Chapter 179: Terrible Capital

Li Han was dealing with work here, and suddenly a piece of chocolate was stuffed in his mouth, it was still warm, not completely solidified, and it was soft when he bit it, and it tasted quite good.

Then, Wang Man put his arms around his neck from behind and kissed him on the face, and smiled happily: "Husband, Happy Valentine's Day, the first Valentine's Day we have spent." ”

"Good." Li Han touched her brain, and then sighed: "The first Valentine's Day was spent in the store." ”

"Oh, didn't that take a day off two days ago?" Wang Man's little face rubbed on his face and said, "It's not good to rest again after two days." ”

"Then what will we do after we get married?" Li Han's index finger caressed Wang Man's face, "Do you want to go on a honeymoon?" ”

"Of course I want to ......," Wang Man said happily, but then his face sank, and he sighed in frustration: "Of course I want to, but I have to take care of my mother and can't go out...... And the cake shop can't be closed for a month, right? ”

"My parents can take care of her for you." Li Han held up Wang Man's chin and said, "A month is not good, how about that week?" ”

"Sounds good...... Wang Man bit his lower lip and smiled.

"Or ......" Li Han thought for a while, and suddenly had an idea, "I have a point!" ”

"What's the idea?" Wang Man blinked her beautiful eyes and asked expectantly.

"I'll keep it secret from you now, and I'll tell you after we finish the wedding." Li Han tapped the tip of her nose, and then smiled proudly: "It's just perfect......"

"Oh, you're so annoying." Wang Man said angrily, "Say, it makes my heart itch!" ”

Li Han took a sip on Wang Man's mouth: "I'll tell you when the time comes." ”

Wang Man looked a little unwilling, but she still held back for this surprise.

In the next week, Li Han's company was stable, and Li Han himself took advantage of this time to think about the wedding.

Although he can directly use the big data APP to recommend, at least in the matter of the wedding, he wants to decide with Wang Man himself.

A week later, the blizzard in New York arrived as scheduled, and this blizzard not only hit New York, but also caused a more serious snow disaster in many places in the United States.

From this day on, although the power system has not yet been paralyzed, the price of electricity has begun to skyrocket.

Li Han is not surprised at all, after all, there have been many precedents for this kind of thing in the United States.

The most typical example is Enron Energy, which was the notorious company that caused a financial scandal back then.

Enron was founded in 1985 as a natural gas energy company, and then joined the power industry in the era of liberalization of electricity distribution.

In those days, electricity was pushed into the spot market, and the price of electricity was dominated by short-term supply and demand. In other words, the price of electricity is expensive during peak periods, and the price of electricity at low valleys is cheaper.

At first glance, it may seem like nothing wrong, supply and demand determine the price, but in fact this makes the electricity market a lot more "operational".

For example, capital can sell electricity at a high price when there is a shortage of electricity, and then buy it back at a low price when the electricity overflows, and make crazy arbitrage.

Relying on this method, Enron made a lot of money, and the company's market value was as high as $80 billion at one point.

However, with the development of the times, the electricity production has gradually risen, and everyone has no shortage of electricity, so the electricity price will inevitably fall.

However, this did not stop Enron from making a profit: if there was no power shortage, it would be artificially created.

For example, the power plant circuit is blown up and causes a large-scale power outage, or the power plant is required to be shut down for a period of time under the pretext of maintenance, and then the electricity is sold at three or four times the price when the public facility is out of power.

During the 2018 California fires, when the power system was overloaded due to high temperatures, traders at power companies were shouting "Let it burn!" Then he raised the price of electricity while praying for another earthquake.

So when it really encounters a natural disaster like Blizzard, these capitals are simply ecstatic: the opportunity to make money has come!

Li Han watched these people operate wildly in the futures market, and secretly felt that this country was really terrible.

Before he went to the cake shop during the day, the electricity price was still $4 per kilowatt-hour, but when he had dinner with Wang Man at noon, the price of electricity soared to $12, and there was not even a large-scale power outage due to the blizzard.

Li Han checked the next curve while eating, and he was terrified when he saw the curve: from today onwards, the curve after that will skyrocket to a terrible degree, and the price of electricity will soar to more than $200 per kilowatt-hour in just one month.

Of course, this is a good thing for him and for Hashiguchi, but it gives him a very bad premonition.

Because in their country, if this kind of thing happened, the country would have taken action a long time ago, and those who maliciously speculated on electricity prices were afraid that they would sit in prison.

But New York is not their country after all, and it is impossible to predict when the New York government will intervene.

