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Chapter 407 Short Huifeng Holdings Color TV War


"Ready to sell, as long as the share price of Huifeng Holdings exceeds 80 Hong Kong dollars, Lao Cui, you will start selling, and the more it rises, the more you sell, until the position is cleared."

Xiao Bai gave a clearance order."

Okay, I'll take care of that."

Cui Mingda nodded and accepted the order.In the days since he came back from Thailand, he has recovered very well.He never mentioned those words on the flight last time to Xiao Bai.At night.Xiao Bai invited Tang Ziyan out for a meal, and talked with the other party about securities lending during the banquet."

Dong Xiao, we do have a lot of shares in Huifeng Holdings.If you want to borrow and lend securities, it's not a big problem, the key is quantity. ”Tang Ziyan is now the deputy general manager of Eddid Securities, and she can make decisions about this matter herself."

There is no limit to the quantity, in my opinion, the more the merrier, see how much you can melt for me, I will take as much as you give."

Xiao Bai didn't limit the quantity, no matter how much he could eat.At present, Yingsheng Investment has $14.2 billion in cash on its books, plus $2.2 billion transferred back from Thailand.Of course, Xiao Bai still owes several loans such as 60 billion yen and 1.5 billion Hong Kong dollars, but it is also a fact that there is sufficient liquidity."

I know that you held 50 million shares of Huifeng Holdings before, so let's lend you another 50 million shares, do you think?"

Tang Ziyan picked up her wine glass and took a sip of red wine, then thought for a while and gave Xiao Bai an affirmative answer."

No problem!

Thank you Mr.

Tang for your support!

”Xiao Bai laughed, raised his wine glass and touched it with the other party, and the two reached an agreement.Within a few days, Huifeng Holdings broke through the HK$80 mark with momentum, and the highest rushed to HK$8,612.Cui Mingda followed Xiao Bai's instructions and continued to sell above 80 Hong Kong dollars.After Xiao Bai and Tang Ziyan negotiated, they took someone to Eddid Securities to go through the formalities the next day.The 50 million shares he originally held plus the 50 million shares he borrowed, a total of 100 million shares of Huifeng Holdings, will be liquidated in the near future."

Xiao Dong, it's still a super large-cap stock, and the ability to undertake is strong.The stocks we threw out didn't even splash a few waves, and they disappeared without a trace. ”In the past, Liu Yixiong was not very optimistic about Huifeng Holdings, and felt that this stock was too big and had limited ability to rise.But Cui Mingda now feels that there are great benefits, which is convenient for the entry and exit of large funds.The 50 million shares of Huifeng Holdings held by Yingsheng Investment have all been liquidated, and the 50 million shares borrowed by securities borrowing will also be sold later."

Well, you can't go wrong!"

Xiao Bai smiled, and then looked at the delivery order.The average selling price of 50 million shares of Huifeng Holdings was HK$8,149 including fees, and a total of HK$4,074.5 billion was withdrawn.The original purchase price of these 50 million shares was HK$2,866, and a total profit of HK$26,415 was made in two years.Because Xiao Bai borrowed HK$1.5 billion from Standard Chartered Bank, he actually used HK$143.3 billion, and needed to pay interest of HK$13.4 billion.So the final profit of this stock transaction is HK $2,507.5 billion."

Dong Xiao, should we repay the HK$1.5 billion loan from Standard Chartered Bank first?"

Jiang Youwei's style is conservative, and he feels that since he has such funds in his account, there is no need to owe no more loans and not repay them."

Well, then pay it back."

Xiao Bai then made a phone call to Erin and told the other party that Yingsheng Investment wanted to repay the loan.Erin was very happy to hear this, although she never urged to repay, but she has actually always taken this loan to heart.If this loan can't be returned, it will actually have a great impact on her performance."

Okay, thank you for your support.You can then ask the financial staff to come over and handle the formalities, and I will invite you to dinner in the evening. ”Erin is very good at being a person, and she specially invited Xiao Bai to a meal that night.Xiao Bai actually admires this beautiful account manager very much, only one thing is bad, Erin always likes to take advantage of him, and the other party is a master of teasing men.The principal of HK$1.5 billion and the interest of HK$13.4 billion were returned, plus the remaining funds of HK$6.7 billion when he bought the stocks, and Xiao Bai asked the finance to transfer all these funds to the Hong Kong dollar account of Yingsheng Investment.Yingsheng Investment's on-the-books Hong Kong dollar account balance is HK$2,507.5 billion.Next, Cui Mingda led his subordinates to continue to sell the shares of Huifeng Holdings.The 50 million shares were sold smoothly until Yingsheng Investment was shorted, and the share price of Huifeng Holdings remained around HK$83 per share.The 50 million shares of Huifeng Holdings were integrated with an average transaction price of HK$8,187 including tax, and a total of HK$4,093.5 billion was withdrawn from the securities fund account.This money cannot be used for the time being, and it will have to wait until the borrower's 50 million shares of Huifeng Holdings are returned."

Lao Cui, you continue to stare at the trend of Huifeng Holdings."

After selling 50 million shares of Huifeng Holdings, it was necessary to find an opportunity to buy it back.This timing is naturally to wait for the other party's stock price to fall to a certain price, and Xiao Bai's psychological expectation is between HK$40 and HK$50 per share."

