Facing this situation, the Secretary of the Treasury of the United States was furious.
These damned internet technology companies. They couldn't even develop properly, just having a gimmick with no practical action.
All they thought about was going public and raising money, with no real substance.
Everything was just a project proposal. It turned out that ninety percent of internet companies were just empty promises.
He had heard before that the internet technology sector was deep and treacherous, but he hadn't taken it seriously then.
Who knew it would be so unreliable. What kind of situation was this?
However, the Secretary of the Treasury's brows furrowed, and an idea struck him.
Damn it, this was a good thing. His opportunity to get rich had arrived.
"The stock market has risks, and investment requires caution." Even a three-year-old knew this.
Investors were still making money from these internet technology companies.
It just depended on whether they had sold in time. If they hadn't sold and remained shareholders, their fate would be grim.
Every single one of them. Find the legal representatives and staff of these internet technology companies.
Dig three feet deep to find them all. I will fine them until they are bankrupt.
The national treasury wasn't very full, and if he wanted to be re-elected, he needed to ensure the treasury was sufficiently replenished.
Here were the ready targets. The money these companies raised from going public had to be returned to him obediently.
These businessmen, for the sake of money, weren't even putting on a show. Just a proposal, who else would you arrest if not them?
Suddenly, the United States descended into chaos and excitement.
The Treasury Department and the federal courts were busy, devising ways to make these unscrupulous businessmen and investors pay more fines.
...
However, this action dealt another blow to the already fragile stock market.
The sector, led by internet technology companies, directly entered a period of steady decline.
Even Wangyi, which had broken its IPO price, couldn't hold on.
On its first day of trading, Wangyi fell below its IPO price of fifteen dollars, closing at twelve dollars, a decline of twenty percent.
Numerous investors' eyes turned green. Damn it, this was unreasonable. It seemed they would only be millionaires.
"If you don't act now, the stock price of Wangyi will enter a period of steady decline," Ding Sanshi told the angel investors.
Reasonably and emotionally, Ding Sanshi had done his part by informing them. He could do nothing more.
"When an avalanche occurs, don't think about going against the heavens. There's only one thing we can do, and that's to survive. Only by surviving do we have the right to talk about other things," Zhang Tianxing had advised Ding Sanshi.
It seemed he had been too careless, only relying on his company's strength. However, looking at the stock prices of established internet technology companies like Microsoft, Yahoo, and Amazon.
Ding Sanshi fell silent. Those older brothers had fallen even harder than Wangyi, with their market capitalization shrinking by over thirty percent, and one even by forty percent.
Damn it, if this continued, all internet technology companies would be finished. It was uncertain if even ten percent would survive.
Even if they barely survived, they would be struggling to exist, unable to recapture the glorious days of internet technology companies.
The sharp decline in internet technology companies began, triggering a chain reaction.
The previous continuous rise had exhausted the strength of the bulls.
The excessively high stock prices deviated from fundamentals. When one sector experienced an avalanche, it caused other sectors to avalanche as well.
There was no other reason, they had simply risen too much.
The Nasdaq only managed a brief rebound. Just when people thought the market rescue was successful, it took a sharp turn downwards.
The trend was decisive, giving people no time to react.
In the final minute, there was a bull trap, making the bulls believe a real rebound had begun, only to realize it was a feint.
What followed was a continuous decline, and people's faces turned green.
Damn it, everyone was stunned at this moment. They had never seen such a falling stock market.
This time, the Nasdaq brought shame to the United States. Circuit breakers reappeared, the Nasdaq plummeted, and there was no power to rebound.
...
John F was stunned by this situation, marveling at Zhang Tianxing as a genius.
When everyone was bullish, expecting the Nasdaq to challenge its previous high, they all thought it would pass easily.
Only Zhang Tianxing, a man from the mysterious East, China, did not blindly follow his teachers and classmates. He directly expressed his opinion: he was bearish on the Nasdaq.
Initially, everyone thought Zhang Tianxing was just saying it for attention. They had seen plenty of attention-seekers.
In the United States, naive people couldn't last.
Who would have thought that Zhang Tianxing would directly use his own money to short the Nasdaq? One hundred million US dollars, what was that concept?
Zhang Tianxing was initially just a pretty boy, but who knew he was a pretty boy with considerable strength.
With this net worth and his looks, why would he still go to school?
This incident made Harvard students feel the malice of this world.
What was the most terrifying thing in the world? It was someone who looked better than you, was infinitely richer than you, and worked harder than you.
How could they compete? What could they use to compete?
In all metrics, they were completely defeated. Zhang Tianxing became the undisputed campus heartthrob of Harvard, receiving so many flowers every day that his hands were sore.
Zhang Tianxing was helpless. Fortunately, he was agile, which amazed countless female students pursuing him.
They discovered another advantage of their campus heartthrob: his physical fitness was extraordinarily good.
This made their gazes even more fervent. With this, their lives would be perfect.
Finding someone rich and extremely capable; such a life was undoubtedly a winner.
They wouldn't trade it for the presidency. However, to this day, no girl had succeeded.
There was no way. Would someone with one hundred million US dollars lack women? The answer was no.
Moreover, Zhang Tianxing was not interested in these women throwing themselves at him. Their motives were impure; they were after his money, or his kidneys, or his body. He wasn't that kind of casual person. Get lost, women only slow down my earning speed.
Now Zhang Tianxing had made a fortune by shorting the Nasdaq. Wasn't it too easy to make money?
Zhang Tianxing secretly clicked his tongue. Damn it, the stock market was a weapon that killed without shedding blood. It would take years of hard work in the real economy to earn this much money.
He never expected that by just coming out to study for a while, his assets had doubled. Such a situation made him truly feel that life was unpredictable.
This happiness came too suddenly.
"Zhang Tianxing, enough is enough. The US authorities are quite displeased with you. This plunge in the Nasdaq is inseparable from your actions," John F said to Zhang Tianxing with concern.