Reborn in Hong Kong as a Tycoon

Chapter 527 Oil Price Fluctuations (Two in One)

Wall Street, this is just a big street extending from Broadway Road to the East River in the southern part of Manhattan, New York, but it is not ordinary.

Because this is the financial center of the United States, the managers of banks, insurance companies and other companies established by the Morgan Consortium, Goldman Sachs, DuPont and other consortiums are concentrated here.

In addition, the headquarters of several major exchanges such as the New York Stock Exchange, Nasdaq, American Stock Exchange, and New York Futures Exchange are all here on Wall Street.

For these reasons, Wall Street is the financial center of the United States, which not only has a major influence on the US economy, but also has a major influence on the world economy.

Lin Baicheng, who came to Wall Street on Monday morning, very low-key took his bodyguards and assistants to the office building rented by the Golden Fleece Company.Only one floor of this building is the office space of Golden Fleece Company, and the other floors are office spaces of other financial companies.

Land is very expensive here on Wall Street, and with the scale and profits of Golden Fleece Corporation today, it is neither affordable nor necessary to buy the buildings here.

"Chairman!"

When Lin Baicheng came to the company, it was already working hours.

"Ok!"

Lin Baicheng nodded to Haruko Mori and the others, but he didn't specifically go to greet the employees below, but followed to Haruko Mori's office.

Haruko Mori made a cup of coffee for Lin Baicheng.

"Ren, Carter, how are you doing, how are you doing in the company?"

Lin Baicheng first looked at Singer Lane and Mendez Carter. They are senior talents recruited from the back of the company, and they are actually quite well-known on Wall Street.

Singer Lane said: "Very good, thanks to the trust of the chairman, let me lead the team to invest alone."

Mendez Carter followed closely behind: "I will definitely make achievements and not disappoint the chairman."

Lin Baicheng nodded with a smile, and after chatting with them for a few more words, he asked them, Doug Gordon and Sun Yiyang to go out first, leaving behind Vivien Kelly and Haruko Mori.

After everyone went out, Lin Baicheng looked at Vivien Kelly and said, "Vivien, when do you think the oil price will fluctuate greatly?"

"Chairman, there is no way to predict market changes."

Vivien Kelly shook her head after hearing this, and then said: "I can only say that I found that there are a lot of funds entering the oil futures market, so the oil price is likely to fluctuate greatly. I can't be sure about the specific time. It’s probably not more than a month.”

"The time is not sure?"

Lin Baicheng nodded. Vivien Kelly is not a god. It is normal not to be able to judge the exact time of the oil price change. If the other party really has such ability, then there is no need to work for Lin Baicheng.

"I will stay in New York for a while, but I can't stay forever. If the oil price still doesn't change after a while, then I will go to Los Angeles. It is quite convenient to connect New York and Los Angeles."

Vivien Kelly didn't say anything when she heard the words. Although there is a three-hour time difference between New York and Los Angeles, the difference is not that great. If there are huge fluctuations in oil prices, then you can contact Lin Baicheng at any time. Don't worry if Lin Baicheng is in the early morning What.

"Chairman, if the oil price rises, the international gold price will probably follow suit. Now the price of gold has broken through 300 US dollars per ounce. If it continues to rise in the future, do we need to start leveling after the price of gold rises to a certain level?" Lose some more orders?"

Haruko Mori asked aloud, but she knew that Lin Baicheng had a total of tens of billions of dollars in long gold futures. Every time the gold price adjusted and fell, she felt depressed for a while. In fact, a 1% fluctuation represented a loss of more than 1 million U.S. dollars, and her heart ached. ah.

Lin Baicheng looked at Vivien Kelly after hearing the words: "Is our gold futures list concealed enough? Does the outside world know that we are buying a lot of gold futures?"

"Chairman, what we do is very secretive, so the outside world should not know, at least we haven't heard the wind."

Vivien Kelly replied aloud, and then said: "However, the chairman, the funds we operate are not small after all. For the sake of safety, it is best to put part of the funds on the bright side, so that more funds can be hidden. .”

"Since this is the case, let's put the 20 billion US dollars raised by Hutchison Whampoa on the bright side. Also, the 10 billion US dollars raised in April with a principal of [-] million US dollars can also be put on the bright side. At that time, the profits from this fund can be used to expand the company's scale and remain in the company as investable funds."

