When the principals of several major exchanges and the Hong Kong Monetary Authority held a joint press conference, the entire Hong Kong stockholders, securities companies, investment companies, etc. exploded.
This is not the 21st century. Trading is still mainly conducted in the exchange hall, and stock information is mainly viewed on the screen in the hall.
After this adjustment, it will affect the choices of many investors and small and medium-sized investment institutions. They who have stayed at the Far East Exchange for a long time are likely to choose to go to the Kowloon Exchange.
Fortunately, the Far East Exchange came to the rescue. On the morning of September 18, Wang Haichuan, Vice Chairman of the Board of Directors of Huihong Group and Group President, announced that the group had submitted a listing application to the Far East Exchange and it is expected that it will be listed on the Far East Exchange on October 1.
Listed.
One stone stirred up waves. In Hong Kong, Huihong Group is known as the only two companies with the most strength in terms of market value, competing with HSBC. Another company, Xinjian Group, has made it clear that it has no plans to go public in recent years.
Once Huihong Group is listed, it will inevitably become the largest listed company on the Far East Exchange. Even if Wheelock Land is strong and Whampoa Holdings' market value exceeds 10 billion Hong Kong dollars, the two combined cannot compare to Huihong.
The listing of just one company is enough to offset the impact of the loss of many listed companies on the Far East Exchange.
Li Jianhui no longer paid much attention to what was going on with the Far East Exchange. On the morning of the 18th, he brought his assistant Su Jiangting, Huaxin Technology President Yang Chengbin, Huangpu Shipping Group President Clay Johnson, Wheelock Land President Su Hongtao, and Tesco Group
President Li Qungang, Jingyi Electrical President Xu Zhichao, Xinjian Bank President Peng Kezhi, Jiayi Group Vice President Ye Jiexin and others arrived in Bangkok on a Xiangjiang Airlines charter flight.
This time, Li Jianhui will attend the ASEAN Economic Summit on the 19th and discuss cooperation with the five ASEAN countries.
ASEAN attaches great importance to this meeting this time. Not only high-level officials from ASEAN countries will attend, but also business elites from the five countries will attend.
We also invited Li Jianhui, Li Qungang, Su Hongtao, Shen Bi, Bao Yugang, Nubigian, Shi Huaiya and other Xiangjiang business elites.
Of course, the heads of companies with great influence in ASEAN such as Taiwan, Japan, South Korea, the United States, Western Europe, and Australia have also received invitations from ASEAN.
The main topic of this ASEAN Economic Summit is to discuss the future of ASEAN's economy, promote ASEAN's economic development, and strengthen cooperation among all parties.
As the world's richest man, Li Jianhui was also invited to speak at the economic summit.
After the ASEAN Secretary-General and major leaders of various countries spoke, Li Jianhui was the first business person to take the stage.
Looking at the nearly a thousand people present, Li Jianhui did not show any timidity at all, and he did not even prepare a speech.
After some polite remarks, Li Jianhui entered today's topic.
"Since the establishment of ASEAN, the economic development of the five ASEAN countries has achieved rapid development. I personally am very optimistic about the future of ASEAN.
The development of the world economy lies in circulation, and the same is true for the development of ASEAN. If circulation and industry restrictions are lifted and entry barriers are lowered, I believe that the speed of ASEAN's economic development will further increase.
…”
No matter where you stand and what you say, whether it is lifting circulation and industry restrictions or lowering entry barriers, it will be beneficial to Xinjiang and can indeed promote the economic development of ASEAN.
After all, if countries lift restrictions on some industries, foreign capital will be able to easily enter major industries and stimulate the development of the local economy.
However, it is difficult to say whether this is good or bad for the local government and people, especially when it comes to large consortiums such as Japan and the United States. If there are no restrictions on the industry, I am afraid that the economies of ASEAN countries will easily be controlled by major consortiums. Li Jianhui also used the same excuse.
idea.
Representatives from Japan and South Korea spoke more about ASEAN market integration, intra-ASEAN product tariffs and other issues.
With the rapid development of Japan, some companies are now gradually placing their production in ASEAN countries, and ASEAN countries are also the main raw material production areas for Japanese and Korean enterprises. If the tariffs of ASEAN countries are significantly reduced, or even zero tariffs are achieved, it will be a big blow to them.
Very beneficial to the business.
Of course, these people's speeches focused more on the benefits of lowering tariffs within ASEAN to ASEAN countries, and did not mention the benefits to themselves.
Each and every one of them spoke with great righteousness, as if they were all working hard to provide suggestions for the development of ASEAN countries, but at the end of the day, they were all for their own interests.
As for the future development direction of ASEAN industries, except for the business elites of ASEAN countries, these arrivals have not been mentioned much. All parties hope that ASEAN countries can develop their raw material export destinations with peace of mind. The current competitiveness of emerging industries such as semiconductors and computer hardware and software
It's already strong enough, no other strength is needed to come in.
Regardless of Japanese and Korean companies or European and American companies, Southeast Asia is defined as a place where raw materials are produced and products are sold.
They need Southeast Asia to provide them with cheap raw materials, and they also want their products to occupy the Southeast Asian market.
High-level officials from the Mainland also attended this economic summit. Listening to the speeches of these business representatives, he felt a chill in his heart.
Who are these entrepreneurs? They are all capitalists who eat people without spitting out their bones.
I had a good impression of Li Jianhui before and felt that Li Jianhui was worthy of the title of entrepreneur.
Today he finally saw another side of Li Jianhui. The world's richest man is no different from other capitalists. He is just as profit-seeking and pursues maximizing his own interests.
He can guarantee that if these countries really relax various restrictions, not to mention other places, the Malay economy is likely to be controlled by the Xin Jian system in the future.
Interests determine their respective positions. What these business elites hope most is market liberalization so that their operations will not be affected by politics.
This is obviously not accepted by governments of all parties, and it is impossible for the market to enter absolute liberalization.
At this summit, some representatives from the business community specifically raised the issue of copyright.
Pirated copycats do not exist in two places. For example, game products owned by Huihong Group have many pirated copies in the Southeast Asian market.
Piracy of records and movies owned by Jiayi is rampant, and the major groups cannot control the matter. After all, prosecution in these places has little effect.
In fact, there is nothing substantive on this day. The real cooperation will still be in the follow-up high-level talks with ASEAN countries.
Li Jianhui brought a huge delegation here not just for tourism, but to speed up the market layout in Southeast Asia and turn it into a relatively stable basic base for the Xinjian Department, so that the Xinjian Department can have more confidence when facing the pressure from the Japanese and American consortium.
I just didn't expect that the first person he would talk to was not the five ASEAN countries, but Brunei.
During this period, the future of foreign affairs and defense will still be under the jurisdiction of the British, and it will not be officially transferred to Brunei until 1984.
Li Jianhui did not pay much attention to this area before. It is small in area and has a population about the same as Lisboa. Most of its daily products are imported. Fortunately, oil and natural gas reserves are relatively abundant, which is also the main pillar of Brunei.
This time Brunei mainly hopes to discuss fishery cooperation with the Xinjian Department. Brunei, which has good fishery resources, has not carried out good development in this area.
Lane Crawford is currently the world's largest retail company of fresh agricultural products, and Brunei hopes that its fishery products can enter Lane Crawford supermarkets.
Li Jianhui also took a fancy to Brunei's rich oil and natural gas resources, and his gas company has great demand for this.
And he has always had ambitions for the oil industry, especially for the mainland market. In his previous life, it was rumored that Formosa Plastics planned to build an oil industry base in Ludao, and it could also be sold domestically. It was only stopped because of the opposition of the Baodao government. He wanted to give it a try