I lost my vegetative state, and I became the richest man in the world
Chapter 1387 Red chip stocks appear!
Chapter 1387 Red chip stocks appear!
Qiu Mantun looks unattractive, even a little dark, but he is really good at killing rats.
That night, Qiu Mantun did not plan to sleep, but stayed up all night to kill rats.
Because it is the time when rats are active at night, it is easiest to get rid of rats.
At this time, Yang Ming was still in the study.
Li Jiaxin and Yingla were with them.
It was almost ten o'clock in the evening.
Azhu came in and said, "Master, that rat exterminator really caught a lot of rats just now. Several of them were very fat and looked very scary."
Qiu Mantun had just caught several rats in the basement, some of which were still alive. As for how he lured the rats out, others didn't know.
Even if the bodyguard is watching, he can't tell it, but the other party has such a method.
Moreover, in Qiu Mantun's opinion, the rats here in the Xiangjiang Mid-Levels Villa are not as cunning as the rats in rural areas in China. Many of them are really difficult to catch, and there is no medicine for them. They will run away when they see the mouse trap.
However, the mice had no idea about the new gadgets he brought now.
"Let's see how many he catches tomorrow morning!"
Yang Ming saw that it was very late, so he was going to rest.
These days, Yingla has been accompanying Yang Ming.
On the surface, she was afraid of mice, but in fact, she also wanted to stay with Yang Ming.
Of course, Li Jiaxin also wanted to stay with Yang Ming, mainly because she wanted to have children.
. . .
Early the next day.
When Yang Ming got up, he came down from upstairs and saw many people looking at a cage outside.
Inside that cage was the result of Qiu Mantun's night last night. He caught more than 30 rats, some were very big and some were very small. However, now these rats were fighting and biting each other in the cage. It still looks scary.
In fact, rats fighting each other will kill other rats.
Qiu Mantun has seen this kind of thing a lot.
"Mr. Yang, this is the mouse I caught last night."
"Not bad. I caught so many in one night. It seems there are really a lot of mice around this villa."
In fact, it is still because the villa is very large and has many trees and grass. After the rats came from other places, they multiplied very quickly.
In addition, the weather in Xiangjiang is basically very warm, and it is even less likely that mice will freeze to death.
Yang Ming finished his breakfast.
He knew that Qiu Mantun still wanted to catch mice, so he asked Lin Dezhong to arrange for someone to send Qiu Mantun's wife and daughter out to play.
Yang Ming went back to work at the Empire State Building headquarters.
. . .
A week later.
When Qiu Mantun arrived at the Yang family's mountainside villa, he had already caught all the rats around him.
The reason why he made that judgment was based on his own set of methods.
Judging from the medicine he used, the smell left by rats, rat droppings, and other sources, there should be no rats in this area.
Of course, there may still be a few, but it is impossible for them to be as rampant as before when there were so many rats.
Judging from the rats caught by the other party this week, he is very skillful.
In fact, this can be considered a talent.
"Mr. Yang, there may be a leak, but I have kept non-toxic rat poison. If you eat it, you will definitely die. So, if no other rats come to this mountain, there should be no rats here in these years." There will be rats.”
"Great job."
Yang Ming praised.
In fact, like Xiangjiang, it is neither big nor small. Now that the population has exceeded 800 million, it is already a large city with a large population.
In addition, as a world free port, there are many, many large ships coming in and out every day. Many rats may take ships from Hong Kong to overseas, and other rats may take ships from overseas to Hong Kong. This is very possible.
In addition, Xiangjiang is connected to Pengcheng. Even if there is not a single mouse in Xiangjiang, rats will still come from Pengcheng.
However, if most of them can be eliminated and these pesky rats are no longer seen, then the city's environment may get better.
Of course, if there are suddenly more rats in a place, it means that there is indeed a lot of garbage in this place.
Rats are also very smart, and they will definitely move if they don't have anything to eat.
Yang Ming would not let Qiu Mantun come to Xiangjiang in vain.
Although he hopes that he can kill rats for Yang Ming for free.
"I'm going to Yanjing. Do you want to go back to China together?"
"Mr. Yang, I also want to visit Xiangjiang."
In the past few days, his beloved wife and daughter traveled to various places in Xiangjiang. When they came back, they all said that Xiangjiang was beautiful and prosperous.
Now in the early 90s, there are actually very few people smuggling into Hong Kong. However, this does not mean that there are not. In fact, there are still some, but they are very few.
