Li Fuzhao has always given people the impression of being strong, and of course, he does have strong capital. It took only a dozen years for the Far East Exchange to lead the Hong Kong Stock Exchange, which has a history of nearly 100 years, in terms of business, so that it can occupy a dominant position in the stock exchange established after the merger of the four associations.

In the midst of the stock market crash, the Hong Kong Stock Exchange defended the world's condemnation by announcing a four-day suspension of trading, which seriously dampened investors' trust in the Hong Kong stock market and directly led to the decline of Hong Kong stocks far exceeding that of the securities markets of other countries in the world.

However, according to the speculation of most of Hong Kong's leading financial news reporters, Li Fuzhao's character will only be tough to the end, and he will never bow his head and admit defeat! However, everyone never expected that at the beginning of the press conference, Li Fuzhao released a blockbuster news, announcing that he would not run for the next chairman of the Stock Exchange!

The reporters present suddenly became excited, and everyone scrambled to raise their hands to get the right to ask questions! Li Xuan, who was watching the live broadcast in front of the television, did not feel the slightest surprise at the news. He just had afternoon tea with Li Fuzhao today, and the two have reached a series of cooperation agreements in advance.

Li Xuan will use his influence to give Li Fuzhao all-round support. Li Fuzhao will support Li Xuan's GEM plan, and at the same time help Asia Securities exert greater influence on the Liao Stock Exchange.

Although Li Fuzhao promised not to run for the next chairman of the Stock Exchange, this did not prevent him from using his influence to promote other candidates. Li Xuan believes that in the past few days, Li Fuzhao must have reached various deals and made various compromises with many other people besides himself!

You must know that the Independent Commission Against Corruption is definitely the sharpest knife in the hands of the Hong Kong government, after MacLehose came to Hong Kong to serve as the governor of Hong Kong. Dissatisfied with the rampant corruption in Hong Kong's civil service, the Independent Commission Against Corruption (ICAC) was set up to report directly to the Governor of Hong Kong. and the majority of the personnel who formed the Independent Commission Against Corruption. They were all drawn from the Political Department at the time.

The Political Department is a department that has changed the color of many Hong Kong people, if you are targeted by it. The Political Department is nominally a department under the jurisdiction of the Hong Kong Police Force, but in fact it is under the independent leadership of Britain's MI5 and is responsible for all kinds of counterintelligence and intelligence gathering work in Hong Kong.

Therefore, the Independent Commission Against Corruption, which has a deep kinship with the Ministry of Political Affairs, is definitely a very scary department. After Li Fuzhao learned that he was targeted by it, he had the mind to retreat bravely and hide behind the scenes. According to Li Xuan, the ICAC's pretext for investigating Li Fuzhao was that someone reported that the senior management of the Stock Exchange had taken bribes in approving the listing application.

And this so-called bribery refers to Li Fuzhao's acceptance of an application for a public offering of new shares by a listed company. Companies to be listed at a low price are required to place a portion of their shares at a low price to personnel within the Stock Exchange. If the price of new shares skyrockets after listing, these early-placed penny stocks can bring in a lot of profits.

This practice is actually an unspoken rule of Hong Kong's securities market, and before the merger of the four exchanges, including the Far East, Gold and Silver exchanges, and Kowloon, there was a similar situation, and the only one without this bad habit was the Hong Kong Stock Exchange.

The fundamental reason why the Hong Kong Stock Exchange is the only exception is that the real power of the Hong Kong Stock Exchange has long been in the hands of powerful foreign investment banks. And Li Fuzhao's practice of plucking the feathers of geese is actually cutting meat on the brokerages responsible for the underwriting of new shares.

In fact, long before the stock market crash broke out. A number of senior officials of the Hong Kong government, including the Financial Secretary and the Department of Justice, have criticized the unsatisfactory operation of the Stock Exchange by name, and hope that reforms will be made as soon as possible. But Li Fuzhao has ignored it, and the stock market crash has clearly given those potential enemies a perfect opportunity to attack.

Li Xuan looked at Li Fuzhao who was talking eloquently on TV. and the tired old man who drank afternoon tea. According to the previous cooperation agreement between Li Xuan and Li Fuzhao, the other party is ready to start brushing up on his reputation and make up for the image damaged by the stock market crash before.

