Although the public opinion in Hong Kong has calmed down, the Hong Kong stock market has not improved and is still in decline. Especially Huihong Group, which was once the largest listed company in Hong Kong, has a total market value that has fallen below the HK$120 billion mark, and other companies.
Compared with its peak market value, it has shrunk by half.
In the past few days, after attending banquets with Shi Huaiya, Zheng Yutong, Charter King, Robert Kuok, Li Zhaoji, Li Chaoren, etc., at 7:30 pm on the 24th, Li Jianhui arrived at the Xianghua Hotel in Central.
In a private room on the second floor, Li Jianhui and Li Jueshen sat opposite each other. The dishes on the table were quite rich for only two people, but it was a pity that neither of them paid attention to it.
To be honest, Li Jueshen had some thoughts in his heart about Li Jianhui putting himself in the last meeting, but it was a pity that he had to put aside his personal emotions because of his position.
After some polite words, Li Jue said loudly: "Li Sheng, the signing of the joint statement can be said to have been widely expected. The interests of more than 6 million citizens have also been fully considered. The existing economic system will not change, and the development of your enterprise will not change."
will not be affected.
It’s just that in the two months since the declaration was signed, the development of the situation is quite different from what we imagined. The three major stock indexes in the stock market have continued to fall, and investment transfers are also accelerating. What do you think of this?”
Li Jianhui didn't understand the meaning of Li Jueshen's words. Whether the stock market crashed or the investment was diverted, the main reason was that Donghua would cause it. On the surface, he was asking for his opinion, but in fact, he meant to accuse him.
“Over the years, I have always been a strong supporter of the return, and I am very grateful to the senior management for their understanding and care for us, so that we can survive and develop with peace of mind.
As for the decline in the stock market, it has nothing to do with the statement. The main reason is that it has been in a bull market for the past two years, with huge bubbles. Now that hot money has fled, a decline is inevitable.
And speaking of which, we should also be grateful for the release of the joint statement, otherwise the stock market would have fallen even worse.
In terms of investment, you also know that the Xiangjiang market is only so big. If Xiangjiang capital is trapped in the Xiangjiang market, it will undoubtedly break the arms of the Xiangjiang economy.
Fortunately, the good news is that Xiangjiang Capital has not rested on its laurels, and powerful companies are actively going global. Whether it is the northern market or the Southeast Asian market, Xiangjiang enterprises can be seen."
Li Jue had already learned a lot about Li Jianhui's sophistry. He could make Li Jianhui's sophistry come out clean, and he was so well-founded that it was difficult for others to refute him.
This time it was clearly the Tung Wah Society that caused the turmoil for its own interests, but Li Jianhui was forced to say that it was for the good of Hong Kong's economy and future development.
"Our senior management is also willing to see more world-class companies emerge in Hong Kong, and actively supports Hong Kong companies to go global. As reform and opening up continues to advance, our mainland market for Hong Kong companies is also constantly expanding. All places welcome Hong Kong companies to come forward."
Go invest.
Moreover, compared with the Southeast Asian market, our mainland market has more advantages for Heung Kong Capital. Hong Kong and mainland China belong to the same country, and Hong Kong companies will never be subject to special restrictions or suppression on their development in the mainland.
Many of Mr. Li's companies are industry leaders in Heung Kong and have provided strong leadership for Heung Kong Capital. We sincerely hope that more of these companies can develop in the mainland."
"The mainland market has always been the core development market of our Xinjian Group. Especially since this year, many large-scale projects including highways, airports, ports, etc. have started construction. The proportion of the mainland market in Xinjian Group's global market has increased significantly.
In the future, Xinjian Group's companies will continue to increase investment in the mainland market, while promoting the development of their own industries, they will also make a contribution to local economic development."
After responding to Li Jueshen, Li Jianhui changed his tone and mentioned the recent public opinion about some real estate companies hoarding land.
"President Li should be aware that the Bryan government's policy is to introduce 300,000 people to settle in Xiangjiang every year. In addition, the number of international students in Xiangjiang continues to increase. It is expected that by September next year, the number of international students each year will be close to 200,000.
According to the joint statement, no more than 50 hectares of land will be transferred each year, which includes not only residential land, but also industrial land and other commercial land.
If there is not enough land bank, you can imagine what the situation will be like.
Although I, Li Jianhui, and members of the Tung Wah Association in Xiangjiang are both businessmen, we have been born and raised here, and we all hope that everyone in Xiangjiang will have a home.
Huge sums of money were previously spent to reserve land for temporary cultivation of vegetables, but this was just to prepare for the future.
If it is really about profit, the Japanese market is far superior to the Xiangjiang market in terms of scale and profitability. Our Tung Wah Association companies can invest in the Japanese real estate market, so why waste funds on it.
I hope that certain people or forces will not disregard the facts for the so-called public support and use public opinion to discredit those companies that have contributed to the local area.
Without these companies, I believe the property prices you see now would not be just this price.
On the contrary, some companies shout loud slogans and earn no less profits. I hope President Li can see the essence clearly and not let some slogans affect his judgment."
Although Li Jianhui did not name him by name, Li Jueshen knew very well that Li Jianhui was talking about his own side and some people on the left.
And from Li Jianhui's words, he also heard Li Jianhui's dissatisfaction with some aspects, especially the fifty-hectare limit that was highlighted, which was extremely detrimental to the Donghua Association, which was interested in developing high-tech industries.
It was a pity that some things were decided by the superiors and Li Jueshen could not change them. He could only try to appease them and avoid causing greater turmoil.
"Mr. Li, I have also heard about public opinion in this regard. Since the release of the joint statement, although the stock market has plummeted due to some reasons, the property market has rebounded rapidly.
In just two months, the property price per square foot in the central city has been close to HK$1,000. In several major new towns, property prices have returned to HK$500. In Tianshui New Urban Area and Tseung Kwan O New Town, property prices have returned to their peak.
Breaking through HK$800.
Although the Bryan government is accelerating the construction of public housing estates and the third phase of the Tianshui City project is also under rapid construction, it still cannot prevent the rebound in property prices.
You also said that you hope that more than six million citizens will have their own homes, but currently there are still many citizens who do not have a home of their own. Due to the rapid rebound in property prices, public opinion will inevitably be biased against some companies. I hope Mr. Li will not mind it.
As for the quantitative limit on land transfer, this is also for long-term stable and sustainable development. After all, Xiangjiang is small in area. If it is not controlled, there will be no land available in a few years.
As for industrial land, our mainland can make a good supplement. Pengcheng is only separated by a river. Enterprises here can completely put their production in Pengcheng. This not only saves land costs, but also saves labor costs and makes the company's products more efficient.
competitive.
Regarding some enterprises, I also hope that Mr. Li can put aside some of his stubbornness and prejudice. I know that Mr. Li grew up in Hong Kong, so he puts Hong Kong first in everything.
We both belong to the same country, and although some companies have indeed made far greater contributions to the mainland than Hong Kong in recent years, everyone is making contributions to the country and nation."
The meeting between the two tonight was not too pleasant, but fortunately they reached consensus on some aspects. When Li Jianhui returned to Jinghua Village, Li Jueshen also wrote a report on tonight's meeting and sent it to the superiors, with key points mentioned.
The fifty hectare problem.
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