Reborn Tech Maniac

Chapter 534 Heung Kong Telecom and the stock market are positive

The first bear market of the Xiangjiang stock market in the 1980s began on July 1981, 7.On the same day, the Hang Seng Index climbed to 17 points, setting another record high.

In the evening of the same day, the Hong Kong Association of Banks announced that starting from July 7, the interest rate on savings deposits would be increased from 21% to 11%, in order to save the increasingly weak Hong Kong dollar.

Because the Hong Kong dollar, which was not pegged to the U.S. dollar at that time, had an interest rate gap of three and a half to the Eurodollar, which led to a large amount of funds being transferred overseas to carry interest.

As a result, on Monday, July 7, after the Hong Kong stock market opened, the Hang Seng Index dropped by 20 points on that day, which opened the prelude to the bear market.

1981年10月5日，恒生指数更是一天之内急泻120点，创下了当年的最低记录——1113.77点。

The difference between the highest index and the lowest index for the year was 696.43 points, a comparative drop of 38%, and some stocks even reached more than 50%.The large volatility 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 Lighting, and Tang Huan acquired Jardine. A series of capital wars stimulated the Xiangjiang stock market, causing the Hang Seng Index to rebound to above 1400 points.

However, after the real estate bubble burst, especially the Carrian fraud case surfaced, and British Prime Minister Margaret Thatcher’s visit to China, trying to solve the problem of Xiangjiang’s future by “exchanging sovereignty for governance power”, Xiangjiang was rejected and criticized. The pessimism in the stock market broke out completely.

The falling Hang Seng Index.It hit a new low again on December 1982, 12 - 2 points.

Fortunately, the Hang Seng Index has been hovering between 800 and 1000 regardless of rumors, real estate crashes, Hong Kong dollar depreciation, bank runs and other negative events.

It can be said that the impact of the current political situation on Hong Kong's economy has already surfaced. The most powerful evidence is that since China and Britain resumed negotiations in the second half of last year, the Hang Seng Index has followed the ups and downs of the negotiation process.

After entering 1984, the Xiangjiang stock market finally had a piece of good news that could be sold to boost investors' confidence.

The good news is that Heung Kong Telephone Company has completed the merger and acquisition of Dadong Telegraph and Telegraph Hong Kong Co., Ltd., and officially changed its name to Heung Kong Telecom Company, and at the same time replaced the original listing status of Heung Kong Telephone Company.

Heung Kong Telecom has four major operating subsidiaries, namely Heung Kong Telephone Co., Ltd., which is in charge of the fixed-line telephone and paging services in Hong Kong; Heung Kong Telecom CSL Co., Ltd., and Heung Kong Telecom Online Service Co., Ltd., which is in charge of the Internet services in Heung Kong.

Among them, the latter two belong to the new business category, although the revenue share contributed by them is still somewhat weak, but the growth rate is very fast.More importantly, they have the special meaning of turning Heung Kong Telecom into an all-rounder.

Communication Services Limited——CSL, the mobile phone system used by Communication Services Limited is NEC's NAMTS.

At present, the research and development progress of Tang Huan's team in this field still lags behind the established companies in the United States and Japan. After all, the other party has the first-mover advantage, but it will be able to surpass them in a few years.

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

In fact, Tang Huan is equivalent to making Xiangjiang Telecom a standard model and a practical model. Therefore, on the day of resumption of trading, in addition to investors' great attention, the communication industries in mainland China, Baodao, Singapore and other regions The peers came to observe in different identities.

After Tang Huan presided over the ceremony, the stock exchange was filled with various voices of buying "No. [-] boy".

The name "No. 0008 Boy" comes from the stock code, and the listing status is inherited from Heung Kong Telecom of Heung Kong Telecom. The stock code is [-], so it is commonly known as "No. [-] Boy".

In terms of asset size alone, the overall value of Heung Kong Telecom is close to tens of billions of Hong Kong dollars. In addition, it is largely new wine in old bottles, so there is not much room for speculation. It is more suitable for long-term investment, but it also caters to current investors. The need for less confidence.

