There is still not much coolness in Hong Kong in October, but the Hong Kong stock market has really given many investors a chill.
Although the core real estate and bank performance in the third quarter is still good, companies including Huihong Group, Lane Crawford, Watsons, Tesco Electric, Jiayi Film and Television, Jiayi Culture, etc. have been affected by the influence of the US, Japan and South Korea governments and enterprises.
In response to the suppression, the growth rate of revenue in the third quarter was much lower than that of the same period, and profits rarely declined.
Compared with stock investors, Li Jianhui was very calm after receiving the news. He had already expected this, and also reminded the senior executives of these companies in advance, asking them to do a good job in the ideological work of the company's management and employees, and not to bear any responsibility.
Don't be discouraged by this burden.
On the afternoon of the 16th, Li Jianhui personally went to Huihong Group, a company founded by Xin Jian.
Although the group's registered place has been transferred to Donghua Territory and its headquarters has been moved to Vancouver, its senior management and key employees are still working in Xiangjiang.
Because of Li Jianhui's industrial layout, Huihong Group's performance in the stock market has not been very satisfactory in the past two or three years. At its peak, the market value was as high as more than 220 billion Hong Kong dollars. However, as of the close of trading this morning, the market value has been less than half.
If there are no major breakthroughs in profitability and performance in the future, it will become a reality in the near future that Huihong Group's stock market value will exit the ranks of hundreds of billions of companies.
When it comes to Huihong Group's profitability, it is actually not much worse than the year when the market value peaked. Unfortunately, subsequent performance and profits have not been able to meet the expectations of investors and even investment institutions, which has also led many institutions and investors to choose to abandon Huihong Group.
Huihong Group, which was once the largest listed company in Hong Kong and a safe haven for many investors and institutional investors, has become history. Its stock price has also been falling for several consecutive years, and there is still no sign of rebound.
In the third quarter, due to the suppression by the governments and capitals of the United States, Japan and South Korea, performance and profits declined significantly compared to the second quarter and the same period last year. Therefore, yesterday evening Huihong Group released its third quarter financial report
, the market value fell by nearly 5% this morning.
As for whether the senior management of Huihong Group has any thoughts or dissatisfaction with the current situation faced by the group, it is definitely true that Huihong Group has made a lot of profits in the past few years, but every year the profits are taken out as dividends and nothing is left for use.
The expansion of the group's industry has resulted in a single industry and no new profit growth points.
In this regard, the senior management of Huihong Group has proposed to Li Jianhui more than once that they hope to enter other industries, such as finance and real estate, while focusing on game development, production and sales.
But every mention was vetoed by Li Jianhui, and the annual profits were taken away in the form of dividends, giving them no chance to invest in other industries.
If we were to select a company that had the most grievances within the Xinjian Group, then Huihong Group would definitely be among the best, and could even be said to be No. 1 among many group companies.
After Li Jianhui arrived at the headquarters of Huihong Group, he was not in a hurry to hold a high-level meeting. Instead, accompanied by Toru Iwatani, he went to the game research and development center to learn about the progress of several key research and development projects of Huihong Group.
In recent years, Huihong Group's legendary performance in the gaming industry has also attracted numerous game R&D elites to join, especially elites from Japan, Taiwan and other places. This has also made Huihong Group's game R&D center full of talents.
In addition, under the leadership of Toru Iwatani, an elite in both game development and business management, Li Jianhui has rarely intervened or interfered with the development issues of Huihong Group in recent years.
Although Li Jianhui is no longer relied upon for guidance on major creative ideas as at the beginning of the group's establishment, and Li Jianhui is even more required to participate in game development, in the past few years Huihong Group has still produced a number of games that are best-selling in major markets around the world.
After encouraging some employees, Li Jianhui said: "For some reasons, our Huihong Group has some relatively negative rumors.
But please rest assured that there is no problem with the development direction of Huihong Group. The reason for some rumors is just the contribution made by Huihong Group to the development of brother enterprises.
We, the directors on the board of directors of Huihong Group, will not deny everyone’s contribution and achievements to the development of Huihong Group, and everyone does not need to worry about their own work and remuneration.
Huihong Group is an industry started by me, Li Jianhui. No matter how many industries I own in the future, Huihong Group will always have a special place in my heart.
Although I rarely come to Huihong Group now, I have always been concerned about the development of Huihong Group and have formulated a grand blueprint for the development of Huihong Group.
Huihong Group is now on the eve of the dark clouds dispersing. We hope that everyone will not be disturbed by the outside world and focus on work.
When the dark clouds clear, I believe it will not be a problem for Huihong Group to return to the top of the list of listed companies in Hong Kong, and becoming a top ten listed company in the world will not be an unattainable dream."
Li Jianhui's words may seem like pie-in-the-sky to outsiders, but the management of Huihong Group and the veterans who joined in the early days firmly believe it.
This is not their blind worship of Li Jianhui, but there is a precedent. Back when Huihong Game Company was first established, Li Jianhui also talked about the grand blueprint for the company's development. At that time, almost all employees thought that Li Jianhui was young and frivolous, but only
In more than a year, Li Jianhui's wild words were realized.
Now that Li Jianhui has said this, they believe that in the near future, Huihong Group will surely rise again and become one of the world's top companies.
And Li Jianhui did not let things go without hesitation. With the rapid development of the computer industry in the past two years, the time has come for Huihong Group to expand.
The first expansion industry that Huihong Group entered was email. Although the market in this area is still very small at present, there is still an option to enter.
As for the chat communication software, due to the current market and Internet speed, Li Jianhui is still prepared to wait. After all, ICQ in another life's memory only appeared in the mid-1990s. Although it caused some butterfly effects because of him, in this case
There is not much push from the front, and there is still plenty of time. Li Jianhui is not in a hurry yet.
Regarding the corresponding search engine, Li Jianhui is also not in a hurry. When the market rises in the future, Huihong Group will come up with it to quickly seize the market.
Facing these employees, Li Jianhui inevitably talked about some rumors in the world these days.
“As for the immigration issues of my family and some of my relatives and friends’ families, you don’t need to worry about this.
First, Huihong Group itself needs to be transferred, and recent events have not had any impact on Huihong Group.
As for everyone, the group will also seek your opinions. Those who are willing to stay in Xiangjiang can continue to work in Xiangjiang. The headquarters of Huihong Group has been transferred, but the game R&D and design company will still be retained here, but it will be downgraded to a branch by then.
.
Those who are willing to go to the Vancouver headquarters can transfer there with the headquarters at that time, and arrangements for everyone's work and residence will be made there.
If you neither want to work in Xiangjiang nor go to the Vancouver headquarters, you can also go to Johor Bahru. Early next year, Huihong Group will establish Huihong Johor Bahru Game R&D and Design Company.
Moreover, brother companies have established Xinjian Chinese School and Nanlong University in Johor Bahru, which is enough for our children to study there.
Therefore, everyone does not need to worry about their jobs and future prospects. As a member of our Huihong Group, our group will never abandon any employee."