As a Magnate, I Started Checking in at a Convenience Store - Chapter 443
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- Chapter 443 - The Money Printing Machine Can’t Keep Up with Me
Chapter 443: The Money Printing Machine Can’t Keep Up with Me
Translator: Dragon Boat Translation Editor: Dragon Boat Translation
“The next day, early in the morning!
After breakfast, everyone sat in front of their computers, ready to show their skills today.
Zhou Chao walked out of the room and clapped his hands, saying, “Let me explain this morning’s schedule!”
All eyes turned to Zhou Chao.
“The only task this morning is to raise funds! Work hard to raise funds, and do nothing else until 1:30 in the afternoon.”
“Boss, are we not short-selling today?”
No, today is the most critical day. Everyone, keep your ears open, be fully alert, and listen carefully to all my instructions. Whether you will live luxuriously or be constantly on the move after returning to the country depends on today and whether we receive any information!”
“Yes!” Deafening shouts filled the room, even Todd and his team outside couldn’t help but feel curious.
At nine o’clock, the stock market opened, and everyone started to take action.
Sixty-seven billion, with a leverage of ten times, a total of six hundred and seventy billion. Soon, some people noticed the changes in the stock market, and retail investors began to sell their stocks in an attempt to protect themselves.
The one-sided buying without selling caught the attention of many, and professionals, teams, and companies from various industries began to investigate. The situation was unpredictable, and everyone was paying close attention.
“Boss, we’ve raised a hundred billion!”
“Continue!” With closed eyes, Zhou Chao instructed.
“Two hundred billion!”
“Three hundred billion!”
“Boss, we’ve used up all the scattered stocks available!”
“Short other two indexes. Gu Chen, contact the brokers and see if there are any willing to take the opposing bet. We’ve purchased all the bearish options in the stock market. Take action immediately!” Zhou Chao opened his eyes and glanced at his watch; it was already twelve o’clock, and there were only two hours left until the information provided by the system.
Without any delay, Gu Chen immediately took action. Soon, many people knew that a big player was short-selling the indexes, and many bearish investors who wanted to enter the market could only watch and sigh.
Time passed second by second, and everyone’s nerves were on edge. Even Zhou Chao himself felt his palms sweating. The time quickly reached half-past two, and Zhou Chao saw that the moment had come; he stood up.
“Everyone, listen up! Sell off all the Dow Jones Index contracts in your hands, and dump all the stocks you hold. We need to bring down the Dow Jones Index!” Zhou Chao shouted excitedly.
“Yes!” The traders were also filled with excitement; they knew the decisive battle had begun.
In a moment, the stock market was in turmoil. Zhou Chao’s stocks were all sold off, and others quickly took over. By the time Zhou Chao and his team finished selling their stocks, ten minutes had passed. Zhou Chao was nervous, and they were only one minute away from the system’s given time point.
Time passed quickly, and Zhou Chao looked at the data on the computer. His breathing became much quicker.
“It’s dropping, it’s dropping! The Dow Jones Index is plummeting!” Gu Chen exclaimed with excitement.
The time was exactly 2:42 in the afternoon.
“All personnel, follow my orders. Terminate all contracts in four minutes.”
“Boss, should we wait and see? The Dow Jones Index might experience another big drop!” Gu Chen suggested loudly.
Zhou Chao’s gaze turned icy as he looked at Gu Chen. He said, “Follow my instructions. If you’re unsure, let someone else do it.”
Gu Chen felt like he had been frozen by Zhou Chao’s gaze, but Ling Chen nudged him a couple of times, bringing him back to his senses. He hurriedly said, “Understood, Boss.”
Zhou Chao gave Ling Chen a glance, positioning him behind Gu Chen to supervise his actions, just in case any issues arose later that needed immediate correction.
With their eyes fixed on the time, everyone held their breath, afraid that even a single exhale could affect their next moves.
As the time reached 2:46, Zhou Chao shouted loudly, “Close all contracts immediately and then switch to buying!”
All the traders were momentarily stunned, but Ling Chen’s shout brought them back to reality, and they quickly sprang into action.
“Don’t just stand there, act immediately!”
The traders, now back to their senses, swiftly sold off their contracts, which were quickly picked up by multiple parties. Failing to sell them off would only cause the index to continue its descent.
In less than a minute, everyone settled their contracts and opposing agreements. Each person looked at the numbers in their accounts with amazement.
“Don’t stand around; buy now… and don’t use leverage.” Zhou Chao decided against using leverage this time, as the funds in each account had already reached over 60 billion.
Zhou Chao checked, and the Dow Jones Index had just dropped by over 1,000 points, a quarter of its value, and this situation had lasted for less than six minutes. Now, the index had started to climb again, and nearly 90 billion dollars in stocks had vanished in just six minutes, with the majority ending up in Zhou Chao’s possession.
“Boss, should we short the other two indexes now?” Excitement filled Ling Chen’s face as he walked over to Zhou Chao.
“What’s the situation with those two indexes now?” Zhou Chao looked relaxed, but his fingers were tapping unconsciously.
“They’ve both dropped by more than three percent.”
