Reborn in America, I'm serious about making money.
Chapter 350 The Prodigal Son's Headline: A Good Study
"Affected by the North American subprime mortgage crisis, the Hong Kong stock market has declined, and the decline has been widening day by day."
"This crisis will have an impact on many aspects."
"Many real estate stocks fell..."
"...the insurance company was acquired by an overseas financial group, and the insurance company suffered investment losses..."
"This year, overseas banks completed their second overseas acquisition, acquiring a North American company..."
"Many Hong Kong businesses are scaling back their operations and selling off properties at reduced prices."
When the Shanghai Composite Index was at 4,500 points, Zhang San began to liquidate all his stocks. It wasn't that he wanted to, but the ship was too big to turn around easily.
In Hong Kong, when the index was around 30,000 points, they started selling their holdings, and the pace of selling accelerated. Meanwhile, they were closing out their long positions in Hang Seng Index futures.
It's not that Zhang San is being overly cautious, but rather that he's taking precautions. Also, this kind of sale aligns with a conservative trading strategy in the stock market.
On the other hand, short positions in stock index futures were established.
During this global stock market crash, Zhang San's decision to hold no stocks demonstrated its power; just as Zhang San was enjoying his newfound wealth, Zhang Zongshuang returned.
Chai Xiaofen felt a pang of heartache when she saw her son's thin face.
"You little brat, do you even know how much your mom worries about you?"
"I'm sorry, Dad, Mom!"
"Hey, why is he so well-behaved this time?" Zhang San asked curiously, looking at Uncle Chang behind him. "Brother Chang, has this rascal taken the wrong medicine?"
Uncle Chang laughed and said, "Young Master is so well-behaved outside; it's true that reading ten thousand books is not as good as traveling ten thousand miles."
"Haha...a prodigal son who returns is more precious than gold." Zhang San laughed, "Everyone is happy, everyone is happy; I've booked a table at Fu Man Lou to welcome this loser back."
Tears streamed down Chai Xiaofen's face. She was in Zhang San's arms, and choked out, "Okay!"
At the dinner table, Zhang San picked up his wine glass, toasted Uncle Chang, and said, "Thank you, Brother Chang, it's all thanks to you for taking care of this good-for-nothing."
"Of course, I'll drink this wine. It's to celebrate my son's success and his return after completing his studies."
"Okay, let's drink together."
Chai Xiaofen was flanked by Zhang San and Zhang Zongshuang. She was serving food to her son and husband, her face beaming with happiness.
"You good-for-nothing, your dad has tons of money. He's not afraid you'll squander it, as long as you don't get involved in gambling, prostitution, or drugs, and of course, starting a business. You can't just squander it all!" Zhang San said this with confidence, though it was a bit of an exaggeration, it was the truth.
"Dad, I don't have grand ambitions, but I'm not a spendthrift either."
"Alright, alright, you're not a spendthrift. Whether you stay home or do something else, Dad will support you."
The welcome banquet that day was naturally a very enjoyable occasion.
Back home, Zhang Zongshuang asked, "Dad, Mom, when is little brother coming back?"
"Your younger brother loves studying; he only came back from spring break."
"Dad, are you saying I don't like studying?" He doesn't want anyone to say he doesn't like studying, not even his dad.
Zhang San realized he had said something wrong and immediately said, "Sorry, I didn't mean to. It's your past impression that made me give such an unconscious answer."
Zhang Zongshuang returned to his room, ready to take a good shower.
"Are you staying tonight?" Chai Xiaofen asked Zhang San, her eyes filled with anticipation.
Zhang San naturally couldn't refuse her, so he said, "Stay. I'll stay and keep you company for the time being."
The two snuggled on the sofa, watching the sunset over Victoria Harbour. Zhang Zongshuang, who had come down from the building, wanted to call them over, but he immediately covered his mouth, stepped back, and carefully went upstairs.
"How long will you stay this time?"
"How long do you want me to stay?"
"You... Hmph, this isn't something I can decide."
"After all these years, you've finally decided to be with me wholeheartedly," Zhang San sighed and said.
Chai Xiaofen is now much richer than she was in her previous life, and her demeanor is naturally very different. This is probably because money makes people more wealthy.
Money can not only keep people away from 99% of money-related troubles; money can also nourish people and bring about a dramatic change in their entire mental outlook.
"What can I do? I've gotten used to being supported by you like this since we had the kids. Where else can I go? Besides, you're not ugly..."
Zhang San thought to himself, "This is what it means for a woman to accept her fate."
He didn't say anything. In this rare moment of peace, the two watched the sunset over Victoria Harbour. The sunset over Victoria Harbour was quite beautiful. If you want to watch the sunset in peace, you first need to have money. Otherwise, you'll be too busy to pay attention to anything else and won't stop to watch the sunrise or sunset.
The next day, Zhang San got up, ate breakfast, and saw that his second son had also gotten up very early.
"Hey kid, so early? Preparing for graduate school entrance exams?!"
"I'm going to school, preparing for university, and studying hard," Zhang Zongshuang said somewhat awkwardly.
Zhang San didn't mock him. Instead, he said, "Since you want to study hard, then study hard. It doesn't matter how well you do. Your father doesn't expect you to take over the family business."
"Dad, don't say that, I..."
"You good-for-nothing, have you ever heard of a prodigal son's return being more precious than gold? A good businessman must go through hardships to grow. If you want to be a good businessman, you still have a long way to go. Why not enjoy life a bit? Have more children to continue the family line. You might not be able to, but your children might."
"Pah, Dad, you'll set a bad example for the kids." Zhang Zongshuang glanced at the time and said, "Oh dear, it's getting late."
"Hey, slow down! You're rushing around like that..."
His words were tinged with complaint, but a smile played on his lips; what parent doesn't want their children to succeed? Zhang San was no exception. However, if his children didn't want to study, he wouldn't force them, lest they develop a rebellious attitude.
"Where are we going today?" Chai Xiaofen came over, followed by a maid who was carrying a bowl of soup. The maid put the soup aside and began serving soup to Zhang San.
Zhang San said, "The subprime crisis in North America is getting worse and worse, and it may trigger a financial crisis next year. This crisis could be global, so we need to prepare early. I'm going to the financial companies later to instruct them to liquidate their positions."
Is a financial crisis really coming?
"Yes, and this time it's very serious."
He also wanted to take advantage of the good opportunity to make more money and then stockpile more gold or other bulk commodities.
"I'll make you some nourishing soup; we have enough money, so don't work so hard, we can eat like this for generations."
"Don't say that. While I can still earn money, I should earn more. Who knows when the children will be able to support the family? It's better to earn more money while I can still work."
"You, who usually don't care about anything, actually have times when you think about your children."
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