Wolf of Xiangjiang

Chapter 17 [Sell high and buy low]

Wednesday, September 3th.

Wanbang Building in Central (junction between Central and Western Ring Road, Suhang Street).

Morning, 8 o'clock.

Lin Zhengjie and He Fangtang are in a thousand-foot office building, which will be the office location of Lin Zhengjie's new company. This office building has a total area of ​​1080 square feet, and the monthly rent per square foot is HK$7.2, which is equivalent to a monthly rent of nearly HK$8000.

Lin Zhengjie did not sell a share of Wharf stock, but borrowed 100,000 Hong Kong dollars from Ma Yawen, half of which has been spent on rent alone (paying four and guaranteeing two). Fortunately, the office furniture is ready-made and you can start working right away.

Having already boarded the 'thief ship', He Fangtang remembered to ask: "Boss, what is the name of the new company? What is its main business?"

Lin Zhengjie was well prepared and said: "The new company will be called 'Taifu Development Co., Ltd.' and its main business is securities and real estate investment."

He Fangtang immediately said: "Taifu Development, a good name!"

Very catchy and has a good meaning.

Next, Lin Zhengjie arranged: "Next, we will register the company and recruit staff at the same time. In particular, the securities department and the real estate department must be established. You will be the manager of the securities department first, and I will be in charge of the real estate department temporarily. I am Lihuojia Securities Company holds about hundreds of thousands of Wharf stocks, and Manager Ma will help us take care of them. I have the final say when to sell them!"

He Fangtang was stunned. He thought he had worked hard to start a business with Lin Zhengjie, and the capital was only one or two million Hong Kong dollars at most. Now I know that he actually underestimated Lin Zhengjie's strength. The hundreds of thousands of shares of Wharf stock are at least several million, maybe even tens of millions.

"I'm worried that I can't be a manager of the securities department, so why don't I ask Manager Ma to be the manager?"

Lin Zhengjie patted He Fangtang on the shoulder and said, "Fat man, it doesn't matter whether you are qualified now, after all, I am here. What matters is whether you are still qualified in the future. I will give you a chance to grow."

He Fangtang said quickly: "Yes, boss, I will definitely live up to your trust!"

Lin Zhengjie nodded. In fact, it was not that difficult. After all, he was the one in charge of stock trading, and the securities department was the department that executed orders.

Next, the two took action. After all, the new company has not yet been registered and has no employees, so there is a lot of work to be done. Fortunately, there is no need to consider investing for the time being, because the funds have not been withdrawn yet.

Cheung Kong Group.

In his office, Li Jiacheng met with Du Huilian, the Hong Kong head of Vickers Securities Company, who was the securities consultant responsible for the Cheung Kong Group's acquisition of Wharf stocks.

"Philip, how many shares of Wharf do we currently hold in total?" Li Jiacheng asked with a heavy face.

The news of his secret purchase of Wharf has been exposed, which caused the stock price to skyrocket. The closing price yesterday (2.28) exceeded 30 Hong Kong dollars per share.

"Mr. Li, Changshi currently holds a total of 1200 million shares, accounting for just over 12% of the total share capital. This shareholding ratio is not enough to challenge the status of the major shareholder Land, nor can it firmly enter the board of directors." Du Huilian replied seriously.

In fact, he didn't know what Li Jiacheng's real thoughts were, whether it was a long-term investment or another agenda. However, as a partner, he certainly did not leak information.

Li Jiacheng naturally did not doubt Du Huilian. It was reasonable for him to acquire so many stocks and be discovered by market analysts.

"What should we do now? The stock price has risen a bit high. Of course, we must hold 20% of the shares as much as possible, otherwise we will have no say."

After thinking for a while, Du Huilian said: "Today and tomorrow, we will sell 200 million shares in the market, suppress the stock price, and then go all out to acquire it."

Li Jiacheng thought about it. At this time, Land Management had not yet reacted, so he did not need to rush. Du Huilian's suggestion can reduce costs and is indeed feasible.

"Okay, let me listen to your advice!"

"Then I'll make arrangements right away"

On the morning of that day, the Hang Seng Index opened lower and fell slightly. Wharf stocks were sold in large quantities, which instantly led to a lot of "profit taking" cashouts, causing the stock price to fall sharply.

At noon, Ma Yawen came to the office building of Taifu Development.

