The rebirth of the Hong Kong Island chaebol, starting with a short-selling Eagle Sauce

March 10st, 16 am.

The Wang family and his son appeared on the Hong Kong Stock Exchange, and Wang Lei is no exception.

Today is the day that Peninsula Technology goes public.

Standing in front of the gongs and drums, Wang Xiaotian and Wang Xiaosheng barely smiled when facing reporters.

Wang Zhengyi was free and easy, responding to reporters' questions in a neither humble nor overbearing manner.

The questions asked by this group of reporters were extremely tricky, and they made a big fuss around Peninsula Technology's hasty listing.

Because of Wang Lei’s reminder, Peninsula Technology’s pre-IPO publicity was only half done, and the issue price did not meet market expectations.

The original estimated goal of raising HK$30 billion was only achieved by 2/3.

This is why the two brothers are not happy.

The two of them looked at the third brother in the audience with complaining eyes.

If it weren't for Wang Lei's repeated urging, Peninsula Technology could have raised more cash flow.

They dismissed their brother's crisis theory.

Hong Kong Island's economy is operating in an orderly manner.

Because of the listing of new shares of Peninsula Technology, long queues formed outside the Hong Kong Stock Exchange. Crazy investors crowded the trading floor, which shows how popular it is.

There was no sign of collapse at all.

"Young man, please keep your people out of the way."

Wang Lei turned around and saw that he was still an old acquaintance.

"Uncle Qi, you should also go to the main room."

"Hey, it's Ah Lei. Long time no see. My Nana is always talking about you. When are you going to my house to propose marriage?"

Speaking of Nana, Wang Lei felt a headache, and a shriveled girl could not help but appear in his mind.

The two families were once neighbors, but Wang Zhengyi soon moved away from Kowloon after he became successful.

Qi Dayou is considered a wealthy man with a small fortune, but he can only be regarded as a small rich man.

He looked at the third young master of the Wang family with burning eyes. He was different from those who had studied abroad.

Compared with his two brothers, he is not much better.

"Uncle Qi, are you also going to Peninsula Technology?"

"Yes, now everyone knows that the market value of your peninsula technology is seriously underestimated, and they all want to buy some, but they don't know if they can grab it."

There are many people with this mentality who want to buy a large sum of money when Peninsula Technology’s stock price is at a low level.

Wang Lei is still nostalgic for the old friendship. He knows how terrible the impact of the stock market crash on Hong Kong stocks is. Naturally, Peninsula Technology cannot stay out of the incident. A sharp decline is certain.

It took five years for the Hong Kong stock market to regain some strength until 5, ushering in a 1992-year bull market.

So he advised:

"Uncle Qi, I advise you not to buy stocks. It is more practical to put your money in the bank and earn interest than to buy stocks."

Because of his own interests, he didn't say much.

However, he was misunderstood by Qi Dayou. The other party frowned and retorted:

"Wang Lei, now that your Wang family has become so prosperous, my Nana is not worthy of you, but you can't stop me from making money with someone, and the Stock Exchange is not run by your family. Not only do I want to buy it, but I want to buy it in a big way! "

"Hmph! Let's see."

The humiliated Uncle Qi put down his harsh words and walked away without looking back.

Wang Lei was confused for a while. Could he have done something bad with his good intentions?

Alas, Uncle Qi's pitiful pride must be causing trouble.

There wasn't much difference between the two families before, but Wang Zhengyi's rise was very fast. Now the disparity in social status between the two is beyond 01:30.

He came to the main room, where a group of traders in red vests were working diligently.

Wang Zhengyi did not forget his contribution and gave him 800 million tradable shares.

Knowing that the stock market would plummet, of course he would not keep it for the New Year and planned to sell it all today.

A gong sounded, announcing that Peninsula Technology was officially listed.

In just a few hours, Peninsula Technology’s share price soared 40%, reaching HK$42 per share.

There is no upper or lower limit for Hong Kong stocks, and everyone can rise as much as they want.

By the end of the morning market, Peninsula Technology's share price had risen to HK$49 per share.

The stock price is much crazier than imagined.

The two brothers Xiaosheng and Xiaotian watched the stock price soar, feeling heartbroken and unable to control themselves.

They complained and made a small report to Wang Zhengyi:

"Dad, if it had been listed a few days later, we could have raised at least 10 billion more Hong Kong dollars. If it weren't for Ah Lei, all this money would be ours. Now it's cheaper for those contractors."

"To shut up!

It was my decision to go public early. If a stock market crash really breaks out, our losses will be even greater. If we don’t lose money now, we will make money. "

These words were used by Wang Zhengyi to comfort himself.

He stared with burning eyes at his younger son who was instructing traders to sell stocks:

"I hope Ah Lei's prediction is right this time."

Traders wearing red vests are very puzzled by Wang Lei's order. Now the Peninsula Technology is booming.

The boss actually asked them to sell all 800 million shares.

"Don't stop, we must sell everything before the market closes today."

Millions of shares were sold out, and Peninsula Technology suddenly became popular, but it was soon eaten up by individual stocks and large institutions.

Peninsula Technology once again changed from red to blue.

Finally, before the market closed, all 800 million shares were sold out one after another.

Wang Lei's account instantly gained HK$5 million.

Qi Dayou's excited shout came from the big room next to him:

"Two million shares! I grabbed 200 million shares."

Scattered congratulations came from the surrounding area.

Hearing this, Wang Lei shook his head, Qi Dayou was really seeking death.

With his strength, it would be good to buy at most 35 shares. To be able to buy 200 million shares, he must have used 5 times the leverage.

If Peninsula Technology falls by 8.3%, Qi Dayou will be liquidated.

But when a stock market crash breaks out, concentrated selling will occur, making it impossible to close positions in time!

It is possible that if you lose your position, you will lose all your money, and you may owe money to the dealer.

Thinking of this, Wang Lei shook his head. It seemed that Uncle Qi was going to be in trouble soon.

I felt pity for Qi Xiaona, the girl who called him brother.

Wang Zhengyi also heard the voice next to him and walked to Wang Lei's side calmly.

"Lei, will the Hang Seng Index really fall sharply?"

At this moment, the wealthy man in Hong Kong City was also feeling uneasy.

He sold the stocks he had held for many years and forced Peninsula Technology to go public.

If the prediction is wrong, his loss will not be 01:30 points.

"Of course, Dad, pay more attention to the news in New York in the next two days."