Starting out as a drug dealer in 1988
Chapter 484: Good luck in opening the market
The time came quickly, and everyone packed up and got on the bus to the exchange.
More than ten minutes later, the bus stopped and everyone got off under the leadership of Zhao Wenhao.
"Mr. Zhao, here we come!"
Song Weixuan had already arrived at the door of the exchange. When he saw Zhao Wenhao and his group, he immediately stepped forward to greet them.
"Has the others not arrived yet?" Zhao Wenhao shook hands with Song Weixuan and then asked.
Song Weixuan hurriedly explained, "Wells and Doug have already arrived. They are chatting with Liang Dingbang, Chairman of the China Securities Regulatory Commission, inside."
"Oh? Then I'm the latest!" Zhao Wenhao laughed and didn't care.
"Come on, they are inside, I will take you there."
Song Weixuan walked in front, leading everyone in.
"Hi, Mr. Zhao, you're finally here. We were just worried about the traffic jam."
Seeing Zhao Wenhao come in, Liang Dingbang started joking.
Zhao Wenhao has spent quite a bit of time in Hong Kong Island recently and is quite familiar with Liang Dingbang.
"I arrived twenty minutes early, so it's not considered late." Zhao Wenhao laughed and sat down.
"Since Mr. Zhao has arrived, I will also introduce the subsequent procedures to Mr. Zhao." Liang Dingbang looked at his watch and saw that there was not much time left, so he said.
In fact, Zhao Wenhao didn't need him to introduce it. His secretary Lu Han had already found out all the details.
However, since Liang Dingbang wanted to say it, it would be difficult for him to refuse other people's kindness.
After a few minutes, Liang Dingbang finished his introduction.
Afterwards, everyone chatted for a while, and seeing that it was almost time, they walked out of the room under the leadership of Liang Dingbang.
At this time, a small press conference has been arranged in the trading hall.
First, Liang Dingbang introduced the situation of Hengyuan Electronics Company, and then introduced Zhao Wenhao to the guests and reporters present.
Then, Zhao Wenhao gave a speech.
By this time, the time had reached 9:25. Lu Han gestured below, indicating that it was almost time to strike the gong.
Immediately, Zhao Wenhao stopped his speech.
With the support of the crowd, Zhao Wenhao walked to the symbolic gong, holding the drumstick.
"Mr. Zhao, please!" Liang Dingbang gestured.
Zhao Wenhao glanced around, smiled, raised the drumstick, and hit the gong hard.
"Boom!"
"Clap clap clap..."
The gong made a clear sound, and warm applause rang out at the same time.
The reporters' cameras pressed the shutter buttons one by one at the right time, and the flash lights illuminated everyone's eyes.
"It's begun! It's begun!"
The numbers on the big screen began to jump.
"Wow!" A burst of cheers suddenly rang out. "It increased so much all of a sudden?"
"Don't you see who their shareholders are? Goldman Sachs, Citibank, and our local Meifeng Group. With their support, how could the underwriters not be enthusiastic?"
"Look, look, it's gone from 8 yuan to 8.5 yuan in an instant!"
"It's only been a minute, it's fast!"
"It's still going up, look, it's still going up! It's already 9 yuan!"
"If things continue like this, it might go up to 11 or even 12 yuan today!"
……
A group of reporters waiting for the results pointed and talked, while Zhao Wenhao, the leading figure today, stared at the big screen.
Seeing the numbers above continue to rise, Zhao Wenhao finally felt relieved.
Although he could have anticipated this situation, it hadn't materialized yet. Therefore, he couldn't help but feel a little uneasy.
Only when he saw that the numbers were still rising did he smile knowingly at Song Weixuan, Wells, Doug and others.
"Congratulations, Mr. Zhao!" Wells took the initiative to walk over and hugged Zhao Wenhao.
Although Zhao Wenhao hated being hugged by foreigners, he still accepted the other party's blessing with a smile and said, "Congratulations, congratulations. Mr. Wells's vision in investing in Hengyuan Electronics is really accurate."
"Hahaha, Mr. Zhao, are you praising me or yourself?" Wells was very happy.
In May, it cost a total of 5 billion yuan to acquire a 10% stake in Hengyuan Electronics.
After the rights issue in August, 8% remained. By then, the share price had risen to 7 yuan per share, and Hengyuan Electronics' total market capitalization had reached HK$9.4 billion.
Citibank holds a 7% stake, which means its market value is HK$16.45 billion.
If the stock could be traded now, he would have made $4500 million from Citibank in just four months.
And this is just the beginning.
The numbers have been jumping and heading towards 10 yuan per share. It can be said with certainty that if this trend continues, it will break through the 10 yuan mark in less than half an hour.
And this is not the end.
Of course, if we were to say who are the happiest people right now, it would definitely be the middle and senior management of Hengyuan Electronics.
Especially those who were present at the scene, such as Yuan Bin, Chen Weiye, Qin Cheng, Li Hongmei and others, were staring at the screen in amazement, while silently calculating in their hearts how much their shares were worth.
Obviously, the wealth came too suddenly and they couldn't bear it all at once.
Although their previous salaries in the company were not low, compared with the stock market, it was still a big difference.
"Mr. Yuan, pinch me, I'm not dreaming!" Qin Cheng couldn't help but pull Yuan Bin's sleeve as he saw the numbers still rising.
Yuan Bin's forehead was sweating, but he pretended to be calm and shook off his arm: "Get out, don't embarrass yourself. Others are watching. We are in Hong Kong Island, representing the image of the mainland. Don't embarrass yourself here!"
"No, Mr. Yuan. I really can't believe that I, Qin Cheng, have become a billionaire one day. I really want to call back and ask if there's any smoke coming out of our ancestral grave today!"
Qin Cheng's face was full of disbelief.
According to the current market value of the company, Qin Cheng's 0.8% stake is worth about 1.9 million yuan.
If he could sell the stocks now, Qin Cheng would really be willing to do so.
With these 1.9 million yuan, he can retire now!
Qin Cheng doesn't have big ambitions, and he knows that he is not capable enough. He can be where he is today mainly because of his boss's care for him.
Otherwise, how could a high school student like him have the status and wealth he has today?
"It's still going up, look everyone, it's still going up, it's almost going to be 10 yuan!"
"Wow, it's only been 20 minutes, not even half an hour, and the increase is already so big!"
"Hengyuan Electronics has created quite a few billionaires this time!"
"I'll find Chairman Zhao and ask him to do an interview!"
"I think it's a close call! Haven't you seen that it's not so easy for him to arrange an interview now?"
"Everything depends on human effort. Our newspaper's editor-in-chief is quite familiar with Song Weixuan. If we ask him for help, he will definitely give us some face!"
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