Reborn in Hong Kong as a Tycoon

Chapter 57 The Wharf Storm ([-])
"How about it? Can you tell whether this force that bought Wharf stock just started buying today, or started buying earlier than us?"

After learning that another force was buying shares in Wharf, Li Jiacheng asked his trader to make a judgment. He needed to know when the other party started the acquisition, so as to judge how much bargaining chips the other party had before making a decision. What to do next.

"Through statistics, we found that in the last two months, once the Wharf stock exceeds HK$13, it will start to fall in the next day or two, and when it falls to around HK$12.5, it will be pulled again. Get up and begin to rise slowly."

"Therefore, if there were really big funds that started buying Wharf shares a long time ago, it should have started within these two months."

"However, these are just speculations. It is also possible that this is just a coincidence and a normal trend of the market. After all, the stock of Wharf has not been favored by the market before. After the stock price rises to a certain price, it is normal for investors to be safe."

"I don't believe in coincidences."

Li Jiacheng's face was sullen, a little angry and a little lost in his heart.If someone really started to buy shares in Wharf a month or two ago, then this person must already have a lot of shares in his hands, at least more than he did when he bought them only two days ago.

"Mr. Li, even if someone bought Wharf's stock earlier than us, the other party's purpose may not be to buy this company. They may just find that the company's market value is undervalued and want to make a fortune by raising the stock price. Not necessarily." The subordinate said.

"That's all right if that's the case."

Li Jiacheng nodded when he heard the words. Although the cost of secretly acquiring shares in Wharf would increase, it was nothing compared to the benefits he could obtain from winning Wharf.

"How can we judge whether the other party's purpose is to acquire Wharf or just to make money?"

Faced with Li Jiacheng's inquiry, his subordinates said: "Tomorrow, we will increase our acquisition efforts and directly drive up the stock price. If the other party's goal is to acquire Wharf's stock, then they definitely don't want the stock price to be raised, and they will suppress the stock price. On the contrary, the other party If it’s just for making money, not only will it not suppress the stock price, but it will join in the long-term and work with us to raise the stock price.”

"However, if we do this, the stock price will inevitably rise sharply, and some institutions and retail investors will definitely participate. It will be impossible for us to secretly buy shares of Wharf in the short term. Jardine Matheson will probably notice the changes in the stock market. Monitor stock prices."

"You can't let the stock price rise too high."

Li Jiacheng still wants to buy Wharf. Once the stock price of Wharf is raised too high, even if it falls back later, it will inevitably be much higher than the current price, which is not conducive to his acquisition of Wharf.

"Tomorrow we will try our best to buy shares of Wharf. When the share price of Wharf exceeds HK$17, we will stop buying and wait on the sidelines for the time being. And once the share price of Wharf exceeds HK$20, we will suppress the stock price with all our strength and sell all the shares in our hands. The stocks are all sold out, and retail investors always fall in whichever direction the wind blows, plus profit-taking, there will definitely be a large number of stocks sold at that time, and the stock price will definitely be suppressed."

"The closing price of Wharf today is 13.1 Hong Kong dollars. Once the stock price exceeds 20 Hong Kong dollars, it will be more than 50% of the profit. Once the stock price turns around, it will inevitably usher in a sharp drop. However, I think the bigger possibility is that the stock price will not rise. It’s that high, unless the party that secretly buys it wants to raise the stock price so high.”

"How to do it depends on the rise and fall of the stock price tomorrow."

Now the two are discussing in this way, but how to do it depends on how the stock price will go tomorrow.

Li Jiacheng can only pray in his heart that this third party who is also secretly buying shares in Wharf just wants to inflate the stock price to make money, otherwise his dream of buying Wharf will definitely be shattered, after all, the other party probably already has a lot of shares , and the few shares in his hand have to be sold to suppress the stock price.

But Li Jiacheng had to do this. It was impossible for him to keep buying stocks while the stock price continued to rise, and the cost would be too high. With the funds he can use now, it is not enough to buy Wharf. Trapped.

And if the stock price is suppressed first as he planned, even if a third party really wants to acquire Wharf, Li Jiacheng will not lose. After all, he bought his stock at a low price and sold it at a high price to suppress the stock price. He can still make a fortune, and he doesn't lose money at all.

……

The Far East Exchange, the Gold and Silver Exchange, the Kowloon Exchange, and the original Hong Kong Stock Exchange, now there are four exchanges in Hong Kong.

The time when the four associations merged was in 86, but now it is only 77 years, which is still very early.

Fortunately, although the Sihui has not yet merged, the data is still connected to China Unicom. Even if a certain stock is listed on the Far East Exchange, it can also be purchased on the Gold and Silver Exchange, the Kowloon Exchange, and the Hong Kong Stock Exchange.

It's just that buying stocks of companies listed on the exchange on other exchanges will require one more procedure and a little extra handling fee, which is both troublesome and a waste of money.

Therefore, if retail investors stay on which exchange, they usually only buy stocks of companies listed on this exchange.Unless you see a certain stock has an opportunity, you don't mind a little extra handling fee to buy that stock.

The Xiangjiang Stock Exchange was the only exchange in Xiangjiang before the other three exchanges appeared. Therefore, most of the listed companies in Xiangjiang are listed here. It is also the largest exchange in Xiangjiang, not one of them.

With the advent of a new day, both retail and institutional traders came to the exchange before the market opened to check the announcements and news issued by the relevant listed companies last night.

In the Xiangjiang stock market in 1977, the Hang Seng Index opened at around 447 points at the beginning of the year, but it began to fall after rising to 450 points. It did not start to rebound technically until mid-March. After that, the market was affected by the announcement of HSBC to lower interest rates. , the Hang Seng Index once again rose above 3 points, and hit a new high this year.

However, in the second half of the year, due to no good news in the market, the Hang Seng Index has been going back and forth between 410 points and 440 points, with extremely narrow fluctuations.

It is now November, and there is a saying that "the end of the year must rise", so the Hang Seng Index has risen recently, and the trading volume has also increased. Shareholders have also seen opportunities, and the time to go to the exchange is longer than before. , came diligently.

In this case, when Wharf's stock price changes, it is difficult to avoid attracting attention.

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(End of this chapter)