Chapter 25 Entering the London Stock Exchange!

Lin Xiuzhi and Hailey are both very familiar with the Hong Kong stock market.

In their opinion, the stock market is very risky, especially for short-term investments like this, it is good to be able to get back the money.

They never thought that their boss Yang Ming would make a profit of more than three million Hong Kong dollars in one morning.

Between 11:00 a.m. and 12:00 a.m.

Kayla and Lehman reported to Yang Ming from time to time about the stocks they had just bought, and many of them have now begun to soar.

Among them, two of them have soared by more than 100%.

"These two can be sold."

When the two stocks were sold, Yang Ming made a profit of one million Hong Kong dollars.

Next, there were several more stocks that soared by more than 90%, and they were sold again, making another profit of 2.7 million Hong Kong dollars.

In other words, during this period, the sales of these stocks made a total profit of more than 3.7 million Hong Kong dollars.

If the sales between 10:00 and 11:00 are included, the profit has exceeded 6.7 million Hong Kong dollars in one morning.

Lin Xiuzhi and Hailey were shocked and speechless.

At this time, the stock market in Hong Kong was not a bull market, but a very ordinary stock market. Under this situation, Yang Ming made a profit of more than 90% by short-term investment.

"Boss, you are really amazing." Hailey said in shock.

In addition to shock, surprise, and admiration, she could no longer describe her boss.

"Let's go to lunch first."

At twelve o'clock noon, the Hong Kong stock market officially closed.

Yang Ming, Lin Xiuzhi, Hailey, and bodyguard and driver Chen Zhenhua came to a nearby Cantonese restaurant.

Yang Ming asked for a private room.

In the room, Yang Ming said: "You can order whatever you like."

"Boss, then our company specializes in stock market investment?" Hailey asked.

"Stock market investment is just one of them."

Yang Ming specially brought Lin Xiuzhi and Hailey to see his strength in stock market investment.

Not long.

The food just ordered was delivered.

Yang Ming and them finished lunch here.

In the afternoon, he returned to the office of Huifeng Securities Company in a wheelchair.

The Hong Kong stock market closed at four o'clock in the afternoon.

However, at three o'clock in the afternoon, Yang Ming sold all the remaining stocks he bought in the Hong Kong stock market.

In addition to recovering the cost, he also made a net profit of 7 million Hong Kong dollars.

Overall, today's return rate is about 90%.

This kind of short-term investment has a return rate of more than 90%, which is very high in the eyes of Kayla and Lehman.

Like other investors, if they can get a return rate of 10 points, it is considered good.

"Mr. Yang, now that the Hong Kong stock market trading is over, are you going to come again tomorrow?" Kayla went to make a cup of coffee and asked Yang Ming elegantly.

"Of course not, I want to enter the London stock market."

London stock market?

Kayla, Lehman, even Lin Xiuzhi, Haley and others all attracted their attention.

London's finance has always been one of the best in the world.

Even now, in addition to New York being the world's largest financial city, London is the world's second largest financial city.

Among them, the London Stock Exchange and other securities companies in Country Y have a daily trading volume that is ten times or even more than ten times that of the Hong Kong Stock Exchange.

This means that the London Stock Exchange has a larger daily trading volume, and Yang Ming can make more profit on this exchange.

Like the four major exchanges in Hong Kong, it is not that he does not want to buy more stocks, but the main reason is that the trading volume of the Hong Kong stock market is so large now. Even if he buys 100 million or even more stocks at a time and sells them short-term, no one will take over.

However, the London Stock Exchange is different. The trading volume of the stock market on a trading day is more than ten times larger than that of Hong Kong.

This means that Yang Ming can play bigger there and naturally make more money.

Kayla asked in surprise: "Mr. Yang, although the trading volume of the London Stock Exchange is larger, the investors there are more mature in trading, which means that the risks there are actually greater, especially in terms of short-term investment."

"Mr. Yang, have you studied the London Stock Exchange?" Lehman asked in surprise.

Research?

How could Yang Ming study?

He just looked at the stocks on the London Stock Exchange in advance from those newspapers.

He knew in advance which stock would rise today and how many points it would rise.

However, he would not say these.

"A little bit." Yang Ming said.

"Mr. Yang, are you sure you really want to enter the London Stock Exchange?" Kayla asked again.

"Yes, you open an account for me at the London Stock Exchange immediately. When the London Stock Exchange can be traded, I will enter the London Stock Exchange."

Kayla began to get busy.

Huifeng Securities Company, the headquarters is not only in Hong Kong, but London is also one of Huifeng's headquarters.

It is actually very easy to open a stock trading account there now.

Because of the time difference.

Hong Kong time and London time are eight hours apart.

The opening time of the local stock market in London is 8:30 in the morning and the local closing time is 15:00 in the afternoon.

If it is changed to Hong Kong time, it will open at 16:30 in the afternoon and close at 23:00 that night.

Then this also means that the investment time of Hong Kong stocks is staggered with the stock time of the London Stock Exchange and is connected.

This also means that Hong Kong investors can invest in Hong Kong's stock market first, and then enter the London stock market half an hour later.

It is precisely because of this that Hong Kong has gradually become the world's third largest financial city.

At this time, it is more than three o'clock in the afternoon, and there is more than an hour before the London stock market starts.

Kayla has begun to open a stock market account for Yang Ming at the London Stock Exchange.

This takes about half an hour.

When Yang Ming filled out the relevant contracts and risk books, he soon got the stock market trading account of the London Stock Exchange.

This means that Yang Ming can enter the London Stock Exchange to trade at 16:30 in the afternoon of Hong Kong time.

"Mr. Yang, the account of the London Stock Exchange has been opened. If you want to buy any stocks, we can let them operate it at that time." Kayla came over and said.

Yang Ming, sitting in a wheelchair, began to calculate the funds he can use now.

In addition to the original 80 million capital.

However, he spent 10 million Hong Kong dollars on the purchase of the villa in Repulse Bay, 2 million was given to Lin Dezhong, the butler, to buy luxury cars and villa expenses, and 5 million Hong Kong dollars was given to the company's operations.

Then there was only 63 million left, plus he made 13.5 million in the Hong Kong stock market today.

All in all, the funds he can use now are only 76.5 million Hong Kong dollars.

This money seems to be a lot, but it is not enough to satisfy Yang Ming.

According to the current trading volume of the London Stock Exchange, it is more than ten times the daily trading volume of the Hong Kong stock market, or even more, which means that the daily trading volume there is at least 1 billion Hong Kong dollars, or even more.

According to the current exchange rate between Hong Kong dollars and pounds, 1 pound is equal to 16 Hong Kong dollars, which means that the daily trading volume is more than 60 million pounds, or even more.

Yang Ming calculated that the trading volume of the London Stock Exchange last week was basically around 70 to 80 million pounds.

And the funds that Yang Ming can use now are less than 5 million pounds.

In other words, the funds he could mobilize were not even one-tenth of the daily trading volume of the London Stock Exchange.