Early the next morning, Xia Yu went out after breakfast.

He didn't go to the stock market first, but came to HSBC with a large stack of cash, and after opening an account, he handed over the money to the staff, who looked at Xia Yu with a surprised face, he couldn't imagine that this teenager could come up with so much money, and a lot of it was change.

He could guess that something seemed wrong with the money, after all, a young man took out so much money that anyone who was not a fool would doubt it. But he didn't ask much, he just had to do his job well, and there was no need to get into trouble.

Xia Yu didn't care about the attitude of the staff, and after handling the account, Xia Yu left the business hall of HSBC and set off for the Kowloon Exchange.

Coming to the outside of the Kowloon Exchange, although it is not yet time to open the market, there are already many people gathered here, looking at the crowded situation inside, Xia Yu smiled.

Although Xiangjiang has not yet become an international financial city in later generations, there are some signs of it, which can be seen from the stock market.

Of course, there are some reasons for the rise of the Hong Kong stock market.

First of all, most of the population of Xiangjiang comes from the southeast of the mainland, and the Chaoshan people are very gambling and have a prevalent business atmosphere. Therefore, the stock market in Xiangjiang is very prosperous, and it can almost be said that everyone can speculate in stocks, which provides a huge shareholder base for the Xiangjiang stock market.

Secondly, in later generations, Xiangjiang became an international financial city because of geographical reasons. Xiangjiang is a window to the outside world of the mainland, supported by more than one billion people and resources, so it is no wonder that Xiangjiang does not take off.

In Hong Kong, the stock market price is similar to the Hang Seng Index, referred to as the Hang Seng Index, which was publicly released by the Hang Seng Bank in 1969.

The prosperity of the Hong Kong stock market can be seen from the fact that there are now four stock exchanges in Hong Kong, and the Hong Kong Stock Exchange, which existed in later generations, has not yet appeared, and it will not be officially launched until 1986.

At present, there are still four major exchanges: the Heung Kong Stock Exchange (established in 1947), the Far Eastern Stock Exchange (established in 1969), the Gold and Silver Stock Exchange (established in 1971), and the Kowloon Stock Exchange (established in 1972).

Because he lives in the Kowloon area, Xia Yu did not seek the near and far, but directly chose the Kowloon Exchange, after all, he has such a little capital, and he can be the same everywhere.

"Before the market opens, buy some newspapers and see if there's any useful information. Xia Yu thought about it and walked directly towards the newsstand not far from the door.

I have to say that those who will come to the exchange are not bad for money, and they also understand the importance of news, and newspapers that can provide news are of course their first choice.

Therefore, the business of the newsstand is very good, the newsstand owner can't collect the money, Xia Yu didn't pick and choose, all kinds of newspapers took a copy, paid and left.

didn't waste time, Xia Yu started reading directly from the top of the "Hong Kong Economic Journal", didn't care about other gossip and entertainment news, and went directly to the economic and financial sector, quickly browsed it, and memorized useful information at the same time.

Time passed in Xia Yu's concentration.

After half an hour, Xia Yu read the news and analysis of more than a dozen newspapers, and then closed his eyes and pondered.

The exact news in these newspapers, Xia Yu memorized it heavily, and then integrated all the news that could be contacted, and really got some news that was useful to him. As for the analysis of those editors in the newspaper, Xia Yu cannot deny it.

Judging from his memories of integrating so many financial tycoons, the analysis of these so-called experts can be said to be relatively naïve, and some of them are full of loopholes. Even if the analysis is correct, the analysis is relatively shallow, and ordinary people can't find it when they look at it, which is completely useless to Xia Yu.

Of course, even so, Xia Yu also found that there are still some editors' analysis with some unique insights, and the level is much higher, and he specially paid attention to it, which are "Hong Kong Economic Daily", "Sing Tao Daily", "Ming Pao" and other big newspapers.

"It's time, it's time to open!" At this moment, a voice came from the Kowloon Exchange, and it was time.

Xia Yu stood up and patted his pants and walked towards the Kowloon Exchange, as for the newspapers he bought, he lost them all, for him, it was useless, and everything that should be remembered was already in his mind.

After entering the Kowloon Exchange, Xia Yu walked towards the investment department of HSBC Securities, and if he wanted to speculate in stocks, he still needed to open an account first.

After opening the account, Xia Yu stood in the hall and observed.

Although it was only 1978, there were already many companies listed in Xiangjiang, although most of the companies were opened by the so-called wealthy families in Xiangjiang, but there were also some companies opened by the rising tycoons at the grassroots level.

After all, most of the people in Xiangjiang are from the southeast of the mainland, and these places have a strong business atmosphere, Zhejiang merchants, Wen merchants, Chaoshan merchants, etc., all have a character that dares to fight, so it is normal for some people to break through.

Because there are many listed companies, Xia Yu doesn't have so much time to analyze them one by one, so he started to search directly based on the useful information he got from the newspaper.

Blue Water Business!

That's it!

According to the news in the newspaper, another company in the same field that is several times larger than the blue water business, Jiusheng Business has invested a lot of money in the research and development of new products, and according to the clues, Jiusheng Business should have succeeded at this time, and the news is about to be released.

And in the past few days, the stock price of Blue Water Business has also fluctuated slightly, and someone should have gotten some news, Xia Yu guessed that it might be someone from Jiusheng Commercial, and he was ready to take the opportunity to release the news to cut the meat of Blue Water Business and retail investors.

Therefore, Xia Yu has two choices, buy Jiusheng commercial rise, or buy blue water commercial fall, that is, how long to do business, or short blue water business.

And because the scale of Jiusheng Commercial is several times that of Blue Water Commercial, and the plate is much larger, even if it is good news, the increase of Jiusheng Commercial will not exceed the decline of Blue Water Commercial.

So relatively speaking, buying blue water commercial fall is more profitable!

Coupled with Xia Yu's plan to use five times the leverage, the profit is definitely very considerable.

Of course, the risk of shorting is also greater, if after buying the blue water commercial fall, encountering the market maker forcibly pulling up the stock price, Xia Yu used five times leverage, it is likely to blow up, it depends on when Jiusheng Commercial breaks the news.

However, risks and benefits coexist, judging from the memories of those financial bigwigs in Xia Yu's mind, the risk of buying blue water with five times leverage is negligible, so Xia Yu is not afraid of this risk.

What's more, this money came too easily, even if it was a loss, Xia Yu felt a little distressed at most! It's a big deal to take another risk and go to Hong Kong Island to spend a day or two and earn it back.

After thinking about it again and finding that there was nothing missing, Xia Yu came to the seat of the HSBC investment department, ignored the somewhat surprised eyes of the staff, and directly wholly owned five times the leverage, and leveraged 600,000 funds to buy blue water commercial falls.

The funds of 120,000 yuan are considered a lot among retail investors, and they are already eligible to apply for the use of five times the leverage to allocate funds.