My Fintech Empire

"Speaking of the international gold price, there is a tendency to catch up to the top this month, so we should adjust our strategy and turn short." Fang Hong turned to this matter, and immediately told Tian Jiayi: "Notice, we will start to do it at the end of the month." Long-short conversion adjustment."

Tian Jiayi nodded.

Commodities such as gold are naturally an important product for Qunxing Capital to intervene, and they have been doing long positions for more than a year.

However, after entering September, gold pre-cooled and began to enter a long-term downtrend that lasted for four to five years.

There are many factors for the future trend of gold price to turn negative. Commodities represented by crude oil have not yet escaped the downward trend, which drags down the rise of gold price. Qunxing Capital has long been bearish on crude oil.

Judging from the economic data released by the world's three major economies in North America, Greater China and Europe, the signs of economic slowdown brought about by crude oil inventories are very obvious.

The employment problem is also plaguing North America, the world's largest economy.

The slowdown of global economic growth will inevitably lead to a weakening of demand for bulk commodities, and the inherent commodity attributes of gold and silver will have an adverse impact on price trends.

Under the circumstance that the monetary policy is unsustainable after the end of the Fed’s quantitative easing policy, compared with the emerging economies suffering from inflation, the inflation in the old United States is not obvious, which leads to the continued flow of global funds to the European and American markets, while the demand for gold mainly comes from In emerging markets, the fall in commodity prices and the flow of funds indicate that it is difficult for gold and silver to form a new round of upward trend.

In addition, another factor is that after the suspension of the debt crisis in Greece, the euro was able to suspend its decline, which in turn promoted the relief of risk aversion in the market, and the price of gold would naturally fall.

Overall, the weakness of the North American economy, the outbreak of the European debt crisis, the international economic situation with high inflation, the potential crisis of geopolitics and the strong physical demand are conducive to the rise of gold prices. However, the decline in commodity prices, the flow of global funds, the current rising yields of U.S. debt and the uncertainty of the monetary policies of major central banks will drive the price of gold down.

The current price of gold has risen to more than 1,600 US dollars per ounce. After another price increase of more than 200 US dollars this month, the price has been pushed up to 1,900 US dollars per ounce, which is the peak of the gold market.

The peaking of the gold price also corresponds to the arrival of the appreciation cycle of the US dollar index. In most cases, the international gold price and the US dollar index are seesawing each other. When the US dollar appreciates, gold will fall, and when the US dollar depreciates, gold will rise.

In other words, Qunxing Capital will also turn long on the US dollar in the foreign exchange market.

...

"Father, I received a message from Fang Hong today. He asked all the important immediate family members of the Hua family who are abroad to return to China as soon as possible within a week." Hua Yu is sitting with his father Hua Yongming at the Hua family villa. Together, we talked about this matter.

Hua Yu was not only surprised when he received the news, he was even a little shocked. He didn't dare to neglect this matter. Before he came back to see his father, he had already contacted his wife who was really abroad and asked her to return home with the child.

Hua Yongming was shocked when he heard the news, and immediately asked, "Have you notified your elder brother?"

Hearing this, Hua Yu replied: "Not yet, you have to come and tell him about this."

Hua Yongming nodded and asked, "What does Fang Hong want to do?"

Hua Yu shook his head immediately: "I don't know, he gave me such a notice at present, but there must be something important happening, maybe we will know soon."

Hua Yongming paused for a moment when he heard this, and said slowly: "Then do as he said, Qunxing Capital has developed to a scale that neither you nor I have imagined. It has only been a few years. It has expanded to an asset size of two trillion yuan, and it is still on the rise.”

Speaking of this, Hua Yongming thought about it and said: "My Hua family owns 10% of Qunxing Capital's equity ratio, including yours which is close to 1 percentage point, a total of 11% ratio, more than 200 billion in net assets, this cake It's not easy to take."

Hua Yongming sighed and continued: "He Fang Hong is hiding behind, but our family is at the forefront to attract firepower."

Both parties are very clear about this, and it can be regarded as a tacit exchange reached by the two parties. The Hua family will bear the firepower and bear the risks on the bright side. In return, they will share 10% of the cake of Qunxing Capital.

Undoubtedly, Hua Yongming did not suspect that betting on Fang Hong was the wrong choice, and now he has begun to taste the sweetness of it.

If nothing else, let's talk about the current downturn in the real estate industry, but Huayang Group is not affected at all. Instead, it is expanding aggressively, and it seems to surpass Wan Tiao to become the largest real estate giant in China.

Because on the bright side, everyone believes that Qunxing Capital was born out of the Huayang system, and in just two or three years it has expanded to today's scale, and it has become the main business of the Hua family. The scale has long been the number of its real estate business. twice as big.

The intangible value of this is unimaginable. A typical example is that Huayang Group needs financing for a real estate project, and a large number of people in the market squeeze their heads to give money, because everyone firmly believes that Huayang Group cannot afford to pay back the money. , Look at the wealth of Qunxing Capital next door.

As for why Qunxing Capital is so rich, Huayang Group still needs to raise funds from the market. People in the financial circle are not surprised, and they directly understand it as leverage.

Or to put it another way, if you can use other people's money, try to use other people's money first. This is what other employers are willing to see. Only in this way can they make money and get a share of it.

But at this moment, Hua Yongming immediately ordered: "After returning to China this time, don't go abroad again from now on."

Hua Yu nodded immediately, and after a while he looked at Hua Yongming and asked, "Father, then some of our overseas funds..."

It is worth mentioning that Huayu and his family had already started their business before they bet on Fang Hong, and there were some problems, otherwise it would have been very difficult for their family to get started, given the circumstances at that time.

Although the subsequent "transformation" was very successful, even the usury business that is in the gray zone has been completely cut off.

But this is also a sticking point in Hua Yongming's heart. Before he knew Fang Hong five years ago, Hua Yongming had already arranged for some assets to go abroad, which was to prepare for the worst.

It can also be regarded as a bottom-up operation of the old fox. After all, he is not afraid of ten thousand but just in case.

In fact, looking at it today, it’s not much, even if it invested hundreds of millions of dollars in assets in UBS. Although Huayang Group was very powerful before I met Fang Hong, it was only more than 30 billion in assets. The current exchange rate is only five or six billion U.S. dollars, and the current Huayang Group has an asset scale of more than 200 billion just because of the 10% equity held in Qunxing Capital.

At this time, Hua Yongming said in a deep voice: "Don't worry about it and don't touch it. It's just a few hundred million dollars, so just pretend it doesn't exist. Don't try to transfer assets out in the future. Fang Hong's move may have another intention."

Hua Yu couldn't help looking at his father, and Hua Yongming said slowly, "Stand in line."

...