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2021年港股十大新闻:香港提高印花税,恒大资金链现危机

Top ten Hong Kong stock news in 2021: Hong Kong raises stamp duty, Evergrande's capital chain is in crisis

新浪港股 ·  Dec 31, 2021 12:45

Source: Sina Hong Kong stocks

December 31 news, Hong Kong stocks near the end of 2021, Hong Kong stocks this year after several ups and downs, the Hang Seng Index also fell from 31000 points at the beginning of the year to 23000 points at the end of the year.

Looking back on 2021, there was not only the joy of Xiaomi Guan Xuan Chuanche and Zeng Yuqun becoming the richest man in Hong Kong, but also the regret of the delisting of Huiyuan Juice Hong Kong Stock Exchange and the death of Li Wenda, chairman of Li Kam Kee Group, as well as the major changes in the launch of bonds to the south, the launch of the first A-share futures product on the HKEx and the introduction of the SPAC mechanism, as well as negative cases of infighting between WH Group Limited and his son, Weeta Milk mired in public opinion, and NONGFU SPRING CO., LTD. 's marketing rollover. At the end of 2021, Sina Hong Kong stocks take an inventory of the top 10 news of Hong Kong stocks in 2021.

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For the first time in 29 years, Hong Kong raised the rate of stamp duty to 0.13%.

On the morning of February 24, Chen Maobo, Financial Secretary of the Hong Kong Special Administrative region Government, delivered the Hong Kong Special Administrative region Government Budget for the financial year 2021 in the Legislative Council, in which he mentioned that in order to increase government revenue, he planned to increase the rate of stamp duty on stocks from 0.1% to 0.13% for each buyer and seller according to the transaction amount.

The Hang Seng Index fell more than 900 points, or 2.99%, on the same day. The Hang Seng Technology Index, which is concentrated in Hong Kong technology stocks, plunged 5.1%. As one of the indicators of Hong Kong stocks, the share price of the Hong Kong Stock Exchange plunged nearly 9% on the day. It is worth noting that the Hang Seng Index was at 30632.64 points on February 23, compared with just over 23000 points at the end of the year.

On March 2, the Financial Secretary of the Hong Kong SAR Government, Mr Paul Chan, said that Hong Kong stock trading tax is only a small part of the cost for high-frequency traders, there are no plans to levy dividend tax at this stage, and the possibility of further increase in stamp duty will not be ruled out in the future. At the same time, he stressed that the increase in stamp duty would not affect the competitiveness of the Hong Kong stock market.

2. UEFA Champions League will be promoted to the new HKEx, and the SPAC listing mechanism will be introduced.

December 31, 2020 became Li Xiaojia's last day at the helm of the HKEx. Li Xiaojia has been in the HKEx for 11 years since joining the HKEx on October 16, 2009 and leaving on December 31, 2020. Implementing connectivity, promoting major changes on the Hong Kong Stock Exchange, acquiring the London Metal Exchange and simplifying the listing process of new shares have become the greatest achievement of Li Xiaojia during his tenure.

On February 10, the HKEx announced the appointment of UEFA Champions League as Chief Executive Officer of Hong Kong Exchanges and Clearing Group for a period of three years from May 24, 2021 to May 23, 2024. Shi Meilun, chairman of the HKEx, said that EU Guansheng is of Argentine nationality and has Hong Kong permanent resident status. Dai Zhijian will retire as Hong Kong Exchanges and Clearing acting Chief Executive Officer and ex officio member of the Board of Directors on May 23rd, 2021. He will continue to serve as Co-President and Chief operating Officer of Hong Kong Exchanges and Clearing.

Mr ou joined JPMorgan Chase & Co in 1990 and has held a number of leadership positions in different businesses and regions of the bank over the past 30 years, including head of investment banking in the Asia-Pacific region from 2015 to 2019 and JPMorgan Chase & Co as chief executive of Latin America from 2005 to 2012. The Champions League holds a Bachelor of Science (Economics) degree from the Wharton School of the University of Pennsylvania and has worked in Hong Kong for nine years.

