Chapter 28 Entering the New York Stock Exchange! Crazy Profit of $253 Million

Chapter 28 Entering the New York Stock Exchange! Crazy profit of 253 million US dollars!!

Kayla opened a US stock account for Yang Ming, while Yang Ming was calculating the funds he could use now.

Now it is about 430 million Hong Kong dollars.

According to the current exchange rate of 1 US dollar to about 5.5 Hong Kong dollars, it is about 78 million US dollars.

78 million US dollars, this is the funds Yang Ming can use.

According to the current daily trading volume of US stocks, which fluctuates around 10 billion Hong Kong dollars, it is about 2 billion US dollars.

In 1978, the daily trading volume was 2 billion US dollars, which was naturally not a small amount.

If you want to make a profit of 200 million US dollars, even if you calculate it according to a 100% return rate, then the funds he invested must be about 200 million US dollars.

Now he can use only more than 70 million US dollars.

In other words, he must raise funds from Huifeng Bank.

If he uses more than 300 million US dollars, then the risk of his investment will definitely be lower.

"Mr. Yang, your US stock account has been opened for you. You can start investing after it is opened at 22:30 in the evening."

It's not 22:00 yet, but it won't be long.

"Ms. Kayla, I still need to raise funds."

What?

Yang Ming wants to raise funds again.

Kayla and Lehman don't know what to say.

"Mr. Yang, how much do you want to raise?"

"I can use more than 70 million US dollars now. I want to raise about 300 million US dollars, which is about four to five times."

Four to five times?

In fact, it's similar to entering the London stock market just now.

It's just that the amount of funds is even larger now.

300 million US dollars is already 1.67 billion Hong Kong dollars.

Such a large amount of financing funds, in Hong Kong, can only be provided by Huifeng Bank.

"Mr. Yang, this is very risky!"

The greater the financing, the greater the risk, and the larger the amount of funds, in the eyes of Kayla and Lehman, the greater the risk.

In Yang Ming's view, the risk is smaller.

If he only had more than 70 million US dollars in capital, it would be more risky or even impossible to make a profit of 200 million US dollars or even more.

According to the increase in US stocks that Yang Ming saw in advance, some stocks have soared by more than 100%, but there are not many. Basically, an increase of 60 to 70 percent is considered very good.

Now the total market value of many of these US stocks is not high.

If Apple and Amazon have a market value of 2 to 3 trillion US dollars in the next 40 years, even if they increase by 1 percent every day, the transaction volume will be very large.

It is not like that now. The total market value of many companies is not high.

"Mr. Yang, I still need to call the higher-ups."

When it comes to such a huge amount of financing, Kayla cannot make the decision.

She was originally just an account manager of a branch of Huifeng Securities Company, and financing and other things belong to another department.

When Kayla communicated with the higher-ups.

They learned that Mr. Yang had just made a huge profit in the London stock market transaction and now wanted to raise funds again to enter the US stock market.

There was silence on the other side.

After a few minutes, they agreed to Yang Ming's financing, and the interest and commission of the financing were relatively low.

Even so, if Yang Ming made a profit again, for the financing department of Huifeng Bank, tonight's profit might be equal to the net profit of their company for more than half a month.

When Kayla came with a faxed financing risk book.

Yang Ming read it carefully and signed his name.

Yang Ming knew that financing was no problem.

At this time, there were more than 200 million US dollars in his US stock account.

In addition, there was his own principal of more than 70 million US dollars, which meant that his US stock account had more than 300 million US dollars.

300 million US dollars?

In the late 1970s, it was definitely a large sum of money.

At 10:30 am New York time, multiple US stock exchanges officially opened.

At 22:30 pm local time in Hong Kong.

Kayla and Lehman also started to buy the stocks he wanted to buy according to what Yang Ming said.

Now each stock is bought for about 2 million to 5 million US dollars.

Buy all 300 million US dollars.

That would require buying dozens of stocks.

Kayla and Lehman became nervous again.

Every time Yang Ming mentioned a stock and the purchase amount, they would talk to the trader on the other end of the phone.

Starting from 22:30 in the evening until 23:00 in the evening.

Kayla and Lehman continued to buy the stocks mentioned by Yang Ming until 23:25, and the continuous buying time ended.

Yang Ming thought that Yang Jirong and his wife should be waiting for him to come back at the Mid-Levels Villa.

After Lin Xiuzhi pushed him to another landline phone, Yang Ming called back to a landline at the Mid-Levels Villa in Repulse Bay.

After a while, Yang Ming found that it was the housekeeper Lin Dezhong who answered the phone.

