my life reset

Chapter 659 Little Dow Futures

Chapter 659 Little Dow Futures
The next day, Populus euphratica returned to the deep sea from Xiangjiang.

He stayed in Xiangjiang for 10 days this time, during which time he did not go home. Li Guixiang, Hu Zhiguang and Hu Yue have been here for three days.

"Yang Yang, you can do it. Xiangjiang is so close, and you don't go home for ten days. I said, is there something wrong with you outside?"

In the afternoon, sister Hu Yue took a chance and pulled aside Hu Yang, who had returned home from get off work early.

It's no wonder that she is suspicious. She has heard a lot about what kind of tunes rich men like nowadays.

"Sister! Where are you thinking? I stayed in Xiangjiang for ten days this time, and it has something to do with US stocks. I have to get up in the middle of the night to watch the market, so I don't have the energy to run back and forth."

Hu Yang smiled, he did not do anything wrong, so of course he answered with confidence.

He has been paying attention to the economic situation in North America recently. In his eyes, the data on the bonds of the two companies and Lehman Bank are very bad, and the possibility of thunderstorms is increasing.

The subprime mortgage crisis began with the detonation of the bonds of China and Freddie, and swept the world with the collapse of Lehman Bank.The financial market in North America is naturally deeply affected.

Hu Yang bought put warrants for stocks and shorted ETFs for the Dow Jones Industrial Average based on this judgment.

"It's best to have nothing to do! Yang Yang, Chunchun is a good wife and mother, you have to be worthy of her. Well, I won't say more, if I say too much, it will make people hate me."

Hu Yue was dubious, and stopped the conversation in a timely manner.My younger brother is a very assertive person, no matter what it is, it is enough to remind myself once, she will not be endless.

"Sister, why don't you stay for a few more days when you come here? Why did you hear that you are going back to Yangcheng tomorrow?"

Hu Yang would definitely not be angry with his sister, he changed the subject very cooperatively.

"I can't go back, Xiaoxi and your brother-in-law are at home."

Hu Yue now spends a lot of time cultivating Xiaoxi. She is a rich woman, and the real estate in her hand is increasing in value quickly with the heating up of the property market.

She is a real billionaire woman, and every day she lays still, a large sum of money falls on her head.

Fortunately, she and Ge Hongbing have a good attitude towards life. Ge Hongbing is in charge of the "White Angel Fund", and Hu Yue also participates in some public welfare activities from time to time, and she doesn't let herself live like a fool waiting to die.

In the evening, the family had a happy meal.

Li Guixiang and Hu Zhiguang have been flying around Xiao Yi since they arrived in the deep sea.As for the sons who had to stand aside, this made Hu Yang feel a little dumbfounded.

After a good rest for most of the day, Hu Yang started a routine inspection from the next day.

He stayed in Shanghai for half a year, and went to Xiangjiang non-stop after he came back. It has been a long time since he went deep into various companies to do research.

As the head of the Huijia Department, if the daily work is just to read and sign reports, it is very dangerous.

The first stop, Hu Yang came to Mingkang Communication.

"Mr. Hu, you are a rare visitor. Tell yourself, how long has it been since you came to the company? Come on, let's go to the conference room, and I will ask the heads of various departments to report to you about the company's production and operation."

It was not Gao Mingkang who greeted Hu Yang downstairs in the company, but Lu Yali, who had stayed in Europe all the year round, which surprised Hu Yang somewhat.

Before he came, he just asked Wu Xinhui to make a routine call. The head of the administration department who answered the phone didn't mention it at the time.

"Sister Lu, are we two rare customers? When will you come back, don't call me and tell me."

Hu Yang smiled and shook hands with Lu Yali before following her to the conference room.

Lu Yali is both a partner and a friend of Populus euphratica.The two met from Xijiang to the establishment of Mingkang Communication, and experienced many things during the period.

In the past few years, Lu Yali has been away all year round, and the two of them have rarely met each other.

However, at this time, the two of them couldn't care less about reminiscing about the past, as there were not many people standing in the conference room.They are the heads of various departments of the company, and today they are responsible for comprehensively reporting the company's situation to Hu Yang.

"Everyone, please sit down. Everyone knows Mr. Hu, and those who haven't seen it should have heard of it. I won't introduce it here. Next, everyone will report on their work one by one. Let's start with finance."

Lu Yali let Hu Yang take the main seat, and then got into the topic.

