Hong Kong Stubborn - Chapter 136

Whether it’s a place of death and resurrection, or whether it’s the turn of the day, the international financial giants have begun to move from Southeast Asia to Taiwan and Hong Kong. The wind direction is about to change, and the general trend will reverse at any time.

Of course, Luo Junyan must not be aware of it. He is now studying how to defeat the psychological defense of retail investors who hold shares in the “South China Daily”. In the financial market, he needs an opportunity to launch the most violent continuous selling.

This opportunity appeared on October 17, when Taiwan announced its abandonment of the New Taiwan dollar exchange rate, and the pressure on the Hong Kong dollar and Hong Kong stocks increased sharply.

During the two days after the market was closed on the following weekend, Luo Junyan announced to the public that, as he learned more about Nanhua Daily’s technology network business, he personally had a rather pessimistic outlook on the development of Nanhua Daily.

At the same time, Luo Junyan admitted that this strategic investment was quite a failure, and decided to resign from all positions in Snow Country Entertainment Investment Company. He didn’t have any positions at all, so he could only be left alone. But he also announced the company’s decision to liquidate his holdings of the “South China Daily” shares on Monday, willing to bear huge losses, even personal bankruptcy.

One stone caused a thousand waves. Luo Junyan was a well-known person in Hong Kong anyway. There are few people who care about whether to sell stocks, but personal bankruptcy is definitely big news. In just two days, the streets and alleys of the Xiangjiang River were talking about the upcoming bankruptcy of a generation of movie actor and entertainment tycoon Luo Junyan.

After the market opened on Monday, October 20, the South China Daily frequently sold a lot of sales. This time Luo Junyan no longer hit the market with a large order, but replaced it with a small order of varying numbers and continued to sell, creating the illusion that retail investors fled early.

On this day, the international financial giants began to attack Xiangjiang, frantically selling the Hong Kong dollar short, and the Hong Kong dollar exchange rate plummeted. The defense line of the “South China Daily” finally collapsed completely under the influence of the pessimism of the entire market, and Luo Zhaohui instead played the role of the vanguard.

Luo Junyan spent another two days, consuming the funds of the Guo family to support the plate. On October 23, Luo Junyan finally issued an order and began a concentrated and large-scale sell-off.

There were countless large orders sold out in a single time, and the stock price of South China Daily plummeted, and even a short rebound was not seen, and no one dared to take orders at all. The entire Hong Kong stock market is also turbulent, and the constituent stocks of the Hang Seng Index have repeatedly lost support due to the decline of the “South China Daily”.

On October 23, the Hang Seng Index closed down 1211 points. Among the constituent stocks of the Hang Seng Index, “South China Daily” played a leading role and had a huge psychological impact on retail investors.

If Luo Junyan continues to repeatedly buy and sell stocks to hit the market, the “South China Daily” will become a penny stock, and the price he will pay will be a loss of nearly 1 billion Hong Kong dollars. Of course, the short-selling of the Hang Seng Index futures made him a profit, and he made a profit of more than 1.2 billion Hong Kong dollars in one day.

The media grabbed readers’ attention, and the flashes were aimed at him, the upstart who stirred up the Xiangjiang stock market. On the one hand, it was a private dig by a media reporter. On the other hand, Luo Junyan secretly revealed that the loss of the “South China Daily” was doubled and exaggerated, and the total number of shares that Luo Junyan was still rotten in his hands was also exposed.

This hot potato is still a hot topic of discussion among the citizens of Xiangjiang. As long as the heat remains and as long as Luo Junyan is not cleared, retail investors will maintain a wait-and-see mentality. What’s even more annoying is that Luo Junyan deliberately put on a beggar’s depressive makeup over the weekend, and he did not shy away from the media.

Sitting in a sluggish pile beside the trash can in the alley, the picture of the wine bottle in his hand quickly appeared on the front page of newspapers and magazines. When it comes to trading in the financial market, he is not shit. When it comes to acting skills, he is absolutely top-notch. A still shows the state of grief, unwillingness, desperation, and half-death to the fullest.

