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Chapter 42 Listing of the company

This book is about to end, and the new book "Countercurrent Fighting Qing Dynasty" has been uploaded. I beg my friends to continue to support me. I am very grateful for my continued encouragement and wish my friends a happy family and a smooth career.

The 1967 anti-British violence caused the British and Hong Kong authorities to re-examine their policies and began to pay attention to people's livelihood, and directly led to Hong Kong's reforms in education, medical care, integrity, housing and other aspects in the 1970s. However, excessive actions, such as later assassination and bomb placement, also disrupted the lives of citizens and made citizens panic.

The deterioration of the security situation has caused some citizens to sell their property and leave Hong Kong for safety, forming the first round of immigration in Hong Kong. The prices of urban buildings have fallen sharply, and the stock index has fallen to 58.61 points at the lowest closing point in history.

It is in such a turbulent environment that some wealthy people have the opportunity to stand out and make a fortune in the future. Of course, Meng Youtian is not the only one who is smart, courageous and courageous. He relies on opportunism, while others have meticulous analysis and risky actions. The trick to making money by selling high and buying low is so simple, but it is not easy for a person to truly do this.

Great Wall Industrial has absorbed a large number of properties sold at low prices, and combined with the accumulation of previous years, it can compete with the veteran British-owned company Land. Meng Youtian's family leaving Hong Kong has made his absorption actions somewhat confusing and concealing.

His career reached a higher point, but Meng Youtian was not happy and made money and was numb, losing the challenge and passion. Naturally, he lacked the excitement and excitement. But he still had to live his life. No matter how much money he earned, he would only have three meals a day, eating and sleeping.

In the early 1970s, with the return of people leaving Hong Kong and the launch of a "ten-year housing construction plan" formulated by the Hong Kong government, the Hong Kong real estate market began to recover and investors' confidence quickly recovered. Great Wall Industrial used its strong land reserves to accelerate building construction and make a fortune.

The eldest son has gained a foothold in the board of directors of Hang Seng Bank. He has been constantly expressing opinions on behalf of his father who is always absent. Together, he has 35% of the equity, which makes him play an important role in the board of directors.

The eldest daughter's Jiale chain has dozens of branches, which are cheap, fast and novel, occupy a place in Hong Kong's retail industry and expand its business in Singapore. The benefits are booming.

The third daughter is gradually taking over the clothing company of her mother Zijuan. Only Xiao Man's children are the youngest. She has not taken over her own family, but the management has been formed, so she doesn't have to be very tired.

The rapid growth of his children undoubtedly made Meng Youtian more idle. But he knew that he would help the company and come up with some ideas, and he would be able to rest in the rest of his life. And fighting in the stock market would be much more passionate and more exciting.

This time came very quickly, and people always created opportunities for the lazy guy Meng Youtian. In 1969, Li Fuzhao took the lead in establishing the "Far East Stock Exchange", which immediately brought Hong Kong's securities industry into the fast lane. More importantly, this exchange broke the monopoly of foreign capital, paved the way for Chinese businessmen to go public, and created opportunities for their future success.

On September 16, 1971, there was a burst of joy in the headquarters of Great Wall Industrial, and the sound of opening champagne bottles was heard one after another. Today, Great Wall stock, listed on the Far East Stock Exchange, was listed on the bull market, opened high and closed high, and had already broken through the two yuan mark, doubling, raising huge amounts of funds for Great Wall Industrial.

As the leader of the Hong Kong real estate industry, it has several profitable companies. Great Wall Industrial has long been qualified to go public, but Meng Youtian has to choose the opportunity to raise more funds when the stock market is prosperous. Sure enough, he succeeded. Great Wall Industrial's stock received a 16-fold oversubscription, and it went higher after the opening.

In 1972, Hang Seng Bank was listed in Hong Kong. As the first bank stock to be listed after the war, it received 29 times oversubscription, frozen funds of HK$2.8 billion, equivalent to half of the Hong Kong government's fiscal revenue in 1971. On the day of listing, Hang Seng shares opened high at 175 yuan, rose to a maximum of 186 yuan for the whole day, and finally closed at 165 yuan.

The equity purchased for 35 million yuan that year, with the listing of Hang Seng, the market value suddenly became more than 300 million yuan. Such investment returns will make people shocked to say it.

"Acquiring and mergers will be the main means of future development. The stock market is a place where wealthy people can be created, and the company built by Xin Ruo can be handed over to people at once." Meng Youtian solemnly warned his children, "Don't look at the market value, it is temporary, and the rise and fall are impermanent. Don't be confused by the false in front of you. The most important thing is the company's performance. The funds are strong, but the expansion must also be at a certain level. You can't chew too much, but you can't just chew it too much, but you will be burdened and drag yourself down."

"In addition--" Meng Youtian pondered for a moment and continued: "It's time to develop in a new field. Electronic communications are one direction; resources and minerals are one direction, and energy and power are also one direction; we should also bid for land reclamation projects in Hong Kong and Singapore. But we must have enough funds. In this world, ups and downs, we must prevent it. A steady style must be maintained."

After finishing the conversation like a leader, I talked to my children for a while and then everyone left, leaving only Meng Youtian, Axiu, and Xiao Man.

TV is gradually becoming popular in Hong Kong, and Meng Youtian is really not interested in those early shows. However, Liu Feng and Zijuan have a rare hobby and are obsessed with watching the TV series "Dream of Love" obsessed with it.

"When will the matter be decided on the child?" Ah Xiu finally waited for the time to talk about this topic with Meng Youtian. Although she was not very willing, Meng Youtian just sent someone to investigate and did not express her objection. She couldn't get along with her daughter alone.

"It's okay to settle it anytime." Meng Youtian didn't care. He just wanted to marry a Singaporean. He had already investigated. Although this person's family background was average, he was honest and loyal. He couldn't suffer any loss after marrying his eldest daughter.

"Oh, it's not easy to meet in the future when we get married so far." Ah Xiu sighed and muttered in a low voice.

"What's so difficult? You can arrive in a short time. It's convenient to make a phone call. Or you live at your daughter's house. Isn't it difficult to live in your daughter's house?" Meng Youtian smiled and comforted: "I know you love her the most, but there is no reason to tie your children around you for a lifetime. If your wings are hard, let them fly!"

A Xiu opened her mouth and sighed again helplessly.

"And Man'er, don't keep staring at your children and letting them do business. It's good for any industry." Meng Youtian persuaded Xiao Man again, "When I make my will, I'll belong to whoever I should be. Holding shares will make money is good!"

Bah, Bah, Ah Xiu and Xiao Man both expressed bad luck, "What are you talking nonsense? How old are you? You are not allowed to say this in the future."

Tell, Meng Youtian waved his hand indifferently, "There are many wives and children, and how can we not get a job in the future for property disputes? I made arrangements earlier, but I would lose the embarrassment in the future."

…………………(To be continued...)
Chapter completed!
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