Rebirth: The Era of Hong Kong Tycoon

Chapter 145 [Securities Company]

On Monday, Zhang Jianhua from HSBC Securities came to Lin Rongheng's office.

Song Ke, Lin Rongheng's assistant at Evergrande Real Estate, made him a cup of tea, and then left the office.

Zhang Jianhua came to look for him, it must be because of his stock;
I have a stock investment of 8000 million Hong Kong dollars in HSBC. The key is that Lin Rongheng seems to have forgotten about it, and has not asked about the situation for almost half a month.

Lin Rongheng asked with a smile, "How is the stock market doing now?"

Zhang Jianhua was taken aback for a moment, this guy is really calm, he is not afraid that his stock account will blow up, and then HSBC Securities will force liquidation;
In this way, Lin Rongheng's 4000 million Hong Kong dollars will not be left.

"Your account has lost 500 million Hong Kong dollars. Don't you care about the stock market?" Zhang Jianhua said bitterly. He was very worried about this friend, but this friend didn't care at all, and he was speechless.

Lin Rongheng took a sip of tea, and then slowly said: "My stock investment theory is - value investment. The recent Hang Seng Index may fluctuate or pull back, but it does not affect my point of view at all. Therefore, I don't need to care about it. How much money can those stocks make every day, and how much money they lose every day! If one day I earn 500 million Hong Kong dollars, I will be so happy that I can't sleep at night; Come on, I can't make it through!"

In fact, it was Lin Rongheng who knew the trend of history, so he was so calm; moreover, the general trend of history cannot be changed, but the minor trend may change.

And what I am speculating on is long-term, so why be afraid?
Zhang Jianhua said helplessly: "I'm worried! Recently, a securities company in Hong Kong became insolvent due to excessive speculation in the first half of the year. You came here just to see your thoughts on investing in yourself. Now that you are full of confidence, I don’t think I’m your opponent in stock trading, so just stay put!”

The agreement signed between Lin Rongheng and HSBC Securities stipulates that if Lin Rongheng's account loses 3600 million Hong Kong dollars, the position will be forced to close; after another delivery, Lin Rongheng will lose a penny.

Zhang Jianhua came here just to inquire about Lin Rongheng's opinion, who knows that Lin Rongheng didn't care about this matter at all recently.

However, Zhang Jianhua's words caught Lin Rongheng's attention.

"What's the situation with that securities company?" Lin Rongheng asked curiously.

Zhang Jianhua heard that although he didn't know what Lin Rongheng meant, he still said slowly: "This securities company is called Yip's Securities. It was founded by Ye Tianhe, and it was established only half a year ago; but Ye Timhe is an old-fashioned broker. He also went to the UK for further studies, which can be said to be a talent; it is said that he bought a few stocks at the bottom in 1968 and made a profit of several million Hong Kong dollars; it may be because of this that he took aggressive measures after establishing a securities company .In the first half of the year, as you know, many people have lost a lot of their profits.”

Lin Rongheng nodded. This situation is not uncommon. Ye Tianhe only made a few million, but he used leverage to invest tens of millions of Hong Kong dollars. If the stock market pulls back a little, his losses will be magnified several times, and he will be able to save money. Life, not to mention the half-year callback period.

"Zhang Sheng, you recently helped me pay attention to this securities company. I also plan to set up a securities company for fun! If this securities company has a complete set of business licenses and economic licenses, and there is a suitable price, I am still willing to buy it. Just for fun."

Securities companies have many businesses: securities underwriting and sponsorship business, securities brokerage business, securities proprietary business, securities investment consulting business and securities trading, financial advisory business related to securities investment activities, securities asset management business, margin financing and securities lending business.
Of course, although there are many businesses, only two licenses are the most valuable, one is the business license, and the other is the brokerage license of various exchanges.Among them, the brokerage license has been the fastest growing in recent years. Take the brokerage license of the Far East Stock Exchange as an example. At the beginning of its establishment (October 1969), a brokerage license only cost 10 Hong Kong dollars. By November 8, it had risen to 1972 Hong Kong dollars per seat.

In order to earn money, the number of brokerage seats in these stock exchanges also increased rapidly. There were dozens at the beginning, and it had increased to more than 1973 by 200.

Seeing that Lin Rongheng intends to set up a securities company, Zhang Jianhua didn't feel much. Although HSBC Securities may lose a high-quality customer, Lin Rongheng himself is a person who is good at stock trading, so there is no reason to keep giving money to others.

