Video Game Empire

After changing its identity, the Asian Economic Research Institute first made a name for itself in Hong Kong because of its accurate prediction of the Hong Kong dollar crisis in 1983. And its latest remarkable achievement was the accurate prediction of this wave of rapid appreciation of the yen before the signing of the "Plaza Accord" at the end of September last year.

This has given it its popularity and influence, and it has even begun to spread to other Asian regions outside of Hong Kong. And once a research institution has established a good social credibility, then it can play a very huge role.

For example, the research report on the preparation of the Tin Shui Wai Electronic Industrial Park that was finally submitted to the Hong Kong government by the special strategy committee led by Mr. Zhong Siyuan was actually entrusted to the Asian Economic Research Institute. Anyone with a discerning eye knows that the conclusions of this report are by no means unintended by the Eastern Group.

Because although the Asian Economic Research Institute has changed its name, it seems that it has no connection with the Oriental Group, but its main source of funding is still the Oriental Group. The total revenue of the Asian Economic Research Institute last year was 40 million Hong Kong dollars.

Among them, the Hong Kong government has subsidized 5 million Hong Kong dollars as the funds for the Asian Economic Research Institute's research on major economic topics in Hong Kong. Dongfang Group donated 10 million Hong Kong dollars free of charge, and also provided 20 million cooperative research funds for research on the designated topics of Dongfang Group.

Only rich people have the foundation for various investigations and researches, so there is no doubt about the influence of God of Fortune on the Asian Economic Research Institute. But in the eyes of the public, the highest authority of the Asian Economic Research Institute is the board of directors.

The seven directors of the board of directors are all invited to be worthy and respectable people from Hong Kong, and the Oriental Company only has Han Peng, the president of the group, occupying one of them.

As for another important institution of the research institute, the academic committee responsible for the deliberation of various research topics is composed of academic leaders from various universities in Hong Kong, and has nothing to do with the Oriental Group.

After such a package. The public is naturally willing to trust the credibility of the Asian Economic Research Institute. Although the Oriental Group donated a lot of money from it, except for those designated projects involving the Oriental Group itself, the rest of the funds are not allocated by the Oriental Group.

With sufficient funds on hand, the Asian Economic Research Institute will naturally carry out a series of research projects. For example, according to the practice of the past few years, the Institute will release a full-year report and a half-year report on the Hong Kong stock market in early April and early October each year.

Hong Kong's fiscal year is from April 1 to March 31 of the following year. Therefore, most listed companies will release half-year financial reports in October. The crisis that Landmark encountered during this period actually has a lot to do with the Asian Economic Research Institute!

At the beginning of October last year, the Asian Economic Research Institute published the latest half-year analysis report on the Hong Kong stock market. When commenting on various major sectors of the Hong Kong stock market, China Landmark has unfortunately become a negative example of the real estate sector. Although Hong Kong's real estate industry has recovered since last year, Landmark is still making up for the big hole left in previous years, so its profitability is far lower than its peers in the industry.

Therefore, in the Hong Kong stock research report released by the Asian Economic Research Institute, it is natural to give a negative review to Landmark. But what I didn't expect was that in the semi-annual financial report released by Landmark itself, the data was actually much worse than the previous forecast by the Asian Economic Research Institute.

The company's performance was lower than expected, which is by no means good news. Reflected on the stock price, it is naturally a tragic plunge! What makes Hongkong Land even more uncomfortable is that the forecast data of Landmark by the Asia Research Institute was quickly quoted by many media, and experts were invited to analyze it. The real reason behind the lower than expected data of Landmark is what!

Of course, Landmark could also question the inaccuracy of the Asia Institute's analysis. However, there are many listed companies in Hong Kong that have carried out various frauds because of their interests. In contrast, the public is naturally more willing to trust non-profit institutions like the Asian Economic Research Institute.

The Asian Economic Research Institute has always paid close attention to the Hong Kong capital market. Various research reports are published from time to time. Investors like Liu Ruanxiong generally attach great importance to the professional analysis of the Asian Economic Research Institute. It has always been an important reference for them to grasp the market.

But Liu Ruanxiong now sees the scene of Huo Qiuhang and Li Xuan chatting happily, and he will no longer believe that in the previous Hong Kong stock analysis report of the Asian Economic Research Institute, all kinds of data related to Landmark are really completely objective. .

