Shanghai.
Compared to the last time they came, Shanghai was undoubtedly more lively now. The Shanghai Exchange was filled with people at this moment. The huge flow of people squeezed the entire exchange so tightly that not even water could leak out.
"100,000, give me 100,000 rubber!”
"300,000. I, Hui Feng, buy 300,000!”
"My Yonghe Bank, 500,000, 500,000!”
......
Voices filled the air, and almost everyone went crazy.
In this madness, the rubber index kept rising. When Jiang Xiaochen and his son set off, the rubber was already 130 pence. Now, in just a few days, it had already rushed to 150 pence.
And it was still rising.
In 1909, the world's rubber craze swept through China. At the same time, the newspapers of the Qing Dynasty began to advertise the rubber market. At first, not many people joined. After entering 1910, rubber continued to rise, leading more people to invest in this wave of investment.
When the price rose excessively, speculators appeared more and more. In order to continue to raise the stock price and sell the stocks they held, these foreign speculators kept working with other foreign banks to release a series of good news, such as high dividends for the stocks they held, and the stocks could be used for mortgage loans in specific banks. They spread the news to make the market think that the market was very stable, which made the investors in the Shanghai market even crazier.
This was only a paper introduction to Jiang Xiaochen before, but now he had truly witnessed the madness of these people.
For two consecutive months, these people seemed to have gone crazy and entered rubber-related stocks and futures.
Of course, Jiang Xiaochen did not move during these two months.
He was waiting for the best opportunity.
When it was June, the time had come.
"Father, we can sell it now!”
After saying that, Jiang Xiaochen pulled his father into the trading center.
Because of the previous cooperation, Jiang Xiaochen quickly contacted the trader from last time.
"Mr. Jiang, I'm really sorry. If you still want to buy rubber, I might not be able to do it at the moment.”
An American said apologetically.
"No, no, Mr. Smith, you might have misunderstood!”
"I want to ask you to temporarily clear all of our rubber shares.”
Jiang Xiaochen shook his head and chuckled.
"What?!"
"My God, Jiang, are you wrong?”
Smith said in disbelief.
"Yes, Mr. Smith, you didn't hear wrongly. Please help me handle it immediately!”
Jiang Xiaochen spoke again in Azurite's English.
"Oh, my Jiang, I have to remind you that rubber is so popular, and there's still room for growth.”
Smith tried to persuade him.
"No, maybe he does, but I don't think he'll win now, do I?”
"Please!"
Jiang Xiaochen shook his head. His expression of certainty made Smith sigh.
"That's true. Please wait a moment. I believe it will be settled soon.”
Smith nodded.
"Right!"
"Mr. Smith, I wonder if your bank accepts short-selling?”
"Short leverage!"
Jiang Xiaochen seemed to have thought of something. After Smith finished speaking, he couldn't help but add.
"Empty?"
"Jiang, you actually know about this!”
"Of course. I wonder which futures do you value?”
Smith was stunned for a moment before he looked at Jiang Xiaochen in disbelief.
He didn't expect this Qing man to know so much.
"Rubbers!"
"There are still 200,000 silver dollars here. I want Mr. Smith to help me again. Open the leverage of 20 times and short the rubber.”
Jiang Xiaochen said with a smile as he took the silver dollar certificate from his father.
"Rubbers!"
Smith's eyebrows twitched.
He didn't expect that the young man in front of him not only wanted to sell the rubber, but also wanted to go short.
This made him feel incredulous, and at the same time, he could not help but frown.
However, after pondering for a moment, he still spoke.
"Sir, this sum of money is too much. You might need to make a trip to the City Bank. How about this, sir? I'll help you sell your rubber shares first.”
Smith muttered.
"Alright, thank you!"
Jiang Xiaochen nodded.
Then, Smith rushed to handle it.
As for Jiang Qingyuan, he watched his son quietly throughout the entire process and did not interfere.
His mentality was different now.
Back then, 5,000 silver coins was a gamble. Now, 200,000 silver coins did not have much of an impact on him.
Naturally, he would let his son do whatever he wanted.
"Let's go, Dad. I'll wait for Mr. Smith outside!”
Jiang Xiaochen smiled.
"Good!"
Jiang Qingyuan replied.
The father and son walked out.
However, at this moment, a familiar voice reached the father and son's ears.
"200,000, buy me 200,000 silver for rubber!”
"Hurry up, hurry up!"
His voice was urgent and sharp.
The two of them turned their heads almost instantly.
When he turned around, he saw a familiar middle-aged woman squeezing in.
"Sister-in-law!"
Jiang Qingyuan said in surprise.
Jiang Xiaochen's expression turned strange.
"Sister-in-law, he's just a woman. Why did he come here?”
Jiang Qingyuan's expression was a little ugly. He even wanted to walk in.
However, Jiang Xiaochen pulled her back.
"Father, it's better not to stop auntie from getting rich!”
A voice with a smile said.
...........
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