In Hong Kong, we build a global business empire

Chapter 93 Creating Trading Opportunities

Next, Lin Haoran had a rough plan in his mind on how to seize the upcoming Second World Oil Crisis to make a profit.

Based on his memories of his previous life, he knew that before December, the oil market would be able to maintain relatively stable prices, but with the outbreak of the Iranian civil war, global oil production would drop sharply, triggering a surge in oil prices.

And now, it is the end of October, and there are only a few days left until November.

Time is running out and the window left for Lin Haoran to prepare is shrinking rapidly.

After a busy day today, it's time to go back and have a rest. Let's leave the remaining problems for tomorrow.

So, Lin Haoran took Li Weidong and Li Weiguo and went directly back to Hengfeng Building.

After a good night's rest, he did not go directly to Qingzhou Yingni Company the next morning, but stayed at Huanyu Investment Company.

At nine o'clock in the morning, Su Zhixue, Dai Shi, Zhao Lin and others came to the company one after another.

Naturally, they all knew that Lin Haoran had become the chairman of Qingzhou Yingni Company.

Seeing the boss at this moment, they all approached to congratulate him.

After everyone arrived, Lin Haoran called all the members of the operation team to the conference room.

“As you all know, I have become the chairman of Qingzhou Yingni Company. This achievement is inseparable from your great help and hard work. Therefore, I decided to give you a special reward this month to express my gratitude.

Dai Shi, Han Zixing, Shi Zhensheng, and Qi Fen, each of you will receive a bonus of 5 Hong Kong dollars; and Su Zhixue, as the leader of our team, will receive a bonus of 10 Hong Kong dollars, which will be paid together with the salary this month!" Lin Haoran announced with a smile.

Although these excellent traders were only following instructions, it was their professionalism and hard work that enabled them to successfully gain control of Qingzhou Yingni.

They deserve credit for this achievement.

Therefore, this reward is well deserved.

As soon as these words were spoken, the conference room suddenly became lively, and the five people's faces were filled with irrepressible joy and excitement.

For them, this sudden bonus was undoubtedly a huge surprise, far exceeding the expected returns from their daily work.

Such high bonuses are rare in other investment companies, but here they are achieved simply because of the success of a project.

For many of them, HK$5 is the total income they have earned from working hard for the past year.

Now, it is just an extra reward for a project. This contrast makes them deeply appreciate the benefits of working in Huanyu Company.

Lin Haoran discovered at this moment that their loyalty had increased to varying degrees.

Previously, Dai Shi's loyalty was 75, and the other three were between 70 and 72.

At this moment, their loyalty levels all exceeded 80.

Dai Shi: [Loyalty: 84/100]

Han Zixing: [Loyalty: 82/100]

Shi Zhensheng: [Loyalty: 81/100]

Qi Fen: [Loyalty: 82/100]

Reasonable rewards are indeed conducive to improving loyalty!
As for Su Zhixue, his loyalty is already at full level, so naturally it cannot increase any further.

"Thank you, Mr. Lin!" The five people spoke almost at the same time, their gratitude overflowing with words. Lin Haoran smiled and responded: "These are all the rewards for your hard work. If you follow me, I guarantee that your wallets will become fatter and fatter, and there will be countless opportunities in the future."

"Mr. Lin, we will live up to your expectations and work hard!" Team members expressed their opinions one after another and their morale was high.

"Very good. I have full confidence in you." Lin Haoran nodded with satisfaction, then turned to Su Zhixue, "Zhixue, come with me to the office. There are some things that need to be discussed alone."

"Okay, Mr. Lin." Su Zhixue responded and left the meeting room with Lin Haoran and went to his office.

After they sat down, Lin Haoran looked at Su Zhixue with a sharp gaze and asked, "Zhixue, you have been in the financial industry for many years, so you should be familiar with the dynamics of the global financial market, right?"

Su Zhixue nodded slightly, and after thinking for a moment, he replied: "Mr. Lin, that's true. Although I mainly work in Hong Kong, I have always kept an eye on the major global financial markets. This is the basic quality of us financial practitioners. Only by keeping up with the pace of the times can we gain a foothold in this ever-changing industry."

Lin Haoran nodded and changed the subject: "So, how much do you know about crude oil futures trading?"

Su Zhixue frowned slightly when he heard this, as if he was recalling relevant information: "Crude oil futures... As far as I know, there is indeed no formal crude oil futures trading market in the world.

After the world oil crisis in 1973, many futures markets did begin to consider establishing oil-related futures products, but to date, top exchanges such as the London Mercantile Exchange and the New York Mercantile Exchange have not yet launched crude oil futures.

As for other lesser-known exchanges, not to mention they have yet to enter this space.”

"There are still no crude oil futures? This is a bit difficult." Lin Haoran whispered to himself, frowning slightly.

In fact, there were no crude oil futures in that era.

Not to mention crude oil futures, there are not even any futures for oil-related products.

According to the development history of oil futures, it was not until 1983 that the New York Mercantile Exchange further introduced crude oil futures trading.

In November 1978, which was the next month, the New York Mercantile Exchange issued its first energy-related futures contract, namely the contract trading of crude diesel. However, due to the fact that it was a new product and crude diesel had very limited trading volume, it would not be large, and it was impossible to make a lot of money relying on this futures.

Lin Haoran's fingers tapped the desk lightly, making a rhythmic sound, as he thought.

Without crude oil futures, you can’t buy crude oil and hoard it.

Buying crude oil, hoarding it, and then reselling it after the oil crisis is one way, but it is not a good way.

Firstly, time was tight and there was no time to make adequate preparations;

Secondly, there is a lack of facilities and channels for storing crude oil, which is undoubtedly a huge obstacle for him who has no involvement in the oil industry.

"It seems that we have to find another way." Lin Haoran thought to himself, and decided to temporarily put aside the idea of ​​directly hoarding oil, and instead think about other strategies that can indirectly benefit from the oil crisis.

Lin Haoran sat in his office chair, his brows furrowed, with endless thoughts surging in his mind.

The financial environment of this era always seems to be full of restrictions and challenges, forcing him to look for innovative breakthroughs again and again.

Last time, he wanted to use stock market leverage so that he wouldn't have to go out for loans multiple times.

Unfortunately, however, the stock exchanges of that era had not yet opened up to leveraged trading, forcing him to design complex financing strategies on his own and raise huge amounts of funds through revolving loans, which enabled him to make great investments in the stocks of Ching Chau Cement and Wharf Holdings and reap rich rewards.

“Since crude oil futures haven’t come out yet, can I create a trading opportunity similar to crude oil futures to trade?”

Lin Haoran sat in his office chair, frowning and thinking.

(End of this chapter)