MTL - Rebirth of Hong Kong’s Glorious Era-Chapter 15 the situation is not right

After a night of silence, Zhong Chuhong's mood was still not very high when he woke up early the next day.

After breakfast, Li Wansui prepared to go to work this morning, went to his new house in the afternoon to clean up, and got on the bus with Zhong Chuhong.

On the bus, Li Wansui hugged Zhong Chuhong. Seeing that she was still in a low mood, he knew in his heart why she was unhappy, and said, "Ahong, we will still meet every day in the future. I just moved to a new home, not leaving Xiangjiang. Don't be so frowning."

Zhong Chuhong said: "Brother Sui, I don't know why, I just don't want you to move."

"Silly girl, then you can move to Brother Sui's place and save a room for you." Li Wansui said jokingly.

"Brother Sui, you're so annoying and joking again, you know your mother won't let it." Zhong Chuhong was a little embarrassed to hear Li Wansui say this.

When Li Wansui heard Zhong Chuhong, it wasn't because he didn't agree, but because his mother didn't let him, he was also very happy, and his arms around Zhong Chuhong tightened, and said, "Ah Hong, can you ask for half a day off from work? I want to take you with me. Go to your new home."

"It's okay, okay, Brother Sui, come to me when you're done, okay? Let's go together." Zhong Chuhong heard Li Wansui's invitation to her new home, and immediately disappeared when she was unhappy, and answered immediately.

In fact, it wasn't just that Li Wansui was in a bad mood because Li Wansui moved. Before Li Wansui, he didn't even mean to invite her to visit the new house alone, he just said that he would invite the whole family to his new house for dinner on weekends.

It was because of this suffocation that she had been thinking about how to help Li Wansui clean up and arrange her new home, and felt that Li Wansui didn't care about her at all.

Now that I am looking forward to this invitation, no matter whether the leader agrees to ask for leave or not, I immediately respond and feel happy.

Seeing her so happy, Li Wansui patted her head and said, "What if the leader doesn't approve the leave?"

"If I don't approve the leave, I'll go at night. Anyway, I must go see it today." Zhong Chuhong said.

"Okay, call your auntie when you go to work and tell her that you won't go home tonight...for dinner." Li Wansui deliberately paused for a long time when he said he would not go home. Then it was time to eat. The Zhong family also has a phone because of business reasons, and it is placed on the cashier counter. Usually, outsiders use the phone and need to pay to use it, and they can earn a little money.

Zhong Chuhong heard "don't go home", because Li Wansui deliberately paused, she thought it was Li Wansui who let her live in the new home, and when she was thinking about what to do, she heard the words "eat" again. Knowing that Li Wansui was joking and teasing her, he looked angry and pinched the soft flesh on Li Wansui's waist before he said, "Brother Sui, this is punishment, I tell you to talk loudly. Breathe." She did not reject Li Wansui's proposal to have dinner together, it was a tacit agreement.

After sending Zhong Chuhong to the jewelry store, Li Wansui went to the securities trading department of HSBC Bank. As soon as he entered the door, a securities broker walked up to him. He was dressed in a suit. He was about 30 years old. He looked gentle, and his eyes were a little puffy. , may be due to the pressure of dry securities brokers.

"Sir, hello, I'm HSBC stock broker, Han Chuping, I'm very happy to serve you. I don't know what business you have to handle, sir?" Han Chuping showed his eight teeth and introduced Li Wansui professionally.

Li Wansui also introduced himself. The two exchanged greetings for a while and said, "Mr. Han, I'm here to ask HSBC's business of providing stock allocation? And what is the current price of Wharf stock?"

Stock allocation is to borrow money to invest in stocks, commonly known as adding leverage, which will enlarge the funds for you in proportion to the margin you paid. The security deposit is your principal, and the interest on the allocation is calculated separately, which is generally paid on a monthly basis.

The investor will provide a stock account, put the money lent to you and the margin you paid into the stock account provided by the investor, and then tell you the transaction password, and you will buy and sell stocks in this account. When you want to withdraw cash, talk to the broker of the capital distribution company, and he will withdraw all the principal you borrowed from you, and the remaining money will be yours no matter how much you earn.

Li Wansui thinks that Hong Kong's financial industry is very developed, and banks should provide stock allocation business.

"There are some. I don't know how much margin Mr. Li has prepared and how many times of leverage? Wharf's current price is around 31 yuan per share." Because of the high interest, he also has a lot of commissions, and he will also have a commission for the commissions generated by the stock transactions in the fund account.

Li Wansui heard that the Wharf is now 31 yuan. He has read several Hong Kong entertainment novels in later generations and mentioned that the Wharf will soar to over 100. This information should be accurate. He thought about it and said: "The deposit (the principal ) About 110,000, add 6 times leverage, I don’t know what your warning line and closing line are? What is the interest rate.”

"The warning line is 50% of your margin (principal), the closing line is 35% of your margin (principal), the monthly interest rate is 1.5%, and the annual interest is 18%."

After listening to Li Wansui, he thought it was reasonable. He stretched out his right hand to shake hands, and then said, "Then I'll do it like this, happy cooperation."

The warning line means that your fundraising account has suffered a loss. In order to ensure the safety of the funds lent to you, the fundraising party will inform you that your account has reached the warning line, so that you are prepared to call for the deposit (principal).

The closing line means that when your principal is only 35% of the previous amount, the allocation company will operate the account by itself, sell all your stocks, and then recover the allocation (the money lent to you).

