Chapter 2 Stock Market Vertical and Horizontal (I)
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Zhang Junyi, who had eaten a full meal, returned to his study, made a cup of fragrant tea, and thought about his future development direction while drinking fragrant tea.
First of all, the first step is to accumulate as much capital as possible in the stock market through the existing funds in hand, and then in July 1981 to grab the original funds for the development of the industry, which Zhang Junyi thinks is not very difficult, after all, the future trend of the financial market is too simple for himself, and the growth rate of the stock market every year is shown in his mind. While thinking about his future development direction, Zhang Junyi thought of the changes in the stock market of Xiangjiang from 1979 to 1981: in 1979, the Hong Kong stock market opened at 495 points, rose to 568.9 points on February 5, further rose to 625.78 points on August 13, closed at 762.45 points at the end of November, and climbed to 879.38 points at the end of the year, with an annual increase of 77.6%, and a total trading volume of 25.633 billion yuan, a slight decrease of 6.6%. In 1980, the stock market continued its 79-year upward trend, maintaining strong momentum, reaching 963.17 points on February 15, and then began to fall due to the influence of fundamental factors, reaching 728.9 points on March 19, a decline of 24.3% in one month. The stock market broke through 1,000 points in June, peaked at 1,654.57 points on November 13, and rose 915.65 points, or 124%, in eight months. After that, it fell by 30% in one month, and closed at 1473.59 points at the end of the year, up 67.6% for the year, with a total turnover of 70.041 billion yuan, an increase of 273.2%. In 1981, it rose to 1650.5 points on February 4 at the beginning of the year, then gradually fell to 1332.3 on April 14, and then resumed its rise, rising to an all-time high of 1810.2 points on July 17, successfully surpassing the historical record of 1774.96 points set in 1973. After that, it fell to 1113.77 points on October 5, down 38.3% in two months, affected by unfavorable external news. At the end of the year, the index closed at 1,405.82 points, a slight decline of 4.6% for the year. The total trading volume reached 105.97 billion yuan, up by 10.8%. 3. In 1982, the index fell to 1125.36 points on March 8, and then rose to 1413.47 points on May 26 due to the optimism of the progress of the central negotiations, becoming the highest point in the middle of the year. After that, it fell repeatedly to 937.28 points on August 16, and in three months, it fell by 33.7%. After that, it rose to 1121.85 on September 22. After that, it began to fall again, falling to 676.3 points on December 2, a decline of 40% in two months. The index ended the year at 783.82 points, down 44.2% for the year, and the total volume was 462.72 points, down 56.3%. Throughout the year, the stock market has fluctuated around the course of the Sino-British negotiations, and the overall atmosphere has been shrouded in pessimism.
The second step is to develop the industry through a large amount of funds in hand, and enhance their influence as much as possible, after all, it is easy for the government and wealthy tycoons to become serious Tang monk meat with money and no influence. Media groups are the biggest shortcut to enhance their influence first, after all, there is no powerful weapon of the Internet water army in this era, so the media force composed of TV stations and newspapers is its own water army, which can not only protect themselves but also hack others.
"Other industrial development can only take one step at a time, and the most important thing now is to accumulate their own original funds," Zhang Junyi said to himself.
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On May 1, 1979, half a month has passed since Zhang Junyi's crossing, during which Zhang Junyi reluctantly sold the high-end apartment in Causeway Bay at a price of 1.8 million Hong Kong dollars. Counting the money from the sale of the property, the total assets that you can use are a total of 4.6 million Hong Kong dollars.
On May 2, 1979, at the gate of the Xiangjiang HSBC Bank, "Zhang Junyi, the head of the Xiangjiang stock market, is here, are you ready?" Zhang Junyi looked at the towering building in front of him and muttered to himself, revealing a confident smile. Zhang Junyi followed the sign to the securities department on the 4th floor of HSBC, "Hello, I want to open an account." When he came to the front desk to handle the business, Zhang Junyi explained his intention.
"First of all, the account holder must be at least 16 years old and hold a Xiangjiang ID card, if you entrust others to open a securities account, you must also provide a notarized letter of entrustment, the agent's original valid identity certificate, 2: When opening a securities account, you need to fill in the "Securities Transaction Account Opening Document Signing Form" and "Securities Customer Risk Tolerance Assessment Questionnaire" 3: If you have never opened a securities account, you need to fill in the "Application Form for Registration of Securities Account of Natural Persons" 4: If you are an investment agent in the stock market, you need to fill in the " Share Transfer Risk Disclosure Letter "5: You must pay a deposit of 1,000 Hong Kong dollars to open an account," the salesman of the securities department said with a professional smile and handed over the account opening contract.
