Reborn in America, I'm serious about making money.
Chapter 74 It's better to sell well than to buy well
After the Hong Kong New Year, Zhang San has been busy with the affairs of New Era Financial Group. The group has now taken shape and includes six major businesses: banking, securities, insurance, funds, investment, and real estate. In addition to the overseas trust bank, there are also Wing On Securities, Wing On Insurance, Wing On Fund, Wing On Investment, and Wing On Real Estate. In this way, it looks more like the Wing On Group.
In Shanghai, Chai Xiaofen finally met Guan Meiren and He Meitian. It was like seeing family. At this moment, she had someone to share her feelings with.
"It's so good that you're here. I've been afraid to sleep lately. As soon as I turn off the lights, I feel like someone's trying to take me away, boohoo..."
She actually started crying. The saying "a poor person suddenly becomes rich" perfectly describes Chai Xiaofen. She is now afraid that her subscription certificates and stocks will be stolen. She sleeps in a room with a large safe every day. There are also twelve bodyguards (six men and six women) sleeping in the surrounding rooms.
There were two police officers present, which allowed her to sleep peacefully. She hasn't left the house recently. Fortunately, she has money, which allows her to maintain a lower standard of living while still eating and drinking the best food and drinks, as do her bodyguards.
"My third brother mentioned selling stocks, but I didn't dare go out and didn't sell any. But the stocks... went up..."
He Meitian, unaware of the situation, stood nearby and felt that Chai Xiaofen was being a bit exaggerated, crying and laughing at the same time. How much could it be? Finally, unable to contain her curiosity, she asked.
"Sister Fen, how much did we make?"
Chai Xiaofen turned her gaze to Sister Guan, the oldest of the three. Seeing her shake her head, it seemed that she hadn't told her either. It was only then that she suddenly remembered; the task of providing the commentary had fallen to her. Sister Guan's head shaking had two meanings, I don't know, don't look at me.
Chai Xiaofen took out a newspaper, which, in addition to the old eight stocks, also listed several newly listed stocks, and then she slowly began to explain them.
"This one is now over 500, with an issue price of 28 yuan. We have 7,000 shares, and it's already increased nearly 17 times." Speaking of this, she wasn't afraid anymore and continued, "This one listed at 58 yuan, and now it's 800 or 900..."
When I heard that the stocks they invested in, besides the subscription certificates, had already increased seventeen or eighteen times, I was shocked.
Moreover, although the current stock prices are around 20 or 30, and some are even close to 60, only one million shares have been issued. With all the country's funds concentrated here, it's safe to say that one million shares are simply not enough to go around.
"Sister Lin, should we sell our stocks?"
Rosamund Kwan was silent for a moment, then said, "Not for sale. It's a hot market right now; I can't be a coward like Zhang San, hmph~"
She was thinking that she had already made over 100 million from the subscription, so she could afford to lose 4 million, even if it meant losing Guan Meiren!
It was with this mindset that the three of them, who were involved in stock trading, became exceptionally bold; Ms. Guan asked, "How much cash do we have left?"
Chai Xiaofen took out paper and pen and started calculating. She spent 602 million yuan on subscription certificates and more than 3.8 million yuan on IPO subscriptions, leaving her with 10 million Hong Kong dollars.
"Sister Lin, we have ten million Hong Kong dollars left, which we'll use for the next IPO subscription."
He Meitian, who was standing next to them, overheard the two of them discussing something about subscribing to new shares, saying that they had invested millions and made nearly twenty times their initial investment.
She was so shocked she couldn't close her mouth... she felt like she was about to become rich.
She invested 300,000 yuan, all of which came from her endorsement fees, and the account was also in her name.
Zhang San, Chai Xiaofen, and Guan Meiren all have mainland Chinese ID cards and are using He Meitian's account.
How much would that be?
Thinking about it, she felt like she had wasted her life. She didn't know making money could happen so quickly! Moreover, she heard when she got back that there was a singer who was much more famous than her, and he only earned tens of thousands of yuan for an endorsement, and he was very happy about it.
She dared not tell anyone about the 300,000 yuan, not even her parents; she was afraid of being told that she was being kept by a sugar daddy... Pshaw, she wasn't being kept at all.
Chai Xiaofen had no money to invest, so Zhang San lent her 200,000 yuan. Guan Dajie invested 4.5 million yuan, and the rest was all invested by Zhang San, totaling 20 million yuan. Moreover, Zhang San would take half of the profits.
My 300,000 yuan represents 1.5%, so how much profit will I make?
He Meitian started calculating. There were 200,000 subscription certificates, or 20,000 warrants. At 6,000 yuan per warrant, that's over 120 million yuan. And the stocks were currently worth over 80 million yuan, which is over 200 million yuan. In other words, he made over 3 million yuan from his 1.5%!
That's ten times more! That's insane... This was He Meitian's inner calculation as she was lost in thought. Neither Chai Xiaofen nor Guan Meiren noticed her expression.
"Let's sell them first. The money we have now might not be enough for our future needs," Chai Xiaofen said, feeling that she would need more cash later.
Taking advantage of a price increase makes it very easy to sell. Casual investors buy when prices are rising and avoid buying when prices are falling, while experts sell when prices are rising and buy when prices are falling. In the murky waters of the stock market, it's better to sell well than to buy well.
Zhang San has a guaranteed minimum of 1.2 million, so he's naturally not afraid. Let those three women do whatever they want.
Before Zhang San even left, they had already sold over 80 million worth of stocks. This sum of money is a huge amount, whether in mainland China or Hong Kong.
"Now I understand why Brother San wants to enter the mainland market. There are too many people here, more than a billion people. If each person spends ten yuan, that's more than 10 billion yuan. If each person spends one hundred yuan, that's more than 100 billion yuan."
Chai Xiaofen's sighs silenced the other two women. Yes, although things here were much cheaper than in Hong Kong, they still realized that this place was a gold mine.
Last year, Zhang San opened dozens of supermarkets in mainland China, and this year he plans to open another hundred. Moreover, this pace will only accelerate. This is because the retail industry in mainland China was at its most prosperous in the 1990s. In the new century, entertainment, online shopping, and live-streaming e-commerce have become the most popular trends.
However, all these supermarkets, whether in Hong Kong or mainland China, or sold directly to Walmart, will be a profitable business.
Thinking about how fast Zhang San made money, Guan Jiahui looked at He Meitian with some envy.
"Meitian, I really envy you. You met Stephen at the best age of your life."
He Meitian stared wide-eyed at Guan Meiren, not understanding what she meant, while Chai Xiaofen felt that she also had a chance!
However, seeing He Meitian's sweet appearance and Zhang San's past behavior, she understood that Zhang San liked He Meitian. Otherwise, he wouldn't have gone to Guangzhou and deliberately tricked her into coming here, which made her very envious.
Ultimately, she was neither his ideal woman nor his unattainable love.
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