Chapter 32: Finalize the Leverage!

"20 times leverage!" Manager Hua next to him also exclaimed.

The principal of 360 million is enough to leverage 7200 million in funds. If there is a 5% loss, Zhang Fan and others will lose half of their funds!
"Yes, 20 times," Zhang Fan replied, blowing out a smoke ring.

"Mr. Zhang, do you really want to buy all the international crude oil with 20 times leverage?" Levinson asked in confusion after calming down.

At present, the price of international crude oil market has calmed down and is not as volatile as in the past two years. The profit from buying international crude oil is not as profitable as randomly choosing a stock in the Hong Kong stock market.

"Yes, we are speculating in international crude oil futures. I wonder if your company can provide you with a 20-fold leverage?"

After hearing this, Levinson did not think any more about it. His company could force liquidation by using leverage. Besides, even if these people lost all their money, it would not be a problem for him. The performance of his department was guaranteed. He just thought that Zhang Fan and others were the local rich guys from the north. Levinson had seen a lot of such people.

At the moment, there are indeed quite a few mainlanders who are ambitious and think that the stock market is a place to make money. Those who come here are those who feel that they cannot make enough money in the mainland market and want to come to Hong Kong to make money. However, in the end, they end up having a home but cannot return home. They have to spend dozens of dollars and give a red envelope to the police to apply for a Hong Kong residence permit, and then go to work on a construction site.

Levinson also had some understanding of the mainland market. At present, mainland stock trading all relied on two counters in Shanghai and Shenzhen. Real-time stock information was all written manually, and sometimes it had to be erased immediately before people finished writing. Seeing Zhang Fan so determined, he was too lazy to say more.

It can be assumed that Zhang Fan and others look down on the Hong Kong market and want to venture internationally. The fluctuation of international crude oil is not large. Once they see the reality clearly, it will not be too late for Levinson to speak out.

After thinking about it, Levinson was no longer curious, nodded and said, "Mr. Zhang, I can give you 20 times leverage with my authority. If Mr. Zhang is so sure, I can give you up to 25 times!"

After saying this, Zhang Fan was secretly ecstatic, while Manager Hua next to him was hesitant to speak.

"That's great! Thank you Mr. Levinson for your kindness. Please help us apply for a 25x leverage!" Zhang Fan also immediately finalized it. This is 5 times more, which means nearly 1800 million Hong Kong dollars more.

What he knew was that in the early days of 89, due to the earthquake, the oil pipeline in England burst, and several offshore oil field platforms were affected and exploded. Zhang Fan was sure to take advantage of this wave.

"Okay, Manager Hua, please prepare the contract terms. By the way, I wonder if Mr. Zhang needs data on the international futures market. Our company also provides this paid service," Levinson ordered Manager Hua to prepare the contract documents, and then asked Zhang Fan.

"No need, thank you Mr. Levinson for your kindness, and I wish us a pleasant cooperation!"

"It's a pleasure working with you!" Levinson thought that Zhang Fan and the others had the so-called inside information.

The Hong Kong financial market at that time was not actually connected to the international futures market, and the required analytical data was not available. This was the reason why they came to HSBC as an agent. Of course, Zhang Fan definitely did not need data analysis, as he knew the answer. Whether the data was good or bad, it would not have any impact on the answer that would be produced.

At present, individuals who trade international futures can only go to countries such as the United States, Britain, and Japan. The United States and Britain are too far away, and Zhang Fan doesn't want to set foot in those places. They are disgusting.

Hong Kong is just right. Zhang Fan and his team came to Hong Kong because of the sharp drop and surge of the Hang Seng Index in 89. The crude oil futures at this moment are just an appetizer in order to expand the capital pool.

There is no doubt that HSBC has an excellent reputation. It has a huge say in the Hong Kong market and holds the right to print Hong Kong dollars. Many domestic and foreign companies own shares in it. As long as the international crude oil price surges, they will definitely be able to establish a relationship with HSBC. In Zhang Fan's plan, he needs the help of HSBC so that he can have his cake and eat it with minimal hindrance.

