Chu Huan has been back to Xiangjiang for a few days. Although he is back for vacation, in fact, for Chu Huan, there are still many things in the group that require Chu Huan to make decisions.
"Boss, this is an invitation letter from the Stock Exchange. The Fourth Committee has decided to formally establish a joint company in July this year. You will be invited to attend their establishment ceremony then!"
Xu Yi first sent Chu Huan the first invitation letter!
It can be said that the four societies in Hong Kong are full of entanglements with each other. From the earliest Xiangjiang Society was the dominant one in Hong Kong, then the establishment of the Far Eastern Society broke the monopoly of the Hong Kong Society, and then the Gold and Silver Society and the Kowloon Society.
The establishment of the company completely turned the securities market in Xiangjiang into a mess.
The former Financial Secretary Xia Dingji tried to unite the four associations many times, but unfortunately, the progress has not been smooth.
"It seems that the establishment of the Securities Brokers Association has promoted their union process!"
Chu Huan said with a smile.
Before 1977, Hong Kong's four major exchanges did not allow cross-exchange trading. However, on August 4, 1977, the Hong Kong Association and the Gold and Silver Society suddenly announced the start of "cross-exchange trading." This move directly promoted
This year, the Hong Kong Securities Brokers Association was officially established, promoting the merger of the four associations, strengthening the flexibility of the stock market, and providing investors with the convenience of buying and selling.
Xu Yi nodded and said: "Yes, their four clubs have reached an agreement privately, and it will be officially announced in June. It will be officially listed in July to establish the Hong Kong United Exchange Co., Ltd. According to the regulations, they
Each of the four exchanges will select two representatives to settle in the new Stock Exchange. The candidates currently confirmed are Mo Yingji from the Hong Kong Association, Li Fuzhao from the Far East Association, Wu Hanhui from the Gold and Silver Association, and Chen Pufen from the Kowloon Association.
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As for the remaining candidates who are still being selected, I think they will be announced to the public in June!"
Speaking of this, Xu Yi asked Chu Huan curiously: "Boss, does this mean the official end of the Xiangjiang Sihui era?"
Chu Huan waved his hand and said: "It's not that easy. Although the four societies merged into one company, they did not have joint offices. They still did their own thing. When will they move the trading floor together, will it be considered a real one?
The merger is just a further test by them. This means that the four previous powers of the Hong Kong United Exchange have been merged into one, and there will definitely still be a lot of competition in the middle!"
In fact, this is exactly what happened in another time and space. Although the merger of the four exchanges took place in 1980, in fact, the real union of the four exchanges had to wait until 1986. During this period, they experienced
In 1988, the negotiations between China and Britain on the future of Hong Kong, the collapse of real estate, the stock market, the bankruptcy of the Carnegie Group and a series of corporate fraud cases exposed many major weaknesses in the supervision system of Hong Kong's securities market.
At the end of 1981, when Fok Li-yi, the former chief executive of the London Stock Exchange, was appointed as the interim supervisory commissioner of Hong Kong, the Times of London warned him: "Hong Kong is not a friendly city to regulators...
…being able to make the most money in the shortest time is considered praiseworthy. Anything or behavior that unreasonably prevents people from engaging in the above activities will not be welcomed, and people will do it where possible
ignore its existence"
Officially because of these things, it was not until March 7, 1986, after the Hong Kong stock market closed that the Hong Kong Club, the Far Eastern Club, the Gold and Silver Club, and the Kowloon Club officially announced their closure.
It was in this environment that the Hong Kong Stock Exchange was officially opened.
Therefore, the current merger of the four societies is just a formality for them. To put it simply, in the past, only the Xiangjiang Society and the Gold and Silver Society could buy and sell in Yuesuo, but now all the four societies can buy and sell in Yuesuo.
!
It's that simple.
But no matter what, the merger of the four cities is still the most important thing in the business world of Xiangjiang this year.
"Then boss, do you want to participate when the time comes?" Xu Yi asked Chu Huan.
