Chapter 233: Saving the market? Or buying at the bottom?
In recent times, Asia Television has been promoting the broadcast of Justice Bao. Just from the intensity of the publicity, we can tell that Asia Television attaches great importance to it.

Liu Zhicheng is confident that people from both sides of the Taiwan Strait and Hong Kong, as well as places where there are Chinese overseas, will like to watch it, and it will definitely cause a viewership boom!
At the beginning of May, the Hong Kong government launched the first auction of three official sites in that fiscal year, and major real estate developers were sharpening their knives again.

Beforehand, Liu Zhiben didn't want to participate, but in the end he felt that it was better for him to "focus on participation" or else he would attract too much attention.

It can be said that Liu Zhicheng overestimated the market sensitivity of Hong Kong's major real estate developers.

They don't actually have 'too much' market acumen, and their previous success was not due to their foresight of the danger.

Instead, they maintain reasonable debt to hedge against risks, and once the market crashes, they show "amazing courage" to buy at the bottom.

Liu Zhicheng is different. He is very sensitive to the market. He can predict danger and reduce holdings in advance, and he can also buy at the bottom at the first opportunity.

With this ability, when faced with a big opportunity, he can make several times more profit than other real estate developers.

In the past three months, Huangpu Group has sold a large number of high-quality properties, which is no secret in the market.
No one thinks that there is any danger coming. It is like when the stock market is booming, even if the stock god comes out to advise investors, it may not be effective.

The scene of the Hong Kong government's real estate auction.

When Huang and his son saw Liu Zhicheng personally participating in the auction, they looked a little unhappy. They are good friends in real estate, but this guy is also a good friend in real estate.

The failures in previous confrontations (land auctions) have left them with a shadow.

Fortunately, Liu Zhicheng's performance today seemed to be weak, and he did not succeed in harvesting any of the three pieces of land.

On the contrary, the Huang father and son became more and more courageous after facing more setbacks. Today, they won two industrial land plots in a row, involving a capital of 2.1 million Hong Kong dollars.

The demand for industrial buildings in Hong Kong has been sluggish and the market has turned sluggish, but developers can choose to demolish industrial buildings and convert them into office buildings.

The Hong Kong government also began to accept the new concept of "integrated industrial and office buildings", allowing industrial landowners to apply to the Town Planning Board for a change in land use to build buildings for both industrial and office use.

Therefore, it is understandable that the Huang father and son spent 2.1 million Hong Kong dollars to purchase industrial land.

After the auction, Huang and his son came to Liu Zhicheng, and Huang Tingfang said with a smile: "Mr. Liu, do you seem to be dissatisfied with these three plots of land today?"

In fact, Liu Zhicheng was involved in the bidding of the last three or four companies. However, considering Liu Zhicheng’s close friends in the real estate industry, his performance today can naturally be considered poor, after all, he came in person!

Liu Zhicheng responded: "Industrial and residential land all need to consider short-term value and benefits, unlike commercial land. It's not that I look down on it, but Mr. Huang is so amazing. I admire him!"

It's a bit hypocritical, as others are obviously paying 30% or 40% more expensive!
Huang Tingfang felt somewhat proud inside, as he still felt somewhat regretful for his previous failures at the last minute.

But this time he managed to regain some face and did not tarnish his reputation as a "real estate friend".

"Mr. Liu, I heard that the land king of Huayuan Road will be released this month. If we join forces, it will be a sure thing."

If you can't beat them, just join them. This is also Huang Tingfang's real thought.

There are no eternal enemies in the business world, only eternal interests. What's more, we are not enemies.

It was just a competition at the auction, it was impossible to make enemies. Otherwise, Hong Kong would have too many enemies.

However, Liu Zhicheng was silent for a moment, then hesitantly said, "To be honest with you, Mr. Huang, the situation has been a bit complicated recently, so we have turned to a conservative investment strategy.

Therefore, the investment strategies of our two companies are different, so we can’t cooperate! ”

Huang Tingfang was stunned and asked, "What did Mr. Liu say?"

He felt that Liu Zhicheng was worrying too much, but he didn't say it out loud.

Liu Zhicheng nodded and said, "I'm not sure about this, so the Garden Road Land King is really too big an investment for us. I'm sorry, Mr. Huang, I have to reject your kindness!"

Huang Tingfang said quickly: "Mr. Liu is in a serious condition. I believe we will still have cooperation!"

Liu Zhicheng nodded and said, "Yes!"

This is true. If it were a large residential land auction, Liu Zhicheng might not be enthusiastic about it.

Because the cost is too high and the profit will not be too great, joint bidding will be the trend in the future.

In the later stage, including some large-scale commercial and residential land auctions, Liu Zhicheng will also win over allies and give up about 30% of his shares for bidding.

