In the morning, after the summer run, I came back and had breakfast with Wang Qixian.

At this moment, the phone rings again.

Xia Tian was stunned and walked over and picked up the phone.

"Boss, good news!" Liang Botao shouted excitedly, his voice breaking.

"What good news?" Xia Tian couldn't help asking curiously when he heard this. I don't know what good news it was, but it actually made him so excited.

"Just just now, the Chairman of the Stock Exchange Li Fuzhao announced that the stock market will be closed for four consecutive days on the 20th, 21st, 22nd and 23rd!" Liang Botao shouted.

"What?!" Xia Tian couldn't help but widen his eyes after hearing this, "It's true or false?"

"Really, really, really!" Liang Botao said affirmatively.

"Wow, then we're going to die this time!" Xia Tian said with joy.

Last night, he was looking forward to a pig teammate appearing in the Hong Kong stock market. God opened his eyes and indeed he sent a pig teammate.

The stock market has been suspended for four consecutive days, and the market is closed on Saturday and Sunday, which means that the stocks in the hands of investors can no longer be traded during this week.

Although Li Fuzhao's move was to calm the market, to be honest, he not only couldn't calm down the market, but instead made the stock investors who were already frightened even more panic.

Because the stock market is closed and cannot be traded, the stock is no different from waste paper. Once the stock market reopens, investors will inevitably sell off, and the Hong Kong stock market will definitely fall. At that time, buy low and take advantage of the situation, and then you will make more money.

"Oh, it's so beautiful. Li Fuzhao is simply my God of Wealth!" Xia Tian said happily.

...

Li Fuzhao is the chairman of the Hong Kong Stock Exchange and a famous figure in the Hong Kong business world. His history of power can be written into a book.

Li Fuzhao was born into a wealthy family in Hong Kong. His grandfather Li Shipeng is a well-known wealthy businessman in Hong Kong, and his businessman and is the largest rice merchant in Hong Kong. His father Li Guanchun is the founder of Bank of East Asia.

Li Fuzhao has been in contact with stocks since he was six years old. After growing up, he was even more devoted to stock trading and his biggest dream is to be a stock broker.

But in the 1960s, there was only one Hong Kong club on the Hong Kong Stock Exchange, and all of them were controlled by white people, with very few Chinese people. There were only 60 brokerage members, and it was difficult for other newcomers to be among them even if they were rich.

Of course, Li Fuzhao was not convinced, so he joined hands with his peers to establish the Far East Exchange. It was established in 1969 and in 1979, the transaction volume exceeded the Hong Kong Association and became the largest stock exchange in Hong Kong.

In 1972, the Gold and Silver Stock Exchange was established; in 1972, the Kowloon Stock Exchange was established. Hong Kong owns four stock exchanges.

The establishment of four stock exchanges has enabled many Chinese-funded companies that are of high quality but are rejected by the Hong Kong Association to raise funds. However, it also caused some companies that lack qualifications to take advantage of the situation and get in.

For example, the famous Hong Kong antenna company said that after installing the antennas they produced, they can receive them from all Hong Kong TV stations.

Stock investors are chasing them without knowing the foundation. Its stock price was set at one yuan when it was listed, but it soared to fifty yuan on the day of listing, which appreciated by as much as 49 times.

But then it was discovered that they didn't need their antenna, and even with an ordinary iron bar, they could receive TV signals. Hong Kong antennas became a joke, and their stock price surged and plummeted was also called "Hong Kong Idiot Line".

After the stock market crash in 1973, the Hong Kong stock market was hit hard, and the people also kept a distance from stocks. The trading volume dropped significantly, and even within three years, only five new companies were listed to raise funds.

In view of this situation, Li Fuzhao called on the four major stock exchanges to join forces. With the support and promotion of the Hong Kong government, the United Trading Company was officially established in 1980. However, due to the subsequent Sino-UK negotiations, Hong Kong stocks plummeted and the market was bleak, which made the United Exchange unable to open for a long time.

It was not until 1986 that the Stock Exchange, chaired by Li Fuzhao, was officially established. Since then, there were no four associations in Hong Kong and only one stock exchange has remained.

As the chairman of the Stock Exchange, Li Fuzhao has great power in his hands. It can be said that even Li Jiacheng, Huo Yingdong, Bao Yugang and others should be respectful to him.