Chu Huan thought for a moment and said: "Tell them that I won't go to the merger ceremony. Just go there on my behalf. I will go to their reception then!"
Since completing the acquisition of Jardine and Land, Chu Huan has stopped participating in any dealings with the media in Xiangjiang, but the alliance of the four associations is a major event after all, and he still has to give them some face.
Xu Yi nodded and said: "Okay!"
Later, Xu Yi handed Chu Huan three more invitation letters and said: "New World Regent Hotel and Hopewell Real Estate's Hopewell Center are also about to be completed. This is an invitation letter from the two companies. Please
Boss, you participated!
The last letter is an invitation letter from Ye Han from Haojiang. His horse racing club will open on September 6 this year, and I very much hope that you, boss, can attend!"
The Regent Hotel was the main project of the second phase of the New World Center. After the completion of the Regent Hotel, it became one of the four major hotels in Hong Kong at that time.
Zheng Yutong later said in an interview: Strictly speaking, Kowloon Regent Hotel and New World Hotel Center are my most satisfying work results.
It goes without saying that this whole building has contributed a lot to the current prosperity of Tsim Sha Tsui District. The shopping mall is always full, and the two first-class hotels have elevated the area and the building to a level of elegance and affluence.
Back then, when I planned the New World Center, it was like raising a child myself.
I went to the United States to hire architects, communicated closely with them, and guided them to inject their professional design knowledge into my various requirements.
For such a hotel, Zheng Yutong is naturally very concerned about it, and at the same time, he also hopes that his completion ceremony can be a lively one.
As for Hopewell Center, the completion of Hopewell Center actually means that Hopewell Properties has officially returned to the ranks of the first-class Chinese-owned real estate companies in Hong Kong.
You must know that Xiangjiang directly started the stock market crash mode because of Hopewell Real Estate's fake stocks. Although Chu Huan's help later made Hopewell Real Estate overcome its difficulties more smoothly, they still lacked a signature thing.
Let them prove their ability to make money to the citizens of Xiangjiang.
And Hopewell Center is Hopewell Real Estate’s landmark project!
In addition, in another time and space, the building height of Hopewell Center surpassed the Connaught Building and became the tallest building in Hong Kong at that time.
But this time, although the building height of Hopewell Center exceeds the Connaught Building, it is still not as high as Chu Huan's Chinese Row. Now it can only be ranked second!
As for the horse racing event held by Ye Han in Xiangjiang, the opening was indeed the most glorious moment in Ye Han's life.
On this day, the grand opening ceremony of the horse racing betting event was held at the majestic horse racing track. Many dignitaries, businessmen and celebrities from Hong Kong and Macao came to congratulate and celebrate. The governor of New Australia, Izhidi, presided over the opening ceremony.
1. Thousands of horse-drawn carriage fans and spectators gathered inside and outside the venue. Taipa, which is usually sparsely populated, was suddenly crowded with people and very lively.
But it was only for this day. It seemed that he won the battle with He Hongshen, but in fact, He Hongshen then used this incident to continuously suppress Ye Han in Macau Entertainment, which finally led to Ye Han's death in 8 years.
Selling his shares in Macau Entertainment to Zheng Yutong can be regarded as making up for Zheng Yutong's longing to be a casino tycoon.
Although Ye Han left Macao Entertainment, the operation of his horse racing club was actually not smooth. According to Ye Han's idea, the annual betting volume of the horse racing club should be at least 100 million Australian dollars, but in fact, 81
In 2008, the total betting amount was only 130 million Australian dollars, and it was decreasing year by year. By 8 years, it was less than 100 million Australian dollars, in 1983 it fell to 60 million Australian dollars, and in 1984 it was 44 million Australian dollars.
The business situation has developed with an annual loss of 100 million yuan.
According to the franchise contract signed by Yehan and the Haojiang government, if the total bet amount recorded by the computer is less than 100 million Portuguese dollars per year, gambling tax will be exempted.
