Chapter 193: Who's Right and Who Wrong

Liu Zhongzhou said: "Okay, you can go." ”

After Li Xin and Zheng Guorui came out, Li Xin said: "Minister Zheng, give me a message after you complete the transfer procedures." ”

Zheng Guorui said: "Okay, no problem. ”

He put his hand on Li Xin's shoulder, and said with relief: "After I transfer the funds into the futures account, my matter will be settled, and it will be all your business in the future." Running this loan these days can make me worried!"

At the door of Li Xin's office, Zheng Guorui waved his hand and said, "Let's go." Then he hurried downstairs.

Huang Hongliang saw Zheng Guorui in a hurry in the corridor, stopped him and asked, "Minister Zheng, what are you busy running upstairs and downstairs for?"

Zheng Guorui said while taking out the key to open the door: "The bank informed that the loan has come down, and I'm not busy seeing if the money has arrived." ”

Huang Hongliang was overjoyed, followed Zheng Guorui into his office, and said, "It's all in the account today?

Zheng Guorui said: "Yes, I just went up to report this to the chairman, and he said that after the account, he would immediately transfer the money into the futures account, and he would do it as soon as the market opened tomorrow." ”

Huang Hongliang was so happy in his heart, this was the best news he had heard recently.

He secretly prayed in his heart, hoping that the 10,000 tons of goods sold by Liu Zhongzhou tomorrow could take the lead in the futures market, and it was best to cause a shock, just like throwing a * on a snow-covered mountain, causing an avalanche, so that the futures price, which was already crumbling, would collapse in an instant, and it would fall for thousands of miles. Only in this way can the hundreds of thousands of losses in his futures account hope to be made up.

And all this, in Huang Hongliang's view, is by no means a fantasy without reason.

When it comes to the degree of understanding of copper prices, there are really few people in the province who dare to compare with Huang Hongliang, as the general manager of the Southern Group Sales Company, he has been selling metal copper for many years, and the accumulated experience is not abundant.

These experiences have made him, like Xue Chenzhi, Liu Zhongzhou and other senior executives of the Southern Group, an expert in the non-ferrous metals industry in Jiangnan Province.

He dared to invest more than 2 million yuan to short the copper price in the futures market, not because he was hot-headed, nor did he blindly follow Liu Zhongzhou, he also had his own judgment.

Although the loss of hundreds of thousands of dollars in front of him made him have to admit that there were some problems with the timing of his entry into the market, he still firmly believed that copper prices would definitely fall sharply in the future.

Therefore, he would rather reduce his position several times to avoid being forced to close by the exchange due to insufficient funds, rather than admit all the losses, that is, he believes that the price of copper will fall, and in his opinion, the decline will not be too far away.

In the past few days, the futures price has risen slightly every day, and in his eyes, it is already the end of the strong crossbow. He watched the rising price of copper, and although his heart was tormented, he was in pain and happy, like a man waiting for an avalanche to watch the snow on the top of the mountain pile up thicker and thicker with mixed feelings.

He knew that the more time passed, the more likely it was to collapse, and the more violent the downward impact became.

He gritted his teeth and persevered to this day, just for the avalanche that would come sooner or later.

Now, on the top of the steep mountain, even a firecracker could shake the heavy snow.

The 10,000-ton position that Liu Zhongzhou will sell at the opening of tomorrow is not as shocking as a firecracker?

Zheng Guorui stopped squeaking after seeing Huang Hongliang come in and said two words, his eyes were still a little fluttering, so he asked, "Mr. Huang, what do you want?"

Huang Hongliang came back to his senses this time, and said perfunctorily: "No, I didn't think about anything." ”

Zheng Guorui asked: "Are you worried that the chairman's move will cause copper prices to fall?"

Huang Hongliang was shocked and asked, "How do you know?"

He also thought that his mind was seen through by Zheng Guorui, and thought: He didn't tell anyone about his short futures copper price, how did he Zheng Guorui see it?

When Zheng Guorui heard what he said, he thought that he had guessed Huang Hongliang's thoughts, and said: "Do you think you are the only one who is worried about the fall in copper prices?

Huang Hongliang was very surprised and said, "Minister Zheng, are you ...... too?"

He originally wanted to ask Zheng Guorui, are you also short futures copper price quilted? But when the words came to his lips, he still held back. He thought to himself: If people don't talk about this matter themselves, it's better for others not to ask. Lest he ask people who don't know how to answer, the ups and downs here, he now knows the most in his heart.

Unexpectedly, Zheng Guorui didn't care at all, and said: "Of course, I'm not anxious every day." If the price of copper continues to rise, the sales market will make money, but the loss of positions in the futures market will continue to increase. The reverse is also true, if the price of copper plummets, the position in the futures market may be profitable, but the profit in the sales market will be greatly reduced. The data in these two markets fight with me every day, you say, up or down, which one is better?"

