Rebirth of the Strongest Tycoon

Chapter 10: Capital surge second

  520,000 Hong Kong dollars!

   And this is the money he can get!

   Except for the principal of 120,000, he made an equivalent of 400,000 Hong Kong dollars!

I have to say that the stock price of Bluewater is low enough by the trend. If there is no market maker to control and let the stock price fall freely, how can Xia Yu make so much? This is from the decline in the stock prices of several other companies in the same industry. It can be seen that the blue water business can only be blamed for being too weak and being targeted by the dealer!

   Of course, although Xia Yu made 400,000 Hong Kong dollars, it does not mean that this is the money in his account. The money in his account is more than 520,000 Hong Kong dollars, but the net profit in his hands is not so much.

   After all, HSBC's investment department is not the Virgin, it will help Xia Yu to operate in vain, and also used 5 times leverage to allocate funds to provide financial support for Xia Yu!

   Since it is not for nothing, of course a commission is required!

   In addition to collecting a sum of money from the HSBC investment department, the Kowloon Stock Exchange also collects a portion of the money.

That is 2.5% commission, 1% stock stamp duty, investor compensation levy 0.02%, SFC transaction fee 0.05%, Kowloon Exchange 0.05%, clearing company settlement fee 0.02%, etc., which add up to a total of about 3.6% of Hong Kong stock transaction costs. .

   As long as you trade stocks on an exchange, you must be drawn the money, no one can escape!

   So, running a stock exchange is also a business, and a stock exchange is equivalent to a company. This is why there are four exchanges in Xiangjiang.

   After all, the threshold for setting up an exchange is relatively low, and it is sure to make a steady profit without losing money. You can also get all kinds of conveniences. Using the stock exchange can also exchange favors and benefits. With so many benefits, of course everyone wants to participate.

   This is also not allowed by the Hong Kong government, otherwise there will definitely be a fifth and sixth stock exchange.

   Of course, later the Hong Kong government also learned that multiple stock exchanges are extremely unfavorable to the Hong Kong stock market, so it took measures to integrate the four exchanges into one.

   Not much to say, Xia Yu is not thinking about these doomed things now. He has already applied for all the funds to be withdrawn after the settlement. Even if the staff of HSBC's investment department advised him to settle the settlement later, Xia Yu ignored it.

   Although there is still room for the share price of Blue Water Commercial Company to fall, for Xia Yu, he no longer appreciates making a profit. He has more important things to do.

   After all, the stock market will be closed for two days. If the funds are not raised, Xia Yu's funds are equivalent to idle, and Xia Yu's time for these two days is completely wasted.

   More than ten days have passed, and his time is a bit tight. For him, time is more valuable than that point of profit!

Seeing that Xia Yu firmly wanted to withdraw the funds, the staff of HSBC Investment Department could only agree with some regrets, but he did not offend Xia Yu. After all, he saw Xia Yu’s ability, although he suspected that there was an element of luck. , Or what news he got, but it didn’t matter, he just knew that HSBC also took a sip of soup.

   Therefore, Xia Yu successfully submitted the settlement application and only applied for withdrawal after the settlement was completed tomorrow.

   It is not that Xia Yu can withdraw cash if he wants to withdraw. He has to wait until the day after tomorrow to transfer all the funds to his bank account.

   This has to say the difference between Hong Kong stocks and previous domestic A shares.

   Hong Kong stocks are the same as U.S. stocks. Stock trading can be traded at T+0. You can buy on the same day and sell on the same day. You can trade countless times on the same day, whatever you want.

   But after the toss, if you want to withdraw the money from the sale, you have to wait until the second working day after the transaction day. This is the T+2 settlement, and T refers to the day of the transaction.

  Before T+2, customers could not withdraw cash, physical stocks, and transfer of purchased shares.

   The previous generation of mainland A shares is different. In 1992, the Shanghai Stock Exchange also implemented the T+0 trading rule. In 1993, the Shenzhen Stock Exchange also abolished the T+1 trading rule and implemented the T+0 trading rule.

