1929 I am a chaebol in the United States

Two days later, Adams drove to Lu Chen's residence.

When Lu Chen saw Adams, he asked, "How is it going? Is the money ready?"

Adams said, "It's all done. All the money is in my account. Let's go to the bank now and I'll transfer the money to you."

Lu Chen got into Adams' car and followed Adams to the bank.

When the bank saw Lu Chen and Adams, they immediately notified the bank's top management. The bank's manager immediately came out to greet them.

"Hey, Manager York, I'm here to bother you again."

Adams greeted them in a familiar manner. York smiled and led Adams and Lu Chen into the office.

"Master Adams, what are you here for this time?"

Adams took out his bank card, and then asked Lu Chen to take out his bank card as well. He said, "Manager York, please transfer the 1.5 million in my account to his account."

York glanced at Lu Chen. It was the first time he had met this Chinese man. He took the two cards with a smile and asked someone to fetch their account information. He then discovered that this Chinese man named Lu Chen actually had more than one million in his bank.

The fact that Chinese people can have so much money made York look at Lu Chen a few more times.

Following York's instructions, the transfer was completed in a short while.

After seeing the transfer completed, York returned the two bank cards to Lu Chen and the other person.

"Dear guests, please keep your account certificates."

Lu Chen did not take the card. He smiled and said, "Manager York, I want to check my current securities trading account and see what the leverage is."

York smiled and said, "No need to check, Mr. Lu Chen, your account is now over two million, and your leverage should be increased to 15 times."

Adams frowned and said to Manager York, "Manager York, if I guarantee, can Lu Chen's account leverage be raised to 20 times?"

York thought for a moment, then smiled and said, "If Master Adams, you guarantee it, I can take charge of Mr. Lu Chen's account and increase it to 25 times."

Lu Chen heard it and said, "Okay, 25 times, doesn't that mean I can make more money this time?" Lu Chen quickly winked at Adams.

Adams frowned at first. He felt that the 25 times leverage was too risky and hesitated. But when he saw Lu Chen winking at him, he decided to take a gamble. He said, "Okay, I'll guarantee him."

York smiled and said, "Okay, I'll give him the rights right away. Mr. Lu, I have to tell you that the 25x leverage is originally for deposits of 25 million. If you use it, we will still charge you according to the million fee standard. For each transaction settlement, you have to pay our bank a handling fee of ."

Lu Chen couldn't help but sigh in his heart, damn, these banks are really shady, every time the transaction is settled at 25, he just provides a platform and makes so much money easily. Really shady, really fucking shady.

Lu Chen nodded and said, "Okay, I understand."

After Lu Chen and Adams finished their business, they left the bank. Adams then immediately asked Lu Chen, "Lu, did you book a room at the exchange?"

Lu Chen shook his head.

Adams looked at Lu Chen with a headache and said, "You have such a big deal, why don't you use a counter? Are you going to operate it on site? Forget it, I'll let you use my old counter."

"Thank you."

"Lu, you should tell me the specific time now."

Adams looked at Lu Chen anxiously. He still had no idea about this operation.

Lu Chen shook his head and said, "The other party hasn't told me yet. Once he notifies me, I will enter the market immediately."

Adams could only remain silent.

Lu Chen consoled him, "Don't worry, Adams. Even if we miss this deal, at most we won't make any money. There's nothing to worry about."

Adams was still a little worried, so in the following days, Adams decided to follow Lu Chen.

Lu Chen followed Adams back to his residence, and Adams asked, "Where do I live?"

Lu Chen was prepared. He pointed to a guest room and said, "You can stay there."

Adams ran over to take a look, then asked, "Lu, why don't you have a telephone at home?"

Lu Chen replied: "I rent this house and the landlord didn't install a phone. What can I do?"

Adams ran out and yelled, "Then how do you contact the counter and let him operate the stock?"

Lu Chen was stunned. He really hadn't considered this. In this era, there were no computers and all transactions were done by people. He frowned and said, "I'll install it right away. How long will it take to install the phone?"

Adams looked at Lu Chen speechlessly and said, "You rented a house, why do you install a phone here? Forget it, why don't you just stay at my place?"

Lu Chen said: "Okay, then I'll explain it to my people."

