Reborn 80s

Chapter 729

From the moment steel is produced, the production volume of steel has begun to represent the comprehensive strength of a country.

The reason why one Han is the enemy of five barbarians is not only the training of the Han army, but also the bonus on equipment.

Ironware had already begun to be equipped in large quantities during the Han Dynasty.

During the Industrial Revolution, steel production began to increase significantly, and a country's steel production was also the most direct reflection of its strength.

The higher the steel output of a country, the higher the degree of industrialization completion.

The higher the degree of industrialization, the stronger the country's strength will naturally be.

After all, the production of warships, various weapons and other industrial products must all be based on steel.

In modern times, China's steel output was surpassed by Europe. It was not until the Westernization Movement that the steel industry really took off.

But everyone knows what happens next. There is no way to build industry in a place of decay.

Just cleaning the house took several years.

It was not until the founding of New China that China truly started its industrialization process.

Among them, the steel industry is naturally the focus.

From 158,000 tons of crude steel production and 250,000 tons of pig iron production in 1949, to the current steel production of over 100 million tons, and becoming the world's largest steel producer, this is undoubtedly a qualitative leap.

China has become the world's largest steel producer, which has indeed boosted morale. There was also a report on this on the seven o'clock news.

The establishment of Yangtze River Steel represents the emergence of a super steel company in China with an annual output of over 10 million tons of steel.

Looking at the history of Yangtze Iron and Steel, there is quite a sense of historical reincarnation.

China's modern steel industry originated from Hanyang Iron Works, and Yuzhou Iron and Steel was built when Hanyang Iron Works moved westward.

Although Jiangcheng Iron and Steel is newly built, it was also built in the city where Hanyang Iron Works was located.

Yangtze Steel was listed on the West Stock Exchange on December 29, 1995.

Today is the last trading day of the Southwest Stock Exchange in 1995, and the next trading day will be 1996.

In the trading hall of Mota Securities in Jiangcheng, there are many computers in the trading hall, and they are all occupied by people now.

Those who didn't occupy computers were chatting with people on the side. Everyone was waiting for the market opening time to arrive today.

The trading hours of the entire Southwest Stock Exchange are only four hours a day, from 9:30 to 11:30 in the morning, and from 1:30 to 3:30 in the afternoon.

In just four hours, the transaction volume is not huge. When the day is low, there are tens of billions of transactions, and when it is high, there are thirty or forty billions.

On the largest day, the total transaction volume reached 60 billion.

That day was very exciting for everyone. They watched the stock price rise slowly, and then fell down again.

There is no price limit on the Southwest Stock Exchange, so prices can rise at will.

If someone wants to force a stock to rise by relying on their large funds, it will be easily sold.

At that time, no money was made, but a lot was lost.

"Yangtze Steel will open today. Do you think it will rise to the sky?"

"Maybe! Jiangcheng Iron and Steel's management is not very good, and it has suffered losses this year. This will drag down the performance of Yangtze River Iron and Steel."

"This is true, if the performance is not good, nothing you can say will be of any use."

"A company cannot just look at its performance, but also its future development prospects. Yangtze Steel is now the number one steel company in the country. The next step will definitely be to upgrade the technology of Jiangcheng Steel, and the performance will soon be good.

Get up."

"We have to wait until the performance is good. Who can say clearly what the future will look like?"

As for the relocation of Jiangcheng Iron and Steel, this does not mean that it will be relocated all at once, but that the entire relocation will be completed in the next twenty years.

Relocation over a span of twenty years is, to be honest, quite a long period of time for a company.

Because many companies do not have long lifespans.

According to statistics, the average life span of small and medium-sized enterprises in the United States does not exceed 7 years, and the average life span of large enterprises does not exceed 40 years.

In China, the average lifespan of small and medium-sized enterprises is only 2.5 years, and the average lifespan of group companies is only 7 years!

To be honest, it is too difficult for a company to survive for a long time.

There are quite a few bankrupt companies these days.

Listening to the discussion of the people around him, Liu Kang touched his chin and pondered. He was naturally very optimistic about Yangtze Steel.

Among the top ten shareholders of Yangtze Steel, Mota Holdings only holds 6% of the shares, but if you look at the other shareholders, pension funds and Mido Investment, none of them are closely related to Chen Huaiqing.

In essence, Yangtze Iron and Steel is also a company belonging to the Mota Group.

Of course, another reason why Liu Kang is optimistic about Yangtze Steel is Chen Huaiqing's layout in the steel industry.

Nowadays, the life of many steel plants has become difficult.

The establishment of Changjiang Iron and Steel was the beginning of a strong alliance between steel companies.

So will there be a wave of mergers in the entire steel industry?

The steel industry has gradually become a sunset industry abroad, and the demand for steel is gradually decreasing.

In China, steel demand is increasing year by year.

Steel companies with poor technology, low production efficiency, and high costs will naturally be eliminated, while steel companies with advanced technology, high production efficiency, and lower unit production costs will continue to develop and grow, and eventually become absolute giants.

And Yangtze Steel has the potential to become a real giant.

Before the market opens, there is a fifteen-minute call auction to determine the opening price for the day.

Whether to open high or low is determined by this.

Liu Kang looked at the screen and had nothing to say. Yangtze Steel's stock price had shot up.

Not only does it open high, it also jumps away.

Liu Kang held his chin, looked at the time-sharing line, and looked at the buying and selling data.

There are obviously fewer people buying now.

This shows that most people already agree with the current stock price of Yangtze Steel.

The price recognized by the market is here.

If you want to continue to move up, you must have new large funds coming in.

Liu Kang does not expect new big funds to enter the market.

The quickest thing to do is to sell out all the stocks you hold.

After clearing his stocks, Liu Kang turned around and stood up.

"Young man, why did you sell Yangtze Steel?"

Liu Kang smiled and said: "I think the current price is quite appropriate."

Liu Kang read an interview with Chen Huaiqing, and Chen Huaiqing talked about stocks.

When others are crazy, you must stay calm.

There is endless money to be made, so there is no need to leave it until the last moment.

After walking out of the noisy hall, Liu Kang turned around and looked at the big screen. Now Yangtze Steel is undoubtedly the focus stock in the market today.

A lot of money goes in and out of it.

The current Western Stock Exchange is becoming increasingly unfavorable for retail investors to dig for gold.

From a global perspective, in mature stock trading markets, the proportion of retail investors remains at a very low level.

It is too easy for retail investors to operate emotionally, chasing highs and selling lows, and never tire of it.

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