The first stop on his itinerary tomorrow. You will visit Jiahua Bank. As one of the largest companies in Hong Kong stocks by market capitalization, Jiahua Bank's every move can have a great impact on the entire Hong Kong stock market. And after Li Fuzhao's visit to Jiahua Bank. Jiahua will immediately announce the plan to repurchase the company's shares.

During the stock market crash, Jiahua Bank's stock price fell by 20% in a week. The Hang Seng Index has fallen by more than 40% during this period. In this round of stocks, Jiahua Bank should be regarded as one of the relatively stable stocks.

The latest weight of Jiahua Bank in the Hang Seng Index has risen to 10%. It is easy to release good news to boost the stock price, and it is easy to have an immediate effect on the Hang Seng Index to stop falling and rise again.

The decline in the share price of Jiahua Bank was only affected by the panic in the market. Based on Jiahua Bank's current share price, the company's price-to-earnings ratio is only 7.5 times. Its value should be considered seriously undervalued, so it is not difficult to make Jiahua's stock price rise. Moreover, most of Jiahua's shares are held by institutional investors, and the large number of orders sold this time are actually from retail investors.

In the environment of the crazy decline of Hong Kong stocks, no one dares to sweep the goods on a large scale. However, Jiahua's selling orders were still eaten a lot, so its decline was much smaller than the decline of the Hang Seng Index. As long as Jiahua Bank releases good news, it is easy for some investors to think that this round of stock market crash has bottomed out, so Jiahua's shares are likely to be re-robbed.

Therefore, even if Jiahua Bank now announces a plan to buy back shares, it is still a debatable matter whether it really needs to be on its own in the future. You should know that many institutional investors are willing to hold Jiahua's shares for a long time.

As a result, Jiahua Bank's stock liquidity has been low, and it has forced listed companies to carry out multiple rounds of stock splits. And if Jiahua's shares regain popularity, the board of directors and management can also cancel the buyback program, so as not to further exacerbate the problem of market illiquidity!

After visiting Jiahua Bank, Li Fuzhao will continue to visit Asia Entertainment Company and Hong Kong Telephone Company. The two companies will also follow the pace of Li Fuzhao and release a series of good news.

These three listed companies are considered to be Li Xuan's real descendants in the Hong Kong stock market. The actions of the three companies mentioned actually represent the attitude of the "God of Wealth Lee". This is for the Hong Kong stock market, which is in turmoil. Definitely a shot in the arm.

In another time and space, the hollowing out of Hong Kong's industry and the surging wave of immigration in the mid-to-late 80s. It has dealt a big blow to Hong Kong's economy. However, due to the emergence of Li Xuan in this life, although Hong Kong's light industries such as textiles, clothing, toys, and watches, which were originally the pillars of industry, still began to move northward rapidly. However, the newly emerging electronics industry has made up for the vacancy after the departure of the original industry.

Workers who used to work in garment factories and watch factories on a daily basis are now working in electronics factories. Everyone is still engaged in simple and repetitive work on the assembly line, but the wages have increased a lot. It is important to know that the new electronics industry in Hong Kong is not the low-end electronics industry that assembled flashlights and electronic watches, but a factory that produces mid-to-high-end electronic products and various parts and components such as game consoles, televisions, and computers.

A computer can create far more profit than a flashlight and a piece of clothing. Therefore, Hong Kong's industry after taking this opportunity to complete the transformation and upgrading can fully withstand the rising level of Hong Kong's labor force at this stage.

You must know that Hong Kong's electronics companies are now under the leadership of the leading fighting sheep of the Oriental Group. It is a battle with companies in the United States, Japan, and Europe. And the manpower and resources of those developed countries are much more expensive than those of Hong Kong!

As a result, Hong Kong has not seen a rapid widening of the gap between the rich and the poor even though wages have risen sharply year after year. In another time and space, due to the northward movement of a large number of factories, hundreds of thousands of low-level workers in Hong Kong lost their jobs and fell back into abject poverty, which was one of the important reasons for the various problems that broke out in Hong Kong later.

Hong Kong's economy is actually healthier now than it was in another time and space, but the stock market crash in Hong Kong is still here as promised. Although this led to a sharp drop in Li Xuan's net worth, it could not be regarded as a bad thing for the Eastern Group. There is an opinion that goes. This stock market crash is actually a correction to the rapid rise of Hong Kong stocks after the signing of the agreement between China and Britain in 84. It is only because of the collapse of investor confidence caused by the stock market volatility that the collapse of Hong Kong stocks has led to the collapse of Hong Kong stocks.

