At this time, not only Shen Biwan refused, but Bao Yugang was also reluctant to cooperate.
Bao Yugang was silent for a moment, raised his head, and looked directly at Cao Kun: "Ah Kun, I feel your sincerity."
But all my money is now used to acquire shares in Wharf, and the competition with Jardine Matheson is at a critical juncture, and I really don't have the extra funds to get involved in oil futures!".
Cao Kun smiled slightly, he had already prepared: "Mr. Bao, I understand your situation.
But I would like to remind you that the oil futures speculation may bring you unexpectedly good returns, which may be a strong support ...... for you to buy Wharf shares."
Bao Yugang was suddenly a little moved: "Ah Kun, tell me ...... in detail
."
Cao Kun continued: "The global oil market is currently undergoing unprecedented changes.
The Middle East war in 1973 and the unrest in Iran this year caused the international crude oil market to fluctuate dramatically.
In order to protect its own interests, the United States does not hesitate to provoke conflicts in the Middle East, and even directly participates in the war, with the aim of ensuring the ...... of the global settlement system of petrodollars
OPEC countries have also taken advantage of their own production capacity and began to consciously compete with the United States for oil pricing power.
This kind of competition makes the price of oil no longer only determined by supply and demand, but mixed with more political factors!".
Shen Bi, chairman of the board of directors of HSBC, nodded and took over the conversation: "What Kun Shao said is that in this context, in order to weaken OPEC's control over oil prices, European and American countries have begun to gradually liberalize the price control of crude oil and refined oil, and the crude oil and refined oil futures market came into being!"
Cao Kun took over the topic: "Yes, the emergence of the crude oil futures market marks the gradual financialization of oil pricing.
Following the launch of heating oil futures and gasoline futures, crude oil futures are believed to be officially born in New York or London in the future, which will symbolize the globalization of oil pricing power.
In the future, the price of oil is closely linked to the US dollar and risk assets, and we will enter a new ......era of oil finance
This time the crisis in the Middle East is certain, and the rise in oil prices is also certain, and we can expect oil prices to rise by 300% in the future, and we can at least get more than three times the ...... of returns
If you add 10x leverage, that's 30x gain, what can you do to have such a huge return?".
Bao Yugang and Shen Bi were all moved, and their faces were ready to move.
Bao Yugang looked at Cao Kun with admiration and said, "Ah Kun, your analysis is really an eye-opener for me.
It seems that the future investment and operation in this area will depend on you!".
Cao Kun shook his head modestly: "Shibo has won the award, I just stood on the shoulders of giants and saw farther away.
There is still a long way to go, and we need to work together!".
Shen Bi interjected at this time: "Mr. Cao, although we at HSBC cannot directly get involved in speculation, we can provide financial support.
If you are confident in your own judgment, we can lend you HK$500 million!".
Cao Kun's eyes lit up, and he looked at Shen Bi gratefully: "Mr. Shen Bi, your support means a lot to me.
With this funding, I am confident that I will be able to win big in the oil futures market!".
Bao Yugang finally decided to use Wharf shares as a pledge to borrow 500 million Hong Kong dollars from HSBC and hand it over to Cao Kun, so that Cao Kun could help him speculate in oil futures, and the income would be divided into 55 shares.
......
Next, Cao Kun tried to persuade the gambling king to take out 1 billion Hong Kong dollars to do oil futures with him!
In the most luxurious private club on Hong Kong Island, Cao Kun sat opposite the gambling king Stanley Ho.
Cao Kun took a deep breath and began to carefully prepare the lobbying.
"Gambling king, now that the price of oil will skyrocket with the crisis in the Middle East, and the oil futures market is surging, it is a good time for us to intervene.
I have studied the market trend in depth and believe that as long as we join forces, we will definitely make a lot of money in this wave of market!".
He Hongshen frowned slightly, obviously a little skeptical of Cao Kun's words.
He said in a deep voice: "Cao Shao, the oil futures market is extremely risky, and if you are not careful, you may lose all your money.
What is the basis for your confidence?".
Cao Kun smiled slightly, took out a thick report from his arms, and handed it to Stanley He.
"King of Gamblers, this is a market analysis report carefully prepared by my professional team, which analyzes in detail the current supply and demand situation of the oil market, price trends, and possible risk factors in the future.
I believe that as long as we follow this report, the risks are completely controllable!".
Stanley Holland took the report and read it carefully.
His expression gradually changed from doubtful to solemn, and finally showed a hint of excitement.
"Cao Shao, this report is indeed very detailed, it seems that you have really worked hard.
However, I am afraid that such a large investment is difficult for me to afford alone!".
Cao Kun was prepared, smiled lightly, and said, "Gambling king, don't worry."
I have persuaded Mr. Pao Yuk-kong, the richest man on Hong Kong Island, and Mr. Shen Bi, Chairman of the Board of HSBC, to participate in this investment.
