Chapter 261 One Goes Down and the Other Goes Up

After the Keelung Stock Exchange was fully opened to the country, the domestic Pengcheng Stock Exchange and Shanghai Stock Exchange were also thinking about related reforms.

After all, if the Keelung Stock Exchange does not change its current strategy, the leader of the Dongtang Stock Exchange may have to be replaced.

Especially with the Galaxy Consortium’s full support behind the scenes, the future of the Keelung Stock Exchange is immeasurable.

It is estimated that Sanxin and Alibaba, which were delisted from the Mi Stock Exchange, may also be relisted on the Keelung Stock Exchange, together with other company groups in the Galaxy.

This kind of forcing effect soon made the two major stock exchanges in the mainland restless.

Many domestic companies that want to be listed are also contacting Mars Securities Company and Meteor Securities Company to prepare for listing on the Keelung Stock Exchange.

After all, the Class B shares of the Keelung Stock Exchange have different rights for the same shares, which is a huge temptation for entrepreneurs who do not want to lose control of the company.

Of course, the Keelung Stock Exchange's approval of listed companies is very strict. For companies that do not have expected future profits or are ready to cash out and leave, the China Securities Regulatory Commission will not approve their listing.

To avoid the emergence of junk stocks like Zhangzidao and Kangmei Pharmaceuticals, the scallops on Zhangzidao either escape or die every year. Is the scallop breeding area of ​​Zhangzidao a cursed place? So many disasters?

This is no longer about treating stock investors as fools, but about treating them as air. Every year, scallops have to run away to cut leeks. Can't there be a better reason or excuse?

For example, it can be said that nuclear pollution from the Fukushima Nuclear Power Plant in the Sunland caused the collective death of Zhangzidao scallops; or that global warming caused the collective migration of scallops; otherwise, it can be said that they were illegally harvested.

There is the same reason every year. The techniques used to engage in pyramid schemes and fraud are updated every year, so why can’t we learn from them?

Cutting leeks also requires sincerity and skill.

…

March 12th.

With the help of Zhong's subroutine, the winning results of new share subscriptions for newly listed Taiji Electric, Yadi Corporation, Dongdao Water Supply, and Haifeng Wind Power were finally released.

Among the tens of millions of individual accounts and institutional accounts participating in the subscription, the winning rate is as high as 80%. And because many institutions or private equity funds have not obtained enough chips, it is estimated that these stocks will skyrocket for a period of time after the market opens on March 14.

In particular, the management of the four companies have promised on their official websites and securities APPs that dividends will be paid out in the first quarter of electronics profits, which has made many investors plan to hold shares until April 1.

This has also made it more difficult for institutions to attract funds, not to mention that the Keelung Stock Exchange has successively announced the listing of a series of companies such as Sanxin Electronics, Thor Electric Vehicles, Pengpai Power, Hony Battery, Xiaoxiong Battery, Qisha Company, etc. plan.

Suddenly the entire market became hot, and many funds were already gearing up to enter the market. If the Keelung Stock Exchange only allowed domestic individuals or institutions to subscribe and trade, many foreign funds would also come in.

After all, among the world's stock markets, the domestic stock market is growing. Even for Big A, which is restricted by rules, the index of Big A has risen to more than 4,700 points as of early March.

Domestic semiconductors, electric vehicles, the Internet, and electronic equipment are now No. 1 in the world. Not only are they powerful in technology and have a complete industrial chain, but they also account for more than half of the country's market share.

As for foreign stock markets, they have plummeted terribly, especially the rice stock market, which has been hit hard. It can be said that it is now in dire straits.

Recently, we have encountered a large-scale delisting wave of Dongtang companies in the Mi stock market, which is like a rainy night.

In 2018, Milijia's economic growth even experienced negative growth, which is why Milijia now has to suspend the trade war.

Their semiconductors, cars, Internet, and electronic equipment have been hit by Galaxy Technology and are now in danger.

…

Detroit.

General Motors plant.

"Rem, have you heard?" A brown-skinned South American whispered to the white middle-aged Rem next to him.

Rem knocked out a screw on the production line, and then asked in a low voice:

"Arturo! What's going on?"

Arturo looked around, then sniffed, moved closer to Rem and whispered: "The company plans to lay off employees."

"What!" Rem's voice rose a little higher.

"Shh!" Arturo quickly stopped him.

Rem's face looked a little ugly, and he asked again in a low voice: "Is it true or not?"

"I heard the manager's assistant talking on the phone in the bathroom yesterday evening. It seemed that the higher-ups had decided to close the factory." Arturo said in a low voice.

"Fake Squid! These pieces of shit, aren't we going to lose our jobs?" Rem said angrily.

"The superiors want to move this factory to Annan. It seems that the wages there are only one-tenth of ours." Arturo said helplessly.

Rem became a little desperate. After all, he still had a family and a credit card to repay. If he lost his job, his house might be forced to go bankrupt by the bank because he could not repay the credit card.

When he thought of his wife and two children at home, he couldn't help but pray, hoping that Arturo's words were false.

"Arturo, tell me this isn't true?"

"Rem, I also hope it's fake, but two parts factories in Texas have been closed down last month. The possibility of our factory being closed down is very high." Arturo was also in pain.

Arturo knew that in the past two years, the Mi Li family's domestic economy had really been in decline, and the semiconductor industry was the first to suffer. Although the ten old men would keep teasing, they could only look up to the sky and sigh: they were powerless.

In the entire Milijia semiconductor industry, the layoff ratio is as high as 40 to 60%, which shows the seriousness of it.

Next is the automobile industry, which has been overwhelmed by Dongtang electric vehicles, and the Internet industry, which is currently declining rapidly.

The unemployment wave has swept through the entire society, causing a lot of chaos and crime throughout the society.

When Arturo and Rem were worried.

The factory supervisor, Fatty Chocolate, and his assistant called everyone together.

This action shocked Arturo and Rem. It looked like the situation was not good!

"Is everyone here?" Fatty Chocolate asked his assistant.

"Two have taken leave, and the rest have arrived."

"Those two who asked for leave, you will inform the company of the decision later." Chocolate ordered.

"OK."

Chocolate turned around and clapped his hands: "I am calling everyone together today because I have a very regrettable thing to announce. The head office has decided to close this factory."

"What!"

"Oh my God!"

"Manager Chocolate, what about our jobs?"

"Mr. Manager, you can't do this!"

"Shit!"

"..."

Chocolate also said sadly: "Although I really want to keep this factory and have made suggestions to the head office many times, I can't do anything about the head office's decision."

"Everyone, go to the finance department to settle wages and compensation!" the assistant said helplessly.

A group of workers cursed in slang, many smashed factory equipment in anger, and some were stunned or burst into tears.

All kinds of things in the world are going on in the factory at this moment, and the supervisor Chocolate does not dare to stop these angry workers. After all, factory riots have occurred in other places before, and the management was shot in the head when they tried to stop them.

Chocolate, his assistant and others do not want to bring glory to the company.

This incident can only be said to be a microcosm of the social environment of the Mi Li family.