Movie: Get Alpha Dog at the start
Chapter 800 The End of Mr. A
Chapter 800 The End of Mr. A
Becoming famous in one battle is the true portrayal of Abao. From that night on, the era when the Qilin Club of Shanghai Stock Exchange was a one-man show was gone forever. Abao's joint fleet became the new vane of the Shanghai Stock Exchange, and many old stock investors began to study Abao's operating habits.
On the Yellow River Road, Abao also became a focal figure. All those who traded stocks wanted to get information from him in an attempt to get rich together with him.
After this day, the Shanghai stock market reversed its previous downward trend and began to rise strongly.
Many investors believed that the previous stock market decline was due to the conflict between Qilinhui and Abao. Now that the conflict has been resolved, it is normal for the stock market to rise. Many investors also wanted to get in on the action, so they jumped on board.
Little did people know that after the stock price had risen for a week, Abao and Qilin Club had already started to reduce their holdings tacitly.
According to A Bao's estimation, all of Qin Hao's 30 million funds can be withdrawn in about a month, and there will still be at least % profit at that time.
Of course, all of this is based on the news of the stock market expansion. When it was not known to the public, people from Qilin Society and the Combined Fleet were asked to keep their mouths shut, but no one would joke with their own interests.
As the Spring Festival approached, Qin Hao left Shanghai and rushed to Shenzhen.
Shenzhen MixC and HEMA Supermarket have just been open for less than half a year, and they have already welcomed a major festival such as the Spring Festival. They can take this opportunity to develop new users and consolidate old users.
In addition, the staff in Shenzhen lacked experience, and Mr. Xu could not handle it alone. Liu Sen was busy with the listing of Hema Supermarket and could not spare the time, so Qin Hao had to take action himself.
"Mr. Qin." Mr. Xu stepped forward and gave Qin Hao a bear hug.
Qin Hao smiled and patted his shoulder: "You don't have to come in person if you are so busy."
Mr. Xu just smiled and said nothing.
We arrived at the headquarters of MixC Plaza in Shenzhen. After entering the office, Mr. Xu began to report on the recent operations.
Relatively speaking, MixC Plaza is far ahead in terms of passenger flow and sales, while Hema Supermarket focuses on the boutique route, and the number of members has exceeded 100,000, which is a very good result.
"What do you think about this Spring Festival?"
Facing Qin Hao's question, General Manager Xu sat upright and said, "Last year's flower market in Shanghai was very effective. I noticed that people in Guangdong like to buy potted plants during the Spring Festival: kumquats, money trees, etc. I have asked the purchasing department to order a batch from the greenhouse in Guangzhou. This way, when customers come to us, they can buy all the New Year goods directly without having to run around."
"Well, this event is good. What about Hema Supermarket?"
Mr. Xu was a little stuck for a moment.
Qin Hao did not blame him. He tapped his fingers on the table and said, "How about this? From now on, from the 28th day of the lunar calendar to the fourth day of the first lunar month every year, we will designate Hema Supermarket's membership week. At that time, except for the special products, all items will be % off."
“20% off? Isn’t that too much?” Mr. Xu was hesitant to speak after hearing this.
Qin Hao knew what he was worried about. Hema Supermarket originally took the low-profit route. The gross profit margin of a commodity was only about 5% to 8%. Selling it at a % discount was completely losing money.
"First of all, Hema adopts a membership system, and the number of customers is limited. Even if 100,000 members all buy items worth 1,000 yuan, we will only lose 20 million yuan. Mr. Liu is preparing for an IPO, and the market value of Hema's IPO is closely related to the number of our members. This money is well spent."
Hema Supermarket is different from MixC. The main profit point does not lie in how many goods are sold, but in how many members it has.
The entire store is 20% off, and it's the right time to buy New Year's goods. If you spend 100 yuan to get a card, the remaining money will be at least 200 yuan. Customers will calculate this deal.
Never underestimate the wisdom of ordinary people.
Low price is always the best way to attract customers, especially in a period when customers are generally not that rich.
Previously, the 100-yuan membership fee of Hema Supermarket really discouraged many customers. This time, Qin Hao wanted to take advantage of the overlapping of holidays and 20% off promotions to break down the customers’ psychological defenses.
As for whether customers will renew their subscriptions in the future, Qin Hao believes that 80% of customers who have had shopping experience in Hema Supermarket will like it here. Besides, the % off membership week is not a one-time deal, it happens every year.