Zhou Chao pondered for a moment before speaking, “Sell them all!”
After all, these two indexes have also dropped by around three percent according to the system’s data. The major part has already been taken, so let’s not bother with these small gains.
The traders heard Zhou Chao’s words and promptly sold off the remaining two indices.
Half an hour later, the Dow Jones Index was almost back to its initial state.
Zhou Chao saw that the timing was almost right and said, “Sell the stocks in your hands in small quantities, don’t go big this time. Let’s go!”
The sound of rapid typing on keyboards filled the room, and it continued for nearly an hour before finally coming to a halt. Every trader was now sitting slumped in their chairs.
At this moment, Ling Chen hurriedly walked over with a piece of paper in his hand, his trembling hands betraying his inner excitement.
“B…Boss, we’ve struck it big this time!”
“How big are we talking about?” Zhou Chao took the summary from Ling Chen with a smile.
958.8 billion!” Zhou Chao roared, unable to believe it himself. According to his initial expectations, it would have been around 500 billion, but it had doubled unexpectedly.
“You need to immediately transfer all these funds to our group’s accounts in China, handle it separately. I’ll assist you right away.” Zhou Chao knew that if he didn’t take action, all their efforts might go to waste.
Ling Chen quickly grasped the situation, and the two of them immediately started to work. With Zhou Chao’s guidance, they swiftly divided the funds into hundreds of portions and transferred them to their respective group accounts. Zhou Chao also transferred 500 billion dollars to his own account and even sent 100 billion to Jiang Li’s account. Once they had completed these tasks, both of them breathed a sigh of relief.
After exchanging glances, the two of them burst into laughter.
The traders had also recovered by this time. Looking at their empty accounts and recalling what the boss had just said, they all realized they had made a huge profit.
Zhou Chao clapped his hands and said, “Everyone will take a rest here today, and tomorrow morning, we’ll all return to China. 1 believe you all understand the situation. This harvest is substantial, and I hope you can keep it to yourselves.”
Seeing the excitement on everyone’s faces, Zhou Chao continued with a smile, “Once we return to China, each of you will receive a bonus of one billion!”
“Thank you, boss! Long live the boss!” The traders cheered, and even Gu Chen couldn’t resist hugging them in celebration.
“Alright, alright, if you keep cheering like this, you’ll deafen me.” Zhou Chao said somewhat helplessly, covering his ears.
Hearing Zhou Chao’s words, the others quieted down, but the excitement was still evident on their faces.
“Everyone, go back to your rooms and rest. Ling Chen, come with me.” Zhou Chao said, heading towards his room.
Ling Chen quickly followed.
“Boss!”
“This matter may have a significant impact on us in the future. After returning, immediately dissolve the shell company in the Cayman Islands. Also, we need to keep a low profile and be prepared for importing materials from abroad. There’s a chance that someone or some group may try to sanction us.” Dan Dan, standing by the window, spoke.
“Boss, you can rest assured, I know what to do.”
“Alright, after returning, give them some time off, as long as they don’t leave the country. Also, don’t place Gu Chen in any critical positions.”
Ling Chen hesitated for a moment, thinking about advocating for Gu Chen, but considering Zhou Chao’s character, he realized there was no room for negotiation when it came to work-related matters.
“Yes, boss!”
“You should get some rest too.”
As Ling Chen looked at Zhou Chao standing by the window, his eyes were filled with admiration and awe.
After Ling Chen left the room, Zhou Chao took out his phone from the system warehouse. As soon as he turned it on, he saw dozens of messages and missed calls from Jiang Li, even from his father-in-law and Xiao Lao.
“My father-in-law and this little girl are calling… Could they have made things complicated?” Zhou Chao felt his forehead tighten.
He sighed deeply and decided to call Jiang Li first, after all, his wife was the most important.
In a courtyard along the canal in Jingdu, Jiang Li was anxiously holding her phone, trying to call Zhou Chao.
“Brother Chao’s phone isn’t getting through, Ling Chen’s phone isn’t getting through either, Lin Wu’s phone got through, but he’s in Modu taking care of the Shoufu. Brother Chao, where are you and what are you doing!”
In the morning, under Aunt Wang’s urging, Jiang Li finished her breakfast. She had just thought about going for a walk when she received a text message on her phone. At first, she thought it might be a scam, but when she checked her bank account balance, she found an additional one hundred billion US dollars in her account. Jiang Li was stunned, and if it weren’t for Aunt Wang’s quick support, she might have sat down on the ground in shock.
As she regained her composure, the first thing that came to her mind was Zhou Chao. She immediately tried calling him, but his phone was turned off. The same went for Ling Chen when she tried calling him. Finally, she thought of Lin Wu, but she couldn’t reach him either. In the end, she reluctantly called her own father. However, both the Jiang and Xiao families were in the dark about Zhou Chao’s whereabouts. After an internal investigation by the bank, they discovered that the paper currency funds had been transferred from abroad through a shell company. After discussing it, they decided to wait until they could contact Zhou Chao before taking any further action.
“Ring, ring, ring!” The ringing phone interrupted Jiang Li’s contemplation..
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