The Rebirth Of The Strongest Tycoon

Chapter 10

520,000 Hong Kong dollars!

And this was the money he could get!

Except for a base capital of 120,000, it generates the equivalent of 400,000 Hong Kong dollars!

I have to say that Bluewater stock price is quite low according to the trend. If no market maker controlled and allowed the stock price to fall freely, how could Xia Yu produce so much? This is from the decline in stock prices of several other companies in the same industry. It can be seen that the blue water business can only be blamed for being too weak and being targeted by dealers!

Of course, even though Xia Yu made 400,000 Hong Kong dollars, it did not mean that this was money in her account. The money in his account is over 520,000 Hong Kong dollars, but the net profit on his hands is not so much.

After all, HSBC's investment department was not a new Player, it was unlikely to help Xia Yu to operate in vain, without profit, he said, and also used the leverage of 5 times to allocate funds to provide financial support for Xia Yu!

Since this is not for nothing, it certainly requires a commission!

In addition to raising some money from HSBC's investment department, the Kowloon Stock Exchange also raised some of that money.

That is 2.5% commission, 1% share stamp duty, 0.02% investor compensation levy, 0.05% SFC transaction fee, 0.05% Kowloon Exchange, 0.05% clearing company settlement fee, etc., which amounts to about 3.6% from Transaction fees.

As long as you are trading stocks on an exchange, you have to withdraw the money, no one can escape!

So, running a stock exchange is also a business, and a stock exchange is equivalent to a company. This is why there are four exchanges in Xiangjiang.

After all, the threshold for setting up an exchange is relatively low, and it will definitely yield a steady profit without losing any money. Various facilities you can also get. Using the stock exchange can also exchange favors and profits. With so many benefits, of course everyone wants to participate.

This is also not allowed by the Hong Kong government, otherwise there will definitely be a fifth and sixth exchanges.

Of course, then the Hong Kong government also learned that some exchanges were very unprofitable for the Hong Kong stock market, so it took steps to integrate the four exchanges into one.

There was not much to say, Xia Yu did not think of these damned things right now. He has already filed for all funds to be withdrawn after repayment. Even if HSBC's investment department staff advised her to complete the settlement later, Xia Yu ignored her.

Although there was still room for the share price of the Blue Water Commercial Company to drop, to Xia Yu, she no longer valued profits. He has more important things to do.

After all, the stock market will be closed for two days. If the funds were not collected, Xia Yu's funds were equal to idle, and Xia Yu's time for these two days was completely wasted.

Seeing that Xia Yu firmly wanted to withdraw the funds, the staff of HSBC Investment Department could only agree with some regret, but she did not offend Xia Yu. After all, he looked at Xia Yu's ability, although he suspected there was an element of luck.

Therefore, Xia Yu successfully submitted a settlement application and only filed a withdrawal after the settlement was completed tomorrow.

It was not that Xia Yu could withdraw the cash if she wanted to withdraw. He had to wait until the day after tomorrow to transfer all the funds to his bank account.

It should say the difference between Hong Kong shares and domestic A shares earlier.

Hong Kong shares are the same as US shares. Stock trading can be traded on T+0. You can buy the same day and sell the same day. You can trade many times on the same day, whatever you want.

But after the draw, if you want to withdraw the money from the sale, you have to wait until the second business day after the transaction day. This is the settlement of T+2, and T refers to the transaction day.

Before T+2, customers cannot withdraw cash, physical stock, and purchased stock transfer.

The previous generation of mainland A shares was different. In 1992, the Shanghai Stock Exchange also implemented the trading rules of T+0. In 1993, the Shenzhen Stock Exchange also removed the trading rules of T+1 and implemented the trading rules of T+0.

However, the stock market went crazy afterwards. Taking into account the control of risk, it was forced to be changed back to the T+1 settlement system in 1995, and the transaction is also T+1, that is, buying on the same day can only be sold the next day, not on the same day as Hong Kong stocks. The system buy on the same day and sell on the same day, T+1 system was not changed until 2017.

Mature stock market everything is T+0 transaction. From this point, it can be seen that the stock market system on the mainland was not very mature in the past, and state control is still very tight.

And the difference between Hong Kong stocks and next-generation A stocks is that there is no daily limit system. It is okay for stocks to rise ten times or fall ten times a day, not the daily limit of 10%.

But for a capable person like Xia Yu, this was a great opportunity.

Although the stock market is more prone to volatility and risk, it tends to skyrocket and fall, but the gains are also more profitable.

For people in the financial industry, having risks is natural. For higher profits, it is really beneficial to take risks.

There is no shortage of players in this world!

This loose system, similar to Europe and the United States, is also a very important part of the reason why Xiangjiang became a financial center.

After being busy, Xia Yu returned home and started thinking about tomorrow's affairs.

once again looking at the script of “Searching for the written Qin”, Xia Yu smiled at the corner of her mouth and muttered: “This is coming soon, it will come out soon! Tomorrow I have to hurry to find a target and buy a media company! ”

That's right, Xia Yu was planning to run the newspaper!

Although it seems to be faster to make money in the stock market now, it went from 120,000 funds to 520,000 in one day, but this is not normal. It was just luck to find such an opportunity. It was purely an accident.

According to the normal situation, retail investors take a long time to invest in stocks and capital to 520,000. Even if Xia Yu came to operate, it would take at least ten or half months.

Moreover, for Xia Yu, making money in the stock market could be done later. He desperately needed to publish a novel according to his plans and create his own career to convince his parents to allow him to drop out of school.

If Xia Yu only had the funds, it would be difficult to mention the source first. Second, even if you make millions in the stock market, he will panic if he tells his parents. It's hard to guarantee that he won't catch it. After all, he was only 16 now!

That was why Xia Yu wanted to run newspapers, publish her novels, and convince them in a way that was more acceptable to the parents.

Now that she wanted to run the company, Xia Yu had already thought about it.

For Xia Yu, rebuilding a new newspaper was not only time-consuming, but he had no contact yet, and there was no way to run a newspaper in such a short period of time. What he lacks now is time!

What should I do if I am short on time? No problem, as long as you have money!

Money is not a panacea, but as long as you have money, you can do most things in the world, and buying a company is only within the scope that money can do.

For Xia Yu, he wanted to buy a small company, and the 520,000 Hong Kong dollars fund was more than enough!

The acquisition of M&A companies is a relief from the rapid growth of the company. Doesn't see Cisco, which has become the world's first company in future generations, its history is a history of mergers and acquisitions.

For this reason, Cisco has also acquired a reputation-acquisition system!

Under the leadership of M&A Madman Chambers, in just ten years, Cisco has acquired more than 90 companies, and it took just over ten years from its founding to the top of the world!

This is the charm of mergers and acquisitions!

Of course, all this is inseparable from one thing, which is money!

Xia Yu was sure that her abilities were no worse than M&A Madman Chambers. As long as he had enough money, he could also stage a snake tuning plot scene and bring the company to the top of the world. This is a belief brought by many memories of industry leaders.

It is unfortunate that all his assets now amount to only 520,000 Hong Kong dollars. It's too early to want to buy someone else's company wildly.

So come here first, don't think of getting to the sky!

“But that doesn't matter, it all starts with the acquisition of the first company!” Xia Yu muttered, her eyes glittering.