The Wealth Empire Crossing the Hong Kong

Chapter 627 The Heart of Expansion
The facts did not exceed the expectations of Li Jianhui and Huihong's executives. Before the market closed that morning, HSBC regained the top spot in Xiangjiang with a market value of 2158 billion.

Soon after, Lane Crawford also surpassed Huihong Group with a market value of 2136 billion, closely following HSBC, and temporarily ranked second among listed companies in Hong Kong.

As the once No. 2185 Huihong Group, after the release of the annual financial statement, as of the market close in the morning, the market value not only did not rise, but fell from 2073 billion to 5 billion, a plunge of more than [-]%.

Fortunately, he was prepared in his heart, and Li Jianhui also did ideological work for Huihong Group. Although the stock market plummeted and public opinion began to speak badly, the senior management of Huihong Group seemed quite calm.

Last year, there was a big bull market for one year, and this year has made a good start. There are three companies whose market value has exceeded [-] billion Hong Kong dollars, and there are more than ten companies with a market value of more than [-] billion Hong Kong dollars. It doesn't have much presence anymore.

Back when Li Jianhui first appeared in the public eye, there were only three listed companies in Heung Kong whose market capitalization exceeded HK$[-] billion, HSBC, Standard Chartered, and CLP Power.

Moreover, the market value of HSBC is only about 2100 billion Hong Kong dollars. In just six years, it has reached more than 400 billion Hong Kong dollars, an increase of more than [-]%.

This is not bad for HSBC. Many listed companies have even exaggerated their gains. The current stock market is in a state of madness.

And it's not just the Hong Kong stock market that is so crazy, but the Japanese stock market, Formosa stock market, Sin Chew stock market, South Korean stock market, and Western European stock market are all crazy. Even the U.S. stock market, which is under great pressure in its internal economy, is also in a big bull market.

Li Jianhui doesn't know how long this bull market can last. Taking advantage of the profits of major companies in the Xinjian Department last year, it is expected that 500 billion Hong Kong dollars will be handed over to him, and he is planning to expand his business.

Although the major companies made a lot of profits last year, Li Jianhui didn't draw much. The main thing was to allow the companies to continue to expand. This time, major banks and securities investment companies mainly turned in funds.

Last year, in the foreign exchange market and the stock market, both banks and securities investment companies made quite good profits, especially in the long yen and the Tokyo stock market.

Despite the fact that the Hong Kong dollar rose against the U.S. dollar last year, it was not bad, but it was nothing compared to the Japanese yen. Last year, the rise of the Tokyo stock market also led the world's major stock markets.

Although Xiangjiang is well-known, in this period, it is Tokyo, not Xiangjiang, that can really compete with New York and London. No matter in terms of economy or stock market finance, Xiangjiang can only rank second in Asia.

Xinhui Infrastructure Investment Company allocated [-] billion Hong Kong dollars, which is mainly used for this year's investment. This part of the money will be handled by Xinjian Securities Investment Company for short-term operations to prevent the money from eating interest on its account.

The remaining [-] billion, of which [-] billion Hong Kong dollars will be prepared for the Huangpu Shipping Group. At that time, the group will raise funds to issue additional funds so that it has enough funds to build ports and shipyards.

In addition, [-] billion was allocated to Xiangjiang Airlines Group to establish a joint venture aircraft maintenance company with many airports in the north, which also required a lot of funds.

Although Xiangjiang Airlines can borrow from several major banks, Li Jianhui does not want its debt ratio to be too high. This time, it is just a matter of some more funds to replenish the blood of this group.

A very important reason why Li Jianhui is not afraid of the stock market crash is that the debt ratio of the companies under the Xinjian Group is not high, and some companies even have no loans at all, such as Huihong Group, Lane Crawford and other companies.

One of the reasons for the high profitability of these enterprises is that they do not have loans, so they do not need to work for banks, and their profits are naturally much higher than those of their peers, and they do not worry about the sudden collapse of the capital chain.

