Movie: Get Alpha Dog at the start

Chapter 771 Billions of Dollars
"Stock market crash" is undoubtedly an extremely terrifying word for Hong Kong's veteran stock investors.

Before this, Hong Kong had experienced three stock market crashes, in 1967, 1973 and 1981. All three stock market crashes dealt a huge blow to Hong Kong. Countless companies went bankrupt, countless investors lost their fortunes, and some even jumped from high places.

However, Hong Kong stock investors still underestimated the power of this "stock market crash". As the U.S. stock market collapsed rapidly, the entire Hong Kong stock market was in mourning.

Especially when the Hong Kong government announced a four-day market closure on October 10, investors, who were already frightened, became even more panicked. So after the Hong Kong stock market reopened on October 20, the entire market fell into a vicious cycle of crazy decline - intensified panic - and then decline again.

Within just fifteen minutes of opening, the Hang Seng Index fell by 650 points. On the same day, the Hang Seng Index fell by 1120 points, a drop of more than 33%, setting a record for the largest drop in the history of Hong Kong stocks.

This is just the beginning. Every subsequent day of trading will undoubtedly be a torment for every Hong Kong stock investor. They can only watch their assets shrink again and again, and the entire market is filled with pessimism.

Of course, there were also some daring "adventurers" who tried to make money in this crazy falling stock market. The stock market once showed an upward trend, but was soon overwhelmed by the ruthless wave of selling and became unable to take care of themselves.

The most famous among them is the previously powerful stock market sniper Liu Luanxiong. It is said that his direct losses in this stock market crash amounted to 10 billion Hong Kong dollars.

It's not just the stock market. Affected by the stock market crash, large-scale stampedes have also occurred in the real estate market, gold, foreign exchange and other derivatives with financial attributes.

It is worth mentioning that in Hong Kong, most people who believe in the money game of stocks often also play real estate, gold and foreign exchange. When the market is good, they will naturally make a lot of money. But when they encounter a stock market crash that happens once in a few decades, it can only be described in one word: miserable.

As of December 1987, 12, the Hang Seng Index had fallen from 7 points on October 10 to 1 points. Moreover, judging by the impact of previous US stock market crashes on financial markets around the world, this stock market crash is far from over.

Stock broker Wang Wei looked at Qin Hao with a dead look on his face: "Mr. Qin, do you want to sell the contract?"

"Throw it away."

Qin Hao's words cheered Wang Wei up.

“Is the Hong Kong stock market going to pick up?”

On December 12, Qin Hao sold all his buy and sell contracts, and 15 million Hong Kong dollars were quietly lying in his stock account.

This was all his gains from the stock market crash.

In just two months, from 2300 million to 1.15 million, this is the charm of the financial market. Getting rich overnight may be a myth in other places, but in the financial market, it is just a normal example, inspiring one restless soul after another who dream of getting rich.

Of course, most people will not notice that there are piles of bones beneath the altar, and only a small number of people can climb onto the altar and become a myth.

During these two months, Liu Sen also had a hard time. The Liu family's businesses spread across finance, real estate, and catering, so they naturally could not escape the impact of the stock market crash. Liu Sen was extremely worried and had to put out fires everywhere.

The only thing that made Liu Sen feel relieved was that the operation of "Hema" was not affected by the stock market crash, and the number of members even increased.

Liu Sen was also puzzled by this.

"It's actually very simple. The worse the economy is, the less people will resist cheap and good quality products."

"Although you need to pay a membership fee of 100 yuan for Hema, the money saved is definitely worth it if you shop more frequently. Smart Hong Kong people know how to calculate this."

"Also, don't forget one of the characteristics of Hong Kong people - they like to pretend. The less money they have, the more they want to use something to satisfy their vanity. It just so happens that the entry threshold of Hema has become their fig leaf."

Although he grew up in Hong Kong and has a strong sense of belonging to Hong Kong, Liu Sen had to admit that Qin Hao's analysis was very insightful.

"By the way, I'm going back to Shanghai next month. How's your work going there?"

Liu Sen smiled bitterly and said, "If there hadn't been this stock market crash, it would have been really hard to convince those old men. This time, they finally realized that the Hong Kong market is too small and too influenced by the European and American markets, so they agreed to your plan."

This was really a pleasant surprise. Qin Hao extended his hand to Liu Sen: "Then I wish us a happy cooperation again?"

"Pleasant to work with."

On New Year's Day 1988, Qin Hao and Liu Sen boarded a flight back to Shanghai. This was also Liu Sen's first visit to the mainland.

