Rebirth 1983: Starting From Taking Back the Family Property Chapter 478

Chapter 478 Black Monday (1)

Monday, October 19

Every day at 6:10, Lu Jiaxin would get up and wash up, then go for a run on the trail in the backyard for half an hour. After returning, she would have breakfast and then go to school. Today was no exception. I washed up and went for a run in the backyard as usual.

Coming back after running, Lu Jiaxin didn't see Nie Zhan: “Sir, haven't you gotten up yet?”

Butler Meng said: "Sir, he got up not long after you left. He left without eating breakfast. He was so anxious that he didn't know what happened."

There is a time difference between Europe and the United States and Hong Kong City. Lu Jiaxin guessed that Nie Zhan got the news and rushed to the company: "It must be about work. Let's put breakfast on the table!"

After breakfast, Lu Jiaxin went upstairs, changed clothes, and went to school without calling to ask about Nie Zhan. If history had not changed, many people in Europe and the United States would be anxious now, while people in Hong Kong City would definitely be panicked. However, this has nothing to do with her, she just needs to wait to pick the fruits of victory.

Arrived at the school gate, Lu Jiaxin went in holding books as usual, without taking her mobile phone. Since you come here to study, you should be like everyone else and not be special.

Nie Zhan did not go back to the company but to Wansheng Bank. Nie Jingwen called him and told him that the Wall Street stock market had plummeted and asked him to go to the bank.

Arrived at Wansheng Bank, Nie Zhan took the CEO elevator directly to the top floor.

As soon as Nie Jingwen saw him, he said: "The Wall Street stock market plummeted, and the Dow Jones Industrial Average fell 67 points at the opening. Ah Zhan, the Wall Street stock market has plummeted before, but it has never fallen as sharply as this time."

All stocks under Nie Zhan's name have been sold, and Wansheng Real Estate's debt ratio has dropped from 68% to 45%. Even if there is a stock market crash in Hong Kong City and the stock price of Wansheng Real Estate falls, the banks will not come to collect debts. Therefore, the big shock in the stock market will not have an impact on the company, but it will have a great impact on Jiaxin.

He didn't know how much money Jia Xin raised for shorting, but he got 400 million green coins and 1.12 billion Hong Kong dollars, and then used ten times the leverage according to Jia Xin's requirements.

Seeing that he was silent, Nie Jingwen patted his shoulder and asked, "Azhan, what are you thinking about?"

Nie Zhan came back to his senses and said: "With such a big crash in the Wall Street stock market, the Hong Kong stock market will definitely plummet. Didn't I ask you and the company to clear all the stocks held, and the company's investment projects were also tightened to recover the funds? The loans extended will also be collected. "As long as a batch of funds are withdrawn, the impact of the collapse of the Hang Seng Index on the banks will be minimized."

Due to his personal reasons, the development of Wansheng Real Estate in the past two years has been somewhat aggressive. For this reason, his grandfather criticized him several times, and even Hu Zhifeng and several other friends advised him. If the debt ratio is too high, the risk is too high and it is easy to be taken over by hostile parties, and the company may change owners. It's just that he didn't want to be overtaken by Jia Xin, and he also felt that the future of real estate would be great, so he didn't listen to these advices.

Different from Wansheng Real Estate, Wansheng Bank has always made progress while maintaining stability under the management of Nie Jingwen. Now with his suggestions, the stock market crash will definitely have a great impact on banks, but they can survive it.

Nie Jingwen's lips moved, but the words that came to his lips remained unsaid for a long time.

Nie Zhan was shocked when he saw him like this: "Brother, don't you tell the bank that the stocks it holds have not been liquidated, nor have they tightened investment to withdraw funds quickly?"

Nie Jingwen said hurriedly: "Investment has been tightened, but the stocks held by me personally and by the company have not been sold. In addition, there are many shares pledged by the company."

Even Wansheng Real Estate still has 17% of its shares mortgaged in the bank, and the mortgage amount is 500 million.

Nie Zhan was furious: "I told you clearly that I wanted you to liquidate all the company's stocks and contract indexes. Why didn't you listen?"

When he received a call saying that the Wall Street stock market had experienced the biggest crash in history, he was only happy and not worried. Because the Dow Jones Index crash meant that Jiaxin could earn billions, and everything she wanted could come true. And your company can expand further. As for the banks, the losses are reduced to the point where they can survive. Nie Jingwen said with some guilt: "I planned to sell it this week, but something happened unexpectedly. But I have already told the manager to sell it as soon as our stock market opens."

Nie Zhan was very angry and asked: "Everyone wants to sell when the market opens. But the Wall Street stock market has fallen like a bear, who do you think will take over?"

When he got the news that the Wall Street stock market crashed, Nie Jingwen regretted it so much that his intestines turned green. If we listen to Nie Zhan, even if the Hang Seng Index crashes today, the bank will be able to survive smoothly. But the opportunity was missed, and a severe test followed.

Nie Jingwen calmed down and said: "Most of the stocks held by our bank are high-quality stocks. Even if they fall, they can still rise back."

Nie Zhan endured his anger and said, "Since you know what's going on, why did you ask me to come over?"

Nie Jingwen asked him to come over. In addition to talking about the Wall Street stock market crash, there was another thing he wanted to understand: "A Zhan, Lu Jiaxin pledged all the money from Wansheng shares and antique calligraphy and painting, and used the money to short the Hang Seng Index. A Zhan , She got the news in advance.”

Nie Zhan said angrily: "If she wants to get the news in advance, will I follow her and go short?"

“Then why did she cash out so much money to short the Hang Seng Index?” Nie Jingwen asked. He had asked the reason before, but Nie Zhan was vague and did not continue to ask.

Lu Jiaxin thought he was crazy at the time when he used such high leverage to short the Hang Seng Index. However, he also has selfish motives. After Lu Jiaxin's position is liquidated, they can take the opportunity to get back the shares of Wansheng Real Estate.

Nie Zhan said: "I said that the stock market would plummet in the future. She wanted to short the Hang Seng Index as soon as she heard it. She couldn't stop her no matter what. I just analyzed it like that, but I didn't expect her to be sure of it."

Nie Jingwen asked in disbelief: "Is it that simple?"

Nie Zhan said unhappily: "The Wall Street stock market will crash today, and so many rich people will suffer heavy losses. Where do you think Jia Xin can get the news? She is just betting that the stock market will plummet during this period, and I will do it." She was prepared to lose all her money."

He would not tell Nie Jingwen that Lu Jiaxin's left eye made money. He thinks it's a coincidence, but his eldest brother may not think so, and he still doesn't know what kind of trouble it will cause.

Kang Huijuan's matter has not yet completely passed, and Nie Manli and the sisters are holding her back. If Nie Jingwen causes any trouble again, Jiaxin will really break up with him because of his trouble-fearing temperament. He couldn't bear the consequences, so no one said anything about it.

Nie Jingwen asked: "You didn't buy it at all?"

Nie Zhan shook his head and said: "No. This is gambling, and it is a sure-losing game. How could I buy it?" Nie Zhan said. This did not deceive Nie Jingwen. He did not spend a penny to buy it himself, but bought it for Lu Jiaxin.

“Jiaxin dared to gamble because she lost all her money, and so did I! With me as my backing, no one dares to bully her even if she has no money.”

Nie Jingwen was speechless.

(End of this chapter)

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