The Age of Rebirth

Chapter 378 Adding positions (one more update)
Li Weidong looked at the numbers flashing on the computer screen. This number was real money. He felt good, very good, very satisfied, and nodded frequently.

This is the charm of futures and the temptation of leverage. Even if there is only a slight fluctuation in the market, you can get rich returns. In this market, greed and human nature are always contested.

"Chairman, the market has closed. Here are all your orders for today. Take a look. If there is no problem, we need your signature and we will file them for preservation!"

Xu Yandeng walked in and said to Li Weidong that he temporarily acted as Li Weidong's liquidator, responsible for reviewing all orders after the market closed every day to check for errors.

This is a daily homework for fund management companies. All original records must be kept, and the daily rise and fall of all stocks held in positions have clear records.

These records are the original vouchers, which can be well documented and constrained by the system during the audit, which is the reason why Li Weidong rest assured that Xu Yandeng manages the company's billions of assets.

People are unreliable, only the system will do!
Li Weidong took a few glances, and then signed his name in a swish. This process has been done many times, and he is no stranger to it.

"How much money does the company have now?" After signing, Li Weidong asked suddenly.

"As of today, our total assets are about 27 billion Hong Kong dollars. The specific data can only be known after accounting and summarizing!"

Li Weidong frowned when he heard that, he still had too little money, or too little money available.

"About 20% of these funds are invested in the futures market, about 50% in the stock market, about 20% in bonds, and about 10% in cash!"

Li Weidong thought about it for a while. This allocation is quite aggressive. Stocks and futures can account for 70%. General fund management companies will not have such a large proportion of futures.

Of course, this is also related to the small size of the company. After all, Orient Fund Management Company is only Li Weidong's private company, and does not undertake external client fund management requirements.

On this point, Li Weidong is selfish. The management fees of private equity funds in the market are not low, but it is not suitable for people with bugs like Li Weidong.

He has the golden finger of rebirth, and he will definitely be able to follow the general trend of the times, and he will definitely have no problem making money.

"Is there less than 3 million in cash?" Li Weidong was a little dissatisfied with the amount of cash, which was too little.

"Our allocation takes into account the need for cash at any time, 20% of the bonds can be redeemed at any time, and some stocks with small positions can be sold. In fact, we can come up with almost 10 billion cash in the short term!"

Xu Yandeng felt helpless. Originally, when he had the most funds in his hand, there were five or six billion yuan, but after several blood draws by Li Weidong, it was not bad to have so much left.

In several companies established by Li Weidong recently, almost half of the funds used were provided by Dongfang Company, and the investment of Wumai Capital in the United States also needs his support.

To a certain extent, Dongfang Fund has become Li Weidong's cash machine, and Xu Yandeng is deeply touched by this.

The predecessor of Orient Fund was a business department of Anma Capital, which was a cash machine for Li Weidong to withdraw money from the financial market.

In the past few years, Li Weidong has invested a lot, and all he spent in Europe and America was US dollars. Calculated, the funds Li Weidong earned in the Japanese foreign exchange market last year have been spent almost.

Only out but not in, naturally less and less, and the stock market in Hong Kong Island has been in a state of decline for the past six months. On the whole, it is not bad that Orient Fund is in a state of breakeven.

Investment is for income, but it takes a certain amount of time to earn income. So far, almost none of the enterprises under Li Weidong's name can provide considerable profits.

When Xu Yandeng thought of this, Li Weidong naturally understood, so he suddenly felt that he was short of money again, but fortunately, in the short term, he had no financial needs.

In China, several companies under his name have self-hematopoietic capabilities, and there is no problem in expanding production and development.

The initial development funds for the newly invested automobile factories and banks are already sufficient. As for the future investment funds, it will not make Li Weidong worry.

Several companies invested abroad have also turned around. Both Skoda and Nokia have begun to make substantial profits. Maybe he will be able to see the money back at this year's shareholders meeting.

Several companies invested by Anma Capital in the United States will be able to go public almost this year, and there will be no problems with the internal circulation. In the future, they can only be Li Weidong's money-making machine, and there is no need to continue investing.

Thinking of these, Li Weidong was relieved again, nodded, stood up and took two steps, thinking to himself.

He invested a total of [-] million Hong Kong dollars in the Nikkei index contract. The margin system made his risk infinitely magnified, but the income will also be quite gratifying.

Li Weidong currently holds a position of 5 million Hong Kong dollars. Every time the Nikkei index falls by one percentage point, Li Weidong can earn almost 000 million Hong Kong dollars. A slight fluctuation can be hundreds of thousands to millions.

