Rise up Hong Kong!Build a super wealthy Zhuang family

Chapter 8: Buy crude oil futures and continue to borrow money

Around 13.30pm.

With the help of staff from HSBC's New York office, Zhang Fuhua completed all the procedures, including helping Zhuang Rongxu open an account and deposit funds.

It will officially arrive at around 13.40:[-].

"Zhuangsheng, I want to confirm with you again that I have purchased crude oil futures for the full amount of my account. Are you sure?" Zhang Fuhua asked Zhuang Rongxu seriously while sitting in front of the phone.

"Yes, confirm, let's do it."

"Okay, confirm the crude oil price on the 2nd."

"The receipt will be opened immediately on the 3rd."

"Prepare information when conducting transactions on the 4th."

"I'll contact the trading center."

Zhang Fuhua, who was in working mode, didn't look like a newcomer at all. He ordered others to work in a decent manner, which made Zhuang Rongxu feel at ease.

The other three were staff from HSBC's New York office. They came to help Zhang Fuhua. Zhuang Rongxu had no objection to the arrival of these people.

After all, they are not from Xiangjiang, so there is no need to worry that they will spread the news.

"008356 barrels of order number 2 can be traded, the price is US$14/barrel, the total price is US$28, confirm the transaction report."

A few minutes later…….

"The price of 008356 barrels of crude oil futures with order number 2 is US$14/barrel, and the total price is US$28. The transaction was successful and the funds have been received."

"Good, let's move on to the next transaction."

"009645 barrels of order number 4.6 can be traded, the price is US$14/barrel, the total price is US$64.4, confirm the transaction report."

A few minutes later again….

"The crude oil futures price of 009645 barrels of single number 4.6 is US$14/barrel, and the total price is US$64.4. The payment has been deducted and the transaction was successful."

"Ness..."

"Order number 009655..."

As Zhuang Rongxu's transactions were successful, his funds soon began to be consumed quickly.

"Sir, someone in the market is selling 100 million barrels of crude oil futures at a price of 13 yuan. The condition is that they cannot be split and sold separately, and they must be purchased in full."

"100 barrels?"

Zhang Fuhua turned around and looked at Zhuang Rongxu after hearing this.

When Zhuang Rongxu heard this, he was counting in his heart. One million barrels cost 100 U.S. dollars per barrel, which is a full 13 U.S. dollars. He could eat it all.

He could only shake his head helplessly: "I don't have that much money, so I can't afford it."

"Sir, if it is a funding problem, you can apply for a loan from HSBC using crude oil futures as collateral. I believe that the amount in your current account is not much different, and HSBC will provide you with a loan."

"Pledge the crude oil futures to HSBC and give me the loan?" Zhuang Rongxu repeated in surprise.

He really hasn't thought about this. After all, his own principal is only 1 million Hong Kong dollars, of which 9 million is all guaranteed by HSBC's leverage.

Therefore, he did not know whether HSBC would provide him with a loan in this form of mortgage.

He didn't understand this matter, so he could only look at Zhang Fuhua, hoping that he would respond.

"Zhuangsheng, HSBC does have this business, but since most of your funds are crude oil futures purchased with leverage margin, 90% of these futures need to be mortgaged to HSBC during this period."

"Therefore, I cannot guarantee whether the remaining 10% of crude oil futures used as collateral will be approved by HSBC, and I cannot guarantee how much it can be approved."

"Now the account has more than 600 million US dollars minus the more than 1000 million US dollars used just now. This order requires 1300 million US dollars, and the margin is less than 300 million US dollars. You can give it a try."

After hearing what Zhang Fuhua said, Zhuang Rongxu nodded naturally: "Then you call HSBC immediately. I am willing to mortgage all crude oil futures for a loan of US$300 million at HSBC."

"Okay Zhuang Sheng, I'll contact you right away."

For Zhuang Rongxu now, as long as he can be given a loan, not to mention US$300 million, he would dare to ask for even 1000 million or even more.

The best thing is to give him [-] million, so that he can earn enough money to develop his business empire during this oil crisis.

With the crude oil futures in the current market so large, tens of millions of barrels of goods can be traded. Even if his capital is US$10 million and [-] times leverage, it is enough for him to purchase.

Therefore, Zhuang Rongxu is not afraid that HSBC will lend him money, and he will accept the loan in full regardless of the amount.

He will definitely not miss such a rare opportunity. If he misses this opportunity, he will have to wait until the R dollar in Tokyo appreciates in 85 to have this opportunity to harvest the stock market.certainly.

During this period, Zhuang Rongxu also knew that many listed companies would have good fortunes, and he could also use these opportunities to make money and earn more funds for him.

