Chapter 643 There are mistakes
Zhao Pengcheng was a talent poached by a headhunting company. Before coming to Gray Rhino Capital, he worked in a medium-sized fund company in Shanghai. He also managed several funds with a scale of 30 to 50 million.

He is quite familiar with financial securities business and has meaningful things to say when chatting with Luo Yang.

For example, when talking about Gray Rhino Capital, Zhao Pengcheng pointed out the current shortcomings of the company incisively and accurately.

"Chairman, although our company has been established, according to the current actual operation model, it is not much different from a private equity fund company."

The reason why Zhao Pengcheng dared to say such honest words was because he himself was confused.

The scene that just happened in the trading room completely overturned his perception of his boss.

Originally, in his impression, Luo Yang did not understand financial knowledge, because from the current operating model of Gray Rhino Capital alone, it can be seen that the original intention of establishing this company was not to gamble in the financial market, but to operate as an investment company.

Moreover, after it was handed over to him, even if the business content was changed, it was still a mess.

A chaotic boss communicates with him sincerely and allows him to speak freely.

Zhao Pengcheng held on to a glimmer of hope and said seriously: "Although our company has made considerable profits in the first two quarters, the money invested in the stock market is all our group's own funds. Chairman, let's be honest. My personal ability lies in technology, and in terms of private placement scale, what is needed is your network of contacts and our company's trading performance and brand influence displayed to the outside world."

Speaking of this, Luo Yang still understands a little bit.

According to common sense, Gray Rhino Capital should face the market and launch several profitable fund products. These products should either be subscribed through Luo Yang's personal circle or sold to the outside through relationships with banks and other parties, and then enter the stock market after raising funds.

But not now.

As of now, Gray Rhino Capital does not have any similar fund product.

Zhao Pengcheng initially thought that the company had just changed its business and was using its own funds to test the waters and train the first batch of backbone personnel. However, as time went by, his doubts grew. It had been almost two quarters, and there was no news from the group. Luo Yang even ignored Gray Rhino Capital.
If there had not been any communication tonight, and if he saw no movement from above at the beginning of the third quarter, he would have taken the initiative to communicate with Luo Yang.

How can a fund company be operated like this?
"Even if you didn't talk to me about this tonight, I was going to talk to you about it."

Luo Yang knew in his heart that he was wrong, but he couldn't admit it, so he took the opportunity when Zhao Pengcheng brought up the matter to discuss with him the follow-up matters regarding Gray Rhino Capital's operations.

"As for the future business development direction of Gray Rhino Capital, I already have a plan in mind."

“The chairman wants the company’s business to cover more than just the domestic stock market?”

Zhao Pengcheng had no idea that his boss didn't understand at all. Because of tonight's operation, he misunderstood that Luo Yang had a layout in the overseas financial market, so he responded to Luo Yang's words in this way.

"You're right."

Luo Yang continued along with Zhao Pengcheng's words: "Moreover, we should not only expand into overseas financial markets, but also rely on the performance of overseas financial markets to leverage the fundraising scale of domestic fund products."

Zhao Pengcheng was stunned immediately.

He subconsciously looked at Xiao Zhang and Xiao Zhao who were watching the market.

"Chairman, are you planning to use this operation in the U.S. crude oil futures market to promote the reputation of our Gray Rhino Capital?"

"Yes, that's what I planned."

Having said that, Luo Yang had no choice but to work backwards based on this line of thought.

"Starting tomorrow, you will set up a closed-end fund. The scale does not need to be too large, about 5000 million yuan. The management fee will be charged at two points, and the profit ratio will be divided in a tiered manner, but the highest profit ratio cannot exceed 50%. This fund will be closed in early July and open in mid-September."

Luo Yang instructed Zhao Pengcheng seriously: "Anyway, we will only launch this fund product in the third quarter. The specific details should not be announced to the public, but we should promote it in the circle to let people know that there is such a fund with a maximum return of 50%, and it is launched by our company."

Up to 50% profit
Hearing this number, Zhao Pengcheng looked at the computer screen again.

In the past half hour, my boss used 854 million euros to earn 1200 million euros in the U.S. crude oil futures market, with a profit of more than 150%.

If this were a fund product, although it is not large in scale, it would be enough to become a star product.

Thinking of this, Zhao Pengcheng's heart suddenly became hot.

All the doubts, confusion, anxiety and depression that had been accumulating in my heart disappeared without a trace.

It turns out that the boss already had a plan and was just waiting for the right opportunity to appear.

"So the company should consciously start recruiting people in the third quarter to prepare for the next stage of expansion."

