Fight to the third generation

His aunt stared immediately, and said with a smile: "What's the resurgence? You, Brother Yong, and I are just friends now. You are too annoying to talk. You don't respect the old and love the young at all. You are 20 years older than you, and you actually treat him like that!" brother?"

When she put on a posture of an elder and taught Su Yehao a lesson, Zheng Yongwen's head was full of black lines.

Zheng Yongwen said happily: "It's good to get along with young people more. It will make people feel that I am also very young. The word respect for the old is too exaggerated. People usually only think that I am only 31 years old."

"Bah, 31 years old, if you don't take care of it, the crow's feet will almost kill flies."

After Aunt Su Yehao finished speaking, she went to the cabin to help Nangong sweeten the cocktail.

on the deck.

Zheng Yongwen looked at Su Yehao, who had unkind eyes, and explained again: "Don't get me wrong, we are really just friends with your aunt. When I called in the evening, she happened to be riding a horse with me. When I heard you asked me for a ride, she followed me. "

"Tsk... the lonely men and widows are going to ride a horse."

Su Yehao, who actually didn't mind, didn't forget the business after the teasing, and asked, "How much is your short position invested now?"

"Take your more than 1 million US dollars, and the half position will reach nearly 1991 million US dollars. It seems that you can also start to arrange. I have a strong feeling that the market is unsustainable. The overall price-earnings ratio of technology stocks has reached [-] times. When Japan’s real estate bubble burst in [-], the price-earnings ratio of listed companies was [-] times more exaggerated.”

"Indeed, tomorrow is the second day of the second lunar month, which is a good day for Daxian."

After Su Yehao finished speaking, he laughed and told:

"If you calculate according to New York time, you can build positions starting tonight, which is different from your five times small leverage. I like to play big ones. I will be responsible for rushing ahead. You can also be a little more secure and invest at your own pace. Help me hedge the risk."

……

Chapter 642 The Crash Started Quietly

At the end of January this year, the Nasdaq index was more than 4000 points.

Su Yehao entered the arena impatiently, and was eventually harvested as leeks. A total of more than 30 billion Hong Kong dollars just disappeared.

After the news was sold by an intern in the assistant office for several thousand Hong Kong dollars, the unscrupulous media still joked that he finally stumbled and broke the myth of undefeated, etc. Related news was widely circulated on the Internet.

Dare to play so big at that time.

Now that more than a month has passed, the Nasdaq index has touched the threshold of [-] points, and the bubble has further expanded. Of course, he is more confident.

With a sense of revenge, after Su Yehao communicated with Vice President Zheng Yongwen, he immediately called Assistant Zhuang Wei and asked her to notify the "Air Force Squad" that has not been disbanded, and sell it short after twelve o'clock tonight Nasdaq index futures, and through options and stock futures, bearish on the merged AOL Time Warner Group, as well as companies such as Amazon and Cisco.

On the other end of the phone, Zhuang Wei asked: "Why is it past [-] o'clock tonight? There is still a scale. You only talk about shorting. I'm worried that they won't fully understand what you mean. Otherwise, I'll call those people back to the company. , When the time comes, you will have a conference call with them?"

"Because... Forget it, let them take a break first. I will be in the office at 10:30 in the evening, and I will have a meeting to discuss it in detail."

Su Yehao really didn't have the nerve to tell Zhuang Wei, and told her that because he couldn't make up his mind, he chose to believe in the day Huang Daxian chose.

To be honest, it will affect your own image.

After all, Assistant Zhuang Wei has a serious personality, so it is probably difficult to understand the metaphysics, which is not scientific at all.

Judging from the facts of the past few days, the past half month was indeed not a good time to enter the game, and the Nasdaq index rose by several hundred points. From this point of view, Huang Daxian still has a little credit.

Assistant Zhuang Wei said calmly, and continued to answer: "Okay, if I remember correctly, all your accounts add up to a total of more than 19 billion US dollars. You need financial guarantees for shorting. How much do you plan to use this time? I Say hello to the bank and report in advance."

Su Yehao was stunned after hearing this, and asked in surprise, "Cash reserves have fallen below 20 billion dollars again?"

"Yeah, the custom-made yacht first transferred 5000 million US dollars to the shipyard, 1000 million US dollars to the SOM architectural design firm, and also the start-up capital for the office building in Lujiazui, Shanghai, and the initial investment for the city of thousands of chips... oh , You also lost [-] million in your investment last time..."

"Slow down! Don't bring up the past again. It's unlucky to say these things today. I know that I've spent a lot recently, but I'm just feeling emotional. Money is indeed difficult to earn, but easy to spend."

Hearing Su Yehao's words, Zheng Yongwen and Nangong Tian beside them were dumbfounded.

I wonder if my ears are wrong.

A super rich man whose net worth has rapidly exceeded tens of billions of dollars, actually sincerely lamented that money is hard to earn, he is simply bullying others, and does not leave a way for others to survive.

On the other side of the phone.

Assistant Zhuang Wei said seriously: "Yes, there are more places to spend money in the future. The two wafer foundries in Yuen Long are expected to require an investment of about [-] million US dollars. I will list a list for you recently. It just so happens that KPMG accounting firm The auditor's report is coming soon."