After more than ten minutes, Zhang Junyi carefully read the contract and found that there was no problem, and said: "There is no problem with the contract, I have to pay a deposit of 4.5 million." Zhang Junyi is ready to leave only 100,000 Hong Kong dollars as his daily expenses.
When the salesman heard that Zhang Junyi was about to pay a deposit of 4.5 million, he suddenly trembled and asked, "4.5 million Hong Kong dollars?" and then saw the cash check of 4.5 million Hong Kong dollars handed over by Zhang Junyi, and said in a somewhat anxious tone: "Your funds are beyond my management scope, and you must let the manager come forward to hand over, you can drink a cup of tea first and wait for a while." As he spoke, the salesman helped Zhang Junyi make a cup of tea and led him to the rest area, and then walked towards an office.
A few minutes later, the salesman came over with a man of medium stature and slightly chubby about 3 or 40 years old, came to Zhang Junyi's side and introduced: "Hello Mr. Zhang, this is the business manager of our securities department, Zhang Minghui, Manager Zhang. β
"Hello, contemptible Zhang Minghui, business manager of the securities department of HSBC, HSBC would like to thank Mr. Zhang for joining with his funds. Zhang Minghui and Zhang Junyi shook hands and shook hands.
"Hello Manager Zhang, I'm Zhang Junyi. Zhang Junyi introduced himself.
Zhang Minghui nodded with a smile and said, "Mr. Zhang, why don't we come to my company for a while, and I will immediately send someone to handle the relevant procedures for you." β
Zhang Junyi followed Zhang Minghui to his office, the two sat on both sides, Zhang Minghui personally made a cup of tea for Zhang Junyi, and then called the salesman who had just provided consulting for Zhang Junyi to take Zhang Junyi's ID card and check to go through the account opening procedures for Zhang Junyi. During the period, Zhang Minghui said" Mr. Zhang, your funds have been enough to meet the standard of our HSBC VIP customers, you can have our bank's dedicated VIP operation room, we HSBC provides you with two kinds of services: one is to strictly follow the customer's requirements, this service our bank charges a commission of two thousandths, the customer is responsible for their own profit and loss; the second is that the customer will take care of the funds to us, we operate freely to ensure the customer's income, after all, we have professional analysts, this kind of commission we charge is one percent. β
Zhang Junyi nodded and continued: "I need the first kind of service to be able to strictly implement my requirements." Hearing Zhang Junyi's request, Zhang Minghui said: "There is no problem at all, and our settlement here is much faster than other places, we will send professional traders to provide you with one-to-one service, you can let Zhou Huaiyuan, who just provided you with advice, can you provide services, he has 3 years of stock trading experience and no mistake record at all!"
"Yes!" Zhang Junyi nodded.
Seeing Zhang Junyi nodding in agreement, Zhang Minghui put his mind at ease, whether Zhang Junyi made money or lost money during the stock speculation, the bank received money, and the bigger the capital, the more the bank earned. Zhang Minghui smiled and said, "Mr. Zhang, I'll take you to your exclusive big room!" said as he stood up and led Zhang Junyi to the place where Zhang Junyi was about to fight in the future. Came to the exclusive large room, which has a set of sofas, a telephone and a water dispenser, a few pots of green plants and a plate of rich money trees, the scenery is good, the air is also clear, Zhang Minghui said to Zhang Junyi: "Mr. Zhang, wait a minute, I'll bring it to Xiao Zhou." Zhang Junyi nodded, walked to the window and looked at the scenery outside.
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Time came to September 20, 1979, Zhou Huaiyuan bought low and sold high under Zhang Junyi's instructions, and after more than 4 months of fighting, Zhang Junyi's funds more than tripled from 4.5 million to more than 15 million.
"Mr. Zhang, hello", Zhou Huaiyuan hurriedly said hello when he saw Zhang Junyi coming in.
"Okay, I've worked hard for you for more than 4 months!" Zhang Junyi responded to Zhou Huaiyuan as he walked into the house. Zhou Huaiyuan quickly followed Zhang Junyi into the room and closed the door, Zhang Junyi said: "Build a position immediately, Changjiang Industrial, what price is it now?"
Zhou Huaiyuan immediately entered the working state, picked up the phone and began to ask, and replied, "Mr. Zhang, the current price of Cheung Kong is now 2.2 Hong Kong dollars per share. β
"All the funds in the account are all purchased by Cheung Kong Industrial, how much can you collect!" Zhang Junyi said in a deep voice. With Zhang Junyi's order issued, Zhou Huaiyuan could get busy, the phone kept calling, answering, hanging up, answering and hanging up, repeating the same action.
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