HomeDream of Golden YearsChapter 2117: The Wealthy Madam and the Indebted Madam

Chapter 2117: The Wealthy Madam and the Indebted Madam

With the television series about to be broadcast, Luna needed to prepare for rapid expansion. Chen Xiliang had to handle this matter properly, so he had lost interest in sightseeing around Hong Kong. He made this special trip just to clarify everything with everyone. Knowing he still had substantial assets in Hong Kong, Old Chen was filled with enthusiasm!

Xia Xiaolan notified the shareholders and watched for opportunities to buy at the market bottom. The stock price could still drop further. As Hong Kong’s property prices temporarily declined, Xia Xiaolan seized the opportunity to acquire two floors of office space and three commercial properties.

For company investments, commercial office spaces and shops were preferable – they could appreciate while generating rental income and were convenient to manage. Purchasing apartment buildings wasn’t worthwhile unless buying an entire building; scattered purchases made little sense.

These properties were being sold by those who had suffered major losses in the stock market. Qihang Capital made a bold move by purchasing them all at once, spending 83 million Hong Kong dollars. Even after this, Qihang still maintained over 400 million Hong Kong dollars in cash reserves.

Xia Xiaolan instructed Zhang Bailun to watch for the right moment to bottom-fish. “When Lu Family Media drops below 5 dollars, buy as many shares as available in the market.”

Zhang Bailun nodded in understanding. He had thought Manager Xia had forgotten about Lu Family Media, but clearly, she hadn’t. The drop below 5 dollars would happen very soon.

On November 20th, the day Xia Xiaolan requested to close positions, Lu Family Media had briefly risen to 5.7 dollars. The next day it fell back to 5.3 dollars. Today, being the third day, Lu Family Media was at 5.1 dollars. Tomorrow, or the day after, the stock would certainly break below 5 dollars.

This time, Xia Xiaolan wasn’t planning to short or go long – she intended to invest for the long term. After the stock market crash, Hong Kong’s economy would gradually recover. Even if Lu Family Media couldn’t reach its peak of 22.3 dollars per share in the next year or two, the price below 5 dollars was still significantly undervalued.

Xia Xiaolan had 400 million at her disposal. She decided to start by purchasing 20 million shares. With 20 million shares, she would become a major shareholder… If the Lu family didn’t want her as a shareholder, they would have to buy back her shares at a premium above market price.

On November 25th, Lu Family Media dropped to 4.8 dollars per share. It was as cheap as cabbage. Zhang Bailun began buying in small quantities, careful not to create too much market activity. Buying hundreds of thousands of shares at once was out of the question – that would only help the Lu family drive up the share price. The price could rise, but only after Qihang had acquired its initial position.

Ji Jiangyuan had already returned to the university to end his leave. He had taken a month-long leave, and if he couldn’t produce a substantial thesis upon returning to school, he would likely face departmental criticism.

It had been a rare opportunity to personally experience Hong Kong’s stock market crash this month. Ji Jiangyuan’s classmates were mostly still buried in their studies, oblivious to the outside world, completely unaware of Hong Kong’s severe stock market crash. Information didn’t travel that quickly, and mainland citizens had no concept of stock trading. Even the students at Tsinghua’s Economics and Management Department could only learn about it from textbooks – after all, the mainland didn’t have a stock exchange yet!

Upon returning to school, Ji Jiangyuan not only returned the 3,000 yuan to Xiong Baiyan but also gave him an additional 10,000 yuan. Xiong Baiyan was completely bewildered.

“Take it, I made it using your money,” Ji Jiangyuan said.

What? Made money? So the extended leave wasn’t because Ji’s mother’s condition had worsened, but because Ji Jiangyuan had profited from Hong Kong’s stock market crash?!

Xiong Baiyan sucked his teeth and said, “Old- no, no, Brother Ji, I can’t take this money. Next time something like this happens, could you take me along?”

Wasn’t witnessing it firsthand more valuable than 10,000 yuan? When would the professional knowledge learned from textbooks ever be put into practice without real experience?

Ji Jiangyuan pushed the money forward, “I’ll take you if there’s a chance, and you should keep the money – the two aren’t mutually exclusive. If you want to go to Hong Kong with me to gain experience, how can you manage without money? Everything there requires money – food, accommodation, everything!”

The former Ji Jiangyuan had never considered money matters. Only after falling out with Ji Ya and deciding to become financially independent did he understand the weight of “money.”

Earning money independently made spending it feel more justified. Money itself wasn’t good or bad; it depended on how people used it.

He had once earned 100,000 US dollars through stock trading, and when Ji Ya faced a financial crisis, he repaid his debt of gratitude for raising him by giving her the entire 100,000 US dollars. It was about fulfilling his responsibility and maintaining a clear conscience. Once given, Ji Jiangyuan had no regrets. He could earn another 100,000 US dollars, it just required waiting for the right opportunity.

This time, even without following Xia Xiaolan in shorting Lu Family Media, he would have still chosen to try his luck in the Hong Kong stock market after learning about the three consecutive days of decline in the US market. However, without the margin loan from Xia Xiaolan, he wouldn’t have been able to earn over 3 million Hong Kong dollars.

To Xiong Baiyan, Ji Jiangyuan’s experience was already legendary. Xiong Baiyan felt too embarrassed to ask how much Ji Jiangyuan had earned, but since he could spare 10,000 yuan, it must have been considerably more.

Xiong Baiyan’s imagination was still limited – he boldly guessed Ji Jiangyuan might have earned over a hundred thousand, unable to imagine the real amount required adding another zero. Naturally, he couldn’t guess that his classmate Xia Xiaolan had earned 400 million Hong Kong dollars during the Hong Kong stock market crash… with such achievements, she could teach at Tsinghua’s Economics and Management Department.

Well, better not to know – it would be too discouraging. Ji Jiangyuan felt he was truly kind!

Qihang Capital had closed its positions. Qihang Capital had profited over 400 million Hong Kong dollars! Qihang Capital made bold investments in buildings and shops – a female tycoon born from the stock market crash…

Xia Ziyu had spent half a month in the hospital just to protect her pregnancy, really not wanting to get upset again. But seeing these news reports, she felt extremely distressed.

Nearly 70 million Hong Kong dollars had just vanished. CR Investment was barely surviving; Xia Ziyu worried about paying next month’s salaries. This investment company operated independently from the Cheng Rong Group – since Du Zhaohui couldn’t reclaim it back then, Xia Ziyu naturally had to bear the profits and losses herself.

It took Xia Ziyu a full half month to recover some strength. Losing 70 million Hong Kong dollars at once – after ruminating on it for half a month, when she came to her senses, the pain and distress had multiplied.

She truly regretted not understanding how she could have become so caught up in gambling, seeing the market crash like that yet still betting all her wealth on one move!

Had Xia Xiaolan set a trap for her? Xia Ziyu couldn’t figure out how the trap was set – Xia Xiaolan hadn’t told her to buy Lu Family Media; she had decided to buy heavily on her own!

So, was it just her bad luck?!

Xia Ziyu spent half a month nurturing her pregnancy, grieving over her lost 70 million fortune, without the energy to investigate whether Liu Fen had died.

Seeing that Xia Xiaolan remained in Hong Kong without leaving, Liu Fen probably hadn’t died. This was another matter that angered Xia Ziyu – it seemed when one thing went wrong, everything went wrong.

And now, whether it was the Lu family themselves who leaked the information about her borrowing 30 million, the gossip papers that previously called her the “300 Million Rich Lady” were calling her the “30 Million Debt Lady”!

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