Resource Tycoon Reborn

Chapter 644 Don't fall? No! (Seeking a monthly ticket)

Early the next morning, everyone who had something on their minds gathered in the Fang family's house again. Everyone looked at each other's dark circles and couldn't help but burst into laughter. It turned out that he was not the only one who tossed and turned and had difficulty falling asleep last night.

Su Aijun and Zhao Xu'an are still here. Li Dongxing had to return to Fengyuan early in the morning because he had to attend a meeting of the Fengyuan Municipal Committee, but he would be back at noon.

After a night of careful consideration, everyone raised more questions about Fang Mingyuan's plan and found more solutions. This is in line with an old Chinese saying, money is not everything, but no money is everything.

No. With abundant funds, many ideas that originally seemed impossible have gradually been solved in practical ways.

Fang Mingyuan, who proposed the plan, was completely unable to speak at this time most of the time, and could only sit aside and yawn. He, a layman who is actually a dissatisfied half-bottle of the automobile industry, can guide the future of China's automobile industry.

The general direction of development is OK, but when it comes to implementing specific work, his little professional knowledge is a bit too much to keep up with.

Fortunately, the people present are all professional elites in their respective industries. After going back last night, many of them convened their subordinates overnight to further brainstorm. Regarding the future direction of China's automobile industry, what should I say?

They have no premonition, which is absolutely nonsense. But which one of them dares to stand up like Fang Mingyuan and publicly declare that China's automobile sales will grow at a rate of more than 30% in the next two years?

After Fang Mingyuan confirmed this point, if they were asked to prove this argument, they could find a lot of evidence. And this in turn strengthened their confidence.

Nowadays, their eyes are filled with the light of confidence and wisdom, and feasible plans are spoken out by them and recorded on paper. The feeling of making history makes them extremely excited.

With a tired look on his face, Li Jianxi withdrew from the crowd and then noticed Fang Mingyuan sitting in front of the window, yawning and writing on a piece of paper.

Li Jianxi sat next to Fang Mingyuan. Fang Mingyuan turned his head and said, "President Li, do you want to take a rest?" Li Jianxi, who was born in 1940, is now over sixty years old. For two consecutive days,

The intense mental work is also a big burden for him.

"It's okay, I haven't been like this for a long time.

Mr. Fang, what are you doing?" Li Jianxi wiped the sweat from his forehead and looked over.

"The new script promised to Hong Kong Kumho Film Group has some new ideas. Write them down first." Fang Mingyuan said with a smile. When he read the script in the previous life, he was not so satisfied with it in this life and planned to make some adjustments.

Moreover, we also need to create soft advertisements for some oil companies, especially our own Pingchuan Petroleum Group Company.

Li Jianxi nodded in realization, sat back, waited for Fang Mingyuan to put down his pen, and then said: "Young Master Fang, I have carefully considered your proposal yesterday, and we will make additional investment according to our respective shareholding ratios.

Bar."

"Okay, it's a deal!" Fang Mingyuan nodded. He was not surprised at all by Li Jianxi's decision. To be honest, he now has strong support from the local government, and Qinxi Province is an absolutely unstoppable province.

In a place that lacks skilled workers and has a large number of former military industrial enterprises, as long as there is sufficient financial support and quality is guaranteed, no one thinks that Qinchuan Samsung Automobile Co., Ltd. can complete a triple jump in output in four years.

It is an impossible thing. What they are thinking more about at this time is how to occupy more shares in the Chinese automobile sales market in the next few years.

Zhao Xu'an came over and said: "Young Master Fang, President Li is talking about the training of factory employees..."

On Monday, July 2nd, the New York Stock Exchange, the Nasdaq Stock Exchange and the American Stock Exchange opened as scheduled. However, before the U.S. stock market reopened, the Federal Reserve announced a cut in interest rates of 0.5 percentage points. This was the second

The Federal Reserve lowered interest rates for the ninth time in 2001. The federal funds rate has dropped from 6.5% at the beginning of the year to 2.7%. The European Central Bank, which has always been hesitant, also cooperated with the Federal Reserve's move this time.

Act quickly to lower interest rates by 0.5 percentage points.

In the past week, due to the June 28 incident, the world's major stock markets generally plummeted. The Tokyo stock market fell by 5%, the London stock market fell by 7%, and the Paris stock market fell by 12%.

