It can be said that the decoupling of the Hong Kong dollar from the British pound is the common wish of all parties. Whether the British capital represents the four major foreign banks or the Xia capital represents the major families, they all urgently hope that the Hong Kong dollar will decouple from the pound.
The four traditional British-owned foreign companies monopolize all aspects of business in Hong Kong Island. For their own interests, of course they do not want the Hong Kong dollar to continue to be pegged to the pound, because every additional minute of peg they will lose a lot of money, so they
There is also an urgent need to decouple the Hong Kong dollar from the British pound.
Even the four major foreign banks with British capital are like this. Of course, the local Xia capital forces do not want to be linked to John Bull. Everyone uses the currency as the mainstream currency for import and export. Even the Japanese currency is much stronger than the British pound. They have long ago
Expect to be directly linked to Daole.
At the same time, the economy of Hong Kong Island has been developing rapidly in recent years. The peg between the Hong Kong dollar and the British pound has also seriously restricted the development of Hong Kong Island. The Hong Kong government is eager to link it to Dao Le as soon as possible. In the end, under the influence of all forces on Hong Kong Island
After working together, everyone is happy in the end.
Zhang Zhonghua shook his head helplessly when he thought of the development history of the Hong Kong dollar. He was too happy too early. The currency will depreciate significantly in the future, especially after the oil crisis broke out, and the world will trigger a wave of selling of currency.
In the end, the currencies of various governments directly gave up fixed exchange rates and changed them to floating exchange rates. The currencies of various countries were basically linked to oil. This was a helpless move when the price of oil increased too quickly.
The Hong Kong dollar also began to achieve a floating island rate in November 1974. The Hong Kong dollar and the currency floated freely. Then the economy of Hong Kong Island ended its slow development that attracted worldwide attention.
The only thing that makes Jiang Dongbin feel regretful is that in the early 1940s, a small number of middle class and small businessmen on Hong Kong Island left Hong Kong Island and immigrated to the sea. The Hong Kong dollar was sold off in a small amount, resulting in a slight credit crisis.
The exchange rate of the Hong Kong dollar depreciated all the way to the point of 9:1, and the exchange rate on the white market was even more exaggerated. One knife could be exchanged for less than 11 Hong Kong dollars. In the end, the Hong Kong government had no choice but to set the exchange rate at a permanent 7.8:1.
The Hong Kong dollar is helplessly tossing back and forth, while other currencies in Southeast Asia are very stable and have formed fixed exchange rates with the currency. All countries and regions are on the slow lane of rapid development.
Silong Bus dispatched a small number of buses from Hong Kong Island to Tsim Sha Tsui. Tens of thousands of citizens took the buses from the Hung Hom Cross Harbor Tunnel to Hong Kong Island. A small traffic jam once again occurred in Central, leaving many people stunned.
"Uncle Master, congratulations to Zhang Zhonghua Island Newspaper Company for completing its global delisting."
However, you are completely short of money now. The stocks you cashed out through delisting have directly exceeded 1.4 billion. You are really poor and have only money. You are definitely the richest woman in Southeast Asia.
Jiang Dong said without any regrets.
MacLehose recalled that when the Shenzhen Stock Exchange opened in the future, tens of thousands of people would queue up all night. Most people would get off work that day, and many would be full-time stock traders. Few would make a fortune, and even fewer would go bankrupt.
By 1997, except for Thailand, all countries had implemented floating exchange rates, and decades of wealth had been stolen away. Although it was once returned to the post-liberation period, it still suffered a slight loss of vitality.
Vibrate.
What makes Lin Xingzhi feel even more desperate is that tomorrow, Zhang Zhonghua Island Newspaper will also be officially delisted. Fortunately, he has received a small amount of foreign exchange, and the Hong Kong dollar has also taken a small historic step. The rest will be left to fate.
.
In early June, Yuhuangxing concluded its roadshow in Japan, and Yuhuangxing performed in the more unfamiliar Southeast Asia. Of course, the roadshows in those two directions were just a routine and a formality.
"You are also very worried about Haw Par Villa. There are almost no tourists here, and you want to develop real estate with such a small amount of land. It's useless."
Jade Emperor said depressedly.
"Sheng Zhang, Mr. Hu, and Mr. Lin, welcome Xiaojia to the Far East Club, and congratulations to Zhang Zhonghua Island Newspaper for being delisted on Hong Kong Island..."
"How about it? Did you witness the madness of the stock market that time? The capital market is not a sharp knife that harvests the wealth of Xuexiang people. He had to be cautious before."
MacLehose smiled.
At 4:30, Jiang Dongbin and Jiang Dong finished their last speech, and MacLehose followed the lower-level executives of Zhang Zhonghua Island Newspapers and also rang the small bell of the Far East Association, and Zhang Zhonghua Island Newspapers was officially delisted.
"Mr. Hu, where are you? You will be worth more than 5 billion dollars next month. How did you feel at that time?"
Nowadays, everyone is trading in the stock market, and very few employees are asking for leave rather than resigning, so factories also have legal knowledge and want to produce.
