God-level Trader of Rebirth

Chapter 73

"How can the company have money to save the market now?"

"The previous several rescues have already lost 7 billion."

"Will the company survive if it continues like this?"

"The matter of bailing out the market can be handed over to the Hong Kong government. What is our small private equity involved in?"

"Yes. I am worried every day."

The conference room was in chaos, with various reasons, but in summary, we firmly oppose Chen Weidong messing around again!
Now that the economic situation outside is so bad, almost everyone thinks that we should be more conservative, cash is king, and don’t be restless if you have a little money. If this continues, the company will end sooner or later.

"Who said the company has no money?!"

Chen Weidong scowled angrily with a straight face.

Everyone in the conference room looked at each other, staring wide-eyed.

Chen Weidong took two steps forward, sat down again, and then said slowly: "The funds we have used this time are unprecedented. I hope you people can show me some real skills."

"Mr. Chen, how much money does the company have?" Lin Hai from the risk control department asked cautiously.

You have to have money to save the market, otherwise it is just empty talk.

"Not much, just over 1000 billion." Chen Weidong said lightly.

"Oh, it's only over 1000 billion"

"what?!"

"More than 1000 billion?!"

"Mr. Chen, are you joking?" Feng Yiwen said with his eyes wide open, a little horrified.

Do you think you are Lin Jiacheng?

It’s still 1000 billion. It’s not bad that the company can come up with 100 billion now!
Since the asset ratio of each department of the company is separate, Feng Yiwen, as the company's trading director, does not know how much money the company has.

He once guessed that the company should have made a lot of money last year, but he never dared to think that there would be so much money!
"No, no, Lin Jiacheng can't come up with 1000 billion in cash!" Lin Hai immediately retorted.

The businessman said that he has assets of 1 million yuan, but he may not even be able to come up with 500 million yuan in cash. This is normal and common.

Although Lin Jiacheng is the richest man in Xiangjiang, most of his assets are real estate, and he will definitely not be able to get 1000 billion in cash.

It is impossible for the Yellow River Group to have so much cash flow, unless it sells some fixed assets, it is still possible to make up.

"I said yes, and there is. If you don't believe me, you can ask Director Li." Chen Weidong tapped on the table lightly and said.

Li Xi'er smiled knowingly, and said, "Everyone, I'm in charge of the finances. It's true that there are more than 1000 billion. This money was earned by attacking various currencies during the financial turmoil in Southeast Asia."

"Sigh~~~~"

"There is really so much money?!"

"No wonder the general manager is so arrogant, it makes sense"

Everyone in the conference room was so shocked that their scalps were numb. The real rich man is beside us? !
Great!
"Mr. Chen, you are the biggest short seller, right?" Lin Hai asked weakly with a strange expression.

shuh~
As soon as this word comes out.

The meeting room fell silent instantly, and even the breathing rate of some people could be heard clearly.

Everyone looked at Chen Weidong faintly. Their expressions were complicated, including shock, joy, disappointment, and dullness.
"Ahem, you guys are overthinking. I just predicted who Soros would short, and followed them with leverage." Chen Weidong was stared at by so many people with strange eyes, and suddenly explained a little awkwardly road.

Oh ~
It turned out to be like this~

Everyone nodded as if suddenly realized, not sure if they really understood or pretended to understand.

Afterwards, they all agreed very tacitly not to discuss this topic again.

With 1000 billion in the back pocket, the atmosphere in the conference room is obviously much more relaxed. Everyone is talking and laughing, and they are not so resistant to the bailout.

The boss is willing to use all his wealth to make a big gamble, so what reason do these "poor guys" have to shrink back?

Moreover, Chen Weidong also explained to them that this is the company's last bailout, and I am afraid there will be no more in the future.

A truly well-developed market does not need to be rescued.

Unless, it catches fire.

"Since everyone has no objection, let's implement the plan I said." Seeing that the discussion was almost over, Chen Weidong directly announced the adjournment of the meeting.

"Awei, then what am I doing?" Chen Jie saw that everyone was busy, and he always felt uncomfortable when he didn't do something.

"Do what you like to do." Chen Weidong smiled and patted him on the shoulder.

Then, he turned around and walked quickly to the office.

Li Xier hurriedly followed.

Now she is a little follower, and Chen Weidong asks her to be inseparable.

The reason is also very reasonable. He needs someone to run errands to convey some things.

"What do you like?"

Chen Jie was a little puzzled, looked around, and inadvertently caught a glimpse of the crowd outside the French windows.

Suddenly his eyes lit up.

We must believe that every time people launch a new financial instrument, their starting point is good.

Just like the stock market, it was born to provide companies with a financing channel.

And what companies return to shareholders is dividends.

Another example is the introduction of futures, which is to protect the continuous supply of agricultural and mining products, improve the performance rate, and meet the needs of life and production.

When stock index futures were launched, they were also full of goodwill.

Its appearance is to restrain the speculative investment of stockholders, balance the violent market turmoil, and protect the legitimate rights and interests of ordinary stockholders.

Its basic principle is to take the average price of dozens or even hundreds of stocks that are the most representative and have the highest weight ratio in the stock market as a stock market index.

According to the agreement, the buyer invests in the futures market, which is a contract based on the stock index of the day.

Every index fluctuation of 1 point will be multiplied by a multiple amount as the amount of gain or loss.

Futures adopt a margin trading system. You only need to pay a certain percentage of margin to trade. You don’t need to buy a lot like stocks.

The margin system has greatly improved the utilization rate of funds.

Therefore, when the stock market falls, stockholders can use the reverse purchase of futures contracts to maintain value.

Investors buy and sell Hang Seng Index futures, which is to buy and sell the rise and fall of the Hang Seng Index in a certain period of time in the future.

The price of each Hang Seng Index futures contract is the Hang Seng Index of the day, multiplied by 50 Hong Kong dollars.

For example, the Hang Seng Index is now 6666 points, then the price of a futures contract is: 6666×50=333300 yuan.

Due to the futures margin system, you do not need to pay the full amount to buy this contract, you only need to pay a certain amount of margin according to the proportion.

At present, the margin ratio of HSI futures is about 7%.

That is 333300% of HK$7.

23331 Hong Kong dollars, you can buy a futures contract.

For every one point drop in the Hang Seng Index, the buyer of the futures contract loses HK$50 per contract, and the seller earns HK$50 per contract.

According to this calculation, if Soros sells a Hang Seng Index futures due on August 10000 when the Hang Seng Index is at 8 points.

Then he tried his best to knock down the Hang Seng Index to 6000 points, and Soros bought the contract to close the position, and he could make a profit of 20 yuan.

If he has 20 contracts in his hand, the return is [-] billion yuan.

Such a high return naturally made Western hot money try their best to suppress the Xiangjiang stock market at all costs.

(End of this chapter)