Chapter 674 - 657: All Profitable
After Hu Zhifeng learned that the Japanese stock market plummeted by 70%, he regretted not selling his shares in the automotive manufacturing investment. Three years ago, when the Hong Kong market dropped by 40%, part of it was due to decision-making errors from relevant departments, a partially human factor. But this time, Little Days’ plummet wasn’t like that, and it would be very difficult to recover to previous levels. Fortunately, 85% of the funds have been recovered, so he accepted the loss on this one investment.
Returning home, Hu Zhifeng said to Zong Shimeng, "I’ll transfer thirty million to you tomorrow, buy whatever you like."
Zong Shimeng was already aware of the Japanese stock market crash, and she replied with a smile, "Zhifeng, please don’t get distracted anymore when discussing business with Nie Zhan in the future."
Hu Zhifeng felt deep regret and said, "Don’t worry, I won’t do it again. This time, it was all thanks to you, or else I would have suffered heavy losses."
He had invested over a hundred million, and to gather that amount initially, he sold off quite a few of his properties. Now, he’s retrieved over three hundred million, making twice the profit.
Even though the stock market crashed, the real estate market hasn’t moved yet, but a real estate winter is surely coming. If it weren’t for Lu Jiaxin sharing advice with his wife, not only would he have lost everything, but he wouldn’t even have recovered the principal. That’s why, having earned a good profit, he’s generous with Zong Shimeng.
Zong Shimeng said, "Nie Zhan and Jiaxin’s investments have been very profitable over the years. If there’s a good project next time, you should invest in a share."
She wouldn’t bring this up otherwise. Jiaxin is currently doing big business, and a few tens of millions on hand aren’t enough for that level, so maintaining good boundaries is more important because of their close relationship.
Hu Zhifeng paused.
Zong Shimeng noticed something was off: "What, Nie Zhan invited you to a project and you rejected it?"