The shrewd Mou Dazhong also had a premonition that the impact of the Asian financial crisis on the economy would not be small. He followed Sun Jian's advice and did not continue to invest in the construction of the Russian industrial park. He also stopped attacking in various places, contracted the front, and used his 20 million shares of Shen Bank as collateral. , borrowed 80 million yuan from Minsheng Bank, and calmed down to build the Manzli International Highway Port.
Last year's Asian financial turmoil turned into this year's Asian financial crisis. The stock and property markets of Southeast Asian countries and Hong Kong plummeted, causing heavy economic losses. More than ten years of development results were wiped out. Factories closed down, employees lost their jobs, the market was depressed, and the demand for energy decreased, leading to World natural gas and oil prices plummeted, and a financial crisis also occurred in Russia. The ruble plummeted, the Treasury market stopped trading, U.S. stocks plummeted, and international capital suffered heavy losses. Ltdm was on the verge of bankruptcy. To avoid triggering financial turmoil in the United States, the Federal Reserve had to step in to organize acquisitions by Wall Street institutions. Ltdm, the world's financial markets are in turmoil.
It’s similar to Sun Jian’s prediction.
The Nande Group escaped disaster, and Mou Dazhong was both grateful and admired. He could become the hidden richest man in the world at such a young age, not by relying on opportunities and backers. He was even more determined to recruit Sun Jian into the Manli Nande Railway Co., Ltd., through Du Hongtao, the leaders of Manzli... Only then did Sun Jian come to attend the opening ceremony of the Manzli Highway Port today.
"Mr. Mou, Mr. Du, how much investment is needed to expand the Manzli International Railway and freight yards?"
Sun Jian shouldered the expectations of his leaders, got straight to the point, and was not short of money.
On October 12, the Hong Kong stock market soared. The Hang Seng Index rose by 483 points, or 5.68%. The trading volume increased by 40%, which was the ninth largest increase in 1998.
On October 13, the Hang Seng Index closed at 9,008 points, up 18 points, or 0.21%. This was the first time the closing price exceeded 9,000 points after last year's plunge, and it was also the fifth consecutive trading day of gains for the Hang Seng Index.
On October 14, President Ren of the Hong Kong Monetary Authority stated in a speech in Singapore that the Hong Kong SAR government opposed investment manipulation of the market, especially the financial market, and resolutely defended the stability of the Hong Kong dollar.
On October 16, the Hang Seng Index closed at 9,777 points, an increase of 806 points, or 8.99%. The trading volume increased by 50%, which was the second largest increase in 1998.
On October 30, the Hang Seng Index closed at .94 points, up 223.48 points, or 2.25%. This was the first time in more than five months that the Hang Seng Index had reached the 10,000-point mark.
On November 4, the Hang Seng Index closed at .25 points, up 149.73 points, or 1.45%. This was the first time since May 4, 1998 that the Hang Seng Index closed above .25 points.
The daily trading volume of the Hong Kong stock market has reached more than 40 billion Hong Kong dollars, and transactions are booming, attracting the attention of global investors.
The Exchange Fund Investment Co., Ltd., a subsidiary of the Hong Kong Financial Secretary, holds more than HK$110 billion in Hong Kong stocks and is the biggest winner of the Hang Seng Index surge.
htIc holds Hang Seng Index blue chip stocks with a market value of more than 60 billion Hong Kong dollars, and is the second largest winner of this Hang Seng Index surge.
The average buying point of htIc at that time was 7850 points, and now the profit on the account is HK$20.316 billion!
On September 25, after the settlement of the September Hang Seng Index futures contract, htIc made a profit of nearly HK$450 million (excluding transaction fees).
Sun Jian continued to invest HK$500 million, increased leverage by 10 times, and went long the March Hang Seng Index futures contract at the average point of 7,790 points. Now he has a profit of HK$1.745 billion!
Nowadays, the wealth of Hong Kong tycoons such as Li Jiacheng and Li Zhaoji has also increased. They all admire Sun Jian's vision and regret not buying the bottom.
