home

search

Chapter 80: Astonishing Gamble

  Chapter 80: Astonishing Gamble

  Mr. Xu, what procedures are needed to enter the market? Yang Aiqian didn't understand anything about stock market operations.

  "Ah, boss, I forgot to ask, how much capital are you planning to invest?" Xu Xiangqian seemed to have only just remembered that Yang Aiqing had not mentioned exactly how much money he had prepared for this big venture.

  [5 million——] Yang Ai's expression didn't change in the slightest, with a hint of treating money like dirt.

  Yes, 50 million yen is enough to become a medium-sized customer. Xu Xiang nodded slightly, and his expression didn't change much in response to the number Yang Aifeng reported.

  Although he had helped some families in R country before, they were all medium-sized clients with funds of around 50 million yen.

  "No, Mr. Xu, you heard it wrong, it's Hong Kong dollars, not Japanese yen." Yang Ai corrected him.

  What? Is it Hong Kong dollars? 5 million Hong Kong dollars? Xu Xiang couldn't help but take a closer look at Yang Ai, his heart filled with shock.

  A 17-year-old boy can take out HK$50 million, in the 1980s Hong Kong, a rich family's son can take out ¥50 million to speculate on stocks, that is still acceptable, but the significance of HK$50 million is different. The exchange rate between US dollars and Hong Kong dollars is 1:2.5, so this HK$50 million is worth US$20 million.

  Yes, Mr. Xue, is there a problem? Yang Aiqian was still very satisfied with Xu Xiandai's reaction, which was also the normal reaction of a normal person.

  He is now short of top-notch talents in terms of trading skills, let alone someone like Xu Xiangqian who is familiar with the operation methods of R-country stock market.

  No problem, no problem. Xu Xiang said two "no problems" in a row, and his face immediately returned to normal.

  "Alright, let's go with the procedures then!" Yang Aiqian nodded secretly in her heart, very satisfied with Xu Xiangqian's quick recovery to normal reactions.

  Great! Oh, right, if it's $2 million, I can arrange a VIP room for you. Xu Xiangqian seemed to have been yearning for the VIP room for a long time and was excited.

  For a trader, being able to enter the VIP room and the VIP lounge is a definite yes, so he's a bit excited.

  When handling the formalities, Yang Aiqian secretly thought that choosing Xu Xiangqian was not a mistake, because Xu Xiangqian is the kind of practical and capable person.

  After everything was ready, Xu Xiang let Yang Ai fill in the account and signature for the transfer, and that's it, the account opening procedure was completed.

  However, Yang Ai directly took out 50 million Hong Kong dollars from the wealth ring and put it in a large black bag, handing it over to Xu Xiang to open an account.

  After all the formalities were completed, as Xu Xiang predicted, the Securities Trading Center arranged a VIP room for them - Room 808.

  "Let's go, we'll go in first and get familiar with the surroundings." Yang Ai pushed open the door and went in first.

  As soon as I walked into the VIP room, the good soundproofing equipment in the room completely isolated the hustle and bustle of the large hall outside.

  Sitting on the sofa, Yang Ai closed her eyes and began to rest, while Xu Xiang began to familiarize himself with everything inside.

  Boss, everything is ready. Not long after, Xu Xiang came to Yang Ai's side and replied respectfully.

  Then take a rest for now. Yang Aiqian said to Xu Xiangqian without even opening her eyes.

  He had actually calculated the time in his mind long ago. Now it's still over an hour before closing, so he's not in a hurry and wants to wait until near closing time to make his move.

  Seeing the boss was in no hurry, Xu Xiang took a seat and waited calmly for his instructions.

  At this point, with 40 minutes left before the closing bell, Yang Ai suddenly opened her eyes, stood up, stretched her waist and said: [Mr. Xu, do you know about the margin system?]

  Of course, this is the most basic common sense for a trader. Margin trading refers to when customers buy and sell foreign exchange spot contracts or futures contracts, they only need to pay a certain percentage of the contract value as margin, without paying the full amount. The profit and loss are determined by the contract, resulting in a leveraged effect on spot and futures transactions. Under this leveraged effect, if the margin is 5%, trading can generate twenty times the profit and twenty times the risk.

