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Chapter 81 Plunge(1/2)

The weekly operation caused Zhao Shanhe to lose only 72 million US dollars, which also increased Zhao Shanhe's allies' confidence in him countless times.

Of course, this time, a short contract of $27 billion may be signed due to a desperate bet, which may cause huge losses.

However, as long as Zhao Shanhe is here, the money will be earned back soon.

With a deposit of one billion US dollars, the contract will expire at most half a month, which is enough for Zhao Shanhe to survive the crisis safely.

It has no trouble, the foundation is still there, and there is enough capital. It is easy for Zhao Shanhe to turn over.

On October 17th and October 18th, the farewell ceremony for the bodies of most wealthy families in Hong Kong and important staff from the Hong Kong government paid tribute to each other.

On the evening of October 18th, Zhao Shanhe and Li Yanhu did not sleep that night, so they arranged a convoy and prepared to set off to return home in the early morning.

In addition to some second and third generations from the big family, there were eight coffin holders who accompanied them back home.

There are four generations of big families, two representatives of the Hong Kong government, one of whom Zhao Shanhe had a good relationship with Zhao's mother when he lived in Wucun, and another one from the mainland.

The next morning, before dawn, the hearse carried three coffins and dragged a long convoy to set off.

At 8 o'clock in the morning, the convoy passed the checkpoint, and at 10:20 in the morning, the convoy arrived at the ancestral cemetery on the northern foot of Wutong Mountain in Zhao.

A team of monks and a team of Taoists performed the methods separately, and at 11:16, the infiltration ceremony was held.

Zhao Shanhe, who was holding the can, threw a brazier and dug the first shovel of soil himself.

Li Yanhu and Ruan Mei, who were following him, both followed Zhao Shanhe as their daughter-in-law and kowtowed three times.

Before the funeral ceremony was over, well-informed people who had received the news were in full bloom.

Today is October 19th, Black Monday.

The stock market was still calm in the morning, and it seemed that it was very calm whether it was the Nikkei Market or the Hong Kong Stock Market.

However, when the market was about to close at noon, there were big fluctuations, and countless sell orders directly suppressed the stock market, making people panic.

Zhao Shanhe was holding a funeral, and no one disturbed him, but the news had spread.

This is just the beginning...

At noon, Zhaowu Village held a village-wide water feast. For this reception, Zhao Shanhe arranged for Shao Yi to come a week in advance, purchased a large amount of ingredients, and invited three groups of masters from the countryside.

There were a total of 1,000 tables and chairs at the banquet, and there were only about 200 tables and chairs. They took turns to the table.

The guests from Zhao Shanhe and Xiangjiang were the first to serve the table. Zhao Shanhe toasted each other at the table. Before the whole circle was over, Zhao Shanhe was "drunk" himself.

In a small courtyard of a distant uncle, Zhao Shanhe, who was helped into the bedroom, told Luo Jinghua. "Whoever comes here says I'm drunk, don't disturb me. Tell everyone that I will mourn my mother for three days in my hometown."

Li Yanhu asked, "Ahe, are you hiding from someone?"

"Yes, I'm going to avoid people all over the world."

"Because of the stock market changes?"

Zhao Shanhe smiled and looked out through the window at the blue sky. "Now it's our turn to be anxious about our home."

Li Yanhu glanced at Ruan Mei, who was still a little confused, and said softly: "At noon, the stock market fell sharply, and today may reach a turning point. If the stock market continues to fall sharply, Ahe signed a $27 billion contract warehouse receipt, which will make a big profit."

Ruan Mei shook her head and didn't pay attention to these things. "Ahe, you went to bed last night, Mia slept and drank so much wine. Let's sleep for a while, I'll be there."

Li Yanhu pretended to be unhappy and said coquettishly: "I haven't slept, either, you don't feel sorry for me."

Ruan Mei was not upset with her. "You go and deal with those relatives and friends."

In Huiyang, Zhao Shanhe in the mainland is resting in a newly built farmyard, but in Tokyo and Xiangjiang, people are looking forward to the stock market not falling again in the afternoon.

As soon as the market opened in the afternoon, the Nikkei index plummeted and fell 620 points.

Affected by this, the Hang Seng Index also fell by 420 points, with a drop of 11%.

When the London stock market opened, the Financial Times Index fell 183.\n70 points, a drop of 10.8%, setting the largest daily decline in the UK stock market.

Now, everyone's eyes are on the New York stock market.

It was already dark and Zhao Shanhe had already gotten up, but he didn't see anyone. After eating something, he took his two girlfriends to the cemetery.

Many of the family members who came to the mainland with Zhao Shanhe had already left in the afternoon, but in the evening, more people passed through the customs and went to Huiyang to see Zhao Shanhe.

Mr. Huo was one of the coffin holders today. He left in the afternoon and returned to his hometown to visit relatives accompanied by government officials.

In a hotel more than 100 kilometers away from Huiyang, he had never slept and received news from his subordinates in New York.

"Mr. Huo, I'm in the Wall Street trading hall now, and it really exploded. At 9:30 in the morning, as soon as the New York stock market opened, the Dow Jones Index suddenly fell after a period of tremor, panic engulfed the entire New York stock market, and investors sold their stocks one after another, so urgently that they would not beg for the price.

Until the market was closed, the Dow Jones Index plummeted by 508.\n32 points, a drop of 22.\n62%, surpassing the record of the New York stock market plunge on October 29, 1929.

