Rebirth of the Strongest Tycoon

HKD 520,000!

And this is the money he can get!

In addition to the principal of 120,000, he is equivalent to earning 400,000 Hong Kong dollars!

It has to be said that the stock price of Blue Water Business is suppressed enough by the trend. If there is no market maker's manipulation, let the stock price fall freely, how can Xia Yu make so much money. This is from the decline in the stock price of several other companies in the same industry. It can be seen that Lanshui Business is too weak to be targeted by the dealer!

Of course, although Xia Yu earned 400,000 Hong Kong dollars, it does not mean that this is the money in his account. The money in his account is more than 520,000 Hong Kong dollars, but the net profit in his hands is not so much.

After all, the investment department of HSBC is not a virgin. It will help Xia Yu to operate in vain, and it has also used 5 times the leveraged capital to provide financial support for Xia Yu!

Since it is not for nothing, of course, a commission will be charged!

In addition to the HSBC investment department to receive a sum of money, the Kowloon Exchange will also receive a portion of the money.

That is 2.5% commission, 1% stock stamp duty, 0.02% investor compensation levy, 0.05% SFC transaction fee, 0.05% Kowloon Stock Exchange, 0.02% clearing company settlement fee, etc., which add up to a total of about 3.6% of the Hong Kong stock transaction fee .

As long as the stock is traded on the exchange, the money must be drawn, and no one can escape!

Therefore, running a stock exchange is also a business, and a stock exchange is equivalent to a company, which is why there are four exchanges in Hong Kong.

After all, the threshold for running an exchange is relatively low, and it is certain that you can make a steady profit without losing money. You can also get various conveniences. You can also use the stock exchange to exchange favors and interests. With so many benefits, of course, everyone wants to take part.

This is also not allowed by the Hong Kong government, otherwise there will definitely be a fifth or sixth stock exchange.

Of course, the Hong Kong government later learned that multiple stock exchanges are extremely unfavorable for the Hong Kong stock market, so it took measures to integrate the four exchanges into one.

Not much to say, Xia Yu doesn't care about these doomed things now. He has already applied for the withdrawal of all the funds after the settlement. Even if the staff of the HSBC investment department suggested that he make the settlement later, Xia Yu ignored it.

Although the stock price of Blue Water Commercial Company still has room to fall, for Xia Yu, he no longer cares about making a profit, and he has more important things to do.

After all, the stock market will be closed for two days. If the funds are not raised, Xia Yu's funds will be idle, and Xia Yu's time in the past two days is completely wasted.

More than ten days have passed, and his time is a little tight. For him, time is worth more than that little profit!

Seeing that Xia Yu firmly wanted to withdraw the funds, the staff of HSBC's investment department could only agree with some regrets, but they did not offend Xia Yu. After all, he saw Xia Yu's ability, although he suspected that there was an element of luck. , or what news he got, but it doesn't matter, he only needs to know that HSBC also took a sip of soup.

Therefore, Xia Yu successfully submitted the settlement application, and will only apply for cash withdrawal after the settlement is completed tomorrow.

It's not that Xia Yu can withdraw cash if he wants to. He has to wait until the day after day to transfer all the funds to the bank account.

This has to say the difference between Hong Kong stocks and domestic A shares in the previous life.

Hong Kong stocks are the same as U.S. stocks. Stocks can be traded through T+0 reversal transactions, which can be bought on the same day, sold on the same day, and can be bought and sold countless times on the same day.

But after the tossing, if you want to withdraw the money from the sale, you have to wait until the second working day after the trading day, which is T+2 settlement, T refers to the day of the transaction.

Before T+2, customers cannot withdraw cash, physical stocks and transfer custody of purchased stocks.

In the previous life, the A shares of the mainland were different. In 1992, the Shanghai Stock Exchange also implemented the T+0 trading rules.

In 1993, the Shenzhen Stock Exchange also cancelled the T+1 trading rules and implemented the T+0 trading rules.

