Chapter 849: Rising? Or falling?
“It has increased.”
"Oh no."
After hearing the news from Jin Sucheng, everyone in the box raised their glasses to celebrate.
The face of their Gangcheng was restored. In addition, their Fengyun Club had severely suppressed the Gangcheng Elite Club.
After all, Yuan Sishen, who regained his face, is a member of their Fengyun Club, and Yun Yuting, who lost face for the Hong Kong City elites last time, is an important member of the Hong Kong City Elite Club.
After this back and forth, from now on, members of the Gangcheng Elite Club would subconsciously bow their heads and keep a distance when they saw people from their Fengyun Club.
"Brother Yuan, awesome!"
"Brother Yuan, that mainlander has to give you 5 million."
"Brother Yuan, next time there is such an opportunity, take me with you."
"Brother Yuan, I'll toast you a glass."
Yuan Sishen, who became a hero in Hong Kong, soon received congratulations from many of his friends present, and the club’s TT group was filled with congratulations.
"Don't spread it out until the final result is reached."
It was the founder Li Youcang who sent a message in the group, which made all the excited club members suppress the urge to spread the news.
Even though some people were itching to do something and had many confusions, they did not dare to disobey the boss's words.
This is Boss Li who founded the Fengyun Club single-handedly. His legend of creating a market value of 100 billion in three months has always been an insurmountable mountain for all young elites in Hong Kong, and no one dares to challenge his prestige.
"Brother Li is so steady in his work. I really want to see your demeanor in those days."
Jing Wuyou, who did not have such complicated emotional experiences, was also happy to see that guy get humiliated, and smiled as he toasted the big guy next to him.
Unfortunately, Zhou Anan only lost 5 million, which was just a drop in the bucket compared to that huge wealth.
However, the other party can do something about women.
"Wuyou is overpraising me. I just happened to be there at the right time. It's not as exaggerated as the rumors say."
Being touched upon by this mainland nobleman about the proudest thing in his life, Li Youcang couldn't help but drink a glass of wine heartily.
"Mr. Zhou, come, I'll toast you a glass."
In the KTV box on the third floor of a five-star hotel, Liu Ci, who had drunk a lot of red wine before, took the initiative to pick up a low-alcohol cocktail and toasted his new boss.
Because of the status of Liu Ci and the other person, the box seemed a bit monotonous except for the table filled with wine and fruits, with no other waiters present.
"What does this mean?"
Looking at the Hong Kong actress who drank half a bottle of Lafite at the dinner but still had clear eyes, Zhou Anan, who felt a little inferior to her in terms of alcohol tolerance, did not respond immediately and started playing word games.
It would be really embarrassing if I got knocked down by two female stars tonight.
A man can be decadent and sad, but he must never lose to a woman other than his wife.
He has no wife now, so he can't lose.
"What do you want to say?"
Hearing the other party's question, Liu Ci's voice was filled with touching tenderness, and her clear eyes instantly became a little blurred, making her already charming face even more captivating.
".Let's roll the dice."
Feeling that the shadow of "defeat" was about to loom over him, Zhou Anan quickly calmed his mind and diverted his confused attention.
The Hong Kong actress who became famous in the 1990s, her acting skills and abilities are really strong, and she needs to be vigilant at all times.
"Xiao Feng is coming too."
"good."
“.”
With the cooperation of the two Hong Kong female stars, the atmosphere in the room gradually became lively.
At this moment, Zhou An'an completely forgot about the bet with the rich second generation, and did not pay attention to the fact that the U.S. stock market had already opened.
For him, the ending wasn't too suspenseful.
If you lose, you get 5 million;
If I win, it’s only 5 million.
"Just got the news that no bank is willing to inject capital into the two housing agencies to save the market, and the Nasdaq index has fallen by more than 100 points."
At 20:25 Hong Kong time, after less than an hour of joy, the atmosphere in the private room of Fengyun Club became dull due to the new news from Jin Sucheng.
This good news came quickly and went away too quickly.
No one would have thought that even with the U.S. Treasury Department stepping in, no bank would be willing to help the two housing agencies out of their predicament, and no one expected that this meeting would end so quickly.
In less than two hours, the lifeline for the two families to escape from the predicament completely disappeared.
It was obvious that before this fifth joint meeting of senior bank executives, all banks had already made their decisions, and the only one struggling was the U.S. Treasury.
"Is the U.S. Treasury Department just there to do nothing? If the two housing agencies fail, the entire U.S. economy will regress by at least ten years."
Yuan Sishen, who was on the verge of victory, felt like he was hit by a bolt from the blue when he heard the news.
Even though he had little knowledge of economics, he knew that the two housing agencies were related to the overall financial situation of the United States and must not fall.
This is also the consensus and confidence of countless Wall Street players. Otherwise, when the subprime mortgage crisis broke out last year, the U.S. stock market would have fallen long ago, instead of being in a daze, with ups and downs, trapping countless speculators who wanted to short sell.
"For the major banks, the U.S. Treasury Department is just a useless thing. If the two housing agencies collapsed, only the U.S. Treasury Department would be anxious, not the banks themselves. Now the major European and American banks are defaulting on more and more debts, and they are unable to take care of themselves. If the major banks act together, the two housing agencies can still be saved. Just one or two banks will not be able to help at all. No one will risk getting stuck in the mud to help the two housing agencies."
At this time, Jin Sucheng, a big speculator who did not want to admit this possibility, explained the reasons behind it to some members present who did not understand US stocks.
The result of this meeting might cause him to lose hundreds of millions of dollars, causing his originally calm voice to become a little low.
America has always boasted of its freedom, and even a powerful department like the Treasury cannot force the major banks to rescue the two housing agencies.
A fuse that had been secretly lit long ago, the remaining fuse slowly approached the bottom of the "explosive".
Only those large groups that are deeply stuck in the mud, dragged along by retail investors who are unable to retreat, are desperately holding on to the last front line without any backup.
The end of the subprime mortgage crisis is at hand.
It's not too late for him to wake up now.
"Do you need help?"
Li Youcang, the founder and most powerful boss of the club, did not dwell too much on the loss of the bet. He asked Jin Sucheng, who was known as the "God of Speculation" among his friends.
"Not for the time being, at worst I can just sell my stocks and leave as soon as possible."
Shaking his head, Jin Sucheng, who had suffered heavy losses, believed that he had not yet reached the point where he needed to ask for help from others.
Since he is the 'God of Trading' of Fengyun Club, how could he put all his treasures in one basket like those ordinary players who don't know the business? It's just that the basket that was filled to a certain extent now has a big hole.
The TT group, which had been quite lively before, suddenly became quiet, so quiet that it was a little scary.
Happiness is like a tornado, it passes by in a flash.
"That guy, is he really that lucky?"
Unlike others who were pessimistic, Jing Wuyou, who had just joined the Fengyun Club and was not one of the elites in Hong Kong City, was just sighing in his heart about the guy's good luck.
He would never admit that the guy from a peasant family had such a strong vision.
"Sister Rong, do you want to add more?"
"No, delivery will be made tomorrow."
".good."
Instead of taking advantage of this so-called 'good opportunity' to increase her bet, Lu Xiangrong looked at the night view outside the window, admiring the brightly lit city below with great interest.
She wanted to see if everything was really as the big boss expected.
All major banks are standing by and watching, the two housing agencies are in danger, will the US stock market continue to hold out for a while?
Will the U.S. Treasury really go all out and save the market on its own?
The U.S. Treasury Department took action, and the share prices of the two housing agencies fell into the abyss?
She is looking forward to it.
(End of this chapter)
Continue read on readnovelmtl.com
