On July 15, 1993, after the trip to Japan, Lin Qi flew back to Hong Kong and felt the heat wave coming. It was not only the heat of the weather, but also the fanaticism of the stock market.

In 1993, the Hong Kong stock market had a craze that was no less than that in 1989.

Looking back at the 1982, the Hong Kong stock market was still pessimistic about the prospects, and the Hang Seng Index fell below 676.30 points. After that, the Hong Kong dollar was run and the real estate and stock market collapsed. Many pessimists in Hong Kong cut real estate and stocks into the lowest point, cashing out funds to immigrate overseas. Many foreign capital fled in a hurry because of its pessimistic prospects.

But with the joint statement between China and the UK, the real estate and stock market have continued to flourish for ten years. The Hang Seng Index not only rebounded from 676.30 points ten years ago, but also has also emerged from an unprecedented bull market, rising ten times in ten years.

In just 1993, the index has grown from 5,000 points, with a momentum of like a tiger. It has risen above 7,500 points, and is the best in the world. According to the current situation, it is not difficult to break through 10,000 points within this year.

It can be said that if the people who sold Hong Kong houses or stocks in 1984, most of them would probably regret it! Because the bear market should be a period of buying, but they kept selling due to panic. The bull market is when people cash out or use other means to cash out their interests. Many people instead increase their capital investment in the bull market and take over the increasingly large bubbles.

Of course, investors who invest in the Hong Kong stock market are among the very few lucky people compared to most of the global markets. Generally speaking, people envy the long bull market in the United States, but in fact, the return rate of Hong Kong stock market is better than that of the United States in a long period of time. The Hong Kong stock market has experienced a wave of development. One is the increase in the population itself after World War II, and the local economic growth dividend of Hong Kong. Later, it is the dividend of globalization and China's economic dividend.

After rounds of new dividends, the Hong Kong stock market has undoubtedly continued to flourish a little longer than the Japanese stock market before the collapse in 1990. Although it has experienced one round of stock market crashes, it has emerged from the myth of an epic bull market. Since the Hang Seng Index was released in 1969, it has actually been fluctuating forward. In 1969, the Hang Seng Index was initially released at only 158 points, and by 1774.96 points, a record increase of more than 10 times. From 73 to 74, many older generation investors in Hong Kong remembered it.

The deep, most tragic bear market at the epic level fell below 150 points. However, by 1981, the Hang Seng Index hit a record high of 1810 points. The long bear from 81 to 84, well, is only a relatively long bear market for the Hong Kong stock market. If it is compared with the bear market after the 29th Great Depression in the United States, and the decades of bear market in Japan, or even the bear market in the A-share market that has reached a new high of 6,000 points in 2008, and more than 10 years, the Hong Kong market is still a Feng Shui treasure land where bulls are long and bears are short.

As the lowest point in 1984 was as low as 676 points, we embarked on a new journey. By 1987, the US stock market crash caused a global stock market crash, the Hang Seng Index was a record high of 3949.7 points. It fell to 1894 points in 1987, and then another long-term bull market, which peaked again, until 12599 points on January 4, 1994.

After 1994, the bear market was only two years, falling to 6890 points in 1995.

However, since 1994, the Hong Kong Stock Exchange began to launch mainland companies in Hong Kong. A large number of domestic companies continued to list in Hong Kong. This has become a new driving force for the Hong Kong stock market and the continuous growth. The Hang Seng Index gradually began to take advantage of China's economic growth dividends and set an epic bull. By 2007, the Hang Seng State-owned Enterprise Index reached a maximum of 20,000 points. In 2018, it broke through the top in 2007 and rose to more than 30,000 points!

Although there will be a bull market window in the future, every bull market needs to be fully utilized, seize the time window of the bull market, those who are preparing to go public will go on the market as soon as possible, and those who have already gone public will take the opportunity to launch a plan to issue new stocks.

After Lin Qi returned to Hong Kong, he quickly followed the management and board of directors of major listed companies to seize the time to take advantage of the market conditions and raise more funds.

Of course, if you take advantage of the market conditions, selling stocks may make more money. However, Lin Qi would not do this.

Because, although there are more and more listed companies in the Hong Kong market, the market value is getting bigger and bigger. But in fact, the ones who buy stocks are very limited.

For big capital like Lin Qi, every move is no longer as simple as affecting the market, but he is part of the market. Therefore, it is becoming increasingly difficult to play with the practice of selling high and low stocks and assets. Because, once he sells stocks, the market will be scared to death even a little bit, and everyone will smash the market faster than Lin Qi, and there is no way to find funds to buy in the market.

Therefore, Lin Qi basically does not sell stocks, but instead, when the market conditions are good, issue more additional stocks, bonds and other financing. By increasing the price at a high price, it will obviously have a lower impact on the market than selling and smashing the market!

At present, most of the listed companies under the Xinxing Enterprise Group benefit from the continuous influx of capital in Hong Kong, driving up the continued rise in stock prices.

For example, Hang Seng Bank has gained favor from the market because it benefits from the Hang Seng Index brand. At the beginning of the year, Hang Seng Bank's market value had exceeded HK$120 billion. By July, its market value had reached HK$180 billion, which was only about 10% away from HSBC's 200 billion market value.

Aika New Energy Company released its half-year revenue and profit forecast for the first half of the year in July. The revenue exceeded HK$30 billion in the first half of the year and its net profit exceeded HK$5 billion. It is the absolute leader in the global lithium battery industry. It is precisely because of this that Aika New Energy's market value exceeded HK$270 billion, re-established as the largest company in the Hong Kong Stock Exchange's market value.

The market value of Xinzengwen Film and Television Company exceeded HK$50 billion, and the market value of Xinzengwen Publishing Group exceeded HK$700. In addition, there is Phoenix Game Company, which has just been listed this year, and its market value continues to soar to HK$150 billion.

Even the most inconspicuous new toy company under the New Entrepreneurship Group has a market value of over HK$20 billion, making it the largest toy listed company in Asia.

It can be said that every listed company under Xinzhan has never cheated investors except Xinfei Electronic Technology, which has privatized and delisted in the Japanese market. Basically, there are very few investors who hold it for a long time who are not profitable.

It is precisely because of this that on July 19, Xinzhan Film and Television Company and Xinzhan Publishing Group announced financing plans of US$1.25 billion.

The financing scale of the two companies is the same, both of which are issuing additional stocks in the Hong Kong market to raise funds. Even the investment targets are exactly the same.

"The company plans to raise US$1.25 billion, mainly to strategically invest in 4% of the equity of Xinfei Electronic Technology Company. Xinfei Electronic Technology is a technology giant with huge influence around the world and has strategic synergistic value with our business. Investing in Xinfei Electronic Technology Company's stock will promote the issuance of VCD and DVDs. Moreover, Xinfei Company currently launches DVDs and DVD-rom products, which has huge room for growth. In addition, it is not ruled out that Xinfei will relist in the future, thereby further enhancing its interests..."

"Due to the need for diversified business development, the company applied for an additional issuance of US$1.25 billion in stocks, and the purpose of the funds is to purchase 4% of the equity of Xinfei Electronic Technology. This investment is expected to bring long-term investment benefits to the company."

The financing plans of Xinchuangye Film and Television Group and Xinchuangye Publishing Group were quickly approved by the Stock Exchange.

Subsequently, major securities issuing institutions frantically conducted roadshows to attract investors to subscribe.

In the bull market, all news is good.
Chapter completed!