Rebirth of the Entrepreneurship Era

Chapter 400 An Excellent Opportunity to Make Big Money

According to the current exchange rate, 30 million Hong Kong dollars is almost 3.9 million U.S. dollars.

Chen Ziqiang took the initiative to pool the whole thing and gave Xu Yiyang 4 million.

For Chen Ziqiang, this time it was really a hemorrhage.

But there is no way, let alone a choice, who let his unbelievable son offend a big shot that the second son of the Li family attaches great importance to.

The more one-third of an acre of land in Hong Kong, the less these middle class and entry-level rich people dare to provoke the top few existences.

The top family stomped their feet, and a large group of rich people below were immediately scared out of their wits.

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 to offend, and take an hour's boat ride to Macau, which occupies a smaller area, it is considered "running away".

Running to Taiwan is almost the highest state of "running away".

It's not like in the Mainland, where you offend someone with great energy in a certain city, and you can find a city a thousand kilometers away on the map, changing places a month, and you can't change them in your lifetime.

This is called strategic depth.

This is also one of the main reasons why the Chinese people were able to fight unremittingly against the invaders on the land of the motherland during World War II and persist until the victory of the War of Resistance.

Chen Ziqiang's family is in Hong Kong, his real estate is in Hong Kong, and his business is also in Hong Kong. If he offends the Li family, he will not be able to stand in Hong Kong in the future, and the whole family has almost nowhere to go.

Even if you grit your teeth and immigrate, everything has to start all over again.

Real estate will be sold at a discount, and businesses will be completely shut down.

In that case, the loss would be more than 30 million Hong Kong dollars.

Therefore, taking the money out to calm things down and buy a lesson is the best solution for him right now.

Xu Yiyang opened a private US dollar account at Citibank, and Chen Ziqiang personally transferred four million US dollars into his account, and then signed the settlement document under the witness of a lawyer.

The content of the settlement is that Chen Ziqiang's son, Chen Wei, extorted Xu Yiyang, and Chen Ziqiang voluntarily compensated Xu Yiyang for mental damage of US$ 4 million.

Although he knew that it was impossible for him to betray him, Xu Yiyang still hoped to leave behind.

After the money arrived, Xu Yiyang called Li Zekai in front of Chen Ziqiang and said, "Mr. Li, I have received the sincerity from the Chen family. This is the end of this matter. I hope you know."

Li Zekai breathed a sigh of relief, and said, "Mr. Xu, do you have time tonight? I'll invite Mr. Xu to dinner?"

Xu Yiyang knew that if he still refused at this time, he would not give Li Zekai face, and Li Zekai would have a big opinion on him later.

So he said without hesitation: "No problem, you decide the time and place."

Li Zekai said, "Well, I'll pick you up at Hong Kong University around 5:30."

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, and it would be inconvenient if he didn't have a car. Let me pick you up. That's the deal."

Xu Yiyang didn't refuse any more,

Said: "Okay, then trouble Mr. Li."

After hanging up the phone, Chen Ziqiang beside him breathed a sigh of relief, but at the same time was terrified.

He couldn't figure out what the background of this young man from the mainland was. The second young master of the Li family not only wanted to stand up for him, but also drove over to pick him up when he invited him to dinner.

Fortunately, this trouble was solved. Although it cost a lot of money, Hao Lai also avoided a catastrophe.

...

Xu Yiyang, who received four million dollars, began to think about what to do with the four million dollars when he left the bank.

shopping? nonexistent.

For a person like him, all he thinks about now is how to use money to make money.

Four million U.S. dollars is not a small amount, but it is more than 30 million yuan.

I spent a lot of time selling lecture cards and sacrificing tuition fees to absorb nearly 10 million cash, and borrowed 3 million from Zhao Hansheng's son, and then put them together in the stock market, borrowing the epic 519 market, and only made 30 million cash. Tens of millions.

But earning more than 30 million yuan, I did not have much toss and turn.

Earning more than 30 million yuan has not taken 24 hours.

Thinking of the stock market, Xu Yiyang suddenly thought, with US dollars in hand, and being in Hong Kong, wouldn't he be able to open an account to speculate in Hong Kong stocks or U.S. stocks?

Today happens to be February 29th, the last day of February.

The bursting of the global Internet bubble and the stock market crash happened on March 13, 2000, that is, next month...

It seems that speculating in U.S. stocks now seems to have joined the German army in 1945, but in fact, the peak market price of Nasdaq was from March 1, 2000 to March 13, 2000, in a short period of ten days.

In the past ten days, the Nasdaq index has continued to soar, setting a record high, and at the same time, many technology stocks have skyrocketed.

As long as you seize the time of these ten days, and then withdraw in time when it crashes on March 13, it is tantamount to catching a wave of epic rising prices!

The subsequent big crash, just let it go, anyway, I can already leave the market with money.

Recalling the big crash that burst the Internet bubble, Xu Yiyang has a deep memory.

At that time, he was studying in Quancheng University. A young professor who was very concerned about Silicon Valley and the Internet specially explained and analyzed the whole story of the stock market crash in real time in his economics course.

