Yang Jingshan still thinks that he is going to stay in London for a while, no matter what, this is also one of the best futures actions in recent years, not to mention how long it takes to prepare, it is not surprising that the long and short sides have been competing for a month or two.

Therefore, when Su Cheng said that there was a "big drama" not long ago, Yang Jingshan was skeptical.

As for now, he really believes.

Tens of billions of capital flows, thousands of companies confront, in the eyes of Yang Jingshan, who has been in contact with finance all his life, he seems to be in a rain of bullets, and the constant roar in his ears is the bombardment of money and intelligence...... Moreover, when the intensity of this bombardment increases and the time increases, all that is left is money.

Intelligence or something, it's only useful before the big war, and after that, it's always a world where firepower reigns.

In the trading pool, there are people leaving the market all the time, and there are people cheering all the time.

Citibank pleaded guilty and left the market, with a huge loss of more than $30 million.

Industrial Bank pleaded in and left the market, with a huge loss of more than 50 million US dollars.

Enron Energy pleaded in and left the market, with a huge loss of more than $100 million.

Lehman Brothers pleaded guilty and left the market, with a huge loss of more than $150 million.

……

By the end of the manual outcry at 19:30, at least more than half of the bulls had closed their positions, while the short-sided Pan Asia Fund had reduced its position by two-thirds.

Sumitomo Trading Co., Ltd. is still bleeding to close the position, the direct loss has exceeded 3 billion US dollars, they failed to sell the heavy position in the artificial outcry stage, so they continue to sell in the electronic disk stage, unlike the artificial outcry period, there is communication and control between traders, the electronic disk is a more cruel battlefield, it does not care whether the price of crude oil is normal, nor does it care about people's psychological expectations, it only focuses on the balance of funds.

New prices were quickly discovered.

$14.20.

$14.10

……

$13.92 appeared at 8 p.m., officially announcing that crude oil had fallen below $13, a multi-year low.

This was a situation that Sioux City had not anticipated, but it also made sense.

It is not so much that oil prices below $14 are an overreaction of the market, but that collateral losses exist in the futures market all the time.

There are more people chasing up and down crude oil than people who insist on value, and for profit, even if it is a "scalping" transaction with a 1-cent difference, there are special economic companies doing it, not to mention the bearish market that soars down 3,000 feet.

At 21 o'clock in the evening, Hirano Hidetomo couldn't bear to look at it, and Michio Matsumoto was also pale.

However, no one can quit anymore.

Sioux City's pan-Asian funds are reluctant to exit, they have a vested interest.

Sumitomo Trading and his pseudo-allies are also reluctant to withdraw, insisting that closing positions can at least control losses, and no one can afford to wait another night.

By tomorrow, the price of crude oil may rise or fall, but for most leaders like Sumitomo Trading, Michio Matsumoto clearly knows that as long as he is still in a heavy position, he is not qualified to wait.

Occasional rises are not enough for them to clean up their remaining tens of billions of dollars, while occasional declines will inevitably result in losses.

Even if the blood is flowing, it can only be endured in silence.

Pain is the main theme of the futures market.

Happiness can only be temporary.

However, for a cultivator like Sioux City, it was enough for him to see autumn.

During the harvest season, the faces of the victors are glowing with a golden halo, and the feet of the losers are bleeding.

There's no battlefield more lethal than here.

There is no fairer battlefield for the capitalist world.

Citibank is one of the four major crude oil giants in New York, Industrial Bank is the hegemonic financial company in Europe in the 90s, Sumitomo Corporation represents the highest financial strength of the general trading company, and Enron and Lehman Brothers are the banners of the new financial companies of this era...... However, there is no shortage of those who should lose and those who should be compensated.

In the eyes of Sioux City, this seems to be normal, Citi and Sumitomo can be heard from time to time, and Lehman Brothers and Enron have "already" closed their doors. Bear Stearns, who has not yet been completely liquidated, is also in the same fate.

When the so-called century-old foundation is to be destroyed, it will not take a few years.

However, Sioux City's composure failed to infect Yang Jingshan.

This second-generation official, who is familiar with China's banking system, understands China's import and export business, and has studied in France for a long time, even in his dreams, does not think that the traders of Société Générale will not be able to play with China's private companies, and as for Citibank and Lehman Brothers, which are creatures at the top of the Wall Street food chain, it is difficult to leave a direct impression on him.

Even in the middle of the European continent, they are too far away.

Born in China in the 60s, Yang Jingshan shouted all kinds of slogans and believed in all kinds of theories, but neither the classroom nor the society provided him with comprehensive information. When he first came into contact with European banks and American financial institutions, he was in the mood of a pilgrim, he had seen the ugliness of European and American bankers, but he still believed in the strength of European and American banks.

Until this moment.

An unreal moment.

At 22 o'clock in the evening, Sioux City rang the bell and said softly: "We have entered a period of pure profit. ”

Yang Jingshan was not only dumbfounded, but also at a loss.

The Pan Asia Fund still has tens of billions of dollars of crude oil futures contracts left unsold, and even then, profits have been generated, and the crude oil futures contracts that are sold are all pure profits.

This is rare.

Yang Jingshan didn't know the specific scale of the Pan Asia Fund, nor did he know how much Su Cheng earned, but looking at the numbers jumping on the electronic screen, thinking that a Chinese company was dominating all this, Yang Jingshan suddenly felt an inexplicable touch.

