Chapter 759: Will I sell you lettuce at a high price?
“Our shares in Korean Star have earned billions of dollars. If assets are included, it is now worth tens of billions.
What Kyushu Technology is destroying is our interests! If If Korean Star Electronics can survive this crisis, it will definitely have greater room for development in the future.
Everyone, please don’t forget that they can already start manufacturing 3NM chips, and they also have independent software and 3D chip stacking technology that is comparable to Jiuzhou Technology Industrial Software.”
Someone from Citibank on Wall Street. When a senior executive says this again, he is filled with righteous indignation and making crazy plans.
Obviously, in the eyes of the real beneficiary capital of Hanxing Electronics, there are clear differences between whether to save Hanxing or not.
Some want to give Hanxing Electronics to Jiuzhou Technology in exchange for cooperation opportunities.
Some want to save Hanxing Electronics, and even dream of relying on Hanxing Electronics to fight back the product offensive of Jiuzhou Technology.
In Goryeo, amid the chaos, an "emotional and touching" scene occurred.
Experts attended to explain, Han Xing Electronics executives showed up to express their stance, and Li Zairong finally woke up added another firewood to the fire.
"Hansung Electronics is a Korean national enterprise. 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 enterprises to go overseas and achieve glory!
When Hanxing Electronics’ stock plummeted, our company subsidized the return of shareholders. purchase measures, so please rest assured that Hanxing Electronics has not had any problems and there will not be any problems in the future.
Even if there are occasional minor mistakes, we will do our best to make up for them.”
Li Zairong, with a ruddy complexion and firm eyes, waved to everyone present after delivering his speech, which triggered "spontaneous" applause from countless people.
Due to the recent foreign investment in Korea, Han Xing Electronics' stock was already rising. After Li Zairong's speech was broadcast nationwide, it triggered a crazy buying frenzy.
July 15th.
According to information disclosed by the Korea Exchange, individual investors' shareholding ratio in Hanxing Electronics reached 18.96% on July 14, which was more than three times the 6.18% recorded at the end of 2020.
The number of individual shareholders of Hanxing Electronics has exceeded 5 million.
Han Xing Electronics also released the group's semi-annual report in due course. As of the end of June, a total of 4,546,497 minority shareholders held less than 1% of Han Xing Electronics' shares. Considering that individual investors have purchased 8.112 trillion won worth of Korean Star Electronics shares since July, the number of individual shareholders may have exceeded 5 million. In other words, one in 10 Korean people owns Hansung Electronics stocks.
For a time, 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 plan to hold the stocks of Hansung Electronics all the time, and 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 hungrily absorbed these banknotes.
The country of Goryeo is full of flowers and flourishing.
Experts are guests on the financial channel every day. One said they support domestic products, another said that real estate and stocks still have great development potential, and they used crazy polished data to explain world finance to the audience.
Seemingly in response to the overheating of real estate, Korea has introduced the strictest real estate market control policies in history, including increasing the down payment ratio for loan buyers from 30% to 40%. At the same time, in hot areas such as Seoul, The upper limit of the loan amount is limited, and the repayment amount of home buyers cannot exceed 50% of the annual income. The previous rule was not to exceed 60%. According to Korean media reports, since 2023, house prices in some places in Seoul have increased by more than 400%. There were even 404 people bidding for a house in Gangnam District, Seoul. The popularity of the Korean real estate market is evident.
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 beyond previous expectations, private islands in North America, Canada, Italy, Greece, and Panama have now seen a wave of luxury sales since 1022. Almost all global property markets are beginning to show signs of decline.
However, the Korean property market did not fall but increased.
Some people say that Daxia Capital is the one that is stimulating the Korean property market, but no one doubts this. Because the property market in Daxia has cooled down very quickly 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 have gone abroad to do so.
On the other hand, which ordinary citizens of Goryeo cannot see, many foreign investors have begun to withdraw from Goryeo.
For example, the proportion of foreign shares held by Hanxing Electronics has plummeted from the peak of 58.01% to 49%.
There is also the business of exchanging Korean won to foreign currencies. The rising tide also lifts all boats, but this ship is a foreign currency ship because there is too much water in Korean currency.
On July 15th, the day when the people of Goryeo were cheering, the Korean won exchange rate fell below 1,320 won per U.S. dollar (approximately 6.76 yuan in summer dollars), and this was the official price limit. If the exchange business is large, , this exchange rate will fall further.
This means that six yuan of Xia Yuan can be easily exchanged for about 1,400 Korean won. This is the first time in 14 years that the Korean won exchange rate has fallen below 1,320 won after 1,009.
And due to the huge drop in the exchange rate, agricultural products such as vegetables, kimchi, meat, eggs, and milk sold by Daxia to Korea have also begun to implement real-time exchange rate settlement.
Often the agricultural trade company’s truck transporting Northeast Chinese cabbage is still on the road, and each day the truck is delayed earns hundreds or even thousands of extra summer dollars.
Even immersed in the joy of soaring stocks and real estate, Korean citizens have discovered that the cost of living has begun to soar rapidly.
Do Dae-jin is the owner of a restaurant in Mapo District, Seoul. His stock prices have surged recently, and the real estate prices of his stores have also skyrocketed, so he has been in a good mood.
But today, this beautiful mood was turned into a mess by the supplier.
"Sibal! We have been cooperating for so long, and you sell me lettuce for 40,000 won per bundle?! I will go to the relevant departments to sue you!"
The supplier, who was threatened by the regular customer, waved his hand and said He said with a helpless face: "Do you see where there are organic lettuces worth 30,000 yuan per bundle on the market now?
We have cooperated for so many years, will we sell your low-quality vegetables? Now it's either 40,000 yuan for a bundle of Daxia organic lettuce, or 45,000 yuan for a bundle of local greenhouse lettuce.
If you need, I can replace it with local ones.
Yes, the prices of vegetables and other agricultural products imported from Daxia have recently increased, so our order prices will start to be updated daily, instead of being adjusted once a week as in the past.”
Du Dajin gasped, looked at the order menu handed over by the supplier, took it, and then began to write and draw.
(End of this chapter)