At a time when oil prices in London were stalemate, Sioux City quietly came to the office on the second floor of the exchange. Leased by the Pan Asia Fund, it is less than 200 square meters and is crowded with more than 20 employees, as well as an equal number of liaisons.

The major shareholders of the other six companies, except for Dahua Industrial, are also excited about the fall in oil prices, or more precisely, they are excited about the upcoming profits.

Sioux City took advantage of the situation to hold a conference call and announced in a high-profile tone that everyone likes: "Up to now, the total amount of funds invested by the Pan Asia Fund is about 12 billion US dollars, operating with an average leverage of 15 times, and due to the success of the strategy of building a large number of positions in the early stage, the estimated profit is more than 15 billion US dollars......

This sentence alone detonated all the enthusiasm on the phone.

Among the shareholders of the Pan Asia Fund, Sioux City accounted for the highest proportion, with 25 percent, and also received a small amount of allotment shares after the withdrawal of recreation, and in the profit of more than 20 billion US dollars, Sioux City alone could get a staggering amount of more than 4 billion US dollars.

This amount of money is already much more than all the cash owned by Dahua Industrial, and it has generated at least 100% return relative to their investment.

The shareholders who participated in the conference call basically owned 1% of Pan Asia's shares, in other words, the participants in the conference call at the moment are already billionaires.

Such an incredible change in just a few days, or months, is really heart-wrenching.

For the gentlemen of the Pan Asia Fund, a profit of 30% is the best they could have imagined, and no one can guess it. Sioux City was able to push the price of oil down by two dollars, albeit by chance, albeit with deliberate intentions. But who doesn't have a bit of luck and no bit of cleverness across the highly competitive oil and finance industries?

There were waves of laughter on the phone, exotic Chinese words celebrating with those around you, and chanting like chanting, like a turbulent current. Bumping into the office, Sioux City also smiled and sat cross-legged. Wait for themselves to be quiet.

It was supposed to be a joyous moment.

It's like the first harvest of a land that has been cultivated for a long time, maybe the yield is not very high, but the happiness is even worse.

The little fat who stayed in the small office carried Yang Ming at the door with his back and pinched his fingers to settle the accounts. I didn't figure it out for a long time. asked Su Cheng in a low voice, "Master, is there a profit from my investment?"

When Su Cheng was embattled, Xiao Pang offered to pay for it, and almost all of his foreign exchange was taken out, and Su Cheng naturally counted it as an investment for him.

However, investing is more profitable than borrowing, but it also carries significant risks. Maybe you're going to lose it all these days. It's hard to say what kind of state Xiaopang is, but Qin Yun will complain about him if he doesn't talk well with his family.

Su Cheng glanced at him and said with a smile: "Fools have stupid blessings, the shares that Kangle retired from fell into my hands, even if it is your investment of more than 100 million US dollars, according to the current profits, you can still make so much." ”

Chubby didn't care whether the money would be wasted that day, and it was natural that he should also get a return on his investment, just as Kangle would suffer a loss.

Different from Kang Le's prediction, reducing his stake to 3%, the loss is not more than 10 million US dollars, but hundreds of millions of US dollars.

Xiaopang began to calculate the value of more than 100 million US dollars, and said: "When I go back, I must revive Fuwei, so much money, can I buy my father's state-owned enterprise?"

Su Cheng said strangely: "It's no problem to buy your father's state-owned enterprise, but what does this have to do with reviving Fuwei?"

With Qin Yun's toughness, the result of smashing with money is likely to hit his own feet, not to mention a man like Xiaopang.

Comrade Huang Ping was similar to the gentlemen on the other end of the phone, and they all began to diverge their thinking under the stimulation of excess profits, and only listened to him use a thoughtful tone and said seriously: "Aren't all shipyard workers tough guys? I secretly bought a shipyard, and when the time comes, gather everyone together and stand in front of Qin Yun.......

"When the time comes, you will have to hire a nanny if she can beat you in the future. Su Cheng patted Chubby's shoulder and said, "More than 100 million US dollars is equal to 2 billion yuan, buying a shipyard just to cheer people on?" Do you think Qin Yun is really angry or fake angry after he finds out?"

Xiaopang couldn't help but shudder, and said inexplicably: "Qin Yun has really trained her muscles, I have seen her lift a barbell in the gym, which is only two laps smaller than his father's." ”

Su Cheng shook his head helplessly, decided to change the topic of happiness, and said: "Now the operation is not over, if you are not in a hurry, the funds will continue to be placed, and there should still be profits." ”

"I'm not in a hurry, but I've made so much money, why don't we withdraw?"

"There's no hurry, there's still a chance. Su Cheng said firmly.

Xiaopang said indifferently: "I listen to you, it's a big deal to lose everything, I'll say that the master lost, Qin Yun dares to make trouble, just you help me teach her a lesson......"

Su Cheng patted Xiaopang's shoulder with pity and said, "If Qin Yun doesn't dare to trouble me, do you guess she will hold her breath so much, and when the time comes, who do you think will be taught a lesson." ”

Xiaopang looked out the window blankly, sighed leisurely, turned his back to Su Cheng, and said, "Master, you must win." ”

Yang Ming couldn't help laughing, and quickly reacted and said, "I'm sorry." ”

"It doesn't matter. Su Cheng replied for Chubby, and then grinned, "It's really funny." ”

Su Cheng and Yang Ming were almost laughing, and the noise on the phone slowly disappeared, and a man with an Italian accent occupied the line and said, "Chairman Su Cheng, what are you going to do next, do you want to quit or continue?"

