Of course good things come in pairs:

The monthly sales volume of the claw machine has exceeded 10,000. Although due to price competition, freight, anti-point commission and other factors, the net profit of a claw machine has dropped to 100 Hong Kong dollars, but even so, Midea's net profit has reached 100 Hong Kong dollars a month.

Thousands of Hong Kong dollars.

However, although the profits are high, the consumption is also high. The rent for the entire building in the New Territories alone exceeds HK$3 million. Coupled with the time it takes for dealers around the world to pay, Midea's funds are simply not enough to help Xu Zhi's other plans.

The second good thing is naturally the cash out of Wharf stocks. After Gao Yada sold off some Wharf stocks as planned, he quickly collected funds and purchased a large amount of Wharf stocks on the stock market, even if it was higher than the selling price. At the same time,

The news is released that the acquisition station is about to explode.

Both Li Jiacheng and Yihe thought it was the other party who took action, but they would not be impulsive, because fighting to the death would only benefit outsiders.

What really followed were a group of speculators and other funds who had heard that a takeover battle was about to break out.

Then Gao Yada slowly cashed out a large amount of stocks, causing the stock price to fall further. At this time, Yangtze River Industrial's securities account began to take in large amounts of shares again, acquiring a lot of shares.

"Xu Sheng, this is our last transaction record, please take a look at it." Gao Yada said to Xu Zhi with a smile in the Goldman Sachs headquarters office.

"Thank you!" Xu Zhi said politely, and then looked at all the consumption records carefully.

At the beginning, a total of HK$15 million was mortgaged, HK$75 million was borrowed, and an additional HK$8 million was deposited as a rescue fund in the event of a liquidation.

From the beginning of the purchase to the final sale, it took a total of 5 months. According to the leverage interest, it was almost 3 million Hong Kong dollars.

The cost of auxiliary operations is even more expensive. Even if it is just a simple purchase and sale of stories according to Xu Zhi's requirements, Goldman Sachs still charges a large fee.

This is actually an overbearing clause. My interest rate is low, but my handling fee is high! Do you want to buy this car or not?

Sorry, I went to the wrong set, not a 4S store.

This is actually the case with Goldman Sachs, HSBC, Standard Chartered, etc. After all, you have borrowed so much money with leverage, and if they give you normal interest, the banks will be crazy!

Of course, in order to attract customers, banks still claim low interest rates.

After all, the cost is still HK$18 million.

The income is even simpler. Of the 75 million, 15 million was purchased for Hutchison Whampoa shares, and only 60 million was purchased for Wharf. The average purchase price was HK$12 and the sale price was HK$37.

I received HK$185 million. After deducting costs, I still have HK$110 million plus 1.3 Hutchison Whampoa shares.

To sum it up: Xu Zhi invested 23 million Hong Kong dollars and made a total profit of 87 million Hong Kong dollars plus 1.3 of Hutchison Whampoa shares in 5 months.

Let’s introduce it with a simple data:

In 1977, HSBC, which monopolized Hong Kong, had annual profits of HK$600 million, and Cheung Kong Holdings, the leader of the Five Chinese Tigers, had annual profits of more than HK$50 million.

Therefore, speculation always attracts countless people. Even if they know that the probability is slim, there are still countless people who jump in.

Gao Yada smiled and said: "Xu Sheng, I don't know what to do with this money now? Is there anything else we at Goldman Sachs can do to help?"

Xu Zhi nodded and said: "I said I would exchange it for 10 million US dollars."

Gao Yada nodded and promised: "No problem, I will arrange for someone to go to HSBC Bank to exchange it immediately."

Hong Kong does not have a central bank. Most of the currency exchange business is carried out by the quasi-central bank HSBC. Although Goldman Sachs has a lot of US dollars at its headquarters, it will not undertake such transactions because they have a bunch of Hong Kong dollars and it is of no use unless they have new ones.

investment opportunities.

Xu Zhidao: "The rest of the money will be invested by you, Goldman Sachs. I want you to secretly acquire the stocks of Cheung Kong Holdings and Hutchison Whampoa Group. Compared with the last acquisition of Wharf, this one is not urgent. Just acquire it slowly."

"

Gao Yada nodded and asked: "What is our goal? Which of the two is more important?"