Since the Carriage Club opened, the total annual betting volume has never exceeded 100 million, so Ye Han has never paid taxes to the government.
Until the last horse race was held on January 30, 1988, Ye Han suffered a total loss of 1 billion yuan.
It can be said that horse racing will cause Ye Han to suffer heavy losses.
"It's the same as the Four Clubs Alliance. Just tell them that I won't attend their opening ceremony, but I will attend their cocktail party!"
Chu Huan is the second largest shareholder of New World and Hopewell Properties. At the same time, when he was in North America, Chu Huan also promised Ye Han to attend the opening ceremony of his horse racing meeting, so it was appropriate to show his face, but still
In that case, forget about showing your face in front of the media!
Xu Yi smiled and said: "These three people will definitely be disappointed!"
Chu Huan smiled and said: "If you are disappointed, just be disappointed."
Xu Yi continued to report the situation in Xiangjiang to Chu Huan: "Boss, this is the plan submitted by He Bingguang, Qiao John, and Wen Mingzhang at the same time. They are all about the plan for the Hong Kong government's auction of the former Far East Financial Center site on Xia Cun Road.
Which group do you want to participate in the bidding?"
This is the disadvantage of having too many companies under his control. When it comes to real estate, Chu Huan has three groups: Zhulu Real Estate, Hehe International-Wheelock, and Land.
But now there is only one Far East Financial Center on Xia Cun Road, and all three groups want it.
Chu Huan sat there and tapped on the table. This had become a habit of Chu Huan. When he was thinking about a problem, he would always tap on the table next to him involuntarily.
"Zhulu Real Estate is currently working hard to construct the group's tens of billions apartment project, Zhulu Commercial Center, and the renovation of several commercial buildings. Hehe International-Wheelock is busy with the Huangpu Commercial Center, and Land is busy with them.
Landmark, while also clearing debts.”
Chu Huan finally decided: "Let Zhulu Real Estate participate in the bidding. Now Zhulu Real Estate also has a lot of properties in Central. When He Bingguang bids this place, contact Cao Yunzu and ask him if it is possible for Zhulu Real Estate to bid for it.
The real estate companies will join forces to build a commercial circle similar to the Landmark."
Xu Yi nodded and said: "Okay, I will notify you!"
Chu Huan nodded and said: "In addition, inform John Qiao from Hehe International-Wheelock and Wen Mingzhang from Land and tell them not to always set their sights on Xiangjiang. Now the size of our three groups in Xiangjiang has almost surpassed that of Xiangjiang."
They can’t accommodate us anymore, so I told them to set their sights outside of Xiangjiang. You are responsible for contacting the two of them about this matter, plus He Bingguang, to come up with a specific plan, and then report the plan to me!"
Although there will be a lot of land for auction in Xiangjiang in the future, especially the land used for the Exchange Square in Central, no matter what, it is still too much for the three real estate-related groups of the Jiaku family at this time.
It's crowded.
Therefore, Chu Huan must let these three groups find more developable areas.
Southeast Asia is currently developing, and the most important area is Singapore.
At the same time, there is South Korea. Starting from this year, South Korea will enter a period of rapid economic development. What's more, Chu Huan will also go to South Korea at the end of May this year. If there are no accidents, Chu Huan will acquire their first business in South Korea.
The seven major chaebols are Dongming Timber. When the time comes, Chu Huan can use Dongming Timber controlled by Sun Investment to cooperate with the industries in Xiangjiang.
Xu Yi continued: "Yes!"
After talking about this matter, Xu Yi continued to report on the situation in Xiangjiang: "Boss, the exchange rate between the pound and the US dollar has fallen to 1:1.6, and the depreciation rate has reached 48%. The news from Europe is that in the near future
time to minimize trading between GBP and USD.”
This chapter is not over yet, please click on the next page to continue reading! The US dollar has been depreciating since 1977. At that time, Chu Huan still made a fortune from this matter, but Chu Huan gave up when he saw the opportunity and did not make the last profit.
penny.
