Chapter 346: Grinning is not a good thing (asking for a subscription, asking for a monthly pass)
The news first came from a small newspaper in Xiangjiang.
The newspaper published a not-so-eyed story in the evening newspaper that day.
"Soybean futures prices soared, will the "epic" forced position be repeated? 》
Here's what it reads:
"The Chicago Board of Trade soybean market suddenly had a 'big storm'!
Yesterday, CBOT soybean futures topped $11.2346 a bushel, marking the highest soybean price since 1973 and the second-highest price in history, second only to $12.11 per bushel in '73.
This year, a total of 173254116 hectares of soybean plants are planted, with an estimated yield of 1.89 metric tons per hectare and an estimated annual output of 52.4 million tons.
According to the analysis of relevant sources, it is estimated that the global soybean production this year is about 107.3 million tons.
Various data projections suggest that this year's soybean production is likely to be the highest since the 80s.
The market is oversupplied, why does the price of soybean futures continue to soar in the Chicago Board of Trade? ”
This is followed by a series of examples, such as the forced position of onion futures, the "vegetable oil scandal" in the sixties, and the manipulation of soybean futures and silver futures by the Hunter brothers.
In the end, the newspaper opinion is that the beautiful Chinese are manipulating soybean futures.
This news did not attract much attention from the outside world at first, after all, the news reported by the tabloid newspaper is not very believed by ordinary people.
However, in the evening, major TV stations in Xiangjiang also began to report these news.
Emerald Terrace!
Pearl Terrace!
Local Hong Kong and Taiwan!
International Channel!
are reporting that there is a suspicion of forced positions in soybean futures!
Asia is in an uproar!
Futures professionals from all sides have jumped out to speak out and criticize the major futures exchanges for poor supervision.
But the Tokyo Grain Exchange and the Chicago Board of Trade did not react at all.
Even 11 of the world's more than 50 futures exchanges, which trade soybean futures, reacted to the matter.
Eurex, Sydney Futures and others are silent.
There are also many futures buyers who have not been too emotional about the news of Xiangjiang.
It wasn't until the British Independent Television and TV Tokyo began to hype up the incident that all soybean futures buyers panicked!
"Shet!"
"Is someone manipulating soybean futures to force positions?"
"Why didn't your exchange investigate this?"
"Oh my God! I bought 10,000 bushels of soybean futures! ”
"Strongly demand a thorough investigation!"
The phones of major futures exchanges have been blown up!
But even though futures buyers are so emotional, the major futures exchanges still haven't announced anything to the outside world.
Then more and more futures buyers thundered and denounced.
Many buyers are also discussing it privately.
"What should I do if someone forces a position in soybean futures? Do you want to close the position now? ”
"Hurry up and close the position."
"What about you?"
"Oh, I'd like to take the opportunity to buy some more."
"Do you think the major futures exchanges will interfere in this matter?"
"It's hard to say, if you interfere, the price of soybean futures will definitely plummet next."
"You say that if we short soybean futures now, will we make a lot of money because of this?"
"Possibly."
"Do you want to give it a go?"
"Damn, wealth is in danger."
The soybean futures market instantly became a pot of porridge, some people feel that since someone forced a position, take advantage of this time to buy soybean futures can follow the underground dealer to drink soup, and some people think that the major futures exchanges will not let such a thing go, will definitely supervise it, and then find out that someone is indeed forced to take a position, will take a series of mistakes, and then lead to a sharp drop in soybean futures prices.
"The Reborn Financial Giant"
Countless amounts of money poured into the market.
Soybean futures prices are constantly changing.
The trading volume of soybean futures on major futures exchanges has reached a new high!
……
The reaction of ordinary futures buyers, let alone the large consortia, is more informed.
Citibank.
John. Li De woke up early in the morning with a phone bombardment and hurried to the company.
As soon as he came to the company, he called a meeting of the company's management.
"Charlie, what's going on in Xiangjiang, Riben, and the UK?"
"I heard that someone broke the news that the owner of the Chicago Stock Exchange was suspected of forcing a position in soybean futures, so those TV stations and newspapers are reporting on it."
