Rebirth of the Tech Madman

Chapter 554: Hong Kong Telecom and the stock market are positive

The first bear market in the Hong Kong stock market in the 1980s began on July 17, 1981. On that day, the Hang Seng Index climbed to 1810.20 points, setting another record high.

In the evening of the same day, the Hong Kong Banking Association announced that from July 21, the interest rate on savings deposits will be increased from 11% to 12% in order to save the weakening Hong Kong dollar.

At that time, the interest rate difference between the Hong Kong dollar, which was not yet pegged to the US dollar, was as high as three and a half cents between the interest rate of the European dollar and the US dollar.

As a result, on Monday, July 20, after the opening of the Hong Kong stock market, the Hang Seng Index fell in response to a drop of 32.20 points that day, which kicked off the bear market.

On October 5, 1981, the Hang Seng Index plummeted by 120 points in a single day, setting the lowest record of the year-1113.77 points.

The difference between the highest index and the lowest index for the year was 696.43 points, a 38% drop in comparison, and some stocks even reached more than 50%. The volatility of the stock market is irrefutable evidence of the downturn in the stock market.

Of course, there are exceptions to everything. From the end of 1981 to the first half of 1982, Jardine and Tang Huan competed for Xiangjiang Telephone and Xiangjiang Electric, and Tang Huan acquired Jardine. The successive capital wars stimulated the Hong Kong stock market, causing the Hang Seng Index to rebound above 1,400.

However, after the real estate bubble burst, especially the emergence of the Carrian fraud case, and the British Prime Minister Margaret Thatcher's visit to China to try to "replace sovereignty for governance" to solve the problem of Xiangjiang's future, the result was rejected by the impact. The pessimism in the Hong Kong stock market broke out completely.

The Hang Seng Index is constantly falling. It set a new low again on December 2, 1982-676.30 points.

Fortunately, regardless of subsequent rumors, real estate collapse, Hong Kong dollar depreciation, bank runs and other negative events, the Hang Seng Index has been hovering between 800 points and 1,000 points.

It can be said that the impact of the current political situation on Xiangjiang's economy has surfaced, and the most powerful evidence is that. Since China and Britain began to resume negotiations in the second half of last year, the Hang Seng Index has fluctuated with the negotiation process.

After entering 1984, the Hong Kong stock market finally had a piece of good news that could be drawn. To boost investor confidence.

The good news is that HeungKong Telephone Company completed the acquisition of Dadong Telegraph Company HeungKong Co., Ltd. And officially changed its name to HeungKong Telecom Company, and at the same time replaced HeungKong Telephone Company's original listing status.

HeungKong Telecom has four major operating subsidiaries, namely HeungKong Telephone Co., Ltd., which is in charge of all HeungKong fixed-line telephone and paging services, HeungKong International Telecommunications Co., Ltd., in charge of all HeungKong long-distance telephone and telegraph services, and HeungKong International Telecommunications Co., Ltd. in charge of all HeungKong mobile communications services. HeungKong Telecom csl Co., Ltd., HeungKong Telecom Online Co., Ltd. in charge of all HeungKong Internet services.

Among them, the latter two belong to the new service category. Although the revenue share contributed by them is still somewhat weak, they have grown very rapidly. More importantly, it has the special significance of turning HeungKong Telecom into an all-around player.

d——Communication Services Co., Ltd. or csl, the mobile phone system adopted is namts.

Currently. The research and development progress of Tang Huan's team in this field is still behind the established companies in the United States and Japan. After all, the other party has the first-mover advantage, but it will not take a few years to surpass them.

The network access service provided by Xiangjiang Telecom Online Co., Ltd. is the same as that of Pacific Telecom in the United States, with a transmission speed of 1200bps, which is completely in line with the world's most advanced commercial level.

In fact, Tang Huan is equivalent to building Xiangjiang Telecommunications into a standard model and practical example. Therefore, on the day of resumption of trading, in addition to the great attention given by investors. Colleagues in the communications industry in mainland China, Treasure Island, Singapore and other regions have come to observe in different identities.

After Tang Huan presided over the ceremony, the stock exchange was filled with all sorts of voices of buying "No. 8 Boy".

The name "Eight Boy" comes from the stock code. HeungKong Telecom, which inherited its listing status from HeungKong Telephone, has a stock code of 0008, so it is commonly known as "No. 8 Boy".

