Chapter 11 Speculation

The financial market is like a huge magnet, attracting countless speculators to indulge in it. This market is not so much a playground for everyone to participate in, but a huge battleground.

Idealists, devastated by the market, have learned the truth of pragmatism. People with shallow thoughts, in just a few years, have experienced more joys, sorrows, and sorrows than ordinary people in a lifetime, so as to comprehend philosophical truths. Zhuge is a wise man who knows that too many accidents can shake the self-confidence of "wisdom beads in hand".

At one moment, the financial market may be bright in spring, but in the next moment, it may turn into a storm. One moment it hurts, the next moment it may be a twist and turn.

It is these uncertainties that make this market full of religious mystery and charm!

Zhang Shaojie came to Sun Hung Kai Securities Company excitedly.

Zhang Shaojie looked at the trading hall curiously, because this is a bull market, everyone here looks confident and radiant.

Witnessing this scene, Zhang Shaojie's mood was also infected with ambition!

Sun Hung Kai Securities is undoubtedly one of the most famous securities companies in Hong Kong, and its founder, Fung King Hei, is known as the "securities king" by Hong Kongers.

Sun Hung Kai was not the first Chinese securities company in Hong Kong, but it was the most influential securities company in Hong Kong.

It can be said that this company is a microcosm of the gradual development and regularization of the Hong Kong stock market since the 60s

Before Sun Hung Kai Securities was founded, Hong Kong's financial market was small and largely a game for the British colonizers. However, after World War II, Hong Kong's economy developed rapidly. Chinese capital began to obtain financing opportunities in the stock market, and the enthusiasm of Chinese citizens to invest in the stock market began to increase.

At the same time, major institutions have targeted the booming securities brokerage market.

After years of baptism and big waves, the initially inconspicuous "Sun Hung Kai Securities" has become the largest securities brokerage company in Hong Kong.

Sun Hung Kai Securities Company was able to have such brilliant achievements, and the founder Feng Jingxi made great contributions!

Speaking of Feng Jingxi, we have to mention his two friends Kwok Tak-sheng and Lee Shau-kee - in the late 50s, the population of Hong Kong increased sharply, and the real estate industry was booming, and it was difficult for ordinary small businessmen to develop in the real estate market with their funds, and it became a shortcut for many people to jointly operate and start a business. During that period, Fung King-hei, two friends, Kwok Tak-sheng and Lee Shau-kee, raised funds to establish Sun Hung Kai Properties.

All three of them were capable people who bought properties during the property market crash in the '60s and sold them at a high price when the market was good. After making several outstanding achievements, the joint venture "Sun Hung Kai Properties" quickly became a first-class real estate group, and these three people are known as the "Three Musketeers of Real Estate".

However, in the early 70s, the "Three Musketeers of Real Estate" began to break up amicably and develop separately.

Today, the Kwok family's "Sun Hung Kai Properties" and Lee Shau Kee's "Henderson Land" have become one of the most famous real estate chaebols in Hong Kong. The wealth of these two families is enough to be on par with that of Hong Kong's famous real estate tycoon Li Ka-shing.

Feng Jingxi chose to engage in the securities brokerage industry because the development speed of Hong Kong's securities market in recent years has not been as fast as the real estate market. Therefore, Feng Jingxi's wealth growth rate is gradually inferior to the original two friends.

When the Guo family and the Li family were worth more than 10 billion, Feng Jingxi's personal wealth was only a little over one billion.

Of course, Sun Hung Kai Securities has made an annual profit of more than HK$100 million, and has become the securities hegemon in Hong Kong.

Zhang Shaojie even knew that Feng Jingxi was extremely cautious and did not like to take risks because of his experience of business bankruptcy due to accidents several times in his early years.

Feng Jingxi's "timid" surname enabled Sun Hung Kai Securities to avoid numerous financial disasters, and until 30 years later, its reputation is still quite strong.

Therefore, if you invest in stocks now, choose to open an account with Sun Hung Kai Securities, at least you will not worry about unexpected losses caused by the collapse of securities brokerage companies, defaults and other factors!

Seeing Zhang Shaojie's fresh face, he looked around in the middle of the trading hall, and a man in a suit walked over briskly not far away.

"Sir, how can I help you?" The man in the suit smiled.

Zhang Shaojie saw that the man's work card was hanging in front of him - obviously, he was a securities broker!

"Help me open a securities trading account, and in addition, 30,000 yuan to buy 'Hanmei Enterprise'!" Zhang Shaojie said indifferently to this celebrity.

