My 1979

Chapter 409 Cooperation

At noon, Mrs. Yu cooked the food herself. She knew Li He's taste, which was quite spicy, so she always put in chili peppers. Yu Dehua was so excited that he kept drinking water. His wife and his daughter couldn't eat anymore after just two mouthfuls of rice.

Li He said, "There is no need to take care of my taste."

Old lady Yu said, "You have forgotten that I also like spicy food. I have been accommodating them all day long, and today I am borrowing your accommodating accommodating myself. You don't have to be too polite. Besides, they usually only have the same appetite and are delicate. Very."

Yu Dehua's drinking capacity was limited and he did not dare to hug Li He to drink. His son Yu Bo was a little eager to try and raised his glass frequently.

Facing a half-grown child, Li He had no energy to drink, so he only drank a little and grabbed two bowls of rice.

He said goodbye from Yu's house, and Yu Dehua asked the driver to see him off. As soon as the car left the door, he found Tang Jiajia's car still on the roadside, and asked the driver to stop.

He got out of the car, knocked on Tang Jiajia's car window, and asked, "Why are you still here?"

Tang Jiajia was climbing on the steering wheel to sleep. She was very happy to see that it was Li He, but when she saw the car behind Li He, she was disappointed and said, "Do you have a car to send you? You go first, and I will follow."

"Wait a minute, I'd better take your car." Li He turned around and said to Dehua's driver, "You don't need to send me off, just go back."

The driver said awkwardly, "But what Mr. Yu means is"

"Okay, just say what I said." Li He cut off the driver's words, got into Tang Jiajia's car, and said to her, "Let's go. There is a beginning and an end."

"Yes." Tang Jiajia quickly started the car.

"You haven't had lunch yet?"

"I'm not hungry."

Li He said, "Let me treat you to lunch."

"No, no, my family just owns a noodle shop. Why do I need to go to other restaurants?" Tang Jiajia didn't take Li He's suggestion seriously.

When he arrived at the hotel door, Li He gave him 200 Hong Kong dollars, "Thank you."

Tang Jiajia took out the change from her pocket and said, "Mr. Li, wait a moment and I'll give you the change."

"No, I'll treat you to some ice cream if you have extra." It's not much more. This round trip is calculated according to the price of a taxi, which is not cheap.

"Thank you, Mr. Li." Tang Jiajia happily shouted towards Li He's back.

The next day, only Huang Bingxin and Shen Daoru came. While they were shorting stocks, they also bought a lot of put options. Li He looked at every stock carefully.

His memory is limited, and he may not be able to make money on some stocks, so he can only comfort himself that he can accept it as long as he does not lose money overall.

On the morning of Sunday, October 18, Treasury Secretary Baker announced on a US TV program: "If the Federal Republic of Germany does not lower interest rates, the United States will consider letting the dollar continue to fall." This is obviously bad news, and the impact is global, first felt in the Hong Kong stock market.

On October 19, the Hong Kong stock market opened before the US stock market, and the Hang Seng Index plummeted -11% that day!

Shen Daoru and Huang Bingxin looked at Li He a little strangely!

Huang Bingxin collapsed on the ground, "Mr. Li, what you said is true. Hong Kong stocks are already like this! Could it be that the US stock market is really like this too?"

Li He was also very depressed. He slowly took out a cigarette. After the crisp sound of the lighter, he blew out the smoke ring and said, "Whether it's Hong Kong or the United States, it's just the beginning."

Huang Bingxin said, "Then Mr. Li, why don't we go short on Hong Kong stocks directly?"

Li He said, "I predict that the Hong Kong government will directly suspend the market. Besides, if you want to continue to thrive in Hong Kong, don't offend the Hong Kong government."

When a worldwide stock market crash occurred in 1987, the Hong Kong Stock Exchange announced an unprecedented four-day suspension, becoming the only stock market to suspend trading during the stock market crash. This approach aroused doubts.

"Stop the market? Mr. Li, is this a big joke?" Huang Bingxin was horrified when he heard this. If the market was really suspended, I don't know how many people would jump from tall buildings!

On his way here, he had already heard rumors of someone committing suicide.

No one can accept that tens of millions of dollars have become worthless!

There is a line in "Mermaid": "What big storms have I, Liu, never seen? The stock market crash in 1987, the financial crisis in 1997, and the SARS in 2002. I survived them all, I'm awesome!"

People who can survive the financial crisis are really awesome!

Shen Daoru's phone rang. He listened carefully and the expression on his face changed back and forth.

He hung up the phone and said to Li He, "Mr. Li, people from Goldman Sachs want to meet with you."

"That guy from Goldman Sachs named Qi? He's gone." Li He had already blacklisted this person.

Shen Daoru shook his head, "It's their senior general manager."

Huang Bingxin said, "Mr. Li, they are jealous because they want a piece of the pie. They are also real big investment banks themselves."

Li He said, "Since they ask us, let them come."

Now that he has the confidence, he can wake up from his dreams with a smile.

