Gold prices on Wednesday continued to dive downward. By the end of the afternoon, it was at $141.9 an ounce. It fell by $1.2 per ounce throughout the day.

Gold prices on Thursday continued their previous downward trend, but flattened a lot, closing at $141 an ounce by the end of the afternoon. It fell by $0.9 per ounce throughout the day.

On Friday, gold prices began to gradually stabilize, and the downside narrowed, and at the $141 mark, it received some support.

By the end of the afternoon, it was at $140.7 an ounce. It fell by $0.3 per ounce throughout the day.

At this point, Andrew's first month of official investment in the New York Futures Exchange has been released:

The fund company, at a price of 142.7 US dollars / ounce, held 21,000 short positions. At a price of 147.9 US dollars / ounce, 7,000 short positions were held.

The position of 21,000 short positions has a floating profit of $2 per ounce and a floating profit of $4.2 million.

For 7,000 short positions, the floating profit is 7.2 US dollars per ounce and the floating profit is 5 million US dollars.

The fund company, with a total investment of 35 million US dollars, has successfully invested in the fund company in the past month, and the gold futures account has a floating profit of 9.2 million US dollars.

Successfully invested in the company, at a price of 142.8 US dollars / ounce, held 63,000 short positions. The floating profit on the difference was $2.1 per ounce, and the floating profit was $13 million.

At a price of 147.8 US dollars / ounce, 150,000 short positions were held. The floating profit on the spread was $7.1 per ounce, and the floating profit was $106 million.

At a price of 146.3 US dollars / ounce, 80,000 short positions were held. The floating profit on the price difference was 5.6 US dollars per ounce, and the floating profit was 45 million US dollars.

Successfully invested in the company, with a total investment of 290 million US dollars, and in the past month, the gold futures account has a floating profit of 164 million US dollars.

10 shadow companies, at a price of 147.8 US dollars / ounce, held 120,000 short orders. The floating profit on the difference was 7.1 US dollars per ounce, and the floating profit was 85 million US dollars.

At a price of 146.3 US dollars / ounce, 40,000 short positions were held. The floating profit on the difference was 5.6 US dollars per ounce, and the floating profit was 22 million US dollars.

10 shadow companies, with a total investment of $145 million, and a floating profit of $107 million in gold futures accounts in the past month.

Next up is the weekend break. Andrew predicts that next week's gold price trend may be dominated by consolidation, and there is no need to urgently buy short orders.

Therefore, Andrew arranged for his subordinate operators to give out a reward money each, leaving the two to watch the market. The rest of the staff took a week's vacation, and the announcement of this initiative made the subordinate operators happy.

And Andrew will return to Hong Kong tomorrow.

On the morning of December 3, 1975, Andrew returned to Hong Kong, jet lag and fatigue from the journey, Andrew decided to rest first.

Mr. Henry was contacted and agreed to discuss the company's affairs in detail tomorrow morning at Pan Asia Building.

After that, Shen Bi was contacted and agreed to meet at a private club in Central tomorrow night to discuss matters.

After a relaxing night's sleep, Andrew's young body rejuvenated. When I woke up in the morning, I exercised and had a full meal of Hong Kong's special morning tea and snacks. A very intimate taste of breakfast.

In the morning, I went to the top office of Pan Asia Building and contacted Mr. Henry.

After a while, Mr. Henry came to Andrew's office with a stack of papers.

First of all, I reported on the business affairs of several companies last month, and they were relatively smooth.

After that, Mr. Henry reported on the Hong Kong stock market.

Hong Kong's Hang Seng Index, which rose 12% last month, was actively traded and its trading volume doubled. Exited $285 million from the Hong Kong stock market last month.

In view of the current upward trend of the Hong Kong stock market, Mr. Henry gave Andrew the original task: to withdraw all the stocks held in Andrew's name and the Hong Kong stock market within this year. Now, Mr. Henry is sure.

There is also a document transmitted from the Middle East, a periodic work report on the development of the Middle East business sent by Mr. Lehman, who is in charge of Middle East development affairs.

