Chapter 453: I Didn't Stock Up

He very much disagreed with Kim Chang-heung's opinion, because doing so would also face great challenges for his own personal interests. But he didn't have the courage to say no in front of Kim Changxing. He struggled in his heart for a long time, and made up his mind not to answer Jin Changxing's question, using this way to express his dissatisfaction.

Jin Changxing saw Zheng Guorui rubbing his forehead and not speaking, as if he hadn't heard his own question, so he said, "Do you really think that the price of copper will fall so much?"

Faced with Jin Changxing's questioning again, Zheng Guorui said ambiguously: "I can't say for sure." Today's attitude is very rare for him, who has always been only looking forward to Jin Changxing.

Although it is not a formal meeting now, Kim Chang-heung instinctively knows that he must not be sloppy on this issue, and even the chairman of the board of directors does not dare to act arbitrarily. The two people in the room are the two most important group executives besides Xue Chenzhi, and after convincing them, it will not be difficult to convince Xue Chenzhi.

Now Huang Hongliang is in line with himself, but Zheng Guorui's rare attitude makes Jin Changxing see that he has something in his heart but is unwilling to say it. If this were in the past, Jin Changxing would not have wasted his tongue explaining his decision to his subordinates.

But today's matter is different, and he has to say a few more words patiently: "It seems very good to do sell hedging, but we are facing two problems: one is the problem of funds. At present, the group's working capital is not much left except for maintaining normal business activities and repaying the interest to the bank, and where can it come up with hundreds of millions of dollars to do this? Second, no one can say for sure the rise or fall of copper prices. In the case of uncertainty, we are the most stable in selling with the trend. Don't forget what the biggest heel fight that the group has planted in the past is because of the selling hedging in the futures market, which led to huge losses. At that time, if we didn't do that in the futures market and honestly sell at the market price, how much money would we have to make in that year? We are now facing the same problem, if the price of copper does not fall but rises after selling hedging, we will not be human inside and outside. Who will pay for that then?"

Jin Changxing said it to this point, not only did Huang Hongliang, who didn't believe that copper prices would fall sharply like him, but Zheng Guorui, who still had different opinions in his heart and didn't dare to say it, also had to re-weigh the facts that Jin Changxing said.

If those things that happened before happen again, and he stands opposite Jin Changxing, the number one leader, what kind of ending will he face at that time?

Especially Jin Changxing's last sentence: Who will pay this responsibility when the time comes?

Originally, everyone knew the rule of equal responsibilities and rights, and Jin Changxing, as the chairman of the group, must bear the ultimate responsibility.

But when he says this here, there is obviously a sense of threat: if anyone disagrees with him, as long as he leaves a definite handle, it will not be a matter of words if he, the chairman, wants to trouble you in the future!

Thinking of this, Zheng Guorui couldn't help but shudder in his heart: What's wrong with him today, eating the bear's heart and leopard's gall? Unknowingly, he stood opposite Jin Changxing! Li Xin said that he would do whatever he wanted, why did he bother to wear a pair of pants with him?

"Chairman, you are right, if there is a situation where the price of copper rises instead of falling after selling hedging, we will face a greater problem. So what do we do now?" Mr. Cheng said.

Although Jin Changxing does not want to believe Li Xin's judgment that the copper price will fall below 50,000 yuan, the comparison of the data made by Li Xin is irrefutable: when the stock market was near the highest point last year, the copper price fell to around 52,000 yuan, and now the stock market has fallen by nearly 60%, and it is not impossible for the copper price to fall to around 50,000.

Thinking of this, he said to Zheng Guorui and Huang Hongliang: "Since we can't rule out the possibility of copper prices falling, then we can't be careless." In my opinion, don't have reservations in sales, don't hope for too high prices, we must pay attention to homeopathic sales according to what I said, and return funds as soon as possible, so as not to wait for high prices, but sell at low prices. As long as we have abundant liquidity, we will be able to withstand the period of low prices, and the future is still full of hope. ”

Speaking of this, he deliberately pointed Huang Hongliang with his finger: "Don't keep the goods in the warehouse, sell as much as you want." ”

Huang Hongliang defended: "I don't have much goods in my warehouse, I just sell as much as I want." ”

"You didn't stock up, but Vice President Xue smelter did stock up!"

