It's impossible to convince everyone with a single word, especially when huge interests are involved, so no matter how well He Zhengcheng spoke, there would always be dissenting voices.
"Although what he said has some flaws, the future is like being shrouded in a mist. None of us can see too far. If we can see 5 meters in front of us, He Zhengcheng can see 15 meters.
I felt enlightened after hearing him. It's not that his words were flawless, but that he could guide us again and again!" Chao Yang once again stood up to speak for He Zhengcheng.
He Zhengcheng might have many flaws, such as an unstable theoretical foundation, lack of experience, overconfidence, and being a bit aggressive. But his core advantage isn't these; there are many, many people more capable than him, but almost no one can see the future more clearly than he can.
"We accept him precisely because of this ability of his." Lv Lang
"So, are you going to trust me, or just reference my opinion? Investing in America and Great Xia is my judgment and my decision. If you still have doubts, how about this, wait a bit longer and see how long it takes me to earn my first 10 million, or 100 million, on my own. Let me prove myself first... Oh, by the way, I made 10 more short trades this morning." He Zhengcheng's Dad's account leverage ratio had been increased. With the current funds, he could make 35 trades. He had already shorted 20 trades, and today he shorted 10 trades at 8150 points.
Looking at the computer, the Hang Seng Index seems to be about to fall below 8000 points now.
"Our family currently owes nearly 10 million Hong Kong dollars. I only have about 2 million in cash now. I don't know how long it will take to pay it off, so how about we wait a bit longer?" He Zhengcheng kindly advised.
He calculated that if the Hang Seng Index fell to 7000 points with this wave of short positions, his profit would be around 3.5 million. By August 14th, he would have around 5 million in cash. At that time, if he followed the Hong Kong Government Monetary Authority's counterattack and went long on 100 contracts, the profit margin would be about 1000 points.
He should be able to earn another 5 million, and then he would be completely free and fearless.
"How did your family end up owing so much money?" Xu Xin
"At the beginning of this year, the family took out a loan to buy a small hotel property. There wasn't enough money, so they took out a bank loan, mortgaged the property, then my Dad failed at bottom fishing and lost a lot, then housing prices fell, and capital was used to pay off debt." He Zhengcheng briefly explained, but he should have made things clear.
"It's mainly money owed to the bank, that's easy to handle, just apply for an extension." Chao Yang
Yes, money owed to the bank is the simplest, and also the most complex. The key to the problem lies with people. The reason He Zhengcheng dared to speak was that he wasn't afraid of others secretly causing trouble. At most, they wouldn't want that small hotel, and the whole family could move to Great Xia with tens of millions of Hong Kong dollars to start a business.
To be honest, if it weren't for the high probability that his parents wouldn't agree, he would really want to buy a house and open a hotel in Pengcheng or Yangcheng. With the current housing prices in the mainland, even if the hotel business was bad, his family could become billionaires in ten or eight years.
Of course, things generally wouldn't be that bad. If a deal doesn't go through, goodwill remains. Harming partners when cooperation fails only happens in novels, or when encountering someone with intermittent mental disorder.
"Which bank did your family borrow from?" Ji Jiasheng
"Probably the Bank of East Asia in Kowloon!" He Zhengcheng
"Then there's no problem! I'll go to the bank with you then." Ji Jiasheng
He Zhengcheng looked at him gratefully, saying nothing more. Even if you don't accept someone's good intentions, there's no need to directly refute them. He would see how things went; if he could solve it himself, he would, as he wasn't short on money.
"I think the information industry is very suitable, so let's make this our main investment direction. How about it, is there still a need to argue?" Xu Xin
"I agree!" Yu Dehui was the first to concur.
"I also agree." Chao Yang
"I agree." Ji Jiasheng
"I'm not against this..." Lv Lang
"Then it's settled!" Xu Xin interrupted Lv Lang.
"Good!"
"Good!"
"Good!"
"???" He Zhengcheng himself was full of question marks. How could they be so hasty? Did I really activate a 'weak-minded' aura? I didn't do anything!
Who would give so much trust to someone they just met?
He Zhengcheng didn't know how he convinced them. Ji Jiasheng and the others also didn't know why they trusted He Zhengcheng's judgment so much. Perhaps it was He Zhengcheng's judgment on Long-Term Capital Management, which was so unexpected and well-reasoned. It is said that some departments in Great Xia and Hong Kong have already started to take action, wanting to move against Long-Term Capital Management, a company that seems unimportant but has a significant impact.
Another key point He Zhengcheng might have overlooked is that everyone only needs to be responsible for their own projects. He set the direction, but others still had plenty of choices.
By the time the market closed in the afternoon, the Hang Seng Index had fallen to 7900 points.
"8000 points should be a critical level. Bulls and bears might contend here for a few days." Chao Yang observed.
"Oh, then I won't do anything." He Zhengcheng
"You still need to keep an eye on it. If the bulls defeat the bears, you'll need to cut your short positions as soon as possible! You haven't suffered a loss yet, so your self-confidence is very strong. This is a good thing, but also a bad thing. If things go beyond your expectations, how will you handle it? Have you thought about that?" Chao Yang
Yes, my existence is changing history. What if Soros gets scared away prematurely by my schemes? If I still operate according to my previous memories, wouldn't that be terrible?
What is the meaning of my existence? Can changing history really be done? Duan Chao was born in the 80s, so logically, he should have been born already. Since I am here, does he still exist? If he exists, what should I do? If he doesn't exist, what should I do? He Zhengcheng fell into self-doubt just like that.
"I'll close half my positions when the Hang Seng Index approaches 8100 points, and all of them if it exceeds 8500 points. If it trades sideways for a long time and doesn't fall below 7000 points within a month, I'll exit completely. After it breaks below 7000 points, I'll be ready to reverse and go long at any time." He Zhengcheng thought for a few minutes and came up with his plan. Doubts could exist, but life still had to go on.
"Good!" Chao Yang patted He Zhengcheng's shoulder, praising him.
"Let's go, let's celebrate today. After so many days, the disagreements are finally resolved. We're going to make a big splash!" Ji Jiasheng
"Tonight, we won't go home until we're drunk!" Yu Dehui
"Drinking is fine, but getting drunk is not!" Xu Xin
"Suit yourself, I'm going to drink my fill anyway!" Ji Jiasheng
"I'll join you!" Lv Lang
"Good wine, don't be greedy; a slight buzz is better than getting drunk!" He Zhengcheng
"Hahaha..." Chao Yang suddenly burst out laughing.
"What a great saying: 'Good wine, don't be greedy; a slight buzz is better than getting drunk.' It's just a bit of a killjoy!"
"It seems I'm still inexperienced, my mistake. Sheng Ge, please don't blame me. I'll drink to you first!" He Zhengcheng put aside his little thoughts. Cooperation is cooperation, money is endless! Let's all go for a drink, my treat...