Rise up Hong Kong!Build a super wealthy Zhuang family

Chapter 3 Targeting the Crude Oil Futures Market
Hearing Zhuang Rongxu's rhetorical question, agent Zhou Fuman remained very calm, as if he was used to this kind of thing: "Zhuang, is this your first time investing in the stock market or do you have investment experience before?" Zhou Fuman did not answer directly. asked Zhuang Rongxu.

"Does this question matter?"

"No! I'm just asking casually." Zhou Fuman said with a smile.

Zhuang Rongxu didn't understand what he meant.

"Zhuangsheng, because the futures and foreign exchange markets involve transactions in other areas, our bank stipulates that a minimum of US$1 is required to open an account. I don't know how much capital you budget to invest in the market, so I can make an investment plan for you?" "

"Then you can invest $1 and give me an investment suggestion." Zhuang Rongxu answered without thinking.

"1 US dollars?" After Zhou Fuman heard that Zhuang Rongxu really only invested the minimum amount, he lost all enthusiasm.

But after all, Zhuang Rongxu is a guest. No matter how unhappy he is, he does not dare to be disrespectful to his guests.

"Oh! Okay Zhuangsheng, please wait a moment."

"This Zhang Fuhua is my apprentice. His ability and investment vision are very good. He will be responsible for all services in the investment process." Zhou Fuman pointed to the young man next to him.

Now Zhuang Rongxu finally understood that this guy really disliked him for having no money to invest. He was the kind of old-fashioned agent. Now after hearing that he invested 1 US dollars, he immediately changed his face and recommended a new person to follow him.

But this is better. Zhuang Rongxu doesn't want to cooperate with such a veteran agent.

He looked at the young agent and saw that he looked young, as if he had just joined the industry, and a smile appeared on his face.

It would be better for such a person to be his trader. Newcomers don't have more tricks. Anyway, he doesn't need any investment direction provided by the broker, let alone any crazy investment plan they give.

He is reborn as the soul of a future person. He is more confident than anyone in this era to make money by investing in the stock market, so he does not need any bad investment plan provided by a broker.

As long as the newcomer is familiar with stock market operations and can help him handle everything such as trading and trading, he will have his own discretion as to which project to invest in.

"Fuhua, work hard and formulate a successful investment plan for Zhuang Sheng." Zhou Fuman said to Zhuang Rongxu and patted the young man next to him on the shoulder.

"Thank you Zhou Sheng for giving me the opportunity. Please rest assured that I will not let the customers or you down. I will do my best to make profits for the customers." The young agent Zhang Fuhua answered confidently, with excitement on his face. with an expectant smile.

"Sheng Zhuang, I won't disturb you if I have something else to do. Goodbye." Zhou Fuman said and turned to leave.

Zhuang Rongxu did not stop him from leaving. Instead, he raised the corners of his mouth slightly as he watched Zhou Fuman's manager leave.

At the same time, he secretly cursed at him: "You short-sighted person, you will regret it in the future."

Then Zhuang Rongxu looked at the new agent Zhang Fuhua: "Are you new to the industry?"

"Yes, Mr. Zhuang, but you can rest assured. Although I am a newbie, I am very confident that I can make a very good investment plan for you. I will not let your investment fail. Please trust me."

Zhang Fuhua kept his attitude very low and made Zhuang Rongxu very satisfied with his tone. At the same time, while he was speaking, he also looked at Zhuang Rongxu expectantly, hoping that he could hire him.

And Zhuang Rongxu could also feel that the person in front of him was indeed suitable to be his next manager. Only such a person would be easier for newcomers to be manipulated by him.

Manage his stock market funds for him.

At this time, Zhuang Rongxu still kept smiling and nodded to him: "I believe you can do it."

Zhang Fuhua also became excited when he saw clients expressing their trust in him. After all, he was just a newcomer and had never taken over any business alone.

In the past, he had always followed Zhou Fuman, a veteran agent, to learn how to follow up the business, help him, and gain experience along the way.

There was no opportunity or conditions to receive customers alone. Now he finally had the opportunity to do it by himself, and the customer agreed. How could he not be excited?