Luo Yang spoke more and more smoothly: "For the domestic traders, we need to prepare a team of about 80 people, and the overseas financial market trading team must also prepare a team of at least 20 people. You can arrange the rest of the configuration as you wish."

"There are about 80 domestic stock market traders. According to this team size, 65 front-line traders and 15 reserve traders can support the operation of a fund with a scale of 10 to 15 billion yuan."

Zhao Pengcheng started muttering to himself without Luo Yang saying anything else.

He said with a little excitement: "Chairman of the team of about 20 people in the overseas financial market, we are not only doing crude oil futures, you are planning to do gold, copper, rubber, soybeans and other products together, are you also planning to do rice stock index futures?"

"Well, I am planning to get involved."

Luo Yang had no idea what rice stock futures were, but in his opinion, professional matters could be left to professionals, and it would be enough for others to understand them.

"Futures are fine, but rice stock futures"

After hearing his boss's idea, Zhao Pengcheng couldn't help smacking his lips: "To do this, the funds must go overseas, and to go overseas, you need qualifications. Boss, our company doesn't have QDII and QDIE funds yet?"

?

What the hell?

Luo Yang didn't understand anything about the professional terms that came out of Zhao Pengcheng's mouth.

He immediately thought of his secretary Chu Jing.

This secretary was hired as a financial expertise consultant. Because he did not pay much attention to the financial sector before, Chu Jing became his personal secretary and has now been transferred to the board of directors' office of Kunpeng Technology.

In fact, anyone who is professionally engaged in the securities and stock trading industry knows that the so-called QDII fund refers to a securities investment fund established within a country and approved by the relevant authorities of that country to engage in stock, bond and other securities business in overseas securities markets.

But one thing is that QDII cannot short sell. If you want to short sell US stocks, you have to use QDIE.

So Luo Yang had no way of interrupting.

Fortunately, Zhao Pengcheng answered his own question: "But considering the size of our company, it's a bit early to say this now."

Yes, a private equity fund company has an expected scale of about 10 to 15 billion. How can it afford to look forward to the rice stock index futures in recent years?
It can only be the boss’s vision.

While Zhao Pengcheng was thinking about it in his mind, Luo Yang was also thinking about it.

If Gray Rhino Capital wants to set up a fund product and raise funds of 5000 million Euros, which is almost 3 million local currency, where will the money come from?
With Luo Yang's current circle of contacts, there are not many places he can think of.

First of all, there are Liu Haishan, Cai Fujun, He Maosong and Kong Zhendong, a group of bosses from eastern Zhejiang. With the consistently correct image that Luo Yang has formed among them, it will not be a problem for him to raise a batch of funds.

And according to Luo Yang's understanding of their financial resources, they can raise 100 million.

The key point is the relationship within their circle. At the end of last year, Mr. Guo raised tens of billions of yuan on Zhejiang East Road.

Of course, Luo Yang’s current fame and connections in the circle cannot be compared with those of Boss Guo, but with the endorsement of Yongcheng Bank, even if a few billion is not enough, three or five hundred million will not be a problem.

However, Luo Yang does not want to put all his chips on Zhedong Road, because he has to consider the fund products that Gray Rhino Capital will release later.

The second direction is Jiang Yuanshan. He has a large network of contacts, not only in Yang City, but also in Jinling, Modu and other Yang City Chambers of Commerce. It is not a big problem to raise a few hundred million yuan in this circle. The third direction is Dong Xuan. This woman has a good network of contacts in the financial circle, and she also has many contacts in the business circle. It is not a big problem to raise a few hundred million yuan through her.

Other miscellaneous relationships are more scattered. They can also raise tens of millions, but they are unnecessary because they are not systematic.

"This is an opportunity."

Thinking of this, Luo Yang's heart suddenly moved.

When Dong Xuan took him to Min Hongbo's family dinner before, Luo Yang realized his status in the circle.

Having money alone is not enough, unless you have money to a certain extent.

Only by reaching an interest involvement or even a bond with others can you form a fixed and effective circle of contacts.

If he can share the profits with the help of this US crude oil futures operation, a circle of interests centered on him can be initially established.

Southern Jiangsu, eastern Zhejiang, and Shanghai. A network of contacts spanning the three major regions of China.

Thinking of this, Luo Yang immediately raised his head and looked at the computer screen not far away.

“What is the current price of crude oil?”

"97.23m yuan per barrel."

"Price 97.24 yuan/barrel, all stocks cleared."

Luo Yang stood up while extinguishing his cigarette, and walked towards the operator while giving the delivery instructions.