As far as the scale of assets is concerned, the total value of HeungKong Telecom is close to HK$10 billion, and to a large extent it belongs to new wine in old bottles. Therefore, there is not much room for speculation and it is more suitable for long-term investment. The need for lack of confidence.

Tang Huan, who completed the task, just walked out of the exchange. I was surrounded by reporters waiting. He hasn't made a public appearance in Xiangjiang for a while, but he has suffocated the media with various problems.

...

"Mr. Tang. Now everyone says "Hu Hua Qing Qing" will become the world's first Chinese blockbuster with a box office of more than 100 million U.S. dollars. It can be called an extraordinary milestone. This shows your box office appeal. Excuse me, do you have it? What is the next filming plan?"

Upon hearing this, Tang Huanshi laughed and said: "Everyone praises me too much. I don't have any box office appeal. The actor is not easy to do. I don't want to embarrass myself anymore."

"Mr. Tang, on the day of January 31st, the Baosheng Bank loan car was hijacked, and the gunmen ran into your convoy immediately. Excuse me, were you in the car at that time?"

"Do you really want me to endure such a dangerous danger?" Tang Huan, who is not interested in such gossip questions, asked lightly and let go of the other party.

"However, it is said that some investors plan to use this incident as a blueprint to shoot a movie and invite you to be the leading actor."

"Then how much should I pay?" Tang Huan said unceremoniously: "When you make movies, it's best not to always think about how to sensationalize and collect money. This is a kind of harm to the long-term development of Xiangjiang's film industry. "

"Mr. Tang, I heard that TVB’s TV program signal transmission is the same as that of Media Asia TV. They are all handed over to HeungKong Telecom. Since you acquired Media Asia TV, its signal coverage has surpassed that of tvb. Now we are actively giving up this advantage. What's the inside story?"

"When doing business, one yard goes to one yard. After I opened a supermarket, would I not sell the computer system of my old bank to other supermarkets? Besides, the competition direction of TV stations is the content of the program, and other aspects are unavoidable. It’s the end."

"Mr. Tang. Recently, several Chinese banks in Hong Kong have been exposed to operating difficulties. Would you like to help Sun Hung Kai Bank as they did?"

"Although I am willing to help others. But after all, I am not the savior. And I am not familiar with the banking industry, and may not be able to solve the problem fundamentally. I supported Sun Hung Kai Bank at the beginning. It was entirely because of personal friendship. In fact, my relationship with the bank can be described as mutual. I buy my it solution for the customer, the bank, and I get a loan from the bank. That's it, I don’t want to be a member of the banking industry and compete with customers."

...

For questions with technical content, Tang Huan answered very seriously. After all, the result of communication and interaction with the public is to rely on patience. Accumulate in this way step by step.

After finally squeezing out the crowd, Tang Huan let out a sigh of relief when he got on the Rolls Royce with the No. 3 license plate, and said, "Hurry up and go back to the Mandarin Oriental Hotel."

Uncle Han An-yong's rheumatism was treated very effectively, so he also resumed his normal work, but his position has just changed and he was transferred to Dongrun Group as the deputy general manager, and he is regarded as a permanent residence in Xiangjiang.

Dongrun Group can be regarded as the window of the state-owned enterprises in Xiangjiang, so. Han Ernong's work arrangement reflects the above-mentioned good intentions.

After the two met and chatted for a few words, Han Anyong quickly turned to the topic. Bringing a message, "On January 29, the Long March 3 flew for the first time and carried a Dongfanghong 2 communication test satellite, but the launch failed. The reason was that the third stage of the Long March 3 rocket failed and failed. On track."

After Tang Huan digested the report, Han Anyong said seriously, "The communications satellite you bought from Hughes Aircraft Corporation of the United States. It is very valuable. You have to carefully evaluate the risk of launch failure."

"Aerospace engineering. It is inherently extremely risky, so I am naturally prepared. Take February 3 this year. In terms of the launch of the Western Union Star-6 by the US Space Shuttle Challenger, the result was not successful in orbit. So. There is no one-hundred-percent success in this industry." Tang Huan smiled, "Of course, although I understand, I still have to re-evaluate the risks for this. Perhaps the terms of commercial insurance need to be adjusted appropriately."

"Okay, I will convey what you mean." Han Anyong nodded, then changed the conversation, and smiled: "I also think that every year you have a company listed. No wonder you are so confident and support Anyuan's mischief."