Moreover, now that Hong Kong has relaxed its immigration policy, as long as it is highly educated and capable, it is very easy to immigrate to Hong Kong. There is no need to take the risk of immigrating to Hong Kong.
Except for those who have committed crimes in the country and then use smuggling methods to come here and change their lives again.
"No problem, you can see more in Xiangjiang. Of course, with your ability to eliminate rats, I believe there is a lot of business to do. You can make more money here first."
this afternoon.
Lin Dezhong gave the other party a rodent control fee.
It's [-] Hong Kong dollars.
This amount of money is not considered a large amount of money in Hong Kong, but it is still considered a large amount of money in China.
This 10 yuan is considered a good income.
In addition, Yang Ming also said that there are still a lot of rats in Xiangjiang. He can definitely start a rodent eradication business in Xiangjiang and make money before returning to China.
And that night.
News came out that Qiu Mantun, the domestic rat extermination king, personally arrived in Xiangjiang to eliminate rats in Sir Yang's Repulse Bay mid-level villa.
When the news came out, it immediately attracted the attention of many people.
Rats are an animal that many people hate.
In addition to carrying viruses and bacteria, they also like to bite bad things.
Now Qiu Mantun actually kills rats for Sir Yang, so when others know that he is still in Xiangjiang, they can find him to kill rats.
Suddenly, Qiu Mantun became famous in Xiangjiang again, and his business suddenly increased a lot.
Qiu Mantun decided to stay in Xiangjiang to engage in rat extermination business. As for whether he would go back in the future, he didn't know yet.
. . .
Yanjing International Airport.
Yang Ming's private plane arrived.
Get off the plane.
Yang Ming, He Chaoluo, Ying La, Lin Xiuzhi and others left here by car and headed to the Oriental Mandarin Hotel.
That night.
Yang Ming met the old gentleman and Mr. Jiang successively.
the next few days.
Yang Ming has been in Yanjing.
After participating in the 1993 National Day. October 1993, 10.
Yang Ming left Yanjing and returned to his hometown in his previous life.
After staying there for a week, Yang Ming left here again.
Then his private plane left Yanjing and headed to Ice City for the first time.
At this time, the entire Northeast is in a state of wide openness, and everything seems to be in full swing.
After all the state-owned enterprises in the Northeast were relocated, nearly 2000 million state-owned enterprises and tens of millions of family members followed them southward, and then dispersed to other provinces in the country, the farthest ones may be in the northwest, southwest, and even Guangdong Province.
After these people left, enthusiastic young people from all over the country poured in, and many bosses also followed. They felt that this was the best wave of dividends.
Of course, many people who made their first pot of gold through real estate in Qionghai also flocked to the Northeast.
Yang Ming arrived in Bingcheng.
Although this was his first time here in this world, he felt that it was a little different from when he came here in his previous life.
However, Yang Ming knew it very well.
If it weren’t for the current great opening up in Northeast China.
In fact, around 1997 and 1998 in history, the domestic wave of layoffs swept across the entire Northeast. At that time, the destructive power may have been even greater.
However, there is no other way.
But now, this situation has changed in advance.
With the injection of fresh blood and the entry of capital from Japan and Korea, the entire Northeast is indeed different.
Yang Ming came to Bingcheng for two days.
Two days later.
Yang Ming and others took a flight directly from Bingcheng back to Xiangjiang.
As for Far East City.
Yang Ming did not go again.
. . .
Back to Xiangjiang.
The time came to October 1993, 10.
Qiu Mantun, who was heavily in debt and famous in China, worked for Sir Yang to eliminate rats in Xiangjiang. Instead, he ate quickly in Xiangjiang. Many people invited him to eliminate rats.
What Qiu Mantun never expected was that the rodent control business in Xiangjiang would be so profitable.
In fact, there are companies that exterminate rats and cockroaches in Xiangjiang, and these companies actually do a lot of business.However, since Qiu Mantun came over, he became famous all of a sudden because he killed rats for Sir Yang.
Unexpectedly, during this period, the other party made millions of Hong Kong dollars.
This is unimaginable at home.
However, it is indeed like that here in Xiangjiang.
It's so easy to make money here in Xiangjiang that Qiu Mantun almost doesn't want to go back.
Qiu Mantun, his wife, and daughter no longer lived in Yang's house, but in a hotel. During this period, he had daily rodent control business, which cost tens of thousands of yuan at a time.
In some warehouses, docks, buildings, and even high-end residential areas, the income from rodent control business is higher.
Moreover, rodent control is necessary in many places.
