Rebirth of the evil daddy
Chapter 496
Lu Jun was originally very happy to hear that Lu Yuan had sold the stock, but when he heard Lu Yuan say that he was actually buying futures, he immediately frowned.
He knows very well how terrifying futures are.
"What, you're getting bolder and bolder, you actually play futures, is that thing you can play?"
"Did you know that if the futures fluctuate a little, you're going to go bankrupt."
The reason why Lu Jun is so excited about futures is because futures are too risky.
To put it mildly, futures are the slaughterhouse of capital predators.
At the beginning, a friend of Lu Jun was also a billionaire, and he went bankrupt and jumped off the building because of speculation in futures.
This incident is still fresh in his memory.
But Lu Jun didn't expect that his son would also play futures.
Although he played with Ye Chen, he was still not at ease.
Lu Yuan said with a smile: "Don't worry, Brother Ye is very stable, and I will tell you the news that there was a once-in-a-century rainstorm in Hangzhou yesterday, and as a result, the largest garlic reserve base in our Dragon Country was flooded."
"Once there is a problem with garlic over there, what do you think will be the price of garlic internationally?"
Lu Yuan said triumphantly.
"Brother Ye is really amazing, others think of how big the rainstorm is, but what Brother Ye thinks of is the price of garlic, how can you say that people like Brother Ye don't get rich."
"Brother Ye's investment vision, who in the world can compare."
Listening to Lu Yuan's words, Lu Jun was stunned.
"What are you? You repeat?
After listening to his son's words, Lu Jun even couldn't believe it.
Hangzhou has a garlic base, which is flooded, and it is impossible for Lu Jun, as a businessman, not to know the impact on the price of garlic.
This is the rhythm of doubling the money.
Lu Jun took a deep breath and asked, "What is the price for you to buy?"
Lu Yuan said: "When we bought it, it was $0.28, and Brother Ye bought 150 million and added 20 times leverage."
Lu Jun gasped when he heard this.
I have to say that Ye Chen's courage was really too big, and he actually used twenty times the leverage.
Lu Yuan smiled: "Dad, Brother Ye's vision is not comparable to ordinary people, you said that this stock market rose so well at the beginning, who would have thought that it would suddenly plummet, Brother Ye thought of it."
Lu Yuan nodded: "Mr. Ye's vision is indeed unmatched.
Lu Jun was even a little envious at the moment, it seemed that Ye Chen was going to make a lot of money this time.
Even Lu Jun regretted it a little, he had already known that he had let Ye Chen help him speculate in futures.
Twenty times leverage, 150 million, if you plan to double it, then Ye Chen can earn 430 million US dollars, if it is doubled, it is 280 million.
If that triples...
Lu Jun even had a feeling of numbness in his scalp.
He didn't even dare to think about it.
This wave is likely to earn a billion, or even dollars.
Lu Jun admired Ye Chen even more at this moment.
This young man is simply a demonic existence.
At this time, there has been a bloody storm in the stock market.
"Damn, have you heard? The garlic base in Hangzhou was flooded.
"I've heard that half of the garlic is said to have been flooded, and these people's flood control measures are too rubbish."
"This time it's a big loss, half of the garlic reserves."
"Have you thought of the point? If you stock up on a batch of garlic before, this wave will go crazy.
"Hehe, you're too low, who is rich will really stock up on garlic, you must go to buy garlic futures."
"Do you think people will give you a chance? I looked, the futures market has now ceased trading.
"Yes, if the news gets out as soon as it gets out, the trade in garlic will definitely stop, but if you buy it before, you will make crazy money."
On the Internet, the flooding of the garlic base also ushered in a wave of heated discussions.
Many people regret how they didn't think of stocking up on some garlic when it rained.
But these people would never have dreamed that a young man would buy $12.5 million in garlic futures with 20 times leverage.
If you knew, it would have exploded.
More than ten days have passed in the blink of an eye, and the price of garlic is getting higher and higher day by day.
Even the retail price of garlic in China has risen to six per piece.
In the international market, the price of garlic has risen directly to $0.78.
This equates to a 2.8-fold increase.
If Ye Chen closes the position at this time, and the insect can easily earn more than one billion and two million US dollars.
After deducting the handling fee, you can also earn about one billion.
However, Ye Chen understands that the price will continue to rise.
He's going to wait, and at least to the highest price he knows.
After all, under the effect of twenty times leverage, as long as it rises a little, it will be a lot of income for Ye Chen.
So how could Ye Chen stop so easily?
Ye Chen has continued to care about the price of garlic.
Yesterday, the price of garlic reached $1.05.
Ye Chen knew that he could close the position now.
Although Ye Chen is very clear, the price of garlic may continue to rise in the future.
But there is also a possibility that there will be some capital predators sniping at the price of garlic.
So Ye Chen decided to accept it when he saw it.
People can't be too greedy, otherwise the end will be miserable.
After a period of operation, Ye Chen sold all the futures.
With a twenty-fold increase, Ye Chen made a profit of seventy-five times.
Ye Chen bought 21.5 million US dollars and made 1.6 billion yuan.
After deducting the handling fee, Ye Chen also earned 1.5 billion.
Converted into a soft girl, it is 10 billion.
Ye Chen took a deep breath.
I didn't expect my assets to exceed 10 billion so soon.
Of course, Ye Chen knew very well that this was just the beginning.
Lu Yuan also earned more than 300 million dragon coins this time.
When he told the news to the Lu army, the road army was stupid.
He worked hard in the hotel, but as a result, Ye Chen made his own profits for two or three years by using the computer, which is also too powerful.
This incident also had a huge impact on the rich second generation.
Those who didn't follow Ye Chen to buy futures regretted it.
It didn't take long for Lu Yuan to organize a dinner for Ye Chen to attend.
said that he asked Ye Chen to chat with an industry expert.
It turned out that my father wanted to transform, so he hired this industry expert as a consultant for the transformation.
But for such a big thing as the transformation, Lu Yuan felt that it was still not very reliable to just listen to this expert's words, so he invited Ye Chen to come over.
In Lu Yuan's heart, Ye Chen is a god-like existence, and as for others, Lu Yuan doesn't believe it at all.
Ye Chen didn't refuse, after all, Lu Yuan was his little brother, and he had helped him do a lot of things, and his relationship with Lu Jun had eased now.
Since we're all friends, there's nothing wrong with giving some advice.
Moreover, for his future business territory, Ye Chen feels that the more friends he has, the better the road in the future.
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