The Son of Finance of the Great Age

  Chapter 32 Porsche 959

   Hearing what Zhong Shi said, Liao Chengde was relieved.

  He witnessed with his own eyes how Zhong Shi made his fortune. In the past, he was the so-called "Scholar from the Dragon". In the past two years, under Zhong Shi's guidance, his net worth has increased several times, and it has almost reached the threshold of 100 million.

However, these are not worth mentioning compared with Zhongshi. Not to mention where Zhongshi earned this huge sum of money this time, it is enough to say that Zhongshi's huge Japanese yen option fee in the option market It is worth Liao Chengde's current net worth.

  What Liao Chengde didn’t know was that if the yen didn’t rise to 190 yen to one U.S. dollar in the next year, then Zhongshi’s option fee of up to 80 million Hong Kong dollars would disappear in an instant.

  Options are like this, if the agreed price is not reached, then choose not to execute, and the loss is only an option premium, and once the agreed price is exceeded, if you choose to execute, you can arbitrage between the actual price in the market and the agreed price.

   To put it bluntly, options are a legal VAM agreement.

   "Zhong Sheng, today I made an appointment with the most famous real estate agent on Hong Kong Island. Do you think..." Liao Chengde asked cautiously, implying that Zhong Shi should go there early to avoid being rude. Although he is now a wealthy man, he still maintains a cautious habit and does not easily offend others unless it is absolutely necessary.

   "It's in the middle of the mountain? Why did you go so early? Did you tell him my request?"

   Zhong Shi asked casually while getting up lazily. And Zhong Yi, who came over on the weekend, was also drinking coffee leisurely in the lobby. This stuff is really too bitter. I don’t know why people like to drink this. It would be nice if there was a little sugar. Zhong Yi frowned while thinking silently.

  Received a call from Zhong Shi from Hong Kong, saying that he would buy a house on Hong Kong Island in his name, Zhong Yi was so surprised that his jaw almost dropped to the ground. What? Buying a house on Hong Kong Island, and in the mid-levels where the rich gather?

   Anxious Zhong Yi took his documents and rushed to Hong Kong at the fastest speed. Who would have thought that Zhong Shi hadn't gotten up yet, and Zhong Yi's hard work of driving for more than ten hours was wasted.

   "I've said it all, there are several properties nearby, and the market price is about 20 million Hong Kong dollars, which is not much worse than my villa!"

  In the 1980s, a mansion worth 20 million Hong Kong dollars was really sky-high. Even after 20 years, the house price here is only a few hundred million, not to mention the inflation over the years.

"What? A 20 million mansion?" Zhong Yi sprayed a sip of coffee on the colorful Persian carpet, which stained a decent piece of carpet, and Lin Butler, who had been standing next to him, hurriedly brought clean towels to him. He cleans his face and ignores the glaring stains on the carpet.

   "Why are you making such a fuss? How can you manage a multi-billion dollar fund in the future?" Zhong Shi, who was dressed, just saw this scene, and couldn't help frowning, and said unceremoniously.

   "Billions of dollars? Fund?" Zhong Yi quickly covered his mouth, for fear of spewing out another mouthful of coffee.

"fund?"

  Liao Chengde understood when he rolled his eyes. "Zhong Sheng, do you plan to set up a fund? How about counting me in?" He was shrewd and thought of how to climb onto Zhong Shi's chariot in a blink of an eye.

   "Don't worry, you will be indispensable!" Zhong Shi took a sip of coffee at the right temperature, then winked at the two people standing in the hall with different expressions, and said, "Let's go, what are you waiting for!"

  ...

After visiting several places, Zhong Shi finally chose a mansion with a total of about 20,000 square feet on Repulse Bay Road, which cost 30 million Hong Kong dollars. At that time, Hong Kong’s real estate market was recovering from the collapse of 1982. Even the high-end residences along Nanwan Road on Hong Kong Island have just recovered a little bit from the rising property market in 1985.

  This mansion is surrounded by trees and close to the sea, with swimming pools and tennis courts. There are three-story bungalows in the mansion, and each room has a terrace with an open view. There are fifteen bedrooms, ten bathrooms, four kitchens, and a large basement.

  Liao Chengde wandered around inside for a long time, and when he came out, he sighed with emotion: "It's really one of the best mansions. Compared with this place, mine is like a kid's plaything."

And the real estate agent was even more open-eyed. He also received a lot of commissions for such a large transaction, and the buyer was so generous that he didn't even frown when talking about the price. Clearly a high roller.

   On the way back, Zhong Shi asked the excited Zhong Yi, "Do you want to buy a scooter? You will come to Hong Kong to go to school soon. How can you do without a car?"

  Hong Kong University is also on Hong Kong Island, but there is still a distance from Repulse Bay. If you go to and from school every day, you may be a little rushed in time.

   "Sure!" Zhong Yi was even more excited when he heard that there was a car to drive, and hurriedly nodded.

