Chapter 487 Setting a Historical Record

Monday, October 26th.

The Hong Kong stock market was closed for four days and fell as soon as it opened at 10:00. For example, in America, after the big drop on the 19th, the government took a series of measures. After the market opened for a while on the 20th, it began to rise. When the market closed that day, the stock index rose by 102 points. On the 21st, it rose again compared with the 20th. 186 points. But the Hong Kong stock market plummeted. By the time it closed in the afternoon, it had dropped a full 1,120 points to 2,241 points, a drop of 33.33%, setting a record for the largest single-day decline in the history of the Hong Kong stock market.

After the stock market closed, Nie Zhan called several leaders from the investment department to come over for a meeting. Before the stock market crash, the stock price of Wansheng Real Estate was HK$18 per share, but now it is only HK$13 per share, a drop of more than 27.7%. Among stocks, this decline is not bad.

Before the stock market crash, 23% of the debt was repaid, and then a wave of rights issues were raised to raise funds. Investors still have confidence in Wansheng Real Estate.

Nie Zhan's meeting this time mainly focused on hoarding land. His goal was three billion. Act quickly while others are still immersed in the stock market crash and have not reacted.

Manager Xiong from the investment department heard that he wanted to hoard 3 billion in land, and said: "Boss, we only have a little over 1.2 billion in our accounts. We can only spend 1 billion at most to hoard land. The remaining 2 billion..."

Nie Zhan said: "Wansheng Real Estate will spend one billion to hoard land, and Xinxin Real Estate will spend two billion to hoard land. When the time comes, the two companies will work together to develop real estate."

Manager Xiong naturally knew that Xinxin Real Estate was the company of the future landlady. It's just that Xinxin Real Estate has not been listed and is a private enterprise, which means that the boss lady will spend 2 billion to hoard land in the future. This is two billion, not two hundred million. At this moment, he suspected that he was hallucinating.

The deputy manager was more impatient than him and asked: "Boss, Xinxin Real Estate has spent two billion to hoard land? Are you sure?"

Nie Zhan was not angry and said with a smile: "Ms. Lu had a premonition that there would be a big shock in the stock market before the stock market crash, and she made a lot of money in the stock market this time."

Jiaxin wants to hoard land in large quantities, and the money must come from a source. The upper echelons of Hong Kong City are well-informed. Jia Xin's actions are so big, even if he doesn't say it now, the news will come out when he waits to hoard land.

Manager Xiong and the two deputy managers almost stared at Nie Zhan with their eyes wide open.

Nie Zhan knew what this meant. He shook his head and said, "This is actually a huge gamble. The winning rate is only 1%. Naturally, I won't do it."

The three people were a little disappointed, but they soon became happy again. Manager Xiong said: "Boss, then we can take over all the land we were promising before."

With the current situation of the stock market, real estate has also been affected. The land that was previously promising will definitely see a price reduction. As for how much it can be reduced, it depends on market feedback.

Nie Zhan told them not to tell anyone else about our company's financial situation: "The outside world knows about our company's financial situation, and they will not compete with us."

Manager Xiong and the other two people immediately said that they would keep this matter under wraps.

When the three of them went out, the deputy manager named Zhang whispered: "How much do you think Miss Lu earned this time?"

Manager Xiong said: "With two billion in land hoarding, even if we use the highest leverage to sell short, the principal would be more than four hundred million. Based on Miss Lu's net worth, this should be the limit."

What he meant was that Lu Jiaxin had earned at most two billion.

Another deputy manager praised: "Miss Lu is brave, and our company will also benefit."

Although the land is owned by Xinxin Real Estate, given the relationship between Miss Lu and her boss, she can only cooperate with their company to develop it, and she will not take advantage of outsiders.

Deputy Manager Zhang lowered his voice and said, "Secretary Wang used to say that Miss Lu had good luck as a husband. Many people in the company didn't believe it and thought it was nonsense. Now let's see who doesn't believe it anymore."

When the boss first took over the company, everything was in order without any splash. At that time, many people in the company thought that his reputation was in vain. Who would have thought that since he fell in love with Miss Lu, he recruited senior staff with high salaries and carried out drastic reforms, and the company's market value tripled in just three years.

Manager Xiong was silent. He belongs to the category of disbelievers, but it is difficult not to believe it now.

When Lu Jiaxin walked out of the school gate after school, she saw Su Heyuan. The smile on his face was like a blooming morning glory. She turned her head away because she was too embarrassed.

With the lesson learned last time, Su Heyuan did not talk about stocks outside. He returned to the apartment and entered the study. As soon as the door closed, he couldn't wait to say: "Jia Xin, Jia Xin, today the Hang Seng Index fell 33.33%, last Monday fell 11%, and it fell nearly 45% in the past two days. Jia Xin, We made a lot of money.”

With a capital of 40 million and a leverage of 10 times, he made a total of 180 million (excluding handling fees and taxes). At the close of trading today, he screamed excitedly in the office. It was so exciting.

Lu Jiaxin asked with a smile: "I will sell when the market opens tomorrow morning, you can sell too!"

In her memory, the Hang Seng Index seemed to have fallen below 2,000 during the stock market crash, which meant that it would fall further tomorrow. But I’ve already made a lot, so there’s no need to gamble at the lowest point.

Su Heyuan said with a smile on his face: "Okay, I will tell the stockbroker later that I will close my position when the market opens tomorrow. Jiaxin, thank you. Without you, not only would I not be able to make so much money, I might even need the 40 million." It’s a loss.”

"Jiaxin, whatever you want, as long as I can buy it, I'll buy it for you."

Lu Jiaxin was not polite to him this time: "Go to the mainland and collect a batch of antique calligraphy and paintings for me. It will be within two million."

"Two million is too little, at least five million."

Lu Jiaxin did not refuse this time, and smiled and said: "You said before that the more you earn, the more you will donate. How much are you going to donate to buy medical equipment?"

Su Heyuan did not regret it. After all, the donation was a small amount, and the bulk of it was still his own: "10 million Hong Kong dollars, do you think it's okay?"

"Okay, but this matter must be implemented as soon as possible, otherwise I can't explain it to Brother Gu." Lu Jiaxin said.

Gu Wenfeng was forced by Lu Jiaxin to stay in the hospital for a month, and he returned to Sijiu City the next day after he was discharged. He promised Lu Jiaxin that he would help her pick some useful retired soldiers after returning, and he would come back to train these people after his injuries recovered.

Gu Wenfeng originally planned to return to Sijiu City and never come again. He was already a useless person, and he didn't have the face to stay and get a high salary but couldn't work. But Lu Jiaxin said that if he didn't go back, the medical equipment promised before would not be donated. There was no choice but to agree.

Su Heyuan smiled and agreed, then looked at Lu Jiaxin with a sharp gaze and said, "Jiaxin, next time no matter what you speculate, you must tell me!"

This time he regretted not following too much. He should have taken out the 35 million he had bought stocks before and followed up, then he could have made more than 300 million. Alas, knowing earlier is more valuable than gold! I still underestimated Jiaxin's fortune.

Lu Jiaxin said with a smile: "When did I miss you? Last time forex, this time shorting futures, I told you."

Su Heyuan smiled and said: "Yes, yes, yes, it's all thanks to Jiaxin that you take care of me, otherwise I wouldn't have such a good life now."

His total net worth is only more than 200 million, and this time he made more than 200 million from stocks and shorting. No wonder Hong Kong is most famous for finance and real estate, it really makes money quickly!

Bao's father has to work overtime again in the evening and can't come back. He gets angry when he thinks about tutoring homework.