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Chapter 69 Listen to Mr. Zhou Ming

It was eight o'clock in the morning. In the conference room of Wharton Insurance Company in the Ladder Building, Zhou Ming, Lin Muqing, Tong Gang and Li Cheng and Ilbedov were all sitting around the long conference table. In front of them, there was an unhooked phone. The microphone was just flat on the table, but several wires were separated and connected to each person. Everyone also brought a pair of headsets. This was a simple conference call structure.

After a while, a voice came from everyone's headphones: "Mr. Zhou Ming, I am now on the New York Mercantile Exchange. I have successfully sold three million light crude oil and five million heavy crude oil. The futures price of light crude oil is 16.00 US dollars per barrel, the price of heavy crude oil is 14.58 US dollars per barrel, the total contract price is 120 million US dollars, and the contract margin is now paid for 12 million US dollars."

This voice is Sun Wei, manager of the US branch of Hong Kong City United() () (Novel) Investment Fund Company. When Zhou Ming and Tong Gang and Li Cheng reached an agreement, he was sent to New York for the purpose of the futures market.

Because the futures market and the stock market are not the same market, according to the time regulations of the New York Commodity Exchange, crude oil futures trading is divided into two types: on-site and off-site trading methods. The time interleaving of this method allows the US crude oil futures market to trade almost all day long, but the premise is that the trader must have someone conduct trading on the market, so Sun Wei was sent to be an in-counter trader.

In addition to the New York exchange, Zhou Ming also contacted the trading markets in the UK and France, and even the futures market in the Port City. However, for Zhou Ming, the most convenient and fastest is the local futures market in the United States.

"Very good, please pay close attention to the changes in crude oil prices in the market. If you find any problems, report them to me immediately!"

Zhou Ming gave an order to Sun Wei, then hung up the phone and said to Tong Gang and Li Cheng, who were sitting opposite him: "Chairman Tong, Brother Li, you just wait to collect the money. But it must be said that futures margin trading is really a good invention. We only paid 10 million US dollars to leverage the 100 million crude oil market. If I hadn't been unable to judge the impact of the situation in the Middle East on light crude oil, I really wanted to buy more."

Faced with Zhou Ming's joke, Tong Gang smiled and said to him: "It's good that brother Zhou Ming has confidence, but we should not be too blind. After all, you said that this is just the pre-show before the opening of the drama. If you invest too much now, how can you continue to sing the subsequent drama? So our main funds should be waiting until the time you mentioned in the afternoon, when the war broke out between Iraq and Kuwait."

However, compared to Tong Gang's optimism, Li Cheng showed a little concern. He asked Zhou Ming: "We have made a total of 8 million deals, which is already a very large amount of deals. I think with the energy of the Adams family, it shouldn't be impossible to find out, right? Even if he is not the head of the family."

"Brother Li is indeed a problem, so I agree with your decision. I only invest 10 million US dollars to try the waters. If something goes wrong, we can just take it back immediately." Zhou Ming said, "Because if we are facing the same situation now as the one we face after the outbreak of the Gulf War, if we dare not invest 10 million US dollars first, then how dare we invest 300 million after the outbreak of the Gulf War?"

Ten million dollars just to try the waters?

Although it was not the first day that Tong Gang and Li Cheng and Ilbedov met Zhou Ming, they still couldn't accept it when Zhou Ming said this. After all, that's ten million US dollars! Not to mention ordinary people, even as elites from all walks of life, they have spent at least half of their lives to have such huge assets. But Zhou Ming opened his mouth and tried it out for 10 million. How could he not make them feel helpless?

In addition, there is a more important point, that is, futures trading is not a matter of paying margin, because in order to clear the risk of default, each account of futures trading deposits a certain amount of deposit in the futures company. Once a trading risk occurs, or if the futures price plummets or even the margin is insufficient, they must sell the contract or use the deposit to close the position. Their deposit is the funds they want to invest in the future when the Gulf War breaks.

If there is any risk now, the loss will be lost by 10 million yuan, but other funds must not be damaged! Zhou Ming is also a top student at Harvard Business School and a head teacher in the finance class. He should not be ignorant. Why did he make such a decision?

Li Cheng and Ilbedov were both a little surprised, but when they wanted to say something to Zhou Ming, Tong Gang said first: "Since brother Zhou Ming is so confident, we can only choose to believe it."

"Thank you so much."

Zhou Ming thanked Tong Gang, then leaned on his chair, took out the remote control, turned on the TV set on the other table, and said: "Do you have any TV programs you want to watch now? After all, the futures market is different from the stock market. Because it is almost all-weather trading hours, futures trading is not as dense as the stock market, so the changes will not be so fast. We can definitely watch American TV series or something."

Listening to Zhou Ming's words, Li Cheng and Ilbedov looked at each other, only Tong Gang laughed and said, "I think it's OK. I think the people from the Atlantic Ocean are being broadcasted now are quite good. Judging from the broadcast time, they should be replaying now. Let's watch this drama, right?"

"Chairman Tong, it seems that we are interested in the same thing, because I have been following this drama recently. I personally think that Americans have a very good science fiction imagination. I may be able to come up with more powerful science fiction ideas in the future and ask federal agents to investigate these. Anyway, I don't know what it is, so I can call the x file, or make the Transformers into a movie. It's the kind of real person, not an animation." Zhou Ming said while using the remote control to change the channel.