Lin Baicheng thought for a while and said that Vivien Kelly is more professional than him in such matters, so he can't be wrong to listen to Vivien Kelly.

"Yes, Chairman!"

Vivien Kelly couldn't help being overjoyed when she heard the words, the company can operate more funds, and she can allocate more funds.At the same time, the larger the company, the higher the commission for these people, and more funds can guarantee a higher success rate.

"As for Qingzi, you asked if you want to close some long orders."

Lin Baicheng pondered as he spoke, but neither Haruko Mori nor Vivien Kelly made a sound to disturb her.

"Vivien, if I ask you to close the $20 billion long position of Hutchison Whampoa, and then take it back after a while, and finally close the long position together with other funds, if you operate like this, the remaining tens of billions of dollars Will the funds be discovered by other institutions?"

"Chairman, our long and short orders have already been prepared. As long as the account is not frequently operated and the internal staff does not leak the secrets, it will basically not be discovered by other institutions."

Vivien Kelly didn't have a 100% guarantee, because everything happened in case, she couldn't be sure that there was no accident, so naturally she didn't dare to guarantee Lin Baicheng.

"In that case."

Lin Baicheng nodded and said to Haruko Mori: "If the oil price fluctuates greatly this time and the gold price rises accordingly, after the gold price breaks through 400 US dollars per ounce, you can close out the long position of the 20 billion US dollars of Hutchison Whampoa. .However, the premise is that the price of gold can break through $400 per ounce before November, and if it can’t break through before November, forget it.”

Lin Baicheng can be sure that the highest price of gold will exceed US$800 per ounce next year, and the highest point in 79 will be US$500 per ounce at most. Therefore, if the price of gold rises sharply in the short term, you can sell it first and put the profit in your pocket, and then take out 2 million The U.S. dollar uses ten times leverage to go long on gold futures.

The reason why other funds do not do this is because Lin Baicheng is basically sure that the gold price trend will not change greatly because of his appearance, and it will break through 800 US dollars per ounce next year. Of course, he wants to earn more.

If Lin Baicheng made a mistake in his calculations, Hutchison Whampoa’s gold price would sell off, and the gold price would continue to rise after the long orders were closed, then it would be fine, it would be nothing more than getting it back at a higher cost and making less money.

Haruko Mori couldn't help asking: "Chairman, don't you want to pay off some long orders with your funds?"

"Continue to hold it for now."

Lin Baicheng shook his head without explaining too much.

Seeing that Lin Baicheng had made a decision, it was hard for Haruko Mori to persuade him.

Lin Baicheng said to Vivien Kelly: "Vivien, go and do your work first."

"Chairman, then I'll go out and get busy first."

Vivien Kelly responded and left the office.

There were only two people left in the office, Lin Baicheng said to Mao Liqing: "Qingzi, are you used to living here in New York?"

"It's very good, but you won't see Cheng Jun as many times as before."

Since it was a personal matter, Haruko Mori's name for Lin Baicheng also changed.

Lin Baicheng said: "The Golden Fleece Company has now moved to New York. You know how many assets I have here. I will come and have a look often."

"Then you must do what you say."

Haruko Moori wished that Lin Baicheng would come to New York more often.

"Do not worry."

Smiling, Lin Baicheng turned to say: "Since you are going to work in New York in the future, there is no need for Pioneer Technology's office location to stay in Los Angeles. How about you let Aige Dema put Pioneer Technology's office in Los Angeles? Move the location to Silicon Valley."

"Silicon Valley? There seems to be a concentration of semiconductor companies over there."

The current Silicon Valley has not yet become famous because of the rise of the Internet, but it still has some reputation in the United States. Haruko Mori has seen related news reports.

"Well, if it's possible, let Aiger Dema invest in the company there, and he can decide on his own for a small investment."

It is of course best for Aiger Demar to invest in companies with development potential, and the loss of investment failure is not too big, which Lin Baicheng can afford. Anyway, Pioneer Technology itself is just a cover for Lin Baicheng's excellent vision.

Haruko Mori replied, "I will tell him."

After Lin Baicheng chatted with Haruko Mori for a while, he walked out of the office and went to see other people.

Throughout the whole day, Lin Baicheng stayed at the Golden Fleece Company, and did not leave with Mouri Haruko until after get off work.Tonight, he was going to spend the night at Haruko Mori's place, rain and dew even.

