Chapter 1412: Chapter 1259: Want to Make a Fortune (Please Subscribe!)
Beijing.
Autumn Palace.
Chai Ren and Zheng Lin were blissfully drinking tea they had ’borrowed’ from Tang Qing; during their last trip to the Shanghai Stock Market, there was no way Chai Ren would pass up such an opportunity to enjoy the finer things, which you can never have too much of.
Besides them,
there were also Bao Kaiyu and Zhai Zhihua, two shareholders of Jinghua Real Estate.
Observing Chai Ren and Zheng Lin,
both were filled with envy in their hearts.
At the beginning of Tang Qing’s rise, they had invested in Comet Group, and to be honest, they were a bit frustrated. The companies controlled by Tang Qing were all prime assets, but their own shares weren’t looking as shiny.
Jinghua Real Estate.
Tang Qing owned a quarter of the stocks.
The property had appreciated in value, indeed they had made a lot of money, but the cash in hand wasn’t yet at the point where they could pay dividends. All the annual profits were reinvested because real estate simply burned through cash.
If it were anyone else,
growing to this extent,
would undoubtedly attract the covetous gazes of these so-called ’authoritative figures’.
But,
Tang Qing from the start,
drew in big guns like Zheng Lin and Chai Ren, so nobody else dared to covet his enterprises, and those who did have the guts also wouldn’t touch this headache. All for money, they wouldn’t go fighting to the death.
Their families would scold them to death.
Are you lacking food?
Or lacking clothes?
This move by Tang Qing.
Smart.
Under the protection of the Zheng and Chai families,
domestically, all these people could do was watch Tang Qing grow bigger and bigger. Apart from these two families, the Cui family was also a silent supporter for Tang Qing. Dou Jiao’s maternal family background was not weak either. Truly a lucky BOY.
"Little Tang is going to be famous again!" After reading the news and public opinions, Zheng Lin said with a smile.
Chai Ren’s gaze was profound.
He said in a deep voice, "What do you think his net worth will be this time next year?"
Zheng Lin shook his head slightly.
"I don’t know about next year, I only know that just the stocks we have in Comet Group are already worth at least one hundred billion RMB. To think initially, we each only invested one hundred million RMB."
"Two years, this return on investment, it’s terrifying," Chai Ren couldn’t hide his amazement.
Two years.
More than a hundredfold return on investment.
Terrifying.
This remark
evoked another wave of envy in Bao Kaiyu and Zhai Zhihua.
"Kaiyu, Zhihua, want to make a big score?" Zheng Lin suddenly asked.
Both men were stunned.
Make money?
"How to make it?"
For a moment,
they thought Zheng Lin might harbor some malicious intent towards Tang Qing.
The next moment,
they realized their misunderstanding.
"Stocks, Tang Qing said that next year, he has three companies going public, in the United States, Hong Kong, and Myanmar respectively. If you believe in him, you could subscribe in the primary market."
"Really? They’re going public?" Bao Kaiyu asked excitedly.
Zheng Lin nodded, "Yes, it’s settled."
"Awesome, I trust Tang Qing. I’ll buy more when the time comes, haha!" Having missed Tang Qing’s initial phase, making money in the stock market was also good. With that, their last bit of regret disappeared.
One must be content.
"I’m in," hurriedly said Bao Kaiyu.
"Hold on, why list in Myanmar? Do they even have a stock market?" Zhai Zhihua asked, puzzled.
Zheng Lin explained, "Of course they do, it’s opening on the fifteenth this month."
"Why there?"
"Have you forgotten about Tang Qing’s uncle?"
"Could it be that Myanmar forced Tang Qing into it?" Zhai Zhihua speculated.
Zheng Lin rolled his eyes, "What are you thinking about? If you knew which company he’s listing, you wouldn’t think that. Myanmar Environmental Technology Company, with such a company there, who would need a stabilizing pin?"
"The one that sells filters?" Bao Kaiyu’s eyes brightened.
"Yes."
"Now that you mention it, I kind of want to buy their stocks. This company’s environmental technology is number one in the world, undisputed. If it was listed in the United States, I think its market value would not be less than 150 billion USD."
Zhai Zhihua also got excited.
Zheng Lin said, "That’s right, once this company goes public, it will definitely attract a lot of capital to Myanmar for speculation or investment. For Tang Qing, it’s not a ’capital desert’ over there."
"On the other hand, it should also be because of Tang Kai. They want to attract foreign companies to list there, they need a breakthrough, and Qingyuan Technology is a very big stimulus."
"What? Qingyuan Technology is going to Myanmar?" Zhai Zhihua was surprised.
Zheng Lin acted profound, "I couldn’t figure it out initially, but then I realized, if I couldn’t understand, it was because I wasn’t looking far enough. So, for now, without discussing the merits, we’ll wait until it goes public next year to see."
"You and your high level..." Bao Kaiyu said, at a loss for words.
He thought Zheng Lin was about to explain some ’investment logic’!
Zheng Lin chuckled with satisfaction.
"High, right? This is called wisdom! Why bother with unnecessary worries."
Zhai Zhihua said, "Alright, I’ll invest in all three companies this time. By the way, has Myanmar opened accounts for foreign investors yet? Before investing in Tang Qing’s companies, I might want to warm up a bit."
"Not yet, but foreign companies are allowed to open stock investment accounts, though there are strict rules. Fortunately, Chai Ren has already sorted it out. If you want to buy stocks there, just go through Chai Ren’s company," Zheng Lin said.
"You guys are all set up?" Zhai Zhihua was astonished at the two of them.
Chai Ren smiled.
"Of course, how else can you not be proactive when it comes to making money?" With such a great opportunity, Chai Ren also had his doubts, but Tang Qing’s ’it’s possible’ gave him a lot of confidence.
For this.
He had prepared a full two billion RMB.
Hearing this,
Zhai Zhihua nodded and sipped his tea.
"Myanmar’s market opens in ten days, and I can allocate three point four billion RMB in idle funds. By the way, do they allow margin trading over there?" Zhai Zhihua calculated his available funds.
Then a new question arose.
"They don’t, and also, within its territory, they currently do not allow margin funding outside the market, so if you want to operate with funding, you can only figure it out domestically. But I don’t suggest you do that,"
Chai Ren reminded.
Margin funding.
In Huaxia,
can be understood as stock market leverage.
Since Huaxia’s stock market also does not allow leverage, those who want to increase their leverage have to seek these external margin funding. In the past two years, with the continuous rise in the stock market, many have engaged in margin funding.
Hearing that leverage cannot be used,
Zhai Zhihua also abandoned his little trick.
"It’s better this way, I’m going to invest, not to gamble. Now, I don’t think this ticking bomb in the Huaxia stock market will hold on much longer, it’s about to explode." Zhai Zhihua was not proficient in stocks, but he understood economic trends.
The harvest has begun in the United States.
Here.
It’s imminent too.
He doesn’t harbor any particular resentments towards the ones eyeing the purses of countless stock investors. Well, the stock market itself is a zero-sum game. You join with the intention to make money off others.
You have to be prepared for the possibility of others making money off you.
Simply put.
The nature of the stock market is a different form of ’hot potato’, where everyone believes someone else will pay a higher price for their hand-held chip. Once you join the game, be prepared to accept the outcome willingly.