We are all reborn, who wants to be the richest man?
Chapter 377 2 major events
Entering September, Hong Kong Island has ushered in the peak tourist season. The average temperature of 26-7 degrees every day is not too hot and will not prevent you from going to the sea. The weather is sunny and there are no strong winds and showers that occur from time to time in July and August.
Two major news events occurred on Hong Kong Island this month, which aroused public attention and discussion.
On September 9, the Stock Exchange issued a new policy that allows listed companies to have different rights for the same shares, that is, listed companies can use the AB share structure.
Barclays Bank, controlled by the Luo family, existed in the form of AB shares. From that time on, Luo Nianzhong began to promote the reform of AB shares on the Stock Exchange.
For capital, different rights for the same shares must damage their interests. Why does Luo Nianzhong and capital do this? It was really no choice.
Some people ask why Rabbit's major Internet company does not list in China. It first lists in the beautiful country and then goes to Hong Kong Island.
The first is the issue of local listing. The requirements for local listing are very strict. If a listed company must make a profit, it has blocked the way for many companies to go public.
How can Internet technology companies make profits in the early stage? Aren't they all spending money to grab customers? Therefore, these companies simply do not meet the requirements for local listing.
Another issue listed in beautiful countries and Hong Kong Island is global fundraising, which is more convenient.
The most important thing is that listing in these two places, whether it is U.S. dollars or Hong Kong dollars, is in global circulation. The best thing to say is that it can invest in global industries, but the worst thing is that it makes it easier for founders to buy cars and houses overseas.
So why do we need to list in a beautiful country first and then go to Hong Kong Island?
There are two points here. The first point is that Hong Kong stocks have not recognized different rights for the same stock for a long time. This is because the reform that started after Alibaba failed to allow different rights for the same stock.
So you can see that before Alibaba went public in the beautiful country, 99% of Rabbit Internet was listed in the beautiful country and was not listed on the Hong Kong stock market at all.
But the situation will be different after 2020. In order to suppress rabbit companies, the Foreign Company Accountability Act was signed, which stipulates that if foreign companies fail to pass the audit of the beautiful country for three consecutive years, they will be banned from listing in the beautiful country.
What's the meaning? I just want the audit papers of your company.
Audit papers are the lifeblood of a company. Your finances, suppliers, electronic documents between senior executives and even customer information are all provided.
Which normally operating company dares to do this? Therefore, these companies listed in beautiful countries are looking for a way out for themselves, which is to go public on Hong Kong stocks.
At this time, Hong Kong stocks have allowed different rights for the same shares, and the same is global fundraising. You will also see a long queue of companies listed in Hong Kong after 2020, with hundreds of applications a year.
Luo Nianzhong's promotion of reforms is for the listing of Internet companies. Not only Internet companies after Rabbit, but also listed companies in other places are his targets.
Although Far East represents capital, a stock market that can keep pace with Nasdaq and a prosperous financial market will be more beneficial to the Luo family.
The entire reform of the Stock Exchange has naturally caused some changes, but these changes are more likely to occur in companies. Although there has been intense discussion among shareholders, there has not yet been any sign of an impact on the stock market.
……
"Mr. Liang, I'm really sorry that I came late. I was too busy and couldn't help it."
"It doesn't matter. Brother Li Yi has just become the first Chinese Commissioner of Police. It's understandable that he is busy."
The second major event that happened on Hong Kong Island in September was the replacement of the Commissioner of Police on Hong Kong Island, ushering in the first Chinese Commissioner.
Because Hong Kong people like to call this Hong Kong police leader Brother Yi, they all call him Brother Li.
Replacing the first brother is not a big deal, but replacing the first brother with a Chinese is a big deal.
Hong Kong residents may not feel it much, but the response from the upper class is very strong. MacLehose was even criticized by some British MPs for being pro-China and traitorous.
In fact, MacLehose was really wronged in this matter. Although the newly appointed first brother is Chinese, he has basically nothing to do with Rabbit. He is purely a native of Hong Kong.
If you want to have a relationship with a rabbit, you have to go up a few generations.
Brother Li Yi was purely promoted by the Luo family. Otherwise, on the second day after he took office, Far East Group would not have directly donated 10 million Hong Kong dollars to update police vehicles and other equipment.
However, it is not necessarily true to say that it has nothing to do with MacLehose. The appointment of Brother No. 1 was directly appointed by the Hong Kong Governor. If MacLehose did not speak, no one could do anything about it.
As for why MacLehose opened this hole for Luo Nianzhong, in the final analysis, it was for profit, because he was a Scotsman and his wife came from a prominent Scottish family.
MacLehose's health had some minor problems due to his age. If there were no special factors, he would have basically retired after his term ended in 87.
