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Chapter 1409: Chapter 1256: A Storm is Brewing? Heh (Subscribe Please!)
Speaking of going public.
Tang Qing’s companies have also scheduled it on their agenda.
The benefits of going public.
Are clear for all to see.
One, it can make money.
Two, it enhances brand recognition.
Three, it enlarges the company’s assets and improves bank credit rating.
Tang Qing plans to take his high-tech companies public and make a fortune, preliminarily setting it up for Qingyuan Technology, Microcrystalline Technology, and Comet Group, with the time being the beginning of next year.
Starting from the beginning of this year.
The reach of the subprime crisis keeps expanding.
Next year.
It will evolve into a global financial crisis.
Logically speaking.
This is not a wise choice for a time to go public, but that’s only ordinary people’s perception; the subprime crisis has caused a ruckus? Nonsense, those who should be full are gorging themselves.
After these people have their fill.
They have two choices.
First, to rest a bit and then continue to feast.
Second, to see other delicious pastries and drink some digestive tea, then carry on feasting.
In this crisis, those who have earned will definitely buy up bankrupt and undervalued quality properties in large quantities, while those who have lost will certainly look for good investment channels to recover their losses.
It’s this logic.
That allows for economic recovery, cyclical economy, and the V-shaped law... Therefore, as long as it’s genuinely quality assets, they will inevitably be sought after by the market. The profit-seeking nature of capital exists at every stage.
These three companies.
Tang Qing prepares to list them on different markets.
United States.
Hong Kong.
Xin’an City.
One company in each place.
Microcrystalline Technology’s headquarters are in the United States, thus the nearest and most convenient for listing, while Comet Group is in Huaxia and can’t meet the A-shares’ requirement for three consecutive years of profitability, since Comet Group hasn’t even been established for three years.
Moreover, the A-shares listing process is too cumbersome.
Therefore.
It chose to list directly in the financially active market of Hong Kong.
Qingyuan Technology.
A company that Tang Qing values greatly, chose to go public in Xin’an City—it would allow him complete control over the stock price and also serve as an ’excuse’ for unlimited loans from Myanmar Bank Group.
Leveraging this subprime crisis.
When global capital is tight.
And everyone is searching for investment opportunities.
The stock market of Xin’an City could also reach a development peak, even becoming the only stock market in the world that rises against the trend during the financial crisis, thereby establishing its position as a major stock market.
... 𝓃𝓸𝓋𝓅𝓊𝒷.𝓬𝓸𝓂
After dinner.
Outside.
The light rain had turned into a downpour.
Inside the living room.
Several families gathered together watching TV.
At this moment.
Tang Qing looked at the several new "heads-down tribe" members in his home somewhat helplessly; the advent of mobile phones has made life convenient for people but also captured far too much of their attention, wondering when will they ever rest.
The farthest distance.
Is me next to you.
Yet you are immersed in scrolling through your phone.
Tang Qing also questioned this not-so-positive social phenomenon brought by technology—developing so many eye-catching apps, apart from their commercial economic value, what’s their social value?
Alright.
He admits he’s overthinking it due to being too well-fed; if he doesn’t do it, others will since countless companies would rush in for the money, the market share, just to keep existing, all vying for people’s time.
No copper walls or iron walls can block them.
Talking about changing the world?
The world?
Does it really need to be changed like this?
Suddenly.
An advertisement for ’Epoch’ played on the TV.
"Epoch, unleash your world!"
Hmm.
Truly tempting.
Just then.
Qin Shiqi suddenly cried out in alarm, "Brother, something’s wrong."
In an instant.
Everyone’s gaze shifted in that direction.
Being watched by everyone, Qin Shiqi hurriedly held up her mobile phone, "Bro, just now, America’s ERV released their smartphone, a large-screen one too, clearly targeting you."
Having said that.
A face full of indignation.
"These companies are too despicable, with specifications almost identical to ’Epoch’, and the price is similar too. They even claim they will start selling globally next month, bro, what do we do, you have a competitor now."
After listening.
The whole family was a little tense.
Ever since Tang Qing’s enterprise went global, even Father Tang had unconsciously begun to learn and understand business information related to Tang Qing, checking the internet daily to see if there was anything new.
ERV.
They knew it.
A real behemoth.
The company with the highest market value in the world.
In RMB terms, the market value was close to five trillion RMB, such a terrifying market figure, just looking at it could make one’s head spin and heart flutter, instinctively feeling it to be an almost unbeatable opponent.
"Let me see."
Tang Kai quickly took Qin Shiqi’s phone.
And started to browse through it.
The more he read.
The more anxious he felt.
Its specifications were almost similar to ’Epoch’, using a similar processor and other components as those of other manufacturers, with just a slight difference in appearance — ’Epoch’ had a notch screen, ERV’s released phone had a flat screen.
The phone was passed around.
Everyone had the same feeling.
--- A storm is brewing!
To this.
Tang Qing could only laugh inwardly.
It was impossible to offer an explanation.
In fact, at the end of last month, several giants had released their smartphones already. No choice, ERV’s words were not reliable, they sat firmly, but it was making others restless.
Finally.
Seeing no move from ERV.
They gritted their teeth.
And released their smartphones.
Seeing this situation.
Of course, Tang Qing had already ordered the release of ERV’s phone, better to release it first than wait, and in a week’s time, the company they had set up in Europe would also release a model, and the phone developed through Huaxia and Huawei’s cooperation would also be released at the beginning of the next month.
By then.
Four powers would stand.
Forming an official ’strangling’ alliance.
And launch the crazy ’collateral damage’ strategy.
Steve Jobs’s Apple phone was also prepared to be released mid this month, but that phone had almost lost its advantage already, and a once pioneering Apple would not become an epoch’s emblem any longer.
Lost among the masses.
"Mom, what should we do?" Mother Tang was a bit anxious.
Tang Qing could only offer comfort: "It’s nothing, market competition has always been like this, thinking of monopolizing forever is impossible, rest assured, I have confidence in ’Epoch.’"
"That’s right, sis, this isn’t a competition of technology, but one of concepts, I believe Tangtang will handle it well," Tang Kai also said, smartphone technology came from others, what’s new was the concept.
He believed in Tang Qing.
"Damn ERV."
"That’s right."
"..."
Seeing the family’s hostile attitude towards ERV, Tang Qing smiled helplessly, let’s forget it, curse if you want, after reaping such a huge benefit, it’s normal to endure some gossip.
After the gossip session.
The TV series also ended.
Everyone returned to their rooms to rest.
Lying in bed.
"Tangtang, you alright?"
"Don’t worry, no one can bring down your man, you’ve experienced it yourself!"
"..."
...
At this moment.
In America.
ERV’s ’strong offense’ made the media boil with excitement, all eagerly awaiting ERV to create a miracle, to outshine ’Epoch’, finding it hard to accept that a Huaxia company had taken the lead in innovation.
How could they tolerate that.
Many people declared.
Once ERV smartphones came out, they’d definitely buy one, American media also propagated ’supporting national goods’, in any case, after being provoked by ’Epoch’, America and Western countries urgently needed a ’Rise of Heroes.’
As for Apple?
Pfft.
Just released.
And already got slapped in the face by ’Epoch’.
Embarrassing.