Tong Gang shrugged meaninglessly: "Maybe, when the Bay Plan is over, Brother Zhou Ming, you can also make a movie if you have time."

"That's right, I don't have to worry about money anyway. Even if there is no box office, it doesn't matter. Just shoot my ideas." Zhou Ming said.

Zhou Ming's seriousness made Tong Gang a little stunned, because he just said this casually, but he didn't expect that Zhou Ming had really had this idea and wanted to enter the film industry? Although the film industry in the United States has stabilized and has been set up by major consortiums, it is difficult for outsiders to intervene, but it is not impossible for Zhou Ming to really spend tens of millions or hundreds of millions of dollars to break out a bloody path.

And the most important thing is that with Tong Gang’s understanding of Zhou Ming, he really dares to do this!

Tong Gang then thought: If Zhou Ming really enters the film industry, should he follow him? I think he also needs to share the investment.

But when Tong Gang was seriously thinking about this question, Zhou Ming's next sentence made him so depressed that he almost couldn't breathe.

Zhou Ming said: "But this is a joke. Maybe I have made enough money in the future and retired, but at least I don't have this interest yet. After all, first of all, I don't understand the film industry. What if I lose money? As a successful businessman, I don't want to do a loss-making business, and even if I succeed, I can't make a lot of money, so it's better to forget it."

Zhou Ming's words not only stimulated Tong Gang, but also stunned Ilbedov. He couldn't understand Zhou Ming and Tong Gang's big hearts. Why didn't they prepare the Bay Plan today and make money from crude oil futures? Why did they suddenly talk about the film industry?

Li Cheng on the other side frowned. He could understand that Tong Gang's big heart was the experience he had accumulated in his life, but Zhou Ming was only in his twenties no matter how he looked at him. How could he be so calm?

This thought made Li Cheng sigh in his heart: It seems that there is really such a genius in this world, just like Zhou Ming.

However, compared to Tong Gang's true calmness as much as Zhou Ming, Li Cheng's calmness in his study, and Ilbedov's uneasyness, the simplest thing in the conference room is Lin Muqing. For her, as long as it was decided by Zhou Ming, she would support her unconditionally, and it doesn't matter even if she really lost all her money in the end. She would think so not that she was more calm than Zhou Mingtong Gang, but that it was determined by her woman's nature.

Lin Muqing is a very mature woman and a strong woman, but these are the strength she must be when facing outsiders. Once she meets a partner she can rely on, she will give her wholeheartedly to the man who conquered her, Zhou Ming.

It is precisely this reason that makes her ignore the result, as long as it is Zhou Ming’s decision.

In this way, among the different ideas in the conference room, the whole episode of the Atlantic Ocean came to an end, and it seemed like I had already pinched it, and at this moment, the phone on the conference table rang again.

Everyone immediately pressed the headset on their heads and held their breath while holding their breath, because everyone knew that the phone was only connected to New York.

Zhou Ming connected without any hesitation, and Sun Wei's voice came from his headphones. His tone was a little dodged: "Mr. Zhou Ming, I have been on the New York Mercantile Exchange now, and I have been staring at the crude oil futures market..."

Zhou Ming directly interrupted Sun Wei and said, "Tell me the key point, do you know what news we are waiting for."

Sun Wei subconsciously answered yes, and then said: "I'm sorry, Mr. Zhou Ming, the price of light crude oil futures is rising at present, whether it is the price of light crude oil futures or heavy crude oil futures."

This answer made everyone in the conference room stunned for a moment, and they subconsciously looked at Zhou Ming.

Under everyone's gaze, Zhou Ming thought for a while and asked, "Is the amplitude large?"

"The current price of light crude oil futures has risen by four percentage points compared to the opening of the on-site bidding, and the current price is US$16.88 per barrel; the price of heavy crude oil futures has increased by more than six percentage points, and the current price is US$15.45 per barrel." Sun Wei replied.

Since this is a conference call, everyone in the conference room is connected to the phone, so Sun Wei's words immediately reached everyone's ears. Ilbedov immediately said to Zhou Ming: "I think it must be affected by the breakdown of the negotiations between Iraq and Kuwait in the morning. This news is really too negative. The market will worry about the situation in the Middle East and keep buying contracts, so the price will inevitably rise. Why don't we continue to buy?"

Although Tong Gang and Li Cheng were not in a hurry to express their opinions, their worried eyes looked at Zhou Ming and had already shown their attitude. Only Lin Muqing secretly held Zhou Ming's hand and said that no matter how Zhou Ming decided, she would support her to the end.

Zhou Ming gently patted Lin Muqing's little hand to reassure her. Then Zhou Ming said: "My idea is the opposite of you. I think crude oil prices will definitely fall. The reason is not only because the negotiations between Iraq and Kuwait broke down. Kuwait originally used oil production increase as a weapon. He would definitely hope that oil prices will continue to fall. In addition, from the perspective of capital, if there is no further decline, if the war breaks out later, how can there be a greater increase?"

"So I think that the Brighton Consortium and the Rockefeller Consortium will not sit idly by and watch the price of crude oil futures rise." Zhou Ming made the decision, "So Sun Wei, continue to short selling, we will add another million lots!"

"this……"
Chapter completed!
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