Chapter 1161 - Eight Leading Companies Preparing to Go Public (Two Chapters in One for Votes)
"Chairman, I remember, after I go back, I will call a meeting of everyone to redefine the development strategy. โ
Regarding Xia Yu's suggestion, Liu Tianci accepted it humbly and replied respectfully.
After finishing speaking, he added: "Chairman, in a short period of time, there may not be much effect, but I will strengthen management and find ways to stimulate the stock market." โ
Xia Yu bowed slightly, thought for a while and said: "In this way, now that the stock market has regained its vitality, the listing of high-quality companies will no longer be undervalued by the capital market." โ
"I will come up with some companies to go public and stimulate the stock market. โ
As soon as Xia Yu's voice fell, Wang Qi and Liu Tianci were both very surprised, and looked at Chairman Xia Yu suddenly.
After making sure that Xia Yu was not casually speaking, Liu Tianci asked expectantly: "Chairman, which companies do you plan to list?"
Xia Yu shook his head with a light smile and said, "I also made a temporary decision, and it has not been decided yet." โ
"However, the bottom line is that the most core companies cannot be listed, and the sub-core companies and non-core companies that can obtain higher price-earnings ratios will be pushed public. โ
"Jiuding Bank and Jiuding Securities will definitely not be listed. โ
"I will screen out the specific ones in the next two days, and I'll tell you when the time comes. โ
"Okay. โ
Liu Tianci nodded obediently and didn't ask any more.
After asking about some other things, Liu Tianci left first, and Xia Yu left Wang Qi behind to inquire about the Xiangjiang Futures Exchange.
The Heung Kong Stock Exchange has been in operation for more than 20 days, and the time is ripe for the Heung Kong Futures Exchange, and the key lies in whether the Heung Kong Futures Exchange itself is ready.
"Wang Qi, are the preparations of the Xiangjiang Futures Exchange already?"
"Chairman, I was just going to report this to you. The new "management regulations" and "trading rules" have been made, and the four commodities of Hang Seng Index futures, Nikkei 225 stock index futures, FTSE 100 stock index futures and natural rubber futures are all ready, and now the futures exchange is conducting internal simulation tests. โ
"It's just that because our futures exchange is not like the United Stock Exchange, which is still operating every working day, we can only use the internal simulation test after the market is closed every day, so the progress is relatively slow. โ
"The initial plan discussed by the company is to also hold a press conference on Monday, November 15, to announce the implementation of the new policy and the launch of four major futures commodities. โ
"But before we do that, we have to do a lot of publicity to avoid the deal being cold. โ
Wang Qi reported in detail.
"Have you already made it all out?"
"Now take me there. โ
After Xia Yu groaned slightly, he instructed Wang Qi that he could only make a decision after seeing it with his own eyes.
"Okay. โ
......
For the rest of the morning, Xia Yu and Wang Qi came to the Heung Kong Futures Exchange in Central, Hong Kong Island, first to understand the current situation of the futures exchange, and then to check the various systems and four futures commodities from the information.
When the market closed at noon, the door of the Xiangjiang Futures Exchange was closed, and the internal simulation operation test began.
Then he made a decision on the spot on the Hong Kong Futures Exchange and held a press conference on November 15 to introduce the new rules and launch the four major futures commodities.
And the propaganda work will officially begin this afternoon after his departure.
Xia Yu even authorized Wang Qi to call on the media resources of the entire consortium to publicize the new regulations of the Heung Kong Futures Exchange and the four major futures commodities to the point where everyone knows about it.
Be sure to attract more investors and capital to enter.
Sure enough, that night, Global Satellite TV's "News 30 Minutes" and the financial channel appeared related news.
After the news was released, the minds of all those who had a heart were activated.
The next day, the newspapers also carried out all-round publicity and reporting on these matters, and the Xiangjiang Futures Exchange was full on the same day, although many people came to inquire about the real situation, but there were also some institutions directly stationed in the area, ready to find out the situation in advance.
The news about the Heung Kong Futures Exchange has been publicized not only in Asia, but also in the United States and Europe, with the aim of attracting as many financial institutions as possible.
The focus of the publicity is, of course, the geographical advantages of Hong Kong, which can be connected with the opening time of London and New York.
