Rebirth of Hong Kong’s Glorious Era - Chapter 86
“There will be a day, Ah Tian, buy Wharf for me now.” Li Wansui said with a smile.
Wei Tian nodded when he heard the words, hesitantly, and said, “Brother Sui, if you want to maximize the benefits! This operation may take a long time.”
Li Wansui was a little curious and asked, “Why?”
“Brother Sui, you have a lot of money to enter the market this time. Now the total number of selling orders on the Wharf warehouse is only more than 3 million, and the highest price is 41. You go in with 6 million. If you want to make a deal in a short time, you will It caused the stock price to rise abnormally, and the cost price will definitely not be 40.2.” Wei Tian explained.
You can’t buy stocks with money. For example, Wharf’s current stock price is 40.2. If Li Wansui places a buy order at 40.2 yuan, someone must sell it at 40.2 before Li Wansui can buy it. Or if there is a seller in the market who wants to sell and place a sell order of 40.5 or 10,000 shares, Li Wansui can place a buy order at the price of 40.5, and the transaction can also be completed, but the stock price will also become 40.5 at this time. The more than 6 million, compared to all the 3 million sell orders in the market, if Li Wansui takes all of them, the stock price will become 41 yuan.
Of course Li Wansui understood these simple truths, but he was still shocked and made an empirical mistake. Fortunately, Wei Tian reminded him. He lowered his head and pondered: Maybe before crossing, 6 million was not a big deal for mainland A shares, but in the Xiangjiang market at this time, it is already a huge amount of money.
The Hong Kong stock market is not A-shares. There are more than 100 million A-share shareholders in later generations, and only 7 million Hong Kong citizens. Including international buyers, the total capital pool is not comparable to A-shares.
In 2015, during the craziest days of the mainland stock market, the daily turnover exceeded one trillion yuan, and the daily turnover of the Hong Kong stock market was less than one hundred billion yuan, and the mainland stock market required the same day to buy T+1 stocks that were sold the next day. Trading system, Hong Kong stock market is a trading system of T+0 that can be bought on the same day and sold on the same day.
And now in 1979, the Hong Kong stock market has not established as high a status as an international financial center like later generations, there are not many international buyers, and the population of Hong Kong is only over 5 million, even if one third of the population of Hong Kong invests in stocks , only 1.8 million people have opened accounts in this market.
At this time, the capital of 6 million, for a stock, has a market value of less than 4 billion, and the two major shareholders have at least 20% or more respectively. After removing the small shareholders, the market value of the tradable shares is only one billion Kowloon. In terms of warehouses, if Li Wansui wants to buy quickly, he may be able to push up the stock price by one or two yuan in a short period of time. In this way, Li Wansui’s cost of opening a position will be more than ten to two million yuan. This is not to mention the people who pay attention to the stock of Wharf from outside the market. When these people see Li Wansui’s large purchase order, they must think that large funds will enter the market and follow the trend wildly, which may drive the stock price even more. In this case, if Li Wansui entered the market quickly, the cost would at least increase by several hundred thousand.
Li Wansui thought about it for a long time, and then asked, “Ah Tian, what is the total daily turnover of Hong Kong stocks and what is the daily turnover of Wharf.”
When Wei Tian saw Li Wansui asking this question, he knew that he understood the key point, and said, “The total daily turnover of Hong Kong stocks is less than 2 billion Hong Kong dollars, and the daily turnover of Wharf is about 10 million.”
Li Wansui was surprised, and it was an eye-opener. In later generations, A-shares are known as big A-shares. It really makes sense. He also asked subconsciously: “The daily turnover of Hong Kong stocks is so small?”
In the next 18 years, even in a bear market, the daily turnover of A-shares was hundreds of billions, while the daily turnover of Hong Kong stocks was only 2 billion. Li Wansui felt that he had heard it wrong.
Wei Tian smiled and nodded his head. He has a very good business ability, and the data came to him when he opened his mouth, and said, “A lot, it has already set a record. The total transaction volume in 1969 was 2.546 billion yuan, and in 1970 it jumped to 5.989 billion yuan. Yuan, by 1971 and 1972, it soared to 14.793 billion yuan and 43.758 billion yuan respectively. If this year’s trading volume is 2 billion yuan a day, the total annual turnover of Hong Kong stocks is close to 730 billion yuan, an increase of nearly 20% compared with 1972. doubled.”
