As early as August last year (1966), an article published in Sing Tao Daily read: "I think there is no way out for Hong Kong, and millions of residents are confused".

In a poll of more than 18,000 households, nearly 25 percent of residents said they would emigrate elsewhere if they had a choice.

As a result, it is judged that about 1 million residents intend to leave Hong Kong.

Caucasians' racial discrimination and unfair policies and measures against people of color have become the most criticized by ordinary people.

At that time, Hong Kong's industrial manufacturing industry was facing "anti-dumping" by developed countries in Europe and the United States, and the manufacturing industry was struggling, while the collapse of the real estate market and the large-scale run on the bankruptcies of banks made the stock market even worse.

By the summer of 1967, Hong Kong's stock market had become a place of fear for retail investors, with stock prices plummeting, and people who wanted to sell stocks abounded, and only a handful of stocks dared to take risks to buy on dips...... This qiē was expected by Li Hualong a long time ago, and it was also what he wanted to see, when others were afraid, it was his crazy moment.

In early August, Li Hualong had breakfast at home, sat in the living room and read the newspaper, and saw an article in Ming Pao about the current Hong Kong stock market.

"The stock market in Hong Kong last week saw a large-scale collapse, due to the fluctuation of people's hearts, the price reduction sellers crowded, and the fall became even more miserable......

After reading this article, Li Hualong secretly had fun, although in the past two months, the Hang Seng stock index has continued to fall, but he endured not to enter the stock market, and now a number of listed stocks have become meat buns in his eyes, don't take a bite, sorry for his hungry stomach.

Li Hualong raised his head and looked at Li Yisong, who was also reading the newspaper, and said with a smile: "Abba, the stock market has fallen so much recently, and I think it's time to buy the dip." ”

Li Yisong was stunned when he heard this, put down the newspaper in his hand, stared at Li Hualong a few times, and asked, "Do you think the stock price will continue to fall?" ”

"It is likely to continue to fall. But. I think a lot of public company stocks are worth buying now. ”

Li Yisong pondered for a long time and sighed lightly: "You are not an immortal, it is impossible to know when the stock price will fall the lowest, as long as it will rise in the future, the stock price has fallen so much now, it is still worth investing and buying." ”

Li Hualong joked: "I really hope that after we buy a large number of stocks at a low price, the stock market will immediately turn into a bear market, and the stock price will double up." ”

"Do you think you're God?!" Li Yisong quipped, "If you invest in stocks, the return on investment is a little higher than the interest on the loan." ”

"Abba. Your requirements are too low. Li Hualong smiled, "Believe me, within a year and a half, the stock price will more than double." ”

"I hope so." Li Yisong smiled.

Compared with the peak period in the past, the prices of many stocks have fallen by more than 50%, and Li Yisong feels that as long as the situation in Hong Kong can be stabilized and the government introduces some favorable policies, it will not be long before the stock prices of many listed companies can double. But he didn't know when the turmoil would subside, and he even thought that there might be a situation where the Chinese Communist Party would regain Hong Kong, and if that happened, the shares of Hong Kong-listed companies would really turn into waste paper.

Li Yisong spread out the newspaper. I continued to look at it, looked at it for a while, looked up at Li Hualong, and asked, "Times Land." United Land, Chinese Estates, InterContinental Hotel. Holiday Inn, these shares of listed companies, are bought? ”

"Buy them all. Before, we sold stocks to cash out and got a lot of money, but now the stock price has fallen so much, and we have made money by buying stocks again, no matter what. However, when buying stocks, you need to pay attention to strategy. ”

"What strategy do you need to talk about when buying stocks?" Li Yisong asked with a smile, with some curious expressions on his face.

"Abba, that's the case, if a major shareholder of a listed company increases its shareholding and needs to announce the news, if the shareholding ratio exceeds 50%, a comprehensive acquisition will be triggered." Li Hualong explained.

"What does it mean to trigger a full takeover?"

Li Hualong paused and explained: "For example, I now own 48% of the shares of Holiday Inn, I think the company's stock price is undervalued, invest in the shares of Holiday Inn, there is no problem with increasing the shares by 1%, and there is no problem with increasing the shares by 1.99%, if it increases by more than 2%, then I will make a public bid within the specified time to acquire all the shares in the hands of other shareholders, and the purchase price cannot be lower than the price of the previous increase in shares...... Do you understand? ”

"Kind of understood." Li Yisong smiled slightly, thought for a moment, and then asked, "What if others don't sell it?" ”

"If you don't sell, you can keep it, this comprehensive acquisition can be regarded as ensuring the interests of minority shareholders and giving them a chance to sell their shares and cash out. As long as a shareholder holds more than 50% of the shares and becomes an absolute controlling shareholder, and continues to increase his shareholdings, there is no need for a full acquisition. ”

"Understood." Li Yisong suddenly realized, "less than 50%, not the absolute controlling shareholder, a company is not a person who has the final say, if the shareholders holding less than 50% of the shares increase their shares, crossing the 50% threshold, you have to sue all small shareholders, I want to be the absolute controlling shareholder, in the future I have the final say in the company, if you want to sell the shares, you can sell it, otherwise, you will miss this opportunity...... Oh, that's what it means. ”

"That's what it means." Li Hualong said with a smile.

