Era: I have a two-world door
Chapter 505: This is how you really make money
Chapter 505: This is how you really make money
I had lunch outside at noon, and in the afternoon I accompanied Du Wanting to the construction company to sign the contract.
Wang Qingsong did not host this time, but watched from behind wearing a mask throughout the whole process.
The commercial building has 15 floors and was completed in 4 months.
This is the limit given by the construction company.
In accordance with Wang Qingsong's requirements, the factory first ensured the delivery of the first four-story building within three months, and the delivery of other factory buildings was compressed to six months.
This building is where Wang Qingsong studies mobile phone base stations.
Of course, this refers to the first phase of the factory project.
The subsequent planning drawings have not yet arrived, and we will need to re-quote and calculate the costs when the time comes.
The total price is not too expensive, only more than 500 million Hong Kong dollars.
The commercial building cost a total of 250 million yuan, and the factory area cost more than 300 million yuan, all of which were based on the premise that the cement and steel bars were provided by Wang Qingsong.
This does not include the money spent on upgrading the plot and the money spent on purchasing the land.
This price is actually not cheap.
Mr. Huo’s 15-story Chan Palace Building, including the land fee, cost a total of 200 million.
But that was all a few years ago.
After everything is signed, the construction team will move in three days later.
Wang Qingsong also had to deliver cement and steel bars to the location as soon as possible.
After the contract is signed, the matter is concluded and we just have to wait for the factory and the building to be built.
Speaking of buildings, the ones he built were completely different from the ones he built at this time.
After construction, it will be even more grand.
After the signing issue was settled, the group left the law firm directly. Du Wanting still had a lot of things to do.
It doesn't mean that everything will be alright after the contract is signed.
I have to run around to all the departments, not to mention other things, at least I have to deal with various issues such as water, electricity, and telephone applications.
Wang Qingsong had not originally planned to go because he still had things to deal with at the airport.
But after thinking about it, I finally went with him.
Don't be lazy.
It was time to get off work, and finally the two of them had time to go out for a meal.
In the teahouse, two people were eating.
Du Wanting said to him, "I will draft my brother's contract after we have dinner. You can take a look at it then. I will draft it based on the contract of my brother's previous company."
Wang Qingsong shook his head: "You take care of the contract first, and I'll take a look at it later. I have other things to do in the evening. I may not have time to come back."
"Okay, I'll find you when I'm done!"
"Ok!"
The matter was settled.
Du Wanting was eating when she thought of something: "Oh, by the way, let me tell you something."
"Oh, what's wrong?"
"We have collected quite a lot of the bezoar you requested, about 80 kilograms. They are all in the room where the wine was stored before. We have also got some of the various aged wines you requested, as well as quite a bit of red wine. Go get it when you have time."
Wang Qingsong was surprised: "So many?"
I had 12 kilograms of bezoar before, and now I have more than kilograms, which adds up to almost kilograms.
According to the market value, it is almost 100 million.
But it’s not easy to handle if there are too many of them.
As for the wine, he was not in a hurry. He was not an alcoholic and could not finish it for the time being.
Du Wanting hummed, "Yes! Last time you told me to collect, I never stopped! I ordered a lot of bezoar from the mainland, and it arrived a while ago. But you didn't ask, so I forgot about it in my busy schedule."
"Okay, I understand. I'll get it when I have time."
I don’t have this way, but Mr. Yang does!
I'll find a way to find him then.
Just these bezoars have earned a lot of foreign exchange for the mainland.
"As for the hairy crabs, the mainland has responded that they expect to start fishing around October 10, and the crabs will arrive in batches from mid-October to mid-November."
"Did they say how much it could reach?"
"That was not mentioned. No specific number was given at the beginning. We will be given a number before delivery."
Wang Qingsong nodded lightly.
In this era, the temperature turned colder earlier than in later generations.
The time of eating crabs was also earlier than that of later generations.
"Okay, let me know when the goods arrive."
"Well, there is one last thing. Boss Chen has contacted a Norwegian shipping company. They have a 13-year-old bulk carrier with a capacity of 12000 tons and a heavy fuel oil engine. The price is 125 million US dollars. Do you want this ship?"
After listening to this, Wang Qingsong felt conflicted.
125 million US dollars, which works out to 100 US dollars per ton.
In 1955, a coal-fired ship that had been in operation for 25 years had an average cost of $85.
Not expensive
This exchange rate is ridiculous.
It would be great if the exchange rate in future generations was not so high!
Buying both is too expensive.
Come to think of it, I was originally prepared to buy it at this price.
So he agreed: "Okay, let's buy it! By the way, I'll give you a goal. Within five years, I want as many ships as I can get. Of course, not all of them are old ships, I'll buy new ships as well."
