New participants in the education blockchain ecosystem The company's chief executive and chairman Venkat Meenavalli media interview said: "the ultra high current market valuation is not reasonable and not real, we put the ipo pricing valuation for $5 is a very good description." But he emphasised: "we are a profitable company that has nothing to do with the current digital currency frenzy. Longfin has grown at a rapid rate of 200 per cent over the past six months and earned a profit of $28m. Alpesh Paleja, chief economist at CBI, said: "although sales have grown in the past few months, the basic trading conditions for retailers remain difficult. We expect that the pressures on households to actually pay will continue for a while, so retailers still face challenges. " At the same time, the company also announced that it will acquire 450,000 tons/year calcium chloride unit and 49,000 tons/year calcium chloride plant of the giant chemical group of China, with 6402, 53.1 million yuan. Xinlian chemical and plasticizing plant realized the revenue of 3251, 86.30 million yuan respectively in January and November of 2017, achieving a net profit of 97 yuan, -3.27 million yuan. The acquisition can improve the self-balancing ability of hydrogen chloride and hydrochloric acid in the company, and it is expected to guarantee the operation stability of the industrial chain after the completion of the acquisition. In his theory, money supply is controlled by the central bank and is an exogenous variable with no interest rate elasticity. At this point, monetary demand depends on people's psychological "liquidity preference".