Stocks are not just for buying and selling, what is more important is to gain the right to speak, or to get the rights to share.

Afterwards, Manager Hua brought a standard contract, and the two parties negotiated on the commission, various book renewal fees, and leverage returns. For some reason, Levinson took the initiative to reduce the commission to the lowest level. Both parties were happy and finally signed a three-week agency contract with HSBC.

"Director Levinson, why did you give them 25 times leverage and set the commission so low?" Manager Hua finally couldn't help but ask after Zhang Fan and others left. "Xiao Hua," Levinson took a sip of coffee and said slowly, "What kind of fluctuations can the international crude oil market have? There will be almost no fluctuations, right!"

"Yeah, then why is the supervisor?"

"I know the market in the north. Judging from Mr. Zhang's accent and the way he dresses, he must be from Shanghai. The big investors in the stock market there like to stick together and call themselves fleets!"

"Just think about it, when they find out that they can't make money in the international crude oil market, what will happen if we give them a hand?"

"Manager, you are wise!" Manager Hua also realized that international crude oil futures are almost risk-free, and of course you can't make much money.

"I now hope that the international crude oil futures will fall further!" At this moment, Levinson's eyes were full of desire, like a jackal seeing meat.

After going out, he reunited with Commander Cai who was playing with Teng Teng, and got on a taxi back to the hotel. Da Jin Ya was shocked and confused when he heard what he heard in the office, and finally couldn't help asking questions.

"Uncle Zhang, our capital of 360 million will be multiplied 25 times!" Big Gold Teeth flipped the agreement in his hand over and over again.

"Mr. Zhang, that's 9000 million Hong Kong dollars!" Commander Cai also spoke with a look of shock.

"Is crude oil so profitable? How much money can we make in three weeks?" Big Gold Teeth was a little confused.

"Of course! But"

"Master Zhang! Please tell me! Don't keep us in suspense." Big Gold Teeth was so anxious that his face turned red.

"It won't take three weeks, maybe two weeks, maybe one week, or even tomorrow or the day after tomorrow, and I guarantee that your money will have more zeros."

After saying that, Zhang Fan hugged Teng Teng. The little girl was tired from playing now. She felt comfortable drinking Vitasoy and eating. She yawned in his arms.

The two people behind also gasped. Commander Cai snatched the contract from Big Gold Tooth's hand and read it page by page. He remained silent for a long time, but veins on his hands appeared.

The taxi dropped them off at the hotel entrance, and then they started to complain, "This mainlander is really bold! The international crude oil price has skyrocketed!"

How hot is the stock market in Hong Kong? Simply put, everyone has traded in stocks. After the master went back, he tossed and turned in bed at night, scratching his ears and unable to sleep. He was itching to think about it after hearing what Zhang Fan and others said. In the end, he took out the money he had saved for buying a house and called his relatives in the United States, but that's another story.

At this moment in the hotel, Da Jin Ya and Commander Cai were staring at the ceiling with red eyes and couldn't fall asleep. Stamp Li, who was far away in Shanghai, was also staring at the night view of the Bund one by one.

Only Teng Teng went to sleep happily after listening to the story. She didn't have to sleep in a separate princess bed in Hong Kong. She felt so comfortable hugging her daddy. But she woke up with a pout after a while because Zhang Fan entered the abandoned city again.

 Thanks to Fat Earl, Digital Book Friends, A Windmill, igtheshy, Digital Reader, etc. for their recommendations!

  There are also monthly tickets from Like the Wind, Digital Book Friends, and Brother Moushi.
  This is my first time writing a story and it has made it into the top 20 of the new book list in the Zhutian category. I am so satisfied. Thank you everyone!
  By the way, new friends, thank you for adding to my collection. If possible, please leave a comment, because I spent 12 yuan.
  
 
(End of this chapter)

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