Wolf of Xiangjiang

Chapter 86 [Sell High, Buy Low] (Please customize)
The Hang Seng Index reached a small peak of 2 points on February 5, and then began to fall; four trading days later, it fell below 562 points.

Starting from February 2, Lin Zhengjie arranged for Tai'an Development to sell shares of Qingzhou Yingni. In just six trading days, he cashed out all 1% of his shares.

Such a violent cash-out naturally suppressed the stock price of Qingzhou Yingni; the market value was as high as 12 billion Hong Kong dollars. By February 2, only a little over 8 billion Hong Kong dollars remained.

The cost of Tai'an Development's holding of shares in Taizhou Yingni is not high. In terms of market value, the cost price is around HK$6.3 million; and the average market value of the shares sold today is as high as HK$11.3 billion.

Therefore, Tai'an Development finally cashed out more than 7200 million yuan, making a net profit of 3100 million Hong Kong dollars.

In the office of Asia Securities.

Ma Yawen asked curiously: "When do you plan to buy at the bottom again?"

Lin Zhengjie said calmly: "When to buy the bottom again depends on whether the market will correct. If the market value of Qingzhou Yingni drops by another 10%, I will consider buying the bottom."

Ma Yawen suddenly became anxious and said quickly: "Aren't you sure that the Hang Seng Index will correct?"

Lin Zhengjie looked at her appearance and immediately understood the reason, and said, "Did you also do something about it?"

Asia Securities also has millions of funds speculating in Cheung Kong Group's stocks, and half of the capital is allocated.

Ma Yawen said matter-of-factly: "As the saying goes, you have to rely on the mountains and the water. I rely on you. Since I have the opportunity, I must take action. On February 2, I sold most of the shares of Changshi Group. Now, just wait and see when I can buy it again!”

Lin Zhengjie smiled and said: "Don't worry, there are two situations in this wave that will remind us: First, due to the impact of the Middle East and cross-border, the Hang Seng Index is expected to fall back to around 500 points, and we can buy at this time; second, we must Buy before March, because in March companies will release various good news, including ideal profits, high stakes, etc.”

He now spends a lot of time studying Hong Kong's stock market, because it is the fastest way for him to obtain funds. Lin Zhengjie does not know the detailed trend of Hong Kong's Hang Seng Index, but he still understands the overall trend. Of course, this is only an important reference information.

For example, the impact of the Middle East (Iran) and cross-border wars was analyzed by Lin Zhengjie based on the situation of the Hong Kong stock market over the years.

Of course, Lin Zhengjie was also worried that his judgment would be inaccurate, so Taifu Group's stock trading funds remained untouched.

Ma Yawen immediately said happily: "That's about the same. I hope this wave of selling high and buying low can earn more than half of the rent."

Asia Securities has already negotiated for an office building with a total area of ​​4180 square feet, twice the current size. The annual rent is HK$50.

At this time, Asia Securities already had more than 30 employees and was a well-established medium-sized securities company. It could not only buy and sell securities for customers, but also opened the function of gold trading.

Then, Lin Zhengjie talked about something.

"Yawen, I plan to hand over 1000 million of Tai'an Development's funds to you. I require you to frequently trade the stocks of 'Taifu Group' to give investors the impression that the stocks of Taifu Group are actively traded."

This is called market making!

The share price of Taifu Group once reached 2.3 Hong Kong dollars per share, with a market value approaching 2 million Hong Kong dollars. This was affected by rumors about Lin Zhengjie.

But if there is no new good news for a long time, the market value of Taifu Group will fall, which is not conducive to the development of the company.

Ma Yawen frowned and said: "You want the horse to run again, but you don't want to let the horse eat grass. How can it be so easy to buy shares of Taifu Group with 1000 million Hong Kong dollars." But she then added: "I will arrange it again Let’s sell it to our customers!”

Lin Zhengjie smiled and said: "Isn't there a solution? I'm still waiting to buy the funds for Tai'an's development, so I can't move much."

Ma Yawen asked curiously: "Do you have a grudge against Li Jiacheng? Why are you always staring at him!"

Lin Zhengjie said: "He is the God of Wealth. If I don't make money from him, how can I make money from him? What's more, he has already tricked me twice, so I will naturally retaliate."

Ma Yawen asked Li Jiacheng how to deal with Lin Zhengjie's "two ways", and Lin Zhengjie simply talked about two things: The first thing was, of course, that he bought 10.2% of the equity of Qingzhou Yingni from Yuan Yiren Real Estate, which caused Lin Zhengjie's idea failed; the second thing was to target the Taifu Group at the auction.

In fact, the two incidents did not cause Lin Zhengjie any losses, but Liang Zi had already taken over.

