Reborn in America, I'm serious about making money.

Chapter 166 Make a quick buck and leave

Zhang San was somewhat excited as he watched the Hang Seng Index continue to rise, which proved that he could sell his shares even faster.

Although he didn't know what it was like before, he did know about 1997.

The Asian financial crisis was so famous that it is an undeniable part of world economic history, and that year changed many things.

If Zhang San hadn't appeared, in the original 1997, the Hang Seng Index would have opened at 13203 points, reached a high of 16673 points in August, then plummeted by 15% in August. In October, the financial crisis broke out, and the Hang Seng Index plummeted by 1211 points in a single day. It closed at 10772 at the end of the year, with a full-year decline of 33%.

This drop is calculated based on the opening day of the Hong Kong Stock Exchange after New Year's Day; the total turnover for the year reached HK$3.79 trillion, which can be said to be a record high.

Zhang San's sales volume of HK$1200 billion in that year seems quite normal. Moreover, some stocks, such as Hysan Development, did not perform well initially, but later performed very well. He certainly wouldn't sell such stocks.

When the crisis breaks out, Zhang San won't jump out and boast about how awesome and rich he is. That's not what a smart person does. He'll just quietly come in and not fire a shot.

Just like now, he would rather earn less and run away quickly, but he can buy fewer stock index futures, just for safety.

Zhou Huimin now enjoys a superior status and doesn't need to do so many appearances. Apart from Kou Chi, she doesn't accept any other endorsements. That's how confident she is.

She watched Zhang San selling stocks in rotation and found it strange. This guy didn't do anything all day long; he mostly did odd things. The thought that he actually made her wear a maid outfit in private made her feel a little ashamed.

Zhang San was checking the stocks. When the trading volume of a stock suddenly increases, there will be a lot of sell orders for that stock that day, especially the sell orders that are not shown on the best bid.

There were also a lot of buy orders below the first buy order, which were also attacked. With little trading between the first buy order and the first sell order, the second, third, and fourth buy orders suffered the consequences.

Zhou Huimin, on the contrary, became Zhang San's secretary here, serving him tea and water. She couldn't understand what Zhang San was doing, but every now and then, tens of thousands or millions of transactions would flash on the screen. She felt that these people really didn't value money. She saw them numbly accepting instructions and then starting to sell stocks. The switching process was extremely skillful, as if they had practiced it hundreds of times.

A large amount of cash is flowing out of the stock market. Some people have realized that something is wrong, but they don't pay much attention to it. With an average daily turnover of hundreds of billions of Hong Kong dollars, it is normal for billions of Hong Kong dollars to flow out.

Numbers can get tedious after a while, and I'm talking about the kind of tedious boredom I find. My fingers constantly switch between screens, then I sell the stocks I'm holding.

Those stocks that have risen more than 200% are all on Zhang San's liquidation list. If it were just a single stock, Zhang San's actions would be discovered.

However, since each stock is rotating, it's difficult for others to notice. If each stock is being sold off, it naturally won't attract attention.

Not paying attention doesn't mean it hasn't been discovered. It's not about finding out who's behind the shipment, but rather a feeling.

Those big players who trade financial products in the secondary market have discovered that someone has been selling off their shares. Although they haven't found out who is manipulating the market yet, it has already shown that while it's easy for them to buy the stocks, it's not so easy for them to cash out at high prices.

Hong Kong's stock market has no price limits, but if someone shorts HSBC, Cheung Kong, Hutchison Whampoa, or Ronshine, the consequences may not be good.

Zhang San noticed the market anomaly, but he decided to continue selling as planned.

As time went on, more and more investors did not sell off; instead, the increased trading volume attracted even more attention, and the stock market became overheated.

However, Zhang San was secretly relieved because he had successfully cashed out most of his funds.

At this time, Zhou Huimin had recently read many newspapers, all of which were praising the stock market, the real estate market, and so on...

In Hong Kong today, newspapers remain the mainstay, and while the internet has developed relatively quickly, it is still no match for these mainstream media outlets.

It's not that the internet has little influence, but rather that it's mainly used by young people; compared to elites around forty years old, newspapers are still more persuasive.

This is not without reason; it is related to public credibility. The reputation that newspapers have built up over decades is naturally incomparable to that of the internet, which has only been around for three or four years.

Of course, the influence of print media will become weaker and weaker in the future, and cross-industry attacks will become more and more direct, depriving them of a lot of the soil for survival.

Moreover, most newspaper readers are middle-class elites in their thirties or forties who are in their prime and have the money to take action after reading; while those who go online are a minority, and they are mostly people with little money.

This clearly demonstrates the difference in audience quality, and print media remains dominant.

This time was no different; there were many bullish voices in the newspapers, analyzing the housing market, the stock market, and so on...

All this analysis from these people is useless; when the storm comes, they won't notify anyone.

Although Zhou Huimin wasn't particularly sensitive to numbers and didn't understand how these traders operated, she felt something was off over the past two months. She saw transaction numbers popping up one after another, and then it was all transactions.

They seem to be constantly selling and not buying. Although the volume is small, the sheer number of accounts makes it impossible to sell. After one account is cleared out, they switch to another. The speed at which they do this is truly terrifying.

Zhang San noticed Zhou Huimin's confusion, smiled, and explained, "This is just a strategy. We need to calmly exit when the market is in a frenzy..." Seeing that Zhou Huimin was willing to listen, Zhang San began to explain.

Despite the seemingly prosperous stock market, he was well aware of the risks that lay ahead; when a crisis came, it would not be easy to escape, so it was better to take preventative measures.

As the sell-off continued, Zhang San gradually converted his funds into US dollars. He believed that having more dollars was the only way to survive before the crisis hit.

In the trading room, the traders wore serious expressions, their eyes fixed on the flashing numbers and charts on the screen. Their fingers flew across the keyboards, executing simple trading orders: sell, sell as many shares as possible without being detected.

After Zhang San's explanation, Zhou Huimin quieted down, and only the sound of typing remained in the trading room.

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