Chapter 051 - You're All Crazy!
In Jiangnan Water Town, the realistic artificial mountains and fountains were set up in the restaurant, creating a relaxing ambiance.
The cascading sound of the water harmonized as they sat on the boat-looking seat.
One has to admit the interior designs fit in perfectly with its scenery.
The Jiangnan's style dishes were exquisite and delicately arranged on the dining table.
Noticing Ye Chen didn't start talking, Zhang Jingshan, who had been holding back for a long time, could not hold back any longer and asked.
"Brother Ye, what exactly is 'the road to wealth' you are talking about? How did it get involved with the Four Seas Group?"
Upon his question, Ye Chen steadily put down his chopsticks, rinsed his mouth with lemon water, and blotted his mouth with the napkin.
Then, he slowly answered, "Sell short the Four Seas Group!"
"What the hell?" Hearing this answer, Zhang Jingshan almost spitted out his water.
Sell short the Four Seas Group? Was he crazy?
Right now, the Four Seas Group was thriving with each passing day. Although there's a limit on rising in its stock price, they considered its rising momentum the most stable one in the market.
Wasn't he crazy to short sell the Four Seas Group now?!
"Brother Ye, short selling the Four Seas Group? You're not kidding, right?" Zhang Jingshan had to doubt Ye Chen's professionalism in stocks.
This was because, in this current financial market, nobody dares to short sell the Four Seas Group, not to mention those who didn't feel optimistic about its potential!
To blurt out such words- either that person was ignorant or nuts!
"Brother Ye, you may not know that the Four Seas Group is currently the popular stock in the Hong Kong stock market! From its initial company listing of 4 billion dollars, it has achieved 160 billion dollars today! Except for the stock market crash, the Four Seas Group is maintaining its increasing price. Even during the bear market, there's just a slight drop on its stock price; and its price continues to rise afterward!"
"Brother Ye, it's not a wise choice for us to short-sell the Four Seas Group! Also, there's no news that their stock price will decline soon!" The way Li Changfeng spoke was relatively mild. However, it didn't mean he'll agree with Ye Chen's statement.
He had been playing with stocks for not a year or two. In fact, he has invested in stocks since college. Thus, his stock and market sensitivity was relatively higher than normal people.
The choice to short sell the Four Seas Group did not differ from looking for death.
"Brother Ye, perhaps you have misunderstood the meaning of 'short selling'? In short selling, it means when an investor borrows stock shares from the broker and sells those borrowed shares at market price; then buys back the shares at a lower price. We gain profit from the drop in the stock price!"
"For example, the stock price of the Four Seas Group is about 40 dollars. First, we borrow 1 million dollars shares from the broker at the stock price of 40 dollars, which costs 40 million dollars in total. Then, when the stock price of the Four Seas Group falls to 20 dollars, we buy a million dollars shares at the price of 20 dollars. To complete the short sell, we return the shares to the broker. Thus, we earn profit from the difference between the buy and sell prices, which is 20 million dollars!"
"However, based on the current situation of the stock market, the Four Seas Group won't be facing a stock slide. If we short sell the Four Seas Group, doesn't it mean to throw our money down the drain?" Zhang Jingshan, whose brain was a bit confused, felt the need to give Ye Chen an explanation of the word "short selling" babbled hurriedly.
Perhaps he might believe Ye Chen's intuition in other matters. However, regarding the matter of short-selling to the Four Seas Group; well... he felt it was impossible!
"I'm a person who has created a business with my degree. Do you think I can't even understand what short selling is?" Ye Chen laughed helplessly.
Ye Chen understood both Zhang Jingshan's and Li Changfeng's reactions.
After all, the Four Seas Group was very popular in the stock market right now. If he'd say to short sell that company at this moment, most will think he went nuts!
"Then why do you still...?" it baffled Li Changfeng.
"No, Brother Ye. Don't tell me you know the insider information! You know what's going to happen to the Four Seas Group, right?" Recalling the matter of Jin Lin Mansion, Zhang Jingshan shrieked.
