My Age of Investment

  Chapter 114 Hong Kong

  The next day.

  Early morning.

  Xia Jingxing and her mother rushed to the airport with various documents and procedures, and flew to Hong Kong on the earliest flight.

  When Xia Jingxing applied for a US student visa last year, he also applied for the Hong Kong and Macau Pass, which happened to be used this time.

  Because the school is already in the summer vacation, his mother has time to accompany him to Hong Kong, while his dad is busy with official duties and can’t walk away and can’t take a family trip.

  Get off the plane and after passing the customs inspection, Xia Jingxing took a small amount of Hong Kong dollars with UnionPay card from the ATM at the airport, but did not withdraw too much, because the airport exchange rate is not so cost-effective.

   Then he stopped two taxis, and the mother and son went straight to Hong Kong Central.

After getting off the bus, Zhang Yuqiong sighed a lot: "They all said that Hong Kong is good, but I saw it in person this time."

   "Mom, this is Central. If you want to see the real Hong Kong, you have to see public housing, cage homes, and pigeon houses. That is the life of the general public."

Xia Jingxing chuckles. He understands his mother's generation quite well. After he changed his mind, he always looked to the money, the trend of making money, the trend of studying abroad, and the trend of going abroad. He always thought that the moon outside the mainland was more round and he was extremely unconfident. People.

After the economic conditions improve, the post-90s or post-00s will basically not have such problems, and the self-confidence of the country and the nation has improved a lot.

   "What public housing, cage house?"

  Xia Jingxing smiled and explained to her mother.

  "How many square meters can people live?"

  Zhang Yuqiong is not convinced that Hong Kong people are so rich, how can they live in such a small house.

  Xia Jingxing smiled, "Some of them are still on bunk beds, with a few square meters living in a family.

  Don’t think I’m talking nonsense. Just look at the housing prices in Hong Kong and the average wage-earners, and you’ll know what I said is true.

  Hong Kong is indeed the Pearl of the Orient and a shopping paradise, but its prosperity does not belong to the middle and lower-class people, but to the big real estate developers.

  Originally, a small island is small, but there are millions of people living there. There are typically more people and less land, and the land is basically controlled by several major real estate families.

  These real estate families are very shrewd. They land on the ground and develop little by little.

  While waiting for the land to appreciate, it can sell at higher prices because there are fewer real estate developments.

  A city basically works for those families.

  And it may not be a generation, but the ancestors have worked as long-term workers for those real estate families for generations.

  Because grandpa can’t afford to buy a house, sons and grandsons can only continue to rent a house in the face of higher and higher housing prices..."

  Xia Jingxing walks while revealing Hong Kong to another world for her mother.

  Zhang Yuqiong saw that his son was right, so he believed it.

   "How can these people live in such a small house? Why don't they go to the mainland to develop?"

  Xia Jingxing laughed, "Mom, you asked this question very well.

  It's very simple. In their eyes, the mainland is poor! No matter how bad Hong Kong is, it is also Hong Kong.

  I have also met many Chinese in foreign countries. Even if my life is not as good as I want, I still have a special sense of superiority in front of us Chinese..."

  The mother and son were chatting. When they passed the HSBC Bank Building, Xia Jingxing glanced at them and left without stopping.

  He never cooperates with such a notorious bank.

  He found Wing Lung Bank, which has a good reputation and will be acquired by China Merchants Bank in the future. With the assistance of the staff, he opened a bank account for his mother in a short time.

  The reason why I came to Hong Kong to open a bank account was mainly to avoid the domestic foreign exchange settlement limit of US$50,000 per person per year.

   And the amount of funds in his hands now far exceeds the amount of 50,000. Either take his mother to the United States to open a bank account, or Hong Kong.

  Hong Kong is relatively close and there are no foreign exchange restrictions, so it is naturally the best choice.

  After lunch, Xia Jingxing took his mother to the 17th floor of China Insurance Group Building, 141 Des Voeux Road Central. The staff of First Securities Hong Kong Branch received the notice from the headquarters and welcomed them warmly.

  According to the normal account opening process, Zhang Yuqiong provided ID card, Hong Kong bank card, etc., filled out a few forms, and completed the account opening application in just ten or twenty minutes.

  But even if the review is urgent, it will take tomorrow to officially open a securities investment account, because there is a 16-hour time difference between Hong Kong and San Francisco, and it is already late at night in San Francisco.

After getting these things done, Xia Jingxing took her mother to the well-known Peninsula Hotel.

  The Peninsula Hotel, opened in 1928, has the title of "Ladies of the Far East" and is one of the most famous hotels in the world.

  Seeing the magnificent momentum of the hotel, Zhang Yuqiong showed his timidity before anyone even went in, and quietly asked about the price of his son.

  When he heard that the cheapest room cost several thousand Hong Kong dollars, Zhang Yuqiong immediately retreated.

  Xia Jingxing took a lot of effort to persuade his mother by coaxing.

   Entering the magnificent reception hall, Zhang Yuqiong asked again: "For such an expensive hotel, does your Facebook company really reimburse you?"

  Xia Jingxing heard her mother’s question eight times, and still patiently explained: “It’s definitely reimbursed. I’m going to Hong Kong to open a securities account. It’s a serious service for the company. Can I not be reimbursed for my travel expenses?

