Hong Kong's stock market

Stock system, originated in 1600, the British East India Company (British East India Co.). At that time, it is the cause of the operation of navigation, each time before the sea, to the people to raise funds, ending voyage will be funded as well as his own profit the voyage back to donors. Starting in 1613, the company changed to four flights, only to send a profit, this is the "shareholders" and "dividend" of the predecessor. 



London 7000 kinds of stock 

Hong Kong Stock Exchange has been set up in 1891. Hong Kong Stock Exchange in 1962 when the possession of 65 kinds of shares, warrants, together with the 1993, has been more than 500 kinds of securities. Compared to other countries but still many times less, for example: there are 1200 kinds of Korean stocks, there are 7000 kinds of London, 2300 kinds of New York, Tokyo 1800 kinds, there are 1600 kinds of Toronto. 

Mainland China companies listed in Hong Kong to apply for, and has formed a trend, first in July 1993 to Hong Kong-listed Chinese companies. Rapid growth of the Hong Kong Stock Exchange. Volume will be doubled. 

By the end of May 1992, the Hong Kong Securities Clearing Company Limited storage of 236 billion yuan of stock market value. By the Hong Kong stock market shares of domestic enterprises in China, the Hong Kong stock market will grow very rapidly, there will be more attractive to overseas investors. Hong Kong stock market may soon become a world-class stock market. To July 1993 total assets of listed companies, Hong Kong stock market is one of the world's top ten stocks. 




Financial center 

Every country, there is a financial center. In New York, United States, United Kingdom to have a London, Tokyo, Japan have a China to Hong Kong in 1997. As long as Hong Kong and the central government to maintain a constructive and good relations after the handover of sovereignty, Hong Kong's international competitiveness will be stronger and more prosperous. Hong Kong's GDP growth rate is greater than the amount of the rate of population growth is to raise the stock price of economic factors. 

In 1993, the Hong Kong listed companies have to the development of the Chinese mainland. Industrial stocks listed in Hong Kong, almost all of them set up factories in mainland China. Other types of companies, including: HSBC, Lai Sun, Hopewell, New World, Sun Hung Kai Properties, beam in Asia, Star, etc.. In mainland China have a large project. 

Hong Kong is a capitalist society, the vast majority of economic activity is to be completed by the listed companies. These economic activities of listed companies, a direct impact on Hong Kong's economy. 

Hong Kong has always been Hong Kong's re-exports of Chinese goods, China has 1.2 billion population, China's rapid economic growth, is obvious to all. To promote Hong Kong's trade her. Such strong backing, other than a few of the financial city. Therefore, Hong Kong is going to go beyond New York, Tokyo and London, will become the world's richest city. 

Hong Kong people have savings, investments should be to learn the knowledge, take this opportunity to your environment. 



Thinking 

1. Stock Exchange What is success? 

2. Why has Hong Kong become the world's richest city?