Chapter 202 Breaking a record
The Guo family's mansion was filled with laughter and laughter, and everything was filled with a happy New Year-like atmosphere. Although the servants working in the mansion didn't know why, the owner's family were all so happy, but
When a large red envelope is handed out, who else can push it forward?
Mr. Guo was so happy these past two days that the return of 20 billion US dollars, after deducting costs, was more than 30 times. This amount shocked Mr. Guo at the time. Although he had known for a long time that futures
If you do well in the market, you can make a lot of money. In just a few months, it is the first time in Mr. Guo's life that he has received such extremely generous returns. Even when a subsidiary of Guo's Shipping Group was listed in Hong Kong, it had never happened before.
This kind of thing. Originally, when he thought about it, he would be quite satisfied if he could earn 100% of the income. It was incredible, and he could earn ten times the income. Who would have thought that Yu Dongfeng actually reported an income of more than thirty times. At that time
Mr. Guo almost lost his temper and frightened the Guo family's health doctor.
Even if Fang Mingyuan and Fang Mingyuan share the money almost equally, it is still an income of 10 billion U.S. dollars. Today, the total value of Guo Shipping Group Co., Ltd. cannot reach that much. However, Mr. Guo is very tight-lipped and does not have any relationship with Guo Tianyu.
When any of them told the details, they only said that they had made a huge profit from oil futures, and the profits were very considerable. No matter how other family members asked, they would not explain it. They also ordered Fang Mingyuan to keep secret about this matter. The specific income situation is in the futures
Before the entire contract is sold, it must not be leaked to anyone, not even Fang Bin, who is also in Hong Kong. Naturally, Fang Mingyuan can only bow his head and obey orders.
To be honest, Fang Mingyuan was not surprised to be able to earn such a huge profit. Although he knew that futures trading has the characteristics of "using small to gain big" due to the leverage effect of the trading margin system, and he can use relatively large amounts of money to do so.
He needs only a small amount of funds to complete huge transactions, but as he knows, the transaction margin generally requires ten to fifteen percent of the total amount of the futures contract. In this aspect alone, due to the existence of Dongfeng, the funds required for the transaction margin
It is less than half. Naturally, more crude oil futures can be purchased. In this way, the income is far beyond Fang Mingyuan's expectation. Fang Mingyuan never would have thought that by just seizing this opportunity, his assets would double.
He has traveled thousands of miles and has a fortune of tens of billions of dollars. Not to mention in China and Hong Kong, even if you look at the whole world, you can definitely be called a rich man.
Although in the days when Fang Mingyuan came to Hong Kong, Yu Dongfeng had already said that he was mentally prepared for these situations, but when the day came when the report was handed in front of him, Fang Mingyuan also lost his composure.
I read it over and over again no less than a dozen times. During the two days, I would take it out from time to time and read it again. Then my eyes would be blank, I would pinch myself a few times from time to time, and I would also let out a giggle, which made others laugh.
He looked sideways, and Lin Lian and Chen Zhong were both dumbfounded. Fang Mingyuan's heart was completely relieved at this time. Originally, he thought that with the capital he invested, he could make a fortune in this feast.
For one billion and eight hundred million dollars, he could be thankful to God, but the result was far beyond his imagination.
Ten billion U.S. dollars, a huge sum that he had never dared to imagine in his previous life, just fell on his head. Fang Mingyuan felt particularly comfortable.
"Mingyuan, Mr. Guo, please come over!" Lin Lian answered the phone and reminded Fang Mingyuan softly.
When Fang Mingyuan rushed to Mr. Guo's place, besides Mr. Guo, Yu Dongfeng was also present in the room.
"Dongfeng, let me introduce to you again. This person is Fang Mingyuan from Qinxi Province in the mainland." Mr. Guo said to Dongfeng solemnly. Yu Dongfeng couldn't help but be confused and confused. As early as Fang Mingyuan's
The two of them had already met on the first day they came to Hong Kong. What kind of fun did the old man have?
"You've always wanted to know how I knew that the Middle East would be turbulent and the world's crude oil prices would rise significantly. Now I'm telling you, I didn't know that at the time. If you want to ask why, just ask him!" Mr. Guo
Before he finished speaking, Yu Dongfeng had already fallen down from the chair and sat down on the ground, dumbfounded.
"Okay, okay, I admit, I lost my composure at that time. But in that situation, how many people would not lose their composure?" Yu Dongfeng later explained to his son, "How old was he at that time?
I don’t know, but I know that he will definitely not be over eighteen, because he still has a strong childish look on his face. Of course, I didn’t know until later that he was only fourteen at the time. ok, ok, even if he was eighteen
Well, your father and I were forty-two at the time. I had been in the futures market for no less than fifteen years and could be considered a successful futures trader. Although I couldn’t say that I was victorious in every battle, I still won six or seven out of ten battles.
