"That... Brother ng, short selling in such a major market trend, I'm afraid the risk is quite substantial..."
He didn't dare to be too direct; what if he upset this young master and he just turned and walked away in a huff?
"No problem, I just like the thrill. Small-ti deals don't suit my character. Isn't there a saying in your financial circles, 'The greater the risk, the higher the profit'?"
ng Lang, determined to ignore all advice, left Tony feeling sowhat at a loss for words.
Do all second-generation rich have such a huge gambling streak... Money really does let you do whatever you want!
"Short selling, huh... It's not impossible. You have 500,000 in funds, which basically ets the threshold for margin trading. You could short sell using margin trading thods, and at most you can use 2 tis leverage.
But to start margin trading services, you'll need at least six months of account activity on record, plus this... "
"Not possible? Then I'll ask around elsewhere... The place next door is called 'Jinhua Securities,' right?" ng Lang made as if to leave.
Six months? By then, opportunities will have passed! Stock disasters wait for no one, Teacher!
"Wait wait wait!" Tony hurriedly stopped ng Lang.
Biting the bullet, he said, "Actually, there's another way, which is to buy 'put options'."
"Put options?"
"Yes! Options are a type of matched trade, essentially a wager between you and our securities firm.
To buy put options, you only need to pay a premium. If during the agreed exercise period the stock falls, then you'll be entitled to that portion of the decline in profit, minus the premium, which would be your profit.
Of course, if the stock goes up, then you can pretty much kiss that premium goodbye."
"Oh~" ng Lang listened half-understanding, but as long as he could short sell, that was all that mattered.
"How high can the leverage go?" He asked again.
"Leverage? That depends on the extent of the stock's fall, because the premium is fixed. The more the stock plunges, the higher the profit you stand to make.
So people have seen their funds go up by dozens of tis."
"Great! I'll take it then!"
"Uh... how much do you want to buy?" Tony asked cautiously.
"What do you an how much? Of course, buy it all!"
"Hiss~"
500,000 spent on put options, if the stock rises, then that really would all go down the drain without leaving a penny!
Madman! This is definitely a madman!
But... what does it have to do with ? The commission on 500,000 in options isn't small!
"Okay! I'll go and apply with my superiors right now. With the current market trends... it shouldn't be too difficult, but it will take so ti."
"Great! I'll be off then; I'll wait for your news."
"Brother ng, do you have other business this morning?"
"Not really, just going for a stroll next door."
Tony: "..."
...
Watching Tony's hurried departure, ng Lang cracked a slight smile.
The internal struggle within the finance industry seems not too optimistic either...
Going next door was naturally on the agenda, after all, it's wise to shop around.
As an investnt newbie with no ti to learn, he also needed to compare and check if Tony really wasn't trying to dig a hole for him.
After browsing the nearby securities firms, the information he obtained was pretty much the sa as what Tony had outlined.
Checking the ti, ng Lang directly headed to a nearby large trade center.
After asking around a bit, ng Lang found a store called "Rui Xin Security Equipnt" and walked in.
The equipnt store occupied more than two hundred square ters, with various outdoor and indoor security devices hanging on the wall. Judging by the decoration, their capabilities seed quite decent.
"What would you like to purchase, young man?"
The owner, a balding man in his fifties wearing a vest that resembled a director's, asked.
"Oh, I'm looking to buy so self-defense gear."
"Self-defense gear? Are you looking for protective equipnt like helts and shields, or handheld gear like rubber batons?" The owner thought ng Lang was a security professional of so sort and enthusiastically started his pitch.
"Hmm... do you have anti-wolf spray?"
"Anti-wolf spray?" The owner looked ng Lang up and down in surprise. "For whom?"
"For my... girlfriend.
She said she's been feeling like a stalker has been following her lately, and she wants sothing for self-defense."
"Oh! I see..."
The owner didn't question further, went into the back room, and soon returned with several palm-sized items.
"While I can't sell the police-grade anti-wolf spray here—that would be illegal—there's a whole range of civilian versions available, varying in capsaicin content for differing levels of potency.
Once sprayed towards the mouth and nose, within 10 minutes the other party won't be able to open their eyes."
ng Lang picked each up for inspection, "Which one has the highest potency?"
"This one." The owner picked up one of the bottles.
"The ixi Bear Spray is a brand of anti-wolf spray with a high capsaicin content of 10%!
It can penetrate the skin within 1 second, and skin contact will imdiately result in a painful burning sensation as if on fire for up to 10 minutes.
If it gets into the eyes, it can cause blindness for 15-30 minutes, and if inhaled, it leads to persistent coughing and breathing difficulties lasting also 15-30 minutes. The more is used, the more painful it is.
Additionally, this spray contains a UV dye that cannot be cleaned from the skin or clothes within a week, aiding police identification and search later."
"Perfect! I'll take it!" ng Lang's eyes sparkled.
