The efficiency is quite fast.

On a night in Tokyo local time, coinciding with a rise in Qualcomm's stock price and a total market value of four or five hundred billion U.S. dollars, Su Yehao's team helped him cash out more than fifty million U.S. dollars within a little over an hour after the market opened.

For such a large order, Qualcomm's stock price only dropped slightly before quickly rising again.

It has to be admitted that the Nasdaq Stock Exchange's daily capital flow is now terrifying. Even the New York Stock Exchange pales in comparison.

Su Yehao felt he had had enough and started planning to switch tracks. However, others who took over still had confidence in Qualcomm, so this time the cash-out didn't even make a ripple.

In addition, he cashed out more than twenty million U.S. dollars from Cisco, adding up to a total of nearly eighty million U.S. dollars.

Su Yehao called Kinjo Masato and transferred the money through Dai-Ichi Kangyo Bank into Dai-Ichi Kangyo Securities' account, starting to go long on the Nasdaq index overnight.

As for individual stocks...

Honestly, since last October, the internet companies in Silicon Valley have risen significantly in nearly half a year, and the signs of a bubble are already clearly visible.

The most obvious point is that companies like Amazon have seen their stock prices soar all the way, and their performance growth seems to be very large, but in fact, it is mainly due to the small base before.

This means that the increase in stock price far exceeds the increase in the company's actual profits.

And now, Amazon's total market value has exceeded 20 billion U.S. dollars. In 1997, when Su Yehao first started paying attention to it, its total market value was only several hundred million U.S. dollars.

Putting aside the "future performance" of drawing big cakes, achieving such a high increase in such a short period of time is a bit scary.

Su Yehao's cash-out this time was not because he felt that the bubble was about to burst, or that he was not optimistic about Qualcomm and Cisco.

It was simply that the bulk of the profit growth had been successfully eaten by him, and now continuing to go long through leverage could further amplify the return.

His father was waiting for money to cook, and the desire to realize the "Thousand-Core City" plan was particularly costly. A large number of entrepreneurial and investment projects were eagerly waiting for funding. Developing a wafer chip foundry alone meant countless investments. In addition, he wanted to find some excitement, so taking advantage of meeting Kinjo Masato, Su Yehao began another round of high-stakes gambling...

It was past eleven o'clock at night, and he was sitting on the bed.

Su Yehao was holding his laptop, checking the Nasdaq index's trend, and also looking for other potential companies, mainly concentrated in the electronics and biotech sectors.

Unfortunately, his understanding of U.S. stocks was limited, and he kept looking at companies like Apple and Intel.

It's like being in a completely different industry. Relying on his meager experience, he had been fortunate enough to grow to this point today.

To personally discover promising investment targets and further dominate the securities trading market was a bit difficult for him. It's not easy to earn money outside of one's cognitive range.

Beside him.

Nong Qingying was sleepy-eyed and nudged him, telling him, "It's so late, go to sleep. Deal with anything else tomorrow."

"You go to sleep first. I'll go to the living room to do some work, so I don't disturb you with my typing."

Su Yehao pinched her face, his tone smiling, and said, "We can sleep whenever we want, but those traders who deal with U.S. stocks are miserable. During trading days, they have to work day and night, and they are processing my orders right now."

"Yeah, but they earn a lot, which is always better than working the night shift at a convenience store."

"That's true..."

He got out of bed lightly, took his laptop to the living room, and suddenly realized that there was no network cable here, so he had to go upstairs to the study again.

Normally, these transactions would be handled by his subordinates. It was rare for Su Yehao to personally monitor them, and he found that adding a tenfold leverage to buy Nasdaq futures contracts worth 800 million U.S. dollars could be done in just a few minutes.

Obviously, this meant that the transaction volume behind it was very large.

Recalling what the old gambling king had said about others playing cards and the dealer always winning, Su Yehao began searching for news about the Hong Kong Stock Exchange's listing reform. Apart from a few news items about ongoing research and discussions, there was still no progress.

