Chapter 1627 - 1626: Lei Qi Trades Stocks

Chapter 1627: Chapter 1626: Lei Qi Trades Stocks

Chapter 1626: Lei Qi Trading Stocks

Seventh Brother was puzzled, "The stock market in Country R was pretty good a few years ago, but it hasn’t been doing well since last year and hasn’t recovered yet."

Mengyu looked at Seventh Brother with a half-smile, "It’s precisely because it’s bad that you should buy it. If you wait for it to get better before buying, how can you make money?"

Seventh Brother’s heart suddenly skipped a beat: Eldest Lady Nan is clearly not an ordinary person. If she dares to do this, she must have her reasons. Why not follow her lead a bit?

However, he had already given away eighty billion and now has no money left!

Thinking of the eighty billion, Lei Qi’s heart thumped as he cautiously glanced at Mengyu and said, "Eldest Lady Nan, I also want to invest in Country R stocks, but I have no money. Could I go back and say it’s being paid to you at price? Of course, in return, I’d help Eldest Lady Nan break down your eighty billion and invest it in Country R’s stock market."

Mengyu didn’t expect this kid to be so clever. She had already spared the Lei Family four billion, originally intending to forge good relations.

Now, however, since this kid has pocketed the benefits, her intention to make friendly overtures to the Lei Family with that four billion will naturally be unachievable.

But seeing Lei Qi’s character and his efficient and decisive approach, cunning yet principled, investing in an individual like Lei Qi might be better than investing in a family.

Moreover, it would be quite a challenge for her to personally manage eighty billion into Country R’s stock market.

Since Seventh Brother could solve this problem, she considered it as solving a huge hassle for her.

Seeing that he was being upfront and also agreed to help her invest, she agreed.

"Alright, after you break down the eighty billion into smaller amounts and put it into the stock market, give me the certificates."

Seventh Brother was delighted, "Thank you, Eldest Lady Nan."

After returning, he indeed told his family about the Yuan Nourishing Pill and Revitalizing Pill he received. The family allocated him an additional four billion from elsewhere, which he combined with the eighty billion entrusted by Mengyu, converting it all to R Yuan.

At this time, the R Yuan was devalued, with 1 Million Yuan able to exchange for 250 R Yuan. The R Yuan exchanged from eighty-four billion Million Yuan was quite substantial.

Seventh Brother divided this money into multiple accounts, dispersed it incrementally into the stock market of Country R. Of course, the choice of investments was also decided by Mengyu.

Afterwards, he handed over the certificates to Mengyu and assigned people to keep a constant watch on the stock market. Whenever Mengyu decided to sell her stocks, he would follow suit. Until October 14, 1987, when Mengyu gave him the certificates again, instructing him to quickly sell and withdraw the funds promptly.

Through this operation, their funds grew 92-fold.

Once the money was withdrawn, Seventh Brother found that the R Yuan had appreciated. Initially, over 250 R Yuan could exchange for one Million Yuan, but now only 140 R Yuan were needed to exchange for a Million Yuan, so he considered converting all the money back to Million Yuan.

However, Mengyu refused, agreeing to exchange only ten billion Million Yuan, then stopped. She said the R Yuan was in an upward phase and that money not needed immediately should be placed there temporarily.

In reality, she knew that in her past life, the R Yuan continued to appreciate until 1995, when it had appreciated to the point where each Million Yuan could exchange for only seventy-nine R Yuan, before it began to devalue.

Money that wasn’t needed was naturally more profitable stored as R Yuan, as Swiss Bank could accept any currency!

However, she did exchange one hundred billion Million Yuan, because by this time her charity foundation was well-established, and she didn’t want to accept oversight, so her charity foundation didn’t accept donations from anyone, meaning the expenses were larger.

The over ten billion from the Huaxia Dragon Auction House was already depleted, so she exchanged one hundred billion Million Yuan from these funds for expenditures for the charity institution and various investments, while the rest remained in R Yuan at the Swiss Bank.