  No reimbursement, I will immediately let the finances cover me up and go! "

   "Hey, even if the company is reimbursed and you have a major share, it is still not worthwhile!"

  Xia Jingxing sighed, "Mom, I have returned all the money I invested in the company to my dad.

  The rest are earned for nothing, spend whatever you want. "

  Zhang Yuqiong saw the little beauty at the front desk looking at the mother and son with a smile, and nodded, "Okay, then live! Remember to ask for an invoice!"

   "Okay, got it!"

  Xia Jingxing turned around and smiled and said to the front desk: "Two sea-view rooms!"

  After deciding on the room and arranging for her mother to stay, Xia Jingxing returned to Central by herself.

  He found the Hong Kong branch of Bank of America and transferred US$2 million to the Hong Kong bank account that his mother had just opened.

  His mother’s bank account number and bank card are completely used by him, so there is no need to worry about his mother discovering that the bank card in her name has suddenly added a huge sum of money.

  His mother has no good impression of stock investment, let alone invested 2 million US dollars.

  More is worse than less, so he can only hide it temporarily, and find an opportunity to explain later.

  After returning to the Peninsula Hotel, he contacted the senior executive of First Securities, who was in charge of docking with him, and urged the other party to expeditiously review the account opening, and then asked about the loan.

   "Mr. Xia, our simple due diligence on Facebook has been completed. The accounts and equity are very clear. As soon as the securities account is opened tomorrow, you will be able to transfer $5 million to your account..."

  Although it was late at night in San Francisco, the female executive from First Securities did not have any impatience and talked about the borrowing process and progress in great detail.

  After listening, Xia Jingxing hung up after saying "thank you".

  In the evening, after a sumptuous dinner in the hotel, he accompanied his mother to the nearby Nathan Road and Harbour City to stroll around.

  I bought two sets of cosmetics and clothes for my mother, and a watch worth several thousand Hong Kong dollars for my father.

  He wanted to buy more expensive and better ones, but his mother stopped him: Do you want your dad to make mistakes?

  Being at the public door, he really had to pay attention, so Xia Jingxing didn't force it.

  After returning to the hotel, his mother was still enjoying the night view of Victoria Harbour, and Xia Jingxing had fallen asleep in the next room.

  In the middle of the night, the senior executive of First Securities called, and the beeping call alert sound directly awakened Xia Jingxing from his sleep.

   answered the phone, and a middle-aged female voice came from the other end of the phone: "Mr. Xia, the account has been opened..."

   After chatting for a few words, Xia Jingxing hung up, a carp struck up, and turned over from the bed.

  He recharged for a few hours, just to fight late at night.

  He is actually okay, just stick to it for a few days. The domestic US stock traders have worked harder, all year round.

  After getting up, he opened the laptop he brought to Hong Kong and logged into his mother’s securities account. It really showed that there was a balance of 5 million US dollars.

  He found the stock of Amicco, whose stock price showed that the stock price fluctuated continuously at 4-8 US dollars.

  I can't take care of any batches of warehouse building and shock washing.

  Some time ago, the stock price of Amicco dropped to 3.1 US dollars, but now it fluctuates between 4-8 US dollars. Maybe it will rebound in the next second.

  The amount of his funds is not particularly large, but it is not too small. It is almost impossible to quickly attract funds without causing stock price fluctuations.

  If the stock price rebounds before closing the position, you will lose a lot, and you will lose a lot of money.

  The next day, he took his mother to Wing Lung Bank again, opened bank-securities transfer, and transferred US$2 million into the First Securities account.

  Fortunately, his mother didn't understand well, so she watched from the sidelines, quietly working as a tool man.

  As the client, Xia Jingxing communicated with the bank customer service in English throughout the whole process, so there was no help.

After staying in Hong Kong for a few more days, Xia Jingxing accompanied her mother to various scenic spots and shopping malls during the day. He would sleep in the evening and wake up in the middle of the night.

  When he returned to Chengdu with two dark circles under his eyes, the 7 million US dollars in the securities account had been exhausted. At an average price of 6.05 US dollars per share, he bought and held 1,150,025 shares of Amicco.

  As soon as he got home, Andrew called him. The tax filing was done, and he only needed to pay more than $890,000 in taxes to the IRS.

  Then Xia Jingxing called Bank of America to arrange the transfer and pay the tax, and the matter was settled.

  Andrew helped him a lot, the matter was settled satisfactorily, and it was time for him to settle the reward.

  The three-point compensation commission is gone, because the compensation has been abandoned and turned into a five million dollar loan.

  He thought about it, and transferred ten thousand dollars to Andrew.

  This fat man is not at all polite, and he called and called "The boss is generous" and "Andrew Law Firm looks forward to serving you next time"...

  Andrew’s tax accountant friend also did not help in vain, and the fee was not low. Xia Jing acted for this and paid another five thousand US dollars in remuneration.

  Before, he also transferred half a million yuan to his father, which is about 60,000 US dollars.

  I came to Hong Kong for a few days and stayed in a luxury hotel for a few days. I bought a bunch of clothes and merchandise, including the round-trip airfare, which cost nearly US$10,000.

  Finally, he took a look at the balance on his card. A few days ago, he still had three million dollars in his head, but now it has dropped to 50,000 dollars.

  (End of this chapter)