"Wei Min, Wei Min, I am Shen Cun! It fell! It fell! It really fell!"
The sound coming from the microphone was thick. I wonder if it was due to the overseas call. The sound sounded a bit distorted.
But Ning Weimin can't worry about this.
He immediately looked at his watch and confirmed the time was 15:22 pm.
Even if there may be a deviation of one or two points, he also knows that according to time conversion, at this moment, it is almost exactly about 20 minutes since the market opened in the United States.
He immediately realized that it was most likely the call he was looking forward to, and his voice immediately rose in pitch.
"What? It's fallen! Cousin, you mean the stock market on Wall Street!"
"Of course, I am now outside the business office of a Wall Street securities company. You won't believe it. Papers are flying everywhere, and people are everywhere shouting at the top of their lungs and making phone calls desperately. Everyone is grabbing the phone, but fortunately... Fortunately, I was prepared, and after confirming the situation, I ran outside the venue and grabbed the phone... It won’t be too late to inform you!”
It could be heard from the phone that Shen Cun was still breathing a little, maybe because of running, maybe just because of pure nervousness.
Ning Weimin certainly wouldn't complain, he just couldn't restrain his excitement and asked.
"No! It's very timely! So what is the situation on your side now?"
"What else could happen? It's terrible! It's terrible! This is a super disaster! All three major stock indexes are plummeting, just like diving. When I came out, the Dow Jones had fallen by 3 percent, and the S&P had fallen by 100 percent. At 3:75, it was only fifteen minutes after the market opened. There were almost no buying orders, only huge selling orders. I don't know where it came from. People in the venue didn't have time to process it. Even the display on the screen couldn't keep up with the speed of the stock price drop! It's so scary! I have never seen such a scene. Many people were shouting, ' Sell! Sell! 'Some people shouted, 'Is the 1929 stock market crash coming again? '"
Shen Cun seemed to have adjusted his breathing, and he repeated the horrific facts he had just witnessed with his own eyes at a very fast speed.
However, his description of this unprecedented disaster became the greatest good news to Ning Weimin's ears.
Ning Weimin's lips moved back, a bright smile appeared on his face, and he said something that could instantly kill the confidence of all stock market traders at this time.
"Great! I really guessed it. Looking at it this way, we all made a lot of money!"
"How did you know?" Shen Cun's voice came from the other side of the phone again, but this time he was even more excited, "Damn it! How did you know that all this was going to happen? Even the investment banks on Wall Street didn't notice. Yesterday's newspaper , those Wall Street guys are still bound to rebound!”
"It's just luck!"
"Hey, if you use this excuse to deal with me, you are forcing me to use foul language."
"Haha, if you insist on asking, I can only say that it is based on the general trend and the situation of the world capital market. My financial sensitivity may be higher than that of ordinary people, so I have been making money through stocks."
"No, no, you must know something, you just don't say it. Otherwise, what's the reason? Well, I won't ask anymore. Anyway, I have to thank you. Otherwise, now I will become one of those unlucky eggs I’m a part of it! I’ll lose two apartments.”
Shen Cun was still knowledgeable. He controlled his curiosity and did not get too entangled in the content that Ning Weimin liked.
And his thanks were exactly what Ning Weimin was happy to hear.
"Did you really listen to me at all?"
"Yes, I liquidated all the stocks in the United States. I also sold most of the real estate. I also shorted the stocks of Lazard Investment Bank. I originally thought that if I lost money, I would let you use a few antiques to pay off the debt. Yes. Thanks to you, I will be able to fly first class when I go back."
"Haha, great, cousin, I have one more thing to say to you, don't be too greedy. Just accept it when you see it!"
"Okay, I remember it. I will believe it unconditionally as long as it is you in the future. I am also prepared to stay here for another three days. If you need to, contact me at any time. I also wish you good luck. ..."
After hanging up the phone, Ning Weimin immediately turned to the other two people in the room, Henri Lacamier and Pierre Carton.
He announced to them the news of winning the jackpot with an even brighter smile.
"Gentlemen, I have received good news from the United States. There is a panic stock market crash in the Wall Street market and it is collapsing. This matter will soon affect the stock market in France. It seems that my judgment is correct. God is helping us, so I’m afraid we won’t just make a small fortune this time, we will definitely win!”
To be honest, although it has been several days since the Avengers were formed, judging from the market situation, neither Henri Lacamier nor Pierre Cardin actually feels that they are so satisfactory.
Their account raised a large amount of stocks for sale, which is about 7.8 billion U.S. dollars. However, the effect is a bit unsatisfactory. LVMH's cumulative decline is only about 7%, and Dior clothing is slightly better, falling 9%.
