super energy power

Yang Jingshan thought that he would stay in London for a while. Anyway, this is one of the best futures operations in recent years. Not to mention how long the preparations will take, it is not surprising that the long and short sides compete for a month or two. .

Therefore, when Su Cheng said that there was a "big drama" not long ago, Yang Jingshan was dubious.

As for now, he really believed it.

In the eyes of Yang Jingshan, who has been in contact with finance for a lifetime, with the flow of tens of billions of funds and the confrontation of thousands of companies, he seems to be in the middle of a hail of bullets, and what keeps whistling in his ears is the bombardment of money and intelligence... and , when the intensity of the bombing increases and the time increases, probably only money is left.

Intelligence or something is only useful before a big war happens, and after that, it will always be a world where firepower is paramount.

In the trading pool, there are always people leaving the market sadly, and there are people cheering every moment.

Citibank admitted its losses and left the market with a huge loss of more than 3000 million US dollars.

Industrial Bank admitted its compensation and left the market with a huge loss of more than 5000 million US dollars.

Enron Energy admitted its compensation and left the market with a huge loss of more than 1 million US dollars.

Lehman Brothers admitted its losses and left the market with a huge loss of more than 1.5 million US dollars.

……

As of 19:30, when the manual bidding ended, at least half of the long positions were closed, while the short side's Pan Asia Fund reduced its position by two-thirds.

Sumitomo Trading Co., Ltd. is still bleeding and closing positions, and the direct loss has exceeded 30 billion US dollars. They failed to sell their heavy positions during the manual bidding stage, so they continued to sell during the electronic trading stage. Unlike during the manual bidding period, some traders The electronic market is a crueler battlefield for communication and control between investors. It doesn't care whether the price of crude oil is normal or people's psychological expectations. It only cares about the balance of funds.

New prices were quickly discovered.

14. Dollars.

14.10 dollar

……

$13.92 appeared in the evening, officially announcing that crude oil fell below $13, a new low in several years.

This is a situation that even Su Cheng did not expect, but it is also reasonable.

Rather than saying that the price of oil below $14 is an overreaction of the market, it is better to say that collateral losses exist in the futures market every moment.

There are more people chasing ups and downs than those who stick to the value of crude oil. For profit, even a "scalping" transaction with a price difference of 1 cent, there are special economic companies doing it, not to mention the negative market that is flying down three thousand feet .

At 21 o'clock in the evening, Hidetomo Hirano couldn't bear to watch it anymore, and Michio Matsumoto's face was also pale.

However, no one can quit.

Sioux City's Pan Asia Fund is unwilling to withdraw, they have vested interests.

Sumitomo Corporation and its pseudo allies are also unwilling to withdraw, insisting on closing positions can at least control losses, and no one can bear the risk of waiting another night.

Tomorrow, the price of crude oil may rise or fall, but for a big bull like Sumitomo Corporation, Michio Matsumoto knows clearly that as long as he still has a heavy position, he has no right to wait.

Occasional rises are not enough for them to clean up the remaining tens of billions of dollars in heavy positions, and occasional falls will cause inevitable losses.

Even if the blood flowed like a river, it could only be endured silently.

Pain is the main theme of the futures market.

Happiness can only be temporary.

However, for a cultivator like Su Cheng, as long as he can see autumn, that's enough.

In the harvest season, the faces of the winners have a golden halo, and the feet of the losers are gurgling blood.

There is no more lethal battlefield than here.

There is no fairer playing field for the capitalist world.

Citibank is one of the four major crude oil giants in New York, Industrial Bank is the dominant financial company in Europe in the 90s, Sumitomo Corporation represents the highest financial strength of Japanese general trading companies, Enron and Lehman Brothers are new financial companies in this era The banner of the... However, there is one who should be lost, and who should be compensated.

In the eyes of Sioux City, this seems to be normal. News of Citigroup and Sumitomo losing money can be received from time to time, and Lehman Brothers and Enron have "already" closed their doors.Bear Stearns, which has not yet completely cleared its warehouse, has the same fate.

When the so-called century-old foundation is about to be destroyed, it will not take a few years.

However, Su Cheng's composure failed to infect Yang Jingshan.

This second-generation official who is familiar with the Chinese banking system, understands China's import and export business, and has studied in France for a long time, even in his dreams, does not think that the traders of Société Générale will be inferior to private companies in China. It was difficult for Man Brothers, a creature at the top of the Wall Street food chain, to impress him directly.

Even in the middle of the European continent, they are too far away.

Born in China in the 60s, Yang Jingshan chanted various slogans and believed in various theories, but neither the classroom nor the society provided him with comprehensive information.When he first came into contact with European banks and American financial institutions, he felt like a pilgrim. He had seen the ugliness of European and American bankers, but he still believed in the strength of European and American banks.

until this moment.

Unreal moment.

At 22 o'clock in the evening, Su Cheng rang the bell and said softly: "We have entered a period of pure profit."

Yang Jingshan was not only dumbfounded, but also at a loss.

Pan Asia Fund still has tens of billions of dollars of crude oil futures contracts that have not yet been sold. Even so, profits have been generated, and the crude oil futures contracts sold are all pure profits.

This situation is rare.

Yang Jingshan didn't know the specific scale of the Pan Asia Fund, nor did he know how much Sioux City earned. However, looking at the numbers jumping on the electronic screen, Yang Jingshan was suddenly inexplicably moved when he thought that a Chinese company dominated all of this.

Deeply moved.

It seems that it is the same as returning to junior high school.