"Is there any reaction from Chicago, Tokyo Grains, and the rest of the world's futures exchanges that trade soybeans?"
"I've sent someone to investigate."
"John, you say."
"The major exchanges don't seem to have much reaction to these rumors, and they are still trading normally, only there is news from the Chicago Board of Trade that it seems to be strictly investigating soybean futures anomalies."
"Mr. John, in this situation, do we still have to short soybean futures?"
John. Li De sat at the front of the conference table and was silent for a long time, then looked at Director Charlie, "Is that kid moving?" ”
Everybody understands that John. Who is the "kid" that Li De is talking about?
Director Charlie reported truthfully: "I still hid at home and didn't come out, but I heard that the general manager of Huajin Capital, Steve. White contacted the HSBC bank in Hong Kong, and also booked more than a dozen air tickets to fly to Hong Kong today. ”
John. Li De's eyes narrowed, and his fingers lightly buckled twice on the conference table, making a crisp sound of "tuk tuk".
The other high-level officials were silent, and they knew that the chairman needed to make up his mind about this at this time.
About two minutes later, John. Li De sneered, "This kid wants to eat alone!" ”
John let out an "ahhhh Want to eat alone? ”
John. Li De snorted, his eyes narrowed, "I said that he borrowed a billion dollars from us and didn't have any capital movement, I'm afraid he was planning how to enter the market without being discovered, so he deliberately asked the major media to release information that someone on the Chicago Board of Trade had forced a position in soybean futures, but he didn't give any substantive evidence, if nothing else, ......"
At this point he paused.
Another white female director in her forties hurriedly asked, "What?" ”
John, Charlie, and others also pricked up their ears to listen.
"He should have gotten his money to HSBC by now, right?" John. Li De said softly.
Charlie's face changed, "I'll call and ask." ”
As he spoke, he hurriedly took out his mobile phone and dialed a number to ask.
Three or four minutes later, Charlie gasped and burst into a foul mouth: "Salamambi Pool! His funds are indeed in HSBC! ”
John's face changed, "Mr. John, his funds have arrived at HSBC, I am afraid that he will immediately buy short soybean futures contracts and complete the over-the-counter allocation, and then he will break the news to the outside world that we have collected enough evidence of Dovers's forced position, I am afraid that the Chicago Board of Trade will immediately report to the Commodity Futures Trading Commission to investigate this matter thoroughly, and then we will not have a chance to enter." ”
As long as the Commodity Futures Trading Commission of the United States intervenes in the investigation, it will definitely be suspended at that time, and they will not be able to enter the market!
Previously, in order to raise the price of soybean futures, they threw a lot of money into it, and if they couldn't harvest it, they would definitely lose a lot of money!
Another short and fat white director in his fifties frowned and said, "But if we enter the market now, if the Commodity Futures Commission investigates forced positions, will we be affected?" ”
John. Li De suddenly asked, "Hasn't this happened before?" How did the Hunter Brothers soybean futures manipulation deal with eucalyptus? ”
In 1977, Nelson Hunt and William Hunt decided to test the waters with soybean futures. They used the power of the entire Hunter family to control 40% of the total number of soybean futures contracts at the time, and profited from it, and the regulators of the beautiful country were helpless about it.
Everyone knows about this.
"But we still have long positions, originally expected to wait until a large number of short contracts to close those long positions, in addition to making a lot of money, but also to make soybean futures prices fall, so as to achieve short profits, but now in this situation, I personally think it is better to close the long positions directly, as for the short ...... Don't buy contracts. The white director, who is in his fifties, said cautiously.
Closing long positions is to make money.
But they spent so much money, so many human resources in it, and finally made a wedding dress for someone else?
I'm not happy to change anyone!
John. Li De said toughly: "Ji Cheng has not flown to Xiangjiang yet, which means that he is not ready to detonate Fuzi Company, we still have time to buy a large number of short contracts, and wait until the short contracts are bought before closing the long positions, so as to maximize the benefits." ”
The high-level officials expressed their opinions and argued for a while.
In the end, it can't be helped, John. Li De had no choice but to initiate a vote.
Support John. Li De's numbers won the vote by a landslide!
……
State Street Group.
