Ji Jiangyuan had strong mental calculation abilities and was particularly sensitive to numbers.
Yu Li wasn’t bad either, but she couldn’t believe the numbers she calculated. Even after Ji Jiangyuan spoke them aloud, she still instinctively sought Xia Xiaolan’s confirmation.
“One hundred and four million, approximately. That’s about right. After all, with this morning’s crazy drop in the Hong Kong market, Lu Family News alone earned Qihang forty-eight million.”
On the 19th, Qihang had total paper profits of around fifty-eight million.
This morning, that paper profit figure had risen to 104 million!
This was a number Yu Li found hard to believe.
Calculating it this way: Xia Xiaolan held 50% of Qihang Capital’s shares. If she chose to close positions now, 50% of this 104 million would belong to her. This meant her promise to Du Zhaohui to take fifty million and return one hundred million next year – this small goal could be achieved just this morning.
From this afternoon’s market opening, the more severely the market fell, the more Xia Xiaolan would earn.
This was probably the ultimate example of getting something for nothing.
But without her, Du Zhaohui couldn’t have earned this “interest” either.
Up until now, Du Zhaohui had lent Xia Xiaolan fifty million, invested thirty million himself, and after deducting his costs, had profited eighty million – his money had easily doubled.
Of course, Xia Xiaolan wouldn’t repay so quickly. The agreement to borrow fifty million and return one hundred million was for one year, and she naturally wanted to maximize the use of this money. Even if she repaid Du Zhaohui after just three months, the interest definitely wouldn’t reach fifty million… even if Du Zhaohui agreed to accept less interest, Xia Xiaolan wouldn’t do it.
Unless Du Zhaohui urgently needed money and demanded early repayment.
If she didn’t need to repay immediately, based on her shares in Qihang Capital, she would have already profited fifty million.
Adding in Qihang Real Estate, the building materials store, and the electronic dictionary business, could her net worth barely reach one hundred million?
Thirty years later, China’s richest person once told young people: “Young people should first set a small goal, like earning their first hundred million!”
When this was said, over 99.9% of young people nationwide were spitting blood – how was a hundred million a small goal?
Of course, to a billionaire with assets over a hundred billion, a hundred million was indeed a small goal.
Xia Xiaolan didn’t think a hundred million was a small goal either. In her previous life, she had struggled for almost twenty years and achieved career status, but her worth hadn’t reached a hundred million. However, living again, changing from working for others to working for herself, after four years of rebirth, she had barely reached this “small goal”!
Xia Xiaolan was naturally delighted. What she was thinking now was that if wealth was the standard, she could barely qualify to apply for that high-level VIP membership card at the golf club.
She wouldn’t need anyone to bring her into that so-called high-level VIP members’ lounge.
She would qualify on her own… Of course, once she had a hundred million, she wouldn’t be so eager about some high-level VIP membership status.
Looking at it from this perspective, she believed she had chosen the right path.
Xia Xiaolan raised her hand:
“Don’t get too excited, everyone. Take a rest at noon. The market will change this afternoon.”
Of course, there would be changes.
It would continue falling.
Zhang Bailun was very certain this time.
What else could the Hong Kong government do to rescue the market in just a lunch break?
After all, borrowing two billion from the futures market hadn’t stopped the market’s downward trend, so it would just keep falling this afternoon.
Praying to God wouldn’t help – God was too busy right now to respond to his followers!
When the afternoon market opened.
The situation didn’t reverse.
The Hong Kong stock market’s fall was like free fall – uncontrollable, unstoppable, irretrievable!
The money Xia Ziyu and He Zhitong had added only delayed their failure from morning to afternoon.
Who could believe that after falling so much in the morning, it would still fall in the afternoon?
Who could believe that October 26th, after the Hong Kong Stock Exchange’s four-day closure, would welcome a Monday darker than October 19th?
Who could believe that on October 26th, the Hang Seng Index fell 1,121 points in total? From October 19th’s closing of 3,362 points to October 26th’s closing of just 2,241 points.
Ha, falling 1,121 points, a drop exceeding 33%!
How difficult it had been for the Hang Seng Index to climb from its initial 100 points in 1964 to nearly 4,000 points at its peak in October 1987?
Now, falling to 2,241 points in one day – this result would truly make investors jump from buildings.
The closing figure was actually after the Hang Seng Index had rebounded somewhat. At its worst point mid-session, both Xia Ziyu and He Zhitong were forced into margin calls.
Because their leverage had gotten out of control, they had no funds left to add margin deposits!
Xia Ziyu couldn’t accept this result. CR Investment’s over forty million capital plus the thirty million borrowed from the Lu family – a full seventy million Hong Kong dollars – hadn’t even lasted two days.
Xia Ziyu collapsed into her chair, her belly cramping.
Using all her strength, she could only say:
“…Take me to the hospital!”
Seventy million.
She once had seventy million.
Now it had all vanished into thin air.
The assistant frantically arranged for someone to take Xia Ziyu to the car. Director Xia had lost all of CR and her assets. But the assistant didn’t dare show any negligence – after all, she was still the Du family’s Fifth Concubine, carrying Young Master Du’s child.
Speaking of which, nothing could happen to the child in her belly. According to Young Master Du’s will, this was a “hundred million baby”!
After Xia Ziyu left, only He Zhitong and Lu Yunshi remained in the trading room.
The exchange naturally wouldn’t rush to make them leave.
As wealthy ladies who had just lost tens of millions and been forced out by margin calls, no one wanted to experience He Zhitong’s temper right now!
“Zhitong…”
Lu Yunshi’s mouth was full of bitterness.
By now, Lu Family News had fallen to 15.2 dollars per share.
If they had shorted, both He Zhitong and she would have made a fortune.
But they had gone long.
Lu Yunshi had only lost a little money, while He Zhitong’s sixty million had gone down the drain. Lu Yunshi didn’t know how to face her friend.
An hour ago, when He Zhitong was desperate about being margin called, she had called her family for money. The He family naturally wouldn’t give her any and even scolded her, saying Tang Yuanyue wouldn’t let his wife go without money – she should have been content as a wealthy wife instead of trying to play the stock market.
Playing stocks was one thing, but to take such large positions?
Losing everything and asking her family for help? The He family’s money didn’t grow on trees.
Those with family wealth in Hong Kong had all suffered losses in this stock market crash. Even if they didn’t own listed companies, they all held shares in other listed companies to varying degrees – already losing money themselves, hearing that He Zhitong had lost tens of millions, Father He was furious too, telling He Zhitong directly:
“The family already gave you your dowry when you married. The remaining money is all for your brother. Now you want to take your brother’s money to fill your hole?”
With such a foolish daughter, should they split the inheritance with her in the future?
Given to her, it would just be giving money away to others.
Better to leave all the family assets to Shi’en.
Father He had also been shocked – having such a foolish daughter made him vigilant, vowing to properly nurture his not-yet-twenty-year-old son He Shi’en!
He Zhitong was stunned because she had been directly told she had lost her inheritance rights to the He family fortune.
So He Zhitong sat dazed in the trading room for a long time, remaining in a stupor until the afternoon market close.
“Abby, I feel like I’ve had a dream.”
– A dream is false, and when she wakes up, nothing will have happened, right?