Although today's index has not fallen much, it should be because the market has not yet started to study hard. Of course, some people may not want the stock to fluctuate too much.

These people either bought call options, or they are the real authorities.

But how long this situation can last is still unknown. The current disaster has not been counted or even reported publicly.

Maybe after the best rescue time has passed, the government will make a summary report, and by then I am afraid that the public will be enthusiastic.

"You prepare one billion first, buy put options on the Nikkei index, and then gradually sell some stocks that are easy to sell, and use it as reserve funds to prepare for margin calls at any time!"

Li Weidong wanted to take a big gamble and turn his bicycle into a motorcycle.

Recently, he only spent money but didn't make money, which made him a little tight on funds. If he really wanted to do some big business, he might have to find a way to raise money.

That being the case, it is better to seize this opportunity and get some money from "friendly neighboring countries". The money for financing needs to be repaid, but this kind of money is simply a bargain.

And even if this part of the income obtained from the Japanese financial market does not completely belong to the Japanese, there is still a considerable part of the same international speculators as Li Weidong.

The famous Bahrain incident in the history of finance occurred at this time. If someone loses money, someone else will make money. Barings Bank can lose hundreds of millions of pounds. Why can't Li Weidong make a little money?
However, it is impossible for Li Weidong to mention this kind of matter to Xu Yandeng, otherwise there will be a big problem. Of course Li Weidong doesn't know it yet, and Xu Yandeng has already doubted him.

Xu Yandeng thought about it for a while, and was shocked in his heart, knowing that Li Weidong had made another big move. Investing one billion yuan was definitely a big sum for him.

Although he managed four or five billion yuan of funds at most, except for Li Weidong's special requirements, the single item of investment never exceeded one or two hundred million yuan.

He has also been engaged in finance for more than ten years now, so he naturally knows the truth that all eggs should not be put in one basket. If the pot is smashed, there will be nothing left, and he cannot bear the responsibility.

But now that the boss asks for it, he has to follow the boss's instructions. Although the stock is not cash, it is actually a current asset, which can be cashed out at any time in the short term.

"I'll do it now. There is still some time before the market closes on Hong Kong Island. We can still sell some bonds. We will definitely be able to raise funds tomorrow morning!"

"I will discuss the transaction with Morgan, and I need him to provide a guarantee. They are members of the world's major futures markets and stock exchanges, and the transaction is very convenient!"

Orient Fund Company is not a real investment bank. It is very lucky to be a member of the Hong Kong Stock Exchange. It is impossible to gain fame all over the world.

Therefore, if Orient Fund wants to trade the targets of other securities markets, it must conduct transactions through some large investment banks. Xu Yandeng, who comes from Morgan, is naturally willing to cooperate with them.

Li Weidong nodded to show that he understood.

Li Weidong doesn't care who he cooperates with, as long as the commission is appropriate, no matter how small a mosquito is, it's still meat, and if you can save a little, it's a little bit.

Xu Yandeng walked out of Li Weidong's office, leaving Li Weidong sitting in the office drinking tea.

When Li Weidong first started speculating for [-] million yuan, he was still not sure when the earthquake occurred and its impact.

Now that it has become a fact, naturally it cannot be let go. In fact, Li Weidong does not know how much impact the earthquake will have on the Nikkei Index.

But he knew that Barings Bank went bankrupt because of this, and Barings Bank bought a large number of call options on the Nikkei index and caused huge losses. Since it lost money when it rose, it would definitely make money when it fell.

Thinking about this period of time is really a tragedy in the history of the world's finance. There was 327 before and after the collapse of Barings Bank. The time of the two incidents happened at the same time.

In his previous life, Li Weidong was a melon eater, and he could only sit on the bench in the workshop and brag and chat with his colleagues.

He will not touch 327, but he will definitely do it for the Nikkei index, not because 327 does not make money, but because the Nikkei index is safer and safer.

There is no doubt about which is safe, the world's second largest financial market or an immature small market.

Xu Yandeng raised funds very quickly. The volatility of some bonds and large-cap stocks is very low. There are many buying and selling orders, and you can sell them whenever you want.

Hong Kong Island is a financial free port, and it is easy to exchange currencies. The Hong Kong dollar and the U.S. dollar have maintained a certain exchange rate for a long time. Although it is a Hong Kong dollar, it is actually the same as the U.S. dollar.

Before it was time to get off work, he came over to report to Li Weidong on the progress of raising funds.