Of course, Lin Zhengjie is also making a fortune following Li Jiacheng. He holds a little more than 3% of the shares of Cheung Kong.

The next day (2.9), the Hang Seng Index continued to fall and was already running at 530~540 points.

Du Huilian came to Li Jiacheng's office and discussed: "Li Sheng, Lin Zhengjie has sold off the shares of Yingzhou Yingni in a large scale. It should be almost over. The market value of Yingzhou Yingni is only less than 10 billion Hong Kong dollars. We want to Don’t increase the speed of absorption.”

Cheung Kong Group currently only holds 28.5% of the equity of Qingzhou Yingni, which is still not a safe level. If someone comes to snatch Qingzhou Yingni, Li Jiacheng will not be in a guaranteed win situation.

Generally speaking, 40% is a relatively safe line, and 49% is a stable winning line.

After hearing this, Li Jiacheng shook his head and said: "Since the villain has left, let's absorb them step by step so as not to alarm the market."

To Huilian said: "That's true! And now the Hong Kong stock market is affected by external factors and seems to be correcting."

Li Jiacheng nodded, and then said: "Philip, secretly purchase another stock for me - Hutchison Whampoa. This time, there must be no rush, the slower the better!"

Du Huilian was surprised, because he knew that every time Li Jiacheng secretly purchased a company's stock, it was not for profit on the stock, but for some purpose.

When I secretly purchased Wharf stocks, it seemed that I was making money from stock trading, but in fact I was forced by the situation and had to withdraw in the end.

The covert purchase of shares in Qingzhou Yingni has been successful. Li Jiacheng has joined the board of directors of Qingzhou Yingni. Now all that is left is to absorb them step by step until he holds 40% of the equity before electing the chairman of the board of directors.

The secret purchase of Hutchison Whampoa now shows that Li Jiacheng has set his sights on this 'ownerless' British-owned foreign company.

Of course, if Li Jiacheng wants to annex Hutchison Whampoa, HSBC's attitude is absolute.

However, HSBC has said that it will not always hold shares in Hutchison Whampoa because it is a bank and also the 'central bank' of Hong Kong.

"Congratulations to Li Sheng"

Li Jiacheng shook his head and said: "Philip, things have not reached that point yet. However, I still have a certain amount of funds in hand, so I will take advantage of the opportunity to absorb some. You must not be aggressive and anger HSBC. In one month, the maximum Acquire 1% equity."

He has indeed talked to Shen Bi, but things have not made obvious progress yet.

If HSBC gets angry with him for secretly taking too much equity, things could go wrong.

However, if you don't take advantage of the low price, there are two disadvantages: first, if HSBC is only willing to transfer more than 20% of its equity, after all, HSBC will continue to invest in Hutchison Whampoa, then its equity will be unstable; second, if HSBC is only willing to transfer more than % of its equity, According to Li Jiacheng, the Hong Kong stock market is now at its lowest point and is the cheapest, so absorbing some now can save some costs.

"Okay, I will definitely pay attention to this aspect."

After Du Huilian left, Li Jiacheng showed a smile. Finally, Lin Zhengjie was not involved in the matter of Qingzhou Yingni. Moreover, Lin Zhengjie has now cashed out 7.3% of his equity, which is equivalent to helping him suppress the stock price of Qingzhou Yingni and saving a lot of costs!
At the time of the real estate boom, even Cheung Kong Group was short of money, because investing in a real estate project would require a lot of money. It's a great time to try to develop the group, so you can naturally save a fortune.

"Although this person has good abilities and good luck, he is unfortunately too young. If he had been born 10 or 20 years earlier, he might have become my competitor."

"As for now, he is just a little man, making some small calculations, but it is nothing!"

In the case of Qingzhou Yingni, the appearance of Lin Zhengjie cost Li Jiacheng at least tens of millions of Hong Kong dollars.

When Li Jiacheng thought about it now, he found that Lin Zhengjie did not have the strength to acquire Qingzhou Yingni, but only wanted to 'rob' him.

Of course, Li Jiacheng also admitted that Lin Zhengjie had a very accurate vision and knew that Qingzhou Yingni was his next target and made plans in advance.

Taifu Group.

Lin Zhengjie also called He Fangtang and said: "The shares of Jinmu Real Estate are ready to be absorbed. We will try to absorb 20% of the equity within two months. Remember, don't alert the snake."

This was the first time that He Fangtang carried out Lin Zhengjie's orders alone. In the past, Lin Zhengjie had personally carried out the purchase of stocks.

"Well, 20% of Jinmu's real estate purchase in two months is not eye-catching and will definitely not be noticed by the market."

