Chapter 851
At 9:30 a.m. on October 19, 1987, as soon as the New York stock market opened, the Dow Jones index suddenly fell after a period of trembling, and panic enveloped the entire New York stock market. The Dow Jones index plummeted by 508.32 points until www.biquge.info market closed
The width reached 22.62%, which made Chen Jie in a villa in New York very happy, just this day, Chen Jie's net worth more than doubled, it will definitely be shocking to say, and this is just the beginning. The collapse of the U.S. stock market quickly spread around the world, October 19
, the Financial Times Index in London, England, fell 183.70 points, or 10.8%, setting the largest daily decline in the British stock market; Japan's Tokyo Nikkei fell 620 points on October 19, and the 20FL fell another 3,800 points. The cumulative decline was 16.90%, and on October 19, Hong Kong's Hang Seng Index fell 420.81 points, down 11.
2%, on October 19 or 20, the French stock market fell by 11.8%, 10.5% and 12.5% respectively, and the Brazilian and Mexican stock markets plunged by more than 20%.
After the collapse on October 19 and 20, the crisis in global stocks is not over. On October 23, panicked investors began to sell dollars in the foreign exchange market again, snapping up hard currency, resulting in a sharp depreciation of the dollar.
The Jones index plunged another 156.63 points, or 8.03%; Japan's Nikkei fell 4.75%, while France, Switzerland and the Federal Republic of Germany fell 7.0%, 10.0% and 10.1% respectively. After being forced to suspend the market for 4 days, the Hong Kong stock market resumed at 11 a.m. on the 26th.
The market simply can't take orders. At the end of the day, Hong Kong's Hang Seng Index plummeted by 1,120.7 points, a daily decline of 33.33%, the highest decline in the history of the world stock market. Throughout October 1987, the stock market crash caused huge losses to the world's stock markets. The U.S. stock lost $800 billion in market capitalization, and Japan lost it
$600 billion, $140 billion for the UK, $32 billion for Taiwan, and $30 billion for Hong Kong. The crash caused a total of $1,792 billion in losses to the world's major stock markets. And Chen Jie took advantage of his foresight and took advantage of this global stock market crash to make his net worth skyrocket
Ten times more. Of course, Chen Jie will naturally not forget another very important thing after the stock market crash, this is a good time for Chen Jie to start intervening in various industries, so Chen Jie is not stingy with money at all, and keeps selling and acquiring shares of some high-quality groups in his memory. AT&T
Division, Mobil Oil, General Motors, Intel, American Power, Citibank, Coca-Cola and other high-quality groups have become Chen Jie's targets. Of course, Chen Jie is not acquired by all companies, such as Apple. If Chen Jie buys Apple's shares now, it will be no surprise
, this part of the shares will not bring Chen Jie any profits in ten years, on the contrary, it is not good to take some money into it. So Chen Jie really didn't think about intervening in a company like this at this time.
In just one month, Chen Jie has become a member of the board of directors of more than 20 well-known companies in the United States, although the shares he holds are not very large, only 3.5%-11%, but this is enough to surprise people, the opportunity to be Chen Jie's favored companies because of the stock market crash by shareholders to sell shares
Most of the tickets flowed into Chen Jie. This also makes Chen Jie's fancy, although on the surface it seems that the loss is not as scary as other companies! However, another thing is even more surprising, because Chen Jie has become a shareholder of more than 20 well-known American companies at the same time, and this matter is sure to be hidden
will not be able to hide it, so Chen Jie's net worth has once again become the focus of everyone in the United States.
Just when everyone in the United States was discussing Chen Jie, Chen Jie changed the battlefield and rushed into the European stock market, becoming one of the shareholders of Siemens, L'Oreal, BASF and other companies
The shares acquired on the surface, even if the stock price has fallen a lot because of the global stock market crash, it is conservatively estimated to exceed 150 billion US dollars, this figure is really scary, although Chen Jie has made it clear that he will not sell his shares after becoming a shareholder of these groups
will not participate in the normal operation of these enterprises, but this abundant funding alone can already shock everyone and the country. After all, even in China at this time, foreign exchange reserves are not so scary.
Many people have heard of Chen Jie's family history, although there was news last year that Chen Jie was worth tens of billions. But compared to the current situation, the gap is too big. Many people are curious about how Chen Jie has so much wealth, and some people say that Chen Jie has been supported by a certain government
But this conclusion was quickly overturned, after all, there were more than $150 billion in funds, and in the 80s, there were few governments that could come up with these funds. Moreover, the vast majority of them are countries with relatively large losses in the stock market crash, so it is even more impossible to come up with so many to support Chen
Jay. Some people say that Chen Jie is supported by the Federal Reserve, and many people really believe this excuse. After all, it is really possible for the Federal Reserve to come up with so many dollars, but soon the Fed people came out to clarify, because of this stock market crash, the Fed's loss
The loss is also huge, and if Chen Jie really has the support of the Federal Reserve, he will not buy Citibank's shares. After all, the two banks are also competitors in the United States!
In the end, someone finally thought that Chen Jie had increased his worth more than ten times by taking advantage of the Plaza Agreement, since Chen Jie could predict the matter of the Plaza Agreement, would Chen Jie also be able to predict the stock market crash? After all, the internationally renowned investment analyst Mak Jiahua had predicted it a week before the stock market crash
Measured this matter, since Mak Jiahua can predict it, why can't Chen Jie predict it? If Chen Jie takes advantage of the stock market crash to make another big gamble, then it will really not be a surprise that he has his current net worth. More people are more willing to believe in this result, so Chen Jie's head is Mo
There is also a wonderful addition to the title of 'godfather of finance'. Even many students of Jinyong Academy regard Chen Jie as their idol. Of course, Chen Jie didn't know much about this, because after he walked around Europe, he had already taken Zhao Yuzhi and others back to his small island, the construction of the island
It's basically almost finished, and Chen Jie has to prepare for his wedding next!