"Welcome Mr. Liu to Shanghai."

As a Hong Kong businessman, China Merchants Group attached great importance to Liu Sen. On that day, Director Wu and Director Zhao both came to the airport in person to greet him.

Liu Sen exchanged a few words of greeting in his broken Mandarin, and then the group came to the Peace Hotel in a mighty procession.

A Bao knew that Liu Sen was coming, and he was waiting for him at the Peace Hotel early in the morning. When the elevator door opened and the two brothers met each other, they both smiled knowingly. Although they grew up in completely different environments and had never lived together, this is the power of blood.

However, in front of outsiders, A Bao still kept a distance from Liu Sen. After smiling at each other, he turned his gaze to Qin Hao.

"Ah Hao, I'm back."

"Well, how's it going?"

"It's not bad. The old wizard is really good. I learned a lot from him." A Bao said in a low voice.

Qin Hao smiled secretly, that was more than just a few skills, his uncle was comparable to the "Golden Finger".

After a brief greeting, Abao went about his own business, but we made an appointment to have dinner together in the evening.

Afterwards, after Qin Hao and Liu Sen put away their luggage, they had dinner with Director Wu and Director Zhao at the Peace Hotel. Naturally, the conversation at the table was about investment.

When Director Wu learned that Qin Hao had already prepared an initial investment of 50 million Hong Kong dollars, the smile on his face became even more intense.

At the same time, Qin Hao also received good news. The land originally planned for the construction of a commercial complex has been approved. It is located at the intersection of Nanjing Road and Huanghe Road, and construction can begin at any time.

The meal was a great pleasure for both hosts and guests. Director Wu and Director Zhao drank a lot in the end. Of course, Liu Sen drank a lot too. In the end, it was Qin Hao who sent him back to his room.

"I've heard before that you can't get anything done in the mainland without drinking. Today I finally saw it for myself." Liu Sen unbuttoned his shirt and complained while gasping for breath.

Qin Hao smiled and joked: "Today is just a small private event. When the day of the groundbreaking ceremony comes, you will understand what enthusiasm is."

"Then you have to tell me earlier so I can buy a plane ticket back in advance, otherwise I will have to stay in Shanghai."

As we were chatting, the doorbell rang. I opened it and saw it was A-Bao, holding a hangover soup in his hand.

Liu Sen didn't hesitate to take the hangover soup and drank it in one gulp. He seemed to feel better too.

Qin Hao did not disturb the two brothers from reminiscing about the past. He found an excuse and went back to his room to rest.

Due to the long journey and the alcohol, Qin Hao fell asleep quickly and did not wake up until A Bao knocked on the door.

"You've recovered well. It seems your alcohol tolerance still has room for improvement." Qin Hao teased with a smile when he saw that Liu Sen had regained his state as a handsome young man.

Liu Sen rolled his eyes when he heard this: "I'd better stay in Hong Kong and take care of Hema. I'll leave the mainland market to you."

After the laughter, Qin Hao and A Bao took Liu Sen to see the scenery of the Huangpu River. Along the way, everything Liu Sen saw was new and novel, and he also made a lot of jokes. For example, he saw some people burning coal briquettes and had no idea what they were doing. When he learned that they were cooking, he wondered why they didn't use natural gas.

"There is no natural gas pipeline in the mainland at present."

After listening to A Bao's explanation, Liu Sen's eyes lit up. In his opinion, this was undoubtedly a huge business opportunity.

But soon Qin Hao poured a bucket of cold water on him: "This is not Hong Kong. For projects like this that involve people's livelihood, private enterprises are generally not allowed to intervene in the early stages. Moreover, with the current income level of mainland residents, they simply cannot afford the high cost of natural pipeline access. If you do this now, you will lose everything."

Liu Sen couldn't help but sigh when he heard this: "It seems that I still know too little about the mainland."

After a stroll, Qin Hao and A Bao took Liu Sen to Huanghe Road for dinner, where Tao Tao had already booked a table.

The proprietress of Jin Meilin had been waiting at the door since early in the morning. She was so enthusiastic when she saw Qin Hao and his party that after she left the box, Liu Sen asked Qin Hao in Cantonese: "Who is this fat woman?"

Qin Hao almost choked while drinking water, but to be honest, Lu Meilin seemed to have gained a lot of weight.

"Brother, this is my best brother Taotao."

Liu Sen held Tao Tao's hand and said, "I often hear Ahao and Abao mention you. Since you are their brother, you are my brother, Liu Sen. If you need anything, just ask."

