Technology: Breaking the monopoly global hegemony

Chapter 759 I Will Sell You High Priced Lettuce?

Chapter 759 I Will Sell You High Priced Lettuce?

"Our shares in Hanxing have earned billions of dollars, and if you count assets, it is now worth tens of billions.

What Kyushu Science and Technology destroys is our interests!If Hansung Electronics can survive this crisis of collapse, there will be more room for development in the future.

Ladies and gentlemen, please don't forget that they can already start manufacturing 3NM chips, and they also have independent software and 3D chip stacking technology that can rival Kyushu's technology and industrial software. "

When a senior executive of Citibank on Wall Street said this again, he was filled with righteous indignation and made a big picture.

Obviously, whether to save Han Xing or not, in the eyes of the real beneficiary capital of Han Xing Electronics, there are also obvious differences.

Some want to give Hanxing Electronics to Kyushu Technology in exchange for cooperation opportunities.

Some want to save Hansung Electronics, and even dream of relying on Hansung Electronics to repel Kyushu Technology's product offensive.

In Korea, in the midst of the chaos at this time, there was a scene of "singing and crying".

Experts attended the presentation, Hanxing Electronics executives showed up to express their views, and Li Zairong, who finally woke up, added another firewood to the fire.

"Hanxing Electronics is a Korean national company, and we have good cooperation with the world's top companies such as Kyushu Technology, Xiawei, and Pingguo.

Whether it is technology licensing or display panel sales, we will continue to lead Korean companies to go overseas and to glory!

When the stock of Hansung Electronics plummeted, our company carried out buyback measures to subsidize shareholders, so please rest assured that Hansung Electronics has no problems, and there will be no problems in the future.

Even if there are some small mistakes occasionally, we will do our best to make up for them! "

With a ruddy complexion and firm eyes, Li Zairong waved to everyone present after delivering his speech, causing countless people to "spontaneously" applaud.

Due to the recent foreign investment into Korea, the stock price of Hansung Electronics was on the rise. After Lee Jae-yong's speech was broadcast across the country, it triggered a frenzied buying frenzy.

July [-]th.

According to the information released by the Korea Exchange, the shareholding ratio of individual investors in Hansung Electronics reached 18.96% on July 2020, more than three times the 6.18% recorded at the end of [-].

The number of individual shareholders of Hansung Electronics has exceeded 500 million.

Hansung Electronics also released the group's semi-annual report in due course. As of the end of June, a total of 6 minority shareholders held less than 4.546% of Hansung Electronics' shares.Considering that individual investors have bought 497 trillion won worth of Hansung Electronics shares since July, the number of individual shareholders may have exceeded 1 million.In other words, one out of every 7 Korean citizens owns shares in Hansung Electronics.

For a while, the stocks of Hansung Electronics led the stocks of Korean chaebols such as Hyundai and LG to rise. When the public saw the skyrocketing stock market, more and more Korean parents said: "We intend to hold the stocks of Hansung Electronics all the time, even pass it on to our children."

The money printed by Goryeo's finances played the role of "icing on the cake" at this time, and the stock market and property market eagerly absorbed these banknotes.

Korea is a scene full of flowers and flourishing.

Experts are guests on the financial channel every day. One says they support domestic products, the other says that real estate and stocks still have great development potential, and they explain world finance to the audience with crazily polished data.

It seems that in order to deal with the overheating of real estate, Korea has introduced the most stringent property market regulation policies in history, including increasing the down payment ratio of mortgage buyers from 50% to 60%. The repayment amount of home buyers cannot exceed [-]% of annual income, which was previously stipulated to be no more than [-]%.

According to Korean media reports, since 2023, house prices in some places in Seoul have risen by more than 400%. There are even 404 people bidding for a house in Gangnam District, Seoul, which shows the popularity of the Korean property market.

And this phenomenon is very contrary to today's global real estate market.

With the Federal Reserve raising interest rates and shrinking its balance sheet more than previously expected, private islands in North America, Canada, Italy, Greece, and Panama have now seen a wave of luxury home sales starting in 2022, and almost the global property market has begun. There are signs of a decline.

However, the real estate market in Korea has not fallen but increased.

Some people say that Daxia Capital is the one that stirs up the real estate market in Korea, but no one doubts that.Because the real estate market has cooled down rapidly in the past two years, although most of the hot money has gone into other industries, there are still many people who are used to speculating in real estate and go abroad to speculate.

On the other hand, which ordinary citizens of Korea cannot see, many foreign capitals have begun to withdraw from Korea.

For example, the proportion of foreign capital holdings in Korean Star Electronics has plummeted from a peak of 58.01% to 49%.

There is also the business of exchanging Korean won for foreign currency, which is also rising with the tide, but this boat is a foreign currency boat, because there is too much water in Korean currency.

On July 1th, the day when the people of Korea cheered, the Korean won exchange rate fell below 1320 US dollar to 6.76 won (approximately [-] summer yuan), and this is the official price limit. If the exchange business volume is large, the exchange rate will have to be adjusted again reduce.

This means that six yuan of summer yuan can easily be exchanged for about 2009 won. This is the first time since 14 that the exchange rate of the won has fallen below 1320 won again after [-] years.

And due to the huge drop in the exchange rate, agricultural products such as vegetables, kimchi, meat, eggs, and milk that Daxia sold to Korea also began to implement real-time exchange rate settlement.

Often the trucks transporting Northeast Chinese cabbage by agricultural trade companies are still on the way, and every day the truck is delayed, it will earn hundreds or even thousands of Xia Yuan more.

Even immersed in the joy of soaring stocks and real estate, Korean citizens have also found that the cost of living has begun to soar.

Du Daejin is the owner of a restaurant in Mapo District, Seoul. The stock price has been soaring recently, and the real estate price of his store is also skyrocketing, so he has been in a good mood.

But today, this good mood was turned into a mess by the supplier.

"Xiba! We've been working together for so long, and you're selling me a bundle of lettuce for [-] won?! I'm going to the relevant department to sue you!"

The vendor who was threatened by the regular customer waved his hand and said helplessly: "Do you think there are still 3 yuan bundles of organic lettuce on the market now?

We have cooperated for so many years, will we sell your vegetables with poor quality?Now it's either 4 yuan in bundles of big summer organic lettuce, or [-] bundles of local greenhouse lettuce.

If you need, I can replace it with local ones.

In addition, the prices of vegetables and other agricultural products imported from Daxia have been increasing recently, so our order prices will also be updated daily, instead of once a week as in the past. "

Panting heavily, Du Dajin looked at the order menu handed over by the supplier, took it over, and then began to write and draw.

(End of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like