Chapter 1007 The rise of the Huo family
"Is this a crazy rhythm?"
The media almost immediately thought of a possibility that after the stock market opened in one afternoon, it would inevitably rise sharply. In fact, all people in Xiangjiang know the existence of the Down Group. The phone they are holding is a KT phone, but they also know exactly what is behind the KT phone. Although they are unwilling to admit it, it is undeniable that the KT phone is very powerful.
Xiangjiang has a population of more than 5 million, but at least about 4.5 million people here use kt phones. Except for some children, most other people use kt phones. This is also impossible. It is really too high to popularize mobile phones in Xiangjiang.
Let’s take a look at those primary school students who are studying, and they all have a mobile phone that they are in third grade or above.
In this regard, the knowledge popularization level of Xiangjiang is still much higher than that of mainland China. Children are also very precocious. In the third grade, they are between eight and nine years old. At this age, they are also sensible and can also use mobile phones. As for the older generation in Xiangjiang, those under the age of seventy, they have received a certain amount of knowledge education. Although they accept high-tech products such as touch screen mobile phones, they will also use them as the crowd, and they use kt mobile phones.
This is also the real reason why Xiangjiang has a population of more than 5 million, but more than 4.5 million KT mobile phones sold.
The current situation in the mobile phone market in Xiangjiang is that it cannot be poured in and cannot leak water. To put it bluntly, it is extremely difficult for other brands of mobile phones to enter this market. It is all because the telecommunications market in Xiangjiang is dominated by Little Superman. The relationship between Little Superman and Tang Hao is nothing to say. We have in-depth cooperation with the Down Group. Sorry, we don’t have an agent and will not give you discount packages. If you want to find someone to cooperate, you can find another telecommunications company.
Those small telecommunications companies want to cooperate with other brands of mobile phones. However, their interests will be exploited, far from the high profits of KT mobile phones. In this case, they are too lazy to accept a new brand. After all, KT mobile phones are now the trend, but the profits given to them by the Down Group are very generous.
After the price increase, they not only have a profit of 200 Hong Kong dollars, but also have some preferential prices, such as a whole batch. When the quantity reaches a certain level, they can make more money by one piece.
This is a rebate, and it is also a rebate.
In this case, they are not as big as Little Superman's telecommunications company, but they have room for survival, which is enough. Anyway, the current situation is no longer something they can reverse. The only thing they can do is to follow Little Superman's footsteps and follow the Down Group's footsteps. They can still survive, otherwise it would be very dangerous.
Maybe after they act as agents for mobile phones from other brands, they will anger the Down Group and the Little Superman, and then they will be done with it.
The telecommunications company's approach has led to the public in Xiangjiang being extremely familiar with the Down Group. During the year, those media have reported on the Down Group. Gradually, they all know that this is a powerful group, and what is more important is that they have strong cash flow.
Just like this, a company, who joins Li Chaoren, and Qian Group, will jointly protect the market and rescue the market. They have strong cash flow, so it would be strange if the stock market does not rebound.
If Li Chaoren dares to say it, he will definitely take action, and the intensity of the action will not be small, which is certain.
The media is not a decoration. They will follow up and report and get some insider information from some channels. If what Li Chaoren said in the end does not do it, it will have a great impact on his reputation. This is definitely not the result that Li Chaoren wants. Therefore, the only possibility is that as Li Chaoren himself said, they will really save the market vigorously.
As it turns out, Li Chaoren does what he says.
Xiangjiang's stock market also rose rapidly after the opening in the afternoon, as the media expected.
Some well-informed people soon discovered that they had been investing in a lot of money, but they didn't hide it, and they were just so blatant.
One of the funds is the group they are familiar with.
Huo Group!
Yes, Huo Group didn't know the funds coming there. They swept quickly when the market opened in the afternoon. They seemed to be using up all their money. They bought targeted large-scale acquisitions as long as there were sell-offs, and they targeted several large companies, which are also recognized as having great potential. What is the rhythm?
There is only one explanation, that is, Huo Group realizes greater ambitions through acquisitions in the stock market.
The Huo Group does have this idea. In the morning, they received a funding support of more than 3 billion Hong Kong dollars. In addition, their own funds also borrowed more than 1 billion yuan from the bank. It can be said that the funds they can mobilize are as high as 5 billion yuan, which is enough for them to sweep a lot of stocks.
Three billion, the source is the Down Group.
This money was lent to them by Tang Hao, and it was an interest-free loan.
At the same time, Li Chaoren and Qian's Group also stated that if necessary, they can free up about one billion in cash flow to support them. They are also interest-free loans. With such support, they can unscrupulously acquire the industries they want in Xiangjiang. If necessary, they can also acquire absolute control of some companies and then merge them into their Huo Group.
Big fish eat small fish!
In the shopping mall, such a drama is being staged all the time.
But there is one premise, that is, you have huge cash flow. If you have it, then many things can be done.
The Huo Group wants to grow in a short period of time, this is the best way.
In short, it is that simple for their Huo family to rise this time.
However, the people of the Huo family did not forget, how did all this come about?
There is only one answer, that is, when they make the right choice when they make an important choice, they will have such an opportunity.
One chance for their Huo family to rise completely.
It is easy to make a choice, but as you reach a certain program, it is not easy to make a choice that others seem to be simple. You need to consider all aspects and sometimes you have to take huge risks to measure everything.
Choosing requires a lot of courage.
Everyone knows the consequences of choosing the wrong one.
So, this time the Huo family made a choice, and they were right in the end, but in the early stages of the choice, they made a choice, which was not easy in itself.
And this time their Huo family has a chance to rise, which is probably the reward they get after choosing.
(To be continued...)
Chapter completed!