Looking at Cao Zhichong's look, Xiao Qi was a little amused: "Okay, Director Cao, if you don't want to, I'll go find Sinopec, CNOOC and China National Aviation Oil. Don't be jealous when they make money."
"Qi Shao, don't! Don't!" Cao Zhi panicked. What would happen if Qi Shao gave up on himself and supported others? He had worked so hard before, but was finally given up by Qi Shao. He still had a future.
?
Therefore, Cao Zhichong launched a fierce struggle in his heart.
Xiao Qi didn't know exactly what he was thinking, but Xiao Qi was also waiting for his decision. After all, it was impossible to force others to do this kind of thing. Only Cao Zhichong's willingness could cooperate with Xiao Qi to do this.
In fact, Xiao Qi's best choice is Cao Zhichong. Because of PetroChina's leading position in the oil industry, if PetroChina follows Xiao Qi's lead, then most other companies will dare to follow suit, and then they will lose one or two thousand dollars in the oil spot and futures markets.
Billions of dollars is absolutely feasible.
It doesn't matter if Cao Zhichong refuses to do it. Xiao Qi has other options. Sinopec, CNOOC, and even the weakest China National Aviation Oil are eager to take advantage of Xiao Qi's line. Then he can just choose one.
It's just that in that case, Xiao Qi won't take more care of Cao Zhichong in the future - it's useless to come if someone doesn't follow him at the critical moment.
After a while, Cao Zhichong finally raised his head, slapped his hands with red eyes and said: "Fuck you! Mr. Qi, Lao Cao is willing to go all out to do this with you!"
"good!"
Xiao Qi smiled, "Dr. Cao, by the end of this year, I believe you will be happy with your decision."
Cao Zhichong smiled bitterly: "But Qi Shao, it's not easy for me to get a good night's sleep this year!"
"There is reward only if you pay, and the fragrance of plum blossoms comes from the bitter cold. These various troubles are necessary on the road to success." Xiao Qi drank milk tea. "Dr. Cao, since you have agreed, then Sinopec, CNOOC and AVIC
Over there, they are willing to follow you, and you can give them a little more encouragement."
"Haha, as long as PetroChina does it, Sinopec and CNOOC will definitely follow." Cao Zhichong said with a smile: "But it is not necessarily the case with China National Aviation Oil. Because aviation fuel involves both civilian and military uses, the country is eager to have more reserves.
The better, money is not an issue, the most important thing is sufficient supply of goods.”
"Well, then it's up to them." Xiao Qi nodded and didn't force it.
"Qi Shao. Doesn't the target price need to be set?" Since Cao Zhichong had decided, he asked in more detail, "How much should it cost to sell it, how much should it cost to stabilize it, do you have any opinions?"
"There is nothing to worry about. In the face of such a big business, there is no need to care about making a little less." Xiao Qi shook his head and said: "My prediction is that the oil price will turn downward in early August, so
Just sell it in advance."
"I see!"
Cao Zhichong nodded and responded.
The buying and selling of oil is a very complicated matter.
In the spot trading market, you cannot take out tens of millions or hundreds of millions of barrels and then sell them immediately.
This involves many aspects, such as supply and demand, capital, speculation and other factors. The combination is the decisive factor in selling oil in the spot market.
Now China's billions of barrels of oil are piled up on spot, and they want to sell them all at once. It's simply a fool's errand. Xiao Qi asked them to start selling in May, and it took more than 2 months before they were barely enough.
.
Suddenly, Cao Zhichong remembered something and asked: "Qi Shao, since you are so sure that the price of oil will fall. Why don't you bet against foreigners again?"
Xiao Qi sighed: "My reputation is ruined, who dares to bet against me? Didn't you read the news at the beginning of this year? I propose to bet again. Those investment banks are like turtles, they dare not move.
ah!"
"Haha. That's because you are so awesome! It almost gave them nightmares!" Cao Zhichong said half-complimentally and half-seriously.
"Actually, there is no chance." Xiao Qi said, "How about you help me make the bet?"
"Are we going to bet against each other?" Cao Zhichong laughed dumbly, "How could they bet against us? We know that you are the strategist behind us. Doesn't it mean that we take action on behalf of you? Are they still so stupid?"
"Actually, it's not a question of whether you are stupid or not, but a question of whether the temptation is big enough." Xiao Qi said slowly: "Director Cao, do you have the guts to take out Class B stocks and take a gamble with me?"
Cao Zhichong frowned and said with a grimace: "Qi Shao, please stop scaring me! I am willing to do it, Old Cao, but the people above are not willing to do it either! This is a fatal matter!"
Like many American companies, PetroChina's stocks are actually divided into Class A stocks and Class B stocks.
