Galactic Tech Empire

Chapter 261
After the Keelung Stock Exchange was fully opened to the country, the domestic Pengcheng Stock Exchange and the Shanghai Stock Exchange are also thinking about related reforms.

After all, if the aggressive Keelung Stock Exchange does not change its current strategy, Dongtang Stock Exchange may have to change its position.

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

It is estimated that Sanxin and Ali, which were delisted in Migu, may also be relisted on the Keelung Stock Exchange, together with other company groups in the Milky Way.

This forceful effect quickly made the two major stock exchanges in the Mainland restless.

And many domestic companies that want to go public are also contacting Mars Securities and Meteor Securities to prepare for listing on the Keelung Stock Exchange.

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

Of course, the examination and approval of listed companies on the Keelung Stock Exchange is very strict. For those companies that do not have expected future returns or are ready to cash out and leave, the China Securities Regulatory Commission will not approve them to go public.

To avoid garbage stocks such as Zhangzidao and Kangmei Pharmaceutical, the scallops in Zhangzidao either escape or die every year. Is the scallop breeding area in Zhangzidao a cursed place? So many disasters?
This is not to be a stockholder is a fool, but to be a stockholder is air. Every year, the scallops have to die and flee to cut leeks. Can't there be a better reason or excuse?
For example, it can be said that the nuclear pollution of the Fukushima nuclear power plant in the Sun Country caused the collective death of scallops in Zhangzi Island; or that global warming caused the collective relocation of scallops; or it could be said that they were illegally harvested.

Every year is the same reason. The techniques of pyramid schemes and fraud are updated every year. Can’t you learn from them?
Cutting leeks also requires sincerity and skill.

……

3 month 12 day.

With the help of Zhong's subroutine, the newly listed Taiji Power, Yadi Company, Dongdao Water Supply, and Haifeng Wind Power's new share purchase results finally came out.

The success rate of tens of millions of individual accounts and institutional accounts participating in the subscription is as high as 80%, and because many institutions or private equity funds have not obtained enough bargaining chips, it is estimated that after the market opens on March 3, these stocks will skyrocket for a while.

In particular, the management of the four companies has already promised on the official website and securities APP that the first quarter electricity profits will be distributed as dividends, which makes many shareholders plan to hold shares until April 4.

This also makes 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, Raytheon Electric Vehicle, Surging Power, Hony Battery, Xiaoxiong Battery, Qisha Company, etc. plan.

The enthusiasm of the entire market was immediately ignited, and a lot of funds were ready to enter the market. If the Keelung Stock Exchange only allowed domestic individuals or institutions to purchase and trade, many foreign funds would also come in.

After all, among the stock markets around the world, the domestic stock market is growing. Even if it is the big A that is restricted by the rules, the index of the big A has risen to more than 4700 points by the beginning of March.

At present, domestic semiconductors, electric vehicles, the Internet, and electronic equipment are number one in the world. Not only is the technology strong, the industrial chain is complete, and the market share also occupies more than half of the country.

As for foreign stock markets, they have fallen terribly, especially the rice stock market, which has been hit positively, can be said to be in dire straits.

Recently, Dongtang Enterprises encountered a large-scale delisting of rice stocks.

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

Their semiconductors, cars, Internet, and electronic equipment have been hit by Galaxy technology, and they are now in jeopardy.

……

Detroit.

General Motors plant.

"Rem, have you heard?" A brown-skinned South American said softly to Rem, a white middle-aged man beside him.

Rem drove down a screw on the production line, and asked in a low voice:

"Arturo! What's the matter?"

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

"What!" Rem's voice raised a bit.

"Hush!" Arturo hurriedly stopped the other party.

Rem's face was a bit ugly, and he asked again in a low voice: "Really?"

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

"Fack squid! This bunch of shit, aren't we going to lose our jobs?" Rem said angrily.

"The higher-ups are going 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 credit cards to pay back. If he lost his job, his house might be filed for compulsory bankruptcy by the bank because he could not repay the credit cards.

Thinking of his wife and two children at home, he couldn't help praying, hoping that what Arturo said was false.

"Arturo, tell me this is not true?"

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

Arturo knew that in the past two years, the domestic economy of Mi Li's family has really failed, and the semiconductor industry was the first to suffer. Although the ten-year-old man can keep milking, they can only sigh up to the sky now: their intentions are powerless.

In the entire Milijia semiconductor industry, the proportion of layoffs is as high as 40-60%, which shows the seriousness of it.

And the next thing is the auto industry, which has been overwhelmed by Dongtang electric vehicles, and the Internet industry, which is currently in rapid decline.

Unemployment has swept across the entire society, causing a lot of chaos and crime in the entire society.

While Arturo and Rem were worried.

The factory supervisor, Big Fat Chocolate, and his assistants called everyone together.

This action surprised Arturo and Rem, it seems that the situation is not good!
"Is everyone here?" Big Fat Chocolate asked the assistant.

"Two have asked for 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 called everyone 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 job?"

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

"Shit!"

"..."

Chocolate also said sadly: "Although I really want to keep this factory and have suggested 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 the salary and compensation!" The assistant also said helplessly.

A group of workers cursed in slang, many smashed the factory equipment angrily, and some were stunned or wept bitterly.

All kinds of things in the world are happening in the factory at this moment, and the supervisor, Chocolate, dare not stop these angry workers. After all, there have been factory riots in other places before, and the management went to stop them from being shot in the head.

Chocolate, assistants and others don't want to honor the company.

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

(End of this chapter)