But after that, the stock market went crazy. Considering risk control, it had to change back to the T+1 settlement system in 1995, and the transaction was also T+1, that is, buying on the same day can only be sold on the next day, not the same as Hong Kong stocks. The system of buying on the same day and selling on the same day, the T+1 system has not changed until 2017.

The mature stock markets are all T+0 transactions. From this point, it can also be seen that the stock market system in the mainland was not particularly mature in the previous life, and the state control was still very strict.

In addition, the difference between Hong Kong stocks and A-shares in later generations is that there is no daily price limit system.

The trading rules of these Hong Kong stocks are very unfavorable for retail investors, and they are especially vulnerable to stock market fluctuations. There is no buffer time for losses, and they can only watch.

But for a capable person like Xia Yu, this is a big opportunity.

Although in this way, the stock market is more volatile and riskier, and it is prone to skyrocketing and falling, but the profits are also more lucrative.

For those in the financial industry, it is normal to take risks, and it is totally worth it for higher profits.

There is no shortage of gamblers in this world!

This loose system, which is the same as in Europe and the United States, is also an important part of the reason why Hong Kong became a financial center later.

After finishing his work, Xia Yu returned home and began to think about tomorrow's affairs.

Looking at the written manuscript of "Looking for Qin Ji" again, Xia Yu smiled and muttered: "It's coming soon, it will be published soon! Tomorrow, we must hurry up to find a target and buy the newspaper!"

That's right, Xia Yu is planning to start a newspaper!

Although it seems that it is faster to make money in the stock market, from 120,000 to 520,000 in one day, it is not the norm, it is just lucky to encounter such an opportunity, it is purely an accident.

According to normal circumstances, it will take a long time for retail investors to invest in stocks and the funds to become 520,000. Even if Xia Yu comes to operate, it will take at least ten days and a half months.

What's more, for Xia Yu, he can make money in the stock market later. He urgently needs to publish the novel according to the plan and create a career of his own to convince his parents to allow him to drop out of school.

If Xia Yu only had funds, it would be hard to say the source in the first place. Secondly, even if he made millions in the stock market, he would be very panicked if his parents knew about it, and there is no guarantee that he would not want to confiscate it. After all, he is only 16 years old now!

That's why Xia Yu wanted to start a newspaper, publish his novels, and convince them in a way that would be more acceptable to parents.

Since he wanted to run a newspaper, Xia Yu had already thought about it.

For Xia Yu, rebuilding a new newspaper is not only time-consuming, but he has no connections, so he can't start a newspaper in a short period of time, and what he lacks the most right now is time!

What should I do if I am short of time? It doesn't matter, as long as you have the money!

Money is not everything, but as long as there is money, most things in the world can be done, and the acquisition of companies is just within the scope of what money can do.

As for Xia Yu, if he wants to acquire a small newspaper, the funds of HK$520,000 are more than enough!

Acquisitions and mergers and acquisitions of companies are the help of a company's rapid growth. Do you not see Cisco, which has been on the throne of the world's first company in future generations, its history is a history of mergers and acquisitions.

To this end, Cisco has also won a reputation - the engine of mergers and acquisitions!

Under the leadership of M\u0026A madman Chambers, Cisco has acquired more than 90 companies in just ten years.

This is the charm of mergers and acquisitions!

Of course, all of this is inseparable from one thing, and that is money!

Xia Yu is confident that his ability is no worse than Chambers, the M\u0026A maniac. As long as he has enough money, he can also stage a scene of snake swallowing elephants and bring the company to the world's first. This is the confidence brought to him by the memories of many industry leaders.

It is a pity that all his assets now add up to only 520,000 Hong Kong dollars. It is still too early to frantically acquire other people's companies.

So come down to earth first, don't think about reaching the sky in one step!

"But it doesn't matter, everything starts with the acquisition of the first newspaper!" Xia Yu murmured, his eyes twinkling.