Chapter 2196 2198 [Stock must win method]
"Chen Wanxian is dead?!" Sister Ling, Fang Ting and the others were very surprised when they heard what Xiang Nan said.
They all knew that Chen Wanxian had conflicts with Fang Jinxin back then, but they didn't expect him to leave so suddenly.
Xiang Nan nodded, "After he was released from prison, he wanted to acquire the Wanbang Department, and owed a large amount of debt for it. Now that the stock market crash hits, the price of the stocks he bought has shrunk greatly, and he has lost three billion Hong Kong dollars. Many of them are still underground. Bank money.
He was worried about hurting his family, so he chose to end it. "
Sister Ling couldn't help sighing after hearing this.
Back then, Chen Wanxian took advantage of the stock market crash to force Fang Jinxin to go bankrupt, and now he himself has gone bankrupt because of the stock market crash.
"It deserves it! A capital crocodile like him has always made waves in the stock market, causing countless people to go bankrupt. Now he himself has finally been punished." Fang Ting cursed angrily.
"Okay, everyone is dead, so stop scolding." Xiang Nan waved his hand and said, "Tingting, Taotao's mood will fluctuate recently, you should take care of him more."
Fang Ting nodded.
…
Xiang Nan then went to Qingshan to visit his master Ye Tian.
"Master, are you okay? I have good news for you. Chen Wanxian went bankrupt in stock trading and hanged himself yesterday." He said to Ye Tian.
"Zhanbo, is what you said true?" Ye Tian said suddenly when he heard it.
"Master, it's great that you've regained your sobriety." Xiang Nan said in surprise when he saw it.
He came to visit Ye Tian many times before, but Ye Tian couldn't recognize him. Seeing him like a stranger made him very sad. Unexpectedly, today, he actually called out his name, which really made Xiang Nan happy.
"Why did Chen Wanxian hang himself?" Ye Tian asked again.
Xiang Nan told Ye Tian the news that the stock market crash broke out, and Chen Wanxian held a heavy position in the stock, resulting in a loss of three billion Hong Kong dollars.
"Okay, retribution. He spread false news back then, intending to cause the stock market crash to make Fang Jinxin, but now he died in the stock market crash, what a retribution!" Ye Tian said happily.
"Yes, Master." Xiang Nan nodded.
"What about you, how much did you lose?" Ye Tian asked again.
"I have no loss..." Xiang Nan said that he predicted the stock market crash and sold stocks in advance, and also said that he did not take the opportunity to short.
"Okay, that's how it should be." Ye Tian nodded and said, "Every conscientious stock investor should not make such **** money at this time."
"Yes, Master." Xiang Nan nodded.
"Zhanbo, I know I'm about to fail." Ye Tian said again, "I summed up what I've learned in stocks in my life, plus what your father said, I pondered over and over again, and finally I have summed up a very powerful stock trading method.
Master only tells it once, and I will never tell it a second time. Please memorize it word by word. "
"Master, tell me, I'm listening, I won't miss a single word." Xiang Nan nodded and said.
"Stocks must win, greedy loses money and wins, blood transfusions don't lose money, everyone goes for blood transfusions, killing people doesn't blow the wind, it rains and goes to outlying islands, leaves home to drink milk, sees people to receive inheritance, gets out of prison because of money, happiness has no personality , There is no wages for becoming a monk, and you will be invincible in every attack, and you will be invincible in every battle!" Ye Tian said immediately.
"Master, I have written it all down." Xiang Nan nodded and said.
"Okay, Master is so sleepy and tired, I want to take a break." Ye Tian waved his hand, then tilted his head, and passed away.
"Master~" Xiang Nan couldn't help crying.
Especially his friendship with himself is really too precious and selfless. Losing such an elder who was both a teacher and a father, Xiang Nan couldn't help but feel extremely sad.
…
In the next few days, Xiang Nan helped Ye Tian arrange the funeral.
Sister Ling, Fang Ting, Chen Taotao, Little Jew and others, after learning the news of Ye Tian's death, all came here to pay respects.
And when Xiang Nan was preparing for the funeral, the stockholders were also very disturbed.
The stock exchange closed for four days, saying that it was to calm down investors and avoid passionate selling.
However, not only did this not have a calming effect, but it made everyone feel more and more anxious.
And during these four days, overseas stock markets were still jittery.
On the 23rd, the U.S. dollar was sold in a large amount in the foreign exchange market, resulting in a sharp depreciation and affecting the stock market, causing another sharp drop.
This also cast a cloud over Monday's resumption of the market.
"The U.S. stock market has fallen by more than 100 points, and the resumption of the market on Monday is really over."
"Even Chen Wanxian hanged himself, let's jump off the building too."
"Oh my God, it's still falling. Hurry up and throw it away when the market resumes on Monday. You can't pay for it all."
Shareholders are all terrified, and the panic in the market has accumulated to the extreme.
After Saturday and Sunday, on October 26, the Xiangjiang stock market reopened.
As soon as the market opened, a large number of selling orders almost caused the computer of the exchange to crash.
Investors frantically sell their stocks, lest they will be late for a while and will not be in a hurry.
Because there were only people throwing it and no one was picking it up, the stock price plummeted wildly. The Hang Seng Index dropped as much as 1,100 points throughout the day, or 33%, which was the worst plunge in stock market history.
Many stocks directly fell into junk stocks, and even the previous blue-chip stocks saw their stock prices slashed in half. Countless investors' life-long painstaking efforts were wiped out, and more than 300 people jumped off the building alone. The tragedy is unbearable to witness.
However, for people like Xiang Nan who hold a lot of cash in their hands, after the stock market crash, it is a good time to make a fortune.
Those high-quality stocks are now at the price of cabbage. As long as you buy, you can make a lot of money after the stock price rises in the future. You can even acquire some high-quality listed companies, so you can earn more.
…
Because on October 26th, the Hong Kong stock market suffered the largest drop in the global stock market. In order to save the market, the Hong Kong government launched a series of policies at night.
For example, lowering bank interest rates, using foreign exchange funds and Jockey Club funds to buy stocks, abolishing the 35% acquisition trigger point, and so on.
This paves the way for the acquisition of public companies.
Before this, because there was a 35% acquisition trigger point, once 35% of the shares were purchased, the entire acquisition would be announced and a general acquisition offer would be issued.
This is actually bad for the acquirer. Because as soon as it is announced, the acquiree will start to rebel. And issuing a general takeover offer also requires the acquirer to come up with more funds.
But now all these restrictions are gone.
So starting from the 27th, Xiang Nan gradually absorbed the stocks circulating in the market.
First of all, there are seven companies in the Wanbang family. The market value of the seven companies before was nearly 30 billion Hong Kong dollars, but now it has fallen to only 10 billion Hong Kong dollars, which has shrunk by nearly 70%.
Xiang Nan bought these seven companies back with only three billion Hong Kong dollars, and his shareholding has also greatly increased. In addition, he also used the remaining funds to acquire high-quality real estate companies such as Grand Hotel and Jiahua Industrial.
(end of this chapter)