Carefree Tycoon

Supreme Sacred Ring, Carefree Tycoon!

In the 80s, a good-quality old Hainan Huanghuali round-backed armchair from the Qing Dynasty could be yours for just twenty yuan. Now, two million yuan o...

Chapter 499: Fall! Fall! Fall!

Moreover, as one of the four largest stock markets in the world, the Tokyo Stock Exchange can accommodate enough funds invested by Yang Jing.

Yang Jing invested as much as 5 billion US dollars in the Tokyo stock market!

After all, it's just Japan, so it would be a waste if we don't make money from them.

Originally in history, the decline of the Tokyo stock market in this stock market crash was not that severe, at least it was much lighter than the Hong Kong and New York stock markets. But this time it was different. With Yang Jing's participation and the huge amount of funds of up to 5 billion US dollars, the Tokyo stock market plummeted as soon as it opened.

The Nikkei index closed at 25 on the previous trading day, but as soon as it opened on this day, it jumped more than 700 points, opened at 14, and then fell all the way. In four hours, it fell below the 25 point mark, a drop of more than 25%.

Driven by the plunge in the Tokyo stock market, the Singapore stock market, which opened an hour later, did not escape the disaster. Yang Jing invested US$1 billion in the Singapore stock index. As a result, four hours later, the Singapore stock market plummeted 18.6% that day.

The Hong Kong stock market also did not escape the fate of a sharp drop. The Hang Seng Index plummeted by 14.8% on that day, 3.8% more than the original historical drop on that day.

Yang Jing knew very well that the tragedy of the Hong Kong stock market was far more than that. Because the Hong Kong stock market opened 11 and a half hours earlier than the New York stock market, the next day after the New York stock market opened and plunged on the evening of October 19, Hong Kong time, the then Chairman of the Hong Kong Stock Exchange, Li Fook-shiu, with the consent of the then Financial Secretary, announced that the Hong Kong stock market would be suspended for 4 days and reopen on October 26. This was the only major stock market in the world to be suspended. As a result, on October 26, the Hang Seng Index fell by more than 1,100 points, a drop of more than 33%.

The Hong Kong stock market also paid a heavy price for the suspension. While other major stock markets around the world were recovering, the Hong Kong stock market alone plummeted, and the plunge reached a terrifying 33%, the largest single-day drop among all major stock markets in the world during this stock market crash.

The three major stock markets in the Far East plummeted at the opening, which directly sounded the clarion call for the Black Monday stock market crash in 1987.

When major European stock markets opened, all major European stock markets plummeted due to the impact of the plunge in the three major Far East stock markets and the speech by US Treasury Secretary Baker.

As soon as the Milan Stock Exchange opened, it opened with a gap down of 2.3%, and then it continued to plummet throughout the whole day; then Europe's largest stock market, Germany's Frankfurt Stock Exchange, opened, and also opened with a gap down. The DAX index was like a war horse that had eaten ten kilograms of croton seeds and was so plummeted that it could not even stand.

Next came the Paris Stock Exchange, the London Stock Exchange...

The European stock market was Yang Jing's main battlefield for plundering profits in this stock market crash. Although no country in Europe could match the economic output of the United States, in the 1980s, the economic output of the European Community far exceeded that of the United States.

In the original time and space, many people made a fortune in the US stock market crash, especially some greedy American speculators who made a fortune in these stock market crashes. But at the same time, the retaliation of the US government afterwards was also extremely strong. Almost all of those guys who made a fortune were arrested. Not only did they face huge fines, but they also faced imprisonment ranging from several years to more than ten years.

That's right, the US government is so corrupt. The US government, which has always advocated economic freedom, is actually much more corrupt than most countries in the world. They are only allowed to make money from others, but if anyone dares to make money from the US national disaster during the stock market crash, they will definitely get you!

Yang Jing didn't want to be investigated or even arrested by the CIA and FBI, so he was extremely careful this time. The two billion dollars he invested in U.S. stocks was dispersed among hundreds of accounts in dozens of countries around the world, and there was not a single account in the United States!

It’s not wrong to be cautious. This is Yang Jing’s attitude towards the US stock market during this stock market crash.

But being cautious about the U.S. stock market does not mean that he will be so cautious about the major European stock markets. In the era before the advent of the Internet, hundreds of accounts scattered in dozens of countries around the world were almost impossible to trace, and the countries in the European Community were also deceitful and unable to work together.

You guys are so aggressive among yourselves, why should I let you go? Your robber ancestors invaded my country, now you should pay some interest for your ancestors.

Grab! No need to say, just grab! Even in just four hours, the Evil Dragon Fund invested a huge amount of money of up to 12 billion US dollars in the entire European stock market, and then used the leverage ratio of funds. In such a stock market crash, the speed of making profits is even faster than grabbing...

On that day alone, the Dragon Fund swept up huge profits of more than 50 billion US dollars in major European stock markets!