The rise of Hong Kong's wealthy families

Chapter 151 Arrangements for closing gold investment positions

late December

Gold has risen from more than 200 US dollars per ounce at the beginning of the year to more than 700 US dollars per ounce, which has stunned market speculators. No one can imagine that gold has almost tripled in less than a year. This makes those who sold gold early Speculators beat their chests and sigh, "I am a fool."

He Jiahao knew that the Soviet Union's invasion of Afghanistan in January 1980 would bring the price of gold to an unprecedented high of 825 US dollars per ounce. However, he bought too much gold. Standard Chartered Bank had 600 million yuan and Wan Guo Baotong Bank had 3.8 If the position is closed directly, the entire market may cause a relatively large shock, so he wants to close the position slowly.

Arriving at Standard Chartered Bank, He Jiahao was greeted by Chief Executive Officer Charles.

"He Sheng, long time no see!" Charles quickly reached out and held He Jiahao's palm, with a smile on his face. This was the first time He Jiahao had visited the door of Standard Chartered Bank in more than half a year. Charles thought that He Jiahao finally remembered Standard Chartered Bank.

"I haven't seen Mr. Charles for a while. This time I'm here to handle the gold I bought from your bank at the end of last year." He Jiahao seemed to have forgotten that Standard Chartered Bank abandoned him.

"Is He Sheng planning to close the position? The price of gold has risen rapidly during this period, and there should be room for it to rise. This is a lot of money." Charles hesitated and persuaded.

"Mr. Charles, my principle in doing things is 'not to make the last penny', and 600 million yuan in gold cannot be sold in a short time." He Jiahao said seriously.

Charles may have good intentions, he may have other motives, or he may have both ideas.

Naturally, He Jiahao will not change his mind just because of Charles's persuasion. As a successful time traveler, he must be determined.

"Okay, how long does He Sheng plan to take to close the position?"

He Jiahao took a sip of coffee and said with a smile, "In one month, the average daily shipment will be about 30 million, and it will be completed by late January next year."

Charles thought for a while, then looked up at the secretary standing next to him. The secretary nodded and walked out.

The two started chatting again. During this period, Charles asked He Jiahao to continue to let Standard Chartered Bank be responsible for part of his personal investments. To this, He Jiahao nodded and agreed, but the investment in Standard Chartered Bank was definitely not an important investment.

He Jiahao also knows that Standard Chartered Bank has become a vassal of HSBC. Standard Chartered Bank does not have much autonomy when it comes to major events, but he cannot completely rely on Wan Guo Baotong Bank. After all, ‘all eggs cannot be put in one basket’.

Soon, the secretary came back with the relevant contract, and He Jiahao read it carefully before signing.

The gold income from Standard Chartered Bank will exceed 1 billion. He plans to clear part of his personal debt and reduce the debt to about 500 million.

Then he went to Wanguo Baotong Bank and asked Gauss to finish selling gold before late January. He bought US$380 million in two batches, US$180 million at a price of US$280 per ounce, and US$200 million at US$320 per ounce. If you buy at the price of US$/ounce, you can probably earn US$500 million and withdraw more than US$880 million.

He Jiahao plans to invest half of this US dollar in international crude oil. By the beginning of 2081, the profit is expected to be around 40%.

This is also the largest investment made by He Jiahao since time travel. When the political crisis comes in 1982, it will be a move that shocks the world if it is used to buy at the bottom.

Back at Yunzhimeng, news is pouring in that Yiren Real Estate has officially changed its name to Yunzhimeng Media Co., Ltd., which owns properties, theaters and film production.

As soon as the announcement came out, Yunzhimeng Media's stock price skyrocketed, from 1.2 yuan to 2.5 yuan. The increase still cannot be stopped, and the market value is already 175 million. According to Yunzhimeng Media's current asset value, the stock price will rise to at least 5 Yuan, even higher than the asset value.

"20 million new shares can be issued in March next year, and the price is to be determined. This money will be used to acquire Yunzhimeng's magazine and newspaper industry. In the second half of the year, we will conduct a fund-raising rights issue to completely absorb Yunzhimeng into Yunzhimeng Media."

He Jiahao thought for a while and added, "Let's issue 10 million shares among the 20 million new shares in exchange for property."

Yunzhimeng Company is a private company. After being integrated into Yunzhimeng Media, the shares will be transferred to He Jiahao's personal name.

Lin Han lowered his head to record in his notebook. After finishing, he raised his head and said to He Jiahao, "Yes, investors have great confidence in Yunzhimeng Media's stocks and are rushing to buy them. The 10 million new shares should be sold out instantly. , this is because of the boss’s reputation in Hong Kong, otherwise Yunzhimeng Media would not be what it is today.”

How serious is this flattery!

He Jiahao felt that Lin Han was not flattering, but telling the truth.

"How much money is left in Yunzhimeng's account?" He Jiahao asked. Now that the gold position has begun to be closed, Yunzhimeng's funds can be moved (originally it was reserved for interest). After all, money has to make money, not wait for the bank interest.

"There are more than 67 million yuan in the account, and several million more cash are needed for the film." Lin Hanhui reported.

"Take out 50 million and buy the stocks of five companies: Huanghe Industrial, New World Development, Hang Lung, Carinen Group, and Sun Hung Kai in batches, for 10 million each." He Jiahao ordered.

Today is a bull market, and its companies cannot miss the opportunity to make money. The return rate on these investments is very high, maybe 100%, because the asset value of Chinese capital will explode in the past few years, but the investment time is a bit long. .

"Yes!" Lin Han was recording again, "Luotu Clothing also has 15 million in its account. Do you need to invest it in the stock market?"

Lin Han has always been involved in the management of Luotu Clothing, but most of his energy is focused on Yunzhimeng, because the business scope of Luotu Clothing is relatively single.

He Jiahao thought for a while and asked, "What do you think?"

He had never been in charge of Luotu Clothing and was not familiar with the company's situation, so he wanted to hear Lin Han's opinion.

"The situation of Luotu Clothing is very stable. Now it mainly operates comic derivatives, own brands and specialty stores. It does not require much funds. I suggest leaving 5 million in the account and investing 10 million in the stock market." Lin Han suggested.

"Keep 7 million in your account and invest 8 million in the stock market. Let's buy all of the shares of Jia Ning Group." He Jiahao made an immediate decision and said.

Jianing Group is about to usher in explosive development in the hands of Chen Songqing, and the stock price is rising alarmingly, allowing Luotu Clothing to make a good amount of money.

"Okay." Lin Han thought for a while and continued, "Boss, I have a suggestion."

"Tell me and listen." He Jiahao has never hindered senior management from making suggestions. The company's development cannot rely solely on him, otherwise it will be exhausted.

"The business of Luotu Clothing is too single. The recent gold market is very good. I suggest that Luotu Clothing enters into gold jewelry and can operate a brand like Chow Tai Fook."

The current appreciation of gold is so great that many people think it is an opportunity.

He Jiahao thought for a long time and felt that the appreciation of gold was about to reach its peak. The price would slowly drop after January next year. It would be a bit of a loss to buy it now, but he could understand it first.

The gold jewelry industry is a big market, and Zheng Yutong relied on gold to slowly build one of the four major families in Hong Kong.

"Okay, you collect information first, and after you understand it clearly, we will enter the gold jewelry industry."

He Jiahao felt that it would be good to establish a gold jewelry company like "Saturday Fortune", but it would not be listed on the market and become a sole proprietorship of Luotu Clothing. It would serve as one of the future cash cows of the He family and increase the family's heritage.

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