Chapter 803: Return to Hong Kong

On July 15, 1993, after his trip to Japan, when Lin Qi flew back to Hong Kong, he felt a heat wave blowing in his face. It's not just the heat of the weather, it's the frenzy of the stock market.

The Hong Kong stock market in '93 had a heat that was no less hot than the Japanese real estate and financial markets in '89.

Back in 82 years, the Hong Kong stock market was still pessimistic about the outlook, and the Hang Seng Index once fell below 676.30 points, after which, the Hong Kong dollar was run, real estate, the stock market collapsed, and many pessimistic people in Hong Kong cut real estate and stocks and other assets at the lowest point, cashing out funds to emigrate. Many foreign investors have fled in a hurry because of the pessimistic outlook for Hong Kong.

However, after the Sino-British joint statement, the real estate and stock markets continued to boom for ten years. The Hang Seng Index has not only rebounded from 676.30 points ten years ago, but has also come out of an unprecedented bull market, rising tenfold in ten years.

In just 93 years, the index has gone from 5,000 points to a tiger. At present, it has risen above 7,500 points, and according to the current situation, it is not difficult to break through 10,000 points this year.

It can be said that if you sell your Hong Kong house or stock in '84, most of them will probably regret it! Because the bear market should have been a period of buying, but because of the constant panic of cutting meat and selling. The big bull market is when people cash out or use other means to realize their profits, and many people instead increase their capital investment in the big bull market to take over the bigger and bigger bubbles.

Of course, investors who invest in the Hong Kong stock market are among the lucky few compared to most markets in the world. Broadly speaking, people envy the long-term bulls of the United States, but in fact, the Hong Kong stock market has a better return than the United States in the long run. Hong Kong's stock market has suffered a wave of development, and one wave is the economic growth dividend of Hong Kong after World War II, when the population poured into Hong Kong by itself. Later, there are the dividends of globalization and the dividends of China's economy.

After eating round after round of new dividends, the Hong Kong stock market has undoubtedly prospered a little longer than the Japanese stock market before the 90 years of collapse. Although, after round of stock market crashes. But it is out of the myth of the epic long bull, since the announcement of the Hang Seng Index in 1969, in fact, it has been a shock forward, in 1969 the Hang Seng Index was only 158 points, and in 73 years has risen to 1774.96 points, a record increase of more than 10 times. In 73~74 years, many older generation investors in Hong Kong have deep memories, and the most tragic epic bear market once fell below 150 points. But by 1981, the Hang Seng Index had hit a record high of 1,810 points. 81 ~ 84 years of long bear, well, just for the Hong Kong stock market is a relatively long bear market, if compared with the United States 29 years after the Great Depression of more than ten years, and later Japan decades of bear market, and even with the A-share market after 08 years hit a new high of 6000 points, more than 10 years of bear market, Hong Kong's market is still a bull long bear short feng shui treasure land.

The lowest in 84 years began at 676 points, and then embarked on a new journey, and before the flash crash of the U.S. stock market in 87 caused a global stock market crash, the Hang Seng Index was a record high of 3949.7 points. The lowest in '87 fell to 1894 points, followed by another round of long-term bull market, and the peak again came to 12599 points on January 4, 94.

After '94, the bear market was only two years, falling to 6,890 points in '95.

However, since 94, the Hong Kong Stock Exchange began to launch the listing of mainland companies in Hong Kong. A large number of domestic enterprises continue to list in Hong Kong. It has become a new driving force for the continuous growth of the Hong Kong stock market. The Hang Seng Index gradually began to eat the dividends of China's economic growth, setting an epic long bull. By 2007, the Hang Seng China Enterprises Index had reached a peak of 20,000 points. In 2018, it broke through the top of 07 years and rose to more than 30,000 points!

Although there will be a bull market window in the future, every bull market needs to be fully utilized, seize the bull market time window, and those who are ready to go public will hurry up, and those who have already been listed will take the opportunity to launch a plan to issue new shares.