Major shareholders are like grandma, which is definitely a short-term bad news for the “South China Daily”.

On October 25th, Hong Kong stocks won a short respite from the weekend.

Luo Junyan unexpectedly received an invitation, inviting the couple to attend a charity dinner. And this Hong Kong sister Chu Lingling, who issued the invitation card in 77 years, is the daughter-in-law of a rich family named Huo, and Luo Junyan and his wife have never dealt with her.

After all, considered seniors in the entertainment industry, Luo Junyan and his wife still accepted the invitation. Anyway, charitable donations would definitely not be able to find him. Now no one in Xiangjiang knows that Luo Junyan has lost money in investing in stocks. Who is ashamed to open his mouth to ask for money, Luo Junyan dared to perform another impetuous performance on the spot with a cheeky cry.

At the charity party, Luo Junyan knew that it was not Zhu Lingling who had invited him this time, but her elders in Huo’s family.

The well-known rich man in Hong Kong, Mr. Huo, investigated Luo Junyan’s situation very clearly, including his industries in the United States and South Korea. Only the Snow Giant Asset Management Co., Ltd., registered in the U.S. Virgin Islands, has not been able to find out the details, but it is estimated that it will not be concealed for long. After all, the power that others can use is beyond the scope of the business community.

Elder Huo had a separate interview with Luo Junyan, his tone was still quite easy-going, and he never meant to overwhelm others with his force.

He came to find Luo Junyan to mediate on behalf of the Guo family. Based on the unpleasant things in the past, the Guo family will apologize to Luo Junyan face to face and promise that they will never infringe on Luo Junyan’s interests in the future. The Guo family hoped that Luo Junyan would transfer the shares of “South China Daily” held at the agreed price, and the two sides would turn their conflicts into jade.

Mr. Huo meant that the current situation in the financial market in Xiangjiang is severe, and he hopes that Luo Junyan will not help him, but instead focus on the overall situation and the well-being of the citizens of Xiangjiang. He also mentioned the significance of the Guo family in Southeast Asia in a vague way. Luo Junyan probably understood the meaning. The Guo family’s support attitude is currently needed in China.

In fact, it is not that the Guo family is afraid of Luo Junyan, but that the foundation of the Guo family in Southeast Asia is being severely impacted. If Luo Junyan stalked desperately, it would involve a lot of energy and financial resources. After all, this guy still has a lot of property to mortgage and lend a huge amount of money.

Moreover, Luo Junyan is a well-known star in Hong Kong. If he is determined to plan out-of-the-ordinary hype incidents, he might bring even greater panic to the entire market. This is something that the ruling class of Xiangjiang does not want to see, and it is also not allowed by the current national conditions.

If Mr. Huo hadn’t come forward to talk about the project, Luo Junyan had already made a plan to fully target Guo’s listed companies, not only in Xiangjiang, but to go deep into the Guo’s nest in Southeast Asia.

As long as he doesn’t care about the loss, the Guo family is in trouble. Luo Junyan will buy stocks in Guo’s listed companies and then suppress prices, or force you to buy back stocks at a high price.

The local stock market regulators have requirements for the proportion of single tradable shares held. Unless the Guo family privatizes the listed company, they will not think about peace in the future. Luo Junyan confessed his compensation, and didn’t care about his reputation. As long as he stirred up the wind and rain in the front, there would be other bigger forces following Guo’s industry.

Luo Junyan had heard of Mr. Huo’s background, and believed that his mediation was not out of selfish intentions. But just give up so willingly? Regardless of Luo Jun’s reluctance, he must be willing, because if he refuses, the Guo family will not be fighting in the future.

