Chapter 77

  This bold broker, about twenty-five or six years old, medium build, slender, with clear eyebrows and eyes, had a deep blue suit hanging loosely on his body as he trembled with excitement. Cheng Shigui glanced at the other brokers, who were all secretly watching the two of them, waiting for the president's decision. Unexpectedly, he smiled slowly at this time, "Yuan Lang, right? Great! You are currently the first employee to dare to stand up and question the company. I really appreciate your courage in thinking about the company. From now on, your salary will be increased by 20%."

  Cheng Shiguang smiled lightly, dazzling everyone in the office, regardless of gender. It turned out that the president's smile was so captivating.

  "Thank you, Director Cheng." Yuan Langzhen said calmly, he didn't expect that a single instance of 'offending words and straightforward advice' would bring such unexpected gains.

  "But now as an employee, follow orders and return to your own workstation. Immediately! Gu Kongheng pointed." said Cheng Shigui.

  "Yes." Other agents also returned to their posts, a flurry of keyboard clacking sounds rising and falling.

  During the daytime Hong Kong stock market closing, there was a slight decline because it was sold short at the current price in the middle of the disk. The Hang Seng Index contract did not see much profit or loss for the time being. These people executed the overnight order from General Cheng, but their eyes looking at the general were clearly worried, and they didn't know what the situation would be like when the New York stock market opened in the evening.

  Fang Mo was eating takeout with a calm and contented expression, the computer screen displayed the time as October 16th at 8:00 PM, which was 10:00 AM Eastern Standard Time in New York, and the stock market on Wall Street had already opened. Everyone in the office hadn't left yet, continuing to fight on the front lines.

  As the end of September and early October, a large amount of funds arrived one after another. Cheng Shigui announced that all transactions would be suspended pending further instructions. The same instruction was also received by Ou Guoren in Europe, Yang Fan in Japan, and Allen in the United States. Everyone was guessing that something big was going to happen.

  "Alright, I'm Fang Mornan. From now on, sell out YM (Dow Jones Industrial Average) contracts, all accounts start at the same time, and all transactions are executed at market price!" Fang Mornan picked up the phone and slowly gave the order, also giving the same instruction to Xiaoyi.

  Cheng Shigui walked out after hearing it and issued an order, and the office became busy again.

  The wait was long, watching the index slowly crawl up bit by bit. The brokers were terrified, staring at the screen with their mouths agape. Several of them couldn't help but pull out tissues to wipe away the sweat on their foreheads and faces. They looked up at the tightly closed door of the CEO's office before continuing to work.

  After coaxing two treasures to sleep, he came to Cheng Shigui's back and asked, "How is the market?"

  "It's still rising!" Cheng Shigui said, "The loss is not small now, Allen is under more pressure than me, and must be more anxious. Hehe..."

  "It's all right, don't worry!" Fang Mo Nan said calmly. "Go and get someone to buy some supper, to ease the tension."

  The air outside the operating room was filled with suffocating tension, as if time had frozen. Although Cheng Shigui was worried, seeing Fang Mo's calm and composed demeanor also eased his own tense emotions.

  "Good!" Cheng Shigui ordered someone to buy back the midnight snack, and before he could take a bite in front of the computer, the index began to fall. "Fell." Cheng Shigui pushed away the table, hugged Fang Mosan for a circle, put him down, and rushed out again. Meanwhile, outside the window, on the New York stock market across the ocean, with each loud shout of "fell" from the brokers, it plummeted in response, and within less than an hour, it broke through the price at which they had short-sold, still continuing to slide.

  Fang Mengnan listened to the applause outside. By the close of trading on October 16th, it had fallen by over 100 points in just one day.

  It seems history won't change after all, it's really powerful. Fang Mo Nan secretly let out a sigh of relief.

  On October 19, 1987, the notorious Black Monday, global stock markets plummeted in a panic, leading to the emergence of a global financial crisis. This is something that anyone with even a slight understanding of the stock market knows about today.

  The reason lies in the fact that on October 16, the New York stock market led the decline, and after a two-day holiday, on October 19, 1987, the famous Black Monday, while Uncle Sam was still asleep, Cheng Shigui and other brokers were nervously guarding the operating room, staring at the screen without blinking. On this day, the Asian market, the Tokyo Stock Exchange's opening bell had just sounded, and stock prices plummeted. The Nikkei 225 index fell by 620 points, a drop of 14.9%; followed by the Hong Kong Hang Seng Index, which fell by 421 points, a drop of 11.3%, also setting a record for the largest one-day decline; the UK FTSE 100 index fell by 249.6 points to 2053.3 points, with investors losing ￡50 billion. The global stock market was subsequently affected, and suffered heavy losses.

  Cheng Shigui, Diao Rong, Yang Fan and Ai Lun were directing this scramble for money in these four places all day long, while the world was filled with wails of grief.

  Due to Cheng Shigui's big pen selling off, the index plummeted after the market closed, worse than the previous session. Cheng Shigui clapped his hands and said: "Everyone is tired, right? Take a break and fight again tonight! This month everyone will get double pay, and bonuses will be counted separately!"

  The trading floor of Longteng Company erupted in cheers, with over a dozen brokers and staff members, regardless of age or sex, hugging each other and dancing disco. The atmosphere was jubilant. In stark contrast, the scene outside was dismal and gloomy, except for the Cheng family, for a very simple reason.