Generally speaking, the voting rights of Class B stocks are 10 times that of Class A stocks. This means that even if you own 90% of the stocks, as long as your stocks are Class A stocks and the remaining 10% are Class B stocks, then
These 10% of Class B shares are the decider of the voting rights of the entire company.
One thing I want to clarify here is the rumor circulating on the Internet that "PetroChina raised US$2.9 billion in equity in the United States, but the cumulative dividends reached US$11.9 billion. The generous dividends to Americans are far greater than those to Chinese people." In fact,
This is a most idiotic rumor.
PetroChina has been listed twice in history, once in Hong Kong on April 7, 2006, and again on the Eastern Stock Exchange on November 5, 2007. It has never been listed in any other place.
However, there are indeed Sinopec stocks for sale on the New York Stock Exchange market in the United States. What is the reason for this?
The reason is very simple. If you look at the PetroChina stock on the New York Stock Exchange, it says "New York Stock Exchange ADS Code PTR" instead of "New York Stock Exchange ADS Code" like ordinary companies.
The code is "xxx", and the meaning of this ADS refers to American trust shares.
We can explain the so-called trust shares with the example of Huaguo Petroleum: that is, Huaguo Petroleum takes its own stocks issued in Hong Kong and puts them in an investment bank in the United States, and then the investment bank in the United States deposits them.
The stock is made into a product, divided into tens of thousands of shares, and sold on the market.
The person who sells this financial product also owns the Hong Kong stock rights of Huaguo Petroleum represented by this trust product. We usually call this financial product trust shares.
To put it bluntly, this New York Stock Exchange stock is just taking out the Hong Kong PetroChina stock and selling it again. All the equity based on it comes from the Hong Kong PetroChina stock. Where can it be listed?
Therefore, the claim that PetroChina raised US$2.9 billion in shares in the United States is a complete fart. There is no IPO yet. Can you teach me how to raise US$2.9 billion in shares?
Besides, PetroChina itself holds 86.29% of the shares, and the rest are circulating in the market. We plan to have Hong Kong stocks not bought by Hong Kong people, and all 13.71% of the circulating shares have been taken away by Americans. So according to
Calculating the dividends of 2.9 billion and 11.9 billion, the shares held by PetroChina should receive dividends of US$86.8 billion. Does PetroChina have that much money?
If PetroChina only gives money to Americans and does not pay dividends to its own company, then do you think the U.S. securities regulatory authorities will be idiots and they will take care of the extra money that other companies send to shareholders?
That’s right!
The securities regulatory authorities in the United States are so boring. It is also a crime for you to pay dividends indiscriminately. They will definitely punish you, and they will be severely punished!
What's more, this stock is listed in Hong Kong. According to the urinary behavior of Hong Kong stockholders, if you dare to pay so many dividends to the Americans, if you don't pay them, just wait for things to get serious!
Therefore, no matter where you look at it, this rumor spread by some unscrupulous people outside is completely untenable. However, it is really untenable that there are so many indignant people constantly forwarding such unverified news.
This makes PetroChina, which already has a bad reputation, become even more stinky.
However, PetroChina should also be scolded, because PetroChina not only deceived Hong Kong stockholders, but also mainland investors were so deceived that they could not even cry. As for the reason, because the water in the stock market was too deep, Xiao Qi had no way to extend his hand.
So I could only smile bitterly.
But oil is related to the country's energy security, so Xiao Qi can only give them a hand.
However, no matter how much Cao Zhichong believed in Xiao Qi and followed Xiao Qi's footsteps, he did not dare to take out PetroChina's Class B shares and let Xiao Qi gamble with the Americans.
Not only because the stock is actually controlled by the State-owned Assets Supervision and Administration Commission, Cao Zhichong himself has no way to use it. Even if Cao Zhichong has this power, he would not dare to sell the equity of an oil company that is responsible for more than two-fifths of the country's energy needs.
, take it out and use it, it is definitely not an economic crime, it has been involved at a higher level.
Cao Zhichong's rejection was already expected by Xiao Qi, and he was not disappointed, because even Niu Ruzheng would not dare to bet with PetroChina's lifeblood, even if Xiao Qi guaranteed it.
But he still felt a little regretful. If he could really bet on the PetroChina Class B shares that the Yankees dreamed of, then old enemies like Goldman Sachs, Merrill Lynch, and Citigroup would ignore their past grudges and come back to send money in a hurry.
.
Without these sweet chips that could seduce the investment banking giants, the temptation of money alone was not enough to dispel their fear of Xiao Qi's gambling ability.
Annoying!
It’s hard to find someone to take advantage of in this world. Now that they have become smarter, how can they continue to flirt with imperialism on oil in the future?
PS: Our company, around 2008, lost too much on oil bets, including many non-oil-related companies, who all went bets, and then...then lost so much that they lost their pants...