Elder Huo also passed on from generation to generation, what is the overall situation? The Guo family’s agricultural product industry in Southeast Asia is the overall situation. Arowana’s oil has not yet been in the hands of COFCO. This is a matter of people’s livelihood. Luo Junyan is a patriotic overseas Chinese, and he has donated a lot of money to the country free of charge, otherwise there would be no such talk at all.

Luo Junyan no longer entangled past grievances, as long as the negotiations reached a certain level, they would not care about the reasons. He promised to transfer all the shares he held at the closing price on Monday, and there is no need for the Guo family to apologize, but he has one condition, and he hopes Mr. Huo can help him solve the hidden dangers of the political and business celebrities in Xiangjiang.

Elder Huo obviously understood the things in this stall clearly, and he casually agreed to Luo Junyan that the videotape matter had never happened, and Luo Junyan could rest assured from now on.

As for how Elder Huo went to solve it, Luo Junyan would not ask. These top old-school rich men in Xiangjiang have a good point. They don’t open their mouths like Luo Junyan. They care about their own reputation, and most of the things they promised will be done.

After Luo Junyan and sister army left the dinner, he felt that most of the grievances in his heart dissipated.

That night, Luo Junyan told his wife that the hidden dangers in Xiangjiang had been eliminated. The two people had a happy cloud and rain. He completely resolved the unwilling grievances, and the little grudges between the husband and wife disappeared.

At the same time, this time after the disaster, Luo Junyan made up his mind that he would never go to the financial market to gamble again. And Luo Junyan handed over the investment power to sister army, but finally mentioned Apple Computer in the United States, because he felt that this ghost company was too profitable.

Of course this is just Luo Junyan’s personal feelings. At the end of 1996, Jobs returned to Apple Computer. The company is still sitting on the verge of bankruptcy. The stock price is only a dozen dollars. The closing price of Apple Computer on the first day of its listing in 80 years was 29 dollars.

On Monday, October 28th, Luo Junyan did not give any instructions to continue to hit the market. But now the general trend is that it is so easy to stop the decline. He will not be able to stop the decline of the “South China Daily” without shorting.

On the other hand, the “South China Daily” stocks will be cleared soon, and the 20,000 short orders of stock index futures must also be closed. Luo Junyan didn’t care about the skills of closing positions, and required that all positions must be closed within today. It doesn’t matter whether you make more or less.

This day should be regarded as Luo Junyan’s lucky day. The Hang Seng Index continued to panic and plummeted. The short position of his 20,000 futures index could not turn over the waves at all, and all positions were closed below 10,000 points.

Hong Kong stocks closed at 9052 points on Monday, down 1621 points throughout the day, and once fell below the 9,000 point mark during the session.

After the index settlement on the day, it was confirmed that Luo Junyan had received a total of 6.143 billion Hong Kong dollars in funds, and the trader team only got a fixed payment of 4 million US dollars and had to rush to take the flight to the United States.

As for the agreement to transfer the shares of “South China Daily”, the army sister did it for her. It was completed within two days. The total investment amounted to 1.5 billion Hong Kong dollars, and the total amount was less than 500 million Hong Kong dollars. At the same time, the Guo family had already resigned Huang Jiadong. This guy fled directly to Taiwan from Southeast Asia, and he did not dare to return to Xiangjiang.

After this disaster, Luo Zhaohui had no choice but to publicly sell the assets under his name in the market, and even sold the shares of the listed company “Dongfanghong”. I wanted to cheat Luo Junyan, but ended up trapped in the quagmire.

With the financial turmoil raging in Asia, property asset prices have plummeted, and now there are many people selling properties, and few dare to take orders. Luo Zhaohui wanted to pay back hundreds of millions of arrears. I am afraid that he would have to think about it. This time it is no longer a painful one, but a complete dying struggle.

Luo Junyan first paid back 300 million Hong Kong dollars to the old sister, and the interest was 100 million. The couple’s personal cash has 6.3 billion Hong Kong dollars, and the tens of millions of dollars are no longer calculated, which is of little significance to the couple.

