Chapter 669 - 652: Liquidation
The Nikkei 225 index reached over 37,000, just over 1,000 points shy of the highest point Lu Jiaxin remembered. She recalled that the Nikkei 225 crashed in the early nineties, though she wasn’t sure of the exact month. Seeing the index so high now, she concluded that it crashed in January.
The economy is interconnected, like pulling one hair can move the whole body. With the Nikkei 225 index crashing, Japan’s stock market must have had a massive earthquake, and the economy couldn’t possibly be unaffected.
Lu Jiaxin called Deng Weihai, instructing him to sell the stocks and real estate under her name. In previous years, when Little Days’ economy soared, she had bought many quality stocks and properties. She also made some investments, albeit through Nie Zhan.
Upon hearing Lu Jiaxin saying she wanted to liquidate assets to invest in a major project, Deng Weihai immediately assured her, "Boss, don’t worry, I can liquidate the assets within a week."
The inflated Nikkei index was set to expire at the end of the month; the stocks she bought had risen significantly and were in high demand, and the invested properties were in prime locations and would sell quickly.
Lu Jiaxin was very satisfied with this response. She planned to move half of the liquidated funds back to Hong Kong and the other half to America, aiming to profit once again from the plummeting Nikkei index.
Because Lu Jiaxin emphasized a quick sale, Deng Weihai immediately went to the securities company after hanging up the phone. He was not only selling Lu Jiaxin’s futures, stocks, and properties, but also his own stocks. He hadn’t invested in real estate, as it wasn’t lucrative for him.
Lu Jiaxin mentioned investing the liquidated funds into a major project, but Deng Weihai merely listened. If his guess was correct, the boss must have sensed a crisis, prompting her to liquidate assets.
Over the years with Lu Jiaxin, he had received substantial salaries and bonuses, but the majority of his money was earned by following her investments. His initial capital of three million had grown to over forty million, a fifteen-fold profit. And this was with a cautious approach; otherwise, it could have doubled or tripled.
Though he couldn’t compare to Lu Jiaxin, Deng Weihai was already very content. The boss had substantial funds and numerous companies under her name, so it was better for his money to remain steady in the financial markets.