Long.

Seeing Lin Haocang's response, Zhang Xiaolei couldn't help but ask, "Chairman, when do you plan to officially open a position and short Nikkei Futures?" I know a lot. It is clear that Lin Haocang will not stay in Singapore for a long time, and Tokyo is the main battlefield.

"Before you go to Tokyo, you have to arrange a person in charge here. Lin Haocang said with a smile, there is still a period of time before the Nikkei index plummets, and he is not in a hurry.

"The person in charge...... Will you arrange for James to take over?" Zhang Xiaolei said.

Anthony?

Lin Haocang shook his head helplessly and said, "This time for the operation of the Dongying stock market, I will notify Cangqiong Capital and Innovation Bank in advance, but I will not directly interfere with their operations." ”

"Why? Sky Capital, Innovative Bank. Isn't it all your business. If your judgment is correct, you directly order them to participate in shorting the Dongying stock market, then your profits can be maximized. Isn't it?" Zhang Xiaolei was puzzled by Lin Haocang's sudden adoption of a non-intervention policy.

Do not intervene.

This is Lin Haocang's plan for a long time, not a momentary thought.

"I can't interfere with everything. After all, I have limited energy alone. Lin Haocang argued with a smile.

......

DBS Bank Singapore was efficient, and it only took more than 10 days to find two Dongying insurance companies and a bank as counterparties.

this day.

Liu Tiancheng took three drafted option contracts and found Lin Haocang: "Mr. Lin, this is the option contract we designed with the other party, take a look, is there a problem?"

"Dongying Life Insurance, Taizheng Life Insurance, Universe Credit Cooperative......" Lin Haocang did not rush to look at the option contract carefully, but swept the counterparty. But when he saw that a credit union actually appeared among his counterparties, Lin Haocang's forehead couldn't help but have a black line, and his face was unpleasant, "President Liu, what is the situation of this universe credit cooperative, judging from the name, the other party doesn't seem to be even a bank." Qualified to get involved in options trading?"

No matter how crazy the Dongying stock market is, it is impossible for a credit union to participate in financial speculation.

Liu Tiancheng actually found him a credit union as a counterparty, wasn't he fooling him. Thinking of this, Lin Haocang naturally didn't have a good face.

"Mr. Lin, don't get me wrong, I don't mean to fool you. Cosmic Credit Union is the largest credit union in Tokyo, controlling a lot of real estate in Tokyo and having abundant capital. Prior to this, the other party had reached a $9 billion VAM agreement with Salomon Brothers. Moreover, this option contract is guaranteed by four large banks, Mitsubishi Bank, Fuji Bank, HSBC and Crédit Agricole, so there is absolutely no problem. Liu Tiancheng hurriedly explained.

Call.

After listening to Liu Tiancheng's explanation, the anger in Lin Haocang's heart finally calmed down a little, but thinking that the other party was just a credit union, he felt a little bit of a joke. However, with four large banking institutions providing guarantees, Lin Haocang does not have to worry about the performance of the contract.

"Well, this Nikkei short selling option contract proposed with Cosmos Credit Union has an underlying amount of $500 million and a one-year term. Specifically, Mr. Hayashi sold a Nikkei futures contract worth $5 billion to his counterparty, Cosmic Credit Union, for 17.5 million yen on December 15. Well. This means: A year later, you will only be able to make a profit if the Nikkei 225 falls below 15,000 points. Liu Tiancheng held the options contract. explained to Lin Haocang in detail.

"This is a European-style options contract?" Lin Haocang frowned.

"Yes, it's a European-style options contract. This. I'm just playing the role of a matchmaker, and most of the options contracts are designed by HSBC and Crédit Agricole, which provide guarantees, and they are both European banks, so it is normal for them to design European-style options contracts. Liu Tiancheng said with a smile. "Well, if Mr. Lin prefers American-style options contracts, then I can also negotiate with the other party. ”

"Not necessarily!"

Lin Haocang waved his hand and smiled.

American-style options can be exercised at any time before or on the expiration date of the contract, while European-style options contracts must be exercised on the expiration date. Comparatively speaking, American-style options can vary depending on the specific changes in the market. Flexibility in profit time.

Maybe American-style options will be more beneficial to him, but Lin Haocang doesn't have the heart to think about it so much, so as not to cause complications.

The Nikkei 225 fell to 15,000 points to reach profitability?

Ha.