He is also a well-known person in the futures trading industry in Southeast Asia. I didn't even see the opportunity, but a young man who was only 18 at the time and to whom I once explained futures knowledge saw it. You old man
Dad, can I not be surprised?"
In fact, Yu Dongfeng's reaction at that time was not just surprise, but more of a shock, a reaction after being unable to believe the facts. But after all, he was a man with a long-standing psychology, and he was pulled up from the ground by Fang Mingyuan.
After that, normalcy quickly returned.
Fang Mingyuan didn't expect that Mr. Guo would actually "betray" himself, so he could only deal with it in a hurry with the same words he used to coax Mr. Guo.
"Just like that, you and Mr. Guo took out so much money and invested it all in the futures market?" Yu Dongfeng said in disbelief, "Have you never thought about what to do if you fail? Although Mr. Guo took out thirty
500 million Hong Kong dollars, but the Kwok Shipping Group has a huge business. Even if it is all lost, it will only hurt the muscles and not move the bones. You have wiped out almost all the family property!"
Fang Mingyuan shrugged and said: "Yes, if it fails, then of course the family will be ruined. But I think, I am still young, and all the money will be lost. At most, it will take a few years, and I can make it back. But once I succeed,
, my harvest will be rich and I will be satisfied with it, why not give it a try?" Of course he could not tell Yu Dongfeng that his brother already knew it, and it was certain that Iraq would attack Kuwait. Unless Saddam was dead, there would be no way.
Results may change.
"That's it?" Yu Dongfeng was stunned for a long time before asking with difficulty.
"That's it!" Fang Mingyuan replied affirmatively.
On August 5th, August 6th, and August 7th, countries around the world were still wrangling over Iraq's invasion of Kuwait, but two U.S. aircraft carrier groups had entered the Persian Gulf, and the situation became further tense. But the world
In the oil market, the price of oil only increased by US$1.57. By the close of trading on August 7, the world oil price was US$39.57 per barrel, continuing to approach the historical record of US$40. Only this time
Within three days, Yu Dongfeng recovered nearly 10 billion Hong Kong dollars in funds. This immediately relieved the dilemma of insufficient liquidity on hand of Kuok Shipping Group Company.
"The record of forty dollars per barrel was set during the second oil crisis. If we want to break it, from the current point of view, we may need some big events to match it." Yu Dongfeng explained to Mr. Guo and Fang Mingyuan.
Mr. Guo nodded understandingly. This is just like the stock market. If you want to break through the previous highest point, you always need some good news. "But, in my opinion, this is just a matter of sooner or later. The number one of the American soldiers
The batch of 5,000 people does not mean that they will arrive in Saudi Arabia tomorrow to help Saudi Arabia defend Iraq. I think this is undoubtedly a good thing for us."
Fang Mingyuan hopes that the oil price can exceed forty US dollars as soon as possible. In the next three months, the higher it climbs, the better. Anyway, China does not import oil now. Even if the oil price rises to sky-high prices, it will have a negative impact on China's economy.
There is no negative impact. Maybe he can make another fortune by exporting oil. He thought about it and said to Dongfeng: "Brother Yu, do you want to leave a strong mark in the history of oil futures trading?"
"Ah?" Yu Dongfeng looked at Fang Mingyuan in confusion.
Fang Mingyuan leaned close to Yu Dongfeng's ear and murmured in a low voice for a long time. Only then did Yu Dongfeng show a look of enlightenment, and then a look of ecstasy on his face.
On August 8, 1990, at 10:32 am, the world oil price exceeded $40! History will record this moment forever!
Although Yu Dongfeng's self-sell and buy order only amounted to a mere hundred lots, it was like a bolt of lightning that broke through the barrier of forty dollars. Then, as the buy orders continued to emerge, the price of crude oil continued to rise.
It began to continue to climb. Although it was not as fast as the previous few days, it moved up slowly and resolutely. By the end of the night, the world oil price had reached 41 US dollars.
Fang Mingyuan didn't know that in his previous life, the world oil price reached a high of forty dollars only half a month after the war broke out. At that time, because Iraq refused to withdraw from Kuwait's territory, it instead transferred part of Kuwait's territory to
A province in Iraq, the remaining part was established as a province and declared to be an eternal and integral part of Iraq. The United States began to accelerate the movement of troops to the Gulf, and the smell of gunpowder in the Middle East became thicker and thicker. The peaceful settlement of Iraq's invasion of Kuwait, watching
When investors were disappointed with the world's future oil supply, oil prices broke through the historical high created by the second oil crisis. It can be said that under Fang Mingyuan's instigation, Yu Dongfeng's order
Chapter completed!