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Chapter 266: Triple Leverage

After the New Year, Qin Hao returned to Yangcheng again. The company in Xiangjiang had received the first batch of payment. Qin Hao, Li Yuanchao, and Wang Shi completed the procedures and set off for Xiangjiang.

"My local migrant workers

Walking through the streets to buy money will damage the intestines and stomach

Find something less than enough to drive by the end of the month..."

In the taxi, Li Yuanchao frowned in confusion: "Why is this song played everywhere? I can't understand a word of what it is singing."

Qin Hao pointed to the billboard on the street: "That's what he sang. The song is called Banjinbaliang. It was the theme song of a movie last year."

"How did you know?" Li Yuanchao asked in surprise.

Qin Hao spread his hands: "Only when you know yourself and your enemy can you win every battle. If you can't control the direction of the wind, how can you make money?"

"The big guy thinks about getting something for nothing all day long, and sooner or later he rushes to the street!" The taxi driver glanced at the rearview mirror and cursed in a low voice in Cantonese.

Wang Shi had stayed in Yangcheng for a long time and could understand Cantonese. His expression changed when he heard this. He was about to refute when Qin Hao patted him on the shoulder and stopped him.

When he arrived at the hotel and got off the bus, Wang Shi looked at the taxi's taillights angrily: "Brother Hao, a taxi driver from Xiangjiang actually looks down on us..."

Qin Hao said in a calm tone: "You can earn 3,000 Hong Kong dollars a month by driving a rental car in Xiangjiang. How much is your monthly salary in the Mainland? No more than 70, right?"

"This is Xiangjiang, a society that laughs at the poor but not at prostitutes. It is pointless to argue with him and will only waste our time."

Li Yuanchao looked at the high-rise buildings around him and sighed with emotion: "Yes, this time I came to Xiangjiang, I saw the world."

"Okay, let's check in first and put down the luggage later. Let's go get some high-end suits first. Here, you should respect your clothes first and then others. You can't dress too shabbily." Qin Hao said and led the two of them there.

Hotel reception.

When the front desk of the hotel saw that Qin Hao and the others were using mainland ID cards, they couldn't help but show disgust on their faces. Wang Shi was young after all, so he couldn't help but yell at her a few words.

As a result, the front desk of the hotel actually choked and said: "Big Quanzi, what are you yelling at? If you want to stay, stay here. If you don't want to stay, get out!"

This made Wang Shi very angry. Just as he was about to argue with the other party, Qin Hao shouted directly in Cantonese: "Call your manager!"

The hotel front desk glanced at Qin Hao disdainfully: "You can speak Cantonese and you are a big kid. What's the big deal? Our manager is not here!"

Qin Hao looked at the lady at the front desk coldly, then directly lifted a pot of green plants next to the front desk and smashed it to the ground. In an instant, the pottery shattered and soil splashed all over the floor.

The front desk lady was so frightened that she screamed and shouted angrily: "Security, someone is causing trouble!"

The noise at the front desk immediately attracted the attention of many people in the lobby, including some Western faces. The two security guards at the door ran over with batons.

Li Yuanchao and Wang Shi took off their coats when they saw this posture. They had suffered a lot of injustices along the way, so they just had a fight to vent their anger.

At this moment, a middle-aged man in a suit came to the front desk.

"What's going on?" The middle-aged man glared at the front desk lady.

The front desk lady shrank her neck, then pointed at Qin Hao and the others and said, "Manager, it was the three big guys who deliberately caused trouble and even smashed the flowerpot."

Wang Shi was furious and was about to retort when Qin Hao stopped him, then walked up to the manager and asked in English.

"Are you the manager here?"

The manager looked at Qin Hao in surprise, and the anger on his face instantly turned into a smile: "Sir, I'm sorry, I'm wondering if there is any misunderstanding here..."

Qin Hao glanced at the front desk lady with a sneer, turned around and continued to speak to the manager in English: "Misunderstanding? All I saw was arrogance and rudeness. I think all the foreign friends present also saw the behavior of your employee just now.

Here, why don't we come to them to comment and see if there is a misunderstanding?"

"No, no, don't do it." The manager shook his head repeatedly, and then said to the front desk lady with a straight face: "Why don't you apologize to these three gentlemen!"

The lady at the front desk was stunned. However, before she could subconsciously apologize, Qin Hao said directly to the manager.

"There is no need for a false apology. We may stay in your hotel for a while. Please let her disappear, okay?"

The manager looked a little ugly, but after glancing at the foreigners around him, he could only grit his teeth and say to the front desk lady: "You don't have to come to work tomorrow, go to the finance department to pay your salary."