"Mr. Sun, a total of 650 million yuan is needed. This is the project investment plan prepared by the Manli-Nande Railway Co., Ltd. Please take a look at it, Mr. Sun."
Mou Dazhong knew that the powerful Sun Jian would not drag his feet once he decided to invest, so he definitely brought a professional team to review the "Investment Plan for the Expansion of the Manzli International Railway and Freight Yard Project."
"Mr. Mou, Mr. Du, how much investment do you need from Taobao Holdings Company? How many shares do you need?"
Sun Jian has no interest in investing and controlling the Manli-Nande Railway Co., Ltd. The investment is long and the results are slow, and he is completely fulfilling his obligations.
"Mr. Du and I have already discussed that Manzli Nande Railway Co., Ltd. will be re-registered and renamed with a registered capital of 1 billion yuan. Our two companies will convert the 30-year property rights of the completed Manzli Highway Port into 350 million yuan. Yuan invested, accounting for 35% of the shares. Taobao Holdings invested 650 million yuan, accounting for 65% of the shares. Taobao Holdings is controlled by Taobao Holdings. The company name can be changed. Once the funds are in place, we guarantee that it will take 15 months to complete the project. After completion, Taobao Holdings will be able to recover its investment within 7 years.”
Mou Dazhong understood that as long as Taobao Holdings Company holds a controlling stake, the construction funds will be guaranteed, and there is no need to ask his father to sue his grandma anymore.
Mou Dazhong knew that Sun Jian had played a major role in the financial defense battle in Hong Kong, but he did not know that htIc had purchased more than 60 billion Hong Kong dollars in stocks and was now making huge profits.
"Mr. Mou and Mr. Du, Taobao Holdings has invested in Manzlinande Railway Co., Ltd. as a strategic investor. It has a director seat on the company's board of directors and has voting rights, but it does not interfere with the company's daily operating affairs. It is still hard for Mr. Mou and Mr. Du to .”
"Thank you, Mr. Sun!"
"Thank you, Mr. Sun!"
Mou Dazhong and Du Hongtao were happy. They had worked together for two years and cherished each other.
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Leader Wu delivered a passionate speech, congratulating the Manzli International Highway Port on the successful completion of the construction tasks by Nande Group and Manzli Regional Economic Development Corporation after two years of construction, and expressed his gratitude to the construction workers fighting on the front line. grateful.
Leader Wang and Mou Dazhong participated in the tailoring together.
Thunderous applause erupted at the port opening ceremony.
The sirens of trucks passing through the border blared.
Bang bang...
Firecrackers went off.
After the Manzli Highway Port was put into use, it became the only international highway port in China that implemented 24-hour customs clearance. It opened a total of four truck passages with two entrances and two exits and three entrances and three exits for personnel. The annual throughput capacity of the port reached 4 million people and vehicles. 300,000 vehicles and 2 million tons of cargo.
The buildings on the street are bright and beautiful, and every shop sign is written in Chinese, Russian and Mongolian. When you are on the street, everyone can find the imprint of their hometown and a feeling of exotic customs.
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"Mr. Mou, if 50% of the trains here use international standard containers for transportation, how much can the transportation capacity be increased?"
After the opening ceremony of the Manzli International Highway Port, Sun Jian, Mou Dazhong and Du Hongtao accompanied the leaders to visit and inspect the international railway port cargo yard.
Manzli Railway Port currently has 12 lines, including 5 broad gauge lines and 7 standard gauge lines, with an average daily station capacity of more than 120 vehicles.
It has a bulk cargo yard, a foreign cargo transportation warehouse, a military warehouse, an import and export material transfer station and an oil depot and oil storage tanks. It has a storage area of more than 50,000 square meters and has multiple functions such as warehousing, transshipment, and reloading.
Sun Jian frowned when he saw the master workers carrying goods from one carriage to another with trolleys.
"Mr. Sun, it is estimated that it can increase transportation capacity by two times."
In the investment plan for railway reconstruction and freight yard expansion, it is planned to increase the number of container loading and unloading yards by 20%.