All I know is the whole world, my own world affects me, my pride affects the world...

Before the end of the electronic market, Pan Asia Fund finally closed all its positions, and took all the profits into its arms.

At the same time, Sumitomo Corporation, Ito Corporation, Bear Stearns, bp Corporation, Total Corporation and many other financial institutions have also completed "risk control" and left with full compensation.

Sumitomo Corporation, which suffered the most losses, controlled the "risk" at 52 billion U.S. dollars, Ito Trading Co., Ltd. controlled the "risk" at 14 billion U.S. dollars, bp and Total both reduced the "risk" to 10 billion U.S. dollars, and all created The biggest loss in recent years.

Su Cheng, Qi Xiao, and Qin Yun huddled together in front of the computer and began to look at the 11-digit dollar accounts.

Cash accounts worth tens of billions of dollars are not common. Except for large banks, ordinary industrial companies may not be able to find billions of dollars in cash even if they have a scale of tens of billions of dollars. It is said that it is a cash account of 758 billion U.S. dollars, which cannot be seen in the fiscal accounts of many countries.

During the same period, China's foreign exchange reserves were US$516.2 billion. By next year, the foreign exchange reserves will only be US$735.9 billion.Of course, domestic money printing machines can print as much money as they want, but if the boss of the State Council wants to spend money internationally, there is only so much money, and if he wants to, he has to issue bonds.In 1994, China did issue US dollar bonds internationally, with a total amount of US$10 billion, which was pitifully small.

Of the US$758 billion obtained by the Pan-Asia Fund, US$175 billion was the principal and US$513 billion was the profit. The profit alone exceeded the domestic foreign exchange reserves at this time.

At one point, the Pan-Asian Fund had more capital than most economies in the world.

Of course, Dahua Industrial obtained 25% of it, a total of 1 million U.S. dollars, plus the profit from the spread contract operated by itself, the total reached 170 billion U.S. dollars, which is equivalent to its own scale reaching the Pan Asia Fund. scale.

The total amount of cash of Dahua Industrial has to count the 40 billion US dollars it owns.

In other words, after months of planning and weeks of execution, Dahua has morphed into a behemoth with $210 billion in cash.

Such a scale and speed, before the emergence of new rich people in the Internet era, cannot be said to be unique, and it was also rarely seen.

Qin Yun, who was the most eloquent, looked at the string of extremely simple numbers and began to be in a daze.

In fact, the more people who understand finance in depth, the more they can understand the huge number of these numbers.As an ordinary person, the welfare lottery bonus of 500 million yuan may be a big number. The 170 billion U.S. dollars that Dahua received, in exchange for Chengren Renminbi, is as high as 14 (billion yuan, which is equivalent to (560 500 million. Considering the inflation from 94 to 04, and then to 14, this is an astronomical figure in a complete sense. Given the accumulation of 400 years for an alien who traveled to the earth, there may not be such a number that can survive. many.

Moreover, Dahua Industrial's total assets are not just cash.

"I didn't expect that." Even Su Cheng himself was shocked and only sighed.

Qi Xiao muttered to himself: "I don't believe it, you must have expected it all."

Su Cheng shook his head again, relieved his emotions, and said: "I thought the first third of the position was the most profitable part, but I didn't expect that the last third was the most profitable part. Science?"

Qin Yun bulged his eyes like a goldfish, his head seemed to be sucked in by the monitor, and said, "Pull out a hair and let the laboratory do a project, and you will definitely find the scientific part."

Yang Jingshan listened to their words, looked at their expressions, scratched his ears anxiously, and asked, "How much?"

"It's quite a lot." Su Cheng glanced at him, but didn't say the number.

Yang Jingshan had no choice but to guess wildly in his heart: Fanya estimated to earn more than 100 billion U.S. dollars, Dahua Industrial should have more than 10 billion, maybe a little more, even if it is less than this, it will not be much less, at least 8 million U.S. dollars... That is More than 70 billion yuan, scare...no way...

Xiao Pang is not sensitive to numbers, and was infected by the atmosphere of celebration around him, so he chose the weights and measures he is familiar with, and asked, "If I buy Moutai, I can buy it for everyone."

"Maybe it's enough to buy Maotai distillery after rooting out the hairs." Qin Yun decided to let the hairs down to the end.

It is true, if it is used for personal consumption, even the most luxurious product, now it is estimated that it only needs a hair to get it done-if buying a winery is also considered personal consumption.

Qin Yun even calculated involuntarily: If more than one billion U.S. dollars are exchanged for Chengren Renminbi and deposited in the bank, they will be saved as demand deposits... The current interest rate is 0%, which means an interest of 3 billion yuan a year, and 50 million yuan a month. Yuan, more than 4 million a day, it is definitely difficult to spend every day on time.

"Boom-"

The closing bell rang.

The crude oil futures war that lasted for many days seems to have come to an end.

After ten seconds.

"Clap!"

"Clap!"

"Clap clap clap!"

But there were countless applause, resounding in every corner of the crude oil futures exchange.

Traders from Europe, the United States, and Asia commemorated the birth of the legend in their own way.

Regardless of nationality, individual, or company...here, only the winner and rolling gold coins can get the purest respect.

Yang Jingshan lay quietly by the window, breathing hungrily the air of respect from the west, but in his eyes, the image of Su Cheng became unusually tall.

"Maybe, I should resign and join a private company, for example, Dahua Industrial..." This thought popped out of his head, and Yang Jingshan couldn't put it back anymore.

……

... (To be continued.)