393【Cheung Kong Industrial】
Ye Jin stayed in the trading hall for half an hour and observed the trading of investors.
The decoration of this transaction hall is similar to the bank hall, with the front and back of the cabinets separated by glass windows in the middle.
Stock investors stood in front of the counter, holding money and notebooks in their hands, buying stocks while making records. Behind the counter were traders wearing red vests, who were collecting money while trading records on the blackboard.
The blackboard that records the stock price is hung behind the cabinet, with the stock prices of more than a dozen companies listed in the Xiangjiang Association.
In 1976, there were no more than 100 listed companies in Xiangjiang. They were scattered in four stock exchanges, with an average of only more than 20 companies each, so a large blackboard could be written. If it were thousands of listed companies in A-shares, they would probably have to fill the entire Nathan Road.
Judging from the current trading situation, it is obvious that the public has not recovered their confidence in the stock market.
Ye Jin stayed here for half an hour and found that he had only traded three transactions, and the transaction volume was only 3,000 Hong Kong dollars.
The investors present waited and acted less, and even the stock brokers at the counter looked listless.
It is worth mentioning that the stocks in the 1970s were still physical, and there was really a note printed with [Stocks]. After investors paid the money, the stock broker would hand out a stack of stocks, which was the same as buying things on their usual occasions.
The stock market crash in 1973 was actually caused by this kind of stock. Because this stock anti-counterfeiting measures were not strict, a large number of fake stocks appeared in the stock market at that time. Because it was difficult to distinguish between true and false, it caused panic among investors.
In addition, the stock market was too hot and the bubble was extremely serious, which made the Xiangjiang stock market full of crisis. And the [fake stock event] was like a star cremation, which detonated all the explosive barrels, which caused the Xiangjiang stock market to plummet, and it still failed to recover its vitality until now.
Ye Jin originally wanted to stay for a while. However, in order to cover up his identity, he wore sunglasses and masks, and his outfit was really unique and attracted people's attention. If he stayed there might be a risk of exposure, so he had to retreat in advance.
However, he had a rough understanding of the way to trade stocks, and the next step was to buy a few stocks and try them out.
For a rich man like Ye Jin, if he wants to buy and sell stocks, he naturally does not need to queue up to trade in the trading hall. He can directly ask the stock broker to help him operate, and even buy Zhangtai directly on the stock exchange for on-site trading. According to the mainland, he can enjoy the rights of [big investors].
...
Two days later, Ye Jin found his stock broker - Wanguo Business.
Wanguo Business is an investment company under Citibank. It was established at the beginning of this century to develop trade between Middle-Turkey and the Philippines. In 1915, Wanguo Business was merged by Citibank, and its business is still mainly concentrated in East Asia.
By 1976, Wanguo Business had become the top investment company in Xiangjiang, mainly responsible for securities issuance, underwriting, transactions, corporate restructuring, mergers and acquisitions, investment analysis, venture capital, project financing and other businesses.
Ye Jin also took his reputation, so he asked him to help him manage his finances. Wanguo Business also attached great importance to Ye Jin, so he specially sent the most capable investment consultant, De Williams, to serve him.
De William's name sounds like a Middle-Earthian, but in fact he is from England. However, in order to facilitate cooperation with Chinese people in Xiangjiang, he gave himself a Chinese name. It was like Chen Bi, a senior member of Huifeng Bank, Walt Disney, a senior member of Hutchison Whampoa, and 24-year-old Hong Kong Governor Dai Linzhi.
"Mr. Ye, what stocks do you want to buy? Or should I recommend some for you?" De William looked at Ye Jin and smiled. His Chinese was pretty good. Although he was a bit weird, he could basically understand it.
"I am more optimistic about Yangtze River Industry." Ye Jin said to Deville.
The chairman of Changjiang Industrial is Li Chaoren. Ye Jin has never seen it anymore and has heard of Li Chaoren's name. He knows that he has been re-elected as the richest Chinese in Xiangjiang and even the world for a long time. It was not until the rise of the mainland Internet economy that the throne of the richest Chinese changed hands for the first time.
Changjiang Industrial's current market value is only about 500 million yuan. In the future, its market value is likely to rise to around 100 billion Hong Kong dollars, a hundred times appreciation, so there is still a lot of room for investment.
"Changjiang Industry?!" When De Williamsie heard Ye Jin say this, he was stunned, and then nodded with a smile, "Mr. Ye, your choice is still good.
Although Changjiang Industrial is not well-known among the many real estate companies in Xiangjiang, its operations are actually very stable and steady. Its boss Li Chaoren was originally a plastic flower, and was once known as the [Plastic Flower King]. In the late 1950s, he began to enter the real estate industry.
In the 1960s, he took advantage of the civil strife to absorb a large number of properties and land at a low price. Later, as the situation stabilized, the real estate market recovered and made a lot of money.
In 1973, he established Changjiang Industrial and completely abandoned the plastic flower business. In 1973, Changjiang Industrial successfully went public while the stock market was booming, and its stock price doubled that day.
After the stock market plummeted and the housing market collapsed, Li Chaoren abandoned me and took the opportunity to buy the bottom.
In 1973, he bought Zhonghui Building for HK$15.9 million, with an annual rent of HK$1.3 million; in 1974, it controlled urban real estate and obtained high-quality properties such as Lijing Building;
In 1975, he cooperated with Canadian International Bank to develop real estate, making a profit of HK$65 million; in 1976, he spent HK$230 million to acquire US-owned Yonggao Company, and acquired two high-quality properties, Hilton Hotel, Hong Kong and Dijing Hotel, Indonesia...
In addition, he also cooperated with Sun Hung Kai, Chow Tai Fook and other companies to jointly acquire the former site of British American Tobacco Company and convert it into Luo Ke Building and Elizabeth Building. He made a net profit of 100 million Hong Kong dollars, and Changjiang Industrial got 35 million...
It is precisely because of this series of smart investments that Changjiang Industrial has not only not been able to recover under the dual influence of stock market crash and oil crisis, but has developed vigorously. I am very optimistic about its future development."
"You actually remember its information so well?" Ye Jin couldn't help but ask in surprise when he saw De William talking.
Changjiang Industrial is not the strongest real estate company in Xiangjiang at this stage, and it is not even the strongest Chinese real estate company. Its market value is only 500 million. Compared with Land with a market value of nearly 10 billion, Jardine Mahjong, Hutchison Whampoa, Hutchison Whampoa, Hutchison Whampoa, Huidefeng, etc., it is simply a little brother.
De William could still know such an inconspicuous company very well, and blurt out the information and read it at will, which was really extraordinary.
"Mr. Ye, as an investment consultant, if I can't even remember these information, then I'm too failed." De William smiled.
Chapter completed!