Chapter 28 Invest the entire 5 billion! I will be responsible for any loss!
Lin Yuan knew that he would be questioned and was already prepared for it.
He was initially preparing to talk nonsense.
However, he received the Advanced “Stock Trading” skills reward in the confrontation with Qiao Siying.
Therefore, Lin Yuan also had a pile of knowledge of stock trading in his brain. He could rationally analyze the stock in many ways and speak in detail the shortcomings of Changhong shares.
But, these justifications were far-fetched as many stocks had this kind of risk.
Stock trading never has a 100% certainty. However, Lin Yuan couldn’t say that he was sure that the stocks would plummet.
As a stock trader, Chen Pei can naturally understand that his reasons were far-fetched. But she did not argue with Lin Yuan.
Because, firstly Lin Yuan was the young master of the Lin family, and secondly, she knew that the person who made the decision was not Lin Yuan.
Chen Pei turned her head to Lin Jianjun and Meng Yuelan and said, “The problems that the young master spoke of are correct. They do exist. But this is a common risk in stock trading. I guarantee that Changhong shares can make a lot of money; I am more than ninety percent certain of it!”
Chen Pei assured the three of them and spoke for a long time to strengthen their conviction.
Lin Jianjun and Meng Yuelan looked at each other and were convinced by Chen Pei’s words, unlike Lin Yuan.
“I agree with Chen Pei...” Meng Yuelan was preparing to speak.Th.ê most uptodate novels are published on n(0)velbj)n(.)co/m
However, she was interrupted by Lin Yuan: “Dad, mom, believe me once and don’t invest in Changhong shares. However, we do require 5 billion funds as I want to recommend buying another stock.”
Lin Yuan turned on the computer and clicked open a stock called Spanish Currency.
“We will invest 5 billion in this stock as the Spanish currency stock will appreciate dramatically soon afterward,” said Lin Yuan.
Chen Pei smiled, hearing Lin Yuan’s words.
“Young master, I don’t know how you got this news. The Spanish currency stock is intimately related to the currency of Spain. We all predicted that it would skyrocket, but in the past six months, we have lost 300 million yuan on our investment. Thus, it is better to refrain from investing in it. On the other hand, Changhong shares will rise.” Chen Pei said with a smile.
She was sure that this young master Lin Yuan did not know the origin of the news.
He was deceived by someone else’s professional terminology of the stock market and now wants to prove himself in front of his parents.
On the one hand, they have the professional vision of a stock trader who has achieved success in trading stocks, and on the other hand, is their son taking a firm stand on the issue.
Thus, Lin Jianjun and Meng Yuelan were at a loss of what to do.
However, Lin Yuan did not allow them to spend time, and deal with this situation. He immediately said, “The industries I operate have a combined value of 5 billion. The 5 billion investment in stocks is my decision. If I fail, I will be responsible and relinquish control of all the industries I own to the Lin Group. At the same time, I will also come back to inherit the company.”
Chen Pei felt that Lin Yuan’s tone was full of confidence.
But Meng Yuelan ignored his self-confidence, and was pleasantly surprised: “You said you promise to come back and inherit the company?”
It would have been great had they listened to her.
The other employees who manage investment were also silent.
From time to time, they looked at Lin Yuan and were convinced that he was a prodigal son.
One minute, two minutes ... ten minutes passed, but the price of the stock continued to fall.
Everyone felt that this was a catastrophic financial loss of money.
However, Lin Yuan glanced at the time on his Patek Philippe indifferently.
5:29, Ding! The clock hand jumps to 5:30!
At the exact moment, a person suddenly shouted, “It has gone up! It has gone up! The Spanish currency has gone up!”
Upon hearing this, everyone’s eyes widened in shock, and they hurriedly looked at the screen.
Sure enough, the Spanish currency stock began to rise rapidly!
No, it was not rising, but skyrocketing!
The rise was getting increasingly outrageous.
At this point, everyone couldn’t take their eyes off the screen. They were looking at the frantically rising stock.
One minute later, it went straight back to the pre-investment price level.
Two minutes later, their investment had doubled!
Three Minutes... In just ten minutes, the Spanish currency stock price had risen by more than four times!
The initial investment was 5 billion... Then...
Everyone was stunned after the calculation.
Twenty billion! In just ten minutes! Earned 20 billion!
At this moment, everyone looked at Lin Yuan with an expression, as if they were looking at ghosts!
******
Author Notes: The author said that he knows it is exaggerating and stock market price cannot be so volatile. But this is a novel world, so don’t take everything too seriously.
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[1] Back to back idioms in this sentence. I can share the idioms with you guys if you want.