Chef Chat Group

Chapter 119

"Listed company!" Chun Shanse couldn't help but flinch.

Not all companies can be listed, and the companies that can be listed are at least one-in-a-million companies.

For a company to be listed, it is equivalent to the difficulty for countless chefs with mediocre qualifications to enroll in Yuanyue and graduate as one of the top ten.

The United States has tens of thousands of listed companies, while Japan has thousands of listed companies. The number of listed companies is not only a manifestation of the strength of a country's capital market, but also a sign of whether the economy of a capitalist country is strong or not.

A steady stream of new listed companies proves that a country has abundant funds and that there are continuous sufficient funds to invest in promising enterprises.

And if a country continues to have no new listed companies, it shows that there is a lack of funds, insufficient funds and insufficient market confidence, and it is not optimistic about the future economic prospects.

In fact, the overall quality of listed companies is also higher than that of non-listed companies, regardless of scale and profitability. In capitalist countries, the profit scale of listed companies is roughly more than 70% of the profit scale of all enterprises in the entire country.

The invisible chaebol that people fantasize about controlling everything does not exist.

Most of the chaebols who really have a decisive influence in a country's economy are a certain chaebol faction composed of a series of listed companies. It can be said that the mainstream economic fluctuations of a country are closely related to the overall operating conditions of the listed companies.

The overall revenue and profit situation of listed companies is generally better than that of the entire national economy.

Even in the 29-year Great Depression, the era of rare sharp jumps in US GDP.

The overall financial statements of the listed companies were also more optimistic than the overall GDP of the United States. Basically, even if the GDP of a country shrinks, it is difficult for the total profits of all listed companies to suffer losses.

While the GDP growth rate is 0, there may be a slight increase in profits as a whole.

Small increase in GDP. The financial statements of all listed companies will always show a relatively strong growth. However, if the GDP shows a 20% growth, the listing and all financial statements may be several times the growth of GDP.

Under normal circumstances, just looking at the profitability of all listed companies (regardless of market capitalization fluctuations), the constant ratio is at least a few percentage points higher than the annual national economic growth rate because...the entire country’s GDP actually has a large number of non-profit sector.

The listing words are all made up of profit-making departments. The business is a normal state of a listed company, and it is an abnormal state that an enterprise cannot make a profit.

And it is very simple to control the core assets and resources of the first capitalist country. If you control a country's capital market from high to low, and control all the top-ranked listing words, you basically control a mature capitalist country. core economy.

Those parts that have no control are really worthless.

For example, controlling Samsung is equivalent to controlling one-fifth of South Korea's GDP. Three-thirds of capital is completely controlled.

At the end of the 90s, after the Asian economic crisis, Samsung's stock has been continuously bought and controlled by American capital.

It can be said that the controlling stake of a chaebol like Samsung is directly the United States. Other Korean chaebols are also in a similar situation. It can be said that nearly half of the market value of listed companies in South Korea is controlled by foreign capital, while the United States controls about [-]% of the market value of listed companies in South Korea.

In a sense, most of the profits in South Korea are generated by listed companies, and nearly half of the market value of listed companies in South Korea is held by foreign investors.

It can be said that foreign investors take half of the profits that South Korea has worked so hard to create every year.

This means that South Korea's superficial economic growth is fast. During the three decades lost by Japan, South Korea has made rapid progress.

However, the wages of Koreans are lower than those of Japan, and the social benefits are also worse. The sum of the profits of Korean companies with a small economy is even higher than the profits of all Korean companies as a whole, which also shows that - . .The vast majority of the population and enterprises in South Korea provide negative growth and do not provide net profit.

The combined profits are not only the sum of the profits of listed companies in South Korea. Japan is less controlled by the United States than South Korea. Even after Japan went downhill, the market value of listed companies continued to shrink, and the capital provided by the country continued. Opportunity to bargain.

However, after decades of bottom-hunting, international capital has only bought about one-third of the market value of Japanese listed companies. The United States accounts for the majority of international capital, controlling 20% ​​of the stock valuations of Japanese listed companies. Japan's annual benefits are about 20% of the Japanese government's fiscal and taxation ratio. Basically, although Japan is also bought by international capital for a large number of core assets at a low price, it is relatively large after all.

