On October 15, 1987, all traders began to short the stock market in all directions under Li Longfei's order.
In fact, Li Longfei had arranged for people to sell the stocks he originally held as early as October. Before the stock market crash began, Li Longfei had made a small profit of more than 2 billion US dollars!
Then, the local traders of the United States began to sell stocks for short selling according to Li Longfei's instructions, and borrowed a large number of stocks from major securities companies to sell.
At the same time, a group of people were arranged to operate short selling stock index futures. Li Longfei's actions were very big, and a series of actions showed his distrust of the stock market!
Li Longfei did not think about hiding his identity. The tycoons on Wall Street knew that these were all Li Longfei's people after a casual investigation. They sneered at Li Longfei's operations!
The stock market in the United States has been prosperous for fifty years. Although there have been some fluctuations recently and stock prices have fallen, they still do not believe that the stock market will fall sharply in "903"!
Some people were waiting to see Li Longfei suffer, while others thought that Li Longfei was a nouveau riche who made his fortune entirely by luck, was short-sighted, and only cared about the petty gains in front of him!
Li Longfei didn't know what they were thinking, and even if he knew, he wouldn't care. They would cry in a few days. What was there to worry about with a bunch of people who were about to go bankrupt or whose assets were shrinking?
The next day, the stocks that Li Longfei sold yesterday fell by more than 100 points as expected. Li Longfei started buying when it fell to more than 90 points and returned it to the securities company! .
Then he sold a large number of stocks again with securities companies, and everyone thought Li Longfei was crazy.
With this amount of stocks, as long as the stock price and futures index rose on Monday, Li Longfei would immediately go from being the world's richest man to a poor man who couldn't take out a penny!
In the eyes of these financial tycoons, Li Longfei's huge amount of money stimulated the stock market, and the stock price would surely soar when the market opened!
Although they could not understand Li Longfei's operation, Li Longfei's name was still useful. Although several companies under his name had not yet been listed, they had already made valuations, with a total volume of tens of billions of US dollars!
Not to mention Li Longfei's cash flow of 40 to 50 billion US dollars, major securities companies have long been envious. If Li Longfei dared to short, they would dare to borrow!
Before the market closed, Li Longfei sold all the stocks on margin and a large number of stock index futures.
The 17th and 18th were weekends, and the stock market was closed. During these two days, no socialite asked him out, and Li Longfei spent two days with Nicole, the little star.
On Monday, October 19, 1987, after two days of closure, the Wall Street Stock Exchange began a new day with three bells, clang, clang!
As soon as the market opened, the entire screen was filled with red declines, without a single green rise!
It was then that the financial giants on Wall Street realized that something was wrong, and until noon the major stock indexes continued to fall!
Some people suggested whether the market could be temporarily closed to control the worsening situation, but no one dared to make the decision. The impact of the market closure was too great, so they could only grit their teeth and persevere.
It was too late to sell the stocks held at this time. There were only sellers but no buyers in the market.
Under the mutual influence of the stock market and the futures market, the stock price and futures index fell faster and faster. The occasional rebound during the period could not last long and immediately began to fall continuously.
On the US stock market alone, Li Longfei has made a lot of money. There are more than 1,600 stocks listed on the stock exchange, only more than 50 have risen slightly, and the rest have all fallen!
And Li Longfei has operated more or less on all of these more than 1,600 stocks. In the end, Li Longfei lost an ant but earned an elephant!
Not to mention that financial transactions around the world are united together. Under the influence of Wall Street, the stock exchanges in Beijing, Hong Kong, Singapore, Australia, and France all have traders arranged by Li Longfei.
Li Longfei, the manager of the management, didn’t know which stocks would fall and which would rise, but the overall environment collapsed. The rise was always limited, and the fall became the mainstream!
In stock exchanges around the world, Li Longfei maintained a record of a few stocks losing money and most stocks making money.
This is only the first day, and there is another day tomorrow!
These two days are the most intense, and Li Longfei only plans to operate in these two days. He can’t remember the follow-up, so he doesn’t plan to take risks. This time he made enough money to spend in his ten lifetimes.
Tonight, countless former millionaires, multi-millionaires, and even billionaires became penniless paupers. I don’t know how many people jumped off the building and committed suicide overnight!
The financial world calls this day Black Monday, but for Li Longfei, today is Carnival Monday!
In just a few hours, the United States alone lost 500 billion US dollars, and Li Longfei made a profit of more than 100 billion US dollars this time!
Don't think this number is exaggerated. Li Longfei's crazy move on the 16th was suicidal in everyone's eyes. He was playing with all his wealth...
One hundred billion US dollars is an exaggerated number, but it is not easy to understand how to make one hundred billion US dollars with 50 billion US dollars.
On October 20th, Li Longfei's trader started to buy back stocks as soon as the market opened. In addition to returning various stocks to the securities company, Li Longfei made every effort to buy stocks of companies that he was familiar with in his previous life.
This is when the stock prices of major companies are the cheapest. Of course, Li Longfei must take advantage of the cheapest time to invest in these golden gooses!
Li Longfei bought as many big companies as he could, such as Coca-Cola, Apple, Boeing, etc.
Major film and television companies in Hollywood are also Li Longfei's targets. As long as someone sells from the eight major film companies, Li Longfei will take over.
In short, how crazy Li Longfei sold on the 16th, how crazy Li Longfei bought on the 20th!
Although in the short term, Li Longfei willLose some of the money earned yesterday, but how can others know how far-sighted Li Longfei is!
Not only the United States, but also the world's famous companies, Li Longfei's traders are buying crazily.
Even the major companies that stepped forward to rescue the market and planned to buy back their own stocks could not compete with Li Longfei.
Originally, Li Longfei's operation yesterday had already pushed himself to the altar of 3.6. In the stock market crash where even the stock god was losing money, Li Longfei earned a huge income!
But today Li Longfei's participation is incomprehensible again. The financial tycoons can't understand why Li Longfei spent the money he had already earned.
In a week of rescue, Li Longfei spent nearly 40 billion US dollars, but the stocks he harvested were also astronomical figures!
In just one week of the stock market crash, Li Longfei not only harvested tens of billions of US dollars, but his cash flow completely exceeded 100 billion US dollars!
He also won shares of hundreds of companies with great development in the future!
Although there are not many shareholders, they are small shareholders with a few percent of the shares, but the number is there after all!
These companies will not have any problems in the next 40 years, which means that even if Li Longfei does nothing from now on, the shares of these companies can push him to the position of the world's richest man! .
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