However, the stock market went crazy afterwards. Taking into account the risk control, it was forced to change back to the T+1 settlement system in 1995, and the transaction was also T+1, that is, buying on the same day can only be sold the next day, not the same as Hong Kong stocks. The system of buying on the same day and selling on the same day, the T+1 system has not changed until 2017.

  The mature stock markets are all T+0 transactions. From this point, it can be seen that the stock market system in the mainland was not particularly mature in the past, and the state control is still very strict.

   And the difference between Hong Kong stocks and later generations A shares is that there is no daily limit system. It is okay for a stock to rise ten times or fall ten times a day, instead of a daily limit of 10%.

   The trading rules of these Hong Kong stocks are very unfavorable for retail investors. They are particularly vulnerable to stock market fluctuations. There is no buffer time for losses, and they can only be watched.

   But for a capable person like Xia Yu, it is a big opportunity.

  Although the stock market is more prone to volatility and risks, it is prone to skyrocketing and falling, but the profits are also more lucrative.

  For people in the financial industry, it is normal to have risks. For higher profits, it is completely worthwhile to take risks.

   There is no shortage of gamblers in this world!

   This loose system, similar to that of Europe and the United States, is also a very important part of the reason why Xiangjiang became a financial center.

After    was busy, Xia Yu returned home and began to think about tomorrow's affairs.

   once again looked at the written "Looking for the Qin" manuscript, Xia Yu smiled at the corner of his mouth and murmured: "It's coming soon, it will come out soon! Tomorrow I must hurry to find a target and buy the newspaper!"

   That's right, Xia Yu is planning to run a newspaper!

   Although it seems that it is faster to make money in the stock market now, it changed from 120,000 funds to 520,000 in one day, but this is not the norm. It is just luck to encounter such an opportunity. It is purely an accident.

  According to the normal situation, it takes a long time for retail investors to invest in stocks and the capital wants to become 520,000. Even if Xia Yu comes to operate, it will take at least ten and a half months.

   What's more, for Xia Yu, making money in the stock market can be done later. He urgently needs to publish the novel according to his plan and make a career of his own to convince his parents to allow him to drop out of school.

   If Xia Yu only had funds, it would be hard to say the source first. Secondly, even if you make millions in the stock market, you will be panicked if you let your parents know. It is hard to guarantee that you will not want to confiscate him. After all, he is only 16 years old now!

   That’s why Xia Yu wanted to run a newspaper, publish his novels, and convince them in a way that was more acceptable to parents. UU Reading www.uukanshu.com

   Now that he wants to run a newspaper, Xia Yu has already thought about it.

   For Xia Yu, to re-establish a new newspaper is not only time-consuming, but he does not have any contacts yet, and there is no way to run a newspaper in a short period of time. What he lacks now is time!

  What should I do if I lack time? It doesn't matter, as long as you have money!

   Money is not a panacea, but as long as you have money, you can do most of the world's things, and buying a company is just within the scope that money can do.

   For Xia Yu, he wants to buy a small newspaper, and the fund of 520,000 Hong Kong dollars is more than enough!

  Acquisitions and M&A companies are the help of a company’s rapid growth. Don’t you see Cisco, which has become the world’s first company in later generations, its history is a history of mergers and acquisitions.

   For this reason, Cisco has also gained a reputation-acquisition of engines!

   Under the leadership of M&A madman Chambers, in just ten years, Cisco has acquired more than 90 companies, and it took only more than ten years from its establishment to the top of the world!

   This is the charm of mergers and acquisitions!

   Of course, all of this is inseparable from one thing, that is money!

   Xia Yu is confident that his ability is no worse than that of M&A madman Chambers. As long as he has enough money, he can also stage scenes of snake-tuning plots and take the company to the top of the world. This is the confidence that the memories of many industry leaders have brought him.

   It's a pity that all his assets now add up to only 520,000 Hong Kong dollars. It is still too early to want to buy other people's companies wildly.

   So come here first, don't think about making it to the sky!

   "But it doesn't matter, everything starts with the acquisition of the first newspaper!" Xia Yu murmured, her eyes glittering.

  

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like