Chapter 433 - Selling Stocks on a Spree
Li Feiteng did not stay in Junlong for long, and after he arranged the work, he announced that Liu Hong would be the general manager of the company, and he would be fully responsible for the development of Junlong's point card platform.
Because he has more important things to do.
In the 1998 Battle of Xiangjiang, Li Feiteng's entire net worth was pressed on the Xiangjiang stock market, although he personally sold it once, and obtained 1.4 billion Hong Kong dollars of funds back, but at that time in the Xiangjiang stock market, he still owned more than 8 billion worth of stocks.
In the past year, because of his accident, Ru Lynch did not advocate selling a large number of stocks, so Li Feiteng once borrowed a total of 8.1 billion shares to raise a total of more than 13 billion yuan.
On the sofa at home, on the coffee table there was a printed copy of Ru Lynch's mail, Li Feiteng looked at the number of stocks she sent page after page, he took a pen and measured, thinking about which stocks to sell and which to keep.
An Miaomiao was also counting another account on the side, she raised her head halfway and said, "Brother, you still owe the bank 4.8 billion now." ”
"Is it so little?" Li Feiteng asked very curiously, he had at least 6 billion loans, and only 2.1 billion for individuals, of which several hundred million were borrowed from friends.
"Yuan Yuan sold 2% of the shares of Longteng Technology Group to pay back to the bank, as well as the money you borrowed from friends. An Miaomiao hurriedly explained.
After Li Feiteng heard this, his mood was immediately not good, 2% of the shares of Longteng Technology Group, after ten years, at least worth more than 2 billion US dollars, actually used to repay bank loans, too much loss!
"Alas, a loss is a loss!" he could only stand on Gao Yuanyuan's position. After all, after his own accident, the bank and some friends. will be worried that this account will be difficult to repay, so she can only exchange the big head for the small head.
After a day of understanding. Li Feiteng finally chose to hold the shares of several real estate and pharmaceutical companies, worth about 1 billion, and as for the remaining 12 billion or so shares, these are to be sold in batches.
As for how much money he can make, he roughly estimated that after all the selling, he would probably get about 9 billion Hong Kong dollars, because the more the stock is sold, the more it falls, and it is impossible for him to sell it little by little. If the market wants to recover this large amount of money, it will take at least more than half a year to do it.
According to 9 billion Hong Kong dollars, Li Feiteng repaid the remaining 4.8 billion Hong Kong dollars from the bank, which was only 4.2 billion Hong Kong dollars.
After investing for a year and a half, he finally earned about 2 billion Hong Kong dollars, but he lost 2 billion US dollars in the future, tens of billions of Hong Kong dollars.
It's a real loss. If Li Feiteng does not invest well in the future, his net worth assets will definitely be slowly reduced, and this year's delay will be delayed. completely pulled his dream of being the richest man in the world away.
However, the stock has not yet begun to sell, and Li Feiteng is not sure how much money he will get.
Tuesday, February 22. After receiving his instructions, Ru Lynch began to sell a large number of blue chips in his hands. In one day, 1 billion worth of shares were sold out. The first temptation was made.
However, the citizens took over, which made Li Feiteng a little dumbfounded, and he felt that maybe his memory was too long, and the people of Xiangjiang had forgotten 1998 and regained their confidence in the stock market.
After the first test worked well, in the following days, Ru Lynch sold a large number of stocks again, and by the close of trading on Friday afternoon, a total of about 5 billion worth of stocks were sold, realizing the return of a large amount of money.
There is no doubt that the 5 billion yuan with a year's interest was all returned to Huaxia Bank, and Li Feiteng only had 32 million yuan left.
He is nervous about the opening of the new week, because in the four days of this week, there have been a lot of blue-chip stocks sold, and the total value of his shares in the Xiangjiang stock market has fallen to 6.5 billion Hong Kong dollars, although it is better than ideal, but it is still difficult to say how much will be left to throw these out.
"Boss, what's your plan for next week?" Ru Lynch called from Xiangjiang and asked.
Li Feiteng held the phone, he took a deep breath, and said, "Has the Xiangjiang Financial Authority ever looked for you?"
"Nope. She hurriedly replied.
"Well, keep selling until the price is below the highest 10%, then stop selling. Li Feiteng ordered.
After this phone call, in the new week, the Xiangjiang stock market entered a large number of daily trading volumes, and he contacted Ru Lynch on the phone every day, and he wanted to remember the information of each stock.
After five tense days, Li Feiteng withdrew HK$2 billion from the Hong Kong stock market, and he left the stock market with a current value of HK$3.2 billion.
The plan will never catch up with the changes, if he continues to sell the 3.2 billion Hong Kong dollars of stocks, regardless of the price, he will definitely lose a lot in the end, so Li Feiteng can only be slaughtered, he does not sell stocks this time, in the next few years, it is really difficult to predict whether the Hong Kong stock market will fall or rise.
"Even if he made 3.2 billion!" Li Feiteng sighed and wrote on the paper, he wanted to have more capital, but the Xiangjiang stock market was really not very powerful, and it was only possible for him to make up enough loans, but it was difficult for him to make money.
After such a time, he is not ready to invest too much money in the stock market again.
"Oops! How did I forget about Microsoft and Apple stocks. Li Feiteng patted his head, and he hurriedly called Ru Lynch again, informing her to start selling all the shares held by the two companies.
He has 8 million shares in Apple, and Apple's stock price has risen from about $7 when it was first purchased to $40, and the value of Apple's stock alone is $250 million.
As for Microsoft, he owns 1.052 million shares, which were originally purchased at $76, and now the stock price has risen to $120, which is also worth about $126 million.
"Sell off the shares of Apple and Microsoft, and then wait for the low price to buy all the shares of Apple!" Li Feiteng squinted, he has no energy to develop mobile phones, but a total of more than 300 million US dollars in capital, and after this year's Internet bubble, Apple's stock price will definitely fall below $7.
At an average purchase price of $7 to $10, and then $300 million in purchases, at least more than 30 million shares of Apple can be obtained.
After this purchase, Li Feiteng didn't know how to speculate in stocks in the future, because he had lost most of his rebirth memories and could only continue to do the Internet. (To be continued......)