All Heavens Film and Television started from Joyful Qiao Weidong since childhood

Chapter 1871 Return to Hong Kong and Invest in Hong Kong Stocks
"Mr. Wu, there's something I don't know whether I should ask you!" Yang Jingmao, who was sitting in the front passenger seat, turned around and smiled cautiously.

"Old Yang, just say what you want to say. We don't care about this." Wu Mingfan leaned lazily on the car seat.

You know what, sometimes it's comfortable if the money is spent well. Luxury cars of this era have leather seats, which feel like a sofa when you lean on them.

"Boss Wu, who is that uncle?"

Yang Jingmao has been holding this sentence in his heart for almost half a month!
I even mobilized my connections, but I don't know if it's because it happened too long ago, but some things are still not clear to me.

Wu Mingfan at the back laughed when he heard this.

I was in a good mood, so I just introduced him to my uncle's background.

"Fifty or sixty years ago, when he was 16 years old, he was already engaged in..."

After returning to Hong Kong, Wu Mingfan focused his main energy on the stock market, intending to stop after making a fortune. As for stock trading, it was enough to just stop there. For an outsider, the title of "stock god" was not a good thing.

In the future, I will gradually transfer my career back to the mainland. We are about to enter the 90s. Although Hong Kong is still prosperous, it is inevitably going downhill with the reform and opening up of the mainland.

"Boss Wu, you're finally back!"

Stockbroker Liu Weichi, with his untidy beard, messy hair and red eyes, almost cried when he saw Wu Mingfan coming in.

I haven't had a good night's sleep in the past half month. There is so much money in the account, but I can't operate it, which makes me itchy.

Since last year, the Hong Kong stock market has shown a "thriving" scene. At the beginning of the year, the Hang Seng Index was only over 800 points. Now in mid-September, only a year and a half has passed. At this time, the Hang Seng Index has climbed to 3900 points, and it is just around the corner to break through the 4000-point mark.

All the stock investors in Hong Kong went crazy. Even the gangsters who used to fight all day stopped and started speculating in stocks. For a while, public security improved.

Even the garbage collectors talk about stocks all the time. You can imagine that this is the final madness. Of course, there is an eternal law in everything, that is, when everyone participates, it is basically not far from the collapse.

It is not an exaggeration to describe Hong Kong's stock investors with the eight words "a cluster of flowers and a raging fire".

However, this did not prevent countless Hong Kong stock investors from making a fortune in the stock market. However, it was obvious that they were making a lot of money. When many people saw such huge returns, they immediately became greedy and borrowed money from everywhere, and even mortgaged their houses to banks.
However, Wu Mingfan, who the stock broker had been expecting to come back quickly to share a piece of the pie, almost gave Liu Weichi a cerebral hemorrhage because of his first order when they met.

"what?"

"Mr. Wu, this is not a joke!"

"Tear...Hu~" Wu Mingfan was sitting in the boss chair at this time. He took out the cigar, a sharp weapon for showing off, and puffed out smoke with the aura of a big boss.

The tone of voice was unmistakable.

"I'm not kidding. Time is tight and the task is heavy. I'll give you five days. You must sell all the stocks I hold by the 20th, and then wait for my order!"

"Gudong~" Liu Weichi swallowed his saliva, but still suppressed his fear and persuaded in a low voice.

"Mr. Wu, would you like to reconsider this?"

"Throw!" Wu Mingfan just said one word!

There was no other way; the money belonged to the boss. Although Liu Wei Chi racked his brains to figure out why he should not make money at this time, he could only sell the stocks as ordered.

At the same time, Wu Mingfan was not idle either. He mortgaged all the properties he had bought before to HSBC Bank, plus the cash he had on hand, and the money he cashed out from selling stocks, the total was probably more than 300 million.

Of course, the actual value may be more, but the foreigners at HSBC were greedy for profit and were squeezed out of at least 20%. This was all Wu Mingfan's income for more than two years.

Leave all to Liu Wei Chi to short Hong Kong stocks.

What is "short selling"? It means predicting that a certain stock will fall in the future. You borrow the stock from a brokerage and sell it at the current price. Then you buy it back at a lower price after the stock price falls, thereby making a profit from the difference. This is "short selling."

Most people don't dare to play like this, after all, the risk is too great. If you are not careful, you will lose everything, which is worse than gambling. So after Liu Wei Chi heard Wu Mingfan's words, he was stunned and opened his mouth wide. His brain went blank and he sweated instantly. After all, the Hong Kong stock market is booming now, and charity is not done this way, right?
He really couldn't help it, so he put all his assets into Hong Kong stocks, waiting to cash out at the end of the year and buy a thousand-square-foot mansion, so that he could go to his girlfriend's house to propose marriage with a clear conscience.

Now that he heard that someone was going to short Hong Kong stocks, Liu Wei-chi was acting as if he was going to become the Governor of Hong Kong the next day. It was more outrageous than even dreaming!

"Mr. Wu, this..."

Wu Mingfan ignored him and said something shocking again.

"Give me some more leverage!"

"Okay!" Liu Weichi was numb now.

What kind of mentality do you have?

Tired, destroy it!

It's not my money anyway.

Then you will be the one jumping off the building!
He really couldn't believe it. How could the booming Hong Kong stock market fall?

Of course, a thought came to his mind. Liu Wei Chi has been a witness in the past two years. He has seen Wu Mingfan's fortune rise step by step from a starting price of 8 US dollars to a billionaire with a net worth of over million US dollars.

He helped rent this office in Fu Kang Building.

It can be said that there are great scholars among the people who talk and laugh, and there are no unlearned people among the people.

He participated in various upper-class cocktail parties and was said to have a close personal relationship with the Bao family. It was rumored that the semi-retired shipping tycoon admired him very much. Others were not sure but Liu Wei Chi knew very well that this was not a rumor but a fact!

Mr. Wu in front of me spent the New Year's Day two years ago at Bao's house~

Last year, in April 1986, four stock exchanges merged to form the Hong Kong United Stock Exchange.

Compared with those bigwigs, Wu Mingfan's hundreds of millions are not worth mentioning. After Liu Weichi finished the operation and returned to her own office, she leaned back in the chair with her eyes closed, thinking with a confused mind.

He was not a fool after all. As a top student who graduated from a prestigious British university, he could smell something unusual.

The main reason is that Wu Mingfan had been extremely cautious in his previous actions, but this time he went all out and even added leverage, which means he was absolutely sure.

The more Liu Wei Chi thought about it, the more frightened he became, because if the other party really made the right bet, wouldn't it mean that the Hong Kong stock market would not only fall, but there would also be a major crash?

"Tear~" I shuddered at the thought.

Do you want to sell some too?
Once I had this idea, I couldn't stop it, mainly because my entire fortune was invested in the stock market. If it crashed, I would lose everything.

So, even though Liu Wei Chi didn't believe it, he still gritted his teeth and sold half of it, comforting himself that it was just making less money!
Little did he know that it was this action that made him feel extremely grateful a month later.

But at this moment, he was in agony, especially when he saw other colleagues making a lot of money. He was so impatient that he sold half of them. He was slapped hard in the face more than once at night.

The days that followed were like years. Even in mid-October, the Hong Kong stock market was still rising rapidly. Liu Wei Chi could no longer sit still. Based on his professional qualities as a stockbroker, he drove his junky car to the Fu Kang Building to find Wu Mingfan.

"Mr. Wu, it's not too late to stop now. Half of your funds have evaporated?"

"At least I can protect my capital!"

"Stop it~"

To be continued...

(End of this chapter)