Video Game Empire

At the end of 1984, although Li Xuan was not in Hong Kong, Hong Kong still has many legends about him. In early December, Jiahua Bank, the third largest bank in Hong Kong after HSBC and Standard Chartered, was successfully listed on the Far East Exchange.

Li Xuan actually planned to list Jiahua Bank for a long time. For commercial banks, becoming a public company that is subject to external supervision is more conducive to enhancing their credibility. But the timing has been bad before. Li Xuan only acquired Jiahua Bank in the second half of 1981. Before he could take full control of Jiahua, the Hong Kong stock market was already earlier than the Hong Kong property market, and it began to fall in early 1982.

After that, the property market crash triggered by the future crisis in Hong Kong began to spread to the financial industry. Jiahua Bank took the opportunity to take over Hengrong Bank, which almost faced liquidation, at a low price of HK$1.8. In 1983, the Hong Kong dollar crisis caused heavy losses to the entire Hong Kong banking industry. However, due to the planning in advance of Jiahua Bank, not only was it unscathed, but it took the opportunity to further launch its own brand.

However, the Hong Kong stock market has been very sluggish in the past two years, and it is not a good time to go public. By the end of 1984, the issue of Hong Kong's return had been settled, and Hong Kong's economy had quickly regained its vitality due to the recovery of the US economy. After more than two years of slump, the Hong Kong stock market has finally begun to turn bears into bulls.

After Li Xuan took over the Jiahua Bank, after three consecutive years of expansion, the total number of branches reached 69, and the total deposits exceeded 20 billion Hong Kong dollars. The bank's total assets are as high as 27.7 billion, and the pre-tax profit in 1984 is estimated to reach 400 million Hong Kong dollars, which has far left the fourth-ranked Hang Seng Bank behind.

Supported by such dazzling performance. The asset valuation of Jiahua Bank directly reached 3 billion Hong Kong dollars. The company's management finally decided to issue 50 million shares to the public at a price of 20 Hong Kong dollars per share. Accounting for 25% of the total share capital, the total amount of funds raised is as high as 1 billion Hong Kong dollars. This is the Hong Kong stock market in recent years. The largest operation ever.

As a result, on the day that Jiahua Bank was listed on the stock market, the company's stock price rushed to HK$48. The total market value of Jiahua Bank once reached 9.6 billion Hong Kong dollars, and it almost touched the threshold of 10 billion. Although Jiahua's share price began to pull back continuously in the next few days, it has remained stable at around HK$35 per share.

This also makes Li Xuan have another large company with a market value of 7 billion Hong Kong dollars. And Li Xuan's stake in Jiahua Bank accounted for 60%, which made his assets increase by another 4 billion Hong Kong dollars overnight.

What is the concept of 4 billion Hong Kong dollars? Like the Xu Aizhou family, the ship king who is one of the four oldest Chinese families in Hong Kong, two or three generations have worked hard for more than half a century, and the wealth they have saved is only four or five billion Hong Kong dollars!

"Why do I feel that many people look at me strangely!" Li Xuan held a glass of brandy. To Xu Jiankui who came forward, he said quite depressingly.

"Li Sheng, although the media in Hong Kong used to call you the reincarnation of the God of Wealth, but to be honest, my feelings are not deep enough, but this time I really admire the five-body! , also get a touch of wealth!" Xu Jiankui said with a smile.

Before, the news that Li Xuan's assets exceeded 100 billion Hong Kong dollars had long been badly promoted by major media in Hong Kong, and everyone also had aesthetic fatigue. The number 100 billion sounds exaggerated, and everyone knows it. But for most people there is no real experience.

The recent listing of Jia Hua Bank has given Hong Kong citizens a real immersive experience of the "God of Wealth Li"'s effort to turn stone into gold! For example, an article of gossip in the "Oriental Daily" reported that an uncle who lives in Mong Kok resolutely took all pension funds. All of them went out to subscribe for Jiahua Bank's shares, and he was very lucky to subscribe to 5,000 shares.

The uncle even threw away his stock when the stock price rose to 45 Hong Kong dollars. As a result, he made a net profit of 125,000 Hong Kong dollars in one day. Such wealth is staged among many Hong Kong investors. All the citizens who subscribed for new shares, even if they failed to sell when the stock price reached the highest point of 48 Hong Kong dollars. Although the current stock price has dropped to HK$35, it can still have a return on investment of up to 75%!

Compared with Li Xuan's ability to make money. Investors who subscribe for new shares can only be considered petty. According to the analysis of Hong Kong's Hong Kong Economic Journal, Li Xuan has invested about 1 billion Hong Kong dollars in the past three years from the initial acquisition of Jiahua Bank to the present.

But he now holds 60% of the shares of listed companies with a market value of HK$4 billion, which means the return on investment in just three years is as high as 300%. This is the difference between "God of Wealth Li" and ordinary people!