"Hanmei Enterprises? Well, according to the Hong Kong stock information published by Sun Hung Kai Securities, it shows that most of the company's main business has basically been sold out for debt repayment. Wouldn't it be better to avoid such junk stocks as much as possible and choose some excellent companies such as HSBC and Henderson Land? ”

Zhang Shaojie shook his head and smiled: "However, if the new major shareholder is willing to inject high-quality assets and restructure the company's business, will there be an expected explosion of expectations?" ”

"You said Jianing Company? Hehe, God knows that little Jianing, that came to conjure up more than 200 million to acquire Hanmei! In fact, industry insiders are not optimistic about the development prospects of Jianing after the acquisition of Hanmei! "This broker is obviously more cautious.

Through conversation, Zhang Shaojie knew that the broker's name was Chen Shaohe, who had been working at Sun Hung Kai Securities for almost 5 years, and at this time, he was already a broker and the deputy manager of this sales department.

After many years of experience in the securities market and the research reports of Sun Hung Kai Securities, Chan is well versed in the basic information of most listed companies in Hong Kong.

"I'm betting on the hype after Jianing borrowed Hanmei!" Zhang Shaojie said with a smile.

Chen Shaohe asked in surprise: "Are you so confident that your judgment is correct?" ”

Zhang Shaojie said with a smile: "It's rare to fight a few times in life!" This time, 'Jianing' acquired 'Hanmei', and Zhan Peizhong, a veteran trader, participated! According to Zhan Peizhong's surname, I don't believe it, this is an honest and unhyped acquisition! ”

Chen Shaohe is just a securities broker, and when he heard that the customer was so determined, he had no choice but to say: "Okay, whatever you want, good luck!" ”

Zhang Shaojie got his own securities trading account, and waited until 26,000 shares of Hanmei Enterprise were transferred to his account, and then left the securities trading floor satisfied.

"Hanmei Enterprise" is a typical garbage company, which has lost its investment value due to poor management many years ago.

The greatest value of such a company is not the company itself, but the value of shell resources that it naturally possesses as a listed company.

The current share price of "Hanmei Enterprise" is less than 1 Hong Kong dollar, and if you buy it completely, it will only be 300 million yuan!

Historically, it was mainly Chen Songqing, Zhan Peizhong and others who completed the backdoor of "Jianing Real Estate" and hyped it with the popular concept of "real estate".

Chen Songqing is the CEO of Jianing Group, while Zhan Peizhong is a well-known trader in the Hong Kong stock market.

In 72, a Singaporean bankrupt businessman, Chen Songqing, set up a pesticide company in Hong Kong called Jianing, and later, gradually expanded the business to the real estate industry. Soon after, Chen Songqing established the "Jianing Group".

By 1979, the assets of the entire Jianing Group did not exceed 10 million yuan, but Chen Songqing, with the cooperation of the gold medal dealer Zhan Peizhong, bought 75% of the shares of the "Hanmei" company with a market value of several hundred million yuan from the Baoguang Group, and put his Jianing company's real estate business into "Hanmei", and Hanmei changed its name to "Jianing Real Estate"!

After that, "Jianing Real Estate" cooperated with each other through market makers and listed companies to speculate on the concept and throw away false performance. In 1980, the junk stock "Hanmei", which had a stock price of less than 1 yuan, was renamed "Jianing" through a backdoor listing and hyped to more than 3 yuan, and then soared to 17 yuan a few months later.

Because the media is full of beautiful publicity, and Jianing Real Estate is also generous with continuous dividends and shares. So much so that many investors are convinced that Jianing Real Estate has made amazing profits through the real estate industry.

It's all a scam, though! It wasn't until 82 years later that the truth kept coming out.

It turns out that the so-called excellent performance of Jianing Real Estate is all book fraud. The huge dividends previously paid to shareholders were actually loans borrowed from banks.

Jianing's performance was fraudulent, insolvent, and the deeds of tens of billions of debts were exposed, and the entire "Jianing myth" collapsed.

Zhang Shaojie is convinced that the habitual surname of history is difficult to stop!

The restructuring of Hanmei Enterprise and Jianing Real Estate is not a short-term speculation at all, but a large-scale plan for the capital giants behind the scenes, carefully planned and planned for several years!

Now, half of this plan has been successfully carried out. The acquisition of "Hanmei Enterprise" has cost more than hundreds of millions of Hong Kong dollars, and if there is no accident, the other party will definitely not stop the next plan!

"Chen Songqing, Zhan Peizhong, no matter how cunning you are, it will be difficult to stop me from grabbing a small piece of fat in your bowl!" Zhang Shaojie sneered in a low voice.

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ps: Thanks to the generous rewards of "Pure Demon Knife", "Crazy Bookworm", and "Blood Brake Demon Emperor".