"The stock market is too crazy, 1.55 trillion US dollars, it's scary."

"This market value is definitely too high. No matter how much money Kirin Group makes, this market value bubble is too big, 15 times the price-earnings ratio."

"Idiot above, Apple, Google and other companies, which one's price-earnings ratio is not more than 15 times? Why don't you say that their price-earnings ratio is high? Bubble?"

"Support brothers! Some people just can't stand up after kneeling for too long. Kirin's annual net profit is more than 90 billion US dollars. Looking at global listed companies with such financial reports, except for traditional energy companies such as Saudi Aramco, which global technology stocks have higher than Kirin Group? In my opinion, Kirin Group's market value should be 2 trillion US dollars."

"2 trillion US dollars is high. I think 1.5 trillion US dollars should be the reasonable valuation of Kirin Group."

Institutions and large retail investors who participated in the IPO and bought shares in advance were very excited.

Massive profit.

It's really a huge profit.

Those who participated in the IPO in advance and bought shares have basically doubled their money.

Some have strong determination and did not sell until the high point.

All have more than doubled.

"The wisest decision I have made in my life is to participate in the Qilin IPO. In less than a month, I made more than 2 times the money!"

"Haha, my small treasury suddenly increased by 130 million US dollars. It turns out that finance is still profitable."

"Mr. Mittel, when will the IPO shares of Nanhai Pharmaceutical go on sale? I can't wait to buy them."

"And me~~Mr. Mittel, I will buy too!"

"I..."

After the IPO of Qilin Group, countless institutions and retail investors who participated in the advance stock purchase made a lot of money. They have set their sights on several companies that are about to be listed, such as Nanhai "647" Pharmaceutical and Dream Chaser, and they are clamoring to buy them.

After all, no one wants to miss this 100% money-making opportunity.

However, if you want to participate, you can't just have money to buy it.

You need connections.

There are too many rich people in the world, why should they sell it to you?

The next day.

The stock price of Qilin Group was in a slightly rising state.

Finally, at the close of 4 pm, the market value remained at 1.61 trillion US dollars.

"It seems that everyone is rational."

"I think the current stock price of Qilin is too high."

"That's good!"

"2 trillion US dollars is indeed a serious premium."

"Around 1.5 trillion US dollars is the reasonable market value of Qilin."

After hearing the news, Xiao Yunhai raised his mouth slightly, smiled faintly, and said in a gentle tone.

"It's just that your highness, the stock market is booming, and the exchange rate is a bit out of control. Now 1 US dollar is exchanged for 2.47 Chinese yuan. I'm worried that if it continues to rise like this, it will affect our foreign trade industry."

Li Tianlin, the finance minister, said.

"What do you, the business minister, say?" Xiao Yunhai looked to the sideMinister of Commerce Zhai Xiaoming, the latter is in charge of exports.

"Your Highness, there will be some impact, but it is not a big problem, after all, the exchange rate increase is not that big."

"Hmm~~" Xiao Yunhai nodded, and his eyes turned to Li Tianlin: "As long as 1 US dollar does not rise to 2.4 yuan, there is no need for excessive intervention."

"Market economy, too much intervention is not allowed."

"You can't always intervene, it's healthy to have ups and downs."

"In addition, our export commodities are all high-value commodities, many of which have no substitutes, so there is no need to worry about lack of competitiveness."

Whether it is batteries, medicines, daily chemicals, new energy vehicles, smart translation equipment, or LCD TVs, they all have strong market competitiveness.

Take new energy vehicles.

One battery technology can control the global new energy vehicles.

Although Japan, South Korea and Longguo can all develop lithium battery technology, they are far behind Xinhan.

This is just like the difference between using Ningwang batteries and using unknown brands of batteries in the era of new energy vehicles.

But the technical gap between Ningwang and other manufacturers is not that big.

The gap is gradually narrowed by other manufacturers.

But the technology of Xinhan batteries is different. It uses new materials.

Let alone a few years, even if it takes another 20 or 30 years, it would be a very good thing to catch up with the early black gold battery technology level of Xinghai Battery Company.

Not to mention the new generation of super-god batteries of Xinghai Battery.

Speaking of batteries.

Xinghai batteries are now selling more and more vigorously.

With its stability and safety, in addition to new energy vehicles, electric motorcycles, yachts, UPS, mobile phones, tablets, computers, drones, power tools and other fields, it has now expanded to energy storage.

Currently, Shaluotuo uses black gold batteries for solar energy and photovoltaic energy storage.

Higher energy density.

