The Wealth Empire Crossing the Hong Kong

Chapter 414

Entering the new week, the Hong Kong stock market is on ice and fire, the East Asian index continues to rise, the Hang Seng index fluctuates repeatedly, while the Kowloon index turns around and falls.

The main reason for this situation is that the constituent stocks of the Far East Exchange are mainly the industries under the Donghuahui. These enterprises pursue the strategy of going out. With very good returns, and with the promotion of securities institutions such as Xinjian Investment, the stock price has soared all the way.

These days, the stock prices of most companies have risen by more than 50%, and Lane Crawford’s rise is close to 100%. The current market value has reached 573 billion Hong Kong dollars.

Huihong Group is firmly occupying the first position with 1846 billion Hong Kong dollars. Even HSBC has been relatively demonic in recent days, but it is still nearly 700 billion Hong Kong dollars away from Huihong Group.

The market value of real estate groups such as Hutchison Real Estate, Jiulong Jianye, Huaren Real Estate, and Guanghua Construction Industry under the Donghua Club have also risen sharply, especially Hutchison Real Estate. Quite Feng, the stock price also seemed to have an engine installed, breaking through the 60 billion Hong Kong dollar mark in a short period of time, an increase of more than [-]%.

Jiayi Group is also striving for success, especially last year when the two major sports leagues in Asia were in operation, the influence of Jiayi Sports Channel continued to soar, and the advertising costs also increased.

In addition, Jiayi’s profits from movies last year also enabled Jiayi Group to turn around. The market value of Jiayi broke through 80 billion Hong Kong dollars, making it the second largest group after Lane Crawford. The embarrassing situation of catching up with the market value.

As for the repeated fluctuations in the Hang Seng Index, the main reason is that the constituent stocks there are mainly banks and real estate. The leading banks, including HSBC, Standard Chartered, and Hang Seng, did not have much impact on their profits last year.

Although the stock price has not risen as much as Xinjian, East Asia, Daoheng, Yongan and other banks, the stock price has also risen rapidly in the past few days.

The real estate side is completely different. Whether it is Jardine Land or Swire Properties, or even Shun Tak, He Xin, Cheung Kong, Hang Lung, etc., last year it was mainly in the Xiangjiang market, so that the data in these annual financial statements was quite unsatisfactory, and the stock prices naturally fell. The fate of diving cannot be avoided.

The worst thing this time is the Kowloon Exchange. The above constituent stocks are mainly real estate and shipping. The real estate is similar to the companies on the United Exchange. They are basically sticking to the Xiangjiang market, and their profits are far lower than market expectations.

Shipping is not much better than real estate. The global shipping winter has come. On the one hand, there are rising transportation costs and on the other hand, orders are decreasing. These shipping groups are now facing a life-or-death choice.

Especially for those shipping companies that are expanding blindly, the high debt, the cold market, and the falling market value, because of the mountains and mountains that weigh on the hearts of the helmsmen of these companies.

This round of cold winter has also affected Huangpu Shipping Group. Even though the group has reduced its fleet on a large scale, with the support of Donghua Club, it is enough to meet the current fleet business needs, but it is still affected by this cold market.

Especially at present, several major subsidiaries of Huangpu Shipping Group, whether it is shipyard construction, port construction, or even wharf storage construction, only have input and no output.

Facing such a market now, Huangpu Shipping has also become the only company whose market value has fallen among the listed companies under the Xinjian Department and even Donghuahui in the past few days.

Regardless of whether the directors of the major listed companies are happy or sad these days, with the market closed on Friday afternoon, the trading hours of the Hong Kong stock market in 1981 on the lunar calendar officially ended.

Tomorrow is the twenty-ninth day of the twelfth lunar month, and the day after tomorrow is New Year's Eve, and because New Year's Eve is Sunday, this Hong Kong holiday will be four days, and the Hong Kong Exchange will open next Thursday.

The corporate holidays of Xiangjiang Donghuahui will still be from the [-]th of the twelfth lunar month to the seventh day of the first lunar month, and will not go to work until the eighth day of the lunar month. However, employees of major securities departments obviously cannot enjoy such a long holiday, especially in this special period.

For this reason, on Friday afternoon, Li Jianhui and Guan Jiahui went to the Xinjian Investment Department to give these employees New Year red envelopes in advance.

Tomorrow, these people will have an early holiday, so that they can spend one more day with their families during the Spring Festival than employees of other companies in Xiangjiang.

Hearing everyone's thank you, Li Jianhui said with a smile: "I should thank you, if not for your hard work, I would not be where I am today.

Because your work is no different than others, and the stock market is always closed, it is impossible for you all to rest.

Especially when there are important actions, except for special circumstances, you are not allowed to ask for leave, so you have much less time to spend with your family during the Spring Festival than the staff of brother companies.

But please rest assured that your vacation will not be lost because of this, and you will be given a rest after this operation is over. "

The people present were very happy to hear this. If they followed the Xiangjiang holiday, apart from a single holiday every week, the Spring Festival holiday would only be three days from the first day to the third day.

That is to say, Li Jianhui pioneered the Spring Festival from New Year’s Eve to the seventh day of the first month, with a total of eight days off. Because special positions need to be on duty, the salary from New Year’s Eve to the third day is tripled, and the fourth day to the seventh day is doubled. Later, the entire Xiangjiang Donghuahui enterprises also implement such a holiday, which also makes the employees of Donghuahui enterprises the envy of countless enterprise employees during the Spring Festival.

When he came to Pang Yi's office, Li Jianhui heard about Pang Yi's post-holiday arrangements. At present, Pang Yi and others have no plans to stop promoting.

They plan to increase the stock price of the listed companies under the Donghua Club by at least 50%, and then slowly leave the market. The stock price will fall at least no lower than today's closing price.

Thinking about the complexity of this year's situation, Li Jianhui said: "I agree with the current estimated value, but you have to be aware of the current situation. A black swan may happen at any time. Once this happens, you don't need to worry about it." Wear the guard plate.

Our Tung Wah Association’s industries are not like some companies in Xiangjiang, whose debts are not very high, so there is no need to worry about the possibility of insolvency if the market value is too low.

At the same time, taking advantage of this round of good news, Phoenix Group, Jinhong Jewelry, Jiayi Cultural Media Group, Jingyi Electric Group, Tesco Electric Chain Company, Xiangjiang Airlines, Xinyang Clothing, Hongyu Clothing, and Xinhui Hotel will Listed on the Far East Exchange one after another.

You here cooperate with Xinjian Bank, Xinhui Investment Company, Bank of East Asia, Dao Heng Bank, and Wing On Bank to make a reasonable valuation. "

Pang Yi did not expect that Li Jianhui would list so many companies this time. Except for Xinyang Clothing, Xinhui Hotel and Li Jianhui, which have little relationship with Li Jianhui, they are all wholly-owned or holding companies by Li Jianhui.

It seems that the rumor that his boss is short of money is not groundless, otherwise he would not have transferred funds from major companies this time, let alone let so many companies go public at once.

It's just that he doesn't know what big moves his big boss will make in the new year. Pang Yi doesn't believe that Li Jianhui will let a large amount of money depreciate in his account.

(End of this chapter)