Of course, if Lin Rongheng wants to invest in leverage, he will naturally need to cooperate with HSBC Securities.

"Okay, I'll go to inquire about the specific situation, and I'll tell you when the time comes!"

Zhang Jianhua readily agreed that since working with Lin Rongheng, it has been the highlight of his life. His business is the boss of the whole company, and the bonus is the highest in HSBC Securities, so he is naturally willing to do a little favor.

After Zhang Jianhua left, Lin Rongheng fell into thinking.

I did plan four group companies for myself, namely comprehensive (real estate), media, retail, and finance.

Among them, the comprehensive business naturally refers to Evergrande Holding Group. This company is a group company with Evergrande Real Estate as its flagship. Subsequent acquisitions are basically carried out in the name of Evergrande Holding Group. Foreign-funded companies such as Yingli (cement and land), Wharf (real estate), Hutchison (comprehensive), HK Electric (energy), and China Gas (energy), etc., are all acquired in the name of Evergrande Holdings Group; of course Now, all the shares of Evergrande Holding Group are naturally in the hands of Lin Rongheng.

In his previous life, Li Chaoren acquired Hutchison, Hong Kong Electric, and Qingzhou Yingni. All of them had Cheung Kong as the parent company; but Lin Rongheng did not need such troubles. The 70s was the best time to make money. Investing in gold and stocks, either It can bring Lin Rongheng a strong financial backing.

Media, retail, finance, etc., although Xiangjiang is too small, if it goes out, it can do a lot; as for the nationality barrier, it is not easy to solve, just have more sons.

The acquisition of a securities company this time was actually a temporary idea, and I happened to meet a bad luck securities company; according to Lin Rongheng's plan, the original plan was to establish a securities company after the stock market crash. a channel.

If this Yip's Securities Company is suitable for buying, Lin Rongheng thought that he could make a small fuss first, and then make more efforts later.

Financial groups are roughly divided into banks, securities, and insurance. The problems of banks are easy to solve. Xiangjiang has several banking crises, and there are too many opportunities for itself; the problems of insurance companies are also easy to solve. There are many insurance companies in Xiangjiang. Buying a mid-sized insurance company would do.

In this way, his own financial group has already taken shape.

Yip Securities.

Ye Tianhe stared blankly at the busy traffic on the road through the window in his office.

Once upon a time, I was high-spirited and wanted to be a financial tycoon in Xiangjiang!
After Ye Tianhe returned to Hong Kong from the UK for further studies (July 1968), the Hong Kong stock market was at a low ebb, and the Hang Seng Index was only 7 points.

At that time, I took a fancy to Xiangjiang's prospects and would never continue to be chaotic forever, so I made a desperate move and used all my family property to buy the bottom of the stock market.

Sure enough, in the past six months, the Hang Seng Index rose to 1968 points at the end of 107; then, in 1969, the Hang Seng Index appreciated by 155 points, and in 1970, the Hang Seng Index appreciated by 215 points.

The increase has been about 50% for three consecutive years, which has increased his worth from hundreds of thousands of Hong Kong dollars to more than 300 million Hong Kong dollars.At this time, I was inflated. First, I established a securities company, which not only absorbed the investment funds of members, but also magnified my own funds by five times using leverage.

When I was planning to do a big job, the Hong Kong stock market ushered in a correction. The Hang Seng Index fell from the highest point of 218 points to 201 points. During the period, there were repeated shocks, and I made a mistake in my operation, which resulted in the current situation. The situation, the company is insolvent and is already facing the danger of going out of business.

The money owed is not much, only 10,000+ Hong Kong dollars, but the important thing is the loss of reputation, which caused all the clients of Yip Securities to lose.

"Xiangjiang's stock market will definitely go up, and it will go up! If I didn't rush forward, I would be worth tens of millions in just one or two years! Ye Tianhe! Ye Tianhe! You think you are a financial wizard, but you don't Knowing how to control risks, taking measures for a wave of market in vain, and wasting a few years!"

Ye Tianhe is not worried about the 10,000+ he owes, nor is he worried about becoming poor because of this. After all, with his diploma and experience, it is very easy to find a stockbroker with a high salary.

Instead, I am annoyed that I have no capital to invest in the upcoming market, which is equivalent to wasting five years of time.

(End of this chapter)