The report only needs to adjust the relevant data slightly higher, and the market can have higher expectations for the performance of the land company. And once the performance of Landmark is lower than public expectations, what awaits them is the general bearishness of the market! "God of Fortune Li" has actually prepared a big net for the Jardine Group, and is now tightening the net step by step. So that the big fish of Landmark can be caught.

"Liu Sheng, your aggressive buying of Landmark stocks before the market closed yesterday surprised us. We thought it was discovered by Keswick and others!" Li Xuan said to Liu, who was separated from him by a seat. Ruan Xiong said with a smile.

"Haha!" Liu Ruanxiong smiled awkwardly.

He finally understood the reason why Li Xuan called himself in the morning. It turned out that he had sabotaged other people's plans. At this moment, I couldn't help but feel a little apprehensive. Fortunately, Li Xuan didn't plan to invite his teacher to ask for guilt, but instead praised his precise vision.

At this moment, two more people entered the box, and Liu Ruanxiong recognized them as Li Xuan's eldest brother Li Ke and Xu Jiankui from the Xu family. Xu Jiankui has been with Li Xuan in the past few years, and he has benefited a lot from various investments. He has gradually washed away his previous reputation as a swinger, and has become the backbone of the third generation of the Xu family.

Today's dinner, the host is not Li Xuan, but his eldest brother Li Ke. Starlight Co., Ltd. under his name is going to be listed to make money, and will entrust Asia Securities as the underwriter of the stock listing.

The listing of Xingguang Electronics is naturally a big event for Li Ke. As long as the company can be successfully listed, his worth will definitely skyrocket immediately. For Asia Securities, this is the second large order received by the company following the acquisition of the Land Group by Heung Kong Holdings, and it is naturally very important.

Although Asia Securities is a newcomer to Hong Kong's securities industry, its ambitions are not small at all. At the beginning of the company's establishment, in accordance with the relevant provisions of the "Securities Regulations" on brokerage licenses, it successfully applied for four types of licenses, including the first, fourth, sixth and eighth types of licenses, which can provide securities retail brokerage. Comprehensive financial services including business, investment banking, and asset management.

Don't look at the hundreds of licensed brokers in the Hong Kong stock market. But most operate a single securities brokerage business, buying and selling stocks on behalf of clients and taking a percentage of each transaction as a commission.

In contrast, the investment banking business has a much higher threshold for securities companies to enter. The so-called investment banking business refers to the provision of business services such as stock underwriting, mergers and acquisitions and financing for enterprises.

The investment banking business is naturally more profitable than the securities brokerage business. For example, Asia Securities assisted Heung Kong Holdings in its acquisition of the Landmark Group. Asia Securities was able to receive over HK$100 million in advisory fees from Heung Kong Holdings. And most securities companies in Hong Kong can't achieve this figure for one year's revenue.

It’s just that this kind of pie in the sky can’t happen often. The reason why Heung Kong Holdings chose the little-known Asian Securities as the consultant company for this merger is mainly because the planning of this action came from Asia. The hands of Zhuang Yuhai, chairman of the securities company.

The main investor of Asia Securities Company is Li Xuan. The reason why he chose Zhuang Yuhai to serve as the chairman of the company is to use this acquisition of Landmark to make Asia Securities more famous. Because Zhuang Yuhai, as the planner and person in charge of this acquisition, is bound to come to the forefront. So Li Xuan simply drained all his value.

In fact, after the completion of this merger, Zhuang Yuhai's work will still focus on the lh investment fund. Counting the gains from betting on the yen not long ago, the total assets of the lh investment fund have ballooned to $2.5 billion. Moreover, the status of the lh fund in Liwei's future asset composition will continue to rise. Li Xuan must find someone who is capable and trustworthy to take care of it.

Of course, Li Xuan also attaches great importance to the newly established Asian securities company, which is an important part of his entire financial layout. With the deepening of China's reform and opening up, Hong Kong's status in the global financial market will increase rapidly.

at the same time. British-funded securities companies, which occupy a mainstream position in the Hong Kong securities market, are in the context of the approaching deadline of 1997. Influence has begun to decline. The international investment bank predators have only just begun to enter the Hong Kong market, and they have not yet had time to really expand their influence. As for the mainland securities companies that occupy half of the Hong Kong securities market in later generations, they have not even been born yet.

Therefore, at this time, it is the best opportunity for Li Xuan to rapidly expand his influence in the entire Hong Kong securities capital market. After last year's adjustment, the Hong Kong stock market has gradually emerged from the shadows of previous years. It is likely to usher in a round of outbreaks.

