Chapter 150: Is it easy for me to fool you?

The reason why we wasted a lot of money and effort to ship the last BYD EVO from California to Hong Kong was that
It’s all because the big boss Fang Hexuan gave a death order.

After the car returned to Hong Kong, it was sent to the R&D center on Hung Hom Road for necessary status testing and maintenance.

It will then be sent to the basement of the Global Building for temporary storage.

When Fang Hexuan's island manor is completed, it will be displayed in his underground garage as a personal collection.

Next year, when the first 1.8L standard version of EVO rolls off the production line at Shenzhen BYD factory, it will also become one of the collections of the richest man.

After BYD’s first film experience, the company will set up a film and television group, which will serve as a professional technical team to connect with major crews.

Just inserting BYD advertisements in Hong Kong movies and TV series is enough to keep this group busy.

Fang Hexuan hopes that in the future, fans of Hong Kong films and dramas will be able to develop a good impression of BYD cars through these film and television works.

On May 5, director Wang Pangzi’s first film "The Thousand Kings" was released in Hong Kong.

As a fellow villager and boss, Fang Hexuan brought his family and Takakura Miki to the scene to cheer.

He didn't expect the fat boy's first movie to be a big hit, but as long as it didn't lose money, it would be worthy of the active support from the richest man.

In addition, DreamWorks also invited many stars to attend the premiere to promote the film.

Including Jackie Chan, Sammo Hung, Yuen Biao, Michael Hui, Sam Hui, Ricky Hui, Ti Lung, Chan Yan Kin, Chow Yun-fat, Angie Chiu, Tsui Hark and his wife, etc.

Even some TVB artists were taken advantage of by Fang Yihua to walk the red carpet.

For example, newcomers like Andy Lau who just joined the art training class and Felix Wong who has already graduated.

Since he is a director and talent valued by the boss, the newly appointed DreamWorks president Liu Tianci also attaches great importance to him.

The publicity and promotion before the premiere of "King of Thousand Kings" also enjoyed the same treatment as Jackie Chan.
Not only was the budget determined in advance, but DreamWorks' gold medal publicity and promotion team also personally took charge of the production, sparking a small gambling film craze across Hong Kong.

The success of "The King of Gambling" gradually gave Fatty Wang confidence in his creative ideas based on the theme of "gambling".

This led to the emergence of the A-grade production "God of Gamblers" which became popular in Asia.

On May 5, Jianing Group released its financial report, revealing last year’s profit situation to the outside world.

Although it was profitable overall, after the formal backdoor listing was successful and the stock price of Mei-Han Enterprise became Jianing Investment, it still dropped to HK$8.8 per share.

This is actually not the fault of the Jianing Group and Chen Songqing himself. Now, the overall trend of Hong Kong stocks has turned from bull to bear.

Unless they are Hang Seng Index component stocks, the share prices of most listed companies will fall from their peak.

This is true, but Fang Jinpeng's family, especially Ye Meifeng, who bought a large number of Jianing Investment stocks, began to feel uneasy.

The family's assets are only about 20 billion, and the liquid funds are even less.

At the end of September last year, in order to acquire all 9% of the shares from the "good guy" Fang, the richest man,
Ye Meifeng and her husband Fang Jiade can mortgage their hotels and trading companies to the bank.

At that time, when 5180 million shares of Jianing Investment were purchased, the purchase price was HK$13 per share.

On November 11 last year, when the share price of Jianing Investments rose to HK$5 per share, the couple excitedly told everyone they were investing and had made a lot of money.

It wasn't an exaggeration to show off like that at the time. After all, in just over a month, they made a huge profit of 2.53 million Hong Kong dollars, which was a lot of money.

Even if the Fang family worked hard for three or four years, they might not be able to earn as much money as they did in just over a month.

However, the excitement did not last long. 20 days later, the share price of Jianing Investments dropped from HK$17.9 to HK$11.3, a staggering drop. This frightened the couple so much that they almost had a heart attack.

Ye Meifeng questioned her youngest son Fang Jinpeng. After all, it was he who strongly recommended this stock.

Pengpeng, who has long followed the lead of his cousin, the richest man, has no way back. He can only go down the same path and cheat to the end.

He used his lying skills to comfort his mom and dad, saying that the decline of Jianing Investment was only temporary, their business was in good condition, and the stock price would go up soon.

Ye Meifeng and Fang Jinpeng, the couple, had no other choice. They had already suffered losses. If they did not continue to hold on but sold out their positions, they would be making losses even more severe.

After all, there has been no unfavorable news about the Jianing Group, and its founder Chen Songqing has been quite active in the media recently. Perhaps this is really a temporary technical adjustment of the stock market.

However, this self-consolation did not stop the downward trend of Jianing Investment's stock price.

From November 1980, 11 to May 26, 1981, a period of more than five months has passed, and the share price of Jianing Investment has continued to fall steadily, but the rate of decline is not as rapid and frightening as before.

But no matter how calm the Fang family couple were, they could no longer sit still.

Fang Jinpeng had no choice but to ask Mr. Fang, the richest man, for advice on how to continue fooling his father and mother.

Fang Hexuan just told him:

"You'll know right away."

The day after Fang Jinpeng went to meet Fang Hexuan, Sing Tao Daily published a news item - the richest man Fang was optimistic about the Hong Kong economy and planned to invest 100 billion Hong Kong dollars to buy the bottom of Hong Kong stocks and property markets.

Among them, Fang Hexuan also specifically talked about his several meetings with Chen Songqing during an exclusive interview with the newspaper.

He praised Mr. Chen for his outstanding business talent and personal charm, and firmly believed that the future of the Carrian Group was full of hope and beauty.

In order to prove that he was not talking nonsense, he personally confirmed that he had invested hundreds of millions of Hong Kong dollars to buy shares of Jianing Investment.

As soon as the news broke, Hong Kong stocks immediately rose 7.6% on the day from a slight decline.

After seeing this news, Fang Jinpeng finally felt relieved.

Now, we have an excuse to continue fooling people - even Fang Hexuan, a billionaire with a net worth of tens of billions, is optimistic about Jianing Investment. Do we, small households, have such a lack of judgment?
Ye Meifeng hated Fang Hexuan very much and wished that he would immediately become a pauper from being the richest man.

Therefore, since the other party is optimistic and knows that investing in Jianing can make money, is it really necessary for me to be so shocked?

It can be said that Fang Hexuan spent a lot of money to stabilize the Fang family and their parents-in-law.

First, he lost his reputation, which he had always valued.

Second, he actually used money to buy shares of Jianing Investment.

Of course, Mr. Fang also has unknown operations hidden beneath the surface.

For example, buying long Jiani Investment while selling short Jiani Investment.

The short selling part will naturally not be told to outsiders.

In addition, he invested 100 billion yuan and was really prepared to buy at the bottom. As for the timing, there is no need to tell the media and the outside world.

　Thanks to Limihong and book friend 20171029004947168 for their recommendations!

(End of this chapter)