My Age of Investment

After spending a few days with Christina and the children in Silicon Valley, Xia Jingxing set off for Hong Kong Island.

As soon as the group got off the plane, they headed straight to Central.

Ye Shuhui personally led a team to greet Xia Jingxing at the airport. When they returned, she and Xia Jingxing sat in the same car.

Along the way, she kept reporting the investment results of the Hong Kong Island office to Xia Jingxing.

“As of today, October 7, all short positions have been closed.”

"Yellow River Industrial's current stock price has fallen to a low of HK$40, which is a drop of more than 70% from the high of HK$144 at the beginning of the year. The market value has evaporated by more than HK$240 billion, and the Li family's worth has shrunk by HK$138 billion." 940

"Lai Kee Whampoa's current stock price has dropped to 30 Hong Kong dollars, which is a drop of about 66% from nearly 90 Hong Kong dollars at the beginning of the year. The market value has evaporated by 256 billion Hong Kong dollars, and the Li family's worth has shrunk by 167.5 billion Hong Kong dollars." 1280

"Lai Kee Telecom International's stock price fell to HK$5, a drop of about 56% from HK$11.35 at the beginning of the year. The market value has evaporated by HK$30 billion, and the value of the Li family has shrunk by HK$25 billion."

…

Xia Jingxing immediately laughed, "The three companies have collectively lost more than 500 billion Hong Kong dollars in market value, and then the Li family's worth has shrunk by 330 billion Hong Kong dollars?"

Ye Shuhui nodded heavily, and then couldn't help but laugh, "This data is calculated by Hong Kong media and is slightly exaggerated.

They calculated the losses from the 80 billion Hong Kong dollars in shares acquired by the Li family from the highest point at the beginning of the year to the lowest point today. This is very unreasonable.

For example, when Li Huangtai increased his holdings in Huanghe Industrial, the cost of increasing his holdings was more than 90 Hong Kong dollars per share. The media calculated the loss based on 144 Hong Kong dollars per share at the beginning of the year.

We have made internal calculations and found that the real floating loss of the Li family should be less than HK$300 billion, only more than HK$280 billion.

Among them, HK$240 billion was the huge floating loss caused by the evaporation of the market value of the three listed companies held by the Li family before they increased their holdings.

Another floating loss of more than 40 billion Hong Kong dollars was caused by the financial crisis in the United States after they completed the increase of HK$80 billion in holdings, and the stock prices of the three companies fell by more than half on average. "

Xia Jingxing smiled and said: "280 billion Hong Kong dollars is quite a lot. The Li family's net worth in the Forbes list last year was only over 30 billion US dollars, right?

With such a loss, wouldn’t his net worth be reduced to zero? "

Ye Shuhui smiled and shook her head, "No, no, no, this only shows that the statistics of Forbes are not accurate. For example, the HK$80 billion in cash the Li family spent to increase their holdings should not have been included in the statistics of Forbes.

People used to say that the Li family had hidden wealth, but Li Huangtai refused to admit it.

This time he used all his capital, and part of his wealth was exposed again.

To be honest, he feels like a giant turtle in the deep sea. It's hard to imagine how huge his body is under the deep water.

After decades of plundering Hong Kong Island, the wealth of a city has basically gone into the pockets of several of their major families. "

Xia Jingxing smiled and said nothing. To be honest, if it hadn't been for a once-in-a-century financial crisis, it would have been really difficult to clean up Lihuangtai.

In the words of the Hong Kong media: Even Buddha is on Mr. Xia’s side this time.

Li Huangtai believes in Buddhism, but this time I, the Buddha, did not save him.

I don’t know if Li Wong Tai will destroy the Tsz Shan Temple that his family spent 1.5 billion to build in the New Territories afterwards.

"This loss of HK$280 billion is actually not a permanent loss. The Li family took advantage of this opportunity to greatly increase the shareholding ratio of the three listed companies.

As long as the stock price rebounds next year or the year after, the losses will be wiped out immediately. "

When talking about this, Xia Jingxing felt very upset and couldn't give Li Huangtai a hard blow, which had to be said to be a pity.

However, doing business is not about playing house. This time, Vision Capital needs to quickly match up a rival before it can fully compete with the Li family.

Like other businesses of the Li family, real estate, ports, retail, telecommunications...

Xia Jingxing does not have any company that operates this kind of business. It is not in the same industry, so it is difficult to attack the Li family at the specific business level.

Therefore, we can only teach Li Huangtai a lesson at the financial level.

Ye Shuhui retorted again: "Xia Sheng, you are wrong.

It is true that when the stock price rebounds, the Li family's net worth will be restored to its full value.

But this is paper wealth. Once the stock price fluctuates, it will decrease by hundreds of billions as it does now.

It is not easy to easily take out the HK$80 billion that Li Huangtai has accumulated. He can only realize cash by paying dividends, dividends, reduction of holdings, etc.

He can't even think of taking back all the 80 billion in ten or eight years.

Without so much cash at once and hit by the financial crisis, the Li family's business plan will be disrupted.

In a few years, there is no hope of returning to the previous pioneering state. We can only switch to a conservative defensive state, focusing on stability. "

Xia Jingxing nodded lightly, so to speak, he still caused some trouble for the old guy.

Even if it only delays the development of the other party for a few years, it will be regarded as exporting bad temper to the people of Hong Kong Island and the mainland.

Of course, Xia Jingxing will also take the money earned from the Li family and use it for the people to develop high technology!

So Xia Jingxing asked: "How is the overall profit from our short selling this time?"

Ye Shuhui immediately replied: "Preliminary statistics have been calculated. The short-selling profit of the US$10 billion invested in the three listed companies of the Li family is approximately US$5 billion.

In addition, we have shorted more than 40 billion Hong Kong dollars in other three major real estate families and mainland real estate companies such as SOHO.

The stock prices of these companies have not fluctuated as much as Huanghe Industrial and Lai Kee Whampoa, but they have also fallen significantly under the influence of the US financial crisis.

For example, the stock price of Hengji has fallen by more than 50% from the high at the beginning of the year, and the Lee Zhaoji family has lost hundreds of billions of Hong Kong dollars in wealth.

The three Kwok brothers of Xinhongji together have lost hundreds of billions of Hong Kong dollars in wealth.

Compared to Li Huangtai, their losses were relatively small. "

Xia Jingxing smiled and said, "That's because we are mainly eyeing Li Huangtai. If we spend all our energy on them, they won't be able to get any favors from them."

"That is!"

Ye Shuhui smiled and nodded. This was not flattery on her part, but something that everyone on Hong Kong Island could see.

Nowadays, everyone praises the other three major real estate families for raising one or more good sons who do not cause trouble everywhere and do not bring trouble to the family industry.

As for "Little Superan", he has become a negative example. It is more appropriate to call him "Little Naughty Egg".

Some Hong Kong media attributed the short selling of the Li family's listed company to Li Yikai, believing that he provoked Xia Jingxing and attracted the revenge of the financial giant.

"Oh, by the way, Xia Sheng, SOHO's stock price has fallen a bit badly this time. It has fallen more than Huanghe Industrial. The stock price has dropped by 90%."

Xia Jingxing smiled and said: "Lao Pan is also a traitor. This time he focused on the big fish Lihuangtai and almost missed this small fish.

However, even if we didn't take any action, their company's stock price fell badly enough. "