The front desk lady grabbed the manager's sleeve and said, "Manager, you can't do this to me. Back then..."

Manager Tong Kong Zhenzhen slapped the front desk lady in the face and said angrily: "Shut up! If you dare to talk nonsense again, see how I deal with you. Get out of here!"

"What are you still doing? Why don't you kick her out quickly?"

The two Asans immediately took the frightened front desk lady out.

The manager rubbed his hands, forced a smile and said to Qin Hao: "Sir, are you satisfied with this handling?"

"Well, please check in for us." Qin Hao smiled and nodded.

The manager glared at the other front desk lady: "Why are you just standing there? Why don't you check in these three gentlemen quickly?"

"Oh, yes, manager."

After getting on the elevator and arriving at the hotel room, Wang Shi asked curiously: "Brother Hao, what did you say to the manager in English just now? Why did his attitude change so suddenly?"

Li Yuanchao knew English, so he translated the conversation between Qin Hao and the manager just now.

Wang Shi was a little confused: "You just want foreigners to judge?"

Qin Hao explained: "Ordinary citizens cannot afford to stay in a hotel of this level. Their core customers are these foreigners. If they leave an arrogant impression on these foreigners, their business may be greatly affected.

Naturally, the manager doesn’t dare to gamble.”

"So that's it." Wang Shi suddenly realized that following him out this time was the right choice.

The three of them went back to their rooms to put away their luggage, and then went to a shopping mall in Central to buy several sets of high-end suits and leather shoes. As the saying goes, a person's clothes are like a horse's saddle, and the temperament of the three of them has also changed significantly.

"These clothes are good, but they are a bit too expensive. A set costs several hundred yuan, which is equivalent to my salary for a year." Wang Shi smacked his lips. Although he usually doesn't value money, he really spent a few hundred yuan to buy a set of clothes.

, still feel a little distressed.

Qin Hao smiled and said: "Don't feel bad, these are work clothes, I will pay for them."

"Then why are you so embarrassed?"

"Stop, you're hypocritical."

"Haha~~~"

After putting on their "shirts", Qin Hao and the other three first went to Standard Chartered Bank. Li Yuanchao had previously found someone to register a company in Xiangjiang, and his corporate account was an account opened at Standard Chartered Bank. Now he wanted to transfer the money in his corporate account.

Enter Qin Hao's private account.

Maybe it was because Qin Hao and the other two had changed into new outfits, or maybe it was because Qin Hao spoke fluent American English, and the bank handled the procedures very quickly. In a short time, 800,000 Hong Kong dollars were transferred to Qin Hao's newly opened personal account.

"Mr. Qin, I would like to ask, do you plan to invest this money in financial management? We at Standard Chartered Bank also have this business." The account manager followed Qin Hao with a hint of flattery. As for Wang Shi and Li Yuanchao, he regarded them as...

He is Qin Hao's follower.

Qin Hao waved his hand: "Forget it about investment and financial management, but if your bank has securities business, I would be interested in playing it."

"Mr. Qin, are you planning to trade stocks or futures?" The account manager's eyes lit up. For a small person like him, 800,000 customers are considered big customers.

"Stock trading."

"No problem, I can help you apply for the lowest processing fee, 1.5 per thousand, what do you think?"

Qin Hao stood up to leave: "I can get this rate at any bank, why should I do it for you?"

"1.3 parts per thousand, this is the lowest, Mr. Qin." The account manager gritted his teeth.

"Triple leverage, is that okay?"

"Three...No, no problem, but once the position is liquidated..."

"Liquidation is also my problem. Just do whatever your bank does."

Wang Shi and Li Yuanchao were still ignorant about the financial market and did not understand the meaning of the financial terms Qin Hao talked with the bank's account manager. However, they were embarrassed to ask Qin Hao in front of others to avoid being criticized.

Think of it as a local leopard. After all, we have learned from the mistakes twice before.

It wasn't until he returned to the hotel room that Wang couldn't help but ask: "Brother Hao, what do you mean by capital allocation just now?"

Qin Hao did not hide his secrets, and explained: "Capital allocation is a term in the financial industry. To put it simply, the original price of a stock is 10 yuan, but when we sign a capital allocation agreement with the bank, we don't need to get it."

If we buy this stock for 10 yuan, as long as our margin is enough to cover the losses caused by the rise and fall of the stock, we can play until the capital allocation agreement expires and then settle and close the position."

"Is this still possible? What about triple leverage?" Li Yuanchao asked impatiently, as if he had opened up a new world.

