The Wealth Empire Crossing the Hong Kong

Chapter 409 Gossip
Regarding Chen Yulian's appointment as Viscount and as the Governor of Donghua Territory, Li Jianhui deliberately contacted the major media in Xiangjiang and refused to report the news in order to reduce its influence.

It's a pity that some caring people obviously don't want to let this news go silent. After all, with such a big bargaining chip, it is impossible to gain benefits.

Although the major newspapers and TV stations in Xiangjiang did not report the news, the gossip has spread throughout Xiangjiang.

As soon as the stock market opened on Monday, a large number of sell orders emerged, and the three major indexes also took a big plunge.

In a securities department, a middle-aged man with a white face was filled with anger when he heard the news coming back from the exchange.

Last week, when some hot money left the market, he chose to continue to hold, and also strengthened the acquisition of tradable shares in the stock market. He is very confident in the profitability of some listed companies in Xiangjiang.

It's just that I didn't expect such a black swan to appear. Li Chen Yulian's being made a viscount is definitely not a good signal for the current situation. You must know that this is Li Jianhui's wife, and her son Li Zhipeng is Li's eldest son.

There are too many things to think about here, and what these investors and some small and medium-sized investment institutions are most worried about is whether this represents Li Jianhui's attitude. confident.

This also led to the fact that almost all of the three major stock markets were sell orders during the opening hour on Monday, especially the listed companies under the East China Association, which became the culprit for the sharp drop in the East Asian Index this time.

And this angry white man obviously took a heavy position in the shares of listed companies under the Tung Wah Club, and was influenced by Li Chen Yulian's canonization. I am afraid that it will be difficult for the stock prices of these companies to rise in a short period of time.

And what worries the white man the most is that Donghua Island is a fiefdom of Li Chen Yulian, and all the taxes on it belong to Li Chen Yulian. Will the Xinjian Department and even the companies under the Donghua Club move their registration and even their headquarters to Donghua Island? In that case, it will definitely be a major blow to the stock prices of these listed companies.

When he first came to Xiangjiang, this white man was very high-spirited. In his opinion, with many giants acting together, there was no region in the stock market that would be their opponent. Naturally, a small Xiangjiang was not regarded by him. in the eyes.

It was only after he came here that he realized that it was not what he had imagined. Although the total market capitalization of the companies listed on the major exchanges in Xiangjiang is not large, the financial strength of Xiangjiang is not small at all.

Moreover, due to the current situation, the stock market is full of uncertainties, especially when facing Li Jianhui, who does not like to play cards normally, which adds a lot of difficulty to their operations.

Now he has to think about whether it is worthwhile to continue to hold shares. If it is only based on the potential of these companies, even if it is held for a long time, it will not lose money.

It's just that there is a major risk here, that is, whether the situation can be stabilized.

Some of the current news all show the toughness of both parties. In addition, Xinjian Department and even the listed companies under Donghuahui have used their main profits for expansion in the past few years, and rarely pay dividends. This also affects the value of the shares.

Compared with the white men, Pang Yi was obviously in a much happier mood in the Xinjian Investment and Securities Department.

At this time, while directing the acquisition of shares in the stock market of listed companies under the Donghuahui, he continued to suppress the stock prices of these companies at lower prices.

I don't know if it is because England is preparing to put pressure on various aspects. At [-] o'clock in the morning of the same day, Jardine Group held a press conference to announce that Jardine Holdings and Jardine Landmark will change their registered places in Bermuda.

One stone caused a thousand waves. Even though Jardine has long lost its former glory as the top four foreign firms, it is still one of the top groups in Hong Kong. Jardine Land has relied on the rapid rise in housing prices in the past few years, although it began to decline last year. , but its market value still exceeds [-] billion Hong Kong dollars.

The market value of Jardine Holdings is also strong. Relying on the holdings of Jardine Land, Wellcome Supermarket, Heung Kong International Milk Company and other industrial shares, the market value is as high as more than 120 billion Hong Kong dollars.

The change of the registration places of these two companies, coupled with the gossip that Li Chen Yulian was named a knight, also aggravated the worries of stock investors and small and medium-sized investment institutions, and the sales orders on the stock market also increased rapidly.

This time, the scope was wider. Many stockholders wanted to secure their pockets and rushed to sell their shares. They didn't care which listed company their shares belonged to.

As a result, the three major indexes once again plunged, and the stock prices of most listed companies plummeted, and many companies fell by more than 20% at one time.

Originally, many stockholders could have a little lunch with peace of mind when the market was closed at noon, but some gossip made them extremely uneasy.

One of the important pieces of information is that Vancouver-based Huaying Holdings Group intends to move the headquarters and registration of Huihong Group, which is under its holding, back to Vancouver.

We must know that Huihong Group is the largest listed company, with a market value of more than [-] billion Hong Kong dollars, which has a greater impact than Jardine's change of registration.

These news not only make stockholders anxious, but also those hot money. Even if some listed companies do have potential, under the current situation, they can no longer see the motivation of these companies to rise, especially the controlling shareholders behind these companies do not care about it. When the market value of one's own company is listed on the stock market.

As a result, in the afternoon of that day, the hot money that persisted last week split again. Except for a few forces, they also joined the wave of selling in the afternoon to reduce their own losses.

And the gossip on the market has not stopped, there are many rumors, even including the change of Xinjian Group's registration place.

Wheelock Land also came out to join in the fun, announcing that the construction of the [-]th and [-]th clubs in Osaka and Nagoya will start respectively after Haojiang New Town, Tseung Kwan O, Tianshui Wai, Taipei, Tokyo, Kuala Lumpur, Bangkok, Chiang Mai, London, and Vancouver. Defeng Square.

This is also not a good signal for the current stock market, which indicates that the investment focus of the Xinjian Department is unswervingly expanding outward.

On the contrary, the news about Wheelock Plaza in Sham Shui Po has been missing for a long time. It seems that this plan has been forgotten by Wheelock Land.

Originally, gossip would not affect these investment institutions, but this time Li Chen Yulian happened to be a knight. Whether this is true or not, it is not difficult for these investment institutions to know. Relevant gossip news dare not be taken seriously, after all, Chen Yulian has already expressed Li Jianhui's attitude to a certain extent.

Because of these factors, it also created a good condition for Xinjian Investment Department and its allies, allowing them to absorb the shares of major listed companies at the bottom relatively easily.

(End of this chapter)