Shen Daoru knew that Li He also had the capital to ask people from Goldman Sachs to come over. At this time, it had nothing to do with the size of the company, but to see who had the advantage.

The people from Goldman Sachs came very quickly, a group of five or six people, headed by a woman, "Hello, Mr. Li, Guo Dongyun."

"Sit on the bed." The hotel room is not big, but it is a bit crowded with seven or eight people squeezed into it.

Guo Dongyun looked around and said, "Mr. Li, he is a very diligent and thrifty person."

Li He said nonchalantly, "As long as it can accommodate people, waste is the most shameful thing."

"Today's performance of the Hang Seng Index exceeded everyone's expectations. Mr. Li still continues to believe that the U.S. stock market will do the same?"

Li He said, "If you weren't sure, you wouldn't come to me."

“Just yesterday, the U.S. Treasury Secretary announced that the U.S. dollar may take the initiative to depreciate. Coupled with the impact of bad news such as the cancellation of tax incentives for listed companies’ mergers and acquisitions, rumors of an escalation of the Gulf War, and the impact of the increase in the federal funds rate from March to September, U.S. stocks began to adjust. 10 The S\u0026P 500 Index fell for three consecutive trading days from October 14th to October 16th, with a cumulative decline of 10.1%. Today, stock markets in Hong Kong, Europe and other places plummeted one after another, so with such a vicious cycle, there is no reason why U.S. stocks should not fall. Mr. Li, We at Goldman Sachs want to cooperate with you." Zhang Dongyun immediately got to the point without any nonsense.

"How to cooperate? You also know that my layout has been completed."

"Mr. Li, we pay and you come up with a pre-judgment plan. In the past, whether you were doing gold or the Japanese index, your judgment was very accurate. Even this time, we have no reason not to believe your judgment. We are willing to pay 20 Billions of dollars, it’s up to you to operate it.”

"Isn't it too late to make plans now?"

Guo Dongyun smiled and said, "We have the best traders, the best computer equipment and high-frequency traders. You don't need to worry about this."

Time is money, which is a long-lasting truth on Wall Street.

High-frequency trading is computerized trading that seeks to profit from extremely brief market changes that humans cannot take advantage of. For example, when an investor wants to buy a certain stock, he enters a buy order, and this order is transmitted to a stock exchange in the United States. Almost immediately, high-frequency traders can pick up the order and buy the stock before individual investors do. A few milliseconds later, high-frequency traders sell the stock to individual investors at a markup to earn the price difference.

Of course, it is not necessarily so advanced at this time. At most, it is to use Bloomberg's real-time market data computer system to be one step ahead. The trading instructions are a few seconds faster than others, but the difference made by these few seconds is huge.

"This is not an advantage." Li He remembered that after the U.S. stock market opened, due to the huge trading volume, the exchange's computer program directly crashed, and a large number of trading orders could not be executed, so Goldman Sachs' equipment advantage could not necessarily be fully utilized. Of course, it doesn’t mean that you can’t enter the market. Paul Dodo Jones, who became famous in the 1987 financial crisis and made a lot of money, covered his stocks before the stock market closed on October 19. It still depends on the timing.

A fat man next to Guo Dongyun said, "Mr. Li, if this is not an advantage, then what is?"

"What benefits do I have?" Li He did not answer the question. He did not want to get entangled in this topic. "Time waits for no one. The US stock market is about to open."

Zhang Dongyun said, "Mr. Li, if you speak quickly, we can give you a 10% share. And we will waive your transaction fees with us."

"Thirty percent, and waive all my transaction fees. I don't want much."

Guo Dongyun's expression changed, "Mr. Li, can you guarantee that we will succeed? What if there is a loss here?"

"You asked me to cooperate." Li He still wanted to sell the things in his mind at a good price.

A person next to him went out to make a phone call and whispered a few words to Zhang Dongyun when he came back.

Guo Dongyun said with a smile, "Mr. Li's maximum is only 20%. If it's more, I can't explain it to the board of directors."

"Okay." Li He agreed, it was better than nothing.

After signing an agreement, Li He wrote a note, "Follow this operation."

Guo Dongyun took it and looked at it. There were a lot of things written densely on the note, and there were even accurate time points. However, he still asked some questions, "Will all the short orders be placed within one hour of opening?"

"Yes, if it's too late, there will be no takers." Li He explained with a smile, "The short sellers who held short orders on Friday made money. So I predict that after the Dow opens, there will be no buying for a long time. There is no transaction. Don’t be anxious. With the advantages of your equipment at this time, you will be able to complete the transaction if you wait slowly.”

Guo Dongyun asked, "Short SP500 index futures before opening and after closing?"

"Yes, if the funds respond quickly, arbitrage the entry period, and then hold the position until the settlement date, you can make huge profits in a short period of time. This is a God-given opportunity." Li He nodded.

People from Goldman Sachs come and leave quickly.

Huang Bingxin paced back and forth in Li He's room, and Shen Daoru smoked one cigarette after another. The sight made Li He feel dizzy, and he said angrily, "You two should go there too."

The two people left happily.

Li He opened the window and dispersed the smoke in the room.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like