"Okay, say hello to the bank, and prepare [-] million US dollars first. My hunch this time is very good!"

As soon as he finished speaking, Assistant Zhuang Wei told subconsciously: "This sentence is a bit familiar. I remember last month...but that was before the Spring Festival. New year and new weather, tonight's investment will definitely make money!"

heard.

Su Yehao smiled awkwardly. He really felt very good about the shot before the Spring Festival, but it was just an illusion.

It's still early until eleven o'clock.

It was more than seven o'clock in the evening local time in Hong Kong City, and the New York Stock Exchange hadn't opened yet.

After tasting the margarita prepared by his aunt, Su Yehao rarely said something kind to Zheng Yongwen. The two have known each other for a while. Although the former chief financial consultant is a bit pretending to be cold, fortunately, he looks good and has a good personality. , ability and talent are also there, and they are not greedy for money.

However, his aunt only shook her head and warned:

"My lord's affairs, don't worry about children like you. Brother Yong is a good man, but unfortunately, his personality doesn't match me at all. Any woman with him will be bored to death all day long. I plan to go to the North Pole next time." , invested in a documentary about polar bears and seals, and set out before the polar day.”

Su Yehao glanced at Zheng Yongwen.

Zheng Yongwen had a smile on his face, as if he was very calm, probably he had expected it.

I vaguely remember hearing from my grandfather that the two separated when they were young because their personalities did not match. They were both too smart and assertive, and they were prone to conflicts.

Thinking of this, Su Yehao felt that he was very lucky. Nangong Tian usually had no temper in front of him, and was also considerate.

Jiang Yu and Nong Qingying have different personalities, and they all have emotional foundations.

……

off the yacht.

At around nine o'clock, Nangongtian, who was slightly drunk, was sent to Fengshangshui community on the middle of the mountain.

Jiang Yu's parents went on a trip to Europe, and they are said to be in Marseille, France. She was a little scared to be alone at home, so she and Nangong Tian made an appointment to watch a movie together tonight and have a girlfriends' night.

It just so happened that Su Yehao had something to do, so he sent Nangongtian here first, but he also wanted to hang on and look for something new in Jiang Yu's boudoir.

It's a pity that I have to hold a meeting with the staff tonight to discuss the specific holding plan.

Sitting at Jiang Yu's house, he went out at ten o'clock in the evening, and rushed to the quiet Sihai International Building in Central. The security guard was very polite, took the cigar that Su Yehao casually threw to him, and thanked him repeatedly.

During the meeting with the financial advisors of the "Air Force Squad", Su Yehao actually didn't have a specific plan. He only said that he would focus on shorting the NASDAQ stock index futures. Amazon, America Online and Time Warner Group also established some short positions.

The old rules, short meetings of just over ten minutes, are particularly concise and clear.

After midnight, several high-achieving students in the financial industry who were in charge of trading were sitting in front of the computer and busy, using the funds in the account as margin and exchanging them for short contracts.

America side.

It's Monday, and since the morning's open, the Nasdaq has edged up 0.2%, looking remarkably calm.

Compared with the huge market, Su Yehao's order is inconspicuous, but the market sentiment is already extremely tense. Facing a batch of large short-selling option orders, Amazon's stock price is the first to react, from rising green to falling Fluttering red.

The trading of the NASDAQ stock index has been very large every day recently. Just after building a short position of more than 20 billion US dollars in the stock index, several short selling orders were placed. The market seemed to be frightened, and a large number of orders emerged immediately.

A trader suddenly shouted: "The network is disconnected?! Why is my web page stuck?"

"Me too, shit, there's something wrong with Nasdaq's trading program? Clicking on other websites responds!"

Not far away, Su Yehao was dozing off on his stomach. After being woken up by them, he looked around blankly, stretched his waist and asked, "What's going on, what's wrong?"

A potbellied financial analyst said in wonder:

"No way, it was fine before. It's just an empty order of hundreds of millions of dollars. Even Nasdaq's stock index futures can be smashed by us? Hurry up! Check the order just now and see if it has been traded!"

"...The brokerage is fine, three of the four sell orders were sold, and the Nasdaq stock index data is motionless, there must be something wrong with the server."

Su Yehao didn't understand the situation for a while, so he scratched his head and leaned in front of the computer.

I had little expectations at first, but after more than 20 minutes, I found that the Nasdaq index jumped by more than 40 points.

Wait until one o'clock in the morning.

A total of more than 5 million U.S. dollars was used, and the leverage was large or small, and a total of 62 billion U.S. dollars in short positions were built, of which more than 45 billion U.S. dollars were short-selling Nasdaq stock index futures.

In addition, I also shorted more than one billion US dollars of Amazon options, and the rest were empty orders for stock options and futures.

Su Yehao went home and took a good night's sleep. When he woke up, he found that the Nasdaq had dropped by 2.6% by the end of the market...

Chapter 643 9%

In the study, drinking the seafood porridge brought by the nanny.

Su Yehao was learning about the account changes, and Zheng Yongwen contacted him again.

On the other side of the phone.

