Chapter 1650: Unhealthy

On October 19th, the most striking feature was the opening of the ChiNext.
28 companies are listed at the same time, and this is the only time when this new section has just opened. Otherwise, there will not be so many domestic companies that will be listed in a year.
Although it is a GEM, it still attracts the attention of many people.
And on this day, among the 28 companies, Huayi was in full swing!
The 27 yuan issue price finally opened at 63 yuan!
63 yuan, more than double the issue price, instantly shocking.
This is just a GEM listed company. Does the entertainment company have such great potential?
Huayi is like this, what about Dongxing?
Wouldn't it be more popular if the East Star, which is backed by a big mountain in the distance, is listed?
However, the outbreak of Huayi is not over yet. When the market closes, the stock price reaches RMB 71!
At this moment's stock price, and Huayi's total share capital, Huayi's market value reached 12 billion!
During the intraday period, it even rose frantically to 80 yuan per share.
At that time, the market value was higher.
And Huayi's previous prospectus shows that Huayi's net profit reached 60 million in the first three quarters of 2009. According to the expected increase, and there are still some blockbusters released at the end of the year, the cumulative net profit for the whole year is expected to exceed the 100 million mark.
Of course, it is very difficult, and the outside analysis's increase is not so high.
For the entire year of 2008, Huayi's net profit was less than 70 million yuan, and earnings per share were about 0.4 yuan.
In other words, based on last year's earnings per share, Huayi's price-earnings ratio is as high as 177 times!
At the moment of closing, the outside world shouted "crazy!"
It's crazy!
The old and beautiful Warner Bros. has a price-earnings ratio of only about 10 times, and in China, it is still the GEM. Huayi has created a price-earnings ratio of 177 times, which is simply unimaginable.
What can you say besides being crazy?
Such a price-earnings ratio has also caused countless experts to fall below their glasses, and also warned those crazy investors that Huayi's stock price is falsely high.
Of course, if anyone listens, the stock price is still rising, and it can be seen without falling.
Huayi created a lot of billions of stars and directors in one day.
When it was changed to usual, everyone had to talk about it.
But at this time, Dongxing was the subject of much discussion.
Huayi's market value can exceed 12 billion, what about Dongxing?
Even if it is not TVB, let's say that the previous Dongxing Entertainment is not weaker than Huayi, and the theater line is much stronger than the other party.
Dongxing's net profit is actually not high, because Dongxing has invested a lot and is still in a state of strategic loss.
But Dongxing's early layout has begun to improve. If it does not count TVB's investment this year, the profit will be at least twice that of Huayi.
It also has more fixed assets than Huayi.
Doesn't it mean that if TVB is not counted, it will be listed according to the scale of Dongxing and create the same price-earnings ratio as Huayi, the market value of Dongxing will exceed the 30 billion mark?
With TVB added, how much is it worth?
TVB is also a listed company, which has its own value, but TVB is subsequently taken over by Dongxing. The shares held by Dongxing are counted as Dongxing's own assets, including the increase in additional influence ...
For a time, the outside world predicted that if the market can continue, instead of a bubble for a while, once Dongxing is listed, the market value may exceed 40 billion yuan!
In this case, it is still underestimated.
After all, Huayi's price-earnings ratio is somewhat terrible, and it may not be applicable to Dongxing.
At that time, Hu Xiaorui, who currently holds more than 80% of the shares in Dongxing, even if there is some equity incentives and the listing is diluted, the shareholding ratio will be around 70%.
This means that Dongxing will bring Hu Xiaorui 30 billion of wealth!
Coupled with Hu's other assets and industries, the next richest woman before her 30s was born!
Today Yang Huiyan's wealth is still around 28 billion.
Even if the Hu family is not the same as the Yang family, Hu Xiaorui is handed over to Tengxiang and Nanrui. With a single star, Hu Xiaorui may become the richest woman.
As for Li Dong's daughter-in-law that I said before, it is of course a joke.
A child who is still in the babyhood will not be counted even if he has share inheritance, let alone Li Dong is still alive.
For a time, Jiangbei's business community became famous again.
There was Li Dong, then Xu Shengzhe, and then maybe Hu Xiaorui ...
