Chapter 525: 8 Billion US Dollars, Safe in the Pocket!
As a former Marine, Phillips has long been tired of the sea.
He wants to live in a quiet place halfway up the mountain so that he can concentrate on studying stocks.
He plans to go to Harvard University as an auditor after making a lot of money this time.
He must systematically learn about economics, finance, and stocks.
Then he won't have to ask his wife for advice on anything.
As Microsoft's stock rose, Phillips kept howling like everyone else at the scene.
What came to mind were the young models he met in the bar.
Those young models were very enthusiastic...
All this was hidden from his wife.
When he had no money before, he only dared to think about it.
But the hundreds of thousands of dollars he made in the past few months have made him forget everything.
Soon, he finished the bottle of wine in his hand. When he was about to go out to buy a few more bottles of beer, he suddenly saw the electronic screen and was stunned!
It was like someone had acupuncture points!
He was totally in disbelief:
"Shit, what on earth is going on?"
"The stocks that were rising just a moment ago suddenly turned green?"
The electronic screen showed that the Dow Jones Industrial Average fell 103 points!
Fuck, it fell all of a sudden!
Most of the people in the hall were like Phillips, and they all stood there in a daze, unable to say a word.
It was not until 5 seconds later that a noise, exclamations and curses were heard at the scene.
"Shit, what on earth is going on?"
"How could this happen?"
"Oh, no! Damn it. How could this happen?"
"Fuck, fuck, fuck, this must be fake, I don't believe it.
...
With a "clang", the bottle in Phillips' hand fell to the ground.
He was completely unaware.
In the past 30 years, the Dow Jones Industrial Average has never seen such a situation.
"Quick, quick! "Phillips yelled frantically and ran to the phone at a very fast speed.
He had to sell all the Microsoft stocks in his hand immediately to stop the loss in time, otherwise there would be nothing left.
But the others were not stupid.
Everyone wanted to sell their stocks, and the whole scene was in chaos.
The telephone and the trading window were crowded with people, pushing each other, and some had already started fighting.
Fortunately, no one at the New York Stock Exchange today brought any guns, otherwise there would be a tragedy.
Because there were not many police officers on the scene to maintain order.
Phillips did not grab the phone immediately. He stared at the electronic screen anxiously.
Within 1 minute, Microsoft's stock was still plummeting, like a bacillary dysentery, falling all the way.
"It's over, it's over, it's all over, my 2 million!"
"fuck, fuck, fuck!"
"No, all this is fake, the stock market has been rising, how can it keep falling?"
"Is this damn screen broken!"
"My God, don't be like this. "
"Stop, stop!"
...
At this moment, all kinds of wailing and cursing echoed inside the exchange like a symphony.
Unfortunately, their cursing could not stop the decline, and the Dow Jones Industrial Average was still falling madly.
Many people had collapsed on the spot.
Some people no longer wanted to grab the phone, because if it continued to fall like this, even if they succeeded in grabbing the phone, they would not be able to sell it, and no one would take it over.
It was because the stock price had risen so terribly in the past few months that many people at the scene actually mortgaged their houses and cars and invested in the stock market, hoping to make a lot of cash.
But now everything has come to nothing. Shadow, many people will become homeless directly.
Like those people, Phillips's $2 million will drop to only tens of thousands of dollars - not enough to pay off his debts.
Maybe by that time his wife will leave him.
He stood in front of the electronic screen in a daze, and the whole person was like a walking corpse. He walked out step by step with dull eyes.
In the VIP room on the scene, Xiao Gai was also extremely exposed and roared crazily.
Jack next to him said to him: "Chairman, this is a sudden stock market crash, just like 1929, it's terrible, it's really terrible!
Hearing the four numbers 1929, including Xiao Gai, everyone in the VIP room was shocked.
On September 3, 1929, the Dow Jones Industrial Average reached a high of 381 points and then began to fall.
From September to October, the stock market experienced multiple unstable price declines, and investors' anxiety rose.
On October 24, the market opened 11% lower than the previous day's closing price. A large number of stocks were sold off, and institutions and financial institutions took measures to prevent panic.
On October 28, the New York Times Index fell 49 points, and the Dow Jones Index plummeted 38.33 points, with a daily decline of 13%, and the sell-off wave intensified!