Although it is more expensive than lithium batteries, it does not take up space.

And the number of cycles is much stronger than that of lithium batteries.

And it is also resistant to high temperatures.

Except in the desert.

It is also exported to Europe.

Countries like Holan, Danmai, and Britain use wind power generation, and now they have also switched to black gold batteries as energy storage.

With the increasing application of battery technology, Xinghai Battery has great potential in the future, and revenue exceeding one trillion US dollars is not a dream.

This is also why he did not choose Xinghai Battery Technology Company to go public.

Qilin Group and Nanhai Pharmaceutical Company, to put it bluntly, the gap between them is not very large and it is easy to catch up.

In this case, you have to divide the cake, introduce capital, and make the cake bigger as soon as possible to resist risks.

And like Xinghai and Jimin.

Give it ten years, if the opponent cannot surpass it, there is naturally no need to divide the cake. Buy it or not, anyway, there is no shortage of customers.

Therefore, as long as the exchange rate does not reach 1 US dollar to 2 Chinese yuan, it will have little impact on Shinhan's exports.

After all, Shinhan productsIt is highly competitive.

Many of them are monopoly industries.

Of course, from the perspective of economic development and people's livelihood, as an export-oriented economy, a stable exchange rate is more conducive to economic development.

However, from another perspective.

If the exchange rate appreciates, it will be good for imports.

Originally, 2 Han yuan bought 5 jin of rice.

After the exchange rate appreciates, it may only take 1.5 yuan to buy 5 jin of rice, which means that Han yuan is valuable and imported products are cheaper.

And this is a good thing for countries that need a lot of imported products.

However, if you can't export, how can the exchange rate go up.

"Li Tianlin, you stay."

After the meeting with everyone, Xiao Yunhai left the finance department Li Tianlin.

The latter sat back after hearing this.

After everyone left, Xiao Yunhai asked, "How is the capital outflow? Is there any large-scale withdrawal of funds?"

Although Xinhan implements a free foreign exchange management system, the inflow and outflow of funds still need to go through the central bank's settlement channel.

It doesn't mean that once you transfer your phone, the money will go abroad.

It needs to be processed by the central bank.

Especially cross-border business.

Li Tianlin shook his head: "There is no large-scale withdrawal of funds at present."

"But I have arranged for someone to pay attention."

"Hmm~~" Xiao Yunhai felt relieved.

He was worried that the stock market bubble was too big, and foreign capital would come in and run away with the money.

For example.

Take 100 billion US dollars in, raise the stock price, and then sell it at a high price.

Cash out 200 billion US dollars and leave.

For ordinary people, the loss may not be big.

But for the country, it lost $100 billion in foreign exchange.

What it got was a "stock market".

After the foreign capital withdraws, it often spreads rumors and badmouths the other party's economy, which then causes the stock market to plummet further.

Then it affects the exchange rate.

At this point, foreign capital will enter the market with a sack of money and acquire high-quality assets at low prices. This combination of punches has been used to harvest the world crazily before.

It's even more disgusting.

After the harvest, if there is no use value, or support the opposition, and then launch a coup.

Clear the debt.

Repeat this cycle, and after a period of time, come to harvest a wave of leeks.

Latin America and Southeast Asia have been harvested repeatedly in this way before.

In the next week, the stock price of Kirin Group fluctuated.

At the highest, the market value reached 1.8 trillion US dollars.

At the lowest, it was 1.43 trillion US dollars.

But it was quickly pulled back. (To read the exciting novels, go to Faloo Novel Network!)

It stabilized at around 1.52 trillion US dollars.

After all, the net profit is there.

There are also Apple, Samsung, etc.Many companies are used as references.

It is impossible to reduce the market value of Qilin Group to less than 1 trillion US dollars.

Even if Wall Street consortium comes, it will not work.

Besides, Xiao Yunhai is eager to reduce the market value so that he can let Oasis or the Royal Investment Bureau purchase goods.

It is impossible for foreign capital to buy at the bottom.

He himself has bought at the bottom, how can he let outsiders get a bargain.

August 27.

Bangji Island Development Company went public.

The stock price rose by 55% on the first day! The market value reached 63.2 billion Hanyuan.

It fell the next day.

The real industry and heavy asset operation are naturally not as good as technology stocks.

On August 29..........

Xinghai Airlines went public. []

As the largest airline in Southeast Asia, Xinghai Airlines owns 93 Boeing 737 and Airbus A320 series aircraft, 9 Airbus A330 aircraft, 19 Airbus A350 series aircraft, 18 Boeing 777 series aircraft, 15 Boeing 747 aircraft, and 9 Boeing 787 aircraft, a total of 153 aircraft.

