It's night in Tokyo and Hong Kong, and morning in the US. It's time for the US stock market to open.
Yesterday, the US electronics shares had plunged. Although the share prices had risen slightly, they continued to fall after the market opened today. Panic selling is not easy to stop.
Some of the speculators in the US who had bought these shares also started to dump their shares. They had dumped their shares late yesterday, and many of them had not sold their shares. That's why when the market opened today, they started to dump their shares to stop their losses. Of course, if they had bought the shares two weeks ago, they will not suffer any losses.
These companies tried to stabilize their share prices and mobilized a large amount of funds to push up their share prices. Some speculators and individual investors also joined in to buy their shares. Even the Japanese Government is involved. But at this time, the shares of the chemical companies started to fall.
It's the same as yesterday. There were no signs of this large-scale dumping.
At first, many people were excited. They had wanted to buy these shares for a long time. With so many shares available, they started to buy.
But soon, they realized the share prices start to plunge even faster than yesterday. Many people don't understand why this happened.
Even Warren Buffett is looking at the situation. He wants to know why so many people are dumping their shares. He wants to know if it has anything to do with the electronics shares plunging yesterday.
Warren Buffett soon found out that the funds for this large-scale dumping are from Hong Kong, Macau, etc. Could it be the same group of people?
But it's too far-fetched to say that these people are manipulating the share prices. The ones pulling up the share prices are the shareholders of those companies. These people had only bought the shares and did not do anything!
Warren Buffett frowned. Did these people know that these companies' share prices will rise and decided to buy their shares together? But why are they dumping their shares together? A small scale dumping should be the most reasonable. This way, the share prices will stabilize, and they can continue to make more money.
With such a large scale dumping, the share prices will plummet, and they will make less money. Unless these people want the share prices to plummet. But what's in it for them? Will they buy their shares back? That will be manipulating the share prices!
Warren Buffett does not know that these people did not want the share prices to plummet. It's because these people do not understand the financial rules and want to sell their shares as soon as possible. Anyway, they had made enough money. Even if it was limit down, as long as they could sell it, they could make money.
Although some brokers told them that it was wrong to do so, why would they listen to them? All they knew was that they had made a lot of money on the books, and they could make money by selling it. Whoever could throw faster would earn more!
Feng Yu was speechless when he heard about this. Could these people really lead them to attack the international hot money in two years? If these people ran away at this crucial moment, then he and the Fu Family would be trapped.
In his previous life, he had never heard of this group of people being so short-sighted. Was it because Hua Xia's government had invested a large sum of money?
Fu Rongqi knew he could not control these people, and that's why he told Feng Yu to sell his shares as soon as possible. However, he did not expect that this group of people would sell faster than he had imagined.
These people were earning more than the Fu Family and Feng Yu. But Feng Yu does not care about this. This way, these people might trust them more and they might be more obedient in the future.
Feng Yu and the rest were the ones who pushed the share prices up. If they had not joined in, the share prices would have plummeted, and they might not be able to sell all their shares now.
But this was also a good thing. Feng Yu was happy to see those Japanese companies suffer another blow. When the share prices plunged the last time, those big companies had suffered heavy losses, and even Japan's economy was affected.
This time, Japan's economy will be worse. Although it will not be as bad as a few years ago, some companies will be bankrupted, and there might even be a wave of suicides.
Statistics showed that the Japanese were one of the countries that liked to commit suicide by jumping off buildings the most. Moreover, the percentage of people committing suicide was high all year round.
These companies will have to stabilize their share prices, and they will not have enough funds to invest in R&D. This will be beneficial to Wind and Rain Electronics and other companies.
From this point, Feng Yu did not suffer any losses. He was one step ahead in the consumer electronics industry, and the profits were not a small amount.
When the market was closed, the chemical industry's share prices plunged, and this attracted the attention of the relevant US departments. After their investigation, they discovered that it seemed to be a group operation.
But this was not the usual manipulation of share prices. Those companies that dumped their shares the fastest were doing this for the sake of selling. They did not care about the profits.
However, there was clearly nothing wrong with the companies that had their stocks dumped. How did this happen?
The government also noticed that these speculators were from Hong Kong. Could it be the result of some tycoons from Hong Kong working together? Hong Kong had the highest concentration of tycoons in the world. In the end, many tycoons rejected the invitation and did not make use of the financial crisis to stir up trouble.
A few days later, Feng Yu and the Fu Family's last remaining shares were dumped. Fu Rongqi invested his money back into the Forex market, and Feng Yu used his funds to buy Microsoft and other high-tech shares.
Now, Feng Yu's motto was to buy Microsoft if he does not know what to buy. Anyway, Microsoft will rise in the next few years, and he can make money without doing anything.
… …
The shares of these Japanese companies had dropped by more than 20%, but they did not plummet. This made the investors feel better. Warren Buffett still did not dump his shares. He is used to speculating on the long term, and these shares will surely rise. Although he will not suffer any losses if he sells them now.
Many investors saw that Warren Buffett still owns these companies' shares and regained their confidence. They did not continue to dump their shares, and some even bought some of their shares.
It was these investors who helped Feng Yu and his men to get out of this mess. Feng Yu and his men did not do much, and Feng Yu and his men should thank Warren Buffett for this.
Of course, those Japanese companies should thank Warren Buffett even more. If Warren Buffett had not continued to hold their shares, their share prices would have plummeted even more!
The Fu Family had made the most out of their investments in the US, and the second was Feng Yu. If the Fu Family had not cooperated with each other, Feng Yu would have made the most out of their investments. Many tycoons thought they had made a lot of money, but compared to Feng Yu, they were nothing.
Kirilenko, who was in Moscow, called Feng Yu to thank him. This time, he had also made a lot of money. The friendship between the two of them had taken another step forward …
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