The great change came so suddenly.
Investors in the United States were discussing the oriental visitor, Zhang Tianxing.
"I truly don't understand what this Easterner is thinking. Since the birth of Dolly the cloned sheep, biotechnology has made considerable strides. Bioscience and technology will be the blue ocean of future commerce. I am optimistic about the growth potential of biotechnology."
"We should start from the data; all conclusions must be supported by data. Please give me a follow here; I am Data Emperor. Let me give you a year's worth of news. The Human Genome Project, which began in the 1990s, is nearing completion. This is a great positive sign. The real benefit lies in practical applications. The types of new drugs in biotechnology have reached new highs. Previously, only seven types were launched per year at most. Last year alone, 22 types were introduced. This indicates the significant progress in biotechnology."
"Your points are well-reasoned, and I admire them! Sir, is it still too late for me to get into biotechnology stocks now?"
"Same question! I'm not a good student, so I can't get into biotechnology companies, hold high positions, or join the management team to get stock options. I just want to ask, can I be a shareholder in a biotechnology company right now? Brothers, can you recommend a powerful company for me!"
...
At this moment, John Fu was discussing the NASDAQ's trend with Zhang Tianxing.
"Zhang Tianxing, how much money do you have left on your books?"
"Teacher, I just checked. I have a little over a thousand US dollars left. As soon as the NASDAQ rises by another 0.1, I'll be liquidated," Zhang Tianxing replied honestly, a feeling of dread washing over him. He hadn't expected to lose money so quickly. One hundred million US dollars, gone!
Not only that, but tomorrow Morgan Stanley Investment Bank would come looking for him for money. Who knew how much he would owe? Given the nature of capital, they would surely make him bleed heavily.
John Fu shook his head helplessly. "Zhang Tianxing, you've just been a bit unlucky." His words were filled with a sigh, lamenting the powerlessness against adverse circumstances.
He pointed to the NASDAQ's performance today. "Look closely. The NASDAQ hit a new high today, but look at this high. We must also consider the S&P index, which has dropped slightly, and the Dow Jones, which is flat with yesterday. What does this indicate?"
"It indicates that the NASDAQ's rise is driven by a few stocks, and the buying power for most stocks is insufficient. The ideal scenario would be for all three indices to hit new highs simultaneously," Zhang Tianxing replied after some thought.
John Fu nodded with satisfaction. He was pleased with his student, Zhang Tianxing. "You're right. After my careful analysis, among the top 20 largest market capitalization companies in the United States, only 9 rose and 11 fell today. These 20 stocks are concentrated in the computer, communication, and pharmaceutical sectors."
"From the ratio of rises and falls, we can't see any significant divergence. However, if we look at the percentage changes and the price-to-earnings ratios, we can arrive at a conclusion: the market's depth is very fragile. This means that once the market turns, the downward momentum will be substantial."
The surrounding students were astonished. "Teacher John Fu, you were a steadfast bull just a few days ago, yet today you've become a bear."
"I'm still a bull at heart. I'm just stating that the NASDAQ needs an adjustment. Fluctuations are the norm," John Fu said with a smile.
As for the significant correction that Zhang Tianxing predicted, he felt it was impossible. Even the most brilliant students made mistakes. He hoped that the 100 million US dollar tuition fee wouldn't be wasted, and that it would make Zhang Tianxing more respectful of the market and less idealistic.
"Ah! Teacher, look at this joint statement!" a student exclaimed loudly.
As everyone was discussing heatedly, a piece of news quickly dominated platform traffic.
The President of the United States and the Prime Minister of Britain jointly issued a statement.
"To improve the efficiency of human stem cell embryo research, all biotechnology companies are obligated to disclose their research findings in this field and allow public research institutions to use these findings freely."
This joint statement caught the biotechnology companies completely off guard. What was the meaning of this?
Before the shareholders could even complain, the biotechnology companies erupted in an uproar. How could they do this?
"Our company is dedicated to research on reversing aging, and we are nearing a critical juncture. We never expected such a joint statement. Is this trying to eliminate us? If biotechnology research findings are allowed to be used freely, then all the massive R&D funds we've invested will be a total loss."
"We were developing a new drug to transform humanity, and our company was on the verge of a new beginning. Our technological innovations would have brought us immeasurable wealth, and the entire human landscape was about to change. But why has such a joint statement been issued? Do you want our company's executives to collectively jump off a building?"
Seeing the reaction to this news, John Fu looked on in disbelief. He had never imagined such a turn of events.
"Teacher, with this statement issued, the stock market will likely see a correction tomorrow," Collin said to Zhang Tianxing. "Zhang Tianxing, take this opportunity to recover some losses and then leave. Making money isn't easy, don't lose it all in the stock market. The stock market is a knife that kills without drawing blood."
"Yes, if there's a chance to escape, you must seize it. These stock firms are like cannibals who don't spit out bones. After liquidation, they'll pursue you until you're bankrupt."
"Those major investment banks have business partnerships with debt collection agencies. They'll be knocking on your door. They are demons from hell, ghosts from the abyss."
"Thank you for your kind intentions. I came here only to short the NASDAQ," Zhang Tianxing repeated his consistent statement. If he liquidated his position tomorrow, there would be no chance to recover what he had lost.
The chips in his hand were important. He needed to remember his initial judgment. Had the basis for that judgment changed? No. Then he would continue until he was powerless, even if he crashed his head against a wall. He would not turn back until he hit the south wall.
Seeing Zhang Tianxing like this almost drove Collin mad. This Zhang Tianxing was unappreciative. Collin believed that the joint statement by the leaders of these two countries had saved Zhang Tianxing's life, as otherwise, the opening of the market tomorrow would have seen a plunge that would have liquidated Zhang Tianxing in minutes.
At that point, Zhang Tianxing would lose everything, down to his last pair of underpants. He wouldn't be making sarcastic remarks here. "You're so powerful, why don't you go to the universe and stand shoulder to shoulder with the sun, charging straight into the cosmos."
...
At Morgan Stanley Investment Bank, Old Collin wore a troubled expression. He swept the items on his desk to the floor, leaving the office in a mess. Old Collin's roars could be heard.
"Damn it, they're all useless! If the market had risen another 0.1 today, this deal would have been perfectly closed. We agreed to push together, but everyone is more cunning than the last. Now, it's true that we're saving money, but we're doing two days' work in one. What kind of situation is this!"
At this moment, a staff member walked over. "Old Collin, the boss wants to see you."
Old Collin tidied his clothes. "I'm coming right away." Damn it, I knew there would be a variable. Things weren't that simple.
"Boss, you wanted to see me," Old Collin said humbly to the boss in front of him.
"Old Collin, come here. You must remember that there's only a step between heaven and hell. I am very dissatisfied with your performance today. Regarding the 100 million US dollar short NASDAQ order, persuade the client to close the position as soon as possible. That's all, you can go now," the boss commanded lightly.
"I understand. I guarantee I will complete the task!" Old Collin said loudly, not daring to breathe.
He never expected that the busy boss would pay attention to a mid-level manager like him. It seemed that he had a chance in this year's personnel adjustments. Thinking of pushing towards higher positions, Old Collin left the boss's office feeling invigorated and pleased.