Chapter 394 You are the most shameless

"Don't worry, Mr. Wang!"

Niu Bijian’s firm reply!

"Okay, I'll wait for your plan."

"Yes!"

Niu Bijian bowed and left the presidential suite. Wang Deming was still waiting for someone. Soon, HSBC's boss Sanders walked in, "Mr. Wang!"

Wang Deming stood up to greet him, "Oh, Mr. Sanders."

"You must have good news for me, don't you?"

"Of course!"

Sanders smiled proudly, "I was just chatting with the director of the Hong Kong government's financial department downstairs. The Hong Kong government's initial plan is to burst this stock market bubble as soon as possible and let Hong Kong's funds flow back to the manufacturing industry."

"Backflow?" Wang Deming sneered and asked, "How do you backflow?"

"First, there is no support, and second, there is no policy. Don't say you don't know. Now, several people from the Hong Kong government have joined forces with Luo Dingbang of the Luo family and Lin Baixin of the Lin family to speculate on export shares."

"Haha," Sanders touched his nose to hide his embarrassment, "Mr. Wang, wouldn't it be better for you if the Hong Kong government vigorously develops finance in the future?"

“There’s more room for you to play.”

The reason why Sanders said this is because Wang Deming traded oil futures at HSBC's seat in the Chicago Futures Exchange and gold futures at HSBC's seat in the London Futures Exchange.

He only made a bet on oil once. It was before the third Israeli-Arab war in 67. Wang Deming first boldly made a bet with the British BP Oil Company for 2 million US dollars. Then he made a bet with the Dutch Shell Company for 3 million US dollars, betting on the rise of oil futures.

After the war broke out, Egypt immediately closed the Suez Canal. In just over ten days, Wang Deming made a profit of up to 2 million US dollars.

This was still Wang Deming's fund at HSBC. As far as he knew, Wang Deming had more money in his account at Huaqi Bank.
Gold futures in London have tripled since 68.
The newspapers said that Paul Getty from the United States was the richest man in the world and his family assets were as high as 10 billion US dollars. He sneered every time he saw such reports.

Sanders conservatively estimated that Wang Deming could come up with 10 billion US dollars in cash
"Okay, let's not talk about these boring topics." Wang Deming waved his hand, "There are some things we know very well."

"I asked you to come here today so that you can cooperate with Jardine Matheson and get the land of Lijiaxiangjiang. If Niu Bijian needs your help, please arrange it."

"No problem, sir. I'm promoting a general manager named Shen Bi. He's a very smart man."

"Shen Bi?"

"Yes. I'll bring him to see you next time."

"Not yet. The fewer people who know about our relationship, the better."

"It's up to you."

"Sanders, the amount of land that the Lee family can reclaim will determine the size of your farm in Australia. You should pay attention to it."

"Thank you for your generosity."

The Swire Group acted quickly and published an announcement in the newspaper one month after the celebration party.

It was announced that the dairy factories in Pokfulam and Causeway Bay would be relocated to the suburbs of the New Territories and Tsuen Wan.

He also called out to the Lee Hysan family in the newspaper, hoping to jointly develop the Causeway Bay West District.

In addition, Niu Bijian went to Hysan Development Company in person to meet with Li Mingze, the current head of the Li Hysan family.

Hysan Development is located on Queen's Road East. The building and the land belong to the Li Hysan family. Before entering the door, Niu Bijian looked up at this beautiful commercial building and the corners of his mouth curled up unconsciously.

Li Mingze personally greeted them at the entrance of the shopping mall, and the handshake of the two was captured by reporters who were invited in advance, who took pictures like crazy as if film was free.

As the largest landlord in Causeway Bay, the Lee family bought a large piece of land in Causeway Bay, including the entire West District, from Jardine Matheson for US$23 million over 380 years.

It was a wasteland back then, but now it is valued at at least US$3 million, a 100-fold increase. Lee Hy-shin's foresight is truly sharp.

Otherwise, he would not have transformed from a rural teacher into an opium dealer.

If he was not an opium dealer, he would not be familiar with Jardine Matheson, and Jardine Matheson would not necessarily sell land to him.

After entering the top floor of Hysan Development, representatives of the two companies sat facing each other.

"Mr. Mingze, you should know why I'm here today. Hong Kong Land is cooperating with the Lee family with a very sincere attitude." Niu Bijian spoke first, "I know that after the Lee family established a trust company, the land in Causeway Bay will only be rented and not sold."

“But times have changed.”

Li Mingze smiled slightly, "It is my father's wish to truly develop the Causeway Bay area, and we at Hysan Development certainly agree with that."

"Mr. Niu Bijian, how would you like to cooperate?"

"I invite the Lee family to become the second largest shareholder of the Hong Kong Land! Just like Wheelock and the Zhang Yuliang family cooperated!"

Li Mingze shook his head and refused.

“What if HSBC provides a guarantee?”

Investors were excited again. Hutchison Whampoa was indeed the No. 2 real estate stock in Hong Kong. As soon as the news came out, Hutchison Whampoa's stock price rose by another 69 dollars to 70 dollars, and was about to hit the dollar mark.

You should know that the price of 69 yuan per share is the ex-rights price. If calculated according to the previous method and multiplied by 5, the share price of Swire Properties will be as high as 345 yuan.

Compared with the 94 yuan before the acquisition of the dairy company, it has appreciated by 3.6 times. If calculated from 69, it has appreciated by more than 20 times.

也就在这一天，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。

At the same time, a rumor spread from the Governor's Office that a subway would be built in Hong Kong.

As soon as these two pieces of news came out, the stock market became even hotter.

On March 3, in order to prevent Hong Kong citizens from buying and selling stocks at securities trading institutions run by Chinese, the Governor's Office of Hong Kong specially dispatched a fire brigade, the so-called: firefighters to the stock exchange to put out the fire.

The Hang Seng Index immediately rose to 1775 points!
But just one month later, on April 4, the Hong Kong Tax Bureau suddenly published an announcement in major newspapers: capital gains tax is required for buying and selling stocks.

The next day, Hong Kong stocks plummeted, with the drop in just one day reaching 600 points, a drop of 33%.

Panic spread rapidly in the Hong Kong stock market. The speculators who had used the big bull to light cigarettes at the entrance of the stock market, and the winners who had used the big grouper to make fish balls and the abalone to make rice porridge, were all dumbfounded.

From that day on, Hong Kong's stock market never rebounded and continued to decline.

Among them, the shareholders who suffered the biggest losses were those who exchanged their Dairy Farm shares for Hutchison Whampoa shares and those who originally held Hutchison Whampoa shares and were preparing to exchange them for new shares.

Because of the so-called transfer freeze of the exchange, the stocks of these two types of shareholders are all frozen in the exchange and cannot be bought or sold at all.

He could only watch the share price of the Hutchison Whampoa shares he held fall like a free fall, from 69 yuan to 40 yuan. By the time the transfer was completed in May, the share price of Hutchison Whampoa had fallen to 5 yuan.

It is no exaggeration to say that all the money was lost.

Many stock investors rushed into the stock market by borrowing high-interest loans from the private sector.

I continued to hold on in April, hoping that the stock market would recover. However, after the entire Hang Seng Index fell below 4 points in May, my hope was slim.

Finally, in September 73, the Hang Seng Index reached over 9 points and Hutchison Whampoa's stock price fell to 500 yuan.

It's not just the Hong Kong stock market that has collapsed.

There are also a large number of ordinary Hong Kong people.

The wealth accumulated with great effort for 20 years was gone in one day.

(End of this chapter)