We are all reborn, who wants to be the richest man?

Thatcher will tell you how much economic damage a fall can cause.

Originally, Far East Bank's rescue plan restored Hong Kong people's confidence in Hong Kong Island's economy, but the Iron Lady's fall showed signs of collapse again in the newly restored confidence.

The most direct reaction here was the Hang Seng Index and real estate stocks, and the leaders began to dive in headfirst.

Originally, the Hang Seng Index had already exceeded 1300 points and headed straight for 1400 points. However, this fall caused the Hang Seng Index to fall below the 1300 point mark on the same day. It reached the critical point of 1200 points the next day. It was only a matter of time before it fell below 1200 points. The problem.

Among all industry stocks, the real estate industry was the first to suffer the most severe decline.

Among them, Land Group fell the most, with a decline of more than 20%, far exceeding the 11% of the Hang Seng Index.

Land is the largest landowner on Hong Kong Island, and if something happens, the land cannot be taken away.

Coupled with the unhappiness between Jardine Matheson and Rabbit, Land and Land became the vanguard of this wave of stock market decline.

"Has Thatcher returned to England?"

"I'm back, but isn't it bad that you rejected her meeting so directly?"

Luo Nianzhong shook his head and said there was nothing wrong with it. Some things can swing around and some things must be firm.

"I'm from Hong Kong, and I'm even Chinese. The development of our Far East Group to its current scale is not due to the British Hong Kong authorities. There is no need for me to make her laugh. She is not qualified yet."

The purpose of Thatcher's meeting was clear to Luo Nianzhong, which was simply to get the Far East Group to cooperate in suppressing Hong Kong's economy.

Even if he doesn't cooperate, I still hope that Luo Nianzhong can be a bystander and stand aside.

“Hong Kong Island is the basic base of our Far East Group, and it is also the foundation of our Luo family. Once this place is stabilized, it can radiate throughout Southeast Asia and Asia.

The overall consumption level here may be lagging behind Europe and the United States now, but the potential is unlimited. I believe that Asia’s consumption level will catch up with Europe and the United States in just twenty years.

Therefore, Hong Kong Island is of vital importance to us and cannot be lost.

A more stable Hong Kong Island is what we need, and it is also one of the core policies of our group. It cannot be achieved by anyone."

Welch nodded and agreed with Luo Nianzhong's statement. He is the president of Far East Group. From the following internal data of major companies, it can be clearly seen that Luo Nianzhong's judgment is very accurate.

In terms of current consumption power, Asia only accounts for a quarter of Far East Group's revenue, while Europe and the United States account for more than 60%. But no one dares to ignore the Asian market, because this market is growing the fastest.

According to Far East's internal report evaluation, based on the current growth rate, Asia's revenue is expected to surpass Europe and the United States within 15 to 20 years, or even earlier.

Especially Rabbit, although its consumption power of high-end technology products is insufficient, its growth rate in fields such as food and home appliances is frighteningly high.

Every time Welch saw the latest data, he wondered whether the statistics were wrong and the growth rate was too fast.

Especially in the past two years, after Qingzhou Yingni began to jointly open cement plants with Rabbit everywhere, there has been a spurt of development.

Qingzhou Yingni President Charlieson, who was previously considered to have been abandoned by the group, now has more and more confidence to speak.

Even though cement’s profit margin is not high, its base is huge.

According to assessments, Rabbit’s annual cement industry market size now exceeds RMB 600 billion, and this number is still growing at a double-digit rate every year.

Nowadays, the demand for rabbits is obviously high, but the output is small. Cement production is in short supply. The main reason is equipment and technical problems.

These two problems are not a problem for Qingzhou Yingni. Technically speaking, Luo Nianzhong has spent money on technology development since he moved into Qingzhou Yingni.

Today's Qingzhou Ying Cement is not only unique in the world in cement production technology, but also one of the most advanced companies in the world.

The equipment is even better. This thing is not very high-tech and there is no control. You can just buy it with money.

It is precisely because of Qingzhou Yingni's investment method of delivering food to your mouth that joint ventures have established cement plants in several open places along the coast.

It doesn’t take much, as long as it can occupy 20% of the market share, the revenue and profit will be unimaginable.

In a dozen years, this will be an industry with an annual scale of trillions. Even if it accounts for 20% of the share and the profit rate is less than 10%, it can bring tens of billions of profits every year.

"It seems that we have to be prepared. This time the British side will definitely give orders to the Hong Kong government to correct some problems."

"Ha, it may be useful to other companies, but it's useless to us." Luo Nianzhong looked contemptuous.

Although Far East Group has invested a lot of money in Hong Kong Island, it can be said that it is the company with the largest investment in Hong Kong Island, but Luo Nianzhong is not afraid at all.

The reason is that the majority of the Far East Group's revenue and expenditure comes from overseas. Hong Kong Island now focuses more on investment and construction, and basically loses money.

As for the technology industry, it is not something that the Hong Kong government can control, and they dare not touch it.

What a wink. The Far East Group directly cut off the market with England in this industry. For now, England will suffer the most, and it will become an international laughing stock.

……

Welch's prediction was correct, and the Hong Kong government took action.

The first person to jump out was Financial Secretary Peng Lizhi. When he faced reporters, he said that the time for the merger of the four institutions may be extended. It may not be able to catch up with the merger on January 1 next year, and the specific time is uncertain.

what reason? Of course it's a technical reason.

As soon as his remarks were broadcast, Hong Kong stocks fell again.

Now everyone in Hong Kong knows that some companies of the Far East Group will be listed on the Hong Kong stock market after the merger of the four companies. How many investors are looking forward to this moment. Now you are telling me that it is not possible for the time being?

Anyone with a discerning eye can see what is going on here, and they are also guessing what the Far East Group will do in response.

Is it responding to the British Hong Kong authorities, or is it adhering to the Far East Group's consistent strategy of stabilizing the Hong Kong Island economy.

These people did not wait long. The Far East Group issued a statement the next day.

He expressed regret for the technical problems that occurred and said he would not list the product elsewhere and would wait no matter how long it took.

As soon as this statement came out, it was not the two sides that were anxious, but the United States and Wall Street.

The families of the Texas Consortium and the DuPont Consortium are all waiting for this wave of listings. Several securities institutions on Wall Street have also taken over most of the stocks, just to make money from the wave of listings. Now you are telling me that it has been postponed indefinitely?

They are not fools, they know the specific reasons.

If we talk about this for a few years, should I just wait?

So on this matter, before the media in Hong Kong and England did anything, the media in beautiful countries took the lead.

Overtly and covertly, it is a satire on the British financial industry and government.

The British side is under great pressure, and there are also different voices within.

This matter is not over yet, the second thing comes again.

That is because of funding problems, the Tsing Ma Bridge connecting Lantau Island built by the Hong Kong government may not be completed on time.

No matter how many boats there are, they are all prepared for early tourists. After the first phase of the entire Lantau Island project is planned to be developed, land transportation will be indispensable.