After Jin Changxing finished speaking, he immediately continued: "You continue to do it at your pace, and I will communicate with Vice President Xue about the matter on Vice President Xue's side." ”

Huang Hongliang replied, "Okay." ”

Don't look at Li Xin's confident look when he talked to Jin Changxing just now, but deep down he was still a little apprehensive.

Especially at the end, when he admitted in front of Jin Changxing that he had shorted the futures market, he was not only explaining the facts, but also cheering himself up.

What's the secret here?

It turned out that not long ago, in mid-June, the lowest copper price fell to 59,570 yuan, and then in the following half a month, the copper price gradually climbed, and by the end of June, the copper price rose again to about 62,000 yuan.

It was at this time that Li Xin began to gradually enter the market, after he sold 1,000 lots, the price of copper once rose to 64,300 yuan, and Li Xin secretly regretted that he started too early and did not wait for a better price.

According to the price when Li Xin and Jin Changxing talked just now, Li Xin still has a floating loss in his account. At this time, the total loss of 1,000 short orders on his futures account was close to 5 million.

Copper is different from sucrose, the unit price per ton of copper is very high, and the value of one hand of copper in the futures market is more than 300,000 yuan. Even if it is a margin transaction, in order to ensure that there are sufficient funds in the account to cope with the large fluctuations in prices, Li Xin used 80 million yuan to sell and open a position of 1,000 hands.

Although he is firmly bearish on the copper price, the floating loss of more than 5 million yuan in the account still makes his nerves tense all the time.

In particular, the loss on sugar futures not long ago had a big shadow on his psychology. Now his true state of mind is that the bearish judgment and the fear that the losses will continue to widen are constantly fighting, and he has to keep convincing himself to forget his fear and persevere.

Before he said it to Jin Changxing, Zheng Guorui and Huang Hongliang today, only one person knew about it, and that was Yuan Jie.

The reason why Yuan Jie knew about this matter was not that Li Xin told her personally, but that she saw it from the changes in the funds and positions in Li Xin's account.

In other words, before today, Li Xin did not tell anyone about the short copper price, including Xia Xiaona.

The reason why he didn't tell Xia Xiaona was not to deliberately hide it from her. It's that he knows that this matter is not trivial, and once he enters, he will definitely face a lot of unimaginable changes.

Xia Xiaona didn't know about these changes, and once she knew, she would definitely be emotionally affected. At that time, he will not only have to find a way to deal with the changes in the futures market, but also spend a lot of energy to appease and persuade Xia Xiaona to eliminate her influence on him.

This situation was very evident in the loss of sugar futures not long ago. However, at that time, the total investment in sugar futures was only a few million yuan, and the loss was only a few million yuan.

This time, the first batch of 1,000 futures copper futures positions were sold with 80 million yuan, which was only the first step in his plan. Looking at the price movement next, it is likely that there will be steps 2 and 3.

At that time, the invested funds may be close to more than 300 million, and the floating profit and loss in the account is likely to be tens of millions of yuan.

The changes in the funds and positions on Li Xin's account made Yuan Jie ecstatic. Since that fall out with Li Xin in the underground garage, the two have not been in touch for a long time.

Yuan Jie even thought that Li Xin had already walked away, and even if he wanted to invest in futures again, he would not send the funds to his futures company.

But the fact is that Li Xin suddenly transferred far more funds to his account this time than before. Yuan Jie, who is very familiar with Li Xin's operation methods, knows that the 80 million yuan of funds and 1,000 short orders are probably not all of Li Xin's short copper price this time.

If that's the case, my business commission this year will be very considerable.

Yuan Jie recalled that the reason why he had a falling out with Li Xin was because Li Xin felt that there was no investment opportunity in the futures market, so he was unwilling to transfer funds in. At that time, I thought that Li Xin's words were a pretext, but now it seems that what Li Xin said is really the truth, as long as he thinks there is an investment opportunity, he doesn't need others to say it, and he himself will transfer the funds in.

At this time, Yuan Jie even secretly complained to himself: he has been dating Li Xin for so long, it stands to reason that he should know that Li Xin is a person who will only listen to the call of his heart, and if he makes up his mind about a matter, others will not be able to pull it back with 8 horses.

But it's obviously a little late to understand this truth now. That day in the underground parking lot, Li Xin left him and turned around when he was enthusiastic, that kind of action, now I think about it is a bit too much.

Li Xin, a high-minded and arrogant person, was put in a position by himself at that time, how would he feel in his heart? It is no wonder that he has not been heard from since then, and he has never been in contact with him again.