In the well-known wireless TV series "The Great Age", Chen Wanxian, chairman of the Chinese Stock Exchange played by veteran actor Jiang Yi, is said to be Li Fuzhao.

...

"How could Li Fuzhao think of such a bad idea as closure of the market?" Xia Tian asked Liang Botao in confusion.

"Maybe it was Li Fuzhao's personal desires. After all, in addition to being the chairman of the Stock Exchange, he also has many listed companies under his jurisdiction." Liang Botao guessed, "Maybe he is selfless and really hopes to give opportunities to calm down the investors. Who is right?"

"Well, no matter what purpose he is for, I am not optimistic about the development of the stock market anyway." Xia Tian smiled slightly and said, "There should be some declines in the future."

"It should be." Liang Botao nodded.

"Okay, let's not talk about it for now. I'll have a meal first. Let's talk more about it later when I get back to the company later." Xia Tian said with a smile.

After hanging up the phone, I returned to the dining table in summer.

"Brother Tian, ​​is there any good news?" Wang Qixian couldn't help asking curiously when he saw the smiles on his eyes and eyebrows.

"Yes, I just received the news that the Hong Kong stock market will be closed in the next four days and cannot trade." Xia Tian nodded and said, "This is great news."

"How could this be good news?" Wang Qixian said in confusion. She really didn't understand the stock market very much.

"For example, when wars are in chaos, are you willing to flee with cash, or are you willing to exchange cash for gold?" Xia Tian asked inspiration.

"Of course I brought gold. Gold is valuable at all times, but cash can easily turn into waste paper. I heard from my grandfather that during the civil war, the government printed millions of dollars to buy a box of matches." Wang Qixian replied immediately.

"That's it. Now is a stock market crash. For investors, it's a time of chaos. No one knows how long the stock market crash lasts or how fierce it is. Of course, I hope to exchange these stocks for cash more reliable." Xia Tian nodded, "But now that the stock market is closed, it's like banks stopping cash exchange for gold. Do you think investors can't panic?

At that time, if the stock market resumes its market, these people will inevitably sell out the stocks they have. By then, the stock market will inevitably fall sharply, which will be more beneficial to us. Do you understand?"

"Ah, I understand." Wang Qixian blinked, then nodded.

"Smart!" Xia Tian smiled, "Okay, you have dinner, I'll go back to the company first."

"oh."

...

When Xia Tian returned to the company, he saw Liang Botao leaning half-retending on the chair and yawning, with black coffee in front of him, and the ashtray was full of cigarette butts. It was obvious that he had been very busy yesterday.

"Botao, seeing that you are tired, you'd better go to have a nap first." Seeing this, Xia Tian couldn't help but shake his head.

"No need, wait a little longer, and the Tokyo stock market will start." Liang Botao waved his hand.

"I'm afraid you can't stand it like this, so I'd better take a break. After all, no matter how much money you earn, you have to spend your life." Xia Tian advised.

"It's okay, I'm very good now. Even if I don't sleep for one day or two days, I can't lose it." Liang Botao smiled, "By the way, Mr. Xia, yesterday the Dow Jones Industrial Average plummeted from 2,246 points to 1,738 points, a drop of as high as 22%. The Nasdaq Index fell 11%.

"GM fell 33%, Telecommunications and Telecommunications companies fell 29%, Coca-Cola fell 36%, Westinghouse fell 45%, Yuntong fell 38%, Boeing fell 29%... It all evaporated in nearly $500 billion in one day."

"My God!" Xia Tian couldn't help but exclaim when he heard this.

The 500 billion US dollars in the 1980s was not a small amount. France's GDP last year was only 500 billion US dollars.

"Mr. Xia, you are fortunately not following my advice to trade futures indexes, otherwise it would be really dangerous," Liang Botao said with lingering fear.

"What do you mean?" Xia Tian asked curiously.

"At 2:00 p.m. yesterday, the Dow Jones Index rushed to 350 o'clock, exceeding the 2,000 point mark. But then it was weak and fell sharply by 250 o'clock." Liang Botao explained, and now he was afraid.

Xia Tian nodded.

Knowing that speculation on futures indexes is like this, the risk is quite high. In addition, leverage speculation on futures indexes will continue to increase. Moreover, even if the speculation is exceeded, once the guaranteed company's ability to endure and the company goes bankrupt, you will not get any money if you win.

On the contrary, it is better to acquire those high-quality assets and high-quality listed companies at a low price. The risks are small and the profits are high.
Chapter completed!