1928: The Rise of Giants
Chapter 379 Citibank takes action, and the stock market suddenly warms up!
1.85 million oceans, this is far beyond Huixin’s knowledge.
Even Situ Feifei, who was used to seeing big money, felt that this was an astronomical figure that was difficult to look at.
Taking the most expensive military example, the Martin 139 bomber, the main fighter jet during the Anti-Japanese War, cost about NT$42 each, and more than 1.85 of these fighters could be purchased for NT$400 million.
Before July 1937, the Japanese army and navy aviation forces were equipped with more than 7 combat aircraft of various types and nearly 2300 aircraft in reserve.
When launching the July 440th Incident, the Japanese invaders dispatched more than 870 combat aircraft. Later, as the scale of the war expanded, the number gradually increased to more than aircraft.
On the other hand, the Republic of China Air Force at that time had about 600 aircraft, but only more than 220 were capable of combat.
These aircraft are all imported from Western countries, with various models and outdated models, and most of them are facing obsolescence.
The most terrible thing is that during the Republic of China, both national strength and industrial foundation were very weak. Without the aviation industry, one less aircraft would be lost in battle.
Ye Luo asked Huixin to short-sell this wave, which is equivalent to making more than 400 top fighter jets from the United States!
Benjamin and others were stunned, feeling delighted that they had witnessed a short-selling event that could go down in history.
The only thing that made him regretful was that because of the evacuation funds provided by U.S. Steel and other companies, Huixin did not persist until the end, otherwise he might have had the opportunity to witness more shocking statistics with his own eyes.
But soon, they saw an even more horrifying scene.
Half an hour before the market closes, Benjamin and others are helping Huixin organize information and raise funds. US$3867.9 million is not a small amount. If she plans to withdraw it from her credit account, she will have to apply to the Federal Reserve and get the cooperation of U.S. Steel and other companies. A wave of investigations is conducted to test whether there are "human factors" in this short selling.
At this moment, a panicked Kardashian suddenly opened the door of the VIP room, found Benjamin out of breath, and told an even more outrageous thing intermittently!
Not long ago, Citibank President Charles Mitchell announced his full support for stock financing. In order to ensure the stability of the stock market, Citibank and more than a dozen major banks jointly injected a total of US$3500 million into the stock market, suddenly stabilizing the shaky stock market. .
Charles Mitchell also claimed that he would continue to increase investment to allow citizens to speculate in stocks with confidence. There will be two waves of such capital injections, and each wave will bring more funds.
The British plutocrats, who had just injected US$2200 million into the US stock market not long ago, suddenly made a comeback.
As soon as the news was broadcast on the radio station, the New York Stock Exchange was instantly overcrowded.
The speculators who had just clamored to sell out all the stocks in their hands immediately changed their tune and started spending money to buy stocks, for fear of missing out on this foreseeable bull market.
Benjamin listened to the news in shock and didn't react for a while. It wasn't until Kardashian pushed him several times that he came back to his senses.
"You mean, Citibank has already released the news?" he asked in a low voice.
Kardashian couldn't help but nod: "The capital injection should have happened half an hour ago, but the news was just released, and now everyone on the street should know it."
Half an hour ago?
Benjamin subconsciously looked at Huixin.
This woman chose to stop at exactly that point in time, took out funds from the companies that owned six high-priced stocks, closed the loaned stocks, and left after making a huge profit.
"What's going on with the stock price now?" Benjamin growled and asked several other traders.
Someone soon sent the data over.
Huixin's heart skipped a beat, and an indescribable sense of tension filled her body, causing her to hold her pert belly.
Just a little bit, and it might be over.
Being able to predict things like a god is no longer enough to describe the second young master.
This is simply a prediction of the future!
"U.S. Steel's stock suddenly rose from US$55.6 to US$68.2 in just half an hour, an increase of more than ten yuan!" Benjamin's palms were sweating. If Hui Xin retreated too late, her position would definitely be liquidated, and not just U.S. Steel, but all the seventeen stocks she was shorting would be liquidated.
The principal of 300 million US dollars will be gone, and so much profit will become a mirror.
But she just managed to evacuate.
Only then did Kardashian come back to her senses and realize what kind of amazing operation Huixin had done.
She perfectly avoided the liquidation and successfully shorted 17 stocks during this short crisis, becoming a big short seller.
This last wave of fatal escape is even more classic than the 1.85 million yuan she made from short selling.
The name of the female stock goddess will probably spread throughout New York, no, throughout the United States from today on.
At the same time, Livermore, Franklin and others who received the news also felt unprecedented shock.
No one thought that financial capital such as Citibank would end up directly on the sidelines, abruptly containing the possible crisis.
A few days ago, the Federal Reserve continued to hold meetings on the overheating of the stock market and even promulgated monetary tightening policies.
But today, Citibank and others are openly opposing the Federal Reserve and the Treasury Department.
This obviously had to be done by Hoover himself.
Countless speculators are afraid that they will beat their chests, and short sellers like Hui Xin, if they are a little greedy, will lose all their money and become sacrifices under the banner of Citibank's attack.
Livermore immediately called Yello to inquire about his short selling situation, and then calls from Franklin and others came as scheduled.
If the Chinese financier fails under Citibank's strategic arrangement, they will abandon this ally without hesitation.
Ye Luo's answer made them feel reassured and shocked.
He actually managed to escape half an hour before the end.
This dance on the tip of the knife is really pleasing to the eye and makes several people convinced.
Franklin and others have regarded him as one of their staunchest allies, especially after learning that he made tens of millions of dollars. Several people felt that they would not be able to sleep again tonight.
After hanging up the phone, Ye Luo personally drove to the New York Stock Exchange to pick up Huixin this time, and by the way, he once again used the more than 1500 million US dollars that belonged to him and the 1300 million US dollars that belonged to the military and political figures of the Republic of China.
This wave of capital injection by Citibank is also extremely famous in history.
After this capital injection, stockbrokers and bankers began to encourage people to join in speculation.
Even some prominent academics have lost their cool.
The most typical one is Irving Fisher of Yale University. This great economist not only joined the ranks of speculators himself, but also declared in public speeches: "Stock prices have reached some kind of lasting peak."
At this time, called the "New Era" by Americans, wealth and opportunity seemed to have opened their stingy doors to the Americans who had just won the First World War.
This bull market will last for a month or two, and Ye Luo can use massive funds to buy and sell stocks, manipulate penny stocks, and continue to accumulate and roll over his capital.
He was in a good mood and felt that the hardships he had endured in the Republic of China for more than a year had not been in vain, paving the way for this grand and gorgeous banquet.
With rare free time, Ye Luo decided to go to Hollywood after picking up Hui Xin. (End of chapter)
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