The next day, Lin Baicheng didn't go to Golden Fleece anymore, he went to Marvel Comics.Now that he's here in New York, it's unreasonable not to go to Marvel Comics. He doesn't go there, and he goes even more when he has the opportunity.

On this day, Lin Baicheng stayed at the office of Marvel Comics.

With the injection of Lin Baicheng's capital, the development of Marvel Comics this year is quite good. With its own physical comics store, its market share has increased, and its revenue and profit have also increased a lot.

However, for Marvel Comics, Lin Baicheng never expected the company to make much money for him. What he valued was the copyright held by the company.As long as the operation of Marvel Comics does not suffer huge losses, even if the company does not make money, Lin Baicheng will support the company until the era of adapting superhero movies comes.

At that time, Marvel Comics will be able to make a lot of money.

On this day, the oil price did not fluctuate greatly and was still in shock.

However, on the morning of Wednesday, oil prices suddenly began to break through the shock platform and rise, from around US$13.2 per barrel to US$13.5 per barrel.Although it only increased by about 0.3 US dollars per barrel, the increase has reached about 2.3%.

The increase of around 2.3% may not seem large, but the problem is that leverage can be used in the futures market, and the leverage multiples usually used are not low. A leverage of five times and ten times is considered normal, and there are not many funds using leverage of twenty times.

Leaving aside the high leverage ratio, the increase of 11.5% is achieved with 23 times leverage alone, and the increase of [-]% is achieved with [-] times leverage.

Such an increase can already be said to be quite high.

Of course, if you are shorting oil futures, you will lose 11.5% of your principal if you use five times leverage, and you will lose 23% of your principal if you use ten times leverage. Such a large loss is not a joke.

Oil prices soared, so Lin Baicheng naturally went to the Golden Fleece Company to watch.

By the end of get off work that night, the oil price had risen to US$13.66 per barrel, an increase of 3.485%. Today can be said to have risen sharply, setting up a big positive line.

Today's increase alone, based on the 20 billion US dollars operated by Vivien Kelly, the Golden Fleece Company made a profit of 7000 million US dollars, which is quite terrifying, after all, this is a day's profit.

"Mr. Cheng, Ms. Kelly's ability is really strong. She is right. The price of oil has really risen. This time, the company's profit will not be less than [-] million U.S. dollars."

Although the price of oil rose only 3.485% today, the previous turmoil has already made the company a lot of money from long futures. What's more, there will definitely be rising positive lines after today's big positive line. Therefore, Haruko Mori said that the company made a profit of [-] million US dollars Not many.

"Her ability is really good, at least for now."

Lin Baicheng nodded slightly, but this does not mean that Vivien Kelly's judgments are all right, and she may make wrong judgments in the future.

On Thursday, the oil price continued yesterday's rise, and it looked quite strong. In the morning, the oil price broke through the price of 14 US dollars per barrel, and it is still going up slowly.

When the oil price broke through $14 a barrel, the increase reached 2.5% on the day, and Golden Fleece recorded another $5000 million in profit.

Vivien Kelly said to Lin Baicheng who was on the side: "Chairman, I think this wave of oil prices may rise to 15 US dollars per barrel. When the oil price rises to 14.8 US dollars per barrel, we can almost start to slowly close positions." .”

"Just do as you say."

Lin Baicheng nodded slightly. He knew that the oil price would rise even higher in the future, but he should close the order first to get the profit, and then let Vivien Kelly choose the opportunity to enter the market and do long.

"Manager, there has been a change in the oil price, and there are big funds selling."

Suddenly, a trader shouted.

Lin Baicheng and others looked at the computer and saw that after the oil price reached a high of 14.07 US dollars per barrel, it suddenly fell straight down, breaking through the price of 14 US dollars per barrel, and the selling orders continued to appear.

Vivien Kelly said immediately: "Chairman, there are short sellers entering the market, and there will be a lot of shocks in the short term. I am still bullish, so I suggest not to operate, and wait for the resistance of other bulls."

"Just do as you say."

Naturally, Lin Baicheng would not object when he heard the words.

The Golden Fleece Company was a returning spectator, and Lin Baicheng and others witnessed the fight between the long and short sides on the computer. The oil price fluctuated at $14 per barrel, and the trading volume continued to increase in the fight between the long and short sides.

(End of this chapter)