I Want To Be a Rich Man on Hong Kong Island

Chapter 444 [Hong Kong Island Economic Recovery 1]

In early January 1969, Everbright Securities.

Liu Yu came to Wu Guangyao's office and said, "Boss, Buffett notified our partners that his funds will be refunded!"

Wu Guangyao pretended to be contemplative, and said for a moment: "How is our income in the Buffett Investment Club?"

Liu Yu replied: "The principal is 100 million U.S. dollars. After two years of investment, the assets have reached 165 million U.S. dollars."

Wu Guangyao nodded, and said, "With an annual return rate of nearly 30%, Buffett is not easy!"

Liu Yu said: "It's really not easy! The most important thing is that he is quite calm. The U.S. stock market has risen for almost ten years. How many people can keep calm!"

It seems that Liu Yu also agrees with Buffett's judgment and has a certain sense of danger in US stocks.

Wu Guangyao said: "Well, it seems that the U.S. stock market is about to fall! Anyway, there are no cheap stocks in the U.S. stock market, so let's get out too!"

Liu Yu said: "Okay, then get out immediately to avoid a stock market crash!"

Liu Yu has no doubts in Wu Guangyao. If Buffett has some insight, then his boss is even more authoritative in this regard!

Wu Guangyao said: "The funds of Buffett's investment club will be withdrawn immediately, and the Wu family fund of Tiger Fund will be withdrawn within three months."

After these two funds were withdrawn, Wu Guangyao had a movable fund of nearly 300 million US dollars;

In addition, the immediate dividends of shipping can get another 400 million US dollars, as well as the profits of various companies last year;

Then, at the beginning of 1969, Wu Guangyao had a cash flow of 800 million US dollars.

How to spend 800 million US dollars?

Obviously, if there is a bank, it is losing money!

Money can only be preserved if it is invested!

There is no doubt about continuing to invest in spot gold, Wu Guangyao currently owns 300 tons of gold (purchasing is in progress);

Wu Guangyao decided to invest another 400 tons of gold spot, which is expected to cost 500 million US dollars.

With 300 million US dollars remaining, Wu Guangyao soon made a decision;

Wu Guangyao decided to divide the 300 million US dollars into two parts, of which 100 million US dollars will be used to invest in real estate in Tokyo, Vancouver, Toronto and other places;

Another 200 million U.S. dollars is deposited in Everbright Bank, which can be withdrawn for investment at any time.

Liu Yu hesitated for a moment, and said: "Boss, the stocks you told me are indeed high-quality stocks in Hong Kong stocks. But at this time, the stock market is going up more and more. I think we should spend another sum of money. , to invest in other securities.”

Wu Guangyao said: "Yes, China Everbright Bank will provide 50 million Hong Kong dollars for you to operate! But the stocks I mentioned are related to my major affairs, and they are not for investment and speculation, so they are not allowed to be sold, and we have to continue Buy it quietly for me."

Liu Yu quickly said seriously: "Don't worry, boss, I remember this matter clearly, and I did it myself, and it is absolutely confidential."

Wu Guangyao nodded, and then said, "Give me an analysis of the stock market situation on Hong Kong Island at this time?"

Liu Yu sorted out his thoughts, and said: "The stock market rebound actually started in April last year (1968); after nine months of rising, the stock index rose from 56 points to 130 points, an increase of nearly double. .”

I have summarized six reasons for this situation: stable situation, influx of foreign capital, abundant local hot money, 'flooding' of banks (excessive deposits), optimistic economic development prospects, and low supply of stocks. "

Hearing what Liu Yu said, Wu Guangyao became interested and said, "Explain these six reasons to me!"

Liu Yu knew that the boss was testing himself, and he couldn't be ashamed.

"The first reason is that the situation is stable; after experiencing the riots, the citizens of Hong Kong Island look forward to and cherish the peace and stability after the riots. Since 1968, there have been voices yearning for peace and calling for harmony, whether it is the external Chinese political situation, the international situation, or the internal society of Hong Kong Island.

This atmosphere is obviously very important to investors.

At the beginning of last year, the political environment of Hong Kong Island stabilized. High-level officials from the mainland instructed not to change the status quo of Hong Kong, and resumed the supply of daily necessities from the mainland to Hong Kong. Other export commodities also increased greatly; A fundamental factor in active trading. "

Wu Guangyao nodded, Liu Yu's analysis of the first reason was quite correct;

At this time, Hong Kong Island has a stable political situation and a sound legal system.

