Hong Kong stock market crash of 1973

1973 stock market crash in Hong Kong is the Hong Kong stock market crash after the first universal, is the largest in the history of Hong Kong stock market crash, the Hang Seng Index tumbled more than Jiucheng within one year, tens of thousands of people so bankrupt
.

1969 a number of stock exchange was established by Mr. Li Fuzhao Chinese brokers who led a secret preparations for the Chinese stock market, the Far East Exchange (The Far East Exchange Limited), and in March 12
17 opening, which began the general public to participate in securities and stock trading, the Hang Seng Index was December 29 that year hit a new high of 160.05, followed by the stock market rising, 1971
record on September 20 a new high of 406.32, 1.5-fold increase in less than two years.
then two to the Chinese as the main target of the exchange has set up, March 15, 1971 by the then Chairman ESSAYS Gold and Silver Exchange of initiatives such as gold and silver exchange (The
Kam Ngan Stock Exchange Limited) opened January 5, 1972 by the Chan Po Fun Peter, who founded the Kowloon Stock Exchange (The Kowloon Stock Exchange
Limited) was established January 20,asics cooper, 1970 leaders from the New Territories, founded by Chen Asian stock exchanges in Nisshin incorporated in Hong Kong, and plans to February 18, 1973 officially opened. In order to prevent further stock exchange was established
,Police sunglasses, the Government announced the by the increase. Thus the coexistence of the four formation, and maintain 1986 until the merger of four. Securities and stock market can be seen year
hot market development.

1.6 times that of existing blue chip
between the various real estate companies listed, it is worth mentioning that the Fab Five will be Chinese-owned real estate Cheung Kong Holdings, Sun Hung Kai Properties, Hang Lung Properties, Hopewell Holdings, DCH property. Among the
Cheung Kong and Sun Hung Kai Properties the most ambitious, the former British position was challenged several times, which go beyond set to become the largest real estate companies in Hong Kong.
1972 年 10 月 30 days and occurred Hong Kong has the largest takeover battle: British Land and Dairy Farm in jazz and Chinese President Xi-owned real estate company
Chinachem Secretary Teddy compete control of the milk, the so-called
Shangwang have passed by the House foreign interest groups use the public lack of knowledge on the stock market, financial skills to create speculation in the market, the so-called And because the company was listed
inadequate supervision of a large number of shell companies listed fish in troubled waters,Sinful bikini women, the most typical example is the


into the 1973 stock market crash, the market continued to crazy opinions on 9 March 1774.96, within three months and then increased by 1.1 times, the market, such as , When price adjustment is set to six ex one-time, coupled with market share of counterfeit Hopewell, fearing to become waste paper holdings caused panic in the market. April 4 tax
Bureau suddenly in leading newspapers,
into the Middle East oil crisis in 1974, Hong Kong, the implementation of blackouts, and firms in mind affected by the stock market crash, September 1975, Hutchison International hold a shareholder meeting for the Board to require a shareholder
to remove the company's financial shares crisis, but was represented by HSBC rejected by shareholders, and creditors through legal means is being wound up. In the case of no choice,timberland boots online, the directors
Board was forced to accept the recommendations of HSBC Bank, HSBC Bank by the injection of 1.5 billion dollar acquisition and 33.65% controlling stake of Hutchison International, HSBC Bank became the largest shareholder of Hutchison International, the Medical
students
Hang Seng index fell to 10 December, 1974 150.11, down 91.54 percent Dada, is only the level of 1969, and a high of 1774.96 in 1810 will have to be only slightly in 1981 to break the
, and later dropped back under it, to wait until the merger in 1986 and the introduction of four-Hang Seng Index futures and foreign brokerage firms before the introduction of a formal stand on it.