Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 152 The stock market crash broke out

In May, a sudden rumor in the Shanghai stall concession was reported, saying that the boss of Nanyang Rubber Co., Ltd. was in urgent need of money and planned to sell all the Nanyang Rubber stocks he had in hand...

Before some people could think about whether this was true or false, Nanyang Rubber, which had basically lost the circulating shares on the Shanghai Stock Exchange, suddenly a large amount of circulating shares flowed in. In an instant, the entire Shanghai Stock Exchange became booming. Wang Jin tried to sell out the 20,000 shares, but was sold out in less than a cup of tea. His stock price did not fall because of the sudden large number of circulating shares, but instead rose several points in a short period of time!

Now, countless people with interest found Wang Jin's family through various tricks, hoping to acquire the Nanyang banana stocks he had. Wang Jin refused to accept this. As long as the other party had real money and silver, he would sell the Nanyang rubber stocks he had at the current market price. Among them, there were Chinese, foreigners, wealthy businessmen, compradors, and bank managers, and all kinds of people. Chen Qimei was not willing to take advantage of her and took a lot of stocks, which made Wang Jin so happy that he couldn't stop talking all day long.

The price of the rubber stock at Wang Jin's hand is so terrifying at the moment when the stock market is hot. After half a month of continuous selling, the stock price continues to soar. In Jardine Bank's private account, there are more than 20 million more oceans!

After inquiring, he found out that most of the Nanyang rubber stocks he had were taken down by Shanghai money shops. While secretly hitting the tongue, these guys were rich, he also felt a sense of pleasure in his heart. You guys should have a trap. To be honest, he wouldn't care about the life or death of these money shops. Who is clean?

In half a month, all Nanyang Rubber stocks were sold and exchanged for large amounts of funds, Nanyang Rubber Co., Ltd. also officially announced the change of ownership. As the saying goes, once the emperor is the emperor and once the minister is, Tang Ning, who changed the boss as the general manager, was naturally cleared. The guy was not discouraged, and turned around and ran to Australia with the large bonus given by Wang Jin.

Regarding the change of ownership of Nanyang Rubber Co., Ltd., some people regret that some people are gloating behind their backs. It is a pity that a celebrity company in the hands of Chinese people is gone, so there is no need to say much about gloating. They are all foreigners who have been suppressed by Nanyang Rubber. Now that there is no such thing as a master who can't get along with them at any time, how can you feel very happy?

Wang Jin would not be able to say anything else? After all the stocks at hand were taken, he immediately came to Pacific Investment Bank and discussed the operation after the "swallowing plan" with Wang Qingyuan.

"Congratulations to the boss, the boss will make a lot of money this time!" As soon as he entered the door, Wang Qingyuan came up with a smile.

"Where are, the main thing is that those who run money shops are too rich. Almost most of the stocks I have on hand are snapped up by them. I just don't know where they get such strong funds?" Wang Jin smiled and waved his hand, looking envious and curious.

"Where did it come from? Where else?" Wang Qingyuan picked up the teapot on the tea table, added tea to the cup and said angrily: "Let's borrow from those foreign banks!" He felt very uncomfortable. The boss placed all the stock returns in foreign banks. Isn't this slap him in the face?

"Haha, those money shop owners are really brave. Are you really not afraid of any changes?"

When he handed the steaming teacup to Wang Jin, Wang Qingyuan looked dissatisfied: "Do you think the bosses and managers of those money shops did not see the crisis contained in it? They just couldn't resist the temptation of high profits, so they took the risk of intervening in the stock market, thinking of making a big profit and then getting out. I just don't know how many of these money shops can still remain sober and get out in time when facing such temptation?"

Rearing on the sofa, Wang Jin sneered a trace of sneer on the corner of his mouth: "I think it's so beautiful, I'm afraid I can't get out of here."

Wang Qingyuan frowned and said curiously: "In my judgment, if the stock market changes, those money banks can decisively cut their losses and escape, at most they will suffer some losses and will not be at risk of bankruptcy. Boss, do you have other mysterious ideas?" This is also the main reason why he is not very enthusiastic about the 'swallowing plan' this time. How can you bet on your wealth with your wealth?

"Hehe, you don't understand some situations yet. You know, almost all Shanghai money shops are involved in stock market investments now. Is this normal?" Wang Jin sneered after taking a sip of strong tea.

Wang Qingyuan was stunned for a moment and asked strangely: "Even if all the money shops are involved in stock trading, they may lose a lot by then, but they will not go bankrupt, right?"

Wang Jin put away the smile on his face and said solemnly: "If the intervention is not deep, at most some money is thanks to some money, but these money banks are rushing to buy stocks in a crazy way. Can they be done with their own financial reserves? They must have misappropriated depositors' deposits to participate in stock trading. If everything is normal in the stock market, there is nothing wrong with these money banks, if these money banks lose too much in the stock market and those depositors go to raise money to run, what do you think these money banks can do?"

Economic crisis!

These four words flashed through Wang Qingyuan's mind, and he looked pale as Wang Jin's face turned pale...

Time soon entered June 1910. Faced with the global rubber bubble, the United States, as the largest consumer, suddenly announced austerity policies. Its impact quickly affected Britain, which was known as the "Empire of Sun Never Setting". The London stock market plummeted, and then quickly affected the Shanghai stock market, which was dominated by the rubber sector and bound the London market. Since then, the Shanghai stock market collapsed completely and plummeted for several consecutive days.

The British rubber listed company, which received the news in advance, without saying a word, rolled up all its belongings and immediately evaporated. When the wind spread over London, some panicked investors came to the door to try to take off the rubber in their hands, but they were frightened to find that they could no longer find anyone...

The whole of Shanghai was in panic, and the rubber stock price of the Shanghai Stock Exchange fell like a pillar without any warning. Nanyang Rubber, a star among rubber stocks, fell to the bottom in a short time, and faced with the crazy selling of investors, he had to declare bankruptcy.

Looking at the stocks that were worth a few days ago, they have become worthless now and become waste paper. The investors are crying without tears. They are crazily smashing the rubber companies that have become empty shells, and then leave like walking dead under the bullets of the concession police. What awaits them is a cruel future...
Chapter completed!
Prev Index    Favorite Next