On August 1, Meihan Company held a shareholders' meeting and passed three resolutions submitted by the board of directors with high votes. Meihan officially changed its name to Jianing Real Estate and will distribute dividends of 7 cents per share on August 11, and at the same time, bonus shares will be distributed at a rate of 3 shares per 5 shares.

These good news, combined with the latest transaction progress of Kinmen Building, which was constantly leaked by Hong Kong media, finally prompted the stock price of Jianing Real Estate to begin to enter a rush mode like a crazy bull.

By the close of August 11, the stock price of Jianing Real Estate stopped at a high of 16.8 yuan. The dividend stocks needed to be ex-rights, which was equivalent to a stock split. After the ex-rights the next day, the stock price of Jianing Real Estate was adjusted to 10.5 yuan.

At this time, the stocks in Zhouyang Securities account had soared to 350,000 shares, but Chen Songqing's hype journey was not over yet. On August 4, Jianing Real Estate issued an announcement that it would transfer all the rights and interests in the Kinmen Building in Kinmen Building to Baishunning Group at a price of HK$1.18 billion.

It's not over yet. It's only three days after the old announcement was issued, and Jianing Real Estate issued a new statement. Baishunning Group determined all rights to acquire Kinmen Building, so the final transaction price was adjusted to HK$1.68 billion.

Jianing Real Estate said that the other party had paid the deposit and the transaction would be completed before November. In other words, Chen Songqing made a huge profit of HK$680 million after only holding the Kinmen Building for less than 4 months.

This incredible news caused the share price of Jianing Real Estate to soar to HK$15.4, equivalent to RMB 24.6 before the bonus shares were paid.

In other words, Chen Songqing Holdings Holdings pushed the stock price to four times its original price in less than nine months. At this time, the market value of Jianing Real Estate had expanded to HK$3.6 billion.

After distributing bonus shares, Jianing Group held 170 million shares of listed companies, with a market value of up to HK$2.6 billion. This is far more than the 1.5 billion Hong Kong dollars invested by Chen Qingsong. He can be said to have completed an extremely exciting game of making money from nothing.

The story surrounding the Kinmen Building is finally coming to an end.

Zhou Yang also decided to escape successfully. He shorted all 350,000 shares of Jianing Real Estate stocks within the price range of 15.1 to 15.2 yuan.

After removing the funds from leveraged loans and deducting financing interest rates, stamp duty, commissions, etc., the amount of cash that Zhou Yang’s account can finally withdraw is frozen at HK$2.65 million.

After the transaction accounts were settled, the person in charge of calling Zhou Yang was Wei Changhong, the boss of Changhong Securities. Zhou Yang's habit of going to Changhong Securities to pay for the daily orders was only two weeks, and he did not dare to go again.

Because as the stock price of Jianing Real Estate continues to soar, whether it is a customer or an employee in Changhong Securities, the look he looks like looking at the God of Wealth, which is a bit scary.

Because of Zhou Yang, Changhong Securities made great profits this time. A large number of customers and even employees bought the stocks of Jianing Real Estate under the leadership of Zhou Yang.

Before stock trading was fully computerized, the commission fees of securities companies were quite expensive. Most of the commission ratios of securities companies in later generations were around 2/1000 to 3/1000.

The commission in 1980 was ten times more expensive than forty years later. A large-scale and well-known brokers like Sun Hung Kai, with a commission ratio of 2.5% to 1,000.

For securities companies like Changhong Securities, which are not very large, the commission rate will be lower, and only 20,000 is charged. In order to retain Zhou Yang, Boss Wei spoke out and exempted the commission. He also said that the leverage can be increased to 7 times in the future, and the financing interest rate can also be given a 30% discount.

This condition is extremely generous, but Zhou Yang’s next goal is not just Hong Kong stocks, but Wall Street is the financial center of the world.

So he finally decided to transfer 2 million Hong Kong dollars, leaving only 650,000 in Changhong Securities' account. The investment style of this part of the funds was no longer as radical as before.

Zhou Yang only added 2 times of leverage and bought stocks of leading real estate stocks such as Land, Hutchison Whampoa, Cheung Kong, and Henderson Whampoa. Although Hong Kong stocks are in a bull market, the Hang Seng Index is also rising in waves while there are ups and downs.

The previous Jianing Real Estate was just an isolated case. The major shareholder Chen Songqing did not allow the stock price to fall, so even if Zhou Yang increased the leverage to 5 times, there was no risk.

As for other stocks, he dare not play like this. If the leverage is too high, the position may be directly breached after a sharp drop.

After the continuous surge in June and July, the Hang Seng Index began to vomit in August. It was not until the big news that Jianing Real Estate sold Kinmen Building at a sky-high price of 1.68 billion was exposed that the Hang Seng Index stopped its decline and turned around and rose again.

The most affected by the positive news of Jianing Real Estate are naturally other real estate companies in Hong Kong stocks. This bull market in Hong Kong stocks is also mainly caused by the prosperous real estate market, so Zhou Yang decisively bought real estate stocks with full positions.

But this time, he was not going to change hands in the middle of the game, just hold it quietly. Anyway, even if there is a pullback in the middle, he didn't believe that the stock prices of these large-cap stocks could not be cut directly.

Otherwise, it would not be a bull market, but a stock market crash. After this round of upsurge, Zhou Yang would clear the stocks at once.

So after he stretched his position, his attention was removed from the Hong Kong stock market. He would only check the price changes of these stocks after the closing of the day.

Zhou Yang has not had many deep memories of the major historical events in 1980. Apart from information such as the Moscow Olympics that have nothing to do with investment, the ones who are more impressed are the Hunter brothers silver futures case and the Iran-Iraq War.

The Hunt family was originally engaged in oil, but later they focused on precious metals with severe price fluctuations. However, gold has always been used by central banks in various countries to stabilize the currency value. Not only does it have a large global reserves, but it also has a great political influence, making it too difficult to manipulate.

So the Hunt brothers finally chose silver. Since last summer, they have joined forces with Saudi capital to enter the market from $6 per ounce, constantly pushing up the price of silver.

By mid-January this year, the price of silver had soared to a sky-high price of $46.8 per ounce. All shorts in the silver futures market were swept away by the Hunt brothers, and finally forced the New York Metal Exchange (COMEX) to end directly.

On the one hand, COMEX stipulates that silver futures only allow liquidation and no new positions are allowed; on the other hand, it significantly increases the margin amount of each contract.

The Hunt brothers collapsed immediately under the official targeted attack, and the price of silver plummeted from a high of $46.8 per ounce in the following two months to only $10.4 left.

When silver plummeted, Zhou Yang was still brushing plates in Chinese restaurants in Chinatown, New York, so he naturally couldn't participate in this crazy precious metal speculation frenzy.

When he began to collect various information on the New York Mercantile Exchange some time ago, he found that the price of silver was almost falling back to the level of last summer. However, gold, which had stepped out of the same surge and plummet curve as silver in the early stage, parted ways with silver since April.

The price of gold rose from less than $500 per ounce at its low in April to around $670 at its high in June. This price has even exceeded the highest price when the gold price soared at the beginning of the year.

From June to now, the price of gold has been fluctuating up and down at a high of US$650 per ounce, which is somewhat different from Zhou Yang's perception.

In his memory, since the gold and silver surge in early 1980, the price of gold has been falling all the way until it was not until the 21st century that it experienced a surge and plummet again.
Chapter completed!