Many people may not have noticed one thing, that is, the big guys are taking action frequently. In the past few days, several big players have taken action. Jack Ma and Tsai Chongxin are already buying Alibaba at the bottom, with Jack Ma investing US$50 million and Tsai Chongxin investing US$150 million.
Alibaba’s market value reached its peak in 2021, and then declined all the way, from a peak of nearly 6 trillion Hong Kong dollars to today’s 1.45 trillion. Along the way, major shareholder SoftBank has also been selling. After Jack Ma's repurchase, Alibaba's management once again became Alibaba's largest single shareholder, and SoftBank's current shareholding is less than 0.5%.
Now the Chinese really have a firm control over Alibaba. Yahoo and SoftBank, the two major shareholders, have almost cleared out their shares in Alibaba. In addition, the most important thing for Jack Ma to increase his stake in Alibaba this time is not to buy the bottom, but to convey confidence to the market that the market has reached the bottom.
If you then contact the actions of Ma Huateng and Cao Dewang, it will be even more intriguing. Ma Huateng also made a sudden move in Beijing recently, investing 6.4 billion to acquire a piece of land in Beijing to build Tencent's new office in Beijing.
Tencent’s move this time is also a shot in the arm for the currently sluggish local auction market. Nowadays, local sales have dropped by at least 30% to 40% compared with previous years. Now whether it is real estate or commercial real estate, everyone is in a wait-and-see attitude. No one knows what the future will be like.
Many people are worried that the property market and stock market will continue to fall. Now someone has taken action, proving that the overall valuation is still here, which basically sets a tone.
Jack Ma and Ma Huateng represent the Internet industry, while Cao Dewang represents the real economy. In the past month, the glass king has made two moves. The first time is to establish a wholly-owned subsidiary Fuyao Glass in Fuqing City, Fujian Province. It will invest 3.25 billion yuan to build an automotive safety glass project and equip it with advanced modern production facilities. equipment, eventually forming a production scale with an annual output of approximately 20.5 million square meters of automotive safety glass. The second time for
was recently in Hefei. They will set up three subsidiaries with a total investment of 5.75 billion yuan to further expand the company's production and sales scale.
Why did Fuyao Glass go to Hefei to build a factory? Many people may not know that Hefei has become a center for Chinese automobile manufacturers. Brands such as NIO and Chery are located in Anhui.
Cao Dewang's move this time also shows that he is optimistic about the future of China's economy. In the past few years, Cao Dewang has repeatedly reminded that the economy has entered an adjustment cycle and everyone must be prepared. But this time he suddenly took action, which shows that he already feels that the economy is about to pick up.
The global epidemic broke out in 2019, coupled with the economic downturn, geopolitical crises, etc., the global economy fell into turmoil, and the Chinese economy was naturally greatly affected. Coupled with Sino-US relations, China's industrial upgrading and other issues, the Chinese economy is also facing huge challenges. After 4 years of adjustments,
has now reached a time to bottom out and rebound. But the biggest problem now is that the market lacks confidence. Everyone is waiting and watching, and no one dares to take action. This is true whether it is investment or consumption. Tens of millions fewer tourists went abroad last year. Resident deposits actually increased by 16 trillion. This all shows that now everyone is not out of money but out of confidence, insecure and uncertain about the future.
According to current data, the per capita deposit in China has reached 97,000 yuan. For a family of four, the deposit is nearly 400,000 yuan.
Now that the big guys are taking action, they are actually conveying a sense of confidence and driving everyone to have full confidence in future economic development. In fact, China is a big country with a population of more than one billion. We are still the world's second largest economy and the world's second largest consumer.
The main reason is that it was too easy to make money in the past, and many people were accustomed to comfortable lives. Nowadays, there is a surplus of industry, and the industry also needs to be upgraded. Many people are not used to it all of a sudden. However, in recent years, many companies have also achieved good results during the economic downturn. The three most typical companies are Douyin, Pinduoduo and Xiyin.In addition to developing the domestic market, these three companies,
, are also actively going overseas, and now they have achieved great success overseas. The overseas version of Douyin has swept the European and American markets. The overseas version of Pinduoduo also attracted 100 million users within one year of its launch in the United States. Xiyin has now become one of the three giants of global fashion.
When you are still lamenting the Uniqlo and Zara models, Chinese companies have used their own wisdom to find a more successful path. Today, Xiyin's valuation has exceeded US$100 billion, and its annual profit has exceeded US$700 million. According to this development rate, Xiyin is definitely expected to become one of the top companies in the world in the future.
Therefore, it is not that the industry is not good, but that to succeed now, we need to have a more international perspective and think about things from more dimensions. People who remain unchanged will naturally not be successful no matter what era they are in.
