The literary era since 1979
Chapter 613: Just a Technical Adjustment
"Jia Baoyu has an adventure when he comes to Hong Kong. Fang Guoshan looks so much like his sister that it's almost indistinguishable from her!"
"Jia Baoyu and Lin Daiyu are not destined to be together, both in and out of the play, and he already has someone else he loves."
"Die Hard has grossed over $5000 million in North America and over $ million worldwide, breaking the box office record held by Enter the Dragon."
"........."
After lunch, Ni Xun flipped through various newspapers. The reports on the debate between "Ghost Blows Out the Light" and "Wei Sili" were gradually decreasing.
At this moment, I heard the sound of a door opening, and then Ni Zhen walked in hurriedly.
Ni Xian frowned, "Where did you go fooling around again? Why did you come back so late for dinner?"
"Dad, I'm doing real work."
Ni Zhen said that he stayed at the Hong Kong Stock Exchange for the whole morning. Not only did he invest in Hong Kong stocks with his friends, but he also made several long positions in the Hang Seng Index.
Ni Xie snorted coldly, "With the little money in your pocket, how much can you do to buy the Hang Seng Index?"
Ni Zhen smiled awkwardly and quickly changed the subject:
"Dad, didn't Uncle Jin and Uncle Huang help you mediate with that mainland guy?"
"No hurries!"
Ni Xian stared.
"But it's been so long, why is there still no news?"
Ni Zhen curled his lips and said, "Fang Yan is such a big shot. We have already apologized, what else does he want?"
"Shut up! Is this kind of thing worth bragging about?"
Ni Xu was also very dissatisfied in his heart. Even though Fang Yan had made a name for himself in the literary and art circles at home and abroad, and even though he had made the mistake first, he had now lowered his posture, asked others to mediate, and was even willing to offer the first toast. Could it be that Fang Yan didn't even want to give him such a face?
Ni Zhen's tone was filled with displeasure: "Could it be that you don't want to reconcile and are deliberately dragging it out to amuse us?"
After much deliberation, Ni Xian decided to call Huang Zhan and try to find out the information indirectly.
Huang Zhan did not hide it and said frankly that there were many things related to dialect. In addition to being busy with the follow-up creation of "Ghost Blows Out the Light", he was also paying attention to investment.
Ni Xian originally thought that Fangyan's investments were limited to areas such as movies and real estate, but he never expected that he would also invest in stocks and futures.
Ni Zhen lowered his voice and said, "I didn't expect this mainland kid to be able to play stocks. Is he good at vision or just lucky?"
Ni Xu rolled his eyes in annoyance. He actually didn't understand stocks and the Hang Seng Index, but with his current status, he naturally knew some experts who were proficient in finance and good at stock trading. They were basically optimistic about the performance of Hong Kong stocks in the second half of the year, and the Hang Seng Index could even break through the 4000 point mark.
What was beyond his expectations was that Huang Zan said on the phone that Fang Yan was not optimistic about the global stock market performance in the second half of the year.
Instead of increasing holdings in Hong Kong stocks and going long on the Hang Seng Index, he did the opposite and even recommended Huang Zhan to short the Dow Jones Index.
"Pfft!"
Hearing this, Ni Zhen couldn't help but laugh out loud.
Ni Xian gave him a look that said "shut up", and after hanging up the phone, he smiled coldly and said:
"The US is raising interest rates, foreign capital is flowing back, and the stock market is plummeting. How ridiculous, how ridiculous!"
"That's right. The market is definitely going to rise in the future."
Ni Zhen sneered, "Some people always like to act like 'everyone is drunk but I am sober' and make some shocking remarks. Damn your mother, who does he think he is? Is he the stock god?" He kept chattering, "When the market goes up, let's see how he slaps his face!" Every word his son said touched Ni Zhen's heart, and the depression that had been accumulated in his heart gradually dissipated.
Ni Zhen smiled and said, "Dad, can we say that we have made a comeback?"
Ni Xu said disdainfully: "He worked hard to write several books on making money, but instead of learning good things, he chose to learn how to trade stocks like others, hoping to get rich overnight. He has no idea who the real winner is." But in his heart he couldn't help but be glad that the toast with Fang Yan had not yet taken place.
Because he really wanted to see Fangyan’s miserable look after he suffered heavy losses in stock trading when he was drunk at the Hetoujiu!
………………
Time passed unknowingly, and the crew members of "Dream of Red Mansions" stayed in Hong Kong for a week and then returned to the mainland.
As the representative of Hong Kong Joint Publishing Company, Fang Yan personally sent Wang Fulin, Chen Xiaoxu and others to the airport.
After a few round trips, when he returned home, there was a missed call recording from Bai Ruoxue on his phone.
While Fang Yan poured himself a cup of coffee, he called Bai Ruoxue.
"Mr. Fang, we have completed the 'position transfer' for the contract in late September."
"What about the October contract?"
"Teacher Fang, are you really sure that the US stock market crash will break out in October?"
"According to the data and intelligence we have collected over the past few months, it will be either October or November."
Fangyu said seriously, "If it doesn't break out in October, then we'll add margin. Anyway, this stock market crash will break out sooner or later this year."
Bai Ruoxue did not deny his idea. She stared at the Bloomberg terminal, paying close attention to the information on it.
On October 10, the Dow Jones Industrial Average fell sharply, falling a full 16 points at the close.
However, for investors who have experienced a five-year bull market, a 5% drop is not enough to arouse their vigilance. They only regard it as a technical adjustment before the bull market. After all, there has been a prediction on Wall Street that the bull market that started in 5 will last for a long time.
As expected, an unexpected result occurred. The US Treasury Secretary announced in an interview on the 18th:
"If Germany does not lower interest rates to stimulate economic expansion, the U.S. will consider letting the dollar continue to fall."
This statement indicated that the Federal Reserve would continue to increase interest rates, which immediately triggered a wave of short selling in the U.S. stock market.
So on the next day, the U.S. stock market began to collapse. At 10:100 in the morning, the Dow Jones Index fell by more than points.
However, in the past 15 minutes, the index has fallen to 2000 points. Almost all blue-chip companies have plummeted by more than 30%. Eleven of the 30 Dow Jones components failed to open within an hour after trading began. The U.S. stock market ushered in an unprecedented "Black Monday."
The collapse of the U.S. stock market naturally affected the stock markets of Hong Kong, Japan, Germany, France and other countries.
On this day in Hong Kong, employees in office buildings went to work as usual, and factory workers worked as usual.
However, there was chaos in the Hong Kong stock market. The Hong Kong Stock Exchange opened at 10 o'clock as usual, and a strong wave of selling occurred.
Similar to the sell-off in U.S. stocks, all blue-chip stocks in Hong Kong opened several levels lower, followed by an overwhelming wave of selling.
The decline of second- and third-tier stocks was even more tragic. Many stocks had only sellers but no buyers, and the Hang Seng Index fell precipitously!
Retail investors were howling and beating their chests in the hall, while the stockholders in the tycoon room were not much better, each of them looked like they had lost their parents.
Among them were Ni Xun and his son Ni Zhen, who stood there in a daze, staring blankly at the blood-red plate.
Ni Zhen looked numb: "Dad, how could this happen? How could this happen?"
Ni Xian swallowed his saliva, "Don't panic, it's just a technical adjustment, just a technical adjustment!" (End of this chapter)
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