Li He did not have a good night's sleep. Shen Daoru and Huang Bingxin kept calling.
"Mr. Li, it's down, it's really down!" Huang Bingxin yelled frantically over the phone.
Li He shouted angrily into the phone, "It's time to sleep. What are you doing? Talk to me tomorrow. "
He hung up the phone with a clatter, pulled out the phone cable, and went to sleep.
He had just fallen asleep for a while when someone knocked on the door again. When he opened the door, he saw Shen Daoru and Huang Bingxin with bloodshot eyes. He said angrily, "Are you crazy? Why are you here so early in the morning?"
Shen Daoru pointed outside the window and said, "Mr. Li, it's already ten in the morning."
The sunlight had already flooded into the room and even shone on the end of the bed. He did not know where Li He got his big heart from. It was a mess outside, but he was still sleeping soundly, as if it had nothing to do with him.
"Got it. We'll talk later. "Li He went to brush his teeth and wash his face. His eyelids were still struggling, and he was not in the mood to listen to anything.
When the two saw Li He's leisurely manner, they could only watch anxiously. It was as if the emperor was not anxious, and the eunuchs were anxious to death! He unconsciously lit his cigarette again. His hand holding the lighter was still trembling, and he failed to light it up a few times.
Huang Bingxin saw Li He come out of the bathroom and said hurriedly, "The market opened more than 200 points lower, and by the time the market closed, the Dow Jones Industrial Average dropped 528.32 points, from 2246.72 to zero, a drop of 22.9%, the highest drop in a single day. Mr. Li, we won the bet! And your prediction was completely correct. The Hong Kong Stock Exchange announced a four-day closure! "
The way the two looked at Li He was completely different. They admired him from the bottom of their hearts! His admiration for Li He was like a torrential river that flowed endlessly!
The Dow Jones Industrial Average dropped by three years in one day. This was something no one could have imagined, and no one dared to imagine!
But Li He dared to make such a bold prediction!
It was a god-like prediction!
Li He was stunned. The trend of the US stock market was slightly different from history. The US stock market did not have such a big drop in the past. It seems that his and Goldman Sachs' participation had aggravated the US stock market's decline!
Shen Daoru waved his hand in front of Li He. "Mr Li, Mr Li."
"Oh." Li He came back to his senses and asked, "Have you closed your positions?"
Seeing that Li He finally got to the point, Huang Bingxin smiled happily. "Although it's only 70%, we've earned 1.864 billion yuan. Goldman Sachs has waived all funding interest and administrative fees for us according to the agreement."
He could save more than 50 million on this alone, so he couldn't help but be happy.
"That's 62% profit?" Li He was quite satisfied. Even if he were to lose the remaining 30%, he wouldn't feel the pinch. After all, he would still make a profit. However, compared to those real short-sellers, his was nothing. The US stock market lost more than $500 billion in a day. Whose pocket did this money end up in?
The rise and fall of the stock market, who won and who lost?
Not from a macroscopic perspective, but from a purely microscopic perspective of the secondary market, the secondary market transaction itself did not directly create wealth. It was more of a transfer of wealth.
The money was earned by the people who sold at the highest point, and the people who took over became poor.
"Everything is out of control," The New York Times reported.
There were countless investors who suffered heavy losses that day. The world's richest man, Sam Walton, lost 2.1 billion US dollars in one day. The world's youngest billionaire, Bill Gates, lost 3.945 billion US dollars. The computer king, Wang An, lost 31 million US dollars on the afternoon of the 19th.
Many millionaires became poor overnight, and the most miserable were the investors who invested their hard-earned money in the stock market. Shaken by the plunge in stock prices, the psychology of the investors became extremely fragile. Many people who couldn't bear the burden of debt due to the stock market crash had a mental breakdown, and there were many news of suicide. Banks went bankrupt, factories closed, and companies laid off a large number of people.
On this day, one-eighth of the US GNP disappeared.
Not only the US, but the global market was also devastated.
This time, the lesson for the Americans was too deep. In 1988, the SEC and the US Commodity Futures Trading Commission approved the circuit breaker mechanism.
The "circuit breaker mechanism" was like a fuse. When the current was too high, it would fuse and protect electrical appliances. When used in the stock market, when the price fluctuation reached a certain limit, trading would be suspended, or trading could continue, but the price would be limited to a certain range.
Later, I learned from international practice and gave everyone 15 minutes to drink water, write a will, tidy up their appearance, choose a way to die rationally, and then die a heroic death!
China's self-developed circuit breaker mechanism was the world leader. Four circuit breakers in four days, losing 4.5 billion US dollars per second. The China stock market lost 7 trillion US dollars in four days, and became famous around the world. It was equivalent to losing two Austria's GDP in four days.
The "circuit breaker mechanism", which was officially implemented and stopped for only four days, may become one of the shortest and most embarrassing measures in the history of China's stock market.
Huang Bingxin said, "Yes, when the Goldman Sachs stock index contract expires, according to the agreement, it will definitely be more than this. They invested 5 billion this time. "
"5 billion?" Li He could not help but be speechless. 'Sure enough, the rich can do whatever they want. This is good. The two companies will be in the same boat in the future. The tall one will be blocking the thunder, and he will be making a fortune quietly. Compared to the huge profits of Goldman Sachs, his is completely insignificant. '
Shen Daoru said excitedly, "Mr. Li, what's our next step?"
This time, he was completely convinced by Li He. He could not help but be excited when he thought about how he would be in control of a company worth billions of US dollars in the future. At that moment, he had already made up his mind to closely unite with the company's top management, where Li He was the big boss. He wanted to learn and implement Li He's instructions, raise the great flag of Li He's thoughts, and use Li He's theory of development as the company's guide!
Li He smiled and said, "Don't you want to be the chairman of a listed company?"
"Mr. Li, is what you said true?" Shen Daoru did not expect happiness to come so quickly!
"Of course, it's up to you to decide how many companies you want to buy." Li He paused for a while and continued, "I am more optimistic about department stores and real estate. I only have one condition, which is to obtain full control of the company. I am not interested in being a shareholder. "
His words now sounded a little rich and overbearing. With the current financial resources of Yuan Da Company, it is not a problem to buy a listed company! The key is how to choose!
"But, according to your prediction, the Hong Kong stock market will continue to fall. If we buy it now, will there be any losses?"
Li He pointed at Huang Bingxin and said, "You tell me."
Huang Bingxin said, "There are many companies with a market value of 300 to 500 million HKD. We can control the market with our funds, and we are not afraid of our opponents shorting them! We will buy as much as they have! We guarantee that they will not return! "
Shen Daoru said, "Then when do we make our move?"
If he really succeeded, he will be a famous person in Hong Kong!
Li He said, "Of course, we will wait for the Hong Kong government to announce their rescue. You must promote your support for the Hong Kong government. Give me as much money as you can!"
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