Reborn in 1991, helping dad become the richest man

Chapter 624 is not a legend, it is a divine chapter!

The US internet bubble has not yet ended.

In other words, this thing won't be over for another two years.

The Internet winter is not just talk.

This is an industry winter that has lasted for years.

However, the day when the internet stock market hits bottom is not far away.

Tang Yichen couldn't remember the exact date, but he remembered it was around the beginning of 2002.

It’s the beginning of 2002, and there’s not much time left.

So, we have to act quickly.

In fact, Tang Xionghua hadn't even returned home when the Mi stock market started to move.

Start to clear the inventory gradually.

During the short-selling period of the past two years, more than 2 billion US dollars were invested in the initial capital.

When the subsequent position was at its highest, it was close to 10 billion yuan.

Although this is leveraged funds.

But adding leverage is also money!

Just like now, when I want to withdraw, there are still more than 7.2 billion in rice and gold positions left. According to the calculations of the financial team over there, if I want to redeem and liquidate all these positions, I will need more than 1.9 billion in rice and gold.

Make money?

Earn blood.

Now the Tang family has more than 1.7 billion yuan in their Migu account.

This was the funds accumulated some time ago when the Tang family was forced to liquidate their holdings after the internet stock companies they bought went bankrupt.

And now, if we withdraw voluntarily, we can still leave more than 5 billion MiGold.

All in all, there are almost 7 billion MiGold.

And what about investment?

The Tang family initially had only 1.5 billion silver coins as capital.

Among them, a total of 500 million MiGold funds were withdrawn from MiGold twice.

In other words, the remaining capital is actually only 1 billion.

And now, after clearing the inventory, there will still be nearly 7 billion MiGold left.

After deducting these 1 billion, it means that Tang Xionghua has made 6 billion US dollars in US stocks in more than two years!

That doesn't sound like a lot.

Look at companies like Huaxing, Yanglai, and even Wanhua. After they went public, their market capitalizations soared instantly, and were calculated in the tens of billions or hundreds of billions.

But in reality, this is not the same thing.

Valuation is valuation. To put it bluntly, it's like a game of pass the parcel.

As a major shareholder, if you really want to run away, it's okay to cash out a little bit, but if you cash out too much, the valuation can drop to the freezing point in an instant, and it's easy to lose hundreds of billions or even trillions of dollars in a day.

And now the 6 billion yuan that Tang Xionghua earned is real cash.

The kind that can be taken out completely.

Of course, if you want to withdraw it now, it will have a certain impact on the market.

Although closing the position only requires going to the market and recovering nearly 2 billion MiG stocks.

And at this point, Internet stocks definitely have the most sell orders in the market, while buy orders are scarce. When the supply and demand relationship is seriously unbalanced, it is easy to close a position.

But under the current circumstances, 2 billion US dollars pouring into the Internet industry is definitely not a small matter.

Even if you want to do it secretly, the probability of not being discovered is very small.

In fact, from the 10th to the end of the liquidation on the 15th, the Internet market was pulled up by seven percentage points.

The old Tang family's financial team initially estimated that it would take no more than 2 billion in rice to close the positions, but now it has only closed half of the positions and has used up nearly 11 billion in rice.

This is because large amounts of capital entered the market, pushing up stock prices, resulting in the funds used to liquidate positions exceeding expectations.

However, it's not a big problem.

This kind of fluctuation was expected by Tang Yichen and his son, and was within an acceptable range.

"Those reporters from the Mi Empire are really annoying!"

In the old Tang family villa, Tang Yichen rushed back after evening self-study tonight.

At this time, the father and son were sitting in the study, and Tang Xionghua couldn't help complaining.

Hearing this, Tang Yichen also said with a smile: "It is very annoying, but there is nothing we can do. Fortunately, the problem is not serious at the moment. The source of this capital has not been investigated yet.

However, I feel like I can't hide this for a few more days. I think we need to speed up the liquidation now. Before you, their father, are exposed, we should close our positions as soon as possible! Also, we should buy the stocks of the companies we're interested in and hold them for the long term!

"Well, I also feel that we can't delay any longer!" Tang Xionghua nodded in agreement.

The US stock market, or rather, the global stock market and Internet sector, are basically stagnant, and no large capital dares to enter the market now.

In order for Tang Yichen to clear his position, he needed to use the funds in his position to buy back stocks in the market to balance the position.

The amount of one or two hundred million MiFeng every day may not seem very large compared to the entire Internet market. After all, this is the world's largest stock trading market.

But all these funds have poured into the Internet sector, and all of them are used to buy, which is a bit noticeable.

Now, many reporters and media are paying attention to the American Empire because of this situation.

If Tang Xionghua's identity were exposed, it would inevitably cause a stir in the industry, potentially driving up the market in the short term, something neither Tang Xionghua nor his son wanted.

Because their goal is not just to close their positions, they also want to buy at the bottom.

But nothing in the world goes smoothly.

With so much attention, some things can no longer be hidden.

On the 18th, an authoritative media outlet in the US Empire publicly released a news report.

The situation of this fund was exposed by naming and shaming the individuals involved.

"During the Internet crash, the biggest winner emerged, the world's richest man from the flower-growing family. He is a conspirator and a god of investment!" This is the title, and the content is even more explosive.

We started by taking inventory from the time when the old Tang family’s accounts first entered MiGuo, including the total amount of funds that entered MiGuo and the stocks that were purchased.

In the end, these accounts were liquidated and then shorted the entire industry until now.

The game started with 1.5 billion US dollars in gold. Now let’s analyze the data in this report.

This wave can earn 6 billion yuan and exit.

The account opening names of these accounts were also directly exposed. The investment company account was named qifei, and the owner of the company was directly Tang Xionghua.

The industry is shaking, or rather, the global financial industry is shaking.

In just over two years, 1.5 billion was converted into 6 billion in profit, a 400% return on investment.

Admittedly, this rate of return on investment was not outrageous during a bull market, especially when the Internet industry was booming.

Many companies can reap hundreds or even thousands of times more profits in one wave by promoting the Internet.

But the problem is that this is not the way to calculate it.

When it comes to money, it is extremely difficult to make a million dollars with one dollar when you are very poor.

For some capable people or organizations, it is actually not difficult to make two million or even ten million with one million.

But when your money reaches hundreds of millions, or even billions or even hundreds of billions, it will be extremely difficult to double your growth.

What's more, what time is it now?

This is a global ancient disaster, a big bear market!

When all capital is curled up, licking its wounds, and trying its best to cover its wallets that are full of holes.

You actually turned the bear market into a bull market, and the profits reached such a terrifying level in one fell swoop, and the funds were so huge.

This is no longer a legend, it is a myth!

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