…
As the plane landed in Kobe, Japan, Lin Tongchun rushed back to Central Industrial Co., Ltd. as soon as he got off the plane.
The financial accountant of Central Industrial Corporation had already transferred two million US dollars into more than one hundred overseas accounts in accordance with Lin Tongchun's instructions.
Then he waited for Lin Tongchun to come back, and at the order, he immediately bought May soybean futures on the Chicago Futures Exchange.
The price is exactly $7.2, and it has been in a stable consolidation price in the past few days, with fluctuations up and down only within a few cents.
"Very good! I bought these soybean futures. If everything goes as planned, the expected profit will be very substantial."
It was also the first time that Lin Tongchun invested such a large amount of money in the futures market.
After all, his previous business philosophy has always been to stick to real industry and eliminate all risky investment, financing and financial leverage.
This time he was really moved by Lin Huowang. To be honest, even after investing the money, he was still nervous.
but……
Less than an hour after he bought all the stocks, intensive and large-scale buying of small stocks began to appear on the Chicago Futures Exchange.
The buying strategy adopted by the other party was similar to that of Lin Tongchun just now. The funds were dispersed into hundreds of small accounts, and the buying funds in each account only ranged from tens of thousands to hundreds of thousands of US dollars.
It’s just that the total amount of funds purchased in this batch is much larger.
Crash!
The influx of funds immediately pushed up the soybean futures prices on the Chicago Futures Exchange.
When Lin Tongchun bought it, the price was 7.2 US dollars. After he bought it, after all he spent two million US dollars, the price rose slightly to 7.3 US dollars.
Two hours later, after a large amount of mysterious buying funds came in, the price of soybean futures was suddenly pushed to US$7.8.
In just one afternoon, the price of soybean futures trading soared by about 8%, instantly exploding some bearish soybean futures prices in the market.
Such an increase is directly equivalent to the increase in soybean futures in the past week.
"Wow! William, look, soybeans are rising again. It seems that many sharks who have also smelled blood are coming in to grab food!"
In the presidential suite on the top floor of the Waldorf Astoria Hotel in New York, Nelson Hunt was holding a glass of champagne and talking to his younger brother William Hunt.
“There are still many smart people in this world. Their entry into the market now will help us boost the price of soybean futures.
As for whether they can take profits and leave the market in time, it depends on whether they can control the greed in their hearts.
Anyway, our profit this time is almost reaching $100 million.
If the price rises to around $10, and we sell in batches, the overall profit will exceed $300 million.”
William Hunter also said proudly.
Ever since the two brothers set their sights on the futures market a few months ago, they have been planning bigger moves.
The soybean futures market is just a trial run for them.
The purpose is to test the U.S. government's control over the futures market and the feasibility of this futures arbitrage model.
Once they have figured out the pattern, they will invest larger amounts of money and start going long on silver futures directly.
This is silver, a precious metal, and its volume is definitely not comparable to agricultural products such as soybeans.
The Hunt brothers expected that the maximum profit after the manipulation of soybean futures would be at least a few hundred million dollars.
But if it is switched to silver futures, the profit will be multiplied tenfold or even a hundredfold, which will be a huge fortune that will shock the world.
However, for now, only the two brothers know about the plan to manipulate silver, and it is an absolute secret even within the family.
Moreover, they had already hoarded a lot of spot silver from the futures market in the name of some jewelry companies and industrial processing, and then shipped it to Switzerland for storage.
As long as the profits from soybean futures trading are finally pocketed, they will immediately start speculating and pushing up silver futures, causing a silver shortage around the world.
…
And at this moment, in Hong Kong Island, the Huo family.
The Sassoon Road mansion, also known as the Stone Manor, was purchased by the old man of the Fok family, Fok Ying-tung, for one million Hong Kong dollars seven years ago.
Fifty years later, the market value of this Fok family mansion will exceed HK$2.5 billion.
This villa estate covers a vast area and has a European castle architectural style. It is backed by mountains and faces the sea. It has a large lawn of thousands of square meters and a superior geographical location.
As the sun sets in the evening, the sea is sparkling and a Mercedes-Benz car drives into the manor.
After getting out of the car, the eldest son, Huo Zhenting, walked quickly towards his father's study.
Dongdong...
After knocking on the door a few times, Huo Zhenting walked in and asked his father anxiously: "Dad! I just saw that the overseas accounts prepared by our company suddenly started to buy soybean futures contracts in Chicago crazily.
The total amount is nearly 10 million US dollars! The price of soybean futures has been rising continuously in the past few months and is at a historical high.
If we rush in at this time, the risk is too high."
However, Huo Yingdong smiled and looked up at his eldest son Huo Zhenting, and said: "This 10 million US dollars is not our money, it is just bought through our account."
"Hmm? Who is so honorable that he can ask Daddy to help him with futures trading?"
Huo Zhenting was stunned at first, then immediately asked curiously.
Huo Yingdong did not answer directly, but stretched out the index finger of his right hand and pointed towards the sky.
Huo Zhenting was immediately shocked, his pupils widened, and then he took a deep breath and sighed: "No way! Daddy, the mainland is so bold? This is 10 million US dollars! Throw it all into the soybean futures market?"
…
Continue read on readnovelmtl.com
