The Rebirth Of The Strongest Tycoon

Chapter 8

The next day, Xia Yu came out after breakfast.

He didn't go to the stock market first, but came to HSBC with a huge pile of cash. After handling creating an account, he handed the money over to the staff. The staff looked at Xia Yu in surprise. He can't think about it. These teens can make so much money, and many of them are change.

He could guess that the money seemed like something was wrong. After all, a young man would give so much money, as long as he was not stupid, he would doubt it. But he does not ask for too much, as long as he does his job well, there is no need to cause trouble.

Xia Yu did not care about the attitude of the staff. After handling the account, Xia Yu left the HSBC business hall and left for the Kowloon Stock Exchange.

Arriving outside the Kowloon Stock Exchange, although it is not yet time to open the market, many people have gathered here. Xia Yu smiled as she looked at the crowd inside.

Although Xiangjiang is not yet an international financial city for future generations, there are already some signs, as can be seen from people monitoring the stock market.

Of course, there are several reasons for the rise of the Hong Kong stock market.

First of all, most of the population in Xiangjiang is from the southeast mainland. The Chaoshan people love to gamble and do business. Therefore, the Hong Kong stock market is very prosperous, it can be said that almost anyone can trade stocks. This situation has given a large shareholder base to the Hong Kong stock market.

Second, the next generation of the Xiangjiang River became an international financial city for geographical reasons. Xiangjiang is a land window to the outside world. With the support of a population of over a billion people, it is strange that Xiangjiang did not take off.

In Hong Kong, the stock market price can be seen as the Hang Seng Index which was publicly released by the Hang Seng Bank in 1969, referred to as the Hang Seng Index.

The prosperity of the Hong Kong stock market can be seen from the four stock exchanges in Hong Kong. The existence of the Hong Kong Stock Exchange in the future has not yet emerged, and will not operate officially until 1986.

Currently, the four main Hong Kong Stock Exchanges (founded in 1947), the Eastern Stock Exchange (founded in 1969), the Gold and Silver Stock Exchange (founded in 1971), are listed as the, and the Kowloon Stock Exchange (founded in 1972) coexists in the situation.

Due to living in the Kowloon area, Xia Yu did not want to be near and far, but directly chose the Kowloon Stock Exchange. After all, he only had a very small capital, which was the same if taken everywhere.

“While the market is not open, buy the newspaper first and see if there is any useful information.” Xia Yu thought for a moment and walked straight to the newsstand not far from the door.

I must say that those who come to the exchange do not have bad money and understand the importance of the news. Of course, newspapers that can provide news are their top choice.

Therefore, the newsstand business is very good. The owner of the kiosk can collect money. Xia Yu did not choose which newspaper from which company. He took copies of various newspapers and paid to leave.

There is no time to waste. Xia Yu started reading directly from the top of “China” Economic Journal, and did not care about the latest news and other entertainment. He immediately turned to the economic and financial section, tracing quickly, and recalling useful information.

Time passed in Xia Yu's concentration.

After half an hour, Xia Yu read the news and analysis of over a dozen newspapers, then closed her eyes and tried to recall the memories she had in mind.

The exact news in this newspaper, Xia Yu focused on memorizing, and then integrating all the news that could be linked and integrated, and she actually got some useful news for him. As for the analysis of the editors in the newspaper, Xia Yu was unable to deny it.

Judging from the mix of memories of so many financial tycoons, this so-called expert analysis could be said to be relatively naive, and some analyses were full of gaps. Even if the analysis was correct, the analysis was relatively simple, and ordinary people could not find it even if they saw it, which was completely useless to Xia Yu.

“Time runs out, market opens soon!” Back then, a vote came from the Kowloon Stock Exchange, and it was about time.

Xia Yu stood up, patted her pants, and walked towards the Kowloon Stock Exchange. As for the newspaper he bought, he stayed all. To him, it was no longer useful. Everything that had to be recorded was already on his mind.

After entering the Kowloon Stock Exchange, Xia Yu walked towards the HSBC Securities Investment Department. If he wants to trade stocks, he must open an account first.

After opening the account, Xia Yu stood in the hall and observed.

Although it was not until 1978 that many companies were listed on the Hong Kong Stock Exchange, most of the companies were owned by the so-called big and small families of Hong Kong, there are also companies started by old-fashioned family tycoons

After all, most of the people in Xiangjiang were from the southeast of the mainland. These places had a strong business atmosphere, Zhejiang merchants, Wenzhou merchants, Chaoshan merchants, etc., all of them had bold personalities, so it was natural for some to make a breakthrough.

Since there were many companies listed, Xia Yu did not have much time to analyze them one by one, so she started searching directly based on the useful information obtained in the newspapers.

The blue water business!

Blue Water Commercial Company is a small company with a single business chain and poor anti-risk capability. A little trouble can easily affect the stock price. According to the news in the newspaper, another company in the same field that is several times larger than Blue Water Commercial invested With a large amount of funds to develop new products, and according to the instructions, it is, Jiusheng Commercial should have succeeded by this time, and the news will be released soon.

Moreover, the stock price of Lanshui Commercial fluctuated slightly in the past few days. Someone should have received some news. Xia Yu guessed that it might be done by the people from Jiusheng Commercial. He plans to take the opportunity to release news and cut meat from Lanshui Commercial and retail investors. .

Therefore, Xia Yu had two options, buying a Jiusheng business, or buying a Bluewater business; it was often said to be doing long-term business, or a short Bluewater business.

And since the scale of the Jiusheng Business is several times that of the Lanshui Business, and the plates are much larger, even if it is good news, the increase of the Jiusheng Business will not exceed the decline of the Blue Water Business.

So relatively speaking a lot, buying a blue water business will result in more profits!

Coupled with Xia Yu's plan to use five times the leverage, the profits were truly huge.

Of course, the risk of short-selling is also greater. If, after buying the blue water business and falling, meeting the dealer forcefully raising the stock price, Xia Yu used fivefold leverage, it would likely be liquidated, he said, it depends on when the news of Jiusheng Business broke.

However, the risks and benefits coexist. Judging from the memories of the financial tycoons in Xia Yu's mind, the business's downside risk of buying blue water with five times leverage was negligible, so Xia Yu was not afraid of this risk.

Moreover, money came too easily, even if it was a loss, Xia Yu felt not too depressed! Big trouble, take another risk and go to Hong Kong Island and spend a day or two to get it back.

Xia Yu thought about it again and found that nothing was missing. Xia Yu came to the chair of HSBC's investment department. Ignoring the somewhat surprised gazes of the staff, he instantly allocated the funds with leverage five times, utilizing 600,000 funds to purchase Blue Water.

120,000 funds are considered too many among retail accounts, and they are already qualified to apply for five times the leverage to allocate funds.