Metropolis: I Can Inherit Wealth
Chapter 27
Chapter 27 : Oil sold out, .2 billion!
Lin Feng, who drove the Koenigsegg ONE1, met Mo Xinya as soon as he returned to Villa No.1 in Jiankang Garden.
“Boss, Yan University has sent you a letter of admission!”
Mo Xinya hurriedly greeted her.
“Let’s put it on my desk first!”
Waving his hand, Lin Feng handed her the key, turned upstairs, and prepared to take a bath.
Today’s car is simply thrilling and exciting. He who lingered on the edge of death was soaked with sweat all over his body. If he didn’t take a shower, he would be a scent.
Today is August 20, 2018. The changes in international soybean futures have completely detonated the market. The Quantum Fund sold all-out oil in advance, and oil prices have also soared.
Early in the morning, the four groups of financial staff in Villa No. 2 hung up all the oil they had purchased.
Looking at the high-hanging oil list, Ma Zheng and others were full of thick smiles.
As long as this wave of oil is all released, their 5 billion U.S. dollars will become tens of billions, and they will have more capital to enter the international gold market.
One minute and one second passed, and the four groups of listed oil lists were disappearing, which means that those lists were all bought by others.
Lin Feng, who had just taken a shower, also sat in front of the computer. The difference was that he was observing the movement of the oil market.
The oil price curve is like a rocket. It is climbing rapidly. In just a few days, it has gone from 41 to 52 dollars a barrel. Of course, this is just the beginning.
As of 11 o’clock, the international oil price has reached 58 US dollars a barrel.
At the same time, all the oil in the hands of the four financial staff was sold out.
After deducting transaction fees, stamp duty and other expenses, Lin Feng made a full profit of US$6.2 billion in this wave of oil operations. With the addition of 5 billion original funds in his account, there are now 11.2 billion.
“Hahaha! All sold out!”
In Villa No. 2, Ma Zheng, the group leader, looked at the ample funds in his account, and couldn’t help but laugh. It was another wave of big profits.
“Buzzing!”
At the same time, Lin Feng also received a call from Ma Zheng and others: “Boss, all of our goods have been sold, with a profit of 6.2 billion.”
“good!”
Hearing this, Lin Feng’s face also showed a smile: “Now you can start to do business, 2.5 billion per group, start the 50 times leverage provided by ICBC, Post Bank, Agricultural Bank, and China Construction Bank.”
“In addition, all the excess 1.2 billion will be transferred to ICBC accounts.”
A leverage of 50 times and a principal of 10 billion is equivalent to a capital operation of 500 billion, which is enough to make a big wave in the international gold market.
“Yes!”
Ma Zheng and others immediately followed what he said.
…….
At the same time, there has been an uproar in the international market.
A few days ago, when the soybean market was in the ups and downs, unknown forces purchased domestic futures through the channels of the four major banks, making crazy profits of tens of billions.
Rumors about Lin Feng are circulating throughout the domestic futures market.
Now, when the oil market has risen to a high level, this unknown force is again selling oil orders frantically.
In fact, oil has not reached the true highest level because the Quantum Fund is still absorbing.
Most of the well-known investment companies and private individuals at home and abroad are buying, but they are not as crazy as the Quantum Fund.
It is precisely because of this that Lin Feng’s financial team is even more eye-catching.
Everyone is buying, but they are selling. Isn’t this a tale of the world?
The only possibility is that Lin Feng’s team has already bought oil in front of everyone, so that they can sell it now at very low cost without worrying about profit.
Many people are asking about this force, but they only know that this is an investment company called Fengteng Investment that has only recently registered in the Cayman Islands.
I don’t know who is behind Fengteng Investment.
Relevant personnel estimated the two futures operations of Fengteng Investment. At the beginning of the first soybean market, Fengteng Investment began to buy at the price of 3123, and the funds amounted to more than one billion.
And 50 times leverage is enabled, and the minimum profit is nearly 30 billion RMB.
In the second oil market, it was another low-level buy, with a full US$5 billion. Up to now, everyone does not know how much Fengteng’s specific gains will be.
But this does not prevent them from jealous.
In just half a month, Lin Feng’s futures principal has reached 10 billion US dollars, equivalent to RMB 60 billion.
In fifteen days, his net worth has skyrocketed from a mere 1.2 billion to 780 billion. Not to mention China, even few in the world can match him.
You ask Warren Buffett or Soros to see if they have so much money when they are 18 years old.
Private equity funds and investment companies all over the world also noticed the potential big crocodile of Fengteng Investment in this oil market.
It is really because Fengteng Investment’s actions in this wave of market are too amazing, and even caused unspeakable volatility to the market.
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