Since April, there has been unconfirmed news circulating in Hong Kong's financial circles that someone has made 500 million Hong Kong dollars in the Japanese market some time ago.

According to some people who first revealed the news, this person is a rich man who has risen like a comet in recent years, more than half a hundred years old, and his family suffered a big change last year, and later he was also involved in Macau's casinos.

All indications indicate that the protagonist of this rumor is Liao Chengde.

And the protagonist in the whirlpool of things has no idea about this, and is annoyed that he missed the opportunity to make money again, he has replaced Zhongshi in the past few months, and has been studying the market silently every day, trying to find out the pattern from the changes in the Japanese stock market, but where can there be a pattern in this kind of thing!

In addition, Liao Chengde is getting older, and his energy and enterprising spirit are not as good as before, and the reason why he is still working so hard is because of the huge amount of money owed by Liao Xiaohua.

In November, he also plans to withdraw the funds invested in the Japanese market and follow Zhong Shi to operate. However, under the persuasion of the agent, I looked at the imposing wavy line again, and finally did not withdraw from the Japanese market.

After all, his money has more than tripled, and the funds invested in the Hong Kong market during the same period are far from such high returns.

After Liao Xiaohua's incident, most of his net worth was swept away, and now only the scenery in front of people remains. In fact, if it weren't for Zhong Shi's help, he would have gone bankrupt by now.

"Sir, the broker of the brokerage house called!"

Steward Lin held the microphone with one hand and whispered to Liao Chengde, who was lying on the sofa and pretending to sleep. He obviously felt that Liao Chengde was always sighing during this time, and even the gray hair on his head was obviously a lot more.

"Oh?" Liao Chengde subconsciously responded, and then he was a little sober. "Isn't it Andrew?"

"No, it's Mr. Lin!"

As soon as he heard the name Mr. Lin, Liao Chengde suddenly became angry in his heart, and evil was born to the side of his heart. He quickly got up from the sofa, grabbed the microphone, and said viciously: "The surname is Lin, do you still have the face to call?" ”

There was silence on the phone for a while, and only after a while did a timid voice appear: "Liao Sheng, listen to my explanation......"

Lam Ka-fai is a broker at Hong Kong's local investment bank Bailaoqin, and his first job after graduating from HKU was in private wealth management in the investment banking department, which specializes in managing assets for billionaires.

Only this time, he made a big mistake in judging the trend of the Japanese market.

In the fall in January, Lin Jiahui sold off the customer stocks in time and successfully avoided the first decline, but by the time of the stalice stage in February, he thought that the opportunity to buy the bottom had arrived, and he did not hesitate to invest most of his money in the stock market again, and the results were self-evident.

After this toss, the wealth of his clients has shrunk greatly, and some of them are even less than fifty percent of the previous ones.

For Liao Chengde's funds, what is even worse is that the yen has stopped rising in recent years, and after several iterations, it is now stable at 15 to 1 US dollar, which is a lot more depreciated than when Liao Chengde's money entered the market.

After coming and going, the wealth that Liao Chengde could get shrank again.

"The Japanese market has stabilized at present, and it is very likely to rise again in the next few months, after all, the foundation of the real economy is there, and I believe that it will not be long before the Japanese stock market will continue to rush to 30,000 points......"

Lin Jiahui was still chattering, like Xianglin's sister-in-law. He knew how important these tycoons were to his career, so he went out of his way to sell his theories on the phone.

In fact, his view is not wrong, and it is also in line with the trend of the Japanese stock market later, and there are still many commendable points in the analysis of the Shijie economy by Hong Kong's local consortium.

However, Liao Chengde was already determined to replace him, and after seeing Zhong Shi's ability to absorb money, he had already lost confidence in these so-called elite financial experts.

"Hey...... Feed...... Liao Sheng, are you still listening? ”

Lin Jiahui, who had been talking for a long time, finally noticed that something was wrong on the other end of the phone, and asked tentatively.

"Go through the formalities for me as soon as possible, and I'm going to transfer all the funds out."

Liao Chengde here disturbed him like this, and suddenly woke up from his state of distraction, and said unceremoniously into the microphone.

“……”

Lin Jiahui didn't expect that he would spit for a long time, and it turned out to be this result. He couldn't help but be a little frustrated, and wanted to do something Zuihou's efforts. "But, Liao Sheng ......"

"Nothing, just do it!"

Seeing that the matter was irreparable, Lin Jiahui had nothing to do. For the sudden situation in the Japanese market, he thinks that he has done a very good job, and compared with some peers, his ability to stop falling is very outstanding. But investors don't care about that, they only see tangible profits.

"Liao Sheng, for the sake of me helping you take care of your funds for so long, can you take the liberty of asking about something?"

"What rumors? About me? ”

Liao Chengde also noticed that his tone was a little heavy, so he couldn't help but slow down his tone and asked with a little apology.

"It is rumored in the market that you made 500 million Hong Kong dollars in the Japanese market, I don't know how you did it?"

