kingnovel Chapter 328: Risky and aggressive, trading amount is 162 billion US dollars!
Chapter 328: Risky and aggressive, trading amount is 162 billion US dollars!
In midsummer, students and teachers all usher in summer vacation.
Hao Jian and Wang Chu, who had just gotten married, finally took time out for their honeymoon.
They drove east, planning to spend a few days in Yuecheng.
For Wang Chu, this was her first time in this bustling city.
The two held their wedding on the sixth day of the first lunar month this year.
However, because Hao Jian is busy with business and Wang Chu is busy with classwork as a junior high school teacher, they only have time to go on vacation now.
"Honey, if we go to your brother's place, will it disturb his work?" Wang Chu asked nervously.
She met Hao Qiang once at the wedding, but because of the difference in their social status, she had no chance of coming into contact with successful people like Hao Qiang on a daily basis.
If I hadn't married Hao Jian, I would never have had the chance to meet such a big shot.
"Between us two brothers, it's not as complicated as you think." Hao Jian said with a smile, "I've told you many times, just treat him as your uncle, no need to be so polite."
"We still have to be polite," Wang Chu said. "I'm still a little nervous, after all, your brother's status is so high."
"That's true." Hao Jian nodded. "But there's really no need to be too restrained. I remember when we used to fish for eels and catch mice together."
Hao Jian drove the Cayenne that his cousin gave him as a gift for his wedding directly into the parking lot in front of the Future Technology Group office building.
He had been here twice and the security guard recognized him, so he let him in easily.
However, if you want to enter the ninth floor, you can’t do that and you need to swipe your employee card.
The front desk clerk didn’t recognize Hao Jian either, so they could only ask him to wait on the first floor.
Hao Jian did not inform his cousin in advance of this trip, and only called to ask if he was in the company.
His cousin said he was handling some matters in the laboratory, and asked him to sit in the office first, and instructed the front desk receptionist.
After receiving instructions from the chairman, the front desk staff immediately and respectfully took Hao Jian to the ninth-floor conference room and poured him tea before leaving.
"Your brother's company is so big, and the office is so big too!" Just now, Wang Chu was a little surprised when he looked at the magnificent office building, the spacious factory, and the many trucks queuing up to register for entry and exit.
At this time, the two were sitting in the chairman's office.
Wang Chu looked carefully at the spacious and luxurious space, with curiosity flashing in his eyes.
"Yes, it's quite big. The factory here covers 500 mu (approximately 1,000 acres) of land," Hao Jian explained. "Actually, 500 mu (approximately 1,000 acres) isn't a lot, but it can generate hundreds of millions in profit every month."
Wang Chu was surprised: "Wow, so many!"
“High-tech products are like this. As you saw when we entered the gate just now, there were huge trucks loading and unloading goods.
My brother said that the newly produced products were loaded and shipped away after only a few days in stock.
Otherwise, five hundred acres of land would not be enough."
"Oh, that's how it is."
The young couple sat by the floor-to-ceiling window in the office, drinking tea and chatting.
Hao Jian looked at the busy scene outside the window and said thoughtfully: "It's not easy for my cousin to achieve what he has today.
I have to study and do research and development, and often go to the laboratory.
When I go home for the Spring Festival holiday, I stay at home and read books."
Wang Chu turned around and asked with interest, "Well, even if you have talent, you need great perseverance to succeed."
Hao Jian smiled and nodded, then began to tell his story: "Yes, when he was a child, he would go fishing with me and sit there for the whole day. Most children are very active and don't have his perseverance.
Once, we were swimming in a pond in my hometown and he drowned and almost died. That time, my father beat me with a bamboo pole. It was an unforgettable experience for me.
Looking back now, I feel my dad didn’t hit me hard enough.”
Hao Jian talked to his wife about his cousin's childhood.
About half an hour later, a young man in work clothes walked in. It was Hao Qiang.
