Tao Liangchen

Chapter 678 Early Vote-Getting is Important

Celebrating the Hong Kong Stock Exchange's listing at a small party.

Even the local governor came. He found Su Yehao, patted him on the shoulder, and asked happily, "Little stock god, what price do you think the Hong Kong Stock Exchange can rise to?"

Su Yehao remained calm, shrugged, and said, "Investing is about confidence and the future. The Hong Kong Stock Exchange hasn't shown its true strength yet. As long as the stock price exceeds the issue price today, I'll consider it a success."

"Oh? In that case, you need to communicate well with Mr. Zheng Yongwen and strive to bring out its potential."

Hearing this.

Su Yehao, seizing the opportunity, didn't hide his thoughts. Taking advantage of the presence of everyone today, he said:

"Although we have a certain advantage in Asia because we are backed by the huge mainland market, the Hong Kong Stock Exchange currently lacks unique characteristics."

"I have been suggesting that we refer to the Nasdaq model and create a freer and more open venture capital market. Firstly, it can support industries such as the Internet, pharmaceutical research and development, and consumer electronics. Secondly, it can provide new investment and financial management options for investors in Asia and even the world."

"Even many of my companies cannot meet the listing requirements of the Hong Kong Stock Exchange for the time being, but they can easily land on the Nasdaq. This is its advantage. Technological development will not stop. The sooner we create this new market, the sooner we can seize the current opportunities and let the Hong Kong Stock Exchange drive the economic development of the entire Hong Kong."

As he said, he had often mentioned the idea of the Hong Kong Stock Exchange opening up a new sector, which most people present knew.

So, after hearing Su Yehao's words, no one felt surprised.

Since Su Yehao made achievements in Silicon Valley and successively won the Cyberport and Semiconductor Industrial Park projects, he has now been regarded as a representative of Hong Kong's high-tech industry.

Don't underestimate Su Yehao's young age, his influence should not be underestimated.

As for seniority and qualifications, they are not that important in the face of true strength.

Outsiders have always said that he is lucky, and that he relies on his family's wealth to climb to his current height.

However, the undeniable fact is that Su Yehao is indeed very rich, ranking among the top twenty-five on the world's rich list, truly one in a billion.

The governor smiled after hearing his words and said:

"I don't know much about this, but the Hong Kong Stock Exchange is already a listed company, so you can make your own decisions if you have any ideas. In my opinion, it's okay to try. Isn't the Nasdaq Stock Exchange a ready-made success story? They attract high-quality companies from all over the world. Even if we can't reach that scale, we can at least attract some companies from Southeast Asia, Japan, South Korea, and the North."

In the eyes of outsiders, Zheng Yongwen is almost Su Yehao's puppet, and their relationship is so good that they seem to wear the same pants.

At this moment.

Zheng Yongwen poured cold water and said truthfully:

"Hong Kong can only be regarded as one of the financial centers in Asia at most. It is not difficult to build such a trading system, but it is difficult to raise enough capital. Its market maker system and sponsor system cannot be developed overnight."

The so-called "market makers" refer to hundreds of independent stock traders.

They are mainly responsible for providing buying and selling services for a certain stock to investors. This is especially important for those stocks with low market value and few transactions, including world-class investment banks such as Merrill Lynch, Goldman Sachs, and Lehman Brothers.

There are so many start-ups in the world that ordinary investors simply do not have the strength and energy to screen them one by one.

After all, other listed companies can look at financial reports, market share, and performance fluctuations to measure the value of a company.

However, most start-ups are in a state of long-term losses, and third-party companies need to be responsible for communicating between companies and investors.

These stock traders play a key role by researching the companies they serve as market makers, publishing research reports on the company's stock, and making recommendations to investors.

Su Yehao knew this guy's temper very well. He always said whatever he had to say. If he had been a little more tactful, he wouldn't have been pushed out to take the blame back in ninety-eight, and ended up resigning as chief financial advisor.

There was no other way.

Although the Hong Kong dollar exchange rate was maintained at that time, the housing market and the stock market suffered a double whammy, and countless investors suffered heavy losses.

Foreign media also took the lead in saying that Hong Kong's intervention in the economy violated the positioning of a free financial port, which directly affected Hong Kong's reputation in the international financial market.

Zheng Yongwen, who was in charge of planning, was actually not the best candidate to take the blame, but he was pushed out to take the fall because he was not good at socializing and had terrible interpersonal relationships.

If Su Yehao hadn't helped him, his chances of turning over would have been very low.

At this moment.

Su Yehao continued to express his position, saying:

"There will definitely be a lot of trouble, but this listing of the Hong Kong Stock Exchange has attracted many multinational financial companies to participate as shareholders. It is just right to let them play their role and help build the platform. To put it bluntly, the most difficult thing is to strengthen supervision. If a strict set of regulations is formulated, it will definitely be more beneficial than harmful to the future of the Hong Kong Stock Exchange."

Aside.

A shareholder of Hang Seng Bank took the opportunity to get close and said:

"I think it's possible. The Nasdaq bubble is so big this time. It's definitely impossible to say that there are no problems with supervision. While its position is weakened, if we attract more good companies to list, investors will earn money, which will attract more funds to enter the market."

Zheng Yongwen also said: "That's right, my point is that it is very important to do a good job in supervision. One of the key tasks of the Hong Kong Stock Exchange this year will be to create a technology innovation sector, simplify the listing process, protect investors, and give entrepreneurs more autonomy."

As the Chief Executive Officer of the Hong Kong Stock Exchange, Zheng Yongwen, with his high self-esteem, couldn't say things like imitating the Nasdaq Stock Exchange, but he still meant the same thing.

This time, Su Yehao spent a lot of effort, frequently intervened in the reform process of the Hong Kong Stock Exchange, in order to create an Asian version of Nasdaq. Seeing that no one clearly expressed opposition, he was immediately relieved.

His high-tech companies in the mainland will eventually be listed one after another. Compared with Nasdaq, Su Yehao is more willing to bring his own people to share the dividends brought by technological development.

Today is just to say hello to the board members.

When the specific plan comes out, it will be submitted to the board of directors for a vote. It is very important to canvass votes in advance...

After the celebration wine party.

Su Yehao looked at the stock price of the Hong Kong Stock Exchange again, which had fallen slightly by one percentage point, obviously due to investors' lack of confidence.

He didn't plan to release this batch of stocks for the time being, and the amount of the increase was irrelevant.

Since he was in Central, he went to Sweet Fish Entertainment to visit.

Nangong Tian took the finished film of *Boys Over Flowers* to Si Jiucheng this morning for review, while Jiang Yu was in the company, preparing for the *Chinese Paladin* project.

The preparations were basically completed, but the male and female protagonists had not yet been decided.

Jiang Yu then suggested: "What do you think about letting my schoolmate Qin Ju play Ling'er in the play? Many fans like her."

With a preconceived impression, Su Yehao immediately shook his head and replied, "It doesn't seem very suitable. Ling'er is a fairy of the Nuwa clan. How can it work if she lacks the air of immortality?"

"...Then we can only find someone in the sky. I'm seriously talking to you about business, don't mess around."

Jiang Yu said weakly.