Chapter 28 Entering the New York Stock Market! Crazy profit of $253 million

Chapter 28 Entering the New York Stock Market! Crazy profit of $253 million! !

Kayla was there to open a US stock account for Yang Ming, and Yang Ming was thinking that he could use the funds now.

Now it’s almost HK$430 million.

According to the current exchange rate of 1 US dollar, which is about 5.5 Hong Kong dollars, it works out to about 78 million US dollars.

Seventy-eight million US dollars, this is the funds that Yang Ming can use.

According to the current daily trading volume of US stocks, which fluctuates around 10 billion Hong Kong dollars, that would be about 2 billion US dollars.

In 1978, the daily transaction volume was US$2 billion, which was certainly a lot.

If he wanted to make a profit of US$200 million, even if he calculated a 100% rate of return, he would have to invest around US$200 million.

Now he only has more than 70 million US dollars in funds at his disposal.

In other words, financing must be obtained from Huifeng Bank.

If he uses more than 300 million US dollars in funds, then the risk of his investment must be lower.

"Mr. Yang, your US stock account has been opened for you. When it is opened at 22:30 in the evening, you can enter the investment."

It's not yet 22:00 in the evening, but it won't be far away.

"Miss Kayla, I still need to raise funds."

What?

Yang Ming wanted to raise funds again.

Keira and Lehman no longer knew what to say.

"Mr. Yang, how much do you want to raise?"

"Now I can use more than 70 million US dollars in funds. I want to raise about 300 million US dollars, which is almost four to five times."

Four to five times?

In fact, it is similar to entering the London stock market just now.

It’s just that the amount of funds is now even larger.

Calculated from US$300 million, it is already HK$16.7 billion.

Such a large amount of financing funds can only be provided by Huifeng Bank in Xiangjiang.

"Mr. Yang, this is very risky!"

The larger the financing, the greater the risk, and the larger the amount of capital, in the eyes of Keira and Lehman, the greater the risk.

In Yang Ming's view, the risk is actually smaller.

If he only has a principal of more than 70 million US dollars, and the profit is 200 million US dollars, or even more, the risk is actually greater, and it is even impossible.

According to Yang Ming's advance observation of the increase in U.S. stocks, some stocks have soared by more than 100%, but not many. Basically, an increase of 60 to 70% is considered very good.

The total market value of many of these U.S. stocks is actually not high.

If, like in the next forty years, Apple and Amazon have market capitalizations of two to three trillion US dollars, even if they increase by one percent every day, the transaction volume will be very huge.

It's not like that now, and many companies don't have a high total market capitalization.

"Mr. Yang, I still want to talk to the boss on the phone."

When it comes to financing such a huge amount of money, Keira can't make the decision.

She was originally just an account manager at the branch of Huifeng Securities Company, and things like financing belonged to another department.

When Kayla communicates with the above.

I learned there that Mr. Yang had made huge profits from trading in the London stock market just now, and now he wants to raise funds again to enter the U.S. stock market.

Nothing but silence there.

After a few minutes, they agreed to Yang Ming's financing, and the interest and commission on the financing were relatively low.

Even then, if Yang Ming makes a profit again, for Huifeng Bank's financing department, tonight's profit may be worth more than half of their company's net profit.

When Kayla came over with a faxed and printed financing risk letter.

Yang Ming read it carefully and signed his name.

Yang Ming knew that financing would be no problem.

At this time, he already had more than 200 million US dollars in his U.S. stock account.

In addition, there is also his own principal of more than 70 million US dollars, which means that his US stock account has exceeded 300 million US dollars.

Three hundred million dollars?

In the late seventies, it was definitely a lot of money.

At 10:30 a.m. New York time, multiple U.S. stock exchanges officially opened.

22:30 pm local time in Xiangjiang.

Kayla and Lehman also followed Yang Ming's instructions and began to buy the stocks he wanted to buy.

Now each stock is bought for about US$2 million to US$5 million.

All three hundred million dollars were bought.

That's almost dozens of stocks that need to be bought.

Keira and Lehman were nervous again.

Every time Yang Ming named a stock and the number to buy, they would talk to the trader on the other side of the phone.

Starting from 22:30 in the evening until 23:00 in the evening.

Both Kayla and Lehman continued to buy the stocks Yang Ming said one after another until 23:25, so that the time of non-stop buying ended.

Yang Ming thought that Yang Jirong and his wife, who should be at the mountainside villa now, were waiting for him to come back.

After Lin Xiuzhi pushed him to another landline phone, Yang Ming called back to a landline in Repulse Bay Villa.

