Hong Kong movies: Kill the boss at the beginning and take the position for yourself!

“Okay, Mr. Long!” Zhang Linwei then introduced them.

Is HSBC's internal service for its top-tier individual clients only just beginning?

Other major global banks are still in the early stages of providing services to their top-tier clients. HSBC started exploring this so early mainly because its headquarters are in London, giving it easy access to international market information.

Zhang Linwei, a top student in the Department of Finance at the University of Hong Kong, is qualified to enter such a department precisely because of this.

The Dragon Ancestor wanted to test the telepathy system that the system had given him.

The ability to sense thoughts allows one to know what the other is thinking, so the Dragon Ancestor activated this cheat with his mind, and soon, he knew everything clearly.

Wow, what a handsome customer! We must provide excellent service.

"He's so handsome! He has 50 million in savings. Is he some rich young master?"

"He's so handsome, I wish I could be his girlfriend!!!"

With both telepathy and superb flirting skills, Long Zu easily made Zhang Linwei blush and laugh uncontrollably, looking incredibly cute.

The Dragon Ancestor said she looked very cute and that he would definitely come often in the future.

Zhang Linwei was so shy that he didn't know how to answer.

After joking around with her for a while, the Dragon Ancestor started talking about serious matters.

"You're my bank's account manager. I want to invest in stocks and need to get financing from your bank. Do you have the authority to do so?" Long Zu asked directly.

Actually, that was his real purpose for coming to HSBC today; meeting this young and sexy account manager was a pleasant surprise.

"Mr. Long, are you involved in the financial securities business?" Zhang Linwei asked, suppressing her shyness, as they got down to business.

The Dragon Ancestor nodded.

"Mr. Long, I still need to coordinate with the securities department on this matter. I'll have someone from there come over right away. What do you think?"

"Yes, that's fine," the Dragon Ancestor nodded.

Zhang Linwei was only responsible for assisting Long Zu in making various service requests to HSBC. Her task was to coordinate, that is, to communicate information up and down the chain of command. Specific business personnel would discuss the details with Long Zu, such as one of the deputy managers of HSBC's securities department.

The white man in front of him, named William, was all smiles.

(bfch) White people?

The Dragon Ancestor's face immediately showed a look of disdain.

"I need the maximum financing limit from you. You're only offering me a paltry three times leverage; I demand it be increased to the maximum of ten times."

The Dragon Ancestor spoke directly.

Upon hearing this, William's expression changed slightly, and he then said:

“Mr. Long, a 10x risk is too high. We should proceed gradually…”

"No, if you can't give it to me, I'll go to another bank. I think Standard Chartered will definitely meet my needs!"

Knowing the other party's bottom line through telepathy, Wang Yao disregarded martial ethics and directly pulled out a deadly weapon.

As expected, William immediately changed his tune after hearing what the Dragon Ancestor said.

"Alright, Mr. Long. We'll try our best to meet your requests."

The real purpose of Long Zu's visit today is to secure the highest leverage allocation from HSBC.

After negotiating with William, Dragon Ancestor easily obtained the highest level of authority, which amounted to HK$10 billion.

With a capital of up to one billion, he can use 10 times leverage, meaning he can use up to one billion Hong Kong dollars, provided that he has one hundred million Hong Kong dollars as a margin.

For any further multiplier, the Dragon Ancestor would need more funds or assets as collateral to potentially obtain the money.

Chapter 650 How much have we acquired?

After agreeing on the terms, the Dragon Ancestor needed to sign some documents. Once everything was settled, he obtained the authority.

From then on, he could use his account at HSBC Securities to make transactions, even just by making a phone call.

“I want to buy HK$100 million worth of HKD Electric stock!” Wang Yao said directly.

"Buy HK$1 million worth of shares in Hong Kong Electric?" "Are you sure?" William asked in great surprise upon hearing Wang Yao's words.

“That’s right, just do it this way,” the Dragon Ancestor said directly.

"Hmm, Mr. Long, let me take a look," William said after glancing at the documents his subordinate handed him.

"Mr. Lung, if you buy HK Electric shares at HK$5.50 each, you can get 55 million shares with 100 million HKD worth of stock."

"Is that not allowed? This is my account. As long as my funds meet the regulations, I am free to buy whatever stocks I want!" Long Zu said directly.

"Of course, Mr. Long, please don't misunderstand, please don't misunderstand me!!" William said hurriedly.

After the market opened in the afternoon, HSBC's investment department placed a long order of HK$1 million for Hong Kong Electric Company.

