I was born again with 100 million

Chapter 127 Leveraging

Back then when he bought the Hang Seng Index in Xiangjiang, Lin Xiao did not increase leverage.

The main reason is that it was not easy for a new customer like myself, especially with an ID card from the Mainland, to allocate funds and increase leverage because he was unfamiliar with the place at that time.

Moreover, after adding leverage, you can't control the fluctuations in the middle, and you may be shocked directly by a big drop.

After all, the Hang Seng Index fluctuated greatly at the beginning, and I only knew the final result, and the specific process in the middle was unpredictable.

But now it's different. In Yanjing, there are no restrictions on status, and in the past month or so, although he didn't make much money, he made money after all, which also proved that he has certain financial strength.

In this way, it is naturally easier to persuade the allocation company.

In addition, the trend of Yian Technology's stock occasionally fell, but the decline was not large. As long as I didn't increase the leverage too much, I wouldn't be shocked.

As soon as he thought of it, Lin Xiao went straight to the sales department where he opened the account.

When he came to the sales department, Lin Xiao found the person who opened an account for him last time, a 30-year-old male manager named Liao Wenbai.

Lin Xiao was a little surprised, why the other reborn protagonists always met beautiful female managers when they went to buy a stock or something, and some even poached them away at the end.

How come I went to a securities company to open an account twice, and both were male managers.

Just because finance is not your main business?
"Boss Lin, are you here? Are you going to do any business today?"

Liao Wenbai has a good memory, and Lin Xiao recognized Lin Xiao just after he found him.

Lin Xiao nodded, and asked straight to the point: "Manager Liao, I want to ask, your company should be able to do capital allocation?"

"Lin always wants to increase leverage? There are certain risks in increasing leverage." Liao Wenbai reminded.

After Lin Xiao expressed that he was aware of the risks, Liao Wenbo said:
"Our securities company does not do capital allocation. If Mr. Lin needs highly leveraged capital allocation, we have a cooperative financial company."

Perhaps because Lin Xiao was worried about safety, Liao Wenbai immediately explained: "In terms of safety, Lin can definitely rest assured. This is a funding company that many of our clients have cooperated with for a long time, and the relationship with our securities company..."

When Liao Wenbo said this, he stopped and didn't continue talking.

However, Lin Xiao vaguely guessed that this funding company may have several layers of coats on it, but it still has some relationship with the securities company after all.

Lin Xiao didn't continue to ask further, and said directly: "The income of my account for more than 20 days is close to 12%. Calculated, it is 110 million. I still have about 50 funds in my hand, and the total principal is 160. Ten thousand, what is the maximum allocation ratio?"

"I have to confirm this with the distribution company first." Liao Wenbai did not reply to Lin Xiao immediately.

Hearing Liao Wenbai's words, Lin Xiao asked, "Will it take a long time?"

"Oh, no, I'll simply communicate, and then apply through the system, it will take a few minutes." Liao Wenbai said with a smile.

"Okay, then I'll wait a while."

After Lin Xiao finished speaking, Liao Wenbo immediately went to the inner room.

About five or six minutes later, Liao Wenbo came to Lin Xiao again, and said with a smile, "Boss Lin, according to the evaluation, we can provide you with a maximum allocation of 6 times the capital."

"6 times?" Lin Xiao said, paused for a while, and then asked, "Can't it be higher?"

"I'm sorry, Mr. Lin, your account is still relatively short, and the level is not high. The 6 times of capital allocation has fully considered your financial strength, and you can't give it if it is higher."

Liao Wenbo said with an apologetic face.

林晓听了微微点头, 6就6倍吧，自己手里160万，6倍也有960万，加起来有超过1100万了。

After agreeing on the capital allocation ratio, Liao Wenbai told Lin Xiao about the interest rate, which is calculated at an annualized rate of 12%, 1% per month, and 3.3 per day, which is even lower than that of a certain treasure in later generations.

After Lin Xiao was confirmed, a person from the distribution company came to sign the contract with Lin Xiao, and explained some risks to Lin Xiao.

For example, the risk of loss, because of the increased leverage, doubles the profit when it encounters a rise, and doubles the loss when it encounters a fall, and this loss is naturally a loss of Lin Xiao's principal first.

Because Lin Xiao is currently using 6 times leverage, this means that once the stock Lin Xiao bought falls by 16.6%, all his principal will be lost, and his position will be liquidated directly.

However, in order to control risks, the contract stipulates that once the stock falls by more than 15%, the securities company will directly close the position and stop the loss.

Then came some formalities, because the two sides didn't have much contentious content, and it was quickly completed.

Lin Xiaoxian sold all the shares of Yi'an Technology in his hand, and then used this money plus 50 principal as a deposit to sign a contract with the distribution company.

The next morning, Lin Xiao's account became 1120 million. Seeing that Yi'an Technology's stock price was still hovering around 20 yuan at this time, Lin Xiao entered the market several times and bought a large amount of Yi'an Technology's shares.

Lin Xiao bought it in several days, and they were all divided into different time periods. Although it also raised the stock price to a certain extent, it did not cause too much fluctuation on the whole. In the end, Lin Xiao bought it at 20.12 yuan per share. 55 shares.

The 55 shares cost 1106.6, and there was still some fraction left. Lin Xiao took a casual glance and bought 13.4 shares of Shuijingfang for the remaining 10500. The price of Shuijingfang at this time was 12.75.

Moutai has not yet been listed. If it is listed, it is not impossible for Lin Xiao to spend some money to buy Moutai directly, and then hold it for more than ten years.

As for buying Shuijingfang, anyway, after the 519 market comes, it will go up. Lin Xiao doesn't know how much Shuijingfang will go up.

But even if the 10,000+ lost some, it doesn't matter, the previous earning is enough to make up for it.

Because the account will be supervised by the securities company after the allocation of funds, Liao Wenbo can see Lin Xiao's operations clearly.

Seeing that Lin Xiao invested so much money in the same stock, Liao Wenbo was shocked and quickly called Lin Xiao.

"Mr. Lin, with such a high leverage, you only buy two stocks, and investing such a large proportion in one stock is too risky. I suggest you buy at least three stocks, and the funds used for a single stock should not exceed 50%, that would be a little safer."

"Thank you Manager Liao for your reminder, I will pay attention."

Lin Xiao is obviously a polite remark.

Liao Wenbai's suggestion is indeed very professional, but no matter how professional he is, he can't know the future trend.

So, good advice, but I don't take it.

In the sales department of the securities company, Liao Wenbai shook his head after hanging up the phone, and a young man sitting opposite him asked in surprise, "What's wrong, Wenbo?"

"I have a client who took 6 times leverage, with a total of more than 1000 million, and basically put all his funds in a stock called Yi'an Technology." Liao Wenbai shook his head.

"Forget it, let's not talk about it, you just came from Shanghai, I will take you to eat roast duck."

After Liao Wenbo finished speaking, the young man opposite stood up, and if Lin Xiao were here, he would find that this person...he knew him.

(End of this chapter)