Chapter 155 The Bottom

　　The weekend.

　　Using the excuse of discussing business with Qianxin International, Su Yehao went to Pengcheng to visit his darling daughter.

　　The little one's name is Su Leyao, also given by Grandpa Tang.

　　Her existence still needed the family's help to conceal, and there was no need to hide such a big deal. Su Yehao's maternal grandfather even took the opportunity to visit and gave Yin Liuli a jade bracelet.

　　The little girl, not even half a year old, spent her days eating and sleeping. She already owned an office building given to her by Su's father, right next to the Pengcheng Cultural Tourism City shopping center. It was twenty-two stories tall and had already been rented out to a company, earning some rental income.

　　Things have been a little hectic lately.

　　Even while staying in Pengcheng, he had to take time to handle business.

　　Microsoft's msn messenger was trying to develop new social functions, so he had to be wary. He also sent people to contact Amazon's major shareholders, trying to acquire a stake.

　　Perhaps it was because discerning people could already see that the value of a batch of high-quality companies on the NASDAQ was about to bottom out, there were slight signs of recovery in the venture capital market, and many institutions were trying to contact Google.

　　Su Yehao felt that if he didn't act soon, he might miss a good opportunity.

　　So he specifically used Yanwenzi Group's shares as collateral, trying to borrow three billion dollars, mainly for bottom-fishing investments to further optimize asset allocation.

　　Everyone can play a winning game. When it came to helping companies through the winter, he could probably rest for a long time again…

　　Yin Liuli was a quiet person to begin with.

　　Since having a child to occupy her time and energy, her life instantly became much more fulfilling.

　　She cooked at home, watched TV on weekends. Her life was full of domesticity. Her social circle was relatively narrow. Her days weren't as exciting as Xiao Nizi and the others, but she had been used to it for years.

　　Sunday afternoon.

　　Su Yehao made dumplings with her, chatting casually, "My friend Baziun used to clamor that he didn't want kids, but in the blink of an eye, his wife is seven months pregnant. That guy in Casino, 1997 bought an old building, renovated it, and sold it, the profit was quite high."

　　Yin Liuli followed the topic and asked him:

　　"Can your friends still hang out with you now? After leaving school, everyone's situation is different, and it's easy to drift apart. Like me, I don't even contact my best friends anymore."

　　"Feels alright, probably because we've known each other since we were kids, there's no need to care too much."

　　As Su Yehao spoke, he skillfully pinched a dumpling. Wearing an apron, he continued with a smile:

　　"Besides, if I chose friends based on income, I guess I'd be a loner. There's a lot of mutual exploitation in the business world. I've met a lot of people in recent years, but I can't find anyone to truly befriend. On the contrary, it's more comfortable to get along with old friends."

　　Yin Liuli's words had a deeper meaning, she calmly said, "Your life is rich and colorful, you must be very busy already, a few old friends are enough."

　　Su Yehao reached out and tapped her forehead, telling her, "Although it sounds like you're teasing me, I admit you're right. Also, I have to go back after I finish making dumplings with you. Qianxin International isn't short of orders for the time being, just expand forward. The US stock market opens tomorrow, I have a lot of work to do."

　　"Okay, eat some dumplings before you go. Will you be very tired as your business gets bigger and bigger?"

　　"Me? I'm responsible for making decisions, I don't work overtime or go out myself very often, how could I be tired? As long as I get through this period, my assets will probably increase a lot again. Doing business is a hobby, it's completely different from being tired of life and having to go to work…"

　　…

　　Global stock markets collectively plummeted, with the Hong Kong Hang Seng Index losing 6% in just five trading days.

　　As a new week arrived.

　　People turned their attention to the US stock market.

　　Most of the negative news had already been digested in other markets. The US stock market had suspended trading, but the negative situation hadn't been resolved.

　　A sharp drop was a foregone conclusion, the only question was how much it would fall.

　　Monday evening, Hong Kong time.

　　()



　　As soon as the NASDAQ opened, the drop exceeded 3%, and in just ten minutes it exceeded 4.9%. Yanwenzi Group's stock price also fell sharply by 4.5%.

　　The S&P index's drop soon reached 7%, triggering the US stock market's level one circuit breaker mechanism, and trading was suspended across the board.

　　After Su Yehao asked the assistant's office, he learned that there wasn't enough time to build too many positions. But as expectations of a global economic recession rose again, crude oil futures prices plummeted by more than 4%, falling below twenty-nine US dollars. This could barely be considered a silver lining, and he instantly netted more than one hundred million US dollars.

　　Of course.

　　Yanwenzi Group fell by more than 6.4%, leading to losses in book wealth. Overall, he still lost badly.

　　On Sunday, the matter of pledging and borrowing three billion US dollars had been settled. A team took advantage of the previous market crash and frantically spent several hundred million US dollars, helping Su Yehao buy shares of Apple, Amazon, and individual stock option contracts.

　　This part of the newly acquired assets also lost some money as the stock price plummeted, but Su Yehao didn't care about their short-term trends. He had already prepared to lose some money temporarily, so he didn't care at all.

　　The short sellers went crazy. After the circuit breaker cooling-off period passed, the Dow Jones, S&P, and Nasdaq indexes continued to fall further, until the total drop on that day exceeded 10%, and then there were signs of a rebound.

　　Su Yehao hadn't seen this crazy scene even during the NASDAQ bubble burst last year.

　　The US stock market already had a bubble, and market sentiment had been pent up for a week before being released. The scene of the sharp drop stunned everyone, and investors in other markets were trembling, as if the end of the world was coming.

　　Su Yehao thought of something and went to the comments section of his news Weibo to see the post he had sent a few days ago. As expected, there was a chorus of scolding underneath. Some people had preemptively bought the dip and were terrified by the US stock market's performance.

　　After considering it, he finally posted a new message, writing:

　　"The sharp drop in US stocks was expected. Other markets digested the negative news last week, so even if they fall, they won't be too severe. I'm buying the dip today, building positions in the NASDAQ with more than seven hundred million US dollars. It's not scary for the knife to fall, it's scary for it to be hanging over your head. The bottom is coming, waiting to eat meat."

　　In addition to Su Yehao's personal side, 5s Asset Management also began to buy the dip.

　　Mainland funds couldn't come out, so they could only use the funds raised in Hong Kong and international markets. Given the consistent performance of the mainland stock market, it would probably fall and cry again tomorrow, so Su Yehao also posted a similar view on Yinhai Weibo, and attached a transaction information of buying the dip today.

　　Amazon seemed to be terrified, and quickly agreed to the equity financing proposal, trying to boost investors' confidence and solve Amazon's long-standing funding problems.

　　However, Su Yehao hoped to raise one billion US dollars, but the Amazon board of directors only agreed to raise six hundred million US dollars. With this money as an introduction, they could then raise funds by issuing bonds, which would not dilute the shareholders' holdings.

　　Taking advantage of the market chaos, Su Yehao hesitated for a moment and decided to send someone to talk to Apple about financing again.

　　Anyway, the money has already been mortgaged and borrowed, it would be a bit of a loss not to take the opportunity to invest it…