【Chapter 1253】 Stock Market Storm (Subscription Requested!)

On the weekend, Xiao Feng spent two days with the children in Disneyland, and later went to Ocean Park to get in touch with those lovely sea creatures, and the bright happy smiles on the children's faces were the greatest comfort for Xiao Feng and his wife. Pen "Fun" Pavilion www.biquge.info

As for the listing of the 'Jinghu Scenic Area' on the Xiangjiang Stock Market, the procedure is proceeding in an orderly manner, and Xiao Feng's stay outside will not affect the progress of the work.

In fact, the management of the 'Jinghu Group' has long been accustomed to Xiao Feng, the boss, not interfering in the operation of specific affairs, and if Xiao Feng is pointing fingers at him, it may have the opposite effect.

As a subordinate company of the "Jinghu Group" and a second-level company with independent and financial capabilities, "Jinghu Scenic Area" is naturally popular in the capital market when it wants to be listed.

You must know that the 'Jinghu Group' is not only profitable, but also has a huge cash flow, and the prospects of the 'Jinghu Scenic Area' are optimistic no matter what.

What's more, the 'Jinghu Scenic Area' is not only backed by the 'Jinghu Group', its outstanding performance in the tourism market has won the favor of investment institutions, and this time, it has not encountered too many obstacles in the listing process.

In the just-concluded year of 2018, the 'Jinghu Scenic Area' has received a total of more than 12 million domestic and foreign tourists, becoming one of the top 20 super scenic spots in China.

Looking at the data of the 'Jinghu Scenic Area' in the past 10 years, it has been rising in terms of the number of receptions, profitability and reputation, and it is an enterprise with good room for development.

Therefore, combined with various factors, the listing process of 'Jinghu Scenic Area' in the Xiangjiang stock market is naturally smooth.

This time, 'Jinghu Scenic Area' will put 40% of the shares into the secondary market for circulation, and it is expected to raise 40 billion RMB, and investment banks, including ********, have opened a market value of 100 billion RMB for 'Jinghu Scenic Area'.

When the general enterprise is publicly listed, the underwriting of these stocks often incurs marketing costs at the stage, whether it is a brokerage or an investment bank, it is selectively purchased, and many stocks need to be put on the secondary market to be tested.

However, this time, 40% of the shares of the 'Jinghu Scenic Area' were all contracted by brokerages and investment banks, and they were underwritten at a price of 10RMB per share, because these investment institutions were determined that after the listing of the 'Jinghu Scenic Area', the stock price could break through the price of 13-15RMB in a short period of time, and the difference in price could make them a lot of money.

Driven by interests, whether it is an investment bank, a brokerage or the Xiangjiang securities market, the listing of the 'Jinghu Scenic Area' on the Xiangjiang stock market is a green light, and even many things do not need to be handled by the 'Jinghu Group'.

Some media reporters joked that the 'Jinghu Scenic Area' may be the most relaxed listed company in the 100-year history of the Xiangjiang securities market, and everything can be described as smooth.

When Xiao Feng returned to the Peninsula Hotel with his children from a weekend vacation, Zheng Xia also reported to him on the preparations for the listing of the 'Mirror Lake Scenic Area', and now everything is ready, waiting for the official listing tomorrow.

In this regard, Xiao Feng did not have too many suggestions, but just asked Zheng Xia to proceed as originally planned, and tomorrow he and Xiao Qiang and others will go to the Xiangjiang Securities Market to participate in the listing ceremony.

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Securities trading in Hong Kong was first seen in the mid-19th century, and by the time the Hong Kong Brokers Association was established in 1891, there was a formal securities trading market in Hong Kong.

The Hong Kong Brokers Association was renamed the Hong Kong Brokers Association in 1914, and the second exchange in Hong Kong, the Hong Kong Joint-Stock Association, was incorporated in 1921. The two were merged in 1947 to form the Heung Kong Stock Exchange, and together they rebuilt the Heung Kong stock market after World War II.

Since then, Hong Kong's rapid economic development has led to the establishment of three other exchanges – the Far Eastern Stock Exchange in 1969, the Gold and Silver Stock Exchange in 1971 and the Kowloon Stock Exchange in 1972.

Under pressure to strengthen market regulation and merge the four exchanges, the era of the four exchanges came to an end on 27 March 1986, and The Stock Exchange of Hong Kong Limited (the Exchange) was incorporated in 1980 and commenced operations on 2 April 1986.

