Rest of the investment!

"Are the funds in place?" Wu Jianye asked in a deep voice.

Today is October 15th, and there are only 4 days left until Black Monday, which means that the U.S. stock market was not open for two days last weekend, and Wu Jianye only has two days of operation left.

The previous funding preparation issues have all been handed over to Yan Wen, and Yan Wen has been instructed to see all the funds in place today!

Yan Wen did not disappoint Wu Jianye either.

"The cash of Yaoguang Group and Phantom Entertainment has all been concentrated in the account of Yu Zhi Investment, a total of 1.8 billion US dollars, and at the same time, plus the loan business in JPMorgan Bank, Bank of Boston, HSBC and other banks, 1.5 billion US dollars have been raised, a total of 3.3 billion US dollars, all lying on the account of Yu Zhi Investment at this time!"

"How did you talk to JPMorgan Bank, Goldman Sachs and other investment consortia?"

"They suggested that we sell short naked, because according to your orders, 3.3 billion US dollars are all made into 30 cups of leverage, and they don't have that many stocks in their hands at all!" Yan Wen replied.

Wu Jianye laughed self-deprecatingly: "Sure enough, it's as black as a crow in the world!"

Short selling is well understood, when the short selling transaction investor believes that the price of stocks, securities or futures will fall in the future, he pays a part of the margin, borrows a certain stock through a securities broker and sells it first, and then buys back these stocks and returns them to the lender after the price falls to a certain extent, and the investor makes a profit in the process of trading, which is called short selling transaction.

In the mature securities market, the short-seller's shares are borrowed from the long-seller, and the securities company is willing to lend the shares, so that they can collect rent, and they are lent out without the knowledge of the stockholder, and do not need the permission of the long-seller.

"Naked short selling" refers to the investment method in which investors sell non-existent stocks in the market without borrowing stocks, and then buy back the shares to make a profit when the stock price falls further. A "naked short sell" trader who buys the stock before the delivery date is successful.

To put it bluntly, naked short selling does not need to borrow stocks at all, you can directly book short sales, as long as you buy stocks before the delivery date. The advantage of this approach is to increase market liquidity, and the disadvantage is that it may be maliciously used to short.

Since "naked short selling" sells non-existent stocks, the volume can be very large and can have a sharp impact on the stock price.

The "naked short selling" system is a system created by the exchange to allow short sellers to directly sell short without going through a third party to borrow securities, and buy short securities to make up the difference within a certain time limit; in fact, it is equivalent to allowing short-term short selling without subject restrictions.

During the 2008 financial crisis, many well-known large companies died on it, including the famous Lehman Brothers, so the United States recognized the danger and only made a strict limit on naked short selling in 2009.

When Wu Jianye cleaned up Chen's toys, he actually used some naked short-selling methods, but at that time, Wu Jianye didn't have to worry about Chen's toys counterattacking, after all, the funds in his hands were his biggest reliance.

But this is no longer the case, and on Black Monday, the Dow Jones fell 508 points, or 22.6%, a multi-decade decline in the U.S. stock market. It was even more drastic than the stock market decline during the Great Economic Crisis in 1929, causing losses of more than $500 billion, or 1/8 of the gross domestic product of the United States at that time.

Although he knew this, because the amount of funds involved this time even exceeded the amount of funds at the time of the original square agreement, the microscopic changes in one of them were enough to make Wu Jianye owe a huge amount of money.

What's more, at that time, the Plaza Accord, short the yen, was global, and this time Wu Jianye only targeted the Dow Jones index, which means that the money earned by Wu Jianye at that time will have to be paid by the United States.

The consequence of this is that Wu Jianye will not be thinking about going to the United States in the future, and even Phantom Entertainment, which has a close relationship with him, will definitely be hit.

This is also the reason why Wu Jianye set the place of action in Xiangjiang instead of New York.

Therein this is where there is a time lag.

Time is money, an eternal truth on Wall Street!

However, investment firms such as Morgan and Goldman Sachs have promised to come up with the best microcomputer equipment and high-frequency traders.

