After Hu Zhifeng learned that the Japanese stock market plumted by 70%, he regretted not selling his shares in the automotive manufacturing investnt. Three years ago, when the Hong Kong market dropped by 40%, part of it was due to decision-making errors from relevant departnts, a partially human factor. But this ti, Little Days’ plumt wasn’t like that, and it would be very difficult to recover to previous levels. Fortunately, 85% of the funds have been recovered, so he accepted the loss on this one investnt.
Returning ho, Hu Zhifeng said to Zong Shing, "I’ll transfer thirty million to you tomorrow, buy whatever you like."
Zong Shing was already aware of the Japanese stock market crash, and she replied with a smile, "Zhifeng, please don’t get distracted anymore when discussing business with Nie Zhan in the future."
Hu Zhifeng felt deep regret and said, "Don’t worry, I won’t do it again. This ti, it was all thanks to you, or else I would have suffered heavy losses."
He had invested over a hundred million, and to gather that amount initially, he sold off quite a few of his properties. Now, he’s retrieved over three hundred million, making twice the profit.
Even though the stock market crashed, the real estate market hasn’t moved yet, but a real estate winter is surely coming. If it weren’t for Lu Jiaxin sharing advice with his wife, not only would he have lost everything, but he wouldn’t even have recovered the principal. That’s why, having earned a good profit, he’s generous with Zong Shing.
Zong Shing said, "Nie Zhan and Jiaxin’s investnts have been very profitable over the years. If there’s a good project next ti, you should invest in a share."
She wouldn’t bring this up otherwise. Jiaxin is currently doing big business, and a few tens of millions on hand aren’t enough for that level, so maintaining good boundaries is more important because of their close relationship.
Hu Zhifeng paused.
Zong Shing noticed sothing was off: "What, Nie Zhan invited you to a project and you rejected it?"
Hu Zhifeng didn’t hide the truth and told her about Nie Zhan inviting him to start a branch of Wan Sheng Bank in SL: "The system in SL is different from ours, opening a bank there, isn’t it like throwing a bun to a dog, gone without return?"
Zong Shing couldn’t hold it in any longer and finally exclaid in frustration, "Jiaxin has made so much money and has never wasted it unnecessarily, always just buying what she likes. They must think investing there would yield substantial returns."
Compared to her earnings, the value of buying watches and antiques is really negligible.
The more she spoke, the angrier she got, "Nie Zhan wanted you in the investnt because of your years of friendship, but you turned it down. The next ti there’s a good project, they might not ask you, and you’ll just have to regret it later!"
Feeling dejected, Hu Zhifeng said, "At the ti, I only had over ten million on hand, and when I talked to Dad about the company joining in the shares, he refused."
Hearing this, Zong Shing was equally displeased. Her father-in-law was indeed too rigid. Twice she suggested he stock up on land but he was unwilling. anwhile, Nie Zhan and Jiaxin have been buying land extensively, and now the land under their nas is worth two to three hundred billion.
"Is there no other way?"
Hu Zhifeng said, "I’ll call him tomorrow and see if there’s a chance to salvage this."
Now he feels that the project with Nie Zhan will be profitable, considering how well they ti opportunities. Hu Zhifeng believes that with their friendship, Nie Zhan won’t refuse, but unexpectedly, there really wasn’t a chance anymore.
Upon hearing that among the three stakeholders, two were successors from the Zheng Family and Guo Family, Hu Zhifeng felt an imnse sense of regret. These two were willing to invest, so the project must have been promising. Alas, I should have bought in, even if it ant taking out a loan!
There’s no point revisiting lost opportunities, so Hu Zhifeng said, "Ah Zhan, don’t forget the next ti there’s a project!"
Nie Zhan didn’t agree this ti and said, "The SL branch opening project is sothing Jiaxin wants to do. According to her plan, it’s just supposed to be with my Russian friends. I wanted to find soone to share the risk, and it took a lot of persuasion for her to agree to give up so shares. She might not be willing to share equity in the next project."
Hu Zhifeng paused. It ans he might not get to participate in projects moving forward. However, considering his wife’s relationship with Jiaxin, he thought there might still be a chance.
The next day, Lu Jiaxin received a call from Yu itong, inviting her for dinner: "Jiaxin, thanks to you, Tao Yong avoided massive losses, you must grace us with your presence for this dinner."
Lu Jiaxin smiled and said, "Let’s skip tonight, how about Friday!"
Right now, she goes to bed by ten and wakes up at six-ten for a run. Going out for dinner ans chatting till nine or ten. A lack of sleep would affect her performance the next day, and she doesn’t like disrupting her routine.
"Then I’ll co to visit you after work."
Lu Jiaxin, still smiling, said, "Co over to my place! I’ll have the auntie make crystal cake you love."
"Oh yes, aside from the crystal cake, I want the Lotus Seed Soup auntie makes," Yu itong said. She has no idea where Jiaxin found this auntie, but her pastries and soups are particularly delicious.
Yu itong took the afternoon off and went shopping in Central with Tao Yong. This ti, they bought a lot, feeling exhilarated as they hadn’t felt in a long ti.
Lu Jiaxin waited for them in the living room, watching as they walked in with about twenty bags. She expected they would bring gifts but didn’t expect this many, and jokingly said, "Did you move the whole mall here?"
Yu itong laughed cheerfully, "Part of it is yours, part for Nie Zhan, and part for Uncle. It doesn’t amount to much for each person."
After saying that, she took out two diamond watches she picked out, "These are the latest from Patek Philippe, a couple’s set. Do you like them?"
Lu Jiaxin smiled, said she liked them, took off her own watch, and put on the one itong chose for her. After putting it on, she smiled and said, "It looks great, I really like it."
Hearing this, Tao Yong let out a sigh of relief. Thanks to Lu Jiaxin’s tip to itong, he avoided a huge loss.
He ignored advice three years ago, but this ti he learned his lesson, not only selling all his Japanese stocks but also convincing several major clients to clear out their Japanese stocks. Last night, several major clients called, praising him highly, and he won’t have to worry about clients anymore.
Apart from the watches, Yu itong also selected a set of jewelry. This set of jewelry costs 1.6 million Hong Kong Dollars, even more expensive than the two Patek Philippe diamond watches.
Seeing the jewelry, Lu Jiaxin knew it was costly, shaking her head she said, "Tao Yong, Sister itong, I’ll accept the watches, but I can’t accept the jewelry, it’s too extravagant."
Tao Yong said, "Sister-in-law, you reminded a while ago, letting earn over seventy million, otherwise I wouldn’t even have kept the principal by now."
Yu itong laughed and said, "Jiaxin, I spent an entire afternoon buying these gifts, and even twisted my ankle..."
Looking at her foot, Lu Jiaxin interrupted her, "Are you alright?"
Yu itong waved her hand to say it’s fine now, "It was very painful at the ti, but I found a therapist at a nearby beauty parlor who massaged it with essential oils for half an hour, and it was fine. Jiaxin, you helped us avoid such a big loss, it’s just a small token of appreciation, you can’t refuse it."
Lu Jiaxin smiled and accepted it.
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