Chapter 737 Newtech Corporation
"Qiongzhou Island, what businesses have you run there?" Yu Dongfeng asked casually.
"I've gone too much. Although our wholesale store is small, there are quite a lot of types." A Guang smiled sly and said, "Qiongzhou Island, I don't know if you have been to you before? The scenery is pretty good, but it's developing very slowly, and it can't be compared with the mainland! And there are typhoons, which come every year, so I wholesale some daily necessities, clothes, etc., and they are all sold well. Now there are slowly developing tourism there, and the food is also good."
“How much does it cost to do in an average year?”
"It's tens of thousands of dollars!" A Guang slapped his chest confidently.
Seeing A Guang talking very well, Yu Dongfeng nodded secretly. It seemed that this kid was not a random brag, obviously he had been doing business for a period of time.
However, Zhong Bai proposed that the agency business of this small free trade zone is not a small fuss, especially to take over more than 90% of the rare earth concentrate exports to R in Baiyun Obo mining area. In the case of sales in a year, at least millions of dollars or even higher (if foreign market demand surges), we cannot look at it from the perspective of small businesses.
Yu Dongfeng's expression became serious and he said seriously: "Well, I said it very roughly on the phone last time. A Guang, let me tell you that this time I was not a business that was tens of thousands or even hundreds of thousands of yuan a year. That was... a business that was at least a few million dollars. Do you have the ability?"
"How many...millions of dollars?! What kind of big business is that?!" Even A Guang, who was still having fun just now, couldn't help but become stuttering when he heard this number!
Yu Dongfeng just finished smoking and wiped out the cigarette butts and waved his hand: "Let's go, let's eat the things with them first. When I arrive at the hotel, I will tell you slowly..."
...
md, New York, Wall Street.
Whether in 1983 or 2020, this is the world's largest financial center.
As the world's most important stock market index, the Nasdaq Index can make countless people rich or lose money every minute and every second of its fluctuations.
Just on the other side of the ocean during the Chinese New Year, Carroll, a trader at the Nasdaq trading yard, discovered that the stock of a California Newtech company that had just started listing in December last year has risen by more than 3% for two consecutive days!
For large companies like ibm, it is not uncommon to increase by more than 3% for two consecutive days, but for a company that has only been listed for more than two months and three months, this is obviously a bit unusual.
Nasdaq traders all have their own fields of expertise. Currently, the mainstream stocks are of course the high-tech electronics industry, as well as the traditional energy and military industries. There are quite a few traders specializing in this area.
However, Newtech's main business field is very unpopular. It is about new semiconductors and new materials. There are few traders paying attention to this area, and their levels are high and low - after all, they don't make much money.
Of course, because the competition in this area is small, it is mainly because of the small number of related stocks and the low transaction volume. Custody companies and traders mainly rely on the "count of lots" of transactions to earn profits, which makes many newcomers who have just entered the industry do not pay attention to this industry.
Carroll, a top student who graduated from the Department of Finance at Yale University, received a double degree when he graduated from college, and another degree was in the Department of Materials, which is also very unpopular at Yale University!
This special experience made Carol sensitively realize that Newtech's stock will have very good potential. Thinking about it, it has been almost a year since he came to Wall Street and has not yet increased his salary by a cent. Carol decided to start with this stock, hoping to give himself a good prospect!
"Hey, is it Mr. Thomas? Oh my old friend, I haven't spoken to you for too long. How is your golf course business going recently?..."
"Yeah, today I took the liberty to disturb you because of the stock fund you hosted in my company. I found a very unpopular but high-tech stock in the market that is very unpopular but has great potential..."
"Well... This California-based Newtech company specializes in new semiconductors and new materials..." Carol read the information about Newtech company in the newspaper he excerpted, while saying: "According to the latest reports on their company's board of directors, they have obtained the exclusive agency rights of full MD for high-purity rare earth concentrate imported from China, so it has risen by 3% for two consecutive days..."
"Well, I'm looking forward to meeting you..."
Carol hung up the phone, breathed a sigh of relief, and a smile appeared on his face.
It seems that these rich people are more interested in the new concept!
Carol usually doesn't pay much attention to China, but when he was studying, his associate degree was in the Department of Materials, and he also had a certain understanding of rare earth materials.
But the news of "acquisition of exclusive agency rights for full md imported from China" undoubtedly made him even more eye-catching!
Because the New York Times reported some time ago that there is a very large rare earth mine in northern China, and a huge reform has been carried out recently, which has attracted high attention from MD, RB and Europe. Since then, Carol has begun to collect relevant information.
However, there are very few subsequent reports in MD. It was not until yesterday that he discovered that the unknown tabloid named California Industry News published the report. So Carol immediately took this opportunity to start lobbying his customers, hoping that they could gain a batch of Newtech stocks at this node!
Soon, he used his three-inch tongue to convince five customers, with a total amount of 8 million US dollars used to invest!
...
Zhong Bai's family, who had just arrived in Canton, were stopped by an MD business person at the airport exit.
"May I ask, are you Mr. Zhong Bai?" As soon as the bearded white man met, he asked in stiff Chinese.
Zhong Bai looked at the other party carefully, and after confirming that he had never seen this person in his memory, he replied in confusion: "Yes, I am Zhong Bai, who are you?"
"That's great! I'm Bill from MD Nanhua Business Consulting Company." Bill stretched out his right hand and held Zhong Bai without saying a word, and said, "I was entrusted by a friend and finally contacted you! This is what David reporter from New York asked me to bring to you!"
"David?!" Zhong Bai was surprised. How could his hardcore reporter in the New York Times ask Bill, a md man who had never seen before, who was in Canton, to bring a message to him?
What words do you want to bring?
Perhaps Zhong Bai smelled a trace of unusual smell from it. He thought about it and said to his sister Zhong Ting behind him: "Xiaoting, take your parents to the airport lounge over there for a rest. I have something to talk about with this person."
"Oh, then we'll wait for you." Zhong Ting has always been concerned about her brother's work, so she simply took Zhong Dasheng and Tang Cuihua, who were also confused, to the lounge and waited.
Chapter completed!