They are very optimistic about the prospects of the oil futures market and are willing to share the risk with us!".
When Stanley Holly heard this, a hint of surprise flashed in his eyes.
He didn't expect Cao Kun to be able to invite these two heavyweights to join.
He pondered for a moment, then finally made up his mind.
"Cao Shao, since you are so sure and have the support of so many bigwigs, then I am not to be outdone.
I'll take out 500 million Hong Kong dollars to do futures with you, how about we split the income fifty-fifty?"
Cao Kun was overjoyed and nodded.
"Gambling King, since you are so refreshing, then you are welcome.
We will do as you say, 500 million Hong Kong dollars, 55% of the proceeds!".
......
In another luxurious villa, Cao Kun met Mr. Huo Yingdong, whom he had always respected.
Since Cao Wenbiao and Cao Kun father and son proposed to develop and remember the Whampoa project with the Huo family, the Huo family has had a deep cooperative relationship with the Cao family, and Mr. Huo Yingdong has become a staunch supporter of Cao Kun.
When Cao Kun proposed to him a plan to invest in oil futures, Mr. Fok Yingdong did not hesitate to express his support.
"Nephew Cao Kunxian, I have always admired your vision.
Since you are optimistic about the oil futures market, then I will take out 1 billion Hong Kong dollars and do it with you.
The proceeds are still divided into 55 according to our previous agreement!".
Mr. Fok Yingdong's investment is twice that of the gambling king, and he is really full of trust and support for Cao Kun.
Cao Kun was overjoyed, and with Mr. Fok Yingdong joining, their investment plan will be more stable and reliable.
He held Mr. Fok Yingdong's hand tightly: "Mr. Huo, thank you for your trust and support!".
......
In this way, under Cao Kun's careful planning and lobbying, a huge oil futures investment plan gradually took shape.
He has more and more money in his hands, and his confidence is getting bigger and bigger.
Now Cao Kun has gathered 2.5 billion Hong Kong dollars, which is 500 million US dollars!
In addition, Bao Yugang, Gambling King, and Mr. Huo gave Cao Kun a total of 2 billion Hong Kong dollars, that is, 400 million US dollars.
That's $900 million in total!
His amount of money is almost more than Wall Street's investment amount.
At present, there is only one kind of futures in the oil futures market, and the number of contracts of this kind of futures is very small, and the market share that can be accommodated is only a few tens of billions of dollars, unlike the later oil futures that often cost trillions of dollars or even tens of trillions of dollars.
However, this is also good, there are not many people who realize such opportunities and compete with Cao Kun.
Although Cao Kun does not know much about the financial market in the United States, he knows that in this complex market, there is a kind of person who can solve most of his troubles for him - brokers.
After some investigation and selection, Cao Kun chose Chris Gardner, an oil futures broker in the Goldman Sachs Group.
Although this broker is young, he has a unique vision and a keen insight into the oil futures market.
However, due to the nascent of this market, most people are still on the sidelines, resulting in Chris Gardner's few customers and mediocre performance.
When Cao Kun approached Chris Gardner and offered to invest $900 million in oil futures, Chris Gardner couldn't believe his ears.
His eyes widened, and he looked at the Chinese young man in front of him, as if he had seen a savior.
"You...... Are you serious? $900 million?" Chris Gardner asked, stammering.
Cao Kun smiled and nodded: "That's right, 900 million US dollars, I believe in your ability, and I also believe in the potential of this market!"
Chris Gardner was so excited that he almost jumped up, he held Cao Kun's hand tightly and thanked him repeatedly.
Because his commission is 5%, no matter whether Cao Kun makes or loses money in the futures when he finally speculates, he will give him 45 million US dollars!
This made Chris Gardner, who was previously poor, into a multimillionaire!
And it's more than $45 million.
Because if Cao Kun makes a lot of money from operating oil futures, he will also give Chris Gardner and Goldman Sachs a certain commission share.
James wished that Cao Kun could make a lot of money, and he might be taken by Cao Kun to become a billionaire at that time.
This Chris Gardner is a bit like the role played by Wells in "Happiness Knocks on the Door".
Just because he used to be poor, he has now become very diligent and passionate!
For him, cooperating with Cao Kun is not only a huge commission, but also an opportunity to turn over.
As long as he follows Cao Kun, a bold investor, his future will be bright.
"Mr. Cao, don't worry, I will definitely do my best to serve you.
Every penny you make, I'll help you earn more!".
Chris Gardner said confidently.
Cao Kun nodded with satisfaction.
In the days that followed, he worked with Chris Gardner to study market trends, analyze contract details, and develop investment strategies.
Cao Kun's understanding of the market is also getting deeper and deeper.
Because Goldman Sachs Group and Chris Gardner do all the formalities, Cao Kun doesn't need to go to the futures scene to keep an eye on it, he only needs to give orders.
