We are all reborn, who wants to be the richest man?
Chapter 763 Some are happy and some are sad
No one thinks that the news in the Southeast Daily is fake. How did the Southeast Daily become the largest newspaper in Southeast Asia over the years? It even has offices and distribution in Europe, America and the Southern Hemisphere.
Two words: rigorous.
It is the rigorous attitude and authenticity of news reporting that makes the Southeast Daily one of the must-read newspapers for the middle class and wealthy in Southeast Asia.
The middle class needs to find useful information from the Southeast Daily to preserve the value of their assets while seeing if there is any chance to make a big leap forward.
And the tycoons want to find out where the next track to invest is.
It has become a habit for Orientals to read Southeast Daily, while Westerners want to use it to get a more detailed understanding of the investment environment in Asia.
Those who understand will know that the Southeast Daily and the Far East Laboratory are related, and this news cannot be false.
Through this news, some people have different opinions. For example, Gary Kenin sold 100 million shares of Far East Chip.
Even after the stock split, this share still accounted for 1%, with more than US$ billion in funds returned.
As Gary Kenin expected, Far East Chip fell as soon as it opened, and many retail investors and some short-term investment institutions sold their shares.
By the midday break, Far East Chip's decline had exceeded 4%, evaporating about $ billion.
In an office in Building 3 of Exchange Square, Gary Kenin, who had cashed out, was proud.
Because I sold part of the stocks as soon as possible, which is a manifestation of my ability.
As for the low price, I am not responsible for that, because everyone was caught off guard by this accident.
Being able to stop the loss in time is a credit.
"It seems that it is not as difficult as my father said. Am I not doing very well in this position? Soeasy.
Could it be that I am a financial genius, but I just never discovered it in the past?
We should really let the professors from Cambridge come and take a look. What if you are not good at academic subjects? What if you are not good at theoretical subjects? Practical experience is the key."
Gary Kenin still dreams of returning to London, taking control of a bigger business, and becoming a world-famous bachelor.
But as soon as the Hong Kong stock market opened in the afternoon, Gary Kenning felt like the sky was falling.
Everything was originally going according to his script, but after Far East Chip fell by more than 5%, the situation was different from what he expected.
Because the stock price began to fluctuate up and down, the downward trend stopped.
The stock trading volume of Far East Chip is still very active, which means someone is acquiring it.
"What happened?"
No one answered him, and misfortune seemed to be looming over him.
When the Hong Kong Stock Exchange closed, Far East Chip's share price actually rose, and even saw a slight increase in a single day.
Let’s go back three hours, to the Goldman Sachs Asia headquarters not far from Gary Kenning.
"President, I found that someone is buying Far East Chip's stocks. Although they are very low-key, the funds are huge. They will accept any comers at the current price."
Eldoda sighed. He had originally wanted to buy at the bottom, but now it seemed that it was impossible to find the bottom.
“I was overthinking it. With the Luo family being such a giant in Hong Kong, how could they just leave Far East Chip alone?
Besides, other people on Wall Street are not fools. How could they not guess what we can see?"
Kang Pike comforted him, "Don't blame yourself, at least someone is selling it now, that's enough."
What Compak said is correct, because Far East Chip's stock is the ballast stone and is deeply loved by funds because it is stable.
If you have stocks in your hands, you have the bargaining chips to trade with these big customers.
If it weren't for this opportunity, it would be a dream to get so many Far East Chip shares at one time.
There's no way, this stock is as steady as an old dog.
"Let's get in too. The highest premium is 3% over the pre-opening price. We'll take as much as we can."
Du Huilian was the first to know the fate of Goldman Sachs at the Far Eastern Bank in Building No. 1.
"Boss, a large amount of funds is coming in, it should be from Goldman Sachs."
Du Huilian raised the corner of his mouth and said, "Now that Goldman Sachs is gone, other Wall Street giants should be unable to hold back either."
Sure enough, within a few minutes, various funds appeared one after another, all rushing to buy Far East Chip stocks.
"Boss, are we still going to continue the acquisition?"
"Forget it." Du Huilian knew that Far East Chip was a high-quality and valuable stock, but he didn't care because Far East Bank had a way to get it.