Xu Zhidao: "There is no absolute target value. Just keep acquiring. The more the better. Among the two, Hutchison is the main company. Cheung Kong Holdings is a new company. The shares are still concentrated in the hands of a few major shareholders. If you want to acquire too many

, almost impossible.”

Gao Yada thought for a while and then asked with a smile: "Hutchison Whampoa's market value has exceeded 1.5 billion. The money left by Xu Sheng is not much. I wonder if we need to leverage again?"

Xu Zhi shook his head and said: "No need, just make steady acquisitions this time. Last time it was speculation, this time it is investment."

Gao Yada said: "But the money is not enough. Even if the secret acquisition speed is very slow, I am afraid that the time will be used up in a few months."

Xu Zhi smiled and said, "Don't worry, high school students. If I have other money by then, I will remit it?"

Gao Yada seemed to have thought of something, his face was a little moved, and asked: "Xu Sheng doesn't seem to be investing. Could it be that he wants to swallow Hutchison?"

Xu Zhi shook his head and smiled: "Gao Sheng, you think too highly of me. Even with all my money, I can't buy the entire Hutchison 10 shares. What's more, HSBC controls Hutchison. Don't mention me, I am the Goldman Sachs behind you.

I’m afraid I don’t want to face off against HSBC in Xiangjiang.”

Gao Yada nodded and said, "I'm just wondering why Xu Sheng only focused on Hutchison, but I misunderstood."

Xu Zhidao: "Actually, the reason is very simple. Hutchison Whampoa almost went bankrupt back then because of too much debt. Now that Wei Li has come to power, he has sold a large number of his messy subsidiaries to get cash and specialize in industries he is familiar with. Moreover, since HSBC has acquired Hutchison Whampoa, it will

I won't let it go bankrupt again. Just being able to get the best interest rate loan from HSBC for a long time will make me envious of many companies.

In addition, Hutchison Whampoa has a large land bank and housing prices in Xiangjiang have risen sharply. Therefore, I think Hutchison Whampoa will definitely have a bright future in the future."

Gao Yada smiled and said: "Xu Sheng is really insightful! No problem, this matter is still handled by us at Goldman Sachs. We will definitely buy the most stocks for Xu Sheng with the least capital."

"Then I wish us happy cooperation in the future!" Xu Zhi nodded and smiled: "One more thing, I will issue a power of attorney. Goldman Sachs will open an account for me at Citibank, and the 10 million US dollars will be transferred directly after the exchange.

Go in."

Many children may not understand what investment banking is and what commercial banking is.

In 1933, the U.S. financial crisis swept the world. In order to avoid future economic chaos, the U.S. Congress separated all banks in the United States: investment banks and commercial banks.

After the introduction of this law, any bank must choose one of them and give up the other.

for example:

Morgan Bank was split into **** (commercial bank) and Morgan Stanley (investment bank).

Citibank and Bank of America became specialized commercial banks.

Salomon Brothers and Goldman Sachs became investment banks.

The act was not repealed until 1999.

Therefore, in the 1970s and 1990s, Goldman Sachs did not have a bank card business for individuals, and there was no way for money to be deposited in Goldman Sachs, unless you asked it to invest (it could only be invested, and commercial transactions in the United States cannot be done through investment bank accounts).

Gao Yada nodded and said: "Okay, I know a few business managers of money banks. I think they can take over such a large deposit."

Xu Zhi smiled and added: "I haven't been to the United States yet. If I want to find someone, do you know any professional detective agencies among high school students?"

Gao Yada was stunned for a moment and said: "I know someone in the United States. Is the person Xu Sheng is looking for an American?"

Xu Zhi shook his head and said: "No, this person is Canadian, but he is a flight attendant for an airline and often travels between the United States and Canada. I need all his information."

Gao Yada asked: "Do you know the name? Or it would be better to have a photo."

Xu Zhi shook his head and said: "There is no photo, I only know the name."

After saying that, Xu Zhi handed over a note.

Gao Yada glanced at the note and said, "What information do you want?"

Xu Zhi nodded and said: "Home address and photo will do!"

"Okay, no problem. I will contact the detective agency in the United States. I wonder when Xu Sheng will need this information?" Gao Yada agreed, without asking Xu Zhi's purpose.
Chapter completed!