Originally, Cao Kun wanted to directly get a 100 times leverage!
But they were very sorry to tell Cao Kun, because oil futures are an emerging futures, the market size is very small, and now there is very little money that can be accommodated.
So at the moment only 10x leverage can be given!
Cao Kun can fully understand that 100 times leverage is more suitable for the mature oil futures market where trillions or even hundreds of thousands of dollars are tossed in it at every turn!
In a spacious and luxurious office in New York, Cao Kun stood in front of the window, staring into the distance with a burning eye.
Behind him is a huge map of the world, with the Middle East circled in red.
"Chris Gardner," Cao Kun didn't look back, but his voice was full of unquestionable determination: "Then 10 times leverage, 900 million US dollars to buy all up!"
Chris Gardner, a senior oil futures broker at Goldman Sachs, was standing behind Cao Kun at the moment, his brows furrowed.
He is well aware of the madness of this decision, after all, $900 million is not a small amount, let alone buy it all.
"Mr. Cao, are you sure?".
Chris Gardner expressed his concern: "Should we take some of our money to buy the dip and hedge the risk?".
Cao Kun turned around, his eyes flashing with determination.
He walked over to his desk, picked up a report, pointed to the data and said, "You see, the unrest in Iran has been going on for more than a year, and the war in the Middle East has intensified.
I firmly believe that the price of oil will soar from the current $13 to $41!".
Chris Gardner looked at the report in Cao Kun's hand, although he still had doubts in his heart, he knew that Cao Kun was a visionary.
"But......" Chris Gardner was about to say something, but was interrupted by Cao Kun waving his hand.
"No, but!" Cao Kun's tone was firm and decisive: "Buy them all, and when the price of oil rises to $39, we will start selling!"
Chris Gardner looked at Cao Kun's confident face, and the doubts in his heart gradually replaced by unwavering trust.
He nodded: "Understood, Mr. Cao."
I'll do as you command!".
With that, Chris Gardner turned and left the office.
In the days that followed, Chris Gardner and other oil futures brokers at Goldman Sachs Group Inc. were busy.
According to Cao Kun's order, they bought all the bulls at $13 and used 10 times leverage.
This means that if the price of oil rises by 10%, their earnings will be doubled.
But if oil prices fall by 10%, their losses will be just as heavy.
At the same time, the unrest in Iran continues to escalate.
Anti-American forces have taken the initiative, and the war in the Middle East has intensified.
When the news reached the financial markets in New York, it caused a huge shock and panic.
The price of oil began to skyrocket, from $13 to $20 in less than a month!
There was an atmosphere of tension and excitement in the offices of Goldman Sachs.
Chris Gardner and the other brokers watched intently at the change in oil price numbers, their heartbeats racing faster as oil prices fluctuated.
"It's up, it's gone up again!" someone shouted excitedly.
"We've made a lot of money!" said another, slapping the table excitedly.
Chris Gardner watched the price of oil continue to rise, but there was an indescribable feeling in his heart.
He remembered Cao Kun's firm and confident eyes and that decisive order: "Buy them all!".
At this moment, he really understood Cao Kun's vision and courage.
However, the gamble is far from over, with oil prices continuing to soar and earnings climbing.
When the price of oil rose to $20, Chris Gardner excitedly rushed into Cao Kun's office.
"Mr. Cao, we have earned! We have made a profit!"
Cao Kun turned around with a satisfied smile on his face.
"How much did I earn?" Cao Kun asked calmly.
"$3.5 billion!" Chris Gardner excitedly replied, "$2.5 billion of that is entirely yours!
".
For the other $2 billion, you can get $1 billion in proportion!".
Cao Kun smiled slightly and nodded: "With the principal of 500 million US dollars, the funds I can control now are as high as 4 billion US dollars!"
Chris Gardner was dumbfounded.
He couldn't imagine what kind of number it was.
And Cao Kun continued: "According to the current exchange rate, converted into Hong Kong dollars, what I have is 20 billion Hong Kong dollars!
."
And this year, all the assets of Bao Yugang, the richest man on Hong Kong Island, are just enough for 10 billion Hong Kong dollars!".
Chris Gardner was speechless in shock.
Cao Kun's heart was full of satisfaction and pride.
He has surpassed the money earned by Bao Yugang and his father Cao Wenbiao in the previous 40 years, and has become the richest man on Hong Kong Island!
And he is also the youngest richest man on Hong Kong Island in history!
All this was won by his own wisdom and courage.
Of course, because of his crossing, but also because of the system.
Chris Gardner finally came back to his senses, he walked up to Cao Kun and bowed deeply: "Mr. Cao, I am proud and proud of you!
."
You're the greatest investor I've ever met!".
Cao Kun smiled and patted Chris Gardner on the shoulder: "Chris Gardner, this is just the beginning!".
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