Since taking office, the HKEx has introduced a series of reforms. HKEx has taken disciplinary actions against a number of listed companies, such as the misappropriation of company assets by the Chief Financial Officer of Dongyue Group and the criticism and condemnation of 10 directors of the company. for example, cancel the listing status of a number of problematic listed companies.

On October 18, when the HKEx launched its first A-share futures product, the European Champions League said A-share index futures would provide investors with an effective tool to manage the risks of A-share-related assets.

On December 18, the HKEx plans to introduce the SPAC listing mechanism, which will be formally implemented on January 1 next year, with relaxation in five major areas. Through the introduction of the SPAC listing mechanism, we hope to allow experienced and reputable SPAC sponsors of emerging and innovative industrial companies as M & A targets, so as to foster the growth and success of some potential corporate stars. "

3. Zeng Yuqun surpassed Li Ka-shing to become the richest man in Hong Kong.

Zeng Yuqun, chairman of Ningde Times, was worth US $34.5 billion on May 4, surpassing Hong Kong legendary tycoons Li Ka-shing and Lee Shau-kee to become the richest man in Hong Kong. Zeng Yuqun is worth as much as $52.1 billion, far more than Li Shaoji and Li Ka-shing, according to data at 3pm on December 29th.

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Some investors said on social media, "I prefer the Ningde era to Guizhou Moutai, because high-end manufacturing shows' China's strength'in global competition." "

For Ningde Times, Guoxin Securities believes that there are mainly four core driving factors (1 external cause + 3 internal cause): first, the high prosperity track with card position 100 times over the past decade (the power battery industry is the meeting point of energy, transportation and industry; the compound growth rate of 30% of the cost of new energy vehicles in the next 5 years, of which the power battery, which accounts for 40% of the cost, is the most flexible pure incremental link in three years). The second is to achieve full coverage of the supply chain of mainstream automobile companies (half of the domestic and overseas market share is expected); the third is the vertical layout to form the strategic layout of the industrial chain (to open up raw materials, battery manufacturing, operation services, material recycling links, and continue to reduce costs); fourth, the technology continues to iterate to maintain competitiveness (CTP, high nickel, fuel cell, sodium ion battery, etc.).

However, Li Ka-shing has not been idle this year. HUTCHMED (China) Limited, a subsidiary, listed in Hong Kong at the end of June and became big news as soon as the listing became big news, as the share price of HUTCHMED (China) Limited, a secondary listing, surged more than 100 per cent and 37 per cent since the listing. The company focuses on the discovery, development and commercialization of targeted therapy and immunotherapy for cancer and immune diseases. at present, it has been listed in Hong Kong, the United States and the United Kingdom, with a long-term shareholding of more than 38%.

In addition, Li Ka-shing, who is thought to "own half of the UK", is ready to start selling British assets. According to foreign media, the UBS headquarters building held by CK Asset, a subsidiary of the Li Ka-shing family, is proposed to be sold to South Korea's National annuity Corps and Lingsheng Investment Management for about 1.25 billion pounds (10.5 billion yuan).

4. some inner housing stocks have defaulted one after another, and Evergrande's capital chain is in crisis.

Since the beginning of this year, individual housing enterprises have appeared capital chain crisis, layoffs and slimming, broken arms for the generation of the most problematic real estate enterprises. With the fermentation of the crisis, there have been Evergrande, Sony Holdings, in the mood for New year, Kaisa, Sunshine City, Shimao, R & F and other real estate enterprises have debt default or stock and debt double kill, and Evergrande's capital chain crisis has attracted national attention.

In June, Evergrande suffered a long-term debt crisis after the market revealed extra-large preferential measures and the situation that commercial tickets were not paid in time, causing thousands of waves with one stone. In July, Evergrande began a double-kill market for stocks and bonds, with problems such as low pricing being investigated and shares frozen. In July, Guangfa Bank requested to freeze Evergrande's related assets; in August, the people's Bank of China and the Bank of China Insurance Regulatory Commission interviewed Evergrande; in September, Evergrande wealth management products exploded because Evergrande wealth management products could not pay due interest. Evergrande friends Liu Luanxiong and China Strategy Group and other listed companies began to sell Evergrande shares one after another.

