My 1999

Chapter 28 Nasdaq Crisis



"why me?"

"I don't know many people in the capital, and even fewer are capable and trustworthy. You are the only one I can trust and a very capable collaborator among the people I know."

Xu Liang's eyes looked particularly sincere at this moment.

Jiang Xiaoyang couldn't resist his gaze and looked away.

"Xu Liang, I am now the deputy general manager of the Wealth Management Department of CITIC Securities..."

"You are only the deputy general manager, but in Hanhua Capital you will be the managing partner with 2% equity." Xu Liang interrupted.

"As the old saying goes, it's better to be a chicken head than a phoenix tail. No matter how successful CITIC Securities is, others will only think that it is Wang Jianjun's contribution, not you. But it is different at Hanhua Capital. Every ounce of your talent will be perfectly supported. Show.”

Xu Liang encouraged him hard.

After Jiang Xiaoyang hesitated for a moment, "How much money has Hanhua raised now? How many LPs are there?"

"There is a way." Xu Liang said quickly, suppressing the excitement in his heart, "The funds we raised are not too much, only about 6 million Huaxia coins, and there are only two LPs for the time being."

Of course this is deceiving, Hanhua's money is all his, and it hasn't been received yet.

Xu Liang also felt that Hanhua was too weak, and quickly said: "Although the company is a bit small, we have been established for too short a time, and we have not been able to produce any results. But tall buildings are rising from the ground. As long as the foundation is laid, the future will be prosperous." We can definitely be more brilliant.”

"I want to think about it." Jiang Xiaoyang said after a moment of silence.

Xu Liangliang breathed a sigh of relief. After spending so much time talking, he finally managed to persuade her.

"You only have one day to think about it. If you agree, I will give you two days to go through the resignation procedures and fly to Pengcheng three days later." Xu Liang said.

"Can."

After talking about the business, Xu Liang began to slowly enjoy the food on the table, but Jiang Xiaoyang completely lost interest.

Struggle can be seen from time to time on the pretty face.

Even Xu Liang's amazing appetite didn't arouse her curiosity.

After both parties finished eating and separated, they went home.

For most people, it is a difficult decision to leave a platform with a promising and bright future and take the initiative to work hard in a small company, and Jiang Xiaoyang is no exception.

After thinking about it for a day, she didn't really make up her mind.

Thinking of the deadline Xu Liang left for her, he hesitated for a while and then took out his cell phone and dialed.

It didn't take long and the call was quickly connected.

"Xiaoyang, is something wrong?"

A steady bass voice came over.

"Dad, there's something I can't make up my mind about, and I'd like to ask you to give me some advice."

"Hehehe, it's rare for you to be hesitant sometimes. Tell me, what's the matter?"

Jiang Xiaoyang briefly explained the matter.

"Xiaoyang, it is easier to stay at CITIC, but in a mature platform, it will be difficult for you to achieve results before the age of thirty-five. If you go to a private company, especially a private company that is still in the start-up stage, you will be very tired at first. , but you will also learn more and it will be easier to achieve results.”

"... From my perspective as a father, I certainly hope that you will find a stable platform, find a relaxing job, and live a peaceful life in the future. But from the perspective of life ideals and value realization, there is no doubt that private companies are more training for people.

The specific choice depends on you. Dad supports you. "

Jiang Xiaoyang pondered for a moment and nodded.

"I understand Dad, thank you."

"Why are you so polite to me? By the way, what's the name of the private company you plan to go to?"

Jiang Xiaoyang instantly became alert, "What are you going to do?"

"I'm just curious. I can't make my outstanding and proud daughter voluntarily give up her privileged job and choose to work overseas. I can't do it without some real ability."

"I don't work for others. I also own shares. By the way, Dad, don't tell my mother about this first, otherwise she will bother me again."

"You are using me as a shield again."

"Who told you to be my dad? Well, I have something else to do, so I'll hang up first."

After saying that, he hung up the phone directly.

She doesn't want her father to interfere in her life.

Beep beep….

An icon in the lower right corner of the computer flashed.

I subconsciously clicked on it and found that it was my Yahoo mailbox.

There was an email in English sent from across the ocean.

The content is very simple.

"On March 1, the Nasdaq Composite Index fell 2.58% that day; Yahoo's stock price plunged 15.52%."

"Falled?"

Yahoo's stock price was still rising the day before yesterday, but it fell so much as soon as March entered.

15.52%.

Based on Yahoo's post-split stock price of $46.7 per share, this drop represents a loss of $18.6 billion.

This is 18.6 billion for two thousand years!

"Is it true that he was detained?"

After pondering for a moment, he opened QQ, found Xu Liang's account and sent a message.

"I have already thought about it and will leave my job tomorrow."

The reply was very timely.

"In three years at most, you will be extremely happy with today's decision; in six years at most, you will become the beauty and beauty that everyone envies; in nine years at most, you will become a regular on the global female power rankings."

Seeing this, the corners of Jiang Xiaoyang's mouth turned up slightly.

"Bai Fumei? This guy is always so confident."

"By the way, I forgot to tell you. I just received the news that the Nasdaq Composite Index fell 2.58% yesterday; Yahoo's stock price plunged 15.52%. You don't have to worry about liquidation."

"It's indeed good news, but it's just the beginning."

It's really just the beginning.

On Friday, March 2, the Nasdaq Composite Index closed at 2118 points, down 3.01% from the previous trading day; the heads of Yahoo's Canadian branch, European and Asian branches resigned, and the stock price fell sharply again by 11.25%.

On Monday, March 5, the share price of the Nasdaq technology sector began to climb slightly, with the Nasdaq Composite Index rising by 1.19%, and Yahoo's share price rose slightly by 19 cents on that day's trading day.

On this day, Xu Liang put Jiang Xiaoyang on a plane flying to Pengcheng.

Accompanying her were a newly recruited secretary and Huo Gang, who had just obtained his driver's license and was responsible for security and acting as a driver.

On Wednesday, March 7, Yahoo's trading was suspended less than an hour after the market opened because it was waiting for a major announcement. However, Yahoo's stock price fell by 6.42% in less than an hour.

After the Nasdaq closed, Yahoo announced that it had significantly lowered its profit forecast for the first quarter of 2000. Yahoo's stock was actively traded in the afternoon trading two hours after the market closed, and the stock price once fell below $15.

On Friday, March 9, it was severely affected by Intel's profit warning, and the U.S. employment situation in February this year announced that day weakened the Federal Reserve's hope of further cutting interest rates.

As a result, the stock market suffered its biggest blow since January 2; the Nasdaq Composite Index fell 5.35% and closed at 2,053 points, a 27-month low since December 1998.

The Dow Jones Industrial Average, composed of more than 30 established blue-chip stocks in the United States, also fell by more than 1.97% that day.

Yahoo's stock price fell 33.89%, closing at $11.7, and the stock price fell back to the level in June 1998.


Tip: You can use left, right, A and D keyboard keys to browse between chapters.