Unlike South Korea, nearly half of the core capital has been reduced to foreign capital control.

It can be said that the value created by the Koreans is basically to create investment returns for investors in Europe, America, Japan and other countries. It is not that the profits can be kept in Korea's own economy for circulation.

"If you don't know much about the capital market, I can tell you directly - Tokyo City Life Planning Company!" Minegasaki said with a sneer, "We are responsible for the expansion of the second, third and forthcoming fourth phases of Totsuki Village Yes, in addition, we have launched 7 urban complex projects at the same time, and the development cost of each project is not less than 1 million yen! The soaring stock price is only the beginning, and urban life planning Liusi will rank among the top five real estate development companies in Japan this year.

Within three years, it must be the top three.

The real estate industry in Japan is already considered a sunset industry, and the real market for new housing development and sales is not very large.

After all, the general trend of population decline has not been reversed.

Therefore, most real estate developers do not focus on development, but provide various services for stock real estate, such as property services, renovation and decoration, real estate investment services, leasing business, intermediary business and so on.

But it doesn't mean that there are no new real estate constructions, Minezaki) Shigeko's question is against the trend.

When other real estate developers have lost their ambitions and gradually began to focus on property services, rent collection, intermediary and other businesses.

Yao Tong, the urban life planner, has seized the opportunity of the continuous influx of the national population into Tokyo, and continues to invest in new real estate development.

In fact, the bet was also won. The trend of Japanese population flowing to big cities and to Tokyo has always been irreversible.

Although many places in Japan have introduced policies to encourage people from big cities such as Tokyo to migrate to small cities, and even provide settlement funds and free housing, it is still difficult to work.

For example, Japan once wanted to connect large cities with small cities by high-speed rail, so that people can live in small cities and go to work in big cities. The idea is quite beautiful.

However, after the high-speed rail was built, people from big cities did not go to live in small cities. Instead, people from small cities followed the high-speed rail and further concentrated into big cities. China's first-tier cities are similar in Beijing, Shanghai and Guangzhou. Housing prices in small and medium-sized cities are much cheaper than those in China's fourth- and fifth-tier small counties. In general, Japan has changed from taking house prices for granted to taking houses for granted. It took 20 years. Just look at the listing of Japanese real estate. In the past, half of the top [-] real estate companies in the world were Japanese real estate development companies. However, after [-] years of decline, only the old giants Mitsubishi Estate, Mitsui Real Estate and Sumitomo Real Estate are among the top [-] real estate companies in the world.

At present, the market value of these three giants in the Japanese real estate industry is only 1 billion yen. Compared with decades ago, the market value of these old giants in the Japanese real estate industry has basically shrunk by more than 1%.

Because they have experienced too long a recession and losses, even if these giants survived, they seldom make large investments.

That's why an upstart like Liu Si, an urban life planner, rose rapidly while the old giant 1 looked on indifferently.

Liu Xing and the others couldn't help but stare at Minezhizaki and his group. The real estate hungry people are actually so rich? OK?

Chapter 120 Ruishan's Resentment

"We should keep the water in the well, right? Why do you want to prevent me from dealing with such a small restaurant?" Chun Shan said with weakened momentum, "Even if you are a high-level executive in the Urban Planning Department, compared with Yuan Yue, you are still far behind." ! Now, this is the era when gourmet food rules the economy, not the era when real estate rules the economy! Compared with companies in a sunset industry like yours, Yuanyue's chef has far more influence in high-level society than you real estate developers!" If , you can represent Totsuki, I may let you! But... I am afraid that the important person in Totsuki will feel ashamed if he knows what you have done!" Yaeko Minezaki said with a cold smile, "Because, you It's a practice, worse than demolitions in our real estate industry! It's a virtue like a robber! As for why you stop--. Because you're blocking my mother from eating in the restaurant!" "That's right! We're going to Dinner guy, you're messing around, spoiling our eldest sister!" The real estate hungry people booed one after another.