Chapter 109 Hang Seng Index

Fang Yi looked at her appearance, also a little sympathetic, and at the same time a little grateful, she let herself think of a way to solve the financial problem and said, "This position of yours has not been liquidated, it can be regarded as our fate, take another 10 days, and then close the position at any point, no matter the ups and downs in these 10 days, if you don't want to close, so that your previous losses will come back, maybe you can make a small profit." After speaking, he left with Zheng Rongjun, because Fang Yi just saw the trend chart and remembered that the university finance teacher talked about the Hang Seng Index in 2000, focusing on the decline that began in February 2000, but there was a very strong V-shaped rebound in the middle, and the bulls' counteroffensive was launched from the close of tomorrow on May 30, and since then Fang Yi has not stopped studying futures, crude oil, Gold, U.S. stocks have been involved, in 2015 he also played a period of domestic spot, with the help of the loophole between the two spot companies in Qatar frozen production conference to earn more than 100,000 yuan.

Zheng Rongjun followed behind Fang Yi and asked, "Mr. Fang, do you still know what kind of futures you have?"

Fang Yi smiled and said, "You don't want to think about what major I am, when I was in high school, my teacher told us that it was very profitable to speculate in stocks, and I was curious and bought some books to read, so I have some understanding of these aspects, the futures just now are based on stock prices, which are different from stocks, because stocks can only be bought up, and stock index futures can not only be bought up, but also bought down."

"Then why haven't we heard much about it in the mainland?" Zheng Rongjun said

"We don't have this kind of trading product in China now, but it will definitely be introduced into China in a few years, which is an inevitable trend. Fang Yi explained

Zheng Rongjun nodded, Fang Yi looked at his watch and said, "Help me call Huang Hua and say that I will invite him to dinner at noon today."

In the hotel's Chinese restaurant, Fang Yi and Zheng Rongjun sat in their positions while drinking tea while waiting for Huang Hua's arrival, Zheng Rongjun looked at his watch impatiently and said, "Mr. Fang, we all went to the bank, why hasn't this Huang Hua come yet?"

Fang Yi smiled and said, "What are you anxious about, if you are really hungry, go and order a noodle to the bottom first"

Zheng Rongjun dared to say that he had been hungry for a long time, and said strongly, "I'm not too hungry, so let's wait for him."

By the time Huang Hua arrived, it was almost 1 o'clock, Zheng Rongjun felt that he was going to be so hungry that his chest was pressed against his back, and he said to Huang Hua unhappily, "Mr. Huang, we have been waiting for you for almost two hours."

Huang Hua sat down and apologized and said, "I'm sorry, I'm stuck in traffic on the road, I'm late, I'll invite you this time" and began to pour tea for the two of them, expressing his apology.

Fang Yi stretched out his hand to stop him and said, "Rong Jun, don't say that, we didn't make an appointment with Mr. Huang in advance, we are all hungry, so we will serve food and eat first, and when we finish eating, we will chat while drinking tea."

Zheng Rongjun beckoned the waiter to serve the food and whispered, "I'm going to drink water poisoning"

In the private room of the hotel tea workshop, the waiter exited the room after serving tea, Zheng Rongjun poured tea for Fang Yi and Huang Hua, and Huang Hua opened his mouth and asked, "Mr. Fang, are you in such a hurry to find me for something?"

Fang Yi picked up the tea and gestured to Huang Hua before saying, "Mr. Huang, I'm sorry, I asked you to come from Shenzhen all the way, mainly because this matter is very important to me, so I have to work hard Mr. Huang."

Huang Hua nodded and said, "Mr. Fang, please say something, if I can do it, I will definitely help you do it."

"Does Mr. Huang have any friends who are engaged in securities in Guangzhou?"

Huang Hua quickly searched in his mind and said, "Mr. Fang, because my work and life circle are in the sales of computer accessories, but my lover's office has a colleague's husband who works in a securities company."

Fang Yi didn't expect that this circle was still a little far, the husband of his lover colleague, but something is better than nothing, and said, "Mr. Huang, can you help me contact me now, I want to visit this person and consult about the securities business"

Huang Hua fixed his eyes on Fang Yi, seeing that he didn't seem to be joking, he took his mobile phone and walked to the side and started to call, ten minutes later, Huang Hua sat back in his position and said, "Mr. Fang, contact it, their business hall is in the YX area, not far away, let's take a taxi."

The three of them took a taxi to Guangtong Securities located in YX District, and went directly to the second floor through the hall, in the reception room of Guangtong Securities, Fang Yi saw Sun Tao, the account manager of the securities company that he found in a big circle, Huang Hua introduced each other to each other, Fang Yi asked, "Manager Sun, do you Guangtong Securities have Hang Seng Index Futures business?"

After hearing this, Sun Tao shook his head and said, "Mr. Fang, the Hang Seng Index Period has not yet been opened in China, so we can't handle relevant business yet."