High-frequency trading is computerized trading that seeks to profit from extremely short-lived market changes that people cannot take advantage of. For example, when an investor wants to buy a certain stock, he enters a buy order, and this instruction is transmitted to a stock exchange in the United States. Almost at the same time, a high-frequency trader will be able to take this order and buy the stock before the individual investor does. A few milliseconds later, the high-frequency trader then sells the stock to individual investors at a markup, thereby earning the spread.

Of course, at this time, it is not necessarily so advanced, at most, it is to use Bloomberg's real-time market data computer system to be one step faster, and the trading orders are a few seconds faster than others, but the difference between these seconds is big.

But even so, Wu Jianye knew that this was not too favorable conditions.

In his memory, after the opening of the U.S. stock market, because of the huge trading volume, the computer program of the exchange went down, and a large number of trading orders could not be executed, so Goldman Sachs' equipment advantages could not necessarily be brought into play. Of course, it's not that you can't enter the market, Paul, who became famous and made a lot of money in the 1987 financial crisis?? Duoduo?? Joan made up for it before the stock market closed on October 19, and it still depends on the timing.

"Diversify your stock purchases, spread them over at least 30 stocks, change the leverage to 20 times, and leave two percent of your positions. ”

In the end, Wu Jianye still chose a more secure method, although Wu Jianye started in finance in another time and space, but he knew his own affairs, unless the entire operation was handled by him alone, it was possible to make his previous bold plan successful, but this involved a lot of current legal issues, and he could only operate in a less dangerous way.

Never think that he has an invincible posture when he is reborn, he does not have a local tyrant system, it is better to be more secure, if he encounters an opponent like Vanderbilt, Wu Jianye's hard work and savings over the years may not be left.

In the 19th century, there was a railroad company Harlem, whose head was Van der Bier, the first richest man in the United States, known as "Captain", was the largest shipowner and the largest railroad owner in the United States at that time, and his wealth was estimated to account for one percent of the GDP of the United States at that time.

There was bad news from the Harlem Railroad, and speculators saw an opportunity to make a fuss with Hudson River Railroad stock. Just as the Haarlem stock price was at its high, they launched a short-selling raid on Hudson River stock. They shorted Hudson, forcing their opponents to increase their margins, creating panic and forcing the stock price to fall further, in an attempt to close their positions at a low level in an attempt to make a big profit on the difference.

Vanderbilt immediately fought back, and he asked his agent to buy out all the "seller's options" in the market.

Vanderbild has money with his companions!

They don't care!

In early July 1863, Vanderbilt closed the net. When the contract expired, short-selling speculators went to the market to buy Hudson River Railroad shares, only to find that there were no sellers in the market because all Hudson River shares were in Vanderbilt's hands. When the stock price soared from $112 to $180 almost overnight, Vanderbilt began demanding that the speculators honor the agreement to pay him the stock.

Then, the short seller always has to pay back the stock, right? Vanderbild, who bought the stock at this time?

These poor unfortunate bastards now discover that there is only one seller in the market, and that is Vanderbilt. Vanderbilt was magnanimous by nature, and he did not insist that short-selling speculators who had fallen into the trap of his own construction fulfill their contracts immediately. Instead, he was willing to lend them the necessary shares at this time, but at a rate of up to 5% per day.

In fact, the most important thing in this case is that Vanderbild's faction has a lot of money...

There is another case in later generations, that is, after Ali went public, Soros once wanted to short Ali, and then Ma Xiaoyun said arrogantly at the time: Ali has prepared 200 billion cash and is waiting for Soros's arrival.

And then, there is no then.......

In the capital market, capital is king!

"Brother, the people from Goldman Sachs want to meet you, do you want to see you?" Yan Wen asked.

Wu Jianye thought for a while and said, "Forget it, let's keep a low profile during this time!"

At the previous dinner, Wu Jianye had already announced Yaoguang Group's interest in Hongkong Land, and now the media and top businessmen in Xiangjiang must be staring at Wu Jianye, and what Wu Jianye has to do at this time is to hide.

It gives people a sense of inscrutableness, of course, all this is not over, and the real beginning is good only after the end of the suspension of the Xiangjiang stock market.

