Chapter 274: High-end Atmosphere and Grade (5)
However, Dream Capital made another profit, not much, only more than 10 million yuan for eight million shares, just sprinkled with water, this little money is not a wool, legitimate investment, neither the media nor the regulatory authorities have found any problems with Dream Capital in the fashion group after inspection, and the rumors outside are not spread by people from Dream Capital.
As soon as the Dream Technology Company was founded, it immediately attracted the attention of many scientific and technological talents, and there were as many as 100 people who were willing to join Dream Technology, and more than 200 experts in this area were willing to cooperate with them, but the five billion funds prepared by Boss Li for them were too small, and even the money to purchase equipment, build bases, and place employees would cost so much money.
A budget was placed in front of Boss Li: 5 billion, rub it! The little money in Boss Li's account seems to be known to everyone, and the money from the sale of meteorite civilization coins is still too slow to come in.
Feng Shi looked at Li Meng with a blank eye, boss, it's time to pay the bill!
Li Meng fights, this money has to be spent.
Finally sent Feng Shi away, he wanted to buy two experimental bases, a large number of equipment, arrange food and accommodation for employees, and high-end food and accommodation.......
DOES LI MENG NEED TO FIND A WAY TO MAKE MONEY AND CONTINUE TO SPECULATE IN DIGITAL CURRENCY? IT'S TOO LOW, BOSS LI HIMSELF REJECTS THIS KIND OF THING, THE STOCK MARKET IS NOT EASY TO OPERATE, ANY MOVE BY DREAM CAPITAL WILL ATTRACT THE ATTENTION OF OUTSIDERS, IT IS NOT EASY TO DO, IT MUST BE STOPPED, ALTHOUGH LI MENG IS VERY INTERESTED IN FASHION GROUP AND AUSPICIOUS COMPANY, IT IS NOT INTERESTING TO ACHIEVE HIS GOAL AFTER ALL.
"Secretary He, let Director Yang Yimei come here. ”
"Okay, boss. ”
After a while, Yang Yimei, dressed in professional attire, appeared in Li Meng's office.
"Boss, do you have that much gold? 250 million grams? It's not difficult to liquidate it, we just need to put it on the futures market and we can cash it out immediately. ”
Li Meng shrugged and said: "Yes, Director Yang, but he needs to re-smelt, and he is still close to reaching the delivery standard, but this amount is too large, even General Manager Zhao Yifu of Haidu Metallurgical Co., Ltd. has nothing to do, he only helped us deal with more than 10 million grams of gold, which is part of the money we acquired from Jixiang Company." ”
Yang Yimei said strangely: "Mr. Li, if you want to deal with this batch of goods, you don't have to be so troublesome, Jixiang Company is a member of Haidu Gold Futures Delivery, and they have also applied for the qualification of delivery warehouse, but since the mine they bought has not produced gold since it was dug up, it has been playing the role of a buyer." ”
Li Meng saw the hope of cashing out this batch of gold, "Director Yang, do you mean that we directly use the qualifications of Jixiang Company to cash out in the gold market? Why didn't Zhao Yifu help us deliver more goods?"
"Maybe Mr. Zhao is worried about something, after all, selling so many goods at once will inevitably attract attention, they are mainly responsible for smelting and research, and they do not have the qualification of delivery warehouse. ”
Li Meng seems to understand, but Jixiang Company is not exactly Dream Capital, how to use the resources of Dream Capital?
"Mr. Li, our deputy general manager is in charge of the pre-gold process, and it is precisely because the mine of Jixiang Company has been dug that they handed over this business sector to our people to manage, chicken rib business. ”
"Okay, then use the qualifications of the auspicious company to trade, deliver our goods as soon as possible, and exchange them for cash, as soon as possible, our cash seems to be very insufficient, what is the current price of gold, about three hundred and sixty, this price has risen too fast, why is this happening. ”
Yang Yimei smiled and said: "Boss, you don't care too much about things outside, right? Due to the frequent occurrence of digital currency turmoil, the crude oil market is oversupplied, and the price has fallen too much, and now the price of crude oil has reached 300 yuan a barrel, and the highest time this year exceeded 500; there are too few products available for investment, and even the stock market has fallen very seriously, so precious metals such as gold have become a good tool for asset preservation." ”
How could Li Meng not care about things outside, he is a personal experience of the changes in digital currency, and he has contributed to it, but the rest is not very clear; according to Yang Yimei's request, Dream Capital quickly got the control of the smelting, mining department and futures department of Jixiang Company, Mao Youde did not want to conflict with Dream Capital in the control of these insignificant departments; the most important departments of Jixiang Company are sales, design, terminal market stores, etc.
In order to meet the delivery standard, Yang Yimei also reached a processing outsourcing agreement with Haidu Metallurgical Company, because Li Meng's gold purity is 99 percent, and the delivery standard is more than 99.95 percent.
The delivery of gold futures in July is about to expire, and Yang Yimei immediately listed 5,000 lots on the July contract and 50,000 lots on the August contract.
