Started from Hong Kong Island

Chapter 184 [Stock Market Crash Premonition]

A 43% shareholding ratio is already relatively safe, and Li Wendi is not afraid of any enemies coming to challenge his control over Changxin Real Estate Company. Changxin Real Estate Company holds approximately 45% of the shares of China Entertainment Real Estate Company, and will not allow outsiders to challenge its control.

However, China Entertainment Properties will also issue new shares in the future (I don’t know if it will be in time), which may also reduce the proportion of shares held by Changxin Properties.

"Yes!" Wu Xiong knew that Li Wendi was bold but cautious and would not do things rashly, as could be seen from his control over shares.

In fact, Li Wendi has always used sniper tactics and has taken down many companies, so he is also afraid of being taken down by others.

This was the case with Liu Luanxiong in his previous life. In 90, when Liu Luanxiong had not yet succeeded in privatizing Chinese Estates Holdings, Taiwanese tycoon Huang Zhouxuan suddenly proposed to acquire the Liu family's Americo and Chinese Estates Holdings. Although the acquisition failed, Liu Luanxiong won a miserable victory and lost a lot of money.

However, Huang Zhouxuan gained a lot of good reputation in Hong Kong and made a lot of money in the stock market.

According to what Li Wendi thought, Huang Zhouxuan had been planning this from the beginning, wanting to stand out and take the opportunity to infiltrate the Hong Kong business community.

Monday, September 2
China Entertainment Real Estate Company issued 1000 million new shares with a public selling price of 3.5 yuan, raising 3500 million yuan. Changxin Real Estate Company purchased 300 million new shares. At this time, Changxin Real Estate Company held 42.5% of the shares of China Entertainment Real Estate Company and was still the largest shareholder of China Entertainment Real Estate Company, firmly controlling the company's board of directors.

The balance of the property sales of China Entertainment Real Estate Company has also been received, and there is more than 5000 million in cash on the account, which makes everyone stunned.

However, Changxin Real Estate Company did not have much funds in its account, with only nearly 1000 million in cash left. It was only thanks to the funds raised from the issuance of new shares that the company would have gradually dried up even the working capital in its account.

Of course, with a wealthy man like Li Wendi around, Changxin Real Estate Company will not really run out of funds.

The closer it gets to the stock market collapse, the crazier investors become. The market capitalization of some companies is already nearly three times higher than their actual asset value. Even if the stock price falls back to the actual asset value, many people will lose their money.

When Zhang Yan saw these data, he broke out in a cold sweat. Such a false market value will fall sooner or later. In the best case scenario, there will be some residue left, but in the worst case scenario, more people will jump off the rooftops of commercial buildings in Central.

And one of them might be Zhang Yan.

"It should still be in time to sell it now, right?!" Zhang Yan said to himself, looking at Li Wendi with a guilty look.

Li Wendi said with a dark face, "If you don't want to jump off the building, sell your shares quickly, otherwise no one can save you."

If the situation cannot be saved, Li Wendi will of course lend a hand to Zhang Yan. After all, they have been together for more than a year, and Li Wendi does not want to dream about Zhang Yan asking for her life when she sleeps.

On the same day, the Hang Seng Index climbed to 1700 points, with trading volume reaching million to million yuan, making investors even more crazy.

The stock market became a gold mountain where everyone could go in and dig for gold. For a time, fighting over stocks in the exchange was rampant and some people even forced buying and selling in an attempt to seize some stocks.

Friday, October 3

A piece of news exploded in the stock market like a bolt from the blue: fake stocks were found in the stock market.

The first fake stocks discovered were the actively traded shares of Hopewell Holdings.

而此时面值2元的合和实业公司股票已经被炒到30元的超高价，升值28元，翻了15倍，距离上市72年8月仅仅过去了半年。

In fact, in Hong Kong, the US dollar, British pound and Hong Kong currency with exquisite patterns and printed with anti-counterfeiting technology can be counterfeited by some people. If you want to counterfeit "lifelike" stocks, it will be a piece of cake.

Therefore, the emergence of fake stocks is normal and reasonable, but it is illegal.

The beneficiaries were the fake stock production and sales gangs, while the victims were star companies like Hopewell Industries.

As soon as the news came out, some investors who were preparing to invest heavily in the market were discouraged, while some veteran stock traders sensed that a disaster was coming and hurriedly sold off a large number of stocks, causing the stock price to naturally plummet.

Retail investors holding Hopewell Holdings shares flocked to the exchange, asking traders and brokers to help them sell the shares as soon as possible in order to get some of their capital back, but it was too late.

There are already a large number of Hopewell Holdings shares on the stock market, and there are no buyers to take them. The share price has dropped from 30 yuan to 21 yuan, and no one cares. Investors are left with nothing to cry.

