Through the wealth life

Chapter 1157 The Impact of the Stock Market Crash
The actions of the United States this time have a huge impact, especially on the Asian financial markets. Xiangjiang also did not escape the fate of the stock market falling.

This time, it is not just American hot money that is selling. Many investors and investment institutions are frantically placing sell orders on the market. In order to be able to trade out earlier, they have pushed down the transaction price again and again. The Hang Seng Index has also fallen rapidly due to this.

This is not over yet. Not long after the Hong Kong stock market opened, news came again that the US destroyer stationed in Subic Bay crossed the South China Sea and approached the coastline of Vietnam. This is not only provoking Vietnam, but now the stock market has panicked .

When Li Guangyu received the news, he felt that the American consortium was crazy. This may lead to an escalation of the dispute at any time, and it also involves the mainland. If they continue to play like this, they are really not afraid of falling apart.

Although the South Korean government sent a letter of inquiry to the U.S. military, asking the U.S. military to explain why it sent a patrol plane to the North Korean airspace blatantly without consulting with them, but this did not play any role.

North Korea's reaction this time is also quite fierce, announcing that the troops on the line of control between the North and South Korea will implement a first-level combat readiness, and at the same time announce to the outside world that they will shoot down all hostile targets in North Korea's airspace.

The Vietnamese government, which only started to reform and open up to the outside world last year, did not show weakness at this time. At the press conference, it warned the United States not to violate Vietnam's sovereignty. The Vietnamese people and military are capable of repelling any enemy that violates their country's sovereignty.

The United States can be said to be blatant this time, just to let the whole world know about their actions, and the tension in Southeast Asia will suddenly rise.

In the Fifth Conference Hall of the Wheelock Building, the executive officers and presidents of the Lee Consortium in Xiangjiang are already in place, and even Cao Weiqing has come here.

After sitting down, Li Guangyu said: "Presumably you have understood the current situation, it is impossible for us to protect the Asian stock market, and now the American consortium is acting very crazy.

Hot money from all parties is afraid that the United States will choose to start a war in order to divert domestic economic and social conflicts. The stock markets in East Asia and Southeast Asia can no longer give shareholders, investment companies, and hot money from all parties a sense of security, and they all choose to withdraw funds from the stock markets around the world.

I'm afraid that before the situation on the Korean Peninsula and Vietnam calms down, it will be difficult for the stock market to rebound quickly, so we need to make some preparations for the next development. "

The impact of the stock market crash is all-round, not just the losses on the stock market. The inability to resume this time will inevitably lead to some listed companies becoming insolvent and directly declaring bankruptcy.

At the same time, it also caused many shareholders to suffer huge losses or even go bankrupt, and it would lead to a slowdown in the growth rate of local economic development, and in severe cases, stagnation may occur.

The decline in the income level of the local people and the decline in purchasing power will inevitably lead to heavy losses for the Lee consortium centered on Greater China and Southeast Asia. The performance of major groups will be greatly affected, especially the Bentley Group, Phoenix Group, and Zhonghua Electric Group. .

Xiangjiang Air Transport Group will also be greatly affected. Without money, there will naturally be fewer long-distance travels.

Du Yuemei said: "Li Sheng, we won't have too much loss in the stock market, and the market value of the stock market doesn't have much impact on us. We have an absolute controlling stake and don't worry about the stock price at all.

Our major groups also mortgage the shares of Xingyu Game Group and Hengyu Supermarket Group to several major banks in Japan, and have US$50 billion in debt. This is not a big problem for us.

Now what we need to consider is whether we should make some adjustments to our expansion pace and development direction due to the impact of this global stock market crash. "

In the stock market, the Li's consortium has never been worried, and they have not taken much loans. Now that they have fallen, they will naturally be able to rise back later. The shares are always so large, and they have no real losses.

Some of the shares acquired by the Li's consortium are high-quality stocks from various places. Although the development of various places may be affected by the stock market disaster, there may be some difficulties, but these high-quality companies are not easy to go bankrupt.

As long as the impact of the stock market crash is eliminated, the market value of these companies will naturally rebound at that time, and they don't need to worry about it.

The biggest problem now is that after the stock market crash, the demand for some products in various places will decrease due to economic reasons, especially in Southeast Asia, which is an extremely important market for the Li Group. Make adjustments.

At the same time, Tianyu Bank should also pay attention to the issue of lending. After the stock market crash, there may be some bad debts. Tianyu Bank should try its best to reduce its losses.

Chen Dong said: "The impact of the stock market disaster is very wide, not only Japan, South Korea, Xiangjiang, Taiwan and Southeast Asia, but also Australia, Canada, South America, and Western Europe. These regions are also our main markets.

Especially our Bentley Group and Phoenix Group, whose products are all luxury goods. After the stock market crash, due to income problems in various places, those who originally planned to buy had to choose to give up, so these groups must be prepared.

I personally think that in such a period, we need to increase our development and deployment in inland and Eastern Europe to avoid a decline in the performance of our major groups. "

Affected by this economic crisis, it is highly probable that the performance of many groups will decline in the fourth quarter, especially groups such as Bentley, Phoenix, Zhonghua Electric, Feiyu, Xingyu, and Jinlin Toys.

All the high-level executives know that after the global stock market crash, everyone's life is not easy. At least it is impossible to have a good growth in the fourth quarter of this year. Now they want the group to have a good performance. Only to develop new markets, especially the markets that have not been affected by the stock market crash.

There is no hope for Eastern Europe for the time being, and the door there has not been fully opened. At this time, they can rely on Donghua Trading Company to sell products there, and the inland is their best choice.

The inland population exceeds one billion, people's income continues to increase, and the market is gradually growing. At this time, there are no other large groups competing with them, and it is a good time for them to occupy the market.

Fujiwara Huiyin has long wanted to accelerate the expansion of the South China Electrical Appliances Chain Group in various places, especially in the Mainland. She will naturally not give up this time when she has such an opportunity.

After the executives stopped speaking, she said aloud: "Li Sheng, the sales performance of our South China Electric Group in the mainland has been increasing month by month in the past few months. The demand for home appliances in the mainland is very large. I hope to continue to expand our sales in the mainland." The number of stores in the mainland allows our South China Electric Chain Group to have our stores in cities that are open to the outside world and every provincial capital city, and can cover most of these cities."

At present, the directly-operated stores of Li's group in the mainland can only be deployed in cities that are open to the outside world and various provincial capital cities, and other cities are temporarily unable to enter the market.

The South China Electrical Appliances Chain Group has less than [-] stores in the mainland. It is far from enough to cover the cities open to the outside world and major provincial capitals. In cities like Shanghai, Beijing, and Huadu, each of them needs to have five or six stores. Large stores, small community stores need more.

……

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(End of this chapter)