On July 3, 1975, on the Hong Kong Stock Exchange:
Hutchison's stock has risen to HK$4.7 per share, and the stock is still rising.
Countless securities traders are happily calculating their current wealth in Hutchison stocks. A month ago, Hutchison's stock price was only about HK$1.5. Even without leverage and just ordinary buying, the current net profit is as high as 200%. And if leverage is used, there are many people who make ten times the profit.
Once you get rich, you can earn as much wealth as an ordinary migrant worker would have in ten lifetimes.
Lao Wang, who was analyzing stock data, looked at the curve drawn in his hand, and at the same time checked the data on the buyers and sellers of the transaction. After calculating for a while, he quickly elbowed the curly-haired man next to him and said: "Old Qian, this is Something’s wrong with the stock data?”
"What's wrong?" Lao Qian quickly came over and asked, "What's wrong?" '
"The increase in the last two days has obviously been much lower than before. I suspect that the acquirers have begun to retreat, or the purchase volume has become smaller." Lao Wang said with some suspicion.
"This is normal. The stock price has now increased by 200% compared to before. No one can bear this kind of increase. It is normal to appropriately slow down the acquisition speed. Now Hutchison's total market value exceeds 1 billion Hong Kong dollars." Qian thought for a while and said.
"What you said is possible, but we don't rule out the possibility that the acquirer has acquired enough shares. If this is the case, the other party may cut off acquisitions in the stock market at any time. Once such a thing happens, the entire stock market will collapse." Old Wang said worriedly.
"How can it be so easy? Even if a company like Hutchison is far inferior to before, it would still require hundreds of millions of dollars to acquire enough shares. It's only been a few days. It also took two months for Land to acquire milk. Hutchison can't do it now. It’s much bigger than the milk company.” Lao Qian questioned.
Lao Wang frowned and said, "We have made enough money. Now if we sell all the stocks, we can make a net profit of two to three million, and then use it to buy a house. Now that house prices are starting to pick up, there is no risk at all."
"It will take several years for house prices to double. Now it may only be a few days. What are you thinking?" Lao Qian objected.
After pondering for a moment, Lao Wang said: "I am still ready to quit. According to the proportion, I will sell the general stocks, and the cash exchanged will be transferred to my own account, and the rest will be yours."
"Are you stupid? Why are you so stubborn? You don't want this opportunity to make money for free?" Lao Qian looked at his colleague like a fool.
Lao Wang shook his head and said, "I still insist."
"Okay, you can do whatever you want. The buying demand is still very strong right now. Our stock will be sold soon. Let me remind you, the price may not be this tomorrow. If you want to buy it again then, don't regret it." Lao Qian was too lazy to pay attention.
"Okay, I'm placing a sell order now." Lao Wang nodded, and then called his operator to convert half of the stocks jointly owned by the two into sell orders, while the other half remained unchanged.
After selling at the original price, one hour later, all the sales were completed. Lao Wang counted the time and confirmed his idea. A few days ago, it only took 20 minutes to complete a listing, but now it is obviously much slower.
Of course, it is also possible, as Lao Qian said, that it was because the price was much higher that many of the property raiders and the acquirers behind it were hesitant, but he didn't think it was like it. Even when he was not sure, he still trusted his intuition.
By the afternoon, Lao Wang had settled down and the funds had entered his account. He was still on the exchange because he wanted to see if his judgment was correct.
It was only one o'clock in the afternoon, and the trading data of Hutchison Stock had obviously begun to drop. There were more and more sellers and fewer and fewer buyers. Most of the people present were still smiling in the morning and discussing where to eat abalone in the evening, but now Start staring at the sign in front of you.
At two o'clock, the selling order for Hutchison stock increased and the stock price began to fall, directly from 4.96 to 4.67. The amplitude was very large, and the decline was getting faster and faster.
"I'll sell too." In the quiet scene, someone finally broke the silence, and then a group of people rushed forward, all trying to sell the Hutchison stocks in their hands or in the hands of their clients.
"It's over." Lao Wang shook his head and said. The previous decline was not too big, but once there is panic selling, the stock price will immediately fall to the bottom. This is enough to show that the real players have already withdrawn, and maybe there are still some people left before leaving. Kicked.
Looking at his colleague Lao Qian not far away who was also trying to sell his stock, Lao Wang couldn't help but shook his head.
No, it should be a former colleague!
Prince's Building, Galaxy Group Headquarters:
"Sheng Chen, during this period we took advantage of the high price to sell off about 4% of Hutchison's shares and received HK$52 million. This has equalized nearly 1/4 of the cost of our acquisition of Hutchison." Zhou Jiayang completed. After a day of operation, he said with a smile.
"It's only been a few days. With such a big sell-off, the stock price has already fallen a lot, right?" Chen Zhiwen asked.
"In the first two days, I was quite concerned about the stock price. The selling was relatively slow, but there were too many buyers coming in, so I could only meet their demands. Today, because we had stopped acquisitions long ago, we started selling stocks again. , the market transaction data has obviously changed, and the stock price has dropped to 2.8."
"It's really a cut in half. I just pity the poor guy who bought it at the highest price." Chen Zhiwen shook his head and said.
"Since you are here to play stocks, you must be prepared to lose money. If we hadn't acquired too many stocks, we wouldn't have cashed out at a high price." Zhou Jiayang said.
"Big fish eat small fish." Chen Zhiwen said with a smile and shook his head. This reminded him of a sentence in a previous Hong Kong drama that satirized small retail investors:
[I take the bus to work at 9 o'clock every day, and I only earn tens of thousands every month. Playing stocks frugally and hoping to get rich soon. Humph, they have no idea who the real winner is. 】
However, Chen Zhiwen will not feel guilty. Since he is definitely out to play stocks, he must be prepared to be cut off. Especially investing in Hutchison is not a normal investment at all, but a hype, hoping to take advantage of troubled waters to make a fortune.
If the stocks of Chen Zhiwen's normal listed companies are held by investors for a long time, then he will naturally operate them sincerely and let investors get the returns they deserve. However, if it is speculation, it is his own responsibility to lose no matter how much he loses.
Previously, Shen Bi suddenly offered 3.58% of the stock, and several shareholders that Galaxy Securities had been communicating with were also willing to sell at about the same time, making the stock in his hands more than 45%.
Although he thought twice, Chen Zhiwen decided to cash out part of the money at the high price to recoup some of his previous long-term investment. Especially since Hutchison Group itself also needed money. There were so many people who ransacked homes and gave away money. How could it not be accepted? When the stock price returns to normal in the future, you can just recycle it.
"Everything is ready now. We have 40% of our stock. HSBC also supports us. Mr. Chen can directly take over the Hutchison Group." Zhou Jiayang was very excited. Although his contribution was not big, it still mattered no matter what. Under his operation, the first acquisition of a large British-owned group by Chinese capital in Hong Kong history was completed. When this matter is described in future history books, his name may also be mentioned.
Of course, from a realistic point of view, once Hutchison is obtained, the rewards he will receive will definitely be very high. After following the boss for such a long time, he still knows what his boss is like.
"Of course, it's time to harvest." Chen Zhiwen nodded and said, "Inform the media, just like the land purchase back then!"
(End of chapter)
