Chapter 981: Preparing for the Second Phase of the Short Selling Plan
[After three years of signing, my identity as a great person was exposed] []
Wall Street giants are still in the stage of making a lot of money by shorting island country bonds, and Yang Chen's new plan has begun again.
In the evening, Yang Chen sent a video conference request to the Wall Street giants.
It took more than half an hour before the CEOs gathered together.
The president of Goldman Sachs was attending a party. When his secretary said that Yang Chen wanted to have a video conference, he rushed back immediately.
There were other presidents who were also doing other things. When they heard that Yang Chen wanted to have a video conference, they all dropped what they were doing and rushed back for the meeting.
Even though they were very tired in rushing back one by one, everyone had a smile on their face.
If they could be so tired every day, they would be so happy every day.
Yang Chen said with a smile: "Everyone, I'm sorry for wasting everyone's time."
Goldman Sachs President: "Haha... As long as there are projects to work on, Mr. Yang can delay us like this every day, and it's not too late for us to be happy."
Citigroup President: "Haha... Yes, yes, that's what it means. Mr. Yang, what are you talking to us about this time?"
Yang Chen: "The over-issuance of currency in the island country is serious. Now that the stock market and property market have risen sharply, we can lay out the second phase of the short-selling plan."
As soon as they heard there was a plan, the CEOs immediately cheered up.
Yang Chen told everyone in detail about the second phase of the short-selling plan.
The current rise in the stock market in island countries is not because there is any motivation to rise, but simply because too much money has been issued. The money has nowhere to go and can only enter the stock market and property market.
The island country’s property market has lost investment value since the bubble burst in the last century, so this time they are not shorting the property market, but shorting the island country’s stock market.
As we all know, for the stock market to rise, it must be backed by a strong economic foundation.
The U.S. stock market has been rising for more than ten years. Where is the motivation?
The motivation is that they have caused trouble everywhere in recent years, plundered resources, and ensured the continued development of their country's economy.
Why do the stock markets in other countries rise and fall?
It is because there is not enough economic volume to support the unilateral rise of the stock market.
The performance on the market is that it rises by a few hundred points and then plummets.
The fundamental reason why the European stock market fell sharply is that the European economy was hit hard and the prices of energy commodities soared, which seriously hindered economic development.
Similarly, island countries that rely on imports for 90% of their energy and 60% of their food supplies are in a worse situation than Europe.
According to normal logic, the stock market of the island country should continue to fall.
However, in recent times, the stock market of the island country has been rising, which is very inconsistent with economic laws.
The reason is that the central bank of the island country previously issued too many currency repurchase bonds, resulting in too much island country currency on the market.
The money rushed into the stock market, pushing the market higher.
However, the over-issued currency cannot always push up the market. Eventually, the market will have to return to rationality and match the economic situation of the island country.
Therefore, if you start shorting the stock market of island countries now, you will surely make a profit without losing money.
After hearing Yang Chen's detailed plan, the giants all laughed happily.
For them, as long as there is profit, they don't care what happens to the island.
Goldman Sachs President: "Haha... Mr. Yang's plan is perfect. I think it can be done."
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[After three years of signing, my identity as a great person was exposed] []
Citigroup President: "As long as it is Mr. Yang's plan, it must be perfect. Should we start now?"
Yang Chen: "Yes! The island country's stock market has been rising for many days. The upward momentum brought by the excessive currency issuance has been exhausted, and it will soon enter a downward trajectory.
We can start now by exchanging rice gold for island currency and induce some of the island currency to flow into the international market, which can accelerate the decline of their stock market. "
Mi Yin Milin: "I have to say that Mr. Yang has a really thorough understanding of financial investment and economic laws. You understand all the connections between economic phenomena. That's why you can formulate such a detailed and perfect plan."
Yang Chen smiled and replied: "There is no way, my starting point is relatively low, I can only rely on myself to continue to explore and learn.
Only by mastering the necessary knowledge and skills can you dare to do it and succeed. But you are different. You have a strong think tank as your backing, so you don’t need to learn this knowledge by yourself at all. So, you don’t need to understand, you just need to make a decision. "
The giants were very happy when they said this, and everyone laughed.
After a business exchange, Yang Chen began to discuss specific details with the giants.
For them, there is no risk in such a short-selling operation. They all believe that they will definitely make money and cannot lose money.
This leads to everyone having the same idea, which is to take more shares.
Because holding more shares means you can share more profits later if you make money.
It’s a foolproof project anyway, who doesn’t want to get more shares and more money?
Yang Chen's attitude is still the same. As long as it is a short-selling island country project, he personally must take the majority.
In the end, when dividing the profits, he will divide a little less according to the actual situation, or he will give a little more to everyone. It doesn't matter.
But nominally, he must hold 30% or more of the shares.
Last time, Yang Chen lost more than 200 million meters of gold and let the giants take it and share it.
Therefore, they are willing to continue to support Yang Chen this time.
Goldman Sachs President: "Haha... OK, we will try our best to meet Mr. Yang's request."
Citigroup President: "I have no objection. I believe Mr. Yang will not let us suffer."
President of Miyin Milin: "You have no objections, and I certainly have no objections. Let's just follow the last share allocation, and we won't have to waste time discussing this matter."
The other presidents nodded in agreement, and the equity distribution ratio was decided.
Yang Chen still monopolizes 30%, and other giants allocate shares according to their respective strengths, with a maximum of no more than 10% and a minimum of 4.9%.
After the equity division is completed, action can begin.
After the continuous rise in the island country's stock market, many island country investors and international investors have poured into the island country's stock market.
From the stock reviews of some island country investors, we can deduce why they are so optimistic about the island country's stock market.
"We have just harvested some wealth from Yang Chen and Wall Street. The government will definitely find it back in the stock market. It will definitely continue to raise the stock market to attract foreign investment, and then close the door to hunt foreign capital and use the wealth that was harvested before Earn it back.”
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[After three years of signing, my identity as a great person was exposed] []
"The economy is in a mess, and the government definitely needs the stock market and property market to boost morale. There is no doubt that the stock market in our island country will definitely keep rising."
"The government has overissued too much currency, and the money has nowhere to go and can only go into the stock market. Therefore, the island country's stock market will definitely thrive, keep rising, and may even hit a record high. If you don't trade in stocks at this time, you will lose it. An opportunity to make a fortune.”…
…
Investors in island countries have this mentality, which is convenient for short selling and harvesting.
If they are all bearish and ready to run away at any time, it will be really difficult to harvest them.
Wall Street giants began to prepare rice gold, ready to exchange it into island country currency and enter the island country's stock market...