At this time, Lin Jiahui did not realize that this was a rumor, after all, the person concerned did not stand up to deny it. He didn't think of it through stock index futures, but also because he had been dealing with the stock market for a long time, so he didn't think of this aspect for a while.

In fact, what he thinks most about is that Liao Chengde is shorting through securities lending, and then buying it back when the stock price falls.

Here we have to talk about margin financing and securities lending, financing, as the name suggests, is borrowing money, and securities lending is borrowing stocks (securities). When an investor is bullish on a certain stock, he can borrow a sum of money through a brokerage company, buy the stock, and then sell it when the stock price rises, and the profit after repaying the loan will be much more than using his own funds.

The same is true for securities lending, when you are bearish on a stock, you borrow the stock from the brokerage company, then sell it at a high price, and then buy it at a low price and return it to the brokerage company.

This is essentially a kind of financial leverage, but the leverage ratio is mostly only 2, which is much less risky than derivatives such as futures and options.

For example, if a person who is financing has 500 yuan of his own funds, then he may borrow up to 500 yuan through a brokerage company and then buy 1,000 yuan worth of stocks, if these stocks fall to 500 yuan or a little higher than this number, the brokerage company may have to forcibly sell the stocks, otherwise they will take the risk.

The same is true for securities lending.

Of course, the brokerage firm must be a market maker.

The reason why Lin Jiahui asked this question was to find out those stocks that Liao Chengde shorted during the Japanese stock market crash, and if necessary, he could do some risk hedging.

"What? Billion? Who do you listen to! ”

Liao Chengde's nerves were touched all of a sudden, and the number he was most reluctant to mention was 500 million, which made his voice even tremble.

Hearing that Liao Chengde's voice had changed, Lin Jiahui was overjoyed, thinking that the matter was almost true. "It's all spread in the market, and I don't know who said it first......"

Liao Chengde, who has lived in Chinese culture since he was a child, deeply understands a truth, which almost made him pay the price of his life, that is, people are afraid of being famous, pigs are afraid of being strong. Although Hong Kong claims to be a society governed by the rule of law, the more such a place is, the more terrifying it is, because it is necessary to follow procedures and pay attention to evidence, so that many triads have room to survive.

If it were in China, no matter how big the underworld Shili was, it might be wiped out overnight because of a word from the high-level.

There was once a story about a gang that had been entrenched in the north for many years, and the shili was so big that it could be described as monstrous, and its criminal organization covered several provinces, and even some officials at the level of department and deputy ministry could be related to them.

It was such an organization, because the leader recklessly rammed the leader's convoy on the highway, and the words of the entourage aroused the vigilance of the leader, and as a result, soon after, the police force came directly from Yanjing and wiped out the gang silently.

In contrast, some of Hong Kong's thieves even robbed at gunpoint, and they could not be punished because they could not be identified by witnesses, and although the whole society knew that he had done it, the police just had no choice but to act in a weak manner.

Liao Chengde, who knew the importance of the matter, hurriedly refuted the rumors: "How is it possible? My money is all in your place, how can there be other funds! ”

"But ......"

Bang!

Liao Chengde hung up the phone.

But his heart was not calm, and he was even very uneasy. This is not a trivial matter, and on a larger scale, it is very likely to cause the outlaws to covet it again.

But he wants to clarify to the outside world that how many people can believe it will be greatly discounted.

After thinking about it, he didn't come up with a haode solution, so he had to ask Zhongshi for help in the mainland.

Unconsciously, Zhong Shi has become a kind of reliance on him, maybe Liao Chengde himself didn't find out, but that's the case. It was only at this time that he understood the painstaking work that Zhong Shi had arranged before.

First of all, most of Zhong Shi's actions are hung in the name of Zhongyi, and he himself is hidden in the back, and once the slightest sign of malaise is revealed, it will be nipped in the bud immediately.

Just like the last candid shooting incident, Zhong Shi contacted the people of the club at the first time and destroyed all the gossip magazines that might be circulated, and then, Zhong Shi acquired that magazine through a certain way. In this way, it is enough to ensure that the news will not leak out at all.

"You still need to tie the bell to unlock the bell!"

When Zhong Shi heard the news, he said lightly, not taking it as a big deal.

Zhong Shi also thought about this matter, he knew that his assets would soon be exposed, and it was better to disclose them first than to let the media take the initiative to expose them.

In this regard, he already has a full jihua.

"That's right!" Liao Chengde on the other end of the phone thought for a long time before he understood. (Special thanks to the book friend Xinqing_28, Vicissitudes of Han's reward!) ）

(A few digressions: It takes a process for a country to move from the rule of man to the rule of law, and Hong Kong is a small country with a high average level of education, so it is easy to enter a state of clean and rule of law.) On the other hand, Taiwan's population base is several times that of Hong Kong, the area is much larger, and the scope of traditional culture is also strong. As for the mainland, it may take a long time to enter a society governed by the rule of law. ）