China Entertainment: Starting from 07 Kuainan

Chapter 68 Balance falls below seven digits

Lu Yuan was stunned for a moment, and then asked in a tentative tone.

"Sister, are you also short on real estate?"

"nonsense!"

Lu Jing put her legs on the desk and confided some news casually.

"The subprime debt crisis is almost here, okay?"

"In April, New Century Financial Corporation, the second largest subprime mortgage institution in the United States, went bankrupt. In June, the Bear Stearns hedge fund suffered huge losses and was on the verge of bankruptcy."

"Well, Bear Stearns is an old hedge fund that has been established for nearly a century. Forget it, if I don't tell you this, you won't understand it."

"Anyway, all you need to know is that Moody's, S&P, and Fitch have downgraded more than 900 mortgage-backed bonds."

"You should understand this, right?"

"Anyway, brother, don't worry, leave this money to me, I am confident that I can make it for you at an annual rate of more than 50.00%!"

50.00%?
Upon hearing this number, Lu Yuan felt that the elder sister did not seem to understand the seriousness of the problem.

However, Lu Jing's words also reminded him of one thing.

There are signs of any crisis. It is hard to say whether Wall Street foresees the global financial crisis, but most institutions with a keen sense of smell are aware of the subprime mortgage crisis.

After hesitating for a long time, Lu Yuan decided to try to guide his sister.

"Sister, do you think real estate in America will be the next big thing?"

"impossible!"

Lu Jing said flatly: "Lao Mei and Xiaoli are completely different things."

"Let's put it this way, starting in 04 until now, the Federal Reserve has raised interest rates 19 times in a row, from 1% to 5.75%."

"I won't tell you the specific principles. The purpose of the Fed raising interest rates is, firstly, to suppress the overheated real estate market, and secondly, to expedite the bursting of bubbles in the real estate market."

"So, even if the subprime crisis comes, there won't be any big problems. Don't forget one thing."

"American swords can be used around the world. In other words, the United States can collect seigniorage from all over the world!"

Speaking of this, Lu Jing suddenly paused.

Yup!

Why didn't I think of it myself?

Will the United States let the whole world pay for the subprime mortgage crisis?
Crisis, crisis!
There is danger, but also opportunity!

Risk and benefit coexist!
Giants such as Goldman Sachs and Morgan can take advantage of the information gap and make a lot of money!
How do you make money in finance?
To put it bluntly, it’s information gap and leverage!
Financial giants such as Goldman Sachs and Morgan naturally have the advantage of information. As long as they grasp the general trend, the chance of making money is far greater than the chance of losing money.

In an instant, the scattered data scattered on the paper slowly gathered in Lu Jing's mind.

Data that were originally unrelated began to collide and merge with each other at this moment, forming tiny dots.

Then, the scattered dots slowly connected into lines.

In the end, those seemingly disorganized lines gradually formed an extremely complex network.

Thinking of this, Lu Jing's face gradually turned red, and after a few breaths, even the fingers holding the phone began to tremble unconsciously.

"Wow!"

After a while, Lu Jing kissed the phone hard and said excitedly.

"Brother, sister loves you so much!"

"Haha, don't worry and send the money. This time, I will make at least twice as much for you!"

"That's it, hang up."

After saying that, Lu Jing didn't give Lu Yuan a chance to speak and hung up the phone.

She needs to re-examine the fund's investment strategy, make bold assumptions first, and then carefully verify them.

Subprime mortgage, she is sure to take it!
of course.

Lu Jing never thought about becoming fat in one go. Compared with those established giants, her fund was just a small shrimp.

While others eat meat, she just needs to drink some soup.

the other side.

Listening to the blind voice coming from the microphone, Lu Yuan was confused.

He only said one sentence as he prepared it, but judging from the sister's tone, what did she seem to have thought of?
What did she think of?
Could it be that I have gone astray?

Do you want to call me back and give me another reminder?
At this moment, Lu Yuan was very confused.The financial market is unpredictable. If my sister gets distracted and loses her little money, it doesn't matter.

The worst thing is to make money back.

If the fund managed by my sister also suffers huge losses, then the problem will become bigger.

After all, it was not easy for me to get to where I am today.

After thinking for a long time, Lu Yuan still had not made a decision. Distraught, he opened the drawer of his desk and took out a pack of cigarettes.

pat!

There was a crisp flint sound, and Lu Yuan lit his first cigarette in his life.

Suck!
"Cough cough!"

As soon as the smoke entered his mouth, a strong smell of tobacco quickly invaded his nasal cavity. His throat, which had never been attacked by tobacco, made several coughs involuntarily.

Immediately, Lu Yuan put down the cigarette in his hand and threw the cigarette butt directly into the mineral water bottle.

At the same time, he also made a choice.

Step by step.

Call me right away, that's too deliberate.

'Rebirth' is his biggest secret, and he will carry this secret with him until he enters the coffin.

Lu Yuan plans to contact his sister every half month to inquire about the investment returns. If a large loss occurs, it will not be too late to remind his sister at that time.

Taking ten thousand steps back, even if my sister is cheated, Lu Yuan still has the capital to help her start anew.

This is the confidence of the reborn!

Even if one of the king bombs is wrong, there is still a chance to correct it.

Two days later.

The person appointed by Lu Jing contacted Lu Yuan and signed a series of documents. He transferred 4000 million into the account designated by the elder sister.

Later, Lu Yuan invested another 300 million into the company's account. However, he did not directly invest in Xingchen, but first invested in Morningstar Cultural Fund.

Then, it was injected into Star Media in the name of Morning Star Culture Fund (MSC Capital).

MSC invested 1300 million yuan and holds 32% of the shares of Star Media.

After settling the company's affairs, Lu Yuan only had 100 million left in his personal account.

Seeing that his balance was about to exceed seven figures, Lu Yuan immediately threw himself into work. In the next ten days, he frantically took on fifteen commercial performances.

Accounted for 450 million.

Although it was a company account and he didn't get that much in the end, the anxiety in Lu Yuan's heart was relieved a lot.

9 month 24 number.

Another weekly album sales list has been announced. Lu Yuan's album of the same name has a record of 38997 copies, far ahead of other peers, and once again won the weekly championship.

Far ahead!

Counting the September 9th issue, Lu Yuanda achieved an epic ten consecutive championships!
On the same day, Lu Yuan's first album sold more than one million copies.

In two months and four days, album shipments exceeded 100 million!

With just one album, Lu Yuan successfully caught up with JJ, Wang Lihong, Jay Chou and others and became one of the best-selling male singers in the Chinese music industry.

If we only count mainland singers, he is the undisputed number one since the digital music era began!

The achievement of consistently dominating the rankings for ten weeks is unprecedented!

In the end, I'm afraid no one will come.

After all, in the digital music era, it is becoming increasingly difficult to sell physical records. This is an undeniable fact.

Industry insiders generally believe that Lu Yuan's achievements are difficult to replicate.

This time, sales exceeded one million. Huayi did not continue to hold a celebration party, but just bought a few notices in a low-key manner and posted them on major portals.

"66 days!" 100! ——Lu Yuan's album of the same name has shipped over one million copies"

"Lu Yuan's latest single [Chi Ling] will be released simultaneously on all major wireless terminals on October [-]rd"

As soon as the news came out, domestic entertainment was shocked.

(End of this chapter)