It was just that we had hired a rodent control company before, so we hired Qiu Mantun this time.
"Husband, are you really not planning to go back to your hometown?"
My beloved wife likes the prosperity and life here in Xiangjiang.
Qiu Mantun smoked a cigarette and said: "Of course I have to go back. Xiangjiang is too small. After the rat eradication this time, there was no business for a long time. However, it is different in China. It is very big in China. Domestic business is the real business." A lot of it.”
In Qiu Mantun's view, Xiangjiang is too small. Although there is a large population, the rodent control business is limited. When it is completely completed during this period, it will be completely gone.
He meant what he said, otherwise, he knew, his reputation would still be ruined.
Of course, in addition to Xiangjiang, Haojiang on the opposite side also asked him to go over to kill rats, but he would have to wait for some time before going there.
However, Qiu Mantun knew that when the rodent control business in Xiangjiang and Haojiang was completed and he earned millions of Hong Kong dollars, he would take all of it back to pay off his debts, and then he would re-establish a rodent control company or a rodenticide company.
Now that Yang Ming is famous, Qiu Mantun feels that he no longer has to worry about his business.
Of course, there are others willing to pay top dollar for his secret recipe for rodenticide.
But how could Qiu Mantun be sold?
. . .
At this time, although Xiangjiang is not like the 80s, it is a golden age everywhere.
However, today's Xiangjiang is still different from that in China.
As long as you have the ability and vision, it is easier to make money than at home.
Yang Ming came back from Bingcheng and saw some news in Xiangjiang, that is, about Qiu Mantun continuing to eliminate rats in Xiangjiang for other wealthy people or companies.
Other than that, there's not much news.
However, Yang Ming knew that he had changed the fate of many people.
Like Chen Baiyi.
In history, Chen Bailu died because he took too many sleeping pills.
Also in history, Huang Jiaju died in Toyang due to an accident there.
However, both of them are doing well now, and they have become even more famous after participating in the variety show "Survival Challenge" on Asia Television.
Whether it's Chen Bairu or Huang Jiaju, their fates have changed a lot probably because of Yang Ming.
In addition, it is possible that many people have also changed because of Yang Ming's relationship.
1993 11 Month 26 Day.
Friday.
Yang Ming had just returned from get off work and saw Xu Qingsheng, chairman of the Hong Kong United Stock Exchange, coming to see Yang Ming.
It turns out that Li Fuzhao, chairman of the Hong Kong United Stock Exchange, has retired, and basically no news has been heard from him now.
Xu Qingsheng is still the same Xu Qingsheng. Although he is now the chairman of the Hong Kong United Stock Exchange, when facing his boss Sir Yang, he is not as powerful as he is on TV or in the newspapers.
The two went to the study room, and Xu Qingsheng said: "Boss, many domestic companies are now hoping to come to Hong Kong to list."
Historically, the Hong Kong Securities Regulatory Commission actually reached an agreement with the domestic Securities Regulatory Commission, and then domestic companies came to the Hong Kong Stock Exchange to list and obtain financing.
In fact, Yang Ming has long proposed to allow domestic companies to go public and raise funds in Xiangjiang.
However, there were very few before.
Now many domestic companies only think of listing in Xiangjiang after seeing the Shanghai Stock Exchange and Pengcheng Stock Exchange.
The stock exchange in Xiangjiang is more mature in all aspects of its system, and it is actually easier to raise funds.
In fact, this is the famous red chip stock in history.
Historically, due to the special historical background, there has always been a division between British-owned and Chinese-owned companies in the Hong Kong market.
Later, as the economic ties with China became closer and closer around 97, domestic funds gradually entered Hong Kong, forming the third type of institutions—Chinese-funded enterprises.
Red-chip stocks in the Xiangjiang stock market In the late 80s, Yuexiu Group and Guangdong Group respectively acquired listed companies in Xiangjiang indirectly or directly and achieved listed status.
In the early 90s, Zhongxin's acquisition of Taifu and its subsequent series of successful operations set off a boom in acquisitions by Chinese-funded enterprises in Hong Kong.
据不完全统计,仅在1992年7月至1993年底的一年半时间,被中资收购或参股成为主要股东持股10%以上的香江上市公司有28家,占1993年底香江全部上市公司477家的5.9%。红筹股概念初步形成。
From 1996 to 1997, Shum Yip Holdings and Yuexi Communications were listed one after another. Red chip stocks began to be hotly speculated by the market on the concept of capital injection and restructuring, and the red chip sector was officially established.
