The IPO of EKKA Electronics became the biggest news event in the Hong Kong capital market and the entire region in '87.

Because this is a company with a market value of more than 70 billion, which is higher than the market value of HSBC, Hong Kong's largest wealthy man.

To make an analogy, it is the same as the position of Tencent's stock in the Hang Seng Index of Hong Kong stocks a few decades later. After the rise of Tencent, the market value far exceeds those real estate giants with tens of billions or two or three hundred billion yuan. It also far exceeds the market value of HSBC, which is worth one trillion yuan, but has reached a shocking scale of more than 4 trillion Hong Kong dollars. The huge market capitalization makes Tencent's stock price fluctuate, which seriously affects the index. As a result, the Hang Seng Index is, to some extent, nicknamed the Tencent Index.

Although, the market value of more than 70 billion yuan of Aika Electronics does have a certain bubble.

However, the entire Hong Kong political and business circles have to admit that Aika Electronics has changed the pattern of Hong Kong's wealth ranking overnight.

Originally, Hong Kong was a wealthy family in real estate, clothing, shipping, hotels, etc., and the wealth of their family was between more than 10 billion Hong Kong dollars and billions of Hong Kong dollars. Moreover, many local giants in Hong Kong, whether British or Chinese, are basically difficult to get out of the control of banks such as HSBC and Standard Chartered.

However, the new business department is different from Aika Electronics, because its products are high-tech and high-value-added, and they are in short supply worldwide. Hong Kong's local market accounts for a smaller and lower proportion of the sales and profit scale of its products.

As far as Aika Electronics is concerned, the vast majority of Hong Kong's local revenue and profits are not contributed by local consumers, but by the economic contribution made by the company's products to Hong Kong in the process of import and export through Hong Kong.

Rather than being a Hong Kong company, Aika Electronics is headquartered in Hong Kong for the convenience of business. However, production and R&D are basically in China, and the sales network is all over the world. In terms of structure, it is definitely a well-deserved Fortune 500 company. Even, the quality of the wheel assets cannot be said to surpass HSBC, but it is certainly better than companies such as Cheung Kong Asset, Wharf, and Hutchison Whampoa.

Influenced by Lin Qi, Rong Jian has long not cared about the wealthy family in Hong Kong, a small pond. After all, these giants will not have a higher status than the coal bosses in Shanxi when they look at the world. However, most of the people Rong Jian is dealing with now are scientists with academic achievements, or managers with excellent factory management experience and sales experience. Secondly, some people in the financial industry and the rich in the real estate industry, except for some intersections when they want to rent or buy properties, other times, they can't talk about each other at all.

As the major shareholder of Aika Electronics Company, Rong Jian is now busy dealing with reporters. After all, after the company goes public, it cannot make a fortune quietly, but becomes a more transparent company that receives attention and supervision from all walks of life.

"Boss Rong, the market value of Aika Electronics Company is more than 75 billion Hong Kong dollars, and each share is 60 Hong Kong dollars. The Hong Kong HSBC Bank is only 47 billion Hong Kong dollars in market value, that is to say, Aika Electronics has become the largest listed company in Hong Kong, according to the market value of listed companies, you personally hold 500 million shares, should be worth 30 billion Hong Kong dollars, such an exaggerated value, should be the richest man in Hong Kong......" A media reporter held the microphone and asked.

"Wait, when did I become the richest man in Hong Kong, why don't I know? Mr. Lin Qi, the second shareholder of Aika Electronics, is much richer than me!" Rong Jian said to this lonely reporter in Mandarin, "Aika Electronics has been able to get to this point now, more because of cooperation with Lin Qi." The market is so optimistic about our company, not because of the growth of Pangu computers, VCDs and other products in the world. Eighty or ninety percent of our current business is obtained as a supplier of new entrepreneurship. Our performance is like this, you say, what is the valuation of the new venture electronics group?"

"In terms of the scale of wealth, you have surpassed the historical Rong family. The Rong family is a wealthy family written in history, and in modern history, it has operated textiles, tobacco and other industries. However, now...... The jump of Aika Electronics to the largest listed company in Hong Kong, converted into US dollars, is also close to 10 billion US dollars, not only surpassing the peak level of the Yung family in history, but also the largest listed company in Hong Kong. It is dozens of times more than the wealth owned by the descendants of other Yung families in Hong Kong! Do you think such a huge market value is really reasonable?" the reporter asked.

"From the perspective of development, it is not expensive! We not only have the products we have now, but also have huge market growth space. Now, the global battery consumption is in the transition from disposable batteries to the rechargeable battery market. Conservative estimates, in the next 20 years, the compound growth rate of the battery market is not less than 20%! And our products, due to technical advantages and customer stability, the development speed will be much faster than the traditional battery manufacturers, within five years of listing, we can maintain at least 50% annual growth rate! The funds we get after the listing are more used for technology development and expansion of production, and the current trend shows that our battery production capacity will be in short supply for a long time! Therefore, the profit growth is very stable and certain......

……

After the listing of Aika Electronics, it will be regarded as a feast for the company's shareholders, the Hong Kong Stock Exchange and financial institutions.

For example, Rong Jian, as the biggest winner, was worth 30 billion Hong Kong dollars. Lin Qi only holds 200 million shares, and also has 12 billion Hong Kong dollars more stocks, which is almost 60 times more than the initial investment of only 200 million yuan! Therefore, the most successful investment is definitely not Warren Buffett, but the founder of a successful enterprise! Of course, it is not easy to make an enterprise extremely successful, and it is natural to achieve a rate of return that exceeds expectations!

In addition, the Hong Kong Stock Exchange is also a beneficiary of the listing of Aika Electronics. Previously, the total market value of listed companies on the Hong Kong Stock Exchange was only 100 billion Hong Kong dollars, and the daily trading volume was only more than 300 million Hong Kong dollars in the bull market atmosphere for several years.

However, after the listing of Aika Electronics, the total market value of listed companies on the Hong Kong Stock Exchange exceeded 180 billion Hong Kong dollars. In addition, the daily stock trading volume once exceeded 5 billion yuan.

More than 90% of the stock trading volume is the newly listed Aika Electronics stock.

This huge amount of turnover alone has made Hong Kong's securities financial institutions well-fed.

Of course, as time went on, the volume gradually shrank. However, a week later, the daily turnover of Aika Electronics is still as high as 2 billion Hong Kong dollars, which can be called the popular king of Hong Kong stocks.

The Hang Seng Index is compiled based on the market capitalization of listed companies, and selects dozens of companies with the largest market capitalization. Among them, HSBC, Standard Chartered, and New Venture Publishing Company are all constituent stocks, but HSBC and Standard Chartered have more influence on Hong Kong stocks than New Venture Publishing Company.

However, after the listing of Aika Electronics, and after the update of the constituent stocks of the Hang Seng Index, what has more affected the rise and fall of the Hong Kong Hang Seng Index has gradually become a new entrepreneurial department, rather than a traditional blue chip stock of the banking and real estate type.

Of course, the listing of Aika Electronics is only a beginning, and there are more assets in the follow-up new entrepreneurship department, which is considered to land in the capital market. Basically, the Hang Seng Index will gradually become an index dominated by new entrepreneurs, and will no longer be the vane of Hong Kong's financial and real estate industries.

This kind of change is also a profound change in the development trajectory of Hong Kong, at least, it means that the new economy represented by the new entrepreneurship department replaces the old economic system of Hong Kong's real estate and financial industries.