In Jiangbei, there was actually Ji Lanxin who was as famous as them.
Jinding Jewelry has done a good job in the field of high-end jewelry in the past few years. Of course, it is far inferior to several others, but its strength is not too weak.
Once Jin Ding's Ji Lanxin also broke out, the strength of Jiangbei's business community was terrible.
It's not terrible in terms of wealth. When it comes to wealth, Li Dong's wealth is astronomical.
The key is inheritance!
In today's business world, although young people are rising fast, among the business gangs around the world, they are still the elderly.
Jiangbei, perhaps, will soon change this situation and become a young man.
These people are not even thirty years old, and the future is still very long.
Previously, the gangs of Cantonese businessmen and Zhejiang businessmen were strong, and their sense of grouping was strong, while Jiangbei was much weaker.
But now, with the rise of Li Dong, the strength of Jiangbei's business community has instantly surpassed several major business gangs.
And with the passage of time, many young generations of business gangs have not yet risen, and several young people in Jiangbei have already made a name for themselves in China. In the end, China may fear the Jiangbei business gang.
...
The difference between business gangs and regions still exists in China.
But to the outside world, Li Dong and others did not care much.
At this point, no matter whether it is Li Dong or Xu Shengzhe, including Hu Xiaorui, they are no longer limited to the region.
Powerful companies, including corporate leaders, don't really care about these.
When the enterprise is not too powerful, everyone needs to hold a group to keep warm.
But it is too narrow to wait for the enterprises to be well-known in China and world-famous.
Ma Yun liked to do these things before, but now he doesn't do them anymore.
The strength in the early stage was weak, and the participation of various associations and various associations is of little significance until now.
For example, now, Ma Yun feels that the local business gang will not necessarily follow you at the critical moment.
It was no one else to make Ma Yun think so.
Intime!
He has a good relationship with Yin Guo's Shen Guojun and has known each other for many years.
Before, the two joined forces once to resist the invasion from afar.
At that time, the two sides went to the Shanghai market to find a hundred companies to cooperate, preparing for the combination of online and offline, to create the largest O2O system in the south, and not let the distance go south.
But at the beginning of the year, Intime joined the Faraway Alliance.
The base camp of Yintai is Jiangsu and Zhejiang.
When Huayi Brothers went public, Ma Yun was thinking about waiting for the limelight to pass and choose to declare war.
It was not the distance, but Yintai that started the first shot against the treasure!
...
October 19.
The outside world is paying attention to the listing of GEM.
The local retail giant of Jiangsu and Zhejiang, Intime announced the news to participate in large-scale promotional activities in the distance.
How to participate?
Combine online and offline!
Place an order at a distant mall and Intime will supply locally.
Yintai's warehouse center, major warehouses, and distribution centers, including the store system, provide services to distant malls.
In the Jiangsu and Zhejiang areas, all customers who place orders in the remote mall, if the remote mall is too late to deliver and ship, Intime will supplement these orders and will undertake these orders.
Intime's commitment to the outside world that buyers of Intime will not only enjoy the same treatment and service after all from afar, but also enjoy Intime's exclusive services.
Wherever there is Intime, buyers place orders online, Intime will meet the needs of online orders as soon as possible, and provide these buyers with the shortest time, the best quality of service, and the best products.
As soon as the news came out, Ali knew.
The advantages of the offline system are finally reflected in the distance.
And it is not far away, but far away alliance!
As a member of the alliance system, Intime may not be very powerful, but in Jiangsu and Zhejiang, Intime's reputation is still good, including storage layout, distribution services, and Intime's cooperation with far away, enough to meet any demand in the Jiangsu and Zhejiang online shopping market.
This localized supply chain will also reduce costs to a minimum.
Intime local supply, there is no need to lay some additional storage centers in the distance, and no longer need to transfer goods from other places, and the logistics cost has also dropped significantly.
There are also many remote stores and warehousing centers, including express delivery centers.
But China is so big that it cannot be fully covered in the distance.
Today, Intime's participation can help Yuanfang to improve the online and offline integration in Jiangsu and Zhejiang.
As soon as Yintai news came out, Ma Yun knew it was going to be bad!