FTSE 100 futures are already traded in the UK and the US, and once Hong Kong is launched, financial institutions will be able to have more time to operate and earn more profits, which is equivalent to adding another layer to the original cake, which is something that all financial institutions are willing to see.
As for the Nikkei 225 Index Futures, as the world's first futures, with the support of the current prosperous economy and stock market of the island country, it is definitely an excellent investment future, and it must be a big cake as soon as it appears.
Therefore, when the news was known, many financial institutions in Europe and the United States were moved.
When the news reached the island nation, it was a different story.
But Xia Yu didn't care about the clamor and anger of the island people, this was expected, and it was not worth his attention.
......
Just when the entire Xiangjiang public opinion focused on the Xiangjiang Futures Exchange, Xia Yu simply sorted out his assets in Xiangjiang and used two days to screen out eight companies for listing.
These eight companies are only from the four group companies of Jiuding Culture Media Group, Jiuding Industrial Group, Jiuding Real Estate Group and Jiuding Energy Group.
Among them, Jiuding Culture Media Group has nine first-class subsidiaries registered in Hong Kong, including Jiuding Press Company, Jiuding News Agency, Jiuding Book Publishing Company, Jiuding Animation Co., Ltd., Jiuding Printing House, Global Television Station, Universal Music Group, Universal Cinemas Company, and Galaxy Film Company.
Xia Yu only plans to take out the Galaxy Film Company, which is now the leader in the film industry, to go public, one is that the halo of the market leader will add to the stock price, and the second is because of "Alien Eยท T", Galaxy Films' profits this year will be extremely high, which can greatly stimulate the stock price of Galaxy Films.
As for other companies, they are either unable to be listed such as Jiuding Newspaper Company, Jiuding News Agency and Global Television Station, or the strategic layout of Universal Music Group and Universal Cinema Company has not yet been completed and is not suitable for listing for the time being.
Jiuding Animation Co., Ltd. still has huge potential to be tapped, and its profitability is super strong, which is much more important than Galaxy Film Company, so it is not suitable to be listed.
Jiuding Energy Group's two largest first-class subsidiaries are Heung Kong Electric Company and China Gas Company.
The former is a power leader, stronger than the China Power Company under Jiuding Industrial Group, and it is good to become a listed company again, after all, in Xia Yu's future planning, Xiangjiang Electric Light Company will not have any impact on the listing.
The same is true of Towngas, although it is the only supplier in the Heung Kong gas market, but it is only at the end of the gas industry, and although it is important, it is not particularly large, as long as it has an absolute controlling stake.
Jiuding Real Estate Group has many subsidiaries, and the most assets are Jiuding Real Estate Development Co., Ltd., which is the king of Xiangjiang Real Estate, with the largest land storage and the most real estate under development.
But this is different from the Hutchison Whampoa Group's supporting Hutchison Whampoa Real Estate Company, once Jiuding Real Estate Development Co., Ltd. is listed, then the Xiangjiang real estate industry that he has finally suppressed will be stimulated to rejuvenate, and he is slapping himself in the face.
In Xia Yu's mind, the biggest role of Jiuding Real Estate Development Co., Ltd. in Xiangjiang is to develop a large number of cheap real estate and keep the housing real estate market from rising.
Suppressing housing prices and making profits is not in conflict, as long as the housing prices are suppressed, the price of land will naturally not be speculated, in fact, the profit margin is also very large, the money can also be earned, and the people do not have such a great pressure to buy a house, and the funds of the society can flow up to create greater value.
In Jiuding Real Estate Group, it is Jiuding Hotel Management Group that will be listed, which owns hotel brands such as Marco Polo Hotel, Culture Hotel, and Peninsula Hotel.
The profit margin of the hotel industry is not high, and it is also not the core area, but the funds needed to expand are very huge, and it is just right to go public, and at the same time, the identity of the listed company can also make many shareholders become shareholders, which has a huge role in enhancing the popularity and market of Jiuding Hotel Management Group, and the benefits of listing are great.
Jiuding Industrial Group has the largest number of companies ready to be listed, namely Dairy Farm Company, Jiuding Transportation Group, Hutchison Whampoa Group and Cathay Pacific Airways.
After the divestment of the company's assets, only the ice, refrigeration and dairy sectors remained, and in the dairy sector there is a wholly-owned subsidiary, Bright Dairy, which also operates farms in Australia and New Zealand, and the dairy company is the leader in all three areas.
