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Chapter 489: shuhaige.net Chapter 492 Cashing Out 6.7 Billion

~8 min read 1,426 words

shuhaige. net Chapter 492 Cashing Out 6.7 Billion

Seeing the agreement Tian Guoli brought back, Yang Qing was overjoyed.

Shen Bi, that guy, will be a big class in a few years.

When the time comes, take this document and go find him.

Snatched Li Changjiang's opportunity.

Just thinking about it is wonderful.

January should have been a good day for Hong Kong stocks.

Gangdao had no homecoming rush, and the later in the year, the more idle days there were.

People have time, they have money at year‑end, and then the market heats up—what a scene.

A sea of people.

Meanwhile, Great Song Bank voluntarily halted its branch securities business at this moment.

It also urgently told customers to rush to the bank to sell their stocks, and Great Song Bank underwrote them itself.

The securities clerk handed the money to the client and tried to run away, but was blocked.

Helplessly, Great Song Bank could only give each person a pound of eggs to soothe the crowd.

Grandma Hong held people back, not letting them leave.

"Alas, why did you do it? You don't help us; how are we supposed to earn money?"

"We can't just send this bunch of old‑armed, old‑legged folks into the city, can we?"

"Please be kind and don't close the doors."

The clerk had to explain.

"Grandma, just as you said, buying stocks is like buying eggs."

"Look how expensive eggs are now?"

"It's not easy for you to earn money; we can't cheat you."

"Grandma, since the price is high, selling the eggs quickly is the right thing."

"Not only are we stopping, but our bank's securities business is also shutting down."

"We're really not lying to you."

"Everyone wait; when the market improves, we'll reopen."

"Take your money back and have a good New Year."

"Don't be like those crazy people."

The clerk's sincere words finally got him out of the crowd.

But many still were half‑believing, half‑doubting the clerk's words.

Some didn't even sell; they ran to the city to see the situation.

In the city, they could barely move, went crazy, green floated everywhere, and the market surged dramatically.

"Buy, must buy, even if you have to smash pots and sell iron, you must buy; it's literally robbing money."

After the branch securities business stopped, Yang Qing here also halted Great Song Bank's margin financing.

He was thorough; he'd rather not earn money than let the market heat continue.

After Great Song Bank stopped lending, Yang Qing still didn't stop.

He sang bearish notes in the newspaper three or four times a day.

Others operating like him included Cao Gushen and Cao Chaoren; after they cleared positions, they earnestly warned everyone that the risk was too great and advised a clear‑out.

Yang Qing even gave them front‑page financial‑section space to perform freely.

As a result, investors berated them mercilessly, accusing them of harboring ill intent and preventing people from earning money.

They once lifted Cao Gushen to the heavens, but now he has become their enemy.

The treatment left Cao Gushen disheartened; he simply went to Malaysia to wander, out of sight, out of mind.

Kind words can't persuade that damned ghost.

At the end of the month, Yingjiang and An Nan signed a ceasefire agreement.

The stock market grew even hotter.

Yang Qing also, at this time, issued a decision to fully liquidate positions.

All new stocks and holdings were cleared.

The Azure Dragon Securities Exchange, under Yang Qing's massive share tilt, finally calmed down a lot.

Many who traded on Azure Dragon thought the bull market might truly be over.

But looking elsewhere, it was still scorching; only Azure Dragon Securities Exchange had cooled.

Xu Minghao personally took the stage and shouted.

"Comrades, you can't buy any more, really can't."

"Haven't you seen? General Yang has already taken out all shares to suppress the market bubble."

"For everyone's wealth, I advise you not to buy; these stocks are for us to increase liquidity and control risk."

"If you hold tickets, I suggest you sell along."

"Let's knock the bubble down."

Investors saw it and thought 'damn the bubble', everyone outside went crazy.

Make a fortune in a single day.

If it drops, I'll sell immediately.

Now anyone who delays my earning money is my enemy.

These crazy people simply won't listen to them.

Other exchanges have long been envious of the high-quality stocks of the Blue Dragon Securities Exchange.

The Blue Dragon Securities Exchange previously only allowed money to flow in, not out, leaving them with no alternative.

Now you, the Blue Dragon Securities Exchange, intend to go against the market by deliberately suppressing the stock price.

We'll just open a loophole for you.

We accept the trading certificates of the Blue Dragon Securities Exchange.

Soon someone noticed that the Blue Dragon Securities Exchange's stocks were undervalued.

They flocked to the Blue Dragon Securities Exchange, bought stocks, then took the trading certificates to other exchanges to sell them, profiting from the price difference.

The Blue Dragon Securities Exchange's stocks started to rapidly leak out as trading certificates.

Yang Qing felt his scalp go numb.

Crazy, everyone's gone crazy.

Mai Lihuo and Hui Feng realized it was no longer manageable and that strict regulation was necessary.

"All banks must tighten credit, and financing limits must not exceed one times."

"The exchange must conduct fire drills to prevent disasters."

By this time, half of the foreign capital had already left.

He undertakes things with full confidence.

Yet, even such strict bans could not stop the enthusiasm of stock investors.

Under Yang Qing's direction, the Da Song Bank directly halted the opening of securities accounts.

The Blue Dragon Exchange also halted new customer business.

By now, Yang Qing has done everything he possibly could.

He even had people erect a huge sign at the entrance of the Blue Dragon Securities Exchange.

"Think about your family, your children—the stock market bubble is severe; aren't you afraid of going bankrupt?"

"Cherish life, stay away from the stock market."

"Sell your stocks and get cash—good for you, good for me, good for everyone."

"Every bout of madness sees countless people fall; think back to 1965."

"Others are exchanging their stocks for cash to buy houses and cars, while you're still turning cash into stocks—when the stock crash comes, what will you have left?"

Yang Qing has left no stone unturned.

But it's hard to persuade a damned soul with kind words.

Still, countless people are pouring in.

Indeed, everyone's gone mad; in just a month, the Hang Seng Index surged from 1200 to 1700.

After Yang Qing finished what he needed to do, he began arranging the next steps.

"Luo Wei, calculate how much money all the companies have cashed out in total."

Luo Wei had already figured it out and reported it directly.

"Mr. Yang, the total cash-out amounts to roughly 6,726,430,000."

Yang Qing took a deep breath.

He looked toward Hu Lianxi.

"Have Li Zhao help continue purchasing gold."

"Take the remaining amount, pull out 3 billion, and convert it into petroleum products and petroleum contracts."

"I want the contracts to be for Middle East region futures for the next few years."

Xu Minghao still understands some aspects of oil futures.

"Mr. Yang, there is currently no mature oil futures market."

"Given our position, if we sign a contract and the price rises, the risk of default is high."

"Rather than taking the risk with futures, we'd be better off investing in oil companies—or acquiring one."

Yang Qing was stunned; he didn't understand this, making a fool of himself.

Investing in oil futures is still difficult now; the Organization of Petroleum Exporting Countries has already been established, namely OPEC.

Annual oil output is quantifiable; they aim to control production to safeguard the interests of oil-producing nations.

You foolishly go over there without even a company, claiming you want to buy oil or futures—see if anyone will even pay attention to you.

It's indeed not easy to handle.

As for investing in oil companies,

It's also hard to say; when an oil crisis erupts, many oil companies go bankrupt, so you can only invest in those with substantial oil reserves.

Yang Qing thought for a moment and said.

"Then let's take out one billion to invest in companies with large oil fields, requiring good reserves and good oil quality."

"Take out another billion to purchase petroleum products."

"Require that it be storable and easy to store."

The remaining money, aside from each company's development needs, will be saved first.

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