Video Game Empire

Li Fuzhao always gives the impression that he is strong. Of course, he does have strong capital. The Far East Exchange, founded by him, took just over a dozen years to lead the Hong Kong Stock Exchange, which has a history of nearly 100 years, in business. leading position.

In this stock market turmoil, the Hong Kong Stock Exchange announced a four-day suspension of the market, which seriously dampened investors' trust in the Hong Kong stock market, and directly caused the Hong Kong stock market to fall far more than the securities markets of other countries in the world.

But according to the guesses of most of Hong Kong's running financial news reporters, Li Fuzhao's character will only be tough to the end, and he will never bow his head and admit defeat! But everyone never expected that at the beginning of the press conference, Li Fuzhao released a blockbuster news, announcing that he would not run for the next chairman of the Stock Exchange!

The reporters present were all excited at once, and everyone scrambled to raise their hands to get the right to ask questions! But Li Xuan, who was watching the live broadcast in front of the TV, was not surprised by the news. He just had afternoon tea with Li Fuzhao today, and the two have reached a series of cooperation agreements in advance.

Li Xuan will use his influence to give Li Fuzhao all-round support. And Li Fuzhao will support Li Xuan's GEM plan, and at the same time help Asia Securities to exert greater influence on the chat exchange.

Although Li Fuzhao promised not to participate in the election of the next chairman of the Stock Exchange, this did not prevent him from using his influence to promote other candidates. Li Xuan believes that in the past few days, Li Fuzhao must have reached various deals and compromises with many other people besides himself!

You must know that the Independent Commission Against Corruption is definitely the sharpest knife in the hands of the Hong Kong government. After MacLehose came to Hong Kong to serve as the governor of Hong Kong. Dissatisfied with the habit of corruption in the Hong Kong civil service, the Independent Commission Against Corruption (ICAC) was specially established to be directly accountable to the Governor of Hong Kong. And most of the people who formed the Independent Commission Against Corruption. They were all drawn from the Political Department at that time.

The Political Department is the one that turns a lot of people in Hong Kong off guard, if you're being targeted by it. The final outcome is likely to be deported from Hong Kong and never come back! The Political Department is nominally a department under the Hong Kong Police Force, but it is actually under the independent leadership of the British MI5, responsible for various counterintelligence and intelligence collection work in Hong Kong.

Therefore, the Independent Commission Against Corruption, which is closely related to the spy agency of the Political Department, is definitely a very terrifying department. After Li Fuzhao learned that he was being targeted by it, he had the thought of retreating bravely and hiding behind the scenes. As far as Li Xuan understands, the excuse of the Independent Commission Against Corruption to investigate Li Fuzhao was that someone reported that the senior management of the Stock Exchange had taken bribes when approving the listing application.

The so-called bribery statement refers to when Li Fuzhao accepted the application of a listed company for public issuance of new shares. Companies to be listed at a low price are required to place a portion of their shares at a low price to personnel within the stock exchange. If the new shares soar after listing, these pre-placed low-priced shares can bring a lot of profits.

This practice is actually an unspoken rule in the Hong Kong stock market. Before the merger of the four exchanges, the three exchanges, including Far East, Gold and Silver, and Kowloon, were in a similar situation. The only one without such a bad habit was the Hong Kong Stock Exchange.

The reason why the Hong Kong Stock Exchange can become the only exception is that the real power of the Hong Kong Stock Exchange is already in the hands of various powerful foreign investment banks. And Li Fuzhao's practice of plucking the wild goose is actually cutting the flesh on the brokerages responsible for the underwriting of new shares.

In fact, it was long before the stock market crash. Many senior officials of the Hong Kong government, including the Financial Secretary and the Department of Justice, have criticized the stock exchange for its unsatisfactory operation, hoping to make reforms as soon as possible. But Li Fuzhao has always ignored it, and this stock market crash obviously gave those potential enemies an excellent opportunity to attack.

Li Xuan looked at Li Fuzhao who was chatting on TV. He was completely different from the tired old man who was drinking afternoon tea. According to the previous cooperation agreement between Li Xuan and Li Fuzhao, the other party is going to start to build reputation and make up for the image that was damaged by the stock market crash.