If the abstract index is converted into currency, this time the decline in New York stocks has caused the market to lose $500 billion in market value. This amount is almost one-eighth of the GDP last year."

In the hotel room, Mr. Huo hung up the phone and asked: "After Ahe sold out his stock last Friday, no one was arranged to buy it again today, right?"

"Today, almost everyone from his company came to the mainland, so naturally they didn't buy it."

Mr. Huo was silent for a long time and murmured: "Is it intentional or is it really delayed because of the funeral?"

No one can give him an answer to this question.

Huo Da laughed and said, "Why don't you call him and ask?"

Mr. Huo did not answer and asked again: "How many speculative stocks do we have in our hands?"

The subordinate said: "There are about 140 million US dollars left, but today I lost more than 15 million."

Mr. Huo nodded and called Zhao Shanhe's satellite phone number.

At this time, it was already midnight, and Zhao Shanhe had already returned from the mountain. Ruan Mei and Li Yanhu had already fallen asleep. He slept alone in another room next to him.

"Hello, Mr. Huo."

"Ahe, I still have a lot of stocks in my hands. What should I do now?"

"According to my judgment, this time will not last very short, and the decline will not be small. If you are not urgently using money, just put it there first, otherwise the loss will be significant."

"Ahe, if the contract of 27 billion US dollars plummets by more than 30%, your income will exceed 8 billion US dollars!"

Zhao Shanhe's eyes swept across a corner under a roof tiles and said with a smile: "According to my estimate, I will make a profit of about 10 billion US dollars. In addition to the funds for building the world's tallest building in Xiangjiang, I will invest the rest in the mainland."

On the other end of the phone, Mr. Huo was shocked for a long time and couldn't speak. "Is it all voted?"

Zhao Shanhe cleared his throat and said, "Old Huo, I always remember that I am a Chinese, so I naturally have to make my own contribution to the development of the country."

On the other side, a group immediately recorded the recording and sent the tape to the upper floor.

The next morning, Zhao Shanhe, who had just woken up, received a call from Fang Zhanbo. "Boss, the New York stock market is closed, it's so tragic!"

Zhao Shanhe smiled and said, "Don't be anxious, wait a few more days."

"I understand. Wait for you to come back."

Affected by the previous day, as soon as the Tokyo stock market opened the next day, it repeated yesterday's path. It fell 620 points the day before, and fell another 3,800 points on the 20th, with a cumulative decline of 17%.

The same is true for the Xiangjiang stock market. Although it did not fall much on this day, it was mainly because there were too many sell orders and no one took over. The market fell 12% on this day.

The stock markets in France, the Netherlands, Belgium and Singapore fell 9.7%, 11.\n8%, 10.5% and 12.5%, respectively, while the stock markets in Brazil and Mexico plummeted by more than 20%.

On October 21, the market in Xiangjiang was in chaos, and countless people jumped off the building due to losses. In order to stabilize the people's hearts, the Hong Kong government decided to close the market for four days.

But in other areas, the situation is not better than that in Xiangjiang.

For several consecutive days, people from the world's six major banks have entered the country through the Special Administrative Region, visited Zhao Shanhe, and consulted on the possibility of termination of the contract.

As investment guarantee banks, they are responsible for providing leveraged funds for the contract, and they will stop losses in advance when the other party may lose their positions at any time.

However, since October, Zhao Shanhe has consulted several times to terminate the contract (intentionally) but the opponent who signed the contract with him refused.

In order to ensure that the stock is not liquidated, Zhao Shanhe has invested nearly one billion US dollars one after another.

Last week alone, he paid more than 580 million US dollars in funds for this. If he hadn't withdrawn one billion US dollars from Nantou, he would have lost his position long ago.

Therefore, Zhao Shanhe politely but firmly refused the request and asked the other party to perform in accordance with the contract.

Now, global stock markets have plummeted by more than 20%. Zhao Shanhe's original stop loss line was 100, but since October, it has soared by 10% and turned into 110. He spent $900 million to replenish his position.

Now he suddenly plummeted by 20%, and the market is only 88. Now, he not only makes all his previous losses back, but his profits have also exceeded 1.3 billion US dollars.

Of course, because of his choice, he offended as many as 23 contracted counterparts this time, and his relationship with several investment banks became a little cold.

Next time I want to enter the overseas market under preferential conditions, the procedures will be very troublesome without their guarantee.

However, Zhao Shanhe would not care, because such an opportunity is once a lifetime.

He also needs this opportunity to become famous in one fell swoop, and he also needs to rely on this fluctuation to get enough funds.

As for the other party's huge losses or even bankruptcy, he wouldn't care.

As for the guarantee bank, as long as there is a profit, they will still pounce on it like dogs.

On October 22, Zhao Shanhe donated another million US dollars to Zhaowu Village to help the village build a nursing home, and will in the future bear the elderly care for the elderly over 65 years old.

Zhaowu Village has two villages in front and back, with a total number of less than 1,000 people and even fewer elderly people. This fee is not much, but it can make Zhao Shanhe’s reputation better.

After all, he is also from the Zhao family, and people must have a root.

On the afternoon of the 22nd, Zhao Shanhe decided to return to Xiangjiang. At this time, there were as many as forty-seven cars following him.

Except for the familiar family members, most of these cars are from major banks and major financial institutions.
To be continued...
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