I Have 10 Trillion Dollars only Usable For Simping -
Chapter 508 - 451 Green Hat
Chapter 508: 451 Green Hat
"Does it look good?"
Li Shuru actually took the duckbill cap, tried it on, and even turned her head to ask Jiang Chen.
Tell the truth.
Although it was worth 500 US dollars, the hat really didn’t stand out much, and if it managed to catch your eye, that was more due to Li Shuru’s own beauty rather than the hat itself.
After all, so-called luxury goods often aren’t that impressive in terms of looks, and they might even be less appealing than the cheap goods readily available at night stalls during discount sales.
As for those high-end fashion shows, how many people truly appreciate them?
At least Jiang Chen’s sense of aesthetics hadn’t reached a sufficient level, and when faced with Li Shuru’s question, he didn’t reply immediately.
To say there was nothing special about the hat would be untrue, at least its color continued the luxury trend of "standing out from the crowd"—it was a shimmering green.
That’s right.
This was a proper "green hat."
Bai Haoran silently sipped his coffee, gazing out the window.
"...It doesn’t really suit you,"
After a moment of silence, Jiang Chen finally responded with that.
"Is that so?"
Li Shuru adjusted the hat, seemingly unaware of what a green hat signified in Shenzhou, "I think it’s quite nice."
On the surface, Jiang Chen maintained his composure while inwardly he bitterly smiled.
Sure enough.
No girl was truly that magnanimous.
The other party was obviously doing this on purpose, engaging in veiled mockery.
"Ya Li."
A call came through.
Xue Yali turned around and saw her boyfriend who was late to arrive, a young Wall Street luminary, Liu Hongzhi.
Just coming from the office, he wore a sharp suit, shiny leather shoes, and still had those rimmed glasses, looking refined, respectable, and distinguished.
Li Shuru stopped joking around and took off the hat.
"Sorry, today has been really busy..."
On New Year’s Day in Qincheng, he had been somewhat arrogant—after all, being young and successful was human nature—but today, meeting again at the Peninsula Hotel in New York, the financial genius in charge of a fifty million private equity fund was quite polite, apologizing first thing.
"It’s fine."
Li Shuru offered a small smile, "Have a seat."
Though she was younger, as the older sister-in-law, she held a higher status.
Once seated, Liu Hongzhi glanced at Jiang Chen and quickly asked, "Ya Li told me you were looking for me for something?"
"Yes, he has some matters and needs your help,"
Following Li Shuru’s words, Liu Hongzhi’s gaze landed on Jiang Chen’s face.
Jiang Chen didn’t put on any brother-in-law airs and got straight to the point, "Do you have contacts with any securities firms? I mean, the kind that are quite capable?"
Hearing this, Liu Hongzhi couldn’t help but exchange a glance with his girlfriend, Xue Yali.
Not only them—but Li Shuru and Bai Haoran as well—were unclear about Jiang Chen’s real purpose for coming to New York this time.
"I know some,"
Liu Hongzhi nodded.
Securities firms.
Also known as brokerage companies.
People who don’t trade stocks might not understand; to put it simply, securities firms act as agents for the exchange, similar to what real estate agencies do.
Companies wanting to go public can commission securities firms to hype and sell their shares, and investors looking to trade stocks can also buy shares through them.
The difference, however, is that while homebuyers must pay real money to real estate agencies, you don’t have to do that to obtain stocks from a securities firm.
Provided you have a certain level of assets, you can "borrow stocks" from a securities firm and then return the exact amount after a set period, of course, for which you must pay interest.
It’s somewhat like taking out a loan.
Moreover, this method is legal and compliant, allowed in every country.
Domestic securities firms have already exceeded a hundred in number, not to mention the highly developed Meilijian.
It is the existence of these brokerages that leads to the prosperity of the financial market.
"Mr. Jiang, are you interested in the stock market?"
Jiang Chen nodded openly.
"You want to speculate in stocks?"
Li Shuru was somewhat surprised.
Seeking cooperation with a brokerage is not some trivial game, and like his girlfriend, Liu Hongzhi also had some understanding of this young man’s financial power from their New Year’s encounter at Qindao last year.
"There are quite a few capable brokers in New York, the key is, Mr. Jiang, which company’s stock do you have your eye on?"
Jiang Chen did not hide anything and pointed to the hat that Li Shuru returned to Xue Yali.
The gazes of the few people inevitably concentrated on the green hat Xue Yali was holding in her hands.
Xue Yali was momentarily stunned, then couldn’t help but say, "Stocks of well-established luxury brands with stable market positions usually don’t fluctuate much. Trading stocks of such companies might not be cost-effective. Spending a big price in hope that it will rise is less advisable than making other investments."
True to her education abroad, her insights were indeed not ordinary.
For those who speculate in stocks, companies like K.E with high stock prices yet stable, are indeed not suitable targets.
Li Shuru admitted she knew nothing about the stock market and didn’t speak out of ignorance.
Jiang Chen just smiled and said nothing.
Liu Hongzhi observed him, slightly narrowing his eyes, as if he realized something,
"Mr. Jiang, are you thinking of short selling K.E’s stock?"
Xue Yali was taken aback.
Due to her boyfriend’s work, she obviously knew more about the stock market and finance than Li Shuru did.
Speculating in stocks is not just about going long; there’s also short selling!
Going long is easy to understand.
It’s when investors are bullish on the market, expecting the stock prices to rise, so they buy low and sell high to make a profit on the difference.
Many retail investors do just that.
Short selling, however, is the exact opposite.
Generally, the better the stock market, the higher the return on long positions, but not so for short positions.
Only when the stock price falls, can short-sellers make money.
Therefore, those who dare to short-sell are usually those with strong psychological fortitude, strategic vision, and substantial capital—big players.
The most famous short-seller is none other than the world-renowned Soros.
He once shorted the Thai baht, plundering a country’s wealth and causing Thailand’s economy to regress by decades with his own strength!
Facing Liu Hongzhi’s gaze, Jiang Chen nodded calmly and confidently.
"That’s right."
Liu Hongzhi was silent.
As a private fund manager, he quickly took out his phone and checked.
"Based on yesterday’s closing price, K.E Group’s stock price is at 160 euros, with a market value exceeding 38 billion euros."
Li Shuru might not be well-versed in the stock market, but she was clear about the various currency exchange rates.
She quickly did the mental math and came up with a staggering figure.
This luxury brand that she hadn’t heard much about was actually worth more than 260 billion RMB!
"I know, that’s why I’m asking for your help, I need a powerful broker."
Jiang Chen reiterated.
Looking at this young man with a placid face, Liu Hongzhi was completely silent.
His warning had been clear and straightforward enough.
His girlfriend’s cousin’s boyfriend.
Was he really planning to short a company with a market value of nearly 300 billion?!
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