章 1272: Chapter 1272: Marching towards 2 trillion
Returning to Hong Kong, naturally, reunions with family were inevitable, as was hanging out with Li Qian and He Chaoqiong, and visiting and being visited.
That afternoon, Xia Yu asked the maid to tidy up the house a bit more, and just half an hour after finishing, he heard a car honking outside the door.
'I think they're here,'
Xia Yu laughed lightly and walked out of the room on his own initiative, just in time to see Bao Yugang and Huo Yingdong each carrying two gifts walking towards him.
'Ah Yu, long time no see, I've missed you!'
'Bao and Huo, it's been so long since we last saw each other, and you're still so formal,'
Xia Yu said with a laugh, personally taking over the gifts from Bao Yugang and Huo Yingdong and passing them on to the others.
'Eh, this is not being formal, there's no reason to come empty-handed.'
'Haha, please come in!'
'...'
After a while of chatting, the group entered the living room and took their seats. The maid immediately brewed tea and began to make it.
'Ah Yu, you have greatly increased the popularity of our port in the island country. You are a real mover and shaker, and we must learn from you.'
'Bao is right. You may not know because you've been in the island country for the past six months, but everyone has been paying attention to the way you have been dominating the island country's tycoons. Many people are studying your methods and trying to replicate them.'
'Ah Yu, you have to tell us more. I'll be able to brag about this when I go back.'
Bao Yugang and Huo Yingdong were in a duet, like a crosstalk, and Xia Yu couldn't help but laugh.
However, Bao Yugang and Huo Yingdong were after all not outsiders, and some details could still be discussed.
Therefore, Xia Yu slowly recounted his experiences in the island country.
Before he knew it, an hour had passed...
'It was wonderful. Ah Yu is truly a peerless genius from Hong Kong, and can dominate wherever he goes.'
After listening to Xia Yu's account, Bao Yugang was full of emotion and praised.
'Lao Bao, I also had a bit of luck on my side. It was like taking chestnuts out of the fire. If the Mitsui Foundation had really come after me, I would have been dead or seriously injured. The reason the Mitsui Foundation kept backing off was because the situation in the island country was too complicated, and other foundations were holding them back.'
Xia Yu smiled and shook his head.
'You need to have enough courage and insight to take chestnuts out of the fire. Once or twice is luck, but if you succeed every time, then it's inevitable.'
Huo Yingdong did not dare to agree with Xia Yu's statement, and did not let him continue to be humble.
'I find that you are all prepared to blow me up today, so that I can't find the North, right?'
'Haha...'
After everyone laughed, they no longer stuck to the content of what had just been said.
After Xia Yu added some more tea for him, Bao Yugang looked at Xia Yu and said, 'Yu, you have been away from Xiangjiang for so long, and Xiangjiang's economy and all aspects are booming, you should know that, right?'
Xia Yu's mouth curled up slightly, and he nodded slightly and said, 'Yes, I have gained a general understanding since I returned, and I also read the 1983 development report released by the Hong Kong government the day before yesterday.'
Over the past year, Hong Kong has enjoyed political and social stability and harmony, and there have been huge improvements in both the economy and people's livelihoods.
The Hong Kong government, which has no other concerns, has greater financial freedom and has invested its resources and energy in development.
Education, healthcare, housing, transport, law and order, employment, etc. have all undergone significant changes, and social conflicts have eased considerably.
Of course, the most obvious change is the leaps and bounds that the Hong Kong economy has made.
In 1982, Hong Kong's gross national product was 33.158 billion US dollars.
But last year, the gross national product soared to 45.874 billion US dollars, an increase of 38.35%!
This growth rate is the highest in the past nine years, and is only 2% lower than the growth rate in 1973.
However, although the growth rate of the GDP in 1973 was as high as 40.63%, it was because the base was small, and it only increased from 5.71 billion US dollars to 8.03 billion US dollars, an increase of only 2.32 billion US dollars.
However, last year, the GDP increased by 12.716 billion US dollars, which shows the strong momentum of Hong Kong's economic development.
In fact, after Hong Kong resolved its political problems, the whole of Southeast Asia and other international capital could see Hong Kong's potential. Hong Kong's foundations have been strengthened, to the point where a siphoning effect has emerged, and it stands out in the surrounding areas.
