Reborn in Hong Kong as a Tycoon

Chapter 446 Small Abacus

Since May 5, the international gold price has been in shock after breaking through 2 US dollars per ounce, and three days have passed since that day.

After get off work on Friday night, Vivien Kelly came to Lin Baicheng's villa.

Because Vivien Kelly said that she had something to report to Lin Baicheng, Lin Baicheng called her to the study to talk. Haruko Mori also went with her. After all, Haruko Mori was also an executive of the Golden Fleece Company.

Vivien Kelly said: "Chairman, the international gold price has been fluctuating after breaking through 250 US dollars per ounce these days. Mr. Gordon and Mr. Sun and I called everyone to discuss it. The possibility of subsequent strengthening is relatively high, and the bulls are stronger."

"Well, I remember you talking about it yesterday."

Lin Baicheng nodded when he heard the words, with doubts on his face.

Vivien Kelly said: "It's like this. Mr. Gordon, Mr. Sun and I have decided to use some of the funds we can operate to go long on gold futures. Chairman, you already have a lot of money to go long on gold. Futures, so I want to ask you if we can use the part of the funds we can operate to make gold futures."

"Is that so?"

Lin Baicheng nodded lightly, and did not give an answer immediately.

Seeing this, Vivien Kelly waited for Lin Baicheng to make a decision.

Haruko Mori actually knew about this, and Vivien Kelly didn't avoid her when they discussed it, but her main task at the Golden Fleece Company was to monitor the flow of funds, not to decide what to do with the funds. Kuai can only be regarded as understanding, not proficient, so she can't give advice on this kind of thing.

After the small meeting, Lin Baicheng said to Vivien Kelly: "You can use the funds operated by you to make gold futures. If you make a profit, you will definitely get a related commission, but if there is a large loss, you also need to be responsible. I I think you should understand this truth, right?"

"Chairman, don't worry, since it is our own decision, if the company suffers a lot of losses, the responsibility must be on us, because we are not capable enough."

Vivien Kelly nodded heavily. This is different from the funds that Lin Baicheng gave them to operate. They only need to buy and sell according to Lin Baicheng's instructions, and their profits and losses have nothing to do with them.

Lin Baicheng asked: "How much money are you going to use to go long? Are you going to use leverage?"

Vivien Kelly said: "We decided to take out 5000 million US dollars to go long gold futures, and then use 5 times leverage."

"Since you haven't exceeded the authority I gave you, then I won't say anything more."

Lin Baicheng gave Vivien Kelly their permission to use up to five times the leverage for futures trading. If they want to use higher leverage, they must apply to him in advance to avoid their impulsiveness causing heavy losses to the company.

"By the way, you should just put the 5000 million long orders on the bright side and don't get involved with my long orders, so as not to be noticed by others."

"Yes, we will do a good job with it."

Vivien Kelly responded. She knew very well that her boss attached great importance to the concealment of multiple orders. She would rather put more shells, spread them as much as possible, spend more handling fees to do the covert work, and have accounts with multiple orders on the surface. It has nothing to do with the Golden Fleece Company, which shows caution.

"I won't say much else."

Lin Baicheng nodded, and then asked: "By the way, when are you going to buy long orders?"

Vivien Kelly replied: "The market will be closed tomorrow and the next weekend. We decided to place an order and enter the market next Monday. The three-day shock is almost over."

"When you are ready to sell, remember to tell me. Don't worry, I will not interfere when you decide to sell. I said that I will hand over these funds to you for operation, and I will not interfere with your decision. Unless your operation is very risky."

Lin Baicheng said that although he knew that the international gold price would rise to the highest level, it would be a pity to sell it halfway, but the international gold price is only at such a wave, and it will depend on Vivien Kelly's ability in the future, so it is better to train them from the beginning. It is up to them to decide how to operate the funds without interfering at will.

The premise of handing over the funds to Vivien Kelly and them to operate is that they did not cause a lot of losses, and they even had to make a lot of profits.Otherwise, Lin Baicheng will either force them to follow his instructions and treat them as tools; or he will choose to let them go and replace them with other capable talents to manage funds.

"Ok!"

For Vivien Kelly and the others, as long as their bosses don't interfere with their operations at will, they can still accept a certain degree of restrictions.After all, the money belongs to the boss, and the boss will worry that they will lose too much. This is a normal thing, and it is the same in any company.

"Chairman, we want to set up a fund to raise funds from the outside world. I wonder if you agree with it?"

"Set up a fund?"

Lin Baicheng couldn't help but startled when he heard the words: "What type of fund do you want to establish?"

"We want to set up a closed-end stock fund, mainly doing stock trading, but if there is an opportunity in markets such as bond currency futures, we will also operate."

Vivien Kelly said that this was a discussion between her and Doug Gordon and Sun Yiyang. This time, she mainly wanted to test Lin Baicheng's ideas and see if the boss agrees with them to set up a fund and raise funds from outside.

Lin Baicheng pondered for a while and said: "This incident is relatively sudden, so I have to think about it carefully, and I can't give you an answer for the time being."

"Chairman, the more funds we can operate, the higher the security and the easier it is to bring profits to your funds. I hope you can seriously consider this matter. But no matter what your decision is, we will obey."

Vivien Kelly didn't say much. Their current situation does not allow them to leave the platform of Golden Fleece Company. Their contracts also limit the possibility of them leaving Golden Fleece Company in a short period of time. High salaries are not so easy to get.

"Don't worry, I will seriously consider this matter."

Lin Baicheng nodded. After all, this is not a trivial matter. He really needs to carefully consider the gains and losses.

Vivien Kelly didn't say anything more, and after sitting for a while, she said goodbye and left.

The reason why Vivien Kelly and the others want to set up a fund is mainly because they want to operate more funds, so that they can get more commission income, and at the same time, they want to make a name for themselves among investors and pave the way for the future.

This time it was just a trial. It would be best for Lin Baicheng to allow them to set up a fund. If they disagreed, they would have no loss. At most, they would just look for another opportunity in the future.

(End of this chapter)