God of Rebirth Trader
Chapter 101: Future Outlook
September 5, 1998.
Evening time.
Infinity Computer Company announced that it will issue an additional 50 billion Hong Kong dollars in a private placement to supplement the company's cash flow and improve its financial situation.
As soon as the news came out, many residential buildings in Hong Kong burst into wild cheers.
In recent trading days, the stock prices of more than 500 listed companies in Hong Kong have rebounded significantly, while the shares of Infinity Company are still suspended from trading.
The retail investors who were locked inside were very upset while waiting.
The only stagflation stock on the market, how much can it rise after it resumes trading?
Countless investors posted on the Internet and made various speculations.
Because of its relationship with the parent company Infinite Private Equity, "00099" has become the most popular stock in Hong Kong.
Many institutions even place orders at night so that they can be ranked in a higher priority position and buy the stock in advance.
The next day, Infinity Company resumed trading.
During the collective bidding stage, the stock price soared by 60%, pushing the stock price to 80 yuan per share.
At 9:30, the stock market officially begins trading.
In less than ten minutes, Infinity’s stock price broke through the high price of 100 yuan!
This is due to the fact that most of their company's secondary market stocks are in the hands of Wall Street consortium institutions. As a result, there are not many stocks circulating in the market, and the stock price can easily be pushed up.
As of the last minute before the afternoon close, Infinity's share price soared to HK$126.
In one fell swoop, it became the stock with the highest price in the Hong Kong stock market in 1998!
Affected by this, the Hang Seng Index rose sharply, once touching the highest point in August last year before the Asian financial crisis.
The outstanding performance of Hong Kong's financial market has further strengthened its position as Asia's financial center.
Many investors in Southeast Asian countries have to check whether Hong Kong stocks have risen or fallen every day before deciding on their trading plan for the day.
Huanghe Group Center Building.
Chen Weidong and Chen Jie came here again.
"Mr. Lin, I have asked someone to transfer 50 billion to your company's account." Chen Weidong leaned on Lin Jiacheng's desk and said with a smile.
Lin Jiacheng smiled and joked: "It's such a pity that I couldn't get 10% of your company's equity."
"Mr. Lin, you are so polite. We are here specifically to thank you this time. Fortunately, you announced your entry into the market at the critical moment, otherwise we might have gone bankrupt by now."
Chen Jie stood up, shook hands with him excitedly, and took out his camera to take a photo with him, taking a dozen photos.
In the past, he often boasted to the villagers that he was chatting and laughing with Lin Jiacheng in Xiangjiang, but now it finally happened, and there is a picture and the truth!
I'll post it online later for those street guys to take a look at.
"Haha, as a member of Xiangjiang, this is what we should do. I heard that you are planning to return to the mainland for development?" Lin Jiacheng adjusted his glasses and asked with great interest.
"I will definitely go back this month. We have been here for several years. What's more, the potential of mainland China is still very large and it is worth investing in."
Speaking of this, Chen Jie was also a little excited. He was finally going home, and he was going back in such a glorious way, at the peak of his life, nothing more than that!
"The mainland has indeed developed very fast in recent years, and our Yellow River Group is also preparing to make key investments in the mainland." Lin Jiacheng smiled and nodded, expressing his approval of his words.
"Mr. Lin, are you going to hoard land again and wait for the value to increase?"
When Chen Weidong heard that he wanted to invest, he immediately remembered a series of their saucy operations in later generations.
Lin Jiacheng has purchased a large amount of land in many first-tier cities in mainland China. After buying the land, he did not develop it and just kept it in his hands.
The piece of land that has been held up for the longest time is the Yuhu Famous Residence in Huangpu, Guangdong. Even after more than 20 years, the project is still in the hands of Lin Jiacheng.
Because he knows that the land in this area still has room for appreciation, he will not sell it and still hold it firmly.
His method of making money, to put it bluntly, is to take advantage of capital and hoard land to wait for appreciation.
Over the years, he has made a lot of money in mainland China using this method.
But in Chen Weidong's view, people like Lin Jiacheng are pure capitalists.
His investment in mainland China has brought very little help to the local economy. It is not as good as a Foxconn factory. At least it can drive the local economy and increase employment. This is a virtuous economic cycle, rather than being a pure speculator.
"Young people, the essence of business is to discover demand and then earn the price difference."
"We know that the world's population will be increasing, so land has always been people's ultimate and most fundamental necessity. Therefore, whoever uses the land best will win the world."
Lin Jiacheng stood in front of the floor-to-ceiling window, looking at the Victoria Harbor in the distance, and said these words seriously.
He knew that Chen Weidong, a young man, seemed to be somewhat resistant to the real estate industry, but he couldn't help but tell him that if you work in real estate, your future will be better.
The financial market is a virtual casino. It can make you rich in a very short period of time, or it can make you lose everything and fall to the bottom.
Many people invest in the financial market hoping to make money for nothing, but few people really think about it. Why can you easily get the money that others have worked hard for a year, two years, or half a lifetime with just two keystrokes?
When the entire market is making quick money, it goes against the laws of finance and is in check and balance with the real economy. If this continues, it won't take long before your previous profits will be lost.
Many times when you make money, it's just luck. In theory, gambling also has a 50% winning rate.
Only investment entities are the best choice to preserve existing assets, and real estate is the industry with the fastest appreciation, the smallest risk, and the safest.
Chen Weidong did not expect Lin Jiacheng to warn him like this. How could he not know that the financial market is just a "legal casino".
In later generations, the number of people who raised money in the financial market, increased their social status, and became the richest man in China can be counted on two hands, but the one who had the last laugh was Lin Jiacheng.
This is definitely not luck.
"Mr. Lin, I have learned a lesson." Chen Weidong said solemnly.
He actually wanted to say that my goal is not to make money, and real estate cannot revitalize China.
Finance and entities have always been inseparable. No matter how prosperous your financial market is, if you don't have enough power to protect it in reality, it is just a big piece of fat that can be snatched away at any time.
Only when the real entity is strong can a country be truly powerful.
In industries such as semiconductors, microelectronics, high-end equipment, etc., we still have a lot to do.
These words are too far-fetched and false.
So much so that Chen Weidong doesn't have the courage to speak out now because he has done nothing.
How powerful is the power of money and capital?
Can you get a chip by throwing money at it?
Can we develop precision instruments by throwing money at them?
Can spending money drive the transformation of low-end manufacturing?
If I can't figure it out, I'll steal it or rob it. I'll buy it back for ten times the price and then study it, okay?
Changing the world economic structure by oneself is simply a fantasy.
Breaking the European and American blockade is easy to shout slogans, but it is a mountain that is difficult to cross. It requires the efforts of several generations to achieve it.
Will this world undergo hundreds of millions of changes because of the arrival of his butterfly?
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