Chapter 103
Chapter 103
After exchanging some conventional greetings with the person in charge of the auction over the phone, Jasper finally ended the call.
“When are you going to visit the Laws?” Dawson asked.
“It’s better now than never.”
Jasper pondered for a while. “They’ve shown enough sincerity, after all, so I’d better go over and do something as soon as possible.”
…
In the presidential suite of Sheraton, Jasper met Zachary once again.
“Mr. Law.” When Jasper saw Zachary walking out of the room, he got up and greeted him. Nôvel/Dr(a)ma.Org - Content owner.
Zachary smiled and gestured to Jasper to sit. Then, he said, “Young man, we’re going back to Harbor City tomorrow.”
Jasper asked, “Has the investment agreement been confirmed?”
“If you’re the one with the land development rights, then yes, it has,” Zachary said with a grin.
Jasper said sincerely, “Thank you for your help, Mr. Law.”
“This is not even me helping you out. The situation in Mainland is not the same as in Harbor City. Even though we’ve invested here before, the central core would still be Harbor City. As such, we still have to work together with a local developer with a much larger strength in this project to have peace of mind.
“Meanwhile, the Schulers are considered to be a pretty strong company in the province, so I’m not worried.”
“Mr. Law.” Jasper was silent for a moment before saying suddenly, “I’ve been planning to go to Harbor City for a while because I think after the bubble burst in the real estate market in Harbor City three years ago, the current market situation is in a slump. It’s the best time for bottom fishing.”
At the time of the handover, under the malicious manipulation of the authorities, they had planned to make Somerland take over Harbor City which was now left in ruins and had been squeezed dry.
It was because ten years ago, the real estate market in Harbor City had been flourishing.
Almost all of the rich families and millionaires in Harbor City were dealing with the real estate industry.
In addition to that, the Laws were nicknamed God of Land in Harbor City.
The main reason this happened was that the authorities wanted to suck their blood dry. They wanted to converge all of the capital in Harbor City to the real estate industry before drawing all of them out.
It could be said that they stole all of the savings Harbor City saved up for decades and only left Somerland with the ruins.
However, although they did not have complete success because of a lot of reasons, the real estate in Harbor City completely ruptured and broke out that year.
That was the rule of the economy, and nobody could stop it from happening.
As such, the current housing prices in Harbor City were no different from cabbages to Jasper.
After Zachary heard that, he smiled and said, “Young man, it’s impossible to dabble in the real estate industry in Harbor City if you don’t have the capital.”
Jasper smiled and said, “Indeed. Judging from my current assets, it’s indeed not enough to dabble in the real estate industry in Harbor City.”
After adding up all of the money Jasper had right now, he might be able to buy a normal piece of land in Harbor City with a decent location. That was it.
After all, Harbor City was indeed the economic center in the east currently. The pre-flourishing real estate prices in Mainland could not compare to that of Harbor City.
“So, the other reason I’m going to Harbor City is that I think there’s a huge opportunity in the stock market there.”
After Jasper said that, Zachary’s expression became solemn.
To Zachary, Jasper was already not a normal young man, after all.
Jasper’s identity as the mysterious individual shareholder in the international crude oil market was enough to make someone not dare underestimate his opinion in the capital market.
Not everyone had the ability and guts to snatch away more than one billion dollars of profit from the large countries all over the world and big shot capitalists.
After returning from the auction, Zachary had asked his people to look into the details of the battle in crude oils futures.
The more he understood what was going on, the more shocked Zachary felt about Jasper. Jasper was experienced—his foresight was savage and his decision was unwavering.
Now, the manipulation skills of the mysterious individual shareholder were being used as a classic example by the professors in educational institutes of finance and economy during lectures.
If he had not seen this with his own eyes, Zachary would not believe that this was done by the young man in front of him who was the same age as his children.
“I’ve mentioned to you about the opportunity in Harbor City’s stock market. It’s the chance to make up for the near tens of billions of loss your family suffered back then.”
Jasper’s tone sounded very confident.
Zachary looked at Jasper seriously and said in a low voice, “Are you saying that you want to make a stock market index?”
The stock market index was a way to invest.
For example, the stock market for Harbor City was called Hansel Index and this was fundamental for the entire market of Harbor City. If the market rose, then the Hansel Index would rise as well. If the market dropped, then the Hansel Index would drop.
Since the finance environment of Harbor City completely replicated that of the west, they could use the rise and fall of the Hansel Index to trade the futures of the market as a whole.
Basically, they would be treating the Hansel Index as one of the products of the futures. They could leave it empty or they could make more of it.
Jasper nodded and said, “There will surely be a huge quotation of market price in a short time.”
The reason Jasper was so sure was that the dot-com bubble was about to burst.
The stock exchanges of the world would rise because of the internet economy. At the same time, internet corporate would be in high demand for stock investors.
However, after the bubble burst, a financial crisis that swept across the world would arrive.
Jasper could not tell the Laws everything because of a multitude of reasons.
Zachary lowered his voice and asked, “How sure are you?”
Jasper smiled and said, “Mr. Law, you should know that there isn’t a 100% certainty on the capitalist market.”
Zachary nodded and said while feeling disappointed and frustrated, “Indeed. I was too rash. However, the Laws do need a quick opportunity to withdraw currency from circulation.”
“90% maybe.” What Jasper said froze the expression on Zachary’s face.
“Hahaha!” Zachary guffawed because he thought Jasper was joking with him. He said, “Oh, young man. Alright, I’ll wait for you in Harbor City. If it’s just like what you said, then you’ll be… the most valuable friend to the Laws.”
Jasper got up and said calmly yet solemnly, “Old Master Law was a legend throughout his life, and his heart was with his country the entire time. As a fellow compatriot, I feel proud to have such a senior.”
Zachary could feel that Jasper was saying that from his heart. He nodded and said, “I’ll wait for you to come to Harbor City and be a guest at our house. My father hasn’t met any guests in so many years. However, he must want to meet an excellent young man like you.”