Du Wanting frowned, "No way? Is the investment so huge? Although shipping is booming now, if it expands too quickly, the risk is really too great."
Wang Qingsong hummed, "I understand what you said. It has been more than a decade since World War II. All countries have almost recovered and are about to enter a period of rapid development. Shipyards have few orders and rarely expand production capacity. The shipbuilding cycle is very slow, and they will maintain a certain growth rate for a long time. In another five or six years, there will definitely be a big explosion."
There was no mention of the blockage of the Suez Canal.
This is too mysterious.
But he did have a point.
This is also what he saw when he searched online for information about how the shipping king made his fortune.
The charter king has caught up with a good era.
It is true that buying land and leaving it there is profitable, but there are so many industries that make money faster than real estate.
However, real estate has a property that other assets do not have, and that is the ability to resist risks.
He wants real estate.
He also wants a boat.
Now we can maintain it with low freight rates, and when the Suez Canal is blocked, it will be time to start printing money.
And it took eight years from the start.
How could he miss this?
According to records in the book, due to congestion in the Suez Canal during that period, freight rates directly increased by 6 times.
Even so, it is still difficult to find a boat.
The freight process that originally took two years to recover the cost has now been compressed to four or five months.
The smaller the assets, the shorter the payback time may be.
By then, the payback period for heavy assets such as shipping will be very long, but unless there are unexpected events, it will be relatively stable.
At this moment he had an idea in his mind.
When enough ships were bought, by the time the Suez Canal was blocked, Hong Kong's housing prices plummeted in the second year.
The value of shipping companies was different then.
You can get a high loan amount to buy land that has plummeted in value.
Du Wanting shook her head upon hearing this: "Anyway, I think this is too risky for you. This is real money being invested."
"Don't worry, I have a plan. I'm not that stupid!"
The twenty CNC machine tools he owns are worth a total of 10 million US dollars.
The goods were delivered today, enough to buy quite a few ships.
Seeing him say that, Du Wanting still sighed: "Okay, I get it. By the way, there's news from Greece. There's news from Greece that the company is on the right track. You need to speed up the supply of hyaluronic acid and send it to them as soon as possible."
"Huh? So fast?"
Wang Qingsong was surprised for a moment, but then he thought that quite a bit of time had passed.
So he agreed: "Okay, I understand."
"Little friend!"
While I was thinking, I heard a shout from the side.
Wang Qingsong turned his head and looked over curiously.
I saw a middle-aged man in his forties and a girl in her twenties sitting next to each other.
The person who spoke was a middle-aged man with thick eyebrows in a suit and tie.
Wang Qingsong looked at the other person and looked around curiously: "Sir, are you calling me?"
The other party smiled and nodded: "It seems that you have a lot of insights into the future development of shipping!"
Hearing this, Wang Qingsong looked at the other party curiously.
I always feel that this person is very familiar.
After thinking about it, I reacted instantly.
Good guy.
Isn’t this the future shipping king?
Why is this guy here?
There was a sudden awkward moment.
I wasn't paying much attention to what I said just now, and I didn't lower my voice particularly much.
Then he smiled and said, "I just said it casually."
"My friend, which shipping company are you from?"
"Well, I don't have a shipping company yet. I just set up one and I only have one ship."
When I heard that the other shipping company had not been established yet and it only had one ship, I instantly lost interest.
It seems that he is a person who feels that shipping can make money and came here to make some money.
He smiled and nodded, raising his glass in a toast.
Then nothing more was said.
Wang Qingsong also gestured, then lowered his head and started eating.
I didn't care about the other person.
The person you are planning to poach from may become your enemy in the future!
Then he lowered his voice a little and said, "Okay, let's not talk about this anymore. Let's talk about it when we get back."
Du Wanting hummed and started eating quietly.
The shipping tycoon is indeed rich now, but he is not famous yet, and Du Wanting doesn’t know him.
"Hey, I made a lot of money from the stocks this time, I'll treat you! Don't be polite!"
While I was thinking, someone came in with a smile, bringing a few people with him.
stock?
Wang Qingsong thought of something and asked, "Oh, by the way, do you know how to trade stocks? Is trading stocks very profitable now?"
Du Wanting blinked her eyes. "What's wrong? Do you want to invest in stocks too? The stock market is booming right now, just like real estate. The two complement each other, especially real estate stocks. I played with them for a while before, but they were too energy-consuming, so I never bought them again."
Hearing this, Wang Qingsong shook his head: "How can I put it! Yes and no. Do you know how to short sell? I mean the index!"
"Hey, you know how to short sell? You can do it, too?"
"No! Tell me! I heard that short selling can be leveraged. Is that true?"
He saw all of this in later generations.
The exact authenticity is not very clear.
"Of course! The leverage of stocks is generally 2 to 10 times, but there are also some special trading products, such as stock index futures, which may have a higher leverage ratio, generally around 30 times, or even higher. The highest is 100 times."