Before the Lunar New Year's Eve, another company under Li Xuan's name will be listed on the Hong Kong stock market. In fact, Asian Entertainment Holdings had planned to complete the listing before New Year's Day. However, due to the overwhelming response from the capital market after Jiahua Bank went public, Jiahua's stock was over-hyped.

Therefore, in order to calm the market down and return to rationality, Asia Entertainment's listing plan had to move backwards. This push has been around for nearly two months, and on the night before the official listing of Asia Entertainment Holdings, the company specially held a reception!

The reason why the reception was held before the listing, rather than holding a celebration feast after the successful listing tomorrow, is also to reduce the impact and minimize the frenzy atmosphere of the market.

But from the look in the eyes of everyone looking at Li Xuan tonight, it actually shows that Asia Entertainment Holdings's hard work has not played any role.

The concept of "God of Wealth Li" is too delusional. From the European capital market to the US capital market, and back to the Hong Kong capital market, Li Xuan has never missed a beat. After the previous example of Jiahua Bank, the retail investors and investment managers in Hong Kong have reached a consensus more and more firmly, that is, follow the "God of Fortune Li" to eat meat!

Although Asia Entertainment has raised the issue price again from HK$15 per share to HK$20, and the number of new shares issued has also increased from 30 million shares to 40 million shares, it is still difficult to satisfy the surging enthusiasm of countless investors.

According to the data obtained by the Hong Kong Economic Journal, the amount of funds frozen in Hong Kong for subscribing for new shares of Asia Entertainment has exceeded 50 billion Hong Kong dollars. The winning rate has dropped to just 1.5%. Of course, the winning rate of this new stock is only 0.1% higher than that of a certain country in the future. There is still a big gap.

But you must know that the Hong Kong stock market has just come out of the quagmire, and it is very risky to subscribe for new shares. But the words "God of Wealth Li" instantly dispelled everyone's doubts. Just like the myth that new stocks in a certain country will only rise but not fall in later generations.

Subscribing for the stocks of "Fortune Li" is similar to picking up money, but whether you can actually pick up the money in the end depends on your own luck! And most people always think that their luck is still good.

Many people even took out the fixed deposits in the bank and put them into the stock market. The number of accounts opened by major securities companies has also ushered in a wave of peaks. It is said that the staff responsible for guiding the new shareholders to go through the formalities even shouted hoarse!

Because of this listing action of Asian Entertainment Company, even the Hong Kong banking industry has suffered a lot. Because it was frozen in the account of the securities company, the funds were as high as 50 billion Hong Kong dollars. More than 20 billion yuan has been lost from the major banks in Hong Kong in recent days.

In Hong Kong in 1984, the total deposits of the banking industry leader HSBC were just over 100 billion Hong Kong dollars, the second place Standard Chartered Bank's total deposits were only 45 billion Hong Kong dollars, and the third place Jiahua was only 20 billion Hong Kong dollars. The total market value of the entire Hong Kong stock market is only 150 billion Hong Kong dollars.

The frozen 50 billion Hong Kong dollars is equivalent to half of HSBC's deposits and one-third of the market value of the entire Hong Kong stock market! As a result, there was a sudden shortage of liquidity in Hong Kong's financial industry, and the interest rate for overnight dismantling between banks soared instantly. Even the high-level officials of the Hong Kong government were alerted, and they needed to hold a meeting overnight to discuss countermeasures!

The IPO of a company can cause such an uproar. It was enough for Li Xuan to be proud. But too much movement is obviously not a good thing. As soon as Li Xuan arrived in Hong Kong, he received a call from the Hong Kong Governor himself, expressing his concerns about the listing of Asia Entertainment.

And for Asia Entertainment. Too much attention will only make the company's stock excessively speculated, which can easily lead to a sharp rise and fall in the stock price. Li Xuan even secretly prepared a sum of money when the stock price plummeted and the capital stampede. Protect the disk urgently!

"Li Sheng, after tonight. I wonder how many millionaires you can make for Hong Kong?" Xu Jiankui asked with some gossip.

When he saw Li Xuan for the first time today. Unconsciously, there is a sense of awe. The two chatted and laughed for a few minutes before Xu Jiankui slowly regained the feeling of getting along before, and his tone was a little more casual and comfortable.

Xu Jiankui came from a proud family, and he has seen a lot of great things since childhood, and his relationship with Li Xuan has always been very close. Even when he saw Li Xuan again, he couldn't help but lose his sense of composure, let alone other people!

There are many guests who came to the reception tonight, including investment managers of various funds and trusts, many partners of Asia Entertainment Holdings, and many popular stars in Asia Entertainment! The attention of countless people quietly falls on Li Xuan's head from time to time, but very few people really make up their minds to come up and say hello, and most people can't help but feel ashamed!

