Chapter 92: Shorting
With 20 million US dollars in hand, it is destined to be difficult to sleep this night.
Chen Fa carried the good news, regardless of the late night, ran to the hotel where Hu Xuefeng was staying, and vividly reproduced the scene of the negotiation.
Speaking of the Japanese Benzene Daikin Company, the momentum was violent, and the high price of 10 million US dollars was directly offered, Chen Fa only patted his thigh excitedly, and talked about how several companies in the United States raised prices little by little under the pressure of Daikin Company, and finally won the price of 20 million US dollars, Chen Fa said even more excitedly, "Mr. Hu, you didn't see the Japanese Benzene people's face at that time, it was as ugly as eating dog shit, and it was happy." ”
"What happened to the Japanese people?" Hu Xuefeng really wanted to know how the Japanese benzene Daikin company would react in the face of being cut off halfway.
"Naturally, Daikin was still thinking about adding quotations, but when Mr. Horryton announced that the seller would not consider the Japanese benzene company in this technical negotiation, the representatives of several Japanese air-conditioning manufacturers were so angry that they wanted to beat people." Thinking of the expression of the Japanese people at that time, Chen Fa still felt a burst of joy for no reason!
Hu Xuefeng smiled secretly in his heart.
The Japanese benzene people are naturally angry, seeing that the frequency conversion technology they have studied is about to come out, but halfway through, they have a way to bite the gold, and take out the frequency conversion technology in advance, how can the Japanese benzene people easily swallow this breath.
"Tell Mr. Horryton to keep our identities secret." Hu Xuefeng doesn't want to be hunted down by Japanese people all over the world, and making a fortune in a muffled voice is the tone he likes.
"It's easy, tomorrow morning, Mr. Horryton will invite you to Goldman Sachs, and you can just talk to him face to face then." Chen Fa said.
Hu Xuefeng nodded, now that the inverter technology has been transferred, it is time to divide the money.
Nothing was said all night.
The next day, Hu Xuefeng and Chen Fa finished breakfast and came to Goldman Sachs early.
Horriton had been waiting for a long time, and he personally introduced Hu Xuefeng into the high-level VIP reception room, and then said enthusiastically, "Congratulations, 20 million has arrived." ”
As he spoke, Horiton asked his subordinate to bring a lockbox and motioned for Hu Xuefeng to open it and count it.
Hu Xuefeng didn't move, even if the temptation of 20 million US dollars was very great, but he knew that if he wanted to win the friendship of Horryton or Goldman Sachs, then he had to show the style of treating money like dung.
Sure enough, Hu Xuefeng's actions impressed Horriton.
Horryton pointed to the lockbox full of money and asked curiously, "Hu, aren't you afraid that I will give you less money?" ”
Hu Xuefeng smiled, "Mr. Horriton, I believe you won't, because I believe in you and Goldman Sachs, and besides, I don't plan to take this money away!" ”
"Mr. Hu......"
Next to him, Chen Fa immediately became anxious after listening to Hu Xuefeng's words, this is 20 million US dollars, if you don't take it away, is it to give it to Horriton, a gringo?
Horriton's face was also full of doubts, he didn't know what this mysterious oriental boy was going to do.
Hu Xuefeng didn't hide it, he pointed to the cash box and said, "I only took one million of the money in it, and the remaining nineteen million, I hope Goldman Sachs can help me make an investment." ”
"Investment?"
Horriton became more and more incomprehensible, "Mr. Hu, what do you want to invest in?" ”
Although I can't understand it, this is a small performance after all, and the investment of 20 million US dollars, if you can stay, then it will be a very big reward at the end of the year.
"I'm going to short the Hong Kong stock market." Hu Xuefeng knocked lightly on the table, like a devouring predator, stared at Horriton and asked, "Mr. Hollyton, I don't know if you dare to accept this deal!" ”
"Short the Hong Kong stock market?"
As if he had heard the funniest joke, Horriton smiled contemptuously, "Hu, you're from the mainland, I'm afraid you don't know much about the situation in Hong Kong, right?" ”
Hu Xuefeng shook his head.
"Do you know what the Hong Kong stock market has experienced in the past few years?" "Since 1975, the world economy has begun to recover, and Hong Kong is like a rainbow, and in 1978, the trading volume of the Hong Kong stock market exceeded the peak levels of 1972 and 1973. ”
"In June last year, the Hong Kong stock market broke out in the largest takeover battle in history, with the British-owned consortium Jardine Matheson's Hongkong Land and the ship king Pao Yugang fighting for a stake in Wharf, ending with Pao Yugang buying additional shares at HK$105 per share. Stimulated by this, the Hong Kong stock market re-broke above 1,000 points that month. ”
In July, the Hong Kong Far East Exchange, the Gold and Silver Stock Exchange, the Kowloon Stock Exchange, and the Hong Kong Stock Exchange merged to form the Hong Kong Stock Exchange. With the continuous support of these positives, the Hong Kong stock market has entered an unprecedented bull market, and the Hang Seng Index has broken through to an unprecedented 1800 points. ”
Horryton seems to be very familiar with the Hong Kong stock market, a lot of data, almost at his fingertips, judging from his words and body movements, he is very optimistic about Hu Xuefeng's investment.
"Mr. Hu, I think you should listen to Mr. Horriton's advice." Chen Fa still remembers the stock market vividly, the last time the capital chain was broken, because the stock market plummeted, so he really didn't want Hu Xuefeng to invest the money he had just gained and not yet covered the stock market.
Hu Xuefeng was still smiling.
That's right, there is no problem with what Horryton said, the Hong Kong stock market, after several years of development, is indeed a bull market, but so what?
In three days' time, the Hong Kong Association of Banks will announce that it will raise the bank deposit rate from 11% to 12% from 21 July 1981, with the aim of saving the weakened Hong Kong dollar. At this time, the Hong Kong dollar is not pegged to the US dollar, and the result of the interest rate hike will be as high as 3 and a half percent between the Hong Kong dollar and the US dollar, which will trigger a large amount of funds to be transferred overseas to carry interest rates.
The outflow of funds will be fatal to the stock market, and the Hong Kong stock index will fall desperately, and it will fall into a continuous situation.
If the bank interest rate hike is only the trigger for the current round of stock market crash in Hong Kong, then next year, after British Prime Minister Margaret Thatcher's visit to China, Britain's attempt to exchange sovereignty for governance fails, and the Chinese government strongly announces that it will take back Hong Kong on July 7, 1997, the Hong Kong stock market will fall out of control.
Mr. Hu does not remember how much the Hong Kong stock market index would eventually fall during the crash, but he remembers that it would last until the end of 1982.
It is precisely because of his advanced memory that Hu Xuefeng will make a desperate bet and use almost all the funds from the transfer of frequency conversion technology to short the Hong Kong stock market.