Chapter 10 Layout of Carrian
After completing the follow-up of "The Legend of Qin", the first thing Mo Xuan did was to move out of his original residence with Xu Fan, rent two houses in a high-end residence on the broadcasting road, and move in.
The radio channel is called "Wutai Mountain" by people in Xiangjiang because it gathers five stations: Hong Kong Radio, Commercial Radio, Asian TV, Radio, and Jiayi TV.
Because of its special location, many celebrities live on the radio channel, even including some big stars in later generations. When Mo Xuan rented a house, he heard from the landlord that the person living upstairs of her was a certain celebrity.
This is also the reason why Mo Xuan chose to rent a living on the radio channel. If you live here, you might meet those big stars who are familiar to you in later generations one day.
As for why not buy a villa to live in, Mo Xuan has his own ideas.
It turned out that when he sorted out his memories, he found that there would be a major event that would have caused a sensation in Hong Kong in the near future, and it was even adapted into a TV series.
That is the famous Jianing Group fraud case.
The fraud case of Jianing Group is still maintained by many records of the Hong Kong Independent Commission Against Corruption. For example, the judicial process of the case lasted 17 years and the government litigation costs were about HK$210 million.
In addition, it set a record for the longest bail period of 13 years, the highest bail period, the longest extradition period of seven years and the largest number of co-investors.
Other amazing figures include the amount of loans involved in the case being calculated as the 1980s currency value exceeding HK$6.1 billion,
More than four million pages of evidence documents were involved in the case, and about 450 witnesses were received, 44 ICAC personnel participated, and 13,000 hours of investigating staff,
As well as other countries involved in the investigation of the case are Malaysia, Singapore, the United Kingdom, France, the United States, Switzerland, Australia and Germany.
The main brain of Jianing Group is Chen Songqing. In 1977, Chen initially established an insect-killing company, which became the "Jianing Group" the following year.
In 1979, it acquired a listed company and raised funds through a backdoor listing.
After several years, the group expanded rapidly through continuous mergers and acquisitions and transactions; during which time, it also borrowed loans from multiple financial institutions.
In 1980, Jianing Group became famous by Zhan Peizhong, who was called the "gold medal dealer" at the time, by manipulating the stock price, and made his stock price soar sixteen times.
It once rose from one yuan to 17 yuan to nine cents in November 1980, and became a myth in stocks that only rose but did not fall, and it won the general for a long time.
In 1981, Jianing Group claimed to make a profit of HK$2 billion, surpassing Kerry Road in one fell swoop. The ship king Bao Yugang and another Chinese rich man Li Jiacheng were almost the same as HSBC's profits back then.
Less than two years after it was listed, Jianing Group was able to become an equal company with Hong Kong's largest bank. Chen Songqing, a cross-river from Nanyang, was able to compare with Bao Yugang and Li Jiacheng. This myth is really amazing.
The rapid rise of Jianing Group surprised the market, its stock value continued to rise, and some short-term investors realized their dream of getting rich.
While Jianing’s business myths are talked about by people, what is unknown is that Chen Songqing is actually creating a big scam: Chen Songqing and his Jianing are dazzling subsidiaries, and their subsidiary companies manipulate stock prices.
By "buy yourself", a higher stock price can be maintained to achieve the goal of making money in the stock market.
Around 1982, the Chinese and British governments began to negotiate on the future of Hong Kong, and people still couldn't see clearly the future of Hong Kong. Real estate prices plummeted, and all walks of life were impacted.
Under the impact of this situation, the myth of the Jianing Group began to be shattered.
At the end of 1982, Jianing Group announced that its capital turnover was not working and its stock price plummeted.
Its main creditor banks proposed to liquidate Jianing. Although Jianing Group tried to turn the tide and tried to arrange debt restructuring with banks, the situation was over, and a once-powerful business kingdom collapsed.
Group executive Zhong Zhengwen left behind a loan guarantee of HK$1.6 billion and a debt of HK$2 billion, and first fled Hong Kong. Jianing's commercial fraud case broke out in full swing.
The myth of Jianing was shattered, the stock price fell to its historical lowest point, and the stock was worthless, and some investors who even had Jianing stocks jumped off the building and committed suicide.
What Mo Xuan has to do now is to short Jianing stocks before Jianing collapses, yes, short.
Short selling refers to expecting a future market decline, selling the stocks borrowed in your hand at the current price, and buying them after the market falls before returning them.
Mo Xuan plans to invest in futures trading, with high risks and high returns. As a reborn person, what can the high risks in others' eyes be considered by him?
After Mo Xuan decided to use the Jianing scam, he asked Xu Fan to buy stock market books and the latest newspapers every day so that he could make arrangements before the Jianing case occurred.
He devotes himself to learning stock market knowledge so that if there is an unexpected situation and he will try his best to be foolproof.
Mo Xuan always had the habit of preparing in advance in his past and present life. He firmly believed that more preparation is more hope for success.
...
Hard work pays off. On that day, Mo Xuan finally saw the news he had been waiting for on the headlines of major media and newspapers in Xiangjiang.
"British Prime Minister Sanchel is about to visit China" - Ming Pao
"Mrs. Sancheer will visit Beijing the day after tomorrow to meet with the leaders of Country Z." - "Sing Tao Daily"
"The British Prime Minister is about to go to China to negotiate with the leaders of Z on the issue of the ownership of Hong Kong." - Oriental Daily
At this time, Britain was at its peak. At the beginning of the year, a war broke out between Britain and Argentina over the sovereignty of the Mavenas Islands.
The war ended with Britain's victory, and Britain actually controlled the Mavenas Islands. This is the famous "Mark Island Naval Battle".
Therefore, British Prime Minister Sanchel decided to visit China at this time and negotiate with China with the momentum of winning the "Harvest Island Battle" to achieve the goal of refusing to return Hong Kong.
At this time, all walks of life in Xiangjiang were optimistic, and everyone felt that the UK would continue to manage Xiangjiang, and there was also good news in the TV and newspapers.
At this time, no one knew how wise and powerful the person who negotiated with Sancheer was. Everyone underestimated the determination and confidence of the descendants of Yan and Huang to safeguard the peaceful reunification of the motherland and take back the sovereignty of Xiangjiang.
But there are always some people in this world who are interested. Li Jiacheng may be one, and Mo Xuan is the same.
...
"Mr. Mo, you're not kidding!" Liang Wensheng asked Mo Xuan.
Chapter completed!