The decline in Dior clothing once expanded to 13% in the morning, but hundreds of millions of dollars of buying orders came in, and soon the opponent's orders started to increase again.
They can all clearly feel that because of the surge in sales in Asia, the French fashion industry is one of the few industries in a weak market that can maintain astonishing profit growth, because optimistic expectations are very popular among European speculators.
In the French stock market, almost all such stocks are difficult to fall and easy to rise.
What's more, from a speculative perspective, short selling is also the most uneconomical thing to do.
Because the maximum profit margin cannot reach double.
On the other hand, there is no ceiling to the extent of losses.
No matter how big the negative news is for a stock, it is impossible for it to lose its market value, but conversely, once the stock has huge positive news, it may increase several times.
If this kind of thing really happens, no matter who it is, the short seller will have no choice but to lose his pants.
So recently their heart strings have been pulled to the tightest level, like a thread that cannot be recovered once it breaks.
They all felt that they were running out of funds. The more they spent, the more pressure they felt due to the rebound in stock prices, lest the plan fail.
I'm afraid that I won't be able to receive enough low-price chips by then, which will cause huge economic losses. And what comes from this is unbearable pressure, anxiety, panic, sleepless nights...
Fortunately, Ning Weimin became their backbone. Not only did he always use the most positive and firm attitude to boost morale when they felt hesitant, but his judgment was also extremely accurate.
’ At this time, he actually brought them such amazing news, like the gospel delivered by God’s angel.
Especially when Ning Weimin finished reporting the news, there was a bustle outside the VIP room exclusively for their use.
The two old men only ran out and took a few glances before confirming that the news was true. The disaster in the U.S. stock market had really begun to spread in France.
This news immediately wiped away all their confusion, and the stress disappeared, replaced by a sweet taste.
Especially Henry Lacamia, who has waited too long for the sweetness of revenge.
His first reaction after returning to the VIP room was that he had a free drink.
"Great, great! Are you really sure? This is true? Well, today belongs to us, victory belongs to us. I'm going to call and have some bottles of champagne sent over, and we have to celebrate. ! ”
"Haha, Henry, I can finally feel relieved now. I need to have a good drink. Now I can finally win a game. Ning helped us hit a good shot!"
Seeing the two smiling old men here, just immersed in joy and busy celebrating, Ning Weimin didn't know whether to laugh or be angry.
It has to be said that these traditional businessmen are still traditional. They are too simple in finance. They are very satisfied with a little gain.
Is this not the time to be busy enjoying and celebrating?
No, of course not!
There are not many opportunities for this kind of certainty, so of course you have to maximize your profits.
So he immediately called the broker who was trading for them.
He is no longer holding back, he is going to shoot all the bullets in his accounts and credit lines.
He is no longer focusing on the two target stocks. He wants to take advantage of the fact that the French market has not yet fully reacted. There is no 100% certainty on the destructiveness of this stock market crash.
Of course, he can sell whatever stocks he has that can be sold on margin.
Sell! Sell! Sell!
"What else is there for sale in Lyon's bond warehouse now? Two hundred and eighty thousand Total, okay, I want it! Sell it for me!"
"What else? Airbus, 440,000, I want it too! Sell it, sell it!"
"Safran? What kind of company is this? Forget it, it doesn't matter, sell it, one million shares, I'll sell them all!"
"What? No credit balance? It's impossible... It's really over! How about this? Sell me some more of your CLSA stocks? Sell me as much as you have!"
At this moment, I looked at Ning Weimin, who was rolling up his arms and sleeves and going all out to sell securities and go short regardless of the cost.
The two old men, who were smiling just now, stopped still again, and they were all dumbfounded.
Wolf nature eats meat for thousands of miles!
They further feel their aging and the gap between them and young people.
Perhaps, this era is really not suitable for them anymore...
Needless to say, from this point on, great panic continued to spread around the world like a plague.
In the U.S. market, it is only 10:30, and the Dow Jones Industrial Average has already dropped by 3.78%. In fact, this number is 508 points.
The trading volume in a normal day is about 100 million shares, but this day it was 600 million shares.
About 28% of the orders, including 92 million limit orders, could not be executed due to computer system lag.
At this moment, among the 1,600 stocks listed on the New York Stock Exchange, only 52 stocks rose, and the rest all fell. Among them, 1,192 stocks fell to their lowest level in 52 weeks, and many representative blue chip stocks were also doomed.
The stocks of almost all major companies plummeted by about 10%, and financial companies doubled their reaction.