When he saw Hao Jian and Wang Chu, a look of joy appeared on his face.
"Brother Jian, sister-in-law, you came to Yuecheng to say hello in advance!" Hao Qiang greeted warmly, "I just came back from the lab and had something urgent to deal with. I'm sorry to have kept you waiting for so long."
Hao Jian stood up and put his arm around Hao Qiang's shoulders with a smile: "Your sister-in-law is on vacation from school. She wants to come out and play for a while."
Wang Chu also stood up and said with a smile: "Uncle, you are too polite. I still focus on my work. I am in charge of the jobs of tens of thousands of people."
Hao Qiang gestured for the two to sit on the sofa and waved his hand modestly: "I'm not very busy, but I occasionally have some urgent matters to deal with."
He poured himself a cup of tea and took two gulps to quench his thirst.
"Just take care of your own things first, don't worry about us." Hao Jian said.
"No rush." Hao Qiang shook his head. "Where are you planning to go, Brother Jian? If you're going to Pengcheng or Gangcheng, I'll help you arrange accommodation."
"Let's spend two days in Yuecheng. We plan to take a walk in Pengcheng. We can just stay in a hotel."
"I have guest rooms here, and I also have a house in Pengcheng, which has always been empty and managed by a nanny. Staying in a hotel is not as comfortable as having your own house."
"Okay, thank you for your help, brother." Hao Jian was not polite.
After get off work in the afternoon, Hao Qiang took his cousin and his wife to a hot pot restaurant for dinner.
This was also Wang Chu's first time to eat hotpot at Renjian Yanhuo, and he saw how booming the business was.
Two days later,
Hao Qiang went to Gangcheng again.
His financial team took a few days off and then started working again.
Hao Qiang assigned new tasks to the team.
Taking advantage of the fact that U.S. stock prices have fallen a lot during this period, I bought some stocks to complete the contract, and then shorted them again after a period of time.
Of course, I don’t dare to use it for full operation.
Hao Qiang recalled some things. The exact time of the financial crisis was mid-September. The US stock market began to plummet from this stage, and many stocks did not hit the bottom until January or February of the next year.
Now, it is only the beginning of July, and it is still very easy to borrow securities.
The advantage of this operation is to extend the extension period and reap a wave of profits first.
Otherwise, Hao Qiang would have to fulfill the contract in December, while most US stocks had not yet hit bottom, and the profits would be much less.
However, Hao Qiang's margin loans are all for a period of six months. Even if he fulfills the contract a few months in advance, he still has to pay interest based on the six-month period.
Fortunately, the stock price fell by an average of 20% during this period. Excluding the 4% short-selling interest and other fees, the profit from the stocks traded was more than ten points.
The team members did not understand Hao Qiang's plan, but they still followed his instructions.
In the past two or three years, Hao Qiang has made hundreds of billions of yuan in the stock market and has an extremely accurate vision.
Hao Qiang watched the team operate in Hong Kong for several days and completed short-selling contracts worth US$20 billion, with a profit of nearly US$3 million.
The funds after the contract is fulfilled can be used freely.
In other words, his capital can continue to expand.
With US$3 million, you can leverage US$15 billion in securities lending.
By early August, Hao Qiang's principal had increased by $12 billion.
Fortunately, he fulfilled the contract. In early August, these stocks all rose, and three of them rose by more than 20%.
so close!
Otherwise, the position will really go bankrupt.
"Mr. Hao, you have a damn good eye!" The members of the financial team admired Hao Qiang's decisiveness very much.
However, Hao Qiang asked them to do the opposite and borrow securities again.
This time, the principal reached US$29.5 billion, with only US$2.5 million left as risk capital, and the remaining US$27 billion was all used for leveraged securities lending.
The maximum leverage is still 5 times.
The trading amount reached a terrifying 135 billion + 27 billion US dollars!
162 billion US dollars!
Whether this wave will be successful depends on the operations in the next month.