Compatriots from Hong Kong and Macao praised the 70-year development of new China： five-star red flag, proud of you, proud of you.
On September 7th, Guangdong-Hong Kong-Macao Greater Bay Area workers celebrated the 70th anniversary of the founding of People’s Republic of China (PRC) and the 20th anniversary of the establishment of the Macao Special Administrative Region. The performance was jointly sponsored by Guangdong Federation of Trade Unions, Hong Kong Federation of Trade Unions and Macau Federation of Trade Unions. The picture shows the audience waving a five-star red flag and singing My People，My Country. China News Service reporter Chen Yushe
When Chen Zhuoxi, the principal of Hong Kong Professional Continuing Education School, was young, there were not many opportunities to see the five-star red flag. As a primary school student, he made a small five-star red flag with a small wooden stick and raised it at home in Hong Kong. "I was born in a family that loves China and Hong Kong, and I was greatly influenced by my parents." Chen Zhuoxi told reporters.
My parents left a commemorative medallion for the founding of New China, which Chen Zhuoxi keeps to this day. "At that time, my parents were still young people. They bought this medal specially, so I can imagine the happy mood at that time." Since Hong Kong returned to the motherland in 1997, the five-star red flag has been flying in the wind on Hong Kong Island.
In 1999, Cui Shiping, chairman of the Macao Chinese Cultural Exchange Association, who was studying in Tsinghua University, took the urban planning and development of Macao as the topic of his doctoral thesis, and the relevant suggestions were adopted by the Macao SAR government. "Before the reunification, Macao’s economic development and public security situation were not ideal. After the reunification, Macao residents participated in the construction with the attitude of being masters and devoted themselves to development. " He told reporters.
The 70 years of New China are 70 years of rapid development, and 70 years of joint efforts by compatriots from Hong Kong and Macao and the motherland.
Feel the great changes personally
Chen Zhuoxi’s hometown is in Nanhai, Guangdong Province. When he was young, he went to the mainland for an exchange visit. Sitting on the train from Shenzhen to Guangzhou, he saw picturesque mountains and rivers outside the window, and the construction of the motherland advanced by leaps and bounds more than a few years ago. The car broadcast is playing "Singing the Motherland", and the bright melody falls on Chen Zhuoxi’s heart. "There is a very kind feeling of going home."
"Hong Kong people have counted up to three generations, and many of them have come from the mainland." Chen Yong, vice chairman of the Hong Kong Democratic Alliance for Betterment of Hong Kong (DAB), told the reporter that his father was a returned overseas Chinese, his mother was a native of Henan Province, and he was born in the Mainland. When growing up, Chen Yong, who went back to the mainland to visit relatives with his family many times, witnessed the rapid changes in the motherland. "Every time I go back, I will find that the impression of my hometown and childhood has changed a lot, and infrastructure construction has mushroomed. Many aspects of development were unimaginable before." Chen Yong said.
Yu Guochun, the chairman of Hong Kong Yuhua Domestic Department Store Co., Ltd., was born in 1951 and is known as the "king of domestic products". Sixty years ago, his father was invited to Beijing to participate in the 10th anniversary of the National Day. It was in that year that his father founded Yuhua Chinese products, which means "rich China". Yu Guochun told reporters that his father hopes to sell China’s high-quality products overseas through Hong Kong, and at the same time, open up the country’s foreign trade channels and increase foreign exchange income. "When Yuhua first opened in 1959, it only sold a few hundred kinds of goods. Today, we have sold hundreds of thousands of high-quality domestic products. " Yu Guochun said, "Our domestic products have benefited from the development of the motherland, especially the reform and opening up and the return of Hong Kong. I am honored to be a witness and participant and personally feel the great changes. "
Liang Weite, Financial Secretary of the Macao SAR Government, told reporters that Macao’s development achievements today also benefited from the country’s reform and opening up, especially after Macao’s return to the motherland, under the advantage of "one country, two systems", with the strong support of the state and the concerted efforts of all walks of life in Macao, Macao has undergone earth-shaking changes.
Better integrate into the mainland
In 1996, Hong Kong businessman Feng Guoyou shifted his career focus to the mainland. At that time, Hong Kong had not yet returned to China, and some Hong Kong businessmen lacked confidence in developing their businesses in the Mainland. Feng Guoyou hopes to tell Hong Kong compatriots the real situation in the Mainland through personal experience and attract more Hong Kong businessmen to develop in the Mainland.
With the return of Hong Kong to the embrace of the motherland, more and more Hong Kong people go to the Mainland to show their talents. Feng Guoyou, a veteran "North drifter", established the Hong Kong Professionals (Beijing) Association in 2011 to help Hong Kong people better integrate into the Mainland. At the beginning, there were only 30 or 50 small teams, but now there are 1300 members, covering many industries and highlighting the characteristics of youth, innovation and technology.
Borong Wang, chairman of the Youth Affairs Committee of the Association, said: "In recent years, the state has launched many measures to help Hong Kong people integrate into the overall development. For example, it is very positive to cancel the employment permit of Taiwan, Hong Kong and Macao personnel in the Mainland and implement the residence permit system for Hong Kong, Macao and Taiwan residents. "
Chen Zhuoxi said that about a quarter of the students in Hong Kong professional continuing education schools go to the Mainland for exchanges and internships every year. "Many students go to the mainland, not only to visit schools, enterprises or scenic spots, but also to visit mainland students’ homes and take the initiative to invite mainland students to Hong Kong. This two-way communication has enabled students to build deep feelings, and Hong Kong students have a deeper and more comprehensive understanding of the Mainland. "
Chen Zhuoxi said that today, with the increasingly close ties between Hong Kong and the Mainland, I hope that young people in Hong Kong will conform to the trend of the times and take the initiative to integrate into the overall situation of national development.
