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Chapter 350 Market Value***

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    Since August 28, 1998

    Hong Kong repelled the financial giants headed by Soros, the financial turmoil in Southeast Asia has completely subsided, and the economies of Southeast Asian countries have entered a stage of comprehensive recovery and development.

    The economic reconstruction on the ruins of the ruins has shown unyielding vitality.

    Over time, it is worth looking forward to reviving the economic prosperity of the past.

    ? As of early December

    Hong Kong's Hang Seng Index crossed the 10,000-point mark and returned to 12,000 points. At the beginning, it bought the bottom from 6,300 to 6,500 points and entered the market. The Hong Kong government and the Wang consortium that were long on the Hang Seng Index benefited a lot, and there was a large surplus.

    Thanks to the full support of the mainland, Hong Kong's various economic indicators and the volume of entrepot trade have risen rapidly. In a short period of time, it has shaken off the haze of the financial turmoil and regained the style of top students in the Asian economy.

    During the retaliatory rise of the Hang Seng Index, the listed companies under the Wang Consortium became the leading stocks, driving the concept stocks of the consortium to soar, which is a bright sight.

    ?In addition to red-chip stocks and blue-chip stocks, the "God of Wealth Concept Stocks" appeared again, leading the Hong Kong stock market to surge in red.

    Among them, the "God of Wealth Concept Stock" performed particularly well.

    The market value of Shanghai Hotel Company soared 114% from 37.2 billion Hong Kong dollars to 79.6 billion Hong Kong dollars.

    The market value of Swire shares soared 91% from 266 billion Hong Kong dollars to 508 billion Hong Kong dollars.

    The total market value of Swire Shipping jumped 231% from 16.35 billion Hong Kong dollars to 54.1 billion Hong Kong dollars.

    The total market value of Taikoo Trading soared 183% from HK$15.121 billion to HK$42.792 billion.

    The market value of Cathay Pacific Airways soared 143% from 57.5 billion Hong Kong dollars to 139.725 billion Hong Kong dollars.

    The market value of Wheelock Properties soared 89% from HK$63.6 billion to HK$120.22 billion.

    The market value of HAECO shares soared 151% from 21.7 billion Hong Kong dollars to 54.467 billion Hong Kong dollars.

    The market value of New World Communications Corporation soared 352% from 3.34 billion Hong Kong dollars to 15.097 billion Hong Kong dollars.

    The market value of Hong Kong and China Gas Company soared 46% from 112.2 billion Hong Kong dollars to 163.8 billion Hong Kong dollars.

    The market value of Hong Kong CLP Power Corporation soared 57% from 89.8 billion Hong Kong dollars to 140.99 billion Hong Kong dollars.

    Here, a large part of the factors belong to the return of value.

    ?The stocks listed on the Stock Exchange have been attacked and suppressed by international hot money during the financial turmoil, and their stock prices have been severely undervalued. The market is correcting mistakes with invisible hands and returning to the real value.

    The retaliatory rebound was fast and fierce, and the lost ground was quickly recovered amidst cheers. Some "God of Wealth Concept Stocks" performed particularly well and were unanimously sought after by market participants.

    It is no surprise that Swire Pacific became the stock king and became the company with the largest market value on the Stock Exchange.

    ? Its market value far exceeds that of Cheung Kong, Hutchison Whampoa, Henderson Land and New World Land and other established companies, and has become a well-deserved leader in the Hong Kong stock real estate industry.

    This situation and this scene

    People can't help but think of HSBC, which has just been delisted. This old multinational bank has been the company with the largest market value on the Hong Kong Stock Exchange for many years.

    ? Now reborn from Nirvana

    If it returns to the market, I don't know how to perform amazingly?

    The scene in Hong Kong has been repeated over and over again in Southeast Asian countries, as well as Japan, South Korea and other countries that have been hit by financial turmoil.

    ? In the last quarter of 1998, the stock market, foreign exchange market, and housing market seemed to be the main theme. While recovering, it drove more and more investors' enthusiasm and attracted foreign funds to invest in it.

    In essence,

    Compared with the European and American markets, the valuation and price-earnings ratio of companies in Southeast Asia are generally lower. This is a value depression, which is indeed worth exploring.

    In 1995, just three years ago

    The market value of Microsoft Corporation is 45.2 billion US dollars, and by the end of 1998, it has doubled nearly 6 times;

    According to the latest report by cnn;

    Microsoft surpassed GE to become the world's most valuable company, with a market value of $268 billion.

    General Electric performed equally well, temporarily ranking second with a market value of US$259.5 billion, which has also increased by more than four times compared to three years ago, bringing investors rich returns.

    After reaching the peak, Microsoft once lost the favor of investors.

    This is because Microsoft's Windows operating system constitutes a monopoly, and it adopts disgraceful means to suppress competitors and limit competition.

    At the end of 1998, bad news kept coming.

    ?Regulatory agencies around the world have taken resolute anti-monopoly litigation measures against Microsoft¡¯s monopoly behavior, including the EU member states UK, France, Germany, Spain, ?Mr. Boss.

    Except for him, no one is qualified to win this lofty honor.

    Mr. Chambers personally brought the two companies into the $100 billion level. Needless to say, Atlantic Business Machines has already made it very clear in his past and present lives.

    Since Cisco went public in 1990, its annual revenue has been hovering in the tens of millions of dollars.

    As of August 1996, the revenue in the second quarter was only 160 million US dollars, and the operation did not see much improvement.

    Taking August 1996 as a watershed, since Chambers took over Cisco, he has entered the market with thunderous momentum, adopted continuous mergers and acquisitions to expand the product line, and improved the role of the supplier of the entire industry chain of network equipment.

    just over two years

    Cisco has successively acquired 27 companies, almost one every month, occupying the first or second market position in every field it enters, and becoming the world's largest supplier of network equipment.

    In 1998, Cisco's revenue rose all the way to 18 billion U.S. dollars, and its market value soared to 160 billion U.S. dollars.

    ?Because of the rapid expansion of the world network equipment market, the future shows unlimited possibilities.

    People in the Wall Street market are unanimously optimistic that Cisco's value may double in the next two years, and they highly recommend buying it.

    The title of "World's Best Manager" is the highest compliment for a professional manager.

    The President of the United States told Vice President Al Gore in the White House;

    Cisco Systems is the best company not only in the Internet industry, but in any field.  Mr. Chambers is the true leader of the Internet industry, the US economy and even the global economy.

    The boss king is a great genius, and his most outstanding talent is to put the most suitable people in the most suitable positions and exert their greatest abilities.

    I have to say that Zipper's stare is really poisonous.

    In addition to the occasional problem of harming female interns in the White House, there are still two brushes in the economy.

    Just look at this comment, it's so penetrating.  (Remember the site URL: www.hlnovel.com
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