"Mr. Yao, your 50,000 Hang Seng Index futures have been prepared a long time ago?" Li Jinghan asked, this is the question that everyone is most concerned about.
This amount of futures contracts cannot be prepared overnight. When the Hang Seng Index falls, everyone will be bearish. If only it were so easy to make money in the futures market, it would be simple.
To obtain huge profits, you must open a position in advance, make accurate judgments, and close the position at an accurate time. Only in this way can it be achieved.
Yao Yuan didn't hide it from them. He nodded and said, "I opened the position a week ago. As of today's closing and settlement, there are probably more than 50,000 contracts."
Li Jinghan took a breath and said, "Did you expect that the Hang Seng Index would plummet a week ago?"
"This is inevitable, for the reason I just mentioned." Yao Yuan said with a smile.
Deputy Director Zhuo asked, "How much does a contract cost?"
Feng Zhijian said, "The value of a futures contract is the closing price multiplied by 50. A week ago... the Hang Seng Index was around 14,000 points at that time, and each contract was about HK$700,000. However, investors only need to pay a 20% margin.
It can be bought and sold, and one contract is about HKD 140,000.”
That’s not expensive. Deputy Director Zhuo thought to himself, it would have been better if he had followed Yao Yuan to open a bearish position. The Hang Seng Index was going to fall anyway. Yao Yuan was right. If he didn’t make the money himself, it would be lost to Soros and other international speculators.
They earn it.
Feng Zhijian looked at Yao Yuan and saw that Yao Yuan had no objection, so he continued, "Mr. Yao has more than 50,000 contracts worth about HK$7 billion. You can buy them by paying HK$1.4 billion."
Deputy Director Zhuo was stunned and gasped, "1.4 billion Hong Kong dollars..."
This is no small amount.
In the eyes of mainlanders, the Hong Kong dollar and the US dollar are almost the same. They are both foreign investments that local governments are trying to attract investment. Moreover, the Hong Kong dollar is a US dollar exchange certificate and is a linked exchange rate system with the US dollar. It is also relatively rigid internationally, not to mention other places.
As long as we are in Hong Kong, the SAR government must ensure that Hong Kong dollars can be converted into U.S. dollars at any time and that the exchange rate must be stable.
This is why as soon as Soros attacks the Hong Kong dollar exchange rate, the SAR government must respond to ensure the stability of the Hong Kong dollar exchange rate.
Once the Hong Kong dollars in your hand become worthless, it will affect the cornerstone of Hong Kong's economy, which will destroy Hong Kong's economic development achievements over the years.
The Hang Seng Index plummeted more than 1,400 points. Yao Yuan made about 3.5 billion Hong Kong dollars and invested 1.4 billion Hong Kong dollars to leverage a 7 billion Hong Kong dollar contract. The profit was two and a half times the investment.
It can be said that this is the cake Soros worked so hard to make, but Yao Yuan cut most of it away. Soros will kill him if he goes crazy.
But the risk is also huge. If the Hang Seng Index rises instead of falling, Yao Yuan's position will be liquidated even faster, and the 1.4 billion Hong Kong dollars will be gone without any other possibility.
The three leaders with the prefix "国" were silent. They were both eye-opening and shocked. The profits and losses of one in and one out were more than the annual fiscal revenue of many eastern coastal areas.
No wonder Thailand’s economy is ruined, and no wonder other countries in Southeast Asia have expressions of dying but not dead after being swept away by Soros!
Yao Yuan broke the silence and asked, "I judge that the Hang Seng Index will continue to fall. Now I still have more than 30,000 short positions in my hand. Do you want the national team to enter?"
Deputy Director Zhuo and Director Lin looked at each other, undecided.
"Soros probably still doesn't know my real purpose. He may regard me as a speculator who takes advantage of the opportunity to snatch profits. This is also one of his strategies to paralyze him. I will continue to follow him to bet on the Hang Seng Index and continue to compete with him in the futures market.
Profits will continue until the Hang Seng Index hits bottom," Yao Yuan said.