It had been a while since Vice President Zheng Yongwen had told him about this, and the efficiency was indeed despairingly slow.

Taking advantage of the quiet night, Su Yehao thought carefully and increasingly felt that if there was a chance in the future, he could let the Hong Kong Stock Exchange refer to the model of the Nasdaq Stock Exchange and adopt a set of listing rules to support the internet, biotechnology, electronics, and other industries.

Once it was done, even if only companies from mainland China were attracted to list, and if investment channels between mainland China and overseas were opened up, he believed that the trading volume would be very considerable. For the exchange itself, it would undoubtedly be a huge profit.

For truly high-quality enterprises in mainland China, it would also mean valuable development opportunities, with a chance to keep more of the economic growth and social development dividends in the hands of the Chinese people.

Both publicly and privately, it would be a good thing.

After spacing out for a while, a notification popped up on the screen showing a new email. Su Yehao clicked on it and found it was a message from Kinjo Masato.

The other party told him that the position had been established and asked if there were any needs in terms of buying and selling, that is, setting stop-loss and take-profit points.

Eighty million U.S. dollars of capital had been invested.

This number, in Su Yehao's eyes, was just... an average amount.

Therefore.

After reviewing the Nasdaq index's trend chart for the past year again, he replied to the email, "Close the position when all the principal is lost. Otherwise, don't worry about it."

It's unclear what Kinjo Masato on the other end of the network cable would think after seeing this sentence, but in any case, the word "rich" should definitely be in his mind...

——————————————

Buying stocks and using leverage to go long on stock indexes both seem like investments, but the latter is much more exciting.

Su Yehao, who lost more than ten million U.S. dollars overnight, didn't think Nong Qingying doing yoga and exercising looked as appealing as usual after getting up in the morning.

Fortunately, while the stock index fell, he recouped some losses from Yahoo, and the shares of Qualcomm and Cisco weren't sold too early.

Overall, he still made a small profit.

He took the initiative to call Kinjo Masato and told him that he would transfer another sum of money in the next few days. He was far from the forced liquidation line, and the other party wasn't worried that Su Yehao couldn't afford the margin.

Immediately afterward, Su Yehao received another call from his father.

He said that he was inspecting land in the Guomao area of Si Jiucheng (Beijing), and had taken a fancy to a vacant lot next to Guomao Phase III. When Phase III was built with super-high-rise buildings, everyone would gather to form a building complex, which would look more spectacular.

His words were full of the intention of asking for money.

Su Yehao understood and said that the place should be good. He told his father to talk more and, preferably, get a sum of money first, with the rest to be paid by the end of this year or the beginning of next year.

If that didn't work, he could also provide a guarantee and temporarily borrow money from the bank to buy the land.

Hearing this, Su's father immediately had a clear idea. If he didn't go public to raise funds, Sihai International really couldn't come up with too much money. With the support of his son, he immediately felt more confident.

He had just finished breakfast with Nong Qingying when someone else called Su Yehao.

They said that they had contacted the collector of the Min Fang Lei bronze vessel. The other party quoted a price of six million U.S. dollars on the phone. After telling the old master about this, Master Tang felt that the price wasn't too expensive and planned to come to Japan in person to see the real thing.

Since his maternal grandfather's legs and feet weren't convenient, Su Yehao sent a private plane back to Hong Kong to pick him up.

It was rare to be so busy early in the morning.

There were roadshows and parties waiting for Su Yehao in the evening, and Nong Qingying took the opportunity to jokingly say, "It's really not easy. You seem like a big boss today. You usually seem more idle than me."

Su Yehao sighed and replied,

"It's just a coincidence. So many things have come together recently. Tomorrow, I have to accompany someone to visit a semiconductor company to discuss the purchase of computer components. I should still be lazy. Before Yanwenzi Group goes public, let me take you on a ski vacation..."