Chapter 28 of 100
Chapter 28
8 min read1,937 words
Wang Yunlong frowned and thought for a moment before asking, "Are you deliberately trying to drive them away?"
Zhou Ming nodded and said, "Yes, but I am indeed from the mainland, and I came to Hong Kong to trade stocks. What do you think?"
"As long as you open an account and have real money to make effective trades, I can earn my commission. You are my client, and I don't care whether you are from the mainland or anywhere else." Wang Yunlong replied. After a moment's thought, he added, "Moreover, I can sense that you are different from other mainlanders I have met."
"It seems you have a clear understanding. However, before opening an account, I want to test your capabilities as a client manager. Are you interested in having a chat at the coffee shop across the street?" Zhou Ming asked.
Wang Yunlong nodded and agreed.
Zhou Ming and Lin Muqing led him to the coffee shop and sat down. Each of the three ordered a cup of coffee. Zhou Ming said to Wang Yunlong, "I know Hong Kong people have a strong bias against mainlanders, but now I hope you can put aside this bias. We are just in the process of mutual evaluation. I am evaluating my client manager, and you are evaluating your client."
Wang Yunlong agreed with Zhou Ming's statement. Zhou Ming then asked, "Since you want to get me to open an account, and you claim to provide the best service to clients, I want to know your views on the current Hong Kong stock market. Just share your thoughts."
This was undoubtedly a broad topic, but Zhou Ming believed that if Wang Yunlong was indeed the Eastern Stock God of twenty years later, he would know where the key points were.
Sure enough, Wang Yunlong organized his thoughts for a moment and then began to explain to Zhou Ming, "Sir, I believe that since the resolution of the handover issue, the Hong Kong stock market has been on a steady upward trend."
Zhou Ming responded with an "Oh" and asked, "Can you tell me the basis for your judgment?"
"The market," Wang Yunlong said. "Currently, land supply in Hong Kong is very scarce, but land is the most valuable asset. Therefore, major Hong Kong conglomerates are acquiring listed companies that hold land. For example, the ship king acquired a Jewish company two years ago, Hong Kong Land and Hong Kong Entertainment jointly shorted the stock of Hong Kong Gas last year, and this year, Li Cheng's Changhe Industries purchased dock land and acquired Hong Kong Electric. These actions indicate a positive outlook on the market, and the Hong Kong stock market has been rising steadily supported by these favorable news."
Zhou Ming nodded and then asked, "What about your predictions for the future? For example, if I were to open an account, what advice would you give me?"
"If we're talking about the future, I would encourage you to continue buying stocks in real estate companies, such as Changhe Industries. From last year to this year, Changhe Industries has made many acquisitions. I believe that Changhe Industries' financial situation is now at its bottom, and they need to raise a large amount of capital from the public. Otherwise, they will find it difficult to continue." Wang Yunlong analyzed.
After listening to Wang Yunlong's market analysis, Zhou Ming was completely convinced that he was the Eastern Stock God of twenty years later. Without even mentioning other aspects, just the prediction of Changhe Industries' capital raising was very accurate.
So Zhou Ming stood up and extended his hand to Wang Yunlong, "Your analysis is very impressive. I have decided to open an account with you."
Wang Yunlong shook Zhou Ming's hand, "Thank you for your trust and support, sir!"
Subsequently, Zhou Ming followed Wang Yunlong to his securities company and opened an account. According to the agreement, Zhou Ming first transferred 20,000 Hong Kong dollars to the linked bank account and, following Wang Yunlong's advice, bought 20,000 Hong Kong dollars worth of stock in a company called Xinli Real Estate. Zhou Ming also signed a private agreement with Wang Yunlong, allowing him to operate the account on his behalf, with Zhou Ming bearing the profits and losses.
After leaving the securities company, Lin Muqing couldn't help but ask Zhou Ming, "Zhou Ming, you really trust this Wang Yunlong?"
Zhou Ming smiled inwardly. He knew Lin Muqing had wanted to ask this question for a long time but couldn't bring it up in front of others. Now that they were alone, she naturally asked.
"Actually, it's not so much about trust. I'm just giving him control of my stock account. He can trade on my behalf, but he can't withdraw the money. What's there to worry about?" Zhou Ming said.
"But the contract says he can take a commission on each trade, right?" Lin Muqing asked.
"Are you worried that he might frequently trade to earn more commissions?" Zhou Ming asked, and Lin Muqing nodded. Zhou Ming replied, "Isn't that like killing the goose that lays the golden eggs? Moreover, there are limits on the number of trades in a stock account. Even if he had such intentions, he couldn't really do it. Besides, I only invested 20,000 Hong Kong dollars, so it's just for fun."
"That's good."
Lin Muqing sighed in relief. While blaming herself for worrying unnecessarily, she also decided to read more books about finance during her stay in Hong Kong. She didn't aim to become an expert, but at least she didn't want to be completely clueless and fall behind this man.
Thinking this, Lin Muqing asked Zhou Ming to take her to the Hong Kong library in the afternoon to borrow books. However, Zhou Ming didn't want Lin Muqing to become a stock market expert. He hoped she would leverage her strengths as a woman and become a senior administrative manager.
