Early the next morning, countless newspaper headlines were devoted to Xiangjiang Communications Group. This group, which was only listed yesterday, immediately secured its position as the first listed company in Xiangjiang.
The peak yesterday only reached HK$134.2 billion. As of yesterday afternoon's closing, it was finally settled at HK$128.7 billion. Its market value reached US$16.5 billion, second only to Bentley Group's US$19.6 billion among listed companies controlled by the Lee Group.
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The Bentley Group is still rising slowly. Although the rate is very small, based on the development of the Bentley Group, it is estimated that the market value will exceed 20 billion US dollars in May.
Because Li Guangyu said hello, no newspaper mentioned him and the Li family in the news, let alone the Li family consortium. Otherwise, media like Xiangjiang would laugh at the Forbes list of the world's richest people again.
Others don't know, but the Hong Kong media knows very well that these listed groups are still absolutely controlled by Li Guangyu. Just a few days ago, the 1986 Forbes rich list came out.
In 1986, there was still no Hong Kong rich man on the top 100 list of the world's richest people. The richest man in Asia was Malaysian Robert Kuok, with a total assets of US$1.4 billion, ranking 12th among the world's richest people.
The highest ranking Chinese in the world is Wang An, who is the fifth richest person in the world and the fifth richest person in the United States with a net worth of US$2 billion.
Sam Walton, who ranks first, ranks first on the world's richest list with a net worth of US$6.5 billion.
Such a ranking list is a joke in Hong Kong. They feel that such a ranking list is used to fool ordinary citizens who do not understand the truth.
Walton is indeed powerful, with 6.5 billion US dollars, not many families in Xiangjiang can beat him, but this does not include Li Guangyu.
Let's not talk about other groups, just this one was listed yesterday. With Li Guangyu's personality, media from all walks of life in Hong Kong believe that Li Guangyu definitely controls more than 67% of the shares. This one alone has crushed the world's richest man, but it is a pity that it is ranked by Forbes.
I just want to be blind and not see at all.
Every year when the Forbes list of richest people comes out, the Hong Kong media is very unhappy because there is not a single rich person from Hong Kong.
The young talents they are reporting now, the future business leaders in Hong Kong, whether it is Liu Luanxiong, Yang Shoucheng and Pan Dickson, these three people are still far behind the US$650 million of the 100 richest people. It is estimated that they will enter the rankings in a short time.
Not among the top ten richest people in the world.
And as early as 1978, the charter king, who had assets of 5 billion Hong Kong dollars, has already used fund holdings, and the Forbes rankings are naturally blind.
The media in Hong Kong are no longer too lazy to complain about Forbes. What makes them happy now is that Hong Kong has its first listed company with a market value of over 100 billion Hong Kong dollars. This is enough for them to report on it for many days.
This time they focused their main attention on Fortune magazine. Among the latest Fortune 500 companies, Hong Kong includes Tianyu Financial Group, Hong Kong Air Transport Group, Hengyu Supermarket Group, Hutchison Whampoa Group, Hong Kong Bank, and HSBC Bank.
, China Power, Xingyu Games, Xiangyu Culture Group, China Gas, Heung Kong Electric and other 26 groups were shortlisted.
Among them, not counting Bentley, British Telecom Group and Oriental Semiconductor Group controlled by the Li Group, there are 12 companies in Xiangjiang.
Xiangjiang Communications Group is also a shortlisted company, but the ranking of Xiangjiang Communications Group is far lower than that of Xiangyu Culture Group. Now on the Xiangjiang Exchange, the first-ranked Xiangjiang Communications Group is more than 300 more than the second-ranked Xiangyu Culture Group.
billion Hong Kong dollars, which gave the Hong Kong media a target to vent their anger on.
The Hong Kong media has always been very dissatisfied with Forbes, Fortune and Business Weekly in the United States. Forbes does not count unlisted companies, and listed companies do not include the United States. Wealth statistics are also quite problematic. They only count sales, and Business Weekly only counts.
Statistics of developed countries.
Moreover, these Canadian weekly magazines have quite a lot of opinions on their Xiangjiang enterprises. Anyway, the Xiangjiang media believes that these major magazines always like to suppress the strength of Xiangjiang enterprises.
In many newspapers today, the front-page headlines are about the news about Xiangjiang Communications Group, and many of the second-page headlines are criticisms of several major American magazines.
Li Guangyu had just washed up and went downstairs to eat. Cao Weiqing took the newspaper and said: "Guangyu, look, the Economic Daily is fighting for you. They criticized the rankings of several major American magazines. They think these major magazines are unfair to us."
Hong Kong enterprises and entrepreneurs are full of discrimination, and the ranking is simply a joke."
Li Guangyu has never cared about the rankings of these major magazines. Whether it is the rich list or the Fortune 500, the statistics in them have big problems and cannot reflect the true level of these companies at all.
Regardless of the fact that some companies are ranked very high in the Fortune 500, but their importance is not very high, and their profits are not very good. Maybe they are still in the Fortune 500 this year, but the company will go bankrupt next year. This is not unheard of.
Moreover, Li Guangyu doesn't like to be in the limelight. It's good to be like this now. He has absolute authority internally and doesn't want to show up in public. He only needs to meet with the top leaders of major forces. If this continues, a few years later, more than ten years
After that, everyone will no longer clearly know that those groups are his property.
Li Guangyu is also aware of the helplessness of these major magazines. It is no longer easy to be like this. If they should exclude the American consortium, they will probably close down immediately.
It’s not just people from the Chinese nation who know how to hide wealth. All rich people in the world are the same, especially those families in the United States that have existed for hundreds of years. Only their internal members know how much assets they have and how many industries they control.
It's hard to understand them all.
Li Guangyu said: "Don't pay too much attention to these things. This is good now, especially the Forbes rich list. I think we in Xiangjiang can make one ourselves. You go and communicate with the Xiangjiang Economic News and we will make a Xiangjiang version of the rich."
When the list comes out, the richest people in Hong Kong are mainly the richest people in Hong Kong. We also hold shares in our own names for statistics, so that we, the citizens of Hong Kong, can better understand some of our local representatives."
Cao Weiqing knows that Li Guangyu plans to create a group of idols in Xiangjiang. Anyway, such statistics have little to do with the major families. They mainly count some young forces that have developed over the years, such as those used by Li Guangyu before.
A few people standing as shields.
Cao Weiqing said: "I'm afraid this doesn't make much sense. Apart from these families, how much assets those people can have, a few hundred million Hong Kong dollars is as high as the sky. Some people probably don't have Li Xuelan, Du Yuemei, Peng Xiaoli, Uncle Chen, Yuan Tianfan, Zhou Xiaoning and others.
many."
Li Guangyu said with a smile: "I just hope that some of our presidents will be included in the list, so that over time, ordinary people will feel that these groups are controlled by them. This can divert attention and prevent the Economic Daily from attaching the shares controlled by these presidents."
The shares held by these high-level executives are also mixed. They all have shares listed in the Li Group. Each company may not have much, but the total is still quite good. The market value of the shares held by Zhou Xiaoning and others alone is now tens of millions of Hong Kong dollars.
In the future, the top executives and presidents of the Li Group will become richer as the market value of major groups rises. It will be very easy for everyone to become a billionaire.
If the Xiangjiang family follows the example of Li Guangyu in fund holding, in the future the Hong Kong rich list may really be occupied by senior executives like the Li Group.