Qin Hao took a sip of water and continued to explain: "Triple leverage means that gains and losses are calculated three times. After three times leverage is activated, the margin is three times the normal capital allocation."

"That means the risk is three times greater?" Li Yuanchao was both excited and frightened when he heard this.

Qin Hao nodded: "The financial market is like this. Once the situation changes, you may still be a billionaire today, but you may become a pauper tomorrow. During the stock market crash a few years ago, there were many people who jumped off the building."

"Then wouldn't it be very risky for us to use triple leverage?" Wang Shi's hands were already shaking. That was 800,000. Once they lost money in the stock market, the three of them might not be able to return to the mainland.

"There is no way, we don't have enough capital now, and the time is tight, so we can only take a risk."

"Brother Hao, I don't understand finance. Just do whatever you say." Wang Shi said seriously.

Li Yuanchao sighed: "Now that the matter has come to this, I can only follow you until the end."

Qin Hao saw that both Wang Shi and Li Yuanchao looked lost, and he couldn't help but smile and comfort him: "Don't worry, it's been four years since the last Hong Kong stock market crash. According to the historical cycle, the Hong Kong stock market has also risen this year.

"

Wang Shi and Li Yuanchao could only pray silently in their hearts that they would have better luck this time.

Of course, Qin Hao will not pin his fate on luck. The reason why he is so sure is that he has worked hard on the financial market in the main world. He knew nothing about finance at the beginning, in order to understand the financial market more systematically.

, he once memorized the chronicles of the stock markets in various countries with the help of Alpha Dog's super memory.

As Qin Hao said before, 1978 was the year when the Hong Kong stock market went from underestimation to recovery. It was not difficult for Qin Hao to select a few representative stocks.

Three days later, Qin Hao signed a capital allocation agreement with Standard Chartered Bank. Then, under the surprised eyes of the account manager, Qin Hao used triple leverage to buy 80,000 shares of the city hotel contract.

"Mr. Qin, is it too risky for you to do this? The current stock price of City Hotel is 23 yuan per share. The shares you purchased have exceeded your 800,000 principal, and the current performance of City Hotel is not

Not outstanding..."

Hearing what the account manager said, Wang Shi and Li Yuanchao also became nervous. In the past three days, Qin Hao took them to the Hong Kong Stock Exchange and saw the charm and terror of the financial market.

When they were in the mainland, they thought that a thousand yuan was a lot of money. But when they arrived at the Hong Kong Stock Exchange, they found that those old men and women who were usually inconspicuous were making more than that amount of money every minute.

, which made the two of them frightened.

Qin Hao ignored the account manager's dissuasion at all, because he was convinced that City Hotel would definitely rise, and he was not too aggressive and directly leveraged three times. According to the current stock price of City Hotel, the total amount of 80,000 shares was only

1.84 million, and it would have to fall by more than 40% before he would risk liquidating his position.

When the account manager saw that Qin Hao refused to listen to the dissuasion, he could only sigh: Damn it, it's hard to persuade him with good words. In his opinion, Qin Hao's behavior is just like that of a fool who has never touched stocks. Don't look at how calm he is now.

, when the stock actually falls, Qin Hao will be as confused as a gambler who has lost his sight.

Qin Hao did not explain this. Even when Wang Shi and Li Yuanchao asked, he just ignored it. Did he tell them that he had traveled through time?

In the next half month, Wang Shi and Li Yuanchao spent almost every day in fear, fearing that when they woke up and the stock price fell, the 800,000 yuan would be wasted.

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During this half month, Wang Shi and Li Yuanchao were more active than Qin Hao. They took Qin Hao to the exchange every day after breakfast, and then stayed there for the whole day.

Qin Hao, on the other hand, had a calm and carefree look. While Wang Shi and Li Yuanchao admired him, they also wondered whether Qin Hao was pretending to be calm on the surface, but was actually panicking inside.

The main reason why Wang Shi and Li Yuanchao were so nervous was that the stock performance of City Hotel was not very good. It had been floating around 23 yuan. It was either rising a little today or falling a little tomorrow. There was no sign of a sharp rise.

As of May 10th, the share price of City Hotel has fallen to 22.5 yuan. If he closes his position at this price, Qin Hao will lose 40,000 Hong Kong dollars, not counting the taxes and fees incurred by the transaction.

Until May 15th, Qin Hao, uncharacteristically, got up very early. After breakfast, he took Wang Shi and Li Yuanchao to the Hong Kong Stock Exchange.

The market opened at 10:00 a.m., and investors rushed in. Soon, there was a burst of exclamation from the Hong Kong Stock Exchange.


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