Although it was very difficult to join eBay's board of directors, he still wanted to get those one million eBay shares. For this, he had to raise 20 million US dollars. Goldman Sachs' 5 million helped him satisfy a quarter of it, and he would have at least 5 million in disposable funds. What about the remaining 10 million US dollars? What should he do?
"Sister Xu, Brother Yang, are you really not going to reconsider? Even Goldman Sachs is willing to invest, which shows that the risk this time is actually controllable." He Zhengcheng said.
"It's not because of the risk, but because we also need liquid funds, otherwise, if we see a good company but have no money, we'd have to give up," Xu Xin replied.
"Your plan requires holding for more than half a year, and too many changes can happen during this period," Chao Yang added.
At this point, He Zhengcheng realized that not only the investors but also the team didn't trust him much. This was understandable; for a recent university graduate to manage hundreds of millions of rmb, only a crazy entrepreneur like Sun Zhenyi would give him a chance.
Understanding was one thing, but feeling annoyed was another. He had wanted to lead them to success, but they were so unappreciative. If that was the case, they shouldn't blame him later.
What to do? Kill acquaintances, of course. Aren't many highly contagious sales behaviors started by killing acquaintances?
This matter wasn't urgent; he would discuss it at home. Some good news came last night: the Federal Reserve had gathered several major Wall Street investment banks, saying they would jointly rescue Long-Term Capital Management, which was on the verge of collapse. This was genuinely good news. As long as they joined forces, there would immediately be ample liquidity, and with additional capital, they could digest the losses within a few months and even make a substantial profit. However, that was as far as it went; there were huge disagreements among these investment banks, making long-term cooperation impossible.
The Hang Seng Index initially showed no reaction, instead falling to 6800 points, causing He Zhengcheng to lose over 100,000. Fortunately, he had ample margin, so there would be no problem. Seeing the decline slow down, when the Hang Seng Index returned to 6800 points, He Zhengcheng, who had been troubled by a lack of money for a long time, added another 20 lots.
The lowest point of 6500 points was an anchor. The Hang Seng Index, with this motley crew, couldn't fall that much. Although He Zhengcheng didn't understand futures very well, all things were connected. As a not-so-sunny otaku, he liked conspiracy theories. So, who knew if this wasn't the bulls taking the opportunity to wash out the market, shaking off the wavering and those last defiant bears? Maybe one day there would be a big surge, and then in a few swift moves, the Hang Seng Index would be pushed above 8000 points. However, he needed to be careful these two days. If the Hang Seng Index fell by 100 points, he would lose over 200,000. Based on his average price of approximately 6850 points, if the Hang Seng Index fell to 6500 points, he would lose over 700,000. Well, it wasn't much at all. If his 500,000 US dollars were here, he wouldn't be liquidated, but he had transferred the funds to America to buy Yahoo shares.
"Cheng Zai, don't be like this. You're a bit obsessed now. If you miss this opportunity, there will be another. You need to learn to let go," Chao Yang comforted He Zhengcheng.
"I know!" He Zhengcheng wasn't in the mood to listen to this. He had given up too many times before. Now that he had an opportunity, why shouldn't he try his best to seize it?
"Cheng Zai, the opportunity in America is good, but you haven't even researched that company yet. No matter what you say now, how many people do you think will agree? They'll just say you're still immature!" Xu Xin said.
"Immature!" He Zhengcheng finally knew the real reason. Immature, huh? Putting himself in their shoes, many things became clear with a little thought. This wasn't someone else's problem; it was his own. All Reborn are so ambitious. Who knows how many Reborn without a protagonist's halo can succeed? At least He Zhengcheng wouldn't be so smooth. This wasn't August 14th, the day of the Hong Kong Government's Hong Kong Monetary Authority's big counterattack. To still be buying and selling Hang Seng Index futures like this and making money, wasn't that because of the protagonist's halo? ...Well, historically, the Hang Seng Index futures also consolidated below 7000 points these few days, then suddenly surged next week, reaching 8200 points within two days, scaring off a bunch of short sellers, who then obediently conceded around 8000 points. The protagonist's thinking aligning with real market conditions—that's the protagonist's halo. A successful person's success might be half talent, but the other half is definitely dominated by luck.
On the way home, he called his futures broker, Feng Xinghe, asking him to keep an eye on the Hang Seng Index. If the Hang Seng Index fell below 6700 points, he should stop his loss on 20 lots. If it fell below 6500 points, he should stop all losses. In that case, he might lose over 500,000. After making these arrangements, with all risks under control, he could confidently start killing acquaintances.
"You want to mortgage our entire hotel and house?" Tan Yingyao asked.
"Yes, the mortgage period shouldn't exceed one year. I really don't want to miss this opportunity. If I do, I might regret it for many years," He Zhengcheng said.
"You should still ask your Dad about this. This is his life's work," Tan Yingyao advised.
"Of course I'll ask him, but if you object, then forget it. This is our family's matter; I can't just think of myself," He Zhengcheng replied.
"I don't mind. If this hotel is gone, and your Dad is willing to develop in Daxia Country, I'd also like to go and take care of him," Tan Yingyao said.
"Then I'll go ask!" He Zhengcheng thought. If their family's tens of millions of Hong Kong dollars in assets were a few years from now, they wouldn't even be concerned about it. But now, it was just the beginning. What could he do?
"…"
"Dad, what do you think about this?" He Zhengcheng asked.
"You're basically subscribing to new shares, and you don't have to worry about not being able to buy them?" He Wenxuan asked.
"Uh, you could interpret it that way," He Zhengcheng said. When he heard that, it sounded quite reasonable. Subscribing to new shares in Daxia Country in this era was a guaranteed profit.
"And most internet companies that went public in recent years saw a big jump on opening day. There weren't any stocks that fell below their offering price, right?" He Wenxuan continued.
"That's right, but no one can guarantee such things. I just believe that within one or two years, this company's stock will see a significant increase," He Zhengcheng explained.
"If something is 100% certain, it wouldn't be our turn. And if there really were such an opportunity, I would advise you to give up. Earning less is better than being scammed," He Wenxuan said.
"So what's your opinion?" He Zhengcheng asked.
"Go ahead. Even if this hotel is lost, I can build a better one for our family in Daxia Country," He Wenxuan replied.
"Dad has decided to develop in Daxia Country?" He Zhengcheng asked.
"Let's wait and see. At least for now, there's a huge demand for economy hotels in Daxia Country, and there's basically no competition," He Wenxuan said.
"The key is to find talent familiar with the Daxia Country market. It's best to give them some shares so that we can achieve rapid development. We must become the market leader as quickly as possible before local Daxia Country talent awakens," He Zhengcheng emphasized.
"Give outsiders shares?" He Wenxuan questioned.
"As long as he has the value, we use money to exchange for time and future. Which is more important: a small company with assets over 100 million or 10% of a large company with assets over 10 billion?" He Zhengcheng asked.
"Alright, I'll consider it!" He Wenxuan replied.