"Alright, that'll be 398 for you!"
So expensive? ng Lang winced internally, but when it ca to his own life, he knew he had to spend the money.
"Boss, do you have any other convenient protective gear?"
"What type are you looking for, young man? I have a lot of won's self-defense products," the owner said with an even brighter smile.
"Do you have stab-proof vests and electric shock devices?"
"Ah?" The store owner was a bit confused.
Electric shock devices could be understood, but stab-resistant clothing? These were also used for self-defense against attackers?
"Oh, my girlfriend just feels a lack of security, and isn't it the man's job to make a woman feel safe?"
Could this also be interpreted that way?
Then would my equipnt store be packed on Valentine's Day?
The store owner scratched his head. However, with business coming to the door, there certainly was no reason to refuse.
"This mini handheld electric shock device delivers 3 million volts of electricity. Contact with human body for 3-5 seconds can cause unconsciousness, priced at 588."
"16-layer PVE fiber stab-resistant vest, this is the latest product we've got. The fabric is soft, weighing about 1.5 kilograms, light and flexible. It won't affect movent when worn, but it's a bit expensive, 1798."
"Okay, I'll take these two as well. Also, I want to buy sothing else." ng Lang gritted his teeth, no pain, no gain!
"Young brother, please say!" The boss's face grew even more enthusiastic.
"Do you have caras here?"
"Caras?" The boss paused for a mont.
"Yes, we have all kinds of models for both ho and outdoor use here, 'idiot-proof' operation, direct connection to a mobile APP."
"I need the small kind, the ones that aren't easy to detect. The more hidden after installation, the better!"
"Er... the small kind, the more hidden the better?"
"Yes! It would be best if it had night vision, and 4K HD if available!" ng Lang thought and said.
Night vision? And wants 4K HD?
The boss's gaze suddenly beca a bit peculiar...
...
Stepping out of the equipnt store, ng Lang felt the bag in his hand was heavy.
The few items, plus 2 caras, actually cost 6600 yuan!
And the caras were 'three no's' products, no returns, no warranty—what a rip-off!
Just then, "Ding!" a text ssage arrived on his phone.
ng Lang looked at his phone.
"I'm Xiao Yu's sister, Lin Haitang. I heard you have a matter to inquire about. I will be available in half an hour. You may co to Eastern Building, room 1106.
However, if you are selling insurance, please do not waste both our ti. Thank you!"
"Uh..." ng Lang was speechless.
This chilly tone, every word reeking of strictly business.
Should he say as expected of a lawyer?
Only then did he rember that his company and position were written on the business card he gave to Xiao Yu yesterday—was he being mistaken for an insurance salesperson?
Uh... He really was an insurance salesperson...
After a mont of thought, ng Lang still decided to go and et the person.
In "My Struggle," Xiao Yu's sister obviously saw him as a potential criminal. If he could give her a heads-up in advance, even though it might not be very useful, at least it could reduce so of the suspicion towards him, right?
And maybe, he could get so information about the identity of the criminal from her?
...
Finance Street is the most bustling core CBD area of Su City, with nurous skyscrapers. Many financial institutions and headquarters of foreign companies are located here.
Twenty minutes later, ng Lang arrived at the Eastern Building.
Looking up at 60 degrees, the 42-story skyscraper stood like a luminous giant, surrounded by a stream of people, most of whom were city elites in suits and leather shoes.
To work here had once been ng Lang's dream.
He let go of his reveries, registered in the lobby, and took the elevator to the 11th floor.
Checking the room number, he walked into "Zhongtian Law Firm," where the receptionist imdiately stood up, greeting him with a charming smile and a slight bow.
"Good morning, sir. Do you have an appointnt?"
Truly a Golden Lawyer...
The lawyers working here must have a decent social status, and their wages certainly wouldn't be bad either.
ng Lang found it hard to connect these elite lawyers with his low-rent housing neighbors.
"Oh, yes. I'm looking for Lawyer Lin Haitang. We have an appointnt at 11."
"Alright, please follow ."
The receptionist led ng Lang to the front of an office.
"Knock, knock!" "Co in!"
The door opened.
"Mr. Lin, your visitor has arrived."
Lin Haitang behind the desk looked up and locked eyes with ng Lang. Both were montarily stunned.
"It's you!" x2
The atmosphere on scene suddenly froze...
...
"ng Lang?" Lin Haitang sat behind the desk, hands crossed under her chin, studying ng Lang, who was growing increasingly uneasy, with her icy gaze.
"Uh... that's ." ng Lang couldn't help feeling a bit guilty.
Although it was a coincidental misunderstanding, in any case, he did feel sowhat in the wrong.
Lin Haitang had a look of disdain.
"The na suits you, 'Lang' as in reckless?"
"... 'Lang' as in waves."
"Aren't they both bad?"
Hey, hey! Don't pick on just because I'm from the South and might not catch the nasal sounds in your pun!
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