many companies under the Xiahua Department, such as Miaoyan Cinema, Miaoyan Movies, Xiahua Video Network, Fashion Brands, Xiahua Hotel, Cosmetics, Theaters acquired overseas, Film and Television Yuelai Company, etc.

Most of these companies are developing better and better, and the value of many descendants and grandchildren companies is superimposed, coupled with the company of Bingyu Technology Department hidden behind them, so the stock price has skyrocketed to this point.

In particular, high-tech entities such as WeChat, Xiahua Mobile, Xiahua Computer, Xiahua TV, and Huagao Chips of the Bingyu Technology Department have not sought to go public. Some large funds and investment banks who know the relationship have nowhere to invest. They all turned their targets to Xia Hua. It can be said that this is the main driving force behind Xia Hua Film and Television's share price rising from more than 30 when it was listed to more than 300 now.

Zhou Xia hadn't noticed this situation before. In his mind, the last two of the bat three giants were all worth more than 4000 billion dollars.

But now Xiahua Film and Television is not only a film and television company, but more precisely an Internet entertainment company, an entertainment empire involving the global entertainment industry, including more related companies, and it is listed in two places and absorbs global capital. The market value is not an exaggeration.

But today, after he saw the company's report, there was also a list of the top [-] companies in the world by market capitalization according to "Fortune" magazine. Xiahua Film and Television's market capitalization was already ranked fifth in the world.

Ranked first is undoubtedly the most popular apple in the world, with a total market value of 7410 billion US dollars.

The second is Google's US$3670 billion, the third is Exxon Mobil's US$3570 billion; the fourth is Berkshire Hathaway's US$3540 billion, and the fifth is Xiahua Film and Television. 3460 billion US dollars, Microsoft is ranked sixth, with a market value of 3410 billion US dollars.

Of course, this is only market capitalization, not assets. The market capitalization of many Internet companies is several times higher than their assets, while the assets of some real enterprises are several times higher than their market capitalizations.

This involves whether the company is optimistic and sought after by the market and investment in the stock market, and does not represent the real wealth of the company.

But even so, Zhou Xia couldn't believe it.

He rarely pays attention to the company's operations, and even less to these things, and he has no concept of these digital wealth.

In the ranking of "Fortune" magazine, among the four largest state-owned banks in China, Industrial and Commercial Bank of China has a market value of only 2780 billion US dollars.

The other three major state-owned banks, as well as state-owned enterprises such as PetroChina and Sinopec, have a market value of more than 2000 billion US dollars to more than 1000 billion US dollars.

As for the later famous Ali and Pain Xun, the market value is 2051 billion U.S. dollars and 1995 billion U.S. dollars respectively.

The main reason is that the mobile Internet has not yet reached its peak, and these two companies have not ushered in a big explosion in market value.

Thinking of this, Zhou Xia's plan to sell part of the company's equity just now decreased again.

Perhaps the current performance of Xiahua Film and Television is not a bubble, and the actual market value has not yet reached its peak.

After all, the concept of Xiahua Film and Television Internet Film and Television Company, as well as various ecosystems, are only being speculated now, and they are still in the development stage. In addition, Xiahua Film and Television involves a wide range of industries, and Xiahua Film and Television's star endorsement to expand its popularity is indeed in the Created many miracles.

Take the "Space" mineral water and "Dark Horse" functional drinks invested by Xiahua Film and Television. In just two years, through the naming of lol game competitions and various variety shows, they were endorsed by Xiaoying and Erdi respectively. Now it has ranked among the top three domestic drinking water and beverages, surpassing some old brands.

After all, the users of these products are mainly young people, and none of the products of Xiahua Film and Television can attract the widest attention of young people.

From the film and television works of Xiahua Film and Television, to the literary works of Xiahua Video Network and the novel website, the games of Xiayou Huyu, including Xiahua mobile phone, WeChat, etc., have occupied [-] to [-]% of the young people's market.

Since young people are refining their service targets and expanding to other groups of people, the new products produced by the newly invested enterprises of Xiahua Film and Television will naturally be accepted and liked the fastest.

In addition to these two products, several major cosmetic brands, clothing and other women's products invested and endorsed by Yaya and Xiaohu are all very popular, have a certain market share in China, and their brand image is constantly improving.

In addition, for Toutiao's products, including the current live video website, Xiahua Film and Television participated in the first and second rounds of investment.

They all hold small shares, but they are welcomed by these companies.

In this way, they can cooperate more with Xiahua Film and Television, and use the popularity of Xiahua Film and Television to quickly promote it to the market.

To put it simply, compared with the social empire built by QQ and WeChat in the past, even if some products are mediocre, they will still develop based on the traffic entrance and user habits, and the better they are, now The Xiahua Film and Television is even more powerful than that, and it is promoting an Internet entertainment lifestyle for people.

From film and television literature products to related daily consumer goods, etc., all of them are constantly expanding their territory and realizing asset appreciation by minimizing investment and producing the most commonly used products.

In contrast, Bingyu Technology has spent countless real money. The high-tech products, self-owned systems, chips, etc. that have been researched and developed over the years are like bottomless pits. They only see the input, but the output is very little, and it is difficult to convert it into products. very slow.

But in the long run, the development of Bingyu Technology will definitely be better in the future.

This is why after the arrival of various sanctions from the United States, the self-media of various Baijia accounts and public accounts are saying that Tongxun and Ali are empires built on the beach without core technology.

But Zhou Xia is not worried about this.

Although Xiahua Film and Television is also an Internet company, it mainly provides services for cultural and entertainment products. There are not many technologies and products involved that will be blocked. The biggest problem is that other markets are restricted.

Even if he knew about this kind of thing, there was nothing he could do about it, as long as he carefully invested in North America and didn't fall into it.

After Zhou Xia thought about it, he became more cautious about whether Xiahua Film and Television was too frothy.

He decided to hand over this matter to a professional team for evaluation, and then read their analysis to decide whether to sell part of the equity for arbitrage and invest in other industries.

After reading these reports, after Zhou Xia ordered Xiaobai to arrange related matters, Yang Tianzhen came to him and reported to him the preparations for the recent variety show.

After all, Zhou Xia will go to Hollywood to make a movie in another week, and this time he will go for more than two months before returning, and by then the talent show will start.

(End of this chapter)