Started from Hong Kong Island

Chapter 225 [Rapid Recovery] (225k large chapter, please subscribe)
In fact, the Qinian Newspaper has the support of Li Wendi and does not need the support of bigwigs like Hu Xian and Jin Daxia. However, He Qijun needs connections, and business has always been brought by good interpersonal relationships.

He Qijun was born into a wealthy family and was well aware of the interests involved, but her good family education prevented her from being a "Fei Yangyang", nor did she need to be a "Fei Yangyang".

Hu Xian just admired He Qijun, and gender played a very important role in this. However, if she wanted Hu Xian to help and take care of He Qijun, it was obvious that this relationship was far from being what it was. This was just their first meeting.

The essence of the banquet was to provide a venue for union members to build relationships. As for those who showed off the achievements of the newspaper industry, no one present cared. This was the glory of the union and those people. What did it have to do with them?

They are all adults and veterans of the business world. They know why they are here and how could they be affected by such unrealistic remarks.

Li Wendi and He Qijun did gain something from coming to this banquet, such as having first contact with those big guys. If they need anything in the future, they can get close to them.

Time flies, and in the blink of an eye it is Thursday, December 12th.

Li Wendi, who was handling official business in the office, suddenly received a call from Wu Xiong, saying that the Hang Seng Index began to rebound at 400 points and had risen to 405 points. The increase was only 1.25%, but it was very surprising.

After the surprise, Li Wendi fell into deep thought. He suspected that some big investors were deliberately pushing up the price to facilitate shipment. If he entered the market without permission, he would most likely be treated as a leek and be cut off.

Fortunately, he has a lot of stocks worth millions. If the price rises, he should be able to choose a suitable opportunity to sell them.

This incident gave Li Wendi a strong feeling that someone did it on purpose, so the recovery would not take too long.

Because the memories of his previous life clearly told him that the stock market in 74 would definitely be a bear market, and it was impossible to go against the laws of the market, no one could do it.

So Li Wendi put on his suit jacket, left the office, and went to the trading hall of HSBC with his bodyguards.

I haven't seen Wu Xiong for several months. He looks a little thin, which is obviously the result of the difficult work.

"Mr. Wu, how are you these days?" Li Wendi greeted his old friend with a smile.

Wu Xiong smiled bitterly and shook his head, saying, "With the general environment like this, how can it be good! There is no trading in the stock market at all. We stock market traders are living on a basic salary, and our living standards are plummeting."

"That's right." Li Wendi restrained his smile and said with a smile, "Now that the stock market has recovered, Mr. Wu's good days are coming again. What are you worried about?"

"Mr. Li, do you also believe that this is a sign of stock market recovery? Aren't you worried that someone is playing tricks?" Wu Xiong asked seriously, his eyes full of hope. His reason told him that this was a trap, but his emotions told him that this was a good opportunity.

Li Wendi shook his head. "Who knows? Maybe, but it's an opportunity for us to make money."

"Mr. Li, do you mean to take the opportunity to sell out, or buy low and sell high?" Wu Xiong was a little confused about Li Wendi's thoughts.

"Of course, we take the opportunity to sell! Once we buy low and sell high, who knows when those big investors will start selling and at what price. If we are a step slower, we may lose a lot of money. I won't do such a dangerous thing." Li Wendi shook his head.

Wu Xiong nodded. Li Wendi's style has always been like this, bold and careful, not reckless. Selling at this time is much safer than buying low and selling high.

"Mr. Wu, to what point do you think the Hang Seng Index will rise?" Li Wendi asked seriously.

"It should be similar to last time, maybe a few dozen points." Wu Xiong was very conservative. No one could predict such things for sure, so he could only calculate according to the worst case scenario, so that he could get the greatest benefit.

Is it also a two-week recovery period?

Li Wendi thought to himself, if this is the case, then the selling will start in mid-January 74. Can he do a 'buy low and sell high' operation?

Li Wendi's greed began to play tricks on him, but reason still prevailed. It was impossible for one person to make all the money, so he could only ensure his own maximum benefit based on the actual situation.

After asking about some blue-chip stock news, Li Wendi left the HSBC trading hall without staying any longer.

However, when I left, quite a few investors had already gathered in the hall. It seemed that these survivors were looking forward to this recovery.

Li Wendi sighed in his heart, "The greater the hope, the greater the disappointment!"

He is not a savior. We are all adults and should pay for our actions.

Changheng Real Estate Company Office

Chen Xingzhou also received the news in this regard, perhaps earlier than Li Wendi, but he needed to discuss it with someone. He was worried that if he was cheated like last time, the loss might not just be a few million.

