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Chapter 72: Still need to invest

 The reason why Qin Chuan rushed to the stock exchange in such a nervous time was because of his large investment in public bonds.

This time, he speculated on government bonds, which cost him several months of royalties. Fu Sinan even guaranteed a loan of 100,000 yuan from the bank. This money was used to short-sell public bonds with ten times leverage.

Although Qin Chuan remembered that the Xi'an Incident had a huge impact on the public bond market in history, he did not know how big the impact was. He only remembered that public bonds should have fallen to the limit after the incident. Qin Chuan was not sure about the specifics.<

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Moreover, Qin Chuan knew very well that in the next ten days or so, he would not be able to leave the Global Business Group building on time after get off work as before, and he would not even be able to use the phone again in order to avoid suspicion.

Although Qin Chuan has a secret phone in his own office on the third floor, he cannot use this phone to call home, let alone do anything unrelated to their latent mission.

Qin Chuan knew that although the numbers of their secret phones could not be found in the phone company, let alone the call records, their telecommunications team could find the call records of these phones themselves.

Qin Chuan believes that Qi Lanfeng will check the call records frequently, including the call records of Qi Lanfeng's confidential phone in his own office. This is not a matter of distrust between Qin Chuan and Wang Jia Lixin. This is their job in this industry.

Discipline.

Moreover, no one can guarantee that no one has used their phones when the three of them are not in the office.

After several months of contact with Qi Lanfeng, Qin Chuan already knows Qi Lanfeng very well.

Qi Lanfeng is not only good at communication, he is also very capable in intelligence business, very shrewd and cautious in business.

Of course, Qi Lanfeng's weakness is also very obvious, that is, Qi Lanfeng is a little too honest with his friends. Unless it is absolutely secret in front of the people he trusts, he will more or less reveal it.

Sitting in a rickshaw, Qin Chuan saw that there seemed to be nothing unusual on the street. People's lives had not been affected at all by this major event that shocked China and the world.

Qin Chuan knew that at this time, most people did not know what happened in Xi'an. The only people who have received the news now are the major newspapers, banks and companies that invest in public bonds, and some wealthy people with backgrounds.

They will be so anxious that they are in a hurry.

Sure enough, as soon as Qin Chuan arrived at the Bund, he saw many cars and rickshaws gathering in front of the stock exchange from a distance, and there was already a traffic jam on the road there.

People jumped out of the car in a hurry and ran towards the exchange.

Qin Chuan put on his sunglasses, got out of the car at a distance, and walked to the exchange as if nothing had happened. Then he seemed to suddenly discover the situation at the exchange and followed the crowd into the exchange hall.

In the exchange hall, many anxious-looking people had gathered at this time. People inside were talking to each other, and the voices of inquiring about the situation kept coming and going, making the hall extremely chaotic and noisy. There were also many people shouting loudly at the traders,

Report their selling prices for various government bonds.

It's just that the five types of public bonds issued by the Republic of China government on the trading board, A, B, C, D, and E, are all at the price limit at the moment. Among them, Qinchuan is shorting the Class A public bonds with a face value of 70 yuan.

, its price is sixty-seven.

Qin Chuan remembered that according to the trading quotations published in the "Life Herald", the price of this kind of public bond yesterday was 71.5 yuan, which fell by 4.5 yuan in just this moment. And it was still at the limit.

A large number of selling orders came out, but no one was taken in.

Although corporate bonds of private companies are still traded on the exchange, they are obviously greatly affected, with varying degrees of decline, and people are still selling, but almost no one is buying.

Qin Chuan only stayed briefly inside the exchange. After confirming the fact that the public debt had indeed been seriously affected, he quickly walked out of the hall, then got into a rickshaw and rushed to St. John's University.

Qin Chuan used the public phone in a grocery store outside St. John's University to call his eldest brother Qin Ying.

After the call was connected, the elder brother immediately lowered his voice when he heard it was Qin Chuan, "Kuanzi, do you know what's going on in Xi'an?"

Qin Chuan held the receiver and said, "Brother, I am talking to you on a public phone outside. I already know about that matter, and I just went to the stock exchange."

Although Qin Chuan didn't think anyone was monitoring his elder brother's phone calls at Citibank, he didn't want to tell him more about Xi'an.

As expected, the elder brother understood Qin Chuan's tip and continued, "I just got the news that all the public bonds on the exchange have dropped to the limit. An American friend of mine is shorting public bonds. He invested 200,000 and increased leverage.

He will make a lot of money now that the delivery is settled, but he is not sure when the delivery will be completed. He also thinks that the government bonds will continue to fall for a while. He wants to hear my advice on when the delivery can be completed.

This deal?"

The eldest brother Qin Ying was obviously saying to Qin Chuan, "You have made a lot of money, can you settle it?"

Qin Chuan has no idea how long the public debt will continue to fall, and he doesn't know how much it will fall. But one thing he knows very well is that the panic is only temporary, even short-lived. As long as everyone calms down, even if the Kuomintang does not

Intervention, prices will slowly rise.

Also, as soon as the Song brothers and sisters fly to Xi'an, news will continue to come back. The worst-case scenario is that the price of public bonds will soon stabilize, and then as soon as the news of the Chairman's departure from Xi'an comes out, the price of public bonds will rise rapidly.

It is normal for the price to rise back to the original price, or even slightly exceed it, and this time will come soon.

Qin Chuan said decisively, "Brother, I think public bonds will stabilize at any time, and even rebound is possible, so I think the safest way for him is to find an opportunity to deliver and settle tomorrow, and then immediately buy physical government bonds and wait.

Treasury bond prices are back at highs."

After listening to Qin Chuan's words, the elder brother obviously paused for a while, and then the elder brother's voice came from the receiver again, "So, do you think this matter will calm down soon?"

Qin Chuan said with certainty, "Yes, because except for a few pro-Japanese factions, no one else is willing to see anything unexpected happen to the Chairman, so this matter will eventually be resolved peacefully, and it won't take too long."
Chapter completed!
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