  That night, everyone's eyes were fixed on New York, the last hope, all pinned on New York. Financial investors and speculators from all over the world looked forward to Uncle Sam single-handedly saving the situation, exerting his divine power, and reversing the tide!

  However, rescuing people from danger is not something that Americans have traditionally been keen on doing, they don't have such high moral integrity. On the other hand, kicking someone when they're down is something they often do, and they seem to take great pleasure in it. This superpower, which was only established two hundred years ago, is full of energy and vitality due to its youth, but at the same time, it lacks stability and maturity, and is instead prone to recklessness.

  The New York stock market did not become a lifeline for drowning people, but instead staged a "last madness". The bull market that had been maintained in the New York Stock Exchange for a long time plummeted on Monday, October 19, 1987. As soon as the stock market opened, the screens flickered and thousands of heads were gathered together. Suddenly, a strong wind rose from the ground, and the stock price plummeted rapidly. The air was stagnant on Wall Street, and the streets were filled with shouting voices. The horror that had been absent for half a century reappeared, and panicked investors rushed to sell their stocks. Within just three hours, the Dow Jones Industrial Average plummeted 508.32 points, with a drop of 22.62%. The total value of stocks lost in one day was staggering - twice the value lost during the Wall Street crash of 1929. In the chaos, stocks worth over $6 billion were sold off. The stock market's plunge triggered huge panic among investors in Western countries, and many millionaires became paupers overnight. Thousands of people suffered mental breakdowns, and some even jumped to their deaths.

  Compared with the excitement of the brokers in the trading room, Fang Mo-nan and Cheng Shi-gui were calmly sipping tea in the president's lounge.

  Cheng Shigui said, "After today's busy work, we have retrieved a total of 50 billion US dollars from all over the world. Adding to the original more than 30 billion US dollars, our current funds exceed 80 billion US dollars." He looked at Fang Monan's tightly furrowed brow, "Hehe... having too much money is also a worry."

  "Ah, troubles! What's lacking now is not money but influence. Without political power to back up one's wealth, it's just a piece of fat that can't last long."

  Fang Mo Nan's original intention was simple: relying on his past life's savings, after all, the old saying goes "Having money at home, no worries." It seemed like he had hit the jackpot.

  After thinking for half a day, Fang Mo Nan said: "We need to increase our efforts in infiltrating real industries and grasp some of this country's key industries. Only then can we have some say in this country."

  Cheng Shigui nodded and said: "The established direction remains unchanged, we will accelerate the implementation."

  On October 20th in the morning, the Hong Kong Stock Exchange made a historic announcement that it would be closed from October 20th to 23rd for four days to clear up a large number of unsettled trades. As a result, Cheng Shigui adjusted the working hours of Longteng Company, resting during the day and working at night, continuing to closely watch the US stocks.

  On October 20th Eastern Standard Time, New York stock market continued to plummet, in a state of utter madness.

  At 10 o'clock in the evening, Fang Mo Nan picked up the phone and said calmly and firmly, "Allen, close the position!"

  "Boss, isn't it still going down?" Allen shouted loudly over the phone.

  Cheng Shigui also looked at her with suspicion. "You can't underestimate Uncle Sam's economic strength, see a good opportunity and close the deal." "You think that in these few days of global mourning, countries won't take action, close the deal." Fang Mo'nan said to Allen on the phone.

  "Ah!" Allen responded with a single word, hung up the phone and rushed to the adjacent operating room to give orders.

  "We're holding steady here, Japan and London are also standing still, we'll close out the positions by month-end." Fang Mo Nan said to Cheng Shi Gui.

  In just a few days, Fangmengnan's asset size has grown to $100 billion, almost equal to the per capita GDP of a country. Moreover, this does not include the appreciation in value of the companies that Fangmengnan will acquire next month.

  Of course, all of this is now handed over to Cheng Shigui, Diao Rong, Yang Fan and Ai Lun. Her current task is to take good care of the children and stay at home to study well.

  "It's really rebounding in New York stock market." Cheng Shigui said, staring at the computer screen.

  It's Wednesday evening, after two days of sharp declines in the New York stock market, the government and financial giants, giant funds have intervened to rescue the market, and US stocks have seen a strong rebound.

  "Things will turn into their opposites when they reach the extreme, this is a common principle!" Fang Mo Nan smiled and replied to Yun Shan Wu Zhan.

  "Knock...knock..." The sound of knocking on the door echoed out.

  "Come in." said Cheng Shigui.

  "Cheng, we want to invite you to a bar for celebration." Yuan Lang said with embarrassment, daring to raise doubts when the president gave orders, he has now become the spokesperson for all agents.

  "Alright! It's time to celebrate properly. From tomorrow, everyone will have a five-day holiday and won't be back at work until the 26th... Hmm, this month's salary will be paid out in advance tomorrow, but double pay and bonuses will still be paid on the usual schedule. You go tell everyone."

  Yuan Lang smiled and backed away, Cheng Shigui turned around and entered the rest room. He stood at the door, raised an eyebrow and asked: "Going or not?"

  Fang Mo Nan shook his head and said, "Have fun, then."

  "Alright, do you need me to bring you something to eat?" asked Cheng Shigui.

  "It doesn't matter."

  "I won't be coming back tonight, I'll go home and take a bath and change my clothes." Cheng Shigui said as he walked out. After being cooped up in the office for several days, he wanted to go home and rest properly, relaxing his tense heart.

  In the blink of an eye, all the lights on the entire floor went out.