Fang Yi was a little puzzled, how did the young lady in the mall fry. He asked, "Is there any workaround to operate Hang Seng Index Futures?"

Sun Tao looked at Huang Hua, then at Fang Yi and said, "There is a method, and everyone operates like this, but if it swings on the table, it is not very compliant."

Fang Yi stretched out his hand and gestured to Sun Tao, saying that he would continue, "Now many GD securities companies have cooperated with securities companies in Hong Kong, introducing customers for them, and charging a certain commission and service fee"

Fang Yi asked, "How does it work, does your securities company have this business?"

Sun Tao nodded and said, "We also have this business, but it is all non-public, and it is only known to some large customers."

Fang Yi said, "Then please ask Manager Sun can you help me handle this business, I want to carry out relevant investment operations"

Sun Tao said, "There is no problem in opening an account, Mr. Fang, we open an account for you through other channels, because the Hang Seng Index is settled in Hong Kong dollars, and we also need to help you convert RMB into Hong Kong dollars, so we will charge a certain commission."

Fang Yi asked, "What kind of standard is that?"

Sun Tao said, "2% will be charged for less than 1 million, and 1% will be charged for funds above 1 million, I don't know how much money Fang has in total?"

Fang Yi calculated and said, "I am ready for 3 million Hong Kong dollars, how many times is the leverage when operating?"

"Mr. Fang, although our account opening operation is not very compliant, the entire trading process is legal and compliant, according to the normal rules, 16 times leverage, when are you going to open an account?" Sun Tao asked

Sun Tao asked while operating the computer, "Mr. Fang, our company can also provide you with matching funds" Matching capital means that the matching company will give you a certain proportion of funds for your use on the basis of your original funds, which can play a role in amplifying leverage in the financial market, and will also increase the risk and return of investors.

Fang Yi asked, "How much can be allocated?"

"After the allocation, you only need to pay 10,000 Hong Kong dollars per lot when you operate the Hang Seng Index, and we charge 5% monthly interest on the allotment amount," Sun Tao said

Fang Yi secretly said vampire, according to this interest, the annualized interest rate is 60%, but no one uses the allocated funds for a year, basically short-term position operations, and returns them immediately after closing the position.

That Fang Yi said, "Okay, open the matching fund for me, open it now, my funds are ready, you can help me calculate the exchange of 3 million Hong Kong dollars, plus how many yuan will be needed for your commission?"

Sun Tao checked the current exchange rate between RMB and Hong Kong dollars on the computer, calculated it, and said, "Mr. Fang, according to the current exchange rate, you need to pay 3.18 million yuan for 3 million Hong Kong dollars plus commission, minus the fraction."

Fang Yi took out his documents and went through the account opening and deposit procedures with the bank and Sun Tao, and an hour later, Fang Yi and Sun Tao returned to the reception room, Fang Yi asked, "Manager Sun, if I need to withdraw cash, do I also have to convert Hong Kong dollars into RMB through you?"

Sun Tao nodded and said, "If Mr. Fang needs to change to RMB, then we will definitely help."

Fang Yi smiled, it turned out that they charged in both directions, they collected it once when they went, and again when they came back. Fang Yi looked at the time that it had just reached 4 o'clock in the afternoon, and the afternoon had not yet closed, and said, "Then can I borrow Manager Sun's computer now to look at my backstage and disk?"

Sun Tao nodded and said yes, and gave up his computer seat.

Fang Yi turned on the computer and looked at the point of 13702 points near the closing price of the previous day, at the technical level, the daily line on May 29 is a perfect cross, which is a sign that the disk is going to stabilize, and then compared the K-line memory chart in his mind, this time is not far from today's lowest price, decisively placed more than 200 hands in a position of 7, in the daily turnover of tens of billions, Fang Yi's 200 hands did not cause any waves at all.

Sun Tao saw that Fang Yi was not only looking at the plate but also kept typing on the keyboard, and walked behind him curiously, don't be nervous about this look, and then carefully looked at the number of transactions and said, "Mr. Fang, you placed an order so soon."

Fang Yi looked at the disk and his transaction information again, turned off the trading interface, stood up, and asked, "Manager Sun, you can also place orders by phone, right?"

Sun Tao hadn't woken up from Fang Yi's quick order just now, more than 200 orders went down in less than 1 minute, without analyzing the disk at all, without considering technology, what kind of investment is this, this is completely gambling, hearing Fang Yi's question, he nodded mechanically.

Fang Yi didn't care about Sun Tao's current thoughts, shook hands with him, and said some words of thanks to lead Zheng Rongjun and Huang Hua outside.

Walking out of the securities company, Fang Yi let out a long breath and said to Huang Hua, "Mr. Huang, thank you so much today, if it weren't for you, I wouldn't even be able to touch the temple gate, Rong Jun and I are going to our research center in Guangzhou, do you want to go with us?"