"Is it President Desio?" Sioux put away his smile and sat up straight. The majority shareholder of the Pan Asia Fund is only an Italian, who is currently the president of GAC in the United States, a professional manager with both European and American backgrounds, who has led the company for 20 years. GAC, which once had assets of less than 10 million US dollars, has become a large oil company with assets of 1 billion US dollars, and Decio, as the president, has gradually owned 35% of the shares. His relationship in Venezuela is unique, and GAC has the ability to refine a range of lubricants. Business is booming, and Decio himself is a well-known elite in the oil industry.

The Italian smiled heavily, "It's me." ”

Su Cheng's hand rested on the chair, shook the chair slightly, and said, "What do you think?"

Decio didn't seem to expect Sioux City to ask himself, paused, and said, "I think it's prudent to end this round of operations, of course." If Su Dong has a better strategy, I would be willing to know. ”

Su Cheng didn't want Huo Ran to put forward his opinion, so as not to attract a lot of opposition.

Decio really wants to end this round of speculation.

After all. When crude oil fell to $16, it was widely believed that oil prices had reached a threshold. This is not only economic analysis, or fabled technical analysis, but also a natural idea born of the recent sluggish oil prices. It's not just a bull like Sumitomo Trading. Even the bears generally believe that a two-dollar reduction in oil prices is the bottom line. If this were not the case, with the less than $10 billion of funds from Sumitomo and Ito, there would be no way to prevent oil prices from falling below $16, entirely because some bold speculators have also quietly entered the market, going long in small quantities in order to make a big profit.

Su Cheng smiled at the corner of his mouth. After a pause, he said, "My original intention in convening this conference call was to unify everyone's opinions. We will also keep you updated on the latest information. If you have any comments and suggestions, please feel free to speak. ”

Hands-free telephones with only the sound of humming current.

After a while, Repsol's Yafon tapped the microphone and said, "I agree with Decio's opinion that it is more appropriate to end this round of operations. ”

"I think that going long on the backhand is the best way to maximize the benefits. Seeger's president, Jestein, was once one of Kangle's allies, and he was more focused on low risk and the return that matched it, but when he suddenly received a return of hundreds of millions of dollars, his mind inevitably changed, and he obviously believed in the futures market more.

"Backhand long should also be considered after all the positions are closed, with our current amount of funds, if you can close the position within $17 it is good, a careless, and may be forced short, I recommend starting to close the operation now. The Frenchman Gilles reminded.

Su Cheng interjected at this time and said, "I don't think it's in the scope of thinking about going long on the backhand. ”

"In that case, when will the discussion of shorting stop?" As a proud Spaniard, Afon was by no means a talkative fellow, and he never even attended a meeting of the Pan Asia Fund, but when Sioux City made $15 billion for Pan Asia's shareholders, Afonda's pride was no longer visible.

Instead, Sioux City became a respected president. Yafon would rather let go of Madrid's arrogance and make more money, or pocket his current profits.

Su Cheng was very satisfied with this progress, and said step by step: "That's right. The Pan Asia Fund has invested so much money that if it closes its position immediately, the result is likely to be a sharp decline in profits, so instead of that, we should find a way to continue to suppress oil prices, and I have strong confidence that oil prices will continue to fall. ”

"Less than $16?" someone asked right away.

Sioux City affirmed, "That's right." ”

"So, you still want to continue to invest money in the short side?"

"Yes. ”

After a brief Q&A, the conference call was once again in a standstill.

Obviously, the gentlemen who are thinking about keeping their current profits are far less enterprising than Su Cheng, and a few days ago, the opposition would have directly covered up Su Cheng's voice, but in the time when the plan was so smooth, someone still asked with anticipation: "Su Dong still has hole cards that have not been played, right?"

"Yes, although not 100% sure, I think there are factors in the market that are driving down oil prices. ”

"What is it?"

"I can't say it yet. ”

On the other end of the phone, at least thirty percent of the people were secretly scolding Sioux City, but there was no one who was clearly opposed.

The seven companies that make up the Pan Asia Fund are all bold companies in the industry, and with the lessons of recreation in front of them, these shareholders are probably in a struggle.

After waiting and waiting, the Italian sighed and said, "Just follow Su Dong's wishes, but I hope we can communicate in time." ”

"No problem. Sioux City paused and asked, "What about other people's opinions?"

"You have a majority, if I want to object, there seems to be no way, for such an important matter, I think there should be an active discussion......" Although Kang Le lost most of his shares, he still attended the meeting as a shareholder, unlike other people who still have various worries, what is he saying now.

Su Cheng let him finish his words, and continued: "If only a few people want to quit, I can redeem its shares, and the profit will be calculated according to the current amount." ”

At this moment, everyone was silent.

This round of speculation only lasted less than a day, and it was not dangerous to wait, and hearing that Sioux City's confidence was so strong, the other companies couldn't help but think too much.

Even Kang Le himself is holding 3% of the shares in his hand, reluctant to let go, the profit of this money is equivalent to a quarter of British Global Petroleum, which can be called a hen that lays golden eggs.

Sioux City unified his thoughts, ended the conference call, couldn't help but breathe a sigh of relief, and said: "The rest, it's up to His Excellency Aliyev, has he arrived?"

The plane arrived in Geneva an hour ago, and His Excellency Aliyev will spend the next two days meeting with representatives of OPEC member states. Yang Ming forcibly suppressed his excitement, this was a real international operation, which he had never imagined before.

Sioux City nodded noncommittally, not sure how much the final impact of the plan would be.

However, as long as Aliyev can secure an increase in production for Azerbaijan itself, oil prices will not continue to rise, at the very least.

…… (To be continued......)