On October 29, the Dow Jones Index plummeted from a high of 386 points to 298 points, a drop of 22%.
16.41 million shares were traded that day, setting a record high!
The stock market crash in 1929 set the country's economy back 20 years. That time was also the same. It broke out suddenly without any expectation.
After listening to his investment advisor Jack, Xiao Gai immediately said: "We must find a way to reduce losses and stop falling."
At this moment, Xiao Gai's heart was bleeding.
Within 40 minutes, Microsoft's shares had fallen by 11 percentage points, and Microsoft's assets evaporated by 300 million.
It was simply shocking, and there was no sign of stopping this decline.
If we want to keep the stock price from falling, is there any way? Xiao Gai looked at his chief military advisor Jack and asked.
"Chairman, we don't have any good ideas. We can't resist the general environment, and it's not just us. You see, all Internet companies and 80% of other companies have experienced this avalanche-like decline."
"Our company doesn't have the money to repurchase shares now. If we have enough cash, we can stabilize the stock price, but to do this, we have to borrow money from the bank."
"But we have already borrowed a lot of money before, alas-"
Jack looked at Xiao Gai and answered carefully.
After hearing what his chief investment strategist Jack said, Xiao Gai supported his face with his right hand and thought about it.
He already owed the bank a lot of money. If he borrowed more, he might go bankrupt.
Because he felt that this was a financial crisis.
"Chairman, I think we should not lend money anymore. First of all, the bank may not lend us money. If we want to borrow money in other ways, we can't pay it back. It's better to look at the response of the US Federal Reserve and the Ministry of Finance. They don't want to see this situation. I think there is an 80% probability that they will save the market."
Jack said slowly to Xiao Gai.
But they would never have thought that this financial crisis would exceed that of 1929.
Xiao Gai left the VIP room of the exchange in a daze and returned to his newly bought villa.
If the situation continues to deteriorate, then his villa, which he bought only a month ago, may have to be put on the market for sale, because he still owes the bank 300 million.
This financial crisis that suddenly broke out in the United States soon affected the world.
In less than 8 hours, the East China Stock Exchange had plummeted 556 points.
The situation in Hong Kong Island is also very bad, because the Hong Kong dollar is pegged to the US dollar.
If the economy of the United States sneezes, Hong Kong Island will be affected to a certain extent and will cough.
Not to mention that the economy of the United States this time has been infected like the flu.
The Hong Kong Stock Exchange is also shrouded in a cloud!
81% of the stocks fell sharply after the market opened the next day.
It fell by 723 points in less than an hour, which has never happened in the past 20 years.
In the chairman's office of Tianyao Building.
Zhanmi was excited, because Lin Yao had told him that the United States would have a financial crisis that exceeded that of 1929, and the stock market would fall sharply.
Half a year ago, Lin Yao had already started to make a fortune in this stock market crash in the United States.
Indeed, Lin Yao did make a fortune this time.
"Brother Yao, if you hadn't predicted it accurately and hadn't resigned in time, it would have been terrible. Today, the Hong Kong stock market fell by 15.2%.
"According to market analysis, it will fall further, Brother Yao, it's really terrible. "
Zhami said to Lin Yao with a look of horror.
Although the Hong Kong stock market has shrunk significantly, Lin Yao has only lost tens of millions, but other wealthy people in Hong Kong have lost much more than Lin Yao.
But it doesn't matter if he loses tens of millions.
This is all temporary.
As for the stock price, there are ups and downs. After a while, the stock price of Tianyao Group will naturally rebound strongly.
I have earned more than 100 times the loss of my own in Hong Kong.
Lin Yao has 30 billion US dollars and has started to trade futures.
Now every point drop in the Dow Jones can bring Lin Yao 30 million US dollars in income.
Two days later, Lin Yao made a huge profit of 6.6 billion US dollars in the futures index trading with one foot in heaven and one foot in hell.
Then he told Zhanmi, "Zhami, leave 500 million in the Quantum Fund, and the rest of the money should be withdrawn from Country M as soon as possible."
"You and Lin Wei should handle this matter. It should be secret and fast. The key is to moisten things silently! "
Lin Yao said slowly.