"It's a bit small. You are a rich man now. How can you be so stingy about renting such a big office building?" Ma Yawen said deliberately looking for trouble as soon as he arrived.

Lin Zhengjie said with a smile: "Before you come, we will move to a bigger office building!" He Fangtang was placing the packed lunches. Hearing Lin Zhengjie's words, he couldn't help but be surprised. The boss really took over Ma Yawen.

Ma Yawen made a sound, and was immediately invited by Lin Zhengjie to sit down and eat together.

The three of them sat at the conference table and enjoyed the food they had packed back. They were all in a good mood.

"By the way, Ajie, there was a huge sell-off in Wharf's stock today. It was probably due to cashing out profits. In just one morning, it had dropped to HK$28.65, 1.5 yuan lower than yesterday's closing price." Ma Yawen said.

She suddenly felt that it was a very happy thing for the three of them to eat together. It's like a start-up company where everyone works together. Of course, she and He Fangtang are just employees.

Lin Zhengjie said: "It is more likely that Li Jiacheng is suppressing the stock price! Cheung Kong Holdings needs almost 20% of the equity to challenge Land, the major shareholder. They definitely don't have enough votes at this time, but they are worried that the cost of holding positions is too high, so they are nothing more than first Sell ​​one or two million shares to squeeze out those profit-making and retail investors, and then buy at low prices following the trend."

The reason why he is sure is because he knows that the highest stock price is probably 45 to 46 Hong Kong dollars. Since it has not reached it, it means that Li Jiacheng's shareholding is not enough, and he may not even be able to join the board of directors (16% is a stable gain).

In this case, he certainly won't be nervous, not to mention that his cost is HK$13.55.

When Ma Yawen saw Lin Zhengjie directly naming the real estate tycoon 'Li Jiacheng', he couldn't help but said: "You said it as if you were playing chess with Li Jiacheng. Your tone is really loud!"

Lin Zhengjie said confidently: "You are right, I will be a chess player from now on. If I can't figure out the enemy's intentions, how can I make money? Do you think I am relying on deception!"

Ma Yawen was speechless. Even with Lin Zhengjie's appearance, she couldn't come up with a reason to refute.

"You're amazing, right?"

He Fangtang only listened but said nothing. When he saw Manager Ma's change of expression at Lihuojia Securities Company, he couldn't help but sigh in his heart. The boss has a way to make money, which makes him even more attractive to girls.

Lin Zhengjie said: "Can you invite your uncle to have dinner together tonight? I wonder if you can allocate another 500 million Hong Kong dollars to me tomorrow. I estimate that Wharf's stock price will reach around 26 tomorrow, and we will buy it in large quantities by then." , wait until it is above 40 Hong Kong dollars before flipping.”

Even if it is 26 Hong Kong dollars per share, he still makes double the profit, which is equivalent to more than the principal, so if he allocates another 500 million Hong Kong dollars, it is still a 1:1 allocation.

Ma Yawen rarely stopped Lin Zhengjie. She said, "I will contact him immediately. He has wanted to meet you recently."

The uncle she knew, Li Guoxing, was a senior manager of the Bank of East Asia and a member of the Li family, with a very high status. If it weren't for Lin Zhengjie's achievements, he wouldn't want to see him.

The Bank of East Asia currently has total assets of up to 30 billion Hong Kong dollars (non-deposits), which is already a quite large bank.

"Let's go after we're full!"

"Don't eat!"

Ma Yawen ate half of the meal and left in a hurry.

He Fangtang looked at Ma Yawen's back and wanted to tell Lin Zhengjie that Manager Ma is attracted to you. But he immediately thought that Lin Zhengjie was his boss now, so he shouldn't talk nonsense, especially personal feelings.

"Accompany us to socialize in the evening, and book a private room in a high-end hotel right away."

"it is good"

"We'll wait until we're full, what's the rush?"

"Oh"

It's understandable that his subordinates are proactive in doing things, but Lin Zhengjie is very steady in doing things.

He will not really care whether he allocates 500 million Hong Kong dollars in capital this time, whether it is successful or not. Getting to know Li Guoxing is the real goal.

Li Guoxing is the cousin of Li Guobao, the future general manager of the Bank of East Asia, and a very powerful senior executive of the Bank of East Asia. Lin Zhengjie, on the other hand, has weak funds and lacks banking relationships.

(End of this chapter)