When Huang Hongliang heard this, he seemed to understand what Zheng Guorui's topic was referring to. He secretly put his mind at ease, glad that he didn't ask that sentence just now, otherwise, the shrewd Zheng Guorui would definitely be able to deduce his secret from the words.

Huang Hongliang thought about it carefully, Zheng Guorui's words really spoke in his heart. Although his mind is now mainly focused on his short positions, he doesn't know whether to be happy or worried after reading the sales data reported by his business managers every day.

The more profit the selling company makes, the greater the loss on its own private futures account.

This is not counting the losses of more than 15 million in the futures account of the sales company, if you count those, Huang Hongliang's head will be even bigger!

Thinking of this, Huang Hongliang said with the same feeling: "Yes, this matter is also difficult to complete!"

Zheng Guorui continued to follow his own topic: "If only from the size of the two markets, the group will ship nearly 30,000 tons in the sales market in the second half of the year, and the position of short selling in the futures market is 20,000 tons, and the profits brought by the price increase will be greater, and the price decline seems to be unfavorable to us." But who can say for sure that the price will rise or fall in the future? If you can be sure that it will rise in the future, of course you don't need to short in the futures market, right? But what if the price falls in the future? Anyway, I now understand more and more the chairman's thoughts!"

Huang Hongliang said: "Yes, the difficulty is here. ”

Zheng Guorui's words are the real thoughts he has come up with after meditating for a period of time.

He could only say these words to Huang Hongliang.

Zheng Guorui knows that Huang Hongliang should have a common language with himself, because Huang Hongliang, like himself, can see the group's profits and losses in these two markets almost at any time, and the degree of entanglement should not be much worse than his own.

Li Xin is also an object that can be discussed, but he is against shorting. So when he talked to him about these dilemmas, he would definitely find it difficult to understand, and maybe he would laugh at himself in his heart for agreeing with the chairman's actions. After all, there are so many floating losses on the futures account now, which seems to prove that Li Xin is more reasonable.

After Zheng Guorui said this, he concentrated on his own business on the computer, and after a while, he picked up the phone and called Li Xin and said: "Li Xin, the funds have been transferred to you, 100 million yuan per account, you go and see if it is heavy, hehe." ”

Huang Hongliang listened on the sidelines, secretly calculated in his heart, and asked: "Minister Zheng, with the funds originally invested, even if another 10,000 tons of positions are sold, there are still about 80 million available funds in each of the group's two futures accounts, which is a huge amount of money! ”

Zheng Guorui said: "What, do you have any ideas?"

Huang Hongliang said: "No, I don't have any ideas, but just ask casually." ”

Zheng Guorui didn't believe Huang Hongliang's words, he knew that Huang Hongliang must be playing with the idea of this money, but he didn't know what Huang Hongliang thought, so he tentatively said: "Why don't you tell the chairman to sell more in the futures market?"

When Huang Hongliang heard this, he quickly shook his hand and said: "Forget it, let the chairman consider this kind of major matter, I can't think about it at that level." ”

Zheng Guorui said: "Yes, I just don't know what the chairman thinks." ”

Huang Hongliang looked at his watch and said to Zheng Guorui: "Today's time is neither early nor late, and the funds will be in place after the closing." Tomorrow's selling operation, will the chairman still let Li Xin do it?"

Zheng Guorui nodded and said, "What, are you interested?"

Huang Hongliang said: "No, I just think that this action tomorrow is more important, and I should go and see if there will be any reaction." ”

Zheng Guorui whispered: "It doesn't matter if you look at it, but it's best not to get your hands dirty, it's a delicate job, I watched him operate a few times on the side, and an order goes down, and the amount involved is as little as tens of thousands, hundreds of thousands, and as many as millions." If you make a mistake and make a wrong trade, and you need to close the position and start again, you will lose a lot of money. If the group is held accountable, whose loss will be accounted for? Will the individual pay the compensation out of his own pocket or will the group pay for it?"

Huang Hongliang knew that Zheng Guorui was right, he himself had a similar experience, but it was on his own futures account, and the losses were borne by himself, even if the number of transactions was not large, and the transaction was wrong, the lost funds were several months' wages.

Li Xin operates on the group's futures account, and the number of transactions is often hundreds of tons, if there are a few more mistakes, the loss of closing the position plus the handling fee, it is very possible to have tens of thousands of yuan. If this money is borne by an individual, it is a large amount, even if Li Xin has money and drives a BMW car, it is estimated that he will not be able to stand it for a long time.