After Lin Qi returned to Hong Kong, he quickly followed the management and board of directors of his major listed companies to seize the time to take advantage of the good market situation and raise more funds.

Of course, if you take advantage of the good market conditions, you may be able to make more money by selling stocks. However, Lin Qi would not do this.

Because, the Hong Kong market does not look at the number of listed companies, and the market value is also getting bigger and bigger. But in reality, you are very limited in how much you can buy stocks.

For a big capital like Lin Qi, every move is no longer as simple as influencing the market, and he is a part of the market. Therefore, it has become more and more difficult to play with practices such as selling high and buying stocks and assets low. Because, as soon as he sells stocks, even a little bit, the market will be scared to death, and everyone will smash the market faster than Lin Qi, and there will be no funds to buy in the market at all.

Therefore, Lin Qi basically does not sell stocks, but when the market is good, he will issue more financing such as additional stocks and bonds. By increasing the high price, to get some funds, the impact on the market is obviously lower than the sell-off!

At present, most of the listed companies under the new entrepreneurship department have benefited from the continuous influx of funds in the Hong Kong capital market, which has pushed up the stock price to continue to rise.

For example, Hang Seng Bank has gained the favor of the market because it has benefited from the brand of the Hang Seng Index. At the beginning of the year, the market value of Hang Seng Bank exceeded HK$120 billion. By July, the market value was close to 180 billion Hong Kong dollars, which was only about 10% away from HSBC's market value of 200 billion yuan.

In July, the company released a half-year revenue and profit forecast for the first half of the year, with a revenue of more than 30 billion Hong Kong dollars and a net profit of more than 5 billion Hong Kong dollars, making it an absolute industry leader in the global lithium battery industry. It is precisely because of this that the market value of Aika New Energy has exceeded 270 billion Hong Kong dollars, and it has re-become the largest company in terms of market capitalization on the Stock Exchange.

The market value of the new venture film and television company exceeded HK$50 billion, and the market value of the new venture publishing group exceeded HK$700. In addition, there is Phoenix Games, which has just been listed this year, and its market value has continued to soar to HK $150 billion.

Even the most inconspicuous new electronic toy company under the new entrepreneurship department has a market value of more than 20 billion Hong Kong dollars, which can be called the largest toy listed company in Asia.

It can be said that every listed company under Xinchuang, except for Xinfei Electronic Technology, which was privatized and delisted in the Japanese market, has not cheated investors. Basically, there are few investors who hold for a long time who don't make money.

It is precisely for this reason that on July 19, New Venture Film and Television Company and New Venture Publishing Group successively announced a financing plan of 1.25 billion US dollars.

Both companies raised the same amount of capital by issuing additional shares in the Hong Kong market to raise funds. Even the target of the investment is exactly the same.

The company plans to raise US$1.25 billion, mainly for the strategic investment of 4% equity interest in Xinfei Electronic Technology Co., Ltd. As a technology giant with great influence in the world, Xinfei Electronic Technology has strategic synergy value with the company's business. Investing in the shares of Xinfei Electronic Technology Co., Ltd. is a promotion for the VCD and DVD disc distribution business, and Xinfei Company is currently launching DVD and DVD-ROM products, which has huge room for growth, in addition, it is not ruled out that Xinfei will be re-listed in the future, so as to further increase the ...... of interests"

"Due to the needs of business diversification, we applied for an additional issuance of US$1.25 billion in shares, and the purpose of the funds was to purchase 4% of the equity of Xinfei Electronic Technology Co., Ltd. This investment is expected to bring long-term investment benefits to the Company. ”

The financing plans of New Venture Film and Television Group and New Venture Publishing Group were quickly approved by the Stock Exchange.

Subsequently, major securities issuers, crazy roadshows, attracted investors to subscribe.

In a bull market, any news is good.

What's more, the projects subscribed by the two companies for additional shares are relatively reliable, and it is indeed possible to make profits in the future. Therefore, the market is eager to buy it......