Font
Large
Medium
Small
Night
Prev Index    Favorite Next

448 [hype]

After Ye Jin and Li Chaoren got angry, Li Chaoren knew that Ye Jin's advancement to the board of directors was basically an irreversible fact.

Although he was a little dissatisfied with Ye Jin, the uninvited guest, he still conservatively welcomed the arrival of this mascot. Ye Jin, a big star, invested by a wealthy man, and joined Changjiang Industrial, is worth making a big fuss for him.

Li Chaoren is preparing to use this matter to hype it up.

He asked colleagues from the company's public relations department to conceive a plan, and then told Ye Jin about the plan through Dewylen.

If Ye Jin is willing to cooperate with his hype, then he promises to re-elect the board of directors immediately and welcomes Ye Jin to join the board of directors!

After seeing his hype plan, Ye Jin couldn't help but admire Li Chaoren's skill. As expected, he was good at seizing opportunities and changing with the wind.

This speculation plan is indeed conducive to improving Cheung Kong's fame and stock price, and is not a bad thing for Ye Jin, who is the major shareholder.

Therefore, after considering it, Ye Jin decided to cooperate with Li Chaoren's performance.

...

Two days later, news came from the market that the emerging tycoon Ye Jin was optimistic about Cheung Kong Development and absorbed Cheung Kong stocks with big money.

This news quickly attracted the attention of the market.

As a global movie star, Ye Jin is a rising tycoon in Xiangjiang, and his every move is very popular. He is indeed worth billions of dollars, and he is considered a rich man in Xiangjiang.

He is optimistic about Cheung Kong's long-term development and is willing to absorb Cheung Kong stocks. This is definitely a good news for Cheung Kong.

If this news is true, then Cheung Kong's stock price will inevitably soar in the future. If you take advantage of this easterly wind and board this sailboat, you will not dare to say how much you make, at least you can make a small fortune.

Therefore, both institutions and retail investors are interested in this. Those with a way to confirm the authenticity of the news, while those with no way to start keeping a close eye on the stocks.

Soon, the fact that Ye Jin held a large amount of Changshi stock was confirmed.

After all, there is no airtight wall in this world. As long as you are willing to spend money, there is no news that you can't buy.

In the next few days, the trading volume of Cheung Kong stocks has also been rising steadily. Usually, the daily trading volume is only a few hundred lots, but the daily trading volume in the past few days has exceeded 1,000...

With the surge in trading volume, Cheung Kong stock price gradually climbed from five yuan to three millimeters, and the stock price rose by more than 10%, which also confirms that there are indeed big investors absorb Cheung Kong stocks.

At this point, both institutions and retail investors believed the news.

...

Next, the media's interview with Ye Jin completely consolidated the news.

"Mr. Ye, I heard that you are quite optimistic about Changjiang Industrial and are absorbing its stocks recently, right?" asked a reporter from Xinbao.

Changjiang Industry is not a first-tier real estate company in Xiangjiang. Because in Xiangjiang, there are more than a dozen large real estate companies such as Land, Jardinet, Swire, Hutchison Whampoa, Huidefeng, Sun Hung Kai, Hoh Hokkien, Eagle Lord, and Henderson.

Among them, there are many giants founded in the 19th century and have a history of nearly a hundred years. These companies have great wealth and accumulated a lot. It seems that Xishen started his business and owned the entire land of Liyuan Mountain.

This land was purchased by Lixishen for HK$3.2 million in 1923. It is located in the southwest of Causeway Bay, covering an area of ​​200 acres. At that time, it was a barren mountain, but now it is a land of every inch of land. This land alone is now worth hundreds of billions of Hong Kong dollars. Most of the properties on it were developed by Xishen Industrial and its profits are predictable.

In comparison, although Li Chaoren started out with plastic flowers and is known as the [Plastic Flower King], he has only been involved in real estate for only 20 years, and is far less rich than those old real estate giants.

Moreover, Cheung Kong's market value is only of medium size among many real estate companies in Xiangjiang. For example, Real Estate, Jardinet, Swire, etc., the market value is already ten figures, reaching billions.

Compared with them, Cheung Kong is simply a small matter. Therefore, Ye Jin chose it to invest, which is really difficult to think about.

"Yes, I think Cheung Kong's development in recent years has been very stable." Ye Jin nodded with a smile, "When it went public in November 1972, the legal capital was only HK$200 million. Now, after four and a half years of development, especially after the stock market crash in 1973 and the oil crisis in 1974, its current market value has reached HK$530 million, up by 3.4 times, and the net profit last year was HK$58 million. I think such a real estate company with stable development and excellent performance is very valuable for investment."

After hearing this, the reporters thought it made sense.

Investment does not mean investing in which company is big, but the key is to develop. From 1972 to 1977, Cheung Kong's market value has increased by more than triple, with an annual net profit of 58 million Hong Kong dollars. Such performance can be considered very good.

Ye Jin invested in it, and it can be said that he was very insightful.

...

After the launch of this interview with Ye Jin, various investment institutions and retail investors couldn't help but pay attention to Cheung Kong's financial reports.

Over the past few years, its development has indeed been very steady and solid, and it has reached a high level step by step.

After listing in November 1972, Cheung Kong successfully raised 84 million Hong Kong dollars. After the stock market crash in 1973, the property market in Xiangjiang collapsed. Cheung Kong took advantage of the low price to buy land, buy property, and make a big profit.

In 1974, it sold 1.1 million new shares, raised 15 million Hong Kong dollars, and acquired Zhonghui Building; in 1975, it jointly developed the North Point property with the Canadian Imperial Commercial Bank, each obtaining a net profit of 65 million Hong Kong dollars; in 1976, it spent 260 million Hong Kong dollars to acquire Yonggao, and acquired the property rights of two hotels; in the same year, it cooperated with Sun Hung Kai, Chow Tai Fook and other groups to jointly develop the former site of British American Tobacco Company and rebuilt it into Luoke Building and Elizabeth Building, making a profit of 35 million Hong Kong dollars...

From these investments, we can see that Cheung Kong is indeed a good idea to make money. Even in the stock market crash in 1973 and the oil crisis in 1974, its development has not stopped, but has become very exciting.

A company like this naturally has the value of investment.

Seeing this, various investment institutions and retail investors couldn't help but become interested in Cheung Kong and followed suit. So in the next few days, Cheung Kong's stock price soared rapidly like a rocket, and in just three days, it rose by 45%.

The hype plan was initially successful.

Li Chaoren also fulfilled his promise and then held a shareholders' meeting to re-elect Changshi's board of directors.

As a major shareholder, Ye Jin spoke to the majority of shareholders at the shareholders' meeting.

He praised Li Chaoren's investment vision, imagined the prospects for future development, and played a hymn to Changjiang Industrial.

Subsequently, Ye Jin was successfully elected as the director of Changshi.

After the shareholders' meeting, Cheung Kong's stock price rose again, doubling compared to before, and finally being qualified to become a large real estate company.
Chapter completed!
Prev Index    Favorite Next