HK$520,000!

And it's money he can get his hands on!

In addition to the principal of 120,000 yuan, he is equivalent to earning 400,000 Hong Kong dollars!

I have to say that the stock price of Blue Water Business is suppressed low enough, if there is no dealer to manipulate, let the stock price fall freely, Xia Yu can not make so much, this can be seen from the decline in the stock price of several other companies in the same industry, can only blame Blue Water Business is too weak, was targeted by the dealer!

Of course, although Xia Yu earned 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, the investment department of HSBC is not the Virgin, and will help Xia Yu operate in vain, and it also used 5 times leverage to provide financial support for Xia Yu!

Since it's not for nothing, of course you have to charge a commission!

In addition to the HSBC investment department to collect a sum of money, the Kowloon Exchange also charges a part of the money.

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

As long as you are trading stocks on the exchange, you have to be pumped this money, and no one can escape!

Therefore, running a stock exchange is also a business, and a stock exchange is equivalent to a company, which is why there are four exchanges in Hong Kong.

After all, the threshold for running an exchange is relatively low, and you can make sure that you will make a steady profit without losing money, and you can also get all kinds of conveniences, and you can also use the stock exchange to exchange favors and interests.

This is why the Hong Kong government does not allow it, otherwise there will definitely be a fifth or sixth stock exchange.

Of course, later on, the Hong Kong government also knew that multiple stock exchanges were extremely unfavorable to the Hong Kong stock market, so there was a measure to integrate the four exchanges into one.

Not much to say, Xia Yu doesn't have the heart to care about these doomed things now, he has already applied for the withdrawal of all funds after settlement, even if the staff of HSBC's investment department still advises him to deliver later, Xia Yu doesn't pay attention.

Although the stock price of Bluewater Commercial Company still has room to fall, for Xia Yu, he can no longer afford to make some profits, and he has more important things to do.

After all, the stock market will be closed for two days, if the funds are not withdrawn, Xia Yu's funds are equivalent to idle, and Xia Yu's time in the past two days is a complete waste.

It's been more than ten days, and his time is a little short, for him, time is worth more than that little profit!

Seeing that Xia Yu firmly wanted to withdraw the funds, the staff of the HSBC investment department could only agree with some regret, but they did not offend Xia Yu, after all, Xia Yu's ability he saw, although he suspected that there was an element of luck, or what news he got from, but it didn't matter, he just needed to know 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's not that Xia Yu can withdraw if he wants to, he has to wait until the day after tomorrow to be able to transfer all the funds to his bank account.

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

Hong Kong stocks are the same as U.S. stocks, stock trading can be done T+0 rotation trading, you can buy on the same day, sell on the same day, you can buy and sell countless times on the same day, whatever you want.

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

Prior to T+2, clients were not allowed to withdraw cash, physical shares, or re-custody of purchased shares.

In 1992, the Shanghai Stock Exchange also implemented the T+0 trading rules, and in 1993, the Shenzhen Stock Exchange also abolished the T+1 trading rules and implemented the T+0 trading rules.

However, after the stock market went crazy, considering the risk control, it had 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 system as Hong Kong stocks that can be bought on the same day and sold on the same day, and the T+1 system has not changed until 2017.

The mature stock markets are all T+0 transactions, which can also be seen from this point that the stock market system in the mainland in the previous life was not particularly mature, and the state control was still very strict.

And the difference between Hong Kong stocks and later generations of A shares is that there is no same-day price limit system, and it is no problem for a stock to rise ten times or fall ten times a day, rather than a 10% rise on the same day like A shares.

The trading rules of these Hong Kong stocks are very unfavorable to retail investors, who are particularly vulnerable to stock market fluctuations, and there is no buffer time for losses, so they can only watch.

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

Although this makes the stock market more volatile, riskier, and prone to skyrocketing and plummeting, it is also more profitable.

It's perfectly normal for someone in the financial industry to take risks, and it's totally worth taking risks for higher profits.

There is no shortage of gamblers in this world!

This kind of loose system, which is the same as in Europe and the United States, is also a very important part of the reason why Hong Kong later became a financial center.

After finishing his work, Xia Yu returned home and began to think about tomorrow.

Looking at the manuscript of "Xun Qin" again, Xia Yu smiled at the corner of his mouth and muttered: "It's soon, it will come out soon! Tomorrow, we must hurry up and find a target and buy the newspaper!"

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

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

According to the normal situation, it takes a long time for retail investors to speculate in stocks, and it will take a long time for the funds to become 520,000, even if Xia Yu comes to operate, it will take at least ten days and half a month.

What's more, for Xia Yu, making money in the stock market can be delayed, and he urgently needs to publish the novel according to the plan and get a career of his own to persuade his parents to agree to him drop out of school.

If Xia Yu only has funds, it is difficult to say the source in the first place. Secondly, even if he makes millions in the stock market, his parents will be very panicked if they know about it, and it is difficult to guarantee that they will not want to confiscate it from him, after all, he is only 16 years old now!

That's why Xia Yu wants to start a newspaper, publish his own novels, and persuade them in a way that is more acceptable to his parents.

Since he wants to run a newspaper, Xia Yu has already considered it in his heart.

For Xia Yu, not only is it time-consuming to re-establish a new newspaper, but he also has no connections, so there is no way to run a newspaper in a short period of time, and what he lacks most now is time!

What if you don't have time? It doesn't matter, as long as you have money!

Money is not everything, but as long as there is money, most things in the world can be done, and the acquisition of companies is exactly within the scope of what money can do.

For Xia Yu, if he wants to acquire a small newspaper, the capital of 520,000 Hong Kong dollars is more than enough!

Acquisitions and mergers and acquisitions of companies are the help of the rapid growth of an enterprise, and the history of Cisco, which has been the world's No. 1 company, is a history of mergers and acquisitions.

For this reason, Cisco has also gained a reputation - M&A engine!

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

That's the beauty of M&A!

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

Xia Yu is confident that his ability is no worse than that of the merger and acquisition maniac Chambers. As long as he has enough money, he can also stage a series of snakes swallowing elephants and bring the company to the first place in the world, which is the confidence brought to him by the memory of many industry tycoons.

It's a pity that all his assets now add up to only 520,000 Hong Kong dollars, and it is too early to frantically acquire other people's companies.

So let's keep your feet on the ground first, don't think about climbing to the sky in one step!

"But it doesn't matter, it all starts with the acquisition of the first newspaper!" Xia Yu muttered, his eyes shining.