Let's just take the most representative financial sector.
The annual trading volume of the two Hong Kong exchanges has directly exceeded the HK$1 trillion mark, and is heading towards the HK$2 trillion mark. Moreover, the futures market is even more terrifying than the stock market.
In the past year, the Hong Kong Stock Exchange has attracted a large number of high-quality Southeast Asian companies to go public in Hong Kong, and with the listing of local companies, the total number of listed companies in the entire stock market has reached 384. As of the end of 1983, the total market capitalisation of the stock market reached 724.8 billion Hong Kong dollars. There were 250 trading days throughout the year, with an average daily trading volume of 3.13 billion Hong Kong dollars. At the end of the year, when the market was closed for the New Year holiday, the latest Hang Seng Index was 1856.4.
This Hang Seng Index level, just in terms of the data, has almost returned to the height of the previous peak, and it is still healthy and has great potential.
After all, the Hong Kong stock market has grown from a small stream to a mighty river, and it is incomparable.
And the Hong Kong Futures Exchange has, over the past year, successively launched international crude oil futures and other financial derivatives, all of which have been a great success.
Last year, the Futures Exchange had a total annual trading volume of 1,145 billion Hong Kong dollars, with an average daily trading volume of 4.58 billion Hong Kong dollars. In just over a year, it has grown from a nearly bankrupt exchange to the second largest in Asia.
Due to the futures trading volume of over 1 trillion Hong Kong dollars, the Hong Kong Commodities Exchange alone earned a whopping 570 million Hong Kong dollars in commissions for the year. If it were listed, with its monopoly position and potential, it would undoubtedly become another giant in the 10 billion range.
Of course, statistics also show that the prosperity of Hong Kong's financial market still relies on the influx of foreign capital.
According to statistics, in the past year, Hong Kong attracted a record high of 24.43 billion US dollars in foreign capital inflows.
Of this, 19.84 billion US dollars flowed into the financial sector, and 4.59 billion US dollars flowed into other sectors such as industry.
Of the 4.59 billion US dollars invested, more than 3 billion US dollars went to the Yuen Long Science and Technology Industrial Park, where all kinds of companies have sprung up, many of them related to the automotive industry. There's no choice, with the Tiangong Motors Group, which produces a million vehicles a year, and the branch of the giant Rolls-Royce Motors Group, it's like two mountains of gold, with incredible appeal.
...
'Ah Yu, I'm glad you know, so I won't say any more nonsense.'
'In fact, today we've come here to discuss something very important with you, and we're mainly looking for your opinion.'
Bao Yugang said with a serious expression.
Xia Yu's eyebrows rose slightly, and he sat up straight, solemnly saying, 'Bao, what's so formal?'
Bao Yugang pondered for a moment, and slowly said,
'You have made an invaluable contribution to the success of Hong Kong. You have been the driving force behind the Hong Kong Science and Technology Industrial Park, the financial market and many other aspects. You have spent an unknown amount of effort. After all is said and done, although we and others have contributed to the economic development of Hong Kong, we have not reaped as many benefits as you have.'
'Over the past year, you have been absent from Hong Kong for most of the time. Many things have happened in Hong Kong, both overtly and covertly, and these things have had a profound impact.
'Now although Hong Kong is becoming more and more prosperous, with the influx of outside capital, the forces are becoming more and more complex. The more people there are, the more chaotic people's hearts become.'
Xia Yu's brows furrowed, and he roughly understood what Bao Yugang was trying to say.
Although he had not been in Hong Kong for much of the past year, his Jiuding consortium dominated the entire city, and there was an all-pervasive network, so in actual fact he had always been fully aware of the situation in Hong Kong.
The reason why he hasn't made any big moves is that he is busy in the island country, and secondly, because everything is still under control. No matter what they do, they can't make a big wave, and he is confident that he can suppress them.
However, now that Bao Yugang and Huo Yingdong are so eager to come over, he also realises that there are some things that he can remain calm about from his position, but his allies will be worried.
Thinking about this, Xia Yu said softly, 'Lao Bao, are you saying that they are forming cliques and trying to rebel?'
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