The company that suffered the most losses was Poly Construction Co., Ltd., which was jointly invested by Hopewell Holdings and owned by Paul Lee, a construction genius. In the late 60s, Poly Construction Co., Ltd., founded by Paul Lee, was awarded the "C-level" contractor qualification by the Hong Kong Public Works Department, which means that Poly Construction Co., Ltd. can undertake projects of unlimited value.

It went public again last year, becoming the fourth listed Hong Kong construction company after Baohua, Kinmen and Hsin Chang. All the 900 million yuan raised from the listing was used by Li Baoluo to speculate in stocks, of which 700 million yuan was used to buy shares of Hopewell Holdings.

Now that Hopewell Industries has run into trouble, Poly Construction has naturally lost all its money and suffered heavy losses.

When Li Baoluo heard the news, he collapsed in a leather chair in a daze, because Poly Construction Company had more than just these problems.

According to Li Wendi's memory of his previous life, Li Baoluo had bribed people related to the Z government, and Poly Construction Company had insufficient assets at the time of listing, so it falsified accounts in order to be able to go public.

Now Poly Construction Company has run into a point where its capital chain has been cut off, and all problems have begun to be exposed. If Li Baoluo cannot replenish the funds in time, Poly Construction Company will go bankrupt and Li Baoluo will go to jail.

Li Wendi thought of the news, of course, not to be a savior and save Li Baoluo and Poly Construction Company. He was attracted by the construction talents of Poly Construction Company. Although it was a bit too early to poach people at this time, Li Wendi believed that he had to be prepared in advance, otherwise how could he get the initiative.

"Ayan, a group of qualified and capable construction talents will soon come to our construction company. You must be prepared to welcome them." Li Wendi said jokingly.

Zhang Yan's eyes widened. He had no intention of thinking about what Li Wendi said. Instead, he was still thinking about the "fake stocks in the stock market". "Wendi, what did you say just now?"

"." Li Wendi was speechless for a while and could only repeat what he had just said.

Zhang Yan pondered for a while and said, "You mean the stock market is driving the local market down, and some construction companies are going bankrupt. We can take this opportunity to attract talents from the construction industry?"

Li Wendi nodded. "That's about right. Anyway, you have to be prepared."

He couldn't say that Poly Construction Company went bankrupt, he could only say it in general terms. If Zhang Yan asked him about it, it would be difficult for Li Wendi to give a clear answer. He couldn't say that I came from a different time.

"Okay, but the city is about to fall into a recession. Should we be cautious? Recruit some people with strong professional qualities, but in smaller numbers." Zhang Yan was a little worried that too many talents would temporarily affect the company's operations. After all, no one knew how long the recession would last.

Li Wendi was worried that Zhang Yan's stinginess would affect the development plan. What were the wages and benefits? If he didn't spend money now, who would be willing to come to this small temple when the city started to grow?

"Go find out about the construction talents of those companies, give me the information and I will screen them." Li Wendi finally decided to do it himself, as he was a little afraid that Zhang Yan would mess things up.

Although there will be many opportunities to recruit construction and real estate talents in the future, these people are needed now to support the construction company.

Zhang Yan naturally sensed a hint of dissatisfaction from Li Wendi, but he didn't care because Li Wendi had always been like this.

On the fourth day, Monday, March 3, after two days of rest, investors became more and more panicked and flocked to major exchanges early in the morning, waiting for an opportunity to sell Hopewell Holdings shares.

At the same time, the Hong Kong government announced a series of measures, including imposing heavier taxes on stock trading, implementing rent controls, tightening credit and other important policies.

Unfortunately, as soon as these policies came out, investors became more and more panicked, and the panic even spread to the stocks of other companies. Many big investors began to sell stocks of small companies. Suddenly, stock prices fell sharply, and the wind became more and more tense.

"What should I do? The stock price has started to fall."

"Hold on! This is probably just the impact of Hopewell Industries' fake stock incident. It should go back up after a while."

"I'd better sell it first and buy it back when the price goes back up. Now the finance company has started to urge me to repay my debts."

"I heard that it's not just Hopewell Industries that has found fake stocks. Could the stocks we have be fake too?"

All of a sudden, stock investors in major exchanges were in a panic, and only a small number of stock investors were optimistic about the current situation. After all, the money they invested in the stock market was either years of savings or loans from financial companies, and they could not withstand the ups and downs of the stock market.

But what they don’t know is that the current situation is caused by their own madness in the past. It is no longer possible to escape, and some people are destined to jump off the building.

Shareholders holding Hopewell Industries shares are praying that Hopewell Industries can turn the tide and strive to raise the share price, but unfortunately this is just wishful thinking.

(End of this chapter)