After the change of identity, the Asian Economic Research Institute made its first name in Hong Kong because of its accurate prediction of the Hong Kong dollar crisis in '83. Its most recent remarkable achievement was the accurate prediction of this wave of rapid appreciation of the yen before the signing of the "Plaza Accord" at the end of September last year.

This has allowed its popularity and influence to even spread beyond Hong Kong to other parts of Asia. Once a research institution has established good social credibility, the role it can play is actually very huge.

For example, the research report on the preparation for the establishment of the Tin Shui Wai Electronic Industrial Park under the leadership of the special strategy committee led by Hon Chung Sze-yuen and finally submitted to the Hong Kong government was actually entrusted to the Asian Economic Research Institute. Anyone with a discerning eye knows that the conclusions of this report could never have been left unintended by the Eastern Bloc.

Because although the Asian Economic Research Institute has changed its name and seems to have nothing to do with the Eastern Bloc, its main source of funding is still the Eastern Bloc. The Asian Economic Research Institute's total revenue for the whole of last year was HK$40 million.

Among them, the Hong Kong government has funded 5 million Hong Kong dollars as the Asian Economic Research Institute's research on major economic issues in Hong Kong. Oriental Group donated 10 million Hong Kong dollars free of charge, and also provided 20 million yuan of cooperative research funds for research on the designated topics of Oriental Group.

Only with money can there be a basis for conducting all kinds of investigations and research, so there is no doubt about the influence of the God of Wealth on the Asian Economic Research Institute. But in the eyes of the public, the highest authority at the Asian Economic Institute is the board of directors.

The seven directors of the board of directors are all invited to serve as well-respected people in Hong Kong, and Oriental Company only has one seat occupied by Han Peng, president of the group.

As for the other important body of the Institute, the Academic Committee, which is responsible for the review of various research topics, is composed of academic experts from various universities in Hong Kong, and has nothing to do with the Eastern Bloc.

After such a package. Naturally, the public is willing to believe in the credibility of the Asian Economic Research Institute. Although the Eastern Group has contributed a lot of money, the rest of the funds are not allocated by the Eastern Group, except for those designated projects involving the Eastern Group itself.

The Asian Economic Research Institute will naturally carry out a series of research projects when it has sufficient funds at hand. For example, according to the practice in recent years, the institute will release an annual report and a semi-annual report on the Hong Kong stock market in early April and early October each year.

The accounting year in Hong Kong runs from 1 April to 31 March of the following year. Therefore, most listed companies will release their semi-annual financial reports in October. The crisis encountered by Hongkong Land during this period actually has a lot to do with the Asian Economic Research Institute!

In early October last year, the Asian Economic Research Institute released the latest half-year analysis report on Hong Kong's securities market. When commenting on the main sectors of Hong Kong stocks, Hongkong Land has unfortunately become a negative example of the real estate sector. Although Hong Kong's real estate industry has been warming up again since last year, Hongkong Land is still making up for the big hole left by previous years, so its profitability is far inferior to that of its peers in the industry.

Therefore, in the Hong Kong stock research report released by the Asian Economic Research Institute, it naturally gave a bad evaluation to Hongkong Land mercilessly. But what I didn't expect was that in the semi-annual financial report released by Hongkong Land itself, the data were much worse than the previous forecast of the Asian Economic Research Institute.

The company's performance fell short of expectations, which is by no means good news. What makes Hongkong Land even more uncomfortable is that the prediction data of Hongkong Land by the Asia Research Institute was quickly cited by many media, and experts from all walks of life were invited to analyze what is the real reason behind Hongkong Land's data being lower than the outside world's expectations!

Of course, Hongkong Land can also challenge the inaccuracy of the Asia Institute's analysis. However, in recent years, Hong Kong has carried out all kinds of fraudulent listed companies because of profits. In contrast, the public is naturally more willing to trust nonprofits like the Asian Institute for Economic Research.

The Asian Economic Research Institute (AEI) has always been concerned about Hong Kong's capital market. Various research reports are published from time to time. Investors like Liu Nguyen Hung generally attach more importance to the professional analysis of the Asian Economic Research Institute. It has always been an important reference for them to grasp the market.

But Liu Ruanxiong now sees the scene of Huo Qiuxing and Li Xuan talking happily, and he will no longer believe that the various data related to Hongkong Land in the previous Hong Kong stock analysis report of the Asian Economic Research Institute are really completely objective.