Deputy Director Zhuo and Director Lin made eye contact for a while. The former gritted his teeth and said, "Xiao Yao, please wait a moment, we need to ask for instructions from our superiors."
"Okay." Yao Yuan said confidently.
Deputy Director Zhuo and Director Lin hurried to the communications room. Li Jinghan hesitated and finally did not follow. Instead, he pondered for a moment and asked Yao Yuan, "Mr. Yao, can our Bank of China do a separate operation and follow you?"
Do it for a while."
Feng Zhijian suddenly smiled. This is right. You have to be flexible in doing things. Sticking to the rules in everything is not enough for Soros. And Mr. Yao has already given a reason - disguised as a speculator and sneaked into Soros's team to rob.
his profit.
Soros has made less profit and his side has made more profit. Wouldn't the chance of victory be greater in the decisive battle in the future?
This is an excellent opportunity in itself, so why are you still hesitant?
Yao Yuan knew that Li Jinghan was unwilling to miss this market trend. In the final analysis, it was his sharp words - it is better for us to take it than to be taken away by Soros.
He smiled and said, "Of course you can. Your Bank of China itself is one of the top securities firms in Hong Kong. You can do whatever you want. I will share information and act in unison."
To put it bluntly, he is willing to take Bank of China to make this money.
Li Jinghan was overjoyed, and her eyes signaled Feng Zhijian to do it, and the latter immediately went to work.
Taking two steps closer to Yao Yuan, Li Jinghan whispered, "Mr. Yao, I have reported your intention to invest in Bank of China. The opinions of the head office are not very unified, but it is not without hope. If things go well here, I will
It’s basically okay to think about your things.”
If you help us make a lot of money, the head office will most likely agree to your investment.
Yao Yuan's desire to invest in Bank of China was not very strong. However, Li Jinghan used this incident as a price tag, which made Yao Yuan feel very uncomfortable.
He said calmly, "We are an alliance now. It's no problem to make money with us, and it's no problem to follow our example. It's up to you to make more or less."
When Li Jinghan heard this, he felt bad. Why did he mention this matter at this time because his brain was cramped? Doesn't this give people a sense of threat?
"Mr. Yao, don't get me wrong, I mean, the head office..."
Yao Yuan waved his hand, "Don't think too much, I didn't misunderstand. But you should remind your head office leaders that Dongfeng Group has Hua Xia United Bank and Shenzhen Development Bank. We don't have to invest in other banks. Furthermore, if there is such a thing,
For strategic needs, we also have many choices. China Construction Bank, ICBC, and even Agricultural Bank of China, do you doubt the possibility of these three banks going global and becoming one of the top ten banks in the world?"
The decision now is quite timely. After Dongfeng Group wins this financial siege, it will not be Yao Yuan who asks to buy shares in Bank of China, but Bank of China will ask Yao Yuan to buy shares.
It's like PetroChina begging Buffett to buy shares.
"Mr. Yao, Mr. Yao, please believe that I have absolutely no intention of doing this, and I promise that I at the head office firmly support the introduction of Dongfeng-type enterprises as the private shareholding entities after the restructuring." Li Jinghan quickly explained,
If no explanation is given, the good relationship and basic trust that has been established with great difficulty will be ruined.
Li Jinghan smiled hard and said, "Mr. Yao, I really didn't mean that just now. What I meant is that our Hong Kong branch has made a profit, and this is thanks to the help of you, Mr. Yao, and the Chunfeng Department. The head office introduced
The reasons for private capital are more sufficient, and there is absolutely no other meaning."
"Okay, President Li, I'm not so petty." Yao Yuan waved his hand and dismissed the topic, "You guys can advance and retreat together, but I have to remind you that there are risks in entering the market and you need to be cautious when investing."
Li Jinghan reluctantly breathed a sigh of relief, "I understand, I understand completely."
Yao Yuan walked behind the Dongfeng Team traders, and Gao Jian quickly came over and stood beside him.
To be honest, although Gao Jian has a good level, he is not a person with a professional background and rich industry experience like Pan Jie. Before becoming the president of Hua Xia United Bank, Gao Jian was only the deputy banker of a prefecture-level city branch under the Agricultural Bank of China.