One hand is one kilogram, or one kilogram, and the margin is 10 percent, and they can't throw it out anymore, because their margin is not enough, even though they only charge 10 percent.
5,000 hands is nothing, according to the current calculation of 3600000 grams of gold, which is equivalent to goods worth 1.8 billion, but 50,000 hands is a bit much, 18 billion, Yang Yimei even wants to list all the remaining gold on the September contract, but Dream Capital has no margin, so it can only harvest the July contract, exchange for cash, and then continue to short on the August contract or September contract.
For the delivery of the July contract and the August contract, Boss Li once again used the bank loan line, and the short order margin for two months was nearly 2 billion cash, involving nearly 20 billion goods or 250 million grams of gold, this time it was a big deal.
Dream Capital immediately made the market stunned by so many short orders at once, who hung it out?
It was Dream Capital that used the account of Jixiang Company to hang out, what do they want to do? Is it an operation error, where did Jixiang Company get so much cash/goods?
Mao Youde panicked after realizing it, what are you doing? Dream Capital, no matter how rich you are, you can't fool around like this, think about money and go crazy, once this is targeted by those financial predators, there is a forced short, what do you use to deliver? Once the delivery can not be delivered, it means that the contract is broken, it is a heavy loss, this pot must first be carried by Jixiang Company, because they use the account number of Jixiang Company, they will be responsible for the loss, and then the responsibility of Dream Capital will be investigated.
Jixiang Company put out so many short orders and immediately knocked down the market price by five yuan, but this market was too big, and soon, those market speculators immediately hit the price to three hundred and sixty-five, and Jixiang Company's contract in July has already seen a loss of five yuan, five yuan seems to be very little, but it is magnified ten times, and the book loss of the July contract alone is as high as 25 million.
The loss of the August contract was as high as 200 million.
"Mr. Yang, you want to give us an explanation, our account loss exceeds 200 million, and the July contract is about to be delivered, what do you use to deliver?"
Mao Youde was very angry, he never imagined that Dream Capital would hang out so many empty orders, 55,000 empty orders, that is 55 tons of gold, are you kidding, the normal inventory of Jixiang Company is less than a ton, although there are a lot of finished products, but they are processed, made into jewelry, and they cannot be delivered at all.
Yang Yimei said meaningfully: "Chairman Mao, we have so many cash/goods, but we have just passed it over here with you, what are you worried about? The conversion of 5,000 hands into five tons of gold in July has been entrusted to Mr. Zhao of Haidu Metallurgy to help us refine it, so you don't have to worry about it at all." ”
Mao Youde couldn't help but wonder when he saw Yang Yimei's confident appearance, is this true? Where did they get the goods from?
"You respect yourself, if there is a loss or breach of the contract, you are responsible, if you use the identity of the deputy general manager of Jixiang Company to damage the company's image, we Jixiang Company reserves the right to recover losses!"
Mao Youde dropped a sentence and left, Mao Youde is not a fool, Yang Yimei said that they have, Mao Youde verified in minutes whether Haidu Metallurgy has received such a business order, yes! Dream Capital has this batch of goods.
Mao Youde and Haidu Metallurgical knew that Dream Capital had 5,000 kilograms of gold available for delivery, but no one else in the market knew about it until the contract was delivered in July.
The July contract was delivered more than 5,000 lots at once, which is significantly higher than that of other months, which led to the actual delivery price of the July contract only reaching 332, of course, this has nothing to do with the price at which Dream Capital sold gold to gain profits, because they were listed at 360, and the sales price has been set to death, which is the real role of the futures market, not speculation; and the contract price in August is now 356 yuan, and the short order of Dream Capital has turned from a loss to a small profit, and the gold market has a slight dip, the lowest to about 346。
Five thousand kilograms is not too much, Yang Yimei immediately used this delivery money as a margin to hang out the rest of the gold, the goods were delivered, there was money, Boss Li's purpose was to sell this batch of goods, not speculation, Yang Yimei could only sell short orders according to the principle of how many goods were sold.
A salesman of the futures company found that the company had sold as many as 200,000 hands of gold short positions in a routine inspection, and the price was between 350 and 360, which was too much, and now is the rising period of gold's soaring, and some experts analyzed the trend of gold and even believed that gold would rise to 400 or even 450 within the year.
This greedy salesman did not perform his duty to remind Jixiang Company of the trading risks, but sold this information to his opponent, which seems to be a bit troublesome, capital and finance are greedy, who gave Jixiang Company so much courage to hang out 200,000 hands of gold short positions, do you know what this means behind it? 200,000 kilograms, 200 tons! The margin alone will cost more than 6 billion, which is not counting, once there is a loss, the loss reserve will be set aside, Yang Yimei has used 3 billion cash in the bank loan line.
In the last agreement signed with the bank, Dream Capital could only get a loan amount of less than 7 billion, but the bank will also assess the risk, and if they think the risk is too great, they will reduce the loan amount.