American capital has been unable to take over Xinjian companies many times. One reason is that the capital chain of Xinjian is quite safe, and Li Jianhui basically holds an absolute controlling stake.

In addition, Li Jianhui also gave [-] billion Hong Kong dollars to Xinjian Education Group, [-] billion Hong Kong dollars to Xinjian Medical Group, [-] billion Hong Kong dollars to Xinjian Charity Foundation, and [-] billion Hong Kong dollars to the Political and Economic Research Office.

What he can really use is only 240 billion Hong Kong dollars, and Li Jianhui is getting more and more speechless. A few years ago, this could cause huge waves, but now it is estimated that it is only a wave.

This is to say that money is worthless, and the Hong Kong dollar has appreciated a lot against the US dollar.

However, it is true that Hong Kong dollars have been printed more in recent years, otherwise the stock market would not be so crazy.

Fortunately, the Hong Kong dollar is guaranteed by sufficient foreign exchange and gold, and the value of foreign exchange and gold in the exchange fund is definitely more than the Hong Kong dollar at the current exchange rate, which makes the Hong Kong dollar not only appreciate but not depreciate.

It is worth noting that although there are a lot of printings, most of them are held in the stock market, and there is not much flow into the market, so the prices in Xiangjiang are still stable.

Moreover, it is quite easy for Hong Kong to balance. The amount of foreign exchange outflowed by the Exchange Fund can be recovered as much as Hong Kong dollars. In this respect, many currencies cannot compare with it.

After some calculations, although the available funds are less than half, Li Jianhui's desire to expand has not diminished.

Although Li Jianhui is a guy who likes to make quick money, he is still very interested in some technology research and development industries.

Although finance and real estate have made money, Li Jianhui has no intention of investing more than [-] billion yuan in it this time.

After thinking about the industrial layout of the Xinjian Department and even the Donghuahui, Li Jianhui focused on the battery.

Hua Hong Group will gradually abandon the mobile phone battery business, and Li Jianhui will take over the newly established Blue Chip Company. The main business of this company is battery research and development and production, not only mobile phone batteries, but also batteries for some electronic products.

Li Jianhui plans to provide five billion Hong Kong dollars for its development, hoping that this company can become a major supplier of mobile phone batteries in the world.

Moreover, Li Jianhui also knows that electric vehicles will be all the rage in the future, and Blue Core is bound to take a share of it.

Su Jiangting, who was Li Jianhui's temporary assistant, was speechless when she heard that Li Jianhui planned to establish a new independent company and invest five billion Hong Kong dollars.

At the same time, I also lamented that Chen Xinyi's life is good. Although their children can inherit a rich family property, they are far behind Chen Xinyi.

And the most important thing is that Li Jianhui is still increasing his investment in Greater China, and many new corporate headquarters are also located in Xiangjiang, which will only cause the gap between them and Chen Xinyi to become wider and wider.

It's just that they can't have an opinion on this matter. In Xinjian Li's house, it's completely Li Jianhui's opinion.

So far, Li Jianhui controls all the shares of the Xinjian family belonging to Xinjian Li's family. If anyone makes Li Jianhui unhappy, the children will not be able to inherit any property in the end.

However, Su Jiangting is different from vases like Chen Yulian and Guan Jiahui, and she can still express her opinions on some things.

For example, this new company, although it cannot change the location of its headquarters, can make some suggestions on ownership and personnel.

"Jianhui, because you have positioned this company as a [-]th-level independent company, so I suggest Tiao Le Yi Ling to be the president.

You also know that Le Yiling is not yet 25 years old, and I will be by your side as an assistant in a short period of time, and I will be able to manage affairs in the secret office. It would be a waste of her talent to continue to serve as the acting director of the secret office. "

Li Jianhui thought for a while, and felt that Le Yiling was indeed a more suitable candidate at present, so he asked Su Jiangting to communicate with Le Yiling to see if he would be willing to be the president of Bluechip Battery Company.

(End of this chapter)