My courtyard shelter
Chapter 609: Bakery goes public
At nine o'clock in the morning, the opening ceremony of the Tianjin Exchange finally began. Google search reading
This time the stock market is reopened, the authorities are attaching great importance to it.
The big leader was actually present in person and delivered an important speech, with the theme closely surrounding the big concept of "Blue Star Community with a Shared Future."
"Pa bang bang..."
At the end of the speech, there was warm applause.
The three Dabao brothers were very excited because they had just shaken hands with the big leader. The three of them were not ignorant children and knew the importance.
After the big leaders left, the stock market officially opened.
The first one to appear is the undisputed stock king.
Daxia Plantation Group.
It monopolizes almost all plant factories in Asia and has more than 20 million employees.
Definitely the Big Mac among Big Macs.
The only pity is that due to the rationing system, Daxia Plantation Group's profit margin is very low, and it even suffers losses in some years, which greatly drags down its valuation.
"Bangdang..."
With the sound of a gong, Daxia Plantation Group officially started its listing journey.
As expected, the stock price kept rising, and the rise was astonishing.
Father Xu looked at Yu Maolin aside and asked:
"Mr. Yu, do you think the stock price of Daxia Plantation can double today?"
Yu Maolin nodded: "Director Xu, this is the king of stocks. It is probably no problem to double. It is possible to double or triple. Today's market value should exceed two trillion."
"Two trillion is really terrible."
Father Xu said with envy.
This size is almost hundreds of times that of their bread, which is really scary.
"Grandpa, two trillion is nothing. As long as the rationing system is ended, the stock price can increase tenfold. It definitely has the potential to surpass "Yuanshi" and will definitely become the company with the highest market value in the world in the future."
Ma Lingling interjected.
"Twenty trillion? How is it possible that our country's GDP last year was only 63 trillion, and one company accounted for one-third?"
Father Xu expressed doubts.
Xu Dong smiled and explained: "Dad, there is no causal relationship between a company's market value and GDP. They are simply two concepts. Don't confuse them. Have you heard of Apple?"
"Of course I've heard of it, isn't it the one selling mobile phones?" Father Xu nodded.
"Well, Apple's market capitalization at its peak was as high as three trillion U.S. dollars, accounting for almost 15% of the beautiful country's GDP. And that was before the big flare!"
"Are there really that many?"
Father Xu said in astonishment.
Ma Lingling replied: "Grandpa, what I said is true. If you don't believe me, you can check it online."
"It's incredible, it's incredible..."
"Dad, do you still have funds in the company account? You can use some of it to buy Daxia Planting's stocks. It's more cost-effective than depositing it in the bank."
Xu Dong suggested.
It is foreseeable that although the stock growth of Daxia Planting is limited, it is definitely the most stable stock. After all, in the current environment, nothing is safer than food.
"No more." Father Xu shook his head, "All the flour purchased last time was spent. If you had told me earlier, maybe there would be some left."
"Forget it, we have limited funds, and we probably can't rob those big capital guys."
Xu Dong comforted himself.
Immediately afterwards, the second company went public.
This time it is still a state-owned giant, Daxia Seawater Desalination Group.
This company is also very powerful. It has almost monopolized more than 70% of the domestic seawater desalination market and is also the largest seawater desalination company in the world.
Ma Lingling exclaimed: "Grandpa, look, in less than a minute, the stock price doubled, which is even more exaggerated than Daxia Plantation Group."
"Manager Ma, Daxia Seawater Desalination Group made a profit of more than 830 billion last year. For such a profitable company, it is not unusual for the stock price to be high."
Yu Maolin quickly introduced.
Father Xu couldn't help but sigh: "Is this selling water? I thought it was selling oil. It's such a huge profit."
"Dad, when it comes to selling oil, you don't necessarily make money by selling water! I heard people say that some domestic companies can export one ship of water in exchange for two or three ships of oil."
Xu Dong echoed.
"Oh, if I had known better, our family would not have opened a bread factory. We might as well have built a desalination plant. This is not making money. We should just bring a sack to pick up money."
Father Xu was very upset.
Yu Maolin quickly explained: "Director Xu, things are not what you think. Only state-owned desalination plants can make such money. The profits of other private companies are not so high."
"Oh, why is that?"
"The main root cause is the cost issue. Whether it is consumables, electricity costs, or upstream and downstream supporting facilities, state-owned enterprises can beat private companies, and private companies cannot catch up."
Yu Maolin answered very straightforwardly.
"High, really high..."
Xu Dong understood instantly and realized that this was a deliberate concession. Some state-owned enterprises could not be listed in a short period of time due to historical reasons.
So I simply transferred the profits out.
It is tantamount to a disguised "backdoor listing."
Sure enough, the most indispensable thing in the world is smart people.
"Grandpa, when will it be our turn?"
The three Dabao brothers were not interested in stocks and soon became impatient with waiting.
Ma Lingling replied softly: "It's still early at our house, it will probably be ten o'clock."
Although the Coke Bakery is the leader in the food industry, it is not even a younger brother among the state-owned giants, ranking third from the bottom.
In addition, there are only five private enterprises listed in the first batch, including the Coke Bakery.
"Ah, another hour and a half?"
Dabao said dejectedly.
Seeing this, Xu Dong took out his mobile phone and handed it over.
"Go play for a while nearby, don't run around, dad will call you when we get there."
The three brothers came here today, in addition to seeing the world, and there is an important task, that is, to beat the gong.
In the words of Xu's father, this is called passing on the torch.
"Dad, one mobile phone is not enough?"
Erbao glanced at his cousin next to him.
Ma Lingling reached out and knocked on Erbao's head, then took out her mobile phone and her husband's mobile phone and handed them over together.
Yang Shuo was worried about his wife, and he had nothing to do at home, so he simply followed along.
"Thank you, cousin."
Erbao and Xiaobao took the mobile phone with a smile.
…
Time flies.
In a blink of an eye, it is finally the turn of the bakery.
Today is definitely a super lucky day.
So far, all the top 35 companies have successfully listed, and the stock price of the lowest one has increased by more than 50%, which can be called a good start.
"Dabao, Erbao, Xiaobao, stop playing."
Xu Dong came over and took away the phone.
Dabao and his three brothers immediately jumped to their grandfather's side.
Dad Xu patted his grandchildren on the shoulders one by one:
"Are you ready?"
"Ready."
The three brothers said in unison.
"Don't be nervous when you go on stage later. When grandpa says to knock, you knock. Don't knock in advance. Remember it?"
Dad Xu reminded.
"Remember it!"
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