At that time, as long as the Hong Kong service announces the rescue of the market, Yaoguang Group can appear as a savior, which is conducive to Yaoguang Group to establish a better image and establish its own authority in the hearts of ordinary Xiangjiang citizens.

As for Wu Jianye, he can also use this to acquire some listed companies in Xiangjiang.

The best of both worlds, how could Wu Jianye let it go.

Yan Wen has always obeyed Wu Jianye's orders unconditionally, especially after experiencing the Plaza Agreement, Wu Jianye's keen perspective on the stock market.

After dinner, Wu Jianye did not go back to the villa directly, but walked around casually with Zhou Tao, and naturally followed by the bodyguards of the two.

Since he and Gong Zhen met the dwarf mule in Xiangjiang, Wu Jianye's safety in Xiangjiang has long been promoted to the highest level, and every time he comes to Xiangjiang, he not only has a special bodyguard to follow and protect, but also has bodyguards to protect him secretly.

Narrow streets, ding-ding cars, double-decker buses. The lights are intertwined, and it doesn't match the Wednesday night, so it's a purposeless stroll.

Walking along the flyover is the pier, you can meet three or four street singers along the way, and you will also see a Ferris wheel that is not big or small, with fluorescent blue lights marking the Central of Hong Kong, and there are urban elites who are shuttling overtime in each building.

He stood at the ferry, with high-rise buildings behind him, and the singing of street singers gradually dispersed into a sparkling wave. Blowing a slightly salty sea breeze, looking at a bright light, but it always looks like an old movie with a slow motion, with a hint of rhythm and feelings.

"The development of Pengcheng is about to be arrested!" Wu Jianye said.

Zhou Tao was slightly stunned: "Over there in Pengcheng, don't we have splendid clothes?"

"Not enough, far from enough, find a trustworthy person, stay in Pengcheng, in the future, our business base camp will be concentrated in Shanghai, Pengcheng, Guangdong Province. Wu Jianye said.

Pengcheng has opened the land auction, although it is still a little early to intervene in real estate at this time, but Wu Jianye does not mind enclosing the land in advance, and with the development of reform and opening up, the development of Pengcheng and other places will be more rapid.

The top 500 state-owned enterprises look at the capital, the top 500 foreign investors look at Pujiang, and the top 500 private enterprises look at Pengcheng, due to the early development of the market economy, the price mechanism plays a decisive role in the allocation of commodities and factor resources, and the fair, open and just characteristics of the market are fully reflected here.

Therefore, from here, the investment environment in Pengcheng is suitable for the development of the private economy, and if Wu Jianye wants to make a difference in the field of private economy, there is no better place than Pengcheng.

"How is Chen Ming?" asked Zhou Tao.

In the year that Zhou Tao came out, he has become more and more stable, Zhou Tao has met a few times, and he has gradually changed his previous opinion of Zhou Tao.

Wu Jianye thought for a while and said, "Forget it, Chen Ming should have his own ideas." ”

Although Chen Ming is stable, it does not mean that Chen Ming has no ideas of his own, and now his mind is more focused on the fledgling securities investment market in China, and arranging other things for him at this time will make it difficult for Chen Ming to do.

"What about Xiao Cui?" Zhou Tao proposed another candidate, "In the past few years, Splendid Garment has always been managed by Xiao Cui alone, and there should be no problem in terms of ability." ”

Wu Jianye shook his head again: "Jinxiu Clothing is still inseparable from her, and I have something to explain to her later." ”

Thinking of this, Wu Jianye scratched his head a little, why is it that after others are reborn, they are younger brothers who walk everywhere, and they are all capable, and the people around them are always insufficient.

In the end, Zhou Tao suddenly proposed a candidate.

"It's fitting to have someone, but it's a bit different from the rules you've set before. ”

"That?"

"Wu Jianhu!" Zhou Tao proposed a candidate other than Wu Jianye.

"Why do you think of Ah Hu?"

"When I was in Yanjing before, I talked to Ah Hu, his current electrical appliance business is very good, and he has a bigger idea in his heart and wants to be a shopping mall, but the policy on Yanjing's side is still not as suitable as Pengcheng's. ”

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Sogou