Reborn in 1993, Dark Sea
Chapter 457 We Can Afford to Lose
"Big brother!"
On the rooftop of a building, Kunji rushed towards An Xiaohai like a cannonball, but was pulled back by the quick-thinking Xu Tianyou.
"Don't be impulsive. Your boss is injured. If you run over him like that, you'll kill him."
"Oh, brother, what's wrong?"
"It's nothing, I just fell and hurt myself pretty badly. How are you all doing here?" An Xiaohai asked with a smile.
Although the time apart wasn't long, for some reason, it felt like a lifetime had passed.
"I'm okay, just a little bored every day. But Ah Lai is miserable. He stares at the computer screen all day long, not daring to blink. If the exchange rate rises even a little bit, he can't even eat. He's lost weight."
"Really?..." An Xiaohai glanced at Lai Donglin not far away. He was indeed much thinner, and his clothes looked a bit loose. There was also a smiling foreigner standing next to him.
"Boss, this is Mr. Fernandez, the president of the financing company we're partnering with."
Although Lai Donglin was also excited, he did not show it as obviously as Kunji. After An Xiaohai approached, he first introduced the foreigner standing next to him to An Xiaohai.
"It's a pleasure to meet you, Mr. Fernandez!" An Xiaohai greeted Fernandez in English.
"Hello Mr. An, I've heard so much about you!" To An Xiaohai's surprise, Fernandez responded in Chinese, although it was very non-standard, it was still understandable.
"Mr. Fernandez's Chinese is excellent. Did you study in China?"
"Oh no, I don't have that honor."
Mr. An may not know that many important figures and wealthy people in Country T are of Chinese descent, and many of my clients are also Chinese. I must provide the best service to my clients, so I learned Chinese.
"I see. Mr. Fernandez is truly a warm and meticulous person... Fernandez, is that a French surname?"
"No, although my surname sounds like a French surname, it is a standard Western surname."
"I apologize, I'm truly ignorant. I'm very interested in the West; would Mr. Fernandez be willing to introduce me to it?"
"That would be my honor!..."
As An Xiaohai chatted with Fernandez, he walked downstairs. The helicopter landed on the hotel rooftop, and An Xiaohai only needed to go down one or two floors to reach the presidential suite he had booked.
When talking about the West, Fernandez seemed very excited. He talked on and on, and An Xiaohai listened with a smile most of the time, showing great interest. Xu Tianyou, on the other hand, naturally arranged everything else.
An Xiaohai and Fernandez chatted for more than two hours, until they had dinner together, at which point Fernandez took his leave.
The city lights were already on outside the window, and An Xiaohai frowned as he looked at the vibrant lights of Manchester.
"Boss, now that you're settled, if there's nothing else, I'll go back to the exchange. I can't rest easy without keeping an eye on things there."
Seeing that An Xiaohai remained silent, Lai Donglin couldn't help but speak up.
An Xiaohai was slightly taken aback, as if waking from a dream.
"What, is the exchange still open?"
"No, but we are a large client, and we have a private room there that we can use 24 hours a day."
"Alai, wait a moment, no rush. I have something to ask you. Is it safe to talk here?"
"Yes, this is a place arranged by Master Xu's men. They have already checked it," Kun Ji quickly explained.
"Have you had a check-up today?"
"They've checked. They come to check twice a day. The manager in charge of this floor is also one of their people. He told us that we can contact him anytime if we need anything."
"Understood. Please sit down. I have a lot of questions to ask."
"You guys chat, I'm going out for a bit," Xu Tianyou said, standing up.
"Have the savages arrived yet?"
"Yes, they just arrived recently, I need to make some arrangements."
"Fine, go ahead... wait a minute."
"What's wrong?"
"If it's convenient, take Li Maocai with you."
"Ha, you rascal! Leave it to me," Xu Tianyou said, raising his eyebrows at An Xiaohai before leaving.
Only An Xiaohai, Lai Donglin, and Kunji remained in the room.
"I need to know everything that's happened since you came here, the more detailed the better. So, which of you two will tell me?"
"Let me say it!"
Lai Donglin took a deep breath and took over the conversation: "After we arrived here, we first contacted Brother Tian's people to confirm that there were no problems with the funds. Then we contacted Master Xu's people."
Master Xu's people helped us open various foreign exchange accounts, but when it came to negotiating leverage, we ran into some trouble. They could only offer us a maximum leverage of two times.
"Why is the leverage so low even with double the leverage?"
"This..." Lai Donglin and Kunji exchanged a glance:
"There are two reasons. The main reason is that Solo's Quantum Club has already caused trouble here twice. The T country government has strictly prohibited all banks from lending their currency, which greatly increases the difficulty of financing. That's one reason."
Secondly, Master Xu also brought in a large sum of money, most of which will be used to meet Master Xu's financing requirements.
……
Damn it! This guy's here to cause trouble too!
An Xiaohai couldn't help but roll his eyes inwardly, but Xu Congzhou played his hand well. As long as he stayed calm and didn't get cocky, he would definitely make a small fortune this time.
"So how was it resolved in the end? And how did this Fernandez come about?"
