Chapter 2352: Money and Prosperity

October 8th is not a good day for many people, because it is the day to end their vacation and go back to work.

However, vacation is also tiring!

When they got up from the bed this morning, few of them were energetic.

When they struggled to the company and gradually became familiar with this place where they made a living, a piece of news made many of them excited all of a sudden.

The market, which had been closed for a week, opened higher this morning, giving the market a good start.

Stimulated by this news, a lot of related comments were found online, and all of them were as excited as if they had been injected with chicken blood. The opinions of experts from all walks of life were unprecedentedly consistent: this week, the Shanghai Composite Index will definitely break through the state that has been consolidating for a period of time before the holiday, break through 5,700 points, and rush to the 6,000 point mark in one fell swoop!

Suddenly, the frustration before going to work in the morning was swept away in an instant. Haha, isn’t this God’s reward for hard work?

For the first working day after the long holiday, many people have another strong reason to reward themselves with a meal at this time.

Such joy not only belongs to the investors who invest in A-shares, but also the Shenzhen Component Index, which is approaching the 20,000-point mark, and the Hang Seng Index, which is challenging the 30,000-point mark!

At this time, Li Ruiyuan and his team were already in a rare state of tension.

Feng Yiping's instructions were very clear, that is, to clear all PetroChina shares held before October 31.

The task was a bit heavy, but more of it was a heavy joy.

The PetroChina shares previously absorbed and held just exceeded 1 billion shares, which was just less than 5% of the total shares of PetroChina - this was naturally to be able to keep a low profile, without raising a placard when collecting, and without announcing when selling.

Most of these more than 1 billion shares were held at a cost during the SARS period in 2003, when the market was at its lowest, with an average price of no more than HK$1.67, and the average price of all more than 1 billion shares was no more than HK$2.

On the last trading day of September, September 28, PetroChina's share price was HK$14.74, with an intraday high of 14.98, close to HK$15.

That day, as they were preparing for the reduction of holdings after the holiday, they learned that Buffett once again reduced his holdings of PetroChina by more than 260 million shares on that day.

Fortunately, after the market opened on the 2nd (Hong Kong did not close for a week), PetroChina's performance was still very strong and soon broke through HK$15.

To date, Li Ruiyuan and his team have reduced their holdings by more than 250 million shares, cashed out more than 3.7 billion, and made a book profit of more than 3.2 billion!

However, there are few media reports about their reduction of holdings.

They have been trying to keep a low profile, which is one reason, but the more important reason is that major shareholders like Buffett have continued to reduce their holdings of blue-chip stocks in recent times.

Temasek has reduced its holdings in China Ocean Shipping seven times in total, the Li family has also reduced its holdings in China Southern Airlines, and Alcoa has also sold all its shares in China Aluminum...

In this wave of reduction, there are many cases of cashing out over 10 billion yuan, and their actions are really not news.

The reason why he has only cleared less than one-third of his position in just 10 days is that he believes that in the next 20 days of this month, the share price of PetroChina will continue to rise.

He conservatively estimates that on the last trading day in the middle of this month, which is the Double Ninth Festival, the share price will at least climb to more than HK$18.

At the end of the month, it is not impossible to break through the HK$20 mark.

In short, he believes that the profit after the sale should be at least 8 times the original investment!

He is not blindly optimistic. He is stimulated by the bullish A-shares, the rising oil prices, and the good news about the exploration of the oil and gas fields owned by PetroChina...

He is also stimulated by the "Hong Kong Stock Through Train" plan proposed since the Spring Festival this year, which is controversial in the academic community but generally optimistic... Many people are convinced that PetroChina, a blue chip stock, will have a higher room for growth in the future.

Some rating agencies are also optimistic. Including UBS, several well-known rating agencies have raised the rating of PetroChina's H shares from neutral to buy.

However, the most important thing is naturally the information that Buffett sold too early when he communicated with Feng Yiping last time, which shows that he is also optimistic about the future trend of PetroChina's stock price.

This morning, Li Ruiyuan happily called Feng Yiping.

…………

It was evening in San Francisco, and Feng Yiping was treating guests to dinner again.

At Mantingfang Yujing Pavilion, the founding shareholders of Tesla gathered together for a rare time, and the atmosphere was also rare and harmonious.

Even Musk and Eberhard, who have always had some inexplicable grudges, were all smiling at this moment.

Although the road tests in Asia have just begun, Tesla's road tests across the United States have been going on for nearly two weeks. Judging from the feedback from various teams, there are indeed problems, but without exception, they are all minor problems that do not require major changes.

Although this is not the final result, it at least shows that their work from design to component control is very effective.

This is naturally a very worthy reason for celebration.

"...I think this is necessary to attract our attention," Feng Yiping reminded everyone again when everyone was happy, "We all know that most of the cars on the market don't have big problems, right?"

"The key to satisfying users lies in reliability, and the key to reliability is the control of these small problems,"

"We can imagine that after buying a car, it is still in the new car period, and various small problems occur every few days. How annoying it is,"

Pentanen smiled bitterly, "I have encountered it, my Chrysler,"

"I also bought an annoying Ford," Eberhard also said, "small problems continue,"

"So I hope that at least we should be on par with Japanese cars in this regard, because the control of details is the main reason why Japanese cars have been so successful in the United States,"

Musk glanced at Feng Yiping, this is paving the way for later work.

"Everyone, our Tesla is positioned as a luxury car," Feng Yiping said, "Besides, we can fully predict that after the official launch, the relevant media and testing agencies will definitely not be too tolerant of us."

"This is very certain," Musk said, "There should be quite a few media that are paying close attention to our road test fleet, hoping to capture the scene where we have a big problem."

Everyone has no objection to this, because the media related to cars have been completely supported by traditional car manufacturers in the past few years, and they are inevitably biased.

"Too many people hope that we will fail, because we are the first company to challenge the traditional automotive industry, and because our Tesla has attracted widespread attention in recent years," Feng Yiping said.

"Therefore, we must not disappoint those who have been expecting us to launch a good car over the years,"

"The next work seems to be a lot of critical work." He raised his glass.

"This is a problem. I think we need to introduce relevant experts," said Eberhard.

In terms of interior decoration, he had previously recruited a team from Japanese cars, and the results were indeed good.

Musk frowned when he heard his opinion, but this time, he didn't say anything.

"Excuse me, I'll take a call," Feng Yiping walked to the small lounge next door with his mobile phone, "Mr. Li,"

"Yiping, the progress is very smooth. I want to know what you think of the funds we have cashed out at present..."

"Don't think about it. According to my previous opinion, all of them will be invested in oil futures," Feng Yiping said immediately.

"Okay, I'll arrange it right away," Li Ruiyuan hung up the phone and couldn't help clenching his fist and shouting "Yeah".

He looked at the sea view outside the window, his heart full of pride and longing.

According to the current market conditions, when the warehouse is cleared, the final profit of investing in PetroChina will not be less than 13 billion Hong Kong dollars.

Then, next year, when the oil futures held are settled, how much profit will be?

Adding the fund operating in the United States... He is sure that by then, he will definitely become the most successful professional manager in the financial and investment circles.

He walked out of the office with a smile on his face and clapped his hands, "Okay everyone, we have to get busy again..."

PS: Chapter 192, revised several times, will apply for unblocking after the time is up in the evening, hope there is no problem.