"We'd better not get involved. The global economic environment is not good right now. The oil embargo in the Middle East has not been lifted yet. It is unlikely that Hong Kong's stock market will really recover." Chen Jinxi raised her eyebrows and said, this matter is too strange.

"Didn't we buy a batch of stocks when the Hang Seng Index was at 500 points? Maybe we can sell them and make some money."

The Hang Seng Index reflects the stock market trading volume on a day or over a period of time, not the stock value.

"Well! This is the only way." Chen Xingzhou suppressed his restless heart. Now is certainly the best time to buy a large amount of stocks, but if he fails to sell them in time, the losses will be terrible.

After New Year's Day in 74, the price of gold in the international market soared, exceeding US$98 per ounce, and it seemed like it would only take a moment to break through US$100.

Li Wendi looked at the newsprint with a smile on his face. So far, he had earned a profit of nearly 1600 million yuan, with a profit margin of over 100%. This was an incredibly huge profit.

If the gold price could break through $150, Li Wendi would make a fortune. Unfortunately, according to the current international situation, once the oil embargo is lifted, the price of gold will inevitably be affected. Therefore, a gold price of $150 per ounce seems unlikely.

The stock market is still rising, but the growth is slow. For example, the share price of Changxin Real Estate Company has only increased by 0.4 yuan, barely reaching the price that Li Wendi originally bought it at.

Therefore, many tabloids are boasting about the stock market recovery, but many major newspapers have invited economic experts to comment, saying: the world economic environment is bad, the London index is falling, and the Hong Kong stock market is unlikely to recover. It should be a short-term technical rise.
However, the stock investors who had been suppressed for a long time were half-believing and half-doubting. They believed in the greed in their hearts and suspected that some big investors would raise the stock price and repeat the same thing as last time.

As the Hang Seng Index rose to 454 points, a full 400 points higher than the 54 points before Christmas, a small number of investors began to enter the stock market.

Starlight Real Estate Office

Zhang Yan crossed his legs and said proudly, "Wendy, I have already started investing in the stock market. I bought a lot when the price was low, and now I have made a few hundred thousand."

Li Wendi looked at Zhang Yan and said with a smile, "Aren't you afraid that this is just a technical adjustment? This is not a bull market." This was Zhang Yan's choice, and Zhang Yan had been a little arrogant recently, so Li Wendi couldn't say anything straightforward to suppress him. After all, men all have to save face.

The smile on Zhang Yan's face disappeared, and he said, "I'm worried too, so I came over to ask you what you think."

Li Wendi evaded the question, "I'm not a god, so how can I predict the trend of the stock market? But I guess this time will be similar to the last time."

Zhang Yan frowned and pondered for a while. In fact, Zhang Yan had been trading stocks for a long time and had some judgment of his own about the stock market. After all, his experience was there, but it was not much.

"I think so too." Zhang Yan sighed, "Could it be that there is a big investor manipulating this?"

Li Wendi shook his head. "It's unlikely. It's very risky to mobilize so much money to manipulate the stock market in the current economic environment. It's better to buy at a low price and wait for the market to pick up and make a fortune. This way, the risk is lower."

"Well! When do you plan to sell your stocks?" Zhang Yan asked.

"I plan to sell everything on Monday the 14th." Li Wendi frankly stated the date, which was one of his plans.

Zhang Yan hesitated again and again, and just nodded, without directly stating whether he would follow Li Wendi in selling.

Li Wendi has fulfilled his obligations and responsibilities as a friend and brother. As for whether Zhang Yan listens or not, it is entirely up to Zhang Yan's choice. He will not interfere too much. At most, he will help Zhang Yan in the future.

Monday, December 74, 1
The Hang Seng Index rose to 461 points last week, which greatly stimulated the enthusiasm of investors, but the stock price increase was still slow. The strong blue-chip stocks only rose by 1 yuan, while the stock prices of small and medium-sized companies only rose by 0.5 or 0.6 yuan.

"Mr. Li, we are ready and can sell at any time." Wu Xiong said respectfully in front of Li Wendi.

"Let's start. Just like the previous rules, don't arouse market alert or cause stock price fluctuations." Li Wendi instructed.

"I understand! Don't worry! The traders are all experienced." Wu Xiong said.

Compared with the madness at the beginning of 73, today's stock investors are much calmer, and some are afraid of falling into the "rich man's game."