The Stock Exchange and the Hong Kong Futures Exchange (HKFE) were demutualised before 2000, merged with the Hong Kong Securities Clearing Company Limited (HKSCC) on 6 March 2000 under the sole holding company of Hong Kong Exchanges and Clearing Limited (HKEX), and listed on the Stock Exchange by way of introduction on 27 June 2000, becoming one of the first exchange groups in the world to be listed.

The Hang Seng Index, compiled by Hang Seng Index Services Limited, a wholly-owned subsidiary of Hang Seng Bank, is a weighted average stock price index with 50 listed stocks in the Hong Kong Stock Market as its constituent stocks and its issuance as the weight. The index was first publicly released on November 24, 1969, with a base period of July 31, 1964, and a base period index of 100.

The securities market of the Hong Kong Stock Exchange has two trading platforms, the Main Board and the Growth Enterprise Market, which provide a fundraising market for different types of companies.

At present, nearly 1,000 mainland Chinese enterprises have been successfully listed on the Heung Kong Securities Market, more than half of the listed companies in the securities market, and their market value exceeds three-quarters.

From the analysis of this data alone, it can be seen that the economy of Xiangjiang is highly dependent on the mainland, and Xiao Feng really can't figure out what those brain-dead elements have to be proud of?

In Xiao Feng's view, with the deepening of global economic integration and the continuous development of China's mainland economy, the more Xiangjiang cannot do without the support of the mainland, the original estrangement will gradually disappear, and all reactions going against the current will be crushed by the torrent of history.

'Jinghu Scenic Area' is a company registered in China, so this time it will be publicly listed as H-shares on the Heung Kong Stock Market, and it will also become the 238th H-share company on the Heung Kong Stock Market.

Since the first H-share company, Qindao Beer, was listed in Hong Kong in 1993, the rise of H-shares has attracted a large amount of international capital to invest in Hong Kong, increasing the market value of the Hong Kong stock market, and making it more mature and international.

In a sense, the history of the rise and fall of H-shares in the Hong Kong stock market is the development of the Chinese economy in the past 25 years, and it is also the glorious background of the rise of the Chinese nation.

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On Monday morning, the Hong Kong Stock Exchange welcomed a special group of guests, including senior executives from the 'Kiang Wu Group' and their families, accompanied by the head of the Stock Exchange, who arrived at the Stock Exchange half an hour before the market opened.

The traders and staff who are preparing for the start of today look at these guests and immediately know that there will be another domestic company listed today.

For the staff of the Stock Exchange, the continuous listing of domestic companies on the Stock Exchange means that the Stock Exchange is becoming more prosperous and their income will not continue to increase, so they are naturally warmly welcomed.

Some of the unpleasant incidents that have occurred in Hong Kong in recent years are mainly caused by some young people who do not have a correct world view and national concept, such as the employees of the Stock Exchange, most of whom are the elite of this society, and naturally will not be swayed by some brainless remarks.

Generally speaking, most of the representatives of companies listed on the Stock Exchange are corporate executives, business owners or local government officials, but it is really rare for someone like Xiao Feng to drag his family and lead his family.

However, Xiao Feng's popularity is not small, many people quickly recognized Xiao Feng, Xu Mengyao and the children, and many bold employees even took out their mobile phones to take pictures despite the fact that the bigwigs of the Stock Exchange were there.

For the crazy star-chasing behavior of the employees, the bigwigs of the Stock Exchange are also a little crying and laughing, don't look at these employees who usually wear suits and leather shoes, they are the gold-collar class of the entire Xiangjiang society, but in the face of a super idol like Xiao Feng, they are also a little uncontrollable.

However, these bigwigs didn't think to stop it, usually this stock exchange is full of cold data, but now because of the arrival of Xiao Feng and others, it has also added a bit of popularity.

Xiao Feng's identity is different from that of other ordinary private entrepreneurs in the mainland, and the Stock Exchange's reception specifications for Xiao Feng are naturally different.

This time, 40% of the 'Jinghu Scenic Area' listed on the Stock Exchange is expected to stabilize at around 50 billion RMB, which is only a small percentage of the total market capitalization of more than 7 trillion RMB on the Stock Exchange.

However, Xiao Feng's identity and the huge scale of the 'Jinghu Group' have made the bigwigs of the Stock Exchange have to pay attention to it, and perhaps the 'Jinghu Group' will become a key factor in the future of the Stock Exchange's greater glory.

The bigwigs present are all human spirits, so naturally they will not miss the opportunity to make friends with Xiao Feng, so the atmosphere of the whole reception process is quite harmonious!

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At nine o'clock in the morning, Xiao Feng and his entourage, accompanied by the bigwigs of the Stock Exchange, appeared on the platform on the second floor of the exchange, which is also the place where the bell ringing ceremony was held.

