Rebirth of the Tech Madman

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

In the evening of the same day, the Hong Kong Association of Banks announced that starting from July 21, the interest rate on savings deposits would be increased from 11% to 12%, 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 20, after the Hong Kong stock market opened, the Hang Seng Index dropped by 32.20 points that day, thus kicking off the prelude to the bear market.

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

The difference between the highest index and the lowest index for the whole year is 696.43 points, a comparative decline of 38%, and some stocks have reached more than 50%. The volatility is large, which irrefutably proves the downturn of 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. A series of capital wars stimulated the Hong Kong stock market, causing the Hang Seng Index to rebound to above 1400 points.

However, after the bursting of the real estate bubble, especially the emergence of the Carrian fraud case, and the visit of British Prime Minister Margaret Thatcher to China, she tried to exchange sovereignty for governance rights to solve the future of Xiangjiang, but was rejected and criticized. The pessimism in the Xiangjiang stock market broke out completely.

The falling Hang Seng Index. It hit a new low again on December 2, 1982 - 676.30 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 become superficial, and the most powerful evidence is that. Since the resumption of negotiations between China and Britain 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 investor confidence.

The good news is that Xiangjiang Telephone Company completed the 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 Internet Access Co., Ltd., which is in charge of the Internet services in Heung Kong.

Among them, the latter two belong to the new service category, although the revenue share contributed is still somewhat weak, but the growth is very rapid. More importantly, it has the special significance of turning Heung Kong Telecom into an all-round player.

d——Communication Services Co., Ltd. is CSL, and the mobile phone system used is Namts.

Currently. 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 was equivalent to making Heung Kong Telecom a standard model and a practical model. Therefore, on the day of resumption of trading, investors paid great attention. Communication industry peers from mainland China, Taiwan, Singapore and other regions came to observe in different identities.

After Tang Huan presided over the ceremony, the stock exchange was filled with various voices of buying No. 8 boy.

The name No. 8 boy comes from the stock code. Heungkong Telecom, which inherited its listing status from Heungkong Telecom, has a stock code of 0008, so it is commonly known as No. 8 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, had just walked out of the exchange. They were surrounded by waiting reporters. He hasn't shown up publicly in Xiangjiang for a while, but he has suffocated the media with various problems.

...

Mr. Tang. Now everyone says that Hu Hua Qing Qing will become the first Chinese-language blockbuster with a global box office of more than 100 million US dollars, which can be called an extraordinary milestone. This shows your box office appeal. Excuse me, do you have any questions? 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. I don't want to make it harder for myself.

Mr. Tang, on January 31, 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 some investors plan to make a movie based on this incident and invite 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 Heungkong Telecom just like Media Asia TV. Since you acquired Media Asia TV, its signal coverage has surpassed TVB. Now you voluntarily give up this advantage. What's the inside story?

In business, one yard is worth one yard. Could it be said that after I open a supermarket, I won't sell the computer system of 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. This request is over.

Mr. Tang. Several Chinese-funded banks in Hong Kong have recently been exposed to be in operating difficulties. May I ask if you will help them like you did to Sun Hung Kai Bank?

Although I am willing to help others, I am not a savior after all. And I am not familiar with the banking industry, so I 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, 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 all, 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 result of communicating and interacting with the public is patience. Accumulated step by step.

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 called 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. It brought a message, On January 29, Long March 3 flew for the first time, carrying a Dongfanghong 2 communication test satellite, but the launch failed because the third stage rocket of Long March 3 failed and failed to fly. into 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.

Aerospace engineering. It is inherently risky, so I am naturally prepared. Take the launch of the Western Union Star-6 by the US space shuttle Challenger on February 3 this year. The result was also unsuccessful. So There is no 100% 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: I still think 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 1,000 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 2 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 looked at the TV and 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.

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 asked with a blushing face, pretending not to notice.

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 3.5 billion US dollars of funds, and some of them were unable to turn around. (To be continued.)