Reborn Capital Madman

The Hong Kong stock market in 1971 ended with the Hang Seng Index at nearly 350 points. Compared with the Hang Seng Index at the end of 1970, it increased significantly by more than 60%.

If the shock to the Bretton Woods system had not caused various uncertainties in the world economic situation, causing the Hong Kong stock market to be dragged down to adjust, the Hang Seng Index would definitely have shot higher.

Gaoyi's annual statistical report further pointed out that in the past 1971, nearly 50 companies were listed and issued new stocks, absorbing approximately 850 million Hong Kong dollars in funds.

In addition, the turnover of the Hong Kong stock market in 1971 was approximately 15 billion Hong Kong dollars, which was almost one and a half times more than the turnover of the Hong Kong stock market in 1970.

Among them, the Far East Exchange’s turnover undoubtedly ranks first, being greater than the combined turnover of the Hong Kong Stock Exchange and the Gold and Silver Stock Exchange; and the turnover of the Gold and Silver Stock Exchange is greater than that of the Hong Kong Stock Exchange.

The turnover is large.

In short, the cake of the Hong Kong stock market is growing exponentially, attracting many people to go crazy about it.

Just this year, on January 5, 1972, the Kowloon Stock Exchange, founded by Chen Pufen and others, was established and officially opened.

This is the third Chinese-dominated stock exchange to open after the Far East Exchange on December 17, 1969 and the Gold and Silver Stock Exchange on March 15, 1971.

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Since then, the Hong Kong securities industry has entered the era of four co-existing institutions, namely the Hong Kong Stock Exchange, the Far East Exchange, the Gold and Silver Stock Exchange, and the Kowloon Stock Exchange.

This is not all. Half a month after the official opening of the Kowloon Stock Exchange, the Asian Stock Exchange founded by the leader of the New Territories, Chen Yat-sin, was also registered and established. However, because of the opening of the stock exchange, there are indeed industry barriers.

, so that before they had time to grab a slot, they announced that they would officially open next year, that is, in 1973.

In such a small place like Xiangjiang, so many stock exchanges have emerged in just a few years, which is unprecedented in the history of securities development in the world.

In Gao Xian's view, the Kowloon Stock Exchange can play the role of a GEM at best, but it is really difficult for the Asian stock exchange to find room for survival, not to mention that it has to wait until its official opening next year. Even if the Hong Kong government

If you allow it, it will inevitably lead to a cold end.

Furthermore, the emergence of so many stock exchanges in a short period of time will inevitably lead to vicious competition and push the Hong Kong stock market into an irrational direction.

This is also true. In order to survive, the Kowloon Stock Exchange has no choice but to lower the standards for listing, so that even handbag companies can fish in troubled waters.

There is a ready-made example right in front of us: Xiangjiang Antenna Co., Ltd., which has no performance to speak of, has attracted many ignorant people to flock to it.

The identity of the founders of Heung Kong Antenna is quite serious, including Le Xiuzhang, a professor of computer science at the Chinese University of Hong Kong, and its directors include Fang Xinrang, a famous doctor, and Chen Pufen, an accountant and founder of the Kowloon Stock Exchange.

In terms of business scope, Xiangjiang Antenna mainly researches and develops the TV antenna business, and claims to have invented an antenna that can be used by home TV sets.

Xiangjiang Antenna's prospectus is written very honestly: The company has just been established and has not yet started operations... It will be listed to raise funds for research and development purposes... There is no guarantee of future dividends.

It’s okay to be dishonest. Today, human radio technology has developed very maturely. Principles such as fishbone antennas can be found in libraries. The so-called new antennas developed, in the eyes of knowledgeable people, are

An international joke.

Especially since Xiangjiang is so small, urban residents only need to use a few wires to receive good program signals in their buildings.

But for such a leather goods company, on the first day it was listed on the Kowloon Stock Exchange, the stock price rose from the IPO price of HK$1 to HK$3.5, and the final closing price was HK$2.5, a premium of one and a half times.

The current Hong Kong stock market is so unreasonable. Looking from the perspective of the future, all kinds of irrationality and inconceivability are no longer strange and commonplace.

In contrast, Shanghua Culture, which Gao Xian single-handedly created, is truly a conscientious enterprise of the times that strives for good deeds and does good deeds. It cannot be more serious in every aspect.

Of course, Shanghua Culture is listed on the Far East Exchange, Gao Xian's home base.

Because of its excellent business performance as support and the large number of celebrities, including celebrities, who have subscribed to the stock and become small shareholders, Shanghua Culture's popularity is known to everyone without any need for hype.

On the day of listing, Shanghua Culture's share price soared from the face value of five yuan to 24 yuan, and the final closing price stood firmly at 18 yuan.

As a result, Shanghua Culture has become a company on the level of Shaw Brothers Film Company in the stock market. I don't know what Shao Yifu, who has been working hard for many years, thought after seeing this scene.

Naturally, all the celebrities who had previously subscribed to Shanghua Culture's shares, and cheered and waved flags, were overjoyed. Apart from being happy to be with Gao Xian, they also had some small regrets because the number of shares they subscribed for was not enough.

Bold.

Shanghua Culture is indeed a good enterprise with good conscience of the times. Even after it was listed on the market, it has not slackened off and still spared no effort to contribute to impressive business performance.

The best example is undoubtedly Li Xiaolong's third kung fu movie - "The Way of the Dragon", a collaboration between Shanghua Culture, Jiahe, Xiehe and others, which was released to the cheers.

Gao Xian, Ma Yongda, Zou Wenhuai and others raised nearly 150,000 US dollars for Li Xiaolong to go to Italy to shoot the movie "The River", which was the first time that Hong Kong movies were shot in Europe.

The reason why Italy has become a destination is not only because of its profound cultural resources, but also because of the exchange rate of its currency, the Italian lira.

When the euro was launched, the currencies of major European countries such as the German mark and the French franc were exchanged for about five or six euros per euro. Only the Italian lira was nearly two thousand for one euro. The degree of "worthlessness" is evident.

Although the Italian lira has not depreciated to that extent at this stage, the official exchange rate is 625 Italian lira per US dollar, which is "less valuable" than the Japanese yen.

Therefore, the financial environment for Li Xiaolong to shoot movies in Italy is still sufficient, and he has more room for development.

The audience in the cinema soon discovered that Li Xiaolong also had a talent for comedy, and people couldn't help but laugh at the beginning of the film.

The Gao Dynasty part of "The Way of the Dragon" was designed very carefully and ingeniously. Li Xiaolong and his ultimate opponent competed in the Roman arena, and the on-site spectator was just an agile cat.

In the Internet era where short videos are popular, everyone knows that cats are "kung fu masters" who prove that "the only martial arts in the world that cannot be broken is fast."

Gao Xian thought it was really interesting to have such a character act as an audience for the decisive battle.

Although the audiences of this era are not as "well-informed" as Gao Xian, this does not prevent them from being impressed by the decisive battle scene. The response to "Across the River" is as enthusiastic as ever.

In other words, "Enter the Dragon" is expected to set a new box office record for movies in Hong Kong.

Shanghua Culture's stock price rose sharply following its rapid response, making countless people happy. It is indeed a good company worthy of the conscience of the times!

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