Frankfurt fell 14%, and the Hong Kong stock market fell as much as 9.1%. In terms of points, it was the sixth largest decline since the establishment of the Hong Kong stock market. It was also the largest single-day decline in the Hong Kong stock market since the Asian financial crisis. It was only six

On March 28, the value of the Hong Kong stock market "evaporated" by more than 300 billion. The Hong Kong stock market was also not immune to the disaster. It closed down by more than 5% and reached its lowest point in recent years.

Among the listed companies, airlines were the most affected, with their stock prices falling the most! Since the U.S. stock market was closed, the decline in the stock prices of domestic airlines did not appear, but in Europe, the stock prices of airlines in various countries generally fell.

There has been a sharp decline, with the stock prices of British Airways, Lufthansa and Air France falling by more than 30%, which can be said to be a tragedy.

Listed companies in the tourism and insurance industries are also greatly affected by this. Although the terrorist attacks occurred in the United States, no one can be sure whether these terrorists from Al Qaeda will turn their attention to American allies.

We? So the number of Europeans traveling has also seen a significant decrease.

The U.S. government also announced on July 1 that it plans to increase spending by $40 billion over the next two years for counter-terrorism activities and the reconstruction of New York and Washington. The World Trade Center in New York will be rebuilt. Moreover, the United States

The government will also provide a total of US$15 billion in assistance to major domestic airlines, of which US$5 billion is direct assistance and US$10 billion is loan guarantees. At the same time, the Federal Reserve has set up a "discount window"

, satisfy financing from major banks at any time.

However, after calming down the world's stock investors for three days, the Federal Reserve announced a lot of good news. After the opening of the three major U.S. securities exchange markets, the stock market still showed a one-sided and rapid downward trend.

The economic losses suffered by Americans this time are really too great. Although the specific number of casualties and property losses have not yet been calculated, according to estimates by New York City officials and some people in the industry, the June 28 terrorist attacks caused a huge loss to New York City.

The direct losses caused may reach more than 70 to 80 billion US dollars.

Before the June 28 terrorist attacks, the World Trade Center was built in the 1970s with a cost of over one billion U.S. dollars. It was a landmark building on Manhattan Island and an important commercial office building.

In the building, there are nearly 1,200 corporate offices from all over the world, and the total number of people working here has reached more than 50,000. If we also count the business personnel and tourists who come here to do business,

Inside, the total number of people is as high as 140,000 to 140,000!

During the June 28 incident, two planes struck, causing not only the two buildings to collapse, but also affecting some surrounding buildings. For example, until later, construction engineers still could not explain the cause of the collapse of the 47-story Solomon Brothers Building.

.According to estimates by New York City auditors, this incident caused direct economic losses to the United States of at least 70 to 80 billion U.S. dollars, including more than 30 billion U.S. dollars in losses to buildings and other property, and nearly 10 billion U.S. dollars in losses caused by a large number of casualties.

On-site cleanup and rescue costs in the disaster area will cost another 10 billion US dollars, and other follow-up work will cost at least 30 billion US dollars in the future.

This does not include the value of the five commercial airliners lost by airlines in the June 28 terrorist attacks, and the fact that the US Federal Aviation Administration did not announce the reopening of US airspace to allow commercial flights until the evening of July 1st. More than

The seventy-two-hour flight ban was imposed, and due to the temporary announcement of the air ban on that day, all flights had to land nearby immediately, and international flights to the United States had to return or fly to neighboring countries of the United States to land. The losses caused,

It is even more difficult to count.

Although the airspace has been reopened and commercial flights have resumed, the psychological shadow caused by the June 28 terrorist attacks on Americans cannot be easily eliminated. It is conceivable that for a long time

, flying will not be the first choice for Americans to travel. Flight occupancy will become an extremely headache for American companies. This is tantamount to adding insult to injury to the already sluggish U.S. aviation industry! Even if there is

The US government has provided US$15 billion in aid, but for US airlines whose daily turnover is basically around US$400 million, this money is really not much!

The U.S. insurance industry also suffered heavy losses. With high insurance compensation, it can be said that these insurance companies basically did not need to consider profits in 2001. As long as there was no loss on the company's performance statement, it was enough.

Let the managers of these companies thank God.

In addition, industries that will also be affected include aircraft manufacturing, retail, automobiles, entertainment and many other industries. This will undoubtedly add a pinch of salt to the wound of the US economy that was already in recession.

As a result, the U.S. stock market will not be able to fall even if it wants to!

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