God of Rebirth Trader

"How can the company still have money to bail out the market?"

"We have already lost six to seven billion in the previous bailouts."

"Will the company survive if this continues?"

"Rescueing the market can be left to the Hong Kong government. What are we doing with a small private equity firm?"

"Yeah...I'm on tenterhooks every day..."

.....

The meeting room was in chaos for various reasons. To sum up, we are firmly opposed to Chen Weidong messing around again!

Now that the economic situation outside is so bad, almost everyone thinks that we should be conservative and cash is king. Don't be restless with a little money. If this continues, the company will be finished sooner or later.

"Who said the company has no money?!"

Chen Weidong put on a straight face and scolded a little angrily.

Everyone in the conference room looked at each other with big eyes and small eyes.

Chen Weidong took two steps forward, sat down again, and then said slowly: "The funds we used this time are unprecedented. I hope you people can show me some real skills."

"Mr. Chen, how much money does the company still have?" Lin Hai from the risk control department said cautiously.

You have to have money to bail out the market, otherwise it's just empty talk.

"Not much, just over 100 billion." Chen Weidong said lightly.

"Oh, it's only over 100 billion..."

"What?!"

"More than 100 billion?!"

"Mr. Chen, are you kidding me?" Feng Yiwen opened his eyes wide and said with some horror.

Do you think you are Lin Jiacheng?

It’s still 100 billion...it’s great if the company can come up with 10 billion now!

Since the asset allocation of each department of the company is separate, Feng Yiwen, as the company's trading director, does not know exactly how much money the company has.

He once guessed that the company should have made a lot of money last year, but he never dared to imagine that it would be so much!

"No, no, Lin Jiacheng can't afford 100 billion in cash!" Lin Hai immediately retorted.

A businessman says he has assets of 100 million, but he may not even be able to come up with 5 million in cash. This is a normal and common thing.

Although Lin Jiacheng is the richest man in Hong Kong, most of his assets are real estate, and he will definitely not be able to come up with 100 billion in cash.

It is impossible for Huanghe Group to have that much cash flow, unless it sells some fixed assets, which is possible.

"I said yes, yes. If you don't believe me, you can ask Director Li." Chen Weidong tapped the table lightly and said.

Li Xi'er smiled knowingly and said: "Everyone, I am in charge of the finances. There are indeed more than 100 billion. This money was earned from sniping various currencies during the financial turmoil in Southeast Asia."

"Hiss~~~~"

"You really have so much money?!"

"No wonder the general manager is so arrogant, it makes sense..."

Everyone in the conference room was so shocked that the real rich man was right next to us?!

Too careless!

"Mr. Chen, the biggest short seller...could it be you?" Lin Hai asked weakly with a strange look on his face.

Huh~

As soon as these words came out.

The conference room suddenly became quiet, and even the breathing rate of some people could be heard clearly.

Everyone looked at Chen Weidong with faint eyes. Their expressions were complicated, including shock, joy, disappointment, and dullness...

"Ahem, you are overthinking. I just predicted the targets that Soros wanted to short, and used leverage to short with them." Chen Weidong was stared at by so many people with weird eyes, and he suddenly explained in embarrassment.

road.

Oh~

So that’s it~

Everyone nodded as if they suddenly understood, not sure whether they really understood or pretended to understand.

Next, they all reached a tacit understanding and did not discuss this topic again.

With the RMB 100 billion guaranteed, the atmosphere in the conference room was obviously much more relaxed. Everyone was talking and laughing, and they were no longer so resistant to the bailout.

The bosses are willing to use all their wealth to make a big gamble, so what reason do these "paupers" have to back down?

Moreover, Chen Weidong also explained to them that this was the company's last bailout, and I'm afraid there won't be another one in the future.

A truly well-developed market does not need to be rescued.

Unless, it's on fire.

....

"Since everyone has no objections, let's implement the plan I mentioned." Seeing that the discussion was almost over, Chen Weidong immediately announced the adjournment of the meeting.

"Awei, what should I do?" Chen Jie saw that everyone was busy, and he always felt uncomfortable if he didn't do something.

"Do what you like." Chen Weidong smiled and patted him on the shoulder.

Then, he turned around and walked quickly to the office.

Li Xier hurriedly followed.

Now she is a little follower, and Chen Weidong requires her to be inseparable.

The reason is also very reasonable. He wants to convey something and needs someone to do errands.

"What do you like?"

Chen Jie was a little confused, looked around, and inadvertently glanced at the crowd outside the French window.

Suddenly his eyes lit up.

.....

We must believe that every time people launch a new financial instrument, their starting point is good.

Just like the stock market, it was born to provide companies with a financing channel.

What a company returns to its shareholders is dividends.

Another example is the launch of futures, which is to protect the continuous supply of agricultural and mineral products, improve contract fulfillment rates, and meet the needs of life and production.

When stock index futures were launched, it was also full of goodwill.

Its emergence is to curb speculative investment by shareholders, balance the violent market turmoil, and protect the legitimate rights and interests of ordinary shareholders.

Its basic principle is to take the average price of the dozens or even hundreds of stocks that are the most representative and have the highest weight ratio in the stock market as a stock market indicator.

Buyers make investments in the futures market in accordance with the agreement, and the contracts are based on the stock index of the day.

Every 1-point index fluctuation will be multiplied by a multiple amount as the amount of gain or loss.

Futures adopts a margin trading system. You only need to pay a certain percentage of margin before trading. You do not need to buy the full amount like stocks.

The margin system greatly improves the utilization rate of funds.

Therefore, investors can use reverse purchase of futures contracts to maintain value when the stock market falls.

When investors buy and sell Hang Seng Index futures, they are buying and selling the rise and fall of the Hang Seng Index in a future period.

The price of each Hang Seng Index futures contract is the Hang Seng Index on that day, multiplied by 50 Hong Kong dollars.

For example, the current Hang Seng Index is 6666 points, then the price of a futures contract is: 6666x50=yuan.

Due to the futures margin system, you do not need to pay the full amount to purchase this contract, you only need to pay a certain margin in proportion.

The current margin ratio for Hang Seng Index futures is about 7%.

That is 7% of the Hong Kong dollar.

For Hong Kong dollars, you can buy an index futures contract.

Every time the Hang Seng Index falls by one point, the buyer of the futures contract loses HK$50 per contract, and the seller earns HK$50 per contract.

According to this calculation, if Soros sells a Hang Seng Index futures expiring on August 28 when he is at the Hang Seng Index point.

Then he tried his best to bring the Hang Seng Index down to 6,000 points. Soros then bought the contract to close the position, making a profit of 200,000 yuan.

If he holds 10,000 contracts, the return is 2 billion yuan.

With such high returns, Western hot money naturally made every effort to suppress the Hong Kong stock market at all costs.