Du Wanting told him what she knew.
Wang Qingsong thought about it after hearing this.
When he was investigating major events before, he would naturally find out about the major events in October.
Cuba is one of them.
And if you calculate the time, there are actually not many days left.
He found out that because of that incident, the U.S. stock market plummeted 13% in 26 days, although it did not reach the historical level of a plunge of more than 12 points in one day.
But it was also a sharp drop. He always felt that money was being spent too quickly here.
Now that there is such an opportunity here, how could he let it go.
It’s nice to make some money!
Thinking of this, he asked, "If, I mean, if an index falls by 10%, how much money can be made with leverage?"
"Well, it depends on how much you invest! How many times you use leverage?"
“What if it’s 1000 million US dollars and the leverage is 100 times?”
"It's easy to calculate! 100% of 10 million times 9000, a profit of million, minus the principal, that's million."
Du Wanting calculated for him.
Wang Qingsong licked his lips when he heard that.
Not to mention 26%, even if it is 20%, if this leverage can really be added, it would be million.
Omg!
This number is simply too much.
I was conflicted about whether to do it or not.
So exciting.
The problem is that he doesn't know how to do this at all!
Du Wanting smiled and said, "The securities company has given such a high leverage, but few people dare to use such a high leverage. You know, if you use a hundred times leverage to short, once the price rises by 1%, the million will be directly closed and you will lose everything."
Wang Qingsong hummed.
Of course he knew this.
If you want to make so much money, you must be prepared to lose it all.
Thinking of this, he didn't hesitate and decided to do it.
And this matter is already fermenting.
The Dow Jones Industrial Average has been falling, and the decline has been significant, and it has only been in the past six months.
What he wants to seize is these 13 days.
He clicked his tongue and said to Du Wanting, "Let me tell you something. Help me find a way to open a US stock account and apply for a 100-fold leverage for me."
"Pfft~~"
Du Wanting was drinking red wine, and she spit it out when she heard this.
He wiped his mouth, opened his eyes wide and said, "Is this true? What are you crazy about?"
Seeing this, Wang Qingsong looked around and asked in a low voice: "Do you know what's happening in Cuba now?"
Du Wanting nodded gently: "I've heard about this, it seems to be quite serious, the stock over there is indeed slowly falling. You don't really want to short it, do you? Do you?"
"I don't know how! So I'm asking you!"
"I don't know how to do that! I just buy stocks on a daily basis."
Du Wanting shrugged and said to him.
Then he thought of something and asked, "Are you serious?"
"Yes! Of course I mean it."
Seeing Wang Qingsong's expression, which didn't seem like he was joking, he thought for a moment and said, "I'll call you and ask when I get back."
"Who are you asking?"
"A friend of mine! A friend from university who studied finance and is now a manager at the Hong Kong Stock Exchange. She knows a lot about this."
"Male or female? Is that okay? This amount is a bit large."
"So I'm asking you! It's a woman."
Seeing this, Wang Qingsong agreed and continued eating.
In the meantime, Du Wanting was trying to persuade him again and again, but she couldn't resist her man's stubbornness.
After dinner, the two went directly to the company.
Du Wanting still had to deal with the contract issue later, so she helped him inquire about it.
When I got back to the company, there was no one there.
Turning on the lights in the office, Du Wanting sat in her boss chair.
"Don't worry, I'll beat you!"
After saying that, he picked up the phone and made a call.
"Hello, Julie..."
After a while, Du Wanting was communicating sweetly in English.
From time to time, helpless expressions were heard.
The two talked on the phone for a while, and then hung up after a long time.
I said to him, "I asked for you. She said she'll come over to talk to you about this matter later, but their commission is quite a bit!"
"Oh? How much?"
“Because you are not a long-term customer, the commission is relatively high, but your amount is relatively large, so they can negotiate it down to 0.5 per 10,000. This is calculated based on the transaction amount. If you really add leverage, the commission they charge will be based on the transaction amount.
If the transaction amount is 10 million US dollars, the commission will be 20 US dollars per transaction. If it is a buy and sell, it will be almost US dollars. She doesn't care whether you make money or not.
If you are a long-term customer, a one-time handling fee will be charged on an annual basis.
This is the commission of the US stock exchange. Her commission is 22 US dollars. Added together, it is close to US dollars. The specific amount depends on the situation of the brokerage firm. "
10 US dollars is close to 60 Hong Kong dollars when converted into Hong Kong dollars.
This money is enough to buy a large flat in Central.
It's not terrible.
Wang Qingsong nodded: "I understand."
22 US dollars is a huge sum of money, but compared to the profits, it is really nothing.
But he has to go back and check the stock situation during those thirteen days.
Be foolproof.
