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Chapter 180 The first to depreciate
Now the leverage multiplier used by Lei Hao has reached 100 times. Each point represents 580,000 RMB. If there is news that the RMB will appreciate rapidly, 10 points will be 5.8 million. If there is 100 points, it will be 1.16 million. , directly tens of millions.
Zhao Lichen's sleepiness completely disappeared and his heart was beating violently, but his faith was still there. He believed in Lei Hao and believed that the central bank would not let the RMB appreciate.
An old gambler like Leo was also a little nervous. He was convinced by Lei Hao's gambling nature. He could do this with tens of thousands of dollars, but he dared to pull out a hundred times the leverage with tens of millions of dollars. This was risking his life.
8:30 came quietly, and as the time got closer and closer to 9:15, the RMB exchange rate began to change more frequently, jumping up and down at a few points, swinging high and low.
6.5135.
6.5132.
6.5127……
The greater the difference between the offshore exchange rate and the onshore exchange rate, the higher the external market's expectations for RMB appreciation and the greater the pressure.
"Add more positions." Seeing that the time was getting closer to the announcement time of the middle price, Lei Hao couldn't help but give an order to Leo.
"Are you sure?" In fact, there was a plan to increase the position, but when things came to pass, Leo still tried to persuade him: "If we add more, the possibility of our position being liquidated will appear, Lei, I think..."
"I said," Lei Hao stared at Leo and said firmly: "Add more positions."
"OK, OK, you are the BOSS." Leo said sourly, but when he turned around, his face was full of excitement. High-leverage operations were his favorite.
Yu Rong swallowed his saliva and felt a little stiff all over. Remembering Qin Yu's instructions to him, he had no choice but to move closer to Lei Hao and said: "Mr. Lei, Mr. Qin has instructions from me. I must inform him of this matter. You see... …What multiple do you want to add to?”
"Currently, it's about 120,000 lots." Lei Hao smiled brightly, and Yu Rong was almost frightened.
120,000 lots, that is a leverage of more than 200 times. One point is 1.2 million yuan, ten points is 12 million, and one hundred points is 120 million. How much capital does Lei Hao have? 380 million.
Yu Rong staggered a little, looking at Lei Hao as if he were a madman. He walked out of the trading room with a wry smile, found his cell phone, and called Qin Yu.
In the Shanghai Stock Exchange, after receiving a call from Yu Rong, Qin Yu was going crazy. He knew Lei Hao's plan, but he never thought that Lei Hao would really dare to implement it. The prerequisite for the implementation of the agreed plan is that the prospect of RMB devaluation is clear? Thunder Tiger, you liar!
"More than two hundred times, Mr. Yu, did you say it wrong or did I hear it wrong? Is Lei Hao crazy? Damn it, if there is a huge loss, how will the Banking Regulatory Commission ask me to deal with it?" Qin Yu pulled off his tie. , the whole person seemed a little manic.
Lei Hao's ups and downs are very refreshing. The trust has to fight with the China Banking Regulatory Commission and pretend to be a grandson to let the funds flow into Hong Kong. If there is a huge loss, Qingyu's side will have to pay for it, not to mention other things. Accountants and lawyers will have to pay. A lot of money.
"What on earth did he say?" Qin Yu finished his anger, sat on the office chair, took a long puff of cigarette, and felt his heart beating faster.
Yu Rong told Lei Hao's slightly rough analysis to Qin Yu, who suddenly had a splitting headache and was confused. Can you do something more technical? Wouldn’t it be nice for everyone to happily engage in technical arbitrage? You have to bet on some woolly thing about the middle price of the exchange rate.
The increase in the central parity rate of the RMB exchange rate is not an economic event, it is already a political event. Foreigners are eagerly waiting for you to appreciate all day long. Good guy, if you do this, do you still want to lose face? Does your credibility still exist?
"Mr. Qin, what do you say?" Yu Rong felt that he was wronged. He also wanted to do some technical arbitrage work, but Lei Hu wanted to eat meat. As a subordinate, you couldn't farm.
How to say? Qin Yu took another long puff of cigarette. What the hell could he say? The Shenzhen-based Sunshine Private Equity Fund had given Lei Hao the greatest rights and even helped him open up a way to enter the foreign exchange market. What else could he do now? manage? Just watch.
"Tell Mr. Lei that I believe him! I have always believed in him!" Qin Yu gritted his teeth and said, since he couldn't object, he would just sell his favors.
Even if the central parity rate of the RMB exchange rate does not increase, the market still feels that it can rise or fall.
As a manager, Qin Yu endured this tone and forcefully released his kindness to Lei Hao, but he felt extremely aggrieved.
When Yu Rong conveyed Qin Yu's attitude, Leo almost couldn't help laughing next to him, and Lei Hao was also a little embarrassed. He entered the foreign exchange market through a trick.
If Lei Hao had told Qin Yu all his plans in advance, he could be very sure that the other party would kill him and not let him enter the market.
Therefore, Lei Hao did not say how much leverage he was going to use. In the early stage, he acted like an obedient person. He used dozens of times the leverage, which was very reliable. He was like an experienced player.
When 9:15 a.m. approached on Friday, June 3, the old driver started racing. Only then did the others realize that they had boarded the boat and it was difficult to get off.
"How many orders are there?" Lei Hao turned around and asked Leo.
"It's coming, it's coming. You have to know that the US dollar to RMB orders are also limited. I'm urging the brokers and they are working hard." Leo made an OK gesture and said: "9:15 There must have been no problems before.”
"What if we add more positions?" Lei Hao said harmlessly, and Leo and Yu Rong almost spat out a mouthful of blood.
It’s more than 200 times, why do you still want to add more? The maximum multiple given by the platform is 400 times. Do you dare to finish adding it?
"Leo, I'll give you a chance. Don't let me blow up my position, but you have to do your best to place orders. Can you do it?" Lei Hao took out his cigarette and asked Leo.
"Lei," Leo smiled bitterly, took the cigarette, gave a thumbs up and said, "You are better than me in this aspect."
Yes, in terms of capital operation style, Leo has been defeated. The financial circle has not seen such a ferocious species like Lei Hao for a long time.
With tens of thousands, hundreds of thousands or even millions of dollars, it is not surprising that there are fierce people on the verge of liquidation. If it is tens of millions, it is quite rare.
Regarding the RMB foreign exchange market, the trading volume in an ordinary day is about 300 billion U.S. dollars. Lei Hao wants to rush from 100 times to 400 times in a short time, which is more than 10 billion. How can it be so simple?
In the end, Lei Hao used the U.S. dollar as an intermediary and used cross trading to bet on the depreciation of the RMB. This only made the ECN platform smile crookedly. An extra degree would only mean an extra handling fee.
The U.S. dollar, Australian dollar, Japanese yen, euro, pound... As long as the RMB depreciates, their exchange rates against the RMB will rise.
After finishing all this, 9:15 arrived, and the central government’s little brother, the Foreign Exchange Trading Center, came out and shouted: “Today’s USD/RMB exchange rate is 6.3866…”
The whole world was frightened.
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