Vicious dogs in Hong Kong, entrepreneurs practicing evil cultivation

The total turnover of the four exchanges in 1972 was estimated to be around HK$430 billion.

The Far East Club is expected to raise HK$180 billion.

The Hong Kong Club is expected to cost HK$105 billion.

The Gold and Silver Exchange is expected to raise HK$80 billion (excluding Japanese yen and Singapore dollars).

The Kowloon Club's estimated transaction volume is HK$65 billion, far below the average transaction volume of the Hang Seng Index, which normally only has a daily transaction volume of HK$1700 million.

Thanks to the massive influx of funds from Chen Guanjiang, the trading volume surged to HK$5602 million on the first day, but plummeted to HK$3172 million on the second day, and only HK$1939 million on the third day.

Within just three days, almost all of Kowloon Club's circulating shares were drained, and any remaining shares sold were subsequently snapped up by raiding capital.

Li Fuzhao looked at Chen Guanjiang, who was playing with the dog, and said with a wry smile, "You're never serious. Aren't you afraid of offending Chen Pufen? He's a district councilor, and he was just conferred the title of Justice of the Peace last year."

"Let's get to the top!"

Chen Guanjiang laughed nonchalantly, "The antenna stock broke 15 dollars today. At this rate, breaking 20 dollars is only a matter of time. They've left such a big hole in the stock market, huh!"

The chaos of the 50s and 60s was something MacLehose couldn't reverse overnight, and he simply didn't have the energy to manage the stock market. His focus was entirely on relations with East Asia, flood reconstruction, and police issues…

but!

Not having the energy to manage it doesn't mean we can just let it slide. The stock market and exchanges have reached a point where they absolutely have to be rectified.

Far East Club is relatively better, although it allows any company to be listed on the stock exchange if its registered capital exceeds HK$2000 million.

Moreover, the companies listed are indeed those that have been bullied and unable to go public by the Hong Kong Association for a long time.

The Gold and Silver Association is alright, except that it has introduced foreign companies to list on the exchange.

However, it was a bit excessive for foreign companies to use Japanese yen and Singapore dollars for transactions on the Hong Kong stock market, but overall it didn't cause any major problems.

The Kowloon Society is quite different.

At the beginning of the year, companies could list as long as their registered capital exceeded HK$500 million, but by mid-year, the minimum requirement had dropped to HK$300 million.

Now, it's even more outrageous!

Selling shares through subscription to meet the minimum registered capital requirement, and then listing them for financing—this is a new level of fraud.

Next year will be amazing!

Before the Xiangjiang antenna was even fully developed, Chen Pufen was already preparing to list Xiangjiang Computer on the stock exchange.

Is Hong Kong's manufacturing industry really that powerful now? They're even capable of producing computers?

If a company can produce computers with a registered capital of HK$1200 million, shouldn't all those Silicon Valley companies that have burned through billions of dollars on research and development be crucified?

"That shouldn't be enough to offend Chen Pufen, right?"

When Li Fuzhao asked him again, Chen Guanjiang chose to smile but not answer, indicating that his relationship with Li Peicai's family was not yet close enough for them to be able to talk about anything.

It is true that Chen Pufen was the founder of Xiangjiang Antenna, but Chen Dacai, the nominal chairman who was responsible for taking the blame, obviously had other ideas.

Li Fuzhao didn't press further, instead asking, "What do you mean by 'no' for the tournament cup the day after tomorrow, so I can take you?"

"Because...I accepted Sir Chow's invitation!"

"Zhou Xinian?"

Li Fuzhao was stunned for a moment and said, "You mean you're going to mess with him? He won't be able to keep his board seat after this horse racing season ends."

A wise person does not stand under a crumbling wall!

Nowadays, Zhou Xinian is like a piece of stinking dog shit. People are afraid of getting too close to him and getting dragged down. They can't even stay away from him, let alone go near him.

Many offer help when things are going well, but few offer help when things are really tough.

Do you think Zhou Xinian will ever make a comeback?

Chan Kwun-kong remained silent, instead asking, "Has Sir Chow bought any Kowloon Motors shares?"

"Yeah! You're even more of a dog than me..." Li Fuzhao joked.

After Li Shufen announced his resignation in 1937, Deng Zhaojian and Zhou Xinian competed for the position of chief Chinese councilor in the same batch. In the end, Zhou Xinian won by a landslide. Don't underestimate the potential of a young man.