The reason is simple. We are all part of a consortium. If you want to have the best of both worlds, you will be easily attacked by the crowd in the future.

At the auction, everyone greeted each other and then dispersed.

Liu Zhicheng has achieved his goal today, which is to give everyone a feeling that he is "exhausted".

Then, when the bidding for the Garden Road land king begins, no one will target Liu Zhicheng.

The impression Liu Zhicheng gives people today is that he is neither pessimistic about the prospects of the real estate market nor does he have the "big-handed" style as before.

The next day.

Liu Zhicheng once again convened a secret meeting of the Whampoa Group.

Hao Qingwen has been under a lot of pressure recently and he doesn't look well.

Liu Zhicheng first showed sympathy to his subordinates: "I am very satisfied with the performance of your sales department. Just do your best in the future!"

Hao Qingwen quickly said: “Thank you for the compliment, boss! It’s mainly because some sensitive speculators and agents have become cautious, so sales are indeed difficult.

After all, we are concentrating the sales of the first eight months into the first five months of this year.”

Liu Zhicheng nodded. It seemed that Hao Qingwen was under a lot of pressure recently and he also knew that it was difficult to raise the issue.

However, Liu Zhicheng knew the situation. Hong Kong's speculators and agents were more sensitive than ordinary people.

Generally speaking, after a real estate crash, if speculators enter the market, it means recovery is about to begin.

After all, speculators and real demand in Hong Kong are half and half.

By the 1990s, speculators accounted for 70% of the purchases, while real demand accounted for 30%.

After the government introduced a number of measures, the situation has improved a little.

Therefore, if the high housing prices were all attributed to the real estate developers, I'm afraid Liu Zhicheng would cry out, "It's unfair, Mr. Bao!"

The British Hong Kong government accounts for 40%, Hong Kong speculators account for 30%, and real estate developers account for 30%. This is the best answer!

"Just do your best!" Liu Zhicheng said finally.

Hao Qingwen nodded!

Then, Liu Zhicheng said, "Starting from June, we can slowly increase the number of sites for construction. You must also be prepared!"

"No problem, I'll organize it!"

In the evening, Liu Zhicheng returned to Deep Water Bay after get off work. He is a wealthy business man who has relatively few social engagements.

Except for some important social events, which he would attend in person, he would decline all others and let senior executives represent the company.

How can one not be attached to a beautiful wife and concubines? Logically speaking, a couple should be together for seven years, but this is obviously not the case for Liu Zhicheng.

Because his time is diluted and distributed among each person, it would probably take 20 to 30 years of oxygen.

When Liu Zhicheng got home and stepped through the door, Yang Minli came forward, took his briefcase, put it away, and prepared slippers for him. She was quite welcome.

It's so rare for a woman to be the head of the household!

Even when Liu Zhicheng went to the bathroom, Yang Minli followed him and handed him a towel to wipe his hands.

These days are like a fairy tale!

"Wave!"

Liu Zhicheng first rewarded Yang Minli, and the woman immediately smiled as brightly as a flower.

"Brother Cheng, let's go shopping together this weekend?" Yang Minli said carefully.

Liu Zhicheng immediately asked: "Is there anything good for me?"

The words between husband and wife are just so casual.

"Hate it! You have the final say!"

"That's no problem!"

In terms of personality, Liu Zhicheng is exactly the same as other emerging wealthy people like Liu Luanxiong, that is, hedonism.

Many wealthy people in Hong Kong have this situation. Yang Shoucheng smokes more than 40 cigars a year, and cotton yarn king Chen Yanhua drinks mineral water worth 20 Hong Kong dollars from Okinawa Island, Japan every year.

Even people as stingy as Wang Dehui and his wife spend millions of Hong Kong dollars on their beloved dogs every year. They can be said to love their dogs like their own children.

The two came to the restaurant together, Liu Zhicheng sat down and began to enjoy the food!
The whole family sits together and has a happy meal. The children are taken care of by a nanny, who can hug them after the meal.

During the meal, Liu Zhicheng said, "The market will be volatile recently. If you have money in the stock market, withdraw it as soon as possible."

Yang Minli is now at home taking care of her husband and children, and has a lot of spare money. Liu Zhicheng knows that she seems to have hundreds of millions of Hong Kong dollars in the stock market.

This time, Liu Zhicheng planned to short the Hang Seng Index and launch a robbery.

Moreover, after this crash, Yang Minli can buy the stock market at the bottom.

Liu Zhiben himself bought villas, commercial buildings, blue-chip stocks and other large-scale commercial activities at bargain prices.

Clear division of labor, eat your fill in one go!