Jiuding Transport Group owns 45% of the equity and operating rights of two unlisted companies, Heung Kong Tramway and Tianxing Ferry, as well as a listed Kowloon Motor Bus Company Limited, and more than 30% of the other shares of Jiuding Motor Bus Company Limited are held by Jiuding Securities Company and other companies.
Jiuding Transport Group, also the leader of the Xiangjiang transportation market, monopolizes the buses and trams in Xiangjiang, and also occupies a huge majority of the ferry market share.
Hutchison Whampoa Group has only two secondary subsidiaries, namely Hutchison Whampoa Port Company, which monopolizes 21 of the 24 terminals in Hong Kong, and Hutchison Whampoa Real Estate Company.
Hutchison Whampoa Group wants to become a world-class port operation group in the future, and needs to acquire or build new port terminals in countries around the world, which requires too much capital, Xia Yu does not want to spend too much money here, so he decided to hand it over to investors to support.
The last Cathay Pacific Airways is a second-level subsidiary of Jiuding Industrial Group, which is the largest subsidiary of Cathay Pacific Group.
As for the companies under the Cathay Pacific Group, such as Xiangjiang Aircraft Engineering Company and Xiangjiang Airport Ground Service Company, Xia Yu does not plan to take them out for listing.
The reason why Cathay Pacific Airways was chosen is mainly because this company needs the most funds in the future, and if it wants to become an international aviation giant in the future, whether it is mergers and acquisitions or the purchase of new aircraft, it consumes too much money.
In addition, Cathay Pacific's status as a listed company will also help it improve its reputation beyond Hong Kong and develop and consolidate the market.
Eight companies, each of which is at least the leader of a field, or even the only monopolist, can enjoy the halo bonus of the market leader when they are taken out to be listed.
These eight companies were thrown out to go public, which can accommodate a large amount of funds, which is definitely enough to stimulate the vitality of the Hong Kong stock market.
However, the listing is listed, Xia Yu does not want to be a fortune boy and be treated as a fool.
Even if it is listed, the vast majority of the profits of underwriting and listing will be eaten by himself, his Jiuding Securities Company is the largest listed underwriter, Jiuding Bank, Standard Chartered Bank, Sun Hung Kai Securities Company, etc. are also the main force of market underwriting, and the profits of underwriting and listing must be earned by themselves, and there is no need to let others earn.
Again, even if he is listed, he will take out 25% of the equity to go public at most, and the remaining 75% of the equity will still be in his hands, which is to prevent infiltration.
As long as he holds this shareholding ratio, whoever dares to have bad intentions or hack him, he can easily shoot the enemy to death.
In addition to Galaxy Film Company, Jiuding Transportation Group and Jiuding Group Management Group, because the registration period is less than and they cannot go through the normal listing process and can only be listed through backdoor, the other five companies are all original veteran listed companies, so they are all ready to go through the normal listing process.
It just so happens that there are still many "cancer stocks left over from history" in the Xiangjiang stock market, and we took advantage of this opportunity to clean up the three junk stocks and replace them with other Galaxy Film Company, Jiuding Transportation Group and Jiuding Hotel Management Group.
Because the SFC actually controls the listing behind the scenes, the listing process of his five companies can be greatly shortened.
In the previous life, when Foxconn was listed on the mainland, he was able to give the green light all the way, and it only took 36 days to complete the A-share listing process, and he could complete it within a month.
After all, five companies including Hutchison Whampoa Group and Cathay Pacific Airways were originally listed companies, and various mechanisms and materials have been retained.
And Xia Yu also plans to let his largest standard law firm and standard accounting firm in Xiangjiang fully assist, and it will be completely OK within a month!
After deciding, Xia Yu immediately summoned Liu Tianci and Wang Qi and assigned them tasks.
The next day, the news was announced.
Suddenly, the entire Hong Kong capital market was boiling, and they were all looking forward to these eight companies.
The influence has also continued to spread to the surrounding countries, and the capital of Southeast Asian countries, island countries, South Korea, Australia and other countries has rushed to the Xiangjiang River like sharks smelling blood.
This November is destined to be an extraordinary month......
PS: Combined with everyone's opinions yesterday, these eight companies were selected to be listed, thank you for your comments. Today's two chapters are one.,It's the end of the month.,Ask for a recommended ticket monthly pass!