Chapter 241 London International Petroleum Exchange

The establishment of a branch of the scientific research center in Wensong County has been settled, and Zhang Bin is relieved.

One of the most important purposes of his trip was to convince Melinda to facilitate the event.

However, the current problem is time, there are still ten months until May next year, and once it comes to this level of cooperation, it will have to be discussed for at least a month or two.

And then a little delay elsewhere, maybe a few more months.

Zhang Bin must make it possible for the branch to be officially completed in March next year.

This time he went abroad, Zhang Bin also saw something that surprised him very much.

That is Zhou Jingyu's affinity, she seems to be able to mingle with these people wherever she goes.

After the luncheon, Zhou Jingyu had become good friends with the three children.

Even the proud Jennifer followed her and shouted her sister.

The youngest Phoebe had to be led by Zhou Jingyu.

Because of Zhou Jingyu's relationship, even with Jennifer, they were a lot more polite to Zhang Bin.

This scene was simply stunned by Zhang Bin, he was completely convinced of Zhou Jingyu, she was simply a social expert, and if she went out in the future, it would be invincible.

"Bin, I think it's better for you to leave alone and leave Yu behind, I think my children seem to be inseparable from her", Melinda and Zhang Bin stood on the side and watched Zhou Jingyu play with the children, and said with a smile.

"If she has a holiday, I will bring her over again, but now I am afraid it will not work," Zhang Bin said.

"Well, I'll call me then, I'll make arrangements," Melinda said.

Zhang Bin was originally going to go directly to London in the afternoon, but was very firmly rejected by several children.

Zhang Bin was also worried that Zhou Jingyu would not be able to stand it if she was in too much of a hurry, so she stayed at Gates's house.

On the morning of the 26th, Zhang Bin and Zhou Jingyu bid farewell to the Gates family and headed for Washington Dulles Airport.

Eight hours later, Zhang Bin and his family arrived at London Heathrow Airport on their plane.

It would be nice to have someone familiar with English by his side, and Zhang Bin and they went straight to the Hilton Hotel in London.

In the car, Zhang Bin called Hao Ren and asked about the progress of the matter.

Hao Ren said they had stayed at the hotel and had opened an account on the London International Petroleum Exchange.

That's right, Zhang Bin's purpose this time shifted to the London International Petroleum Exchange, where he wanted to invest in Brent crude oil futures.

What year was the craziest time for oil, and everyone who has an impression knows that it began in the second half of 07 and lasted until 08, which can be said to be the craziest time for oil.

The international crude oil price was once close to $150 per barrel, which can be said to be crazy oil.

At this time, the price of oil can already be seen to rise, and the price of a barrel has exceeded 50 US dollars.

At the Hilton Hotel, Hao Ren opened a single room, Wang Zihang and his wife opened a single room, Zhang Bin and Zhou Jingyu finally opened two single rooms, and Chen Yi and Wu Long occupied one.

After a night's rest, on the 27th, Zhang Bin's $230 million was transferred to the account.

This time, Zhang Bin found Goldman Sachs' investment bank in London and opened an account, and the interest rate seemed to be a little higher than the last time at Merrill Lynch, but it didn't matter much.

Compared with Merrill Lynch, it is safer to be affiliated with Goldman Sachs.

Involving large customers worth hundreds of millions of dollars, even Goldman Sachs still pays great attention to Zhang Bin.

On the same day, Goldman Sachs, a manager at the London investment bank, Dan Sachs. Ivor and Zhang Bin had a short meeting, and the process of the meeting was mainly to get to know the necessary understanding and Zhang Bin's investment requirements for the futures.

Zhang Bin said that Goldman Sachs only needs to help carry out the corresponding operations, and it has a special team for specific analysis.

Of course, Ivor will respect the requests of the guests, because they will not lose any of the money they earn, and they can also share some less risks, after all, if the venture capital loses, it will affect their reputation somewhat, especially for big customers like Zhang Bin.

Chinese New Year's Eve four years old this year, Ivor can be regarded as a relatively young manager promoted by Goldman Sachs, and they have a certain understanding of the young Zhang Bin.

A few months ago, Zhang Bin earned more than $200 million from stock index futures contracts in New York, USA, in just half a month, and then his account earned nearly $50 million in the next few months.

Now that Zhang Bin has come to London again, and he has brought so much money, I am afraid that he is ready to make a big profit again, but Ivor is also looking forward to whether this young investor from China has the luck to make a fortune again.

On the 27th, Zhang Bin and the others began to buy Brent crude oil futures contracts one after another.

At this price, the price of a barrel of Brent crude oil is about $56, and there are 1,000 barrels per contract, for a total of $56,000, and a margin of $8,400 per contract.

Zhang Bin has a total of 230 million US dollars, and he can buy a total of 27,400 lots, but he doesn't want to do this.

The current funds are enough for Hao Ren to operate for a while.

Mr. Zhang called Mr. Johnson and asked him if he could give him a loan.

Johnson asked him how much, and Zhang Bin said several hundred million.

Johnson hung up the phone and showed up in London the next day.

He will not hand over hundreds of millions of dollars of loans to others, although this is no longer his agent chassis, but what does it matter, making money is the first thing.

Zhang Bin is still ready to mortgage the assets in his hand like last time.

However, because the mortgage this time is long-term, Zhang Bin needs to find a strong bank.

Another reason for looking for Johnson is that Zhang Bin owns two layers of shares in Harlan Winery, and he doesn't want too many people to know about it, and Johnson happens to be one of the insiders.

On the afternoon of the 28th, Zhang Bin and Johnson sat in the hotel room and began to bargain.

Johnson doesn't look at Zhang Bin's other assets, after all, there is not much value at present, he only looks at the two percent of the shares of Harlan Winery in Zhang Bin's hand.

In the end, Johnson agreed to exchange the shares for a $300 million loan, with a term of six months, at the normal bank rate.

On the 30th, Zhang Bin's account once again had an extra $300 million.

Ivor called Zhang Bin as soon as possible to confirm the origin of the funds.

With a total of $530 million in futures investment, Ivor was surprised, and this was a big gamble.

If the bet wins, Zhang Bin will make a lot of money, and if he loses the bet, he will lose all his money.

Hundreds of millions of dollars, Ivor's expectations for Zhang Bin at this time.

With a total of 530 million US dollars in operating funds, this is not the first time for Hao Ren and them.

The daily trading volume of the entire London International Petroleum Exchange is more than one billion US dollars, or even more than two billion, and Zhang Bin's average of 500 million US dollars will not attract much attention.

In this way, Zhang Bin can buy at least 60,000 futures contracts, which includes the next growth.

60,000 Brent crude oil futures contracts, Zhang Bin is ready to sell in the next six months, and then repeat the operation, if everything goes well, Zhang Bin can get more than 1.2 billion US dollars in profits at the end of the year.

By the end of the year, the price of Brent crude oil futures can rise to $100, and according to the maximum profit, Zhang Bin can earn $40,000 in a contract, but he can't stay until the end of the year, because he still needs funds for settlement, so he needs to sell and buy again.

In this way, the profit of $1.2 billion is considered to be the least, and if all goes well, excluding the intermediate interest rate and spread losses, the $1.5 billion should be relatively stable.