Vicious dogs in Hong Kong, entrepreneurs practicing evil cultivation
Chapter 51 Dogs need to poop to poop.
Queen's Road Central, Manbang Building.
Kowloon Club, which usually has the lowest trading volume, saw a long queue forming at its entrance today, all because of the IPO of a company called "Hong Kong Antenna".
From banks, insurance companies, cargo ships, and shipping during the early days of the port's opening, to rubber, textiles, hotels, and electricity in the 50s, and now to real estate stocks in the 70s.
Hong Kong has never had a true "tech stock"!
Last year, the Japanese company "Sony" was immediately sought after when it went public in Hong Kong with its electronics business, raising as much as 53 billion yen, equivalent to 1 million Hong Kong dollars.
Across the ocean in the United States, tech stocks like Xerox, GE, and IBM have seen phenomenal price increases. Hong Kong has been desperately seeking a tech stock for a long time.
After much anticipation, Hong Kong has finally got its own tech stock – Hong Kong Antenna!
OMG! Buy it!!
The three founders were dumbfounded by this scene.
Xiangjiang Antenna's listing notes state that its main business is "manufacturing and engineering," but technology is just a facade used to deceive and swindle, and shareholders actually believed it.
The 2500 million shares issued were sold out in the morning.
The share price surged from the issue price of HK$1 to HK$3.2 per share, prompting the three founders to quickly sell their respective shares to suppress the price.
Those who have played with fire know that this thing is easy to ignite but incredibly difficult to extinguish. Although the share price was hammered down to HK$2.52 per share at the close, it still couldn't dampen the enthusiasm of the investors.
at the same time!!
After a four-month hiatus, the "Wang Dog Daily" resumed publication this morning. In addition to restoring its original dog-related reporting, it added horse racing and financial news reports, and published articles:
The company dismantled Lai Sun Garment, claiming that its IPO would raise funds to purchase garment machinery and expand its factory, thereby opening up the European market while stabilizing the North American market.
As a result, the Lin Baixin family's garment orders surged, which in turn benefited Hengsheng Industrial, the family's listed textile company controlled by his cousin Lin Yongren.
The report describes Xiangjiang Antenna, which is listed on the IPO market today, as "the first technology stock in Hong Kong".
Unlike other analysis agencies that categorize stocks as top or second most popular, "Wang Dog Daily" only provides a comprehensive analysis of three stocks, and without exception, all of them are in an upward trend.
The newspaper is published in the morning!
The market closes at 4 PM!
Based on the day's stock market performance and the report in "Wang Dog Daily," the predictions of all three stocks rising were accurate.
Looking at the authors of the published articles, the first two messages came from professional brokerage members of the Far East Club and the Kowloon Club, while the last message came from "financial prodigy" Chan Kwun-kong.
Despite earning over HK$20 million from investing in Dairy Farm, he is still subject to harsh criticism from investors who are now holding onto their shares.
However, it cannot be denied that they were able to successfully cash out and escape before Hongkong Land locked up its shares and dumped them.
Making money in the stock market isn't the real skill; getting out of there is!
Chen Guanjiang, who was able to navigate the treacherous waters with ease, profiting and escaping near the peak, and then using the media to hype it up, still holds a certain weight in the hearts of stock market investors.
Those who bought stocks that day made money, and those who didn't, seeing that all three predicted stocks came true, couldn't help but look forward to tomorrow's "Wang Gou Daily".
The investors, blinded by greed, were completely oblivious to the tricks and flocked to nearby newsstands to subscribe to the "Wang Gou Daily".
A newspaper costs only three cents, not even enough to cover a single stock price fluctuation. Only a fool wouldn't buy it!
Yesterday, the circulation of "Wang Dog Daily" returned to 3000 copies, and by evening, the number of pre-orders for delivery alone exceeded 20,000 copies.
Hyena Weekly maintained its steady sales of 40,000 copies per week, with no increase or decrease.
In just one day, two newspapers could earn HK$5000. However, those familiar with newspapers know that circulation fees are not the biggest source of profit for newspapers.
The newspaper's real profit lies in GG!
A typical tabloid with a daily circulation of 5000 copies dares to charge HK$8 per line for its Google Pay fee, while a large newspaper with a circulation of over 10,000 copies can charge HK$20 per line for its Google Pay fee, and it is not an exaggeration to say that the price has increased several times over.
The "Wang Dog Daily" predicts that sales will exceed 30,000 units tomorrow, with each row of GGs priced at HK$100, meaning a single GG slot can sell for HK$600.
Hyena Weekly sold over 40,000 copies, but its GG fee was completely different from that of Wong Dog Daily. It quoted HK$300 per line of GG and dared to charge HK$2500 for a single GG slot.
The reason for this is that the vast majority of readers of entertainment news are young women who love gossip, and this group has the greatest spending power.
Ordinary newspapers can only publish scattered information such as lost cats and dogs, missing persons notices, drain cleaning notices, or the locations of prostitutes' workplaces, which cannot fetch high prices.
Last month's "Bullfight" was published in full, which gave all the newspapers a good laugh, but such a big event only happens once every ten years.
But Hyena Weekly is unlike any other newspaper!
75% of young female readers are highly favored by women's clothing brands and cosmetics companies. These high-profit companies that rely on Google Ads investment do not hesitate to spend a lot of money on Google Ads advertising.
Hyena Daily is unrivaled in Hong Kong's entertainment information field, enjoying this exclusive feast of high-priced gossip.
Entertainment news and financial news don't require much attention; what truly captures Chen Guanjiang's interest is the Horse Racing News report!
每年9月至次年5月为马季赛期,5月至9月则是夏季休马期,最重要的打吡大赛则是在每年3月或4月举行。
The 2400-meter long-distance race held in May, named after former Jockey Club chairman Sir Paul Chater, can be seen as a major event to conclude the series.
As for the Queen Elizabeth II Cup in April and the National Day Cup in October, these two tournaments do not currently exist.
The "Opening Cup" on September 9th this year can be seen as a warm-up for the start of the horse racing season.
The "Hong Kong International Race Cup," held on the second Sunday of December each year after three months of warm-up, can be seen as the official start of horse racing each year.
Horse racing culture is deeply ingrained in Hong Kong. Horse racing events are not only major events for the wealthy and gentlemen, but also important festivals for ordinary people to celebrate, and crucial moments for all horse racing newspapers to compete!
As he fiddled with the two gold-embossed invitations to the "Hong Kong International Sports Cup," Chen Guanjiang felt grateful to Zhou Xinian and also sensed the goodwill extended by the Li Peicai family.
Although Chan Kwun-kong is not interested in horse racing culture, he needs to expand his network by understanding the structure of Hong Kong's top society.
The Hong Kong Jockey Club has cultivated relationships with high-ranking officials from both China and the West. Getting into the Jockey Club is like having a ticket to the top echelons of society. At the very least, you can become a familiar face and know who you can mess with and who you can't.
It was just a pity for Zhou Xinian, who, before his reign was over, did everything he could to pave the way for his descendants in order to accumulate good deeds for them.
Little did they know, Chen Guanjiang had already laid out his plans to enter the "Hong Kong International Sports Cup" and was attempting to win big in this tournament...
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