Chapter 206 give it a go
This time, Tang Xiaoqi was driving. He was slightly more stable than Shen Chucheng, but his stability was limited. It took more than six hours to return to Shangdu City, and it was already past ten o'clock in the evening.
Lin Baiyao made an appointment with Shen Chucheng for an interview tomorrow morning. After watching him leave, he returned to the hotel room with a few others.
Ye Sushang couldn't help but ask: "What is the origin of Shen Chucheng? When did you contact my father and ask him to introduce you to such a person?"
She is indeed curious.
How could a 1990s finance graduate from the University of Finance and Economics, who was such a hot commodity, end up working as a broker in a small futures company in the commercial capital?
Besides, why would an employee of a small company in a central provincial capital city be beholden to her father?
I can't hit it with eight poles...
"Do you still remember going to Secretary Ai's house for dinner the night before yesterday? Mr. Yu and I chatted for a long time on the balcony. A small part of the time we talked about Secretary Ai. Most of the time, I asked Mr. Yu for help."
Ye Sushang teased: "Okay, you two have become so familiar behind my back?"
Lin Baiyao said modestly: "It's the eldest brother who gives the younger brother thin noodles..."
Ye Sushang rolled his eyes and said, "So he recommended Shen Chucheng to you?"
"Yes, I asked him to find a knowledgeable futures broker working in the commercial city. Mr. Yu recommended Shen Chucheng without even thinking about it..."
"Strange, how did my dad know him?"
Lin Baiyao said: "Shen Chucheng's origin is a bit legendary. After graduating from college, he joined a state-owned bank, and later switched to Zhongsheng Securities, one of the three major securities companies. He was fired because of the rat warehouse problem, and then went to the fourth
Tong Group contracted Sitong's securities business department in Jiangcheng. He found that the people in Sitong were all technical and did not understand finance, so he secretly changed the lettering of "Sitong Group Finance Company's Capital Securities Sales Department in Jiangcheng Office"
He became the "Jiangcheng Office of Sitong Group Finance Company", defrauded him of the qualification to trade treasury bonds, and then made a profit of more than 200 million by speculating in treasury bond futures."
Jiang Hai was dumbfounded and said, "He's just as wilted as he is, and he's still a billionaire?"
"This is where the legend lies! There are many people who have the ability to earn 200 million, but not many people have the ability to spend all 200 million in just one or two years..."
"I am Cao!"
Tang Xiaoqi couldn't help but say a beautiful quintessence of Chinese culture, saying: "How dare he do this, how can he still be alive?"
Ye Sushang understood and said, "Did my dad save him?"
"Yes, Mr. Yu has helped Stone Group deal with property rights issues in the past two years. We have a good relationship with each other and can talk to Mr. Duan of Stone."
Lin Baiyao said with a smile: "Because Jiangcheng Sales Department is not qualified to trade treasury bonds, the profits must be returned according to regulations. But what Shen Chucheng did was so big that it became his protective umbrella. Do you think that if the news spread, it would only be in one place?"
The sales department can privately engrave Stone's official financial seal and engage in futures finance, so what do the outside world think of Stone? Reflected on the stock price, Stone's loss is not only 200 million... so not only do they dare not deal with him
, On the contrary, it is delicious and delicious. I just want to know where he spent the 200 million and try to recover some of the losses. As for the hole of more than 200 million, it is up to the group to make up for it..."
Tang Xiaoqi continued to contribute beautiful Chinese quintessence: "If I had known that Shen Chucheng was so awesome, I would have had to give someone a kiss on the way to Yangnan..."
"What about cross talk?"
Lin Baiyao said angrily: "Let's talk about business. Sitong suffered such a big loss and was angry. Originally, he wanted to find some excuse to send Shen Chucheng to rehab for a few years. But Mr. Yu thought that he was a talent, so he
Find Mr. Duan to protect him. But after all, this matter cannot be sealed. Shen Chucheng's financial circle in the capital city is almost useless. Well-known securities companies will do due diligence before recruiting people, and large-scale private equity cannot trust his people.
Products can only be introduced by Mr. Yu, and we came to Wanan Futures, a small brokerage company..."
He looked at Ye Sushang again and said with a smile: "I forgot to mention that the boss of Wan'an Futures used to be a subordinate of Mr. Yu, but Mr. Yu said in the early years that he did not plan to touch futures for the time being. In 1994, he resigned and came to Shanghai to work alone.
, the starting capital was sponsored by Mr. Yu, and in just four years, it has achieved something remarkable, worthy of Mr. Yu’s appreciation.”
Ye Sushang was not surprised by this.
Yu Jingzong has friends all over the world, and they practice the principle of "planting a grain of millet in spring and harvesting ten thousand grains in autumn". They range from high-ranking officials to peddlers and mere pawns. As long as they fall into their eyes, they will help wherever they are needed, and they will never be stingy.
How else could he have just met Lin Baiyao once and lent him a huge sum of five million without any guarantee?
Of course, Yu Jingzong did not do this just to seek future rewards. But from a scientific point of view, this is a matter of probability. If you help people a lot, you may not be able to use it when.
Big people have uses for big people, little people have uses for small people,
This is great wisdom!
"Lin Baiyao, what kind of ecstasy soup did you give my father? He has almost lost all his family wealth to you!"
If Jiang Hai and Tang Xiaoqi hadn't been here, Lin Baiyao would have made a couple of risqué remarks for Ye Su Shang, but now he could only say with a straight face: "That's because we are brothers, so you, as my niece, should stop nagging..."
Ye Sushang raised his fist.
Seeing this, Jiang Hai quickly prepared to rescue him, but Tang Xiaoqi grabbed him and stopped him with a look of hatred for steel.
