On Monday, the Hong Kong stock yuan universe concept sector fell sharply, and a number of stocks “fell violently”.
Futu Niuniu market software shows that as of the closing on February 21, the Hong Kong stock yuan universe concept sector fell by 4.33%, of which the heart company fell by 11.79% and BiliBili fell by nearly 10% on the same day; Kwai has dropped more than 7%.
It is noteworthy that on the same day, the China Mobile Communications Federation yuancosmos Industry Committee (hereinafter referred to as “China Mobile union yuancosmos industry committee”) issued the yuancosmos industry self-discipline convention and proposed to resolutely resist the use of the concept of yuancosmos hot spots for capital speculation. Prior to this, the official website of the China Banking and Insurance Regulatory Commission issued a risk warning on Friday, proposing to prevent illegal fund-raising in the name of “yuancosmos” and the fabrication of false yuancosmos investment projects.
The self regulatory convention calls for a firm boycott of
using metauniverse speculation
In February 21st, the China Mobile Alliance Yuan Yuan Industry Commission issued the “Convention on the discipline of the yuan universe industry” (hereinafter referred to as the “Convention”). It proposed that the yuan universe business should be based on the service of the real economy, and resolutely resist the use of the concept of the Yuan universe hot spot to conduct capital speculation and avoid the formation of market bubbles.
The Convention points out that we should resist capital speculation and guide reasonable expectations. The most important application scenario of the yuan universe is the industrial scene. Business should be based on the service of the real economy, push forward the industrialization of the yuan universe and the development of industrial meta cosmalization, explain the development prospects of the yuan universe reasonably, guide the public to form rational expectations, and resolutely resist the use of the concept of the yuan universe to conduct capital speculation and avoid the formation of market bubbles.
It is reported that this is also China’s first meta universe industry self-discipline convention. Yu Jianing, the draftsman of the Convention and executive director of the China Mobile Alliance yuan universe Industry Commission, told the Securities Daily that at present, some companies have carried out unrealistic hype under the banner of Yuan universe. The so-called “innovation” has been divorced from the demand of the real economy and can not be landed on the ground. It is entirely speculative speculation, without value support, leading to serious bubbles. These chaos will make the meta universe deviate from the normal development track, and then seriously delay the development and construction process of the meta universe, and even affect China’s dominant position in the new round of global digital economy competition.
“The Convention formulated by the yuan universe Industry Committee aims to standardize the industrial order of Yuan universe, protect the legitimate rights and interests of Yuan universe related enterprises, resist capital speculation using the concept of Yuan universe, and promote the self-discipline, orderly, fair and healthy development of the industry.” Yu Jianing told reporters.
At the same time, Yu Jianing also revealed the next work direction to reporters: next, China Mobile union yuancosmos industry committee will carry out work from five aspects: strengthening the research on yuancosmos industry, accelerating the technological innovation and integration of yuancosmos industry, promoting the development of yuancosmos enabled entity industry, popularizing yuancosmos new thinking, and strengthening industry cooperation and self-discipline.
Coincidentally, on the same day, the first meta Universe China conference hosted by the meta universe Working Committee of the China Association for democracy and people’s livelihood and other institutions issued the Declaration on the self-discipline of the meta universe industry, which proposed to resolutely resist the excessive speculation and packaging of the concept of the meta universe and increase the publicity of the meta universe enabling industry; Strengthen the research and demonstration of the meta universe, have the courage to innovate on the premise of safety, controllability, discipline and law-abiding, based on the integration of meta universe technology and industry, empower the real economy, and reject the “fake big empty” meta universe.
“At present, relevant illegal and criminal acts under the guise of ‘yuan universe’ are beginning to appear, and there are many signs.” Ding Feipeng, director of Beijing Liantong law firm, told the reporter of Securities Daily that it is mainly concentrated in the following four categories: first, illegal fund-raising, which lures ordinary people to invest with high returns and high returns, with the characteristics of illegal fund-raising and fund-raising fraud; Second, the yuan universe chain game, which nominally plays games with recharged virtual currency, is actually suspected of illegal issuance of token tickets, online gambling and mixed currency money laundering; Third, the yuan universe virtual real estate category, through the hot concept and the hype of past stars, turns left hand to right hand, creates a false “earning effect” to lure ordinary investors into the market. Once they participate, the risk of taking the offer is huge; Fourth, the yuan universe virtual currency category. Some capital disks and MLM disks take the opportunity to issue yuan universe air coins. Most of these air coins are “unit price versions” that can be controlled in the background, or issued by using the public chain of the head exchange. The issuance cost is very low and has no actual value. It is difficult to escape the fate of returning to zero in the future.
several listed companies seize the track
experts remind to perform their duties
While chaos broke out in the meta universe, more participants are pouring into the meta universe track, including “head players” such as listed companies, looking for more opportunities.
The reporter of Securities Daily found that since this year, China Transinfo Technology Co.Ltd(002373) , Beijing Quanshi World Online Network Information Co.Ltd(002995) and other listed companies are accelerating the layout of metauniverse, accumulating core technologies and promoting content production.
Specifically, on February 21, China Transinfo Technology Co.Ltd(002373) said on interactive Yi that it has accumulated many core capabilities of “metauniverse”, including AI operation, digital twinning, simulation, etc., and is integrating these technology accumulation with general technologies such as intelligent voice interaction, so as to explore the applications and products of metauniverse in tob field, including but not limited to digital marketing, etc.
On February 20, Beijing Quanshi World Online Network Information Co.Ltd(002995) announced that it had recently reached a strategic cooperation with ume studios, a member of the Chinese culture group. The two sides will carry out comprehensive cooperation in brand building of virtual space and commercial operation services of derivative digital brand assets. Based on this cooperation, Beijing Quanshi World Online Network Information Co.Ltd(002995) and ume studios will jointly build a virtual interactive immersive cinema, shape the image of brand exclusive virtual space, build virtual derivative commercial assets, and establish new connections and new scenes with consumers by creating supporting contents of virtual digital assets under multi-dimensional application scenes.
On February 18, Genimous Technology Co.Ltd(000676) and Guoguang Electric Company Limited(002045) jointly invested and established yuancosmos joint venture Guangzhou zhidu cosmos Technology Co., Ltd., to build China’s first art yuancosmos community – “the other side of meta”.
“The ‘metauniverse’ is actually an expanded virtual space with the characteristics of interaction, immersion and cooperation.” Yuan Shuai, Deputy Secretary General of the Rural Revitalization and Construction Committee of China Cultural Management Association, said in an interview with the reporter of Securities Daily that as a new highland of global innovation and competition, the development of metauniverse industry can not only enable the high-quality development of game entertainment, medical and health, industrial manufacturing and other fields, but also accelerate 5g, data center The construction of digital infrastructure such as communication base stations and the development of new generation information technologies such as artificial intelligence, virtual reality, cloud computing, big data and blockchain.
Some industry experts also pointed out that listed companies need to perform their duties and protect the rights and interests of investors. “For listed companies, the layout of metauniverse should clarify the specific application scenarios, do projects in a down-to-earth manner, actively undertake social responsibilities, protect the rights and interests of investors and promote the healthy development of the industry.” Zheng Ding, President of Shenzhen information service industry blockchain Association, told reporters.
Zheng Zhixiang said that there are no clear and complete provisions on the ownership transfer and property right protection of the relevant virtual property of the meta universe at the legal level. The confirmation and utilization of the relevant virtual property will present more complex legal issues, which need to further promote the improvement of the legislation and standard system of the meta universe.