At the same time, Evergrande began to survive with a broken arm, transferring Jiakai City, clearance Hengteng Network and trying to sell assets such as Evergrande Property Services and China Evergrande New Energy Vehicle. Xu Jiayin mortgaged personal stocks, sold real estate and sold aircraft to raise wages.

In September, senior executives of Evergrande signed a military writ for "Baojiaolou", and resuming work and production became Evergrande's top priority; in October, Evergrande announced three major strategies to save itself, and Xu Jiayin said that Evergrande would fully implement existing building sales in the future. the scale of real estate sales will be reduced from more than 700 billion yuan last year to about 200 billion yuan a year within 10 years, and the industry transformation from real estate to new energy vehicles will be completed within 10 years.

In the process of Evergrande capital chain crisis, a number of real estate stocks defaulted on debt or double kill on stock and debt. Sony Holdings fell more than 90% in a single day, and the company may default under the terms and conditions of its bonds in January 2022.

On Oct. 4, the company said there was a periodic liquidity crunch and failed to pay the remaining principal of the 2021 note on Oct. 4, about $205 million.

On the evening of December 2, the China Olympic Garden announced that it had been informed by creditors that the company's financing with a total principal of $651.2 million was required to be repaid as a result of the downgrade. On the date of the announcement, the Olympic Garden made no payment or reached an agreement with such creditors in respect of alternative payment.

In December, when Shimao suddenly collapsed, Shimao Group replied: there are rumors fermenting in the capital market over the weekend, causing panic selling among some investors. They are learning about the situation, actively communicating with investors, and will communicate with you in time if there is further news.

5. Xie Zhikun, founder of China Plant Department, died, holding two Hong Kong stock companies.

Mr. Xie Zhikun, founder of Zhongzhi Enterprise Group, died at 09:40 in Beijing on December 18 at the age of 61, according to an obituary posted on the official website of Zhongzhi Enterprise Group on the evening of December 18.

At present, Zhongzhi Enterprise Group has formed a dual-main business model of "industry and finance", and has gradually developed into a comprehensive enterprise group covering real industry, asset management, financial services, wealth management and other fields, with assets of more than one trillion yuan.

Because of the large number of controlled enterprises and involving a number of listed companies and licensed financial institutions, the market refers to the enterprises controlled by Zhongzhi Enterprise Group as "Zhongzhu system".

According to public information enquiries, the assets of Zhongzhi system are roughly held by Zhonghai Shengfeng (Beijing) Capital Management Co., Ltd. (hereinafter referred to as "Zhonghai Shengfeng") and Zhongtai Chuangzhan Development platform. The A-share listed companies actually controlled include Kane shares, MeiJim, Meierya, Yushun Electronics, quasi-Oil shares, Kangsheng shares, Rongyu Group, * ST Baode, and Hong Kong listed companies include CICC Technology Services (formerly known as Zhongzhi Capital International).

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So far, China Plant also has at least two listed company platforms in Hong Kong. Among them, Zhongzhi Capital International renamed CICC Science and Technology Service, Xie Zhikun Holdings 68.41%.

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After the 2019 annual report, Xie Zhikun disappeared from the list of major shareholders of Cornwall Medical. While Lao Henghe Brewing 2020 China News revealed that Xie Zhikun still holds 12.55% of the shares.

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6. WH Group Limited and his son fought infighting and blasted their father for "tax evasion"

Since the beginning of this year, the "Palace fight" drama of WH Group Limited, a listed company in Hong Kong, has been staged one after another, banging his head against the glass, being knocked down by bodyguards with blood all over his head, the president was ousted, the youngest son ascended, and the family retreated behind the scenes. When everyone thought that the palace fight drama was over, an article by Wan Hongjian once again pushed the palace fight drama to the best part, related party transactions, transfer of domestic assets, tax evasion and secretary cohabitation for more than 20 years.

