Li Guangyu didn't expect that Li Fuzhao came to him for this matter. Moreover, he was indeed the chairman of the Hong Kong Exchange. He was very professional in stock market matters and was not dazzled by the current rapid development of the stock market.
The stock market in Hong Kong has soared so fast in the past two years. The Hang Seng Index has soared from less than 1,300 points at the end of 1984 to more than 3,000 points now. This is a very scary growth. Once the stock market is negative, the Hong Kong Hang Seng Index will probably
A cliff-like decline occurred.
Li Guangyu did not express any clear objection to Li Fuzhao's plan. At present, the development of many groups of the Li Group has stabilized. It is impossible to make rapid progress. Now is a good time to officially go public.
In Li Guangyu's plan, except for Tianyu Financial Group, other groups can be listed, but it will only happen sooner or later.
Many groups can better enter the markets of various countries only after going public, and their influence will be greater after going public.
Li Guangyu said: "Uncle Li, I also have some plans for listing. Xiangyu Culture Group will be listed in February. I also plan to list Feiyu Group and Xiangjiang Communications Group before June. After these three groups are listed, the Xiangjiang stock market will
The market value will skyrocket by hundreds of billions of Hong Kong dollars, which will also enhance the risk resistance of the Hong Kong stock market."
Xiangyu Culture Group has the lowest market value among them. Based on the latest responses from major institutions and road shows, Le Yiling set the group's market value at between HK$72 billion and HK$75 billion.
The market value of Feiyu Group is far more terrifying than that of Xiangyu Culture Group. As one of the world's top sportswear groups, Feiyu Group has far greater revenue and profits than Nike.
The current market value of Nike on the New York Stock Exchange has exceeded US$7 billion. According to evaluations by Tianyu Investment Company, Hong Kong Bank, Goldman Sachs, Sakura Bank and other institutions, Feiyu Group estimates that the market value will reach approximately US$11 billion.
The market value of Xiangjiang Communication Group is even more terrifying. As a monopoly of Xiangjiang Communication, it has also established joint ventures in mobile communication companies in Baodao, Xiangjiang, South Korea and Southeast Asian countries. It has also established joint ventures with Paris, France, Vancouver, Canada, Mexico, and Brazil to establish communication companies.
It also holds a 30% stake in the mobile communications company under the British Telecom Group.
As a top mobile communications giant, Xiangjiang Communications Group's estimated market value has exceeded US$15 billion. This is due to the current low popularity of mobile phones. In the future, as the times develop, the market value of this huge group will definitely be the top.
One of the groups.
Li Fuzhao is also aware of the strength of these major groups. Once these three groups are listed on the Hong Kong Exchange, it is entirely possible that the total market value of the Hong Kong Exchange's stock market will exceed HK$900 billion.
By then, the listed companies of the Li Group and its allies will account for more than half of the market value. From this, we can see the influence of the Li Group in Hong Kong finance.
With the listing of three major groups such as Li Guangyu, it can attract some investors to transfer to the stock markets of these groups. By the way, some listed companies with artificially high prices will be squeezed. Some investors will definitely sell some of their shares to buy these groups.
For the group's stocks and some listed companies' stocks that are inflated at high prices, there will definitely be no takers, and their prices will naturally come down.
Li Fuzhao said happily: "Guangyu, thank you very much for your support to me. If Xiangjiang's financial industry can develop better, it is inseparable from the stability of Xiangjiang's finance. The stability of Xiangjiang's finance is very beneficial to the development of all of us.
"
The main business of the Li Fuzhao family is finance. The Bank of East Asia has always been firmly in the hands of their family. They absolutely do not want financial turmoil in Hong Kong.
The rapid growth of the stock market in the past two years made him worried that the 1973 stock market crash would come again. That time, the stock market also experienced rapid growth for several years and finally fell off a cliff. The Hong Kong stock market also entered a bear market for several years, which had a great impact on Hong Kong's finance and economy.
Many Chinese-funded companies were acquired by British-funded consortiums during that bear market. For example, Hang Seng Bank is now owned by HSBC.
Li Guangyu said: "Uncle Li, don't be polite to me. Maintaining financial stability in Xiangjiang is beneficial to all of us. Many of my industries are rooted in Xiangjiang. The better Xiangjiang develops, the better my industry will develop."
You should pay more attention to the hot money in the stock market. Our development in recent years has probably caught the attention of some hungry wolves. These people hope to take a bite of our city and let us become their nourishment. This time I hope we can
Teach these hungry wolves a lesson and let them know that Xiangjiang is not theirs to cause trouble."
Li Fuzhao naturally knows what Li Guangyu said. In recent years, some international hot money has been very rampant and has attacked stock markets and currencies in some countries and regions, causing heavy economic losses in some countries and regions.
Most of the hot money comes from the United States, which makes some countries dare not speak out. The other party did it within reasonable rules, and the United States is powerful. They can only suffer this loss and cannot offer much at all.
means of counterattack.
Xiangjiang is obviously a piece of fat now. The stock market has been growing rapidly in the past two years. How could these hungry wolves turn a blind eye to this?
Li Fuzhao said: "I will closely monitor changes in the stock market. I also know that our current relationship with the consortium behind Wall Street in the United States is not very friendly. As the pawns of these consortiums, the hungry wolves on Wall Street will not remain indifferent. This time we will
Fight them in Hong Kong and let them know that not every financial market is something they can do whatever they want."
Li Guangyu felt relieved when he saw that Li Fuzhao was taking it seriously. Xiangjiang was their home field. If they couldn't defeat the pawns of Wall Street, what would they do to compete with American conglomerates in the future?
As long as these hot money dare to short the Xiangjiang stock market this time, Li Guangyu will let them know how powerful he is. If necessary, Li Guangyu will separately list several groups under the Xiangjiang Air Transport Group, as well as hotel groups and Hongyu Clothing Group.
, in order to drive the market up, he wants to see what will be done with the hot money.
Li Guangyu suggested: "Uncle Li, you contact some Chinese families in Southeast Asia and invite some of their companies to be listed in Xiangjiang. This will also strengthen our strength. There are also some companies in Baodao that will bring us to Xiangjiang."
To become a truly world-class financial center.”
Li Fuzhao naturally also hopes that companies from various Asian countries and regions will list in Xiangjiang, but his wish is very good. At present, most of the listed companies are local companies in Xiangjiang, and there are very few external companies. If it were not for the numerous financial institutions in Xiangjiang, Xiangjiang would not be able to become a
The third largest financial center.
He said to Li Guangyu: "Of course I also hope to attract these outstanding companies to come to the market, but currently we have many competitors. There is Singapore in Southeast Asia, Tokyo in Japan, Taipei Exchange in Taiwan, and Seoul Exchange in South Korea. At present,
The radiation of our exchange is not very strong, and there is still a long way to go before we can truly compete with the New York Stock Exchange and the London Stock Exchange."
Li Guangyu naturally knew the current situation. He said: "We can't just focus on these areas. Don't forget that our mainland is a huge market. If we attract their companies here, we in Xiangjiang will definitely be able to sit there."
Stabilize its position as the third largest financial center."