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Volume One: Living in Troubled Times Chapter 42: The Company Is Listed

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    This book is coming to an end, and the new book "Fighting Against the Current" has been uploaded. I sincerely ask my friends to continue to support me. I am very grateful for your continued encouragement. I wish my friends a happy family and a smooth career.

    The anti-British uprising in 1967 made the British Hong Kong authorities re-examine their policies and began to pay attention to people's livelihood, which directly led to Hong Kong's reforms in education, medical care, clean government, housing and other aspects in the 1970s.  However, the radical actions, such as later assassinations and planting bombs, also disrupted the lives of citizens and made them panic.

    The deterioration of the security situation caused some citizens to sell their property and leave Hong Kong for safety, forming the first wave of immigrants in Hong Kong.  As a result, urban building prices fell sharply, and the stock index even fell to a record low closing point of 58.61 points.

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

    Great Wall Industrial has absorbed a large number of properties that have been sold at low prices. With the accumulation in the past few years, it has been able to compete with the established British-owned real estate companies. Meng Youtian's family left Hong Kong, making its acquisition actions somewhat confusing and confusing.  Concealment.

    Meng Youtian is not happy that his career has reached another high point. He is numb after making money and has lost his challenge and passion.  Naturally, there is a lack of excitement and excitement.  But life has to go on, no matter how much money you make, you can only have three meals a day, enough food and enough sleep.

    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, Hong Kong's real estate market began to recover, and investor confidence quickly recovered.  Great Wall Industrial used its abundant land reserves to speed up building construction and make a fortune.

    The eldest son has already established himself on the board of directors of Hang Seng Bank.  And constantly expressed his opinions on behalf of his father who was always absent.  Altogether, he already holds 35% of the shares, giving him a pivotal role on the board of directors.

    The eldest daughter¡¯s Jiale chain store already has dozens of branches. It has occupied a place in Hong Kong¡¯s retail industry with its cheapness, speed and novelty, and has also expanded its business in Singapore.  The benefits are increasing day by day.

    The third daughter is gradually taking over her mother Zijuan¡¯s clothing business.  Only Xiaoman's children are the youngest.  There is no one to take over yet, but the management team has been formed, so she doesn't have to work too hard.

    The rapid growth of children.  It undoubtedly made Meng Youtian more free.  But he knew that if he helped the company and gave some ideas, he would be able to rest easy for the rest of his life.  Fighting in the stock market requires a lot of passion and excitement.

    And this time comes very quickly, and there are always opportunities for lazy guy like Meng Youtian.  In 1969, led by Li Fuzhao, the "Far East Stock Exchange" was established, 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 Great Wall Industrial headquarters, and the sound of opening champagne bottles could be heard one after another.  Great Wall's stock, which was listed on the Far East Stock Exchange today, opened high and went high. It has exceeded the two-yuan mark and doubled, raising a huge amount of funds for Great Wall Industrial.

    As a leader in the real estate industry in Hong Kong, with several profitable companies under its umbrella, Great Wall Industrial has long been qualified to go public, but Meng Youtian has to choose the right time to raise more funds when the stock market is booming.  Sure enough, he succeeded. Great Wall Industrial's shares were oversubscribed 16 times, and they continued to rise after the market opened.

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

    With the listing of Hang Seng, the equity purchased for 35 million yuan suddenly had a market value of more than 300 million yuan. Such a return on investment would make people¡¯s jaws drop.

    "Acquisitions and mergers will be the main means of future development. The stock market is where rich people are created, and the company built by Xin Ruo can also be handed over to others in one fell swoop." Meng Youtian solemnly warned his children, "Don't look at the market value, then  It's temporary, ups and downs, don't be fooled by the falsehoods in front of you, the most important thing is the company's performance. The funds are strong, but expansion must be measured, and you can't bite off more than you can chew, but you will be burdened.  I brought myself down."

    "In addition -" Meng Youtian pondered for a moment and continued: "It's time to explore development in new fields. Electronic communications is one direction; resources and minerals are another direction.Energy power is also a direction; we should also bid for reclamation projects in Hong Kong and Singapore.  But we must have enough funds in our hands. This world is full of ups and downs. We must take precautions and maintain a steady style.  "

    After giving the lecture like a leader, he chatted with his children for a while about other business matters, and then everyone dispersed, leaving only Meng Youtian, Axiu, and Xiaoman.

    Television is gradually becoming more popular in Hong Kong, and Meng Youtian is really not interested in those early programs.  But Liu Feng and Zijuan have the same hobbies and are obsessed with watching the TV series "Dream of Love".

    "When will the child's matter be decided?" Axiu finally waited until it was time to discuss this topic with Meng Youtian. Although she was not very willing, Meng Youtian only sent someone to investigate and did not express any objection. She was not good either.  I can't get along with my daughter alone.

    "It can be decided at any time." Meng Youtian didn't care. He just wanted to marry a Singaporean. He had already investigated it. Although this man came from an ordinary family, he was honest and loyal. His eldest daughter would not suffer any disadvantage if he married him.

    "Well, it won't be easy to meet each other after marrying so far away." Axiu sighed and muttered in a low voice.

    "What's not easy? It's only a short flight away. It's also convenient to make a phone call. Or you can stay at your daughter's house. It's not that difficult!" Meng Youtian smiled and comforted: "I know you love her the most, but  There is no reason to tie your children to your side for the rest of your life. Once your wings are hardened, let them fly!"

    Axiu opened her mouth and let out another long sigh helplessly.

    "And Man'er, don't keep looking at your children and let them go into business. They can do whatever industry they want." Meng Youtian persuaded Xiao Man again, "When I finish making the will, it will be whoever's it belongs to. Hold the shares and do whatever you want."  It¡¯s not bad to make money!¡±

    Bah, bah, Axiu and Xiaoman expressed their bad luck at the same time, "What nonsense are you talking about? How old are you? You are not allowed to say this in the future."

    ¡°No matter what, Meng Youtian waved his hand indifferently. With many wives and many children, will there be any disputes over property in the future?  If I had arranged it earlier, I would have avoided the embarrassment in the future.

    ¡­¡­¡­¡­(To be continued)
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