1982 Started from Hong Kong

Chapter 390 Stock Market Harvest
Saturday holiday.

Regarding the market suspension incident, various departments of the Hong Kong government held hearings and press conferences, making it very lively.

Zhai Yuan watched the show with the mentality of watching a play.

First, members of the Legislative Council criticized the Hong Kong Stock Exchange for suspending trading without authorization and disrupting the stock market, and pointed the finger at a group of management including Li Fook-shiu.

Concluding remarks in the news:

"In addition to the Legislative Council members expressing their views, we also saw that young candidates for the Legislative Council were very concerned about this matter. The two young talents, Yeung Sum and Szeto Ming-chu, represented the Democratic Party candidates and publicly criticized Li Fook-shiu and his subordinates, demanding that he resign immediately as chairman of the Stock Exchange. This received support from a large number of shareholders..."

Immediately, Liu Qiuhua, deputy director of the Financial Services Department, stood up and supported the Hong Kong Stock Exchange in front of the camera.

"I believe the main reason for the sharp drop in the stock price of American Securities is the introduction of a computer selling system. The computer sells tens of thousands of orders in one second, but it is ultimately not as good as human brain review and verification. The exchange also informed us in advance of the decision to suspend trading. This is purely a decision made by the exchange itself. According to our understanding, the main reason is that the trading volume in the past few months was too large, so the suspension of trading was only to complete these transactions..."

The Financial Services Department and the Legislative Council play the good cop and the bad cop respectively.

Internal news came out that day that the Hong Kong government decided to reorganize the exchange.

The first to be sacrificed was the Futures Exchange, with Chairman Cham Yousen and Vice Chairman Li Fook-shao resigning.

When it was the United Exchange's turn, the tug-of-war lasted a whole day without any result.

The outside world has no idea what happened during this day.

From the rumors in the business community, Zhai Yuan learned that Chinese tycoons led by Li Ka-shing had jointly written a letter to ensure that Li Fook-sz continued to stay in the Hong Kong Stock Exchange.

Sunday.

The latest news.

First, Hong Kong Governor Sir David Davis invited financial expert Sir Davidson from London to study the reform of Hong Kong's securities industry.

Subsequently, Hang Seng Bank Chairman Lee Quo-wai was appointed by the Hong Kong government as the new chairman of the Stock Exchange.

In the end, Li Fook-sz remained in the Hong Kong Stock Exchange, but his position changed. The word "deputy" was added in front of the original title of chairman.

The dust has settled.

There is no time to delve into the undercurrents involved.

Because after tonight, the Hong Kong Stock Exchange, which has been closed for four days and holiday for two days, will finally reopen.

…………

on Monday!

Zhai Yuan got up very early.

Turn on the TV.

Not surprisingly, the morning news financial channel was reporting the opening news that affected thousands of stock investors.

In the TV screen.

The reporter who was broadcasting live from the entrance of the Stock Exchange was connected to the host in the studio.

"Hello, host. I am now standing at the junction of Pedder Street and Queen's Road Central in Central. I would like to introduce to you the situation of the stock and futures market reopening. There are only two minutes left before the market reopens. You can see that there are long queues of stockholders along the entire street..."

11 o'clock noon.

The two large locks on the glass door of the Stock Exchange were opened by staff.

Investors filed in.

Selling orders and liquidation emerged like an overwhelming force.

TVB reporters, holding microphones with the tricolor logo, went among the stock investors to interview them.

"Hello sir, how much loss have you suffered today?"

"It's almost half a floor. If we continue like this, even bankruptcy won't solve the problem."

"Miss, do you think the Hong Kong government's rescue measures are helpful?"

"If the market keeps falling like this, no experts will come to help! I have a futures contract worth 15,000 yuan, and if it drops by several hundred points, I won't be able to close my position."

"Uncle, did you suffer any loss today?"

"It doesn't matter. I'm a long-term investor. I don't have to worry about buying blue-chip stocks. The biggest fear when investing in stocks is that the company goes bankrupt, but blue-chip stocks won't..."

After a round of interviews, there were only one or two optimistic investors at most.