Although things are different now than in history, more and more domestic companies hope to list and raise funds in Hong Kong.
(End of this chapter)
Qiu Mantun looks unattractive, even a little dark, but he is really good at killing rats.
That night, Qiu Mantun did not plan to sleep, but stayed up all night to kill rats.
Because it is the time when rats are active at night, it is easiest to get rid of rats.
At this time, Yang Ming was still in the study.
Li Jiaxin and Yingla were with them.
It was almost ten o'clock in the evening.
Azhu came in and said, "Master, that rat exterminator really caught a lot of rats just now. Several of them were very fat and looked very scary."
Qiu Mantun had just caught several rats in the basement, some of which were still alive. As for how he lured the rats out, others didn't know.
Even if the bodyguard is watching, he can't tell it, but the other party has such a method.
Moreover, in Qiu Mantun's opinion, the rats here in the Xiangjiang Mid-Levels Villa are not as cunning as the rats in rural areas in China. Many of them are really difficult to catch, and there is no medicine for them. They will run away when they see the mouse trap.
However, the mice had no idea about the new gadgets he brought now.
"Let's see how many he catches tomorrow morning!"
Yang Ming saw that it was very late, so he was going to rest.
These days, Yingla has been accompanying Yang Ming.
On the surface, she was afraid of mice, but in fact, she also wanted to stay with Yang Ming.
Of course, Li Jiaxin also wanted to stay with Yang Ming, mainly because she wanted to have children.
. . .
Early the next day.
When Yang Ming got up, he came down from upstairs and saw many people looking at a cage outside.
Inside that cage was the result of Qiu Mantun's night last night. He caught more than 30 rats, some were very big and some were very small. However, now these rats were fighting and biting each other in the cage. It still looks scary.
In fact, rats fighting each other will kill other rats.
Qiu Mantun has seen this kind of thing a lot.
"Mr. Yang, this is the mouse I caught last night."
"Not bad. I caught so many in one night. It seems there are really a lot of mice around this villa."
In fact, it is still because the villa is very large and has many trees and grass. After the rats came from other places, they multiplied very quickly.
In addition, the weather in Xiangjiang is basically very warm, and it is even less likely that mice will freeze to death.
Yang Ming finished his breakfast.
He knew that Qiu Mantun still wanted to catch mice, so he asked Lin Dezhong to arrange for someone to send Qiu Mantun's wife and daughter out to play.
Yang Ming went back to work at the Empire State Building headquarters.
. . .
A week later.
When Qiu Mantun arrived at the Yang family's mountainside villa, he had already caught all the rats around him.
The reason why he made that judgment was based on his own set of methods.
Judging from the medicine he used, the smell left by rats, rat droppings, and other sources, there should be no rats in this area.
Of course, there may still be a few, but it is impossible for them to be as rampant as before when there were so many rats.
Judging from the rats caught by the other party this week, he is very skillful.
In fact, this can be considered a talent.
"Mr. Yang, there may be a leak, but I have kept non-toxic rat poison. If you eat it, you will definitely die. So, if no other rats come to this mountain, there should be no rats here in these years." There will be rats.”
"Great job."
Yang Ming praised.
In fact, like Xiangjiang, it is neither big nor small. Now that the population has exceeded 800 million, it is already a large city with a large population.
In addition, as a world free port, there are many, many large ships coming in and out every day. Many rats may take ships from Hong Kong to overseas, and other rats may take ships from overseas to Hong Kong. This is very possible.
In addition, Xiangjiang is connected to Pengcheng. Even if there is not a single mouse in Xiangjiang, rats will still come from Pengcheng.
However, if most of them can be eliminated and these pesky rats are no longer seen, then the city's environment may get better.
Of course, if there are suddenly more rats in a place, it means that there is indeed a lot of garbage in this place.
Rats are also very smart, and they will definitely move if they don't have anything to eat.
Yang Ming would not let Qiu Mantun come to Xiangjiang in vain.
Although he hopes that he can kill rats for Yang Ming for free.
"I'm going to Yanjing. Do you want to go back to China together?"
"Mr. Yang, I also want to visit Xiangjiang."
In the past few days, his beloved wife and daughter traveled to various places in Xiangjiang. When they came back, they all said that Xiangjiang was beautiful and prosperous.
Now in the early 90s, there are actually very few people smuggling into Hong Kong. However, this does not mean that there are not. In fact, there are still some, but they are very few.
Moreover, now that Hong Kong has relaxed its immigration policy, as long as it is highly educated and capable, it is very easy to immigrate to Hong Kong. There is no need to take the risk of immigrating to Hong Kong.
