Chapter 089: The Peak of 48 Yuan
The next morning, Masayoshi Kishimoto still slept until he woke up naturally before getting up, and then he habitually brushed his teeth, washed his face, and went to the toilet.
He had eaten the breakfast prepared for himself by Sakai Rie, and went to work in the company without any haste. Rather than going to work, he said he was going to have a look.
Masayoshi Kishimoto disagrees that as a boss, people must worry about everything and must take care of everything. In his management philosophy, employed people are put first priority. As long as he uses the right person, he puts the right person in the right position.
This not only allows you to "tailor" and maximize your role, but also makes the other party feel that your ability has been maximized. It is not just about doing a job that you don't like, but you still have to do it. Working is like visiting a grave, and the purpose of work is mainly to make a living.
If people can drink the northwest wind and cannot starve to death, eight out of ten of them will not work anymore. Even if they don’t stay at home all day to watch TV series, movies, play games, etc., they will do all kinds of outdoor things they like.
Masayoshi Kishimoto did not have to take a bus or squeeze into the subway, and walked to the company like a leisurely stroll. He sat in his separate office, and first called Daeta Asuka with an internal phone call, and gave the souvenir he brought from South Korea to everyone. Everyone had it, but they did not fail. No matter the position, everyone's belongs to it.
Masayoshi Kishimoto called Kobayashi Kiyoshi by another internal phone call, and handed the thick English version of Miyazaki Ryui's detailed analysis report on the third district of Gangnan in Seoul and said: "You can first look at this report on Miyazaki Ryui's work. After you have read it, let's talk to me about your opinion."
Even if he already has a clear idea in his heart, he has long decided to make an important investment in the future, but he also wants to listen to other people's different opinions and opinions. After all, listening in a side way will make a secret, and listening in both ways will make a clear mind.
"The other thing is that I want to set up a second office in Hong Kong." Masayoshi Kishimoto revealed his new plan to him.
Kobayashi Kiyoshi held the report in his hand and pondered for a moment, put forward different opinions and said: "Are you too hurrying? I can fully understand the president's mood.
At present, the economic growth rate in mainland China is very fast, growing at double digits every year. We go directly into it, but we are afraid that we will not adapt to the local environment.
Therefore, choosing Hong Kong as a bridgehead for entering the mainland Chinese market is naturally the best choice. You can go in and wait and see.
However, the South Korean office has only been established for a few months and has not yet established a foothold. To this day, the South Korean office, which Miyazaki Ryui is fully responsible, has not made a substantial return on investment project.
Nowadays, except for getting the report you gave me by the president, I am the South Korean side asking for money from the headquarters.”
"You are right, let me think about it seriously." Kishimoto Masayoshi still recognized his statement.
Seeing that the president had no other explanation, Kobayashi turned around and went out with the report in his hand. As soon as he returned to his workstation, he devoted himself to the unfinished work.
At the same time, although Kishimoto Masayoshi realized that he was a little too hasty, there were reasons for not being told by outsiders.
It is now mid-to-late June 1998, and on April 7, 2000, China Petroleum and Natural Gas Co., Ltd. will be listed on the main board of Hong Kong. PetroChina will issue 17.582 billion H shares at HK$1.21 per share, and the total issuance amount will be reduced from the original US$5 billion to US$2.9 billion.
He knew very well that PetroChina's Hong Kong stocks, that is, H shares, would rise all the way to several dozen Hong Kong dollars per share, up dozens of times. Not only that, he also paid a large amount of dividends and dividends.
If I send someone to Hong Kong to register and establish a company office in 2000, I am worried that I will not be able to or subject to various restrictions to conduct a related subscription and transaction.
Although PetroChina's H shares mainly raise funds from overseas institutions, it is also necessary for investment companies to be familiar with and understand some basic local market laws and regulations.
Masayoshi Kishimoto naturally thought that PetroChina A-shares were simply a nightmare for mainland Chinese investors, a nightmare that had not ended until he was reborn here.
If he remembered correctly, in March 2019, the price of PetroChina in the A-share market was less than 8 yuan. It left many people trapped in tears and cried, and some even wrote songs or poems to recite, which was as high as 48 yuan.
If the exchange of foreign exchange dollars was calculated based on the highest price of PetroChina's market stocks at that time of RMB 48.62, PetroChina had become the first company in the world with a market value of over one trillion US dollars, up to US$1.2 trillion.
However, Masayoshi Kishimoto was very clear, but based on the actual situation at that time, it was indeed extremely easy for a large number of investors, not to mention small and medium-sized investors, even institutional investors, to be caught.
In 2007, the issuance price of Zhongshi's return to the mainland from the Hong Kong stock market was RMB 16.7. During this period, PetroChina's performance increased significantly with the oil price of more than US$20 to nearly US$100, which was exactly the peak of the industry's relative cycle.
In addition, the market was booming, and PetroChina was issued in the mainland at RMB 16.7, and it soared all the way until it reached the top of 48 yuan. At that time, the price of Hong Kong stocks had fallen to more than 10 Hong Kong dollars.
At this time, Buffett, who built a position of 1.5 Hong Kong dollars, was also significantly reducing his holdings in PetroChina's stocks around 10 Hong Kong dollars. Mainland stock comments and investors mocked Buffett, claiming that PetroChina would reach 100 yuan.
This is not groundless. Kishimoto Masayoshi understands that people who have not experienced that period do not understand how crazy people were in the pursuit of PetroChina's stocks at that time.
As for the reasons, it is nothing more than that international oil prices have been rising all the way. Second, before that, PetroChina's performance in Hong Kong stocks was also particularly eye-catching, and three state monopoly enterprises...
Before issuing the A-shares in PetroChina, they also need to draw a very small probability of lottery. Not only investors, but also people who never trade stocks on weekdays have begun to register an account in order to win the lottery in PetroChina.
In everyone's mind, if anyone wins the lottery, it means winning the lottery. They are all optimistic that the stock of PetroChina will rise all the way, up N times.
The benefit that comes with it is that you can make a fortune and make a lot of money. Of course, the initial performance of PetroChina in A-shares is also rising towards people's expectations.
If you seize the earliest opportunity and succeed in speculation, you will inevitably make two or three times the profit.
Chapter completed!