Reborn in 2014: A One-Man Tycoon
Chapter 344 On the Eve of the Stock Market Crash
After the annual meeting, Meng Chuan stayed in the county town to be with Liu Qian.
It's really inconvenient for Meng Chuan to live in the village.
Every day, a steady stream of villagers or distant relatives come to visit.
Most of them hoped that Meng Chuan could help their children with live streaming, just like he helped Meng Jixiang.
However, not everyone has a talent for singing.
Without a solid foundation, even with Meng Chuan's help, it's impossible to become an overnight sensation like Meng Jixiang.
Fans and even paparazzi would wait outside Meng Chuan's house to take photos.
Therefore, Meng Chuan simply hid in the Liu family villa and lived a shameless life with Liu Qian every day.
It's worth mentioning that after the Douyin annual meeting, the US-based EOG Resources announced a revolutionary breakthrough in shale oil extraction technology.
The cost of mining is reduced by 50%, while production capacity is increased by 60%.
The Russian bear's tough stance surprised everyone, with a large force heading straight to the front lines.
Ukrainian was utterly routed.
With a full-scale war not breaking out, shale oil production has resumed on a large scale.
As a result of this shift in market sentiment, the crude oil market eventually plummeted when it reached $108.
It dropped 55% in just three days, almost halved.
This made Alice smile from ear to ear every day.
The elders within the Warburg family were devastated.
If they had chosen to trust Meng Chuan and cooperate with him back then, they would have been the ones to reap the benefits.
The US chose to let oil prices plummet this time in retaliation against OPEC member countries.
It's definitely not going to work if other countries try to drive down oil prices.
That would harm US interests and undermine the status of the dollar.
But now the United States can produce crude oil at a lower cost, and lowering oil prices can squeeze out competitors.
When the whole world is scrambling to buy US crude oil, the US can make money without lifting a finger.
At the same time, George also called Meng Chuan.
As expected, after TLM was acquired by Japanese capital, its lithium battery business was divested.
This can be considered a misjudgment by the Japanese investors.
In fact, the purpose of the Japanese acquisition of TLM was to legally allow funds to enter the domestic stock market.
Foreign capital seeking to short the Chinese stock market is not entirely comprised of US capital.
And also Europe, and even Japan and South Korea.
This is a global capital frenzy.
Therefore, Japanese investors were not interested in TLM's potential.
Therefore, in order to enter the market as soon as possible, the Japanese investors agreed without hesitation, even though Zeng Liuqun proposed to spin off the company's lithium battery business.
However, TLM mainly focuses on energy technology.
The lithium battery business is of paramount importance.
Without the lithium battery business, TLM is just an empty shell.
Although the stock market is currently booming, investors are not fools.
Can a company that has lost its core business still have room to grow?
As a result, TLM's stock immediately began to plummet.
This wave directly brought Meng Chuan a profit of over 1000 billion yuan.
This is also because the TLM's platform is too small.
If the base of his business were larger, Meng Chuan's profits would be far more than this.
But this was enough to make George admire Meng Chuan immensely.
This incredibly accurate capture is simply phenomenal.
As for Zeng Liuqun, the future founder of CATL and the richest man in the future, he is now heading to Ningde Town with his lithium battery business to start CATL.
Yingdie has already arranged for someone to contact him.
Because Meng Chuan had said that he wanted to bring Zeng Liuqun to see him.
Everything is proceeding as Meng Chuan remembers it.
Until the Lunar New Year, Meng Chuan stayed at the Liu family villa, maintaining his usual tender moments with Liu Qian.
More often than not, Meng Chuan was selling stocks.
Because the frenzy of capital is about to begin.
Meng Chuan must withdraw all his funds before the party begins.
The safety of funds must be ensured before precise targeting can be achieved.
However, Meng Chuan was responsible for issuing the order to sell, but he didn't know the specific profit margin.
Because Meng Chuan's instructions were all issued to the financial information center at Mar-a-Lago.
There are professional traders there who will strictly follow Meng Chuan's instructions.
……
Liu Dong and Liu Fu also returned before the Chinese New Year.
Meng Chuan also brought his parents to the Liu family villa.
The two families celebrated the Spring Festival together.
On the third day of the Lunar New Year, Meng Chuan had no choice but to set off for Shanghai.
Because it was already mid-February.
Meng Chuan needs to return to Shanghai to prepare for the stock market crash.
Meng Chuan originally wanted to bring Liu Qian to Shanghai as well.
After all, there's still some time before school starts.
However, Liu Qian is a senior high school homeroom teacher, and the senior high school students will start school on the seventh day of the Lunar New Year.
Therefore, after she "squeezed" Meng Chuan dry, she let him return to Shanghai alone.
It was evening when Meng Chuan returned to Haihu Manor.
Meng Chuan, who had just finished washing up, was drying his wet hair.
Yingdie walked over with a hairdryer.
Meng Chuan was about to take the hair dryer when Ying Die spoke first:
"Let me blow it for you!"
As she spoke, Yingdie gently dried Meng Chuan's hair.
Her slender fingers gently stroked Meng Chuan's hair.
To be honest, Yingdie really gave off a very virtuous feeling at this moment.
However, with a man and a woman alone together, Meng Chuan had an indescribable feeling in his heart.
The atmosphere at the scene became somewhat enchanting.
Meng Chuan changed the subject and asked:
How much cash do we have on hand right now?
Currently, all of Meng Chuan's shares are held by Mengying Capital.
Yingdie is the shareholder of Mengying Capital.
It can be said that Meng Chuan is now in the same boat as Ollie and the others.
Despite his seemingly large and wealthy family, a thorough investigation revealed that Meng Chuan had nothing to his name.
It can be said that people like Meng Chuan are the real hidden millionaires.
"We have withdrawn nearly 900 billion yuan from the domestic stock market."
As Yingdie gently dried Meng Chuan's hair, she said:
"The capital that has returned from abroad is £30 billion, which is equivalent to £300 billion."
"Alice's crude oil deal hasn't been settled yet, and the current profit exceeds 500 billion. But this money won't be recovered without two or three months of operation."
Although he had expected it, Meng Chuan was still taken aback by the numbers Yingdie reported.
Meng Chuan had previously invested only tens of billions in the domestic stock market.
Later, they attacked the Sun family, a nouveau riche family, and obtained about 400 billion yuan.
Meng Chuan also invested over 400 billion yuan into the stock market.
More than 400 billion yuan has circulated in the stock market and has now reached 900 billion yuan.
The speed at which money is made is evident.
This also shows how booming the domestic stock market is right now.
However, the Shanghai Composite Index has already reached 5000 points.
It's over.
If Meng Chuan remembers correctly, the scythe of capital will begin when the Shanghai Composite Index reaches 5166 points.
It'll be over in the next day or two.
"Go down and tell everyone that everyone should rest tonight."
Meng Chuan said to Ying Die:
"Starting tomorrow, you must keep a close eye on the Shanghai Composite Index around the clock and obey my orders unconditionally. There must be no questioning or hesitation whatsoever."
"it is good."
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