Even more than a year after the Internet bubble burst, the young professor continued to follow up. He not only organized a few interested students in the school to set up a research group, but even led them to complete a paper called The thesis of "The Burst of the Internet Bubble Is the Inevitability of the Market's Return to Rationality".

This paper was later fortunately published in a well-known domestic financial journal. Xu Yiyang, as a member of the research team, became the fourth author of this paper.

Although he was just making soy sauce with the professor, it can be said that Xu Yiyang's memory of the whole process of the bursting of the Internet bubble is still fresh.

In Xu Yiyang's memory, on Friday, March 10, 2000, the last trading day of the Nasdaq week, the Nasdaq index rose to a historical peak of 5132.52.

Then it pulled back to close at 5048 points on the same day, and on Monday, March 13, two days later, Nasdaq began to collapse, and the Internet bubble burst!

As for individual technology stocks, during this period of time, there has been a big market against the sky, and the most outstanding one is the chip field.

And the stock with the strongest performance in the chip field during this period is the famous graphics card and video memory giant, NVIDIA!

Xu Yiyang understood the stock price trend of Nvidia before the Internet bubble collapsed, not only because the professor introduced it to everyone as a special case at that time, but also because as a game lover himself, after graduation, he deeply studied the history of Nvidia understanding.

After all, Nvidia's graphics card was Xu Yiyang's belief when he was young.

Xu Yiyang reviewed the materials he had read and found that Nvidia is now in the "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's development was extremely fast, so fast that Microsoft was a little afraid of him.

In March, after the dot-com bubble burst, Nvidia's stock price could still rise 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 the Xbox, but he also joined forces with Nvidia’s deadly rival ATI to attack Nvidia on both sides, making Nvidia miserable.

Nvidia's stock price was once jointly suppressed by Microsoft and ATI from $70 to $7.

However, this is all after 2001.

The current Nvidia is the anti-sky stock among the technology stocks of Nasdaq, and it is also the anti-sky stock whose stock price doubled in ten days!

If I can seize this opportunity, I will definitely make a lot of money!

Thinking of this, he couldn't help but rejoice that this exchange event was just in time.

If I were still in the mainland, it would be as difficult as heaven to speculate in US stocks.

First, it is not easy to open an account, and second, it is not easy to exchange currency.

The country's current foreign exchange control is still very strict, and ordinary people only have a foreign exchange quota of about a few thousand dollars a year. Relying on this amount to speculate in U.S. stocks is simply a mosquito's leg.

Now Xu Yiyang has four million dollars in his hands.

Moreover, he can open an account at will in Hong Kong. In this way, he can take the four million dollars to become a big player in the US stock market!

Xu Yiyang immediately transformed his thoughts into practical actions.

Taking advantage of the time before the afternoon class, he found a powerful brokerage firm, America's First Securities.

Afterwards, Xu Yiyang used 4 million account deposits to open a stock account for himself that could operate both US stocks and Hong Kong stocks.

Opening an account with four million dollars is already a very top high-end client for First Securities, so Xu Yiyang has a securities broker, a middle-aged American named Paul Anderson.

Paul Anderson was very shocked that Xu Yiyang was able to invest 4 million in the stock market at such a young age. In order to earn more commissions, he kept recommending stocks of various unknown American junk companies to Xu Yiyang, even Original shares of unknown companies that are about to go public.

Xu Yiyang refused all of them.

Paul Anderson asked him: "Mr. Xu, which company's stocks are you going to invest in initially?"

Xu Yiyang said: "When the US stock market opens tonight, I will watch the stock selection by myself."

Paul Anderson hurriedly said: "Mr. Xu, you may not understand the operation mode of US stocks. US stocks fluctuate greatly, and you may suffer huge losses if you are not careful, so I still suggest that you accept our broker's advice and buy some potential stocks." Larger stocks."

Xu Yiyang chuckled, and said to himself, it's not that I haven't watched "The Wolf of Wall Street", what business do you stockbrokers do, can I still not understand?

The more junk the stock, the higher the commission for the broker. For example, if the broker sells a share of a large company, the commission is 3%, and if the broker sells a share of a junk company, the commission can even reach 30%, or even higher.

Such junk stocks themselves are very worthless, and the company's performance is also poor. They want to go public to make money, but no one subscribes for the shares to be issued during the IPO. In the end, they can only entrust these brokers to help fool them.

Generally, when such a stock goes public, it falls so low that even its mother doesn't know it. Investors lose a lot of money, but the broker earns a lot of commissions.

Paul Anderson was still fooling him, trying to persuade him: "Mr. Xu, if you are willing to accept the advice 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 suggestion can really make me a lot of money, you will be the one with four million dollars, not me."

A sentence slapped Paul Anderson on the face, making him extremely embarrassed.

But what Xu Yiyang said was also right.

If he could really make money by recommending any stocks and stocks, then he would have made a fortune long ago, and still use it here as a stockbroker?

Seeing that he was embarrassed to fool himself any longer, Xu Yiyang smiled at him, waved his business card in his hand, and said: "If you need anything, I will call you."

After finishing speaking, he went out to stop the car and returned to Hong Kong University.

On the way back to Hong Kong University, Xu Yiyang was thinking about one thing.

How to get more money.

The genius remembers the address of this site in one second:. Mobile version reading website:

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

You'll Also Like