Chapter 852: Huge Influence
Compared with the prosperity of perfect skin care products, x Guobei Cleaning Headquarters is in a bleak cloud.
At five o'clock in the afternoon of China time, it was ten o'clock in the morning of X country time, and the stock market had opened for half an hour.
Because Beijing Company suffered a setback in the Chinese market and was boycotted by hundreds of millions of netizens, online and offline sellers removed all of Beijing Company's products.
It can be said that Beijiejing has almost disappeared in the Chinese market.
China is now the second largest economic system in the world, second only to M country, and several streets beyond the third place R country.
After all, this is a large country with 1.3 billion people, and the demographic dividend is enough to make daily chemical companies profit.
Of course, it doesn’t mean that the population is large and the demand for daily chemicals must be large.
For example, in another country near China with a population of over one billion, people there love cheating and not hygiene. It is said that when using toilet paper, they do not use toilet paper but fingers when going to the toilet.
So although there is a large population there, the quality of the people has not yet been improved, and the consumption capacity of daily chemicals is limited, and it may even be less than that of a small developed country with a population of only tens of millions.
But China is different. In recent years, the speed of economic development and national quality have been growing geometrically.
Being hygienic and clean has become the daily life of the Chinese people in subtle ways. Therefore, China's consumption capacity for daily chemicals can be several streets higher than that of Europe and the United States, and is the place with the largest demand for daily chemicals in the world.
Nearly half of the profits of Beijing each year come from China.
Now Beijiejing has encountered sanctions in China. Although it is not an official sanction, the consequences are definitely more terrifying than the official sanctions.
Official sanctions are often caused by many factors. Maybe when the trouble is handled, the sanctions will be lifted again.
But now what Bei Jiejing is facing is the sanctions spontaneously organized by the Chinese people, which is quite troublesome.
Even if Bijing's public relations are powerful enough, lobbying supermarkets that have removed their products and allowing supermarkets to continue to allow products to be put on the shelves, it will not be able to restore sales performance at all.
Because the impression of Beijie in Chinese consumers has become very bad, even if this thing is sold, Chinese consumers will not buy it.
Although the experience of Bei Jiejing in China was late at night in Country X, Bei Jiejing is one of the world's top 500 companies. After such a big accident, the news media in Country X still learned about the news and reported the news at the first time.
After all, now is an era of highly developed informatization. Some people call the earth a global village. If something happens at the village head, the village will soon know.
As a result, Beijing's stock price immediately suffered a huge impact.
At first, some retail investors felt that if Beijing had no market in China, it would basically mean that there would be no future, so they began to sell Beijing's stocks in their hands.
Some people started to sell shorts, and the news that Bijing was boycotted had been reported, which immediately triggered panic among investors.
Everyone rushed to start selling their clean stocks, for fear that they would become bargain if they were too late.
Under the influence of this trend, in just half an hour, Beijing's stock fell by 30%, and its overall market value fell by 30%.
Beijiejing's original market value has exceeded US$300 billion, but now the situation has fallen below US$200 billion.
In other words, the wealth of all shareholders of Beijiejing evaporated by one-third in just half an hour.
And because the stock market in X is not like the Chinese stock market, it has a protection mechanism for limit down and limit up.
The stock market here can rise and fall unlimitedly.
This mechanism can shape one wealth myth after another, and at the same time, it can make wealthy people become paupers in one day.
So those who are clean, shareholders who usually only enjoy life, got up early in the morning and gathered together for a meeting to discuss countermeasures.
The Chinese market is also a crucial part of the global economy.
Now that Beijie is facing a setback in the Chinese market, no one is sure how much impact this will have on Beijie, how far can it make Beijie's stock fall to stop, or whether the decline can stop.
A white man in his thirty-something sitting at the first place in the right head knocked on the table and said, "Gentlemen, I want to know, why did the stock price of Bijing fall by 30% within half an hour?"
This white man is Wells King, who is the first heir to the Wells family and is also the largest individual shareholder of Belijing, owning forty percent of Belijing's shares.
In other words, in just half an hour, Wells King lost $40 billion in wealth.
The Wells family is a mysterious and powerful family that has been making a fortune since World War I. No one can tell how much money it is, but they all have absolute controlling stakes in the world's most profitable industry leading companies.
For example, the largest oil companies, the largest arms companies, and even the major network companies that are now extremely popular and have a huge market value, the Wells family has many shares.
The power of this family is far beyond people's imagination.
Logically speaking, Wells King, a rich child born with a golden spoon, would not be so out of control because of a clean stock price falling by 30%.
After all, no matter how strong Beijie's money-making ability is, can it be compared with energy companies such as oil and electricity? Even if Beijie goes bankrupt, it will only lose tens of billions of dollars.
For the powerful Wells family, this is nothing wrong.
However, Wells, a powerful family that has existed for hundreds of years, is particularly strict and cautious about the choice of heirs.
It is not based on the seniority system, but based on the ability to be determined. Every member of the Wells family has the possibility of being promoted, as long as you have the ability.
When each descendant of the family reaches eighteen years old, the Wells Family Fund will provide a startup fund for the descendants.
The descendants who get this money can control the money at will, but the amount of benefits brought by this money is directly related to the possibility of becoming the heir to the Wells family.
The age of Bet Clean Company is older than Wells, so Wells cannot be optimistic about Bet Clean from the beginning and become its major shareholder.
After investing in several Internet companies with great momentum, he felt that the Internet economy bubble was too big. When the stock price of Internet companies did not grow much, he sold all his shares, thus turning to the industry and acquired forty percent of the shares of Baijiejing who he was very optimistic about.
His performance also successfully made him the first heir to the family.
But now there is such a big problem with Beijiejing and its stock price shrinking so seriously, it even threatens the position of the first heir to his family.
This made Wells King suddenly look like a furious lion!
Chapter completed!