Okay, Xiao Dong.In addition, the depreciation of the yen has recently accelerated again, and the price of the US dollar \\ yen is currently 1163759. ”At present, the financial crisis in Thailand is spreading, and the economy of RB is not doing well, and the other side wants to strengthen the competitiveness of exports through the depreciation of the yen, and this trend will not change in the short term.Therefore, Xiao Bai was not surprised at all by what Cui Mingda said.Subsequently, he explained some other things to Jiang Youwei and Cui Mingda, and then left the company and returned to Shencheng.The year 1997 was destined to be extraordinary.When the domestic VCD machine market is inseparable,The color TV market has also set off a monstrous waveDomestic color TV giant Changhong Electric Co., Ltd.,Take the lead in announcing price reductions,The price reduction is as high as 18。

In fact, the price war of color TVs has been foreshadowed for a long time.Last year, the state announced that it would reduce tariffs on imported color TVs, which laid the groundwork for this price war.The current situation is that domestic home appliance companies have begun to rise, but foreign home appliance companies have also begun to fight back.As a leading enterprise of domestic color TV,Changhong Electric has started this price war,It is also reasonable。

However, Xiao Bai is also very clear,It is precisely because Changhong Electric continues to use the means of price war to solve the problem,It has also caused the domestic color TV industry to endure 20 years of low profit torture。"

Brother Xiao, it's time to eat."

Xiao Bai has to talk to Li Longbin and Yang Xuecheng on the phone almost every day for the price war of color TVs.Even on weekends."

I'll come" Xiao Bai then hung up the phone, left the study with Liu Xiaoling, and went downstairs to the restaurant.At this time, Tian Chunxiu was already sitting at the dining table.She just returned to Shencheng from ZH in the afternoon, and Liu Xiaoling will return to North America next week, and she came back to see off the other party."

Brother Xiao, my mother said that tomorrow I called you and Xiuxiu to go over there for dinner, are you free?"

Today's dinner was very rich, and Liu Xiaoling also specially cooked two hometown dishes.During the meal, she asked, in fact, she also hoped that Xiao Bai and Tian Chunxiu could go tomorrow."

Of course it's available!

Oda, let's go over tomorrow. ”Regardless of whether Xiao Bai is free or not, he can always spare time for a meal.Tian Chunxiu also nodded violently, and the matter was settled.After eating, the three of them rested for a while, and then went to swim in the pool in the basement for half an hour.Xiao Bai came up to take a shower, and before he could sit down, Li Longbin's phone called."

Xiao Dong, come out and sit?

I just contacted Mr.

Yang, let's find a place to talk later. ”Li Longbin didn't know Xiao Bai's situation, and thought he had nothing to do on the weekend.Xiao Bai hesitated, Liu Xiaoling was going to leave in two days, he actually wanted to accompany her more, and he didn't want to go out to socialize.But obviously, Li Longbin is still for work."

Well, what, I still have something to do in the evening, why don't we talk about it in two days?"

Xiao Bai thought about it, but decided to push it away.The price war of color TVs,It must be a long-term process to deal with。

It doesn't make much sense to say it now, and it's even less advisable to be overly anxious."

If you have something, then forget it, Mr.

Yang and I will find a place to have a few drinks."

Li Longbin paused for a moment, but he didn't entangle, and then hung up the phone."

Brother Xiao, if you have something to do, I'll go and get busy with you.Anyway, Xiuxiu is back, and I can watch TV and chat with her at home. ”Liu Xiaoling just walked in and heard Xiao Bai's last words."

It's okay, Li Dong, they are all their own people, it doesn't matter."

Xiao Bai smiled and waved his hand, indicating that he did not have a hundred thousand urgent things."

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Oh, then I'll go down and watch TV with Xiuxiu."

Liu Xiaoling didn't continue to ask, she went downstairs after speaking, and sat in the living room with Tian Chunxiu while watching TV and chatting.At nearly ten o'clock in the evening, Li Longbin called again, saying that he and Yang Xuecheng had arrived at the gate of Yinhu Grace Garden."

Then come in quickly!

You give the phone to the security guard, I tell them. ”Everyone has arrived at the door, Xiao Bai naturally can't be rude.Less than ten minutes later, Li Longbin and Yang Xuecheng walked into the villa.The three of them sat down in the living room, Liu Xiaoling made a pot of tea and sent it over, and she went upstairs with Tian Chunxiu.Anyway, there is also a TV upstairs to watch, so Xiao Bai will not delay talking to people."

Dong Li, Mr.

Yang, have you drunk a little?"

Xiao Bai looked at the expressions of the two and knew that they definitely came here after drinking."

Isn't it?

Li Dong had to pull me to drink a few glasses, I was still dizzy.Xiao Dong, there is a situation I think I want to talk to you, otherwise I won't be able to sleep at night. ”Yang Xuecheng looked worried.Xiao Bai looked at Yang Xuecheng and then at Li Longbin, feeling that it was not just a price war."

I got reliable news that Changhong Electric is negotiating with domestic picture tube manufacturers to prepare to monopolize the supply of picture tubes."

Sure enough, Yang Xuecheng's subsequent words were simply jaw-dropping."

No, Mr.

Yang, you're not mistaken, right?

Hoarding monopoly CRT?

Who came up with this trick?

It's a loser to do this!

”After listening to this, Xiao Bai relieved himself for a long time.Not because of worry, but because of Changhong Electric's decision.