"Thank you for your trust, Mr. Zhuang. I would like to know, Mr. Zhuang, if you have any investment intentions of your own, or do you need me to introduce various futures products to you, or should I work out an investment plan for you to choose from?" Zhang Fuhua said as he spoke. Entered into working state.

Now he is full of energy and can't wait to convince the customers in front of him to sign a contract with him.

Zhuang Rongxu shook his hand directly after hearing his words: "No, I have my own investment direction, but I can't tell you which product I want to invest in right now. I have to confirm something first." Broker Zhang Fuhua was confused. After taking a long look at Zhuang Rongxu, he slowly asked: "Sheng Zhuang, please tell me?"

"I want to know how many times the leverage I can use if I invest in futures trading at HSBC Bank. I need you to reply to me definitely."

He doesn't have much capital, and with such a good opportunity now, he certainly wants HSBC to give him higher leverage so that he can earn more money.

At present, he needs money very much, otherwise he will not have enough money to acquire the industry he wants in this year. If he misses this industry, he will lose it forever, and he will definitely regret it.

In addition, after Xiangjiang entered the 80s, it was also a period of rapid development, so it needed a lot of money to operate within this year.

In addition to acquiring planned industries, it is also necessary to establish various manufacturing factories, set up research laboratories, etc., which require a lot of money.

Therefore, this world oil crisis is a rare and best opportunity for Zhuang Rongxu to make money. He does not want to miss it. Missing it will mean that he will lose a lot of the industries he needs in his future plans and may even delay his start by a few years.

"Zhuang, do you want high leverage?" Broker Zhang Fuhua asked in surprise, and at the same time he was embarrassed, because ordinary customers at HSBC would default to him using double the leverage principle.

If you want to use high leverage, you must be a big customer or a customer that the bank has cooperated with for a long time, otherwise it will be impossible to get approval from HSBC.

High leverage in this era is not so easy to obtain. After all, the current stock market regulations have not been perfected, and the use of leverage involves high risks.

No matter it is a bank, exchange, financial securities company, etc., they will not easily give ordinary players high leverage, because the higher the leverage, the higher the risk their third party needs to bear.

The use of leverage in this era is very strict. Generally speaking, if you want to use more than ten times the leverage, you must be a powerful and wealthy person.

A person with Zhuang Rongxu's status can obtain ten times the leverage, which is definitely the highest. If he wants higher leverage, he must be approved by the bank, or unless his father guarantees him.

Otherwise, HSBC would never allow him to use higher-level leverage of more than ten times.

The bank won't take the risk for you.

Futures trading in this era is not like using computers in the future, where you can safely withdraw with just a click of the mouse. Bank risk officers can set risk limits for customers using high leverage. When risks arise, the computer will force customers to clear positions and stop losses.

But this is not possible in this era. Even the information on European and American futures and the Hong Kong Exchange are not synchronized.

If there is a change in the price of oil in New York, Xiangjiang won't know it immediately. Traders there need to call and notify.

For example, if an oil crisis suddenly breaks out, if oil prices suddenly rise or fall, Xiangjiang will not know about it immediately. By the time you call to notify us, the market will not know how big the change has been.

The stock market is ever-changing.

Any large fluctuations will have a huge impact. With such a huge information gap, how can any bank provide ordinary customers with high leverage?

Who dares to take this risk?
For example, when Zhuang Rongxu uses ten times leverage, if he invests 1000 million Hong Kong dollars, it will instantly turn into [-] million Hong Kong dollars and put it into the market.

Among them, 9000 million Hong Kong dollars are guaranteed by banks, which means that Zhuang Rongxu wants to go long and buy crude oil futures. Once the crude oil futures fluctuate greatly, they will fall by 10%.

Then Zhuang Rongxu's 1000 million principal is equivalent to gone. If he does not continue to invest funds to fill the position, the bank guarantee will suffer heavy losses.

All this will result in losses for the bank.

Therefore, when the information between Xiangjiang and external exchanges cannot be synchronized, this is the case for any institution and will not provide high leverage to ordinary customers.

You can use leverage if you want.

It must be some very wealthy people who sign a contract and can fill in positions at will. Only when the bank deems it safe will they be given high leverage.

That's why current manager Zhang Fuhua was so embarrassed when he heard that Zhuang Rongxu needed high leverage.

(End of this chapter)