The rebirth of the Hong Kong Island chaebol, starting with a short-selling Eagle Sauce
Chapter 10: When others abandon me, I take it, going in the opposite direction!
This Sunday was anything but peaceful.
The four major groups headed by Huanghe Industrial announced their third quarter financial reports in advance.
Good news keeps coming out.
Looking at the newspapers collected by Hu, Wang Lei couldn't help but sneer on his face.
"The four rich people are really good at calculating!
They worked together over the weekend to use the media to drive up their stock prices, trying to get the Cayman funds to liquidate their positions after the market opened on Monday. "
"It's a pity that the time was not chosen very well."
"If it had been a few days earlier, I really might not have been able to win them."
"I just chose a Monday."
With this thought, Wang Lei threw all the newspapers aside and fell asleep under the quilt.
Liu Hu, who knew the inside story, shook his head. His boss was really big-hearted, and he could still sleep at such a critical moment.
Wang Lei, who wanted to sleep until dawn, was awakened by a rapid knock on the door late at night.
It was the voice of the old housekeeper.
"Third Young Master, I want you to go there quickly."
Wang Lei looked at his watch, it was just past 4 o'clock.
At this time, New York time is 18:16 on the 00th!
It’s time for U.S. stocks to close!
Wang Zhengyi, who was wearing pajamas, had bloodshot eyes and an excited expression. He seemed to have stayed up all night.
"A Lei, this is a fax from our beautiful country branch. Come and take a look."
Although Wang Lei hadn't looked carefully, he had already guessed the general content of the fax.
It was nothing more than exaggerating the collapse of the US stock market, and the Dow Jones index plummeted in 6 hours.
But when he actually saw the falling numbers, Wang Lei was shocked.
The people in the branch described the panic in the US stock market in great detail.
Investors were selling their stocks one after another, too eager to negotiate the price.
As a result, the computer system of the New York Stock Exchange was paralyzed.
There were many selling orders that were lagging behind, and a large number of transactions were not executed.
"The US stock market lost $5000 billion in market value in a few hours?"
"Yes, son, your inside information came just in time."
Wang Zhengyi understands finance, and US stocks are the benchmark for global finance.
The panic in the U.S. stock market will soon spread to stock markets around the world.
As one of the world's trading centers, Hong Kong stocks will naturally be greatly affected.
Wang Zhengyi was terrified when he thought of this. If he rented out his stocks, the loss would definitely not be 01:30 points.
Fortunately, he sold all the stocks he held.
If you don't lose, you will make a profit, and the feeling of worrying about gains and losses suddenly disappears.
What followed was immense joy.
Fortunately, he listened to his younger son's advice and listed Peninsula Technology ahead of schedule, otherwise he would be the one having a headache now.
At this moment, two brothers, Xiaotian and Xiaosheng, came to the hall sleepily.
"Dad, what do you want to do with me at this late hour? Can't we save big things for the day?"
"Recently, we have been working hard for Peninsula Technology to go public, and finally had a good night's sleep."
Listening to the complaints of the two guys, Wang Zhengyi said angrily:
“Look at you.
If Ah Lei was even half-grown, I wouldn't have to worry so much about this family.
You two bastards, go wash your faces quickly.
The next action is crucial. Whether our Wang family can become the fifth largest family depends on this! "
"Got it, Dad."
The two of them saw that their father was serious and hurriedly went to the sink to wash their faces.
"A Lei, what do you think we will do next?"
Wang Zhengyi's face was filled with the desire to please, and he was so kind that it was a bit embarrassing.
It aroused a burst of jealousy between the two brothers. Comparing one another is really irritating.
"Dad, I guess the sharp drop in the U.S. stock market is just the beginning. Next, we will have to make a big fuss around Peninsula Technology."
"Oh?" Wang Zhengyi was a little confused. Is there any need to discuss Peninsula Technology?
"Peninsula Technology is bound to fall sharply in the next few days. I am thinking about the possibility of buying back shares and delisting Peninsula Technology."
These words made Wang Zhengyi fall into deep thought.
Only the two brothers had not yet come to their senses, so Xiaotian asked a very idiotic question:
"Brother, why are we delisting after we just went public?"
"Humph, I told you to read more books, but you don't listen. The rules here are very profound."
"Lei, please explain to them carefully."
Wang Lei twitched the corner of his mouth, Dad, you don’t understand it either.
"Suppose that Peninsula Technology fell by 40% continuously during the stock market crash, or even fell below the issue price, and our company still holds the 20 billion Hong Kong dollars raised in its accounts. Brother, what would you do?"