Deeply moved.

It seems that it is back to the junior high school days.

What you know is the whole world, your own world affects you, and your pride affects the world......

Before the end of the electronic market, the Pan Asia Fund finally closed all its positions and took all the profits into its arms.

At the same time, many financial institutions, such as Sumitomo Corporation, Ito Corporation, Bear Stearns, BP, and Total, have also completed "risk control" and lost all of them.

Sumitomo Corporation, which lost the most money, controlled the "risk" to $5.2 billion, Ito Corporation controlled the "risk" to $1.4 billion, and BP and Total both reduced the "risk" to less than $1 billion, all of which created the largest losses in recent years.

Su Cheng, Qi Xiao and Qin Yun crowded in front of the computer and began to look at the 11-figure dollar account.

Tens of billions of dollars in cash accounts are not common, except for large banks, ordinary industrial companies, even if the scale is tens of billions of dollars, they may not be able to find a billion dollars in cash, as for the tens of billions of dollars in cash, to be precise, it is a $75.8 billion cash account, which is not seen in the financial accounts of many countries.

During the same period, China's foreign exchange reserves were $51.62 billion, and by next year, they will only be $73.59 billion. Of course, the domestic money printing press can print as many banknotes as it wants, but the boss of the State Department has to issue bonds if he wants to spend money internationally. And in 1994, China did issue US dollar bonds internationally, with a total amount of $1 billion, which is pitiful.

Of the $75.8 billion received by the Pan Asia Fund, $17.5 billion was principal and $51.3 billion was profit, which alone exceeded the domestic foreign exchange reserves at this time.

At one point, the Pan-Asia Fund has more money than most of the world's economies.

Of course, Dahua Industrial received 25% of it, totaling $12.8 billion, plus the profits from the CFDs operated by its own reading power, the total reached $17 billion, which is equivalent to its own scale reaching the scale of a pan-Asia fund.

The total amount of cash in Dahua Industrial has to count the $4 billion it owns.

In other words, after months of planning and weeks of execution, UOB has transformed into a $21 billion cash-filled behemoth.

This kind of scale and speed cannot be said to be unique or rare before the emergence of the new rich in the Internet age.

Qin Yun, who could say it the most, looked at the extremely simple number and began to be in a daze.

In fact, the more people who understand finance, the more they can understand the enormity of this set of numbers. As an ordinary person, the welfare lottery prize of 5 million yuan may be a big number, Dahua obtained 17 billion US dollars, in exchange for Chengren currency, as high as 142.8 billion yuan, equivalent to 28560 5 million, if you consider the 94 to 04 years, and then to 14 years of inflation, this is an astronomical amount in the full sense, to give an alien who traveled to the earth 400 years of time accumulation, can save not necessarily so much.

Moreover, the full assets of Dahua Industrial are not just cash.

"I didn't expect that. Even Su Cheng himself was shocked and only sighed.

Qi Xiao muttered to himself: "I don't believe it, you must have expected it." ”

Su Cheng shook his head and shook his head, relieved his emotions, and said: "I thought that the first third of the position was the most profitable part, but I didn't expect that the last third was the most profitable part, isn't this scientific?"

Qin Yun's eyes bulged like a goldfish, his head seemed to be sucked into the monitor, and said, "You pluck a hair down and let the laboratory do a project, you will definitely be able to find the scientific part." ”

Yang Jingshan listened to their words, looked at their expressions, scratched his ears and cheeks anxiously, didn't care about face, and asked, "How much?"

"Quite a lot. Su Cheng glanced at him, but didn't say the number.

Yang Jingshan had no choice but to guess in his heart: Pan Asia is estimated to earn more than 10 billion US dollars, Dahua Industrial should have more than 1 billion, maybe more, even if it is less than this, it is not much, at least 800 million US dollars...... That's more than 7 billion yuan, scared ...... No way......

Xiaopang is not sensitive to numbers, and is infected by the celebratory atmosphere around him, so he chooses the weights and measures he is familiar with, and asks: "If you buy Moutai, you can buy it for all ages." ”

"Pluck the hairs down, maybe it's enough to buy the Moutai Distillery. Qin Yun decided to carry out the sweat to the end.

Speaking of which, if it were to be used for personal consumption, even the most luxurious products would now be able to be done with just one hair, if the purchase of a distillery could be considered for personal consumption.

Qin Yun even couldn't help but calculate: If more than 20 billion US dollars are exchanged for Chengren currency and deposited in the bank, it will be deposited as a current account...... The current interest rate is 3%, 5 billion yuan of interest a year, 400 million yuan a month, and more than 13 million yuan a day.

"Boom-"

The closing bell rings.

The long-running crude oil futures war seems to have come to an end.

More than ten seconds later.

"Smack!"

"Smack!"

"Bang Bang!"

But there were countless applause, resounding in all corners of the crude oil futures exchange.

Traders from Europe, from the United States, from Asia, in their own way, commemorate the birth of the legend.

Regardless of nationality, individuality, or company...... Here, only the victors and the rolling gold coins can be honored in the purest form.

Yang Jingshan quietly lay by the window, breathing hungrily the air of respect from the West, but in his eyes, the image of Su Cheng became extremely tall.

"Perhaps, I should quit my job and join a private company, for example, Dahua Industrial ......" The thought popped into his head, and Yang Jingshan could no longer stuff it back.

……

…… (To be continued.) )