Three years later, then another three years!

Originally, Deng Zhaojian should have succeeded him in 1940, but Zhou Xinian forcibly continued the term and occupied it. Three years later, in 1943, it was my turn, right? Don't underestimate the poor middle-aged.

Unfortunately, the Japanese invaded in 1941. Governor Sir Mark Young was imprisoned in the Peninsula Hotel, then transferred to Taiwan and then to Fengtian, where he suffered inhuman torture. The devil even elected him as a member of parliament.

He served three consecutive terms, and Japan occupied the country for three years.

Three years have passed since the recovery began, and now ten years have gone by.

However, after the war!!

Zhou Xinian was favored by three Hong Kong governors in succession;

Zhou Junnian has become a top-tier lawyer in the Chinese community.

The two brothers wield immense power in Hong Kong, rivaling even Ho Tung in his prime. What the hell are they fighting over?

Deng Zhaojian was doing charity work while holding his breath, and all his hair fell out, but he still couldn't see the day when he could get ahead... Don't underestimate the poor and elderly.

at last!

Zhou Xinian fell from power six years ago, when Deng Zhaojian was exactly 67 years old.

At this age, he should have retired long ago. He shouldn't be the chief executive or a member of parliament anymore. What if he dies in office?

Zhou Xinian suppressed Deng Zhaojian for a full forty years!

Now, Zhou Xinian even wants to take away Deng Zhaojian's Kowloon Motors in order to protect his own board seat at the Hong Kong Jockey Club. Is there anyone in the world who would bully people like this?

"People! They won't shed a tear until they see the coffin."

Chan Kwun-kong asked with a smile, "Sir Deng is a director of the Hong Kong Chinese General Chamber of Commerce and has served as chairman of Tung Wah Hospital and Po Leung Kuk. He has always been very generous with his money when it comes to charity."

"With titles and medals like JP Justice of the Peace, KSTJ Knight Commander, and CBE Commander of the Order of the British Empire, he's barely qualified to be a director of the Hong Kong Jockey Club, is he?"

"What do you mean?" Li Fuzhao's pupils trembled immediately.

In this light, Zhou Xinian's acquisition of Kowloon Motors was also intended to weaken Deng Zhaojian's influence and remove this candidate for the Jockey Club board of directors.

However, acquisition does not equate to control. Deng Zhaojian cannot burn the company down, but he will not stand by and watch Zhou Xinian seize power easily, so he will inevitably try to obstruct the process.

If Zhou were to successfully acquire Kowloon Motors, he could certainly gradually purge and control the company with his past experience, and gain corresponding power to expand his influence, but time does not allow it.

Moreover, all the families in Hong Kong, and even the Governor of Hong Kong, Murray MacLehose, were unwilling to sit idly by and watch Zhou Xinian grow bigger again. This was the significance of seizing the Dairy Farm Company.

and many more…

If Tang Shiu-chien cooperates with various parties to resist Zhou Xin-nian and takes advantage of the current stock market surge to lock his funds in Kowloon Motors, this Jockey Club director candidate will likely rise to the top based on his merits.

Chen Guanjiang slowly revealed his purpose: "I would also like to trouble Uncle Zhao to help me choose a gift and give it to Sir Deng on my behalf."

Regardless of who wins or loses between Zhou Xinian and Deng Zhao, Chen Guanjiang does not want to draw the fire to himself; he does not want to get into trouble if there is no benefit to it.

Simply ask a middleman, send a small gift, and express your stance; I imagine Li Fuzhao would be willing to act as the middleman.

Although the Lee Pui Choi family and the Kan Tung Po family have been intermarried for generations since the founding of Bank of East Asia, Kan Yueh Keung's appointment as a director of the Hong Kong Jockey Club is equivalent to the Lee Pui Choi family having a seat.

But who would mind befriending another Jockey Club director?

Taking the initiative to befriend them would be a loss of face, not to mention what would become of Jian Yueqiang then?

Using the pretext of mediating on behalf of others sounds much better, and Li Fuzhao naturally agreed without hesitation.

Thus, while trying not to offend either side, it all depends on whether Zhou Xinian has the courage to take a desperate gamble; perhaps he can retain his seat on the Jockey Club board with this extraordinary achievement…