In the 80s, there was a golden opportunity in Xiangjiang. None of them, including Lord Bao, Li Chaoren, Li Zhaoji, and Zheng Yutong, officially started their business and established a business empire in the 80s.

Although these people had improved during the 70s, at that time they could not afford tens of billions of dollars. This amount of money was not bad in Hong Kong.

But if you walk out of Hong Kong with a fortune of tens of billions of Hong Kong dollars, it will not be enough. It’s not that Zhuang Rongxu looks down on them. The rich in Hong Kong in 79 are compared to the real rich in Tokyo, Bangzi, the United States, Europe, even Taiwan and Singapore. , they can only be regarded as small fish and shrimps.

Therefore, Zhuang Rongxu had no intention of targeting Hong Kong's wealthy people from the beginning of his plan. He wanted to be in line with the super families in Europe and the United States such as Rothschild, Morgan, DuPont, and Rockefeller.

Who said that only country R in Asia has real plutocrats? He wants Xiangjiang to have one too, and not the kind that calls itself a plutocrat, but a plutocrat that is truly recognized by others.

At this time, Zhang Fuhua is here.

Although it is now past 1 o'clock in the morning in Xiangjiang, Zhang Fuhua is also talking directly to Shen Bi, the senior manager of HSBC Bank.

HSBC has a policy that no matter how late the time is, you can contact us as long as you have serious business.

So Shen Bi is no exception.

"Yes. Boss, this is indeed the case, and the agents in New York can also witness it."

Zhang Fuhua initially contacted the investment department Chen Zhiming directly. Based on this situation, it was impossible to lend such a large amount of money to Zhuang Rongxu.

But he didn't want to reject Zhuang Rongxu and make his brother-in-law unable to do this big business.

Therefore, he directly called Shen Bi, the senior manager of HSBC Bank, and asked Shen Bi to approve it in person on the pretext that Zhuang Rongxu was a test stone for oil investment.

After all, Shen Bi is very concerned about the changes in the oil market, so Chen Zhiming will not blame him if he is dead. If this was such a small matter, Chen Zhiming would definitely not contact Shen Bi.

Shen Bi was silent for a while on the phone before slowly speaking: "Do you think the price of oil will really rise?" Shen Bi asked the agent in a rare moment.

This kind of thing would never happen in normal times. Even if Shen Bi really didn't know, he wouldn't ask an HSBC employee like this.

It can be said that it damages his image as a general manager.

Hearing the boss's question, Zhang Fuhua on the other side of the phone was stunned for a moment and quickly reacted.

"Boss, to be honest, I think oil prices will rise. Before that, I carefully studied the issues there and believed that the negotiations between Iran and Iraq were just a cover."

"With Iran's usual style, it is impossible for him to just give up after being beaten. Boss, think about it, Iran does not hesitate to choose to fight against an enemy as powerful as the United States. Facing an enemy with the same combat power, do you think he will just let it go? Yet?"

"At the same time, on the Iraqi side, his purpose is obviously to control Iran's oil fields. Therefore, the purpose of both sides is very obvious, and war is inevitable."

“As soon as the fighting starts, the oil supply from these two places will definitely stop. The volume of oil barrels exported from these two places accounts for at least 30% of the world’s oil exports. Such a large volume will definitely directly affect the rise in oil prices. "

"Boss, this is my personal opinion. It is for reference only and does not represent authenticity."

Zhang Fuhua expressed his views in one breath. Although he was calm when speaking, he was actually very nervous inside.

After all, the person on the other side of the phone is the biggest boss of Hong Kong and Shanghai Banking Corporation.

In normal times, even the small supervisors of general departments would rarely talk to him, and it was even more impossible for a little shrimp like him to talk to him, let alone have the opportunity to analyze the market with him like now.

This is a good opportunity for Zhang Fuhua. If his words come true, then he believes that he will definitely be valued by Shen Bi.

How could this not make him nervous and expectant?

And Zhang Fuhua's words really made Shen Bi on the other end of the phone think seriously.

Personally, he thinks Zhang Fuhua's opinions are very accurate. He had not thought of these issues before, but now that he thinks about them, they are indeed very reasonable.

Shen Bi was silent for another moment...

"OK, approve the funds to the customer, and I will contact Manager Chen of the investment department. Your name is Zhang Fuhua, right? You are great. If the oil market is like your analysis this time, then I will promote you. Come on."

Hearing Shen Bi's words, Zhang Fuhua, who was on the phone, could not control his excitement.

"Thank you, boss."

"OK, that's it, goodbye."

"Goodbye, Boss."

Zhang Fuhua put down the phone and walked over to Zhuang Rongxu excitedly, wanting to tell him the good news.

(End of this chapter)