Except for those who have committed crimes in the country and then use smuggling methods to come here and change their lives again.
"No problem, you can see more in Xiangjiang. Of course, with your ability to eliminate rats, I believe there is a lot of business to do. You can make more money here first."
this afternoon.
Lin Dezhong gave the other party a rodent control fee.
It's [-] Hong Kong dollars.
This amount of money is not considered a large amount of money in Hong Kong, but it is still considered a large amount of money in China.
This 10 yuan is considered a good income.
In addition, Yang Ming also said that there are still a lot of rats in Xiangjiang. He can definitely start a rodent eradication business in Xiangjiang and make money before returning to China.
And that night.
News came out that Qiu Mantun, the domestic rat extermination king, personally arrived in Xiangjiang to eliminate rats in Sir Yang's Repulse Bay mid-level villa.
When the news came out, it immediately attracted the attention of many people.
Rats are an animal that many people hate.
In addition to carrying viruses and bacteria, they also like to bite bad things.
Now Qiu Mantun actually kills rats for Sir Yang, so when others know that he is still in Xiangjiang, they can find him to kill rats.
Suddenly, Qiu Mantun became famous in Xiangjiang again, and his business suddenly increased a lot.
Qiu Mantun decided to stay in Xiangjiang to engage in rat extermination business. As for whether he would go back in the future, he didn't know yet.
. . .
Yanjing International Airport.
Yang Ming's private plane arrived.
Get off the plane.
Yang Ming, He Chaoluo, Ying La, Lin Xiuzhi and others left here by car and headed to the Oriental Mandarin Hotel.
That night.
Yang Ming met the old gentleman and Mr. Jiang successively.
the next few days.
Yang Ming has been in Yanjing.
After participating in the 1993 National Day. October 1993, 10.
Yang Ming left Yanjing and returned to his hometown in his previous life.
After staying there for a week, Yang Ming left here again.
Then his private plane left Yanjing and headed to Ice City for the first time.
At this time, the entire Northeast is in a state of wide openness, and everything seems to be in full swing.
After all the state-owned enterprises in the Northeast were relocated, nearly 2000 million state-owned enterprises and tens of millions of family members followed them southward, and then dispersed to other provinces in the country, the farthest ones may be in the northwest, southwest, and even Guangdong Province.
After these people left, enthusiastic young people from all over the country poured in, and many bosses also followed. They felt that this was the best wave of dividends.
Of course, many people who made their first pot of gold through real estate in Qionghai also flocked to the Northeast.
Yang Ming arrived in Bingcheng.
Although this was his first time here in this world, he felt that it was a little different from when he came here in his previous life.
However, Yang Ming knew it very well.
If it weren’t for the current great opening up in Northeast China.
In fact, around 1997 and 1998 in history, the domestic wave of layoffs swept across the entire Northeast. At that time, the destructive power may have been even greater.
However, there is no other way.
But now, this situation has changed in advance.
With the injection of fresh blood and the entry of capital from Japan and Korea, the entire Northeast is indeed different.
Yang Ming came to Bingcheng for two days.
Two days later.
Yang Ming and others took a flight directly from Bingcheng back to Xiangjiang.
As for Far East City.
Yang Ming did not go again.
. . .
Back to Xiangjiang.
The time came to October 1993, 10.
Qiu Mantun, who was heavily in debt and famous in China, worked for Sir Yang to eliminate rats in Xiangjiang. Instead, he ate quickly in Xiangjiang. Many people invited him to eliminate rats.
What Qiu Mantun never expected was that the rodent control business in Xiangjiang would be so profitable.
In fact, there are companies that exterminate rats and cockroaches in Xiangjiang, and these companies actually do a lot of business.However, since Qiu Mantun came over, he became famous all of a sudden because he killed rats for Sir Yang.
Unexpectedly, during this period, the other party made millions of Hong Kong dollars.
This is unimaginable at home.
However, it is indeed like that here in Xiangjiang.
It's so easy to make money here in Xiangjiang that Qiu Mantun almost doesn't want to go back.
Qiu Mantun, his wife, and daughter no longer lived in Yang's house, but in a hotel. During this period, he had daily rodent control business, which cost tens of thousands of yuan at a time.
In some warehouses, docks, buildings, and even high-end residential areas, the income from rodent control business is higher.
Moreover, rodent control is necessary in many places.
It was just that we had hired a rodent control company before, so we hired Qiu Mantun this time.
"Husband, are you really not planning to go back to your hometown?"
