Chapter 442 Crazy Cash Out
Wang Yuanchao said:

"The bulk of the money will definitely be borne by Pacific Industrial. I can't just throw away such a huge sum of money, right?"

In fact, when Wang Yuanchao promoted the "Ting-House Policy", the authorities took the opportunity to discuss this matter with him. They need this stadium. As for how much the authorities will hold in the stadium, it is easy to decide. Let's first solve the problem of whether there is one or not. If it is really built, the authorities will definitely give priority to it when they have major events. The authorities never doubt this.

Governor MacLehose was very enthusiastic about sports and even personally expressed his desire for a new stadium to Wang Yuanchao. He said:

"Hong Kong needs a stadium like this that is in line with international standards."

The governor also needs political achievements to show to the queen and the citizens.

Liu Qijin said:

"Forget it. Being high-profile is not our style. I still hope that they can grow up like ordinary children, so that they don't know the sufferings of ordinary people and how their father built this family business brick by brick."

His wife was so considerate and sensible, Wang Yuanchao had no choice but to say:
"How about this? I want to create the Hong Kong Academy Awards. How about creating that little golden man in your image?"

As the boss of the largest film company in Hong Kong, Wang Yuanchao was also thinking about organizing Hong Kong's own Oscars. He couldn't always go to Yizhou to participate in the Golden Horse Awards, right? Bruce Lee's Hong Kong movie box office explosion swept Southeast Asia. Isn't this the best time?

The Oscar statuette is a male image, while the Hong Kong statuette is a female image. Anyway, Chinese women have the highest status after they stood up in the University of Tokyo.

Liu Qijin uttered an "ah" and said with a smile:

"How shameless of you to let your wife be held in the hands of others!
I know what you mean.

But if you really want to do this, how about using my mother's image?
She must be happy.

From now on, I will definitely stand by your side as my son-in-law and speak for you!"

Wang Yuanchao laughed out loud.

He had seen photos and movies of his mother-in-law when she was young. His wife looked almost like his mother-in-law! Her face was slightly longer than his mother-in-law's, but she had to take his father-in-law into consideration.

So he clapped his hands and said:
"Great! International Cinema happens to be a brand under Phoenix Newspaper Group. No one can find fault with using the image of the wife of the newspaper group's chairman as the golden statuette!"

International Film was originally a magazine published by Dianmao to promote its films. Later, along with Cathay Cinemas, it was completely acquired by Wang Yuanchao. Shaw Brothers has their own Silver Image Awards, because silver plating is cheaper than gold plating. Doesn't it fit the style of Shaw Brothers?

Moreover, Shaw Brothers had their own small group, and Bruce Lee was so popular in Hong Kong, but he was not within their scope.

As for the newspaper group, Wang Yuanchao gave the chairmanship to his father-in-law. After all, he was the actual controller. If he let his father-in-law enjoy the glory, wouldn't he not blame his son-in-law for being too philandering? After all, a man who eats someone's food will be soft-hearted.

So isn't it the right time for Phoenix Newspaper Group to join hands with Starlight Pictures to create a Golden Horse Award for Chinese-language films?

If Shaw Brothers doesn’t give me the award, I can give it to you. Will you come and receive it?

If you come, you will recognize my authority. If you don’t come, your staff will think you are too stingy and judge others by your own standards!

Wang Yuanchao could even create a larger-scale award and bring all the good films in various Southeast Asian languages ​​here. After all, business is more lively when there are more people, and only when there is a lot of liveliness can you make money!
Wang Yuanchao felt that his wife was happy at this moment!

That's good. There is no woman who is hard to please. It just depends on whether you put enough effort into her, right?
February 1973, 2, Lunar New Year’s Eve.

Wang Yuanchao enjoyed the reunion dinner so much. Although the children urinated, defecated, and cried one after another, he thought the sounds were beautiful. Even the smell of feces and urine had a unique aroma.

With so many children, domestic staff are indispensable, along with security personnel, and they are given huge bonuses.

He even cared about whether the other party had sold their stocks and used himself as an example.

Wang Yuanchao has always been generous to those around him. The life, health and safety of the whole family depend on them!

Because the babies were all in the living room, and Wang Yuanchao didn't like the servants standing around to serve him during the reunion dinner, everyone had to take care of the crying child. Although the reunion dinner was not so smooth, Wang Yuanchao felt a great sense of accomplishment!
Which man would not be proud of spreading his seeds all over the world?

My master is still in good health. Even though he is already old, he still has sharp eyes and ears, and speaks clearly. Several children call him Grandpa.

The eldest, Hou Kui, is already studying for his preparatory course at Hong Kong University. He is about to become a junior of his uncle and aunts. He is now a grown man.

Chen Mingming, in the middle, is in the third grade of primary school. Girls grow up early and have already started to grow.

The youngest, Wang Xiao, is still in kindergarten and will not be able to enter the first grade until next year.

Smaller ones? Sorry, those are the ones who can’t speak, they were just born this year.

