In Hong Kong, we build a global business empire
Chapter 34: Forming a Trading Team
Chapter 34: Building a Trading Team
"What do you think, how can we increase the speed at which Hutchison Whampoa acquires stocks?" Lin Haoran asked.
"Mr. Lin, the easiest way is to add more traders. We currently have too few people and it is difficult to compete with the trading teams of some consortiums. However, fortunately, judging from the current situation, these teams have been cautiously absorbing stocks in order to avoid the stock price being raised too quickly. In this way, we are able to absorb some stocks from them." Su Zhixue gave his own advice.
Lin Haoran had considered adding more subordinates, especially traders like Su Zhixue who were in trouble.
However, during this period he often went to Wan'an Group, but he never met talents like Su Zhixue who were in financial difficulties. Therefore, even if he invited other people to join, it was difficult to guarantee their high loyalty.
So, Lin Haoran put the matter on hold for the time being.
But now it seems that forming a trading team and adding traders have become necessary steps.
Otherwise, if Wharf's acquisition progress is too slow, resulting in high final costs, it would be a loss-making result.
In addition, he is facing another crisis that may erupt at any time, that is, Qingzhou Yingni may be targeted by Li Jiacheng at any time.
Although he already holds nearly 13.9% of Qingzhou Yingni's shares, if Li Jiacheng's team starts to acquire Qingzhou Yingni, with their strength, they are likely to quickly surpass Lin Haoran's shares.
After all, after Cheung Kong Holdings sold its Wharf Holdings shares to the ship charter king, it had abundant funds, and Lin Haoran was simply unable to compete with them in terms of financial strength.
You should know that acquiring stocks is not limited to the stock market.
With Li Jiacheng's connections and resources, he will most likely be able to persuade some of Qingzhou Yingni's shareholders to sell their shares to him, which will greatly speed up his acquisition of shares.
Therefore, Lin Haoran must now acquire a certain number of shares as soon as possible and make the news of his becoming a major shareholder public to Qingzhou Yingni.
In this way, he might be invited by the board of directors of Qingzhou Yingni to become a member. This news would surely reach Li Jiacheng soon, and they might stop thinking about acquiring Qingzhou Yingni.
Even if Li Jiacheng continues to set his sights on Qingzhou Yingni, Lin Haoran, as the director of Qingzhou Yingni, will have more ways to respond flexibly and force Li Jiacheng to eventually give up Qingzhou Yingni.
In addition, when the number of shares acquired is close to the number he has predetermined, Lin Haoran will find a way to push up the share price of Qingzhou Yingni.
In this way, even if Li Jiacheng wanted to acquire stocks from the stock market, it would take more time and money.
As long as Lin Haoran can successfully obtain sufficient funds from Hutchison Whampoa, he will be able to continue to acquire shares of Qingzhou Yingni, thereby achieving the goal of truly controlling Qingzhou Yingni.
What Lin Haoran lacks now is time!
Moreover, most traders strictly abide by professional ethics. They will sign a confidentiality agreement before joining the company and will not disclose company secrets at will under normal circumstances.
Therefore, after hearing Su Zhixue's suggestion, Lin Haoran thought about it and decided to form a team of several people to speed up the progress of stock absorption.
"Zhixue, since you are working in this industry, I guess you studied finance in college?" Lin Haoran started chatting with Su Zhixue.
"Mr. Lin, you are right. I graduated from the Department of Finance of Hong Kong University." Su Zhixue answered truthfully.
Although Hong Kong University has not yet joined the ranks of internationally renowned universities at this time, with the vigorous development of Hong Kong's financial industry, the strength of its financial majors has been growing and has been increasingly recognized by the industry.
"I want to form a trading team with you as the leader. The number of people is temporarily set at about five. Do you have any trustworthy friends to introduce?" Lin Haoran directly stated his purpose. He believed that Su Zhixue had 100% loyalty, and if Su Zhixue had a candidate to recommend, then this person's character and ability must be trustworthy.
What's more, after recommending them, he can also use the golden finger to see the loyalty of these people and judge what kind of person they are.
Before this, he was too timid.
Hearing Lin Haoran's words, Su Zhixue's eyes lit up, and he said directly: "Boss Lin, I know a lot of people in this industry, and a large part of my classmates are engaged in this industry. I have good relationships with several of them. When I raised money for surgery before, I mostly borrowed from them. I can absolutely guarantee their character. It is not difficult for me to recruit four people. As long as the salary you offer is a little higher than their original company, they should be willing to switch jobs."
"Is there anyone who can start work right away? If you resign, it will take some time, right?" Lin Haoran continued to ask.
"Mr. Lin, with the rapid development of Hong Kong's financial industry, especially after the bull market of shark fin rice, what we in Hong Kong lack the least is financial talents. I have a friend who is unemployed right now. He just left his original company for more than a month and is currently looking for a job. His trading skills are definitely at a professional level. If other people want to resign, it usually takes a week to hand over." Su Zhixue answered cautiously.
"Okay, then you notify them tonight and ask them to come for an interview tomorrow. I will give each person a basic salary of HK$4,000, and the bonus will depend on their performance!" Lin Haoran said directly.
A basic salary of HK$4,000 is already very good in this industry. In fact, a trader's income depends more on bonuses and commissions.
For example, when Su Zhixue was working at Wan'an Group, his base salary was only HK$2,500. With bonuses and commissions, it barely reached more than HK$4,000 a month.
"Okay, Mr. Lin, I will notify them tonight. But except for the unemployed friend, the other three will need to come for the interview during their lunch break. Their current workplaces are all nearby, so it is not difficult for them to come." Su Zhixue replied.
"Well, thank you for your hard work tonight. Work hard, and you will be the leader of this team in the future. Follow me, and as long as you perform well, you don't need to worry about bonuses and commissions. Go back and have a rest today!" Lin Haoran said to Su Zhixue with a smile.
Watching Su Zhixue leaving, Lin Haoran sat in a chair and began to think about his next plan.
Once the right people are recruited, the speed of stock acquisition will definitely be greatly improved.
At that time, he won’t have to worry too much about Hutchison Whampoa.
After all, his target was not actually that big, just over one million shares.
The total number of shares held by Hutchison Whampoa is over 100 million shares.
Therefore, Lin Haoran's target is indeed insignificant compared to the entire Wharf Holdings' stock.
What he was most worried about was the situation in Qingzhou Yingni.
Even though he has become a major shareholder of Qingzhou Yingni, he still cannot ensure that everything is safe.
Since he could not obtain any intelligence from Cheung Kong Group, he could only rely on luck to deal with the subsequent situation.
After pondering for a long time in the office, Lin Haoran finally decided to leave.
He knew that it was useless to think too much now, and the only way to prepare for future challenges was to continue planning.
New book, please read it, please read it, please read it~
(End of this chapter)
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