Future News: If You Have Money, Don’t Be In Trouble

The time soon came to 00:20 in the morning.

Ye Qiusheng opened his AsiaInfo futures app and checked the New York Mercantile Exchange 1804 crude oil futures contract. At this time, the price of this product was fluctuating around $78.40. After observing it for a few minutes, he began to issue today's guidance.

Lao Jiang, convey my order, open a position and sell the 1804 crude oil futures contract, the price is above 77.70, control the speed of opening positions, don't let the price fall too fast, tell them that they can operate with full positions.

Boss, this is fine. Jiang Weitai has no objection to shorting crude oil futures, but he feels that it is too dangerous to control the position.

Do as I ordered, what I told you before.

ok.

Jiang Weitai froze, and quickly conveyed Ye Qiusheng's instructions on his mobile phone.

Here, Ye Qiusheng also started trading, slowly opening positions and selling 1804 crude oil futures contracts, establishing short positions.

At this time, thanks to the fact that the New York Mercantile Exchange is trading at its peak, the contracts he sold were quickly eaten up.

Subsequently, more and more short positions were placed on the disk, and the price of the 1804 crude oil futures contract began to fall. Ten minutes later, it fell below 78.39 US dollars and reached the line of 78.35 US dollars.

Ye Qiusheng continued to sell 1804 crude oil futures contracts slowly.

Short positions are getting bigger and bigger.

The New York Mercantile Exchange crude oil futures contract trading adopts a margin system. One lot is 1,000 barrels, and the margin is 5%. Take 78 US dollars per barrel as an example, the margin per lot is about 4,000 US dollars.

With $100 million in Ye Qiusheng's hands, he can open a short position of up to 25,000 lots.

For the other 21 accounts, each account can open up to 20,000 short positions.

The two add up to close to 450,000 lots, which is almost equal to the daily trading volume of a variety of crude oil futures contracts on the New York Mercantile Exchange.

It is hard to say whether such a large warehouse can be built.

At this time, short sellers began to exert force, and the trading volume was also expanding. The trading volume reached more than 200,000 lots within ten minutes. The price of the contract also fell below 77.70.

Ye Qiusheng stopped building positions, and Jiang Weitai also conveyed the order to stop building positions to the Hong Kong Island studio.

A few minutes later, the bulls began to counterattack, and the price of the 1804 crude oil futures contract slowly recovered.

After the price returned above 77.70, Ye Qiusheng started buying again.

The bulls counterattacked fiercely this time, and the price returned to around $78.39 ten minutes later.

At this time, 21 traders reported that they were short

The position of the position is more than 90%.

Ye Qiusheng issued an order again to stop opening positions, and reversed the order to close the positions between $62.15 and $62.12 in batches.

At this time, Ye Qiusheng’s short positions reached 23,000 lots, with an average opening price of $77.98, while 21 accounts on Hong Kong Island held a total of more than 385,000 short positions, with an average opening price of $78.09.

Because $62.11 is the revised lowest point provided by Future News, rather than from the uncorrected financial analysis report of Guozihao Financial Institute, Ye Qiusheng chooses to believe [instant news] to the greatest extent.

That is, he believes that the 1804 crude oil futures contract will definitely fall to $62.11.

The reason why he gave a range of 62.15 to 62.12 dollars is just that he does not want to concentrate all pending orders on 62.12 dollars.

One minute later, all the liquidation orders on the 21 accounts were posted. These traders are still very fast.

Ye Qiusheng dawdled for more than 5 minutes.

Once the liquidation order is placed, time seems to pass very slowly.

However, the price of the 1804 crude oil futures contract is still slowly falling.

Ye Qiusheng is very calm, the web host will not let him down.

But Jiang Weitai was anxious like an ant on a hot pot, circling back and forth in the spacious living room, and he drank half of a bottle of red wine worth nearly 10,000 yuan.

At 1:30 in the morning, the bulls seemed to give up resistance, and the price of the 1804 crude oil futures contract plummeted like mercury, falling to around $77.00 in just ten minutes.

However, this is not over yet. After nearly half an hour of sideways trading, the 1804 crude oil futures contract started another wave of decline at around 2 am, and the rate of decline was not slower than the previous wave.

At 2:28, the price of the 1804 crude oil futures contract finally dropped to $62.15, and three minutes later, it finally fell to the lowest price of $62.11 given by 【Instant News】.

Jiang Weitai's mobile phone, which he had not hung up, heard the sound of good news from Hong Kong Island, and all the liquidation orders were completed.

Ye Qiusheng made an average net profit of US$15,800 per lot, and earned US$364.55 million on 23,000 lots.

On Hong Kong Island, the average net profit per lot was 15,900 yuan, and 385,000 lots made a profit of 6,144,600,000 US dollars.

This wave of operations today has made Ye Qiusheng a lot of money!

A total of 6,509,150,000 US dollars was earned, and after deducting fees and commissions, he made a net profit of 6.5 billion US dollars, plus his original 1.7 billion

80 million U.S. dollars, his total assets came to a huge 8.28 billion U.S. dollars.

This amount of assets can also be ranked among the top 100 richest people in the country.

And with so much cash in hand, there should be no other person except him.

Subsequently, he left 100 million US dollars in the accounts of 21 offshore companies, and the rest chose to withdraw funds to 21 banks, and then replenished the funds of AsiaInfo Securities to 1 billion US dollars.

As a result, he has a total of $4.18 billion in cash in 22 accounts at 22 banks.

After finishing this series of follow-up work, it was already past 4 o'clock in the morning. Ye Qiusheng sent Jiang Weitai back to his room to sleep. He also simply washed himself, fell on the bed and fell asleep.

He didn't get up until noon on the 17th, looked at his phone, there were several missed calls.

There were Li Zihan's and Ye Hanyu's. Ye Hanyu fought several times.

The other two were called by Jiang Weitai, he called back, Jiang Weitai turned off his phone, probably already on the plane.

Then he checked WeChat, and sure enough, there was a message from Jiang Weitai.

He took the plane at 11:00 noon, had already left Shanghai, and arrived on Hong Kong Island in the afternoon.

Ye Qiusheng ignored him.

Instead, he called Li Zihan back and told her that he was busy until midnight yesterday, and he didn't get up until the afternoon. He would go back to the villa in the afternoon.

Li Zihan told him that she transferred a chef from the hotel to prepare for the family dinner tonight, and she sent a car to pick up her parents in the afternoon, and asked when he would be back.

Ye Qiusheng asked her if he should wait at home or go back to her after his parents-in-law arrived.

Li Zihan also couldn't understand.

Ye Qiusheng laughed and told him to go back in a while.

Just after changing clothes, a call came in from an unknown number.

He got through, and the other party said that they were people from the Economic Investigation Bureau of the Shanghai Metropolitan Police, and Song Bureau asked them to come over to handle errands.

Ye Qiusheng immediately understood.

While waiting for these police officers to be free, he opened the securities app and listed all the market prices of Xiangtong Securities in his hand.

Near the close of the morning, Xiangtong Securities rose slightly by more than one point from yesterday's closing price, but Ye Qiusheng's large selling directly knocked down the stock price by more than two points.

Ye Qiusheng earned more than 1 million.

A few minutes later, four plainclothes police officers entered his suite. One was a middle-aged man in his forties, and his rank should not be low. The other three were young people in their twenties and thirties.

After chatting casually with them, Ye Qiusheng gave them the criminal evidence about Hou Jianjun that he had prepared long ago, including written records and audio-visual materials.

He believes that Hou Jianjun is an important figure who can link the past and the future.

Once you have verified him, you can do it all in one go.

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