Sister Army discussed with Luo Junyan, taking advantage of the current Hong Kong Special Administrative Region Government’s announcement to maintain the fixed exchange rate of the Hong Kong dollar, all of this huge sum of money should be converted into US dollars and transferred to the account of the Wind and Snow Giant Asset Management Company. Now even if the old man Huo had promised himself, he still needs to leave a good way of retreat.

Moreover, since Luo Junyan has taken a fancy to Apple Computer, sister army decided to satisfy her husband’s wish and go to the United States to invest in Apple Computer stocks in the long-term.

In addition, Sister Army plans to take advantage of the Asian financial turmoil to buy more commercial properties and rebuild the Snow Country Cinema Line. Her goal this time is the Asian Snow Country Cinema Line.

The potential threat of Xiangjiang has been temporarily relieved, and there is no need to consider immigration to the United States in a short period of time. You can invest in fixed assets that are oversold in Asia on dips.

Luo Junyan is definitely going to continue mixing in the entertainment circle. He was really educated this time, and he only relied on luck to gamble in an industry he didn’t understand, and sooner or later he would be overwhelmed.

With so many equity participations in film companies, the theater chain is still very important. In the past, I couldn’t afford commercial properties. If I had the opportunity to buy properties this time, I could really do a good job in theaters, and there would be no more lameness in all aspects of the film industry.

As a result, the army sister successively exchanged 800 million US dollars into the account of Snow Giant Asset Management Company, which consumed a total of 6.2 billion Hong Kong dollars, and the remaining 100 million Hong Kong dollars remained in the account of Snow Country Entertainment Investment Company.

Fengxue Giant Asset Management Company is registered in the U.S. islands, so opening an account in the U.S. to buy stocks couldn’t be easier. When planning to buy Apple stock, the only information the couple knew about Apple Computer was the stock price of $13.73 per share.

Although Apple has undergone a 1:2 share split in 1987, its current total share capital is only 183.3 million shares, and its total market value is just over 2.5 billion U.S. dollars. There is not enough stock in the market.

The Wall Street professional acquisition team hired by Sister Army communicated with Apple Computer’s management and board of directors on behalf of the Snow Wind Giant Fund. In the end, with the promise not to enter the board of directors, not to continue to increase the holding of outstanding shares, etc., from the largest shareholder of the United States Pilot Group Fund Management Company and the second largest shareholder of the United States BlackRock Asset Management Company, they successively purchased 11 million shares of Apple at a premium. Computer stocks.

It took more than a month to complete the implementation of the investment plan to purchase Apple Computer stock. The Wind Snow Giant Trust Investment Fund holds 6% of Apple Computer’s shares, and the premium acquisition cost US$210 million.

This time, the purchase price of the stock is equivalent to more than 19 US dollars per share, which is more than 40% higher than the market’s immediate stock price. At this time, Apple’s sales are still in a state of sharp decline, and the stock price is continuing to fall. Even Jobs felt that he had encountered two fools, but he would be happy to further reduce the shareholding ratio of a single shareholder.

Sister Army didn’t tell Luo Junyan about these things. Since her husband has taken a fancy, it doesn’t matter if she spends more money. What’s more, the money is won back by a gambling of luck. Sister Army thinks that it will not affect Luo Junyan’s luck if it needs to be distributed. This kind of thinking can only be seen in Orientals.

In order to complete the shareholding plan as soon as possible, the hired group of Wall Street powerful people took a one-time commission of 10 million U.S. dollars, and the Wind and Snow Giant Asset Management Company’s account left 580 million U.S. dollars. We all know the truth. If you want to get rich, you must first build roads, but you have to use money as paper for building roads, and whether the road has been broken or not can only be verified later.

The couple left 160 million Hong Kong dollars in their personal daily accounts. If you save a little, you won’t be short of money within 5 years.

After this battle of life or death, with the help of his own luck and the reversal of the general trend, Luo Junyan can truly enter the ranks of the top rich in Xiangjiang.