My Age of Investment
One thousand one hundred and fifty-three, the fox comes out of the hole
"Everyone, this press conference is held today for two main purposes."
Although Li Huangtai has a kind-hearted appearance and a gentle tone of voice, the old man has accumulated power in Hong Kong Island for decades. When he spoke, the reporters who were in a mess just now immediately fell silent.
Li Huangtai, who was sitting on the stage, faced reporters and raised his index finger, "First, I want to clarify one thing. I want to clarify the treatment of me personally and the treatment of the Li family, Huanghe Industrial, Lai Kee Whampoa, etc. on the Facebook platform. slander from Lai Kee Telecom International and other companies.
I am a law-abiding Hong Kong citizen and a businessman who runs a business in a down-to-earth manner.
More than fifty years ago, when I was as young as all of you, I opened my first factory with $7,000 in savings from my job..."
Listening to Li Huangtai personally narrating his fortune story and magnificent business epic, the reporters could not help but show some admiration.
Regardless of whether the $7,000 was given by his wife or, as Li Huangtai said, it was his own savings from work. It is an indisputable fact that the old man has been in the shopping mall for more than fifty years and his business is growing like a snowball.
Diligence, thrift, conscientiousness, and enthusiasm for charity... are the first impressions that Li Huangtai's personal business biography and countless news and stories left on countless Chinese people.
Li Huangtai said with a smile: "Some people accuse me of not developing the land, but everyone in the industry should know that we have never stopped developing real estate projects, but building a house is not just building blocks, and the quality of the project must be the first priority.
Some people say that I don't have money, but I still donate to the university in my hometown.
If someone accuses me of being a traitor, that would be even funnier. As long as I do business with foreigners, is it considered a traitor? Hahaha~
Everyone on Hong Kong Island should know that at that time, the reunification agreement had just been signed, a large number of foreign banks withdrew from Hong Kong Island, and Chinese capital launched a large-scale acquisition campaign. It was not just me who was doing this, but all entrepreneurs who were optimistic about the future development prospects of Hong Kong Island. Do this.
We are optimistic about the future of Hong Kong Island and love the city where we grew up. Is it wrong? "
The audience immediately cheered and applauded.
Then, Li Huangtai refuted all the accusations made by the Facebook article about him, his family, and the company one by one.
For every accusation, he always found a very reasonable explanation to respond.
Li Huangtai continued: "Having been in business for more than fifty years, the Chinese circles in Hong Kong, Bay Area, Mainland China, and Southeast Asia all have corresponding comments about me as a person, Li's family tradition, and the company's governance and operations. I won’t go into too much detail here.
The pure will become clear, and the turbid will become turbid.
Next, what I want to say is the second thing.
Starting two days ago, Huanghe Industrial, Lai Kee Whampoa, and Lai Kee Telecommunications International suffered large-scale malicious short selling.
Some people with ulterior motives try to manipulate public opinion and take the opportunity to short-sell listed companies to achieve their ulterior motives.
In just two days, the market value of three listed companies evaporated by hundreds of billions of Hong Kong dollars, which is proof! "
The reporters in the audience nodded in agreement with Li Huangtai's statement.
By now, anyone with a bit of discernment has already figured out that the short seller is Xiang Zhuang dancing with his sword, aiming at Peigong, and the main purpose is to short short listed companies.
Li Huangtai smiled and said: “In the past two days, many investors holding stocks of three listed companies have suffered significant financial losses.
I am here to give them and the public an answer: The conditions of the three listed companies are all good, and there is no need to panic.
Take Yellow River Industrial as an example. In March, we had pre-sold 2,100 residential units in the Tseung Kwan O project and recorded revenue of HK$10 billion;
In May, 420 residential units in the Mid-Levels One project were pre-sold, recording revenue of HK$11 billion;
It is estimated that Huanghe Industrial's property sales revenue will reach HK$25 billion this year, nearly twice last year's revenue of HK$13.4 billion, ranking first among all real estate developers on Hong Kong Island.
