Chapter 105 The Wharf Acquisition Event
This time, Zhao Chen took away most of the profits of Tianxia Society during this period. In just two or three months, Zhao Chen made a considerable profit.
A small part of them are employees, cartoonists and ordinary expenses, and the remaining ones are close to 20 million in Hong Kong dollars. In addition, Zhao Chen’s original wealth has a total amount of more than 20 million Hong Kong dollars. Perhaps this money is nothing compared to those of the upper class, but it is much better than most ordinary people. These are what he did from scratch, and it took less than a year.
The reason why Zhao Chen returned to Xiangjiang was in addition to some things in various aspects, that was to use two incidents to increase his funds a lot, and one of them was the acquisition of Hutchison Whampoa.
In the early 1970s, Hutchison Whampoa was a new stock issued by Jardinet Group to cope with multiple large-scale acquisitions and development plans. The result was that the shares held by major shareholder Land and the stock price of Hutchison Whampoa was extremely low. In the early 1970s, Land and Land owned only about 10% of Hutchison Whampoa's shares, while Hutchison Whampoa's stock price also hovered between HK$12 and HK$13.
The Hutchison Whampoa issued less than 100 million shares, which means that its total market value is only about HK$1.3 billion. However, Hutchison Whampoa is in the most prosperous prime location in Kowloon. According to the hammer price of the official auction in the same area two years ago at HK$6,000-7,000 per square foot, the actual value of Hutchison Whampoa stocks should be HK$50 per share. If the former site of Hutchison Whampoa was developed reasonably, the value would be even more substantial. Therefore, the market value of Hutchison Whampoa stocks was much lower than their actual value, which could be said to be a big piece of fat. Therefore, Li Chaoren at that time approved that it would be cost-effective even if he bought Hutchison Whampoa stocks at a price of 5 times higher than the current price. By September 1978, Li Chaoren had already mastered 18% of Hutchison Whampoa's stocks, which was almost equivalent to the amount of stocks in Jardine.
Later, the Jardines Group turned to HSBC Bank, which made HSBC intervene. Because she did not want to offend HSBC Bank and lacked funds, Li Chaoren had to take the initiative to sell Hutchison Whampoa to ship king Bao Yugang.
Subsequently, Land Land Group and Bao Yugang launched a acquisition war, causing the Hutchison Whampoa stocks to get higher and higher. By the time Zhao Chen returned to Xiangjiang, the value of each Hutchison Whampoa stock was close to HK$70.
The reason why Zhao Chen wanted to intervene in the acquisition of Hutchison Whampoa was mainly because he had read related reports in his previous life. Because he had the ability to remember everything he saw at that time, he could remember everything he saw at that time and be invincible. If he was lucky, he might be able to get to know two rich men, Bao Yugang and Li Chaoren.
Of course, Li Chaoren is far inferior to the ship king Bao Yugang at this time, but Li Chaoren's future is bright and bright, and he is the richest man in Asia for many years in the future. He can often squeeze into the top ten Forbes. If two such characters can meet, it will undoubtedly be of considerable benefit to Zhao Chen's development.
After returning to Xiangjiang, Zhao Chen did not immediately acquire Hutchison Whampoa stocks, but began to collect all the funds earned by Tianxia Comics Company during this period, making the total funds exceed 30 million Hong Kong dollars. With some miscellaneous returns, Zhao Chen's funds reached 40 million Hong Kong dollars.
Not only that, Zhao Chen also mortgaged the World Comics Company and Publishing House at HSBC Bank and borrowed 10 million Hong Kong dollars from it. In this way, the funds he could use reached 50 million.
After doing this, Zhao Chen came to Central. Even though Central is also very complex now, Zhao Chen has seen the prosperous scenes of later generations after all, so he looked around at the surrounding environment without any surprise.
This place is worthy of being the most complex place in Xiangjiang. It is surrounded by dense high-rise buildings. Looking back, Zhao Chen feels like flowers are gradually fascinating. Fortunately, the taxi driver knows the road and takes Zhao Chen directly to the stock market.
However, when Zhao Chen was about to enter the stock market, he was stopped by a young man who was a little turbulent.
"Go away, children are not allowed to enter!"