The first stop on his itinerary tomorrow. will visit Jiahua Bank. As one of the largest companies in the Hong Kong stock market by market value, Jiahua Bank's every move can have a considerable impact on the entire Hong Kong stock market. And after Li Fuzhao visited Jiahua Bank. Jiahua will immediately issue an announcement on its plan to repurchase the company's shares.

In this stock market crash, Jiahua Bank's stock price fell by 20% in a week. The Hang Seng Index fell by more than 40% during this period. In this round of stocks, Jiahua Bank should be regarded as one of the relatively stable stocks.

The latest weight of Jiahua Bank in the Hang Seng Index has risen to 10%. It is easy for it to release good news to boost the stock price, and it is easy to have an immediate effect on the Hang Seng Index.

The decline in Jiahua Bank's share price was only affected by the panic in the market. Based on the current share price of Jiahua Bank, the company's price-earnings ratio is only 7.5 times. It should be considered seriously undervalued, so it's not difficult to get Jiahua's stock price up. Moreover, most of Jiahua's stocks are held by institutional investors, and the large number of selling orders this time are actually from retail investors.

In an environment where Hong Kong stocks are falling madly, no one dares to sweep goods on a large scale. However, Jiahua's selling orders were still eaten up a lot, so its decline was much smaller than that of the Hang Seng Index. As long as Jiahua Bank releases good news, it is easy for some investors to feel that this round of stock market disaster has bottomed out, so Jiahua's stock is likely to be looted again.

So even if Jiahua Bank now announces a plan to repurchase its shares, it is still debatable whether it really needs to do it on its own in the future. Be aware that many institutional investors are willing to hold Jiahua's stock for a long time.

As a result, Jiahua Bank's stock liquidity has been low and has forced the listed company to conduct multiple rounds of stock splits. And if Jiahua's stock regains popularity, the board of directors and management can cancel the repurchase plan, so as not to further aggravate the problem of insufficient market liquidity!

After visiting Jiahua Bank, Li Fuzhao will continue to visit Asia Entertainment Company and Hong Kong Telephone Company. The two companies will also cooperate with Li Fuzhao and release a series of good news.

These three listed companies are considered to be Li Xuan's true lineage in the Hong Kong stock market. The actions of the three companies mentioned actually also represent the attitude of "God of Fortune Li". This is for the Hong Kong stock market, which is in turmoil. Definitely a shot in the arm.

In another time and space of the original, the hollowing out of Hong Kong's industry and the turbulent immigration wave in the mid-to-late 1980s. It was a huge blow to Hong Kong's economy. However, due to the appearance of Li Xuan in this life, although the textile, clothing, toys, watches and other light industries that Hong Kong once relied on as industrial pillars, still began to rapidly move northward. However, the newly emerging electronics industry has made up for the vacancy after the departure of the original industry.

Workers who used to work in garment factories and watch factories are now working in electronics factories. Everyone still operates the simple repetitive work on the assembly line, but the wages have increased a lot. You must know that the newly emerging electronics industry in Hong Kong is not the original low-end electronics industry that assembles flashlights and electronic watches, but a factory that produces mid-to-high-end electronic products such as game consoles, TVs, and computers, as well as various parts and components.

A computer can create far more profit than a flashlight or a piece of clothing. Therefore, after taking this opportunity to complete the transformation and upgrading of Hong Kong's industry, it is fully able to withstand the rising level of Hong Kong's labor force at this stage.

You must know that Hong Kong's electronics companies are now under the leadership of the leader of the Oriental Group. It is fighting with companies in the United States, Japan, and Europe. And the human resources and resources of those developed countries are much more expensive than Hong Kong!

This has prevented Hong Kong from rapidly widening the gap between the rich and the poor despite the sharp rise in wages year after year. In another time and space, due to the northward movement of a large number of factories, hundreds of thousands of workers at the bottom of Hong Kong lost their job opportunities and fell back into extreme poverty. This is one of the important reasons for the outbreak of various problems in Hong Kong.

Hong Kong's current economic situation is actually healthier than in another time and space, but the stock market crash in Hong Kong is still coming as promised. Although this has caused Li Xuan's net worth to drop sharply, it is not entirely a bad thing for Dongfang Group. There is a kind of view. This stock market crash is actually a correction to the rapid rise of Hong Kong stocks after the Sino-British agreement was signed in 1984. It's just that the stock market volatility this time caused the collapse of investor confidence, which led to the collapse of Hong Kong stocks.

