The Wealth Empire Crossing the Hong Kong

Chapter 493
There was a lot of rhetoric at the summit, and the Xiangjiang stock market was also in constant turmoil due to the mid-year financial reports of major listed companies.

In particular, the performance of the East Asian Index and the Hang Seng Index exceeded the expectations of many stockholders.

I thought that the East Asian Index would be able to rise sharply with the release of the mid-year financial reports of blue-chip stocks, while the Hang Seng Index, due to the influence of the market in the past two years, would still be volatile.

The result was just the opposite. The Hang Seng Index rose by 15% on the 2.3th, and closed up 16% on the morning of the 3.6th due to the good news. The East Asian Index was volatile, with neither the expected surge nor a sharp drop.

The reason for this situation is that leading stocks Huihong Group, Lane Crawford, Watsons, IKEA Convenience Store, and Tesco Electric Appliance Chain's mid-year earnings report fell short of market expectations, causing the company's stock price to plummet.

However, the performance of real estate sectors such as Wheelock Land, Hutchison Land, and Chinese Land, as well as the performance of banking sectors such as Xinjian Bank and Bank of East Asia, have maintained their previous momentum, and some companies’ performance has far exceeded expectations, and their stock prices have also gained a lot. Lift.

In meeting room 203 of Wheelock Building, Li Jianhui specially held a high-level meeting of listed companies headquartered in Xiangjiang.

When talking about the situation in the stock market, Li Jianhui said: "Our Xinjian Department and Donghua Club have absolute controlling rights in your companies, and your companies have low debts, and some companies even have zero debts. There is no need to worry about falling stock prices.

The most important thing for you now is to lead your own companies to seize the market on a global scale, especially our retail companies, don't care about the profit, as long as you grab the market, you will naturally be able to earn it back in the future. "

With Li Jianhui's words, the heads of several major retail companies also let go of some anxiety in their hearts, and they also have the confidence to continue competing with major retail giants in multiple regions for the market.

They are not the only listed companies. Carrefour, Wal-Mart, Ito-Yokado, Lotte Supermarket, Seibu Supermarket, Sears, Kmart, etc. are also listed companies. I don’t know if the management of the other party still has such a relaxed mood.

The executives of Huihong Group sitting here feel the most wronged in their hearts. Huihong Group's performance has not met market expectations. This is not their management's responsibility at all. In the short term, it is difficult to have a greater growth in performance.

It's a pity that Li Jianhui didn't agree with Huihong Group's expansion at all. Even if they wanted to enter the real estate industry through directly-operated stores, Li Jianhui vetoed it.

This has led to a large gap between Xinjian's mid-year financial report and the expectations of shareholders, especially the second quarter financial report. Compared with last year, not only did it not increase, but it also declined.

Although Huihong Group's semi-annual profit is still the highest among listed companies in Hong Kong, whether it is HSBC, Lane Crawford, Wheelock Land and other leading companies, their profits are far behind Huihong, but the decline in profits is a fact. The performance reflects that Huihong Group is no longer a safe haven for Hongkong shareholders.

Taking advantage of this sharp drop in the stock price, Toru Iwatani, president of Huihong Group, said: "Li Sheng, at present, the development of our Huihong Group's existing business has basically reached its peak. If we do not develop new profit points, I am afraid that our stock price will continue to decline. .

After discussion by the senior management of our group, we withheld part of the funds and did not use them as dividends. Instead, we set up Huihong Investment Fund, established the Heung Kong Science and Technology Innovation Base in Shatian, and supported the settled R&D team and enterprise development through equity financing. "

Huihong Group is no better than many companies. Not to mention that this company has no debts, and its profits are also high.

If it weren't for Li Jianhui's constant pressure, I'm afraid Huihong Group has become a comprehensive industrial group long ago, and its strength can even suppress the three major consortiums of Xianghua, Xinhong, and Xinya.

It's just that Li Jianhui's industrial layout is relatively complete, and there are many investment companies. There is no need for Huihong Group to establish another such enterprise.

Moreover, Li Jianhui himself does not pursue the market value of the listed companies under his control. He cares more about the money that falls into his hands.

"I know the situation of Huihong Group. In terms of performance, I will not blame the management, but you still have to focus on game development, and at the same time, you must do a good job of comforting the employees of the group, so that they do not lose their enterprising spirit.

At the same time, the group will increase the development of the three major markets in Central and Eastern Europe, Latin America and South Asia, adding new profit points for the group. I will also ask the internal coordination office to assist you.

The level of market value is not the basis for determining your status in the Xinjian Department, and you should not create burdens in your hearts.

And I have a clear plan for the development of Huihong Group in my heart. You have settled down in the past few years, and when the time comes, Huihong Group will definitely be able to soar into the sky. "

Although Toru Iwatani and other high-level executives were quite disappointed, they still responded that they would do a good job in the hearts of employees, and at the same time develop games that are more popular with game fans.

As for the market value issue, they don't think about it for the time being. Li Jianhui has already made a plan. It is good that they can keep Huihong Group's current market value in the past few years.

"Li Sheng, because of the trading model of our Huangpu Trading Group, we are not very popular with investors and investment institutions on our Huangpu Holding Group, and because the Huangpu Trading Group involves too much.

I propose to change the name of Huangpu Trading Group, and at the same time, the fund directly owned by Li Sheng will not be under the jurisdiction of Huangpu Holdings.

In the follow-up transactions, the transactions between the trading group and the Xinjian Department and even the major enterprises of the Donghuahui will also be carried out in a normal end, and the accounts can be withdrawn as they want, so as to avoid implicating major listed companies in the event of future problems. "

Li Jianhui agreed with New Biggin's proposal after thinking about it for a while. At first, he just hoped that Liu Xiaoyan, as the president of Huangpu Holdings Group, would let Huangpu Trading Group belong to Huangpu Holdings, so that it would be convenient for Liu Xiaoyan to manage. Huang Guangxing did not make any changes in the past. Now he wants to Think, something is not right.

"I will communicate with Huang Guangxing after the meeting, and you should also contact him to properly handle the transfer of Huangpu Trading Group's equity.

As for the new name of the trading group, it will be named after the Aodong Trading Group, and its headquarters is still located in Vienna, the capital of Austria.

Jocel Lawrence resigned from the position of vice president of the board of directors of Huangpu Holdings, and became the president of Aodong Trading Group, and continued to assist Huang Guangxing in handling the affairs of the Xinjian Department in Central and Eastern Europe. "

Niu Bijian heard that he felt that he could not lose money by stealing chickens. He thought that after the trading group was spun off, Huang Guangxing would be the president of this group, so the chances of Huang Guangxing coming back to take charge of Huangpu Holdings in the future were almost zero.

Unexpectedly, Li Jianhui would make such an arrangement. Niubijian also knew a little about Yosel Lawrence. Before he was transferred to Vienna to become the vice president of Huangpu Holdings, he had been the president of Lanfeng Film and Television Media Group, a subsidiary of Lanfeng Holdings Group.

Originally, Lawrence could only be Huang Guangxing's assistant in Vienna for a short period of time, but he did not expect that he would allow him to control a group again, and the status of this group in the Xinjian Department was far higher than that of the group he was at the helm. to be tall.

You must know that the president of this group is completely a reserve member of the Xinjian Department's head of Central and Eastern European affairs, and he might directly join the Xinjian Department's executive team at some point.

(End of this chapter)