601. Finally got your wish!

At this moment, Xiangjiang, Standard Chartered Building, the chairman's office, Chen Hui ended the chat with Zhang Xiaolei, and then began to pay attention to the trend chart of GBP/CAD.

Chen Hui currently holds a long position of 2 million contracts of GBP/CAD, and he intends to find an opportunity to close all 2 million lots.

At this moment, the pound/CAD is still in a state of shock, and Chen Hui is not in a hurry to close the position, he still wants to wait for the GBP/CAD to rise higher before closing the position.

At present, GBP/CAD is at 1.8560, and Chen Hui's long position of 2 million GBP/CAD positions has an average opening point at 1.7890, with a total floating profit of 670 points, totaling $13.4 billion!

Seeing that GBP/CAD made a profit of 670 points, Chen Hui was a little excited, and couldn't help but have a trace of regret in his heart, why didn't he establish more long positions in GBP/CAD in the first place!

Under Chen Hui's quiet waiting, GBP/CAD is oscillating around the 1.8560 level, and the current trading volume is not large.

Chen Hui was not in a hurry, he gently tapped the table with his fingers, and took a sip of the best panda tea from time to time!

At this time, Zhang Xiaolei's message came again, "Chairman, Temasek Holdings has pledged 25% of the shares of Standard Chartered Bank!

Chen Hui looked at this message and smiled with satisfaction, last time his black shirt capital spent a total of $8 billion to acquire a 29% stake in Standard Chartered Bank, and then joined HSBC and Bank of America to snatch the operation and management rights of Standard Chartered Bank from Temasek Holdings. However, Temasek Holdings is still the second largest shareholder of Standard Chartered Bank, and Chen Hui is the largest shareholder, although he has a 29% stake, he always feels uneasy, his heart is not steady, and he has tried his best to get a 25% stake in Temasek Holdings, and today he finally got his wish.

Wait for Temasek Holdings to blow up its position, pay it back, and then let Standard Chartered resell the 25% stake to itself!

He already has 29% of the voice of Standard Chartered Bank, and with the 25% of the voice of Temasek Holdings, it is equivalent to having 54% of the voice of Standard Chartered Bank, and Standard Chartered Bank can also be regarded as its own private bank in the future.

Thinking about Chen Hui, I am very excited, Standard Chartered Bank will also swallow DBS Bank in the future, and then acquire some big Malaysian banks, and become a giant bank with trillions of dollars in assets! This influence in the world can no longer be ignored!

Chen Hui replied: "Well, Miss Zhang has worked hard, and she has done a great job!"

Zhang Xiaolei said: "Running errands, it's not hard!'."

The two chatted again, Chen Hui ended the chat with Zhang Xiaolei, and then stared at the GBP/CAD chart, at this moment the GBP/CAD has risen to the 1.8570 position, and suddenly fell 10 points in less than 3 minutes, falling back to the 1.8560 position.

This is when an important UK economic data came out, the CBI retail sales differential for January

Previous value 14

Expected 25

Published value 34

The British Confederation of Industry (CBI) surveyed about 160 retail and wholesale companies and compiled an index based on the results. The survey includes respondents' assessment of the current state of sales. is a leading indicator of consumer spending, as retailer and wholesaler sales have a direct impact on consumers' purchasing levels. The retail sales spread above zero indicates an increase in consumer spending, which is good for economic growth and good news for the pound.

This data was very positive for the pound, and immediately the GBP/USD pair began to skyrocket, rising by 80 points in 20 minutes.

GBP/CAD is no exception and is even more ferocious, rising 100 pips in 20 minutes, from 1.8560 to 1.8660.

Chen Hui watched this scene and immediately began to choose to close the position, instantly closing the long position of 500,000 contracts of GBP/CAD. The GBP/CAD pair was about to go crazy and suppressed by 30 pips, falling from 1.8660 to 1.8630. Then it was supported, and soon after it rushed up 20 points from the 1.8630 level again, reaching the 1.8650 level.

Chen Hui's expression was happy, and he thought that the pound/Canadian dollar would not rush up!

Immediately, he continued to close the long position of 500,000 contracts of GBP/CAD, and once again suppressed GBP/CAD, and in less than 10 minutes, GBP/CAD fell to the 1.8610 level, a full 40 points before it was supported.

Chen Hui saw that the GBP/CAD was supported, and breathed a sigh of relief, thinking that the GBP/CAD would languish!

After another 10 minutes, GBP/CAD rose by another 20 pips, from the 1.8610 to the 1.8630 level.

"It seems that there are a lot of people chasing GBP/CAD in the market! Many people buy the bottom when GBP/CAD falls! But I can continue to close the position!"

Chen Hui immediately unceremoniously closed the long position of 500,000 hands of GBP/CAD again, and immediately suppressed GBP/CAD again, this time GBP/CAD was closed by Chen Hui's 500,000 hands, and it took 50 points to completely brake!

In just 15 minutes, GBP/CAD fell from 1.8630 to 1.8580.

Let the market be surprised, just now the British economic data is so good for the pound, GBP/USD is still in a strong state, but I didn't expect GBP/CAD to become a weak currency!

Suddenly attracted a lot of bulls to buy the bottom! Crazy to buy GBP/CAD!

Immediately the trading volume of GBP/CAD was magnified even more! GBP/CAD began to rise, from the 1.8580 level soon broke through the 1.8600 level again, and then continued to rise, rushing to the 1.8610 level, immediately stopped, after a few minutes, the GBP/CAD did not be able to gain a foothold at the 1.8610 level, fell to the 1.8600 level, and after a few minutes, the GBP/CAD rose again, and soon rushed to the 1.8610 level.

Seeing this situation, Chen Hui immediately closed the last 500,000 lots of the long position of GBP/CAD! Now Chen Hui is in a hurry and has no time to pay attention to the trend of GBP/CAD, and the key point is to wait for the trend of USD/CAD! Therefore, Chen Hui's list of closing positions at one time is also very large.

GBP/CAD fell sharply again because of Chen Hui's 500,000 lot closing order, falling directly by 50 points, straight to the 1.8560 position, before stopping. Just fell back to where it was before the UK economic data.

GBP/CAD has once again experienced a ** plunge and surge!

During this period, there were countless short liquidation and stop loss, and there were also many bulls who were chasing the rise who were hedged at a high level, or stopped loss!

In the case of sharp declines and soars, short and long may lose money!

Chen Hui's long position of 2 million contracts of GBP/CAD was closed at 1.8610 on average, with a total profit of 720 points, totaling $14.4 billion!