For example, General Electric fell 13.1%, Telegraph and Telephone fell 19.5%, Coca-Cola fell 16.5%, Westinghouse fell 15.8%, American Express fell 18.8%, Boeing fell 19.9%, JP Morgan Chase fell 22%, and Lehman Brothers fell 21%. Lazard Investment Bank 25%.
Many investors, especially small and medium-sized investors, cried loudly when they saw the straight K-line on the screen as before setting off in the morning, "Do you want to sell? Do you want to sell? Oh my God! What's going on!"
Some people even dare not look at the stock price anymore and have to run outside the securities business department and look for places that sell alcohol and cigarettes. Their almost out-of-control emotions and hearts need something to numb and soothe them, otherwise they will not be able to do anything real. Will have a heart attack.
In addition, affected by changes in U.S. stock prices, overseas markets are also in chaos.
In Europe, the London Financial Times Index was at 83.70 points at this time, a decrease of 5.1%.
The Credit Suisse Bank Index fell 6.3%;
European stock markets fell across the board.
Because the French stock market has been in a bear market, the CAC40 index suffered the smallest decline, but the market still fell by 2.23%, the largest single-day decline this year.
As for France's heavyweights, it can be said that there are rivers of blood and grief everywhere.
Société Générale fell 9.6%, BNP Paribas fell 7.5%, Total fell 7.3%, Safran fell 6%, Airbus fell 8.6%, and CLSA fell 13.5%.
So even the fashion industry, the supporting industry of the French stock market, followed suit.
Hermès turned from rising to falling, from rising 1.6% to falling 2%.
Gucci, which has been plagued by family scandals, fell even further, 6%.
But they are still no match for LVMH and Dior clothing, which are being shorted.
Under the sudden impact of the stock market crash, the hesitation of these two companies turned into firm panic, and the negative emotions were instantly amplified.
The two companies plummeted!
LVMH fell 9.5%, bringing its cumulative decline to 16.5%.
Dior clothing fell 13.78, with a cumulative decline of 22%.
However, this is just the beginning, even if there is still an hour before the closing time of the day, especially the late trading time.
So this day is destined to be a huge disaster for Bernard Arnault!
"Asshole! Why don't you answer the phone? I've been looking for you..."
Because he couldn't contact Frank Meyer, the chairman and CEO, who had always been gentle and never used swear words, cursed his good helper for the first time.
As a result, before he could ask what he wanted to ask, he almost lost his temper and fell backwards at the other party's words, "What else can I do? Help you sell stocks, of course?"
"What? What did you say? You guy, what have you done!"
"I released all the stocks I bought for you today, and also sold some of the LVMH stocks in your account for securities lending!"
"How dare you sell my stocks without my permission..."
"Okay, don't be stupid! I have this authorization, and I am saving your life! If I don't sell it, you will go bankrupt!"
"It's not that easy. This is just the beginning. Besides, we have foreign aid. Maybe tomorrow..."
"Don't be stupid! This is a stock market crash, a stock market crash, do you understand! There is no foreign aid now! Henry and the others will definitely win! It's just your bad luck! Bernard, I sympathize with you, this is too bad... ”
"What? You said I could win, and now you say this to me! Do you sympathize with me? Have mercy on yourself, I will go over and kill you right now!"
However, his financial advisor lost his temper at this time and insulted him for the first time as well, and returned it to him.
"Hey, you idiot! I'm busy as hell at a time like this. So don't argue with me on this matter, you're a half-ass on this! I have to tell you right now, Lazard needs to take back the money we put in Spend at least 50% of your capital. For the sake of my friends, as the person who knows your financial leverage best, I give you one last suggestion: sell the LVMH holdings under Dior’s name immediately. Don’t hesitate. This is your best way to reduce losses, that’s it. Just help yourself, there will definitely be many people going to the rooftop after today, and I don’t want you to be among them..."
With a "bang" sound, the phone on the table in the CEO's office was thrown away and hit the wall.
Bernard Arnault looked at this capricious and cruel world with a face full of anger and blood, breathing heavily.
He couldn't listen anymore, every word the other person said was a reminder to him.
And he still doesn't know that he has actually done a good job.
But the problem is that he cannot solve the problem of time and space chaos.
This time, for a non-war crime, he was just plotted against by a certain bad boy who could pinch him and use the power of heavenly tribulation.
His confidence collapsed and he had nowhere to complain. He just felt that God was really unfair.
It was obvious that he had been planning for so long, and the plan was so thorough and flawless.
Why did it collapse just when it was about to be completed?
Unfair! So unfair!
How could such a ridiculous and bloody thing happen to me?
Does God just like fools like Henry?
What a bullshit world! (End of chapter)