Chapter 468 Crazy Lu Jiaxin
Lu Jiaxin skipped a grade and went to senior year. Because she had prepared for the previous lessons, she adapted quickly. However, the stock market crash was just over a month away, and she was very concerned about it.
On Sunday, Lu Jiaxin called Mo Libin and asked him to sell all the stocks under his name within a week and close the Nikkei index when it expired.
American stocks also went crazy. The most popular stock that Lu Jiaxin bought rose more than five times, and the least popular stock rose more than doubled. Such a rise made Mo Libin feel uneasy, but Lu Jiaxin said that she had been waiting patiently until the time came. Now that he received the call, he was completely relaxed.
When Nie Zhan came over in the evening, Lu Jiaxin told him about this matter and also told him about her plan: "I think the stock market has almost reached its peak now. Ah Zhan, I want to short the Dow Jones Index."
Nie Zhan was shocked: "What are you talking about?"
"The stock market in Hong Kong is overheated now, but that in America is even worse than that in Hong Kong. I have called Mo Libin and asked him to clear all the stocks within a week; the Nikkei index expires in the second half of the month, and all positions are closed."
Nie Zhan couldn't help but press his temples. This is not called investment, it's just gambling: "Jiaxin, take out half of the funds on hand to short, and put the rest in the account first."
He also thinks that the stock market has almost reached its peak. But now no one knows when the snowflakes will fall. What if it's two or three months later? Then the warehouse will be blown up and all the money will be lost. Even if he is a rich man now, but more than 2 billion, just thinking about it makes his heart tremble.
Lu Jiaxin pretended to be casual and said, "All this money was earned from stock market futures. If you lose the bet, just think of it as a dream!"
Nie Zhan suddenly felt that Jiaxin was like a gambler, a financial gambler.
Seeing that Nie Zhan wanted to say more, Lu Jiaxin waved her hand and said, "I have decided, you don't need to waste time persuading me. Nie Zhan, I want to find someone to review the overseas accounts to ensure the safety of the funds. Do you have a reliable candidate?"
Although Mo Libin is Nie Zhan's classmate, there are still hundreds of millions of green coins. There can't be any mistakes at this critical moment, otherwise there will be heavy losses.
Nie Zhan knew that he couldn't persuade him, so he could only cooperate: "You transfer the overseas funds to my account, and I will help you operate it."
Lu Jiaxin thought that it was good to disperse short buying, but the audit was still necessary. She said, "The funds are recovered, and I will transfer the money to your account."
Whether it is stocks or futures contracts, how much money you make is only known as an approximate amount, and the specific amount will be known after selling. It was impossible for her to transfer all of it to Nie Zhan. At most, she could transfer half of it to him, and she had to operate it according to her own requirements.
Lu Jiaxin said: "For the Dow Jones Index, you have to choose a 10x leverage. If you start buying from the beginning of October, can you fill your position within two weeks?"
Starting to build a position on October 1, it should be possible in more than two weeks.
"How much is it?"
"About 400 million."
Nie Zhan nodded and said: "It's okay within two weeks. It's just that the 10x leverage will burst as long as the increase exceeds 8%. The risk is very high, Dajiaxin, you should think about it again."
Lu Jiaxin waved her hand to indicate that she would not consider it: "Anyway, all this money is earned from the stock market, foreign exchange, and futures. If I lose, I will run the clothing company honestly."
After a pause, she said: "If I make money, I will have the money to acquire big brand clothing factories and skin care companies and build my own business empire."
She has thought about it seriously during this period. Real estate is very profitable but it is not her strong point. Her strengths are still in the clothing, jewelry, skin care, and perfume industries. So after the stock market crash, there will be no acquisition of real estate companies, but there will be opportunities to increase the proportion of shares in Yuansheng Real Estate and Wansheng Real Estate, and then hold more shares in real estate companies such as Cheung Kong and Sun Hung Kai.
There are two most profitable industries in Hong Kong, one is real estate and the other is finance. Real estate has been abandoned, but the economic shock after 2000 is basically known, which is her biggest advantage.
Nie Zhan agreed reluctantly.
The next day, Lu Jiaxin called Nie Jingwen and said that she wanted to mortgage the antique calligraphy and paintings stored in their bank again.
Nie Jingwen was a little surprised. He had never heard of any big projects she had recently. But he would not refuse the business that came to his door, and said: "Okay, how much do you plan to mortgage?"
"Of course, I hope the more the better."
Nie Jingwen laughed and said: "One thousand five hundred green coins, this is the highest price, it won't work if it's higher. I also have to explain to the board of directors and shareholders."
He has seen all the antique calligraphy and paintings deposited in the bank, and they are all rare treasures. Especially those porcelains, one of which is smaller than it, and it was sold for 6.6 million last month.
Lu Jiaxin smiled and thanked him, but also made a request, that is, she hoped that he would not tell Nie Zhan about this matter.
Although Nie Jingwen was surprised, he still agreed. These antiques and calligraphy and paintings are worth 15 million green coins. Even if she made some investment without Nie Zhan's knowledge and lost money, the things in the bank would not lose money. In business, making money is more important, and other things can be put aside.
The next day, Lu Jiaxin went to Wansheng Bank to complete the mortgage procedures. However, it was not enough to mortgage the antiques alone. Lu Jiaxin went to the boss of HSBC Bank a week later and told him that she wanted to borrow 500 million yuan for three months.
Lu Jiaxin used Xinxin Real Estate and Green Forest as collateral. Now the real estate is hot, and Xinxin Real Estate is all good assets with a net value of more than 500 million. With the thriving Green Forest, the boss of HSBC Bank agreed very readily.
Xinxin Real Estate and Green Forest are mortgaged, and jewelry is also mortgaged. The most valuable things Lu Jiaxin has on hand are Chery Garment Factory and 17% of Wansheng Real Estate. As for Wansheng Bank's shares, she is not going to move.
After thinking about it, Lu Jiaxin told Nie Zhan her idea: "I want to borrow 500 million from Wansheng Bank and use Wansheng Real Estate's shares as collateral."
Wansheng Real Estate is Nie Zhan's industry. If there is any problem with the 17% shares, it will cause a big shock to the company, so she has to tell him. As for her own industry, how to build it is her own business, no need to tell.
Nie Zhan understood it as soon as he heard it, and said: "Do you want to short the Hang Seng Index?"
The American stock market is going to fall sharply, and the port city that relies on foreign trade cannot escape. According to Lu Jiaxin's judgment, the US stock market fell sharply, and the stock market of the port city followed suit.
"Yes."
Nie Zhan looked at her and asked, "Have you mortgaged Xinxin Real Estate and Green Forest?"
Lu Jiaxin saw that he looked calm, thought for a while and nodded, "Yes, including the antiques and paintings."
Nie Zhan breathed a sigh of relief. This was a complete gamble of his life. It was not an exaggeration to say that it was crazy. He did not blame Lu Jiaxin, but made a request: "Jiaxin, Chery can no longer be mortgaged."
"Okay."