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Volume 1 The Miracle on Qishan Chapter 151 In Hong Kong

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    Chapter 151 In Hong Kong

    In the early stages of the Chinese stock market, if you have 10 million, investing in the stock market is definitely a very good choice, but if you have 100 million, it is more difficult to say.

    For a giant like Zhongqi Asset Management Company, which can actually compete with those central enterprises in the later period, it is very difficult for them to invest in the stock market with more than 10 billion in funds.

    The purchase permit is not the key to the problem. The real trouble is that if you invest all this money in the stock market, who will pay for it when you are ready to withdraw?

    The more troublesome question is whether you will be held politically responsible if you evacuate and the stock markets in the two places plummet.

    In the smallest stage of the Songzhou stock market, the stocks held by Zhongqi Company totaled at least 1/5 of the market value. In the Shenzhou stock market, this problem was even more obvious. Although junk stocks like Shen Yuanye have been sold off, in other places  Among the four stocks, Zhongqi Company is the undisputed major shareholder in Shenzhen Development Bank and Shenzhen Vanke.

    "Zhongqi Company wants to run away, where are you going?"

    During the plummeting tide in Songzhou, Zhongqi Company actually only sold half of its stocks, because basically none of the old eight stocks was one that Zhongqi Company really wanted to hold for a long time. Moreover, Zhongqi Company currently has no interest in shell resources.  Not much interest.

    At that time, the companies in the market were still very profitable, and they all had superior leaders. It was basically impossible to seize the rights and interests of the largest shareholder without easy negotiation. Even if Zhongqi got it, they were scattered among many companies.  In the company, there is no pressing opponent.

    If it plummets, it will plummet. It is bearable for Yang Shaozong and Guan Jinsheng. They used 200 million investment in exchange for 3 billion cash flow, and also transferred more than 3 billion funds from the stock market to a more stable one.  National bonds and corporate bonds include Shenergy, Songgang, Songhua, and Pudong Construction bonds, as well as 89, 90, and 91 three-year treasury bonds.

    With an investment of 200 million yuan and a return of 6 billion yuan, what else can be said?

    The 3 billion bond funds left in the Songzhou Securities Market should be treated as welfare and given to the Songzhou Municipal Committee to avoid falling out with others. That is not a good thing for anyone.

    In the Shenzhou stock market, they never ran away. They just cleared out the remaining stocks and replaced them with Shenzhen Development Bank, Shenzhen Vanke, and Shenzhen Konka. As a result, they forced themselves to become almost absolute major shareholders.

    ¡­¡­

    Therefore, for a giant like Zhongqi Asset Management Company, it is possible to make some tricks in the current stock market, but it is a bit difficult to make a fortune in the stock market.

    "The choice of Guan Jinsheng, Yang Shaozong, Hua Kangsheng, and Hu Zuming was a bad trick used by Zhongqi Company - hoarding industrial raw materials. This time, they did not hoard steel and coal mines. That was too low-level, and the state's pursuit was too tight.

    Their trick is to hoard large amounts of copper, aluminum metal and other chemical raw materials, especially copper and aluminum. After becoming the largest cable and wire manufacturer in the country, they mobilized almost all the funds they could raise to buy at the bottom. They started hoarding in January.  It increased fourfold in May.

    Of course, there is no need for Zhongqi Asset Management to sell out. They are just increasing production capacity and selling cables and wires at an increased price.

    This surge allowed Zhongqi Asset Management Company to earn huge profits in one fell swoop. The cumulative investment of 7.5 billion in raw materials at the bottom could almost be exchanged for a net profit of nearly 27 billion by the end of the year.

    At this time, with 3 billion RMB of capital cashed out from the stock market, Yang Shaozong officially decided to go to Hong Kong to negotiate with Ms. Wu Meiwen, the president of Taiwan Yuhua Automobile Company.  Before that, Hu Zuming used his American status to go to Taiwan twice and had in-depth discussions with Yuhua Automobile Company as a representative of Zhongqi Company.

