No. 183 is not afraid that they will go in the opposite direction

Wei Dongsheng did not directly answer Jing Minqiang's question, and said euphemistically: "Sister-in-law said that the Rose Fund has made a profit. ”

Jing Minqiang is not confident: "I just checked the relevant news and found that the mortgage default rate has increased, but the mortgage bonds composed of it remain high. In such a situation, it must be that various financial institutions have intervened to protect the mortgage market. Moreover, the U.S. mortgage market involves global capital, and even our country holds nearly $200 billion in mortgage bonds, and no one wants the mortgage market to plummet. ”

Wei Dongsheng: "If it's possible, I don't want it either. ”

Jing Minqiang understood Wei Dongsheng's insistence: "Do you insist that the U.S. mortgage market is declining? ”

Wei Dongsheng: "Yes. ”

Jing Minqiang: "The U.S. mortgage market is not a pure free market, it is controlled by investment banks such as Goldman Sachs, Morgan Stanley, Merrill Lynch, Lehman Brothers, and Bear Stearns. Normally, if mortgage defaults increase, the value of mortgage bonds will inevitably fall, but the reality is that mortgage bonds are strangely bucking the trend. It's just a fake system! We are fighting the traders in a false system, and there is little hope of victory. ”

Wei Dongsheng sighed: "There is an old saying that manpower is sometimes poor. For example, our country's stock market, do you think the relevant departments want to do a good job? The answer is yes, for the sake of career and interests, I definitely want to do it well, but what about the reality? From May 1992 to June 2005, how many times did the Shanghai Composite Index skyrocket and plummet? On July 21, 2005, the Shanghai Composite Index was 1020.63 points, on March 9, 2006, the Shanghai Composite Index was 1245.17 points, and on March 9, 2007, the Shanghai Composite Index was 2937.91 points. The stock market rejoiced that the bull market was coming, the old and the young, women and children were scrambling to enter the market, and there were gradually signs of stock speculation, who would want the stock market to crash? ”

"Nobody wants the stock market to crash."

"But the market foundation is there, and the flowers that blow out can't be bright for a long time. No matter how unwilling you are to crash, you can't stop the collapse of the stock market. Or this year, or next year, the stock market will definitely usher in the fate of soaring and plummeting again. ”

Wei Dongsheng's prediction in early 2007 that China's stock market would rise and fall again was a correct nonsense for Jing Minqiang. Jing Minqiang will not feel that Wei Dongsheng's words are alarmist, because the fragile Chinese stock market has frequently staged sharp rises and falls, and even Jing Minqiang feels that the Chinese stock market may have another black tragicomedy of sharp rises and falls at any time.

Jing Minqiang: "You are also bearish on the Chinese stock market? ”

Wei Dongsheng: "Bullish in the short term, bearish in the long term." ”

In his previous life, Wei Dongsheng took the mobile game express train and accumulated tens of millions of fortunes in less than three years after leaving the campus. Anyone with a little financial management concept knows that if you put money in the bank, the value of the money will continue to depreciate. Wei Dongsheng naturally developed a sense of anxiety about wealth preservation after being rich at that time, so he tentatively entered the stock market, but unexpectedly witnessed one scene after another in 2012 and 2013 of tragedies who wanted to buy the bottom but were trapped. Wei Dongsheng then took advantage of the small peak in May 2013 to decisively close his position and leave, and never dared to get involved in the Chinese stock market again.

Wei Dongsheng has only been a shareholder for less than a year.

Despite this, Wei Dongsheng is also famous for the Shanghai Composite Index's peak of 6124.04 on October 16, 2007, as he reviewed the history of China's stock market when he was preparing for stock trading. A qualified shareholder will definitely not forget the 6124.04 peak of the Shanghai Composite Index, and Wei Dongsheng is also deeply impressed.

There are many differences in the past and present lives, and the similarities are also disturbed by Wei Dongsheng's butterfly effect, and the peak of the Shanghai Composite Index in this world may no longer be the peak of 6124.04, but the overall trend of the Chinese stock market will not change.

Wei Dongsheng examines the financial market with the benefit of hindsight, and understands more and more that the sharp rise and fall of China's stock market and the subprime mortgage crisis in the United States are inevitable historical processes. Unless Wei Dongsheng is influential enough to dominate the world and force the United States and China to carry out financial reforms ahead of schedule, there is no way to prevent tragicomedy from unfolding. Since he had no power to prevent the tragedy, Wei Dongsheng simply used the subprime mortgage crisis as a weapon to delay investment banks such as Gong Qixing and Goldman Sachs.

Jing Minqiang heard Wei Dongsheng's indifference to the stock market trend: "You also want to short the Huaguo stock market?" ”

Wei Dongsheng immediately denied: "No." ”

Jing Minqiang was slightly surprised: "Bearish but not short?" ”

Wei Dongsheng nodded in acknowledgement, and then added an explanation: "The reputation of the bears is too bad, and the shareholders are eager to pick their skin and eat their flesh. Especially in our country, it is not uncommon for this kind of system to be scolded as a foreign reactionary force at that time. The stock market in China is small, and I can't get much money if I try my best to short, which will attract the people of the whole country to scold in unison. What is gained is fundamentally disproportionate to what is lost, so why go short? ”

Jing Minqiang sighed: "Qiuqiu said that the Rose Fund has a branch in China, and as early as July last year, it began to lay out the Chinese stock market. If you're not prepared to go short, how much is it because of 'short-term bullishness'? ”