Hong Kong Electric Company is one of the world’s oldest electricity providers.

Hong Kong Island has over one million electricity users, all of whom are supplied by Hong Kong Electricity Company.

The annual electricity bills alone can make the broadcasting company a fortune.

On July 25, 1980, the share price of Hong Kong Electric suddenly rose to its lowest price of the day.

Compared to the previous trading day, it is more than one dollar higher than the day's highest price.

However, the price reached HK$6.80, and the company subsequently announced that it had purchased 28,000 shares of HK Electric stock on behalf of its clients that day.

This client is Hongkong Land Limited.

Hongkong Land acquired nearly 38% of the Hong Kong dollar shares at a 45% premium, becoming its largest shareholder.

The chairman of this company is now held by Hongkong Land.

Hongkong Land is the most powerful subsidiary of the Yihwa Group, the leading conglomerate in Hong Kong Island, meaning that the company is currently controlled by the Yihwa Group.

However, whether it was the Yihe Consortium or any other group, all listed companies in Hong Kong Island suffered severe losses in the stock market crash two years ago.

港灯公司的股票也从81年的年终的8块8跌到了现在的4块6到5块8之间，哪怕每股单价只剩三块，港灯公司总市值依然在30亿港币左右。

The HK$100 million purchase by Longzu did not even reach the 6% threshold required by the Hong Kong Securities and Futures Commission to disclose shareholding.

· ·····Request flowers·· ·······

When the stock market was weak, Lung Cho had already become one of the small and medium-sized shareholders of HK Electric, holding more than 2800 shares of HK Electric worth HK$120 million.

Because of its large-scale purchase of Gangcheng Company's stock, the price also rose to 5.6 yuan.

There's nothing that can be done about it; buying in large quantities will definitely cause the stock to rise a little.

0 ......... 0

Just after HSBC's investment arm placed an order for HK$1 million from Hong Kong Electric, a man in a company on Central's Finance Street looked surprised.

He stood up, left his office, and walked towards his boss's office.

"Boss, you just told us this morning to focus on HK Electric's acquisition of their shares, but I just discovered that besides us, someone else is also making a similar acquisition offer, which is already listed for 100 million."

This person reported to the company boss.

Upon hearing his subordinate's report, Li Jiacheng, who was slightly balding and wore glasses, frowned, his gaze sharpening, and then said:

"Hmm, could the news have been leaked beforehand? No way."

Thinking of this, Li Jiacheng took a sip of tea, then asked his subordinates:

"Ah Long, how much have we acquired?" Shi asked.

Chapter 651 Li Jiacheng is getting anxious!

“Mr. Li, we only have 2,000 million shares on hand right now,” Ah Long reported.

Upon hearing Ah Long's report, Li Jiacheng frowned.

Then I drank Qimen black tea, searching my mind.

HK Electric's total share capital is 7 million shares, and 2,000 million shares is only a very small number, far from his target.

Even leverage of 10 times is not safe.

“Mr. Li, I know that this number of ‘090’ is 200 million shares short of what we have, but I have also noticed that there are suddenly more shares on the market. The turnover rate of the shares purchased by Hong Kong Stock Exchange is very low,” Ah Long continued to report.

He has always kept a record of this data.

"Ah Long, can you find out who posted the payment?" Li Jiacheng asked directly.

"It can be found that it was posted by the securities department of HSBC. HSBC wouldn't do that, would they?" Li Jiacheng asked in surprise.

"Mr. Li, that's HSBC!"

At this moment, Zhou Wenqing, a finance manager from Cheung Kong Holdings who was sitting next to him, suddenly spoke up.

“Mr. Li, you have a very good relationship with Mr. Sim Bi, perhaps you could ask him?”

“No, no, this is not appropriate!” Li Jiacheng immediately said.

He knew Zhou Wenqing was right; he did indeed have a very good personal relationship with HSBC CEO Sir Michael Sandberg, and both Cheung Kong Holdings and Hutchison Whampoa had good cooperative relationships with HSBC.

If Li Ka-shing really needed it, he could certainly get the personal information of the buyer of these HK Electric shares from Sir Michael Sandberg.

There's no need to use your personal connections for such a small matter. It's not wrong to owe favors, but you should choose the most appropriate time.

For example, the acquisition of Hutchison Whampoa by Cheung Kong Holdings three years ago was a worthwhile investment, no matter how many favors were owed. But for something as trivial as today, there's absolutely no need for such a thing. After all, favors owed must be repaid!