Shanghai.
Compared to the last time they came, Shanghai was undoubtedly more lively. Shanghai's trading center was filled with people at this moment. The huge flow of people squeezed the entire trading center to the point that even water could not pass through.
"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.
And in this madness, the rubber index kept rising. When Jiang Chen and his son set off, the rubber was already 130 pence, and now in just a few days, it had rushed to 150 pence.
And it was still rising.
In 1909, the world's rubber craze swept through the country. At the same time, the newspapers of the Qing Dynasty began to advertise the rubber market in large numbers. 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 the high dividends of the stocks they held, the mortgage loans of the stocks at specific banks, and spreading the news to make the market think that the market was very stable. This made the investors in the Shanghai market even more crazy.
This was only a paper introduction for Jiang Chen before, but now he 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 Chen didn't move in these two months.
He was waiting for the best opportunity.
When June arrived, the time had come.
"Father, we can sell it now!”
Jiang Chen then dragged his father into the exchange.
Because of the previous cooperation, Jiang Chen quickly contacted the last trader.
"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 Chen shook his head and smiled.
"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 Chen spoke again in Liuli'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 Chen shook his head with a certain expression, which 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?”
"Lever short!"
Jiang Chen 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 Chen 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 Chen laughed as he took the silver dollar certificate from his father.
"Rubbers!"
Smith's brows twitched uncontrollably.
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 Chen nodded.
Then, Smith rushed to settle it.
As for Jiang Yuanhua, he watched his son quietly the entire time 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 Chen smiled.
"Good!"
Jiang Yuanhua replied.
The father and son walked out.
However, at this moment, a familiar voice reached the ears of the father and son.
"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 Yuanhua opened his mouth in shock.
Jiang Chen's expression became strange.
"Sister-in-law, why did he come here?”
Jiang Yuanhua's expression was a little unsightly, and his figure even seemed to indicate that he wanted to walk in.
However, Jiang Chen stopped her.
"Father, it's better not to stop auntie from getting rich!”
A voice with a hint of a smile opened.
...........
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