Chapter Seventy-Eight: Buying U.S. Stocks
Although Zhidong Shoe Factory, Qiumei Garment Factory, and Chen Weidong all invested, he did not meddle in the operation and management of these two factories, and those who could help would help, but he would never interfere.
As for how far they can go in the future, it depends on their ability.
The fourth sister Dongmei also set up a garment factory, but she focuses more on women's clothing, and is mainly based on summer clothes, focusing on the design of women's underwear.
Time flies in a blink of an eye, it is now March 2009, housing prices have finally begun to bottom out, the state has introduced a series of measures to promote the development of the real estate industry, no restrictions on purchase, no limit on loans, the first house down payment ratio is only 20 percent, the second home down payment ratio is only 30 percent.
Real estate agencies are busy, and the number of transactions has risen sharply.
Chen Weidong terminated the trading of U.S. oil futures and began to buy the U.S. stock market, especially the four major U.S. bank stocks.
On March 5, Chen Weidong began to officially enter the U.S. stock market to buy the bottom, and on the 6th and 9th, the stock price of Citibank fell below the $1 mark, and the stock prices of other banks and technology companies fell to the lowest point.
Like the fruit company, the Amazon, and the ancient song company, it is impossible to miss it, and now the stock price of the fruit company is less than 90 US dollars, and the market value is less than 80 billion US dollars. By the end of this year, it will exceed $200, and in September 2012, it will exceed $700 per share, with a market value of more than $630 billion, an increase of more than eight times in three and a half years.
By the time of Chen Weidong's rebirth, the market value of the fruit company was as high as $2.3 trillion, nearly 30 times that of the current one, and an annual increase of more than two times.
As early as November last year, Chen Weidong began to buy shares of Amazonas, when the stock price was less than $40 a share, and the market value was only more than $18 billion.
Now Amazon's share price has risen to more than $60, and it has risen by more than 50 percent in less than four months.
By the end of this year, the stock price of Yaqisun will rise by more than $145, reaching a maximum of more than $3,760 before Chen Weidong's rebirth, which is 94 times that of when he bought it, with a market value of more than $1200 billion.
Prior to this, Chen Weidong also bought a large number of Penguin shares in the Xiangjiang stock market, with an average price of 45 yuan per share, which will rise to more than 170 yuan per share by the end of the year, a fourfold increase in a year, which is absolutely not to be missed.
In addition, BYD has also bought a lot of shares in the Xiangjiang stock market, and this service will have a burst in October this year, with the highest stock price rising by more than 88 yuan per share, which is 11 times his purchase price.
The real rise is still Citibank in the US stocks, from falling below one dollar to $3.89 in less than 10 days, smashing down 500 million US dollars, and becoming more than 1.8 billion US dollars in less than 10 days, making money is really too simple.
Moreover, bank stocks have rebounded very quickly, basically rising three to five times in half a year, such a once-in-a-lifetime opportunity, of course, cannot be missed.
Unfortunately, the U.S. government has given a lot of support to the banks, and has continued to inject heavy money to promote nationalization.
Chen Weidong also just wanted to make a quick buck, and he didn't want to hold it for a long time, let alone become a director of a certain bank and control a certain bank, because this is unrealistic, and if he doesn't get it right, he will anger the US government, and the gains will outweigh the losses.
Chen Weidong has already bought 15 percent of Amazon's shares, becoming one of the most well-deserved major shareholders of the Amazon and a member of the company's board of directors, with a market value of more than $4 billion.
The fruit company is now worth more than $80 billion, and Chen Weidong can buy as much as he can, and it doesn't matter if he can become one of the directors of the fruit company, accounting for 5 percent of the shares, and it will cost more than $4 billion.
Gu Ge's stock price is now $300 a share, with a market value of $90 billion, reaching more than $1,200 a share in 2014, and by the time Chen Weidong was reborn, the market value was as high as $1.5 trillion, 17 times that of now.
And these have not yet calculated dividends, and the annual dividends of these companies will not be less.
However, what Chen Weidong values is not dividends, but the stocks of these companies have a lot of room for maneuver, and their stock prices do not rise all the time, but often rise and fall sharply, for example, the stock price of Guge Company rose to more than $620 a share at the end of this year, but it only took less than a month to fall to more than $420 a share, a sharp drop of more than 30 percent.
But immediately it rose back in a month and a half, but then it fell more than once, and then it rose even more.
As long as you grasp this opportunity, it is really not too easy to go in and out several times a year and earn several times the stock price.
If these U.S. stocks are bought at the bottom and then they don't move, waiting for dividends, waiting for how many times they have risen more than ten years later, of course, it is not impossible, and it can also make a lot of money, but it is not the best operation, and in this way, wouldn't the trader team have to be disbanded.
There are many ways for U.S. stocks to operate, you can buy up, you can buy down, as long as you operate in place, you can make money when you rise, and you can also make money when you fall.
There is also the US stock index, the Nasdaq closed at 1,591 points on February 6. By March 9 it had fallen to 1,265 points, a full drop of 326 points.
The standard margin for trading 1 lot on the NASDAQ is $5882, and you can trade 1 lot on O.O, with a margin of $58.82. The standard contract is 100, the fixed leverage is 200 times, the minimum quote is 0.25, and the fluctuation point value is $25.
If you buy a short lot of the Nasdaq, every point drop is $100, and 326 points is $32,600.
Buying 10,000 lots is $326 million, and the margin is $58.82 million.
Chen Weidong didn't dare to buy too much, only bought 200,000 lots, in order not to blow up, his account has sufficient funds, of course, there is no need to worry about liquidation.
Now, a month and three days have passed, and he has closed all his short positions and made a huge profit of more than $6.5 billion.
Now he has turned his head to long the US Nasdaq, because Chen Weidong knows very well that today is already the historical low of the US stock Nasdaq, and starting from March 10, the US stock Nasdaq will usher in a bottoming out, and tomorrow the US stock Nasdaq will rise by more than 7 percent, and it will rise by more than 12 percent for three consecutive days.
A month later, it rose to 1,770 points, and in a month it rose by 500 points.
200,000 lots up 500 points is 10 billion dollars, which is really the fastest and best way to make money.
There are a lot of people who play Nasdaq futures, but individuals generally buy a few lots is good, and the bigger ones are dozens of hands, hundreds of hands, and people like Chen Weidong who buy 200,000 hands are really rare in a few years.
Back then, that is, during the Asian financial crisis ten years ago, Soros disrupted the economy of Hong Kong and bought a large number of short Hong Kong stock indexes, which was the same thing.
However, the Xiangjiang stock index is only 50 yuan per hand, and it is still Xiangjiang Yuan, and the one that Chen Weidong played is trivial and not worth mentioning.
And Chen Weidong is taking advantage of the trend, and he did not deliberately short the U.S. stock market, which is much friendlier than Soros.
After a half-month pullback, the Nasdaq began to rise again, and then rose again, and by the end of the year, the Nasdaq rose to more than 2,300 points.