Although Hong Kong dramas are still in the shadows, the LH Fund has been instructed by Li Xuan. began to take advantage of the plummeting stock price to absorb a large number of blue chips in the Hong Kong stock market. Although Li Xuan was not keen on stock speculation in his previous life, he still had some information.

Before the outbreak of the Asian financial crisis. The Hang Seng Index has already broken 12,000 points, and now the Hang Seng Index is only a little over 2,000 points. If it falls for a few more days, it may even fall below the 2,000-point mark! Li Xuan looked at the news seriously. But the little baby in his arms obviously had no interest in the old face on the TV.

Little Buddy struggled to get a more comfortable position, but his dad was obviously not paying attention to him at the moment, so he expressed his protest with two loud cries of "Wow-Wow-Wow!"

Only then did Li Xuan come back to his senses and immediately returned to the role of a father. But his talent for coaxing children is obviously not as open as making money. Whether he hummed a lullaby or grimaced, he couldn't stop the little little guy in his arms from crying. Seeing her brother in a hurry, Li Ying sat aside and snickered.

It's just that she, a big girl, obviously hasn't learned how to take care of the child yet. Fortunately, Zhong Chuhong walked down the stairs, she squinted at her husband, and then hugged her son and patted her gently, and the child immediately quieted down.

"Your business trip has already been sorted out for you, can you check what is missing when you go upstairs later?" Zhong Chuhong, who is already a mother of three children, is no longer as innocent as a girl with a smile, but has a little more gentle and elegant style.

Li Xuan is going to fly to the United States on his own special plane tomorrow, and he naturally has several important things to do when he goes to the United States this time. The "87 stock market crash" is definitely a painful memory for countless investors around the world. It was a watershed moment for the "Reagan era." During Ronald Reagan's two presidencys, the first six years of his presidency were fueled by massive government investment, which traded huge fiscal deficits for economic prosperity in the United States.

But this thirst-quenching approach has also accumulated a lot of contradictions, especially against the backdrop of a stronger dollar, which has led to a decline in the competitiveness of US products and a soaring trade deficit. The "87 stock market crash" lasted for a very short time, only four or five days, and the stock markets of the listed companies on the New York Stock Exchange have gradually begun to stabilize.

However, the stock market crash still dealt a major blow to the economy of the United States and even the world, and a large amount of wealth was wiped out in the stock market crash, which will inevitably lead to a decline in people's purchasing power. The direct consequence of the decline in people's purchasing power is that the orders of enterprises have begun to decrease, and profits have begun to decline. And once a large number of companies are in trouble, it may trigger a wave of layoffs, which will make people more afraid to spend, so that a vicious circle will be created and a severe economic recession will be triggered.

For Reagan, his presidency was nearing its end, and he brought the longest postwar boom to the United States, and with it rose to prominence, which is still remembered by millions of Americans decades later. But Reagan's evil consequences were the consequences of his partner. In another time and space, after Bush Sr. entered the White House, he faced a full-scale economic crisis, so much so that he was forced to leave after only four years in the White House.

However, under Li Xuan's advance, Bush Sr. seems to have anticipated in advance the bad situation he may face, and is doing his best to start the layout in advance. And the key remedy he found for the next economic recession is to support the development of emerging industries represented by Silicon Valley.

Under the guidance of Bush Sr., five congressmen from the Democratic and Republican parties recently introduced the "Information Highway Bill" in both the Senate and the House of Representatives, planning to invest $200 billion to $400 billion in 20 years to build a high-speed, broadband, comprehensive information transmission network with optical fiber trunk lines as the mainstay, supplemented by microwave and coaxial cables.

Of course, with the current financial situation of the federal government, it is simply unable to allocate a budget of hundreds of billions of dollars to support the construction of such a large-scale national information superhighway. In fact, in the draft Information Highway Act, which has been submitted to Congress by several lawmakers, the actual amount of investment by the federal government will not exceed $1 billion, which will be mainly used to guide the development and promotion of various technical standards.

The source of these hundreds of billions of funds is to encourage commercial capital to invest in accordance with the principle that whoever invests will benefit. No one knows better than Li Xuan the important impact of the Internet age on the entire human civilization, so while other companies are still evaluating the risks of large-scale investment in basic communications, the Eastern Group has taken the lead.

The purpose of Li Xuan's flight to the United States this time is to personally sign several important acquisition agreements! )