Chapter 667
"Dear, it's hard for me to understand your caution." Selina kissed Jing Jian's face, and her golden hair was draped on Jing Jian's body. Although she was complaining, there was a strong smile in her eyes.
Before the end of last year, Jing Jian, Selina and a group of friends who went to Taiwan to make money collectively stopped and fled quickly, sweeping over NT$27 billion in the Taiwan stock market. The exchange rate factor is basically around NT$1 billion. Among them, Jing Jian got basically around NT$500 million.
However, the cash that is easy to evacuate is basically taken away by Selina and other friends. Jing Jian basically uses cash for Taiwan's goods and equipment procurement, as well as the construction of the Baohua Building and the layout of the theater chain. In the end, except for the part of the business operation money left for Baohua, the remaining one is only more than 100 million US dollars. And they were basically lent to Dahe Industrial last time, and for a while, this large amount of money was difficult to cash out.
Jing Jianxiao hugged Selina's slim waist and sat down on his thighs: "Little girl, you don't understand. You can't kill everything you do."
"Why?" Selina seemed a little dissatisfied.
"It is because of the stock market crash that just happened. We withdrew in time and also warned all investors and the Taiwanese authorities that our righteousness and legends are now being told in the world, and even the Taiwanese authorities have given us a letter of thanks. If we use this stock market crash to make the last profit, the political risks are really uncontrollable. I am afraid that we will become the scapegoat for those Taiwanese investors. The Taiwanese authorities are likely to freeze all our money with the flow."
By the end of 1989, the number of Taiwanese shareholders had opened accounts reached 5 million. It can be said that almost every family in Taiwan was participating in the "stock market carnival". Thinking back to the situation when Jing Jian entered the Taiwan stock market? When the crowded in, the number of Taiwanese shareholders opened accounts was only 600,000. This shows how crazy it has become.
As mentioned earlier, the Taiwan stock index broke through the 5,000 point mark in June 1988, exceeded 6,000 points in July, and rose to 8,000 points in August. Just when people thought that the stock market would soon break through the 10,000 point mark, in order to curb the stock market bubble, in September 1988, relevant departments in Taiwan introduced a policy of preparing to impose capital gains tax. In other words, investors have to pay tax on the money earned from the stock market. This negative news caused the stock market to break its wings for half a day, and the index fell from 8,813 points for 19 consecutive days to 4,645 points, almost halfway.
However, due to the prevalence of speculation in the Taiwan stock market at that time, many people were already in a crazy state. The "killer weapon" of the relevant Taiwan departments to impose capital gains tax did not play a long role. The Taiwan index raised its head again and continued to "prosperously". At that time, regardless of capital, fundamentals, market or psychological aspects, the bulls' strength had not been vented. The stock market fell for 19 consecutive days. After a rapid correction, it came out of the last wave of strong ejection, and the stock market directly hit the 10,000-point level.
In fact, the entire Taiwan stock market was already in a state of fanaticism at that time. At that time, some administrative departments in Taiwan had to wait until the stock market closed in the afternoon before they started to resume office work. Hotels and department stores also ushered in a consumption peak after the market closed, and the entire society was in a stock speculation craze.
In a crazy atmosphere, the Taiwan weighted index quickly recovered lost ground in the first half of 1989, hitting a new high of 9,000 points in June 1989, and broke through the 10,000 points mark as scheduled in the following days. By January 1990, the Taipei stock market began its final madness, hitting a historical high of 12,495 points. At that time, the market's optimism was overflowing, and people generally believed that the stock index would soon break through 15,000 points.
In such a fanatical atmosphere, the investment company that Yi Baohua and Taiwan's underground banking partner began to actively predict risks and successively issued open letters to all investors who opened accounts in their own companies, predicting: "...the risks are no longer controlled and will be closed after settlement..."
This behavior immediately became news because in the Taiwan investment community, the investment company has become quite famous. However, the investment company ignored the criticism of the outside world and insisted on ending its securities business, and publicly called on the Taiwanese government and shareholders to "restore calmness" in the media...
I don’t know how much of this effect is. Anyway, the old men and mothers who were cursing and taking the money almost turned around and opened accounts at other investment companies, hoping to continue the feast. In the stock review program in Taiwan, the guests were basically ridiculed and even wrote a lot of jokes.
However, just after February 1990, the appreciation of the Taiwan dollar has slowed down, and the trade surplus has not risen again. Ending ten thousand points is not a dream, and ten thousand points is a illusion of safety. It has become the silence of the large bulls in the Taiwan stock market. It is regarded as the last straw that overwhelms the camel and also found an excuse for short sellers to fall. The index collapsed from the highest point of 12682 points, and now it is below ten thousand points. And Jing Jian also knew that the stock market crash would continue to fall for more than 8 months and would not stop until 2485 points. And it will linger at the low point for many years in the future.
At this time, many people recalled the previous warnings and won praise. Although a group of American ladies like Serena is not afraid of the Taiwanese authorities like the gray grandson, it is worth it to reduce unnecessary trouble. Especially now, the fame and fortune are gaining both fame and fortune.
"Dear." When talking about investment, Selina became blind, "This time you made a lot of Chinese RMB? Our Angel Fund specializes in the portfolio investment of the Oriental Market, and its profit exceeded 150% last year. The 20% handling fee you charged was too bullying. Don't forget, you are also one of the partners of Angel Investment?"
"Haha. Little Finance fan." Jing Jian cursed, "If you are willing to take out US dollars for RMB, you only need a 20% handling fee. I can take out as much as I want."
"That's what I said." Selina rolled in Jing Jian's arms and acted coquettishly, "Hey, I'm looking for me this time. Is there a new project?"
"There are indeed new projects, oil futures, which will rise sharply in the short term?"
"Ah?" Selina suddenly stood up, "The oil price has been sluggish for a long time and has been hovering around $14 for a long time. What is the reason? Can you tell me?"
"Of course, we are partners." Jing Jian smiled, "I think the political situation in the Middle East will be unbalanced, and a war will occur in the next six months. Oil prices will rise to more than $30 in the short term. The key is the border dispute between Iraq and Kuwait. I think that strong man in Iraq is likely to attack Kuwait. Selina, you have many friends in the State Department, so you should be able to get news about that, right?"
Chapter completed!