Reborn in 1991, helping dad become the richest man

Chapter 529 Dad’s reputation works well in Hong Kong!

Abroad, there are more stock investors, and the carnival is now at its craziest.

So people all have money, even if the money is all in the stock market, but everyone's amount is higher than each other.

They don't have much of a sense of saving money.

If you don’t buy new products and use old ones instead, your friends will look down on you when they see you.

Therefore, Wanhua VCD's sales overseas have not declined.

Even because of this, the profit of VCD did not decrease compared with last year, but increased by 8%.

Although the growth rate is not high, we must remember that the base is large.

Moreover, VCD is only one part of Wanhua's business. Wanhua Shopping Plaza collected 1.3 billion yuan in rent last year.

Last year, Wanhua Hydropower Station generated revenue of RMB 1.17 billion from electricity fees.

There is also Wanhua's liquid crystal TV. Liquid crystal TV has now gone abroad. Although its sales abroad are not very good, its domestic sales were also bleak last year.

Even in terms of data, year-on-year sales volume has dropped by 30% compared to the previous period.

However, it also provided Wanhua with more than 130 million in profits.

In addition, there are profits provided to Wanhua by Huaxing and Xinghua Bank.

All in all, Wanhua's total profit last year was 16.3 billion.

Of course, for Tang Xionghua personally, the most important data is only one item, that is, the stock data as of the last trading day of December.

And this has always been public.

At that time, Wanhua's final closing price was 18.2 yuan per share.

Compared to the so-called technology stocks in the US stock market, they are actually stocks of Internet companies.

Wanhua is inconspicuous in the US stock market.

An increase of more than 20% in one year.

For those who are caught up in the Internet frenzy, Migu is just a worthless stock.

The growth rate can't even double in a year, bah, why should I buy you?

Fortunately, there are also some investors in the US stock market who are a little timid and dare not chase the Internet and prefer industrial stocks.

Otherwise, after a year, Wanhua's stock price in the US may fall due to capital outflow caused by the booming Internet.

I continue to read Yanglai’s annual report.

Compared with Wanhua's lukewarm performance in the US stock market, Yanglai is truly a standout in Hong Kong.

Even the Hong Kong stock market, like the US stock market, favors Internet companies.

However, Tang Xionghua's reputation in Hong Kong has a huge impact on foreigners.

The closing price of the stock on the settlement day at the end of December was as high as 63.7 Hong Kong dollars per share. Compared with the stock price of 31 yuan last year, it has doubled a little bit today.

Although this still cannot be compared with those crazy internet companies, but the increase of more than 100% is definitely in the first tier.

"Dad, your reputation is really useful in Hong Kong!"

Tang Yichen looked at the financial report from Yang Lai, looked up and said something to his smoking father with a smile.

Compared with the past, Yanglai's financial report can only be described as developing steadily.

There are currently only 943 Yanglai stores worldwide.

Investment in other oil fields and minerals is also increasing simultaneously.

There has not been any explosive growth in the global industry, nor in Yanglai's overall business.

But just this has doubled the stock price of Yanglai.

To be honest, the market really favors Yang Lai Le, and Tang Yichen and his son are naturally well aware of the reason for this favor.

It was because Tang Xionghua made a name for himself in the Battle of Hong Kong.

This has led many Hong Kong people to treat Tang Xionghua almost as a myth.

The complementary relationship led to a steady increase in the share price of Yanglai, which doubled every year and lived up to the trust of Hong Kong investors.

This has led to the fact that, up to now, Hong Kong stock investors are still willing to choose Tang Xionghua over unfamiliar Internet stocks, which further drives up the share price of Yanglai.

In fact, the stock price of Yanglai has risen by more than three yuan in the past month.

It’s just that the annual report statistics are based on foreign months, so they are only counted up to the last settlement day in December.

"Haha, this year is really good, I just hope that next year, it can be stable as well!

Tang Xionghua said this with a smile.

Tang Yichen was stunned for a moment, then shook his head slightly and said, "It's probably unlikely that we can maintain the growth next year. Over the course of a year, if the stock price doesn't shrink by more than 20%, it would be considered a cause for celebration."

Tang Yichen is not optimistic about the situation next year.

After all, the impact of the Internet bubble was too great.

When the market crashes, how can people who only eat from one bowl have a good life?

The only difference is the extent of the impact.

Tang Xionghua's smile remained unchanged: "I just hope that if the price really falls by that time, there's nothing we can do."

Tang Xionghua and his son actually have a good idea of ​​the situation next year, and they won't feel bad if there is a decline.

On the contrary, Tang Yichen and his son would not feel sad, and might even be happy.

Because the stock price is always just the stock price. When you don't consider selling the shares, it's just a bunch of numbers.

This string of numbers may rise now and fall in the future, but after falling, it can continue to rise.

But the huge opportunities contained in bubbles are indeed hard to come by. The money you get from shorting the stock market is cash.

Moreover, if the company's stock price really fell sharply, Tang Xionghua might laugh even harder.

Because he can also buy back his own shares from the market at a low price.

In the later stage of the bubble, investing in other companies is a good choice, but Tang Xionghua and Tang Yichen are definitely more confident in their own companies.

On the 23rd, Tang Yichen's fifth-grade final exam ended.

Afterwards, on the 24th, Tang Yichen asked Lin Jiao, also known as Little Tiger Teeth, to inform them of the year-end dinner in the evening.

Although someone has to be on duty at the literature website even during the Chinese New Year, this does not conflict with the year-end dinner.

Tang Yichen prepared some big red envelopes and put them in a big bag and asked Qin Li to help carry it.

This is the year-end bonus.

Tang Yichen won't wait until after the New Year to send it out. He doesn't have that habit.

Well, it was mainly because when he was working in his previous life, he was fed up with the bosses giving out year-end bonuses after the New Year. Tang Yichen even scolded these bosses more than once.

So Tang Yichen naturally wouldn't do that.

After all, the way to retain employees is not to withhold their year-end bonuses and wait for them to return to work after the new year.

The company's welfare benefits have increased, so even if you give them in the middle of the year, they will still come back to work after the New Year.

The company's welfare benefits are not good. People come back to work after the New Year to wait for your year-end bonus, and then resign. Can you still tie their feet?

"Wow, thank you boss!"

"Yeah, Master Sheng, you are so generous!"

……

There are more than twenty people sitting on a boat on Chaohu Lake, and the group is cheering at this moment.

Because every time Tang Yichen walks past a person, that person will get a bundle of cash.

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