"Right, Dad."
"He even wanted to invite me to play in the stock market.”
Principal Wang added some information.
"Sure."
Mogul Wang nodded and said in a deep voice,"This person is extraordinary. You can learn a lot from him.”
"I'll arrange for someone to apply for a leave of absence from the University College London.”
"Now, the country is in a period of sudden change. You are already twenty years old this year.”
"In ancient times, one would tie one's hair and crown one's head to show that one has come of age and shouldered the burden of a family.”
"I only have you as my only son. I still need you to take charge of this huge Wan Da.”
"Dad!"
Hearing this, Principal Wang revealed a look of shock.
Mogul Wang was only in his early fifties this year. He was at the age where he was still strong and vigorous. Why was he talking about the issue of a successor?
"I know my own business. At most, it will be ten years.”
"You young people like to be independent and unwilling to take over your parents 'work.”
"Now, there are many opportunities in the country. You can walk around and try again.”
"It won't be too late to talk about it when you feel that you have the ability to enter Wanda.”
Mogul Wang didn't make a firm decision. Instead, he gave Principal Wang a chance to choose.
"Yes, sir!"
Principal Wang nodded seriously, his cynical face looking very serious.
..........
The next day, 9 AM.
Yanjing, China Merchants Security, VIP room.
"Young Master Tang, Young Master Wang."
"Your funds have all been transferred to the bank card. You can deposit money at any time.”
Zeng Meiyan, the stock manager in a gray office dress, had a smile on her face as she handed two cards to Tang Tian and Principal Wang.
China Merchants Security was a financial enterprise under the China Merchants Bureau for a hundred years. It was one of the few Class A and AA-level security companies in the country. It also had many branches overseas. There was even China Merchants Bank on it, which could directly transfer funds, making it more convenient to operate.
"Old Tang."
"How much did you put in?"
Principal Wang looked at Tang Tian curiously as he took the card.
"Not much, 50 million!"
Tang Tian replied indifferently.
"I'll throw it!"
Principal Wang was dumbfounded. 50 million, this is the small game you mentioned?
He thought that Tang Tian was just testing the waters, so he didn't ask for money from his family. At most, he took eight million yuan as pocket money.
However, he did not expect Tang Tian to take out 50 million. This was half a hundred million. For a rich second-generation heir like him, it was not a small amount.
"Are the traders I asked for ready?”
Tang Tian glanced at Zeng Meiyan and asked.
"Young Master Tang."
"We've already arranged for professionals to be in charge of your and Young Master Wang's investments.”
Although Tang Tian and Principal Wang had invested a total of 58 million, Principal Wang's identity was enough to make China Merchants Security put in 120,000 yuan.
Wanda Group had always been a big customer of China Merchants Bank, and China Merchants Security was considered a younger brother of China Merchants Bank. How could they dare to offend the crown prince of Wanda?
Staring at the beautiful young woman in front of him, Tang Tian said word by word,"I know that the domestic stock market uses at most five times leverage, usually only one to two times.”
"But I need ten times the leverage. I'll give you five minutes.”
Boom!
As soon as he finished speaking.
Zeng Meiyan, the manager of China Merchants Security, turned pale.
If the principal was insufficient, the method of capital allocation would be used. This was also commonly known as leverage. This was a common practice among financial practitioners at home and abroad.
In foreign countries, the leverage for foreign exchange trading was generally 1:100, while the maximum for futures trading was 500. The stock market was usually only 100 times.
Because the domestic stock market was not perfect, they could only buy more (buy up) and not short. Even the leverage of the stock companies had dropped to one or two times. Only those with strong capital chains or large enterprises that knew their destiny could use more leverage.
There had never been such a precedent in the country. She could not make such a decision at all. She could only throw herself out of the big guest room in a hurry and ask the person in charge.
"Old Tang, you…"
Principal Wang looked at Tang Tian in shock. Of course, he knew what ten times leverage meant.
If they used ten times the leverage, then their 58 million would become 580 million. There were too many possibilities, and the risk was immeasurable.
"Do you dare to bet?"
"Let's bet on this game. You can earn 20 Ferrari FXX.”
Looking down at the big screen below, Tang Tian revealed a towering posture, like an unstoppable dragon that was about to soar from the abyss.
This confident attitude infected Principal Wang. He gritted his teeth and said in a deep voice,"I believe you. Let's take this gamble."
Hearing this.
The corners of Tang Tian's mouth curled up slightly.
The reason why he pulled in Principal Wang was not only to borrow Wan Da's tiger skin, but also to get ten times the leverage. He also wanted to be on good terms with him.
Next, Tang Tian's industry would focus on emerging technology and the Internet. He did not want to participate in entertainment and e-sports, but he did not want to give this fat meat to others for nothing. Wanda had the country's number one Wanda cinema chain, and Principal Wang was the most suitable pawn.
"Da! Da! Da!"
The crisp sound of high heels came from downstairs. Zeng Meiyan, whose temples were soaked in sweat, replied breathlessly,"Young Master Tang."
"Our company can agree to the ten times leverage you proposed.”
"However, if the loss exceeds 10%, the position will be closed.”
"In addition, our company needs to collect a commission of 0.02% of the transaction price.”
"Sure."
Tang Tian was very satisfied with the conditions given by China Merchants.
Usually, domestic security companies needed to take 0.03% of the transaction amount as a stock trading commission. The investment company gave 0.02% of the transaction amount, which could be said to be very sincere. This was mainly because of Principal Wang and the Wanda Group.
"002019, 600837. What's the current price?”
"Young Master Tang."
The stock manager, Zeng Meiyan, got the exact news from the trader downstairs and immediately replied,"Xinfu Pharmaceutical opened at 10.23 yuan, and now it's at 10.25 yuan per share. The opening price of Haitong Security was 14.82 yuan, and the current price was 15 yuan per share.”
"Alright."
Tang Tian nodded slightly and blurted out without thinking,""30 million to buy Xinfu Pharmaceuticals. The remaining 20 million and Old Wang's 8 million will all be bought from Haitong Security.”
"This…"
However, Zeng Meiyan did not give the order immediately. Instead, she looked at Tang Tian and Principal Wang hesitantly."Young Master Tang, Young Master Wang."
"Since the restoration of trading on January 4th this year, Haitong Security has had ten consecutive trading limits.”
Before she could finish her sentence, the two of them already understood. She roughly meant that it was time for it to fall after rising so much.
However, what Zeng Meiyan didn't know was that Haitong's peak was 14 consecutive daily limit, creating a record for non-ST stocks.
Moreover, after the 14 daily limit, the performance of the stock was not over yet. After a slight adjustment, the stock price rose all the way to 68.53 yuan, the largest increase of 1081.55%.
Principal Wang looked at Tang Tian and asked for his opinion. Tang Tian did not say anything."Go down and do it."
"I hope this is the first and last time.”
"Yes."
Zeng Meiyan's heart skipped a beat and she quickly ordered her subordinates to buy two stocks.
At that moment, she sensed the pressure from Tang Tian's body as fierce as a prehistoric beast.
Perhaps for China Merchants, Principal Wang, the crown prince of Wan Da, had more potential than Tang Tian, but for her, neither Tang Tian nor Principal Wang was someone Zeng Meiyan could afford to offend.
This book is provided by FunNovel Novel Book | Fan Fiction Novel [Beautiful Free Novel Book]