There is nothing wrong with trying to gain some benefits for yourself and your wife's family during your last period of power, not to mention that it was the other party who took action first.
If you were to ask the Scots which country they hate most, there would be no other answer, it would definitely be England.
If you tell a Scotsman how wonderful England is, then I'm sorry and you will probably be beaten because they think you are scolding him.
Scotland's push for independence is nothing new. As for the source of the conflicts between the two sides, apart from historical reasons hundreds of years ago, we have to talk about them since the late 70s.
The global economy was not doing well during this period, otherwise there would not have been the Iron Lady reforms that followed.
It was during this period that a large number of oil fields were discovered in the North Sea, which opened up new sources of income to everyone.
According to geographical location, the North Sea oil fields should be owned by Scotland and Denmark, but three-quarters of Scotland's oil revenue was taken away by the English.
These British oil companies not only robbed them of their oil but also did not pay them taxes. Every year, a large amount of tax revenue was given to the British government.
Not only that, after English capital entered Scotland, it also intervened in fishery, one of the pillars of Scotland's economy.
Do you think the Scots can resist? This means sharing blessings and not sharing adversity.
There is no problem for England's capital to enter Scotland. At worst, everyone can make money together, and this is not the first time that the Scottish upper class has suffered hardships for the common people.
But the English didn't think so this time. Except for the top families in Scotland, many prominent families in Scotland were excluded, including the family of MacLehose and his wife.
When business problems arise in Scotland, it is natural to open up new battlefields. Where else could MacLehose, the island of Hong Kong where he was the governor of Hong Kong, be more suitable?
In fact, the two companies have invested in Hong Kong Island since MacLehose took office, but the investments were very careful and they were all real estate companies.
It is through MacLehose's relationship that we can obtain some small pieces of land that are not auctioned at an affordable price and then cooperate with local companies in Hong Kong Island.
MacLehose's low-rent housing project is a representative example, and they are among the contractors.
Now Luo Nianzhong and MacLehose are in the honeymoon period. I will help you make a fortune, and you can use your position to help me do something.
To be honest, when MacLehose mentioned this matter to him, Luo Nianzhong didn't ask for anything at all. The business cooperation between the two families was a trivial matter to him.
Luo Nianzhong still found out from Liang Yong that the first brother's term was up and that one of the three deputy positions was Chinese, so he asked Liang Yong to contact him and prepare to give him a push.
Now that things are done, the other party can't get in touch with Luo Nianzhong, so naturally he has to contact Liang Yong.
He knew very well that if the Luo family could let him go up, then coming down would only be a matter of words, at least during the MacLehose period.
"Thank you. I won't say more than that. If Mr. Liang needs help from now on, just tell him. As long as I can do it, I won't hesitate."
"Brother Li Yi is too polite. I don't need anything. I just hope that under your leadership, Hong Kong Island can have a stable business environment and more Chinese police officers can get help."
"Don't worry, this is what I hope and do.
With fewer cases and social stability, the business environment will naturally be better."
Brother Li Yi understood.
There are a lot of smuggling activities on Hong Kong Island every year, and every year the British guys from the Marine Police and Border Guard can make a lot of money out of it.
Luo Nianzhong wants to crack down on smuggling? No, he wants to let smuggling go, because the Far East is the largest smuggling destination on Hong Kong Island.
Don’t forget about Batumi, businessmen are driven by profit, and they cannot let go of their business just because of Batumi.
In this beautiful country, businessmen from all over Europe can do it, so why can’t we in the Far East?
Where do the goods that the trading companies established by the three major local associations on Hong Kong Island go from Far East Chip every year? Want to know.
Although these businesses are not hindered now, the British guys who have benefits are turning a blind eye, but the fewer outsiders know about such things, the better.
Although Far East Group is not directly involved in normal trade transactions, it does not mean that it hopes that the revelation of the incident will block this way of making money.
In addition to these, the most important thing is the armed force. Hong Kong Island is a country of police, and the density of police officers ranks first in Asia.
On Hong Kong Island, in addition to firefighting, everything from anti-terrorism, criminal investigation, economic investigation, marine police, anti-narcotics, border patrol, transportation, etc. are all under the control of Brother Yi. Even when people are dissatisfied and take to the streets to protest, they have to say hello to Brother Yi first.
Even though Hong Kong Island is a city, it has a police force of 4500 people. According to the density of one million people and police officers.
In terms of real power, apart from the Governor of Hong Kong, he is the first brother, otherwise many people in the UK would not react so strongly.
Luo Nianzhong won't be able to use it, but it doesn't mean that there is a risk of leaving this power to potential enemies. The best way is to support one's own people to rise to power.
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