"Yeah." Tao Tao was so moved that he toasted Liu Sen three glasses of wine in succession to express his enthusiasm. Liu Sen's face changed immediately. Qin Hao hid aside and laughed secretly. It was rare to see Liu Sen being choked twice in one day.

There is no doubt that Liu Sen drank too much again and almost didn't get up the next day.

When Qin Hao woke him up, he was still rubbing his head. However, after learning that he had to inspect the land, Liu Sen still washed his face with cold water and forced himself to change his clothes. He still had the image of an elegant and noble gentleman. One had to admit that the Liu family's education of him was very successful.

At the entrance of Peace Hotel, the car prepared by Director Zhao had been waiting for a long time, and the group arrived at the intersection of Nanjing Road and Huanghe Road.

Director Zhao pointed to a group of low-rise houses in front of him and the depression behind them and said, "Boss Qin, Boss Liu, this piece of land has an area of ​​2.4 square meters. Are you sure you want to develop it all?"

Liu Sen subconsciously looked at Qin Hao. Qin Hao took the blueprint and said to Director Zhao with a smile, "Even if it is twice as big, we can afford it. It depends on whether Director Zhao is willing to approve it for us."

Director Zhao smiled bitterly: "Boss Qin, please stop joking. There is no other place in Puxi with such a large area of ​​land. We only managed to vacate this after coordinating with several departments."

At that time, the core area of ​​Shanghai was still in Puxi, and Pudong was still a suburb. There is a saying in Shanghai: I would rather have a bed in Puxi than a room in Pudong. Although they are both Shanghai, there is a world of difference between them.

"Mr. Qin, when do you think we can start construction?" Director Zhao mentioned the issue that concerned him the most. Now that the contract has been signed, if Qin Hao suddenly withdraws his investment and quits, he would probably only be able to work as the director until retirement.

"As long as the three connections and one leveling are completed, construction can start at any time. In addition, the initial 50 million Hong Kong dollars has been remitted to the company's account in the mainland and is expected to arrive next week."

Upon hearing this, Director Zhao finally felt relieved and immediately said that as long as the capital verification was completed, the construction team could enter the site immediately.

The so-called "three connections and one leveling" actually means electricity, water, access and level ground. Don't underestimate these infrastructure projects. Not only can they save money, but they can also save companies a lot of trouble. This is also a preferential treatment for foreign capital. Ordinary private enterprises do not have this treatment.

A week later, 3500 million Hong Kong dollars arrived, which was million RMB according to the exchange rate. After Director Zhao personally verified the capital, the engineering team immediately entered the site.

Afterwards, Liu Sen witnessed for the first time the efficiency of the infrastructure maniac. In just 25 days, 2.4 square meters had completed the three connections and one leveling.

This also gave Liu Sen a shot in the arm, making him more confident that the mainland market would definitely develop.

Such a large-scale construction, located on the side of Nanjing Road, naturally attracted the attention of many Shanghai residents.

"What is the big fuss about? Is Shanghai going to have another five-star hotel?"

"No, I heard that a new department store is going to open."

"Nonsense, how can there be a department store that big? Hulian Department Store is not even one-tenth of that size."

"Anyway, no matter what it is, this boss must be very important. How much would it cost to build such a large area?"

Liu Sen stood on the balcony of a three-story building opposite, looking at the dusty construction site not far away, his excitement was beyond words: "Ahao, cooperating with you is the best decision I have ever made in my life."

Qin Hao just smiled faintly, without any intention of being humble.

A month later, Liu Sen boarded a flight back to Hong Kong. This trip to Shanghai was undoubtedly fruitful for him. Not only did he spend more than a month with his biological parents, but he also saw a commercial complex with unlimited possibilities in the future built from scratch.

After sending Liu Sen away, Qin Hao spent almost every day at the construction site. It wasn't that he didn't want to be a hands-off boss, but mainly because the construction team was still very unprofessional during that period. He didn't want to end up with a shoddy project, not only not making any money, but also becoming a wanted criminal.

Under Qin Hao's strict supervision, the construction team complained bitterly. Once they found a problem, they immediately redid the work. Those tricks that fooled laymen had no place to hide in front of Qin Hao. The experience in the construction industry accumulated in the world of "The Golden Years" came in handy at this moment.

Of course, Qin Hao was not just finding fault. He paid every penny to the construction team and strictly controlled the food. As the boss of Party A, he ate in the cafeteria with the workers every day, so who dared to withhold the food expenses?

Busy times always pass quickly. Eight months passed in a blink of an eye, and a three-story building with a unique shape and 18 meters high has risen from the ground.

(End of this chapter)