my brother is bruce lee
Chapter 124
The outside praised himself, Lin Li was already lazy to care.
At this time, Lin Li once again invested all his assets in the stock market, and in Lin Li’s impression, there was a decent rally in May 1974, from 290 points on May 1 to 466 points on June 14, but then the stock market began to collapse again.
In fact, after the 73 Xiangjiang stock crash, followed by the world’s first oil crisis, on October 16, 1973, the Organization of the Petroleum Exporting Countries decided to raise oil prices, and on October 17, 1973, the Middle East oil producers decided to reduce oil production and imposed an oil embargo on the advanced capitalist countries of the West. At that time, most of the oil used by major capitalist countries, especially Western Europe and island countries, came from the Middle East, and a large part of the oil used by the United States also came from the Middle East. Oil price hikes and embargoes immediately threw chaos into Western economies. Before the price increase, the price of oil was only $3.01 per barrel, and by the end of 1973, the price of oil reached $11.651 per barrel, a price increase of 3~4 times.
Originally, Lin Li also planned to participate in the futures to play, but this is more profitable than his own small play in Xiangjiang, but this level of game is obviously not Lin Li’s little shrimp can participate in, even if it can make money, I am afraid that there is a life to earn and no life to spend.
Therefore, Lin Li still chose to stay away.
On February 11~12, 1974, at the initiative of the United States, 13 countries gathered in Washington to hold a meeting of oil-consuming countries and decided to establish an energy coordination group. Later, the International Energy Agency was established, whose main function was to promote the establishment of contingency oil reserves, or strategic petroleum reserves, among its member countries; Coordinate oil allocation between member countries in the event of an oil supply disruption caused by an emergency.
Originally affected by the oil crisis in 74, Xiangjiang also promulgated a lighting control, which caused the stock market to plummet again, and even Hutchison was affected by the stock crash, from a high of 44 yuan to more than 1 yuan.
The main reason for the rebound on May 1 was good news from the United States, but after June, there was bad news that lasted until the end of the year
Lin Li just planned to take advantage of this time to make another profit.
More than a billion Hong Kong dollars smashed into the stock market, and in an instant, the entire Xiangjiang stock market showed signs of recovery, and for a while, the shareholders seemed to have found a way to make a fortune, and for a while, they began to enter the stock market.
The Hang Seng Index began to grow, but for the vast majority of investors, they chose to sit on the sidelines.
Lin Li is naturally calm and relaxed, this wave of rebound is also inevitable, as long as you find the right time, you can completely withdraw and retreat, by the way, another wave of shorting, when the time comes…
This is close to two billion Hong Kong dollars, even Lin Li is not sure how many times he can earn now.
Lee family
Li Jiacheng couldn’t help but frown: “Lin Li entered the stock market again?” ”
Zhuang Mingyue nodded: “I also just got the news, now the Hang Seng Index has begun to grow because of Lin Li’s participation, and now it seems that he has some purpose!” ”
Speaking of this, Zhuang Mingyue couldn’t help but sigh, now Lin Li is already a banker.
“Purpose, what purpose can it be? This kid definitely wants to make money, I’m surprised! Li Jiacheng took a deep breath and slowly spoke; Now at this time, entering the stock market, what good can he have? ”
Everything is not said well!
Zhuang Mingyue slowly spoke; “Shall we play with it?”
Li Jiacheng frowned, and then nodded and said, “Okay, then play, but I want to talk to Lin Li first, I always suspect that this kid seems to know something!” ”
That night, when Lin Li was preparing to go to bed, the Filipino maid took the phone and respectfully said, “Mr. Lin, Mr. Li Jiacheng’s phone call to you!” ”
“Okay, I see!” Lin Li nodded.
“Hey, Lao Li!” Lin Li yawned and said lazily, “What happened?” ”
Li Jiacheng naturally no longer hid it, and directly spoke: “I just got the news, you entered the stock market again?” ”
“Yes!” Lin Li knew very well that Li Jiacheng could not know that he was entering, after all, the channel through which he entered was Li Jiacheng’s Changjiang Securities.
“I’m ready to play too!” Li Jiacheng slowly spoke, “With the addition of our Li family, Ali, you know what this means, right?” ”
Lin Li narrowed his eyes slightly, and then spoke: “I have good news, now the United States and 13 countries have established an energy coordination group, this news will be released soon, as long as we can seize this opportunity, the stock market will definitely recover, but this news will not last!” ”
Li Jiacheng couldn’t help but frown: “How did you know the news?” ”
“Do you think I went to the United States just to make a movie?” Lin Li rolled his eyes, and then slowly spoke: “Don’t worry, during this time, I am not in the United States for nothing, if there is no big enough benefit, do you think I will first idle and smash the money I have earned hard to earn into the stock market?” ”
“Okay, I see!” Li Jiacheng nodded, and then hung up the phone.
The next day, the Li family announced that they had entered the stock market with a high profile, and in an instant, the entire stock market actually rose again, which for a while, but this aroused the confidence of a large number of shareholders.
For a while, countless leeks waved banknotes to join the stock market.
With the arrival of May 1, the news that the United States and 13 countries established an energy coordination group came, and in an instant, the oil market around the world seemed to have recovered, and the transaction volume was slightly reduced, and the shock to the whole world was predictable.
Xiangjiang naturally also got this major benefit.
Subsequently, more shareholders waved banknotes and directly joined the stock market.
Suddenly, the Hang Seng Index began to grow rapidly, and even had a tendency to return to before the 1973 stock market crash, and the Hang Seng Index rushed to more than 800 points in one go.
Far better than the actual historical 466 points.
This is mainly the addition of Lin Li and Li Jiacheng, especially the Li family, which is simply a shot in the arm, and Lin Li also has to admit that Lao Li’s status in Xiangjiang is not comparable to ordinary people.
Lin Li is not in a hurry at all, except for writing scripts and drawing shots every day, he doesn’t look worried at all.
In fact, with the help of the Li family, there are still great benefits, at the very least, many things do not need to worry about themselves, this is, Lin Li is also very clear, this wave of stock market is over, the impact may be more serious.
But what about him
Capitalists have no conscience.
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