"My friend, everything is easy to discuss! My father is inside." Zhao Chen said in his heart that he was here. He made some preparations before coming because minors could not open an account in the stock market at all. However, he still had a way, and stuffed a hundred-dollar Hong Kong dollars into the young man's hand in an extremely hidden way.
The young man was stunned for a moment, then smiled on his face, looked around, and then put the Hong Kong dollar on his body after seeing no one.
"Since your father is in there, it's understandable, but don't stay for too long, so as not to be a human being!"
"Thank you!" After Zhao Chen thanked him, he finally breathed a sigh of relief and entered the stock market.
As soon as he stepped in, he felt comfortable all over. The air conditioner was obviously turned on in the stock market, otherwise the temperature would not be so different from that outside.
Zhao Chen was walking around while looking at the stock market. When he found the place to open an account, he hurriedly walked over there.
"Hello, my mother asked me to come here to open an account. Please trouble you!" Zhao Chen took out his mother's ID card from his pocket and handed it to the staff in front of him.
"Wait a minute!" The staff looked at Zhao Chen in confusion, always feeling familiar, but they just couldn't remember it, so they had to take the ID card quickly and enter the information on the ID card.
Then, under the guidance of the staff, Zhao Chen found a trader in the stock market.
Traders are people who trade stocks for others, such as those in securities companies who are responsible for buying and selling stocks. Traders mainly serve big investors or investment institutions. They are often traders and have a good grasp of the market. They can master the timing of opening and closing positions according to customer requirements, be proficient in the skills of establishing and selling chips, and use their capital advantages to control the development of the market to a certain extent. They can discover every subtle change in the market, thereby reducing the occurrence of risks. Of course, Zhao Chen doesn't care about these, because what he wants to make the traders do is just to acquire Hutchison Whampoa stocks with all their might.
The trader looked at Zhao Chen in front of him strangely, and also felt that the boy in front of him was a little familiar.
"Hello, I'm Zhao Chen!"
"Ah, you are Zhao Chen!" The trader's face was full of surprise. He naturally knew who Zhao Chen was. He quickly stretched out his right hand to shake hands with Zhao Chen. This is a legendary celebrity in Xiangjiang!
"I wonder if Master Zhao is asking me for something?"
"It's very simple, help me acquire Hutchison Whampoa stock!"
"Water of Warehouse stocks will naturally help you acquire, but I wonder how much Master Zhao wants to acquire?"
"There are 50 million Hong Kong dollars here. Just help me buy all the money from Hutchison Whampoa stocks! If you do well, I will pay more commissions."
Zhao Chen took out a bunch of checks from his body, and the trader in front of him was stunned for a moment with a clear number. He heard it right, 50 million, this is too exaggerated. Could it be that the boy in front of him earned 50 million in less than a year? This is also hard to believe.
But the trader looked at the checks carefully, and finally swallowed his saliva and agreed. The two began to handle the normal procedures and finally signed the Daming on the contract. In this way, Zhao Chen could also hand over the checks to the trader with peace of mind. Even if the trader fled with the money, as long as the contract is present, the stock market will compensate the corresponding amount.
It is June, and the price of Hutchison Whampoa reached HK$72 at this time. Due to the competition between Land and Pao Yugang, Hutchison Whampoa's stock price is still rising rapidly. What Zhao Chen asked the traders to do was to spend 50 million at the fastest speed.
Zhao Chen seems to have a lot of funds, but he can't even buy 1% based on the stock price of Hutchison Whampoa. From this we can see that the funds owned by the rich are not of the same level at all.
After doing this, Zhao Chen immediately returned to Tianxia Comics Company and started to work. Anyway, the company was managed by Shangguan Xiaobao, so he didn't have to worry about anything at all. He just needed to include the identity of a cartoonist, a standard hand-off manager.
"Zhao Chen, there is a young man named Pan Disheng looking for you!"
While Zhao Chen was working hard, Shangguan Xiaobao entered the office and said something that surprised Zhao Chen.
"Pan Disheng, okay, I understand. Please let him wait in the living room first, remember to be polite!"
Zhao Chen quickly restrained the expression on his face, but he was a little excited, and he understood Pan Di's intention to come here.
Chapter completed!