Chapter 575 Big Money



The next morning, Xu Xiangqian brought Li Xu to Qian Jin's office to sign a contract with the supply and marketing cooperative.

After signing, Qian Jin took out another stack of documents and handed them to Xu Xiangqian, saying with a smile, "Mr. Xu, these are the procedures for the fan factory. Please take a look."

Xu Xiangqian took it and looked at it. Seeing that the owner of the fan factory was Li Xu, he couldn't help but show a satisfied look, "Director Qian, with a leader like you, I believe this place will definitely develop better and better."

"Mr. Xu, this city can do without me, but it cannot do without entrepreneurs like you. You are the cornerstone of this city's development."

Li Xu listened to the business exchanging between the two sides and silently picked up the teacup and took a sip of tea.

In the next few days, Li Xu and his companions would go to the construction site to inspect every morning, and then wander around the city.

In the blink of an eye, it was mid-October.

This morning.

Li Xu, Li Chen and Xu Xiangqian set off for Hong Kong again.

Sitting in the car, Li Chen either raised his left hand to check the time or looked out the window, his legs constantly moving up and down, looking very uneasy.

Seeing him like this, Li Xu patted his leg unhappily and whispered, "Move more naturally."

"I also want to be natural, but my body won't listen to me." Li Chen replied with a bitter face.

Li Xu glared and said, "I'll give you half an hour. If you still can't control it, get off the bus and go back."

Xu Xiangqian, who was standing by, whispered, "Third cousin, you're easily attracting attention. Don't forget the purpose of our trip to Hong Kong."

Li Chen nodded, took a deep breath, closed his eyes and tried to calm down and control his movements.

Xu Xiangqian then changed the subject, "Second cousin, you two have to apply for a travel permit every time you go to Hong Kong. That's too much trouble. Why don't you three just transfer your household registration to Hong Kong?"

Nowadays, there is no limit on the number of times Hong Kong residents can travel to the Mainland with their passes. From the moment the pass is issued, they can travel back and forth freely within three years.

The passes used by mainlanders to travel to Hong Kong are different. They are one-time use and can only support one round trip.

It would be too troublesome to travel to Hong Kong frequently.

For example, the passes that Li Xu and Li Chen are using now were obtained by Xu Xiangqian yesterday when he went to find Qian Jin. For this purpose, he also promised to come back from Hong Kong to invest in building a shoe factory.

One-time travel permit for mainland China to Hong Kong

From the 25th of last month when Cheung Kong Holdings launched its acquisition of Hutchison Whampoa to today, nearly twenty days have passed. Li Xu estimated that even if Cheung Kong Holdings' share price has not reached its peak, it should be close to it. This is a good time to sell Cheung Kong Holdings' shares.

It is certainly difficult for ordinary people to transfer their household registration to Hong Kong, but it is very easy for rich people.

Although Xu Xiangqian still doesn't know how much he and his friends have earned from Cheung Kong Holdings, he is certain that the money they have earned will definitely allow Hong Kong to give the green light for the Li Xu brothers and their two brothers to transfer their household registration.

Li Xu smiled and said, "There's no need to transfer your household registration. I'm quite satisfied with my own."

"Satisfied?" Xu Xiangqian was stunned.

"right."

Li Xu had no intention of explaining. He responded and changed the subject directly, "Cousin, if you have anything you want to buy in Hong Kong this time, buy it quickly. The next time we go to Hong Kong will have to wait until next year."

Xu Xiangqian thought for a moment and said, "I don't have much to buy. I'll just buy two sets of clothes for my family."

Upon hearing this, Li Xu laughed and said, "We really think alike. We also want to buy clothes."

"Why don't you just say we are cousins?" Xu Xiangqian joked.

The two chatted from Shenzhen to Guangzhou, and from Guangzhou to Hong Kong.

When the three arrived at the Kowloon Stock Exchange, the Hong Kong stock market had not yet closed. When Xu Xiangqian saw the current price of Cheung Kong's stock, he was shocked and it took him a long time to come back to his senses.

After learning that the share price of Cheung Kong Holdings had not changed much in the past two days, he sold the stocks in his account without saying a word.

Cheung Kong shares are very popular now. As long as someone is willing to sell, someone will take over soon.

However, there were quite a lot of stocks in Xu Xiangqian's account, and he didn't finish trading them until the market was almost closed.

When Xu Xiangqian bought Cheung Kong shares, its market value was only 600 million.

If Cheung Kong Holdings, with a market capitalization of HK$600 million, swallows up Hutchison Whampoa, with a market capitalization of over HK$6 billion, one can imagine how high the stock price will soar.

So the 3.65 million yuan originally invested in buying stocks has become more than 32 million yuan today.

Of course, commissions, stock stamp duties, exchanges, etc., totaling about 3.6% of transaction fees, must be deducted here.

After deducting the original capital of 730,000, the actual amount earned this time is 30.94 million.

Among them, Li Xu owned 80%, which was almost 24.75 million.

This amount of money is unrivaled in today's mainland, and even in Hong Kong, it is enough to be called a wealthy man.

Li Xu, who had always been calm, now found it difficult to remain calm.

His hands were shaking slightly, his cheeks looked dark red, and he was breathing heavily.

The other two were even worse off and almost collapsed on their chairs.

Seeing this, Li Xu hurriedly pulled them out.

He was afraid that if he didn't leave now, he would not be able to leave.

After leaving the exchange, Li Xu pulled them for a distance. Seeing that they were still immersed in joy, he slapped each of them twice.

Now the two of them were sober.

The money withdrawn from the stock market was all in the bank account, so the three of them went straight to HSBC.

Xu Xiangqian took out 100,000 yuan, and then led Li Xu and the other two to find a high-end hotel to stay in.

This chapter is not over yet, please click on the next page to continue reading!

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