Today was Children's Day, and Feng Yu was carrying one child on his back. There were too many people at the amusement park.
Last year, Feng Yu could carry one child with each arm. But now, he could not. These two children had grown up too fast.
"Dad, let's go home. There are too many people here, and I miss the tycoon."
Feng Yu sighed. When he was at this age, he did not have the chance to come out and play. These two children felt bored when they came out to play.
The most annoying thing was that these two children would rather play with the tycoon than spend more time with their father. Could it be that their father was worse than a dog?!
"Alright. When Mum is back, we will leave after we finish this Ferris wheel. If you all like it, I will build a bigger and taller one for you all. "
Li Na had just returned from buying ice cream when Feng Yu's phone rang.
"Hello?"
"Feng Yu, OPEC had given in. They will be increasing production soon!"
"Ok. Thank you."
Feng Yu hung up and asked Li Na to hold the two children's hands. He immediately called He Zhaoji. "Old He, inform Fu Rongqi, Professor Liang, and the rest to settle our crude oil futures today. After that, get ready to short-sell!"
Feng Yu immediately called Kirilenko to inform Kirilenko. When the call got through, Kirilenko had just received the news and was about to inform Feng Yu.
After Feng Yu told Kirilenko about his plan, Kirilenko got his men to start the work.
"Is it about work?"
Feng Yu laughed. "It's fine. I had arranged for someone to do it. Hurry up. It's our turn soon. That's the only thing we're missing from the amusement facilities here. "
"Let's build our own amusement park. It doesn't matter if we make money or not. We don't need to queue for the children to play."
"Build a amusement park for the children? Don't you know? This is more fun when there are more people. If we are the only family in this amusement park, do you think it will be fun? "Li Na rolled her eyes at Feng Yu.
Feng Yu scratched his head. That seems to be the case. There were many things that were more interesting when there were more people.
After playing the game, he returned home. Feng Yu looked at his two children playing with the tycoon. He felt a sense of happiness. Feng Yu suddenly realized that he was no longer young.
Li Na made a cup of tea for Feng Yu and sat next to Feng Yu, watching the two children running around in the living room. Even if he fell down, he wouldn't cry. He would get up and continue to play happily.
Feng Yu held Li Na's hand and was about to say something when the phone rang again.
"Hello? Professor Liang. "
"Feng Yu, after OPEC announced an increase in production, the price of crude oil immediately fluctuated."
Sure enough, once the news came out, the price of crude oil began to fluctuate.
Of course, it was impossible for it to fall instantly. Some people who have not yet understood the news may still continue to chase the price higher. As long as the amount of funds is large, it is not impossible for the price of crude oil to continue to rise.
Some people might have just entered the market, and if the price of crude oil suddenly plummeted, it will be a huge loss to them.
That's why some people want to maintain the high price of crude oil and close their positions. Even if they suffer losses, they must not lose too much.
"My suggestion is to wait for two days after we close our contracts and then increase the number of short selling contracts."
"Old Fu and I also think so, and we will close our contracts today. How much leverage do you think we should use for our short selling contracts? "
"Let's double the leverage first. We will observe the situation and be prepared to increase the leverage. We must also be prepared to hedge against the different prices. "
This closing of their contracts will allow them to make high profits. They can also make high profits by selling short.
"Old Fu and I are of the same opinion. Let's do this."
After a while, Fu Guangzheng called Feng Yu.
"Feng Yu, have we closed our contracts?"
"That's right. OPEC had announced an increase in production, and the price of crude oil will drop. If we don't close our contracts, what's the point of keeping them? "
"Did we make a lot of money? Did we get double the profits? "
"Double? Don't you think you have underestimated our skills? "Feng Yu laughed.
Although the USD and the US stock market had used up a lot of their funds, and they still have some reserves, they had used leverage. Furthermore, the price of crude oil was rising rapidly, and their profits were still high.
"How about 10 times?" Fu Guangzheng was panting.
"Stop dreaming. It's not that high. After all, we still have some hedging contracts and reserves. We still have our losses from selling USD and our investments in the US stock market. Furthermore, how many companies are willing to give us high leverage with our funds? Even if we had diversified our investments, we still need to give them some profits. Our profits this time should be around 3 times. "
In almost a year, he had earned three times the profit. Perhaps in the eyes of many people, it was not a huge profit. Some of the people who invested in crude oil futures with Feng Yu might have invested 1 million USD, but they had made more than 10 million USD.
But if you include their capital, you will know how much they had made!
About 3 times. Fu Guangzheng was disappointed. Why was it so little? The price had fluctuated so much this time, and they did not need to use leverage to get double the profits. But when he remembered the returns from the US stock market, he was still satisfied.
"When can we distribute this sum of money?" Fu Guangzheng asked.
"Guangzheng, why do you want money? Our investment is not over yet. "
"Not over yet? Didn't you say the price of crude oil will not rise? What's wrong? Are you all going to invest in gold? "
Fu Guangzheng also knew that gold prices had risen again during this period, and it had broken above 900 USD again. Maybe it might break above 1,000 USD.
"Guangzheng, the price of crude oil had fallen. Can't we short it to make money? Our investment is not over yet. We need to wait until the end of this year. "
"Then can we double our profits in the next 6 months?" Fu Guangzheng was overjoyed. This way, their profits will be higher than before.
After deducting the interest from their loans, Fu Guangzheng will become one of the top tycoons in Hong Kong and Asia. Perhaps there would be a place for him on the list of the world's richest people.
"It should not be a problem. We will continue to short the stock market in the US, and we will get high returns at the end of the year. USD prices will rise, but not by a lot. We must also invest a large sum of money. Oh, why do you want money? "
"Investments. I had gone to Europe to look around, and there are a few companies that can help our Fu Family expand our business."
"I was just thinking about investing the money as soon as I got it, didn't I? Also, there are some good companies in Singapore that are worth investing in. If I miss this opportunity to expand, I will regret it for a long time. "
"Hahaha … then let's distribute a sum of money first. I also need funds. Also, the Zheng and He Families are asking when we can get our dividends. "
A few subsidiaries need funds to expand, and Feng Yu had borrowed a lot of money. It's time for him to repay his debts. Also, to disrupt the US financial market and affect the US economy, they will need to pay a high price.
Feng Yu's attention is not on this because Lenovo Group is facing a huge problem.
… …
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