At present, the main business of Mingkang Communication is still concentrated in communication products.In particular, the construction of base stations and 3G networks accounted for most of the company's revenue.

Another important business is smart phone and chip design. The mobile phone business accounts for about 25% of the company's total revenue.

"We have calculated that Mingkang Communications' revenue this year will exceed 1000 billion yuan, and its net profit will exceed 100 billion yuan."

The chief financial officer finished his report and sat down.

Hu Yang couldn't help clapping his hands a few times, applauding the company's achievements.

The revenue of over [-] billion yuan is an important symbol, which means that Mingkang Communication has truly stepped into the ranks of international giants.

Next, the heads of various departments continued to speak and report to Populus Hu Yang on various tasks.

In general, the development of Mingkang Communication has entered the fast lane.It may not take many years for the company's revenue to exceed 5000 billion yuan.

In the field of chip design, the company has completed the independent design of a series of chips such as mobile phone chips, radio frequency chips, and baseband chips, and has been greatly recognized by the market.

At present, all smartphones of Charming Electronics and Mingkang Communications use the company's chips.Some domestic manufacturers have also adopted the chip products of Mingkang Communication. In the world, Mingkang Communication is not inferior to the existence of GT company in the slightest.

"I was very encouraged after listening to everyone's speech. The company's development is good, and the investment in technology research and development is sufficient. Thank you for your efforts."

After everyone finished reporting, Hu Yang recognized everyone's work achievements.

"However, the company still has a lot of room for growth in terms of smartphones. To be honest, with the company's technical strength, the market share of smartphones should be much larger, but the reality is not satisfactory. I hope the company can pay attention to this problems and make improvements.

Mr. Lu, why not?Let’s go to the various departments later.”

Populus euphratica is not picking on faults. The domestic sales of Mingkang Communication's smartphones have always been tepid.

The response in the European market is good, but it is only on par with fruit companies, and the market share has not made a new breakthrough for a long time.

"Okay, let's go down and think about Mr. Hu's request. We have the strongest domestic technical strength in smart phones, but our market share is not the largest. I hope everyone can find a solution to the problem. The meeting is over."

Lu Yali announced the end of the meeting, and everyone walked out of the meeting room one after another.

"Mr. Hu, go to my office for a while, or go to various departments directly?"

There was a smile on Lu Yali's face again. In Mingkang Communications, many people were more afraid of Lu Yali. Maybe she was more mysterious and spent less time in the company throughout the year.

"Let's go around first, let's have dinner together at noon, what do you think?"

Hu Yang hesitated for a moment, if we had dinner together, of course it would be better in the evening, at least we could have a few drinks.

However, his parents were still in the deep sea, and he had left them in Xiangjiang for several days before, and didn't go back to eat at night, which was not very good.

Lu Yali took a serious look at Populus euphratica, and smiled sweetly:
"Let's not be polite, you can do your work if you have something to do. When you are free these days, we will have dinner together one night. I just want to have a good chat with you."

Lu Yali has always been a smart woman, and she got a lot of information from Hu Yang's words.No matter what the reason is, Hu Yang seems to be very busy recently, so the meal can be delayed for a few days, there is no need to rush to make a formality at noon.

"Alright, I'll buy you a drink in a few days. However, you still have to eat lunch. If I come to your place, you won't even care about the meal, right?"

Hu Yang didn't take it seriously either. Given his relationship with Lu Yali, he naturally wouldn't place too much emphasis on form.

Accompanied by Lu Yali, Hu Yang started the inspection of various departments.He had a working meal with Lu Yali at noon, and he didn't finish today's Mingkang communication trip until the afternoon when he got off work.

In the following week, Hu Yang inspected the headquarters of Charm Semiconductor, Charm Electronics, Ark Computer, Huijia International Investment (Deep Sea) Company, and the factories of Xintong International, Charm Semiconductor, and Dongfang Technology in Shenhai.

In general, the situation in all aspects is quite good.The entire Huijia Department seems to be thriving, and there is no decline under the suppression of individual companies in North America.

"Boss, the U.S. stock market has fluctuated slightly during this period of time. The Dow Jones Industrial Average, after breaking through 14000 points, returned to around 13800 points again. And Amazon's share price peaked and fell below $100. As of yesterday The closing price was $87.77."

On this day, Yu Hongbo came back from Xiangjiang to report the situation of US stocks to Hu Yang.

