On Monday, March 11th, 1973, the trading volume fell back to 490 million!
On this day, the stock prices suddenly began to plummet.
In a split second, a huge disaster swept over. All the citizens of Xiangjiang City started to sell their stocks crazily. The entire Xiangjiang City fell into a great panic.
Naturally, Lin Li was happy to see it happen.
Lin Li was also very keen to discover some problems during this stock market crash.
In the future, none of the four major clans in Xiangjiang City would suffer a loss. All of them would make a profit. Each of them would become rich in this stock market disaster.
As expected of the four major clans of Xiangjiang City!
Without much hesitation, Lin Li exchanged the Hong Kong dollars in his hand for US dollars. If he remembered correctly, there would be a change in the exchange rate between US dollars and Hong Kong dollars around April.
However, the purchasing power of Hong Kong dollars in Xiangjiang City had been greatly improved.
At that time, he could also take the opportunity to make a bargain.
Xiangjiang City exploded!
There were countless shareholders standing on the rooftop. This loss would bankrupt them. Not only that, but the most terrifying thing was that they might be burdened with heavy debts.
He would never be able to pay back the money in his lifetime.
The Li Family Mansion
."On March 9th, someone started to sell stocks?”
Li Jiacheng frowned slightly and looked at his wife, Zhuang Mingyue."Do you know who it is?"
"Yes!" Zhuang Mingyue nodded and slowly said,"He's the King of the Land!"
"Lin Li?" Li Jiacheng was slightly taken aback. He naturally knew Lin Li. Last year, Lin Li announced that he would retire from acting for a year, which caused a huge uproar. What Li Jiacheng did not expect was that Lin Li actually plunged into the stock market, and was actually able to escape quickly before cutting the leeks.
Li Jiacheng was truly shocked by her foresight.
Then, he muttered to himself,"How did you find out?"”
"I'm not too sure about this either!”Zhuang Mingyue slowly said,"From the end of 1971 and last year, Lin Li's movies received a lot of box office dividends. A rough estimate is that it was at least 60 million Hong Kong dollars. Lin Li sold a lot of stocks. When he came out, he had at least 2 billion Hong Kong dollars in assets!”
"Two billion Hong Kong dollars!" Li Jiacheng could not help but suck in a cold breath.
Lin Li's current assets could probably rank in the top 20 among the wealthy people in Xiangjiang. Moreover, the most terrifying thing was that Lin Li basically had cash flow.
This was even more terrifying.
Li Jiacheng had seen countless people, but it was the first time he had met someone like Lin Li. How did he dare to bet all his assets at the age of 17, and how did he manage to sell them at the highest point?
It felt like Lin Li knew that the price would reach its peak today, and was waiting to sell it off at this moment.
"Lin Li is not simple!”Li Jiacheng sighed and then slowly said,"I didn't expect this kid to be able to make so much money by playing stocks instead of making movies!”
"Darling, what do you think Lin Li will do next?”Zhuang Mingyue was suddenly curious about Lin Li.
"If I were Lin Li, the next step would be to bargain. The future of Xiangjiang City is still worth looking forward to!”
Li Jiacheng slowly said,"I'm afraid that there will be many people who want to sell their houses in Xiangjiang City. If I were Lin Li, I would definitely bargain.”
Furthermore!
Li Jiacheng frowned and continued,"This kid is very likely to continue making movies. If he wants to be in his own theater chain now, the bosses of these theater chains must have suffered a huge loss in the stock market. Now, they can't wait to transfer the theater chains in their hands. Previously, this kid broke off with Jiahe because he wanted to make a fortune in the stock market. Then, he would have his own theater chain and compete with Jiahe and Shao Shao!”
At this point, Li Jiacheng was suddenly stunned. He suddenly had a strange feeling.
It was as if Lin Li had long known that all of this would happen. He had long predicted the stock market crash and that the 9th of March would be the highest point. That was why he had the confidence to break up with Jiahe.
If that was really the case, then Lin Li was really too terrifying.
"Darling!" Zhuang Mingyue could not help but call out.
Only then did Li Jiacheng come back to his senses. He coughed and slowly said,"This Lin Li, we can get to know him better in the future!”
At this point, Li Jiacheng paused slightly and then continued,"How about this? If possible, invite Lin Li over for a meal!”
Zhuang Mingyue was stunned."Invite Lin Li over?"
This was the first time she had seen Li Jiacheng value a young man so highly. Lin Li was only 17 years old now.
"Alright, I'll arrange it!”Zhuang Mingyue nodded.
Right now, Lin Li was indeed doing as Li Ka-shing had said-he was frantically buying stocks. On April 4th, the tax bureau suddenly published in all the major newspapers that "the profits of buying and selling stocks must be subject to capital appreciation tax." This made people even more uneasy, and they began to sell stocks crazily.
Among them were many cinema owners who had invested in the stock market. Lin Li had long chosen the cinema chain that he had been interested in for a long time and directly bought it. Other than that, with the sudden increase in the number of people selling their houses, the house prices inevitably began to fall.
Lin Li also took advantage of the low price to buy a large amount of land.
Among them, Lin Li's largest investment came from Tseung Kwan O, which was 500 million Hong Kong dollars. Tseung Kwan O was a bay in Xiangjiang, located in the southwest of Sai Kung District in the New Territories. The shore of Tseung Kwan O was also known as Tseung Kwan O. It was located east of the Jiu Long Peninsula. To the west was Tiu Keng Leng, to the southwest was Lei Yue Men, to the east was Clear Water Bay Peninsula extending southeast, and to the north was Pik Uk Ao.
At present, Tseung Kwan O could be considered a slum. However, in another ten years, the Territory Development Department would develop Tseung Kwan O into a new town in 1983. It would also be the seventh new town developed by the Government. The plan was divided into three phases. The first phase was the development of Cuilin and Po Lin. The second phase was the bay reclamation project and the development of the town centre. The third phase was the reclamation of the town centre and the southern part of the bay. In 1988, residents moved into Cuilin Estate and Po Lin Village. In 1990, the second phase of the project was developed. In the early 1990s, residents moved into Jinglin and Houde. Finally, Shangde and Mingde Village moved in in 1999 and 2000.
The industrial village in Tseung Kwan O was the third industrial village in Hong Kong (Tai Po Industrial Village and Yuan Long Industrial Village). It was completed in 1997.
By that time, Tseung Kwan O would become a real gold mine. If they came back to report, they would not be able to resist the price of 50 billion yuan, let alone 5 billion yuan. Moreover, Xiangjiang City recognized that the land was private. This place would become their private kingdom.
Moreover, the famous Tseung Kwan O Film and Television City would be located here in the future. Lin Li wanted to turn this place into the rear of his film and television base.
This book comes from:m.funovel.com。