Chapter 177: This World Is Changing Too Fast!

"Dragon Less ......"

"How much ...... bought?"

"One Million Share ......"

In the Hong Kong Stock Exchange, He Zilong, who made a fortune by speculating in stock subscription warrants, naturally came to Hong Kong, and he would not only know how to go to the street to watch plays and write. In fact, as a high-end VIP of the bank, he wants to open an account and speculate on Hong Kong stocks, which is easy to the simplest thing.

Seeing that his reflection in Ming Pao was good, He Zilong's first reaction was to go to the Hong Kong Stock Exchange and buy a large number of Ming Pao shares. Even if it rose by 15%, it did not retreat, and it was purchased in batches.

As a senior shareholder before the rebirth of his previous life, He Zilong not only knows the domestic stock market well, but also has a general understanding of the Hong Kong stock market across the wall.

There have been 9 bull markets in the history of the Hong Kong stock market, the first of which was on 24 November 1969, when the Hang Seng Index was launched in the Hong Kong stock market. The first round of bull market in Hong Kong stocks was mainly due to the launch of the Hang Seng Index and the occurrence of major events such as the improvement of Sino-US relations, the normalization of Sino-Japanese diplomatic relations and the improvement of Sino-British relations in 1972~1973.

The Hang Seng Index rose 10.23 times from 158 points on the day of its launch to 1,774.96 points on March 9, 1973.

Second Bull Run: In 1975, after the turmoil that followed the first wave of bull market declines, Hong Kong introduced a series of measures to ensure financial market stability. The Hang Seng Index also rose 11 times from 150 points on December 10, 1974 to 1810.2 points on July 17, 1981.

Bull market 3: On September 26, 1984, the Chinese and British governments initialed the Joint Declaration on Hong Kong and three annexes in Beijing. The Hang Seng Index rebounded from 676 points on December 2, 1984, and thus began a new four-year bull market.

At present, He Zilong is in the middle of the fourth round of the bull market.

Bull market 4: The Hang Seng Index rose from 1,894 on December 7, 1987 to 12,599 on January 4, 1994. This round of bull market is the first time in the history of Hong Kong stocks to benefit from the bull market of mainland funds, with an increase of 5.56 times during the period.

Unlike the first three, the fourth is divided into two parts. Beginning in October 1992, there would be a few months of crashes. Then, when everyone thought that the fourth round of the bull market was over, it suddenly rebounded, and the bull market continued until 1994.

He Zilong decided to close the tail of the bull market before the end of the first half of the bull market. I don't earn as much as others, and it's only less meat, isn't it?

Then in 1993, everyone else thought that the Hong Kong bull market was over, and he would kill him again.

Compared with the increase in the stock price of the bull market, it is not worth mentioning the income of hundreds of thousands.

Under the influence of He Zilong, the three brothers of the Li family also invested all their 2 million income into Ming Pao's stocks. This attitude of complete trust in He Zilong has also been rewarded with loyalty.

Just the next day, when they saw that Ming Pao's stock price had risen by another 10%, they couldn't stop laughing. Two million became two million and two hundred thousand rhythms, and I didn't do anything, and I earned it when I got up from sleep. It feels like it's a dream!

"It's a pity, there are too few sellers, everyone is optimistic about the rise of Ming Pao's stock price, and they are all cherishing the goods, and now we have money and can't receive many shares. I took the stock in my hand and waited a little longer. Don't sell it yet......" He Zilong commanded.

"I know, I listen to Long Shao's ......" The three brothers of the Li family don't know much about stock trading, but they understand a reason, that is, listening to He Zilong's accuracy is right.

Looking at the big screen of the exchange, there are more Hong Kong stocks rising and fewer falling. Everyone's face was flushed, as if heaven was here. He Zilong knew that if the people here did not run away from the warehouse to clear the goods in September, then the big crash would come.

Someone may want to jump off the building in minutes. You must know that Hong Kong's stock price does not have a price limit, and there is a limit down.

As long as conditions permit, it is possible to reduce by 90% in one day.

In order to protect Chinese stockholders, some people were too gambling and forced to jump off the building, so there was a price limit board and a limit control.

In Hong Kong, not only will it be the same in 201X, but the transactions are all T+0, that is, if you buy stocks on the same day, you can sell them on the same day. Therefore, it can be said that as long as disaster comes, the thought of heaven may also be hell at any time.

"Do you want to remind Mr. Cha? He owns about 60% of Mingbao's shares, and he makes the most money when it rises, so he is naturally the best. But if it crashes, he will lose the most......" Walking out of the exchange, He Zilong was a little entangled in his heart.

There is no god in the stock market, I just don't know if I say this to Jin Lao, will people listen to him?

Jin Yong wrote a total of 14 martial arts from 1955 to 1970, according to conservative estimates, Jin Yong's global circulation has exceeded 300 million copies, and the rough statistics of remakes or films and television related to his works have exceeded 100, which can be described as "China's No. 1 IP".

When Ming Pao was founded, its capital was only HK$100,000.

By the time Ming Pao was listed in 1991, its market value had reached 870 million Hong Kong dollars, and Jin Yong held 60% of it. In 1992, the annual profit of "Ming Pao" had reached 100 million Hong Kong dollars, and Jin Yong ranked 64th on the Hong Kong 100 rich list with assets of 1.2 billion Hong Kong dollars.

Because he was famous and rich, Jin Yong was already a tycoon in the Hong Kong newspaper industry at this time, and he was a "newspaper gangster" in the Hong Kong press and even the media industry.

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At the same time that the Ming Pao newspaper was selling well and the stock price was soaring.

On the other side, in the general manager's office of Hong Kong's "Oriental Daily", Ma Chenghu was looking at the financial statements with an angry face.

Don't look at the many newspapers in Hong Kong, but there are only two or three that can barely compete with Ming Pao, of which Oriental Daily is one of them.

Ma Xiru is one of the founders of Hong Kong's Oriental Daily, founded on January 22, 1969, is one of Hong Kong's Chinese traditional Chinese newspapers, published by Oriental Press Group, claiming to be "the No. 1 seller in Hong Kong" for 29 consecutive years.

Ma Chenghu, as the eldest son in the family, could only take over this mess because of his father's accident. As the head of a large newspaper group, he was too young. But there is no way to have children, after all, the fathers were born to be mixed black, and it is difficult to wash the white, and they are taken off.

A descendant like him, who was born to do white things all the time, can barely wash his name and continue to do it.

Although in the beginning, the newspaper was used not only for money laundering, but also for drug information. But now, because of the establishment of the Hong Kong Independent Commission Against Corruption in 1973, groups of high-ranking officials and underworld bosses have been dismissed one after another.

The older generation of the Ma family was born in a triad, and after the incident, they all packed up and ran away, and "Oriental RI News" could only be carried by the younger generation.

"Ming Pao has been pressing us all the time, and now there is a newcomer Wang author, how can this be good......?

Throwing the financial statements on the table, Ma Chenghu gritted his teeth and muttered to himself.

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(End of chapter)