Rebirth 1980: Marrying my sister’s best friend at the beginning

Chapter 630 The trade fair got off to a good start
The entry of Green Brothers to short gold had a huge impact on the New York gold futures market.

No one thought that when the price of gold had plummeted by nearly 150 US dollars from its high, someone would still dare to enter the market and go short at this time.

What's more, what Green Brothers did this time was amazing!

They have been selling a large number of gold futures contracts to the market every day since November 11. From 8 lots on the first day to 1.1 and [-] lots later, the number of sales increased day by day.

At their craziest time, they sold nearly 20 futures contracts in one day, worth nearly US$80 billion.

Such crazy operations confused all investors in the New York gold futures market.

This all-or-nothing gambler-like investment method is certainly very exciting in the eyes of onlookers. However, if the judgment is wrong, Green Brothers, an investment company with a history of nearly a century, may be wiped out in an instant!

However, Reggie Green, who had already made up his mind, didn't care what others thought. After entering the venue, he followed the pre-made plan and executed it meticulously.

After nearly a week of operations, Reggie Green and others finally sold out the 45.6 borrowed gold futures contracts.

On November 11, after all the futures contracts in his hands were sold out, Reggie Green held a small celebration banquet in Manhattan Manor.

That’s right, it’s a celebration party!

Although the net settlement has not yet been completed, due to their crazy selling, the price of the gold futures contract in the New York futures market plummeted again.

The price per lot has now dropped to US$40500, equivalent to US$405 per ounce.

The average selling price of Green Brothers is around US$44500 per lot, which means that so far, they have made about US$4000 per lot, or 45.6 US dollars, or US$18.2 billion.

Of course, there is a gap between the floating profit on the books and the actual settlement funds.

After all, if they want to settle, they have to pay back all the futures contracts of the lending institutions, and then they need to buy gold futures contracts in the market.

Such a large acquisition volume will inevitably lead to an increase in the price of the gold futures contract, so the income cannot be as much as 18.2 billion.

But in any case, shorting gold this time is considered a victory in the first battle, and the next step will be to see the trend of international gold prices.

If the international gold price continues to decline, Green Brothers will definitely make a lot of money. But if the price rises against the trend, the result will be hard to say.

Under such circumstances, a small celebration is still okay!

During the following period, Reggie Green would go to the futures trading market almost every day, keeping a close eye on the rise and fall of gold prices, and be ready to close the net at any time.

Contrary to him, Li Yi did not seem to be worried about the rise in gold prices at all. After assisting Reggie Green to sell all futures contracts, he led Billy Li Yunbao, Zhou Xinghua and others into Nasdaq. Stark.

Li Yi's initial capital was only 1500 million U.S. dollars, but he used 1.5 million U.S. dollars on Nasdaq. No matter which stock he was targeting, he immediately used financial leverage and struck suddenly.

And he has a unique vision, and he will definitely gain something every time he takes action.

In just a few days, the 1500 million US dollars he had on hand turned into 4500 million, more than three times.

The speed of making money was so fast that Billy and others were stunned.

You must know that the Nasdaq market is completely different from the futures trading market. Although there is financial leverage here, the rise and fall of stocks here are not as exaggerated as in futures. The rise and fall in a day is often only a few percent.As a result, the range of losses and profits in the stock market is not large, unlike the overnight fortunes or overnight liquidations like the futures market.

Therefore, there is a consensus in the investment community that steady players play stocks and adventurous investors bet on futures.

But Li Yi is now playing stocks and betting on futures, and he has mastered both. This shocked Zhou Xinghua, Billy, George and others, and at the same time they also admired him more and more.

Unknowingly, Li Yi's prestige within the team is getting higher and higher.
Capital. Eastern suburbs!

While Li Yi was going crazy in the New York stock market, An Hong, Jiang Longcheng, Ye Jianhua and others in the capital were also going crazy.

After Li Yi left, they started preparing for the industrial products exhibition according to the plan they made in advance.

In order to successfully organize this trade fair, An Hong withdrew 10 yuan from Jiang Xue to decorate the trade fair venue and conduct subsequent publicity work.

While the venue was being renovated, An Hong and others inspected the industrial product manufacturers invited to participate in the exhibition. Only those who passed their inspection were eligible to participate in the exhibition held by them.

After more than a month of preparation and inspection, a total of 121 large state-owned factories have passed the inspection by An Hong and others and become official exhibitors.

After confirming the exhibitors, An Hong immediately began to carry out all-round publicity for the exhibition in accordance with Li Yi's request.

They made full use of newspapers, magazines and other publicity positions, and even made TV advertisements on CCTV with Jiang Longyin's help.

In order to distinguish this trade fair from other trade fairs, An Hong and others directly added the word "high quality" to the name when promoting, highlighting the product positioning of this trade fair.

With their unremitting publicity, the National Light Industry Exhibition has already become popular before it even begins.

On November 11th, after one and a half months of preparation, the exhibition officially started!

On the opening day of the exhibition, with Jiang Longcheng's help, they not only invited Jiang Longyin, the district leader, but also a large number of media including CCTV and Beijing TV to build momentum.

And the effect is obvious. On the opening day of the fair, more than 5 people went to the fair to visit and shop.

But when these ordinary citizens arrived at the fair, they discovered that this fair was completely different from the fairs they had attended before.

First of all, the exhibition hall here is unique. Not only has it been decorated inside and out, it gives people a high-end and atmospheric feel.

What's more important is that each exhibitor has a separate booth. In front of their booth, they not only have the products for sale, but also have a detailed introduction to the unit.

The name of the company, which province it comes from, the performance of its products, and its achievements are all explained very clearly.

In addition, in order to successfully organize this exhibition, An Hong also temporarily seconded 200 sales personnel from the Second National Cotton Factory and Yanjing TV Factory.

These sales staff are all uniformly dressed and active in every corner of the exhibition. They warmly receive every citizen who comes to the exhibition and provide the ultimate service.

Citizens who are used to seeing overstocked products liquidation-type exhibitions, who had seen this happen, were all shocked by this novel model.

In addition, the quality of the products exhibited at this exhibition was indeed excellent, and the prices were also quite favorable, so many orders were placed.

On the first day alone, the 121 companies participating in the fair created a marketing performance of 966 million, making a good start.
(End of this chapter)