Daniel Zhang, chairman of Alibaba's board of directors, said at the Fortune Global 500 Summit that Alibaba is not currently concerned about stock prices. As far as Alibaba's current focus is on technology research and development, technological innovation can bring more possibilities to a certain extent.
As we all know, Alibaba stock fell to an all-time low in 2020, which has put Alibaba on the cusp of the stock market. In addition, Ali's suspected "two-choice one" monopoly behavior has made people have different opinions, which is bound to bring about the decline of stocks.
On October 5, 2021, Alibaba's Hong Kong stock price fell all the way to a new low this year. K-line data shows that Alibaba (Hong Kong stocks) has hit a high of HK$309.4 since October 2020. In the past year, Alibaba has fallen by about 47.57%, and its total market value has evaporated by about HK$3.2 trillion.
Affected by anti-monopoly policies and other factors, Alibaba was fined a huge amount of 18.228 billion yuan. Affected by this, from the data provided by Yonghong Technology in the following figure, it can be seen that Alibaba Group suffered its first quarterly loss since listing in 2020.
Since China's anti-monopoly law came into effect in 2008, in 12 years, Internet companies led by Alibaba have developed rapidly and expanded rapidly. Looking at the development trend of Internet giants such as Ali, although the rapid growth has affirmed the strength and development strategy of enterprises to a certain extent, it is also the development trend of an era.
But too much rapid territorial expansion is dangerous, because the scale of the enterprise to the extreme is a monopoly. Monopolies have always been the enemy of the development of the market economy, and both the European Union and the United States have anti-monopoly law enforcement agencies. In the process of market economy institutional mechanisms, monopoly is a particularly important one, and the environment of fair competition has always been the core value of market economic development.
On the one hand, since ancient times, China has valued harmony and sought fairness and reasonableness in everything. On the other hand, from the perspective of consumers, enterprise groups use their own advantages and market share abuse policies to achieve the desired effect, and such monopolistic behavior directly harms the rights and interests of consumers.
Moreover, for competitors, the limited market share is monopolized by one company, and no matter how strategic the development model will be, it will lose in the huge monopoly. In the long run, this will lead to an imbalance in the market economy, consumers choose a single choice, and the possibility of the market is becoming less and less likely. Under the blessing of anti-monopoly policy, the outbreak of a series of problems such as fines is inevitable.
Kai-Fu Lee's book "Entrepreneurship is a Subdivision Monopoly" said that any entrepreneurship is an opportunity, a process of continuous pursuit of monopoly. For the group, the monopoly of the market is the monopoly of all profits, which is further extended to the monopoly of high-end talents and capital. Monopoly is the only way to prove the self-worth of a company in the pursuit of high market capitalization.
For Internet companies, not pursuing monopoly means risk, and there is great instability in the wave of development, if you do not pursue monopoly, it is bound to be monopolized, and enterprises will disappear. The Internet market is highly competitive, and the rules of survival of the fittest have been playing out.
Ali's female employees' complaints of sexual assault continued to ferment on the Internet, pushing Ali Group into hot searches for a while. From the perspective of public opinion, Alibaba's handling efficiency of female employee incidents has been controversial, which has also made netizens quite dissatisfied with it. It has had an impact on Alibaba's corporate reputation, hitting many investors' confidence, and also making many netizens speculate about the values and life style of Alibaba's senior employees.
The penalties imposed by regulators have left Alibaba's development in turmoil, whether it is the obstruction of Ant Group's IPO or the government's pressure on Alibaba for common prosperity, which shows that its development has undermined the market economic system.
Investors should now be aware that although Alibaba Group is currently profitable, its dividend period seems to have passed. Moreover, the government's participation in the industrial development of enterprises greatly affects the future transformation and upgrading of enterprises. Although from the perspective of long-term market earnings, the valuation of Ali stock trading still has room to rise.
As a strong investment market, consumers should also consider its pros and cons and invest within a reasonable range. The big plunge in stock prices is understandable, but as a giant enterprise in the Internet era, it should continue to adhere to the principle and manage talents while carrying out corporate culture construction.
People's Daily has long said that the times create heroes, alibaba group's success is not lost to Jack Ma Daniel Zhang and others, it is a symbol of the development of the times. The era has created Ma Yun, in the vast development of China's Internet market, it is precisely with the unity of time, place and people, and the scale of Ali has emerged today.
Daniel Zhang has made great contributions to the development of Alibaba Group, in addition to promoting the full market-oriented mobility of Alibaba e-commerce, he has also created a well-known Tmall Double Eleven event in China. But after this, Ali's high-end market and Jingdong are not separated, and the market share of Pinduoduo should not be underestimated.
The price war in the middle and low-end markets has won many customer groups for Pinduoduo. Although Alibaba's competition in cloud computing, partner traffic distribution and local service platforms has become more intense, Daniel Zhang's financial capabilities have made its group earnings report stand out. In the face of a series of problems in Ali, we should judge the situation, find the right time, and pay attention to the problem of internal development.
Once Ali should be de-Ma Yun, and now Ali should be de-Daniel Zhang. At the just-concluded Yunqi Conference, Daniel Zhang expressed hope to create more technologies with social value in the future. Ali's development has taken a step forward from the past model, and Ali's investment in education and basic scientific research is a witness to the social value of Ali's enterprise and scientific and technological development.
Whether it is Alibaba Group or other industries, we should seek truth from facts. Scientific and technological innovation should not only create value, but also not ignore social value, but also should plan the direction of future development, that is, today's era is already people-oriented, should be taken from the people, used for the people. Considering the needs and interests of consumers, enterprises will always exist in the market.
The ups and downs of Alibaba's stock trading market not only hit stock investors, but also hit Internet giants such as Alibaba Group to a certain extent, and shareholders also suffered great losses of interests.
After experiencing stock price fluctuations and scandals, Ali's corporate image and development prospects seem to have been questioned, and many netizens reflected that Ali should reflect on its corporate culture.
Although the current Daniel Zhang said that stock prices are not the focus, but the development of enterprises is also widely concerned by consumers. Technological development is the trend of the times, and enterprises cannot ignore the risks brought about by the decline in stocks. Investment risks not only involve Alibaba enterprises but also harm the interests of consumers and shareholders. A good corporate culture can win the trust and support of consumers, and can also guide employees to actively develop their careers, and can play a role in facing risks such as the stock market and the transition period of the enterprise.