Open business day-to-day

Chapter 506 Artificial Intelligence
Since it is a public shareholding, as a major shareholder, information on shareholding reduction needs to be released to the outside world.Even though China's concept stocks are hot now and countless funds are pouring in, Lin Rui's reduction of holdings has also had a huge impact.

Not to mention the continuous decline of Chinese concept stocks, some market values ​​have been directly cut in half, and even with Lin Rui's successive reductions in holdings, the entire Chinese concept stock market has a tendency to collapse as a whole.

Ali’s market value has dropped from more than 9000 billion US dollars to more than 4000 billion US dollars, and Meituan’s market value has dropped from 30000 trillion Hong Kong dollars to 13000 trillion Hong Kong dollars.

Pinduoduo's market value has dropped from 2300 billion US dollars to the current 900 billion US dollars.

For other Chinese concept stocks, basically their market value has been cut in half.

If Lin Rui does not stop the reduction of holdings, the decline in the market value of Chinese concept stocks will not stop, and may even face a collapse.

Lao Ma, Wang Xing... Many domestic big names in the scientific and technological circles hurriedly contacted Lin Rui, and even some relevant departments came forward.

I hope he can be more restrained in reducing his holdings, otherwise, with his current influence, Chinese concept stocks will really collapse.

In fact, since they didn't say anything, Lin Rui would also stop this shareholding reduction.

Under the control of artificial intelligence starlets and countless top financial elites, even if the design of this reduction operation is seamless, Lin Rui's influence is still underestimated.

In a way, this action has been done well enough, the previous 1/3 shareholding reduction went smoothly and did not cause too much fluctuation in the stock price.

When the amount of reduction exceeds 1/3, even if there are small stars and countless financial masters trading together, the market still reacts.

Every act of reducing holdings will cause huge fluctuations in the market, large-scale capital flight, and the stock price will plummet.

The market value of many companies was directly cut in half.

……

The stock has fallen so hard, and there is still a tendency to continue to fall. It is hard to find a taker, and it is not worthwhile to reduce the holdings.

Therefore, Lin Rui made a public appearance and said that the goal of reducing holdings has been achieved, and the remaining shares will continue to be held, and he is still optimistic about the development of these technology companies.

The panic in the market finally subsided a lot, and the Chinese concept stocks also stopped the downward trend, and their stock prices rose slightly.

Generally speaking, the gains from this shareholding reduction are good. Since the first 1/3 went relatively smoothly and did not cause too much volatility in the market, most of them were cashed out at high positions.

When the holdings were reduced by more than 1/3, the market reacted and the stock price was directly cut in half. At this stage, there are not many holdings reduced.

……

After this large-scale reduction of holdings, the shareholding in Ali is still as high as 16%, and about 10% of the shares have been cashed out, more than 800 billion US dollars.

The shareholding in Meituan is still as high as 22.5%, and about 12.5% ​​of the equity has been cashed out, which is 3600 billion Hong Kong dollars.

Pinduoduo's cash out is slightly higher, selling 19% of the stock, and the remaining 8%, cashing out about 430 billion US dollars.

Coupled with dozens of other technology companies with Chinese concept stocks, they have cashed out more than 500 billion U.S. dollars.

In this liquidation operation, the total amount of funds cashed out: 2280 billion U.S. dollars.

Among them, Weiyang Technology cashed out about 1080 billion US dollars; Xingkong Technology Group cashed out 1200 billion US dollars.

The funds of more than 2000 billion U.S. dollars have greatly strengthened the cash flow of the two major companies under Lin Rui's name, and it is finally not in vain.

In terms of cash reserves, it can also rank among the forefront of global technology companies.

……

Speaking of cash, Lin Rui really has no shortage now.

Not to mention just cashing out in the United States, the 1.2 trillion US dollars of assets entrusted to the system can be cashed out at any time; the 1380 billion US dollars in cash cashed out from Taijidian, and the 865 billion US dollars in cash cashed out from the Dutch semiconductor equipment manufacturer ASML, are now all It's all on Lin Rui's hand.

He does not intend to hand over the more than 2200 billion US dollars of funds to the system. He just keeps them as standing funds on hand, and there are still many places to spend money.

Thanks to this shareholding reduction, Xingkong Technology Group has cashed out 1200 billion US dollars in cash, and has sufficient funds on hand to meet the development of its major subsidiaries and the research and development needs of Xingkong Research Institute, and does not need his capital injection.

However, if Tianxia wants to develop, it needs a lot of financial support. This is a gold swallowing beast.

If you want to truly build Tianxia into the back garden in Lin Rui's mind, think about the huge land reclamation project, as well as infrastructure projects, the required investment may be hundreds of billions of dollars.

All these capital needs need to be borne by Lin Rui in the name of investing and purchasing Tianxia government bonds.

There is no way, who told him to find trouble for nothing, and wanted to build another foundation for himself outside of Los Angeles, and he has already put it into action, and the plan is going well.

Still have to go on.

In fact, Lin Rui still enjoys this matter. He builds a country by himself, and he is a little excited when he thinks about it.

Even if it costs a little more money, it's nothing.

Money earned is spent!
……

In the past two days, Lin Rui plans to build a super data center and a super computing center in China, with a total investment of about 285 billion US dollars.

Among them, the super data center is planned to be located in Qinghai, where the terrain is wide, the energy and electricity prices are very cheap, and the water resources are also abundant, which is very suitable for the data center to be located.

The investment is about 200 billion US dollars, and it will build the world's largest super data center.

The supercomputing center is located in the city of the future in Los Angeles. It plans to invest 85 billion US dollars to build 18 large-scale supercomputers, each of which can be ranked among the top 30 supercomputers in the world.

The purpose of this investment is very simple, it is to meet Xiaoxing's demand for computing power.

With the artificial intelligence seed, Xiaoxing has become a real artificial intelligence, and his abilities in all aspects have been greatly improved.

For example, in terms of finance, Xiaoxing, the main program of artificial intelligence in the past, has already reached the limit of manipulating 500 billion US dollars of funds.

The newborn Xiaoxing can perfectly manipulate Lin Rui's 1.2 trillion US dollars of funds.

……

With the strengthening of capabilities in all aspects, Xiaoxing's demand for computing power and various hardware requirements has also been greatly improved.

The original single supercomputer and data center not only cannot meet its needs, but also limit its ability and growth rate.

It needs a new, bigger and better home.

Lin Rui invested 285 billion US dollars to build a super data center and supercomputing center, which is Xiaoxing's new home.

Together, they can completely release the ability of Xiaoxing to meet its demand for computing power.

……

In recent days, as he got to know Little Star better and better, Lin Rui felt more and more about its potential and its catalytic effect on all walks of life.

For example, opening some permissions to the Xingkong Research Institute, with Xiaoxing's intelligence, can increase the research and development efficiency of the Xingkong Research Institute several times.

This is not only a matter of saving research and development funds, but also represents faster results than all research and development institutions, forming a patent barrier.

Launch products faster and occupy the market.

This is only for economic benefits. The improvement of research and development efficiency directly promotes the progress of global science and technology, and the entire human civilization will benefit from it.

In this respect, the financial rewards are nothing.

Foreign countries' blockade of domestic technology may also become a joke by then.

I am more advanced than your technology, if you block me, it is not certain who will block in the future!

(End of this chapter)