I want to be a giant of Hong Kong Island

Chapter 304 [The arrogance of the 'Hong Kong Island Club']

In May, Cheung Kong submitted an application for listing to the Hong Kong Island Stock Exchange;

Just when Cheung Kong was waiting to go public to raise funds to purchase and develop the land of Cheung Kong Real Estate, the "Hong Kong Island Club" actually rejected Cheung Kong's listing application;
The reason is ridiculous. There are too few properties in Cheung Kong, and there is only one Changjiang Center (the original Universal Building was transferred to Cheung Kong Real Estate for development because it had no money to develop!), so it does not meet the requirements for listing!
Upon hearing this, Wu Guangyao couldn't help but let out a sneer, and said dissatisfiedly, "These British guys are really arrogant!"

The 'Hong Kong Island Club' is a monopoly club, and most of its members are British (independent securities firms or brokers), or securities companies (joint ventures) mainly controlled by British capital.

Therefore, in terms of restrictions on entry into the industry, to put it bluntly, it is a thing for a small group of people or people of a certain class!

For Hong Kong Island as a whole, investment channels are not open.

Therefore, the number of listed companies on Hong Kong Island has been maintained at more than fifty!

But the number of factories has already doubled several times in the past ten years, and the import and export trade volume has also doubled several times;
In other words, the number of listed companies on Hong Kong Island obviously cannot reflect the growth of the overall economic strength of Hong Kong Island!

There is another one, the "Hong Kong Island Club" is controlled by the British, and treats Chinese-funded companies and British-funded companies differently;
It caused the money of Chinese shareholders to flow to British-funded companies, which indirectly helped the growth of British-funded companies. This is the most terrible thing!

This situation lasted until after 1969, when the "three associations" of the Chinese were established, and the "four associations" were formed side by side, and it was considered a change!
"Boss, this Hong Kong Island will deliberately block our Changjiang Industrial for listing. It may not be without the support of the foreign firms behind it! If this is the case, it will be difficult for us to obtain the listing status. Instead of doing this, you simply inject Changshi's land resources into Changjiang Industrial. , to increase our shareholding ratio; we can start the real estate project with a further loan,” Shi Jun said.

In the eyes of the three Musketeers, there is absolutely no need for Cheung Kong to go public, and the boss is not short of money;

But in Wu Guangyao's eyes, after Cheung Kong's listing, he may make more profits;

In addition, Wu Guangyao is planning to wait in Japan, Europe, and the United States to invest in the hotel industry while using the hotel to invest in the real estate industry.

You can't invest all your money in Hong Kong Island, you need to spread it out!
Some people say that the Chinese in Southeast Asia and Hong Kong Island are called "Oriental Jews";
It means that the Chinese in these places will invest their assets all over the world to ensure the safety of private property!
As for the reason, it is very simple, because the Chinese in these places, like the Jews, have no roots!
This is especially true for Chinese in Malay, Thailand, Indonesia and other places;
In these places, they belong to a minority and are in danger of being engulfed from time to time;

So when they have money, they will spread the money to the world.

Wu Guangyao was also worried, if one day he accidentally offended London, there must be more ways out!

Seeing Wu Guangyao lost in thought, the Three Musketeers felt a little uneasy. What is going on with this boss? Why does he have to go public?

"I already have a plan for this matter, you can just work with peace of mind!" Wu Guangyao said suddenly and confidently.

"Yes, boss!" Seeing Wu Guangyao's confident smile, the three of them knew that the boss must have thought of a good solution.

The full name of "Hong Kong Island Club" is called Hong Kong Island Stock Exchange, located at 015 Queen's Road, Central, Hong Kong Island.

At this moment, in an office, a group of British people were laughing wantonly!

AH Porter, chairman of the Hong Kong Island Club, said with a smile: "It's really simple for this Chinese businessman to want to go public with a piece of property! I think he wants to use his reputation in Hong Kong Island to get those stockholders to pay for it. For this In such a situation, I firmly do not support it! We on Hong Kong Island would prefer high-quality assets like Jardine Matheson to be listed, so as to be worthy of those shareholders!"

After hearing what AH Porter said, Keswick responded: "Of course, we, Jardine Matheson, are preparing to go public, and we will have to trouble Chairman AH Porter at that time!"