The insider information?
Of course, Ye Chen certainly knew it.
If there's no mistake, after providing those clues to the inspection team, they should uproot the Maple Leaf Hotel in the next few days.
The Four Seas Group, which was related to the Maple Leaf Hotel, will surely be affected. Afterward, the big leader of the City Bureau will get caught, and the relationship between the Four Seas Group and that leader will be exposed to the public, leading to an overwhelming public opinion.
If he wasn't mistaken, the stock price of the Four Seas Group in his previous life plunged rapidly in just a few days- from 40 dollars to 10 dollars, breaking the lowest record in the stock market history.
It has resulted in countless retail shareholders holding shares of their company losing their money.
Finally, until the state-owned enterprises took over the Four Seas Group, only did they slightly stabilize the out-of-control situation.
However, it's impossible for Ye Chen telling them this stuff. He also dares not say.
"Anyway, I've pointed out the road of wealth to you all! Believe it or not, it depends on you!" Ye Chen intriguingly said after the end.
Grabbing out his bank card, he added. "General Manager...Oops, Jingshan and Changfeng, there are nearly 28 million dollars on this card! I'll leave a few hundred thousand dollars in it. Take the remaining 27.5 million dollars to help me short sell the stock of Four Seas Group!"
"Brother Ye, you..."
"Brother Ye, you..."
Both Zhang Jingshan and Li Changfeng exclaimed in unison, with faces of disbelief.
Was he being serious?
They were clear this 20 million dollar was definitely Ye Chen's entire fortune.
How could he spend his entire fortune just to short sell the popular stock?
"Brother Ye, you're not kidding, right? Are you sure you're serious?" Zhang Jingshan was confused.
"I'm serious! If you believe me, grab this opportunity!" Ye Chen chuckled and said.
"I- Let me think about it again!" Zhang Jingshan hesitated.
"Brother Ye, if you are sure you really want to take this 20 million dollar in short selling, I can do it for you! But, don't you want to think twice about it? How about considering observing the market first?" Li Changfeng persuaded with a grave expression.
"Consider? No, I won't! If I do that, I'm afraid I'll miss this boat!" Ye Chen laughed and said.
Again, his words let Zhang Jingshan's and Li Changfeng's hearts to sway shillyshally.
Was he so assured the Four Seas Group will face a crisis in the future?
This dinner ended in Zhang Jingshan's and Li Changfeng's puzzles.
After sending Ye Chen back to Dong Pu Street, both haven't come out of his words.
"Jingshan, what do you think about it?" In the Land Rover, Li Changfeng asked.
Phew-
As if he had made some important decision, Zhang Jingshan exhaled deeply and continued, "Changfeng, let me ask you a question. If you were Ye Chen, under what circumstances would you put your entire fortune to short sell a popular stock?"
"There are no absolutes in the stock market! I can't do such a thing!" Li Changfeng blurted out.
"That's right! This means Ye Chen is really certain! Think about it, how 20 million dollars meant to him for his family. But he still dares to bet all his fortune on it! What kind of certainty does this have to be?" Zhang Jingshan said.
"Jingshan, don't tell me- you plan to go out of your way?" Li Changfeng froze.
"He was totally evil and nuts! However, there's a voice in my heart telling me to go crazy with him! Not to mention, if it weren't for him, I supposed I'll lose my money during the stone gambling! So, let's follow him! I'll give you 20 million dollars. Help me short sell the Four Seas Group!" Zhang Jingshan exclaimed while trembling.
"You guys! Really! You're all crazy!" Li Changfeng yelled and gulped his throat.
"How 'bout you? Don't plan to follow us?" Zhang Jingshan asked with a playful smile.
"I..." Li Changfeng rubbed his chin. He has always considered himself a rational one.
Looking at the scenery outside the window, he blurted, "I'll go with 10 million dollars then!"