The continued depreciation of the U.S. dollar is affecting the hearts of many people.
"What is the current exchange rate between the US dollar and the Hong Kong dollar?" Chu Huan asked.
Xu Yi replied: "The current exchange rate between the two parties is 1:9.6. If the Hong Kong government does not come up with policies, according to the company's estimates, it will continue to fall!"
In the early days, Xiangjiang followed the pound exchange standard. However, from the late 1960s to the early 1970s, the pound depreciated sharply many times, shaking the foundation of the pound exchange standard.
On June 3, 1977, the British government announced that the pound would float freely. On July 6, the Hong Kong government announced that the Hong Kong dollar would be decoupled from the pound and instead pegged to the U.S. dollar. The official exchange rate of the Hong Kong dollar against the U.S. dollar was set at 1 U.S. dollar to .6 Hong Kong dollars.
At this point, the pound exchange standard collapsed.
However, the Hong Kong dollar was first pegged to the U.S. dollar not long ago, and the arrangements for issuing banknotes are also different.
Since the U.S. dollar was also facing depreciation pressure at that time, the Exchange Fund needed to supply a large amount of local currency to intervene in the market to maintain a fixed parity between the Hong Kong dollar and the U.S. dollar.
Therefore, the Hong Kong government stipulates that note-issuing banks do not need to hand over foreign currencies, mainly US dollars, to the Exchange Fund in advance before issuing banknotes. They only need to transfer the issued Hong Kong dollars to the Exchange Fund in proportion to the amount opened in these note-issuing banks.
Accounts can be exchanged for certificates of indebtedness, and the Exchange Fund uses these Hong Kong dollar balances to purchase foreign currencies in the foreign exchange market as preparations for issuance.
In other words, what was implemented during this period was not a currency board system.
By January 1973, the U.S. dollar had depreciated by 10%.
Although the Hong Kong dollar is pegged to the U.S. dollar, it has not depreciated along with it. The official exchange rate of the Hong Kong dollar against the U.S. dollar has been adjusted to 1 U.S. dollar to .08 Hong Kong dollars.
Until 1974, international hot money in U.S. dollars was impacting everywhere, and the appreciation pressure on the Hong Kong dollar increased.
Although the exchange rate fluctuation had changed from 1% to .% at that time, the Hong Kong government was unable to carry out large-scale intervention in the foreign exchange market due to excessive hot money.
Under the fixed exchange rate system, the massive inflow of hot money caused an abnormal increase in the money supply and hindered the stable development of the economy.
In view of this, after the U.S. dollar was decoupled from gold in November 1974, the Hong Kong government announced that the Hong Kong dollar would be decoupled from the U.S. dollar and implement a free floating exchange rate system.
In the early days of the floating exchange rate system, Hong Kong's currency system was relatively stable. However, in 1978, the Hong Kong dollar was under depreciation pressure, and the Hong Kong exchange rate index continued to fall. By 1979, Hong Kong's inflation began to become serious, that is,
This led to the continued depreciation of the Hong Kong dollar.
In eight years, the U.S. dollar will experience a substantial appreciation, and the Hong Kong dollar will naturally experience increased depreciation pressure.
At that time, the exchange rate between the Hong Kong dollar and the US dollar also changed from 1:9.6 at its peak to 1:6.49.
Finally, in 1983, the Hong Kong dollar was re-pegged to the US dollar, and the exchange rate remained at a range of HK$8.1 to HK$8.80 per US dollar.
"The Hong Kong government will definitely take action, but now is not the time. Let's wait and see. According to my analysis, it will take two or three years before the Hong Kong government can come up with corresponding policies!"
Xu Yi nodded and said: "Boss, do you think the dollar will continue to depreciate in the future, or will it bottom out and start to appreciate?"
Chu Huan said: "It should have reached the bottom. I think the US dollar will increase in value in the future!"
Xu Yidao: "Then I will arrange for Volkswagen International Investment to follow up on this matter?"
Chu Huan said: "Yes, we will also notify our investment companies around the world to follow up on this matter."