Li Yisong glanced at Li Hualong twice, and asked again: "It's not difficult to avoid a comprehensive acquisition, and you can let your relatives buy stocks...... Is that okay? ”

"Yes, this is a small loophole in the Hong Kong Stock Exchange's stock trading rules. In fact, there is nothing, even if you are not a relative, you can find a good friend. Many listed companies are not controlled by one person, but several shareholders have a good relationship and hold more than 50% of the shares, and they can control it. ”

"Do you mean that you come to buy shares of United Land, and I will buy shares of other companies, so that one person does not hold more than 50% of the shares?"

"Yes." Li Hualong nodded with a smile, "I want to talk to my eldest brother and Ah Hu about buying stocks on dips, and I'll call them and ask them to come over for dinner in the evening." ”

Li Hualong stood up, walked a few steps, picked up the phone, and dialed the phone number of Li Huawen's house, and the person who answered the phone was Li Shengquan.

"Third uncle, if you call a minute late, my dad will go to work." Li Shengquan said with a smile.

"Looks like I had a lot of luck today." Li Hualong smiled.

Li Huawen took the phone and asked with a smile, "Ah Long, is there something wrong?" ”

"Come to my house for dinner in the evening, the whole family will come."

"Okay." Li Huawen smiled heartily, "Can you talk about something first?" ”

"Let's talk about it when you come, I'll hang up, don't bother you to go to work."

After Li Hualong finished speaking, he hung up the phone, and after that, he picked up the phone and dialed the phone number of Li Huahu's residence in Macao, and he knew that Li Huahu was now in Macao.

"Ah Hu, let's go back to Hong Kong today, and come to my house for dinner in the evening."

"Okay, even if you don't call me, in the afternoon, I'm going back to Hong Kong." Li Huahu smiled.

"How is the casino business lately?" Li Hualong asked casually.

"Not bad." Li Huahu yawned, "I slept late last night." ”

"What are you busy with?"

"Entertained a couple of VIPs last night. Ye Han killed all sides and made more than 300,000 yuan for the casino. ”

"That's amazing!" Li Hualong smiled faintly, "Don't disturb your sleep, I'll hang up." ”

After hanging up Li Huahu's phone, Li Hualong came to his father and sat down.

Li Yisong asked: "To buy the stocks that you think are worth buying, as long as the stock price is low, how many to buy?" ”

Li Hualong replied: "It is best not to hold more than 65 percent of the shares. ”

Li Yisong was puzzled and asked, "Why?" ”

"If you buy a large number of companies' stock prices, they will definitely raise the stock price, and the larger the shareholding ratio, the greater the increase in the stock price. Besides, in addition to investing in stocks, now investing in buying old buildings and buying land can make huge profits. When we use up the funds in our hands, we will go to Hang Seng Bank for a loan, this once-in-a-lifetime opportunity cannot be let go lightly. ”

"Don't always think it's a good opportunity, it can also be a trap." Li Yisong smiled slightly, "You have to know in your own heart." ”

Li Hualong smiled noncommittally and asked, "Abba, do you really think that Huaxia ZF will recover Hong Kong?" ”

Without waiting for his father to answer, Li Hualong said: "If Hong Kong is recovered, then the channel of communication between Huaxia ZF and Western capitalist countries will be blocked." At present, Hong Kong is in the hands of the British, and there are still many benefits. ”

Li Yisong said with a smile: "If you hadn't often told me that the Chinese Communist Party would not recover Hong Kong, otherwise, I would have immigrated to the United States a long time ago." ”

At this time, Li Yisong agreed with Li Hualong's point of view, but sometimes, he still felt that Li Hualong was too bold and a bit desperate.

That night, Li Huawen and Li Huahu took their families to Li Hualong's house for dinner, and after dinner, Li Hualong invited the two brothers to the study, drinking red wine, and chatting about buying stocks on dips and buying real estate and land on dips.

Li Huahu asked with a smile: "Third brother, how much money can you borrow from Hang Seng Bank for me?" ”。

Li Hualong asked rhetorically, "How much do you want to borrow?" ”

"100 million ......" Li Huahu smiled, "It's a little too much, 60 million is enough." ”

Li Hualong smiled and said: "Even if I don't guarantee you, you can get a loan of 60 million from Hang Seng Bank if you use the assets in your name as collateral." ”

Li Huawen asked: "Ah Long, there are no 60 million funds available for loans in the account of Hang Seng Bank, right?" ”

Li Hualong replied: "In a day or two, there will be no repayment by major customers, and within a day or two, there will really be no such many loans." Not surprisingly, within half a month, Hang Seng Bank was able to lend 60 million. ”

Li Huahu asked curiously: "In the past two years, Hang Seng Bank has opened many new branches, and the total deposits of depositors should have increased a lot. (To be continued......)