If he could, Su Chen wouldn’t mind doing more leverage.
However, the risks are also great.
Do a hundred times leverage, as long as the price of oil falls slightly, as long as the price drops by one percent, you will have nothing.
Ten times, which is a relatively safe range.
As long as it doesn’t fall by 10 percent, it’s not a big problem.
In the end, Su Chen and Audran controlled the commission to five percent.
Whether it is a profit or a loss, Su Chen’s $1.1 billion will be given 220 million to Chase Bank.
As for earnings, it is necessary to give five percent of the profits to Chase.
Although the fee is high, Chase Bank is also a large bank, the reputation is still there, some things HSBC can not play, but Chase Bank can continue to play.
After Su Chen left the bank, he immediately arranged for people to go to the Hong Kong Stock Exchange non-stop.
The oil in the futures market must be swallowed all.
I know that time is money, but you can’t pull it down with the slightest chance of grinding.
Inside the Hong Kong Stock Exchange, there is still a sea of people and a fiery atmosphere.
Many pedestrians stared at the stock price screen in the central hall with a crazy and hideous expression, as if every time the stock price fluctuated, it seemed to have experienced a life and death battle.
Su Chen was not surprised by this scene, went straight to the point, sold a large amount of cash, and bought oil futures.
A minute later, the originally green price of oil futures suddenly ushered in a wave of skyrocketing at a speed visible to the naked eye!
“Groove, what happened?”
“How did the share price of oil futures rise so much, from the original 160 Hong Kong dollars to 173 Hong Kong dollars?”
“Dry, the oil crisis is almost over, which fool bought a lot at this time?”
“Eighty percent is a madman, losing money and killing him!”
“What a hell to live.”
………….
………….
Life in the Hong Kong Stock Exchange was ups and downs, strange, noisy, and countless people’s expressions were questioned, even unbelievable.
It is as if the scene of the oil stock price that appeared in front of him stopped falling and rising, it was a dream, an illusion that was about to be shattered.
Incredible!
This is not a self-defeating end, what is it?
And this is not the end, just the next moment, the oil stock price soared again, if the vertical line soared continuously, surging to 87 Hong Kong dollars in one breath!
At this moment, the eyes of countless people were deeply attracted.
It’s just outrageous, buy oil stock prices in this time period, even charter kings dare not play like this, once the price of oil plummets, there is nothing, it will completely collapse!
Su Chen coldly watched the puzzlement and questioning of the people around him, flicked his clothes, clapped his hands and walked away dashingly.
Your shock is your business, whether you make money or not, but it’s my business!
On this day, the Xiangjiang futures market ushered in a huge and incomparable shock.
Donghuang Group smashed into it with 1.1 billion US dollars, almost single-handedly, stabilizing the originally plummeting oil futures stock price.
And countless Xiangjiang citizens who are trapped by oil futures are simply worshiping Su Chen as a god!
Save the dead, everyone will not forget you!
They cried and shouted, and while thanking Su Chen, they quickly sold the oil stocks in their hands without hesitation.
There is not even an opportunity to raise the price, for fear of smashing it on their own hands!
No way, the oil crisis has hammered too many people in Xiangjiang!
Come too fast, you are electricity, you are light, you are the only myth, people are caught off guard to deal with.
Even if it is an evergreen tree, if you are not careful, under this crisis, your wealth will be scattered, and your family will be destroyed.
“Donghuang Enterprise spent 5.5 billion Hong Kong dollars to buy oil futures, is it seeking its own death?”
“Heaven wants people to perish, it is necessary to be crazy, is this move of ‘Su Chen’, chairman of the Donghuang Group, a sign before destruction?”
“Shocked the whole Xiangjiang, the history of blood and tears behind the 5.5 billion Hong Kong dollars!”
……….
……….
Many media magazines such as the Oriental Times, Sun and Moon News, and Tian Tian Bao are like a group of sharks smelling blood in the ocean, bloodthirsty, and it is absolutely impossible to let go of this big event!
The editor-in-chief of these giant newspapers and periodicals, in the next day, quickly stirred up the two related things of Donghuang Group and oil stocks into the hot headlines of all Xiangjiang newspapers!
Even some of the very few Xiangjiang citizens who did not read the newspaper learned the news in the first time!
The title is undoubtedly the most catchy!
11 billion US dollars, directly smashed in, and abruptly gave the price of oil futures too high.
Now to invest 1.1 billion US dollars to buy a batch of oil futures that have plummeted, Su Chen is simply killing himself!
This shocked many people!
It’s crazy!
The miracle that happened in the short term of Donghuang Group, in the eyes of many people, is the story of a lucky mainland boy who became rich!
Even if he becomes the youngest billionaire in the whole of Xiangjiang, Chinese capital controls foreign banks, and in the minds of some people, he still can’t hide that contempt!
Su Chen, a little-known mainland boy, isn’t it better luck?
For this reason, countless people who were jealous of Su Chen were questioning and even satirizing the Donghuang Group.
Countless large and small Xiangjiang capitalists also let out happy laughter that belongs to each other!
Xiangjiang cake is so big, one less giant monopolizes to eat, and the division naturally belongs to them!
However, on this day, at the same time, the “Xiangjiang Financial Daily” also focused on the analysis, oil futures.
According to the analysis of the Financial Daily, it is believed that oil is a non-renewable resource.
Secondly, the Financial Daily also believes that the current drop in oil prices is only a temporary problem.
The oil crisis is not really over.
Later, an even larger oil crisis will break out.
In the end, the newspaper believes that the final price of oil will reach a maximum of $41 a barrel, and in the long run, it will stabilize at 20 US dollars a barrel.
The analysis of the entire newspaper can be considered reasonable.
Of course, this is also what Su Chen deliberately asked Zhang Guangchen to write.
Whether you believe it or not, you first have to write it, which can be regarded as accumulating credibility for your own newspaper.
When many Xiangjiang shareholders saw the Financial Daily, they couldn’t help but be stunned for a moment, but soon, they made a mocking sound.
“Xiangjiang Financial Daily is just nonsense, how can oil prices continue to grow?”
“I see, the price of oil is definitely going to plummet, don’t forget that in 73, the price of oil was $3 a barrel, how can it skyrocket now?”
“Anyway, thanks to Mr. Su Chen, if he doesn’t come in with ten billion dollars, I won’t be able to cash out and leave!”
“That said, all of us Xiangjiang shareholders have to thank Mr. Su!”
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