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Chapter 1714 Shrink

Due to the terrifying number of sell orders before the opening, and the world financial market has a wrong direction about the Internet industry, various reasons have caused the entire Nasdaq Index to fall sharply by 3.7% at the moment of opening, and the index fell to 5013.4 points!

Seeing the digital changes on the data terminal, Han Xuan was happy and a little frustrated, because compared with those capital tycoons who were not involved in specific operations, Han Xuan still lost a lot of money at this moment.

Although short orders helped him make a profit, the money he had lost in the Internet industry still evaporated a lot in this instant. During this Internet bubble crisis, Han Xuan himself also made great efforts, as if he could not wait to lose money, which is why he felt depressed.

Not exerting effort means greater losses. The reason why I was able to achieve such a high value some time ago was because there were too many bubbles in the Internet industry. The money was false, and it would inevitably hurt in the process of squeezing out the bubble. This is also impossible.

In the process of recovering funds, he has made a lot of money brought by the industrial bubble. Generally speaking, Han Xuan has made money in the past two years, but people are greedy, and Han Xuan is no exception. At this moment, he is fantasizing that it would be great if the bubble is burst late, and many companies' shares have not yet had time to cash out.

Then he thought that the good time to repurchase the shares sold some time ago was about to come. He made a lot of money out of thin air from the price difference, and he could also make real money this time. Han Xuan felt more comfortable and murmured with what he could only hear: "Crash, the better the collapse. When I sweep the stocks in the market, it will be my money in ten years and it will rise again..."

He is just comforting himself at this moment that the inflation rate of the US dollar remains at about 2.5% every year. One dollar today is about 1.38 US dollars in 2015. If calculated based on future purchasing power, all assets of the Han family exceeded one trillion US dollars as early as August this year.

Just like Han Xuan, the largest shareholder of the company, the mood of Anthony Executive, Old Charlie and others were also sighing. Every time the stock index fell, it means that the company and themselves lost a lot of money, and they also knew clearly that this was just the beginning. The Internet industry will fall to a terrible number in the stock market this time. Fortunately, Han Xuan had already quietly asked them to sell off the company's reward shares.

They understood that the little boss had shorted again, and this part of the profit belonged to Star Investment. Han Xuan owned 100% of the shares of this family office, and the profit generated had nothing to do with them. However, there were almost no fools present. Some of them invested on their own after they had money, and some opened their own factories. Some executives even switched jobs to start their own businesses after making money from Xueshan Group. However, compared with other companies, there were very few people who switched jobs from Xueshan Group. Most of them had old employees who followed Han Xuan to fight against the country since the beginning, and had an indescribable feeling for this company.

As long as he can ensure that his side job does not affect his current job, Han Xuan is too lazy to care about those things. He is a very wise boss and understands that if he forcibly stops, the result will be that he will lose an excellent executive, so he can get the guarantee that they are not distracted.

For example, executive Anthony founded his own family office. When the boss asked someone to help manage his finances, this time he took Han Xuan's ride-sharing to short the Nasdaq index, he would definitely make a big profit. However, the business empire that he had worked hard to build collapsed at this moment. I still felt uncomfortable when I saw the stock price of the destiny browser department falling by as much as 4.8%.

Old Charlie's executive was even more uncomfortable. These companies grew up from him. As the CEO of Hope Group, except for the unlisted research institutes, companies and other departments, all listed companies are green at the moment. Blueberry Group evaporated $40 billion in two minutes. Han Xuan's value instantly shrank by more than 10 billion because of this company.

When he saw the data of Blueberry Group, Han Xuan almost couldn't breathe. He just stood there and found a place to sit down before he felt a little more comfortable. He took a clean cup to pour water for himself to relieve the discomfort.

Anyone who suddenly lost more than $40 billion in two minutes would probably be in a state like him. The losses caused by Cisco and Blueberry stocks combined are as high as about $20 billion. This is probably the figure handed over to the US Treasury Department last year. More than 800 Gulfstream private business jets were gone!!

Looking around, the screen of a few temporarily installed terminals was red, and all Han Xuan's industries were wiped out without exception. He no longer knew how much money he had lost. Even though he had made mental preparations a few years ago, when the Internet stock market crash really came, he still couldn't help feeling panic. He had never experienced such a tragic situation before, and the wealth on the books was also money!