The thing is, in June, WH Group Limited, a leading pork food company, issued a recall notice: the 52-year-old Wan Hongjian, who is seen as his successor, has become an "abandoned crown prince".

In July, Wan Hongjian revealed the details of his dismissal: because of the conflict between the CEO candidate and his father, he hit the glass wall cabinet with his head and was knocked down by bodyguards covered with blood.

In August, WH Group Limited announced that Bandung had resigned as chief executive. However, the successor is still not the eldest son Wan Hongjian, but the executive director Guo Lijun.

Meanwhile, Wan Hongwei, Bandung's youngest son and Wan Hongwei, son of Bandung, has been appointed as executive director and Deputy Chairman of the Board with effect from August 12, 2021.

On August 12, Wan Hongjian said: "first of all, I would like to congratulate my brother. I will also send him a blessing message and remind him of three points for attention in this position in the future: do not speak!" Not talking! Not talking! "

After being ousted, Wan Hongjian blasted his father for seven deadly sins. WH Group Limited was just a tool to set up money. Bandung put all the rewards in his own pocket, transfer of benefits, tax evasion of US $200 million, and so on.

At noon on August 23, WH Group Limited issued another announcement to clarify the previous allegations of "turning public into private" and "tax evasion" accused by Wan Hongjian, son of Bandung.

7. Xiaomi official announced that the car was built and was officially mass produced in the first half of 2024.

Since the beginning of this year, new energy vehicles are very popular, and "building cars" has also become a hot word. The news about whether XIAOMI Group is building cars has been flooding the market.

On February 20th, according to the news of "later LatePost", XIAOMI has decided to build a car and regards it as a strategic decision, but the specific form and path have not yet been determined, and there may still be variables. A person familiar with the matter said that XIAOMI's car may be led by Lei Jun, founder of XIAOMI Group.

XIAOMI Group announced on the evening of February 21st that it has been paying close attention to the ecological development of electric vehicles, and the research on the manufacturing business of electric vehicles has not yet reached the stage of formal establishment.

On March 27th, Sina Science and Technology learned that XIAOMI is certain to build a car, and XIAOMI is now looking for cooperative resources in the supply chain.

XIAOMI plans to invest about 100 billion yuan ($15 billion) in electric cars over the next three years, launching the biggest reform in history and entering the booming Chinese electric vehicle market, it was reported on the morning of March 30th.

XIAOMI issued a notice after the session that the board of directors of the company formally approved the establishment of the intelligent electric vehicle business. The company plans to set up a wholly-owned subsidiary to be responsible for the intelligent electric vehicle business. The initial investment is 10 billion yuan, with an estimated investment of 10 billion US dollars in the next 10 years. Mr. Lei Jun, Chief Executive Officer of the Group, will also serve as the Chief Executive Officer of the smart electric vehicle business.

At this point, the news of XIAOMI's car-building was officially finalized. On October 19th, Lei Jun, chairman of XIAOMI Group, announced on Investor Day that XIAOMI's car construction and team work have far exceeded his expectations, and XIAOMI is expected to be in mass production in the first half of 2024. XIAOMI Automobile has been registered in Beijing on September 1, and the first factory will be located in Yizhuang, Beijing, Lei Jun said. So far, he has received 20, 000 resumes and 453 people on the R & D team.

It is worth noting that Xu Jieyun, deputy director of the General Office of XIAOMI Group, clarified the car-building rumors twice and said again on December 15, 2020, "just grasp one principle: anyone who says XIAOMI wants to build a car is false news." "

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8. the legend of a generation of "national brands" ended, Huiyuan juice was delisted from the Hong Kong Stock Exchange.

On the evening of 13 January, Huiyuan Juice (01886.HK) announced that the listing Review Committee of the Stock Exchange had held a review hearing on 9 December 2020 to review the delisting decision. On January 5, 2021, the listing Review Committee informed the company that it had decided to maintain the delisting decision.