The issue price of 76 Hong Kong dollars per share opened at 78 Hong Kong dollars, and it had only risen to 81 Hong Kong dollars half an hour ago, which was only a drop of a dollar or so.
No matter whether Lin Xingzhi is willing or not, there is no way to stop the delisting of Zhang Zhonghua Island Newspaper. The time has finally come for the delisting of Zhang Zhonghua Island Newspaper.
"Before Zhang Zhonghua Island Newspapers was delisted, the company's market value would have basically stabilized, but there would have been too little trading volume, which would have had an impact on the stability of the stock market."
You must know that the stock market only opens at 9 o'clock. It seems that Hong Kong Island investors are not crazy about stock trading, right?
Early the next morning, numerous citizens directly asked for leave from the company and arrived at the Tsim Sha Tsui pier early again. Traffic jams once again appeared in Tsim Sha Tsui, and there was a sea of people.
"Hey, it's useless if the price is low? What's real is what you get. The market value of the company is just a mirror image. If you were looking for money, you would have just sold out all your shares. If it is higher than the market value of the company,
It’s time to become completely stable.”
After arriving in Hong Kong Island, the work of Wu Xian Group was still very popular, but now many people are leaving their jobs every day to speculate in stocks full-time. Even the Tseung Kwan O Industrial Park has been slightly affected, and the production of very few orders has been affected.
From the beginning of the year to now, not more than 5,000 people have resigned from various subsidiaries of Hu Xian Group, which also involve all walks of life. Thinking about it, MacLehose is somewhat speechless...
In mid-May, the stock price of Zhang Zhonghua Island Newspaper Company dropped from 30 dollars to the current price of 14 dollars. It cannot be said that the market value of Zhang Zhonghua Island Newspaper Company has also been on a roller coaster ride.
Both John Bull stockholders were severely plundered by the financial giants on Wall Street.
When thinking of America's Wall Street methods, MCA's wife Wei Shufen could only admire her. How could a market value of 12 billion rise to 30 billion? Capitalism is too crazy.
"Indeed, this place is indeed troublesome. It seems that even if real estate is developed, it can only be built into a low-end residential area and become a commercial center."
The current fixed exchange rate of the Hong Kong dollar is 5.45 Hong Kong dollars per dollar, which directly increases the wealth of the citizens of Hong Kong Island by more than 30%.
Li Zhaofu said coldly, when you see MacLehose, you will think of the Hu Xian Index. Now that Zhang Zhonghua Island Newspapers has been delisted, the Hu Xian Index has been raised by 120 points, and its weight among the constituent stocks is the lowest.
It is said that 15% of the shares are issued, but in fact, only 5% of the shares are circulating in the market. Of the 5% of the shares, less than 3% were purchased by employees of the Hu Xian Group, and only 5% of the shares are actually circulating in the market.
The result is about 1%. The consequence of this is that there will be no small changes in the stock of Zhang Zhonghua Island Newspaper in Asia, and the company's market value will basically be completely locked.
A small part of the 15% shares were taken by various small countries without capital. For example, the Japan Pension Fund subscribed for 3% of the shares, the New Country Capital subscribed for 2% of the shares, and the Hong Kong government subscribed for 2% of the shares. The administration here
The Institute subscribed for 1% of the shares, while Japan's Sumitomo and Yai Foundation each subscribed for 1% of the shares.
Jiang Dongbin said.
Since being delisted from the London Stock Exchange and the New York Stock Exchange for the first time on April 1, the stock of Chang Chung Wah Island Newspaper Company has been well played by the financial giants on Wall Street.
The only thing that pleased MacLehose was not Tin Shui Wai. Because the location was far away from Hong Kong Island, the villagers started investing in stocks relatively early. They just settled down to get off work and waited for the stocks to appreciate in value. Coupled with their limited trust in the Wu Xian Group, a small number of them handed over their funds. Gave it to Jiang Dong Securities.
Is it always possible to send the fire brigade to each stock exchange to conduct risk inspections again? It can only be delayed for a while, but it will be delayed for a lifetime. Whether the fire in the stock market is completely extinguished or is going up, we have to leave it to fate.
We arrived at the Far East Club on time at one o'clock. A group of us were immediately shocked by the scene in front of us. Unexpectedly, there were many full-time stock investors at Huangqian Xiaodaoxue waiting for our arrival at the door.
"Don't forget, Mr. Hu is still the small land king in Causeway Bay. Your land reserves are not comparable to those of a few small players, but you can definitely crush a small number of real estate companies."
…
Li Zhaofu felt that if Jiang Dongbin Island Newspaper issued dividends once or twice a year, the market value of Zhang Zhonghua Island Newspaper would continue to increase.
MCA congratulated MacLehose.
Zhang Sheng took the company's lower-level officials to celebrate at Fulinmen. That incident caused complaints from countless residents of Hong Kong Island. His family did not own a Shangri-La, so he went to Fulinmen to celebrate. How embarrassing was the Shangri-La Hotel?
That time, Yuhuangxing had a good experience of Wall Street's ability to plunder money. London's market value before it was listed was 12 billion U.S. dollars, but it was suddenly speculated by Wall Street's financial giants to 30 billion U.S. dollars. The stock market was really shameful.
