What surprised the industry was that when the media and the industry generally questioned Jinhu's $900 million offer, Microsoft was not angered as expected. Instead, after ten days of silence, Microsoft's product development department announced that it would start formal business negotiations with Jinhu commercial North America on the equity transfer.

Microsoft's previous silence and subsequent statements showed that although the price of $900 million was higher than they had imagined before, there was still room for discussion after calm thinking.

This fact is even more surprising than Jinhu's offer of US $900 million for 30% of the equity of line30. They are surprised by the public, the media, professionals in the industry and scholars in economics. In their imagination, Jinhu lion opened his mouth. Microsoft should teach greedy and unscrupulous Chinese companies a lesson. How can they sit down and negotiate?

Some time ago, when Amazon wanted to acquire all the equity of global music online in the hands of Jinhu, it only gave a valuation of about US $400 million for all the equity of the website. Almost everyone thought that Amazon had given a full valuation.

Who would have thought that Jinhu categorically rejected Amazon's offer. In the subsequent offer to Microsoft, in fact, it called the total equity value of global music online as high as $3 billion!

In any case, even if there is still some way to go before the negotiations are completed, Microsoft's public statement has had a great impact.

Scooter's share price, which owns 10% of global music online, surged 24% on the day of Microsoft's statement.

If Microsoft and Jinhu reach a deal, scooter's investment value will increase by nearly $300 million, which will definitely stimulate scooter's net profit of only $200 million in 1998.

Affected by this news, Toshiba electronics also increased the stock price listed and traded in Tokyo securities to a certain extent, but the impact is much smaller than Skopje. After all, the scale of Toshiba electronics is not comparable to Skopje, an emerging technology enterprise; The news has less impact on Microsoft's stock price.

The most incredible thing is that on the day after Microsoft released its public statement, the new technology sections of the domestic Shanghai and Shenzhen stock markets soared, nearly 50 new technology stocks rose by 5% on the same day, and many new technology stocks such as Haisu technology were sealed on the daily limit again.

Since the central ministries and commissions jointly promoted the securitization of new technology enterprises in early May, after a two-year slump, the domestic stock market has started to rise by leaps and bounds since late May, driven by the strength of the new technology theme plate. In late May, the Shanghai stock index once dropped below 1000 points. In mid October, the Shanghai Stock Index doubled, forming a rare bull market in recent years. Haisu technology's share price has risen nine times in the past six months, but the share price of St Jiangyuan pharmaceutical is too low. Even if the share price has increased nine times, the total market value is still only 3.2 billion.

Although the domestic financial media and securities review institutions are desperately advocating that the share price of Haisu technology is far from rising in place, and actively touting the development space and potential of the new technology industry, it is not without doubt.

The Kumho Economic Research Center wrote on the financial channel of quantum Internet, pointing out that the new technology Internet companies generally lack practical performance support, and there is a serious bubble trend.

Since its establishment, Jinhu Economic Research Center has always been behind the scenes to provide intellectual support for the industrial development of Jinhu. The research results are only circulated internally and rarely disclosed to the outside world. This is the first time to submit periodic economic research reports to the public media. The public do not know which onion Jinhu Economic Research Center is.

How did this happen? In North America, a 30% stake in a broken website was priced at $nine hundred million with Microsoft, but in the country it talked about what the Internet bubble was, and it was a bitch but had a face to build a memorial hall! "Suet Lam dropped the newspaper onto Wang Haisu's desk, slit her waist, and sat down in front of the French window, the sun shining in, falling on her skin as white as jade.

Wang Haisu stood up with some trepidation. Although he thought Lin Xue looked very beautiful standing in the radiance of the rising sun, Wang Haisu absolutely dared not treat her as an ordinary beautiful woman. He took the newspaper and read it. It turned out that Shanghai Securities Journal reprinted the article of Jinhu Economic Research Center. He read it on the website of Kunteng online last night, After reading, my heart is also very tangled.

Jinhu Economic Research Center hardly has any influence in China. It didn't expect that Shanghai Securities News would reprint this article on the front page, which is definitely a blow to the hot market of new science and technology in recent days.

"Do you want to contact president Yan?" Wang Haisu asked.

"No, if Yan Wenjie hadn't called me, I'd still be sleeping in bed." Lin Xue stared out of the window and looked across Yangui lake. She looked at the oak garden on the North Bank of Yangui lake. In the golden autumn, she had to admit that the oak garden after autumn was the most beautiful time of the year. Of course, she didn't hinder her resentment at all.

What about resentment? In 1997, he was still thinking of using some means to pull the back legs of Jinhu. If there was anything, he could expect Hu Zongqing to help wipe his ass - Thinking of this, Lin Xue was secretly resentful. Hu Zongqing, a pervert, really liked to wipe his ass for women - Hu Zongqing could only be a shrinking turtle in front of Jinhu at this time.

Lin Xue thought that Hongxin, supported by Yan family, could compete with Jinhu in China. Now it seems that it is not reliable. At this time, she didn't dare to stir up Jinhu, and even hoped that the person could hope away some small grievances before. Wang Haisu proposed to buy Chuangyu's Internet cafe assets. Lin Xue also wishful thinking that it was a wedge to ease the relationship, but the article published in the Securities newspaper made her angry again.

Wang Haisu couldn't figure out Lin Xue's idea and asked, "what does Yan always mean?"

"Yan Wenjie said it would be good to slow down..." Lin Xue said, "but there was no explanation for why. I thought I was an economist."

"I also think it's good to slow down," said Wang Haisu, who dared to express his opinion. "If the waves rush too hard, the follow-up will be powerless..."

