The battle for the retail market is destined not to end in a short time, especially since several retail companies have wealthy owners behind them, which will make this war drag on longer.
The citizens of Xiangjiang are extremely happy. They can spend more money than before to buy the same products. At the same time, they can also try their luck and bring back a gift for themselves.
The three major markets of Hong Kong's stock market, foreign exchange, and futures are also in turmoil. Contracts for three months and six months are constantly increasing, and the vast majority of them are short positions.
Obviously, international hot money headed by Soros has entered the Hong Kong market again, and judging from the other party's contract, the approximate time for the decisive battle is August.
Of course, if Xiangjiang can quickly boost the three major markets and make the other party liquidate, it can end early.
Xu Xinrong also asked Li Yuhang whether Xinyu Financial Holding Group would enter the market now.
Of course, this time we are not on the side of hot money, but working with the Hong Kong government to attack international hot money.
At present, Li Yuhang actually does not have a lot of funds. He spent 5 billion on the acquisition of shares of American Internet companies, 2 billion on deposits from the Bank of East Asia, 3 billion on the automobile group, and another 200 million US dollars injected to maintain the company's operations, and 2.5 billion on the technology acquisition of Guanghua Technology Company.
, injecting 100 million into the company.
Huaxin Technology Company invested US$2 billion for equipment procurement and subsequent operations of the company.
In addition, Xinyu Financial Holding Group Xiangjiang invested US$2 billion for the acquisition and later operations of Xinyu Bank, and Feilong Group also invested US$600 million for the acquisition.
This cost him a total of 17.4 billion U.S. dollars, and his stock market profit was only 16.6 billion U.S. dollars, plus more than 2.1 billion principal.
Currently, he has less than 1.4 billion U.S. dollars of funds under his control, and he still owes 12 billion Hong Kong dollars to major banks.
However, it has been four months since Li Yuhang deposited the money in the Bank of East Asia. In two months, he will be able to withdraw the two billion US dollars and have a lot more funds in hand.
Moreover, this time Li Yuhang was only prepared to make a slight statement on his attitude. He had no intention of using those shares in the United States as collateral for loans, and he had no intention of misappropriating the funds to Huaxin Technology Company.
At present, it is already a lot to be able to provide such a large amount of financial support. If it is too much, it may cause some unnecessary troubles.
He said to Xu Xinrong on the side: "Stand still for the time being. When the Xiangjiang Financial Management Bureau contacts us, Xinyu Financial Holding Group will temporarily provide 500 million U.S. dollars to take over orders for delivery at the end of August with 20 times leverage. Others will
Don’t answer.”
Xu Xinrong has long been accustomed to the big boss' ability to penetrate the stock market. Since Li Yuhang specially reminded August, it means that the Xiangjiang Financial Management Bureau is preparing to fight hot money in August to defend Xiangjiang's financial situation.
Xinyu Financial Holding Group, which was relatively proud last year, bought Li Yuhang like he wasted his fortune. Now it is also cash-strapped. If savers' money is not considered, Xu Xinrong can only mobilize less than 1.4 billion US dollars from Li Yuhang and the group.
The more than 200 million US dollars on the account.
Even counting the overt and covert investment companies, the group can only mobilize no more than 400 million US dollars in cash.
Xinyu Financial Holding Group, which had just become a nouveau riche, has not recovered yet, and it will soon have to live frugally again.
Now she really hopes to hurry up to the end of next year, so that the group's funds will be abundant again, and it will not be timid in doing things.
She said loudly: "The Xiangjiang Financial Management Bureau has already called the group and invited me to attend the Xiangjiang Financial Conference tomorrow afternoon. It is probably for this matter. If nothing else, the financial community in Xiangjiang these days
Will take action."
After hearing this, Li Yuhang could only sigh for Soros and the international hot money. It was not good to go anywhere, so he had to come to Xiangjiang.
You must know that the mainland's foreign exchange reserves are already the first in the world, and Hong Kong's foreign exchange reserves are the third in the world. As long as the authorities are serious about it, they can't shake it with just quantum funds and some hot money.
If Li Yuhang hadn't had some scruples in his heart, he would have spent a lot of money this time to deceive Soros and international hot money.
"You can make the decision yourself in this regard. What's going on with Lingjiang Electrical Appliance Chain Group?"
After the listing of Jianan Agricultural Products Group, Lingjiang Electrical Appliances Chain Group will also be listed on the Hong Kong Stock Exchange, and the group's valuation is as high as 14.5 billion Hong Kong dollars. As long as there are no accidents, the third company under the Jianan Group with a market value of over 10 billion Hong Kong dollars will be
Birth.
At present, the market value of Jianan Supermarket Group has exceeded 30 billion Hong Kong dollars, and the market value of Jianan Agricultural Products Group has also reached 25.3 billion Hong Kong dollars.
Although Lingjiang Electric Appliance Chain Group has developed rapidly, since it specializes in home appliance retail, the gap between it and Jianan Supermarket Group is still a bit large.
Especially in the past two years, the price of domestic home appliances has been greatly reduced, making its single profit unable to compare with previous years, and also affecting the market value of Lingjiang Electrical Appliance Chain Group.
"The listing time for Lingjiang Electrical Appliance Chain Group has been finalized. We, Goldman Sachs, and HSBC will serve as market makers, and we will ring the bell for listing next Wednesday, which is the 25th."
Xu Xinrong is very satisfied with the listing of her companies. Every time a company goes public, Xinyu Securities is one of the market makers. As long as there are no problems, she can make a small profit.
Moreover, with the reputation brought by the Jianan Group, other domestic companies are listed, and Xinyu Securities can also get involved.
Just after Xu Xinrong left, Yue Wanrou knocked on the door of Li Yuhang's office.
After seeing Yue Wanrou come in, Li Yuhang asked: "Wanrou, what's the matter?"
"Mr. Li, the servants from Mr. Dong Jianhua's family in Xiangjiang just came here. Mr. Dong Jianhua hopes to invite you to a dinner organized by him. This is the invitation letter sent."
Looking at the invitation letter handed over by Yue Wanrou, Li Yuhang knew without guessing the main purpose of this dinner.
You must know that this person also comes from a wealthy family and has a wide network of contacts in Hong Kong's wealthy circles. This time he was invited in a private name. It seems that he is preparing to play the emotional card.
Since he was attending a private dinner in the evening, he also needed to make some preparations. After leaving Yue Wanrou, he left Xinyu Bank Building after get off work.
On this day, not only Li Yuhang, but also Shuang Li, Li Guobao, Zheng Yudong, Guo Bingxiang, Wu Guangzhen, Huo Yingdong, Hu Yinxiang, etc. all received invitations from Dong Jianhua.
Having just taken office for a year, he obviously does not want a huge financial crisis in Xiangjiang. This time, he must maintain the financial stability of Xiangjiang no matter what, and let international hot money know that Xiangjiang is not a place where they can come and leave whenever they want.
Of course, in addition to these wealthy bosses, the general manager of Bank of China Heung Kong also received the invitation letter, and this time the mainland mainly provided help to Hong Kong through Bank of China.
The higher-ups have already said that this time, financial stability in Hong Kong must be ensured at all costs, even if all foreign exchange is exhausted.
At the same time, BOC Xiangjiang is also required to wait for an opportunity to teach international hot money an unforgettable lesson, so that the other party will never dare to attack Xiangjiang Finance again.