In the past few decades, more than 2,000 enterprises have sounded the bell to enter the Hong Kong securities market, and these enterprises have supported almost half of China's mainland economy, which is of far-reaching significance.

'Jinghu Scenic Area' will be officially listed on the Xiangjiang Securities Market as the 238th H-share of the Xiangjiang Stock Market, which may open a wave of listing of secondary companies under the 'Jinghu Group', and the outside world is naturally quite concerned about this!

This time, reporters from hundreds of heavyweight media, including Huaxia Society, Huaxia National Television Economic Channel, Xiangjiang Financial Channel, Haizhou First Financial Network, 21st Century Business Herald, etc., came to the scene of the bell ringing ceremony.

Xiao Feng asked Zheng Xia, the current CEO of 'Jinghu Scenic Area', to deliver a listing speech on behalf of the company, which is one of the best rewards for her hard work over the years!

Zheng Xia and Yang Yuanhang entered the 'Jinghu Scenic Area' almost at the same time, and when Yang Yuanhang was the executive president, she was Yang Yuanhang, and was responsible for the preparation and operation of the 'Jinghu Hotel', which can be regarded as the veteran of the group.

After Yang Yuanhang left 'Ginkgo Village' and went to the United States to prepare for the establishment of 'Jinghu International', Zheng Xia successfully took over as the CEO of 'Jinghu Scenic Area', and developed this scenic spot where Yang Yuanhang laid a solid foundation into a well-known scenic spot in the country today.

Zheng Xia, Xu Mengyao, Xiao Xiao, Ye Li and a large number of female executives are the beautiful scenery of the 'Jinghu Group', which has won more attention and honor for the group.

Even the most extreme feminist organizations cannot blame the 'Jinghu Group' employment system, which values female employees much better than many companies.

Now, Zheng Xia delivered a listing speech on behalf of 'Jinghu Group', and for a while Zheng Xia immediately became the focus of attention of all media reporters on the scene, and it is estimated that the headline photo of many media tomorrow will be Zheng Xia.

After Zheng Xia, the person responsible for ringing the bell is naturally Yang Yuanhang, the founding father of the 'Mirror Lake Scenic Area', Xiao Feng did not make this limelight, after all, today's glory should belong to Yang Yuanhang and his team.

Ask yourself, Xiao Feng knows that the rise of the 'Jinghu Scenic Area' has little to do with himself, although the 'Jinghu Group' he created and the 'Ginkgo Village' with the right time and place have played an important role in it, but most of the affairs are done by Yang Yuanhang and his employees.

Therefore, Yang Yuanhang is the biggest hero of the 'Mirror Lake Scenic Area', and it is natural for him to enjoy the glory of ringing the bell.

Yang Yuanhang owns 5% of the shares of 'Jinghu Scenic Area', and if the current prices offered by major investment banks and brokerages are used, the value of this part of the shares exceeds 5 billion RMB.

In fact, in addition to Yang Yuanhang, the executives of the "Jinghu Scenic Area", including Zheng Xia, also jointly hold 10% of the shares of the "Jinghu Scenic Area", and this public listing will be rumored to create more than a dozen billionaires and hundreds of multimillionaires, and the name of the super-rich manufacturing base of the "Jinghu Group" is getting louder and louder!

With Yang Yuanhang striking the gong of the Stock Exchange, the 'Jinghu Scenic Area' was officially listed on the Xiangjiang Securities Market, and the stock price of 10RMB/share rose after the opening, and soon reached 12RMB/share.

By this time, everyone knew that the listing of 'Jinghu Scenic Area' had been initially successful, and the scene was jubilant!

Although he has experienced the big scene of 'Brilliant Tourism' being publicly listed on the NASDAQ, Xiao Feng is still quite excited in the face of today's picture.

Money has long been a numbers game, but the popularity of 'Jinghu Scenic Area' in the capital market also means that Xiao Feng's work in the past 10 years has been recognized by the society, which is what makes him the happiest.

Within half an hour, the news that 'Jinghu Scenic Area' was successfully listed and the stock price rose sharply spread all over the world through the developed Internet, and people had a deeper understanding of 'Jinghu Group'.

'Jinghu Scenic Area' is just a second-tier company with a low level of profitability under the 'Jinghu Group', but investors in the Hong Kong stock market still offer it a price-to-earnings ratio of more than 20 times, and this price-to-earnings ratio is still increasing as the stock price continues to rise.

If it is replaced by projects with strong profitability such as 'Jinghu Dairy' and 'Xiao's Winery', I am afraid it will set off a huge wave in the global securities market!

'Jinghu Group' is constantly showing people its grandeur! )