The London Stock Exchange has not yet ended. The index has declined again due to the influence of the United States. However, due to the relatively few Internet industries listed on the London Stock Exchange, the situation is not as bad as the Nasdaq market. Compared with the decline of the Nasdaq index, the situation on the U.S. Stock Exchange and the New York Stock Exchange are not that fierce. Affected by the Nasdaq market, the index decline is also as high as more than 2.3%!

On October 19, 1987, the biggest collapse in history broke out in the New York stock market. The Dow Jones Industrial Average fell 508.32 points in just one day, a drop of 22.6%!

Due to the lack of circuit breaker mechanism and limits on rise and fall, many millionaires became poor overnight, and this day was also called "Black Monday" by the American financial community.

Han Xuan still remembered that day, like the stock market crash decades ago, people lined up to jump from the Empire State Building and the Brooklyn Bridge. The dark clouds enveloped the entire United States. The richer the city, the darker it was. Montana's Snow Mountain Ranch was calm because most of the locals were poor, so there was no money to go to stock trading.

Affected by this incident, on October 19, 1988, the U.S. Commodity Futures Trading Commission and the Securities and Exchange Commission approved the circuit breaker mechanism of the New York Stock Exchange and the Chicago Mercantile Exchange.

According to relevant regulations at the time, when the S&P index fell by 7% in a short period of time, trading in all securities markets in the United States will be suspended for fifteen minutes.

After all, the Internet is a new industry, and its influence on other industries is limited, and it is still far from letting the US stock market enter a "circuit break" state. The decline of the Nasdaq 100 index alone is not enough to put the entire US stock exchange in a state of cessation. The reason for the creation of the circuit breaker mechanism is mainly to calm down the market.

Now there is no time for the market to calm down. The Nasdaq Stock Exchange is in an extremely crazy state. Watching the real-time screen on the exchange through the screen, no one can calm down, and no screen showing data is green. Today, the Nasdaq Stock Exchange is red! The screen reflects all the people on the scene in red!

Han Xuan clearly saw several investors or the owner of a financial company who fainted because he fainted. The current chairman of the Nasdaq Board of Directors Mr. Bernard Madoff, who urgently held a press conference, and he learned about Soros' phone number.

Now is not a good time to calm the market. Long pain is worse than short pain. Han Xuan gritted his teeth and called the executive Anthony to the side and told Anthony: "Mr. Madoff's fund company is using the Ponzi scheme to absorb funds. Now let the police arrest him. Remember to keep it confidential and don't involve yourself in this matter. He is not clean, and it involves a group of senior politicians from the Tax Bureau and the Finance Bureau."

Executive Anthony, who heard about this news, was startled. He knew that Madoff had absorbed 20 to 30 billion US dollars, and quickly asked, "Really?"

"Well, the news is very reliable. Although I'm sorry for him, the bad news is useful to us now." Han Xuan said cruelly.

The executive Anthony nodded to show his understanding. He hurriedly entered the room connected to the office, closed the door and went to carry out Han Xuan's arrangements. The others present were a little puzzled, but no one would be stupid to ask Han Xuan what was wrong. If they could know, there was no need to call Anthony to the side.

In his previous life, the lies Madoff made up were not shattered until 2008. Han Xuan indirectly helped many people. The old man who seemed to be a versatile person was actually full of bad things and quietly transferred many assets in the foundation. He accidentally learned that Madoff had anonymous deposit of $700 million to the Second Bank of Maldives. He learned that Madoff's approach was that investors voluntarily invested money into the stock market, which was a huge difference between being cheated by him. Not to mention that Madoff also tried to deceive Han Xuan repeatedly, even his old man and Guo Muzhou were harassed by him.

In order to make the Nasdaq Stock Exchange more chaotic, he had to sacrifice Madoff. He has not meddled with other people's business over the years and Han Xuan thought he was interested enough. Judging from Madoff's approach, he should have been punished, so he did not feel much guilt.

From the opening of the market to now, the Nasdaq 100 Index has fallen by 4.53% in less than ten minutes, and has long fallen below the 5,000-point mark. Since Han Xuan, Soros and others have tried to short the index, of course, some people do not want them to succeed and keep their profits.

Therefore, many interest groups from all over the world are now starting to make efforts, and no one wants to see their wealth shrink and try to compete with Han Xuan and others.

I found a large amount of capital inflows and ate the short orders that entered the market. Without further ado, Han Xuan said, his subordinates began to sell stocks with a low value according to the scheduled plan. Now is the best time to stop loss.

8)
Chapter completed!
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