Tang Huan, who had completed the task, was surrounded by waiting reporters as soon as he walked out of the exchange.He hasn't shown up publicly in Xiangjiang for a while, but he has suffocated the media with various problems.

……

"Mr. Tang, now everyone is saying that "Hu Hua Qing Qing" will become the first Chinese-language blockbuster with a global box office of more than [-] million U.S. dollars, which can be called an extraordinary milestone. This shows your box office appeal. Excuse me Any plans for the next filming?"

Hearing this, Tang Huan laughed and said, "Everyone is flattering me too much. I don't have any box office appeal. It's not easy to be an actor, and I don't want to make it harder for myself."

"Mr. Tang, on January 1, Baosheng Bank's deposit car was hijacked, and the gunmen ran into your motorcade immediately. Excuse me, were you in the car at that time?"

"Do you really want me to go through such a dangerous situation?" Tang Huan, who had no interest in such gossip questions, asked lightly, dismissing the other party.

"However, it is said that an investor plans to make a movie based on this incident and invites you to be the leading actor."

"Then how much should my salary be?" Tang Huan said bluntly: "When you make movies, it's best not to always think about how to make money by sensationalizing the public, this is a kind of harm to the long-term development of Hong Kong's film industry. "

"Mr. Tang, I heard that TVB's TV program signal transmission is handed over to Xiangjiang Telecom, just like Media Asia TV. Since you acquired Media Asia TV, its signal coverage has exceeded TVB. Now you take the initiative to give up this advantage, there are What's the inside story?"

"When doing business, one code counts for one code. Does it mean that after I open a supermarket, I won't sell the computer system operated by my old bank to other supermarkets? Besides, the direction of TV station competition is the content of the program, and it is inevitable to emphasize other aspects. It’s the end of the day.”

"Mr. Tang, several Chinese-funded banks in Xiangjiang have recently been exposed to be in business difficulties. Will you help them like you did to Sun Hung Kai Bank?"

"Although I am willing to help others, I am not a savior after all. Moreover, I am not familiar with the banking industry, so I may not be able to solve the problem fundamentally. At the beginning, I supported Sun Hung Kai Bank entirely because of personal friendship. In fact, the relationship between me and the bank can be described as mutual. For the client, the bank buys my IT solution, I get a loan from the bank. That’s it, I don’t want to be part of the banking industry and compete with the client.”

……

For questions with technical content, Tang Huan answered seriously.After all, the results of communication and interaction with the public are accumulated step by step through patience.

Finally squeezed out of the crowd, got on the Rolls Royce with No. 3 license plate, Tang Huan let out a sigh of relief, and ordered: "Hurry back to the Mandarin Oriental Hotel."

Uncle Han Anyong's rheumatism was treated quite 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, which is regarded as a resident in Xiangjiang.

Dongrun Group can be regarded as the window of central enterprises in Xiangjiang, so Han Anyong's work arrangement this time reflects the good intentions of the above.

After the two met and chatted for a few words, Han Anyong quickly turned to the topic and brought a message, "On January 1, the first mission of the Long March 29 flew, carrying a Dongfanghong 3 communication test satellite, but The launch failed because the third stage of the Long March 3 rocket failed and failed to reach orbit."

After Tang Huan digested the notification, Han Anyong said seriously, "The communication satellite you bought from the Hughes Aircraft Company of the United States is very valuable. You must carefully evaluate the risk of launch failure."

"Astronautics engineering is inherently risky, so I'm naturally prepared. Take the launch of the Western Union Star-2 by the US space shuttle "Challenger" on February 3 this year as an example, and the result was that it failed to enter orbit. So There is no 6% success in this industry." Tang Huan smiled, "Of course, although I understand, but I have to re-evaluate the risks for this, perhaps, the terms of commercial insurance need to be adjusted appropriately."

"Okay, I'll pass on your thoughts." Han Anyong nodded, then changed the topic and said with a smile, "It seems that every year you have a company listed, no wonder you are so confident and support Anyuan's nonsense."