Lin Zhengjie said: "At present, it seems that the company's funds are sufficient to cope with this acquisition. When our shareholding reaches 20%, we will invite a financial consulting company to conduct a public acquisition."

He Fangtang asked curiously: "Then why not secretly purchase more equity, almost 25%, so that we are at a similar level and more confident?"

Lin Zhengjie said mysteriously: "You will know when the time comes! All you need to know now is that 20% is enough for us to enter the board of directors of Jinmu Real Estate."

"Ok"

This acquisition will open up a new way of playing securities - true and false.

Lin Zhengjie has only two purposes: first, to increase the influence of Taifu Group and stimulate the stock price to rise; second, to take advantage of the opportunity to make a fortune.

In fact, the first purpose is the most important!
Although Lin Zhengjie is now the chairman of a listed company, if he wants to carve up high-quality assets in Hong Kong, he must own a medium-sized listed company by the time the 1980s come.

Otherwise, many cakes will be missed!
Wharf and Hutchison Whampoa, he has no chance.

But there are many other high-quality assets in Hong Kong waiting for Lin Zhengjie to snatch them.

after get off work.

Lin Zhengjie took a car to the Fulin Hotel in Wan Chai, and then the five shareholders of Tai'an Development arrived one after another.

"Zhengjie, have you made a mistake? You should go to Fulinmen Shark's Fin Seafood Restaurant for dinner. Although this Fulin Restaurant is of good quality, the business doesn't seem to be very good." After Li Guoxing sat down, Said with a smile.

Lin Zhengjie responded: "There are thousands of restaurants in Hong Kong. Maybe each one has its own characteristics. You might as well try it!"

Everyone laughed immediately, and Li Guoxing just said it casually.

If Lin Zhengjie treats a guest, even if it's a food stall, they will give him face.

"Lin Sheng, who is ordering?" Yang Guanyi, the owner of Fulin Hotel and the lobby manager, came to the box and asked respectfully.

The guests who came to Fulin Hotel for dinner today seemed to be all important people, so he couldn't help but receive them personally.

Just as Li Guoxing said, the business of Fulin Hotel is not good. Lin Zhengjie took the menu and looked at it. There seemed to be no amazing dishes, so he immediately ordered a lot of money and several bottles of wine, all from Guili.

Now with his wealth, he can eat whatever he wants without having to think about money at all.

Today in Hong Kong, a fin banquet offering rat spots and other food costs about NT$500 per table (ten people per table). The most luxurious one is an abalone per person, which costs about NT$ per table.

I heard that at last year’s wedding banquet of the century between Timothy Fok and Hong Kong Miss Lingling Chu, the menu included steamed seaweed, braised large abalone wings, and a lucky abalone for each person. Each table only cost about NT$2000.

"Okay, that's all!"

"Okay, distinguished guests, wait a moment!"

After ordering the food, Lin Zhengjie chatted and laughed with the shareholders.

He Ruisheng said: "Zhengjie, gold has risen quite well recently. The gold you borrowed from the gold and silver trading market has risen by 10%!"

He is the second generation head of Baosheng Bank, a small bank that was later acquired by Chinese companies.

He Ruisheng is also speculating in gold. Last month, he saw Lin Zhengjie absorbing gold and followed suit and made a lot of money.

Lin Zhengjie smiled and said: "I didn't pay attention to this. To be honest, I deposited the gold in HSBC and felt at ease. Just like when we bought the Railway Bank Building, I always feel that such an asset makes people feel at ease. What? Stocks always feel like they are just a piece of paper, don’t you think so?”

When everyone saw what the 'Securities Genius' said, they all agreed.

Li Guoxing took advantage of the situation and asked: "Zhengjie, haven't you already cashed out your equity in Qingzhou Yingni? What is Tai'an's next move? Are you planning to repay the debt in advance?"

Lin Zhengjie shook his head and said: "If you wait for a while, you have to buy it. I just sold high and bought low! But this time, I should be able to make almost 1000 million by selling high and buying low, so I took out 1000 million Hong Kong dollars." Do you have any objections to buying and selling shares of Taifu Group?"

"You have the final say. We just divide the money. If there is anyone who can help the company, we are obliged to do so!"

Everyone expressed their opinions.

Now the wealth they have developed in Tai'an is equivalent to a large part of their own net worth. What's more, no one wants to break up with Lin Zhengjie, the God of Wealth.

Similarly, it is not easy for Lin Zhengjie to get rid of these people.

If you suddenly don't help them get rich, it will also offend people.

However, Lin Zhengjie already has a foolproof plan. In the future, he will use a 'kill two birds with one stone' and 'win-win cooperation' approach to handle the development of Tai'an.

Not only let these people 'use' him, but also not let these people 'affect him'.

(End of this chapter)