"Do you mean this article of Jinhu is still helping us?" Lin Xue turned around and frowned at Wang Haisu.

"We should implement the public share increase plan, and we should wait until after May next year at the earliest," Wang Haisu analyzed. Haisu technology will not be listed in backdoor until mid May this year. According to domestic regulations, it will take 12 months for backdoor listing to issue new shares to the open market for financing. The last steps of their plan can only be implemented after mid May next year at the earliest, "The new science and technology theme plate has been rising continuously for half a year, and it will continue to rise until May next year. The possibility is relatively small. There needs to be one or two adjustment periods to cushion it. I think it's still good for us to adjust it at this time..."

"Er..." Lin Xue thought with a wrinkled straight bridge of her nose, "he often, I have to come to the door to thank you?"

Seeing that she was quite moved, Wang Haisu dared to appreciate the snake and scorpion beauty.

"I've heard that Jinhu Economic Research Center has been trying to become a research institution for * *," said Wang Haisu. He has had more contact with Du Fei during this period and can know more or less inside information, "Hailian light industry group will be officially listed and issued shares in two days. I don't think it's necessary for Jinhu Economic Research Center to maliciously publish crisis theory to suppress the stock market at this time..."

"I believe that Jinhu Economic Research Center is a research institution of * *. I might as well believe that the old sow can climb trees!" Lin Xue frowned and said that she was always very wary of Jinhu. The experience of the initial seduction to ruthless rejection undoubtedly impressed her deeply. She never thought that a young man under the age of 20 could resist her temptation. Moreover, she saw disgust in Zhang Ke's eyes, which was like a knife cut in her heart, which was painful and unforgettable Pregnant.

Shi Weizhong arrived at the office early. On his desk was the latest Shanghai Securities Journal. He was surprised to see the article on the front page.

Shi Weizhong thought about it for a while and decided to call Li Mingxue. He picked up the receiver and thought about it for a while. Li Mingxue will come to a meeting in the morning. It's not too late to discuss the situation at that time. There's no need to be too anxious.

In that way, it will seem that you can't hold your breath. If you want to inquire about the inside story behind it, you might as well directly find Xu Si.

As a subsidiary of Haizhou holdings, it's really easy to say. Shi Weizhong thought that since Li Mingxue and Huang Zhu have no worries, they can only relax temporarily and analyze carefully. It's not enough to say how much impact it will have. Even in the bear market, the issuance of new shares will be sought after by the stock market. The key is that Hailian light industry has its own confidence.

This was the last preparatory work meeting before the listing of Hailian light industry. The preliminary work was fully done. At the last work meeting, there were few items to check and fill vacancies.

After the meeting, Shi Weizhong left Li Mingxue and Huang Zhuquan for dinner. Huang Zhuquan smiled and said: "OK, but it's your personal treat. After the listing of Hailian, you created Li Mingxue's position in Haizhou, which is not lower than that of Huang Zhuquan. Haizhou holding was founded by him. At the beginning, Tang Xueqian and Zhang Zhixing considered to reduce direct interference in the daily operation of Haizhou holding as much as possible, and insisted not to plug administrative personnel into Haizhou holding, which has always been Li Mingxue is indispensable. Therefore, Li Mingxue has never held a concurrent administrative position. He is the most important political status as a deputy to the National People's Congress. The official wording of the city's responsibility for Haizhou holding only asks the vice mayor to coordinate and contact, without saying that he is in charge.

Shi Weizhong listened to Li Mingxue's speech, still very much agree with the article published in Shanghai securities news, and asked, "do you think bubbles are serious?"

"How to say, the operation of the stock market has another set of rules, but it can not be separated from the economic foundation for a long time," Li Mingxue said, "The operation of capital also has limits... Judging from the data published now, the overall domestic economic situation is still grim, and it is basically certain that the economic situation will not get out of deflation before the first half of next year. Can the speculation of hot money on the theme of new science and technology concepts be supported after next summer? If you are smart, you should slow down first. I just think It's a little strange. Zhang Ke has always been indifferent to the domestic stock market. What he wants to say in this article is very clear, and the timing is also a little appropriate. It's more or less strange, don't you think? "

After listening to Li Mingxue's analysis, Shi Weizhong also feels that there is something strange. However, if Jinhu regularly publishes economic and industrial research reports in the future, it may want to exert a deeper influence.

At this time, there are still serious problems in the domestic economy. As the main body of the domestic economy, state-owned enterprises are at a critical moment of transformation. Affected by the external economic environment, they have not been able to get out of the dilemma. In the first half of the year, almost one quarter of the total number of state-owned enterprises were in the state of loss and serious loss, half were flat, and one quarter of the scale of state-owned enterprises were profitable, but the profit scale was very limited, Central enterprises are better, and the situation of local state-owned enterprises is even worse. The overall profitability of state-owned enterprises in most provinces is either hundreds of millions of meager profits or shocking negative numbers.

At present, the domestic stock market is the main force of state-owned enterprises. The overall situation of state-owned enterprises has not been fundamentally reversed, and the stock market has doubled in six months.

Huang Zhuquan said with a smile, "what's weird? If you have a chance to catch Zhang Ke, just ask him face to face."

Li Mingxue smiled and said, "even if he tells me the answer, I have to consider whether it is true or false. This boy is very slippery. If you don't believe it, ask mayor song if he can take out the truth from his mouth."

Huang Zhuquan and Shi Weizhong smiled. Who would go to song Peiming to ask this question?

{thank you for your support. Your support is our greatest motivation}