The Li Ka -shing family was also dragged down ...

As the third largest currency in the world after the US dollar and euro, the plunge of the pound has caused shock in the global financial market. According to Hong Kong media reports, the depreciation crisis of the pound has dragged down the Li Jiacheng family listed company in the British market. On the 26th, Changhe Hong Kong stocks dived collectively, and Changshi Group closed 8.63%, long and 5.83%. On the 27th, the relevant stocks were slightly recovered.

Public data shows that in recent years, the proportion of revenue from the British Group has continued to increase. By the middle of this year, it has increased to 41.9%, the amount reached 15 billion Hong Kong dollars; Mainly from the United Kingdom and Australia.

Many analysts predict that in the future, the British pound will "fall into the US dollar." Nomura Securities predicts that the British pound will reach a parity by the end of November, and then continue to fall. The latest forecast target price is 0.975. Morgan Stanley strategist also revised the target value forecast of the pound, setting the target at the end of the year to $ 1. The report released by it believes that the tightening monetary policy directly or indirectly triggers concerns about British economic growth and fiscal sustainability, and the pound is unlikely to strengthen.

Liang Haiming predicts that with the deterioration of the British economic environment, the British government will become more and more difficult for deficit financing. The pound may fall to a lower level. In the next few months, it will hover at the level of 1.05 to 1.1. If the situation worsens, it will even fall to parity with the US dollar.

Global Times Special Journalist Ji Shuangcheng Global Times reporter Zhao Jueyi

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