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Chapter 609 Listed Bakery Factory

At about 9:00 a.m., the opening ceremony of Tianjin Exchange finally began.

This time the stock market is reopened, and the above attaches great importance to it.

The leader actually attended the event in person and delivered an important speech, with the theme closely centering on the concept of "Blue Star Community of Shared Future".

"Smack it..."

After the speech, warm applause rang out at the scene.

The three brothers Dabao were very excited because they had just shook hands with the leader. The three of them were not children who didn’t know anything, and they knew the importance of it.

After the leader left, the stock market officially opened.

The first one to appear was the undisputed stock king.

Daxia Planting Group.

It almost monopolizes all plant factories in Yayun, with more than 20 million employees alone.

Definitely the giant among the giants.

The only regret is that due to the rationing system, the profit margin of Daxia Planting Group is very low, and some years may even suffer losses, which greatly drags down the valuation.

"Bang..."

With the sound of a gong, Daxia Planting Group officially started its listing journey.

As expected, the stock price rose rapidly, and the uptrend was very amazing.

Dad Xu looked at Yu Maolin beside him and asked:

"Mr. Yu, do you think the stock price of Daxia planting can double today?"

Yu Maolin nodded: "Dr. Xu, this is the stock king. It is probably no problem to double it. It is possible to double it by two or three times. Today's market value should be able to exceed two trillion."

"Two trillion, it's really terrible."

Dad Xu envied.

This size is almost hundreds of times that of their bread, which is really scary.

"Grandpa, what's the point of two trillion yuan? As long as the rationing system is over, the stock price will be more than ten times. It definitely has the potential to surpass "Zuo World" and will definitely become the world's highest-capital company in the future."

Ma Lingling interrupted.

"Twenty trillion? How is it possible? Our domestic GDP last year was only 63 trillion, and its company accounted for one third?"

Xu's father expressed suspicion.

Xu Dong explained with a smile: "Dad, the company's market value has no causal relationship with GDP. It's just two concepts. Don't confuse it. Have you heard of Apple?"

"Of course I have heard of it. Isn't it the one who sells mobile phones?" Xu's father nodded.

"Well, Apple's market value at its peak was as high as 3 trillion US dollars, accounting for almost 15% of the beautiful country's GDP. That's before the big flare!"

“There are so many?”

Xu's father said in surprise.

Ma Lingling replied: "Grandpa, my uncle said it is true. If you don't believe it, you can check it online."

"Sorry, amazing..."

"Dad, do you still have funds in the company's account? You can take out some of them and buy stocks grown in Daxia, which is more cost-effective than depositing them in the bank."

Xu Dong suggested.

It can be foreseeable that although the stocks grown in Daxia have limited growth, it is definitely the most stable stock. After all, in this current environment, nothing is more safe than food.

"It's gone." Xu's father shook his head, "I spent all the flour I purchased last time. If you said it earlier, you might have some left."

"Forget it, we have limited funds, and I guess we can't beat those capital masters."

Xu Dong comforted himself.

Immediately afterwards, the second company went public.

This time it is still a state-owned enterprise giant, Daxia Haishui Danhua Group.

This company is also very powerful, almost monopolizing more than 70% of the domestic seawater sanitation market and is also the largest seawater sanitation company in the world.

Ma Lingling exclaimed: "Grandpa, look, the stock price doubled in less than a minute, which is even more exaggerated than Daxia Planting Group."

"Manager Ma, Daxia Haishui Danhua Group made a profit of more than 83 billion last year. It is not uncommon for such a profitable company to have a high stock price."

Yu Maolin quickly introduced.

Dad Xu couldn't help but sigh: "Is this selling water? I thought it was selling oil, it was too profitable."

"Dad, it may not be necessary to make money by selling oil! I heard from people that some domestic companies can exchange for two or three shipments of oil for exporting one ship of water."

Xu Dong echoed.

"Oh, if I had known, our family would open a bread factory. I might as well build a seawater sanitation chemical factory. This is not a place to make money, it should be to bring sacks to pick up money."

Dad Xu was very upset.

Yu Maolin quickly explained: "Dr. Xu, things are not what you imagined. Only state-owned enterprises' seawater sanitation chemical plants will make so much money, and the profits of other private enterprises are not so high."

"Oh, why is this happening?"

"The main reason is the cost issue. State-owned enterprises, whether it is consumables, electricity costs, or upstream and downstream supporting facilities, can defeat private enterprises, and even private enterprises cannot catch up with them."

Yu Maolin's answer was very straightforward.

“High, really high…”

Xu Dong understood it instantly. It turned out that this was intentional concession. Some state-owned enterprises were unable to go public in a short period of time due to historical reasons.

So he simply transferred the profits.

It is equivalent to a disguised "backdoor listing".

Sure enough, the most inseparable person is smart people.

"Grandpa, when is it our turn?"

The three Dabao brothers were not interested in stocks and soon became impatient.

Ma Lingling replied softly: "Our family is still early, it's probably 10 o'clock."

Although Cola Bread Factory is the leader in the food industry, among the many state-owned giants, it is not even considered a younger brother, and ranks third from the bottom.

In addition, there are only five listed private enterprises, including Coke Bread Factory.

"Ah, it will take another hour and a half?"

Dabao said dejectedly.

Seeing this, Xu Dong took out his cell phone and handed it over.

"Go and play next to you, don't run around, wait a moment, Dad will call you again."

The three brothers came here today. In addition to seeing the world, there was another important task, which was to beat the gong.

In Xu's words, this is called passing on from generation to generation.

"Dad, isn't a phone worth a lot?"

Erbao glanced at his cousin beside him.

Ma Lingling reached out and tapped Erbao's head, then took out her cell phone and her husband's cell phone and handed it over to her.

Yang Shuo was worried about his wife and was idle at home, so he simply came with him.

"Thank you cousin."

Erbao and Xiaobao took the phone with a smile.

...

Time flies very quickly.

In a blink of an eye, it was finally the bakery's turn.

Today is definitely a super lucky day.

So far, all the first 35 companies have successfully listed, and the stocks with the least increase are more than 50%, which is a good start.

"Dabao, secondbao, Xiaobao, stop playing."

Xu Dong came over and took away his cell phone.

The three Dabao brothers immediately rushed to my grandfather.

Dad Xu patted his grandchildren on the shoulders one by one:

"Are you ready?"

“It’s ready.”

The three brothers said in unison.

"Don't be nervous when you go on stage later. Grandpa said he would knock, just knock, don't be in advance, remember?"

Xu's father reminded.

"Remember!"

ps: Please recommend tickets and monthly tickets!
Chapter completed!
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