Chapter 69 Wealth and Wisdom
As the saying goes, if you don't have anything to do with yourself, if you don't care about yourself, you will be in chaos.
Even if Zhang Hua doesn't have to take the biggest risk, even if he can only get a three-percent share when he generates profits.
But after all, it still has a lot to do with him, and when he thinks of the profit and loss that may exist every second, he feels that his blood pressure is rising.
Zhang Hua couldn't help but remind: "Brother Zhao, really buy all 323?700 lots?"
It's not that Zhang Hua is timid, nor is it that Zhang Hua's psychological quality is poor.
In fact, the market fluctuations of treasury bonds are too fierce, and once the 700-lot treasury bond position moves, it can directly scare people to death in minutes.
Zhao Jiangchuan can understand Zhang Hua's feelings, and if he doesn't participate in it, he can't understand how terrible the futures market is.
Between the huge profits and losses, the pressure can crush life to the point of collapse.
Even Zhao Jiangchuan himself, it was with the madness in his heart that he was able to withstand that terrifying pressure back then.
"Boss Zhang, didn't you also say that if you can't be the one who creates momentum, then follow the trend?"
"Go with the flow?"
For Zhang Hua, his understanding of the financial market is still in the most primitive and hazy stage, and in his eyes, whether it is stocks or futures, it is just gambling.
Therefore, he didn't understand what Zhao Jiangchuan said about following the trend.
Zhao Jiangchuan didn't explain, he picked up a printed 323 contract trend chart, and then pointed to the trend of this contract after it was listed.
"Uncle Zhang, what does it mean that you said that this price is from here here?"
What does that mean?
Zhang Hua watched it for a long time and didn't understand what Zhao Jiangchuan said.
Those K-line charts of different sizes and lengths have no law at all, and the only thing he can see is that the price has risen from 98 yuan to 128 yuan.
Other than that, Zhang Hua didn't see anything.
Zhang Hua's dazed Zhao Jiangchuan saw it in his eyes, and he couldn't help but sigh that in the current period of ignorance in the entire Huaguo financial market, it is really difficult to find a qualified agent.
Even an old man like Zhang Hua has been in the financial market for two or three years, and he can't even understand the simplest trend.
It's a pity that he really lacks skills, otherwise where would he still talk nonsense with Zhang Hua here, just make money for him, and he would have to bother and work hard to cultivate him.
Zhao Jiangchuan was also helpless, so he could only ask slowly.
"Look, has the price gone up?"
Zhang Hua was speechless, he was not blind, how could he not even see that the price had risen, if it hadn't risen, how could he lose so much money and go out.
It's just that he also knows that Zhao Jiangchuan will definitely not be talking nonsense, he can only wait patiently for the following.
"We said before that the price rises because the money buys, right? To put it simply, the market is naturally opposed to long and short, which is actually no different from fighting a war.
The bulls pulled the price from $98 to $128, and each price must have cost a lot of money.
Then why do you say that Hua Jingkai invested so many troops into it?"
What else could it be.
Everyone knows such a simple question, any money entering the market must be to make money, and no one wants to be a philanthropist to send money.
Zhang Hua seems to understand a little.
"The two armies are facing each other, both sides have invested a lot of troops into it, since the current price has risen, it means that Hua Jingkai has an advantage, in this advantage, if you are the commander of Hua Jingkai, what will you do?"
How?
Zhang Hua is a businessman, what can a businessman do in a price war with his opponent?
Therefore, Zhang Hua really understood this time.
As long as the price war starts, it will definitely be endless, as long as one side has the advantage, it will definitely take advantage of the victory to pursue until the other side is wiped out.
It's just that Zhang Hua still has a little doubt.
"Brother Zhao, I understand what you said, but the treasury bonds are to be delivered when they mature, and according to the practice of previous years, it is impossible for the income of the treasury bonds to increase at this price, even if there is a subsidy from the Ministry of Finance, it is considered the limit.
If the subsidy continues, the state will have to spend billions to subsidize, and it is impossible for the government to be the wrongdoer. ”
Zhao Jiangchuan was silent.
He was silent for five minutes.
It wasn't until Zhang Hua thought he was shaken that Zhao Jiangchuan said quietly.
"Boss Zhang, you are also here, don't you still understand, wealth can be channeled?"
"Money can be channeled?"
Zhang Hua muttered.
Then, for no apparent reason, he shuddered.
Zhao Jiangchuan also said silently in his heart.
Calculating the time, the red-headed document should have been in Wei Zexi's hands by now.
Magic City, Wanbang headquarters.
Because the company's proprietary market has invested a lot of money in the short position of treasury bonds, Wanbang Securities has suffered a big loss in the past six months.
It's just that none of this has shaken Guan Pingsheng's will.
With the experience of studying abroad, Guan Pingsheng understands what finance is more than too many people.
After all, the financial history of European countries has been 100 years, and a lot of traces have been accumulated in this 100 years, and the fact that he was able to get a double master's degree from a long-established school of economics is enough to prove everything.
Without rich experience and accumulation, it is impossible for him to directly take over the position of general manager of Wanbang as the son of a poor family, and without outstanding ability, it is impossible to make Wanbang the largest securities kingdom step by step.
'The Godfather of Securities'.
The fact that the industry has given him such a title is enough to speak for itself.
Therefore, Guan Pingsheng is not in a hurry at all, even if the company's books have already lost more than a billion yuan.
He is very clear that the emergence of financial markets comes from the economy, and the economy must have certain laws.
Just like birth, old age, sickness and death, no one can escape from this most basic natural law.
During his study in Europe, he has understood that any wave of the financial market, although it is driven by funds, its general direction must be accompanied by fundamentals.
According to the current fundamentals of treasury bonds, the sky-high price of 128 yuan has exceeded the bank interest rate, which means that the price of treasury bonds has come to an end.
Guan Pingsheng is convinced of this.
Because, the Ministry of Finance will definitely not cut meat and spend more than 100 million yuan to subsidize 323 national bonds, and there is no need for the state to be the wronged leader.
With a clear understanding of the fundamentals, Guan Pingsheng decided to lead Wanbang Securities to continue to short, and he expects that the Ministry of Finance will reduce the "hedging subsidy", which will inevitably lead to a sharp decline in the market.
On the same day, after a highly confidential meeting, Wei Zexi had an extra red-headed document on his desk, a document he had been waiting for a long time.