Will the side effects of AI get worse?
Friends, few people may have thought that the biggest side effect of artificial intelligence is to increase the divorce rate. In the downturn in the stock market, the AI sector became the leading sector, triggering a wave of divorces. This year, the majority shareholders of nine AI companies are all divorced, which is amazing. Do you think their divorce was due to a breakdown in their relationship? In fact, they are trying to create more wealth and thus use divorce to split the stock, which can lead to a massive stock sell-off.
Recently, Mr. Tang, one of the actual controllers of chip leader Excellence Micro, divorced, and he transferred more than eighty percent of his shares to his ex-wife, worth more than 3 billion yuan. On the same day, the ex-wife of the actual controller of Kunlun Wanwei also issued a reduction announcement, planning to sell 3% of the shares, worth about 2 billion yuan, and said that she would help the company relieve financial pressure, lending half of the cash amount to the company at an annual interest rate of 2.5%, and converting equity into debt.
In addition to the high-sounding reasons, this borrowing method has a more important purpose, which is to minimize the negative impact of the reduction and maintain the stability of the stock price. After all, the majority shareholder still holds more than 10% of the company, and in this reduction plan, the majority shareholders have benefited a lot.
Especially for Li Qiong, the divorce was originally to achieve a reduction in holdings, but due to the long-term low stock price of the company, the effect of reducing holdings was not ideal. However, now with the help of the AI concept, the company's share price has reached a new high in nearly 8 years, which makes her very satisfied.
Finally, I would like to remind the majority of shareholders that when they see any announcement about major shareholders reducing their holdings, they must be wary of the risk of falling stock prices.