The father and son couldn't help but tremble.
They all said in unison: "Of course it is to announce that the stock price cannot reflect the true market value, publicly repurchase the stock, and then apply for delisting!"
“Yes, the stock market crash will make all investors lose confidence, and of course they are willing to stop losses in time.
As long as we are willing to buy, they are also willing to pay a lower price. "
Wang Xiaosheng shouted excitedly: "When Peninsula is delisted, the company will become owned by our Wang family again, and any remaining funds raised will be ours!"
"Brother, this is a really good move."
"Damn it, doesn't that mean that not only did we not lose money, we also made a small profit."
The resentment they had before was gone at this moment.
Just then, Wang Lei took out his ears. The shouting of the two people just now made him tinnitus a little.
He went on to describe his plan:
"Delisting is just the beginning. After a few years, when the stock market recovers, we can relist Peninsula Technology!"
By choosing the bull market to re-list, Peninsula Technology can raise funds again, and their shares will grow exponentially!
Hearing this, the father and son were all stunned.
Wang Zhengyi took a good look at his youngest son:
"Did you learn all this abroad?"
Wang Lei responded with a guilty conscience:
"That's it."
"Good brother, it was all my fault as an elder brother in the past. I hope you will not remember the past unhappiness."
Wang Xiaotian was scared. This kid was very thoughtful and very calculating. If he was given a chance one day, with his ability, he would probably have to help count the money if he was sold.
Seeing the boss's useless look, Wang Xiaosheng was very disdainful. He took out a card:
"Brother, this is the supreme membership card of Baijinhan Club. There is a membership fee of 100 million yuan on it. You can use it and you can get a [-]% discount by signing my name."
"What the hell?"
Just when Wang Lei was thinking about how to resist, Wang Zhengyi suddenly said to himself:
"opportunity finally arises!"
"Dad, what opportunity has come?"
"The opportunity to become a major shareholder of the four major groups has finally come!"
"The delisting matter is not urgent. I will use the raised money to buy all the stocks of the four major groups."
"I will use all the funds I can mobilize to buy the stocks of the four major groups when the stock prices are low."
Wang Lei couldn't help but glance at his cheap daddy. Could it be that his daddy was really a genius and could always make the most appropriate decision at critical moments.
You must know that Huanghe Industrial has increased 42 times in 2813 years!
The four major groups headed by Huanghe Industrial announced their third quarter financial reports in advance.
Good news keeps coming out.
Looking at the newspapers collected by Hu, Wang Lei couldn't help but sneer on his face.
"The four rich people are really good at calculating!
They worked together over the weekend to use the media to drive up their stock prices, trying to get the Cayman funds to liquidate their positions after the market opened on Monday. "
"It's a pity that the time was not chosen very well."
"If it had been a few days earlier, I really might not have been able to win them."
"I just chose a Monday."
With this thought, Wang Lei threw all the newspapers aside and fell asleep under the quilt.
Liu Hu, who knew the inside story, shook his head. His boss was really big-hearted, and he could still sleep at such a critical moment.
Wang Lei, who wanted to sleep until dawn, was awakened by a rapid knock on the door late at night.
It was the voice of the old housekeeper.
"Third Young Master, I want you to go there quickly."
Wang Lei looked at his watch, it was just past 4 o'clock.
At this time, New York time is 18:16 on the 00th!
It’s time for U.S. stocks to close!
Wang Zhengyi, who was wearing pajamas, had bloodshot eyes and an excited expression. He seemed to have stayed up all night.
"A Lei, this is a fax from our beautiful country branch. Come and take a look."
Although Wang Lei hadn't looked carefully, he had already guessed the general content of the fax.
It was nothing more than exaggerating the collapse of the US stock market, and the Dow Jones index plummeted in 6 hours.
But when he actually saw the falling numbers, Wang Lei was shocked.
The people in the branch described the panic in the US stock market in great detail.
Investors were selling their stocks one after another, too eager to negotiate the price.
As a result, the computer system of the New York Stock Exchange was paralyzed.
There were many selling orders that were lagging behind, and a large number of transactions were not executed.
"The US stock market lost $5000 billion in market value in a few hours?"
"Yes, son, your inside information came just in time."
Wang Zhengyi understands finance, and US stocks are the benchmark for global finance.
The panic in the U.S. stock market will soon spread to stock markets around the world.
As one of the world's trading centers, Hong Kong stocks will naturally be greatly affected.