Seeing Wu Guangyao affirming himself, Liu Yu was full of confidence, and then said:

"The second reason is the influx of foreign capital; after the situation in Hong Kong stabilized, the funds that escaped in 1967 began to flow back; after all, Hong Kong Island is the most suitable place for us Chinese to live; A series of political instability incidents in the 1910s also indirectly accelerated the pace of capital repatriation to Hong Kong;

Hong Kong has always played an intermediary role in connecting Chinese communities at home and abroad; this role, in addition to highlighting commercial trade, can also be reflected in information exchange and property exchange.

Hong Kong Island has always been regarded as a "fund safe zone" by the Chinese in Europe, the United States, Australia, Canada, and Southeast Asia. They are particularly interested in the economy of Hong Kong Island. "

Wu Guangyao said with a smile: "This is the truth. Hong Kong Island relies on the mainland, and overseas Chinese are always thinking about their motherland. Hong Kong Island is everyone's dock and is always ready to support the motherland."

Liu Yu naturally knew that his boss was also a patriotic businessman, so he flattered him.

"Boss Gao Yi!\

,"Wu Guangyao waved his hand, signaling Liu Yu to continue!

Liu Yu went on to say: "The third reason is that the local hot money is abundant; the Chinese on Hong Kong Island have always adhered to the traditional virtues of 'accumulating grain to prevent hunger' and 'getting rich through diligence and thrift'. The savings of Hong Kong Island citizens have also reached an astronomical figure.

The depreciation of the Hong Kong dollar in 1967 made many citizens understand a truth: that is, the meager interest rates of banks cannot offset the losses caused by inflation and currency devaluation.

As a result, some savvy citizens began to look for some investment channels that could follow the pace of economic development, and the stock market was undoubtedly the first channel that everyone thought of;

Therefore, a large number of citizens began to contact the stock market and chose to invest. "

Wu Guangyao nodded, and echoed, "Even the people around me have started to speculate in stocks. It seems that this is the general trend of society!"

Liu Yu said: "I heard that the boss also helped several people around him to settle the investment loss?"

Wu Guangyao waved his hand and said, "It's settled? If I don't put pressure on them, I'm afraid they will have to resort to dangerous tactics; so I asked them to return the money slowly every month without affecting their lives."

Liu Yu nodded and said: "It should be, it's too easy to stand up, these people will choose to forget! You can't ask the boss to help every time, the boss is too busy!"

Wu Guangyao nodded, and then said, "Go ahead!"

Liu Yu said: "The fourth reason is the flooding of banks; the influx of foreign capital into Hong Kong Island will first choose to deposit in local banks, and the local savings will continue to increase, and the local banks will naturally flood (too much deposits). ). There is a proverb in the West called: 'Bankers are the smartest investors'. In an environment of abundant deposits, banks lower deposit interest on the one hand, and relax lending conditions on the other, so that customers' deposits become 'theirs'. money making tool';

Among them, the bank's regulations on "stock pledge" have become particularly active; banks have been very "relaxed" for credit and well-operated customers (brokerage firms), and they have almost achieved "Huang Daxian" (responsiveness), interest There are more favorable.

It is precisely because of this that the procedures are simple and the cost is low, so the speculation and buying activities have become particularly active. "

Wu Guangyao sighed: "Once the pyramid falls, it will be a disaster!"

Liu Yu remained silent, thinking in his heart that China Everbright Bank has been very active in lending this kind of loan recently, and it might be the boss's idea;

However, Liu Yu believes that before the collapse of the pyramid, the Everbright Financial Department may have already fled.

This is not only confidence in oneself, but also trust in the boss!

Next, Liu Yu analyzed the two reasons of 'optimistic economic development prospects' and 'low supply of stocks', and he also analyzed clearly and logically;

The prospect of economic development is optimistic. This is the trend of Hong Kong Island, which was fully reflected as early as the mid-1950s;

The lack of stock supply is due to the fact that there are few listed companies on Hong Kong Island, but the number of listed companies on Hong Kong Island will increase a lot in the future, and may double this year.

Liu Yu's performance made Wu Guangyao very relieved. With Liu Yu's ability and his own outlook on the general trend, he will definitely make great achievements in the securities field in the future.

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