The report only needs to adjust the relevant figures slightly higher to make the market have higher expectations for Hongkong Land's performance. Once Hongkong Land's performance is lower than the public's expectations, what awaits them is naturally the general bearishness of the market! "God of Wealth Lee" has actually prepared a big net for the Jardine Matheson Group a long time ago, and now the net is being tightened step by step. So I can catch the big fish of Landmark.

"Liu Sheng, your move to buy Hongkong shares before the market closed yesterday surprised us, and we thought that we were spotted by Keswick and others!" Li Xuan said with a smile to Liu Ruanxiong, who was separated from him by a seat.

"Hehe!" Liu Ruanxiong smiled awkwardly.

He finally understood the reason why Li Xuan called him in the morning, and it turned out that he had ruined other people's plans. At this moment, I can't help but feel a little apprehensive. Fortunately, Li Xuan did not intend to ask the teacher for guilt, but praised his accurate vision.

At this moment, two more people walked into the box, and Liu Ruanxiong immediately recognized these two people as Li Xuan's eldest brother Li Ke, and Xu Jiankui of the Xu family. Xu Jiankui has been following Li Xuan in the past few years, and he has benefited a lot from various investments, and has gradually washed away the reputation of the previous swinger brother and has become the backbone representative of the third generation of the Xu family.

At today's dinner, the person who is the owner is actually not Li Xuan, but his eldest brother Li Ke. The subsidiary of Star Optoelectronics under his name is preparing to go public and will entrust Asia Securities as the underwriter of the stock listing.

The listing of Starlight Electronics is naturally a big deal for Li Ke, as long as the company can be successfully listed, then his value will definitely skyrocket immediately. For Asia Securities, this is the second large order received by the company after acting as an agent for Heung Kong Holdings and purchasing the business of the local group, and it is naturally very important.

Although Asia Securities is a newcomer to Hong Kong's securities industry, its ambitions are not small at all. At the beginning of its establishment, the company successfully applied for four practice licenses in one go, including the first, fourth, sixth and eighth types of brokerage licenses, in accordance with the relevant provisions of the Securities Regulations, which can provide comprehensive financial services including securities retail brokerage business, investment banking business, and asset management business.

Don't look at the Hong Kong securities market, there are hundreds of licensed brokers. However, most of them are just a single securities brokerage business, that is, buying and selling stocks on behalf of clients, and receiving a certain percentage of commission from each transaction.

In contrast, the investment banking business has much higher requirements for brokerages to enter the bank. The so-called investment banking business refers to providing business services such as stock underwriting, mergers and acquisitions and financing for enterprises.

Naturally, the investment banking business is more profitable than the securities brokerage business, such as the action of Asia Securities to assist Heung Kong Holdings Company and acquire the local group. Asia Securities was able to receive over HK$100 million in advisory fees from Heung Kong Holdings. It is impossible for most securities companies in Hong Kong to earn this figure in a year's operation.

The reason why Heung Kong Holdings chose the little-known Asia Securities as the consulting company for this merger and acquisition action is mainly because the planning of this action is from the hands of Zhuang Yuhai, chairman of Asia Securities.

The main investor of Asia Securities is Li Xuan, and the reason why he chose Zhuang Yuhai to serve as the chairman of the company is to use this acquisition of Hongkong Land to make Asia Securities famous. Because Zhuang Yuhai, as the planner and person in charge of this acquisition, is bound to come to the forefront. So Li Xuan simply squeezed all his value out.

In fact, after the completion of this merger, the focus of Zhuang Yuhai's work will still be put back on the LH investment fund. Counting the recent gains from betting on the yen, the total assets of the LH investment fund have swelled to $2.5 billion. Moreover, the status of LH Fund in the future asset composition will be higher and higher, and Li Xuan must find a capable and trustworthy person to take care of it.

Of course, Li Xuan also attaches great importance to the newly established Asian securities company, which is an important part of his entire financial layout. With the deepening of China's reform and opening up, Hong Kong's position in the global financial market will increase rapidly.

Meanwhile. British-funded securities firms, which occupy a mainstream position in Hong Kong's securities market, are approaching the 97 limit. Influence has begun to wane. The international investment banking giants have just begun to enter the Hong Kong market, and they have not yet had time to expand their influence. As for the mainland securities companies that later occupied half of Hong Kong's securities market, they have not yet been born.

Therefore, at this time, it is the best opportunity for Li Xuan to rapidly expand his influence in the entire Hong Kong securities capital market. After last year's adjustment, Hong Kong's stock market has gradually emerged from the shadow of previous years. It is likely that there will be a round of explosion.

