v3 Chapter 1166： All 8 companies are listed (2/2)

Compete for a yarn!

Seeing Wrinkle’s waning feelings, He Guanchang understood his pressure. He patted Wrinkle’s shoulders and comforted him: “Old wrinkles, don’t be so pressured. Didn’t we have already said that we will not compete with Galaxy Film Company. It's enough to surpass yourself!”

”What's more, now that Galaxy Films has become the largest company in Hong Kong, its annual net profit has reached HK$1.56 billion. I believe there will definitely be many tycoons who want to enter.”

”The pressure on Galaxy Films will be greater, and it will face competitive pressure several times greater than it is now. It is difficult to say whether it can continue to flourish.”

He Guanchang's comforting words made wrinkles feel more uncomfortable.

He said quietly: ”Old Ho, you are wrong. If other tycoons enter the game, we will be the most stressed!”

”Galaxy Film Company is supported by Universal Cinemas and Jiuding Newspaper Company. They sit firmly on the Diaoyutai and are not afraid of competition at all. The life of us and the smaller companies further behind will be difficult...”

He Guanchang reacted, his face pulled down, speechless for a long time.

……

That evening, Wu Siyuan took the opportunity to send an invitation to Xia Yu. Taking into account certain circumstances, Xia Yu agreed, and of course he brought Li Qian to the scene.

Before Xia Yu came, Wu Siyuan and Yuan Heping were the two centers surrounded by everyone, but when Xia Yu arrived, they became the focus in an instant. Almost everyone was very cautious and wanted to come over to say hello but didn’t dare. The appearance of Xia Yu is interesting.

Especially those actresses, they all looked at Xia Yu with scorching eyes, wishing to recommend herself to the pillow, but seeing Li Qian, who had been holding Xia Yu, felt ashamed.

That night, Xia Yu didn’t stay long. Before leaving, he told Wu Siyuan that the company’s listing was just the beginning. If the company does not do well in the future, the higher it climbs now, the horrible fall in the future. Warning, shattering the bad mentality in Wu Siyuan's heart, and seeing that the words were effective, Xia Yu left.

Early the next morning, news about the Galaxy Film Company appeared overwhelmingly, and the citizens could hear it.

However, Galaxy Studios has not always dominated public opinion.

In the next two weeks, the remaining seven companies were all put on the market as if they were hurrying.

China Gas has a market value of over 4.67 billion Hong Kong dollars.

Xiangjiang Electric Light Company has a market value of more than 5.74 billion Hong Kong dollars.

Jiuding Hotel Management Group has a market value of over HK$4.35 billion.

The market value of 　　 Milk Company is more than 1.47 billion Hong Kong dollars.

Jiuding Transportation Group has a market value of more than 1.690 billion Hong Kong dollars.

Hutchison Whampoa Group has a market value of more than 6.24 billion Hong Kong dollars.

Cathay Pacific Airways has a market value of more than 5.37 billion Hong Kong dollars~ No company has a P/E ratio of less than ten times, which shows the market's pursuit of Xia Yu, the eight listed companies.

The total market value of the eight companies reached 58 billion Hong Kong dollars, which directly increased the total market value of the Hong Kong stock market by 12%!

The listing of eight companies also achieved Xia Yu's goal.

Every company listed has made a group of investors a lot of money, which greatly aroused the enthusiasm of investors, and helped the total daily trading volume of the Hong Kong stock market surpassed the scale of 3 billion Hong Kong dollars.

Even if it will fall back later, it will definitely not fall below the 2.5 billion Hong Kong dollar line.

Eight companies went public. Although Xia Yu rationed most of the stocks that should have been allocated to other financial companies of his own, in order to stimulate the market, he still released some stocks to activate trading.

As a result, he also had an additional HK$5.2 billion in circulating funds in his hands, which he temporarily handed over to Jiuding Securities for handling.

As for his apparent personal worth, there is no change, just because he does not hold even a tiny bit of equity in the eight listed companies.

Believe it or not, it’s none of his business. Jiuding Culture Media Group guides public opinion, so he doesn’t need to worry about it...

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