Finally, Mr. Henry's report on the future development of Berjaya Securities:

1. In view of the optimism about Hong Kong's future economic development, it is recommended that Chenggong Securities Company issue and list in Hong Kong.

2. It is proposed to add open-end fund projects in the business of successful securities companies.

The other matter is a personal matter, and the report of the second group of Andrew sent at the end of October, the Bahamian private island expedition, has been returned. Pending further processing.

After reporting on the previous month's events, Mr. Henry took his leave and left.

Andrew picked up the phased work report on the development of the business in the Middle East and flipped through it. The content of Mr. Raymond's work report:

1. The construction of the Middle East Investment Bank building in Dubai, United Arab Emirates, will be fully completed in mid-December.

2. The Middle East Investment Bank plans to officially open after the year. Please ask Andrew to confirm the specific opening date.

3. The opening funds of the Middle East Investment Bank must be in full before the opening date.

4. The investment company and Pan Asia Construction Co., Ltd. cooperated to develop the infrastructure project in the Middle East, which is progressing smoothly. Specifically, .......

After reading Mr. Raymond's work report and thinking about it, Andrew made a decision:

1. The Middle East Investment Bank, originally scheduled to open 100 million pounds, at the end of this year, to ensure that the transfer is in place.

2. The opening date of the Middle East Investment Bank is at the discretion of Mr. Lehman and the Middle East Investment Bank team.

Regarding Mr. Henry's proposal for the future development of Success Securities, Andrew's decision was:

1. Agree with Mr. Henry's suggestion that Chenggong Securities Company can prepare and apply for the issuance and listing in Hong Kong.

2. Agreed with Mr. Henry's suggestion to add an open-end fund project to the business of Chenggong Securities Company.

The final processing report was the second batch, the report sent back by the Bahamian private island expedition.

The investigation report shows that in the second batch, among the 19 islands to be investigated, various conditions and factors are integrated. There are three islands in terms of comprehensive conditions, which are the most optimistic for the investigation team. They are:

Musa Island, 150 acres, is an island with full inheritance rights for individuals. The geological conditions are relatively stable, the vegetation on the island is abundant, and the distance from the main island of the Bahamas is relatively close, so it is convenient to resist the construction of sea tides. Priced at $9 million.

Located in the inner bay north of Eleuthera in the Bahamas, home to the world-famous North Barracuda Shoal, Kale Island is a 35-acre island with full individual inheritance.

The island has 24 hills, three sandy beaches, a large area of vegetation and a large number of rare wildlife, making it one of the most natural private islands. The private island was sold for $2.5 million.

Located at the tip of Leph Island in Nassau, the capital of the Bahamas, Nahau, Naiga Island is a small island with full inheritance rights for individuals. Spread over 20 acres and sold for $1.5 million.

Andrew has read all 19 island expedition reports. Considering the recent shortage of funds, it was decided to buy the three islands with the best comprehensive conditions, Musa Island, Kale Island and Kale Island.

The total purchase price, $13 million. Andrew is going to use an initial construction fund of $2 million to make simple repairs to the embankment and small pier to resist the tides.

After processing the documents and reports at hand, Andrew summoned his own team of personal think tanks, and the company's resolution had them record it. and distribute to the corresponding departments and responsible personnel.

The purchase of the three islands was left to his own private think tank team to take over.

In the evening, at a private club in Central, Andrew and Sim Pi met to discuss HSBC's successful investment in the fund company.

Shen Bi has received the first month's performance report of HSBC Successful Investment Fund Company, which invests in gold futures in New York. The gold futures account made a floating profit of $9.2 million.

To this end, Shen Bi first expressed his gratitude to Andrew on behalf of HSBC for his hard work in the past month. Although the two are old friends, Andrew can help HSBC invest and make profits, which is already a big private favor.

For Shen Bi's thanks on behalf of HSBC, Andrew was not hypocritical and accepted his representative thanks.

In the ensuing discussion, Andrew conservatively looked ahead to the expected performance of HSBC Success Investment Fund in two years, with an eventual profit of $100 million.

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