Wei Dongsheng said with a smile: "The Chinese stock market is now boiling oil, the whole people are speculating in stocks, and the whole family is going into battle, so it makes sense for me to take advantage of the bull market to earn some pocket money." Going long on the Chinese stock market is not the focus of the Rose Fund, so it does not seek to maximize profits. When the Shanghai Composite Index rises to a certain extent, the Rose Fund will close its position in advance and leave. ”

Jing Minqiang: "Be careful of being trapped. ”

Wei Dongsheng: "Let's get trapped." Spring and Autumn, Zhu Wei, Zhiyu, and even Quantum Rose, the finances are very healthy, and there is no shortage of liquidity. ”

Jing Minqiang did not continue to ask Wei Dongsheng about the details of the Chinese stock market, and returned to the original topic of shorting the U.S. mortgage market: "So, do you think the U.S. mortgage market is inevitable?" Just as our national government is helpless against the stock market, the U.S. Treasury and investment banks such as Goldman Sachs, Morgan Stanley, Merrill Lynch, Lehman Brothers, and Bear Stearns will also be helpless against the downward trend of the mortgage market? ”

Wei Dongsheng replied to Jing Minqiang in a very affirmative tone: "Yes, there is nothing they can do. If they are aware of the fact that mortgage defaults are rising, and are willing to take a stop-loss attitude to solve the problem, the mortgage crisis may be controlled to some extent. However, power is greedy, and so is capital, so greedy that all elites are blind. The elite always thinks that everything is under control, the crisis is under control, the risk is under control, they believe that housing prices will not collapse, they believe that the increase in mortgage bond defaults is an occasional phenomenon, and they believe that they can quickly turn around when the crisis comes. Because of the greed for power, the powerful dynasty continues to fall; Because of the greed of capital, stock market crashes and crises continue to be staged. ”

Jing Minqiang: "The U.S. market is more mature than the Chinese market. ”

Wei Dongsheng was disdainful: "No matter how mature they are, they are also human." ”

Jing Minqiang nodded: "I understand." ”

Jing Minqiang did not understand or believe that the American mortgage would inevitably collapse, but understood the source of Wei Dongsheng's confidence.

The ruling class, including the late Ming Donglin Party and the Manchu royal family, did not want the dynasty to collapse, and worked very hard to save the building. However, the arrogance and contempt for the people at the bottom have led the ruling class to ignore the most fundamental problems and enact some stupid policies that go in the opposite direction. Wei Dongsheng despised the ruling class of investment banks such as Goldman Sachs and Morgan Stanley, such as those in the last years of the dynasty, and the more they tried to cover up the problem, the more serious the problem became, and eventually it turned into a raging fire.

Jing Minqiang understood Wei Dongsheng's determination, and he no longer persuaded him senselessly. Jing Minqiang ended the discussion of future trends and bluntly turned to the daily topic: "Is there a finished product for Sapientia_3G smart phone?" ”

Wei Dongsheng also has no intention of continuing the topic of short and long: "I wish the production line to start mass production and shipment, and Zhiyu Technology dares to release Sapientia_3G." ”

Jing Minqiang: "Qiuqiu just called to cancel the summer vacation trip to Norway, and Xiao Ran's mood was very low and disappointed. Can you give Xiao Ran a Sapientia_3G in advance to divert her attention? ”

Wei Dongsheng: "Little thing, I just have a few spare parts here, I'll ...... later." Are you in Yenching now? ”

Jing Minqiang: "Yes, here in Haidian." ”

Wei Dongsheng: "The house that is convenient for Xiao Ran to study? ”

Jing Minqiang replied in the affirmative: "Yes." ”

Wei Dongsheng: "Are you at home now?" ”

Jing Minqiang: "I'm at home with Xiao Ran." ”

Wei Dongsheng: "I happen to be free today, I'll go to your house and give Xiao Ran the phone." ”

Jing Minqiang: "It couldn't be better. ”

Wei Dongsheng immediately asked the driver to change the route and go to the temporary residence of Jing Minqiang and Lu Xiaoran.

In other words, Jing Minqiang and Gong Qiuqiu attach great importance to children's education, not in terms of educational resources and other aspects that everyone imagines, but on the time spent between parents and children. Both Jing Minqiang and Gong Qiuqiu need to spend a lot of energy busy with their careers, but despite this, they also do their best to find time to communicate with their children. In order to reduce distance deterrence, where Jing Minqiang and Gong Qiuqiu take root, Lu Xiaoran will also transfer the school.

In order to reduce trouble and cover up the association between Gong Qixing and Gong Qiuqiu to Lu Xiaoran, Lu Xiaoran enabled Jing Minqiang's original surname "Lu".

Changing the surname indiscriminately is also an old tradition of Gong Qiuqiu's family.

When Jing Minqiang first met Gong Qiuqiu, Gong Qiuqiu's surname was Fu but not Gong, and Jing Minqiang regarded Gong Qiuqiu as an ordinary international student for a long time. When Jing Minqiang and Gong Qiuqiu confirmed their relationship, Jing Minqiang was shocked to learn about Gong Qiuqiu's family history. Because Gong Qiuqiu used to be surnamed Fu for a period of time, Lu Xiaoran also had another nickname "Fu Xiaoran".

In fact, from kindergarten to primary school, from primary school to university, Fu Xiaoran has a bunch of similar names, "Fu Xiaoran", "Lu Xiaoran", "Gong Xiaoran", "Jing Xiaoran", "Fu Xiaoran", "Lu Xiaoran", "Jing Xiaoran", "Jing Ran", "Gong Ran", "Gong Ran" and so on.

Lu Xiaoran and Fu Xiaoran are just her common names in the future.