On September 23, 1979, after three days of operation, Zhang Junyi's more than 15 million Hong Kong dollars were finally spent, and a total of 6.08 million shares of Cheung Kong were acquired at an average price of 2.6 Hong Kong dollars per share. Pen @ fun @ pavilion wWw. ｂｉｑUｇE。 info Zhang Junyi saw that the goal was achieved, so he explained to Zhou Huaiyuan when he would throw the stock and wait for the notice, and went downstairs to go home.

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At 4 p.m. on 25 September 1979, Shen Bi chaired a meeting of the board of directors of HSBC to discuss the sale of Hutchison shares to Li Ka-shing. Coincidentally, at the HSBC board meeting to discuss the sale of Hutchison, the directors of Jardine Matheson and Swire were not present for some reason, and the meeting decided to agree to sell the shares to Li Ka-shing. Otherwise, the above two British-funded executives will definitely not vote for Li Ka-shing easily, and it will be difficult for Shen Bi to make this deal easily.

Hutchison management was not consulted in advance on the transaction, but only informed Hutchison CEO Willy after the meeting. Hutchison was betrayed by HSBC without his knowledge, to be exact, by his compatriot Shen Bi. The terms of the acquisition are also very favourable, with Li Ka-shing only having to pay 20% of the total sale price of $639 million immediately, with the remainder being deferred. It was later confirmed that the 20% deposit paid by Li Ka-shing was personally approved by Shen Bi to give a loan to Li Ka-shing himself a day earlier, and the price of 639 million yuan was very cheap, only 7.1 yuan per share. With a minimum value of $14.4 per share, Li Ka-shing can be said to have bought Hutchison at a large discount of 50%, and has received loan support from HSBC. The Hong Kong press circles have been causing a sensation all day long, and various newspapers and magazines have used eye-catching headlines to describe Li Ka-shing's successful acquisition in the style of "snake swallowing elephants" as like dropping an atomic bomb over Hong Kong, and its earth-shattering energy has not only caused a sensation in the whole of Hong Kong but also caused the stock market to soar.

The Far Eastern Economic Review described it as "the deal of the century that catapulted Li Ka-shing to the sky".

"Sing Pao" said: The day when a major British-funded bank fell into the hands of the Chinese is undoubtedly an important milestone in the history of the development of Hong Kong's capital consortium.

Hong Kong Economic Journal: Li Ka-shing's successful acquisition of the "snake swallowing elephant" is undoubtedly an exciting turning point in the history of Hong Kong's social history.

Li Ka-shing held the most exciting press conference since the listing of Cheung Kong, and Li Ka-shing, who has always been calm, could not hide his excitement and excitement, and announced in a proud tone: "On the basis of not affecting the original business of Cheung Kong Industrial, the company has made a greater breakthrough -- Cheung Kong has purchased the equity of Hutchison Whampoa Limited, a veteran British consortium of HSBC, with 90 million ordinary shares per share, at a price of 7.1 yuan per share. ”

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After more than half a month of stock market fermentation, Zhang Junyi once again stepped into the securities trading department of HSBC, and the upward trend of Cheung Kong began to stabilize, and the price has risen from the original 2.6 Hong Kong dollars to the current 8.6 Hong Kong dollars, an increase of more than 330%.

Entering his own special box, Zhang Junyi said to Zhou Huaiyuan: "It's okay, close the position, and strive to sell it all today." Hearing Zhang Junyitian's instructions, Zhou Huaiyuan did not ask any questions and began to make phone calls, and the position was closed quickly, and many shareholders felt that Changjiang Industrial was a super high-quality stock, and the market was in short supply.

"Mr. Zhang, the statistics are out" Zhou Huaiyuan said with a shocked face: "After deducting the handling fee and leverage, the total fee is 52.15 million. No wonder Zhou Huaiyuan was not shocked, he witnessed the birth of a half-billionaire in less than half a year.

"Good! Thank you! I'll come back tomorrow, and we'll start operating futures tomorrow, and you can help me apply for 10 times leverage! After this time, you will be given a big red envelope! Zhang Junyi laughed and said to Zhou Huaiyuan.

