Chapter 414 Hong Kong Stocks
If you want to be undefeated in the stock market, there is actually only one trick: to suppress others.
Although it is necessary to observe the situation and grasp the trend with a keen eye, as long as you have sufficient funds, you are already invincible. As for the technology, charts, and various indicators, they are just illusions to fool ordinary stockholders.
As long as you have tens of billions of funds in your hands, you don’t have to worry about any major problems. What you have to be wary of is whether the management can tolerate your reckless behavior in the stock market, especially Hong Kong pays special attention to this. If you are given a market access system or something to restrict your entry into the stock market, there is nothing you can do.
But then again, once your funds reach the scale of tens of billions, the Hong Kong government will have no way to deal with you.
Qin Rushan’s heart was pounding when he heard Fan Wubing’s words, and his blood flow increased a little. His heart beat like a pile driver, and he felt a little overloaded.
Fan Wubing looked at Qin Rushan and thought that this kind of quality was not good. Tens of billions of US dollars almost knocked him down. When he wanted to make great achievements in the Hong Kong stock market in the future, it would not be reassuring to rely on him. It seemed that his original team had to go bare-handed, at most under his banner and borrow his team.
So Fan Wubing said calmly, "The market capacity of Hong Kong stocks is too small, and too much money can't be used. As the saying goes, a small temple can't support a big Buddha. Ten billion US dollars is enough."
"More than almost, it's enough." Qin Rushan replied with some astonishment.
Although Qin Rushan knew that Fan's Investment Group had a large market and abundant funds, and knew that Fan's Investment Group's several investments in the Great Six were about 10 billion yuan, and they spent more than 4 billion US dollars on buying airplanes, but when he heard Fan Wubing casually say that he could take out tens of billions of US dollars to play in Hong Kong stocks at any time, he still couldn't hold back his excitement.
I heard that Mr. Fan had come back from the United States. He was really generous and full of momentum!
In fact, Fan Wubing didn't want to fish in the troubled waters of Hong Kong stocks at first. Because most people don't know the ins and outs of it. But the government must be very clear about who is making trouble in it. If he gets into the water, someone will definitely say that he doesn't help the government stabilize the Hong Kong stock market. He will also go against the government.
Although gossip can't kill people, if there are too many people gossiping, it will have a bad impact on my father.
But Fan Wubing's thoughts changed a little at this time. If he really participated in it, it would just be a game according to the market rules.
Since this plate has been opened, don't be afraid of others coming in to make money. Where is there a casino that only makes money and never loses money? To put it bluntly, isn't the stock market just a big casino? Who has seen people who engage in value investment make money? Aren't those who live a more comfortable life a bunch of market speculators?
If you want to invest, you can go into industry and business. You can do it in one place. But when it comes to the stock market, you will die if you don't speculate. Buying low and selling high is a speculative behavior. And using **manipulation techniques to play the market game is even more of a highly technical speculative behavior.
Therefore, Fan Wubing felt that even if he went in at this time, it would not be a big deal. On the contrary, there are many benefits. At least when overseas speculators come in, he will have enough chips in his hands to let them take the lead.
As for Qin Rushan and his Minghui Industry, Fan Wubing's men have some understanding of him. The brief communication between Fan Wubing and the bodyguard was actually just a trick to bluff people. At least from Qin Rushan's point of view, he felt that the intelligence of Fan Wubing's men was so accurate. He would be a little subconsciously afraid in his heart.
In a high position, in addition to winning people over with virtue, one must also be able to show off one's arrogance. Although one cannot make all the heroes in the world bow down to him with just a shake of the tiger's body, one must at least make them tremble three times so that they will not have the heart to resist from then on.
First, Qin Rushan got to know Fan Wubing, then was shocked by Fan Wubing's source of information, and then was shocked by Fan Wubing's financial resources. Qin Rushan was a little emotional and thought about how he should use Fan Wubing's power this time to do a big business in Hong Kong.
As a senior investor in the Hong Kong stock market, Qin Rushan knew the situation of Hong Kong stocks very well.
In 1969, in order to cooperate with the development of the stock market, Hang Seng Bank launched the Hong Kong stock market index Hang Seng Index. The Hang Seng Index was based on July 1, 1964, with an index of 100 points on that day, and 158 points when it was publicly launched on November 24, 1969.