Xiao Zhang, who was originally teaching Xiang Wanwan some knowledge, immediately turned back to the computer screen and typed on the keyboard with Xiao Zhao, following Luo Yang's instructions.

In just a short while, the crude oil price jumped down another 2 cents to 97.21.

However, this price change no longer affects delivery.

After this liquidation, the floating profit of 6000 short-selling transactions was 2.33 million yuan, with a total profit of 1398 million yuan!
Adding the original 3403.2 million yuan in the account, Luo Yang's total capital reached 4801.2 million yuan.

As the transaction ended, the trading room became quiet except for the sound of heavy breathing.

Previous profits only exist on the books. As long as there is no delivery, there is a possibility of shrinkage, or even a reverse liquidation.

But it’s different now, I can just put the money in my pocket and run.

The actual profit was nearly 1400 million RMB, which is close to 9000 million local currency according to the exchange rate in the past few days.

"Keep an eye on the market. Once the price of crude oil turns around and breaks through 98 million yuan again, alert me immediately."

Luo Yang instructed Xiao Zhao and Xiao Zhang, two traders, and took out his cell phone at the same time: "I'm going to make a call, you guys keep an eye on it."

He wants to call Cai Fujun and Dong Xuan now. Some things need to be seen with one's own eyes to have a shocking effect.

There is no need to consider whether they are asleep or not.

In fact, neither of them took a break when they received Luo Yang's call.

Cai Fujun was singing in a club in the city and arrived at Gray Rhino Capital in less than half an hour. Dong Xuan lived far away and had already taken a shower and removed her makeup, so it was more than an hour later when she arrived.

During this period, crude oil prices fluctuated slightly and were in a sideways trend.

Even though there were two times when the price jumped to more than 98 million yuan, Luo Yang did not carry out the second wave of operations.

"Are you trading US crude oil futures?"

Dong Xuan was surprised when she arrived at the trading room. She wanted to complain to Luo Yang but the words were blocked in her stomach by the surprise.

"Brother Luo, Dong Xing is here, can we talk now?"

After drinking two cups of strong tea, Cai Fujun sobered up a little.

His curiosity was finally piqued by Luo Yang.

This cannot be blamed on him. It was mainly because Luo Yang wanted to avoid explaining twice and insisted on waiting until Dong Xuan arrived before he was willing to talk about the matter.

"Pull out the transaction records and show them to Dong Xing and Mr. Cai."

Before discussing the details of the matter, Luo Yang asked the trader to pull out the previous transaction records.

"Ok?"

Dong Xuan understood it at a glance and opened her eyes wide instantly. She almost screamed out loud: "What? You used 854 million yuan of capital, tripled the capital, and 80 times the leverage, and made a profit of 1398 million yuan in a short-term transaction?"

"Yes, Dong Xing, just now under the command of Mr. Luo, I went short with a full position and made a profit of 1398 million Mi Yuan in my account!"

"how is this possible?"

Dong Xuan mechanically turned her head and looked at Luo Yang: "How dare you?"

How dare he operate with a full position under 80 times leverage?

Just when Dong Xuan and Cai Fujun, who understood her words, were surprised, the K-line chart of the market suddenly jumped. After an hour and a half of sideways fluctuations, a long positive line suddenly pulled up, and the price of crude oil jumped from 97.75 US dollars per barrel to 98.12 US dollars, 98.54 US dollars, 98.85 US dollars, and 99.09 US dollars.
This sudden stretch immediately attracted the attention of everyone present.

Luo Yang’s previous shocking operation was temporarily forgotten.

"99.33 USD/barrel, 2000 lots, short!"

Just when everyone's attention was on the computer screen, Luo Yang suddenly issued a trading order.

This time I didn’t invest fully. According to the amount of funds in the account, I only invested 30%.

The reason for this is that Luo Yang has a string in his mind, that is the bottom line of 100 million yuan per barrel. According to the current operating mode, it is impossible to blow up the position.

After he issued the order, the two traders immediately tapped on their keyboards and completed the transaction according to Luo Yang's instructions.

After that, in just 5 minutes, the crude oil price continued to jump up by 20 cents to 99.53.

“99.53 price, add 2000 lots, short!”

Luo Yang gave orders calmly.

The moment the transaction was completed, crude oil prices fell instantly.

The speed of the decline stunned everyone present.

"Okay, Mr. Cai, Mr. Dong, now we can talk about business!"

Luo Yang turned around and walked back to the rest area: "Let's sit down and have a cup of tea, and then we can chat slowly!"

(End of this chapter)

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