After a month, the turnover of the two cities exceeded 1 trillion yuan, and the three major indexes also closed red. What’s more exciting is that the leading sector is semiconductor. This sector rose sharply for one year in 2020, and began to fall last year. Many of the original profits have lost back. It’s hard to say whether it will be a reverse signal this time. I don’t know whether the tide has receded or not, but companies with performance should be the first to get out of the trough.
The Hong Kong Stock Exchange disclosed the listing application of Yang Guofu Malatang. It is estimated that the “first share of Malatang” will be born soon. The company’s data is a little strange. As of February this year, there were 5578 restaurants, of which 5554 were franchised restaurants, 20 overseas franchised restaurants and only 4 Direct stores. In the past three years, the revenue was about 1.1 billion and the profit was between 160 million and 200 million. The franchise fee for opening a store is not very high, less than 30000 a year. But the company mainly makes money by selling vegetables to franchise stores. There is something wrong with this model. Are you a commodity circulation enterprise or a chain enterprise?
According to the news, LVMH will open two new leather workshops in France, plus four in 2019. There are already 20 workshops in this luxury goods company, most of which are in Europe. Company executives said that the workshops opened more and more because of strong demand. During the epidemic, the stock trend of the company was very strong, and the share price doubled in the past two years. China’s rich people can’t go abroad to buy bags. What can this company do to expand its production? It shows that rich people in Europe and America don’t buy the right ones, only expensive ones.
Guangdong Expressway issued an announcement: the toll of Guangfo Expressway will be stopped from 0:00 on March 3, 2022. This expressway is the first expressway in Guangdong. The initial investment was 569 million yuan and the charging period was 30 years. Later, due to the expansion, the charging period was extended to this year. This road brings considerable benefits to Guangdong Expressway. Last year, the toll revenue was 330 million yuan and the net profit was 155 million yuan. The income in 2019 before the epidemic was higher, with a total toll of 471 million yuan and a net profit of 251 million yuan. Many people are jealous of such a high income and feel that they earn better than Maotai. But there are not many expressways to make money like this. It’s good that most expressways don’t lose money. Highway stocks haven’t gone out of a decent market for so many years. It’s really not that institutions look out of sight.
Guangzhou Municipal Bureau of housing and urban rural development responded to the rumors of “relaxing the price limit in the early stage”, saying that both luxury houses and ordinary houses have not been relaxed. The housing and Urban Rural Development Bureau said that the so-called price limit standard refers to the limited price of residential projects with the same quality around. There is a lack of reference buildings around luxury houses, so there is another method to determine the price limit for luxury houses, but this standard has not been disclosed. Previously, it was said that the price limit of luxury houses was relaxed, which was misread by the outside world. “We have control over all real estate prices.” Guangzhou is a first tier city. It is estimated that it dare not relax directly. But can this luxury house pricing standard be made public for everyone to judge.