"Later, Mr. Xu's people introduced us to some international fund managers, and I also contacted some old friends, who introduced me to some people as well. After negotiations and screening, I finally decided on Fernandez's firm."
"Was this Fernandez introduced by Mr. Xu's people, or by your friend?"
"They all introduced it to me, boss. The financial circle is actually very small."
Aside from the state-owned foreign exchange exchange, there are only three or four truly powerful and reliable foreign exchange exchanges in Country T, and the same goes for reputable margin trading companies.
Fernandez's organization is already among the top five in Country T; you can easily find out about him with just a few inquiries.
"I see. I'm sorry, I don't know much about the financial world."
"It's okay, it's not actually that complicated. Once you get into this circle, you'll understand a lot of things quickly."
The key is that we have a lot of funds, which means they have enough profit to make.
The kind of transaction we're engaging in is a guaranteed money-making opportunity for the margin trading company, regardless of market conditions. I don't think we need to doubt their motives.
"I don't doubt Fernandez's motives, I just have some doubts about his identity... Alai, don't think about these things. You just need to manage our funds, and leave the rest to me."
"Okay, I understand."
"How much do you know about this Fernandez and his organization?"
"I don't know much about Fernandez as a person, but I have done a very thorough investigation of his organization."
Fernand was Spanish, and one of his main partners was British. They had deep connections in both Spain and Britain, and their organization was also backed by ABN AMRO.
Overall, they are a very traditional European financial force.
The reason I ultimately chose to cooperate with them was precisely because of their background. Europeans tend to be more conservative than American people. Although their terms are stricter, they are also more trustworthy.
Finally, they also have a channel to transfer our money to Hong Kong immediately, which is relatively safer, so I chose them.
"Okay, I understand. Do you think the services they provide are normal?"
"That's normal; most margin trading institutions operate this way."
"What leverage are you using right now?"
"4x leverage".
"How many times more can Fernandez offer?"
"Their limit is 30 times, but if it's an institution from the US, as long as you can provide some other collateral they approve of, they're willing to give 100 times."
"30 times..."
An Xiaohai silently calculated in his mind that he had prepared 1 million US dollars this time. If he leveraged it 30 times, after deducting handling fees, interest and various other expenses, he should be able to take away at least 12 billion US dollars.
That's about it!
Solo has made about this much money from all the big things he's done. Keep in mind that at that time, all of Thailand's dollar reserves were less than $100 billion.
An Xiaohai was a little worried. With himself added as a variable, things might take a different turn. After all, even a rabbit will bite when cornered, and that would be a loss.
30x leverage is enough.
"Alai, go see Fernandez tomorrow and go straight for the full 30x leverage."
"Hey boss, isn't this too risky? Leveraging 30 times is too dangerous! Even the slightest fluctuation in the forex market could lead to forced liquidation. It's too risky!"
"Alai, you've been here for a while now. Think back, during this time, what was the maximum leverage ratio that the largest fluctuation could accommodate?"
What I mean is, based on the standard of not being forced to liquidate.
"This..." Lai Donglin frowned and thought for a while: "Based on the current data, the fluctuations during this period can support us to leverage up to 30 times without being forced to liquidate."
But it's dangerous, really dangerous! I really can't handle this pressure!
"What if we increase it by 20 times?"
"20x... I think I can barely manage 20x. But I still stand by my opinion: if the boss insists on using high leverage, I suggest not exceeding 10x."
An Xiaohai smiled slightly. Lai Donglin was not wrong. He was just an actuary, not a professional in finance, not a gambler, and certainly not capable of predicting the future.
Seeing Lai Donglin's haggard appearance, An Xiaohai felt a pang of pity.
"Let's start with 20x."
It's okay, Lai. We've been through so much together. Haven't you come to terms with it yet? Money is just an external thing. If we lose it all, so be it. We can just earn it back together.
Listen to me, start with 20x leverage.
You don't need to be so nervous. Trust me, I know what I'm doing.
"Well... alright!" Lai Donglin finally gritted his teeth and nodded. "I'll talk to Mr. Fernandez tomorrow."
"Tomorrow...tomorrow is Christmas..." Kunji said with a long sigh.
"Is tomorrow Christmas?" An Xiaohai was a little surprised, as he thought it should still be a few days away.
"Yes, brother, didn't you know?"
"I've been losing track of time lately... Time really flies!" An Xiaohai sighed. He had promised Lin Xuan'er that he would spend Christmas Eve with her, but he was going to break his promise again.
"Alright, let's talk to him first."
Ah Lai, you don't need to keep an eye on the foreign exchange market every day. Pay more attention to the T country government's activities. If you find that they are about to announce that they will abandon the fixed exchange rate and switch to a floating exchange rate, then our opportunity will have arrived.
Once you spot this sign, don't hesitate, immediately leverage it with 30x.
Lai Donglin was slightly taken aback. This matter had actually caused quite a stir in T country recently, and he hadn't expected that An Xiaohai would know about it.
"Okay, I'll keep an eye on it."
"Alright, I have nothing else to ask. You can go and rest."
"Ah Lai, don't be so nervous. It's just 1 million US dollars. We can afford to lose!"
……
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