It's not that he wants to be so fast, but that he must be so fast. Li Weidong's several shots have proved to be completely correct, and Xu Yandeng is eager to witness this miracle again.

For several days in a row, Li Weidong went out to work in the company early every day.

Find that the positions are saturated, the reserved funds are ready, and you are ready to call for margin at any time.

In the past few days, although the Nikkei index has fallen every day, the fluctuations have not been too large, but these fluctuations have been amplified by leverage, and Li Weidong's book surplus is already spectacular.

In the past few days, Li Weidong has also been beating his heart. More than one billion funds have already entered. If there are other situations in the middle, the amount of additional margin will give him a headache.

The point is that Li Weidong didn't know anything about the trend of the Nikkei after the earthquake. He knew that it was just the earthquake and the bankruptcy of Bahrain Investment Bank.

In theory, as long as BNP Paribas does not declare bankruptcy, it means that the Nikkei will still have room to fall.

The earthquake is already well known. After two days of fermentation, and as the rescue team entered and found more and more bodies, the market's response to the earthquake became more and more accurate.

Thursday's daily average saw a decent drop, but only a little over a percentage point.

On Friday morning, Li Weidong sat in front of the computer and waited for the Japanese stock market to open. He thought that fortunately it was a Japanese stock market. If he were to switch to another country, the jet lag would be too great, and he would be a night owl.

There were no waves at the opening, although it still fell, but the decline was not large, so Li Weidong didn't have much interest.

After looking at the trend of the market with Xu Yandeng for a while, he said, "It's probably the same today, just keep an eye on it yourself, and call me if there is a situation!"

After finishing speaking, Li Weidong left and returned to his office. Zhang Dongshuo hurriedly made a pot of tea.

He didn't know why Li Weidong came to the company frequently this week. Li Weidong didn't have anything to tell him to do.

But according to his observation and analysis these two days, Orient Fund will definitely carry out some big operations.

What does Orient Fund do?

Zhang Dongshuo knew very well that combined with the time when Li Weidong came to the company, he knew that it must have something to do with the stupid financial market.

So during this period of time, he will also intentionally or unintentionally collect some news about Japan's stupid, as long as it is published in the newspaper, he will take it and hand it over to Li Weidong.

Although the boss didn't say anything, he could see the admiration in his eyes, and Zhang Dongshuo worked even harder.

Of course, he didn't know some useful news, Li Weidong already knew it in advance, if he read the news from the newspaper to speculate in stocks, he wouldn't lose his pants.

The market was closed at noon. For Li Weidong, it was not time for meal, so he sat in the office and continued drinking tea and playing games.

But Xu Yandeng came up.

"Chairman, look at this news!" Xu Yandeng took out a piece of paper with excitement and handed it to Li Weidong.

Li Weidong glanced at it. This is the earthquake news announced by the Japanese government at noon every day. This news is today.

Li Weidong didn't care at all, after all, every day, but he was shocked when he saw the number of casualties and estimated losses. This number is more than double the number of yesterday.

What kind of reaction can be foreseen in the financial market this afternoon?
"Let's go, let's eat!" Li Weidong didn't care about his minesweeper game, he would succeed immediately.

He has to hurry to eat, and after eating, he has to concentrate on staring at the market.

At 11:00 Hong Kong Island time, the Japanese stock market began trading in the afternoon. Stocks were sensitive to the news and plummeted after the market opened.

Even if there was a slight rebound, it was quickly beaten down, and almost all stocks in the market except for the infrastructure and pharmaceutical sectors fell.

An earthquake could come at any time, so many people died at once, and the risk aversion sentiment was on the rise. Driven by this sentiment, stocks no matter whether they were related to the earthquake or not were falling.

The Nikkei has fallen by 5% and is down around 7% for the week.

In fact, this kind of decline is nothing new for the Japanese stock market. Usually, due to some sharp declines, the market index will fall by more than 10% within a week.

But after the earthquake, such a large drop occurred, which is not meaningful.

"Can it go down again?" Li Weidong looked at the green market, exhaled a puff of smoke, turned to look at Xu Yandeng and asked.

Xu Yandeng was stunned for a moment, he didn't know if Li Weidong meant to ask him for an exam or a real consultation.

If the exam is better, it is good to be right, but if it is wrong, there will be no great loss. At most, the leader will criticize a few words.

If it is a consultation, it means that his answer will have some impact on Li Weidong. If there is a problem with the operation and the loss is caused, then he will be responsible.

　I asked for leave yesterday, and I will make up a chapter today, and another chapter in the evening!
　　
　
(End of this chapter)