Chapter 488: The Richest Woman in Hong Kong
On October 27, the market fell again as soon as it opened. Lu Jiaxin had already called Sun Wushuang and Wu Ziyue in advance and asked them to close their short positions as soon as the market opened on Tuesday. As for Nie Zhan, she didn't need to worry about it.
Nie Zhan waited for a while after the market opened, and then sold the short index under his name. The principal was 620 million Hong Kong dollars, with a leverage of 10 times and a drop of 45%. After deducting taxes and fees, the funds recovered were more than 3 billion.
Because it was bought at Wansheng Bank, Nie Jingwen could not be avoided. After knowing this, he couldn't help but call Nie Zhan and said, "Ah Zhan, you made more than 2.4 billion from this."
Nie Zhan corrected, "It's not me who made 2.4 billion, it's Jiaxin who made 2.4 billion. This money is hers, I just worried that she would buy too much, so I helped buy some for her."
Although Nie Jingwen had some guesses, he didn't expect her to say it directly: "Then, how much did Lu Jiaxin buy in total?"
The old man already knew, and Nie Jingwen would know it soon even if he didn't say it. Nie Zhan said, "Xinxin Real Estate and Green Forest were also mortgaged. A short-term loan of 500 million for three months should be able to recover more than 2.45 billion Hong Kong dollars."
This time, Lu Jiaxin was able to recover more than 5.45 billion in funds by shorting the Hang Seng Index in Hong Kong City. Among them, the three-month mortgage loan of 1 billion can be repaid now, and the mortgage period for antique calligraphy and paintings is one year, so there is no rush to repay. In other words, after paying off the two mortgage loans from Wansheng Bank and HSBC, minus the interest, there is still more than 4.43 billion Hong Kong dollars left. This is all cash. There is absolutely no one else in Hong Kong who has so much cash flow.
Nie Jingwen said with some regret: "A Zhan, why didn't you short with her?"
Nie Zhan did not regret it: "Brother, I will not go with Jia Xin again. I will not do this kind of gambling with almost zero chance of winning."
Jia Xin went from nothing to something, and the companies under her name were not listed. Even if she lost money due to liquidation, the impact would not be limited. He couldn't do it. He wanted to make such a risky investment. Once he failed, he would be questioned by shareholders. As the CEO of a listed company, he should seek progress in stability. Too radical practices will make investors give in.
Nie Jingwen was moved by such a large amount of money. He asked: "A Zhan, what investment is Miss Lu going to make?"
Nie Zhan said: "I would suggest that she take out 2 billion to hoard land, 1.5 billion to buy high-quality properties, and she can arrange the remaining 900 million herself."
Based on his understanding of Lu Jiaxin, she should take out part of the money to buy at the bottom. Just like America, he has bought five stocks and spent more than 100 million green coins.
Seeing that he had already made plans for Lu Jiaxin's money, Nie Jingwen did not say what he was thinking: "Ah Zhan, try to save the money that Miss Lu deposited in our bank until the end."
This was not his decision. Nie Zhan said: "I will tell Jiaxin about this, and I can't guarantee whether she agrees or not."
It was really because Jiaxin had a bad impression of her family that the two of them had not been to the old house for more than two years. Even though her aunt went to Canada to accompany her to study, Jiaxin was still reluctant to go.
In the evening, Nie Zhan went to the apartment and said to Lu Jiaxin: "The short-selling index has been sold, and you now have more than 5 billion in your account. Tomorrow I will accompany you to Wansheng Bank and HSBC to replace the loan."
Lu Jiaxin was also ready to pay off the loan. Although the loan was for three months, she could pay less interest if she paid in advance. Although she has a lot of money in her account now, every penny she can save is a penny.
There was also an additional clause in the loan contract that she could repay the loan in advance, otherwise the bank would not agree to her repaying the money so early.
Nie Zhan looked at her and asked, "Jiaxin, you made more than 4.4 billion Hong Kong dollars in Hong Kong. In America, you transferred 400 million green coins to me, with a leverage of 10 times, and after deducting taxes and fees, you recovered 1.15 billion green coins; later, you borrowed 50 million green coins from me, using a leverage of 25 times, and after deducting taxes and fees, you recovered 290 million green coins. After paying back the 50 million principal you borrowed from me, you still have 240 million green coins."
He calculated in his mind. Lu Jiaxin made more than 4.4 billion Hong Kong dollars in Hong Kong; in America, she recovered 1.39 billion green coins, including 400 million green coins as principal, and made 990 million green coins.
After the calculation, Nie Zhan looked at Lu Jiaxin and said with a smile: "Jiaxin, this time you shorted, you made a total of 12.1 billion Hong Kong dollars in Hong Kong and America (fixed exchange rate of USD/HKD 1:7.8). Jiaxin, you are definitely the richest woman in Hong Kong now."
Lu Jiaxin smiled and said, "I made more than that."
Mo Libin helped to short the Dow Jones Index and Singapore Index, and made 500 million green coins with a principal of 320 million green coins; Deng Weihai shorted the Nikkei 255 Index, and made 150 million green coins with a principal of 120 million; these three places made a total of 650 million green coins.
This means that the principal of this short selling is 840 million green coins, and the short selling of several countries has made a total of 4.4 billion Hong Kong dollars and 1.64 billion green coins.
After calculating this, Lu Jiaxin herself was excited. She didn't expect that she would become the richest woman in Hong Kong before she was 20 years old. It's too, too, too unbelievable!
When Nie Zhan was a trader, he handled hundreds of billions of green coins, so he was relatively calm. He asked Lu Jiaxin: "Jiaxin, how much are you going to use to stockpile land?"
Before, he said 2 billion to stockpile land, but now he thinks it is too little, and he can stockpile more.
Lu Jiaxin said: "The 4.4 billion in Hong Kong City, first use 2 billion to store land, 1 billion to purchase shops, high-end residences and apartments. 500 million to buy at the bottom, and the remaining 900 million I plan to buy two or three more buildings."
"What about the funds in America?" Nie Zhan asked.
Lu Jiaxin has already made plans for the funds for America, Singapore and daily life. 300 million green coins will be transferred back to Hong Kong City for backup, and 500 million green coins will be used to buy stocks of known large companies, and the rest will be used for investment.
As for what the 300 million green coins will be used for, it is not certain yet. It may be used to store more land, or to buy more buildings, or it may be used for other purposes.
Lu Jiaxin expressed his thoughts: "Then, please help me plan what investment is better for the 590 million green coins."
The transfer of funds in large quantities will definitely be noticed by the relevant departments in America. So the bulk of it is still kept in the local money to make money, and only 300 million is transferred out. Nie Zhan will do the operation, and there is no need to worry about being targeted by the FBI.
"Okay, the richest woman."
Lu Jiaxin held back her laughter, raised her head and said proudly: "Now you know how powerful I am, right? I will invest in the future. If you think I am crazy again, I will ignore you."
Nie Zhan hugged her and said with a smile: "Yes, yes, yes, my girlfriend is the most powerful in the world, I admit defeat."
"Hmph..." Lu Jiaxin wanted to act pretentiously to control Nie Zhan, but she didn't expect that she had never acted before and laughed.
There is still one chapter to be completed before 10:30