Everything was on the right track. Su Chen also began to calm down and think about the big things that had happened in the past few days.
On October 19, 1987, the Jones Industrial Average fell by 508 points. The dow jones industrial average fell by 508 points in just one day, and its value fell by 23%! The Hong Kong stock market and the Hang Sheng Index futures were also affected and fell sharply. The Hang Sheng Index fell by 420 points. On the third day, the Xiangjiang United Exchange announced that it would be closed for four days.
Today was already October 1st. In other words, there were still 18 days left. Su Chen planned to make a fortune out of him in this stock market turmoil!
Currently, the dow jones industrial average is 2246.74! In other words, Su Chen's purchase price in the futures market was about 2241.74 USD! In 1987, one US dollar was about 3.7221 yuan! In other words, during this period of time, to buy a stock of Jones Industrial futures, it would cost about 8,471.91 yuan!
According to the current income of the factory, Su Chen could invest about 2 million yuan when she went to Xiangjiang River. If he used financial leverage, he could use 400 times the financial leverage. This two million yuan was equivalent to 800 million yuan.
However, for leverage, a deposit of 10% was required! In other words, the futures of the dow jones were currently less than 10,000 yuan, which was more than 9,300 yuan!
Su Chen invested two million yuan and had 400 times leverage. Su Chen could buy 85846 shares. On October 19th, Su Chen could earn 508 USD per share!
With more than 80,000 shares, Su Chen could directly earn a lot of dollars, totaling more than 100 million yuan!
Therefore, before going to Xiangjiang River, Su Chen planned to bring as much money as possible.
With an extra million, Su Chen could earn an extra 50 million! Therefore, while he could make a fortune this time, Su Chen would definitely go over and make a fortune!
He asked his aunt to stay in Shanghai to help his aunt and uncle run the factory. Su Chen took the money he had earned over the past few days, a total of two million, and boarded the train to TJ!
When he arrived at TJ, Su Chen met his parents! The family reminisced for two days. Su Chen used all the things in the factory to exchange for a bank mortgage of five million! Including TJ's turnover for the past few days! A total of ten million!
After putting on the 10 million yuan, Su Chen took the train back to the capital!
He also took out a million yuan from the capital and took out a mortgage of four million yuan for his courtyard house and factory! After applying for a passport and a Hong Kong and Macau pass, Su Chen boarded a plane and arrived at Xiangjiang River!
After getting off the plane, Su Chen hailed a taxi! They arrived at the Peninsula Hotel!
The Peninsula Hotel was established in Xiangjiang River in 1928! It was currently the best hotel in Xiang River!
"System, purchase ten bodyguards with heavy weapons!”Su Chen said to the system.
"The purchase is successful. 100,000 per person. A total of 1,000,000 will be deducted!”As the system's voice fell, ten fully armed men appeared in front of Su Chen.
Each of them was holding an AK47! There were also two people with guns on their backs! There were two other people carrying rocket launchers!
Moreover, everyone had the relevant documents!
Su Chen took a look. This one million was worth it!
With these ten people, Su Chen believed that he could develop a big club in Xianggang!
After letting these ten people go out and develop themselves, Su Chen went straight to the stock exchange!
He opened an account here and deposited 14 million! With 400 times leverage, he bought 600 lots of Jones Industrial futures and directly bought it down!
Looking at the 600 lots of futures in his account, Su Chen was relieved.
These 600 lots of futures could directly earn Su Chen a billion yuan in two days!
After buying the futures, Su Chen happily walked out of the stock exchange center!
"As expected, Xiangjiang River is indeed the only city in Asia that can compare to Dongjing!”He looked at the tall buildings in front of him and the cars on the street! Countless people were walking back and forth on the road! This scene was not inferior to the third-tier cities in China in 2019!
Moreover, the current Xiangjiang River was still not comparable to New York in the United States! No wonder people often said that during this period, America was 50 years ahead of China! From the looks of it, this statement was not wrong!
After flagging down a taxi, Su Chen headed towards the Peninsula Hotel! It was not good to stay on the streets for long! During this period, when the Xiangjiang River Club was officially running amok, the streets were filled with gangsters! Some clubs even had hundreds of thousands of members! This was also the reason why Xiang Jiang couldn't destroy these clubs. It was because these clubs were too powerful!
At this time, Li Jiacheng only had a net worth of 33 billion Hong Kong dollars! However, this statement was not very accurate because this was only the value of Li Jiacheng's four listed companies. Li Jiacheng still had many companies that were not listed during this period!
On the mainland, in 2005, the richest person only had 13 billion! This was the difference between the mainland and the Xiangjiang River!
Back at the hotel, Su Chen lay on the bed to rest.
Because after these two days, Su Chen would be busy!
On October 19th, 1987, the dow Jones Index fell by 508.32 points! On this day, within 6.5 hours, the US stock market lost 500 billion USD!
Later on, the US began to rescue the market. The US economy was doing well, the Federal Reserve promised to supply them with cash, and the major commercial banks actively provided cash. The market began to slowly recover. October 20, 1987! The dow jones index rose from 1717 to 1915! It had increased by nearly 200 points! Later on, the United States specially formulated rules for this matter!
Therefore, Su Chen planned to use the money he earned on the 19th to directly buy the rise of the Jones Index! He could make a huge profit again!
On the second day, 650 companies in the United States began to take the lead in retrieving their own stocks because their stocks were too undervalued. This would increase the company's market value. This was another opportunity for Su Chen!
Lying on the bed, Su Chen rested his head on the back of his head and couldn't help but smile in satisfaction. After this trip, he would definitely become the richest man in New China!
At that time, he would directly set up his own base camp in Xiang River! He would first return to the mainland and start buying land. Then, after 92 years, he would return to China to invest in gold!
It was perfect!
This book comes from：m.funovel.com。