These investment companies are all used by Chu Huan to cooperate with political figures from various countries, and Chu Huan has always personally designated some of their investments.
"clear!"
"By the way, how is our short selling of the BY market going?" Chu Huan asked Xu Yi.
"It was already filled in in March this year!" At this point, Xu Yi also marveled in his heart. It's not just gold that's crazy this year, but also silver. At the beginning of this year, the price of silver soared to
The price of silver increased eightfold in one year to US$0.3 per ounce, but then the price of silver began to fall. By March 7, it had dropped to US$10 per ounce!
In the early 1970s, the price of silver was just US dollars per ounce!
Investment companies in various regions around the world controlled by Chu Huan suddenly began to short the BY market when silver prices were at their craziest. Of course, they did not use leverage this time. After all, the BY market was not as huge as the gold market.
More importantly, the skyrocketing market price is caused by the crazy gambling of the Hunter family in North America.
This family had already begun to lay out the silver market in 1973, first buying silver spot in the Middle East, and at the same time buying silver futures in the futures markets of New York and Chicago.
In January 1973, the Hunter family had purchased $0 million worth of silver spot and purchased 3 million ounces of silver futures at a cost of $.9 per ounce, making them one of the largest silver holders in the world.
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Although they experienced Mexico's impact on the BY market, the Hunter family did not give up. At the same time, they also attracted the Saudi royal family to join their crazy plan. By 1978, the silver in the hands of the Hunter family had reached hundreds of millions of ounces.
The price of silver also rose to $11 per ounce in 1979 as the Hunter family fueled the market.
Then the price of silver skyrocketed, and it was also the peak period of the Hunter family.
However, due to the operation of the Hunter family, they offended a force, and this force was the North American government. In addition, most of the Hunter family's money was borrowed, so they soon faced a crisis.
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This chapter is not over yet, please click on the next page to continue reading! This is also the reason why the price of silver will fall rapidly after entering its peak period this year.
However, after that, there were still several games between the Hunter family and the North American government, but Chu Huan and Xu Yi, who had already withdrawn from the BY market, no longer cared about these.
Chu Huan asked: "How is the investigation going on the vacancy rate of housing in Xiangjiang that you were asked to investigate?"
Nowadays, it can be said that the real estate industry in Xiangjiang has been at its peak in recent years. At least at this stage, it is not clear that there will be any major changes in the real estate industry in Xiangjiang. However, Chu Huan had already let him know when he went to Japan.
Xu Yi allocated manpower and began to investigate the vacancy rate of housing in Xiangjiang.
The smile on Xu Yi's face disappeared, replaced by a trace of worry, and he said: "It has been clearly investigated. The vacancy rate of housing in Xiangjiang is now as high as 41.3%, and a large number of units are in the hands of speculators, large and small."
Chu Huan nodded and said: "This data is already very dangerous. I believe the Hong Kong government will definitely have this data. I think the downgrade of the real estate industry will be a matter of time."
Then Chu Huan told Xu Yidao: "Send our investigation and analysis to the real estate companies in which we have shares. I believe they will know exactly how to do it!"
Although the real estate group under Chu Huan's name is no longer involved in housing, the major real estate companies in Xiangjiang that Chu Huan has invested in are all engaged in housing. Chu Huan does not want them to lose too much. After all, they have lost money, which means that
There will be losses if you follow Chu Huan!
"In addition, He Bingguang from Zhulu, Qiao John from Hehui, and Wen Mingzhang from Real Estate have recently reduced their cooperation projects with Xiangjiang real estate developers and focused more on land reserves!"
Xu Yi nodded and said: "Okay!"
Xu Yi then reported to Chu Huan the situation of each company, and it was already evening.
Chu Huan also took a car to Zhao Yazhi's villa. Cao Yunshang had already gone to Italy to preside over the final step of the acquisition of Gucci. At the same time, he also wanted to inspect the business of Empire Fashion Group in Europe.