And there is another point, that is to share the profits. Only when the stocks of Far East Chip are in the hands of major fund institutions can Far East Chip be more stable.
The game between the Wall Street giants caused Far East Chip's stock to actually rise on the day before the market closed.
Many people who didn’t sell their products noticed something was wrong and simply chose to wait and see.
Those who sold their stocks in the morning were all beating their chests and stamping their feet.
Gary Kenin, he knew he was done.
When the news got back to England, he would definitely be blamed for the incident and would be labeled short-sighted.
In addition to some people having different views, some people also have different practices.
When Li Bancheng returned home, his second son Li Er followed him into the study.
"You want to borrow 500 million Hong Kong dollars?"
"Yeah, I think now is my chance."
Unlike the descendants of other wealthy families in Hong Kong who basically studied business administration, Li Er entered Stanford in 1984 and chose the computer industry.
After completing his courses and studies at Stanford, Li Er got a job in an investment bank. He not only paid back all the money in the bank card that Li Bancheng had given him, but also paid the interest.
However, history has changed. He did not borrow money to invest in satellite TV because the battleship of Asia Media was too daunting at that time.
There is no fact that he cashed out to establish Yingke, and he is currently helping out in the family business.
But those who study computer science would not like to work in the real estate industry.
However, the development of Hong Kong's technology industry did not make him 100% sure about starting his own business, so he had been lurking for many years.
Li Bancheng also knew that his second son was not interested in the traditional industry, and was willing to pay money to support him.
Although you can support someone, you still have to know what the other party wants to do and whether they are confident about the entrepreneurial project.
"What industry do you want to go into?"
“Industrial controllers, that’s where I saw the opportunity.
The most important things for industrial controllers are chips and systems. This is no longer a problem. You can just take things from the Far East and make slight modifications before using them.
The most important point is that although Far East's companies are also leaders in industrial controllers, they have not reached the level of almost monopolizing consumer electronics chips.
And with the popularization of computers, the third industrial revolution has begun.
In terms of industrial controllers, due to the increasing requirements of manufacturing equipment, controllers need to become more and more intelligent.
In this track, although I am behind, I am not out of reach.
Even if we cannot enter the high-end market in the future, we can still try our hand at the mid-range market, which is a track worth tens of billions of dollars a year.
The most important thing is to accumulate technology. No one can predict the future development, but the future belongs to science and technology, and no one can deny this."
Li Er's answer made Li Bancheng show no expression on the surface, but he was sure in his heart.
He said something very well, that is, the future is the future of technology.
Although it may not be successful in industrial controllers, there will be no problem in developing in the field of technology and the Internet.
Take Cheung Kong for example. Its core business is traditional industries, and it has been doing so over the years.
But at today's group meeting, all senior executives had no objection to Cheung Kong's entry into the technology and Internet sectors.
It is beyond doubt that the future belongs to the technological era.
Cheung Kong may not make money in this field, but it must join in.
No one knows whether these technologies will affect traditional industries in the future, so we must prepare for the future.
It used to be too expensive to join the industry, but that has clearly changed.
So Cheung Kong wants to get involved, and today’s meeting will revolve around this topic.
What direction, how to join, and how much money to invest.
But I didn’t expect that Cheung Kong didn’t have a clear goal yet, but I and my second brother had already determined the direction.
You'll Also Like
-
Elf Sandstorm Lord.
Chapter 473 1 hours ago -
Ghost Story Game Designer
Chapter 717 1 hours ago -
Yu-Gi-Oh!, starting from Duel Links
Chapter 508 1 hours ago -
Hunter x Hunter: Killer Queen
Chapter 460 1 hours ago -
Super God Academy: Starting as Yun Ying
Chapter 210 1 hours ago -
One can achieve enlightenment by killing enemies in the Devouring Starry Sky.
Chapter 536 1 hours ago -
Transmigrating Through Three Generations: Orochimaru, You Become Hokage
Chapter 631 1 hours ago -
Female Ultraman in the chat group
Chapter 344 1 hours ago -
Douluo Continent: Born into a peerless world, with boundless love for humanity
Chapter 95 1 hours ago -
Traveling through time with spatial abilities, the scientific research genius is a little sweet.
Chapter 83 3 hours ago