Chapter 381: Off-line Funds
In the trading floor of the Stock Exchange, seeing that the Hang Seng Index is approaching the end of the market at 4 o'clock in the afternoon, it is still maintaining the strength of rising by more than 500 points in the repeated lifting of a sum of funds from the market seats of Tafook Bank. Pen & Fun & Pavilion www.biquge.info
"Say that if it goes up 500 points, will it be closed? It's really powerful! Zheng Fan stretched his waist and smiled informably.
"The boss personally goes out of the market, there must be strength, we have a very abundant amount of funds, if we just play against international speculators on stocks, we will definitely not lose." Chang Xufa's old face was flushed, and he rarely enjoyed the feeling of being at the helm.
"Just continue according to this idea, it will rise a little more today, and the index will reach 8303 points, and tomorrow it will stop protecting the disk and let the index fall freely." Zheng Fan glanced at the red electronic screen, and just smiled faintly.
"It's not closed yet, are you leaving?"
Qin Yan could clearly feel that Zheng Fan was not very serious.
"There are a lot of people today, and if you close and leave, I'm afraid it will be inconvenient." Zheng Fan took off his red vest and motioned for Keika Yoshii to help him put on the suit.
"There's an economic meeting in the evening, do you want to attend?" Qin Yan asked Zheng Fan.
"I'm not an official, and I won't change my operation plan in the future, what to do when I attend the economic meeting, if I really need to, I can let Chang Lao attend on my behalf, as the chief market representative of Tatfook Bank, he has this qualification." After Zheng Fan smiled, he had already signaled Yoshii Huixiang to leave the trading floor.
"I may also have something to do here, now that President Ji'er is not in Hong Kong, someone has to take care of the operation and operation of the holding company and Tatfook Bank." After Ye Qian apologized to Qin Yan, she hurriedly chased after Zheng Fan.
Outside the Stock Exchange, Zheng Fan and his entourage almost hurriedly got into the car, like thieves, as if they were afraid that others would see it.
"You stupid thing, you've been brainwashed, I didn't know it before, I thought you would understand it yourself, but I didn't expect you to be so ignorant." As soon as Ye Qian got into the car, Zheng Fan had already begun to roar wildly.
"It's true that I didn't think it through."
Ye Qian hid slightly to the car door, for fear of being hit by Zheng Fan's mouth.
"See those people in the observation deck today? They can't wait for Century Holdings to fight to the death with international speculators, and think that if you save the market with righteousness, you will highlight your character? The struggle in the officialdom and shopping malls is so fierce, it's your turn to show your ass, you look at the good mix, which one is not exquisite, I don't know if I can do practical things in advance and retreat, but I create people everywhere to suppress it, save the market like this, you think people will be grateful and runny, isn't it, it's good when you are used, and when you are not needed, you are not bullshit. Zheng Fan was like a hair dryer, constantly spraying Ye Qian.
Facing Zheng Fan's beep like a machine gun, Ye Qian didn't dare to say anything.
"Stop."
Zheng Fan's angry words to Yoshii Huixiang made Ye Qian's heart tighten.
"Fuck you, get out of here."
Seeing Zheng Fan kicking when he raised his foot, Ye Qian, who felt that he was going to be beaten early in the morning, reacted very quickly, and hurriedly hit the car door and ran out, even so, his body was still so strong that he couldn't stand up, and almost fell on the side of the road.
"Back to Century Building."
Seeing Ye Qian running into the Bentley car behind, Zheng Fan leaned over and pulled the car door with a bang, his face was gloomy as if he was about to drip water.
Huixiang Yoshii, who felt that Zheng Fan was in a bad mood, hurriedly drove, afraid that she would also suffer.
Because the Stock Exchange, which is also in Central, is not too far from Fuyin Plaza, the convoy has already driven in front of the Century Building in less than ten minutes.
Although she was afraid that Zheng Fan would become more and more angry, Ye Qian did not dare not follow, and the Bentley she was riding in almost arrived at the gate of the Century Building with the Rolls-Royce.
Zheng Fan got into the elevator with a calm face, but he didn't attack Ye Qian, the acting president, again in the Century Building.
Entering the self-operated department on the ninth floor, Luo Hong and Liu Mingxuan had been waiting for a long time, and when they saw Zheng Fan coming back, they hurriedly got up from the computer.
"It's been a good time, thank you guys."
Zheng Fan's face was heavy, and finally showed a slight smile.
"Thanks to the boss's instructions, let's take a quick look at the international gold spot, the trend of gold prices today is very strange." Luo Hong saw Zheng Fan's smiling appearance before he dared to speak out.
After observing the trend of the wide range of gold prices on the electronic large screen, Zheng Fan drooped his eyelids, making people unable to see through what he was thinking.
"Is the closing of the position still smooth?"
After a while, Zheng Fan asked Liu Mingxuan.
"It was not very smooth, except that we submitted an application for spot delivery of 2.5 million tons, leaving 880 million long positions, and the rest of the positions were flattened, but they were sold a lot of orders and pressed to about $320, and the floating win of the loss is definitely a big number." Liu Mingxuan looked unwilling.