After a while, Yang Ming discovered that it was the housekeeper Lin Dezhong who answered the phone.

"Young Master Yang, haven't you come back yet?"

"Steward Lin, tell my parents that I am still here at Huifeng Securities Company and may not be able to go back until early in the morning."

"Yes, Mr. Yang."

Yang Ming hung up the phone.

At this time, Kayla and Lehman were constantly answering the phone and communicating with traders in New York.

The trader in New York kept reporting on the gains in the stocks the two of them had bought.

Basically, these stocks are going up.

Of course, there are some that have fallen.

According to Yang Ming, when the increase reaches more than 85%, he will start selling.

Because there are too many stocks.

Yang Ming was waiting in a wheelchair.

When the time came to twelve o'clock in the morning, in addition to some stocks starting to be sold, Yang Ming began to yawn, mainly because he had not taken a nap, and now that it was so late, he actually started to feel sleepy.

Kayla, Lehman, Lin Xiuzhi, and Haili all looked very energetic.

Kayla and Lehman, in particular, basically didn't stop, except for occasionally having someone bring them coffee to refresh themselves, or they would immediately take time to take turns going to the bathroom and come back to continue trading those stocks.

"Boss, are you really not nervous at all?" Lin Xiuzhi asked in surprise.

"Um."

Yang Ming knew the rise and fall of these stocks in advance on Saturday. Why should he be nervous?

not to mention.

This money was not hard-earned in the first place. Even if it was completely lost, it was just a number in Yang Ming's eyes.

Lin Xiuzhi really didn't know what her boss was thinking.

Lin Xiuzhi didn't know how much money her boss had before.

She knew that when her boss easily spent tens of millions of Hong Kong dollars, or even tens of millions of pounds, or hundreds of millions of dollars to trade on the stock market, she knew that it was probably not much for investors in Hong Kong, or even around the world.

12:30 a.m. New York time.

12:30 am Xiangjiang time.

According to what Yang Ming said, Keira and Lehman have sold a lot of stocks.

In addition to getting your principal back, you will naturally also make a lot of profits.

Next, until 2:00 in the morning, the two of them kept selling those stocks.

When 80% of the principal has been returned, which is more than 240 million US dollars, the remaining 60 million US dollars of principal are still being sold.

Yang Ming's profits are getting higher and higher.

From US$160 million, it quickly exceeded US$180 million.

These are profitable.

In addition to the taxes generated during the transaction, there are also interest and commissions on financing. Now you can see that this is his profit.

As fewer and fewer stocks remain unsold, Yang Ming's profits get higher and higher.

When the profit reached $240,000, there were still five stocks that had not been sold.

Now that these gains have not reached 85%, Yang Ming feels there is no need to wait any longer and let Keira and Lehman sell them all.

When these were sold, the profit reached thirteen million dollars.

Keira and Lehman finally breathed a sigh of relief.

Both of them seemed to be paralyzed from exhaustion just now.

Except for the fact that my ears and hands were hot, and my whole ears were ringing with the sound of those stocks rising just now, all I could think of was those numbers.

Now these stocks are all sold.

That is to say.

Through financing, Yang Ming has now made more than $253 million in profits in addition to investing more than $300 million in capital.

After calculation, the return rate is almost 84%.

A return rate of more than 80% was achieved.

In one night, the profit was 253 million, which is nearly 1.4 billion Hong Kong dollars.

In other words, Yang Ming made a profit of HK$1.4 billion in one night just from the US stock market.

Although the amount of financing he raised reached US$300 million, in fact, Yang Ming’s capital at that time was only HK$430 million.

Now the profit has reached 1.4 billion Hong Kong dollars, which is absolutely crazy.

"Mr. Yang, you are really amazing." After Kayla reacted, she immediately gave Yang Ming a hug.

It was the first time in so many years that she had seen such crazy investors.

The profits are still huge.

"Mr. Yang, congratulations." Lehman also extended his hand and said.

"Thanks."

After Yang Ming shook hands with Lehman.

Lin Xiuzhi and Haili looked to the side and were shocked and speechless.

Although the two of them didn't know how much their boss was worth before, they witnessed with their own eyes that the boss went from making tens of millions of Hong Kong dollars in profits to US$300 million to US$1.4 billion in profits from the Hong Kong stock market, the London stock market, and the US stock market.

In other words, Yang Ming's net worth at this time, in their opinion, is at least one billion Hong Kong dollars.

If you want to say that in Hong Kong at this time, a few hundred million is not a lot, but a billion Hong Kong dollars is definitely worthy of the ranking.

Yang Ming liked to look at Lin Xiuzhi and Haili who looked stunned.

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