MTL - Rebirth of the Entrepreneurship Era-v2 Chapter 400 Great opportunity to make big money
According to the current exchange rate, 30 million Hong Kong dollars is almost 3.9 million US dollars.
Chen Ziqiang took the initiative to scrape together and gave Xu Yiyang 4 million.
For Chen Ziqiang, this time it was really bleeding.
But there is no way, and there is no choice. Who will let his unbelievable son provoke a big man whom the second son of the Li family values very much.
The more one acre of land in Hong Kong, the more these middle-class and entry-level wealthy people dare not provoke the top few.
The top family stomped their feet, and a large swath of wealthy people immediately disappeared.
This is mainly because Hong Kong is too small and lacks sufficient strategic depth.
In Hong Kong, if you offend someone you can't afford, you can take a one-hour boat ride to Macau, which covers a smaller area, and you're already a "run away".
went to Taiwan, that was almost the highest state of "running".
Unlike in the mainland, you offend someone with a lot of energy in a certain city. You are gesticulating on the map to find a city a thousand kilometers away. You can change a place a month, and you won’t be able to change it in your life.
This is called strategic depth.
This is also a major reason why Chinese children were able to fight unremittingly against the invaders on the motherland during World War II, and persisted until the victory of the War of Resistance.
Chen Ziqiang's home is in Hong Kong, his real estate is in Hong Kong, and his career is also in Hong Kong. If he offends the Li family, he will not stand in Hong Kong in the future, and his family will have almost no way out.
Even if you gritted your teeth and emigrate, everything must start again.
Real estate will be sold at a discount, and business will be completely shut down.
In that way, the loss is more than 30 million Hong Kong dollars.
Therefore, taking the money out to settle the matter and buy a lesson is the best solution for him right now.
Xu Yiyang opened a private U.S. dollar account with Citibank. Chen Ziqiang personally credited four million U.S. dollars into his account. Then, under the witness of a lawyer, he signed and shackled the settlement letter.
The content of the settlement is that Chen Ziqiang's son Chen Wei, for extorting Xu Yiyang, Chen Ziqiang voluntarily compensated Xu Yiyang for mental damages of 4 million US dollars.
Although he knew that he couldn't turn back, Xu Yiyang still hoped to keep a back.
When the money arrived, Xu Yiyang called Li Zekai in front of Chen Ziqiang and said, "Mr. Li, I have received the sincerity of the Chen family. This is the end of the matter. I hope you will know."
Li Zekai breathed a sigh of relief, and said: "Mr. Xu, do you have time tonight, I have a banquet for Mr. Xu to have a meal?"
Xu Yiyang knew that if he refused at this time, he would not give Li Zekai face. Looking back, Li Zekai should have a big opinion of him.
then said without hesitation: "No problem, you decide the time and place."
Li Zekai said: "Let's do it, around 5:30, I will pick you up at Hong Kong University."
Xu Yiyang hurriedly said: "Mr. Li, don't bother you to come and pick me up in person. You can tell me the location directly and I will go there by myself."
Li Zekai said politely: "Mr. Xu came to Hong Kong for the first time. It would be inconvenient if you don't have a car. I'll pick you up. That's it."
Xu Yiyang no longer declined, saying: "Okay, then trouble Mr. Li."
hung up the phone, and Chen Ziqiang next to him breathed a sigh of relief, but he was also terrified.
He doesn't understand what the origin of this young man from the mainland is. Not only does the second young master of the Li family have to stand up for him, but he has to drive over to pick him up in person if he invites him to dinner. This is too much face.
Fortunately, this trouble was solved. Although a lot of money was spent, Haolai also avoided a catastrophe.
……
Xu Yiyang, who had received four million dollars, started to wonder when he left the bank, what should be used for these four million dollars.
shopping? nonexistent.
For people like him, what I think about now is how to use money to make money.
4 million U.S. dollars is not a small sum, but more than 30 million yuan.
I spent a lot of time to promote the attendance card, sacrificed tuition profits and absorbed nearly 10 million in cash, and borrowed 3 million from Zhao Hansheng’s son, and then put them in the stock market and borrowed the epic 519 market, and only made 3 Tens of thousands.
But earning more than 30 million yuan, I can't do much toss around.
earned more than 30 million, and it hasn’t used 24 hours.
Thinking of the stock market, Xu Yiyang suddenly thought, with the US dollar in hand, and he is in Hong Kong again, can I open an account to trade Hong Kong stocks or US stocks at will?
Today is February 29th, the last day of February.
The global Internet bubble burst and the stock market crash occurred on March 13, 2000, that is, next month...
It seems that the US stock market is now joining the German army in 45 years, but in fact, the peak market of Nasdaq was on March 1, 2000, to March 13, 2000 in a short period of more than ten days.
In the past ten days, the Nasdaq Index has continued to soar, setting a record high, while many technology stocks have skyrocketed.
As long as you seize these ten days, and then withdraw in time when the crash on March 13th, it is tantamount to seizing an epic rise in the market!
The subsequent crash, just let it go, anyway, I can already leave the market with money.
Recalling the crash of the Internet bubble burst, Xu Yiyang has a deep memory.
At that time, he was studying in college in Quancheng. A young professor who was very concerned about Silicon Valley and the Internet, devoted himself to his economics course to explain and analyze the whole story of the stock market crash in real time.
Even more than a year after the Internet bubble burst, the young professor continued to follow up. Not only did he organize a few interested students in the school to set up a research group, he even took everyone to complete an article called "The bursting of the Internet bubble is a necessity for the market to return to rationality".
