Li Xu traveled to the year 1960. In this era, which he had never seen before and only heard about in books and from elders, the only thing he could do was ensure his family had enough to eat and li...
There are hundreds of banks of all sizes in Hong Kong Island. Who knows how many of them will go bankrupt due to bank runs.
Li Xu plans to select some suitable ones and acquire them to form a bank.
As for the bank's survival, Li Xu is not worried at all.
Because this bank will be the only cooperative bank for his industries.
You should know that the above-mentioned companies are only the ones he must buy. He also has his eyes on some companies that are not must-buys. He doesn’t know how many he will be able to buy in the end.
He just knew that with the company he had bought, the bank would not only survive but might even grow stronger.
There is a company called Hongkong Land, which was mentioned in the previous Wharf Holdings acquisition incident. It is affiliated to Jardine Matheson and is a real estate company that owns multiple properties in the Central business district.
It was listed by Li Xu as a company that is not a must-buy.
In order to prevent failure to buy it in the end, Li Xu decided to let Xu Xiangqian register a real estate company in the next two days.
Li Xu remembered that during the stock market crash, the land prices in Hong Kong Island fell so much that even his mother could hardly recognize them. The prices were only one tenth of what they were before.
However, as the dust settled on the Hong Kong Island issue in 1984, the Hong Kong Island government restricted land supply, and the property market not only quickly stabilized, but also continued to rise.
Of course he wouldn't miss such a good opportunity.
He plans to buy more land, some to build buildings and some to sell when the property market picks up.
It is worth mentioning that Hong Kong Electric owns a lot of land.
Seeing the company chosen by Li Xu, the chartering king gave it high praise.
Afterwards, Xu Xiangqian also selected several companies he liked.
He knew very well that Li Xu would never let him get involved in the five companies he must buy.
He needs a company that truly belongs to him.
There are many good companies to choose from. It doesn't mean that Li Xu gets to eat the meat while others can only drink the soup, so Xu Xiangqian didn't seem unhappy at all.
There is only one company that charter kings must buy from, and that is Wheelock and Company, one of the four major trading companies.
Although he had identified Willson as the next acquisition target two years ago, he had been trading stocks with Li Xu in the past two years. He had invested a lot of money in the stock market and had no spare money for acquisitions.
Now he can finally free up the funds to achieve his goal.
The three had no conflicts over the companies that must be purchased, but there were some conflicts over the companies that were not must-buy. However, to them, these were all trivial matters, and they quickly discussed a division plan.
After the serious business was finished, everyone chatted for a while, and then Li Xu and the other two said goodbye.
They came to discuss business with the charter king and did not bring their payment, so they went straight to Chow Tai Fook Gold Shop as soon as they left the house.
Years ago, Xu Xiangqian ordered several thousand kilograms of gold bars here, and now they are here to see if the goods have arrived.
Upon learning that the goods were complete, Li Xu contacted the ship charterer and asked him to send a car to take away the gold bars.
This busy work took several hours, and when we returned to the hotel, it was already dark.
Within two days, Xu Xiangqian established a real estate company.
Seeing that the matter was settled, Li Xu and others did not return to Shenzhen, but wandered around the streets.
Li Xu felt that since he was already here, it would not be nice to just go back like this. He wanted to make another move in the gold market.
The price of gold is currently falling, so he will wait until the price of gold rises before going long in a big way.
According to my memory, something will happen internationally this year, causing the price of gold to continue to rise. Although the increase is not large, it is enough for Li Xu and others to make a fortune.
After wandering around the streets for a few days, Fu Qing returned to the hotel that night and pulled Li Xu into the room alone. He said, "Old Li, can you take me to the stock exchange tomorrow?"
"Huh?" Li Xu was stunned. "Why do you suddenly want to see that place?"
"I've been hearing people talk about stock speculation these days, and I'm a little curious."
Li Xu was speechless. "If you're curious about stock trading, you don't have to go to the stock exchange. I can tell you about it right now."
Fu Qing thought for a moment and said, "I still want to go and see it for myself."
Fu Qing is not only very curious, but also has no self-control. Li Xu is very worried that he will want to try it after seeing it, and will become uncontrollable and completely trapped in it.
After a moment of silence, Li Xu said earnestly, "That's not a good place. You don't know how many people commit suicide by jumping off buildings every year because of stock speculation."
"What I'm saying is, I'm going to watch it, not to speculate. Can this be considered suicide?"
Having said that, Li Xu could only agree to take him to see it tomorrow.
Then Li Xu told him the knowledge about stock trading.
However, what Li Xu was most worried about still happened.
Seeing people trading, Fu Qing said he also wanted to try it.
He wanted to exchange the 5,000 yuan he had with him for 15,000 Hong Kong dollars from Li Xu.
Li Xu tried to persuade him for a long time but failed. He had no choice but to make three rules for him.
Li Xu gave him 50,000 Hong Kong dollars and told him to do whatever he wanted with it. If he made money, he would no longer care about his stock trading.
But if the compensation exceeds half, he will not be allowed to touch this thing again for the rest of his life.
Fu Qing agreed.
He has one advantage, which is that he keeps his promises. He will definitely do whatever he promises.
It was for this reason that Li Xu was willing to let him try.
Li Xu felt that it was a good deal to pay 50,000 Hong Kong dollars in exchange for never touching the stock market again.
From that day on, Fu Qing would bring four bodyguards to the stock exchange every morning and stay there all day long until the stock market closed.
While he was away, Li Xu and the other two stopped shopping and stayed in the hotel playing cards all day.
My dear, there is more to this chapter. Please click on the next page to continue reading. It will be even more exciting later!