Rebirth of Hong Kong’s Glorious Era - Chapter 85
After the meal, Li Wansui drove Michelle back home in the Mercedes-Benz that finally came to him.
After traveling for so long, Li Wansui finally got into his car, and his mood was much better.
Raising his wrist, he checked the time. It was almost 9 o’clock. Li Wansui did not rush home and drove to Ocean Terminal in Tsim Sha Tsui.
Zhong Chuhong will go to wireless to participate in the beauty pageant this Sunday, and the day after tomorrow will participate in the training on etiquette held by wireless for three days. Although Li Wansui didn’t tell Zhong Chuhong that she was not selected because of her high heels, she was afraid that Zhong Chuhong’s ranking was too good, so she signed a contract with TVB to play a TV series, which would affect her future development.
But Zhong Chuhong is his girlfriend after all. Many of the other contestants participating in this kind of competition have a mentality of comparison. When girls get together, it is inevitable that they will be better than this. Make irresponsible remarks. Zhong Chuhong doesn’t care, she will never care. Now that a sum of money has just been hacked, Zhong Chuhong will definitely not be wronged.
Li Wansui made a big purchase, bought a lot of clothes, spent almost 10,000 yuan, and went home satisfied.
The day after tomorrow, Zhong Chuhong will be closed for training. Now that the time is over, I will send things over tomorrow.
The next day, Li Wansui took the time to go to the stock trading floor at noon and found the broker Wei Tian who was reading a book. The money he hacked this time, plus the wireless reward of 300,000, and the 10,000 red envelopes, totaled 995,000. Excluding the expenses of the past few days, Li Wansui left more than 300,000 cash on his body, took out 950,000 for matching capital.
This is also a helpless choice. Chu Liuxiang still has about 50 episodes to shoot, and it will take about 2 months for now, and Li Wansui has not thought of a good way to turn the 950,000 Hong Kong dollars into 950,000 US dollars.
Since I can’t get away in Xiangjiang for 2 months, there is no good way to do it. It is better to put it in the stock market. In 2 months, I believe that I can also have a good return.
Li Wansui said: “A Tian, with 870,000 yuan, it is still 6 times leverage, that is, 5.22 million yuan of capital, plus 870,000 principal, this time the new capital of 6.07 million, all bought into Wharf. This time the interest needs 7.83 Wan, I’ll get it to you later.”
Wei Tian has become numb to Li Wansui’s madness. Although he does not approve of this kind of operation, he is not persuading him. The market has been doing well recently, and Wharf has also broken through the 40 mark. At 40.2, Li Wansui’s last investment It was 38.72, earning almost 1 to 50 cents per share, holding 5000 shares of 5000 shares, and earning 70,000 to 80,000 yuan at the beginning.
Nodding his head, Wei Tiandao said, “Brother Sui, you invested 1.96 million in the capital before, and the stock price has risen almost 1.5 percent. Now the funds in the account are 2.03 million. It is considered this time. The profit of 1.96 million and 70,000 in the previous account, 2.03 million, and your total market value will reach 8.1 million.”
Then he hesitated, Wei Tian continued: “Brother Sui, the market is very good now, although I don’t approve of your buying method, and I see your appearance, I am afraid that you want to make money and use the profit to add leverage, continue to buy Enter! If you are really smooth and have never liquidated your positions, but you can’t allocate funds indefinitely, it’s best to diversify your funds and look at other stocks.”
Li Wansui was a little curious and said, “Why is this?”
Wei Tian smiled a little embarrassedly and said, “Brother Sui, you have operated the Kowloon warehouse several times and made so much money. As a practitioner, I must be a little envious, so I have studied Kowloon in private. You are so bullish on this stock, right?”
Where did Li Wansui have studied Wharf, but every Hong Kong entertainment book has mentioned this matter, so he has such a bold and in-depth intervention. In his experience, the two companies are competing for equity, and they are secretly absorbing the stocks of retail investors. It will only go up, not down. It was not until the middle of 1980 that the battle officially broke out. In the end, Bao Yugang won a tragic victory. At that time, the price per share reached more than 100 yuan.
He nodded and said, “Ah Tian, tell me how you analyzed it.”
Wei Tian talked eloquently and said: “I have checked the information. In 1977 and 1978, the Jardine Landmark owned only about 10% of the equity of Wharf, so it controlled Wharf, and the share price of Wharf also hovered around 10%. Between HK$13 and HK$14. The total number of shares issued by Wharf is less than 100 million shares, and the total market value is less than HK$1.4 billion. However, Wharf is located in the most prosperous prime area of Kowloon, and it was auctioned according to the auction of official land in the same area at that time. If the price is calculated at HK$6,000-7,000 per square foot, the actual value of Wharf’s stock should be HK$50 per share. If the former site of Wharf is reasonably developed, the value is even more expensive. Therefore, the market value of Wharf’s stock is much lower than its The actual value can be described as a big piece of fat.”
As soon as Li Wansui heard Wei Tian’s introduction to the history of Wharf, he was immediately interested. He also paid attention to these things after he bought Wharf, but he had always been ignorant.