"Now that you know the situation, what do you think you should do next?"
"I'm in favor of buying short contracts."
"I support it too."
"Against."
“…… Well, eighteen to two votes, then follow the voting results. ”
……
Vanguard Group.
"Close the long position first! Then buy the short contract appropriately! ”
"Chairman, isn't it a good idea to do this? We will make a lot less money. ”
"Buckley, you have to remember that we do finance to make money, not to take risks, do as I say!"
John. Borg was extremely strong and made decisions that no one could refute.
If Ji Cheng was at the meeting, he would definitely praise John. Borg is worthy of being the legendary godfather of finance, and his analysis of markets and risks has reached the point of perfection. Borg has already won the decision.
……
The Rockefeller family also got relevant information.
Lawrence. Rockefeller realized that something was wrong, and frantically commanded the forced position, wanting to raise the price, and then close the position at the highest point and leave the market.
Two days!
He only needs two days!
Lawrence. Rockefeller thinks so, and he also believes that even if the Chicago Board of Trade reports to the Commodity Futures Trading Commission, it will take at least two days to react, which means that he believes that this soybean futures forced position will definitely be able to get out of the situation on the premise of profitability.
……
In the villa.
Ji Chengzheng and Aniston have a leisurely breakfast.
In front of him sat Barkley, who had been smiling before.
"Oh? Barkley, what is the wind that blows you here? Ji Cheng drank a spoonful of oatmeal.
Aniston seemed to be very focused while reading the newspaper and having breakfast, in fact, her eyes hiding behind the newspaper kept looking at Ji Cheng and Barkley, this was the first time she really entered Ji Cheng's life and career, of course, she was particularly interested, and wanted to know how big her boyfriend's business was.
Barkley had lost the arrogance he had in the Citibank reception room, "Ji, I'm here to apologize to you." ”
Ji Cheng smiled and said, "Apologize? What apologies? ”
Barkley said helplessly: "I shouldn't have been so rude to you. ”
Although he was reluctant to apologize, he didn't reveal half a point in his tone. Borg has already given him an order, either to apologize to Ji Cheng and get understanding, or to write a resignation report and leave the company.
Faced with the threat of being fired, Barkley could only apologize.
"Oh, that's what you said." Ji Cheng looked very generous, "I didn't take it to heart, you don't have to, you can come to me to apologize." ”
Buckley was overjoyed, and hurriedly said, "Then our Vanguard Group and Huajin Capital are still allies?" ”
"Not to mention that Huajin Capital and Vanguard Group are allies." Ji Cheng said with a smile on his face: "I am also good friends with you, what's the matter?" You don't want to recognize me as a friend? ”
"How so? How could it be! Barkley laughed.
He thought that Ji Cheng would hold on to this matter, but he didn't expect to be so easy to get along with with a smile on his face.
It's a pity that Barkley hasn't heard the Chinese saying "smiling and grinning is not a good thing", otherwise he would not have lamented in his heart that Ji Cheng was easy-going and magnanimous.
After a little emotion in his heart, Barkley began to probe the bottom, "Ji, since we are still good friends, let me ask you privately, did you transfer the billion dollars you borrowed from Citibank to HSBC?" ”
Aniston couldn't help but secretly stumble when she heard the two talking about a billion dollars.
It's okay not to ask, as soon as he asked, Ji Cheng's face changed instantly, and even there was a trace of panic and fear in his tone, but he was still denying what he said, "No, how is it possible?" ”
As soon as Barkley saw Ji Cheng's appearance, he immediately knew that the company's internal analysis of Ji Cheng's desire to eat alone was not fake, so he simply didn't continue to ask, "Hehe, I'll ask, there is no best, we are waiting for you to give orders, and then invest money together." ”
How can you not notice such a big move in a billion dollars as long as you have the heart to inquire? What's more, State Street Group is so strong, it is too simple to know the flow of funds.
Ji Cheng was still denying, "There is really no such thing, if there is, as an ally, I will definitely tell you as soon as possible, well, then you wait, I expect that I will do it in the next two days, and I will contact you then." ”
Barkley watched Ji Cheng get darker and darker, and he didn't debunk it, "Okay, then please." He looked at his watch, "I'm going back to the office a little bit beforehand." ”
Ji Cheng showed a relieved expression, "Okay, I'll send you out." ”
"No, the driver is waiting for me outside." Barkley politely declined.
