Chapter 150: The US Federal Reserve raises interest rates, and Miracle Group is impacted



"The automotive and gaming sectors are the most affected."

"Also, the sales of Miracle Games are currently impacting Miracle Factory, which is unable to operate at full capacity, and its profits will also decline."

Bao Junyi knew that the US interest rate hike was just the beginning, and the maximum rate hike would reach 19%, a record high in history.

This US Federal Reserve Chairman is also the craziest. He does not raise interest rates like the 0.25% and 0.5% in the Blue Star of later generations. Instead, he directly raises the interest rates to 2%, 4%, 6%, etc. The main reason is that if inflation does not go down, he will continue to raise interest rates until inflation goes down.

However, it was also his interest rate hikes that effectively curbed inflation in the United States and laid the foundation for the subsequent 40-year bull market in the U.S. stock market.

Bao Junyi thought for a few minutes before saying, "Since the game isn't selling well, let's just sell the chips."

"Our third-generation CMOS 65C02 chip is suitable for companies currently transitioning to the U.S. economy, their high-end manufacturing, especially high-end sensing equipment companies."

"Bao Sheng, we launched a batch of these products on the market before, and the response was pretty good, but not as good as you thought."

Bao Junyi sneered, "Haha, that's because someone is suppressing the price. Otherwise, they wouldn't be able to sell the chips."

"At least, it will take about a month before they can no longer suppress the news."

"Lao Jia, what is our current monthly chip production capacity?"

"Guaranteed production. We can now produce 1.6 million chips per month. The purchased lithography machines are being gradually installed and put into production."

"If all of them are put into production, and we optimize and debug the equipment, we can reach 2.4 million chips per month."

"What if it runs 24 hours a day?"

"It is estimated to reach 4 million chips per month."

"However, that would significantly reduce the lifespan of the equipment and increase the risk of equipment failure."

Bao Junyi smiled and said, "It's okay. Nikon's lithography machines are just for temporary use anyway. Besides, lithography machines are updated very quickly, so if they break, they break. As long as we produce for a month, the money we spent on purchasing the lithography equipment will be back."

Jia Yuezheng smiled bitterly and said, "Bao Sheng, this is the first time I've heard of this kind of calculation."

"You'll get used to it later."

"By the way, Lao Jia, how has Huo Jianlin been doing recently?"

"Bao Sheng, he has strong abilities in all aspects and learns quickly. It won't be long before he can handle things on his own."

"Yeah, do you know why I put you next to me to study?"

"Bao Sheng, I know."

"Wrong, you don't know."

Bao Junyi said seriously: "The scale of Miracle Group is constantly expanding, and the scope of its business is also constantly expanding. Your energy is limited."

"Besides, you can't manage it all by yourself. There are so many things going on."

Jia Yuezheng nodded and said, "I understand. So, Bao Sheng is considering training him to share some of my responsibilities?"

"Wrong, it's not me who trains you, it's you who trains you."

"If you want to reach a higher position, you need to have younger brothers under you who you can train. Only then will you have a long-term future in the group."

Jia Yuezheng was stunned. He thought that he had sided with Bao Yuguang before and was now here to share power. He didn't expect that he was considering my future.

Bao Junyi continued, "Old Jia, I hope you can do your best and train him well."

"If you hadn't been there with me from the beginning, I would have hired some senior executives to run the various companies."

"I hope you can also discover some talents in the company, train them, and contribute to the group."

Jia Yuezheng said gratefully, "Bao Sheng, I understand!"

"Thank you for your continued support. I will train the people below me well and share the pressure with you."

Bao Junyi nodded and said, "Go ahead and inform the group that the top management will have a meeting in thirty minutes."

"OK."

At this time, it was located in the office of Murray MacLehose in the Governor's House.

Just received the news that Bao Junyi has invested over 5 billion Hong Kong dollars in the mainland.

MacLehose said angrily, "What does Bao Junyi mean? He just promised me to go to Eagle Country to invest."

"He then went straight to the mainland and invested more than 5 billion Hong Kong dollars."

The secretary whispered, "Mr. Governor, there may be other reasons."

"What's the reason?"

"Can he come over and invest 5 billion Hong Kong dollars directly?"

The secretary said, "I heard that while he was in a coma, a very skilled Chinese medicine practitioner was sent from the mainland to treat Bao Junyi. The treatment lasted for over a year."

"It was also because of this old Chinese doctor that Bao Junyi was able to wake up."

MacLehose was shocked and said, "What kind of old Chinese doctor is this? He's so amazing!"

"My God, is this the mysterious medical skill of the East?"

The secretary smiled and said, "Yes, Mr. Governor, China is a vast country with a long history."

"Moreover, Chinese Traditional Medicine has been passed down for thousands of years. Their treatments are truly miraculous. Many conditions that science cannot confirm can miraculously improve under their treatment."

MacLehose's gloomy face softened slightly before he said, "Whatever the reason, since he's slapped me in the face and caused me to be scolded by the cabinet, I have to ask him for some compensation. Otherwise, I'll be unable to vent my anger."

Damn it, I was sitting at home and the blame came from the sky, and I was scolded for no reason.

At this time, the executives of Miracle Group gathered together.

Bao Junyi looked at Liu Mengmeng and asked, "How much money is left in the group account now?"

"Guaranteed birth, and $2.268 billion."

Bao Junyi nodded and said, "So how much is the expected profit this year?"

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