Chapter 2193 2195【Prophecy】
Enter to 1987.
Wanbang has invested in a lot of land, all of which are used to build large-scale housing estates, with an estimated profit of more than two billion Hong Kong dollars.
The stock market in Xiangjiang was extremely prosperous this year.
Since the official opening of the Hong Kong Stock Exchange on April 2, 1986, the Hong Kong stock market has ushered in a new stage of development.
The opening of the Xiangjiang Stock Exchange has ended the era of the Four Councils, the situation of chaotic pricing, vicious competition, and backward technology in various stock exchanges, which is of great benefit to the development of the Hong Kong stock market.
After the opening of the Stock Exchange, the trading volume of Xiangjiang stock market rose sharply. From the previous daily turnover of only 200 million Hong Kong dollars, it quickly skyrocketed to more than one billion Hong Kong dollars.
The Hang Seng Index also rose from 1,600 points in 1986 to 2,500 points by the end of the year. The total market capitalization of listed companies also soared from 250 billion Hong Kong dollars to 415 billion Hong Kong dollars.
The stock prices of all listed companies rose by an average of 50%. In particular, real estate stocks are loved by the majority of investors, and the market value of the Wanbang series is close to 20 billion Hong Kong dollars.
The book capital of all major, medium and small shareholders has been doubled several times, so they are naturally more satisfied with Xiang Nan.
…
But Xiang Nan knows that misfortune comes with blessings, and blessings come with misfortunes.
It is not normal for the stock market to be so booming.
For some stocks, the market value is obviously high, higher than the actual value.
But the stockholders don’t know this. They chase the rise and kill the fall. Seeing that the stock’s rise is so good, they buy it in large sums, and don’t care about its actual value at all.
This also makes the stock prices of those companies extremely outrageous, and the false fire is too great.
The current phenomenon is like a Ponzi fraud, spreading flowers by beating drums. When the stock price soars out of the sky and there is really no one to take over, the stock market will crash.
When the time comes, I don’t know how many people will go bankrupt and lose everything.
In the drama and in real life, the global stock market has experienced a big crash.
Although Xiang Nan knew about it, he didn't tell others.
Because he knows that the mob is blind.
At this moment, let alone sounding the alarm, even if he punches and kicks, it will not stop these people from investing.
Back in the day, Fang Jinxin wanted to curb the overheating of the stock market on his own, but instead of preventing the stock market from crashing, it caused him to go bankrupt and his family to be destitute.
So Xiang Nan would not do such a stupid thing.
He has a conscience if he doesn’t take the opportunity to short.
…
In March, after Little Jew went to the hospital for an examination, her heart disease was almost completely healed, only a few arrhythmia remained.
So Xiang Nan and Little Jew were thinking about having a child.
In May, after two months of trying to conceive, Little Jew was finally pregnant.
This made the Fang family very happy.
"Okay, Zhanbo, the Fang family finally has a son." Sister Ling said happily.
"Congratulations brother, congratulations brother~" Fang Fang, Fang Ting, and Fang Min all congratulated.
When Long Jiwen heard the news that Little Jew was pregnant, he was very happy for her.
"Then why don't you hurry up and find someone else." Little Jew laughed, "There are so many boys chasing you, don't always reject them."
Long Jiwen is young and beautiful, has a small fortune, and is Xiang Nan's secretary. In the Wanbang family, he is regarded as a close minister who is under one person and above ten thousand people. Therefore, there are naturally many young heroes who pursue her.
But Long Jiwen doesn't love anyone, and his heart is on Xiang Nan. In the past two years, many people have been rejected.
Seeing Little Jew say that, Long Jiwen smiled and didn't talk to him.
…
In June, news came from Qingshan Hospital that Ye Tian had a brain cancer attack and became blind.
This made Xiang Nan very sad, and told the doctor to take good care of him.
Let him walk the last part of his life as comfortably as possible.
…
At the end of September, Xiang Nan told Chen Taotao, "Taotao, let go of all the stocks in your hands. I am not optimistic about the current market."
"Why, what do you think?" Chen Taotao asked curiously after hearing this.
"I doubt the stock market will crash." Xiang Nan explained to him.
"Crash?!" Chen Taotao was taken aback, "No way, how is it possible?"
"Very likely. According to my calculations, the Hang Seng Index should be around 3,100 points now, but now it has been fired to 3,800 points, which is 700 points higher.
The stock prices of these dozen stocks completely exceeded their actual value. Originally, it was only worth a few cents, but now it is suddenly sold to seven or eight yuan. Xiang Nan looked at him and asked, "Do you know what this looks like?" "
"What?" Chen Taotao asked suspiciously.
"The stock market crash in 1973." Xiang Nan nodded and said, "Tao Tao, the stock market crash in 1973 is exactly the same as it is now. You must hurry up and get out, otherwise, I think you will suffer heavy losses."
"No way, no matter how you look at it, it doesn't look like there will be a stock market crash, and my friends on Wall Street didn't warn me." Chen Taotao was still skeptical.
"Tao Tao, don't always be superstitious about Wall Street's news. They are not omniscient and omnipotent gods, and they will sometimes fail in judgment. Otherwise, there will be no stock market crash." Xiang Nan waved his hand, "Okay, since you If you don't believe that there will be a stock market crash, then I will analyze it carefully with you.
First of all, since 1983, the economy of the United States and even the West has had a good development, which has supported the continued prosperity of the stock market, and the stock market index has doubled. Can't live in the current stock market.
Secondly, the U.S. government deficit and trade deficit have hit new highs, which will also shake the confidence of capital in the U.S. stock market, and they will withdraw their funds one after another. Finally, the increasing trade frictions in Western countries have also affected the stability of the world economy and stock markets..."
Xiang Nan inherited Chu Tiankuo's financial investment knowledge, and the stock market crash in 1987, as one of the most serious stock market crashes in the last century, occupies a very important section in the textbook, and the causes and effects of the whole process have been thoroughly analyzed up.
Now that Xiang Nan told Chen Taotao everything, it is natural that he has something to say and a target.
…
Hearing Xiang Nan lay out the facts, show the data, and talk about logic, Chen Taotao originally refused to believe it, but at this moment he has no choice but to believe it.
If there is only one or two pieces of evidence, it is not enough to prove that the stock market crash is about to happen. But when too much evidence is gathered together, the stock market crash becomes an inevitable thing.
"Since this is the case, Zhanbo, this is a good opportunity for us." Chen Taotao said excitedly, "We can take this opportunity to short, and we are going to make a fortune."
Under the stock market crash, everything becomes ants. On the contrary, if he takes the opportunity to sell short, he can make a lot of money and become the richest person in Xiangjiang in one fell swoop.
Xiang Nan waved his hand, "Our Fang family will not make this kind of money. My father died because of the stock market crash."
Chen Taotao nodded, expressing his understanding.
Behind every stock market crash, I don’t know how many people have gone bankrupt and have nothing.
"Then I won't make any money." He said.
(end of this chapter)