After the stock market was suppressed by Xin Jianxin and allies, the stock price was like a wild horse running wild. In the afternoon, the stock prices of many listed companies rose by more than 10%. Wheelock Land benefited from the opening of Haojiang Wheelock Plaza and rose that day.
17%, and the total market value exceeded HK$19 billion.
Huihong Group once again created the highest market value of a stock in the history of the Hong Kong Stock Exchange, rewriting this record to HK$134.7 billion. Although it fell back to HK$128.1 billion at the close, it still attracted attention from all walks of life.
As the leading bank, HSBC has also experienced an explosion. Today it has soared by 18.4%, and its total market capitalization has once again exceeded HK$70 billion. In its current form, it may break the record for HSBC's highest market capitalization again tomorrow.
Today, the vast majority of people are happy, especially those who have held shares for a long time. This bear market has lasted for nearly a year, and now they are finally seeing the sun.
Moreover, the trading volume of the three major exchanges today also reached a new high in the past year, and the major exchanges have also benefited greatly from this.
Listening to this news, Li Jianhui didn't say much. The sharp rise in the stock market this time is obviously not a normal phenomenon. The more violent the rise is now, the worse the fall will be. I don't know how many people will be able to laugh on that day.
.
In a conference room in Xiangjiang, a group of people were communicating about today's stock market situation. As hot money investors, they should be happy today. However, these people were all frowning and it seemed that they did not achieve their goals today.
One of the fund representatives said: "Today seems to be different from what we imagined. The Donghua Association seems to have given up on protecting the Hong Kong stock market. Even if we can make a fortune in the stock market, we will not be able to hurt Donghua."
The foundation of the society.
Moreover, a Donghua who does not care about the interests of the bottom class will be more difficult to deal with, and some of our methods will have no effect.
I suggest expanding our attack scope and focusing on Tung Hwa Hui’s current key markets, the Taipei Exchange and several major exchanges in Southeast Asia.”
It's a pity that the representatives present did not respond to this person's proposal. The Donghua Association's business model is different from that of many forces, especially in the industries under the Xinjian Department. Its companies have very little debt, and many companies have zero debt. The market value of the stock market is
Whether it is high or low does not have much impact on it.
As for the impact of these investor losses on Tung Wah Hui's companies, there must be some, but the impact is not too great. After all, Tung Wah Hui's products are mainly for working-class people, not gamblers rushing into the stock market.
In fact, those present know clearly that it is not a good time to stir up trouble in the Xiangjiang financial market. As long as Donghua will ignore it, they will not have much effect except making a small amount of money.
It's just that some people behind the scenes have expressed through various incidents that the Donghua Society will definitely not let them take away their money in the Hong Kong stock market. Once the number of circulating shares in the stock market decreases, these companies will inevitably issue additional stocks on a large scale to trap them.
What they have to do is to wait until the additional shares issued by these companies in Xiangjiang exceed the carrying capacity of the Xiangjiang stock market, and then leave directly. At that time, they will leave a lot of chicken feathers, and then trigger a storm to attack several major financial groups in Xiangjiang.
Now it is obvious that the major forces in Hong Kong, especially the Tung Wah Society, have no regard for them. No matter how high they raise the stock price, when it falls back, these forces will have enough strength to take over and a financial crisis will not break out.
Moreover, they have to be on guard against the sudden appearance of any unfavorable news after a certain height, trapping them to death. After all, this matter has a history. For example, last year, a piece of news in London caused the stock market to plummet.
The people sitting here were originally representatives of giants from all sides. Now they just have a common opponent, but how can they be united.
I saw one of the representatives say: "Faced with a force like the Donghua Society, just relying on the methods of the stock market will not be of much use. You still need to come up with good products to compete with them in the market.
I can only say that you Californians are looking for the wrong path. Anyway, we at Citi will not fight on this this time. Today is Monday, and we will push it up for another day tomorrow, and we will start to leave the day after tomorrow. If you want to continue, and
We have nothing to do with Citi."
