NOVEL NEXT Chapter 453: It Went Up
Wall Street is merely a 500-meter-long street block. In terms of bustling activity, from the outside, it doesn't seem much different from the Lujiazui area in Hucheng. But this short 500-meter block is a hub of wealth for the entire world. It not only gathers banks, insurance companies, and shipping companies established by major families such as the Rothschilds, Morgan, Rockefeller, and others.
Nowadays, as times have changed, most people can operate stocks or futures by just moving their fingers at home. Yet, the term 'Wall Street' has long surpassed the place itself, becoming synonymous with money.
In fact, Zhou Yuwen didn't stay long after bringing Lu Wanting here. He registered a personal account and, using Lu Wanting's connections, registered his own company.
In the following days, he gradually transferred all five million US dollars.
Honestly, Lu Wanting didn't really approve of Zhou Yuwen playing with stocks.
Lu Wanting always felt that Zhou Yuwen, after his early success domestically, got carried away after earning 60 million. While that amount may seem substantial domestically, on Wall Street, it's just a drop in the bucket.
When you throw money into the ocean of wealth, 60 million might not even create a ripple.
However, Zhou Yuwen was quite persistent. The first stock he looked at was Vipshop, which had just gone public. In 2012, it was listed at four US dollars, and for the following year, it had a lukewarm reception, staying around four dollars. But starting in 2013, it suddenly soared, escalating from 120 US dollars in early June 2014 to 200 US dollars, achieving nearly a fifty percent profit in just one month.
After seeing Vipshop's early trend chart, Zhou Yuwen told Lu Wanting, the US stock market isn't as dangerous.
"You keep saying there's no bottom, but in fact, see, this stock's growth has been quite even over the past two years."
Upon hearing this, Lu Wanting lowered her head in silence, thinking, fate always loves to tease people. Some stocks are like this; when you haven't bought them, they soar high, but once you do, they start a string of declines.
For other stocks, Zhou Yuwen might not be so confident, but for Vipshop, he had specifically researched it while writing a novel before.
He indeed stood at the forefront of the times.
Vipshop started with e-commerce, mainly focusing on a women's e-commerce platform. However, before 2014, e-commerce was not booming and struggled to gain the trust of the general public.
Not until after 2014, when Boss Ma became the nation's richest man, representing the entire e-commerce industry, did he tell everyone that e-commerce was the country's future!
Later, electronic commerce flourished everywhere, with various vertical e-commerce platforms emerging endlessly.
Vipshop, due to its early listing, soared during this period.
At this time, Vipshop began to show its growth potential; percentage increases were just minutes apart. There were fluctuations, but they were relatively minor.
Before coming to America, Zhou Yuwen had imagined playing the stock market, earning quick money, and then purchasing a batch of quality stocks as his overseas assets, like Apple, Coca-Cola, etc.
But after arriving in New York, he realized money was really spent quickly. 60 million was nothing, not to mention major expenses like buying villas and luxury cars. Even daily hotel expenses were about 5,000 a day. He booked a half-month for Su Qing over there, then, after arriving on Wall Street, Zhou Yuwen booked another half-month in this area as his temporary studio.
Thus, monthly spending was about 300,000.
Not counting meals and shopping.
The evil capitalist world requires money everywhere.
Yet, it was precisely this that stirred Zhou Yuwen's ambitions.
Zhou Yuwen thought, since he's playing, why not play big?
He asked Lu Wanting whether she knew any companies that offer financing or loans.
This scared Lu Wanting, prompting Zhou Yuwen not to frighten her.
Buying stocks moderately and allocating assets is enough. If you start financing, you're really asking to be cutthroat.
The New York Stock Exchange on Wall Street is indeed impressive. Even in 2014, when the internet had reached thousands of households, the trading floor was still crowded, with gray-haired old men elegantly dressed.
Don't underestimate these old men in their sixties or seventies; each might be a wealthy tycoon. The more old-fashioned, the less they believe in that tiny computer at home.
They just love coming to the trading floor, watching the red and green on the screens.
Standing in this historically rich trading floor, Zhou Yuwen merely smiled at the thin girl beside him and asked, "Do you trust me?"
Lu Wanting expressed that it's not a matter of trust or distrust.
"Do you trust me?" Zhou Yuwen still asked the same question.
He had a forward-facing confidence. Zhou Yuwen told Lu Wanting, since they're already here, why not go crazy?
"It's only five million. If we lose, then consider this contribution to the global stock market. But if we win, ten times leverage, fifty percent profit, nearly thirty million USD, two hundred and forty million! You'll witness history!" Zhou Yuwen, excited, grasped Lu Wanting's arms.
Lu Wanting felt that Zhou Yuwen was crazy, but she couldn't refuse.
Because what Wall Street least lacks is financing and lending. Even if she didn't help, Zhou Yuwen would surely find someone else. So rather than letting him find someone else, she'd better help him, at least to keep it more secure.