In Huang Bingxin's opinion, shorting the US stock market was unwise!
In the 1980s, the US stock market had experienced a 50 year bull market. The stock market value rose from 2,472 billion US dollars in 1980 to 5,995 billion US dollars in 1986. From 1982 onwards, the stock price continued to rise and the trading volume increased rapidly. In 1987, the daily trading volume reached 180.6 million shares. The stock market was booming and its growth rate far exceeded the growth rate of the real economy. The growth rate of financial transactions far exceeded the growth rate of world trade.
Shorting the stock market was simply nonsense! Moreover, it was 600 million US dollars! This was simply nonsense! He admired Li He's success in trading Yen, but it did not mean that he would succeed in the US stock market!
In a hurry, he saw the financial newspaper on the bed. As if he had seen a life-saving straw, he grabbed it, flipped through two pages, pointed it out to Li He, and said anxiously, "Mr. Li, I absolutely cannot agree! This is too risky! Look, the US economy is doing well. The employment rate is at its highest level, production is increasing, and the trade balance is improving. The Chairman of the Federal Reserve recently said that there is no sign of further inflation. The Dow Jones Index is currently very stable and does not have the conditions to speculate! "
He was very agitated and suddenly forgot that Li He was the boss.
"Just do as I say. You don't have to say anything else," Li He said firmly.
Shen Daoru also said, "Mr. Li, should we reconsider? It is indeed very risky. Even if we do, we can do less. Even if it is 300 million US dollars, it is fine. There is no need to make such a big bet. "
"Compare this year's US stock market chart with 1929's technical analysis chart. I think it's very similar. Every time there is a break in the market's parabola, there has always been a stock market crash in history. "
Li He was just spouting nonsense. How would he know anything about technical analysis of stocks? He was just following his memory and talking after the fact. He only remembered the 1987 US stock market crash. The Dow Jones Index fell 32 points in one day, a drop of 6%. It was the highest drop in a single day since 1941. Within five hours, the New York stock index lost 500 billion US dollars, which was equivalent to 1/8 of the US gross domestic product.
Huang Bingxin said, "Mr. Li, do you think there will be an economic crisis in the US?"
Li He said, "It's not an economic crisis. It's a stock market crash. It might even be a global stock market crash."
"But Mr. Li, isn't it a little too hasty to judge based on the technical drawings?"
Li He said, "I've already thought about it. You don't have to persuade me anymore. Also, if I succeed this time, I can use the funds to bid for Kangnian Bank. I'm determined to get Kangnian Bank. All you have to do now is tell me the maximum leverage that the Bank of B City can provide. "
Either he doesn't do it, or he does it in a big way. After the Nikkei Index battle, he was convinced that the direction of history had not changed much, and his butterfly did not cause much shock.
At this moment, piles and piles of cash were waving at him. If he didn't grab them with all his might, it would be intolerable!
Huang Bingxin knew that Li He was determined to short the US stock market, and he was worried. Although the money did not belong to him, he would still feel heartache if so much money passed through his hands. Initially, he had hoped that Li He would keep some money to buy Kangnian Bank, but he did not expect that Li He would want to short the US stock market. He could not keep up with Li He's thinking.
"If you really want high leverage, B City is not suitable. 50 times leverage means 30 billion. B City and Morgan don't have that kind of capability. If you're not careful, you'll lose your position. I suggest Goldman Sachs."
At this moment, he was thinking from Li He's point of view. If there really was a stock market crash, banks would normally restrict their loans to securities companies. This could cause some of the companies to default and worsen the crisis. At the same time, if the deposit was unexpectedly large, the settlement bank would not be willing to accept the payment from the member companies. Therefore, it was very important to find a broker with the ability to fulfill the contract.
Li He said, "Then Goldman Sachs. 50 times leverage, leave a 10% position, open an account before October 17th, ensure that the funds are in place, and find a few reliable traders. That's all. You guys can carry it out. Also, see how much the land in Yuan Da Company's hands can be mortgaged for. Continue mortgaging and think of a way to get 50 million USD. "
To him, the more capital he had, the better. Furthermore, if he only let Yu Dehua pay, Yu Dehua would be a little jealous. It was better to be fair.
"I'll deal with it as soon as possible."
Shen Daoru and Huang Bingxin looked at each other and nodded helplessly. They really did not have the ability to refute. Li He was the big boss, and the boss had the final say. They were also nervous. If they lost this bet, not only would Li He lose everything, but the two of them would also be in trouble.
After Yu Dehua and Pinsong came back, Li He asked him to raise 100 million USD before October 17th.
"100 million USD!"
Yu Dehua was shocked.