In Chen Yong’s view, since the 18th CPC National Congress, the Belt and Road Initiative and the construction of Guangdong-Hong Kong-Macao Greater Bay Area have created precious opportunities for Hong Kong to take off again, and Hong Kong should seize the opportunity to accelerate its development. "I hope that the country will introduce more development achievements in all aspects to Hong Kong, so that Hong Kong can better integrate into national development and continue to maintain prosperity."
Highlight institutional advantages
Chen Yong said that after Hong Kong’s return to the motherland, it shared the huge dividends of national development, which included the benefits of "one country" and the convenience of "two systems". Backed by the motherland, Hong Kong can play the role of a "super contact" through the Belt and Road Initiative and the construction of Greater Bay Area, and hopes to become a "super partner" and a "super participant".
Yu Guochun said that the state recently announced its support for Shenzhen’s construction of the Socialism with Chinese characteristics Pilot Demonstration Zone, which is of great benefit to Hong Kong, and is conducive to further promoting the construction of Guangdong-Hong Kong-Macao Greater Bay Area and promoting Hong Kong’s long-term development and prosperity and stability.
This year marks the 20th anniversary of Macao’s return to the motherland, and it is also the year when the Outline of Guangdong-Hong Kong-Macao Greater Bay Area Development Plan was promulgated. Liang Weite said that the country has now given Macao a clear positioning: a world tourism and leisure center and a service platform for business cooperation between China and Portuguese-speaking countries. This is also an important entry point for Macao to serve the country and give full play to its own strengths. The construction of Guangdong-Hong Kong-Macao Greater Bay Area is an important historical opportunity to promote the moderate and diversified development of Macao’s economy.
Xiao Zhiwei, president of the Macao Development Strategy Research Center, told reporters that Guangdong-Hong Kong-Macao Greater Bay Area has been written into the government work report for three consecutive years, reflecting that Greater Bay Area has been highly valued and concerned at the national level. "Greater Bay Area construction can promote ‘ One country, two systems ’ New practice has formed a new pattern of comprehensive opening up. " Xiao Zhiwei is full of expectation and confidence for the future development of Macao in the new era.
Cui Shiping believes that before the reunification, Macao actively cultivated people’s patriotic feelings and accumulated economic and social foundations. After the reunification, the strong vitality of "one country, two systems" has been demonstrated by meeting the needs of the country and giving full play to Macao’s strengths. He said that since the founding of New China 70 years ago, earth-shaking changes have taken place, and Macao people have become more and more patriotic and United. "Home and everything. If the country is good, Macao will be better. "
As one of the few automobile group companies in China that have not yet landed in the capital market, Chery’s listing process can be described as twists and turns. Then, can this spin-off listing become a key leap for Chery to realize its dream of listing?
Chery automobile has been preparing for the IPO for nearly 20 years since the listing plan was first announced in 2004. At that time, Anhui Province actively promoted the listing of Chery and implemented the share reform. However, despite its outstanding performance, Chery’s initial listing attempt finally failed due to factors such as unclear equity relationship with SAIC.
Since then, Chery has repeatedly suffered setbacks on the road to listing. In 2015, Chery Huiyin, its joint venture company, failed to hit Hong Kong stocks and A shares. In 2016, Chery New Energy tried to achieve "backdoor listing" through conch profiles, but it also failed to do so. As an old-fashioned independent brand car company, Chery’s repeated failures are undoubtedly regrettable. However, Chery has not given up, but has been actively preparing for listing.
The main purpose of enterprise listing is financing. Chery’s capital demand has always been well known to the industry. Yin Tongyue once admitted that Chery’s early capital investment was limited, and it has not been listed, and it has not issued bonds in the capital market in recent years. Therefore, in the process of rapid development, Chery’s capital demand mainly depends on bank financing. Landing in the capital market will not only help Chery to establish a long-term capital replenishment channel, but also activate its equity incentive mechanism. From the initial listing plan in 2004 to the completion of the capital increase and share expansion project in 2019, Chery’s listing road has been tried many times, but it failed for various reasons. Now, with the news of the spin-off and listing of the automobile business, Chery has once again taken a solid step towards the capital market.
Under the background of global supply chain bottleneck, rising raw material prices and increasingly fierce market competition, the profitability of auto companies is facing severe challenges, and investors are becoming more cautious about the valuation expectations of auto companies. At the same time, the competition in the new energy automobile industry is becoming more and more fierce, which makes investors conservative about the future growth potential of Chery Automobile. In addition, the overall poor performance of the Hong Kong stock market, especially the fluctuations in technology stocks and new energy vehicles, also affected Chery’s valuation.
In order to have a deeper understanding of the prospect of Chery’s spin-off and listing, "Auto Talk" interviewed a number of industry experts and analysts. They generally believe that the spin-off and listing will help Chery to focus more on the main automobile industry and improve its operational efficiency and market competitiveness. Through listing, Chery can more clearly define the strategic objectives and market positioning of the automobile business, and optimize the resource allocation and management system.
According to Yin Tongyue, chairman of Chery Holding Group Co., Ltd., Chery will be split and listed in the future, and will be laid out in many fields such as new energy, artificial intelligence, mobile travel service and core components. Through the spin-off, Chery can build a multi-sector listed company cluster, realize the diversification and coordinated development of its business, and thus enhance its overall competitiveness and anti-risk ability.