Chapter 110: Hitchhiking

Sure enough, on Saturday afternoon, newspapers and news in Hong Kong began to report on Fanxing Electronics' acquisition of the fairy factory.

In this era, Yuanyin City has not yet opened Hong Kong's satellite TV station, and Xiao Qi is in the luxurious room of the government hotel, so that he can see Hong Kong's satellite TV Chinese channel, Jade channel and other limited channels.

Without exception, these channels began to report in detail on the fairy factory in the financial column.

From the beginning of production to the present, it is only more than three months, and it also covers the third and fourth tier cities in China, and it is very low-key, so it is not famous at all.

But the reporter in Hong Kong is very professional, not only introduced the 30 million sets of mobile phone chip solutions that the fairy factory exclusively owns MediaTek, but also went to Baodao and Nanwan to interview various parts manufacturers, where there is a lively production scene.

Then they focused on Yuanyin City, using the camera to shoot the more busy appearance of the fairy factory, and also filmed the scene of hundreds of dealers blocking the door to get the goods, the dealers grabbed the mobile phone directly from the warehouse door, and left quickly with the box back in the car, which surprised the Hong Kong people: such a cheap and simple mobile phone, can be so popular?

Then, naturally, the reporters also went to interview a lot of county towns and rural areas.

Needless to say, there are dozens of shops that appear on the screen in a row, and as soon as the mobile phone arrives in the store, it is guaranteed to be snatched up with banknotes.

On the TV screen with subtitles, people listened to the reasons why the farmers liked this kind of mobile phone, and then actually experienced the effect, and even several famous reporters in Hong Kong said that it was good, and it was most suitable for the elderly and people with few other needs.

That's basically all the report, but people in Hong Kong have already felt how popular and best-selling fairy mobile phones covering most of China's counties and rural areas are.

I also began to realize how much profit Fanxing Electronics would get after buying such a mobile phone factory.

After the fermentation of Saturday and Sunday, the Hong Kong people, who originally liked to make money in the stock market, opened at half past nine on Monday, February 19, and in the pre-opening stage of the first half hour, people immediately rushed into the stock market and rushed to buy the shares of Fanxing Electronics as soon as possible.

Hong Kong has no limit on the price limit and the price limit, and their stocks are green when they rise and red when they fall, which is the opposite of the mainland.

Therefore, people can see in a blink of an eye that at ten o'clock at the beginning of the continuous trading stage, the stock of Fanxing Electronics immediately turned green, and then the numbers continued to rush upward, breaking through the 20% increase in ten minutes, and the momentum is still unabated, continuing to rush upward.

It's not just people in mainland China who have the mentality of buying up rather than buying down, but Hong Kong people too.

Knowing that Fanxing Electronics bought a mobile phone assembly factory, it has a monopoly market period of at least half a year or so, and because the price of parts is cheap, even if it is a small profit, it is a big deal, so everyone's expectations for Fanxing Electronics are high, and people are chasing after it, and there are more and more people who buy it.

During the lunch break, financial TV stations and newspapers began to interview and add fuel to the fire, focusing on the popularity of Fanxing Electronics, which once again aroused great attention.

Until 16 o'clock in the afternoon on Monday, the stock market officially closed, Fanxing Electronics has soared from 3.47 yuan at the opening to 5.04 yuan in one breath, an increase of 45.2%, which can be called the king of the Hong Kong stock market that day!

The next day, the chairman of Fanxing Electronics, Feng Paede, held a press conference at the Peninsula Hotel in Hong Kong, officially announcing that Fanxing Electronics acquired the fairy factory in Yuanyin City, and renamed it Fanxing Factory, and will raise the price of the new Fanxing mobile phone by 100 yuan, optimistically estimating that within half a year, the mobile phone business will bring 10 billion yuan of revenue to the company!

10 billion yuan, that's 10 billion Hong Kong dollars!

The Hong Kong stockholders, who were already stimulated, immediately squeezed the securities trading market again, and rushed to buy the shares of Fanxing Electronics in the market, Zuihou caused the closing of the stock price of Fanxing Electronics to 8.41 yuan, an increase of 66.88%, and once again created a miracle.

On the third day, more financial people began to pay attention to Fanxing Electronics, and various comments were endless, among which the report broadcast by Jade Channel to interview Baodao MediaTek was the most attention-grabbing.

Mr. Cai, chairman of Baodao MediaTek, admitted that because of the good relationship with Fanxing Factory, even if the new chip is mass-produced, it will still give priority to supplying Fanxing Factory, and even in the second half of the 70 million output of chips, Fanxing Electronics has ordered 20 million sets, and the number of annual orders in the next three years has exceeded 50 million sets.

"Even with the launch of cheap mobile phone chips, the price war of low-end mobile phones is coming, so relying on a strong brand advantage and market opportunities, Fanxing Electronics' profit of 100 yuan per mobile phone will definitely be maintained, and in the next three years, their annual profit on mobile phones will exceed 5 billion Hong Kong dollars, far exceeding their total annual profit of 2 billion Hong Kong dollars!"

"We, Ono Securities, highly recommend buying the shares of Fanxing Electronics."

"Standard & Poor's revised the credit rating of Fanxing Electronics from A to AA!"

“……”

Under the continuous good news of the day, even if the Hong Kong people have digested the good news that Fanxing Electronics bought a golden hen, they are still in such a fanatical atmosphere, wantonly buying Fanxing Electronics stocks flowing out of the market, Zuihou's closing price on this day is 12.06 yuan, an increase of 43.46%

On this day, Xiao Qi instructed the manager of the Hong Kong branch of Citibank to sell all the shares in batches at an average price of 11.82 yuan, excluding all stock market transaction costs, and making a net profit of about 83.6 million yuan, including 10,973.6 million yuan with interest.

Another 7 percent of Citibank's profits, which amounted to 483.6 million, left 10.45 billion in Citibank's bank account!

Except for the 2.25 billion yuan that will be transferred back to Citibank Rongcheng for Fairy, Mei Ji, and Master He, Xiao Qi has not transferred the remaining 8.2 billion yuan back to China.

For this reason, Tony made a special phone call to complain: "Xiao, I have been scolded by Mr. Jabil from the Asia head office, saying that the dividend ratio I set is too low, why do you have to compensate me?" ”

"Yes." Xiao Qi laughed, "I will leave this money with you for the time being, and I will entrust your Citibank to handle it when I use it to buy things or invest in the future, is it okay?" ”

“haha! This one...... You're such a friend! On the other end of the phone, Tony suddenly smiled, "I got another bottle of good Scottish whisky here, next time you come to Rongcheng, we will drink together!" ”

He thought that he was taking advantage, but he didn't know that when Xiao Qi bought and sold with American companies in the future, it would be more beneficial for Xiao Qi to do so.

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