Reborn 80s

Chapter 794 Confluence and Resonance

The wind of the financial turmoil is raging, and everywhere it goes is a mess!
The accumulation of more than ten years was swept away in one day.

Anger, rants, and abuse cannot change the facts.

Chen Huaiqing is located in Xiangjiang, and he doesn't have too many things to do on weekdays, he just makes up his mind about some things.

With Chen Huaiqing here, Meta's investment in decision-making efficiency has obviously accelerated a lot.

In the past, everyone would argue with each other about a matter before forming a final opinion on how to deal with it.

But now, Chen Huaiqing directly decides how to deal with it, eliminating the need for arguing.

Many things are perfected in constant debate.

But there are also many things that are delayed in the constant debate, and finally directly dragged out.

If you want to not do something, you don't need to expressly refuse it, but you just need to get more people to discuss it, then it will be very difficult to do it.

In October, Formosa suddenly announced that it would abandon the exchange rate of the New Taiwan dollar, depreciating by 10% in one day, which put huge pressure on the Hong Kong dollar and the Hong Kong stock market.

Xiangjiang stock market plummeted!

Xiangjiang reiterated that it will not change the current exchange rate system, and the Hong Kong stock market index rose.

In November, international speculators moved to South Korea, and the Korean won-dollar exchange rate fell to 11:1008.

After turning to the International Monetary Fund for help, the situation was briefly brought under control.

However, in December, the exchange rate of the Korean won against the US dollar fell to 12:1737.60.

The Korean won crisis also impacted Neon, which has a large investment in South Korea.

A series of banks and securities companies went bankrupt.

Neon is the world's second largest economy, and its financial problems can have a considerable influence.

The international hot money at this time, in this financial feast, can be said to be directly killing madness.

Among them, Pixie and Quantum Fund are the most prominent. The two have now merged and joined forces to do things together.

Between each other, there will be a mutual notification.

For example, go to attack somewhere together.

There are two leading the way, followed by a large group of international hot money, and it really belongs to that and that is the end.

Without sufficient foreign exchange reserves, it would be impossible to withstand such a shock.

In the first half of 1997, it was still Haihe Qingyan, but in the second half of the year, the situation suddenly changed.

Everything has changed.

The Asian economic crisis did not have a direct impact on the mainland of China, but it was also directly transmitted.

The stock price of Mota Holdings fell sharply, which led to a sharp drop in other stocks across the board.

The stock price of Mota Holdings has fallen, and one of the very important logics is that the products of Mota Automobile, the largest company under Mota Holdings, account for an extremely high proportion of export sales.

Most of the motorcycles are exported. The situation of automobiles is slightly better, but they are also exported in large quantities.

Over the past few years, relying on the continuous growth of overseas markets, the stock price of Mota Holdings has also been rising all the way.

And now...

The situation was reversed.

There is a problem in the overseas market. It can be predicted that the performance of Mota Holdings will suffer a serious blow.

In fact, this is also the case. The export of Mota Motors in the third quarter decreased by 20.00% compared with the same period last year.

Although Southeast Asia has suffered from the financial crisis, it does not mean that everyone's life is difficult.

In fact, no matter how difficult the situation is, some people can still live well.

This is the norm in society!
In addition, there is another point, that is, the overseas export of Murta Automobile does not mean that it is only exported to Southeast Asia, but also exported to South America, Africa, the Middle East, Eastern Europe and other countries.

In addition, it is actively exploring the North American and Western European markets.

Now it can be regarded as having such a little effect!

In the North American market, why can neon cars occupy the market?
Is it just to save fuel?
Do not!
Strictly speaking, it is because of saving money.

We all know that in the United States, many people have to fix their cars when their cars break down.

What some people say about this is a symbol of their developed car culture.

I believe you ghost!

People are lazy, if they can directly drive into the repair shop for repairs, who would like to do it by themselves!
Not to mention getting dirty all over the body, it will take a long time.

In the United States, car repairs are very expensive.

You can afford a car, but you can't afford it.

That bit of fuel costs is nothing, what is more expensive is the cost of repairing the car.

Moreover, the quality of the local car companies in the United States...

Anyway, compared to the quality of neon car companies, it is much worse.

The quality of Mota cars is quite good. If it is used for normal household use, it will not have any quality problems after driving for several years.

Mota Motors can still guarantee this.

In addition, Mota Motors has also established a local after-sales maintenance point. The engines of some models have also launched a lifetime warranty, and other parts of the body have a three-year warranty.

Mota Motors also has such a policy in China.

It can be said that because of Mota Motors, domestic car consumers can immediately enjoy the best after-sales service in the world.

The lifelong warranty of the engine is the first to be promoted by Mota Motors, and it has become a big selling point of Mota Motors.

If you want to enjoy the lifetime warranty, there are some restrictive conditions. For example, each maintenance must be carried out in a designated store.

In addition, you have to be the first car owner to enjoy this treatment.

Mota Motors dared to provide a lifetime warranty for the engine, which was naturally due to its confidence in its own engine manufacturing technology.

In addition, the internal combustion engine has been developed for so many years. In terms of machinery, it is actually very mature, and the possibility of problems is relatively small.

On the contrary, the current engine is becoming electronic.

Like what kind of electronic fuel injection system, the entire fuel supply is controlled by the on-board computer.

This kind of electronic product, on the contrary, is prone to problems.

Of course, in the research and development of EFI technology, Mota Motors is still quite strong, with a full set of technical patents.

Not subject to technical restrictions of foreign companies.

In this regard, it has to be said that Huaguo's own semiconductor technology is definitely among the top three in the world.

The Asian economic crisis has had an impact on Murta Holdings, but not to the extent that it hurts the muscles and bones.

Chen Huaiqing thought it was a good thing that Mota Holdings drove the stock market down. After all, in the past few years, the stock market has indeed risen a little bit. Many people have made a lot of money in the stock market, but they have forgotten that the stock market has risky.

It shouldn't be forgotten either!
In normal times, the Southwest Stock Exchange often forcibly delists some companies. The delisting of these companies is naturally a huge blow to investors.

Once it is determined that a certain company will be forcibly delisted, its stock price will directly fall into the category of plummeting.

As a person who holds the stock of this company, it is naturally a loss.

Many timid people buy stocks on the main board market, because at least the stocks on the main board market will not be delisted suddenly, and they all belong to some big companies.

It is a value investment.

The pure nature of the GEM is a place to test your eyesight. If you choose a good company, the stock price will soar directly into the sky.

If you don't choose well, you may lose out and only have pants left.

(End of this chapter)