Sure enough, after Intime, other distant alliance enterprises in Jiangsu and Zhejiang also announced that they joined the big promotion supply chain.
It is not only the third-party merchants in the remote malls, including Wanjia.com, but also through these alliance stores for express transfer.
Even some companies announced that they would open their warehouses to provide services for third-party merchants.
Third-party merchants, if there is a lot of goods and cannot find the storage location for a while, they can borrow it temporarily and ship it directly to their warehouse for storage.
Or simply ship it to a distant storage center, and the fare will be dispatched and dispatched in a unified manner.
At this point, there has been a prototype of the warehousing of Jingdong logistics.
And JD.com has limited capabilities even in later generations, and cannot do all of it. Most of it is still self-operated.
Now, with the help of the perfect offline system and the alliance system, Yuanyuan began experimenting in 2009.
Unify the platform of third-party merchant orders.
This can save the cost of third-party merchants, speed up shopping efficiency, speed up the efficiency of processing orders, and also establish an effective supervision mechanism for third parties.
This is much more convenient than third-party self-employment, and it can bring a lot of extra income to the distant place.
The counterfeit goods on the C2C platform are rampant, there are many inferior products, and the platform supervision is difficult ...
These problems are most vividly reflected in the treasure.
It's not that you don't want to supervise, but you can't supervise.
But once the remote is unified, although it is still a C2C platform or a third-party self-operated, there is an additional platform supervision mechanism in the middle.
In this way, as long as the remote quality control team is not perfunctory, it can greatly reduce the probability of fakes and inferior products.
I dare not say that it will be completely eliminated. At the very least, I will not let some products that look like garbage go out.
Of course, such a move requires the strength of the enterprise.
Like Ali, without their own warehousing mechanism and without their own quality inspection team, they mainly appear as a platform. Such policies cannot be replicated and cannot be done.
It can't be done from a distance, at least not currently.
With a temporary trial, coupled with alliance cooperation, a distant place can barely complete this work.
If the later period is indeed effective, the distant place can expand on a large scale and gradually improve these plans.
...
Lin'an.
Hua Yi's stock price soared, and Ma Yun made a lot of money.
However, at this moment, Ma Yun did not have much excitement.
Huayi makes money, and no one can tell when it is time to cash out, not to mention that it is an outsider's enterprise.
Only Ali belongs to him.
But now, Yintai, the far-offline alliance, is the first to start the battle against Ali.
Far from the far side, Ma Yun has already felt the pressure.
In the meeting room.
Ma Yun was slightly annoyed and somewhat annoyed: "What attitude do they have now?"
Before the meeting, he actually had the same idea as far away.
Borrowing the offline system of retail companies in various places, help Dibao establish an effective online and offline mechanism, at least to meet the supply chain demand of Dibao during the Double Eleven.
Ma Yun also knows that it is unrealistic to expect these companies to cooperate for a long time, and everyone also has their own business.
The warehousing and distribution of major enterprises are all to meet their own needs. Sometimes they are not enough, and they need to be rented and outsourced.
But in Ma Yun's view, things should probably be clear to the purpose of the distance.
Once the online reunification is completed by the distant place, the distant place no longer has any worries, they are even more troublesome.
It is imperative that at least the distance cannot be defeated online.
Even if they do n’t do their own business this time, they should work together to help Ali withstand the pressure and fight the distance.
It is a loss to the major retail giants because of the cold lips and the defeat of the treasure.
So Ma Yun asked people to contact all parties and seek support.
But now, Ma Yun has been disappointed by the results achieved.
Hearing Ma Yun's question, someone in the conference room said, "Su Lin promised to provide us with all conveniences, but Su Lin's business is limited and can only be limited to the field of 3C electrical appliances.
Dashang is still under discussion, and Dashang's own business is also very heavy. In addition, some seniors of Dashang may be hoping to start a war with the south online and give them more time for development.
At this time, many executives disagreed to support us.
President Niu is willing to support, and is now convening a high-level meeting, as well as preparing for the board of directors and shareholders meeting, in order to get the plan passed.
Wal-Mart and Gaoxin both said that they need to wait for the headquarters to reply.