"There are not 100 people, there are 70 or 80 people!" Li Xuan said casually.

This number may seem like a lot, but more than half of the places will be occupied by Dongfang Commercial Business, Dongfang Research Institute, Dongfang Games, ATV Group, etc., and several other companies that are not ready to go public.

The reason why Jiahua Bank and Asia Entertainment Holdings chose to list on the Hong Kong stock market at this time is not only to raise funds for their own further development, but also to release dividends to the employees of the group who work hard with Li Xuan.

"Now all Hong Kong people are envious of your company's employees. It is said that countless girls in Hong Kong can't catch you, the diamond king, and they have adjusted their direction to catch the bachelor in your company!" Xu Jiankui joked with a smile.

"I hear you say that our company has never been envied before. The Oriental Group has been the most popular company for job seekers in Hong Kong for several consecutive years, okay!" Li Xuan said with a natural look, " Of course, if this can help the employees of our company solve their personal marital problems, my boss is still very pleased!"

"Shouldn't you keep a low profile when others praise you?" Xu Jiankui said helplessly.

"Is this necessary? I wanted to keep a low profile, but this time it still caused such a big disturbance! If I had to rush back to Hong Kong for the Spring Festival, I would like to stay in the United States for a few more days and wait for Asia Entertainment to go public. Come back later!" Li Xuan shook his head and said.

The attention caused by the listing of Asian Entertainment is far greater than that of Jiahua Bank before, and its influence has even spread overseas. Because the minority shareholders of Asia Entertainment also include a star in the company. Hong Kong movies have a huge influence throughout East and Southeast Asia, so that many foreign entertainment media are also very concerned about the listing news of Asia Entertainment.

"Li Sheng, I would like to congratulate you in advance that Asia Entertainment's stock price will be Changhong tomorrow!" A man with gold-rimmed glasses and a gentle face came up to say hello.

"With your auspicious words from Wu Sheng, compared to Bao Sheng's large-scale work, I'm just making small troubles!" Li Xuan said humbly.

The other party's name is Wu Guanzheng, the second son-in-law of the ship king, Mr. Bao Yugang. Mr. Bao Yugang has only four daughters and no son. Therefore, several sons-in-law were trained by Bao Lao as sons, so that they could take over their own classes in the future.

Among them, Bao's eldest son-in-law is responsible for managing the shipping empire of the old ship king. After the vigorous sale in the past few years, the tonnage of Bao's ships is only half of its peak, but it is still one of the largest shipping companies in the world.

After Bao Lao abandoned the boat and landed, the Wharf Company, which was snatched from Jardine Matheson, was handed over to his second son-in-law, Wu Guanzheng! Recently, Bao Lao's movements in the Hong Kong stock market are no less than Li Xuanlai's.

The Madden family, one of the major shareholders of Wheelock, a veteran British-owned company in Hong Kong, recently sold their shares to Singapore's richest man, Qiu Deba. Bao Yugang immediately purchased a large number of shares from the Zhang Yushan family, another major shareholder of Wheelock, and launched a takeover war with the Qiu family!

According to Wheelock's current share price, the Qiu family and the Pao family, who want to acquire more than 50% of Wheelock's stock, need to spend at least 2 billion Hong Kong dollars. And just a few years ago, Bao Yu just used 2.1 billion Hong Kong dollars in cash to take the Wharf Company into his pocket.

"Li Sheng, you are joking~www.readwn.com~ Jiayue's strength is not even a fraction of that of the Oriental Group. This time, Xingzhou's Qiu Sheng is aggressive!" Wu Guanzheng said with a straight face.

"As the saying goes, a strong dragon does not overwhelm the local snakes. If Bao Lao needs to turn around in funds, although Jiahua Bank is far less powerful than HSBC, it is willing to provide some help within its capacity!" Li Xuan said with a smile.

Everyone in Hong Kong knows that Jiahua Bank is rich now. It not only has the third-highest total deposits in Hong Kong, but it also took away another 10 Hong Kong dollars through its stock listing. When Wu Guanzheng heard Li Xuan say this, his face also showed a bit of joy. Although the Bao family has a very close relationship with HSBC, in this kind of real money hand-to-hand combat, it is natural to get more support.

Li Xuan is very happy to sell this kind of favor, and he is not worried about Bao's ability to repay after borrowing money. Hong Kong's real estate industry will soon usher in a ten-year upswing. If it weren't for the fact that the earning power of these industries in his hands was even worse than building real estate, Li Xuan might not be able to resist taking a shot at Wheelock.

Li Xuan is now casually saying, no matter whether the Bao family has financing from Jiahua Bank next, they all need to accept his favor! And Li Xuan can also take this opportunity to deepen his relationship with the Bao family! (To be continued..)