Chapter 474 CBBC

As an unlisted company, Tian Haichuan's resignation did not cause much disturbance, but it still caused a lot of disturbance due to the replacement of shares by several major holding companies and Xinhui Fund.

In a private room at the Xinhui Hotel, Li Fuzhao, chairman of the Far East Exchange, said: "Jianhui, you have been tossing the exchange for the past two months, and every time you adjust, there will be shocks in the stock market.

Fortunately, the only listed groups listed this time are Amoy University, Jiayi Film and Television, Jiayi Culture, and Hongyu Clothing. The drop may have fallen a bit, but it is still acceptable.

In addition, your Xinhui Fund has increased its holdings of shares in companies with high market capitalization such as Wheelock Holdings, Huangpu Holdings, Xinjian Bank, and Huihong Group, so that the stock prices of these companies have risen sharply. Overall, the results are not bad. "

"You have worked hard during this time and you are getting old. After this large-scale adjustment, in addition to some changes in the top management of the group, there will be no major changes in the equity, nor will it cause such large fluctuations."

Li Jianhui was also helpless to the reaction of the stock market. Although many people knew that Yuntao Holdings and Xingsha Holdings were his industries, this adjustment still made some people choose to sell their shares.

Li Fuzhao's invitation to the Xiangjiang members of the Donghua Association to dinner today was not because of the shock of the Far East stock market, but because of the Kowloon Exchange's announcement this morning.

Bao Yugang transferred all the shares of Kowloon Exchange, resigned from the board of directors of Kowloon Exchange, and no longer served as the chairman of the board of directors of Kowloon Exchange and the general manager of Kowloon Exchange, and his son-in-law Wu Guangzheng no longer served as the vice chairman of the board of directors and deputy general manager duty.

Starting today, the Kowloon Exchange has officially changed its name to the Hong Kong Island Exchange, and its exchange will also be relocated to the Sun Hung Kai Building in Central in September this year. By then, the three Hong Kong exchanges will all be located in Central.

While further consolidating the central financial center, the three major exchanges will truly compete on the same stage.

Feng Jingxi, the financial helm of the Sun Hung Consortium, serves as the chairman and general manager of the board of directors of the Hong Kong Island Exchange, and his second son Feng Yongxiang serves as the deputy chairman and deputy general manager of the board of directors.

The Hong Kong Island Exchange Index will also be calculated and provided by Sun Hung Kai Bank, and will be renamed to the Sun Hung Index. In the future, the three major indexes of the Hong Kong stock market will be Hang Seng, East Asia and Sun Hung.

At present, the Hong Kong Stock Exchange with the largest daily trading volume is the Hong Kong Stock Exchange, and the Far East Exchange has the largest total market value of listed companies. comparable.

"I wasn't too worried about Chartered King taking the helm of the exchange before, after all, he was not from the financial industry and didn't have much experience in this area.

But now that Feng Jingxi is in charge, I am afraid that the Sun Hung Exchange will usher in an explosion in a short time. You must know that Sun Hung Kai Securities has always been a strategic partner with Merrill Lynch and BNP Paribas. Although it may not threaten our Far East Exchange in the short term, it must not without our attention.

I invite everyone to come today, and I hope that you can introduce a group of potential companies to the Far East Exchange to list, and at the same time, I also hope that various securities companies can become active during this period of time, so that those shareholders can see the benefits and win more shareholders. Choose from our Far East Exchange. "

As the chairman of the Far East Exchange, Li Fuzhao knows very well what attracts investors the most, and this requires the cooperation of securities companies such as East Asia and Xinjian.

The reason why the Far East Exchange can now become the exchange with the largest market value of listed companies in Xiangjiang is mainly because the listed companies on the Far East Exchange have developed very well in recent years, especially when the property market and shipping in Xiangjiang are at a low point. The quarterly profit of Huahui Enterprises is still growing rapidly. While pushing up its own market value, it also allows more investment institutions and retail investors to choose Far East Exchange.

"Since the second uncle said so, I have to support it anyway. I will contact Cosway and Hsinchu Technology Group, as well as Xiangjiang's Phoenix Group, to have it listed on the Far East Exchange in the near future.

As for Donghua Communication, it has just started, and its entry into the market is still relatively limited, and we will wait until next year. "

Li Jianhui listed these three companies for the better development of these companies, especially the Phoenix Group, whose operating system is currently the official operating system designated by Xiangjiang, Taiwan, Malaysia, Singapore, and Thailand.

If you want to continue to develop a broader market, it is very difficult not to go public, and an opaque one can get stuck.

As for Cosway's development is mature after all, and it needs to expand on a large scale, it is also a good choice to let it go public in Xiangjiang.

As for the listing of Hsinchu Technology Group, the most important thing is that the group lacks funds for development. Over there, Lanfeng Holdings, Hsinchu Bank, the Gu family, and the Lin family are jointly controlled.

It is also difficult for the East China Association now. Except for the Xinjian Department, the companies that can be listed have basically been listed. If they want to increase their strength for the Far East Exchange, except for Li Jianhui, they can only attract external companies to come to the market through their relationships.

As for the cooperation of the securities company, there is naturally no problem with those present, and they can still make a few monster stocks by taking advantage of the situation.

At the same time, in order to consolidate the position of the Far East Exchange, Li Jianhui also brought out the bear and bull certificate systems of the Hongkong Exchange in his previous life.

This is a product derived from the exchange, which has nothing to do with the exchange itself, and is operated by securities firms.

The Far East Exchange is not qualified for futures trading. Li Jianhui uses this model to play around the edges. The only question now is whether the Hong Kong Monetary Authority will approve it.

Many financial elites present at the scene are naturally aware of the benefits of this system to their securities companies, and they all speak out in favor of this plan, and will try their best to promote its implementation.

Li Fuzhao also supports it. Although this is mainly beneficial to securities companies and has little to do with the exchange itself on the surface, it is also very beneficial to the Far East Exchange.

This is completely futures in disguise, except that the exchange is used as a platform to become a securities dealer.

"Jianhui, I will communicate with the Financial Administration in the afternoon, I believe those people are also aware of the benefits of implementing this plan, and will not get stuck with us.

However, this business is obviously not exclusive to our Far East Exchange, and Hong Kong Stock Exchange and Sun Hung Exchange will definitely follow suit. "

Feng Jingyao responded with a smile: "Fuzhao, this plan is mainly aimed at listed companies, and our Far East Exchange is the exchange with the highest total market value of listed companies in Hong Kong, and the capital that will enter will inevitably be the most at that time, and we will get benefits will be greatest.

If the other two major exchanges want to learn, let them learn well. As long as our exchange continuously introduces high-quality companies to come to the market, those two companies will not even think about challenging us in terms of the total market value of listed companies. "

And one big advantage today is that after Xinhonghui takes the helm of Xinhong Exchange, the other party will no longer have an advantage over the mainland. At that time, each will rely on his own ability. Listed first choice.

(End of this chapter)

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