According to the feedback from North America, the current market generally believes that the economic fundamentals of North America have not changed, and the U.S. stock market has only entered a phased correction stage. After the adjustment is completed, the U.S. stock market will continue to hit new highs.

Hu Yang sold 4000 million shares of Yamaxun this time, and he will not be under great pressure to cover in the future, unless he misreads the market trend.But even if it is wrong, it is nothing more than a loss of subsequent profits, and there is no problem of loss.

For the put option purchased, the biggest loss is only the premium of 2.3 million US dollars, and Hu Yang doesn't care about this loss.

The big one now is the $30 billion Dow triple-short ETF (the target is the Dow Jones Industrial Average), which is bought. Although it is leveraged three times, it is not unlimited risk.

Calculated from 14000 points, if the Dow rose by 10%, the ETF bought by Hu Yang would lose 30%.About one-third of the Dow's rise, Hu Yang's 30 billion US dollars will lose 100%.

Unlike stock index futures, ETF is the same as buying fund shares, and it is not a payment guarantee for enlarged trading.In other words, theoretically, the ETF bought is worthless, and the maximum loss is only 30 billion U.S. dollars.

Today's Populus euphratica no longer gambles on high returns with unlimited risks, because it is unnecessary.

At his level, the first thing that comes to mind must be risk control.On the premise that the risk is controllable, he will go for it.

"Old Yu, let's leave these positions as they are. After you go back today, start buying Dow futures at night and open short orders. Well, first buy 100000 lots."

Dow futures are divided into two-month large Dow futures contracts and small Dow futures contracts.

A large Dow futures contract, with each point of the index moving up or down by $10.For the small Dow futures contract, each point index rises and falls is $5.

The Dow futures mentioned by Hu Yang and Yu Hongbo refer to the small Dow futures contract.Because the "Broadway Index" has a small trading volume, while the "Little Dow Index" has active transactions.

According to the current Dow 13800 point calculation, each small Dow futures contract is 6.9 U.S. dollars, and the margin required to pay is only 500 U.S. dollars.

This is simply a leveraged transaction magnified countless times, and the risks involved are enormous.Without continuous margin calls, there is a risk of liquidation at any time.

After Yu Hongbo went back, he began to transfer 10 billion US dollars to the futures account at night.

Today, U.S. stocks began to rebound, and the Dow rose all the way, breaking through 14000 points intraday.According to Hu Yang's order, Yu Hongbo and his team opened a short order at 14000 points and bought 50000 December Dow futures contracts.

Not counting fees, the deal paid a total of $2500 million.But what is the total value of these Dow futures contracts?It is 35 billion US dollars.

The ratio of the margin is only about 0.714%. That is to say, if the trend is wrong and the Dow rises by 100 points, all the margin in the account will be lost.Margin call or lose it all, there is no second choice.

Therefore, it is not wrong to say that futures are small and rich, or they will be rich and powerful, or they will die on the streets.

In the next hour, the Dow traded sideways at a high level, always oscillating between 13980 points and 14079 points.Yu Hongbo issued an order again, and bought 14000 Dow futures contracts (empty orders) at 50000 points.

Today's task has been completed, 10 Dow Futures short positions have been opened, and a total deposit of 5000 million US dollars has been paid.

The total value of the corresponding Dow futures contract is 70 billion US dollars, and the remaining funds in the futures account are 9.5 million US dollars.

Of course, the money is used for margin calls, and it will not be moved again until the Dow futures contract is closed.

deep sea.

Hu Yang and Tian Sichun went to bed early at night, and when they slept until four o'clock at night, Hu Yang woke up suddenly.He looked at his watch, then quietly got up and got out of bed.

"A Yang, what time is it? Why are you getting up before dawn?"

Tian Sichun seemed to be half awake, his voice revealing a trace of laziness.

"Go to sleep, it's still early. I can't sleep because of something, don't worry about me."

Hu Yang gently helped Tian Sichun cover the blanket, then left the bedroom and came to the study.

Afterwards, he dialed Yu Hongbo's phone number.

"Boss, it's so early? Are you awake or awake?"

In Yu Hongbo's tired voice, there was even more excitement.

This is the way to do Dow futures. Today, he established a total of 10 Dow futures short contracts. Every point of fluctuation in the Dow is 50 US dollars, which is exciting to think about.

(End of this chapter)