Although Hong Kong dramas are still in the dark, the fund is already under the direction of Li Xuan. After the stock price plummeted, it began to absorb a large number of blue-chip stocks in the Hong Kong stock market. Although Li Xuan was not keen on speculating in stocks in his previous life, he still read some information anyway.

before the Asian financial crisis. The Hang Seng Index has long since broken, but the current Hang Seng Index is only in the early stages. If it falls for a few more days, it may even fall through the ǎn mark! Li Xuan watched the news seriously. But the little baby in his arms was obviously not interested in the old face on the TV.

Xiao Buǎn struggled constantly, trying to get a more comfortable position, but his father obviously didn't pay attention to him at the moment, so he used two loud cries of "Wow-wow-!" to express own protest!

Only then did Li Xuan come back to his senses, and immediately returned to the role of grandma. But his talent for coaxing children is obviously not as open as making money. No matter whether he hummed a lullaby or made a face, he couldn't stop this little guy in his arms from crying. Seeing her brother in a hurry, Li Ying sat aside and snickered.

It's just that she, the big girl, obviously hasn't learned how to take care of children. Fortunately, Zhong Chuhong walked down the stairs. She squinted at her husband, then hugged her son and patted it twice, and the child immediately became quiet.

"Your business trips have been sorted out for you. When you go upstairs later, you can check by yourself what is missing?" Zhong Chuhong, who is already a mother of three children, is no longer as innocent as a girl in her frown and smile. But more of a gentle and elegant style.

Li Xuan will take his own special plane to fly to the United States tomorrow, and he naturally has several important things in his trip to the United States this time. The "87 stock market disaster" is definitely a painful memory for countless investors around the world. For the "Reagan era," it was a stark watershed. During the first six years of Ronald Reagan's two presidencies, he stimulated the economy through massive government investment, and exchanged huge fiscal deficits for the prosperity of the American economy.

But this practice of drinking poison to quench thirst has also accumulated a lot of contradictions, especially in the context of the continuous strengthening of the dollar, which has led to the decline of the competitiveness of American products and the soaring trade deficit. The "87 stock market disaster" lasted for a short period of time. In just four or five days, the stock markets of various listed companies on the New York Stock Exchange have gradually begun to stabilize.

It's just that the stock market crash still caused a major blow to the economy of the United States and even the world. A lot of wealth was evaporated in the stock market crash, which will inevitably lead to a decline in the purchasing power of the people. The direct consequence of the decline in the purchasing power of the people is that the orders of enterprises begin to decrease and profits begin to decline. Once a large number of companies are in trouble, it may trigger a wave of layoffs, which will make people even more afraid to spend, so as to create a vicious circle and cause a serious economic recession.

For Reagan, his presidency was drawing to a close, bringing America's longest wave of postwar prosperity and taking it to the altar, which is still missed by countless Americans decades later. But Reagan's unfortunate consequences pitted his partner. In another time and space, Bush Sr. faced a full-blown economic crisis after he entered the White House, so that he was forced to leave after only four years in the White House.

But under Li Xuan's advance, Bush Sr. seems to have anticipated the bad situation he may face in advance~www.readwn.com~ is doing his best to start the layout in advance. And the key remedy he found for the next economic recession was to support the development of emerging industries represented by Silicon Valley.

Under the guidance of Bush, five members of the Democratic and Republican parties proposed the "Information Superhighway Act" in both the Senate and the House of Representatives not long ago. Build a high-speed, broadband comprehensive information transmission network mainly based on optical fiber trunk lines, supplemented by microwave and coaxial cables.

Of course, with the current financial situation of the federal government, it is simply unable to come up with a budget of hundreds of billions of dollars to support the construction of such a large-scale national information superhighway. In fact, in the draft of the "Information Superhighway Act" submitted to Congress for deliberation by several members, the actual investment amount of the federal government will not exceed 1 billion US dollars, which is mainly used to guide the formulation and promotion of various technical standards.

The source of these hundreds of billions of funds is to encourage commercial capital to invest in accordance with the principle that whoever invests will benefit. No one knows better than Li Xuan the important impact of the Internet age on the entire human civilization. Therefore, while other companies are still evaluating the risks of large-scale investment in the field of basic communications, Oriental Group has already taken the lead.

The purpose of Li Xuan's flight to the United States this time is to sign several important acquisition agreements in person! (To be continued.)