Ji Cheng didn't say anything more, and watched Barkley go out.
When the people were gone, Aniston put down the newspaper, blinked and asked, "Honey, you seem to be panicked just now?" ”
Ji Cheng regained his determination and continued to drink oatmeal, "I'm very panicked." ”
Aniston was stunned for a moment and said with concern: "Do you have any secrets that you are afraid of being discovered by him?" ”
Ji Cheng raised his head to look at her, revealing an incomparably bright smile, "No, on the contrary, I'm afraid he won't find out this secret I'm hiding." ”
"Huh?" Aniston was a little confused, "What do you mean?" ”
Just about to explain, the phone rang.
"Wait a minute."
Ji Cheng picked up his mobile phone and connected it, and instinctively said in English: "Hi, I'm Ji Cheng." ”
There was a burst of Mandarin from the other end, "Mr. Ji, I'm Bao Yugang." ”
"Hello Mr. Bao." Ji Cheng hurriedly said: "How are things going?" ”
Bao Yugang smiled and said: "Things are almost done, the tired bones of a few of our old guys are almost falling apart." ”
Ji Cheng said with a smile: "Hehe, when the futures are delivered, I will invite a few of you to have a meal." ”
Bao Yugang also responded with a smile and said, "Okay, then I'll thank you in advance, but I don't understand something." ”
Ji Cheng looked at Aniston next to him, "You said." ”
Bao Yugang asked, "Why do you want us to release those news to create panic when we buy short soybean futures contracts?" ”
Regarding this, many people may not understand Ji Cheng's operation.
After all, it is now revealed that someone on the Chicago Board of Trade may be manipulating soybean futures to force positions, and it seems that it is easy to be supervised by relevant departments, which will trigger a series of negative reactions and even stop soybean futures trading.
But Ji Cheng has his reason for doing this, he threw a lot of money into it, and let so many multimedia cooperate with him, not just to scare people, but he really wants to cause market terror, no, to be precise, to cause those capital panics.
Only when those capitals enter the market, and the funds that enter the market far exceed the funds invested by Ji Cheng, he will not be supervised by the regulatory authorities.
Although it is very unlikely that hundreds of units will be found to enter the market, Ji Cheng has smashed almost all of his liquidity into it, and he doesn't want to take even the slightest risk.
So he had to have someone to share those risks and sights for himself.
Thinking of this, Ji Cheng didn't explain too much, but just said: "Force capital to enter the market!" ”
"Forcing capital into the market?" Bao Yugang didn't understand much of the meaning.
Ji Cheng thought for a while and explained a little, "That's right, only when capital enters the market, and it is far more than my funds, will we not be discovered, and finally harvest these capitals, so that we can make a profit and get out of the way." ”
Bao Yugang asked again: "Is this useful?" ”
Ji Cheng blinked and said, "If you carefully check the trading volume of soybean futures on major exchanges, won't you know if it's useful?" ”
Bao Yugang said: "Well, I checked before I called you, and the trading volume of soybean futures on major futures exchanges around the world has indeed skyrocketed." ”
Ji Cheng snorted, "Hehe, this is just an appetizer, look at it, the soybean futures position before tonight will create a historical record that has never been seen before or since." ”
Bao Yugang said: "I believe, so what's next?" ”
Ji Cheng put down the spoon, leaned back in the chair and said, "Next, you don't have to care about it, just wait for the futures exchange to react." ”
"Well, one last question." Bao Yugang asked: "You have spent so much effort, and you have taken the initiative to spend money to let several regional and national media cooperate with you, do you want those capital to enter the market to short soybean futures and share a dollar?" ”
Ji Cheng said categorically: "They won't get anything, but if the retail investors follow the short this time, they may make a lot of money after me." ”
Joke.
Dude is already calculating those consortia, how can they make money?
Bao Yugang has no problem this time, "Okay, I know." ”
Hang up.
Ji Cheng smiled, those capitals have really entered, and the next thing is the harvest time!