Lu Chen found Ike and said, "I'm going to live away for a while. Please talk to Chen Jianghe, the other Chinese man living in my house. I'll be back next month."

Ike nodded and said, "Don't worry, boss. I will definitely convey your words to him."

After Lu Chen finished speaking, he called Adams and left the residence.

Adams drove and brought Lu Chen to his home.

Lu Chen looked around Adams' home and found no trace of a woman. Lu Chen couldn't help but ask, "Adams, there's no trace of a woman here either. Who was the woman who answered the phone for you last time?"

Adams explained: "The number I gave you is the number to contact my estate, and the person who answered the phone is my nanny. This is a property I bought myself. I didn't hire a nanny."

"So that's it."

Lu Chen was a little curious about why Adams didn't bring him to their manor, but came here, but he didn't ask. He thought that as long as he had a phone, he could live anywhere.

It was October 10th, and Adams and Lu Chen had been here for a few days. Adams was a little worried that Lu Chen had not made any move.

He yelled at Lu Chen, "Lu Chen, are you kidding me? It's been so many days, why haven't you made any movement?"

Lu Chen smiled and said, "Okay, stop arguing. I'm telling you, they will take action tomorrow, okay?"

Adams was stunned. He didn't expect Lu Chen to tell him at this time. His first reaction was to go home immediately and tell his old man to make preparations so that his family would suffer less losses.

Lu Chen quickly grabbed Adams and said, "Where are you going? I'm telling you, don't go out and tell others about it. First of all, others may not believe it. Secondly, if someone believes it and it affects the stock market and those giants find out, they will change the time. It will not be so easy for us to find out when they will take action."

Adams was stunned, then sat down on the sofa dejectedly.

"Lu, tell me, how much loss will our country suffer this time."

Lu Chen thought to himself that this was a huge loss, hundreds of billions of dollars had evaporated. But he certainly wouldn't tell Adams now, so he consoled him:

"Adams, don't worry. The United States is a country after all, and your intelligence agencies will definitely get the news in advance. They must have countermeasures. I think the United States will definitely suffer certain losses this time, but you have to believe in your government. They will definitely be able to withstand those giants."

Adams felt much better after hearing Lu Chen's words.

Lu Chen continued, "We have to start planning today. Otherwise, when those giants make their move tomorrow, your government will definitely intervene, and we will definitely not be able to place short orders at that time."

Adams nodded and said, "Okay, I'll give you the counter's contact information, you can do it yourself."

After saying that, Adams wrote down a contact number and handed it to Lu Chen.

Lu Chen took the phone and started operating it.

Time passed quickly, and when the stock market closed today, Lu Chen placed all the orders he could operate.

After completing the operation, Lu Chen breathed a sigh of relief. Now he just had to wait for the US stock market to crash tomorrow.

On October 10, people in New York went to work as usual, and the stock exchange began normal trading at 29 o'clock as usual.

Although there was an additional 6500 million short-selling order placed by Lu Chen in the stock market, the order was quickly bought up, which made people who entered the stock market that day full of confidence in today's stock market.

The stock market is full of laughter.

Retail investor 1: “Who is this idiot who put so many sell orders so early in the morning? Fortunately, they were all bought in less than half an hour. I am really scared.”

Retail investor 2: "He is such an idiot. The market is so good now and everyone is holding on to their stocks, but he is actually selling them. If the stock price goes up today, he will lose a lot of money."

Retail investor 6000: "Yes, yes, yes, look at how powerful those big investors are today. This is a short sell order of more than million. It didn't last long before it was bought out. Awesome. I am optimistic about the stock market today."

But apart from these retail investors, the staff who stayed in the marketing department in the United States were indeed sweating profusely at this time.

Expert 1: "I was scared to death. Fortunately, we acted quickly and took over the order. Otherwise, with so many short-selling orders hanging on the market, we don't know how panicked the retail investors below would be."

Expert 2: "That's right. Fortunately, there was no large-scale sell-off, otherwise the stock market would be finished."

Expert 3: "We should not take it lightly. We have received news that a lot of international hot money has entered the country. This may be their test. We must keep a close eye on the stock market. As long as there are abnormal short orders, we will directly clear them out. Just let the stock market fall slowly."