Zhao Yazhi has already given birth to Chu Huan's second son, Chu Shipei.
Compared with the sensation when Chu Shifeng was born, Chu Shipei's birth was much more low-key.
Although Chu Huan has arranged professional nanny care for Chu Shipei, Zhao Yazhi's parents still stay here to take care of him.
Chu Huanzai came to Zhao Yazhi's room and saw Zhao Yazhi looking at Chu Shipei lying on the crib.
"Asleep?" Chu Huan came to Zhao Yazhi and asked softly.
"Well, I just finished eating and fell asleep!" Zhao Yazhi also said happily.
Chu Huan nodded and comforted Zhao Yazhi: "You have suffered during this time!"
Zhao Yazhi smiled and shook her head and said: "It's not hard, the little guy is actually quite sensible, plus he has a nanny and mommy at home to take care of him!"
The two sat on the bed, chatting casually. After a while, the nanny came in and took the little guy away. At the same time, a servant delivered dinner to their room.
"Brother Huan, TVB sent me a script today. I hope I can be the female lead in it!"
Zhao Yazhi ate her confinement meal in pain and talked to Chu Huan.
Chu Huan said dissatisfiedly: "What happened to Liang Risi? I wonder if you are still in confinement here? I have sent you the script at this time?"
Zhao Yazhi laughed softly and said: "I don't blame Manager Liang for this matter. I called the TV station a few days ago. I was almost sick from boredom after staying at home for more than a year, so I thought I would wait until the show was over.
After confinement, when your health is better, go out and work for a while, otherwise you will really get sick from boredom.
Moreover, Manager Liang also told me that this script will not be released until September or October. The purpose of sending it now is to familiarize me with the script!"
Chu Huan nodded and said: "No matter what, it's better not to tire yourself out. Besides, you are not short of money now, so you don't have to work?"
Zhao Yazhi said: "There's no point in staying at home all the time. It's okay to work occasionally. Brother Huan, don't worry. I know my own body!"
Seeing that Zhao Yazhi had already decided, Chu Huan did not say anything else, but just said: "Okay, but before you go, you have to have your doctor at home pass a physical examination!"
"Yeah!" Zhao Yazhi smiled and nodded, then thought of something, got up and took a script from the bedside where she was sleeping and handed it to Chu Huan. She said coquettishly: "Brother Huan, help me read this script.
How about it?"
Chu Huan smiled and said: "I'm not a professional screenwriter, how can I understand the quality of your script?"
Zhao Yazhi said coquettishly: "Who in the whole of Xiangjiang doesn't know your ability to make up stories, Brother Huan? Are you just going to show it to me?"
Seeing this, Chu Huan had no choice but to take Zhao Yazhi's script, and then saw the three big characters "Shengtan Beach" written on the cover!
Unexpectedly, after all the twists and turns, this TV series still found Zhao Yazhi.
Although he already knew the content of this TV series, Chu Huan still watched it carefully for a while, and then said: "The story is good, it may become a hit!"
Hearing what Chu Huan said, Zhao Yazhi became even more happy.
Chu Huan actually didn't care that much about these so-called classics at this time, and said to Zhao Yazhi: "Tomorrow I will ask Xu Yi to customize a few RVs for you. When you are tired from filming,
You can also take a good rest!”
Zhao Yazhi said with some worry: "Is this too exaggerated?"
In later generations, it was almost standard for celebrities to have RVs when filming, but now, stars in Xiangjiang really don't have this kind of treatment. Even on the set, only the director has a chair to rest on, and everyone else just finds a good place to sit.
It doesn’t matter if you are the protagonist or a supporting actor!
That’s why Zhao Yazhi asked such a question!
Chu Huan laughed and said, "Is it an exaggeration? I don't realize it at all!"
Chu Huan stayed at Zhao Yazhi's house that night, and of course did nothing. However, in the middle of the night, the phone in the bedroom suddenly rang. It was Xu Yi!
Also, typos should be corrected first and then corrected. Huangshan will continue to code~