The other stockholders at the exchange all looked depressed, and the elderly uncles and aunts were rubbing their chests and applying cooling oil on their foreheads.

The situation can be described as tragic. …

There was no need for Zhai Yuan to inquire about the news, as the stock brokers at the exchange would report the data as soon as possible.

From the opening of the market to the closing time, calls came one after another, and Manager Zhong communicated and asked questions in real time.

Zhai Yuan never made any move.

Wait until the afternoon market closes.

The Hang Seng Index fell throughout the day, reaching 1120.7 points.

A drop of more than 30%.

This set a new record for the world's largest single-day drop in history.

"Mr. Zhai, excluding the interest we paid on borrowing the stocks from the securities company, if there is no big fluctuation tomorrow, you can make about 800 million from this deal."

Manager Zhong spoke carefully on the phone, fearing that he might offend this rising star in the stock market.

"It's almost done. If we delay any further, I don't know what the situation will become."

Zhai Yuan held the receiver and ordered: "Pick a low point tomorrow and help me buy a round of goods, so that I can stop selling them early and put the money in my pocket."

"I understand! I understand!"

It is worth mentioning that Zhai Yuan’s short selling operation this time was not to short the Hang Seng Index alone, but to focus on a basket of stocks of small and medium-sized enterprises.

Otherwise, based on today's 30% drop, the profit would definitely not reach 8 million.

"It took about a month, and the actual operation only took three to five days, but the money I made was as much as that of Jiuyi Entertainment and Jiahe combined."

Zhai Yuan hung up the phone, leaned back on the sofa, and felt a sense of emptiness.

Dull.

What is the purpose of life? What is the meaning of life? Does the universe have an end?

At this time, Xu Qi called.

"Mr. Zhai, the crew of A Chinese Ghost Story is almost ready, and we are just waiting for you to finish the script. We can start filming at any time. Also, you asked me to contact last year's beauty pageant winner, the pretty girl named Li Zhi, to play the second female lead. I have found her for you. She is now at the company. I wonder if you have time to meet her..."

Sharp branch?

Boss Zhai felt a sense of emptiness in his heart and seemed to have found the answers to the first two questions.

…………

After deciding on the male and female protagonists of "A Chinese Ghost Story", Zhai Yuan sorted out the relationships between the characters in the movie and basically retained the cast from the original film.

Among all the characters with names and surnames, only the second female lead, the maid Xiaoqing, left little impression on me.

After all, whether it is Li Jiaxin in the second part or Li Zhi in the third part, their recognition is far higher than the maid role in the first part.

Zhai Yuan couldn't even remember what she looked like.

We can’t let the company’s actors such as Chung Chu-hung, Lan Ju-ying and Rosamund Kwan play supporting roles for newcomer Joey Wong.

So he simply asked Shi Nansheng to pay attention to Li Zhi and transplant the actors from the third part, so that the two new stars in the film industry could cooperate in advance.

It makes sense!

It was definitely not because Zhai Yuan was admiring the Miss Asia beauty pageant in his spare time and accidentally discovered that Li Zhi had already made her debut, so he thought of pulling her into the company.

Absolutely not!
Arrived at the company around five in the afternoon.

As soon as I got off the car.

I just happened to see Xu Qi escorting Lizhi out of the building.

Also beside him was Jet Li, who looked very attentive.

In front of Li Zhi, Jet Li talked a lot in front of Xu Ke: "Director, I think my performance in the first episode of "Once Upon a Time in China" was not perfect. If I polish it a little bit, I should be able to surpass Chen Shilong in action."

"Young Zhang Sanfeng is actually pretty good, with good box office results and good reputation, but I think it lacks depth. I got angry with the director on the set and asked him if he couldn't learn from Xu Ke?"

"The company has given me a bunch of scripts to choose from, but they are all boring. I plan to shoot a movie myself in the near future. What do you think, Old Xu?"

It's just like a little virgin who breathes loudly in front of the goddess to attract attention.

Zhai Yuan couldn't help laughing when he saw this scene.

Brother Jack, go back to Gotham, Batman said he won’t beat you anymore!
(End of this chapter)