"If you use financial leverage well, it's equivalent to spending other people's money to do things for yourself." Tang Huan gave Han An a bit of tea. "Sooner or later, the central enterprises will also go on the road of listing in Hong Kong. Since the uncle has joined the Dongrun Group At work, you might as well pay attention to accumulating experience in this area, and you will definitely be able to use it then."

...

Tang Huan and Han Anyong were also not there. When they were dining, they ordered a few dishes and placed them on the coffee table in the reception room. The two uncles and nephew had a good drink.

At this time, the host of MediaAsia TV’s financial program began to broadcast today’s Hong Kong stock market, "Affected by the positive factors of Hong Kong Telecom’s resumption of trading, the Hang Seng Index finally surpassed the long-lost 1,000 points..."

"This company that you robbed the British from the hands of the British is really worthy!" Han An Yong laughed loudly.

"Clean up Jardine, the situation in Xiangjiang is at least half stable." Tang Huan said with emotion. Geyin's original time and space, with constant small movements, announced the move to Bermuda in 1984, which immediately caused market panic. It fell 5.8% the next day. As a result, many listed companies have rushed to follow suit and have applied for re-registration.

Now that there is no such thing as Jardine's stick to stir up troubles, the Hong Kong stock market has only started to show signs of recovery at the beginning of 1984.

At this time, the TV host of Media Asia continued: “The Hong Kong stock market is expected to usher in the second good news. Hutchison Whampoa’s performance announcement date is approaching. According to informed sources, Hutchison Whampoa will distribute a cash dividend per share 4 Hong Kong dollars, with a total value of 2 billion Hong Kong dollars."

"The big businessmen of Xiangjiang are all human beings, and their sense of smell for the current situation is simply too sensitive." Han Anyong looked at the TV and shook his head with a smile.

...

After sending Han An Yong away, Tang Huan took a hot towel, covered his face, and leaned on the sofa to think about things.

After a while, there was a knock on the door, and then a person came in lightly.

"Have you eaten?" Tang Huan asked casually, maintaining his posture.

"I have eaten it." Zhang Manyu curiously crossed his face, "Why don't you know that I am here without looking?"

"The fragrance of your body is the best basis for judgment." Tang Huan replied lazily.

"It's a lie, the whole face is covered by a towel, how can you smell it?" Zhang Manyu said as he took down the cooled towel mischievously.

"Is the filming finished?" Tang Huan stretched out comfortably and looked at Zhang Manyu a few times. It can be seen that the other party deliberately dressed up before coming, completely fresh.

""The Frog Prince" has been finished." Zhang Manyu folded his hands and thought, "This is my first movie. It must be a big hit at the box office."

"The meaning of the first time is naturally extraordinary." Tang Huan smiled pointedly, put his hand on Zhang Manyu's shoulder, and slid his fingers down the other's slender collarbone. "Recently, I also had the first time. Experience it."

Zhang Manyu, who was given various face-to-face advices by Fang Yihua, is psychologically prepared even if his personality is simple. More importantly, Tang Huan is rich enough, young enough, humorous enough, and personable enough to make it difficult for girls to resist emotions.

"A big man like you must have experienced much experience, will it be the first time?" Zhang Manyu pretended to be unaware ~ www.wuxiaspot.com ~ blushed and asked.

"Of course there is, but it was on the battlefield. For the first time I saw a soldier wearing a steel helmet, holding a submachine gun, rushing over with a hideous face..." Tang Huan replied leisurely.

"You're talking about the lens in the movie." Some ticklish Zhang Manyu finally couldn't help it. She smiled and twisted her body a few times, just like a cat.

...

The development of U.S. cable television has long since passed the stage of staking and enclosing the land. The early licenses are now almost concentrated in the hands of powerful companies.

Because of this, the form of development in this industry has evolved into a game of competition for capital. The CNN has been verifying this unanimous victory over and over again.

Recently, Ted Turner and Murdoch have made no secret of their hostility in this field. In the process of competing for the cable TV network owned by Metropolitan Media, they fought for sparks.

Tang Huan, who was enjoying life in Xiangjiang, received Ted Turner's request for help, because this time he played a big game, he may need to spend more than 3.5 billion U.S. dollars in funds, and some of the turnover is not open. (To be continued.)

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