"But boss, what about HSBC...?"
"HSBC stated in the initial agreement that I would only be required to make up the difference if the HK$1 billion investment suffered a loss of 5%."
"As long as I remain profitable, there will be no situation where I have to fill the hole."
Hearing this, Henry smiled bitterly to himself.
He knew what Chen Dong was saying was true, but the problem was, what if there was a loss?
If you can't come up with the money when the time comes, you'll suffer the same fate.
Just when Henry was in a dilemma, Chen Dong delivered another decisive blow.
"Wangcai, if others don't believe in my abilities, don't you believe in them either?"
"Don't forget, you also get three-thousandths of the profits."
yes!
I also own three per thousand shares.
Thinking of this, Henry's eyes gleamed with greed.
HK$100 million is approximately US$14.02 million.
But Chen Dong has $16 million in his hands.
In other words, it's not that I can't handle things.
If the loss amount approaches $2 million.
No matter what Chen Dong says, as long as I forcefully liquidate my position, I'll definitely be fine in the end.
Henry nodded, thinking about this.
Upon seeing this.
Chen Dong smiled slightly, patted him on the shoulder, and said.
"When the price is near a certain point, start placing short contracts to try and bring the average price above that point."
"Okay, boss."
Henry moved quickly.
Quickly log into Chen Dong's fund account and switch back and forth between the two accounts.
$30 million is no small sum.
According to stock index futures points, the margin for each lot is in US dollars.
In other words, with a leverage of 100x, you can buy a maximum of 1384 standard lots of stock index futures contracts.
Chen Dong was unaware of Wangcai's ulterior motives, otherwise he wouldn't have been so kind to him.
He pondered for a moment.
The 738 standard hand is the limit that Chen Dong can buy.
HSBC's funds could buy approximately 646 standard lots.
certainly.
You also need to have sufficient margin to protect against market fluctuations.
Thinking of this.
Chen Dong said quickly.
“For our account, we will open a position of 700 lots, which will be done in multiple transactions, with each transaction not exceeding 10 lots.”
"For the HSBC account, the position size is 600 lots, and each position cannot exceed 20 lots."
“A total of 1,300 contracts. Wangcai, if you do a good job that satisfies me, I will satisfy you in return.”
Hearing this, Henry's breathing became rapid.
Does the boss want to give him a bonus?
It's important to know that his three per thousand has been snowballing in Chen Dong's account.
......
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