"Please rest assured, Mr. Keswick, the citizens of Hong Kong Island now trust our British companies more! From the stock trading of listed companies, it can be seen that everyone is not very interested in the stocks of the dozen or so Chinese-funded companies; they I prefer British-funded companies, which can be seen from the recent listing of China Gas Company!"

Keswick was a little annoyed when AH Porter suddenly mentioned China Gas Company!

Because China Gas Company is a subsidiary of Wheelock & Co., but recently, Little Madden of Wheelock & Co. and Wu Guangyao have gotten very close!

This time Keswick invited Little Madden to come to the Hong Kong Island Club to lobby Chairman AH Porter, but Little Madden refused without hesitation.

This made Keswick feel that little Madden doesn't know how to flatter him, and he is not as friendly as old Madden!
In fact, what Keswick didn't know was that although Ma Deng and Wu Guangyao went to court, they didn't really have any enmity; Admired, the two would meet occasionally to chat about shipping.

The old Ma Deng often taught the young Ma Deng that if Wheelock wants to cooperate with others in shipping, Wu Guangyao must be the first choice!

Therefore, when Little Madden became the head of Wheelock, Wheelock Shipping took global shipping as the vane, and the two companies also cooperated several times in Hong Kong Island.

This time, not only Hui Defeng did not come, but even Swire Pacific and Hutchison did not come with Keswick, and they did not want to make more enemies.

The arrogance of the Hong Kong Island Club not only aroused Wu Guangyao's anger, it even spread in Chinese circles!
"The annual rent of a Changjiang commercial complex can reach 2000 million Hong Kong dollars, and the property area is 260 million square feet. The Hong Kong Island Council thinks that Cheung Kong is not qualified to list! What a joke!" said Li Fuzhao of the Li family.

Li Fuzhao started stock trading at the age of six and was known as a "stock prodigy". Later, Li Fuzhao studied in the United States after graduating from the University of Hong Kong, obtained a master's degree in business administration from the University of Pennsylvania, and obtained an accountant qualification. Since then, he has been active in the Hong Kong financial market.

At this time, Li Fuzhao was just a broker and stock speculator in the Hong Kong Island stock market. When he heard that the Hong Kong Island Association rejected Cheung Kong, he couldn't help being a little bit aggrieved. This Hong Kong Island Association is really unfriendly to the Chinese!

"Then what can we do? The members of the Hong Kong Island Club are all British. As stockbrokers, we Chinese can only be listed in these British-funded securities companies." The friend said helplessly.

"One day, we Chinese will change this situation!" Li Fuzhao said confidently.

At this time, Li Fuzhao has already germinated to change this situation. I don't know if it will change history!

The Chinese fought against the injustice for Cheung Kong and supported Wu Guangyao in speech;

And our protagonist Wu Guangyao seems to have died down without a sound.

Many people are curious, but this is different from Wu Guangyao's usual style;

With Wu Guangyao's status and character, he shouldn't be so easy to talk to!

No matter what, I have to go to the Hong Kong government to make a fuss!
A week later, the Hong Kong government spread a shocking news in Hong Kong and Kowloon that Wu Guangyao wanted to establish the Kowloon Stock Exchange.

The Hong Kong government also admits that Hong Kong Island is a free economic system, and there is no legal provision that others cannot open stock exchanges, and there are precedents for others to open stock exchanges before;
Therefore, the Hong Kong government cannot intervene in this kind of thing!
For a while, the people of Hong Kong and Kowloon were shocked!

This God of Wealth didn't endure it anymore, but came up with a trick to draw his salary from the bottom of the pot!

Although the stock exchange is a non-profit organization, it can have great power!

After all, they hold the rights to which companies should be listed, which securities companies to become members, and so on!

Therefore, the stock exchange is also a sweet pastry!
"The God of Wealth is so imposing! He grabbed the seven inches of the Hong Kong Island Club! Tell the Hong Kong Island Club, are you convinced?"

"Haha, the Hong Kong Island Council shut out Cheung Kong some time ago, and today I have to worry about the God of Wealth poking into his lair!"

A good show seems to be staged, and everyone is waiting to see this wonderful showdown!

(End of this chapter)