My beloved wife likes the prosperity and life here in Xiangjiang.
Qiu Mantun smoked a cigarette and said: "Of course I have to go back. Xiangjiang is too small. After the rat eradication this time, there was no business for a long time. However, it is different in China. It is very big in China. Domestic business is the real business." A lot of it.”
In Qiu Mantun's view, Xiangjiang is too small. Although there is a large population, the rodent control business is limited. When it is completely completed during this period, it will be completely gone.
He meant what he said, otherwise, he knew, his reputation would still be ruined.
Of course, in addition to Xiangjiang, Haojiang on the opposite side also asked him to go over to kill rats, but he would have to wait for some time before going there.
However, Qiu Mantun knew that when the rodent control business in Xiangjiang and Haojiang was completed and he earned millions of Hong Kong dollars, he would take all of it back to pay off his debts, and then he would re-establish a rodent control company or a rodenticide company.
Now that Yang Ming is famous, Qiu Mantun feels that he no longer has to worry about his business.
Of course, there are others willing to pay top dollar for his secret recipe for rodenticide.
But how could Qiu Mantun be sold?
. . .
At this time, although Xiangjiang is not like the 80s, it is a golden age everywhere.
However, today's Xiangjiang is still different from that in China.
As long as you have the ability and vision, it is easier to make money than at home.
Yang Ming came back from Bingcheng and saw some news in Xiangjiang, that is, about Qiu Mantun continuing to eliminate rats in Xiangjiang for other wealthy people or companies.
Other than that, there's not much news.
However, Yang Ming knew that he had changed the fate of many people.
Like Chen Baiyi.
In history, Chen Bailu died because he took too many sleeping pills.
Also in history, Huang Jiaju died in Toyang due to an accident there.
However, both of them are doing well now, and they have become even more famous after participating in the variety show "Survival Challenge" on Asia Television.
Whether it's Chen Bairu or Huang Jiaju, their fates have changed a lot probably because of Yang Ming.
In addition, it is possible that many people have also changed because of Yang Ming's relationship.
1993 11 Month 26 Day.
Friday.
Yang Ming had just returned from get off work and saw Xu Qingsheng, chairman of the Hong Kong United Stock Exchange, coming to see Yang Ming.
It turns out that Li Fuzhao, chairman of the Hong Kong United Stock Exchange, has retired, and basically no news has been heard from him now.
Xu Qingsheng is still the same Xu Qingsheng. Although he is now the chairman of the Hong Kong United Stock Exchange, when facing his boss Sir Yang, he is not as powerful as he is on TV or in the newspapers.
The two went to the study room, and Xu Qingsheng said: "Boss, many domestic companies are now hoping to come to Hong Kong to list."
Historically, the Hong Kong Securities Regulatory Commission actually reached an agreement with the domestic Securities Regulatory Commission, and then domestic companies came to the Hong Kong Stock Exchange to list and obtain financing.
In fact, Yang Ming has long proposed to allow domestic companies to go public and raise funds in Xiangjiang.
However, there were very few before.
Now many domestic companies only think of listing in Xiangjiang after seeing the Shanghai Stock Exchange and Pengcheng Stock Exchange.
The stock exchange in Xiangjiang is more mature in all aspects of its system, and it is actually easier to raise funds.
In fact, this is the famous red chip stock in history.
Historically, due to the special historical background, there has always been a division between British-owned and Chinese-owned companies in the Hong Kong market.
Later, as the economic ties with China became closer and closer around 97, domestic funds gradually entered Hong Kong, forming the third type of institutions—Chinese-funded enterprises.
Red-chip stocks in the Xiangjiang stock market In the late 80s, Yuexiu Group and Guangdong Group respectively acquired listed companies in Xiangjiang indirectly or directly and achieved listed status.
In the early 90s, Zhongxin's acquisition of Taifu and its subsequent series of successful operations set off a boom in acquisitions by Chinese-funded enterprises in Hong Kong.
据不完全统计,仅在1992年7月至1993年底的一年半时间,被中资收购或参股成为主要股东持股10%以上的香江上市公司有28家,占1993年底香江全部上市公司477家的5.9%。红筹股概念初步形成。
From 1996 to 1997, Shum Yip Holdings and Yuexi Communications were listed one after another. Red chip stocks began to be hotly speculated by the market on the concept of capital injection and restructuring, and the red chip sector was officially established.
Although things are different now than in history, more and more domestic companies hope to list and raise funds in Hong Kong.
(End of this chapter)
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