There were obviously people present who were dissatisfied with the Citi representative, and one of them said: "Don't think that we don't know what Citi is planning. In the past two years, Citi has never done its best, and has been working with Donghua."
Will maintain a good relationship.
We heard that Boeing’s vice president has arrived in Xiangjiang and is preparing to fight with Airbus for Xiangjiang Airlines’ aircraft orders this year, right?”
Citigroup representatives are too lazy to argue with each other. Competition is competition, and the business that needs to be done must still be done, especially with big customers like Xiangjiang Airlines.
The other party now has fifty passenger aircraft, and will purchase another twenty this year. And judging from the current development of Xiangjiang, it will continue to expand in the next few years. If Boeing does not hurry up with such a large customer, it would be a fool.
"Everyone, we are not sitting together to quarrel. No matter what you think, the development of the Tung Wah Association has seriously affected our interests. This is an indisputable fact.
Especially in the past two years, because of the Xinjian relationship, the British side has also become more and more powerful. If we dare to increase tariffs on Jaguar, Aston Martin, Bentley and other cars, they dare to increase our tariffs on General Motors and Ford.
Waiting for car tariffs.
And in some regional matters, the Iron Lady doesn't care much about our feelings. For example, Donghua Island is now rumored to be a separate Donghua Territory, and its territory also has the right to establish military forces. This is very important to Donghua Island.
It is definitely a huge threat to us.
This means that the Donghua Association can also stir up troubles in some regional affairs, especially in East Africa, the Middle East, and South Asia.
Once the Donghua Territory establishes an air force, its fighter planes will be able to take off from Donghua Island and reach these areas directly.
If we continue to allow Donghua to develop like this, I'm afraid that many of our industries will be blocked within the mainland.
Although only electronic semiconductors and computer hardware and software owned by the California and Texas consortium are currently being challenged, your core industries are also not safe.
Tung Wah Hui also owns a steel group and an automobile group, and is trying to cooperate with Canadian farmers to get into the grain and oil industry.
We also face huge challenges in finance. Not to mention London, which is still strong, Hong Kong has also developed rapidly in recent years. Especially after the realization of free foreign exchange convertibility, the financial vitality here is increasing day by day.
If there were no external influence, I am afraid that within a few years, Hong Kong would be on an equal footing with New York.
Don't take it too seriously at Citi. I heard that Airbus is already developing the Airbus A330 in order to make up for the shortcomings of ultra-long-range routes. At the same time, in order to optimize short- and medium-range passenger aircraft, it is also accelerating the development of the A320.
Once these two aircraft come out, I am afraid that Xiangjiang Airlines will completely change its fleet to an all-Airbus fleet. I believe that Mr. Michael knows better than I do Li Jianhui’s preparedness and hostility towards us. If given the choice, the other party will definitely buy Airbus.
Not Boeing."
Although what the representative of the DuPont family said was clear and logical, it was a pity that those present had their own agendas, and it was impossible to form a joint force.
Now they are facing the Tung Wah Association. The first is to use financial means to suppress the Tung Wah Association in the stock market. The second is to create a crisis for the Tung Wah Association through the situation in Hong Kong. The third is to use the US government to control the Tung Wah Association's products.
Suppress.
The problem now is that Donghua will not be afraid of these three things at all. Donghua will have enough strength to protect its own interests in the financial and stock markets.
Creating a crisis through the situation in Xiangjiang is of little use now. The Tung Wah Association's main market is no longer in Xiangjiang.
As for suppressing products, Donghua Association doesn’t take the U.S. market seriously now, and many industries have no intention of entering the U.S. market.
Their sudden action this time was mainly due to the listing of the Donghua Association's computers and the problems in the Donghua territory. This made the big bosses behind them unhappy and asked them to cause trouble for Li Jianhui and the Donghua Association.