Several children were surrounding the old man.

why?
Hou Kui is already a grown man, with so many aunts, all of them are so beautiful, he can only bow his head and call her aunt, at most look at his younger brothers and sisters, and finally he can only chat with his grandfather about martial arts routines? The grandfather knows everything, is knowledgeable and talented, and can chat with him, after all, the grandfather has no one to chat with. And children like to play with older children, Chen Mingming thinks that cousin Hou Kui is handsome and has studied in the preparatory course of Hong Kong University. Her mother always asked her to learn more from brother Hou Kui, so she likes to follow Hou Kui.

The same goes for Wang Xiao. When his younger brothers and sisters are not making noise, they are quite interesting. But when they start making noise, he feels annoyed. He still has more fun playing with sister Mingming. His sister indulges him in everything. Hahaha.

After dinner, Wang Yuanchao, his master's uncle Ma Erqin, his cousin Chen Xueru, and his concubine Leti played mahjong together. The others had to look after the children, so they watched TV. TVB didn't even have a Spring Festival Gala!
[On the New Year's Eve of February 1980, 2, TVB produced a program called "Happy Tonight: Hong Kong and Taiwan Celebrate the New Year Together", which was broadcast live from 15: pm to : am the next day. It was the earliest Spring Festival program]

They had almost finished watching TV and the master also wanted to go to bed early. Wang Ling took the master's place while the child was sleeping and came up to touch him a few times.

After playing twice, seeing that Liu Qijin was eager to try, Wang Yuanchao pulled her over to play with him, and he took the children to set off fireworks.

Anyway, if you run farther away, you won’t disturb the baby at home.

……

February 2rd is the first day of the Lunar New Year, which is the "Year of the Ox" in the Eastern calendar. Investors believe this is a good omen and the market will continue to be bullish.

Because on January 1, representatives of various forces in the United States and Vietnam signed a ceasefire agreement in Paris! A series of meetings will be held in Paris to discuss the Vietnam issue.

Yes, the United States is withdrawing its troops.

During his second campaign, Nixon used the promise of a specific time for troop withdrawal as his campaign platform, defeating the Democratic Party and winning re-election. This slogan was more directly in line with the hearts of the American people than the Democratic Party's anti-war and peace slogans.

If our neighbors want to achieve peace, then they must usher in great development in post-war reconstruction, which are all opportunities!

Therefore, the Hong Kong stock market continues to advance rapidly.

But soon, Wang Yuanchao discovered something was wrong. The speed at which he sold stocks every day was slowing down, and the total value was decreasing.

It is definitely not because the authorities have restricted the market from closing in the afternoon on Mondays, Wednesdays and Fridays!!!
[The authorities have actually sensed a sense of unease. Since January, they have repeatedly prohibited civil servants from using office phones or going to the stock exchange without permission to trade stocks. They have also ordered the stock exchange to stop trading every Monday, Wednesday, and Friday afternoons in order to cool down the overheated stock market. However, it has done nothing.]

Wang Yuanchao did not dare to sell too much for fear of causing a panic drop in the Hang Seng Index.

His trading volume has dropped significantly, but the Hang Seng Index is still rising!

What does it mean?
This means that some people are also rushing to buy! Some people are also selling!

Grab the shares that Wang Yuanchao wanted to sell!

So Wang Yuanchao began to arrange for people in the securities department to count as many large-scale selling orders as possible from various exchanges.

After keeping watch for a week, Wang Yuanchao discovered that he was not the only smart guy.

Foreign capital is also rushing in!

Indeed, foreigners have experienced stock market crashes! The Hong Kong stock market is indeed full of bubbles. It is like a castle in the air. Any spark can detonate these bubbles.

Although the statistics are incomplete, Wang Yuanchao estimates that the scale of foreign capital flight is about the same as his. If the scale is small, it will not have any impact on him and he will not feel it. If the scale is large, foreign capital will also be afraid of detonating the bubble prematurely.

He has already sold all the stocks he had invested in, making a net profit of almost HK$14 billion!
He used his own shares to exchange for an 8 million loan, which actually made him earn money.

Throughout February, he cashed out about 10 billion yuan, and his selling speed was slower than before. He had to release some companies' annual report earnings and dividends in advance to create an image of his companies' strong revenue and further sell stocks.

Someone had robbed his cash-out quota, so he couldn’t run any further!
But he is not the only one who takes this approach!
汇丰银行宣布高配送：每股派3块5的股息及5股送1股。同时，将1股拆成10股细股。

And the authorities announced that they would build a subway!

This added fuel to the fire of the stock market!

Wang Yuanchao couldn't help but suspect that the authorities and HSBC, like himself, were urging everyone to stay calm and escape from the bubble, but physically they were helping the bubble to expand further!

Everyone is not a good person.

At the end of February, the Hang Seng Index broke through 1500 points!
Although Wang Yuanchao cashed out so much, his total stock market wealth is still more than 50 billion. After selling off his shares for a long time, his shares did decrease a bit, but the stock price went up a bit. In the end, his stock market wealth increased instead of decreasing!
so horrible!

Especially when March comes.

Historically, the stock market begins to plummet in March.

Wang Yuanchao had to instruct to speed up the selling and increase the intensity. This was really going to be a sprint and it didn't matter if it fell a little earlier.

Not only his securities department, but other securities departments also began to act as agents for sales. The speed increased suddenly, and they could realize about 1 million in cash every day!
But the Hang Seng Index still stubbornly rises!
(End of this chapter)