"Yes, 100 million USD. Is there a problem? "
Yu Dehua said awkwardly, "100 million USD isn't a problem, but if we withdraw the funds, the company will not be able to operate. I want to ask, what is it for?"
Li He said, "Don't worry about it. I only need this money for three days. After three days, it will return to your account. The company belongs to the two of us. I will give you 10% interest per day for your portion of the funds. "
"Okay." Yu Dehua gritted his teeth and agreed. He had no reason not to do eight to nine million USD in three days. Moreover, now that Li He was the big shareholder and the big boss, he had no right to reject him. "I'll arrange for it to be transferred before October 17th."
"Okay, that's it then. Just put it into Elder Shen's account." Li He stood up and carried his suitcase downstairs.
He and Pinsong got into Yu Dehua's car. As soon as they reached Shenzhen, he passed their passes to Yu Dehua and asked him to arrange for the documents.
Su Ming saw that Li He and Shen Daoru had returned and asked curiously, "Why are you back?"
Li He said, "The passes have expired."
Su Ming arranged for Li He to wash his face and take a bath.
Erbiao and Pinsong chatted for a while and shouted, "Don't be anxious. We'll go again in a few days. We'll kill him when we find him."
Su Ming said, "It's our own business. What's the point of relying on others? Elder Yu, rest."
Yu Dehua smiled and said, "Don't take my kindness for granted. I have the ability to do this in Hong Kong."
Su Ming smiled and said, "Thank you. You don't have to worry about it."
"Okay." Yu Dehua said goodbye to Li He and drove away.
Li He said, "You guys can do as you see fit."
He believed that Su Ming and the others would be able to handle this matter well.
He asked about Li Aijun's whereabouts. Su Ming said, "After returning to Shenzhen yesterday, he rushed to Guangzhou. He didn't even want to stay for a meal."
Li He was thinking about how to apply for leave from the school. He couldn't find a suitable reason, be it sick leave or personal leave.
In the end, he braced himself and dialed Professor Wu's house phone number.
"Apply for leave? Why would you apply for leave if you're not sick? Teacher Li He, please correct your work attitude. "
Li He held the phone far away. After Professor Wu finished shouting, he put the phone close to his ear and said, "Professor Wu, I really have something to do. Can you help me arrange a substitute teacher for me for two weeks? I'll go back as soon as possible."
"Find a substitute teacher? It's easy for you to say. The school has its own system. How can you change the classes just because you say so? "
"Sorry to trouble you, Professor Wu." Li He knew that Professor Wu was telling the truth. The school had strict control over the class schedule. It wasn't as casual as before.
The main reason was that some of the teachers that the school sent overseas for short-term exchange training never returned. As the control over going overseas became stricter and stricter, it seemed to be a matter of course that they didn't return on time. This caused many teaching plans to be disrupted.
Therefore, the school and many units had strict requirements for going overseas. Most of the people who were sent overseas would choose to stay in China with their families. This way, they would at least have a family to tie them down. Moreover, even if it was a family visit, both the husband and wife's work units had to show their consent.
Li He couldn't help but think of Yan Hong. He didn't know if she would come back this year.
Professor Wu sighed and said, "It's up to you."
Li He also sighed. Sure enough, he had no choice but to take someone else's salary.
At night, the girl named Wu Wei stewed a chicken.
Li He used his chopsticks to dig in the pot. He looked at the empty chicken coop in the corner and asked Su Ming, "Pheasant?"
"They covered the pheasant with a net yesterday. It smelled good. Try it."
"Everyone should love animals, especially cooked ones."
In the following days, Li He lived a carefree life. At dawn, he brought Pinsong to the hilltop to catch pheasants. Su Ming, Erbiao, and the others had their own things to do, so Li He didn't let them follow. Because there were construction sites everywhere, there were many pheasants gathered in a limited number of mountain ridges. It was humid in the morning, so the pheasants didn't move very fast. As long as the slingshot was accurate and ruthless, they could occasionally catch a few.
If it weren't for the fact that this place was close to the border control station and there were armed policemen guarding the border, Li He would have used a shotgun to hunt. Using a shotgun to make any noise was purely courting death.
In the afternoon, he rented a small boat and went out to sea. He found a reef and sat there for the whole day. Usually, he returned with a full load. He suddenly realized that he liked this kind of life. He even had the idea of settling down in the south. Ever since his rebirth, he had never been so happy and satisfied.
If he wanted to fish, he would fish. If he wanted to drink, he would drink. If he wanted to bathe, he would dog paddle a few times in the sea.
He repeated this for a few days, and the more he enjoyed it, the happier he became.
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