In addition, there are 23 Boeing 777 and 20 Airbus A350 aircraft that have not been delivered.

It is not ranked in the first echelon in the world.

But it is definitely No. 1 in Southeast Asia!

Xinhan is a major tourism and medical country.

A large number of people come to Wuhan every year.

In this case, while other airlines increase flights, Xinhan’s local airlines must also increase their fleets.

First, it is profitable.

Second, it is not controlled by others.

Besides, it doesn’t matter if we don’t make money. We don’t mind losing $2 billion every year.

After all, as long as we attract foreign tourists to Xinhan, the benefits it brings are many times greater than the losses of airlines.

Besides, it has not lost money yet.

It has 153 aircraft assets, and 43 have not been delivered.

Last year’s net profit was 2.57 billion yuan.

The IPO valuation was 27 billion yuan.

After the official listing.

The highest on the first day was 55.9 billion yuan, and the closing market value was 49.1 billion yuan.

The closing market value on the second day was 50.8 billion yuan.

It remained at around 48 billion yuan in the following days.

This market value can only be said to be average.

It is not overvalued.

The price-earnings ratio is less than 20 times.

Compared with other airlines, it is underestimated.

September 7.

Dreaming went public.

The market value on the first day was 281 billion Chinese Yuan, and the closing price was 275.5 billion Chinese Yuan, which is equivalent to 111.5 billion US dollars (1 US dollar is 2.47 Chinese Yuan!)

It became the third listed company of Shinhan with a market value of over 100 billion US dollars.

September 12.

This day was the last company from the royal family to be listed in the Shinhan Enterprises Concentration, and alsoIt is the world's second largest pharmaceutical company. Nanhai Pharmaceutical Company went public two days ago. Nanhai Pharmaceutical announced its financial report last year. In 2015, the annual revenue was 257.8 billion Han Yuan, and the net profit was 97.4 Han Yuan, which blinded countless titanium alloy eyes. Everyone knows that the pharmaceutical industry is a highly profitable industry, but they did not expect the net profit to be so high. The reason why it is so high is that it is cheating. The second is that the drugs sold by Nanhai are basically difficult and complicated diseases that other pharmaceutical companies in the market have not overcome. It is equivalent to a unique family with no competitors. The selling price is naturally high. The high price and high net profit are not surprising. Seeing that Nanhai Pharmaceutical, the world's second largest pharmaceutical company, has a revenue of 257.8 billion Han Yuan, some people speculate that Jimin Pharmaceutical is estimated to be worth trillions of Han Yuan.

After all, Jimin Pharmaceutical produces more types of medicines than Nanhai, and it can also treat cancer. Cancer alone can generate 500 billion to 600 billion in revenue for Jimin Pharmaceutical.

Not to mention a series of medicines and daily chemical products that can enhance female X, male length, eye vision recovery, etc.

Some people speculate that after Nanhai Pharmaceutical goes public, its market value should be higher than that of a technology company.

Although its revenue is not as good as that of a technology company.

But the price-earnings ratio of pharmaceutical companies is incomparable to that of Internet companies.

The barriers to entry for pharmaceutical companies are very high.

Usually, the price-earnings ratio is more than 30 times.

For pharmaceutical companies with strong R&D capabilities like Nanhai Pharmaceutical, the price-earnings ratio is even higher.

Companies like Pfizer, AbbVie, Eli Lilly, etc. are basically more than 40 times.

If calculated according to this price-earnings ratio, it would be more than 3 trillion yuan.

It is obvious that the water in the pool was sucked away by companies such as Qilin and Yidian Technology, and the PE ratio of the listing cannot be that high.

Sure enough, the highest market value on the first day was 2.55 trillion Chinese Yuan, and the market value at the close was 2.32 trillion Chinese Yuan.

In the next two days, the market value fell again.

By September 19, the market value stabilized.

And the market value at this time was 2.11 trillion Chinese Yuan.

The PE ratio was only more than 20 times.

It is not that Nanhai Pharmaceutical Company is pessimistic, but the water in the pool has been drained.

According to the current exchange rate of 1 US dollar to 2.47 Chinese Yuan, the market value is 854.2 billion US dollars.

It has become the world's second largest listed company after Qilin Group.

And some people have counted the dozens of stocks listed by Xinhan, and converted into US dollars, the total market value is as high as 3.75 trillion US dollars.

It has surpassed Hong Kong stocks and become the world's third! .

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