Hearing the number "15,000", the corners of Lin Haocang's mouth couldn't help but curl slightly. In the future, the Nikkei will fall below 10,000 points. And the Nikkei put option contract he signed only needs to fall to 15,000 points to make a profit, and the Nikkei index falls worse the worse. The more he earned.

It's refreshing to think about!

"Are the other two contracts the same?" Lin Haocang asked.

"Hmm. It's basically the same, even the break-even point is a little higher. As long as the Nikkei 225 index falls to 16,000 points, it can be profitable. The subject amount of one contract is US$6 billion, and the counterparty is Dongying Life Insurance Company, and the other target amount is US$3 billion, and the corresponding counterparty is Taisho Life Insurance. Liu Tiancheng explained with a smile.

"Oh, there is an option contract with the Universe Credit Union, and the other two insurance companies are willing to suffer losses?" Lin Haocang asked suspiciously.

"There is no such thing as who makes or loses, and the increase in the strike price of Nikkei futures will increase the risk of the other party. As a result, the price of each Nikkei put option would increase by $270. ”

"No wonder!"

Lin Haocang smiled and nodded. These two insurance companies dare to do this, nothing more than to be sure that the stock market will not fall, and even if the exercise price is raised, it will become meaningless because the exercise price is lower than the market price. On the other hand, they can earn a lot more royalty.

The abacus is well played. However, I just don't know what to wait for after the Nikkei plummets. Will they still be able to laugh......

"The guarantee fee is a one-time payment of $85 million, or $20 million, and a 9.5 percent profit share!" Liu Tiancheng reminded.

Choose one of the two.

Lin Haocang didn't hesitate at all. He said directly: "No problem, pay them 85 million in guarantee fees directly! Heh, how high the profit share is required, it seems that these four major banks don't think that I can make a profit." ”

“......”

Liu Tiancheng smiled silently, in fact, he did not say that when he negotiated the commission, he proposed to directly use 15% of the profit as a guarantee fee. But all four banks firmly refused, arguing that the risks were too high to be worth the risk. After all, if the Nikkei does not fall if it chooses direct profit sharing, the four banks will have nothing to gain and will be busy in vain. Choosing a mix of cash and profit sharing is also a desire to gamble without leaving empty-handed.

Lin Haocang carefully read the contract and found no loopholes.

Then.

Zhang Xiaolei handed Liu Tiancheng an entrustment agreement that had been signed in advance. The content of the agreement stipulates that Lin Haocang entrusted DBS Bank of Singapore to sign the OTC option VAM contract for shorting Nikkei 225 Index futures on his behalf. In other words, these VAM contracts were ostensibly concluded between DBS Bank and the counterparty.

"...... this?" After reading the entrustment agreement, Liu Tiancheng looked at Lin Haocang in surprise.

"Heh, I don't want to expose it for the time being, please ask President Liu to sign the VAM contract on my behalf, and don't reveal my existence to outsiders. Lin Haocang said with a smile.

"Good. ”

Liu Tiancheng pondered for a moment, and then agreed. He also hopes to use this cooperation to establish a friendly relationship with Lim Hao Cang, which will bring opportunities for the expansion of DBS Bank in Singapore.

"The entrustment agreement is not only valid for these three Nikkei put options, President Liu, you can help me sign more similar Nikkei put options, the more the merrier, there is no cap. Lin Haocang said solemnly.

The more the merrier, there is no cap!

Yes.

Hearing Lin Haocang's domineering words, Liu Tiancheng's heart couldn't help but be shaken. secretly thought, how could Lin Haocang be so sure that the Nikkei index would fall. Could it be that he has a shocking plan to snipe at Dongying's stock market...... There were many thoughts in his heart, but Liu Tiancheng's face was as usual, and he smiled and agreed.

Next.

Liu Tiancheng lived up to his expectations and signed a $25 billion Nikkei put option contract with more than a dozen financial institutions.

Chen Tao has also gained a lot, acquiring a large number of Nikkei put options from investment banks such as Salomon Brothers, Goldman Sachs and Morgan Stanley.

......

"Mr. Lin, the price of the Nikkei put option has been pulled up by $80 due to the recent purchase of a large number of Nikkei put options, and I intend to hold off on the purchase. Moreover, my large purchase of Nikkei put options also alarmed the attention of investment banks such as Morgan Stanley and Salomon Brothers. Chen Tao reported the results of the completion and explained his plan.

