In the next half month, the world's hot money was in a relatively quiet state and did not attack Xiangjiang Finance.
On January 16, major listed companies announced their fourth quarter and last year's annual financial reports. Because of Hang Seng Bank's involvement, HSBC's profits dropped by nearly 30% from the end of the previous year.
As soon as the announcement came out, HSBC's stock price immediately fell sharply. On the contrary, Huihong Group successfully topped the list of Heung Kong's net profits last year.
Due to the negative news of Li Jianhui's stock price reduction and Wang Haichuan's resignation, Huihong Group's stock price has been in a downward trend for more than half a month, and its total market value once fell below HK$50 billion.
As soon as the financial statements came out today, and Huihong Group announced to the public, Li Jianhui's off-market share reduction has been completed, and Defeng Bank, Xingsha Holdings, and Quanyuan Holdings have become the new major shareholders of Huihong Group.
These are very well-known financial groups in the world in the past two years, especially De Maple Bank, which is backed by Blue Maple Holdings and the Cavendish family. Its strength is extremely strong. Although the bank has not been established for a long time, it has already established a strong presence in the world.
Business offices have been established in England, Hong Kong, the United States, France, Germany, Italy, Singapore, Malaysia, Canada, Australia, Taiwan, Japan, New Zealand, South Africa, India and other places.
Quanyuan Holdings is also extremely dazzling, especially last year when it established relations with the two major consortiums Mitsui Mitsubishi. It is currently undergoing large-scale expansion in the Japanese market. In addition to owning Quanyuan Bank and Quanyuan Investment, it also owns real estate, animation, film and television, and theaters.
line, trade, retail, toys and other industries.
Xingsha Holdings has always been known for its mystery. Although it is registered in Xiangjiang, the shareholder behind it is a Cayman Islands fund. At present, few people know which party this company belongs to.
Although it was once rumored that it had a lot to do with the California consortium, the president of Merrill Lynch Greater China later denied this statement.
Regardless of who is the sponsor behind this, what cannot be denied is the strength of Xingsha Holdings Group. Just through the shares of listed companies it is known to own, its market value exceeds HK$8 billion, which means that its group is not listed.
Otherwise, it will definitely become one of the top five financial groups in Hong Kong by market capitalization.
In addition to HSBC, Standard Chartered, and Xinjian, even the three major holding groups of Jardine Matheson, Wheelock, and Whampoa cannot compare with it.
Due to the double benefits, the stock price of Huihong Group has risen significantly. As of the close of the day, the total market value of Huihong Group has returned to the 55 billion mark. I believe that it will not take too long to exceed the 60 billion market value.
The results of the Xinjian Department are also very dazzling. The annual results of Xinjian Bank, Lane Crawford, Watsons, Taohua Datong, Jiayi Group, Hutchison Real Estate, and Whampoa Holdings have far exceeded market expectations, and their stock prices have also rebounded strongly. Although
It has not yet reached the highest peak before the Carin incident, but today is a positive signal, and there will definitely be another wave of gains next week.
While there is good news, there is also a lot of bad news. Wheelock Land was in a bit of an embarrassment last year because it was positioning itself as commercial real estate and following the Wheelock Plaza model. So far, it was just investment and not much gain.
Even if it relies on some other businesses to make profits, it still cannot make up for the pain of transformation. The stock prices of major listed companies in the Xinjian Department are soaring, but Wheelock Real Estate has seen a small dive in its stock price due to the release of its financial report.
After Huihong Group left, Wheelock Land Xinjiang was unable to hold on to its position as the number one listed company. Today it was officially overtaken by Lane Crawford and Hutchison Land, and has now fallen to the third position.
Fortunately, Wheelock Holdings was dragged down by it, and Whampoa Holdings was also dragged down by Whampoa Shipping Group, which is a close brother of Wheelock Land. Its market value did not surpass Wheelock Land.
Whether it is Wheelock Land or Whampoa Shipping, the decrease in profits is just due to investment, while some companies are in big trouble.
Because the Hong Kong Securities Law has increased the penalties for financial fraud, major listed companies this time do not dare to falsify quarterly financial statements and annual financial statements as they did in the past, so that the fourth quarter financial statements and annual financial statements are very
It doesn't look good.
Regardless of whether they invest in securities companies or stock investors, they are not fools, so why don't they understand the fishiness involved? As soon as the financial statements of these companies are released, the stock prices immediately plummet.
Especially in the textile and clothing, import and export trade, hotel service industries, etc., looking at the comparison between this financial statement and the previous one, many companies have something fishy.
Especially for silk clothing, Xiangjiang has a large number of related industries. Unfortunately, in terms of clothing, it is mainly OEM for well-known European and American brands, so you can only earn some hard money.
It's just that Xiangjiang's economy has grown rapidly in recent years, and wages have also risen rapidly. These garment companies, which are mainly engaged in OEM, have become more and more cost-intensive, and their profits have become smaller and smaller.
In order to maintain the stability of their stock prices, some companies falsify their financial statements.
The introduction of strict laws this time has made many companies afraid to take risks, so many companies have shown their true colors.
So much so that today, listed textile and apparel companies are basically in decline. This is not just apparel companies, the upstream industry chain has also been hit hard.
It has to be said that the two major industries of Xiangjiang's stock price are the most stable: finance and real estate. Although some financial companies in these two industries have problems, most of them are rising due to their leading positions and huge base.
The Hong Kong Exchange also occupies a dominant position in these two sectors, and most of the leading companies in the three major exchanges are companies in these two industries.
Even if there are leaders in other industries such as Huihong Group, Lane Crawford, Watsons, Whampoa Shipping, Jiayi Group, etc., they still cannot change the current economic sector structure of Xiangjiang. Therefore, the three major indexes of Hang Seng, East Asia, and Kowloon collectively rose today.
In Li Jianhui's view, this is quite dangerous. Financial banks and real estate are very closely connected. Once one of them suffers a heavy blow, the other will also be implicated. Once there are problems in these two industries, there will be problems in Hong Kong's economy.
It is a pity that many families now only like industries with short investment time, high return rate and low risk, and are unwilling to enter industries with long return cycle, high R&D funds and uncertain return rate.
Even if he leads the Tung Wah Society members into the electronic semiconductor and Internet industries, he still won't be able to bring about much change. The current focus of the major families in Hong Kong is either finance or real estate, and some families are even focusing on both.
However, manufacturing has become a dispensable industry for major families. Typical examples are Li Chaoren, Lin Boxin and others. They all started out in the manufacturing industry, but now their focus is on real estate.
Lixin Garments is a well-known clothing company in Xiangjiang, but until now it has not had its own well-known brand, which has to be lamented.
Regardless of the choices of the major families in Hong Kong in terms of industry, or the investors who are excitedly celebrating because of the rapid growth of the stock market, Li Jianhui is very clear-headed, and naturally he will not remain indifferent to the hot money coming in.
Maybe there will be another Black Thursday or Black Friday next week. Even if Li Jianhui and others know that the rise in the stock market will only make hot money more money, they don't have much to do to stop it unless they trap the hot money. Inside, otherwise the hot money would have been earned.
For the sake of the stability of Xiangjiang's economy, and for the better development of the Xin Jian Department in the future, Li Jianhui specifically contacted the chartering king, Shen Bi, New Big Kin, Li Zhaoji and others to communicate with them and work together to deal with possible attacks by the world's hot money.