Bailian and Huarun ... "
The reported senior executive of Ali paused and whispered: "They have an unclear attitude and say that they will discuss again. After all, it is a state-owned enterprise.
Ma Yun froze for a moment, and then smiled after a while: "Understood, I didn't expect that these things haven't been seen through now!
In addition to Surin and us uniting the front, others are waiting!
Still waiting!
Waiting for death? "
In the last sentence, Ma Yun said extremely loudly and extremely annoyed!
At this time, still considering?
What to consider!
Sit on the hill and watch the tiger fight?
Still these people feel that they can continue to wait, and have to wait for the distance to complete the online unification, and then go to pack them up!
When someone saw him angry, he said a fair word and sighed: "The people are not the same, not just the big industries, but also their own companies.
Not any company, like the distant one, it is unanimous to point out where to fight. "
If there are more people, the mouth will be mixed, and the mind will be more.
Fortunately, at the critical moment, unless the person in charge is extremely prestigious, or has all the right to speak.
Otherwise, how could it be so easy for them to unify their opinions and take the initiative to attack the distant place.
To help Ali this time, in the eyes of many people, it was to make trouble for myself.
Before the distant place targeted them, they began to support Ali against the distant place. Is n’t it fun to ask for it?
Many people over the big business think this way. Big business occupies the north, and there is not much layout in the north.
Help Ali at this time, isn't it just asking for trouble?
It is better to wait for the situation to develop, and then look at it again.
Niu Gang has the prestige at Dashang and has also seen threats from afar. But Dashang ’s shareholding is too complicated, and the senior management is also complicated.
At this time, there is simply no way to unify opinions.
Gao Xin and Wal-Mart said that waiting for the headquarters to reply was not perfunctory. They could not agree to such a thing, and they had to wait for the headquarters to reply.
Coupled with the recent opening of stores near their stores, they are also in constant trouble and are looking for ways to solve them.
At this time, it will take extra effort to help Ali complete the online layout, the two also feel too much trouble.
This has led to, until now, only Surin gave a clear answer, fully supporting Ali!
But this is not the result that Ma Yun wants.
Just when Ma Yun sighed in his heart, someone coughed again and said, "There is also our side, Yahoo's side hopes that we will have a resolution next time and we need to inform them first.
Softbank also said that this Double Eleven will increase subsidies and investment efforts, and it should be discussed with the board of directors before making a decision ... "
"enough!"
Ma Yun stood up violently and said coldly: "Ali, it's Ali's Ali, not anyone else's!
At this time, they promised to do it or did n’t agree to it.
Disagree, let the general meeting of shareholders and the board of directors remove me, the chairman of the board!
Before, not without notice, the results are delaying time.
What time is it, I have no time to wait for them!
Continue to contact major enterprises, including some SMEs, can pay rent, provide financial subsidies, and increase publicity ...
In addition ... "
Ma Yun paused and continued: "Tomorrow announced to the outside world, double eleven, Ali and far away will fight!
This time the performance has been dumped too much, I will sell it for treasure. "
"what……"
The conference room exclaimed, and couldn't believe it was Ma Yun's words.
Ma Yun said lightly: "The record he has played is too bad, and it is not worth the money.
Dibao's performance is so poor, Li Dong is not stupid, will he buy Dibao?
Some investors always think that Li Dong is a fool ~ EbookFREE.me ~ It doesn't matter if he wins or loses, he sells it to Li Dong.
But don't think about it, what value space is there to replace the treasure with Wanjia.com?
Only if you win the distance, or if you are not widened, will you be valuable!
The treasure that has been opened up the gap is worthless. There is only one platform, there is no one in the distance?
One by one, I hope that Li Dong will come to the end. It is really the end, all waiting for the blood to return! "
Throwing away these words, Ma Yun walked out and said: "These words tell those shareholders who have paid for their treasure and several major shareholders of Ali.
At this time, still thinking about other purposes, don't blame me for not reminding me!
Time is running out. Before November, if the preparation is not ready, the sale of the treasure at a low price is a foregone conclusion. "
After saying this, Ma Yunren has left.
The executives on the scene were complex and thoughtful.