Li Wansui did not expect that ten years ago, in 1969, the annual turnover of Hong Kong stocks was only 2 billion. This is the annual turnover! Just so much.
The total turnover in 1972 was only 43.7 billion yuan. Now, in 1979, it has doubled by 20 times. In my heart, I found out that they are the four little dragons in Asia. The Hong Kong economy has indeed developed extremely rapidly in recent years.
Li Wansui digested the news and thought about it carefully. The daily turnover of Wharf warehouse is only about 10 million yuan. There must be many invalid transactions, including the two major shareholders in order to control the stock price and make good use of lower costs. Buy more stocks and control the stock price, many of the turnover is invalid turnover caused by the left-handed and right-handed shareholders. Based on his years of experience in stock trading, Li Wansui patted his head and estimated that Wharf may now have two or three million stocks with a market value of two or three million sold by retail investors a day.
With this calculation, based on the Wharf stock price of 40 yuan, only 50,000 to 80,000 shares were sold by retail investors in one day. Li Wansui was shocked!
I thought Wei Tianduo was a bit alarmist, but now the Hong Kong stock market has such a market capacity, and the 5w shares he originally held in his hands are already equivalent to the real effective turnover of Wharf in one day. If you do, you will definitely be watched.
Li Wansui felt more and more that Wei Tian had helped him a lot. He also felt that Wei Tian had a long-term vision and a lot of knowledge. Li Wansui felt that Wei Tian had the ability to build a high house!
He humbly asked for advice: “Ah Tian, do you estimate that I buy all the more than 6 million yuan in Wharf, and it will take a few days to allow me to buy at a fair price without raising the cost?”
“If it goes well, it will take about 5 days. Brother Sui, you know what you are doing. At least half of the trading volume of each stock is invalid. It is controlled and manipulated by major shareholders or bookmakers. Every day, the stocks thrown out by retail investors are about From 50,000 to 100,000 shares, Brother Sui, your 6 million is calculated at the market price of 40, and you can buy about 150,000 shares. If you don’t affect the stock price and slowly buy in, it will take at least 5 days.” Wei Tian had the answer in his heart and told it directly. Long live Li.
After a pause, he continued: “If we are lucky and meet a lot of selling orders from the dealers to reduce the price, we can take the opportunity to buy in, maybe it will only take a few minutes, but this situation is rare now, and we have all analyzed the price. He Department and Bao Yugang are secretly eating Wharf stocks separately. They must be staring at the plate at all times. When they encounter such a large order, they must eat it directly. Both sides are well aware that they are not afraid of the rat, and they must not dare to hang on to such a big order. Big sell order. Last time when Brother Sui made a capital allocation, he was very lucky. When he met someone who sold 50,000 shares, Brother Sui was able to deal with it so quickly. With a big sell order of about 50,000 shares, I think Brother Sui bought stocks sold by other big retail investors last time.”
“However, if you are unlucky, Brother Sui, when the stock price rises during the acquisition these days, I am afraid the cost price will be higher. If you are lucky enough and the stock price falls, the cost price will also be lower. These three The situation still needs Brother Sui to decide for himself and see what to do.”
Li Wansui was a little worried. He was very short on time, and it was difficult to keep track of the market. If he had to raise the stock price and directly eat all the sell orders in the market, it would cost a lot of money, and it was totally unnecessary. If others pull up, it will also push up the stock price. This kind of opening a position can only be adjusted according to the situation, staring at the disk every day and opening a position depending on the situation.
Li Wansui took out 10,000 yuan in cash and said to Wei Tian, ”Ah Tian, you help me keep an eye on it these days, adapt to the situation and absorb Wharf stocks, I believe in your professional quality, it doesn’t matter if you do wrong, stocks No one dares to be able to figure it out. This 10,000 yuan is my reward for you, you must accept it. In the future, my account will be settled and profitable, and I will give you a red envelope.”
Although blood was dripping in his heart, he finally got a little pocket money and spent another 10,000 yuan, but Li Wansui, who was born bold and smart, felt that the money he should spend must be spent, and he must not be stingy. Wei Tian has been in contact with him for so many days. , character and ability are the best choices, why not win over, maybe you can help yourself in the future? Moreover, this time when the warehouse was built, he couldn’t get away from it, and he had to rely on Wei Tian’s experience.
Even if you don’t give money, you should be able to let Wei Tian help him, but they don’t know each other very well, so why hurt each other’s previous relationship!
