When Su Yehao and Zheng Yongwen were having breakfast.
Due to the time difference, the Tokyo Stock Exchange opened first... Countless stock investors rushed to stampede and leave the market at the risk of cutting their flesh, and the Nikkei Index plummeted.
After listening to Feng Tiancai, who stayed behind in the company, he briefly reported the situation in Tokyo on his mobile phone. Su Yehao ate hot wonton noodles, drank some noodle soup to moisten his mouth, shook his head and told:
"No, I think I should say something to prevent the situation that has finally stabilized from deteriorating again. At least try to avoid a panic drop."
Zheng Yongwen smiled happily and said the truth:
"With today's situation, even if you say nothing, I advise you to wait and see for a few days. After the storm has passed, it will not be too late to take action to support the market."
"Brother Yong, how many days do you think it will take for the market to return to stability?"
"Wait and see, analyze, quarrel, compromise... By the time the entire process is completed and the results are reached through consultations with the United States, it will probably be November. Now that the problem has arisen and it happens to be a critical moment for the fight between the donkey and the elephant, the two sides are currently
Everyone has their own agenda and will not let this crisis end easily."
After listening to Zheng Yongwen's words, Su Yehao replied: "I think so too. Since we have chosen a hard landing, how can we be indecisive and procrastinate?"
"Yes, when disruptions continue, they will be disrupted. Think about it this way, the mainland stock market has fallen from the end of last year to now. When the impact of the subprime mortgage crisis passes, the probability of rebound seems to be very high."
"Well, it has basically hit the bottom before, and a good time to buy the bottom is coming."
The so-called risks are often accompanied by opportunities.
Every financial crisis is an excellent opportunity for big fish to eat small fish. In the past two or three years, although Su Yehao's business has expanded in size, it has not changed much.
Considering that his grasp of the situation is getting weaker and weaker, Su Yehao plans to arrange some stable traditional businesses instead of blindly pursuing ultra-high profits. The financial industry that is about to suffer a disaster has just entered his eyes.
The acquisition targets are expected to be mainly concentrated in the banking industry, investment banking, and asset management fields. Some core assets that were once strictly guarded have now become hot potatoes, with opportunities to pick up bargains at low prices.
It's interesting to say.
In Hong Kong City from 1997 to 1998, transnational hot money was also so ambitious, with its eyes fixed on the fragrant steamed buns in the bowl.
Over the past ten years, the tide has turned, and U.S. stocks have also been besieged by short sellers.
Su Yehao, who just celebrated his thirtieth birthday, is no longer the passer-by who could only pick up scraps.
Have another sip of noodle soup.
Su Yehao went on to say:
"I want to clean myself up. It's best to appear as a victim. When the time comes, I'll have someone write some articles in advance about how miserable I am and how much money I've lost. In order to avoid being regarded as the big boss behind the scenes, I have to write some articles in advance.
On News Microblog, an article was published proposing that the Federal Reserve and the government use one trillion U.S. dollars to help cover the bottom line of subprime loan products."
Zheng Yongwen rolled his eyes at him and said speechlessly:
"They say you are young and vigorous, but you are like an old fox, always like to hide in the dark and make money quietly. It is best to wait for this matter, lest your suggestions are really listened to, and then there will be less
Earn three to four billion U.S. dollars, but if the bottom line is really taken, the value of those junk subprime mortgage products will probably rise sharply."
Su Yehao had never thought about this, nor was he in the habit of picking up trash. He told me, "I would have suffered heavy losses in the short term. Thank you for helping me earn so much money, but I will definitely be unable to make ends meet."
"How does the rise and fall of your book wealth affect you? Holding so much cash to buy at the bottom will soon make back your capital with profits. It's nothing more than a financial game."
…
After listening to Zheng Yongwen's advice, Su Yehao remained silent for the time being.
He only asked executives from 5S Asset Management Group and 5S International Financial Investment Bank to post a short essay online.
The general content is that it has fallen so much before, and this time there is a problem in the United States, which will have limited impact on the mainland financial market. It is expected that there will be opportunities to allocate assets at low prices in the short term.
The family office was busy because Su Yehao privately said hello that he was going to increase his holdings of A-share assets by RMB 15 billion every trading day until the cash reserves of RMB 300 billion were exhausted.
This is equivalent to releasing water for 20 consecutive trading days, which is certainly a major benefit to the stock market. However, I don’t know how many bank executives will cry out in the middle of the night when no one is around. The total deposits will be severely reduced, and even affect the performance of these banks.
working normally.
It's a bit involved, so you need to inform the central bank, China Securities Regulatory Commission and other institutions in advance.
Su Yehao is not stupid and has no interest in helping others to take orders. The reason why he chose to enter the market at this time is that only when he is overwhelmed by huge bad news, his move will not raise the stock price and he can buy in at a more reasonable price.
Enough chips.
In normal times, let alone RMB 300 billion flowing in in a short period of time, even just RMB 30 billion would have caused the stock prices of his optimistic investment targets to reach several daily limits, making it impossible to continue to attract funds at low prices.
When the A-share market opened, the stock prices of most listed companies fell directly to the limit.
The screen of the mobile phone is green and very eye-friendly.
As expected, Su Yehao could only sigh. His own companies, without exception, had not yet fallen to the bottom.
However, Moutai's stock price fell by 8%, and Dibao.com, which is listed on the Hong Kong stock market, fell by as much as 11%. Coupled with the plunge in the valuation of other unlisted companies, his total wealth instantly evaporated by at least 30 billion US dollars.
This is also expected. As long as you don't sell, you won't lose money. You can always go up again if you wait patiently.
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Many investors who were stuck last year finally gained some confidence that the market will recover.
The stock market crash today taught them another expensive lesson. Frustrated, many people chose to cut their flesh and leave the market, and even more people looked at the limit and did not even have a chance to run.
At 5S Asset Management, there is another wave of redemptions. There is already a lot of cash on the books, so there is no pressure to deal with it. Some funds hoping to buy the bottom can't wait to enter the market.
The Shanghai Composite Index fell below 2,300 points today, and Su Yehao has not yet started to support the market. It is a good time to enter the market now. As long as you hold the fund for a long enough time, the possibility of making a profit is quite high.
Asia-Pacific stock markets were wiped out, and European and American markets were frightened.
There were many unlucky people who made wrong decisions one after another. Su Yehao browsed the Internet for a long time and finally published a short article. He only stated that he was firmly optimistic about the mainland market and proposed to rescue the market as soon as possible to avoid being affected by the external market.
Wait until that afternoon.
Some companies have as many as one million lots of orders, and the amount of orders that makes investors desperate is actually eaten up by a huge amount of funds.
In particular, Meidi, Moutai, Yanghe Winery, etc., which are known as the "Prince Family", have recovered at an astonishing speed.
Maotai shares, which closed down 7.7% in the morning, narrowed their losses to 3.2% shortly after opening in the afternoon.
Yanghe Winery, which closed down 9% in the morning, fell only 4.1%.
There were a total of more than 30 constituent stocks, and the lower limit and closed orders were swallowed up in one go. With the news that Su Yehao had made a move, the Shanghai Composite Index quickly rebounded by 2%...