   "Go to the Porsche dealership!"

   Zhong Shi ordered Lu Hudao in front. For Zhong Yi who was pushed to the front stage, Zhong Shi doesn't mind packaging him as a playboy, as long as Zhong Shi who is hidden behind him will not be exposed.

   "Zhong Sheng, do you want to buy a car?"

  Liao Chengde's strange road, Hong Kong's driving habits are different from those in mainland China. This is also derived from the driving habits in the UK. In Hong Kong, cars generally drive on the left side, and the steering wheels of cars sold in Hong Kong are also on the left side.

   "Hmm." Zhong Shi snorted, and stared at the scenery outside with great interest.

  Liao Chengde saw that Zhong Shi was not interested in speaking, so he tactfully silenced his voice, closed his eyes and regained his composure. As for Zhong Shi's current plan, he was becoming more and more incomprehensible.

In the flagship store of Porsche in Hong Kong, a shopping guide with a slim figure is patiently talking about the various performances of Porsche sports cars. It took a lot of effort.

   "I don't know if this place accepts 959 reservations?"

   Zhong Shi looked at the dazzling variety of sports cars, frowned imperceptibly, and said in a voice that only the shopping guide could hear.

   "959? That's a new car, you can accept reservations, but in terms of price..."

  The shopping guide had a troubled look on her face.

Sports cars in the 1980s belonged to the world of Italian Ferraris and Lamborghinis, but Porsche from Germany was already well-known, what was missing was a flagship sports car that overwhelmed the two super giants, and the Porsche 959 came into play under such circumstances born.

Porsche 959 is a two-seater sports car equipped with a rear-mounted 2.8L twin-turbo air-cooled six-cylinder boxer engine with a maximum power of 311kW (450PS)/6500rpm, a maximum torque of 500Nm/5500rpm, and a maximum speed of 3m/h. It only takes 3.7 seconds to accelerate from 0 to 100km/h. During the period from 1987 to 1989, a total of 283 Porsche 959s were produced, which is a limited edition super sports car.

There is also a small anecdote about the Porsche 959, that is, the two founders of Microsoft, Bill Gates and Paul Allen, each have a Porsche 959, but because the exhaust emissions of the 959 do not meet the US standards, and the 959 does not have a collision safety level certificate, So this car has been banned from driving in California. Nearly 10 years after being banned, a federal decree was personally issued by then US President Clinton, allowing Gates to legally drive his 959. There are even rumors that Gates and Paul Allen even developed a program to conduct virtual crash tests in order to legally drive this car on the road, so as to obtain the all-important crash classification certification.

   This car is also one of the few supercars that has been appreciating in value. At that time, the selling price was about 225,000 US dollars, which was equivalent to 1.75 million Hong Kong dollars. After adding tariffs and luxury taxes, the price after arriving in Hong Kong was about 3 million. Twenty years later, this car could even be sold in the hands of collectors. Appreciated to 15 million Hong Kong dollars.

   On March 13, 1986, Microsoft was listed on the Nasdaq Stock Exchange, with an initial financing of 65 million US dollars, and the increase was as high as 39% on the first day of listing. However, before the launch of win95, Microsoft was still just an IT company with broad growth prospects.

  This is also the reason why Zhong Shi did not invest in it. The deeper reason is that it is much easier to make money in the futures market than in the stock market.

   "There are only three places for 959 in Hong Kong. This is the last one. Sir, do you want to book now?"

   Seeing that Zhong Shi had made up his mind, the shopping guide urged her strongly. For her, if she can sell a luxury car, there are also a lot of commissions.

   "Well, make a reservation now." Zhong Shi took out his bank card from his pocket and asked without looking back, "Where should I swipe the card?"

   "Wait a minute, I saw this car first, so I have to say first come, first served?"

  At this time, a young man in his twenties came from the side, dressed in fancy clothes, and even had a gold chain as thick as a pinky finger hanging around his neck.

  Following him, there were three or four youths who were also dressed in fancy clothes. They all looked at Zhong Shi with unfriendly expressions, as if they would strike if they disagreed with each other.

   "Who is this?" Zhong felt that his posture was wrong, so he hid Zhong Shi behind his back, and at the same time looked around to see if there was a quick retreat. His understanding of Hong Kong at this time is largely derived from Hong Kong movies. On the big screen, big men in sunglasses and windbreakers scatter bullets wantonly, forming scenes of blood and fire.

   "Pu Jie, do you have so much money to buy a luxury car in the big circle? Do you know who my old Dou is?" the young man in flower shirt said disdainfully. Hearing these people speak Mandarin, the youth in flowered shirt suddenly felt a sense of superiority.

   "You brat, I let you show off, and it's all my money!"

   Before the young man in flowered shirt finished speaking, he was hit **** the forehead, which made his eyes dim for a while, and stars stared into his eyes. The attack was so heavy that even the people behind the young man in Huashan were stunned. (Please click, please recommend, please collect)

  (end of this chapter)