Those who have never traded in stocks may think that Li Wansui is reckless. For someone who has not known him for a long time, let him control his stock account. As an old bird, Li Wansui would not have such worries. This stock account has transaction passwords and fund passwords. Wei Tianguang had a transaction password. Even if Wei Tian sold all of Li Wansui’s shares, he would not be able to raise the money. He had to have a capital password.
Wei Tian saw Li Wansui pay out a commission of 10,000 yuan, and he was also amazed at Li Wansui’s arrogance. This 10,000 is equivalent to Wei Tian’s salary plus commission for two or three months. It is false to say that he is not interested.
But Wei Tian felt that his life was always lacking an opportunity. In a company owned by the British, he spent all his days doing nothing and wasting his time like a dragon trapped in a shoal.
During the Warring States Period, a great merchant Lu Buwei went to Handan, the capital of Zhao State, to do business. By chance, he found a young man with extraordinary bearing on the way. Someone told him: “This young man is the grandson of King Zhao of Qin, the son of Prince An Guojun, whose name is Yiren, and is taking a hostage in Zhao State.” At that time, Qin and Zhao were often at war. The standard made him very poor, and he didn’t even have clothes to keep out the cold when it was cold. Knowing this situation, Lu Buwei immediately thought that investing in Yiren would bring in incalculable profits. He couldn’t help but mutter to himself, “This rare item can be housed.” This meant that he kept the aliens as a rare item and waited for an opportunity to sell it for a big price. Lu Buwei returned to the apartment and asked his father, “How much profit can I get from farming?” His father replied, “Ten times.” Asked: “Then how much will you gain by raising a frustrated person into a monarch and in charge of the world’s wealth?” His father shook his head in surprise and said, “That’s impossible to calculate.”
Lu Buwei listened to his father’s words and decided to do this big business. He first took out a large sum of money, bribed the officials of Zhao State who were monitoring Yiren, and got acquainted with Yiren. ? Then he said to Yiren that he wanted to support him as the king of Qin.
Yiren said in surprise and joy, “That’s a good thing I couldn’t ask for. If there is a day, I will definitely repay you~www.mtlnovel.com~ Lu Buwei immediately went to Qin State and bribed the cronies around An Guojun with a lot of money. People redeemed Qin State. An Guojun has more than 20 sons, but his favorite Mrs. Huayang has no sons. Lu Buwei sent a lot of rare treasures to Mrs. Huayang, and asked Mrs. Huayang to accept Yiren as heirs. Qin After the death of King Zhao, An Guojun ascended the throne, known in history as King Xiaowen, who established Yiren as the crown prince. King Xiaowen died soon after his reign, and the prince Yiren ascended the throne, that is, King Zhuangxiang. King Zhuangxiang is very grateful to Lv Buwei for his kindness. Lu Buwei was the prime minister, and he was given the title of Marquis Wenxin, and he took the twelve counties of the Luoyang generation in Henan as fiefdoms, and used the rent of 100,000 households as a salary. After the death of King Zhuangxiang, Prince Zheng ascended the throne, namely Qin Shihuang, and called Lu Buwei Zhongfu. Lv Buwei was in power all over the world.
In Wei Tian’s eyes, Li Wansui has a high probability of being crazy. Even if it is analyzed that Bao Yugang and the Jardine Department are fighting for equity, he does not think that Li Wansui’s aggressive investment strategy has no big risks. Li Wansui’s leverage was too high, 6 times, and there was an accident in the market. For example, the Jardine Department and Bao Yugang reached a private settlement, or the house price fell, which led to the decline of the land held by Wharf, and the value of the company itself. fell. Now the house price in Xiangjiang has been rising for many years, and it is likely to fall. These accidents will cause Li Wansui to explode.
But people like Li Wansui are either lunatics or geniuses. If they succeed, a new tens of millions or even billionaires will be born in Xiangjiang.
The two met at Wei Mo, and Wei Tian felt that since there is such a possibility, even if the probability is very small, Li Wansui might be Wei Tian’s strange goods, why should he charge this money? It’s only 10,000 yuan, and if you get it, you can’t make yourself rich!
Wei Tian thought about it a lot, and immediately refused: “I can’t accept this money, Brother Sui, you and I have known each other for a while. I treat you as a brother, so what’s the little help for you! You give me money, but you look down on me. Wei Tian!”