Today is Thursday, and before the press conferences of the Lee Group and Heung Kong Electric Group ended, the stock market began to rebound.
The first to rebound was Heung Kong Electric Group. At its peak in 1981, the unit price per share of this group's shares reached HK$14.8, with a total market value of HK$7.4 billion.
With the advent of the stock market crash in July 1981, Heung Kong Electric Group did not escape the fate of plummeting market value. At its lowest point in November last year, it dropped to HK$6.7 per share, and its market value dropped to 3.35 billion.
Later, the stock market slowly recovered, and the group's market value also slowly increased. By September this year, the group's stock price on the Hong Kong stock market had finally recovered to HK$11.6 per share, and its market value had reached HK$5.8 billion.
After the stock market crash came again, this time it was worse than last time. The unit price of Heung Kong Electric Group fell below HK$6 per share. Before the stock market rebounded, the price per share was HK$5.9, and the market value fell below HK$3 billion.
This is the lowest market value of Heung Kong Electric Group since 1978.
This large-scale move by the Li Group and interest groups has given Xiangjiang stockholders confidence. Many people feel that this is a good time to buy at the bottom, especially some investment companies, who are always paying attention to the situation in the stock market.
When the Li Group and its interest groups were bargain-hunting their own listed companies, these institutions discovered something. However, at that time, the Li Group did not make any large investments in Xiangjiang.
They only believe that this is Li's consortium and its interest groups bailing out their listed companies, and they do not even rule out the possibility of delisting after the acquisition.
The Lee Consortium has a record of doing this. Whether it is the Heung Kong Telephone Group, the Wheelock Group, or later the Heung Kong Aircraft Engineering Company, the Lee Consortium chose to delist these groups after gaining absolute control.
But this time is different. The reconstruction of Wheelock Building and the expansion of Heung Kong Electric Group's power station all show that the Lee Group and its interest groups are optimistic about the future of Hong Kong.
Wheelock Tower cost 6.5 billion Hong Kong dollars, and Heung Kong Electric Group cost a huge 20 billion Hong Kong dollars. If the Lee Group was not optimistic about the future development of Hong Kong, they would not invest in two such large projects.
It's a pity that when these people wanted to buy the Heung Kong Electric Group at the bottom, they found that there was no order to sell the shares of the Heung Kong Electric Group on the stock market at this time.
Stock traders are not fools, especially those who still have orders in their hands at this time. If they wanted to trade, they would have already traded when Xinya Investment Company was bargain-hunting, so they would not be able to keep it until now.
They don't know what the stock market results of other groups will be once the Li Group's actions come out this time, but the market values of the listed companies of the Li Group and its interest groups will definitely rise. At this time, they will not sell the stocks of these groups and companies.
Sell it out.
Heung Kong Electric Group's HK$20 billion expansion and construction of power stations shows the strong economic strength of the Li Group and its interest groups, and shows that this round of economic crisis has no influence on them. This also gives Heung Kong Financial Investment
Institutions and Hong Kong stockholders have full confidence in the listed companies owned by these people.
The unit price of Heung Kong Electric Group was HK$5.9 per share. Just over an hour after Guo Lingming announced the news, when the Hong Kong stock market was closed, its share price had soared to HK$6.8 per share, and its market value reached HK$3.4 billion.
This is obviously not the end. Tomorrow, I believe that the market value of Xiangjiang Electric Group will increase significantly.
Also rising at the same time are Jiayi Group and Kowloon Bus, owned by Li Ka-shing, Cheung Kong Holdings and Hutchison Whampoa owned by Li Ka-shing, Shau Kee Group of Lee Shau Kee, Sun Hung Kai Properties Group owned by Guo Desheng, and several other listed companies.
degree of increase.
Even the Hang Seng Index ended its continuous downward trend due to this good news, and finally rose 5 points today compared with the previous day's close.
This is enough to make people from all walks of life in Hong Kong feel happy. The stock market has been showing a downward trend for more than two months, and the Hang Seng Index has not closed higher than the previous closing day on any day.
Hong Kong stockholders have become disillusioned with the stock market and can only watch the stock market slide into the abyss step by step without any signs of recovery.
Today finally gave them the hope they had been waiting for for so long. Especially those investors and investment companies who had a lot of stocks in their hands but could not trade them. When the stock market closed today, they were very excited.
The stress of the past few months can finally be relieved a little at this time.
In Li Guangyu's office, Sun Jianping specially came to Li Guangyu's office and reported to Li Guangyu the situation in the stock market.
Sun Jianping was also very happy. Although he did not buy the shares of Li's consortium and interest group listed companies this time, he did buy the shares of many high-quality listed companies in Hong Kong. Today, these companies have a small increase.
The price per share didn't rise much, but Sun Jianping bought a lot of shares at the bottom, which added up to a huge profit.
After hearing this, Li Guangyu said: "Jianping, these shares are prepared for long-term holding. We probably haven't made any big moves in the past two years. Your company has left one billion Hong Kong dollars for short-term operations in the stock market. Others
The funds will be given to me to hold shares in these companies. As for large investment projects, I will mobilize funds from other groups to your company's account, so you don't have to worry about it."
At present, Tianyu Investment Company mainly has two money-eating monsters, Xiangjiang Electric Group and Taipei MRT. Whether it is Taipei MRT or Xiangjiang Electric Group, if we look at family investment, Li Guangyu has the most.
, who told him that he has shares in the three major investment companies: He's, Xinya and Xiangjiang Zhonghua.
Sun Jianping replied: "Okay Li Sheng, I will make arrangements in this regard."
He also knows that the two actions last year and this year are rare. It would be good to seize the opportunity once. It is a miracle twice. If you want to do it once every year, it is simply a dream.
It seems that his company will have to carry out regular operations in the next few years, but Sun Jianping is not worried. This bargain hunting has given him a lot of confidence. As long as the stock market can return to the market value of 1981, he will be able to make money from this bargain hunting.
Tens of billions of profits.
This time he can use 6 billion Hong Kong dollars to buy the bottom. The current market value of the stock market is only one-third of what it was in 1981.
After Sun Jianping left, Li Guangyu received a call from Zheng Yutong, inviting him to the Peninsula Hotel for a celebration tonight among the members.
Just two news announcements today have caused their respective assets to rise a lot. Both Zheng Yutong and Lee Shau Kee are very happy.
In addition to the previous gains in the stock market, they did not get together to celebrate. Tonight they planned to celebrate two things together, and at the same time discuss the next things.
After Li Guangyu hung up the phone, he talked to Gan Qin and left the group. He was returning home first this time and would bring Cao Weiqing to attend tonight.
This time, not only Li Guangyu and others at the helm will attend, but their wives will also attend. Also present will be the core members of the next generation of each family who are already working in the group. This is also the hope of each family that their next generation will communicate more and let this
Interest groups can continue to exist in the future.