  Xu Xiang took a deep breath and recited the definition of the margin system in one go.

  Mr. Xu is absolutely right, I'm ready to short the Nikkei with a 5% margin, you can start operating now, directly hang out a $50 million order. Yang Aiqian's tone was very calm.

  "What? A $500 million order? Boss, do you know that if we do this, we'll be taking on twenty times the risk. What if... what if..." Xu Xiangqian really couldn't bear the impact from Yang Aifeng's words, this approach was no different from a high-stakes gamble.

  Mr. Xu, I completely understand your concerns, but risk and return coexist, trust me, the final winner of this gamble belongs to us. Yang Ai gave Xu Xiang a reassuring look.

  But... but... Xu Xiang couldn't think of anything to say.

  If Yang Ai lost this gamble, he couldn't imagine what the outcome would be and didn't dare to think about it.

  Don't worry, I'll take full responsibility for everything, and the consequences don't seem that serious to me. Yang Aiqian's expression remained unchanged, with no hint of wavering, as if he had made up his mind to take this huge gamble. But just as he said, the seemingly severe consequences didn't seem to faze him at all.

  Seeing Yang Aiqian's appearance, Xu Xiangqian felt very conflicted in his heart. He knew that if the market plummeted next Monday, Yang Aiqian would make a huge fortune. If it didn't plummet, he couldn't imagine the consequences. The more he thought about it, the more Xu Xiangqian felt that Yang Aiqian was absolutely not simple-minded. From the other party's current expression and tone of voice, it showed that they were extraordinary. Of course, in his subconscious mind, he didn't forget that Yang Aiqian was his boss.

  Xu Xiang stood still, his face changing unpredictably, sometimes showing a resolute expression and sometimes revealing a worried look. Yang Aiqian also remained silent at this time, knowing that Xu Xiang was making a choice. However, as time ticked by, he too began to feel anxious.

  After a brief moment of silence, Xu Xiang's face was resolute, and Yang Ai knew that he had made his decision.

  When making a decision, Xu Xiang thought for a long time. From getting to know Yang Aifen until now, although the time is not very long, but from Yang Aifen's various performances, he knew that the other party was not an ordinary person.

  Imagine someone who dares to take out $2 million to speculate in the stock market, and what's more, it's a plummeting Nikkei. There are only two possible reasons: either he's crazy or he has 100% confidence. But Yang Ai didn't seem like a madman at all, so Xu Xiang decided to help him. This was indeed a high-stakes gamble. He decided to lend a hand not only because of Yang Ai's uniqueness but also because of the gambler's mentality deep within his heart.

  Mr. Xue! Yang Ai asked with full of expectation.

  Boss, I'll help you, at worst I'll just die. Xu Xiang said with a gritted teeth.

  Thank you!

  Yang Ai took a deep breath, and simply said two words from the corner of his mouth. In fact, he wasn't afraid that the other party wouldn't help, but rather he didn't want to use that method. Because when he had asked Xu Xiangqian to be the manipulator at the time, the contract clearly stated a high penalty for breach of contract, so high that Xu Xiangqian couldn't afford to pay it.

  With only 20 minutes left before the closing of R Country's East Jing Securities Trading Center, Xu Xiang finally hung up a $500 million Nikkei futures contract for large-cap stocks. A $500 million order, which is nothing to the entire vast R Country stock market, like a grain of sand sinking into the ocean.

  Watching all of this, Yang Ai's hanging heart finally put down.

  According to memories of the past, on October 16th, today, the M country's stock market, after continuously hitting new highs, fell by 102 points. However, due to time difference issues, the M country's East Coast market opened later than other major financial markets. When the stock market plummeted, other financial markets had already closed and were not affected. Even the Ghanaian Accra Stock Exchange, which is synchronized with the New York Stock Exchange, was unaffected. The Russian RTS Index also did not suffer any impact due to the same reason and continued to show an upward trend on the 16th.

  However, after the holidays on the 17th and 18th, October 19th, which is Monday.

  As soon as the market opened in the morning, R country's Nikkei index plummeted and fell 820 points by the close of trading in the afternoon.

  On October 20, it fell again by 4,200 points.

  The cumulative decline over two days was 18.32%.

Recommended Popular Novels