The rise of heroes begins with Hong Kong movies

Thursday, October 15, 1987, one day before the New York City crash!

There are only three days until Black Monday!

On October 16th, the global stock market crash is about to happen!

This global stock market crash will have a devastating blow to the entire world, and its harm will be more terrifying than the Great Depression of the capitalist world that began in 1929.

The stock prices of almost all listed companies will plummet!

Of course, ordinary people will have a hard time, but capitalists will not be much better off either. As long as the rich are mainly listed companies, their assets will shrink significantly, and even worse, they will go bankrupt.

There was no other reason than that the stalls were too big. After the stock market crash, assets collapsed and the capital chain was broken.

After that, it will affect the real economy.

The most obvious thing on Hong Kong Island is real estate. Whenever a stock market crash breaks out, the real estate industry on Hong Kong Island will experience a sharp plunge. reason?

Simple!

Most of those who play in the stock market and those who invest in real estate are the same people, and many of them are highly leveraged.

When the stock market suffers huge losses, funds are needed to close positions or pay back money.

There is no other way but to sell the property to make up for it.

Another point is that countless investors also lost all their money in the stock market crash. How can they have extra funds to buy houses?

The combination of various factors has resulted in a significant drop in demand for 313 services.

When market supply exceeds demand, and far exceeds it, it is completely reasonable for real estate to plummet.

This is market logic and it is very reasonable.

This also illustrates one thing from the side: a stock market crash of this level is both a disaster and a once-in-a-lifetime opportunity!

The stock prices of listed companies with long-term value have plummeted, far below the actual value of the listed companies.

This is an excellent bargain hunting opportunity.

The same goes for real estate!

When the stock market crash passes, the stock prices of listed companies and real estate prices will skyrocket.

This is also true.

The top tycoons in Hong Kong suffered heavy losses every time the stock market crash struck, and their family wealth shrank significantly. But once the stock market crash passed, they would make a comeback.

As long as it is operated properly, assets will often increase at extremely terrifying multiples compared to before the stock market crash.

The most typical representative is still Li Bancheng!

During the Hong Kong stock market crash in 1973, many wealthy tycoons sold too fast and their capital chain was cut off, and they were wiped out. But Li Bancheng was different.

He is cautious by nature and his business philosophy is to act steadily and one step at a time.

The entire Li empire has an extremely low debt ratio.

When the stock market crash broke out in 1973, he not only successfully escaped, but also had a lot of money on hand.

After the stock market crash, land on Hong Kong Island plummeted.

Li Bancheng was confident about the future of Hong Kong Island and concluded that Hong Kong Island's economy would take off in the future and there would be more and more people. He took action decisively and accumulated a large amount of high-quality and low-priced land during this period.

The Lee family grew stronger based on this business concept until it grew into a capital behemoth on Hong Kong Island..This has nothing to do with morality, just business. At present, a stock market crash sweeping the world and having a wider impact is about to break out..Huo's, that's what happened..

He is ready to take advantage of this golden opportunity to conquer the real estate industry in Hong Kong Island, and at the same time win more high-quality listed companies, and expand the territory of Huo Group as much as possible!

If possible, he would even want to use this opportunity to become the king of Hong Kong Island in one fell swoop!

……

……

At nine o'clock this morning, Starlight Building.

Huo Group Headquarters.

An internal meeting of extremely high standards, which only a few core executives of the Huo Corporation are qualified to attend, is about to begin.

Huo Wenyao hasn't arrived yet.

When the K1 finals came to an end last night, he returned to Hong Kong Island as quickly as possible. Planes, ships, cars, and other means of transportation came in turns. It took him more than ten hours to return to East Tsim Sha Tsui.

When he came back, it was already eight o'clock in the morning.

Afterwards, Huo Wenyao took a short rest and rushed to the Starlight Building as quickly as possible to preside over the meeting in person.

Outside the conference room, Luo Tianhong took charge personally.

Song Lian was in charge of the conference room. He led his capable men to check over and over again before the meeting started to make sure there were no eavesdropping or surveillance devices.

Only in this way can the work be considered done.

In the conference room, there were eight people sitting on both sides of the huge long conference table. Ding Yao, Yao Keke, Sima Xiang, and Luo Minsheng were all among them. The remaining four people were also senior financial officials.

They all looked quite nervous, wondering what Huo Wenyao's purpose was in convening this meeting.

Huo Group has developed to this day and has gathered countless talents.

The general direction is still controlled by Huo Wenyao, but when it comes to subdividing it into various industries, he doesn't need to worry about it at all. People like Yao Keke, Lu Fu, and Sima Xiang can handle it themselves.

Because of this, there have been fewer and fewer meetings hosted by him in person.

Unless it's something like the annual summary meeting.

This is the highlight of Huo Group, and everyone attaches great importance to it. It is not only a summary of Huo Group's development in the past year, but also a summary of their work results in the past year, which determines their future.

But today's meeting... was sudden and serious.

The meeting had not yet begun, and several people attending the meeting were very nervous. Only Sima Xiang could guess something from Huo Wenyao's words, while the others had no idea.

Old people like Ding Yao and Yao Keke are naturally not nervous.

Someone couldn't help but ask:"Sister Ding, is something big happening? Why is Mr. Huo so anxious this time and wants to personally preside over it?""

"Yes. Someone chuckled and echoed:"It's really rare for Mr. Huo to be like this. It must be an unprecedented event. I just don't know what it is. Does Sister Ding know?""

These senior executives are all the top elites in Hong Kong. They are talented and capable. Even if they are not in the Huo family, they are not worried about running out of food.

Although they are divided into superiors and subordinates, they get along quite harmoniously.

Ding Yao He shook his head, pursed his lips and chuckled:"Don't ask me, because I don't know anything either. Yao

Keke looked at the middle-aged man who had just asked the question, and chuckled:"Pau1, what are you in a hurry? Mr. Huo will be here soon. We won't know what is going on later?""

The middle-aged man named Pau1 shrugged and said:"It's not that I'm anxious, I'm just curious... Well, I am indeed anxious."

While he was defending, he even laughed.

After laughing, he continued:"Do you think it has something to do with the prediction of the stock market crash a month ago? Mr. Huo can say that a global stock market crash will definitely occur within two months."

"This should be impossible. Is the stock market crash about to break out?"

"Let me go, no!"

"Are you saying that Mr. Huo has predicted when the stock market crash will break out? How can this be!"

"Uh... This is indeed unrealistic. Hong Kong Island's economy is developing so well now. Many people have spare money and are constantly pouring into the stock market and real estate. It doesn't look like a stock market crash is going to happen."

"That's right. Didn't Chan Man-yin, director of the Stock Exchange, recently publish an article saying that the Hong Kong stock market is thriving and developing well?"

"Although Chen Wanxian's character is not very good, his article is factual."

As soon as this topic came up, everyone started talking, and started talking about Huo Wenyao's shocking global stock market crash prediction a month ago. The originally tense atmosphere became lively and relaxed.

In the midst of the discussion -

Deng Kick kick!

There was a sound of footsteps, and then Luo Tianhong pushed open the door of the conference room.

Huo Wenyao appeared.

Everyone immediately stopped the discussion and stood up instantly. They all looked solemn, bowed their heads slightly, and their attitude was extremely respectful. They shouted in unison with Huo Wenyao. He said hello with a strong voice:"Mr. Huo!"

Huo Wenyao nodded as a response, walked straight to his seat, sat down and said:"Sit down, everyone."

Then everyone sat down together

————1 ps: I took a day off and was checking various financial information. _Feilu reminds you: three things about reading - collect, recommend, and share!

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