Yang Minli's eyes lit up. What the man said meant that it was an opportunity to sell high and buy low. It seemed that she would make a big profit again.

After dinner, the family came to the terrace, which faces the sea and has a swimming pool on each side, as well as a lawn and a pavilion.

The servants prepared fruits, snacks and red wine for them, while Liu Zhicheng took his wife and son to play in the water. This was the most wonderful life in the world.

The next day.

Liu Zhicheng came to Hongli Investment and asked Huang Zuxu, "How is the short selling of futures going?"

Huang Zuxu said quickly: "We have used multiple offshore companies and accounts. We have bought 3500 shares so far, with an average price of around 3130 points."

Liu Zhicheng nodded and said, "Stop after you buy 5000 tickets to avoid causing too much impact!"

Huang Zuxu immediately said: "Well, boss, don't worry, I will be more cautious!"

Of course he knew that given his boss's reputation, shorting futures was not a good idea. Although the investment was not much, he would still be criticized to some extent.

In fact, the principal of 5000 futures contracts is only about HK$1.55 million!
Liu Zhicheng felt relieved. Of course he wanted to earn more to support women. They were all expensive vases. The annual expenses would probably be 100 or 200 million Hong Kong dollars.

What's more, Liu Zhicheng planned to give each of these women a villa, which would be a huge expense even if paid in installments.

Therefore, he still planned to make less money by shorting futures. He calculated that he should be able to earn 3 to 4 Hong Kong dollars from one contract. A small profit of million Hong Kong dollars would not cause an overreaction in the market.

After all, the current daily trading volume is only around 3 contracts, and his is less than one-fifth of the daily volume!
When Liu Zhicheng had everything ready, the historic crash began to happen accurately.

Starting from May 11, the Hang Seng Index began to fluctuate and fall, with a single-day plunge of 9% and a single-day rebound of %, but the overall trend is downward.

For a time, many countries' consulates and related institutions in Hong Kong were overcrowded, and people were anxiously inquiring about or handling immigration procedures.

Some media language: Hong Kong capital will soon flee in large quantities, and all that will be left are poor people and a depressed cityscape.

Real estate prices also fell, with almost no one visiting major sales offices! On the contrary, major real estate agencies were overcrowded with people looking to sell properties.

Another week has passed in the blink of an eye.

Monday, April 6th.

In the morning, Liu Zhicheng came to the trading room of Hongli Investment, which is an internal trading hall. Each trader has a computer and a phone, and opposite him is a corresponding securities broker.

Huang Zuxu was beside Liu Zhicheng and said, "Boss, the market opened down 580 points today. The market is in a state of panic."

Liu Zhicheng nodded and said calmly: "When others are panicking, I am greedy, and when others are greedy, I am panicking. Buy stocks in the market immediately, Cheung Kong, Sun Hung Kai, Henderson Land, Hang Lung, Hang Seng Bank, Hutchison Whampoa. Remember, don't buy New World Development!
In addition, buy a large number of December futures contracts. This time, a total of 12 billion Hong Kong dollars of securities investment (no one dares to give leverage at this time). Don't panic, so as not to cause too much alertness in the market. Anyway, this month is full of opportunities! "

Huang Zuxu couldn't help but admire his boss's "speed, ruthlessness and accuracy". Even though the market was so panicked, his boss didn't see any fluctuations at all.

"Don't worry, boss. The market is so tight right now that we can buy boldly today!" Huang Zuxu said confidently.

Liu Zhicheng nodded, and Huang Zuxu quickly began to arrange for the traders to work.

Soon, traders at Hongli Investment began looking at stock prices on their computers (which could only display one stock, in black and white, all in English and numbers), and then picked up the phone to call brokers on the Stock Exchange's trading floor.

On the other hand, the stockbrokers at the Stock Exchange were already filled with despair.

It was as if it was the first trading day after the Hong Kong Stock Exchange was closed for four days during the August 7 stock market crash, and the market opened with a sharp drop.

The same thing happened today, with the market opening plummeting 21%, a full 580 points.

Let’s not talk about buying at this time. The key is that a large number of calls came in, wanting to sell stocks, and the brokers could only tell them that they couldn’t sell them!

At this time, a broker received a call and instinctively said, "It can't be sold. People are running away today!"

He could only advise his clients to stay calm to avoid a bigger crash.

"Hongli Investment, buy 1000 lots of Cheung Kong Industries (200 shares/lot, 5.8 yuan per share)"

"What? You want to buy it. All right, Hongli Investment, I know, I'll arrange it right away!"

After quickly hanging up the phone, the broker suddenly felt like a victorious general. This was a big deal!
Of course he was familiar with Hongli Investment, as it was Liu Daheng’s private investment company!
Is Mr. Liu going to save the market?

(End of this chapter)