"Financial leverage is used well, which is equivalent to spending other people's money to do things for oneself." Tang Huan refilled Han Anyong's tea, "Sooner or later, central enterprises will go on the road of listing in Hong Kong. Since my uncle joined Dongrun Group Work, you might as well pay attention to accumulating experience in this area, and you will definitely be able to use it when the time comes."

……

Tang Huan and Han Anyong also didn't go out. When they were eating, they ordered a few dishes and put them on the tea table in the reception room. The nephew and uncle had a cheap drink with each other.

At this time, the host of Media Asia TV's financial program began to broadcast today's Heung Kong stock market situation, "Affected by the positive factors of Heung Kong Telecom's resumption of trading, the Hang Seng Index has finally reached the long-lost 1000 points..."

"The company you took so much trouble to snatch from the British is really up to snuff!" Han Anyong laughed loudly.

"Clean up Jardine, and the situation in Xiangjiang is at least half stable." Tang Huan said with emotion, because in the original time and space, Jardine, which kept making small moves, announced its relocation to Bermuda in 1984, which immediately caused panic in the market. The Hang Seng Index It fell 5.8% the next day.As a result, many listed companies competed to follow suit and applied for re-registering one after another.

Now that there is no Jardine Matheson who is making trouble, the Xiangjiang stock market began to show signs of recovery relatively easily at the beginning of 1984.

At this time, the host of Media Asia TV on TV continued: "The Hong Kong stock market is expected to usher in the second good news. The date of Hutchison Whampoa's performance announcement is approaching. According to informed sources, Hutchison Whampoa will distribute a cash dividend of 4 per share at that time." Hong Kong dollars, with a total value of 20 billion Hong Kong dollars."

"The big businessmen in Xiangjiang are all good people, and their sense of the current situation is simply too sensitive." Han Anyong watched TV, shook his head with a smile.

……

After sending Han Anyong away, Tang Huan took a hot towel, covered his face, and leaned on the sofa thinking about something.

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

"Maggie, have you eaten yet?" Tang Huan, who kept his posture unchanged, asked casually.

"I've eaten." Zhang Manyu moved her face curiously, "Why don't you know it's me without looking?"

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

"Liar, your whole face is covered with a towel, how can you smell it?" Zhang Manyu mischievously took down the cooled towel while talking.

"The filming is over?" Tang Huan stretched comfortably, and took a few glances at Zhang Manyu.It can be seen that the other party deliberately dressed up before coming, she is very fresh.

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

"The meaning of the first time is naturally extraordinary." Tang Huan laughed 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."

Zhang Manyu, who had been taught various opportunities by Fang Yihua face to face, had a psychological preparation no matter how simple her personality was.More importantly, Tang Huan was rich enough, young enough, humorous enough, and personable enough, so it was difficult for girls to feel resistance when he came into contact with him.

"A big man like you must have seen a lot, will there be a first time?" Zhang Manyu pretended not to notice, and asked with a flushed face.

"Of course I did. It was on the battlefield. It was the first time I saw a soldier wearing a steel helmet rushing over with a submachine gun..." Tang Huan replied leisurely.

"You're talking about the scenes in the movie, right?" Zhang Manyu, who was a little ticklish, finally couldn't help it, and smiled and twisted her body a few times, like a cat.

……

The development of American cable TV has long passed the stage of staking land, and the early licenses are now almost concentrated in the hands of powerful companies.

Because of this, the development mode in this industry has evolved into a game of competing for capital, which can be said to be that the highest price wins and kills all parties.And CNN is verifying this iron law of unanimous victory over and over again.

Recently, Ted Turner and Murdoch have made no secret of their mutual hostility in this area, and they have been fighting for the cable network owned by Metropolitan Media.

Tang Huan, who was enjoying life in Xiangjiang, received a request from Ted Turner for help, because this time he played too big, and might need to use more than 35 billion US dollars of funds, and some of them were unable to turn around.

(End of this chapter)