The Board of Directors expressed "disappointment and disagreement" with the decision of the listing Review Committee, and the Board of Directors of the Company considered that the Company had tried its best and used all available resources to try to meet the resumption conditions.

Huiyuan Juice was listed on the Hong Kong main board on July 23, 2007 at an issue price of HK $6 per share and raised HK $2.4 billion. In 2008, Coca-Cola Company offered almost twice the market capitalization of Huiyuan and planned to buy Huiyuan Juice. However, the acquisition failed to pass the antitrust review of the Ministry of Commerce and ran aground.

After the failure of the acquisition, Huiyuan began to decline. In April 2018, without the approval of Huiyuan's board of directors, Huiyuan granted a loan of 4.275 billion yuan to its subsidiary, Beijing Huiyuan Beverage Group, without signing any agreement or disclosing it. As Beijing Huiyuan Juice is not a listed company, Huiyuan Juice violated Hong Kong Exchanges and Clearing's listing rules, causing the stock market to be suspended.

In May 2019, when a series of crises followed, Zhu Xinli was listed by the court as the executor of bad faith. On December 11, 2019, China Deyuan Capital (Hong Kong) Co., Ltd., where Zhu Xinli served as an authorized agent, was seized by the court and 4.1 billion yuan in assets were frozen, which put Huiyuan Juice Group in jail.

From 2011 to 2016, Huiyuan juice's annual deduction of non-net profit is negative. At the same time, Huiyuan juice's debt ratio is also rising. By the end of 2017, the total debt has reached 11.4 billion yuan, and the asset-liability ratio is as high as 51.8%.

In February 2020, Huiyuan ushered in the biggest personnel change in history, when founder Zhu Xinli and his daughter resigned from the board of directors of the listed company. Zhu Shengqin, daughter of Zhu Xinli, has resigned as executive director with effect from February 12, 2020. The withdrawal of Zhu Xinli and his daughter from the board has been interpreted as Huiyuan's move to pave the way for the introduction of new capital, but so far, there has been no capital to throw an olive branch to it.

9. Education giants have transformed one after another, Yu Minhong live broadcast with goods

Overnight on July 23, New Oriental Education & Technology Group, TAL Education Group and Gaotu Techedu Inc. collectively plummeted by more than 50%, while TAL Education Group fell by 70%. The market value of the three lost 108.9 billion yuan overnight.

In about half a year, TAL Education Group and Gaotu Techedu Inc. fell more than 90% from their highs at the beginning of the year, and New Oriental Education & Technology Group fell more than 80% from their highs at the beginning of the year. Compared with their respective share price highs at the beginning of the year, the market capitalization of the three companies has lost more than 900 billion.

On the eve of thunder in the education giant, Guoxin Hong Kong suggested buying New Oriental Education & Technology Group online at the current price on the afternoon of the 23rd, believing that the company was a leader in the industry and that the risk had been fully released. CICC lowered the target price of relevant education stocks, accurately calling on investors to avoid risks. CITIC published a research report, suggesting that training institutions should be transformed as soon as possible.

After the formal landing of the "double reduction" policy, the major educational institutions have accelerated the pace of transformation. In terms of quality education, University Education launched the programming education system of "product + content + platform"; Yuanfudao launched the new brand of scientific enlightenment education "pumpkin science", ape programming, zebra and so on; and Doushen education turned to non-disciplinary training. In terms of adult education, VIPKID, a brand of online English education for young children, announced a few days ago that its "VIPKID Adult course", "Bilingual non-heritage Cultural Literacy course", "Oral Chinese Education course" and "Teaching courses at Home and abroad" are in the final stage of internal testing and will be launched soon.

