Chapter 62: Chen Hao's Next Step!

"Uncle Qiu, didn't I tell you before that I am preparing an even bigger plan?"

Chen Hao had already gained control of Tachang Real Estate, arranged a luxury mansion for Nina, and bought her a luxury car!

Matters in Hong Kong were basically settled.

Next, he planned to head to the United States to bottom-fish in the US stock market and the global stock market!

Although his net worth had already reached 5.9 billion!

This time, however, he intended to bottom-fish not only the US stock market but global markets as well!

He needed a larger capital pool to operate with in order to make even more money!

Therefore, he decided to invite Xiang Zhiqiu to join his bottom-fishing plan!

Besides Xiang Zhiqiu, he also hoped that tycoons like Kwok Tak-seng and Cheng Yu-tung would join his plan.

To get tycoons like Kwok Tak-seng and Cheng Yu-tung on board, he would likely need Xiang Zhiqiu's help.

Although his relationships with tycoons like Kwok Tak-seng and Cheng Yu-tung were already quite good,

after all, he was still young, and these tycoons did not trust him fully yet.

With Xiang Zhiqiu mediating and helping to pull these heavyweights into the plan to bottom-fish the US and global stock markets, things would be much easier!

"What kind of plan is it?"

Xiang Zhiqiu's expression shifted as he looked at Chen Hao with great anticipation.

He had been looking forward to Chen Hao's next move for a long time!

"According to my predictions, the US stock market is going to crash!"

"Once the US stock market crashes, it will impact stock markets all over the world."

"When that happens, global stock markets will collapse!"

"Even Hong Kong will be no exception!"

Chen Hao said.

"What?"

"The US stock market is going to crash?"

"How is that possible?"

"The US stock market has always been performing remarkably well!"

"Since March of last year, the US Dow Jones Industrial Average has climbed all the way, leaping from 1,686 points to 2,418 points!"

"How could it possibly crash?"

Hearing Chen Hao predict an impending crash in the US stock market, Xiang Zhiqiu shook his head repeatedly, finding the assertion hard to believe.

Although he mainly traded stocks in Hong Kong, he always kept a close eye on the US market as well.

Therefore, he was quite familiar with the US stock market.

He simply found it difficult to believe that it would crash!

"That's true, the US Dow Jones has indeed been climbing steadily lately!"

"However, as the old saying goes: extremes beget reversals!"

"The continuous surge of the US Dow Jones is actually a bad signal!"

"It indicates that speculation in the US stock market has become excessively overheated."

"Beneath the facade of prosperity, a massive bubble has already formed in the US stock market."

"Once this bubble reaches a certain threshold, it is bound to burst!"

"When that time comes, the US stock market will inevitably crash!"

"We can short the US stock market before the crash and make a fortune!"

"Then, after the crash, we can bottom-fish in the US market and rake in even more!"

Chen Hao explained to Xiang Zhiqiu, drawing upon information from his past life combined with his personal analysis.

"Hmm!"

"Your analysis makes a lot of sense!"

"The current US stock market is indeed showing dangerous signals."

Having listened to Chen Hao's analysis, Xiang Zhiqiu began to accept the prediction.

After a moment of thought, he asked curiously, "Then when do you expect the US stock market to crash?"

"Well... it's hard to pinpoint the exact time just yet..."

As someone reborn into the past, Chen Hao naturally knew precisely when the US stock market would crash!

He clearly remembered that the US stock market crash of 1987 occurred on October 19, 1987.

Since that day happened to be a Monday, it came to be known as 'Black Monday'!

However, he certainly wouldn't reveal this exact date to Xiang Zhiqiu.

After all, this was his trump card, and he wouldn't spill it so easily!

"Still... I estimate it shouldn't be too far off!"

"Therefore, I need to personally travel to the United States and keep a close eye on their stock market."

"The moment the US market shows signs of a crash, we can begin shorting it!"

Chen Hao gave Xiang Zhiqiu an ambiguous reply.

"Alright!"

"I trust your judgment!"

"Let's team up once again to short the US stock market, and then bottom-fish both the US and global markets!"

Xiang Zhiqiu made up his mind to continue his partnership with Chen Hao.

"Uncle Qiu, how much capital are you planning to put in this time?"

Chen Hao asked.

"How much capital are you planning to commit?"

Instead of answering immediately, Xiang Zhiqiu decided to test the waters first.

"I plan to take all 5.9 billion I made from the Hong Kong stock market and use it entirely to short and bottom-fish the US market!"

Chen Hao replied without hesitation.

He could certainly see that Xiang Zhiqiu was probing him!

But he didn't mind at all!

He was 100% confident in this bottom-fishing operation targeting the US and global stock markets!

Naturally, he had to go all-in with his entire capital for such a massive play!

As for the Hong Kong stock market, he wouldn't neglect it either!

He currently held a 50% stake in Haohan Real Estate, valued at over 900 million. He could pledge these shares to secure a bank loan and obtain funds to bottom-fish the Hong Kong stock market!

Moreover, Nina still had 500 million in her hands, which could also be used to bottom-fish the Hong Kong market!

"You're going to take all the money you've earned and put it into bottom-fishing the US market?"

"Isn't the risk a bit too high?"

"If things go wrong, all the money you've made previously will go down the drain!"

Xiang Zhiqiu said with great astonishment.

"Uncle Qiu, don't you trust my predictive ability and trading skills by now?"

Chen Hao smiled faintly.

"That's true!"

"Your predictive ability and trading skills are truly miraculous."

"Fine!"

"Since you're so confident, I'll stake it all!"

"I will also take all the money I've earned so far and join you in bottom-fishing the US and global stock markets!"

"I reckon I should be able to scrape together about 5 billion in capital!"

Xiang Zhiqiu said after a brief contemplation.

"Uncle Qiu, could you perhaps ask Uncle Sheng, Uncle Tong, and Uncle Qiu?"

"See if they might be interested in joining us!"

"If they are willing to come along, our capital pool will be even larger!"

"When the time comes, the profits we make will be even greater!"

Chen Hao suggested to Xiang Zhiqiu.

"Alright!"

"In a moment, I'll give them a call and invite them to a gathering at the Hai Cheng restaurant tonight!"

"I'll ask them about it then!"

"See if they have any interest in joining us!"

Xiang Zhiqiu nodded slightly and said.

"Oh, by the way, Uncle Qiu!"

"There's one more thing I need to trouble you with..."

Chen Hao said, deep in thought.