Li Han didn't want to take risks, so he planned to sell the futures on hand as soon as possible in two more days, when the price of electricity rose to the peak of the curve he predicted.

Otherwise, if the New York City government intervenes in the price before they have time to sell, it will be more than worth the loss.

This heavy snow made Li Han uneasy, and he didn't have much heart to deal with other things in the past few days, just staring at the electricity price in New York every day.

And after two days of blizzards, New York State has finally begun to experience large-scale power outages.

When Li Han got up that morning, he saw that the price of electricity had risen to more than $40 a kilowatt-hour, while the price of electricity was between three and eight dollars per kilowatt-hour when their company bought it.

If they sell all the futures they have now, their funds can be multiplied by more than ten times.

This price has reached the peak of the curve he initially saw with "branch extrapolation", so although the price of electricity continues to rise, Li Han has decided to change the futures contract at hand.

This phenomenon is obviously caused by the fact that too much money has been invested in this market and the results are beyond expectations.

Wealthy people smelled business opportunities, so they began to artificially raise electricity prices, taking advantage of the fire to rob and make a fortune.

The madness of these capitals is beyond Li Han's imagination, and in his opinion, the New York City government should soon be over.

Therefore, after arriving at the cake shop, Li Han did not participate in the operation of the cake shop, and immediately began to instruct the company to sell the futures, and he also began to sell the electricity futures contracts he bought.

Because the United States has now entered winter time, it is the trading time from 5 to 9 o'clock in the morning in China, and it is just right to trade during this time period.

During the transaction, Li Han was still worried about what would go wrong, but it turned out that he still underestimated the capital of the United States, and the transaction was not only very smooth, but the price was still rising all the way in the process of trading.

By the time the transaction was finally completed, the price of electricity had risen to more than $50 per kilowatt-hour. After deducting various handling fees, Qiaokou Company's 200 million funds became 2.3 billion, while Li Han's own 30 million became more than 300 million.

Moreover, the income from futures does not need to be taxed, and the amount of income is how much is earned.

At this time, all the electricity futures they have on hand have been sold, but there are still some gasoline and diesel futures on hand that have not been sold, and they are currently slowly rising in price.

When these gasoline and diesel futures are also sold, they can make another profit.

As for how crazy New York's electricity market will be after this, it doesn't matter to them.

However, Li Han also plans to continue to pay attention to the issue of electricity prices in New York: although the electricity price has risen dozens of times compared to the beginning, which is a bit incredible in the eyes of normal people, this electricity price is not worth mentioning compared to the previous electricity price in California.

After Enron collapsed, according to government investigations into it, the company once raised the price of electricity to $9,999.99 a degree. The reason why it wasn't higher was because the system at the time was only six figures, and it couldn't go any higher.

And even in the Texas blizzard, the price of electricity was once speculated to more than $600 per kilowatt-hour, and the power suppliers made a lot of money.

The reason why the price of electricity in New York has not risen so high this time is related to their power grid.

The power grid in Texas is completely independent, and there is no surplus electricity in other states, but the power grid in New York is interconnected with the eastern power grid, which can support each other to a certain extent, so the increase in electricity prices is not so exaggerated.

But even then, they have already made a lot of money.

As for when the New York City government will intervene in this matter after that, it has nothing to do with him.

After completing the last transaction, the worries in Li Han's heart completely disappeared, leaving only a burst of ecstasy: it's done!

Now that he has 300 million yuan in personal funds, he can fully invest 200 million yuan in his own food company for development. In this way, the funds needed to open a store in Beichang City are more than enough, and even two or three other cities can be established.

However, he is not prepared to invest so much at once, the risk is too great. It is also not very convenient to manage branches in other provinces, so it is better to be run by a franchisee, and he can leave a part of the funds for development.

As for the cash flow of Qiaokou Company, it has reached more than 200 million yuan, and the funds for this year are enough.

"It's decided!" Li Han took the case, "In the next three months, we will open the vegetable market to other provinces!" ”

"What are you fussing about?" Wang Man looked at the book at the cash register and gave him a blank look.

"Alas, Meimei." Li Han came to her side, hugged her shoulders and sighed, "It's better to be born in our country." ”

"Why do you say that all of a sudden?" Wang Man asked curiously.

"You see, when we blizzled last month, not to mention the price, at least the price of water and electricity did not rise, right?" Li Han stroked her braids and sighed, "Look at the poor residents of Texas and New York, a blizzard can bankrupt them." ”

(End of chapter)