1928: The rise of giant merchants

Chapter 439 Are you in a hurry now?

On the evening of October 23rd.

Red Star United Group officially issued a statement that it will remove Rose Dewittebucket from the position of president and Liu Xuenong from the position of vice president. Basically, all the top management below will undergo a major overhaul.

Several local securities companies in New York jointly acquired Red Star, among which New York Securities, owned by the Bank of New York, accounted for 65% of the total shares.

This wave of cash-out allowed Ye Luo to get more than 20 million US dollars. To be honest, he did not expect that a company like Hongxing United Group could be sold at such a high price during this period.

It seems that the American ghosts still have confidence in the stock market securities and feel that they will not be ruined to the point of being a piece of chicken.

Of course, Hongxing United Group can sell at such a good price, thanks to the fairy stock myth that was once a hit.

After Ye Luo went to the United States, he started the trend of penny stocks and raised the unlisted AIMEX to a level second only to the New York Stock Exchange, allowing a large number of investors to see a new dawn.

The penny stock sales case has also been incorporated into the textbooks of economics and finance majors in many prestigious universities, and some people even call it the "Yellow Miracle."

But now penny stocks are in shambles, and no one will play this thing again in the short term.

With the newly acquired more than 20 million U.S. dollars, Ye Luo first gave a wave of extra bonuses to all employees who were still working with him, and then distributed another 2 million U.S. dollars to Huixin, which scared her so much that she thought it was a breakup fee.

The remaining money was invested in the stock market again to continue to impact the weak U.S. stock market.

When the market closed on October 23, many high-priced stocks fell sharply. Yelo notified Livermore and four others in advance, asking them to liquidate some of their stock positions, making an instant profit of 100 million U.S. dollars. At this time, there were nearly $800 million in profits!

They had US$5 billion in funds to leverage the stock market, and the target profit was naturally more than this, but everyone was still pleasantly surprised to see so much money entering their accounts.

Livermore was the most excited.

Since becoming a legendary trader, he has never been able to make new achievements. Instead, he has become an old immortal who everyone in the family calls for retirement.

Livermore urgently needs a cross-era deal to prove that he is still young.

No matter what happens next, the money earned from this first wave of short selling is enough to prove this.

At his peak in the past, he failed to make more than $100 million in profits.

That night, many people could not sleep.

That night, a small number of people slept very soundly.

That night, the principal's wife, who was far away in Jinling in the Republic of China, received the phone call she least wanted to receive.

"What did you say? Liu Xuenong is missing? Hongxing United Group was acquired by New York Securities and others? Where is my money! Where is my money!"

The principal's wife almost growled into the phone receiver.

The liaison officer hesitated and couldn't explain why.

The actual losses of Hongxing United Group cannot be estimated until New York Securities takes over.

But as expected, all the savings of the important figures in the military and political circles of the Republic of China were wiped out.

"Where's Mrs. Dewitbucket?" The principal's wife clutched the phone receiver tightly, forcing herself to calm down. "Someone has to give me an explanation, right?"

Still hemming and hawing.

"Idiot! You don't have to come back!" She hung up the phone suddenly.

After hesitating for a long time, he dialed Kong Xiangxi's phone number.

It's always busy.

This hit her like a bolt from the blue.

I had to ask Ye Luo for help.

Fortunately, Ye Luo answered the call in a timely manner.

"Sister, I've heard everything." Ye Luo had long since separated from the Hongxing United Group. He had been betting on the decline of the US stock market more than a month ago, and he became a clown because of it.

In the eyes of the principal's wife and others, Ye Luo had nothing to do with this matter, and was even one of the victims.

This is an era when information is relatively lagging behind and the media is not developed enough.

Information difference is an absolute advantage.

"Aluo. What's going on?" The principal's wife's hands were shaking.

Because the money she used for stock trading included not only her own savings, the savings of the principal's family, but also part of the military expenditure.

Seeing that the war is about to begin, once the principal goes to war with Yan Xishan and the others, what will happen to military supplies and other things?

Is it possible to "borrow" from business groups like before?

This matter can be either one or two. The two Northern Expeditions and the Shangbo Expropriation have offended a large number of domestic plutocrats.

If this group of rich men were really offended and they went to Jiangcheng to support someone Wang, then the gain would outweigh the loss.

"Don't worry, I'll find someone to ask. Mrs. Dewitbucket is said to have hooked up with Livermore." Ye Luo "unintentionally" revealed a key piece of information.

"Who is Livermore?" The principal's wife was confused.

"The chairman of the Livermore Group in the United States, a very famous and powerful investor, is said to be the main force behind this wave of short selling of U.S. stocks."

Ye Luo answered with a smile.

"Short US stocks." The principal's wife didn't understand even more.

After some explanation, she realized that she might have been tricked by the Americans.

Now she had no choice but to hide the matter from the principal, so she had no choice but to turn to Ye Luo for help.

"Good brother, please help me this time. If things are settled, my sister will promise you anything." The principal's wife begged.

Ye Luo agreed: "No problem, I will do my best, it's all my family."

After hanging up the phone, Ye Luo laughed out loud.

I'm afraid it's not just the principal's wife who has a big problem, but also Song Ziwen and Kong Xiangxi. I hope this wave will cause the Sassoon family to also suffer a loss.

He targeted these people from the beginning.

These important figures in the military and political circles of the Republic of China will be either traitors or non-war factions in the future. It is better to use their savings to support the subsequent national disaster than to die in their drinking pools and meat forests.

The only thing that worried him was Zhang Hanqing.

After mid-September 1929, the negotiations between China and the Soviet Union completely broke down.

On October 2, more than a thousand Soviet infantrymen attacked the position of the third battalion of the 38th Regiment of the Manzhouli garrison. The two sides fought fiercely.

Then they continued to attack various positions at Manzhouli Station with the cover of aircraft and artillery. The two sides fought until the morning of the 3rd.

On October 4, the Office of the Commander-in-Chief of the Northern Border Guards drafted the "Regulations on the Organization of the National Volunteer Army" to encourage the organization of volunteers to support the war against the Soviet Union, and the conflict further escalated.

On October 10, 30,000 Soviet troops on the Baikal side marched towards the border. At this time, the brigade responsible for defending Liang Zhongjia had been fighting with the Soviet troops for dozens of days. There was no backup and they were in urgent need of help.

This war seems to be a one-sided situation. I hope Zhang Hanqing did not invest money in the US stock market at this time to make the situation worse.

Just after hanging up the phone from the principal's wife, he received a call from Tang Fulu. After comforting Song Ziwen's secretary, Lin Kanghou's urgent call came non-stop.

Wave after wave.

Those distant people in the military and political circles of the Republic of China who had been admonished by him are now as big as a bucket. They wish they could fly directly to the United States and land on the New York Stock Exchange to see the situation.

Unfortunately, it's a done deal.

Liu Xuenong, who had swindled their money, was found dead in the sea, unable to repay.

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