Zhang Junyi went to his home in Broadcast Road, sat on the couch and sipped tea while reminiscing about silver futures, also known as the Hunter Brothers silver manipulation case - the Silver Thursday incident: the success in the soybean market made Nelson-Hunter proud. At the same time, he was trading in another commodity, which was much more valuable than soybeans -- silver. After taking profits in soybean futures, the Hunter family was able to devote most of their energy to speculation on silver spot and futures, and they also found reliable strategic investors as allies in their monopoly of the international BY market. In fact, in September 1977, when the soybean futures lawsuit ended, the Hunter family had completed a huge hoarding of silver, and the price of silver had risen sharply as early as 1976. In the summer of 1979, the duel between the Hunt family and silver dealers from all over the world began. Nielsen Hunter, through the International Metals Investment Corporation, which it controls, has placed buy orders totaling 40 million ounces on the New York and Chicago futures exchanges. The "International Metal Investment Corporation" actually has only two groups of shareholders, the first group is the Hunt family, and the second group is the Saudi prince and the super-rich. Nelson Hunter and his younger brother William Hunter complete purchase orders through a number of Wall Street brokers, including large investment banks such as Hilson, Becky, and others. There was a huge amount of buying in the market, and the price of silver quickly rose from $6 to $11, but no one knew who was buying. The U.S. Commodity Futures Trading Commission (CFTC) examined the trading records and found that most of the buy orders came from the International Metals Investment Corporation, which is registered in Bermuda. After a closer investigation, the fox tail of the Hunt family is finally revealed. Soon, every dealer in New York and Chicago knew that the Hunters were the backstage bosses of the International Metals Investment Company, one of the richest families in the world! Interestingly, when the news spread that the Hunter family was manipulating silver, the price of silver continued to skyrocket, and many small speculators poured into the market. The reason is very simple, since the Hunter family is "banking" for silver, then small speculators should of course choose to "follow the bank", so that although it is very dangerous, there is a chance to make a lot of money. With the constant influx of speculators, the price of silver went crazy - from $11 to $20, then $30, and by the end of 1979 it simply exceeded $40! The ratio of gold and silver fell to around 12 times, hitting a new all-time low. On January 7, 1980, the New York Mercantile Exchange issued "Silver Rule No. 7" to deal with the brothers' hoarding. This new regulation specifically targets financial leverage and significantly restricts the use of margin to purchase commodities. The price of silver then fell by more than 50% in just four days, causing panic in the market as the Hunter brothers were unable to repay their debts by borrowing heavily to finance their silver purchases. On January 21, 1980, silver rose to its all-time high of $50.35 per ounce. In just 12 months, the price of silver has risen eightfold; Since 10 years ago, the price of silver has risen 25 times. Never before in the history of mankind has there been such a long, appalling bull market for a commodity! Shortly after the price of silver reached $50, the New York Mercantile Exchange issued a temporary rule: from now on, the creation of new silver futures contracts is prohibited, and only the liquidation of old contracts is allowed. This means that the Hunter family will no longer be able to buy any silver from the futures market, and the total number of silver futures contracts will only continue to decrease, and no one can manipulate the price by buying or selling large quantities. This was the last straw that broke the camel's back, and the Hunter family collapsed. On March 25, 1980, the price of silver fell sharply, and the Hunter family was required to make a large margin payment. Executives at Becky's firm called Nelson Hunter and demanded that he immediately make a margin payment and return the $135 million borrowed money or force sell the Hunter family's silver futures – meaning Wall Street had abandoned the Hunter family. Now, there is only one path left before Nelson Hunt – sell off the family business, especially the lucrative oil fields, to raise money and pay back what is owed. So, Nelson Hunter contacted bankers everywhere, hoping to get a mortgage secured by the family estate. Unfortunately, this last effort failed, as Wall Street could not wait that long. On Thursday, March 27, the Becchi Company began forcibly selling the Hunter family's silver futures on the market. Other Wall Street brokers followed suit. The price of silver collapsed, and so did the Hunter family.

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The next morning, Zhang Junyi came to his exclusive trading room, and then Zhou Huaiyuan also came in, "Old Zhou, this futures operation will also trouble you." “

"It is my honor to witness Mr. Zhang's miracle, I don't know where Mr. Zhang's futures operation starts, 10 times leverage has been prepared, but once the loss exceeds 10%, we will force the liquidation." Zhou Huaiyuan replied.

"How much is silver per ounce in the international market right now?" Zhang Junyi asked casually.

"Now that silver is $9.2 per ounce, is Mr. Zhang going long silver?" Zhou Huaiyuan asked, and then said: "Silver has been growing significantly in recent years, and it has increased more than four times since 76, and it is too risky to go long silver, Mr. Zhang!" “

"Yes, go long silver, buy silver with all your funds, immediately!" Zhang Junyi commanded in a deep voice, no wonder Zhang Junyi was so eager, after all, he knew how powerful the growth of silver was, and it was possible to lose tens of millions in an hour at night.

It wasn't until all the purchases were completed that the average price of silver purchased by Zhang Junyi was $9.6 per ounce, and Zhang Junyi was completely relieved. Then Zhang Junyi is waiting to reap the profits of the futures market.

"Unless it's a loss close to closing, I won't be able to come at any other time!" Since Zhou Huaiyuan had his own contact number, Zhang Junyi was very relieved to pretend to explain Zhou Huaiyuan and took a taxi home.