I Have 10 Trillion Dollars only Usable For Simping
Chapter 511 - 454 relatives (thanks for the tip!)

Chapter 511: 454 relatives (thanks for the tip!)

Perhaps the vast majority of people have never been to New York, but there should be no one who hasn’t heard of Fifth Avenue.

This north-south thoroughfare located in the Manhattan district is home to all manner of luxury brands from around the world and often appears in blockbuster movies, truly a shopping paradise in every sense of the word.

Even though she had Xue Yali for company, Li Shuru wouldn’t be lonely, but Jiang Chen hadn’t forgotten his duties as a boyfriend. After being busy for several days, he finally found some time.

"Brother-in-law, what have you been busy with these past few days?"

As expected.

Xue Yali had developed a strong curiosity toward Jiang Chen.

For the past few days, since Jiang Chen seemed to be preoccupied with something and was nowhere to be seen, she had not refrained from finding indirect ways to ask Li Shuru about it, but her cousin either intentionally kept it a secret or purposefully played ignorant, claiming to know nothing at all.

"Meeting some friends."

Jiang Chen replied smoothly.

"Does brother-in-law have acquaintances in New York?"

Xue Yali continued to inquire.

Jiang Chen neither confirmed nor denied but instead, looking at a jewelry store not far away, he changed the subject.

"The opening scene from ’Breakfast at Tiffany’s’ with Audrey Hepburn, that started from there, right?"

Bai Haoran, who had been acting as a sort of bodyguard for Li Shuru these past days, followed at a prudent distance. He didn’t find it tiresome, but rather took pleasure in it, as at the very least it was a good opportunity to broaden his horizons.

Indeed, a man like Jiang Chen is one of a kind.

Learned and talented.

He had never even heard of such a movie.

"Yeah, that’s the one. I didn’t know you had seen such an old film, brother-in-law."

Xue Yali was also surprised.

’Breakfast at Tiffany’s’

A film from the seventies of the previous century.

Starred by Audrey Hepburn, a woman remembered by the world.

The main setting of the film was none other than the world-renowned Fifth Avenue.

Jiang Chen smiled.

"Shall we go in and take a look?"

Women and dragons alike naturally have an irresistible attraction to jewelry.

If only he hadn’t won her over by now so he could have splurged on Li Shuru.

Of course.

If he hadn’t won her over, she probably wouldn’t have traveled abroad with him in the first place.

Because she was no longer a target of conquest, Jiang Chen felt somewhat uneasy in his heart; however, fortunately, rarities like the Medusa’s Eye were not found just anywhere.

Items worth tens or hundreds of millions of US dollars were mostly the treasured highlights of a store or only appeared at auctions, difficult to encounter under normal circumstances.

Even on Fifth Avenue, most items were priced in the tens to hundreds of thousands range.

He could afford it.

Even though her boyfriend was someone who was going to short the K.E. Group, Li Shuru hadn’t taken to spree shopping.

It’s true that women have an innate love for jewelry, but perhaps having seen the Medusa’s Eye, her interest in these pieces of jewelry wasn’t that strong.

In the end, it was Jiang Chen who insisted on buying a pair of diamond earrings for each of them, Li Shuru and Xue Yali, spending a total of fifty thousand US dollars.

As the saying goes, women can do without, but men must not fail to buy.

Even though Li Shuru was mature for her age, after all, she had not yet graduated from college, and furthermore, her sister was right there beside her,

And sure enough, as soon as Jiang Chen presented the earrings to Xue Yali under the pretext of a meeting gift, she seemed even happier than Xue Yali.

"Ya Li, how is the matter I entrusted to Mr. Liu going?"

This pair of brothers-in-law was quite amusing.

The way they addressed each other was very polite, with a sense of talking business.

"Hong Zhi is still in touch, brother-in-law. He asked you not to worry; big brokerages like Rongtong are always busy. Once we schedule an appointment, I’ll let you know immediately."

Jiang Chen nodded.

Unintentionally, the group passed by a brand store.

The sign displayed the letters "K.E" prominently.

The line of people stopped as if on cue.

Jiang Chen’s mouth curved up in a smile.

"Come on, let’s go in and take a look."

K.E was a fashion brand that primarily focused on women’s clothing, though they also dabbled in men’s. The various hats seen throughout the store were probably a signature feature of theirs.

After a brief browse, Jiang Chen had a pretty good idea of how K.E had achieved a market value of over two hundred billion.

A simple T-shirt cost four digits, and ready-to-wear garments need not be mentioned, as their price tags seemed never to dip below five figures.

Making apparel was indeed a windfall.

Garments that perhaps cost a few hundred yuan to produce could be marked up by hundreds or even thousands of times once they had a label attached, and would still attract hordes of eager buyers.

The owner of the LVMH luxury group had once briefly topped the list of the world’s richest people.

After a while, Jiang Chen and Bai Haoran found a place to rest.

"Mr. Jiang, there’s something I don’t quite understand. For a company like K.E Group, which has its own physical industry, a stock price collapse wouldn’t greatly affect it, would it?"

Bai Haoran tentatively said, "I don’t really understand it either, but it seems to me, if K.E Group’s stock price plummeted while its actual business was unaffected, wouldn’t some see it as an investment opportunity and buy at the bottom, which would then cause the stock price to rebound? In that case, Mr. Jiang..."

"You must trade stocks often, right?"

Jiang Chen asked with a smile.

Bai Haoran nodded.

"Have you lost or gained more?"

Bai Haoran smiled bitterly without responding, but the answer was obvious.

"If we go by your logic, you’re not wrong. If there’s nothing wrong with K.E’s operations and I force a short sell, I might just be throwing money away. But you’ve forgotten a very important point."

Bai Haoran’s gaze sharpened as he quickly asked, "What point?"

Jiang Chen had indeed recently graduated from East University, but the diploma from a prestigious university wasn’t just a piece of paper.

"K.E Group isn’t a tech company, in other words, it lacks real technology, which is the most core competitive advantage. Its so-called physical entity is nothing more than a logo stuck on clothing. Sometimes it can turn stones into gold, and sometimes it’s worthless."

Watching Li Shuru and Xue Yali browsing in the store, Jiang Chen spoke unhurriedly, "A stock price collapse, at worst, might result in delisting and an inability to raise more capital, but have you considered the impact on a brand-value-based enterprise like this? If the stock plummets, would its brand value remain intact? A significant drop in stock price would surely affect K.E’s brand value. When its stock hits rock-bottom, do you think it can maintain its status as a luxury brand?"

"What do the rich care about most? Face. Its current stock price is at 160 euros, high and mighty, but when it falls to 60 euros, 40 euros, or even lower, the brand’s value will evaporate with the stock price. K.E is known as a luxury brand, and it’s this perception that is its foundation. Once that perception is gone, do you think its business won’t be affected? Then, would you spend five hundred US dollars for a hat you could find elsewhere for possibly five US dollars? Would you still have confidence in buying the dips?"

Bai Haoran was rendered speechless in an instant, and after a while, he sincerely added, "I’ve learned something."

Jiang Chen smiled as his phone rang at that moment.

He took it out and answered the call.

After a few words, he stood up and walked over to Li Shuru.

"Afraid we can’t continue shopping."

"What happened?"

Li Shuru turned around with a puzzled look.

"Didn’t I tell you I have relatives abroad?"

Li Shuru was taken aback.