After the launch of the Hang Seng Index, the Hong Kong stock market ushered in its first development. In 1970 and 1971, 41 companies were listed. After US President Nixon visited China in 1972, the
system improved, stimulating the entry of the Hong Kong stock market. The total stock market turnover that year was doubled. Subsequently, due to the ceasefire of the Vietnam War, the Hong Kong government announced the construction of the underground railway, and various companies raised interest rates and issued bonuses. The stock market became more enthusiastic and the Hang Seng Index reached a historical high of 1,774 points.
In 1974, affected by the Middle East oil crisis, the economies of the United States, Federal Germany and Japan entered a serious recession. The world stock market plummeted, and the Hong Kong stock market also fell further, falling to a historical low of 150 points.
After the global stock market crash in 1987, the Hang Seng Index stood above the peak of the previous bull market for the second time, setting a new historical high. By the end of 1993, it stood above the 10,000-point mark for the second time.
In January last year, the Hang Seng Index fell to 6,890 points, the lowest point of this round of bear market. In mid-October last year, the Hang Seng Index once again stood above 10,000 points, and then entered a continuous climb.
At present, the Hang Seng Index has reached the 11,000-point mark, and it is estimated that it will break through the high point of the previous bull market within the year.
The historical trend of the Hang Seng Index shows that the alternation of bull and bear markets in the Hong Kong stock market depends on the prosperity or depression of the Hong Kong economy on the one hand, and is also affected by the changes in the European and American economies. The turning points are mostly caused by sudden political or economic events. The stock market showed great ups and downs in the early stage, but then the amplitude gradually decreased with the improvement of the system.
However, at this time, Qin Rushan believed that there were many loopholes in the Hong Kong stock market, and because Hong Kong was positioned as an international trade free port, it was very convenient for hot money to enter and exit. There were often foreign investors who came to speculate in the Hong Kong stock market and then left, so the speculation was very high.
Fan Wubing thought that if it was just a big deal in Hong Kong before the return of 1997, it would not touch the nerves of the central government too much. In fact, the central government did not want the Hong Kong stock market to hit a historical high before the return of 1997, otherwise it would be the new SAR government that would take over and clean up the mess.
From this perspective, if the Hong Kong stock Hang Seng Index could be suppressed within a few months before the return, it would be a good thing for the central government. Of course, it must start to rise on the eve of the return, otherwise it would not look good.
The government cannot do this kind of thing, and it is difficult to achieve it by relying on local Hong Kong consortiums. After all, although they have a lot of assets, none of them has exceeded 10 billion US dollars, not to mention that most of them are real estate and stocks, and the cash flow cannot reach this level. They also lack the spirit of sacrifice. It is okay to ask for some benefits and spend some money from the central government, but if you want to expect them to work for the central government, it is probably a fantasy.
Moreover, the infighting between various forces in Hong Kong is also very serious. Even among the major families, there are many grievances in the rivers and lakes. It is difficult to sort out the relationship for a while, and it is difficult to form a joint force, let alone work together to manipulate the stock market.
The two sat there and talked for a while, and both felt that the prospects for this cooperation were brighter and they were in high spirits.
After the leaders at the cocktail party finished speaking, they entered the charity auction.
This link was the most boring for Fan Wubing, but it was the most exciting for the media reporters. Many people raised their cameras and cameras and aimed at the auction items that were about to appear.
Coincidentally, many people didn't care much about this part. Vice Premier Zeng and the Central Committee members had already left the party, leaving only some leaders from Shanghai to host the party.
Fan Heng's secretary Song Qing also quietly came over and asked Fan Wubing to talk to him in another place.
Fan Wubing explained to Li Yunheng, and then said a few words to Qin Rushan, and then left quietly with Song Qing.
After walking out, Fan Wubing asked Song Qing, "What exactly is the matter this time?"
"Nothing, just helping you save money." Song Qing answered very neatly.
Fan Wubing laughed at once, thinking that this was a good idea. After all, Song Qing was Fan Heng's secretary. Asking him to leave seemed like there was something important to discuss, and no one could find any fault with it. If there was anything that really needed to be avoided in the future, it would be the most effective way to let Song Qing call him or come to call him in person.
But before he could laugh, Song Qing said to Fan Wubing, "Governor Fan has been a little overworked recently. As a son, shouldn't you care more about him?"
"Oh?" Fan Wubing was stunned for a moment, thinking that this matter was very important.
He had been away from home for a long time, his mother Zhang Mei was far away in Beijing, Fan Ting and Fan Kang had their own things to do, and his father was alone in Jiangnan Province, which was indeed a bit lonely.
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