"Hmm. It's okay to slow down...... Heh, the total value of the Nikkei put options you acquired is tens of billions of dollars, and it's not normal for no one to pay attention. ”

There was a pause.

Lin Haocang said with a smile again, "I have been in Singapore for a long time, and I plan to leave in the near future." Well, there will be someone else who will come to Singapore to be responsible for shorting Nikkei Futures, and at that time, the financial staff who may accompany you may be assigned to you to oversee the finances. I'd say that regulating finances is just a normal process, and I hope you don't think much about it...... Your performance, I'm very satisfied. ”

"I understand!" Chen Tao replied calmly. Lin Haocang has already invested $1.5 billion in him before and after, and it is normal to send financial personnel over.

"Hmm. ”

Lin Haocang smiled and nodded.

Let's be honest.

Chen Tao's recent performance has indeed impressed him, and he will consider recruiting him after the shorting of Nikkei stock index futures.

Two days later.

Mrs. Annette arrived in Singapore with a ** change of staff, and on the same day, Lin Haocang had a late night talk with her. What was talked about, no one except Lin Haocang and Mrs. Annette knew.

Then.

Lin Haocang called Anthony, Winenberg and Yang Yang respectively, reminding them that Dongying's stock market would plummet at the end of the year.

......

After everything was arranged, Lin Haocang left Singapore with Zhang Xiaolei and others and flew directly to Tokyo!

On November 23, Lin Haocang and his entourage arrived at Tokyo Haneda International Airport.

It seems that luck is not too good, and just a few minutes after getting off the plane, an autumn rain quietly came. The rain was dripping, clear and cold, and a cool chill followed. Accustomed to the summer in Singapore, I suddenly encountered a cold autumn rain, and suddenly I felt a feeling of difficulty in following it.

"Damn ......" The cold raindrops fell on her body, and a burst of coldness hit, Zhang Xiaolei couldn't help but clasp her arms with her hands and curse secretly.

She had checked the temperature in Tokyo in advance and had already prepared her autumn clothes, but she didn't expect to encounter an unexpected autumn rain.

Walk out of the terminal building quickly!

"Ha, chairman, it's finally time for you. As soon as he got out of the aviation building, a young man in a crisp suit hurriedly ran over and said with a smile.

This young man is Cheng Hai of the gold trading group, a few days ago, he was summoned by Lin Haocang, so he rushed to Tokyo to play the front station without thinking.

Soon.

Lead the way from Cheng Hai to the parking lot. Seeing that Lin Haocang was following more than a dozen people, Cheng Hai smiled awkwardly and said, "Chairman, I only prepared a business car, so many people ......"

"Hmm. ”

As soon as I got into the car, I felt much more comfortable. Although Lin Haocang was not squeamish, he felt uncomfortable when his clothes were wet by a cold autumn rain.

"Chairman, I have placed two presidential suites on the side of the Tokyo Stock Exchange. It's also much easier to get things done. ”

Cheng Hai said with a smile while driving, although Lin Haocang did not explain the plan of action. But Cheng Hai knows that it should be inseparable from the Dongying stock market.

"How many people can live in the two presidential suites?" Lin Haocang nodded with a smile. Then asked.

"Well, it shouldn't be a problem to accommodate a dozen people. I didn't expect the chairman to bring so many people over," Cheng Hai explained with a wry smile......

Scold.

Lin Haocang smiled, but he didn't blame. He knew that Cheng Hai was referring to more than a dozen bodyguards, but these people could solve the accommodation problem on their own. And the reason why he asked this was because in this action plan against Dongying, he not only used Cheng Hai's group of people, but also ordered Chen Yuan to bring a large number of people over. Two Presidential Suites. It's certainly hard to satisfy.

"Oh, yes, Chairman. Luo Cheng and the others haven't arrived yet, but before December, they will definitely arrive!" Cheng Hai explained.

"Hmm. ”

Lin Haocang nodded and didn't say anything. Due to the big win in gold futures trading, Cheng Hai and others are on long-term vacation, and the original agreement is to return before December.

......

On the third day after Lin Haocang arrived in Tokyo, other members of the gold futures trading team and more than 30 traders led by Chen Yuan also arrived. Because of Lin Haocang's reminder. Cheng Hai made some accommodation arrangements again, but he was not in a hurry because of the large number of people.

"Chairman, I bring the best traders. What's your next plan?" asked Chen Yuan excitedly.

()

The whole book