Chapter 1144 Shrinking Turtle

night.

  The high-rise buildings on both sides of Wall Street Road are brightly lit.

   Affected by the bankruptcy of Lehman Brothers today, all the big and small financial companies on this street did not announce their get off work, but held an emergency meeting to discuss various plans for hedging, stop loss, and layoffs.

   Lehman Brothers' shocking fall, the monstrous waves formed not only dealt a heavy blow to the market, but also made countless colleagues feel a biting chill.

   Even people who are optimistic about the financial crisis will not be able to say the words "the crisis has been passed safely" and "all risks are controllable" at this moment.

   Now the whole industry is holding meetings, and Envision Capital is no exception. A group of executives including Liu Hai, Jiang Ping, and Abel gathered in the conference room of 40 Wall Street Building.

  Compared with other company executives who are overwhelmed, the executives of Vision Capital are much more relaxed.

  Liu Hai also opened a bottle of champagne and poured a glass for every executive present.

   Everyone drank champagne and chatted and laughed, and the meeting was very pleasant.

   "After two years of hard work, it's a success, come, let's drink this cup together!"

   Seeing the big boss Xia Jingxing raising his glass, all the executives also raised the glass in their hands, and everyone's face was full of joy.

   Today is a very dark day, but for other companies.

   For Vision Capital, today is a bright day full of harvest joy.

  From underlying stocks and stock options to indices and index options, all teams and investment portfolios of Vision Capital have made profits across the board!

   had the best one-day record ever!

   Today’s investment profit alone can catch up with the previous year’s profit.

   All financial stocks that were shorted plummeted, the three shorted stock indexes plummeted, and the value of put options bought at low prices skyrocketed...

  The US stock market is like a dam that opens the floodgates, the silver of the white flowers flows out crazily, and then flows into the pocket of Vision Capital.

  Whether it is Liu Hai, Jiang Ping, or other executives of Vision Capital, they have never seen such a terrifying speed of making money before, and I am afraid that the money printing machine will not be able to keep up with the crazy printing of money.

   After taking a sip of wine, a blush appeared on his bangs, not because he was drunk, but because he was too excited.

   He said with a bright smile: "Lehman is wonderful, looking at this situation, the market will fall tomorrow, the day after tomorrow, or even this week."

  Jiang Ping nodded with a chuckle, "The bad effects of Lehman's bankruptcy have already been revealed, and today the European Central Bank has announced an emergency injection of 30 billion euros into the commercial banking system!

  People on Wall Street are panicking now, and everyone is guessing who will be the next institution to fail? Goldman Sachs? Morgan Stanley? Citi? AIG?

  Under the influence of this pessimism, a large number of institutions began to sell assets. If the evolution continues, the market may usher in a major crash.

   Unless the government directly intervenes, the stock market crash is already imminent. "

  Abel frowned slightly, "Although the U.S. financial market has always advertised freedom, when it comes to such a big thing, the government will definitely try to intervene. It is impossible to let the market continue to deteriorate and lead to an economic recession."

   "If you want to save the market, you need at least hundreds of billions of dollars."

   "The government doesn't have that much money!"

   "Just print money, the dollar can transfer damage to the world anyway."

  …

  Xia Jingxing smiled and watched the senior executives discussing. I have to say that everyone still has the ability to see, or that the old beauty's financial crisis has already made everyone aware of it.

   Although it hasn’t happened yet, everyone has basically expected what will happen next.

   After patiently listening to the views expressed by the executives, Xia Jingxing looked at them and said, "Whether the government will directly intervene in the future, we have to change our trading strategy.

   In other words, we are going to start closing the network one by one.

   From today, a large number of institutions have begun to short financial stocks and stock indexes on a large scale in order to make up for losses.

  When too many people are staring at a business, it means that the business is about to become a chicken rib.

   We have a large amount of funds, and if we rush to close our positions, there will be a lot of movement.

   Now there is a lot of money rushing into the market to sell short, we can just buy and close the position. "

  Liu Hai frowned and said, "Apart from the fact that Lehman's stock price has really hit rock bottom, isn't it too early for other portfolios to close their positions now?"

  Xia Jingxing smiled, "I didn't let you close the position immediately, you must choose a profit-maximizing plan to achieve an orderly exit.

   In the days to come, you must not take it lightly.

   Hundred miles, ninety-nine miles, don't fall into a duel on this last mile.

   Everyone will work hard for a while, and after the complete success, we will hold a larger celebration party. "

After    finished speaking, Xia Jingxing shook the cup in his hand, "Let's keep things simple now, just a small celebration in the office! Don't be too high-profile!"

  Everyone nodded and said yes, their originally excited minds had become sober after being beaten by Xia Jingxing.

  After the meeting, everyone else left, and Jiang Ping stayed alone.

   "Jing Xing... Some of my former Lehman colleagues lost their jobs. They found me and wanted me to help... They are still capable, but Lehman went bankrupt... In fact, it's not entirely up to them."

  Jiang Ping was a bit ill-spoken and hesitant to speak, but Xia Jingxing still understood what the other party meant.

   "No problem, you ask them to come over for an interview, and you'll be hired if you pass! Lehman's collapse is not someone's responsibility, of course, with the exception of Fuld, I can't pay his salary."

  Jiang Ping smiled, "How could I know Ford, he is a big man, and some Chinese and overseas Chinese friends entrusted me to help.

  If we don’t accept them, they may have to go back to China to speculate in A-shares. Now all Wall Street companies are laying off staff. "

  Xia Jingxing smiled slightly. There are many Chinese people on Wall Street. Under the background of the financial crisis, many people are going to lose their jobs.

   However, Envision Capital is just a hedge fund, and the scale of its employees is much smaller than that of investment banks with thousands or tens of thousands of people.

   Therefore, even if Jiang Ping opened his mouth to ask for each other, he could not accept all of them according to the order, and he could only choose the best.

   After getting Xia Jingxing's affirmative answer, Jiang Ping'an left.

  Xia Jingxing called Liu Xiaoduo and asked her to turn on the video conference system.

   Soon, Ye Shuhui's figure appeared on the big screen on the wall of the conference room.

   "Xia Sheng, good morning!"

   As soon as the words came out, Ye Shuhui realized that she was wrong, and laughed loudly: "I almost forgot the time difference, it should be night over there?"

   At this time, it is daylight saving time, and Hong Kong Island uses Beijing time, which is 12 hours ahead of New York.

   In other words, it is already ten o'clock in the morning on September 16 on Hong Kong Island, and Hong Kong stocks have already opened for half an hour.

   Without wasting time, Ye Shuhui quickly started talking about business.

   "Affected by the news of Lehman's bankruptcy, the Hang Seng Index plummeted 5.44% as soon as the Hong Kong stock market opened this morning. Yellow River Industrial, Lai Kee Whampoa, and Lai Kee Telecom International all fell by more than ten points."

  Xia Jingxing nodded lightly and then asked, "Is there any new trend in the Li family?"

   Ye Shuhui shook her head, "No, I guess I was scared and didn't dare to act rashly anymore."

   "If I remember correctly, their 100 billion holding increase plan doesn't seem to be over yet?"

   "Yes, only 80 billion Hong Kong dollars have been increased so far."

  Xia Jingxing pondered for a while, guessing that the old thing might be a tortoise next.

   If the tortoise indents its head into the shell, how will it fight? Burn with fire? Or use a steel ball?

   Today, the whole person is too tired and lethargic, so I went to bed early, I will make up for it tomorrow, don’t blame everyone! A little more tomorrow, everyone, let’s rest early and stay up late.

  

  

   (end of this chapter)