Seeing that she couldn't persuade him, Du Wanting shook her head helplessly.
Start drafting Du Yunze's contract.
The other party came very slowly, obviously living in Central because they needed to cross the channel.
More than an hour later, clear shouting sounds were heard outside.
"crzy..."
Then there was a knock on the door.
Seeing this, Du Wanting put away the things in her hands: "People are coming."
After saying that, he stood up and shouted to the outside: "Come on in, Julie, it's open."
Hearing the sound, the door was opened.
A girl in a suit came in.
Du Wanting had already walked around the desk and came to the front to greet them.
"crzy..."
"Julie..."
The two hugged each other and exchanged greetings.
After letting go, Du Wanting introduced them: "This is my college friend, Julie, and this is my boss, Wang Zixuan, he doesn't speak English."
Seeing this, Julie stretched out her hand and smiled professionally: "Thunder Monkey! Mr. Wang..."
He was speaking in his broken Mandarin.
"Hello, Miss Julie!"
Wang Qingsong smiled and shook hands.
Seeing this, Du Wanting smiled and said, "Okay, you two can talk! I'll just listen."
Seeing this, Julie smiled and said, "Mr. Wang, I heard crzy say this before, but I'm still not very clear. Could you please tell me again, Mr. Wang?"
"Okay! This is the situation! ......"
Tell the general situation.
Julie had been there listening carefully.
"...I want to open an account in advance and get the qualification of 100x leverage. As for whether to go long or short, you just need to wait for my notification. Can you do that?"
Wang Qingsong just looked at him after he finished speaking.
Julie nodded gently. "I understand what Mr. Wang said, but as a friend of crzy, I still want to advise you that the risk of doing this is too great. The exchange likes people like you because 99% of people end up having their positions liquidated."
"I know. I just want to know if Miss Julie can do it! And this matter must not be known to others."
Wang Qingsong asked.
Julie thought for a moment and said, "Mr. Wang, the amount involved in your transaction is too large. How long will it take to prepare?"
Since the other party is willing, she naturally won't persuade him anymore.
She was paid on commission anyway.
Wang Qingsong calculated the time and said, "Within 20 days, is that okay?"
Julie estimated and continued, "It should be possible, but these operations need to be carried out in the United States. And such a large amount of money is difficult to complete alone. I need to find some people on Wall Street in the United States."
These words made Wang Qingsong frown.
"is it safe?"
"There is no absolute safety in the world, but I still want to remind you that we can only follow your instructions and we are not responsible for any consequences."
Wang Qingsong thought about it and felt the same way.
At least the brokerage firm where he opened the account must be aware of his operations.
Thinking of this, he agreed: "Okay, it may take half a month. I will pay for the expenses incurred in the meantime."
Julie agreed: "That's fine. If it's confirmed, I can prepare and fly to the United States the day after tomorrow."
Du Wanting said helplessly: "Whether you go or not, if you don't go, then I will be the only one who can act as your agent."
Wang Qingsong thought about it and said, "Then let's go together! Just treat it as a trip. I'll come back after opening the account, and go again when needed."
For such a big matter, he still has to go there in person.
I haven’t been to the United States yet!
Du Wanting hummed and said, "Okay, your US visa has already been processed. I'll book you a flight for the day after tomorrow."
The matter was settled quickly.
Julie extended her hand and said with a smile, "Mr. Wang, it's a pleasure to serve you. If there is nothing else, I will go back first."
"Okay! I'll trouble Miss Julie then."
The other person smiled, said hello to Du Wanting and left the room.
After coming out, Julie was no longer as calm and composed as before.
There was a hint of excitement on his face.
If this business is successful, she can get about 70 Hong Kong dollars, which is equivalent to her commission plus bonus for 20 years.
Just asking for leave.
As for whether she can make money or not, it has nothing to do with her.
In her opinion, more than 99% of such people lose all their money.
He left the building happily.
……
After Wang Qingsong watched the people leave, he asked, "How much money do we have now? I'm talking about US dollars."
"Excluding the money spent on the land purchase, the construction company, and the purchase of bezoars, jade and other miscellaneous items, the total is still more than five million."
Du Wanting said it skillfully.
"Okay, I understand. There is a deal today, and I will soon receive 10 million US dollars. Let's put the ship matter aside for now and buy it after this matter is over. Then I can get 20 million."
Hearing so much money, Du Wanting gasped.
Converted into Hong Kong dollars, that’s more than 100 million!
"Are you really going to do this? If something goes wrong, the company won't be able to operate."
"I know. Don't worry! There will be more funds coming in later."
When the time comes, I’ll ask the mainland what else they need, and then I’ll sell some more equipment!
"Hey!"
Du Wanting sighed.
So I didn't try to persuade him anymore.
(End of this chapter)
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