Chapter 10 Opening a Hong Kong Stock Account

Ridwan is a typical Anglo-Saxon, and he is also the general manager of the Central Branch of Huifeng Bank. He has just arrived in the office of the general manager of the company not long ago.

There was a knock on the door.

"what's up?"

"General Manager, a very important customer just came. He has a check of 1550 million from our bank and hopes to deposit the money in Huifeng Bank."

1550 Hong Kong dollars?
This is indeed a very important customer of the bank.

For banks, deposits are the most important, especially for those big customers with millions or tens of millions of deposits.

Li Dewan got up in a hurry and followed to the VIP room.

I saw a middle-aged woman in the VIP room, and a young man in a wheelchair next to her.

"Hello, I'm Li Dewan, the general manager here. Do you want to deposit money in our bank?" Li Dewan and Yang Ming asked in Cantonese, which is not very fluent.

"Hello, my name is Yang Ming, and this is my mother Li Yufang. I do have a sum of money that I want to deposit in Huifeng Bank. However, I want to reopen the account."

Yang Ming took out the check, and when Ridwan saw it, he knew it was a genuine check.

This check was from the Xiangjiang Jockey Club, and I guessed that this young man had just won the grand prize at the Xiangjiang Jockey Club.

HSBC has always been one of the major banks that the Jockey Club cooperates with.

"Mr. Yang, there is no problem."

When Yang Ming took out his ID card, Ridwan called someone over and went to open a new account for Yang Ming himself.

Yang Ming knew that this was only the first step in his plan.

"Mr. Ridwan, I am going to open an account for stock trading in a securities company under Huifeng. Can you open an account here?"

"Yes, we have staff from Huifeng Securities Branch here."

Ridwan called for someone to bring the staff from Huifeng Securities Company over.

Yang Ming saw a tall, blond young Caucasian woman in her 20s.

"Mr. Yang, hello, my name is Kaila, and I'm the account manager of a securities company here. May I ask if you want to open an account?"

"good."

Just now, Ridwan had told Kaila that this young man had just deposited 1550 million Hong Kong dollars in their bank.

This is a very important customer.

As for whether Yang Ming used the money for stock trading or for other purposes, that was the client's business.

Huifeng Securities Company was originally one of the largest securities companies in Xiangjiang, so it was normal for Yang Ming to open an account in Huifeng Securities Company to speculate in stocks.

Now Huifeng Bank opened a new account for him. Yang Ming's 1550 million Hong Kong dollars was directly deposited into the new bank account after the check was exchanged. This also means that Yang Ming is already a millionaire in Xiangjiang. .

Then, Ms. Kaila personally opened the stock market trading account of the securities company for Yang Ming.

This account can be traded in the four major exchanges in Hong Kong,

Xiangjiang Stock Exchange, Far East Stock Exchange, Gold and Silver Stock Exchange, Kowloon Stock Exchange, and Yang Ming can all enter Xiangjiang's stock market through the account of Huifeng Bank.

Due to historical reasons, there is now not only one exchange in Xiangjiang, but four, and there are hundreds of listed companies in Xiangjiang.

It's just that at this time, Hong Kong's stock market trading is not as hot as it was in the 80s or even the 90s.

Li Yufang was stunned.

At the beginning, Li Yufang thought that her son got the check and came to Huifeng Bank to deposit the money in the account. How could he expect that Yang Ming would actually want to speculate in stocks now.

When it comes to stock trading, Li Yufang knew about it in the 60s.However, she and her husband Yang Jirong have never met each other. The main reason is that they feel that making money in stocks is too unreal, and it feels like winning a lottery.

If you are lucky, you can win money, but if you are not lucky, you may even lose your principal.

"Peter, do you really want to speculate in stocks?" Li Yufang asked from the side.

"Mum, yes, I'm going to enter the Xiangjiang stock market in a while."

The trading hours of Xiangjiang stock market are opened at 9:30 am.

At this time, it was nearly ten o'clock, and it had been half an hour since we left the city.

However, Yang Ming was not in a hurry.

"Peter, this stock trading is too risky." Li Yufang said.

"Mummy, don't worry, just watch."

Li Yufang still couldn't believe it.

At this time, Yang Jirong outside had already parked his car. He was going to come in and wait for the two of them to do something good. He would send Yang Ming and Li Yufang home, and then he went to work in the electric fan factory.

Unexpectedly, just after coming in, he soon learned that Yang Ming was going to enter the stock market.

Yang Jirong naturally knows that stock trading is very risky, he wins less and loses more.

Moreover, in this era, dealers like to manipulate the stock market to make money from leeks.

Yang Jirong is really not familiar with the stock market, because he has been engaged in business and is really not familiar with finance.

"Daddy, don't worry, I have the means to win."

Yang Ming said next to him.

Yang Jirong was even more curious.

I originally wanted to go to Honghui Electric Fan Factory immediately, but now that I see my son, I will take a look here.

Last night, Yang Ming had already told him that he would use the money to start a business.

How to start a business?

Yang Ming didn't say what he was going to do last night.

Unexpectedly, now my son actually wants to trade in stocks.

Yang Jirong felt that his son had drunk foreign ink after all, and read more books than him, and maybe it might be different.

Kaila personally opened a new stock exchange account for Yang Ming.

During the period, apart from some contracts about the risk book being brought over to Yang Ming for signature, and Yang Ming confirming that there was no problem, there was nothing else.

10:15 am.

Yang Ming's stock exchange account in Xiangjiang has been opened.

Yang Ming can directly transfer the money deposited in Huifeng Bank to the trading account of the stock exchange, because now Xiangjiang stock market trading is the same as Europe and the United States, and belongs to T+O trading, that is to say, buying at any time and selling at any time, There is no restriction on transactions at all, but frequent transactions will affect the related costs of customers.

At present, the transaction commission of Huifeng Stock Exchange is about [-]/[-]. If the transaction volume is large, you can also negotiate with the company to negotiate a lower commission.

When Kaila gave the account of Huifeng Securities Company to Yang Ming, she said: "Mr. Yang, there is no problem with your account. You can trade at any time during the working day of the transaction. Of course, you can trade with us, or you can trade with us." Come and let us do the deal over the phone."

In this day and age, there are already computers, but computers are not commonly used, and they are not very convenient. As for mobile phones, of course, they have not yet appeared.

The most convenient thing now is naturally the landline phone, through which you can communicate with relevant personnel.

In addition, that is to go to the business hall of the securities company to trade stocks.

Like what stocks you want to buy, how many stocks you want to buy, or when you want to sell stocks, or how many stocks you want to sell, the staff of the securities company will help you with the transaction.

(End of this chapter)

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