The Littleshenyang of Chinese Internet

Lead: The recent downturn in the stocks is nothing more than a microcosm of the recent general downturn in global technology stocks. Whether the upcoming Sina Weibo, Beijing east, or the share price damaged Baidu, 360, are in the back of the dark gun.

The performance of stocks in the past week has been very different from the previous one. Since last year, many of the shares have been rising, but the trend has peaked and began to decline.

The domestic Internet market is sensitive, especially in the word stock. Whether in the eyes of investors, industry practitioners or the media, it's like a more than 30-year-old unmarried old maid, staring at you every day. As a result, the shares of the stock this week did not give the force, singing the sound of decline has sprung up.

As the global market recedes, China stocks are lying guns

Indeed, the recent achievements in the stock does not give force, look at the data from January 10 to April 11: Qihoo 360 (Nyse:qihu) fell 30%, cool potatoes (nyse:yoku) fell 34.3%, Baidu (Nyse:bidu) fell was good performance, fell 20.9% ...... A string of data seems to make people feel like they're bleeding, but that's just what the US market is doing.

Tencent, one of BAT's Big Three, is not doing well in Hong Kong, where Tencent has fallen by more than 20% per cent in the last one months, from a peak of HK $646 to below $500. Although a slight rebound later, but also "thanks to" Tencent took the buy back 153,000 shares, costing about 76.7366 million Hong Kong dollars for return. Tencent is really rich in financial resources, in the face of the fall in stock prices can pay big strokes.

At first glance this situation, but also thought that in the past few years in the middle of the Ice Age and restart the rhythm, the actual? The Nasdaq index is experiencing its biggest decline in 2 months, with global investors selling tech stocks in the stock market, which is just a common fluctuation in the stock markets. Look at the performance of star technology companies, is it really better than our stocks? In the same statistical time as the above shares, Google fell by around 50%, Facebook dropped close to 21%, and Yahoo fell 21%, Twitter and LinkedIn, the same social-media sector as Facebook, have fallen more than 30% per cent compared to the highest levels ...

The market performance is not imaginary, but Wenfengerdong's theory of conspiracy is often thrown at this time. Who is the biggest victim? I'm afraid not already listed companies, but those will be listed on the Internet companies: Sina Weibo, Beijing-east, the United States Regiment, Poly United States excellent products, such as the tourism network and so on.

On Sina Weibo, the US roadshow will set the IPO pricing range at $17 trillion to $19 per share of US depository shares, with a maximum financing of $437 million trillion, and a microblog listing of about $3.857 billion trillion.

The valuation is indeed lower than the $5 billion trillion that was announced at the time of the announcement in mid-April last month, but it is a reasonable valuation given the overall environment of the current global market. The downgrade of Weibo valuations was also the answer given by the market as Twitter and LinkedIn fell 30% per cent at their highest prices. Imagine that if Weibo does not fall, the fear for investors is not the value of Weibo, but the suspicion of the entire stock market.

"God belongs to God, and Caesar is to Caesar," said the western proverb. , for the upcoming listing of Sina Weibo, the company should be "market-owned".

The law of Chinese internet jungle in "Ming-hei"

Just now, the Hong Kong stock market has not been spared in the face of the global technology slump, the shares of Tencent stocks fell and had to spend money to stop bleeding, I believe also to the Hong Kong listed Ali brought pressure. Interestingly, at this time, an individual in Hong Kong published a report on the activity of Microblogs, which reported that microblogging activity was far less active than its prospectus data.

Aside from the contents of the report, the timing of the release alone is a flash in the imagination. It is reported that this is a report by a personal program, whether the procedure itself is persuasive is questionable, but also for the active degree of doubt in the micro-baraclude, but also in the micro-Bo shares of Alibaba will be listed in Hong Kong released. In this way, a report of the gun can be more than micro-Bo family, do not know Ma Yun this time how to think?

The law of the jungle in China's internet is no longer described in Diablo, which is basically a direct yell: Yes I do. Look at Jingdong, and micro-blog, in the early stage of the listing, the boss Liu but at this time the old cattle eat the gossip of the grass. At this juncture really dare not say is deliberate hype, want to know US investors to the image of the executive is extremely demanding. In particular, in the fourth quarter of the Beijing-east into a loss, according to the current situation, US investors for a not yet profitable and executives deep gossip of the company will inevitably wait and see, which will affect the price of the market in Beijing east.

Think of the potato king of the divorce incident, potatoes before the Youku submitted to the Nasdaq listing application, but because his wife to the court filed a lawsuit, asked the king of the shares of the lawsuit preservation. Then the listing situation plummeted, not only was robbed of the Chinese video site listing the first share of the title, but also missed the round of the stock market crazy video concept of frying.

The jungle law of the jungle, will force every company to seriously think about survival, but under pressure, too cruel competition will inevitably let some people unscrupulous. Whether it is the potato king divorce, Beijing East Master Private life, for the Chinese internet company as a whole image, is a kind of injury. People who are not selfish, please consider the future of the industry more.