Although he is dissatisfied with some people, Li Jianhui is still very patriotic in his heart, and he is even a nationalist deep in his heart.
Looking through history, I don’t know when something actually came before the country. So don’t blame Li Jianhui for following the ancients’ approach of family, country and world.
Now that Xinjian Group has a large amount of cash in hand, Li Jianhui will naturally not let it idle, in order to allow some of its groups to accelerate the expansion of markets in various places.
Wheelock Holdings, Whampoa Holdings, Whampoa Shipping Group, Wheelock Land, and Amoy Group have successively issued announcements and applied to the Far East Exchange.
Among them, Wheelock Holdings will issue an additional 200 million new shares, which will raise more than HK$5.3 billion for the group based on the current price of HK$26.83 per share. After the financing is completed, the total market value of Wheelock Holdings will exceed more than HK$18 billion.
Wheelock Land also issued an additional 200 million new shares. Currently, Wheelock Land's total share capital is 760 million shares, with a unit price of HK$16.73 per share, and a total market value of more than HK$12.7 billion. After financing, the market value will exceed HK$16 billion.
The current market value of Wheelock Land is relatively low, firstly because the Wheelock Plaza project currently only has inputs but no output, and secondly, it is also affected by the downturn in Hong Kong real estate.
Huangpu Holdings also issued an additional 200 million shares this time. Based on the current price of 21.42 Hong Kong dollars per share, it will raise more than 4.2 billion Hong Kong dollars for the group. After financing, its total market value will also exceed 17 billion Hong Kong dollars.
Huangpu Shipping Group issued an additional 100 million new shares. Based on the current share of 16.28, it will raise HK$1.628 billion for the group. After financing, the total market value will exceed HK$10.7 billion.
Taota Group raised 50 million shares this time. Based on the current price of 8.24 per share, it has raised 412 million Hong Kong dollars for the group. Taoda's total market value will also reach more than 1.6 billion Hong Kong dollars.
At the same time, Tesco Group, which is not listed on the market, also announced that the group has raised 2 billion Hong Kong dollars, and the major shareholders of the group will contribute capital in proportion.
Xiangjiang Airlines Group also did not stop. It also held a press conference on the same day to announce that the group had received an investment of HK$5 billion from Xinjian Group. In addition to the construction of the airport base, the group will once again increase the size of the group's fleet.
Many announcements have been made. Xinjian Group has invested more in Xiangjiang Airlines. Wheelock Holdings is responsible for e-commerce and Wheelock Land. Huangpu Shipping is also responsible for Huangpu Holdings. Xinjian Group only needs to invest in these two companies in proportion to its shares.
A large holding group will do, and there are hundreds of millions of Hong Kong dollars in Taoda, and the total investment is less than 10 billion Hong Kong dollars.
Part of the funds still in hand will be used for the construction of new buildings in Hong Kong, Taipei, Kuala Lumpur, Bangkok, and London, and the other part will be used for emergencies.
After more than a year of rapid expansion and financing, major funds no longer have much capital in hand. In the future, their industries will rely more on their own development to support industrial expansion.
Several funds with a fixed profit of 12% at Lanfeng Holdings have also been stopped. Due to the growing butterfly effect of Li Jianhui, he does not dare to gamble heavily in the stock market. Now investment operations are more for the elites to make their own decisions.
.
The happiest person on this day is undoubtedly Li Fuzhao. He puts most of his thoughts on the Far East Exchange. His biggest wish is that one day the Far East Exchange can surpass the Hong Kong United Exchange.
Currently, the company with the largest market value in Hong Kong is listed on the Far East Exchange, and it is likely to become the first company in the history of the Hong Kong stock market with a market value exceeding 100 billion Hong Kong dollars through its third quarter financial report next month.
Now that many listed companies under the Xinjian Department are issuing additional shares, the total market value of the Far East Liaison Office will rise to a higher level.
If we do not count futures trading and the support of gold and silver spot to the United Exchange, it is only less than the total market value of listed companies, and the Far East Exchange is not far away from the United Exchange.
This also makes him increasingly hope that companies such as Li Jianhui's Tesco Group, Xinjian Real Estate, and even Xinjian Group will be listed. As long as these companies are listed, the Far East Exchange will surpass the Hong Kong Stock Exchange and become the largest listed company stock exchange in Hong Kong.
.
For this reason, Li Fuzhao specially hosted a banquet for Li Jianhui that night, firstly to communicate with him about the arrangements for the additional issuance of shares by several major listed companies, and secondly, to see if he could get through Li Jianhui's work and promote the listing of more Xinjian-related companies.
"Second Uncle, the current stock market situation is not very good. If my industries had not expanded too fast in Southeast Asia this time, I would not have raised such large-scale financing.
As for the listing of new companies, I plan to wait for three or four years. It is estimated that by then the overall situation will be determined, and both the stock market and the property market will recover, and only then can we obtain greater benefits."
Li Jianhui is not stupid now. If the company lacks funds for development in the past few years, he will probably find a bank loan.
Once the joint statement is issued, the market value of Xinjian Real Estate, which holds a large amount of land reserves, will skyrocket.
As for Xinjian Group, Li Jianhui will not let it be listed now or in the future.
He has to wait and see about the Tesco Group. The group's current profits from Lane Crawford, Watsons, IKEA convenience stores, and the Tesco Electric Appliances chain are enough to meet the group's normal expansion.
"Jianhui, don't worry, uncle. The United Exchange not only trades securities of listed companies, but also has soybean, cotton and other futures trades, as well as spot trades of London gold and London silver.
The only thing that our Far East Trading can surpass the United Exchange is the total market value of listed companies.
You also know that the National Security Bureau has the final say in the family, and my main focus is on the Far East Exchange. I feel uncomfortable seeing the gap between the daily turnover of the Far East Exchange and the United Exchange getting wider and wider."
Li Jianhui was quite speechless about this. The Far East Exchange and the United Exchange were not on the same level at all in terms of trading volume.
The other party has a futures market and a spot market for gold and silver. Through margin and leverage, the transaction volume is terrifyingly high.
Anyway, he doesn’t think the Far East Exchange will ever surpass the United Exchange in terms of trading volume. After all, as time develops, there will be more and more types of futures. It is enough to have one exchange in Hong Kong for futures trading, and no more will be approved.
The second exchange that conducts futures trading, don’t even think about Far East Exchange here.
The goal of the Far East Exchange should be to be the largest listed company stock exchange in Hong Kong and even Asia. In the future, it can also use the bear and bull contracts as a sideline. After all, this is usually done by third parties (securities institutions, investment banks, etc.)
Issuance has little to do with the exchange. The exchange itself is not involved in futures.
However, Li Jianhui has no plans to put this plan forward for the time being. Firstly, the stock market is currently relatively sluggish. Secondly, the Far East Exchange is still relatively small. Hong Kong is still far away from the world's third largest financial center.
Seeing that Li Jianhui did not waver at all, Li Fuzhao had no choice but to give up the persuasion and began to discuss with Li Jianhui the additional issuance of shares.
In order to better maintain the stability of stock prices, it is impossible for several major groups to issue additional shares on the same day. Considering the actual situation of the Far East Exchange, one company is allowed to issue additional shares every Monday and Thursday.