Wang Zhengyi was terrified when he thought of this. If he rented out his stocks, the loss would definitely not be 01:30 points.
Fortunately, he sold all the stocks he held.
If you don't lose, you will make a profit, and the feeling of worrying about gains and losses suddenly disappears.
What followed was immense joy.
Fortunately, he listened to his younger son's advice and listed Peninsula Technology ahead of schedule, otherwise he would be the one having a headache now.
At this moment, two brothers, Xiaotian and Xiaosheng, came to the hall sleepily.
"Dad, what do you want to do with me at this late hour? Can't we save big things for the day?"
"Recently, we have been working hard for Peninsula Technology to go public, and finally had a good night's sleep."
Listening to the complaints of the two guys, Wang Zhengyi said angrily:
“Look at you.
If Ah Lei was even half-grown, I wouldn't have to worry so much about this family.
You two bastards, go wash your faces quickly.
The next action is crucial. Whether our Wang family can become the fifth largest family depends on this! "
"Got it, Dad."
The two of them saw that their father was serious and hurriedly went to the sink to wash their faces.
"A Lei, what do you think we will do next?"
Wang Zhengyi's face was filled with the desire to please, and he was so kind that it was a bit embarrassing.
It aroused a burst of jealousy between the two brothers. Comparing one another is really irritating.
"Dad, I guess the sharp drop in the U.S. stock market is just the beginning. Next, we will have to make a big fuss around Peninsula Technology."
"Oh?" Wang Zhengyi was a little confused. Is there any need to discuss Peninsula Technology?
"Peninsula Technology is bound to fall sharply in the next few days. I am thinking about the possibility of buying back shares and delisting Peninsula Technology."
These words made Wang Zhengyi fall into deep thought.
Only the two brothers had not yet come to their senses, so Xiaotian asked a very idiotic question:
"Brother, why are we delisting after we just went public?"
"Humph, I told you to read more books, but you don't listen. The rules here are very profound."
"Lei, please explain to them carefully."
Wang Lei twitched the corner of his mouth, Dad, you don’t understand it either.
"Suppose that Peninsula Technology fell by 40% continuously during the stock market crash, or even fell below the issue price, and our company still holds the 20 billion Hong Kong dollars raised in its accounts. Brother, what would you do?"
The father and son couldn't help but tremble.
They all said in unison: "Of course it is to announce that the stock price cannot reflect the true market value, publicly repurchase the stock, and then apply for delisting!"
“Yes, the stock market crash will make all investors lose confidence, and of course they are willing to stop losses in time.
As long as we are willing to buy, they are also willing to pay a lower price. "
Wang Xiaosheng shouted excitedly: "When Peninsula is delisted, the company will become owned by our Wang family again, and any remaining funds raised will be ours!"
"Brother, this is a really good move."
"Damn it, doesn't that mean that not only did we not lose money, we also made a small profit."
The resentment they had before was gone at this moment.
Just then, Wang Lei took out his ears. The shouting of the two people just now made him tinnitus a little.
He went on to describe his plan:
"Delisting is just the beginning. After a few years, when the stock market recovers, we can relist Peninsula Technology!"
By choosing the bull market to re-list, Peninsula Technology can raise funds again, and their shares will grow exponentially!
Hearing this, the father and son were all stunned.
Wang Zhengyi took a good look at his youngest son:
"Did you learn all this abroad?"
Wang Lei responded with a guilty conscience:
"That's it."
"Good brother, it was all my fault as an elder brother in the past. I hope you will not remember the past unhappiness."
Wang Xiaotian was scared. This kid was very thoughtful and very calculating. If he was given a chance one day, with his ability, he would probably have to help count the money if he was sold.
Seeing the boss's useless look, Wang Xiaosheng was very disdainful. He took out a card:
"Brother, this is the supreme membership card of Baijinhan Club. There is a membership fee of 100 million yuan on it. You can use it and you can get a [-]% discount by signing my name."
"What the hell?"
Just when Wang Lei was thinking about how to resist, Wang Zhengyi suddenly said to himself:
"opportunity finally arises!"
"Dad, what opportunity has come?"
"The opportunity to become a major shareholder of the four major groups has finally come!"
"The delisting matter is not urgent. I will use the raised money to buy all the stocks of the four major groups."
"I will use all the funds I can mobilize to buy the stocks of the four major groups when the stock prices are low."
Wang Lei couldn't help but glance at his cheap daddy. Could it be that his daddy was really a genius and could always make the most appropriate decision at critical moments.
You must know that Huanghe Industrial has increased 42 times in 2813 years!
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