Hong Kong variety show: The tycoon who emerged from Portland Street
Chapter 257 Interview
After Daniel left, Chen Mo looked at Jimmy.
"Jimmy, show me the company information you collected earlier."
"good!"
Jimmy then took out another stack of documents from his bag and handed them to Chen Mo. These were publicly available financial reports from some companies that he had collected.
Chen Mo took the documents and carefully looked through them one by one, occasionally taking out a few and putting them together separately.
A dozen minutes later, more than twenty documents were pulled out.
These are the companies Chen Mo has his eye on, companies whose stocks he believes are worth buying at the bottom.
"Pete, Henry, take these documents and look at them first. We'll go all out to buy up these companies' stocks later."
Of these, priority will be given to acquiring shares in Intel and Microsoft, but not exceeding 5%. The remaining funds will be used to acquire other companies.
"Understood, Boss."
These were all companies Chen Mo had heard of before his transmigration, including technology companies, biopharmaceutical companies, and global trade companies, all of which currently had the greatest potential.
Especially for companies like Intel and Microsoft, their market value will at least double within two years, and will go even higher afterward.
Now that Chen Mo has acquired more than 4% of the shares, he can either raise his stake to become a shareholder or sell them for profit.
In Chen Mo's view, the market value of the remaining twenty-odd companies will also increase significantly in the next few years.
In just a few years, Chen Mo's $500 million may turn into a billion or even several billion.
Yes, Apple isn't among these companies.
Apple is currently going through a turbulent period, and its stock is unlikely to appreciate significantly in the next few years.
As for decades to come, Chen Mo didn't think that far ahead, nor did he need to.
"Jimmy, go outside and find a place with a TV. Watch some financial news, and as soon as the Federal Reserve releases an announcement about rescuing the market, come and tell me immediately."
Although for Chen Mo, it doesn't really matter when he buys at the bottom, since he promised Daniel to intervene in the market after the announcement, he would naturally wait until after the announcement to buy at the bottom.
Time slowly passed midnight as we waited.
John Fish suddenly burst into Chen Mo's trading room.
"Mr. Chen, the Federal Reserve has released its announcement; now is the time for you to act!"
At the same time, Chen Mo's phone rang.
Chen Mo answered the phone unhurriedly: "Feed?"
Jimmy's voice came through the phone: "Brother Mo, this is Jimmy. The Fed's bailout announcement has been released, and major investment banks and institutions have also issued statements."
Just now, the Federal Reserve issued a public statement: "The Federal Reserve System, in accordance with its responsibility as the nation's central bank, today affirms its readiness to provide liquidity to support the economy and the financial system."
Led by major investment banks such as Goldman Sachs and Morgan Stanley, dozens of major financial institutions have pledged to collectively enter the market to buy shares, providing quotes and liquidity for key stocks.
At the same time, some large industrial companies also announced that they would repurchase their own severely undervalued shares.
As soon as the news from the three parties was released, the panic in the market was immediately largely eliminated, and the panic selling quickly stopped.
Chen Mo hung up the phone and immediately ordered Henry and Pete, "Let's begin!"
Upon receiving Chen Mo's order, Henry and Pete immediately took action, picking up the dedicated phone on the table and calling the stock exchange.
Company names were announced one by one, purchase orders were issued one after another, and transaction success notifications were continuously sent back.
Seeing that Chen Mo had really started to take over and save the market, John, who was still standing at the door, finally felt relieved.
"Mr. Chen, the reporter has arrived. You are now ready to be interviewed."
Chen Mo was still staring at the Bloomberg terminal, and without turning his head, he said, "Tell them to wait a bit. I'm done here and will be right there."
With Chen Mo's 500 million yuan investment, several consecutive buy orders worth tens of millions of yuan finally convinced the investors at the exchange that the stock market had a future.
Gradually, some bolder investors also began to buy in, although not much, but it was still a signal.
By the time Chen Mo had spent all 500 million yuan, there were already quite a few small orders in the market.
Soon, another large order appeared, indicating that other institutions had made their moves.
The stock market's upward momentum has not been interrupted.
The stock market crash is finally over.
"John, let's go."
Chen Mo got up, straightened his clothes, and walked towards John at the door.
Guided by John, Chen Mo entered an office that had already been set up.
Inside the office, several video cameras had already been set up, and there were also several photographers holding cameras.
Chen Mo was startled by the scene in the office and turned to John, asking, "What's going on?"
John chuckled awkwardly: "To amplify the impact, Daniel invited several media outlets, including television stations, newspapers, and magazines."
Don't worry, everyone is filming at the same time, so it won't take up much of your time.
Chen Mo glanced around at the various machines in the office, his gaze finally settling on the beautiful female host who was already prepared. He shrugged and said, "Well, Daniel is a shrewd businessman."
With Chen Mo in place, the rest of the preparations were quickly completed.
After a brief handshake with Chen Mo, the beautiful host introduced herself: "Mr. Chen Mo, my name is Christine Everhart. Thank you for accepting my interview."
"Hello, Christine." Upon hearing this name, Chen Mo appeared calm on the surface, but his heart skipped a beat.
Stark Industries shouldn't exist in this world, right? The timeline doesn't match up either!
But this appearance, this name, it's a coincidence, yes, it must be a coincidence!
On October 19, yesterday, the Dow Jones Industrial Average plummeted 22.6%, marking its largest single-day drop in history.
According to our information, you used $300 million in capital to short stock index options before the crash, ultimately profiting over $2 billion. Is this true?
"No, not that much, just close to two billion US dollars, not more."
Chen Mo's factual approach left Christine speechless.
Nearly two billion? That's all? That's fucking Versailles!
Chen Mo continued, "There's one more point that needs to be corrected—I wasn't 'shorting the market,' but rather adopting a reasonable hedging strategy when the market was clearly overheated."
Christine quickly jotted down notes: "How do you determine that the market is 'clearly overheated'? Just a week before the crash, most analysts were still optimistic about the US stock market in the fourth quarter."
"Market frenzies often peak before they collapse." Chen Mo's voice remained calm. "In September, leading US economic indicators had been declining for several consecutive months; in early October, the Treasury Secretary's comments on the depreciation of the dollar sparked international concerns; coupled with the fact that algorithmic trading systems have not yet been tested by significant volatility... all these signals combined mean that the risks outweigh the opportunities."
"So you're betting on a stock market crash? But with leverage as high as 20 times, even a 5% fluctuation could lead to the loss of your entire principal if you misjudge the situation. That's not hedging; it's more like high-stakes gambling."
Chen Mo said confidently, "Risk and reward are always proportional."
The real risk lies not in the leverage ratio, but in whether one has a thorough understanding of the nature of the market.
The US stock market is like a rubber band stretched to its limit; I simply predicted the direction of the break before it snapped.
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