Chapter 468 Crazy Lu Jiaxin



On Sunday, Lu Jiaxin called Mo Libin and asked him to sell all the stocks under his name within a week and close his positions when the Nikkei index expired.

The stock of America also went crazy. The most valuable stock that Lu Jiaxin bought increased by more than five times, and the least valuable stock increased by more than double. Such a rising trend made Mo Libin feel uneasy, but Lu Jiaxin said that it was not the right time, so he waited patiently. Now that he received the call, he was completely relaxed.

When Nie Zhan came over in the evening, Lu Jiaxin told him about this matter and also told him about her plan: "I think the stock market has almost reached its peak. A Zhan, I want to short the Dow Jones Index."

Nie Zhan was horrified: "What are you talking about?"

"Hong Kong's stock market is overheated now, but America's is even worse than Hong Kong's. I have called Mo Libin and asked him to sell all his stocks within a week; the Nikkei index expires at the end of the month, so all positions will be closed."

Nie Zhan couldn't help but press his temples. This wasn't even called investing, it was just gambling: "Jia Xin, take out half of your funds to short sell, and put the rest in the account first."

He also felt that the stock market had almost reached its peak. But no one knew when the snowflake would fall. What if it was two or three months later? Then the position would be liquidated and all the money would be lost. Even though he was a rich man now, more than 2 billion yuan, his heart trembled at the thought.

Lu Jiaxin pretended to be casual and said, "All this money was earned from stock market futures. If you lose the bet, just think of it as a dream!"

Nie Zhan suddenly felt that Jia Xin was like a gambler, a financial gambler.

Seeing that Nie Zhan wanted to say more, Lu Jiaxin waved her hand and said, "I have already made up my mind. You don't need to waste your time trying to persuade me. Nie Zhan, I want to find someone to review the overseas accounts to ensure the safety of the funds. Do you have any reliable candidates?"

Although Mo Libin is Nie Zhan's classmate, there can be no mistakes at this critical moment when hundreds of millions of green coins are involved, otherwise there will be heavy losses.

Nie Zhan knew that persuasion was useless, so he could only cooperate: "You transfer the overseas funds to my account, and I will help you with the operation."

Lu Jiaxin thought that it was good to disperse the short buying, but the audit was still necessary. She said, "The funds have been recovered, and I will transfer the money to your account."

Whether it was stocks or futures contracts, she only knew the approximate amount of money she made, and the specific amount would be known after the sale. She couldn't transfer all of it to Nie Zhan, at most half of it, and she had to operate according to her own requirements.

Lu Jiaxin said, "For the Dow Jones Index, you should choose a 10x leverage. If you start buying from the beginning of October, can you fill your position within two weeks?"

Start building a position on October 1st, and it should be possible in more than two weeks.

“How much is the approximate amount?”

"About 400 million."

Nie Zhan nodded and said, "It's fine within two weeks. It's just a 10x leverage, and if the increase exceeds 8%, the position will be liquidated. The risk is very high, you should think about it again."

Lu Jiaxin waved her hand to indicate that she would not consider it: "Anyway, all this money is earned from the stock market, foreign exchange, and futures. If I lose money, I will just run the clothing company honestly."

After a pause, she said, "If I make money, I will have enough money to buy big-brand clothing factories and skin care companies and build my own business empire."

She has thought about it seriously during this period. Real estate is very profitable but it is not her strong point. Her strengths are still in clothing, jewelry, skin care products, perfume and other industries. So after the stock market crash, she will not acquire real estate companies, but she can increase the proportion of shares in Yuansheng Real Estate and Wansheng Real Estate if there is a chance, and then hold more shares of real estate companies such as Cheung Kong and Sun Hung Kai.

There are two most profitable industries in Hong Kong, one is real estate and the other is finance. Real estate has been abandoned, but the economic shock after 2000 is basically known, which is her biggest advantage.

The next day, Lu Jiaxin called Nie Jingwen and said that she wanted to mortgage the antique calligraphy and paintings stored in their bank again.

Nie Jingwen was a little surprised. He had never heard of any big projects she had recently. But he would not refuse the business that came to his door. He said, "Okay, how much do you want to mortgage?"

"I naturally hope the more the better."

Nie Jingwen laughed and said, "One thousand five hundred green coins, this is the highest price. Any higher will not do. I also have to explain to the board of directors and shareholders."

He had seen all the antique paintings and calligraphy deposited in the bank, all of which were rare treasures, especially the porcelains, one of which was even smaller than this one, and was sold for 6.6 million last month.

Lu Jiaxin thanked him with a smile, but also made a request, which was that she hoped he would not tell Nie Zhan about this matter.

Although Nie Jingwen was surprised, he still agreed. These antique paintings and calligraphy are worth 15 million green coins. Even if she makes an investment without Nie Zhan's knowledge and loses money, the things in the bank will not lose money. In business, making money is more important, and other things can be put aside.

The next day, Lu Jiaxin went to Wansheng Bank to complete the mortgage procedures. However, just mortgaging the antiques was not enough, so Lu Jiaxin went to the HSBC boss again a week later and told him that she wanted to borrow 500 million yuan for three months.

Lu Jiaxin used Xinxin Real Estate and Green Forest as collateral. Real estate was booming, and Xinxin Real Estate was full of high-quality assets with a net worth of more than 500 million yuan. Adding the thriving Green Forest, the HSBC boss readily agreed.

Xinxin Real Estate and Green Forest were mortgaged, and the jewelry was also mortgaged. The most valuable things Lu Jiaxin had on hand were Chery Garment Factory and 17% of Wansheng Real Estate. As for Wansheng Bank's shares, she was not going to touch them.

After thinking about it for a while, Lu Jiaxin told Nie Zhan her idea: "I want to borrow 500 million from Wansheng Bank and use the shares of Wansheng Real Estate as collateral."

Wansheng Real Estate was Nie Zhan's property, and any mistake in the 17% stake would cause a huge shock to the company, so he had to tell him. As for her own property, how she built it was her own business, and there was no need to tell him.

Nie Zhan understood immediately and said, "You want to short the Hang Seng Index?"

The American stock market is going to plummet, and Hong Kong, which relies on foreign trade, cannot escape it. According to Lu Jiaxin's judgment, if the US stock market plummets, the Hong Kong stock market will plummet as well.

"yes."

Nie Zhan looked at her and asked, "Have you mortgaged Xinxin Real Estate and Green Forest?"

Seeing that he looked calm, Lu Jiaxin thought for a moment and nodded, "Yes, including the antique calligraphy and paintings."

Nie Zhan let out a sigh of relief. This was a complete gamble of his entire fortune. It was no exaggeration to say that this was crazy. He did not blame Lu Jiaxin, but instead made a request: "Jiaxin, Chery cannot be mortgaged anymore."

"good."

(End of this chapter)


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