Rebirth of the Strongest Tycoon
Chapter 8: Stock market second
Early the next morning, Xia Yu went out after breakfast.
He did not go to the stock market first, but came to HSBC with a large pile of cash. After handling an account, he handed the money to the staff. The staff looked at Xia Yu in surprise. He couldn't think of it. This teenager can come up with so much money, and many of them are change.
He could guess that the money seemed to be something wrong. After all, a young man would have given so much money, as long as he was not a fool, he would doubt it. But he didn't ask too much, as long as he did his job well, there was no need to cause trouble.
Xia Yu didn't care about the staff's attitude. After handling the account, Xia Yu left the HSBC business hall and set off for the Kowloon Stock Exchange.
Coming to the outside of the Kowloon Stock Exchange, although it was not time to open the market, many people had gathered here. Xia Yu smiled as he watched the crowds inside.
Although Xiangjiang has not yet become an international financial city for later generations, there are already some signs, as can be seen from the stock market.
Of course, there are some reasons for the rise of the Hong Kong stock market.
First of all, most of the population in Xiangjiang comes from the southeast of the mainland. Chaoshan people are very gambling and do business. Therefore, the Hong Kong stock market is very prosperous, and it can be said that almost everyone can trade in stocks. This situation has provided a huge stockholder base for the Hong Kong stock market.
Secondly, the later generation of Xiangjiang River became an international financial city because of geographical reasons. Xiangjiang is a window of the mainland to the outside world. With the support of a population of more than one billion people, it is strange that Xiangjiang does not take off.
In Hong Kong, the stock market price can be seen as the Hang Seng Index publicly released by the Hang Seng Bank in 1969, referred to as the Hang Seng Index.
The prosperity of the Hong Kong stock market can be seen from the four stock exchanges in Hong Kong. The future existence of the Hong Kong Stock Exchange has not yet appeared, and it will not officially operate until 1986.
At present, the four major exchanges of the Hong Kong Stock Exchange (established in 1947), the Far East Stock Exchange (established in 1969), the Gold and Silver Stock Exchange (established in 1971), and the Kowloon Stock Exchange (established in 1972) coexist. situation.
Because he lives in the Kowloon area, Xia Yu didn't want to be near and far, but directly chose the Kowloon Stock Exchange. After all, he only has such a small amount of capital, which is the same everywhere.
"While the market is not open, buy some newspapers first and see if there is any useful information." Xia Yu thought for a while and walked directly to the newsstand not far from the door.
I have to say that those who come to the exchange are not bad at money and understand the importance of news. Of course, newspapers that can provide news are their first choice.
Therefore, the business of the newsstand was very good. The owner of the newsstand couldn't collect the money. Xia Yu didn't pick and choose. He took a copy of various newspapers and paid to leave.
No time wasted. Xia Yu started reading directly from the top "Chinese Journal of Economics", and did not care about other current affairs and entertainment news. He turned directly to the economic and financial section, browsed quickly, and memorized useful information.
Time passed in Xia Yu's concentration.
After half an hour, Xia Yu read the news and analysis of more than a dozen newspapers, then closed his eyes and meditated.
The exact news in these newspapers, Xia Yu focused on memorizing, and then integrated all the news that could be linked and integrated, and he really got some useful news for him. As for the analysis of those editors in the newspaper, Xia Yu could not deny it.
Judging from his fusion of the memories of so many financial tycoons, the analysis of these so-called experts can be said to be relatively naive, and some analysis is full of loopholes. Even if the analysis is correct, the analysis is relatively simple, and ordinary people can't find it even if they look at it, which is completely useless to Xia Yu.
Of course, even so, Xia Yu also discovered that some of the editor’s analysis had some unique insights, and the level was much higher. He paid special attention to it, such as "Hong Kong Economic Journal", "Sing Tao Daily", "Ming Pao" etc. Several large newspapers.
"The time is up, the market is open!" Just then, a voice came from the Kowloon Stock Exchange, and it was time.
Xia Yu stood up, patted his pants, and walked towards the Kowloon Stock Exchange. As for the newspapers he bought, he lost all of them. To him, it was no longer useful. Everything that should be recorded was already in his mind.
After entering the Kowloon Stock Exchange, Xia Yu walked towards the HSBC Securities Investment Department. If he wants to trade stocks, he needs to open an account first.
After opening the account, Xia Yu stood in the hall and observed.
Although it was only in 1978, there are already many companies listed on the Hong Kong Stock Exchange. Although most of the companies are owned by the so-called big and small families of the Hong Kong, there are also companies started by grassroots tycoons.
After all, most of the people in Xiangjiang are from the southeast of the mainland. These places have a strong business atmosphere, Zhejiang merchants, Wenzhou merchants, Chaoshan merchants, etc., all have a daring personality, so it is normal for some people to break the ground. Thing.
Because there are many listed companies, Xia Yu didn't have so much time to analyze them one by one, so he started searching directly based on the useful information obtained in the newspaper.
Blue water business!
is it!
Blue Water Commercial Company is a small company with a single business chain and poor anti-risk ability. A bit of trouble can easily affect the stock price. According to the news in the newspaper, another company in the same field that is several times larger than Blue Water Commercial invested in With a large amount of funds to develop new products, UU read www.uukanshu.com and according to the clues, Jiusheng Commercial should have succeeded at this time, and the news is about to be released.
In addition, the stock price of Lanshui Commercial has fluctuated slightly in the past few days. Someone should have received some news. Xia Yu guessed that it might have been done by people from Jiusheng Commercial. He planned to take the opportunity to release news and cut the meat of Lanshui Commercial and retail investors. .
Therefore, Xia Yu has two choices, buy Jiusheng business up, or buy Bluewater business down; that is, it is often said to do long-term business, or short Bluewater business.
And because the scale of Jiusheng Business is several times that of Lanshui Business, and the plate is much larger, even if it is good news, the increase of Jiusheng Business will not exceed the decline of Blue Water Business.
So relatively speaking, buying blue water business will make more profit!
Coupled with Xia Yu's plan to use five times the leverage, the profit is absolutely considerable.
Of course, the risk of short-selling is also greater. If, after buying the blue water business and falling, encounter the dealer forcibly raising the stock price, Xia Yu uses five times the leverage, it is likely to be liquidated, it depends on when the news of Jiusheng Business broke out Up.
However, risks and benefits coexist. Judging from the memories of the financial tycoons in Xia Yu's mind, the risk of a business decline in buying blue water with five times leverage is negligible, so Xia Yu is not afraid of this risk.
What's more, the money comes too easily, even if it is a loss, Xia Yu feels distressed at most! Big deal, take another risk and go to Hong Kong Island and spend a day or two to earn it back.
I thought about it again and found that there was nothing missing. Xia Yu came to the seat of HSBC's investment department. Ignoring the staff's somewhat surprised gaze, he directly allocated funds with five times leverage, leveraging 600,000 funds to buy Blue Water.
120,000 funds are considered to be too much among retail accounts, and they are already eligible to apply for five times leverage to allocate funds.
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