He is quite studious and has sufficient leadership skills. The most important thing is that he is loyal to Yao Yuan and has won Yao Yuan's trust, which is why he became the head of Hua Xia United Bank.
You must know that the controlling shareholder of Shenzhen Development Bank is Hua Xia United Bank. Previously, Pan Jie was promoted from the president of East China Branch to the vice president of Hua Xia United Bank, and then was sent to become the president of Shenzhen Development Bank.
Hua Xia United Bank is very important as it is the holding company of Dongfeng Group's banking business.
However, even if Pan Jie stays in Hong Kong, Yao Yuan will not leave all the commands to Pan Jie, because apart from him, no one else can accurately grasp the timing and timing of every action.
Today is the last trading day of the week, and everyone in the Hong Kong futures market is furious. Many companies have already raised the white flag to surrender, and short sellers are making great progress. Ten minutes before the market closes, the number of open short positions has climbed to 100,000 contracts.
.
Yao Yuan looked at the information in his hand, combined with the market situation, and began to think deeply.
He already had 50,000 contracts in his hands, plus the more than 30,000 short position contracts he opened for the second time, there are more than 80,000 contracts in his hands. So the short position contracts in Soros's hands should be no less than five.
Thousands of contracts, the rest are follow-up orders from international speculators, plus those held by some funds in Hong Kong that really only care about profit, and subtracting the settled contracts, the remaining contracts are almost 100,000. This statistic
The error is not big.
"The heat is not enough." Yao Yuan shook his head slightly and said.
Gao Jian is not as good as Pan Jie in business, but he is much better than Pan Jie in guessing people's hearts.
He immediately understood what Yao Yuan meant and said, "Soros is cunning and a very patient person, otherwise he would not have waited until now, until the Taiwan authorities gave up the New Taiwan Dollar, to start a large-scale attack on Hong Kong. We must make him completely believe us
I am also a speculator. I am completely confident that I can enter all my funds without reservation, but I am afraid I have to put in a little more effort.”
The problem now is that Soros did not attack with all his strength. If he rushed up to attack at this time, he would probably scare Soros, the old fox, back.
That's right, what Yao Yuan is implementing is the first step - luring the enemy deeper.
Yao Yuan asked, "Lao Gao, what do you think we should do?"
Gao Jian pondered.
Not long after, he slowly raised his head, looked at Yao Yuan, and said in a deep voice, "Mr. Yao, let's just stop doing this and attack the Hong Kong dollar exchange rate. We have fund institutions in Europe, and Director He also controls them in the United States.
A group of institutions sent out these forces to follow Soros in attacking the Hong Kong dollar exchange rate."
People like Pan Jie and Feng Zhijian, who have been leaders in enterprises and institutions, are much more ruthless than highly educated professional managers like Pan Jie and Feng Zhijian.
It's not good for Gao Jian to play business. If he plays with his own mind, the others together won't be enough for him.
Yao Yuan couldn't help laughing when he heard this and said, "Lao Gao, if you are so cruel, you will beat yourself up."
"There's nothing we can do about it..."
Indeed, to make Soros believe that Yao Yuan's accounts are his own, don't shoot him. Based on his ability to sell 50,000 Hang Seng Index futures contracts in one move, I'm afraid he can't just be short on the Hang Seng Index.
It is not impossible to actively attack the Hong Kong dollar exchange rate. The short-term pain is worse than the long-term pain.
Knowing that floods would break out in the Sanjiang Basin in August next year, Yao Yuan was really unwilling to drag this war to next year. It would be best if it could be resolved this year.
To realize the plan, you cannot follow Soros's rhythm, but you must actively seize the initiative and create your own rhythm, dragging Soros to follow your own rhythm.
However, attacking the Hong Kong dollar exchange rate requires a background that can convince Soros, which requires a person who is in line with their values to stand on the stage.
Who should this person be?
Yao Yuan had already made the search. He made up his mind and said calmly, "Lao Gao, go talk to Li Bancheng."
It was time to start Plan B. Gao Jian nodded heavily and left quickly.