At this time, in a manor in New York, more than a dozen middle-aged men with big bellies were gathered together, listening to the news coming over the phone.

A middle-aged man smiled and said, "Hey, I don't know which fellow trader has placed a short position of 6500 million before us. It seems that it's not just us who have set our sights on this place."

Another person said, "John, will their selling affect us? Should we do something about them?"

At this time, the man named John said, "Why bother with him? Isn't it better to have a group of people like him? The time we agreed on is coming soon. If they take action now, wouldn't it be a good opportunity to test the determination of those American financial groups to rescue the market?"

Then John looked at the time and it was already past ten o'clock. He said to everyone:

"Guys, it's harvest time, let's get started."

As time went on to ten o'clock, batches of sell orders appeared in the stock market. Soon, many important blue-chip stocks in the stock market fell precipitously.

Seeing this situation, retail investors in the exchange began to stir.

Retail investor 1: "How could this happen? Why did the stocks I bought fall so much?"

Retail investor 2: "Sell quickly, sell quickly, it will be too late if you don't sell."

As more and more stocks began to fall, short sellers became more daring.

Retail investors began to panic.

Retail investor A: "Trader, please clear my stocks for me immediately."

"What? You can't sell it? Then sell it to me at a low price. Quickly, quickly."

The number of voices in the exchange increased from one or two to more than ten, and then to dozens. Then everyone in the exchange began to frantically sell their stocks.

There were more and more sell orders in the market, and finally there were only buy orders, and no buy orders. The prices of various stocks also fell again and again. Finally, it was like a flood that broke through the dam. The stock market collapsed directly.

Seeing the stock market collapse, the stockholders in the exchange also began to collapse. Some people stood there blankly as if their souls had been sucked out, while others knelt on the ground and cried to the sky.

New York was filled with crying and cursing on this day.

Of course, our protagonist Lu Chen was happy at this time. When he saw the stock market collapse, he jumped up happily and shouted to Adams excitedly:

"Adams, we succeeded, we succeeded, the stock market crashed, we made a fortune, we made a fortune."

Lu Chen roared and danced around the house.

"I made money. I made money. I don't know how."

"I have a Faraday in my left hand and a Panamera in my right hand."

……

Adams didn't know whether he should be happy or cry. Looking at Lu Chen who was dancing and singing excitedly, he yelled, "Lu, be quiet."

Lu Chen stopped what he was doing after hearing Adams' yell. He glanced at Adams and found that he was in a bad mood. He walked over to sit next to Adams and said, "Adams, we made money, why are you still not happy?"

Adams glanced at Lu Chen and said, "I know we both made money, but when I learned that our company's stock had fallen to 10% of its original market value, I was very distressed and in pain, you know."

When Lu Chen heard what Adams said, he said, "Why is this painful? What was the original stock price of your company? How many shares were issued?"

Adams said dejectedly: "The company's stock price was originally more than three dollars, and the market value was more than fifteen million."

At this point, Adams held his head and said painfully: "But now it's only more than 30 cents, and the market value is only more than 1.5 million."

Lu Chen asked again: "How many stocks did your family originally hold? How much debt does your company have? Have you reduced the price of your products?"

Adams heard Lu Chen's question and asked in confusion: "What do you mean by this?"

Lu Chen smiled and said, "Adams, you are getting stuck in a dead end. The drop in your company's stock price is not necessarily a bad thing. Now that your company's stock price is low, you should buy back your own stock quickly. There are not many opportunities to buy back the stocks you sold at a low price."

"Besides, I believe that your company can be listed. And the market value is so high, so it must be very strong. It's just that the stock price has fallen. The biggest impact on your company is just financial constraints. But, do you think you are short of funds now? You have more than 20 million yuan in your hands. It won't take a minute to solve your company's funding problem."

……

After being enlightened by Lu Chen, Adams felt much better and thought that Lu Chen was right. With so much money in his hands, it would be easy for him to save his company.

Adams thought of the more than 20 million he had yet to take out of the stock market, and he anxiously said to Lu Chen, "Lu, you should close your positions quickly and cash out the money from the stock market."

Lu Chen nodded and quickly called the trader at the counter to close the position.