The amount of loan that can be obtained by pledging shares depends on the amount of share capital and the share price.

From August '97 to the present, the Hang Seng Index of the Hong Kong Island Stock Exchange has fallen from a maximum of more than 15,000 points to more than 9,000 points now.

The share price of Xiangyang Electronics has fallen from more than 60 Hong Kong dollars to more than 40 Hong Kong dollars, which is not a bad fall.

In fact, foreign hedge funds have quietly established positions in the Hong Kong Island stock market, foreign exchange and futures markets more than a year ago.

Of course, the target of their position is constituent stocks such as Cheung Kong Industrial and Hutchison Whampoa Island Telecom, and Sunningdale is still an inconspicuous stock in the Hong Kong Stock Exchange.

And stocks like Cheung Kong and Hutchison Whampoa fell even more.

If you want to pledge the shares of Xiangyang Electronics, you must first raise the stock price of Xiangyang Electronics.

So a month ago, Wang Weidong asked Li Yueshi to repurchase the shares of Xiangyang Electronics in the secondary market, due to the relatively small number of outstanding shares, the effect of the repurchase was immediate, and the stock price rose rapidly.

Now what the Hong Kong Stock Exchange lacks is not money but confidence, and many people suddenly discovered the high-performing stock of Xiangyang Electronics as if they had discovered a new continent.

Now Sunningning's share price has returned to its July high.

Wang Weidong rushed to Hong Kong Island and went with Li Yueshi to meet General Manager Liu of Bank of China Hong Kong Island.

General Manager Lau is the top leader of Bank of China on Hong Kong Island.

"We are very welcome to join us in fighting against foreign speculators, and we are willing to accept the pledge of shares of Sunning, Bank of China." General Manager Liu said.

"Now that you've made up your mind, go all out! We are ready to pledge all corporate shares. Wang Weidong said.

"This month, Xiangyang Electronics is completely different from the entire market, it has been rising, this is you buying back shares, right?" General Manager Liu asked.

"The biggest impact of this incident is the local companies on Hong Kong Island, especially those real estate stocks, our Sunningdale Electronics is not affected at all in the mainland, and the stock is normal at the current price." Wang Weidong said.

"Since you have pledged all the corporate shares, the loan amount is too large, and it takes us a long time to do the verification, but I think two months is enough. This is also a support for such a patriotic act of yours! General Manager Liu said.

With a total loan amount of billions of Hong Kong dollars, two months is not a slow time.

Wang Weidong and Li Yueshi left the headquarters of Bank of China Hong Kong Island, and Li Yueshi asked: "Boss, if you lose this bet, the entire Xiangyang Electronics will be lost." ”

"If you win the bet, you will be able to fight for more than ten years!" Wang Weidong said.

As he spoke, he looked up at the tall buildings around him.

In the past six months, from Siam to the entire Southeast Asia to the Hong Kong Island Peninsula, I don't know how many people jumped off the high-rise building.

"Recently, there has also been news from Vladivostok that used cars there are also starting to sell no more. Thanks to the fact that he left the principal of one million in advance, otherwise hundreds of used cars can only wait for depreciation in the open air. Li Yueshi said.

"Maybe in a year and a half that will be over. How much did your luxury property on Hong Kong Island drop? Wang Weidong asked.

Hearing Wang Weidong's question, Li Yueshi's face became ugly, and her mansion on Hong Kong Island was almost halved in half in half a year, losing tens of millions of Hong Kong dollars!

"Miss Li, if we win the bet this time, we will slowly withdraw from the stock market and invest the funds in the Hong Kong Island property market! You go home now, I'll go back to the hotel to rest and I'll go back to Fushan tomorrow. Wang Weidong said.

As soon as Wang Weidong returned to the Victoria Hotel, he received a call from Xiao Nan, who told her everything Liu Hanlin said to her on the phone, including Liu Hanlin's promise to give her five million after the matter was completed.

"You can tell him that according to the information you have got, Haoli Real Estate is also interested in these two pieces of land, and I am willing to talk to Liu Hanlin, but it will take a while." Wang Weidong said.

If Haoli Real Estate and Liu Hanlin compete with each other, it is also a good result to compete for a high price.

Ji Peng's father returned home at ten o'clock in the evening, and his son Ji Peng and his wife were sitting in the living room, as if waiting for him.

Usually at this time, Ji Peng couldn't be at home at all, and he would have gone out to spend all day drinking.

Ji Peng's mother told the nanny to prepare the meal immediately, and Ji Peng couldn't wait to ask, "Dad, is it true?" ”

This sentence is inexplicable.

But Ji Peng's father understood, he nodded and replied, "It's true, Lao Luo was taken away during the afternoon meeting." ”

"I heard that the guy surnamed Chang was arrested a few days ago, but the vixen ran away!" Ji Peng's mother said.

Ji Peng's father frowned and said, "You women like to inquire about these lace news, boring!" ”

A woman like Ji Peng's mother hates a vixen type of woman the most, she ignored her husband's expression and continued: "I heard that the vixen is very powerful, and there are several men who have fallen on her!" The vixen is the evil spirit! ”

"I heard that Lao Luo only helped a little bit in the transfer of the expressway operation right, the problem is not big, the main problem is in the capital, where did Chang Jingkun get the three billion funds for the acquisition of the expressway operation right!" Ji Peng said.

Speaking of this, Ji Peng also said with emotion: "Now that I think about it, it is better to hand over the management rights of that highway to Xiangyang Electronics, at least they have money, and they don't have to dig holes for three billion funds!" ”

"You misunderstood this matter, it's a highway that is making money every day! Can you guarantee that Sunningdale will fully stand the test? They haven't had any problems at all since they started their business? You are still too young, and it was wise for Sunningdale to decide not to take over the management of that highway! Ji Peng's father said.

Seeing that his son didn't seem to understand, Ji Peng's father explained: "If you want to do it, do as much as you can that others are unwilling to do and can't do!" Everyone's salivating things to go around! Xiangyang Electronics has invested so much money in the purchase of production lines and the production of tubes that others can't produce, it looks tiring, but no one fights with him on this road, so it is the safest way to make money! ”

The nanny set the meal, and Ji Peng's father walked out of the living room to eat.

In fact, he is in a very bad mood now, when Lao Luo, who has been a colleague for more than ten years, slowly stood up and walked out of the conference room, everyone was in a bad mood.

Seeing that Ji Peng was about to go out, Ji Peng's father stopped his son and said, "Why don't you know how to grow up?" Look at Song Yu, how much he has changed over the years! In the future, spend less time drinking, think more, and learn more from others! ”

(End of chapter)