"Why is this happening, where does the market get so many selling orders?" Ye Qian, who followed into the self-management department, already realized that she had made a big disaster.
"Report the amount of funds and profits."
Zheng Fan did not immediately pursue it, and some institutions deliberately suppressed the price of gold.
"This time we closed 2.22 billion long positions, the average opening cost was $282, the average closing price was $321, and the total profit on the book was $8.58 trillion, while after a wave of sharp upward rolling operations, there were still $20 trillion in the account, plus the opening cost of $0.62 trillion, our total amount of funds has reached $29.2 trillion, and the rest is the application position for spot delivery of 2.5 million tons." Liu Mingxuan said expressionlessly.
"The price of our spot delivery application is $327 of the gold price, and we need to prepare 28.83 trillion dollars, overall, after this gold reserve, we can leave $1 trillion in liquidity, which is already very good, and at the current gold price, our application for spot delivery is actually a loss of nearly $10." Luo Hong's tone was quite solemn.
"Looks like someone doesn't want us to go too well!"
The corners of Zheng Fan's mouth turned up, and the smile made everyone in the self-management department feel worried.
"Boss, the main institution that suppressed the gold price this time, the amount of funds seems to be very large, even the central banks of various countries, it is impossible to have such a ability, I even think, if we force it against it, the outcome is difficult to predict." Liu Mingxuan looked at Zheng Fan in confusion.
"You are wrong, as far as I know, looking at the international capital market, there is still the main capital, there is the ability to fight with us, do you remember, the collapse of the Soviet Union, those insidious and cunning big main forces, and the huge money that disappeared? Now that we have caught up with the Asian financial crisis, it seems that these off-line funds are unbearable again. Zheng Fan's laughter surprised Liu Mingxuan and the others.
"Leowanta has already been brought to justice, so who else will stand up?" Because of Luo Hong's relationship with Tatfook Bank, her understanding of the capital market has long been different.
"Although Riovanta is over, but the deep hidden in the deepest part of the international capital market, the abundant off-line funds have always existed, as long as there is money and power, two-legged puppets are everywhere, in fact, the main target of this risk-free capital is no longer Asian countries, but aimed at Century Holdings." Zheng Fan said with a playful smile.
"If it is an ordinary main institution, it really does not dare, and it does not have the strength to compete with us in the international gold spot, but I think that with the fundamentals of the international gold spot, coupled with the amount of our funds, even if it is a big war, it may not be at a disadvantage." Liu Mingxuan showed a certain amount of confidence.
"Majestic funds can not be with the market fundamentals, resulting in long-term divergence, but the success or failure of the leverage confrontation, what is important is the advantages and disadvantages of a short period of time, once the war opens, it may not take a day to decide the winner, want to defeat the only market of Century Holdings, is the international gold spot, do you know why?" Zheng Fan lit a cigarette and walked a few steps with a smile.
Not only Luo Hong, but even Liu Mingxuan shook his head in confusion.
"The key is the first batch of 2.5 million tons of gold reserves of Century Holdings, which accounts for most of the liquidity, when the war is not white-hot, maybe you can't see anything, once the two sides are really fighting for funds, we have a tight time, as the main force of many parties, do you want to sell spot to cash? If this is the case, I am afraid that our gold reserves will become the straw that crushes us. Zheng Fan explained with a sneer.
"In this way, today's sell-off in the international gold spot is trying to lure us into a counterattack?" Liu Mingxuan somewhat understood at this time why Zheng Fan gave the order to resolutely close the position.
"I'm afraid it's not just that, if we are under pressure to rebound, I believe that this off-line funds eat the grasp of Century Holdings, or quite large, even if we continue to close positions, in terms of the fundamentals of the international gold spot, off-line funds can be at a relatively low level, take over our positions, and then do a wave of upward market, otherwise you think that the 2.2 billion long positions, in a relatively low position why will it be so smooth? Without an extremely majestic large amount of money to receive goods, let alone a day, even if it is a week, our positions will not be able to come out completely. Zheng Fan looked at the large electronic screen and looked quite calm.
"The other party came prepared, no matter what, they took advantage of us, if it wasn't for the continuous suppression, we would have more floating wins on our books, and now it seems that we have indeed been targeted." Liu Mingxuan frowned and said.
"It's all in the past, relax, I have to admit that the timing of this off-line fund is very good, but if you look at the results, it is a win-win situation, although we lost part of the profits, but successfully completed the liquidation." Zheng Fan showed a playful smile.
At this time, Ye Qian could even think that Zheng Fan was dragged to the Stock Exchange, and the operation of Century Holdings was attacked, which can be said to be hanging by a thread.
"At first, this off-line fund, just threw 20 million hands, it is estimated that we are still closing the position, this is vigorously pressed, if we do not submit a spot delivery application, not to mention the gold price of 320 US dollars, may not be able to beat 300 US dollars, our long positions will be very dangerous." Liu Mingxuan recalled the review.
(The third update will be sent.) )