Reborn 80s

Chapter 795 Convergence and Resonance

The wind of financial crisis is raging, causing chaos wherever it goes!

The accumulation of more than ten years was swept away in one day.

Angry, ranting, and cursing cannot change the facts.

Chen Huaiqing is sitting in Xiangjiang. He doesn't have much to do on weekdays, he just makes up his mind on 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 debate.

Many things are improved through constant debate.

But there are also many things that are delayed in the constant debate and eventually are simply delayed.

If you don't want to do something, you don't need to explicitly refuse, you just need to let more people discuss it, then it will be difficult to get it done.

In October, Baodao suddenly announced that it would abandon the exchange rate of the New Taiwan dollar, devaluing it by 3.46% in one day, which put great pressure on the Hong Kong dollar and the Hong Kong stock market.

Hong Kong stock market plummeted!

Hong Kong reiterated that it would 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 exchange rate of the Korean won against the US dollar fell to 1008:1.

After seeking help from the International Monetary Fund, the situation was briefly brought under control.

However, in December, the exchange rate of South Korean won against the US dollar fell to 1737.60:1.

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

NEON A series of bank and securities company bankruptcies.

Neon is the second largest economy in the world. If its financial problems occur, the impact will be quite large.

The international hot money at this time can be said to be going crazy in this financial feast.

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

There will be a mutual notification between each other.

For example, let's go attack somewhere together.

There are two companies taking the lead, followed by a large group of international hot money, and it’s really going to end there.

Without sufficient foreign exchange reserves, we simply cannot withstand such an impact.

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

Everything has become different.

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

Murtagh Holdings' share price plummeted, causing other stocks to plummet across the board.

One of the important reasons for the decline in Motta Holding's stock price is that the products of Motta Automotive, the largest company under Motta Holding, account for an extremely high proportion of export sales.

Most motorcycles are exported. The situation of cars 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 share price of Mota Holdings has also been rising.

And now...

The situation was reversed.

There are problems in overseas markets, and it can be expected that Motta Holdings' performance will naturally suffer a serious blow.

In fact, this is also the case. Motta Motor's exports in the third quarter dropped by 20% compared to the same period last year.

Although Southeast Asia has suffered a financial crisis, it does not mean that life has become difficult for everyone.

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

This is the normal state of society!

Another point is that Motta Motors exports overseas, not just to Southeast Asia, but also to South America, Africa, the Middle East, Eastern Europe and other countries.

In addition, we are actively exploring markets in North America and Western Europe.

Now it can be considered to have some effect!

In the North American market, why can Neon Auto occupy the market?

Is it just because it saves fuel?

No!

Strictly speaking, it is because of saving money.

As we all know, in the United States, many people repair their cars themselves when their cars break down.

Some people say this is a symbol of their developed car culture.

Believe me, you idiot!

People are lazy. If you can just drive into a repair shop to repair it, who would want to do it yourself?

Not to mention getting all dirty, it also takes a long time.

In the United States, car repairs are very expensive.

I can afford to buy a car, but I can't afford it.

The cost of gas is nothing, the more expensive thing is the cost of repairing the car.

Moreover, the quality of local American car companies is superior...

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

The quality of Motta cars is quite good. For normal household use, there will be no quality problems after driving for several years.

Mota Auto can still guarantee this.

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

Motta Motors also has such a policy in China.

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

The lifetime engine warranty is the first thing Motta Motors recommends, and it has become a big selling point of Motta 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 must be the first car owner to enjoy this treatment.

Motta Motors dares to offer a lifetime warranty on its engines, which is naturally due to its confidence in its own engine manufacturing technology.

In addition, internal combustion engines have been developed for so many years. In terms of machinery, they are actually very mature and the possibility of problems is relatively small.

On the contrary, today's engines are becoming electronic.

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

This kind of electronic product is prone to problems.

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

Not subject to technical restrictions imposed by foreign companies.

In this regard, we have to mention that China’s own semiconductor technology is definitely among the top three in the world.

The Asian economic crisis has had some impact on Murtagh Holdings, but it has not been so severe that it has caused serious damage.

Mota Holdings caused the stock market to fall, which Chen Huaiqing thought was a good thing. After all, the stock market has indeed risen a lot in the past few years. Many people have made a lot of money in the stock market and have forgotten that the stock market has

risky.

You shouldn’t forget it 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 company will be forced to delist, its stock price will plummet.

As a person who holds shares of this company, it is natural that he will suffer a huge 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 large companies.

What it embodies is a value investment.

The GEM is purely a place that tests your eyesight. If you select a good company, the stock price will skyrocket.

If you don't choose well, you may lose money and be left with nothing but your pants.

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