Chapter 1070: Acting as a Pioneer

One of the reasons why Xiangjiang will be able to sit firmly in the world's third largest financial center in the future is that relying on the enterprises and funds on the mainland, many mainland companies will choose to list on Xiangjiang.

Li Guangyu just wants to bring this time forward a little earlier, and his Pengyu Group and Cao Weiqing's Meiqi Clothing Group are very suitable for this pioneer.

In the future, with the help of dozens of his groups, Heung Kong will definitely have the strength to compete with New York and London in the future development of the financial industry.

Now the key is to keep Asian companies and not let them think that the first thing to list is New York, when Hong Kong becomes the first choice for Asian companies to go public, there will be no more problems with the economic development of Hong Kong.

Of course, Li Guangyu is well aware of the difficulty of attracting mainland enterprises to come and list now, but this is no matter how difficult it is, and even some of the current rules of the Hong Kong Stock Exchange are not suitable for mainland enterprises, and the exchange needs to make some changes in this regard, and even develop a special listing stock board for mainland and other regional enterprises to list.

The reason why Li Guangyu worked so hard was mainly because the economic development of Xiangjiang was closely related to him, and his interests and the development of Xiangjiang were mutual, and the better the economy of Xiangjiang, the better the profitability of his industries, and similarly, if the economic development of Xiangjiang fell into weakness, many of his industries would also be the same.

Of course, Li Fuzhao is well aware of the mainland's potential, and if he wants to attract mainland enterprises to Hong Kong, he will really dare to compete with the New York Stock Exchange and the London Stock Exchange.

At present, the mainland's reform and opening up is still in its early stages, and the mainland's large-scale enterprises are still publicly owned, so it is certainly not so simple to be able to come and go public, and I am afraid that there will be a lot of work to be done in this regard.

However, Li Fuzhao did not want to give up Li Guangyu's proposal, and he still hoped to reach some agreements with the mainland to help mainland enterprises be listed on the Xiangjiang and Xiangjiang Stock Exchange.

He said to Li Guangyu: "There is still a long time to be done in this area, and I hope you can provide some help in this regard, once the mainland enterprises can be listed on the Hong Kong Stock Exchange, it will be of great benefit to us, at least your Tianyu Investment Company can become the underwriter of many mainland enterprises, and can also expand the influence of Tianyu Financial Group in the mainland." ”

Li Guangyu naturally knows that he is facing his own interests here, otherwise he would not have worked so hard to let Li Fuzhao attract mainland enterprises to come to Xiangjiang for listing.

Li Guangyu said: "Uncle Li, I will let Pengyu Group start to prepare for listing on the Xiangjiang Exchange, I believe that with the drive of Pengyu Group, it will definitely let some companies with ideas come to Xiangjiang to list, especially some enterprises that want to raise funds for development, as long as there is a beginning, there will be more and more enterprises to come to Xiangjiang." ”

Li Guangyu's Pengyu Group, its registered place is in Pengcheng, the controlling shareholder is several major funds, according to the group's registered place, this group is an authentic mainland enterprise, this group to Xiangjiang listed is very representative, as long as Pengyu Group is successfully listed in Xiangjiang, it will be able to cause a wave of sensation.

The market value of Pengyu Group is also not low, you must know that this group is now quite well-known in Southeast Asia, although the market value can not be compared with Feiyu and Hongyu.

Relying on excellent profitability, in the valuation at the beginning of this month, the market value of Pengyu Group still reached 3.1 billion US dollars, which is still taking into account the value of the RMB in the mainland, many institutions do not recognize the performance of Pengyu Group in the mainland, so the market value assessment is much lower than that of Hongyu Apparel Group.

Hongyu Clothing Group looks at the sales channels covering Asia, America, Western Europe and Australia, plus the addition of high-end clothing and high-end bags, even if the profitability is not as good as Pengyu Group, but his market value is far higher than Pengyu Group in many evaluation agencies, and the market value of Hongyu Clothing Group has reached 6.3 billion US dollars.

And this is also a problem that Li Fuzhao needs to solve, due to many reasons, the main market of mainland enterprises is currently in the mainland, and whether the profits there can be recognized by investment is a problem that must be solved, otherwise it is very difficult to list in Xiangjiang.

Li Fuzhao knows very well that Li Guangyu is not short of funds, and being able to let Pengyu Group come over to list this time is really helping him open up the mainland market.

Pengyu Group has a very large market in the mainland, and cooperates with supply and marketing cooperatives and department stores in many provinces, and has a large number of self-employed people, so that their products are sold very widely in the mainland, covering most provinces and cities in the mainland.

It's just that all the money earned there is RMB, and Pengyu Group is converted to profit according to the official exchange rate of RMB, which is also the reason why many institutions do not recognize the performance of Pengyu Group.

And there are still many problems to be solved, such as the annual dividend problem, Xiangjiang side of the dividend is required Hong Kong dollars, which requires Pengyu Group to exchange foreign exchange, and the current mainland foreign exchange is still relatively lacking, this aspect of the problem also needs to be solved.

Pengyu Group's listing of Li Guangyu is to lose, but he will not lose much, 70% of his shares, three institutions Tianyu Investment Company, Bank of Hong Kong, Sun Hung Kai Securities 20%, 5% of its employees, and 5% of the shares outside, with the rise of the listed stock market, he can earn back.

As long as Pengyu Group can succeed and has a set of mature experience, then in the future, whether it is the Xiangjiang Exchange or their major banks and securities companies, they will obtain a large number of benefits.

Li Fuzhao said: "Guangyu, I know that you are asking Pengyu Group to be a model and provide experience to those enterprises in the mainland, so as to make the Xiangjiang Exchange the first choice for mainland enterprises to go public, I am very supportive, as long as you Pengyu Group can come to the listing, I have no problem here."

And I plan to set up a delegation of Heung Kong Finance to go to Beijing to negotiate with them on this matter, and it is also very beneficial for them to be listed in Heung Jiang, and I believe that the two sides can reach some consensus. ”

Li Guangyu is very supportive of Li Fuzhao's personal visit to Beijing, so that the communication between the two sides may be able to usher in a wave of listing of mainland enterprises on the side of the Hong Kong Exchange.

"Uncle Li, you set a time, and when the time comes, I will let Tianfan accompany you, and the heads of several other major banks will pull it over together, I hope you can get a good result this time." ”

Li Fuzhao is naturally very happy, with these people accompanying him, this financial delegation is even more weighty.

He said to Li Guangyu: "This matter should be sooner rather than later, I will contact the Xinhua News Agency today and strive to set a time as soon as possible, with mainland enterprises listed on our exchange, the Heung Kong Exchange will become one of the world's top exchanges in the future." ”

Li Guangyu and Li Fuzhao discussed how long they wanted to be, and after having lunch together at noon, they took their respective leaves.

This meeting also accelerated the development of the Hong Kong Exchange, allowing mainland enterprises to log in to the Hong Kong Exchange earlier, and also strengthened the strength of the Hong Kong Exchange.

Because of Li Guangyu's influence, in the future, large mainland enterprises will basically take Xiangjiang as their first choice for listing, and Xiangjiang will completely stand on top of New York and London in terms of finance.

……

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