Shaojie Fund accurately grasped the opportunity to go short and long at the Hong Kong dollar exchange rate, and earned 3 billion Hong Kong dollars.

At the end of October '83, it quickly spread throughout Hong Kong. Because of this news, there is no corroboration for the time being, and it can only be regarded as gossip.

However, in November, the Hong Kong Stock Exchange disclosed that the "Shaojie Fund" had gradually increased its holdings of more than 98 million shares of Hutchison Whampoa, with a market value of 200 million Hong Kong dollars! In addition, it holds 50 million shares of HSBC, with a market value of HK $700 million.

In addition, Shaojie Fund also holds a number of blue-chip stocks, including Cheung Kong Industrial, Sun Hung Kai Properties and so on. Overall, the market value of the shares held by this fund in the market has reached more than HK$1 billion.

After this news came out, Hong Kong was shaken!

"Zhang Shaojie has gone from a writer to a stock god, and he has made billions of dollars in the financial market, and his net worth is comparable to Li Ka-shing!"

"Extra, extra! Zhang Shaojie is optimistic about the Hong Kong economy, invests a lot, and holds stocks of HSBC, Huangpu and other companies! ”

"From writers, entrepreneurs, to financiers! Zhang Shaojie's luck is unstoppable! ”

In major newspapers, they are vying to report Zhang Shaojie's recent revelations. However, this also brought Zhang Shaojie a lot of trouble, such as many book fans writing letters asking if they planned to invest in the future and gave up writing books.

Zhang Shaojie replied naturally no, making money is just a strategy, hobbies are the fundamental purpose, writing, film and television, music, ACG and other industries are not only fun, but also can become a career, Zhang Shaojie will naturally not give up these main businesses.

"Shaojie, did you really make billions?" After Mei Qiming heard the news, he almost stammered in disbelief.

"I made more than 3 billion yuan!" Zhang Shaojie smiled indifferently.

"Hiss" Mei Qiming gasped, "Brother-in-law, then you have to help me." You used to say that you expected the bull market to come in '84, is it true? ”

Zhang Shaojie nodded and said: "Now the valuation of the Hong Kong stock market is very low, and it can be said that it is full of gold. Pick some stocks with good quality, and most of them will have better returns in the future. However, I look to the future and invest in the long term, preferring big blue chips such as Hutchison Whampoa, HSBC and Cheung Kong Holdings, although these stocks may not rise as well as some demon stocks in a big bull market. However, these companies have stood the test of time! ”

"Hehe, brother-in-law, this time I also bought stocks such as Hutchison and HSBC in a scattered manner, and made up my mind to invest in the long term!" Mei Qiming said shyly.

Investors' "determination" is actually not reliable, and they will change their minds at any time due to market factors. Later, some people sarcastically said that shareholders can really value invest unless they are put in a prison where they cannot be traded, and after a few decades, they are released. It is possible to share the growth and return of excellent companies.

Ordinary small stockholders, who have bought shares of excellent companies countless times and thrown them away countless times, it is difficult to buy a good stock when it is cheap and hold it scientifically for a long time.

In this regard, Zhang Shaojie just smiled indifferently and said: "If you really hold it for more than 20 years, you will definitely be able to become a rich man in the future."

———————————— Li Ka-shing was 79 years ago, he successively acquired the shares of Hutchison Whampoa, which was worth 6 billion assets at that time. At that time, Li Ka-shing acquired a 39.6% stake at a consideration of HK$1 billion and became the owner of Hutchison Whampoa. Achieved the feat of swallowing an elephant and became a first-line real estate developer in Hong Kong.

However, by the time of '83, Hutchison Whampoa's total market capitalization in the stock market was only HK$1 billion. The market value of Li Ka-shing's shares has shrunk to more than 60%.

On the surface, Li Ka-shing seems to have suffered the boss's loss.

In fact, many of Hutchison Whampoa's projects have entered the stage of profitability.

In particular, some of Hutchison Whampoa's real estate development projects have land from Hutchison Whampoa's shipyards and factories decades ago, or even a hundred years ago, and the value of these lands has actually been underestimated by more than ten times. After Li Ka-shing bulldozed these loss-making factories and developed the land into apartments, the cost was half lower than that of other real estate developers!

Even if the price of real estate has fallen by more than half compared with 81 years at this time, as long as these properties can be sold, they can also make a big profit.

In 83 years, Hutchison Whampoa completed more than 10,000 sets of real estate, mainly about 500 square feet of apartments.

Even if it is sold at a low price of HK$600 per square foot, it is worth 300,000 sets. Therefore, if all of these completed properties can be sold, it will bring in HK$3 billion in sales.

The funds used by Hutchison Whampoa to develop these properties are only more than one billion Hong Kong dollars, and if they are all sold, they can make a profit of 2 billion!

Li Ka-shing has been working hard throughout the year. These properties have been sold for seventy-seven eighty-eight, and they have already obtained more than 2 billion sales revenue.