As a leader in education stocks, New Oriental Education & Technology Group's transformation has also attracted a great deal of attention in the market. on August 12, the news of "New Oriental Education & Technology Group's transformation training parents" spread on the Internet and quickly went viral. Yu Minhong clarified that New Oriental Education & Technology Group has never and never intends to provide so-called subject training to parents. New Oriental Education & Technology Group has been engaged in family education for more than ten years, benefiting tens of millions of parents and giving thousands of family education lectures, basically for the public good.

New Oriental Education & Technology Group Education Technology Co., Ltd. (hereinafter referred to as "New Oriental Education & Technology Group") set up a technology company on October 22, which includes network culture management. While Yuanfudao began to lay out the down jacket market, University Education tried to cross-border catering industry, education giants have begun to adjust their business and transformation.

New Oriental Education & Technology Group plans to set up a large agricultural platform in the future, which will help the sales of agricultural products through live streaming, Yu Minhong said on November 8. Yu Minhong also said that he will appear irregularly on the live broadcast platform selected by the East. Yu Minhong landed on Douyin with live delivery platform Oriental selection on December 28th. The whole live broadcast went smoothly, with the number of people online peaking at 33000, the total number of likes reaching 3.2 million, the number of fans in a single game rising by 45000, and sales estimated at about 5 million yuan.

10. Blocked by the United States, Shangtang Technology successfully went public after delaying IPO.

On the morning of December 20, Shangtang Technology announced on the Hong Kong Stock Exchange that the company had resumed its public offering, with the same size and pricing range as before. A total of 1.5 billion shares were issued, with shares ranging from HK $3.85 to HK $3.99 each, raising about HK $6 billion, and the company listed on December 30.

When Shangtang's Hong Kong shares were listed on December 30th, the company's share price soared 23% at one point, with a market capitalization of as much as HK $150 billion. According to the prospectus, Shangtang Technology is a leading artificial intelligence software company that empowers all industries and ranks first in Asia in revenue in 2020, according to the Sullivan report. Company star capital Yunji Inc, including Softbank Corp., Chunhua Capital, Silver Lake Capital, IDG, China transfer Fund, Shanghai International Group, race collar and CDH, etc.

On December 10, Shangtang Technology, which is in Hong Kong stock IPO, suffered a sudden change, and the US Department of Commerce added it to the "list of non-SDN Chinese military-industrial complex enterprises", meaning that US investors will not be able to participate in its open market stocks and derivatives trading.

In response, Shangtang Technology expressed strong opposition to the decision, saying that the decision and related allegations were groundless, saying that scientific and technological development should not be affected by geopolitics, and that Shangtang would do its utmost to protect the rights and interests of the company and relevant stakeholders.

On December 13, Shangtang Technology announced on the Hong Kong Stock Exchange that the global offering and listing will be delayed, and the company is still committed to completing the global offering and listing as soon as possible. According to previous arrangements, Shangtang Technology plans to announce the final offering price, placement results and other information on December 16, and officially list trading in Hong Kong stocks on December 17.

According to Shangtang Technology's updated prospectus, due to the changing and developing nature of the relevant US regulations, the company has requested that US investors be excluded from subscribing for global offering shares (including Hong Kong public offering offer shares). In addition, the designation of SenseTime Group Co., Ltd. as CMIC may have a negative impact on the interests of overall investors in Class B shares, thereby adversely affecting the liquidity and market price of Class B shares.

Previously, the company introduced nine cornerstone investors, namely, the mixed ownership Reform Fund initiated by China Chengtong, Guosheng overseas Hong Kong, Shanghai artificial Intelligence Industry Equity Investment Fund, SAIC Hong Kong, Guangfa Fund, Pleiad Fund, WT, Focustar and Hel Ved.

This time, the company's cornerstone investors have changed, including the mixed ownership Reform Fund initiated by China Chengtong, Guosheng overseas Hong Kong, Shanghai artificial Intelligence Industry Equity Investment Fund, SAIC Hong Kong unchanged, the new introduction of Shanghai Xuhui Capital, Guotai Junan Securities Investment, Hong Kong Science and Technology Park Venture Fund, Sima Ophthalmology, Taizhou Culture Travel.

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Edit / lydia

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