Reborn in 1991, helping dad become the richest man
Chapter 562: Making double the money, aren’t you happy?
In the past, when the Internet was not well developed, the media did not report on such things, and even if some people knew about it, it would not spread.
What's more, most people wouldn't know about this kind of thing, after all, they have to check it out.
But with the development of the Internet, not to mention the subsequent ubiquitous self-media, even now, any revelation from any person can cause an uproar on the Internet, and the speed of dissemination is infinitely amplified through the Internet.
This kind of thing can't be kept secret forever.
Of course, if it can’t be concealed, then it can’t be concealed. 127 Tang Yichen didn’t take it seriously.
However, Tang Yichen didn't take it seriously. Now, there is indeed an uproar on the Internet because of this incident.
"Oh my god, I know that Mr. Tang dotes on his children. He casually spends hundreds of millions of dollars on his children, and now he's even set up an airplane company for his children.
But this is too exaggerated, such a huge family business is divided now?"
"I'm so envious, jealous, and resentful. Why am I not the child of the richest man, Tang?"
“This is the youngest richest man!”
"That's right, Mr. Tang's child is only eleven or twelve years old at most!"
"This is the most successful second-generation rich kid in the world, right? Other second-generation rich kids still have to worry about how much their brothers and sisters will share, but Mr. Tang, the richest man, has already divided half of it!"
"Tang Yichen, is this really the name of the richest man Tang's child?"
"Stop talking nonsense. Let's first understand the situation of the family company. Besides, if we are not father and son, would you give 50% of the shares to someone else?"
"I just want to ask, if I were to reincarnate now, would I still be able to become the child of the richest man in the Tang Dynasty?"
"It's not too late. Mr. Tang is in his prime, so having a child is absolutely no problem. The problem is that I'm afraid that if you want to reincarnate now, you won't have enough accumulated blessings to be reborn into the Tang family, and instead you'll be reborn into a dog's belly!"
"Haha, on the top floor."
"How is it? Is my little richest man happy now?"
When Tang Xionghua returned home, he smiled and joked when he saw Tang Yichen.
Tang Yichen rolled his eyes at this, then forced a smile and said, "Happy, happy, very happy. It's all thanks to my dad that I can become the most successful second-generation rich man."
Tang Yichen smiled and continued, "Everyone's saying it online now. Dad, you must be planning to find me a stepmother. You've even secretly raised multiple stepmothers for me. You're afraid I'll be unhappy, so you divided up the property in advance to put my mind at ease!"
"..."
Tang Xionghua was also speechless for a moment.
"These people on the Internet are really boring!" Tang Xionghua avoided Tang Yichen and complained unhappily.
Have you helped Tang Yichen raise a stepmother?
In fact, I really have one, of course, it is definitely not as many as people say on the Internet, Tang Xionghua dares to swear, there is only one Ou Mulan.
Of course, he must have had more than one woman.
Being young and strong, with wealth at his disposal, he would always go to certain occasions for business dealings. If Ou Mulan was not there, he would also take advantage of the situation to have a play.
But those definitely cannot be considered Tang Yichen’s stepmother.
It's all about money.
Of course, he would never tell Tang Yichen about this kind of thing.
"Okay, let's stop talking about this and get down to business!" Tang Xionghua took the initiative to change the subject and walked straight to the study.
Tang Yichen followed with a chuckle.
After entering the study, Tang Xionghua sat on the sofa and looked at Tang Yichen who came in. While lighting a cigarette, he also spoke.
"The US stock market has been sideways for over a month. When do you think it will fall again?"
"I don't know!" Tang Yichen shook his head confidently.
Nonsense, he is not a god, he only knows the general situation, and he really doesn't know such small details.
Tang Xionghua nodded, took a puff of his cigarette, and then said, "Currently, the US stock market is trading sideways at around 2,600 points. So far, if we close our positions, we can get about 5 billion in funds. I'm thinking about whether I should take some out.
After all, we also need money back home. Regarding smartphones, it will probably take a month or two at most for the phone to be finalized, and then we have to set up production lines!"
As they talked about serious matters, Tang Yichen stopped laughing.
After thinking for a while, Tang Yichen said, "Dad, let's not touch this money. Let's continue investing. At worst, we can lower the leverage.
There are not many opportunities like this, so every penny you can take is a penny earned. It's Lao Mi's money, and it would be a crime not to take it.
Of course, if you still can’t invest your funds after the sideways movement ends, it’s okay to take some of them back.
On the contrary, if you can short sell and someone is willing to take over, continue investing.
Here in China, building a smartphone factory only costs tens of millions at most, it’s not a lot of money!”
As for the old Tang family, they didn't just sit there and do nothing after shorting the US stock.
Nonsense, the stock market fluctuates so violently, and so many Internet companies have collapsed. These bankrupt companies will all be delisted. The Tang family holds their stocks, so naturally they have to close their positions in advance.
After these bankrupt companies close their positions, they will definitely make money, and a lot of money. However, when the US stock market plummeted before, the money they earned could only be kept in their accounts.
Because you still want to short, but no one takes the order, so the transaction cannot be completed.
However, as the US stock market began to move sideways, various opinions dominated the market, and there was no shortage of bold investors who entered the market with funds to go long.
In this case, the funds that the Tang family gets back from closing their positions can naturally be used to short sell again.
In fact, this time, the Tang family was not so conservative.
The starting point for short selling is five times.
Some are as high as ten times.
So far, the Tang family’s holdings in US stocks have reached a staggering 8.7 billion US dollars.
Even the Tang family currently has more than 300 million yuan in cash in their Migu account that they cannot spend.
There are not that many people who go long, especially those who dare to use high leverage, so Tang Xionghua set his sights on this money.
After all, if you keep it there, you can't enter the stock market. It's better to take it out and use it for other purposes, even other places. It seems that there is no place to use it now.
But if you really want to use the money, you can find a way!
For example, we can increase investment in hospitals, or we can go directly to Hong Kong and start investing in companies and institutions that are researching longevity drugs.
"Alright, then I'll give them the order to lower the leverage ratio!"
Tang Xionghua didn't say much else, mainly because there were really few other places to spend money at the moment.
"Hey, Dad, I originally thought that this time, we could only earn one Solos's money, but the current situation looks like it might be more than that!"
Tang Yichen suddenly burst into laughter.
"Haha! Of course not! As long as the US stock market remains flat for a few days, and we can really invest all the remaining money, then our position will probably be tens of billions. As you said, the Internet winter will last until the middle of next year. So, given the current situation, it's not a fantasy for us to get back 80 to 90 billion US dollars by then!
After deducting our principal, we can earn almost two bags of Solos money."
"Hehe!" Tang Yichen laughed softly. "The main reason is that I don't know why the US stock market has been sideways for so long. Isn't this the second time they've given me a sickle? If I don't cut it, I'll be letting them down!"
"That's right!" Tang Xionghua also smiled happily.
Nonsense, I originally planned to make 3 billion, but now I can make more than 6 billion.
How can I not be happy if it doubles?
.........
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