The remaining more than 4,000 real estate units, as well as commercial facades, have not been sold, and Hutchison Whampoa has also put up advertisements to operate for a long time in the form of rental to make a profit.

Zhang Shaojie went to the headquarters building of Cheung Kong and met Li Ka-shing for the first time.

Li Ka-shing said with a smile: "Zhang Shaojie, you are so powerful, you have unknowingly become the second shareholder of Hutchison Whampoa!" I heard that you made a lot of money by speculating in foreign exchange, did you intend to rob the old man with me? ”

Zhang Shaojie smiled bitterly: "Hutchison's business problems, 10,000 Zhang Shaojie is not as good as Li Ka-shing. For example, this year, the real estate developed by other real estate developers, even if the quality is good and the location is excellent, it is difficult to sell. However, more than 10,000 sets of real estate developed by Hutchison have been sold out by relying on your reputation, making Hutchison make a lot of money! Therefore, only Hutchison under your control will have investment value. ”

Li Ka-shing was praised by him and said with a smile: "The back waves of the Yangtze River push the front waves, and it took me more than 30 years to have such a net worth now." But, Niu Boy, in three years, you will be able to be on an equal footing with me. I want to see that you are worth ten times more than I do. If your Shaojie's company goes public, I will definitely invest in it! ”

"Really?" Zhang Shaojie said with a smile, "That relationship is good, in the future, I do have the intention of listing Asia Television, Longteng Entertainment, Tianxia Publishing, Xiaobawang, and Baolong Film Company." When the time comes, you will be invited to become a shareholder! ”

"With you Zhang Shaojie, it is enough to make these companies have absolute investment value!" Li Ka-shing could not help but praise with beautiful words.

This old and young discussed a lot of business issues.

Zhang Shaojie talked about it during the period, Hong Kong's environment of more people and less land determines that property prices will become more and more expensive. However, excessively high property prices will hurt Hong Kong's own economic vitality. For most citizens, the cost of labor is siphoned off by rent and instalment payments. The development of other industries such as culture, science and technology, which are more competitive and more beneficial to Hong Kong, will be affected.

Zhang Shaojie suggested that in the future, Hutchison should fulfill its responsibilities as a large enterprise and make money in real estate, and should gradually optimize Hong Kong's industrial structure in some technology industries that are difficult to make profits in the short term, but have technical thresholds. Gradually let Hong Kong move from the current low-end industry to the high-end industry.

Industries such as real estate, finance and services cannot be used as the foundation of Hong Kong's economy. Otherwise, Hong Kong's economy will only be hot for a short time in the future, and in the long run, it will become more and more lacking in prospects and competitiveness.

What does it mean to be competitive? It is to be able to continue to innovate, continue to export products, make money from foreigners, tap foreigners' talents, and control foreigners' resources. A competitive industry is one that can constantly carry out economic aggression against other economies, so that the wealth, resources, and talents of other economies can be used for themselves.

However, the industries that are not competitive, such as real estate, finance, and services, basically belong to the nest fighting, distribute wealth, but rarely create wealth, and it is difficult to promote social progress. Even, the excessive development of these industries will lead to uneven distribution and further chaos in society.

Li Ka-shing smiled and said, "You are a shareholder of Hutchison, so this can be regarded as your suggestion." Although I don't know much about high-tech industries and cultural industries, it doesn't prevent me from agreeing with diversification. In fact, the next step for Hutchison is to make money in real estate, invest in resource-based companies overseas, and take the opportunity to merge some commercial, telecommunications, pharmaceutical and other enterprises in Hong Kong. Hutchison Future is definitely not only a real estate company! ”

This time, after Zhang Shaojie and Li Ka-shing fully communicated, it was obvious that the mutual jealousy and worries in the hearts of the two had dissipated. Zhang Shaojie said that he did not plan to compete with Li Ka-shing for a controlling stake in Hutchison, and Li Ka-shing naturally promised that Hutchison would operate well and give shareholders a generous rate of return in the future.

Speaking of the rate of return, Li Ka-shing said that when he audits the '83 annual report next year and holds a general meeting of shareholders, he intends to implement high dividends.

More than 80% of the profit in 83 years will be returned to shareholders in the form of cash dividends, and at that time, it will be a surprise to all shareholders.

Zhang Shaojie thought to himself that the sales proceeds of Hutchison Whampoa Company in the fourth quarter were basically recovered, and the dividend plan announced in the annual report in the first half of 84 years was mostly a staggering 2 billion Hong Kong dollars.

If it is a company with a market value of more than 300 billion yuan in the 21st century, the dividends of billions of dollars do not seem rich. However, this year's Hutchison Whampoa has a total share capital of about 500 million yuan and a dividend of 2 billion, which is equivalent to a dividend of 4 yuan per share.

At this time, Hutchison Whampoa's stock price was only two yuan per share, and the cash dividends actually exceeded the stock price, which is undoubtedly a shocking generosity.

In the future, no matter which listed company claims to be generous in dividends, it cannot be compared with 84 years of Hutchison!

(To be continued)