We are all reborn, who wants to be the richest man?
Chapter 234: Guidance on Hong Kong Stocks
After understanding how this income came from, the way Chris looked at Luo Nianzhong made him feel a little hairy. He was so sparkling and charming.
"Hey, I know you admire me beyond words, but you don't have to keep staring at me like this, right?"
"Hmph, you are so pretty."
After saying something disgusting, Chris directly gave Luo Nianzhong a sweet kiss, hugged Luo Nianzhong and confessed, "Husband, you are so amazing."
Chris doesn't usually say the word husband. He only says it on special occasions, just like "making up a lesson".
What else is there to say? My daughter-in-law is easy to learn and we must support her.
"What are you doing?"
Chris, who originally looked admiring, held down Luo Nianzhong's big hand that was wandering around his body, and leaned back a little with a vigilant expression.
"Uh, didn't you call me husband?"
"Yeah, what's wrong?"
Well, Luo Nianzhong knew that he would be wrong and quickly found an excuse.
"Nothing, just moving my arms."
Chris didn't pay attention and asked again, "I saw what you called Robert just now. Do you want to buy the bottom of Hong Kong stocks?"
"It's not buying the bottom, it's pocketing the bottom."
Hong Kong stocks broke through 1810 points last year, setting a new historical record.
Starting from 1978 points in 383.4, it has surged 3.7 times in just three years.
Among them, the ones that have reaped the biggest dividends are the Carnegie Group, Hang Lung Group, Changshi and Uncle Luo Nienzhong’s Yingjun Group.
Needless to say, Jianing has been on the market for two years and its market value has exceeded 10 billion through various acquisitions.
The latest market value is 123 billion Hong Kong dollars due to holding part of the shares of Jiani Computer, which compares with all the bosses and entrepreneurs on Hong Kong Island. Chen Songqing is in the limelight for a while, and it is the time when he is high-spirited.
Hang Lung Group relied on the surge in market value during this period to issue new shares to acquire Taohua Datong, established the current Hang Lung Properties, and became one of the real estate giants.
Since Cheung Kong acquired Hutchison Whampoa with the help of Luo Nianzhong, its stock price has soared like a rocket. Recently, with the help of Far East Bank, it has acquired a large amount of land in Kowloon Bus and Ho Man Tin Estate. Its current market value has exceeded Ten billion Hong Kong dollars.
Finally, Luo Yingjun's Yingjun Group blocked China Bus in the name of the listed company Bailibao.
For real estate developers, bus companies have great added value.
It is no longer possible to have land to build residential communities on Hong Kong Island. Faced with the skyrocketing population and housing shortage, new residential communities can only expand outward.
At this time, whether there are bus stops and whether transportation is convenient has become the first choice for home buyers when other conditions are similar.
With a bus company, you can be the first to set up stops at your company's properties. If other companies' properties want your bus company to set up new stops, you have to pay.
Therefore, the added value of bus companies to real estate companies is very large.
In Hong Kong Island, the stock market carnival is generally reflected in the property market.
Every bull market is the beginning of real estate speculators intensifying and spreading rumors.
Now disturbed by the sovereignty issue, the enthusiasm of stock investors has gradually cooled down, and the stock market is no longer soaring. The cooling of the stock market has naturally led to the collapse of the property market.
You must know that last year, the housing price in Hong Kong Island and the household affordability ratio were only 21%. This year, it has reached 27.6%.
You must know that the average salary per capita in Hong Kong has increased a lot compared to last year. With more wages, the proportion of people paying for housing has increased.
This is because Far East Group has pulled down a lot, otherwise the breakthrough of 30% is certain.
A family has to spend 27.6% of its income on mortgage payments. Doesn’t it feel like a small amount? In fact, this is already a lot.
Don't forget that there is a gap between the rich and the poor. It is not surprising that the people at the bottom have doubled this figure. This also shows how big the bubble in the current property market is.
Moreover, Hong Kong stocks have another characteristic, that is, they are greatly influenced by the outside world.
This is because most of the funds in Hong Kong stocks are related to real estate and related people's livelihood enterprises, and other industries account for a very small proportion, almost less than one-third, so it is very empty.
This is why Luo Nianzhong wants to list Far East's companies on the Hong Kong stock market. He wants to change this fragile stock market structure and give Hong Kong stocks better ability to resist risks.
Before the H-shares come out, he needs to use Far East Group to attract more industrial companies to list on the Hong Kong stock market and reduce the proportion of real estate. This will be healthier and safer.
