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MTL - Rebirth of Hong Kong 1981-Chapter 39 Arrive in Kuwait
Chapter 39 Arrival in Kuwait
The Kuwaiti government's move is somewhat similar to the crisis that Xiangjiang encountered in later generations. In order to ensure the continued prosperity and stability of the Hong Kong economy, the mainland government directly used foreign exchange to entrust the market.
In this way, investors are unscathed or not hurt by it, which naturally aggravates the fluke.
Because of the government's support for the market, many Kuwaiti people began to hold their dollars high, opening a series of stock market myths.
You must be familiar with the word “shanzhai”, right? Shanzhai mobile phone, Shanzhai shoes and clothes, Shanzhai all kinds of famous brands…
However, have you ever heard of the term copycat stock market?
Yes, this group of Kuwaiti people who used to let go of camels started the strange incident of the copycat stock market after they disliked the lack of stimulation in the domestic stock market.
And where Yang Chen is going now is this copycat stock exchange created by the Kuwaiti people in the 1980s.
Because it is not influenced and controlled by the government, this copycat stock exchange staged dazzling stock market myths every day.
Although this stock market is a copycat, the money in the stock market, before the bubble is burst, the green dollar is still quite tempting.
The richest people from all walks of life in the Middle East gathered, and then created the third largest stock market in the world.
Yang Chen, who came from later generations, clearly remembered a report that the Kuwaiti people entered a state of madness in 1981, one year before the bubble came.
Many company stocks, doubling in a month, or 10 times are not a dream.
In particular, the share price of one of the companies called Gulf Industrial Development Corporation even recorded a fifty-fold surge in one month.
And this time Yang Chen is here for this stock, and the profit will be increased by fifty times in a month. Although this kind of thing has not happened before, but if you want it to happen in just one month, it is really Rare.
For Yang Chen, who is thinking about fighting against the four major grain merchants in the future, this stock is definitely not to be missed.
The Middle East, as a place full of oil and dollars, no bank in the world will miss it here.
As early as two days ago, Yang Chen had already used HSBC to convert the 18 million he won back from the casino, plus the 12 million he had borrowed from HSBC, a total of 30 million Hong Kong dollars. more than six million dollars.
After getting off the plane, Yang Chen, accompanied by Chen Aiguo and several others, checked into a hotel near the Kuwait Soukal-Manakh Exchange through the introduction of HSBC.
After a day's flight, although he was a little tired, Yang Chen still insisted on taking over from Chen Aiguo the information about the companies listed on the Soukal-Manakh Exchange and the companies to be listed that were prepared for him by HSBC.
For Yang Chen, a little rich man with US$6 million and HK$30 million, HSBC did not take it lightly.
Everything that Yang Chen needs, what HSBC can provide, basically does its best to provide it, and it is also very detailed.
A lot of English materials, if it wasn't for the fact that his predecessor grew up in Xiangjiang and had a solid foundation in English, this pile of materials would be enough for Yang Chen to have a headache.
Turning over the pages, Yang Chen didn't get to know these companies carefully, and if it wasn't a company in his mind, Yang Chen basically glanced at it and threw it away.
Soon, Yang Chen found a company whose stock price skyrocketed fifty times in a month on a list of companies to be listed.
Seeing that this company will be listed on the exchange in two days, Yang Chen did not go to see other information.
Looking at the information in his hand, Yang Chen seemed to have seen a pile of green dollars and was waving at him.
…
Two days passed in a blink of an eye. During these two days, Yang Chen got a detailed understanding of which Gulf Industrial Development Company he valued through HSBC.
After learning that the market value of the other party is about 30 million US dollars (fictitious, the exact amount is not clear), then 3 million shares of the company will be issued in the stock market, and the issued shares will account for about 30% of the company's equity.
To Yang Chen's surprise, HSBC actually inquired about the other party's issued share price.
10 dollars per share, that is to say, the market value of which company Yang Chen valued tripled when it was issued.
Although is more than three times, this issue price is already considered a conscience price in the Kuwait Soukal-Manakh Exchange.
You must know which company Yang Chen values is not a shell company, but a real company that has a certain reputation in Kuwait.
The reason why the company has not been listed before is also because of concerns that the Soukal-Manakh exchange has not been recognized by the government.
But when he saw that a number of listed companies on the exchange were sought after by people, and the company's market value had doubled, the backstage bosses and shareholders of which company Yang Chen had a crush on began to sit still.
There is no capitalist in the world who is not interested in money. The reason why they were not interested in the past was just because the profit was not enough. Once the capitalist sees the profit, they will do everything.
Around eight o'clock in the morning, Yang Chen took Chen Aiguo to the hotel restaurant for dinner. Next, he needed to go to HSBC to help him acquire the company stock he needed.
As for why Yang Chen didn't go to the exchange to buy it himself, the reason was very simple, because as a foreigner, he wanted to buy the stock of the other company directly on the exchange. The process was too troublesome and the speed was slow.
Instead of that, he did not directly spend some handling fees and let HSBC help him to acquire it as an agent.
has the golden signboard of HSBC, if Yang Chen wants to acquire the stock of the other company, it is much simpler.
After eating, Yang Chen glanced at Chen Aiguo who was already sitting upright, and seeing that he had been looking around vigilantly, Yang Chen said, "Uncle Chen, let's go."
"Okay, boss" Hearing Yang Chen's words, Chen Aiguo nodded and followed in his footsteps, the distance between the two was only a few steps.
Since Yang Chen won more than 10 million bets at the Lisboa Hotel, Yang Chen greeted his future father-in-law and asked Chen Aiguo to come over.
Now Chen Aiguo's salaries are paid by Yang Chen, so Chen Aiguo's name for him has naturally changed.
Especially after Yang Chen asked Chen Aiguo to come over from his future father-in-law, he also asked him to contact the family members in the mainland, and planned to bring the family members of Chen Aiguo from the mainland to Xiangjiang for resettlement.
Through this move, Chen Aiguo's good impression of Yang Chen suddenly soared.
In addition, Yang Chen was more polite to a few people in the past, and he was not like many people from Xiangjiang, because they were from the mainland and looked down on them.
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(end of this chapter)