Following Zhou Ming's advice, Lin Muqing borrowed several books on administrative management and secretarial work. Faced with Lin Muqing's stubbornness, Zhou Ming had no choice but to let her do as she pleased.
That night, Lin Muqing came to Zhou Ming's room to read. She said she wanted to be able to ask Zhou Ming questions whenever she didn't understand something, which would be more convenient.
They say a man's focused expression is cool, but a woman's focused expression is no less impressive, especially a beautiful woman like Lin Muqing. With Lin Muqing in the room, Zhou Ming couldn't focus on watching TV and kept sneaking glances at her.
At around 9 PM, Lin Muqing was about to go back to her room to sleep when Wang Yunlong's phone call came. In the call, Wang Yunlong said, "Mr. Zhou, I'm sorry to disturb your rest. I am analyzing today's market trends and have noticed that someone is acquiring stocks in Hong Kong Asia Bank. Although the actions are not significant, a considerable amount has been acquired. I believe this could be a precursor to a new round of acquisitions. I think you should follow this. As long as you sell before the major players cash out at a high price, you can make a lot of money."
"Can you explain your judgment or provide any other information to support it?" Zhou Ming asked.
"There is no other information. If there were, it would mean the major players are about to cash out. Today's trading volume of Hong Kong Asia Bank is abnormally high, at least twice the average. I believe this is a continuation of the internal conflict at Hong Kong Entertainment." Wang Yunlong replied.
Zhou Ming said, "I trust your judgment. After the market opens tomorrow, you can operate on my behalf."
Wang Yunlong agreed, and Zhou Ming hung up the phone. Lin Muqing, seeing Zhou Ming hang up, asked, "What are you thinking, Zhou Ming?"
"I'm thinking that no one can succeed easily," Zhou Ming said with a smile, a statement Lin Muqing didn't quite understand. "Without any news, Wang Yunlong can still identify and analyze a stock with abnormal trading volume. It's clear he keeps detailed records of the market every day; otherwise, he couldn't do this."
"But isn't it good that he is serious and meticulous? That way, he can make more money for you!" Lin Muqing said.
"That's true," Zhou Ming laughed. However, Lin Muqing's statement made it sound like the future stock god was working for him, which was an enticing idea, and he could think of ways to make it happen.
The next day, under Zhou Ming's approval, Wang Yunlong bought all the Hong Kong Asia Bank stocks. Sure enough, within three days, the stock price of Hong Kong Asia Bank started to soar, with a 10% increase for four consecutive days.
Seeing this, Lin Muqing jumped up in excitement, "That's great, Zhou Ming! Our stocks have risen so much. In less than a week, we've made nearly 10,000 Hong Kong dollars!"
Zhou Ming was also very satisfied with the increase, thinking that Wang Yunlong, the future Eastern Stock God, was indeed skilled in market analysis.
Zhou Ming happily told Lin Muqing, "Hong Kong is a shopping paradise, and many things here are very cheap. Now that someone is helping us make so much money in the stock market, we can indulge in some shopping."
"Really? Thank you! Anyway, you're such a big boss, you don't care about this amount of money," Lin Muqing said happily.
When it comes to the most famous shopping areas in Hong Kong, the most well-known are Central, Causeway Bay, Tsim Sha Tsui, and Mong Kok. Zhou Ming and Lin Muqing lived in Central, and they had already visited the malls there, so there was nothing new to see. As for Causeway Bay, it reminded Zhou Ming of Brother Hao Nan, so he decided not to go there. Therefore, Zhou Ming and Lin Muqing chose to go shopping in Tsim Sha Tsui.
Exiting Tsim Sha Tsui MTR station, Zhou Ming and Lin Muqing felt as if they had entered another world. Although it was as bustling as Central, Tsim Sha Tsui was different. Central, as the financial center, had many modern skyscrapers and office buildings, while Tsim Sha Tsui retained more of the old-style buildings, giving it a distinct era-specific charm.
Zhou Ming and Lin Muqing first went to the Peninsula Mall, which was part of the Peninsula Hotel and specialized in mid-to-high-end clothing.
Unlike the mainland, the market economy was deeply ingrained in Hong Kong. As soon as Zhou Ming and Lin Muqing entered the mall, a salesperson greeted them and introduced various clothes to Lin Muqing.
The salesperson first brought a dress, then a business suit, but Lin Muqing shook her head with a smile. Zhou Ming was a bit puzzled, "Muying, you don't like them? I think you would look very beautiful in those clothes!"
"Maybe, but you haven't seen the price tags. They cost over 10,000 Hong Kong dollars each. Your financial business hasn't started yet, and we have limited funds, so let's not spend money on unnecessary things," Lin Muqing said.
"Muying, you're worried about the money, right?" Zhou Ming said. "Do you know, I once vowed that in my hands, money would never be a problem. I will buy those clothes for you."
"Zhou Ming, what are you planning? If you touch the money for your financial business, I won't talk to you!" Lin Muqing said seriously.
Zhou Ming replied, "Don't worry, Muying. Even without touching that money, I have a way to buy those clothes for you."