Zheng Yongwen said with a smile:

"Last night, I bought 71 Nasdaq 100 ETF put options, with a total amount of more than 8000 million US dollars. I didn't expect to get up this morning and found a small profit. What about you, my subordinates told me that the transaction was congested for 2 minutes last night , the Nasdaq index stopped updating for more than 20 minutes, and the transaction was very busy. According to the "New York Times", a mysterious large empty order from Hong Kong City collided with other empty orders, which caused investors to panic. Our panic, the large empty bill, is it yours?"

"...is it on the news? Wait a minute, I'm in front of the computer, I'm searching to see. I did open a short position last night, with a total size of more than 60 billion US dollars. I wanted to send you a text message, but I was too sleepy and forgot. Fell asleep in the car on the way home."

While speaking, Su Yehao pulled the keyboard in front of him.

Look up the English words of the keywords "New York Times" and "Nasdaq", and sure enough, through the Google search engine, I found some relevant news.

As more and more media began to pay attention to the online news business, it is much more convenient to find information than the previous two years.

Zheng Yongwen's voice continued to be heard, and he asked in surprise: "In one night, you built such a large short position? With such frequent transactions and such a large amount, it is no wonder that it will cause panic in the market. Have you hedged?"

Su Yehao said truthfully:

"It's not overnight, it's from [-] o'clock in the middle of the night to more than one o'clock in the evening. To be honest, I don't quite understand until now. What are the benefits of hedging? If you only earn a few melons and dates, it's better to deposit the money in the bank to earn interest .My funds are not all used to bet against the Nasdaq, but I have also shorted companies such as Amazon, AOL Time Warner, Yahoo, etc. Trading congestion should have nothing to do with me... right?"

Hedging, the purpose of the parent order is to make a profit, and the hedging order can ensure that when investors fall off the rope, they can land as smoothly as possible and avoid the risk of single-line investment.

This method of operation has advantages and avoidance, and once the decision is made, the loss will also be huge.

Although the profit of the second investment can compensate the loss when the parent order loses, but when it makes a profit, it means that the other investment has a high probability of loss.

With Su Yehao's character, on the premise of being more sure, of course he doesn't like the kind of form that reduces the risk, but often greatly reduces the income.

"It's hard to say how much it has anything to do with you, but since the "New York Times" name comes from Hong Kong City, it is estimated that there are informants on the Nasdaq exchange. This news is not groundless. Maybe when you sold short, there were other The appearance of large empty orders instantly caused a short-term panic in the market, and too many orders caused the system to collapse.”

"..."

After hearing Zheng Yongwen's words, Su Yehao recalled what happened last night, and found that this seemed to be the case.

He has already seen the phrase "mysterious funds from Hong Kong City" in the English-language press release. If he investigates the ownership of the account further, he probably will find it sooner or later.

It would be fine if he was a pure speculator, but he is still a major shareholder of companies such as Yanmoji Group and Google. As a Silicon Valley tycoon, he is pessimistic about the market prospects. This approach is undoubtedly a bit deceitful.

Once the news gets out, both the shareholders of Yanmoji Group and the financiers of Google will probably feel uncomfortable, and there may be some disturbances.

Consider this time.

Su Yehao started to have a headache, pinched his brows and after thinking about it, he asked, "Brother Yong, how likely do you think Nasdaq will keep the account secret for me?"

"I don't know. I only know that there is no impenetrable wall in the world. Except for Nasdaq, brokerages, banks, and consulting companies are all likely to leak secrets. It's just bearish, and you haven't broken the law. Are you still worried about your fame?"

"Well, people are afraid of being famous and pigs are afraid of being strong. It is definitely right to plan ahead. My Yanmoji Group fell 3.12% overnight. Do you think investors know that I have led the market down, what will they think?"

heard.

Zheng Yongwen said calmly: "You are you, and a listed company is a listed company. There is no need to be afraid of this and that. It is impossible for someone to say a few words, and you will not invest."

"Of course, maybe I should let Yanwen Group and Google use idle funds to buy some bearish private equity funds."

……

To both of them, the market was just down slightly.

Although trading was congested at night, and the Nasdaq index stopped updating for more than 20 minutes, it seemed like a sign that investors had lost confidence in the market outlook, but after all, the drop was small and there was no reaction from the outside world.

So neither Su Yehao nor Zheng Yongwen took it seriously.

Even though Su Yehao woke up and made more than 5000 million US dollars, he didn't dare to treat it as his own money. As long as the chips are still on the table, don't be too happy.

After hanging up the phone.

Su Yehao continued to sit in front of the computer, searching for his name.

In addition to some news about investment failures, most of them are all kinds of lace news. For example, when I went to New York a few days ago, I saw British actress Catherine Zeta Jones at a party. , was photographed by the American paparazzi and exaggerated.

In addition, there is also Tianyu Entertainment. Recently, due to the continuous preparations for the shooting of several TV series and movies, Jiang Yu and Nangong Tian have frequently appeared in the eyes of everyone, and it is inevitable that they will be associated with his name.

By the way, with a swipe, he looks like a proper playboy.

That night.

The Nasdaq fell another 1.7%, and the market remained quiet.