Rebirth 1983: Building My Business Empire

Chapter 498 - 498 486 Hong Kongs Richest Woman

?Chapter 498: Chapter 486 Hong Kong’s Richest Woman Chapter 498: Chapter 486 Hong Kong’s Richest Woman On October 27th, as soon as the market opened, it fell again. Jiaxin had already called Sun Wushuang and Wu Ziyue in advance, instructing them to close out their short positions on the index as soon as the market opened on Tuesday. As for Nie Zhan’s position, there was no need for her to worry.

Nie Zhan waited until the market opened to observe before he sold off his short index position. With 620 million Hong Kong Dollars in principal, a 10x leverage, and a 45% drop in value, he retrieved more than 3 billion after taxes and fees.

Since the transaction was made through Wan Sheng Bank, it was impossible to avoid Nie Jingwen. Once he knew, he couldn’t resist calling Nie Zhan, saying, “Ah Zhan, you’ve made over 2.4 billion on this deal.”

Nie Zhan corrected him, “It’s not me who made 2.4 billion; it’s Jiaxin who made it. That money is hers; I only helped to buy a portion because I was afraid she was overexposing herself.”

Nie Jingwen had his suspicions but didn’t expect her to be so forthright: “Then… How much did Jiaxin buy in total?”

The old man already knew and Nie Zhan would soon find out too. Nie Zhan said, “Xinxin Real Estate and Green Forest were also mortgaged, a short-term loan of 500 million for three months, which should retract more than 2.45 billion in Hong Kong Dollars.”

This time, by shorting the Hang Seng Index in Hong Kong, Jiaxin would be able to retract more than 5.45 billion. Out of this, the three months mortgage loan of 1 billion could now be repaid, and there was no rush to repay the antique paintings and calligraphy with a one-year term. In other words, after repaying the mortgage loans from Wan Sheng Bank and HSBC Bank and accounting for interest, she was left with over 4.43 billion in cash. Absolutely no second person in Hong Kong would have that much liquidity.

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