While he was laughing, Lin Baiyao received a call from Jiang Xinyi.
She just returned to Dongjiang from Yuezhou. She formally signed an agreement with Longyue Group tonight to transfer all the existing electronic production lines of Ning'an Technology for 8 million yuan. The payment will be credited to Ning'an Technology's account before noon the day after tomorrow.
.
Lin Baiyao really praised her a few words. After hanging up the phone, Ye Sushang asked unconsciously: "Who is it? I heard her voice sounded like a sister?"
Tang Xiaoqi pulled up Jiang Hai and said: "Brother Hai, the drama we are following..." Thinking that it was past ten o'clock in the evening, he quickly changed his words and said: "It happened to be re-broadcast at eleven o'clock. Let's take a walk and go back to catch up on the drama."
After the two of them left, Lin Baiyao said with a smile: "The vice president of my company is named Jiang Xinyi. I will introduce you to him when I have the opportunity in the future."
Ye Sushang talked about the people in your company and introduced me to them, but he felt sweet in his heart and said: "Are you really determined to speculate in mung bean futures?"
"It's not speculation. With our little capital, we can't be the main force. The most we can do is follow the trend and take a free ride."
"How much money have you prepared?"
Lin Baiyao silently calculated the funds in his hand.
He helped Yanshan people deal with Wei Zhongtian and earned one million in labor fees; he deducted Zhao Hede's endorsement fees from famous writers and earned two million in favor money.
These two sums totaled three million.
I borrowed 1 million from Li Chongshan, 1.5 million from Hu Touben, and 5 million from Yu Jingzong.
These three transactions totaled 7.5 million.
Also, Chu Gang used six cars from the former electronics factory to seek loans from Dongshang Bank. However, due to the limited value of the vehicles this time, except for the Audi 100 and Passat, such as Fukang, Changhe and Jinbei, they were not worth much, so the loan did not work as expected.
When it reached two million, the president of Dongshang Bank gave Chu Gang a loan of one and a half million.
In addition, the Dongjiang City Government guaranteed a loan to Ning'an Technology of 5 million, of which 2 million was used by the city government to pay the down payment of laid-off workers, leaving 3 million remaining.
These two sums totaled 4.5 million.
There are five amounts of money in total, and the addition is easy to calculate, which is fifteen million!
Chu Gang never understood why Lin Baiyao was always making money crazily, but he didn't see much use for it.
In fact, it’s just for today.
In other words, since his rebirth in July, he has tried his best to deceive and deceive, expand his connections, and open up all the ways to make money, and finally collected all the funds that allowed him to make money from the exchange.
From nothing to fifteen million,
Looking back at the road ahead, it is not easy!
"You will know when you meet Shen Chucheng tomorrow."
The next morning, Shen Chucheng showed up at the hotel, and Lin Baiyao told him that after thinking about it all night, he still had to go long.
When Shen Chucheng saw that he had made up his mind, he stopped trying to persuade him. Good words could not persuade a ghost seeking death.
He is just a futures broker, roughly equivalent to a tool man, and has no control over the direction of investors!
Besides, in the futures industry, I have seen too many rises and falls. Yesterday’s tigers and tomorrow’s dogs. If you don’t touch your head, you will all think that you are robbing money when you come to the exchange.
Little do you know that what you are staring at is profits, while what your opponent is staring at is principal. What hangs on the ladder to heaven is all flesh and blood!
"How much money does Mr. Lin plan to invest?"
"Fifteen million!"
Ye Sushang looked over in surprise.
She didn't expect Lin Baiyao to play such a big role.
Shen Chucheng is a person who has squandered more than 200 million yuan. This amount of money is nothing in his eyes. He said: "If it is half a position, the risk level should be controllable..."
"No, I want the entire position!"
This time Shen Chucheng was also stunned.
After a moment, he carefully explained: "Mr. Lin, the commercial exchange requires a 5% margin. If the position is full, as long as the price drops 5% from the opening price, the position will be forced to close. The risk is too great and completely uncontrollable.
, there is no need..."
He thought that Lin Baiyao was a pure novice, and the most taboo when playing futures was to take a full position. It was fine to gamble, but not to risk one's life!
Futures are different from stocks. A 5% margin is equivalent to 20 times leverage. If the current price of mung beans is 2,300 yuan per ton, if it drops 75 points to 2,225 yuan, Lin Baiyao will lose all his 15 million.
"I know!"
Lin Baiyao smiled and said: "It doesn't even need to fall by 5%. What is the closing line of your Wanan futures?"
In actual operation, it is impossible for a futures company to wait until there is no balance in your account before starting forced liquidation, because there are still commissions such as handling fees to be collected.
Therefore, a liquidation line will be set. When a certain price is reached, additional funds must be added to cover the position, otherwise it will be liquidated.
"4.5%!"
"A loss rate of 90% is not bad." Lin Baiyao smiled and said, "Just do as I say."
Of course, he is not a novice Shen Chucheng. The current futures trading market is still in a state of disorder and trial and error. Even the first version of the "Interim Regulations on the Administration of Futures Trading" will not be promulgated and implemented until the end of August next year.
Comparing the various settlement margin systems of later generations, the margin must be greater than 75% of the current value of the investment target and other stringent requirements. If you choose to enter the market at this time and know the price curve well, the risk of a full position seems very high. In fact,
Very small.
And he is not completely helpless. The 8 million obtained through Jiang Xinyi's negotiation will be transferred to Ning'an Technology's account immediately. If there is a short-term fluctuation, these 8 million will be enough to cope with it.
If it really doesn’t work, there’s still Ye Su Shang!
Why did he drag Ye Sushang all the way to Shang City to watch this battle?
Chapter completed!