After the Hong Kong Stock Exchange officially begins to operate, the original scattered in the four exchanges will be broken down the flow of capital barriers, the activity of capital will be higher, and many companies have plans to ride a bull this year.

The first batch of innovative companies were previously cultivated by the Oriental Incubator and venture capital. After three or four years of growth and market screening, it has gradually reached the stage where it can be listed. Most of these companies have shares in the Oriental Incubator and Oriental Ventures, which are invested at various stages. Asia Securities can take advantage of this incense to gain some opportunities in future business competition.

However, if Asia Securities wants to obtain the opportunity to underwrite the listing of these new companies, it will ultimately need to show its strength to its clients. And Li Ke's Xingguang Electronics is the first touchstone for Asian securities companies to accumulate strength.

It is impossible for Zhuang Yuhai to focus on the side of Asian Securities, so Li Xuan must find someone who can suppress the scene. In fact, the CEO of Asia Securities is Zhan Peizong, who was known as the "gold medal bookmaker" in the Hong Kong stock market a few years ago.

As early as the early 70s, Zhan Peizong was already a marketman in the Far Eastern Exchange and knew all kinds of Hong Kong stocks very well. In the era when there was no computer automated trading system, every transaction of the customer needed these red vest market sellers to manually match.

There were actually a lot of tricks in the early securities market in Hong Kong, for example, market sellers could rely on the advantage of being well-informed, and use a series of means such as advance trading, rat warehouses, and buying insurance to make profits for themselves, and Zhan Peizong's first bucket actually came from this!

Of course, the reason why Li Xuan takes a fancy to Zhan Peizong is not only because he has the ability to play a series of operational methods in Hong Kong stocks, but also because he has a close relationship with Li Fuzhao, who is about to officially become the first chairman of the Hong Kong Stock Exchange.

The Far Eastern Exchange, founded by Li Fuzhao, has a market value that is far ahead of the other three exchanges in terms of average daily trading capitalization. Moreover, he has won the support of almost all Chinese-funded brokerages, and is bound to take full control of the merged United Exchange.

In fact, it was precisely because Li Fuzhao firmly controlled the Hong Kong Stock Exchange and prevented British and international capital from making profits through the Hong Kong stock market, so the power of these capitals finally put him in prison. But before Li Fuzhao's downfall, Asia Securities could get an excellent growth space by virtue of Zhan Peizong's good relationship with him.

After Zhan Peizong returned to Hong Kong from Canada at the end of last year, he was introduced to Li Xuan by Xu Jiankui. In the early days of Zhan Peizong's career, there was a noble man named Huang Chuangbao, and he and his younger brother Huang Chuangguang respectively ran two strong teams in the Hong Kong Football League, Bulova and Seiko Football Team.

Xu Jiankui is a true fan, and when he lobbied Li Xuan to buy the Hong Kong Oriental Football Team, the two Huang brothers happened to be there. As a result, Li Xuan, a pseudo-fan, left it alone after buying the Oriental team and threw all the management power to Xu Jiankui. In the past few years, he, the owner, has really not been to the home court of the Eastern team to watch a few games.

When Zhan Peizong was in 75 years, he received investment from Huang Chuangbao and founded a securities company. At that time, the Hong Kong stock market was very flat, and Zhan Peizong even helped Huang Chuangbao manage the Bulova team, so he had known Xu Jiankui for a long time. After Xu Jiankui learned that Li Xuan intended to establish a securities company, he immediately thought of Zhan Peizong, who had just returned to Hong Kong, so he recommended it to Li Xuan.

In addition to Zhan Peizong, Li Xuan also unexpectedly recruited another bull to Asia Securities, who was later known as the "father of red chips" in the Hong Kong stock market.

After returning from his studies in Canada, Liang joined HSBC's Windolly Company, and soon made a name for himself. According to the original trajectory, he should have moved to the newly established investment banking division of Citibank in Hong Kong at the end of last year, where he met his future business partner, Du Huilian.

Both later resigned from the company and co-founded Peregrine. This company was the most famous securities company in Hong Kong in the 90s, and it single-handedly opened the wave of mainland enterprises going to Hong Kong for red-chip listing in the 90s!

But Liang Botao was unexpectedly recommended to Li Xuan by a headhunting company, and Li Xuan was not stingy, not only gave the position of vice president of Asia Securities, but also generously gave 5% of the shares of the new company. You must know that the registered capital of Asia Securities is as high as 60 million Hong Kong dollars, which means that Li Xuan directly sent a bonus of 3 million. (To be continued......)