Li Jianhui is naturally aware of the ups and downs outside, but this time he has given full power to CEO Huang Guangxing to see if he can solve this problem together with the senior executives of several major companies.
The day after Li Jianhui accompanied Zhou Jiayi in the hospital, the presidents of Wheelock Holdings, E-commerce Group, Lane Crawford, and E-commerce Appliances held a joint press conference at Wheelock Building, which was broadcast live on Jiashi.
Watching the TV, Zhou Jiayi said to Li Jianhui on the side: "It seems that we will have to give more consideration when coordinating cooperation with major companies in the future. Although the explanation was passed this time, it still caused great harm to our Xinjian Department.
Negative impact."
There is still a big difference between being listed and not being listed. If neither is listed, then there is no problem in playing whatever you want.
After listing, you must follow the rules. It is okay for its major companies to cooperate, but you must not sacrifice the interests of one party and let the other party make a lot of money.
The main reason for the commotion this time is that Lane Crawford and its parent company Tesco Group traced the control to Li Jianhui, and Jingyi Electric is a wholly-owned subsidiary of Li Jianhui.
Now Lane Crawford and Tesco Electric are sparing no effort to promote Jingyi Electric, which has seriously affected the cooperation between the two companies and other home appliance companies, and damaged the development prospects and interests of the two companies.
Whether they are investors who bought shares of Wheelock Holdings, the parent company of E-commerce Group, or investors who bought shares of Lane Crawford, they all believe that Li Jianhui is harming their interests and enriching his own pockets.
"We do need to pay attention to this matter, but now the main thing is to find out who is behind it."
It is actually not difficult to calm the public opinion this time. Jingyi Electrical Appliances can just give some rebates to Lane Crawford and Tesco Electrical Appliances. The more sales the two major companies have, the more profits they will make.
As for whether a contract has been signed before, this aspect is completely irrelevant to several major companies. Once the contract is typed and signed, and then stamped, no one can deny the authenticity of the contract.
If you really think about it, Li Jianhui has done things that harmed the interests of other shareholders many times before, but there has never been such a public opinion incident before, so he didn't pay much attention to it.
This time also reminded him that these listed companies are no longer his alone. He cannot do whatever he wants. The interests of each major company must be considered. In the future, even if all parties cooperate, they must follow
Come on.
As for who is targeting him this time, Xin Jian has many opponents, so he can't be sure. However, there must be a lot of suspicion on the part of the United Consortium. The first reports came from TVB and ATV.
I originally thought that the target was his Xin Jianqiu, but unexpectedly it was reported that afternoon that in order to protect the interests of the majority of shareholders, the Legislative Council would study securities trading-related bills in the near future.
At the same time, considering that multiple exchanges are not conducive to the trading and management of Hong Kong securities, the Hong Kong government intends to merge the four exchanges to establish the Hong Kong United Exchange.
It is obvious that the Jingyi Electrical Appliances incident was used as a reference this time, because the occurrence of this incident caused dissatisfaction among the majority of shareholders, and only by establishing relevant laws can we gain the support of the majority of people.
As for the establishment of a joint exchange, the government has considered this matter a few years ago. However, there is great resistance and it has not yet entered the implementation stage. This time the old matter is brought up again, and it is still unclear whether it can be merged.
The biggest conflict at present is the equity issue after the establishment of the United Exchange. Currently, the four major exchanges are all privately controlled, such as the Far East Exchange, which is mainly backed by East Asia Li Family Holdings, and Xinjian Group also owns 20% of the shares.
Judging from the current four exchanges, the one with the highest value is naturally the Hong Kong Exchange. Once the four exchanges merge, the controlling shareholders behind the Far East and Kowloon exchanges will lose control, which they are not willing to accept.
Especially Li Fuzhao, the Far East Exchange has been developing rapidly in the past two years. Although it is not as good as the Xiangjiang Exchange, it is far behind the gold and silver and Kowloon.
He is full of confidence that the Far East Exchange will surpass the Xiangjiang Exchange in the future, and he is even more prepared to make the Far East Exchange become another pillar industry after the Lee Family of East Asia and the Bank of East Asia, after Chinese home buyers.
Now that the Bryan government wants to merge the four institutions, he is naturally not willing to do so and even expressed his attitude through the media.
He also said that the merger of the four exchanges is not conducive to the development of Xiangjiang Finance. The reason why Xiangjiang Finance is becoming increasingly prosperous is mainly because the four major exchanges serve different objects and have different listing thresholds, creating differentiation.
If the four major exchanges merge, it will inevitably lead to the inability of some companies with potential but temporarily unable to meet the listing standards of the United Exchange to be listed and raise funds, which will also prevent these companies from growing.
We even take New York as an example. There are currently many exchanges there, the famous ones are the New York Stock Exchange, Nasdaq, and the American Exchange. Their differentiated development has created New York's status as the largest financial center.
The largest shareholder of the Kowloon Exchange, Wang Wang, also does not want the three exchanges to merge. He is trying to communicate with the mainland. When the time is right, he will guide some companies there to list here, and he wants to build the Kowloon Exchange into a mainland
The main exchange on which the company is listed.
There is a fierce debate among the top management of Xiangjiang over whether to merge the four exchanges. British Capital hopes that the four exchanges will merge and firmly control the Xiangjiang Exchange.
The Chinese-funded families have finally gotten rid of the restrictions imposed on them by the British-funded consortium, and they obviously do not want to go back to decades ago when Chinese-funded companies were suppressed from going public.
On the second day after Zhou Jiayi was discharged from the hospital, a shocking news came that the Heung Kong Exchange merged with the Gold and Silver Exchange and the Heung Kong Futures Exchange to form the Heung Kong United Exchange.
At the same time, the Hong Kong Monetary Authority sent an invitation letter to Li Jianhui, asking him to attend the shareholders' meeting of the Hong Kong United Exchange, Far East Exchange and Kowloon Exchange at 3 pm on the 16th. The main topic was communication and negotiation on the merger of the three exchanges.
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After the merger, the Hong Kong Stock Exchange is the only one. Even the Far East and Kowloon United cannot compare with the United Stock Exchange. If the three companies really merge, neither Li Fuzhao nor the chartering king will have much say in the new exchange.
right.
Although it was merged into one exchange in the previous life, his arrival brought about many changes. The Far East Exchange already had the strength to compete with the Xiangjiang Exchange before the merger.
Even if the United Exchange has merged, the Far East Exchange is not afraid. Recently, Li Fuzhao has reached a relevant cooperation agreement with the Taipei Exchange. Listed companies on the Taipei Exchange can go to Xiangjiang for secondary listing.
It won't be long before a group of powerful Baodao companies will land on the Far East Exchange to enhance the strength of the Far East Exchange.
Li Jianhui also does not want the Far East Exchange to be merged into the Xiangjiang Exchange. He does not think there is much of a problem with this development.
As for the dispersion leading to a smaller market and easily causing stock market turbulence, Li Jianhui is not too worried about this. He believes that several major financial groups in the Donghua Association are enough to maintain the stability of the Far East Exchange.