Chapter 82: The Battle Begins

In Shen Chong's previous life, Hong Kong's stock trading was carried out on the Hong Kong Stock Exchange, and in 19ru, there were four stock exchanges in Hong Kong, each fighting each other and competing with each other. Pen ~ fun ~ pavilion www.biquge.info

In 184l, after the British forcibly landed in Hong Kong to open the port, it was positioned here as a free trade port to communicate with China and the West, the rise of trade, inevitably accompanied by financial activities, as early as the sixties of the nineteenth century, Hong Kong had a securities exchange, in 189l, the Hong Kong Stock Brokers Association was established, in 1914 it was renamed the Hong Kong Stock Exchange, in 19l, Hong Kong established a second stock exchange - the Hong Kong Securities Brokers Association, in 1947, the two exchanges merged into the Hong Kong Stock Exchange Limited, a monopoly on all stock issuance in Hong Kong.

The Hong Kong Stock Exchange is referred to as "Hong Kong Club", most of the members are British or people with British background, the audit of listed companies is very strict, so as to influence Hong Kong's investment and financing channels, until 19U9, the entire exchange only 73 listed companies, and at that time Hong Kong's annual import and export volume was as high as more than 100 million, there are more than 10,000 companies, including many very powerful Chinese-funded companies, hovering at the door of the stock market, unable to enter the market.

On January 17, 19, Li Fuzhao, a legendary figure in Hong Kong's financial history, led the establishment of the Far Eastern Stock Exchange, referred to as the "Far East Club".

The success of the Far East Club has allowed more people of insight to see the business opportunities, so in 1971 and 19, there were gold and silver stock exchanges and Kowloon stock exchanges, after the establishment of these four stock exchanges, there are still many people who are preparing to continue to establish new stock exchanges, and the names are getting bigger and bigger, such as the Asian Stock Exchange, the World Stock Exchange, the International Stock Exchange, the United Stock Exchange, etc., but these exchanges with high names are not lucky and have not yet been established. He was beaten to death by the Hong Kong government - because there were too many exchanges and the stock market was in chaos, the Hong Kong government urgently enacted legislation in 1973 to prohibit anyone from setting up a new stock exchange unless approved by the Financial Secretary or the Governor.

The new exchange can not be established, but the old one can still exist, and the situation of "four associations coexisting" lasted until the Hong Kong Stock Exchange was officially established in 19ru, which was considered to be over.

Hong Kong in the early 70s economic prosperity, bank deposit interest rates are very low, but the people suffer from no investment channels, Li Fuzhao's Far East Association was established, in order to attract business, a change to the Hong Kong will strict censorship system, claiming that as long as there is a UU million capital, even a teahouse restaurant can be listed, which is normal in later generations, but at that time it was a strange news, so it immediately attracted a large number of enterprises to go public, just to meet the needs of the people for investment and speculation, so it created a three-year bull market, 19 years, when the Hang Seng Index was foundedIt was only 168 points, and in the spring of 1973, it was as high as more than 17uu, which shows that the stock market was hot at that time, and many companies, such as Cheung Kong Industrial, Sun Hung Kai Properties, New World Development, Eagle Real Estate and other future giants, took advantage of this shareholder wind to go public, thus raising a lot of funds and rapidly expanding into a giant.

As the leader of the four major stock exchanges in Hong Kong, the Far Eastern Group Association is the main battlefield for acquiring the shares of Jardine Matheson, but on the day of 16 July, Shen Chong did not rush to the exchange in the China People's Bank Building on Queen's Road in Central, but stayed at home and waited until Li Kaiyuan called him before leaving home -- Li Kaiyuan did not return all night last night, leaving him alone and unable to sleep.

In the future, there will be a computer to speculate on stocks, the exchange is hung in the middle of the large screen of rolling information, surrounded by traders' desks, and in 19ru, Hong Kong's securities trading is still carried out through manual and telephone, in the trading hall of the Far East Club, the tables are neatly arranged, facing the trading whiteboard in front, the table spacing is very small, the ceiling is very low, the overhead lights are on 24 hours a day, hundreds of traders are crowded inside, the sound is noisy, the noise is boiling, everyone is focused, or call loudly, Or staring at the transaction numbers on the whiteboard, people come and go, the footsteps are in a hurry, there are hundreds of millions of transactions every minute, and no one has time to watch celebrities.

Shen Chong stayed inside for a few minutes before retreating, and when Li Kaiyuan saw him like this, he followed him out and asked, "What's wrong?" ”

"I don't think it's a good environment inside, like a chicken farm."

"Isn't that what all exchanges are?" Li Kaiyuan looked at him and asked, "Nervous?" ”

"I was nervous last night, but I'm not nervous at all." Shen Chong raised his chin and said, "We can't help here, let's go to the lounge over there and wait for news." ”

"Okay." Li Kaiyuan stretched out his hand, took his arm, and asked knowingly as he walked, "Nervous last night?" ”

"I'm nervous."

"Nervous me, or nervous her?"

"Nervous."

"It's slippery." Li Kaiyuan pinched him lightly and said, "You are not nervous about today's more than one billion transactions, what is there to be nervous about last night." ”

"You're more important than money." Walking into the lounge, Shen Chong closed the door with his foot, then turned around, put his arm around her waist face to face, and said, "You can make it again when the money is gone, people have run away, where can I find it?" ”

"Rhetoric, if you don't have money, who cares about you?" Li Kaiyuan was very tall and wearing high heels, she put her forehead on his forehead and said, "You are lucky, I tried my best to talk about it all night, but people just don't run." ”

Shen Chong spat lightly, not knowing whether it was helplessness or relief.

Neither of them spoke, they stood like this, and after a while, Li Kaiyuan said: "I like this feeling very much." ”

"Huh?"

"When others gamble, they will be very nervous with a bet of thousands of dollars." Li Kaiyuan pulled away a little and said: "You want to gamble more than a billion today, but now you are playing with me, whispering, I like your calm and relaxed appearance, which makes me feel at ease." ”

Shen Chong looked into her eyes and said, "I'd rather take these billions to buy you from harm." ”

"I'm not that vulnerable." Li Kaiyuan smiled and said, "I don't believe that there are people in this world who love me more than you." ”

The two of them were in the lounge, talking boring but tender words, until it was almost noon, Yuan Tianfan pushed open the door and said, "Mr. Shen, Jardine Matheson has begun to fight back." ”