In more than half a month, their profits were as high as 50% to 90%. Such high profits will in turn make the trading of gold and silver even more popular.
This is how the capital market works, chasing highs and selling lows. The higher it goes, the harder it is to buy, and the more people rush to buy it. The lower it goes, the less people want it.
At this time, in the VIP room of the London Futures Trading Market, Huo Zhenting was proudly holding a Brazilian cigar in his mouth, watching the silver price on the display screen in front of him, which was jumping up and down.
"Haha! Fortunately, I didn't act like Daddy's obedient son this time. Instead, I bravely acted like myself.
My judgment turned out to be correct. Following the experts from the mainland and investing in silver and gold precious metals, my 50 million US dollars will soon become 100 million US dollars.
In just over half a month, I earned 50 million US dollars. Among the second generation of families in Hong Kong, who can have such ability as me?
When this news gets back to Hong Kong Island, the next front page headlines of those wealthy newspapers will be from me, Ho Chun-tung. It would not be an exaggeration to give me the title of "The Midas Touch," right?"
In fact, half a month ago, with the permission of his father Henry Fok Ying-tung to invest freely with 50 million US dollars, Fok Chun-ting was quite nervous.
After all, this was an opportunity he had fought hard for, an opportunity to prove himself.
Therefore, he had done a lot of preparation. He purchased a large amount of inside information and intelligence, and looked for informants in major silver mines around the world.
Sure enough, some clues were discovered. It was not just the superficial things that everyone could know from the newspapers, such as the silver mine accident, shareholder conflicts and so on.
More importantly, Huo Zhenting keenly discovered that someone was secretly purchasing large amounts of spot silver.
This very accurate and sharp news further proves the correctness of the investment in the mainland.
Ho Chun-ting even had a bolder guess that the one secretly purchasing large amounts of silver might be the Chinese government itself.
Wow!
You wouldn’t know until you make the connection, but once you make the connection, doesn’t it all make perfect sense?
And Ho Chun-ting is worthy of being Ho Ying-tung's legitimate son, and he also possesses considerable courage.
After confirming this information, he invested 50 million US dollars in precious metal futures, mainly silver, without hesitation.
Then...
As expected, the price of silver began to lead the rise, and Huo Zhenting immediately flew to the London Futures Trading Market to take charge.
Seeing the investment skyrocketing with his own eyes, Huo Zhenting was so happy!
This was different from any of his previous business operations and investments. He broke away from his father's control and advice and relied entirely on his own judgment and ability.
When the capital rose by 50%, he was eager to call his father and prove himself to him.
However……
He held back.
After all, he is Huo Yingdong's eldest son!
He will be the inheritor of the entire Huo family in the future. How could it be possible that with such a situation, he only made 20 or 30 million US dollars and then ran back to his owner to wag his tail and ask for credit like a puppy that got a bone!
Huo Zhenting has big ambitions. His goal is 200 million US dollars. When his 50 million US dollars has doubled and doubled again to reach 200 million US dollars, he will return to the Huo family with dignity and make the old man look at him with new eyes.
However……
Just as Huo Zhenting was watching the market value of his silver futures investment reach more than 99.8 million US dollars and was about to break 100 million, suddenly a panic voice appeared in the entire London futures market.
"Look! Someone is selling silver spot..."
"A large amount of silver spot is being sold. Quick... trader, please cancel the silver buy order I just placed!"
"Yes, yes, yes! I want to withdraw mine too, huh? Has it been traded? It's over! This time, I immediately lost three points! I'll sell too, right away..."
“Don’t panic! This is probably a company that has hoarded a batch of silver and is selling it to cash out because the price is high. It won’t affect the entire market…”
"That's right! There are only a few sell orders, what are you afraid of? Look, there are big players entering the market. The silver that was just sold was immediately taken up, and the price has risen a little..."
"Ah! There is another sell order, this time it is for 10,000 lots..."
…
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