Chapter 089: The Top of the 48th Yuan
The next morning, Masayoshi Kishimoto still slept until he woke up naturally before getting up, and then habitually brushed his teeth, washed his face, and went to the restroom.
He ate the breakfast that Rie Sakai had made for himself without any haste, and then went to work at the company without any haste. Rather than going to work himself, it was more like a visit.
Masayoshi Kishimoto just didn’t agree that someone who was the boss had to worry about everything and do everything himself. In his philosophy of management, hiring people was the first priority. He only needs to use the right people and put the right people in the right positions.
This is not only able to “tailor-made”, maximize its own role, but also let the other party feel that their own ability to get the most out of the play, not to do their own work they do not like, but also have to do, a look at work such as graveyard, the purpose of the work is mainly in order to mix the salary.
If people can drink the northwest wind also can’t starve, nine out of ten of them will not work again. Even if you don’t stay at home all day to chase TV dramas, catch up, play games, etc., you will also go to do their favorite kinds of outdoor things.
Masayoshi Kishimoto didn’t need to take a car or squeeze into the subway, and walked to the company as if he were walking leisurely. He sat in his own separate office, first an internal phone call called Ota Feitsugu, the personal companion gift brought from Korea is to let it distributed to everyone. Everyone had it, and it didn’t fall through the cracks. Regardless of position, every one’s is the same.
Masayoshi Kishimoto called Kiyoshi Kobayashi with another internal phone call, and then handed Miyazaki Ryui’s thick stack of English version of the detailed analysis report about the three districts of Seoul’s Jiangnan to his hands and said: “You first look at this report made by Miyazaki Ryui. After you’ve read it, come back and tell me what you think.”
Even if he has already had a plan in his heart, has long decided to make some important investments in the future, but also want to listen to the different insights and views of others, after all, partial hearing is dark, and listen to both is clear.
“Another thing is that I want to set up a second office in Hong Kong.” Masayoshi Kishimoto told him the new plan he had in mind.
Kobayashi Kiyoshi held the report in his hands and pondered for a moment before voicing a different opinion, “Isn’t it too hasty? I can fully understand the president’s feelings.
Currently, the economy of mainland China is growing at a rapid rate, with double-digit growth every year. If we go straight in, we’re afraid of being overwhelmed.
Therefore, choosing Hong Kong as a bridgehead to enter the mainland China market is naturally the best choice. It’s okay to go in, and it’s okay to wait and see.
However, the Korean office was established only a few months ago, and was not yet firmly established. To this day, Miyazaki Ryui is solely responsible for the Korean office has not made a substantial return on investment projects.
Now, in addition to the report you gave me, President, the Korean side has been asking for money from the headquarters.”
“There’s nothing unreasonable about what you’re saying, so let me give it some more serious thought.” Masayoshi Kishimoto still recognized this kind of statement of his and said.
Seeing that the president had nothing else to explain, Kobayashi Kiyoshi turned around with the report in his hand and went out. As soon as he returned to his workstation, he devoted himself to his unfinished work.
At the same time, although Masayoshi Kishimoto realized that he had been a bit hasty, there was a reason for it that was not known to the outside world.
Now is the middle and end of June 1998, and April 7, 2000, China National Petroleum Corporation will be listed on the main board of Hong Kong, China National Petroleum Corporation to 1.21 Hong Kong dollars per share issued 17.582 billion H-shares, the total amount of the issue from the original 5 billion U.S. dollars cut to 2.9 billion U.S. dollars.
He knows very well that the Hong Kong shares of PetroChina, that is, the H shares, will rise all the way up to several tens of Hong Kong dollars per share, doubling as much as dozens of times. Not only that, it also made a lot of dividend payouts and distributions.
If they are to the year 2000 and then send people to Hong Kong to register and set up a company office, not without worrying about not being able to or be subject to all kinds of restrictions for a relevant subscription and trading.
Although PetroChina’s H-shares are mainly aimed at overseas institutions to raise funds, but for investment companies, familiarization and understanding of the basic local market laws and regulations is also a must.
Kishimoto justice naturally thought of PetroChina A shares for the majority of mainland Chinese investors, simply a nightmare, a to his own rebirth to here before the nightmare has not ended.
If he remembers correctly, PetroChina in March 2019, the price of the A-share market above was less than 8 yuan a share. It had left many, many people trapped and in tears, and there were even songs or poems reciting the top of 48 dollars.
If the highest price of PetroChina’s stock was 48.62 yuan, PetroChina had become the first company in the world with a market capitalization of more than one trillion dollars, up to 1.2 trillion dollars.
However, Kishimoto justice is no longer clear, combined with the actual situation at the time, is indeed extremely easy to let the majority of investors, not to mention small and medium-sized investors, even if the institutional investors, but also be tricked.
The issue price of PetroChina’s return to the Mainland from the Hong Kong stock market in 2007 was RMB 16.7. During this period, PetroChina’s performance with the oil price of more than 20 U.S. dollars to nearly 100 U.S. dollars significantly improved, just the industry’s relative cycle peak.
Coupled with the hot market, PetroChina’s mainland issue price of RMB 16.7 opened with a roaring start until it stood at the top of RMB 48, while the Hong Kong share price had already fallen to more than HK$10 at that time.
Also at this time, Warren Buffett, who had built a position at HK$1.5, was drastically reducing his holdings of PetroChina’s shares at around HK$10, while mainland stock commentators and investors laughed at Warren Buffett, claiming that PetroChina would go to a hundred dollars.
This is not empty talk. Justice Kishimoto understood that people who had not experienced that period simply did not understand how crazy people were pursuing PetroChina’s stock at that time.
As for the reason, it is only one is that the international oil price is also all the way up, two is that before this, PetroChina in Hong Kong stocks above the performance is also particularly eye-catching, three is the state monopoly enterprise ……
PetroChina A shares before the issue, but also need to carry out a very small probability of the lottery. Not only is the stockholders, but also weekdays inside the never speculate in the stock market people are beginning in order to be able to win the oil is to go to the stock market to register an account.
In everyone’s mind, whoever wins the lottery for PetroChina, then it means winning the lottery. They are all optimistic that PetroChina’s stock will go all the way up and multiply.
The ensuing benefit is that they themselves will be able to get rich and make a lot of money. Of course, PetroChina’s initial performance on the A-share market was also toward the expectations of the people in their minds.
If you grasp the earliest time, you can speculate successfully, from which you are bound to earn two or three times the profit.
Such assumptions in the ten thousand units of investors, are not there. They in addition to one by one even cut meat is too late, directly is the strong arm to leave the market, is to hold on for dear life, hoping that one day can make PetroChina’s stock to reproduce the peak moments, will also be able to unlock the set.