Chapter 2193 2195【Prophecy】
Enter 1987.
??Wanbang Group has invested in a number of pieces of land, all of which will be used to build large-scale housing estates, with an estimated profit of more than 2 billion Hong Kong dollars.
Hong Kong’s stock market was extremely prosperous this year.
?Since the official opening of the Hong Kong Stock Exchange on April 2, 1986, the Hong Kong stock market has ushered in a new stage of development.
The opening of the Hong Kong Stock Exchange has ended the Four Sessions era, which was characterized by chaotic price calls, vicious competition and backward technology in various stock exchanges. It is of great benefit to the development of the Hong Kong stock market.
After the opening of the Stock Exchange, the trading volume of the Hong Kong stock market increased significantly. From the previous daily transaction volume of only 200 million Hong Kong dollars, it has quickly skyrocketed to more than one billion Hong Kong dollars.
Hang Seng Index also rose from 1,600 points in 1986 to 2,500 points by the end of the year. The total market value of listed companies has also surged from HK$250 billion to HK$415 billion.
The share prices of all listed companies have increased by an average of 50%. Real estate stocks, in particular, are highly favored by investors. As a result, the market value of Wanbang Group is close to HK$20 billion.
The book funds of major, medium and small shareholders have increased several times, so they are naturally more and more satisfied with Xiang Nan.
…
?However, Xiang Nan knows that misfortune lies on the back of good fortune, and good fortune lies on the back of misfortune.
It is not normal for the stock market to be so prosperous.
The market value of many stocks is obviously high, higher than the actual value.
But stock investors don’t know this. They chase the rise and the fall. When they see the stock rising so well, they buy it in large sums without caring about its actual value.
This also makes the stock prices of those companies extremely outrageous, and the false enthusiasm is too great.
?The current phenomenon is like a Ponzi scam, beating the drum and spreading the flowers. When the stock price rises so high that no one can take over, the stock market will crash.
At that time, I don’t know how many people will be ruined and completely ruined.
In the show and in real life, there was a big crash in the global stock market.
?However, although Xiang Nan knew it, he did not tell others.
Because he knows that the crowd is blind.
?At this time, let alone sounding an alarm, even if he punches and kicks, it will not stop these people from investing.
?Back then, Fang Jinxin wanted to single-handedly curb the overheating of the stock market. As a result, not only did he fail to prevent the stock market from crashing, but he went bankrupt and his family became impoverished.
So Xiang Nan would not do such a stupid thing.
If he does not take advantage of the opportunity to short-sell, he is already conscientious.
…
In March, after Little Jude went to the hospital for a check-up, her heart disease was almost completely cured, leaving only some minor problems with irregular heartbeat.
So Xiang Nan and little Judah were thinking about having a child.
In May, after two months of preparation, little Judah was finally pregnant.
This makes the Fang family very happy.
“Okay, Zhanbo, the Fang family finally has a heir.” Sister Ling said happily.
“Congratulations, brother, congratulations, brother~” Fang Fang, Fang Ting, and Fang Min all congratulated.
Long Jiwen was very happy for her when he heard the news that Little Jude was pregnant.
“Okay, Xiaomei, I really want to congratulate you.” She said with a smile, “How wonderful it is to have a baby. I almost envy you.”
"Then you should hurry up and find one." The little Jew said with a smile, "There are so many boys chasing you, don''t always reject them." Long Jiwen is young, beautiful and wealthy. He is also Xiang Nan''s secretary and works in the Wanbang Department. She is regarded as a close minister who is inferior to one person and superior to ten thousand people, so naturally there are many young talents pursuing her.
?However, Long Jiwen didn''t love anyone, and his heart was all about Xiang Nan. In the past two years, I have rejected many people.
Seeing what little Jude said, Long Jiwen smiled and said nothing.
…
In June, news came from Qingshan Hospital that Ye Tian had suffered from brain cancer and was blind.
?This made Xiang Nan very sad and told the doctor to take good care of him.
Make the last stage of his life as comfortable as possible.
…
At the end of September, Xiang Nan told Chen Taotao, "Taotao, let go of all the stocks in your hands. I am not optimistic about the current market."
“What, what do you think?” Chen Taotao asked curiously.
“I suspect the stock will crash.” Xiang Nan explained to him.
“Crash?!” Chen Taotao was startled, “No way, how is it possible?”
“Very possible. According to my calculations, the Hang Seng Index should be around 3,100 points now, but now it has been speculated to 3,800 points, which is 700 points higher.
As for these dozen or so stocks, the stock prices completely exceed their actual values. Originally it was only worth a few cents, but now it is worth seven or eight yuan. Xiang Nan looked at him and asked, "Do you know what this looks like?" "
“What?” Chen Taotao asked doubtfully.
"The 1973 stock market crash." Xiang Nan nodded and said, "Taotao, the situation during the 1973 stock market crash is exactly the same as now. You must seize the time to exit, otherwise, I estimate you will suffer heavy losses."
"No, no matter how you look at it, it doesn''t look like a stock market crash is going to happen. My friends on Wall Street didn''t warn me either." Chen Taotao was still doubtful.
"Taotao, don''t always be superstitious about Wall Street news. They are not omniscient and omnipotent gods, and they will sometimes fail in judgment. Otherwise, there would not have been the stock market crash in 1929." Xiang Nan waved his hand and said, "Okay, since you If you don’t believe that a stock market crash will happen, then I will analyze it carefully with you.
First of all, since 1983, the economy of the United States and even the West has been developing well, which has supported the continued prosperity of the stock market. The stock market index has tripled. However, you should also note that the growth rate of the Western economy has slowed down this year, which has supported the continued prosperity of the stock market. I can’t live with the current stock market.
Secondly, the U.S. government deficit and trade deficit have hit new highs, which will also shake capital’s confidence in the U.S. stock market and lead to withdrawals of capital. Finally, the increasing trade frictions among Western countries have also affected the stability of the world economy and stock markets..."
Xiang Nan inherited Chu Tiankuo''s financial investment knowledge, and the 1987 stock market crash, as one of the most serious stock market crashes in the last century, occupies a very important section in the textbooks, and its causes and effects have been thoroughly analyzed. .
Now that Xiang Nan has told Chen Taotao exactly what he said, it is natural that his words are meaningful and targeted.
…
?Hearing Xiang Nan present facts, show data, and talk about logic, Chen Taotao originally refused to believe it, but at this moment he had to believe it.
??If there is only one or two pieces of evidence, it is not enough to confirm that a stock market crash is about to occur. But when too much evidence comes together, the stock market crash becomes an inevitable event.
"In that case, Zhanbo, this is a good opportunity for us." Chen Taotao said excitedly, "We can take advantage of the opportunity to go short, and we are going to make a fortune."
Under the stock market crash, everything becomes an ant. On the contrary, if he takes the opportunity to go short, he can make a fortune and become the richest person in Hong Kong in one fell swoop.
Xiang Nan waved his hand and said, "Our Fang family will not make this kind of money. My father died due to the stock market crash that year."
Chen Taotao nodded to express his understanding.
Behind every stock market crash, there are countless people who have lost everything and have nothing.
“Then I won’t make any money either.” He said.
(End of this chapter)