"Young Master Yang, haven't you come back yet?"

"Housekeeper Lin, tell my parents that I am still at Huifeng Securities Company and may not be able to go back until the early morning."

"Yes, Young Master Yang."

Yang Ming hung up the phone.

At this time, Kayla and Lehman kept answering the phone and communicating with the trader in New York.

The traders in New York kept reporting the gains of the stocks the two had just bought.

Basically, all these stocks were rising.

Of course, some stocks fell.

According to Yang Ming, when the increase reached more than 85%, they started to sell.

Because there were too many stocks.

Yang Ming was sitting in a wheelchair and waiting.

When it was twelve o'clock in the morning, in addition to selling some stocks, Yang Ming began to yawn, mainly because he did not take a nap, and now it was so late, he actually began to feel sleepy.

Kayla, Lehman, Lin Xiuzhi, and Haley all looked very energetic.

Especially Kayla and Lehman, they basically did not stop, except occasionally asking someone to bring them coffee to let them drink coffee to calm down, that is, they immediately took time to go to the bathroom in turn and come back to continue to trade those stocks.

"Boss, are you really not nervous at all?" Lin Xiuzhi asked in surprise.

"Yeah."

Yang Ming knew the rise and fall of these stocks in advance on Saturday, so why should he be nervous?

What's more.

This money was not earned by hard work. Even if it was completely lost, it was just a number in Yang Ming's eyes.

Lin Xiuzhi really didn't know what the boss was thinking.

Lin Xiuzhi didn't know how much wealth her boss had before.

She knew that her boss would trade tens of millions of Hong Kong dollars, even tens of millions of pounds, and hundreds of millions of US dollars in the stock market. She knew that for investors in Hong Kong and even the world, there was probably not much.

12:30 am New York time.

12:30 am Hong Kong time.

Kayla and Lehman had already sold a lot of stocks according to what Yang Ming said.

In addition to the return of the principal, they also made a lot of profit.

Next, until 2:00 am, the two of them kept selling those stocks.

When 80% of the principal had been returned, that is, more than 240 million US dollars, the remaining 60 million US dollars of principal was still being sold.

Yang Ming's profit was getting higher and higher.

From 160 million US dollars, it quickly broke through to 180 million US dollars.

These are all profits.

In addition to the taxes generated during the transaction, there are also financing interests and commissions. What we see now is his profit.

When there are fewer and fewer stocks left to sell, Yang Ming's profit is getting higher and higher.

When the profit reached 240 million US dollars, there were still five stocks that had not been sold.

Now that the increase in these stocks has not reached 85%, Yang Ming feels that there is no need to wait any longer and let Kayla and Lehman sell all of them.

When these stocks were sold and the profit reached 13 million US dollars.

Kayla and Lehman finally breathed a sigh of relief.

Both of them were just like being exhausted.

In addition to the ears and hands being hot, and the whole person's ears echoing with the increase in the stocks just heard, all the numbers in his mind were.

Now all these stocks are sold.

In other words.

In addition to the investment capital of more than 300 million US dollars, Yang Ming has now made a profit of more than 253 million US dollars through financing.

Calculated, the rate of return is about 84%.

Reaching a rate of return of more than 80%.

In one night, the profit of 253 million, calculated, that is nearly 1.4 billion Hong Kong dollars.

In other words, Yang Ming made a profit of 1.4 billion Hong Kong dollars in one night on US stocks alone.

Although his financing amount reached 300 million US dollars, in fact, Yang Ming's principal at that time was only 430 million Hong Kong dollars.

Now the profit has reached 1.4 billion Hong Kong dollars, which is absolutely crazy.

"Mr. Yang, you are really amazing." After Kayla reacted, she immediately gave Yang Ming a hug.

This is the first time she has seen such a crazy investor in so many years.

The profit is still so big.

"Mr. Yang, congratulations." Leiman also stretched out his hand and said.

"Thank you."

After Yang Ming shook hands with Leiman.

He looked at Lin Xiuzhi and Haili who were already speechless in shock.

Although the two did not know how much wealth the boss had before, they witnessed with their own eyes that the boss had made a profit of tens of millions of Hong Kong dollars, 300 million US dollars, and 1.4 billion Hong Kong dollars from the Hong Kong stock market, the London stock market, and the US stock market.

In other words, Yang Ming's net worth at this time, in their opinion, is at least more than 10 billion Hong Kong dollars.

If you say that at this time in Hong Kong, a few hundred million is not a lot, but more than 10 billion Hong Kong dollars is definitely ranked among the top.

Yang Ming likes to look at Lin Xiuzhi and Haili who are stunned.

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