In addition, according to data from relevant departments, in the next two years, the number of private residential units completed on Hong Kong Island will be 11,000 and 12,700 respectively.
And Huanghe Industrial will build more than 10,000 residential units in the next two years, and the expected income is very considerable..."
The reporters nodded repeatedly after hearing this. After all, he was the king of real estate. When the family's wealth was revealed, they were immediately blinded.
The specific concept can be understood by looking at the data.
Hong Kong Island will supply more than 20,000 new houses to the market in the next two years, and Huanghe Industrial will occupy 10,000 of them. To say that the Li family is "half the city's family business" is not misleading at all.
Then, Li Huangtai introduced the current year's performance of Lai Kee Whampoa and Lai Kee International Telecom in turn, as well as the expected performance in the next two to three years. The prospects are bright.
Looking at the reporters in the audience, Li Huangtai smiled slightly.
Even if the market value drops by more than 100 billion, so what? The fundamentals of his company are there, and the net assets alone are about to catch up with the market value. Why should he be afraid?
Li Huangtai unhurriedly unscrewed his company's Quchen's mineral water on the table, took a sip, and moistened his dry throat, and then said slowly: "In order to boost market confidence, , the management of the three companies and I have decided to increase our stock holdings in the three companies by no less than HK$10 billion within the next month!"
The reporters in the audience were in an uproar. When did Li Huangtai become so generous?
Listed companies pay a lot of dividends every year, but Li Huangtai rarely increases his stock holdings.
If we have to talk about increasing our holdings, there is no doubt that Li Huangtai has increased his holdings several times this year, each time increasing his holdings by hundreds of thousands of shares and tens of millions of Hong Kong dollars.
Just for show!
Due to the lack of increase in shareholdings, the stock prices of the three listed companies have fallen a lot compared to the beginning of the year, by about ten percent, using two days ago as the dividing line.
However, the decline in the last two days is indeed a bit large, catching up with the cumulative decline in more than half a year.
At the same time, it can also be seen that Li Huangtai was really forced to panic, otherwise he would not have launched a tens of billions of holdings increase plan.
While the reporters in the audience were whispering among themselves, Li Huangtai spoke again.
"The announcement of the increase in holdings was submitted to the Hong Kong Stock Exchange yesterday, and the increase in holdings will officially begin today."
As he spoke, Li Huangtai suddenly pointed out five fingers and said, "Today, I will increase my holdings by HK$5 billion!"
…
In the office area on the 49th floor of the IIFC Building, Xia Jingxing also raised his head to watch the live news on TV.
He listened to Li Huangtai's speech word for word, with a smile on his face. This old fox finally came out of his hole!
"How? Is this old man sinister enough?"
Facing Xia Jingxing's teasing gaze, Ye Shuhui nodded gently and had to admit that her boss's judgment was much more accurate than her own.
I thought that Li Huangtai might not be so "generous", but the other party's offer was HK$10 billion.
"He deliberately delayed his move until today. The purpose was to complete the stock holdings at a low price, and at the same time, short sellers gradually entered his circle."
Ye Shuhui sighed, "As expected of Li Huangtai, he is so scheming!"
Xia Jingxing sneered, "His devil is one foot taller, but I'm even taller! Doesn't he want to increase his holdings? I want to see if he can catch it!"
Hearing this, Ye Shuhui and Xia Jingxing looked at each other and asked, "Should we start selling now? Don't wait another day?"
Xia Jingxing shook his head slightly. He understood Ye Shuhui's intention, which was the same as Li Huangtai's. He wanted to wait for the stock price to rise before hitting it at a high level, so that the profit margin of short selling would be greater.
But Xia Jingxing didn't have time to play this hide-and-seek game with Li Huangtai at the moment.
Isn’t Li Huang Tai going to increase his holdings?
If I slapped this old guy on the face with my backhand, I don't know how he would react.
Either give in quickly, or show some courage and play a bigger game.
It's only 10 billion, which is far from enough to satisfy his appetite.
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