Chapter 577 Sold Off One After Another



The following day, Philip Barker directed his new team to invest three billion dollars in the Japanese stock market.

Without causing any ripples, the Japanese stock market still fell by one percentage point.

This deeply disappointed Philip Barker.

He never expected that the $30 billion he invested would have absolutely no effect.

This demonstrates just how enormous the capital scale of the Japanese stock market is.

"Brother Dong, we've already made 22 billion US dollars. Should we sell some?" Song Zihao called again.

In recent days, the Huo family and the three major families of Hong Kong Island saw signs of a rebound in the Japanese stock market and decided to take profits and withdraw from the Japanese stock market, leaving only Shen Dong still holding on.

"No. Ah Hao, stay calm. According to my analysis, the Japanese stock market will see a small rebound in about a week. This is probably a trap set by several large conglomerates to first take down the timid investors, and then kill those who dare to take the risk. The Japanese economy is in such a state that even a miracle can't save it. We just need to wait patiently."

"Brother Dong, I'm mainly a little scared. This is over 20 billion US dollars."

"Hahaha"

Shen Dong laughed loudly, "Just treat it as a numbers game."

Song Zihao smiled wryly and said, "I don't have your mindset."

It wasn't just Song Zihao who couldn't take it anymore; the mainland was also struggling.

Du Yuxin came to Shen Dong's office for the second time.

"President Du, are you sure you want to withdraw?" Shen Dong asked while pouring tea for Du Yuxin.

Du Yuxin said, "Mr. Shen, thanks to you, we have turned 3 billion US dollars into more than 4 billion US dollars, which has far exceeded our expectations. The relevant government departments held a meeting all day yesterday and decided to stop here."

Shen Dong asked, "Where is the old man?"

Du Yuxin said, "The old man still firmly believes in your vision and ability, but he can't reject the government's proposal again."

Shen Dong nodded and said, "Okay. I'll have someone handle the handover tomorrow."

Du Yuxin said happily, "Thank you, Mr. Shen."

The next day, as soon as the Japanese stock market opened, Shen Dong had Song Zihao transfer all the funds in the mainland account.

The original three billion US dollars turned into seven billion sixty million US dollars, which made Du Yuxin so happy that he almost jumped for joy.

Upon learning of this situation, the old man immediately called Shen Dong.

"Xiao Shen, when will you come to Yandu again for a visit?"

"I'm afraid this period will be tough. Although I'm in Hong Kong Island, I'm remotely controlling the Japanese stock market. I won't be able to go anywhere for the next two months."

"Heh, you must have made 20 billion US dollars by now, right? Still not enough?"

"Grandpa, it's only risen by a little over 30% so far. It's still a long way from my target of 40%. This incident in Japan is a once-in-a-lifetime money-making opportunity, and I don't want to let it slip by."

"The Japanese stock market has fallen to a level that has exceeded everyone's expectations. I've heard that quite a few conglomerates have already bought in to raise prices. Aren't you worried at all?"

"There's nothing to worry about. Japan's fate is sealed, and only the United States can save it. Expecting the United States to do everything in its power to save Japan's economy is like the sun rising in the west. Old man, if the government doesn't withdraw, I can still help you earn at least a billion dollars."

“Not everyone has your courage, vision, and perspective. Xiao Shen, no matter what, I want to thank you on behalf of the government. With these four billion US dollars, it's enough for us to do a lot of things.”

"Old man, if you really want to thank me, then save me some Da Hong Pao tea. That stuff is fucking delicious."

"Hahaha."

The old man laughed and said, "Alright. I'll give you all the Da Hong Pao tea I picked this year."

"No. Going it alone is a taboo. Cooperation and mutual benefit are the only way forward."

"Don't worry, no one will dare to say anything if I give it to you. If anyone talks nonsense, let him earn four billion US dollars for the government. No, as long as he can earn one billion US dollars, I will give him all of next year's Da Hong Pao tea as well."

"Looks like I need to step up my game and try to secure all the Da Hong Pao tea for next year."

"I look forward to that day."

As Shen Dong predicted, the Japanese stock market began its upward trend, rising by eight percent in just one week.

Countless short sellers were liquidated, and the long sellers, seeing a glimmer of hope, poured their life savings into the venture, fantasizing about making back all the money they had lost.

Li Zekai recounted the situation of the Japanese stock market during this period and said gloatingly, "Father, Shen Dong is in deep trouble this time. If he had left as quickly as we did, he wouldn't have suffered such heavy losses."

Li Ka-shing glared at Li Zekai and said, "Are you so sure that the Japanese stock market will keep rising?"

Li Zekai said, "Most financial experts believe that the Japanese stock market has bottomed out, and even the major financial groups on Wall Street in the United States think so. It is precisely because they are shorting the market that the stock price has risen."

Li Ka-shing said, "Since they sold their short positions, did they then turn around and buy long positions?"

Li Zekai was taken aback and said, "I'm not quite sure about that."

A glint flashed in Li Ka-shing's eyes as he said, "I suspect this is just a facade concocted by major Wall Street conglomerates."

Li Zekai's heart skipped a beat, and he said, "Dad, if your suspicion is correct, then can we go back in?"

After thinking for a moment, Li Ka-shing said, "Two billion US dollars, five times leverage, short selling. Sell immediately after the market drops by ten percent. We must prioritize stability and not take big risks like Chen Dong did."

Li Zekai said, "I'll take care of it right away."

It must be said that Li Ka-shing is indeed very capable.

After making the deduction, they entered the Japanese stock market for the second time without any hesitation.

As it turns out, Li Ka-shing's prediction was entirely correct.

The day after he entered the market, the Japanese stock market experienced its worst drop, falling by as much as 7 percent.

The bulls put up a fight for a while, but it was quickly over.

Li Zekai said with admiration, "Father, you're amazing. We earn more than Shen Dong by doing this."

Li Ka-shing sighed and said, "Don't try to glorify yourself. Shen Dong is about your age, yet he dared to take out over 10 billion US dollars to make a spectacular gamble on the Japanese stock market, and he remained steadfast in his judgment from beginning to end. Zekai, if it were you, even if you had that much money, would you dare to gamble?"

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