And the integration of the four conferences is just around the corner. When the Hong Kong Stock Exchange officially starts operations, the barriers to the flow of funds originally scattered in the four exchanges will be broken, and the activity of capital will be higher. Many companies already have The plan to ride a bull to go public this year.

Previously, the first batch of innovative companies were cultivated by Oriental Incubation Park and venture capital. After three or four years of growth and market screening, it has gradually reached the stage where it can be listed. Most of these companies have Dongfang Incubation Park and Dongfang Venture Capital, which have invested in shares at various stages. Asia Securities can take advantage of this incense and gain some opportunities in future business competition.

However, it needs to be **** its own. If Asia Securities wants to obtain listing and underwriting opportunities for these new companies, it will ultimately need to show its strength to clients. And Xingguang Electronics under Li Ke's name is the first touchstone for Asian securities companies to accumulate strength.

It is impossible for Zhuang Yuhai to focus on Asia Securities, so Li Xuan must find someone who can hold back the situation. In fact, the CEO of Asia Securities was Zhan Peizong, who was known as the "Golden Bookmaker" in the Hong Kong stock market a few years ago.

As early as the early 1970s, Zhan Peizong had already been a market member in the Far East Exchange, and he knew all kinds of things about Hong Kong stocks very well. In the era of no computer automated trading system, every transaction of the customer needs these red vest marketers to manually match.

In fact, there are many tricks in the early securities market in Hong Kong. For example, marketers can rely on the advantage of well-informed and use a series of means such as advance trading, rat warehouses, and insurance to make profits for themselves. Zhan Peizong’s first bucket actually came like this. of!

Of course, Li Xuan is interested in Zhan Peizong not only because of his ability to play a series of manipulations of the Hong Kong stock market, but also because he has a close relationship with Li Fuzhao, who will be the first chairman of the Hong Kong Stock Exchange.

The Far East Exchange, founded by Li Fuzhao, is far ahead of the other three exchanges in terms of average daily transaction value. Moreover, he has won the support of almost all Chinese-funded brokerages, and he is destined to fully control the combined exchange.

In fact, it is precisely because Li Fuzhao firmly controlled the Hong Kong Stock Exchange, which prevented British and international capital from making profits through the Hong Kong stock market. Therefore, the power of these capitals eventually took him to prison. But before Li Fuzhao's downfall, Asian Securities, relying on Zhan Peizong's good relationship with him, could gain an excellent room for growth.

After Zhan Peizong returned to Hong Kong from Canada at the end of last year, he was introduced to Li Xuan by Xu Jiankui. In the early days of Zhan Peizong's career, there was a nobleman named Huang Chuangbao. He and his younger brother Huang Chuangguang respectively operated two strong teams in the Hong Kong Football League, Bulova and Seiko.

Xu Jiankui is a real fan. When he persuaded Li Xuan to buy the Hong Kong Oriental Football Team, the two Huang brothers happened to be there. As a result, Li Xuan, a pseudo-fan who bought the Dongfang team, let go of it and left all the management power to Xu Jiankui. In the past few years, his boss has really not seen a few games at the home court of the Orient.

In 1975 ~www.readwn.com~ received investment from Huang Chuangbao and founded a securities company. At that time, the Hong Kong stock market was very flat, and Zhan Peizong even helped Huang Chuangbao manage the Bulova team, so he knew Xu Jiankui long ago. And Xu Jiankui immediately thought of Zhan Peizong who had just returned to Hong Kong after learning that Li Xuan intended to build a securities company, so he recommended it to Li Xuan.

In addition to Zhan Peizong, Li Xuan also accidentally brought another great man to the Asian Securities Network.

After Liang Botao returned to China after his studies in Canada, he joined HSBC's Dolly Company and quickly showed his prominence. According to the original trajectory, he should have jumped to the newly established investment banking department of Citibank in Hong Kong at the end of last year, and then met his future business partner Du Huilian there.

Both later resigned from Vortex and co-founded Peregrine. This company was the most famous securities company in Hong Kong in the 1990s. It started the wave of mainland enterprises going to Hong Kong for red-chip listing in the 1990s!

However, Liang Boxao was unexpectedly recommended to Li Xuan by the headhunting company, and Li Xuan was not stingy. He not only gave the position of vice president of Asia Securities, but also generously gave 5% of the shares of the new company. You must know that the registered capital of Asia Securities is as high as 60 million Hong Kong dollars, which means that Li Xuan directly gave a bonus of 3 million. (To be continued...)