Island Tycoon

Chapter 548 Manipulating the Stock Market
"Ye Sheng, the Academy Awards would like to invite you to participate in the award ceremony in the middle of the month, and to be their award presenter that night." Li Zhi knocked on the door and walked into the office with the invitation letter in hand.

"Put it down." Ye Jingcheng, who was concentrating on reading the newspaper, turned his head to the side and responded.

"That's okay, I'll go out first."

Li Zhi was already familiar with Ye Jingcheng's character, and knew that he was expressing his acceptance of the invitation, but whether he would go or not would depend on his specific arrangements.

"Ah."

After Li Zhi left the office, Ye Jingcheng's attention returned to the "Financial Daily".Today's headline in this newspaper let him know why Li Jiacheng asked him to borrow such a large sum of money and where the money went.

Li Jiacheng borrowed such a large amount of money from him in his personal name, not to invest the money in overseas markets or speculate in foreign exchange, nor to invest in industries with better returns than "First City", but to invest it in the stock market for manipulation Purpose.

The Hang Seng Index remained at more than 1600 points in the past two days, but the index suddenly dropped by more than 300 points the day before yesterday, and it even fell below the 1200-point mark yesterday, becoming the lowest level in the stock market in three years.

The newspaper did not write specific data, but Ye Jingcheng heard a lot of information from inside.Someone sold a full 6.5 futures at a price of 15 per lot before the Hang Seng Index fell sharply.

The daily turnover of the Hong Kong Island stock market is only a little over 100 billion, and the value of these futures indexes is already close to 100 billion. If they are released, they will almost bring down the entire stock market.

Moreover, such a large transaction amount cannot be manipulated by one person.I believe that apart from Li Jiacheng, there are other people involved in this matter.

When Ye Jingcheng knew that Hong Kong Island was about to face an economic crisis, it was not that he had not considered manipulating the stock market to gain profits.

It's not that he didn't consider the consequences of this approach. At that time, there will definitely be a large number of stockholders dead, and all the wealth he has gained will be built on others.

But to put it bluntly, these stockholders speculate in stocks, and there are benefits and risks.If you are really facing bankruptcy, then you can’t blame others, after all, you are poor because of greedy words.

What's more, are there still few poor people in the world?Does Ye Jingcheng have to be pitiful to everyone?In fact, everything you say is false, and it is true that the money is in your own pocket.

But there are some things that he can't do if he wants to, and some existing factors must be considered.

First, he can't come up with such a generous 100 billion, and there is a gap of 30 to [-] million to say the least.Unless he takes some properties to other banks as collateral, but the confidentiality is not high enough.

Secondly, it is impossible for him to amass money recklessly in the stock market without getting through all the joints in advance. This is Ye Jingcheng's disadvantage. His network is not deep enough and his network is not comprehensive enough. It is difficult to do what he wants to do.

That's why he shifted his focus overseas. Anyway, he wants to accumulate foundation step by step, and his eyes are naturally aimed at a larger market.

In this regard, Li Jiacheng is the opposite of him. The other party has always accumulated a lot of money and continued to manage his personal connections. It was not until he successfully acquired Hutchison Whampoa a few years ago that he ushered in a blockbuster career.

So, even if Ye Jingcheng had enough funds, he couldn't control this matter.But Li Jiacheng can do it, and he doesn't like to eat alone like Ye Jingcheng, so he recruits other people to cooperate, so that he can raise the required funds, and secondly, he sells the other party's favor.

Ye Jingcheng calculated the account, every point of the futures index was 50 yuan, and the Hang Seng Index fell by 2 points in total, which means that he could earn [-] yuan in one hand.

In the three days before and after, it brought at least 30 billion to Li Jiacheng and others, which is equivalent to earning back the cost Li Jiacheng invested.Moreover, the decline in the stock market is still continuing, and it is likely to fall below the thousand digits in the end.

Compared with the development plan of the first city, it is also an investment of nearly [-] billion, and it also has huge benefits.The stock market can be rewarded in a short period of time, but it will take at least three to five years for the first city to start making profits. Li Jiacheng's calculations are indeed precise enough.

Moreover, when Li Jiacheng wanted Ye Jingcheng to discuss the loan, he could obviously let Ye Jingcheng join in to ensure that the action was more secretive this time, but he did not do so.

Is it because he is worried that Ye Jingcheng has ample funds in his hands, so that he may steal his head if he adds money?Still feel that Ye Jingcheng can't help with this matter other than funds?
Ye Jingcheng put down the Financial Daily in his hand, lay quietly on the chair and thought.

……

At the celebration banquet of "Five Lucky Stars".

In order to celebrate the box office breakthrough of 2000 million, Hong Jinbao put up more than a dozen circles in the hotel with his own money, and invited related personnel from the film crew, some reporters and friends to be present.

"Happy today, everyone eat more." Hong Jinbao called everyone to sit down, and first put a piece of roast suckling pig for himself.With his mouth full of greasy food, he casually took out a napkin and continued to enjoy other delicacies.

"Brother, why are you holding a brick all day long?"

Yuan Biao, who was sitting next to him, noticed that Hong Jinbao had never let go of the suspected 'brick' object in his hands since the beginning.

"To say you have no knowledge means that you have no knowledge. Is this a brick?"

Hong Jinbao, who seemed to want to get the attention of others, turned the other side of the 'brick' over, and there were number buttons on it like a telephone.He explained, "Let me tell you. This is called a cellular phone."

"Cellular phone? What is it used for?" Yuan Kui asked in a daze.

"Hey, it's unnecessary for you to ask. You said it was a phone, so it must be used for making calls." Yuan Biao pointed.

"That's right, and you don't need to answer the phone line, you can make calls wherever you go." Hong Jinbao was complacent.

"So amazing? Then I have to try it." Yuan Hua with mustache said.

Several other senior brothers joined in the fun, but Hong Jinbao fended them off before they joined in. Jingui said, "It's more than 4000 US dollars. If it breaks, you will pay for it?"

"No way! So expensive? Doesn't it cost more than 3 Hong Kong dollars?"

Hearing this, everyone took their hands back one after another.If the phone is broken, they really can't afford to pay.

More than 3 yuan is not much for the income of the brothers, but their character has always been to spend as much as they earn, and they don't even have a savings of more than six figures.

Seeing the reluctance of the crowd, Hong Jinbao handed over the cellular phone and said generously, "I'll show you, remember to be careful."

Several brothers took turns to study, and finally the phone fell into the hands of Yuan Biao. He glanced furtively at Hong Jinbao who was eating, and whispered; "Try to see if you can really make a call."

Then they exchanged winks with other senior brothers, and they tiptoed back to a corner of the banquet hall.

(End of this chapter)