This is to cultivate customers' consumption habits, just like in the early days of McDonald's, it often gave children some free French fries and hamburgers. Later, when these children grew up, they naturally became loyal users of McDonald's.
"Besides, we can also talk to the manufacturers. Such promotions will benefit everyone. Let them give up some of their profits, and together we can make the pie bigger."
This is the advantage of a big store. Now manufacturers are begging Qin Hao to sell goods, and he has the final say on whether to hold promotions and how to do it.
In fact, after Mr. Xu contacted Hema’s merchants, most of them were willing to cooperate and offer discounts.
As for those who don’t want to participate, that’s fine too, everything is voluntary.
Then move your products to remote shelves, and put the merchandise you are willing to give a discount on in prominent locations. After all, I will lose money when selling your goods, so it is better to lose less. This will not be considered a breach of contract, right?
After Mr. Xu’s “heartfelt” speech, the manufacturers all “happily” signed the price adjustment agreement.
The very next day after Qin Hao arrived in Shenzhen, Mr. A called him.
Qin Hao deliberately delayed him for two days before agreeing to meet him.
"Mr. A is really well-informed. You found out about my arrival not long ago."
Mr. A explained with a smile: "Boss Qin is a well-known figure. He is the focus wherever he goes. It's hard for me not to know him."
After the two exchanged a few pleasantries, Mr. A changed the subject: "Boss Qin is very courageous. With one move, he forced the Qilin Society to hold a banquet to admit its mistake."
"Mr. A, you are joking. In your eyes, the Qilin Society is nothing but a bunch of bricks and tiles."
In fact, this is exactly the case. In Mr. A's opinion, the methods used by Qilin Society are too crude. In other words, Shanghai stock investors do not understand stocks well. If it were him, he could also easily defeat Qilin Society.
"How is the Shenzhen stock market doing recently?" Qin Hao asked casually.
Talking about the Shenzhen stock market, Mr. A became excited: "Mr. Qin, the Shenzhen stock market is much better than the Shanghai stock market. Your investment of 70 million is now worth nearly 200 million."
Although the Shanghai Stock Exchange was the first to officially open, Shenzhen is, after all, the bridgehead of reform and opening up, and all the hot money in the country is concentrated here. In terms of the size of the capital pool, the Shanghai Stock Exchange cannot compare with Shenzhen.
This is also the reason why the Qilin Society can dominate the Shanghai stock market, but Mr. A cannot do whatever he wants in the Shenzhen stock market.
"But, why did I hear that the Shanghai Stock Exchange is preparing to expand?" Qin Hao changed the subject.
Mr. A said quickly, "Mr. Qin, the Shenzhen stock market expansion is definitely a rumor. The higher-ups are still hesitating, and even if they decide to expand, it will take at least half a year to finalize it."
Qin Hao nodded secretly, and had to admit that Mr. A's judgment on the policy was relatively accurate. The listing of new stocks involved more than just issuing a few stocks. As of now, the companies that can be approved for listing are basically state-owned enterprises and collective enterprises.
Going public can raise funds, but who the money should be given to and who not is a big issue, as it involves the interests of all parties and it will take at least half a year to be implemented.
“But once the news of the stock market expansion is revealed, the stock market will easily collapse.”
Mr. A's heart skipped a beat when he heard this: "What Mr. Qin means is..."
"As a person, you should not be too greedy. It's better to put the money in your pocket and run. What do you think?" Qin Hao poured a cup of tea for Mr. A and placed it in front of him.
Mr. A picked up the teacup, but put it down immediately.
"But Mr. Qin, it is far from the point of withdrawing now. Moreover, although the expansion of the stock market will cause turbulence in the short term, as new stocks are listed, the entire capital pool will become larger and larger, and the Shenzhen stock market will still be upward as a whole."
"The stocks you hold are worth 200 million now, and they may become 400 million or even 1 billion in the future."
Qin Hao waved his hand: "Four hundred million or one billion, that's all for the future. If it doesn't work, I'll wait until the stock market expands and then buy the bottom. Now the increase has reached my psychological expectations, so I'd better quit while I'm ahead."
Mr. A was caught in a dilemma. He came to Qin Hao, actually wanting Qin Hao to make additional investment, but he didn't expect that the other party not only did not make additional investment, but also wanted to cash out and leave.
"What? Are you having trouble?"
Mr. A smiled bitterly: "It's not difficult, but you have such a large plate and suddenly want to cash out. If there are some unfavorable rumors outside, it will easily cause the stock market to crash."