Just like this time, the trigger for the stock market crash was the dispute over the sovereignty of Hong Kong Island.
There will never be a shortage of people in this world who cannot see the situation clearly and follow the trend. They think that the house cannot be taken away, and if anything goes wrong, they will lose everything.
So instead of buying houses, people who own houses will sell them, which leads to the collapse of the stock and property markets.
But the industry is different. Equipment can be taken away, technology can also be taken away, and the ability to resist risks is very strong.
With more industries in the Hong Kong stock market, it will be less likely for this kind of collapse to occur.
Can stock investors transfer real estate stocks to the industry? If they can retain half of them, Hong Kong stocks will not be broken as soon as they are touched.
Historically, the stock market crash caused many middle-class people to move overseas due to lack of confidence.
This is an important consumer group in a city or a country, and Luo Nianzhong needs to retain them.
So he said it was a bargain, not a bargain.
If he is buying the bottom, he can wait for a few months, wait for the famous fall, and wait until the joint statement is issued.
By that time, the Hong Kong stock market will fall to less than 700 points, instead of around 1100 points now.
Luo Nianzhong asked Robert to start slowly accumulating funds now just to stabilize the 1,000-point mark of the Hong Kong stock market. As for why he didn't take full advantage now, it was because he hadn't gotten what he wanted yet.
Once the items are obtained, Far East Group will naturally act like a savior and give the entire Hong Kong stock market a shot in the arm.
"Why do you do this? This is not in line with the behavior of maximizing interests."
Faced with Chris' question, Luo Nianzhong smiled, "Are we short of money?"
Obviously there is no shortage. If all the companies under the Far East Group were listed, the wealth created would be unimaginable.
Some Western media have given the Far East Group the title of "Oriental Trust".
“When money reaches a certain level, there are some things that are much more important than money and cannot be satisfied by money.
Just like the DuPont family and the lifeblood companies that the consortium values."
General Motors could offer it, but when faced with the Boeing shares that Luo Nianzhong wanted, even Copeland looked furious.
why?
It's because Boeing is a company that kidnapped a beautiful country, and General Motors is just a very important and influential entity. The strategic value between the two is simply incomparable.
Just like the Morgan family's acquisition of banks, every time there was a financial crisis in the United States, Morgan would not hesitate to acquire valuable bankrupt banks.
Luo Nianzhong believes that there will be no shortage of games at the top, and the Morgan family will make no less sacrifices and compromises. Otherwise, why would other consortiums let you, Morgan, take advantage of this?
All these efforts of the Morgan family are for one thing, which is to kidnap the American government through finance.
The same goes for the Rockefeller family, or in other words, this is what all the top Western families do.
After JPMorgan Chase acquired First Republic Bank of the United States, residents' savings accounted for more than 10% of the United States' total.
One thing you need to understand is that JPMorgan Chase is not the Morgan Bank of the Morgan family that acquired Chase Manhattan of the Rockefeller family.
On the contrary, it was Chase Manhattan that acquired Morgan, but the word Morgan was put in front of it to express respect for its founder.
The same is true for JPMorgan Chase's acquisition, which is to kidnap the beautiful country's government.
Some people will say, isn’t it just 10%? It’s not that big, it’s not as big as the four major banks.
But you have to know that there are tens of thousands of banking companies in the beautiful country. Can this compare? 10% is already a very terrifying existence.
At this level, even if something life-or-death happens, does the beautiful country dare to let JPMorgan Chase go bankrupt? So it is kidnapping the beautiful country.
It can be said that the consortium in the beautiful country does this first thing, and the rest is to make money.
Luo Nianzhong is now doing the same thing, which is to kidnap Hong Kong Island.
When the Far East Group's economic tentacles touch every aspect of Hong Kong Island, no matter what crisis occurs in the Far East Group a hundred years later, as long as Hong Kong Island is not abandoned, the Far East Group must stand firm.
The better the economy of Hong Kong Island is and the more middle class there is, the greater the importance of Far East Group will be.
So even though Luo Nianzhong doesn't like these swaying losers, he must try his best to save them and keep their wealth on Hong Kong Island.
Luo Nianzhong also believes that no one is born willing to be a traitor and lackey.
As long as more of these people and wealth are retained, the siphon effect will be better, and in conjunction with the listing of Far East Group's companies, it will be able to attract capital from all Southeast Asia.
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