Chapter 987 – Pot calling the Kettle black (1/2)
“boss, rumors of high dividends are appearing in the market. But these rumors are fake, and many people are entering the market. Today’s stock market will continue to rise!”
He Zhaoji panics. Where did these idiots come from? How can they believe these rumors?!
You all are following the market blindly, and once someone suppresses the market, every one of you will have your money trapped! Just Feng Yu, Fu Rongqi, and Superman Li can suppress the market.
If the top Hong Kong tyc.o.o.ns start to dump their shares, and Hong Kong investors will lose the confidence of the market.
Fu Rongqi and Feng Yu had discussed if they should dump some shares to cool the market. But many people think it is a bull market now. Unless all the top tyc.o.o.ns start to dump shares together, the market will not be affected.
Furthermore, many people are trying their luck. They knew someone us pus.h.i.+ng up the stock index on purpose and is going to crash it. But they want to make some money when the prices are high, and they can sell away their shares when the market crash.
However, when the market crash, not many of them are willing to stop losses and sell their shares! Many people will be trapped in the market.
“We cannot do anything to stop those people. Since they want to die, how are we going to stop them?” Feng Yu shook his head. If he comes out and says the stock market will crash, he will be the bad guy and will be a laughingstock if Soros did not attack Hong Kong.
“Are we going to leave our money in the account?” He Zhaoji felt his heartache. Although their money is in the bank, the interest is too low. For a trader, putting money in the bank, earning pathetic interest, is equivalent to suffering losses!
“Just leave it there. If we invest the money and Soros attack Hong Kong suddenly, we might not withdraw our fund in time.”
“But the Fu Family and the Government are around.” He Zhaoji replied.
What He Zhaoji said was right. Feng Yu does not need to suffer losses just to protect Hong Kong’s financial market. This should be the Government’s job!
“We will continue to invest in Yen, but be prepared to cancel our contracts anytime.” Feng Yu thought for a while and said.
He Zhaoji nodded and went out. Feng Yu looks out of the window. He knew no one would appreciate what he is doing, but he will still do it.
……
“Brother Feng, why are you staying at home every day and not going out?” Fu Guangzheng asked. His name is on Asia’s Billionaire list for the first time. It is the only Hong Kong second generation to get onto the list. Even Li Zekai does not qualify.
“Go out? Where? Macau with you all? You should know that I am not interested in those activities. You should also control yourself. It’s fine if you are doing it for pleasure, but if you get addicted, all your money will be gone.”
In Hong Kong, the number one rule in all influential families is not to gamble! The older generation knows that gambling will lose the family’s fortune in a blink of an eye. Drugs might be expensive, but it will only harm individuals.
“I know. Players are always the losers when it comes to gambling, and the most profitable business is the casino. But I had told you before that He Laosan (Laosan = number 3 or third among the siblings) is planning to start a floating casino and is inviting me as a partner. Are you interested?” Fu Guangzheng asked.
“Huh? Which He Laosan?”