    Wu Meiwen and Mr. Yan Qinglin, the founder of Yuhua Automobile, are both from Jiangdong Province. After coming from a well-known family, they went to Taiwan with ***. Mr. Yan Qinglin invested in Yuhua Company, gradually entered the automobile field, and became the undisputed car king in Taiwan.  , has always been a cooperative company of General Motors in Taiwan. It has established a joint venture company of General Motors Yuhua to produce General Motors' cars in Taiwan.

    Different from 1991, in 1992, Yang Shaozong no longer planned to merge more companies in principle, but concentrated on digesting these new companies, flagging them, and completing two new projects at the same time - Qigang Group and China Automobile  company.

    After digesting these companies, Zhongqi Asset Management Company will launch three stocks, Conch Cement, Huiyou Cable, and R&F Rubber, on the Songzhou stock market. The corresponding Conch Group, Huiyou Electrical Group, and R&F Group will also become subsidiaries of Zhongqi Company.  new subsidiary.

    Since then, Zhongqi Asset Management Company¡¯s investment in the three industries will come to an end. The three industrial groups have succeeded in self-development. Future expansion will mainly be through raising funds in the stock market rather than relying on China.There is indeed a certain amount of pressure, but on the other hand, this incident can also be used to prove the determination of the mainland.

    What¡¯s more important is that Zhongqi International Investment Company has used the background of its parent company Zhongqi Asset Management Company to reach an agreement with New World Group. It will reach a long-term cooperation strategy with New World Group and take over some of New World¡¯s projects.

    Especially for Chow Tai Fook Jewelry Store, one of the two main businesses of New World, Zhongqi Asset Management Company can fully use its domestic channels and influence to quickly help Chow Tai Fook Jewelry Store develop in the mainland.

    The final result is very satisfying. By transferring many properties and the Hong Kong Convention and Exhibition Center to Zhongqi International Investment Company, New World Group reduced its debt to HK$5.2 billion. Zhongqi International Investment Company became famous in Hong Kong.  , becoming a giant second only to mainland factions such as China Resources, Bank of China, and China Merchants Group, and at the same time, it also excited the entire Hong Kong economic community.

    After becoming famous in one battle, Zhongqi International Investment Company, which won the Hong Kong Convention and Exhibition Center, moved its headquarters to the Business Center Building of the Convention and Exhibition Center, established its own property management company, and began to assume a long-term property management posture in Hong Kong.

    Before Chairman Wu Meiwen arrived, there was about an hour left. Yang Shaozong and Qian Jiawei were chatting in the conference room, while Hu Zuming and Xiao Wei had already gone to the Hong Kong International Airport to greet Wu Meiwen and others.

    Sitting in the conference room, Qian Jiawei was still talking about Hong Kong's real estate issues, and he was analyzing his views on the map of Hong Kong and Yang Shaozong. His view was very simple. As China's economy develops, Hong Kong's economy will become more and more prosperous.  The boom, albeit one with a Coolidge effect, would not collapse within a decade.

    When it came to the quantifier "ten years", Qian Jiawei was inevitably more cautious, and corrected: "At least there will be no major changes before 1997."

    Yang Shaozong nodded and said to him calmly: "At the beginning, you said that Hong Kong's real estate would definitely appreciate rapidly in a few years, and you wanted to shift Zhongqi International's main business to real estate. I said yes, but you didn't say  I know exactly how to operate it. If I just buy a house like this, I don¡¯t think it is very realistic or a long-term solution!¡±

    Qian Jiawei nodded silently and then said: "The key is that there are many small companies in Hong Kong and there are many strong players in the real estate industry in Hong Kong. It is very difficult for us to win a small piece of land in Hong Kong, let alone other things. So, right now, in Hong Kong  The best way to make money in Hong Kong is to speculate in properties. Of course, now that everyone is crowding in to speculate in properties, there is not much room for speculation. In terms of maximizing capital profits, we really need to find new ways to make profits.  .¡±
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