This time, Lin Yao made a total of 8 billion US dollars in M country. This money must be withdrawn from M country first.
The money is safe when it is in the pocket!
Otherwise, do you really think that our country's economic regulatory agency is a decoration?
"Yes, Brother Yao, I will contact Lin Wei now. According to your previous instructions, the 8 billion funds will be transferred out within three days!" Zhan Mi said confidently.
After Zhan Mi left, Yun Piaopiao came in and reported:
"Brother Yao, Peng Modai invites you to his Taipingshan villa tonight to discuss the stock market crash. Other wealthy people in Hong Kong Island will also attend. "
Lin Yao nodded slightly. He was not surprised at all that Peng Modai invited him to participate in this stock market crash response meeting.
Because the situation of Hong Kong stocks is not optimistic this time, as the Governor of Hong Kong, he certainly cannot sit idly by, otherwise he will become the target of public criticism.
"Piaopiao, reply to the other party, I will go on time. "
Now the products sold by the subsidiaries of Lin Yao's Tianyao Group have involved thousands of households in Hong Kong Island.
More than 300,000 jobs have been created alone, because now 75% of the property companies in Hong Kong are owned by Lin Yao.
Categories such as real estate can solve a large employment population. Although the profits are not that high, its impact is very huge.
You know, if these 300,000 people and their families are involved, it can affect 1 million Hong Kong Islanders.
The total population of Hong Kong Island is now just over 5 million.
In other words, one in every five Hong Kong Islanders is related to Lin Yao.
No matter how unhappy Peng Modai was with Lin Yao, Lin Yao was already a behemoth.
Not to mention that after many overt and covert fights, Peng Modai did not take any advantage at all. Instead, Lin Yao became stronger and more powerful.
Moreover, Lin Yao not only has wealth that is unrivaled in the country, but also has a strong voice.
If Lin Yao is not invited to attend this economic response meeting, then there will be no point in holding this meeting.
At 6:30 in the evening, the sunset flies over.
After Lin Yao and Meazi had a candlelight dinner together, they took Yun Piaopiao to Villa No. 5 in Taipingshan by helicopter.
This is the villa of Peng Modai. In fact, it is not his private villa, but it was lent to him by Batistuta, the president of Jardine Matheson Company, for temporary residence.
The Peng family is just a family of politicians. Although they have some money, they are not rich enough to buy a villa in Taipingshan.
Most people don't know this situation, but Lin Yao has already known it clearly through Bee Tang.
When the helicopter parked on the helipad of the villa in Taipingshan, Lin Yao had already seen many luxury cars on the scene.
The chaebols of the British-owned group and the chartering king Lei Yingdong, Zheng Yutong, Li Bancheng, and Liu Luanxiong have all arrived.
People inside and outside the villa looked serious and in a hurry. Thales, who came to greet him, also had a serious face. He was Peng Modai's administrative assistant.
"It seems that Peng Modai is really anxious this time.
After seeing the situation at the scene, Lin Yao said to Yun Piaopiao.
Yun Piaopiao nodded and said: "Yes, the stock market crash that swept the world almost caught most wealthy people off guard. The Hong Kong stock index dropped by 778."
"As far as I know, Cheung Kong Holdings' stock fell by 387 points, and Li Bancheng lost 500 million Hong Kong dollars this time."
"Brother Yao, you've made a lot of money this time. I really admire you so much."
Yun Piaopiao has a pair of big black eyes. He looked at Lin Yao blankly - his eyes were almost wired.
Of course Lin Yao knew what she was thinking.
"Piaopiao, after the meeting here tonight, the first half of the night will be yours, and the second half of the night I promised Meiko!"
"Okay, okay, Brother Yao."
Yun Piaopiao looked happy as if she had been favored by the emperor by name.
After getting off the private plane, Lin Yao walked into the living room of the villa under the leadership of Taylor.
After walking into the living room, I saw Lei Yingdong, Charter King and the others.
After seeing Lin Yao, Lei Yingdong and others stood up together and came to greet Lin Yao.
Except for Li Bancheng, although others also lost hundreds of millions, they were not in a hurry, but were somewhat relaxed. (End of chapter)