"That depends on how you operate. I believe in your ability." Qin Hao patted Mr. A on the shoulder.
Seeing that things had come to this, Mr. A had no choice but to agree.
Looking at Mr. A's obviously messy steps, Qin Hao raised a playful smile.
After returning to the Nan Guo Investment Sales Department, Mr. A immediately called all the key members to the office for a meeting and told them the news that Qin Hao wanted to cash out.
Qiang Mujie frowned and said, "If President Qin wants to withdraw his investment, our previous plan to increase our holdings will have to be shelved."
Chen Zhen said, "That can't be helped. Mr. Qin's plate is not small. It's difficult for retail investors to buy it all. It might even cause a full-scale decline in the market."
All the members in the conference room turned their eyes to Mr. A, waiting for him to assign tasks.
However, this time Mr. A made a decision that surprised everyone.
"The plan to increase holdings will continue. I will delay Mr. Qin's request for a while. The Spring Festival is just half a month away. We can sell it after the Spring Festival."
Chen Zhen stood up immediately: "What if Mr. Qin..."
"It doesn't matter. It's only half a month. Besides, after the implementation of our share purchase plan, it helped Mr. Qin make a lot of money. He must be very happy." Qiang Mujie also chimed in.
Mr. A nodded in appreciation: "That's right, who would have a problem with money? If Mr. Qin calls, just say you are executing it and leave the rest to me."
In the eyes of Mr. A and Qiang Mujie, Qin Hao is actually no different from those local tycoons. As long as they can help him make money, everything will be fine.
In the following week, under the operation of Nan Guotou, the Shenzhen stock market ushered in another wave of surge before the New Year, making many investors who made money grin from ear to ear. Of course, there were also some investors who sold some of their stocks in order to go home for the New Year, and all of them were bought by Mr. A.
For a whole week, Qin Hao asked Mr. A about stocks, mainly because he was busy with the Spring Festival activities of MixC Plaza and Hema Supermarket.
It was not until the last Monday before the Spring Festival that Qin Hao called Mr. A.
The answer he got was naturally the answer he had prepared in advance.
Qin Hao just checked his stock account and knew what this guy was up to.
"You think I'm a fool and easy to fool, right?"
Hearing Qin Hao's cold tone, Mr. A panicked: "Boss Qin."
"I'll give you one last chance. Cash out all my stocks before the Spring Festival market closes, otherwise I will invest them all in the secondary market." Qin Hao snorted coldly and hung up the phone.
Mr. A stood there for a long time. Qin Hao had always been very polite to him before, which made him forget that how could a man who could build such a big business in this day and age be someone who could be manipulated by others at will.
There was no other choice but for Mr. A to call Qiang Mujie and Chen Zhen to his office.
Chen Zhen panicked for a moment: "What should we do now? If President Qin really sells all the stocks he has, it will definitely cause a big drop in the market."
"Can't President Qin be more flexible? It would be a loss for him if he threw it away before the New Year."
"Then I'll try again and talk to President Qin in person."
In the end, Mr. A brought Qiang Mujie to Vientiane Plaza, but the reply they got was that Qin Hao was in a meeting and had no time to see them.
The two waited at Vientiane Square until night, but Qin Hao did not show up.
The next day, just when Mr. A and Qiang Mujie were racking their brains over what to do, news came from Shanghai that the rumor of stock market expansion began to circulate in the market, causing the stock price to plummet. Feilo Electric Appliances fell 10% in one day. The Shanghai stock market was in mourning, and investors were in tears. The Chinese New Year was just around the corner, but such news came out, which simply did not allow people to have a good new year.
Mr. A became even more worried after hearing the news.
To make matters worse, the Shenzhen stock market soon experienced a sharp decline. Many investors also heard the news about the Shanghai stock market and were worried that the Shenzhen stock market would also fall. After the market opened, they sold all their stocks.
As a result, the Shenzhen stock market began to plummet, with the highest drop in a single stock exceeding 35%.
And if the market opens at this rate tomorrow, the price will continue to fall. For a while, the Shenzhen stock market is gloomy.
Mr. A was stunned. He had borrowed countless loans and private lending before. The reason why he had been safe and sound was that the stock market had been rising and people believed that he had the ability to repay.
Now that the stock market is falling, those debt collectors have blocked the Nan Guo Investment business hall directly, especially some private lenders, who are so ferocious that they almost tore Mr. A to pieces on the spot.
(End of this chapter)
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