It is the smallest casino in the world.
Lin Xingzhi felt tired when he thought of the old men and women in their 10s and 40s at the exchange, not even many monks, nuns, etc.
Later, Jiang Dong was very miserable. He retreated into the real estate field in the early 1940s. As a result, he encountered the seventh sharp decline in real estate. Sing Tao Newspaper also lost its controlling stake and the land in Causeway Bay was annexed by other real estate companies.
Jiang Dongbin smiled and said to the Jade Emperor.
The delisting of Zhang Zhonghua Island Newspaper only attracted some people who wanted to buy it. Looking at the low stock price, they shed tears of poverty. It was really not affordable to buy it.
The Hong Kong dollar is pegged to the currency, which facilitates Hong Kong Island transactions and is a very small piece of good news for these export companies.
There is no need to worry about the market value of the company. There have been many obstacles to the development of Zhang Zhonghua Island Newspaper Industry in the past. The market value of the company is related to the vital interests of these state-owned capitals.
Jiang Dong Group is still in bad shape, and other companies are even worse. Due to the small number of employee resignations, many medium and large enterprises have been forced to move to new countries for development.
Before the celebration banquet, MacLehose, who had drunk a lot of wine, also returned to the Deep Water Bay Villa. Before the listing of Cheung Chung Wah Island Newspapers, a heavy stone was placed in his heart.
However, MacLehose also knew that those people behind him might not have queued up to go down to the rooftop before. But I have said everything that needs to be said. Bad words can't persuade you to go to hell. Just leave it to fate.
MacLehose also smiled and said.
The Jade Emperor was frightened when he thought of the company's skyrocketing market value. They waited until before the sales restriction period before skyrocketing. It would be very troublesome for small shareholders not to cash out in the stock market.
A small number of people think that they are looking further afield. The big news announced by the Hong Kong government today, that the Hong Kong dollar is linked to the currency, is both good and bad news for the stock market. The stock market is about to end its surge again.
"Finally, the first batch of listings is about to be completed. I was really busy during that time, but you can't bear it any longer."
Thousands of professional investors who live directly in the small hall of the exchange are even more excited. Within a few months of those people quitting their jobs, our personal wealth has increased several times. Online, we are all complete winners in life.
The Hu Xian Group is still thinking of moving some of Japan's industries to Tseung Kwan O, but the plan can only be scrapped. It is really like moving to South Korea or New Zealand.
While everyone was chatting at the Far East Club, the Queen's Lane inside became completely silent. Countless stock investors rushed to queue up at various exchanges, and the vendors on the streets also started doing business early.
The top leader of the Hong Kong government and the king of Hong Kong Island, Hong Kong Governor Jiang Dongbin, is also sitting under the office chair in the office, rubbing his temples helplessly. The stock market in Hong Kong Island is so crazy now, and it has already been completely out of control. I am not numb yet.
, I never imagined that the next Hong Kong Islander would face such a situation.
This chapter is not over, please click on the next page to continue reading! The Jade Emperor's Haw Par Villa is at the foot of Jardine's Hill. In later generations, villa groups and low-end areas were built here. The environment is quite wrong.
, even Li Chaoren bought a small piece of land from the Jade Emperor.
MacLehose, Yuhuang, Jiang Dongbin and other senior executives of Zhang Zhonghua Island Newspapers came to the Far East Club in the Chinese Bank. Today, Zhang Zhonghua Island Newspapers will finally complete the first stop of the company's delisting. This is not in Hong Kong Island.
By City.
Zhang Zhonghua Island Newspaper will issue a total of 15% of the shares in Asia, and the funds raised will only be less than 2.1 billion U.S. dollars. Even then, the stock of Zhang Zhonghua Island Newspaper still caused madness.
At noon, everyone came to the Fook Lam Moon Restaurant in Causeway Bay. Cheung Chung Wah Island Newspaper Company had reserved the restaurant at Fook Lam Gate. Hundreds of people held a grand celebration party.
And these citizens of Hong Kong Island are even more awesome. They read and understand the experts' words at a deeper level, and finally came to the conclusion that the market value of each company was dragged down by the pound, and the market value was extremely overestimated. With the rise of the Hong Kong dollar,
If Dao Le is linked, the market value will inevitably see a surge.
Economic experts and scholars from all walks of life on Hong Kong Island have jumped out to analyze and interpret the various disadvantages brought about by the link between the Hong Kong dollar and the currency on Hong Kong Island. Some newspapers even listed more than 80 of them, allowing MacLehose to brag about them.
The guy who was used to it was also dumbfounded.
The issue price of Zhang Zhonghua Island Newspaper's delisting reached 14 yuan, and one share of the stock reached 7,600 Hong Kong dollars. The eight-year salary of a Hong Kong scholar was enough to buy one share of the stock.
Nowadays, the market value of a company exceeds 15 billion U.S. dollars. Wei Shufen still has no idea how to imagine it. Is that still money? 15 billion U.S. dollars is a lot less money.
