Siheyuan: The Idiot in Charge
Chapter 454 Ants Moving
This one.
Jia Weidong doesn’t know whether he has real ability or not.
When it comes to flattery, each one is better than the other.
It's really unbearable!
Covering his forehead, Jia Weidong continued, "Third, I emphasize the confidentiality system again. Not only can we not disclose that we are investing in stocks, but the dozen or so of you present here will also be divided into several groups, and the groups are not allowed to inquire about each other's information!"
"Also, the company will set up an inspection team and assign someone to supervise each team. I will hold anyone who has problems accountable! I hope you won't take any chances!"
An inspection team must be set up.
Stock trading at that time was still relatively primitive.
All by cash and check.
There is no such thing as money transfers or online transactions.
Stocks are also paper certificates.
Because stock certificates are made of paper and are easy to counterfeit, fake stock certificate incidents later occurred.
Such a large amount of funds cannot be handled by Shi Xinyue, Chu Xiaodan and a few others alone.
The amount of money that passes through each group every day is at least hundreds of millions. With such a large flow of funds, it is difficult to guarantee that no one will have evil intentions out of greed.
Jia Weidong would never use his own money to test human nature.
This transaction will be held at two exchanges, the Hong Kong Stock Exchange and the Far East Exchange.
The Far Eastern Club is located in the China Bank, so security is not a big issue.
When doing business with the Xiangjiang Club, safety issues are of utmost importance and must be given special attention by the security company.
Jia Weidong plans to draw personnel from the security company and the finance department to form an inspection team to supervise the investment group.
The purpose of doing this is to ensure the safety of funds and to better maintain confidentiality, so that in the end they will not know how much money they have earned.
We will start buying from the current Hang Seng Index of over 100 points, and build up to the Hang Seng Index of over 73 points at the beginning of 1700. In the meantime, we will withdraw some funds to banks to deal with depositor runs.
According to Jia Weidong's estimation, even if he holds the shares for a long time without making any operations in between, the profit would be at least several billion yuan, at least conservatively.
The stock market is risky.
After this wave of bull market, the Hong Kong stock market crash will follow.
By then, the whole of Hong Kong will be filled with mourning.
I don’t know how many families will lose everything they have and even die.
How many people who have lost all their money and are heavily in debt will climb onto the rooftops of skyscrapers.
If these people knew that they had made tens of billions in the stock market, what do you think would be the result?
How much infamy should Jia Weidong and Dongsheng Industrial bear?
Lost in blood?
Go bankrupt?
Under the stimulation of "only stocks, no money", people rushed to buy stocks.
At that time, there were many articles urging everyone to be wary of market risks. Even the boss of HSBC spoke out and publicly called for caution against excessive market speculation.
The Hong Kong government also printed a large number of manuals such as "Stock Purchase Guidelines" and placed them in banks and exchanges for free distribution.
But no one believed it.
These people believe that "buying stocks can make you rich"
He continued to speculate in stocks crazily, which eventually led to tragedy.
Excessive joy leads to sorrow, which leads to a stock market crash.
Who can be blamed for this?
They can only blame themselves for being too greedy!
But how many of these people would look for the reasons within themselves?
By then, someone might really climb up to the rooftop of the Bank of China Building, curse Jia Weidong and Dongsheng Industrial, and then jump down.
Jia Weidong absolutely does not want to see this happen.
However, even if Jia Weidong felt compassion, it would not change anything.
Even if Jia Weidong doesn't make this money, someone else will.
The final outcome is the same!
He must make money, but he, Jia, won't take the blame!
Whoever wants to bear the blame can bear it, but I, Jia, don’t want to bear any of it!
The pie has been drawn, and the prestige has been established. Jia Weidong announced the adjournment of the meeting: "Okay! President Shi will arrange the specific work tasks for you. President Shi and Director Chu will stay, and the rest of you can adjourn the meeting!"
"Sister-in-law! Divide the dozen people in the investment department into five investment teams."
"Sister Xiaodan! Please select five financial officers from the Finance Department. They don't need to have high financial skills, just those who are conscientious and responsible in their work."
"I will assign another security team from the security company, and the head office will set up five inspection teams, each with two security guards and one financial officer, to coordinate with the investment team in their operations."
"Row!"
"Ok!"
Shi Xinyue and Chu Xiaodan both nodded seriously in agreement to Jia Weidong's instructions.
This involves an investment of several hundred million, so they cannot help but take it seriously.
"Sister-in-law, while you arrange the bank work, you will be fully responsible for this investment."
"Sister Xiaodan! You must fully cooperate with my sister-in-law! Be responsible for the allocation of funds and fund security."
"Let's make arrangements this afternoon and start buying shares of these companies tomorrow."
Jia Weidong took out a piece of paper and handed it to Shi Xinyue.
This piece of paper is filled with the names of Hong Kong listed companies.
There are not only old listed companies such as HSBC, United Enterprises, Hongkong Land, Wharf, Hong Kong Electric, China Gas, Kowloon Motor Bus, Dairy Farm, Tsing Chau Cement, Whampoa Dockyard, Telephone Company, Hutchison Whampoa, and Jardine Matheson, but also more than a dozen Chinese companies listed on the Far East Club.
"So many!" Shi Xinyue was dazzled.
"If we invest so much money in one or two companies, the stock price will go up very quickly. How can I make money then?"
Jia Weidong is going all in on Hong Kong stocks this time, and the investment is not a small amount.
The total investment amount will exceed 600 million.
There are only a few listed companies with high market capitalization today.
You should know that when Cheung Kong Industries went public in 72, its market value was only million.
In other words, the funds invested by Jia Weidong this time can buy six Cheung Kong Industries in 72.
"That's true!" Shi Xinyue had some understanding of the stock market and agreed with Jia Weidong's statement.
"Sister-in-law! Let's allocate the funds reasonably. Don't buy more than 10% of each company's stock. Don't buy all at once. Buy slowly and try to get it at the lowest price."
The main purpose of this investment is to enter the village quietly without firing a shot.
If it causes a big stir and the stock price is pushed too high, the losses will be huge.
Jia Weidong continued, "We will adopt the ant-moving method and buy in small batches. This is also safe. Let the security company cooperate, and each group will immediately escort the purchased stocks back to the bank vault."
"Especially for the Xiangjiang Club, we must pay attention to the safety issues!"
"Sister-in-law! Sister Xiaodan! Do you two have any questions?"
"no!"
"no problem!"
Jia Weidong had arranged the plan carefully enough, and Shi Xinyue and Chu Xiaodan both said there was no problem.
Jia Weidong said jokingly: "Sister-in-law! Sister Xiaodan! I can't stay in Hong Kong for too long. When I'm not here, you two should discuss and deal with anything. This battle is crucial! Whether I can live a happy life without worries about money and worries in the future depends on you!"
"Pfft! You're so beautiful!"
"Just daydreaming!"
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