This paper was later fortunate to be published in a famous domestic financial journal. Xu Yiyang, as a member of the research team, became the fourth author of this paper.
Although he just followed the professor to make soy sauce, Xu Yiyang's whole process of the bursting of the Internet bubble can be said to be fresh in his memory.
In Xu Yiyang’s memory, on Friday, March 10, 2000, on the last trading day of the Nasdaq week, the Nasdaq index will rise to a historical peak of 5132.52.
Then it pulled back to the close of 5048 on the same day. On the Monday two days later, on March 13, the Nasdaq began to collapse and the Internet bubble burst!
And individual technology stocks, in this period of time, ran out of the big market against the sky, of which the most powerful is the chip field.
And the stock that performed the strongest in the chip field during this time is the famous graphics card and video memory giant, NVIDIA!
Xu Yiyang understands the stock price trend of Nvidia before the Internet bubble collapse. Not only did the professor at the time specifically introduce it to everyone as a special case, but also because he himself, as a game enthusiast, after graduating, he went deep into the history of Nvidia. Understanding.
After all, Nvidia’s graphics card was once Xu Yiyang’s belief in his youth.
Xu Yiyang reviewed the materials he had read and found that NVIDIA is now in a "highlight moment" of its own development.
ATI, which has not yet been acquired by AMD, lags behind Nvidia in terms of technology and product strength, so Nvidia is almost invincible in the world.
During this period of time, NVIDIA has developed extremely fast, so fast that Microsoft is a little jealous of him.
After the dot-com bubble burst in March, Nvidia’s stock price still rose all the way, and it rose to June, which is enough to see how strong Nvidia’s performance is.
Then, Microsoft began to attack Nvidia. Not only did he stop cooperating with Nvidia on Xbox, he also joined forces with Nvidia's archer ATI to attack Nvidia on both sides, making Nvidia miserable.
Nvidia’s share price was once combined by Microsoft and ATI, from 70 dollars to 7 dollars.
However, this has happened since 2001.
The current Nvidia is the anti-sky stock in the Nasdaq technology stocks, and it is the anti-sky stock that has doubled its share price within a dozen days!
If I can seize this opportunity, I will definitely make a fortune!
Thinking of this, he couldn't help but rejoice that this exchange event was just in time.
If I am still in the Mainland, it would be difficult to speculate in US stocks.
First, it’s not easy to open an account, and second, it’s not easy to exchange currency.
The country’s current foreign exchange control is still very strict, and ordinary people have a foreign exchange quota of about several thousand dollars a year. Relying on this quota to speculate in US stocks is nothing short of mosquitoes.
Now Xu Yiyang has four million dollars in his hands.
And he can open an account at will in Hong Kong, so that he can take the four million dollars to the U.S. stock market and become a big seller!
Xu Yiyang immediately transformed his thoughts into actual actions.
Taking advantage of a little time before class in the afternoon, he found a strong brokerage firm, the first securities company in the United States.
Then, Xu Yiyang used 4 million yuan to open a stock account for himself that can operate both US and Hong Kong stocks.
Opening an account with US$4 million is already a very top high-end customer for First Securities, so Xu Yiyang has a stock broker, a middle-aged American named Paul Anderson.
Paul Anderson was shocked by Xu Yiyang’s ability to invest four million into the stock market at a young age. In order to earn more commissions, he kept recommending Xu Yiyang the stocks of various unknown American junk companies, even The original shares of an unknown company that is about to go public.
Xu Yiyang refused all.
Paul Anderson asked him: "Mr. Xu, what company stocks are you planning to invest in at the beginning?"
Xu Yiyang said: "When the U.S. stock market opens in the evening, I will watch the stock selection by myself."
Paul Anderson hurriedly said: "Mr. Xu, you may not understand the operating mode of U.S. stocks. U.S. stocks are relatively volatile. A little carelessness may result in huge losses. So I still recommend that you accept our broker’s advice and buy some potential. Larger stocks."
Xu Yiyang chuckled, and said to his heart, I haven’t watched "The Wolf of Wall Street" before, so what kind of business do you stockbrokers do, can I still not know?
The more junk stocks are, the higher the commissions they will pay to brokers. For example, if a broker sells a stock of a large company, the commission is 3%, and if a stock is sold in a junk company, the commission can reach 30% or even higher.
Junk stocks like this are very worthless in themselves, and the company's performance is also poor. UURead www.uukanshu.com wants to go public to collect money, but no one subscribes for the stocks to be issued at the time of the IPO. In the end, they can only entrust these brokers to help fool you.
Generally, such stocks are listed on the market so that they don’t even know their mother. Investors are in a mess, but brokers are earning a lot of commission.
Paul Anderson is still fooling him, and strongly persuades: "Mr. Xu, if you are willing to accept the opinions of our professionals, then we can definitely help you make a lot of money!"
Xu Yiyang said: "Come on, buddy, I'm not targeting you. If your suggestions really make me a lot of money, the person with four million dollars is you, not me."
A word slapped on Paul Anderson's face, embarrassing him.
But what Xu Yiyang said is also right.
If he can really make money by recommending which stocks and stocks, he would have made a fortune already, and would he still use it as a stock broker here?
Seeing that he was embarrassed to fool himself again, Xu Yiyang smiled at him, waved his business card, and said: "If you need anything, I will call you."
After finishing speaking, go out to stop the car and return to Hong Kong University.
On the way back to Hong Kong University, Xu Yiyang was thinking about one thing.
How to get more money.
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