Rebirth of Hong Kong 1981

"Ask." Yang Chen nodded.

"Boss, is Carrefour planning to expand to Southeast Asia next?"

"Almost, Carrefour will open a branch in Wanwan next month, and then South Korea and Singapore will open branches one after another. By the end of the year or next year, it will officially enter Southeast Asia."

Huo Jian said solemnly: "Boss, please allow me to take back what I just said."

Yang Chen: "..."

Huo Jian said: "If Zhao Chuanwang can resell the divided business and ships, there is a chance to survive the crisis that Huaguang Group has encountered."

Yang Chen pouted his chin, and pretended to think: "Do you think someone will take over the offer from Chuanwang Zhao?"

"There will definitely be," Huo Jian said firmly.

Yang Chen said: "How can you see it?"

Huo Jian said grimly, "You have to ask the boss yourself about this."

To be honest, he can't guarantee that Yang Chen will take over the ship from Zhao Chuanwang, but if Yang Chen wants to make Carrefour bigger and stronger, it is best to have a transport fleet of his own.

Southeast Asian countries are mostly distributed in the coastal areas. Apart from airplanes, there is only shipping. Air transportation is not very developed now. Shipping is relatively more convenient and cheaper.

Ships carry much more goods than ordinary cargo planes. Carrefour, a retail industry, generally does not need to rush. As long as the itinerary is well arranged, everything can run smoothly.

With the slowdown of the world economy and the shrinking shipping business, the price of ships has dropped to a certain extent. At this time, if there is a stable business, buying old ships at a low price is a matter of making money but not losing money.

If this shipping turmoil passes, then this kind of bargain will not be so easy to take advantage of.

He didn't think of this before, but when he saw Yang Chen asking, he noticed it.

Once Carrefour can take root in Southeast Asian countries, the ships that Zhao Chuanwang splits up will not lose money due to lack of business.

Seeing Huo Jianye staring at him with scorching eyes, Yang Chen said with a light smile, "You guessed right, King Zhao Chuan split up the company this time to resell the Asian business to me. Wang discussed it.

Next, the secretary's office needs me to get a clear understanding of the company's affairs as soon as possible, and when the time comes for the official handover, I need you to check the shipping company that has been split for me. "

"I see, boss"

Yang Chen's words were obviously reminding him to pay attention to Huaguang Group from now on.

Shopping malls are like battlefields, and one negligence and carelessness will suffer huge losses.

Although Yang Chen didn't think Zhao Chuanwang would cheat him on this, but when he thought about the debt Hua Guang was carrying now, Yang Chen felt that he had better be careful.

Face, there is no real money that can be seen and touched.

If the opponent is Huo Daheng or the Chartered Ship King, he will naturally not treat a gentleman with a villain's heart, after all, the character of the two big brothers can stand the test.

Moreover, with their status, they are not allowed to do things that tarnish their reputation.

The real leader, no matter what kind of person he used to be, will not play tricks when he reaches a certain height.

Others, even the richest man Li, would not be convinced before he became the richest man.

None of the people who were able to make a fortune in the turbulent era was a simple person. They just used a small trick to cheat you without discussing it.

Although Chen Guocheng had agreed to work for him and manage the affairs of the shipping company, the other party was still Zhao Chuanwang's before the delivery.

Who knows if the other party will miss the old master, partner to deceive him, and people's hearts are separated. He can trust a person to the greatest extent, or doubt a person without warning.

This, perhaps, is the so-called unpredictability of people's hearts.

Chapter 392 Going Short

noon

Xiangjiang stock market reopens

The traders who have been waiting for a long time are already ready. Half an hour ago, Yang Chen explained the next action.

Go short

There is no doubt that although the bet this time is the same as the previous 100 billion funds, no more or no less, but the risk has increased by at least ten times.

The Hang Seng Index has been rising, and everyone is buying. It is impossible for the Hang Seng Index to fall under normal circumstances.

Breaking through the highest level of the Hang Seng Index in [-], the big stone in the hearts of all stockholders has fallen. Regardless of retail investors or large investors, they firmly believe that the Hang Seng Index will continue to rise.

Including He Hongtao, they all thought that Yang Chen was making a big gamble. If it wasn't for the fact that Yang Chen made billions of dollars before, everyone would think that he was crazy.

Taking money to do things, although everyone didn't understand, they wouldn't question it. Yang Chen had already transferred the previous red envelopes to their accounts. Even if Yang Chen lost in the next round and worked for nothing for a few months, they wouldn't lose money.

"Uncle Tao, what is the Hang Seng Index?"

"1805 points"

Yang Chen shook the newspaper on his hand, without raising his head, he said calmly: "At this point, start borrowing the bill, the contract period is at the end of December."

"let's start."

Going short is no better than going long

To be long, you only need to buy at the lowest position and then sell at the highest position. He has too much money and it is impossible to sell at the highest position, so before he could only buy after [-] points, sell early.

And shorting is selling first and then buying. You find a brokerage to borrow the stock and sell it to stockholders. Once the Hang Seng Index falls, all stockholders will become leeks.

If the Hang Seng Index rises, then he will die.

There is a time limit for shorting. When the contract expires, no matter whether it is rising or falling, you can either deliver or close the position.

Under normal circumstances, small investors will only go long, that is, buy that stock to rise, there is no time limit, you can buy whenever you want, and sell whenever you want.

During the bull market, everyone rushed into the stock market, and during the bear market, everyone left crying and cutting their flesh.

Most of the short sellers are big households, big institutions, and big consortiums.

Shorting requires a bank guarantee or a third-party endorsement, so that if there is a loss and the contract cannot be fulfilled, then the guarantee bank and the third party have to come forward to perform the contract.

Yang Chen now has billions of Hong Kong dollars in his bank account, as long as the Hang Seng Index does not rise to [-] points, he will be able to lose money.

Before that, he was short-selling in France, which was short-term, and the risk was relatively small, so Standard Chartered dared to provide him with leverage.

This time, he shorted for several months. If it weren't for the billions of cash in his bank account, HSBC would not have provided such leverage.

The risk of short selling is too high, and banks cannot afford to lose billions at once.

As soon as Yang Chen's words came out of his mouth, all the traders started to get busy.