Wei Tian went on to introduce: “The rumor that Wharf was acquired was circulated in the market as early as 1978. Li Ka-shing quietly adopted the method of dispersing accounts to buy secretly, and quietly bought the shares of Wharf held by retail investors. Jardine received 20 million shares, but it did not alarm Jardine. By September 1978, Li Ka-shing had mastered 18% of the shares in Wharf, which was almost equal to the amount of shares held by Jardine. In order to maintain control of Wharf, Jardine The consortium then turned to HSBC, the big backer of the British consortium. In August 1978, HSBC intervened in the battle for Wharf. Since Li Ka-shing has always adhered to the business policy of “seeking development from stability”, he was unwilling to take great risks Openly competed with the long-established and powerful Jardine, and did not intend to offend HSBC by winning the Wharf. Therefore, in September 1978, Li Ka-shing took the initiative to sell the Wharf stock to Bao Yugang. On September 5, 1978, Bao Yugang announced that he and his family had bought about 20% of the shares of Wharf. At the same time, the Wharf Group announced that Sir Pao Yugang, who holds about 20% of the shares of Wharf, and his son-in-law Wu Guangzheng joined the board of directors of Wharf. The matter did not end completely because of this. A series of development plans proposed by Bao and Wu after they entered the Wharf Board of Directors were rejected by the Jardine side, who holds the vast majority of the board of directors, and the relationship between the two sides has become increasingly tense.”
After a pause, Wei Tian glanced at Li Wansui who was listening attentively and continued: “There is no news after that, saying that Bao Yugang will continue to increase capital to acquire Wharf, which is a bit embarrassing to say, because Brother Sui made money from Wharf. A lot of money, and the Wharf has risen from the early 20s in September 1978 to the current 40 yuan, and the stock price has doubled. Although the Hong Kong stock market is now in a bull market, the Wharf has also increased significantly. , I make a bold assumption, is it because Bao Yugang and the Jardine Department secretly increased their shares in Wharf, so that the Wharf has such a big increase, I also bought 50,000 yuan at the price of 40 yuan. shares.”
Li Wansui sighed in his heart: “Talent, bold and careful! Scientific proof, bold attack. Very good elite.”
Patting Wei Tian’s shoulder, Li Wansui said, “Ah Tian, let’s make a fortune together. Since you are so optimistic about this stock, why did you tell me that I might not be able to invest a few times? What do you mean by that?”
“Brother Sui, it’s like this. Your allocation has now reached more than 8 million yuan. If the Wharf warehouse increases by 10%, you can make a profit of 800,000 yuan and then allocate more than 6 million yuan. It is very scary to calculate compound interest. Now Kowloon The market value of the warehouse is less than 4 billion. After you buy this time, the market value of the position is 8 million. Now it is close to 0.2% of the total market value of the stock in the Wharf. After it has risen by 10%, your shareholding will be close to the total. It’s 0.4% of the market value, if you toss two or three more times, you’ll be able to own a few percent of the stock, have you thought about the consequences?” Wei Tian said cautiously.
“What consequences?” Li Wansui was a little confused.
“Your money comes from allotment. When you have so many stocks, so much money from allotment, or even hundreds of millions, the Jardine Department and HSBC made good friends. Li Jiacheng did not continue to acquire because of this. Wharf, even he cares about HSBC, how can you not care about HSBC?” Wei Tian explained in Li Wansui’s ear in a very low voice.
Li Wansui still didn’t understand, but when he saw Wei Tiansha’s serious words, he immediately asked humbly: “Ah Tian, you said clearly, I am very grateful.”
Wei Tian’s voice became smaller and smaller, and he said against Li Wansui’s ear: “The money you invested in was borrowed from HSBC. You invested hundreds of millions of dollars at that time, can the company’s executives not know? On, while you are just using the profit allocation stage, which is also the stage with the highest leverage increase, when you can only withstand a decline of less than 10 points, I was told by Jardine that they only need to take advantage of the buying in the market. In rare cases, first place a large buy order on your liquidation line, and then quickly place a large sell order. The buy order in the market will disappear within ten seconds, and the stock will drop by ten points. , and then you will be forced to sell by HSBC, and Jardine will eat all your stocks, you will be empty, making wedding dresses for others.”
Li Wansui was a little surprised and said, “No way, it’s such an exaggeration? Doesn’t Bao Yugang know how to eat into Yihe’s large sales bill?”
Wei Tiandao: “Brother, UU reading www.uukanshu.com you are really confused, now all transactions are done manually, Jardine is premeditated, and can complete the smashing purchase in ten seconds, Bao Yugang’s side No matter how fast the speed is, you have to arrange for someone to trade. When he reacts, you will be bankrupt. And I am talking about liquidation, not liquidation. If you liquidate, Jardine will make more profit on you. The price of buying stocks is cheaper. And this is known to all, you are a speculator with less than one million assets, HSBC will not lose the slightest reputation because of you, and it will kill your fat sheep. , the company executives have money.”
Li Wansui was a little shocked and thought to himself, “Yeah, this is not the future. Everyone sat in front of the computer and clicked Enter to buy. Now it’s manual trading. The risk that Wei Tian said is completely true! Now I hold the position myself. Both are 0.2%. If you add three or four times and hold a position of 4%, you will definitely be targeted at the critical period of stock competition. The most important thing is that Hong Kong is a colony. Isn’t it only natural for the British to collude with the Chinese. “
He solemnly said to Wei Tian: “Ah Tian, thank you, I will repay you.” He was very grateful to Wei Tian.
Wei Tian smiled and said: “Brother Sui, although I work at HSBC, I am also a Chinese, and of course I have a heart for the Chinese. I think Brother Sui’s judgment is correct. If the Wharf keeps rising, as long as the number of positions is kept below 1%. , or the total market value of the company is less than 100 million, it is safe.”
“Thank you, Ah Tian, I’ve been a little busy recently and I’ve had time to spare. I’ll invite you to dinner, and the two of us will have a good conversation.” Li Wansui sent an invitation.
“Okay, Brother Sui, I would also like to thank you for being your economy, so that you have the opportunity to buy Wharf. In fact, you are mainly allocating funds. If you have your own funds, you don’t have to be so careful.” Wei Tiandao.