Because the market was very sensitive, Wu Xiong's operations were very slow. At the same time, there were not many buyers in the stock market, and they all bought in small quantities. Large quantities were rarely sought after.

After watching in the trading hall for nearly an hour, Li Wendi decided to go home. Millions of dollars worth of stocks could not be sold out in a short period of time.

On Thursday, January 1, Li Wendi sold all the stocks he had on hand, recovering 17 million yuan, with a return rate of nearly 810%, which made Li Wendi quite happy.

The next day, Friday the 18th, the Hang Seng Index rose to 480 points, an increase of more than 400% compared to 20 points a month ago. All major newspapers reported this enthusiastically, and some tabloids even announced that the stock market crash was over and a new bull market was about to begin.

Such publicity was in line with the minds of stock investors. After all, they all wanted to recreate the bull market in 72 and early 73, so newsprint naturally sold well.

He Qijun is a person of professional ethics. He did not lie about the facts for the sake of sales. He honestly reported the words of economic experts and added some comments from newspaper people, all of which were to dissuade shareholders and citizens from getting carried away and that investing in stocks is risky.

On Monday, January 1, as soon as the stock market opened, it ushered in a new round of plunges, including strong blue-chip stocks such as Jardine Matheson, Wheelock and Hong Kong Electric Company.

After hearing the news, Li Wendi sighed and said "As expected". Fortunately, he sold the stocks in advance, otherwise he would have made much less money this time. The stock market recovery in a bad environment is a very strange thing, just like a piece of wood drifting on the sea.

As for Chen Xingzhou, due to his greed, he had no time to sell his stocks. However, he did not buy the stocks after being dissuaded by Chen Jinxi, so he did not suffer much loss for the time being, but just wasted a good opportunity.

Although Zhang Yan followed Li Wendi in selling his stocks, he was still afraid that if he was a step slower, he would become a 'hairy crab' (tied up by the stock market).

This incident made Zhang Yan more certain of an idea: if he wanted to make money, he had to keep up with Li Wendi's footsteps. His own investment acumen was indeed not as good as Li Wendi's.

At this time, an uninvited guest came to Li Wendi's office.

Li Wendi personally served the guest a cup of tea and said with a smile, "Brother Yongguan has probably never been to my office."

He Yongguan nodded and glanced at the steaming tea, "Thank you for the last two times!"

This was the first time that He Yongguan thanked Li Wendi. Even with He Qijun's coercion the first two times, He Yongguan remained indifferent. Now, his thanks made Li Wendi a little confused.

"We are all family, there is nothing to thank for." Li Wendi laughed.

He Yongguan hesitated for a moment, but still stated the purpose of his visit, "Thanks to you for reminding Qijun about this stock market crash, otherwise I would be trapped in the stock market again. I don't know when the stock market will pick up again."

It turns out that I came here to ask this.

Li Wendi thought for a moment and replied, "I'm afraid it's unlikely this year. If Brother Yongguan wants to invest, he might as well invest in real estate. The current property prices have plummeted, so it's a good opportunity to buy."

He Yongguan is his brother-in-law. Since he was able to remind Zhang Yan, it would not be a big deal to tell He Yongguan the news. Maybe he could even gain some favor or something.

"I don't have much capital. Although the property is priced low, I can't buy many houses." He Yongguan was a little sad. Since he was beaten last time, he is afraid to hear the word "loan" and he almost implicated his sister.

Li Wendi certainly would not lend his own funds to this guy He Yongguan, so he smiled and said, "If you have little money, then do more homework and try to get a good choice, preferably a property in Central."

Realizing that Li Wendi would not lend him money, He Yongguan did not say anything more. After chatting for a few minutes, he left.

Li Wendi likes He Yongguan's straightforward personality. He doesn't bother anyone. If others are willing to give, he will accept it and be grateful. If others are not willing to give, he will politely leave.

Li Wendi, the brother-in-law, was very thoughtful. As soon as He Yongguan left, he immediately called He Qijun to report the matter. There was no other way, as He Yongguan had some previous experience.

Li Wendi didn't want to be blamed in the end and hear some nonsense about not reminding or not notifying him.

This plunge caused the light of hope that had just risen for Qi Dezun of Hutchison Group to be swallowed up by the long night. It also made Qi Dezun accept the reality and start actively looking for assistance from some powerful people. However, this was a loss of about 2 million yuan, and in today's times, few people were willing to rescue Hutchison Group.

At the same time, Hutchison Group's share price fell the most among many blue-chip stocks, with its market value even falling to 10 billion.

(End of this chapter)