Li Wansui's deposit this time was 110,000 yuan. With 6 times the leverage, he borrowed 660,000 yuan, a total of 770,000 yuan, and then put them into the fund allocation account provided by HSBC Bank. This account is registered by HSBC Bank. Li Wansui has all the information. It cannot be changed, nor will it inform Li Wansui of the fund password. The fund password is the password needed to withdraw cash. It will only inform Li Wansui of the transaction password. With the transaction password, Li Wansui can buy and sell stocks in the fundraising account.

When there is a loss, if the account loses 55,000, that is, when the market value of the shares held by the fund account is only 715,000, HSBC will notify Li Wansui that you have hit the warning line and you should recover Principal up.

If Li Wansui did not recover the principal and continued to lose 16,500 yuan, he would reach the liquidation line. At this time, when the stock market value of the allocation account is only 698,500 yuan, HSBC will not notify you and will directly allocate you. All the stocks in the capital account will be emptied, and then his 660,000 will be recovered, and the remaining 38,500 will be returned to you.

However, in reality, in this era, manual tracking and manual trading are all based on manual trading, and there will be corresponding delays. If the stocks held in the fundraising account suddenly dive, the manual operation is too late, and the margin in the account becomes zero. Will continue to lose money to HSBC's loan, this situation is called liquidation.

If HSBC loses money on the loan, it has nothing to do with Li Wansui, which is bad luck for HSBC.

Therefore, the allocation of capital also has certain risks to the provider of capital allocation, and the interest is relatively high.

However, Li Wansui's fund allocation account has a surplus. For example, the Wharf has doubled, and 770,000 has become 1.54 million. Then Li Wansui sold the stock and asked for cash, and HSBC would only take it and lend it to Li. Long live 660,000, and all the remaining surplus will go to Li Wansui's own bank account.

The risks and rewards of betting are enormous.

Li Wansui is a person who came from later generations. He knows that Hong Kong stocks are in a big bull market now, and individual stocks are rising more or falling less, not to mention that the Wharf is currently in a takeover war, British-owned Jardine, and ship king Bao Yugang are all thinking of ways to be the first to reach the Holding more than 50% of the target, buying stocks everywhere, there will be no selling tide, so adding 6 times leverage can withstand a 9% decline, and it should not be forced to liquidate.

In high leverage, Li Wansui did not dare to increase it. If he added 10 times leverage and the stock fell by about 3%, he would have to be forced to liquidate his position.

6x leverage is just right.

Han Chuping, a stock broker, heard that Li Wansui was going to go through the fund allocation, and immediately ran over to prepare for the formalities.

Li Wansui's eyes fell on the stock trading floor. In this era, computers were just emerging, and stock trading was not introduced. The stock quotes are all surrounded by a super **** board, a bunch of staff keep writing the price on the blackboard, and then another group of people keep shouting the price.

People in yellow vests and red vests were walking around the trading floor.

Those who wear yellow vests are futures traders and those who wear red vests are stock traders.

It was very lively and very atmospheric. Li Wansui paid special attention to the shouting and suddenly heard it.

"Wharf, 30.85".

Li Wansui calculated in his mind, 770,000 can buy 25,000 shares. If it goes up to 100 yuan and sells it, 25,000 shares will be 2.5 million, minus 660,000 of the allocation, and after deducting the principal of 110,000, it will probably be The profit is 1.73 million yuan. If I remember correctly, the Hong Kong stock market will reach its highest point in the early 1800s in July next year, and the European Cup usually starts in June.

The finals also take place in July.

He needs to prepare the banknotes before the start of the European Cup, and then guess the champion when the European Cup just starts. At this time, the odds are the highest. Li Wansui estimates that there may be between 5 and 15 times the odds by then. I don't know whether West Germany is strong in this era. If it is not strong, the odds bookmaker will open a high point. If it is strong, the odds will be low.

If you wait for the highest point to sell stocks, you can only buy the winner in the final, and choose the champion from the two teams in the final. The probability of choosing the champion from the 16 teams before the start of the game is different, so the odds are lower. Much ah. UU reading www.uukanshu. com So it's best to sell before the European Cup starts, even if the stock has not reached its highest point.

Li Wansui sighed a little. It would have been better if he was a real fan back then, but now he can't even remember the score, and he can't even remember the runner-up, he can only remember the champion.

Li Wansui was thinking about it when Han Chuping came over and said, "Mr. Li, we have signed this "Stock Allocation Agreement", and then we are asking you to pay 1.5% of the monthly dividend interest allocation amount (66w ), 9,900 Hong Kong dollars plus a deposit of 110,000 yuan, a total of 119,900 yuan.”

Li Wansui continued to say, "Yes, yes, but bitterness in his heart," "Fuck, this interest rate is really high, and I didn't make a detailed calculation just now." Then he began to take stock of his property in his heart: "I have 2 remaining from the money I sold the bracelet before. , 300, and then paid 125,000 in advance, and spent 3,700 to buy gifts for the Zhong family. After subtracting 11,990, there is still 3,700. The original plan was to let Ah Hong hand it over to Uncle Zhong for 1w, but it's gone.

Now is a good time to impress Zhong Chuhong. I can't miss it. Could it be 3500 for Ah Hong? I have 200 left over this one month. Anyway, two jobs include food and drinks, and it doesn't cost anything. If you persist until next month, you can receive 7000. "

After thinking about it for a long time, Li Wansui picked up the stock allocation agreement and looked at it, and found that there was nothing wrong with it.

Just signed the agreement and handed over 119900 to him.

When giving the money, Li Wansui noticed that Han Chuping was ecstatic, and he wanted to control his expression so much that his face seemed to be deformed.

"As for this man, how much money can he raise?" Li Wansui muttered in his heart.

Li Wansui gave the money, and his eyes followed Han Chuping.

It was found that Han Chuping did not go to the trading hall, but walked around the door of the trading hall.